NO TNT CALL TODAY, well most likely
Friday's call has been postponed until later in the evening, if warranted. Enjoy your Fantabulous-er Friday and weekend!! #wearethepeople
Word on the Street Friday 8/4/17:
Investors rush to buy Iraq’s first independent bond
$1bn bond, which matures in 2023, had brought in $6.6bn of orders
AUGUST 2, 2017 by: Thomas Hale Investors have rushed to buy Iraq’s first independent bond sale in more than a decade, in a sign of a continued wave of demand for riskier debt across international markets.
The $1bn bond, which matures in 2023, had brought in $6.6bn of orders when books were reported on Wednesday afternoon. The yield was fixed at 6.75 per cent, lower than initial pricing expectations of more than 7 per cent.
The high levels of demand for the debt came amid strong appetite for risk across capital markets as low interest rates push investors to seek higher returns.
Last week, Greece, which has undergone multiple bailouts by the EU and International Monetary Fund, raised €3bn in its first bond sale for three years. In June Argentina was able to borrow $2.75bn of 100-year bonds at a yield of about 8 per cent, despite its long history of sovereign defaults.
The Iraqi debt sale is a critical moment for Baghdad, which has never sold a fully syndicated bond of this type independently. The country, struggling to overcome years of internal strife that followed the 2003 US-led invasion, has $2.7bn of bonds outstanding that were sold in 2006, and came as part of a restructuring of earlier obligations.
“This is their first ever marketed and syndicated international bond issue,” said Samad Sirohey, head of debt capital markets for emerging Europe, the Middle East and Africa at Citigroup. “The response has been a strong endorsement of what the country has achieved in recent years”.
The response has been a strong endorsement of what the country has achieved in recent years
SAMAD SIROHEY, CITIGROUP
The Republic of Iraq also issued $1bn of bonds guaranteed by the US this year, which came with a coupon of 2.149 per cent, and was linked to an international assistance package. Baghdad agreed a $5.4bn bailout programme with the International Monetary Fund in mid-2016.
Iraq’s outstanding bonds rallied slightly on Wednesday after the IMF released a statement on the country on Tuesday.
“The economic policies implemented by the Iraqi authorities to deal with the shocks facing Iraq — the armed conflict with Isis and the ensuing humanitarian crisis and the collapse in oil prices — are appropriate,” said the IMF’s David Lipton in a statement.
“In the fiscal area, the authorities are implementing a sizeable fiscal adjustment, mostly through retrenchment of inefficient capital expenditure while protecting social spending,” he added.
The IMF also said that the authorities are appropriately maintaining the peg of the Iraqi dinar to the US dollar, which provides a “key anchor” to the economy.
Iraq had previously planned to tap capital markets in 2015, but the sale was called off because of issues around pricing.
Fitch, the rating agency, boosted its outlook for Iraq from negative to stable in March this year, in a sign of its economic situation improving. The country’s economy had been hit by weaker oil prices and political instability.
The high levels of demand for Iraq’s bond follow on from significant sales of emerging market debt this year. Emerging market countries sold record levels of government debt in the first quarter this year, according to Dealogic data.
Iraq’s bond was rated B- by both S&P and Fitch, the rating agencies. Citigroup, Deutsche and JPMorgan were joint lead managers on the deal
and then this morning:
Moody’s gives stable outlook for Iraqi government
The ratings agency said that positive developments balance the country’s shaky political and economic position
Moody’s Investor Service assigned a Caa1 long-term issuer rating with a stable outlook to the government of Iraq.
The ratings agency said that the stable outlook reflected the balance struck between recent positive developments, such as security forces and support from the international community, and political and economic fragility. “Nevertheless, the political situation remains fragile and will do so for some time,” Moody’s said.
Iraq’s proven oil reserves were 153 billion barrels, the fifth largest in the world, according to BP Statistical Review of World Energy. The supply glut has weighed down prices to around US$50 a barrel despite Opec’s efforts to curb the lull in oil prices. This places added pressure on Iraq as it relies on hydrocarbon revenues to the tune of 90 per cent of government revenues and nearly 100 per cent of exports.
According to the latest data, oil accounts for about 50% of nominal GDP, nearly 100% of exports, and around 90% of government revenues. However, because oil extraction is a capital-intensive industry, it is not particularly important for employment, with only 1% of total employment in the sector.
Moody’s said that the volatile oil market has caused a sharp slowdown in the country’s growth this year. “We are currently forecasting a 0.4 per cent contraction in growth in the economy, and looking ahead, growth between now and 2022 is likely to slow,” the ratings agency said. “After a growth rebound of 2.9% for 2018, the IMF is forecasting that real GDP growth will be between 1.7% and 2.1% through 2022.”
Iraq’s deficit for last year was larger than targeted, 14.1 per cent of GDP versus 10.9 per cent. The IMF expects a large 9 percentage point deficit reduction this year, but that is almost entirely dependent on increases in oil revenue.
Moody’s said that the government has significant reserves totaling around $40 billion, which will provide a fiscal buffer for when other sources of funding are constrained.
Moody’s also gave a Caa1 senior unsecured rating to the country’s bond issuance as well as a B3 long-term local and foreign currency bond ceilings and Caa2 local and foreign currency deposit ceilings.
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,141.8000 | 1,137.2000 | 1,137.2000 | | 07:14 |
| USD/VND | | | 22,398.0000 | 22,311.0000 | 22,311.0000 | | 07:14 |
| USD/CNY | | | 6.7224 | 6.6933 | 6.7165 | | 07:13 |
| USD/KWD | | | 0.3013 | 0.3010 | 0.3013 | | 04:00 |
| GBP/USD | | | 1.3163 | 1.3127 | 1.3144 | | 07:14 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,327.0000 | 13,307.0000 | 13,319.0000 | | 07:05 |
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,137.2000 | 1,137.2000 | 1,137.2000 | | 20:00 |
| USD/VND | | | 22,311.0000 | 22,311.0000 | 22,311.0000 | | 20:00 |
| USD/CNY | | | 6.7224 | 6.6933 | 6.7165 | | 06:59 |
| USD/KWD | | | 0.3013 | 0.3010 | 0.3013 | | 04:00 |
| GBP/USD | | | 1.3163 | 1.3127 | 1.3144 | | 06:59 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,327.0000 | 13,307.0000 | 13,319.0000 | | 06:31 |
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Iraq announces the return of its assets held by the United Nations
http://translate.
The Ministry of Foreign Affairs of Iraq announced on Thursday the recovery of funds held under the oil program for food and medicine, estimated at more than 130 million dollars.
The ministry spokesman said in a statement today that "the Iraqi funds seized by the United Nations under the oil program for food and medicine amounting to 131 million dollars in addition to its benefits for six years after the Iraqi Ministry of Foreign Affairs was authorized by the Council of Ministers and with the support of the President And the contribution of the Secretariat General of the Council of Ministers to negotiate the latest commitments related to this program and two rounds of negotiations with the Secretariat of the United Nations on the completion of Iraq's obligations relating to his release from Chapter VII.
He explained that "expected by the end of this year to end all the burdens of the decisions of Chapter VII borne by Iraq because of what the regime committed by the policies and follies that tied Iraq's money and led to the detention of international organizations."
MP Kharbit retracts his resignation and apologizes for the presidency of parliament
Date of release: 2017/8/3 12:07 • 98 times read
(Baghdad: al-Furat News) MP withdrew from Anbar province, asked Kharbit about his resignation as a member of the House of Representatives submitted about a month ago.
A parliamentary source told the {Euphrates News} that "MP Talib al-Kharbit submitted a request to the presidency of the parliament to resign from the resignation and apologize for what he said inappropriate words and abuse of the House of Representatives."
He added that "the presidency of parliament approved the request of Kharbit."
The deputy from Anbar province, Talib al-Kharbit, presented on July 6 his resignation from the Council.
"He swore a constitutional oath to preserve the decent life of Iraqi citizens, which is not what happened, but the opposite, where the citizen was killed in cold blood because of semi-doubt or doubt," Kharbit said in his resignation. "He does not want to be a false witness to what is going on in Iraq, Better than proceeding, "as he put it.
Kharbit said in a previous press statement that "his resignation is irreversible and it is not an early election propaganda," stressing that he will not run for the upcoming elections once and for all
Sadr in Baghdad in preparation for the demonstration "million" against the election law today
The media office of the leader of the "Sadrist movement," in a brief statement, that Moqtada al-Sadr arrived in the Iraqi capital Baghdad, while expected leaders close to him to have a share even for minutes in a demonstration today.
One of the organizers of the demonstration, Haider al-Tamimi, told the "New Arab" that the coordination committee arrived early this morning to Tahrir Square, central Baghdad, the venue for the demonstration in order to make the necessary arrangements. The demonstration will be limited to demanding the removal of the corrupt, the dismissal of the current election commission, replacing it with new, as well as the enactment of a fair election law.
He pointed out that the demonstration will reject the election law, which voted on some of its paragraphs last Tuesday, including the mechanism of St. Lego modified in the Iraqi way (1.9), stressing the continuation of demonstrations until the amendment of the election law.
In the context, announced the director of Sadr's office in Baghdad, Ibrahim al-Jabri, during a press statement, that the demonstration million called by Sadr will be in Tahrir Square, at 5 pm Baghdad time, considering that this day will be historic, and will be the word of the people is the highest.
The Iraqi people will make the desired change despite the noses of the corrupt," he said, pointing out that the protesters will not give up their peace whatever happens.
He stressed that the Iraqis will continue the demonstrations as long as the corrupt adhere to the laws serve them and in the interest of their parties at the expense of the poor and displaced people from the sons of various Iraqi provinces.
On the other hand, the official account in favor of Mohammed al-Iraqi, who is believed to be close to Muqtada al-Sadr, the possibility of the failure of the demonstration Friday, saying: "In short: the failure of demonstrations tomorrow means the return of former Prime Minister Nuri al-Maliki to rule," adding "
According to security sources confirmed to the "New Arab" that a joint force of the army and the federal police and riot police cut off the bridges of the two floors and the commentator and Sinak and the Republic near the venue of the demonstration, as well as the closure KAHRAMANA, ALKHALANI, TALK, AL-RAHID, AL-RAHID, ALSADOUN and AL-NADAL.
After his return from Saudi Arabia on a three-day visit, the leader of the "Sadrist movement" Muqtada al-Sadr called for a demonstration of millions on Friday to protest against corruption and the parliament vote on a number of paragraphs of the election law, which serves large parties at the expense of small.
He added that "the presidency of parliament approved the request of Kharbit."
The deputy from Anbar province, Talib al-Kharbit, presented on July 6 his resignation from the Council.
"He swore a constitutional oath to preserve the decent life of Iraqi citizens, which is not what happened, but the opposite, where the citizen was killed in cold blood because of semi-doubt or doubt," Kharbit said in his resignation. "He does not want to be a false witness to what is going on in Iraq, Better than proceeding, "as he put it.
Kharbit said in a previous press statement that "his resignation is irreversible and it is not an early election propaganda," stressing that he will not run for the upcoming elections once and for all
Sadr in Baghdad in preparation for the demonstration "million" against the election law today
Baghdad Baraa al - Shammari
4 August 2017
The leader of the "Sadrist movement", Moqtada al-Sadr , on Friday, to Baghdad from his residence in the area of Hanana in the province of Najaf (180 km south of Baghdad), in conjunction with the start of the demonstrationcalled for millions against the Commission and the election law.
The media office of the leader of the "Sadrist movement," in a brief statement, that Moqtada al-Sadr arrived in the Iraqi capital Baghdad, while expected leaders close to him to have a share even for minutes in a demonstration today.
One of the organizers of the demonstration, Haider al-Tamimi, told the "New Arab" that the coordination committee arrived early this morning to Tahrir Square, central Baghdad, the venue for the demonstration in order to make the necessary arrangements. The demonstration will be limited to demanding the removal of the corrupt, the dismissal of the current election commission, replacing it with new, as well as the enactment of a fair election law.
He pointed out that the demonstration will reject the election law, which voted on some of its paragraphs last Tuesday, including the mechanism of St. Lego modified in the Iraqi way (1.9), stressing the continuation of demonstrations until the amendment of the election law.
In the context, announced the director of Sadr's office in Baghdad, Ibrahim al-Jabri, during a press statement, that the demonstration million called by Sadr will be in Tahrir Square, at 5 pm Baghdad time, considering that this day will be historic, and will be the word of the people is the highest.
The Iraqi people will make the desired change despite the noses of the corrupt," he said, pointing out that the protesters will not give up their peace whatever happens.
He stressed that the Iraqis will continue the demonstrations as long as the corrupt adhere to the laws serve them and in the interest of their parties at the expense of the poor and displaced people from the sons of various Iraqi provinces.
On the other hand, the official account in favor of Mohammed al-Iraqi, who is believed to be close to Muqtada al-Sadr, the possibility of the failure of the demonstration Friday, saying: "In short: the failure of demonstrations tomorrow means the return of former Prime Minister Nuri al-Maliki to rule," adding "
According to security sources confirmed to the "New Arab" that a joint force of the army and the federal police and riot police cut off the bridges of the two floors and the commentator and Sinak and the Republic near the venue of the demonstration, as well as the closure KAHRAMANA, ALKHALANI, TALK, AL-RAHID, AL-RAHID, ALSADOUN and AL-NADAL.
After his return from Saudi Arabia on a three-day visit, the leader of the "Sadrist movement" Muqtada al-Sadr called for a demonstration of millions on Friday to protest against corruption and the parliament vote on a number of paragraphs of the election law, which serves large parties at the expense of small.
Director of Sadr's office: Friday demonstration will impose the will of the people to change despite the nose of the corrupt
Ibrahim al-Jabri, director of Sadr's office in Baghdad, said that "what he described as a demonstration called by the protest committee and supported by the leader of the Sadrist movement Moqtada al-Sadr will be in Tahrir Square on Friday and at 5 pm.
"The Iraqi people will make the desired change despite the noses of the corrupt, whether they want it or not," Al-Jabri told Baghdad. "The demonstrators will not give up their peace whatever happens."
On the developments of the ongoing protests in Iraq, Al-Jabri stressed that "the people continue their protests and that the escalation is inevitable as long as the corrupt adhere to the laws that serve them and pour into the service of their parties at the expense of the poor and oppressed people of the various Iraqi provinces."
"The Iraqi people will make the desired change despite the noses of the corrupt, whether they want it or not," Al-Jabri told Baghdad. "The demonstrators will not give up their peace whatever happens."
On the developments of the ongoing protests in Iraq, Al-Jabri stressed that "the people continue their protests and that the escalation is inevitable as long as the corrupt adhere to the laws that serve them and pour into the service of their parties at the expense of the poor and oppressed people of the various Iraqi provinces."
Al-Jabri did not say whether Sadr would attend Friday's demonstration or not.
A source close to the leader of the Sadrist movement Moqtada al-Sadr said he arrived on Thursday evening to Baghdad hours before a mass demonstration in Tahrir Square in protest against the current version of the draft law on provincial elections and the non-selection of a new electoral commission.
The leader of the Sadrist movement, Moqtada al-Sadr, on Thursday, his supporters to organize a mass rally on Friday in Tahrir Square in the capital and the provinces, warning that the demonstration is substandard because it will be a bullet of mercy in the body of reform.
"I wish the people were aware of what the corrupt politicians are plotting to bring back corruption, which will not only control the lives of the people, but also their blood and blood," Sadr said in a statement.
"The sectarian storm and unfulfilled passion have made the people inclined to silence about what is going on in the hall of politicians, their parliament and their government, who are willing to have a commission and a law that takes into account their vested interests and which harms the interests of the people and the integrity of them, the technocrats and the like."
Sadr said: "This is the strongest demand by a mass demonstration tomorrow in the Tahrir Square and in the provinces, according to its ability and potential.
He concluded the leader of the Sadrist movement, "At the same time beware that the demonstration is below the required level, or else will be a bullet of mercy in the body of reform and the inevitable.
Mass demonstrations in Diyala bridge for poor services
Editorial Date: 2017/8/3 11:37 • 79 times scheduled
(Baghdad: al-Furat News) mass demonstrations took place Thursday morning in the area of Diyala bridge southeast of the capital Baghdad.
The area was crowded with protesters who cut off the main street demanding services, water scarcity and the elimination of corruption.
Residents of the Husseiniya district north of Baghdad organized a major sit-in last week and cut off the road between Baghdad and Diyala to protest the poor services in the area north of the capital.
The government responded to the demands of the demonstrators and discussed yesterday the General Secretariat of the Council of Ministers stages of work in the projects of services in Husseiniya and implementation as soon as possible
And called on the companies responsible for the completion of service projects in Husseiniya to facilitate the procedures, and to eliminate the obstacles and problems that accompany the work process to ensure the exit rates of achievement in large and record time for the public good.
Residents of the Husseiniya district north of Baghdad organized a major sit-in last week and cut off the road between Baghdad and Diyala to protest the poor services in the area north of the capital.
The government responded to the demands of the demonstrators and discussed yesterday the General Secretariat of the Council of Ministers stages of work in the projects of services in Husseiniya and implementation as soon as possible
And called on the companies responsible for the completion of service projects in Husseiniya to facilitate the procedures, and to eliminate the obstacles and problems that accompany the work process to ensure the exit rates of achievement in large and record time for the public good.
Government clarification of the air transport agreement between Iraq and America
Release date: 2017/8/3 10:21 • 101 times read
(Baghdad: Al-Furat News) The Secretariat General of the Council of Ministers clarified the draft air transport agreement between the Government of the Republic of Iraq and the Government of the United States of America.
"The Council of Ministers approved the authorization of Minister of Transport Kazem Vajan Al-Hamami to negotiate and sign the draft air transport agreement between the Government of the Republic of Iraq and the Government of the United States of America, as amended by the State Consultative Council, according to the provisions of Article { 80 / item VI of the Constitution ".
He explained that the authorization "stipulated the amendment of the place of signature to be in the form stipulated in paragraph III / A of Article 12 of the Law of the Treaty No. 35 of 2015, and the establishment of the Ministry of Foreign Affairs to prepare the required authorization document on behalf of the Iraqi government to the Minister in accordance with approved contexts and submitted to the Secretariat of the Council of Ministers of In order to obtain the signature of the Prime Minister. "
"The agreement aims at enhancing the joint relations between the two countries in the field of civil aviation, establishing and operating airlines and ensuring the safety and security of civil aviation," the statement said.
He explained that the authorization "stipulated the amendment of the place of signature to be in the form stipulated in paragraph III / A of Article 12 of the Law of the Treaty No. 35 of 2015, and the establishment of the Ministry of Foreign Affairs to prepare the required authorization document on behalf of the Iraqi government to the Minister in accordance with approved contexts and submitted to the Secretariat of the Council of Ministers of In order to obtain the signature of the Prime Minister. "
"The agreement aims at enhancing the joint relations between the two countries in the field of civil aviation, establishing and operating airlines and ensuring the safety and security of civil aviation," the statement said.
Mr. Ammar al-Hakim confirms his efforts to draft the National Wisdom Stream
Release date: 2017/8/3 9:50 • 157 times scheduled
(Baghdad: Al-Furat News) The head of the National Wisdom Movement, Mr. Ammar al-Hakim, confirmed his intention to proceed with the draft wisdom stream.
Mr. Ammar al-Hakim said in a statement on Thursday received the agency {Euphrates News} a copy of "I chose this way for insight and argument on myself between me and God Almighty and see the satisfaction of God and satisfaction of his messenger and his family (peace be upon them) and Reza Maulana author of age and time { God hastens his release. "
"So I am determined to go with all my strength and I will not hesitate even if I remain alone, and I do not ask any of you to join but be convinced of this project and decide to proceed."
On July 24, Mr. Ammar al-Hakim announced the establishment of the National Wisdom Movement. He said that the current "will be where the wisdom is and Iraq is a moderate and moderation and a starting point for political, economic and social construction so that Iraq can regain its role that it deserves."
"So I am determined to go with all my strength and I will not hesitate even if I remain alone, and I do not ask any of you to join but be convinced of this project and decide to proceed."
On July 24, Mr. Ammar al-Hakim announced the establishment of the National Wisdom Movement. He said that the current "will be where the wisdom is and Iraq is a moderate and moderation and a starting point for political, economic and social construction so that Iraq can regain its role that it deserves."
Governor of Nineveh responds to accusations against him concerning "suspicions of corruption"
By Mustafa Kuran 2 hours ago
Governor of Nineveh responds to accusations against him concerning "suspicions of corruption"
Roudao-Erbil
Nineveh governor Nofal Hammadi al-Aakoub said on Thursday corruption charges against him were "invalid" and were used only for election propaganda.
"The talk of the people or the official is different from the talk and decision of the court. When the court talks about my actions, whether negative or positive, I consider them correct, and other people's and officials' words is unimportant, because everyone knows that this," Al-Aakoub said in a statement. It is a political quarrel for the governor of Nineveh, because of the approaching election date. "
He added that "the elections are close and anyone trying to stand out to win the votes of people wants to draw the governor of Nineveh and accused of corruption, this is the best way to highlight the facts and gain the votes of people."
Nineveh governor Nofal Hammadi al-Aakoub said on Thursday corruption charges against him were "invalid" and were used only for election propaganda.
"The talk of the people or the official is different from the talk and decision of the court. When the court talks about my actions, whether negative or positive, I consider them correct, and other people's and officials' words is unimportant, because everyone knows that this," Al-Aakoub said in a statement. It is a political quarrel for the governor of Nineveh, because of the approaching election date. "
He added that "the elections are close and anyone trying to stand out to win the votes of people wants to draw the governor of Nineveh and accused of corruption, this is the best way to highlight the facts and gain the votes of people."
Editing: Ziad Al-Haidari
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Interior Minister to visit Tehran soon
Date of release: 2017/8/3 12:29 • 69 times scheduled
{Continue: Euphrates News} Interior Minister Qasim al-Araji will visit Tehran soon.
Iranian news agencies reported that the visit was "to coordinate the mechanisms for the upcoming 40th visit and the entry of Iranians to Iraq to visit the holy sites."
It is noteworthy that the Iranian side called on the Iraqi government to open the crossing, "Khosravi" adjacent to the province of Diyala now that Iraq rejected the request for lack of security in this area of Iraqi territory.
"Iraq will try to open a new consulate in the Iranian city of Ilam to facilitate the granting of entry visas to Iranian visitors," Araji said.
It is noteworthy that the Iranian side called on the Iraqi government to open the crossing, "Khosravi" adjacent to the province of Diyala now that Iraq rejected the request for lack of security in this area of Iraqi territory.
"Iraq will try to open a new consulate in the Iranian city of Ilam to facilitate the granting of entry visas to Iranian visitors," Araji said.
Mr. Khamenei endorses Rouhani's election as president for a second term
Release date: 2017/8/3 11:57 • 48 times read
(International: Al Furat News) Supreme Iranian Supreme Leader Ayatollah Ali Khamenei has approved the ruling on the implementation of the presidency of the Islamic Republic of Iran by President-elect Hassan Rowhani for a second term.
The head of his office, Mohammed Mohammadi Kalbakani, read the text of the ruling on the implementation of the presidency of the Republic issued by the supreme leader in Iran.
Mr. Khamenei stressed in the statement that "the implementation of the Resistant Economy Plan and the special attention to the issue of employment opportunities and internal production, and recall that the election and ratification of the people is committed to maintaining the commitment to the Islamic and revolutionary right and straight and care."
Rowhani, a member of Iran's reformist movement, won a second term in the May 12 presidential election with more than 23 million votes, or 57 percent of the total vote, far behind his conservative rival Ibrahim Rashedi.
It is noteworthy that the ceremony of the constitutional oath of President Rohani will be held next Saturday in the Islamic Shura (parliament)
Mr. Khamenei stressed in the statement that "the implementation of the Resistant Economy Plan and the special attention to the issue of employment opportunities and internal production, and recall that the election and ratification of the people is committed to maintaining the commitment to the Islamic and revolutionary right and straight and care."
Rowhani, a member of Iran's reformist movement, won a second term in the May 12 presidential election with more than 23 million votes, or 57 percent of the total vote, far behind his conservative rival Ibrahim Rashedi.
It is noteworthy that the ceremony of the constitutional oath of President Rohani will be held next Saturday in the Islamic Shura (parliament)
Masoudi: The next phase will witness the dismissal of a number of ministers
Release date: 2017/8/3 9:00 • 135 times scheduled
(Baghdad: al-Furat News) MP from the mass of the citizen, Mohamed Masoudi, that the next phase will witness the dismissal of a number of ministers who prove their involvement in corruption.
The Masoudi, told the {Euphrates News}, that "the Iraqi constitution set the powers of the House of Representatives legislation and oversight, and the parliament succeeded in the legislative aspect, but was weak in the oversight," pointing to "the last legislative year of the current parliament, "He said.
He added, "We will see in the next stage a series of dismissals of ministers who prove their involvement in corruption, and this depends on the document submitted by the questioned MP, as the interrogation depends on the authoritative documents released by the interviewer and the minister's response if it is realistic or otherwise.
As for the elections of provincial councils and their law, Masoudi said that "the provincial elections began the amended law 21 of 2008, and the duration of the cycle 4 years and ended on April 30," noting that "the bill was submitted to the House of Representatives, but there is a big disagreement, The inclusion of Kirkuk in the elections. "
The Speaker of the House of Representatives Salim al-Jubouri, said earlier, "The House of Representatives has 7 requests for questioning, 6 of which met the formal and legal procedures while the request for the seventh interrogation is still under consideration."
The parliament is scheduled to question Thursday the Minister of Commerce Agency (Salman Jumaili) and submitted by MP Alia Nassif, provided that the rest of the interrogations successively every week within the scheduled schedule.
He added, "We will see in the next stage a series of dismissals of ministers who prove their involvement in corruption, and this depends on the document submitted by the questioned MP, as the interrogation depends on the authoritative documents released by the interviewer and the minister's response if it is realistic or otherwise.
As for the elections of provincial councils and their law, Masoudi said that "the provincial elections began the amended law 21 of 2008, and the duration of the cycle 4 years and ended on April 30," noting that "the bill was submitted to the House of Representatives, but there is a big disagreement, The inclusion of Kirkuk in the elections. "
The Speaker of the House of Representatives Salim al-Jubouri, said earlier, "The House of Representatives has 7 requests for questioning, 6 of which met the formal and legal procedures while the request for the seventh interrogation is still under consideration."
The parliament is scheduled to question Thursday the Minister of Commerce Agency (Salman Jumaili) and submitted by MP Alia Nassif, provided that the rest of the interrogations successively every week within the scheduled schedule.
Iraq, Iran and Russia are seeking coordination to enhance security in the region
Release date: 2017/8/3 0:02 • 176 times read
{Baghdad: Al-Furat News} A meeting between Iraq, Iran and Russia in Moscow to discuss regional developments and joint coordination to reduce tension in the region.
A delegation from the three countries took part in the meeting, which was held on Wednesday at the Russian Foreign Ministry's protocol base.
The participants discussed the latest regional developments and joint coordination to reduce tensions and crises in the region in order to promote stability and peace in the region.
The meeting was preceded by separate meetings held by Russian Special Envoy to the Middle East Mikhail Bogdanov with the Undersecretary of the Ministry of Foreign Affairs Nizar Khairallah and his Iranian counterpart Gabri Ansari and discussed with them regional developments.
The participants discussed the latest regional developments and joint coordination to reduce tensions and crises in the region in order to promote stability and peace in the region.
The meeting was preceded by separate meetings held by Russian Special Envoy to the Middle East Mikhail Bogdanov with the Undersecretary of the Ministry of Foreign Affairs Nizar Khairallah and his Iranian counterpart Gabri Ansari and discussed with them regional developments.
FAO" launches the program "cash for work" in Iraq
The program supports 30 villages in Kirkuk, Anbar, Salah al-Din and Nineveh governorates
The organization said in a statement on its website that it aims through this program to return displaced Iraqi refugees from rural families affected by the conflict, to their homes again. Under this program, FAO seeks to secure $ 74.5 million in urgent funding to help 1.39 million people in 2017. The program, funded by the Belgian government, supports 12,000 conflict-affected people in 30 villages in Kirkuk, Anbar, Salaheddine and Nineveh governorates.
To activate the program, FAO has partnered with Iraqi telecommunications company Zain, where customers will register their names and phone numbers in advance, and then be given SIM cards for mobile phones. "When each participant completes a specific number of working days, he will receive an SMS with a personal security code, in which he will receive the salary from any authorized agent to transfer money."
For his part, the representative of the FAO in Iraq, Fadel al-Zoubi, said that the program will include the rehabilitation of irrigation channels for growing crops and processing land for agriculture. About 12 million Iraqis depend on agriculture in their rural areas, which have been devastated by the conflict, of whom 3.2 million are food insecure.
He was a member of the Iraqi parliament, revealed in mid-July, the existence of an increase in the federal budget of the state of 107 trillion dinars, and was allocated 3 trillion investment spending for the liberated areas of the organization is urging .
It is worth noting that FAO has chosen Baghdad to be a member of the Near East Group for the period 2013-2016.
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GLOBAL/NEWS/INFO
BRICS countries have key role in global economy
POST Online Media
The BRICS countries will continue to play a key role in the global economy although they reported slower growth in recent years, said an expert with the Paris-based Organization for Economic Cooperation and Development (OECD). Federico Bonaglia, deputy director of OECD Development Center, said in a recent interview with Xinhua that the slowdown in the growth o... Read the full story
POST Online Media
The BRICS countries will continue to play a key role in the global economy although they reported slower growth in recent years, said an expert with the Paris-based Organization for Economic Cooperation and Development (OECD). Federico Bonaglia, deputy director of OECD Development Center, said in a recent interview with Xinhua that the slowdown in the growth o... Read the full story
NASA's job listing for a 'planetary protection officer' is straight out of 'Men in Black'
In her first day on the job, the current officer was issued dark sunglasses.
5 productivity habits of high-performing employees that you can start today
These key practices will make you more valuable to your team.
OIL / COMMODITIES / ENERGY
Gold dips after nearing seven-week highs, U.S. jobs data awaited
Gold prices on Thursday drifted further away from seven-week highs hit earlier this week.
Read more: https://www.cnbc.com/2017/08/
Can Bitcoin Be Traded Like Gold?
The Blockchain News
Cryptocurrencies such as the famous Bitcoin have made the news in recent years. Some analysts feel that they may become a viable alternative to the traditional credit card while others tout their anonymous nature, which is ideal for performing discrete transactions with other parties.However, it’s interesting to note that Bitcoin is now being valued as a commodity. To illustrate this fact, Bitcoin is currently priced more than gold in terms of equal amounts. Read the full story
The Blockchain News
Cryptocurrencies such as the famous Bitcoin have made the news in recent years. Some analysts feel that they may become a viable alternative to the traditional credit card while others tout their anonymous nature, which is ideal for performing discrete transactions with other parties.However, it’s interesting to note that Bitcoin is now being valued as a commodity. To illustrate this fact, Bitcoin is currently priced more than gold in terms of equal amounts. Read the full story
Oil prices tick up as tighter US market balances OPEC supply
Oil prices rose steadied on Thursday, supported by signs of a tightening U.S. market but weighed down by ample supplies from OPEC producers.
Read more: https://www.cnbc.com/2017/08/
Philippine PXP Energy eager to resume South China Sea drilling
Reuters
Philippine oil and gas firm PXP Energy Corp expressed eagerness on Thursday to resume exploration in the disputed South China Sea and said any joint venture development would likely involve a Chinese company. Read the full story
Reuters
Philippine oil and gas firm PXP Energy Corp expressed eagerness on Thursday to resume exploration in the disputed South China Sea and said any joint venture development would likely involve a Chinese company. Read the full story
BANKS / BANKING
Glass-Steagall Held Back Main Street Banks And Their Customers
Investor's Business Daily
Investor's Business Daily
A strange-bedfellows mix of Democrats and Republicans have called for resurrecting the Glass-Steagall Act, a Depression-era law that separated commercial and investment banking. For most of the 20th Century the law held back Main Street banks and shielded the big Wall Street banks from those smaller competitors. Why would anyone want that old problem back again? Democrats have blamed the law's 1999 repeal for causing the 2007-2008 financial crisis, while some Republicans have latched onto the Read the full story
Banking regulator kicks off Volcker Rule rewrite process
Metro US
By Pete Schroeder WASHINGTON (Reuters) - A federal banking regulator officially opened the Volcker Rule up for review Wednesday, soliciting public comment on existing regulations as an initial step toward revising and easing them. Keith Noreika, the acting U.S. Comptroller of the Currency, announced he was soliciting public comment, specifically input on how to better define what activities are prohibited by the Volcker Rule. The rule aims to bar risky profit-seeking trading by banks that have Read the full story
Banks offer higher rates for savers, but with sneaky tricks
MarketWatch
Banks are finally offering higher interest rates on CDs and savings. Here’s why you probably can’t get these juicier yields. Read the full story
MarketWatch
Banks are finally offering higher interest rates on CDs and savings. Here’s why you probably can’t get these juicier yields. Read the full story
Mobile-only Banking Steadily Gains Momentum Among the Connected
Techweez
Has it ever happened to you that you were out of cash and the only thing you had was a cell phone? Well, I have recently found myself in such situation. And I have paid for some services with my banking app. And at that moment I appreciated mobile banking to the fullest. Many of […] Read On Web → Mobile-only Banking Steadily Gains Momentum Among the Connected Read the full story
Techweez
Has it ever happened to you that you were out of cash and the only thing you had was a cell phone? Well, I have recently found myself in such situation. And I have paid for some services with my banking app. And at that moment I appreciated mobile banking to the fullest. Many of […] Read On Web → Mobile-only Banking Steadily Gains Momentum Among the Connected Read the full story
Shopify goes after Square with a new mobile credit card reader
Engadget
Shopify just released its new card reader that makes it easy for merchants to complete credit or debit card-based sales on the go. The reader accepts chip dips or swipes and works with Visa, Mastercard, American Express and Discover. It connects wirelessly to Android and Apple phones via Bluetooth and at full charge can carry out 400 chip dips and 700 swipe transactions. ... Read the full story
Engadget
Shopify just released its new card reader that makes it easy for merchants to complete credit or debit card-based sales on the go. The reader accepts chip dips or swipes and works with Visa, Mastercard, American Express and Discover. It connects wirelessly to Android and Apple phones via Bluetooth and at full charge can carry out 400 chip dips and 700 swipe transactions. ... Read the full story
Reviews of Shared National Credit Portfolio Find Risk Remains High Underwriting and Risk Management Practices Continue to Improve
Insurance News
WASHINGTON , Aug. 2 -- The U.S. Department of the Treasury's Comptroller of the Currency issued the following news release: Risk in the portfolio of large syndicated bank loans declined slightly but remains elevated, according to the Shared National Credit (SNC) Program Review released today by the Federal Reserve Board ( Federal Reserve ), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC). The high level of credit risk in the SNC portfolio Read the full story
Insurance News
WASHINGTON , Aug. 2 -- The U.S. Department of the Treasury's Comptroller of the Currency issued the following news release: Risk in the portfolio of large syndicated bank loans declined slightly but remains elevated, according to the Shared National Credit (SNC) Program Review released today by the Federal Reserve Board ( Federal Reserve ), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC). The high level of credit risk in the SNC portfolio Read the full story
TREASURIES/ BONDS/ STOCKS
Opinion: Dow 22,000 means the worst is yet to come
MarketWatch
MarketWatch
Stock investors are unprepared for recession or a bear market, writes Tim Mullaney. Read the full story
Wall Street, Climbing Sharply, Skips Washington’s ‘Soap Opera’
The New York Times
The stock surge of recent months, ignited by policy prospects, is now driven by strong earnings and other factors that seem impervious to politics. Read the full story
The New York Times
The stock surge of recent months, ignited by policy prospects, is now driven by strong earnings and other factors that seem impervious to politics. Read the full story
US Treasury yields slip as investors look ahead to jobs report
U.S. government debt prices were slightly higher on Thursday as investors looked ahead to key employment data set for release Friday.
Read more: https://www.cnbc.com/2017/08/
Global stocks mixed after Dow record, pound falls
ABC News
Global markets are falling as the rally from news of Apple's strong earnings that spurred record highs for the Dow Jones industrial average faded Read the full story
INSURANCE
Swiss court: Insurers can no longer spy on people receiving disability benefit
The Local - Europe's news in English
The Local - Europe's news in English
Switzerland’s highest court has ruled that it is not legal to carry out surveillance on people receiving disability insurance (IV/AI) if they are suspected of cheating the system. Read the full story
State approves 50,000 insurance policies for takeout from Citizens
Insurance News
Aug. 02 --Two private-market insurance companies have been approved to "take out" up to 50,000 residential policies from state-run Citizens Property Insurance Corp. Safepoint Insurance Co. and Southern Oak Insurance Co. were approved by the state Office of Insurance Regulation to transfer the policies beginning Oct. 17 , the office said in a news release Tuesday. The approvals are part of the state's ongoing program to depopulate Citizens, which is intended to be an insurer of last resort for Read the full story
Commonwealth Fund: 1.2 Million Gain Coverage, Lower Premiums Under Bill to Eliminate Tax-Credit Subsidy Cliff
Insurance News
WASHINGTON , Aug. 2 -- The office of Sen. Dianne Feinstein , D- Calif. , issued the following news release: Senator Dianne Feinstein (D-Calif.) today highlighted an analysis by the Commonwealth Fund showing the benefits of expanding eligibility for tax-credit subsidies to purchase health insurance to those with incomes above 400 percent of the poverty level ( $47,520 for an individual). Feinstein's bill, the Affordable Health Insurance for the Middle Class Act (S.1307), would eliminate the cliff Read the full story
CURRENCIES
'Bitcoin cash' potential limited, but a catalyst could be looming for it to take off, experts say
'Bitcoin cash' hit a high of just over $727 on Wednesday before more than halving to just over $310 in the space of a few hours.
Commodity Currencies Slide As Asian Stock Markets Traded In Negative Territory
RTTNews
Commodity currencies such as the Australian, the New Zealand and the Canadian dollars weakened against their major counterparts in the Asian session on Thursday, as Asian stock markets traded in negative territory following the mixed cues overnight from Wall Street, where the Dow Jones Industrial Average closed above the 22,000 level for the first time. Read the full story
Forex - Dollar index holds steady, just off 15-month lowsInvesting.com
© Reuters. Dollar little changed vs. rivals in cautious trade Read the full story
Pound to euro exchange rate: Sterling hangs on crucial Bank of England UPDATE
Express
POUND sterling is in for a volatile ride against the euro with the Bank of England interest rate meeting and important data out of the UK both due today. Sterling is buying €1.116, up slightly from €1.113 overnight. The exchange rate has failed to make any significant movement at the opening of a new day. Read the full story
Forex - Aussie weaker ahead of trade balance dataInvesting.com
© Reuters. Aussie weaker Read the full story
© Reuters. Aussie weaker Read the full story
Rupee Rises To Highest Level Vs Dollar Since July 2015: 10 Things To Know
NDTV
The rupee had on Wednesday surged 37 paise in its best single-day show this year to breach the psychological 64-level, ending at a fresh two-year high of 63.70. Read the full story
USA
US moves to have North Korea suspended from Asia forum
Livemint
Manila (Philippines): A senior US official says Washington will seek talks on how North Korea can be suspended from Asia’s biggest security forum as part of a broader effort to isolate Pyongyang diplomatically and force it to end its missile tests and abandon its nuclear weapons program. Read the full story
Russia Says New U.S. Sanctions Amount to Declaring 'Trade War'
TIME
TIME
"The hope for improving our relations with the new U.S. administration is now over" Read the full story
Trump urged Mexican president to end his public defiance on border wall, transcript reveals
The Washington Post
The president described paying for the wall as a “political problem” and said the best solution is just not to talk about it. Read the full story
EMERGING MARKETS
Emerging markets see low inflation for first time in Fed rate cycle
Livemint
Livemint
Hong Kong: The curse of the developed world central banks—low inflation—is turning out to be the boon for emerging markets, and their bonds. Read the full story
35% GDP collapse: Venezuela's unprecedented economic slide in numbers
Business Insider UK
LONDON – The South American state of Venezuela is in deep trouble. The country, which was once hailed by many on the Western left as a shining example of socialism in action, is crumbling, both economically and politically. In recent days fresh trouble has been sparked by an election decried by critics as illegitimate and designed to give the unpopular government of President Nicolas Maduro powers to rewrite the constitution and sideline the opposition-led congress. Earlier this week, the USA Read the full story
Emerging Markets Stocks Rise; Venezuelan Bonds Keep Falling
Barron's
The iShares MSCI Emerging Markets ETF flirts with a new multi-year high, but it isn't all wine and roses, especially in Venezuela where bonds continue to selloff amid default fears. Read the full story
Barron's
The iShares MSCI Emerging Markets ETF flirts with a new multi-year high, but it isn't all wine and roses, especially in Venezuela where bonds continue to selloff amid default fears. Read the full story
The end is nigh – so it’s time to pile into miners and emerging markets
MoneyWeek
The end of the long-running bull market in equities is near, says Dominic Frisby. Investors should turn to “late-cycle assets” – mining stocks and emerging markets. Read the full story
MIDDLE EAST
Gold contributes $110m to int'l reserves in July - CBE
Mubasher
Cairo – Mubasher: Gold’s contribution to Egypt’s international reserves on Wednesday dropped by 3.9%, or $110 million, year-on-year in July 2017, according to the Central Bank of Egypt’s (CBE) monthly report. The value of gold’s contribution to … Read the full story
Mubasher
Cairo – Mubasher: Gold’s contribution to Egypt’s international reserves on Wednesday dropped by 3.9%, or $110 million, year-on-year in July 2017, according to the Central Bank of Egypt’s (CBE) monthly report. The value of gold’s contribution to … Read the full story
Qatar approves landmark ruling that has the potential to transform Gulf societies
Qatar plans to allow some expatriates to obtain permanent residency, state news agency QNA reported, in the first move of its kind among Gulf Arab states that rely heavily on foreign labor.
Read more: https://www.cnbc.com/2017/08/
AFRICA
Zimbabwe: Central Bank to Print U.S.$300 Million Additional Bond Notes
AllAfrica
AllAfrica
(Photo: New Zimbabwe) Harare The country's central bank says it will print additional bond notes worth $300 million in an effort to ease biting cash shortages, stoking fears that the country could return to the era of money printing and hyperinflation. Governor John Mangudya said the bond notes would be backed by another facility from the African Export-Import Bank (Afreximbank). The continental bank would have backed Zimbabwe's rollout of the surrogate currency to the tune of $550 million, Read the full story
Zimbabwe shelves re-introduction of local currency
Premium Times
The printing triggered off inflation which hit an annual rate of almost 500 per cent. Read the full story
ASIA
China eyes widening yuan band amid reform pressures: sources
Metro US
China's economy is more resilient than people think. Here's why
The World Economic Forum
Stephen S. Roach looks at China's economic resilience, as the rest of the global economy has faltered. Read the full story
Metro US
By Kevin Yao BEIJING (Reuters) - China's central bank is considering a widening of the yuan's trading band after a major Communist party meeting this year, a largely cosmetic move that would burnish its reform credentials as official policy focuses on reducing debt. The People's Bank of China could widen the yuan trading range to allow it to rise or fall 3 percent against the dollar from the daily mid-point rate set by the central bank, up from the current 2 percent, according to four sources Read the full story
The World Economic Forum
Stephen S. Roach looks at China's economic resilience, as the rest of the global economy has faltered. Read the full story
Japan's start-up stock market plunge could pressure small-caps
Metro US
By Tomo Uetake TOKYO (Reuters) - Japan's stock market for start-up firms plunged to two-month lows this week as investors pulled money out of the risky and inflated market, raising concerns the broader stock market could also see some spillover. The Tokyo Stock Exchange's Mothers start-up market saw its main index plummet this week, marking a loss of almost 10 percent from a one-year peak hit in June. Trading in futures on the Mothers Index, which had been mostly dormant since their inception in Read the full story
By Tomo Uetake TOKYO (Reuters) - Japan's stock market for start-up firms plunged to two-month lows this week as investors pulled money out of the risky and inflated market, raising concerns the broader stock market could also see some spillover. The Tokyo Stock Exchange's Mothers start-up market saw its main index plummet this week, marking a loss of almost 10 percent from a one-year peak hit in June. Trading in futures on the Mothers Index, which had been mostly dormant since their inception in Read the full story
Gold dips in Asia as dollar fortunes eyed ahead of US jobs data
© Reuters. Gold dips in Asia Read the full story
EUROPE
Live Blog: Carney says 'smooth Brexit' is most realistic assumption for UK growth forecast
Our live blog is tracking market reactions as focus turns to the latest interest rate decision from the Bank of England.
GLOBAL/ NEWS/ INFO
Blessed and Highly Favored:
The ISX is closed on Friday and Saturday
Kauaihn Chatter:
8-3-2017 Newshound Guru Adam Montana [what is your take on their statement of establishing the National Oil Company and then doing the HCL?] I don't think the National Oil Company is a prerequisite to move forward on the HCL. [If the Kurdish separate from Iraq, will they still use the Iraq Dinar? Whats your opinion how this would effect our investment?] It's my opinion that will never happen.
8-3-2017 Newshound/Intel Guru Mnt Goat Article: "Parliament: The law "National Oil" will be ready to vote soon" Remember parliament was holding back on the final vote of the updated HCL sitting there now for over a year. So this National Oil law is NOT the HCL but it may be in part holding back the final vote of the HCL changes, now sitting in parliament. Quote: "We will meet with the Kurdistan government during the next week; to reach a formula for agreement on the draft law, and we expect to pass it after." ...let’s hope it’s just weeks not months.
8-3-2017 Newshound Guru Aggiedad77 [Guru] Delta...great confirmation of an article...that confirmed the disbursement of the Escrow account to Iraq from the UN. Articles: "Iraq announces the restoration of 131 million dollars of its assets held by the United Nations" "Iraq recovers its assets under the United Nations under the oil-forfood program" [reference Guru Delta post 8-3-2017]
8-3-2017 Newshound/Intel Guru Mnt Goat Article: "Parliament: The law "National Oil" will be ready to vote soon" Remember parliament was holding back on the final vote of the updated HCL sitting there now for over a year. So this National Oil law is NOT the HCL but it may be in part holding back the final vote of the HCL changes, now sitting in parliament. Quote: "We will meet with the Kurdistan government during the next week; to reach a formula for agreement on the draft law, and we expect to pass it after." ...let’s hope it’s just weeks not months.
8-3-2017 Newshound Guru Aggiedad77 [Guru] Delta...great confirmation of an article...that confirmed the disbursement of the Escrow account to Iraq from the UN. Articles: "Iraq announces the restoration of 131 million dollars of its assets held by the United Nations" "Iraq recovers its assets under the United Nations under the oil-forfood program" [reference Guru Delta post 8-3-2017]
8-3-2017 Intel Guru Delta URGENT FROM IRAQI TV: IRAQ RECOVERED ITS ASSETS HELD BY UN REGARDING THE COMPLETION OF IRAQIS OBLIGATION RELATING TO HIS RELEASE FROM CHAPTER VII.
8-3-2017 Newshound Guru Kaperoni Article: "IMF Executive Board Completes Second Review of IraqÂ?s Stand-By Arrangement and the 2017 Article IV Consultation" The good news is when push comes to shove, parliament will pass legislation as seen with the recent supplemental budget. Iraq needs money now, and IMO there is no time to waste to create the conditions for investment and a private sector. We wait and see...
8-3-2017 Newshound Guru Adam Montana Then, after many ups and downs... there it is. "The one". You see it coming, a smile crosses your face, and you start paddling. The force of the wave picks you up, starts pushing you forward, and you're about to stand up... and the momentum fades. You shrug and turn around, and paddle back out. Repeat. A beginner surfer might get discouraged at this. "Dang! I guess I'll never catch a wave!" Does that sound like our current situation? It does to me. But that's the wrong way to look at it, it's the wrong way to wait for "the one". Thinking like that will distract you, and you'll be whining about how that last wave set you up for disappointment... and you won't be ready to paddle like mad when the REAL wave comes. That's where we are, and yes this entire post was a metaphor. Just like the ocean is surely going to create a wave worthy of surfing on, we are certainly in the right spot to ride that wave, if we are only ready to paddle like mad when it comes. [post 2 of 2]
8-3-2017 Newshound Guru Adam Montana It's Wednesday, and I hate to be the bearer of "no news", but I prefer that to "bad news"! We seem to have hit another lull in the dinar, and as I was laying in bed this morning rubbing the cobwebs out of my eyes, I thought back to my days as a teenager when I used to hitchhike to the beach with my surfboard. Anyone who has surfed will know this feeling well...you paddle out, find your spot, and hang out for a bit. Sometimes the wave you will ride comes right away, but most of the time it does not. So you sit there, treading water, rising with the surge, and then going down the back of what could have been a wave but it just wasn't the one. That is how I feel we are right now. It's not a bad place to be, not by any means! We get a swell, and wonder if "this is the one", but it passes without breaking in our favor. [post 1 of 2...stay tuned]
8-3-2017 Newshound Guru Kaperoni Article: "IMF Executive Board Completes Second Review of IraqÂ?s Stand-By Arrangement and the 2017 Article IV Consultation" The good news is when push comes to shove, parliament will pass legislation as seen with the recent supplemental budget. Iraq needs money now, and IMO there is no time to waste to create the conditions for investment and a private sector. We wait and see...
8-3-2017 Newshound Guru Adam Montana Then, after many ups and downs... there it is. "The one". You see it coming, a smile crosses your face, and you start paddling. The force of the wave picks you up, starts pushing you forward, and you're about to stand up... and the momentum fades. You shrug and turn around, and paddle back out. Repeat. A beginner surfer might get discouraged at this. "Dang! I guess I'll never catch a wave!" Does that sound like our current situation? It does to me. But that's the wrong way to look at it, it's the wrong way to wait for "the one". Thinking like that will distract you, and you'll be whining about how that last wave set you up for disappointment... and you won't be ready to paddle like mad when the REAL wave comes. That's where we are, and yes this entire post was a metaphor. Just like the ocean is surely going to create a wave worthy of surfing on, we are certainly in the right spot to ride that wave, if we are only ready to paddle like mad when it comes. [post 2 of 2]
8-3-2017 Newshound Guru Adam Montana It's Wednesday, and I hate to be the bearer of "no news", but I prefer that to "bad news"! We seem to have hit another lull in the dinar, and as I was laying in bed this morning rubbing the cobwebs out of my eyes, I thought back to my days as a teenager when I used to hitchhike to the beach with my surfboard. Anyone who has surfed will know this feeling well...you paddle out, find your spot, and hang out for a bit. Sometimes the wave you will ride comes right away, but most of the time it does not. So you sit there, treading water, rising with the surge, and then going down the back of what could have been a wave but it just wasn't the one. That is how I feel we are right now. It's not a bad place to be, not by any means! We get a swell, and wonder if "this is the one", but it passes without breaking in our favor. [post 1 of 2...stay tuned]
8-3-2017 Newshound/Intel Guru Mnt Goat The Central Bank of Iraq in a statement received, Alsumaria News, "The International Monetary Fund congratulated the Central Bank and the Ministry of Finance and the Prime Minister on the success of the second audit consultations and the Convention on credit readiness after the implementation of programs and financial and monetary targets and placed in a framework that provides financial stability for Iraq and face Financial and security challenges ". This review will pave the third revision , which will begin in the month of September next action. Remember the IMF is not obligated to pay Iraq another installment on the SBA loan if they do not implement the needed reforms and make progress as agreed in their MOU dated all the way back to 2015. [post 2 of 2]
8-3-2017 Newshound/Intel Guru Mnt Goat So we heard about the second audit review Iraq had with the IMF...8/1. ...this meeting was not all about the RV and approving the new rate...I am sure they talked about this event but trust me it was not about "pulling the trigger" this week. Many say that even if the meeting was all about the RV they wouldn't tell us anyway and make it so open and public. I believe just the opposite. The CBI is not hiding this event folks. They have no reason to hide it. They are very proud to bring back their currency to its former glory. The CBI also told the public in Iraq many times they will educate them along the way. We expect it to happen again, when the time is ready. The reason we have not yet seen this is that they are NOT YET READY. [post 1 of 2....stay tuned]
8-3-2017 Newshound/Intel Guru Mnt Goat So we heard about the second audit review Iraq had with the IMF...8/1. ...this meeting was not all about the RV and approving the new rate...I am sure they talked about this event but trust me it was not about "pulling the trigger" this week. Many say that even if the meeting was all about the RV they wouldn't tell us anyway and make it so open and public. I believe just the opposite. The CBI is not hiding this event folks. They have no reason to hide it. They are very proud to bring back their currency to its former glory. The CBI also told the public in Iraq many times they will educate them along the way. We expect it to happen again, when the time is ready. The reason we have not yet seen this is that they are NOT YET READY. [post 1 of 2....stay tuned]
Get caught up on last night's updates below and if you are not a dinarguru.com alert list yet now is a great time to do it...It's free as always and only takes a sec sec...If you invested in the dinar and spend time on the site you don't want to miss something very important because you're not on the list. Click here to get on the list now.
Elmer:
Not in today
Artmeister:
Not in today
8/04/2017 12:17:00 AM Conference Call, Intel, The Big Call, Thoughts
Thank you PinkRoses for sending your notes. ~ Dinar Chronicles
THE BIG CALL WITH BRUCE THURSDAY, AUGUST 03, 2017, INTEL ONLY
TRANSCRIBED BY PINKROSES
Bruce: Welcome Everybody to the Big Call. We are glad everybody has made it in tonight. We appreciate you, the listeners not only in the United States and Canada which is the majority of our listeners, but we have listeners in Central America, South America, South Africa, Australia, New Zealand, Europe, Middle East, etc. We appreciate all of our listeners. We appreciate Pinkroses who has transcribed our call for quite awhile now. We appreciate that. It is a big help to us to put that Intel out like she does. We appreciate that.
Bruce: Let us talk about Iraq. We said on Tuesday call that the IMF meeting which was on Tuesday morning which was a success, and it was such a success that the IMF congratulated CBI of Iraq for providing what it was they needed to provide. In doing that actually earlier or more quickly than anticipated by the IMF. They did come with a rate, whatever it was IMF was looking for and they checked all the boxes. That was very positive. They congratulated the CBI for having done that.
Bruce: As far as what has occurred since that meeting we believe was a success, we understood as part of that whenever that rate was actually given to the IMF, approved or checked off by the IMF we understand that Iraq has 72 hours to release the rate, or have the rate out and visible for all the world to see. I think we are coming up to fairly closely sometime late tonight or tomorrow hitting that 72 hour period. That is what it appears to be if I did my math right.
Bruce: What is interesting is Iraq did what they needed to do and also had an anti money laundering law that was voted on and needed to be enacted, put into law. I believe that has occurred. They have done that. They talked about it. I know they did the third reading I believe on Tuesday and then it was going to be enacted. I believe they have done that. I believe the only thing that I can see that Iraq needs to do is make that rate for the Dinar, the new Iraqi Dinar known, put that rate out. How do we know that?
Bruce: We know certain people with the Qi cards even in Iraq as I mentioned on Tuesday call, had access to new funds from oil and gas exploration, the shared profits from oil was actually on their cards. They could access that. That happened Tuesday morning. Other Iraqi citizens outside of Iraq also have those cards and they were noticing certain fluctuating in the rates on those cards as they started to increase. Those rates started to increase to the point all of sudden they hit that rate we talked about in the past. Pretty much what it was then all of a sudden the screens went blank. It was as if they hit what they needed to hit. Then they took it away so when the time is right they can drop it right back in again. That is sort of the feeling the last two days. I think from that perspective everything is done and we are waiting on the time for the drop in of the rate.
Bruce: Iraq had money that had been stolen. We are talking about Dinar at the old rate. Let’s call it 1160, whatever it was. At the old rate there was approximately 150 million dollars worth of dinar at the old rate that was returned to Iraq a little after 5 am this morning. All of this had been brought back that been stolen and returned to Iraq, return to the CBI. The thinking was once that occurred and the money repatriated, Iraq could go and put out their new rate at any time. Once they achieved that. That was early this morning.
Bruce: The other thing we talked about it months ago that Iraq bring infrastructure bonds in the tune of 1 Trillion dollars. I said we knew of some people that might have taken advantage of those at that time. They actually pre-booked those bonds. Today from 9:30 this morning to 3:40 this afternoon Baghdad time. All 1 Trillion dollars worth of those bonds were sold. That is a trillion dollars worth of Iraqi infrastructure bonds that had to be purchased in lots of no less than 1 Billion dollars. They were all sold in a little over a half a day from 9:30 to 3:40 in the afternoon. Sold out. One reason they were sold out was they got a good yield. These were bonds that would be payable for 6 years, at a short term hold. They would be paying 6.75% interest per year. If you know bonds and bond values, that is a really good deal. That is one reason they probably why they sold so fast.
Bruce: What is the other reason? The other reason is those bonds are gold back. Those bonds are gold back from Iraq. They are kind of safe. Not a whole lot of risk. That is one reason why Iraq wants a good relationship with the IMF. Even though the IMF is making them a loan, they don’t really need the money, but they need the credit rating. That is why Iraq had to do what they needed to do for the purpose of the IMF because they wanted a solid credit rating. They are getting ready to entertain business from all over the world. They got a very low zero tax structure in place for businesses that want to come to Iraq. I don’t know the particulars about it so I don’t want to speak out of term. I am telling you the sale of those bonds, 1 Trillion dollars worth today, is pretty powerful. That says a lot. Could they offer a trillion dollars of infrastructure bonds without a rate? Certainly not with an $11.60 rate or whatever it was. When I hear the stuff of 1:1, I just laugh. They have had a rate on their cards, debit cards for maybe a year now in the $4 to $5 dollar range. Forget the 1:1. Drop it out of your memory. What about what Dr Shabbi said in 2012 about the rate? Remember he said the rate that Iraq could sustain? I wouldn’t be surprised by it at all. Iraq is basically done. They just need to reveal that rate. They need to show the rate and they have a limited about of time according to the IMF to do that. I think we are getting close to the end of that window.
Bruce: We understand exchanges have already begun in Hong Kong and already begun in Europe. They are just working their way to us. I know it sounds simple. One thing we have heard is certain transactions have already taken place out west. Certain things are being paid. We know people that have exchanged yesterday and today will have access to funds on Saturday. I have to believe that the process, I am talking about the Paymaster, Groups, Trustees, all those terms we use are hydrated and are waiting for a GO signal. They maybe waiting for codes. I don’t know. Whatever they are waiting for, they should be starting to pay them out. Essentially pay those SKRs out at the same time pretty close the same time we get notified with the 800 number.
Bruce: Redemption Centers are still on High Alert. We know they are on lock down. We know they are ready to go at a moment’s notice. Same thing with Tier 1 and Tier 2 Banks. We believe Tier 3 banks are far enough along where they are not an impenitent to this process. Basically all are ready to go. Do we know when the “GO” signal is? No we don’t. Do I hear the times it may go? Yes, I do. Have they not happen? Yes they have not happened. It doesn’t make me lose hope. We are at the end of the rainbow. The pot of gold is there, and we will receive our blessing.
Bruce: Everything we believe with our currency, the USN, has been completed. All documentation has been signed off on. We think that the gold needed to be in place for Iraq and for us is there to back everything. It has taken awhile to move all around. We heard USN needed a little more verification. It needs a little bit more of the registration. There maybe a few little fine details with paperwork that might need be completed. From what we understand the process is basically is ready to go. We know people are still exchanging. We know certain banks are calling in certain individuals to come in. Do they have full access to their funds yet? No, they do not. The most recent are not SKR, but they my as will be because they got accounts that show a pending amount. I see money in the account, but I can’t touch it. That sort of thing. They have a time frame coming up over the weekend they should have access to it.
Bruce: We are right there where we want to be. I think everybody knows we are at the end. We need to stay patient and in faith for this to come through. I can’t tell you the day or time, but I can tell you we are right there at the end of the ride. That is how I would say it. I want to thank all for coming into the call.
Bruce: Last Tuesday I talked to you about infrastructure. I talked to you about Rebuild America program. It fits right there with making America again. I am hoping from what I understand is we are going to offer a trillion dollars worth of infrastructure. I hate it is being paid out of the government. Maybe it can come out of the private sector. Maybe a way to do that. Maybe the administration has a plan. We certainly suggested we would be interested in some bonds to cover the infrastructure. I wish we had a competitive program like Iraq had. A trillion dollars would be a drop in the bucket for this crowd. Maybe they will offer this to us to help rebuild America. We have Rebuild America, Veterans Retreat Network, and other projects we will be working with.
Bruce: I want to thank everybody for coming in tonight to the Big Call. Thank you all for listening and being faithful coming in. Thank you Sue and Bob. Stay fit everybody and do all you can for your health and well being. Thank you Pastor Steven and Kent. Thank you Big Call listeners. Thank you everybody and hopefully see you on the other side. Stay tune to the Big Call website: thebigcall.net for more information and the 800 number. That is where I will put it first. Good night everybody. Have a great night. God bless you.
THANK YOU BIG CALL AND BRUCE, HUGSSS
THE BIG CALL WITH BRUCE THURSDAY, AUGUST 03, 2017, INTEL ONLY
TRANSCRIBED BY PINKROSES
Bruce: Welcome Everybody to the Big Call. We are glad everybody has made it in tonight. We appreciate you, the listeners not only in the United States and Canada which is the majority of our listeners, but we have listeners in Central America, South America, South Africa, Australia, New Zealand, Europe, Middle East, etc. We appreciate all of our listeners. We appreciate Pinkroses who has transcribed our call for quite awhile now. We appreciate that. It is a big help to us to put that Intel out like she does. We appreciate that.
Bruce: Let us talk about Iraq. We said on Tuesday call that the IMF meeting which was on Tuesday morning which was a success, and it was such a success that the IMF congratulated CBI of Iraq for providing what it was they needed to provide. In doing that actually earlier or more quickly than anticipated by the IMF. They did come with a rate, whatever it was IMF was looking for and they checked all the boxes. That was very positive. They congratulated the CBI for having done that.
Bruce: As far as what has occurred since that meeting we believe was a success, we understood as part of that whenever that rate was actually given to the IMF, approved or checked off by the IMF we understand that Iraq has 72 hours to release the rate, or have the rate out and visible for all the world to see. I think we are coming up to fairly closely sometime late tonight or tomorrow hitting that 72 hour period. That is what it appears to be if I did my math right.
Bruce: What is interesting is Iraq did what they needed to do and also had an anti money laundering law that was voted on and needed to be enacted, put into law. I believe that has occurred. They have done that. They talked about it. I know they did the third reading I believe on Tuesday and then it was going to be enacted. I believe they have done that. I believe the only thing that I can see that Iraq needs to do is make that rate for the Dinar, the new Iraqi Dinar known, put that rate out. How do we know that?
Bruce: We know certain people with the Qi cards even in Iraq as I mentioned on Tuesday call, had access to new funds from oil and gas exploration, the shared profits from oil was actually on their cards. They could access that. That happened Tuesday morning. Other Iraqi citizens outside of Iraq also have those cards and they were noticing certain fluctuating in the rates on those cards as they started to increase. Those rates started to increase to the point all of sudden they hit that rate we talked about in the past. Pretty much what it was then all of a sudden the screens went blank. It was as if they hit what they needed to hit. Then they took it away so when the time is right they can drop it right back in again. That is sort of the feeling the last two days. I think from that perspective everything is done and we are waiting on the time for the drop in of the rate.
Bruce: Iraq had money that had been stolen. We are talking about Dinar at the old rate. Let’s call it 1160, whatever it was. At the old rate there was approximately 150 million dollars worth of dinar at the old rate that was returned to Iraq a little after 5 am this morning. All of this had been brought back that been stolen and returned to Iraq, return to the CBI. The thinking was once that occurred and the money repatriated, Iraq could go and put out their new rate at any time. Once they achieved that. That was early this morning.
Bruce: The other thing we talked about it months ago that Iraq bring infrastructure bonds in the tune of 1 Trillion dollars. I said we knew of some people that might have taken advantage of those at that time. They actually pre-booked those bonds. Today from 9:30 this morning to 3:40 this afternoon Baghdad time. All 1 Trillion dollars worth of those bonds were sold. That is a trillion dollars worth of Iraqi infrastructure bonds that had to be purchased in lots of no less than 1 Billion dollars. They were all sold in a little over a half a day from 9:30 to 3:40 in the afternoon. Sold out. One reason they were sold out was they got a good yield. These were bonds that would be payable for 6 years, at a short term hold. They would be paying 6.75% interest per year. If you know bonds and bond values, that is a really good deal. That is one reason they probably why they sold so fast.
Bruce: What is the other reason? The other reason is those bonds are gold back. Those bonds are gold back from Iraq. They are kind of safe. Not a whole lot of risk. That is one reason why Iraq wants a good relationship with the IMF. Even though the IMF is making them a loan, they don’t really need the money, but they need the credit rating. That is why Iraq had to do what they needed to do for the purpose of the IMF because they wanted a solid credit rating. They are getting ready to entertain business from all over the world. They got a very low zero tax structure in place for businesses that want to come to Iraq. I don’t know the particulars about it so I don’t want to speak out of term. I am telling you the sale of those bonds, 1 Trillion dollars worth today, is pretty powerful. That says a lot. Could they offer a trillion dollars of infrastructure bonds without a rate? Certainly not with an $11.60 rate or whatever it was. When I hear the stuff of 1:1, I just laugh. They have had a rate on their cards, debit cards for maybe a year now in the $4 to $5 dollar range. Forget the 1:1. Drop it out of your memory. What about what Dr Shabbi said in 2012 about the rate? Remember he said the rate that Iraq could sustain? I wouldn’t be surprised by it at all. Iraq is basically done. They just need to reveal that rate. They need to show the rate and they have a limited about of time according to the IMF to do that. I think we are getting close to the end of that window.
Bruce: We understand exchanges have already begun in Hong Kong and already begun in Europe. They are just working their way to us. I know it sounds simple. One thing we have heard is certain transactions have already taken place out west. Certain things are being paid. We know people that have exchanged yesterday and today will have access to funds on Saturday. I have to believe that the process, I am talking about the Paymaster, Groups, Trustees, all those terms we use are hydrated and are waiting for a GO signal. They maybe waiting for codes. I don’t know. Whatever they are waiting for, they should be starting to pay them out. Essentially pay those SKRs out at the same time pretty close the same time we get notified with the 800 number.
Bruce: Redemption Centers are still on High Alert. We know they are on lock down. We know they are ready to go at a moment’s notice. Same thing with Tier 1 and Tier 2 Banks. We believe Tier 3 banks are far enough along where they are not an impenitent to this process. Basically all are ready to go. Do we know when the “GO” signal is? No we don’t. Do I hear the times it may go? Yes, I do. Have they not happen? Yes they have not happened. It doesn’t make me lose hope. We are at the end of the rainbow. The pot of gold is there, and we will receive our blessing.
Bruce: Everything we believe with our currency, the USN, has been completed. All documentation has been signed off on. We think that the gold needed to be in place for Iraq and for us is there to back everything. It has taken awhile to move all around. We heard USN needed a little more verification. It needs a little bit more of the registration. There maybe a few little fine details with paperwork that might need be completed. From what we understand the process is basically is ready to go. We know people are still exchanging. We know certain banks are calling in certain individuals to come in. Do they have full access to their funds yet? No, they do not. The most recent are not SKR, but they my as will be because they got accounts that show a pending amount. I see money in the account, but I can’t touch it. That sort of thing. They have a time frame coming up over the weekend they should have access to it.
Bruce: We are right there where we want to be. I think everybody knows we are at the end. We need to stay patient and in faith for this to come through. I can’t tell you the day or time, but I can tell you we are right there at the end of the ride. That is how I would say it. I want to thank all for coming into the call.
Bruce: Last Tuesday I talked to you about infrastructure. I talked to you about Rebuild America program. It fits right there with making America again. I am hoping from what I understand is we are going to offer a trillion dollars worth of infrastructure. I hate it is being paid out of the government. Maybe it can come out of the private sector. Maybe a way to do that. Maybe the administration has a plan. We certainly suggested we would be interested in some bonds to cover the infrastructure. I wish we had a competitive program like Iraq had. A trillion dollars would be a drop in the bucket for this crowd. Maybe they will offer this to us to help rebuild America. We have Rebuild America, Veterans Retreat Network, and other projects we will be working with.
Bruce: I want to thank everybody for coming in tonight to the Big Call. Thank you all for listening and being faithful coming in. Thank you Sue and Bob. Stay fit everybody and do all you can for your health and well being. Thank you Pastor Steven and Kent. Thank you Big Call listeners. Thank you everybody and hopefully see you on the other side. Stay tune to the Big Call website: thebigcall.net for more information and the 800 number. That is where I will put it first. Good night everybody. Have a great night. God bless you.
THANK YOU BIG CALL AND BRUCE, HUGSSS
Catnip:
ARTICLE 1-A (from PM Abadi's website; posted only on Arabic side, not posted on English side)
Declaration
4 August 2017
In implementation of the order of the Prime Minister, Dr. Haider Abadi, a specialized committee was formed from the General Secretariat of the Council of Ministers and the advisers in the Prime Minister and the province of Baghdad to find out the status of services in the area of Diyala and follow-up requests of the people of the region to proceed immediately.
Prime Minister 's Media Office
4 August 2017
In implementation of the order of the Prime Minister, Dr. Haider Abadi, a specialized committee was formed from the General Secretariat of the Council of Ministers and the advisers in the Prime Minister and the province of Baghdad to find out the status of services in the area of Diyala and follow-up requests of the people of the region to proceed immediately.
Prime Minister 's Media Office
4 August 2017
***************
ARTICLE 1-B (from PM Abadi's website; posted only on Arabic side, not posted on English side)
Prime Minister Dr. Haider Abadi receives a phone call from the US Secretary of State
Prime Minister Haidar al-Abadi received a telephone call from US Secretary of State Rex Tillerson.
Tillerson renewed congratulations on the victories of the Iraqi forces in the battle of Mosul, praising the wisdom of leadership and high level of coordination in the battle.
The US Secretary of State said the continued support for Iraq's efforts in the post-urging, stressing the position of the United States and its keenness on the unity of Iraq and respect for the constitution.
For his part, Dr. Haider Abadi, the determination of Iraq to complete the liberation of all its territory and restore stability.
He also pointed to the importance of focusing on providing services to citizens, moving the economy through fighting corruption, encouraging investment and raising obstacles, and the importance of regional and international openness to Iraq, stressing the need not to distract efforts by side differences and focus on what serves the stability, unity and prosperity of Iraq.
Prime Minister 's Media Office
4 August 2017
Tillerson renewed congratulations on the victories of the Iraqi forces in the battle of Mosul, praising the wisdom of leadership and high level of coordination in the battle.
The US Secretary of State said the continued support for Iraq's efforts in the post-urging, stressing the position of the United States and its keenness on the unity of Iraq and respect for the constitution.
For his part, Dr. Haider Abadi, the determination of Iraq to complete the liberation of all its territory and restore stability.
He also pointed to the importance of focusing on providing services to citizens, moving the economy through fighting corruption, encouraging investment and raising obstacles, and the importance of regional and international openness to Iraq, stressing the need not to distract efforts by side differences and focus on what serves the stability, unity and prosperity of Iraq.
Prime Minister 's Media Office
4 August 2017
***************
ARTICLE 1-C (from PM Abadi's website; posted on both the Arabic and English sides)
Prime Minister Dr. Haider Abadi receives a telephone call from the Speaker of the Iranian Shura Council
Prime Minister Dr. Haidar al-Abadi received on Thursday a telephone call from Iranian Parliament Speaker Ali Larijani.
During the call, Mr. Larijani congratulated Dr. Haider al-Abbadi on the occasion of the recent victories and the liberation of the city of Mosul. He called upon the Almighty to succeed the government and the people of Iraq, indicating the drying up of the sources of terrorism and eradicating it is a source of great joy. Dr. Abbadi, expressing the Islamic Republic of Iran's support for Iraq in its war against terrorism and other fields.
For his part, Dr. Abadi thanked Mr. Larijani for his congratulations and praise, noting that these victories would not have been achieved without the unity of the Iraqi people, the army, the police, popular mobilization and tribes against terrorism.
During the call, Mr. Larijani congratulated Dr. Haider al-Abbadi on the occasion of the recent victories and the liberation of the city of Mosul. He called upon the Almighty to succeed the government and the people of Iraq, indicating the drying up of the sources of terrorism and eradicating it is a source of great joy. Dr. Abbadi, expressing the Islamic Republic of Iran's support for Iraq in its war against terrorism and other fields.
For his part, Dr. Abadi thanked Mr. Larijani for his congratulations and praise, noting that these victories would not have been achieved without the unity of the Iraqi people, the army, the police, popular mobilization and tribes against terrorism.
He praised the position of the Islamic Republic of Iran, which supports Iraq in its fight against terrorism, stressing the necessity of concerted efforts to pursue the remaining terrorism, as well as continued cooperation in the economic and commercial fields, which will inevitably reduce the impact of terrorism.
Mr. Larijani called on Dr. Abadi to attend the inauguration ceremony of Iranian President Hassan Rowhani,
Dr. Al-Abbadi thanked Mr. Larijani for the invitation to his sovereignty to attend the inauguration ceremony and wished success to Sheikh Rowhani in the completion of his presidential duties,
He apologized for the presence of the President of the Republic, Dr. Fuad Masum, who will attend the ceremony as the representative of Iraq.
Prime Minister 's Media Office
3 August 2017
Mr. Larijani called on Dr. Abadi to attend the inauguration ceremony of Iranian President Hassan Rowhani,
Dr. Al-Abbadi thanked Mr. Larijani for the invitation to his sovereignty to attend the inauguration ceremony and wished success to Sheikh Rowhani in the completion of his presidential duties,
He apologized for the presence of the President of the Republic, Dr. Fuad Masum, who will attend the ceremony as the representative of Iraq.
Prime Minister 's Media Office
3 August 2017
***************
ARTICLE 1-D (from PM Abadi's website; posted on both the Arabic and English sides)
Prime Minister Dr. Haidar Al-Abadi receives the Chief of Staff of the British Army
Prime Minister Haidar al-Abadi received in his office Thursday the Chief of Staff of the British Army Team Stuart Beige and his entourage.
During the meeting, they discussed the strengthening of military cooperation between the two countries, the war against terrorist groups and the importance of continuing international efforts in the fight against terrorism.
Mr. Stewart conveyed Britain's congratulations on the victories achieved on the support and liberation of Mosul and its stand with Iraq and its unity and continued support to complete the liberation of the remaining areas.
Prime Minister 's Media Office
3 August 2017
During the meeting, they discussed the strengthening of military cooperation between the two countries, the war against terrorist groups and the importance of continuing international efforts in the fight against terrorism.
Mr. Stewart conveyed Britain's congratulations on the victories achieved on the support and liberation of Mosul and its stand with Iraq and its unity and continued support to complete the liberation of the remaining areas.
Prime Minister 's Media Office
3 August 2017
*************
ARTICLE 2
The three presidencies confirm the election of the head of the Electoral Commission independent and soon
2017/8/3 22:50
[Ayna-Baghdad]
2017/8/3 22:50
[Ayna-Baghdad]
The three presidencies held a meeting Thursday evening at the Peace Palace in Baghdad in the presence of President Fuad Masum, Prime Minister Haider al-Abadi and Speaker of Parliament Salim al-Jubouri.
"During the meeting, extensive discussions were held in the economic, security, electoral and armed gangs, as well as issues of emergency priority," a statement issued by the head of the republic said.
"It was also stressed the need to finish as soon as the new election of the Independent High Electoral Commission on the basis of independence, competence and integrity."
The statement said, "It was agreed to strengthen coordination between the three presidencies in all fields and issues imposed by the nature of the stage and stressing the need to strengthen and deepen the dialogue between all parliamentary political blocs to serve the higher national interests in this historical situation
"During the meeting, extensive discussions were held in the economic, security, electoral and armed gangs, as well as issues of emergency priority," a statement issued by the head of the republic said.
"It was also stressed the need to finish as soon as the new election of the Independent High Electoral Commission on the basis of independence, competence and integrity."
The statement said, "It was agreed to strengthen coordination between the three presidencies in all fields and issues imposed by the nature of the stage and stressing the need to strengthen and deepen the dialogue between all parliamentary political blocs to serve the higher national interests in this historical situation
***************
ARTICLE 3-A
Urgent postponement of the completion of the vote on the provincial elections law
2017/8/3 13:40
[Ayna-Baghdad]
The House of Representatives postponed the vote on the rest of the draft articles of the provincial and district council elections after a dispute over some of them.
"It is decided to hold a meeting on Saturday for the heads of blocs and parliamentary committees to resolve the law of provincial elections, at 11 am and before the scheduled session at one o'clock in the afternoon of the same day," a parliamentary source told All Iraq.
2017/8/3 13:40
[Ayna-Baghdad]
The House of Representatives postponed the vote on the rest of the draft articles of the provincial and district council elections after a dispute over some of them.
"It is decided to hold a meeting on Saturday for the heads of blocs and parliamentary committees to resolve the law of provincial elections, at 11 am and before the scheduled session at one o'clock in the afternoon of the same day," a parliamentary source told All Iraq.
***************
ARTICLE 3-B
Jubouri: Kirkuk elections will be held on time and unacceptable postponement by any justification
2017/8/3 23:49
[Ayna-Baghdad]
Speaker of the House of Representatives, Salim al-Jubouri, stressed the priority of the national interest to solve all the problems related to the elections in the province of Kirkuk.
A statement from his office received the agency of all Iraq [where] a copy of it that al-Jubouri "hosted, on Thursday evening, a meeting of deputies of the province of Kirkuk and members of the Electoral Commission for elections, saw a detailed study of the paragraph of the province of Kirkuk within the electoral law and ways to resolve the controversial materials.
He urged Jubouri meeting on the need to speed up the consensus on those articles in preparation for a vote during the next parliament session.
Jubouri said that "the deputies of Kirkuk today bear a historic responsibility before the people of their province first and in front of the Iraqi people," adding that "any delay in the resolution of those materials will not be in favor of the province and its people."
"The election of Kirkuk will take place on time, and it is unreasonable and unacceptable to postpone or delay it for a longer period under any circumstances and justifications," Jabouri said.
2017/8/3 23:49
[Ayna-Baghdad]
Speaker of the House of Representatives, Salim al-Jubouri, stressed the priority of the national interest to solve all the problems related to the elections in the province of Kirkuk.
A statement from his office received the agency of all Iraq [where] a copy of it that al-Jubouri "hosted, on Thursday evening, a meeting of deputies of the province of Kirkuk and members of the Electoral Commission for elections, saw a detailed study of the paragraph of the province of Kirkuk within the electoral law and ways to resolve the controversial materials.
He urged Jubouri meeting on the need to speed up the consensus on those articles in preparation for a vote during the next parliament session.
Jubouri said that "the deputies of Kirkuk today bear a historic responsibility before the people of their province first and in front of the Iraqi people," adding that "any delay in the resolution of those materials will not be in favor of the province and its people."
"The election of Kirkuk will take place on time, and it is unreasonable and unacceptable to postpone or delay it for a longer period under any circumstances and justifications," Jabouri said.
*************
ARTICLE 4
Sadr calls on Friday to protest against the election law
BAGHDAD, Aug 3 (KUNA) - Sadr's leader Muqtada al-Sadr on Thursday urged his supporters to take part in demonstrations in Baghdad and other provinces on Friday to protest against the provincial and provincial elections law, which he said was in line with the interests of "stinking" politicians.
"I wish the people were aware of what corrupt politicians are devising from a dirty scheme to restore corruption with a new coat that will control not only the people's people, but also their necks and blood," he said in a handwritten statement.
"But the sectarian storm and the unfulfilled passion have made the people inclined to silence about what is going on in the hall of politicians, their parliament and their government, who are willing to have a commission and a law that takes into account their stinking interests, which is harmful to the interests of the people and the arrival of more of them, technocrats and the like."
BAGHDAD, Aug 3 (KUNA) - Sadr's leader Muqtada al-Sadr on Thursday urged his supporters to take part in demonstrations in Baghdad and other provinces on Friday to protest against the provincial and provincial elections law, which he said was in line with the interests of "stinking" politicians.
"I wish the people were aware of what corrupt politicians are devising from a dirty scheme to restore corruption with a new coat that will control not only the people's people, but also their necks and blood," he said in a handwritten statement.
"But the sectarian storm and the unfulfilled passion have made the people inclined to silence about what is going on in the hall of politicians, their parliament and their government, who are willing to have a commission and a law that takes into account their stinking interests, which is harmful to the interests of the people and the arrival of more of them, technocrats and the like."
He continued by saying, "and here more than at the hands of those demanding a mass demonstration tomorrow in Tahrir Square and in the provinces according to his ability and potential. Demonstration reveals people wanted not just courtesy. "
"At the same time, I warn that the demonstration will be below the required level, and will not be the bullet of mercy in the body of reform," he said.
The Iraqi Council of Representatives has started, last Tuesday, to vote on the provisions of the draft law on provincial and district elections and ended the adoption of 21 articles. Finished
"At the same time, I warn that the demonstration will be below the required level, and will not be the bullet of mercy in the body of reform," he said.
The Iraqi Council of Representatives has started, last Tuesday, to vote on the provisions of the draft law on provincial and district elections and ended the adoption of 21 articles. Finished
*************
ARTICLE 5
Jordan requires US guarantees to open the port of Trebil border
AMMAN, Aug 4 (KUNA) - Jordan has asked the United States to provide guarantees for the reopening of the border port of Trebil with Iraq on the Amman-Baghdad international road, Okaz newspaper reported.
The newspaper quoted a government source as saying that "Baghdad, for its part, submitted to the US ambassador to Iraq, Douglas Suleiman, the request to intervene and convince Oman," at a time when the Jordanian government is still refraining from reopening the road, in anticipation of possible attacks on passengers by The militants of the organization "Da'sh" who control areas in Anbar province.
The source added that the US ambassador had contacted senior Jordanian officials and told him that "they will not open the crossing as long as Washington does not confirm the safety of the road." The diplomat said in response to these statements that the US party is working on it.
AMMAN, Aug 4 (KUNA) - Jordan has asked the United States to provide guarantees for the reopening of the border port of Trebil with Iraq on the Amman-Baghdad international road, Okaz newspaper reported.
The newspaper quoted a government source as saying that "Baghdad, for its part, submitted to the US ambassador to Iraq, Douglas Suleiman, the request to intervene and convince Oman," at a time when the Jordanian government is still refraining from reopening the road, in anticipation of possible attacks on passengers by The militants of the organization "Da'sh" who control areas in Anbar province.
The source added that the US ambassador had contacted senior Jordanian officials and told him that "they will not open the crossing as long as Washington does not confirm the safety of the road." The diplomat said in response to these statements that the US party is working on it.
Suleiman personally supervised the security measures on the international road linking the two capitals, and discussed the issue of assigning the task of protecting the road to a private American security company, and toured Anbar province in order to expedite the opening of the port.
The remarks came five days after Prime Minister Haider al-Abadi announced the opening of the Baghdad-Amman road. Finished
The remarks came five days after Prime Minister Haider al-Abadi announced the opening of the Baghdad-Amman road. Finished
*************
ARTICLE 6
Resist the exposure of the organization "Dahesh" in Makhoul and shelling gathered in the desert of Nineveh
NINEWA, Iraq, August 4 (UPI) - The Iraqi Army and the military backed by the army retaliated this morning in the village of Ain al-Baydah in the mountains of Makhoul, killing four people and injuring five Others with different injuries, while the Air Force strikes accurate blows to the positions of the extremist organization. "
"The 33nd Brigade shelled a gathering of elements calling for Katyusha rockets in the village of Loibdeh, near the front lines, southwest of the Nineveh Desert," the statement said, adding that "the shelling resulted in the destruction of two wheels belonging to Daash and killing of them." H.
NINEWA, Iraq, August 4 (UPI) - The Iraqi Army and the military backed by the army retaliated this morning in the village of Ain al-Baydah in the mountains of Makhoul, killing four people and injuring five Others with different injuries, while the Air Force strikes accurate blows to the positions of the extremist organization. "
"The 33nd Brigade shelled a gathering of elements calling for Katyusha rockets in the village of Loibdeh, near the front lines, southwest of the Nineveh Desert," the statement said, adding that "the shelling resulted in the destruction of two wheels belonging to Daash and killing of them." H.
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