Monday, August 14, 2017

Word on the Street Monday 8/14/17

Word on the Street Monday 8/14/17

 

Word on the Street Monday 8/14/17:
 
 
Forex Rates
 
 
Symbol Bid Ask High Low Open Change Time
 USD/IQD   1,142.4000   1,193.3000  1,142.4000  1,136.2000  1,136.2000   6.2000  07:10
 USD/VND   22,404.0000   23,083.0000  22,404.0000  22,262.0000  22,262.0000   142.0000  07:10
 USD/CNY   6.6707   6.6712  6.6716  6.6533  6.6621   0.0086  07:10
 USD/KWD   0.3013   0.3023  0.3015  0.3008  0.3013   -0.0001  06:31
 GBP/USD   1.2972   1.2972  1.3021  1.2964  1.3007   -0.0035  07:10
 USD/IRR   12,048.0000   12,428.0000  12,048.0000  12,048.0000  12,048.0000   0.0000  17:51
 USD/IDR   13,350.0000   13,362.0000  13,356.0000  13,333.0000  13,351.0000   -1.0000  06:57
 
 
CNBC Link:  
 
CNBC Morning Squawk Link: No link yet.
 
Tish:

Geopolitical Events: Predicate To An Inexorable Global Monetary And Currency Reset - Based On Gold

link
Summary
A North Korean conflict could be precedent setting for a new global doctrine for demilitarization of “belligerent nuclear threats” (BNT).
Sanctions on North Korea probably will not work and the U.S. might ultimately occupy the same until the BNT is made safe.
China logically might occupy India presumably invoking the newly established BNT doctrine.
India has very large above ground/ mined reserves of physical gold – second perhaps only to China.
The knock-on effect of China occupying India will be to block U.S. access to gold that might help defend the USD from being deposed as the global reserve currency.
Geopolitical issues have ripened to the point where it is possible to theoretically foresee and more clearly bring into focus a specific related potential global monetary and reserve currency reset scenario. Seeking Alpha is replete with commentary articulating various macroeconomic permutations and nuances of unsound monetary policies and the damaging effects of easy-money and fiat currencies. What has been absent and frustrating is the lack of a trigger event that can be used to hypothesize and explain how years of unsound money policies might start to unwind.
Now there appears to be a real near-term factual predicate based on geopolitical risk that could reverse the destructive positive feedback loop (reflexivity) of an easy-money Fed induced and enforced planned economy (and by extension - globally). Unfortunately, a new (reverse) positive feedback loop (reflexivity) triggered by geopolitical events will not simply, harmlessly and painlessly reverse years of misguided failed Fed monetary experiments. The effect of unwinding years of injected toxic debased currency into the economy will be that the new (reverse) positive feedback loop will drastically deflate asset values and result in a very painful period of realignment of expectations.
The extant moribund volatility of financial asset markets is finally now responding to the imminent risks presented by unfolding geopolitical events. Tensions have escalated in view of North Korea's overt belligerent nuclear threats (BNT) directed specifically at the U.S. The world may have reached the tipping point regarding BNTs - and a "kicking the can down the road" approach may no longer be acceptable. If sanctions against North Korea do not work then one way or another the U.S. may be forced to act preemptively. One scenario probably includes occupation of North Korea until the BNT is made safe.

m/instructions for customer due diligence rules for financial institutions
Approved banks and all licensed remittance companies, we enclose below the link to the customer due diligence rules for financial institutions No. (1) of 2017, published in the Iraqi Fact sheet of the number (4439) of 2017/3/20, for implementation and for complying with the above.
To download the newspaper click here.
here is the link to the 24 page document that cannot be copied and pasted

 
The central Bank of Iraq is pleased to announce the establishment of its third Annual scientific conference under the auspices of Governor Ali Mohsen Ismail al-Respectable.
then it's a document I can't translate

DC NY Iraq Articles:

Governor of Kirkuk: The delegation of the province to Baghdad represents everyone, including the people of the province

Date of release:: 2017/8/13 13:501 times read
 
(Kirkuk: Euphrates News) The Governor of Kirkuk, Najmuddin Karim, that the delegation of the Kurdistan region, which will visit Baghdad for talks with Iraqi government officials on the referendum, represents all the people of Kurdistan, including the people of Kirkuk, stressing that the citizens of the province will participate in the process scheduled for the fifth The second of September.
The Kurdish media quoted Karim as saying during his visit to the Peshmerga fronts south of the province, "on behalf of all the people of Kirkuk, my thanks to the Peshmerga forces, which defend all the people of the province with their various religious and national components."
He added that "the Peshmerga does not take responsibility for the control of the gangs and the terrorist in the Hawijah and its affiliated areas. The Peshmerga expelled the elements and the Peshmerga is confident that the Peshmerga will defeat the terrorists in those areas. It also liberated Bashir and is certain that it will play a major role in liberating the other regions. In Kirkuk. "
On the liberation of Hawija, he said, "We talked about this subject a lot and called the Iraqi government to start the battle, and the Peshmerga announced its readiness for that, the Ministry of Peshmerga and fighters and the President of the Kurdistan region as long as they were ready to participate in the process, so the non-launch is not related to Peshmerga.

On the referendum on independence, the governor of Kirkuk said that "the delegation that will visit Baghdad represents all the people of Kurdistan, and Kirkuk is part of Kurdistan, and everyone who goes from this delegation to Baghdad represents us."
Karim stressed that "the people of Kirkuk welcome the referendum on 25 September 2017 and will participate in the process and strongly."
The Kurdish parties agreed on June 7 to hold the referendum on September 25 and the elections on November 6, except for opposition to change and the Kurdistan Islamic Group.
The countries of Iran, Turkey, the United States, Russia, the United Nations and Germany, as well as Baghdad, have opposed holding the Kurdistan independence referendum to threaten the unity of Iraq.
The President of the region Massoud Barzani earlier, the referendum resolution "irreversible" and "will prevent the occurrence of disasters in the region," noting "we seek to achieve this through dialogue with Baghdad and regional powers to avoid conflict."

Jubouri warns of the return of acts of intimidation and murder against Iraqis

Date of release: 2017/8/13 13:1542 times scheduled
 
(Baghdad: Al-Furat News) condemned the President of the House of Representatives Salim al-Jubouri, assassinations that affect citizens and officials and the latest assassination of Vice-President of the Municipal Council of the province of Hibh in Diyala Khalil Maamouri.
The head of the House of Representatives in a press statement received by the agency {Euphrates News} copy, Meh, on Sunday, that "these actions condemn it in toto because it aims to stir strife between the people of one people."
He called on the competent authorities to "conduct an urgent investigation into these criminal incidents to find out who is behind them and to impose the maximum penalties on the perpetrators."

He warned the Speaker of the House of Representatives to "return to acts of intimidation and killing and targeting citizens," and wished "to reject any behavior or path leading to chaos and destruction in the country."

Interior: There are no casualties in Baghdad

 
Editorial date: 2017/8/13 1:12290 times prescribed
{Baghdad: Al Furat News} A car bomb exploded shortly before the capital Baghdad.
"A car bomb exploded shortly before in Al-Baladiyat area near the Industry Club in eastern Baghdad," Interior Minister Wahhab al-Tai said in a press statement.
"The explosion did not cause any minor injuries," he said

Masoum renews Iraq's desire to develop relations of cooperation with Bahrain

President Fuad Masoum renewed Iraq's desire to develop relations of cooperation with Bahrain and other Gulf states on the basis of common interests.

This came during a meeting Sunday with Bahraini Foreign Minister Khalid bin Ahmed bin Mohammed Al Khalifa and his accompanying delegation.

"The depth of relations and brotherly ties between Iraq and Bahrain and the need to adopt constructive joint action to cement them in various political, economic, trade and tourism of all kinds," Masoum said.

The president reiterated Iraq's desire to develop relations of cooperation with the brotherly Kingdom of Bahrain and the rest of the Gulf countries and the world, based on common interests to achieve the aspirations of the peoples of the region for stability, progress and well-being.

For his part, the Foreign Minister of Bahrain congratulated the King of Bahrain and the Bahraini leadership on the occasion of liberating the city of Mosul from the clutches of terrorism, "praising the Iraqis' determination and their sacrifices to fight the calling organization on behalf of the world.

The Bahraini minister also expressed his country's keenness to strengthen bilateral relations and expand cooperation between the two countries through the joint committee, adding that "this visit will open new horizons for communication and joint action, and wish Iraq all stability, harmony and progress.

Abu Dhabi Crown Prince: We look forward to Iraqi role in Arab security

 
Release date: 2017/8/13 23:03100 times read
 
{Continue: Euphrates News} met the leader of the Sadrist movement, Mr. Moqtada al-Sadr, in his visit to the United Arab Emirates, Crown Prince of Abu Dhabi, Mohammed bin Zayed.
According to the Emirates News Agency (WAM), the two sides reviewed "fraternal relations between the two countries and a number of subjects of common interest and briefed the Crown Prince of Abu Dhabi on developments in the Iraqi arena."
"The experience has taught us to always call for what Arabs and Muslims bring us together and to reject the advocates of division and division," he said, stressing the importance of Iraq's stability and prosperity and aspiring to play its natural role in the Arab arena. "He said.
The Crown Prince of Abu Dhabi stressed that "the UAE has historically extended its hand to the brotherly Iraqi people," praising "the contribution of the Iraqi community in the blessed renaissance, which was associated with the name of the UAE."
The Crown Prince of Abu Dhabi congratulated al-Sadr once again on "the great victory over the terror of the preacher," stressing the importance of "investing this moment of national building that brings together all Iraqis."
The leader of the Sadrist movement, Moqtada al-Sadr, arrived today in the UAE at the official invitation
 
Kauaihn Iraq Articles:

Iraq and Iran sign memorandum of understanding and security cooperation on organizing the fortieth visit

Editorial Date: 2017/8/13 11:4193 times read
 
(Baghdad: Al Furat News) Interior Minister Qassim al-Araji and his Iranian counterpart Abdul Rida Rahmani signed a memorandum of understanding and security cooperation on the organization of the fortieth visit.
"Interior Minister Qassem al-Araji met during his visit to Iran with his Iranian counterpart, who welcomed the minister and the delegation of the Iraqi Interior," Interior Ministry spokesman Brigadier General Saad Maan said in a statement received by AFP.
"The two ministers also discussed the meetings and security discussions between the two countries, where the memorandum of understanding and cooperation between Iraq and Iran was signed in order to facilitate the procedures of Iranian visitors during the visit of Imam Hussein, peace be upon him. The two sides also discussed the success of the forty- And achieve high flow in it through security coordination between the two countries. "
"The meeting will discuss the possibility of signing a memorandum of understanding between the two parties in the future and this committee will consider many security issues between the fat, such as combating drugs, organized crime and borders," he said. is over

Kurdish official: Israel supports the referendum of separation and will pay a heavy price

Release date: 2017/8/13 8:49465 times read
 
"The Kurds in the region will pay a heavy price for the referendum in the absence of consent of the neighboring countries," said a Kurdish official, supporting Israel to the Kurdistan region to postpone the referendum on secession from Iraq.
"We have reached the conclusion that we can not solve our problems with the current Iraqi government, not because we do not want, but because the Iraqi government is not ready to settle outstanding problems," said Nadhim al-Dabbagh, the representative of the Kurdistan Regional Government in Iran.
"The Kurdish leadership through support and the decision of the majority in the region that September 25 will be a date for holding the referendum, but we are not scheduled to take one step after the referendum."
On international support for secession, Dabbagh said: "Israel is supporting the referendum because it is in its interest as it wants the region to be always in a state of conflict and trying to find a state that officially declared its support for secession." Problems for Iran, Turkey, Syria and Iraq. "
He stressed "the need to provide the conditions for holding the referendum because this issue now requires further scrutiny, and should have been satisfied with the neighborhood and otherwise will judge the referendum to failure."
"The first way is to negotiate with Baghdad and then with Iran and Turkey," he said, adding that "these negotiations are now under way, but the declaration of independence after the referendum will be based on some visions, that may take a week or several years."
On the price that could be forced to pay the region after the separation, the Kurdish official said: "We will seek at the outset not to pay, and this is an important issue for us, geopolitical in the absence of neighborhood to allow us to this separation will have no land or air ports Not freely, and this in itself will be a heavy price. "

The crowd foils a massive infiltration of the Syrian border and kills 20 of them

Date of release: 2017/8/13 10:35129 times scheduled
 
(Baghdad: Al Furat News) Popular forces killed on Sunday, 20 da'is and injured eight others, and destroyed four wheels belonging to them thwarted an attack on the Syrian-Iraqi border.
"The first and thirteenth brigades in the crowd repulsed an attack by three-pronged terrorists on the Syrian-Iraqi border north of Safouk Hill, ended with the killing of 20 Da'asia and wounding eight others from the attacking force," the statement said. Burning four wheels belonging to them. "
The Popular Forces were repulsed hours before the attack and elements of the terrorist group were heavily injured

Unidentified gunmen blow up the largest arms and gear stores for a man in Tal Afar

Date of release: 2017/8/13 10:03228 times read
 
(Baghdad: Al Furat News) According to intelligence sources from inside the city of Tal Afar, an explosion occurred inside the largest arms stores and equipment belonging to gangs Da'ash terrorist in the center of Tel Afar, which led to the burning completely.
The source told the news agency, "The explosion of the weapons and equipment warehouse belonging to the terrorist Da'ish was carried out by unknowns after they managed to infiltrate him and kill the guards to set fire to the inside of the store, which led to a large explosion and burned completely and caused panic and panic among the terrorists."
The sources added that "gangs of Dahesh terrorist elements have been mobilized and installed checkpoints and conducting house searches in search of the perpetrators."
It is noteworthy that the gangs of Dahesh terrorist live in a state of despair and collapse and the break-up after the liberation of the city of Mosul entirely by security forces preparing to liberate the district of Tal Afar west of Mosul.
 
 
Iran: More than 360 people are poisoned by chlorine leakage
 
 
Release date: 2017/8/13 8:56114 times scheduled
 
The leaking of chlorine gas from a warehouse near the southern Iranian city of Dezful led to respiratory problems and poisoning by 362 people in the city.
Following the incident, a state of emergency was declared in all hospitals and treatment centers in the city of Dezful to provide treatment services to the injured. Many light cases were treated and they left the hospitals, leaving only a few who are still receiving treatment. According to Iranian agencies.
Dezful is located in the north of Khuzestan province in southern Iran

URGENT Saudi Arabia: Crown Prince overthrows Al-Jubeir and appoints his brother to the Foreign Ministry

Date of release: 2017/8/13 21:162067 times read
 
(Reuters) - Crown Prince Mohammed bin Salman has relieved Foreign Minister Adel al-Jubair of his post, an informed source at the Saudi embassy told the Atlantic site.
The Crown Prince issued an order appointing his brother the current ambassador to the United States, Prince Khalid bin Salman, as Saudi foreign minister instead of al-Jubair, the source said.
Khalid bin Salman was recently appointed ambassador to his country in the United States instead of Prince Abdullah bin Faisal al-Turki.
The website added that Khalid bin Salman was not the first Saudi ambassador to be appointed Minister of Foreign Affairs, but Al-Jubeir himself before taking office, he served since 2007 to 2015 as ambassador to Saudi Arabia in Washington.
 
 
Kauaihn Economic Times:
 
ECONOMIC TIMES / CHATTER

FOR TWITTER ACCT

Just send a text message from your cell phone to:
40404 (may have to add 40404 as a contact first) Then send a message that says: Follow @FactsnOpinion1 and you will join their twitter feed and instantly get the doc. You do NOT have to join twitter to get tweets
ONLY SPACE IS AFTER FOLLOW
who are on their computers to go to:
to get to our twitter feed
 
 
GLOBAL/ NEWS/ INFO
 
 
It's the ultimate side gig. See the country and make some cashCNBC
Want to see the country and make some cash in the process? Follow these tips to learn the best ways to become a cross-country driver. Read the full story

OIL / COMMODITIES / ENERGY
Gold buoyed by tensions between North Korea tensions, US inflation data
Gold rose to two-month highs on Friday as investors sought refuge from the uncertainty of escalating security tensions between North Korea and the U.S.

Gold to remain bullish on safe haven buying
Business Standard

Gold is likely to remain bullish in the short to medium term, following safe haven buying from investors who pulled back from global equity markets to park their funds for assured returns in the yellow metal. Bullion normally sparks at times of geopolitical tension and is considered a safe bet against inflation. It rose sharply over the past week due to weakness in the dollar, following investors’ renewed buying interest after tension erupted between North Korea and the United States. Standard Read the full story


Energy hedge funds look to spreads, margins as long bets flail
Reuters

For the oil-trading community, the fall of hedge fund manager Andy Hall signaled a heavy blow, but while commodity funds continue to shutter their doors, some are finding other ways to make money, including trading refining margins and calendar spreads. Read the full story


BANKS / BANKING
Saving deposit rate cuts to lead to lower lending rates: Report
Business Today

Reduction in saving deposit rates by three large banks over the past fortnight may set the ball rolling for lower lending rates and stoke greater competition among lenders, says a report. Read the full story

Online banks give consumers more options
USA TODAY

Traditional brick-and-mortar institutions face increasing competition from online-only banks that offer checking and savings accounts with fewer fees and higher rates. Read the full story

Bank of America to offer premium rewards card (BAC)
Business Insider UK

This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Bank of America’s premium rewards credit card is expected to launch this fall, according to the Wall Street Journal. The card, which targets high-income, affluent customers, comes at a time when firms are jostling to attract new customers vis-à-vis lucrative rewards programs, as credit appetite is at an all-time high. That’s leading to a crowded space — Amex, Citi, and Read the full story


Barclays promised this mayor her branch would not close. It WILL.
Daily Mail

Details of the latest batch of closures mean that the big banks are on schedule to axe more than 500 branches this year, bringing closures since the start of 2015 to nearly 1,600. Read the full story



TREASURIES/ BONDS/ STOCKS
Brace for a correction: Here's why the rally's days may really be numbered now
Technician Scott Redler spots an ominous trend in the charts.
Read more: https://www.cnbc.com/2017/08/11/stocks-could-see-a-3-percent-downturn-if-this-trend-holds-chart-watcher-says.html

INSURANCE
These are the Best States for Healthcare -- How Does Your State Rank?
The Motley Fool

A recent study ranked each U.S. state on healthcare cost, access, and outcomes. Find out how your state compared with the best. Read the full story


Are Insurance Companies Forcing You to Switch from Generics to Brand-Name Drugs?
Multiple Sclerosis News Today

Insurance companies want people to use generics, rather than the more expensive brand-name drugs, right? Maybe not. Because, at least in some cases, they’re doing just the opposite. Some patients are being forced to use brand-name drugs even when those drugs have generic equivalents. Not surprisingly, that means that some of us with MS could wind up having to dig deeper into our pockets to pay for some therapies. The New York Times just published a long story about this relatively recent, and Read the full story

The American Greed Report: You could be committing insurance fraud. Here’s why you should care
CNBC

Insurance fraud is a massive problem in the U.S. And whether you know it or not, one of those fraudsters may be you. Read the full story


CURRENCIES
Bitcoin price breaks $4,000. Here’s why
Quartz
Bitcoin’s skyrocketing price is showing no signs of slowing. It’s currently trading for over $4,100 a coin, having broken the $4,000 mark in the early… Read the full story


Forex - Weekly outlook: August 14 - 18
Investing.com

© Reuters. Dollar slides as lacklustre U.S. inflation data dims rate hike hopes Read the full story


Yen, Swiss Franc Surpass Dollar
Asharq Al-Awsat - English

From ASHARQ AL-AWSAT English. New York- The dollar dropped against a basket of currencies after US consumer prices rose less than expected in July. … continue reading Yen, Swiss Franc Surpass Dollar Read the full story

Pound to drop below the euro - weakened by threat of Labour victory, bank predicts
Express

THE pound is to continue falling in value and drop below parity with the euro early next year, one of the world’s largest investment banks has predicted, citing the threat of a Labour victory as a major reason. Hans W Redeker, a foreign exchange strategist with Morgan Grenfell, said that the pound would be coming under “profound selling pressure over the next few quarters”. Read the full story

Philippine central bank tries to calm market, says peso not in free fall
"Let's calm down," Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla said in a statement, downplaying the peso's slump.
Read more: https://www.cnbc.com/2017/08/13/philippine-central-bank-tries-to-calm-market-says-peso-not-in-free-fall.html


USA
How American Flyers Can Earn Airline Miles With Bitcoin
Luxury Travel Diary

Bitcoin has once again hit headlines with another all-time high of $3,800 (at the time of writing). In the last week alone it went up almost 25%. Many think it will reach $5,000 before the year ends, some think a Bitcoin will be worth $100,000 in 5-10 years and many of us have been tortured... Read the full story

NAFTA talks begin; Retail earnings; Consumer confidence
CNN Money

Stock news this week: NAFTA talks, retail earnings and consumer confidence estimates revealed. Read the full story


EMERGING MARKETS

VP Pence beginning a tour of Latin America as global crises grow
Business Insider

President Donald Trump with Vice President Mike Pence and House Speaker Paul Ryan AP WASHINGTON (AP) - Vice President Mike Pence will visit Colombia amid escalating tensions with neighboring Venezuela and North Korea. Pence is set to meet with Colombian President Juan Manuel Santos on Sunday at the start of a weeklong trip to Latin America that is likely to be dominated by conversations about the deepening crisis in Venezuela, where the U.S. accuses President Nicolas Maduro of a power grab that Read the full story


MIDDLE EAST
Iran in talks to buy 48 Airbus helicopters: report
Reuters

Iran is holding talks with European planemaker Airbus to buy 48 helicopters for civilian use, an Iranian official was on Saturday quoted as saying, as Iran continues its shopping spree of Western aircraft after the lifting of sanctions. Read the full story

Kuwait expects KWD 1.4bn budget surplus from VAT returns
Mubasher

Mubasher: Returns from the value-added tax (VAT) are expected to help transform Kuwait’s budget deficit into a surplus in 2018, alongside other measures taken to increase the government’s revenues and trim spending, Alanba newspaper reported, … Read the full story


Iran trade deal eases fears of blockade on Iraqi-Kurdish territories
The New Arab

Iran trade deal eases fears of blockade on Iraqi-Kurdish territories Read the full story


Iraqi governor of oil-rich Basra flees to Iran amid growing corruption scandal
The New Arab

Iraqi governor of oil-rich Basra flees to Iran amid growing corruption scandal Read the full story

How can Saudis be better understood by America?
RiyadhVision

Saudi ambassador to the United States, Prince Khalid bin Salman bin Abdulaziz arrives on Capitol Hill, Monday, July 24, 2017, in Washington. By : Hassan AlMustafa :: An interview with Saudi ambassador to the US, Prince Khalid bin Salman published in the Washington Post newspaper last week can be considered a good entry point for the future of Saudi-US relations at an important stage for both countries. The Washington Post is one of the most influential newspapers in the United States. It is Read the full story



ASIA

A Chinese Satellite Just Sent an “Unhackable” Quantum Signal
Inverse

A group of Chinese scientists recently demonstrated the next step in a communications technology that could create a nearly unhackable network across the world. Read the full story

China’s Silk Road lends urgency to India’s Asia ambitions
Dawn

WHEN Indian Prime Minister Narendra Modi’s government approved $256 million to upgrade a section of a remote border road last month, few took notice. Yet India’s decision to revive plans for the highway, part of an ambitious 1,360-kilometer crossing to link northeastern India with markets in Thailand and beyond, marks the next phase in the jostle between New Delhi and Beijing for economic and strategic influence in the region. In the last two years alone, India has assigned more than $4.7 Read the full story

China’s Tianjin to build waste recycling plant in Egypt
Mubasher

Cairo - Mubasher: The Egyptian minister of investment and international cooperation, Sahar Nasr has discussed with a delegation from Tianjin, a Chinaese waste management company, the establishment of a new recycling factory in Sadat City in the … Read the full story


EUROPE
Could Poland bring down the EU? Conflict between Brussels and Warsaw rages on
Express

POLAND’s future in the European Union was looking increasingly uncertain today as the conflict between Warsaw and Brussels continued to escalate. But is Poland determined enough to destabilise the economic bloc? Donald Tusk and Jean-Claude Juncker have mounted a political offensive against the government of Poland, targeting its internal judicial reforms and environmental policies. Read the full story

The Euro Area Is Due for a Reboot. Here's What Is Being Proposed
Bloomberg

When France elected Emmanuel Macron in May, the prospects of mending the euro’s inherent flaws suddenly brightened. Adopted in 1999, the common European currency was intended as a political project to foster unity, but the crisis in Greece a decade later exposed the euro’s inability to enforce shared rules, principally on government debt and spending. The French president is pushing for greater fiscal integration among the 19 nations that now use the euro as a way to address at least some of Read the full story

Inflation rates UK: Price rises continue to hit families
Express

LIVING standards will stay squeezed, economists warn, as data out this week is expected to show inflation resumed its upwards march in July. Office for National Statistics figures are tipped to record that inflation, as measured by the Consumer Prices Index, rose by 0.1 percentage points to 2.7 per cent in July. Since October 2015, inflation has surged from -0.1 per cent and in May hit a five-year high of 2.9 per cent. It then surprised markets by slipping back to 2.6 per cent the following Read the full story

GLOBAL/ NEWS/ INFO
 
Blessed and Highly Favored:
 
CBI Update:
The CBI for Monday August 14, 2017 did update on the indicative rates
The currency auction is 160,301,770
There is no news and announcements for Monday August 14, 2017
ISX Update:
Monday
 
Value Traded
14,733,039,972
Shares Traded
14,811,983,018
 
ISX ended in Red
His Excellency the Governor of the Central Bank participates in the celebration of the Iraqi Islamic Bank
August 13, 2017
His Excellency the Governor of the Central Bank of Iraq, Dr. Ali Mohsen Ismail, participated in the celebration of the 25th anniversary of the Iraqi Islamic Bank for Development and Investment. He praised the activities of the Bank and its achievements since its establishment until now. He also stressed that there is no economic renaissance without active and solid banking sector.
The Governor called all banks to highlight their achievements in the media to create confidence in the hearts of citizens, especially that all the banks have a lot of work and achievements, Also he congratulated during his speech the bank on receiving the silver jubilee and wished them success and continuity in their work to serve the Iraqi banking sector.
 
Kauaihn Chatter
 
 
8-14-2017   Newshound Guru Adam Montana   It's not often I think I have a date nailed down, for ANYTHING related to Iraq, but right now I'm chomping at the bit for a tiny hint of confirmation on a couple things. One is heavily HCL related. That's as far into the "intel" that I'm going to go.  Those of you that know me well, know that I keep a very steady and even keel regarding this investment. Am I optimistic? You bet! Do I let my emotions overtake my logic? NEVER. (At least not regarding the Dinar! ) So this is really one of the very few times I have ever felt this way... the feeling is a slight bit of annoyance that something didn't happen in the timeframe I expected it to.   [post 1 of 2....stay tuned]

8-13-2017   Newshound Guru Shredd   Article:  "Iraq is entering the global financial markets with great success"    I wish I could impress upon everyone how big this news of the sovereign bonds is.  ...with a rate of nearly double of what it is today, the interest was weak but the appetite for investment now is strong.   For investors to buy these bonds, their due diligence was done. Their risk concerns are not stronger than their confidence in the returns. Furthermore, bond investors know that the better chances for a return beyond the principal they invested is in the early years of the issuance.  Finally, the big name administrators of this debt issuance is just a cherry on top. This further ensures us that Iraq has continued to economically mature.  Be encouraged y'all. I am!

8-13-2017   Newshound/Intel Guru BGG
   "Iraq sets a milestone by entering the international market with its first sale of independent bondsWhile staying away from gross generalizations, it would appear they are deep within the “process” of being re-engaged with world economies… even if they aren’t being “officially recognized” just yet.  ...they reportedly had much more interest than they had actual bonds to sell during this last offering.  Obviously – we’ll see a follow-up bond offering. However, I would suspect there could be some restraint to this particular action by the IMF, etc, until they are content with Iraq’s compliance.  None of the above is saying the IMF isn’t perfectly satisfied with their progress to date, nor am I saying any of this is directly tied to potential value change. It is merely my view of things.
 
 
8-13-2017   Newshound Guru MilitiaMan  Article:  "Cleary Advises Iraq On First Standalone Bond Since 2006"    Looks like big brother the IMF is firmly at the wheel of MR and in total control. The confidence from the bond sales is a record for Iraq! That will not go unnoticed much longer.  ...The process is on a solid foundation now and considered to be B Rated / Stable. Powerful evidence the future is very bright...   Interesting they have publicly now stated there is a tier in the game. Those with wealth and privilege just became more wealthy and privileged. That suggests now and along with the release of the imf 800+ million USDs to support the budget and the bonds supporting infrastructure and rebuild of Iraq, they have to have an international rate and it is on its way. We are next in that along Line, imo!!

8-13-2017   Intel Guru Frank26   Article:  "Political expert talks about hiding the next stage Washington seeks change in Iraq .. Tehran opposes"   Quote:   "The United States supports the change in the upcoming elections with the renewal of the mandate of the current Prime Minister Haider Abadi for a second term," Hashemi said, noting that "America believes that Abadi has achieved great successes..."   This article is...trying to say...IMO...NO ONE in the WORLD has to fear M [Maliki ?] ...Anymore.    

8-13-2017   Newshound Guru G-Lin   Articles:  "Al Araji: Investments in Iraq exceeded $ 93 billion since 2010"   "Egypt is considering establishing factories in Iraq and establishing a free zone"   "The National Investment Authority signs a contract with a Chinese company to set up 4,000 housing units in Maysan"   Don't let anyone tell you that investors are hesitant about coming into Iraq. They are flooding in currently.

8-13-2017   Newshound Guru MilitiaMan   "Iraq is entering the global financial markets with great success"   Quotes:  "this move gives a strong signal to investors to deal with Iraq with high confidence..."   "The plans implemented by Dr. Abadi three years ago were well studied, especially with regard to capital. We succeeded in maintaining the dinar exchange rate while continuing to pay salaries and dues, maintaining the war against the enemy and achieving economic victories parallel to security."   The confidence the investors have in Iraq has arrived.  An additional point to think about is the three years it has been in the making. If we recall the MOP shows that time line for the IQD as well... with two sets of books per se, one may deduce they have been doing them for a heck of a lot longer than ever thought. If true, how sweet it is!!
 
 
Elmer:
 
Not in today
 
Artmeister:
8/13/2017 12:51:00 PM Emailed, Intel, SITREP
Received via email at 8:13 AM EDT for publication. ~ Dinar Chronicles
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi-D4NgQgvcg-yoFy2V8gvC6gx20gbA3uisEVuTxgXBWQAGlfzgNSlCeMMbwK1iCV8-Bvx9WrMle2YWMqqVBum0BatQ4VnEVbjHLC3Jzj4Lb78re9wc7wndfa4TuPiSsOmUkoptIPt-_o0/s640/image1.jpeg

Very hard to impeach a sitting US President during a potential time of war?
Even harder to RV though :(

Isn't it interesting how two "potential wars" suddenly arose in both North Korea and Venezuela at exactly the same time Special Prosecutor Bob Mueller is closing his investigative noose around President Trump's closest confidants?

Hard to RV without the Republic's global flash bang... interesting strategy by the cabal to stay relevant by destroying its remaining perceived legitimacy faster.

Remember, the more chaotic American political events are in the news, the closer we are to the global financial reforms unleashing their philanthropic fury.

The Trump political madness we are all subjected to daily is the cabal's old "break the glass" strategy for starting WW3 -- someplace, anyplace and yesterday.

Also keep in mind all back-of-the-bank global banking reforms structurally have long completed and all redemption bases and off site centers are simply awaiting final release authorization instruction.

So there is no legitimate monetary drama anymore, and there is no legitimate military drama in terms of going to war, as Trump has no nuke codes because he's not Republic President per Republic & military sources.

This makes Primma Donna a paper lion at best. Digging his own grave tweet by tweet, radical comment by radical comment.

And because China long ago disabled the North Korean nuclear program in exchange for keeping the country solvent monetarily, where is this insanity coming from?

Answer: desperation. Forcing the Pentagon to launch a preemptive first strike to "protect an ally" is the cabal last, best chaotic chance to stave off the RV.

But Dunford ain't having any of it--and why today he is physically "inside the hot zone," to reassure the world there is no legitimate threat posed by the US military (by the guy who does have the nuke launch codes) against the Korean Peninsula.
https://www.bloomberg.com/news/articles/2017-08-13/top-u-s-general-jets-into-asia-as-north-korea-tensions-run-high

Meaning, the remaining cabal minions are now taking their last collective breath before death, including those die hard agents who create needless violence by in-sighting fake "white supremacist hate" in Virginia yesterday.

Absolutely anything to gin up enough chaos to stop the RV. Can you imagine a world without such man-made generated hell on earth?

The cabal sure can, and why they are throwing the kitchen sink at the good guys here at the bitter end.

So stay strong way-seers. The light at the end of the GCR/RV tunnel is both blinding and growing every hour and straight into our tired but resilient third eye.

God is with us
BLUEWOLF POST ADDED
8/13/2017 02:50:00 PM Bluwolf, Intel, Update
I declare that there will not be any nuclear interventions with North Korea. I declare that there will not be a military invasion of Venezuela. I declare that there won't be any civil urban war within the confines of the U.S. i declare that the 1% is now powerless and non existent. I declare that this blessing is now being executed in full in God's timing. I declare that all those malignant government officials will all be leaving office as we speak. I declare that all who have stolen or created an injustice towards the American people will all fall to our justice for no one is above the law. I decare that all things said will fall into place declared 100 % accomplished by the Almighty power of God JEHOVÁ and with that I conclude and say to all Amen, Amen, Amen

Na'maste Bluwolf
 
Not in today
 
Catnip:
 
ARTICLE 1 (from PM Abadi's website; posted on both Arabic and English sides)

Prime Minister Dr. Haidar Al-Abadi receives the Minister of Foreign Affairs of Bahrain

Prime Minister Dr. Haider Al-Abbadi received in his office Sunday Bahraini Foreign Minister Sheikh Khalid bin Ahmed Al-Khalifa and his accompanying delegation.
During the meeting, they discussed enhancing bilateral relations in various fields, the situation in the region and combating terrorism.
On behalf of the government and the people of Bahrain, the Bahraini Foreign Minister congratulated Dr. Abadi on the liberation of Mosul and the victories achieved by the terrorist gangs and the stand of Bahrain with Iraq in its war against terrorism, stressing the desire to expand political, economic, trade and cultural relations between the two countries.
Dr. Abbadi said that Iraq has achieved victories over the terrorist gangs and continued to liberate its territory, noting the importance of regional integration and enhancing the interests of the peoples of the region.
He called on Dr. Abadi to stand up to the sectarian polarization that serves terrorism, pointing to the importance of concerted efforts of all countries in the region and the world to deal with the terrorism of the urging.

Prime Minister 's Media Office
13 August 2017

*************
ARTICLE 2

Masoum and Al Khalifa are discussing the development of political, economic and commercial relations between the two countries

BAGHDAD, Aug 13 (KUNA) - The President of the Republic, Fuad Masum, received on Sunday at the Peace Palace the Foreign Minister of the Kingdom of Bahrain Sheikh Khalid bin Ahmed bin Mohammed Al Khalifa and the accompanying delegation, Issa bin Salman al-Khalifa to the Iraqi leadership and people, as part of a series of visits by Arab officials to Iraq.
The Information Office of the Presidency of the Republic that "Masoum stressed at the outset of the meeting the depth of relations and brotherly ties between Iraq and Bahrain and the need to adopt constructive joint action to strengthen them in various political, economic, trade and tourism of all kinds," reiterating "Iraq's desire to develop relations of cooperation with the Kingdom of Bahrain sister and the rest The Gulf States and the world based on common interests to achieve the aspirations of the peoples of the region to stability, progress and well-being. "
For his part, the Bahraini foreign minister said, "The congratulations of the King of Bahrain and the Bahraini leadership on the occasion of the liberation of the city of Mosul from the clutches of terrorism." He said that his country seeks to strengthen bilateral relations and expand cooperation between the two countries through the joint committee. New horizons for communication and joint action, wishing Iraq all stability, harmony and progress. " AH

*************
ARTICLE 3

The president of the Arab parliament arrives in Baghdad and al-Jabouri receives him at the airport
2017/8/14 11:08 • 13 times read
[Ayna-Baghdad]
The head of the Arab parliament, Meshaal bin Fahm al-Salami, arrived in Baghdad on Monday morning. "The Speaker of the House of Representatives Salim al-Jubouri received the peaceful at the Baghdad International Airport in the framework of the visit by the Arab delegation to Iraq."

*************
ARTICLE 4

Sadr in Abu Dhabi at an official invitation and a private UAE plane to take him back and forth

BAGHDAD, Aug 13 (KUNA) - The leader of the Sadrist movement, Moqtada al-Sadr, arrived in the United Arab Emirates on Sunday on a private plane.
Sadr's press office said in a brief statement that Muqtada al-Sadr "is heading to the United Arab Emirates on Sunday at a formal invitation and to send a private plane to carry his eminence back and forth."
The statement did not indicate the duration of the visit or topics that Sadr will discuss with UAE officials.
The leader of the Iraqi Sadrist movement, Moqtada al-Sadr, paid a visit to Saudi Arabia last month, where he met Saudi Crown Prince Prince Mohammed bin Salman, the first of its kind between them.
Al-Sadr described Riyadh as a "father" in an interview, saying that Saudi Arabia had proved its strength and was working to bring peace to the region.
Al-Sadr said last Friday that he had met in Saudi Arabia last month with Saudi Crown Prince Prince Mohammed bin Salman, stressing that they discussed several issues in the region, including Yemen, Bahrain, Syria, Jerusalem, Iran-Saudi relations and Baghdad's relations with Riyadh.
He pointed out that all the differences that prevail in the region can be solved gradually even if it takes time, noting that this includes the status quo between the four countries namely Saudi Arabia, Egypt, Bahrain and the UAE, on the one hand, and Qatar on the one hand, considering that the latter is sensitive to waiver, She will return to her Arab embrace gradually. Finished

*************
ARTICLE 5

Interior Minister: We are not mediators to normalize relations between Saudi Arabia and Iran
2017/8/13 23:28
[Ayna-Baghdad]
Interior Minister Qassim al-Araji confirmed Saudi Arabia's desire to normalize relations with Iran.
"We have found a Saudi desire to normalize relations with Iran and we have not been mediators," Araji said in a brief statement to his office.
Some media quoted interior minister Qassem al-Araji, who is visiting Iran on Sunday, as saying that Saudi Arabia had asked Prime Minister Haidar al-Abadi to intervene to mediate between Riyadh and Tehran.
Araji added that "the calm and stability and the return of relations between Iran and Saudi Arabia, has positive repercussions on the region as a whole."

*************
ARTICLE 6

Contracting with an Italian company to complete the Zora train route
2017/8/14 10:25
[Ayna-Baghdad]
Baghdad Municipality confirmed that the new Zora train was implemented according to the designs of a specialized foreign company.
"Al-Zawra City Company has contracted with the Euroconsult PLC to prepare studies and designs for the completion of the train track and the Italian company FAAC, which specializes in protection systems and electronic beams for the implementation of the route," the statement said.
He added that "the train includes a cooling system suited to the warm atmosphere of Iraq to provide comfort for Baghdad families as well as advanced technologies to open and close doors and ride people with special needs and audio devices and music and surveillance cameras."
"The company replaced the shaded glass of the train cars to allow people inside the train to see clearly and enjoy the views of the Zora Park," the statement said.
It is noteworthy that the city of games Zora announced on June 23 last year to launch the "latest train in the Middle East," equipped by a German company specialized equipped with a sophisticated air conditioning system suited to Iraqi airspace.
"This train, which is a miniature model of the trains of the famous German transport company [deutsche bahn] is an important step towards the development of the tourism sector and benefit from the expertise of international companies and employ them to serve the families of Baghdad, as is the case in the world parks [Disneyland] .

*************
ARTICLE 7

URGENT Arrest of senior military official for Daish and 10 terrorists in Nineveh
2017/8/14 10:34
[Ayna-Baghdad]
A security force arrested a senior military official in gangs and called on terrorists to boycott Nineveh operations.
"The Directorate of Military Intelligence, in the process of Prostitution and Quality, arrested the military official of the left wing of the so-called Nineveh province and 10 of the terrorists who are linked detachments," a defense ministry statement said.
"The terrorists have weapons and explosives they were aiming at targeting innocent citizens and the security services," he said.

***************
ARTICLE 8-A

URGENT Military forces arrive in the outskirts of Tal Afar in preparation for their liberation
2017/8/14 12:08

Just headline....no article.

****************
ARTICLE 8-B

Video .. The arrival of military forces to the outskirts of Tal Afar [expanded]
2017/8/14 12:42 • 8 times read
[Ayna-Baghdad]
A military force arrived at the outskirts of Tel Afar district in western Mosul in preparation for a battle to liberate the gangs of the terrorist.
"The units of the armored vehicle division and the elite forces are moving towards Tal Afar and are stationed in their combat positions in preparation for the next liberation battle," Federal Police Chief Major Raed Jawdat said in a statement.
Prime Minister Haider al-Abadi announced last week to set the zero hour and the date of liberation Tal Afar and participate in the popular and tribal crowd.
A spokesman for the international coalition said the battle would not be easy but it will not be more difficult than the city of Mosul, which was liberated on the tenth of last July in full.
A US military base near Tal Afar was reported but Iraqi operations denied that. And the Tal Afar front, about 60 kilometers long and about 40 kilometers wide. It consists of the judicial center and the towns of Ayadiyah and Al-Halabiya, as well as 47 villages.
Iraqi aviation and the US-led international coalition are launching air strikes inside and around Tal Afar, paving the way for the newly announced security forces to end preparations for military action.

*************
ARTICLE 9

The arrest of drug dealers in Dhi Qar and Basra and the phenomenon is worsening

Dhi Qar, August 13 - The Dhi Qar police headquarters said Sunday that "in accordance with judicial decisions issued against wanted persons, the Qalqat Sukkar Anti-Narcotics Office of the Dhi Qar Police Department arrested two suspects, On the basis of article 14 of the Anti-Narcotics Act.
In the framework of the campaign carried out by the Basra Provincial Police Department for the rescue of drug traffickers and drug abusers, the anti-narcotics division in Basra arrested two suspects in Al Hussein district and seized a quantity of narcotic substances and drugs. They were referred to the judiciary to receive their fair punishment .
While the captors of the control of the Martyr General Hassan Karim Khudair al-Gharawi (Jawaber) arrested two suspects and seized possession of narcotic substances and drugs and were referred and seized to the competent authorities to complete the legal proceedings, noting that "the transfer of accused to the competent authorities for the purpose of completing legal procedures Right ".
Iraq was, until recently, the world's cleanest country in terms of drug abuse, addiction or trafficking, according to UN reports. After the US invasion of Iraq in 2003, things turned upside down. Iraq became a conduit for drugs coming from producing countries, There are certain reports of the cultivation of drugs, their abuse, trafficking and spread among young people, and the situation is not very different with the abuse of alcohol, which in turn consulted in an unprecedented manner in recent times. AH

 

No comments:

Post a Comment