Saturday, August 19, 2017

Word on the Street Saturday 8/19/17

Word on the Street Saturday 8/19/17





China Soon to Become Germany’s Economic Rival

T he Chinese government has adopted a 'Made in China 2025' economic development strategy which is emerging as a huge risk to Germany's economic base, says economist Christian Rusche from the IW think tank in Cologne.
With this program, China's economic development strategy for the manufacturing sector, the Chinese government has initiated something that could prove very dangerous for Germany's economy, Rusche said in an interview with DW.
Launched in mid-2015, Made in China 2025 is a Chinese government program for generating major and sustained investment in various future-oriented sectors, and especially in automated industrial manufacturing processes, often referred to as Industry 4.0 technologies. This includes developing expertise at developing and building production machinery. This means China is taking aim directly at sectors which are core strengths of the German economy.
The Chinese want to go up the manufacturing value chain, and massively accelerate the modernization of Chinese industry. Industry 3.0 is automated manufacturing, so for example, robots in car factories can assemble cars automatically once the steps for doing so have been programmed into them.
Industry 4.0 is a set of technologies for creating 'smart factories' in which the parts that need to be assembled and the assembly robots can independently communicate with each other, allowing things like automated just-in-time on-demand customized manufacturing and integrated, responsive, real-time automated supply chain management.
The Chinese government has a draft regulation requiring that no less than 8% of cars sold in 2018 must be electric or plug-in hybrid vehicles, and 12% by 2020. This mean China presents a global market threat to German car-makers, Rusche said.
Electromobility is not in itself central to the Made in China 2025 strategy, but Industry 4.0 technologies are highly relevant to car factories of the future, and the Chinese quota for EVs will force rapid development of the country's EV production capacity. German car-makers should bear this in mind as they consider their e-mobility investment strategies.
Overcapacity in Production
The top-down authoritarian structure of economic policy in China, and the massive use of subsidies for key industries, means that China is likely to develop a major overcapacity in production of industrial robots. This will tend to result in building too many factories, and that in turn means price-dumping on global markets will likely result. This may well affect global electric vehicle markets, among others.
It seems like China is taking aim squarely at the most important industrial sectors underpinning Germany's economic success. Germany has already lost its photovoltaic panel manufacturing sector to cheap Chinese mass produced panels. The question is, will car-making and machinery-building sectors go the same way?
That is indeed a serious risk. But it's not that the Chinese have decided they want to eliminate Germany as a competitor. It's more a matter of empowering China.
One Step Ahead
"We can't stop China doing what it's going to do. Among the things the German government or western governments in general could do in response would be impose punitive tariffs against dumping, but this always involves a risk of retaliation. Closing off European markets to Chinese goods is unlikely to work well, because sheltering European companies from Chinese price pressure would only improve the latter's price advantages on global markets in the medium term."
The main strategy German industry has applied so far, vis-a-vis Chinese competition, is to stay a step ahead in terms of technology and quality. It should continue to try to do that, but it may get more difficult in the future.
Another comparative advantage Germany could try to maintain is superior infrastructure. The German government should invest heavily in updating and improving Germany's infrastructure, to make made-in-Germany production lines more attractive.
A third strategic element is for German makers of machines and production systems to offer premium-quality comprehensive packages comprising not only automated machines, but also remote operation and servicing of those machines.
"In general, it will be difficult for Germany to compete with sectors in which China invests heavily. China has much lower labor costs and a much bigger workforce, and it has the ability to flood money into a sector using direct or indirect government subsidies until it dominates the sector, like it did with photovoltaic panel production," Rusche said.

 







LINK

A Kuwaiti newspaper revealed a non-cash payment mechanism for Iraq’s compensation to Kuwait


7
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A Kuwaiti newspaper reported on Saturday a non-monetary payment mechanism for Kuwait’s compensation to Iraq, while confirming that there was no intention to waive part of the $ 4.6 billion in receivables.
The newspaper “Al-Jarida” quoted informed sources that “the joint committees between the two countries tend to fold the file of compensation final agreement to invest in vital projects in Iraq, with the import of Kuwait oil and gas, which contributes to strengthen relations of neighbors.”
The newspaper pointed out that “there is no Kuwaiti intention to waive part of those receivables of 4.6 billion dollars.”
On April 25, 2017, the State of Kuwait confirmed its readiness to examine future options to ensure that Iraq continues to pay US $ 4.6 billion in compensation for war losses between the two countries in 1990.

Rafidain Bank releases the salaries of some employees of state ministries
 
link
sukuk has been translated into instruments
شفق نيوز/ اعلن مصرف الرافدين يوم السبت عن إطلاق رواتب بعض وزارات الدولة عن طريق احدى أدوات الدفع الالكتروني. The Rafidain Bank on Saturday announced the release of salaries of some ministries of the state through one of the electronic payment tools.
وقال المكتب الإعلامي للمصرف في بيان، ورد لشفق نيوز، ان المصرف قام بتوزيع رواتب شبكة كهرباء كركوك و كلية الامام الأعظم وشركة مصافي الوسط والدار الجامعية للطباعة والنشر، مشيرا الى ان الصرف جاء بعد وصول الصكوك الخاصة بهم من دوائرهم الى المصرف. The bank's information office said in a statement that the bank had distributed the salaries of the electricity network of Kirkuk, the College of Imam al-Adham, the Central Refineries Company and the University House for Printing and Publishing, pointing out that the exchange came after the arrival of their sukuks from their departments to the bank.

Vietnam's oil imports soared to record highs
 This was in Iraqi News I find it interesting Iraq is reporting on Vietnam's oil hahaha

link
Economy News _ Baghdad
Vietnam's crude oil imports rose to record highs in August as the country's fuel refining increased as domestic oil production declined.
August will be the first ever month for Vietnam to become a net importer of crude oil, according to Thomson Reuters Aikon cargo data, as this trend continues in the coming months as the refining capacity of the Southeast Asian country increases.
The increase in demand for oil imports comes at a time when the 200,000 barrels per day (bpd) refinery in Nakhi Son, the country's second oil refinery, is preparing to produce liquefied petroleum gas (LPG), gasoline, diesel, kerosene and jet fuel for domestic consumption. It is likely to start work this year or early 2018.
With stagnant domestic oil production, traders say Vietnam, with a population of more than 90 million and growing 6 percent annually, will gradually increase its import of crude oil.
The Thomson Reuters Aikon data show that Vietnam will import around 100,000 barrels per day of crude in August on three tankers compared to exports of 70,000 bpd. Imports of tankers in September are expected to reach similar levels.
Vietnam's orders remain limited compared with Asia's two largest buyers, China and India, which import about 8 million and 4 million bpd respectively


Word on the Street Saturday 8/19/17:
Forex Rates
Symbol Bid Ask High Low Open Change Time
 USD/IQD   1,140.3000   1,191.3000  1,140.3000  1,140.3000  1,140.3000   0.0000  17:36
 USD/VND   22,366.0000   23,046.0000  22,366.0000  22,366.0000  22,366.0000   0.0000  17:36
 USD/CNY   6.6662   6.6689  6.6662  6.6662  6.6662   0.0000  17:36
 USD/KWD   0.3014   0.3024  0.3014  0.3014  0.3014   0.0000  17:36
 GBP/USD   1.2872   1.2878  1.2872  1.2872  1.2872   0.0000  17:00
 USD/IRR   12,048.0000   12,428.0000  12,048.0000  12,048.0000  12,048.0000   0.0000  17:51
 USD/IDR   13,358.0000   13,363.0000  13,358.0000  13,358.0000  13,358.0000   0.0000  16:45
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DC NY Iraq Articles:

Mutlaq: Members of the Council of Anbar corrupt and platforms demonstrations supported by the States {expanded}

Release Date: 2017/8/18 0:5093 times read
(Baghdad: al-Furat News) accused the head of the National Dialogue Front, Saleh al-Mutlaq members of the Anbar provincial council to "corruption."
Al-Mutlaq said in a program (boldly) offered by Al-Furat satellite channel on Thursday evening, that "the member of the Anbar Council can buy his voice by {250} thousand dollars in any resolution or interrogation, and can change it to those who pay more, how we will build a province with these corrupt politicians, Calling for "the dissolution of the provincial council and the expulsion of the governor and bring qualified people chosen by the state," noting that "the options of the state is better than the choices of politicians."
The former leader of the Iraqi List accused the Sunni Islamist parties of dismantling the list, saying: "I was the founder of a national project, but the visions became different and the color of political Islam became inside and I mean the Sunni Islamic parties, and we wanted to move away from this subject, but the different interpretations came to include them in our list. Not true for these parties. "
He added that "political alliances are possible and get off the various projects after the elections are possible, but there is a national approach and there is a project at the level component, and we do not have the willingness to limit ourselves in another component and we need a comprehensive project of components and has solutions to all components, Very distressing in Iraq. "
"I confessed my mistake. When the demonstrations took place in the country before the entry of supporters and turned into platforms, I supported them because it was a spontaneous movement of the demonstrators, and 98% of them did not have a political agenda, but rather problems," Mutlaq said. They wanted solutions, but they were taken advantage of by a simple turn and started to cheer on the platforms and began to divert the public to another direction. "
He added that "the platforms were supported by regional countries, and I feel that the supporters of this trend do not hold good intentions for the country decided to go to demonstrations for reform has advised me not to go to many of them, including former Prime Minister Nuri al-Maliki, who told me literally that I went will not remain partners in the process Political. "
Al-Mutlaq pointed out that "going to the demonstrations is worth the risk and then I got there and they received me well until I reached the platform and the plot was against me personally there. The sound was cut off in the microphone and they began cutting the ropes of the tent on the platform. Because of political blocs that wanted to end my life and keep the platforms, "he said.
"It is unfair to enter the elections and our people are displaced and they are in the camps. There must be no elections until the last displaced person returns to his home. If elections take place in this environment, we will read about the country, peace, because it will come," al-Mutlaq said. A political class far from the people. "
On the return of Iraq's relations with neighboring countries, al-Mutlaq said, "Awakening from the Arab countries that turned its back on Iraq was a political mistake and its new direction is a positive step and it is not in our interest to be at odds with the Arab environment and neighboring countries like Iran." The Arabs felt that if they were left About Iraq, the chaos will move them and already have a number of countries internal chaos, and began to pay billions of dollars to the US president to get rid of that mess.
On the truth of his disagreement with the head of the solution bloc, Jamal al-Karbouli, al-Mutlaq explained that "the issue is not new and Khalafi with the Karbouli has reached a lawsuit and defamation, and I did not want to engage in political machinations and I heard that they will complain about Mutlaq because of the theft of the displaced people's money. I waited for the complaint but did not submit it. In court, and there is no case against me for the theft of displaced persons' money. "
On his failure to disclose the financial liability of the Integrity Commission, Al-Mutlaq said: "I will not disclose my financial liabilities as a clean record and I have not registered in my file any lawsuit in the Federal Court or any other," noting that "the judiciary confirmed that I am not obliged to provide as long as fair," as he put it .
"There are 270 deputies who have not submitted their financial claims yet. I challenge anyone who proves that there is one file in which there is near corruption," he said.
"We informed the Kurds that we are not with the referendum, and the secession at a time when we are fighting is encouraging, it is unacceptable to agree, and we expressed dissatisfaction with the referendum on the disputed areas, and they would be wrong if they went to The referendum is very difficult at the moment and will anger neighboring countries, including Turkey and Iran, and as a result we do not want to hurt the Kurdish people.

Foreign Minister warns of the repercussions of the referendum and affected the region


Release Date: 2017/8/18 11:5057 times scheduled
(Baghdad: al-Furat News) Iraqi Foreign Minister Ibrahim al-Jaafari, warned of the repercussions of the referendum of the Kurdistan region independence from Iraq.
A statement issued by his office said today that Jaafari received yesterday the head of the delegation of the Kurdistan region headed by Rose Nuri Shaways, and discussed the security situation, and political in Iraq, and discussed the issue of the referendum, which is planned by the Kurdistan region in mid-September.
Al-Jaafari said in a press statement made by the two sides to the media after the meeting that: We focused on the need to adopt the mechanism of dialogue to discuss all the issues raised, returned: nothing is impossible to dialogue; to overcome all the obstacles that would preserve the unity of Iraq, and the unity of his speech, "We have made good strides in understanding, and we may need to continue further in later sessions."
"We cherish all pride in the Iraqi people, Arabs, Kurds and Turkmen, Muslims and non-Muslims, Yazidis and Sabians, Sunnis and Shiites, and we do not differentiate between citizens and non-Muslims," ​​he said.
"Iraq has emerged in a chapter of the confrontation against the forces of evil that many countries of the world have failed to do, which is an urgent confrontation," Jaafari said.
"The Iraqi armed forces, which constitute the real content on the ground, included the Arabs, the Kurds, the Turkmen, and the various forces of the Iraqi armed forces from defense, interior, Peshmerga, the popular crowd and all the counterterrorism forces," he said. Supported, and thus achieved the unity of the military row, and then consolidated the vocabulary of political discourse, all of them went to give priority to the construction of Iraq, and responded to the international response quickly, and clear when the Iraqis themselves met on the These two levels: the level of the armed forces, and the level of political discourse. "
In response to a question about reaching understandings between the Kurdish delegation and the National Alliance, al-Jaafari stressed that the dialogue will contribute to pushing these files important steps on the road to a solution, and I think that the goodwill of the Muslim Brotherhood and the spirit of openness in dialogue will reach the results Good ".
Al-Jaafari warned that the referendum may have repercussions that harm the interests of the region: the referendum is not only an Iraqi reflection, it has repercussions on the countries of the region, and implications for the regional situation, and international; Is to move the components of their people against them, and it is no secret that the Kurdish community is wider than the Iraqi circle, they are in Turkey, Syria, Iran, Russia, in addition to Iraq.
For his part, said Shaways: We stressed the need to continue the dialogue unconditional to put all existing issues and serious work to be productive, and that is good for all, "explaining that" the right of self-determination for the people of Kurdistan is a legitimate right, and the international content of all peoples of the world, The trend towards all democratic methods within international law, and under objective conditions and public interests.

Sadr movement: do not stand with the separation of the region and the Kurds want equality


Release date: 2017/8/18 8:22132 times scheduled
(Baghdad: Al-Furat News) The deputy head of the political body of the Sadrist movement Nassar al-Rubaie said that the Sadr movement does not stand with the separation of any part of the components of the Iraqi people.
Al-Rubaie said during a press conference held at the headquarters of the body after the meeting with the political delegation of the Kurdistan region yesterday evening that the political body of the Sadrist movement believes deeply that the differences and incompatibility in the previous phase is not an amount but are the problems can be resolved through dialogue, "noting that" Differences between the federal government and the territorial government can be terminated by understanding with national forces. "
"We do not stand with the independence of Kurdistan from Iraq," he said. "We have lived for many centuries, Arabs and Kurds, brothers and we have a common history," pointing out that "Kurdish brothers want equality among citizens."
He explained that "the Sadrist movement wants a unified Iraq strong with its Kurds and Kurds, which does not stand with the separation of any part of the components of the people, and believes that understanding and dialogue between the federal government and the region is the way to resolve all problems," adding that "we want a stable country that accommodates everyone."
He called on the deputy head of the political body of the Sadrist movement to "resolve all differences according to the framework of constitutional legitimacy, but" we are strong in our presence together and that the separation of Kurdistan does not serve any of the parties. "
For his part, said a member of the Political Bureau of the Patriotic Union of Kurdistan, Saad Bireh that "the question of the referendum to decide the fate of the Kurdistan region was not an easy issue, after the adoption of the resolution we came to Baghdad for dialogue," noting that "the dialogue of the delegation of the political Kurdish with the Sadrist movement was frank and clear and constructive dialogue "He said.
A member of the Political Bureau that "the Sadrists prefer dialogue and reach a solution, and we respect his opinion," noting that "the delegation will convey the views of the brothers in the Sadrist movement to the presidency of the Kurdistan region, and the final decision by the political leadership of the region and the Supreme Committee for the referendum."

Mutlaq: Members of the Council of Anbar corrupt and platforms demonstrations supported by the States {expanded}

Release date: 2017/8/18 0:50474 times read
(Baghdad: al-Furat News) accused the head of the National Dialogue Front, Saleh al-Mutlaq members of the Anbar provincial council to "corruption."
Al-Mutlaq said in a program (boldly) offered by Al-Furat satellite channel on Thursday evening, that "the member of the Anbar Council can buy his voice by {250} thousand dollars in any resolution or interrogation, and can change it to those who pay more, how we will build a province with these corrupt politicians, Calling for "the dissolution of the provincial council and the expulsion of the governor and bring qualified people chosen by the state," noting that "the options of the state is better than the choices of politicians."
The former leader of the Iraqi List accused the Sunni Islamist parties of dismantling the list, saying: "I was the founder of a national project, but the visions became different and the color of political Islam became inside and I mean the Sunni Islamic parties, and we wanted to move away from this subject, but the different interpretations came to include them in our list. Not true for these parties. "
He added that "political alliances are possible and get off the various projects after the elections are possible, but there is a national approach and there is a project at the level component, and we do not have the willingness to limit ourselves in another component and we need a comprehensive project of components and has solutions to all components, Very distressing in Iraq. "
"I confessed my mistake. When the demonstrations took place in the country before the entry of supporters and turned into platforms, I supported them because it was a spontaneous movement of the demonstrators, and 98% of them did not have a political agenda, but rather problems," Mutlaq said. They wanted solutions, but they were taken advantage of by a simple turn and started to cheer on the platforms and began to divert the public to another direction. "
He added that "the platforms were supported by regional countries, and I feel that the supporters of this trend do not hold good intentions for the country decided to go to demonstrations for reform has advised me not to go to many of them, including former Prime Minister Nuri al-Maliki, who told me literally that I went will not remain partners in the process Political. "
Al-Mutlaq pointed out that "going to the demonstrations is worth the risk and then I got there and they received me well until I reached the platform and the plot was against me personally there. The sound was cut off in the microphone and they began cutting the ropes of the tent on the platform. Because of political blocs that wanted to end my life and keep the platforms, "he said.
"It is unfair to enter the elections and our people are displaced and they are in the camps. There must be no elections until the last displaced person returns to his home. If elections take place in this environment, we will read about the country, peace, because it will come," al-Mutlaq said. A political class far from the people. "
On the return of Iraq's relations with neighboring countries, al-Mutlaq said, "Awakening from the Arab countries that turned its back on Iraq was a political mistake and its new direction is a positive step and it is not in our interest to be at odds with the Arab environment and neighboring countries like Iran." The Arabs felt that if they were left About Iraq, the chaos will move them and already have a number of countries internal chaos, and began to pay billions of dollars to the US president to get rid of that mess.
On the truth of his disagreement with the head of the solution bloc, Jamal al-Karbouli, al-Mutlaq explained that "the issue is not new and Khalafi with the Karbouli has reached a lawsuit and defamation, and I did not want to engage in political machinations and I heard that they will complain about Mutlaq because of the theft of the displaced people's money. I waited for the complaint but did not submit it. In court, and there is no case against me for the theft of displaced persons' money. "
On his failure to disclose the financial liability of the Integrity Commission, Al-Mutlaq said: "I will not disclose my financial liabilities as a clean record and I have not registered in my file any lawsuit in the Federal Court or any other," noting that "the judiciary confirmed that I am not obliged to provide as long as fair," as he put it .
"There are 270 deputies who have not submitted their financial claims yet. I challenge anyone who proves that there is one file in which there is near corruption," he said.
"We informed the Kurds that we are not with the referendum, and the secession at a time when we are fighting is encouraging, it is unacceptable to agree, and we expressed dissatisfaction with the referendum on the disputed areas, and they would be wrong if they went to The referendum is very difficult at the moment and will anger neighboring countries, including Turkey and Iran, and as a result we do not want to hurt the Kurdish people.

President of the Kurdistan Region receives the leader of the Islamic Movement in Kurdistan


Barzani during his meeting with the General Guide of the Islamic Movement of Kurdistan Sheikh Irfan Abdulaziz, the position of the movement supporting the referendum.
The two sides discussed the internal situation and political developments at the regional and international levels and the role of Kurdish parties in supporting the referendum process as a historic and national decision.
Barzani stressed that independence is the only solution to ensure that the tragedies and disasters experienced by the people of Kurdistan in the past stages are not repeated, pledging to make the Kurdistan region always a strong factor to protect stability in the region.
Kauaihn Iraq Articles:

Japanese Development of Khor Al Zubair Port

Editorial Date: 2017/8/18 11:2559 times read
(Baghdad: Euphrates News) The Committee for Study and Analysis in Iraqi ports, on Friday, its report to the Japanese Agency for International Cooperation {JICA} within the projects of the Japanese loan for the second phase of rehabilitation and reconstruction of the port of Khor al-Zubayr south of Basra.
"The report prepared by the committee came to obtain the official approvals for the construction of a project to welcome the trucks with its annexes in the port of Khor al-Zubayr," a statement issued by the Ministry of Transport told AFP.
He pointed out that "the project will be referred to a company after the approval by the Agency," adding that "it is hoped to direct the project in the next phase within the projects of the Japanese loan authority of the General Company for Iraqi ports.

Proactive process of the popular crowd in Chinese


Release Date: 2017/8/18 9:2390 times scheduled
(Baghdad: al-Furat News) The Popular Forces forces carried out on Friday morning a pre-emptive operation based on intelligence near the Chinese side northwest of Salahaddin province.
"The 12th Brigade forces in the popular crowd carried out a pre-emptive operation this morning based on intelligence information that suggests that Fatah is opening a loophole in this area," a statement issued by Al-Furat News said.
He added that "the operation included the perimeter of the warehouses of the fact between the area of ​​China and the 600, and ended after seven hours to inspect all the apartments and buildings."
"

Mr. Ammar Al-Hakim: The world's time competition for the fight is urging after the Barcelona attack

Release date: 2017/8/18 10:1950 times read
(Baghdad: al-Furat News) The head of the Iraqi National Alliance, Mr. Ammar al-Hakim, called on the international community to "fight time" to fight gangs and called the terrorist after the attack of the city of Barcelona in eastern Spain yesterday.
"We have followed with concern and concern the terrorist incident in the city of Barcelona, ​​which resulted in the deaths of a number of innocent people, and while we strongly condemn this terrorist act, we call on the international community to shoulder its responsibilities in the To combat terrorism intellectually and limit its movement by addressing terrorist networks wherever they are, as well as drying up its financial resources. "
He pointed out that "terrorism began to take difficult methods of control, including the method of running innocent people, so the international community must race against time to address it, and push for solutions that would lose terrorism and its supporters and the troubled environment on which it feeds.
Mr. Ammar al-Hakim expressed his condolences to the Spanish government and people and hoped for a world free from terrorism and destructive ideas.
At least 13 people were killed and more than 100 were injured after a Van ran over a crowd of people on Barcelona's famous Las Ramblas on Thursday afternoon. The truck driver fled the scene and has not been arrested so far.
Spanish police said on Friday they had killed five people in the town of Cambrils to thwart a second truck bombing attempt after the earlier attack in Barcelona, ​​"noting that" the attackers were wearing explosive belts. "
The terrorist called for attacks.

Iraq to compete with Britain, Lithuania and Bangladesh for the post of vice president of the World Meteorological Organization

2017-08-18 at 12:18 (Baghdad time)
Baghdad Mawazine News
Minister of Transport Kazem Vajan Al-Yamami announced the entry of Iraq into the position of Vice-President of the World Meteorological Organization.
"The ministry has received an e-mail announcing the entry of Iraq's permanent representative to the World Meteorological Organization and the director general of the General Authority for Aeronautical Meteorology and Seismic Monitoring," said Hamami in a statement read by Mawazine News. June of 2017 ".
"Iraq will enter into competition with the UK, Lithuania and Bangladesh for the first time in its history since the founding of the World Organization nearly 70 years ago and in accordance with the provisions of Article (82) of the General Regulations, which stipulates voting in all elections by secret ballot," he said.
"This comes within the Ministry's efforts to return Iraq to the international incubator and lift the embargo on Iraq's funds in the World Meteorological Organization.

Iraq expresses its solidarity with the Spanish government and commends the families of the victims of the terrorist incident in Barcelona

In the policy of August 18, 2017 comments on Iraq declares its solidarity with the Spanish government and condolences to the victims of the terrorist incident in Barcelona closed 37 visits
Iraq confirmed its solidarity with the Spanish people and government and the families of the victims of the terrorist attack that took place in the city of Barcelona on Thursday.
Spokesman for the Ministry of Foreign Affairs Ahmed Jamal said in a statement that the extremist terrorist organizations, after repeated defeats at the hands of the Iraqi heroes, moved their sleeper cells in a number of countries, including European countries, in a desperate and miserable attempt aimed at proving existence and breaking out of the state of refraction. Further international coordination and cooperation in order to detect and eliminate these cells, and cut off the sources of support and funding and accountability of media platforms that promote their thinking and rhetoric Tkfiri terrorist.
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GLOBAL/ NEWS/ INFO
This resume got me internship offers from Google, NSA and more
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10 ways to get more happiness out of your money
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OIL / COMMODITIES / ENERGY

Crude dips in Asia ahead of U.S. rig count dataInvesting.com
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Oil nudges higher on tightening supplies, weak dollar
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The world’s largest floating solar farm is producing energy atop a former coal mine
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Gold Up, Pushes Above $1,300, On Safe-Haven Buying
Kitco News
AM-PM Roundup Gold Up, Pushes Above $1,300, On Safe-Haven Buying Jim Wyckoff Friday August 18, 2017 08:16 Kitco News Share this article: Editor's Note: Kitco readers, have your say! Check out our newest feature - KITCO CHAT! - where you can share your comments and ask questions directly to us. (Kitco News) - Gold prices are higher, scored a 2.5-month high and moved above the psychologically important $1,300.00 level Friday. This week the gold market bulls have regained their groove. Safe-haven Read the full story


Gold breaks above $1,300 as geopolitical worries weigh on riskier assets
Political uncertainty in the United States and a suspected Islamist attack in Spain boosted bullion's safe-haven appeal.


Gold pares gains as U.S. dollar strengthensInvesting.com
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Gold lifted by haven demand; palladium logs 16-year high
MarketWatch
Gold prices score back-to-back gains Thursday, boosted by haven demand, while the latest rally for palladium lifts its prices to a more than 16-year high. Read the full story


BANKS / BANKING


Banks formed 'cartel', made threats against competitors: suit
New York Post

Pensions representing more than 386,000 public workers across the country sued six banks on Thursday, claiming the Wall Street giants conspired for nearly two decades to inflate prices and stamp out competition in a crucial $1 trillion market. Goldman Sachs, Morgan Stanley, JP Morgan and others formed a “cartel” in order to keep their dominant positions in the securities lending industry, according to a complaint filed in Manhattan federal court. The suit, which also names Bank of America, UBS Read the full story


Barclays weekend blackout: what you need to knowBT.com
Barclays bank is closing its online and telephone banking services this weekend to upgrade the system. Here's everything you need to know. Read the full story


New Development Bank to benefit Africa – Zuma
Engineering News
President Jacob Zuma said on Thursday that the New Development Bank (NDB) was set to benefit infrastructure projects on the African continent as a whole, and having a permanent regional centre showed commitment to that undertaking. “We are therefore happy to know that the bank is working on expanding its membership to other countries beyond BRICS [Brazil, Russia, India, China and South Africa]. We certainly trust that African countries will be among the first to take up membership at the New Read the full story


Zimbabwe: Dairy Sector, Banks in Funding Talks
AllAfrica
The Zimbabwe Association of Dairy Farmers (ZADF) has engaged the banking sector in efforts to secure funding for the industry, businessdigest has learnt. The negotiations come at a time the dairy industry has registered growth in milk production but still falling short of the national dairy requirement of 120 million litres per annum. ZADF chairman Emmanuel Zimbandu told businessdigest on Wednesday that they are currently in negotiations with financial institutions to secure much-needed funding Read the full story


TREASURIES/ BONDS/ STOCKS

Wall Street cautious after Barcelona terror attacks and continued Trump political fallout
The Dow and S&P 500 were coming off their biggest one-day drop in three months.


Wall Street's 'fear gauge'--the VIX--jumps 33% amid tumbling Dow, Barcelona terror attack
MarketWatch
A widely followed gauge of fear and volatility on Wall Street spiked in Thursday, underscoring a sudden pickup of worry amid hand-wringing over President Donald Trump, a reported terror attack in Spain and concerns about sluggish inflation. The CBOE Volatility Index traded up about 32.5% at 15.55. The index, which tracks options bets on the S&P 500 index 30-days in the future typically moves inversely to stocks and is viewed as a gauge of the market's wager on pullbacks in the market, because Read the full story


Bad news for the stock market: The Hindenburg Omen is back
MarketWatch
The appearance on the scene of a Hindenburg Omen sometimes portends a stock-market crash. Read the full story


Dow set for a fight to climb higher after worst one-day tumble in 3 months
MarketWatch
U.S. stock-index futures struggle for direction in Friday’s trade, with investors staying cautious after the prior day’s selloff, fueled by the terrorist attack in Spain and rumors Donald Trump’s key economic adviser would resign. Read the full story


Stocks poised for their second weekly drop as political turmoil, Barcelona terror attack weigh
Equities were staring down their second straight week of losses as investors took note of the negative trading sentiment seen globally.


US Treasurys rise as US politics, Barcelona attack weigh on sentiment
U.S. bonds rose as investors turned their attention to turbulence seen in U.S. politics and the terror attack in Europe.



INSURANCE
How to Get the Best Deal on EpiPen and Alternatives
Consumer Reports
The lifesaving allergy medication is still expensive, but there are ways to save. Read the full story


Private Equity Owner Weighs Selling Partial Stake in Insurance Broker HUB International: Reuters
Insurance Journal
Hellman & Friedman LLC is exploring the sale of a stake in HUB International Ltd. in a deal that could value one of the largest North American insurance brokerages at between $6 billion and $7 billion, including debt, people familiar with the matter said. The move follows private equity firm Hellman & Friedman’s acquisition of HUB four years ago from another private equity firm, Apax Partners LLP, for $4.4 billion including debt. It indicates Hellman & Friedman’s likely interest in cashing out Read the full story


MLM Insurance Group Announces South Florida Charity Event to Improve Educational Outcomes for Underprivileged Children in the Region
Insurance News
Plantation, FL (PRWEB) August 18, 2017 MLM Insurance Group , a Miami area provider of asset protection and financial planning assistance that serves communities throughout southern Florida , is working to support the Take Stock In Children Foundation during a regional charity event to provide scholarship assets to children from low income families. The Take Stock In Children Foundation (TSC) offers guidance and assistance to low income students throughout their academic career, ensuring that Read the full story


ObamaCare, Not Trump, Is Causing ObamaCare's Massive Rate Hikes
Investor's Business Daily
Health Care: In Iowa, the state's sole remaining insurer announced on Thursday that it wants to boost ObamaCare premiums by 57%. This isn't exactly the vibrant, competitive, low-cost market that Democrats promised. But it is the inevitable outcome of ObamaCare's government-knows-best approach to health care. Earlier this year, Aetna and Wellmark Blue Cross & Blue Shield announced that they were pulling out of Iowa's ObamaCare exchange, leaving only Medica, which was also threatening to leave. Read the full story




CURRENCIES

Forex - Dollar pushes lower as market sentiment wanes
Dollar extends losses vs. rivals as geopolitical risks take center stage Read the full story


Dollar higher on euro woes, but capped by White House drama
Metro US
By Dion Rabouin NEW YORK (Reuters) - The dollar rose on Thursday, boosted by weakness in the euro after the European Central Bank's July policy meeting minutes, but was volatile as rumors swirled about the possible resignation of Gary Cohn, director of the U.S. National Economic Council. A tweet sent from an unverified news account said Cohn was set to resign. That pared the dollar's early gains against most major currencies and sent the dollar index <.DXY>, which tracks the U.S. currency Read the full story


Mapped: how the pound has fared against currencies around the world since Brexit
The Telegraph
Since the Brexit vote the pound has fallen in value against each of the currencies used by the world’s 16 biggest economies. Read the full story


Pound V euro: GBP close to seven-year low against EUR
Express
A LACK of influential data has left the pound trading down against the euro today, with the GBP/EUR pairing lingering in the region of €1.097. This poor performance comes after unsettling UK retail sales figures, as well as scepticism about government plans to solve key Brexit issues. Yesterday, UK retail sales growth was shown to have slowed in July, but not by as much as forecast. Read the full story


NZ dollar heading for a 0.4% weekly fall in nervous markets
Scoop
Aug. 18 (BusinessDesk) - The New Zealand dollar was set to end the week 0.4 percent lower against the greenback on growing concerns that US President Donald Trump's won't be able to push through his pro-business agenda and in the wake of the attack ... Read the full story


Rupee opens little changed against US dollar
Livemint
Mumbai: The rupee on Friday was trading little changed against the US dollar tracking the losses in the Asian currencies markets. Read the full story


Forex - Yen gains as political woes for Trump hit dollarInvesting.com
© Reuters. Yen gains further Read the full story


Commodity Currencies Fall 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 Friday. This was caused by Asian stocks trading in the negative territory after a deadly terrorist attack in Spain that left 13 people dead. Further, doubts grew about U.S. President Donald Trump's ability to push through his economic agenda. Read the full story


USA
Trump's NAFTA talks have major implications for countries on the other side of the world
NAFTA may not include any Asian nations, but the trade-dependent region will be closely watching how the Trump administration handles talks, analysts said.



Analysis: Gary Cohn faces worst dilemma of his career
Gary Cohn is now under pressure to abandon President Donald Trump, whom he serves as chief economic advisor.



EMERGING MARKETS

Emerging market stocks may be set to break out after struggling for five years
CNBC
By the charts and economic fundamentals, emerging market stocks look ready to run higher, according to Triogem's Tim Seymour. Read the full story



MIDDLE EAST

Analysis: Here's what I learned from 3 years reporting in Iraq
PBS NewsHour
Out of the blue, my editor called: “Pack your gear, we need you in Erbil tomorrow.” I had never been to Iraq before, and I had no idea what I was getting into. Read the full story


Saudis in talks over alliance to rebuild Iraq and 'return it to the Arab fold'
the guardian
Pact would give Saudi Arabia a leading role in rebuilding war-torn country, and allow it to shepherd Iraq away from its rival Iran Iraq and Saudi Arabia are negotiating a new alliance that would give Riyadh a leading role in rebuilding Iraq’s war-torn towns and cities, while bolstering Baghdad’s credentials across the region. Meetings between senior officials on both sides over the past six months have focused on shepherding Iraq away from its powerful neighbour and Saudi Arabia’s long-time Read the full story


Libya gets better at keeping oil flowing as industry stabilises
Energy Voice
Libya’s getting better at resolving stoppages in its oil industry, underpinning a growing perception that the OPEC member is closer to becoming a stable producer again. That’s because of the duration of the incidents. While in prior years protests could shutter fields for months and years, now the stoppages are being resolved within days and barely hindering flows. Sharara, Libya’s biggest field, had several short disruptions this year, including two this month, after being closed for more than Read the full story

AFRICA

Six ways Africa can benefit from global volatility
Engineering News
Despite major global challenges, including global trade, Africa has the opportunity to step up to global change and benefit from the volatility that is shaking up the world, says Thomson Reuters Africa MD Sneha Shah. “Africa has the richest resource pool in the world, but we always lose, because we don’t come to the table as equal partners,” Shah told delegates at the Growth, Innovation and Leadership (GIL) Africa 2017 summit, in Cape Town, on Thursday. Shah said “inward leadership, from Brexit Read the full story


How a tiny African country became the world’s key military base
Quartz
In early August, China became the latest country to open a military base in the Horn of Africa nation of Djibouti, the third smallest country… Read the full story


Nigeria: Oil Production At $32 Per Barrel Too High - Minister
AllAfrica
The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has decried the high cost of oil production at 32 dollars per barrel, saying it makes cost of Foreign Direct Investment (FDI) very expensive. Kachikwu made the assertion at the 2017 annual conference of the National Association of Energy Correspondents (NAEC), in Lagos. The minister said that the Federal Government was making frantic efforts to bring down the cost to 15 dollars per barrel in order to significantly bring down cost of Read the full story



ASIA

The Hong Kong teenager behind China’s panda-shaped solar farms being built around the world
South China Morning Post
Ada Li Yan-tung’s bear-inspired sustainable energy concept will become reality in 100 panda-shaped solar farms on the route of Beijing’s infrastructure plan Read the full story


The Chinese government is limiting overseas investment in property
Business Insider
BEIJING (AP) - The Chinese government is moving to curb domestic companies' investments abroad in property, sports, entertainment and other fields, following a series of high-profile, multibillion-dollar acquisitions by Chinese firms. A document released Friday by the State Council, China's Cabinet, was the latest move by regulators to tap the brakes on a string of foreign acquisitions, citing concerns that the companies involved may be taking on too much debt. One of those conglomerates, Wanda Read the full story


China's new problem: 'Frenzy' of consumer lending creates debt 'explosion'
CNBC
The Chinese government is moving to tackle high debt levels, but the country is still borrowing more, said Deutsche Bank in a report released on Thursday. Read the full story


EUROPE

Brexit brings UK tourism boost but weak pound hurts food imports
The vote to leave the European Union is having a direct effect on the U.K. economy.


Pound to euro exchange rate: Sterling climbs back after plummeting following UK jobs data
Express
THE POUND has started to climb back against the euro after falling following the release of the UK jobs data. The pound to euro exchange rate has recovered to €1.098 after falling yesterday. It could then meet the same levels from the beginning of the week if it continues to go up. It reached highs of €1.100 earlier in the week with hopes that it could go back up. The pound then plummeted following the release of the UK jobs data that showed mixed news. Read the full story

Blessed and Highly Favored:
CBI Update:  
Closed on Saturday
ISX Update


Closed  on Saturday
                   
Kauaihn Chatter

8-19-2017   Intel Guru Dr. Clarke   Maybe because NOW, NOW, NOW, the Region is Secure Enough to move forward with adding LOTS of value to the currency? It was NOT secured enough almost 2 months ago, when Mosul was officially announced Liberated. Remember when we wrote, that after Mosul would be liberated, the “Dust needed to Settle” for awhile, before they possibly move the currency value significantly upward?...It’s been almost 2 months now.  ...SWEETHEARTS, you’re ALL going to wake up from this Long Long Lull soon - the one that’s been leading everyone along, so nicely into a Trance & Coma for so long, through “Confusion - Inconsistency - Circles”, and WAKE UP to instantly SEE a New, substantially increased value of the Iraqi Dinar, just like you Suddenly saw a significantly increased rate of the Vietnam Dong, this past week...albeit temporary.   [post 2 of 3....stay tuned]

8-19-2017   Intel Guru Dr. Clarke    
...it’s been almost 2 MONTHS since Mosul was OFFICIALLY announced Liberated. Nothing QUICK about this, for sure. The Majority in Dinarland, including all the “Groups”, and geniuses, were so hyped and pinning their Hopes on an instant RV when Mosul was Liberated - EXCEPT US. We knew MONTHS ago, this was NOT totally about Mosul...   Yes, it was important, but as we wrote months ago: “It was TOTALLY about Securing the “REGION”. Yes, the REGION. It’s STILL about securing the REGION. This includes: Syria, Turkey, Afghanistan, Saudi Arabia, Kuwait, Qatar & Iran. Have you heard anything Significant or even as much as a Peep about SYRIA, over the past 3 weeks? Virtually nothing. Why?  [post 1 of 3....stay tuned]

8-18-2017   Intel Guru Frank26   Regarding coming CBI requested 4 day holiday. 17th -20th of August  and then 1st, 2nd 3rd and 4th of September are also a holiday.  21st is the next pay scale for all businesses in Iraq. ...This seems to be a perfect time to make some moves. What else are they gong to do on the 21st?   Those ATM machines are going to be well dressed. Lot of things happening on the 21st.  After 21st they will make them a cashless society and force citizens to use lower denoms.

8-18-2017  Intel/Newshound Guru American Contractor
    Iraq Foreign Currency Reserves and money...  In my last newsletter I mentioned that the currency reserves that are based in US dollars will continue to deplete from its current balance of $45 bln and will rise to $40 bln next year. Reason being is that there are criminal groups in Iraq that are laundering money via use of false documents for the importing of goods.  The criminal groups have raised the prices of goods and materials as a means to steal money from the public.  I'm very perplexed as to what the Iraq Prime Minister, Haider al-Abadi is going to do in regards to this profuse money laundering done by these criminal groups.  The recent signing of the memorandum of understanding by the CBI will not travel far, I'll put a bet in that we’ll be revisiting this topic in another 12 months.


8-18-2017   Intel Guru Frank26  Something is telling [Guru] Delta that the Iraqi dinar is about to explode.  They set up so many things to be out of article 8. They walked hand in hand with Trump.  Maliki knows his time is up.  Do we need Art 140 before the reinstatement. No!   ...there is nothing left but to show the rate. The 21st seems to be set up just for that.

8-18-2017   Newshound Guru Islandg1211   Barzani and Abadi are both rational and they will come to an agreement that both knew had to get done right after the defeat of ISIS. Why? Because the reconstruction isn't going to be successful without that security.  Barzani's referendum may play well with his constituents, but it doesn't work for the international investors and oil companies.  Investors would rather invest with Baghdad right now then Erbil. IMO Barzani was using the referendum as a negotiating tactic. He floated the idea, and the other countries shot it down. In two weeks, ISIS will be declared defeated.  I believe BARZANI WILL REACH AN AGREEMENT ON ARTICLE 140, THE GOI WILL HAVE AN HCL BILL THAT KURDS WILL VOTE FOR, AND THE RV WILL HAPPEN as the referendum gets "postponed" until Turkey and Iran agree to it, which isn't going to happen.   [post 3 of 3]

8-18-2017   Newshound Guru Islandg1211   Abadi has made agreements with Iran and Saudi Arabia to pump out Iraq's oil east and west so it doesn't have to go north through Kurdistan. He's buying oil tankers and the Port of Faw is operational.  Basra is booming.  Abadi positioned Iraq to not having to "bend the knee"... to Erbil because he is developing alternative oil export routes.   The Kurds are completely responsible to come to Baghdad, sign agreements, and get the HCL law passed and settle the contested Article 140 areas.  Abadi isn't going to give Erbil their budget until that is settled.   ...the reality is that an independent country isn't happening without the support of Turkey, Iran, Iraq, Syria and the US.   [post 2 of 3....stay tuned]

8-18-2017   Newshound Guru Islandg1211  BARZANI'S REFERENDUM & THE RV...This referendum on its face is a non-starter:  Turkey has directly stated that they will not support an independent Kurdistan. All Turkey has to do is shut down the pipeline. That's it, game over for Kurdistan.  Iran has directly said that they do not support an independent Kurdistan.   Iran and Iraq could capture and hold Kirkuk oil fields and pump out the oil East into Iran. Kurdistan would run out of money within a very short time with Kirkuk's oil.  Sadre has said he is not for an independent Kurdistan along with Iran's Shiite leader. Kurdistan would loose support from within their borders from their Shiite population. Even in Kurdistan the religious leaders still hold power.  [post 1 of 3....stay tuned]

8-18-2017   Intel Guru Bruce   Today [Thursday]...all of the contractors in Iraq were paid and compensated of their current pay and also their back pay at the new rate.  ...remember...what Dr Shabbi said at the Chamber Commerce Meeting in Washington DC in 2012?  He talked about  the dinar being able to support $16.  The rate I am hearing is about slightly higher than that. That is the rate that is solid on the cards right now. Is that the actual starting rate that would be here when this comes thru for us?  I don’t know. I just know the contractors were paid today at the new rate, and ATMS with the lower denoms came out today. That is 28,000 activated.  Also trading with Saudi Arabia, and I think just not just with them but other border countries.     ...one more thing.  The official record the newspaper that Iraq published is published on Wednesdays and Saturdays.  We believe the new rate...will make it into Saturday’s copy.   It comes out at 7:30 am Iraqi time, 12:30 am EST on Saturday.    Iraq is ready to rock- n-roll.  ...from what I am understanding now, should be in good shape between tonight and Sunday night.  That is the window I am hearing.   [post 3 of 3]


8-18-2017   Intel Guru Bruce   Let’s start with Iraq.   Starting Tuesday they had open borders with Saudi Arabia.  For that to occur guess what has to happen.  You have to have an international recognized rate on your currency.  They do and they did.  Is it something we can see at this minute? I would say no, but they have it behind the scenes.  They do know about it and can do it.  Let’s cut to today [Thursday]  ...Iraq has a 3 day holiday that started today.  It is an unscheduled holiday that goes from today, Thursday, Friday, and  Saturday.   What are they celebrating?  I wonder.  Let me say this.  In Iraq today over 28,000 ATMs came on board and were turned on...  The balance of the ATMS in the country, the remaining number are going to be up and working by noon on Sunday, Iraq time.  [post 1 of 3....stay tuned]
8-18-2017   Intel Guru Bruce   We believe the rates that are there...I am finding out through various friends that are there in the country of Iraq, these rates have been populating for days on the back screens of Forex.  They have been traded up.  All the rates including  the ZIM were halted couple of days ago because they went as high as they wanted them to be. I don’t know what the dinar rate is right now. People who have the Qi cards, their rate is solid.  What is not solid is the word activation. It is flashing.  When that solidifies, boom we have an active rate people can use those Qi cards. The new ones are global master cards with two chips in them which are used as both as a credit and debit cards. All the old Qi cards that were debit cards only are being done away with.  [post 2 of 3....stay tuned]

8-18-2017   Intel Guru Bruce
   Let’s start with Iraq.   Starting Tuesday they had open borders with Saudi Arabia.  For that to occur guess what has to happen.  You have to have an international recognized rate on your currency.  They do and they did.  Is it something we can see at this minute? I would say no, but they have it behind the scenes.  They do know about it and can do it.  Let’s cut to today [Thursday]  ...Iraq has a 3 day holiday that started today.  It is an unscheduled holiday that goes from today, Thursday, Friday, and  Saturday.   What are they celebrating?  I wonder.  Let me say this.  In Iraq today over 28,000 ATMs came on board and were turned on...  The balance of the ATMS in the country, the remaining number are going to be up and working by noon on Sunday, Iraq time.  [post 1 of 3....stay tuned]

8-18-2017   Intel Gurus Delta  & Frank26   VERY INTERESTING TODAY VIETNAM DONG DID OPEN TODAY [WEDNESDAY] AT  $0.0044  AND THATS ABOUT $4400 FOR A MILLION DONG.    They need more flexibility for the exchange rate.  22,000 to the dollar does not make any sense. They are under exceptional status with the IMF. They dropped 2 zeros from their exchange rate at the beginning of yesterday [Tuesday].  The msn live feed gave that rate.  It was not a glitch. They might (eventually)  come up to 4 or 5 cents. I-Teams were encouraged about the dong.

8-18-2017   Newshound Guru Aggiedad77   Article:  "ABADI TO OUST CORRUPTION PARTIES AFTER LIBERATING IRAQ FROM ISIS"   Abadi is on a roll...his long push for elimination of corruption within Iraq was a bit sidetracked by ISIS but is steamrolling now...get ready for some very GREAT and POSITIVE changes to happen within Iraq...he's putting his country on the map as a new financial mecca...he will right the wrongs of the past within Iraq... watch for it...wait for it...it's coming. 
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
ARTICLE 1 (from PM Abadi's website)

No new postings on PM Abadi's website.

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ARTICLE 2

Jubouri establishes a party with a code [action]
2017/8/18 15:03
[Ayna-Baghdad]
The civil assembly for reform held its founding conference on Friday in Baghdad and Salim al-Jubouri was elected its secretary-general.
The members of the Civil Society for Reform discussed a number of important issues related to the internal affairs of the Iraqi National Assembly and the Iraqi National Arena.
"We are taking the first step in our long journey that will bring us together to serve our people, our society, and before that our country and the homeland of Iraq," said Salim al-Jubouri, Secretary-General of the Civil Society for Reform. Has a common vision and is based on a clear idea, to work in a collective, equal and institutional manner based on internal rules. "
He also pointed out that "we are starting from the principle and the sense of responsibility towards a people living in the worst conditions under the remnants of terrorism such as migration, migration, poverty and unemployment, the spread of corruption and the absence of services and the marginalization of clear competencies," noting that "all these circumstances can make the task is very serious and sensitivity and difficulty demanding higher Dignity, sacrifice, dedication and credibility along with professionalism and accuracy. "
Jabouri said his new gathering is "a conservative democratic party that does not adopt any ideology, but seeks to develop effective policies in order to develop real solutions to the political, economic and social problems facing the state and the Iraqi people."
He pointed out that "the comprehensive reform process sought by the Iraqi people requires a serious reading of the political arena and the aspirations of the Iraqi people, and requires a careful analysis of what the reforms required, and ways to achieve them, and the quality of the paths to be taken for that."

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ARTICLE 3

Of Iraq enters the competition for a global position
2017/8/18 21:48
[Ayna-Baghdad]
Transport Minister Kazem Fangan al-Hamami announced on Friday that Iraq will compete for the post of vice president of the World Meteorological Organization (WMO) with three other countries - the United Kingdom, Lithuania and Bangladesh.
A statement from his press office received the agency of all Iraq [where] a copy of the receipt of the ministry an email in which the organization announced the entry of the Permanent Representative of Iraq to the World Meteorological Organization and the Director General of the General Authority for Aeronautical and Seismic Monitoring Agency Thaer Hussein Ghrawi who nominated to compete for this site In June of 2017.
Al-Hamami pointed out that Iraq will enter into competition for the first time in its history since the founding of the World Organization nearly 70 years ago and in accordance with the provisions of Article (82) of the General Regulations, which provides for voting in all elections by secret ballot.
It should be noted that this comes within the efforts of the Ministry to return Iraq to the international incubator and lift the embargo on Iraq's funds in the World Meteorological Organization.
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ARTICLE 4-A

The popular crowd reaches the seam line in Tal Afar
2017/8/18 19:09
[Ayna-Baghdad]
The second brigade of the Popular Rally, on Friday, was on the line of contact to spend Talaafar battle for liberation, while the crowd received large numbers of displaced people.
"Major preparations have begun from the popular crowd, the federal police, the army and the counterterrorism apparatus," a statement from the crowd told the agency. "The forces of the second brigade are now on the line of contact to spend Talafar west of Mosul to fight the liberation battle."
"The crowd has developed a lot in all military areas, as well as the confusion of the enemy and the tension of its leaders will facilitate the processes of restoring the judiciary," the statement said. .
"The popular crowd has received large numbers of displaced persons and opened safe roads for them during the past period. We have set up a mechanism to receive them in order to get the largest number of displaced people out. Some of them started settling in villages far from the battlefield," he said.

***************
ARTICLE 4-B

Asadi: 20,000 fighters from the crowd will participate in the battle of Tal Afar

NINEWA, Iraq, Aug 18 (AFP) - A spokesman for the popular crowd, Ahmad al-Asadi, announced on Friday that 20,000 fighters from the crowd would join the liberation of Tal Afar, adding that "the battle to liberate the city will take several weeks."
"The commander-in-chief of the armed forces is the one who sets the zero hour for the start of the battle in Tal Afar," he said, revealing information about the presence of foreigners in the ranks of Dahesh in Tal Afar, but we do not know who they are and the battle for Tal Afar will not last long. AH

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

The crowd's crackers were frantic near the Syrian border
2017/8/18 19:17
[Ayna-Baghdad]
The brigade's 28-member missile force in the popular crowd on Friday addressed targets on the Iraqi-Syrian border.
"The rocket-propelled grenade dealt with terrorist targets on the Iraqi-Syrian border and caused direct casualties in the heart of the enemy in the eastern village of Dahaj," said a statement to the crowd.

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

Sugar increases the degree of depression
2017/8/19 9:10
[Ayna-Follow]
NEW YORK (Reuters Health) - Consuming a large amount of sugar in food may increase the degree of depression and exacerbate psychological problems, according to a new study. These findings contradict the common idea that eating sweets and sugary beverages increases morale.
According to the study conducted at the University of College in London exacerbates the excessive eating of sugar from the problem of depression and not vice versa and was thought that depression increases the desire to eat sugar.
The results of the study were published in the journal Scientific Reports, and were based on a review of the results of six studies on diet and depression in Canada, France, the United States, New Zealand, Germany and South Korea, and found that a diet rich in sugars increases the risk of depression and exacerbates the condition.
The results of this combined study are consistent with previous studies conducted in 2002 that found that excessive sugar consumption negatively affects the cognitive abilities of both the elderly and children.
Health recommendations urge not to consume more than 6 tablespoons of sugar per day for women, and 9 tablespoons a day for men. The number of spoons of sugar in a package of soft drink about 8.25 tablespoon, while the banana grain contains 3 tablespoons sugar.

***************
ARTICLE 7-A

Postponement of the vote on the draft amendment of the Third Law of the provinces
2017/8/19 13:20 • 13 times read
Postponement of the vote on the draft amendment of the Third Law of the provinces.

***************
ARTICLE 7-B

Parliament postpones adoption of the provincial elections law for next Monday
2017/8/19 12:06 • 87 times read
Parliament postpones adoption of the provincial elections law for next Monday.

***************
ARTICLE 7-C

Parliament votes on a proposal that the deputy who signs the interrogation is not allowed to withdraw his signature
2017/8/19 11:57 • 55 times read

Parliament votes on a proposal that the deputy who signs the interrogation is not allowed to withdraw his signature.

*************
ARTICLE 8

Deputies: Continue meetings to find a suitable formula to solve the problem of Kirkuk

BAGHDAD, August 19 - The parliamentary legal committee on Saturday revealed that the political blocs are holding meetings to find the appropriate formulas to solve the problem of Kirkuk and reaching a final agreement can be at any moment.
He said the head of the committee Mohsen al-Saadoun, "The differences on the paragraph of Kirkuk elections within the provincial elections law is still ongoing and we do not know whether it will be voted on during today's session or will be postponed to the next meetings," noting that "the political blocs to hold meetings to find the appropriate formulas To resolve it and reach a final agreement can be at any moment. "

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