Abadi calls on businessmen to invest in Iraq
link
BAGHDAD
/ Iraqi Prime Minister Haidar al-Abadi on Saturday called on
businessmen to invest in his country, which he said "has begun to occupy
its natural position."
"Iraq is a
success story, and this is an invitation for all businessmen and
investors to invest here in this country that has begun to occupy its
natural position," Abadi said in a speech at the opening of a large mall
in the capital.
"While we are
fighting and winning the gangs of terrorist advocates, we are opening
investment projects and this is a great success for Iraq," he said.
"The terrorist advocate wanted to destroy life, but the Iraqis proved that they were the builders of life," he said.
And the "Mall of Baghdad", a huge marketing complex of four floors, as
well as a 32-storey hotel, a hospital and a parking lot of ten floors.
The construction of the project cost 127 million US dollars and was operated by Turkish construction firm Tefrum.
Abadi opens the Baghdad Mall in Harthiya
link
Baghdad Mawazine News
Prime Minister Haider al-Abadi opened on Saturday the Baghdad Mall in the Harthiya area.
"The Prime Minister, Haidar al-Abadi, opened today (officially the mall of Baghdad) in the region of Harthiya, and briefed during a tour of what was established in the (mall) and services to be provided to citizens "He said.
According to the statement, Park Abadi "opening the project," asserting that "while we fight and achieve victories on the gangs of terrorist advocates, we are opening investment projects and this is a great success for Iraq."
"Iraq is a success story, and this is an invitation for all businessmen and investors to invest here in this country that has started to occupy its natural position," he said.
Word on the Street Saturday 8/26/17:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | |
|
1,131.5000 | 1,131.5000 | 1,131.5000 | |
17:36 |
| USD/VND | |
|
22,196.0000 | 22,196.0000 | 22,196.0000 | |
17:36 |
| USD/CNY | |
|
6.5970 | 6.5970 | 6.5970 | |
17:38 |
| USD/KWD | |
|
0.3014 | 0.3014 | 0.3014 | |
16:38 |
| GBP/USD | |
|
1.2877 | 1.2877 | 1.2877 | |
17:00 |
| USD/IRR | |
|
12,048.0000 | 12,048.0000 | 12,048.0000 | |
17:51 |
| USD/IDR | |
|
13,341.0000 | 13,341.0000 | 13,341.0000 | |
15:36 |
CNBC Link:
CNBC Morning Squawk
Link:
No link on Saturday
DC NY Iraq Articles:
Standard & Poor's confirms Iraq's credit rating
4 hours
ago Reuters
Standard &
Poor's confirmed on Friday its credit rating for Iraq at B- / B with a stable
outlook, but expected oil production cuts to affect economic growth in 2017
The credit rating agency attributed a stable
outlook to expectations of continued budget control efforts in the next few
years.
Standard & Poor's said the rating received
support from Iraqi oil production concentrated in areas under the firm control
of the federal government.
Hakim: Iraqi competencies must address the management of independent bodies
25-08-2017 Baghdad / Al-Ghad
Press:
The head of the
National Alliance Ammar al-Hakim, on Friday, the need to address the Iraqi
competencies, especially those who find themselves better to manage the
independent bodies.
"During our
visit to the Armenian Church of St. Clair and our meeting with the head of the
Armenian community in Iraq, we confirmed that opening the candidacies of the
Iraqi competencies to the independent bodies is a good step in the right
direction and the need to address," Hakim said in a statement received by
Al-Ghad Press. Iraqi competencies, especially those who find themselves better
to manage independent bodies. "
He added, "We
also stressed the importance of renewal and away from traditional stereotypes
that no longer conform to the ambitions and aspirations of the people and the
importance of safeguarding the interests of the Iraqi nation and the projects of
the universal interests of all within the national framework, we pointed out
that the stream of wisdom took into account these data at the foundation, Youth
of society and the roles required of women's empowerment ".
"We stressed that the
General Authority of the National Wisdom Stream will seek to empower women and
give roles to young people. We also stressed that the diversity of the Iraqi
spectrum is a source of enrichment and a multiplicity of readings that are in
the interest of the country. The number and that their benefits must be given to
them, and the importance of supporting their competencies in the joints of the
state.
Baghdad, August 25, 2017
Iraqi Prime Minister Haidar al-Abadi met in Baghdad today with the head of the UN mission in Iraq Jan Kubic.
During the meeting, they discussed the developments in security, political and economic developments in Iraq, the regional situation and the war on terror, as well as the preparations and coordination to support Iraq's efforts during the next annual meetings of the United Nations General Assembly.
// is over //
11:38 P
Baghdad, August 25, 2017
Iraqi Prime Minister Haidar al-Abadi met in Baghdad today with the head of the UN mission in Iraq Jan Kubic.
During the meeting, they discussed the developments in security, political and economic developments in Iraq, the regional situation and the war on terror, as well as the preparations and coordination to support Iraq's efforts during the next annual meetings of the United Nations General Assembly.
// is over //
11:38 P
We will be in Rome': ISIS threatens Pope Francis in new propaganda video
- ISIS video, filmed in Marawi in the Philippines, shows the desecration of a church
- One English-speaking jihadi points at camera and promises: 'We will be in Rome'
- Pictures of the current Pope and his predecessor are torn up and thrown away
- Church is extremely burned while statues of Jesus on the cross are destroyed
- Terror group is losing ground in Syria and Iraq but battle in Marawi continues
ISIS has
released a new propaganda video showing its fighters stamping on busts of Jesus,
ripping pictures of the Pope in half and advancing to come to Rome .
Filmed mostly in
the Philippines - where the jihadist group has been fighting a battle with the
government for control of the city of Marawi - the latest 'Inside the Khilafah'
video focussed on conflict between Christianity and Islam.
The narrator,
speaking with an American accent, praises 'the truthful soldiers of Mohammed'
who have gone to conquer territory in East Asia while ISIS members are shown wrecking a church.
One of the
criminals - named 'Abu Jindal' - looks straight at the camera and says in
English: 'Remember this, you kuffar [an extremely offending term for
non-Muslims] - we will be in Rome, we will be in Rome, Inshallah [god willing]
'.
Kauaihn Iraq Articles:
UAE: Ports and airlines play an important role in enhancing logistics services
UAE ports and airlines play an
important role in enhancing logistics, especially as the Expo 2020 is
approaching, and the growth of the air and sea freight sectors. An analysis by
the Dubai Chamber of Commerce and Industry revealed that "there is a strong
outlook for the growth of the logistics sector in the UAE until 2021, with the
growth of air and sea freight sectors expected to boost the country's position
as a global logistics destination."
The analysis, based on Business
Monitor International data, suggested that the air cargo market grew at a
cumulative annual rate of 4.8 percent between 2017 and 2021, while demand for
air cargo rose between 2012 and 2016 at a cumulative annual rate of 8.6
percent.
Business Airline forecasts that
the volume of airborne shipments this year "will rise at Dubai and Abu Dhabi
airports by about 5 and 12 percent respectively, while between this year and
2021, there will be a cumulative annual increase of about 3.2 and 5.2 percent
Respectively. Both Emirates Airline and Etihad Airways have played an
important role in air cargo, and their contribution will continue to increase
air cargo over the next five years.
"The logistics sector is an
important sector in the UAE's economy, which has a well-developed logistics and
transport infrastructure, and Dubai is a hub for maritime and air transport
because of its strategic geographic location, diversification of the economy and
its latest adoption," said Hamad Buamim, Director General of Dubai Chamber of
Commerce and Industry. Technology Innovations ».
"Continuing investment in
infrastructure, innovation, excellence in services and logistics strengthens
Dubai and the UAE as a regional and global hub linking traditional and modern
trade routes around the world and opening up opportunities for the UAE to
further cement its position in the world of air and sea freight."
For example, Emirates Air Cargo
has opened a new facility for the shipment of pharmaceuticals at Dubai
International Airport, which will meet the growing demand for refrigerated
warehouses for these materials, because the refrigerant chain logistics services
At the airport has been enhanced air cargo volume ».
He stressed that the UAE "plays an
important role in maritime transport in the Middle East. The volume of container
traffic in the UAE in 2016 amounted to about 21.7 million TEUs with a growth
rate of 3% compared to 2015." Business Monitor International
expects to handle 22.4 million 20-foot container containers in the UAE this year
with a 5 percent growth and container container traffic continues to rise to a
record high of 28.4 million containers by 2021.
Jebel Ali Port is one of the top
10 ports in the world and has achieved strong growth over the last
decade. Business Monitor International did not rule out shipments
growth at the port at a cumulative annual rate of 6 percent between 2017 and
2021. The ports of Sharjah are different from the other ports of
the UAE because they are located on the Arabian Gulf coast and the Gulf of Oman,
with shipments from the two container terminals reaching their highest level in
2016 at 4.8 million containers with a 4.3 percent growth compared to 2015. Their
forecasts indicate that the next five years will " Containers in Sharjah at a
cumulative annual rate of 3.2 percent.
Khalifa Port in Abu Dhabi has
played a prominent role in maritime transport in recent years and is
characterized by the depth of its basin, allowing it to receive the largest
marine vessels. Container handling at the port grew 16.4 percent to 1.7
million TEUs by 2016. Container traffic in the port is expected to grow at a
cumulative annual rate of 13.5 percent between 2017 and 2021.
The analysis pointed out «the
contribution of expanding ports in the UAE and developing its facilities in
increasing the movement of containers in them and enhancing its competitiveness
globally. Jebel Ali Port, managed by DP World, plans to invest $ 1.6
billion, boosting capacity to 22.1 million containers. Abu Dhabi Ports
plans to expand Khalifa Port by 100 square kilometers by mid-2018, to
accommodate more industries and support the current strong growth of the
sector
Turkish Prime Minister: We do not recognize the region as a state and they have to cancel the referendum
Turkish Prime
Minister Ben Ali Yildirim on Friday called for the cancellation of the decision
to hold a referendum on the separation of the Kurdistan region from Iraq
scheduled for next September.
"The referendum in Iraqi Kurdistan
can not be considered as a reason for declaring Turkey a war," Yildirim said in
a press statement. "The declaration of war between one country and another and
we do not recognize them as a state."
Yildirim's comments came after the head of Turkey's opposition Nationalist Movement, Movement Duluth Bhagli, said on Thursday that the referendum could "be considered a reason for Turkey to declare war if necessary."
The President of the Iraqi region Massoud Barzani announced on July 7 last year a referendum on the issue of separation from Iraq on the 25 of September and rejected all calls for postponement or cancellation.
Yildirim's comments came after the head of Turkey's opposition Nationalist Movement, Movement Duluth Bhagli, said on Thursday that the referendum could "be considered a reason for Turkey to declare war if necessary."
The President of the Iraqi region Massoud Barzani announced on July 7 last year a referendum on the issue of separation from Iraq on the 25 of September and rejected all calls for postponement or cancellation.
Norway's DNO and Turkey's Ginnell have signed an oil sales agreement with Iraqi Kurdistan
Aug 25, 2017
Oslo / Amsterdam - Norway's DNO
and British-based Ginnel Energy said they had signed agreements with the
Kurdistan Regional Government (KRG) to settle an existing debt and restructure
oil export payments.
The agreements settle a long-standing problem between two major oil-producing oil companies in Kurdistan and the regional government over late payments that have affected relations and prompted companies to be cautious about increasing investments in the region.
Shares of the two companies jumped after the announcement, with the shares of «DNO» rose 6.5 percent, and shares »Gainell» rose 6.9 percent. The Norwegian company said its agreement with the territorial government includes increasing its stake in the Tawke oil field license to 75 percent from 55 percent by acquiring the government's stake in the region.
The provincial government has also exempted DNO from certain payment obligations, including production bonuses of about $ 25 million, and a $ 150 million water purification project is no longer required.
"The deal will significantly support the company's balance sheet and will also boost cash flows," said Bijan Mesfar Rahmani, the company's chief executive officer at a press conference in Oslo.
The deal allows DNO to get 20,000 barrels per day of oil from the Tawke field, as well as more than 60,000 bpd it currently receives. "This will support further expansion in Kurdistan," the company's president said.
Analysts at Dansky Bank said the deal "changed the rules" for DNO, which would increase earnings expectations and a potential increase in the stock's valuation by five Norwegian kroner ($ 0.64).
Under the deal, Ginnell Energy agreed to exempt the government of Kurdistan from an existing debt of $ 201.7 million at the end of the two contracts, for a larger share of the total revenue of the Tawke field of 4.5 percent until 31 July 2022. The territorial government also agreed to exempt it Tax on their profits from the Tawke field.
Based on the average price of Brent crude at $ 51 a barrel, Ginnell said the deal would generate revenues of about $ 30 million and savings of about $ 12 million by the end of 2017.
Gulf Keystone Petroleum, another foreign oil company producing crude in the region, said it had made progress in talks with the government but had not set a date for any announcement.
The agreements settle a long-standing problem between two major oil-producing oil companies in Kurdistan and the regional government over late payments that have affected relations and prompted companies to be cautious about increasing investments in the region.
Shares of the two companies jumped after the announcement, with the shares of «DNO» rose 6.5 percent, and shares »Gainell» rose 6.9 percent. The Norwegian company said its agreement with the territorial government includes increasing its stake in the Tawke oil field license to 75 percent from 55 percent by acquiring the government's stake in the region.
The provincial government has also exempted DNO from certain payment obligations, including production bonuses of about $ 25 million, and a $ 150 million water purification project is no longer required.
"The deal will significantly support the company's balance sheet and will also boost cash flows," said Bijan Mesfar Rahmani, the company's chief executive officer at a press conference in Oslo.
The deal allows DNO to get 20,000 barrels per day of oil from the Tawke field, as well as more than 60,000 bpd it currently receives. "This will support further expansion in Kurdistan," the company's president said.
Analysts at Dansky Bank said the deal "changed the rules" for DNO, which would increase earnings expectations and a potential increase in the stock's valuation by five Norwegian kroner ($ 0.64).
Under the deal, Ginnell Energy agreed to exempt the government of Kurdistan from an existing debt of $ 201.7 million at the end of the two contracts, for a larger share of the total revenue of the Tawke field of 4.5 percent until 31 July 2022. The territorial government also agreed to exempt it Tax on their profits from the Tawke field.
Based on the average price of Brent crude at $ 51 a barrel, Ginnell said the deal would generate revenues of about $ 30 million and savings of about $ 12 million by the end of 2017.
Gulf Keystone Petroleum, another foreign oil company producing crude in the region, said it had made progress in talks with the government but had not set a date for any announcement.
Iranian escalation against the referendum of Kurdistan
Ankara warns of
"war" and Tehran considers it an American plot
Friday - 3 Dhu
al-Hijjah 1438 AH - 25 August 2017 AD Issue Number [14150]
Duluth Bhagli,
leader of the National Movement Party (AIP)
Ankara: Said
Abdul Razek, Erbil - Tehran: «Middle East»
TEHRAN (Reuters)
- Turkey and Iran on Monday stepped up their rhetoric over a referendum on
independence, which the Kurdistan Regional Council (KRG) is to hold in
September. While Ankara noted that the move could lead to civil war in
Iraq as well as destabilizing the region, Tehran spoke of an American plot,
saying that what the Kurds are doing "falls within the context of US policies to
divide the region." But the President of the Kurdistan region Massoud Barzani
renewed his commitment and the leadership of Kurdistan to hold a referendum on
independence on time, pledging to continue talks with Baghdad. .
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"The decision of the Iraqi Kurdistan government to hold this referendum will not solve any of the problems of the region, but will deepen it and increase the size of the crises and problems suffered by the Iraqis," deputy head of the Justice and Development Party for Foreign Affairs of Turkey Mohammad Mahdi Akar said in remarks yesterday. He added: «We ask the politicians of Iraq and the governors of the Kurdistan region to resolve the differences between Baghdad and Erbil through dialogue and negotiation and within the framework of the Iraqi constitution». The Turkish nationalists also reacted sharply to the referendum, and warned the head of the Nationalist Movement Party, Dulat Beheshli, in a press conference yesterday that the Kurdish move «could be a reason to declare Ankara war if necessary», stressing that the step paves the way to declare the «Greater Kurdistan». And demanded to stand in the face of the preparations announced by Barzani, which «includes even Turkmen cities».
"The decision of the Iraqi Kurdistan government to hold this referendum will not solve any of the problems of the region, but will deepen it and increase the size of the crises and problems suffered by the Iraqis," deputy head of the Justice and Development Party for Foreign Affairs of Turkey Mohammad Mahdi Akar said in remarks yesterday. He added: «We ask the politicians of Iraq and the governors of the Kurdistan region to resolve the differences between Baghdad and Erbil through dialogue and negotiation and within the framework of the Iraqi constitution». The Turkish nationalists also reacted sharply to the referendum, and warned the head of the Nationalist Movement Party, Dulat Beheshli, in a press conference yesterday that the Kurdish move «could be a reason to declare Ankara war if necessary», stressing that the step paves the way to declare the «Greater Kurdistan». And demanded to stand in the face of the preparations announced by Barzani, which «includes even Turkmen cities».
The international road between Iraq and Jordan Protection and investment or political conflict?
Mustafa al-Obeidi
Aug
25, 2017 Al-Anbar Al-Quds Al-Arabi: The
positions of the political forces in Anbar, in light of the participation of
foreign companies in protecting the highway between Iraq and Jordan, varied
between the rejection of the popular mobilization and the welcome of the tribes
and deputies of the province.
"The Anbar government welcomes the agreement with the foreign company to protect the international road, because it is an investment project that will provide jobs for tens of thousands of residents of the province and truck drivers. It will also rehabilitate about 20 destroyed bridges on the road," said Farhan Mohammed Saleh, a member of Anbar Provincial Council. , While the state is difficult to reconstruct at the present time ». "The project was supported by the government and its president, Haider al-Abadi, as the agreement with the American company has not stopped, and is in the final stages of the Ministry of Municipalities and the procedures are continuing in Baghdad."
He noted that «the project will promote the conditions of the province, especially Iraq in general».
According to the local official, the objections of some on the assignment of foreign companies to secure the international road, «interference from the door of political conflicts between the blocks and external interventions, and political objectives more than the service of the country». The head of the security committee in the Anbar Council, Na'im al-Ka'ud, confirmed that "part of the road which is about 360 km is not fully insured."
"There is a popular crowd outside and within the province that is deployed on the international road, in addition to the army and border guards, but there are large distances from the road that are not secured," he said in a televised interview.
Al-Ka'ud welcomed the appointment of a foreign company as the task of securing the road because it will repair the damaged bridges along the road, in addition to helping the residents of the province to provide them with protection elements, an opportunity for youth to operate and move the crippled economy in Anbar years ago.
On the other hand, confirmed sources in the «popular crowd», rejected the direction of the government of Abadi to assign a US company the task of protecting the road, stressing the ability of the popular and tribal crowd to provide the required protection.
A member of the Political Bureau of the "Hezbollah Brigades" Iraq, Mohammed Mohi, said that «America has begun to adopt a new strategy in Iraq, to restore its military presence in it, after it was confirmed that the defeat of the entity calling for the criminal is imminent».
"In its new plan, Washington has deployed its forces in key bases and important areas of the country to provide full control of the Iraqi-Syrian border on the pretext of preventing Iran from using land borders to support Syria and Hezbollah, not to mention dominating Iraq's capabilities and supporting local parties to pass projects. Partitioning.
According to Muhi, «the road link between Iraq and Jordan is a strategic corridor, allowing the United States and the forces that seek to control him by imposing his hegemony on Anbar, especially the Sunni province, which is set to be formed according to a US Gulf plan».
He added that «the presence of US forces in that important region also comes to ensure the interests of Jordan».
The leader of the "Asaib Ahl al-Haq" movement, Qais al-Khazali, warned last April, the Iraqi government, to hand over the road to a US security company to secure it, stressing that «this must not go unnoticed, and we have to stand in front of him».
It was noted that Abadi, during his last weekly press conference, avoided talking about the American company charged with protecting and maintaining the international road.
It was supposed to start the company (Olive Krupp) American road to secure rehabilitation since July last, according to an agreement between the provincial government and the central government.
"The Anbar government welcomes the agreement with the foreign company to protect the international road, because it is an investment project that will provide jobs for tens of thousands of residents of the province and truck drivers. It will also rehabilitate about 20 destroyed bridges on the road," said Farhan Mohammed Saleh, a member of Anbar Provincial Council. , While the state is difficult to reconstruct at the present time ». "The project was supported by the government and its president, Haider al-Abadi, as the agreement with the American company has not stopped, and is in the final stages of the Ministry of Municipalities and the procedures are continuing in Baghdad."
He noted that «the project will promote the conditions of the province, especially Iraq in general».
According to the local official, the objections of some on the assignment of foreign companies to secure the international road, «interference from the door of political conflicts between the blocks and external interventions, and political objectives more than the service of the country». The head of the security committee in the Anbar Council, Na'im al-Ka'ud, confirmed that "part of the road which is about 360 km is not fully insured."
"There is a popular crowd outside and within the province that is deployed on the international road, in addition to the army and border guards, but there are large distances from the road that are not secured," he said in a televised interview.
Al-Ka'ud welcomed the appointment of a foreign company as the task of securing the road because it will repair the damaged bridges along the road, in addition to helping the residents of the province to provide them with protection elements, an opportunity for youth to operate and move the crippled economy in Anbar years ago.
On the other hand, confirmed sources in the «popular crowd», rejected the direction of the government of Abadi to assign a US company the task of protecting the road, stressing the ability of the popular and tribal crowd to provide the required protection.
A member of the Political Bureau of the "Hezbollah Brigades" Iraq, Mohammed Mohi, said that «America has begun to adopt a new strategy in Iraq, to restore its military presence in it, after it was confirmed that the defeat of the entity calling for the criminal is imminent».
"In its new plan, Washington has deployed its forces in key bases and important areas of the country to provide full control of the Iraqi-Syrian border on the pretext of preventing Iran from using land borders to support Syria and Hezbollah, not to mention dominating Iraq's capabilities and supporting local parties to pass projects. Partitioning.
According to Muhi, «the road link between Iraq and Jordan is a strategic corridor, allowing the United States and the forces that seek to control him by imposing his hegemony on Anbar, especially the Sunni province, which is set to be formed according to a US Gulf plan».
He added that «the presence of US forces in that important region also comes to ensure the interests of Jordan».
The leader of the "Asaib Ahl al-Haq" movement, Qais al-Khazali, warned last April, the Iraqi government, to hand over the road to a US security company to secure it, stressing that «this must not go unnoticed, and we have to stand in front of him».
It was noted that Abadi, during his last weekly press conference, avoided talking about the American company charged with protecting and maintaining the international road.
It was supposed to start the company (Olive Krupp) American road to secure rehabilitation since July last, according to an agreement between the provincial government and the central government.
Kauaihn Economic Times:
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GLOBAL/NEWS/INFO
Didn’t win the Powerball? Here are 5 more reliable ways to
get rich over time
Don't leave making and saving more money up to chance.
Read more: https://www.cnbc.com/2017/08/
CNBC
Investors firmly focused on Jackson Hole, Wyoming today, where they'll hear speeches from Fed Chair Janet Yellen and ECB President Mario Draghi. Read the full story
My San Antonio
Insurer Aetna Inc. inadvertently revealed the HIV status of some clients in a mailing about medication for the disease sent to about 12,000 people last month. Read the full story
© Reuters. Dollar holds steady against otheer majors ahead of Jackson Hole remarks Read the full story
Barron's
AllAfrica
EU, Nigeria Collaborate to Improve Quality of Banned Products The European Union is assisting Nigerian authorities to improve the quality of some exports which had been banned due to the products' deficiency in meeting European specifications, an official has said. Nigeria: EU, Nigeria Collaborate to Upgrade Banned Exports Read the full story
Don't leave making and saving more money up to chance.
Read more: https://www.cnbc.com/2017/08/
OIL
/ COMMODITIES / ENERGY
Live: Oil prices rise as Texas prepares for Hurricane
Harvey
Our live blog is tracking oil market reaction as Texans along the Gulf Coast brace for impact as Hurricane Harvey approaches.
Our live blog is tracking oil market reaction as Texans along the Gulf Coast brace for impact as Hurricane Harvey approaches.
Read more: https://www.cnbc.com/2017/08/
Oil prices rise as Hurricane Harvey heads for US Gulf
coast
Oil prices were rose on Friday as the U.S. petroleum industry prepared for the impact of Hurricane Harvey.
Oil prices were rose on Friday as the U.S. petroleum industry prepared for the impact of Hurricane Harvey.
Gold steady ahead of central bank speeches at Jackson
Hole
Gold was unchanged early Friday, with investors awaiting directional clues from speeches due later in the day from Jackson Hole.
Gold was unchanged early Friday, with investors awaiting directional clues from speeches due later in the day from Jackson Hole.
Read more: https://www.cnbc.com/2017/08/
Gold prices shed Rs150 on global cues, muted
demand
Livemint
New Delhi: Gold prices drifted lower by Rs150 to Rs29,700 per ten gram on Friday, tracking a weak trend overseas amid fall in demand from local jewellers. Silver, however, held steady at Rs40,200 per kg in scattered deals. Read the full story
Livemint
New Delhi: Gold prices drifted lower by Rs150 to Rs29,700 per ten gram on Friday, tracking a weak trend overseas amid fall in demand from local jewellers. Silver, however, held steady at Rs40,200 per kg in scattered deals. Read the full story
BANKS
/ BANKING
Central bankers to face inflation puzzle at
Jackson Hole
The Globe and Mail
With the prospect of new leadership at the Fed within months, investors will be listening for any hint of shifting interest-rate plans from the policy makers Read the full story
The Globe and Mail
With the prospect of new leadership at the Fed within months, investors will be listening for any hint of shifting interest-rate plans from the policy makers Read the full story
Central banks' pursuit of inflation has turned Sisyphean and
some are calling for it to end
Central banks globally have spent years fruitlessly trying to awaken long-dormant inflation, and some analysts say it’s time to stop trying.
Read more: https://www.cnbc.com/2017/08/
Central banks globally have spent years fruitlessly trying to awaken long-dormant inflation, and some analysts say it’s time to stop trying.
Read more: https://www.cnbc.com/2017/08/
African Development Bank debars state-owned China firm for
fraud
The FCPA Blog
A China state-owned enterprise was debarred for at least a year by the African Development Bank (AfDB) Tuesday for lying about its past experience. Read the full story
A China state-owned enterprise was debarred for at least a year by the African Development Bank (AfDB) Tuesday for lying about its past experience. Read the full story
Should Credit Card Perks Coax You to Go Steady
With a Bank?Chron.com
This article was first published on NerdWallet.com. Banks are increasingly using credit card rewards to woo consumers into long-term relationships, allowing them to sell other financial services. But why remain faithful to one bank for everything: checking, savings, investing, mortgage, home equity lending, auto loans and credit cards? Read the full story
This article was first published on NerdWallet.com. Banks are increasingly using credit card rewards to woo consumers into long-term relationships, allowing them to sell other financial services. But why remain faithful to one bank for everything: checking, savings, investing, mortgage, home equity lending, auto loans and credit cards? Read the full story
Focus shifts to central bankers'
meeting9news.com.au
World stocks have steadied and the US dollar edged up as investors switched their focus from political concerns to speculation over shifts in monetary policy as the annual Jackson Hole gathering begins. The MSCI World index, which fell to a five-week low on Monday following days of turmoil at the White House, a deadly attack in Spain and worries over North Korea, was flat on Thursday. Wall Street futures pointed slightly higher, while gains by cyclicals helped Europe's STOXX 600 benchmark index Read the full story
World stocks have steadied and the US dollar edged up as investors switched their focus from political concerns to speculation over shifts in monetary policy as the annual Jackson Hole gathering begins. The MSCI World index, which fell to a five-week low on Monday following days of turmoil at the White House, a deadly attack in Spain and worries over North Korea, was flat on Thursday. Wall Street futures pointed slightly higher, while gains by cyclicals helped Europe's STOXX 600 benchmark index Read the full story
Bank of America Merrill Lynch has become the
latest bank to implement AI (BAC)
Business Insider UK
Business Insider UK
This story was delivered to BI Intelligence "Fintech
Briefing" subscribers. To learn more and subscribe, please click here. Bank of
America Merrill Lynch (BAML) has revealed that it is implementing enterprise
software fintech HighRadius' artificial intelligence (AI) solution to speed up
receivables reconciliation for the bank's large business clients. (Receivables
refers to all debts and unsettled transactions owed to a company by its debtors
and customers.) Large companies with numerous Read the full story
Deutsche Bank relies on LONDON: Germany’s biggest
bank reveals the true VALUE of staying
Express
DEUTSCHE Bank is targeting Britain's wealthiest people amid Brexit, as part of its plans to recover its flagging business. Germany's biggest lender wants to increase the number of its rich UK customers by expanding its asset management business in London. The financial giant is adding a number of customer advisors in the hope of also attracting people from China and Middle East based in Britain's capital. Deustche Bank believes many of these potential clients will still be in London after Brexit Read the full story
Express
DEUTSCHE Bank is targeting Britain's wealthiest people amid Brexit, as part of its plans to recover its flagging business. Germany's biggest lender wants to increase the number of its rich UK customers by expanding its asset management business in London. The financial giant is adding a number of customer advisors in the hope of also attracting people from China and Middle East based in Britain's capital. Deustche Bank believes many of these potential clients will still be in London after Brexit Read the full story
TREASURIES/ BONDS/ STOCKS
US stocks try to cap winning week; Yellen and
Draghi speakCNBC
Investors firmly focused on Jackson Hole, Wyoming today, where they'll hear speeches from Fed Chair Janet Yellen and ECB President Mario Draghi. Read the full story
US Treasurys mixed as Jackson Hole meeting takes center
stage
U.S. government debt prices were mixed on Friday, as
investors awaited more news out of the monetary policy symposium taking place at
Jackson Hole.
Read more: https://www.cnbc.com/2017/08/
Read more: https://www.cnbc.com/2017/08/
A Tale of Two Treasury Yields: Are Investors Worried
About the Debt Ceiling?
Barron's
Treasury notes set to expire in October have higher yields
than those expiring in early November, a sign that the market is nervous.
Read the full story
Risk of sharp currency moves drives investors into
hedged ETFs
Reuters
Investors have been piling into currency-hedged equity tracker funds, seeking protection against big moves in foreign exchange rates. Read the full story
Reuters
Investors have been piling into currency-hedged equity tracker funds, seeking protection against big moves in foreign exchange rates. Read the full story
INSURANCE
Insurer Aetna reveals HIV status of clients in
mailing to 12,000My San Antonio
Insurer Aetna Inc. inadvertently revealed the HIV status of some clients in a mailing about medication for the disease sent to about 12,000 people last month. Read the full story
Researchers from Yale University School of
Medicine Provide Details of New Studies and Findings in the Area of Medicare and
Medicaid (The Influence…
Insurance News
Researchers from Yale University School of Medicine Provide Details of New Studies and Findings in the Area of Medicare and Medicaid (The Influence of Medical Insurance on Patient Access to Orthopaedic Surgery Sports Medicine Appointments Under ...) By a News Reporter-Staff News Editor at Insurance Weekly News -- Data detailed on Medicare and Medicaid have been presented. According to news originating from New Haven, Connecticut , by VerticalNews correspondents, research stated, "The goal of the Read the full story
Insurance News
Researchers from Yale University School of Medicine Provide Details of New Studies and Findings in the Area of Medicare and Medicaid (The Influence of Medical Insurance on Patient Access to Orthopaedic Surgery Sports Medicine Appointments Under ...) By a News Reporter-Staff News Editor at Insurance Weekly News -- Data detailed on Medicare and Medicaid have been presented. According to news originating from New Haven, Connecticut , by VerticalNews correspondents, research stated, "The goal of the Read the full story
United States and Global Insurance Brokerage
Market : MarketResearchReports.biz
Insurance News
Latest industry research report on: United States and Global Insurance Brokerage Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, ForecastsAlbany, NY -- (SBWIRE) -- 08/24/2017 -- This report studies the Insurance Brokerage on United States and global market, focuses on the top players in US market and also the market status and outlook by type and application.Geographically, this report is segmented into several key regions, with Read the full story
Insurance News
Latest industry research report on: United States and Global Insurance Brokerage Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, ForecastsAlbany, NY -- (SBWIRE) -- 08/24/2017 -- This report studies the Insurance Brokerage on United States and global market, focuses on the top players in US market and also the market status and outlook by type and application.Geographically, this report is segmented into several key regions, with Read the full story
Fix My Finances: What are my health insurance
options?
Yahoo Finance
In this episode, we flipped the script and had our own Melody Hahm speak with a health insurance expert about some questions that she and our viewers had about the Affordable Care Act (ACA) health exchanges. Under the Affordable Care Act, children are able to stay on their parents’ health insurance until they turn 26. If you’re not ready to leave your parents’ insurance quite yet, there is an option to stay on until age 29, although not all health insurance companies provide it. Read the full story
Yahoo Finance
In this episode, we flipped the script and had our own Melody Hahm speak with a health insurance expert about some questions that she and our viewers had about the Affordable Care Act (ACA) health exchanges. Under the Affordable Care Act, children are able to stay on their parents’ health insurance until they turn 26. If you’re not ready to leave your parents’ insurance quite yet, there is an option to stay on until age 29, although not all health insurance companies provide it. Read the full story
CURRENCIES
A ZAR for the digital age: Is SARB planning a
national cryptocurrency?
FX-MM
In July, the South African Reserve Bank (SARB) signalled its intention to begin regulating virtual currencies. The announcement that the central bank would be trialling cryptocurrency regulations,... Read the full story
FX-MM
In July, the South African Reserve Bank (SARB) signalled its intention to begin regulating virtual currencies. The announcement that the central bank would be trialling cryptocurrency regulations,... Read the full story
Commodity Currencies Rises As Most Asian Stock
Markets Traded Higher
RTTNews
Commodity currencies such as the Australian, the New Zealand, and the Canadian dollars strengthened against their major counterparts in the Asian session on Friday, as most Asian stock markets traded higher after investors looked ahead to speeches from key central bankers later today at their annual meeting in Jackson Hole, Wyoming. Read the full story
RTTNews
Commodity currencies such as the Australian, the New Zealand, and the Canadian dollars strengthened against their major counterparts in the Asian session on Friday, as most Asian stock markets traded higher after investors looked ahead to speeches from key central bankers later today at their annual meeting in Jackson Hole, Wyoming. Read the full story
Jackson Hole has the dollar on ‘the edge of a
cliff’ — here’s how to play its next
move
MarketWatch
MarketWatch
Traders have one eye on Jackson Hole, with the other on
Hurricane Harvey. Ahead of Janet Yellen and Mario Draghi’s speeches, a key
dollar index is “clinging to the edge of a cliff,” says today’s call, as it says
how to play the buck’s next move. Read the full story
Forex - Dollar little changed vs. rivals, eyes on central
banks
Investing.com© Reuters. Dollar holds steady against otheer majors ahead of Jackson Hole remarks Read the full story
Forex - USD/CAD slips lower vs. loonie in early
tradeInvesting.com
© Reuters. Greenback edges down vs. loonie despite U.S. data Read the full story
© Reuters. Greenback edges down vs. loonie despite U.S. data Read the full story
Forex - Dollar gains further against yen after
Japan CPI as expectedInvesting.com
© Reuters. Yen weaker in Asia Read the full story
Pound to Euro parity LATEST: How to get the best
rate and stop it ruining your holiday
Express
Express
THE pound to euro exchange rate hit British
holidaymakers after plunging to an eight-year low – but an expert is on hand to
help you get the best rate. The pound to euro rate hit an eight-year low, on
Thursday, after dropping to €1.083 as the UK’s Q2 growth data. However,
on Friday
morning the rate did begin to recover, hitting €1.086.
Amid the diving pound to euro rate, it has been reported airports have been
offering less than £1 for €1 due to the dismal exchange rate. Read the full story
Pound-Euro exchange rate: Sterling recovers
slightly but analysts see more pain ahead
The Independent
The pound recovered marginally from hitting an eight-year low against the euro earlier this week, but analysts cautioned that more weakness was likely to be in store for the battered currency as Brexit uncertainty bruises the economy. Read the full story
The Independent
The pound recovered marginally from hitting an eight-year low against the euro earlier this week, but analysts cautioned that more weakness was likely to be in store for the battered currency as Brexit uncertainty bruises the economy. Read the full story
GBP v AUD – Focus on Jackson Hole speeches pushes
sterling lower
Express
THE pound is weakening this morning versus the Australian dollar ahead of this evening’s key speeches from US and Eurozone central bankers and the Federal Reserve’s Jackson Hole symposium. A lack of fresh UK data, combined with market hopes that the interest rate outlook for the US will remain gloomy for the remainder of the year, has pushed GBP/AUD down -0.2 per cent so far this morning to AU $1.618. The pound continues to be undermined this morning by the underlying data from yesterday’s Read the full story
Express
THE pound is weakening this morning versus the Australian dollar ahead of this evening’s key speeches from US and Eurozone central bankers and the Federal Reserve’s Jackson Hole symposium. A lack of fresh UK data, combined with market hopes that the interest rate outlook for the US will remain gloomy for the remainder of the year, has pushed GBP/AUD down -0.2 per cent so far this morning to AU $1.618. The pound continues to be undermined this morning by the underlying data from yesterday’s Read the full story
USA
AMERICAN IN NAME ONLY? Airline's workers say
maintenance jobs being sent overseas
Fox Business
American Airlines workers held another protest against job outsourcing Thursday, this time in Miami. Read the full story
Fox Business
American Airlines workers held another protest against job outsourcing Thursday, this time in Miami. Read the full story
The Weeds: the US economy is not as great as Trump
thinks it is
Vox
Vox
Our economy faces two crises: severe inequality and the
rise of highly concentrated markets. Read the full story
Foreign Investment Is Key For America's Economic
Future
Foundation for Economic Education
Foundation for Economic Education
What’s the worst government statistic, based on whether
it distracts from sound thinking and encourages bad policy? Well, I definitely
think gross domestic income is a better measure than gross domestic product if
we want insights on growth, so I’m not a big fan of GDP data. I’m even less
enthused about the Gini Coefficient because measures of inequality lead some
people to mistakenly think of the economy as a fixed pie, or to falsely think
that lots of income for a rich person somehow implies Read the full story
Hurricane Harvey strengthens, threatens US with most powerful
storm in 12 years
The National Hurricane Center is calling Hurricane Harvey life-threatening.
Read more: https://www.cnbc.com/2017/08/
The National Hurricane Center is calling Hurricane Harvey life-threatening.
Read more: https://www.cnbc.com/2017/08/
Fed
Chair Yellen set to deliver what could be historic speech in Jackson
Hole
Chair Janet Yellen will be giving what could be her last
speech at the Fed confab in Jackson Hole, Wyoming, closing out a remarkable
decade in central banking.
Trump to begin big tax reform push next week, Cohn
says
CNBC
President Donald Trump will start its campaigning for tax reform next week. Read the full story
CNBC
President Donald Trump will start its campaigning for tax reform next week. Read the full story
EMERGING MARKETS
3 Emerging Market Must Reads On Influence: China,
Petrobras, GoogleBarron's
A roundup of news from China, Brazil and beyond with
equities moving higher in early trading. Read the full story
The Newest China ETF Has Been On
Fire
Benzinga
Emerging markets exchange traded funds are performing well this year, easily topping their US-focused counterparts along the way. Within the realm of emerging markets funds, the ETFs that are truly impressing usually share one trait in common: large exposure to Chinese Internet stocks. There are dedicated China Internet ETFs and diversified emerging markets funds that feature large exposure to these stocks that, in many cases, is well above what investors find in traditional, diversified Read the full story
Benzinga
Emerging markets exchange traded funds are performing well this year, easily topping their US-focused counterparts along the way. Within the realm of emerging markets funds, the ETFs that are truly impressing usually share one trait in common: large exposure to Chinese Internet stocks. There are dedicated China Internet ETFs and diversified emerging markets funds that feature large exposure to these stocks that, in many cases, is well above what investors find in traditional, diversified Read the full story
Playing The Emerging Markets Trade With Leveraged
ETFs
Benzinga
The MSCI Emerging Markets Index is up more than 25 percent year-to-date, putting the widely-followed gauge of developing world equities on pace for its best annual performance since 2012. Investors are responding, making emerging markets exchange traded funds (ETFs) some of this year's top asset-gathering funds. Risk-tolerant, tactical traders can take advantage of short-term emerging markets trends with leveraged ETFs, such as the Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSE: EDC). Read the full story
Benzinga
The MSCI Emerging Markets Index is up more than 25 percent year-to-date, putting the widely-followed gauge of developing world equities on pace for its best annual performance since 2012. Investors are responding, making emerging markets exchange traded funds (ETFs) some of this year's top asset-gathering funds. Risk-tolerant, tactical traders can take advantage of short-term emerging markets trends with leveraged ETFs, such as the Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSE: EDC). Read the full story
MIDDLE
EAST
Weekly anti-Netanyahu rallies grow larger in
Israel
ABC News
Scandals leave Israel's Netanyahu facing growing grassroots protest movement demanding his indictment, removal from office Read the full story
ABC News
Scandals leave Israel's Netanyahu facing growing grassroots protest movement demanding his indictment, removal from office Read the full story
Egypt could be a pawn in the US’s North Korea
offensive — if it had the foresight
CNBC
The U.S.’s moves on Tuesday to cancel state aid to Egypt prompted suggestions that the Middle Eastern country may have become little more than a bargaining chip in a wider strategy to apply to North Korea. But analysts have suggested this could be something of an ambitious notion given the administration’s track record. Read the full story
CNBC
The U.S.’s moves on Tuesday to cancel state aid to Egypt prompted suggestions that the Middle Eastern country may have become little more than a bargaining chip in a wider strategy to apply to North Korea. But analysts have suggested this could be something of an ambitious notion given the administration’s track record. Read the full story
AFRICA
EU, Nigeria Collaborate to Improve Quality of
Banned ProductsAllAfrica
EU, Nigeria Collaborate to Improve Quality of Banned Products The European Union is assisting Nigerian authorities to improve the quality of some exports which had been banned due to the products' deficiency in meeting European specifications, an official has said. Nigeria: EU, Nigeria Collaborate to Upgrade Banned Exports Read the full story
Post-apartheid South Africa is failing the very
people it liberated
Quartz
Any progress made to liberate South Africa’s black majority since apartheid ended two decades ago looks to have been undone in just five short years,… Read the full story
Quartz
Any progress made to liberate South Africa’s black majority since apartheid ended two decades ago looks to have been undone in just five short years,… Read the full story
SA has a role to play in the Middle East -
Zuma
Engineering News
South Africa can play a role in the Middle East and will help resolve conflicts there if given the opportunity, President Jacob Zuma said on Friday. “This world must be at peace with itself and I hope there will be more time to discuss the solutions,” he said while receiving letters of credence from heads of missions at the Presidential Guest House in Pretoria. Read the full story
Engineering News
South Africa can play a role in the Middle East and will help resolve conflicts there if given the opportunity, President Jacob Zuma said on Friday. “This world must be at peace with itself and I hope there will be more time to discuss the solutions,” he said while receiving letters of credence from heads of missions at the Presidential Guest House in Pretoria. Read the full story
South African Changemakers are gathering with Lead
SA to inspire the nation
Good Things Guy
The Lead SA Changemakers Conference is happening this weekend and the lineup of inspirational speakers is too good to miss out, find out more below. The Lead SA Changemakers Conference is in it's third year and the line up of inspirational speakers this year is one not to miss. The conference invites people to... Read the full story
Good Things Guy
The Lead SA Changemakers Conference is happening this weekend and the lineup of inspirational speakers is too good to miss out, find out more below. The Lead SA Changemakers Conference is in it's third year and the line up of inspirational speakers this year is one not to miss. The conference invites people to... Read the full story
Zimbabwe: Cotton Firms Under
Probe
AllAfrica
Agriculture, Mechanisation and Irrigation Development Minister Joseph Made has threatened to bring all cotton marketing activities under Government control to prevent smuggling and side marketing by private firms, accused of causing disorderly marketing. In an interview this week, Dr Made said his ministry had also opened investigations into allegations that some private buyers were under-cutting Zimbabwe's efforts of growing cotton earnings by influencing farmers to divert the crop into foreign Read the full story
AllAfrica
Agriculture, Mechanisation and Irrigation Development Minister Joseph Made has threatened to bring all cotton marketing activities under Government control to prevent smuggling and side marketing by private firms, accused of causing disorderly marketing. In an interview this week, Dr Made said his ministry had also opened investigations into allegations that some private buyers were under-cutting Zimbabwe's efforts of growing cotton earnings by influencing farmers to divert the crop into foreign Read the full story
ASIA
Mainland China shares reach 19-month high on
upbeat corporate earnings
South China Morning Post
South China Morning Post
Hang Seng Index closes up 1.2 per cent, or 329 points,
to 27,848 Read the full
story
Opinion: North Korea sanctions are finally getting
serious
Fox News
The Treasury Department sanctioned 10 firms and six individuals this week for facilitating North Korea's proliferation activities, illicit financial transactions, and sanctions evasion. Read the full story
Fox News
The Treasury Department sanctioned 10 firms and six individuals this week for facilitating North Korea's proliferation activities, illicit financial transactions, and sanctions evasion. Read the full story
#SWMEThemes: China's Space Silk Road and the
Middle East - The Israeli Perspective
SpaceWatch Middle East
In Part Five of the SpaceWatch Middle East multi-week theme on China's Space Silk Road and the Middle East, leading Israeli space scholar Dr. Eytan Tepper provides an Israeli perspective. Dr. Tepper points out that while there is a tremendous amount of mutual opportunity between Israel and China on the Space Silk Road, Tel Aviv... Read the full story
SpaceWatch Middle East
In Part Five of the SpaceWatch Middle East multi-week theme on China's Space Silk Road and the Middle East, leading Israeli space scholar Dr. Eytan Tepper provides an Israeli perspective. Dr. Tepper points out that while there is a tremendous amount of mutual opportunity between Israel and China on the Space Silk Road, Tel Aviv... Read the full story
China may be crippling some of its largest companies with a
crackdown on investment
If Beijing were to order a sale of company assets, it could end up hurting, rather than helping, the bottom line.
Read more: https://www.cnbc.com/2017/08/
If Beijing were to order a sale of company assets, it could end up hurting, rather than helping, the bottom line.
Read more: https://www.cnbc.com/2017/08/
EUROPE
U.K. Keeps Mum on the Brexit Bill It Must Pay for
Trade Deal
Bloomberg
The U.K. spent the summer publishing an avalanche of documents on Brexit but stayed silent on the one topic most likely to derail a deal: how much money it will pay the European Union. Investors have noticed. The U.K. made concessions to the EU in some of its position papers, yet sterling still fell on Wednesday to its weakest level against the euro since October. Ignore that month’s so-called flash crash and the pound was at its lowest in eight years. “The thing that worries us is that it looks Read the full story
Bloomberg
The U.K. spent the summer publishing an avalanche of documents on Brexit but stayed silent on the one topic most likely to derail a deal: how much money it will pay the European Union. Investors have noticed. The U.K. made concessions to the EU in some of its position papers, yet sterling still fell on Wednesday to its weakest level against the euro since October. Ignore that month’s so-called flash crash and the pound was at its lowest in eight years. “The thing that worries us is that it looks Read the full story
'It's COMPLETELY s***!' European trucker RAILS
AGAINST 'unnecessary' Brussels red tape
Express
A EUROPEAN trucker savaged the European Union’s customs union during a passionate rant about the bloc’s “unnecessary” system. The man railed against the bureaucratic system which slows down his work hauling shipments across the Continent. The British Government has announced it will seek a transitional deal to remain a part of the customs union to avoid a Brexit “cliff edge” for businesses. Read the full story
Express
A EUROPEAN trucker savaged the European Union’s customs union during a passionate rant about the bloc’s “unnecessary” system. The man railed against the bureaucratic system which slows down his work hauling shipments across the Continent. The British Government has announced it will seek a transitional deal to remain a part of the customs union to avoid a Brexit “cliff edge” for businesses. Read the full story
EU betrayed them! Macron SNAPS at Brussels as
desperate reform attempt hits the rocks
Express
FRENCH President Emmanuel Macron blasted Brussels big wigs for "betraying European values" by helping low-wages countries with an unfair tax regulation. The usually pro-European leader harshly addressed the institution's directive that allows companies from low-wage nations to richer EU countries without having to pay their local taxes and social charges. In a press conference broadcasted by Deutsche Welle from Salzburg, Austria, Macron stated the EU was creating division between member states. Read the full story
Express
FRENCH President Emmanuel Macron blasted Brussels big wigs for "betraying European values" by helping low-wages countries with an unfair tax regulation. The usually pro-European leader harshly addressed the institution's directive that allows companies from low-wage nations to richer EU countries without having to pay their local taxes and social charges. In a press conference broadcasted by Deutsche Welle from Salzburg, Austria, Macron stated the EU was creating division between member states. Read the full story
Markets await key Draghi and Yellen speeches;
Provident Financial tops FTSE 100 for third consecutive day
The Telegraph
FTSE 100 nudges up early on with Provident Financial recovering a further 8pc after shaking up its home credit division Ahead of key speeches by US Fed chair Janet Yellen and ECB president Mario Draghi at the Jackson Hole central banking conference, the pound has touched back over $1.28 against the dollar Much anticipated Draghi Speech due at 8pm (BST); ECB expected to unveil the winding down of its bond buying programme in the coming months Read the full story
The Telegraph
FTSE 100 nudges up early on with Provident Financial recovering a further 8pc after shaking up its home credit division Ahead of key speeches by US Fed chair Janet Yellen and ECB president Mario Draghi at the Jackson Hole central banking conference, the pound has touched back over $1.28 against the dollar Much anticipated Draghi Speech due at 8pm (BST); ECB expected to unveil the winding down of its bond buying programme in the coming months Read the full story
Banks Warned Over Brexit
Move
Handelsblatt Global
European regulators are urging London's banks to speed up their transfer of operations to the Continent – or risk missing the 2019 Brexit deadline. Read the full story
Handelsblatt Global
European regulators are urging London's banks to speed up their transfer of operations to the Continent – or risk missing the 2019 Brexit deadline. Read the full story
Blessed and Highly Favored:
CBI Update:
Closed on Saturday
Kauaihn Chatter:
8-25-2017 Intel Guru
Frank26 In January, they said we had to postpone it,
and now we feel that 90 days, well actually over three months ago, that
postponement was null and void, and they started the lifting of the
three zeros. And they told you that Mosul was liberated. And they got you the
information that Chapter 7 is lifted. So now, what is next?
Internationalism. Do you see it pouring into Iraq? We sure
do...Article after article after article is telling us these things. We are in
the last two weeks of this month... So, we’ve come all the way from
December, January, May...June, July, August...Here we are. I want to say
this much...there are going to be regional elections that are going to be rather
important for Abadi; and, what he wants to do with the GOI and Parliament.
And...I believe that it would be wise for Abadi to consider announcing
the, uh, the revaluation of their currency before those elections
start. [post 3 of 3]
8-25-2017 Intel Guru
Frank26 Well, the next thing you know, Mosul
evolved... February, March, April...Then came along May. ...we
believe that on May 28th, the IMF gave the CBI (Alak), the rate that they should
use. When June came around, they still weren’t ready. They still
hadn’t even announced that we had Mosul liberated. So, on the 7th of June,
we suggested to you that they had lifted the three zeros...
August comes around...sure enough...On the 2nd, they get their money, which is
the evidence that Chapter 7 was lifted. [post 2 of 3... stay
tuned]
8-25-2017 Intel Guru Frank26 ...in December of last year, the IMF was able to put...meetings together... They were all well-orchestrated by the IMF and the United States Treasury; and...they got a plan, and they said...This is what you’re gonna have to do...you’re going to have to float your currency slowly, gradually. That way, you’ll be able to control your inflation. Now, starting in January...as much as we thought we were ready when we got together in December ...it turns out that...No... ...we have terrorists here...So, on the 16th of January, they put out an article...Alak, the Governor of the Central Bank of Iraq says: hey, you know the lifting of the three zeros? You know, to add purchasing power? ...We’re going to have to postpone it. Now...the fact that they even mentioned this plan...It’s powerful. IMO [post 1 of 3....stay tuned]
8-25-2017 Newshound Guru Kaperoni The IMF next loan to Iraq of about $5 billion about to be released.
8-25-2017 Intel Guru Delta reinstating. 1. to put back or establish again, as in a former position! IT CAN'T BE AT PROGRAM RATE!!! [reference Guru Walkingstick post 8-24-2017]
8-25-2017 Intel Guru Bruce I checked in with several sources and...I didn’t get any new Intel on Iraq...from what I understand Iraq is done. All the ATMs in the entire country are on, the lower denoms have been coming out for days, and basically they have their RV in country at good rates. We know people who have the Qi cards, they are charged up and available and they know the rate on the card which is very high and they have access to their funds. So in a very real way Iraq is international. When we are going to get it? It is hard to say. It is so close we should be able to reach out and grab it. We are right there. I just don’t know when it will occur. The rates are high. The Forex guys are trading on the dinar around 1140. That is an indicator that they are trading in the lower numbers and they are getting ready to drop in the new rate. I am hearing the timing is very positive to take place not too far away.
8-25-2017 Intel Guru Frank26 ...in December of last year, the IMF was able to put...meetings together... They were all well-orchestrated by the IMF and the United States Treasury; and...they got a plan, and they said...This is what you’re gonna have to do...you’re going to have to float your currency slowly, gradually. That way, you’ll be able to control your inflation. Now, starting in January...as much as we thought we were ready when we got together in December ...it turns out that...No... ...we have terrorists here...So, on the 16th of January, they put out an article...Alak, the Governor of the Central Bank of Iraq says: hey, you know the lifting of the three zeros? You know, to add purchasing power? ...We’re going to have to postpone it. Now...the fact that they even mentioned this plan...It’s powerful. IMO [post 1 of 3....stay tuned]
8-25-2017 Newshound Guru Kaperoni The IMF next loan to Iraq of about $5 billion about to be released.
8-25-2017 Intel Guru Delta reinstating. 1. to put back or establish again, as in a former position! IT CAN'T BE AT PROGRAM RATE!!! [reference Guru Walkingstick post 8-24-2017]
8-25-2017 Intel Guru Bruce I checked in with several sources and...I didn’t get any new Intel on Iraq...from what I understand Iraq is done. All the ATMs in the entire country are on, the lower denoms have been coming out for days, and basically they have their RV in country at good rates. We know people who have the Qi cards, they are charged up and available and they know the rate on the card which is very high and they have access to their funds. So in a very real way Iraq is international. When we are going to get it? It is hard to say. It is so close we should be able to reach out and grab it. We are right there. I just don’t know when it will occur. The rates are high. The Forex guys are trading on the dinar around 1140. That is an indicator that they are trading in the lower numbers and they are getting ready to drop in the new rate. I am hearing the timing is very positive to take place not too far away.
8-25-2017
Intel/Newshound Guru tman23 [Dr Charountaki: I
am wondering though what a right time means in politics, especially in the
Middle East...] GREAT STATEMENT eh? THIS IS
GOLDEN...BECAUSE THERE NEVER IS AN EXACT RIGHT TIME...! We do know the CBI said
the elimination of the 3 zeros must be at the start of the NEW YEAR and NOT in
the middle of a year or quarter... They also said: ALL the
banks in Iraq fiscal year starts at the first of the New Year and therefore is
when the NEW accounting must start... That being said: I am of the
opinion that the start of 2018 is when... And they have to
educate the people on new currency by media, and advertising in banks....WHICH
THEY HAVE NOT...AND is why there are no LD's in any ATM's...
But, IMO, if start of 2018 is the intended date ...we should begin to
see a flood of articles begin mid
September...
8-25-2017 Newshound Guru Kaperoni Central Banks meeting in Jackson Hole, WY begins today [Thursday, 8-24-17]
8-25-2017 Newshound Guru Kaperoni Central Banks meeting in Jackson Hole, WY begins today [Thursday, 8-24-17]
8-24-2017 Newshound
Guru Walkingstick In short: rate,
matters not... reinstated, is
KEY.
.
.
Elmer:
Not in today
Artmeister:
NotFor Profit" -
GCR/RV Intel SITREP - Friday - August 25, 2017
Received via email for publication at 8:00 PM EDT...
The GCR/RV is the "Healing Bomb" along with GESARA that will heal the world of poverty. The aftermath will be self-sufficiency with the availability of replicators and healing chambers. We will become a money-less society and take to the stars which can already be seen in the Star Trek series. ~ Dinar Chronicles
Nothing will be the same post RV.
Food will taste differently.
Relationships will either collapse or strengthen depending on why they were started in the first place.
Health and exercise will occupy a different priority in your life.
Endless desires to acquire stuff will be replaced with a singular desire to give away everything in sight.
Do you know why money is digitalizing?
Because it's disappearing literally and figuratively.
Do you know why the Elders are giving the common man so much?
Because they are not giving us anything of physical value but rather just digital computer credits on their quantum system to heal the soul of the world.
Making "not for profit" the only true and logical game for this ZIM currency community (aka Zimlandia).
You are signing up for, enrolling in, and redeeming old consciousness for something new in service of a greater good.
All of us are. Every last one.
This makes competition with other human beings a non existent activity. As well as pursuing for profit endeavors. Not to mention the mental construct of physical scarcity of resources disappears in a blink.
Everything, and I mean everything will change post RV.
Whatever you need, you can have at the touch of a button. Instantly, we will all have timeless accessibility to an infinite resource base somewhere in Asia, given to us by someone we shall never meet.
That's a benevolent act. Thank you Elders.
It's also the rest of our lives for generations of our families, and their families, and their families, and their families, and their families, and their families... get it....
Now is that scope of blessing worth all the waiting and suffering to cross this invisible RV transition line versus the harvesting of some transactional investment arbitrage?
Of course it is. Always was. So be strong. Hang tough. Surrender in full. Accept His grace in your life as perpetual and unlimited.
Please join Brothers Yosef, Showme and Moshe this Saturday night at Church Bank (9pm EDT) to discuss this topic of "Not For Profit" in a post RV reality.
https://theclarioncalls.
Also please remember to submit all "Tetelestai" 800# alert sign up requests and future website email memberships to theclarioncalls.com.
Our Human Angel mission will be the best post RV hub for projects, volunteers and archieved information related to all things philanthropy.
And let's go heal the soul of the world together!
God is with us
The GCR/RV is the "Healing Bomb" along with GESARA that will heal the world of poverty. The aftermath will be self-sufficiency with the availability of replicators and healing chambers. We will become a money-less society and take to the stars which can already be seen in the Star Trek series. ~ Dinar Chronicles
Nothing will be the same post RV.
Food will taste differently.
Relationships will either collapse or strengthen depending on why they were started in the first place.
Health and exercise will occupy a different priority in your life.
Endless desires to acquire stuff will be replaced with a singular desire to give away everything in sight.
Do you know why money is digitalizing?
Because it's disappearing literally and figuratively.
Do you know why the Elders are giving the common man so much?
Because they are not giving us anything of physical value but rather just digital computer credits on their quantum system to heal the soul of the world.
Making "not for profit" the only true and logical game for this ZIM currency community (aka Zimlandia).
You are signing up for, enrolling in, and redeeming old consciousness for something new in service of a greater good.
All of us are. Every last one.
This makes competition with other human beings a non existent activity. As well as pursuing for profit endeavors. Not to mention the mental construct of physical scarcity of resources disappears in a blink.
Everything, and I mean everything will change post RV.
Whatever you need, you can have at the touch of a button. Instantly, we will all have timeless accessibility to an infinite resource base somewhere in Asia, given to us by someone we shall never meet.
That's a benevolent act. Thank you Elders.
It's also the rest of our lives for generations of our families, and their families, and their families, and their families, and their families, and their families... get it....
Now is that scope of blessing worth all the waiting and suffering to cross this invisible RV transition line versus the harvesting of some transactional investment arbitrage?
Of course it is. Always was. So be strong. Hang tough. Surrender in full. Accept His grace in your life as perpetual and unlimited.
Please join Brothers Yosef, Showme and Moshe this Saturday night at Church Bank (9pm EDT) to discuss this topic of "Not For Profit" in a post RV reality.
https://theclarioncalls.
Also please remember to submit all "Tetelestai" 800# alert sign up requests and future website email memberships to theclarioncalls.com.
Our Human Angel mission will be the best post RV hub for projects, volunteers and archieved information related to all things philanthropy.
And let's go heal the soul of the world together!
God is with us
Catnip:
ARTICLE 1 (from PM Abadi's
website)
No new posting(s) since those included
in yesterday's report.
*************
ARTICLE 2
Sadr to France, Germany, Belgium, Italy
and the Vatican soon
BAGHDAD (Reuters) - The leader of the
Sadrist movement, Moqtada al-Sadr, is preparing for a European tour that
includes France, Germany, Belgium, Italy and the Vatican to be formalized for
meetings with senior officials in these countries, the London-based Al Hayat
newspaper reported on Friday.
"The European tour will not be
different from the previous visits, and will focus on the dedication of openness
of Iraq and calls on companies to invest in the country and reconstruction of
areas affected by terrorism and provide support to the government," pointing to
Sadr's visit to Saudi Arabia and the United Arab Emirates recently " .
AH
*************
ARTICLE 3
Iraqi forces converge in the center of
Tal Afar and reach the outskirts of the Muthanna neighborhood to the
east
NINEWA, Iraq, Aug 26 (KUNA) - Iraqi
forces met in the center of Tal Afar district today, after advancing from two
axes towards the judicial center, the military information cell said. Within the
operations of the seventh day
"The forces of the 10th and 11th
brigades met in the center of Tall Afar district and took control of a number of
weapons and ammunition stores belonging to Daish." The crowd and security forces
managed to reach the outskirts of Al-Muthanna district after violent
confrontations with elements of Daash, northeast of Tal Afar "He
said.
*************
ARTICLE 4
Operations Command announces liberated
and remaining neighborhoods in the city of Tal Afar
Nineveh - August 26 - Operation
Commanders of Tal Afar announced the position of liberated neighborhoods that
have been under the control of the Da'ash organization in the past five
days.
"The position of the liberated and
liberated neighborhoods and the areas of operations coming to Tal Afar according
to each axis from the beginning of the operation from August 20 to August 25,
2017, was the liberation of five neighborhoods out of six," the commander of
operations, Major General Abdel-Amir Rashid Yaarallah said in a statement.
Southwest Division / axis of the anti-terrorism forces, "noting that" liberated
neighborhoods are the southern struggle, the southern industry and laboratories,
teachers, appeal, the forefront, and the undeveloped neighborhood is the
district of the castle. "
"Three neighborhoods out of six were
liberated by the federal police, rapid response, and popular north / north
parts, the northern struggle, Unity, Saad," Yarallah said, adding that "the
neighborhoods of spring, Qadisiyah 1, Qadisiyah 2 are still unedited Within the
said segment. "
He pointed out that "the Eastern Axis
forces, the 9th Armored Division, the Al-Abbas (Combat) Brigade, the Imam Ali
Brigade and the Ali Ali Al-Akbar Brigade, liberated eight districts out of 16,
including South Island, North Island, Green, Tanak, , The first Arabism,
"pointing out that" the remaining neighborhoods within this axis are Hassan Kui,
Araba 2, Muthanna 1, Muthanna 2, peace, the area of the Boari, northern
industry, military. "
He said that "the area of Tal Afar
district is 26,600 km 2, 16.100 km 2 has been liberated, and the area of
10,500 km2 remains unedited."
*************
ARTICLE 5
The crowd controls the Tal Afar water
station
2017/8/26 12:10
[Ayna-Baghdad]
On Saturday, the Popular Popular Forces
took control of the Tal Afar water station in the center of the district. "The
second brigade in the popular crowd took control of the water station in the
district of Tal Afar after strong confrontations with the elements," the media
said in a statement.
"Popular forces continue to advance the
liberation of Tal Afar from the crowd," he said.
***************
ARTICLE 6-A
URGENT
TALAFAR: Military operations continue
2017/8/26
11:55
***************
ARTICLE 6-B
Edit حي العروبة الثانية ومطاع البواري في طلعفر
(translation app would not translate this...wonder what it
says!!)
2017/8/26 12:13
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