Tuesday, August 8, 2017

Word on the Street Tuesday 8/8/17

Word on the Street Tuesday 8/8/17:






Tuesday UPDATE for August 8, 2017

Reports coming to me from Iraqi TV, scuttlebutt from the mosque and conversations being shared among the citizens in Iraq:

2 days to see the  article 140 agreement in full activation.
ATM's are to be fully loaded (fils and lower denoms) on or by August 20.
Lower denoms are to be available on or by August 21 with the 1:1 ratio in effect.
Citizens are to be paid at the 1:1 ratio on August 21. 
4 million cards are being mailed to citizens with a target date of August 21.
The public international revealing is supposedly several days after August 21. Time will tell!
Let's see how all of this unfolds and keep a watchful eye on other currencies.........JUST IN CASE! smile  
I report..........YOU decide. #wearethepeople



TNT CONFERENCE CALL MONDAY 8/7/17 DC NY CALL RECAP:
Good afternoon TNT Superfantastic Family. Today is Marvelous Monday. All we can do with the past is put it behind us and see how it affects the future. There has been back and forth news, politics, and I am just sticking to what is pertinent. There is a lot of info out there. The info that I feel is pertinent is what I give you. The news would have you think and rumors that August 21, its going down then, and now look what we have today. We have some good events. Kurds either on the way to Baghdad or already there to discuss their issues and get article 140 activated. It is believed that will take place in 2 days. The poll to the budget is supposed to be rescinded and held things up. As far as military pay, in July I believe initially and then August 6 and 7 and today Rasheed and Rafidain Bank said the payments would go into effect today. Is it based on 1-1 or new or old rate. Long as this moves along and know that is coming. We just wait and see. We are still looking for the ultimate prise. That is the Iraq information for this week and next couple days. If article 140 gets activated the lower denoms that says we are still there. That is a great sign. We also want to be thinking about the other currencies and things are going on. I am awaiting new info pertaining to that. Keep your eyes and ears open on that since we never when the next opportunity shows up so you can take advantage of that. Q and A: Q: Insurance requirement needs to accomplished for the GOI? Appartently more needs to be done on the IMF approval. Ray: Now that it is September, I am still saying no. That is based on what I heard.. Q: Any speculation on what and why this is being held up? Ray: Somebody still fighting what they want out of this deal. Q: It is beginning to look like Abadi is beating a different drum? Lies being told to the Iraq people, is there any other entity like the IMF able to circumvent this RV? Ray: I would think if they could they would make a move. Q: Just wondering post RV the rates on forex would be reflected at the banks? Ray: I believe so since that would be the rate for that day. If not we would be able to participate in the marketplace and manuveur. Q; Is it possible to have this RV sneak up on us and surprise even you? Ray: No way it could surprise me or anyone since too many people look out for this 24-7. Q; Articles keep coming out about salaries being paid and at what rate? Ray: What rate is the issue and hearing back pay of retirees being paid? This is supposed to be at 1-1 at the new rate and same for the contractors. Q: I have heard you say make sure your currency is verified before we give it up. All we have is a book and afraid they will send it off. Ray: If they are following a book and saying this is what it is, that is all you need. That is the agreement and you verified it. If they say no go to another bank. Callers: Caller: Catnip: 865 My question of not having a call on Friday not getting any feedback and just curious and what is being shared thru the mosques? Ray: Nothing is being shared lately. Catnip: In prior calls things coming thru on Iraqi TV, regarding Kurdistan. How is that handed from your sources? Ray: I really don't know and not a lot of conversation about it. Catnip: In the gazette and how many more things are we expecting. Ray: No expectation of anymore being in the Gazette. Caller: 232 I did observe it is very rare that I hear new people coming on the call? Ray: No there is no preference. Caller: 586: Do you think it will go into 2018 and I dont think it is probable based on the current info? If all goes accordingly, it should be over this month based on what they are saying Caller: 386: What did you mean by Zimbabwe being a dead currency? Ray: Technically it is not supposed to be worth anything. That is how I view the ZIM that we bought and may have some value in the future. Under the table there are some things are going on. I do think it will be worth a whole lot. I do think it will do something. . Ray's Wrap Up: We are on this road having fun along the way to keep some sanity. While the window of opportunity is still there, if you have any type of retirement account, I think you would be doing yourself a disservice if you don't check out a self directed IRA. There is a way you can put this to work. We are going into the future and you have to decide if you are ready to along also. Looks like things could pop out this week and I am refereing the whole Iraqi situation. I know we are all counting on is looking good. It should have happened and will know in the next few days. We might see something exciting take place. If we see an opportunity out there, I will have a call and how to act on it. It the meantime and in between time lets see what happens next. I am excited. I Believe! How about you? Rayren98
Forex Rates: 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,141.8000  1,192.6000 1,141.8000 1,141.3000 1,141.3000  0.5000 07:09
 USD/VND  22,397.0000  23,074.0000 22,397.0000 22,389.0000 22,389.0000  8.0000 07:09
 USD/CNY  6.7028  6.7032 6.7226 6.6939 6.7203  -0.0175 07:10
 USD/KWD  0.3014  0.3024 0.3015 0.3011 0.3015  0.0000 04:59
 GBP/USD  1.3026  1.3026 1.3052 1.3021 1.3033  -0.0008 07:09
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  13,307.0000  13,316.5000 13,321.0000 13,296.0000 13,314.0000  -7.0000 07:09
CNBC Link:  
CNBC Morning Squawk Link:
Tish:

Donald Trump Loves Gold, and Not Just on His Real Estate
It isn't one of the talking points his communications office has addressed, and it hasn't been the subject of impromptu remarks at speaking engagements. Nonetheless, it's clear that Donald Trump adores gold. In September 2011, he accepted a security deposit of $176,000 in the form of gold bullion. And in a 2016 interview with GQ, he opined: "Bringing back the gold standard would be very hard to do, but boy, would it be wonderful. We'd have a standard on which to base our money."

This is insufficient material, though, for us to be sure of his stance. Rather, it's his comments regarding the dollar -- and commerce in general -- that provide enough substance for us to discern his perspective. Since the price of gold often moves in opposition to the value of the dollar, it's logical to conclude that his comments, or actions, that adversely affect the strength of the dollar will, consequently, benefit gold prices.

So let's grab our shovels and unearth the evidence proving that Trump is an aficionado of gold.
IMAGE SOURCE: PIXABAY.

Blame it on the tractors

Although Trump apparently embraces the gold standard, the likelihood that the U.S. will return to it would be highly unlikely at best. It's his comments from a Republican debate that suggests his love of gold. Addressing what he characterized as unfair trade practices, Trump suggested that the U.S. has lost between 4 million and 7 million jobs because of China's efforts to devalue its currency.
Japan compounded the problem, he said, by devaluing the yen, giving companies such as Komatsu an edge over American-based companies. Trump claimed: "Friends of mine are ordering Komatsu tractors now because they've devalued the yen to such an extent that you can't buy a Caterpillar tractor. And we're letting them get away with it, and we can't let them get away with it."
^DXY DATA BY YCHARTS.
Apparently, the market has accepted Trump's claims. Since he has assumed office, gold has risen in almost exactly inverse proportion to the dollar index.

Walking back his tough talk -- but only a little

Despite the vitriol he showed regarding foreign currency manipulation during his campaign, Trump has since been more measured in addressing the issue. In an interview with The Wall Street Journal in April, Trump revealed that he didn't intend to label China as a "currency manipulator" -- a claim he made during the campaign. To do so could very well have resulted in a weakening of the dollar and a rise in the price of gold.
But that comment was just a snapshot of the interview.
Later, he returned to addressing the value of the dollar. And according to him, the dollar is getting ahead of itself, suggesting the dollar was "getting too strong" and adversely affecting the economy. He may have been reluctant to place a label on China, but he wasn't afraid to reaffirm his general position: "It's very, very hard to compete when you have a strong dollar and other countries are devaluing their currency."
This statement, paired with his perception that the dollar was too strong, shook the market. Following the interview, the dollar dropped while gold rose.
^DXY DATA BY YCHARTS.

More talk to come later, though?

Consistent with his previous statements, Trump has so far failed to label China as a "currency manipulator," but that hasn't compromised his strong stance against the country. Trade talks between the two nations ended in mid-July without any progress. Both countries agreed, however, to "work cooperatively" in pursuit of reducing the U.S. trade deficit.
And how did the market react to the unproductive trade talks with China? The strength of the dollar has since dropped approximately 1.54% as of this writing, and the price of gold has risen about 2.34%.

Investor takeaway

Hardly one to mince words, Trump has repeatedly proven his willingness to speak his mind on nearly every topic which grabs his attention. Gold, however, is something which he has been less direct about, but judging by his comments about the dollar, one can reasonably infer that he is partial to the yellow metal. This may come as welcome news to gold investors, believing that gold prices will continue to rise through a Trump presidency, but they must temper their excitement.
Trump's perspective on the dollar and trade relations may contribute to upticks in the price of gold, but his opinion is not the stuff upon which investors should base a long-term investment. Savvy investors know that successful investing is as much a matter of patience and discretion as it is recognition of market dynamics. In other words, the price of gold may rise as the president comments on trade relations and a weaker dollar, but these are temporary events -- something which long-term investors should disregard.
Scott Levine has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
07 August 2017 12:46 PM
Direct: The Iraqi government reduced its dependence on oil revenues in the next federal budgets to 85%, according to the International Islamic News Agency, compared to about 95% in the previous budgets.
The government spokesman said in a statement that the financial crisis experienced by the country because of the collapse of oil prices on world markets prompted the government to reduce its dependence on oil revenues in the general budget of the country and compensate the difference through the activation of other sources, "according to the agency.
"The current government was forced to adopt economic policies imposed by the financial crisis to meet the government's financial obligations towards the Iraqi forces and the requirements of the war on terror," he said.
Al-Hadithi continued, "and also towards securing the salaries of state employees, who number about seven million employees and government spending on the rest of the other sectors."
Al-Hadithi pointed out that the government has followed austerity and rationalization of government expenditure and pressure of public expenditure of the country and succeeded in reducing the levels of public spending to between 50% and 60% than it was in the past.
Iraq was planning to increase its production capacity of crude to 5 million barrels per day before the end of this year , the Iraqi economy depends mainly on the extraction and export of oil, and represents 95% of the total income of Iraq from hard currency.

Doctor of the President} fraudster earn investments and huge sums

http://translate.googleusercontent.com/translate_c?depth=2&hl=en&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=http://alforatnews.com/modules/news/article.php%3Fstoryid%3D147777&usg=ALkJrhin1n06RJpIrgrku2_i67cpz7hIdg
Date of release: 2017/8/7 13:28 • 160 times read
(Baghdad: Al Furat News) The judges warned of the phenomenon of impersonation and widespread, and said that most of the cases related to the impersonation of military qualities, talked about methods not without the strangeness invented by the assailants to carry out crimes of extortion to collect money.
"The phenomenon of impersonation has become widespread in recent times, because of the ignorance of some citizens and their endorsement of fraudsters without looking for proof of their positions or their jobs," the judiciary newspaper quoted Judge Ayyaa Majid as saying.
Majid added that "the audacity reached some of the impostors to enter the official institutions to spend business and appointments and gain without being detected."
"The mechanism adopted by the judges in these cases depends on the complaints and testimonies of the victims and the evidence and evidence they have, and they are often preferred to arrest them for the offense," he said.
Majid said that "most of the claims of plagiarism extends military qualities of officers and ranks, the way is to counterfeit and wear uniforms and take up arms."
Majid explained that "the court of inquiry Bayaa referred three cases of the attackers to the Criminal Court, according to Resolution 160 of 1983, in separate calls."
"The impeachment is a kind of fraud, but the Iraqi legislator assigned it to Resolution No. 160 of 1983 and sentenced to 10 years in prison each of those who took out a job from the public service, or from the functions of the security or intelligence forces, or interfered in or carried out work from Its work or its requirements without right, without an official status of the competent authorities. "
And reveals "strange ways followed by fraudsters, including the imitation of the voice of the owner through the phone, to walk certain purposes of official circles or the acquisition of material from the citizens."
Majid said that "the impersonator may target a specific character, or impersonate a job and the latter often prolong the military items and be through wearing clothes and grades and then speak on behalf of the character and deal with citizens and institutions on the basis."
He added that "there are many important cases that have been referred to the court of inquiry. One of them concerns the appearance of an inspector in the Integrity Commission and blackmailing officials in the government departments.
Majid attributed the spread of this phenomenon to "the lack of awareness of many people who believe them and to respond to their illegal requests."
The judge of the Karkh investigation and the Secretary of the Secretary of what Majid went to the proliferation of issues of plagiarism, especially for the qualities of security officers, indicating that most of them were revealed by examining the bugs and know the source.
"The Iraqi law has tightened the penalty in Resolution 160 of 1983 on the importance of these cases and the level of damage it poses to government institutions and citizens," Amin said.
On one of the most prominent cases he faced, he said that "one of the strange stories that came to the court that a person is a senior impersonator of the doctor of the President and then arrested after an ambush with the assistance of one of the victims," ​​noting that "the accused confessed to fraud more than 30 people and get Large sums of money in thousands of dollars and also won many investments from state institutions. "
On this issue, he added that "this crook did not stop at this point but persuaded his wife and her family to work as a doctor for the president for a long time, to discover him later asking him to divorce."
"The Iraqi courts are following up on these issues and calling on citizens and all state institutions to report on these people so that justice can take its course and hold those who fabricated positions and positions according to false or fake addresses," Amin said

Stop issuing passports for two weeks


http://translate.googleusercontent.com/translate_c?depth=2&hl=en&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=http://alforatnews.com/modules/news/article.php%3Fstoryid%3D147768&usg=ALkJrhi4QJYJ36N3goCiz9q4dLu3g2NyzA

Date of release: 2017/8/7 10:40 • 199 times read

{Baghdad: Al Furat News} The Directorate of Public Passports stopped issuing passports for two weeks.
A source familiar with the {Euphrates News} that "the Directorate decided to stop issuing passports for fourteen days in order to erect a new area for them."
He stressed that "after the completion of the installation of the system during this period, the Directorate and all its branches will resume issuing passports and promoting transactions."

By order of the Minister of Oil .. Immediately stop the transfer of crude oil from the fields of Kirkuk to the Kurdish regional administration



07-08-2017 01:51 PM 

Readers
Baghdad News -
The central government announced on Monday the suspension of the transfer of crude oil from the fields of the city of Kirkuk under its control, transferred to the Kurdish regional administration.The transfer of NOC crude oil to the regional administration should be stopped immediately and the additional production stopped," Oil Minister Jabbar Laibi said. The deputy minister of oil did not make any statement on the reason for the decision.

Iraq refuses to buy 30,000 tons of rice in international tender

A rice supply from Thailand was offered at the tender
Mubasher: Iraqi grain buyers refused to buy at least 30,000 tonnes of rice in a global tender for supply from alternative sources.
According to Reuters, on Monday, the tender closed on July 30, and the offers remained valid until August 3.
According to the agency, a rice supply from Thailand was offered at the lowest bid price of $ 432 per ton, including freight costs without unloading at the port of arrival.
In June , Iraq launched a global tender to buy at least 30,000 tons of rice.
It is worth mentioning that the most recent announcement of rice purchases by Iraq was on May 31 last year, where Iraq received 30 thousand tons of rice for supply from the United States, and was agreed to hand over last July.
Today, the Grain Board of Iraq announced the purchase of 50,000 tons of wheat for supply from Australia, with a price of $ 312.5 per ton, including freight costs, without unloading at the port of arrival.
Kauaihn Iraq Articles: 

United Nations Women's Organization: We want to help Iraqi women survivors of the call






08/08/2017
Baghdad / Al-Ghad Press:
Foreign Minister Ibrahim al-Jaafari on Monday discussed with Mohammed al-Nasseri, the regional director of the United Nations Organization for Women (UNIFEM), the organization's efforts to support Iraqi women.

 "Ibrahim al-Jaafari, the Iraqi foreign minister, received Mohammed al-Nasseri, the regional director of the United Nations Organization for Women's Affairs, and the accompanying delegation. The meeting discussed the organization's efforts to help Iraqi women," the ministry said in a statement received by Al-Ghad Press.
"The democratic depth in the world is measured by how much it respects women, because it is an important humanitarian element in building societies," Jaafari said. "Women stand behind every victory."
"I am a believer in the role of women and their mission in life," he said. "Your mission is great in saving women from their reality, elevating them to a humane level, and we are ready to provide everything that will make your mission at the highest level possible."
"The work of the organization in Iraq is focused on supporting the presence of women in the economic, political and social fields," said Mohamed Naciri, regional director of the UN Women's Organization. "We are working to support and assist Iraqi women survivors of terrorist gangs."

The assassination of the vice president of the Asian and Iraqi Federation of the arm force


http://translate.googleusercontent.com/translate_c?depth=2&hl=en&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=http://alforatnews.com/modules/news/article.php%3Fstoryid%3D147770&usg=ALkJrhhD6y3jekNa8XzHnstUA-YABqW3Qg
Date of release: 2017/8/7 11:27 • 145 times read
BAGHDAD (AFP) - Unidentified gunmen assassinated the deputy head of the Asian and Iraqi Federations of the force of Majid Mohammed Ahmed in Doura district south of Baghdad on Monday.
According to security sources, the victim was "the brother of the president of the Iraqi Federation of the game Hamed Mohammed Ahmed (Abu Zaim), and killed gunmen in front of his door in the Dora area after an exchange of fire with him before they fled to an unknown destination."
Security forces cordoned off the scene and opened an investigation into the circumstances and motives of the crime

The popular crowd bombards the densely populated area of ​​the Syrian border

http://translate.googleusercontent.com/translate_c?depth=2&hl=en&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=http://alforatnews.com/modules/news/article.php%3Fstoryid%3D147769&usg=ALkJrhgz3mPndz1GxaQno_iDMiKNR5ke_A
Date of release: • 2017/8/7 11:06 • 80 times read
(Baghdad: Al Furat News) Popular forces on Monday bombed a gang of terrorist gangs on the Iraqi-Syrian border, causing heavy casualties. 
"The 1st Brigade forces in the popular crowd spotted, this morning, the movement of the elements of the preacher and bombed their dens, which resulted in the destruction of the wheel of the enemy as seen the transfer of a number of wounded terrorists," said a statement to inform the crowd.

Interior Minister receives US ambassador in Baghdad





07-08-2017 Baghdad / Al-Ghad Press:
Interior Minister Qassim al-Araji stressed on Monday the importance of bilateral cooperation between Baghdad and Washington at various levels.
The Interior Ministry said in a statement that "Interior Minister Qassim al-Araji received in his office the US ambassador to Iraq, Douglas Seelman," indicating that "the overall security situation between the two countries and ways to strengthen and develop them for security Stability and combating crime and terrorism in Iraq. "
"The importance of bilateral cooperation between the two countries at various levels and the aspirations of the two friendly peoples," Araji said.
For his part, the US ambassador expressed "the desire of his country and its concern for the security and stability of Iraq and open wider horizons for cooperation and consider Iraq as a strategic partner to fight terrorism in the region."


The Iraqi government directed the company "North Oil" to stop the export of oil to the Kurdistan Region



http://translate.googleusercontent.com/translate_c?depth=2&hl=en&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=http://www.rudaw.net/arabic/business/070820172&usg=ALkJrhgN8LdCdt6_pEF9tICz-L2s0Ta8DQ
07-08-2017 And sent the Undersecretary of the Iraqi Ministry of Oil for oil extraction, Karim Khattab Jaafar, on Sunday, an official letter to the North Oil Company of the Iraqi government, demanding it to "stop the immediate export of oil to the Kurdistan Region."

Jafar added in his speech: "For the necessities of action, stop the export of crude oil from your company to the Kurdistan Region, and stored the surplus production of extraction in the places allocated."

The decision of the Iraqi Ministry at a time when the latest statistics according to the agreement between Erbil and Baghdad, that the daily production of oil for three oil sites of the North Oil Company, which amounts to 160 thousand barrels per day, will be divided in this case as follows:

40 thousand barrels for the refinery, "Kolk", 1,000 barrels for the refinery, "Kirkuk", 20 thousand barrels to the refinery, "Bazian", 10 thousand barrels to Baghdad, 50 thousand barrels to the Turkish port of Ceyhan through the pipeline in the Kurdistan Region.

The decision of the Iraqi Ministry of Oil comes at a time when the North Oil Company does not have special sites to store oil, and therefore the oil that is extracted must be returned.d
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER

FOR TWITTER ACCT
Don't miss a TNT Tweet
Just send a text message from your cell phone to:
40404 (may have to add 40404 as a contact first) Then send a message that says: 

Follow @THE_TNT_TEAM
GLOBAL/ NEWS/ INFO
How Bill Gates, the world's richest man, got his start
The Microsoft co-founder discovered his love for technology at age 13.Read more:
Alex Rodriguez and Kobe Bryant use the same trick to score meetings with famous people
Both Bryant and A-Rod cold call other successful people.
This company doesn’t make employees come to work—and productivity is sky high
We don't want to tell people what to do," says Trivago CEO and co-founder RolfSchrömgens.

OIL/COMMODITIES/ENERGY
Oil trades near $49 as prices still capped by sufficient supply
Chron.com
(Bloomberg) -- Oil traded near $49 a barrel in New York amid speculation that plentiful supplies will continue to thwart any further rallies. Futures fell 1.3 percent. While growth in U.S. drilling has stalled and Libya’s production revival was dealt a setback by protests, rebounding output is still capping prices, according to Saxo Bank A/S. A committee co-chaired by Kuwait and Russia will examine why some participants in the deal between OPEC and other producers to reduce global supply aren’t Read the full story
Oil slides from nine-week highs as market looks to OPEC
Reuters
Oil prices edged lower on Monday, sliding away from nine-week highs, as worries lingered over high production from OPEC and the United States. Read the full story
Oil prices are getting back on the roller coaster
Chron.com
Anyone involved in the oil business better batten down the hatches because storm clouds are gathering to bring volatility back to the markets. OPEC oil ministers can't get their stories straight, oil companies are doing more with less, Venezuela's president has set his country on fire and President Donald Trump has imposed sanctions on both Venezuela and Russia, two major sources of oil. That's a recipe for wild swings in oil prices even without an unforeseen shock to the system. Read the full story
Commerzbank: Platinum Above 200-Day Avg., Gains Ground On Gold
Kitco News
Market Nuggets Commerzbank: Platinum Above 200-Day Avg., Gains Ground On Gold Allen Sykora Monday August 07, 2017 08:04 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. Platinum has been making headway lately, both moving above a key long-term moving average gaining some ground against gold and sister metal palladium, points out Commerzbank. Spot platinum Read the full story
Gold starts the week a touch lower; U.S. inflation data awaited
Investing.com
© Reuters. Gold starts the week a touch lower Read the full story
Gold on pace for longest skid in 7 weeks
MarketWatch
Gold prices were tilts lower Monday, putting the precious metal on track to notch its longest streak of losses since mid June as U.S. stocks looked set to extend gains on the back of better-than-expected labor-market data. Read the full story

BANKS/BANKING

One mn bank staff to go on strike on August 22 over privatisation, mergers
Business Standard
Photo: Shutterstock Around one million bank employees and officers will go on strike on August 22, following a call by the United Forum of Bank Unions (UFBU), which consists of all the nine bank unions. The UFBU is criticising the government's decision to privatise public sector banks, mergers and consolidation of banks, and write off corporate Non-Performing Assets(NPAs) and demanding to declarewillful default of bank loans as a criminal offence, implement recommendations of the parliamentary Read the full story
Which Banks Issue Unique Credit Card Numbers to Authorized Users?
The Points Guy
“Reader Questions” are answered three days a week — Mondays, Wednesdays and Fridays — by TPG Senior Writer Julian Mark Kheel. Practically every major bank allows credit card holders to add authorized users to their account in order to provide separate cards to family members or acquaintances. But once in a while that can turn into a headache, as TPG reader Marc explained in an email… We have 4 cards in the family from my own Chase Sapphire Preferred account, but unfortunately they all have the Read the full story
Factors banks look at before deciding the interest on savings accounts
Livemint
On 31 July, State Bank of India (SBI) cut the interest rate for its savings account from 4% to 3.5% per annum for deposits up to Rs1 crore. This move gains significance as SBI is the largest lender in the country and other banks could soon start following the example set by it. For deposits above Rs1 crore in savings accounts, SBI continues to offer 4%. Read the full story
Chinese Central Bank Requires All Online Transactions To Clear Via New Central Clearing Platform
China Money Network
In a move to strengthen oversight of online financial activities, the People's Bank of China (PBoC) has required all third-party … Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes. Read the full story
Deutsche Bank slips down rankings of world’s top private banks
CNBC
Deutsche Bank is no longer one of the world's top 15 private banks after a difficult year for the German lender, a study by Scorpio Partnership showed Monday. Read the full story

TREASURIES/BONDS/STOCKS

Dow hits all-time intraday high, builds on record-setting week
CNBC
U.S. equities traded along the flatline on Monday following a record-setting week for the Dow Jones industrial average. Read the full story
US Treasury yields rise, build on jobs report gains
CNBC
U.S. government bond yields rose while investors looked ahead to speeches from Federal Reserve officials. Read the full story
World stocks reach new peak in world full of surprises
Metro US
By John Geddie LONDON (Reuters) - World stocks breached record highs on Monday as better-than-expected company earnings and economic data from the United States stole the focus from rising geopolitical tension over North Korea's nuclear program. The U.S. dollar <.DXY> dipped slightly but held on to most of Friday's gains - its biggest daily rise this year - made after data showed the United States created more jobs than forecast last month. For those watching second quarter corporate results in Read the full story

INSURANCE

10 Worst States in America for Soaring Obamacare Premiums
The Cheat Sheet
Healthcare.gov | Karen Bleier/AFP/Getty Images The Affordable Care Act was supposed to solve Americans’ health insurance woes. But news that Obamacare premiums are set to increase by an average of 22% in 2017 has many worried the program is in deep trouble. Some have gone so far as to say the landmark healthcare initiative, which was supposed to make coverage available to all Americans, is in a “death spiral.” The premium increases – in excess of 100%, in some cases – are indeed eye-popping. But Read the full story
A Brave New World Of (Push) Insurance Payments
PYMNTS.com
Push payments have been one of the more talked-about terms in the marketplace over the last year, with many industries and companies taking the leap into the Instant Money Economy. But for insurance companies, old habits die hard, as they cling to the paper check to pay claims. It’s a terribly inefficient process for the... Read the full story
Making retirement lemonade from health insurance lemons
CNBC
A push to shift more health-care costs onto consumers has fueled growth of high-deductible plans paired with Health Savings Accounts. Read the full story

CURRENCIES

A sense of uncertainty grips the forex market
Dawn
The forex market is confused. From bank treasurers and dealers in the interbank market to owners and operators of forex companies, all are uncertain about the future of the rupee. “We don’t know exactly when we’ll get a reliable clue on exchange rates from policymakers. But market fundamentals suggest the rupee is being pampered. The forex market doesn’t know and cannot know when this pampering will be over,” said owner of a big Karachi-based forex company. “By the end of this quarter, things Read the full story
Dollar struggles to extend post-jobs report glow
MarketWatch
The dollar churned narrowly against chief rivals Monday, trying to extend its late-week bounce from a nearly 15-month low after largely upbeat U.S. hiring data out Friday was seen clearing the way for the Federal Reserve to gradually tighten policy.Read the full story
Pound to euro exchange rate: Sterling struggles ahead of Eurozone update
Express
POUND sterling is struggling against the euro after falling to a nine-month low at the end of last week. The exchange rate is buying €1.105 after sliding to a nine-month low on Friday. Sterling plunged after the Bank of England’s Super Thursday. The Bank kept record low interest rates on hold at 0.25 per cent, after a vote of 6-2 from policymakers. Read the full story
Forex - Kiwi slips lower after N.Z. data, Aussie holds steady
Investing.com
Kiwi slips, Aussie hlds steady vs. greenback in late trade Read the full story
Rupee weakens against US dollar on mixed Asian cues
Livemint
Mumbai: The Indian rupee weakened against the US dollar, tracking mixed Asian currencies market. Read the full story

USA
Higher-cost crude could squeeze margins at U.S. refiners
Reuters
U.S. refiners could face a continued squeeze on profit margins in the months ahead as dwindling supplies of heavy crude from Venezuela and elsewhere are leading several to switch to higher-priced but easier-to-refine light, sweet crude. Read the full story

 EMERGING MARKETS
Hearst Leads $133M Funding Round for Iflix, Streaming Service for Emerging Markets
The Hollywood Reporter
Existing shareholders, including European pay TV giant Sky, John Malone's Liberty Global and Evolution Media, also participated in the financing. Read the full story

MIDDLE EAST
Don't repeat the Iraq war false
WMD claims with Iran The New ArabDon't repeat the Iraq war false
WMD claims with Iran Read the full story
UAE's main oil company in talks over offshore oil stakes
Minneapolis Star Tribune
The United Arab Emirates' main state oil company says it plans to divvy up its offshore oil operations and is in "advanced discussions" with multiple companies interested in stakes. Read the full story
For First Time in 14 Years, High-Ranking Iraqi Official Sentenced to Prison
Asharq Al-Awsat - English
From ASHARQ AL-AWSAT English. Baghdad – A Baghdad court sentenced on Sunday a former governor of the Salaheddine province to jail, the first such … continue reading For First Time in 14 Years, High-Ranking Iraqi Official Sentenced to Prison Read the full story
Demand for gold rises in UAE amid tourist inflows
Mubasher
Dubai – Mubasher: The demand for gold jewellery in the UAE rose for the second quarter of 2017 due to the stable economy and high tourist inflows, according to a statement by the World Gold Council. The demand for jewellery went up 8.6% or 0.97 … Read the full story

AFRICA
Digital currency could spark African financial revolution
AdomOnline
Cryptocurrency – or simply put, digital currency that uses cryptography as security – and blockchain, the technology it runs on, provide opportunities to reach sub-Saharan Africa’s largely unbanked population. A number that stood at 326 million adults in 2011 according to the World Bank. Currently there are many different cryptocurrencies, with Bitcoin being the most well-known. During the first half of 2017, Bitcoin’s average number of daily transactions totalled 288,953 – up 182% over the same Read the full story
Zimbabwe: Global Standards Firm Rejects U.S.$182 Million Unsafe Imports
AllAfrica
Bureau Veritas, a global standards firm contracted by Government to carry out consignment-based assessment of imports, has rejected $182 million worth of sub-standard goods destined for Zimbabwe since starting in 2015. Contracts manager Tendai Malunga told the Confederation of Zimbabwe Annual Congress and International Investment Conference on Friday last week that the renowned French quality standards company refused to certify the intended imports, as they did not meet minimum quality Read the full story
South Africa's unemployment steady, foreign reserves up to $42.414 billion
POST Online Media
South Africa's unemployment rate remained unchanged at 27.7 percent of the labour force in the second quarter from the first quarter, data from the statistics office showed. In its quarterly labour force survey, which polls households, Statistics South Africa said this amounted to 6.177 million pe... Read the full story

ASIA

Trump’s Currency War Battle with China Goes Live
Daily Reckoning
This post Trump’s Currency War Battle with China Goes Live appeared first on Daily Reckoning. Welcome to the currency wars. The Trump administration has entered a new low in relations with China. The change comes after the White House announced it is officially beginning to take aim at China’s economic strategy. As friction between the world’s greatest economic powers deteriorates toward a high stakes currency war, the global economy could see spillover in financial, geopolitical and trade Read the full story
China's Forex Reserves Rise For Sixth Straight Month
RTTNews
China's foreign exchange reserves increased for the sixth consecutive month in July, the People's Bank of China said Monday. Read the full story
3 Must read Stories: Bitcoin Surges, China’s Debt Binge, North Korea Sanctions
Barron's
Asia Stocks to Watch Bitcoin continues to power higher, with the digital currency soaring to a record well above $3,000. The rally at the end of the week comes after the digital currency underwent a 'fork', or split, into Bitcoin and the new Bitcoin Cash. CNBChas the details on Bitcoin's renewed bull run: The South China Morning Post has an interesting story on the increasing indebtedness of Chinese households, especially as people seek to enter the country's rapidly rising property market.Read the full story
Why China is sending jobs to Africa
PRI
Manufacturing jobs may have moved to China … but not all of them have stayed there. Read the full story
As Donald Trump keeps US from Iran, Russia and China step in
Livemint
London: Decades-old sanctions preventing US oil companies from having any dealings with Iran, combined with President Donald Trump’s antipathy towards his predecessor’s nuclear deal, have created a fertile environment for America’s rivals in the Persian Gulf country. As Iran takes advantage of its new economic freedom, American oil companies will likely see all their opportunities snapped up by Chinese, Russian and European firms—just as they did less than a decade ago in Iraq. Read the full story

EUROPE
U.K. Dismisses 40 Billion-Euro Brexit Bill as Speculation
Bloomberg
Theresa May’s office dismissed as speculation a report that the U.K. is prepared to pay a 40 billion-euro ($47 billion) bill to leave the European Union, while leading Brexit supporters pushed back against paying anything at all. The sum surfaced in the Sunday Telegraph newspaper, which cited three government officials it didn’t identify as saying Britain would offer it to push the discussion toward a future trade deal. On Monday, though, May’s spokesman, James Slack, told reporters: “I don’tRead the full storyd
Blessed and Highly Favored:


CBI Update:


The CBI for Tuesday August 8, 2017 did update on the indicative rates Buy Rate 1182 and Sell Rate 1184
The currency auction is 159,867,000
There is no news and announcements for Tuesday August 8, 2017
ISX Update:


Value Traded
11,249,569,706
Shares Traded
11,515,266,628

ISX ended in Green
Frank 26 call notes

IRAQ is freed by the IMF, the BIS, the USA and they have been and still are all congratulating them on it. There are very explicit articles about it. The IMF and United Nations are no longer making demands but are congratulating them. The new international financial system went live around July 26. August is a month of aclaimation of the monitary reform for the citizens of Iraq where and a month where in the US we do nothing because everyone is on vacation congress, the president, etc. We are very interested to watch what happens on the 21st of August. But nothing happens in the US in August and nothing happens in regards to announcing a rate in August. Historically April and September have been the months when most revaluations have happened. The 21st we are watching the payments and the rates then we are going to be paying real close attention to the 1st thru the 10 th of September. But we could see a heck of a lot of things between the 15th and the 21st of August. He says his friend in Iraq says that in August the ATMS will be loaded with currency of their country. These ATMS are not just in Iraq but also in neighboring countries of Iraq. Each ATM will have its own currency representing the country where it resides and also Iraq Dinar, and US Dollars. His friend has 16 partners. Of those 16 two own private banks in Iraq. Four own banks outside of Iraq in neighboring countries. Each bank is assigned 2 ATM machines. These partners have 4 ATMS inside Iraq and 8 ATMS outside of Iraq. All 12 of these ATMS are all linked with the Central Bank of Iraq under international standards. There are thousands of other ATMS in the region that have to have the same capabilities. He says to pay attention to articles about Kuwait that will soon be comming out. Kuwait will be allowed to.invest in Iraq. They will be given what they are owed in equivalent investments in Iraq. The ATMS will be dispensing lower denoms of Dinar very soon. The ATMS do not recognize the software that supports the 3 zeros. The Dinar and dollar are pegged 1 to 1. Article 8 is about to be removed. In about 2 weeks they will load the ATM machines. Abadi has calculated very well, because in September when most currency revaluations happen, there are Elections for the parlament in the provinces. On May 21, June 21, and July 21 payments had to be made the way Iraq said and July 21 the pay rate dollars to dinar was 1 to 1. We hope on August 21 to see 1 to 1 on the CBI website. Donald Trump comes back from vacation August 21. There is an eclipse that will black out the USA on August 21 in more ways than you could ever
Kauaihn Chatter: 
8-7-2017   Newshound Guru Islandg1211   Today the GOI passed laws related to decentralize government and elections in the provinces. These are important to support the local governments which us apart of the original UN plan to rebuild the country of Iraq as a democracy. So they are complying with the UN sanctions to de-centralize the government. The GOI has actually done something last week and today when they approved the budget amendment. That was a requirement of the IMF, and by passing it, they got the loan installment approval from the IMF's review. Today's regional laws help them comply with the UN. So the GOI actual made progress. But, the real need here is a deal with the Kurds. They are coming to Baghdad next week but it's all about Barzani getting his own country.  Also they announced that the budget has been amended and is projected to go from 95% revenue derived from oil down to 85%. That's an important step to economic diversification that the IMF wanted.   [post 1 of 2....stay tuned]

8-7-2017   Intel Guru RayRen98   [Any speculation as to WHAT or WHY this is still being held up?  It seems like everything has been done, and we are "CLOSER" than we have ever been, but why not full release?]  Sure, someone is still fighting to get what they want out of this deal.  Yes, we are closer than ever, but closer is not ‘the end’, which is what we need for the release.  [is it possible have this RV could sneak up on us all without any preliminary warning and surprise even you?]  No way it could sneak up and surprise me, and I think there are too many people watching this 24/7, looking for these changes.  [You don’t think this will go into 2018?]  Anything is possible, but if everything goes according to the information I have been listening to, then it should be done before the end of this month, so September and 2018 are irrelevant. 

8-7-2017   Newshound Guru Kaperoni   Article:   "Keywords confirms the existence of a large and promising role for the private sector in the next phase"   It seems very matter of fact that between now and end of the year they will open the banking system to facilitate investors/investment. I cannot see how they could achieve a private sector without doing so.  This article states two things very clearly, "next stage" and "activating the investment side."   One has to come to a reasonable conclusion that "next stage" means within 6 months.  And "activating the investment side" means the banking sector simply because investment is not possible without it.  I think we should look for significant changes from the CBI by end of year if not sooner.
8-7-2017   Intel Guru RayRen98   Kurds are on their way to Baghdad to discuss their issues and Article 140 to be activated.  It’s believed that will take place within two days.  The appeal to the Budget has supposedly been rescinded;  that was to be addressed on 21 August...and it might have held things up, but if it has been rescinded that’s no longer an issue. If Article 140 is activated, that might be the signal for the ATMs to function and dispense the lower denominations.  That will be a great sign of progress. Good things could pop out this week, in Iraq.   From the information I’ve received, it looks like Iraq should be moving in the next couple of days...

8-7-2017   Intel/Newshound Guru tman23   A few questions...  Why the "sup" budget for 2017?  Why does it appear to be initiated in Sept/Oct... Why Meet on it again in September along with the Budget for 2018 that is already figured and "must be approved by IMF board"...when the IMF board appears to be the drafters of the 2018 budget...  Iraq Banking Laws...  Domestic Banks in Iraq year starts Jan 1 and ends Dec 3...Thus we can see reasoning why they would start the NEW accounting at the start of the New Year...  The sup budget appears to be the "start of a new era"...A primer per se'...And from 2018 on...New accounting methods will be used in Iraq...In other words NO MORE 3 ZEROS...
8-7-2017   Newshound Guru Enorrste   Article:  "Abadi heads the first meeting of the Higher Committee for Investment and Reconstruction"   What is amazing about this article is that Iraq is broke!  How could they be announcing large investment projects unless they expect the money to come from foreigners?  And, if the money has to come from foreigners, how would those investors take the risk unless the dinar is internationally recognized and tradable?  Conclusion:  open the dinar to the world!

8-7-2017   Intel Guru Bluwolf    Main Source still holding on to the point of the high alert. As they also are holding on and awaiting the signal.

8-7-2017  Newshound Guru Breitling  A lot of people are talking about the IMF.  Don’t read into this hype.  What the IMF is doing is they gave loans to Iraq.  The reality is the IMF is making sure that the money is fine and if they get to a situation where they are mismanaging and they can’t pay the IMF back for the loans…the IMF gets management rights.  That’s it.  And guess what?  Iraq has not even been close to being at that stage.  They pay their bills.  They have plenty of money to pay their bills.  It has nothing to do with if it’s going to revalue tomorrow or an indicator.  Everyone get’s loans.  I know millionaires who get loans.

8-7-2017   Intel/Newshound Guru tman23   They at some point need to lift the 3 zeros and the CBI gave the green light March 2015 to begin...Then Alak said although ready, not until they had control of Provinces...WHICH THEY DO NOW!!

8-7-2017   Intel Guru Frank26   As we SHARED ...IOO ...The 1 to 1 is next as it transitions from GOI books to Employers' books. 
Elmer:
Not in today
Artmeister:
"Look Back" - GCR/RV Intel SITREP - Tuesday - August 8, 2017
8/08/2017 12:18:00 AM Emailed, Intel, SITREP
Received via email for publication at 12:00 AM EDT. ~ Dinar Chronicles
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjDIKOkKtQHXP7Lp7ptZUvIAa4AzGyVclP1rkZp5sv0u1-9LvZWtVuPf_0A0oiOSlktgSlIy1zPSoJ3jIODReCckgtCg6VTQZQrAiB45mBfQ0S8deIpMn6Jk_RxPcedLZGqeJvbiRyMMko/s640/image3.JPG

We have officially entered into a divine feminine era. It's new. And for men, it's a supporting role versus a leading part.

For women, it's new too. Stepping up into your power ladies is real, as men take a necessary step back to balance out the energies of the world.

You know it. So do they. Please lead us. We need help.

For as a species and planet, we are so very out of balance. It won't take long to correct this cosmic injustice, but we must do our indivisible jobs as written in the golden book of fate.

Which is also real. No getting around its truth either. It's just so, and so it is.

So as we leap off one reality ledge and into another dimension, I wanted to offer this enduring quote that has stuck with me in times of unbearable duress.

"The greater the obstacle, the more glory in overcoming it." - Moliere

This truth seems illogical if not irrational when going through your unbearable struggles, I know first hand. Yet somehow I was always able to process my own sufferings as benevolent bricks along a pathway leading to my greatest glory.

The one Moliere spoke of, and I now speak to you.

It took twelve yeas for me to realize my philanthropic desires of rescuing my hometown and family... and for that IAM most grateful.

It took twelve years for my wife and to realize our shared dream of becoming a family (my daughter Anela's pictured below was born a year ago today on 8/8).https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjcHzAQ2jzmXxTtVfUDyDG0SwyKIi8amZ9afRe0eqXk09XR46QHls2x0XVcR2IM-QVsF0PF3y8eDyya_d3qnXgTApW3nrf-CUpgLF6K3LqisAiPqz27psHsS2yVbIxFIHiaVVIDkoBU8To/s400/image2.PNG

I share this now because I was born on 12/12, as if God was telling me my two most difficult obstacles were going to take twelve years each to overcome.

Boy, Moliere wasn't kidding! Ouch!

Yet all the misery I was made to endure or brought upon myself along the way would ultimately facilitate my greatest glory... and go far beyond.

My daughter is soooooo cool. She is my reward for sticking out the RV no doubt.

This was my path. It's one of billions, all equal in the eyes of God.

But I'm sure there are breadcrumbs God has left behind for you in your own difficult yet heroic path.

Because finally, you're now going to realize all those irrational dreams and never again have even the need to look back at your sufferings and failures.

So before receiving such a blessing, perhaps it's wise to take a moment and look back as to witness everything "bad in your life." Allow the possibility it was actually created from a place of agape love as to prepare you now for your glory.

Good luck in your new reality everyone.

Be blessed in all you do and say, as the divine feminine era of enlightenment was. Ken this afternoon and shall exist for the remainder of our earthly days.

Hallelujah! Look always to serve versus being served, bless versus be blessed, and give versus receive.

For we are the chosen, and why our obstacles were so brutal, crippling and long.
Catnip:



ARTICLE 1-A (from PM Abadi's website; posted on both Arabic and English sides)


Prime Minister Dr. Haider Abadi receives a telephone call from French President Emmanuel Macaron 

Prime Minister Haidar Abadi on Monday received a telephone call from French President Emmanuel Macaron.
The French President congratulated Dr. Abbadi on the victories over the liberation and the liberation of Mosul, stressing France's continued commitment to support Iraq in the fight against terrorism and support the efforts of the Iraqi government to restore stability and institution-building,
In addition to developing the level of relations between the two countries.
For his part, Dr. Abbadi thanked the French air support for the Iraqi forces and in the fields of training and logistical support.
He presented the plans of the Iraqi government to restore stability and move the economy and create jobs, stressing the need for the world to stand with Iraq.
Dr. Abadi called on French companies to participate in the large investment opportunities in Iraq.

Prime Minister 's Media Office
7 August 2017 

***************
ARTICLE 1-B (from PM Abadi's website; posted only on Arabic side, not posted on English side)

Prime Minister and Commander-in-Chief of the Armed Forces Dr. Haider Al-Abadi orders the opening of the industrial district in Fallujah
The Prime Minister ordered the commander of the armed forces, Dr. Haider Abadi, to open the industrial neighborhood in the city of Fallujah, and to instruct the security forces and service departments in the city in cooperation with the owners of shops and factories in the industrial neighborhood in order to begin rehabilitation and resume activities. 
The Minister of Planning Dr. Salman Al-Jumaili and the Secretary General of the Council of Ministers Dr. Mahdi Al-Alaq conveyed the greetings of the Prime Minister to the people of Fallujah and called for activating the economic activity through the resumption of work in the industrial neighborhood, especially after the security forces announced the end of all inspection procedures. Security and ensure that the area is free from any mines or explosives.

Prime Minister 's Media Office
7 August 2017

***************
ARTICLE 1-C (from PM Abadi's website; posted only on Arabic side, not posted on English side)

Prime Minister Dr. Haider Al-Abadi heads a meeting of the ministerial energy committee

Prime Minister Dr. Haider Abadi on Monday chaired a meeting of the ministerial energy committee.
The committee discussed service and collection contracts for the distribution sector and what they achieved, and continued to refer the rest of the areas to provide continuous electricity to citizens.
In addition to the approval of the request of the Ministry of Industry and Minerals to change the assignment of the contract for the processing of fixed and mobile secondary stations to the Ministry of Electricity from the General Company for Electrical and Electronic Industries to the General Zorra Company of the Ministry.
The committee also discussed the proposal for exploration and development of patches and fields provided by the Ministry of Oil, in addition to the industrial water treatment unit.
Guidance was also given regarding the use of gas as fuel for transport vehicles, as well as the recommendations of a workshop to study the conversion of fuel from black oil to gas.

Prime Minister 's Media Office
7 August 2017

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

Hakim and Jabouri are discussing a final version of the election law satisfactory to all
2017/8/7 22:28
[Ayna-Baghdad]
The head of the National Alliance Ammar al-Hakim with the Speaker of the House of Representatives Salim al-Jubouri ways to reach a final version of the draft law on provincial and provincial elections is under discussion in parliament.
A statement by the Office of the Speaker of the House of Representatives received the agency of all Iraq [where] a copy of him that al-Jubouri visited al-Hakim in his office in Baghdad "During the meeting discussed the most prominent political and security developments in Iraq and the region."
"Our country is coming to a new stage after the recent victories on the organization of the preacher of the terrorist, which requires everyone to unify positions in line with the requirements of the next phase," Jubouri said.
"The victories in Mosul put us in front of a great responsibility and challenge for the reconstruction of the liberated areas and work to return the displaced as soon as possible, which are the most important requirements of national reconciliation called for by all components of Iraqi society."
He stressed Jubouri "to intensify dialogue between all parties in order to reach a final version of the election law be satisfactory to the Iraqi citizen and ensure representation of all the spectrum of the people."
For his part, the price of the wise efforts of the President of the House of Representatives in bringing the views of different political blocs to approve the important laws, especially the election law.

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

Emergency committees for projects suspended in the outskirts of Baghdad
2017/8/8 10:49
[Ayna-Baghdad]
Baghdad Governor Atwan al-Atwani announced an agreement with the prime minister on the formation of four emergency committees to review the stalled projects and the state of launching financial allocations for them and the possibility of implementing them and discuss the obstacles and problems in the service process in the areas of the outskirts of the capital.
Al-Atwani said in a statement quoted by his media office today, the agency of all of Iraq [where] a copy of it, "The province and through its meeting with the Secretariat General of the Council of Ministers and in the presence of Assistant Secretary-General of the Council of Ministers discussed the demands of demonstrators in the district of Husseiniya, Suffer the other districts to agree the parties on the need to find ways to improve the service reality of these areas.
"These committees will work to overcome obstacles and problems and study the possibility of providing the necessary funds to implement these projects for most areas of the parties."
The two districts of Husseiniya and Diyala bridge in the past two weeks witnessed large popular demonstrations to protest the poor services and lack of water and electricity.
The government responded to the popular pressure and formed committees to determine the service situation in them and follow-up requests of the people to proceed immediately.

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

Parliament postpones questioning Jumaili and approves 46 articles of the provincial elections law
2017/8/7 16:08
[Ayna-Baghdad]
The voice of the House of Representatives in its 12 ordinary session held under the chairmanship of Dr. Salim al-Jubouri, the President of the Council and the presence of 212 deputies on Monday on the draft article 46 provincial elections and districts, and postponed the questioning of the Minister of Commerce and Salman Jumaili to the next session.
At the beginning of the meeting, the President of the Council, according to a statement of the Information Department of the House of Representatives received the agency of all Iraq [where] a copy of today, "thanks to the heads of parliamentary blocs and committees for their keenness to discuss the draft law provincial elections and districts during the meeting held yesterday to ensure the building of state institutions and In order to achieve the interest of all, pointing out that the deputies sought to achieve consensus within the legislative institution and serve the interests of the people.
He praised the Jubouri, according to the statement on "the meeting held by the Legal Committee with the Ministers of Defense, Interior and Justice and the National Security Adviser to discuss some draft laws, including amending the amnesty law," noting the "importance of such meetings to coordinate positions between the Council and the competent ministries," and thanked " Khudari to submit proposals for the draft provincial elections law. "
The Presidency of the Council decided to "postpone the vote on the draft amendment of the Third Law of Governorates not organized in the region No. [21] for the year 2008 submitted by the legal committees and regions and governorates not organized in the region to discuss at length the importance of building the state and resolve the trend between central management or decentralization
The Council completed the vote on 46 articles out of 53 articles in the draft provincial and district elections law submitted by the two legal committees and the regions and governorates not organized in the province on the completion of voting at the next meeting.
On the occasion of the interrogation of Salman al-Jumaili, Minister of Commerce Agency at the request of MP Alia Nasif, the Speaker of the House of Representatives confirmed that the Presidency of the Council resorted to verify the validity of the signing of the interrogators after the submission of a list bearing the signatures of 46 deputies as well as another list that strengthens this trend in the back of The papers submitted questioning the signature of one deputy, pointing out that a query was directed to the Federal Court on the fact that the conduct of the investigation on the authenticity of signatures whether or not to stop the questioning or not.
Al-Jubouri said that the decision of the Federal Court after submitting the request for advice from the Presidency of the Council included the resumption of the process of questioning the Minister of Commerce, pointing out that the minister questioned submitted a request for the approval of his interrogation, where was scheduled on Tuesday next 15-8, 17.8 It is still under consideration for some deputies to withdraw their signatures from the list of signatories for the request for questioning.
It was then decided to adjourn the meeting until next Tuesday 15/8/2017.

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

Holding the first diversified investment conference in Diyala
2017/8/7 18:59
[Ayna-Baghdad]
The Chairman of the Investment Sub-Committee in the House of Representatives Burhan Mamouri set a date on 18-19 of this month to hold the first investment conference in Diyala province in coordination and cooperation with the National Investment Commission.
Al-Mamouri said in a statement that he met with Sami Al-Araji, chairman of the National Investment Authority, and agreed to hold the first investment conference for Diyala province, which will include the presentation of investment opportunities for various sectors [service, industrial, agricultural, commercial, Housing, infrastructure], "adding that" the committee formed to prepare for the conference has completed all its readiness. "
He added that "the trend towards investment is the only solution to improve the service and urban reality of the province and funding new projects in the field of infrastructure and job creation for young people, especially in the light of low oil prices and the absence of a state budget to finance these projects, noting that the province and during the past three years did not receive any Amounts within the general budget, which led to the cessation of all projects and the inability to maintain the service needs of citizens with increasing population growth in addition to the widespread phenomenon of unemployment among young people.
He explained that "the Committee on Economy and Investment parliamentary has been able to complete the new investment law and vote on it in the House of Representatives, which is one of the best investment laws since the emergence of the Iraqi state, where it exceeded all previous problems that were impeding the process of investment in all areas and provided facilities and privileges for large domestic and foreign investors and work With the start of a single window in coordination with the National Investment Authority. "
He called on all local and foreign investors to participate in the conference and to see the investment opportunities available in the province of Diyala, noting that the province has a large natural and human resources and a location that allows it to play an important role in the trade process being the link between the north and center of the country and has border crossings with Iran as well as its proximity to the capital Baghdad. "

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

The Air Force destroys the Talmim and Shields lab in Tel Afar
2017/8/7 11:32
[Ayna-Baghdad]
Iraqi air force destroyed targets of terrorist gangs in Tal Afar district west of Mosul with preparations for the liberation battle.
A statement issued by the Ministry of Defense received a copy of it, "the Air Force Command carried out after receiving accurate information from the Directorate General of Intelligence and Security several air strikes, which destroyed the plant to manufacture improvised explosive devices and a laboratory to mine and shielding the wheels in the district of Tal Afar."

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

Dozens of ballistic missiles and mortar rounds were found in Anbar and Tel Safok

ANBAR, Aug 7 (KUNA) - Anbar Operations Command announced on Monday that it was conducting inspections of areas under its command to search for dormant cells and remnants of terrorist elements. Security and stability.
It pointed out that "the duty resulted in the seizure of two sets of equipment containing (101) mortar rounds caliber 120 mm, (450) bullets of 23-mm equipment and in the area of ​​modern village found (4) explosive devices detonated by the bomb disposal unit But in the area of ​​Bureishah, a force of the squad found two explosive devices that were detonated under control. "

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

International Coalition: Battle of Tal Afar will not be harder than Mosul
2017/8/7 20:34
[Ayna-Baghdad]
The US-led coalition has played down a guerrilla force in the Tal Afar district of western Mosul, which is preparing to free it.
"The coming battles in Tal Afar, Hawija and Qaim will not be easy, but they will not be harder than Mosul and they are confident of controlling them and they will be defeated," coalition spokesman Col. Ryan Dylan said in a press statement late Thursday.
"The Iraqi forces are distinct and do a good job and proved their effectiveness on the ground after the liberation of Mosul," he said.
"The participation of 73 countries and organizations in the efforts of the International Coalition to eliminate the preacher," and expressed the desire of "the Alliance to continue to provide intelligence and training for Iraqi forces."
It is noteworthy that the Iraqi security forces with the participation of the popular and tribal crowd began to mobilize militarily and prepare and provide logistical support for the liberation of the center of Tal Afar, which is the most prominent strongholds of gangs and called the terrorist after losing on the tenth of last month, the city of Mosul.

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

This daily cost of the international alliance against the prodigy
2017/8/8 9:06
[Where - Continue]
The US-led international coalition announced the daily cost of its campaign against Da'ash in Iraq and Syria.
The coalition is formed in August 2014 after the fall of the city of Mosul, a current author and author from 73 countries and participated in striking terrorists in Syria as well as Iraq.
With thousands of raids over the past three years, the campaign has a daily cost of $ 13.6 million.
The coalition began its raids on August 8, 2014, weeks after a tight grip on vast swathes of northern Iraq and Syria.
He was a supporter of Mosul in Iraq and Raqqa in Syria, large strongholds for him, but he was expelled from the first, and retreats strongly in the second.

**************
ARTICLE 10

Placing thousands of publications on a city containing phone numbers to send text messages

ANBAR, Iraq, Aug 8 (AFP) - The 7th Division Command announced on Tuesday that aircraft belonging to the US-led International Alliance were throwing leaflets at the city of Ano.
Major General Noman al-Zobaie said that "the leaflets called on citizens to move away from the sites and their addressees," adding that they "included telephone numbers of citizens" to report acts of criminal support by sending a text message to phones (195) and (07801988628).
"The coalition aircraft and the Iraqi army air force will intensify their air strikes to block the movement of elements in the city," he said, adding that "the process of their liberation from the Daash is close." AH



Posted by at
Labels: , , , , , , , , , , , , , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)