Friday, September 15, 2017

Word on the Street Friday 9/15/17

Word on the Street Friday 9/15/17



Word on the Street Friday 9/15/17:
Forex Rates
Symbol Bid Ask High Low Open Change Time
 USD/IQD   1,142.4000   1,192.6000  1,142.4000  1,140.8000  1,140.8000   1.6000  07:23
 USD/VND   22,381.0000   23,050.0000  22,381.0000  22,352.0000  22,352.0000   29.0000  07:23
 USD/CNY   6.5433   6.5445  6.5598  6.5342  6.5531   -0.0098  07:23
 USD/KWD   0.3009   0.3019  0.3009  0.3009  0.3009   0.0000  19:00
 GBP/USD   1.3565   1.3565  1.3615  1.3382  1.3397   0.0168  07:23
 USD/IRR   12,048.0000   12,428.0000  12,048.0000  12,048.0000  12,048.0000   0.0000  17:51
 USD/IDR   13,250.0000   13,259.5000  13,265.0000  13,222.0000  13,263.0000   -13.0000  07:16
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DC NY Iraq Articles:

The Association of Private Banks and the International Monetary Fund are discussing the challenges facing Iraq's economy

The Iraqi Private Banks Association discussed with the International Monetary Fund the challenges facing the Iraqi economy during the current stage and the ways to face the economic crisis and the credit standoff signed by Iraq with the International Monetary Fund in 2015.
The Executive Director of the Association of Iraqi Private Banks, Ali Tariq, in a statement received by "Al-Gharab Press," that "a delegation from the Association of Private Banks met with the head of the mission of Iraq to the International Monetary Fund, Joseph Cash in the Jordanian capital Amman, and during the meeting, discussed the challenges facing the economy of Iraq During the current stage and ways to address the economic crisis and the credit readiness agreement signed by Iraq with the International Monetary Fund in 2015.
Tariq added that "during the meeting, put forward the vision of the Association of Iraqi private banks that the government should allow private banks to take their natural role to stimulate the economy of Iraq by allowing the government to deal with private banks with a view to restore confidence to the banking sector," adding that " A comprehensive presentation on the development in the banking sector in terms of compliance and compliance with international requirements, especially with regard to operations against money laundering and terrorism financing and the Association in cooperation with the Central Bank in the training of 70% of employees in the banking sector of Iraq.
On the other hand, the head of the mission of Iraq to the International Monetary Fund, Christian Jos, a summary of the Iraqi economic situation and talks with the Iraqi government under the framework of the Convention on Credit.
"The IMF looks forward to maximizing the non-oil resources of Iraq's economy by developing industry and agriculture, improving services and customs control, and revisiting its mechanism of action," the statement said.
He added that "the organization of customs work will be an important resource for the Iraqi government in the next phase in the light of low oil prices," adding that "the International Monetary Fund is expected to be the price of a barrel of oil during the next five years at a rate of $ 50 per barrel."d
Parliament Speaker and First Vice-President discuss the repercussions of the referendum in Kurdistan
Editorial Date: 2017/9/14 0:3862 times read
(Baghdad: al-Furat News) Search Speaker of the House of Representatives Salim al-Jubouri and his deputy, Sheikh Hammam Hamoudi repercussions of the referendum of Kurdistan scheduled to be held on the 25th of this month.
"Sheikh Hamoudi received in his office in Baghdad the Speaker of the House of Representatives and discussed with them the importance of completing the procedures and technical requirements to keep the official time and the timing of the elections.
He added that "the two sides discussed the repercussions of the referendum of Kurdistan and the need not to be dragged in which there is no interest of the Iraqi people, calling on all political forces to assume their responsibilities starting from their shared vision to save the country."
The statement quoted Sheikh Hamoudi as saying that "the role of the House of Representatives in maintaining the unity of Iraq and the call of the three presidencies and leaders of blocs and parties within and outside the parliament to hold a meeting to discuss the referendum and its implications."
"We are not against our Kurdish people, but the timing of the referendum is a big mistake and its consequences are very dire
.

 

Frequent flyer service and online booking at Iraqi Airways

Editorial date: 2017/9/14 11:4077 times read
(Baghdad: Al-Furat News) Minister of Transport Kazem Al-Hamami announced the launch of the Frequent Flyer service and the official website of the electronic booking for Iraqi Airways tickets.
"This place was not so beautiful and now it has become an eye witness to the progress and progress achieved by Iraqi Airways," Hamami said in a speech at the opening ceremony of the World Aircraft Maintenance Facility in Baghdad today.
He pointed out that "this maintenance center is developed in comparison with his peers and will enter several foreign aircraft for maintenance in Iraq," announcing the "graduation of a group of young pilots who brought the new aircraft from Seattle, America."
He announced the "launch of the official website of the electronic reservation of tickets to Iraqi Airways, and the launch of the services of the Center passengers and agents free of charge in Arabic and English."
The Minister of Transport also announced that "the Frequent Flyer service will be started by collecting points on each flight on the Green Bird. He can use the system to purchase free tickets, reduce or exempt from excess baggage fees and many other services."

Reference Fayadh: the government to disclose the titles of corruption and reduce the high salaries {expanded}

Editorial Date: 2017/9/14 11:2027 times read
(Al-Najaf: Al-Furat News) The religious authority Sheikh Ishaq al-Fayadh called on the government to reveal the titles of corruption and create opportunities for young people.
Al-Fayyad said in his speech on behalf of Sheikh Ali al-Rubaie, at the 33rd conference of informers and informants, in Najaf on Thursday that "the whistleblowers have a role in urging people to demand rights starting services, raising the level of education in the country and accounting for the defaulters and spoilers who waste the wealth of the country and make Poor homeless ".
He added: "Let the informers know that the approach of people to raise the injustice and restore rights is the goal of their work and must combat corruption, which weakens the religion in their hearts, and drew attention to the deviation of the balance of benefits by exceeding the salary ceiling of the three presidencies to a reasonable extent.
He pointed out that "the need for this money in the order of the need of the community and basic facilities, and the drawing of high salaries in the Integrity Committees of its members prevents the existence of this committee in carrying out its correct work and a valid question of honesty in its performance," stressing that " Higher grades and job creation for young people and otherwise should not believe the consequences of neglect and manipulation of people's abilities. "
The reference to Fayyad "the importance of victories in the liberation of the areas of the terrorists Almtaash, where the consciences of fighters alive in the protection of civilians without violations."
He added that "with the turn of the month of Muharram haraam, it is in the minds of Muslims in the memory of patience and striving to call for the wrath of the religion of God as it was still this month a title for the renaissance of Imam Hussein (peace be upon him) and ammunition to us."
He added that "the observer for this noble renaissance is the address of the face of injustice and ignorance and the mother of the Sunan and revival of innovation, and the redemption of his Holy Spirit and a number of his family and his companions peace be upon them a tragic calamity revival of Muhammadiyah prophecy," calling "informers and statements quoting from the curriculum of the Husseini in what you call the guidance of people to help them In their lives, we do not want as the Imam does not want peace be upon him only to see in you the truth and advice to the people and work as ordered by God and His Messenger and the end of what they took away.
"We also advise the informants not to burden people's ears by mentioning historical events, but to help them in their lives and limit them more than the world of vision and ignorant wisdom and reject the customs contrary to religious provisions and recommend them clarify the verses of the Koran and encourage people to follow the provisions," noting that " It is increased to life and the rest, including stories and cross and confront problems. "
He explained that "people in this month throw their hearts to this calamity and are busy with the world and it is an opportunity to bring them to the provisions of the true religion and to urge the right, and does not require the viewer of the details of the conditions of society and his behavior effort to find irregularities do not comply in the Sharia religion, They have people in their daily lives. "

Dhi Qar Electricity: We announced the general Nafir to raise more than 250 thousand transgressors on the network

11:49  14/09/2017  Dhi Qar / Al-Ghad Press:
The Directorate of Electricity Distribution Dhi Qar, on Thursday, the General Secretariat of its technical and administrative cadres to participate in the national campaign to lift the excesses of more than 250 thousand exceeded the grid.

The Directorate of Relations and Information Directorate, Hossam Maala, told "Al-Ghad Press" that "the Directorate has mobilized all its technical and administrative staff to participate in the national campaign to lift the excesses from the electrical grid, in implementation of the directives of the Prime Minister and Commander-in-Chief of the Armed Forces, Haider Al-Abbadi," pointing out that " Will target the lifting of more than (250) thousand bypasses on the grid, with the support of the leadership of Rafidain and Dhi Qar police.
He added that "the campaign will be launched tomorrow, where will participate (18) maintenance team from various sectors of the Directorate."
He added that the campaign aims at eliminating the phenomenon of bypassing the electricity network, reducing the rate of waste and wasting in energy, and regulating the consumption process in a manner that ensures the equitable distribution of energy among citizens and ensures its continuity.
There are a lot of abuses on the electricity network in all provinces, which increases the rate of power outages, and not distributed properly.
Kauaihn Iraq Articles:

Iraq gets the support of the Arab League to reject the referendum and fears of armed conflict between Erbil and Baghdad

http://translate.googleusercontent.com/translate_c?depth=2&hl=en&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=http://www.alquds.co.uk/%3Fp%3D789687&usg=ALkJrhjAxGLU6fZxFcZumubyI4bD54UqMg

Shiite deputies demand Abadi not to commit to "dialogue only"    Bright Resan

Sep 14, 2017

Baghdad «Al-Quds Al-Arabi»: Iraq began to move Arab and international, to prevent a referendum on the Kurdistan region to be held on 25 September. In a first step; in conjunction with the adoption of the Iraqi Council of Representatives, on Tuesday, the Arab League on Wednesday decided to reject the referendum and support the unity of Iraq.
"In response to a request by Iraqi Foreign Minister Ibrahim al-Jaafari at a meeting of the Arab League's Ministerial Council on Tuesday, the Ministerial Council issued an Arab and unanimous decision to reject the referendum on the independence of the Kurdistan region," the spokesman for the Iraqi Foreign Ministry Ahmed Jamal said in a press statement. With the Iraqi constitution, which must be respected and adhered to ».
He added that the resolution «support the unity of Iraq, as it represents a key factor for the security and stability of the region». The resolution also stressed that «the threat of this unity represents a threat to the security of the region and the ability of its countries and peoples to confront terrorism».
This comes at a time when Iraqi Prime Minister Haider al-Abadi reiterated his rejection of the referendum in the Kurdistan region, citing the reason for its unconstitutionality.
He said, during a press conference held in the Diwan of the province of Dhi Qar, yesterday in the presence of the governor and the president and members of the provincial council «we emphasize the unity of the country and the unconstitutionality of the referendum in the Kurdistan region». "We live in one country and can not take unilateral action," he said.
Politically also, the deputies of the National Alliance «Shiite», the insistence of the Kurdistan region to conduct the referendum as a behavior is no different from «acts of urging», amid the hint of a «military escalation».
The deputy of the National Alliance (the Shiite bloc) Farid Brahimi, the «Arab Jerusalem»: «If the region insisted on holding the referendum despite all the decisions and positions have been taken, this indicates his assertion dragged Iraq to the scourge and rape of new territories, under the pretext Referendum, which is no different from what was done by the organization of the state ».
He expressed his fear of the outbreak of "armed confrontations" between the Kurdistan region and the federal government, sent a letter to the President of the Kurdistan region of Iraq Massoud Barzani, calling on him to «respect the will of all the Iraqi people and the international community and regional states».
If the referendum is held and Kurdistan is independent, it means that the Kurdish state will be "besieged" from the south, north and east, and there will be no land or air contact with it, according to the source.
"What will Barzani say when there will be no representation of any European, international or regional embassy in his Kurdish state? And what will be Barzani's position when he will not have any economic outlet? What will he say to the people of Kurdistan? "
"The parliament's decision to open the door to the government to act ... should not only abide by the path of dialogue, but must take procedural decisions," said Alia Al-Arabi, a member of the coalition of state law, Whether by moving to the Federal Court or the UN Security Council to prevent the referendum ».
And considered that the objection of the Kurds to pass the parliamentary resolution by a majority and not by consensus «unjustified», based on that «the referendum, raising the Kurdish flag in Kirkuk, and control of the Peshmerga on land outside the region, all decisions were made without consensus».
She concluded by saying: «How can we adopt the principle of consensus and they (the Kurds) have beaten him?
The wave of objections to the referendum in the region did not stop at "Shiite" politicians, but went beyond that to include deputies from eight other Iraqi components.
The representatives of the Arabs, Yazidi, Shabak, Chaldeans, Syriac, Assyrians, Turkmans and Sabean Mandaeans expressed their "categorical rejection" of holding the planned referendum in the Kurdistan Region, including the areas controlled by the region. In Nineveh.
Nineveh province MP Nayef al-Shammari said in a press statement on Tuesday that "the referendum is a threat to the future of Iraq and threatens to dismantle national unity and create a hotbed of conflict between the components."
He called on the federal government to "protect the components (in Nineveh) from any provocative act that provokes their encouragement, in order to force them to vote in favor of the referendum," revealed that "the Kurds rely on the Peshmerga forces to hold the referendum in the Nineveh regions."
Also called on the parliamentary clans committee, yesterday the three Iraqi presidencies (the republic, government and parliament) and leaders of the political blocs, to hold an emergency meeting to discuss the issue of the referendum.
This came in statements made by the President of the Committee Abboud al-Issawi, in a press conference with a number of members of the Committee, in the parliament building in the capital Baghdad.
He said that "the brothers in the region are calling for the referendum submitted to secession from Iraq, and we declare our concern for what the brothers in the leadership of the region," adding that "imposing the fait accompli, a mistake and a painful crime."
The head of the parliamentary committee, the three presidencies and the leaders of the political blocs, called for an emergency meeting to determine the situation, and work to open a direct and serious dialogue with the leadership of the region, and begin to resolve differences.
He also called on the leadership of the region and all the influential forces to «retreat from the referendum to be held, and avoid the country's entry into conflicts of brotherly fighting in the disputed areas».
Issawi invited tribes in the disputed areas to "unity of the row, and the formation of delegations to contact the relevant authorities in the region and the central government."
The «Arab Jerusalem» on the text of the decision of the House of Representatives, on the referendum in the Kurdistan region of Iraq, which stated that the parliament decided «to reject the referendum to be held within the borders of the Kurdistan region, and beyond the borders of the region and in all disputed territories, including Kirkuk, and oblige the competent authorities to take What is needed to cancel it. "
The resolution also states that "the Iraqi government has the responsibility to preserve the unity of Iraq and to take all measures and decisions that guarantee the preservation of Iraq's unity." It also called on the federal government and the territorial government to begin serious dialogue to address outstanding issues under the constitution and the laws in force

Dana Gas Sukuk offers a settlement that includes immediate repayment

14-09-2017 05:01 PM
The Euphrates -
Dana Gas's Abu Dhabi Islamic bondholders, valued at about $ 700 million, submitted a proposal to restructure the sukuk to manage the company, sources told Reuters.
Dana Gas declined to redeem the instruments due in October after changes in Islamic financial practices in recent years that are not Sharia compliant, and thus contravene UAE law.

Israel becomes first state to back an independent Kurdistan

The terms of the offer include a cash payment of $ 300 million to Sukuk holders, an extension of the sukuk maturity period of 3 years, and maintenance of current rates of periodic dividend distribution to investors.



I supported the establishment of a Kurdish state, Prime Minister Benjamin Netanyahu said on Wednesday, as Kurds in Iraq gear up for a referendum on independence that lawmakers in Baghdad oppose.
Israel has maintained discreet military, intelligence and business ties with the Kurds since the 1960s, viewing the minority ethnic group - which indigenous population is split between Iraq, Turkey, Syria and Iran - as a buffer against shared Arab adversaries.
Other nations have been associated to support Kurdish independence, fearing it will introduce another source of instability into a fragile region.

British agency: UN doubts the credibility of voting in the referendum

A report on the objection of the Arab minority in Kirkuk to the admission of their city of the referendum of the Kurdistan region, submitted a petition to the United Nations.
The Kurdish government is still determined to implement the independence of Kurdistan despite domestic and international objections, the agency said in its report, The Journal News.
Kirkuk is home to Arabs, Kurds and Turkmen. "We hope that this step will not cause a military war with Baghdad, but the Peshmerga is ready to fight for Kirkuk," the head of the province, Massoud Barzani, told the Kirkuk provincial council a few days ago.
In addition, the Kurds' desire for independence began with the partition of the region by Britain and France in the First World War. Currently, the territory of the region is limited to Iraq, Turkey, Syria and Iran.
At the end of its report, the agency noted that the United Nations said in July that it would "not engage in any of the affairs of independence", which calls into question the credibility of the referendum vote

The US Senate keeps a mandate to allow "Trump" military intervention in Iraq

The US Senate has retained a mandate allowing President Donald Trump to intervene militarily in Iraq, Syria and Afghanistan.
"The US Senate, rejecting an effort from some of its members, would have forced the US administration, if approved, to request a new Congressional authorization to wage war on a terrorist organization and terrorist organizations," the Associated Press reported in a report on Thursday.
"The Senate has rejected the repeal of two resolutions passed by Congress in 2001 and 2002 and authorized President George W. Bush to launch wars in Afghanistan and Iraq, and are still in force."
"The vote was made at the request of Republican Sen. Rand Paul, who considers that the current military intervention in Iraq and Syria against Da'ash is being conducted without permission and is therefore unconstitutional."
"He rejected" the rejection of the project, which calls for the abolition of the resolutions, six months after its adoption, 61 senators against the approval of 36. "
"There were 33 Democratic senators and three Republicans to end the old ones," she said
By resorting to military force. "
"In Paul's opinion, there could be a new debate in Congress about the wars involving US troops abroad in the six months he set out in his proposal, so lawmakers decide whether they want to issue a new mandate," she said.
She pointed out that "opponents of the project expressed concern that the deadline would expire without
Agreement on a new mandate, which deprives foreign military operations of the legal basis. "
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OIL/ COMMODITIES/ENERGY

Ex-UBS trader accused of manipulating metals market in 5-year 'spoofing' scheme
CNBC
A former UBS trader suspected of manipulating precious metals prices has been arrested. Read the full story

Anxiety rising over fate of Mexico's energy reformsChron.com
WASHINGTON - After decades of banishment from Mexico's oil and gas fields, American companies like Exxon Mobil and Chevron are becoming a presence there again. Read the full story

US shale oil and gas investors are on a 'road to ruin,' warns renowned short seller Jim Chanos
CNBC

Investors are taking for granted accounting methods that mask problems with the fundamental business model in the U.S. shale patch, Jim Chanos warned. Read the full story

Commodities - Crude Oil Down In Asia As EIA Data Drags On SentimentInvesting.com
© Reuters. Crude down in Asia Read the full story

Commodities - Gold Drifts Lower In Asia With India Demand Cues AwaitedInvesting.com
Commodities Sep 14, 2017 03:07 GMT Investing.com - Gold prices dipped in Asia on Thursday with demand cues sought from the upcoming festival season in India with festivals such as Diwali often seeing a spurt in buying. Overnight, gold futures for December delivery on the Comex division of the New York Mercantile Exchange edged down 0.14% to $1,326.10 a troy ounce. Overnight, gold prices fell for a third day in a row, pressured by a sharp rise in the dollar as investors continued to flee Read the full story

Commodities - Gold Prices Hold Steady Ahead of U.S. Inflation DataInvesting.com
Gold prices little changed with U.S. data in focus Read the full story

Gold demand stifled in top buyer by prices, laundering curbs
The Globe and Mail

Rising gold prices and government measures to enforce compliance in the Indian jewellery industry are deadening demand in the world’s second-largest bullion market Read the full story
BANKS / BANKING


Bank of America Is Now Worth (Slightly) More Than Wells Fargo
FORTUNE
One of the most amazing reversals in the annals of financial services is now official. As of September 13, Bank of America’s market cap has edged past that of its archrival Wells Fargo. At 10:30 AM, Bank of America’s value stood at $255.9 billion, just over $1 billion higher than Wells’ cap of $254.85 billion. Of course, the contest is so close that BofA could slip easily slip behind within hours or days, so we’ll call the race between the banking behemoths a tie. The odds that BofA could Read the full story

Switch.Ditch.Save.: A Clark.com Guide to Cheaper, Easier & Better Banking
Clark Howard
Want lower fees, higher returns, more convenience and better customer service from your bank? Join our #SwitchDitchSave movement and make your banking life easier and more rewarding! You work hard to make your money — so the last thing you want to do is blow it on unnecessary and outrageous fees. But unfortunately, if you’re like most Americans, you’re probably wasting a lot more cash than you even realize. And one of the biggest culprits is your own bank! The relationship you have with your Read the full story

Why Bankers Don’t Like Bitcoin
Markets & Money
Bankers feel threatened by disruptive currencies like bitcoin. And so they should be. Cryptocurrencies will do to the financial system what the internet did to the media. People will be able to choose another form of money that is beyond the government’s control. The post Why Bankers Don’t Like Bitcoin appeared first on Markets and Money. Read the full story

How Amazon's Sharp Expansion Could Hurt MasterCard
Investopedia

Amazon's sharp expansion could hurt Mastercard. Read the full story

7 Things Bank of America Wants You to Know
The Motley Fool

This is not the same bank that it was just after the financial crisis. Read the full story

TREASURIES/ BONDS/ STOCKS


6 Countries Where Bond Risk Selling May Be Brisk
Barron's

One bond manager is selling bonds in six developing economies to reduce portfolio risk. Read the full story

BANCOLOMBIA: Company Issues US$ 400 Million In 5-year Bonds In Panama
RTTNews

Banistmo, the financial institution held by the Grupo Bancolombia in Panama, placed US$ 400 million in bonds maturing in five years with a 3.65% annual coupon. Demand was equivalent to 4.5 times the amount sold, reaching US$ 1.8 billion. Read the full story

Argentina Bonds: “Vulnerable” To Selling?
Barron's

Argentina has flooded the market with bonds average a long hiatus. What's next for returns from a strategist watching the government budget. Read the full story

INSURANCE
Storm damage? Get some basic info and apply now for FEMA assistance

CURRENCIES
Bitcoin is tumbling after Chinese regulators say an exchange ban is certain
Business Insider UK


Bitcoin continued to tumble Thursday after reports in Chinese media showed the country's regulators were moving closer to shutting down exchanges. Reports from Bloomberg and the Wall Street Journal on Monday first indicated that China planned to ban trading of bitcoin and other virtual currencies on its exchanges. According to Bloomberg's Lulu Yilun Chen, China Business News reported that the city of Shanghai has verbally halted bitcoin exchanges. The website Crypto Coins News further cited a Read the full story

Bitcoin exchange BTCChina to stop trading from Sept. 30
Reuters

Chinese bitcoin exchange BTCChina will stop all trading from Sept. 30, as regulators crack down on the nascent cryptocurrency sector in a bid to stamp out potential financial risks. Read the full story

Forex - Dollar Little Changed With U.S. Data on Tap
Investing.com

Dollar holds steady vs. rivals with focus on U.S. inflation data Read the full story

Forex - Dollar Steady against Other Majors Ahead of U.S. Inflation DataInvesting.com
© Reuters. Dollar steady ahead of U.S. inflation data Read the full story
Forex - Sterling Higher as BoE Says Rates Could Rise Within MonthsInvesting.com
© Reuters. Sterling higher as Bank of England says rates could rise within months Read the full story

Forex - Aussie Rises, Kiwi Holds Steady after Strong Australian DataInvesting.com
Aussie gains ground on upbeat jobs data, kiwi holds steady Read the full story
Forex - Yen, Aussie flat in early Asia with China, Australia data aheadInvesting.com
© Reuters. Yen flat in Asia Read the full story

Inside Asia's Record Forex Reserve Levels
Bloomberg

Non-stop business knowledge Get more on The Bloomberg App Bloomberg's Enda Curran reports on record Asian forex reserve levels. He speaks on "Bloomberg Daybreak: Asia." Read the full story

USA
Janet Yellen's right-hand man is hanging up his boots
Business Insider UK

Federal Reserve Vice Chair Stanley Fischer announced last week he was resigning for personal reasons before the end of his term, opening yet another seat in the central bank’s powerful board for President Donald Trump to fill. The departure of Fischer, 73, represents a big loss of institutional knowledge and gravitas for the Fed at a time when many American institutions are sorely lacking in technocratic expertise. Fischer is considered the leader of a generation of prominent academic and Read the full story

U.S. Inflation Rises More Than Expected in AugustInvesting.com
U.S. CPI increases 0.4% in August vs. 0.3% forecast Read the full story

Consumer Prices Rise, But Low Inflation Is Still Worrisome
Barron's

Inflation rose in August, but mostly due to higher gas prices, which may prove transitory, and rising rent, which can hurt consumer spending. Read the full story

US incomes are up, but not for everyone
CNBC

Incomes are rising for many American households, but not everyone is benefiting from the ongoing recovery. Read the full story

Donald Trump says US needs to cut corporate tax to 15% to match China, which has rate of 25%
The Independent

Donald Trump has reiterated his goal to lower the US corporate tax rate to 15 per cent to "match" China. Read the full story
Opinion | 'Dreamer' Migrants Make U.S. Economy Stronger
Bloomberg

Promises to keep. Economics can be used to identify tradeoffs in public policy by enumerating costs and benefits. President Donald Trump’s decision not to allow the Deferred Action for Childhood Arrivals program to continue will create economic costs, if Congress does not act. The U.S. stands to lose hundreds of thousands of productive workers, the value those workers generate, and the taxes those workers pay. The economic benefits of deporting 690,000 people whose families brought them here Read the full story

A basic income could boost the US economy by $2.5 trillion
The World Economic Forum

Researchers have conducted a new study exploring the effects of universal basic income on the US economy. Read the full story


EMERGING MARKETS

Finding Opportunities in Emerging Markets
Bloomberg

UBS Wealth Management CIO and Head of Emerging Markets Michael Bolliger discusses opportunities in emerging markets. He speaks on "Bloomberg Markets: Middle East." Read the full story

A Tactical Emerging Markets Idea
Benzinga

Many diversified emerging markets exchange-traded funds are heavily allocated to Asia. Whether those funds track the MSCI Emerging Markets Index, related benchmarks or not, the prominence of Asian countries is supposedly diversified emerging markets funds is reflective of the continent's stature in the MSCI benchmark. Investors looking to remove the clutter of Emerging Europe and Latin America while focusing solely on emerging Asian opportunities have some ETFs to consider, including the iShares Read the full story

Emerging markets to deliver over 100% returns in two years, says BofA-ML
Business Standard

Even as Asian markets are ruling at their decade high levels, there is enough room for them to deliver over 100% returns in the next two years, believes foreign brokerage BofA-ML, advising investors to raise exposure, if they have not already. "EM equities are already up 60% since January 2016 in this bull market, and we think a potential doubling is likely in the next two years to mirror the trajectory of prior bull markets," said BofA-ML. If history is a guide, EM equities rise 230% on average Read the full story

Emerging markets are outperforming developed markets, but analysts argue about the growth outlook
CNBC

Emerging markets (EM) have continued to grow faster than developed markets, but analysts have conflicting views about the sector's growth outlook. Read the full story

MIDDLE EAST


The Business of War Is Booming for Europe’s East
Bloomberg

Eastern European arms exporters are capitalizing on years of turmoil in the Middle East. Makers of bullets, assault rifles and guided missiles in countries including Bulgaria and the Czech Republic have seen demand surge as conflicts swept across the region in the wake of the Arab Spring. As well as selling weapons to nations actively involved in fighting, such as Iraq and Saudi Arabia, they’ve also struck deals with the U.S. and other third parties. “The uptick in arms sales to the Middle East Read the full story

Iraq governor sacked over Kurd independence vote
FRANCE 24 - English

Iraq's parliament voted on Thursday to sack the governor of oil-rich Kirkuk over his decision for the northern province to vote in a Kurdish independence referendum opposed by Baghdad. Read the full story
Iraq MPs Votes to Oust Kirkuk Governor Days Before Referendum


UK's May stressed importance of Iran nuclear deal to Tillerson: spokesman
Reuters

British Prime Minister Theresa May stressed the importance of a 2015 international agreement on Iran's nuclear program to U.S. Secretary of State Rex Tillerson on Thursday during a brief meeting at her London office. Read the full story
AFRICA


Nigeria announces $5.8 billion deal for record-breaking power project
CNN

Record-breaking megaproject will be the largest power plant in the country. Read the full story

Zimbabwe: City Readies for U.S.$15 Million Water Meter Deal
AllAfrica

Harare City Council has extended the Memorandum of Understanding with its Egyptian partner El-Sewedy Electrometer for the establishment of a $15 million pre-paid smart water meter manufacturing plant in Harare by 14 days to facilitate a feasibility study on the business. The two parties signed a Memorandum of Understanding in May, culminating in a Joint Venture Agreement for the establishment of the plant, which is expected to create over 200 direct jobs for locals and more within the value Read the full story

Zimbabwe to use biometric technology in 2018 electionsAljazeera
Zimbabwe is compiling a new voter register in advance of next year's presidential and parliamentary elections. Biometric technology will be used for the first time instead of doing things manually. Read the full story

Zimbabwe: Farmers to Produce 200,000 Tonnes of Wheat
AllAfrica

Stakeholders in the agro-processing sector are mobilising funds for timeous payments for locally produced wheat. Zimbabwe expects to produce about 200 000 tonnes of wheat this season against a demand of 400 000 tonnes. The Grain Millers Association of Zimbabwe is mobilising funds to finance the importation of the 200 000 tonnes to cover the deficit. Also, the agro processors are coming up with a comprehensive wheat buying programme ahead of the winter wheat harvest. The stakeholders will be Read the full story

A forgotten ancient grain that could help Africa prosper | Pierre Thiam
TED

Forget quinoa. Meet fonio, an ancient "miracle grain" native to Senegal that's versatile, nutritious and gluten-free. In this passionate talk, chef Pierre Thiam shares his obsession with the hardy crop and explains why he believes that its industrial-scale cultivation could transform societies in Africa. Read the full story

Africa: Size Matters - Developing Businesses of Scale in Sub-Saharan Africa
AllAfrica
Policymakers will need to better understand the drivers of, and obstacles to, the growth of African companies if they are to achieve national development goals and create better jobs. Africa is overwhelmingly young - and getting younger. The coming 'youth bulge' is set to more than double the continent's population from 1.2 billion today to around 2.5 billion by 2050. These new generations could be a huge asset in driving development. But they also represent a latent threat to the continent's Read the full story
Southern African Power Pool could learn from Nordic countries’ approach to energy security
Engineering News

Southern Africa can take heed of the success of the Nordic region’s achievement of energy security through successful cross-border trade and integration, its integrated markets and other critical elements of the Nord Power Pool. This is the message that emerged from the first day of the three-day Nordic Energy Days conference, being held at the Innovation Hub, in Pretoria, from September 13 to 15. Read the full story


ASIA
Question Of The Day: Will Weak China Data End Commodity & EM Rallies?
Barron's

China remains in growth mode, but skeptics see weak trends in economic data as a warning sign for some assets. Read the full story


Winning in Asia's massive credit market requires more than one strategy, says investor
CNBC

If yield-seekers want to profit from Asia's credit market, they must be prepared to vary strategies, said Ilfryn Carstairs of Varde Partners. Read the full story

3 Must Read Stories: Bitcoin Bubble, Trump Blocks China-Backed Bid for Lattice, North Korean Crisis
Barron's

Asia Stocks to Watch Bitcoin fell for the sixth straight day on Wednesday amid a torrent of negative news for the crypto-currency such as the Chinese ban on domestic exchanges to JPMorgan CEO calling it a fraud. Bitcoin has slumped 25% since hitting a record high of $5,014 on September 2. It was recently trading around $3,893 in early Thursday trading. CNBC has an interesting article by Ron Insana on why Bitcoin is in a bubble and why a crash will inevitably occur. Here's a brief extract: U.S. Read the full story

Wealthy Chinese families are seeing Brexit as a 'good buying opportunity'
Business Insider UK

China's newly wealthy families have increased their overseas investments in European properties and technology stocks in the US, according to research by UBS and Campden. Enrico Mattoli, head of global family office in Greater China at UBS Wealth Management, said that family offices in Hong Kong and mainland China were increasingly seeking opportunities beyond Asia. "We've seen growing interest in overseas investments from China's family offices," Mattoli said at the Hong Kong release of the Read the full story

China's August Data Shows Economy Cools Again
Bloomberg

Jian Chang, chief China economist at Barclays, discusses China's August economic data and what it means for the economy. She speaks on "Bloomberg Markets: Asia." Read the full story

JPMorgan: China's reforms are actually kicking in
CNBC

China's supply-side reforms are showing signs of success as the world's second largest economy shows signs of positivity, said a JPMorgan Chase executive. Read the full story


EUROPE

Pound rallies as Bank of England targets rate rise in coming months to combat inflation
The Telegraph

Majority of Bank of England's MPC believes "some withdrawal of monetary stimulus is likely to be appropriate over the coming months" to combat inflation MPC voted 7-2 in favour of leaving interest rates at 0.25pc Pound jumps on currency markets as traders digest the hawkish hint on rates in the BoE's statement; sterling is trading 0.7pc higher at $1.33 FTSE 100 recovers from poor start; miners weigh heavily after disappointing Chinese data Read the full story

'Thank God we're leaving!' Nigel Farage BASHES EU for 'learning NOTHING' from Brexit
Express

FORMER Ukip leader Nigel Farage pilloried Jean-Claude Juncker's state of the union speech for proposing an expansion of EU power in the coming years. The staunch pro-Brexit political launched an incensed attack against EU boss Jean-Claude Juncker and the institution. Read the full story

Hungary rejects 'dead end street' of ceding powers to EU
Reuters

Hungary will not relinquish any of its national sovereignty to the European Union and will keep fighting against the EU's quota system for taking in asylum-seekers, Foreign Minister Peter Szijjarto told Reuters. Read the full story

Punishing UK is punishing OURSELVES' Italian MEP rails against EU's Brexit 'REVENGE'
Express

AN ITALIAN MEP has hit out at the European Commission over its “bad attitude” over Brexit, insisting “a punishment to the UK would be a punishment to ourselves”. Fabio Massimo Castaldo told Express.co.uk he hoped an “intelligent point of view” would prevail after the European Commission’s President Jean-Claude Juncker said Britain would “regret” its vote to leave the EU. Read the full story

Let it Be (Brexit)! Ringo Starr says leaving EU is 'great move'
Daily Mail

The Beatles drummer also insisted it was ridiculous to demand a rerun of the historic EU referendum just because you 'don't like that vote'. Read the full story
Blessed and Highly Favored:
There are no updates on the CBI or ISX websites for Friday, September 15, 2017 due to Iraq's holy day.
UN Operational Rates Update:
The UN Operational Rates were published on Wednesday, September 13, 2017 and will become effective on Friday, September 15, 2017. Also, there is a 48 hour window on either side of September 15, 2017 for the numbers to be revised and still be official for September 15, 2017 (IMO....Tuesday, September 19, 2017)
Blogs:
Aggiedad77 Articles: "Abadi close: Barzani will announce the postponement of the referendum after American threats"

"Parliament of the region will postpone the referendum with an American advice
"


Whatever it takes IMO...don't mess with the plans at this stage of the game...wait until you see what will be coming to you...then if you want to upset the apple cart...more power to ya'...IMO...Abadi...say the right words, use the right speech...show the Kurds what is behind Door #2 for them...or would they simply rather have the parting gifts.
MilitiaMan
Article: "Controller and Auditor"
Quote:
"External auditors have contracted with internationally recognized and reputable companies such as Ernst & Young, KPMG and PLC, internationally recognized and recognized international audit and account management companies, financial statements and budgets."

This to me is telling us they are fully ready to do what is expected of the CBI with international standards. They have contracted with some very big names that are respected globally and that tells me they are not going to be at a program rate in the proximal future...imo.
MilitiaMan
Article: "$200 million to support stability in liberated areas"
Quotes:"The World Bank has allocated $ 200 million to implement the emergency project to support the stability of the liberated areas..."

"...the project will be launched at the end of September..."

End of September, interesting timing. I'll bet there are strings attached, as in raise the rate on the IQD first. Imo.

The Big Call w/ Bruce Intel Notes 9-14-17


BRUCE INTEL THU 9/14--REST COMFORTABLY, BE READY-- OUR INTERNET GRP EXCHANGE START IS JUST ABOUT HERE
--WE MAY NOT BE DOING MANY MORE CALLS FROM TODAY ONWARD [EXCHANGES EXPECTED TO START IMMINENTLY]

--ABADI AND OTHER DIGNATARIES HERE IN THE USA WERE AT THE UN TODAY THU 9/14--IRAQ DID INITIATE THEIR FINAL RV ECONOMIC REFORMS 4 DAYS AGO--IRAQ IS SET TO RELEASE THE FINAL DINAR RV RATE BY SAT 9/16--WE UNDERSTAND ABADI WILL BE ANNOUNCING A DINAR RV RATE [RAYREN SAID THAT ABADI ANNOUNCED YESTERDAY WED 9/13 THE ECONOMIC REFORMS (RV) WERE COMPLETED]
--EXCHANGE CENTERS IN FL WERE EVACUATED OUT OF SOUTHERN FL WHEN IRMA CAME THROUGH--ALL EXCHANGE CENTERS ARE BACK ONLINE, 6 WERE READY IN MIAMI FULLY STAFFED AND READY--MIAMI IS FAIRLY BUSY IN GETTING READY FOR OUR EXCHANGES, IT WILL BE A MAJOR CENTER FOR EXCHANGES

--TX & LA EXCHANGE CENTERS ARE BACK ONLINE--ACCD TO OUR SOURCES, IT SHOULD BE THAT IN THE NEXT COUPLE OF DAYS OUR EXCHANGES WILL BE ABLE TO START IN THE EXCHANGE CENTERS USA WIDE

--WE HAVE HEARD OF SOME TIER 4 EXCHANGES OVER THE PAST COUPLE OF DAYS--

--INTL SCREEN RATES (NO NDA) ARE HIGHER AND MOST WILL NOT NEED TO NEGOTIATE THE HIGHER NDA RATES IN OUR EXCHANGES--WE CAN NEGOTIATE HIGHER RATES IF WE HAVE PROJECTS THAT REQUIRE THEM
--INTERNET GROUP EXCHANGES (TIER 4) WILL HAVE PLENTY OF TIME TO FINISH OUR EXCHANGES--
--WHEN THE PUBLIC START THEIR EXCHANGES, THE RATES WILL GO BACK DOWN FOR THE PUBLIC--THE CHINESE ELDERS WANT US IN THE INTERNET GROUP (TIER 4) TO GET THE HIGHER RATES IN THE EXCHANGE CENTERS, BECAUSE THEY WANT US TO DO HUMANITARIAN AND JOB CREATION PROJECTS

--WE ARE VERY, VERY CLOSE--WE ARE SEEING MONEY MOVING LIKE NEVER BEFORE--WE HAVE SEEN THINGS THAT DEMONSTRATE TO US THAT THIS IS REALLY OUR TIME

--WILL PROBABLY SET UP VETERANS RETREAT NETWORK AS A 501(C) 3 NON PROFIT ORGANIZATION--WANTS TO JUST SET UP REBUILD AMERICA AS A TEMPLATE COLLECTION FOR PROJECTS IN ALL 50 STATES, HOPING TO GET 5000 BIG CALL PARTICIPANTS TO CONTRIBUTE AND FOLLOW THE TEMPLATES AND HELP EACH OTHER FIND THE BEST WAY TO DO PROJECTS IN EACH OF THE 50 STATES
--REST COMFORTABLY BECAUSE THIS RELEASE, OUR EXCHANGE START IS JUST ABOUT HERE--ENJOY YOUR EXCHANGE PROCESS AND APPT

--BE EXCITED AND CONTINUE IN FAITH

The Big Call w/ Bruce Intel Notes 9-14-17
Iraq is done. Have made their announcement, maybe including the rate.

Miami had 6 redemption centers open yesterday. They had flown personnel north to Destin, Atlanta, but they are back in place now. Miami is “fairly busy” now. “It’ll come back online.”

Texas and Louisiana redemption centers are back as well. Very possible that these will be open this weekend.

Rates were up again. Meeting CBI rate. Ours should still be higher than what is on the screen.

Zim is higher as well. They are trying to get it to trade up to a certain range. It is fantastic now. You may negotiate it higher, but many of you will be happy with the “no NDA rate”—between 3 and 4 dollars.

John Q Public exchange time may be pushed back as far as Oct 1st, because of all of weather.

Rates will probably drop after that. Dinar and Dong. They call you 6 million people “the Internet Group”. The Chinese want you to benefit, to do projects, to do well. That is why they are willing to negotiate with you.

I hear “Any day now” and I feel good about it. We said that before, but now we hear about money moving, and we believe it is our time.

Partner with the big call for our projects if you don’t have your owny

 

Central Bank to Tackle Hoarding of Iraqi Dinars

September 14, 2017 in Iraq Banking & Finance News
By John Lee.
The Central Bank of Iraq (CBI) has held symposium entitled “Analysis of the phenomenon of Hoarding in Iraq“, addressing the problem of people hoarding Iraqi dinars (IQD), and not making them available to the banking system.
During the seminar, the Governor of the Central Bank, Dr. Ali Mohsen Ismail (pictured), pointed out that cash is not available as planned, and that the CBI is drawing up plans to solve this problem and attract money into the banking system.
According to a CBI statement, the term “hoarding” is used in its economic sense to mean “holding money and imprisoning it from circulation or keeping them in the boxes inside the house and not taking them out to trade in the markets.
(Source: Central Bank of Iraq)

Kauaihn Chatter
http://www.dinarguru.com/
9-15-2017   Intel/Newshound Guru payray  Article:   "For economic reforms and upgrading of banking institutions"   Quote:  "For the success of this linkage, administrative restrictions have been applied to the external transfer of goods, services and capital movement. Thus, it followed conservative monetary and financial policies that kept the stability of the Iraqi dinar stabilized by the Central Bank at $ 3.2 per dinar."   ...this is great news.. If they want to get those 3 zero notes off the streets, 3.22 would certainly do the job...the dollar would be non-existent in no time.

9-15-2017   Newshound Guru Kaperoni
   Article:  "Three-quarters of the money supply outside banks and the central circle .. calls for investing"   I hate to say it, but this is another article that speaks as if they do not know what they should do.  As we have said over and over, they need to get parliament to do its part...passed the laws, strengthen the CBI and get deposit insurance in place.  Doing so will invite foreign investment, create a revenue stream outside of oil and help them turn the economy around.  Iraq tends to do nothing, then complain about it. It's got to be frustrating for Ali al-Allaq, he has been waiting for his revised CBI Law and parliament keeps kicking it down the road. 
9-14-2017   Newshound Guru MilitiaMan   Article:   "$200 million to support stability in liberated areas"   Quotes:  "The World Bank has allocated $ 200 million to implement the emergency project to support the stability of the liberated areas..."  "...the project will be launched at the end of September..."   End of September, interesting timing. I'll bet there are strings attached, as in raise the rate on the IQD first. Imo.

9-14-2017   Intel/Newshound Guru payray  Article:  "The Federal Government has issued new measures to support and revitalize the investment and reconstruction sector in the country."    Sounds as though they intend to industrialize Iraq, and utilize their youth which make up about 50 percent of their population...   It is going to be interesting to see how this transition takes place... Will the Iraqi workforce be up to the task?... The diversification of Iraq's economy will take some time to take place... But considering the amount of time, and resources that have been poured into Iraq, those who have so certainly want to ensure that their investment pays off...

9-14-2017   Newshound Guru MilitiaMan   Article:  "Controller and Auditor"   Quote:  "External auditors have contracted with internationally recognized and reputable companies such as Ernst & Young, KPMG and PLC, internationally recognized and recognized international audit and account management companies, financial statements and budgets."   This to me is telling us they are fully ready to do what is expected of the CBI with international standards. They have contracted with some very big names that are respected globally and that tells me they are not going to be at a program rate in the proximal future...imo.

9-14-2017   Newshound Guru Aggiedad77   Articles:  "Abadi close: Barzani will announce the postponement of the referendum after American threats" "Parliament of the region will postpone the referendum with an American advice"   Whatever it takes IMO...don't mess with the plans at this stage of the game...wait until you see what will be coming to you...then if you want to upset the apple cart...more power to ya'...IMO...Abadi...say the right words, use the right speech...show the Kurds what is behind Door #2 for them...or would they simply rather have the parting gifts. 

9-14-2017   Intel Guru RayRen98    It is being reported PM Abadi publicly announced that economic reforms are completed. The international rate for Dinar is reported s $3.70.  Barzani postponed the September 25 vote for independence for Kurdistan due to lack of international support and overall resistance.
9-14-2017   Newshound Guru Adam Montana   [What would a independent Kurdistan mean to our hopes and dreams to retire via nice RV? Do you still believe they will never separate?]   I still don't think they will split... [reference Adam Montana post 9-13-2017]  But I LOVE how this current situation and the events unfolding right now are pushing things in a very positive direction. Things are looking very good for us right now!
Elmer:
Not in today
Artmeister:

THE BIG CALL WITH BRUCE THURSDAY, SEPTEMBER 14, 2017, INTEL ONLY

TRANSCRIBED BY PINKROSES


Bruce:
Good Evening Everybody. Welcome to the Big Call. There have been some things that happened in Iraq. Many of you know that Prime Minister Abadi and a couple of other Dignitaries were here and they went up to New York to speak to the UN. I heard Abadi spoke at the UN, but didn’t hear the message itself. I did hear that Iraq did initiate their monetary reforms 4 days ago in Iraq.


Bruce: We were looking for an announcement to reflect the new rate. We believe the Gazette did come out yesterday with the rate, I don’t have it exactly yet. I am not for sure it got released or it will be releaseSaturday as far as the new rate. Iraq is done. I heard something about the rate for Iraq but today is different. I couldn’t nail done it. They are moving along well and that will bode well for us in the very near future.
Bruce: When it comes to the Redemption Centers, we heard the Redemption Centers not being online in Florida for awhile. We heard that Redemption Centers from Tampa south many of those were evacuated, many of their principle people were flown up to Dustin and Tallahassee, and some of the bankers form South Florida were flown into Atlanta to weather the storm up there. Then Atlanta was affected by the storm. I just think it is really interesting how that happened.
Bruce: I believe everybody is back or on their way back now. Miami is moving along nicely. They had 6 Redemption Centers fully staffed and ready to go in Miami. I do believe Redemption Centers in Florida is moving along nicely for us to take exchanges for us. Miami is fairly busy getting ready and in terms things are happening down there. I believe it will be very busy in the near future. It will be a major center for exchanges and other parts of Florida. I am excited about the way that the state is recovering and coming back.
Bruce: Texas has made it back and Louisiana as far as the Redemption Centers. For this to be under way for us the next couple days is very possible. I heard stories that indicated people there are doing exchanges already. These were not part of the network we will access with 800 number to set our appointments. Pretty positive things happening out there.
Bruce: Briefly, we did hear rates. We are up again. They are increasing rates on the dinar. They may have settled in on a CBI rate. Just realize the rate that is shown on the CBI is not the rate we will have at the Redemption Centers. We will have a much higher rate here, and able to exchange at a privately negotiated rate. It will be higher.
Bruce: The ZIM is trading up higher still. They want to sort of keep the ZIM at a certain point and not exceed it right now. They are trying to get it traded up and it is. It is a great range where the screen rate itself is absolutely fantastic. When we go in and see those rates, we will be fine on those. You can negotiate higher if you wish, but many of you will be fine on the non-NDA screen rate. It is not something in the 5 cent, 10 cent or whatever rate. It is in the range of between $3 and $4. Even though I don’t do rates, I think you should know that. When we go and exchange thru the Redemption Centers, we will have the opportunity to get those privately negotiated rates and get them higher if you have projects.
Bruce: Whenever the John Q Public starts, and I don’t know when that will be now. I thought it would be on the 15th. Then it got moved to the 22nd of this month. Now, with everything happening in Florida, I wouldn’t be surprised if it got pushed back to October 1st for the John Q Public. I don’t know that. We will have plenty of time to exchange and you will be happy to do that. Set your appointment, go in, and get it done. The ZIM is the key. They are very interested in picking up the ZIM bonds that we hold, and you will have every opportunity to do that.
Bruce: Now after we are done and the so called John Q Public starts, that is when you will see the drop in the rates all across the board not just the ZIM but the Dinar and Dong and other currencies as well. Keep that in mind. If you are paying attention to the Big Call and on the blogs, you are in the Internet Group. It is not an official group, but a loosely formed group of about 6 million people who are listening and paying attention what is going on. The Chinese want this group, the Internet Group, to benefit. They want us to do projects. They want this to go to humanity, and not just to our own pocket. That is why they are willing to negotiate these rates as privately negotiable rates up higher.
Bruce: We are very close to this going. I hear some things about any day now, and I feel good about that. I am in a very calm mood and relaxed state of expectation in waiting for this to come thru. We said that before, but now we are seeing money moving around like we never seen before. We just have heard things and read some things just led us to believe this is our time.
Bruce: Just remember if you don’t have projects of your own and want to partner with us Rebuild America, Veteran Relief Network, it will be available for people to help. There will an opportunity to get into that. Rebuild America I want to have a template of some ideas that we will use and have the entire Big Call Universe that wants to participate get the ideas from what we will put out and do that in your own city, town, or community. That is going to be up to you. We will have the website up and running probably within a few weeks, and have it so you can sign up and register.
Bruce: Enjoy the exchange process, and some appointments with your CPA and Attorneys. Just enjoy the whole experience. We will be there. You don’t have to rush and be the first to sign up for a city. We will put it out there for you to participate. I am looking for 5,000 or more to participate in Rebuild America. We will build homes, whole communities, recreation centers, schools, adding onto schools, working with clinic. There will be quite a bit we can do. We will put out suggestions. You will check out the city or town you are interested in and see what they need. We will be communicate to see what is the best way to do that. I plan on having leaders in each state and region, and try to tie the whole thing together from a national perspective. I am looking for leaders. If you are someone who wants to volunteer and want to be a leader, let me know that too.
Bruce: That is really it. You can rest comfortably this is just about to come to us between Abadi’s announcement, and what is happening to the dinar. We may or may not have a fixed rate out. Thank you everybody for listening tonight and for coming in. When I get the toll free number, we will put it out with Kent’s help and send it out to a few other sites afterwards. In the meantime be excited, be patient and continue in faith. That is very important. Thank you Sue Bob, Pastor Steven, and Kent. Good night everybody.
THANK YOU BIG CALL AND BRUCE, HUGSSS
Catnip:
ARTICLE 1 (from PM Abadi's webside)

No new postings since September 13, 2017.

***************
ARTICLE 2-A

Barzani describes Arabs as "mafias" and accepts a suitable alternative to the referendum
2017/9/14 19:46
[Ayna-Baghdad]
The head of the Kurdistan region, Massoud Barzani, described the Arabs and their history as "mafias".
"The will of our people in Zakho is sufficient for all of Kurdistan, and we do not threaten anyone and we do not like bloodshed," Barzani said in a speech during his participation in the carnival held in the stadium of the city of Zakho to support the independence referendum of Kurdistan. "Whoever wants to harm Kurdistan will come to the field."
"Anyone who has a jealousy will not accept dependency on others. There is no more Sykes-Picot and Lozan," he said. "The people of Kurdistan will decide their fate now."
Barzani pointed out that "all religions and sects must be protected in Kurdistan, and the burning of flags is not our shame and morals, and I appeal to you all to avoid such practices far from our morals."
The head of the Kurdistan region that "the escalation of the Iraqi parliament cut the way to any negotiations, in 100 years we have not seen stability and did not witness stability."
Barzani said that the Iraqi constitution includes the words [to maintain a free federal Iraq] and not compulsory, "stressing that" with the will of the Kurdish people, independence is guaranteed, and if there is no suitable alternative, we will conduct the referendum and to happen. "
"There is no longer a partnership and a balance with Baghdad, and the owners of the tongues in Baghdad are still bread and water Kurdistan in their stomachs."
"Some are bragging about a civilization that is thousands of years old, and they are nothing but mafias," he said. As described.

***************
ARTICLE 2-B
Barzani receives an alternative proposal for the referendum of the major powers in conjunction with the demonstrations "No" Kurdish

BAGHDAD (Reuters) - In conjunction with the start of the first Kurdish civil movement in the province of Kurdistan against the referendum, which is now called "no," with the participation of writers, journalists, politicians and civil society activists, Has proposed an alternative international referendum on the Kurdistan region to be held on the 25 of this month to the President of the region.
It pointed out that "Barzani received the alternative proposal and promised to respond to it in the near future after consultation with the Kurdish political leadership," noting that "the proposal submitted by representatives of the five major countries, following the meeting, which gathered both the President of the Kurdistan region, Massoud Barzani, The United States representative in Iraq, Douglas Sillman and the British government representative in Iraq, Frank Baker, "without giving further details. Ending AH

***************
ARTICLE 2-C
URGENT Turkey: We will not hesitate to use force against Kurdistan referendum
2017/9/14 23:34
[Where - Continue]
Turkish Foreign Minister Mouloud Gawishoglu said his country would not hesitate to use force against the referendum on the independence of the Kurdistan region from Iraq.
"World public opinion is waiting for Turkey to take a step, including the Americans, on this referendum," Oglu told a joint news conference with his French counterpart Jean-Yves Lo Derrian in Ankara on Thursday.
"They tell us you are neighbors and you have strength and we do not hesitate to use any force when necessary."
He stressed that the views of Turkey and France are identical on the fact that the decision of the referendum on secession is "wrong decision" and that it is "not in favor" of Turkey, Iraq, and the region.
Gawish Oglu also stressed the need for the Kurdish region to retreat from the referendum decision.
He added that his country could play the role of mediation, with countries that the region wants to mediate in order to ensure the implementation of constitutional rights in Iraq, and monitor the implementation of this.
The referendum is non-binding, in the sense that it revolves around a survey of the residents of the three provinces in the region: Erbil, Sulaymaniyah, Dohuk, and other disputed areas, including Kirkuk, on whether they wish to separate from Iraq.
The federal government rejects the referendum, saying it does not comply with the country's constitution, passed in 2005, and does not benefit the Kurds politically, economically or nationally.
Iran also rejects Turkey and Western countries to hold the referendum, saying that maintaining the territorial integrity of Iraq is linked to the establishment of security, peace and prosperity in the region.

***************
ARTICLE 2-D

Al-Jaafari: No concession to Kirkuk and the referendum in the interest of a hasty
2017/9/15 13:20
[Ayna-Baghdad]
The Iraqi Foreign Minister Ibrahim al-Jaafari, not to give up the province of Kirkuk and refused to annex it to the referendum on the independence of the Kurdistan region, scheduled for 25 September.
Jaafari's remarks came at the conclusion of his participation in the ministerial meeting of the League of Arab States, the regular session of the 148th in the Egyptian capital Cairo.
Jaafari said in a press statement made to the media at the end of his visit to Cairo that "the referendum in the Kurdistan region violated the Constitution, which we agreed upon, which condemned the oath to abide by, which was the Kurdish party active, and fundamental in it, and not accuse all Kurds, Who promotes the exit from us, but the Kurdish people committed, and contributed to the political process, and enriched. "
He stressed that "the ministerial meeting of the League of Arab States unanimously passed a resolution supporting the unity of Iraq, and refuses to hold a referendum in the Kurdistan region, and this is a second consensus obtained by Iraq in the Arab League after the first consensus on the date of Iraq, which investigated the issue of the violation of Turkish forces of Iraqi territory.
"Yesterday, the decision of the Arab League was successful and pointed out that it violated the Iraqi constitution and the law. On the other hand, it called for adopting the mechanism of dialogue and instructed the Secretary General of the Arab League to exert efforts in this regard."
"Our rejection of the referendum does not mean that we are hostile to the Kurdish people, but we believe that the Kurdish people are an essential part of the Iraqi people, in order to preserve the Arab-Kurdish brotherhood," Jaafari said.
He added that "Iraq does not intend to worsen anyone, and does not intend to resort to methods of violence, does not take the initiative, and does not allow himself to engage in this direction, and our position will be rejected, because we are entrusted with the Constitution; this does not mean to initiate a state of war.
As for the fate of Kirkuk, al-Jaafari said: Kirkuk is an Iraqi city that represents the various Iraqi communities. There are Arabs, Kurds, Turkmen and Christians in which there are many types. We are not prepared to give them up, nor give up any inch of any Iraqi city. "He said.
As for the parties that have an interest in holding the referendum, and behind it, and is there a conspiracy on Iraq to divide it? Jaafari revealed: There are many enemies of Iraq who want to cause the uprooting and spread the situation of destruction and the division of Iraq. There are motives that may come on the tongue of Iraqis, , But those strategically planning to weaken Iraq these intentions are different from the intentions of Iraqis Arabs, Kurds, or Turkmen.
As for the statements made by Kurdistan Region President Massoud Barzani, and Kurdish politicians that they hold the Iraqi government responsible for everything that is happening now, and that they have made mistakes over the past years between Jaafari: and the region has made mistakes - also - as a government committed mistakes against Iraq and the right of the province, Justify the dialogue to reach a solution, and do not justify the escalation of accusations. "
In response to Barzani, who said: "We failed to live as partners, we can be good neighbors." Jaafari replied: "I do not know if we fail to deal together. How can we ensure that we live as neighbors with each other? , And the Iraqi community that has reached the level of clear between the Kurds, Arabs and Turkmen, risk, and enter this section do not know who is in the interest of?
He called on the foreign minister to "retreat from this measure as long as it does not hurt in the unity of Iraq, and is in the interest of urging, and the Iraqis are delighted with their victories, and the excellent results achieved when they came up with a single band gangs."
He said that "one of the secrets of victory, which I talked about several times is the unity of the Iraqi class, and the meeting of their words, which contributed significantly to the victory, and move the international community regionally, and internationally to respond to us, and stand by us."
Al-Jaafari concluded his remarks by saying: Iraq, and the strength of Iraq is the strength of the Arab countries .. Iraq is always using what it has of wealth, and the strength in the Arab interest, and for the benefit of the countries of the region, and no intention to annoy anyone at all; Iraq is the same feeling, the stronger Iraq is strengthened by neighboring countries, and friendly. "

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ARTICLE 3

The head of the National Alliance renews his call to the security services to tighten their grip and hit with iron hand
2017/9/15 0:12
[Baghdad: where]
The head of the National Alliance, Ammar al-Hakim, renewed his call to the security services to tighten their grip and hit with an iron fist.
"Once again, al-Da'ash confirms their evil identity by targeting safe and isolated people on the external roads in the province of Dhi Qar al-Ezz and al-Karama, placing a number of martyrs and wounded in one of the civilian houses," he said in a statement.
"As we express our anger and condemnation of this cowardly act of terrorism, we recall our previous warnings on several occasions that caution should be taken from targeting gangs that encourage criminals to safe cities after their successive defeats."
"We renew our call to the heroic security services to tighten their grip and strike iron fist on the heads of the murderers and killers until they are uprooted and forever from the Iraq of love and peace Mercy and compassion for our martyrs and the speedy recovery of our dear wounds and patience and sympathy for their families.
Dhi Qar province was targeted by a double attack on civilians in the Fadak restaurant and the nearby control behind dozens of martyrs and wounded.

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ARTICLE 4

The Organization for the Prohibition of Chemical Weapons (OPCW) commends Iraq's treatment of waste
2017/9/15 12:36
[Ayna-Baghdad]
Minister of Higher Education, Science and Technology Abdul Razzaq Al-Issa met with a delegation from the International Organization for the Prohibition of Chemical Weapons, based in The Hague.
The two sides reviewed according to a statement of the Ministry of Education received by the agency All Iraq [Eni a copy of "the Iraqi government's actions represented by the institutions of the Ministry of Science and Technology in the treatment of chemical waste and the destruction of all reservoirs indicated by the competent teams."
"As a member of the Organization, Iraq is committed to all steps required under the Chemical Weapons Convention, which provides for the obligation of member states to destroy chemical facilities located in any place under its jurisdiction or control in accordance with the provisions of this agreement," said Abdul Razzaq al-Issa,
For his part, the international delegation praised the work plan carried out by the Iraqi experts and expressed admiration for the achievements in the field of cleaning the chemical sites and destroying the remaining ones in order to preserve the safety of the Iraqi environment and its citizens from the dangers of chemical contamination, giving the shield of the organization for the first time to Iraq represented by Minister of Education and Science Technology Abdul Razzaq Al- .

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ARTICLE 5

Know the danger of electronic cigarettes on the heart

NEW YORK (Reuters Health) - Electronic cigarettes with nicotine cause arterial spasm in humans, increasing the risk of heart attacks and strokes later in life, according to a recent study.
"The number of e-cigarette users has risen dramatically in the past few years," said Magnus Lundback, a professor of cardiology at Sweden's Karolinska Institute. "Electronic cigarettes are widely considered harmless by the public."
"The cigarette industry markets its products as a means of reducing damage and helping smokers stop tobacco smoking. However, the safety of electronic cigarettes is discussed, and there is an increasing body of evidence pointing to many negative health effects."
"In this study, we found that there was a significant increase in heart rate and blood pressure in volunteers who were exposed to nicotine-containing cigarettes," he said.

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