Tuesday, September 26, 2017

Word on the Street Tuesday 9/26/17

Word on the Street Tuesday 9/26/17




Word on the Street Tuesday 9/26/17:
TNT CONFERENCE CALL MONDAY 9/25/17 DC NY CALL RECAP:
Good afternoon TNT Superfantastic Family. Today is Marvelous Monday. Where are we? I sent out an update to all of you over the weekend from the reports I am receiving from some members, folks attacked the info I gave you. Did they have their own? Looks like the info was accurate to a degree, so now what are they going to say. So the update I sent you was info that came to me, and I started off supposedly because it was not coming in at all angles. So Abadi supposedly announced no release of the Economic Reform due to the Political unrest in the country, and I shared with you citizens over there are upset. They were informed their pays on Sunday were not going to be at the new rate, and that was cancelled. Low and behold what happened on Sunday? In the wee hours of the morning, I got the first report of citzens saying Hey we got our pay not at the new rate. Is that not what we said. They were told that was not going to happen, and they did not get the new rate on Sunday that was anticipated and expected. You have all been watching the news and keeping up with the politics. not only in the US but particularly in Iraq. There is no need for me to come and talk about a whole bunch of politics to you. You already been watching the news and keeping up with the politics not only the US but particularly Iraq. There is no need to talk a whole bunch of politcs to you. You already know it, your reading it. You are hearing it and there are articles galour. The politics of what is happening in that country. The vote taking place today and they are going through with the referendum. It will be several hours after that before we really have any intelligent conversation about it. It is a wait and see situation. As far as the Iraqi situation, that is the public things that we are seeing, reading and hearing about. Over hear and what I consider the private side of things, We have banking folks saying like lets get ready. This just might be it, and they are still on an all time high expectation of some things happening. Of course, we did see a report of the IMF stating, whatever the Kurds are going to do is not going to affect the finaces of the country. Really truth be told, that is what you care about anyway. The finance and what is happening with their political process, you just want to go to the bank to do your exchange. If anything interferes with that becomes a major concern until you exchanged not saying everybody for the most part. That is how most of us got involved with this. We didn't get into this to get into the politics of some other country and who should be doing what and etc... That is why we have our government people to handle those type of things. I am just trying to state the obvious and not trying to make anyone feel bad. The truth is the truth. The opportunity to exchange is what brought most of us to this game and why most of us are still in it. Of course we will do great things after we exchange and we will have the economic resources to do that,. We must first get to the bridge before we try to cross it. That is it information wise, intel for the time being. Q and A: Q When Abadi said the RV was being cancelled due to politics, do you know how long that will be? Ray: He did not say the RV was being cancelled. He did say they were not going to not continue with the Economic Reforms even though they had been completed and the rate change is not going to kick in for Sunday but some may call that the RV well especially the rate change. I have no idea how long that will be. Q: You post on Sept 16 related to a bank contact the IQD was not connected with SDR and hopefully you can share some info on this.Ray: I cannot share anything on this and it came from a bank source. Q: Have you heard anything about taxes and will it happen in September? Ray: No Callers: Caller: Catnip: I appreciate you saying your banking sources are ready for it, and not saying to much of an impact by all of this Kurdish situation, but what is interesting to me is the turnout has been greater and they extended the polling until 7:00 there time and it will probably be a little while before we hear anything. They are saying they had 75% voting, so the Kurds are probably watching what is going on. How much is this impacting the rest of the Iraqi folk? Are they as focused in as us dinarians seem to be or are they going about their busines? Have they shared that with you? Ray: There has been no comment about that. Catnip: However, they did say the citizens are upset about the pay raite didn't go through and that the reform was in progress. Ray: Citizens in Iraq were upset with the situation period. That was the update information., and I don't have reports yet of them being upset with the pay.We just have reports that the new rate did not kick in. Catnip: How is this being handled from the religious standpoint on this? Ray: There has been no comment on that. When they don't comment to me it is not an issue. Ray's Wrap Up: Ray: All this information is for you to formulate a plan. For every action is a reaction. What is going to be your reaction to the action. We give you multiple actions so you have reactions. You already know what to do. You have a plan of action in place and just need to know the reality. You might have to wait 24-48 to ascertain the true reality. Once the light goes green, we are in no hurry. We have to wait and see. One thing for certain if there are collective situation goin to happen, we will help each other of how to handle certain situations that exist. We have been in the dark this whole ride and when the RV happens we can step into light. For the non contract people, waiting is the best thing we can do. When we wait we can learn so many things the best buy and sell rates. That one four letter word can become your best thing on this ride. WAIT. Are you willing? Do you Believe, I sure do! Enjoy your Marvelous Monday. If anything pops out, we will send a text message out to all of you and update you the best way we know how. If warranted we will reconvene for another live session, but until then enjoy your Monday. I Believe! Rayren98
Forex Rates
http://forex.tradingcharts.com/quotes/custom_forex_quotes.html?sQSyms=USDIQD%2CUSDVND%2CUSDCNY%2CUSDKWD%2CGBPUSD%2CUSDIRR%2CUSDIDR&btnFinished=Finished%3A+Display+Favorite+Quotes
Symbol Bid Ask High Low Open Change Time
 USD/IQD   1,142.2000   1,193.1000  1,144.7000  1,142.2000  1,144.7000   -2.5000  07:13
 USD/VND   22,385.0000   23,064.0000  22,436.0000  22,385.0000  22,436.0000   -51.0000  07:13
 USD/CNY   6.6309   6.6321  6.6339  6.6059  6.6211   0.0098  07:18
 USD/KWD   0.3013   0.3023  0.3013  0.3006  0.3009   0.0004  06:43
 GBP/USD   1.3425   1.3427  1.3513  1.3418  1.3475   -0.0050  07:18
 USD/IRR   12,048.0000   12,428.0000  12,048.0000  12,048.0000  12,048.0000   0.0000  17:51
 USD/IDR   13,370.0000   13,384.0000  13,387.0000  13,319.0000  13,319.0000   51.0000  06:58
Battle of war on the borders of Iraqi Kurdistan
Reuters Umit Bektas
Turkish military exercises on the border with Iraq
Turkish army training on the border with Iraq is on for the eighth day in a row, coinciding with the referendum on the secession of the Kurdistan region of Iraq.
The exercise, which began on September 18, is near the Khabur border crossing in Silopi region in the Turkish province of Chernak.
She added that 20 tanks participated in the exercises on Sunday, the eve of the referendum in Iraqi Kurdistan, and trained the Turkish forces to carry out offensive actions.
The media had previously spoken about the closure of the Khabur crossing, but the Turkish Minister of Customs and Trade, denied the news.
For his part, Turkish Prime Minister Ben Ali Yildirim said Monday that Ankara is considering imposing sanctions against the Kurdistan region of Iraq against the backdrop of the referendum on secession.
On the other hand, the Iranian Revolutionary Guard continues its ground maneuvers near the border with Iraqi Kurdistan.
Iran has repeatedly warned the authorities in Iraqi Kurdistan, to hold the referendum. Tehran has threatened the region with political and economic sanctions, and closed on Sunday the borders and airspace for flights from Kurdistan.

Parliament discusses the "political crisis" in the country
In politics September 25, 2017 comments on today .. Parliament discusses the "political crisis" in the country closed 26 visits
Baghdad / SNG
The House of Representatives intends on Monday to discuss the political crisis in the country, as well as vote on several projects on its agenda, in today's meeting.
"The agenda of today's session will discuss the political crisis, vote on a draft resolution on the subject of the third round, improve the rate, and vote on a resolution on canceling the decision of the Ministry of Higher Education and Scientific Research to ban the hosts," a statement by the media department of the parliament said. From transportation to the universities of their homes. "
The statement added that the meeting will also "vote on the proposal to amend the law of the High Commission Independent Electoral Commission No. 11 of the year 2007."
According to the statement, the session will also include "voting on the proposed law of the second amendment to the law of the Independent High Electoral Commission No. (11) for the year 2007, and the report of the work of the Committee of Experts to select members of the Independent High Electoral Commission, and vote on the candidates of the investigative committee on the kidnapped."
He also added that "the completion of the vote on the draft amendment to the Third Law of Governorates not organized in the region No. (21) for the year 2008, and vote in principle on the proposed law to amend the law of the elections of the House of Representatives No. (45) for the year 2013," noting that " On the proposed law amending the Personal Status Law No. (188) for the year 1959, "noting that" the meeting will begin at 11 am.

Argus Media "seeks to know the reaction of the market on the deployment of Basra crude prices

In the economy of September 25, 2017 Comments on Argus Media "seeking to find out the market reaction on the deployment of Basra crude prices closed 23 visits
Baghdad / SNG
The oil pricing agency Argus Media said on Monday it was seeking to find out how the market reacted to the light and heavy price of Basra crude oil for unchecked shipments to its destination.
"While the focus of our prices since the beginning of 2012 has been on Eastern destinations, there is also interest in finding out more about the relative value of non-destination shipments compared to shipments destined for the East," said Alejandro Barbagosa, vice president of Argus Media at a sector conference in Singapore.
He added that Argus wanted to know the results of the publication of two prices for the first Basra crude for shipments that are loaded after a month and those that carry two months later.
Argos currently estimates the prices of Basra crude shipments destined for Asia, estimated at 2 million barrels. The price of crude is evaluated on the basis of the average price of Dubai and Oman crude for the nearest month of maturity. Argus launched the Basrah Light 2012 crude oil valuation in 2105 after being separated by the Iraqi Oil Marketing Organization (SOMO).
Basrah crude is trading a month late for other Middle East raw materials, which is a gap in the trading cycle.
Argos currently publishes crude prices for shipments to Asia.
Thomson Reuters, the parent company, told Reuters News both Plats and Argus to provide news and information on the oil market.

Karbala destroys three tons of food and intensifies its campaigns with the visit of Ashura

In local 25 September, 2017 Comments on Karbala destroy three tons of food and intensify its campaigns with a visit Ashura closed 12 visits
Karbala / SNG
The Health Supervision Division of the Karbala Health Department announced on Monday that it has carried out pre-emptive inspections of the Ashura visit in the city center, as well as the destruction of three tons of foodstuffs unfit for human consumption.
Dr. Ahmed Faisal, director of the Health Control Division, said in a statement that "inspection campaigns were carried out prior to the implementation of the Department's emergency plan to visit Ashura and carry out preventive measures to protect the health and safety of citizens and visitors."
He added that "the campaigns resulted in the destruction of more than three tons of food, and more than (7000) liters of liquid materials for lack of health conditions in the process of storage, in addition to some of them expired."
He pointed out that "the campaigns carried out with the support of national security detachments and the protection force between the two holy mosques have included a number of shops, restaurants and street vendors in the city center."
He added that "control campaigns continue periodically within the geographical area of ​​the sector and its importance in monitoring and monitoring the food supply in the markets to protect the health and safety of citizens and the destruction of food was conducted in accordance with official records and in the presence of stakeholders."

Oil producers: Black gold has maintained its gains and the market is recovering

In the economy of September 25, 2017 Comments on oil producers: Black gold has maintained its gains and the market is recovering closed 9 visits
Follow-up / SNG
Crude oil kept most of its gains after prices were under pressure from the strength of the dollar on Monday.
Senior producers at a meeting in Vienna revealed that the market was on track to restore balance. The Organization of the Petroleum Exporting Countries (OPEC), Russia and a number of other producers have been cutting their supply by about 1.8 million bpd since the beginning of 2017, The last three months.
Kuwaiti Oil Minister Essam al-Marzouq, who chaired the meeting of the Joint Ministerial Control Committee, stressed that production restrictions help reduce global crude stocks to an average of five years, which is OPEC's target.
Russia's energy minister said no decision was expected before January to extend production cuts after the end of March, although other ministers had suggested such a decision could be made before the end of this year.
UAE Energy Minister Suhail al-Mazroui said on Monday that his country's commitment to production cuts was 100 percent, while Libya's production was around 900,000 bpd, down from 1 million bpd in the past months, a Libyan source said.
On the other hand, the Nigerian oil minister said that his country pumps less supplies than the agreed production ceiling.
Brent crude for November delivery fell four cents to $ 56.82, approaching its highest level since March.
US crude for delivery in November dipped to $ 50.56 a barrel, but is still well short of a four-month high.
The dollar index rose 0.1 percent against a basket of currencies. The euro fell after German elections showed increased support for the far-right party
Kauaihn Iraq Articles:

Party Talabani comment on the decision to hand over Baghdad border sites and airports: illogical

In the policy of September 25, 2017 Comments on the Talabani Party comment on the decision of Baghdad to hand over border sites and airports: illogical closed 26 visits
Baghdad / SNG
The official spokesman of the Patriotic Union of Kurdistan, Saadi Bira, on Monday, the Iraqi government's decision to hand over all border crossings airports in the region "unreasonable".
"The referendum does not mean independence," Bira told Sng, noting that "even after the achievement of separation, Iraqi citizens are the sons of this one country."
He added that "the request of the Office of Prime Minister, Haider Abadi, the Kurdistan region to hand over the international border sites and airports, came out of anger and there is no need for these unreasonable measures."
He pointed out that "starting tomorrow will be a dialogue between the region and the federal government without any foreign intervention between our friendly relationship," stressing that "the study of the subject of independence and the referendum is better than giving quick statements."

Ankara: We will not forgive those who try to undermine Iraqi territorial integrity

In international 25 September, 2017 Comments on Ankara: We will not forgive those who try to undermine the unity of Iraqi land closed 12 visits
Follow-up / SNG
As the referendum on the independence of Iraqi Kurdistan approaches, Turkish Deputy Prime Minister Hakan Gawishoglu said his country would not forgive an attempt to undermine the territorial integrity of Iraq.
"We will not forgive those who are trying to undermine the integrity of Iraq's territorial integrity," Hakan Oglu said in a speech on Sunday at an event in the state of Northwestern Stock Exchange, where he discussed the planned referendum in the Kurdish region of Iraq. "We will not be spectators "He said.
The official, as quoted by the agency, "Anatolia" Turkish official, the concern among the Turkmen in Iraq because of the referendum, indicating that they need help from Turkey to them.
He stressed the importance of protecting the territorial integrity of Iraq whatever happens.

Mandali and Saadia in Diyala refrain from participating in the referendum

In the local 25 September, 2017 Comments on Mandali and Saadia in Diyala refrained from participating in the referendum closed 41 visits
A local source said on Monday that Mandali district and al-Saadia district in Diyala province were reluctant to participate in the referendum in the Kurdistan region, which began today.
The source told "sng" that "the administration of Mandali and the province of Saadia in Diyala province was reluctant to participate in the referendum on the Kurdistan region, despite the pressure on them."
The Arabs and Turkmen province of Kirkuk, on Monday, completely boycotted the Kurdish referendum, despite the opening of four picture centers in the Arab and Turkmen.

Syria: We reject any action leading to the fragmentation of Iraq

In the policy of September 25, 2017 Comments on Syria: We reject any action leading to the fragmentation of Iraq closed 25 visits
Syrian Deputy Prime Minister and Foreign Minister Walid al-Moallem said on Monday that his country rejects any action leading to the fragmentation of Iraq, pointing out that his country only recognizes a unified Iraq.
"We in Syria recognize only a unified Iraq and reject any action leading to the fragmentation of Iraq," al-Moallem said in a press statement in New York. "This is an unacceptable step and we do not recognize it.
On the alleged "American alliance" to fight the "Daash" organization, the teacher pointed out that "the result of the raids of this" coalition "in the Syrian areas is the killing of dozens of innocent civilians, mostly women and children, and the destruction of the infrastructure of the Syrian economy, This raises a big question mark about the intentions and objectives of this alliance. "
The teacher pointed out that "every meeting on Syria is not attended by the Syrian government representative of the Syrian people, it remains a meeting and we do not recognize it and we do not care about the results that result."

A newspaper close to Erdogan: Barzani gave Israel the biggest step to win its promised land

In the policy of 25 September, 2017 Comments on a newspaper close to Erdogan: Barzani granted Israel the biggest step to gain its promised land closed 93 visits
Follow-up / SNG
A newspaper close to the Turkish President Recep Tayyip Erdogan, on Monday, that the President of the Kurdistan region outgoing Massoud Barzani gave the Israeli entity the biggest step to win its promised land, noting that the emergence of flags of the State of Israel with a map of "everywhere" Kurdistan is clear evidence of the basic purpose of the referendum .
The newspaper said in a report issued today, that "with the announcement of the date of the referendum in northern Iraq, Israeli flags were seen alongside the flags of Kurdistan in all public meetings organized by the Kurdistan Democratic Party in various countries, especially the United States and Western countries.
The newspaper also said, "It also publicly used the map of" Greater Kurdistan ", which also includes parts of the territory of Turkey, Iran and Syria in the propaganda leaflets suspended by Massoud Barzani campaign to promote the referendum.
"The appearance of the flags of the State of Israel with the map of" Kurdistan "everywhere is clear evidence of the main objective of the alleged referendum, they will offer the biggest step towards giving Israel" promised territory "with the passing of the referendum tomorrow. These developments will result in the establishment of Israeli military bases on the borders of Turkey, which will open the door to the Zionist influence extended from the Euphrates eastward to the Nile in the west.
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER

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GLOBAL/NEWS/INFO
How to get and hold attention—it might not be what you think
Want to build your brand? Follow these four steps
Read more: https://www.cnbc.com/2017/09/22/how-to-get-and-hold-attention-it-might-not-be-what-you-think.html


15 popular college towns where it’s cheaper to buy a home than live in a dorm
Redfin found 47 colleges where mortgages offer better rates than dorm rooms.
Read more: https://www.cnbc.com/2017/09/25/college-towns-where-its-cheaper-to-buy-a-house-than-stay-in-the-dorm.html


OIL / COMMODITIES / ENERGY
Gold down to $1,295 per ounce - SabaekMubasher
Mubasher: Gold prices went down by $23 to reach $1,295 per ounce in last week's trading in New York New Mix market, according to Sabaek Al-Kuwait Company. Kuwait News Agency (KUNA) reported that the company added in its weekly report on Sunday … Read the full story

Gold Prices Near 1-Month Lows at Start of Busy Week of Fed SpeakersInvesting.com
© Reuters. Gold starts the week a touch lower Read the full story

Commodities - Gold Prices Dip In Asia as Weekend Of Polls And NKorea MulledInvesting.com
© Reuters. Gold dips in Asia Read the full story

Gold dips as German election result knocks euro
Gold prices dropped on Monday and hovered around one-month lows hit last week.
Read more: https://www.cnbc.com/2017/09/24/gold-falls-on-firmer-dollar-weaker-euro.html

US crude oil tops $51 for first time in four months as producers say market is rebalancing
Oil prices came under pressure from a strong dollar, but kept most of their gains from the previous session.
Read more: https://www.cnbc.com/2017/09/24/oil-holds-gains-as-producers-say-market-rebalancing.html

Commodities - Crude Oil Prices Down In Asia On Profit taking After OPECInvesting.com
© Reuters. Crude dips in Asia Read the full story


Russia's Gazprom topples US behemoth ExxonMobil as the world's leading energy companyInternational Business Times, UK Edition
ExxonMobil's 12-year reign at the top comes to an end as lower oil price sends it tumbling down the pecking order. Read the full story

BANKS / BANKING
Regulatory changes for credit unions across the worldCo-operative News
Credit unions from several countries around the world have faced regulatory changes over the past six months, according to the World Council of Credit Unions. In its Global Regulatory Update the council highlights some of the key changes occurring in terms of credit union regulation and how these are likely to affect members. In Australia the government has released a draft bill to allow any Australian Prudential Regulation Authority (APRA)-regulated Authorised Deposit-Taking Institution (ADIs) Read the full story


Saudi Arabia hires banks for third international bondGulf Business
Saudi Arabia could issue up to $10bn, banking sources said The post Saudi Arabia hires banks for third international bond appeared first on Gulf Business. Read the full story

Experts warn banks might introduce new fees to make up ATM loss9news.com.au
When Australians were told the big banks would scrap ATM fees, it was well-received. The major banks' move to scrap ATM fees has been welcomed by customers, but experts have warned there might be more going on. Australians are still paying $4.4 billion annually in banking fees, mostly linked to home loans and credit cards. Fees for the latter in the past 12 months total $1.56 billion. Commentator and independent financial journalist Michael West said the move was "good PR". "(The banks) needed Read the full story

TREASURIES/ BONDS/ STOCKS
Tell us what you think: After largely ignoring politics, what should worry markets most?
In this week's Trader Poll, we want to know what should worry markets most.

US Treasurys higher after German election result
U.S. government debt prices were higher on Monday morning as investors digested an election result in Germany, and potentially another vote due to take place in Japan next month.
Read more: https://www.cnbc.com/2017/09/25/us-treasurys-higher-after-german-election-result.html


European markets edge slightly higher on German election result; euro falls; Brexit talks resume
European stocks edged marginally higher Monday afternoon as investors digested election results out of Germany.
Read more: https://www.cnbc.com/2017/09/25/european-markets-german-election-result-merkel-brexit-eu.html

Asian shares close lower as investors digest German, New Zealand election results
Elections in Germany and New Zealand were in focus during Monday's Asian trading day..
Read more: https://www.cnbc.com/2017/09/24/asia-markets-focus-on-new-zealand-election-german-vote-currencies.html

INSURANCE
Biggest Flash Points In The Graham-Cassidy Health Care Bill
NPR

The bill would make big changes to the nation's health care system by rolling back key requirements of Obamacare, including that insurers not charge more to people with pre-existing conditions. Read the full story

AIG Reorganizing Again; Commercial Now Part of General Insurance
Carrier Management

American International Group is reorganizing its underwriting businesses into three main segments—General Insurance, Life & Retirement, and a standalone technology-enabled platform—the company announced this morning. The company will no longer have Commercial and Consumer segments. Instead, General Insurance and Life & Retirement will each have distinct business units that reflect how business is marketed and underwritten. According to a media statement, General Insurance will include Commercial Read the full story


Lawmakers Pushing Bail Reform Want More Info on Bail Bond Insurers
KQED

The two Democratic lawmakers who have been pushing for reforms to California’s bail system are now looking for a peek behind the curtain at how the bail industry operates. Assemblyman Rob Bonta (D-Oakland) and Sen. Bob Hertzberg (D-Los Angeles) believe bail punishes people for being poor, and they want to fundamentally change how California decides whether to let people accused of crimes out of jail before their trial. But with their bill on hold until next year, they’re now also looking to Read the full story

CURRENCIES
Governments Are Testing Their Own CryptocurrenciesMIT Technology Review
The people of Sweden are breaking up with cash. The number of banknotes and coins in circulation has fallen to its lowest level in three decades. Riksbank, Sweden’s central bank, estimates that cash transactions made up only 15 percent of all retail transactions last year, down from 40 percent in 2010, thanks in large part to massively popular mobile payment services. The situation has left Sweden’s central bankers wondering: should the country introduce a purely digital form of Read the full story
Dollar rises vs. euro after German election results
MarketWatch
The dollar marched higher against the euro Monday as investors absorbed the outcome of the German general election, which resulted in a win for Chancellor Angela Merkel’s conservative alliance, but with a sharp drop in support. Read the full story


Rupee opens flat against US dollar
Livemint

Mumbai: The rupee on Monday was trading little changed against the US dollar in opening trading session. Read the full story

Forex - PBOC Sets Yuan Parity At 6.5945 Vs Dollar, 3-Week LowInvesting.com
Yuan parity Read the full story
-
USA
Fed's Dudley sees more rate hikes as US inflation weakness fades
William Dudley is the president of Federal Reserve Bank of New York and vice-chairman of the policy-setting Federal Open Market Committee.
Read more: https://www.cnbc.com/2017/09/25/feds-dudley-says-us-economic-growth-trajectory-is-slightly-above-trend.html


Finding Profit in Underinvested People & Places: Venture Capital & Crowdfunding for Community & Economic Development
Crowdfund Insider

Millions of Americans rely on domestic discretionary spending appropriated by the U.S. Federal Government, including everything from affordable housing and education to the arts. Agencies such as the Department of Housing and Urban Development provide programs and services that impact neighborhoods and communities across... Read More The post Finding Profit in Underinvested People & Places: Venture Capital & Crowdfunding for Community & Economic Development appeared first on Crowdfund Insider. Read the full story

Survey: Economists see no gain from NAFTA renegotiation
The Daily Collegian

WASHINGTON (AP) — Most business economists expect the Trump administration's efforts to renegotiate the North American Free Trade Agreement will make no difference to the U.S. economy or cause harm. The National Association for Business Economics survey of 47 economists found that one-third think the renegotiation will have no impact, while one-fifth think it will harm the economy slightly. Seven percent see its impact as strongly or moderately negative. One-quarter said the renegotiation will Read the full story

This Week: New home sales, Jabil's earnings, US GDP estimate
ABC News

This Week: New home sales, Jabil earnings, GDP estimate Read the full story



EMERGING MARKETS
ICOs & Fintech are Topic of Focus at IOSCO Growth and Emerging Markets Committee MeetingCrowdfund Insider
The International Organization of Securities Commissions (IOSCO) held a meeting this past week of the Growth and Emerging Markets (GEM) Committee. This committee is the largest within IOSCO, representing over 75% of their membership. Ranjit Ajit Singh, Chairman, Securities Commission, Malaysia, and Vice Chair of... Read More The post ICOs & Fintech are Topic of Focus at IOSCO Growth and Emerging Markets Committee Meeting appeared first on Crowdfund Insider. Read the full story


MIDDLE EAST
Egypt to renew crude oil import from Iraq deal
Mubasher

Cairo – Mubasher: Egypt will renew its contract with Iraq over importing crude oil, CEO of the Egyptian General Petroleum Corporation (EGPC) Abed Ezz El-Regal told Reuters. Last August, the EGPC said that it was aiming to start negotiations with … Read the full story

Lost city in Iraq founded by Alexander the Great discovered by archaeologists
The Independent

Drone photography used to unearth dormant ruins An archaeologist cleans an Assyrian bowl discovered in Iraqi Kurdistan. Archaeologists in Iraq have discovered a city which was lost for more than 2,000 years with the help of drone photography and declassified intelligence images. Qalatga Darband, which is believed to have been founded in 331 BC by Alexander the Great, was discovered by a team of Iraqi and British archaeologists led by experts from the British Museum. John MacGinnis, who is Read the full story

Iraq Kurds defy Baghdad in historic independence vote
Livemint

Arbil, Iraq: Iraqi Kurds voted in an independence referendum on Monday, defying warnings from Baghdad and their neighbours in a historic step towards a national dream. Read the full story




AFRICA
Zimbabwe: We Are Watching You, U.S. Tells Zimbabwe
AllAfrica

The United States has urged Zimbabwe to end arbitrary arrests and intimidation of political players as the country braces for the trial of prominent preacher Evan Mawarire for alleged treason. Mawarire was initially arrested last year after he led one of the most successful job boycotts in recent memory, protesting against corruption and economic problems in the country. He was freed by a Harare magistrate before leaving for the United States, where he lived for several months. He was arrested Read the full story

Zimbabwe: can cryptocurrency help?
Finance - Rolling Alpha

Preamble: after my last two posts on Zimbabwe, “Zimbabwe Hyperinflation 2.0: The US Dollar Version” and “Zimbabwe’s New Hyperinflation: How Will It End?“, I received a number of questions and comments around bitcoin. Specifically, readers wondered whether Zimbabwe should just start using cryptocurrency as a ‘fix’ to the current crisis. So I’m going to try and explain why I didn’t mention it as a potential solution – although I wanted to. All the sexiest economic solutions seem to involve some Read the full story



ASIA
Nikkei posts new two-year closing high on weaker yenThe Japan Times
Stocks gained ground on the Tokyo Stock Exchange on Monday on the back of the yen’s weakening against the dollar, with the key Nikkei average ... Read the full story

China banned new cryptocurrencies, but a Macau company still plans $500 million token saleCNBC
Dragon Corporation is aiming to raise half a billion dollars through token sales in an effort to bring blockchain into the gambling world. Read the full story

Want a job in Kazakhstan or elsewhere on new Silk Road? Citi might have a role for youSouth China Morning Post
Foreign banks hoping to do much more business with Chinese firms operating outside of China Read the full story

EUROPE
What a weakened Merkel will mean for the euro currency in the coming months
The future seems a little more uncertain for the euro following the outcome of the German election.
Read more: https://www.cnbc.com/2017/09/25/what-a-weakened-merkel-will-mean-for-the-euro-currency-in-the-coming-months.html


US stocks open lower after German election; Fed speakers eyed
U.S. stocks opened lower after populists gained ground in Germany's Sunday election and investors weighed the likelihood of another rate hike this year.
Read more: https://www.cnbc.com/2017/09/25/us-stocks-open-lower-after-german-election-fed-speakers-eyed.html

Warning eurozone faces fresh crisis as German election kills Macron's federal Europe dream


Ireland's Deputy PM: Brexit means we can become Europe's go-to business destinationCNBC
Ireland will leverage on its post-Brexit position as Europe's only English-speaking country to secure big economic gains, said the country's deputy PM. Read the full story
 
Blessed and Highly Favored:
CBI Update:
The CBI for Tuesday 9/26/17 did update on the indicative rates Sell Rate 1184
The currency auction is 158,797,862
 news and announcements for Tuesday, 9/26/17 

Based on the exigencies of the daily supervision, all persons in your banks and institutions who are entrusted with the responsibility of executing all daily requests received to the Foreign Exchange window are responsible for:

 
ISX Update:
Value Traded
5,932,726,410
Shares Traded
6,428,177,683
ISX ended in Green
 
Kauaihn Chatter
9-25-2017  
Intel/Newshound Guru payray   The people of Kurdistan want peace, and prosperity... The situation is set up for this to occur... Regardless of the referendum's outcome, there will be a united Iraq... Barzani understands this... The relationship with Abadi is good, and with all of the entities holding Baghdad accountable, IMHO, this is all smoke, and mirrors... Investment has continued within this country, and confidence is high... Except how it is portrayed within the media...  I believe that at some point in the future the Kurds will be independent... But at this point in time, it will not be... There are valid reasons for this... The plan is for economic prosperity not only for Iraq, but for the world at large as well...

9-25-2017   Intel Guru RayRen98
    [If they want to have their own country, how does that affect Iraq?]  I don’t think that is something we have to worry about.       Our banking contacts are still on high expectancy, looking extremely good for this week, from that angle.  Sure we could go into October – we just       don’t have enough data to determine that, one way or another.  We just have to wait and see how it plays out;  as for dates, we are in limbo, but we still feel good about the revaluation itself.   [post 2 of 2]


9-25-2017  Guest Guru BobTheTaxMan This [dinar exchange] is NOT going to be treated as capital gains despite what other people may say.  It’s not.  It’s going to be treated as ordinary income.  We don’t qualify for it to be treated as Forex…we’re not actively trading it, we’re holding it as an investment…One one who tells you it’s going to fall in the capital gains arena is incorrect.  It’s not going to be that.  It’s going to be ordinary income.  So we have the two income taxes to deal with…We have the Federal…and the State income tax…[NOTE: This should NOT be considered tax or investment advice.  It is purely informational and the views of this guru.  Speak to your own tax and investment professional at the appropriate time.]
9-25-2017   Intel Guru RayRen98   Citizens were upset because they were hearing that their pay would not be at the new rate as they had expected.  Sure enough, someone called me and said they had been paid in Iraq, but not at the new rate. You already know about the politics of Iraq.  They are voting on the Kurdish independence referendum, and it will be hours before we have information on that.   We did see an IMF report saying that whatever the Kurds do, it won’t affect the finances of the country. I believe that the Kurds are serious about wanting their independence;  this is just bad timing. But they are not after what we are after...They want freedom from oppression and a voice in their own future.  That’s different from what we are looking for.   [post 1 of 2....stay tuned]

9-25-2017  
Intel/Newshound Guru tman23
 
   My belief lies in the lifting of the 3 zeros for international trade...from the point of lifting the 3 zeros the question is how will the 3 zero notes be treated at exchange...   Not to debate lops, revaulations, redenominations, lifting 3 zeros, reinstatements... NOBODY KNOWS... Statements by the CBI are in line with redenomination ...and since they are not going to say...WE are increasing the rate...we wait!

9-25-2017   Intel/Newshound Guru payray    Dr. Haider al - Abadi Speech.....Great speech...there is every reason to be positive... The negative news is to be expected... In the end, the success of what has been a lengthy wait for a great many will be rewarded... Remember the news of the past month, and how they have spoken of accomplishing this goal of adding value to the dinar...  The Kurds know the deal, and this will look as though that it was their pressure of utilizing the threat of the referendum that will have gotten them what they wanted... PM Abadi's speech is one of unity, and justice for all Iraqi's... It would NOT bode well for the Kurd's if they went ahead with this referendum... Both economically, and as it concerns peace... I believe that Barzani's countrymen want peace, and for this union to succeed...  Amidst all of this chaos, and confusion, the plan that has been worked on for so many years, and just waiting for the time to implement, will come to pass...

9-25-2017   Intel Guru Frank26    Article:  "The economic situation is bad, and the repetition of the past is not going to work"   Quote:  "...changes towards the liberalization of the economy from the concept of foreign exchange and provide a currency for the budget, to launch the real sectors that make their currency..."  And provide a currency for the budget...now what could that be?
Elmer:
Not in today
Artmeister:
2 SITREEPS FOR THE PRICE OF ONE

"Humanoid Hybrids" - GCR/RV SITREP - Monday - September 25, 2017
Let me be perfectly clear... there is no more USD anywhere in the world as of midnight September 30.
That means no good standing country in the world not named Israel, Ukraine or North Korea will dare recognize it at the risk of being removed from the new asset backed financial system headquartered out of Asia.
And because financially none of those before mentioned countries matter in the bigger economic or mineral scheme of things, they too won't be recognized if their cabal government leaders don't fully surrender control of their bogus seats of power.
Japan too for vastly different reasons however. Very old debts to settle between
Japanese and Chinese sovereign families.
Talk about a giant game of chicken that has only but one outcome in favor of the good
guys. As these "humanoid hybrids" are continued to be programmed to spew hatred and war, making them all suicidal and come off nucking futs.
Yikes Batman!
Regardless of who pulls their levers of control all of these rogue GCR/RV nations are run by mindless clones, making them irrelevant to the facts that the world has already changed and permanently.
The NPTB is finally eliminating all remnants of the old Breton Woods financial system as
of Sunday night this week.
The witch is dead folks! Like this week dead!
Will you be ready to hit the ground running to provide mercy to the suffering masses?
Human Angel Services sure as heck will be. You can book that fact!
So subscribe before October 1, 2017 to gain initial project funding and compliance
priority.
Subscribe after and your project goes to the back of the line.
Only true believers need apply because half hearted humanitarians just won't cut it in
the harsh and real life world of infinitely abundant "Top Down Philanthropy."
As such, Human Angels are down right now for "healing the soul of the world." Sobeit.
God Is With Us
"Doves" - GCR/RV SITREP - Tuesday - September 26, 2017
All participating T1 banks and redemption locations are sitting around waiting for us.
Meanwhile yesterday afternoon, a $368 Trillion, 10 year Federal Budget gift was
released into the American money system.
In doing all of 5 seconds of research, and remembering when Paul Ryan was sworn in as House Speaker/Republic President at the start of the 2016 budget year, and given
his long history with Federal Budgets, I offer this graph.
Also hearing 29 zeros are waiting for the world to redeem tonight in the below revaluing currencies at their new rates whenever it's time to set the doves free….
ZIM 3.95; VND 24.84; IQD 30.62
So... are you ready to start funding and physically manifesting projects after the RV? If so, wonderful.
If not, best to subscribe to Human Angel Services (HAS) and help society's problems to find solutions without stressing your life out in the process.
God is with us
Catnip:
ARTICLE 1 (from PM Abadi's website)

No new postings since September 24, 2017.

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ARTICLE 2

URGENT Jabouri to defense leaders: referendum is a sedition and we seek to not need you
2017/9/26 11:58
[Ayna-Baghdad]
Parliament Speaker Salim al-Jubouri visited the Defense Ministry on Tuesday morning and met Defense Minister Irfan al-Hayali and a number of army officers.
A statement issued by the Office of the President of the House of Representatives received the agency of all Iraq [where] a copy of it Jubouri confirmed during the visit, addressing the army officers: You and your fighters can Asahos to achieve what the world's most powerful armies did not achieve training and armament, your training is the field and your weapon is faith in God and victory and extended "He said.
"Today, in Mosul, Hawija and the western regions, a real fact will soon be completed with the help of God to eliminate the last terrorist on our pure land from Zakho to Faw and from Mandali to the whole of the Iraqi soil baptized by the blood of innocent martyrs who sacrificed their lives for the unity of Iraq, And his glory. "
The President of the House of Representatives, "You are the safety valve in this dear homeland and you are adopted and dependable after God, and although what you have provided a lot and large, your people are more covetous of you, the great things do not only the most honorable men."
He stressed that "our homeland is passing through the battle of terrorism by a test that is not easy, as we were preparing for the stage of construction and reconstruction, the return of the displaced and the extension of security and stability in the liberated areas. Unfortunately, today we are facing a problem that is not easy. It requires a great effort and an extraordinary commitment to preserve the unity of Iraq. Zadan is important in this exam, not to hesitate to tighten the belts resolve and resolve in the protection of Iraq's unity and sovereignty. "
"We promise that we will do everything in our power to end this crisis without our need, you are our treasure to defend the borders of the homeland from the enemies," Jubouri told the minister of defense and military officers. "What we are dealing with these days is a sedition that entered among the sons of the people of one house. With God's help".
He pointed out that "the House of Representatives stands by the government and supports its steps to find a way out of this historic crisis, which continued to forgive God will have informed and the most serious impact on Iraq."
He pointed out that "the continuation of the crisis will change everything and will hit the political process with a chronic handicap that may lead God to what is unspeakable consequences in the disruption of the nation and fragmentation of his land and cut off his map and cut it weak cantons do not reflect the great Iraq."

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ARTICLE 3

America: Kurdistan referendum a deep and non-binding disappointment
2017/9/26 9:23
[Where - Continue]
The United States announced that it had been "deeply disappointed" by the referendum on independence held by the Kurdistan region in defiance of the international community as a whole, stressing that the referendum would "increase instability and difficulties" in the region.
"The United States is deeply disappointed by the KRG's decision to hold a unilateral referendum on independence today, including in areas outside the Kurdistan region," the State Department said in a statement.
"The historic relationship between the United States and the Kurdish people will not change in light of the non-binding referendum, but we believe that this step will increase instability and difficulties for the Kurdistan region and its people," the statement said.
According to the statement, the referendum "will significantly complicate relations between the Kurdistan Regional Government and the Iraqi government and neighboring countries."
The US State Department also noted in its statement that the war against Da'ash "is not over, and extremist organizations seek to exploit instability and conflict."
"We believe that all parties should engage constructively in dialogue to improve the future of all Iraqis," she said, stressing that "the United States supports a united, federal, democratic and prosperous Iraq."

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ARTICLE 4

British newspaper: will turn the Kurdistan region to Saudi Arabia !!
2017/9/26 9:11
[Where - Continue]
A British newspaper said the Kurdistan region could turn into Saudi Arabia "in a strange analysis of the results of the referendum on secession from Iraq.
"Some people believe that the results of this referendum will be used as a bargaining chip in negotiations with Baghdad or that they will turn the Kurdistan region into Saudi Arabia," the newspaper said. One family dominates oil sources for generations. "
"The women came to the referendum centers wearing their most beautiful clothes and the men attended their beautiful traditional dresses to celebrate this historic occasion," the writer said. "Many voters were affected and their tears fell in joy on the occasion they had long waited for.
"We will eventually be one nation like Britain," the writer of the article, Khano Darwish, 77, said. "Our people fought for 100 years to reach this moment."
Abizaid and Darwish, "No one wanted to go ahead with the referendum, but today we are conducting this referendum."
The writer of the article that Darwish is one of the 3 million voters participated in the historic referendum in the Kurdistan region of Iraq. "

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ARTICLE 5

Source: Iraqi-Turkish air exercises over the territory
2017/9/26 0:20
[Ayna-Baghdad]
A military source said that it is likely to witness the atmosphere of the Kurdistan region, Tuesday, air maneuvers between Iraqi and Turkish military aircraft.
"The maneuvers are part of the military exercises between Iraq and Turkey, scheduled for Tuesday in the borders of the two countries," the source told the agency All Iraq.
"The closure of the atmosphere of Erbil tomorrow in front of the air traffic is limited and may be hours for exercises."
The Turkish General Staff announced Monday evening that the third phase of the exercises near the Iraqi border will begin Tuesday, in partnership with Iraqi forces.
"The third stage of the exercises launched by the Turkish armed forces in the Selobi / Khabur region will begin on Tuesday and this stage of the exercises will take place in partnership with units of the Iraqi armed forces," a statement issued by the Turkish Chief of Staff on maneuvers launched on the border with Iraq said last week. , Which arrived in the region on Tuesday evening. "
The Turkish military announced the start of military exercises in Chernak [southeastern] Turkey, noting that "the exercises come in conjunction with the continuation of counter-terrorism operations in the border area."
Army Chief of Staff Lieutenant General Othman al-Ghanmi also announced the start of large-scale Iraqi-Turkish military exercises on the common border between the two countries.
The maneuvers coincide with a referendum on the separation of the Kurdistan region from Iraq on Monday, despite the opposition and anger of Baghdad and neighboring countries and the rejection of the international community.

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ARTICLE 6

The document .. Sadr's position of the referendum in the Kurdistan region

BAGHDAD (Reuters) - September 25 - Sadr's leader Moqtada al-Sadr on Monday described the referendum on the Kurdistan region as a "booming arm" of Iraq.
Sadr said in a statement that "the Kurds may see that the achievement of their trustees (a Kurdish state) have many benefits to them, and although we respect all their wishes, but the aspirations do not materialize and not based on the interests of others, and that the aspirations of mere wisdom, May drag the owner to destruction. "
He added that "the referendum is only a first step may require separation or not called as some Kurdish leaders claim, but the mere idea of ​​the referendum and its establishment is an arm of the central government and even the whole of Iraq (the people and government) (The region) and (center) and the first disadvantage is to inflame the ethnic self that is not less than fueling the sectarian self-seriousness. "
"I do not want to differentiate between one component and another, but the Kurdish component - and especially some of its leaders - have sinned and crossed the border, which may have harmed them, as well as Iraq, its unity and security," Sadr said.
He stressed that "I can not stand idle and without doing what is dictated by my legitimate and national duty, it is the age of a bad year - the division of Iraq - it is visited by the minister of the work to the Day of Resurrection, so it is in the interest of the public and to maintain the unity of Iraq and its people in all its components And its beautiful mosaics, including (the Kurds) call for "a meeting of scientists to be majestic Hozawi to stand on the guidance of all Sunni and Shiite references and obtain fatwas, tips and decisions to shed light on this subject."
He also called for a "Shiite-Sunni meeting, political and public emergency and fast because the circumstance calls for the reunification and forget some things, the most important may postpone the important, even for some time with a meeting of Kurdish opponents and other minorities to stand on their suffering and knowledge of their views and unite their ranks, With the previous point. "
He urged the Arab and Islamic countries to an emergency meeting in Iraq or any other place to support Iraq in its ordeal - not as happened in the other tribulation - to return to the Arab and Islamic embrace again and to come out with decisive decisions, and a meeting with neighboring countries and the region, In general, without interfering in Iraq's internal affairs. "
"The Iraqi government must impose its control over the air and land ports, protect the border and make the security forces on the alert," he said, calling it not to be within the confines of sectarian and ethnic warfare. "He said.
"I call for a permanent meeting of the parliament and the cabinet and not to evade responsibility. I am ready to adopt all meetings to serve the common good," he said. Finished
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ARTICLE 7

A night curfew was imposed in Kirkuk as tension between Baghdad and Erbil escalated over the referendum

KIRKUK, Iraq, Sept. 25 (Xinhuanet) - Kirkuk province announced on Monday a curfew for the night as tensions escalated over a referendum on independence rejected by Baghdad.
Kirkuk province announced the curfew in a short statement, in conjunction with the announcement of the referendum commission in Kurdistan, extending the voting process for one hour.
"The Kurdish Peshmerga forces exerted pressure on the local population in the towns of Qara Tuba and Jalawla," the sources said, adding that "the polling stations in the disputed areas have been ignored by the local population and that the voting rate in these areas is very weak. ) In the province of Diyala to cast their votes in the referendum, "as described." AH

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ARTICLE 8

Find a couple to live on an island
2017/9/25 22:49
[Where - Continue]
The French government is looking for a couple to live alone on the island of Kamanis, a small isolated island in northwestern France.
The French government has published a declaration seeking to find those who accept the offer.
The couple will replace two people who spent 10 years on the island.
The islanders revived the sheep, planted potatoes and marine plants, set up a tourist retreat, and used wind and sun as a source of energy.
The French government will not pay any fees to those who accept this offer, and therefore both partners must take care of themselves.

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ARTICLE 9

Date: 23-SEP-2017
Time: ca. 11:00 LT
Type: Silhouette image of generic B772 model; specific model in this crash may look slightly differentBoeing 777-206ER
Owner/operator: KLM Royal Dutch Airlines
Registration: PH-BQC
C/n / msn: 29397/461
Fatalities: Fatalities: 0 / Occupants: 321
Other fatalities: 0
Airplane damage: Minor
Category: Serious incident
Location: Nishi-Tenma, Kita ward, Osaka prefecture - Japan
Phase: En route
Nature: International Scheduled Passenger
Departure airport: Osaka/Kansai International Airport (KIX/RJBB), Japan
Destination airport: Amsterdam Airport Schiphol (AMS/EHAM), The Netherlands
Investigating agency: JTSB
Narrative:A Boeing 777-200ER, operated as KLM flight KL868 from Osaka/Kansai, Japan to Amsterdam/Schiphol, the Netherlands lost a fuselage panel (close to the right wing trailing edge) while climbing through 2400 m (about 8000 feet) over Osaka.
The panel, measuring 110 cm x 107 cm and weighing 4.3 kg hit the roof of a driving car, causing a dent on the roof and cracked the right side window of the rear seat of the car. Neither of the two occupants of the car nor 321 occupants of the Boeing were injured.
The flight reached the destination without further incident. JTSB launched an investigation as a serious incident.

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