Word on the Street Friday 12/15/17
Word on the Street Friday 12/15/17:Forex Rates:
Symbol Bid Ask High Low Open Change Time USD/IQD 1,166.9000
1,170.6000 1,166.9000 1,170.6000 07:12 USD/VND 23,063.0000
22,682.5000 22,385.0000 22,453.0000 07:12 USD/CNY 6.6105 6.5973 6.6077 07:15 USD/KWD 0.3016 0.3015 0.3016 00:10 GBP/USD 1.3445 1.3383 1.3432 07:15 USD/IRR 12,048.0000
12,048.0000 12,048.0000 12,048.0000 17:51 USD/IDR 13,579.0000 13,557.0000 13,557.0000 07:15 CNBC Link:CNBC Morning Squawk Link:No link yetDC NY Iraq Articles: dddThe Minister of Transport distributes 500 pieces of housing to the employees of the ports
Release date: 2017/12/14 20:40 • 97 times scheduled(Baghdad: Al Furat News) The Minister of Transport Kazem Vajan al-Hammami, on Thursday evening, 500 pieces of housing on the beneficiaries of the employees of the General Company for the ports of Iraq.Al-Hamami said in a statement to the ministry, the agency received a copy of it today, "We have made ourselves a pledge to include all staff distribution even those who have one point," noting that "these pieces come to complement the previous preparation and thus the total number of employees was 3000 employees."
He pointed out that "the distribution is still continuing to achieve the covenant made by himself to achieve adequate housing for the employee," calling on all formations of the Ministry "to follow the example of the General Company of the ports of Iraq in the completion of distribution procedures and points and sorting plots of housing to provide everyone with adequate housing.Iraq thanks the international coalition and the countries that support its role in a war of encouragement
Baghdad_Journal NewsThe Iraqi Foreign Ministry thanked the International Alliance and the sisterly, friendly and neighboring countries for their role in combating the Al- Qaeda organization, stressing that these countries did not hesitate to provide air, consulting, logistical and intelligence support to the liberated forces.The ministry said in a statement that " on the occasion of the announcement of the day of victory, Iraq is grateful to the role of the International Alliance and sisterly, friendly and neighboring countries in particular, which stood a heroic position in support and support the Iraqi armed forces of all types in its fair war on gangs and advocates, which did not skimp in providing support Air, consulting, logistics and intelligence, which contributed to the achievement of this historic victory. "We appreciate the supportive stance of the United Nations and the Security Council, which, in partnership with the United States, Germany, Britain and the voting countries, have adopted important international resolutions to fight terrorism to limit the movement of its fighters and restrict its sources of funding, oil trade and smuggled effects such as Security Council resolutions 2170, 2177 and 2199."We are grateful to the bodies and organizations that have set up and valued the high and disciplined performance of our armed forces in all their formations, which fought honorably and valorously, and their humanitarian support for the file of our displaced children as a result of these military operations, and we do not forget the media performance and professional coverage of most of the local, Fighting fronts, "calling on these countries to" take their active role to contribute to the reconstruction of liberated areas. "We have fought on behalf of the whole world and have not failed in our position with us and tomorrow Iraq is the bearer of the first brigade in fighting and defeating terrorism with the sacrifices of its honorable sons," the ministry concluded.Minister of Migration: Five million displaced in Iraq, of which 45%
BAGHDAD - The Minister of Displacement and Migration, Jassim Mohammed Al-Jaf, has revealed the return of 45 percent of the displaced to their liberated areas in Iraq.
"The number of displaced people reached five million, 45 percent of whom returned, and the ministry is working hard to bring all displaced families back to their original cities and in coordination with all concerned," a ministry statement said.
"The continuation of the ministry and the Higher Committee for Relief and Shelter for the displaced support the return of displaced persons to their areas of origin and the return of life and stability to their areas.
He pointed out that "the direction of the government and politicians to hold the elections on time and can not be achieved unless the return of displaced persons to their homes."
He praised the dry "the position of the reference authority in Najaf and its historical advisory that saved the country from this crisis and otherwise it did not get momentum in defending the country's land."
He also praised the efforts of the Ministry's staff who have worked to provide relief and shelter for displaced families during the past three years, especially accompanying the liberation operations. He expressed his thanks and gratitude to the families of the martyrs and the wounded who sacrificed for liberating the land from profiting from terrorism. He also thanked the security and military forces and Peshmerga forces. "He said.
Sistani on the situation in Iraq: the battle is not over
Called on the religious authority Ali al-Sistani to limit the weapons of the groups that participated in the fight against a supporter of the state, through the annexation to the security establishment and the military in Iraq.The senior cleric in a Friday sermon delivered on his behalf by his representative Abdul Mahdi al-Karbalai in the southern Iraqi city of Karbala warned against the laxity of security, saying victory over a duel did not mean the end of the battle against terrorism.He added that the battle "will continue and continue as long as there are people who have misled and embraced the extremist ideology, which does not accept the peaceful coexistence with others and does not hesitate to kill innocent people and women and children and destroy the country's malignant methods."Al-Sistani stressed that combating terrorism and combating its intellectual roots is not only through security and intelligence work, but also through awareness campaigns that reveal "the falsity of terrorist ideology and deviation from the seriousness of Islam".Turning to the reference in his speech to the file of corruption, and said that fighting should be one of the priorities of the government in the next stage, "This battle is no less fierce than the fight against terrorism, if not stronger."The closing statement of a conference to combat the media is calling for increased international support for the reconstruction of Iraq
Date Created: 2017/12/14 17:27 • 140 times read(Baghdad: Al Furat News) The final statement of the third international conference to combat the media advocated the idea of the need for more international support in the field of urban reconstruction and address the effects of gangs psychologically and socially and strengthen the components of security and civil peace
The statement said at the end of the conference, which was released today and received by the agency {Euphrates News} a copy of it today, "held in Baghdad, the Third International Conference to combat the flags and the idea of the period of 13-14 / 12/2017 under the slogan {for a world without terrorism, } With the broad participation of the countries of the International Coalition and the European Union and Iraqi institutions competent.
"The conference included ten specialized research sessions in the light of the information operations in combating the three types of information operations (strategic, operational, tactical), Iraq's experience in the success of the media operations, the development of information operations in Dahesh and how to confront them, The information environment, and the role of Iraqi civil society in combating extremism and sectarianism.
, Counteract radical thought and extremism, information processes and capacity building for psychological processes, and information processing capabilities.
"While the conference coincided with the announcement of Iraq's great victory over the dredging and cleanse of its entire national territory, the international delegations participating recorded their admiration and praise for the achievements of Iraq, which culminated in major victories on a supporter."
He stressed "the importance of the international partnership to support Iraq in the coming period and aware of the seriousness of the ideological ideology of da'ash to subvert people and undermine the souls and minds, Iraq looks forward to deepen the bonds of cooperation and its continuity with the international coalition and the United Nations and the European Union and international institutions concerned with confronting the post-urging to move forward at a pace Confident, deliberate and coordinated to defeat terrorism intellectually and ideologically through the development of a clear strategy objectives and dimensions and allocate resources for implementation. "
"In this context, Iraq emphasizes the need for more international support in the field of urban reconstruction and address the effects of psychological and social and strengthen the components of security and civil peace."
"Iraq, which has suffered from these terrorist gangs, stands today with the will of victory and the banner of victory that has been achieved with the courage of the Iraqis and their cooperation with the world in the fight against flags and advocacy and work with all for a world without a loving and loving peace."
"The representatives of the countries in this conference agreed on the importance of the scientific recommendations and the accurate diagnosis of the coming phase and their requirements and expressed their countries' readiness to continue supporting Iraq and benefiting from the experience of Iraqi success in providing international peace and security."
The results of the conference, according to the statement, "Iraq's support by the international coalition in the establishment of the Center of Excellence International, and the approval of the International Alliance countries to address the media and social networking companies of the intellectual and media sources of the terrorist, and the continued support of the International Coalition of Iraq in building psychological effort and psychological processes in Iraqi institutions" .
He pointed out that "coordination with the Center for the fight against global extremism (moderation) in Saudi Arabia to combat extremism and work to spread moderation, and the approval of the International Alliance countries to continue the international partnership in support of Iraq to the post-urged through reconstruction and services."
The results of the conference, according to the statement, urged "to develop and support Iraqi artworks that document and highlight the Iraqi army and Iraqi security forces' championships with all their rights through coordination with the international effort supporting them."
A Japanese company plans to pay part of the salaries of its employees in the form
Khandan -15/12/2017 A Japanese e-services company will soon suggest that its employees receive part of their salaries in virtual currency to facilitate their use, a company spokeswoman told AFP.
As of next February, GMO Internet, which offers a wide range of e-services, including an exchange platform since May, will offer its 4,000 Japanese employees access to up to 100,000 yen (approximately $ 900) Of their monthly salary, according to the spokeswoman.
According to Bloomberg data, the coded currency, which has seen a rocket rise in recent times, is estimated at $ 17,000, compared with less than $ 1,000 at the beginning of the year.
As of next month, GMO Internet is also planning to take part in measures to ensure the security of this currency by overseeing the proper application of the principle of the currency, known as the "Blachstein".
A currency currently constituted is speculative and is not subject to any banking control and is restricted to circulation on electronic platforms.Kauaihn Iraq Articles:A "mysterious" military meeting between US commanders and the chiefs of staff of Turkey and Iraq in Ankara
Turkey will sign a final deal to buy S-400 from Russia next week
The meeting included Turkish Chief of Staff Khulosi Akar and his Iraqi counterpart Osman al-Ghanmi, the commander of US forces in Europe, Kutis Skaparoti, and the commander of the US Central Command, Joseph Fotel, at the headquarters of the Turkish Chief of Staff in Ankara.
While the statement issued by the Turkish Chief of Staff prior to the meeting saying that «the meeting will discuss security issues related to the region», did not make any statements from the US administration or the Iraqi side of the meeting.
The meeting comes amid a sharp escalation in the differences between Ankara and Washington over Turkey's accusation of the Trump administration of continuing to send weapons to Kurdish militants in Syria, refusing to hand over Fathullah Gulen, and more recently the trial of Turkish businessman of Iranian origin Reza Darab for violating economic sanctions. Imposed on Iran.
But hours before the tripartite meeting, the White House expressed Washington's commitment to strategic partnership with Turkey "for stability and the defeat of terrorism." We appreciate Turkey's efforts to increase its border security, stop the flow of foreign fighters across its territory, And fighting on the ground in order to clear the main cities in Syria is calling for.
On Wednesday, the Directorate of Public Security in Turkey summoned an FBI agent in the Turkish capital of Ankara on the basis of confessions made by former security agent Hossein Korkmaz of the Gulen organization, who travels abroad, The ongoing trial in the United States of the former Deputy Director of the Turkish «Khalak» «Hakan Attila».
In another context, the Turkish Foreign Minister Mouloud Javishoglu stressed the absence of problems over the purchase of the Russian S-400 missile system, saying: "The deal may be signed this week," and pointed to "the continuation of works related to the deployment of the system S-400 missiles in Turkey.
He pointed out that his country will train military and civilian engineers to use the system after deployment. "If we need Russian engineers and technicians, they will come to do what is necessary and then return."
He pointed to the continuation of the technical work related to the deployment of S-400 missile system in Turkey.Sweden protests to Iraq and calls its ambassador to Stockholm
Swedish Prime Minister Stefan LovinThe Swedish Foreign Ministry protested the execution of an Iraqi citizen of Iraqi origin who was convicted of terrorist offenses in Iraq and belonging to a sympathetic organization.
According to Swedish media, Stockholm will call today the Iraqi ambassador to express its protest.
Prime Minister Stephane Leuven himself raised the issue with the Iraqi side.
The 60-year-old was executed along with 37 other people on Thursday after being convicted of terrorist acts.
"We have been doing intensive consular activity since we were told about it," State Department adviser Patrick Nelson was quoted by the Swedish Press Agency as saying. "We have demonstrated our protest against the death penalty and have affected this at a high level with Iraqi representatives."
An Iraqi court convicted the man in 2010 of the death penalty for terrorist offenses.
Iraqi Justice Minister Haider al-Zamili attended the execution of the convicts in a prison in the southern Iraqi city of Nasiriyah.
"I do not have any details, but we know that this person has been jailed in Iraq as a terrorist terrorist," Swedish Prime Minister Stephane Leuven said at the EU summit in Brussels yesterday.
"Our position is that a person who travels to another country and commits a crime must be expected to be punished in that country, but we refuse to carry out the death penalty."
The Swedish Foreign Ministry says there are a number of Swedish citizens of Iraqi origin jailed in Iraq, but Justice Department adviser Patrick Nelson does not want to comment on whether other people have been sentenced to death.
"We have mentioned in the past that the death penalty should not be carried out but that it should be converted to prison terms. We stressed that Sweden opposes the death penalty. "
He added that the Iraqi ambassador will be called during the day. The Swedish ambassador in Iraq will also deliver the Swedish government's protest.
Swedish Foreign Minister Margot Wallstrom earlier raised the issue of the death penalty on a visit to Iraq in November 2015, her statement said.
"We have stated clearly and on various occasions and at all levels our protest against our citizens' condemnation of the death penalty. We appealed to Iraq not to implement the sentence but to turn it into prison," she said.
She also wrote that execution was inhuman, cruel and irreversible, and that it had received shocking news.Korean Gas Corporation recovers funds invested in Zubayr project
Date of release: 2017/12/15 12:20 • 92 times scheduled{International: Euphrates News} The Korean Gas Corporation said it recovered $ 2.49 billion, which is the sum of its funds invested in the Zubayr project in the province of Basra, the project to develop oil and gas wells in Iraq.The company said that the company «Iraq BV Gas Corporation}, the company discharging project Zubair, recovered 2.53 billion dollars this month (43.7 million barrels of crude oil accumulated by the company), achieving a rate of refund of invested funds by 101.6%.
It is noteworthy that the South Korean Gas Corporation participated in the project Zubayr in 2010, having established a subsidiary in Iraq for the production of crude oil, where it achieved production of 430 thousand barrels in the daily average this year.
The firm said it would be able to recover $ 378 million it invested in Iraq in the coming year.
The company said it expects to achieve annual net profit within the Zubair project for the remainder of the contract period until 2035. EndedBasra oil will be auctioned next month at an international auction
Release date: 15/12/2017(Reuters) - Iraqi oil marketing firm Sumo plans to sell up to four million barrels of Basra crude in January at an auction on Plats on Friday, a memo from Platt said.Sumo plans to sell two million barrels of Basrah Light crude for the loading of January 20 and another two million barrels from Basra heavy load on Jan. 23.
The supply is both fixed and oil can be bought as a single shipment of 2 million barrels or divided by two million barrels.
Platts will publish confirmed offers from Sumo customers by 3:45 pm Singapore time (0745 GMT) and will remain in effect until 0900 GMT.
It will be the second auction of Sumo on Platts, and the company did not award the shipment it offered at the first auction last month.
S & P Global Platts, a global energy information provider, has been active in the field for more than a century and is now a branch of MacGro-Hill.
Its main activity is industry news, pricing signs for oil and oil, natural gas, electricity, nuclear power, coal, petrochemicals, metals in the markets.Ministry of Oil responds to the Russian President on the Kurdistan region
Editorial date:: 2017/12/15 0:05 • 71 times read(Baghdad: Al-Furat News) The Iraqi Oil Ministry responded to Russian President Vladimir Putin's statements on the investment of Rosneft in the Kurdistan region without the approval of Baghdad.A spokesman for the ministry, Assem Jihad, said on Thursday that the ministry is adhering to its "rejection of all oil transactions without the approval of the Baghdad government" in response to Putin, who pointed out that there is no intention of Russia to withdraw the company, "Rosneft" oil from the Kurdistan region.
Jihad said that "Russian Energy Minister Alexander Novak assured the Iraqi government during his visit to Baghdad earlier this month that any contract or agreement is carried out anywhere in Iraq will be after reference to the Iraqi government."
The Russian minister said in a tweet on his site, "Twitter" after his visit to Baghdad that "the Iraqi government has no objection to the operations of Russian oil companies in the Kurdistan region of Iraq."
Iraq strongly denied these statements, stressing that his firm position is that "oil is a sovereign issue, and any deal that is not approved by Baghdad is illegal and will bear the consequences of the companies violating."
The spokesman for the Ministry of Oil that "the region continues to export oil, and that the problems related to this aspect has not been resolved."
According to jihad, Erbil city of a lot of money for oil companies, including $ 2 billion for Turkish companies, and other funds to companies second, as he put it. EndKauaihn Economic Times:ECONOMIC TIMES / CHATTERFOR TWITTER ACCTJust send a text message from your cell phone to:40404 (may have to add 40404 as a contact first) Then send a message that says: Follow @FactsnOpinion1 and you will join their twitter feed and instantly get the doc. You do NOT have to join twitter to get tweetsONLY SPACE IS AFTER FOLLOWwho are on their computers to go to:to get to our twitter feedGLOBAL/NEWS/INFO10 ways ridiculously successful people think differently
"Obstacles do not block the path; they are the path," writes Travis Bradberry.
Read more: https://www.cnbc.com/2017/12/13/10-ways-ridiculously- successful-people-think- differently.htm Bill Gates and Richard Branson agree on why it's important to have 'long-shot' goals
Microsoft founder Bill Gates and Virgin Group founder Richard Branson met in Paris to discuss climate change and the importance of dreaming big.
Read more: https://www.cnbc.com/2017/12/13/bill-gates-richard-branson- why-it-is-important-to-have- big-goals.html OIL/COMMODITIES/ENERGYGold Prices Gain In Asia Despite Fed Hike, Inflation Picture Uncertain
Investing.com
Gold gains in Asia Read the full storyGold edges up as dollar holds steady
Gold inched up in early trade on Thursday as the dollar stayed little change in the wake of the Fed's latest rate hike.
Read more: https://www.cnbc.com/2017/12/13/gold-focuses-on-dollar- moves-after-fed-interest-rate- hike.html Gold Prices Trim Gains but Remain SupportedOil rises on lower US crude stocks, but growing output caps gains
Investing.com
Gold prices pull back from session highs but weaker dollar still supports Read the full story
Oil prices rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories.
Crude Oil Prices Waver as Investors Weigh OPEC Curb Against. U.S. Shale Output
Investing.com
© Reuters. Investors remain concerned over increased U.S. shale production Read the full story
BANKS/BANKING/CREDITChina raises interbank policy rates after Fed hike
South China Morning Post
The last hike was seen in March, when the People’s Bank of China responded to a similar move across the Pacific Read the full storyBofAML's Morriss Says Fed Working on Faith With InflationEU Draws Brexit Battle Lines for Banks
Bloomberg
Tony Morriss, head of economics & rates strategy at Bank of America Merrill Lynch, discusses the Fed's policy decision, the flattening of the yield curve and his outlook for the BOJ. He speaks on "Bloomberg Daybreak: Australia." Read the full story
Bloomberg
The Canary Wharf financial district in London. The U.K.’s breakthrough deal to get Brexit talks moving on to the future trading relationship may be short-lived. That’s because the European Union negotiators preparing for the next stage of talks are drawing battle lines that will see them offer London’s financial services industry inferior access, if any at all, to the continent’s markets, once the post-Brexit transition period ends, according to EU and national government officials involved in Read the full story
UN Environment and BNP Paribas establish Sustainable Finance Facilities to drive sustainable economic growth in developing countriesEuropaWireUN Environment and BNP Paribas have today signed a milestone agreement at the One Planet Summit to establish Sustainable Finance Facilities, collaborative partnerships aimed at raising development capital to drive sustainable economic growth in emerging countries. UN Environment and BNP Paribas will collaborate to identify suitable commercial projects with measurable environmental and social impact, with a target of capital funding amounting to USD 10 billion by 2025 in developing countries. The Read the full storyHow Do Investment Banks Make Money?
The Motley Fool
Investment banks and commercial banks are two very different businesses. Read the full storyDollar index lingers around 1-week low as central banks take center stage
MarketWatch
The dollar struggled for direction in early trade on Thursday, as traders weighed a downbeat inflation outlook from the Federal Reserve up against what could come out of the European Central Bank and Bank of England later in the day. Read the full storyForget Bitcoin: Stellar Lumens Is Up 6,300% Since March and Is Aiming for Big Blockchain Partners
The Motley Fool
A major multinational Dow component is already testing Stellar's unique blockchain technology. Read the full story
TREASURIES/BONDS/STOCKS
US Treasurys edge lower after Fed hikes ratesCNBC
U.S. government debt prices were lower Thursday, after the Federal Reserve hiked interest rates during its policy meeting for December. Read the full storyDow shapes up to hit fresh record, with retail sales data in focusMarketWatch
Stock futures inch up with important retail sales data on tap. The gains were modest, but enough to point to another record session for the Dow industrials if that futures pace keeps up on Thursday. Read the full storyIs the Stock Market Overpriced? Yes -- but Not These 3 SectorsIf the bitcoin boom goes bust, the stock market could see collateral damage, analyst Bob Doll says
The Motley Fool
If you're looking for bargains in a seemingly overheated market, check out stocks in these sectors. Read the full storyGlobal stock markets drop after Fed rate hike
WTOP News
HONG KONG (AP) — Asian stocks were mostly lower Thursday after the Fed raised rates again as expected, followed by similar moves in China and Hong Kong that dampened investor sentiment. KEEPING SCORE: Japan’s benchmark Nikkei 225 index dipped 0.3 percent to 22,694.45 while South Korea’s Kospi climbed 0.5 percent to 2,492.24. Hong Kong’s Hang Seng slipped 0.5 percent to 29,069.45 and the Shanghai Composite in mainland China lost 0.5 percent to 3,286.36. Australia’s S&P/ASX 200 shed 0.2 percent to Read the full storyTop 5 Things to Know in the Market on Thursday
Investing.com
© Reuters. Top 5 Things to Know in the Market on Thursday Read the full story
CNBC
A bitcoin crash could have a spillover effect into the broader market, according to Nuveen Asset Management's Bob Doll. Read the full storyINSURANCE/HEALTHSurvey Finds Insurance Companies are Forcing Massachusetts Patients Off Prescribed Medications During the Plan Year, Providing A Need for New Legislation to Fix the Problem
Insurance News
Nearly all respondents (94%) support legislation prohibiting insurance companies from financially pressuring them to switch from their prescribed medication UPPER NYACK, N.Y. --(BUSINESS WIRE)-- A coalition of 19 patient and provider organizations known as the Massachusetts Patient Access and Safety Coalition today released results of a survey showing that a majority of those in Massachusetts living with chronic health conditions have experienced “non-medical switching”—insurance coverage Read the full storyAs deadline to sign up for ACA insurance looms, ‘robust’ numbers of Mainers enroll in plans
Portland Press Herald
Many are selecting zero-premium bronze plans, a new category this year developed to adjust to the Trump administration's reduced payments to insurance companies. Read the full storyHomeowners insurance may cost you more, as wildfires and hurricanes take toll
Fox News
As California continues to fight one of its largest—and most destructive—wildfires in the state's history, other states like Texas and Florida are still reeling from the economic toll of this year's hurricane season, leaving many experts to believe that insurers will likely have "no choice" but to raise premiums for Americans across the board. Read the full storyObamacare enrollment hits 4.7 million on HealthCare.gov with just days to go before final deadline
CNBC
In 39 states served by the federal health exchange, enrollment ends Friday. But most other states have later deadlines for signing up for a health plan. Read the full storyCRYPTO'S / DIGITAL CURRENCYWhy Bitcoin Futures Haven’t Taken Off…According to a Broker Trading ThemBarron's
High margin requirements make it expensive to get involved in the Bitcoin futures market. Read the full storyBitcoin fever exposes digital currency market frailties
iTnews
Ability to cope with volatile trading worries investors. Read the full storyFORTUNEBitcoin's Price Surge Is Creating Billionaires Overnight. And Then Bringing Them Back to Earth
The skyrocketing price of cryptocurrencies had one very happy customer in Michael Poutre this week. Poutre, CEO and one-fifth owner of unknown company Crypto Co., briefly became one of the world’s richest billionaires—on paper at least. Read: Bitcoin for Beginners: 3 Things to Know Before You Invest On Monday, the company hit a high of $3.9 billion, performing better than bitcoin. Its market value, in turn, jumped to $12.6 billion, which is equal to the 381st biggest member of the S&P 500, Read the full storyFirst Came Bitcoin. Then Came Bitcoin Lenders
FORTUNE
The woes of an early bitcoin investor. Until recently, people who paid virtually nothing for the virtual currency and watched it soar had only one way to enjoy their new wealth — sell. And many weren’t ready. Lenders on the fringe of the financial industry are now pitching a solution: loans using a digital hoard as collateral. While banks hang back, startups with names like Salt Lending, Nebeus, CoinLoan and EthLend are diving into the breach. Some lend — or plan to lend — directly, while others Read the full storyAs Bitcoin, other currencies soar, regulators urge caution
ABC News
With the public's intense interest in all things bitcoin and digital currencies, regulators are starting to pay serious attention. Read the full storyCURRENCIESForex - Dollar Holds Steady as Markets Digest Fed Statement
Investing.com
Dollar little changed near 1-week lows after Fed meeting Read the full storyForex - Dollar Steadies after Post-Fed SlideInvesting.com
© Reuters. Dollar steadies after post-Fed slide Read the full storyForex - Sterling Pares Gains after Bank of England Holds
Investing.com
© Reuters. Sterling pares gains after Bank of England holds Read the full storyPOUND LIVE: Sterling up on euro and dollar ahead of interest rate decisionsExpressTHE pound was trading marginally higher against both the euro and the US dollar on Thursday morning as traders wait on interest rate decisions from both the Bank of England and the European Central Bank . Sterling was up 0.1 per cent to £1.3432 against the US dollar and 0.05 per cent to ¢1.3540 against the euro in early trading. The dollar was still reeling from the US Federal Reserve’s decision to raise interest rates by 25 basis points to 1.5 per cent on Wednesday, despite persistently low Read the full storyForex - Aussie Moves Higher, Kiwi Slips After Fed Decision
Investing.com
© Reuters. Aussie gains some ground, kiwi pulls back from 2-month highs vs. greenback Read the full storyForex - Aussie Jumps After Jobs Data Surprises On Upside
Investing.com
Aussie jumps in Asia Read the full storyHong Kong dollar falls most in 22 months as HKMA says it won’t defend drop to lower end of the peg
South China Morning Post
Thursday, 14 December 2017, 8:15:PM The Hong Kong dollar plunged the most in 22 months after the city’s de facto central bank said it will not seek extra exchange fund bills and that it would let the currency fall to the weak end of the currency peg. Bloomberg reported Hong Kong Monetary Authority (HKMA) chief executive Norman Chan Tak-lam as saying on Thursday that the authority had no plans to sell additional debt as the demand for exchange fund bills was largely met. Since August, the HKMA Read the full storyUSD sheds 0.16% against CNY ThursdayForex - PBOC Sets Yuan Parity At 6.6033 Against The Dollar
Mubasher
The USD tumbled 0.16% against the China’s Yuan to CNY 6.6087 on Thursday by 11:01 am GMT. Read the full story
Investing.com
© Reuters. Yuan parity Read the full story
USA/CANADAThe State Department is boycotting Trump's Jerusalem policy
New York Post
Now that President Trump has recognized Jerusalem as the capital of Israel, what will the State Department do? It resents Israel and has been fighting the Jewish state for years. Is it ready to comply? Don’t bet on it. That’s my advice. Foggy Bottom is the worst swamp in Washington, haunted by the ghost of Loy Henderson, the diplomat who tried to defeat the very idea of Israel. He lost decisively 70 years ago, when the United Nations voted to partition Palestine, clearing the way for a Jewish Read the full storyU.S. economy ‘performing well’ as Federal Reserve hikes rates
The Washington Post
This is the fifth rate increase since the bank cut the rate to nearly zero during the financial crisis of 2008. Read the full storyThe Fed just raised interest rates. Here's how that will affect you.GOP Confident Tax Overhaul Gets Done Next Week
CNBC
If you are worried about what the increase in the federal funds rate means to your credit card bill, mortgage and other loans, here's what to expect. Read the full story
Bloomberg
Lawmakers reached a compromise on a tax overhaul Wednesday, setting the stage for legislation to be passed before the end of the year. Bloomberg's Kevin Cirilli reports on "Bloomberg Surveillance." Read the full storyRepublican Tax Bill in Final Sprint Across Finish Line
The New York Times
House and Senate negotiators reached an agreement on a final bill, and are on track to send it to President Trump by Christmas. Read the full storyDisney buys much of Rupert Murdoch's 21st Century Fox in deal that will reshape Hollywood
Los Angeles Times
Walt Disney Co. has finalized a $52. Read the full storyJanet Yellen raises interest rates in final act as Federal Reserve chair
HITC
Federal Reserve chair Janet Yellen moved to raise interest rates again on Wednesday in her final major act as head of the US central bank. Read the full storyCanadian Digital Service takes startup approach to building better IT for government
CBC News
The Canadian Digital Service is recruiting tech brains from across the country and around the world in an effort to do IT differently inside the federal government. Read the full storyEMERGING MARKETSWATCH: 9-Year-Old Cries Tears of Joy as Electricity Returns to His Home in Puerto Rico
People
Hurricane Maria left most Puerto Ricans without clean drinking water and 80 percent of the island without electricity back in September. Since then, Puerto Rico has continued to struggle with limited access to communication and persistent blackouts. As people in the U.S. commonwealth slowly get their power back, one video circulating on the internet has touched the hearts of its viewers. On Dec. 8, Nayoka MartÃnez filmed the instant electricity was restored to her family home after 72 days Read the full storyHumanitarian Crisis In Venezuela: 280,000 Malnourished Children Could Die In Upcoming Months
Latin Times
Susana Rafalli, a member of the Cáritas organization in Venezuela, revealed to the Italian newspaper Avverine that in the coming months a total of 280,000 malnourished children could be dying by hunger. "The level of child malnutrition has exceeded the threshold of the humanitarian emergency," Rafalli explained. "It is disastrous that 33% of the children have delays in their growth, this physical and mental damage is irreversible."... Read the full storyVenezuela seeing bitcoin boom amid economic crisis
Fox News
A growing number of Venezuelans are turning to bitcoin to make ends meet amid the country's economic crisis, including John Villar, who in the last month has bought has bought two plane tickets to Colombia, purchased his wife's medication and paid the employees of his startup business — all in bitcoin. Read the full storyBRAZIL: Retail Sales Fall Unexpectedly In October From A Month Before
RTTNews
Retail sales in Brazil fell by 0.9% in October from September, the country's statistics office said on Wednesday. The results, which exclude the sales of vehicles and construction materials, was unexpected as analysts polled by Agencia CMA projected a 0.2% rise. Read the full storyProtecting progress in the Brazilian Amazon | Stories | WWFBrazil tops Places to Watch for deforestation, satellites show
World Wildlife Fund
Here at World Wildlife Fund (WWF), our work always boils down to places and species and the communities they support. And among all the places in the world it's hard to compete with the importance of the Amazon, which is why it has occupied our energies and attention more than any other. This amazing place spans nine countries and supports one in ten of every species on our planet, while covering one percent of the Earth's surface. A recent WWF report found that a new plant or animal species was Read the full story
Thomson Reuters Foundation News
Forest fires in Brazil and Indonesia contributed to a record loss in global tree cover in 2016, equivalent to the size of New Zealand Read the full storyMIDDLE EASTHackers are now OPEC's biggest threat
Business Insider UK
The oil industry is quickly digitizing, much like many other sectors. But petroleum producers need to pay careful attention as cyberattacks could be deadly. New data from 134 countries shows OPEC countries are the least prepared. Oil and cybersecurity in one sentence certainly makes for a thrilling read, and there will be an increasing amount of information on the topic as the Internet of Things expands and the global oil industry adopts automation and digital technology. OPEC is no exception in Read the full storyExclusive: Saudi Aramco to push ahead with market share, expansion strategy - CEO
Reuters
Saudi Aramco, the world's largest oil producer, aims to regain its lost market share after the OPEC-led supply-cut pact ends and plans to push ahead with a downstream expansion strategy to be on par with Big Oil, its chief executive said on Wednesday. Read the full storyMuslim Leaders Declare East Jerusalem the Palestinian Capital
The New York Times
Leaders of the Organization of the Islamic Cooperation called President Trump’s recognition of Jerusalem as Israel’s capital dangerous and illegal. Read the full storyBenjamin Netanyahu Says Bitcoin Rises As Banks Die
International Business Times
Israeli news broadcasters are buzzing about unearthed footage of Prime Minister Benjamin Netanyahu speaking off the cuff about bitcoin. “Are banks going to eventually disappear? Yes. The truth is that this is what’s pushing bitcoin prices upwards,” Netanyahu said. He also said banks won’t disappear tomorrow, and that the current state of explosive bitcoin market growth can’t last forever. However, in the long term, it appears the Israeli leader believes technologies like bitcoin will supplant Read the full storyNetanyahu asks Teva Pharm to minimize job loss in Israel
Reuters
Israeli Prime Minister Benjamin Netanyahu said on Thursday he spoke with the chief executive of Teva Pharmaceutical Industries and asked that the company keeps layoffs in Israel to a minimum. Read the full storyIsrael minister Katz 'invites Saudi crown prince'
Aljazeera
Israel's Intelligence Minister Yisrael Katz has invited Saudi Arabia's crown prince to visit Israel in an interview with a Saudi news outlet, according to Haaretz. Katz confirmed to the Israeli daily that he extended the invitation to Mohammed bin Salman on Wednesday in the interview with the UK-based independent news website Elaph. According Haaretz, the excerpt with the invitation was edited out of the final version of the wide-ranging interview. Katz, in the interview, described Saudi Arabia Read the full storyPence delays Israel trip over GOP tax bill
The Hill
Vice President Pence has reportedly delayed his trip to the Middle East by three days due to the GOP's tax legislation efforts. Read the full storyAFRICAZimbabwe seizes $500,000 worth of ivory on way to MalaysiaABC News
Zimbabwe seizes $500,000 worth of ivory destined for Malaysia Read the full storyGraceless: Women warned off politics in ZimbabweThe Christian Science Monitor
Dislike for Robert Mugabe's wife, Grace, was a big factor in the Zimbabwean president's downfall. But her treatment at the hands of press and public has revealed deep misogyny in national politics. Read the full story'Enigmatic' Ex-Wife Of South Africa's Jacob Zuma Vies For PowerNDTV
Nkosazana Dlamini-Zuma, a front-runner in the race for South Africa's ruling party leadership, faces difficulty distancing herself from her tarnished ex-husband President Jacob Zuma. Dlamini-Zuma is... Read the full storyThe Latest: Zimbabwe's new leader wants sanctions liftedABC NewsThe Latest: Zimbabwe's new leader wants sanctions lifted to help revive shattered economy Read the full story
Zimdollar Return Thank you YoASIA
China and U.K. Eye Bond-Trading LinkBloomberg
China and the U.K. are said to be assessing the feasibility of a bond-trading link that would mark a new step in opening up the world's largest emerging debt market. Bloomberg's Tom Mackenzie reports on "Bloomberg Daybreak: Asia." Read the full storyAsia stocks edge higher after Fed meeting; dollar, U.S. yields sagReutersAsian stocks edged higher on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike but flagged caution about inflation, tempering expectations for future tightening, which weighed on the dollar and Treasury yields. Read the full storyThe Year Ahead in Asia Real Estate
Bloomberg
The evolution of housing policy in China and Hong Kong will likely spur new sources of earnings growth in 2018. Bloomberg Intelligence's Patrick Wong discusses his outlook for the sector on "Bloomberg Daybreak: Asia." Read the full storyChina says it's cuttings its debts — here’s how that’s actually working
China intensified its efforts to contain risks coming from years of excessive borrowing, but concerns continued to mount when debt didn't stop climbing.
Read more: https://www.cnbc.com/2017/12/13/china-debt-how-xi-jinping- is-cutting-leverage-shadowing- banking.html China about to knock out petrodollar by trading oil in yuan Thank you YoAs one of the world’s top energy importers, China has successfully completed its fifth dry run in yuan-backed oil futures contract trading. The step has been already called Beijing’s challenge to the US dollar.Parliament Demands Greater Say Over ‘Brexit,’ Defying Theresa May
The New York Times
Rebel Conservative lawmakers joined opposition lawmakers in a 309 to 305 vote to insist on a formal vote on Britain’s plans to withdraw from the European Union. Read the full storyU.K. Lawmakers Have Given Parliament Veto Power on the Brexit Deal
TIME
The vote was the government's first defeat in Parliament on its Brexit legislation Read the full storyBrexit - live updates: Government defeat sparks Tory infighting as Theresa May heads to EU summit
The Independent
Theresa May will urge European Union leaders to approve an agreement to move Brexit talks on to a second phase after an embarrassing parliamentary defeat. Read the full storyEU Leaders Ask U.K. to Make Deal Legally Binding: Brexit Update
BloombergU.K. Prime Minister Theresa May is in Brussels for a European Union summit hours after facing an embarrassing defeat on her Brexit legislation at the hands of rebels in her own party. Leaders are expected on Friday to sign off on the deal May reached last week on the first phase of divorce talks so that negotiations can move on to trade next year. Here are the latest developments, updated throughout the day. Time-stamps are London time. Leaders Ask for ‘Legally Binding’ Text (1:50 p.m.) On their Read the full storydBlessed and Highly Favored:CBI Update:The CBI is closed on Friday and SaturdayISX Update:The ISX is closed on Friday and SaturdayKauaihn Chatter:d12-14-2017 Newshound/Intel Guru Mnt Goat Article quote: "TO FINANCE IMPORTS MUST BE A CONVERSION IN FOREIGN CURRENCY," noting that "THERE IS A QUESTION MARK ON THE CURRENCY SIGN CAUSED BY CONFUSION BETWEEN THE IMPLEMENTATION OF MONETARY POLICY OF THE CENTRAL BANK to control the levels of liquidity and at the same time trade finance, to create this ambiguity." ...sounds like Saleh is saying that Iraq needs to stop these currency auctions and use dinar in foreign trade and not go through this conversion process. The only way they can this is to use the dinar and to use the dinar they have to revalue the currency or they will have hyper-inflation. He is also criticizing the CBI for its currency practices in this regard.12-14-2017 Newshound Guru Kaperoni Article: "World Bank: ready for the advancement of the Iraqi economy" This is another very important article. Since the World Bank is who was helping the CBI with currency reform, it appears they are on board now to get it done. If you read previous delete zeros articles the World Bank was clear on the benefits and reason to restructor the currency. Seeing this article gives me hope that with the help of the WB, the project may start within a month or two. Keep in mind, those same articles stated that it takes a long time ( I am speculating at a few years) to delete the zeros.
12-14-2017 Newshound/Intel Guru Mnt Goat A lot of readers asked me if Iraq was “fully” out of Chapter VII sanctions of the UN Charter for member nations. Here is my answer: Iraq is “fully” out of the part of sanctions that took them into the oil for food program, thus for the period mid April 1995 – Dec 2017 all oil revenues (petro dollars) had to be deposited first into the DFI fund (Development Fund for Iraq). This protected the funds from predator debt collectors and also corrupted officials. BUT NOW THIS IS NO LONGER MANDATED! Iraq can now receive oil revenues directly and the DFI fund is closed. This is just like before the first gulf war. This is what we want. This is said to mean “full” sovereignty... This is what Iraq wanted and needed prior to the RV. However technically there are still minor Chapter VII issues but they will have little to no impact on the re-instatement of the currency.
12-13-2017 Intel Guru RayRen98 [From your sources, are we still looking at hopefully exchanging this week?] Yes.
12-14-2017 Newshound Guru Walkingstick When, the program rate is lifted... one, will not... have, to seek out the Forex. It will be no less, Headline/ Worldwide news then Abadi declaring complete liberation.d12-14-2017 Newshound Guru Adam Montana [What impact does everything that happened over the weekend have on the RV? How close are they to passing the HCL? Do you think they will ever flip the switch and RV?] I do believe they will RV. I don't know if it's tomorrow or next month, but the value IS going back up.Elmer:Not in todayArtmeister:Summary: Tank says that we should see 800 numbers today.Tank, and other sources, say that the Admirals’ group may be bypassed, and other groups exchange before they do.December 14, 2017 at 11: 05 amFrank just posted something, saying: Walkingstick is about to "fade into our future" then he said, "tears of joy...we won."KTFA:Walkingstick: ftti... When, the program rate is lifted... one will not... have to seek out the Forex. It will be no less, Headline/ Worldwide news than Abadi declaring complete liberation..Graciousme: Frank said we r watching for 2 articles of lower demons correctBut they have not come out yetPamela Mosely: Sam did post Article 1 on Monday I believe, were waiting on article 2.Here it is againHere is article 1Article: THE CENTRAL BANK HAS ANNOUNCED A TENDER FOR THE PRINTING OF NEW BANKNOTES (SMALL CATEGORIES) AT THE INTERNATIONAL PRINTING COMPANIES.CBI made this offer in 2015 and so the newly printed notes were delivered and they are now telling they distributed them to the banks (in exchange for banks assets) from Nov 2016 thru Nov 2017 and this effort has now concluded.Note they did not distribute any 10,000 (10K) or 25,000 (25k) three zero notes (the ones they want to delete) and slowly phasing them out.So what do the people then use for currency? First – they lessening the need for any currency by the implementation of the new electronic banking practices we have been reading about;Second – they are launching other notes to use as they told us in this article namely the 1,000, 500 and 250 dinar categories.Third – We know from past articles new currency will be issued in denominations of 5, 10, 25, 50, 100, and 200 dinars for banknotes and 25, 50, 100, 250, and 500 fils, plus 1 and 2 dinars for coins. The designs have been already chosen and they are printed and minted.All of these categories, mentioned are denominations that are in the final set of currencies that will REMAIN as permanent currency post RV. The CBI also told us that the older 3 zero notes will coincide and be in circulation with the newer 2017 notes for up to 10 years, but these notes will be mainly for inter-banking transactions and not intended for the general public use.If you read the history of the dinar since the invasion of 2003, you can see that the plan was never to go very long without replacing the currency and value. This is evident and proof by the 50 and 1000 banknotes and 250 and 500 fils already in circulation.BREAKING NEWS TRUMP 12/14/17: Hannity - FBI Agent's Plot to Stop Trump?
On the same tack, Hannity gives an excellent summary of the evidence from the Mueller Special Prosecutor’s office that his team was massively biased against President Trump. This is based on 400 released phone exchanges from Strzok and Page (see above). During the segment an additional 10,000 messages were released. Highly recommend first half of the segment.Note: This article does not appear on Google search, but it is in first 3 of a Yahoo search. What does that tell you?https://www.youtube.com/watch?v=92_kxhiZwLE 26 min total Trey Gowdy gets PISSED, GRILLS FBI director Christopher Wray with TRICKY questions
Evidence of Geoengineering and Directed Energy Weapons Used on California FiresJordan Sather Destroying the Illusion 10 min https://www.youtube.com/watch?v=dYtWoWb1QN8 Interesting that this video does not show up in Google, but shows the top 3 places in Yahoo. Hmmmm?Similar to 911, the fires show evidence of metal melting and streaming, trees burning from the inside out, and trees remaining undisturbed while the homes around them are obliterated. Also, photos of energy beams coming down onto fires. Worth watching and sharing for “those who do not know”.Wall Street Is About To Rip The Face Off Bitcoin Here's How. By Gregory Mannarino
If you are invested in Bitcoin, or thinking about it, I highly recommend this short video, which tells you how Wall Streed is likely to cause a massive slam of the Bitcoin price, with very low risk to them. All the risk to you.Trey Gowdy Launches Inquiry Into Obama’s Ties To Muslim Brotherhood – Exposing Satanic World Government #QAnon-----Re: Alabama special election—how the trap works, when it was predicted, how it works (thus far).https://www.youtube.com/watch?v=ooHxX3whFXA Watch from 7:30 min to 10:17. I don't know what the final story is, but this is pretty interesting. As is the rest of this Jordan Sather video.y Catnip:*************ARTICLE 1Prime Minister Dr. Haider Al-Abadi receives the Chairman of GE Energy and his accompanying delegation (from PM Abadi's website; posted on both Arabic and English sides)14 - December - 2017Prime Minister Dr. Haider Al-Abbadi received in his office on Thursday the President of GE Energy, Mr. Russell Stokes and his accompanying delegation.During the meeting, they reviewed GE's completed projects which are in the process of completion and future projects, overcoming the obstacles to complete them, in addition to the international experiences to rationalize electricity and stop waste and strategies to provide electricity continuously to citizens.GE also discussed ways in which GE could contribute to the development of the energy sector infrastructure and to examine the opportunities for cooperation towards its future development.He congratulated Mr. Stokes on Iraq's victory over the terrorist gangs and the liberation of the entire Iraqi territory, and stressed the company's commitment to support the national development process in Iraq.Prime Minister 's Media Office14 - December - 2017*************ARTICLE 2Iraq issues a statement to the world about the victory over the preacher2017/12/14 20:48[Ayna-Baghdad]Iraq on Thursday issued a statement to the international community on the occasion of the declaration of the day of great victory over the terrorist gangs."On the occasion of the declaration of the day of victory, Iraq thanks the role of the International Alliance and sisterly, friendly and neighboring countries in particular, which stood a heroic position in supporting and supporting the Iraqi armed forces in all of them," Foreign Ministry spokesman Ahmad Mahjoub said in a statement. In its fair war on gangs, which did not hesitate to provide air support, advisory, logistical and intelligence, which contributed to the achievement of this historic victory.He added that Iraq "appreciates the supportive stance of the United Nations and the Security Council, which, in partnership with the United States, Germany, Britain and the voting countries, has adopted important international resolutions to fight terrorism to limit the movement of its fighters and restrict its sources of funding, oil trade and smuggled effects such as Security Council resolutions 2170, 2177 and 2199.""Mahjoub also praised Iraq" for the organizations and organizations that ranked and assessed the high performance and disciplined of our armed forces in all its formations, which fought honorably and valorously, and humanitarian support for the file of our displaced children as a result of these military operations, and we do not forget the media performance and professional coverage of most of the local, Our heroic forces on the front lines "."We have fought on behalf of the whole world and have not failed in our position with us and tomorrow Iraq is the bearer of the first brigade in fighting and defeating terrorism by the sacrifices of its honorable sons," he said.*************ARTICLE 3URGENT Supreme Council calls for fighting corruption with all strength and firmness(2017/12/15 12:59)URGENT Supreme Council stresses the sanctity of the crowd and prevent the exploitation of political gains(2017/12/15 12:57)URGENT Supreme leader: victory over a duel does not represent the end of the battle with terrorism(2017/12/15 12:45)*************ARTICLE 4Minister of Migration: Five million displaced in Iraq, of which 45%2017/12/15 9:01[Ayna-Baghdad]The Minister of Displacement and Migration, Jassim Mohammed Al-Jaf, revealed that 45% of the displaced have returned to their liberated areas in Iraq."The number of displaced people reached five million displaced persons, 45 percent of whom returned, and the ministry is working hard to bring all the displaced families back to their original cities and in coordination with all the concerned authorities," a ministry statement said. "He said."The continuation of the ministry and the Higher Committee for Relief and Shelter for the displaced support the return of displaced persons to their areas of origin and the return of life and stability to their areas.He pointed out that "the direction of the government and politicians to hold the elections on time and can not be achieved unless the return of displaced persons to their homes."He praised the dry "the position of the reference authority in Najaf and its historical advisory that saved the country from this crisis and otherwise it did not get momentum in defending the country's land."He also praised the efforts of the Ministry's staff who have worked to provide relief and shelter for displaced families during the past three years, especially accompanying the liberation operations. He expressed his thanks and gratitude to the families of the martyrs and the wounded who sacrificed for liberating the land from profiting from terrorism. He also thanked the security and military forces and Peshmerga forces. "He said.*************ARTICLE 5Justice: 38 convicted of terrorism, including dual nationality2017/12/14 18:24[Ayna-Baghdad]Justice Minister Haider al-Zamili announced the execution of 38 convicted of terrorism cases after the acquittal of their verdicts and the ratification of the presidency."The Ministry of Justice is continuing to carry out the fair punishment for the perpetrators and terrorists who profaned the blood of innocent people, and they have resurrected in the country," Zamili said on Thursday during a speech after attending a death sentence in Nasiriyah Central Prison. Destruction "."The execution of 38 convicts in Nassiriya Central Prison has been carried out today and all Iraqis are executed, except for one who has dual nationality [Iraqi Iraqi], after obtaining the fundamental and legal approvals to implement this ruling from the Presidency of the Republic and the competent official bodies.""All these terrorists have been sentenced to death after granting them all their legal rights until a decisive decision is made to execute them," Zamili said.The Minister of Justice revealed the formation of special committees in the Judicial Council to speed up consideration of the death sentences and whether they are covered by the amnesty law.He said that "the pace of implementation of the death sentences against terrorists has begun to escalate recently after the start of special committees to consider whether they include a general amnesty or not."He explained that most of the death sentences were delayed because of the re-presentation of the files of convicts on the amnesty committees or because of retrial, as well as delayed ratification by the Presidency of the Republic.He pointed out that he also supervised today the opening of the new expansion to reach between 32 to 35 thousand inmates, and in accordance with the controls and conditions relating to human rights and health standards.As for the amnesty law, Zamili said that the ministry releases between 600 and 700 inmates every month who are covered by the amnesty law.*************ARTICLE 6A camel hospital only in Dubai2017/12/14 23:20[Where - Continue]A new hospital dedicated to camels has just opened in Dubai, equipped with surgical halls and state-of-the-art medical equipment.Director of the hospital Mohammed Balushi said that one of the goals of the Dubai Camel Hospital, which cost about 10.9 million dollars, is to preserve this element of the country's heritage.The hospital is staffed by an international team of veterinarians, equipped with a small racetrack to run the camels for rehabilitation after treatment. At least $ 1,000 surgery is required.Camel is one of the heritage elements in the UAE, and its camel-racing and beauty competitions are popular among its citizens. Some of them are sold for millions of dollars in auctions.
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