For those who can't get on OM, and who don't have access to the forum. I will post here the articles I like for the day and some of my thoughts. Check back later
I want everybody to understand what we have gone through to get here. You need to know where you came from to know where you are ging. I my not be righ but I am never wrong.
I was getting texts while I was talking yesterday We have sources in Iraq, inluding Kurdistan and Baghdah, as well as Canada and UK, high levels ]here in theU.S., people who work for the government and in the banking system. We also get info from the guy on the street in Baghdad - taxi friver, guy who owns a store... We knew the banks were closed until Jan 2. (Al Rashid Bank) We now know the CBI is not closed, and smaller banks are open. When Bush/Cheney put this plan together, it was benefit us (U.S., UK, Iraq) Bush siad "The war will pay for itself". If the wod did not get out, we woulfd not be a part of this. The reason we are where we are tday is becasue the Iraq economy survicved teh last fourteen yeard, long enough to get Chapter 7 removed. How did they do that? I'll tell oyu how they did it - because of you. You were a big part of their survival. If we hadn't known about this... the currency auctions kept them going. They were losing faith. We were buying their currency and this kept them going. We were the driving force in making this happen by buying their currency. That ten year period of time - it wouldn't have happened without you. I was told "You have earned your seat at the table." We had the "WEARETHEPEOPLE" program because they were trying to cut us out. They kept telling us the VIPs would go first, then we were to be next. We went through all the disinformation and the misinformation, contacting congressmen and senators. We go our point across. They lived up to what they said they would do, ans w areliving up to what we saif we would do. Everybody can't get $30 per dinar. They told us "we con only do thismuch" and it was more tha I expected. We couuld not make them do anything. There have always been things that are bigger than you and me. This is a global currency reset that will affect every country in the world, including Russia and Iran, who were not supposed to be a part of this, We cannot make them do it at a certain time - we can only insist that we be included wehwn it happens.
I did not even like President Bush, I read his book, I rewsperted what he went thtrough. This guy did more for us than you will ever know. We coluld have gottne this one eight yeard ago. Things happen. It was passed on ,Obama looked at it - it was not about the money to him. It was about the survival of a country ansd the survival of an economic system when this happens. If we had gotten this ten years ago, it could hav gone in a few years. By him making sure there ws a sustainable cuntry when this happens, a sustainable banking and judicial system... without that our country coulsd be broke tomorrow if Iraq collapsed. What Obama did was just as important as what President Bush did. It was the best thing that could have happened to us.
I put all your letters together in leather binders to present to President Bush and President Obama two years ago. This was supposed to be passed on to President Hillary. Now we have a new president who changed the tax laws - come January there will be six million people with the average person holding 100K dinar - worth $300,000 apiece - this will change the economy. The U.S. economy will take off. As of this morning there are 27 congressmen not running for re-election.
We wil have power after this like you guys don't even understand.
Rate showing $3.37. It was $3.34 at our bank on Friday. They have a rate and a date and a time to expect this on their screens. People in and ut of Iraq got theirs last week at $3.37, our people on the street in Iraq got theirs on Saturday at $3.37. What does that mean for us.Bank people were told to be prepared or be on stnadby on Wednesday. As of tirght now, we are waiting to see what happens tomorrow. The rate change did not happen this am. As of this morning they have a new date and time.The window is open - it could be at any time. Ray knew this last week - this was the plan - it was never going to be 1:1 over here. They were gonna come out with a $2 rate, then up to $3, then the real rate would show in January. But they would really prefer to deal with a fixed rate. The rate tomorrow will not be the rate when it hits Forex. It should have happened three weeks ago. We will know the rate as soon as this thing goes live. As of right now, today is the day for you. Today through the end of the month... if I were the banks I would get it started this week. There was a peson trying to put a tax on the exchange - the new tax law supposedly removed all possibility of that happening. If I have to wait until the first of Jan, it's not going to bother me.
We're in a good spot, the numbers are there. The rate is currently at $3.47 on there right now, fluctuating at two of the banks. We need Article 140, HCL, Iraq released from Chapter 7 before they can go international.. 63 banks and three credit unions buying/selling Iraq dinar.
Al-Rafidain Bank announced on Wednesday the launch of ATM service in Iraq through the completion of the payment card held by the citizen to withdraw his money in any place.
The bank's information office said in a statement received by Mawazine News that "the opening of the electronic bank ATM in Iraq through the completion of electronic payment card (master card and other payment card), which is held by the citizen to withdraw his money anywhere Which is applicable internationally to provide excellent banking services to citizens and employees for the purpose of withdrawing his funds when needed.
The statement said that "this step also limits the risk of exposure to various segments of citizens to the thefts that the money they carry through this card will not be visible.
Rafidain Bank launches "amazing" service for citizens
27 December 2017 Baghdad / SNG - Rafidain Bank announced the launch of banking "amazing" for citizens. The bank's information office said in a statement that SNG received a copy of the report saying, "The electronic ATM service center has been opened to provide excellent banking services to citizens and employees for the purpose of withdrawing funds when needed through the adoption of electronic payment card [Master Card and other payment card] Wherever they are. This step also limits the risk that various segments of citizens will be exposed to theft because the money they carry through this card will not be visible," he added.
DC NY Iraq Articles:ddd
Jubouri We count on donor countries to rebuild Iraq
BAGHDAD, Dec. 26 (Petra) - Iraqi and international support for the reconstruction of Iraqi cities free of terrorism is essential for the return of families and stability in Iraq, Iraqi Parliament Speaker Salim al-Jubouri said. Al-Jubouri said during his meeting with Kuwait's ambassador to Baghdad Salim Ghasab al-Zamanan on Tuesday that we are counting heavily on the conference of donor countries to be held in the sisterly state of Kuwait, which has contributed effectively and distinctly to support and support the crisis of displaced people in the country. He added that international support for Iraq in the conditions of post-liberation from terrorism is a necessary duty to restore life to normal and to ensure the speedy return of displaced families who are living in tragic conditions in the camps of displacement. Ambassador Zamanan reiterated his country's support for Iraq and offered all forms of assistance in the reconstruction and relief of displaced persons through the donor conference next year
Governor of Najaf clarifies the fact of signing the privatization contract of electricity
(Najaf: The Euphrates News) Najaf Governor Luay al-Yasiri denied what some of the imaginary pages on social networks reported the signing of a contract to privatize electricity in the province, pointing out that the Civil Administration demanded from the first days of the announcement of the project the federal government to wait to apply because Iraq emerged from Difficult security and economic conditions and the reality of the Iraqi citizen difficult and in need of significant economic support. "
He said in a press statement received by the agency {Euphrates News} a copy of it today that "the signing of these contracts is not the province of the governor but the Ministry of Electricity and the federal government is concerned exclusively." The governor continued, "We in the Civil Administration we have applied the decision of the provincial council to reject the privatization of electricity in the province, as well as our insistence on the federal government to postpone its application in the province and renew today also our call to the federal government to do so." The Yasiri pointed out that "some political parties and through some of the pens paid and imaginary pages and supported and supported the campaign began early and try to disrupt the image of the province of the Najafi citizen as a reaction to the work of the Civil Administration. He noted that "these parties bankrupt and lost and the Najafi street conscious and distinguish between the right and wrong.
The Directorate of the dams of Kurdistan announces the start of the federal government to pay the salaries of its employees
The Directorate General of the dams of the Kurdistan region, on Wednesday, the federal government send the salaries of employees of the region's 400 employees, for the month of November, after a year of continuous work in this regard.
The director of dams in the Kurdistan region, Akram Ahmed Rasul said in a press statement that "the salaries that were sent last week included employees of dams in the Kurdistan region only, noting that it was in accordance with the system used in Baghdad without relying on the system of saving the salaries in force in the region.
Prime Minister Haider al-Abadi announced in his weekly conference on Tuesday the start of his government to pay salaries of staff of water resources in the region, stressing auditing the salaries of education and health there and the task of the Ministry of Finance to go to the region to audit the salaries of all employees.
Abadi announced the payment of salaries of officials of the Ministry of Kurdistan and the audit of two ministries
News / Prime Minister Haider Abadi announced the start of his government to pay salaries of staff of water resources of the Kurdistan Regional Government. Abadi said in his weekly conference, we started to pay the salaries of staff of water resources in the region, and we have audited the salaries of education and health in the region. He added that the Ministry of Finance was assigned to go to the region to check the salaries of all employees. The head of the Iraqi government, Haider Abadi, has pledged repeatedly over the past few years, to pay the salaries of employees of the Kurdistan Region. But provincial officials say he is not serious. The crisis that took place between Baghdad and Erbil several years ago because of the direct export of oil to the province, led to the government to cut salaries of staff of the region, coincided with the crisis with the control of the "Da'ash" on large land in Iraq. The draft direct delivery of the salaries of the region is not new, Abadi suggested that on the Kurdistan last year, in exchange for the delivery of oil revenues to Baghdad, which was rejected by the authorities of the Territory at the time, but this condition became expired after the Kirkuk oil fields became under the control of the central government .
Deputy for Nineveh: the efforts to restore stability to the extent and size of the destruction in the province
2017-12-27 at 13:29 (Baghdad time)Baghdad Mawazine News
Reporter for the province of Nineveh Jamila al-Obeidi, on Wednesday, considered efforts to restore stability is not commensurate with the size of the destruction in the province.
"There is a lack of attention to the suffering of the people of Mosul, despite the great destruction that has been inflicted on their city," Obeidi told Mawazine News.
She added that it "made several requests to the ministries of service, including the Ministry of Municipalities to mobilize their efforts and provide the province mechanisms to restore stability to the side of the city of Mosul, but to no avail."
She criticized al-Obeidi, "the great routine that governs the work to restore stability to Mosul and the federal government, and surprise us by not allocating funds to this troubled province."
A member of the parliament, that "it is better to spend the budgets of the province for 3 years and share of the grades of career throughout the years of control calling on the province."
Erbil: 370 million dollars to address the damage of earthquakes
The Kurdistan region announced on Tuesday its need for 370 million dollars to deal with the damage caused by three earthquakes that struck the provinces of Sulaymaniyah and Halabja earlier, and between the federal government allocated 3 billion dinars to address the damage suffered by the dam and the compensation of those affected.
The center said in a statement that "on November 12, 2017 areas of the provinces of Sulaymaniyah and Halabja suffered three earthquakes, the first 4.5 degrees, 7.2 degrees and the third 4.6 degrees on the Richter scale," noting that "the three tremors killed nine people and injuring 513 Others ".
The center added that "many service facilities, government buildings, schools, health centers, electricity, water and communication services, as well as the Darbandakhan dam were damaged by the earthquake." He pointed out that "more than 3,000 housing units were damaged, .
"The rehabilitation of areas, facilities and buildings damaged by the earthquake needs 370 million dollars," the center said, adding that "the government of the region allocated 2 billion and 46 million dinars in emergency aid."
The center pointed out that "the federal government allocated 3 billion dinars to address the damage suffered by the dam and the compensation of those affected," saying, "so far has not received the territorial government allocated by the federal government."
Kauaihn Iraq Articles: dd
Including Alusi, Najafi and Shahristani. Twenty Iraqi officials visited Israel
BAGHDAD (Reuters) - Israeli researcher and writer Eddie Cohen claimed Tuesday that more than 20 Iraqi officials had made a "secret visit" to Israel. On his official Facebook page, Cohen wrote that more than 20 Iraqi officials visited Israel in secret, noting that he "did not name them for media reasons." However, the Israeli researcher, according to Al-Quds Al-Arabi, mentioned some names of Iraqi officials, such as "Mithal al-Alusi", who made this statement publicly. Ahmad al-Chalabi, former head of the National Congress Party, visited Israel in 2007. In addition to MP Hanan al- 2010, MP Mishan al-Jubouri in 2009, and Atheel Najeef (former governor of Nineveh) who visited Israel in 2008, as well as Hussein al-Shahristani (leader of an independent movement) visited Israel in 2011, "the publication said. The researcher also claimed that his information was gleaned from "Iraqi intelligence documents and sources" that he pledged to "present time that is legally required."
Election of Iraq as President of the 16th Session of the Conference of Ministers of Education in the Arab World
In the local27 December, 2017Comments on the election of Iraq as President of the 16th session of the Conference of Ministers of Education in the Arab world closed19 visits
The ministers of higher education and scientific research are choosing Iraq as the president of the sixteenth session of the Conference of Ministers of Higher Education in the Arab World, the Ministry of Higher Education and Scientific Research said Wednesday.
The source told SNG that "the ministers of higher education and scientific research Arabs choose Iraq as president of the sixteenth session of the Conference of Ministers of Higher Education in the Arab world."
"Dr. Abdul Razzaq al-Issa chairs the conference," he said.
The General Secretariat of the League of Arab States hosted on Wednesday the 16th Conference of Ministers Responsible for Higher Education and Scientific Research in the Arab World, entitled "Higher Education and the World of Work and Production: A New Vision", organized and co-operated by the General Secretariat of the League and the Arab League Educational, Cultural and Scientific Organization "And the Arab Labor Organization, under the auspices of the Secretary-General of the League, Ahmed Aboul Gheit
Trade is looking at the possibility of linking them electronically with the authorities to support their work to control the ports
Baghdad / Al-Ghad Press: On Wednesday, the Ministry of Commerce held an extensive meeting with the concerned parties on the issue of foreign trade in Iraq and in the presence of the head of the follow-up team in the Prime Minister's Office to discuss the need to maintain control of the entry of goods and goods through the border crossing points by linking them electronically with all concerned parties and supporting their work.
The Director General of the Department of Economic Relations, Adel Khudair Abbas, said in a statement received by "Al-Ghad Press" that "the meeting discussed the importance of controlling border crossings in the process of economic development, preventing the entry of bad and counterfeit goods and combating evasion of customs fees. The electronic link will provide integrated databases on the volume of foreign trade, which enables the decision maker in the future to develop sound economic policies based on accurate figures and statistics. For his part, Razak Hussein Abdul, head of the follow-up team in the Prime Minister's Office, said that Prime Minister Haidar al-Abadi is personally interested in this issue because of the urgent need in the process of economic reform and the fight against corruption. Hussein said that "the issue of electronic connectivity and control of border crossings is a priority of the government for the next stage and will be presented this subject for discussion at the meeting of the Council of Ministers to take a decision on it
Washington. welcomes the payment of government salaries of some workers in the Kurdistan Region
Alsumaria News / Baghdad The United States on Wednesday welcomed the Iraqi government to pay the salaries of some workers in the Kurdistan region.
"I am happy that the Iraqi government has begun to pay the salaries of some KRG workers," US Ambassador to Iraq Douglas Seelman said in a tweet on Twitter.
Silliman said he hoped "salaries will be paid later to more workers soon." Prime Minister Haider al-Abadi said on Tuesday that the government began to pay the salaries of staff of water resources in the Kurdistan region, and between there is an audit of the salaries of education and health there, he pointed out that the finance was assigned to go to the region to audit the salaries of all employees.
"
Iraq signs agreement with China Oil Company
Signed a five-year agreement with the Chinese oil company Junhua
26.12.2017 ~ 26.12.2017
Iraq signed an agreement with China Oil Company.
"We have signed a five-year agreement with China's Junhua Oil Company to raise the daily production volume to 40,000 barrels in the oilfield in Baghdad," Iraqi Oil Minister Jabbar al-Luaibi told a news conference at the ministry's building in Baghdad. .
The Iraqi minister said the Chinese company will build a housing unit in the area where the field is located, along with a medical clinic, a school and a nursery for children.
The minister said that Iraq will fill 50% of the work force on the subject of development of the oil field.
Iraq seeks border security and secure trade with Jordan
The delegation of the Ministry of Defense discussed with the delegation of the Kingdom of Jordan the completion of the task of the subcommittees of roads, bridges, customs, port and all aspects of the technical side, and the issue of security of the Jordanian-Iraqi borders and securing trade movement.
"The two delegations met in Baghdad and discussed the security aspect and the developments in the Iraqi arena on the operational and intelligence aspects of the Iraqi-Jordanian border," the defense ministry said in a statement. "This meeting is a complement to the previous meeting held in the Hashemite Kingdom of Jordan" .
In turn, the Jordanian side praised the wise administration of the Iraqi government to manage the crisis in the past years because of Iraq's exceptional circumstances, stressing that "this meeting is not to restore relations and build between the two countries, but to restore and arrange things to normal to the pre-crisis experienced by Iraq And we are able with the Iraqi government to restore the security of the Jordanian-Iraqi border and the security situation on the border and intelligence work and ensure the movement of trade because it is an important axis for both countries. "
Security and parliamentary defense: "Blackwater" entered Iraq for unknown purposes
A member of the Committee on Security and Defense parliamentary Niazi Myanmar Oglu, Tuesday, that "there are foreign companies and US entered Iraq recently for unknown purposes in coordination with the government without informing us or inform us about it," noting that "among these companies Blackwater, as we heard
Oglu added that "the government did not inform the Committee of any details or details about the foreign and US security companies operating in Iraq since the withdrawal of US forces," stressing that his committee "will meet with Abadi to find out the truth of that.
The Security and Defense Committee is interested in knowing Blackwater's access to Iraqi territory and the nature of its work as well as other foreign and American companies," Oglu said
d
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
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Retirees: Miss This Dec. 29 Deadline and You Could Pay Thousands in Fees Money
This is important. Read the full story
Inspector general report: FDA food recalls dangerously slow, procedures deeply flawed USA TODAY
It took an average of 57 days to initiate 30 voluntary recalls, according to HHS' inspector general although the FDA quarrels with the numbers. Read the full story
Ten predictions for 2018 Aljazeera
Before we get on to what might happen in 2018, take a quick look back at my 2017 predictions, written this time a year ago. As ever, I've ended up with plenty of egg on my face. No, Francois Fillon did not become the president of France, and Theresa May did call an early general election in the UK, although she must wish she had not. Angela Merkel is looking considerably weaker, and Jeremy Corbyn considerably more comfortable, than I imagined 12 months ago. And there never was a breakthrough in Read the full story
OIL/COMMODITIES/ENERGY
Oil steadies near highest since July 2015 as North Sea outage eyedMarketWatch
Oil prices hovered below a two-and-a-half-year high Tuesday, with Brent underpinned by the continuing pipeline outage in the North Sea. Read the full story
Oil near June 2015 high as production cuts tighten marketReuters
Oil prices were stable on Tuesday, with Brent crude lingering near 2015 highs on the back of an outlook for healthy demand amid ongoing production cuts led by OPEC and Russia. Read the full story
One Year After Historic Deal, OPEC Succeeds in Propping Up Oil PricesThe Wall Street Journal
Investors grew frustrated early in 2017 as a pact made by major oil producers appeared to have little effect on the global supply glut. But prices eventually clawed their way back. Read the full story
Regulators Propose Rollbacks to Offshore Drilling Safety MeasuresThe Wall Street Journal
Federal regulators are proposing to roll back safety measures put in place after the Deepwater Horizon oil spill, which could affect real-time monitoring of offshore installations and third-party inspector certification. Read the full story
Gold takes aim at three-week highMarketWatch
Gold futures pushed higher Tuesday, on track for their best finish in about three weeks, as investors shrugged off mild dollar gains and stocks struggled. Read the full story
Global gold prices hit over three-week high on dollar weakness in thin tradingLivemint
Gold prices edged up on Tuesday in low-volume trade to more than three-week highs, helped by a weaker dollar. Spot gold was up 0.3% at $1,278.06 per ounce at 8.22am, after hitting its highest since 1 December at $1,279.05. US gold futures rose 0.3% to $1,282.50 an ounce. Read the full story
KSA's steel prices hike for 3rd month in rowMubasher
Riyadh – Mubasher: Prices of construction materials in Saudi Arabia witnessed mixed performance during November, Saudi General Authority of Statistics’ data showed. Average prices for 22 construction materials rose in November 2017 compared to a … Read the full story
Blockchain for commodities marketsLivemint
Blockchain technology, which has already been adopted by gold traders, is starting to show the potential to transform other sectors of the global physical commodities markets. Read the full story
BANKS/BANKING/CREDIT
2017 is the year the financial crisis officially endedYahoo Finance
Investors and central banks finally stopped worry about the financial crisis in 2017. So what's next? Read the full story
Experts’ views on what changed in the banking and fintech sector in 2017Livemint
Capital One to slash stock buyback program as Tax Act leads to $1.9 billion chargeMarketWatch
Capital One Financial Corp. disclosed Tuesday that it has cut its stock repurchase program to $1.00 billion from $1.85 billion, as a result of the tax cut signed by President Donald Trump last week. The financial services company said it resubmitted its 2017 Comprehensive Capital Analysis and Review plan to the Federal Reserve Board to address certain "weaknesses" identified in the capital planning process. The company said the reduced buyback program was a result of the anticipated cut in the Read the full story
Europe’s banks brace for a huge overhaul that throws open the doors to their data CNBC
Banks have long been at an advantage when it comes to data on their customers. In Europe, that could all be about to change. Read the full story
What Happened When a Town Lost Its Only Bank BranchThe Wall Street Journal
PNC left Rich Square, N.C., in 2016, leaving it to cope without a bank for the first time in more than 100 years. Read the full story
Burn off holiday debt with zero-interest cards CNBC
Many balance-transfer deals from credit card companies offer zero percent interest for a year or longer. Read the full story
A 5-Step Plan to Get Rid of Holiday DebtThe Motley Fool
Buried in debt thanks to the holidays? Here's how you can unburden yourself. Read the full story
This 'holiday gift' from your bank could keep you in debt longerUSA TODAY
An offer from your lender to skip a payment can result in a longer loan and additional interest. Many lenders also charge a fee if you take them up on it. Read the full story
TREASURIES/BONDS/STOCKS
Retirees: Miss This Dec. 29 Deadline and You Could Pay Thousands in FeesMoney
A bitcoin implosion could 'spill over' into the stock market, warns Wells FargoCNBC
If the cryptocurrency boom goes bust, stocks could easily be dragged into the chaos, Wells Fargo Securities says. Read the full story
Opinion | Bond Market Crosscurrents to Make for Tricky 2018Bloomberg
Bond investors have lots to consider in 2018. The Federal Reserve just raised its main interest rate to 1.5 percent, and the market is pricing in a rate just above 1.87 percent by the end of 2018, with a 30 percent chance of 2 percent to 2.25 percent. I give more odds to the latter, especially if some of the Fed’s alternative views on inflation influence policy. A recent San Francisco Fed report titled “What’s Down With Inflation?” says pro-cyclical inflation is at pre-recession levels while Read the full story
Sensex hits 34,000 level for first time, Nifty above 10,500; ONGC, TCS, Dr Reddy's top gainersBusiness Today
The Sensex rose 6.34 points to 33,946 in early trade. The Nifty was up 3 points to 10,496. ONGC (1.45%), TCS (0.99) and Dr Reddy's (0.85%) were the top gainers on Sensex. Infosys (1.05%), SBI (0.77%) and ICICI Bank (0.76%) were the top Sensex losers. Read the full story
INSURANCE/HEALTH
ObamaCare proves surprisingly resilientThe Hill
ObamaCare is showing its resilience after a year where in which it took a beating but survived. Read the full story
Republicans knock holes in Affordable Care Act but don’t demolish the lawThe Washington Post
The fate of the health-care law could hinge on next year’s midterm elections. Read the full story
Science Confirms the Once-Mocked 'Man Flu' Is a Real ThingObserver
One study found that men with higher testosterone levels had less of an antibody response to vaccination. Read the full story
CRYPTO'S / DIGITAL CURRENCY
Bitcoin could hit $60,000 in 2018 — but it will 'definitely' fall again, says startup co-founderCNBC
Cryptocurrency entrepreneur Julian Hosp says bitcoin's rapid rise isn't over yet. But there's a catch. Read the full story
Bitcoin rises 10 percent, recovers from last week's brutal selloffReuters
Bitcoin extended its recovery in holiday-thinned trading on Tuesday, rising 10 percent to be up more than a third from last week's lows of below $12,000. Read the full story
A bitcoin implosion could 'spill over' into the stock market, warns Wells FargoCNBC
If the cryptocurrency boom goes bust, Wells Fargo Securities believes stocks could easily be dragged into the chaos. Read the full story
CURRENCIES
Rare 1882 gold certificate to push for top lot honors at Heritage's FUN currency auctionArtdaily
An extremely rare 1882 gold certificate that could sell for $500,000 or more is expected to draw the heaviest pursuit among serious collectors at the FUN Currency Auction in Tampa, Fla. "The January FUN auction is like no other event," Heritage Auctions Currency Director Dustin Johnston said. "Each year, we encounter some really extraordinary rarities, and this year's event is no exception." The rarity of the Fr. 1218e $1,000 1882 Gold Certificate (est. $500,000+) is beyond debate. It is Read the full story
Forex - Dollar Trades Flat in Lackluster Forex MovesInvesting.com
Dollar holds steady despite handful of data from the U.S. and Japan Read the full story
Dollar steadies in post-Christmas trade
MarketWatch
The U.S. dollar on Tuesday see muted trade, with currency investors expecting tepid activity in as investors attempt a tentative return from a day off for most markets on Christmas. Many European markets also are closed Tuesday in observance of Boxing day. Read the full story
Mexico's central bank to sell more peso coverage contractsABC News
Mexico's central bank says it will bolster the peso amid concerns U.S. tax changes could reduce investment flows to Mexico Read the full story
Euro PLUMMETS in Christmas Day ‘flash crash’ blamed on ‘computer algorithms’Express
FLASH crash hits Euro as the EU’s currency plummeted by up to three per cent on Christmas Day in a suspected computer-driven sell-off, analysts revealed. The single currency dropped dramatically in just a few minutes, Bloomberg claimed. Dramatic market news would normally cause such a drop but that was certainly not the case on Christmas Day, analysts are pointing the finger at computer-driven trading. Qi Gao, a Hong Kong-based foreign currency strategist for Scotiabank, supported the theory and Read the full story
Israel considering issuing digital shekel to tackle tax evasionInternational Business Times, UK Edition
The Bank of Israel proposes to issue the cryptocurrency once the government approves it. Read the full story
Rupee trades flat against US dollarLivemint
Mumbai: The Indian rupee was trading little changed against US dollar on Tuesday in a thinly traded market as many dealers were on leave for the year end. Read the full story
USA/CANADA
America is on the brink of a historic break with Europe, thanks to TrumpUSA TODAY
Foreign service officers like me saw ourselves as guardians of this vital alliance. But Trump isn't interested in leading it or writing its next chapter. Read the full story
Post-Christmas sales may rival Black Friday this yearNew York Post
Keep those credit cards warm. Retailers hoping to extend the Christmas buying frenzy will swing their doors back open Tuesday — with some offering Black Friday-level prices to clear inventory and keep registers ringing. From Amazon to Nordstrom to Old Navy, an increasing number of outlets are offering fresh sales after the Christmas rush to lure consumers before their spending hibernation. “A lot of people are going to be returning things, so I feel like it will be cheaper,” said teacher Ronny Read the full story
Northern Utah under avalanche warningCBS News
Below average early season snow creates a shallow and weak snowpack which cannot support the weight of new snow Read the full story
Delivery-only restaurants could start popping up near youNew York Post
Diners beware: The pod people may be coming to a restaurant near you. Faced with dwindling traffic and rising labor costs, a few nationwide chains including Outback Steakhouse and Red Robin Gourmet Burgers have begun rolling out what some call “restaurant pods” — kitchens that cook up orders for delivery only. At the Red Robin Express on Chicago’s bustling North Michigan Avenue, more than a few hungry diners have knocked on the door, only to walk away empty-handed and confused. That’s because Read the full story
America's trade wars are heating up, as more US companies sue for reliefChron.com
U.S. companies are bringing new trade lawsuits against their foreign competitors with a scope and frequency not seen in more than 15 years, government documents show, as a wave of new complaints builds under President Donald Trump. Read the full story
FBI says Russia dossier’s collusion charges unsubstantiatedThe Washington Times
The FBI is declining to repudiate the Russia dossier on which it partially relied to start an investigation into the Trump campaign, but it concedes the document's major core charges of election collusion remain unsubstantiated. Sources familiar with House and Senate investigations say this is the FBI's dossier talking point ... Read the full story
Canada can learn from Hong Kong’s tax system, commerce chamber chief says
South China Morning Post
Newly appointed chairman praises city’s economic framework and calls for more trade synergy between businesses in both regions Read the full story
Canada expels Venezuela diplomat in tit-for-tat moveBBC News
Canada says it will continue to work to apply pressure on "the anti-democratic Maduro regime". Read the full story
Canada needs a pragmatic approach to free-trade dealings with ChinaThe Globe and Mail
China’s non-market economy status affects trade remedies such as anti-dumping Read the full story
EMERGING MARKETS
Venezuelans scramble to survive as merchants demand dollarsReuters
There was no way Jose Ramon Garcia, a food transporter in Venezuela, could afford new tires for his van at $350 each. Read the full story
Dark, desperate life without power in Puerto RicoABC News
Hundreds of neighborhoods and towns in Puerto Rico are still without power Rico this holiday season, more than three months after Hurricane Maria raged across the U.S. territory Read the full story
Santa delivers in Puerto Rico amid destructionCNN
Despite destruction from Hurricane Maria in Puerto Rico, a determined Santa visited kids who lost their homes, and were staying with relatives. CNN's Leyla Santiago follows the sleigh ride. Read the full story
MIDDLE EAST
VAT to be applied on electricity bills in UAE early 2018 – FEWA Mubasher
Abu Dhabi – Mubasher: The value added tax (VAT) will be imposed on the consumers’ bills, especially electricity bills, effective January 2018, said the Federal Electricity and Water Authority (FEWA) in the UAE. The VAT will not be applied on the … Read the full story
Pope Francis Calls for a Two-State Solution to Find Peace in the Middle East TIME
As Christians celebrate the birth of Jesus, the pope depicted suffering reflected "in the faces of little children," citing war and other tensions in the Middle East and Africa Read the full story
By: Mahmoud Gamal Dubai – Mubasher: Selective buying of speculative stocks and optimism regarding the firms’ good annual financials bolster the UAE stock markets to remain stable at their current levels on Tuesday’s trading session, analysts told … Read the full story
Daman replacing cash payments with e-DirhamMubasher
Abu Dhabi - Mubasher: The UAE National Health Insurance Company (Daman) will begin from January 2018 to replace cash payments with e-Dirham service. The CEO of Daman, Yousif Al Khanjari said the move comes after six months of testing and is part … Read the full story
Iraq's oil minister says he's optimistic crude prices will riseChron.com Iraq's Oil Minister Jabbar Al-Luaibi said he's optimistic crude prices will rise in 2018, with global stockpiles falling and demand on the rise in China and India. Read the full story
For the First Time in Four Years, Churches in Mosul, Iraq Were Able to Celebrate ChristmasIndependent Journal Review
“ ... relaunch Christian life ... " Read the full story
AFRICA
Zimbabwe to pay $840 million to grain farmersPOST Online Media
Treasury in Zimbabwe is expected to pay farmers $840,45 million by year end for a record 2,15 million tonnes of grain delivered to the Grain Marketing Board, Finance and Economic Planning Minister Patrick Chinamasa has said. This is Zimbabwe's biggest harvest since 2000. Of the $840 million, Government has so far paid $600 million... Read the full story
Zimbabwe's farmers brace for return of destructive new pestsThomson Reuters Foundation News
Fall armyworm and other new pests are making life even harder for southern Africa's embattled farmers Read the full story
Pictures by Firelight Reveal Africa’s Energy CrisisNational Geographic
In the West African country of Benin, life after dark is an exercise in ingenuity. Read the full story
ASIA
China Holds Meeting to Broker Peace in Afghan-Pakistan ConflictBloomberg
China hosted top diplomats from Afghanistan and Pakistan on Tuesday in a bid to mediate a long-simmering conflict between the neighboring countries. Afghan Foreign Minister Salahuddin Rabbani and Pakistan Foreign Minister Khawaja Asif joined their Chinese counterpart Wang Yi on Tuesday to discuss possible economic and security cooperation. The first trilateral minister-level dialogue in Beijing comes as China expands its economic interests in Pakistan. “China, Afghanistan and Pakistan, as three Read the full story
China's Shanghai sets population at 25 million to avoid ‘big city disease’the guardian
Financial hub and port city will also limit land available for construction in bid to tackle pollution and shortage of services China’s financial hub of Shanghai will limit its population to 25 million people by 2035 as part of a quest to manage “big city disease”, authorities have said. The State Council said on its website late on Monday the goal to control the size of the city was part of Shanghai’s masterplan for 2017-2035, which the government body had approved. Continue reading... Read the full story
Does Hong Kong have a housing crisis? The answer depends on whether you own a flatSouth China Morning Post
For aspiring homeowners, the city’s red-hot property market invokes both fear and frustration. The Post explains why. Read the full story
Japan’s foreign minister visits days after Tokyo's anti-Israel UN vote - Israel News - Jerusalem PostJerusalem Post
Rather than discussing Japan’s votes, Netanyahu focused on the economic potential in strengthening the relationship between the countries. Prime Minister Benjamin Netanyahu did not raise Japan’s recent votes against Israel regarding the Jerusalem issue in both the UN Security Council and the General Assembly when he welcomed Japanese Foreign Minister Taro Kono to his office on Monday. Netanyahu’s spokesman declined to say whether the issue was raised in the meeting between the two men. Rather Read the full story
EUROPE
Germany's Sigmar Gabriel: Brexit deal could serve as model for Turkey, Ukraine | News | DW | 26.12.2017DW
Germany's Foreign Minister Sigmar Gabriel proposed on Tuesday that the European Union's upcoming Brexit deal with the UK could serve as a template for relations with other non-EU states, namely Turkey and Ukraine. Gabriel told Germany's Funke media group: "If we can reach a smart agreement with Great Britain that outlines its relations with Europe after Brexit, then that could serve as a model for other countries." Read more: Prepare for 'very hard Brexit,' German industry group warns Berlin's Read the full story
Experts say Russia hasn't stopped cyberattacks on U.S.CBS News
"Foreign governments, overtly or covertly, should not be allowed to play with our democracy," Morell and Rogers write Read the full story
A pint of Brexit? Politics inspires bars, beersNBC News
Pubs and brewing companies around the world are profiting from Brexit, drawing extra attention with beers and bars named after the political phenomenon. Read the full story
It was Margaret Thatcher, not the EU, that took away my beloved passport, and yes I'd now like it back pleaseThe Independent
I’m not sure if this counts as smug, elitist, fetishistic or just plain irrational but I do wonder whether we might all be better off having a “blue” passport again and forgetting all about Brexit, seeing as people obviously care far more about the symbols of sovereignty than the reality in any case. Read the full story d
The CBI for Wednesday 12/27/17 did update on the indicative rates Sell Rate 1184
The currency auction is 174,712,850
There is one news and announcements for Wednesday 12/27/17
1. Salary Localization Project
Project of the reform of the mechanism of payment of salaries for employees of institutions and the government departments. December 27, 2017Salary Localization ProjectCurrenciesPayment SystemsBanking systemsResearch and studiesNews and press releasesAdvertisementsColumnsOfficial DepositsFunctionsDecember 27, 2017Salary Localization Project The project of reforming the payment mechanism for employees of the institutions and the government departments This project aims to pay salaries to state employees through cards issued by banks operating in Iraq. The project aims to reduce the total cost of paying salaries and maintaining cash within the banking system. Employees benefit from obtaining a bank account that enables them to deal with all ATM machines and points of sale inside the country. As well as the benefit of all other banking services offered by banks such as access to loans and others, in addition to the use of cards from safety rather than keeping cash, and that the strategy of this bank in creating a competitive environment safe for banks to provide And that the employee has the right to choose the bank according to the best financial and banking services and the most suitable prices. Banks contributing to the project of settling salaries: (Bank of Iraq, Bank of Baghdad, Byblos Bank, Middle East Bank, Lebanese Credit Bank, Gulf Bank ). Project Documents
The decision of the General Secretariat of the Council of Ministers in their books numbered 10/1/1/29805, TR / 4/22631, SG / 10/1/5/27448 dated 2/11/2016 and 17 / 7/2017 and 23/8/2017 ... To download click here The form of the legal agreement that the ministries can adopt as a guiding model when contracting with the relevant authorities ... To download click here The payroll file format to be issued by the system of salaries ministries and institutions to be adopted in the transfer of funds through the payment system in a safe and efficient ... To download click here Our books numbered 9/2/17977 and 23/296 and dated on 25/12/2016 and 5/3/2017 ... To download click here For more information and to answer your inquiries, please call 07812010971 and email payment.dept@cbi.iq.
ISX Update:
Has not updated yet today,however there are some news articles on the Arabic side of the site showing todays date. Very odd.
12-26-2017 Newshound Guru tman23…Iraqi forces and the Kurdish Peshmerga are in a standoff near the town of Kalar in northern Diyala Province…If we take the news…and… believe a RV is imminent start of 2018…then we have to believe that all this is just media optics and there is no problems between Kurdistan and Baghdad…although President Massum says Abadi is refusing dialogue right now…which I wonder how do you make a monetary change and who internationally supports it when the optics are the place is ready to blow…yet articles of Japan loaning billions for reconstruction… Not making much sense…eg ? Hopefully Jan 2 we see a rate change and much of this is equal to US intelligence reports of a Russian dossier…
12-26-2017 Newshound Guru American Contractor “…From now on, Iraq can manage the legal and technical aspects of its financial resources itself - along with everything relating to deposits and foreign real estate holding…All efforts to freeze Iraqi funds in International banks has ended, which will enhance Iraq’s financial standing and it’s creditworthiness…The decision to lift sanctions coincided with Abadi’s announcement Dec 9 that the fight against the Islamic State was over and security and stability had returned to Iraq.” This is great news. It’s a good article. Now Iraq can reach out to foreign banks and maybe get some foreign banking expertise…Chase Bank or Citi Bank and have them opening up in Iraq…It’s going to cost them 200 Billion dollars to rebuild all of northern Iraq…this is a great thing and hopefully a betterment of Iraq and they’ll get out of this cloud they’re under. They are now the number 1 seller of oil to India. [Post 2 of 2] [See the Dinar video here] 12-26-2017 Newshound Guru American Contractor Article “Iraq once again controls own economy, free of UN sanctions.” According to this article Iraq has free from all UN sanctions. Previously until this article was written Iraq has always been under Ch. 7 sanctions. Quote: “The United Nations Security Council (UNSC) has agreed to lift sanctions imposed on Iraq when the country invited Kuwait 26 years ago. The Iraqi Foreign Minsister said Dec 9 the country had completed it’s obligations under the sanctions…Kuwaiti Oil Minister Essan Al-Marzouq said Dec. 10 that the 10 year deal with Iraq provides for imports of 50 million cubic feet of natural gas a day…later rising to 200 million. The deal appears to have been the key factor that persuaded Kuwait to call for the UN to life the sanctions…Iraqi Parliament member Jassem Mohammad…’Before sanctions were lifted, Iraq was not even able to open foreign bank account in the name of the government…that cost the Iraqi Treasury enormously…” [Post 1 of 2]
12-26-2017 Intel/Newshound Guru Frank26 SO DO I…WITH A PASSION OF CHERISHED INSTINCTS DEEP IN MY DNA. A… TIMING… IS UPON US. THE ARTICLES ARE SCREAMING AT US RIGHT NOW …
12-26-2017 Currency365 [Article] Big news, new ATMs designed with visa logos. The new ATMs are out…these international standard ATMs will be deployed in the safe zones to get started….these are supposed to hold lower notes…[See Video Here]
12-26-2017 Intel Guru TNT Tony Today [Yesterday] Allak introduced the ATMs and the rate is in the ATMs as of today…Whether it’s this week, by January 2, or the 12th, the CBI will be posting their new rate…the rate is $3.37…and I was told today that the bank screen rate was $3.68…There is a plan and we will make the best of it…The rates will not be public until the CBI reopens on January 2 but I just wanted to tell you Merry Christmas with this extra news…
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Abadi's website; posted only on Arabic side, not posted on English side)
The Council of Ministers holds its regular session chaired by Prime Minister Dr. Haider Abadi
26 - December - 2017
The Cabinet held its regular session Tuesday, December 26, 2017 under the chairmanship of the Prime Minister Dr. Haider Abadi.
The Council discussed the items on the agenda and issued resolutions on them.
The Council of Ministers renewed congratulations on the birthdays, wishing the Christians and all our Iraqi people to live on the land of the country in peace, peace and reassurance.
The Council approved the financing and rehabilitation of Ibn al-Kaff hospital for spinal cord injuries to be a rehabilitation center for all wounded and people with special needs. He also approved the financing of 400-bed hospital rehabilitation projects.
The establishment of a factory for the production of cards and electronic passports attached to the unified national card project was approved.
The Council approved the adoption of Cabinet Resolution No. 87 of 2016 on merging ministries and proceeding with legislative procedures.
The report of the Republic of Iraq on the Arab Charter on Human Rights was approved.The Council also agreed to assign the ministries and governorates concerned to take the necessary executive procedures and according to the framework document of the national plan for reconstruction and development of the provinces affected by the terrorist and war operations.
The Council agreed to proceed with the investment of the tourist wedding island and the adjacent lake and authorize the Higher Committee for Investment and Reconstruction to decide the matter in the light of a formula that determines the course of land ownership without delay of the investment procedures of the signatories mentioned.
The Cabinet approved the third amendment to the system of nursing homes No. 4 of 1985, which was reviewed by the Council of State.
The Council decided that the Supreme Authority for Coordination between the provinces prepare a plan to transfer powers to the liberated governorates during 2018 after the completion of the requirements of the stability of Nineveh, Salah al-Din and Anbar, regularity of regular meetings of the provincial councils for a period of four months after the adoption of the budget of 2018.
The registration of the comprehensive electronic tax system was approved in accordance with the provisions of the guidebook for partnership projects with the private sector.
The Council of Ministers approved the establishment of a partnership agreement with the investor (the private sector) by the Ministry of Finance / General Authority for Taxation and the Information Systems and Accounts Consulting Office at the University of Baghdad (the holding authority) following the method of direct invitation to start the project.
Prime Minister 's Media Office
26 - December - 2017
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ARTICLE 2
Tweets from Government of Iraq twitter account (all posted in English)
The Cabinet
approves the establishment of a centre for the secure manufacture and printing
of Iraq’s biometric passports, national identity cards and other national
documents
The Cabinet
instructs federal agencies to remove all barriers to the development of areas
affected by acts of terrorism, and to work with local authorities to ensure
the full implementation of the strategy agreed under the National Framework
for Reconstruction and
Development
The Cabinet holds
its weekly meeting, discusses reconstruction projects, measures to attract
international investment, and the @IraqiGovt’s strategy to improve public
services
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ARTICLE 3
Rafidain Bank launches "amazing" service for citizens
2017/12/27 9:10
[Ayna-Baghdad]
Rafidain Bank announced the launch of banking service "amazing" for citizens.The bank's information office said in a statement received by the agency of all of Iraq [where] a copy of it that "the opening of the electronic bank service center in place to provide international banking servicesdistinguished citizens and employees for the purpose of withdrawing funds when needed through the adoption of electronic payment card [Master Card and others Of the other payment card] wherever they are. "
"This step also limits the risk that various segments of citizens will be exposed to theft because the money they carry through this card will not be visible," he added.
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ARTICLE 4
The crowd destroys a camp for Dahesh and kills three terrorists inside it in the Hamrin Mountains
2017/12/27 10:19
[Ayna-Baghdad]
Popular forces on Wednesday destroyed a training camp for terrorist gangs and killed three terrorists inside the Hamrin Mountains.
"Eighty-eighth Brigade troops in the crowd have been destroyed this morning with a training exercise of more than twenty added to the duds during combing and tracking of terrorists' fugitives in the Hamrin Mountains," the mass media said.
"The forces managed to kill three terrorists inside the camp," they said. "They destroyed the food stores inside the camp."
During the past two days, the Popular Popular Forces (UPDF) have launched a search and chase operation of the Hamra Mountains, where they have killed a number of civilians and destroyed their wheels.
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ARTICLE 5
British newspaper: Baghdad stems from the darkness of a decade
2017/12/26 9:15
[Where - Continue]
The Daily Telegraph published a report on the status of Baghdad after the expulsion of terrorist gangs in the areas it occupied in Iraq.
The newspaper published a report entitled "After the expulsion of Baghdad preacher stems from the darkness of a decade," prepared by Campbell McDiarmed from Baghdad.
The author of the report describes the experience of an Iraqi citizen named Sajjad Jiyad when he returned to Baghdad in 2014 to work for an Iraqi research center, saying he was one of four people on the plane that took him to Baghdad.
"The city was almost deserted, which was not witnessed by Baghdadiad during 10 years of armed conflict," the author says.The writer describes Baghdad as saying that it looked like a capital besieged by a failed state, but now, after the expulsion of a supporter, Sajid can feel the difference as soon as he leaves his office.
"Security has been significantly enhanced and businesses have flourished," he said. "Baghdad sees its best time in 13 years."
The United Nations estimated the number of people killed in Iraq last November at 117, a figure high but much lower than in previous years.
"The situation is wonderful now," says Minas Liam, an Iraqi of Armenian origin from Baghdad who works as a tattoo artist.
But talking about a "normal life" in Baghdad means that the bombings have become few and far between, but they have not stopped completely.
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ARTICLE 6
Iraq is only local to agricultural crops and prevents imports
2017/12/27 11:48
[Ayna-Baghdad]
The Ministry of Agriculture has declared self-sufficiency in agricultural crops and has decided to prevent their importation.
"As a result of the productive data and support of the Ministry of Agriculture for farmers and farmers of seeds, fertilizers, pesticides and agricultural inputs, which resulted in the increase of agricultural production in quantity and quantity and contributed to the abundance of many," said Hamid Nayef, spokesman for the ministry. Of agricultural products in local markets in the past few days. "
"In order to protect the local Iraqi product and encourage farmers to increase agricultural production and secure the food basket for citizens and protect them from the foreign importer, it has been agreed to ban the importation of crops [milk, shalgham, shunzer, kernabit and lettuce] from all border crossings as of Wednesday, 27 December, .
Al-Nayef called on all concerned parties to enforce the ban and actively contribute to the protection of local agricultural products.
He pointed out that the decision was "based on the letter of the Council of Ministers / Economic Affairs Committee, which gives the Minister of Agriculture the power to prevent and open imports in light of the abundance and scarcity of the local agricultural product."
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ARTICLE 7-A
Reading aloud supports memory
2017/12/26 13:58
[Ayna-Follow]
A recent Canadian medical study found that reading aloud works to enhance memory levels, and stressed that if a person wants to remember some information, he or she should read it aloud.
In this study, Canadian researchers asked 95 people to remember the information written in four different ways [silently reading information, hearing someone else read, or listening to their voices when reading texts and reading aloud].
The results of the study, conducted at the University of Ontario, Canada, that reading aloud proved to be the best way to remember information.
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ARTICLE 7-B
For smokers .. So get rid of nicotine in the easiest way
2017/12/24 22:25 •
[In-follow]
A group of scientists tested the effectiveness of several nutrients in removing toxins from the body and cleaning the lungs from the effects of smoking.
Experts from Johns Hopkins University conducted a study in which the most active food products were selected in the "Gly" human body that causes their use to accelerate detoxification.
They found that eating two apples and several grains of tomatoes a day, even after several years of smoking, cleans the lungs almost completely of nicotine.
The use of a special diet "diet", including eating apples and tomatoes a day, has proven effective in cleaning the lungs in smokers, where the respiratory tract and lungs gradually rid of all the effects of this habit harmful.
The scientists confirmed that the precise ingredients and the group of vitamins found in apples and tomatoes, help in the process of restoration of blood vessels after decomposition in the blood, which restore the vitality of the performance of different organs of the body.
Government of IraqVerified account @IraqiGovt December 27, around 4 am Eastern
The Cabinet holds its weekly meeting, discusses reconstruction projects, measures to attract international investment, and the @IraqiGovt’s strategy to improve public services
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