Thursday, February 15, 2018

Word on the Street Thursday 2/15/18

Word on the Street Thursday 2/15/18




Advertisement


Word on the Street Thursday 2/15/18:
Forex Rates:                         
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,167.6000  1,215.7000 1,167.6000 1,157.3000 1,157.3000  10.3000 07:10
 USD/VND  22,378.0000  23,019.0000 22,672.5000 22,190.0000 22,190.0000  188.0000 07:10
 USD/CNY  6.3406  6.3426 6.3502 6.3392 6.3477  -0.0071 07:11
 USD/KWD  0.2984  0.3004 0.2994 0.2983 0.2994  -0.0010 07:08
 GBP/USD  1.4065  1.4066 1.4075 1.4000 1.4003  0.0062 07:11
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  13,535.5000  13,547.5000 13,581.0000 13,518.0000 13,579.0000  -43.5000 07:08

CNBC Link:  
CNBC Morning Squawk Link:
No link yet
DC NY Iraq Articles:dd

Jubouri: Iraq is on a stage that requires the cohesion of everyone

15/2/2018 12:00 am
He called for fighting the outlaws and rebels against the law
Baghdad / Al-Sabah 
The Speaker of the House of Representatives, Salim Al-Jubouri, that the country is on the stage of an important and critical requires the cohesion of all parties to build a civil state and establish civil peace in the liberated areas, calling for fighting all types of rebellion against the law.
A statement by the Office of the Speaker of the Parliament, received by the "morning" that "Jubouri, while attending the memorial ceremony to commemorate the martyrdom of Sheikh Qassim Suwaidan Janabi and his son, which was held in the Latifiya, that" Iraq is on the stage of an important and critical requires more cohesion and cooperation in order to draw The road map for the post-organization calling for the terrorist, and work to establish stability and civil peace in the liberated areas. "
"We must establish a state of social stability by fighting all kinds of rebellion against the rule of law, beating those who are out of it with an iron fist, and keeping the weapon exclusively in the hands of the state," he said.
Jubouri said that "the project of community reconciliation starts from the step of returning all the displaced to their areas and maintain the diversity in those areas and give parents the opportunity to protect their areas through the involvement of the people of these areas in the institution of the army and local security."
The president of the council called on the government to abide by its commitments to the citizens. Today, we are not separated from the elections for less than three months, which is a very short time compared to the stability requirements that the government has promised to achieve to ensure real participation that reflects these areas and represents them in real terms. Smooth and voluntary for the population, and to ensure that weapons do not affect the results of these elections. "
He pointed out that "control of security throughout the country requires the assignment of security expertise in the security file and the involvement of local communities in the army and police more broadly guarantee the security of the regions more accurately, stressing that" we still believe that the Baghdad belt is the bastion of security of the capital, And provide them with all the needs that will enable them to be the front line of any terrorist attack. "
Jubouri urged all parties to work together to build the country's civil landmarks and to consolidate sound economic foundations and face challenges, especially as we look forward to the world's support for us at the donor conference in Kuwait. 
"Iraq is required to create the appropriate ground for the reconstruction phase, which in turn requires more stability and security, and stands in the priority of its success to confront corruption and preserve the gains of the Kuwait Conference as it represents a historic opportunity

World Bank vows to increase funding to help Iraq reconstruction

15-02-2018 4:38
President Jim Young-kim on Wednesday pledged the bank's commitment to increase funding to help build and rebuild Iraq, stressing the need for Iraq to flourish in the Middle East and the world as a whole.
In a speech at the ministerial meeting of the Kuwait International Conference on Iraq Reconstruction (KIED), Kim said the bank has increased its commitment to Iraq from $ 600 million in 2016, according to the initiative between the two parties to $ 4.7 billion at the moment.
He pointed to his efforts to provide more money to achieve economic recovery and work to rebuild services and infrastructure of the affected areas in Iraq.
He said there were great opportunities for investment in Iraq and reconstruction, adding that the process of development and construction can not be done with government resources, but with the participation of the private sector.
He pointed out that the Bank's commitment has achieved many services to support the Iraqi people and contributed to investment in Iraq in the fields of transport, agriculture, banks and others, saying that human investment is the most important for development. "What the region needs is a revolution in the quality and quality of human investment such as health and education" .
The ministerial meeting of the Kuwait International Conference for the Reconstruction of Iraq (ICI) on Wednesday, the last day of the conference, which was held on February 12-14, is attended by more than 75 countries and international organizations, including the United Nations, the European Union and the World Bank. Building Iraq.
The United Nations: Iraq lost 40 percent of its agricultural production
15-02-2018 11:36 PM 
The United Nations Food and Agriculture Organization (FAO) announced on Tuesday that Iraq lost about 40 percent of its agricultural production as a result of the war against the Daash organization. There are 12 million Iraqis living in rural areas, who make up one-third of Iraq's population and depend on agriculture for their livelihoods," the organization said in a statement.
The development of these communities can be achieved only through the rehabilitation of the agricultural sector, which has been severely affected by the work of dashing in large areas of it," adding that "Iraq lost about 40 percent of its agricultural production." The fighting in the past few years forced farmers in northern and north-western parts of Iraq to abandon their farms and destroy and damage their crops.
The organization pointed to the great destruction of the right to infrastructure, water sources and agricultural production, "in addition to the looting of agricultural equipment, seeds, crops and stored stocks, and domestic animals." According to the statement, FAO has set up a large-scale program to help rehabilitate irrigation systems and veterinary services to help 1.6 million people living in these areas by 2018.
The lack of rainfall this season has further damaged the agricultural sector, with the Iraqi Ministry of Agriculture predicting a loss of up to 30 percent of the wheat and barley crops due to drought.

Intensive activity to organize the "state" in Kirkuk and the Governor calls for a new purification process

Feb 15, 2018
Kirkuk: The activities of the "Islamic State" in the province of Kirkuk have increased in recent weeks from the places of their presence in the areas of the mountains of Hamrin and the mountains of Gharrah and the mazazil and valleys in the areas of Rashad and Riyadh and the province of Hawija, said activist Ammar Abdul Jabbar , A follower of the situation in Kirkuk for «Arab Jerusalem».
The elements of the "state" are spread in the form of "small groups in many villages in the province of Hawija in tunnels not discovered by the security forces so far," according to the source.
The elements of the organization are conducting operations targeting the security forces and the "popular crowd" continuously, including Abdul Jabbar, "an armed attack targeting the first Tuesday, the joint control of the federal police and the popular crowd at the junction of Bay Hassan.
In its night attacks, the state targets the existing units inside the Hawija district and its villages, according to the source, who spoke about the organization's success in kidnapping a number of members of the popular crowd and tribal crowd from their homes and taking them to unknown destinations.
The organization had "kidnapped a few days ago, Major General Anwar Danouk al-Ali, from his home after the control of the village of Gharib for several hours and then withdraw from them, where the house of Ali, which was bombed along with several houses in the villages of Gharib and the city, belonging to the affiliates of the tribal crowd» , The source said.
"The Iraqi army, the federal police, the popular and clan rallies are trying to stop the daily attacks, but they fail," said Abdul Jabbar.
He added that «the security forces informed the residents of Hawija and the villages belonging to him the need to volunteer one individual from each house to take up arms and protect the areas through small local groups to the task of guarding and monitoring at the entrances of the main streets and branch».
Kirkuk Governor Rakan Said al-Jubouri confirmed on Tuesday the existence of the state organization in the province's valleys, stressing that he had "sleeping cells in the city of Kirkuk and the surrounding area."
He called for "a new process to purge the region", citing "the disappearance of elements of the organization during the process of clearing areas."
The elements of the organization "operations against the Iraqi security forces, and the abduction sometimes," according to the governor, who pointed to their presence on farms around the remote villages and active from them.
The state was able to reach the Jamjal mountains in Sulaymaniyah province, cross the Iranian border and clash with the Iranian Revolutionary Guards.
The province of Salah al-Din is still witnessing sporadic attacks in the areas of Jalam in the district of Samarra and other areas.

The United Nations Mine Action Agency (UNMAS) said mine clearance and explosive ordnance in Iraq could take up to 10 years, at a cost of $ 216 million.
In a press conference at the United Nations Office at Geneva, Director of the UN's International Atomic Energy Agency (IAEA), Per Ludhamar, said that the task of removing mines planted by terrorists in the areas he controlled was "very complex".

He stressed the need for demining in liberated areas to enable IDPs to return safely.
For many years I have been involved in demining and explosive ordnance in 14 different countries, but I have not seen so much complexity, multiplicity and diversity of explosive materials as in Mosul, what I have seen can not be compared to anywhere else."

He pointed out that the agency removed in Mosul the mines and explosives belonging to the Iraqi army and the coalition forces led by the United States, as well as 'urging'.
He noted that the Agency's staff managed to remove 45 thousand of explosives last year, and provided a training course in risk and safety for 415 thousand people.

Explosives were found in homes, buildings, water distribution systems, hospitals and various types of explosives.
News published on the official page of the Anatolia Agency is an abbreviation of part of the news that is presented to subscribers via the News Flow System (HAS). To subscribe to the Agency, please contact the following link.  d
UN Secretary-General Antonio Guterich on Wednesday launched the United Nations Recovery and Stability Program for Iraq, which will be implemented over two years to help the government in the reconstruction process.
"The program aims to make immediate and tangible improvements to the daily lives of the people of Iraq," Guterich said in his speech at the Iraq Reconstruction Conference in Kuwait. The program will support broad political participation and inclusive social development. "
"The recovery program will help those who have suffered the most. The program will provide hope and opportunity. Education, culture, heritage will all be key elements for successful reconstruction. The UNESCO initiative to coordinate international efforts to rebuild the old city of Mosul deserves our full support. I urge all those present at the Conference to support these initiatives politically and to provide them with all the resources. "
He stressed «the importance of implementing reconstruction and development programs, in parallel with the implementation of a strategy aimed at preventing the recurrence of violent extremism and terrorism in Iraq».
"This should include full respect for human rights, including political, civil, economic, social and cultural rights. Civil society will play a big role in this area. "
"Anti-terrorism policies must address the factors that lead to youth bullying, including the denial of education and opportunity. This requires national and international development programs to give priority to training and employment opportunities for young women and young people in Iraq »
He pointed out that «the process of reconciliation in Iraq must include accountability for crimes», stressing the «need to participate fully in the decision-making process and on all political issues, from reconstruction to national reconciliation».
He also stressed that "the international community should support the efforts of Iraqis to build a state committed to unity and inclusion at all levels and in all regions." He also congratulated "the government and people of Iraq on the victory over the organization of the state and its bloody campaign."
He praised the «determination and steadfastness of the government and the people in the face of untold suffering».
"The fighting has stopped now, but there is a huge task right now. Iraqis build new Iraq. We must all stand ready to support their efforts to build a nation committed to unity and inclusion at all levels and in all regions. Iraq is prepared for major reforms, including in the area of ​​public funding and security sectors. The United Nations system will do its part and stand with you every step of the way. "
He wished all success to the efforts of Prime Minister Haider al-Abadi to build a future free of sectarianism for Iraq. He expressed his gratitude to the Emir of Kuwait for his role in building bridges of understanding and described him as "a reliable mediator and a source of support for countries in the region and around the world."
Saudi Arabia is building Iraq with $ 1.5 billion
15/02/2018
Al-Jubeir during his participation in the conference on reconstruction of Iraq (AFP)
Agencies - Kuwait
Foreign Minister Adel al-Jubeir announced yesterday that the kingdom will allocate 1.5 billion dollars for reconstruction projects in Iraq.
"The Kingdom will allocate 1 billion dollars for reconstruction in Iraq through the Saudi Fund for Development and 500 million dollars to finance Saudi exports to Iraq," Al-Jubair said in a speech at the opening of the Kuwait International Conference for the Reconstruction of Iraq.
On the other hand, the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah said in his speech to the conference that there is cooperation from the international community and the World Bank for the reconstruction of Iraq and pledged not to hesitate to support Yemen and Syria after the return of stability of the two countries, announcing that his country will allocate $ 2 billion, To rebuild Iraq and encourage investment in it.
Sheikh Sabah Al-Ahmad Al-Sabah pointed out that everyone is aware of the extent of the devastation inflicted on Iraq by the terrorist organizations' control of some of its territory and the resulting fighting for these organizations to clean up the Iraqi soil. This is why Iraq must embark on a comprehensive reconstruction of what was destroyed Of infrastructure and other life facilities, a work that Iraq will not be able to address alone, which called on us to appeal to the international community to participate in this work and bear its consequences. An international conference for the reconstruction of Iraq was launched in Kuwait on Monday, calling for an effective contribution to the construction process two months after Baghdad declared the "end of the war" against the "Daqsh" organization after three years of fighting.
World Bank Group President Jim Young Kim reiterated the Bank's commitment to increase funding to help build and rebuild Iraq, stressing that Iraq should thrive to rebuild what was destroyed by the war. d
Qatar offers $ 1 billion to rebuild Iraq

Thursday, February 15, 2018 12:14 AM
Deputy Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman Al-Thani announced that Qatar will provide a $ 1 billion package of loans and investments in Iraq's infrastructure and reconstruction projects, based on its keenness to help the brotherly Iraqi people.

In a speech to the Kuwait International Conference for the Reconstruction of Iraq, HE Sheikh Mohammed bin Abdulrahman al-Thani stressed the importance of His Highness Sheikh Tamim bin Hamad Al Thani, the Emir of the country, And its place in its regional and international environment.
HE Sheikh Mohammed Bin Abdulrahman Al-Thani said: "Our meeting today is held under precise circumstances that call for concerted Arab, regional and international efforts to support efforts to stabilize the brotherly Republic of Iraq, support the government's efforts and its reconstruction program and support the National Development Plans 2018/2022 And 2023/2027, expressing his appreciation for the efforts of the Iraqi government to restore stability, achieve reconciliation and establish civil peace.
Unity of Iraq
The Deputy Prime Minister and Minister of Foreign Affairs affirmed Qatar's keenness to support Iraq and all efforts aimed at guaranteeing its unity and sovereignty, enhancing its security and stability, and building a democratic Iraq with the concerted efforts of all political parties and all components of Iraqi society.
He praised the "sacrifices and courage of the Iraqi people and their armed forces in the great victory they have achieved in their war against the state organization and against terrorism and extremism in all its forms," ​​pointing out that these sacrifices led to the liberation of all Iraqi cities and villages from terrorism.
Historical legacy
He added that what has been achieved «contributes to the enhancement of security and stability in Iraq, regional and international».
His Excellency Sheikh Mohammed bin Abdulrahman Al-Thani said that the reconstruction process in Iraq in light of the current challenges facing it is a responsibility that all the donor countries and regional and international organizations should share with all effectiveness. He noted that Qatar's participation in this conference In continuation of its permanent stand alongside the brotherly Republic of Iraq and its people for the reconstruction of this ancient country.
"Iraq, as you know, is a country with a glorious historical heritage, which has given human civilizations a lot of resources. It has abundant resources and qualified human resources, which makes any development effort give positive and immediate results," he added.
He stressed the commitment of the State of Qatar and its continued efforts to provide its development assistance to sister countries and affected countries, assuming their responsibilities and playing their role as an active partner in the international community based on their firm belief that peace, security and development are interdependent and complementary and that meeting humanitarian and development needs is the gateway. Towards political, security, social and economic stability.
HE Sheikh Mohammed bin Abdul Rahman Al-Thani said that the State of Qatar has provided all levels of humanitarian support to brotherly Iraq through the humanitarian and developmental projects in education and health.

Kuwait and Iraq sign regional corridor agreement

 Khalid Al-Kandari and Emad Al-Shammari during the signing of the agreement- (Qasim Pasha)
The Deputy Chairman of the General Authority for Communications and Information Technology Khalid Al-Kandari and the Director of the Legal Department of the Iraqi Ministry of Communications Imad Al-Shammari signed an agreement on the project of the regional communications corridor.
Al-Kandari said in a press conference on the sidelines of the Kuwait International Conference for the Reconstruction of Iraq that the project is to link the international "cables" between the East and West regions, through the Arabian Gulf and from Kuwait, Iraq and Turkey.
Al-Kandari added that the project will develop the infrastructure of Kuwait and establish a global headquarters in the field of communications in addition to providing many opportunities for employment and investment for international companies. Emad Al-Shammari said that the agreement is working to establish a regional corridor for communications and modern technology in the Middle East through Iraq because of its privileged location.Shammari stressed the interest of the two countries in this project because of its importance in achieving returns and employment opportunities and investment contribute to the development of the two countries.

Continued efforts to strengthen Iraq-US relations

15/2/2018 12:00 am
Iraq and the United States of America have recently taken an important step towards strengthening and strengthening the strategic relations between the two countries, both present and future. This is the step of the arrival of a senior US delegation to Iraq headed by US Deputy Secretary of State John Sullivan, who met with Prime Minister Haider Abadi and the accompanying delegation on December 28, Where he met with a number of senior officials in the country
The visit of the American delegation came as a culmination of the meetings of the Supreme Coordination Committee to activate the work of the Strategic Framework Agreement between Iraq and the United States and to continue meetings and mutual political visits during which they discussed how to develop the political, economic and security relations between the two countries. The war waged by Iraq and its armed forces in all its forms against the organization of the terrorist advocate, or after the elimination of it and the liberation of the areas it occupied from its desecration and the salvation of its people from its terrorism and oppression, A massive destruction caused to the infrastructure and institutions in the areas occupied by , as well as continue to provide expertise and security consulting and in the rebuilding of the armed forces and structure
And training.
The Prime Minister's Office reiterated that the US delegation reiterated its support for Iraq in various fields, especially after the victories Iraq has achieved against the promotion and liberation of its occupied territories and the support of reconstruction and reconstruction efforts, as well as the importance of developing economic relations, attracting investments and providing greater opportunities for work. The US State Department announced in a statement that the visit of John Sullivan and his delegation comes to participate in the meetings of the High Coordination Committee between the two countries. To confirm the importance of this visit to Iraq, a statement by the US Embassy in Baghdad said that the delegation headed by Sullivan is a joint delegation of different agencies to participate in the Higher Coordination Committee to promote a long-term partnership with Iraq and the Iraqi people. Between the United States and Iraq and increase foreign investment to facilitate the reconstruction of Iraq after 14 years of war and fight
Terrorism.
This great importance that the Iraqi and US sides attach to this visit is due to their common desire not only to activate the strategic framework agreement, but also to further develop it and strengthen the basis of this relationship to ensure its consolidation and enhancement in the future better than it has been since it led the United States. The International Coalition to topple the Saddam regime on April 9, 2003 and then followed the development of this relationship, especially after the United States and led the international coalition of more than 60 countries to help Iraq in its war against Dahesh after occupying part of the Iraqi territory in
June 2014.
The desire of Iraq and the United States to develop and strengthen their relations at various levels is due to Iraq's desire to benefit from these relations to achieve national interests, as well as to the desire of the United States to achieve its common interests with Iraq and to expand the framework of its friendly relations with the various countries of the world. But without interfering in its internal affairs, as it seeks
Iraq for that.
Of course, the common interests of Iraq and the United States will form the basis for enhancing their common desire. It is the common interests of all levels and levels: political, economic, security, cultural, touristic and other, which will benefit the two countries and their peoples. Not only by seeking to activate (the strategic framework agreement), including the rules and details in the form on which the relationship is based, but also the development of this agreement by incorporating broader areas of cooperation and coordination between the two countries, The recent visit of the US delegation headed by Deputy Foreign Minister John Sullivan is an important step in this direction, which is believed to be followed by further steps to research. In the development of the relationship between the two countries looking forward to achieve more common interests between them.

UAE contributes $ 6 billion to Iraq reconstruction efforts

The United Arab Emirates (UAE) announced today that Kuwait has pledged $ 6 billion to rebuild Iraq during the Kuwait International Conference for the Reconstruction of Iraq, which ended in Kuwait with pledges of $ 30 billion.
Minister of State for Foreign Affairs Dr. Anwar bin Mohammed Gargash said on his official Twitter page yesterday that the UAE has announced a new support of 500 million dollars to contribute to the international effort to reconstruct Iraq, in addition to the private sector investments in the Rashid camp project And the port of Umm Qasr with $ 5.5 billion.
During his speech at the Kuwait International Conference on the Reconstruction of Iraq, Gargash announced that the UAE will provide a new $ 500 million support to contribute to the international effort to reconstruct Iraq.
He said the support includes $ 250 million through the Abu Dhabi Fund for Development for infrastructure projects, $ 100 million to support UAE companies in electricity sector projects in Iraq, $ 100 million to support and stimulate UAE exports to Iraq, and $ 50 million to support the UAE Red Crescent in its efforts Humanitarian and charitable projects in the areas most affected by the terror «Dahesh». During the conference, which was opened by Kuwait's Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, Iraqi Prime Minister Haider Al-Abbadi and UN Secretary-General Antonio Guterres, Gargash praised the initiative of the State of Kuwait and the great international response to support Iraq and help it defy reconstruction. He stressed the historic support of the UAE to Iraq, including the decision to cancel the seven billion dollars of previous debt in 2008, and a clear political and diplomatic commitment during the past decade.
He pointed to the UAE's prominent role in the alliance against «Daqash», which included financial commitments of 700 million dollars, in addition to 60 million dollars to support the humanitarian situation in the Mosul area.
He pointed out in his presentation to the efforts of the UAE private sector in the reconstruction of Iraq, especially the $ 5 billion development of Al-Rashid Camp, which provides job opportunities and a modern infrastructure in the Iraqi capital. In the development of Umm Qasr Port, estimated at $ 500 million, and other private sector projects.
In its speech, the UAE stressed the importance of the stability and prosperity of Iraq, its main Arab dimension, the necessity of working together and taking advantage of the opportunity to achieve these goals, which is beneficial and positive for the region.
For his part, the Emir of Kuwait announced commitment to allocate one billion dollars loans under the mechanisms of the Kuwait Fund for Arab Economic Development, and one billion dollars to invest in Iraq.
The European Union announced its investment of 400 million euros in humanitarian aid and stabilization in Iraq, after its contribution and the United States, last year, $ 3.5 billion in support of the Iraqi people.
Saudi Arabia has announced $ 1 billion for reconstruction through the Saudi Development Fund, $ 500 million to finance Saudi exports to Iraq, and Turkey has pledged $ 5 billion in loans and credit facilities. The director of the Arab Fund for Development announced reaching a settlement with Iraq, which allows him to benefit from the financing of the Fund by $ 1.5 billion. Finland's trade minister has pledged $ 10 million in demining and Malaysia $ 100,000.
World Bank Group President Jim Young Kim said the bank has increased its commitment to Iraq from $ 600 million in 2016, according to the initiative between the two parties, to $ 4.7 billion at the moment, pointing to its quest to provide greater amounts for economic recovery, To rebuild services and infrastructure for the affected areas of Iraq.
In turn, the Iraqi Prime Minister, in his speech, that his country looks forward to real strategic partnerships and share benefits with everyone.
He added that the Iraqi vision is based on the principle of complementarity and cooperation with the countries of the region to be Iraq «a platform for mutual understanding and a gateway to common interests».
"The international community's commitment to Iraq was clear during the conference," Sheikh Sabah al-Khalid al-Sabah, the Kuwaiti foreign minister, said with a total of $ 30 billion. "This amount has resulted from a broad momentum from the participation of 76 countries and regional and international organizations, 51 development funds and regional and international financial institutions, 107 local, regional and international non-governmental organizations and 1850 private sector representatives." d
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER

FOR TWITTER ACCT

Just send a text message from your cell phone to:
40404 (may have to add 40404 as a contact first) Then send a message that says: Follow @FactsnOpinion1 and you will join their twitter feed and instantly get the doc. You do NOT have to join twitter to get tweets
ONLY SPACE IS AFTER FOLLOW
who are on their computers to go to:
to get to our twitter feed

GLOBAL/NEWS/INFO











A group of global elites met to discuss the future. Their plans didn’t include America.
Vox
Everyone from the prime minister of India to Neil deGrasse Tyson to Robert De Niro was there. Read the full story

Mark Cuban: 'There was blood in the street' — here's the way I'm hedging the market swings
CNBC
The billionaire entrepreneur and investor says he saw the recent stock market swings as a buying opportunity. Read the full story

Melinda Gates: This is the thing I wish everyone knew about Bill
In their 10th Annual Letter, power couple Bill and Melinda Gates tackle a lot of tough topics.

Bill and Melinda Gates: 'No, it's not fair that we have so much'
In their 10th Annual Letter, power couple Bill and Melinda Gates answer the 10 toughest questions they get asked.



OIL/COMMODITIES/ENERGY






Gold is saying: Get ready for upside!
Yahoo Finance
This piece is focused simply on price action and the psychology which shapes it. When we use multiple timeframe analysis, we first consult the longer-term timeframe to develop our overall thesis, and then we drill down to shorter timeframes to develop our plan. Each candle on the chart combines the price action of 10 trading days. Read the full story

Gold Prices Steady as Dollar Trickles Lower
Investing.com
Commodities Feb 13, 2018 18:36 GMT Investing.com – Gold prices hovered above breakeven supported by ongoing dollar weakness ahead of an inflation report which could strengthen the Federal Reserve’s case for more aggressive monetary policy tightening. Gold futures for February delivery on the Comex division of the New York Mercantile Exchange rose by $3.40, or 0.26%, to $1,329.80 a troy ounce. The dollar fell for a second straight day in row pressured by large gains in both the euro and yen, Read the full story
Gold Continues Higher as Dollar Softens Ahead of U.S. Inflation Data
Investing.com
© Reuters. Gold extends recovery to hit 1-week high Read the full story

Oil prices weighed by rise in U.S. oil output, inventories
MarketWatch
Oil prices fell Wednesday on the back of rising U.S. inventories and signs of rapidly increasing crude production. Read the full story

Oil Edges Lower on Bets for Sizable Increase in U.S. Crude Supplies
Investing.com
© Reuters. Oil declines ahead of weekly EIA supply data Read the full story

US crude oil output continues to rise — and there's still a stack of supply sitting on the sidelines
Business Insider
Crude oil sprays from a well bucket as a result of mining processes on December 22, 2008 in Bojonegoro, Indonesia. The Brent crude price has rallied 130% since early 2016, underpinned by strong economic growth and production cuts from OPEC and its allies. US crude production - already close to record-highs - is predicted to lift even further in the years ahead given easy access to new supply. The Commonwealth Bank sees Brent crude falling to $53 by the end of 2018. Even with a recent wobble, Read the full story

Potential gas hike angers truck driver
Fox Business
The White House unveiled its plan to fix America's crumbling infrastructure, proposing $1.5 trillion to $1.7 trillion over the course of the next decade. Read the full story


BANKS/BANKING/CREDIT












HSBC becomes first international bank allowed to remit yuan to China
South China Morning Post
The move is one of several indications that internationalisation of the Chinese currency is picking up pace again Read the full story


Opinion | Deutsche Bank Did Some Bond Lying
Bloomberg
In opaque and illiquid bond markets, if you think that you are getting ripped off by your trader or salesperson, the traditional thing to do is to go complain to her boss. "I do a lot of business with this bank," you say, "and if I find out that your salesperson is lying to me about the markup she is taking, I will put you in the penalty box." And then the boss takes the salesperson aside and says, look, obviously we want to make money, but you are squeezing this client a little too hard, maybe Read the full story

Five Charts That Explain How European Banks Are Dealing With Their Bad-Loan Problem
Bloomberg
For European banks, it’s a headache that just won’t go away: the 944 billion euros ($1.17 trillion) of non-performing loans that’s weighing down their balance sheets. Economists say the pile of past-due and delinquent debt makes it harder for banks to lend more money, hurting their earnings. European authorities are prodding lenders to sell or wind down non-performing credit, but they’re split on how to tackle the issue, and some investors are disappointed by the pace of progress. Read more Read the full story

Here’s where Credit Suisse sees the risk of a bear market for bonds
CNBC
The downtrend in U.S. Treasury yields of the last several years has been broken, though experts disagree on the tipping point for a bear market. Read the full story

Wells Fargo and U.S. Bancorp: Tax Reform and Other Concerns
The Motley Fool
Here’s how the new tax law will impact these banks, and other details investors need to know. Read the full story

Wells Fargo and U.S. Bancorp: Valuation and Profitability
The Motley Fool
Here's a side-by-side comparison of the two largest commercial banks in the U.S. Read the full story

Canadian Securities Exchange launching blockchain-based clearing house, challenging TMX
CBC News
The Canadian Securities Exchange is planning to launch a blockchain-powered platform to clear and settle securities trades, challenging the monopoly long held by TMX Group Inc. and its own ambitions with the technology. Read the full story

What Is a Commercial Bank, and How Does It Make Money?
The Motley Fool
Here's a look at how commercial banks operate and where their revenue comes from. Read the full story

TREASURIES/BONDS/STOCKS




New Hedge-Fund Tax Dodge Triggers Wild Rush Back Into Delaware
Bloomberg
U.S. President Donald Trump with the tax-overhaul bill after singing it into law. Wall Street’s fast-money crowd is returning to well-trodden ground to elude Trump-era tax laws: Delaware. Since late 2017, hedge fund managers have created numerous shell companies in the First State, corporate America’s favorite tax jurisdiction. These limited liability companies share a common goal: dodging new tax rules for carried-interest profits through a bit of deft legal paperwork. Big names appear to be Read the full story
Market on its toes for an inflation report that could change everything
CNBC
Inflation has been the specter looming behind the market correction, and just how much of a threat it is could become more apparent in the CPI report. Read the full story

Mr Bond makes his voice heard
Livemint
The dormant Indian bond market seems to have suddenly sprung into action. Economist Ajay Shah had once wonderfully compared it to a Potemkin village, with computer screens displayed to ignorant visitors. There was very little activity behind the impressive paraphernalia of the trading rooms. Has this changed? Read the full story


Dow Jones Notched 3-Day Winning Streak For First Time in 4-Weeks Ahead of CPI
Investing.com
Stock Markets Feb 13, 2018 21:12 GMT Investing.com – Wall Street closed higher as upbeat earnings from corporates aided the recovery in US stocks from their worst weekly slump in two years ahead of a crucial inflation report. The Dow Jones Industrial Average closed higher at 24640.45. The S&P 500 closed 0.26% higher, while the Nasdaq Composite closed at 7013.51, up 0.45%. Investors cheered better-than-estimated earnings from PepsiCo (NASDAQ:PEP) and Under Armour, with the latter, in particular, Read the full story

Is Your Portfolio Ready To Handle Increased Market Volatility?
Investor's Business Daily
Recent volatility in the stock market may have spooked some investors, but Miracle Mile Advisors has been prepared. Read the full story

The bond market is entering a new era
Business Insider UK
Don't think you can accurately predict inflation. Still, the bond market is pricing in 4 rate increases, which the Fed says will happen in 2018. The correction in equities is a lesson for the bond market. With a steady repricing of global bond markets having contributed to a sharp plunge in global stock markets, there could be a whiff of a new era in the air. Given the failure of both markets and central banks to forecast inflation accurately, we should all be humble about the level of precision Read the full story

This market is ‘nuts’ and ‘very similar’ to 2008, investment manager warns
CNBC
Equity markets are reminiscent of the period leading up to the global financial crash of 2008, one investment manager told CNBC Wednesday. Read the full story

Top 5 Things to Know in the Market on Wednesday
Investing.com
© Reuters. 5 key factors for the markets on Wednesday Read the full story


INSURANCE/HEALTH













These DNA 'Nanobots' Could Help Kill Cancer By Choking Off Its Life Blood
FORTUNE
The cancer treatment space has given way to some extraordinary advances in recent years, including therapies that can re-engineer your own cells to fight cancer. But, according to a paper published in the journal Nature Biotechnology, scientists may be on the cusp of yet another significant milestone—tiny little cancer-killing robots that choke off the blood supply to tumors. Subscribe to Brainstorm Health Daily, our newsletter about the most exciting health innovations. First things first: This Read the full story

A potentially powerful new antibiotic is discovered in dirt
The Washington Post
The world faces an antibiotic crisis. Could sifting through soil bacteria help solve it? Read the full story

Why eating quickly could accelerate weight gain
CBC News
New research suggests when people eat quickly there's less time for the "I'm full" signal to reach the brain, increasing the risk of overeating. Read the full story

AR will change medical care these surprising ways
NBC News
New devices will end ‘historic disconnect’ in doctors's treatment of patients. Read the full story

Two visions for the future of health care are at war in Pittsburgh
The Washington Post
As mergers reshape the hospital field, the city stands as a model — or a cautionary tale. Read the full story


Flu warfare may look different next year
CNN
New ways of preventing and treating the flu are in development, including two new drugs, germ-destroying lamps and air-cleaning technology. Read the full story



CRYPTO'S / DIGITAL CURRENCY













Barely anyone is paying the taxes they owe on their bitcoin gains
CNBC
A tiny fraction of Americans are reporting their cryptocurrency transactions to the Internal Revenue Service, according to a study from Credit Karma Tax. Read the full story


Stocks Up, These Groups Smoke Indexes; Buy This Bitcoin Fund Or Wait?
Investor's Business Daily
Major indexes are up after moderate early losses. Few stocks are breaking out, though. Bitcoin Investment Trust is still well off its peak. Read the full story

Cryptocurrency price manipulation is ‘unavoidable,’ head of crypto firm says
CNBC
Price manipulation in cryptocurrencies will disappear once the market has matured, NEM President Lon Wong said. Read the full story

Bitcoin's Return To $9,000 Halted; Few Americans Reporting Cryptocurrencies On Tax Forms
Investor's Business Daily
Bitcoin halted its rise to $9,000 on Tuesday. Meanwhile, only a handful of people are reporting cryptocurrency transactions to the IRS, Credit Karma says. Read the full story

Thailand Central Bank Urges Banks To Desist From Cryptocurrency
RTTNews
The central Bank of Thailand has asked all banks in the country not to deal with cryptocurrency transactions. An official circular issued by Bank of Thailand [BoT] Governor Wisit Santiprabop prohibits all national banks from engaging in five key cryptocurrency activities: Investing or trading in cryptocurrencies, exchanging cryptocurrencies, creating platforms for cryptocurrency trading. Read the full story


CURRENCIES















Here's Why the U.S. Dollar Is Tanking
Bloomberg
Jens Nordvig, Exante Data chief executive officer and founder, discusses the big moves in currencies with Bloomberg's Scarlet Fu, Joe Weisenthal and Julia Chatterley on "What'd You Miss?" Read the full story
Forex - Dollar Index Hovers at 1-Week Lows With Inflation Data Ahead
Investing.com
Dollar remains under pressure with U.S. data on tap Read the full story

Forex - USD/CAD Moves Higher as Oil Prices Continue to Drop
Investing.com
© Reuters. Greenback gains some ground vs. loonie on declining oil prices Read the full story

Pound to euro exchange rate: Sterling continues to plummet as eurozone grows
Express
THE POUND to euro exchange rate hit a new low yesterday thanks to Brexit uncertainty, experts claimed. The currency has continued to fall today, all while the eurozone flourishes. GBP to EUR sat at €1.124 yesterday. The Post Office is offering €1.0952 today, down from €1.0982 to the pound yesterday. The pound continued to fall yesterday, despite positive inflation data from the UK. Read the full story

Rupee, bond prices gain as inflation softensLivemint
Mumbai: Indian government bond prices and rupee gained on Wednesday on the back of better-than-expected key macroeconomic data. Read the full story

Forex - PBOC Sets Yuan Parity At 6.3428 Against Dollar
Investing.com
© Reuters. Yuan parity Read the full story

Forex - Yen Weakens In Asia As Japan Q4 GDP Misses Expectations
Investing.com
© Reuters. Yen weakens in Asia Read the full story



USA/CANADA















Most important inflation report in a decade could be a dud
CNBC
Inflation has been scaring the markets, and investors have been bracing for a CPI report Wednesday that could send interest rates flying and stocks diving. Read the full story

Trump's Move to End DACA Program Blocked by Second U.S. Judge
Bloomberg
U.S. President Donald Trump’s move to end a program protecting hundreds of thousands of children of undocumented immigrants from deportation was blocked by a federal judge in New York. It’s the second time in less than two months that a U.S. judge found the rescinding of the program as proposed would be wrong. U.S. District Judge Nicholas Garaufis in New York ruled Tuesday that the government hasn’t offered legally adequate reasons for ending the program, known as Deferred Action for Childhood Read the full story

FBI and White House have conflicting timelines on Rob Porter background check
USA TODAY
The White House requested follow-up information on Porter as recently as November before the bureau "closed the file" in January, the FBI chief said. Read the full story

White House reels as FBI director contradicts official claims about alleged abuser
The Washington Post
The controversy has undermined the credibility of Trump’s second chief of staff, John Kelly, as the administration seeks to focus on its agenda. Read the full story

Total US household debt soars to record above $13 trillion
CNBC
Total household debt rose to an all-time high of $13.15 trillion at year-end 2017, according to the Federal Reserve Bank of New York. Read the full story

EMERGING MARKETS










Crusader Resources brings Brazilian gold project to Aim
The Telegraph
A mining company looking to chase gold in Brazil is set to list on London's junior Aim market. Read the full story

Revised Puerto Rico fiscal plan taps federal budget money
Business Insider
FILE PHOTO: Puerto Rico Governor Ricardo Rossello speaks during an interview in New York City Thomson Reuters By Hilary Russ NEW YORK (Reuters) - Puerto Rico Governor Ricardo Rossello released a revised fiscal plan on Tuesday that will use $18 billion of additional money from the U.S. federal budget to transform the bankrupt island's deficit into a $3.4 billion surplus within six years. The injection of new funding from the federal budget, enacted earlier this month, will let the U.S. territory Read the full story

Puerto Rico Needs Your Help for Recovery, But Also for Reform
EcoWatch
From Jan. 28 to Feb. 7 my wife and I were in Vieques, Puerto Rico, helping as best we could with recovery from Hurricane Maria, which hit on Sept. 20, 2017 almost five months ago. Help is very much still needed. I don't think I realized how much that is true until I got home to New Jersey and experienced all of the things I didn't experience during those 10 days: the lights and everything electrical turning on or being on all day and night whenever I need it; a hot, not cold, water shower; not Read the full story

Puerto Rico officials say power back to most after blackout
Insurance News
SAN JUAN, Puerto Rico (AP) — Officials with Puerto Rico's power company said Monday that they have restored power to most customers who were hit by a blackout overnight after a fire at a substation, a setback that added to the U.S. territory's struggle to recover from Hurricane Maria and years of deteriorating infrastructure. Two power plants that were knocked offline by the fire were repaired by dawn, while crews were still trying to repair two substations, power company spokesman Geraldo Read the full story

World Economy Set To Expand In 2018
Emerging Market Views
Global growth contuing to showsigns of strength Read the full story


MIDDLE EAST



Israeli police find 'sufficient evidence' to indict Benjamin Netanyahu
CNN
According to a police report published late Tuesday, authorities found evidence of "accepting bribes, fraud, and breach of trust." Read the full story

Israeli police just recommended indicting Prime Minister Benjamin Netanyahu for corruption
Vox
Trump’s closest Mideast ally could be headed to prison. Read the full story

Banks, energy drag ADX down Wednesday
Mubasher
By: Bedour Al Raee Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange’s (ADX) general index fell 0.25%, or 11.54 points, to close at 4,588.86 points on Wednesday, dragged down by the banks and energy sectors. The ADX’s trading volume nearly … Read the full story

Saudi oil minister confident of cooperation with OPEC
Mubasher
Riyadh – Mubasher: The oil minister of Saudi Arabia, Khalid Al Falih, has expressed his confidence regarding the ongoing cooperation between OPEC and its non-OPEC allies to stabilise the market, according to Reuters. The conference was attended by … Read the full story

Iran's Rouhani seeks Indian investment amid U.S. pressure
Reuters
Iranian President Hassan Rouhani will be seeking billions of dollars of Indian investment during a visit to New Delhi, diplomats said, a trip that comes amid U.S. pressure to review a 2015 international nuclear deal and re-impose sanctions on Iran. Read the full story


AFRICA

Malawi: Construction of U.S.$325,000 Nsanje Boma Market Begins in Earnest
AllAfrica
Nsanje Construction of the Nsanje Boma Market has started after the district council successfully evicted vendors last month who were reluctant to leave on condition that they should be compensated. A visit by Malawi News Agency (Mana) to the K236Million market project on Monday established that the contractor had started clearing the land which is a clear indication that construction works have started in earnest. One of the businessmen, Boniface Antonio told Mana that the business community Read the full story

South Africa: President Zuma Enters His Last Days in Office
AllAfrica
(Photo: GCIS) Cape Town President Jacob Zuma faces a vote of no confidence tabled in Parliament by his own party within days if he does not resign his office. Leaders of the ANC are still hoping to avoid his and the party's “humiliation” by having further talks with him. But the party wants its new leader, Cyril Ramaphosa, to deliver the annual “State of the Nation” address at the formal opening of this year's session of Parliament. This became clear on Tuesday when the party's secretary-general Read the full story

South Africa's Zuma says ruling party hasn't given clear reasons for why he should resign; calls treatment 'unfair'
ABC News
South Africa's Zuma says ruling party hasn't given clear reasons for why he should resign; calls treatment 'unfair' Read the full story

Terrorism challenges in Africa take back seat to other threats
Military Times
Despite increasing activity by the Islamic State and other terror organizations on the African continent, and an expanding mission for U.S. service members deployed there, AFRICOM is likely to remain under-resourced for the foreseeable future. In a hearing before the Senate Select Committee on Intelligence regarding the most worrisome worldwide threats, representatives of U.S. intelligence agencies agreed their top concerns are the ongoing cyber attacks from U.S. adversaries; a potential great Read the full story

One Thing To Consider Before Buying East Africa Metals Inc (CVE:EAM)
Simply Wall St News
If you are looking to invest in East Africa Metals Inc’s (TSXV:EAM), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. Broadly speaking, there are two types of risk you should consider when investing in stocks such as EAM. The first risk to think about is company-specific, which can be diversified away by investing in other companies in order to lower your exposure to one particular stock. The second type is Read the full story




















ASIA






Asia Equities Mixed As Investors Await U.S. CPI, Hang Seng outperforms
Investing.com
© Reuters. Investors await the release of U.S. inflation report later today Read the full story

Asian markets largely quiet ahead of Lunar New Year holiday
MarketWatch
Asia-Pacific stocks were mixed early Wednesday following slight gains in the U.S. overnight. Read the full story

The Japanese yen is soaring
Business Insider
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan January 31, 2017. The Japanese yen is flying in Asia, hitting the highest level against the greenback since November 2016. The USD/JPY currently trades at 107.13, down 0.64% for the session, extending its slide from early January to 5.5%. USD/JPY daily chart "The general point to make about the dollar is that there is now more focus on the 'twin deficits' implications of US tax reform Read the full story





EUROPE
Boris Johnson's Valentine's Day Overture to Brexit Opponents: Be Quiet
Bloomberg

Boris Johnson’s big Brexit speech, billed as a overture to alienated supporters of European Union membership, will instead accuse them of trying to “frustrate the will of the people.” Entitled “A United Kingdom,” the Wednesday morning address was described by the foreign secretary’s staff as an attempt to bring the nation together. But the limited extracts released by Johnson’s office suggest he will open by saying that those who “are becoming ever more determined to stop Brexit” must abandon Read the full story

Ray Dalio Takes Short Bet Against Europe to $14 Billion
Bloomberg

Michael Purves, chief global strategist at Weeden & Co., and Peter Tchir, managing director at Academy Securities, discuss why Ray Dalio and his Bridgewater Associates are now betting against European equities. Read the full story

German cities to trial free public transport to cut pollution
the guardian

Plan to be tested in five cities in effort to meet EU air pollution targets and avoid big fines “Car nation” Germany has surprised neighbours with a radical proposal to reduce road traffic by making public transport free, as Berlin scrambles to meet EU air pollution targets and avoid big fines. The move comes just over two years after Volkswagen’s devastating “dieselgate” emissions cheating scandal unleashed a wave of anger at the auto industry, a keystone of German prosperity. Continue reading. Read the full story

Boris Johnson to Warn U.K. Against Reversing Brexit
The New York Times

The foreign secretary, a leading advocate of a clean break with the European Union, is expected to offer opponents of withdrawal reassuring words but no policy concessions. Read the full story

Stocks - European Markets Open Higher Amid Fresh Earnings, Data Ahead
Investing.com

© Reuters. Frankfurt Stock Exchange Read the full story
d
Blessed and Highly Favored

CBI Update:

The CBI for Thursday 2/15/18 did update on the indicative rates Sell Rate 1184
The currency auction is 198,173,094
There is no news and announcements for Thursday 2/15/18

ISX Update:
Value Traded
1,728,347,397
Shares Traded
1,992,843,384
ISX ended in Red
d



Kauaihn Chatter
d
2-15-2018   Intel Guru Dr. Clarke   Have you figured out WHY we basically said nothing was going to happen BEFORE or DURING the Kuwait Conference...We'll tell you NOW, because now you'll see it, the way we "SEE" it, since we're Now Today, on the other side of it..."The Kuwait Conference was set up a long time ago, just to be used primarily as a "Worldwide Public Advertising Tool", to give Iraq a "Publicly Justified Reason", on a worldwide scale, to FINALLY substantially increase the value of their currency, the Dinar... soon afterward...& JUSTIFY IT.  [post 1 of 3....stay tuned]
2-14-2018   Newshound Guru Kaperoni   Article:  "United Nations: Kuwait Conference stunning proof of the confidence in the government and the people of Iraq"   Quote:  "Iraq is on the right track and the international community has shown its confidence in Iraq, which is very important , a good news  A very good sign.

2-14-2018   Newshound/Intel Guru Mnt Goat
    Some believe they must first reconstruct the cities and allow businesses to come back in. I do not know the answer but if we THINK for a second, we can see that all they really need is to get to a point where they can guarantee that the launching of their new currency will not crash and they can maintain the rate. This is the extent they need. Personally, I believe that if they pulled the trigger today they would be just fine. I am saying this because their overall economy is now much better than prior to 1991 invasion. So could they technically trigger and survive? Yes, I believe they could.  [post 3 of 3]

2-14-2018   Newshound/Intel Guru Mnt Goat    Iraq has had many investment seminars over these 11 years since I have been in this investment. Why is this one so important?  It is important due many reasons: 1) PM Abadi at the helm (political stability)  2) Honest intent to move forward (banking and financial reforms in place)  3) Investment laws in place allowing investors to come in  The investment law and its amendments are yet more pieces to the puzzle and were the banking reforms. So you can see each step they make brings them yet closer and closer to an economy that can grow.  But when will the economy take off?...   [post 2 of 3....stay tuned]

2-14-2018   Newshound/Intel Guru Mnt Goat   Today is the third day of the Donor Conference. So the RV did not happen by Sunday, as expected. The conference has started on Feb 12 and will run until Feb 14th. What next?  I can see we can expect more of the same investment strategy for Iraq. The news now is all about investing in Iraq and part of that investment is the rebuilding of Iraq and moving it to a “market economy” driven by the private sector We must think of the Donor Conference in Iraq as a piece to the puzzle for accomplishing these goals.  [post 1 of 3....stay tuned]

2-14-2018   Intel Guru Bruce    ...Kuwait TV...stated...all the investment opportunities (212) for...that...Rebuilding Iraq...conference...will be essentially backed by the World Bank. The reason that appears the case is because at the time of the start of the conference as far as we know, we hear the Iraqi dinar rate had not been made internationally known.  Iraq who was given permission a few weeks ago to release that rate has not done it yet. We thought it would be done before the conference started.    ...sources...stated that the budget would be put in the Gazette tomorrow [Wednesday]...which would include the rate for the dinar.  We were getting contacts in the US Treasury talking about this going...We know it is in the hands of the banks now because it has been released by the Treasury to do it. I am encouraged because we are finally at the end of the ride. ...All the indicators are very positive...
2-14-2018   Newshound Guru Aggiedad77   Article:  "The House of Representatives concludes reading and discussing the Federal Budget Bill of 2018   In policy February 13, 2018"   WELL LET US SEE WHAT THURSDAY WILL BRING FOR PARLIAMENT...THINK ABOUT IT...THE DAY AFTER THE KW CONFERENCE...SO WILL THIS BUDGET HAVE AN IMPACT ON WHAT WAS DONE AT THE CONFERENCE...IFO...NO... IMO... NO... BUT WE KNOW/SUSPECT HIGHLY WHAT THE FINAL OUTCOME OF THE BUDGET WILL BE...LOADED WITH STARS...PRIMING IRAQ FOR A FRESH NEW START...A START THAT DOES NOT INCLUDE AN ACTIVE WAR AGAINST TERRORISM, BUT INSTEAD A FOCUS TOWARDS THE REBIRTH OF THEIR ECONOMY, THEIR COUNTRY AS A NATION TO BE RECKONED WITH BY THE WORLD...MAYBE THE LION WILL ROAR IN KUWAIT TOMORROW [WEDNESDAY]...IMO IT WAS CERTAINLY AWAKENED THERE TODAY WITH THE GOINGS-ON THAT WE'VE SEEN...OPTIMISTICALLY EXCITED...THAT BE ME...IMO...3...2...1...  d
Elmer:
Not in today
Artmeister:
Dinar Update Wednesday Evening

Summary: Email gremlins are messing with me today. PM edition may have been blocked, or sent twice, and I cannot tell which. If you are missing it, please find it HERE: http://www.ggtrust.com/forums/showthread.php?492-Dinar-Update-Valentines-Day-14-Feb-2018-PM-BLOCKED-EMAIL&p=2818#post2818
Interesting explanation for the delay in the RV of the IQD, by Dr. Charke, until AFTER the Kuwait conference. He says that Iraq has to appear to have tried everything, including the Kuwaiti conference, and then will be able to raise the rate, as a “last chance effort” to save their economy. Makes sense.
Rex Tillerson and the Wash ComPost say that investment in Iraq is critical to avoid Isis’ return. Duh, how about removing McValdemort and his ISIS creating missions? Sounds more important to me!
I hear that high level individuals in the FED have been neutralized, as they have been the once persistently blocking the orders to release the 800#s and the funding. If this is true, we should be seeing release being successful very quickly.
I want to invite you to check out the latest section of my friends’ Phoenix Voyage website, the Energy Challenge! I think you will enjoy it!
Phoenix Voyage is getting ready to be an effective way of bringing new paradigm thinking and technology to children and adults all over the world, including the Third World!
ZIM Info} CAMDOC'S Update Wednesday 

Summary: I expect the funds to be released this week! (Gee, have I said that before?)
News Alerts - RV/INTELLIGENCE ALERT - February 13, 2018
Intel blackout is still in effect. No new developments to report.

No changes with the UN Operational Rates for the 15th.Zimbabwe has until the end of the month to begin redemptions of historic bonds (ZIM notes).

Forex will not be updated until March 1st.

Multiple baskets of currency rates will not change until March and June.

This gives room for the new financial system to be put in place with all revalued asset/gold-backed currency rates.
Continue to watch for events to unfold.
Interesting—the person who prepared the BIG Call notes last night neglected to include the Zim information! Why do you suppose that might have been?
Bruce: We know that when I call Redemption Centers are for those we are going to take in Zim and I call the Exchange Locations for those exchanging the other currencies and not redeeming the Zim. That is where I make that distinction. There is off sites centers and Tier 1 banks. As I mentioned on Thursday call, we have in the vicinity of (7,200) Tier 1 banks that should be exchanging currencies and redeeming Zim, but that will be and that is not just (12) of each brand like we thought a month or two ago. There is a lot more of them available to take them. I personally believe your best opportunity is to take the toll free number, call it, set your appointment, and use the ability you have to personally negotiate your rate should you choose to do that if you choose to get a personal negotiable rate on your Zim within some range. Also dinar, dong and rial.
Bruce: You guys know that I hope no one is still talking about zeros being taken off the Zim. It is a bond, printed on bond paper with bond ink and no zeros are coming off the Zim period. I can’t tell you what the rates are going to be because they vary. Whatever the rates show, they will be extremely strong, and be very good.
Bruce: As far as the dinar, we know the dinar today is in play. I had rates on dinar, dong, Zim on Saturday as of early morning. I don’t believe it is fair to talk about them what they will be on Tuesday. I did hear today the dinar is on the move. That is a good sign. It was really in good shape Saturday morning. To think by now by Tuesday night we will be in good shape on that. Don’t sweat it. That is the least of your concern is the rates. I have to tell you that.
Intel: Disclosure: Supernatural Event Coming Soon
I have never been much interested in “The Event”, as I missed the indoctrination of some TV show. And I don’t put too much faith in people who need to use a voice scrambler to put out their info. But I am familiar with Delores Cannon, who pioneered a DEEP, DEEP method of hypnosis, which seems to pull truth right out of the deepest parts of one’s being.
This woman does similar work to what Delores Cannon did, and shares an hour’s worth of what people’s higher selves have said about the Event/Transition of the earth, apparently to happen early this year! She even goes into how to make it happen faster! http://inteldinarchronicles.blogspot.co.id/2018/02/disclosure-supernatural-event-coming.html?m=1
y
Catnip:

ARTICLE 1 (from PM Abadi's website; all articles posted only on Arabic side, not English side)

>>>Prime Minister Dr. Haidar Al-Abadi receives on the sidelines of the Conference on Iraq Reconstruction in Kuwait Foreign Minister of the Kingdom of Saudi Arabia Mr. Adel Al-Jubeir
14-Feb-2018

>>> Prime Minister Dr. Haidar Al-Abadi meets on the sidelines of the Iraq Reconstruction Conference held in Kuwait Director-General of UNESCO Ms. Audrey Azoulay
14 February 2018

>>> Prime Minister Dr. Haidar al-Abadi meets on the sidelines of the Conference on Iraq Reconstruction in Kuwait Iranian Foreign Minister Mohammad Jawad Zarif
February 14, 2018

>>> Prime Minister Dr. Haidar al-Abadi meets on the sidelines of the Iraq Reconstruction Conference held in Kuwait Deputy Prime Minister Arkady Dvorkovic
14 February 2018

>>> Prime Minister Dr. Haidar Al-Abadi meets with the Prime Minister of Kuwait His Highness Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah
14 February-2018

>>> Prime Minister Dr. Haidar Al - Abadi meets the Amir of the State of Kuwait HH Sheikh Sabah Al - Ahmad Al - Jaber Al - Sabah
14 February - 2018

>>> Speech of the Prime Minister Dr. Haider Al - Abbadi at the Kuwait International Conference for the Reconstruction of Iraq
14 - Feb - 2018

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

The freezing of terrorist funds comes into force in Iraq
2018/2/15 11:40
[Ayna-Baghdad]
The official Iraqi newspaper published the decision of the House of Representatives approved by the Presidency of the Republic to freeze the funds of terrorists, which makes it come into force.
A statement by the Ministry of Justice received the agency of all Iraq [where] a copy of it, "The new issue of the Iraqi fact sheet issued by [4479] and included the decision to freeze the funds of terrorists No. 1 of 2018, and a number of presidential decrees in addition to the instructions to implement the work in the manner of Secretariat No. 1 of 2018, and the establishment of the General Company for Air Navigation Services. "
"The new number included a decision to freeze the funds of terrorists No. 1 of 2018, and included a series of special presidential decrees to refer a number of ambassadors to retirement," the statement quoted the director general of the Iraqi Affairs Department, Shatha Abdul Malik, as saying.
"The new number also included instructions to implement the implementation of the implementation of the Secretariat No. 1 of 2018 and a special statement on the establishment of the General Company for Air Navigation Services."

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

Washington renews its pledge to eliminate a final threat in Iraq

WASHINGTON, Feb 14 (AFP) - The United States pledged Wednesday to abolish an organization that is calling for a final settlement in Iraq.
"In order to achieve the complete and permanent defeat of an eventual organization, the international coalition will completely eliminate a regional threat in Iraq and Syria," the State Department said in a statement.
"The international coalition will work to stabilize the liberated societies in a comprehensive way," the State Department said in a statement. Finished

***************
ARTICLE 4-A

Billions of dollars from the world to rebuild Iraq

KUWAIT, Feb 14 (KUNA) - At the end of the International Conference for the Reconstruction of Iraq held in Kuwait over the past three days, Iraq received a number of ministers and officials from around the world on pledges from international donors worth 30 billion US dollars, Deputy Prime Minister and Foreign Minister of Kuwait Sabah Khalid Al-Hamad Al-Sabah.
Al-Sabah said in his closing speech on the conference that "all the work of the Iraq reconstruction conference was successful and we declare the conference closed." He said that "the rich interventions and the valuable contributions of all the participants in all the meetings reflected clearly the commitment of the international community to ensure the establishment of a secure and stable future. Brotherly Iraq ".
"The participation of 76 countries, regional and international organizations, 51 development funds, regional and international financial institutions, 107 local, regional and international non-governmental organizations and 1,850 private sector representatives," he said, revealing that "this momentum of investment and development partnerships Reconstruction of Iraq amounted to 30 billion US dollars. The pledges were made by senior officials from Kuwait, Qatar, Saudi Arabia, Turkey, Europe and other countries, who have announced lines of credit, loans and direct investments in the billions of dollars to contribute to the reconstruction of Iraq.
The Amir of the State of Kuwait, Sabah Al-Ahmad Al-Sabah, announced that his country will provide Iraq with two billion dollars in the form of loans and investment, where it will invest one billion dollars as an investment to contribute to the reconstruction of the neighboring country and another $ 1 billion in the form of a loan. Sabah said the Kuwaiti contribution comes "out of its commitment to supporting the brothers in Iraq."
Qatar, according to Qatari Foreign Minister Sheikh Mohammed bin Abdul Rahman al-Thani, has pledged to "support reconstruction and provide a package of loans and investments to Iraq with a billion dollars."
On the sidelines of the donor conference in Kuwait, the minister said his country is committed to supporting reconstruction in Iraq, stressing that Qatar's efforts will focus on infrastructure projects.
For its part, Saudi Arabia, according to the Minister of Foreign Affairs Adel Al-Jubeir, that "the Kingdom allocates 1.5 billion dollars for projects for the reconstruction of Iraq and the financing of Saudi exports to him." While the UAE pledged $ 500 million for the reconstruction of Iraq.
The bank, which is the largest development organization in the Islamic world, is ready to finance Iraq's infrastructure by 500 million dollars, the head of the Islamic Development Bank, Ahmed Mohammed Ali al-Madani, said Wednesday.
Meanwhile, Turkish Foreign Minister Mouloud Gaooshoglu announced that his country would "provide 5 billion dollars of credit lines to Iraq." While Germany said it would "provide assistance to Iraq worth 350 million euros (equivalent to 432 million dollars) in 2018."
Britain pledged up to $ 1 billion a year to Iraq in the form of export credit for 10 years. Japan said it would contribute $ 100 million this year to Iraq through UN agencies and international organizations.
The European Union has pledged to invest some 400 million euros ($ 493 million). EU High Representative for Foreign, Political and Security Affairs and European Commission Vice President Federica Mugherini announced that the EU will invest 400 million euros in humanitarian aid and stabilize Iraq.
Giorgio Marabudi, director general of development cooperation in Italy, said today that his country would provide easy loans of 260 million euros ($ 321 million) to Iraq, as well as $ 6.5 million in grants and humanitarian assistance of five million dollars.
The Arab Fund for Development also pledged about $ 1.5 billion in loans.For his part, UN Secretary-General Antonio Guterres, said that the conflict in Iraq caused a lot of destruction, stressing the support of the United Nations through its plans for reconstruction. In his speech, Guterres congratulated the Iraqi government on its victory over a supporter of Iraq, calling on it to secure a non-sectarian future for Iraq. Finished

***************
ARTICLE 4-B

The Islamic Development Bank (IDB) is financing Iraq with $ 500 million
2018/2/15 13:14
[Where - Continue]
The bank, the largest Islamic development organization in the Islamic world, is ready to finance Iraq's infrastructure for $ 500 million, the head of the Islamic Development Bank, Bandar Hajjar, said Thursday.
Kuwait's donors and investors met this week to discuss efforts to rebuild Iraq's economy and infrastructure. The countries and organizations participating in the conference pledged $ 29.6 billion
***************
ARTICLE 4-C

The Cabinet will hold a meeting today and discuss the results of the Kuwait Conference
2018/2/15 12:42
[Ayna-Baghdad]
The Council of Ministers will hold a regular session on Thursday chaired by Prime Minister Haider Abadi.
A source familiar with the agency of all Iraq [where] that "the Council of Ministers will discuss the results of the Kuwait Conference held this week."
The Kuwait International Conference for the Reconstruction of Iraq, which was held from February 12 to 14, resulted in the collection of pledges and investments, loans and grants totaling 29.6 billion dollars, a third of Iraq's reconstruction needs estimated at 88 billion dollars.

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

Added arrest for Daish south of Baquba during security operation

DIALA, Feb 14 (KUNA) - Diyala provincial police command announced on Wednesday an additional seizure of a "Daash" organization in a security operation in southern Baquba.
The command said in a statement that "a joint security force from the Buhraz police force, the seventh and typical Diyala emergency regiment, the riot police and the explosives and communications department in Diyala police carried out a security operation to raze and search areas south of Buhraz and Kanaan (15 km south of Baquba) Khalil, Beni Zaid, the Bejat and the fox hill. "
The command added that "the operation resulted in the destruction of the addition of the elements of terrorist gangs containing a generator and four solar cells and 14 battery bombs and food and equipment in addition to the treatment of three packages on the road leading to it." Finished
*************
ARTICLE 6

UN expert: Demining of Mosul needs 10 years to multiply
2018/2/15 8:42 • 148 times read
[Where - Continue]
A UN demining expert said unexploded ordnance would remain in Mosul for a decade, endangering one million civilians or more who want to return to their homeland after the end of a three-year occupation of the city.
The destruction of Mosul has left an estimated 11 million tonnes of debris and two thirds of the explosive materials are believed to be buried in rubble, said Per Ludhammer, program director at the United Nations Mine Action Service (UNMAS).
"Our estimate is that the clearance of western Mosul will take more than a decade," he told a news conference in Geneva. "The density and complexity of the explosive material will not allow this clearance to be completed within months or even years."
"We see munitions dropped from the air, bombs weighing [one] 500 pounds dropped, penetrating the ground for a distance of 15 meters or more, just take one of them take days and sometimes weeks."
Last year, the United Nations Mine Action Service removed 45,000 explosive ordnance and 750 improvised explosive devices throughout Iraq, including more than 25,000 in western Mosul alone.
Other areas such as Fallujah and Sinjar also need more support for demining efforts.
Last week, deminers discovered a factory for the production of improvised explosive devices (IEDs), with a large amount of mortars, artillery shells, grenades, rockets and 250,000 electronic components. "It looked like a cyclone hit an electronics store," Ludhamer said.
The removal of buildings such as the main hospital in western Mosul, which he had previously adopted, was vital to restore services to the citizens.
"We have removed more than 2,500 explosive materials, from explosive belts to rocket-propelled grenades, mortars and hand grenades," said Ludhammer. "Say what you want, all of it was there."
At the Supreme Court in Mosul there were 44 suitcases and explosive belts, nine improvised explosive devices ready for detonation, 64 pieces of improvised explosive devices, 231 mortars, 48 ​​rockets, 72 improvised explosive devices, 220 grenades and 109 grenades.
After all that was done, piles of real estate documents were found, such as in support of returning citizens seeking legal ownership of their homes.
The manufacture of most improvised explosive devices was based on readily available components such as fertilizers, aluminum and diesel powder, and mine prevention valves.
The charges were placed at home or at regular intervals in belts up to 10 kilometers long, with an explosive charge planted every two meters, each containing between 10 and 20 kg of improvised explosive devices.
Some were so complex that they contained infrared sensors or armor-piercing charges.
"Initial explosive charges are nothing new," Ludhamer said. "The new is how complex, densely populated, and they are. They have manufactured munitions and IEDs on an industrial scale. This is new, and they are also manufacturing conventional munitions."

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

Parliament resumes next Saturday
2018/2/15 13:13

*************
dd

Highlights of TNT Conference Call :
Cliff Notes by Sunny  WEDNESDAY, FEBRUARY 14, 2018  
Tony: Gooooooood Morning TNT! It's a great day!
Ray: . . .Spin off from info I shared with you yesterday (above). Idaho posted from the chat room. Some we did not get a chance to privately confirm. First shared . . . unconfirmed rates coming in. (see above) .. . spread or range of values. . . (Ray shared the same info as above in the Tuesday chat post update)
That signing was probably a renewing of something. We gave it to you as we received it. Will build from that today. Tony?
Tony: Yes, the rate came out. Yes, during the conference they were explaining the rate . . . to people investing in Iraq. None of it is official cause it's not on Forex. . . Nobody is going to pledge any money until they know what the rate is going to be . . . and it goes into effect.
Exchange center personnel: Tony: Not in place yet. Not called in. Not sitting at their desks. Did designate more tellers. Tellers notified all across the country. Four or five different states have reported they did receive the memo. Started on Monday putting everyone in place . . . to do foreign currency exchanges for the next several weeks.
1 million exchanged amount and below you will go right to the teller and the teller will complete the exchange. Teller's not negotiating on anything. They are not authorized to do that. . . all tellers will be two lines and two tellers at the window. First come, first served. Multiple family members can each exchange up to $1 million such has husband and wife, children, uncle, cousins. Cannot get a cashier's check while at this teller. Another bank person will handle that for you.
Between $1 million and $10 million exchanged amounts you will go right to a private banker. *** Appointments made on a first come, first served basis. . . .Partial exchange here if you are exchanging over $10 million at an appointment. . . Can do up to a million with a teller.
$10 million (exchanged amount) and above call the 800 # for an appointment with a wealth manager.
CALCULATION OF THE AMOUNT IS BASED ON EXCHANGE RATES: EX: You have 8 million Dong and the rate is $1.50 then you are in the over $10 million category. . . .
Also, you can lump all of your currencies together when calculating your amount. EX: You have 5 million Dong at $1.50 exchange rate and 2 million Dinar at a $4.00 exchange rate. Your total exchanged amount would come to over $10 million so you can call for an appointment.
If you don't have an account at the bank you go to they will open one for you.
Here is the crazy part about all of that - it doesn't make sense to me. They are inviting chaos and problems and telling you guys don't buy into it. Told military reserve units have been put on standby just in case there is a problem. Put on standby Monday night. . . based on something they did to create the problem.
They think there are less than a million people out there with Dinar. I know four years ago it was 6 million with dinar and I saying there are 7 -8 million right now. And then most people have given others dinar. . . Problem is going to be everybody walking in and see those lines at the teller . . . cars in the parking lot . . . lining up at the bank at 6 am in the morning so they can be first.
Ray: Who is "they" just for clarification?
Tony: They supposedly are the younger bank executives who have come on recently and want to change procedures. If each one of those 8 million holders gave just 3 people dinar now we are talking about 24 million people with dinar. . . tripled the number of people not just making appointments but are walking into that line on a first come, first served basis.
Everybody will get paid sooner or later. Cause any conflict it will take that much longer to get paid.
Dong low will be $1.47. Told all the rates were off by .50.
This coming Monday is a Federal holiday.
Ray: Since the military or national guard is being put on standby so those guys planning on buses better make a change of plans! (lots of laughter).
CURRENT WINDOW: Tony: I think it's going to happen over the weekend based on all the information we have and because it makes sense to happen over the weekend.
Tony: Nobody knows exactly what moment in time it's going to happen. We do know it's going to happen. Sooner rather than later.
Iraq: Tony on Kuwait Conference: $60 billion pledged already. . . They announced to the investors yesterday, this is the rate.
  • Budget: Supposed to be agreed on several times. Supposed to be in the Gazette but not seen yet. Looking now to the Saturday issue of the Gazette. Tony: People laying this out say they don't care what the budget does. We are getting this going and the RV will go through regardless. Other people say they don't see it happening without the budget. People are mad at Abadi because he will not give the Kurd's' the 17% they have been getting for years. IMF and US telling Iraq to get the budget done. Now saying they've worked out a deal at 14% with another side offerin there but we are not seeing it in the Gazette. This morning saying it's all smoke and mirrors, that the budget is done. They don't want you to know what is going on so they can just put it out there. Nobody knows exactly what moment in time it's going to happen. We do know it's going to happen. Sooner rather than later.
  • CBI Lower Denom's:
  • Parliament
  • TV / Mosques
INTERNATIONAL:
  • IMF: Has the list of people to receive the 800 numbers Tony:The IMF sent it out to the 16 regions and that's what they anticipated it happening Monday night Tuesday morning. They said, "get it done now" which is why we don't have to wait on the budget or anything elseThat's why it should have gone and it didn't. that was the 3rd requestThe bank said they could not let it go until the US Treasury authorized it.
  • World Bank guaranteeing Iraq Investment Tony Because the people still don't have full confidence in Iraq because of what is going on with Kurdistan, budget and Maliki. . . Somebody had to give the investors the confidence to come and do it.
  • Kuwait Conference: $60 billion pledged already. Tony announced to the investors yesterday,what the rate is going to be and when they could look for it.
  • Currencies: ZIM: Tony: Go with the .11 to .22. If anything more than the just be ecstatic.
  • Dong: Tony: we got from Treasury person, $1.95 -$4 something. Somebody else said $1.47 more likely to happen. No rates showing at the banks now.
United States: Tony: Our currency is our currency and backed by US. Every country involved in this is Basel III certified or they will not be involved.
  • UST:
  • Banks five different times the banks expected it to go and it did not. Tier Two Interest rates Tony: The average banker is not going to know about it. A monthly rate instead of a yearly rate like everybody else. 1-4% a week. Those are platforms you have to be invited into. Qualify and invited. Donald Trump is a billionaire . . . he tried to buy an NFL team. He had the money but he did not have an invitation. . . Just because you have the money you still have to have the invitation. Or the good old boy network - because that is what it is - somebody to sponsor you into that. The bank will look at it and decide if they want you. It's their choice. If you have enough money they will offer you a pre-trial - another opportunity to qualify. It's a two year process to see if you even qualify and once you pass that then they will say, Okay. Very few people are going to do it.
  • Military Bases Every base will exchange when the time come
  • Tax Treaty: Tony: We were told not to mention the name of it. For some reason it is still classified.
  • 800 #'s: Tony and Ray were waiting on them and did not receive them. Tony: Now discussing the banks have their own websites where they will post the 800's. That's the information we are waiting on today.
  • Tax Attorney: Ray: I don't think you need a tax attorney until you get into a tax problem. . . FYI to have a tax professional. Tony: We know it's going to happen. I'd already be asking that person question. Find out before you go to your appointment.
  • Groups who have contracts with China - there contract is a purchase agreement and not an exchange. There tax is written in at 11%.
To get TNT Texts: Send a text message to 40404. The message should say exactly: FOLLOW THE@THE_TNT_TEAM
EXCHANGING: Ray: . . .when exchanging remember "lost opportunity." . . . the difference .10 can make. You exchange . . . and then the rate goes up . . .
Request an Appointment: Tony: They need to ask you how much of each currency you have. Regardless of what you have you can exchange whatever you want of a million or below. At your appointment you can do half then and half next week, next month or whatever. . . Thirty minutes per appointment to exchange.
VERIFICATION: Make sure before you leave the bank it has been accepted as verified so when you leave they cannot come back a few days later and say your currency was not valid.
ZIM Information:
At a .10 rate a 100 trillion note will exchange out at $10 million.
Basic ZIM information given on TNT calls is compiled at the “ZIM 101 Comprehensive” thread at:
Q & A: TNT Forum
Q. - Under $1 million go to any WF or one that does foreign currency? Ray: Pick one that does foreign currency.
Q. - Bank of London still the best insurance to guard against default or bank failure?? Tony: Youll need to ask the bank of financial institution how best to protect it Q. - Can mother and son go at the same time or make separate appointments? Tony: I think separate.
Q and A: Callers
Q. - I'm going to exchange at two different banks in two different states and then talk to a wealth manager and I don't want to exchange for less for the bulk of it than I did at the first bank. Tony: Your going to get whatever the rate is that day. . . If your at BOA on Monday in Florida and then go to BOA later they can look at your account. If your at a different bank they are not going to know (what rate you exchanged at) as banks don't share information like that.
Q. - How can we protect ourselves against the bank coming back to us and saying the currency was not valid? Tony: I don't see that going on - them saying your currency was phony. Right there at the bank during the exchange they either agree with you or put it on hold right then. They are supposed to take your currency - two of them, put it in a plastic bag and sign off on it so it's known that it is your currency.
CLOSING STATEMENT’S:
Tony: . . .Tony: I think it's going to happen over the weekend based on all the information we have and because it makes sense to happen over the weekend.
Tony: Nobody knows exactly what moment in time it's going to happen. We do know it's going to happen. Sooner rather than later.

No comments:

Post a Comment