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URGENT The President of the Republic approves the law of the Iraqi National Oil Company
Release date: 2018/3/25 12:53 • 92 times scheduled
(Baghdad: Al-Furat News) The Information Office of the Presidency of the Republic announced that President Fuad Masoum Sadiq on Sunday, the law of the Iraqi National Oil Company.
A statement issued by the presidential office received the agency {Euphrates News} a copy of it, "This law, which was voted by the House of Representatives earlier, on the basis of the provisions of item {I} of Article {61} and Article (III) of Article {73} of the Constitution" .
He added that the law "for the purpose of ensuring the exploration, development, production and marketing of oil resources in the fields and land allocated to them under the law on behalf of the Iraqi state and to increase production and development of oil and gas industry and related facilities and facilities and methods of work on the basis of efficiency, flexibility and competitiveness to maximize revenues for the benefit of the Iraqi people, Which requires the formation of the Iraqi National Oil Company as a public company wholly owned by the state and reflects the concept of ownership of the people of oil and gas and the development of specialized formations within its organizational structure commensurate with its role in the management and development Oil and gas fields produced and discovered to promote the oil and gas industry and the development of various other energy sectors in Iraq. The statement added that "this law was sent for publication in the Official Gazette.
He added that the law "for the purpose of ensuring the exploration, development, production and marketing of oil resources in the fields and land allocated to them under the law on behalf of the Iraqi state and to increase production and development of oil and gas industry and related facilities and facilities and methods of work on the basis of efficiency, flexibility and competitiveness to maximize revenues for the benefit of the Iraqi people, Which requires the formation of the Iraqi National Oil Company as a public company wholly owned by the state and reflects the concept of ownership of the people of oil and gas and the development of specialized formations within its organizational structure commensurate with its role in the management and development Oil and gas fields produced and discovered to promote the oil and gas industry and the development of various other energy sectors in Iraq. The statement added that "this law was sent for publication in the Official Gazette.
Distribution of salaries of employees of Kurdistan Region
Khandan -
The Ministry of Finance in the Kurdistan Regional Government on Saturday, a new schedule for the payment of salaries for the month of November of 2017.
According to the new schedule will be distributed salaries of ministries as follows:
First: Sunday 25/3/2018 Distribution of salaries:
1_ Ministry of Higher Education and Scientific Research
Ministry of Justice
3_ Judicial Council
Ministry of Labor and Social Affairs
5_ Social welfare
6_ Ministry of Planning
7_ Ministry of Natural Resources
8_ Ministry of Transport and Communications
9_ Ministry of Construction and Housing
Ministry of Industry and Trade
11_ Council of Asayish
Second: Monday 26/3/2018:
Ministry of Electricity
2_ Mine Foundation
3_ Financial Control Bureau
4. Human Rights Commission
5_ Areas outside the administration of the region
6_ Environment Agency
Investment Authority
8_ Integrity Commission
9_ Electoral Commission and the referendum
10_ Ministry of Agriculture and Water Resources
11_ Ministry of Culture and Youth
12_ Ministry of Awqaf and Religious Affairs
13_ Foundation Asayish
14_ Presidency of the Territory
15_ Parliament
16_ Council of Ministers
Third: Tuesday, 27 March 2018:
1_ leadership of Peshmerga Zirvani and Peshmerga defense and emergency
2_ Oil brigade
Fourth: Wednesday 28/3/2018:
Forces (70) and (80)
V. Thursday, 29 March 2018:
Office of the Ministry of Peshmerga
The Ministry of Finance in the Kurdistan Regional Government on Saturday, a new schedule for the payment of salaries for the month of November of 2017.
According to the new schedule will be distributed salaries of ministries as follows:
First: Sunday 25/3/2018 Distribution of salaries:
1_ Ministry of Higher Education and Scientific Research
Ministry of Justice
3_ Judicial Council
Ministry of Labor and Social Affairs
5_ Social welfare
6_ Ministry of Planning
7_ Ministry of Natural Resources
8_ Ministry of Transport and Communications
9_ Ministry of Construction and Housing
Ministry of Industry and Trade
11_ Council of Asayish
Second: Monday 26/3/2018:
Ministry of Electricity
2_ Mine Foundation
3_ Financial Control Bureau
4. Human Rights Commission
5_ Areas outside the administration of the region
6_ Environment Agency
Investment Authority
8_ Integrity Commission
9_ Electoral Commission and the referendum
10_ Ministry of Agriculture and Water Resources
11_ Ministry of Culture and Youth
12_ Ministry of Awqaf and Religious Affairs
13_ Foundation Asayish
14_ Presidency of the Territory
15_ Parliament
16_ Council of Ministers
Third: Tuesday, 27 March 2018:
1_ leadership of Peshmerga Zirvani and Peshmerga defense and emergency
2_ Oil brigade
Fourth: Wednesday 28/3/2018:
Forces (70) and (80)
V. Thursday, 29 March 2018:
Office of the Ministry of Peshmerga
Government of Kurdistan announces a new schedule for the distribution of salaries of 31 ministries and the bodies for the month of November
2018/03/25
Click on link below to see the article since it cannot be copied and pasted. from the News Agency Baghdad Today.
Baghdad today
Public Pension denies annulment of pensions and end of service
24-03-2018 05:01 PM
The Euphrates -
The General Retirement Authority on Saturday denied the publication of some social networking sites on the cancellation of pensions and end of service benefits.
"This is not true and we hope that it will not be circulated," he said in a statement. "One of the bad people wrote the above and attributed it to the government for the purpose of provoking public opinion against it for political reasons. Explaining that the pension benefits are prescribed by law, noting that the preparation for the payment of the end of service bonus is currently being prepared for the sixth meal according to sequence and seniority.
The statement added that the rest of the meals will be disbursed upon approval of the budget and the proceeds of financial funding.
"This is not true and we hope that it will not be circulated," he said in a statement. "One of the bad people wrote the above and attributed it to the government for the purpose of provoking public opinion against it for political reasons. Explaining that the pension benefits are prescribed by law, noting that the preparation for the payment of the end of service bonus is currently being prepared for the sixth meal according to sequence and seniority.
The statement added that the rest of the meals will be disbursed upon approval of the budget and the proceeds of financial funding.
Special training courses for Zain Islamic Bank for Investment and Finance
(Independent) .. Within the plan to develop the bank of Zain Islamic Iraq comprehensive to develop its services and the introduction of modern systems according to the standards of the Central Bank of Iraq, a wide selection of employees of the Bank participated in various external and internal courses.
Topics included corporate governance, banking awareness and public protection, the inbound and outbound bank remittance cycle, and the credit information exchange session held at the Central Bank of Iraq Studies and Research Department.
The external participants were in the anti-money laundering program, the US tax compliance law, electronic banking transactions, and the law against bank information security crimes organized by the Central Bank of Iraq and located in Jordan.
The bank confirmed the continuation of courses for employees on the bank's comprehensive banking system in Lebanon for the purpose of upgrading the level of working cadres and keeping pace with the banking development in accordance with high quality standards.
He added that under the terms of the agreement of the Bank of Zain Islamic Iraq for investment and finance with IQDC consulting for the international quality system ISO (ISO 9001: 2015) to obtain the international quality certificate ISO has been completed the second cycle of the ISO certification cycle (building documents and documents and design quality system in accordance with the standard ISO10013 ).
Zain to open new service center in Diyala
(Independent) .. As part of its strategy to serve subscribers and translation of the objectives of the company, which is keen to be close to its subscribers wherever they are in Iraq, and to provide their needs and requirements through the expansion of the network of service centers, Zain Iraq, In the Middle East and North Africa (MENA), a new service center in Diyala - Khirisan near the town's intersection adjacent to the Housing Fund.
"The Diyala Customer Service Center, which was opened, underscores our commitment to connect with our customers wherever they are. We are always keen to provide the services provided by Zain Iraq to the subscribers of the shipping cards and lines so that they can stay in contact with the world. Because our interests are focused on our customers, we are constantly implementing this culture in all our steps, from planning to opening up centers for sale and service, by providing them with the best and fastest services. The new center will allow us to meet and meet their needs. "
This step comes in the context of Zain's efforts to reach out to its subscribers in all governorates of Iraq through a wide network of service centers and points of sale to meet their needs in the best and fastest way. The center will allow its customers to purchase and replace lines, recharge cards and bill payments, as well as communicate directly with Zain Iraq employees.
Zain Iraq is one of the most technologically advanced companies in Iraq. It is constantly looking for how to bring the latest technological solutions to its subscribers. The company also seeks to reach all segments of society and cover the entire provinces in Iraq, through its various centers and points of sale to ensure the provision of better and faster service.
Iraq: a large-scale military operation in Diyala province
BAGHDAD (Reuters) - Iraqi forces launched a large-scale military operation in northeastern Diyala province, 60 kilometers (60 miles) east of Baghdad, on Sunday to hunt down members of the Da'ash organization after four civilians were killed in an armed attack late on Sunday, a security source said.
The captain of Diyala police Habib al-Shammari of Anatolia, that 'unknown gunmen are likely to be affiliated to the Da'ash organization yesterday killed a family of 4 people on the outskirts of the Saadiyah northeast of Diyala (east),' pointing out that 'a doctor working in the Department of Health Diyala from Dead '.
Al-Shammari said that "Iraqi security forces began today after the incident launched a large-scale military operation to hunt down elements of an organization in the region after the terrorist operations of the cells of the organization began to escalate recently."
Iraqi military leaders say the terrorist group is increasingly dependent on the guerrilla-style blasts it used to attack before it invaded the north and west of the country in 2014.
Kauaihn Iraq Articles:dd
The World Bank is providing $ 750 million for the rehabilitation of three major bridges in Mosul
25-3-2018
The World Bank announced on Sunday that it has provided 750 million dollars to support the Iraqi government in the rehabilitation and reconstruction of destroyed bridges in the city of Mosul.
"Building confidence and encouraging displaced people to return to the liberated areas of Nineveh, specifically to Mosul, the World Bank has supported the rehabilitation of three main bridges in Mosul: the First Iron Bridge, the Mosul 4 Bridge and the Muthanna II Bridge," the bank said in a statement. The $ 750 million emergency development project. "
"Cooperation between the World Bank and the Ministry of Construction, Housing, Municipalities and Public Works to rehabilitate the three bridges is part of an expanded plan to rehabilitate 14 damaged bridges in the liberated areas, which will be completed by 2020," he added.
Noting that "the agreement on the selection of the three bridges came as a result of consultations between the Government of Iraq, Nineveh province, the World Bank and the Fund for the reconstruction of areas affected by terrorist attacks."
"More than one million Iraqi citizens will benefit from the renovation and rehabilitation of the three bridges in Mosul. "As a result of the rehabilitation work, the sons of Mosul will be able to re-establish contact between the city and the rest of the city and facilitate the movement of the people," he said.
OPEC: Acceleration of the return of balance to the oil market
March 25, 2018
Baghdad - Agencies
The Organization of Petroleum Exporting Countries (OPEC) said that the declaration of cooperation between producers is continuing and radically transforms the international oil industry, pointing out that the countries participating in the declaration proved that they are working in the framework of concerted efforts, and reiterates time and again its dedication to accelerate rebalancing the markets.
"The outstanding performance of the producers in the joint cooperation agreement has been witnessed by a wide range of stakeholders in the energy market, including producers and consumers as well as the global economy," said a recent report by the World Health Organization (WHO), stressing the importance of the next meeting of the five-member ministerial committee on monitoring and follow- The city of Jeddah in April next. "
The OPEC report expected the meeting to reveal more data and positive statistics that support the process of joint cooperation of producers and accelerate the restoration of balance in the oil market.
The report noted that the OPEC countries and independents in the joint agreement set a new record of compliance in February, with voluntary production adjustments continuing, thus achieving a level of 138 percent, according to the data of the Joint Ministerial Monitoring Committee.
Last month saw a good advance in the market's rapid rebalancing track in recent months, with OECD trade inventories dropping by 852.5 million, leading to further reductions in global oil stocksd
Jordanian delegation to visit Baghdad early next month
Baghdad - Journal News
A senior Jordanian delegation will visit Baghdad early next month as part of the activities of the friendship committees between Iraq and Jordan.
The Chairman of the Foreign Relations Committee in the House of Representatives Abdul Bari Zebari in a press statement "more openness in the coming years with Jordan," noting that "Baghdad has opened a new page of relations with all countries, in order to achieve the highest degrees of benefit from these relations in the field of Investment and reconstruction ".
"The Jordanian-Iraqi Friendship Committee, headed by Ahmed Pasha Al-Lozi, who was Jordan's first ambassador to Iraq after 2003, will visit Baghdad early next month to enhance cooperation in various fields," he said.
"Ambassador Montaser Okla Zoubi will present his credentials to the Minister of Foreign Affairs in the next few days as an Extraordinary Ambassador, a highly respected Jordanian economic figure with his government and ambassador to Belgium and head of the Jordan Investment Authority."
"The Jordanian-Iraqi Friendship Committee, headed by Ahmed Pasha Al-Lozi, who was Jordan's first ambassador to Iraq after 2003, will visit Baghdad early next month to enhance cooperation in various fields," he said.
"Ambassador Montaser Okla Zoubi will present his credentials to the Minister of Foreign Affairs in the next few days as an Extraordinary Ambassador, a highly respected Jordanian economic figure with his government and ambassador to Belgium and head of the Jordan Investment Authority."
Newspaper: An American company will protect Jordanian trucks inside Iraq at $ 170 per wheel
Sunday, March 25,
Alsumaria News / Baghdad
Al-Arabi newspaper reported Sunday that a US security company will protect Jordanian trucks inside Iraq, adding that this will cost the truck $ 170.
Alsumaria News / Baghdad
Al-Arabi newspaper reported Sunday that a US security company will protect Jordanian trucks inside Iraq, adding that this will cost the truck $ 170.
The newspaper quoted a security source as saying that "the US security company will take over the protection of Jordanian trucks heading to Iraq, along the road leading to the capital Baghdad," noting that "Jordan and Iraq ended the security arrangements to resume the movement of land freight between the two countries."
He added that "it was agreed with the company to reduce the cost of protecting trucks to $ 170 instead of $ 300 per truck, in exchange for providing security protection along the road leading to Baghdad," according to the same source.
Jordan recently allowed Jordanian trucks to enter Iraq, allowing Iraqi trucks loaded with goods to enter its territory directly and reload cargo.
The source said that "next week will address the Iraqi embassy in Amman to obtain visas for two hundred Jordanian drivers and their trucks to enter Iraq for the purpose of transporting goods in both directions, and that the issuance of a number of other visas later," expected "the return of road traffic between the two countries gradually during the coming period After the lifting of the ban on the movement of trucks, so that the inter-trade is not limited to the unloading of goods and exchange in the arena allocated for that on the border between the two countries. "
Jordan banned more than five years ago the entry of Jordanian trucks into Iraqi territory for security reasons, after the terrorist elements kidnapped and killed several drivers. d
The launch of a conference to support reconstruction projects in Iraq in Cairo
Date of release: 2018/3/25 8:33 • 194 times read
(Baghdad: the Euphrates News) The Egyptian capital Cairo on Sunday, the opening of the exhibition and conference reconstruction of Iraq, under the auspices of the Arab League.
The exhibition is part of the Arab-African Investment Conference, which was launched on Saturday by the Arab Investors Union.
Iraq is seeking to offer investment opportunities in the liberated areas of 212 opportunities, according to the Iraqi ambassador to Egypt and his permanent representative to the League of Arab States, Habib al-Sadr, who stressed Iraq's welcome investment promising after the great victory achieved on the organization of a supporter of the terrorist.
He also welcomed the Egyptian companies' contribution to the reconstruction process and the transfer of Egypt's successful experience and the expertise of its workers to occupy a space in the reconstruction map of Iraq as part of the development of Iraqi-Egyptian partnerships in various projects.
He pointed out that "Iraq is launching a milestone phase of security stability and economic recovery and social harmony and the provision of wealth and potential natural and youth enormous and urgent reasons for reconstruction and rehabilitation."
He stressed "the importance of the conference to promote Arab-African cooperation to promote sustainable development and to set promising features for an Arab-African partnership to engage the peoples of the two regions in opening up, developing and combating terrorism."
Iraq is seeking to offer investment opportunities in the liberated areas of 212 opportunities, according to the Iraqi ambassador to Egypt and his permanent representative to the League of Arab States, Habib al-Sadr, who stressed Iraq's welcome investment promising after the great victory achieved on the organization of a supporter of the terrorist.
He also welcomed the Egyptian companies' contribution to the reconstruction process and the transfer of Egypt's successful experience and the expertise of its workers to occupy a space in the reconstruction map of Iraq as part of the development of Iraqi-Egyptian partnerships in various projects.
He pointed out that "Iraq is launching a milestone phase of security stability and economic recovery and social harmony and the provision of wealth and potential natural and youth enormous and urgent reasons for reconstruction and rehabilitation."
He stressed "the importance of the conference to promote Arab-African cooperation to promote sustainable development and to set promising features for an Arab-African partnership to engage the peoples of the two regions in opening up, developing and combating terrorism."
Arab investment in Iraq
Editorial Date: 2018/3/24 17:42 • 117 times read
The Secretary-General of the League of Arab States, Ahmed Aboul Gheit, on Saturday, the concerted efforts among economic actors in Africa and the Arab world to exchange experiences and successful experiences and contribute to the reconstruction of Iraq.
The Director of the Department of Sustainable Development and International Cooperation of the Arab League, Nada Al-Ajizi, said in a speech to the opening session of the conference and exhibition «Arab African investment in the light of sustainable development», which began its work on Aboul Gheit, on Saturday, that "the Secretary-General of the League called for support Iraq Which has faced real challenges in the fight against terrorism and eliminate it, which caused a lot of losses in the infrastructure of the country.
"Aboul Gheit stressed the importance of the role played by the investment sector in supporting the aspirations of the Iraqi people on reconstruction after a humiliating defeat."
She pointed out that "the presence of many officials for the file of investment in Iraq and their participation in the conference is an opportunity to identify the facilities and privileges offered by Iraq to Arab and African investors in this context."
"Aboul Gheit stressed the importance of the role played by the investment sector in supporting the aspirations of the Iraqi people on reconstruction after a humiliating defeat."
She pointed out that "the presence of many officials for the file of investment in Iraq and their participation in the conference is an opportunity to identify the facilities and privileges offered by Iraq to Arab and African investors in this context."
A message from Basra to the world: Iraq is capable of hosting international events
(Independent) / Neryman al-Maliki / .. There is no doubt that the sports masses in Basra had a significant role in showing the spirit of Iraqi sports, which contributed to the decision of the International Football Association to lift the ban partially from Iraqi stadiums ..
After the sports city received the Saudi team brother, in a way that made the Saudi king praises the spirit of the brotherhood of Iraq returned to the city of Basra to embrace a sports carnival, represented by the friendly international friendship, which includes the two Arab teams Qatari and Syrian brothers in addition to Iraq's national team.
"After the efforts of the president of the Iraqi Football Association to lift the ban from Iraqi stadiums came the decision to lift the partial ban, and we wish in the Friendship Championship to lift completely from Iraq "..
"We are all playing in FIFA in order to be better and better than our 130-129," he said. "We are capable of organizing tournaments in Iraq."
He pointed out that the Arab brothers were impressed by the great reception of the people of Basra and the Iraqi public from all governorates, expressing optimism, describing the decision of FIFA as "a sign of future good for the Iraqi football".
"We thank the Iraqi Federation for the warm reception and facilitation of all matters, both for us as a Qatari delegation participating in this tournament and as a media delegation," said Ali Hassan Al-Salat, Qatar's media official. And transportation "...
And described the halls of the tournament as "a message from the Iraqi Federation to all the federations, whether continental or global that Iraq is able to host major football events."
"We will send a message to the world that Iraq is capable of hosting this and this is a right and duty for us Qataris to stand with our Iraqi brothers," he added.
He stressed that the championship "carries many messages in terms of the return of life to the Iraqi stadiums and football carnivals that we will see during this short period."
"It is a message to the AFC and FIFA that Iraq can host Asian teams and teams in the AFC Champions League and even the AFC Cup," he said.
"As a Qatari national, we look at this tournament as an opportunity to experience a group of players and to be ready," he said. "This tournament is part of Qatar's preparations for the Asian Cup in the UAE." d
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Here’s what Warren Buffett says to do when the market tanks
CNBC
Back in 2016, when the stock market fluctuated wildly, Warren Buffett gave some great advice as to how to approach investments. Read the full story
Bank of America pays $42 million fine in New York 'masking' probe
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INSURANCE / HEALTH
Trump signs spending bill despite veto threat
Axios
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The Fed raised interest rates—take these 4 steps to protect your money
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What Puerto Rico Can Teach Us About Surviving Climate Change
VICE
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ddd
GLOBAL/NEWS/INFO
Here’s what Warren Buffett says to do when the market tanks
CNBC
Back in 2016, when the stock market fluctuated wildly, Warren Buffett gave some great advice as to how to approach investments. Read the full story
Weekly Briefing No. 124 | Facebully, Fearless Girl’s Fate & Housing Finance Needs Disrupting
The Financial Revolutionist
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The Financial Revolutionist
Welcome to our 124th edition. Strap yourself in and take a ride with us: Banks and fintech could gain from Facebook’s fall from grace; Fearless Girl shouldn’t move an inch; Disrupting housing finance; Selected financings: CommonBond, eToro, N26, Paymerang and Promise; Cryptomining bans; Dropbox doesn’t drop; Citi’s great step on guns; Slack; Breaking Banks’s SXSW roundup; Small bookstores surge; Guardian’s Deanna Mulligan on talent; EDGAR downloading habits of funds; AI scenarios Read the full story
OIL/COMMODITIES/ENERGY
Gold Prices Ride Trade War Fears to 1-Month Highs
Investing.com
Commodities Mar 23, 2018 17:44 GMT Investing.com – Gold prices rallied to a more than one-month high on strong safe-haven demand amid escalating U.S.-China tensions as the prospect of a trade war heats up. Gold futures for April delivery on the Comex division of the New York Mercantile Exchange rose by $21.50, or 1.59%, to $1,348.50 a troy ounce. Gold is set to notch its biggest weekly win in more than one month. A tit-for-tat trade war between China and U.S. – the world’s largest two economies Read the full story
Investing.com
Commodities Mar 23, 2018 17:44 GMT Investing.com – Gold prices rallied to a more than one-month high on strong safe-haven demand amid escalating U.S.-China tensions as the prospect of a trade war heats up. Gold futures for April delivery on the Comex division of the New York Mercantile Exchange rose by $21.50, or 1.59%, to $1,348.50 a troy ounce. Gold is set to notch its biggest weekly win in more than one month. A tit-for-tat trade war between China and U.S. – the world’s largest two economies Read the full story
Crude Oil Prices Settle at 8-Week Highs on Prospect of Further Output Cuts
Investing.com
Commodities Mar 23, 2018 18:31 GMT Investing.com – WTI crude oil prices settled at eight-week highs as the prospect of an extension to OPEC-led production cuts into 2019 overshadowed data showing the number of U.S. oil rigs rose to a three-year year. On the New York Mercantile Exchange crude futures for May delivery rose 2.46% to settle at $65.88 a barrel, while on London’s Intercontinental Exchange, Brent rose 2.22% to trade at $70.44 a barrel. The number of oil rigs operating in the US rose by Read the full story
Commodities Mar 23, 2018 18:31 GMT Investing.com – WTI crude oil prices settled at eight-week highs as the prospect of an extension to OPEC-led production cuts into 2019 overshadowed data showing the number of U.S. oil rigs rose to a three-year year. On the New York Mercantile Exchange crude futures for May delivery rose 2.46% to settle at $65.88 a barrel, while on London’s Intercontinental Exchange, Brent rose 2.22% to trade at $70.44 a barrel. The number of oil rigs operating in the US rose by Read the full story
BANKS/BANKING/CREDIT
Bank of America pays $42 million fine in New York 'masking' probe
Reuters
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Bank of America 'systematically' misled clients about stock trades
CNN Money
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SuperMoney Milestone: Fintech Startup Exceeds $500 Million in Loan Applications Processed | Crowdfund Insider
Crowdfund Insider
On Thursday, fintech startup SuperMoney announced its loan offer engine has processed more than $500 million in loan requests since its launch in April 2017. The company, which was founded in 2013, states it is making personal finance “fun and accessible” by building a community... Read More The post SuperMoney Milestone: Fintech Startup Exceeds $500 Million in Loan Applications Processed appeared first on Crowdfund Insider. Read the full story
Crowdfund Insider
On Thursday, fintech startup SuperMoney announced its loan offer engine has processed more than $500 million in loan requests since its launch in April 2017. The company, which was founded in 2013, states it is making personal finance “fun and accessible” by building a community... Read More The post SuperMoney Milestone: Fintech Startup Exceeds $500 Million in Loan Applications Processed appeared first on Crowdfund Insider. Read the full story
5 Reasons It Pays to Use a Credit Card
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Santander is set to launch an international money transfer app with Ripple
Business InsiderAna Patricia Botin, chairman of the Spanish bank Santander. Santander UK CEO: "This spring, if not one beats us to it, we will be the first large retail bank to carry out cross-border payments at scale with blockchain technology." Consumer app in partnership with Ripple set to be launched to customers in Spain, Brazil, UK, and Poland. LONDON - Santander is on track to launch an international money transfer app in partnership with fintech startup Ripple in the next few months, the bank's UK CEO Read the full story
Wells Fargo says four top risk management executives to retire: WSJ
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Best & Worst Banks According to Consumer Reports Members
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TREASURIES/BONDS/STOCKS
Dow drops more than 400 points into correction, posts worst week since Jan. 2016
CNBC
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CNBC
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Stocks tumble on trade fears; S&P has worst week in 2 years
ABC News
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Top 5 Things That Moved Markets This Past Week
Investing.com
© Reuters. What will next week bring? Read the full story
U.S. stocks suffered their worst week in more than two years after closing Friday with heavy losses. Read the full story
Investing.com
© Reuters. What will next week bring? Read the full story
Stocks suffer worst week in two years
The HillU.S. stocks suffered their worst week in more than two years after closing Friday with heavy losses. Read the full story
CRYPTO'S / DIGITAL CURRENCY
Yahoo! Japan Launches Cryptocurrency Exchange: What to Know
Inverse
Yahoo! Japan is preparing to launch its own cryptocurrency exchange, entering an increasingly complex market. Despite cryptocurrency’s recent price dip, tech firms and entrepreneurs continue to invest in what they hope will be the world’s next big currency. Read the full story
One-fifth of college students are dipping into their student loans to invest in volatile cryptocurrencies. Read the full story
BITCOIN bounced back this week after finance leaders at the G20 2018 summit in Argentina chose not to introduce concrete measures to clamp down on the cryptocurrency market. But will the G20 summit ignite the cryptocurrency market? The price of bitcoin surged past the $9,000 mark after the announcement on Wednesday. Read the full story
Inverse
Yahoo! Japan is preparing to launch its own cryptocurrency exchange, entering an increasingly complex market. Despite cryptocurrency’s recent price dip, tech firms and entrepreneurs continue to invest in what they hope will be the world’s next big currency. Read the full story
College students are investing in bitcoin with financial aid money
CNBCOne-fifth of college students are dipping into their student loans to invest in volatile cryptocurrencies. Read the full story
Bitcoin price: Will G20 summit ignite cryptocurrency market?
ExpressBITCOIN bounced back this week after finance leaders at the G20 2018 summit in Argentina chose not to introduce concrete measures to clamp down on the cryptocurrency market. But will the G20 summit ignite the cryptocurrency market? The price of bitcoin surged past the $9,000 mark after the announcement on Wednesday. Read the full story
Ripple co-founder: Cryptocurrency needs a decentralized network to be successful
CNBC
Ripple co-founder Jeb McCaleb, who later co-founded Stellar, says cryptocurrencies need a decentralized network for long-term success. Read the full story
CNBC
Ripple co-founder Jeb McCaleb, who later co-founded Stellar, says cryptocurrencies need a decentralized network for long-term success. Read the full story
CURRENCIES
Investors need to brace for ¥100, currency strategist says
MarketWatch
MarketWatch
The Japanese yen has rallied 7% against the U.S. dollar, from a high of almost ¥113 to just its lowest level since November 2016, when the buck shot up following the result of the U.S. presidential election. But the yen rally could be far from over, said Ashraf Laidi. Read the full story
Forex - USD/JPY Nears 17-Month Low as Yen Advances on Safe-Haven Demand
Investing.com
Forex Mar 23, 2018 17:09 GMT Investing.com – The dollar fell against a basket of major currencies as sentiment on the greenback turned negative after fears intensified over the prospect of a trade war between the U.S. and China. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, fell 0.45% to a five-week low of 89.07. Following the U.S.’s move to slap tariffs of up to $60 billion on Chinese imports, China’s commerce ministry Read the full story
After the local currency falls and officials unveil another bumper surplus, City Weekend explains Hong Kong’s financial system and its ballooning public coffers Read the full story
Investing.com
Forex Mar 23, 2018 17:09 GMT Investing.com – The dollar fell against a basket of major currencies as sentiment on the greenback turned negative after fears intensified over the prospect of a trade war between the U.S. and China. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, fell 0.45% to a five-week low of 89.07. Following the U.S.’s move to slap tariffs of up to $60 billion on Chinese imports, China’s commerce ministry Read the full story
Money, money, money – why does the Hong Kong government have so much cash?
South China Morning PostAfter the local currency falls and officials unveil another bumper surplus, City Weekend explains Hong Kong’s financial system and its ballooning public coffers Read the full story
Drugs laced with bug spray blamed for "zombie"-like effects
CBS News
Health officials in Indianapolis say they are seeing a spike in the number of people overdosing on a street drug called KD Read the full story
Many people may only realize they are affected in the next month or two, creating a pressing financial issue with no clear or immediate solution. Read the full story
The infectious bacteria that infiltrate our sinuses can—VERY RARELY—make its way to the brain. Because the sinuses are so close to the brain, on rare occasions an infection there can creep its way through what’s called the blood brain barrier. Read the full story
A large scale federal survey has documented the continuing rise in severe obesity, which increases the risks for heart disease, diabetes and some cancers. Read the full story
One of the worst flu seasons in recent memory affected so many people this past winter. But now that spring has arrived, it feels like the worst of this sickness should have passed. So is flu season almost over for most of the world, especially the U… Read the full story
USA/CANADA
CBS News
Health officials in Indianapolis say they are seeing a spike in the number of people overdosing on a street drug called KD Read the full story
Patients can’t afford life-saving medications under new health plan change
MarketWatchMany people may only realize they are affected in the next month or two, creating a pressing financial issue with no clear or immediate solution. Read the full story
Sinus infections can get to your brain—but don't panic
Popular ScienceThe infectious bacteria that infiltrate our sinuses can—VERY RARELY—make its way to the brain. Because the sinuses are so close to the brain, on rare occasions an infection there can creep its way through what’s called the blood brain barrier. Read the full story
American Adults Just Keep Getting Fatter
The New York TimesA large scale federal survey has documented the continuing rise in severe obesity, which increases the risks for heart disease, diabetes and some cancers. Read the full story
Is The 2018 Flu Season Almost Over? Don't Put Your Hand Sanitizer Away Just Yet
RomperOne of the worst flu seasons in recent memory affected so many people this past winter. But now that spring has arrived, it feels like the worst of this sickness should have passed. So is flu season almost over for most of the world, especially the U… Read the full story
Trump signs spending bill despite veto threat
Axios
Even though he threatened to veto the bill this morning. Read the full story
Trump security pick John Bolton likely to turn up heat on Iran and drive up oil prices
President Trump's pick for national security advisor signals a willingness by the administration to take a more hard-line stand against adversaries like Iran or Venezuela—and that could mean higher oil prices.Read more: https://www.cnbc.com/2018/03/
When interest rates go up, don't worry about your money — take action, one expert says.
Read more: https://www.cnbc.com/2018/03/
EMERGING MARKETS
What Puerto Rico Can Teach Us About Surviving Climate Change
VICE
“Maria didn’t cause everything. Maria just revealed to the world how we are living." Read the full story
Exclusive: Slim doubles down on Mexico City airport amid turmoil - sources
7News
MEXICO CITY (Reuters) - Funds controlled by the family of Mexican billionaire Carlos Slim are set to acquire a large chunk of an investment trust to fund Mexico City's new airport, three sources with knowledge of the deal said, as doubts hang over the project's future. The placement came as leftist presidential frontrunner Andres Manuel Lopez Obrador threatens to scrap the airport and block new work on it. Slim's construction business has been one of the biggest winners of work for the airport. Read the full story
MIDDLE EAST
Kuwaiti oil jumps $1.3
Mubasher
Mubasher: The price of Kuwaiti oil went up by $1.31 on Thursday, according to the the Kuwait Petroleum Corporation (KPC). The Kuwaiti crude rose to the level of $64.75 per barrel, compared to $63.44 per barrel on Wednesday. It is worth noting that … Read the full story
Mubasher
Mubasher: The price of Kuwaiti oil went up by $1.31 on Thursday, according to the the Kuwait Petroleum Corporation (KPC). The Kuwaiti crude rose to the level of $64.75 per barrel, compared to $63.44 per barrel on Wednesday. It is worth noting that … Read the full story
Oil Stocks, Prices Rally On Saudi Hint Of More Production Cuts
Investor's Business Daily
Oil prices rose Friday after Saudi Arabia reportedly hinted that OPEC would continue output cuts with non-OPEC members into 2019. Read the full story
Iraq is trying to get its antiquated rail system back on track. Established in the early 1950s, it was one of the most prominent train hubs in the Middle East. But war and neglect have taken a heavy toll. Al Jazeera's Imran Khan reports from Baghdad, Iraq. Read the full story
Several key dates in May that could determine the future of the region. Read the full story
Investor's Business Daily
Oil prices rose Friday after Saudi Arabia reportedly hinted that OPEC would continue output cuts with non-OPEC members into 2019. Read the full story
Push in Iraq to get trains back on track
AljazeeraIraq is trying to get its antiquated rail system back on track. Established in the early 1950s, it was one of the most prominent train hubs in the Middle East. But war and neglect have taken a heavy toll. Al Jazeera's Imran Khan reports from Baghdad, Iraq. Read the full story
In the Middle East, developments in May could determine its future: ANALYSIS
ABC NewsSeveral key dates in May that could determine the future of the region. Read the full story
AFRICA
South Africa dodges third junk rating as Moody’s lifts outlook
Livemint
Johannesburg/Lima: South Africa escaped a third junk rating as Moody’s Investors Service kept its assessment of the nation’s debt unchanged, citing more transparent and predictable policies under President Cyril Ramaphosa. Read the full story
Livemint
Johannesburg/Lima: South Africa escaped a third junk rating as Moody’s Investors Service kept its assessment of the nation’s debt unchanged, citing more transparent and predictable policies under President Cyril Ramaphosa. Read the full story
South African Constitutional Court pronounces judgment on payment of social welfare grants after April 1, 2018
BenzingaJOHANNESBURG, South Africa, March 23, 2018 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. ("Net1" or the "Company") (NASDAQ:UEPS) (JSE:NT1) today announced that the South African Constitutional Court ("Constitutional Court") has given an order regarding the continued payment of social grants when the current contract between the Company's subsidiary Cash Paymaster Services (Pty) Ltd ("CPS") and SASSA expires on March 31, 2018. Essentially, the current contract between CPS and SASSA for Read the full story
ASIA
Global benchmark index set to include China bonds for the first time
MarketWatch
MarketWatch
Bloomberg is set to include China into its benchmark Barclays Global Aggregate Bond Index Read the full story
Trade War: China Tariffs Hit Global Stock Markets, Pose Stiff Test Of Trump Negotiating Tactic
Investor's Business DailyChina tariffs sent fears of a trade war rippling across global stock markets, but China-based stocks suffered only moderate damage. Read the full story
China's economic czar tells US Beijing will defend interests
ABC NewsChina's newly-appointed economic czar has told U.S. Treasury Secretary Steven Mnuchin that Beijing is ready to defend its interests after President Donald Trump announced plans to slap tariffs on nearly $50 billion Chinese imports Read the full story
US and South Korea ‘very close’ to trade deal as Donald Trump’s metals tariffs begin, mainly aimed at China
South China Morning Post‘We're going to have a wonderful deal with a wonderful ally,’ the US president said. ‘It was a deal that was causing a lot of problems for our country’ Read the full story
China slams Trump’s ‘reckless’ and ‘arrogant’ tariffs, warns of retaliation
The Washington PostAs Washington and Beijing traded blows, the reverberations were felt across the world. Read the full story
EUROPE
Russian spy: 'No way' spy nerve agent came from UK lab
BBC News US
Porton Down says Russian suggestions of link to the Salisbury attack are "frustrating". Read the full story
Wholesale broadband service providers will be spared from stricter EU regulation of prices at which they give other operators access to their networks under a deal provisionally agreed this week. Read the full story
Good afternoon. Read the full story
Like any divorce, Brexit is a time for finding out who your real friends are. Despite EU Commission President Jean-Claude Juncker’s careless congratulatory note to President Vladimir Putin and some earlier quibbles, Theresa May’s 27 counterparts around the dinner table agreed to make a suitable diplomatic gesture to the Russians in solidarity with the UK. Among other national moves, the EU will be withdrawing its ambassador to the Russian Federation in protest at the Russians’ extra-legal Read the full story
THE EU customs union is costing Britons £80billion every year, a top economist has said as he declared the UK will save billions and be freed from the bloc's tariffs once Britain leaves the EU. The whopping figure challenges the numbers reported in a study published earlier this week by the Institute for Fiscal Studies , which claimed UK customers will only see a small reduction of prices after Brexit. Read the full story
BRITISH fishermen are “sickened” over current Brexit talks which could see them have less preferential rights to fish in British waters until at least 2021 as Britain and the EU agreed the UK will follow the controversial Common Fisheries Policy for at least three more years. Under current regulations, French boats have been granted up to 84 percent of the rights to fish some local species, such as the English Channel cod, leaving as little as 9 percent to the British. Read the full story
BBC News US
Porton Down says Russian suggestions of link to the Salisbury attack are "frustrating". Read the full story
Wholesale broadband providers to be spared heavier EU regulation
ReutersWholesale broadband service providers will be spared from stricter EU regulation of prices at which they give other operators access to their networks under a deal provisionally agreed this week. Read the full story
Brexit Bulletin: Transition means transition
The TelegraphGood afternoon. Read the full story
The last 24 hours prove the EU is Britain’s only true friend
The IndependentLike any divorce, Brexit is a time for finding out who your real friends are. Despite EU Commission President Jean-Claude Juncker’s careless congratulatory note to President Vladimir Putin and some earlier quibbles, Theresa May’s 27 counterparts around the dinner table agreed to make a suitable diplomatic gesture to the Russians in solidarity with the UK. Among other national moves, the EU will be withdrawing its ambassador to the Russian Federation in protest at the Russians’ extra-legal Read the full story
'It's nonsense' THIS is how much it REALLY costs the UK to remain in the EU customs union
ExpressTHE EU customs union is costing Britons £80billion every year, a top economist has said as he declared the UK will save billions and be freed from the bloc's tariffs once Britain leaves the EU. The whopping figure challenges the numbers reported in a study published earlier this week by the Institute for Fiscal Studies , which claimed UK customers will only see a small reduction of prices after Brexit. Read the full story
'We've been HIJACKED' Fishermen's anger over EU Brexit transition deal
ExpressBRITISH fishermen are “sickened” over current Brexit talks which could see them have less preferential rights to fish in British waters until at least 2021 as Britain and the EU agreed the UK will follow the controversial Common Fisheries Policy for at least three more years. Under current regulations, French boats have been granted up to 84 percent of the rights to fish some local species, such as the English Channel cod, leaving as little as 9 percent to the British. Read the full story
ddd
Blessed and Highly Favored:
CBI Update:
The CBI for Sunday 3/25/18 did update on the indicative rates Sell Rate 1184
The currency auction is 199,645,811
There is one news and announcements for Sunday 3/25/18
1. The prices of bullion and gold coins on Tuesday 2018/3/27
March 25, 2018
March 25, 2018
ISX Update:
Value Traded
1,569,550,477
Shares Traded
2,807,637,876
ISX ended in Red
3-25-2018 Newshound Guru Kaperoni Article quote: "The dollar witnessed the exchange rate of the dinar against a significant decline recently due to increased selling hard currency at the central bank auction rate as sales exceeded $ 250 million per day after it was more than $ 130 million in the past years. ...I cannot recall ever seeing an article stating that sales was over $200 million in a day. And with the IMF and UST helping them reduce the spread I find it unlikely that this is not closely watched.
3-24-2018 Newshound/Intel Guru Mnt Goat Article: "THE PRESIDENCY INVITED THE PARLIAMENTARY BLOCS TO A MEETING ON 29 TO VOTE ON THE PENDING IMPORTANT LAWS" ...note he did not say they are going to do it, but rather he said they were “invited” to do it. So let’s see if it really happens.
3-24-2018 Intel Guru RayRen98 Abadi informs that all contractors will be given treasury bonds to pay their debts. Abadi indicated that all employees of all regions will be paid next week. Iraqi TV was reporting that a new date of March 27 (instead of March 29) was announced for Parliament to meet in-session and complete the votes on the 20 remaining laws. This two-day shift up provides a buffer for Abadi to react by March 29 if a quorum is not established at the March 27 session.
3-24-2018 Newshound Guru sandyf Talks with WTO stalled because the Kurds would not toe the line but things are changing and we may see some movement on that shortly.
3-24-2018 Intel Guru RayRen98 Abadi informs that all contractors will be given treasury bonds to pay their debts. Abadi indicated that all employees of all regions will be paid next week. Iraqi TV was reporting that a new date of March 27 (instead of March 29) was announced for Parliament to meet in-session and complete the votes on the 20 remaining laws. This two-day shift up provides a buffer for Abadi to react by March 29 if a quorum is not established at the March 27 session.
3-24-2018 Newshound Guru sandyf Talks with WTO stalled because the Kurds would not toe the line but things are changing and we may see some movement on that shortly.
3-24-2018 Newshound/Intel Guru Mnt Goat Article quote: "Warka clients are now permitted to purchase Warka stock from the funds now deposited in their bank accounts participating in the capital increase in accordance with the banking laws." ...This is nothing more than the bank selling stock to increase capital in their own bank. The stock is selling for less than a penny USD. Yes if they sell a lot of it and the IQD does get revalued the bank stands to make a ton of money.
3-24-2018 Newshound Guru Kaperoni There is enough evidence from various news articles over the last month to imply the CBI is now in compliance with the IMF. The clock is now ticking. And to boltster my view, the CBI is selling $180+ million at auction per day. It is my view that the CBI will write a letter to the IMF asking for acceptance into Article VIII sometime around June 2018. This also coincides with an article that they want to end the auctions. I could be wrong and they could wait longer but that makes little sense with the continuing auction amount exceeding $180 million each day. 3 reasons, they said they want to end the auctions, the IMF made it clear Article VIII sends a positive messege to investors, and selling $180 million + will drain reserves.
3-24-2018 Newshound Guru Kaperoni There is enough evidence from various news articles over the last month to imply the CBI is now in compliance with the IMF. The clock is now ticking. And to boltster my view, the CBI is selling $180+ million at auction per day. It is my view that the CBI will write a letter to the IMF asking for acceptance into Article VIII sometime around June 2018. This also coincides with an article that they want to end the auctions. I could be wrong and they could wait longer but that makes little sense with the continuing auction amount exceeding $180 million each day. 3 reasons, they said they want to end the auctions, the IMF made it clear Article VIII sends a positive messege to investors, and selling $180 million + will drain reserves.
3-24-2018 Newshound Guru sandyf ...the new oil and gas law the same thing as the HCL? - Yes it is. You will never see the Hydrocarbon law pass through the Iraqi parliament, they only refer to it as oil and gas law.
d
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
*************
ARTICLE 1 (from PM Abadi's website)
At the time this report was submitted, there were no new postings on PM Abadi's website.
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ARTICLE 2
Jubouri stresses the need to invest the remainder of the session of Parliament to pass important laws
2018/3/24 13:11
[Ayna-Baghdad]
Speaker of the House of Representatives Salim al-Jubouri, on Saturday, members of parliament to attend the meeting next Tuesday to complete the legislation and laws important to the vote.
"The House of Representatives continues to perform its duty and assume its responsibilities as stipulated by the Constitution and the law until the end of its session," Jubouri said in a statement to his office.
He added that "there are many important laws to be voted and it is necessary to invest the remainder of the current session in order to approve and not to be deported to the next session."
The parliament set a date next Tuesday for its meeting.
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ARTICLE 3
Sadr in a new fatwa: Your reluctance to vote will bring Iraq scourge and you will see "document"
NAJAF, Iraq, March 24 (Reuters) - Sadr's leader Moqtada al-Sadr warned in a statement on Saturday that voters would not participate in the upcoming elections.
"Refusing the elections will not be a solution to the bitter reality," he said. "Their reluctance will lead to scourge and you will see if it continues."
Sadr said earlier, in response to a query from some of his supporters about the reluctance of some Iraqis to participate in the elections, posted on his website, "I ask God to help us to be the current election (shot) in the body of corruption and that abstention from the elections does not cancel it, but will strengthen The thorn of the corrupt and everyone who plays is cooperating with them and a traitor not only to us, but to Iraq as a whole. "
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ARTICLE 4
Al-Rafidain: Launch of the first batch of the five million paid for education staff
2018/3/24 8:41
[Ayna-Baghdad]
Rafidain Bank announced the launch of the first installment of the advance of five million dinars to the staff of the Directorate of Education Karkh first.
"The first batch of the five million dinars was disbursed to about 959 employees from the Karkh Education Directorate," the bank's press office said in a statement.
He pointed out that "the exchange was done through the electronic card of the employee, after informing him by text message on his phone informing him of the possibility of receiving the advance through his card.
He called on those covered by the advance to "visit the branches of the bank for the receipt of the advance instead of going to the special outlets."
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ARTICLE 5
The destruction of additives and the seizure of light weapons and the survival of a military operation northeast of Baquba
Diyala - Iraq Press, March 24: The military information cell reported the destruction of additives in a military operation northeast of Baquba, Diyala province.
"The Iraqi army and the federal police and supported by the army carried out a three-pronged military operation to hunt down dens and cells in the liberated villages within the Sansal Basin northeast of Baquba," he said, adding that "the operation resulted in the destruction of a number of additives and the seizure of weapons Light and mercenary return to organize a criminal advocate. " Ending
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ARTICLE 6
The arrest of the scientist of algebraic chemistry in Baghdad upon arrival at the airport from Turkey
BAGHDAD (Reuters) - March 24 - Iraq's chemical scientist, Taha Mohammad al-Juburi, who is being pursued internationally, is now in the hands of the Iraqi authorities he is currently investigating, the official Quds news agency reported.
She pointed out that "the Iraqi authorities received the world Taha Mohammed al-Jubouri, who was previously subjected to prosecution by Israeli intelligence, on charges of participating in the development of military capabilities of the Palestinian resistance, immediately upon arrival at Baghdad International Airport a few days ago, from Turkey, which deported him, To be arrested by the Iraqi authorities and was handed over to the intelligence service, which initiated an investigation. "
Al-Jubouri was arrested in the Philippines on charges of belonging to Hamas. He arrived in Istanbul on January 23 from the Philippine capital, Manila, which deported him for allegedly having problems with his visa. Ending AH
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