Rayren98 Tuesday UPDATE for March 13, 2018
Highlights of events and notices throughout the day.......
- Access to international airports in Kurdistan region have been restored. Full international flights are expected by March 15.
- Iraqi TV is reporting that Erbil has reclaimed previously disputed areas.
- Parliament processed 11 laws today, now at recess until Thursday.
- Banks are supposedly waiting on Iraq to make its rate changes public before they spring into exchange action.
- Alaq was on TV indicating that all of the banks in Kurdistan will take their lead from the CBI.
- Parliament calls for an urgent meeting regarding the federal budget, in spite of the recess.
- The Zimbabwean government has entertained the idea of removing the Zim from the first basket due to confusion regarding the final details and disposition.
- Some members with Zim appointments for Tuesday have been rescheduled.
Iraqi citizens are being told to expect to see the lower denoms released sometime next week.
Word on the Street Tuesday 3/13/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,163.1000 | 1,163.1000 | 1,163.1000 | | 21:00 |
| USD/VND | | | 22,727.5000 | 22,347.0000 | 22,347.0000 | | 05:15 |
| USD/CNY | | | 6.3327 | 6.3119 | 6.3299 | | 06:39 |
| USD/KWD | | | 0.2998 | 0.2990 | 0.2998 | | 06:35 |
| GBP/USD | | | 1.3909 | 1.3875 | 1.3908 | | 06:39 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,762.0000 | 13,731.5000 | 13,754.0000 | | 06:39 |
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DC NY Iraq Articles:dd
Masrour Barzani: Airports, Salaries Not Sole Disputes Between Erbil, Baghdad
ERBIL — The Chancellor of Kurdistan Region Security Council (KRSC), Masrour Barzani, stated on Monday that the re-opening of Kurdistan Region’s airports and sending the salaries of Kurdish public servants are not the only disputes between Erbil and Baghdad.
“There have been several meetings between the sides recently. Addressing disagreements should not be limited to sending the salaries and re-opening airports,” Barzani said in an interview with Kurdistan TV.
“Our disputes are prolonged political and national disputes,” he said.
The top Kurdish security official also noted that the full implementation of the Iraqi constitution, and not implementing a selected number of articles, would be the only way to escape the current crisis.
Concerning the current situation across the disputed Kurdish territories under the control of the Iraqi government, Barzani said the way Kurdish people are being treated there is not acceptable.
“The situation there should be settled down in accordance with the constitution,” he addedIraqi intelligence thwart attempts to smuggle traces of «tens of millions of dollars»
Iraqi intelligence thwart attempts to smuggle traces of tens of millions of dollars
13/03/2018 The Iraqi Military Intelligence Directorate has filed a major smuggling operation, noting that experts have estimated the smuggled effects at tens of millions of dollars.
President of Iraq calls for a real dialogue between the components of the province of Nineveh to address the effects of «Dahesh»
Iraq receives 483 antiquities from America
Iraq receives 700 recovered artifacts from Italy, the United States and Jordan
The news channel "Alsumaria News" Iraqi, on Monday evening, a statement of the Directorate confirmed: "The military intelligence and in cooperation with the economic security in the province of Wasit, they managed to penetrate the gang to smuggle the effects and thwart the largest smuggling of antiquities and the arrest of smugglers in a tightly controlled "," The smugglers were surrounded in the district of Nu'maniyah in Wasit province and the seizure of two wheels used in the smuggling process with the smugglers after hiding the effects in a way that does not raise doubt. "
She added that "the two wheels contained a collection of rare artifacts, including 22 pieces in the form of rare statues dating back to ancient times, and 6 pieces of stones called (stone meteor) of rare precious stones and precious, and four pieces of coins with ancient historical engravings, That "archaeologists have estimated the value of the smuggled effects tens of millions of dollars, while others have declared that they are priceless."
"The smugglers were referred to the judicial in accordance with the provisions of Article 44 of the Antiquities Law No. 55 of 2002," she said. To eliminate.
The smuggling of Iraqi antiquities has been remarkably active since April 2003, following the exposure of several Iraqi museums to looting, while the security services from time to time to arrest gangs to smuggle the effects and control effects in their possession.
President of Iraq calls for a real dialogue between the components of the province of Nineveh to address the effects of «Dahesh»
Iraq receives 483 antiquities from America
Iraq receives 700 recovered artifacts from Italy, the United States and Jordan
The news channel "Alsumaria News" Iraqi, on Monday evening, a statement of the Directorate confirmed: "The military intelligence and in cooperation with the economic security in the province of Wasit, they managed to penetrate the gang to smuggle the effects and thwart the largest smuggling of antiquities and the arrest of smugglers in a tightly controlled "," The smugglers were surrounded in the district of Nu'maniyah in Wasit province and the seizure of two wheels used in the smuggling process with the smugglers after hiding the effects in a way that does not raise doubt. "
She added that "the two wheels contained a collection of rare artifacts, including 22 pieces in the form of rare statues dating back to ancient times, and 6 pieces of stones called (stone meteor) of rare precious stones and precious, and four pieces of coins with ancient historical engravings, That "archaeologists have estimated the value of the smuggled effects tens of millions of dollars, while others have declared that they are priceless."
"The smugglers were referred to the judicial in accordance with the provisions of Article 44 of the Antiquities Law No. 55 of 2002," she said. To eliminate.
The smuggling of Iraqi antiquities has been remarkably active since April 2003, following the exposure of several Iraqi museums to looting, while the security services from time to time to arrest gangs to smuggle the effects and control effects in their possession.
Iraq to Reduce Oil Products' Imports by 25 Percent
https://financialtribune.com/
Tuesday, March 13, 2018
I raq’s Oil Ministry on Monday said the nation would reduce its petroleum products' imports by 25%, as crude oil refineries are being rehabilitated following the destruction caused by the self-styled Islamic State terrorist group.
Iraq is also producing more oil products by processing natural gas liquids, Oil Minister Jabar al-Luaibi said in a statement, without indicating a specific timeframe for the import cuts, Reuters reported.
The ministry has announced in the past few months an increase in the capacity of Kirkuk Oil Refinery as well as plans to rehabilitate parts of the Baiji plant, which used to be Iraq’s largest petroleum processing facility. Iraq is OPEC’s second-largest oil producer after Saudi Arabia. Its refining capacity was curtailed when IS militants overran Baiji, north of Baghdad, in 2014.
Iraqi forces recaptured Baiji in 2015 but it sustained heavy damage.
The country now relies mainly on the Dora refinery in Baghdad and the southern Shuaiba plant.
Tuesday, March 13, 2018
I raq’s Oil Ministry on Monday said the nation would reduce its petroleum products' imports by 25%, as crude oil refineries are being rehabilitated following the destruction caused by the self-styled Islamic State terrorist group.
Iraq is also producing more oil products by processing natural gas liquids, Oil Minister Jabar al-Luaibi said in a statement, without indicating a specific timeframe for the import cuts, Reuters reported.
The ministry has announced in the past few months an increase in the capacity of Kirkuk Oil Refinery as well as plans to rehabilitate parts of the Baiji plant, which used to be Iraq’s largest petroleum processing facility. Iraq is OPEC’s second-largest oil producer after Saudi Arabia. Its refining capacity was curtailed when IS militants overran Baiji, north of Baghdad, in 2014.
Iraqi forces recaptured Baiji in 2015 but it sustained heavy damage.
The country now relies mainly on the Dora refinery in Baghdad and the southern Shuaiba plant.
Iraq Sentences to Death 13 Turkish Women for Links to IS
ERBIL - The central criminal court on Monday has sentenced 13 Turkish women to death by hanging for links to the Islamic State (IS), according to Iraqi sources.
The Iraqi court has issued the sentences after the suspects admitted to have worked for the IS, including helping them in terrorist attacks.
Iraq has began to conduct the trials of several foreign women and their children who have been captured since August by the Iraqi security forces.
The same court had sentenced a number of other Turkish women a few weeks ago who were believed to be linked to the IS jihadists.
America expands its presence in Iraq through a military base in Mosul
Mar 13, 2018
Mosul «Al-Quds Al-Arabi»: revealed a special security source for «Jerusalem Arab» that the US forces are building a military base in Mosul, to be the largest bases in Iraq.
The source, who declined to be named, said, "US forces started to establish their base at the base of Qayyarah air south of the city of Mosul, which was used before withdrawing from Iraq," noting that "it dropped a large number of military vehicles and reconstructed and restored the base after the state organization To destroy them completely before withdrawing from them ».
He pointed out that «the purpose of the US presence in the base is its strategic importance, in addition to training Iraqi forces and to prevent the dangers of the city from any terrorist attacks».
According to the source «US forces will be present in a number of areas of the province, the most important Mosul airport, and also in the area of Hammam al-Alil, in addition to the west of the city».
"The main task of the base will be to support Iraqi forces in maintaining security, as well as training new soldiers and volunteers as they have done previously," he said.
He explained that al-Qaeda «will deal with the Iraqi army forces in terms of support and training and rehabilitation and the provision of some pieces of weapons and military equipment, and this is one of the tasks assigned to them that the presence of these forces and return to Iraq after the deterioration of the security situation and the control of armed groups on large areas of the country» .
According to the source «will be trained new Iraqi forces well-chosen by those Americans, as it did in the past in training the Iraqi army after the dissolution of the former army during the US invasion of the country».
He pointed out that «the base of air Qayyarah will be one of the largest air bases in Iraq in terms of traffic and military mobility and the most vital because of the great attention paid by the US forces located in which are working continuously for the reconstruction and restoration after the destruction by the state organization, which was destroyed and vandalized Before the withdrawal of them and the entry of Iraqi forces and control over them, to be a starting point to restore the rest of the cities and areas of the province during the past year, and the restoration of the entire city ».
The base is one of the most important military bases in Iraq due to its strategic importance and its important location between Mosul and Baghdad, 65 kilometers south of the city of Mosul near the oil-rich Qabayara and other minerals.
According to observers, the US forces are stabilizing the footprints in those areas, after the security incidents in Mosul, had previously taken from that base a major force in the city before the withdrawal of the country completely and handed over to Iraqi forces.
The source, who declined to be named, said, "US forces started to establish their base at the base of Qayyarah air south of the city of Mosul, which was used before withdrawing from Iraq," noting that "it dropped a large number of military vehicles and reconstructed and restored the base after the state organization To destroy them completely before withdrawing from them ».
He pointed out that «the purpose of the US presence in the base is its strategic importance, in addition to training Iraqi forces and to prevent the dangers of the city from any terrorist attacks».
According to the source «US forces will be present in a number of areas of the province, the most important Mosul airport, and also in the area of Hammam al-Alil, in addition to the west of the city».
"The main task of the base will be to support Iraqi forces in maintaining security, as well as training new soldiers and volunteers as they have done previously," he said.
He explained that al-Qaeda «will deal with the Iraqi army forces in terms of support and training and rehabilitation and the provision of some pieces of weapons and military equipment, and this is one of the tasks assigned to them that the presence of these forces and return to Iraq after the deterioration of the security situation and the control of armed groups on large areas of the country» .
According to the source «will be trained new Iraqi forces well-chosen by those Americans, as it did in the past in training the Iraqi army after the dissolution of the former army during the US invasion of the country».
He pointed out that «the base of air Qayyarah will be one of the largest air bases in Iraq in terms of traffic and military mobility and the most vital because of the great attention paid by the US forces located in which are working continuously for the reconstruction and restoration after the destruction by the state organization, which was destroyed and vandalized Before the withdrawal of them and the entry of Iraqi forces and control over them, to be a starting point to restore the rest of the cities and areas of the province during the past year, and the restoration of the entire city ».
The base is one of the most important military bases in Iraq due to its strategic importance and its important location between Mosul and Baghdad, 65 kilometers south of the city of Mosul near the oil-rich Qabayara and other minerals.
According to observers, the US forces are stabilizing the footprints in those areas, after the security incidents in Mosul, had previously taken from that base a major force in the city before the withdrawal of the country completely and handed over to Iraqi forces.
Kauaihn Iraq Articles:dd
Turkish companies express their willingness to play a role in the reconstruction of Iraq
Mar 13, 2018
Erbil - Anatolia: Turkish companies participating in the exhibition held in the Iraqi city of Erbil expressed their willingness to play a leading role in the reconstruction of Iraq.
The exhibition, which opened its doors yesterday, was attended by 87 Turkish companies, some of whom worked in the provinces of Kurdistan region in northern Iraq for years.
Kayhan Yalog, Iraq's sales manager for Iran's Maxarator, said his company aims to reach the annual sales level it had reached before the surge in terrorist acts in Iraq in 2014 - about $ 20 million - by half.
Mustapha Demirel, sales manager for Sina Paints, which exports dyes to Iraq from Bursa four years ago, said that Mosul province has been devastated and that they want to work effectively in the province and double their trade.
Unal Akman, general manager of Amasean Bannu Electrical Industries, said the electricity sector in Iraq had been badly damaged by terrorist acts, so a large budget had to be budgeted for reconstruction. He expressed the readiness of Turkish companies to take a role in the reconstruction of the electricity sector in Iraq.
The exhibition, which opened its doors yesterday, was attended by 87 Turkish companies, some of whom worked in the provinces of Kurdistan region in northern Iraq for years.
Kayhan Yalog, Iraq's sales manager for Iran's Maxarator, said his company aims to reach the annual sales level it had reached before the surge in terrorist acts in Iraq in 2014 - about $ 20 million - by half.
Mustapha Demirel, sales manager for Sina Paints, which exports dyes to Iraq from Bursa four years ago, said that Mosul province has been devastated and that they want to work effectively in the province and double their trade.
Unal Akman, general manager of Amasean Bannu Electrical Industries, said the electricity sector in Iraq had been badly damaged by terrorist acts, so a large budget had to be budgeted for reconstruction. He expressed the readiness of Turkish companies to take a role in the reconstruction of the electricity sector in Iraq.
Iran enjoys good relations with all Iraqi ethnic, religious groups
http://www.irna.ir/en/News/
Baghdad, March 13, IRNA - The Iranian ambassador to Iraq says the Islamic Republic of Iran enjoys good and sincere relations with all Iraqi ethnic and religious groups including Kurds and Feyli Kurdsn a meeting with a group of Iraqi Feyli Kurds at the Iranian embassy, Iraj Masjedi said that the former dictatorial regime of Iraq under Saddam Hussein did many injustice and brutalities against the Feyli Kurds because of their Kurdish origin and being Shia Muslims.
At the meeting, the head of the coalition of Iraqi Feyli Kurds lauded the Islamic Republic's positive stance on Iraq and said Iraq would never forget Iran's role in the fight against Daesh terrorist group.
Verifying the Iranian ambassador's statements about Feyli Kurds and their sufferings during the former Baathist regime of Iraq, he said the Saddam regime forced many Feyli families to migrate to Iran on charge of being of Iranian origin and jailed and then hanged many of their youths in prisons.
Meanwhile, the members of the Kurdish coalition asked Iran to open Mandali border crossing and reopening of Khosravi crossing point at the border with Diyala province of Iraq.
1396**1396
Baghdad, March 13, IRNA - The Iranian ambassador to Iraq says the Islamic Republic of Iran enjoys good and sincere relations with all Iraqi ethnic and religious groups including Kurds and Feyli Kurdsn a meeting with a group of Iraqi Feyli Kurds at the Iranian embassy, Iraj Masjedi said that the former dictatorial regime of Iraq under Saddam Hussein did many injustice and brutalities against the Feyli Kurds because of their Kurdish origin and being Shia Muslims.
At the meeting, the head of the coalition of Iraqi Feyli Kurds lauded the Islamic Republic's positive stance on Iraq and said Iraq would never forget Iran's role in the fight against Daesh terrorist group.
Verifying the Iranian ambassador's statements about Feyli Kurds and their sufferings during the former Baathist regime of Iraq, he said the Saddam regime forced many Feyli families to migrate to Iran on charge of being of Iranian origin and jailed and then hanged many of their youths in prisons.
Meanwhile, the members of the Kurdish coalition asked Iran to open Mandali border crossing and reopening of Khosravi crossing point at the border with Diyala province of Iraq.
1396**1396
Turkey: We reached an understanding with Iraq on the joint operation against the "PKK"
Turkey announced that its talks with the Iraqi government on a possible military operation against the Kurdistan Workers' Party (PKK) in northern Iraq were positive and during which a common understanding was reached on combating the organization.
"The talks with the Iraqi government have been positive, and the Iraqi government has reached a common understanding with Turkey against the terrorist organization. Under this understanding, the Iraqi side will continue," Turkish government spokesman Bakr Bouzdag told a news conference on Monday evening after a cabinet meeting in Ankara. Fight terrorism firmly ".
"When the process begins, everyone will hear about it, and no one should expect me to give a timetable for it. Everyone will know that it started when they see our warplanes and our fighters," Bouzdag said.
Turkish Foreign Minister Mouloud Gawishoglu said last week that Turkey and Iraq would take joint steps against the Kurdish militants of the Kurdistan Workers' Party (PKK) deployed in Iraqi territory.
"Turkey and Iraq intend to carry out a cross-border military operation against the PKK," Gawishoglu said.
He pointed out that Turkey will launch a military operation against the Kurds in northern Iraq after the Iraqi parliamentary elections scheduled for next May, while expressing the hope that the process "olive branch", carried out by the Turkish forces in cooperation with the "Free Syrian Army" against the Kurds in the region Afrin, northern Syria, may end by this month, but he pointed out that "Turkey is able to carry out the operations in Syria and Iraq simultaneously."
Turkey considers the PKK a terrorist organization and has fought for three decades.
According to the Kurdistan Democratic Party (KDP) led by Masoud Barzani, the former Kurdistan Regional Party (PKK), the Kurdistan Workers Party (PKK) is based in northern Iraq and is active in many Iraqi Kurdish towns and cities and occupies 515 Kurdish villages in the region.
Turkish forces occasionally raid the positions of the Kurdish party in northern Iraq, with the aim of preventing infiltration into Turkish territory by Turkish militants, according to Ankara.
The armed conflict between the Turkish authorities and the PKK resumed in July 2015 after the collapse of their truce in March 2013
$ 600 million in Canadian loans and aid to Iraq
3/13/2018 12:00 amNajaf / Hussein al-Kaabi
The Canadian Charge d'affaires in Iraq, Andrew Turner, has announced directly his country's measures to grant Iraq a $ 200 million loan and $ 400 million in humanitarian aid as part of efforts to stabilize the country.
This came during Turner's meeting with the head of Najaf Chamber of Commerce during his visit to the province and meeting with a number of officials recently.
"The government supports Iraq through long-term assistance aimed at developing the work of local governments and strengthening the decentralized system of state administration," said Turner. "The other side of the support is short-term assistance to support displaced people and to provide the food they need. As well as to participate in the clearance of landmines and remnants of war.
He noted that the Canadian government intends to open an office in Baghdad to grant visa and commercial representation, because Iraq has many opportunities to attract companies and investors through the factors of religious diversity and cultural similar to Canadian society.
Turner called on the Iraqi government to facilitate the registration of international companies to help accelerate the development process, noting that the Canadian government supported Iraq in the amount of 180 million dollars within the initiative of the Canadian strategy to support Iraq, which began in 2016 to help develop humanitarian projects and support the displaced and empower women, Health and the political aspect. This initiative will continue until 2019, while a second initiative for the next phase will be considered after the evaluation of the previous initiative and its results.
For his part, said the head of the Najaf Chamber of Commerce Zuhair Sherba: Iraq has begun the stage of reconstruction and development after the elimination of the "da'ash" terrorist, and he needs to rebuild the infrastructure through the investment of wealth and accumulated experience and manpower, as well as cooperation with international companies and Canadian Companies.
He added that there is a serious desire by the Iraqi companies to cooperate with the Canadian companies in the next stage, because it possesses the technology and international expertise that contribute to accelerate the process of reconstruction and development in Iraq, stressing that the province of Najaf has attractive factors for investment is a religious tourism and archaeological city includes many monasteries and churches Archeological sites dating back to pre-Islamic times. On the industrial side, they possess raw materials that enter the various construction industries.
Sherba confirmed that Najaf Chamber of Commerce is ready to cooperate with Canadian companies through the provision of facilities and advisory services to help enter the Iraqi market.
.This came during Turner's meeting with the head of Najaf Chamber of Commerce during his visit to the province and meeting with a number of officials recently.
"The government supports Iraq through long-term assistance aimed at developing the work of local governments and strengthening the decentralized system of state administration," said Turner. "The other side of the support is short-term assistance to support displaced people and to provide the food they need. As well as to participate in the clearance of landmines and remnants of war.
He noted that the Canadian government intends to open an office in Baghdad to grant visa and commercial representation, because Iraq has many opportunities to attract companies and investors through the factors of religious diversity and cultural similar to Canadian society.
Turner called on the Iraqi government to facilitate the registration of international companies to help accelerate the development process, noting that the Canadian government supported Iraq in the amount of 180 million dollars within the initiative of the Canadian strategy to support Iraq, which began in 2016 to help develop humanitarian projects and support the displaced and empower women, Health and the political aspect. This initiative will continue until 2019, while a second initiative for the next phase will be considered after the evaluation of the previous initiative and its results.
For his part, said the head of the Najaf Chamber of Commerce Zuhair Sherba: Iraq has begun the stage of reconstruction and development after the elimination of the "da'ash" terrorist, and he needs to rebuild the infrastructure through the investment of wealth and accumulated experience and manpower, as well as cooperation with international companies and Canadian Companies.
He added that there is a serious desire by the Iraqi companies to cooperate with the Canadian companies in the next stage, because it possesses the technology and international expertise that contribute to accelerate the process of reconstruction and development in Iraq, stressing that the province of Najaf has attractive factors for investment is a religious tourism and archaeological city includes many monasteries and churches Archeological sites dating back to pre-Islamic times. On the industrial side, they possess raw materials that enter the various construction industries.
Sherba confirmed that Najaf Chamber of Commerce is ready to cooperate with Canadian companies through the provision of facilities and advisory services to help enter the Iraqi market.
Iraqi federal government delegation to visit Erbil in preparation for the disbursement of salaries of employees and the unification of taxes. Hundreds of detainees from the "state" organization were handed over to the central government
Mar 13, 2018
BAGHDAD - The governor of the Central Bank of Iraq, Ali Alaq, on Monday, that the delegation of the federal government, which is visiting Erbil is currently working on coordination with the Kurdistan region to standardize taxes, while confirmed the readiness of the bank's branch in Kurdistan to pay the salaries of employees in the event of an order From Prime Minister Haider Abadi.
He said in a conference in Erbil that «the visit of the delegation of the federal government Erbil aims to meet with the Minister of Finance of the Kurdistan region to coordinate on the collection of taxes and standardization and remove problems in this area», noting that «the delegation is working to activate the role of the Central Bank in the Kurdistan region».
He added: «We are working to reach an agreement in this regard tomorrow to facilitate banking operations in the Kurdistan region», pointing at the same time that «the central bank branch in the region ready to pay salaries of employees in the event of an order from the Prime Minister (Haider Abadi).
A delegation from the federal government headed by Alalak, on Sunday, arrived in Erbil to discuss financial files with the Kurdistan Regional Government.
On the other hand, the Kurdistan Regional Government, the reforms carried out by «drastic and not slogans», at a time called for US Ambassador to Iraq Douglas Suleiman, the governments of Baghdad and Erbil to dialogue in order to address outstanding problems and end existing differences as soon as possible.
"We are opening today the office of the Organization for American Development in the Kurdistan region to develop good governance in the administration, and we hope that this joint action is a major step in the development of relations between the region and the states," said Vice President of the Kurdistan Regional Government, Qubad Talabani, in a joint press conference with Suleiman. United Nations.
He added that these relations «will be an important factor to support the reforms carried out by the Kurdistan Regional Government and improve the services provided to citizens».
He continued: «We want to apply the system of decentralization in the administration of the State and provide the best services to citizens, and this support and joint action by the US government proves that the reforms of the Kurdistan Regional Government radical reforms and not just slogans».
Suleiman, stressed that «his country supports the federal government and the Kurdistan Regional Government to carry out reforms», pointing out that «joint action will record all imports and expenses and will provide more transparency in administrative matters».
He hoped that «this program contributes to improving the financial situation of citizens and with the support of the Kurdistan Regional Government, and we support the government of the Territory supports the provision of life and a better future for its citizens».
He called on the federal government and the Kurdistan Regional Government to "dialogue in order to deal with problems and relations and end existing differences as soon as possible."
In parallel, the Kurdistan government announced that it had handed over to the federal government hundreds of elements of the organization of the "Islamic State" detained.
According to a statement by the Coordinator of International Recommendations in the Government of Kurdistan, Dindar Zebari, «the government of the region began a joint operation with Baghdad to hand over detainees urging and provide great facilities for the parties concerned in the federal government to receive».
According to Zebari, "according to the decision of the Court of Inquiry in Asayish (special Kurdish security forces) Erbil, 277 detainees were transferred according to Article III of the Terrorism Act, to the Ninewa Investigation Court of terrorism, through meals and stages that every time 50 to 55 detainees.
The court in Erbil also transferred 576 detainees according to Article Four Terrorism Law No. 13 of 2005 to the Rusafa Investigation Court in Baghdad, through the Ministry of Interior and through the Erbil International Airport, through five stages, each time involving 120 detainees. According to the statement.
Zebari revealed that «the arrest of the authorities of the province 2,652 people accused of belonging to a rapporteur or a link with this organization between 2014 and 2016, and confirmed the authorities belonging to 1100 of them organized, and sentenced them to sentences ranging from three years imprisonment to life according to the type of crimes».
The court cleared 870 of them for "lack of evidence or sufficient and released, and the investigation is ongoing with 682 others on charges attributed to them, with the issuance of the judicial decision to transfer 328 to the Rusafa Court in Baghdad." According to the statement.
A member of the legal committee in the Iraqi parliament, the Kurdish MP Zana Said, revealed the deportation of three files described as «large and chronic» between Baghdad and Erbil to the next government.
He said that «the most prominent of these files is the oil file, as this file can be resolved only after the issuance of the law of oil and gas».
He added that «among the files also, the file of the federal government's demand for the return of the territory to the borders of 2003, and this requires long discussions are not easy», adding that «the third file, is the file management of the disputed areas jointly, and need to talk and a long mechanism can not At this stage solved ».
He added that «these files are chronic and need to clear agreements, and look forward to the coming government to address these files and working to resolve with the region».
He said in a conference in Erbil that «the visit of the delegation of the federal government Erbil aims to meet with the Minister of Finance of the Kurdistan region to coordinate on the collection of taxes and standardization and remove problems in this area», noting that «the delegation is working to activate the role of the Central Bank in the Kurdistan region».
He added: «We are working to reach an agreement in this regard tomorrow to facilitate banking operations in the Kurdistan region», pointing at the same time that «the central bank branch in the region ready to pay salaries of employees in the event of an order from the Prime Minister (Haider Abadi).
A delegation from the federal government headed by Alalak, on Sunday, arrived in Erbil to discuss financial files with the Kurdistan Regional Government.
On the other hand, the Kurdistan Regional Government, the reforms carried out by «drastic and not slogans», at a time called for US Ambassador to Iraq Douglas Suleiman, the governments of Baghdad and Erbil to dialogue in order to address outstanding problems and end existing differences as soon as possible.
"We are opening today the office of the Organization for American Development in the Kurdistan region to develop good governance in the administration, and we hope that this joint action is a major step in the development of relations between the region and the states," said Vice President of the Kurdistan Regional Government, Qubad Talabani, in a joint press conference with Suleiman. United Nations.
He added that these relations «will be an important factor to support the reforms carried out by the Kurdistan Regional Government and improve the services provided to citizens».
He continued: «We want to apply the system of decentralization in the administration of the State and provide the best services to citizens, and this support and joint action by the US government proves that the reforms of the Kurdistan Regional Government radical reforms and not just slogans».
Suleiman, stressed that «his country supports the federal government and the Kurdistan Regional Government to carry out reforms», pointing out that «joint action will record all imports and expenses and will provide more transparency in administrative matters».
He hoped that «this program contributes to improving the financial situation of citizens and with the support of the Kurdistan Regional Government, and we support the government of the Territory supports the provision of life and a better future for its citizens».
He called on the federal government and the Kurdistan Regional Government to "dialogue in order to deal with problems and relations and end existing differences as soon as possible."
In parallel, the Kurdistan government announced that it had handed over to the federal government hundreds of elements of the organization of the "Islamic State" detained.
According to a statement by the Coordinator of International Recommendations in the Government of Kurdistan, Dindar Zebari, «the government of the region began a joint operation with Baghdad to hand over detainees urging and provide great facilities for the parties concerned in the federal government to receive».
According to Zebari, "according to the decision of the Court of Inquiry in Asayish (special Kurdish security forces) Erbil, 277 detainees were transferred according to Article III of the Terrorism Act, to the Ninewa Investigation Court of terrorism, through meals and stages that every time 50 to 55 detainees.
The court in Erbil also transferred 576 detainees according to Article Four Terrorism Law No. 13 of 2005 to the Rusafa Investigation Court in Baghdad, through the Ministry of Interior and through the Erbil International Airport, through five stages, each time involving 120 detainees. According to the statement.
Zebari revealed that «the arrest of the authorities of the province 2,652 people accused of belonging to a rapporteur or a link with this organization between 2014 and 2016, and confirmed the authorities belonging to 1100 of them organized, and sentenced them to sentences ranging from three years imprisonment to life according to the type of crimes».
The court cleared 870 of them for "lack of evidence or sufficient and released, and the investigation is ongoing with 682 others on charges attributed to them, with the issuance of the judicial decision to transfer 328 to the Rusafa Court in Baghdad." According to the statement.
A member of the legal committee in the Iraqi parliament, the Kurdish MP Zana Said, revealed the deportation of three files described as «large and chronic» between Baghdad and Erbil to the next government.
He said that «the most prominent of these files is the oil file, as this file can be resolved only after the issuance of the law of oil and gas».
He added that «among the files also, the file of the federal government's demand for the return of the territory to the borders of 2003, and this requires long discussions are not easy», adding that «the third file, is the file management of the disputed areas jointly, and need to talk and a long mechanism can not At this stage solved ».
He added that «these files are chronic and need to clear agreements, and look forward to the coming government to address these files and working to resolve with the region».
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Opinion | UBS's Pain Will Be Hong Kong's Gain
Bloomberg
The Motley Fool
Bitcoin Price Forecast: Déjà vu Moment for Investors as China Triggers Another Crash
Profit Confidential
Watch John Oliver explain Bitcoin using $15,000 Beanie Babies and rap videos
The Verge
Bitcoin price latest: Value of all biggest cryptocurrencies, including Ripple XRP and ethereum, see huge climb
The Independent
Why Blockchain Will Survive, Even If Bitcoin Doesn’t
The Wall Street Journal
Dollar remains moderately lower vs. other majors Read the full story
Pound to euro exchange rate: Recovery following 'worst levels' and Brexit uncertainty
Express
Rupee trades higher against US dollar ahead of key CPI, IIP data
Livemint
EMERGING MARKETS
Dubai Decrees Itself the A.I. City-State of the Future
TIME
The Mideast Peace Plan Is Nearly Finished. Is It Dead on Arrival?
The New York Times
AFRICA
Asian Equities Advance After U.S. Job Data
Investing.com
China's Xi joins Russia, Zimbabwe in global autocrat club
ABC News
Hong Kong’s stock index futures rise as US job report adds to growth optimism
South China Morning Post
Asia shares rally, yen eases on U.S. inflation relief
Business Insider
European stocks aim for sixth straight win, buoyed by U.S. jobs data
MarketWatch
dd
GLOBAL/NEWS/INFO
Economic Calendar: Top Things to Watch
Investing.com
Warren Buffett Got Rich Using Borrowed Money to Invest, So Why Does He Think You Shouldn't?
The Motley Fool
Investing.com
Economic Indicators Mar 12, 2018 09:57 GMT Investing.com - On Tuesday, look for the February reading of the closely-watched inflation gauge, the Consumer Price Index, CPI. Reports on retail sales and the Producer Price Index, PPI, for February will be released on Wednesday. On Thursday, the Philadelphia Fed Index and NY Empire State Manufacturing Index offer early looks at the economy in March. Adobe Systems (NASDAQ:ADBE) and Broadcom (NASDAQ:AVGO) release quarterly earnings on Thursday. Tiffany Read the full story
The Motley Fool
Buffett beat the market by using borrowed money to make bets on stocks. Why shouldn't you? Read the full story
OIL/COMMODITIES/ENERGY
Opinion: Here’s the ideal amount of gold to keep in your investment portfolio
MarketWatch
Gold Prices Fall as Dollar Held Steady After U.S. Job Data
Investing.com
Gold Prices Hold Steady as U.S. Dollar Mildly Weakens
Investing.com
Oil prices rise on reduced U.S. drilling activity, booming job market
Reuters
MarketWatch
Gold has a place — a small one — in a diverse financial plan, writes Mark Hulbert. Read the full story
Investing.com
Gold prices slipped on Monday as the dollar held stead Read the full story
Investing.com
Gold prices little changed as U.S. dollar softens Read the full story
Crude Oil Prices Move Lower as Optimism Fades
Investing.com
Investing.com
© Reuters. Crude oil loses ground as sentiment wanes Read the full story
Reuters
Oil markets climbed on Monday on the back of a drop in the number of U.S. rigs drilling for more production and as the U.S. economy continued to create jobs, which industry hopes will drive higher fuel demand. Read the full story
BANKS/BANKING/CREDIT
Opinion | UBS's Pain Will Be Hong Kong's Gain
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App OPINION | FINANCE Regulators are sending a message that they take investor protection seriously. MARCH 12, 2018 3:11 AM EDT Hong Kong has used UBS Group AG to send a harsh message to investment banks: Take your job as a gateway to initial public offerings seriously. With deals starting to boom again and the city's exchange planning to allow dual-class shares, regulators are right to adopt a tougher stance. The Securities and Futures Read the full story
China Banking Crisis Warning Signal Still Flashing, BIS Says
Bloomberg
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App University of California’s Shih discusses China’s deleveraging efforts and the possibility of a banking crisis. China, Canada and Hong Kong are among the economies most at risk of a banking crisis, according to early-warning indicators compiled by the Bank for International Settlements. Canada -- whose economy grew last year at the fastest pace since 2011 -- was flagged thanks to its households’ maxed-out credit cards and high debt levels Read the full story
China is at risk of a banking crisis, a central bank body says
CNBC
CNBC
BIS found China's debt — measured by credit-to-GDP gap — surpassing an amount that could lead to a system fallout. The country also has a high level of debt servicing ratio, which made its banking system more vulnerable. Read the full story
China's AgBank to raise up to $15.8 billion via private placement
Reuters
Reuters
Agricultural Bank of China (AgBank), the country's third-largest bank, said on Monday it would raise as much as 100 billion yuan ($15.81 billion) in the biggest A-share private placement by a listed Chinese commercial bank. Read the full story
SoftBank drafts US mobile network chief onto Arm board
The Telegraph
The Telegraph
Japanese technology giant SoftBank has drafted the boss of its US mobile network onto the board of British technology company Arm Holdings. Read the full story
The Most Common Credit Card Fees and How to Avoid Them - The Simple Dollar
The Simple Dollar
The Simple Dollar
Credit cards can be valuable financial tools if used responsibly, but that doesn’t mean there aren’t pitfalls to be aware of. One of the biggest is credit card debt — a consequence you’ll face if you charge more on your card than you can afford to pay back. Still, there are other pitfalls to be aware of when we use credit cards — namely the different fees you might get stuck paying. If your goal is to use credit cards to your advantage, shelling out for extra fees – especially ones you could Read the full story
Add to your bottom line with these 7 smart credit moves
MarketWatch
MarketWatch
Instead of fearing debt, make this financial tool work for you to get you closer to the life you want. Read the full story
Interest rate hikes create 'fragile' economic situation, Marty Feldstein warns
Fox News
Fox News
Rising interest rates create a "very fragile situation," according to Harvard Economics Professor Marty Feldstein. Read the full story
Banks may face card insurance class action
SBS News
Keep calm and carry on with policy normalization, BIS tells central banks
Business Insider
FILE PHOTO: An ibis bird perches next to the Reserve Bank of Australia headquarters in central Sydney Thomson Reuters By Marc Jones LONDON (Reuters) - The recent volatility in global financial markets should not deter top central banks from lifting interest rates or ending years of unprecedented stimulus, the Bank for International Settlements said on Sunday. The latest report from the Switzerland-based group said that after such a long period of calm there were bound to be more market wobbles Read the full story
SBS News
Australian banks are in the firing line from a potential class action from law firm Slater and Gordon over the sale of "worthless" credit card insurance. Read the full story
Business Insider
FILE PHOTO: An ibis bird perches next to the Reserve Bank of Australia headquarters in central Sydney Thomson Reuters By Marc Jones LONDON (Reuters) - The recent volatility in global financial markets should not deter top central banks from lifting interest rates or ending years of unprecedented stimulus, the Bank for International Settlements said on Sunday. The latest report from the Switzerland-based group said that after such a long period of calm there were bound to be more market wobbles Read the full story
TREASURIES/BONDS/STOCKS
Top 5 Things to Know in the Market on Monday
Investing.com
© Reuters. Top 5 Things to Know in the Market on Monday Read the full story
Investing.com
© Reuters. Top 5 Things to Know in the Market on Monday Read the full story
Markets Not Back to 'Goldilocks', Volatility Will Remain High
Bloomberg
Alberto Gallo, portfolio manager at Algebris Investments, and Nicholas Gartside, international chief investment officer of fixed income at JPMorgan Asset Management, discuss market sentiment and their respective thoughts on investing. They speak with Bloomberg's Francine Lacqua on "Bloomberg Surveillance." Read the full story
US Treasury yields mostly rise after 313,000 jobs added last month, auctions in focus
CNBC
At this pivotal moment for the aging bull market, some smart investors are turning to value stocks and gold
CNBC
How Big Is the Stock Market?CNBC
U.S. government debt prices were lower on Monday, following a strong set of nonfarm payrolls data released Friday. Read the full story
CNBC
CNBC asked several Wall Street veterans what advice they would give to average investors with a 12-month time horizon. Read the full story
The Motley Fool
The U.S. stock market is massive, but the bond market is even bigger. Read the full story
INSURANCE/HEALTH
Hearts Get 'Younger,' Even At Middle Age, With Exercise
NPR
The Telegraph
Why Insomnia Might Actually Run In Families
Bustle
NPR
As early as your mid-40s, especially if you're sedentary, your heart muscle can show signs of aging, losing its youthful elasticity and power. But moderately strenuous exercise can change that. Read the full story
2nd fertility clinic has freezer failure
CBS News
Common infections raise risk of heart attacks in same way as obesity and high blood pressure, major study suggestsCBS News
Incident in San Francisco, putting thousands of frozen eggs and embryos at risk, comes as suburban Cleveland clinic has similar occurence Read the full story
The Telegraph
Common infections could double the risk of stroke and significantly increase the chance of a heart attack, new research suggests. Read the full story
Bustle
If you've tried counting sheep, medication, and everything in between to try to get to sleep to no avail, the secret might lie in your genes. According to a new study, insomnia might be genetic. The study, published in the journal Molecular Psychiatr… Read the full story
13 ways one type of exercise is the closest thing to a miracle drug we have
Business Insider
Business Insider
Want an all-natural way to lift your mood, improve your memory, and protect your brain against the decline that comes with aging? Get moving. Exercises that get your heart pumping and sweat flowing - known as aerobic exercise, or "cardio" - have significant and beneficial effects on the brain and body, according to a wealth of recent research, including a new study published Thursday. "Aerobic exercise is key for your head, just as it is for your heart," according to an article in a Harvard Read the full story
CRYPTO'S / DIGITAL CURRENCY
Bitcoin Price Forecast: Déjà vu Moment for Investors as China Triggers Another Crash
Profit Confidential
Daily Bitcoin News Update Investors reckon with another cryptocurrency crash triggered by the Asians. This time, we have the Chinese government to point fingers at. The Chinese government blocked out all access to cryptocurrency exchanges on Friday. This includes any indirect gateways on social media, including through popular messaging app, "WeChat." In particular, two of the world’s largest exchanges, Binance and Bittrex, which were previously forced out of China after the government imposed a Read the full story
The Verge
‘Everything you don’t understand about money combined with everything you don’t understand about computers’ Read the full story
The Independent
Bitcoin and other digital currencies are surging as the market continues to recover. Read the full story
The Wall Street Journal
Forget bitcoin and other cryptocurrencies: Here’s how blockchain, the underlying technology, is actually going to change critical if unsexy functions in shipping, real estate and…diamonds. Read the full story
Cryptocurrency Exchanges: The Key To An Investment Class
Benzinga
Those who cared to invest in one of the most obscure financial assets at the beginning of 2017 laughed their way to the bank at the end of the year. Most digital currencies made heady gains for the year, with bitcoin advancing 1,308 percent. XRP, the Ripple token currency, was up an even steeper 34,742 percent, and Neo soared 50,619 percent. Joining The Bandwagon Investors who believe the cryptocurrency rally has further room to continue have several routes they can take to enter the space. Read the full story
Benzinga
Those who cared to invest in one of the most obscure financial assets at the beginning of 2017 laughed their way to the bank at the end of the year. Most digital currencies made heady gains for the year, with bitcoin advancing 1,308 percent. XRP, the Ripple token currency, was up an even steeper 34,742 percent, and Neo soared 50,619 percent. Joining The Bandwagon Investors who believe the cryptocurrency rally has further room to continue have several routes they can take to enter the space. Read the full story
CURRENCIES
US Department of Treasury Letter: Virtual Currency Services Must Register as Money Services Businesses | Crowdfund Insider
Crowdfund Insider
The US Department of Treasury, Financial Crimes Enforcement Network (FinCEN), recently sent a letter to US Senator Ron Wyden clarifying its stance on cryptocurrency exchanges that these entities must register as Money Services Businesses (MSBs). While the letter from FinCEN signed by Assistant Secretary for... Read More The post US Department of Treasury Letter: Virtual Currency Services Must Register as Money Services Businesses appeared first on Crowdfund Insider. Read the full story
Crowdfund Insider
The US Department of Treasury, Financial Crimes Enforcement Network (FinCEN), recently sent a letter to US Senator Ron Wyden clarifying its stance on cryptocurrency exchanges that these entities must register as Money Services Businesses (MSBs). While the letter from FinCEN signed by Assistant Secretary for... Read More The post US Department of Treasury Letter: Virtual Currency Services Must Register as Money Services Businesses appeared first on Crowdfund Insider. Read the full story
Forex - Dollar Eases as Markets Digest U.S. Jobs Report
Investing.comDollar remains moderately lower vs. other majors Read the full story
Dollar slips as traders bet Fed won’t get aggressive with rate hikes
MarketWatch
The dollar declined on Monday, adding to losses from late last week that came after the closely watched U.S. jobs report dampened expectations of aggressive rate hikes from the Federal Reserve. Read the full story
Express
THE POUND is currently trading against the euro at £1.124, having recovered from last week’s lows. It could continue to struggle in light of an economic ‘short supply’ in data. The pound has recovered against the euro after reaching disastrous lows last week. It is currently trading at £1.124 as of 7:20am this morning, following lows of £1.118 last week. Read the full story
Livemint
Mumbai: The Indian rupee was trading higher against the US dollar ahead of key Consumer Price Index-based (CPI) inflation and Index of Industrial Production (IIP) data due on Monday after 5.30pm. Read the full story
Hong Kong is about to trigger a global financial crisis ... Really?
South China Morning Post
South China Morning Post
The HK dollar is at a three-decade low and armageddon is approaching. That is, if you believe recent headlines. But before you hyperventilate, listen to this Read the full story
USA/CANADA
The world turns on Trump over tariffs
POLITICO
POLITICO
From Brussels to Tokyo to Capitol Hill, the White House faces backlash over its steel and aluminum duties. Read the full story
Trump targets European car-makers with big plants in states he won
POLITICO
POLITICO
The attacks, meant to stir up populist enthusiasm, could backfire if they instead spur fears that jobs in Trump country might be in jeopardy. Read the full story
Northeast preps for 3rd winter storm in the past 10 days
CNN
CNN
A storm system causing severe weather Sunday along the Gulf Coast is forecast to move off the East Coast, turn into a nor'easter and threaten the northeastern US on Monday night into Tuesday. Read the full story
EMERGING MARKETS
Crunch time for Nafta: 300,000 jobs at risk
CBS News
Puerto Rico restored through coral, seeds
7News
CBS News
As President Trump takes a more protectionist stance on trade, economists warn about the costs Read the full story
7News
As crews re-string electric lines and clear debris from Hurricane Maria, a small group of Puerto Rican and international conservationists is working on rebuilding natural wonders destroyed by the strongest storm to hit the island in nearly a century. Environmental groups and volunteers are gathering native seeds to replant forests across the US territory and grafting broken coral back onto shattered reefs to help repair damage in the largest-ever effort of its kind for Puerto Rico. The Category Read the full story
Exclusive: Mexican state pension fund spent millions on failing builder - sources
Reuters
Reuters
Mexico's state workers' pension fund plowed more than $20 million into ICA and became the largest shareholder as the builder spiraled toward insolvency, according to people familiar with the matter, with the fund's investment set to be wiped out in a restructuring. Read the full story
MIDDLE EAST
Dubai Decrees Itself the A.I. City-State of the Future
TIME
The emirate is seeking to turn itself into a hub for global innovation - but what does that mean for more democratic countries? Read the full story
The New York Times
President Trump is likely to present the proposal soon, despite risking swift rejection by the Palestinians and already having taken on another thorny dispute, with North Korea. Read the full story
Israeli politicians suspect Netanyahu seeks election to survive corruption probes
Business Insider
That mega-huge Saudi Aramco IPO? Now a report says it's being pushed back to 2019
CNBC
The IPO of Saudi Arabia's massive oil company could be delayed until 2019 at the earliest, the Financial Times reported. Read the full story
Business Insider
Israeli Prime Minister Benjamin Netanyahu attends the weekly cabinet meeting at the Prime Minister's office in Jerusalem Thomson Reuters By Jeffrey Heller JERUSALEM (Reuters) - A dispute within Israel's governing coalition over military conscription of ultra-orthodox Jewish men stirred speculation on Sunday that Prime Minister Benjamin Netanyahu wants to see a snap election to help him survive corruption investigations. Right-wing and religious parties in the government are divided over the Read the full story
CNBC
The IPO of Saudi Arabia's massive oil company could be delayed until 2019 at the earliest, the Financial Times reported. Read the full story
Zimbabwe: From Cow Dung to Electricity - Lives Change for Chiredzi Villagers
AllAfrica
AllAfrica
For Enock Mangezi cow dung was just another form of manure and floor polish. But a new biogas digester at the home of this 46-year old resident of Pahlela, a village in Zimbabwe's south eastern Chiredzi district, is starting to put a price on the waste matter. "We had no idea that we could get fuel from cow dung," said Mangezi, pointing to a series of concrete tanks in the ground, which produce the biogas, a clean burning fuel extracted from decaying matter. With the share of fuel wood in Read the full story
Zimbabwe: Mugabe Wants His Money in Cash - Report
AllAfrica
AllAfrica
(Photo: The Herald) Former president Robert Mugabe doesn't want to join cash-starved Zimbabwe's bank queues: he wants to get his money out in cash - just like he's always done. It's emerged that the 94 year-old was getting $20 000 a month in cash while he was president - while telling ordinary citizens they should adopt plastic money. Lump sum Now he's asking for a lump sum pay-out of nearly half a million US dollars plus his monthly pension of more than $13 000 in cash, reports the Sunday Mail. Read the full story
Zimbabwe Should Rejoin the Commonwealth Now - Former UK Minister
AllAfrica
AllAfrica
Zimbabwe Should Rejoin the Commonwealth Now - Former UK Minister The bond between the people of Zimbabwe and the Commonwealth is close - and a cautious British Foreign Office position to wait until after "free and fair elections in July" is wrong, writes James Duddridge. He is a UK Member of Parliam Zimbabwe:Zimbabwe Should Rejoin the Commonwealth Now Zimbabwe:Zim, UK On Cusp of Breakthrough Zimbabwe:British PM Sends Envoy Zimbabwe:'Govt Must Uphold Rule of Law' Southern Africa:Zimbabwe, Read the full story
Africa: Charting Where They Hide the Money, 2
AllAfrica
Nigeria: U.S. Secretary of State Tillerson Visits Nigeria Monday
AllAfrica
The U.S. Secretary of State, Rex Tillerson, will arrive in Abuja on Monday for his first official visit to Nigeria. A Press Advisory from the U.S. Embassy said Mr. Tillerson would hold talks with President Muhammadu Buhari on Tuesday. "When he arrives, Tillerson will become the highest ranking official in the Trump Administration to visit Nigeria. "The secretary is expected to hold a press conference at the Presidential Villa on Tuesday by 11.45 a.m. "Tillerson is expected to be joined in the Read the full story
AllAfrica
"Overall, the City of London and [its] offshore satellites constitute by far the most important part of the global offshore world of secrecy jurisdictions. Had we lumped them together, the British network would be at the top of our index, above Switzerland." - Tax Justice Network The Financial Secrecy Index (FSI) for 2018, released by the Tax Justice Network on January 31, is far more than a simple index. It is an in-depth survey as well as ranking of the countries most deeply involved in Read the full story
Zimbabwe: Firm Denies Govt Exports Diamonds on Botswana
AllAfrica
AllAfrica
THE Zimbabwe Consolidated Diamond Company (ZCDC) has disputed reports that it is exporting diamonds to Botswana, but says it is drawing lessons from the neighbouring country's mining and processing of the gems. ZCDC CEO Morris Mpofu said the government had facilitated engagement with entities in Botswana that are involved in the diamond industry. Botswana is one of the largest producers of diamonds in the world with the sector accounting for above 85% of export revenues. Gaborone has also Read the full story
AllAfrica
The U.S. Secretary of State, Rex Tillerson, will arrive in Abuja on Monday for his first official visit to Nigeria. A Press Advisory from the U.S. Embassy said Mr. Tillerson would hold talks with President Muhammadu Buhari on Tuesday. "When he arrives, Tillerson will become the highest ranking official in the Trump Administration to visit Nigeria. "The secretary is expected to hold a press conference at the Presidential Villa on Tuesday by 11.45 a.m. "Tillerson is expected to be joined in the Read the full story
ASIA
Asian Equities Advance After U.S. Job Data
Investing.com
© Reuters. Asian equities extended their gains in afternoon trade Read the full story
ABC News
With China's legislature allowing President Xi Jinping to rule indefinitely, recent history offers sobering reminder that one-man rule is too often accompanied by economic stagnation and war Read the full story
South China Morning Post
March futures contracts up 1 per cent, or 315 points before the spot market opens at 9.30am Read the full story
Business Insider
Visitors look at the TSE bourse in Tokyo Thomson Reuters By Wayne Cole SYDNEY (Reuters) - A relief rally swept across Asian share markets on Monday after the latest U.S. jobs report managed to impress with its strength while also easing fears of inflation and faster rate hikes, a neat feat that whetted risk appetites globally. MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.4 percent. Japan's Nikkei jumped 2 percent, while South Korea rose 0.8 percent. Australia's main index Read the full story
EUROPE
European stocks aim for sixth straight win, buoyed by U.S. jobs data
MarketWatch
European stocks were on track to stretch a winning streak Monday, extending gains along with other global markets after the U.S. jobs report highlighted the health of the world’s largest economy. Read the full story
Theresa May's post-Brexit 'global Britain' pledge is just a 'slogan', MPs warn
The Independent
EU is trying to bully Britain in Brexit talks, say two in three voters
Express
The Independent
Theresa May is in danger of damaging the UK’s reputation because her pledge to create a “global Britain” after Brexit is merely a slogan, MPs warned today. Read the full story
Express
TWO OUT of three voters say the EU is trying to bully Britain in the Brexit talks, a poll revealed yesterday. Support for quitting the bloc remains similar to the level at the historic in-or-out referendum in 2016, the survey also found. Researchers Orb International quizzed more than 2,000 adults in the latest poll about the public’s attitude towards the Brexit talks. It found that 67 per cent of voters from across the political spectrum agreed that “the EU is trying to bully the UK” in the Read the full story
Outlook for UK financial services brightens, assets set to reach £1.5 trillion by 2020, EY finds
The Telegraph
A well-managed Brexit and stronger than expected economic performance will boost the financial services sector in the year ahead, according to an analysis from EY Item Club. Read the full story
The Telegraph
A well-managed Brexit and stronger than expected economic performance will boost the financial services sector in the year ahead, according to an analysis from EY Item Club. Read the full story
Blessed and Highly Favored:
ISX Update:
Kauaihn Chatter:
Value Traded
4,316,093,626
Shares Traded
8,726,609,135
ISX ended in Red
3-12-2018 Newshound Guru Aggiedad77 Article: "World Bank may sanction Iraq for 'non-compliance' " THIS RINGS WELL TO ME...IF IT'S IN PRINT THEN WE HIGHLY SUSPECT IT HAS BEEN DONE...AND I'M SUPPOSING HERE THAT THEY HAVE TAKEN INTO ACCOUNT THE NEEDS OF THE WB AND THE IMF AND THE REST OF THAT THREE-HEADED MONSTER AND THEY ARE WILLING TO COMPLY... ABADI IS PUSHING FOR ACTION WITH REGARD TO DEALING WITH CORRUPTION AND WE'VE SEEN EVIDENCE OF HIM OVERTURNING ROCKS TO GET THE COCKROACHES TO SCURRY AWAY... THAT LONG LINE COMING INTO IRAQ WANTS TO HIRE THEIR WORKERS...YOU RUB MY BACK I'LL RUB YOURS... IMO THEY DO NOT WANT MORE SANCTIONS...THEY DEFINITELY DO NOT NEED THEM... LET THE WORLD SEE ALL YOU HAVE...WELCOME THEM WITH OPEN ARMS...WITH INTERPOL'S HELP GET RID OF THE CORRUPT...
3-12-2018 Newshound Guru Don961 Article: "World Bank may sanction Iraq for 'non-compliance' " more pressure...imo...
3-12-2018 Newshound/Intel Guru Mnt Goat Article quote: “THE STABILITY OF THE EXCHANGE RATE IS AN IMPORTANT STEP IN SUPPORT OF THE NATIONAL ECONOMY AND INCREASE INTERNATIONAL CONFIDENCE IN ALL ITS JOINTS”. Why would they be concerned about international confidence in the dinar if they wanted to stay in a closed, sanctioned economy? ...the goal of all this effort to recover the value of the dinar and I quote – “TO WORK ON THE RECOVERY OF THE IRAQI DINAR AND RAISE ITS MONETARY VALUE AND PURCHASE AGAINST THE US DOLLAR” thus they mean reinstatement on the international arena. Folks the news could not get any better than this. ...I believe this MCP issue is winding down to the last week of the mandated 90 day period by the IMF. The Reinstatement window is getting very close at hand. [post 2 of 2]
3-12-2018 Newshound/Intel Guru Mnt Goat Article: "STABILITY OF THE EXCHANGE RATE, CENTRAL RATE TO MARKET RATE" ...they are talking...about the “CBI program rate vs the Iraqi market rate on the streets” and not the rate to be announced on FOREX when the reinstatement occurs. Quote: "NOTING THAT "THERE ARE INCONSISTENCIES IN THE MARKETS SOMETIMES INDICATE PRICE LEVELS RELATIVE." this...is referring to the market rate vs the “official target” CBI rate called the MCP (multiple currency practice). The IMF needs them to be able to control the rate of their currency in- country first prior to letting it go international. Quote: "The official target price of the dollar is 1200 dinars per dollar," "the gap in the exchange market in the presence of a fixed price adopted by the central is available in many economies, an acceptable change." ...the IMF wants this gap in the market rate vs the central bank rate to be within an acceptable range...this range is +- 2%. [post 1 of 2....stay tuned]
3-12-2018 Newshound/Intel Guru Mnt Goat Article quote: “THE STABILITY OF THE EXCHANGE RATE IS AN IMPORTANT STEP IN SUPPORT OF THE NATIONAL ECONOMY AND INCREASE INTERNATIONAL CONFIDENCE IN ALL ITS JOINTS”. Why would they be concerned about international confidence in the dinar if they wanted to stay in a closed, sanctioned economy? ...the goal of all this effort to recover the value of the dinar and I quote – “TO WORK ON THE RECOVERY OF THE IRAQI DINAR AND RAISE ITS MONETARY VALUE AND PURCHASE AGAINST THE US DOLLAR” thus they mean reinstatement on the international arena. Folks the news could not get any better than this. ...I believe this MCP issue is winding down to the last week of the mandated 90 day period by the IMF. The Reinstatement window is getting very close at hand. [post 2 of 2]
3-12-2018 Newshound/Intel Guru Mnt Goat Article: "STABILITY OF THE EXCHANGE RATE, CENTRAL RATE TO MARKET RATE" ...they are talking...about the “CBI program rate vs the Iraqi market rate on the streets” and not the rate to be announced on FOREX when the reinstatement occurs. Quote: "NOTING THAT "THERE ARE INCONSISTENCIES IN THE MARKETS SOMETIMES INDICATE PRICE LEVELS RELATIVE." this...is referring to the market rate vs the “official target” CBI rate called the MCP (multiple currency practice). The IMF needs them to be able to control the rate of their currency in- country first prior to letting it go international. Quote: "The official target price of the dollar is 1200 dinars per dollar," "the gap in the exchange market in the presence of a fixed price adopted by the central is available in many economies, an acceptable change." ...the IMF wants this gap in the market rate vs the central bank rate to be within an acceptable range...this range is +- 2%. [post 1 of 2....stay tuned]
3-11-2018 Newshound Guru Kaperoni Article: "Alnasiri: Implementation of the Central Bank's strategy contributed to the improvement of the dinar's exchange rate against the dollar" They had a few months with the UST and IMF to figure out a plan to reduce the spread. It seems likely they are ontrack to compliance. We all know the investment won't come if they do not get the market economy going. Time is running out. I believe once it starts, it won't take more than a year to rise to a value we are comfortable with. Seems all we are waiting on now is sustainable compliance with the 2% spread. We just watch and wait and see.
d
Elmer:
Not in today
Artmeister:
Not in today
Catnip:d
*************
d
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ARTICLE 1 (from PM Abadi's website)
No recent postings on PM Abadi's website; most recent one is dated March 11 and has already been shared.
*************
ARTICLE 2
URGENT Parliament to resume its chairmanship Jubouri
2018/3/13 11:47 • 20 times read
Parliament to resume its chairmanship Jubouri
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ARTICLE 3
The United Nations calls on the Iraqi government to support and protect minorities
BAGHDAD, March 12 (Xinhua) - The United Nations on Monday called on the Iraqi government to support and protect minorities from the Yazidis, Christians, Shabaks and Sabean Mandaeans, stressing that Iraq needs all its components of all races and religions to rebuild in a post- The future as a stable and unified state.
"In the wake of recent criminal and terrorist acts against minority citizens in Iraq," the government must take active steps to support and protect these communities in order to ensure the return of minorities who have suffered from oppressive persecution, "said UN Special Representative to Iraq Jan Kubic. And urges religious, political and civic leaders as well as the public to stand by their most vulnerable citizens. "
"Christians are one of the oldest societies in this country, dating back to the early days of Christianity and Mesopotamia," Kubic said. The original population, which in the 1980s numbered about 1.3 million people, has shrunk to an estimated 400,000 today according to their community leaders. They have recently suffered, especially during the past three years, of intimidating terrorism, particularly their communities in the northern province of Nineveh, but they also suffered criminal acts in other parts of the country, including in Baghdad, where three members of a Christian family were killed last Thursday at the hands of Gunmen broke into their house and killed them.
Last week, a Sabean Mandaean citizen was abducted from his shop in Baghdad and his body was later found on a street. In Nasiriyah in the south, another Mandaean citizen was stabbed to death in his shop, but survived after his Muslim neighbors came to find him.
"Iraq derives its strength from its cultural and religious diversity and its rich history. I call on government, religious, political and civil leaders to emphasize this point time and time again - in the new Iraq, where the unity of the people has defeated an oppressive organization, the most vicious terrorist groups, no place for intolerance and discrimination or the targeting and oppression of minorities "He said.
He called on the Iraqi government to support and protect minorities, including Yazidis, Christians, Shabaks, Sabean Mandaeans and others, stressing that Iraq needs all its components of all races and religions to rebuild in the post-future and future prosperity as a stable and unified state. Finished
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ARTICLE 4
Sentenced to life imprisonment for the son of the governor of Najaf and responded to the appeal of the unconstitutionality of saving the salaries of Kurdistan
BAGHDAD, March 11 (Reuters) - The governor of Najaf has been sentenced to life in prison for drug trafficking, sources familiar with the incident said Sunday.
"The Karkh Criminal Court issued a sentence of life imprisonment and a fine of 30 million Iraqi dinars to the son of the governor of Najaf, Jawad Loay al-Yasiri," on charges of trafficking and drug trafficking.
"The Iraqi police arrested the son of the governor of Najaf, Louay al-Yasiri, earlier with a gang of three drug traffickers in the capital with 28 bags of hemp, weighing between 190 grams and 200 grams, as well as hundreds As well as $ 4,000 and a 9-mm pistol, and were put in jail for interrogation.
Separately, the Federal Supreme Court said Sunday that it held its session today in the presence of all its members and considered a lawsuit to request unconstitutional decision of the Kurdistan Regional Government, which includes the application of the savings system for employees and retirees. 1/1/2016 and retroactive. "
The spokesman of the court Ayas al-Samuk, "The Undersecretary of the Prosecutor, Nigervan Barzani, head of the Kurdistan Regional Government in addition to his job has attended to the pleading and submitted a request for a response to the case," noting that "the Federal Supreme Court issued a ruling to respond to the case that the decision contested unconstitutional Issued by the federal authorities stipulated in Article (47) of the Constitution, and according to the hierarchy (legislative, executive and judicial), but issued by a regional authority, and that decision of the administrative decisions that the law is a way to challenge, and out of the jurisdiction of the Federal Supreme Court Provided In article (93) of the Constitution, and Article (4) of its law No. (30) for the year 2005. "
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ARTICLE 5
Opening of the Traffic Marking Lab in Baghdad
2018/3/12 22:08
[Baghdad: where]
The Ministry of Industry and Minerals has opened a factory for the manufacture of traffic signs at the steel structures factory of the General Company for Steel Industries after a suspension for many years.
"The company has been able to work independently to rehabilitate the plant in full over three months," said General Manager of the General Company for Steel Industries Jalal Abbas Hussein in a press release.
He explained that "advanced machines have been added to work according to the latest international technology and modern designs for the production of traffic signs and signs, advertising signs, publications and posters of all kinds and reflectors ground and signs of vehicles and numbers of alleys and roles and many of the work that is accurate and quality."
"A new production line has been installed to manufacture rotary electric signs," he said. "The traffic signs factory is ready to meet the demands of the General Traffic Directorate, the Municipality of Baghdad and the municipal departments in the governorates."
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ARTICLE 6
Iraq receives international certificate by destroying banned chemical weapons residues
2018/3/13 13:21 • 9 times read
[Ayna-Baghdad]
The Organization for the Prohibition of Chemical Weapons (OPCW) in The Hague granted Iraq a formal certificate of ending its international obligations to destroy banned chemical weapons residues
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TNT CC Cliff Notes, Monday, March 12, 2018 by Sunny
Highlights of TNT conference call. Updated as the call progresses.
Ray: . . . No updates over the weekend. Iraq back and forth, approved, not approved. IMF rejected, no it was good. All that foolishness. A bunch of political foolishness. I did not send that stuff out.
Tony: Gooooooooooood Afternoon, TNT. Told a couple of days the value was going to change. Meeting with the Kurd's today and tomorrow. Will make changes in the budget which does not require a re-vote. Expect the budget on Wed., if you guys still care.
Told it would start today, tomorrow. Employees told no vacation, no time off. We got specific times today to look for it. Supposed to start this morning. They requested a delay so they could bring everybody up to speed. We'll see what happens. That's from both our people here and there and the banking people.
Told the NDA was finalized but we don't have it. Told the 800 #'s out but we don't have them.
We heard about people getting paid over the weekend and people scheduled to get paid today. The guy with 10 ZIM notes was told to come back this week. According to information we've been told prior to the 15th. Today is the 12th.
Tomorrow is my anniversary so I won't get mad but I'd rather get paid today. We are waiting for the bank to start. Exchange was supposed to start at 10 AM this morning.
This morning at 10 am they were supposed to get started but they wanted to run some exchanges through first so they did not get lost in the crowd. Supposedly that is what is going on right now.
CURRENT WINDOW: Tony: Exchange was supposed to start at 10 AM this morning. A delay was requested so they could get caught up administratively. We are waiting for the bank to start. The window is open and they could go at any moment right now.
They have a 12 hour window to activate it today. Hopefully we will get the 800 #'s right before they activate it.
IRAQ: Ray said there was "political foolishness" in Iraq this weekend with reports of budget on again, off again and the IMF rejecting the budget, etc.
Kurd's - Iraq is meeting with the Kurd's both today and tomorrow.
Budget: There will be changes made to the budget but this will not require a re vote. It is to be published in this coming Wednesday's Gazette. Tony: . . . if you still care by then.
Parliament
TV / Mosques
Budget: There will be changes made to the budget but this will not require a re vote. It is to be published in this coming Wednesday's Gazette. Tony: . . . if you still care by then.
Parliament
TV / Mosques
INTERNATIONAL:
Canada
IMF, UST and Iraq know the exact moment it's going to happen.
Currencies
IMF, UST and Iraq know the exact moment it's going to happen.
Currencies
UNITED STATES:
Banks: A delay was requested so they could get caught up administratively. Bank of America and Wells Fargo are the two lead banks to start the exchange. Tony: Still some differences between what we are being told and what the banks are being told.
Taxes: All currencies exchanged are part of this non-taxable event unless your in a group. Groups are a different category and are taxable. Tony: 11% tax was written into their contracts.
800 #’s: Tony: Will have to do one more call before giving out the 800 #'s so everyone will know the rules of engagement.
NDA completed but still not in Tony's hands.
Veterans: There is some consideration for veterans. Tony was going to check on it.
Taxes: All currencies exchanged are part of this non-taxable event unless your in a group. Groups are a different category and are taxable. Tony: 11% tax was written into their contracts.
800 #’s: Tony: Will have to do one more call before giving out the 800 #'s so everyone will know the rules of engagement.
NDA completed but still not in Tony's hands.
Veterans: There is some consideration for veterans. Tony was going to check on it.
EXCHANGING: Tony: Still saying the banks cannot absorb this amount of currency unless (pause) a bank decides to do it on it's own.
Under $1 million exchanged funds see a teller.
$1 million to $10 million exchanged funds see the teller to be referred to a private banker.
Over $10 million exchanged funds will call the 800 # and get an appointment with a wealth manager.
Exchange fee: .005 or .0025. Tony said when they calculated it the fee was came out to $1,000 per million dollars.
Lifetime limit for all currencies is (1) one billion dollars.
ZIM Information:
First Exchange is limited to the equivalent of (1) one 100 Trillion note. (can be two 50 Trillion notes) And you can try other combinations as Tony says, "nothing beats a failure but a try."
Lifetime Exchange limit on the ZIM is the amount of (10) ten 100 Trillion notes or (1) one billion dollars. Tony: This program was not put in place for that.
No exemptions or stipulations for senior citizens.
Tony: We are waiting to get a call back and clarification on the ZIM. We told you one way and the banks are having conference calls and being told something different.
ABOUT ASKING STRATEGY QUESTIONS:
Tony: Asking questions, your giving away strategies I'm not sure you want to. It changes the rules of the game to the way they want it to go.
Q & A: TNT Forum
Q. - Can my wife exchange 10 million and I exchange 4 million so we can both get the contract rate? Ray: Marriage is based on the concept of two become one. Don't be surprised if they say no. We've expressed we do not want to be involved in circumvention.Q. - Will we have the option to put the currency in a foreign currency
account until we are ready to exchange. Tony: Ask your wealth manager.
Q & A: Callers
Q. - My understanding was the Admirals group would go first and kick this whole thing off. Tony: We been hearing about the Admiral's group for years. It is a legitimate group. There were 300 groups that went through the treasury. What was supposed to happen is the internet people and group people were to go at the same time. We are going to exchange and get paid that day. They are going through paymasters and wait. Some of them may not get paid for weeks while their paymaster is trying to figure it all out. They signed contracts and sent their money into those groups, which they will probably never see again. China was doing this because China could not get involved as they needed it to buy the oil from Iraq.
Q. - Will the veterans program cover their widows. We've lost a bunch of the veterans waiting for this. Ray: They are going to do something different.
Q. - My broker told me it was a live rate at $11.74 and it was 4:30 and I could not get into the city to exchange. The next morning it was back to .1183. Tony: Your broker told you it was a live rate. Caller: Yes, sir.
Q. - Tony:
Q. - Tony:
CLOSING STATEMENT’S:
Tony . . . All I can tell you is we gave you the latest greatest that we had today, what we got over the weekend from our sources, bankers, committee members and Iraq. That's what we got over the weekend and this morning. Just waiting to see what happens and where it goes. Supposedly a 12 hour window. Did not see a memo. Bankers talking to bankers and then we verified it.
All we can do is wait and know it is happening. Iraq said show in a couple of weeks to a couple of days. . . I'm just going to let it ride out. Should be this week with everything we are hearing. Once it comes out pick the plan your going to go with.
I'm hoping this is our last call. Pay attention to Twitter. We'll send something out if something happens.
Ray . . .Reminder the best of us. When the information comes out identify with why you are going. Contract rate . . .leverage opportunity . . . 1st mouse, 2nd mouse. Keep believing. We sure do. (played "I Believe.")
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