Word on the Street Wednesday 3/28/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,169.0000 | 1,169.0000 | 1,169.0000 | | 20:00 |
| USD/VND | | | 22,784.5000 | 22,492.0000 | 22,492.0000 | | 07:08 |
| USD/CNY | | | 6.2932 | 6.2581 | 6.2818 | | 07:08 |
| USD/KWD | | | 0.2991 | 0.2983 | 0.2991 | | 07:06 |
| GBP/USD | | | 1.4200 | 1.4136 | 1.4175 | | 07:08 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,761.0000 | 13,712.0000 | 13,727.0000 | | 07:00 |
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DC NY Iraq Articles:dd
The Presidency of the Republic objects to the publication of the Budget Law in the Official Gazette
Release Date: 2018/3/28 13:20 • 13 times read
{Baghdad: Al-Furat News} The Presidency of the Republic objected to the publication of the Financial Budget Law 2018, in the Official Gazette.
In a letter to the Ministry of Justice, the Director of the Office of the President of the Republic, Nizar Mohammed Said, said that "the ratification and issuance of draft laws is through the Presidency of the Republic, based on the provisions of item {III} of Article {73} of the Constitution and therefore the General Secretariat of the Council of Ministers Or the Iraqi facts department to grant any issued legislation. "
He added that "the Secretariat General of the Council of Ministers, writing to you the publication of the Federal Budget Law for the year 2018, is a clear violation of the provisions of the Constitution and the law of publication in the Official Gazette No. 78 of 1977, and the body that publishes the law without notice of this presidency legal accountability.
Said expressed hope that the ministry "to approach the Iraqi facts not to publish the law mentioned in the Official Gazette unless it is notified of the publication of the presidency of the Republic."
The President of the Republic Fuad Masum, announced on 13 March, the re-draft the federal budget bill for the Republic of Iraq for the fiscal year 2018 and voted by the Council on 3/3/2018, to the House of Representatives to re-examine the form and content of the constitutional, legal and financial, Noting that there are about 31 points intersect with the legislation in force. "
The Speaker of the House of Representatives Salim al-Jubouri that the draft budget law became a law after the vote by the Council and any remarks can be fixed on the origin of the law and challenged in the Federal Court.
He added that "the Secretariat General of the Council of Ministers, writing to you the publication of the Federal Budget Law for the year 2018, is a clear violation of the provisions of the Constitution and the law of publication in the Official Gazette No. 78 of 1977, and the body that publishes the law without notice of this presidency legal accountability.
Said expressed hope that the ministry "to approach the Iraqi facts not to publish the law mentioned in the Official Gazette unless it is notified of the publication of the presidency of the Republic."
The President of the Republic Fuad Masum, announced on 13 March, the re-draft the federal budget bill for the Republic of Iraq for the fiscal year 2018 and voted by the Council on 3/3/2018, to the House of Representatives to re-examine the form and content of the constitutional, legal and financial, Noting that there are about 31 points intersect with the legislation in force. "
The Speaker of the House of Representatives Salim al-Jubouri that the draft budget law became a law after the vote by the Council and any remarks can be fixed on the origin of the law and challenged in the Federal Court.
Tish's Response: It is no surprise he never signed the budget , so of course he doesn't want it in the gazette. I don't think it will delay anything. The legal 15 days have passed. Its's done.
The central bank's reserves rose to more than 50 billion dollars
Editorial Date: 2018/3/28 9:33 • 236 times read
{Baghdad: Al-Furat News} The Central Bank disclosed that the reserve exceeded the $ 50 billion.
"The central bank's cash reserves now exceed 50 billion dollars," the bank's governor Ali al-Aalak said in a press statement. "This ratio is among the normal rates in terms of local currency and in accordance with the International Monetary Fund's agreed standards."
He added that "the central bank continues to print the local currency because of the damage and aging in order to maintain the balance between the offer of local currency and reserve, and this central role of the Central Bank," pointing out at the same time, "that what is raised from time to time for falsification of the currency exaggerated In which the bank has the tools capable of detecting any fraud. "
Al-Alak stressed that "the percentage of forgery found and discovered by the bank does not exceed 6 sheets per million paper, and when discovered, are imposed large fines on banks or entities that deposit
He added that "the central bank continues to print the local currency because of the damage and aging in order to maintain the balance between the offer of local currency and reserve, and this central role of the Central Bank," pointing out at the same time, "that what is raised from time to time for falsification of the currency exaggerated In which the bank has the tools capable of detecting any fraud. "
Al-Alak stressed that "the percentage of forgery found and discovered by the bank does not exceed 6 sheets per million paper, and when discovered, are imposed large fines on banks or entities that deposit
Iraq reveals a proposal to extend the agreement to reduce oil production for six months
Release date: 2018/3/28 12:41 • 59 times read
(Reuters) - Oil-exporting countries have proposed a six-month extension of the OPEC-Opec supply cut, oil minister Jabbar al-Luaibi said on Wednesday.
Al-Allaibi did not mention the countries that proposed extending the agreement six months.
OPEC and non-OPEC producers, led by Russia, agreed in November to extend oil production cuts to the end of 2018 in a bid to defuse global supply oversupply, hinting that an early exit could be made if prices in the market rose too high.
OPEC and non-OPEC producers, led by Russia, agreed in November to extend oil production cuts to the end of 2018 in a bid to defuse global supply oversupply, hinting that an early exit could be made if prices in the market rose too high.
URGENT Kurdistan cabinet approves new system to save regional salaries
Date of release: 2018/3/28 12:28 • 219 times read
(Baghdad: Al Furat News) The Council of Ministers of the Kurdistan region in its meeting on Wednesday, the new system to save in the salaries of employees in the region.
A source in the Kurdistan Regional Government said earlier in the day that a meeting between the prime minister and his deputy, the finance minister, a number of advisers and the secretary of the cabinet to prepare and approve a final schedule of the salary system.
According to the information obtained, the employees at the level of 3 to 10, the percentage of savings in their salaries from 10% to 30% and 1 to 2 savings rate in their salaries is 40%, with the percentage of savings in the salaries of special grades as they are between 75% and even 80% and that related to managers and general managers, the percentage of savings reduction in their salaries from 75% to 40%
According to the information obtained, the employees at the level of 3 to 10, the percentage of savings in their salaries from 10% to 30% and 1 to 2 savings rate in their salaries is 40%, with the percentage of savings in the salaries of special grades as they are between 75% and even 80% and that related to managers and general managers, the percentage of savings reduction in their salaries from 75% to 40%
Action: Launch of the first loan meal early April
Editorial Date: 2018/3/28 10:46 • 102 times read
(Baghdad: Al Furat News) The Ministry of Labor and Social Affairs will kick off early next April the first of the names covered by the lending programs granted by it, confirming its success in training more than 72 thousand unemployed people within four years.
The spokesman for the ministry, Ammar Menem said in a press statement, "The ministry will launch through its website in early April, the names of the first meal of those covered by loans."
"The Department of Employment and Loans in the Ministry has completed all administrative and financial procedures for the launch of the first meal of small income-generating loans for those covered by the applicants through the website of the Ministry."
He added that "the amount of the loan granted to applicants ranges from 5-10 million dinars paid in the form of annual installments for five years," noting that "the grace period does not exceed three months in order to promote the treatment of those who appear in the meals loans," noting that " Minister of Labor Mohamed Shiaa al-Sudani instructed to simplify the procedures for applying for loans to stimulate the private sector and reduce the phenomenon of unemployment.
Menem pointed to his ministry's keen efforts to encourage young people of both sexes to enter the free business system and promote the culture of work in this field, as well as vocational training on how to open and develop small projects, explaining the challenges facing the state, The problem of increasing unemployment and poverty, and expressed the hope to provide support to vulnerable groups in society, especially young people through small and medium enterprises.
"The ministry has a great role in developing the country's human resources professionally and qualifying them according to the requirements of the labor market through the participation of the unemployed in vocational courses. The number of trainees reached 72,903 trainees, helping them to recruit in the public and private sectors. Soft loans to support income-generating enterprises ".
He pointed out that "the ministry is implementing a solid strategy to stimulate the private sector in order to provide decent work opportunities for the unemployed and combat the child labor and regulate the work of the informal sector through the development of laws and legislation to protect workers in this sector."
"The Department of Employment and Loans in the Ministry has completed all administrative and financial procedures for the launch of the first meal of small income-generating loans for those covered by the applicants through the website of the Ministry."
He added that "the amount of the loan granted to applicants ranges from 5-10 million dinars paid in the form of annual installments for five years," noting that "the grace period does not exceed three months in order to promote the treatment of those who appear in the meals loans," noting that " Minister of Labor Mohamed Shiaa al-Sudani instructed to simplify the procedures for applying for loans to stimulate the private sector and reduce the phenomenon of unemployment.
Menem pointed to his ministry's keen efforts to encourage young people of both sexes to enter the free business system and promote the culture of work in this field, as well as vocational training on how to open and develop small projects, explaining the challenges facing the state, The problem of increasing unemployment and poverty, and expressed the hope to provide support to vulnerable groups in society, especially young people through small and medium enterprises.
"The ministry has a great role in developing the country's human resources professionally and qualifying them according to the requirements of the labor market through the participation of the unemployed in vocational courses. The number of trainees reached 72,903 trainees, helping them to recruit in the public and private sectors. Soft loans to support income-generating enterprises ".
He pointed out that "the ministry is implementing a solid strategy to stimulate the private sector in order to provide decent work opportunities for the unemployed and combat the child labor and regulate the work of the informal sector through the development of laws and legislation to protect workers in this sector."
d
Kauaihn Iraq Articles:dd
OPEC Secretary General: Oil can not be stabilized without Iraq
Editorial Date: 2018/3/28 8:51 • 207 times read
The Secretary-General of the Organization of Petroleum Exporting Countries OPEC, Mohamed Barkando, said that oil prices can not be stabilized in accordance with the decision to cut production without Iraq.
A statement to the ministry received the agency {Euphrates News} a copy of it, that "the oil minister Jabbar Ali Hussein al-Allaibi received Barkindo and the accompanying delegation, and during the meeting to emphasize support for the stability of the oil market."
The oil minister stressed "the need for continued fruitful cooperation between Iraq and members of the Organization of the Petroleum Exporting Countries in order to achieve greater stability of world markets," stressing that "OPEC decisions contributed to stop the deterioration of oil prices."
For his part, praised the Secretary-General of the Organization of the Petroleum Exporting Countries as "the pivotal minister in achieving the achievement of OPEC's decision to reduce production, as Iraq is the second largest producer of oil within OPEC, without which stability can not occur and therefore the role played by Iraq was positive and important, which helped and led to stability The oil market, as well as the rise in oil prices globally. "
The Organization of Petroleum Exporting Countries (OPEC) Secretary-General, Mohamed Barkando, arrived in Baghdad on Monday and held several official meetings
The oil minister stressed "the need for continued fruitful cooperation between Iraq and members of the Organization of the Petroleum Exporting Countries in order to achieve greater stability of world markets," stressing that "OPEC decisions contributed to stop the deterioration of oil prices."
For his part, praised the Secretary-General of the Organization of the Petroleum Exporting Countries as "the pivotal minister in achieving the achievement of OPEC's decision to reduce production, as Iraq is the second largest producer of oil within OPEC, without which stability can not occur and therefore the role played by Iraq was positive and important, which helped and led to stability The oil market, as well as the rise in oil prices globally. "
The Organization of Petroleum Exporting Countries (OPEC) Secretary-General, Mohamed Barkando, arrived in Baghdad on Monday and held several official meetings
US official to visit Iraq and Turkey
Editorial Date: 2018/3/28 11:22 • 136 times read
{International: Euphrates News} US Assistant Secretary of State for Political and Military Affairs, Tina Kaidanou, visits Iraq and Turkey and meets senior officials of the two countries.
A statement issued by the State Department said that Kaidanu "will visit Iraq and Turkey from March 28 to April 3 and meet with senior officials of both countries."
According to the statement, she will meet in Ankara with officials of the Turkish foreign and defense ministries and discuss with them security issues and bilateral relations between the two sides in the fields of trade and defense, and will meet during her visit to Iraq with senior officials of the country and discuss with them security issues.
According to the statement, she will meet in Ankara with officials of the Turkish foreign and defense ministries and discuss with them security issues and bilateral relations between the two sides in the fields of trade and defense, and will meet during her visit to Iraq with senior officials of the country and discuss with them security issues.
SELEMAN: Washington supports a non-sectarian Iraqi government that serves all the components
The US ambassador to Baghdad, Douglas Silliman, said his country would support a moderate, non-sectarian government serving all the Iraqi people.
Sileman said in a press statement that Washington will not support any party or political party in the Iraqi elections, revealing that his country received a request from the Electoral Commission in Iraq to support them in the upcoming legislative elections.
Sileman said that the International Alliance confirmed earlier that Iraqi forces have a good plan to protect the elections, denying participation in the plan to secure, adding that it is very difficult to manipulate and rigging in the elections because the new system used to a high degree of accuracy and does not allow any manipulation as he put it .
Taxation: Tax evasion in Iraq 70%
Release Date: 2018/3/28 10:03 • 252 times read
(Baghdad: Al-Furat News) The General Authority for Taxation revealed the formation of committees to survey the unregistered tax stores in coordination with the Operations Command in Baghdad and the provinces.
"The budget law of the current year is in line with the tax policy of the Ministry of Finance, which stipulates the acquisition of 5 percent as a sales tax on malls and large shopping centers," said the director general of the Authority, Abbas Abbas, in a press statement. Direct, as it is not possible to include small shops with this tax. "
She added that "the Authority took care to exclude medicines and some foodstuffs such as flour, rice, sugar and oil from the sales tax," pointing out at the same time that "the amount of sales tax will be added to the bill, as the Authority will organize the electronic kiosks for malls and large shops, and barbershops and beauty centers Are also taxed. "
As for restaurants and hotels, it was declared as "covered by the decision of 36 in 2003 and by 10 percent, but only for first class restaurants and excellent, but the budget this year included all the foods and restaurants, taking into account the popularity of them," noting that "the Commission aims to reach an investigation Five trillion dinars this year, as revenues to the state treasury and according to the budget, at a time when the rate of tax evasion in the country to 70 percent.
The Director General of the General Authority for Taxation, the coordination with the Operations Command in Baghdad and the provinces to conduct a comprehensive survey on the shops and sources of income and sites not registered in the tax through joint dividers, "explaining," The Commission had succeeded in reducing the evasion to raise the financial revenues of taxes to more than 10 Trillions dinars ".
"The Authority has recently issued decisions to prevent the travel of those convicted of tax evasion, especially since this is based on the tax law." The department also coordinated with the health services and municipalities to stop renewing professional vacations in the event of refraining from tax accounting, Central Bank to hand over the annual transfer statements to the tax account. "
She added that "the Authority took care to exclude medicines and some foodstuffs such as flour, rice, sugar and oil from the sales tax," pointing out at the same time that "the amount of sales tax will be added to the bill, as the Authority will organize the electronic kiosks for malls and large shops, and barbershops and beauty centers Are also taxed. "
As for restaurants and hotels, it was declared as "covered by the decision of 36 in 2003 and by 10 percent, but only for first class restaurants and excellent, but the budget this year included all the foods and restaurants, taking into account the popularity of them," noting that "the Commission aims to reach an investigation Five trillion dinars this year, as revenues to the state treasury and according to the budget, at a time when the rate of tax evasion in the country to 70 percent.
The Director General of the General Authority for Taxation, the coordination with the Operations Command in Baghdad and the provinces to conduct a comprehensive survey on the shops and sources of income and sites not registered in the tax through joint dividers, "explaining," The Commission had succeeded in reducing the evasion to raise the financial revenues of taxes to more than 10 Trillions dinars ".
"The Authority has recently issued decisions to prevent the travel of those convicted of tax evasion, especially since this is based on the tax law." The department also coordinated with the health services and municipalities to stop renewing professional vacations in the event of refraining from tax accounting, Central Bank to hand over the annual transfer statements to the tax account. "
The Turkish army begins building a military base near the Iraqi border
aljournal March 28, 2018
Baghdad - Journal News
The Turkish army has begun building a military base near the Iraqi border, the Anatolia news agency reported Wednesday.
According to the agency, the base is being built at an altitude of two thousand and 400 meters above sea level, in the Balqaya mountains in the district of Shamdini in the state of Hakkari in southeastern Turkey, near the border with Iraq.
"The building of the base comes to prevent the passage of terrorists from the Iraqi border and to ensure the security of the border," it quoted security sources as saying.
Troops move with the help of ropes and pulleys across the mountains and the slopes, as part of their relentless efforts to build the new military base.
This comes in conjunction with statements made by Turkish President Recep Tayyip Erdogan, during this week, in which he said that his country will lead a military operation in Sinjar district of Nineveh province of Iraq, to pursue elements of the PKK. d
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Opinion | The Financial Crisis Isn't Over for Students
Bloomberg
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Ethereum plunges to its lowest price of 2018
Business Insider
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One expert said the majority of initial coin offerings, or ICOs, are scams — but it's still a booming business. Read the full story
Bitcoin fell 7 percent Monday to below $8,000 after Twitter announced it would ban advertising for cryptocurrencies. Read the full story
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Yuan rallies on expectations that China will further open up its markets
South China Morning Post
The currency rallied after China’s central bank lifted its daily reference rate, as the two countries began talks on improving US access to mainland markets Read the full story
INSURANCE / HEALTH
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Commerce Department says citizenship question will be reinstated in 2020 Census
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In a controversial move, the Commerce Department announced Monday that the question of citizenship will again be included in the 2020 Census. Read the full story
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Gold recovers on Mother’s Day in UAE - Analysis
Mubasher
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Israeli police have questioned Prime Minister Benjamin Netanyahu over his alleged dealings with the country's largest telecommunication company, Israel Radio said on Monday, in one of three corruption cases weighing on the leader's political future. It was the second time the prime minister had been questioned in the investigation. He is suspected of awarding regulatory favours to Bezeq Telecom Israel in return for favourable coverage on a news site the company's owner controls. Netanyahu has Read the full story
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Business Insider
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China Industrial Profits up 16.1% in Jan-Feb, but Growth Slows from 2017
Investing.com
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GLOBAL/NEWS/INFO
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How to Find and Remove All the Apps Tracking You on Facebook
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OIL/COMMODITIES/ENERGY
Gold is breaking out, and a perfect storm may be brewing for a bigger rally
CNBC
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Gold Prices Pull Back from 5-Week Highs
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Gold at Five-Week High Amid Russia Geopolitical Tensions
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Oil Steadies Below 8-Week Highs As Focus Shifts to U.S. Supply Data
Investing.com© Reuters. Oil prices hold below 8-week highs Read the full story
Crude Oil Prices Settle Lower on Profit Taking, Rising US Output
Investing.comCommodities Mar 26, 2018 18:34 GMT Investing.com – WTI crude oil prices settled lower on profit taking and renewed focus on growing U.S. output amid a rise in domestic oil rigs but losses were limited as traders anticipated a disruption in Middle East oil supplies amid ongoing tensions in the region. On the New York Mercantile Exchange crude futures for May delivery fell 0.33 cents to settle at $65.55 a barrel, while on London’s Intercontinental Exchange, Brent fell 34 cents to trade at $69.47 a Read the full story
BANKS/BANKING/CREDIT
Strict credit terms weigh on personal loans in UAE – C. bank
Mubasher
Dubai – Mubasher: Personal loans have not seen any change since the end of 2017, standing at AED 337 billion, according to an official statement released on Tuesday by the Central Bank of the UAE. The stability of the figure of these loans stemmed … Read the full story
Non-stop business knowledge Get more on The Bloomberg App OPINION | FINANCE If this about protecting the investment bank, then chairman Achleitner is on shaky ground. MARCH 27, 2018 10:00 AM EDT There's dysfunctional, and then there's Deutsche Bank AG. The German lender wants to replace CEO John Cryan as tensions between him and chairman Paul Achleitner boil over, according to The Times of London. That probably wouldn't solve anything. The lender's problem is one of strategy rather than Read the full story
FILE PHOTO - Deutsche Bank CEO Cryan speaks during the bank's annual general meeting in Frankfurt Thomson Reuters Deutsche Bank is seeking to replace Chief Executive John Cryan amid an intensified boardroom row over the bank's future and alarm at its performance, the Times newspaper reported on Monday. Germany's largest bank has approached Richard Gnodde, a senior executive of Goldman Sachs , to take on Cryan's role less than two years into his tenure, the newspaper said. Deutsche Bank was not Read the full story
Bank of America Merrill Lynch (BAML) and Credit Suisse on Tuesday reported mean gender pay gaps in their British operations of 28.7 percent and 39.2 percent respectively. Read the full story
Read more: https://www.cnbc.com/2018/03/
Mubasher
Dubai – Mubasher: Personal loans have not seen any change since the end of 2017, standing at AED 337 billion, according to an official statement released on Tuesday by the Central Bank of the UAE. The stability of the figure of these loans stemmed … Read the full story
Opinion | Deutsche Bank Lynch Mob Goes After the Wrong Man
BloombergNon-stop business knowledge Get more on The Bloomberg App OPINION | FINANCE If this about protecting the investment bank, then chairman Achleitner is on shaky ground. MARCH 27, 2018 10:00 AM EDT There's dysfunctional, and then there's Deutsche Bank AG. The German lender wants to replace CEO John Cryan as tensions between him and chairman Paul Achleitner boil over, according to The Times of London. That probably wouldn't solve anything. The lender's problem is one of strategy rather than Read the full story
Deutsche Bank seeks to replace CEO with Goldman executive: report
Business InsiderFILE PHOTO - Deutsche Bank CEO Cryan speaks during the bank's annual general meeting in Frankfurt Thomson Reuters Deutsche Bank is seeking to replace Chief Executive John Cryan amid an intensified boardroom row over the bank's future and alarm at its performance, the Times newspaper reported on Monday. Germany's largest bank has approached Richard Gnodde, a senior executive of Goldman Sachs , to take on Cryan's role less than two years into his tenure, the newspaper said. Deutsche Bank was not Read the full story
Bank of America Merrill Lynch, Credit Suisse disclose UK pay gaps
ReutersBank of America Merrill Lynch (BAML) and Credit Suisse on Tuesday reported mean gender pay gaps in their British operations of 28.7 percent and 39.2 percent respectively. Read the full story
Broker TD Ameritrade back up after suffering apparent outage for some clients
Some clients of online broker TD Ameritrade suffered an apparent outage on Monday, with some unable to access their accounts.Read more: https://www.cnbc.com/2018/03/
TREASURIES/BONDS/STOCKS
Opinion | The Financial Crisis Isn't Over for Students
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App OPINION | EDUCATION As housing prices collapsed during and after the recession, student loan debt rose. And the government wants its money back. MARCH 27, 2018 11:01 AM EDT Hope they don't have too much in student debt. The financial crisis and the bursting of the housing bubble are now a decade behind us. But at least one consequence persists: a pile of student loans. Those loans, and the government’s relentless efforts to collect on Read the full story
50 Years of Stock Market Corrections, and the 1 Figure That Stands Out
The Motley FoolCorrections are usually over very quickly, and they're traditionally painless to long-term investors. Read the full story
US Treasury yields higher as bond investors look ahead to new data
CNBCU.S. government debt prices dipped on Tuesday. Read the full story
Top 5 Things to Know in the Market on Tuesday
Investing.com© Reuters. 5 key factors for the markets on Tuesday Read the full story
Treasury Market Mentality Is Bullish Says BMO's Kohli
BloombergBMO Capital Markets Director of Interest Rates Strategy Aaron Kohli discusses the bond markets and Treasuries. He speaks on "Bloomberg Daybreak: Asia." Read the full story
Rates on short-term Treasury bills fell in Monday's auction
ABC NewsRates on short-term US Treasury bills edged down to lowest levels in 2 weeks Read the full story
Stock Market Surges on News That U.S. and China Hope to Avert a Trade War
TIMEThe Dow's 669 point gain is its best day in more than two years Read the full story
Opinion: This is the beginning of the end for this economic expansion
MarketWatchBe neutral on the U.S. stock market, writes Pimco’s Joachim Fels. Read the full story
Dow’s surge belies fact that stock market is on the brink of an absolute breakdown
MarketWatchThe stock market is bouncing back Monday—it better be. U.S. stocks are coming off the biggest weekly decline in more than two years, a fall that has market technicians arguing that major indexes are on the verge of a full-fledged, technical breakdown. Read the full story
CRYPTO'S / DIGITAL CURRENCY
Ethereum plunges to its lowest price of 2018
Business Insider
Ethereum was trading at $451 early Tuesday, it's lowest price the year so far. The second-largest cryptocurrency by market cap has lost 39% since the start of the year Ethereum hit its lowest price of 2018 so far, bottoming out at $451.19 per token, early Tuesday, according to Markets Insider data. The second-largest cryptocurrency by market cap's previous low was $460 per token, set just over a week ago on March 18, according to historical data from CoinMarketCap.com. This year has been a Read the full story
Your complete guide to cyprocurrency regulations around the world and where they are headed
CNBCAs the demand for cryptocurrency grows, global regulators are divided on the best way to police them. Read the full story
Cryptocurrency Daily Roundup - Mar. 27
RTTNewsCryptocurrency markets remain spooked by concerns over the impact of several leading social media websites banning related advertisements on their platform. Bitcoin fell below $8,000 as Twitter was reportedly going to implement the policy on Tuesday. An options exchange has argued in favor of Bitcoin exchange traded funds. Read the full story
How to evaluate risky initial coin offerings and avoid scams
CNBCOne expert said the majority of initial coin offerings, or ICOs, are scams — but it's still a booming business. Read the full story
Bitcoin falls 7 percent to below $8,000 after Twitter's ban on cryptocurrency ads
CNBCBitcoin fell 7 percent Monday to below $8,000 after Twitter announced it would ban advertising for cryptocurrencies. Read the full story
Bitcoin slides after week of record-low volatility
MarketWatchCryptocurrecny prices are in the red to start the week with the No. 1 digital currency trading to its lowest level in more than a week. Read the full story
Cryptocurrency litecoin falls 10% after payments processor 'LitePay' closes; 'We got too excited,' founder Charlie Lee says
CNBCLitecoin dropped Monday after news that payments processor LitePay has ceased operations, prompting an apology from the coin's founder for promoting the start-up. Read the full story
CURRENCIES
Dollar aims for first gain in 3 sessions as trade-war worries abate
MarketWatch
The U.S. dollar edged higher against most major currencies Tuesday, getting a break from two-sessions of losses as worries about a global trade war eased. Read the full story
Forex - Dollar at 5-Week Lows as Trade Fears Subside
Investing.com
© Reuters. Dollar at 5-week lows as trade fears subside Read the full story
Forex - Dollar Falls Below Six-Week Lows Amid Euro, Sterling Strength
Investing.com
Forex - Dollar Falls Below Six-Week Lows Amid Euro, Sterling Strength Read the full story
Investing.com
Forex - Dollar Falls Below Six-Week Lows Amid Euro, Sterling Strength Read the full story
Pound V euro: GBP exchange rate drops as trade war fears ease
Express
THE POUND to euro exchange rate has seen a -0.4 per cent drop today, due to reduced fears of a trade war breaking out. Monday’s pound to euro exchange rate gains were largely down to the weak US dollar pushing up demand for Sterling, but this influence has since faded. The primary focus has been on a possible de-escalation of the tough-talk on trade between the United States and China, which saw a marked escalation at the end of last week. Read the full story
The Chinese yuan hits a multi-year high against the dollar
Business Insider
Business Insider
The People's Bank of China set its USD/CNY midpoint at 6.2816 Tuesday. It's the lowest midpoint for the currency pair since August 11, 2015. The further the midpoint falls, the stronger the Chinese yuan. The Chinese yuan is on the charge in Asia, hitting the strongest level against the greenback since August 2015. Having seen the US dollar fall heavily against all major currencies, except the Japanese yen, on Monday, the People's Bank of China (PBOC) set the midpoint for the USD/CNY on Tuesday Read the full story
South China Morning Post
The currency rallied after China’s central bank lifted its daily reference rate, as the two countries began talks on improving US access to mainland markets Read the full story
How you can harness the power of ‘Transformational Breath’ to relieve stress
Stylist
This age-old technique can help soothe anxiety and stress Read the full story
Accurately identifying aggressive head and neck cancers
Science MagazineCredit: Case Western Reserve University The Case Western Reserve-led research team will analyze computerized images of tissue samples for patterns which could become "biomarkers," or predictors, for determining relative risk for recurrence in one p.. Read the full story
5 Cardio Red Flags That Might Mean You're Pushing Yourself Way Too Hard
Elite DailyMany people have an ongoing love-hate relationship with cardio. Getting yourself to actually do it can feel low key excruciating, but once you hop on the treadmill or mount the elliptical, the feel-good endorphins that follow make the experience tota… Read the full story
Why Some Americans Are Risking It and Skipping Health Insurance
BloombergPrices and deductibles are rising. Networks are shrinking. And even some well-off Americans are questioning what they’re paying for. In tiny Marion, North Carolina, the Buchanans decided that $1,800 a month was too much to pay for health insurance, and are going without it for the first time in their lives. In Harahan, one bend of the Mississippi River up from New Orleans, the Owenses looked at their doubling insurance premiums and decided no, as well. “We’re not poor people but we can’t afford Read the full story
USA/CANADA
Commerce Department says citizenship question will be reinstated in 2020 Census
CNN Politics
In a controversial move, the Commerce Department announced Monday that the question of citizenship will again be included in the 2020 Census. Read the full story
Economic Calendar: Top Things to Watch
Investing.comEconomic Indicators Mar 26, 2018 10:56 GMT Investing.com - Earnings reports are due out from Red Hat (Monday), Sonic (Tuesday), PVH (Wednesday) and Constellation Brands (NYSE:STZ) (Thursday). The Conference Board’s report on consumer confidence and the S&P Corelogic Case-Shiller home price index are due out on Tuesday. Oil markets will be closely watching inventory reports from the API on Tuesday and the EIA on Wednesday. On Wednesday, look for the fourth-quarter GDP report, which includes the Read the full story
In Trump’s ‘trade war’, the Australian and Japanese currencies are set to become collateral damage
South China Morning PostIf the few opening salvoes between Washington and Beijing turn into a China-US trade war, watch for volatility in the Australian dollar and Japanese yen Read the full story
Art Cashin: Wall Street's rebound shows that investors are getting used to Trump's 'Art of the Deal'
CNBC"You start off first with something very dramatic" and then there's room to scale back during negotiations, Cashin says. Read the full story
China Says U.S. Wants World For Itself And That's Why It Can't Accept Beijing's Role in Africa
NewsweekChina said the U.S. should abandon its "tinted glass" and "hegemonic mindset" toward Beijing's growing economic and military role in Africa. Read the full story
29 most expensive tourist destinations in the USA
Staying stateside is often a great way to cut costs, but domestic destinations aren’t all created equal in terms of value. Read the full story
EMERGING MARKETS
Why emerging-markets investors should cheer Moody’s support for South Africa
MarketWatch
Investment-grade rating paves way for changes from a reform-minded government. Read the full story
Mexico, U.S. sign accords on customs, border cooperation
ReutersMexico and the United States have signed three accords to improve bilateral customs procedures and expedite the flow of agricultural produce across their almost 2,000-mile (3,220-km)border, the two governments said on Monday. Read the full story
Puerto Rico's best shot at economic recovery
CNBCAfter years of economic decline, Puerto Rico now has a once in a generation opportunity to enact real reforms, says Anne O. Krueger. Read the full story
MIDDLE EAST
Gold recovers on Mother’s Day in UAE - Analysis
Mubasher
By: Mahmoud Gamal Dubai – Mubasher: Gold prices in the UAE grew by the end of last week on the back of the higher demand for Mother’s Day, coinciding with officials calling for the value-added tax (VAT) levied on gold to be reviewed. The gold … Read the full story
Oil prices rise on Middle East tensions
MubasherOil prices traded higher on Tuesday amid geopolitical tensions in the Middle East Read the full story
Will Saudi's crown prince attract US investors?
Fox BusinessSaudi Arabia Finance Minister Mohammed Al-Jadaan on drawing U.S. investment to the country. Read the full story
Let's focus on what brings us together, not what pulls us apart
AljazeeraPrior to the Iranian Revolution's success in 1979, Iran was one of the few Muslim states that had good relations with Israel. In fact, the monarchy led by the deposed Shah Mohammad Reza Pahlavi unfortunately contributed to paving the way for the Camp David agreement between Egypt and Israel. This was not easy for most Iranians, who saw the Palestinian cause as their cause. So when the revolution toppled the old regime, among the first orders of business was to raise the Palestinian flag over the Read the full story
Bibi to Europe: You have to pick America or Iran
AxiosIf they don't, Trump will kill the Iran nuclear deal. Read the full story
Netanyahu interrogated in corruption case
AljazeeraIsraeli police have questioned Prime Minister Benjamin Netanyahu over his alleged dealings with the country's largest telecommunication company, Israel Radio said on Monday, in one of three corruption cases weighing on the leader's political future. It was the second time the prime minister had been questioned in the investigation. He is suspected of awarding regulatory favours to Bezeq Telecom Israel in return for favourable coverage on a news site the company's owner controls. Netanyahu has Read the full story
Arabs outnumber Jews in Israel, occupied territories: official
AljazeeraMore Arabs than Jews inhabit Israel and the occupied Palestinian territories, according to an official from Israel's military-run civil administration. Speaking before the Knesset's Foreign Affairs and Defence Committee on Monday, Colonel Haim Mendez told legislators that five million Palestinians live in the West Bank and Gaza Strip while another 1.8 million Arabs live inside Israel. This puts the tally of Palestinians at about 6.8 million, in contrast to 6.5 million Jewish citizens of Israel. Read the full story
AFRICA
South Africa land protest turns violent; 30 arrested
ABC News
South Africa land protest turns violent; 30 arrested after police station set on fire Read the full story
Jitters around the Economic Freedom Fighters have left the ruling party reluctant to field its own mayoral candidate in the bitter battle for control of the Nelson Mandela Bay Metro. Instead, the ANC's national executive committee (NEC) has opted to support a mayoral candidate from one of the smaller opposition parties in the council. Sources who attended the NEC meeting in Cape Town over the weekend and provincial leaders in the Eastern Cape, have confirmed to News24 that the party has no Read the full story
Former Zimbabwe president Robert Mugabe says South Africa could have done "much more" to save him politically during last year's military takeover. The 94-year-old made the remarks in an interview with the private Zimbabwe Independent paper at his Blue Roof mansion in Harare. 'Betrayed' by neighbours Asked if he felt betrayed by his neighbours Mugabe said: "In a sense, yes." But he conceded that none of Zimbabwe's neighbours apart from South Africa had the capacity to intervene. "South Africa Read the full story
Coal production at the country's largest coal miner Makomo Resources has plunged as much as 36 percent since the beginning of the year as activity dropped due to a serious shortage of foreign currency to import spares, director Ray Mutokonyi said. Zimbabwe is facing serious currency shortages and the Reserve Bank of Zimbabwe recently disclosed that the foreign payments backlog now stretches up to a year. Despite the central bank's drawdowns on the $1,1 billion African Export Import Bank nostro Read the full story
(Photo: Dennis Onsongo/Nation Media Group) Kakuzi is set to stop growing pineapples this year after over two decades planting the crop, signalling a radical shift for the agricultural firm, which is now increasing acreage for avocados whose demand has skyrocketed globally. The NSE-listed firm revealed the strategic shift Friday when announcing a 5.2 per cent increase in net profit to Sh561.6 million for the year ended December. The grower attributed the profit increase to higher international Read the full story
(Photo: New Times) Stanford University African leaders have just signed a framework establishing the African Continental Free Trade Area, the largest free trade agreement since the creation of the World Trade Organisation. The free trade area aims to create a single market for goods and services in Africa. By 2030 the market size is expected to include 1.7 billion people with over USD$ 6.7 trillion of cumulative consumer and business spending - that's if all African countries have joined the Read the full story
(Photo: Mário Macilau/WaterAid) This rainy season only raised the water from 19% to 25% of capacity behind the Pequenos Libombos dam, which provides water for Maputo and Matola. With careful use, that will last until the next rainy season starts in November. The rainy season is nearly over and has been good in all parts of Mozambique except the southwest and in the watershed areas of South Africa and Swaziland, which have suffered their fourth year of drought. Aracio Tembe of the National Read the full story
ABC News
South Africa land protest turns violent; 30 arrested after police station set on fire Read the full story
South Africa: ANC Distances Itself from Nelson Mandela Bay Mayoral Replacement 'Panic'
AllAfricaJitters around the Economic Freedom Fighters have left the ruling party reluctant to field its own mayoral candidate in the bitter battle for control of the Nelson Mandela Bay Metro. Instead, the ANC's national executive committee (NEC) has opted to support a mayoral candidate from one of the smaller opposition parties in the council. Sources who attended the NEC meeting in Cape Town over the weekend and provincial leaders in the Eastern Cape, have confirmed to News24 that the party has no Read the full story
Zimbabwe: South Africa Could Have Done 'Much More' to Save Me - Mugabe
AllAfricaFormer Zimbabwe president Robert Mugabe says South Africa could have done "much more" to save him politically during last year's military takeover. The 94-year-old made the remarks in an interview with the private Zimbabwe Independent paper at his Blue Roof mansion in Harare. 'Betrayed' by neighbours Asked if he felt betrayed by his neighbours Mugabe said: "In a sense, yes." But he conceded that none of Zimbabwe's neighbours apart from South Africa had the capacity to intervene. "South Africa Read the full story
Zimbabwe: Coal Miner Battling U.S.$10 Million Forex Hole
AllAfricaCoal production at the country's largest coal miner Makomo Resources has plunged as much as 36 percent since the beginning of the year as activity dropped due to a serious shortage of foreign currency to import spares, director Ray Mutokonyi said. Zimbabwe is facing serious currency shortages and the Reserve Bank of Zimbabwe recently disclosed that the foreign payments backlog now stretches up to a year. Despite the central bank's drawdowns on the $1,1 billion African Export Import Bank nostro Read the full story
Zimbabwe: Country to Benefit From U.S.$2 Billion Solar Facility
AllAfrica
Zimbabwe stands to benefit from a US$2 billion solar financing arrangement availed by the Government of India to several African countries, The Herald learnt last night. Vice President General Constantino Chiwenga (Retired) yesterday met India's President Mr Ram Nath Kovind as part of discussions on how Zimbabwe can benefit from the solar financing agreement. The country's Ambassador to India, Cde Maxwell Ranga, told The Herald that the two discussed a wide range of topics including an Read the full story
AllAfrica
Zimbabwe stands to benefit from a US$2 billion solar financing arrangement availed by the Government of India to several African countries, The Herald learnt last night. Vice President General Constantino Chiwenga (Retired) yesterday met India's President Mr Ram Nath Kovind as part of discussions on how Zimbabwe can benefit from the solar financing agreement. The country's Ambassador to India, Cde Maxwell Ranga, told The Herald that the two discussed a wide range of topics including an Read the full story
Kenya: Kakuzi Drops Pineapples for Profitable Avocados
AllAfrica(Photo: Dennis Onsongo/Nation Media Group) Kakuzi is set to stop growing pineapples this year after over two decades planting the crop, signalling a radical shift for the agricultural firm, which is now increasing acreage for avocados whose demand has skyrocketed globally. The NSE-listed firm revealed the strategic shift Friday when announcing a 5.2 per cent increase in net profit to Sh561.6 million for the year ended December. The grower attributed the profit increase to higher international Read the full story
Africa: Why Africa's Free Trade Area Offers So Much Promise
AllAfrica(Photo: New Times) Stanford University African leaders have just signed a framework establishing the African Continental Free Trade Area, the largest free trade agreement since the creation of the World Trade Organisation. The free trade area aims to create a single market for goods and services in Africa. By 2030 the market size is expected to include 1.7 billion people with over USD$ 6.7 trillion of cumulative consumer and business spending - that's if all African countries have joined the Read the full story
Mozambique: Maputo Water Crisis to Continue for a Year
AllAfrica(Photo: Mário Macilau/WaterAid) This rainy season only raised the water from 19% to 25% of capacity behind the Pequenos Libombos dam, which provides water for Maputo and Matola. With careful use, that will last until the next rainy season starts in November. The rainy season is nearly over and has been good in all parts of Mozambique except the southwest and in the watershed areas of South Africa and Swaziland, which have suffered their fourth year of drought. Aracio Tembe of the National Read the full story
ASIA
China is embarking on 'the biggest economic experiment in modern history'
Business Insider
Chinese President Xi Jinping makes a toast at the beginning of the welcoming banquet at the Great Hall of the People during the first day of the Belt and Road Forum in Beijing, China, May 14, 2017. China is integrating its markets with the global economy, even as President Xi Jinping consolidates power to rule indefinitely. The combination poses an interesting challenge for Western economies. ANZ economist Raymond Yeung says a strategic shift is underway to reposition China's role within the Read the full story
China 'can do many things' to make its society more equal, says Asian Development Bank president
There is much that China can do to let its people enjoy the fruits of growth and technological development, said Takehiko Nakao, president of the Asian Development Bank.
Read more: https://www.cnbc.com/2018/03/
There is much that China can do to let its people enjoy the fruits of growth and technological development, said Takehiko Nakao, president of the Asian Development Bank.
Read more: https://www.cnbc.com/2018/03/
© Reuters. Profit growth at Chinese industrial firms in the first two months was slower than 2017 Read the full story
China fund managers predicted to double their managed assets in the next 5 years
CNBCRecent shifts in regulations are one of the major forces driving changes in the the asset management industry in China. Read the full story
Asian Equities Extend Gains On Easing Trade Fears
Investing.com© Reuters. Asian equities extended their gains in afternoon trade on Tuesday Read the full story
Shanghai pledges to slash red tape on business creation
South China Morning PostNew online platform to be in place by end of the month, meaning new businesses will only need to go to ‘one window’, as government departments share data to facilitate more seamless procedures Read the full story
The US-China trade spat has shocked the Shanghai index
CNBCThe benchmark Shanghai Stock exchange index has halted a march higher. It can be linked to trade friction between the U.S. and China. Read the full story
EUROPE
Europe's bailout fund approves 6.7 billion euros for Greece
ABC News
Europe's bailout fund has approved a 6.7 billion euro ($8.32 billion) rescue loan tranche to Greece as part of its third international bailout, with a disbursal of the first 5.7 billion euros of that amount expected in the coming days Read the full story
Non-stop business knowledge Get more on The Bloomberg App Russia vowed to retaliate in kind for the decisions by the U.S. and 14 of its European allies to expel scores of Moscow’s diplomats in the wake of the nerve-agent attack on a former spy in the U.K. “This unfriendly step by this group of countries won’t pass without impact and we will respond,” Russia’s Foreign Ministry said in a website statement, accusing the U.K.’s allies of “blindly following the principle of Euro-Atlantic unity.” Read the full storyd
ABC News
Europe's bailout fund has approved a 6.7 billion euro ($8.32 billion) rescue loan tranche to Greece as part of its third international bailout, with a disbursal of the first 5.7 billion euros of that amount expected in the coming days Read the full story
Russia Vows to Retaliate After U.S., Europe Expel Diplomats
BloombergNon-stop business knowledge Get more on The Bloomberg App Russia vowed to retaliate in kind for the decisions by the U.S. and 14 of its European allies to expel scores of Moscow’s diplomats in the wake of the nerve-agent attack on a former spy in the U.K. “This unfriendly step by this group of countries won’t pass without impact and we will respond,” Russia’s Foreign Ministry said in a website statement, accusing the U.K.’s allies of “blindly following the principle of Euro-Atlantic unity.” Read the full storyd
Blessed and Highly Favored:
CBI Update:
The CBI for Wednesday 3/28/18 did update on the indicative rates Sell Rate 1184
The currency auction is 142,965,236
There are 3 news and announcements for Wednesday 3/28/18
1. Counterfeiting and counterfeiting course
The Central Bank of Iraq - Basra Branch held a training course for the Zaye.
March 28, 2018
The Central Bank of Iraq - Basra Branch held a training course for the Zaye.
March 28, 2018
2. Auction Results Announcement (for selling Islamic certificates of deposit)
On 26/3/2018, the Central Bank approved the ICD106 auction for the sale of EE certificates.
March 28, 2018
On 26/3/2018, the Central Bank approved the ICD106 auction for the sale of EE certificates.
March 28, 2018
The Central Bank approved on 26/3/2018 the auction of ICD106 for selling Islamic certificates of deposit for a period of (14) days and the amount of (50) billion dinars (fifty billion dinars) and sold certificates of 300 million dinars at a uniform rate and the highest rate of return (0.70% , The number of participants (1) bank has won the amounts provided.
3. Clarification about not dealing with the company of the completion of others officially approved
It has recently been noted that there are companies that advertise electronic payment platforms,
March 28, 2018
It has recently been noted that there are companies that advertise electronic payment platforms,
March 28, 2018
He pointed out recently that there are companies that advertise on electronic payment platforms, including Enjaz, which is called through a bank platform, so the bank would like to clarify that this company is not officially licensed and warns citizens and financial and commercial institutions from dealing with companies that conduct electronic payment The Central Bank of Iraq is the sole sector authority responsible for the licensing of electronic payment service providers and published on its official website.
ISX Update:
Value Traded
1,416,249,937
Shares Traded
2,604,446,626
ISX ended in Red
3-28-2018 Newshound Guru Don961 Article: "Parliamentary oil: the agreement between Russia and Saudi Arabia on production will revive the Iraqi economy" Quote: ..."the increase in international oil prices reflect positively on the Iraqi economy because it depends on the sale of oil in the provision of budget funds on a basis." "Any increase in the country's financial imports will support the budget, reduce the deficit and increase the cash reserves of the Central Bank of Iraq,"... Hmm...higher oil prices increase cash reserves in the CBI...why that may also inadvertently raise the value of the floating currency in the markets...heard something about this on a CC somewhere...is this part of a master plan? ...are things lining up and falling into place for a reason?...imo.
3-27-2018 *** Dinar Guru News Update *** The CBI is reporting another new 52-week high for the market rate of the dinar - it now stands at 1209 (remember the lower this number, the stronger the dinar). Guru Kaperoni, along with a few other gurus, feels the IMF "2%-for 90 days rule" must be satisfied before the dinar can reach international acceptance...he feels the dinar official rate and market rate have been within 2% for the past couple weeks already! You can follow the CBI official rate and CBI reported market rate in the Dinar Guru Recource Bar on the left of this page. [The latest guru updates will continue below..]
3-27-2018 Newshound Guru Stryker Suitable Environment for a Revaluation? Reserves are up to $51 billion and $71 billion debt is still within reasonable rates...Central Bank’s plan to modernize the currency in circulation and the deletion of zeros...
3-27-2018 Newshound Guru Kaperoni [Is there any time in the imf history that they waived the 90 day rule before?] No idea... But the rule is clearly in print.
3-27-2018 Newshound Guru Whitelions [...will the auctions end by the end of the month like they said in December?] ...I stopped watching them years ago because they will happen right up to the point of the change in value until then they will go up and they will go down ...thats what they do...
3-27-2018 Intel Guru Dr. Clarke Historically, it ALWAYS MEANS (and we've tracked this): "30 TO 60 DAYS" from when they said it...Days are always, actually WEEKS, to the Iraq Timetable. What they're telling you, is "We DON'T want to Tell You"...it will be "Someday", but count on 30 to 60, because that's our Pattern, our Habit, our Intention. REMEMBER, Iraq is Not acting alone, so it just isn't THEM, making these decisions on the TIMING & VALUE of their currency moves. So, that's why we say, what we say. So, what do WE Think? "They gotta do something VERY SOON...if not, "In the Coming Days". Let's "SEE" if "THEY" can pull off a "MAJOR MIRACLE"? We think it's "Possible", but Highly Unlikely. P.S. "THERE ARE NO GUARANTEES IN LIFE" NONE. OH, and we seriously doubt that the Substantially Increased Rate Value, is found ANYWHERE, in Iraq's 2018 Budget. In our IL-LOGICAL Opinion. [post 2 of 2]
3-27-2018 Intel Guru Dr. Clarke It would be a "MAJOR MIRACLE", if Iraq Officially & Publicly, Substantially increased the Value of their Dinar, On or Before, Sunday, APRIL 1, 2018. We know NOTHING beyond that Date. 30...DAYS following, would NOT surprise us one bit. But then again, Fridays are always our Most Favorite Day...and of course, Iraq & the Middle East NEVER do (on time) what they "SAY" they're going to do. (and very few other governments & agencies, for that matter) There's ONE little piece of information that EVERYONE ALWAYS keeps forgetting the meaning of, THAT IS SO BIG, which we have DEFINED on 3 other occasions: "In the Coming Days". 2 Weeks ago, Iraq publicized that the Lower Denominations were going to be distributed within the "Coming Days". REMEMBER what we always say about the consistency of Iraq, when they say, "In the Coming Days"? [post 1 of 2....stay tuned]
3-27-2018 Intel Guru Frank26 ...IT IS EASY TO SEE ALL IS SET FOR THE RI. IT IS THE DATE...WE DO NOT KNOW NOR OFFER AS AN OPINION...
3-27-2018 Newshound Guru Kaperoni [Is there any time in the imf history that they waived the 90 day rule before?] No idea... But the rule is clearly in print.
3-27-2018 Newshound Guru Whitelions [...will the auctions end by the end of the month like they said in December?] ...I stopped watching them years ago because they will happen right up to the point of the change in value until then they will go up and they will go down ...thats what they do...
3-27-2018 Intel Guru Dr. Clarke Historically, it ALWAYS MEANS (and we've tracked this): "30 TO 60 DAYS" from when they said it...Days are always, actually WEEKS, to the Iraq Timetable. What they're telling you, is "We DON'T want to Tell You"...it will be "Someday", but count on 30 to 60, because that's our Pattern, our Habit, our Intention. REMEMBER, Iraq is Not acting alone, so it just isn't THEM, making these decisions on the TIMING & VALUE of their currency moves. So, that's why we say, what we say. So, what do WE Think? "They gotta do something VERY SOON...if not, "In the Coming Days". Let's "SEE" if "THEY" can pull off a "MAJOR MIRACLE"? We think it's "Possible", but Highly Unlikely. P.S. "THERE ARE NO GUARANTEES IN LIFE" NONE. OH, and we seriously doubt that the Substantially Increased Rate Value, is found ANYWHERE, in Iraq's 2018 Budget. In our IL-LOGICAL Opinion. [post 2 of 2]
3-27-2018 Intel Guru Dr. Clarke It would be a "MAJOR MIRACLE", if Iraq Officially & Publicly, Substantially increased the Value of their Dinar, On or Before, Sunday, APRIL 1, 2018. We know NOTHING beyond that Date. 30...DAYS following, would NOT surprise us one bit. But then again, Fridays are always our Most Favorite Day...and of course, Iraq & the Middle East NEVER do (on time) what they "SAY" they're going to do. (and very few other governments & agencies, for that matter) There's ONE little piece of information that EVERYONE ALWAYS keeps forgetting the meaning of, THAT IS SO BIG, which we have DEFINED on 3 other occasions: "In the Coming Days". 2 Weeks ago, Iraq publicized that the Lower Denominations were going to be distributed within the "Coming Days". REMEMBER what we always say about the consistency of Iraq, when they say, "In the Coming Days"? [post 1 of 2....stay tuned]
3-27-2018 Intel Guru Frank26 ...IT IS EASY TO SEE ALL IS SET FOR THE RI. IT IS THE DATE...WE DO NOT KNOW NOR OFFER AS AN OPINION...
d
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1-A (from PM Abadi's website; posted only on Arabic side, not on English side)
The Council of Ministers holds its regular session chaired by Prime Minister Dr. Haider Abadi
March 27, 2018
The Cabinet held its regular session on Tuesday, March 27, 2018 under the chairmanship of the Prime Minister Dr. Haider Abadi.
The Council voted to amend Resolution No. 11 of 2015 on the draft border control agreement and intelligence cooperation between the Government of the Republic of Iraq and the Government of the Hashemite Kingdom of Jordan.
A vote was taken on the restructuring of the committee to consider the records of appreciation and valuation, which is composed of ministries and entities not affiliated with the Ministry on the sale of state-owned housing units.
The Board also voted on the evaluation of institutional performance.
The vote on the proposed law to amend the law of the Independent High Electoral Commission No. 11 of 2007.
During the meeting, the needs and services of the residential areas in Baghdad and the governorates were presented and the necessary measures were taken on them as follows:
1. An operations room was formed in the General Secretariat of the Council of Ministers from the relevant ministries and agencies to follow up the basic service needs in Baghdad and the governorates and implement them with the national effort in ministries and local governments.
2. The directorates of planning in the governorates and the Ministry of Planning to follow up those needs and submit their reports and authorize the operations room the necessary powers to carry out its tasks.
3. The Ministry of Finance shall provide the necessary funding to cover the required expenses.
As for the province of Basra and attention to projects within and within what was discussed during the visit of the Prime Minister to the province has obtained the approval of the Economic Commission to follow up the implementation of work in the project pipes Qibla stopped several years and continue to follow up the implementation of the rest of the projects, and the draft Zubair streams, Continuing to reclassify the contractor.
The Council of Ministers continued the process of supporting stability in the liberated areas and ensuring the voluntary return of families, stressing that the return would be voluntary. The Council of Ministers warned any party to compel any citizen or family to return, stressing that the government's duty is to facilitate the return of displaced persons and provide services.
Prime Minister 's Media Office
27 March 2018
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ARTICLE 1-B (from PM Abadi's website; posted only on Arabic side, not on English side; 3 pix)
Prime Minister Dr. Haider Abadi: Dawn of Iraq has begun and will not go out
March 28, 2018
Prime Minister Dr. Haidar al-Abadi said that the dawn of Iraq has started and will not extinguish, pointing to the existence of a new look to deal with the energy of oil and gas to benefit from them.
This came during the speech of His Excellency at the Iraq Energy Forum 2018 in the presence of the Secretary General of the Organization of the Petroleum Exporting Countries, Mr. Mohamed Barkindo and Arab and international personalities, where he welcomed the guests in Baghdad and Iraq, which looks forward to his family for reconstruction and construction and the bright future.
"Yesterday, Iraq was subjected to a terrorist attack and the threat of my existence, and I came out victorious. This terrorism has a dangerous ideological ideology that is still present and our efforts are continuing to eliminate this danger," said Dr. Haider al-Abadi.
He explained that while we dismantled the terrorist cells after the liberation of the entire land, we are in the second hand.
"Iraq has oil and gas reserves and despite the war, our production has not gone back and we are working hard to establish oil as an aid and not as a main thing," said Dr. Haider al-Abadi.
He stressed that despite the war, we have reduced the operational expenses by a large proportion of countries in the war increase its expenses, but we have achieved victory and stopped this terrorist crawl.
Prime Minister 's Media Office
28 March-2018
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ARTICLE 2
- Tweets posted on the Govt of Iraq twitter account; dated March 27, 2018, around 1:45 pm Eastern:
- PM @HaiderAlAbadi: We are implementing measures to attract investment, and encourage growth of the private sector. These measures are essential for the reconstruction of Iraq, improving public services to all Iraqis and the creation of jobs.
- PM @HaiderAlAbadi: We are restoring stability in liberated areas and working across government agencies and with local & international partners to support the safe and voluntary return of displaced people to their home
- PM @HaiderAlAbadi: We have a timetable for the reduction of the number of foreign troops in Iraq. Military operations & air sorties by our coalition partners are conducted only after they are authorised by the @IraqiGovt
- PM @HaiderAlAbadi: Our region is facing serious challenges; we must, therefore, work together to address them and cooperate to defeat extremism and root-out terrorism
- PM @HaiderAlAbadi: Our international relations are founded on the principles of shared interests, respect for national sovereignty, noninterference in the internal affairs of others and adherence to international law
- PM @HaiderAlAbadi: As mandated by the Iraqi constitution, the @IraqiGovt will not tolerate any use of our territories for acts of aggression against our neighbours
- PM @HaiderAlAbadi: I spoke earlier to the Prime Minister of Turkey who reiterated his government’s full respect for Iraq’s sovereignty
- PM @HaiderAlAbadi holds his weekly press conference in Baghdad, briefs media on national and regional developments.
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ARTICLE 3-A
URGENT Parliament to resume its chairmanship Jubouri
2018/3/28 11:37
Parliament to resume its chairmanship Jubouri
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ARTICLE 3-B
Jubouri: Parliament restored the budget to the presidency of the Republic
Baghdad - Iraq Press - March 27: The Iraqi Council of Representatives announced on Tuesday, the re-enactment of the Federal Budget Law for the year 2018 to the Presidency of the Republic.
The Speaker of the Iraqi Parliament, Salim Jubouri, it was decided during the Council session No. 15 to restore the federal budget law to the presidency.
The parliamentary chairmanship raised its session until Wednesday.The President of the Republic Fuad Masum, has announced on Tuesday, the re-draft federal budget law for the existence of 31 points intersect with the legislation in force. is over
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ARTICLE 4
The United Nations today announces the Electoral Charter of Honor in Iraq
2018/3/28 9:51
[Ayna-Baghdad]
The United Nations announced on Wednesday the electoral charter of honor, which was sponsored by the participation of most of the blocs and political forces competing in the elections scheduled for 12 May.
The United Nations Assistance Mission for Iraq (UNAMI) called on media representatives to attend the signing ceremony of the Electoral Charter of Honor in Iraq, which will be held on Wednesday.
Last week, the Electoral Charter of Honor, reached by the representatives of the leaders of the blocs and political forces after difficult negotiations, was brokered by the United Nations and Western experts. The charter contains 24 articles governing the legislative elections scheduled for next May, including "condemning any sectarian or ethnic discourse" Violence ", as well as" refrain from using means of pressure such as threats or incitement or forcing voters to vote. "
The draft charter called for "neutralizing the security file and not using it for electoral purposes" before the vote, while in the "post-election phase" it urged the parties to accept the "peaceful transfer of power", accept the election results and engage the parties "in an immediate manner to prepare for the formation of a government New constitution. "
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ARTICLE 5
Philippines announces its contribution to the reconstruction of liberated areas in Iraq
2018/3/28 11:30 • 19 times read
[Ayna-Baghdad]
Foreign Minister Ibrahim al-Jaafari discussed with Philippine Ambassador Ilmir Kato on the end of his diplomatic mission in Baghdad bilateral relations between Baghdad and Manila.
Al-Jaafari said in a statement to his office that the agency received a copy of it, "the satisfaction of the efforts of the Ambassador of the Philippines for what he did during his tenure, and what contributed to the promotion of bilateral relations existing between the two friendly countries and increase cooperation in all fields, , And success in his work. "
He called on "the importance of urging the Philippine companies to invest in Iraq," stressing that "Baghdad aspires to witness the next phase of the movement in the areas of cooperation between the two countries in all areas, and increase the volume of coordination on a number of files of common interest," pointing to the need to " Philippines in the nomination of a new ambassador in Baghdad. "
For his part, Philippine Ambassador Ilmir Cato congratulated Iraq on the occasion of the complete victory over the terrorist gangs, adding: "I thank the Government of Iraq to meet a supporter on behalf of the world."
He added that "Philippine companies will contribute to the reconstruction of the liberated areas and the southern regions. He expressed his happiness for the continuation of the popular and commercial relations between the two countries."
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ARTICLE 6
Find missiles and spend for dashing in Baiji
2018/3/27 22:06 • 5 times read
[Ayna-Follow]
On Tuesday, the popular crowd engineering found bases for missiles and tunnels for terrorist gangs in al-Hurriyat district of Baiji, Salah ad Din province.
"The field engineering detachments continued today the clearing of the thermal area in Baiji of the war debris, while the tunnels and missiles of the criminal lieutenant were found," said a statement to inform the crowd.
He pointed out that "the teams of the Directorate of Field Engineering is still continuing to clear the streets of the thermal power area where they found tunnels and bases of missiles and improvised explosive devices belonging to the elements."
He added that "the field detachments also seized barrels of explosives and explosive materials in large quantities."
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ARTICLE 7
Iraq and Saudi Arabia sign air transport agreement
2018/3/27 13:06
[Ayna-Baghdad]
Minister of Transport Kazim Fangan, Chairman of the Committee on Transport, Border Ports and Ports, signed Tuesday an air transport agreement between the two countries with his Saudi counterpart Nabil bin Mohammed Al-Amoudi.
"We are happy today with our Saudi brothers and after a break of more than 60 years to discuss the enhancement of cooperation and communication between the two neighboring countries in the efforts and endeavors of the Iraqi-Saudi Coordination Committee and the Committee on Transport, Border Ports and Ports," Venjan said after the signing ceremony.
He added that "the agreement was signed between the two countries, which will replace the previous agreement signed in 1957."
"The Saudi side has discussed with the Saudi side the maritime transport agreement and the opening of transport lines for ports and railways between the two countries to serve the bilateral cooperation between them," he said.
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