Sunday, April 1, 2018

Word on the Street Sunday 4/1/18

Word on the Street Sunday 4/1/18

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Word on the Street Sunday 4/1/18:
 
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DC NY Iraq Articles:dd
 
 
Deputy: The budget law allows the head of government or minister to create grades
 
 
April 1, 2018 42 views
 

MP MP Zeinab al-Sahlani said on Sunday that the budget of 2018 did not witness any new degrees of employment, indicating that the Budget Law allows the Prime Minister or the Minister concerned to develop functional grades when needed.
 
Sahlani said that "the budget of 2018 did not include any functional grades in addition to it stopped the appointments through deletion and development," noting that "the current budget included the deletion only without the introduction."
 
She added that "the budget law for the year 2018 gave the authority of the Prime Minister or the minister concerned with the introduction of degrees of employment when necessary," indicating that "the grades are created by a decision of the Council of Ministers under the decision of the owners of the law and budget."
 
Al-Sahlani pointed out that "the Prime Minister and the competent minister can submit a request to the Ministry of Finance for the purpose of creating new degrees of employment according to the need of the ministry to that," indicating that "the budgets of 2017 and 2018 included only deletion and did not include the development, and all appointments launched in 2017, Within the movement of owners for the previous year.

Minister of Finance: A list of salaries will be announced according to the new salary savings system


Khandan - 

The Minister of Finance in the Kurdistan Regional Government announced that during the next three days, the announcement of a new list of the distribution of salaries of employees under the new system of saving salaries. 

The Minister of Finance in the Kurdistan Regional Government Ribaz Hablan told a press conference, the continuation of the distribution of salaries according to the revenues available to the ministry, noting that the Ministry of Natural Resources in the Kurdistan Regional Government secured part of the funds that are now at the disposal of the Ministry of Finance. 

The finance minister said the amount promised by the Ministry of Natural Resources had not yet reached 378 million dollars, which was agreed upon, adding that the ministry is waiting for the arrival of the second meal of money from Baghdad with the $ 25 million allocated by the United States to the Ministry of Peshmerga.

Urgent start of payment of salaries of staff of the region

 
Release date: 2018/4/1 12:28  106 times read
 
The Minister of Finance in the Kurdistan Regional Government, Rabaz Hablan, on Sunday, the start of the payment of salaries of staff of the region in accordance with the new amendment to the system of government savings of salaries.
"The salaries of the staff of the region will be spent in the coming days," he said during a press conference held in Erbil today, pointing out that "salaries will be paid in accordance with the new amendment to the system of savings for the month of December last." 
He added that "the new list of salaries of employees will be announced during the next two days," stressing that "the ministry will pay salaries according to the new amendment to save." 
He stressed "the need to end the teachers and staff for their demonstrations in order not to miss the academic year students and students in the region."
 
 
 
31 March 2018 - 21:40  

Alsumaria News / Baghdad
A member of the Parliamentary Integrity Committee MP Mishan Jubouri, on Saturday, that "no one" can prevent the sale of currency auction, while stressed that politicians are "owners" of the phantom banks.
 
"No one can prevent the auction of selling the currency," Jubouri said in an interview with the program "Political Kitchen", which is broadcast by Sumerian satellite channel, pointing to the reason that "politicians are the owners of fictitious banks."
 
Al-Jubouri added that "each large party has 3 or 4 banks registered in the name of brother, smelter or uncle or others," pointing out that "the currency auction is an outlet for the benefit of these parties."
A member of the Parliamentary Integrity Committee said that "one bank manager was locked up and the counterterrorism service intervened. He decided to arrest the director, one of the major currency dealers, responsible for the theft of 450 million dollars." He said that he was " Integrity or any other judicial authority. "
 
"He said Jubouri, that" after that, turned the country, and imposed the political blocs on the judiciary to come out (bank manager) bail of $ 15 million, "asserting that" now in London. "
 
The parliamentary economic committee warned on Wednesday (June 1, 2017), the central bank to continue its policy of classification of banks to varying degrees to participate in the window of the auction currency, calling him to commit to neutrality and non-discrimination between banks.
 
The Central Bank of Iraq sells the dollar to private banks and financial transfer companies through the auction, which is conducted daily and the amount of 150 million dollars, which increase these numbers or fall on demand by these banks, which affects one way or another on the reserves of the Central Bank of Iraq, which affected significantly in recent times As a result of the lack of adaptation between the dollar and between the sale through the auction.

Political money exposes the dominance of big parties over Iraqi elections

 
Claims to apply the law and ask resource owners about their sources
Sunday, 15 Rajab 1439 AH - 01 April 2018 AD Issue No. [14369]
 
Al-Fath Alliance, led by Hadi al-Amiri in Baghdad,
Baghdad: Hamza Mustafa
Despite the announcement of the Independent Electoral Commission for elections to postpone the campaign for election candidates to April 14, the streets and public squares across Iraq began to be invaded by various types of posters with pictures and slogans and invitations of more than 7000 candidates for the parliamentary elections scheduled for May 12, Next. 

The election commission had earlier decided to set the campaign date for candidates and political blocs on April 12. In this context, the candidate for the elections, Hassan Abdel Wahid, asked in a statement to Asharq Al-Awsat about the feasibility of this postponement, while the propaganda campaign was already underway, pointing out that «there are quite a few candidates who do not have a media machine or political money they can employ to support their campaign, Bewildered about what is happening before their eyes. " 

"People are clearly seeing the amount of money spent on the street through pictures, posters and other propaganda, as well as vote buying through the voter card, as well as the dinners that millions spend on when we do not have the right to come, For change, any money that can be spent on our campaigns. " 

As the MP Kazem Sayadi said a party, which he did not name, spending about $ 8 million on the posters at a time when the propaganda campaign has not yet begun, the former prime minister and leader of a coalition of state law, Nuri al-Maliki warned of the entry of political money to falsify the electoral process. Maliki said during a mass rally in the city of Najaf yesterday that «there is a flood of funds began to flow aim to falsify the electoral process, and warn of the tricks issued by the false media and aimed to draw national figures and leaders of political blocs». Maliki praised «the step of the United Nations in signing the document of honor among the partners of the political process» indicating «we look forward to a new stage free of hypocrisy and methods of punctuation». 

In turn, Dr. Qahtan al-Jubouri, spokesman for the alliance «Saron» supported by the leader of the Sadrist movement Moqtada al-Sadr, told the «Middle East» that «political money is unfortunately present in most of the blocs and parties that dominated the political process since 2003 and today and shows Usually in times of election propaganda. " 

"Propaganda is normal in all parts of the world and there are those who support it, but the support must be transparent and clear, and the sources of these funds are known so that they are not the no-nonsense money that has been acquired through power," al-Jubouri said. "The problem is that it is always repeated that the main forces that the people want to change because of suspicions of corruption are always dominated by the money they possess so as to be able to a large extent to falsify the will of people in twisted ways, which warned us and warn him during the next elections that we want to Be a field for real change in curricula, visions and ideas, not just faces. " In the same context, Dr. Adnan Al-Sarraj, head of the Iraqi Center for Media Development, told Asharq Al-Awsat that "there are two kinds of political money. There is party money, which is normal for every party. It must have money and money." But the problem is that because there is no transparency in how the parties get the money, things have mixed up to the extent that we do not differentiate between the natural money that is part of the mechanism of forming the party and money, whose sources are unclear and unknown. 

"There is a law for parties and among the most important paragraphs is disclosure of the sources of party funds, but unfortunately it is still only ink on paper." He explained that «in the light of the election campaigns and nature, it is incumbent on the responsible authorities to apply the law so that the public knows the real source of these funds, which can be employed to falsify the will of the citizen who wants to make a real change

 
Shankali: A delegation from Erbil will arrive in Baghdad soon to discuss the problem of salaries of staff of the region
 
 
Saturday 31 March


Alsumaria News / Baghdad
MP from the Kurdistan Democratic Party Majid Shankali, Saturday, that a professional delegation and not political will arrive in Baghdad soon from the Kurdistan region to discuss the problem of salaries of staff of the region, noting that Baghdad paid the salaries of 682 thousand employees, which is less than the total number.
 
"The government of Baghdad sent to the Kurdistan region 317 billion and 540 million dinars, and these are not enough to pay the salaries of employees and retirees and the network of prisoners and social welfare," he said, noting that "a professional delegation, not political from the region, as announced, may reach Baghdad During the current days to discuss the problem of salaries and how to sustain the delivery from the center to the region. "
 

"Baghdad says that the region claims to have a million and 240 thousand employees and the fact that the region clearly said it has 760 thousand employees and Baghdad, the balance of salaries for 682 thousand employees, which is less than the total number."
 
The Ministry of Finance in the Kurdistan Regional Government announced, on (March 19, 2018), on the arrival of salaries of its employees from the federal government, noting that it will be spent the next two days. 
The phenomenon of selling Iraqi citizens their electoral cards raises the concern of the parties and the government and their fears about the impact on the upcoming elections, prompting them to take severe penalties against anyone who proves the sale or purchase of cards.
"There has been a big turnout in the process of receiving voter cards by the people," said UNHCR spokesman Karim al-Tamimi in a televised interview. "430,000 cards have been distributed in Mosul alone in recent days."
Al-Tamimi pointed out that "the Board of Commissioners decided to take many penalties and procedures to control the electoral process," noting that "Among those sanctions, the withdrawal of the ratification of any candidate or party or political alliance proves officially, and evidence categorically obtaining the voter card illegally, And that if it is proved that any person or entity will be referred to the judiciary, which will be taken against him by legal proceedings.
He added that "the penalty for those who prove to be involved in the sale or purchase of electronic cards, will reach the prison for 15 years."
This comes at a time when the sale and purchase of electoral cards by candidates and parties, in the majority of the provinces, especially the liberated provinces of Daqash, while warning political parties of the seriousness of this phenomenon and its threat to the next electoral process.
"The Electoral Commission must take full responsibility for the holding of fair and transparent elections and take adequate measures to immunize this process, in coordination and cooperation with other responsible parties," the candidate for the coalition said.
Stressing that "the issue of selling election cards began to take very serious dimensions, as the proliferation indicates the presence of political parties are making a great effort to the procurement process, and this involves significant risks," explaining that "the issue goes beyond the issue of obtaining votes, or invalidate the destinations And even even to challenge the electoral process from some quarters that may not get what you want in the elections. "
He called for "the speed of accountability of those parties in accordance with the law, to be a lesson for others."
These stringent measures are followed by the Commission, after signing the electoral honor document, to ensure fairness and transparency in the elections.
Observers confirm that the sale of citizens to their electoral cards comes because they lost confidence in the elections, and political parties, which led them to vote for money.
The Independent Electoral Commission of Iraq (IHEC) confirmed on Thursday that it would withdraw the approval of any candidate or party that officially proves that it has received the voter card illegally, threatening to punish any employee of the Commission for dismissal if it proves its cooperation with any party to obtain voter cards. Selling and buying.
Legislative elections are due to take place in Iraq on May 1.

Kauaihn Iraq Articles:dd

Jubouri meets the Saudi ambassador and emphasizes the activation of economic and investment relations with Iraq

13:21
Last updated


Speaker of Parliament Salim al-Jubouri on Sunday stressed the necessity of joint cooperation to combat terrorism and activate economic and investment relations. 

Al-Jabbouri's press office said that the latter met with Saudi Ambassador Abdul Aziz al-Shammari during his visit to the embassy's headquarters in Baghdad and discussed a number of important joint files between the two countries. 
The meeting reviewed the latest security and political developments in Iraq and the region, and joint cooperation to combat terrorism and discuss bilateral relations and ways to strengthen them to ensure the common interests between the two brotherly countries," he said. 

"Iraq is keen to build close relations with all countries, including the Kingdom of Saudi Arabia for its prominent role in supporting the issues of the region and its honorable standing and its relentless efforts to combat terrorism and the idea of ​​Takfiri," Jubouri said. 

"We also appreciate the position of the brothers in the Kingdom in the reconstruction of Iraq and the relief of displaced people who have been affected by terrorist practices." 

Al-Jubouri called for "activating the factors of economic and investment development between the two countries and opening new horizons and opportunities, especially that Iraq is at an important stage after the elimination of terrorism, which requires an intensification of international and Arab efforts." 

For his part, the Saudi ambassador said that his country "looks forward to having a role in the file of reconstruction and investment in Iraq and contribute to its stability and in all political, economic and security fields."d
 
Iraq launches a donors' form at the Kuwait conference to convert their pledges into action
 
 
01-04-2018  The Financial Advisor to the Prime Minister announced the appearance of Mohammed Saleh that the General Secretariat of the Council waiting for the response of States and donors to a number of queries submitted by the Secretariat, in preparation for the beginning of the ages of all Iraqi provinces, especially liberated areas, which will be the priority in those grants. 

Saleh said, "There is a permanent team in the Secretariat of the Council of Ministers began to transfer the pledges of States and international institutions and bodies wishing to provide grants and soft loans for the reconstruction of Iraq on the sidelines of the Kuwait Conference held recently, to actions by launching the (form contribution) All these countries, institutions and bodies, indicating that the form includes the size of the grants provided and the conditions of submission and the type of grant if the grant is refundable or long-term, as well as places of disbursement. 

The Kuwait International Conference for the Reconstruction of Iraq, hosted by Kuwait from 12 to 14 February, was held with the participation of 76 countries, international and regional organizations, 51 development funds, 107 local, regional and international non-governmental organizations and 1850 private sector entities. Contributions and assistance needed for the reconstruction of Iraq, this broad momentum of investment and development partnerships for the reconstruction of Iraq resulted in the collection of $ 30 billion
 
 
Oil of Iraq .. Revenues of more than six billion dollars in March
 
 
01-04-2018 01:59 PM
 
Said the spokesman for the Ministry of Oil Assem Jihad, that the total quantities exported from crude oil for the month of March from the oil fields in central and southern Iraq, the preliminary statistics issued by the Iraqi oil marketing company Sumo amounted to more than 107 million and 50 thousand barrels.
 
Jihad added that the revenues amounted to more than 6 billion and 418 million and 58 thousand dollars, while the statistics did not record exports from the fields of Kirkuk.
 
He pointed out that the daily rate of exports amounted to 3 million and 453 thousand barrels, "explaining that the average price per barrel amounted to 59,954 dollars
 

Egypt: Free Zone will contribute to the reconstruction of Iraq and provide 14 thousand jobs

01-04-2018
 
The Egyptian cabinet on Saturday approved the establishment of a free zone in Nuweiba in South Sinai Governorate on an area of ​​1 million square meters with infrastructure investments of up to 40 million dollars, while it will contribute to the reconstruction of Iraq and Syria and provide 14 thousand jobs.


The Council of Ministers unanimously approved the establishment of the Free Zone, which will have a positive impact on the diversification of economic activity and provide job opportunities for the sons of Sinai and contribute to the projects of economic integration between Egypt and the Arab Mashreq countries, including the project «New», which is still in the stage studying. 

He pointed out that the investment income in the region reaches one billion dollars, and the region will benefit from the port of Nuweiba, which has been updated, while the region is characterized by infrastructure, roads and gas also the presence of a large number of hotels in the region. 

He pointed out that the Minister of Transport laid the foundation stone for the container terminal at the port of Nuweiba at a cost of 400 million dollars in cooperation with the Chinese side, stressing that the free zone will contribute to the reconstruction of Iraq and Syria as a major outlet for these countries and contribute to the provision of 14 thousand direct jobs..

Patriarch Sacco: The Vatican is ready to encourage dialogue between Erbil and Baghdad

"Unfortunately, the political framework is not conducive to optimism," the patriarch said in an interview with the French daily L'Accroix. Eight months have passed since the Nineveh Plain villages were liberated and we have been told that the infrastructure will be rebuilt, but nothing has happened. " "Churches and Christian organizations from abroad alone are helping Christians to return to their homes."
"War and violence rampant in tribal culture and mentality have done us a lot of damage," he said. Pointing out that "the formation of Christians their own protection at the tribal level through the formation of militias will be a choice of chaos against state rule and law." "In order to help Christians in the Nineveh Plain, we have to help them regain their responsibilities, so that they become masters of their own destiny and find work for them."
Patriarch Louis Raphael Sacco, Patriarch of Babylon of the Chaldeans, added that our basic need is peace. Continuing war, destruction and creating misery are very easy. Individuals and States must be helped to build peace, not only by looking for their own economic interests but also for the dignity of the person, which is very complex. Therefore, the only solution lies in honest and courageous dialogue. Adding that the Vatican could have a moral rather than a political impact on reconciliation.
"When we went to Rome on our last visit to the Holy See, Cardinal Barrolin (Secretary of State of the Holy See) reiterated his readiness to come to Iraq to encourage dialogue between the central government and the Kurdistan Regional Government."
"Our countries, Iraq and Syria in particular, have been volcanoes for 10 or 15. When there is an oppressed person, his reaction to resorting to the court, but to himself and his clan, to retaliation is no longer important to us. Help us change this culture, in order to restore the importance of human life, it is no longer our dream to return to the first centuries of Christianity or Islam. " "The old literature calling for the killing of Christians, Jews or polytheists was written 1,400 years ago," he said, adding: "This is meaningless and it is paradoxical to talk about jihad (holy war) and force people to leave their homes and lands and to distance themselves from their heritage and history. Today, we are no longer a threat to Muslims. "
On March 1, leaders of all faiths gathered in Baghdad for a day of discussions on the subject of "Together," he said, "we must help them make radical reforms in the way they read their texts, "We are looking for the right word to stamp out the rhetoric of fanatics in the name of religion." A Sunni cleric courageously admitted that there were "ticking bombs" in religious literature, and if so, they should be defused.
He pointed out that three thousand families had already returned to Karkukush, 100 families to the left coast of Mosul, and even one family to the right side, which helped us to renovate her house next to the Dominican Father's Monastery. Thanks to the work of the French "work of the East", we return the Church of St. Paul in Mosul.
"In the coming months, we will also have to rebuild and open our schools and medical clinics in Mosul, which our Muslim neighbors used to visit. This is our testimony. I see around me many Muslims who are tired of the hate speech in the name of God.
Baghdad / Al-Ghad Press: 

Foreign Minister Ibrahim al-Jaafari received the credentials of the new Pakistani ambassador to Baghdad on Sunday. 

A press statement to the ministry, received by "Al-Ghad Press", that Jaafari "received today a copy of the credentials of Pakistan's new ambassador to Baghdad, Sajid Bilal."
 

He pointed out that the two sides discussed bilateral relations between Baghdad and Islamabad, and ways to strengthen them in the interests of the two friendly peoples. 

"We must intensify our efforts to activate common interests and confront common dangers and coordination in all fields, especially intelligence cooperation and religious tourism, and increase the number of visitors to the holy shrines," Jaafari said. 

He described the Iraqi-Pakistani relations as "good", expressing Baghdad's desire to raise them to the level of aspiration of the two friendly peoples. 

Jafari wished the ambassador success in his duties in Baghdad, and expressed the readiness of the Foreign Ministry to provide all support for the success of the work of the diplomatic mission in Iraq. 

For his part, the ambassador stressed that Iraq and Pakistan enjoy "deep friendship, we have deep roots common to our two peoples, and congratulate you on the victories against the terrorist gangs." 

"Our two countries have the brutality of terrorism and we have won and fought it, and we must continue to cooperate in the exchange of experience in the field of counter-terrorism." 

"We will do everything in our power to promote economic, commercial, investment, agricultural and scientific relations," he said.

Japan offers "electric" aid to Kurdistan

Shafaq News / The Government of Japan has provided 32 electric transformers to the province of Sulaymaniyah, the province of Kurdistan, to serve about 10 thousand people.
The United Nations Mission in Iraq (UNAMI) said in a statement that the Government of Japan had provided 32 transformers to the city of Sulaymaniyah within the crisis response program, and build capacity to confront them in Iraq of the United Nations Development Program.
It said 10,000 people could enjoy electricity in the province.

Details of the opening of an Iraqi bank in Saudi Arabia

31-03-2018 01:45 PM
Baghdad News

The governor of the Central Bank Ali al-Alaq, Saturday, that there is coordination between Baghdad and Riyadh, to open a branch of the Iraqi Bank for Trade in Saudi Arabia.
Al-Alaq said in a press statement that 'the monetary relations between Iraq and Saudi Arabia are good and soon a branch of the Iraqi Bank for Trade will be opened in Saudi Arabia to facilitate trade exchange between the two brotherly countries.'
Saudi Arabia will also decide to open a branch of one of its banks in Iraq soon, which will encourage economic relations between the two countries," he said. d
 
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GLOBAL/NEWS/INFO
Iris Apfel: 10 life lessons from a 96-year-old who is probably cooler than you
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OIL/COMMODITIES/ENERGY
Gold Prices Flat as Dollar Edges Up From Lows
Investing.com
Commodities Mar 29, 2018 17:53 GMT Investing.com – Gold prices remained subdued as the dollar rose from lows, weakening demand for the precious metal but a slight uptick in geopolitical tensions stemmed losses. Gold futures for April delivery on the Comex division of the New York Mercantile Exchange fell by $2.20, or 0.17%, to $1,322.00 a troy ounce. Gold prices fell as the dollar bounced off sessions lows to turn positive amid mostly encouraging U.S. economic data which did little to derail the Read the full story

Crude Oil Prices Settle Higher as US Rig Count Snaps 2-Week Gain
Investing.com
Commodities Mar 29, 2018 18:32 GMT Investing.com - Crude oil prices settled higher on Thursday, notching a quarterly gain, as traders cheered data showing the first fall in U.S. oil rigs in three weeks, pointing to possible tightening in domestic output. On the New York Mercantile Exchange crude futures for May delivery rose 0.87% cents to settle at $64.94 a barrel, while on London’s Intercontinental Exchange, Brent gained 0.63% to trade at $69.19 a barrel. WTI crude ended the quarter up 7.5%. Read the full story

Davenport Resources reveals Maiden Resource for NT gold-copper play | Finfeed.com
Finfeed
Davenport Resources Limited (ASX:DAV) has today announced a maiden Mineral Resource estimate for the Johnnies Reward gold-copper deposit. The Inferred Mineral Resource estimate stands at 2.2 Mt @ 1.4 g/t gold equivalent for 101,000 ounces gold equivalent for the project, which is part of DAV’s 100%-owned Southern Cross Bore Project in the Northern Territory. Prepared by Conarco Consulting, the Resource includes 52,000 ounces gold at 0.7 g/t and 9,000 tonnes copper at 0.4%. The Inferred Mineral Read the full story

BANKS/BANKING/CREDIT
Finance Chief claims London will remain world's MAJOR financial centre post-Brexit
Express
BREXIT will not push London off its podium as the number one financial hub of Europe as well as the rest of the world, according to chief economist Gerard Lyons. Speaking to Bloomberg, the Chief Economic Strategist at Netwealth Investments claimed that despite the political uncertainty of the first stage of the Brexit negotiations, markets are feeling confident London will remain the number one financial hub in Europe as well as potentially in the rest of the world. Read the full story

Here’s why a new Deutsche Bank CEO wouldn’t be a buy signal for the stock
MarketWatch
If Deutsche Bank does move to change leaders, it could still be too soon to turn bullish on the beleaguered German bank’s shares. Read the full story

Interest Rates Are on the Rise. Here's How to Prepare
The Motley Fool
Is this a sign of an improving economy, or a warning to get that debt paid off? A little bit of both. Read the full story


TREASURIES/BONDS/STOCKS
Will Treasurys’ wobbly first quarter set the stage for the market to get flattened?
MarketWatch
Bond buyers have seen a turbulent quarter, with its recent vacillations leaving market participants unsure about the outlook for U.S. government paper Read the full story

Data, earnings set to wrest stock market’s attention from Facebook and trade
MarketWatch
After a volatile month where trading on Wall Street was heavily driven by the prospect of new trade policies and a data scandal at Facebook, which drove the overall technology sector sharply lower, investors are poised to return to trading based on hard economic data and corporate fundamentals. They can’t wait. Read the full story

Weekend roundup: Fear and the stock market | Tesla’s cash problem | Easy way to make a ton of money
MarketWatch
This streak for the Dow Jones Industrial Average is broken, plus an alternative to the FAANG stocks. Read the full story


CRYPTO'S / DIGITAL CURRENCY
Bitcoin's Biggest Winners—or Losers—Are Likely to Be Men
The Atlantic
A thought experiment about risk-taking, equity, and gender. Read the full story

Cryptocurrency This Week: AirAsia To Launch Its Own Cryptocurrency Called BigCoin And More
Inc42
While cryptocurrency leads the dark web space, the currency has been one of the primary reasons behind all the illegal and sinister things that happen in the society, even when it is just a legal tender of getting things done. Speaking at a NASSCOM Conclave, Bengaluru, Rohas Nagpal, Cofounder of Primechain Technologies, a blockchain startup explained, “Currency itself is not a resource. Read the INR 2,000 note, it doesn’t say anything but, ‘I promise to pay the bearer the sum of two thousand Read the full story

Bitcoin price CRASH: Analysts think cryptocurrency could be reaching its BOTTOM
Express
BITCOIN could be reaching the bottom of its bear run as experts speculate the cryptocurrency could fall in the $6,600-$6,000 range over the weekend, it has been reported The cryptocurrency hit a 50-day low on March 30, reaching $6,630. Writing on Coindesk, Bitcoin analyst Omkar Godbole said the digital currency tends to reverse every time the relative strength index drops to or below 30.00. He also speculated that Bitcoin will fall in the $6,600-$6,000 range over the weekend. Read the full story

Bitcoin review: Twitter bans ICO ads, LitePay closes, DashBid debuts - New York Business Journal
New York Business Journal
A look at this past week's cryptocurrency headlines. Read the full story

Coinbase Files Reg D with SEC as it Preps to Support Additional Cryptocurrencies | Crowdfund Insider
Crowdfund Insider
Coinbase has filed a Form D 506c with the Securities and Exchange Commission for its Index Fund. The fund was announced earlier this month as a path for investors to gain diversified exposure to the fast evolving digital asset class. The Form D shared little... Read More The post Coinbase Files Reg D with SEC as it Preps to Support Additional Cryptocurrencies appeared first on Crowdfund Insider. Read the full story


CURRENCIES
Dollar gains on the week, but drops 2.1% in first quarter
MarketWatch
The U.S. dollar ended the month of March and first quarter of the year on a weaker note versus its rivals, while the Japanese yen comes out as the winner of the first three months of the year. Read the full story

China's 'petro-yuan': The end of the dollar hegemony?
Aljazeera
In an attempt to reshape the global oil market, the Shanghai International Energy Exchange has launched the first crude futures contracts priced in Chinese reminbi, or yuan. China, the world's biggest oil importer buys around nine million barrels of oil every day and it wants to use its own currency to price the world's most-traded commodity. The US dollar has been the main currency for oil futures contracts, so launching a contract in its domestic currency is a sign that China wants the yuan to Read the full story


INSURANCE / HEALTH
MetLife and WeSure Form Strategic Digital Insurance Partnership
Business Wire
Redefining travelers’ insurance products in the digital era SHENZHEN, China--(BUSINESS WIRE)--Global Life and Health insurer MetLife and WeSure, digital insurance provider owned by Tencent, today announced a strategic partnership to offer insurance solutions to travellers through Tencent’s WeSure online insurance platform. This alliance marries WeSure’s extensive base of 1 billion monthly active users on Tencent’s mobile social communications platform, WeChat, with MetLife’s global expertise in Read the full story

Cancer-warning labels on coffee? California ruling 'crazy,' scientists say
The Seattle Times
California's Proposition 65, officially called the Safe Drinking Water and Toxic Enforcement Act of 1986, requires businesses to warn customers if they could be exposed to any of the more than 900 confirmed or suspected carcinogens. Read the full story

Can coffee actually prevent cancer?
Fox News
Dr. Marc Siegel of the Fox News Medical A-Team on a California judge's ruling that coffee must carry a cancer warning label. Read the full story

Walmart’s potential Humana deal could connect your health insurance with the produce aisle
MarketWatch
The deal, if it goes through, marks a pursuit of big data across industries. Read the full story



USA/CANADA
Weekly Jobless Claims 215,000 in United States - Stock Market Daily
Stock Market Daily Co
Weekly Jobless Claims 215,000 in United States Despite the signs of a slowdown in the first quarter, last week the number of Americans who had filed for unemployment benefits dropped to more than a 45-year low. This suggests that the economy remains strong. The initial claims for the state unemployment benefits had dropped to 12000 […] The post Weekly Jobless Claims 215,000 in United States appeared first on Stock Market Daily. Read the full story

U.S. Russia tensions flare
MSNBC
Russia is claiming it test-fired a ballistic missile that is invincible against western defense systems. CFR’s Charles Kupchan, a former NSC director of European Affairs under two administrations, tells David Gura why things are about to get much worse. Read more Read the full story


EMERGING MARKETS
A Bittersweet Journey Back to Puerto Rico After Maria
The New York Times
The Times joined a family on their return to Puerto Rico months after fleeing Hurricane Maria’s fury. The homecoming was not what they expected. Read the full story

Military mission in Puerto Rico after hurricane was better than critics say but suffered flaws
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Compared to its foreign disaster missions, the US military mobilized slowly after Maria. But in numbers, capacity and logistics coordination, its work in Puerto Rico was on par with other aid efforts. Read the full story

Venezuela president lands on Panama's 'high risk' money laundering list
Reuters
Venezuelan president Nicolas Maduro along with more than 50 Venezuelan nationals are considered "high risk" for laundering money and financing terrorism, according to an advisory issued by Panama's economy and finance ministry. Read the full story

Chilean miner Codelco says copper output, profit jumped in 2017
Mining Weekly Africa
Chile's state copper company Codelco said on Thursday it produced 1.73-million tonnes of copper in 2017, its second highest output ever, despite persistently low ore grades at its aging mines. The world's top copper miner posted a 2017 pre-tax profit of $2.88-billion, a six-fold increase over its earnings in 2016, even as production costs jumped 7.8% to $1.359/lb of copper. Read the full story


MIDDLE EAST
Iranian official calls MBS 'delusional' after prince warns of war
Aljazeera
Iran's Foreign Ministry spokesman has lashed out at Saudi Arabia's crown prince Mohammed bin Salman, after the 32-year-old heir to the throne warned war with Tehran could be just 10 to 15 years away. Bahram Qassemi warned bin Salman - widely known as MBS - "not to dice with death" and called on veteran Saudi officials to teach the "delusional novice" of the fate former Iraqi leader Saddam Hussein endured after he challenged the "Iranian nation's resolve". "This delusional novice, who is still Read the full story

UN fails to condemn Israel's use force on unarmed Palestinians
Aljazeera
At Kuwait's request, the UN Security Council held an emergency meeting late on Friday, to issue a statement condemning Israel's use of force against Palestinians protesting in Gaza. The US blocked it several times, and the council failed to agree on a joint statement. UN Secretary-General Antonio Guterres called for an "independent and transparent investigation" and reaffirmed "the readiness" of the world body to revitalise peace efforts. However, Mansour al-Otaibi, Kuwait's ambassador to the UN Read the full story

Saudi Arabia's solar power goals: as challenging as they are big
My San Antonio
Saudi Arabia and Japan's SoftBank Group Corp. signed a memorandum of understanding on Tuesday to develop 200 gigawatts of solar power capacity by 2030 in the desert kingdom, with a price tag of $200 billion. Read the full story

Saudi Crown Prince tours Boeing on secretive Seattle visit
The Seattle Times
Crown Prince Mohammed bin Salman of Saudi Arabia, beginning the West Coast leg of a 3-week U.S. tour, visited Boeing's Everett jet assembly plant Friday. He announced a military deal with the jetmaker and prepared to meet other business leaders in Seattle. Read the full story


Austrian bank in Iran freezes business fearing U.S. sanctions - International news - Jerusalem Post
Jerusalem Post
In contrast to former president Barack Obama's US administration, the Trump administration seeks a comprehensive plan to stop Iranian terrorism in the wider Middle East. Austria's Oberbank, which entered Iran's financial system as the first European bank since the 2015 Iran nuclear deal, announced on Thursday that it has not moved forward with business transactions with Tehran because of US sanctions. An article in the Austrian daily Die Presse wrote that “as the first Western financial Read the full story


AFRICA
Zimbabwe: 'Mugabe's U.S.$10 Million Package Equals Asset Stripping'
AllAfrica
Government's $10 million package to former President Robert Mugabe is nothing short of "asset stripping", Zapu leader Dumiso Dabengwa has said. In his party manifesto ahead of elections expected later this year, Dabengwa a former Home Affairs minister in Mugabe's administration said his party will introduce a leaner government with less concentration of power on "one person". "Currently, the executive authority is excessively centralized in the person of the president. This enables the president Read the full story

Zimbabwe: China Rages at Mnangagwa's 'Illegal' Looters List
AllAfrica
President Emmerson Mnangagwa's upcoming State visit to China is likely to bring him face to face with angry businesspeople from the Asian giant whom his government included in a list of "looters" who externalized millions. Government, over a week ago, released a list of companies fronted by hundreds of Chinese nationals and companies. The release of the list has left the Chinese embassy in Harare seething with anger and Consular Zhao Boagang did little to hide it at a press briefing Friday. "The Read the full story

Zimbabwe: Harare's Biggest Hospitals 'Close'
AllAfrica
Zimbabwe's two biggest hospitals Harare and Parirenyatwa effectively shut their doors to the public as President Emmerson Mnangagwa continues to dither in resolving a month-old strike by junior and middle level doctors. According to a letter addressed to clinical directors at the two hospitals by senior medical consultants and dated March 29th, the two medical institutions were closing their doors to new patients as of that day. "The consultants have met today March 29 2018 and have noted that Read the full story


ASIA
Beijing must change its ways or US trade war looks inevitable
South China Morning Post
If China refuses to alter some of its practices, such as its pursuit of foreign intellectual property, the scenario is likely to play out in the worst way possible and cripple global markets Read the full story

China's manufacturing sector was stronger than expected in March
Business Insider
A worker polishes steel pipes at a factory of Dongbei Special Steel Group Co Ltd in Dalian, Liaoning province, China March 27, 2018. The official PMI released on Saturday rose to 51.5 in March, from 50.3 in February. Analysts surveyed by Reuters had forecast the reading would pick up only slightly to 50.5. The findings add to a growing amount of data which suggest that China's economy has carried more momentum into the first quarter from last year than analysts had expected. BEIJING (Reuters) - Read the full story

In China, Kim Jong-un was an astute player on his international debut
South China Morning Post
In his meeting with Chinese President Xi Jinping in Beijing, the North Korean leader showed the world had underestimated his skill in playing a potentially explosive game of geopolitical chess Read the full story


EUROPE
One year to Brexit: How well has the British economy really been performing? And what can we expect next?
The Independent
There is now just one year to go before the UK exits the European Union. Read the full story

EU nations REFUSING to face up to the economic reality of Brexit
Express
EU nations are seemingly refusing to face up to the economic impact of Brexit and are showing a lack of concern around the wide-ranging and imminent implications of Britain’s departure from the bloc. This is according to analysis of Brexit coverage by media organisations within the EU27 by the Reuters Institute for the Study of Journalism at Oxford University. The study, published a year after Article 50 was triggered on March 29, 2017, focused on France, Germany, Greece, Italy, Poland, Spain, Read the full story

One year to Brexit: How well has the British economy really been performing? And what can we expect next?
The Independent
There is now just one year to go before the UK exits the European Union. Read the full story
 
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d
 
Blessed and Highly Favored:
 
CBI Update:
 
CBI site just came back up after being down all weekend at 7:30 am eastern
 
The CBI for Sunday 4/1/18 did update on the indicative rates Sell Rate 1184
The currency auction is 197,018,430
There is one news and announcements for Sunday 4/1/18
1.The prices of bullion and gold coins on Tuesday 2018/4/3
ISX Update:
Value Traded
 
996,999,094
 
Shares Traded
 
2,018,583,613
 
 
ISX ended in Red
 
 
Kauaihn Chatter:
 
 
 
3-31-2018   Newshound Guru G-Lin   Article:  "Central Bank: We have succeeded in ending the exchange rate gap"   They are referring to what they have already accomplished.  ...I know they have had settlement of salaries. The banking industry will continue to improve but it sounds as though they are compliant with IMF. Lets improve that rate and they should be good to go. For them to announce they have closed the gap is pretty big. 

3-31-2018   Intel Guru Delta
   Article:  "Including "Almasl" and shaving .. 14 tax awaits Iraqis with the entry into force of the budget"   AT 1-1 THE PRICES INSIDE IRAQ WILL DROP BY 20%...IT WILL BE SUICIDAL IF THEY DON'T CHANGE RATE BEFORE IMPOSING THE 14 TAXES...
 
3-31-2018   Newshound Guru Kaperoni   Article:  "Central Bank: We have succeeded in ending the exchange rate gap"  Quote:  "The reform carried out by the Central Bank, based on three axes, the first close the exchange rate gap, Carrying out financial inclusion and settling salaries and the third related to the process of technical development within the banking system..."   ...nice to have a matter of fact statement.

3-31-2018   Intel Guru RayRen98
   ARTICLES ARE NOW INDICATING THAT THE BUDGET IS SET TO BE PUBLISHED IN THE GAZETTE ON MONDAY.

3-31-2018   Newshound Guru Whitelions    for what it's worth Iraq is bring in all kinds of new business, opening banks, training tellers, giving low interest loans no almost no collateral...awarding contracts and still trying to hold an election... this is not a country that will do all this just to stay a sh*t rate.

3-31-2018   Newshound Guru Walkingstick   Adding to that, details... specifics of the process.. is and has been in motion... revealed, to the Iraqis themselves ...then,  we will ever know/read of...   That info will be released within the article/s when released.. Stated, many times... the process, its means ..can be launched in a number of different manners... The notes, their denomination... in question, would be launched for a number of pertinent reason/s...  not arbitrarily, or haphazardly.. it, will be... for reason/s.  (post 2 of 2)

3-31-2018   Newshound Guru Walkingstick   [...will the article(s) announce the entire process or will there be several that piece together the whole situation like: ATMs, International MasterCard, Lower Denoms etc. One could say the launch already started with the MasterCard release?]   In brief, yes... in a succinct manner, with enough understanding/ information to eliminate any confusion... Coupled, with the launch ... there, will be.. many more to follow .. as the process dictates, more information will be released...  [post 1 of 2....stay tuned]
 
3-31-2018 Newshound Guru Kaperoni‏ We've talked about this for years and used factual information to support what the plan really is including actual words from the CBI. The deletion of zeros is not a single event it's a process in which they gradually raise the value which could take several years once they started. In fact one of the latest instructions from the CBI stated that they will continue to accept the old currency for up to 10 years. The CBI also stated but the Iraqi dinar will join the world currency markets which is Forex. The IMF also instructed the CBI to move to a more liberal exchange regime (float) to allow the dinar to appreciate based on the Balassa-Samuelson effect. These are actual facts...and studying and learning how monetary policies work is critical to understanding what the dinar will do. The physical note account cannot be reduced until they begin to float the currency in which then they can collect notes as they are deposited and destroy them. This is part of the reason why the process could take 10 years because it's going to be gradual over time. Not to mention the CBI has stated over and over again as recent as a week ago that there's 60 trillion Iraqi dinar outside the banking system in homes (in mattresses under beds etc.)
 
 
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Elmer:
 
Not in today
 
Artmeister:
 
Not in today
 

Catnip:
 
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ARTICLE 1-A (from PM Abadi's website; posted on both Arabic and English sides)

Prime Minister Dr. Haider Abadi issues a decree to speed up the national effort and provide basic service needs in Baghdad and the provinces

31 March 2018

Prime Minister Dr. Haider Abadi issued a decree that includes several measures to speed up the national effort and provide basic service needs in the capital Baghdad and the provinces.

The Diwani order states: "Based on the requirements of the public interest and the implementation of the decision of the Council of Ministers No. (123) for the year 2018, which includes the formation of an operations room to follow up the basic service needs in the capital and provinces and the implementation of the implementation of the national efforts of various ministries and local governments Basic services for citizens in all governorates and unifying the efforts exerted in this regard, we decided the following:

First: - The engineering effort of the engineering formations of the Ministries of Defense and Interior
And the Popular Mobilization Authority under the command of the Prime Minister and the Commander-in-Chief of the Armed Forces. Their movements shall be through the Office of the Prime Minister exclusively, which shall contribute to assigning the functions and functions of the operations room established by the Council of Ministers.

Second: The provisions of item (1) of this order shall not apply to operations related to the military engineering effort of the military and security operations, which shall remain within the approved contexts of the military and security authorities.

Third: The order shall be implemented as of the date of its issuance.

Prime Minister 's Media Office
31 March 2018

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ARTICLE 1-B (from PM Abadi's website; posted on both Arabic and English sides)
Prime Minister Dr. Haidar Al-Abbadi congratulates the Christians in Iraq and the world on Easter (Resurrection)

31 March 2018

"I extend my sincere congratulations and congratulations to the Christian brothers in Iraq and the world on the occasion of their Easter celebrations, wishing them happiness and a dignified life in their country and their beloved country Iraq, asking God to grant his country and our people good health and safety after we have passed a difficult stage and achieved The unity that impressed the world, the unity that the Iraqis have reaped its fruits, security and stability, and started to build and destroy what was destroyed by those who wanted to live, to stop, my sincere wishes to our dear people for good and well-being, especially the Christian brothers, celebrating their religious occasions and practicing their rituals with all due respect. Yeh, along with their partners at home and determination, and on this happy occasion to Aasni but prayed to God Almighty to restore the joys of all Iraqis well, peace and well-being under one unified homeland tent,
Every year, all Iraqis and Christian brothers are a thousand good. "

Dr. Haider Abadi
Prime Minister
31 March 2018

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ARTICLE 1-C (from PM Abadi's website; posted on both Arabic and English sides)

Prime Minister and Commander-in-Chief of the Armed Forces Dr. Haider Al-Abadi visits the Joint Operations Command

31 March 2018

Prime Minister, Commander of the Armed Forces, Dr. Haider Al-Abadi, during his visit to lead the joint operations on the operations of securing the Iraqi border, in addition to the cleansing of the terrorist cells of a number of areas after the liberation of the entire Iraqi territory.
Prime Minister 's Media Office
31 March 2018

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ARTICLE 2

Polls: Abadi first, then Sadr and Amiri and 20 seats for the owners only

The newspaper "Al-Arab" published on Saturday a report on a poll conducted by Iraqi Marqaza, the results showed that the street supports in the first place the alliance of victory led by the current Prime Minister Haider Abadi, followed by a coalition of others Supported by the leader of the Sadrist movement Moqtada al-Sadr, and in third place the alliance led by the Secretary General of the Badr Organization Hadi al-Amiri, while indicated that the least support in the street will be the share of the list of the coalition of state law Nuri al-Maliki.
The newspaper said in its report that "the Iraqi capital Baghdad is witnessing the publication of the results of opinion polls on the results of the general elections scheduled in May, mostly for the benefit of Iraqi Prime Minister Haider Abadi.
The "Iraqi Ideas" and "Strategic and International Studies" published the results of two surveys, including the first
A sample, while the second did not disclose details in this area, but they agreed to list
"Victory", led by Abadi will win a comfortable election, according to the newspaper.
Al-Abbadi won the support of 15 percent of the respondents, while the list supported by Moqtada al-Sadr came in second place. , And the alliance, "open" led by Hadi Amiri,
Third".
The survey by the Center for Strategic and International Studies was more detailed in terms of the results. "Abadi will get seats between 72 and 78, while Vice President Nuri al-Maliki will get about 20 seats." Optimists who are close to Abadi, who believe that the prime minister will reap 60 seats in the next parliament.
According to the newspaper, "opponents of Abadi and his rivals are skeptical of these results, and say that it is part of his campaign propaganda directed, but an official in the office Abadi denied any link to these centers."
An official close to Abadi, according to the "Arabs" that "talk about the Prime Minister's office in these surveys is lacking evidence," noting that "these surveys published on websites in English, follow the centers of studies known, and you can verify them."
Abadi needs to win a comfortable margin of seats from his closest rival, so that he can translate his ambition in the second term into reality. Opponents believe Ebadi that the results of at least three lists will be so close that it is difficult to talk about a winner in these elections, .
The competition is likely to focus on the first place between Abadi, Sadr and Amiri, while the coalition of the rule of law led by Nuri al-Maliki and the stream of wisdom led by Ammar al-Hakim in second place.
"The process of forming the next government will be difficult, because the winners of the elections will have their results are close," says Naim al-Aboudi, a leader of the Fatah coalition.
The newspaper quoted Iraqi observers as saying that "Abadi, if he does not exceed the threshold of 50 seats in the 329-seat parliament, his chances in the second term will be limited.
Observers say the candidate, who holds the post of prime minister, has broad public support in any election, as is the case with Iyad Allawi and al-Maliki in the past, "the inclination of the Iraqis in general to vote for power," which enhances the chances of Abadi in these elections.
Allawi and Maliki, who served as prime minister in Iraq, won more than one million votes in the 2010 elections, despite being nominated in one constituency, the Iraqi capital. But this is the first time that the Shiite election arena has seen so many leaders The contestants complicate the prediction process and open the door to a "close win" for the lists of Abbadi, Amiri and Sadr, according to the "Arabs".
The Iraqi political observer said that "the results of these polls may not reflect a popular decision in a country where the likes of the likes of Iraq," noting that "election propaganda has not yet begun, and that when it begins there will be many images to change the trends of public opinion." Finished (1)

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ARTICLE 3

Karma: We will not sell our electoral cards and we will change the corrupt through the ballot boxes

ANBAR, March 31 (Reuters) - In response to what they described as the "stingy sounds" of selling election cards, informed sources in Anbar province said on Saturday that the masses of the Jarmeh district had confirmed their broad participation in the parliamentary elections, Old faces ".
"The Anbar province is witnessing demonstrations and rallies that affirm their adherence to their right to vote and the need to change the previous approach through the selection of national figures working for the benefit of the province," noting that, "The uprising in Karma came in response to rumors and voices stymied against the corrupt to confirm their wide participation The next electoral process for change. "
Local media have reported earlier that "Anbar province is witnessing the phenomenon of selling electoral cards, which is unacceptable and the citizen should be careful to his voice to prevent fraud and the rise of corrupt to power again," noting that "" Most cards sold at the price Ranging between 50-100 thousand Iraqi dinars, and the federal government to form an investigative committee in this regard and stop the theft of citizens' voices and exploitation of their living conditions. "

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ARTICLE 4

MOSCOW: Terrorists in Iraq and Syria have been denied oil, but they have retained their weapons
2018/3/31 14:37
[Ayna-Follow]
A Russian Foreign Ministry official confirmed that arms smuggling remains one of the biggest obstacles to counter-terrorism efforts in Iraq and Syria, as well as the problem of financing terrorist organizations there.
"The smuggling of oil as one of the most important sources of funding for terrorist groups in Syria and Iraq is almost non-existent, but many other issues are still pending," said Russian Foreign Ministry Director of Threats Elia Rogachev.
He pointed out that the supporter and the Nasra front did not suffer from the lack of ammunition during the seven years of the Syrian crisis.
"Our air space forces daily announce the destruction of weapons depots and ammunition belonging to terrorists, but their reserves never run out."
"They have stockpiled imaginary quantities of so-called military products, knowing that they make only a small fraction of the local ones, where they receive almost 100% of these products from outside parties, and the question that arises is" who makes, buys and delivers all this to them? "
Russia has been able to monitor some of the relevant activities and has begun working with a number of countries on this issue, Rogachev said, noting that the problem of arms smuggling has not yet been seriously raised in the context of international cooperation in combating terrorism.
The UN Security Council ratified in 2015 resolutions 2199 and 2263, which oblige the countries of the world to work to drain the sources of funding and Al-Qaeda and other terrorist organizations in Iraq and Syria.
The Security Council also called for the denial of access to economic resources by terrorist organizations and the direct or indirect trade in oil and its derivatives.

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ARTICLE 5

The popular crowd and security forces launch a four-pronged search and rescue operation south of Al-Tuz
2018/3/31 9:29
[Ayna-Baghdad]
The popular crowd announced on Saturday the start of search and tracking of terrorist elements in southern Tuzhurmato district.
"The brigades of the Popular Forces in support of the federal police forces, launched this morning, from four axes of a security operation south of Al-Toz," the media said in a press statement received by the All Iraq agency.
"The operation is aimed at eradicating the remnants of terrorist groups and securing the judiciary and surrounding areas from imaginary exposures and controls," he said.

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ARTICLE 6

The crowd is apprehending two terrorists who have links to the Sumadian cache
2018/3/31 20:58
A force from the popular crowd of the Ali al-Akbar Brigade arrested two terrorists in the Riyadh region who were linked to the al-Saadouniya terrorist groups set up by a group of popular fighters in Saadouniyah.
"Two terrorists were ambushed after receiving intelligence, which we obtained through continuous follow-up to their whereabouts, where they were arrested on the road between Kirkuk and Riyadh," said Amer Qatri, a brigadier general of Ali Akbar al-Qarghuli.
"It was in their intention to get out of this cutout and escape to Kirkuk to communicate with the sleeper cells there and to transfer information about the units in this area," he said. "They were certainly involved in the ambush of the terrorists.

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