WOTS Thursday 4/19/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,168.4000 | 1,168.4000 | 1,168.4000 | | 20:00 |
| USD/VND | | | 22,744.0000 | 22,440.0000 | 22,440.0000 | | 04:15 |
| USD/CNY | | | 6.2797 | 6.2541 | 6.2644 | | 05:55 |
| USD/KWD | | | 0.2995 | 0.2987 | 0.2994 | | 05:46 |
| GBP/USD | | | 1.4217 | 1.4166 | 1.4202 | | 05:55 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,792.0000 | 13,747.0000 | 13,760.0000 | | 05:55 |
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DC NY Iraq Articles:dddd
Baghdad Alliance: We seek to restore Baghdad as a global cultural center to attract international attention
BAGHDAD (Reuters) - The Baghdad Alliance said on Thursday it was seeking to restore Baghdad as a global hub to attract international attention.
The leader and candidate for the Baghdad Alliance, Laith al-Dulaimi, said that 'his list put at the top of its priorities the project to restore the capital Baghdad is a global cultural center worthy of its history and humanitarian role after the neglect suffered over the past years because of poor management and security and economic conditions.'
Al-Dulaimi added that "among the plans of the list of the Baghdad Alliance is to put forward the project to revive the capital and develop its services and historical sites and neglected heritage and rehabilitation to be points of polarization of international attention and attract tourism and investment prospects to ensure the return of prestige to Baghdad and develop its economic and civilization.
Stressing that 'the Baghdad Alliance committed itself and bore the name of the capital Baghdad to seek to be a capital of pride for every Iraqi and come back as it was and the most beautiful thanks to the efforts of its loyal sons'.
A delegation from the region is visiting Baghdad to discuss the opening of border crossings
Release date: 2018/4/19 10:09 • 156 times read
(Baghdad: Al-Furat News) A delegation from the Ministry of Finance of the Kurdistan Regional Government will visit Baghdad in the coming days to discuss the reopening of the secondary border crossings.
"The delegation will visit Baghdad at the General Directorate of Customs, which is also formed by the Ministry of Finance, to discuss the reopening of the informal border crossings with Iraqi officials, which was closed by a decision of the Iraqi government," said General Director of Customs in the Kurdistan region Samal Abdul Rahman.
"The Iraqi government has sent several delegations to the Kurdistan region in recent months to resolve the issue of border crossings and to make secondary crossings official crossings, knowing that the secondary crossings are already official by Iran and the provincial government."
On the date of the visit, Abdul Rahman said that there is no specific day for the visit, but that it is close, pointing out that the attempts to reopen all crossings are ongoing and will be opened soon. "
"The Iraqi government has sent several delegations to the Kurdistan region in recent months to resolve the issue of border crossings and to make secondary crossings official crossings, knowing that the secondary crossings are already official by Iran and the provincial government."
On the date of the visit, Abdul Rahman said that there is no specific day for the visit, but that it is close, pointing out that the attempts to reopen all crossings are ongoing and will be opened soon. "
Anbar Our identity: We seek to support the Iraqi investor in order to achieve an independent economy
19-04-2018 12:48 PM
The Anbar Alliance announced on Thursday that it is seeking to support the Iraqi investor in the framework of its electoral program and allow it to participate in reconstruction and reduce dependence on foreign loans and foreign companies in order to support and ensure the independence of the Iraqi economy.
The coalition said in a statement that 'what the liberated provinces need of the terrorist advocate requires everyone to develop ambitious plans to activate the Iraqi national contribution to the development of effort and Iraqi expertise and reduce reliance on loans that harm the Iraqi economy in the long term and reduce the chances of generations to benefit from their wealth' .
The statement added that there are hundreds of Iraqi companies capable of contributing to the reconstruction and attract Iraqi talent and reduce unemployment and that the Anbar Alliance our identity and put in mind the development of plans and the issuance of laws in the next phase to achieve an independent Iraqi economy independent.
Minister of Housing discusses the mechanism of granting land loans and loans to families of martyrs and deceased
(Independent) ... Minister of Construction, Housing, Municipalities and Public Works Ann Nafi Osi heads the first meeting of the Board of Trustees of the Housing Fund for the year 2018
The Minister of Construction, Housing, Municipalities and Public Works, Ann Nafie Oussi, chaired the first meeting of the Board of Trustees of the Housing Fund for the year 2018 at the Ministry's headquarters, in the presence of the administrative agent of the Ministry and the Director General of the Fund.
During the meeting, the minister reviewed the issues and issues on the agenda and discussed solutions related to the work of the fund, the granting of loans for the distribution of communal land, the powers of the chairman of the board of trustees, activating the tasks and work of the fund and facilitating its procedures,
The minister explained that the mechanism of granting loans to communal lands was discussed as well as facilitating the approval procedures for granting loans to the families of martyrs and deceased, as well as preparing a study to grant special loans for the reconstruction of housing units affected by terrorist operations in the liberated areas and work to support the work of the Fund in terms of lending citizens through financing By the central bank
The Minister praised the efforts made by the Housing Fund of the Ministry and its efforts to provide decent housing for citizens through the loans granted according to the regulations and instructions, stressing the importance of clarifying all the laws and instructions for loans of the Fund and the mechanism of granting loans for plots of land, These instructions.
The Board of Trustees of the Housing Fund Department includes members of the Ministry of Finance, the Ministry of Planning, the Municipality of Baghdad, the Department of Real Estate Registration, the Iraqi Housing Fund of the Ministry.
Iraqi president confirms there is a defect in the powers of the President
| Baghdad, April 18 (Petra) - President of the Republic of Iraq Fuad Masum revealed on Wednesday that there are many weaknesses in the Iraqi constitution on the powers of the President of the Republic. Masoum said in a press statement on Wednesday that this issue needs to convene a conference of a number of experts and specialists to discuss the powers of the President of the Republic in the Constitution and reconsider in order to maintain stability and balance in the country. He added there is a defect and administrative weakness in the Constitution led to a dispute between the federal government and the provinces on some powers. He called for the need to restore the stability and reconstruction of the liberated provinces from the control of the organization calling the terrorist, especially as the budget for the year 2018 allocated limited funds to those provinces and Iraq does not have those great potential for reconstruction. |
Mastercard Files Patent to Use Blockchain
https://financialtribune.com/
Thursday, April 19, 2018 Mastercard has filed a patent that reveals it might utilize blockchain as a way to protect identity data.
The application, which was originally filed in September 2017 and was released by the US Patent and Trademark Office last week, describes how a semi-private or private blockchain could be used to receive and store identity data, including a “name, a street address, tax identification number” and more, Pymnts.com reported.
“The use of a blockchain for the storage of identity and credential data may provide for an immutable storage of such data that can provide an accurate verification thereof and also prevent the fabrication of such data,” wrote Mastercard in the filing.
As CoinDesk explains, the system would create a “data file” for each entity that is associated with a public key and a “geographic jurisdiction”. These entities would be “subordinate,” while a “superior” entity would place a digital signature on the data.
A “hashing module of the processing server” would then generate an “identity value” for each entity, as well as create a block with a timestamp and record of the most recent block added to the blockchain.
Only certain nodes would be allowed to submit data, which would “prevent the addition of data that may compromise the accuracy of the data stored therein.”
The company went on to explain that the system could possibly replace other ways of proving identity that may be more likely to fall prey to fabrication and inaccuracies.
In such instances, it may be difficult for an entity to disprove a false identity, leading to an interaction with an inauthentic individual or entity. Thus, there is a need for a technical solution to provide for the immutable storage of identity and credential data that may prevent fabrication and inaccuracies,” stated Mastercard.
The company has filed for more than 35 patents in blockchain technology
Thursday, April 19, 2018 Mastercard has filed a patent that reveals it might utilize blockchain as a way to protect identity data.
The application, which was originally filed in September 2017 and was released by the US Patent and Trademark Office last week, describes how a semi-private or private blockchain could be used to receive and store identity data, including a “name, a street address, tax identification number” and more, Pymnts.com reported.
“The use of a blockchain for the storage of identity and credential data may provide for an immutable storage of such data that can provide an accurate verification thereof and also prevent the fabrication of such data,” wrote Mastercard in the filing.
As CoinDesk explains, the system would create a “data file” for each entity that is associated with a public key and a “geographic jurisdiction”. These entities would be “subordinate,” while a “superior” entity would place a digital signature on the data.
A “hashing module of the processing server” would then generate an “identity value” for each entity, as well as create a block with a timestamp and record of the most recent block added to the blockchain.
Only certain nodes would be allowed to submit data, which would “prevent the addition of data that may compromise the accuracy of the data stored therein.”
The company went on to explain that the system could possibly replace other ways of proving identity that may be more likely to fall prey to fabrication and inaccuracies.
In such instances, it may be difficult for an entity to disprove a false identity, leading to an interaction with an inauthentic individual or entity. Thus, there is a need for a technical solution to provide for the immutable storage of identity and credential data that may prevent fabrication and inaccuracies,” stated Mastercard.
The company has filed for more than 35 patents in blockchain technology
Iraq Sentences 212 People to Death over IS Membership
ERBIL — Iraqi judicial authorities have sentenced 212 people to death for their links to the Islamic State (IS), a spokesperson said.“The statistics coming from the criminal courts show that 815 people have gone on trial and that 212 were sentenced to death,” judiciary spokesman Judge Abdul-Sattar al-Birqdar was quoted by Reuters.“A further 150 were sentenced to life in prison,” he stated.
According to the official, the sentences were issued by the courts in Nineveh province, one of the strongholds of the Islamic State before the extremist group was ousted by the Iraqi army, Kurdish forces, and the Coalition.“The vast majority of these rulings were against elements of the Islamic State terrorist organization who were proven to have committed crimes, and came after public trials were conducted in accordance with the law. The defendants were afforded their rights,” Birqdar said.
Another 341 people were jailed for various terms and 112 were acquitted, he said..
Kauaihn Iraq Articles:dddd
UN Security Council postpones visit of UN mission to Iraq
19-04-2018 12:54 PM
The Euphrates -
The United Nations Security Council has decided to postpone the visit of a UN mission to Iraq before the May elections at the request of the Iraqi government, UN diplomats said Wednesday.
"Because of the start of the election campaign on April 14 and because all political parties and constitutional bodies in Iraq are participating in this campaign, which is not going to happen," said Mohammed Hussein Bahr al-Uloum, the Iraqi Permanent Representative to the United Nations, to the UN Security Council. Council members can meet with Iraqi officials. The Iraqi Mission requests the Council to postpone the planned visit 'to Iraq.
The elections in Iraq are held on 329 seats in parliament on May 12 next as well as the selection of representatives of local councils, in the first elections in the country after the defeat of the organization 'Da'ash' terrorist in Iraq.
"Because of the start of the election campaign on April 14 and because all political parties and constitutional bodies in Iraq are participating in this campaign, which is not going to happen," said Mohammed Hussein Bahr al-Uloum, the Iraqi Permanent Representative to the United Nations, to the UN Security Council. Council members can meet with Iraqi officials. The Iraqi Mission requests the Council to postpone the planned visit 'to Iraq.
The elections in Iraq are held on 329 seats in parliament on May 12 next as well as the selection of representatives of local councils, in the first elections in the country after the defeat of the organization 'Da'ash' terrorist in Iraq.
International Monetary Fund: World Debt Crashing Record
19-04-2018 11:10 AM
Baghdad News -
The International Monetary Fund warned that global debt levels are higher than before the financial crisis in 2009, raising concerns about a number of major economies.
According to the Fiscal Monitor 2018, total public and private debt in the world has increased to $ 164 trillion, representing 225 percent of world output.
Figures show that the current level of debt is higher than in the days of the financial crisis, by about 12 percent, which will increase pressure on decision makers around the world and will push them to cut spending plans.
The International Monetary Fund (IMF) analysis predicts that public debt in the United States will rise significantly, given the approval of the Trump tax scheme, which provides a high level of borrowing, in the coming years.
The International Monetary Fund (IMF) said the deficit and high public debt are worrying, as countries whose debt is worsening find themselves facing difficult fiscal options and their economy is in real danger.
Signing memorandum of understanding for industrial cooperation between Tehran and Baghdad
April 19 (KUNA) -
The Minister of Defense and Armed Forces Brigadier General Amir Hatami signed with the Iraqi Minister of Industry and Mines, Mohammed Shi'a al-Sudani, Wednesday a memorandum of understanding on industrial cooperation between the two countries.
Speaking at a press conference held after the signing ceremony of the cooperation document, Al-Sudani said the signing of the Memorandum of Understanding reflects the desire of the two parties to develop bilateral cooperation in all fields, especially the industrial ones, and the interest of the two countries lies in developing these bonds.
The Minister of Industry and Mines of Iraq to the existence of a plan of action for the development of bilateral cooperation between Iraq and Iran, saying: We hope that the fruit of the memorandum and ends with projects inside Iraq.
On the other hand, the Minister of Defense and Armed Forces of Iran expressed his pleasure to sign the memorandum of understanding with Iraq. He said that the security of the region is linked to each other and that maintaining this stability depends on cooperation among regional countries only.
"The Islamic Republic is keen to develop relations with Iraq," he said, pointing out that there is a similar Iraqi vision with Iran.
He added that Iran believes that the completion of the anti-terrorism operation lies in rebuilding Iraq's badly damaged infrastructure.
"The Islamic Republic is committed to supporting Iraq in the reconstruction phase," the defense minister said. "This is not only an economic matter. It looks forward to the concerted efforts of the Iraqi people with the government and the armed forces in this country.
The Minister of Industry and Mines of Iraq to the existence of a plan of action for the development of bilateral cooperation between Iraq and Iran, saying: We hope that the fruit of the memorandum and ends with projects inside Iraq.
On the other hand, the Minister of Defense and Armed Forces of Iran expressed his pleasure to sign the memorandum of understanding with Iraq. He said that the security of the region is linked to each other and that maintaining this stability depends on cooperation among regional countries only.
"The Islamic Republic is keen to develop relations with Iraq," he said, pointing out that there is a similar Iraqi vision with Iran.
He added that Iran believes that the completion of the anti-terrorism operation lies in rebuilding Iraq's badly damaged infrastructure.
"The Islamic Republic is committed to supporting Iraq in the reconstruction phase," the defense minister said. "This is not only an economic matter. It looks forward to the concerted efforts of the Iraqi people with the government and the armed forces in this country.
Iran decides to use the euro instead of the dollar in its foreign transactions
(Independent) .. Iran turned the dollar to the euro in its foreign official transactions, in a move that would strike the speculators in the US currency, which jumped to unprecedented levels, earlier this April, as well as to face any repercussions on business transactions And the exchange market, if the United States withdraws from the nuclear agreement and impose new sanctions on Tehran.
The Council of Ministers called on all ministries, organizations and government companies to adopt the euro currency in the preparation of European reports and the dissemination of statistics and financial information. The central bank has also been charged with managing and announcing the riyal against the euro on an ongoing basis.
This came at the regular cabinet meeting, chaired by President Hassan Rowhani, on Wednesday, Fars News Agency and other local media reported.
The Iranian government took successive measures last week to rescue the local currency from the collapse of the local currency after crashing against foreign currencies, while officials attributed the exchange market to non-economic reasons.
On Tuesday, the central bank decided to set a limit on foreigners' foreign currency holdings outside banks at 10,000 euros, adding that citizens had a deadline until April to sell or deposit any excess money in banks.
The dollar exchange rate was set at 42,000 riyals and was consolidated for all business activities after the US currency jumped more than 60,000 riyals on the open market in Tehran on Monday, while it was around 36,000 riyals in mid-September. Past, losing about 66.6% of its value since that date. The exchange rate of the euro is set at 51709 riyals and the pound at 59330 riyals.
The Iranian currency has been under increasing pressure since the start of the year 2018, due to fears of a US withdrawal from the nuclear deal in May and the imposition of new sanctions. Iranian President Hassan Rowhani warned on Monday that US President Donald Trump would regret if he withdrew from the deal.
In recent months, Iran has stepped up its moves to fortify the economy by creating alternatives in various fields with its old key partners or new partners to avoid the consequences of possible sanctions.
Mahmoud Awazi, director of the office of the Iranian president, said that the Iranians to report the occurrence of irregularities and cashiers and traders who insist on selling the dollar against the local currency at a high price.
For his part, the Supreme Leader Ali Khamenei, in statements made during a meeting with Iranian intelligence officials, yesterday, that "if the scrutiny of what happens to realize that there is a foreign hand and foreign intelligence contribute to what happens (in the d
UN opens branch in liberated province and appeals to its people
The Special Representative of the Secretary-General of the United Nations in Iraq Jan Kubic during his visit to the city of Mosul, on Tuesday, resolved to open a United Nations office in the city this year.
During his visit, Kubic stressed the importance of rehabilitation and reconstruction in Nineveh, together with the voluntary and safe return of the displaced.
He pointed out that the upcoming parliamentary elections are an opportunity for the people to elect their representatives who will work for the interests of the people. They will work to rebuild confidence and peaceful coexistence and create a future that will guarantee the security, dignity and prosperity of the citizens of Nineveh.
He met in Mosul with the Governor of Nineveh, the President and members of the provincial council and head of the Office of the Independent High Electoral Commission in Nineveh and deputy commander of Nineveh operations to follow developments since the liberation of the province last July, and to hear their views on how to provide the United Nations to help in the political and electoral areas and to restore stability and return Building, community development and humanitarian areas. . The main work is being done to clear the area of conflict from the remnants of the non-flared war, restore services, rebuild infrastructure and ensure the safe and voluntary return of displaced persons to their homes. As evidenced by the Kuwait International Conference for the Reconstruction of Iraq in February 2018, the world has pledged its support for rehabilitation and reconstruction in Iraq, including Mosul and Ninewa.
Now, all efforts are focused on how to alleviate suffering and help people rebuild their lives and live in security, security, prosperity and harmony, "Kubic said.
Special Representative Kubic expressed gratitude for the sacrifices made by the Iraqi security forces and people in the war against Da'ash, for their continued efforts to eliminate the remnants of this terrorist organization and to build more confidence with the local population.
He also welcomed efforts to shift security responsibilities increasingly to the local police, who still needed to reach the necessary numbers and provide support to their needs.
The Special Representative urged officials to make all necessary preparations, including the timely distribution of voter cards to enable wide participation of voters, including internally displaced persons, both inside and outside Nineveh, and to ensure a safe and favorable environment for free and non-intimidating voter participation.
Two international companies hold two workshops at the Association of Banks to classify the banking sector
(Independent) ... Global credit rating agency "Kaptal Intelligence" and the Islamic Agency for Classification at the headquarters of the Association of Iraqi private banks in central Baghdad, and two workshops for commercial and Islamic banks, in cooperation with the Union of Arab banks and the Central Bank of Iraq.
The Association of Iraqi Private Banks in a press statement received by (independent) on Wednesday, that "the distinguished relations between the Association of private banks and international banking organizations and companies contributed to the development of the Iraqi banking sector through courses and workshops and exchange of experiences between the parties," noting that " The Iraqi private company has established in cooperation with the Global Credit Rating Agency, Capital Intelligence and two workshops on the assessment of banks and compliance with international standards.
She pointed out that "37 people working in Islamic and commercial banks participated in the workshops," noting that "the banking sector looks forward to further cooperation with international banks in order to develop relations with correspondent banks."
On the other hand, the President of the Association of Iraqi private banks, Wadih al-Hanal in his speech during the opening of the training workshops, "The Association of private banks seeking to strengthen the relations of Iraqi banks with international and Arab banks, which will reflect positively on the Iraqi economy," adding that "Iraqi banks committed By international standards ".
He pointed out that "Iraq is witnessing during the current stage a great openness by Arab banks and there is a desire to open branches of Gulf banks inside Iraq," explaining that "Iraqi banks will hold a conference with the European Union in the French capital during the coming period."
He pointed out that "the confidence existing between the banks and the Central Bank of Iraq played an important role in the development of banks, which will reflect positively."
Meanwhile, the representative of the Union of Arab Banks, Raja Kamouni, said during her speech at the opening of the two workshops that "the Union of Arab Banks has worked in association with the Association of Private Banks and the Central Bank of Iraq with international rating agencies that help the Iraqi banking sector to classify by removing many of the obstacles facing it" , Pointing out that "the European intelligence agency is concerned with sovereign classification and classification of financial markets and Iraq needs its services to facilitate the work of the banking sector."
She explained that "the workshops organized by the Association of Private Banks aim to explain the importance of classification of financial institutions and identify the strengths and weaknesses to work on them," adding that "the current trend with the Association of private banks and the Central Bank to conduct training in three phases in the area of financial classification."
"Classification is a tool for the development of the financial sector and the 56 member states of the Islamic Organization. Only seven countries are classified as Malaysia, Indonesia, Bangladesh, Pakistan, Turkey, Iran and Saudi Arabia," said the head of strategic auditing at CAPT. Promoting Sukuk, supporting small and medium-sized enterprises and identifying the outlook for the banking sector. "(End)
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Crypto Startup Files Petition Against India's Central Bank Ban
CoinDesk
An Indian startup is taking the country's central bank to court over its decision to bar banks from dealing with crypto businesses. Read the full story
Bitcoinist.net
INSURANCE / HEALTH
Asian Equities Rise Amid Upbeat Earnings Season; China Underperforms
Investing.com
© Reuters. Asian equities were mostly higher in afternoon trade Read the full story
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GLOBAL/NEWS/INFO
Opinion | IMF's Rosy Outlook Contains a Caveat for Investors
Non-stop business knowledge Get more on The Bloomberg App OPINION | PROPHETS The report suggests the economic growth outlook, commodity prices and equity markets are all at risk of dropping. APRIL 17, 2018 6:00 PM EDT Pay attention. The International Monetary Fund on Tuesday said it expects the global economy to expand 3.9 percent this year and next, a forecast that is unchanged from January estimates. That's the good news for markets. The bad news is that there was something much more important Read the full story
Mark Cuban Says This Airline Pass Was One of the Best Purchases He Ever Made
Mark Cuban knows how to travel. The billionaire investor already owns three private jets, including a Gulfstream V private jet, which he purchased for $40 million in 1999. But, as it turns out, he doesn’t even really need his own plane because he’s one of just a handful of people who can access American Airlines' first class cabin any time he wants. You see, in 1981, when American Airlines was in deep financial trouble, it offered up a lifelong, unlimited first class ticket good for flying Read the full story
Why This 27-Year-Old Mayor Is Giving His City's Poorest Residents $500 a Month--No Strings Attached
Stockton, Calif., is experimenting with universal basic income. Read the full story
OIL/COMMODITIES/ENERGY
Oil price rise on optimism ahead of U.S. supply dataMarketWatch
Front and center for traders Wednesday will be the release of weekly petroleum supply data from the Energy Information Administration. Read the full story
Oil Continues Higher Amid Bets For Bullish U.S. Supply Data
Investing.com
© Reuters. Oil prices rise ahead of U.S. supply data Read the full story
Crude Oil Prices Settle Higher as Traders Eye Draw in US Crude Supplies
Investing.com
Commodities Apr 17, 2018 18:46 GMT Investing.com - Crude oil prices struggled for direction but settle higher as investor focus shifted to U.S. crude inventory data expected to show a draw in domestic oil supplies. On the New York Mercantile Exchange crude futures for May delivery rose 30 cents to settle at $66.52 a barrel, while on London’s Intercontinental Exchange, Brent gained 12 cents to trade at $71.55 a barrel. Easing geopolitical tensions pressured oil prices as traders continued to rein Read the full story
Gold Prices Edge Lower on Firmer Dollar
Investing.com
© Reuters. Gold dips on firmer dollar Read the full story
Gold Prices Off Lows as Dollar Gives Up Gains
Investing.com
Commodities Apr 17, 2018 17:38 GMT Investing.com – Gold prices bounced off session lows on Tuesday as the dollar retreated from its highs despite positive economic data pointing to underlying strength in the U.S. economy. Gold futures for June delivery on the Comex division of the New York Mercantile Exchange fell by $1.30, or 0.10%, to $1,349.40 a troy ounce. Demand for safe-haven gold remained subdued in the wake of waning geopolitical tensions and rallying global stock markets. But weakness Read the full story
BANKS/BANKING/CREDIT
The best money transfer rates bypass both banks and the blockchain
Quartz
Quartz
A growing worry for banks is that tech companies are coming for their business, the same way Apple became a music distributor and Amazon invaded… Read the full story
Opinion | IMF and World Bank Should Focus on 3 Transitions
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App OPINION | ECONOMY The annual meetings this week must be devoted to sustaining the global economy's pickup. APRIL 18, 2018 6:00 AM EDT Let the gathering begin. It is generally accepted in economics that financial variables tend to adjust more rapidly than real and policy variables. This seems to be the case this year with the three major transitions that are critical to the longer-term well-being of the global economy and markets. While Read the full story
How Bank of America is dealing with Trump’s 'unusual administration'
POLITICO
Vice Chairwoman Anne Finucane says the bank will stay the course on its environmental initiatives, even as the White House pulls back. Read the full story
Uncertainty abounds, but the central bank will likely take wait-and-see approach
CBC News
The Bank of Canada isn't expected to change its benchmark interest rate on Wednesday. But that doesn't mean it thinks the Canadian economy is chugging along normally. Read the full story
3 ways to get the most out of your credit card rewards
CNBC
You may be getting lost in the fine print when it comes to rewards, including frequent flyer and hotel loyalty programs. And chances are, you're also leaving real money on the table. Read the full story
American Express launches a new credit card for jet-setters — with a $450 annual fee
MarketWatch
The card is aimed a the ‘most premium and often-traveling, globetrotting’ customers, the company says. Read the full story
Smart spending: Here are 6 expenses you do not put on your credit cards
USA TODAY
It's easier than ever to pay for anything with plastic, but that doesn't mean you should, says Experian. Outstanding card debt has hit $1 trillion, and 86 percent of card debtors regret it. From medical bills to taxes, here are six things to think of other ways to pay for. Read the full story
The Big Banks Are Reporting Record Profits Thanks in Part to President Trump's Tax Cuts
FORTUNE
America’s biggest banks are reporting record profits – thanks to a roaring economy and President Donald Trump’s tax cuts. Here’s a summary of the milestones from first quarter 2018 revenue reports: J.P. Morgan Chase, America’s biggest bank, reported record profits of $8.7 billion, up 35%. Bank of America reported record quarterly profits of $6.9 billion, up 30%, the company announced on Monday. Wells Fargo reported preliminary profits of $5.9 billion, up 5%. (Wells Fargo noted that their results Read the full story
Fed's bank regulator to pitch Congress on stress test, liquidity changes
Business Insider
Randal Quarles, Federal Reserve board member and Vice Chair for Supervision, takes part in a swearing-in ceremony for Chairman Jerome Powell at the Federal Reserve in Washington Thomson Reuters By Katanga Johnson and Michelle Price WASHINGTON (Reuters) - U.S. President Donald Trump's top banking regulator will tell lawmakers on Tuesday that he wants more industry input into stress tests and to ease liquidity requirements for large, non-global lenders. Federal Reserve vice chair for supervision Read the full story
Will Morgan Stanley or American Express Break the Financial Stock Curse?
Barron's
Investors have given financial stocks very little love this earnings season. Can Morgan Stanley or American Express break the cycle? Read the full story
TREASURIES/BONDS/STOCKS
2018 Outlook: Regulatory Shifts in Finance
Big Law Business
Big Law Business
This article is one of five articles within the Big Law Business Special Report: The Outlook for Federal Compliance in the Trump Era. Click here to download and read the full complimentary Special Report. The past year promised dramatic changes in financial regulation. A new president, one-party control of Congress, and a new cast of regulators seemed to indicate a profound shift was imminent. Congress jumped in, only to retreat with little to show for its efforts. The Securities and Exchange Read the full story
Stocks are set to extend gains after Morgan Stanley's blockbuster earnings
CNBC
U.S. stock index futures ticked higher ahead of Wednesday’s open, as investors awaited the latest batch of corporate earnings. Read the full story
Top 5 Things to Know in the Market on Wednesday
Investing.com
© Reuters. Top 5 things to know today in financial markets Read the full story
Day Ahead: Top 3 Things to Watch
Investing.com
© Reuters. What to watch out for in tomorrow's session Read the full story
Here’s why bond bears bet the 10-year Treasury yield will blast above 3%
MarketWatch
Bond bears say a more-aggressive Federal Reserve than expected and stronger inflation should give the 10-year yield the momentum it needs to push above the closely watched 3.00% line. Read the full story
CRYPTO'S / DIGITAL CURRENCY
CoinDesk
An Indian startup is taking the country's central bank to court over its decision to bar banks from dealing with crypto businesses. Read the full story
Bitcoin whales dump $100 million of digital currency in 24 hours
MarketWatch
The price of the No. 1 digital currency took a dive Tuesday, falling by more than $200 is less than 20 minutes, coinciding with the worlds biggest wallet unloading more than $50 million in bitcoin. Read the full story
Citigroup is looking to hire bitcoin pros to sniff out risks in cryptocurrency
Business Insider
Traders work in the Citigroup booth on the floor of the NYSE in New York Thomson Reuters Citigroup is looking to staff up a unit of the bank looking at risks associated with money laundering. The positions, which were posted in April, list a "Certified Bitcoin Professional Certification" as "a plus." Citigroup is seeking talent with a background in bitcoin to staff up its anti-money laundering group. The New York-based financial-services giant is seeking a vice president and senior vice Read the full story
Opinion | How to Make Sense of Cryptocurrency Valuations
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App OPINION | PROPHETS Factor analysis, the time-tested method for assessing stocks, can be used for Bitcoin and others. APRIL 17, 2018 5:01 PM EDT Bricks and mortar, too. Bitcoin is the largest and best-known cryptocurrency, but there are dozens of other major products and hundreds of minor ones, as well as cryptoassets and tokens. Yet there is no method or established tool that allows investors to analyze and value the assets that are being Read the full story
What Crypto Exchanges Are Saying About NY's New Inquiry
CoinDesk
Some of the cryptocurrency exchanges named today in the New York Attorney General's "inquiry" into the ecosystem say they welcome the move. Read the full story
Forget bitcoin. Now is the time to buy bitcoin cash: Crypto trader
CNBC
The cryptocurrency bear market may be over. Crypto trader Brian Kelly says now is the time to buy smaller alt-coin bitcoin cash. Read the full story
Could Bitcoin Be Prepping for Run as U.S. Tax Day Passes?
As the end of U.S. tax season approaches, Bitcoin bulls believe that the digital currency will finally begin its next run to prices over $20,000. But is it really going to run? The past few months have been rough for cryptocurrency investors, with the cryptocurrency market cap plummeting from a high of $820 billion all the way down to $250 billion. This came after the mainstream media began to pile onto cryptocurrencies in a manner that was far from positive. Despite a bearish Q1 2018, the Read the full story
CURRENCIES
Forex- U.S. Dollar Surges As Geopolitical Tensions EaseInvesting.com
© Reuters. The U.S. dollar was a touch higher on Tuesday. Read the full story
Forex - Dollar Rises Against Yen as Risk Appetite SharpensInvesting.com
© Reuters. Dollar rises against yen as risk appetite sharpens Read the full story
Pound remains close to post-Brexit high
BBC News US
Sterling hovers around $1.43 amid expectations the Bank of England will raise interest rates. Read the full story
China currency moves hang in the balance in U.S. trade spat
Reuters
U.S. President Donald Trump's latest complaint about China devaluing its currency is off base. But the yuan could potentially become a major sticking point in efforts to resolve the trade dispute between the world's two biggest economies. Read the full story
A Flesh-Eating Germ Is Causing An Ulcer Epidemic In Australia And Scientists Don't Know Why
BuzzFeed News
BuzzFeed News
A Buruli ulcer often starts as a painless bump — but within months, it can destroy muscles, tendons, and even bone. Read the full story
FDA Briefing Hints at First U.S. Government-Approved Marijuana-Derived Drug
Inverse
Inverse
A briefing circulated in advance of the Thursday meeting of an FDA advisory committee indicates GW Pharmaceuticals is seeking approval for a CBD drug to treat two rare seizure disorders in children, Lennox-Gastaut syndrome and Dravet syndrome. It will be the first marijuana-derived drug to receive FDA approval. Read the full story
Migraine: New drug works when others fail, researchers say
BBC News US
The monthly injection could be approved for NHS use by next year, experts hope. Read the full story
Malaria experts fear disease's resurgence
BBC News US
For the first time in 10 years, global malaria cases are no longer falling, and experts are worried. Read the full story
USA/CANADA
Top U.S. Officials Have Spoken Directly With Kim Jong Un to Set Up Summit
The Wall Street Journal
The Wall Street Journal
Senior U.S. officials have spoken directly to North Korean leader Kim Jong Un as they negotiate the terms of a summit between Mr. Kim and President Donald Trump aimed at eliminating Pyongyang’s stock of nuclear weapons, a U.S. official said. Read the full story
IRS gives Americans extra day to file taxes after outage
POLITICO
Agency officials said the problem was on the IRS’ end, causing a disconnect that meant the IRS couldn’t take returns filed through tax preparation software companies. Read the full story
Barbara Bush, matriarch of American political dynasty, dies at 92
The Washington Post
She was the wife of the 41st president and the mother of the 43rd. Read the full story
EMERGING MARKETS
What’s next for Mexico City’s urban innovation lab?
Curbed
Curbed
The lab is tackling the challenges of the ‘impossible possible’ city. Read the full story
Months after Maria, Puerto Rican patients must travel 12 hours for dialysis
CNN
CNN
Hurricane Maria totaled Vieques' hospital, which housed the island's only dialysis clinic. That set off an ongoing crisis for patients for whom the thrice-weekly round trip to a dialysis center on the main island takes at least 12 hours. Read the full story
Brazil boosts social programmes' funding for Venezuelan influx
Aljazeera
Aljazeera
Brazil has announced $60m in emergency funding for social programmes after hundreds of thousands of Venezuelans arrived the country, fleeing unrest at home. It is estimated as many as 1,000 Venezuelans a day enter Brazil. Al Jazeera’s Gabriel Elizondo reports from Boa Vista, Brazil. Read the full story
Under military rule, Venezuela oil workers quit in a stampede
Reuters
Chauffeured around in a sleek black pick-up, the head of Venezuela's oil industry, Major General Manuel Quevedo, last month toured a joint venture with U.S. major Chevron. Read the full story
Venezuela arrests 2 Chevron employees amid corruption purge
ABC News
Chevron says two of its Venezuela-based employees have been arrested by local authorities in what appears to be the first such detentions of a private oil company's workers amid a growing anti-corruption purge Read the full story
Opinion | Any Port in a Storm
Bloomberg
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App OPINION | FINANCE Turmoil proves to be a boon for emerging-market specialist Ashmore. APRIL 17, 2018 10:43 AM EDT In a squall, any haven will do. As global stock markets wobbled in the first quarter amid a surge in volatility, emerging-market equities held their nerve. That was after the MSCI Emerging Markets Index gained almost 35 percent in 2017, handily outpacing the 20 percent climb in the MSCI World Index. That relative calm helped Read the full story
MIDDLE EAST
Russia rejects UN resolution for independent Douma investigation
Aljazeera
Aljazeera
Russia has rejected France's proposal at a United Nations Security Council (UNSC) meeting that called for the launch of an independent investigation over an alleged chemical attack that struck the former rebel-held town of Douma in Syria's Eastern Ghouta. The rejection on Tuesday came during the sixth UNSC emergency meeting on Syria since the suspected chemical attack claimed the lives of at least 85 people on April 7, according to medical personnel. The alleged attack was met with "triple Read the full story
Exclusive: OPEC's new price hawk Saudi Arabia seeks oil as high as $100 - sourcesReuters
Top oil exporter Saudi Arabia would be happy to see crude rise to $80 or even $100 a barrel, three industry sources said, a sign Riyadh will seek no changes to an OPEC supply-cutting deal even though the agreement's original target is within sight. Read the full story
Iran Deal Renewal Question Will Keep Oil Markets On Edge
Investing.com
Commodities Apr 18, 2018 10:40 GMT Investing.com - Oil prices are likely to remain near a 3 1/2 year high as Mideast tensions and geopolitical risk remain high, as traders focusing on Iran as much as Syria. The immediate question is how Russia and Iran respond to the U.S.-led air strikes on Syria, following a week of political jockeying that sent pries up 16% from their February low. Traders, however, are also looking for signs as to whether the U.S. will abandon a deal with Iran, which removed Read the full story
Is France reinventing itself as a kingmaker in the Middle East?
Aljazeera
France is pursuing an ambitious foreign policy under President Emmanuel Macron that seeks to restore Paris' clout and influence in the Middle East, analysts have told Al Jazeera. In what marked a new phase in Macron's presidency, France joined the United States and the UK on April 14 in dropping 105 bombs on three facilities in Syria said to be associated with the use of chemical weapons. Forty-year-old Macron, who in May 2017 became France's youngest-ever president, said he "convinced" his US Read the full story
AFRICA
Zimbabwe: Landmark Ruling On Inheritance
AllAfrica
AllAfrica
Grandchildren can lawfully step into their parents' shoes to inherit from their grandparents in cases where the concerned parents are deceased, the High Court has ruled. In a landmark inheritance judgment, Justice Hlekani Mwayera said grandchildren, in cases where their grandparents do not leave behind a will, are entitled to their parents' share from the estate if those parents are deceased. They will inherit in representative capacity in terms of the "per stirpes" principle. Such a principle, Read the full story
Zimbabwe: Revenue Authority Debt Up 7%
AllAfrica
THE Zimbabwe Revenue Authority (Zimra) says the debt from unpaid taxes widened by 7 percent (or $284 million) to $4, 2 billion by end of the first quarter of 2018 due to low compliance. The huge debt overhang undermined the revenue authority's positive revenue performance in the quarter under review. Zimra chairman Willia Bonyongwe said Zimra was in negotiations with the relevant authorities over public enterprises' debt and for set-offs where Government owed the private sector. "It should also Read the full story
Zimbabwe: Harare Spends U.S.$20 Million On Roads Rehab
AllAfrica
(Photo: The Herald) The City of Harare says it has spent approximately $20 million on rehabilitation of the city's road network with more than 80 kilometres having been tarred already. In a video posted on the City of Harare's Facebook page, director of works Engineer Zvenyika Chawatama said the bulk of the roads in the City required emergence works to do repairs and rehabilitation. He said most of the roads had deteriorated in terms of "trafficability" and an assessment carried in 2017 revealed Read the full story
Zimbabwe: Is Govt Hijacking Elctoral Body's Duties?
AllAfrica
The country's leading poll watchdog, Election Resource Centre (ERC) has raised concern over government's decision to invite foreign observers saying the move smacks of the executive hijacking duties of the Zimbabwe Electoral Commission. In a statement released last week, ERC noted that the invitation of observers by government should remain a common courtesy which could pre-determine or influence observers that will be finally invited by the electoral management body. "While invitation of Read the full story
Africa: Now or Never - Quashing Malaria Before It Roars Back
AllAfrica
A powerful international coalition of civil society organisations launches a new campaign in London today to fight back against the threatened resurgence of malaria. The organisations will hold "Malaria Summit London 2018" ahead of the Commonwealth Heads of Government Meeting to announce investments totalling more than U.S. $3.8 billion in the fight to eliminate the scourge. They will urge the the leaders of the 52 nations of the Commonwealth - which although comprising a third of the world's Read the full story
ASIA
Investing.com
© Reuters. Asian equities were mostly higher in afternoon trade Read the full story
Asian markets make strong gains, thanks to earnings and easing tensions in Korea
MarketWatch
Tuesday’s strength in U.S. and European stocks extended to Asia early Wednesday, with strong gains helped by additional indications of easing tensions on the Korean Peninsula. Read the full story
China has contingency plans to deal with U.S. trade frictions: state planner
Reuters
China has various contingency plans and policy reserves to deal with trade frictions started by the United States, the country's top economic planner said on Wednesday. Read the full story
Asian shares edge ahead with Wall Street, but China lags
Reuters
Asian shares crept ahead on Wednesday after Wall Street took heart from upbeat corporate earnings, though nagging concerns about trade barriers and the global growth outlook kept currencies and bonds subdued. Read the full story
Opinion | 4,000,000 Reasons to Back China Biotech
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App OPINION | HEALTH With cancer rates rising, Jiangsu Hengrui has a shot at becoming the next Roche or Pfizer. APRIL 17, 2018 9:00 PM EDT Anyone who doubts China could produce the next Roche Holding AG or Pfizer Inc. need only look at the country's cancer figures: More than 4 million new patients or close to 12,000 per day diagnosed in 2015, the latest public data available. Global investors have settled on a favored contender in Jiangsu Read the full story
EUROPE
France is set to make Britain's blue Brexit passports as De La Rue abandons its legal challenge
Business Insider
Business Insider
A mock up of the new blue passports that Britain will have after Brexit. Passport maker De La Rue backs down from its legal challenge over new contract. The UK firm had threatened legal proceedings against the government following the decision to manufacture new passports outside the UK. A £490 million contract to make the UK's new blue passports has been awarded to Franco-Dutch firm Gemalto. LONDON - British passport maker De La Rue has dropped plans for a legal challenge against the government Read the full story
President Trump's Tariffs Are 'Distorting' Global Trade, E.U. Warns
TIME
The bloc wouldn't offer any concessions in order to be exempt from import duties Read the full story
UK inflation falls to lowest in a year
BBC News US
A slowdown in womenswear price rises during March sent UK consumer price inflation down to 2.5%. Read the full story
UK Annual Inflation Drops to 2.5% in March, Lowest Level in a Year
Investing.com
© Reuters. UK annual CPI hits one-year low of 2.5% Read the full story
Emmanuel Macron Urges EU To Re-Embrace Democracy
PopWrapped
French President Emmanuel Macron believes there will be "a European civil war" and urged the EU to "renew its commitment to democracy" in an impassioned speech in Strasbourg.In his speech, Macron stressed how important it was to remember and learn from our past, and how we should not be content to "belong to a generation of sleepwalkers."The EU's migrating crisis brought a large populist vote to states like Hungary and Italy, according to the BBC. French... Read the full story
Theresa May Faces a New Brexit Challenge From the House of Lords
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App U.K. Prime Minister Theresa May’s Brexit strategy faces a renewed threat on Wednesday when her flagship bill returns to Parliament’s upper chamber, where Lords of all political stripes are seeking to amend it. A proposal to keep Britain in a customs union with the EU after leaving the bloc may pass by more than 50 votes, according to Dianne Hayter, a Labour peer who sponsored the amendment with independent member John Kerr, former Read the full story
Blessed and Highly Favored:
CBI Update:
The CBI for Thursday 4/19/18 did update on the indicative rates Sell Rate 1184
The currency auction is 185,400,055
There are no news and announcements for Thursday 4/19/18
ISX Update:
Value Traded
514,671,425
Shares Traded
523,567,593
ISX ended in Green
4-19-2018 Newshound Guru Kaperoni Another great day [Wednesday] on the CBI auction spread 1201 dinars to $1 US dollar. Well within 2% IMF compliance for 33rd consecutive day.
4-19-2018 Newshound/Intel Guru Mnt Goat ...Iraq is still progressing forward with the reviews and relationship with the World Bankk to join the WTO. They will, however, need a tradable currency at some point. So we wait for this too to give pressure to RV.
4-19-2018 Newshound/Intel Guru Mnt Goat ...Iraq is still progressing forward with the reviews and relationship with the World Bankk to join the WTO. They will, however, need a tradable currency at some point. So we wait for this too to give pressure to RV.
4-18-2018 Intel Guru RayRen98 [So your info about banking here matches with that from Kurdistan?] Yes, they are all saying ‘by the end of the month’. I don’t care what they say; I watch what they do, and they are all preparing for this to happen.
4-18-2018 Newshound Guru Kaperoni The upcoming elections in Iraq could play a critical part in whether monetary reform occurs sooner than later. Today rumors of al-Maliki supporters tearing down opposition posters. Some say Maliki is paying 50 million dinar to vote for his block. Monetary reform/currency reform is a must for Iraq to engage with the world economy, more importantly bring investors to Iraq. But can Iraq overcome the opposition?
4-18-2018 Newshound Guru Walkingstick It doesn’t make any sense for them to have all this money and thousands and thousands of ATM’s unless they are going to RI.
4-18-2018 Newshound/Intel Guru Mnt Goat "ADOPTION OF THE LAW OF OIL AND GAS CONTRIBUTE TO ENDING THE ETERNAL DISPUTE BETWEEN BAGHDAD AND ERBIL" so here it is in writing – HCL is done!Also I have been telling everyone the contention between the GOI and KRG and that is was all about getting a formal, legal law passed in parliament for how the oil and gas (95% of the wealth of Iraq) is to be managed.
4-18-2018 Intel Guru Frank26 Many firms told there would be a 24 hour notification to turn on ATM's. There is serious, continual talk about turning on the ATM's. Lower denoms in the ATM's can't be turned on without a new rate.
4-18-2018 Newshound Guru Walkingstick It doesn’t make any sense for them to have all this money and thousands and thousands of ATM’s unless they are going to RI.
4-18-2018 Newshound/Intel Guru Mnt Goat "ADOPTION OF THE LAW OF OIL AND GAS CONTRIBUTE TO ENDING THE ETERNAL DISPUTE BETWEEN BAGHDAD AND ERBIL" so here it is in writing – HCL is done!Also I have been telling everyone the contention between the GOI and KRG and that is was all about getting a formal, legal law passed in parliament for how the oil and gas (95% of the wealth of Iraq) is to be managed.
4-18-2018 Intel Guru Frank26 Many firms told there would be a 24 hour notification to turn on ATM's. There is serious, continual talk about turning on the ATM's. Lower denoms in the ATM's can't be turned on without a new rate.
4-18-2018 Newshound Guru Walkingstick [...What is the significance of April 30th to Iraq.] They have a set date for their rate changes. Every April of every year, the IMF updates the exchange rate of Iraq. Iraq does not have to wait till the 30th. They can do it today or tomorrow but when the IMF updates it will reflect the new rate for Iraq. It often does not show up for seven days. Come up on the 7th of May all the nations that changed in the month of April. They do not have an option. Again, this is not an option. They have to do this...
4-18-2018 Intel Guru Bruce Iraq still has it lower denominations ready to go in their ATMs. ...those were supposed to be available to the Iraqi citizens today out of the ATMs. Now I couldn’t confirm it...However, I can tell you this, the rates for all of these currencies have been off the screen, on and off, the last few days. ...yesterday they came back up. So the rates were back on and still on today. That is a good thing because they have been fluctuating and updating so on. So they are solid now. Let’s see if they stay solid. If they do it will be a positive thing for us. ...What I should say is everyone is in a great place right now. We are hearing things that lead us to believe we are in the precipice of this going down for us.
4-18-2018 Intel Guru Footforward Nothing has changed. I still expect the RV right away. I feel we are within days. I take that to mean less then 2 weeks.
4-18-2018 Intel Guru Bruce Iraq still has it lower denominations ready to go in their ATMs. ...those were supposed to be available to the Iraqi citizens today out of the ATMs. Now I couldn’t confirm it...However, I can tell you this, the rates for all of these currencies have been off the screen, on and off, the last few days. ...yesterday they came back up. So the rates were back on and still on today. That is a good thing because they have been fluctuating and updating so on. So they are solid now. Let’s see if they stay solid. If they do it will be a positive thing for us. ...What I should say is everyone is in a great place right now. We are hearing things that lead us to believe we are in the precipice of this going down for us.
4-18-2018 Intel Guru Footforward Nothing has changed. I still expect the RV right away. I feel we are within days. I take that to mean less then 2 weeks.
4-17-2018 Newshound/Intel Guru Mnt Goat Article: "THE SEEDS OF REFORM IN MONETARY POLICY BEGIN TO BEAR FRUIT" This article is just all about informing the public and investors that they are in charge of the monetary policy of Iraq and not to worry...so once again the CBI is beating their chest on how good they are all they accomplished in spite of all the past corruption...yes “cash market” began to feel the results. People carrying around less cash (can use POS), no lines at the banks to get paid (electronic payrolls. Just a total reduction by 2/3 of all cash in circulation. They did it and they are telling us they are successful... an amazing article! WOW.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
Prime Minister Dr. Haider Al-Abadi: Determined to achieve a second victory after breaking the preacher and defeat is the victory of construction and reconstruction
Government of IraqVerified account @IraqiGovt April 19, 2018, around 5:00 am Eastern
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ARTICLE 1-A (from PM Abadi's website
Prime Minister Dr. Haider Al-Abadi: Determined to achieve a second victory after breaking the preacher and defeat is the victory of construction and reconstruction
Prime Minister Dr. Haider al-Abadi said that we are determined to achieve a second victory after breaking the preacher and defeat, which is the victory of construction and reconstruction.
"It is not an easy task, but we will make another miracle after the miracle of the great victory and we will not stop pursuing an oppressor not only in Iraq, but in the region," he said in a speech amid a large gathering of Diwaniyah and clan elders.
"All Iraqis and all our armed forces, including the army, the police, the popular crowd and the Peshmerga, have made the victory. We will continue to work with the same vigor and determination to complete these successes in the economic and agricultural fields, to bring investments and provide thousands of job opportunities for Iraqi youth," he said. Our people.
Prime Minister 's Media Office
18 April 2018
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ARTICLE 1-B (from PM Abadi's website
Prime Minister Dr. Haider al-Abadi salutes the efforts of the employees of the Diwaniyah power station
Prime Minister Dr. Haidar al-Abadi hailed the efforts of the workers at the Diwaniyah power station, stressing that the completion of these projects is proof of success not only in the war against terrorism, but also in the construction, reconstruction and development of services, indicating that the shock of the Iraqis by a provocative takeover of our cities and their aftermath of a military and security collapse, And a comprehensive renaissance of the unity, sacrifice and courage of our heroic fighters. The importance of our victory was a crushing break and the transformation of defeat and defeat into a major victory.
He held a tour of the Diwaniyah power station and briefed on its work in providing energy to the citizens and praised the efforts of the workers, engineers and administrators and their efforts of dedication and continuous effort.
He praised the efforts of the Iraqi competencies in the completion of electrical projects, pledging to ensure the rights of workers in the electricity sector in the province.
Dr. Haidar al-Abadi: The cost of the war is high and to repel the terrorist attacks
And securing the protection of the fighters coincided with the collapse of world oil prices, but we have succeeded in achieving victory and the continuity of life of the state and society, and we can not allow the return of policies of waste in public funds and the right policies to serve the homeland and the citizen and to build a strong economy and a bright future for Iraq.
Prime Minister 's Media Office
18 April 2018
*************
ARTICLE 2
Tweet posted on Government of Iraq twitter account:
United in their
fight against terrorism, the people of Iraq defeated Daesh and now look forward
to building a peaceful and prosperous future
*************
ARTICLE 3
Deputy reveals the recovery of financial deductions of absentee MPs
2018/4/19 9:46
[Ayna-Baghdad]
MP for the coalition of state law Mansour al-Baiji held a meeting of the House of Representatives during the remainder of its current session even if the Presidency of the Presidency call for a hearing in the coming days.
Al-Baiji said in a statement received by the agency of all Iraq [where] a copy of it, that "has been called for a meeting of more than three times and was not held because of the lack of quorum for the meeting for the failure of most members of the House of Representatives because of preoccupation with their campaigns or lack of desire to vote on the laws Which has not received political consensus and has been delayed to this day. "
He added that "the Presidency of the House of Representatives bear the full responsibility to disrupt the work of the Council and the convening of a meeting for a long time because they did not take real deterrent measures against all the deputies who did not attend the meetings and only financial deductions, often returned to absentee MPs and did not constitute a strong deterrent because of their absence "He said.
Al-Baiji pointed out that "all the laws that will go to the next session will be dealt with by new laws in the next session and this is a great loss, not to mention the interrogations that were obtained and did not vote on the conviction or not, it will end with the end of the current session and this is unfortunate that the Presidency is responsible The whole being failed and did not take the real actions to prevent the interruption of the Representatives are negatively affected the holding of meetings and this is not acceptable permanently. "
The House of Representatives, failed yesterday in its meeting because of the lack of quorum for the concerns of MPs in their propaganda campaigns for the upcoming elections scheduled for 12 May next.
The Presidency of Parliament postponed the meeting to another notice and held it "when necessary". The council's decision, Niazi, said that "the internal order sets the 30th of June next date for the end of the work of the House of Representatives," noting that "the Parliament can at any time during this period to hold a meeting, either regular or emergency to discuss matters that happen or updates of political situations as necessary" .
It is noteworthy that the House of Representatives, voted on 29 January last to double the fine of the absence of deputies from the sessions to one million dinars after it was 500 thousand dinars.
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ARTICLE 4
Adjustment of loan transactions for fictitious employees worth one billion eight hundred million dinars in a foreign bank in Baghdad
BAGHDAD, April 19 (KUNA) - The Directorate of Investigation of Baghdad, the Integrity Commission, on Thursday, managed to monitor, in cooperation with the Office of the Inspector General of the Ministry of Water Resources, the seizure of 224 loan transactions forged by the names of fictitious employees in a branch of a foreign bank in Baghdad, The operation was carried out under a judicial control note.
He pointed out that "the cadres of the Division of attribution and judicial control in the Directorate of Investigation Baghdad, moved to the headquarters of the branch of the bank, and enable them to control the origin of pledges and written false health of 224 (fictitious employees related to the issuance of the General Authority of groundwater of the Ministry of Water Resources, That "the fraud was conducted in cooperation with the authorized authority of the General Groundwater at the bank, while the representatives of the legal representatives of the Ministry of Water Resources and the branch of the foreign bank in Baghdad to complain about both the employees A bank in Baghdad, and prove complicity and shortness. "
He added that "all the counterfeit loan transactions have been seized, in which an amount of 1,800,000,000 dinars has been spent. A material record of the seized material has been prepared and presented to the competent investigating judge, who has issued an investigation papers against the fugitive accused the former director of the bank branch in Baghdad The provisions of article 444/11 of the Penal Code ".
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ARTICLE 5
The city of medicine responds to the news of the patient who entered the refrigerator of the dead, a video district
BAGHDAD, April 19 (UPI) - The Media Department of the City of Medicine issued an explanation on what has been circulated in the past two days about a patient who was admitted to the dead refrigerator while he was alive, saying, "In response to what was posted on social networking sites about the existence of a person's claim that he was not He died in fact died
We offer you a video clip by doctors supervising the deceased's case through a brief explanation which shows the false allegation by the video owner,
"While the department retains its legal right to respond to these accusations, citizens are urged to be cautious and cautious in disseminating information on social media sites because this is aimed at spreading false news aimed at insulting and defaming," she said.
"We understand from this video that" 100% health care and medical care "and that the health facilities are extremely clean and sterilized .. All the elevators within the city work and the best possible and hundreds of patients to use the stairs to the extent of cutting And that the resident doctor immediately rushed to the lobby, which deteriorates the condition of one of the patients inside - without calling him at least 5 times - to enter the patient with a smiley face, smiling, taking into account his psychological condition with all the leisure and transparency ... And understand that all medicines are available and do not need Patient facilities to Go to the nearby door at least four times a day at least to buy some of them from pharmacies and astronomical numbers .. The ambulance that takes the patient to the hospital does not receive 25 thousand dinars for every move even if the hospital to another conversion or else the patient will not receive his papers from The ambulance driver and his companions smoke the cigarettes inside the car ... and all the magnetic resonance imaging devices, the lamps, the echoes, the radiation and the doppler work inside it ... and all the nurses are good at inserting the colon in the vein and looking for it - half an hour - with the patient's hands being ripped off as a result of repeated failed attempts. Jamie The pressure of the mercury is working efficiently .. And all the cadres trained and new know how to use - as it should be used .. And to the custody of the paid service workers upon departure ... And .. The Iraqi patient, like all patients in the world know the rights and complications of medicine given to him and the specialty of the doctor And the stages of treatment and treatment plan, with the use of terms and vocabulary clear and understandable to him and answer all his questions in a language that understands them as the least rights and not - He sufferers ......... from cancer ............... His treatment is hopeless
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