WOTS Wednesday 5/30/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,168.6000 | 1,168.6000 | 1,168.6000 | | 20:00 |
| USD/VND | | | 22,820.0000 | 22,517.0000 | 22,517.0000 | | 04:15 |
| USD/CNY | | | 6.4326 | 6.4076 | 6.4076 | | 06:33 |
| USD/KWD | | | 0.3020 | 0.3013 | 0.3019 | | 06:29 |
| GBP/USD | | | 1.3292 | 1.3241 | 1.3255 | | 06:34 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,049.8000 | 13,933.8000 | 14,014.0000 | | 06:34 |
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DC NY Iraq Articles:dd
Pope visits Iraq after government formation
Date of release: 2018/5/30 11:18 • 202 times read
(Baghdad: Al-Furat News) Revealed Iraq's ambassador to the Holy See, Omar al-Barzanji, about the upcoming visit to the Pope of the Vatican (Francis) to Iraq.
In a press statement following his meeting with the Secretary General of the Vatican, Cardinal Pietro Barrolin, Cardinal Pietro Barolin, said in his office at the Secretariat of the Vatican State that he "gave a detailed explanation of the Iraqi parliamentary elections held on May 12, Pope Francis to Iraq, especially at this time to spread a message of peace and solidarity among the people of different religions, noting that the visit to the capital Baghdad is a visit to the capital of victories against the gangs of the terrorist.
Al-Barzanji praised the Pope's announcement during a mass in the Vatican that he intends to hold the "Consistory" (the official meeting of the Pontifical Consultative Council) on June 29 to appoint 14 new cardinals, led by the Babylonian Patriarch of Chaldeans in Iraq and the world's first Louis Raphael Sacco.
He added that "the embassy is in the process of holding a reception and inviting dignitaries in the Vatican State in honor of the promotion of His Beatitude Louis Raphael Sacco first on this occasion," stressing "Iraq's keenness to establish the best relations with the Vatican State."
"Secretary-General of the Vatican, His Eminence Cardinal Pietro Barrolin, confirmed the visit of Pope Francis to Iraq and that the victories against the terrorist gangs will be a great and appropriate opportunity to achieve that visit," he said.
He explained that "the Vatican's Prime Minister will visit Iraq after the formation of the new Iraqi government to prepare for the realization of the apostolic visit of the Pope and confirm the continued support of the Holy See to Iraq and his desire to strengthen bilateral relations with Iraq."
Al-Barzanji praised the Pope's announcement during a mass in the Vatican that he intends to hold the "Consistory" (the official meeting of the Pontifical Consultative Council) on June 29 to appoint 14 new cardinals, led by the Babylonian Patriarch of Chaldeans in Iraq and the world's first Louis Raphael Sacco.
He added that "the embassy is in the process of holding a reception and inviting dignitaries in the Vatican State in honor of the promotion of His Beatitude Louis Raphael Sacco first on this occasion," stressing "Iraq's keenness to establish the best relations with the Vatican State."
"Secretary-General of the Vatican, His Eminence Cardinal Pietro Barrolin, confirmed the visit of Pope Francis to Iraq and that the victories against the terrorist gangs will be a great and appropriate opportunity to achieve that visit," he said.
He explained that "the Vatican's Prime Minister will visit Iraq after the formation of the new Iraqi government to prepare for the realization of the apostolic visit of the Pope and confirm the continued support of the Holy See to Iraq and his desire to strengthen bilateral relations with Iraq."
Electricity reveals its production by the summer
Date of release: 2018/5/30 10:16 • 490 times prescribed
(Baghdad: Al-Furat News) The Ministry of Electricity revealed its ambition to produce electricity by the summer months of the war in Iraq.
A statement of the ministry received the agency {Euphrates News} a copy of it, "Undersecretary of the Ministry of Production and Projects Adel Kazem Jarayan, visited yesterday (Tuesday), Rumaila investment station in the province of Basra, to find out preparations for the introduction of new units of obstetric service, which is hoped to start the first unit With a capacity of 170 MW, followed by the second unit, which will enter operation on 14/6/2018, and the third unit on 21/6/2018, to strengthen the system with a capacity of 510 MW.
He pointed out that the entry of this production to serve "which will contribute to strengthening the capacity of the system to equip citizens with electric power satisfactorily before entering the high pregnancy and increased demand for energy, especially as the summer in Iraq, especially the southern provinces is experiencing a high temperature rise."
The Undersecretary of the Ministry "the need to intensify efforts and continuous follow-up work of the ministry's staff to contribute to meet the promises made by the Ministry of Electricity to raise the volume of production, which is hoped to exceed 17 thousand megawatts by the summer months."
Iraq has suffered decades of crisis in the generation and distribution of electricity, and worsened after 2003 despite the disbursement of tens of billions of dollars on the rehabilitation of old power plants and the construction of new ones but to no avail because of rampant corruption and inefficiency of some of these stations and increase the demand for energy, especially in the summer.
The crisis is escalating in the hot summer season in Iraq, where temperatures exceed 50 meters, triggering a wave of popular anger and demonstrations.d
He pointed out that the entry of this production to serve "which will contribute to strengthening the capacity of the system to equip citizens with electric power satisfactorily before entering the high pregnancy and increased demand for energy, especially as the summer in Iraq, especially the southern provinces is experiencing a high temperature rise."
The Undersecretary of the Ministry "the need to intensify efforts and continuous follow-up work of the ministry's staff to contribute to meet the promises made by the Ministry of Electricity to raise the volume of production, which is hoped to exceed 17 thousand megawatts by the summer months."
Iraq has suffered decades of crisis in the generation and distribution of electricity, and worsened after 2003 despite the disbursement of tens of billions of dollars on the rehabilitation of old power plants and the construction of new ones but to no avail because of rampant corruption and inefficiency of some of these stations and increase the demand for energy, especially in the summer.
The crisis is escalating in the hot summer season in Iraq, where temperatures exceed 50 meters, triggering a wave of popular anger and demonstrations.d
Internal controls oil smuggling tanks in Basra
30/05/2018
Security of Iraq Baghdad / Al-Ghad Press:
The internal affairs of the energy police on Wednesday seized oil smuggling tanks in Basra.
"According to the directives of the Director General of Internal Affairs and Security, Major General Hussein Abdel Hadi Mahbouba, and under the direct supervision of the Director of Internal Affairs of the Energy Police, Col. Mohammad Balad Khalaf, (3) inside a gas station, two of which contain an oil product capacity (36) thousand liters for smuggling and the third is empty.
He added that "the presence of a wheel inside the gasoline plant tank capacity of (36) thousand liters, and immediately formed a team in conjunction with the intelligence department of the southern oil police and the center of the Basra oil police, and the wheels were seized research.
He added that "the defendants were arrested both the DCD and the MSS. The materials listed below were seized and handed over to the competent authorities, namely Kalanshikov, 3.62 mm
d
The internal affairs of the energy police on Wednesday seized oil smuggling tanks in Basra.
"According to the directives of the Director General of Internal Affairs and Security, Major General Hussein Abdel Hadi Mahbouba, and under the direct supervision of the Director of Internal Affairs of the Energy Police, Col. Mohammad Balad Khalaf, (3) inside a gas station, two of which contain an oil product capacity (36) thousand liters for smuggling and the third is empty.
He added that "the presence of a wheel inside the gasoline plant tank capacity of (36) thousand liters, and immediately formed a team in conjunction with the intelligence department of the southern oil police and the center of the Basra oil police, and the wheels were seized research.
He added that "the defendants were arrested both the DCD and the MSS. The materials listed below were seized and handed over to the competent authorities, namely Kalanshikov, 3.62 mm
Political contradictions perplex alliances in Iraq
Baghdad/ Iraq TradeLink: Contradictions on the Iraqi parliament's resolution on cancelling elections abroad and re-checking up the votes by 10% increased.
The Iraqi parliament managed to cancel the electoral votes abroad and checking up 10% of the local votes.
Sources within the Elections Commission reported chaos within its ranks, either to stick to the declared results, which meant that it will be dissolved before its timing, or to agree to the parliamentary resolution that might disclose breach in the whole of the electoral process which will affect the leading members of the Commission.
Allawi: We reject foreign intervention to form the next government
BAGHDAD / SNG - The leader of the National Coalition Iyad Allawi, on Tuesday, his rejection of foreign intervention to form a government, calling on Parliament to exercise its role properly.
Allawi said during a conference held in Baghdad, "We reject foreign intervention to form the next government."
He added that "the red lines of our alliance are on the lists corrupt and corrupts impossible alliance with them," calling on the House of Representatives to "the need to exercise its role properly so that the alliance between coalitions."
The political scene witnessed a wide movement among the winning forces in the elections that took place on 12 May 2018 to form the largest parliamentary bloc in preparation for its mandate to form the next governmen d
Economic and ministerial decisions and recommendations regarding the banking sector, services and investment
Release date: 2018/5/29 15:02 • 160 times read
(Baghdad: Al Furat News) The ministerial economic affairs committee decided at its 14th session headed by Minister of Planning Salman Jumaili, which was held on Tuesday to approve the Rafidain Bank to contract with a specialized company to implement the comprehensive banking system.
A statement issued by the Economic Affairs Committee received the agency {Euphrates News} a copy of it today that "the contract with specialized companies will apply to the bank Rashid and other government banks, with the aim of promoting the government banking sector by reducing the excess rings and improve the level of banking services provided to customers through the end All work joints ".
"The cost of implementing the comprehensive banking system of the Rafidain Bank is 16 million dollars and the completion period of 700 days is expected to be completed in the first half of next year 2019," said the Director General of Rafidain Bank Khulood Al-Asadi, who was hosted by the committee. And fit for Mesopotamia. "
"The committee approved the recommendations of the committee to study the requests of contractors to implement the 200-bed Nahrawan General Hospital project at a cost of 75 billion dinars and a completion period of 36 months, and the completion rate in the hospital is currently 20%," the statement said. The statement added that "the Committee also agreed to include the second corridor of the bridge," Bata "in the province of Babylon within the tables of the investment budget for the current year 2018, because of the importance of this project for the people of the province and its contribution to decipher traffic jams in it, as decided by the Committee on Economic Affairs increase. Capacity of 50 beds in the area of Husseiniya in the holy province of Karbala. "
The committee decided, according to the statement, "to exclude the project of installation and installation of surveillance cameras in Muthanna province of the recommendations of the Diwani Order No. 30 of 2015 and the local government Muthanna pledge to provide the necessary funds to finance this project."
"The cost of implementing the comprehensive banking system of the Rafidain Bank is 16 million dollars and the completion period of 700 days is expected to be completed in the first half of next year 2019," said the Director General of Rafidain Bank Khulood Al-Asadi, who was hosted by the committee. And fit for Mesopotamia. "
"The committee approved the recommendations of the committee to study the requests of contractors to implement the 200-bed Nahrawan General Hospital project at a cost of 75 billion dinars and a completion period of 36 months, and the completion rate in the hospital is currently 20%," the statement said. The statement added that "the Committee also agreed to include the second corridor of the bridge," Bata "in the province of Babylon within the tables of the investment budget for the current year 2018, because of the importance of this project for the people of the province and its contribution to decipher traffic jams in it, as decided by the Committee on Economic Affairs increase. Capacity of 50 beds in the area of Husseiniya in the holy province of Karbala. "
The committee decided, according to the statement, "to exclude the project of installation and installation of surveillance cameras in Muthanna province of the recommendations of the Diwani Order No. 30 of 2015 and the local government Muthanna pledge to provide the necessary funds to finance this project."
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Kauaihn Iraq Articles:dd
Iraq: talk about external interference in the formation of the government ... Abadi hints at neighboring countries
30/05/2018
Baghdad - Sputnik. Abadi added that "certain countries, interfere in the Iraqi issue, specifically regarding the formation of the next Iraqi government." Abadi said during a press conference that "the intervention of certain countries in favor of this bloc or that is not positive," calling on the political blocs to not hold meetings with States.
Abadi stressed that the Iraqis have the ability to resolve their affairs and conduct, and considered the Prime Minister, "elections are an Iraqi issue." "Neighboring countries prefer their interests to others and those who think they prefer our interest to their interests, either he lives in a place or has something else, and we should not bet our interests neighboring countries." Abadi ruled out that Iraq would go into civil war if the results of the recent elections were canceled.
The Prime Minister pointed out that "Iraq exceeded the stage of danger and there is no readiness for any party to enter into civil war, and that the Commission had to control its work and prevent violations and abuses so as not to conflict , the duty of the Commission is to maintain the voice of the citizen and not go to the wrong place, On the Iraqi Electoral Commission.
"The political process is important and we should not enter into a vacuum. There is no new parliamentary council. There will be a constitutional vacuum in the country. The country needs three powers, the absence of one of the basic authorities, and there is no agreed exit," he said. On the election results a threat to the country and call for the cancellation of the election results is not true. d
Abadi stressed that the Iraqis have the ability to resolve their affairs and conduct, and considered the Prime Minister, "elections are an Iraqi issue." "Neighboring countries prefer their interests to others and those who think they prefer our interest to their interests, either he lives in a place or has something else, and we should not bet our interests neighboring countries." Abadi ruled out that Iraq would go into civil war if the results of the recent elections were canceled.
The Prime Minister pointed out that "Iraq exceeded the stage of danger and there is no readiness for any party to enter into civil war, and that the Commission had to control its work and prevent violations and abuses so as not to conflict , the duty of the Commission is to maintain the voice of the citizen and not go to the wrong place, On the Iraqi Electoral Commission.
"The political process is important and we should not enter into a vacuum. There is no new parliamentary council. There will be a constitutional vacuum in the country. The country needs three powers, the absence of one of the basic authorities, and there is no agreed exit," he said. On the election results a threat to the country and call for the cancellation of the election results is not true. d
Direct Flights to Sulaymaniyah to Resume
Wednesday, May 30, 2018
Direct flights will resume soon from Tehran to Sulaymaniyah, a city in Iraqi Kurdistan, almost nine months after Baghdad imposed an air ban on the region in retaliation for an independence vote. Dana Mohammad, media manager at Sulaymaniyah International Airport in Iraqi Kurdistan, said Tuesday Iranian airlines are getting ready to resume inbound and outbound flights to the airport, Mehr News Agency reported. He said he expects the flights to resume next month. Flights from Tehran to Erbil, another major city in Iraqi Kurdistan, resumed in April 2017, making travel possible from Tehran to Iraqi Kurdistan region twice a week. Following notification from the Baghdad government, foreign airlines suspended flights to Erbil and Sulaymaniyah last September. The notice was issued in response to the region’s controversial move to hold an independence referendum.
30/05/2018
The leader of the Sadrist movement, Moqtada al-Sadr, discussed with Kuwaiti Emir Sabah al-Ahmad al-Jaber al-Sabah on Tuesday bilateral relations and political developments in Iraq after the parliamentary elections held on 12 May.
A statement issued by his office received a copy of the agency, "the Muqtada al-Sadr, who arrived in Kuwait on Tuesday," met with the Emir of the State Palace in Dasman exchanged congratulations on the occasion of the holy month of Ramadan, and discussed the friendly relations between the brotherly countries, The two brothers and ways to strengthen ties and constructive cooperation that contributes to the consolidation of stability and prosperity. "
"His vision for the form of the next government," he said, stressing "its patriotism and its fatherhood and be a sponsor of the rights of all components and minorities of all affiliations and the national broad tent."
For his part, the Amir of the State of Kuwait, Mr. Sadr, "congratulations on the success of the parliamentary elections in Iraq, and congratulated the victory of the alliance, (Saron) in the elections and get the first place" in the results of the parliamentary elections.
Al-Sadr arrived in Kuwait on Tuesday evening and was received by Kuwaiti Deputy Prime Minister and Foreign Minister Sheikh Sabah Sabah Al-Sabah.
This visit comes at the official invitation of the State of Kuwait to develop relations between the two countries and the two brotherly peoples. d
"His vision for the form of the next government," he said, stressing "its patriotism and its fatherhood and be a sponsor of the rights of all components and minorities of all affiliations and the national broad tent."
For his part, the Amir of the State of Kuwait, Mr. Sadr, "congratulations on the success of the parliamentary elections in Iraq, and congratulated the victory of the alliance, (Saron) in the elections and get the first place" in the results of the parliamentary elections.
Al-Sadr arrived in Kuwait on Tuesday evening and was received by Kuwaiti Deputy Prime Minister and Foreign Minister Sheikh Sabah Sabah Al-Sabah.
This visit comes at the official invitation of the State of Kuwait to develop relations between the two countries and the two brotherly peoples. d
Moscow stresses the right of the Syrian Kurds to participate in determining the future of the country
Russia stressed the right of Syrian Kurds to participate in determining the country's future equally with other ethnic and religious groups. Russian Deputy Foreign Minister Mikhail Bogdanov on Tuesday held a meeting in Moscow with the head of the Kurdish National Council Saud al-Mulla. A statement issued by the Russian Foreign Ministry said that the meeting dealt with the current situation in Syria and the need for a quick political solution based on the principles of the Syrian National Dialogue Conference in Sochi and Resolution No. 2. 2254 of the UN Security Council. The statement added that the Russian side stressed during the meeting that the representatives of the Syrian Kurds are equal with other ethnic groups and other religious in the question of determining the future of Syria. A delegation from the Kurdish National Council of Syria, arrived Sunday to Moscow at the invitation of the Russian Foreign Ministry. Osman Mello, head of the Kurdish National Representation in Turkey earlier in the (Basneoz), said that the delegation of the Kurdish National Council to Moscow at the invitation of the Russian Foreign Ministry to discuss the situation in Syria in general and Alkordi in particular.He explained that "Deputy Russian Foreign Minister Mikhail Bogdanov, and officials in the Foreign Ministry would like to hear the opinion of the Council regarding the preparation of a new constitution for the country and the Syrian crisis, and will also address the meeting the political situation in the Kurdish regions.The delegation includes Saud al-Mulla, head of the Syrian-Kurdish National Council, Chairman of the Foreign Relations Committee Kamiran Hajo, member of the committee Ibrahim Pro, and the representative of the council in the Supreme Negotiations Authority
Sadrist message to Iran, attacks USA
USA.
In a reply to one of his followers on questions related that the new Iraqi government cannot be formed without the Iranian and US intervention, al-Sadr replied “Iran is a neighboring country that is keen for its interests, so we hope that it will not interfere in the Iraqi internal affairs”.
We reject any foreign intervention in our affairs”, he stressed.
Regarding the United States, al-Sadr added that “America is an occupying state. We do not permit it to intervene”.
Sa’iroun Alliance was on the lead in the recent Iraqi parliamentary elections.
The main leading alliance has to make negotiations with other alliances and blocs to form the new government within 90 days, as the Iraqi constitution stipulated.
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Indonesia's currency is spiraling. It'll have to make sacrifices to save it
- The rupiah has been one of the worst-hit Asian currencies amid rising U.S. Treasury yields and strengthening in the dollar.
- Indonesia's central bank announced an off-schedule meeting on May 30, increasing speculations that it will hike interest rates again to support the rupiah.
- Indonesia increased interest rates just two weeks ago, so another rise so quickly would likely hurt growth, analysts said.
Indonesia's rupiah has been growing worryingly weak, and the country's central bank has seen little success after multiple attempts to prop up the currency.
Now, Bank Indonesia said it will meet again on Wednesday — and speculation is rife that the central bank has more tricks up its sleeve.
The rupiah has been one of the worst-hit Asian currencies as investors pull out of the Indonesian stock and bond markets amid rising U.S. Treasury yields and strengthening in the greenback. The falling value of the rupiah could spell trouble for the country's large foreign currency debt, and the outflows from its bonds are bad news for its government.
The central bank tried to stem the currency weakness with measures including hiking interest rates and buying sovereign bonds, but the rupiah still depreciated: It fell to 14,202 per U.S. dollar on May 23. That was the weakest in more than two years.
With the persistent rupiah weakness, more "rate hikes may be needed, with the next one possibly as early as this week," Eugene Leow, a strategist at Singapore's DBS Bank, wrote in a Monday note.
The central bank hiked interest rates by 25 basis points in its mid-May meeting — the first raise since November 2014. Central bankers were scheduled to convene again in June, but Bank Indonesia last Friday said an additional policy meeting would be held on May 30.
Perry Warjiyo, the newly minted governor of Bank Indonesia, said the additional meeting wasn't an "emergency" but there's a need to be ahead of the curve given that the Federal Reserve is scheduled to review its policy on June 12 and 13.
"The dynamics offshore happen so quickly and market perceptions are formed quickly that there is a tendency that some became irrational. These dynamics need to be responded to immediately to stabilize things," Warjiyo said in a news conference on Monday.
Higher rates may hurt Indonesia's growth
Analysts, including those at Morgan Stanley, are expecting another 25-basis-point increase in Indonesia's interest rates this Wednesday. But some warned hiking rates again within such a short period may cripple the economy.
Australian lender ANZ Bank said Indonesia needs another two 25-basis-point hikes to support the rupiah. If the central bank does such an adjustment in the next two meetings on May 30 and June 27-28, the country will have increased interest rates by 75 basis points in just six weeks.
Such an aggressive hiking cycle would weigh on growth," ANZ analysts wrote in a note on Monday, adding that a 100-basis-point increase in the policy rate could shave 0.2 to 0.4 percentage points off the country's annual growth.
"As such, we expect more macro prudential measures to partially offset the negative impact on growth. Already, the central bank is looking to relax the housing loan-to-value ratio," the analysts said.
Indonesia, the largest economy in Southeast Asia, has already seen growth disappoint: Its economy missed analyst expectations by growing only 5.06 percent in the first quarter of the year. Higher interest rates make lending more expensive, which can lead to lower spending by businesses and consumers — a further dampener on growth.d
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
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GLOBAL/NEWS/INFO
If you are retiring abroad to escape the IRS, here is what happens if you give up your US passportCNBC
Before you consider giving up your U.S. citizenship or green card, make sure you plan for the expatriation tax, more commonly known as the exit tax. Read the full story
10 Things to Know for Tuesday
ABC News
Among 10 Things to Know: Where Subtropical Storm Alberto is causing trouble, hope for US-North Korea talks, what's included in Starbucks' anti-bias training, France's reward for a migrant who saved a child's life. Read the full story
The biggest stories you missed over Memorial Day weekend
The Washington Post
The Washington Post
Here's what you need to catch up on from the holiday weekend. Read the full story
OIL/COMMODITIES/ENERGY
Gold sputters as dollar gains, gets no boost from global stock retreat
MarketWatch
MarketWatch
Gold futures prices slipped but hovered just above the closely followed $1,300 line in subdued action early Tuesday, with moves limited by strength in the leading dollar index. Read the full story
Gold slips as political turmoil in Italy rocks financial markets
Gold prices fell further from the two previous sessions under pressure on hopes a U.S.- North Korean summit was back on track.
Oil Struggles Near 6-Week Lows As OPEC, Russia Mull Output Boost
Investing.com
© Reuters. Oil Struggles Near 6-Week Lows Read the full story
Oil Prices Slide Amid Increased Shale Drilling ; OPEC, Russia Weigh Lifting Output
Investing.com
© Reuters. Output increases continue to weigh on crude oil prices Read the full story
Oil prices are falling fast. Here's why
CNN Money
Oil prices have been slumping since Friday when Saudi Arabia indicated a willingness to pump more oil into global markets. Read the full story
BANKS/BANKING/CREDIT
More consolidation ahead in the financial sector?Fox News
PwC Head of Financial Services Neil Dhar on the European markets and the state of M&A. Read the full story
How the Federal Reserve Could Ruin the U.S. Economy Within 12 Months
TheStreet
The Federal Reserve is in a tough spot as it tries to unwind extraordinary accommodation and keep the U.S. economy growing. One wrong move could ruin the U.S. recovery. The Federal Reserve best approach raising interest rates carefully, or else, suggests outspoken Minneapolis Fed chief Neel Kashkari. So if we keep raising rates despite the fact the yield curve is flattening, if the long end of the curve does not move up, if inflation does not emerge and we just keep raising rates we could end Read the full story
Canadian Banks Say ‘Fraudsters’ Stole Information From at Least 40,000 Customers
VICE
Attackers electronically accessed personal and account information from clients at Simplii Financial and the Bank of Montreal. Read the full story
Deutsche Bank plummets as Italy crisis rocks global banks
Business Insider
Shares in Germany's biggest bank, Deutsche Bank, are plummeting on Tuesday morning as market turmoil surrounding the Italian political crisis spreads to the shares of global banks. By around 11.20 a.m. BST (6.20 a.m. ET) Deutsche Bank's shares have fallen close to 5% on the day, dropping to a level not seen since autumn 2016, a period when there were genuine fears the bank was about to go under. Deutsche Bank's share price is at €9.87 ($11.46). The main driver of Deutsche's falling share price Read the full story
Dodd-Frank reform reunites community banks and small business
The Washington Times
On Thursday, President Trump signed the Economic Growth, Regulatory Relief, and Consumer Protection Act — the first significant financial regulatory reform bill to become law since the crisis-era Dodd-Frank Act. Although some may claim this represents an undoing of Dodd-Frank, what the president enacted is far from the anticipated overhaul. ... Read the full story
TREASURIES/BONDS/STOCKS
Dow is set to tumble triple digits amid uncertainty over Italy's political direction
CNBC
CNBC
Italian politics sent global stocks sharply lower as well and the euro to a 6-1/2 month low. Read the full story
New Leaders Emerge Among Market-Beating Foreign Stock Plays
Investor's Business Daily
Leadership has undergone significant changes among foreign ETFs over the past few weeks amid recent selling in emerging-markets stocks. Read the full story
Now is the time to buy safe haven Treasurys, one market watcher argues
CNBC
With rising rates depressing bond prices, some investors may think ditching U.S. Treasury notes is a wise play. Some strategists are taking the other side. Read the full story
The Week Ahead: Investors will focus on jobs
Fox Business
The May report is expected to top April's but still be below average. Read the full story
US Treasury yields tumble ahead of economic data; geopolitics in focus
CNBC
U.S. government debt prices posted sharp gains on Tuesday, as investors geared up for fresh economic data. Read the full story
Stocks- Dow Slumps as Italian Politics Rattle Markets
Investing.com
© Reuters. U.S. Futures pointed to a lower opening bell on Wall Street. Read the full story
Investors Flocking To Target Date Funds
Investing.com
Stock Markets May 29, 2018 09:54 GMT Investing.com - Once considered stodgy, target-date mutual funds had their best year ever in 2017, attracting $70 billion in new investment, according to a report by Morningstar Research. Target date funds now have $1.11 trillion in assets under management, six times more than a decade ago. The funds, also known as life-cycle funds, are designed to grow assets over a pre-determined period of time for a specific goal, and are popular with company retirement Read the full story
Top 5 Things To Know In The Market On Tuesday
Investing.com
© Reuters. Top 5 things to know today in financial markets Read the full story
CRYPTO'S / DIGITAL CURRENCY
Bitcoin Price Faces Last Major Support Level Before $5K
CoinDesk
CoinDesk
Bitcoin is down again and looks set to test another key support level at $6,900, the technical charts indicate. Read the full story
China prosecutes 98 people, recovers US$268 million in OneCoin cryptocurrency investigation, report say
South China Morning Post
Prosecutions were the result of a two-year investigation of cryptocurrency scheme involving huge sums Read the full story
Cryptocurrency heist worth $20m sees hackers exploit worrying new trend
The Independent
Hackers have taken advantage of a fundamental weakness of cryptocurrencies to steal $20,000 worth of bitcoin gold and other digital currency. Read the full story
Potential for 51% Attack on Bitcoin Private (BTCP) and ByteCoin (BCN)
Cryptocoin Spy
Website crypto51.app has drawn up a collection of coins and calculated the theoretical cost of a 51% attack on each network. The approximations are based on the cost of an attack over the course of one hour. A 51% attack is the term used to describe an attack by a miner or group of miners... Read the full story
CURRENCIES
Dollar drives to 6-month high against euro as Italian and Spanish political worries fester
MarketWatch
MarketWatch
The U.S. dollar flexed its muscle against the euro Tuesday, as political turmoil in both Italy and Spain sent the shared currency diving to multi-month lows. Read the full story
Forex - Euro Falls Below $1.15, Yen Broadly Higher
© Reuters. Euro falls below $1.15, yen broadly higher Read the full story
Forex- Euro Falls After Carlo Cottarelli Named Italian PM
The euro was lower on Monday. Read the full story
Euro falls to 10-month low after Italy debt selloff
The euro fell on Tuesday to a 10-month low after a selloff in Italy's debt market drove investors to dump the single currency.Read more: https://www.cnbc.com/2018/05/
Turkish currency sees short-term gains after rate hike | Money Talks
Turkish currency sees short-term gains after rate hike | Money Talks Read the full story
Indonesia's currency is spiraling. It'll have to make sacrifices to save it
Indonesia's central bank has tried to stem the weakening in the rupiah, but it has seen little success.
INSURANCE / HEALTH
Preparing for the cost of cancer, let alone the care
CBS News
CBS News
As treatment costs soar and insurance coverage shrinks, hospitals rush to offer financial counseling to patients Read the full story
The Brain Literally Starts Eating Itself When It Doesn't Get Enough Sleep
ScienceAlert
The need for sleep goes far beyond simply replenishing our energy levels every 12 hours. Our brains actually change states when we sleep to clear away the toxic byproducts of neural activity left behind during the day. Read the full story
Alibaba injects pharmacy assets into healthcare unit in $1.4 billion deal
Business Insider
FILE PHOTO: A sign of Alibaba Group is seen during the fourth World Internet Conference in Wuzhen Thomson Reuters SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd will inject some of its online pharmacy business into a listed unit in a deal valued at HK$10.6 billion ($1.35 billion), the firm said in a statement on Tuesday. Alibaba Health Information Technology Ltd will buy Ali JK Nutritional Products Holding Limited, which controls sales of medical devices, healthcare Read the full story
Maybe DNA Can’t Answer All Our Questions About Heredity
WIRED
Carl Zimmer's new book She Has Her Mother’s Laugh is a book about the question genetics was invented to answer—and perhaps can't. Read the full story
New Findings Explain How Melatonin Promotes Sleep - Sleep Review
Sleep Review
Melatonin is a hormone known to promote sleep, but its underlying mechanisms are unknown. Now, researchers from the University of Missouri (MU) School of Medicine have discovered how melatonin suppresses neurons in the brain that keeps you awake and alert. These findings could lead to new therapies for those who suffer from insomnia. “We as a society are losing sleep because we are working too hard, and it’s causing a variety of health concerns,” says Mahesh Thakkar, PhD, professor and director Read the full story
When is dentistry not medicine? When insurance is involved
CNN
Even under a decent plan, you'll have to dig deep in your pocket for crowns, bridges and implants. The mouth isn't covered by insurance the same way as the rest of the body, and this division has deep roots in history and tradition. Read the full story
One in 25 children aged 10 or 11 'severely obese'
BBC News US
The figures for 10 and 11-year-olds are a further wake-up call, the Local Government Association says. Read the full story
Most vitamin, mineral supplements not shown to lower heart disease risk
Science Magazine
Current research does not show enough evidence that vitamin or mineral supplements are beneficial for preventing or treating heart disease, with the exception of folic acid for reducing stroke risk, according to a review article published in the Jour.. Read the full story
Viruses can cause global pandemics, but where did the first virus come from?
The Conversation US
Recent discoveries of ancient viruses are helping scientists understand their origins. Read the full story
USA/CANADA
US imposing 25% tariff of Chinese goods, apply investment restrictions in June
Fox News
Fox News
President Trump signed a memorandum in late March announcing the administration would take steps to protect domestic technology and intellectual property from China's "discriminatory and burdensome" trade practices. Read the full story
El-Erian: Fallout from Italy's political crisis reveals US as the 'only economy with real legs'
CNBC
Investors had mistakenly assumed the world was in a phase of synchronized growth, economist Mohamed El-Erian tells CNBC. Read the full story
The US housing market has an inventory problem
Yahoo Finance
"With mortgage rates and home prices continuing to climb, an increase in housing supply is absolutely crucial to keeping affordability conditions from further deterioration." Read the full story
Department of Homeland Security moves to finally rescind the International Entrepreneur Rule
TechCrunch
After nearly a year of protest and litigation, the Department of Homeland ... Read the full story
Canadian housing jitters part of a global trend transfixing central banks: Don Pittis
CBC News
Hike interest rates now or delay? The severity of the impact of rising rates makes for an onerous choice for the world's central bankers. Read the full story
U.S. and EU again at odds over Airbus subsidies at WTO
Reuters
Reuters
The European Union told the World Trade Organization's dispute settlement body on Monday that it had acted within days of a WTO ruling to bring its funding of planemaker Airbus into line with WTO rules, a trade official who attended the meeting said. Read the full story
EMERGING MARKETS
Businesses turn up heat on Mexican government over crime surge
Reuters
Reuters
Mexican business leaders called out the government on Monday over a recent wave of criminal activity that has terrorized large swaths of Latin America's second-largest economy and led some prominent firms to cut back operations. Read the full story
Delays and 'poison pills': team Trump runs out of road in NAFTA talks
Reuters
President Donald Trump is running out of time to deliver a revamp of the North American Free Trade Agreement (NAFTA) he promised for this year and people involved in the talks say the crunch is largely of his administration's own making. Read the full story
Brazil fuel protests continue despite price cut
BBC News US
Some lorry drivers' unions reject President Michel Temer's concession to cut diesel prices. Read the full story
Truckers’ Strike Paralyzes Brazil as President Courts Investors
The New York Times
Brazil, which has Latin America’s largest economy, has been crippled as truck drivers protesting rising fuel prices have blocked roads across the country. Read the full story
Nicaragua is following Venezuela toward the rocks
New York Post
New York Post
In Nicaragua, for over a month, hundreds of thousands have taken to the streets in nationwide protests demanding the ouster of autocratic President Daniel Ortega after nearly 12 years of corrupt rule. More than 70 Nicaraguans have been killed and some 800 injured as Ortega’s security forces and armed militants have unleashed their violent fury on unarmed civilians. While outsiders may have been surprised by the sudden turn of events, those who have been following Ortega’s systematic undermining Read the full story
EU prepares to hit Venezuela with new sanctions
Aljazeera
The European Union (EU) is calling for "fresh presidential elections" in Venezuela as it prepares to impose more targeted sanctions against officials in the South American country. List of officials already sanctioned by the EU: Nestor Luis Reverol Torres: Minister of Justice and Peace Gustavo Enrique Gonzalez Lopez: Head of the Bolivarian National Intelligence Service (SEBIN) Tibisay Lucena: President of the National Electoral Council Antonio Jose Benavides: Chief of the Capital District Maikel Read the full story
MIDDLE EAST
U.N. voices concern on Saudi arrests of activists, missing prince
Reuters
Reuters
The United Nations human rights office called on Saudi Arabia on Tuesday to provide information about women's rights activists and other activists being held in custody and to ensure their right to due process. Read the full story
How will the US nuclear deal pullout affect Iran's economy?
Aljazeera
After US President Donald Trump's withdrawal from the 2015 nuclear agreement, there has been much talk about the future of Iran's economy. Some have speculated that the negative effect of Trump's decision on the oil markets may put the survival of Iran's economy in doubt. However, in order to make a realistic prediction about "what will happen" after the death of the deal, one would first need to examine "what happened" since its birth. The reality is that Iran gained almost nothing from the Read the full story
EU leaders defend Iran nuclear deal | Money Talks
TRT World
EU leaders defend Iran nuclear deal | Money Talks Read the full story
Without France, Lebanon would probably be at war, Macron says
Reuters
French President Emmanuel Macron has claimed credit for solving a political crisis in Lebanon last year and stated publicly that Saudi Arabia had held Prime Minister Saad al-Hariri for several weeks. Read the full story
India won’t follow US sanctions on Iran
The Hill
India's foreign minister said Monday that her nation will follow sanctions imposed by the United Nations but not ones leveled by individual countries, including those the U.S. Read the full story
AFRICA
EU to oversee Zimbabwe's election for the first time in 16 years, businesses 'rejoice'
CNBC
CNBC
The move could bolster a weak domestic economy hungry for foreign investment. Read the full story
EU to deploy observers to Zimbabwe election for first time in 16 years
The Telegraph
The European Union will deploy observers to Zimbabwe's general election expected in July, the first time in 16 years the bloc will monitor polls in the southern African country. Read the full story
Zimbabwe: Millers Worried Over U.S.$55 Million Debt
AllAfrica
The Grain Millers Association of Zimbabwe owes $55 million to its grain suppliers (foreign) and banks and risks losing fresh contracts should they fail to service the debt in two months' time, the association's chairman Tafadzwa Musarara has said. Zimbabwe has, through local millers, been importing wheat to augment local stocks from Asia and Europe using foreign currency extended to them by local banks. The reasons for importing wheat, according to the milling industry, are, among others, the Read the full story
Zimbabwe: Farmers Benefit From EU Support
AllAfrica
DW's Wanjiku Mwaura was among a group of journalists who went to Zimbabwe to see the effects of financial support from the EU. She came back knowing a lot more about beekeeping and ways to battle climate change. Alec Marwa is a sturdy 26-year old Zimbabwean. I met him near his home in the town of Juliasdale in Nyamga Province. He was standing outside a maize farm, next to a blue planter. Marwa is a member of the community that recently welcomed a team of Europe-based journalists who had come to Read the full story
South Africa: Why Megaprojects to Deliver Houses Might Not Work
AllAfrica
AllAfrica
In 2014, the South African government announced a new direction in housing policy. The aim was to phase out smaller low cost housing projects of a few hundred units and focus exclusively on megaprojects - new settlements made of multitudes of housing units combined with a host of social amenities. Given the uneven access to housing that resulted from apartheid, housing delivery has been a major focus of since 1994. Government's 20 year review - 1994 to 2014 - reported that 3.7 million subsidised Read the full story
ASIA
RPT-U.S. record oil exports bite into Russia, OPEC market share in Asia
CNBC
CNBC
Record crude oil volumes exported from the U.S. will be heading to Asia in the next couple of months. Read the full story
South China Morning Post
The Hang Seng Index closes at lowest level since May 8 and the Shanghai Composite Index posts longest streak of decline in a year Read the full story
Asian Equities Lower as Italian Turmoil Intensifies
© Reuters. Asian stocks traded lower in afternoon session Read the full story
Shares fall on Italian turmoil, euro, oil at multi-week lows
Reuters
Asian shares fell on Tuesday and the euro slipped back to 6-1/2 month lows as early elections loomed in Italy, but a revival in diplomatic talks with North Korea and a retreat in oil prices from recent highs supported sentiment. Read the full story
North Korean Official Heads for U.S. as Adversaries Seek Path to Nuclear Deal
The Wall Street Journal
North Korean leader Kim Jong Un dispatched one of his top lieutenants to the U.S. as Washington and Pyongyang pressed ahead on denuclearization talks in hopes of reaching a deal. Read the full story
China rejects U.S. charge of 'forced technology transfer' at WTO
Reuters
China told the World Trade Organization's dispute settlement body on Monday that U.S. accusations that Beijing forced companies to hand over technology as a cost of doing business in China were groundless. Read the full story
Two of the world's biggest brands are now Chinese
CNN Money
The 2018 list of the world's most valuable brands is out, and many Americans may not recognize a couple: China's Alibaba and Tencent. Read the full story
EUROPE
Theresa May's hopes of a quick Brexit trade deal with Trump are 'not going to happen'
Business Insider
Business Insider
Sir Peter Westmacott, Britain's Ambassador to the United States between 2012 and 2016 Greg Kahn / Stringer Exclusive: Sir Peter Westmacott, Britain's ambassador to the United States until 2016, tells Business Insider that it will be "extremely difficult" for the UK to negotiate a free-trade deal with the United States. Brexit-supporting MPs have consistently trumpeted the prospect of a UK-US trade deal as a means of compensating for the economic hit from leaving the EU. "I think this is all Read the full story
Markets Now: Dow Drops 197 Points as Euro Crisis Returns With a Vengeance
Barron's
U.S. stocks are sinking this morning on concerns that problems in Italy could put the European Unions to the test once again. Read the full story
Worsening Italian crisis batters European markets
Reuters
A worsening political crisis in Italy provoked a second day of selling on European markets, with the euro cut to an 11-month low, stocks punished and short-term borrowing costs surging for the government in Rome. Read the full story
May's disastrous handling of Brexit will set us back decades - CapX
CapX
Theresa May’s premiership, which has been dominated by the process of withdrawal from the EU, can be divided into three periods. Her first five months in power involved a series of catastrophic errors that have coloured everything that came after. The next 11 months were broadly okay on issues relating the leaving the EU. The most recent six months have been hapless, leaving us in a condition where, either through deliberate intent or sheer lack of will, we’re likely to remain de facto members Read the full story
Billionaire George Soros: ‘The European Union is in an existential crisis’
MarketWatch
As worries about Italy and Spain’s governance whack European markets on Tuesday, George Soros is adding to the downbeat mood. Read the full story
Billionaire George Soros outlines his plan to save Europe
The Hungarian-born philanthropist has claimed the European Union is in an "existential crisis".
Europe plans ban on plastic cutlery, straws and more
CNN Money
A ban on 10 plastic items that account for 70% of litter in EU waters could be just three or four years away. Read the full story
d
CBI, ISX, Kauaihn Chatter:
CBI Update:
http://www.cbi.iq/
The CBI for Wednesday 5/30/18 did update on the indicative rates Sell Rate 1190
The currency auction is 166,616,450
There are no news and announcements for Wednesday 5/30/18
The CBI for Wednesday 5/30/18 did update on the indicative rates Sell Rate 1190
No update yet
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:
5-30-2018 Newshound Guru Kaperoni What will happen is exactly what we've been saying for several years they will accept Article VIII, get off the peg and move to a float and allow the dinar to gradually appreciate as investment comes into the country. Though the CBI only has about 18 days left to meet the three-month compliance, I don't expect them to act immediately because the government hasn't been formed. They are making significant progress preparing to open the banking system.
5-29-2018 Intel Guru Dr. Clarke ...a Special Message from the “TAX Godz”: Do yourself a Favor. PLAN on paying your Income Taxes on this thing, until you get a Legal, Verifiable, Legitimate,“FOR REAL” Guideline, IRS Ruling in writing”, on this currency exchange, that says otherwise. Don’t be Ridiculous, and rely on some “Rumor”, or hearsay, FROM ANYBODY. You’re in the Spotlight…and Personally Accountable...and we’re certainly not professional Financial, Tax or Legal advisors. Get Licensed, Professional, Tangible...Assistance.
5-29-2018 Newshound/Intel Guru BGG [Reference Dinar Guru Newsflash 5-29-2018] IMHO this move is purely about staying in or getting into better compliance with IMF directives. Pure and simple. So they devalued by 1.7 CENTS!! Big deal… the BIG DEAL is they are showing a distinct and stunning sensitivity to being in alignment with the IMF. Here’s the real kicker… they’ve known how to do this all along, and yet they’ve been doing something else all along. Why the sudden change of heart? Why now? What has changed and what is their end-game? Most interesting times.
5-29-2018 Newshound/Intel Guru BGG [Reference Dinar Guru Newsflash 5-29-2018] IMHO this move is purely about staying in or getting into better compliance with IMF directives. Pure and simple. So they devalued by 1.7 CENTS!! Big deal… the BIG DEAL is they are showing a distinct and stunning sensitivity to being in alignment with the IMF. Here’s the real kicker… they’ve known how to do this all along, and yet they’ve been doing something else all along. Why the sudden change of heart? Why now? What has changed and what is their end-game? Most interesting times.
5-29-2018 Newshound Guru Don961 Article: "Amer Issa Al-Jawahiri: The importance of implementing the National Development Plan 2018-2022 in Iraq" the word " implement " and its derivatives appears 22 times in the pdf article ... sounds like they are eager to get the show on the road ... immediately at that ... imo.
5-29-2018 Intel Guru Delta [via sunny] CBI wanted to move FAST for compliance of 90 days. Jumped the gun by moving to 1190. To move from 1184 to 1190 is a brilliant move. It removes the fractional banking issue...They don’t want to deal with fractional banking...Want to do this "immediately." A lot will lose money if they hold US dollars. You should be jumping up and down today...by Tuesday could make announcement of what Iraqi Dinar linked to. "This is HUGE, you should be excited about this." "We believe we are about to see the rate come out..." In the next 24-48 hours I think we will have a clearer picture. "We should see something big BEFORE JUNE 1."
5-29-2018 Intel Guru Frank26 [via sunny] 1190...I know it looks negative to go from 1260 to 1190, but it’s not. It’s the 2% compliance...they will start de-pegging from the dollar. Auctions must stop because, since Thursday, they are selling US Dollars with no profit. When the auctions stop it will raise the value of the currency. ...1190 is not a disaster. It’s a strategical move. It’s a move for the short run to the Reinstatement, with no fractional banking and to expose the 2nd set of books. The CBI with the US, IMF and WB knows what it is doing...They were told to “immediately” back away from selling USD...Immediately stopping the auctions means “International.” With this move of 1190 they jumped the gun by two weeks...By doing this they don’t have to wait until June 15th...They have to do it way before June 15-16...No need for a "programmed rate" any longer.
5-29-2018 Newshound/Intel Guru Mnt Goat So here is a time sequence as we should all now see it:
-May 31st - Deadline to submit any complaints about the voting process to electoral commission.
-June 1st – the first session of the NEW Parliament first order of business is to swear in its newly elected members.
-Prior or just after to June 1st- The Sadr Movement announces their candidate for Prime Minister.
-Early June sometime the NEW Parliament must ratify the nominee for the Prime Minister.
-Once nominee is ratified by the NEW Parliament, the NEW prime minister will have 90 days [or 3 months] to form the new government. This would bring us to around September timeframe to have a possible “fully” functional govt.
-June 15th – The Judiciary must ratify the election results 2 weeks after the deadline from the Electoral Commission is reached.
5-29-2018 Newshound Guru MilitiaMan Article: “Reconstruction of the oldest and most famous streets of Mosul” I do beleive it takes contracts to drive fresh new reconstruction. It entails jobs for starters, then a laundry list of materials that all cost dinars... each employee working requires to be fed and housed...1 employee with a good competitive wage supports numerous others! In fact probably many for that matter. It begins... imo
-May 31st - Deadline to submit any complaints about the voting process to electoral commission.
-June 1st – the first session of the NEW Parliament first order of business is to swear in its newly elected members.
-Prior or just after to June 1st- The Sadr Movement announces their candidate for Prime Minister.
-Early June sometime the NEW Parliament must ratify the nominee for the Prime Minister.
-Once nominee is ratified by the NEW Parliament, the NEW prime minister will have 90 days [or 3 months] to form the new government. This would bring us to around September timeframe to have a possible “fully” functional govt.
-June 15th – The Judiciary must ratify the election results 2 weeks after the deadline from the Electoral Commission is reached.
5-29-2018 Newshound Guru MilitiaMan Article: “Reconstruction of the oldest and most famous streets of Mosul” I do beleive it takes contracts to drive fresh new reconstruction. It entails jobs for starters, then a laundry list of materials that all cost dinars... each employee working requires to be fed and housed...1 employee with a good competitive wage supports numerous others! In fact probably many for that matter. It begins... imo
5-28-2018 Intel Guru Dr. Clarke GET your PAPERWORK READY NOW!...in case you need SOME OF IT...You may not need all of it...BUT, you already know, you’re going to have to PROVE WHO YOU ARE, before you can Exchange. DO IT...NOW. When we said “PAPERWORK” ...we meant ALL PAPERWORK. ANY Paperwork...Your Driver’s License is Paperwork. Your Passport is Paperwork. Your Currency is Paperwork. Your “Lists” are Paperwork. Your Gift Letters are Paperwork. Your Bank Prospects, are Paperwork. Your Receipts, are Paperwork. ALL your Legal Documents are Paperwork. Your Articles of Incorporation, Trust Documents, Bank Account Verification Statements, Utility Bills, Divorce Papers, are all “Paperwork”... AND...we expect some REALLY REALLY Good News, Tues. (29th) or Wed. (30th) this week. “The TIME is very, VERY short...but has long, long, LONG-REACHING affects.”
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Abadi's website; posted only on Arabic side, not on English side)
The Council of Ministers holds its regular session chaired by Prime Minister Dr. Haider Abadi
The Council of Ministers held its regular session Tuesday, May 29, 2018 under the chairmanship of the Prime Minister Dr. Haider Abadi.
Where the Council of Ministers agreed to set the date chosen for the stadium project donated by the Kingdom of Saudi Arabia under the following preference:
First preference: Basmaya site
Second preference: the site of good
To be accompanied by the simultaneous work with the establishment of the road link with the international road network and through consultation with the Saudi side through the Saudi-Iraqi Coordination Council
The Board approved the recommendation of the Economic Affairs Committee as follows:
Approval of what was stated in the letter of the Ministry of Planning No. 2/5/24320 dated 31/11/2017 regarding the exclusion of Al-Nu'man Hospital from the Council of Ministers Decision No. 347 of 2015 regarding the mechanism of payment in installments and its treatment of ongoing investment projects and its inclusion in the Council of Ministers Resolution No. 161 For the year 2016
It was agreed to stop the contracts for land and land plots of the state during the occupation of the organization calling the terrorist to the provinces of Anbar, Nineveh, Salahuddin, and areas of the provinces (Baghdad, Babylon, Diyala, Kirkuk) and according to each region, to be delayed in the declaration of properties concluded Contracts until the approval of the controls of the ministries (finance, planning), and consider the duration of the delay within the period of cessation above.
The separation of the aviation authority from the Ministry of Transport was approved and linked to the Council of Ministers.
The meeting witnessed the approval of the following:
1. The Ministry of Finance allocated an amount of (7900000000) JD, only seven billion nine hundred million dinars from the emergency reserve for 2018, to the Ministry of Water Resources for the implementation of the first phase of the project of installing pumps on Lake Tharthar, based on the provisions of Article (5) Federal Budget No. 9 of 2018.
2. The Ministry of Oil to provide gas oil for the operation of generators and patents and mechanisms and back-up payment method.
3. The Ministry of Electricity to extend the power line up to the location of floating pumps (12MW).
It was agreed to compensate the anti-terrorism apparatus with 200 200 soldiers as a result of the shortage in the system as a result of fighting against terrorist organizations and providing financial allocations to them within the approved owners for the year 2018 according to the provisions of Article (11 / I and III) Federal Government for the fiscal year 2018.
The Council of Ministers approved the amendment of paragraph (3) of the Council of Ministers Decision No. (281) for the year 2017 on the organization of the process of settling salaries of employees in government institutions to become as follows:
The Ministry of Planning / Central Bureau of Statistics shall receive a percentage of (1%) of the nominal salary of the employee in return for obtaining a uniform job number, provided that the percentage mentioned above is updated periodically at each promotion to a higher degree and determined by the Ministry of Finance and the Central Bank of Iraq.
The Council approved the recommendations of the first session of 2018 related to the Civil Crisis Management Cell for the study of the state of pollution in the waters of the Tigris River within the administrative borders of Baghdad governorate accompanying the linking of this decision.
The Council of Ministers approved the cancellation of the procedures to stop sales and the allocation of land or housing units contained in the Council of Ministers Resolution No. 131 of 2018.
The Cabinet decided to amend the Cabinet Resolution No. 63 of 2018 to read as follows:
1. Appointment of graduates of the medical and health professions covered by the Law No. 6 of 2000 for the medical profession and health number (20000).
2. The Ministry of Finance shall provide the necessary allocations for their salaries from transfers and financial abundance in the fourth quarter of the year when available.
The Council of Ministers directed the Commercial Bank of Iraq to activate the special documentary credit for the project of rehabilitation of steel mills, which was approved by the Council of Ministers Decision No. 25 of 2017 by funding the existing credit without the need to add allocations.
Prime Minister 's Media Office
29 May 2018
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ARTICLE 2
Abadi fears international intervention in Iraq and warns of "getting into the unknown"
2018/5/29 19:28
[Ayna-Baghdad]
Prime Minister Haider al-Abadi expressed his fears of international intervention in Iraqi affairs, while warning against "entering into the unknown" and creating a constitutional vacuum in the country.
"Strengthening security is a priority, and caution is a duty, especially since there are elements that carry out the bombing. We have honored the security detachment that confronted the suicide attack. We thank the people of the flame for their stand with the security forces," he said at his weekly conference in Baghdad. In uninhabited areas. "
"We are working to protect our western border with Syria and we have made a new air strike against the headquarters of a preacher in Syrian territory two days ago and now our borders are becoming safer," he said.
On the issue of electricity in the country, Abadi said, "We held a meeting yesterday with the Energy Committee to discuss the reality of electricity in terms of the lack of energy production and there are some faults led to extinguish the entire station," noting that "Basmaya station will enter the service to add 5 thousand megawatts above the existing to be there An improvement in energy during the next two weeks after the introduction of power stations to the national system.
On the meeting of the Council of Ministers today and the decisions contained, Abadi said, "During the meeting of the Council of Ministers discussed the draft stadium donated by Saudi Arabia, and identified the first sites in Basmaya and the second location towards Alwa al-Rasheed and each site has advantages.
He also decided in the meeting today, according to the recommendation of the Economic Affairs Committee to allocate four and a half billion dinars to rehabilitate Al-Nu'man hospital, and the Cabinet decided to separate the civil aviation authority from the Ministry of Transport for the safety of civil aviation and linking it to the Council of Ministers. Others ".
He also decided to vote on additional amounts estimated at 8 billion dinars from the emergency reserve for the installation of pumps on Lake Tharthar, was also decided at the meeting to add 200 soldiers to the anti-terrorism apparatus to compensate for the shortfall after the wars fought, and was approved to amend paragraph 3 of The decision of the Council of Ministers on the resettlement of employees in government institutions and separated from the Ministry of Planning and linked to the Central Bureau of Statistics.
He referred to the adoption of the recommendations of the first meeting of the Council of Ministers for the year 2018 related to the management of crises, especially in the pollution of the Tigris River and how to remove it in the administrative boundaries of the city of Baghdad, and agree to cancel the procedures to stop sale or allocation of land and units tranquility contained in the Council of Ministers Resolution 2018, And the appointment of graduates of the medical and health professions who are covered by the law to include the medical and health professionals No. 6 for the year 2000 [20] thousand graduates on permanent staff. "
Abadi pointed out that "can not continue the previous way of unlimited spending, which led to disasters, while called on the political blocs to follow the constitutional methods to address the electoral violations," warning "to enter into the unknown that the political process is important and should not enter a constitutional vacuum, Calling for the cancellation of the elections is not true. "
On the statements attributed to the Electoral Commission on the outbreak of civil war in the event of cancellation of the vote of the outside and the vote of four provinces, Abadi expressed the Commission's statements and described them without success, "noting that" the duty of the Commission to prevent violations and abuses so as not to be a conflict and maintain the voice of voters, Put their efforts in the efforts of some, and the country through the stage of danger in the face of terrorism and blocks negotiate properly within the time available to them. "
He concluded Abadi, "We have concerns about the interference of countries and at the time we thank for their concern for Iraq and its security and stability, we want to establish relations with them on the basis of common interests and non-interference in Iraqi affairs," calling for political blocs to not hold meetings with countries, especially as the Iraqi citizen did not vote for blocs to negotiate With neighboring countries to form a government. "
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ARTICLE 3
Tweets posted on Government of Iraq twitter account...all posted on 5-29-2018 around 12 noon:
- PM @HaiderAlAbadi: It is important that appeals against the results of the parliamentary elections are investigated swiftly & transparently
- PM @HaiderAlAbadi: I chaired a meeting this week of the National Energy Committee to review the provision of power supply across Iraq; we must ensure that the energy needs of families & business are met
- PM @HaiderAlAbadi: Our armed forces are conducting operations along the Iraq-Syria border. These operations will continue
- PM @HaiderAlAbadi: Earlier this week, the Iraqi Air Force carried out strikes on Daesh targets inside Syria. The targets were completely destroyed
- PM @HaiderAlAbadi holds his weekly press conference in Baghdad, briefs media on recent airstrikes on Daesh targets in Syria, delivery of public services, and other development
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ARTICLE 4
The Electoral Commission abolishes 1,021 stations and checks with the defaultees
2018/5/30 11:38 • 12 times read
[Ayna-Baghdad]
The Board of Commissioners announced the abolition of a number of electoral stations in both internal and external elections, totaling 1021 stations in the elections of the House of Representatives 2018.
"A number of technical and legal committees were formed in this regard and worked for several days and 102 stations were canceled in 10 governorates, including some stations of general and special voting with conditional voting for the displaced, And the movement of the population and different complaints received red by the party agents on the day of the ballot, and distributed to the provinces [Arbil 7 stations] [Anbar 51 stations], [Baghdad / Karkh 17 stations] [Salah al-Din 11 station] [Nineveh 16]. "
He pointed out that "the Commission not only complaints of parties, but sent technical committees specialized for the purpose of auditing the stations, which are believed to have been manipulated where the technical committees canceled [852] stations out of [2000] have been audited by those committees in the National Office in Baghdad and distributed In the province of Karbala, in the province of Arbil, in the province of Arbil, Thus, the number of stations that have been canceled [954] stations by the technical committees in the Commission.
The statement added: "As for the canceled stations in the elections abroad, there were a total of [67] stations distributed in the following countries: [Germany 10 stations] [Jordan 22] [America 31] [Sweden - two stations] [one station] , Bringing the total number of canceled stations to [1021] stations inside and outside Iraq in the 2018 elections. "
The Electoral Commission revealed "the formation of commissions of inquiry to account for the defaulters."
"It is open to all parties and electoral lists and it is working seriously to examine all the objections related to the parties and the candidates and continue to receive the appeals and will not hesitate to address any violations and take legal action against the defaulters."
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ARTICLE 5
Daily Programme
PROGRAMME OF MEETINGS AND AGENDA
SCHEDULED MEETINGS
Wednesday, 30 May 2018
10.00 a.m. - 8271st meeting - Security Council Chamber
- Adoption of the agenda.
- The situation concerning Iraq
- Eighteenth report of the Secretary-General pursuant to paragraph 4 of
Security Council resolution 2107 (2013) (S/2018/353)
- Report of the Secretary-General pursuant to Security Council resolution 2367 (2017) (S/2018/359)
Security Council resolution 2107 (2013) (S/2018/353)
Morning* - Consultations of the whole (closed) - Consultations Room
- UNAMI (S/2018/353) (S/2018/359)
- Other matters
Daily Programme of Work of the United Nations Security Council
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ARTICLE 6
Long awaited features in WatSAP
2018/5/29 23:05
[Where - Continue]
Watsab has added some of the unprecedented features to its users, which are currently being tested on tight ranges to be circulated later.
According to press reports, the most important new features are the possibility of group voice talks, and the ability to send messages to people who are not registered on the contact list.
Watsab users will be able to make group voice calls between at least 4 people.
This feature is currently being tested on IOS systems for iPhone phones and will soon be added to Android systems.
The second feature will allow you to send messages to people without having to register their numbers on your phone, an important feature in case you engage in a one-time conversation with someone you will not need to communicate with in the future.
