WOTS Friday 5/18/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,168.1000 | 1,168.1000 | 1,168.1000 | | 20:00 |
| USD/VND | | | 22,750.5000 | 22,442.0000 | 22,442.0000 | | 04:15 |
| USD/CNY | | | 6.3785 | 6.3572 | 6.3572 | | 06:43 |
| USD/KWD | | | 0.3017 | 0.3010 | 0.3015 | | 06:35 |
| GBP/USD | | | 1.3527 | 1.3482 | 1.3511 | | 06:43 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,167.3000 | 14,062.5000 | 14,153.5000 | | 06:43 |
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DC NY Iraq Articles:dddd
Iraq .. Sadr and Hakim discuss the formation of the new government after the parliamentary elections
2018/05/18
The leader of the Sadrist movement Moqtada al - Sadr and the stream of wisdom Ammar al - Hakim
The leader of the Sadrist movement Moqtada al - Sadr and the stream of wisdom Ammar al - Hakim
The leader of the Sadrist movement Moqtada al-Sadr and leader of the National Wisdom Movement Ammar al-Hakim discussed Thursday the future of the political process in the light of the results of the parliamentary general elections.
"The dialogue between us is for Iraq and the next stage and to reach an end to the suffering of the Iraqi people. We are moving towards a new stage to build Iraq, a democratic paternalocratic government under the tent of Iraq," Sadr told reporters at the end of the meeting.
Hakim said: "We are ready with the blocks to formulate the program of the next government and be a government close to the people, and we build a state institutions and we will go hand in hand, and communicate with the winning lists within the constitutional bishop."
He added: "Souroun and the stream of wisdom represent two basic blocs through which we can start to consult with the winning lists and consider the need to form a strong independent national government in its political decision based on free national will and a transnational national approach to the components beyond sectarian trenches and start forming an Iraqi government."
On Wednesday, Shi'ite cleric Moqtada al-Sadr called on leaders of new electoral alliances to meet to form a government of honest technocrats.
He held telephone calls with the Prime Minister Haidar al-Abadi, the head of the National Coalition Iyad Allawi, the Kurdish leader Massoud Barzani, Osama Najafi, Hadi al-Amiri, Ammar al-Hakim, and close to Nuri al-Maliki, to discuss the future of the political process in the light of the results of parliamentary elections last Saturday .
How to form the coming Iraqi government?
Baghdad/ Iraq TradeLink: The Iraqis held their first polls after Da’ish *ISIS) defeat, which, as
expected, will affect the powers of the Middle East region.
According to Iraqi constitution, the Iraqi government, after declaring final electoral results, should be formed within 90 days.
The first step is outlined that President Fouad Ma’soum should call for convening the new parliament after 15 days of announcing poll’s results.
The members of the new parliament will elect, within 30 days, the speaker and two deputies with the majority of votes after the first session .
The speaker will entrust the candidate of the biggest bloc in the parliament to form the new government.
The entrusted premier will have 30 days to form the new government and suggest it before the parliament for approval.
The parliament should approve the governmental programme, as well as approving the ministers in a separate voting with the majority of votes.
If the entrusted premier failed to form an alliance government within 30 days, or the parliament rejected his proposed government, the parliament will propose another personality to form the government within 15 days.
Kurdish delegation to consult on coming Iraqi government denied
Sulaimaniya/ Iraq TradeLink: The Kurdish Patriotic Union Party denied sending any Kurdish
political delegation to Baghdad to consult on the formation of the new government.
MP Abdul Bari Zebari pointed that the party will consult other Kurdish political circles on joining any of political blocs in Baghdad.
He added that all the Kurdish parties, like others, are waiting the final results of the election and naming the new MPs to start their political negotiations.
Zebari elaborated that the Kurds will have a unified stand to support the biggest bloc in Baghdad, but this does not mean “reviving the Kurdish Alliance again”.
Iraqi election started on 12 May, 2018 amid strict security measures.
All media and political organs were busy to observe electoral violations in all Iraqi provinces.
The decline in electoral voting was attributed to technical problems, as well as general frustirations that the tradition political blocs will be chosen again. d
Iraq stops dealing with Hezbollah Mall
The Central Bank of Iraq announced the suspension of its dealings with the Islamic Bank of the country, after the US Treasury Department announced the status of the bank and its chairman, within the list of sanctions.
The Central Bank statement said that: "Based on the international agreements signed by the Iraqi side, and to preserve the integrity of the financial and banking system in Iraq, it was decided to prevent the Islamic Bank of the country, which is the financial path of Hezbollah from the window of sale and purchase of currencies, Basem Aras Habib Karim from the Iraqi stock market ».
On Tuesday, the US Treasury Department imposed sanctions on financial institutions and individuals in Iran, Iraq and Lebanon. Karim, who headed the NCP after Ahmed Chalabi's death, was also accused of helping the Iranian Quds Force with his bank to transfer money to Hezbollah.
Gorran Threatens Commissioner for More Parliamentary Seats: Official
ERBIL — The Change Movement (Gorran) has threatened a senior member of Iraqi electoral commission with death if he refuses to give the party three extra seats in the upcoming parliament, said an official.
During a roundtable debate on al-Sharqiya news channel, Karim Tamimi, a spokesperson for the Iraqi independent high electoral commission said that their senior member Saeed Kakayi was asked by Gorran to give the party two extra parliamentary seats for Sulaymaniyah and one for Kirkuk, or he will be killed.
He claimed that Kakayi had informed the commission about the issue personally.
Kakayi, who previously served as an advisor to Kurdistan Region’s Peshmerga ministry, was Gorran’s representative at the Iraqi electoral commission.
The commission previously called on the Iraqi government and Prime Minister Haider al-Abadi to protect Kakayi as the threats were serious.
Gorran is unsatisfied with its results in the Iraqi parliamentary election held on 12 May, believing that the Patriotic Union of Kurdistan (PUK) had influenced the results in favour of itself.d
Gorran Considering the Establishment of Military Base
According to the information obtained by BasNews, some senior Gorran officials are now supporting the establishment of a military base where a brigade of armed men could receive military training.
The idea has seemingly come to discussion after last week’s Iraqi parliamentary election when a group of Patriotic Union of Kurdistan (PUK) special forces attacked Gorran’s headquarter in Sulaymaniyah with heavy arms.
Shorish Haji, a senior Gorran official, has confirmed that some members of the party’s leadership believe that an armed force for self-defence is needed at this stage.
Salih Zhazhayi, deputy head of Gorran’s general assembly, told Bas newspaper earlier this week that the main policy of the party does not include armed forces, but there is a noticeable number of Gorran members who possess guns and are willing to form a brigade to protect their party.dd
Kauaihn Iraq Articles:dddd
https://financialtribune.com/
Mr. Ammar al-Hakim discusses with Magurk the results of the elections and the national movement to form the next government
Date of release: 2018/5/18 11:12 • 169 times read
(Baghdad: al-Furat News) President of the National Alliance, Mr. Ammar al-Hakim, with the envoy of US President of the International Coalition Bert Magork, the results of the elections and the national movement to form the next government.
"Mr. Ammar al-Hakim received Magurk in his office in Baghdad and discussed with him the local and regional political developments, the results of the recent elections in the country and the national movement to form the next government," a statement issued by his office said.
"The ability of the Iraqis to complete the change they began in the elections, to form an effective national government, and able to meet their aspirations," said Ammar al-Hakim.
He stressed "the need to uphold the constitutional timing in the process of forming a government."
"The ability of the Iraqis to complete the change they began in the elections, to form an effective national government, and able to meet their aspirations," said Ammar al-Hakim.
He stressed "the need to uphold the constitutional timing in the process of forming a government."
Iraqi-Syrian intelligence cooperation continued for months
Baghdad/ Iraq TradeLink: Within one week, many Iraqi air raids against Da’ish (ISIS) organization in
Syria took place through Iraqi-Syrian intelligence cooperation.
The first operation was prominent in arresting five leading members, four Iraqis and one Syrian, while the other air raids resulted in destroying meeting centers for Da’ish organization that led to tens of casualties, as officially reported.
Chairman of the Iraqi Parliamentary Foreign Relations Commission Abdul Bari Zebari disclosed that the Iraqi intelligence concentrated its cooperation with the Syrian during the past few months that resulted in arresting and killing tens of Da’ish senior personnel along the Iraqi-Syrian borders.
On the other side, Jordanian sources reported that the government had talks with the Iraqi government to hand over the suspect for burning the Jordanian pilot Ma’ath al-Kasasba, according to legal agreements between the two sides.
Iraqi strategic analysts described this operation as “an important intelligence work in Iraq in a trans-borders operation in cooperation with international security sources”.
The analysts believe that this operation was done with the cooperation of the Russian sources in Syria and the American sources in Iraq.
The talks concentrated on handing over Da’ish member Saddam Omar al-Jamal who was arrested by the Iraqi intelligence, with four more, who is regarded one of the responsibles for the burning crime.
Pilot al-Kasasba, born in 1988, was arrested by Da’ish organization on 24 December, 2014 after the crash of his F-16 jet in a military operation against Da’ish members in Raqqa province, north of Syria, within the military operations of the International Coalition, headed by the United States.
In addition, the Iranian National Security Secretary General Ali Shamkhani charged USA as the main organizing organ for the terrorists in the Middle East, Iranian Mehr news agency reported.
Fleeing Iraqi capitals hinder investments
Baghdad/ Iraq TradeLink: Many reports tackled Iraqis buying real estates in some Arab and foreign
countries, particularly Dubai and Amman, but Turkey became the nearest center to get an asylum in the European countries and USA.
This is the main reason for the increasing purchases of the Iraqis in Turkey, as reported by the Turkish Statistic Department.
The departure of the Iraq was not due to fear of the happenings inside the country, but the Iraqis discovered that purchasing a real estate in Turkey is cheaper than that in his country.
As for the investor, it’s a good deal in the light of the investment prices and the privileges granted by the Turkish government, including long-term permit, or the Turkish nationality itself or tax exemptions.
Iraqi economic experts blamed the Iraqi government for this exodus, which led to increasing real estates inside Iraq.
\
They charged the responsibles at the housing departments and banks for the escape of Iraqi funds abroad, as well as the increasing prices, unlike neighboring countries that extended more facilities to real estate investors or buyers.
According to statistical information, the real estates in Dubai and Jordan depend on Iraqi investors.
Despite the issuance of 2006 investment law, with its amendments in 2016, the Iraqi government was unable to provide an investment milieu for Iraqi and foreign funds, due to the routine and corruption.
According to Turkish statistics, the Iraqis bought about 348 real estates in March, 2018, with an increase of 15.8% in comparison for February, 2018.
Saudi-Iraq border outlet to be opened
Riyadh/ Iraq TradeLink: Saudi Investment Commission disclosed that the Jdaida-Arar border outlet
between Iraq and Saudi Arabia will be opened during the coming ten months, Riyadh daily reported.
The commission pointed that its will be a great opportunity to Saudi businessmen to work with Iraq through this outlet, including Iraqi reconstruction projects and investment opportunities.
No other details were given.d
Iraqi Kurds Look to Open New Chapter With Iran
Thursday, May 17, 2018
I raqi Kurds are opening a new chapter in their relations with Iran seven months after a foiled independence referendum in the Kurdish region.
The Kurdistan Regional Government hosted an Iranian government trade delegation in Erbil during the fourth economic conference between the two parties on May 2-3 to discuss ways of expanding ties.
“This conference was an important gathering to expand economic relations between Iraq and Iran and in particular the Kurdistan Region of Iraq,” said Hassan Danaiefar, the former Iranian ambassador to Baghdad and the current head of the committee to expand economic relations between Iran and Iraq, reads an article published by Al-Monitor. Excepts follow:
Iran’s Minister of Industries, Mining and Trade Mohammad Shariatmadari, who attended the conference, said an agreement was signed between Erbil and Tehran to expand relations and to form a committee to deal with obstacles that slow down bilateral trade.
“I think all the parties, including the KDP [Kurdistan Democratic Party], the Patriotic Union of Kurdistan and others, have understood that the role of the Islamic Republic is critical and they should have taken into account its demands and suggestions,” said Nazim Dabagh, a veteran KRG representative in Tehran, on May 2.
“We could say that they [Iranians] had informed the Kurds that the referendum would bring disaster for the Kurds. Now all the [Kurdish] parties are trying to improve their relations [with Tehran].”
Once the Iraqi Kurdish leadership came to terms with the fact that Iran is the real power broker in Iraq, a delegation headed by KRG Prime Minister Nechirvan Barzani visited Tehran in January and agreed to cooperate with Iranian officials.
The KRG delegation agreed with Tehran’s demand for a halt to illegal smuggling from Iraqi Kurdistan. In return, both parties agreed to expand their economic and trade ties.
The Kurds and Iran are currently implementing an agreement that will see, on the economic front, the KRG expand the capacity of the current border crossings and will open more crossings. This has led to protests and strikes in the Kurdish areas on the Iranian side, as the crackdown on smuggling has put thousands of cross-border porters, locally known as “kolbar”, out of work.
An Iranian Kurdish legislator last month complained in parliament that 75,000 kolbars have lost their jobs as a result of the government policy in the last Iranian year, which ended on March 20, 2018.
The Iranian authorities now say reforms are being pursued to put these porters back to work, albeit via new arrangements.
In the border hub of Baneh, officials say local traders’ demand of a 50% exemption from customs tariffs, which is more than twice the current discount of 20%, cannot be accommodated.
On the Iraqi side, more border checkpoints are set up to stop traders from providing goods to porters.
“We are here to stop the smuggling of goods,” said a Kurdish officer in the border area near the town of Khurmal in Iraq’s Sulaimaniyah Province on April 25.
The steps taken by KRG to boost bilateral trade and keep a lid on militancy in its territory signal that the Iraqi Kurdish leadership has realized that it needs to be on good terms with the Iranians, not merely to survive in the volatile region, but also to be accepted once again in the Iraqi capital.d
Iran Set to Create Bank for European Transactions
Thursday, May 17, 2018
Tehran has taken preliminary steps to establish a bank for transactions between Iran and the European Union in euro to settle all financial issues that might arise after Washington's recent decision to withdraw from the Iran nuclear deal, Iranian Ambassador to Germany Ali Majedi said on Monday.
"We have not waited for others to take this move and adopted some measures to set up a euro-based bank … Europe should establish a euro bank to continue banking cooperation with Iran … Certainly, a bank that only works with euro will strengthen euro," Majedi was quoted as saying by Fars News Agency.
"The creation of such a bank would allow Europeans to continue trade with Iran, as well as with Russia, which is also under the US sanctions."
The Iranian diplomat suggested that this bank could be private, added that it would be based in Germany, Sputnik reported. d
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Asia oil thirst tab $1 trillion a year as crude rises to $80Business Insider
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GLOBAL/NEWS/INFO
How to Invest $1,000 a MonthThe Motley Fool
Here's your step-by-step guide to building lasting wealth. Read the full story
The number of billionaires and their wealth hit record levels
Yahoo Finance
The number of female billionaires is one the rise too. Read the full story
OIL/COMMODITIES/ENERGY
Gold Prices Reverse Gains, Near 2018 LowsInvesting.com
Gold prices reverse gains, near 2018 lows Read the full story
Gold is getting hammered as the dollar soars. Here’s what that meansCNBC
The metal has fallen 5 percent in the last three months as the U.S. dollar has gained ground, in turn depressing gold prices. Here's what could lie ahead. Read the full story
Rising rates could have big implications for markets, including causing a bear market in gold
CNBC
Interest rates in the U.S. are at levels not seen in years and that could have massive ramifications across different financial markets, MKM Partners' Michael Darda warned on Wednesday. Read the full story
Oil tops $80 a barrel on Iran deal fears
Sky News
The oil price has climbed above $80 a barrel for the first time in three-and-a-half years amid simmering global tensions over Iran. Read the full story
Oil Surges to Highest Level Since 2014
Investing.com
© Reuters. Oil prices surged on Thursday. Read the full story
$100 oil isn't as painful as it used to be
Business Insider
Glen Crabtree, a floor hand for Raven Drilling, lubricates a pipe while drilling for oil in the Bakken shale formation on July 23, 2013 outside Watford City, North Dakota Andrew Burton/Getty In the past, high oil prices weighed on the US economy but the shale revolution has made the US one of the largest oil producers. Higher oil price now redistribute wealth within the US and narrows the impact on the oil trade deficit. Compared to the past, high oil prices may have more of a neutral effect on Read the full story
BANKS/BANKING/CREDIT
The Key to Staying Out of Credit Card Debt: Save First, Then SplurgeThe Motley Fool
If credit card debt has been a constant source of stress, then it’s time to reevaluate your spending habits. Read the full story
Hong Kong is taking the fight to money launderers — but the ‘air bubble’ is hard to stamp out
CNBC
The very strengths that give Hong Kong economic dynamism — such as openness to financial flows and the sheer size of the banking system — can also create vulnerability. Read the full story
Deutsche Bank shortens paid periods for laid-off staffers
New York Post
Deutsche bank is cutting back financing its laid-off bankers’ Hamptons summer breaks. The German bank is shortening the paid periods during which laid-off bankers cannot go to a competing firm — called “gardening” leaves — ahead off planned mass layoffs, The Post has learned. Deutsche, led by CEO Christian Sewing, is shortening the leaves for some senior bankers to 30 days, down from about 60 or 90, two sources told The Post. The move effectively cuts down costs for the bank, since the bank pays Read the full story
Return of the Sanctions: Banks Should Steer Clear of the Central Bank of Iran
The National Interest
Annie Fixler, Behnam Ben Taleblu Security, Middle East Iran’s penchant for using its formal banking sector to fund its vast array of destabilizing regional activities is what makes engaging in any commerce with the Islamic Republic economically dubious. The U.S. Treasury Department has set its crosshairs on two more Iranian illicit finance schemes. Late last week, Washington designated a network spanning Iran and the United Arab Emirates that had “procured and transferred millions in U.S. Read the full story
Billionaire Tim Draper says the government will be forced to become 'virtual' soon
Fox News
He also thinks large countries will become less relevant and geographic borders will start to fall because of blockchain. Read the full story
4 things no one tells you about paying off credit-card debt, from someone who's done it
Business Insider
Credit card debt can be overwhelming and stressful, and many stories found online paint a glossy picture of the process of becoming debt-free. The journey to being debt-free is not always a straight path - it takes vigilance and adaptability to keep yourself on track with your plan. Here's what no one tells you about paying off credit card debt. I graduated from college in 2015 with morestudent loan debtthan I wanted to acknowledge and about $5,000 in credit card debt. I racked up this debt in Read the full story
Trump wants to roll back banking regulations meant to prevent the type of risky behavior that crashed markets a decade ago
Business Insider
President Donald Trump and his administration are expected to scale back provisions of the Volcker Rule, which is designed to combat exorbitant risk-taking by banks. Those financial-system excesses were largely blamed for the financial crisis a decade ago. Banks were among the market's biggest gainers immediately after Trump's election victory amid expectations of less oversight. Bank stocks surged following Donald Trump's election victory amid expectations of reduced regulation. Now it looks Read the full story
The Best Airline Credit Card For Snagging a Quick Free Ticket
Money
You can earn a companion ticket in less than three months. Read the full story
Trump still owes lenders including Deutsche Bank as much as $480 million
MarketWatch
President Donald Trump’s latest financial disclosure form reports liabilities to banks and financial services firms of between $356.15 million and $480.35 million, including up to $175 million to Deutsche Bank U.S. and $150 million to Ladder Capital, a listed real estate investment trust. Read the full story
TREASURIES/BONDS/STOCKS
Top 5 Things to Know in the Market on ThursdayInvesting.com
© Reuters. 5 key factors for the markets on Thursday Read the full story
US Treasurys tick lower as investors await jobless claims
CNBC
U.S. government debt prices fell Thursday morning, as investors continued to monitor key economic data. Read the full story
Treasury benchmark yield could reach 4% by year-end: Dennis Gartman
Fox News
He cites a strong economy and signals from the Fed. Read the full story
George Soros' bet on Tesla could see other investors follow suit
Business Insider
FILE PHOTO: Soros Fund Management Chairman Soros speaks during panel discussion at Nicolas Berggruen Conference in Berlin Thomson Reuters By Kate Duguid and Trevor Hunnicutt NEW YORK (Reuters) - If Tesla Inc Chief Executive Elon Musk needs to raise even more money, there may be a way. On Tuesday billionaire investor George Soros disclosed a $35 million stake in Tesla convertible senior notes during the first three months of the year. Convertible notes give investors the right to trade their debt Read the full story
Treasury benchmark yield could reach 4% by year-end: Dennis Gartman
Fox Business
He cites a strong economy and signals from the Fed. Read the full story
CRYPTO'S / DIGITAL CURRENCY
JP Morgan Sees AMD Bounce Because Of Crypto Conference
Investing.com
Investing.com
Economy May 16, 2018 15:56 GMT Investing.com - One Wall Street firm is bullish on AMD because the chipmaker’s stock typically rises on the heels of a major cryptocurrency conference in New York City each spring. In a note to clients, JP Morgan says AMD, whose graphic cards are used by crypto miners, has "staged significant rallies following the blockchain technology summit, Consensus." Now underway, the three-day Consensus conference attracts the top names in cryptocurrencies and blockchain Read the full story
eToro is expanding its cryptocurrency trading operation to the US
TNW
Fresh off its $100 million venture round, social trading platform eToro has announced it will be expanding its cryptocurrency operation to the US later this year. In addition to its foray into the US market, the company revealed it will also be launching its own cryptocurrency exchange desk and a dedicated mobile wallet to store... Read the full story
Bitcoin is steroids for fintech startups that big banks are afraid to touch
Quartz
Making money by trading bitcoin, whose price has fallen by about 40% this year, has been difficult lately. But startups that provide services supporting crypto… Read the full story
Bitcoin will surge again this year. But here's what needs to happen first
CNBC
Here's what needs to happen first: Better structures and a life cycle post initial coin offerings (ICOs) — the fundraising process that helps launch new cryptocurrencies. Read the full story
Square Cash app is growing faster than Venmo, getting a boost from bitcoin, analyst says
CNBC
Square Cash is growing faster than PayPal's Venmo as more people turn to the software to trade cryptocurrency bitcoin, according to Nomura Instinet. Read the full story
CURRENCIES
Forex - Dollar Firm near 5-Month Highs, Euro Below $1.18Investing.com
© Reuters. Dollar firm near 5-month highs, euro below $1.18 Read the full story
Jack Dorsey Hopes Bitcoin Will Become The Web's 'Native Currency'
CoinDesk
Is bitcoin destined to become the default currency of the Internet? Square's Jack Dorsey hopes so. Read the full story
Macri says Argentina's currency crisis is over
ABC News
President Mauricio Macri says Argentina's currency crisis is over, speaking as the country's currency rebounded some and prices for its stocks and bonds rose Read the full story
INSURANCE / HEALTH
11 times famous men spoke up about mental health and made it easier for others to get help
Mashable
Mashable
These male celebrities are helping defeat mental health stigma. Read the full story
Men’s depression may lower chances for pregnancy in couples, NIH study suggests
The Washington Post
There may be a link between mental health and fertility for both women and men. Read the full story
More illnesses reported from romaine lettuce tainted by E. coli
USA TODAY
But the CDC reports that most of the tainted lettuce has hit its expiration date, holding out hope that few new cases will be reported. Read the full story
10 Lesser-Known Symptoms Of Anxiety, According To Doctors
Bustle
When you hear the word "anxiety," you probably think of panic attacks, sudden feelings of fear, shortness of breath, and a fast-beating heart. Anxiety sufferers know these symptoms all too well, and people who think they might be managing chronic anx… Read the full story
10 Little-Known Signs Of Kidney Failure That Everyone Should Know
Bustle
In the age of the Internet, it's easy to feel like you can diagnose yourself based on a set of loosely connected symptoms that certain sites suggest could be problematic. At the risk of further playing into your constant health paranoia, I do think i… Read the full story
Vermont legalizes importing cheaper Canadian drugs, needs federal approval
CNN
Vermont's governor signed a bill that will create a plan for the state to import cheaper Canadian prescription drugs. Read the full story
USA/CANADA
Hawaii on red alert: Is a major volcanic eruption imminent?NBC News
There are new signs that Hawaii's Kilauea volcano could soon blow its top. Dozens of minor quakes have rattled the summit and surrounding communities, and the Big Island is under a state of emergency. NBC’s Miguel Almaguer reports for TODAY from Hawaii. Read the full story
Hawaii's Volcano Kilauea spews out 'ballistic blocks'
BBC News US
But projectile boulders are not the only hazard facing islanders near the erupting Mount Kilauea. Read the full story
How the 50th state is forged in fire
CNN
Arianna Soldati writes that, as Kilauea erupts, Hawaii's residents get to bear witness to a terrifying, yet awesome phenomenon. Read the full story
Trump’s infrastructure plan hits a dead end
The Hill
President Trump’s legislative framework for a sweeping overhaul of the nation’s infrastructure appears all but dead in Congress. Read the full story
Democrats Worry About U.S.-Europe Divide Over Iran Deal
The Weekly Standard
Senate Democrats are keeping a watchful eye on Europe in the aftermath of President Donald Trump’s decision to leave the 2015 Iran nuclear deal, amid questions about how European countries will handle impending U.S. sanctions impacting foreign business in Iran. Trump said last week that the U.S. would be reinstating the “highest level” of sanctions on Iran, which has seen a gradual increase in European business since the nuclear deal. France, Germany, and the U.K. have vowed to preserve the 2015 Read the full story
'It would be a disaster for Texas'
BBC News US
Worried Texan businesses call on Trump not to walk away from the free trade agreement between the US, Mexico and Canada. Read the full story
EMERGING MARKETS
Vanishing Venezuela
The Wall Street Journal
The Wall Street Journal
Mismanagement and corruption have left Venezuela’s economy in tatters and millions without food. This WSJ Films documentary follows one Caracas woman’s struggle to feed her family. Read the full story
Venezuela reactivates Kellogg plant after company pullout
Reuters
Venezuelan authorities said they were reactivating a Kellogg Co plant under worker control on Wednesday, a day after the U.S. multinational food producer pulled out of the crisis-hit country. Read the full story
Trade experts, lawmakers say NAFTA deal within reach
The Hill
The Hill
Congressional lawmakers, government officials and trade experts say that an updated North American Free Trade Agreement can be completed this year even though a slew of challenges remain. Read the full story
Vicente Fox: US auto companies will fail if NAFTA does
Fox Business
There is no way the Big Three can survive enclosed within America's borders, the former Mexican president says. Read the full story
Vicente Fox: Mexico, China could strike trade deal if US leaves NAFTA
Fox Business
Former President Fox says country making overtures with Beijing. Read the full story
Mexico central bank estimates hackers hit about $15 million
Reuters
Mexico's central bank said on Wednesday a cyber attack that has affected a payments system in the country had hit a total of five companies and that an estimated 300 million pesos ($15.33 million) of irregular transactions had been detected so far. Read the full story
MIDDLE EAST
Iran signs provisional pact to enter Russia-led free-trade zoneRT
The five-nation Eurasian Economic Union (EEU) has signed a 3-year provisional agreement with Iran to welcome the Islamic Republic into the bloc’s free-trade zone. Read Full Article at RT.com Read the full story
Total halts $2 billion gas project in Iran
CNN Money
French oil giant Total is preparing to pull out of Iran to avoid risking US sanctions. Read the full story
Total set to pull out of Iran gas deal without sanctions waiver
BBC News US
The French energy giant says it will withdraw from the project if there is no waiver from US sanctions. Read the full story
AFRICA
South Africa: We Won't Be Intimidated By U.S. Threats to Withdraw Aid - Deputy MinisterAllAfrica
South Africa will not be intimidated by the US's recent threats to cut aid to countries that vote against them at the United Nations, said International Relations and Cooperation Deputy Minister Luwellyn Landers. Towards the end of April, the US ambassador to the UN, Nikki Haley, said they would cut their foreign aid to countries who rarely voted with the US, after the US State Department compiled a report of voting practices at the UN. South Africa - which according to USAid received about Read the full story
South Africa: 'We Are Relying On KZN Govt for Protection' - Foreign Shop Owners
AllAfrica
(Photo: Irin) Foreign shop owners in suburbs north of Durban have said they will rely on the KwaZulu-Natal government for protection should local businessmen attack their shops on Thursday. The foreign nationals, mostly Somalis, received letters from the North Region Business Association last week telling them to shut down their businesses in Inanda, Ntuzuma and KwaMashu by Thursday. "We have no security measures in place but we're relying on government for protection," Jamal Mohamed told News24 Read the full story
Tanzania: IMF Names Tanzania As 7th Leading African Economy
AllAfrica
Dar es Salaam Tanzania has been ranked the 7th leading African economy. The World Economic Forum revealed the richest economies in a list published in April 2018 through data provided by the International Monetary Fund (IMF) . The full annual list, analyses the "identifiable wealth" of all the countries in the world through the current prices of Gross Domestic Product, GDP. Business Insider Sub Saharan Africa worked with the data provided to create a ranking that focuses on the 10 economies with Read the full story
Uganda: World Bank Tells Country to Expand Its Tax Base
AllAfrica
(Photo: Rachel Mabala/Daily Monitor) Kampala The World Bank has advised government to expand its tax base in order to sustain economic growth and development. While launching the financial institution's report on the state of Uganda's economy yesterday, Ms Christina Malmberg Calvo, the World Bank country manager, said the country should create more entities and ensure transparency. "An important way to broaden the tax base is to improve public service delivery and Public Investment Management. Read the full story
Africa Struggling to Tackle Illicit Capital Flows
AllAfrica
Lack of cooperation and information exchange between countries is limiting Africa's efforts to prevent illicit financial flows, experts have said. Ministers at the UN Economic Commission for Africa's (Uneca) Conference of Finance say that illicit capital flows from Africa were stifling domestic resource mobilisation efforts "The debate is not about the seriousness of the issue. The magnitude is high, is increasing. The challenge is how we can arrest it. This is an African problem. The only way Read the full story
Zimbabwe: Polish Journalist Helps Arrest Ivory Dealers, Grace Mugabe Mentioned
AllAfrica
TWO suspected ivory poaching ring leaders have been arrested for contravening the Parks and Wildlife Act in a case where former First Lady Grace Mugabe's name was mentioned. Fanken Madzinga, 48, a registered dealer and manufacturer of ivory along with his driver Tafadzwa Pamire appeared Monday before Harare magistrate, Josephine Sande. They are denying the allegations and were remanded out of custody to May 21 for trial. Court heard that Madzinga and Pamire were arrested after the police Read the full story
Zimbabwe: Fuel Prices Skyrocket
AllAfrica
The Zimbabwe Energy Regulatory Authority (Zera) has blamed skyrocketing fuel prices on the surge in crude oil prices in recent weeks. Petrol prices have gone up from $1,33 to between $1,39 and $1,40 a litre while that of diesel has shot up from $1,23 to $1,26 per litre in the past two months. Zera acting CEO Misheck Siyakatshana told Standardbusiness that the surge in the fuel prices locally was a reflection of international trends. "The market witnessed a surge in fuel prices from an average Read the full story
What in the World: Africa's democratic leaders
CNN
Fareed examines why many countries in Africa are bucking a global trend towards 'leaders for life'. Read the full story
Africa’s business schools need to be locally relevant and globally competitive
Quartz
If 99.6% of businesses in a country like Nigeria employ fewer than 10 workers, does it make sense to teach Nigerian business students how to… Read the full story
ASIA
Vietnam's communist government has recognized the past to attract investors, strategist saysCNBC
Frontier market Vietnam has the right strategy to make it a foreign direct investment hotspot, according to one strategist. Read the full story
China tells Trump to stay calm over North Korea threat to cancel nuclear summit
South China Morning Post
Cool heads needed to avoid previous diplomatic failures to bring peace to the Korean peninsula, says China’s Foreign Minister Wang Yi Read the full story
Asia oil thirst tab $1 trillion a year as crude rises to $80Business Insider
FILE PHOTO: Motorists drives past an electronic board at a gas station in Paranaque city Thomson Reuters By Henning Gloystein and Rajendra Jadhav SINGAPORE/MUMBAI (Reuters) - Oil prices are poised to break through $80 per barrel and Asia's demand is at a record, pushing the cost of the region's thirst for crude to $1 trillion this year, about twice what it was during the market lull of 2015/2016. Oil prices have gained 20 percent since January to just shy of $80 per barrel , a level not seen Read the full story
Japan plans retaliatory tariffs against United States: NHK
Reuters
Japan is considering slapping tariffs on U.S. exports worth $409 million in retaliation against steel and aluminum import tariffs imposed by President Donald Trump, public broadcaster NHK said on Thursday. Read the full story
North Korea’s threat casts doubt on Trump-Kim nuclear summit
The Hill
President Trump acknowledged Wednesday his planned summit with North Korean leader Kim Jong Un may not take place after Pyongyang threatened to scrap the historic meeting. Read the full story
Asian shares mostly carve out gains, tracking Wall Street's lead
CNBC
Asian stocks followed Wall Street higher on Thursday, although the ASX 200 bucked the trend to trade in negative territory. Read the full story
EUROPE
EU must defend firms against U.S. Iran sanctions: Macron
Business Insider
Business Insider
Informal dinner ahead of a summit with leaders of the six Western Balkans countries in Sofia Thomson Reuters SOFIA (Reuters) - French President Emmanuel Macron said on Thursday that the European Union must protect EU companies doing business with Iran from U.S. sanctions being reimposed over Tehran's nuclear program. Asked on arrival at a summit of EU leaders in Bulgaria if he was concerned about an announcement by French oil major Total that it may pull out of Iran after Washington pulled out Read the full story
Ireland says there is a serious chance Britain will crash out of the EU without a Brexit deal
Business Insider
Ireland's Taoiseach Leo Varadkar. Irish premier Leo Varadkar says the UK risks crashing out of the EU without a deal. He says the EU is "yet to see anything that remotely approaches" to the Irish border issue. "We need to seriously question if we're going to have a Withdrawal Agreement," he adds. Ireland's prime minister Leo Varadkar cast serious doubt on the future of Brexit talks on Thursday morning, suggesting that the UK risks crashing out of the EU without a deal if government infighting Read the full story
European markets edge higher amid earnings; Ocado shares rally 43%; Oil prices hit $80
CNBC
European markets edged higher Thursday morning, as investors continued to monitor corporate earnings and political risk. Read the full story
Merkel says the EU is now ready to discuss cutting trade tariffs with Trump — but with some caveats
CNBC
Germany's Chancellor Angela Merkel has signaled that the European Union is willing to discuss reducing trade tariffs with the U.S., but only if the measures were reciprocal. Read the full story
What is left to agree in the Brexit Treaty?
BBC News US
From the Irish border to data protection to tax information, some key issues are still outstanding on the road to a deal. Read the full story
EU chief lashes out at Trump amid new push to save Iran deal
ABC News
A top European Union official has branded President Donald Trump selfish and capricious as EU leaders met to count the likely economic damage U.S. policies might inflict on the bloc and to try to rescue the Iran nuclear deal Read the full story
CBI, ISX and Kauaihn Chatter:
CBI Update:
Closed on Friday
The CBI for Friday 5/18/18 did update on the indicative rates Sell Rate 1184
The currency auction is
There is no news and announcements for Friday 5/18/18
ISX Update:
Closed on Friday
Value Traded
Shares Traded
ISX ended in Green Red
5-18-2018 Newshound Guru Kaperoni The CBI stated a year or so ago, once they start it could take 2 years to delete the zeros. What that means is that the dinar will appreciate gradually (float) as stated in the IMF Article IV Consultation. My view is that once the conditions are met, They accept Article VIII, and move to a float, it could take another 2 years to raise the value of the dinar to a value where the zeros are gone. Not saying it will take that long but it is a directly related to investment. This is why the IMF stated the Balassa-Samuelson effect in the 2012 Article IV. The truth is, if investors are lined up to participate in Iraq, it should happen fairly quickly. But it is up to Iraq to create the right environment for the value to rise. At that point all we can do is hope that investors come to Iraq, begin the substantial rebuilding and investment phase creating inflationary pressure on the CBI to raise the value. [post 2 of 2]
5-18-2018 Newshound Guru Kaperoni [What I would like to know...if they will have to wait for the government to be fully seated, of which they have 90 days following the election to do. If so, the wait continues...] Never said when the 3 month IMF compliance was up the CBI would move to Article VIII directly. There are many reasons to not delay, but the CBI must make that decision. If the CBI feels they should wait for formation of the new GOI, yes we could be waiting a bit. I keep telling people there is no RV, RI or any kind of overnight event. The dinar can only appreciate gradually over time. That means a new GOI, stable government is important. Why?...Because a new GOI and stable government will give confidence to investors to bring money/capital into Iraq. This and only this is what will make the dinar appreciate in value. So if your looking for some event, some overnight wealth, the dinar is not for you. [post 1 of 2....stay tuned]
5-18-2018 Newshound Guru Kaperoni [What I would like to know...if they will have to wait for the government to be fully seated, of which they have 90 days following the election to do. If so, the wait continues...] Never said when the 3 month IMF compliance was up the CBI would move to Article VIII directly. There are many reasons to not delay, but the CBI must make that decision. If the CBI feels they should wait for formation of the new GOI, yes we could be waiting a bit. I keep telling people there is no RV, RI or any kind of overnight event. The dinar can only appreciate gradually over time. That means a new GOI, stable government is important. Why?...Because a new GOI and stable government will give confidence to investors to bring money/capital into Iraq. This and only this is what will make the dinar appreciate in value. So if your looking for some event, some overnight wealth, the dinar is not for you. [post 1 of 2....stay tuned]
5-17-2018 Intel Guru Footforward I couldn't give a flying whoop if Winnie the Pooh won the election in Iraq. It has absolutely no bearing on the RV. Trump winning was far more important then who "won" in Iraq...Trump winning the election was far more important then any other political outcome... The election that mattered already happened. IMO, the dinar is by far going to be the winner...the dong might revalue... .05, .10 but compared to where the dinar is going to sit...it's not going to even be close to where the ROI is going to come in...the return is massively going to be on the dinar...remember this is not financial advice... Here's what I keep going back to...why would anyone print a currency and have the most security features of any currency on the face of the planet on a worthless currency...that doesn't make any sense...they knew this was going to be worth something.
5-17-2018 Newshound Guru Walkingstick results are not in, any... stating the victor are premature ... Quite a few, red flag challenges... on the counts that have to be addressed... likely, manual count/s of certain polling stations.. although, highly unlikely.. bringing change the outcome.
5-17-2018 Intel Guru Dr. Clarke THEY (UN, IMF, U.S.) just wanted to make sure the “Wind was Blowing in the RIGHT Direction”, i.e.: Abadi, Sadr - vast Majority (Suitable Environment)...and with no major Terrorist uprisings, even during the Elections - which is a Miracle in itself...this has shown the World investors & partners, including World governments, something important about the true Safety & Security of Iraq, in modern day - which is a huge “Positive”, in support of their upcoming Substantial Currency Revalue, Financial & Economic Reform completions. - GIVING EVERYONE A SOLID CONFIDENCE. MAY 25 - 31st. Those are our Dates...“LATER, rather than Sooner” in MAY...AFTER the Election, not BEFORE... “IN ANY EVENT - MAY 2018”... [post 2 of 2]
5-17-2018 Intel Guru Dr. Clarke We...know, that this does NOT have to happen over a Weekend, even though the Last Weekend in MAY, is a 3-Day weekend, here in the U.S. with Memorial Day. That has NOTHING to do with the timing...IN FACT, we like a WEEK DAY, such as Monday May 28th or Tuesday29th...or maybe Thursday the 31st...just as good as any other time...because as you already know, we’re NOT LOGICAL. IRAQ WILL PICK THE RIGHT DAY, and in fact, it’s probably been in Que already, for a very long time...now that they Know, “Which Way the Wind is Blowing”, regarding the imminent new PM & Company...and just to be Clear - EVERYTHING doesn’t have to be Totally Complete government structure-wise or Law-wise... [post 1 of 2....stay tuned]
5-17-2018 Intel/Newshound Guru tman23 Who is going to be the next Iraq PM...The Shi’ite State of Law Coalition has made it clear that current Iraqi Prime Minister Haider al-Abadi is not a candidate running for the second term in the position. Sa’d Matlabi, a leading member of the State of Law Coalition said on Wednesday that Nouri al-Maliki and Hadi Ameri are also not running for the premier’s office.
5-17-2018 Newshound Guru Breitling …as they lower the note count it adds value to the currency you and I have. That’s part of the process of adding value to the currency…What if they actually add more currency to the Iraqi economy? That’s fine. They can add more currency up to a certain point, up to 4 or 5 billion notes and still have value and not hurt us. Why would they do this? I don’t know…
5-17-2018 Newshound Guru Mnt Goat Article: "LONDON NEWSPAPER: AMIRI AND MALIKI REDUCED THE CEILING OF THEIR AMBITIONS AND OFFER TO ABADI THE NEXT PRESIDENCY" ...so we see in this article that the lists are juggling their support towards someone whom they want as prime minister. This is typical after the election and usually takes about a week to do. So hang in their. Even though we have the “formal” election results we still don’t have the “official and final” results. Remember too once all this horse trading is done, that parliament still had to ratify the new prime minister, then he had to form his government. Will all this delay the RV? Nobody knows just how far they are planning to go in seating this new government prior to puling the trigger on the reinstatement.
5-17-2018 Newshound Guru Adam Montana Well, it's that time of year... Ramadan is in full swing and although there's plenty to be watchful of - my opinion is that we won't be seeing an RV during Ramadan. This Ramadan could prove to be an interesting one... as the votes from the recent elections continue to come in, keep in mind that nothing ever gets done "on time" in Iraq (not even Ramadan, which starts late this year...), and we can probably expect some recounts on the recent elections. Abadi may not retain power, which will provide some interesting opportunities in the RV world - there would be a better way for a fresh face to put their Name in the history books and on every headline in the world than by spearheading a long-overdue revaluation of their currency, right?! In spite of Ramadan and a potentially huge change in the political world of Iraq, there is still plenty of positive activity. I won't belabor the issue, but instead will remain watchful and see how things pan out...Stay positive, friends!
5-17-2018 Intel Guru Dr. Clarke THIS IS WHAT WE BELIEVE is on the Plate, and about to Occur: Sometime between May 25 - May 31st, Iraq (CBI) will substantially increase the Value, of their Dinar Currency…and ALL the Floodgates will blow open. (Yes, Ruby Slippers, we believe the VN Dong will also be triggered within 24 hrs. of the Dinar, with a New Substantial Rate Value, as well) There won’t be any Advance Warning...No Special Intel leaked from the CBI, U.S. Treasury, Bankers, printed Articles, Newscasts, Mosque’s...NOTHING. There won’t be any Auctions shutting down right before, or Dealers cutting off Currency sales right before, or ATM’s blinking saying “Stop in tomorrow & pick up your New Lower currency - Get it while it’s Hot!”...NONE of this will happen in Advance...THE RATE WILL JUST CHANGE. ...YES...and Right in the MIDDLE OF RAMADAN. [post 2 of 2]
5-17-2018 Intel Guru Dr. Clarke They will RV - “Revalue” the Dinar, which means they will assign a BRAND NEW SUBSTANTIALLY INCREASED VALUE to it. Actually right now, they change it almost daily anyway, as it fluctuates up & down already, so the words, “Substantial Increase” is the kicker. RI or Reinstatement really isn’t accurate at all, because they are not going back to Anything - especially an EXACT OLD Rate, when it was Devalued by the U.N., IMF sanctions. The only accuracy that RI or Reinstatement might have, is if you want to apply it to, if it’s Officially Internationally Traded and on the World Markets, like BEFORE, PREVIOUSLY - which OFFICIALLY has NOT yet been declared (talked about, but not Official), even though they are UNOFFICIALLY doing some International type things with it quietly, and without Fanfare - FOR A REASON...which the UN & IMF is well aware of, on Purpose, to accomplish more important things, up to this point. This will be a Brand New Rate, that perhaps has NEVER been seen before - qualifying as an RV or Revalued number...one thing is certain - NOW, THE MONEY CAN FLOW. [post 1 of 2....stay tuned]
5-17-2018 Intel Guru Bluwolf ...There are no delays coming out of no agency of government, nothing from our President nor from his Congress nor Senate. Nothing from the Pentagon or the military. This is a FACT...
5-17-2018 Newshound Guru Walkingstick results are not in, any... stating the victor are premature ... Quite a few, red flag challenges... on the counts that have to be addressed... likely, manual count/s of certain polling stations.. although, highly unlikely.. bringing change the outcome.
5-17-2018 Intel Guru Dr. Clarke THEY (UN, IMF, U.S.) just wanted to make sure the “Wind was Blowing in the RIGHT Direction”, i.e.: Abadi, Sadr - vast Majority (Suitable Environment)...and with no major Terrorist uprisings, even during the Elections - which is a Miracle in itself...this has shown the World investors & partners, including World governments, something important about the true Safety & Security of Iraq, in modern day - which is a huge “Positive”, in support of their upcoming Substantial Currency Revalue, Financial & Economic Reform completions. - GIVING EVERYONE A SOLID CONFIDENCE. MAY 25 - 31st. Those are our Dates...“LATER, rather than Sooner” in MAY...AFTER the Election, not BEFORE... “IN ANY EVENT - MAY 2018”... [post 2 of 2]
5-17-2018 Intel Guru Dr. Clarke We...know, that this does NOT have to happen over a Weekend, even though the Last Weekend in MAY, is a 3-Day weekend, here in the U.S. with Memorial Day. That has NOTHING to do with the timing...IN FACT, we like a WEEK DAY, such as Monday May 28th or Tuesday29th...or maybe Thursday the 31st...just as good as any other time...because as you already know, we’re NOT LOGICAL. IRAQ WILL PICK THE RIGHT DAY, and in fact, it’s probably been in Que already, for a very long time...now that they Know, “Which Way the Wind is Blowing”, regarding the imminent new PM & Company...and just to be Clear - EVERYTHING doesn’t have to be Totally Complete government structure-wise or Law-wise... [post 1 of 2....stay tuned]
5-17-2018 Intel/Newshound Guru tman23 Who is going to be the next Iraq PM...The Shi’ite State of Law Coalition has made it clear that current Iraqi Prime Minister Haider al-Abadi is not a candidate running for the second term in the position. Sa’d Matlabi, a leading member of the State of Law Coalition said on Wednesday that Nouri al-Maliki and Hadi Ameri are also not running for the premier’s office.
5-17-2018 Newshound Guru Breitling …as they lower the note count it adds value to the currency you and I have. That’s part of the process of adding value to the currency…What if they actually add more currency to the Iraqi economy? That’s fine. They can add more currency up to a certain point, up to 4 or 5 billion notes and still have value and not hurt us. Why would they do this? I don’t know…
5-17-2018 Newshound Guru Mnt Goat Article: "LONDON NEWSPAPER: AMIRI AND MALIKI REDUCED THE CEILING OF THEIR AMBITIONS AND OFFER TO ABADI THE NEXT PRESIDENCY" ...so we see in this article that the lists are juggling their support towards someone whom they want as prime minister. This is typical after the election and usually takes about a week to do. So hang in their. Even though we have the “formal” election results we still don’t have the “official and final” results. Remember too once all this horse trading is done, that parliament still had to ratify the new prime minister, then he had to form his government. Will all this delay the RV? Nobody knows just how far they are planning to go in seating this new government prior to puling the trigger on the reinstatement.
5-17-2018 Newshound Guru Adam Montana Well, it's that time of year... Ramadan is in full swing and although there's plenty to be watchful of - my opinion is that we won't be seeing an RV during Ramadan. This Ramadan could prove to be an interesting one... as the votes from the recent elections continue to come in, keep in mind that nothing ever gets done "on time" in Iraq (not even Ramadan, which starts late this year...), and we can probably expect some recounts on the recent elections. Abadi may not retain power, which will provide some interesting opportunities in the RV world - there would be a better way for a fresh face to put their Name in the history books and on every headline in the world than by spearheading a long-overdue revaluation of their currency, right?! In spite of Ramadan and a potentially huge change in the political world of Iraq, there is still plenty of positive activity. I won't belabor the issue, but instead will remain watchful and see how things pan out...Stay positive, friends!
5-17-2018 Intel Guru Dr. Clarke THIS IS WHAT WE BELIEVE is on the Plate, and about to Occur: Sometime between May 25 - May 31st, Iraq (CBI) will substantially increase the Value, of their Dinar Currency…and ALL the Floodgates will blow open. (Yes, Ruby Slippers, we believe the VN Dong will also be triggered within 24 hrs. of the Dinar, with a New Substantial Rate Value, as well) There won’t be any Advance Warning...No Special Intel leaked from the CBI, U.S. Treasury, Bankers, printed Articles, Newscasts, Mosque’s...NOTHING. There won’t be any Auctions shutting down right before, or Dealers cutting off Currency sales right before, or ATM’s blinking saying “Stop in tomorrow & pick up your New Lower currency - Get it while it’s Hot!”...NONE of this will happen in Advance...THE RATE WILL JUST CHANGE. ...YES...and Right in the MIDDLE OF RAMADAN. [post 2 of 2]
5-17-2018 Intel Guru Dr. Clarke They will RV - “Revalue” the Dinar, which means they will assign a BRAND NEW SUBSTANTIALLY INCREASED VALUE to it. Actually right now, they change it almost daily anyway, as it fluctuates up & down already, so the words, “Substantial Increase” is the kicker. RI or Reinstatement really isn’t accurate at all, because they are not going back to Anything - especially an EXACT OLD Rate, when it was Devalued by the U.N., IMF sanctions. The only accuracy that RI or Reinstatement might have, is if you want to apply it to, if it’s Officially Internationally Traded and on the World Markets, like BEFORE, PREVIOUSLY - which OFFICIALLY has NOT yet been declared (talked about, but not Official), even though they are UNOFFICIALLY doing some International type things with it quietly, and without Fanfare - FOR A REASON...which the UN & IMF is well aware of, on Purpose, to accomplish more important things, up to this point. This will be a Brand New Rate, that perhaps has NEVER been seen before - qualifying as an RV or Revalued number...one thing is certain - NOW, THE MONEY CAN FLOW. [post 1 of 2....stay tuned]
5-17-2018 Intel Guru Bluwolf ...There are no delays coming out of no agency of government, nothing from our President nor from his Congress nor Senate. Nothing from the Pentagon or the military. This is a FACT...
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
***************
ARTICLE 1-A (from PM Abadi's website; posted only on Arabic side, not on English side)
Clarification
In the light of the sent by the Independent High Electoral Commission in an official letter regarding threats to the two members of the Commission in addition to the office of Kirkuk we would like to show the following ..
That the Commission did not mention in its book the type of threat to the members of the Board of Commissioners and who is the threat, and that the security services did not receive any notice of a threat before being announced in the media.
He pointed out that the Prime Minister, General Commander of the Armed Forces, Dr. Haider Al-Abbadi, immediately investigated the threats. In the light of this, the two defendants (Na'ama Al-Moussawi and Saeed Hameen Amin Al-Qaqai) were contacted to confirm that they were threatened. To the threat, where we told Mr. Muhammed Nima al-Moussawi by calling him on 17/5/2018 that there is no threat, but there is a media campaign in one of the satellite channels, and stressed that the local security forces provide him with adequate protection.
As for Mr. Saeed Hamid Alkakai was also contacted on 17/5/2018 and he also stressed the absence of any threat to him or his family.
We note that the electoral centers and offices of the Commission in the province of Kirkuk adequately secured by the counter-terrorism, where the Prime Minister and the Commander-in-Chief of the armed forces a few days ago to send additional troops and the security situation in Kirkuk under control.
We ask the Electoral Commission to be careful and careful in the transfer of information and not to cause confusion in the security situation, especially in this sensitive period.
Prime Minister 's Media Office
17 May 2018
***************
ARTICLE 1-B (from PM Abadi's website; posted only on Arabic side, not on English side)
Prime Minister Dr. Haider Abadi receives a telephone call from the Prime Minister of the Republic of Turkey, Mr. Ben Ali Yildirm
Prime Minister Dr. Haider Al-Abbadi received a telephone call from Turkish Prime Minister Ben Ali Yildirim on Thursday.
During the meeting, they discussed enhancing cooperation between the two countries and the situation in the region and congratulating the Iraqi parliamentary elections.
The Turkish Prime Minister exchanged greetings with Prime Minister Dr. Haidar Abadi on the occasion of the holy month of Ramadan and congratulated Mr. Yildirum on the occasion of the Iraqi national elections which will be a good sign for the Iraqi people.
Al-Abbadi stressed that the elections held on the 12th of this month witnessed the success of our security forces in preventing any security breach in the elections despite the terrorist threats.
For his part, Yildirum pointed out that Turkey is interested in the stability of Iraq and the prosperity of its people and is ready to provide all kinds of support to this country, pointing out that the period in which the Prime Minister Dr. Haidar al-Abbadi has enjoyed great improvement in relations between the two countries. Prime Minister for these good relations.
Dr. Al-Abbadi thanked the Prime Minister of Turkey for these good feelings and the good deeds of the Turkish people and all the Muslim peoples and wished success to the Turkish elections.
In another context, the Prime Minister of Turkey referred to the decision taken by the United States on the opening of its embassy in Jerusalem and the resulting protests and demonstrations by the Palestinian people, which led to massacres of more than sixty people.
Prime Minister Dr. Haider al-Abadi condemned the decision, which did not give effect to the international resolutions and norms, which is a one-sided stance and will not change the reality of Jerusalem. He condemned the massacres carried out by the Israeli occupation forces against unarmed Palestinians.
He also welcomed any unified Islamic position in this regard, especially with regard to the condemnation of what is being done against the Palestinians.
Prime Minister 's Media Office
17 May 2018
*************
ARTICLE 2
Tweets posted on Government of Iraq twitter account:
On orders of
Commander-in-Chief @HaiderAlAbadi, Iraq’s armed forces will continue to target Daesh
remnants and their logistical hubs on the Iraq-Syria
border.
PM @HaiderAlAbadi: We are concerned by the presence of Daesh terrorists on
the Syrian side of the border and will act to eliminate this
threat.
*************
ARTICLE 3
Parliament holds emergency session on Saturday
2018/5/17 21:00 • 11 times
[Ayna-Baghdad]
Speaker of the House of Representatives Salim al-Jubouri decided to hold an emergency session on Saturday on the elections at the request of 81 deputies.
And gathered deputies from different political blocs, today 81 signatures to demand an emergency session of parliament in the coming days to discuss appeals and fraud in the election results.
"The participation rate in the elections is less than 16 percent," the deputies said at a press conference held in the parliament's media department on the elections.
The Electoral Commission faces many accusations of lists and entities in the form of violations and falsification of the results of parliamentary elections held on 12 May.
The UNHCR said on Thursday it was under tremendous pressure to change the results and that some of its employees had been threatened with death and its employees in the Kirkuk provincial election office were being held hostage by gunmen.
"There is no justification for the return of the process of counting and sorting the hand will enter the electoral process to a new problem and disrupt the process of announcing the election results."
*************
ARTICLE 4
Historic meeting between Hakim and Sadr
2018/5/17 20:07
[Ayna-Baghdad]
Meets later this day, the head of the National Alliance Ammar al-Hakim and the leader of the Sadrist movement Moqtada al-Sadr in Najaf.
It is hoped that the meeting will determine the map of the future and the image of the new composition of the next government.
*************
ARTICLE 5
Iraq obtained two regional seats in the Board of Directors of the Arab Union for Land Transport
BAGHDAD, May 17 (KUNA) - Iraqi Minister of Transport Kazem Vajan Al-Yamami announced on Monday that Iraq will hold two regional seats in the Arab Union for Land Transport Council, which is based on the Council of Economic Unity of the League of Arab States for its current session 2018-2022.
He added that "the General Manager of the General Company for Travelers and Delegations, Mr. Eng. Abdullah Laibi, has been granted the permanent membership of the current session of the Council 2018-2022 with a second seat by election, and thus the Ministry of Transport has received for the third time in a row as a member of the Board of Directors, "This achievement comes in line with the openness of Iraq to its Arab brothers and visits of sovereignty to Cairo, Amman, Riyadh and Doha, which reflect the depth of brotherly relations between the Arab countries." Ending AH
*************
ARTICLE 6
The best drinks to satisfy thirst during the month of Ramadan
BAGHDAD, May 17 (Reuters) - On the first day of Ramadan, fasting people abstain from food and drink for long hours in a hot atmosphere in Iraq, making their eyes listen to liquids, especially juices during and after breakfast. But fasting must take care of health until it comes out healthier after the end. The holy month, there are harmful drinks and other useful for fasting.
There is no doubt that the body loses a lot of fluids during fasting, and it is known that our bodies are made up of 60% to 70% of water and any lack of water amount can affect the work of cells of the body and nerves correctly.
Therefore, the fasting person needs to eat many healthy drinks after or during breakfast to avoid dehydration. Drought may cause undesirable side effects such as constipation, headaches, dizziness, tiredness and dry skin.
One of the most important drinks to avoid during Ramadan is tea and coffee. Caffeine causes the loss of water from the body, which increases thirst. Hunger sooner than you expect.
The fasting person should not over-overeate in drinking water, because it is a market that reduces stomach acid, leading to swelling and indigestion.
It is also recommended to avoid soft drinks containing soda after breakfast, because it causes gastric disorders, indigestion and feeling fullness.
Soft drinks also increase urinary retention, causing the body to lose large amounts of fluids and cause increased thirst during fasting.
The specialists also warn against the demand for canned and powdered juices, which contain harmful artificial colors and artificial colors, which pose a serious health hazard and cause many health problems and contain large quantities of preservatives containing chemical compounds And a high proportion of sodium, which works to raise blood pressure, which makes it better to avoid, especially patients with high blood pressure.
Ramadan drinks are useful for fasting. They are yogurt and tamarind, which prevents dryness of the body, vitamins and minerals, prevents accumulation of gases and bloating, and reduces laziness and laziness after breakfast.
There is also watermelon juice, which helps to reduce body temperature, and treats diarrhea and it calm the body of anxiety and tension and nervousness.
The juice of Qamaruddin, which supplies the body with energy and increase activity during fasting, is also recommended banana juice, mango, natural orange and raspberry juice or cherry, as well as apple juice and grape juice.
*************
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