know anyone that speaks Arabic?
WOTS Monday 5/14/18:
this might be the trnsltion, supposedly it is
Abadi announced his willingness to participate in forming the strongest possible government
is he conceding
15/5/2018 12:00 am
15/5/2018 12:00 am
Called for respect for the election results
"The Iraqis have shown the best in their defense of their country and their sanctities and over the past four years have overcome the most serious challenges and overcome the impossible, while continuing their distinguished democratic experience," Abadi said in a televised address on Monday.
Abadi added, "Since the first day of our government in 2014, we have prioritized the liberation of Iraq and the expansion of the Iraqi territory. We have worked to achieve security and stability, end sectarianism among Iraqis, remove barriers and differences between the people of the same people and unite their efforts to confront the threat of terrorism. It was close to a minimum, and we tried with all effort and dedication to be a strong state and respected position in the regional and international environment, and that the government free from corruption and abhorrent quotas, the priorities that we have given the most important and the largest of them and we resolutely sought to Coordination announced plans for the rest of our goals and timelines calculated and honest and sincere intentions for Iraq and its people. "
Baghdad / Al-Sabah
The Prime Minister expressed his readiness to work and cooperate to form the strongest possible government for Iraq. He pointed out that during the past four years the Iraqis have exceeded the most serious challenges and overcome the impossible. He called on parties and political blocs to respect the results of the elections. "The Iraqis have shown the best in their defense of their country and their sanctities and over the past four years have overcome the most serious challenges and overcome the impossible, while continuing their distinguished democratic experience," Abadi said in a televised address on Monday.
Abadi added, "Since the first day of our government in 2014, we have prioritized the liberation of Iraq and the expansion of the Iraqi territory. We have worked to achieve security and stability, end sectarianism among Iraqis, remove barriers and differences between the people of the same people and unite their efforts to confront the threat of terrorism. It was close to a minimum, and we tried with all effort and dedication to be a strong state and respected position in the regional and international environment, and that the government free from corruption and abhorrent quotas, the priorities that we have given the most important and the largest of them and we resolutely sought to Coordination announced plans for the rest of our goals and timelines calculated and honest and sincere intentions for Iraq and its people. "
The prime minister added: "After the government completed the constitutional elections on time and we were able to conduct the electoral process and complete it safely and enable our people to cast their votes, I call on citizens and political blocs to respect the results of the elections and abide by the proper legal methods relating to violations or imbalances or appeals, The country and its security and stability, which is more important than all other gains, "noting that" under the Constitution of the Republic of Iraq will bear the full responsibility on us to lead the country and protect and defend the unity and interests and sovereignty of N the formation of the new government, which will take it upon themselves to carry out these tasks of national gross and maintain the achievements of the mission achieved and strengthened. "
Abadi congratulated "all our people and all the winning blocs, especially those in the electoral process, and we express our full readiness to work and cooperate to build and form the strongest government possible for Iraq, free of corruption and abhorrent quotas and not subject to foreign agendas, And the country is not drawn to side conflicts. "
Al-Abadi praised "our armed forces and our heroic security apparatuses, which once again succeeded in carrying out their national mission." He added, "I salute the souls of the martyrs and salute the wounded wounded who made Iraq his great victory." His victory and the sacrifices of his sons and his security and stability.
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,167.0000 | 1,167.0000 | 1,167.0000 | | 20:00 |
| USD/VND | | | 22,413.0000 | 22,413.0000 | 22,413.0000 | | 20:00 |
| USD/CNY | | | 6.3402 | 6.3241 | 6.3241 | | 06:37 |
| USD/KWD | | | 0.3011 | 0.3004 | 0.3010 | | 06:37 |
| GBP/USD | | | 1.3595 | 1.3542 | 1.3549 | | 06:37 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,065.0000 | 13,923.3000 | 13,943.0000 | | 06:36 |
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DC NY Iraq Articles:dddd
The Central Bank sells to four banks treasury transfers of 100 billion dinars
Baghdad / Student News Agency
The Central Bank of Iraq announced on Monday that it has sold treasury bills worth 100 billion dinars to four banks.
A statement issued by the Central Bank and received by "the student news agency," a copy of it, "The Ministry of Finance conducted an auction publicly to sell treasury remittances for 364 days and 100 billion dinars."
The statement added that "cut the highest price for competitive auctions 3.50%," noting that "four banks bought remittances from six banks participating."
24 billion dinars for the implementation of service projects in Baghdad
Editorial Date: 2018/5/14 11:00 • 114 times scheduled
(Baghdad: Al-Furat News) Cabinet decided to transfer 16 billion dinars, for the purpose of processing the required materials to the needs of the capital Baghdad.
A statement by the General Secretariat of the Council of Ministers received the agency {Euphrates News} a copy of it, "The Council approved by the decision on the Ministry of Finance to secure the amount mentioned from the budget reserve for the year 2018, and transfer to the operational budget of ministries of education, health, electricity, reconstruction, housing and municipalities And public works}, in addition to the province and the Secretariat of Baghdad for the purpose of processing materials required to the needs of the areas of the capital Baghdad, and the departments {budget and accounting}, taking appropriate actions to secure funding and transfer and drainage.
The Council also directed the Ministry of Finance to allocate eight billion dinars at the expense of the operational budget of the Secretariat of Baghdad / 2019 for the implementation of the project Fadhiliyah streams.
The Council of Ministers directed the Ministry of Industry and Minerals to take appropriate measures to process the materials that were separated by the operations room in the General Secretariat of the Council of Ministers, at subsidized prices so that the most services can be implemented to provide the best services to the citizens.
The Council also directed the Ministry of Finance to allocate eight billion dinars at the expense of the operational budget of the Secretariat of Baghdad / 2019 for the implementation of the project Fadhiliyah streams.
The Council of Ministers directed the Ministry of Industry and Minerals to take appropriate measures to process the materials that were separated by the operations room in the General Secretariat of the Council of Ministers, at subsidized prices so that the most services can be implemented to provide the best services to the citizens.
Announcement of employee loan controls to work in the private sector
Date of release: 2018/5/14 10:49 • 240 times read
(Baghdad: Al-Furat News) Cabinet approved the controls to lend the employee to work in the private sector, based on the provisions of Article 16 of the Federal Budget Law for the fiscal year 2018.
Article 16 of the budget according to a statement of the Secretariat General of the Council of Ministers received the agency {Euphrates News} a copy of it, "that the competent minister or the head of the non-associated with the Ministry or the Governor loan the employee to work in the private sector in accordance with the controls issued by the Council of Ministers and applies to the employee loaned services provisions General Loan ".
"The council's decision comes in support of the private sector and the development of the economic and investment sector in the country," he said
"The council's decision comes in support of the private sector and the development of the economic and investment sector in the country," he said
The arrest of a defendant embezzling one billion dinars from Rafidain Bank
Date of release: 2018/5/14 10:24 • 192 times read
(Baghdad: Al Furat News) Revealed the Office of Investigation Commission Integrity in the province of Najaf, the implementation of the arrest warrant against the accused embezzlement billion and six hundred thousand dinars from Rafidain Bank, indicating that the number of lawsuits against her amounted to 13 criminal appeal.
The office said in a statement received by the agency {Euphrates News} a copy of it, that "the arrest warrant issued against the defendant in accordance with the provisions of articles [315 and 316/47 - 48 - 49] sanctions implemented in cooperation with the security authorities, especially the Directorate of Intelligence and the fight against terrorism in the province" .
He pointed out that "the accused, who was working as an employee in the Rafidain Bank - the branch of Muslim bin Aqeel, attributed to them related to embezzlement and manipulation of bank accounts of citizens in government banks."
He pointed out that "the accused, who was working as an employee in the Rafidain Bank - the branch of Muslim bin Aqeel, attributed to them related to embezzlement and manipulation of bank accounts of citizens in government banks."
Border crossings: Iraq loses billions a month due to port corruption
Release date: 2018/5/14 9:53 • 151 times read
(Baghdad: Al-Furat News) The head of the border crossings, Kazim al-Aqabi, that Iraq is losing billions a month because of the corruption of ports, especially the port of Umm Qasr.
Al-Aqabi said in a statement received by the agency {Euphrates News} a copy of it "since the receipt of the port authority functions in the middle of last year doubled revenues of ports compared to the years before the formation of the body."
He also stressed "the existence of solutions to eliminate cases of corruption through the formation of the Border Crossing Authority, which is its supervisory and supervisory role and control of the twelve departments operating at the border crossings all for the purpose of unifying the administration."
Al-Aqabi added that "the ports have a research and investigation department whose task is to review the procedures of the departments operating in the ports and in the event of any defect in the missions, they will be referred to the judiciary."
He pointed out that "there is an intention to demonstrate at the port of Umm Qasr by some traders and importers in addition to the customs loyalists and the purpose of this demonstration is to abolish the presence of the Authority of border ports in the ports and the other matter on the prevention of damaged cars where he stressed the role of the border crossing points a governmental institution and control can not be canceled according to Laws in force ".
As for the damaged wheels, the corporal showed his "consent to enter in order to provide job opportunities for citizens and the unemployed" d
He also stressed "the existence of solutions to eliminate cases of corruption through the formation of the Border Crossing Authority, which is its supervisory and supervisory role and control of the twelve departments operating at the border crossings all for the purpose of unifying the administration."
Al-Aqabi added that "the ports have a research and investigation department whose task is to review the procedures of the departments operating in the ports and in the event of any defect in the missions, they will be referred to the judiciary."
He pointed out that "there is an intention to demonstrate at the port of Umm Qasr by some traders and importers in addition to the customs loyalists and the purpose of this demonstration is to abolish the presence of the Authority of border ports in the ports and the other matter on the prevention of damaged cars where he stressed the role of the border crossing points a governmental institution and control can not be canceled according to Laws in force ".
As for the damaged wheels, the corporal showed his "consent to enter in order to provide job opportunities for citizens and the unemployed" d
Iran's Gas Export to Baghdad Will Reach 14 mcm/d Next Month
Monday, May 14, 2018
Iran is set to double natural gas exports to the Iraqi capital Baghdad in June, as part of a plan formulated between the two sides last year, a senior energy official said.
"As per the agreement, gas exports to the neighboring country's capital initially averaged 6 million cubic meters per day … The amount currently stands at 8.5-9 mcm/d and will reach 14 mcm/d next month," Behzad Babazadeh, the National Iranian Gas Company's director for international affairs, was also quoted as saying by IRNA on Saturday.
"Gas exports to Baghdad are progressing well and expected to reach the final volume of 30-35 mcm/d," he added.
Baghdad started taking in Iranian gas on 21 June 2017under an agreement signed by the Iraqi Ministry of Electricity. The agreement was signed in 2013 and originally scheduled for a mid-2014 launch, but faced repeated delays over the volatile security situation in Iraq.
Iran-Iraq gas export contract is currently a six-year deal, but it can be extended.d
Kauaihn Iraq Articles:ddd
Iranian Embassy: Iraqi elections will strengthen the friendship of the two countries
Editorial Date: 2018/5/14 9:46 • 152 times read
{Baghdad: Al Furat News} The Iranian Embassy in Baghdad has successfully congratulated the parliamentary elections in Iraq.
The embassy said in a statement that it welcomed the holding of parliamentary elections in Iraq "in a calm and secure atmosphere, and considers it a continuation of the great victories against terrorism and evidence of the growth of the Iraqi people and prosperity in determining its fate."
"This process is expected to strengthen and expand stability and friendship within the country as well as at the regional level," she said.
The Electoral Commission has announced on Monday night the results of the preliminary elections for the House of Representatives, which took place last Saturday for ten provinces and to complete the rest of the provinces today.
The results showed the final progress lists of others and Fatah and victory and wisdom and the rule of law and the Iraqi and national decision
"This process is expected to strengthen and expand stability and friendship within the country as well as at the regional level," she said.
The Electoral Commission has announced on Monday night the results of the preliminary elections for the House of Representatives, which took place last Saturday for ten provinces and to complete the rest of the provinces today.
The results showed the final progress lists of others and Fatah and victory and wisdom and the rule of law and the Iraqi and national decision
Europe warns of devastating terrorist attacks on Iraq
Date of release: 2018/5/14 12:17 • 160 times read
The head of Britain's internal intelligence service, Andrew Parker, warns today that a preacher is seeking to carry out more devastating and complex attacks in Europe after losing territory he controlled in Iraq and Syria.
In a speech in Berlin, Parker told European security chiefs that a close security partnership should be maintained after Britain leaves the European Union to thwart any attacks by sympathetic elements.
Barker warns Russia that it is isolating itself after the poisoning of the former Russian double spy in southern England.
Parker is the first British intelligence official to deliver a public address outside British territoryd
Barker warns Russia that it is isolating itself after the poisoning of the former Russian double spy in southern England.
Parker is the first British intelligence official to deliver a public address outside British territoryd
Travel Currency Rules Updated
May 14, 2018
The Central Bank of Iran has updated rules concerning the forex ceiling for travelers when entering or exiting the country.
According to a directive published on CBI’s website, travelers who leave the country by air can carry €5,000 or its equivalent in other currencies.
The statement adds that passengers leaving the country through land, rail or sea routes are only allowed to take out up to £2,000 each. However, travelers would have to declare them at the customs gateway.
CBI adds that bringing in hard currency worth up to £5,000 or its equivalent in other currencies need not be declared to customs officials, but any amount exceeding this can be deposited with the banking system on which interest will be paid.
According to CBI’s statement, all the rules regarding the hard currency cap will also be applicable to bank instruments and securities.
Rial’s Devaluation Makes Room for Stocks Growth
Monday, May 14, 2018
The analysis of fluctuations in Tehran Stock Exchange and Iran Fara Bourse over the past decade shows that markets respond positively to greenback’s strengthening against the national currency, albeit with a certain lag
The market capitalization of companies listed on Tehran's two stock exchanges has dropped by about 33% in US dollar terms in the past 14 months due to the rial's sharp devaluation against the US dollar.
Yet the analysis of fluctuations in Tehran Stock Exchange and Iran Fara Bourse over the past decade shows that markets respond positively to greenback's strengthening against the national currency, albeit with a certain lag.
TSE and IFB's aggregate market cap stood at 3.85 quadrillion rials in the first month of the fiscal 2017-18 (started March 21). Considering the open market USD/IRR rate of 3,749 at the time, the cap stood at $102.6 billion.
Fast forward to today and the total cap is about 4.33 quadrillion rials, bringing the figure in USD terms to $68.7 billion.
Iran's Central Bank to Supply Tour Firms With Foreign Exchange
Monday May 14, 2018
The CBI has said that tour operators will have no trouble obtaining the foreign exchange needed for their transaction
Following complaints about the exclusion of travel services from the list of priorities for foreign exchange allocation, the Central Bank of Iran has pledged in a verbal announcement that tour operators will be provided with foreign currency through drafts.
According to Hormatollah Rafiei, head of the Travel Agents Guild Association, CBI forex deputy Ahmad Araqchi has said travel agents that conduct foreign exchange transactions will have no problem in obtaining their required currency and a credit line has even been set up for the purpose.
"However, like other sectors in the list of priorities, these businesses need to have a letter of approval from their authority, i.e. Iran's Cultural Heritage, Handicrafts and Tourism Organization," Rafiei quoted Araqchi as saying in a talk to ISNA.
The official added that no official directive regarding the case has been issued yet, but the CBI has reportedly admitted that there are forex challenges in the tourism sector and has come to agreement with the ICHHTO to address the problem.
After the introduction of the new forex strategy, 11 sets of regulations were issued by the CBI to outline the details of the policy. One of the guidelines determined 33 groups as eligible to receive foreign currency, including outbound tourists and select companies operating hajj and pilgrimage tours.
However, conducting tours to other international destinations was surprisingly left out, raising widespread criticism by tour operators who found themselves on the brink of bankruptcy.
IMF Launching Public, Private Borrowing Database
May 14, 2018
W ith global debt currently at a record high, the International Monetary Fund is launching a database of public and private borrowing across 190 countries–virtually the entire world–dating back to the 1950s.
In April the fund said the global economy was more indebted than before the financial crisis and immediate action needed to be taken before the next downturn. It said worldwide debt now stood at $164 trillion, equal to 225% of global GDP and up from a previous record of 213% in 2009, Reuters reported.
Central banks, which have supported the global economy and encouraged the increase in debt by their cheap borrowing policies, have begun to raise rates, which is likely to start putting pressure on debt-laden consumers and businesses.
Announcing the new breakdown of global debt, which will be unveiled in Washington on Monday, the IMF noted that debt continues to hit new peaks almost a decade after the collapse of Lehman Brothers. With rate increases under way “it is now more important than ever to get a good understanding of who is leveraged and what it means for policymakers,” the fund said.
The IMF said last month that China was responsible for much of the increase in global debt over the past decade–around 40%–with a surge in lending by its commercial banks. However, it warned that developed, emerging market and low-income countries all looked vulnerable. It added that countries that cut budget deficits now would be best placed if financial conditions worsened.
“Decisive action is needed now to strengthen fiscal buffers, taking full advantage of the cyclical upswing in economic activity,” the fund said
d
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
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OIL/COMMODITIES/ENERGY
Is the gold rush over? A look into cryptocurrency mining
Coin Insider.
After Nixing The Iran Nuclear Deal, What Comes Next?
Investor's Business Daily
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GLOBAL/NEWS/INFO
HAPPY MOTHER'S DAY!!
Moms Can Get Free Food for Mother's Day 2018. Here Are the Best Freebies and Deals
Money
Including free ice cream Read the full story
These are the 10 worst states to flip a house
CNBC
The profits you make on flipping a house may depend on what state you're in, according to data from GOBankingRates and Zillow. Read the full story
5 millionaires and billionaires share the smartest ways to invest your money
Here's what Mark Cuban, Barbara Corcoran and other self-made millionaires and billionaires say you should do to build wealth.
Morning news briefing from CNN
CNN
Morning news briefing from CNN on Sunday, May 13. Read the full story
Oil prices: How high before Wall Street freaks out?CNN Money
Wall Street has been cheering the rapid rise in crude oil prices. But at a certain point, higher oil and gasoline prices will become a negative — for the stock market and economy alike. Read the full story
Crude Oil Prices - Weekly Outlook: May 14 - 18
Investing.com
© Reuters. Oil prices post weekly gain after U.S. exits Iran nuclear deal Read the full story
Gold / Silver / Copper Prices - Weekly Outlook: May 14 - 18
Investing.com
© Reuters. Gold prices end lower on Friday, still manage weekly gain Read the full story
BANKS/BANKING/CREDIT
Build Your Credit Score By Having This App Report Your On-Time Rent Paymentslifehacker
Building your credit up from scratch or trying to recover from a few screwups that made your score drop takes time. Making on-time payments on your loans and credit cards are a good way to do that, but your credit score doesn’t take into account one big bill you probably pay every month: your rent. Read the full story
Why I'm not rushing to pay off my $100,000 mortgage
Business Insider
Owning a property comes with its financial drawbacks. Certain people prefer to invest surplus money, rather than use it to pay off a mortgage. In the event of 'known unknowns,' the money earned through investments can be used to make mortgage payments and offer financial support. Determine how important becoming a home-owner is to you, and distribute your finances accordingly. At 26 I bought a little condo. I was going to live there for five years - or something like that. That's what most Read the full story
Blockchain will help ‘drive the next industrial revolution,’ a Wall Street bull predicts
Federated Investors’ Steve Chiavarone believes blockchain will ultimately play a major role in economic growth.
Read more: https://www.cnbc.com/2018/05/
A German bank is using Bitcoin to handle international loans
Digital Trends
A German bank is now using Bitcoin to help speed up international loans while keeping costs low. Bitbond was founded in 2013 and became an officially licensed bank in 2016, It currently manages $1 million each month. Read the full story
TREASURIES/BONDS/STOCKS
Economic Calendar - Top 5 Things To Watch This WeekInvesting.com
© Reuters. Top 5 things to watch this week in financial markets Read the full story
A top investor warns the Fed will deliver a ‘punch in the face’ that markets aren’t prepared for
CNBC
Markets know the Federal Reserve will deliver more rate hikes this year. They're not prepared for how much it will hurt, argues Peter Boockvar, chief investment officer of Bleakley Advisory Group. Read the full story
CRYPTO'S / DIGITAL CURRENCY
Tech giant Huawei excited to offer digital Bitcoin wallets to Chinese users
Coin Insider.
Coin Insider.
Huawei mobile phones users in China will have the first-time-ever opportunity to download Bitcoin wallets onto their devices starting today. The Chinese-based mega corporation Huawei Technologies Co. is releasing the device-friendly Bitcoin wallet partnered, developed by BTC.com, in its AppGallery app store. According to Alejandro de la Torre, the vice president of business operations at BTC.com, the application will come already installed on new Huawei smartphones. The new application is the Read the full story
Most Big Cryptos Dropped this Week – These Two Bucked the Trend
CoinDesk
The crypto markets are set to end the second week of May on a low note, with all but a few, such as bytecoin and zilliqa, showing significant losses. Read the full story
Is the gold rush over? A look into cryptocurrency mining
Coin Insider.
Interest in cryptocurrency mining seems to rise and fall with the market. Between March and April last year, when Ethereum’s token saw its sudden rise from around $10 to over $300, it triggered a gold rush. Ether miners were making unbelievable returns, paying off their hardware in a few months or less and pocketing huge profits. What made Ether mining even more attractive to the tech-savvy was that it didn’t require specialised hardware. Trying to mine Bitcoin without an application-specific Read the full story
eToro's Mati Greenspan: If Bitcoin and Ether are classed as securities under the law it could trigger more volatility in the crypto markets
Business Insider
Vitalik Buterin is the programmer and writer primarily known as a co-founder of Ethereum and as a co-founder of Bitcoin Magazine. Are Bitcoin, Ethereum, Ripple and other cryptocurrencies considered securities? This hot-button question keeps coming at me on social media and from clients in the Email so I'd like to present my opinion here in this open forum. There are a few concurrent stories right now that hinge on this. There is a rising speculation that the SEC could start calling some cryptos Read the full story
CURRENCIES
INSURANCE / HEALTH
DNA of every baby born in California is stored. Who has access to it?
CBS News
CBS News
For babies born in California after 1983, DNA is likely being stored by the government, may be available to law enforcement and may even be in the hands of outside researchers Read the full story
Salmonella Outbreak Sickens More People Following Multi-State Egg Recall
HuffPost
A salmonella outbreak that led to the multi-state recall in April of more than ... Read the full story
Trump's plan to bring down drug prices takes small steps
CBS News
Measures the administration will pursue could take months or years to implement, and none would stop drugmakers from setting sky-high initial prices Read the full story
How to prepare your home — and your finances — for a hurricane
USA TODAY
Scientists predict a "slightly above average" season with 14 named storms, seven of which could become hurricanes. Here's how you can prepare yourself. Read the full story
Five ways to spot if someone has Alzheimer’s
BBC News US
What are the symptoms of dementia to look out for in a relative? Read the full story
Should we sleep and wake early to boost our health?
BBC News US
Some studies show night owls are at greater risk of health problems so should we all become early risers? Read the full story
USA/CANADA
What Happened in the World Economy This Week and What It MeansBloomberg
Non-stop business knowledge Get more on The Bloomberg App Oil prices, the dollar, sanctions, trade tensions, trips to the International Monetary Fund and shock election results. Take your pick and financial markets felt turbulence this week with ramifications for the world economy. Emerging markets face the biggest test and that’s the central theme in our weekly wrap-up of what’s going on in the world economy. Iran and Oil U.S. President Donald Trump’s announcement to pull out of the Obama-era Read the full story
5 key ways California’s new solar panel standards could impact the state's homeowners
CNBC
In light of California's new mandate, CNBC recently spoke to several experts to identify several ways in which the solar requirement could ripple across the state's economy. Read the full story
One-Third of Americans Have This Little in Retirement Savings
The Motley Fool
It's an alarmingly small number. Read the full story
After Nixing The Iran Nuclear Deal, What Comes Next?
The path to today's problems with Iran passed through the University of Chicago squash court where on Dec. 2, 1942, for 4.5 minutes physicist Enrico Fermi, making calculations on a slide rule, achieved the controlled release of energy from an atomic nucleus. Historian Richard Rhodes says that Fermi and his colleagues were risking "a small... Read the full story
EMERGING MARKETS
Chile wants region to tighten pressure on Venezuela's Maduro
Reuters
Reuters
The Lima Group of mostly Latin American countries should raise its pressure on Venezuelan President Nicolas Maduro to a "new level" when it meets this week in Mexico City, Chile's foreign minister said in a newspaper interview published on Saturday. Read the full story
Hungry, sick and increasingly desperate, thousands of Venezuelans are pouring into Colombia
Los Angeles Times
For evidence that the Venezuelan migrant crisis is overwhelming this Colombian border city, look no further than its largest hospital. Read the full story
Conoco authorized to seize $636 million in Venezuela PDVSA assets: Curacao court
Business Insider
View of Isla refinery in Willemstad on the island of Curacao Thomson Reuters A Curacao court has authorized ConocoPhillips to seize about $636 million in assets belonging to Venezuela's state oil company PDVSA due to the 2007 nationalization of the U.S. oil major's projects in Venezuela. The legal action was the latest in the Caribbean to enforce a $2 billion arbitration award by the International Chamber of Commerce (ICC) over the nationalization. The court decision, first reported by Caribbean Read the full story
MIDDLE EAST
Iraq PM Abadi appears ahead in poll, Sadr strong: sourcesReuters
Prime Minister Haider al-Abadi's list appears to be leading in Iraq's parliamentary election, followed by influential Shi'ite cleric Moqtada al-Sadr's alliance, an election commission source and a security official told Reuters on Sunday. Read the full story
Netanyahu and Putin Face Off and Putin Blinks
RedState
This is not what Damascus or Tehran wanted to see Read the full story
Iran diplomat visits China for talks on nuclear deal crisis
ABC News
Iran's foreign minister is visiting China for talks following President Donald Trump's decision to scrap U.S. participation in the agreement over Iran's nuclear program Read the full story
AFRICA
Kenya dam collapse: Missing people accounted for
Aljazeera
Aljazeera
The European Union is giving $1.8m in emergency aid to help families affected by the deadly dam burst in Kenya. At least 45 people died in Nakuru County during the incident, which occurred after heavy rains. All of the 40 people listed as missing have been accounted for. Al Jazeera's Andrew Simmons reports from Solai in Nakuru County. Read the full story
What can be done to save children in DRC from starvation?
Aljazeera
Armed conflicts continue to have devastating consequences for the children in the Kasai region of the Democratic Republic of Congo. UNICEF says around 400,000 children are facing the imminent threat of death from starvation, and warn the number will "skyrocket" unless urgent action is taken to boost the humanitarian response. The agency wants $88m to fund its programmes there. In December, the UN declared the crisis at the highest level - the same as Yemen, Syria and Iraq. The Kasai region Read the full story
Angola: Behind the Smoke Screen - an Authoritarian New President
AllAfrica
(Photo: Francisco Miudo/ Angola Press Agency) After the 2017 elections, the hopes ordinary Angolans placed on President João Lourenço were so high that many regarded him as a gift from God. Next September, his predecessor, José Eduardo dos Santos, will finally step down from the leadership of the ruling MPLA, after 39 years. The combined imperial powers of the country's presidency and of the MPLA will make João Lourenço the absolute ruler of Angola, and it does not bode well for the country. The Read the full story
South Africa: Two Million in Foreign Currency Seized At Cape Town International Airport
AllAfrica
South African Revenue Services (Sars) custom officials have confiscated almost R2m in foreign currency hidden in the luggage of a man heading to Dubai from Cape Town International Airport. "After receiving a tip-off from Customs officials at OR Tambo International Airport (Ortia), the man was stopped by Customs officials and members of the Detector Dog Unit as he was about to embark on the flight to Dubai," Sars Chief Officer: Customs and Excise, Teboho Mokoena, said in a statement. Mokoena said Read the full story
ASIA
North Korea vows to dismantle nuclear test site within weeks; Trump applauds move
North Korea has scheduled the dismantlement of its nuclear test site for sometime between May 23 and 25 depending on weather conditions.
China's first home-built aircraft carrier starts sea trials
Amid an ambitious plan to ramp up its armed forces, China's first domestically developed aircraft carrier left its northeastern port to begin sea trials on Sunday.
Korea's biggest crypto exchange offices seized in authority raid
Coin Insider.
The weekend is meant for relaxing and unwinding, but relaxation is anything but what South Korean exchange UPbit must be experiencing following the raid of investigating persecutors of the exchanges’ offices recently. The offices of UPbit, South Korea’s largest crypto exchange, were the matter of investigation on Thursday and Friday this week. The investigation was caused owing to a suspicion that the company was acting in fraudulent behavior – selling cryptocurrency to customers when it did not Read the full story
EUROPE
'Trust me on Brexit', UK PM May says as ministers squabble
Reuters
Reuters
British Prime Minister Theresa May said on Sunday she could be trusted to deliver Brexit, but that it could not be done without compromises on all sides -- a possible warning to cabinet ministers who are deeply split over future customs arrangements. Read the full story
No Brexit trade deal 'will up fish and chip shop prices'
Sky News
Prices at fish and chip shops across the UK will have to increase to cover a rise in the cost of cod if Britain crashes out of the EU with no free trade deal, according to a new report. Read the full story
Michael Gove warns Theresa May not to delay Britain's exit from the customs union
Business Insider
Environment Secretary Michael Gove. Chief Brexiteer Michael Gove warns Theresa May against delaying Britain's exit from the customs union. Conservative MPs have suggested that Britain should stay in the customs union for months after the transition period ends in order to have more time to prepare for Brexit. May's Cabinet still hasn't found a workable solution for avoiding a hard Irish border. However, Gove told the BBC's Nick Robinson he would not support further extension in any circumstances Read the full story
CBI, ISX and Kauaihn Chatter Updates:
CBI Update:
The CBI for Monday 5/14/18 did update on the indicative rates Sell Rate 1184
The currency auction is 181,667,130
There are 2 news and announcements for Monday 5/14/18
1. Amended the filing of (RTGS) of applications for the window for the day (21/20 / May / 2018)
To banks / authorized financial transfer companies (uncles).
May 14, 2018
To banks / authorized financial transfer companies (uncles).
May 14, 2018
Article is a document and can't be translated
2. Auction results announcement (for sale of money transfers)
The Ministry of Finance approved, on 9/5/2018, a public auction of Y39 auction to sell treasury transfers.
May 14, 2018
The Ministry of Finance approved, on 9/5/2018, a public auction of Y39 auction to sell treasury transfers.
May 14, 2018
The Ministry of Finance approved the auction of Y39 for the sale of treasury bills for the period (364) days and the amount of (100) billion dinars (100 billion dinars only) has been sold the amount of the issuance in full, and the highest price of competitive auctions (3.50% ) And the average yield (3.20%) was the number of participants (6) have won (4) banks with the offers they submitted.
ISX Update:
Value Traded
7,580,125,814
Shares Traded
7,519,872,423
ISX ended in Green
5-14-2018 Newshound Guru chattels The news reports are confusing and somewhat conflicted. My best take on the results is that Abadi has about 60 seats and Sadr 51.
5-14-2018 Newshound Guru Kaperoni Looks PM al-Abadi's political bloc is leading the elections. Let's hope so as this will give us the quickest formation of a new government and continued motivation to make economic changes. Some people do not understand the significance of the elections, a government with the same directive and motivation for change along with proven stability is critical for investor confidence. Remember, confidence is what will drive the dinars value up. A lack of will cause reluctance and a hesitance from investors.
5-14-2018 Newshound Guru Kaperoni Looks PM al-Abadi's political bloc is leading the elections. Let's hope so as this will give us the quickest formation of a new government and continued motivation to make economic changes. Some people do not understand the significance of the elections, a government with the same directive and motivation for change along with proven stability is critical for investor confidence. Remember, confidence is what will drive the dinars value up. A lack of will cause reluctance and a hesitance from investors.
5-13-2018 Newshound Guru chattels Article: "BAGHDAD (Reuters) – Prime Minister Haider al-Abadi’s list appears to be leading in Iraq’s parliamentary election, followed by influential Shi’ite cleric Moqtada al-Sadr’s alliance, an election commission source and a security official told Reuters on Sunday. The sources cited unofficial initial results." Even if Abadi’s Victory Alliance wins the most seats, he still must negotiate a coalition government, which must be formed within 90 days of the election. And, If parliament chooses him as prime minister... The formation of the new government shouldn't be expected until after the Ramadan and Eid holidays, according to Zebari. Ramadan begins on or about May 15 and ends Friday, Jun 15, 2018 with the Eid al-Fitr National Holiday.
5-13-2018 Newshound/Intel Guru BGG The real story out of these elections will be this… It wasn’t about Maliki vs. Abadi that turned out to be the real issue. It was Kurds. The Kurds may well turn out to be the “kingmakers” that some have speculated… but it may not be the “old guard” Kurds (the KDP). It looks like to me – the KDP (the same sh!T bags who were in a hinky, secret alliance with Maliki all along)… look to have gotten blown out this time around. There was a change movement in this election – but it started in Kurdistan. The big numbers seem to have been split between the two (or three) opposition parties, the Goran, the PUK and to a lesser extent the Democracy faction, led by Barham Saleh. It was a stunning day in Iraqi politics!! [post 2 of 2]
5-13-2018 Newshound/Intel Guru BGG Who? What? Why? Iraq’s election (2018) Folks, it is as simple as this… These election results are critical. Even with an outright win by Abadi, it may well take him some time to fully form his next GOI and move things forward. No matter what anyone says, there is still a ways to go. We need to wait and get a true reading on what the fullsome numbers look like once everything is counted…It sounds like Abadi’s faction won a significant number of seats… which is a big deal for Abadi. He will need still help to “form” the next GOI… and he may get it… FROM THE KURDS (and others). [post 1 of 2....stay tuned]
5-13-2018 Newshound/Intel Guru BGG Who? What? Why? Iraq’s election (2018) Folks, it is as simple as this… These election results are critical. Even with an outright win by Abadi, it may well take him some time to fully form his next GOI and move things forward. No matter what anyone says, there is still a ways to go. We need to wait and get a true reading on what the fullsome numbers look like once everything is counted…It sounds like Abadi’s faction won a significant number of seats… which is a big deal for Abadi. He will need still help to “form” the next GOI… and he may get it… FROM THE KURDS (and others). [post 1 of 2....stay tuned]
5-13-2018 Newshound/Intel Guru Mnt Goat I do not believe that any new Trump sanctions with Iran will block or impact the Iraqi dinar RV. I do strongly believe that, if you waiting for the Iranian Rial to RV along with the Iraqi dinar, you are going to be waiting for a VERY long time...
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)
Prime Minister Commander-in-Chief of the Armed Forces Dr. Haider Abadi orders the security forces in Kirkuk and the provinces of the province to control security and neutrality in dealing with the file of elections
The Prime Minister and Commander-in-Chief of the Armed Forces, Dr. Haider Abadi ordered the security forces in Kirkuk and the provinces of the province to control security and impartiality in dealing with the file of elections and called for the Electoral Commission for elections to take quick action to examine the funds and devices contested and announce the results to public opinion in order to ensure Election safety.
Prime Minister 's Media Office
13 May 2018
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ARTICLE 2
Tweet posted on Government of Iraq twitter account:
Government of IraqVerified account @IraqiGovt 5-13-2018, around 10:30 am Easternurs Thanks to the dedication and professionalism of Iraq’s security forces, the Iraqi people were able to exercise their democratic right to vote on 12 May in a safe and secure election environment #IraqVotes #IraqiElections2018
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ARTICLE 3
The Commission sets a week to lift election propaganda
2018/5/13 19:11
[Ayna-Baghdad]
On Sunday, the Independent High Electoral Commission (IHEC) set up a week and another to lift electoral posters from all streets.
"According to the electoral campaigns No. 11 of 2018 and the procedures for these campaigns, the Council of Commissioners invites political parties, electoral lists and candidates to lift electoral advertisements from the streets and places that have been approved for their electoral campaigns," the statement said. And within one week from the date of the start of the ballot on 12/5/2018. "
He pointed out that "contrary to the Commission will take punitive measures against violators, which provided for the said system."
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ARTICLE 4
Direct cable and telecommunications service promises to improve Internet service during the coming period
BAGHDAD, May 14 (KUNA) - The Ministry of Communications announced that the ministry has started operating the national internet project in Baghdad and the governorates in a partial and experimental manner through the international access gates and that the technical and engineering cadres continue to connect the areas through the active cabins.
Hazem Mohammed Ali said, "It is hoped that the service will be delivered to all subscribers through the optical cable of homes through 2400 cabins distributed among all governorates, serving nearly five million homes. Each cabin will be invested by agents and owners of internet towers who will be selected after availability. "The Internet service will see a noticeable improvement over the next few years, due to the partial operation of the optical cable service through the service gates, especially after the Ministry has recently introduced 20 (for a period) For a period), after it was done For 13 (a) that contributes to the promotion of the service provided to citizens. " Ending
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ARTICLE 5
Execution of a warrant for the arrest of a suspect accused of embezzling one billion six hundred thousand dinars from Rafidain Bank
BAGHDAD, Iraq - May 14: The Office of Investigation revealed the integrity of the province of Najaf to implement the arrest warrant against the accused embezzlement billion and six hundred thousand dinars from Rafidain Bank, indicating that the number of lawsuits against her amounted to 13 criminal appeal.
He added that "the arrest warrant issued against the defendant in accordance with the provisions of Articles (315 and 316/47 - 48 - 49) sanctions implemented in cooperation with the security authorities, especially the Directorate of Intelligence and the fight against terrorism in the province," noting that "the accused, which was working As an employee in the Rafidain Bank - the branch of Muslim bin Aqeel, attributed to the charges related to embezzlement and manipulation of bank accounts of citizens in government banks. "
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ARTICLE 6
New self-driving warning
2018/5/14 9:59
[Where - Continue]
A British expert on artificial intelligence warned of the risk of driving autos, stressing that they are not safe and unpredictable, especially when driving in open areas such as forests.
"If you use self-driving cars, you should test them as we test them in the laboratory before putting them on the road," said Demise Hasebis, co-founder of DeepMind, a specialist in artificial intelligence.
In an interview with the Royal Society in London, Hasebis said industrial intelligence may not be suitable for such systems, especially as they pose challenges to road safety.
The British expert, who bought Google for 400 million pounds four years ago, said: "We are fully aware of what the car is doing, but not exactly."
The debate over how cars are self-driving is growing, especially after a series of accidents, prompting US authorities recently to investigate the efficiency of artificial intelligence systems used in these vehicles.
The self-driving system, developed by Tesla in the US Silicon Valley, is being investigated by US safety authorities after two fatal accidents.
Uber suspended the experience of the self-driving system in Arizona, the United States, after providing the Volvo with the technology, causing an accident that killed one person and injured the last infantry in March.
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