WOTS Tuesday 5/29/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,170.6000 | 1,170.6000 | 1,170.6000 | | 20:00 |
| USD/VND | | | 22,802.5000 | 22,530.0000 | 22,530.0000 | | 04:15 |
| USD/CNY | | | 6.4216 | 6.3893 | 6.3893 | | 06:37 |
| USD/KWD | | | 0.3020 | 0.3012 | 0.3018 | | 06:31 |
| GBP/USD | | | 1.3324 | 1.3209 | 1.3312 | | 06:37 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,062.6000 | 13,969.8000 | 14,001.0000 | | 06:31 |
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DC NY Iraq Articles:dd
Work Determines the date of payment of the salaries of the secured workers
Editorial Date: 2018/5/29 11:31 • 79 times scheduled
(Baghdad: Al Furat News) The Department of Retirement and Social Security for workers in the Ministry of Labor and Social Affairs set the first of June next date for the payment of salaries of insured workers and their successor to the categories of {manual disbursement and smart card holders} for the months of May and June 2018 in Baghdad and the provinces with the monthly grant.
A statement by the ministry received the agency {Euphrates News} a copy of it, the Director General of the Department of Pension and Social Security of workers {Ali Jafar al-Hilu} that the Department has set the first of June date for the payment of salaries of workers secured for the categories {manual disposal, and smart card holders} after completing all necessary procedures To distribute salaries in coordination with the General Directorate of Rafidain Bank. "
He added that "the insured pension who has a service of 30 years and more receive the amount of 600 thousand dinars for two months only, while receiving a pensioner who has a service less than 30 years, the amount of 540 thousand dinars."
"The family of the deceased, who has more than three deserving, receives a salary of 500 thousand dinars, while the family receives a salary of 480 thousand dinars, while the family of the deceased pensioner who has one receivable and receive a salary of 460 thousand dinars."
He called on the Director-General "all the retired workers secured to review the banks according to the areas of residence for the purpose of receiving their salaries are drawn with the identity documents represented by the identity card or pension card." d
He added that "the insured pension who has a service of 30 years and more receive the amount of 600 thousand dinars for two months only, while receiving a pensioner who has a service less than 30 years, the amount of 540 thousand dinars."
"The family of the deceased, who has more than three deserving, receives a salary of 500 thousand dinars, while the family receives a salary of 480 thousand dinars, while the family of the deceased pensioner who has one receivable and receive a salary of 460 thousand dinars."
He called on the Director-General "all the retired workers secured to review the banks according to the areas of residence for the purpose of receiving their salaries are drawn with the identity documents represented by the identity card or pension card." d
Prepare portfolios for future government ministers
Date of release: 2018/5/29 13:08 • 139 times read
{Baghdad: Al-Furat News} The General Secretariat of the Council of Ministers announced that the government bags of new ministers.
The Secretary General of the Council of Ministers, Mahdi al-Alaq, presided over the Council of Undersecretaries to discuss the joint action to implement the decisions of the Council of Ministers and follow-up work progress project of the ministries, and discussed the mechanism of verification of the implementation of the decisions of the Council of Ministers, And to know the reasons for non-implementation of some of them, and the commitment of ministries to the Secretariat General of the Council of Ministers in this regard.
The Council also reviewed the automation project in the General Secretariat of the Council of Ministers, and his vision to access integrated electronic systems supporting the program and the design of an electronic platform with the ministries. The Secretary-General confirmed the completion of a large part of the process of extending optical cable for the automation project, stressing the need to convince Others who do not want to handle the electronic feasibility and ease of application. "
The meeting discussed the mechanism of preparing the government bag to facilitate the mechanism of the new government, as the uncles were issued with the aim of forming subcommittees in ministries in this regard, and is scheduled to hold the Secretariat of the Council of Ministers three workshops for a number of ministries with a view to completion of the bag to be handed over to the new ministers after the formation New government "d
The Council also reviewed the automation project in the General Secretariat of the Council of Ministers, and his vision to access integrated electronic systems supporting the program and the design of an electronic platform with the ministries. The Secretary-General confirmed the completion of a large part of the process of extending optical cable for the automation project, stressing the need to convince Others who do not want to handle the electronic feasibility and ease of application. "
The meeting discussed the mechanism of preparing the government bag to facilitate the mechanism of the new government, as the uncles were issued with the aim of forming subcommittees in ministries in this regard, and is scheduled to hold the Secretariat of the Council of Ministers three workshops for a number of ministries with a view to completion of the bag to be handed over to the new ministers after the formation New government "d
Mr. Sadr responds to his use of Twitter and explains the unit "Shiite House"
Date of release: 2018/5/29 0:04 • 220 times read
(Baghdad: Al-Furat News) The leader of the Sadrist movement, Mr. Moqtada al-Sadr, responded to his use of social networking site Twitter in announcing his positions and expressing his views on political developments and discussions on forming the next government.
"Yes, countries are not built and governments are not formed through Twitter," he said in response to a question about the comments made by some about his Twitter comments. "It is only flashes that led to the people of Iraq. I am a lover of all. "
And his opinion on the unity of the Shiite house, answered Mr. Sadr, "I ask God to be (the Shiite house) full of the righteous of the infidels of charity and that the doors are open to all without distinction."
The leader of the coalition of the rule of law, Sami al-Askari, called the leader of the Sadrist movement, the patron of the coalition, "Sadr," to Mr. Muqtada al-Sadr to "non-polarization" lead the {Suron} results of the parliamentary elections on 12 May.
Al-Askari said in the program "political alley" on Sunday evening, and presented by the media Iyad Fadel and presents on the satellite channel Al-Furat throughout the nights of the holy month of Ramadan on "Mr. Sadr that does not entice winning 54 seats because it does not mean anything and consider Ayad Allawi, who won 91 seats." A reference to the 2010 elections, he said.
"The state is not built with gunmen dressed in black and roaming the streets of the capital Baghdad, and not built threats, exclusion or Twitter on Twitter," he said.
He pointed out that "the division in the Shiite situation (today) is strongest and Mr. Sadr is a key reason," according to his expression
And his opinion on the unity of the Shiite house, answered Mr. Sadr, "I ask God to be (the Shiite house) full of the righteous of the infidels of charity and that the doors are open to all without distinction."
The leader of the coalition of the rule of law, Sami al-Askari, called the leader of the Sadrist movement, the patron of the coalition, "Sadr," to Mr. Muqtada al-Sadr to "non-polarization" lead the {Suron} results of the parliamentary elections on 12 May.
Al-Askari said in the program "political alley" on Sunday evening, and presented by the media Iyad Fadel and presents on the satellite channel Al-Furat throughout the nights of the holy month of Ramadan on "Mr. Sadr that does not entice winning 54 seats because it does not mean anything and consider Ayad Allawi, who won 91 seats." A reference to the 2010 elections, he said.
"The state is not built with gunmen dressed in black and roaming the streets of the capital Baghdad, and not built threats, exclusion or Twitter on Twitter," he said.
He pointed out that "the division in the Shiite situation (today) is strongest and Mr. Sadr is a key reason," according to his expression
Iraqi Forces Capture 22 IS Suspects, Destroy Tunnel
ERBIL — Iraqi security forces launched a military operation near Mosul on Monday, arresting 22 people suspected of links to the Islamic State (IS), the Defence Ministry said.
The operation was carried out in Badush district of northwestern Mosul, where a tunnel of IS was also discovered and destroyed, ministry’s spokesman Yahya Rasoul said in a statement.
At least ten improvised explosive devices were also seized and defused, according to the statement.
Iraqi Police Clash with Hashd al-Shaabi, Two Killed
ERBIL — Iraqi federal police and Iranian-backed Shi’ite militias of Hashd al-Shaabi clashed on Monday in the northern city of Mosul, killing one from each side, a source confirmed.
“Armed clashes broke out between local police [in Mosul] and the Hashd al-Shaabi forces in Mosul's Old City that led to the killing of Ibrahim al-Khazaali, an officer in-charge of medical affairs in the Sayyid al-Shuhada brigades affiliated with the Hashd al-Shaabi, and wounding two others from the same faction,” Anadolu Agency quoted an unnamed army official.
One police officer was also killed with three others injured, he said.
Local police lieutenant Ahmad Ismail al-Khafaji said that the clash erupted after Hashd al-Shaabi militias attempted to take control of police headquarters in Mosul’s Old Town.
“A force from the Hashd al-Shaabi stormed the headquarters of the seventh regiment when the police personnel were having a rest. They assaulted the police personnel and threatened to kill them unless they immediately evacuate the place,” he said.
Kurdish Politician: Iraqi Parliament Heightening Political Tension
ERBIL — Kurdish prominent politician and leading member of Kurdistan Democratic Party, Hoshyar Zebari, said on Monday that the Iraqi parliament under the leadership of Salim al-Jabouri, who has lost at the recent elections, is escalating political tensions in the country.
“The loser Speaker Salim Juburi and Government are selfishly pushing Iraq down a slippery slope towards the unknown,” Zebari wrote on his official Twitter account.
He criticised parliament’s decision on Monday, according to which the expat votes and ballots for IDPs would be annulled after manually recounting 10% of ballots in each province.
“Iraqi Parliament COR non binding resolution to cast doubt on Iraq Election 2018 will heightened political tension. Losers are losing,” the Kurdish politician said.
Al-Rafidain Announces Updating the List of Advocates from the "Key Card" Campaign
Rafidain Bank announced on Monday the update of the list of prepaid card holders card "Card Card", while called for follow-up in the case of some of the inclusion of modernization.
The bank said in a statement received by the Journal News, "The list of prepaid cardholders has been updated to the card card," noting that "the inclusion can be confirmed by dialing 422 or visit one of the branches of the bank."
He called on the bank to "follow up in the coming days in the event that some do not include updating their names."
It is noteworthy that Rafidain Bank announced earlier, the grant of an advance of 10 million dinars to employees of the State departments who have a card "Key Card". d
Kauaihn Iraq Articles:ddd
Turkey Arrests 32 People over Alleged PKK Link
ERBIL — Turkish security forces captured on Monday at least 32 people for suspect links to the Kurdistan Workers’ Party (PKK).
In eastern Van province, nine suspects were held in Ercis district, state-run Anadolu Agency cited a gendarmerie statement.
Ten others were arrested in Gaziantep province during a separate operation.
In southeastern Sirnak province, the local gendarmerie units arrested 13 suspects in Beytussebap district for allegedly aiding the PKK.d
After the complaint of one hundred deputies .. The United Nations may come out with recommendations to end the controversy of the election results
aljournal May 29, 2018
Baghdad - Razak al-Yasiri
More than a hundred deputies filed a complaint with the United Nations on the violations and manipulation and counterfeiting that accompanied the results of the parliamentary elections in the fourth session held on May 12, until the leaks began serious concern to the United Nations, which has already warned against fraud in the results The elections, which have been fixed, will generate an illegitimate government, according to parliamentarians.
After the failure of the House of Representatives to achieve its legal status to hold its extraordinary to get out on decisions on fraud in the election results, according to the evidence reached by the committees of the government and parliament, submitted nearly 100 parliamentarians complaint to the United Nations Assembly on these violations, as made by the MP from a coalition of state law, Nahla Hababi.
"Nearly 100 deputies in parliament signed a complaint to the UN Special Representative in Iraq, as well as to the UN General Assembly at its Geneva headquarters, regarding the fact that the legislative elections were subject to fraud and fraud in those," al-Hibabi said in an interview with the Journal. Which took place outside Iraq and within it led to the injustice of many candidates who were eligible to win by virtue of their broad popular base, "noting that" the complaint was made after the failure of parliament to hold its extraordinary. "
"There is no doubt that the United Nations held a meeting to discuss the Iraqi elections and come up with recommendations that may end the conflicts between the candidates and the Commission and other government bodies," adding Habibi, "pointing out that" the objection of a number of deputies on the election results may be appropriate to the position of the United Nations on Iraq, The complaint submitted and the hearing ".
And the reason for raising the complaint pointed out that al-Habibi that "the losers have not received the permission of the ears of the competent authorities in Iraq to consider the evidence they have to prove the occurrence of fraud in the elections, surprised by the claims to the Federal Court to ratify the names of the winners of the elections in light of evidence to prove penetration and fraud" , Stressing "the need to address the problems in the process of voting and then go to confirm the names of winners."
"There are serious doubts raised by the Iraqi street towards the new government if the results of the final elections remained the same, because these results will produce an illegitimate government as a result of exposure to fraud and pressure by certain parties in favor of political and financial gains."
In the context demanded the head of the Turkmen Front, Arshad Salhi, the government committee charged with investigating the electoral violations to speed up the presentation of its final report and ratification before the approval of the Electoral Commission on the results.
Salhi said in a press statement that "the ministerial committee, which was formed by order of the Prime Minister to investigate the results of the elections in front of them only 7 days to complete its work," pointing out that "the Board of Commissioners committed mistakes and fraud and there is pressure exerted by the Commission to prevent and uncover the facts."
He called on the government committee charged with investigating the election violations to "speed up the presentation of its final report and ratify it before the approval of the Electoral Commission on the results," stressing that "the investigation will not meet the purpose if the delayed ratification of the results of the investigation after the approval of the Electoral Commission."
He pointed out that "the national intelligence and security services have verified the existence of piracy and the sale and purchase of votes of voters, and this is confirmed by the representative of the government within the House of Representatives," adding that "the ratification of the current results may lead to a real disaster leads the country to the unknown.
The Supreme Judicial Council (HEC) addressed the IHEC in an official letter stating that complaints submitted by objectors to the election results must be accepted under the provisions of Article (8) of Law No. (11) of 2007 in order to decide on such complaints. For the victim to be challenged by the Electoral Judiciary established by the Federal Court of Cassation.
The House of Representatives on Monday set a date for a special session to reach decisions on the results of the elections announced by the Commission, after failing for the second time in a session because of the lack of quorum. d
Major Oil Refinery in Mosul Resumes Operation After Liberation from IS
Iraq, May 29, 2018
A major oil refinery in Iraq’s northern province of Nineveh has resumed operation after it survived Islamic State’s destructive rule in the area.
According to a statement by the country’s oil ministry, Kasik oil refinery has been successfully reconstructed and put back into operation.
The refinery’s output is said to be approximately 10,000 barrels of oil per day.
It fell into the hands of IS back in 2014 when the extremist group seized control of a vast territory in north and west of Iraq.
The Iraqi army, backed by Kurdish Peshmerga forces and the US-led Coalition, liberated the northern province of Mosul last year, yet struggling to fully restore security in the region.
Iraqi plan to stop desertification, Ministry
Baghdad/ Iraq TradeLink: Iraqi Agriculture Ministry disclosed its strategy to stop desertification in Iraqi lands.
The State Company for Combating Desertification pointed that the cut off of the trees , lack of supervision, absence of plans and gigantic desertification projects, minimum funds and the control of Da’ish (ISIS) on vast areas helped to increased desertification in the country, particularly in the west and southern parts.
The ministry pointed it will conduct campaigns to cultivate empty areas to ensure not turning to new desert lands and preventing sand storms in these areas.
No other details were given.
Genel Energy Confirms KRG Payment
Iraq, May 28, 2018
Genel Energy notes the announcement from DNO ASA, as operator of the Tawke PSC, that the Tawke partners have received $47.23 million from the Kurdistan Regional Government (‘KRG’) as payment for February 2018 crude oil deliveries to the export market from the Tawke licence. Genel’s net share of the payment is $11.81 million.
The Taq Taq partners have received a gross payment of $6.80 million from the KRG for oil sales during February 2018. Genel’s net share of the payment is $3.74 million.
The Company has also received an override payment of $6.85 million from the KRG, representing 4.5% of Tawke gross licence revenues for the month of February 2018, as per the terms of the Receivable Settlement Agreement.
Gross production from the Tawke licence stood at 111,618 bopd during February, of which only 102,999 bopd was exported due to a planned pipeline outage; the balance was placed into interim storage at Fishkhabur and exported the following month.
In total, Genel’s net share of payments relating to February 2018 exports totals $22.40 million.
iraq-businessnewsd
Deutsche Bank job cuts being felt from Britain to Australia
Cuts in London-based emerging markets M&A team and in corporate finance in Australia
Iraq, May 28, 2018
The impact of a pledge this week by Deutsche Bank to cut at least 7,000 jobs is already being felt from London to Sydney.
Germany’s biggest bank is cutting a team of 10 investment bankers in the British capital focused on deals in emerging markets, a person familiar with the matter said on Friday.
The team, led by 18-year Deutsche veteran Philipp von Danwitz, learnt of the cuts this week, said the person, who spoke on condition of anonymity.
In Australia, Deutsche this week laid off a handful of corporate finance specialists, including head of metals and mining Richard Gannon and head of infrastructure and utilities Andrew Martin, according to a second person.
Deutsche declined to comment.
Six hundred bankers have already been let go since Christian Sewing took over last month as Deutsche’s chief executive officer and announced a plan to scale back its global investment bank, refocusing on Europe and its home market after three consecutive years of losses.
On Thursday he said he would reduce global staff by more than 7,000, including 25 per cent of the global equities business, which has a heavy presence in London and New York.
Deutsche’s top investment banker, Garth Ritchie, told staff on Thursday that global head of equities Peter Selman would “provide more detail on the equities plan in the next few days,” according to a memo read to Reuters.
The job cuts are hitting morale. “We will know in the next week what staff will be impacted. People are on tenterhooks,” one Deutsche Bank employee in Australia said.
“I honestly think everyone sitting there thinks every job is being looked at,” the banker said.
“I don’t think any particular business is safer than others.
People just want to know what the outcome is, to be able to get on with business, particularly for those working with clients.”
Seeking to reassure
Sewing tried to reassure staff in a separate memo seen by Reuters, saying that the cuts would “create headroom for investments in other areas” and that employees should have the “courage and the confidence to emerge stronger from this difficult period”.
Deutsche is expected to shed more than 100 people in Asia, a third person with knowledge of the matter said. The cuts would involve mainly equities and fixed-income businesses, and in the first phase the bulk of the cuts is expected to cover roles that are not client facing.
The latest restructuring comes at a very bad time for Deutsche in Asia, the person said. There was some expectation that they would be able to get some big clients in the equities business as part of Chinese stocks’ inclusion in the MSCI index, the person said.
“There would definitely be some doubt in the mind of the new clients as to how focused Deutsche will be on the business, and therefore the bank’s ability to work with them for a longer period,” said the source.
Some of Deutsche’s equities business rivals in Asia including UBS, JPMorgan, and Credit Suisse are aggressively pitching to the German bank’s existing clients by talking about the restructuring, vying to take market share away from it in the region, three people familiar with the matter said.
A spokesman for Deutsche also declined to comment on expected job cuts in Asia. JPMorgan declined to comment. UBS and Credit Suisse were not immediately available for comment.d
Kauaihn Economic Times:
More than 220,000 pounds of Spam recalled over oral injuries
CBS News
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"Mail fishing" is when people use tools to retrieve envelopes out of the blue mailboxes lining the streets, and it's on the rise, according to law enforcement officials. Read the full story
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Gold dips on revived hopes of US-North Korea summit
Gold prices fell on Monday on revived hopes of a U.S.-North Korea summit, while a strong dollar also weighed on the market.
Read more: https://www.cnbc.com/2018/05/
© Reuters. Gold weighed down as geopolitical tensions ease Read the full story
© Reuters. Gold prices end the week near $1,300 Read the full story
Read more: https://www.cnbc.com/2018/05/
A total shutdown in Venezuelan production could soon prompt oil prices to skyrocket toward $100 a barrel, one strategist told CNBC Monday. Read the full story
© Reuters. Oil starts the week in negative territory Read the full story
Oil prices have been slumping since Friday when Saudi Arabia indicated a willingness to pump more oil into global markets. Read the full story
Unlike traditional hip replacements, with incisions through either a patient's side or back, Toronto-based orthopedic surgeon Dr. Amir Khoshbin is performing the operation through the front and using a special surgical table to aid that approach. The result, he says, is a speedier recovery. Read the full story
Easing back into excercise for many in midlife means "listening" to you body and finding a fitness professional who understands your challenges. Read the full story
Let's talk about this. According to the National Alliance on Mental Illness, approximately 18.5% of adults in the United States experience mental illness every year. That's a significant portion of our population—one in five people—yet the stigma and misunderstanding that surround mental health remain. If you are feeling symptoms of depression, talk to your doctor to learn more about treatment options. We throw around the phrase "I'm depressed" to describe a stressful situation at work or the Read the full story
Researchers believe that IL-6 is a novel prognostic marker for small cell lung cancer. Lung cancer starts when cells of the lung become abnormal and begin to grow out of control. Small cell lung cancer (SCLC), which is sometimes called oat cell cancer is about 10% to 15% of lung cancers. Most patients are diagnosed... Read the full story
I tried the Mediterranean diet, a whole-foods meal plan based on vegetables, fish, and healthy fats like those from olive oil and avocados. The plan has been linked to benefits like a lower risk of disease, a healthier mind, and reduced symptoms of depression. I learned a lot while trying the regimen, and I'd like to stick with it for a long time. You could say I've been around the diet block. I've been vegan, restricted my eating to an eight-hour window as part of an intermittent fast, and Read the full story
U.S. record oil exports bite into Russia, OPEC market share in Asia
Business Insider
FILE PHOTO: Automobiles speed past an oil refinery as they travel down a major highway in Carson, California Thomson Reuters By Florence Tan SINGAPORE (Reuters) - Record crude oil volumes exported from the United States will be heading to Asia in the next couple of months to take another piece of the market away from Russia and producers in the Organization of the Petroleum Exporting Countries (OPEC). The United States is set to export 2.3 million barrels per day (bpd) in June, of which 1.3 Read the full story
A survey finds that 62 per cent of chief financial officers in the Asia-Pacific are optimistic over the US business environment, though they also see a risk that tensions with China could suddenly flare up again Read the full story
Ellicott City, a western suburb of Baltimore, Maryland, was put under a state of emergency on Sunday after torrential rain left the town with massive flooding. WBAL meteorologist Tony Pann reported the town received eight inches of rain in a very short amount of time on Sunday afternoon. Numerous citizens have been posting videos of the flooded streets since the storm began. "Water keeps rising, this is like 6 feet at least," one Twitter user wrote. "I really hope no one is on ground level right Read the full story
Subtropical storm Alberto was taking aim at the Gulf Coast, while a separate storm system caused "potentially catastrophic" flooding in Maryland. Read the full story
Lava reached the property overnight and was within 200 yards of the nearest well Read the full story
Bianco Research's James Bianco says social media is skewing economic data. Read the full story
Reuters
As a hard deadline set by Kinder Morgan Canada Ltd for scrapping a key pipeline expansion looms, there is growing doubt among investors, contractors and government officials about reaching a deal to save the C$7.4 billion ($5.7 billion) project. Read the full story
An under-the-radar approach that avoids public criticism has helped smaller, private mainland investors succeed where the state behemoths have largely failed Read the full story
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Federal agencies admitted they lost nearly 1,500 children under the Trump administration. Attorney General Jeff Sessions said the law dictates kids will be separated from their parents crossing the border. However, President Trump blamed the policy on... Read more Read the full story
The president blames Democrats for children being taken from parents at border. Read the full story
Qatar tells stores to take Saudi products off their shelves
CNN Money
Qatar has ordered retailers to stop selling products from Saudi Arabia and other countries that severed ties with it almost a year ago. Read the full story
The company is looking to invest in consumer-led sectors and renewable energy The post Abu Dhabi’s Gulf Capital eyes deals in Saudi appeared first on Gulf Business. Read the full story
The link between national sacrifice and war-making has become increasingly foreign. It was once essential. Read the full story
AFRICA
China rejects U.S. charge of 'forced technology transfer' at WTO
Reuters
China told the World Trade Organization's dispute settlement body on Monday that U.S. accusations that Beijing forced companies to hand over technology as a cost of doing business in China were groundless. Read the full story
Chinese scientists are running simulated tests at a faster rate than America as world’s leading powers develop arsenal of ‘usable’ next-generation weapons Read the full story
If the summit goes ahead, which remains uncertain, it could also feature the South Korean president. Read the full story
People watch a TV report at Seoul railway station on May 25, 2018 in Seoul, South Korea. US and North Korean officials are holding talks in the Demilitarized Zone (DMZ) to continue planning a summit between President Donald Trump and North Korean leader Kim Jong Un. Trump cancelled the J une 12 summit in Singapore last week, but since softened his stance. The White House has said its "pre-advance team" will leave for Singapore to organize logistics as planned. The US is still preparing for a Read the full story
Japanese Prime Minister Shinzo Abe said on Monday he would seek to convince President Donald Trump that Japanese carmakers have created jobs and made huge contributions to the U.S. economy. Read the full story
China will host Iranian President Hassan Rouhani next month at a regional summit in a Chinese coastal city, the country's foreign ministry said on Monday, as major power scramble to save Iran's nuclear deal after the United States pulled out. Read the full story
Asian markets were mixed in early Monday trade, with the decline in oil prices weighing on energy stocks in the region. Read the full story
Trouble will soon blow over if the current spike in the US dollar proves short-lived. Happily, there are good reasons to believe that it will Read the full story
Researchers show palpable excitement about the new possibilities open to them, but others fear for academic freedom Read the full story
Germany seeking deal to end EU-U.S. trade dispute
Reuters
Germany is seeking to end a dispute between the United States and the European Union over President Donald Trump's decision to impose high tariffs on steel and aluminum imports, Economy Minister Peter Altmaier said on Monday. Read the full story
Italy's president is expected to ask a former International Monetary Fund official on Monday to head a stopgap government amidst political and constitutional turmoil, with early elections looking inevitable. Read the full story
Elmar Hellendoorn Global Governance, Europe If Europe wants to secure its fate, then it will have to balance European idealism with a renewed realism. President Donald Trump’s abrogation of the Iran agreement indicates again that progressive Europe is increasingly less relevant to the world. At the same time, the world of power politics has an increasing influence upon Europe. Originally, Realpolitiker Konrad Adenauer and Charles de Gaulle wanted to build Europe as a power bloc that could Read the full story
FILE PHOTO - U.S. President Donald Trump shake hands with Britain's Prime Minister Theresa May during the World Economic Forum (WEF) annual meeting in Davos Thomson Reuters British Prime Minister Theresa May will urge U.S. President Donald Trump to avoid protesters in central London during his UK visit in July and instead meet her at her country residence, the Sun newspaper reported on Sunday. The details of the plan will be given to the White House by Kim Darroch, British ambassador to the Read the full story
The tech industry is fighting a pending measure that’s even stricter than the recently enacted G.D.P.R. It’s called the ePrivacy Regulation. Read the full story
Those in the industry ask the PM to ensure they will continue to be able to hire EU workers. Read the full story
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GLOBAL/NEWS/INFO
More than 220,000 pounds of Spam recalled over oral injuries
CBS News
Four consumers complained about metal objects in the food Read the full story
How a mailed check for $112 got cashed for $3,500: The new 'fishing' scheme
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Subtropical Storm Alberto moves to gatecrash Memorial Day outings
CNNSubtropical Storm Alberto is disrupting plans for Memorial Day barbecues and beach outings in Alabama, Florida and Mississippi, as the storm continues to churn north through the Gulf of Mexico. Read the full story
What Does Social Security Look Like Today?
The Motley FoolPutting estimates aside, here's what America's most important social program looks like right now. Read the full story
OIL/COMMODITIES/ENERGY
Gold dips on revived hopes of US-North Korea summit
Gold prices fell on Monday on revived hopes of a U.S.-North Korea summit, while a strong dollar also weighed on the market.
Read more: https://www.cnbc.com/2018/05/
Gold Prices Fall on Easing Geopolitical Tensions
Investing.com© Reuters. Gold weighed down as geopolitical tensions ease Read the full story
Gold / Silver / Copper Prices - Weekly Outlook: May 28 - June 1
Investing.com© Reuters. Gold prices end the week near $1,300 Read the full story
Oil slumps as OPEC, Russia look to raise output amid US surge
Oil prices slumped on Monday, extending steep declines from Friday, as Saudi Arabia and Russia said they may increase supplies.Read more: https://www.cnbc.com/2018/05/
Oil prices could soon 'spike' toward $100 a barrel regardless of OPEC and Russia, strategist says
CNBCA total shutdown in Venezuelan production could soon prompt oil prices to skyrocket toward $100 a barrel, one strategist told CNBC Monday. Read the full story
Oil Prices Sink Further As OPEC, Russia Mull Output Boost
Investing.com© Reuters. Oil starts the week in negative territory Read the full story
Oil prices are falling fast. Here's why
CNN MoneyOil prices have been slumping since Friday when Saudi Arabia indicated a willingness to pump more oil into global markets. Read the full story
BANKS/BANKING/CREDIT
Credit card rewards may stop existing soon
New York Post
The days of credit card users getting just about anything and everything in rewards are over, as issuers gird for choppy earnings. “There’s no question that banks are concerned about the credit card rewards arms race eating into their profits,” said Matt Schulz, an analyst with CreditCards.com. “Credit card issuers are grappling with an uneasy future,” according to Bill Hardekopf, the founder of LowCards.com. “So some of the side perks, not the cash rebates, are disappearing.” For instance, card Read the full story
This year is the 10th anniversary of the global financial crisis. To mark the occasion, the US Congress has dismantled some of the regulations put… Read the full story
Britain could sell a 10 percent stake in Royal Bank of Scotland as soon as this week, Sky News reported on Monday, citing banking sources. Read the full story
UN agency for children, World Bank distribute cash to nearly 1.5 million families in war-battered Yemen to avert famine Read the full story
New York Post
The days of credit card users getting just about anything and everything in rewards are over, as issuers gird for choppy earnings. “There’s no question that banks are concerned about the credit card rewards arms race eating into their profits,” said Matt Schulz, an analyst with CreditCards.com. “Credit card issuers are grappling with an uneasy future,” according to Bill Hardekopf, the founder of LowCards.com. “So some of the side perks, not the cash rebates, are disappearing.” For instance, card Read the full story
The US is doing exactly what it should not on banking rules
QuartzThis year is the 10th anniversary of the global financial crisis. To mark the occasion, the US Congress has dismantled some of the regulations put… Read the full story
Britain could sell 10 percent stake in RBS as soon as this week: Sky News
ReutersBritain could sell a 10 percent stake in Royal Bank of Scotland as soon as this week, Sky News reported on Monday, citing banking sources. Read the full story
UN, World Bank give cash to Yemen's neediest to avert famine
ABC NewsUN agency for children, World Bank distribute cash to nearly 1.5 million families in war-battered Yemen to avert famine Read the full story
TREASURIES/BONDS/STOCKS
Economic Calendar: Top Things To Watch
Investing.com
Economic Indicators May 28, 2018 09:29 GMT Investing.com - U.S. markets are closed Monday for the Memorial Day holiday. Earnings are due from Salesforce.com (NYSE:CRM) (Tuesday), Broadcom (NASDAQ:AVGO) (Wednesday) and Costco Wholesale (NASDAQ:COST) (Thursday). The first reading on gross domestic product in the first quarter is released on Wednesday.Crude oil markets are awaiting weekly inventory data from the API (Wednesday) and the EIA (Thursday).Look for reports on the PCE price index, as well Read the full story
© Reuters. Top 5 things to know today in financial markets Read the full story
Despite geopolitical tensions, the major averages closed the week in positive territory. Read the full story
Traders work on the floor of the NYSE in New York Thomson Reuters By Hideyuki Sano TOKYO (Reuters) - U.S. stock futures rose on Monday on signs that the United States and North Korea are still working towards holding a summit next month, while oil prices extended losses on expectations of more supply from major producers. The euro edged up from a 6-1/2-month low but is seen vulnerable after efforts to form a coalition government in Italy, the currency bloc's third-biggest economy, collapsed over Read the full story
Investing.com
Economic Indicators May 28, 2018 09:29 GMT Investing.com - U.S. markets are closed Monday for the Memorial Day holiday. Earnings are due from Salesforce.com (NYSE:CRM) (Tuesday), Broadcom (NASDAQ:AVGO) (Wednesday) and Costco Wholesale (NASDAQ:COST) (Thursday). The first reading on gross domestic product in the first quarter is released on Wednesday.Crude oil markets are awaiting weekly inventory data from the API (Wednesday) and the EIA (Thursday).Look for reports on the PCE price index, as well Read the full story
Top 5 Things To Know In The Market On Monday
Investing.com© Reuters. Top 5 things to know today in financial markets Read the full story
What markets are closed on Memorial Day?
Fox BusinessDespite geopolitical tensions, the major averages closed the week in positive territory. Read the full story
U.S. stock futures up on North Korea, euro shaken by Italy, oil falls
Business InsiderTraders work on the floor of the NYSE in New York Thomson Reuters By Hideyuki Sano TOKYO (Reuters) - U.S. stock futures rose on Monday on signs that the United States and North Korea are still working towards holding a summit next month, while oil prices extended losses on expectations of more supply from major producers. The euro edged up from a 6-1/2-month low but is seen vulnerable after efforts to form a coalition government in Italy, the currency bloc's third-biggest economy, collapsed over Read the full story
CRYPTO'S / DIGITAL CURRENCY
Cryptocurrency Miners Make Big Promises In Small TownsNPR
Massena, N.Y., has hemorrhaged factory jobs over the past decade. Now, digital currency mining firms have come to town, promising jobs and investment. Read the full story
Bitcoin Bears Still in Charge But Indecision Could Open Doors for Rally
CoinDesk
While the odds are still stacked in favor of bitcoin's bears, marketplace exhaustion may have provided a chance for a brief rally. Read the full story
Bitcoin still a buy despite recent losses says blockchain venture capitalist
CNBC
Bitcoin is still a buy despite continued losses, says blockchain venture capitalist. Here's why. Read the full story
Bitcoin: Crypto Card Game’ Doesn’t Require Real Bitcoin To Play
International Business Times
What if you were given a chance to go all in on Bitcoin and invest numerous amounts of the cryptocurrency in everything you want? Well, there’s a chance for you to do this when you play Two Stupid Investors’ (real name of developer) “Bitcoin: The Crypto Card Game.” Two Stupid Investors recently launched a Kickstarter campaign for their card game that’s inspired by the Bitcoin fad. Read the full story
Cryptocurrency exchange Bithumb to block trading in 11 countries
TNW
Increased regulatory oversight on cryptocurrency trading is driving exchanges to take extreme measures. After Bitfinex and Poloniex, Bithumb is taking additional measures to ensure anti-money laundering (AML) compliance with its country's laws. Bithumb — the world's fifth largest cryptocurrency exchange by trading volume — is banning the use of its platform across 11 countries, the... Read the full story
CURRENCIES
© Reuters. Euro reverses gains as renewed Italy fears weigh Read the full story
Forex - Euro Gains as Italy Coalition Crumbles, Dollar Lower
Investing.com
© Reuters. Euro gains as Italy coalition crumbles, dollar lower Read the full story
Euro crawls off 6-1/2-month lows, Italian political woes limit bounce
The euro crawled off a 6-1/2-month low against the dollar on Monday, catching its breath after last week's steep decline.
INSURANCE / HEALTH
New Method for Finding Disease-Susceptibility Genes, Study Finds
Scicasts
Scicasts
Daejeon, South Korea (Scicasts) — A new study, affiliated with UNIST has recently presented a novel statistical algorithm, capable of identifying potential disease genes in a more accurate and cost-effective way. This algorithm has also been considered as a new promising approach for the identification of candidate disease genes, as it works effectively with less genomic data and takes only a minute or two to get results. This breakthrough has been conducted by Professor Dougu Nam and his Read the full story
Hip-replacement technique gets patients back on their feet sooner
CBC NewsUnlike traditional hip replacements, with incisions through either a patient's side or back, Toronto-based orthopedic surgeon Dr. Amir Khoshbin is performing the operation through the front and using a special surgical table to aid that approach. The result, he says, is a speedier recovery. Read the full story
How to achieve 'functional fitness' in middle age without injuring yourself
CNNEasing back into excercise for many in midlife means "listening" to you body and finding a fitness professional who understands your challenges. Read the full story
10 Common Signs and Symptoms of Depression—and When to Get Help
ByrdieLet's talk about this. According to the National Alliance on Mental Illness, approximately 18.5% of adults in the United States experience mental illness every year. That's a significant portion of our population—one in five people—yet the stigma and misunderstanding that surround mental health remain. If you are feeling symptoms of depression, talk to your doctor to learn more about treatment options. We throw around the phrase "I'm depressed" to describe a stressful situation at work or the Read the full story
IL-6 level linked to poor prognosis in small cell lung cancer
Medical HeraldResearchers believe that IL-6 is a novel prognostic marker for small cell lung cancer. Lung cancer starts when cells of the lung become abnormal and begin to grow out of control. Small cell lung cancer (SCLC), which is sometimes called oat cell cancer is about 10% to 15% of lung cancers. Most patients are diagnosed... Read the full story
I tried a science-backed eating plan tied to a better mood and longer life — and never felt like I was dieting
Business InsiderI tried the Mediterranean diet, a whole-foods meal plan based on vegetables, fish, and healthy fats like those from olive oil and avocados. The plan has been linked to benefits like a lower risk of disease, a healthier mind, and reduced symptoms of depression. I learned a lot while trying the regimen, and I'd like to stick with it for a long time. You could say I've been around the diet block. I've been vegan, restricted my eating to an eight-hour window as part of an intermittent fast, and Read the full story
USA/CANADA
U.S. record oil exports bite into Russia, OPEC market share in Asia
Business Insider
FILE PHOTO: Automobiles speed past an oil refinery as they travel down a major highway in Carson, California Thomson Reuters By Florence Tan SINGAPORE (Reuters) - Record crude oil volumes exported from the United States will be heading to Asia in the next couple of months to take another piece of the market away from Russia and producers in the Organization of the Petroleum Exporting Countries (OPEC). The United States is set to export 2.3 million barrels per day (bpd) in June, of which 1.3 Read the full story
Asia-Pacific executives see improving US business climate as some of the fire goes out of the China trade dispute
South China Morning PostA survey finds that 62 per cent of chief financial officers in the Asia-Pacific are optimistic over the US business environment, though they also see a risk that tensions with China could suddenly flare up again Read the full story
Watch Insane Flooding in Baltimore Suburb Streets
PopCulture.comEllicott City, a western suburb of Baltimore, Maryland, was put under a state of emergency on Sunday after torrential rain left the town with massive flooding. WBAL meteorologist Tony Pann reported the town received eight inches of rain in a very short amount of time on Sunday afternoon. Numerous citizens have been posting videos of the flooded streets since the storm began. "Water keeps rising, this is like 6 feet at least," one Twitter user wrote. "I really hope no one is on ground level right Read the full story
Storms swamp Memorial Day revelers from Florida to Maryland
NBC NewsSubtropical storm Alberto was taking aim at the Gulf Coast, while a separate storm system caused "potentially catastrophic" flooding in Maryland. Read the full story
Lava From Hawaii's Kilauea Volcano Has Reached a Geothermal Power Plant
TIMELava reached the property overnight and was within 200 yards of the nearest well Read the full story
The Fed is relying on skewed data that makes a 'B-' economy look like an A+, a market watcher warns
CNBCBianco Research's James Bianco says social media is skewing economic data. Read the full story
As clock ticks, doubts grow over Kinder Morgan's Canada oil pipe expansion
As a hard deadline set by Kinder Morgan Canada Ltd for scrapping a key pipeline expansion looms, there is growing doubt among investors, contractors and government officials about reaching a deal to save the C$7.4 billion ($5.7 billion) project. Read the full story
Chinese investment in Canadian oil shows bigger isn’t always better
South China Morning PostAn under-the-radar approach that avoids public criticism has helped smaller, private mainland investors succeed where the state behemoths have largely failed Read the full story
EMERGING MARKETS
EU wants new Venezuela elections, prepares more sanctions
ABC News
ABC News
European Union foreign ministers are calling for new presidential elections in Venezuela and are preparing more targeted sanctions against those close to President Nicolas Maduro Read the full story
Desperate for jobs, Venezuelan immigrants turn to ride-hailing services across Latin America
TechCrunchMatthew Carpenter-Arévalo Contributor ... Read the full story
Trump admin separates families at border, blames Dems
MSNBCFederal agencies admitted they lost nearly 1,500 children under the Trump administration. Attorney General Jeff Sessions said the law dictates kids will be separated from their parents crossing the border. However, President Trump blamed the policy on... Read more Read the full story
Trump blames Democrats for border policy separating immigrant children from parents
ABC NewsThe president blames Democrats for children being taken from parents at border. Read the full story
MIDDLE EAST
Qatar tells stores to take Saudi products off their shelves
CNN Money
Qatar has ordered retailers to stop selling products from Saudi Arabia and other countries that severed ties with it almost a year ago. Read the full story
Abu Dhabi's Gulf Capital eyes deals in Saudi - Gulf Business
Gulf BusinessThe company is looking to invest in consumer-led sectors and renewable energy The post Abu Dhabi’s Gulf Capital eyes deals in Saudi appeared first on Gulf Business. Read the full story
What Did Our Generation Learn in Iraq and Afghanistan?
The Daily BeastThe link between national sacrifice and war-making has become increasingly foreign. It was once essential. Read the full story
Namibia: Train Derails, Spills Fuel
AllAfrica
A train derailed yesterday morning on its way from Walvis Bay to Otjiwarongo and spilled part of its fuel load, TransNamib spokesperson Ailly Hangula-Paulino announced this afternoon. She said there were no injuries, but that the freight train's derailment caused a spillage. "The train had two locomotives, three container wagons and 14 loaded fuel tankers. Eleven tankers derailed, four capsised and two had spillage. The TransNamib civil maintenance team, Otjiwarongo municipality and Namibian Read the full story
Intermittent fuel shortages experienced in some parts of the country in the past week are expected to disappear after the Reserve Bank of Zimbabwe (RBZ) increased foreign currency allocations for fuel to about $85 million per month, starting mid this month. The increment in foreign currency allocations for fuel, which is about 50 percent compared to earlier months, has been necessitated by challenges experienced by motorists and industrialists in accessing fuel in the past few weeks. Further, a Read the full story
Children under the age of five maybe facing a bleak future as the 2017 Multiple Indicator Cluster Survey, MICS, show that over 75 percent of Nigeria's children age 0 to 59 months were not fully immunized despite the fact that vaccine preventable diseases account for 40 percent of all childhood deaths in Nigeria According to the World Health Organisation, WHO, Vaccines have been one of the biggest success stories of modern medicine and it is no longer news that millions of deaths have been Read the full story
Anti-corruption group Transparency International said on Monday Nigeria's government has in the run-up to elections expanded the use of opaque $670 million-a-year funds that fuel graft. Read the full story
AllAfrica
A train derailed yesterday morning on its way from Walvis Bay to Otjiwarongo and spilled part of its fuel load, TransNamib spokesperson Ailly Hangula-Paulino announced this afternoon. She said there were no injuries, but that the freight train's derailment caused a spillage. "The train had two locomotives, three container wagons and 14 loaded fuel tankers. Eleven tankers derailed, four capsised and two had spillage. The TransNamib civil maintenance team, Otjiwarongo municipality and Namibian Read the full story
Zimbabwe: Central Bank Moves to End Fuel Crisis
AllAfricaIntermittent fuel shortages experienced in some parts of the country in the past week are expected to disappear after the Reserve Bank of Zimbabwe (RBZ) increased foreign currency allocations for fuel to about $85 million per month, starting mid this month. The increment in foreign currency allocations for fuel, which is about 50 percent compared to earlier months, has been necessitated by challenges experienced by motorists and industrialists in accessing fuel in the past few weeks. Further, a Read the full story
Nigeria: Vaccination Still Eludes 75% of Children - Report
AllAfricaChildren under the age of five maybe facing a bleak future as the 2017 Multiple Indicator Cluster Survey, MICS, show that over 75 percent of Nigeria's children age 0 to 59 months were not fully immunized despite the fact that vaccine preventable diseases account for 40 percent of all childhood deaths in Nigeria According to the World Health Organisation, WHO, Vaccines have been one of the biggest success stories of modern medicine and it is no longer news that millions of deaths have been Read the full story
Anti-corruption group says Nigeria expanding use of opaque $670 million 'slush fund'
ReutersAnti-corruption group Transparency International said on Monday Nigeria's government has in the run-up to elections expanded the use of opaque $670 million-a-year funds that fuel graft. Read the full story
What has South Africa's president achieved in first 100 days?Aljazeera
South African President Cyril Ramaphosa is marking 100 days in office. He came to power after Jacob Zuma was forced to resign after years of corruption allegations. Ramaphosa was elected by parliament in February following his victory as leader of the ruling African National Congress party in December. He made a number of promises and commitments during his first State of the Nation address, including improving the economy and fighting corruption. So how has he fared? And what challenges lie Read the full story
Running out of water can be costly. Cape Town, South Africa, is experiencing a massive drought, preparing for "Day Zero," when the city's water supply is depleted. Residents are only allowed to use 50 liters of water a day, meaning toilets go unflushed, showers are under three minutes long, and agriculture is suffering. I visited Cape Town, and saw how the drought is having significant societal consequences, including a weakened economy and rising inequality. In South Africa, a tale of two Read the full story
The US has imposed tariffs on Rwanda over an obscure import: Second-hand clothes. Read the full story
South African President Cyril Ramaphosa is marking 100 days in office. He came to power after Jacob Zuma was forced to resign after years of corruption allegations. Ramaphosa was elected by parliament in February following his victory as leader of the ruling African National Congress party in December. He made a number of promises and commitments during his first State of the Nation address, including improving the economy and fighting corruption. So how has he fared? And what challenges lie Read the full story
Cape Town is running out of water — I visited and saw what the financial problems of 'Day Zero' look like on the ground
Business InsiderRunning out of water can be costly. Cape Town, South Africa, is experiencing a massive drought, preparing for "Day Zero," when the city's water supply is depleted. Residents are only allowed to use 50 liters of water a day, meaning toilets go unflushed, showers are under three minutes long, and agriculture is suffering. I visited Cape Town, and saw how the drought is having significant societal consequences, including a weakened economy and rising inequality. In South Africa, a tale of two Read the full story
How the US and Rwanda have fallen out over second-hand clothes
BBC News USThe US has imposed tariffs on Rwanda over an obscure import: Second-hand clothes. Read the full story
ASIA
China rejects U.S. charge of 'forced technology transfer' at WTO
Reuters
China told the World Trade Organization's dispute settlement body on Monday that U.S. accusations that Beijing forced companies to hand over technology as a cost of doing business in China were groundless. Read the full story
China steps up pace in new nuclear arms race with US and Russia as experts warn of rising risk of conflict
South China Morning PostChinese scientists are running simulated tests at a faster rate than America as world’s leading powers develop arsenal of ‘usable’ next-generation weapons Read the full story
China Has Dispatched Warships to Challenge U.S. Vessels Sailing Near Disputed Islands
TIME
China's Ministry of Defense has warned the American military vessels to leave Read the full story
China calls U.S. warships in South China Sea 'a provocation'
NBC News
The Defense Ministry said the ships "undermined strategic mutual trust" and "damaged peace, security and good order in relevant waters." Read the full story
NBC News
The Defense Ministry said the ships "undermined strategic mutual trust" and "damaged peace, security and good order in relevant waters." Read the full story
Trump-Kim summit: President Moon could attend, says South Korea
BBC News USIf the summit goes ahead, which remains uncertain, it could also feature the South Korean president. Read the full story
Trump-Kim summit looks to be back on track with US and North Korean officials meeting in the DMZ
Business InsiderPeople watch a TV report at Seoul railway station on May 25, 2018 in Seoul, South Korea. US and North Korean officials are holding talks in the Demilitarized Zone (DMZ) to continue planning a summit between President Donald Trump and North Korean leader Kim Jong Un. Trump cancelled the J une 12 summit in Singapore last week, but since softened his stance. The White House has said its "pre-advance team" will leave for Singapore to organize logistics as planned. The US is still preparing for a Read the full story
PM Abe says Japan automakers contributing to U.S. economy
ReutersJapanese Prime Minister Shinzo Abe said on Monday he would seek to convince President Donald Trump that Japanese carmakers have created jobs and made huge contributions to the U.S. economy. Read the full story
China to host Iranian president amid nuclear deal doubt
ReutersChina will host Iranian President Hassan Rouhani next month at a regional summit in a Chinese coastal city, the country's foreign ministry said on Monday, as major power scramble to save Iran's nuclear deal after the United States pulled out. Read the full story
Asian markets trade mixed, with oil prices on the back foot
CNBCAsian markets were mixed in early Monday trade, with the decline in oil prices weighing on energy stocks in the region. Read the full story
Hold those fears of an Asian crisis. US$3 trillion time bomb looks like a slow burner
South China Morning PostTrouble will soon blow over if the current spike in the US dollar proves short-lived. Happily, there are good reasons to believe that it will Read the full story
Will Xi Jinping’s promise of Chinese state support for Hong Kong scientists spur innovation, or stifle it?
South China Morning PostResearchers show palpable excitement about the new possibilities open to them, but others fear for academic freedom Read the full story
EUROPE
Germany seeking deal to end EU-U.S. trade dispute
Reuters
Germany is seeking to end a dispute between the United States and the European Union over President Donald Trump's decision to impose high tariffs on steel and aluminum imports, Economy Minister Peter Altmaier said on Monday. Read the full story
Italy's president calls in former IMF official amid political turmoil
ReutersItaly's president is expected to ask a former International Monetary Fund official on Monday to head a stopgap government amidst political and constitutional turmoil, with early elections looking inevitable. Read the full story
A Call for Realism in Europe
The National InterestElmar Hellendoorn Global Governance, Europe If Europe wants to secure its fate, then it will have to balance European idealism with a renewed realism. President Donald Trump’s abrogation of the Iran agreement indicates again that progressive Europe is increasingly less relevant to the world. At the same time, the world of power politics has an increasing influence upon Europe. Originally, Realpolitiker Konrad Adenauer and Charles de Gaulle wanted to build Europe as a power bloc that could Read the full story
Theresa May to urge Trump to avoid London protests during UK visit: The Sun
Business InsiderFILE PHOTO - U.S. President Donald Trump shake hands with Britain's Prime Minister Theresa May during the World Economic Forum (WEF) annual meeting in Davos Thomson Reuters British Prime Minister Theresa May will urge U.S. President Donald Trump to avoid protesters in central London during his UK visit in July and instead meet her at her country residence, the Sun newspaper reported on Sunday. The details of the plan will be given to the White House by Kim Darroch, British ambassador to the Read the full story
The Next Privacy Battle in Europe Is Over This New Law
The New York TimesThe tech industry is fighting a pending measure that’s even stricter than the recently enacted G.D.P.R. It’s called the ePrivacy Regulation. Read the full story
Food and farming sector makes post-Brexit demands
BBC News USThose in the industry ask the PM to ensure they will continue to be able to hire EU workers. Read the full story
d
CBI, ISX, Kauaihn Chatter:
CBI Update:
http://www.cbi.iq/
The CBI for Tuesday 5/29/18 did update on the indicative rates Sell Rate 1184
The currency auction is 173,399,470
There is no news and announcements for Tuesday 5/29/18
The CBI for Tuesday 5/29/18 did update on the indicative rates Sell Rate 1184
Value Traded
654,422,602
Shares Traded
1,320,076,200
ISX ended in Red
Kauaihn Chatter:
5-28-2018 Intel Guru Dr. Clarke GET your PAPERWORK READY NOW!...in case you need SOME OF IT...You may not need all of it...BUT, you already know, you’re going to have to PROVE WHO YOU ARE, before you can Exchange. DO IT...NOW. When we said “PAPERWORK” ...we meant ALL PAPERWORK. ANY Paperwork...Your Driver’s License is Paperwork. Your Passport is Paperwork. Your Currency is Paperwork. Your “Lists” are Paperwork. Your Gift Letters are Paperwork. Your Bank Prospects, are Paperwork. Your Receipts, are Paperwork. ALL your Legal Documents are Paperwork. Your Articles of Incorporation, Trust Documents, Bank Account Verification Statements, Utility Bills, Divorce Papers, are all “Paperwork”... AND...we expect some REALLY REALLY Good News, Tues. (29th) or Wed. (30th) this week. “The TIME is very, VERY short...but has long, long, LONG-REACHING affects.”
5-29-2018 Newshound Guru chattels NOTE : Eid Al Fitr Holiday begins Friday, June 15, 2018 and ends Saturday, June 16, 2018.
5-29-2018 Newshound Guru chattels NOTE : Eid Al Fitr Holiday begins Friday, June 15, 2018 and ends Saturday, June 16, 2018.
5-28-2018 Newshound/Intel Guru Mnt Goat As part of this resulted in the IMF decided to impose a Multiple Currency Practice (MCP) monitoring on the currency for 90 days. Why did they do this? Are they concerned so much that the currency can’t hold a steady rate? No - of course not- this monitoring was imposed to intentionally hold-back any reinstatement until the FRAUD and MANIPULATION is resolved. It was their way of ensuring the plug was pulled in the RV, until at least after the elections are over and a SECURE and STABLE govt is decided upon.They will continue to hold up the RV anyway they can until they are ready to allow the CBI to do it...So the 90 day monitoring is over around mid June. [post 2 of 2]
5-28-2018 Newshound/Intel Guru Mnt Goat ...First of all when I say “RV” I am using a generic catch all term to describe any significant increase in the value worth going to the bank for exchange, and being allowed to exchange. So please don’t get caught up in the terminology so much. The dinar, we know, must first get reinstated as part of this process to even get to the any change in value. Understand? So we know that the CBI did in FACT plan an RV during this past Dec and Jan timeframe. It did NOT happen. Why? The RV did not happen because the IMF and CBI discovered massive FRAUD and MANIPULATION of the currency. This was in dealing with the currency auctions. [post 1 of 2....stay tuned]
5-28-2018 Newshound Guru Adam Montana We're currently midway through Ramadan, which typically means we expect "quiet" in the way of major news from Iraq. The bottom line is simple - it's a long holiday and they don't make major changes during a holiday that the majority of that part of the world recognizes. That doesn't mean they won't surprise us, but I think it's safe to assume we have a 2 week lull still coming. After that... game on!!!
5-28-2018 Newshound Guru Breitling …What have they [Iraq/CBI] gotten rid of so far? They’ve gotten rid of the entire 50 dinar note. And that’s why we watch the note count the way we do. It’s because they’re actually taking notes out of the market to add value to their currency. Not only that but the value of Turkey’s currency was never that great ever. With the Iraqi dinar it’s the compete opposite. It was worth $3.25 US dollars at one time. And what was the note count when it was at that value? It was at one billion physical notes. And that’s why we watch the note count the way we do. Iraq has never talked about a lop. Iraq is talking about taking physical notes out of the market and the notes that are left over absorb the value of what’s backing up that currency in the first place. It is that simple. Turkey never took any notes out of the market. Iraq is taking notes out of the market. They’ve done it two different ways and that’s what they’re doing. So that’s the difference and that’s why there is no lop… [Post 2 of 2]
5-28-2018 Newshound Guru Breitling People keep bringing up this lop stuff and it’s completely off base…in country revaluation - there’s no such thing. In country revaluations have never existed in the history of all man kind. That’s the most asinine thing I’ve ever heard. No one can show me an example of an in country revaluation. It just doesn’t work that way. They got this idea because Turkey back in the day…So what they did was they took the currency that they had and they pretend that they took three zeros off it and somehow that was going to make their economy more efficient. But it was a ruse. It was a big trick…there was no new imports. There was no new exports. There was no new nothing. But here’s the point you need to understand. They never took one note off the market. All those notes were left in the market. They just pretended the three zeros didn’t exist on them. Iraq is the compete opposite… [Post 1 of 2]
5-28-2018 Newshound Guru Breitling People keep bringing up this lop stuff and it’s completely off base…in country revaluation - there’s no such thing. In country revaluations have never existed in the history of all man kind. That’s the most asinine thing I’ve ever heard. No one can show me an example of an in country revaluation. It just doesn’t work that way. They got this idea because Turkey back in the day…So what they did was they took the currency that they had and they pretend that they took three zeros off it and somehow that was going to make their economy more efficient. But it was a ruse. It was a big trick…there was no new imports. There was no new exports. There was no new nothing. But here’s the point you need to understand. They never took one note off the market. All those notes were left in the market. They just pretended the three zeros didn’t exist on them. Iraq is the compete opposite… [Post 1 of 2]
5-28-2018 Newshound Guru G-Lin There was a change in rate today on the CBI site. It went to 1190 from 1184. It has been at 1184 for a while. Even though it is higher, the change is interesting because the auction rate is also 1190. They are the same for the first time I've ever noticed. Also that is about the same as the street rate. Are they getting ready to delete 0's? I have no idea but this is worth watching...
5-28-2018 Newshound/Intel Guru Mnt Goat ...remember this is being held by the old parliament not the newly elected one. So if they swear in new members than Sadr movement will have majority of seats. Technically, the Rules in the Constitution say that the next session of parliament following the elections must swear in the newly elected members. They may try to claim that this is a “special session” of the prior parliament. So can they really even have a session to do what they want to do and that is nullify the elections results? Can you see how this is NOT the place to do this but this is really the responsibility with the Judiciary. Why does the judiciary not speak up?
Elmer:
Not in today
Artmeister:
Not in today
Catnip:dd
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ARTICLE 1 (from PM Abadi's website; posted on both the Arabic and English sides)
Prime Minister Dr. Haider Al-Abadi heads a ministerial energy committee meeting
Prime Minister Dr. Haider Abadi on Monday chaired a meeting of the ministerial energy committee.
The meeting witnessed a broad discussion of the decrease in the supply of electricity to citizens and the reasons for this decrease and speeding up the solution of all problems to re-supply the citizens with electricity, especially in the month of Ramadan.
The Minister of Electricity gave a detailed explanation on the status of electric power and the addition of new units of Basmaya and others and maintenance work to enter the stations respectively and supply fuel to the stations.
On another topic, the use of oil reservoirs by the two pipelines and pipelines, the distribution of oil products and the renewal of the contract of the well services of Al Ahdab oil field was discussed.
The project was also referred to the expansion of Nasiriyah oil field to the Council of Ministers, as well as tender for the design, processing and construction of the central station in Majnoon field
Prime Minister 's Media Office
28 May 2018
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ARTICLE 2
URGENT Election commission warns parliament of civil war
2018/5/29 12:21 • 31 times read
[Ayna-Baghdad]
The Independent Electoral Commission (IECI) on Tuesday warned of a civil war in Iraq, a day after the House of Representatives called for the cancellation of elections abroad and conditional voting for displaced people in four provinces.
The head of the electoral constituency in the Electoral Commission Riad Badran said in a press statement that "there is a risk to try to coup on the election results announced by the Commission earlier."
Badran said that "the coup against the election results may lead to civil war in the country, noting that" the law does not allow the cancellation of elections abroad, which demanded by the parliament. "
The House of Representatives voted on Monday in a special session on a parliamentary decision to cancel the elections abroad and conditional voting in the IDP camps in Anbar, Salahuddin, Nineveh and Diyala because evidence was available to falsify the will of the voters except the votes of minorities covered by the quota and the counting and manual counting less than 10% of the ballot boxes in the electoral centers and in case of proven variation of 25% of what has been sorted and promised manually, the counting and sorting manually for all provinces and provide political entities and immediately electronic copy and photocopies of ballot papers and election results.
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ARTICLE 3
The opening of 6 educational buildings in the city of Basmaya residential
BAGHDAD - May 29 - The Ministry of Education, in coordination with the Baghdad Provincial Council, has opened 6 educational buildings within the city of Basmaya, with the readiness to build other schools after identifying the land allocated to them in the corridors of the complex to create a suitable study environment for our students.
The Ministry of Information said that "the ministry and through its directorate in the second Rusafa / Department of Education of cities opened 6 new educational buildings were distributed between primary and secondary and kindergartens in the complex Basmaya housing to accommodate the students of families registered on apartments in the complex," adding that "the ministry The Department of Education has allocated the enrollment of students and students to the families living in the compound. The opening of the project is a successful step to encourage the construction of integrated community complexes that will serve the community, and will be equipped with modern educational means that provide the student with a good learning environment. The receipt of education 4 schools earlier in the National Investment Commission, supervising the construction of the residential complex Basmajh. " The Basmaya residential project is one of the largest development projects in terms of area, which includes the construction of 100 thousand housing units. AH
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ARTICLE 4
Arrest of an emergency order in the capital Baghdad on charges of bribery
BAGHDAD, Iraq - May 29 - The Inspector General of the Ministry of Interior said on Tuesday that "the Detective Detect Unit of the Baghdad Inspection Directorate carried out an arrest warrant against the commander of the Ninth Baghdad Emergency Regiment on the grounds of receiving confessions about him being involved in blackmailing the facilitators in Baghdad. Alawi area ".
He added in a statement that "the arrest was against the background of the confession of one of the commissioners attributed to the regiment to his command, which was seized the day before yesterday by the Office of the Inspector-General clothed blackmailing owners Bastayat (Aljnabr) money for their occupancy areas of the sidewalk in the area of Alawi in central Baghdad , And that the Commissioner admitted that the amounts collected by the owners of Bastiyat handed over to the commander of the regiment, which is a lieutenant colonel and based on the confessions of the Commissioner has issued a judge investigating the Court of Rusafa Alkhfar arrest warrant for the commander of the 9th Baghdad Emergency Regiment according to Resolution 160 amended in 1983 and handed over to the authorities Competent ". Ending
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ARTICLE 5
Rafidain reopens its branch in Saqlawiya after reconstruction and rehabilitation
2018/5/29 9:57
[Ayna-Baghdad]
Rafidain Bank announced the reopening of its branch in Saqlawiyah in Anbar province to provide banking services to citizens.
"The branch of Saqlawiya was opened in the presence of a number of officials, dignitaries and tribal sheikhs after its reconstruction and rehabilitation," the bank's media office said in a statement received by the agency All Iraq.
He pointed out that "the opening of the branch in the province will contribute significantly to revive the economic movement after the stagnation of the paralyzing trade movement, which will greatly reduce the burden of employees and citizens in the whole of Anbar.
ARTICLE 6
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Newspaper: Iran told Pakistan to transfer America to Baghdadi to its border with Afghanistan
Iran warned Islamabad of the spread of elements of the organization "Daqash" on the border between Pakistan and Afghanistan, noting that US forces transferred the leader of the terrorist organization, Abu Bakr al-Baghdadi, there.
"A senior Iranian official told a delegation led by Pakistani Attorney General Ishtar Usaf that Iran has credible intelligence reports that the United States has reported elements of the Islamic State Organization and urged its terrorist leader al-Baghdadi to" Afghanistan ".
"The official said that the United States and Israel intend to turn Pakistan and Iran into Syria, Iraq, Libya and Afghanistan."
She explained that "a delegation led by Ishtar visited Iran at the invitation of the Iranian Attorney General Mohammed Jafar Montazeri, two weeks ago, to discuss several issues related to the judiciary in both countries."
"Pakistan's foreign minister has repeatedly questioned the presence of the Islamic state in Afghanistan, and Russia and Tajikistan have expressed concerns about the United States' support for Daish," the paper said.
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