WOTS Friday 6/1/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,166.1000 | 1,166.1000 | 1,166.1000 | | 20:00 |
| USD/VND | | | 22,762.0000 | 22,436.0000 | 22,436.0000 | | 04:19 |
| USD/CNY | | | 6.4173 | 6.3977 | 6.4003 | | 06:21 |
| USD/KWD | | | 0.3019 | 0.3011 | 0.3019 | | 06:15 |
| GBP/USD | | | 1.3316 | 1.3255 | 1.3289 | | 06:21 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 13,923.5000 | 13,837.0000 | 13,923.5000 | | 06:21 |
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DC NY Iraq Articles:dd
The people of Alexandria in Babylon are cutting the road to Baghdad - Karbala to protest the deterioration of electricity
A security source said on Friday that dozens of people from the Alexandria area of Babil Province demonstrated to block the Baghdad-Karbala road in protest against the deterioration of electricity,
The source said that 'the demonstration was launched from the residential compound in Alexandria,' noting that 'was the transfer of the wheels on the road to Alexandria - Karbala towards the road to the Gilawiya until the end of the demonstration'.
dThe source said that 'the demonstration was launched from the residential compound in Alexandria,' noting that 'was the transfer of the wheels on the road to Alexandria - Karbala towards the road to the Gilawiya until the end of the demonstration'.
Washington: The next Iraqi government will make decisions that will determine the future of Iraq for decades
01-06-2018 09:50 AM
US envoy to the United Nations Nicky Hailey confirmed on Thursday that the next Iraqi government will make decisions that will determine the future of Iraq for decades.
"Iraqis have succeeded in holding national parliamentary elections and the Iraqi security forces have moved back from the region, calling for the protection of the polling stations in a few months," Hayley said during a session of the UN Security Council on the situation in Iraq. "This is an important moment in the history of Iraq. '.
"The Iraqi government has a hard job and requires strong leadership," she said, noting that 'her country will support Iraq on its way to a more prosperous future'
Indicating that it is necessary to respect the future Iraqi government human rights and promote them, especially after the crimes committed by the organization and advocates that the United States looks forward to partnership with the next government, which in turn allows to address the fight against terrorism and strengthen the independence of Iraqi institutions.d
The announcement of the first "Sunni" alliance and movements of al-Jibouri to form a bloc to win a share in the presidency of parliament
Friday, June 01 2018 at 12:55 pm (89 views)
Iraqi Sunni forces are trying to rearrange their papers during the negotiations to form a new government. In Baghdad, it was announced the formation of an alliance of Iraqi forces, which includes the blocs of the Iraqi masses and the Party of Solution, in addition to movements led by Parliament Speaker Salim al-Jubouri, Leading to the formation of a Sunni bloc to win the share of the component in the three presidencies.
"The MP Mahasen Hamdoun announced the formation of the Union of the new Iraqi forces, from the (block solution) led by Gamal Karbouli and (the coalition of the national masses) headed by Governor Salahuddin Ahmed al-Jubouri and includes 31 members." She pointed out that "the formation of the newborn came to be an important nucleus to defend the rights of our masses and strive to meet the requirements of the stage," and revealed the existence of "dialogues and understandings with the rest of the Sunni blocs."
The Iraqi factions seek to fill their political forces before the first session of the parliament to win one of the three presidencies where the political process since 2005 - 2006 to share the positions of the three presidencies in the following form: the Republic of the share of Kurds and ministers and Shiites and parliament to the Sunnis, He received it periodically in accordance with the provinces to install this session on the provinces of Kirkuk and Anbar to resolve the subject later.
A statement issued by the Office of the Speaker of the Parliament stated that he "recently met with a number of prominent Sunni figures to formulate a formula for forming a national bloc capable of meeting the challenges of the next phase." The meeting included the National Coalition with a number of deputies, personalities and political entities, And common agreements. "
Leader of the Sadrist movement: I do not oppose the demonstration against the privatization program of electricity
01-06-2018 11:14 AM
The leader of the Sadrist movement Moqtada al-Sadr, on Friday, expressed his position on the privatization project of electricity distribution in the country.
Sadr responded to a question that said, 'What is the position of the government cutting electricity throughout Iraq? "We are in the process of intervening to solve the problem existing between the government and the people regarding the privatization of electricity," he said, referring to his opposition to protesting against the privatization program as a people's choice. d
ERBIL — Kurdistan Region’s Peshmerga Ministry said on Thursday that the Islamic State (IS), even though said to be defeated, is now attempting to regroup and poses serious threat to certain areas across Iraq.
“Militants of the terrorist group of Daesh are reorganising themselves in small groups in areas of Mosul, Salahaddin, Kirkuk, and Diyala provinces,” said the ministry’s secretary general Jabbar Yawar, using the Arabic acronym for IS.
However, the Iraqi government, late in 2017, announced the full liberation of Iraq from the jihadists group.
Yawar told BasNews that IS has only been eliminated as a proclaimed caliphate, but its members are still active in certain areas of Iraq.
Therefore, he said, Kurdistan Region’s Peshmerga forces are always ready to react to any potential threat the extremist group could make.
We continue our anti-terrorism efforts and we maintain coordination with the [US-led] Coalition for this purpose,” the Peshmerga official added.d
Kauaihn Iraq Articles:dd
Crisis is hitting Iraq as the heat of an Iranian city rises
The executive director of Khuzestan Electricity Company said that the export of electricity to Iraq through Khuzestan province in southwestern Iran may be canceled when facing a deficit in securing the province.
In light of the export of electricity to Iraq, if the volume of electricity supply reaches a level that affects the insurance efficiency of Khuzestan province, the export operation will be canceled," Mahmoud Dasht Bizarrak told Fars News Agency.
The province of Khuzestan of the warm provinces, which exceed the temperature, 50 degrees Celsius in the summer sometimes requires strong electrical coverage.
Desht Bizerk called for the province to be given a holiday on the fourth day, if the temperature was 49 degrees Celsius for three days in a row, as well as changing working hours in the departments to rationalize consumption.
In light of the export of electricity to Iraq, if the volume of electricity supply reaches a level that affects the insurance efficiency of Khuzestan province, the export operation will be canceled," Mahmoud Dasht Bizarrak told Fars News Agency.
The province of Khuzestan of the warm provinces, which exceed the temperature, 50 degrees Celsius in the summer sometimes requires strong electrical coverage.
Desht Bizerk called for the province to be given a holiday on the fourth day, if the temperature was 49 degrees Celsius for three days in a row, as well as changing working hours in the departments to rationalize consumption.
Iran encourages investments in Iraqi Kurdistan
Arbil/ Iraq TradeLink: The Iranian Consul to Arbil Murtaza Abadi disclosed that economic experts
will meet at the consulate in Arbil to discuss mutual cooperation.
He added that studies are underway to encourage investment projects in the Kurdish region.
On the other hand, the meeting will discuss the Iranian debts in the Kurdish region, particularly for the private sector.
He called the Iranian companies that left their projects unfinished due to financial problems to contact the experts at the consulate to determine the fate of these projects.
UN May, 2018 Iraqi casualty figures
Baghdad/ Iraq TradeLink: A total of 95 Iraqi civilians were killed and another 163 injured in acts of
terrorism, violence and armed conflict in Iraq in May 2018, according to casualty figures recorded by the United Nations Assistance Mission for Iraq (UNAMI).
The figures include ordinary citizens and others considered civilian at the time of death or injury, such as police in non-combat functions, civil defence, personal security teams, facilities protection police and fire department personnel.
Of the overall figures recorded by UNAMI for the month of May, the number of civilians killed (not including police) was 86, while the number of injured (not including police) was 148.
Baghdad was the worst affected Governorate, with 117 civilian casualties (45 killed, 72 injured), followed by Diala with 9 killed and 35 injured, and Kirkuk with 20 killed and 16 injured.
According to information obtained by UNAMI from the Health Directorate in Anbar, the Governorate suffered a total of 21 civilian casualties (6 killed and 15 injured). Figures are updated until 31 May, inclusive.d
The appointment of a UN expert as head of the international investigation team for crimes in Iraq
Release Date: 2018/5/31 23:28 • 69 times scheduled
The United Nations Secretary-General, Antonio Guterres, on Thursday named British Special Envoy Karim Asaad Ahmed Khan as the head of the international investigation team into crimes that promoted Iraq.
The investigation team was established by Security Council resolution 2379 (2017), which establishes an international commission of inquiry to hold accountable elements for their crimes in Iraq.
"Khan is the first head of the investigation team, a British lawyer, and has more than 25 years of professional experience in international criminal law," UN spokesman Stephane Dujarric told a news conference at the UN headquarters in New York.
"Khan holds a bachelor's degree in law from King's College, the University of London, and many degrees and other qualifications. He studied and lectured on Islamic law and has extensive experience."
"He has served as public prosecutor and defense counsel in domestic and international criminal courts, including the International Criminal Court, the International Criminal Tribunal for Rwanda, the International Tribunal for the Former Yugoslavia, the Extraordinary Chambers in the Courts of Cambodia, the Special Tribunal for Lebanon and the Special Court for Sierra Leone."
On 21 September 2017, the Security Council unanimously adopted resolution 2379, which requested the Secretary-General of the United Nations to set up an investigation team under the chairmanship of a special adviser to support efforts to hold accountablThe International Coalition admits to killing 829 people in
"Khan is the first head of the investigation team, a British lawyer, and has more than 25 years of professional experience in international criminal law," UN spokesman Stephane Dujarric told a news conference at the UN headquarters in New York.
"Khan holds a bachelor's degree in law from King's College, the University of London, and many degrees and other qualifications. He studied and lectured on Islamic law and has extensive experience."
"He has served as public prosecutor and defense counsel in domestic and international criminal courts, including the International Criminal Court, the International Criminal Tribunal for Rwanda, the International Tribunal for the Former Yugoslavia, the Extraordinary Chambers in the Courts of Cambodia, the Special Tribunal for Lebanon and the Special Court for Sierra Leone."
On 21 September 2017, the Security Council unanimously adopted resolution 2379, which requested the Secretary-General of the United Nations to set up an investigation team under the chairmanship of a special adviser to support efforts to hold accountablThe International Coalition admits to killing 829 people in
Turkish troops enter an Iraqi village to target the PKK
(Reuters) - A Turkish military commander has entered their village to reassure them that the presence of Turkish troops is aimed at eliminating PKK militants,
In others' fields.
In others' fields.
"The commander of the Turkish army in the area of Sedkan visited our village accompanied by a number of members of the Turkish army and military vehicles," said one of the elders of the village, Abdul Razzaq Ahmed, in an interview with Alsumaria News. "The visit of the Turkish military commander came to reassure the people of the village, Poor families ".
"The Turkish military commander met with the villagers and told them that the presence of Turkish troops in the area is aimed at terrorists only," he said, referring to PKK elements. "Turkey has no greed in their territory."
"In the end of the threat of terrorism, these forces will withdraw into Turkish territory," he said.
The Turkish forces are stationed in the vicinity of the village of Bermeza, near the border of Sidkhan north of Erbil since the beginning of this year, and the village of about 300 families, where the village is witnessing the constant movement of Turkish troops, which are going about in the vicinity of the village through the establishment of military barracks and the transfer of logistical equipment through military helicopters Air strikes by Turkish military personnel and occasional military operations.
d
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GLOBAL/NEWS/INFO
Billionaire Ray Dalio: You need to quit these 2 bad habits to succeed
CNBC
CNBC
Ray Dalio, billionaire and founder of world's largest hedge fund, Bridgewater Associates, explains that to succeed you need to overcome your own ego and blind spots. To do that, you have to accept that you aren't always right. Read the full story
9 quotes from self-made billionaires that will change how you think about money and success
CNBC
Learn from those who have already made it, including Mark Zuckerberg, Elon Musk, Warren Buffett and others. Read the full story
10 Smart Things You Can Do With $1,000 Right Now
The Motley Fool
If you've got $1,000 you're looking to spend, consider these smart financial decisions. Read the full story
This 28-year-old made $2,400 in 4 months selling things online—here are her top 4 tips
CNBC
Selling your used items online to make thousands of dollars is easier than you may think, says Dallas Wolford. Read the full story
If you have one of these passports the world is quite literally your oyster
ShortList
The strongest passports to have... IN THE WHOLE WORLD Read the full story
OIL/COMMODITIES/ENERGY
Natural Gas Futures Slump Further As Eastern U.S. Seen Milder
Investing.com
Investing.com
© Reuters. Natural gas futures under pressure again Read the full story
Gold Prices Struggle to Advance Despite Dollar Slump as Bond Yields Rally
Investing.com
Commodities May 30, 2018 17:35 GMT Investing.com – Gold prices continued to oscillate around the $1,300 level as surging U.S. bond yields limited gains from a plunge in the dollar. Gold futures for June delivery on the Comex division of the New York Mercantile Exchange rose by $2.30 or 0.18%, to $1,301.30 a troy ounce. Gold prices traded in a narrow range on Wednesday as signs the Italian crisis was abating reduced safe-haven demand, triggering risk-on sentiment, offsetting support from a plunge Read the full story
Gold Inches Up as Political Worry in Italy Continues
Investing.com
© Reuters. Gold inched higher on Wednesday. Read the full story
Crude Oil Prices Settle 2.2% Higher on Report OPEC May Stick to Output Cuts
Investing.com
Commodities May 30, 2018 18:39 GMT Investing.com – WTI crude oil prices snapped their seven-day losing streak to settle higher following a report OPEC and its allies would stick to the global production-cut agreement. On the New York Mercantile Exchange crude futures for July delivery rose 2.2% $68.21 a barrel, while on London’s Intercontinental Exchange, Brent rose 2.98% to trade at $77.74 a barrel. Crude oil prices found their footing following a Reuters report, citing a Gulf source, that OPEC Read the full story
Oil Prices Stage Recovery Ahead of Inventory Data
Investing.com
© Reuters. Oil prices jump 1% as West Texas recovers part of a $5 decline Read the full story
BANKS/BANKING/CREDIT
Will China’s debt woes develop into a full-blown banking crisis?
South China Morning Post
South China Morning Post
With bonds worth more than US$3 trillion due to expire within the next 12 months, fears of a wave of defaults are growing Read the full story
This savings-account hack will give you almost 20 times what you’re earning now
MarketWatch
The average savings account pays a miserly 9 basis points a year — here’s how you can get up to 1.7%. Read the full story
Deutsche Bank US operations designated to be in 'troubled condition' by the Fed: DJ, citing sources
CNBC
The Federal Reserve has designated Deutsche Bank's U.S. business as being in "troubled condition," The Wall Street Journal reported Thursday, citing sources familiar with the matter. Read the full story
We looked at the 25 most popular cash back credit cards—here's our pick for No. 1
CNBC
Paying with plastic can save you hundreds a year, but some cards offer better deals than others. CNBC names a best cash back card overall. Read the full story
Deutsche Bank US operations designated to be in 'troubled condition' by the Fed: DJ, citing sources
CNBC
This story is developing. Read the full story
Mexico cenbank says banks may still be vulnerable to cyber attacks
Reuters
Bank of Mexico Governor Alejandro Diaz de Leon on Wednesday said no further cyber attacks on banks had been seen since May 8, but that investigators would need to finish their probe to assure banks' vulnerabilities have been addressed. Read the full story
Bank of America CEO sees second-quarter markets revenue flat vs year earlier
Reuters
Bank of America Corp Chief Executive Brian Moynihan said second-quarter markets revenue from sales and trading will likely be flat compared with a year earlier, depending on what happens in June. Read the full story
Federal Reserve grants Wall Street's biggest wish in new push to dismantle Dodd-Frank centerpiece
ThinkProgress.org
The ever-shrinking ecosystem of Wall Street safeguards now has a new endangered species, after the Federal Reserve moved to undermine a key restriction on the high-risk practice of funding a bank's wagers with the same money it would need to pay off any bets that go bad. Fed governors launched a formal overhaul of the... Read the full story
TREASURIES/BONDS/STOCKS
Stock futures flat as trade concerns temper Italy optimism
Business Insider
Business Insider
Traders work on the floor of the NYSE in New York Thomson Reuters By Medha Singh (Reuters) - U.S. stock index futures were trading flat on Thursday as optimism over Italy trying to avoid a snap election was hampered by worries of a looming trade war with the European Union. Washington is set to announce plans to slap tariffs on EU steel and aluminum imports as early as Thursday morning, sources said, while the U.S. commerce secretary said any escalation of their trade dispute would depend on the Read the full story
The US is the hottest market for trading, analyst says
CNBC
Bessemer Trust's Rebecca Patterson says the U.S. is the best market for investing. Read the full story
Day Ahead: Top 3 Things to Watch
Investing.com
© Reuters. What to watch out for in tomorrow's session Read the full story
Bond fund managed by Bill Gross has its worst day ever
CNBC
Janus Henderson Investors Global Unconstrained Bond Fund plunged by nearly 3 percent on Tuesday. Read the full story
High-yield bonds are about to collapse — and it could trigger a serious bear market
Business Insider
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) ahead of the opening bell, April 4, 2018 in New York City. The Dow dropped over 300 points on Wednesday morning after China announced new tariffs on 106 U.S. products. There is a brewing crisis in the high-yield bond market. The problem is massive illiquidity. The selling will spill over into stocks and trigger a bear market. The experts who investigate transport disasters, crimes, and terror incidents Read the full story
CRYPTO'S / DIGITAL CURRENCY
Going Up? Bitcoin Price Sets Sights on New Resistance
CoinDesk
CoinDesk
Bitcoin's corrective rally is gathering traction and may cross a key resistance hurdle soon, the technical charts indicate. Read the full story
Meet the small community bank that's become the go-to lender in the cryptocurrency world
CNBC
San Diego-based Silvergate Bank is a tiny community bank gaining a reputation as a lifeline for cryptocurrency exchanges and companies that in many cases had their accounts closed or were turned down by Wall Street banks. Read the full story
The Future of Crypto Exchanges: Decentralization Is Coming
CoinDesk
With regulatory uncertainty looming over the industry, incumbents should not feel too comfortable at the top. Read the full story
Bitcoin's influence over cryptocurrency prices could end soon, says Ripple CEO
CNBC
Cryptocurrency prices have been highly correlated with bitcoin but that influence could end soon, according to Ripple CEO Brad Garlinghouse. Read the full story
Cryptocurrency exchange draws 'unprecedented' demand: LMAX CEO
Fox News
Liquidity a key for any platform, according to David Mercer. Read the full story
Bitcoin Fights Back, But Too Early to Call Bull Reversal
CoinDesk
Bitcoin regained poised on Tuesday, climbing back to over $7,550, but the bulls still have work to do. Read the full story
CURRENCIES
The US dollar looks ‘very overbought’ at these levels, says market watcher. Play for a pullback
CNBC
CNBC
Renewed favor for safe haven assets in May has pushed the U.S. dollar to trade at its highest level of the year. Its steep run-up has set it up for a pullback, says one market watcher. Read the full story
Loonie shoots higher as Bank of Canada hints at future rate hikes
CBC News
Canada's central bank decided Wednesday to hold the line on a key interest rate, leaving its target for the overnight rate steady at 1.25% and driving up the loonie. Read the full story
Forex - Euro Rebounds from 10-Month Lows as Markets Steady
© Reuters. Euro rebounds from 10-month lows as markets steady Read the full story
Italy Pushes Euro to Fore, the Last Place Europe Wants I
The New York Times
Europe seemed to be doing so well, but now Italy is making the euro the center of a populist debate. Would Italians really leave the eurozone? Read the full story
Growing momentum to adopt Yuan as a reserve currency in Africa
African central bank leaders are currently discussing whether to hold the yuan as part of their foreign reserves, highlighting the Chinese money’s rise as one of the world’s major reserve currencies. Read the full story
INSURANCE / HEALTH
Virginia will soon adopt the Affordable Care Act's Medicaid expansion
Axios
Axios
After fighting it for four years, Virginia will soon adopt the Affordable Care Act's Medicaid expansion. Both chambers of the state legislature passed a budget bill last night that includes the expansion, which Gov. Ralph Northam is expected to sign. Why it matters: Virginia is a big state — the expansion could cover as many as 400,000 people. And it's a reminder that, even after years of exhausting political fights, health care is still a salient issue: Medicaid expansion was a key part of Read the full story
Drugs that suppress immune system may protect against Parkinson's
Science Magazine
People who take drugs that suppress the immune system are less likely to develop Parkinson's disease, according to a study from Washington University School of Medicine in St. Louis. The findings, published May 31 in Annals of Clinical and Tra.. Read the full story
Another antibiotic crisis: fragile supply leads to shortages
Reuters
Shortages of some life-saving antibiotics are putting growing numbers of patients at risk and fuelling the evolution of "superbugs" that do not respond to modern medicines, according to a new report on Thursday. Read the full story
A genetically modified organism could end malaria and save millions of lives — if we decide to use it
Vox
The debate over whether to use genetically modified mosquitoes to fight malaria, explained. Read the full story
TGen and Huntsman Cancer Institute receive $6.7 million grant to battle a hidden enemy
Science Magazine
PHOENIX, Ariz. -- May 30, 2018 -- Often what kills cancer patients is not the cancer at its original or primary site, but its spread to secondary sites within the body, through a process called metastasis. In the case of breast cancer, the tumor ofte.. Read the full story
Domestic Violence's Overlooked Damage: Concussion And Brain Injury
NPR
Women are at high risk for getting concussions from domestic violence. A neurologist and a social worker have paired up to try to get women the specific medical help and counseling that they need. Read the full story
Who pays for the “right to try” experimental medicine?
Quartz
Today, Donald Trump signed a law allowing terminally ill Americans to try experimental medications that haven’t been approved by the Food and Drug Administration (FDA).… Read the full story
USA/CANADA
Pompeo meets with Kim Jong Un's right-hand man in bid to salvage North Korea summit
NBC News
NBC News
Kim Yong Chol has been sanctioned by the Treasury over the Sony cyberattack and is accused of being behind the sinking of a South Korean navy ship. Read the full story
The top 5 most prosperous cities in the US
CNBC
RENTCafé ranked the top US cities based on increased prosperity and other signs of strong, sustained progress. Read the full story
Fed votes to roll back financial crisis-era regulations preventing big banks from risky trading
The Washington Post
The Federal Reserve's vote on changes to the Volcker Rule would be a large boost for big banks. Read the full story
EMERGING MARKETS
US metal tariffs are ‘99.9%’ done and will impact Mexico, Canada and the EU: Source
CNBC
CNBC
The United States is likely to impose steel and aluminum tariffs on Canada, Mexico and the EU Thursday, according to a source familiar with the decision. Read the full story
Trucker strike continues despite shortages of basic products in Brazil
TRT World
Trucker strike continues despite shortages of basic products in Brazil Read the full story
Opinion: The carnage in emerging markets stocks is just beginning
MarketWatch
Down 12% since its 2018 high, the iShares MSCI Emerging Markets ETF could fall another 37% when the hard landing in China arrives. Read the full story
Canada to impose sanctions on more Venezuelan officials
Business Insider
FILE PHOTO - Canadian Foreign Minister Freeland addresses the media during a meeting of the Lima Group, in Mexico City Thomson Reuters OTTAWA (Reuters) - Canada will impose targeted sanctions on 14 Venezuelan officials, adding to its previous moves to put pressure on President Nicolas Maduro's government, the foreign ministry said on Wednesday. The sanctions were in response to Venezuela's "illegitimate and anti-democratic presidential elections," it said in a statement. Earlier this month, Read the full story
Study on hurricane casualties fuels talk of statehood for Puerto Rico
Yahoo News
Critics of the federal response to Maria, comparing it to the relief efforts in Texas after Hurricane Harvey, believe it would have been more effective if the U.S. territory were a state with representation in Washington. Read the full story
FEMA spent $75 million to dock a half-empty cruise ship off Puerto Rico for 4 months
The company behind Carnival cruises got more money from the federal government in connection with hurricanes that leveled much of Puerto Rico than the amount given to Puerto Ricans to rebuild their homes over the first four months of relief efforts. When the Federal Emergency Management Agency (FEMA) needs to house support staffers providing relief... Read the full story
Americans viewed Hurricane Maria as if it was happening in another country
CNN Politics
Hurricane Maria may have killed more than 4,600 Americans in Puerto Rico, according to a recent academic report, but Americans paid a lot less attention to the storm compared to storms of similar or even lesser magnitude. Read the full story
White House defends FEMA after study finds Hurricane Maria killed 5,000 in Puerto Rico
USA TODAY
The White House on Wednesday shook off criticism of the emergency response to Hurricane Maria following a Harvard study that estimated the death toll from last year's tragedy in Puerto Rico may have reached 5,000. "We have been supportive of Gov. Rosello's efforts to ensure full accounting." Read the full story
MIDDLE EAST
Ex-Israeli spy chief: Netanyahu planned Iran strike in 2011
ABC News
ABC News
Former Israeli spy chief says Netanyahu gave order in 2011 for the military to prepare to attack Iran within 15 days Read the full story
Treasury slaps new sanctions on groups linked to Iran regime
POLITICO
It’s the latest round of sanctions targeting individuals and organizations with ties to Iran’s government following President Donald Trump’s exit from the nuclear deal. Read the full story
Israeli official flies to Russia amid reports of deal on Iran's role in Syria
NBC News
The influence of Iran and the Tehran-backed Lebanese group Hezbollah in neighboring Syria has increasingly alarmed Israel. Read the full story
Transatlantic Split Over Iran Could Become the Worst Since the Suez Crisis
Atlantic Council
European efforts to preserve the Iran nuclear agreement, coupled with US plans to impose sanctions on Iran and secondary sanctions on companies that fail to comply with those sanctions, have contributed to a dangerous divide in the Atlantic community—one that threatens an economic relationship that remains the linchpin of the world’s economy. Read the full story
Iraq: Vote fraud allegations trigger recount, fear of turmoil
Aljazeera
Iraq's electoral commission says it is cancelling the results from more than 1,000 polling stations used in this month's parliamentary vote. It says it has evidence of fraud at voting centres both in Iraq and for citizens living abroad. Iraqi MPs called for votes in the predominantly Sunni provinces of Anbar, Diyala, Salahuddin and Nineveh and all ballots cast by Iraqis living abroad to be manually recounted. The demand was supported by many Sunni politicians and others who oppose the election Read the full story
Iraq's election commission annuls thousands of votes
Aljazeera
Authorities in Iraq have annulled votes cast at more than a thousand polling stations, following allegations of fraud, including those in the Sunni-predominant provinces of Anbar, Saladin and Diyala. Iraq's Independent High Electoral Commission said in a statement on Wednesday that the decision was taken following the verification of several "red complaints", wherein gross violations affecting the outcome of elections are deemed to have taken place. The commission added that it annulled votes Read the full story
Saudis release video of crown prince in Jeddah amid questions about his whereabouts
CNN
Saudi Arabia releases video purporting to show Crown Prince Mohammed bin Salman at a meeting in Jeddah amid speculation about his well-being. Read the full story
AFRICA
Mozambique's Govt intends to finance 84 Billion deficit in the state budget
FurtherAfrica
FurtherAfrica
The Government of Filipe Jacinto Nyusi plans to increase the Internal Public Debt during the 2018 fiscal year by at least 84.2 billion meticais to finance its State Budget which is expected to continue without support from the Cooperation Partners for the third consecutive year, Verdade's Adérito Caldeira reports. Read the full story
MoneyGram adds bank account transfers in Ghana
FurtherAfrica
MoneyGram has begun supporting transfers to any bank in Ghana. Read the full story
A blockchain tour of Africa
FurtherAfrica
Blockchain technology and cryptocurrency have benefited from their inherent immunity to government regulation and interference in their proliferation across Africa. In fact, the decentralized nature of these technologies is arguably what makes them such interesting technology to apply to Africa’s unique systems. Read the full story
Zimbabwe: India Set to Extend $310m Loan for Power Plant
AllAfrica
The Indian Government has expressed willingness to extend a $310 million soft loan to Zimbabwe to finance a rehabilitation programme for Hwange Thermal Power station that would entail upgrading the plant and extending its lifespan by a further 15-20 years. The power plant has design capacity of 4 x120 megawatts and was commissioned between 1983 and 1985, meaning its lifespan expired around 2016 and has reflected in the high cost of operating the power station. Hwange Power Station is the Read the full story
First post-Mugabe election called in Zimbabwe
Sky News
Zimbabwe's first general election since Robert Mugabe was ousted in a military coup has been called for 30 July. Read the full story
ASIA
China May PMI Beats Expectations
Investing.com
Investing.com
© Reuters. Economic activity picked up in China in May Read the full story
China says reserves right to retaliate to U.S. actions against its investments
Reuters
The United States' measures against China's investments are against World Trade Organization rules, and China reserves the right to take countermeasures, the commerce ministry said on Thursday. Read the full story
Exclusive: China's free trade talks with Sri Lanka hit major hurdles
Reuters
Talks between China and Sri Lanka for a free trade agreement have hit major hurdles, mainly because Beijing will not agree to Colombo's demand for a review of the deal after 10 years, Sri Lanka's top negotiator said. Read the full story
Hong Kong developers finalists in battle for US$2.1 billion site in Shanghai shopping heartland
South China Morning Post
Shui On Land and Hongkong Land in the running for 78,256 square metre site Read the full story
Taiwan event creates headaches for Trump amid North Korea talks
POLITICO
The long-planned opening of a U.S. office complex in Taiwan – scheduled the same day as President Donald Trump's potential summit with North Korean leader Kim Jong Un in Singapore – is exacerbating tensions with Beijing. Read the full story
EUROPE
Eurozone inflation jumps higher on oil price spike
ABC News
ABC News
Official figures show that a big jump in energy prices has pushed inflation across the 19-country eurozone back to the European Central Bank's goal in May Read the full story
United States deeply concerned about EU's new privacy guidelines: Ross says
Reuters
The United States is deeply concerned that the new European Union privacy guidelines will change how companies do business, Commerce Secretary Wilbur Ross said, adding that the regulation should be implemented in a way to minimize barriers to trade. Read the full story
German Inflation Rises 2.2% in May
© Reuters. German CPI hits 2.2% in May Read the full story
Europe is building more wind and solar — without any subsidies
Vox
New renewable energy projects are expected to be profitable with little government support. Read the full story
The argument for and against a divided European Union
Business Insider
A mural in Dover, England painted by British graffiti artist, Banksy, depicts a workman chipping away at one of the stars on an EU flag. Italy's current political and economic crisis has spurred a conversation about the possibility of the demise of the eurozone. The argument for leaving: the EU has been detrimental to smaller economies, such as those of Greece and Spain, and limits countries' governments from making independent decisions. The argument for staying: keeping the EU intact provides Read the full story
U.S. Is Poised to Impose Steel and Aluminum Tariffs on European Union
The New York Times
President Trump must decide whether to go ahead with tariffs on allies like the European Union, Canada and Mexico, whose temporary exemptions to the tariffs expire Friday. Read the full story
Trump looks prepared to kick off a trade war with the European Union
Business Insider
U.S. President Donald Trump (C) walks past French President Emmanuel Macron (L) and German Chancellor Angela Merkel on his way to his spot for a family photo during the NATO summit at their new headquarters in Brussels, Belgium May 25, 2017. The Trump administration will impose steel and aluminum tariffs on imports from the European Union, according to The Wall Street Journal. The tariffs come after talks between the EU and US failed to produce an alternative trade deal. The EU is expected to Read the full storyd
CBI, ISX, Kauaihn Chatter:
CBI Update:
CBI closed on Friday and Saturday
Kauaihn Chatter:
5-31-2018 Newshound Guru Don961 We are looking for them (auctions) to be suspended ... because once the value of the reinstated dinar is on par with or greater than the value of the dollar , there will be no need for them to have a currency auction and sell so many dollars from the reserves ... Like other currencies, the dinar will be freely traded and used internationally for transactions ... currency swaps , etc . ... then the CBI reserves will increase , perhaps more gold purchased , but in any case add more value to further back and strengthen the value of Iraq's currency ... As we have been taught ... this is one of the things that will happen concurrently with the release of the 2nd article and reinstatement ... imo.
5-31-2018 Newshound Guru Adam Montana ...It's still Ramadan. The end. [Ends around the 15th of June]
5-31-2018 Newshound Guru ChrisC [new Guru] It is interesting how many spokes on the wheel are beginning to converge...Deutsche Bank is facing an imminent downgrade TODAY which most likely will trigger a derivative meltdown, CBI says all damaged bills need to be done and turned in TODAY, CBI supposedly posting some important announcement in Gazette TODAY. Is the derivative implosion cover for this event or is this event the parachute to soften the landing?
5-31-2018 Newshound/Intel Guru Mnt Goat Article: "RECOVERY OF THE IRAQI DINAR" Quote: "And that the banking sector is an important and essential role in the development and revitalization of the economic cycle..." ...so here is it in black and white, contrary to what many ...feel.Which comes first the economy or the banking sector reforms of the dinar? This article is telling us that to get the economy moving you need the banking sector and the currency reforms. Not my words but theirs and it all makes sense.
5-31-2018 Newshound Guru Adam Montana ...It's still Ramadan. The end. [Ends around the 15th of June]
5-31-2018 Newshound Guru ChrisC [new Guru] It is interesting how many spokes on the wheel are beginning to converge...Deutsche Bank is facing an imminent downgrade TODAY which most likely will trigger a derivative meltdown, CBI says all damaged bills need to be done and turned in TODAY, CBI supposedly posting some important announcement in Gazette TODAY. Is the derivative implosion cover for this event or is this event the parachute to soften the landing?
5-31-2018 Newshound/Intel Guru Mnt Goat Article: "RECOVERY OF THE IRAQI DINAR" Quote: "And that the banking sector is an important and essential role in the development and revitalization of the economic cycle..." ...so here is it in black and white, contrary to what many ...feel.Which comes first the economy or the banking sector reforms of the dinar? This article is telling us that to get the economy moving you need the banking sector and the currency reforms. Not my words but theirs and it all makes sense.
5-31-2018 Intel Guru Delta EXCHANGE RATE... IRAQI MARKET BUY & SELL:
27-May 1196 ......1193
28-May 1197 ......1193
29-May 1197...... 1195
30-May 1197...... 1193
[Delta in your opinion how long can Iraq continue the auction with only making pennies to zero cents of the sale of the dollar?] NOT FOR LONG ...I PROMISE U...ALAQ KNOWS THAT TOO...
5-31-2018 Newshound/Intel Guru Mnt Goat I will say the two main issues that Sadr wants are: 1.the clean-up of corruption and the end to double standards. He wants all politicians, at any level of govt to suffer the same consequences, if they committed a crime. 2. the second biggie for Sadr is the distribution of excess oil money (above that needed to fill the budget) to the citizens. He has supported this option all along. The constitution mandates it too. But remember this is surplus or excess oil revenue ONLY beyond what the govt needs to support its budget. [post 2 of 2]
5-31-2018 Newshound/Intel Guru Mnt Goat There is a rumor that the cleric Sadr announced the RV, Thursday, May 24, 2018. Sadr does not control the CBI or financial policy nor is he even in politics. His party called the “Sadr Movement” simply now own the majority of seats in parliament. This is where it now stands until the election results are ratified and “official” by the judiciary. He does not even want to be prime minister. He has little say in the current government. So how in hell can he announce the RV? [post 1 of 2....stay tuned]
27-May 1196 ......1193
28-May 1197 ......1193
29-May 1197...... 1195
30-May 1197...... 1193
[Delta in your opinion how long can Iraq continue the auction with only making pennies to zero cents of the sale of the dollar?] NOT FOR LONG ...I PROMISE U...ALAQ KNOWS THAT TOO...
5-31-2018 Newshound/Intel Guru Mnt Goat I will say the two main issues that Sadr wants are: 1.the clean-up of corruption and the end to double standards. He wants all politicians, at any level of govt to suffer the same consequences, if they committed a crime. 2. the second biggie for Sadr is the distribution of excess oil money (above that needed to fill the budget) to the citizens. He has supported this option all along. The constitution mandates it too. But remember this is surplus or excess oil revenue ONLY beyond what the govt needs to support its budget. [post 2 of 2]
5-31-2018 Newshound/Intel Guru Mnt Goat There is a rumor that the cleric Sadr announced the RV, Thursday, May 24, 2018. Sadr does not control the CBI or financial policy nor is he even in politics. His party called the “Sadr Movement” simply now own the majority of seats in parliament. This is where it now stands until the election results are ratified and “official” by the judiciary. He does not even want to be prime minister. He has little say in the current government. So how in hell can he announce the RV? [post 1 of 2....stay tuned]
5-30-2018 Newshound Guru Kaperoni If you didn't hear the IHEC [Independent High Electoral Commission] agreed with parliaments decision and cancelled about 1000 voting locations including abroad. Gov News. The UNSC met today to get an update on Iraq. Consensus seemed to support Iraq's democracy and formation of a new government. Despite the desire we all have to see the dinar appreciate, nothing is going to happen until the new government is formed. As well, or countdown still shows at least another 15 Days until the CBI meets the 2% requirement.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Abadi's website)
At the time this report was submitted, there were no new postings on PM Abadi's website.
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ARTICLE 2
Tweet posted on Government of Iraq twitter account:
PM @HaiderAlAbadi: Iraq is embarking on a new phase of reconstruction and
building a prosperous economy
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ARTICLE 3
After the meeting of Amiri and Sadr .. Asaib: No "veto" on the movement
BAGHDAD, June 1 (UPI) - Al-Sadigoun bloc, affiliated with Asaib Ahl al-Haq, denied that the leader of the Sadrist movement, Moqtada al-Sadr, had "vetoed" the movement.
The head of the bloc Hassan Salem, in a press statement that he / Iraqi Press / Press that "talk about the existence of (Vito) of the alliance or the leader of the Sadrist movement Moqtada al-Sadr on the movement of Asaib Ahl al-Haq, shame on health and just rumors."
Salem added that "Sadr during his meeting with the leader of the Fatah alliance Hadi al-Amiri and the leaders of the coalition, was not raised
"The meeting of Sadr with Amiri and the leaders of the conquest was friendly and good, did not put or put Sadr any (veto) on the gangs or any political forces within the Fatah Alliance."
This comes at a time when the political blocs are preparing to mobilize intensively for the sake of
The formation of the largest bloc, which in turn will form the next government, during the past few days, and the Electoral Commission for elections, has announced on Saturday, 19 May 2018, the final results of the legislative elections, topped the list, "Saron" with 54 seats,
With 48 seats, followed by the coalition of "victory" with 42 seats, followed by a coalition of "State of Law" with 26 seats, and the "Democratic Party of Kurdistan" 25 seats, while the coalition "national" 21 seats, and stream "wisdom" 20 seats, Kurdistan on 18 seats. End (1)
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ARTICLE 4
38 dead bodies of new neighborhoods of the old Mahalla in Mosul "photographer"
Ninewa - Iraq Press - June 1: Informed sources in the Civil Defense Corps to remove 38 bodies from the old neighborhoods in the city of Mosul.
Earlier this year, the Nineveh Provincial Council called on Ninewa operations to provide support for the exhumation of bodies buried under the rubble in the Al-Midan area on the right-hand side of Mosul.
"The presence of hundreds of bodies lying on the banks of the Tigris River is a serious problem on the environmental and health level among the people of the province," said Hossam al-Abbar, a member of the Nineveh Provincial Council. "We have asked for more than once the municipality of Mosul to rent boats to lift bodies on the Tigris River. Remains of the bodies, but the difficulty of conducting this process requires support from the security services in the province. " End Ah
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ARTICLE 5
FIFA officially adopts the Southwest Asian Union, including Iraq
2018/5/31 20:34
[Ayna-Baghdad]
The Southwest Asian Union (ASEAN) was officially approved Thursday, and includes the Iraqi and Saudi federations, the UAE, Kuwait, Bahrain, Oman, Yemen, India, Pakistan, Bangladesh, Maldives, Sri Lanka and Nepal.
This took place during the meeting, which included the representatives of the federations mentioned in Jeddah in the presence of the representative of governance in the International Federation FIFA.
In August, the Union will elect its president, deputies and members.
Fédération Internationale de Football Association
FIFA-Strasse 20,
P.O. Box 8044 Zurich, Switzerland
P.O. Box 8044 Zurich, Switzerland
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ARTICLE 6
An African country imposes a tax on social networking users
2018/6/1 8:42
[Where - Continue]
The Ugandan parliament passed a law imposing a tax on users of Watsab and other social networks.
Authorities said on Thursday the law was against "gossip and rumors," while critics say it was an attempt by President Yoweri Museveni's government to restrict freedom in the Internet world.
Under the law, Watsab, Twitter, Facebook and Skype users will be required to pay a daily tax of [200 Shilling Ugandan] or [50 US cents].
The law is due to enter into force in July, but did not specify the method of tax collection from users.
Members of the parliament rejected the reports, which said President Museveni, 73, followed the example of his East African counterparts, who imposed strict controls over Internet use earlier in May.
Museveni defended the new law as an important step to address the "fallout" of networking. But critics of the government say the president hopes to silence popular discontent against his regime, after he has expressed his desire to extend his stay in power.
Museveni has been in power since 1986, and in January a law abolished a constitutional provision preventing him from running for a new term in 2021 for reasons related to age.
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