Monday, July 16, 2018

WOTS Monday 7/16/18

WOTS Monday 7/16/18





WOTS Monday 7/16/18:
 
Forex Rates: 
 
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,162.0000  1,213.4000 1,162.0000 1,162.0000 1,162.0000  0.0000 20:00
 USD/VND  22,602.3000  23,287.4000 22,602.3000 22,602.3000 22,602.3000  0.0000 20:00
 USD/CNY  6.6741  6.6791 6.7042 6.6631 6.6942  -0.0201 06:50
 USD/KWD  0.3019  0.3039 0.3027 0.3017 0.3027  -0.0008 06:50
 GBP/USD  1.3261  1.3263 1.3273 1.3224 1.3227  0.0034 06:51
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  14,371.3000  14,382.9000 14,455.3000 14,356.5000 14,373.0000  -1.7000 06:46
 
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DC NY Iraq Articles:dddddd
 
Baghdad trade: cutting the Internet and international roads suspend financial and trade sectors
 
 
Baghdad's Trade: Cutting Internet and International 

16-07-2018 01:09 PM

Baghdad Chamber of Commerce member Zia al-Kaabi said on Monday that banks and financial transfer companies have started operations in Baghdad and the south of the country, but without interest, especially as the work systems are suspended and there is no contact with the financial system in banks and their branches.
 
Al-Kaabi said in a press statement that the same applies to commercial companies, transport and export offices, considering that the Interneb was a major engine.
 
Al-Kaabi added that there were losses estimated at about one million dollars due to the interruption of the service of the World Wide Web, pointing out that the demonstrations caused a decrease in the volume of trade exchange with Kuwait and Iran through the Shalamjah port in Basra in addition to the losses caused by the suspension of a number of airlines flights to the airports of Najaf and Basra International.
 
Allawi calls for the formation of a rescue government in Iraq
 
 
16/07/2018
 
Called Vice President Iyad Allawi, to form a government to save the country and calm the situation and hold new and fair elections.
 
Allawi said in a statement issued by his media office, "Iraq is going through a crisis, perhaps the most serious, intensified after the recent elections, which was marred by many issues and appeals."
 
Allawi said that "because of the repercussions that have occurred in addition to the fear of the features of the return of terrorism and extremism, and the lack of resolution of the problem between Baghdad and Arbil in a serious and radical, there is a need for real treatments today to form a government to save the country and calm the situation and hold new and fair elections.
 
"The rescue government we are calling for will be the last attempt to deal with the crisis situation in the country, to be a government capable of fulfilling the needs of the citizens. It is their responsibility to achieve stability and to find immediate solutions to the most important problems in the country and to bring Iraq to a situation that will reassure every citizen he said.

 
Sistani solidarity with the demonstrators
 
 
Protests in southern Iraq continue for the seventh day in a row
Source: BASRA (Reuters)
Date: 16 July 2018
 
Iraqi police sources said that their forces fired into the air to disperse hundreds of protesters as they tried to storm the building of the province of Basra, yesterday, wounding seven demonstrators in the seventh day of unrest in the cities of southern Iraq because of the deterioration of the level of services, In Iraq, Ali Sistani, for his solidarity with the protesters. The growing anger puts Prime Minister Haidar al-Abadi in a difficult position at a time he hopes for a second term when Iraqi politicians form a new coalition government after the May 12 parliamentary elections, similar to fraud.
 
The unrest in Basra has reinforced the belief that Iraqi leaders rarely live up to their promises of a better future.
Some protesters tried to storm the building," a police source said. We prevented them from using water cannons and tear gas. "
Nineteen members of the security forces were injured in clashes with protesters who threw stones at a local government headquarters.
 
Iraq's Grand Ayatollah Ali al-Sistani expressed his solidarity with the protesters and said they faced "a severe shortage of public services." Sistani is rarely involved in politics but has a significant influence in public opinion.
 
Security forces also confronted protests about four kilometers from the Zubair oilfield run by Eni near Basra. Police sources said 19 people were wounded, three of them by live ammunition.
 
Twenty-one members of the security forces were wounded after protesters threw stones and bricks at them.
Internet services in the country have also sharply declined.
Last Friday, protesters stormed the international airport in the holy city of Najaf, which has religious shrines and temporarily suspended air traffic.
 
Royal Jordanian Airlines said in a statement yesterday that it had suspended four flights a week to the Iraqi city of Najaf because of the security situation at its airport, and Fly Dubai followed suit.
Iranian television said yesterday that the planned route of Iranian flights to the Iraqi city of Najaf will be diverted to Baghdad. 
 
 
Loss of one million dollars and the decline in the volume of trade exchange .. The most prominent effects of disruption of the Internet
 
http://translate.googleusercontent.com/translate_c?depth=2&hl=en&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=http://www.thebaghdadpost.com/ar/story/112669/%25D8%25AE%25D8%25B3%25D8%25A7%25D8%25B1%25D8%25A9-%25D9%2585%25D9%2584%25D9%258A%25D9%2588%25D9%2586-%25D8%25AF%25D9%2588%25D9%2584%25D8%25A7%25D8%25B1-%25D9%2588%25D8%25AA%25D8%25B1%25D8%25A7%25D8%25AC%25D8%25B9-%25D8%25AD%25D8%25AC%25D9%2585-%25D8%25A7%25D9%2584%25D8%25AA%25D8%25A8%25D8%25A7%25D8%25AF%25D9%2584-%25D8%25A7%25D9%2584%25D8%25AA%25D8%25AC%25D8%25A7%25D8%25B1%25D9%258A-%25D8%25A3%25D8%25A8%25D8%25B1%25D8%25B2-%25D8%25AA%25D8%25A3%25D8%25AB%25D9%258A%25D8%25B1%25D8%25A7%25D8%25AA-%25D8%25AA%25D8%25B9%25D8%25B7%25D9%258A%25D9%2584-%25D8%25A7%25D9%2584%25D8%25A5%25D9%2586%25D8%25AA%25D8%25B1%25D9%2586%25D8%25AA&xid=17259,15700023,15700124,15700149,15700168,15700186,15700191,15700201,15700208&usg=ALkJrhgb64h-GVAQh3D4OD6AKBR5KKVAHA
 
July 16 2018 12:13 AM
 
Diaa al-Kaabi, a member of the Baghdad Chamber of Commerce, said that the banks and financial transfer companies have started their work in Baghdad and the south of the country, but without interest, especially as the work systems are suspended, and there is no contact with the financial system in banks and their branches.

The "Kaabi" _ in a press statement_ that the same applies to commercial companies and transport and export offices, considering that the Internet was a major engine.
He pointed out, "Kaabi", that there are losses estimated at about one million dollars due to the interruption of the service of the Web.
 
Al-Kaabi said that the demonstrations caused a decrease in the volume of trade exchange with Kuwait and Iran via the Shalamjah port in Basra, in addition to the losses caused by the suspension of a number of airlines flights to Najaf and Basra international airports. 
 
The General Electricity Distribution Company of the South agrees to terminate the Himalaya privatization contract
 
 
 
July 15 2018 11:29 PM
 
The Ministry of Electricity
 
A source familiar with the Ministry of Electricity, the General Electricity Distribution Company of the South agreed to the termination of the contract of Himalaya to privatize electricity.
 
The source added in a press statement that "the General Company for Electricity Distribution of the South agreed to the termination of the contract of Himalaya to privatize electricity in the province of Dhi Qar."
 
He pointed out that "the Ministry of Electricity has initiated the procedures for the dissolution of the contract to enter into force immediately upon signing by the ministry."
 
 
5 new deaths in the protests in Iraq and the dismissal of military leaders
 
 
Demonstrators escalate protests in Basra AFP
 
Source: Baghdad - Statement, graphic agencies: Mohammed Abu Ubaidah
 
Date: 16 July 2018
 
The protests in the cities of southern Iraq took an upward trend. Yesterday, five protesters were killed in Najaf and Samawah. Interior Minister Qasim al-Araji, the Najaf provincial police chief, was sacked hours after the prime minister, Haidar al-Abadi, , While ordered the security services not to shoot at the demonstrators.
 
Interior Minister Qasim al-Araji, the commander of Najaf province police, and Major General Alaa Gharib, director of the province's police department, dismissed hours after the prime minister dismissed the chief of the armed forces, Haidar al-Abadi, commander of the army in Basra, Major General Jamil al-Shammari.
 
Three demonstrators were killed in Smara when they tried to break into the governorate building. Two demonstrators were killed and at least eight others were injured when the Asaib Ahl al-Haq militia opened fire on protesters who tried to break into the group's headquarters in Najaf.
 
The protests in the province of Basra increased after the storming of the building of the provincial council, cutting off the road leading to it, and passing the military checkpoint, amid injuries among demonstrators and security services, as a result of clashes in front of the council building. Security forces fired heavily into the air.
 
Iraqi security authorities imposed a total curfew in Basra, Najaf and Karbala after the protests accompanied violence against demonstrators.
 
Burning a building
 
In Maysan, protesters burned a building in the city of Hungary, seized the provincial council building, burnt down party headquarters and prevented fire engines from putting out fires.
 
The demonstrators burned the headquarters of parties and militias loyal to Iran, including the ruling Dawa Party and cut off roads and bridges and stormed Najaf International Airport and stopped the movement of air traffic, in addition to storming the local government buildings in the provinces of Basra, Maysan, Dhi Qar, Wasit, Najaf and Babel, Karbala.
 
In Diwaniyah, protesters besieged the local government headquarters and clashed with police forces who tried to disperse them with water hoses.
 
Break into partisan headquarters
 
In the meantime, Abadi directed the security forces not to use live bullets to confront protestors in the southern provinces. He said during a meeting with ministers and security leaders that «peaceful demonstration right to the citizen and we respond to him, but the removal of demonstrations from the context of burning the buildings of state institutions and the streets are an attempt to bring the country back, there are bodies ready to cause chaos».
 
Cancel flights
 
For its part, airlines announced flights to Najaf International Airport after protesters stormed the buildings and control for several hours. Flydubai said on Sunday it had halted flights to the city of Najaf due to a disruption to the airport's territory until January 22. "The company is monitoring the situation," said a spokeswoman for the company, which is on a single round trip from Dubai to Najaf. Royal Jordanian Airlines also announced in a statement yesterday that it suspended four flights per week to the Iraqi city of Najaf because of the security situation at its airport. A day after Kuwait Airways decided to suspend flights to Najaf.
 
 
The return of the 3G service in Baghdad and some provinces is slow
 
 
Iraq News Now 
The time now is 12:27 AM 16/07/2018
 
Baghdad / Al-Ghad Press 
Some areas of the capital Baghdad and southern provinces witnessed Monday the return of Internet service in mobile phones (3G). 
"Some mobile phones have seen the activation of the 3G service after a delay of more than 24 hours, but the service is very poor," the Baghdad-based Al-Ghad Press reported.
 
"The service has returned in some areas of Baghdad and some areas of Najaf, Dhi Qar, Basra and Salahuddin." 
Internet services have been completely suspended in central and southern Iraq, in addition to the capital Baghdad since last Saturday, following mounting protests in Basra eight days ago and spread to provinces in the south and center.
 
Kauaihn Iraq Articles:dd
 
Separate talks with the ambassadors of Iraq, Serbia, Italy and Saudi Arabia
16/07/2018
Speaker of the House of Representatives Dr. Ali Abdul-Aal held separate talks in his office on Sunday with the ambassadors of Iraq, Serbia, Italy and Saudi Arabia accredited to the Arab Republic of Egypt. 

The House of Representatives said in a statement on Sunday that Abdel-Aal discussed with the Ambassador of Iraq recent developments in the Iraqi arena, both at the political level in the light of the recent parliamentary elections, or on the security level, especially in the post-dodging stage. 

He stressed the importance of national unity among all the Iraqi people as a guarantee for security and stability. 

In his meeting with the Ambassador of Serbia to Egypt, the two sides discussed the historical relations between the two countries and the friendship relations that have existed for more than ten decades. 

On the occasion of the 110th anniversary of the establishment of relations between the two countries, the Speaker of the House of Representatives discussed with the Serbian ambassador the expected visit to Serbia next Wednesday at the invitation of the Speaker of the Serbian Parliament. 

In his meeting with the Ambassador of Italy, Abdel-Aal stressed Egypt's deep pride in its relations with Italy and its keenness to develop these relations in all fields, especially in the parliamentary field, whether through Parliamentary Friendship Associations or through mutual visits. The two countries. 

Abdel-Aal congratulated the Italian Ambassador on the occasion of his country's hosting of the headquarters of the Parliamentary Assembly of the Union for the Mediterranean. 

The Ambassador of Saudi Arabia also received the Saudi ambassador to Egypt on the occasion of assuming his new position. The Saudi ambassador conveyed the greetings of the Saudi monarch and his heir to Dr. Ali Abdel-Aal, stressing that Egyptian-Saudi relations are witnessing the strongest stages. 
For his part, Al-Abdal welcomed the Saudi Ambassador and wished him success in his work in Egypt, stressing his readiness to provide all necessary assistance to him in order to make his mission a success. d
Kuwait's National Assembly Speaker: Parliamentary meeting tomorrow to discuss the events in Iraq
 
 
16 July 2018 corresponding to 3 Dhu al-Qa'da 1439

Kuwait's parliament speaker Marzouq al-Ghanem has held a meeting in the National Assembly's office between the deputies and the government on Tuesday to discuss a parliamentary request on Kuwait's readiness for all possible developments on the Iraqi side. 
Al-Ghanim told reporters at the National Assembly on Sunday that "at the request of a group of deputies on the latest developments in Iraq, I spoke with Acting Prime Minister Sheikh Sabah al-Hamad al-Sabah and the foreign minister and agreed to hold a meeting." 
He added that the meeting will be held in the Bureau of the Council at 11 pm Tuesday, and the call is available to all deputies to see the government actions in this direction. 
The Iraqi provinces are witnessing mass demonstrations demanding the provision of services and employment opportunities for the unemployed, as demonstrators stormed government buildings, in addition to burning the headquarters of political parties in the province. 
Protests in southern Iraq are approaching oil
Two dead and dozens wounded ... and protesters burning the headquarters of a militia affiliated with Iran
Monday - 3 November 1439 - July 16, 2018 AD Issue Number [1447
Security forces in front of demonstrators in front of a government building in Basra yesterday (Reuters)
Baghdad: «Middle East»
Anti-corruption protests in southern Iraq widened as they entered the second week yesterday, amid two deaths and scores of injuries, and attempts to break into administrative headquarters and an oil field.
A security official said two protesters were killed in clashes with security forces in the town of Samawah, adding that "hundreds of people tried to storm a court building after being shot at us." Demonstrators tried to break into the Basra governorate building in the center of the city, but the police dispersed them with tear gas canisters. Security forces responded to protests about 4 kilometers from the Zubair oilfield run by Eni near Basra. Police sources said 40 people were wounded; three were shot dead.
In the province of Dhi Qar, clashes erupted yesterday between demonstrators and police forces in front of the provincial headquarters, resulting in 15 injured demonstrators and 25 in the ranks of the police, according to local officials. In the province of Muthanna, hundreds of protesters gathered in front of the building of the province and some of them burned and destroyed parts of the headquarters, according to a security source also said that other protesters have burned the headquarters of the militias "Badr Organization" attributed to Iran.
In Najaf, a demonstration took place in the morning, but the security forces dispersed it, while a heavy deployment of "peace brigades" was observed in the streets of the city. In Karbala, demonstrators gathered at night in front of the provincial council, where clashes broke out with the security forces resulted in 30 wounded. Interior Minister Qassim al-Araji decided to dismiss the Najaf police chief and replaced him with Major General Alaa Gharib, according to Iraqi media.
Protests continued despite the government's announcement of development measures to contain the unrest. Prime Minister Haidar al-Abadi held a meeting with ministers and security officials yesterday, saying that "the Iraqis do not accept chaos and assault on the security forces, state property and private property, and those who do this are vandals who exploit the demands of citizens to cause harm." Abadi issued a statement yesterday evening, in which he asked to expand the horizons of investment and accelerate the construction in the sectors of housing, schools and services and the launch of financial allocations to the province of Basra worth 3.5 trillion dinars immediately (about $ 3 billion). 
 
Forex Rates Jump After Gov’t Stops Cheap Currency Allocation
 
Monday, July 16, 2018
 
On the order of Industries Minister Mohammad Shariatmadari, currency allocation for all goods, even those whose imports are deemed vital, has been suspended to implement a mechanism that guarantees transparency
Foreign exchange rates in the unofficial market registered gains on Sunday after the government stopped all currency allocation at the unified rate of 42,000 rials. 
The measure to suspend the allocation of cheap currency was enforced by the Ministry of Industries, Mining and Trade after reports of widespread abuse by importers were disclosed in recent days. 
The US dollar's exchange rate, which had embarked on a falling trajectory since the Central Bank of Iran launched the secondary market last week, fell below the support level of 80,000 rials. 
On Sunday, the rial was reportedly traded at around 82,000 rials in Tehran's open market.d
Khamenei calls for spiritual government to discuss economic turmouil
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Monday 16/07/2018
Iran's supreme leader Ali Khamenei called Sunday for members of President Hassan Rowhani's government to discuss the country's economic turmoil, according to the Associated Press news agency, which is close to the hardline Iranian movement.
According to private sources, the leader Ali Khamenei called on members of the government to study the issue of economic unrest closely, adding that the meeting began in the office of the guide in Tehran, in the presence of President Hassan Rowhani and ministers of his government.
On July 6, Khamenei asked Rowhani to submit a detailed and rapid report on the status of the foreign exchange and local currency market and send it to his office.
Khamenei expressed concern over recent developments in the currency market and the unprecedented collapse of the local currency (Toman) over the past few days.
The Iranian currency has been hit by an unprecedented collapse since US President Donald Trump announced in May his country's withdrawal from the nuclear deal. Foreign exchange rates soared, prompting thousands of Iranians to take to the streets and demonstrate against the regime and the government because of rising living and deteriorating economic conditions.

Iran Tourism Authority Calls for Reform in Travel Money Policies

 
Monday, July 16, 2018
 
The policies regarding the supply of foreign currency for outbound travelers have stimulated fraudulent activity provoking the ire of ICHHTO
Ali Asghar Mounesan, head of Iran’s Cultural Heritage, Handicrafts and Tourism Organization, voiced opposition to policies regarding the allocation of foreign exchange to travelers, stressing that the guidelines need to be reformed. 
“ICHHTO was against the plan from the beginning because the currency that is aimed to facilitate people’s travel is preparing the ground for fraud,” he was quoted as saying by ILNA. 
He said ICHHTO has had correspondence with the Central Bank of Iran frequently and in the latest negotiations, it was agreed that the matter be reconsidered and finalized this week. 

IMF Announces Share of Shadow Economies in GDP

Monday, July 16, 2018
The shadow economy in Jordan accounted for 17.38% of the GDP between 1991 and 2015, according to the International Monetary Fund.
In a paper titled “Shadow Economies Around the World”, the IMF showed that the kingdom’s shadow economy’s part in the GDP ranged between 13.44 and 21.12% during the 20 years targeted in the study, the report said, as cited by the Jordan news agency, Petra.
The paper, which covered 158 countries, also showed that the ratio of the informal economy to the GDP took a downtrend starting from 2004.
However, the real volume of the shadow economy might be higher than that shown in the study in some countries like Jordan, Lebanon and Turkey as the impact of hosting refugees was not measured.
At the Arab countries level, the study indicated that the shadow economy in Qatar reached 15.93%, Saudi Arabia 16.56% and in Syria 19.58%.
The ratio was found to be significantly higher in Egypt (34.24%), Morocco (34.1%), Lebanon (31.58%), Algeria (30.86%) and the UAE, where it reached 26.54% in the same time span.
The global average reached 31.9%, with the country having the smallest ratio being Switzerland, with 7.2% of the GDP, followed by Austria (8.9%), the study indicated.
The highest ratio in the world was recorded in Bolivia (62.3%) and Zimbabwe (60.6%). The decrease of the grey economy reflects the country’s ability to regulate and monitor economic activities, reduce tax evasion and therefore improve the ability to estimate the GDP with more accuracy.
By estimating the extent of tax evasion, countries are also better equipped to control it.
The total economic activity, including official and unofficial production of goods and services, is important in designing economic policies that respond to fluctuations and economic development over time and across space, according to the paper.
The study based its method on a mix of approaches which include studying sectors, currency demand and the Multiple Indicators, Multiple Causes approach.d
Kauaihn Economic Times:
 
ECONOMIC TIMES / CHATTER

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GLOBAL/NEWS/INFO
Today in History
ABC News
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National Ice Cream Day 2018 — Pics
HollywoodLife

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OIL/COMMODITIES/ENERGY
Gold / Silver / Copper Prices - Weekly Outlook: July 16 - 20
Investing.com
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The recent drop in oil prices may be just a correction
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Crude Oil Prices - Weekly Outlook: July 16 - 20
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BANKS/BANKING/CREDIT 
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USA TODAY
In 2008, identity theft was the top complaint logged by the Federal Trade Commission. Today, the number of complaints is 20% higher. Some tips on how to protect your money. Read the full story

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TREASURIES/BONDS/STOCKS
Economic Calendar - Top 5 Things To Watch This Week
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CURRENCIES
Forex - Weekly Outlook: July 16 - 20
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Axios China: Trade tension ratchets up — Yuan currency drops — Liu Xia is released to Germany — No vaping on Air China
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For Women, These 5 Diseases Have Different Risk Factors — And Here’s Why That MattersBustle
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Newsweek
11 million Americans have some form of macular degeneration. Read the full story

Heatwave causes spike in insect bite calls to NHS
BBC News US
Horsefly bites are painful and can lead to a skin infection that may require antibiotics, say doctors. Read the full story



USA/CANADA
U.S. oil boom delivers surprise for traders - and it's costlyReuters
The world's biggest oil traders are counting hefty losses after a surprise doubling in the price discount of U.S. light crude to benchmark Brent [WTCLc1-LCOc1] in just a month, as surging U.S production upends the market. Read the full story

President Trump says he has "low expectations" ahead of high-stakes Putin summit
CBS News
President Trump gave an exclusive interview to "CBS Evening News" anchor Jeff Glor in Scotland ahead of his meeting with Russian President Vladimir Putin Read the full story

Opinion: Trade war not going as Trump plans
Newsday
President Donald Trump has told us that “trade wars are good, and easy to win.” He seems to have thought that just threatening to impose tariffs would bring other countries to their knees, since those countries need access to the vast U.S. market. Read the full story

4-star general: Next round of indictments could include Americans
Shareblue Media
The Department of Justice didn't name any Americans in the indictment handed down on Friday, but according to former CIA Director Michael Hayden, there's good reason to believe that more indictments are coming — and that Americans may be among those charged. Appearing on CNN's "The Lead with Jake Tapper" on Friday, Hayden said the charges... Read the full story

US tariffs are taxing for the whole world, not just China
South China Morning Post
The United States’ unilateral imposition of 25 per cent tariffs on Chinese products worth US$34 billion damages the global economy in the short term, and strategically threatens the economic well-being of numerous other countries. Read the full story

C'est la vie: Canadians still visiting US despite trade flap
ABC News
The United States and Canada may be engaged in an escalating trade war, angering Canadians, but it doesn't seem to be having an impact on tourism this summer Read the full story




EMERGING MARKETS
U.S. plans to remove backup power generators in Puerto Rico. Officials worry it's hurricane season.
NBC News
"The Puerto Rican power grid is too fragile," said Puerto Rico Sen. Eduardo Bhatia, adding he's worried about the next "three months of vulnerability." Read the full story

Failure of imagination hindered federal Puerto Rico response amid rough hurricane season
The Washington Post
FEMA report says the three 2017 hurricanes that made U.S. landfall caught officials out of position, without necessary resources and in a communication blackout that hurt recovery. Read the full story

FEMA Has Finally Owned Up To Its Disastrous Response To Hurricane Maria In Puerto RicoBustle
It took more than half a year. In a new report released Friday, FEMA acknowledged failures in Puerto Rico during Hurricane Maria including a lack of supplies, understaffing and interruptions in supply chain delaying re-stockings. The report focuses o… Read the full story


MIDDLE EAST
Iran flights to Iraq's Najaf redirected to Baghdad: Iranian state TV
Reuters
Flights from Iran to the Iraqi city of Najaf will be diverted to Baghdad, Iran's state television reported on Sunday. Read the full story

Tear gas and water cannon fired at Iraqi protesters in Basra
Aljazeera
At least four people have been injured in the oil-rich Iraqi city of Basra after police fired tear gas and water cannon at protesters rallying for better services and employment opportunities, police and activists have said. In the latest in a week of daily protests against corruption and poor governance, hundreds of Iraqis gathered outside Basra's main provincial government building on Sunday, before the situation quickly turned violent and security forces used tear gas and water cannon. "Some Read the full story
Iraq: Protests rage over poor public services, unemployment
Aljazeera
The Iraqi government held an emergency meeting on Saturday after protests against high unemployment and a lack of basic services spread to the nation's capital, Baghdad. The National Security Council was urgently convened under the chairmanship of Prime Minister Haider al-Abadi and decided to cut internet access in the capital to prevent the unrest from spreading further, Anadolu Agency reported. Hundreds of Iraqi protesters stormed government buildings in the south of the country on Friday and Read the full story

Widespread unrest erupts in southern Iraq amid acute shortages of water, electricity
The Washington Post
Protests that began earlier this week in Basra are spreading to many other cities in the Shiite south. Read the full story


Brussels to Basra, Iraqi PM arrives to appease protesters

Abbas says 'resisting' US bids to 'impose' decisions on Palestine
TRT World
Abbas says 'resisting' US bids to 'impose' decisions on Palestine Read the full story

With Trump strategy unclear, U.S. allies turn to Moscow to secure their interests in Syria
The Washington Post
American partners fear a Trump deal with Putin at the Helsinki summit could lead to the withdrawal of U.S. troops from Syria. Read the full story
What Israel is watching during the Trump-Putin summit in Helsinki
Axios
Israeli Prime Minister Netanyahu spoke on the phone with President Trump on Saturday. Why it matters: Israel is closely following the Trump-Putin summit, which takes place Monday in Helsinki, Finland. One of the main issues in the summit will be a possible deal on the future of Syria. Israel wants Iranian forces, Hezbollah and pro-Iranian Shia militias out of Syria in any future deal. Israel is concerned about possible pullout of U.S. forces from Syria, which will allow further entrenchment of Read the full story
What's behind Saudi Arabia's arrest of religious leaders?
Aljazeera
Saudi Arabia has arrested prominent preacher and scholar Safar Al-Hawali just days after he published a book criticising the ruling family. Three of his sons - Abdul Rahman, Abdullah and Ibrahim - were also detained. Rights groups say Abdul Rahman and Abdullah were reportedly taken into custody while attending a family wedding on Wednesday. While Hawali and his son Ibrahim were arrested the following morning. Hawali became known almost three decades ago as the leader of the Sahwa movement - Read the full story
AFRICA
Ghanaian boys use cassavas to generate electricity
BBC News US
Ghanaian brothers James and Kwesi Ansah use the root vegetables to power radios and mobile phones. Read the full story
'Ghana is the future of Africa': Why Google built an AI lab in Accra
CNN
The question everyone was asking after Google announced that Google AI Lab was coming to Accra was "Why Ghana?" The answer is simple; Ghana is the future of Africa, says African tech pioneer Victor Asemota. Read the full story
South Africa: I Am Not Doing Enough Until the People of Palestine Are Free - World's Youngest Journalist
AllAfrica
(Photo: Janna Jihad/Facebook) She's the youngest registered journalist in the world and has travelled all the way from Palestine to South Africa to teach locals about her passionate fight for the freedom of her people. But 12-year-old Janna Jihad says she feels she is not doing enough. "I will only feel like I have done enough when the people of Palestine, particularly children, are free. That is why I continue sending the message so that we may live in peace," Jihad told News24. Jihad is in Read the full story
Botswana: Rare Meteorite Can Help Reveal Secrets of Outer Space
AllAfrica
A meteorite has been recovered from a remote area of Botswana. The event is one of a kind as the meteor was identified before entering the atmosphere, and its fall and retrieval documented. It's only the second time this has happened. The Conversation Africa's Moina Spooner spoke to Fulvio Franchi and Alexander Proyer about their mission to retrieve the meteorite and why it matters. Why is the find in Botswana such a big deal? Alexander Proyer: Meteorites are fragments of asteroids or comets Read the full story
Kenya: Obama's Family Village Joyfully Awaits Barack
AllAfrica
Nyang'oma Kogelo village in Siaya County has come to life as villagers await the arrival of their son, former US President Barack Obama who jets into the country on Sunday. Unlike 31 years (1987) ago when Mr Obama visited his sleepy village quietly as a young man only aged 26 to a low reception; his arrival on Monday will be a special one. During his visit to the country as President in 2015, Mr Obama recalled how his first visit was dissimilar. "The first time I came to Kenya; things were a Read the full story
Uganda: Museveni Urges UK to Drop South Sudan Sanctions
AllAfrica
(Photo: UN) President Museveni has urged the United Kingdom to drop sanctions on South Sudan because they will not help to resolve the challenges the world's youngest nation is facing. The President made the appeal while meeting the visiting UK minister for Armed Forces, Col Mark Lancaster who called on him at his Kisozi farm in Gomba District. President Museveni has argued the United Kingdom to drop sanctions on South Sudan because they will not help to resolve the challenges the world's Read the full story
Nigeria: IMF Says Nigeria's Economic Recovery Still Challenging
AllAfrica
(Photo: International Monetary Fund) The International Monetary Fund (IMF) says Nigeria's economic outlook for 2018 remains challenging as private sector lending remains low and foreign exchange inflows are mostly short-term. IMF in a statement issued in Washington on Friday by Lucie Fouda, the Fund's Press Officer, said higher oil prices and portfolio flows had helped strengthen fiscal and external buffers. It added that action on a coherent set of policies to reduce vulnerabilities and Read the full story


ASIA
U.S. military officials meet with North Koreans to discuss repatriation of war remains
The Washington Post
Transfers of the remains of U.S. soldiers were halted in 2005 amid heightened tensions between the United States and North Korea. Read the full story

After North Korea Skips Meeting Over American Soldiers' Remains, U.S. Will Try Again
TIME
This could be a chance to ease tensions between the two sides Read the full story
China learns a very American lesson on the importance of ‘public diplomacy’
South China Morning Post
Beijing realises it must reach out more to the American people rather than pinning its only hope on the elites Read the full story

Apple launches a clean energy fund in China
NBC News
The world’s first 1,000 dollar blockchain phone might arrive in November, Apple launches a 300 million dollar green energy fund in China and the latest Twitter purge means top accounts lose millions of followers.This is the week in technology. Read the full story

Chinese investment in the US has tanked, and there's no sign of it picking up anytime soon
Business Insider
Chinese acquisition and greenfield investment in the United States from January to May this year clocked in at only $1.8 billion, the lowest net value in seven years. China's foreign direct investment (FDI) dropped by 92% year-on-year in the first half of 2018. There's little chance of the number picking up anytime soon, thanks to crackdowns from both Chinese and US lawmakers. In addition to investing far less, Chinese companies are divesting at an unprecedented rate, putting their existing Read the full story



EUROPE
British PM: Trump told me to "sue the EU" over Brexit
CBS News
"What the president also said at that press conference was, 'Don't walk away. Don't walk away from the negotiations. Then you're stuck'" Read the full story

Theresa May: Back my Chequers plan or Brexit won't happen
Sky News
The Prime Minister has issued a stark warning to MPs that failure to back her plan for Brexit would risk the UK will not leaving the EU at all. Read the full story

US tariffs make China and Germany allies – until they’re not
South China Morning Post
Chancellor Angela Merkel has been a frequent flier to Beijing of late as both nations discuss how to address their trade wars with Washington, but don’t expect the accord to last Read the full story

10,000 march in Edinburgh as protests follow President Trump to Scotland
CBS News
Some 10,000 people marched through the Scottish capital while police tried to find a paraglider who flew a protest banner over the golf resort where Trump is staying Read the full story d
CBI, ISX, Kauaihn Chatter :

CBI Update:
 
 
The CBI for Monday 7/16/18 did update on the indicative rates Sell Rate 1190
The currency auction is 182,357,580
There is one news and announcements for Monday 7/16/18
1.Contractors Receivables Table (Ministry of Transport)

Receivables Table contractors (Ministry of Transport).
July 16, 2018  Document table can't be translated
The CBI for Monday 7/16/18 did not update on the indicative rates Sell Rate
ISX Update:
 
Value Traded
611,290,021
 
Shares Traded
742,609,860

ISX ended in Red
 
Kauaihn Chatter:
 
 
7-15-2018   Newshound/Intel Guru Mnt Goat   ...I believe that the CBI, the IMF and the USA are now ready to complete the monetary reform and reinstate the Iraqi dinar currency. This is at the premise of what is happening. But there are two driving factors to the stalling from this recounting process.  1.Getting rid of the Iranian influence.   2. Weeding out the corrupt members of parliament...The CBI came right out and told us they could not stop this corruption because of political implications and that most of the culprits were members of parliament. So the government needs to buy time to get this done...They were told by the CBI, the IMF and the USA to clean up this corruption...  [post 2 of 2]

7-15-2018   Newshound/Intel Guru Mnt Goat
   So, what the hell is this ongoing re-counting saga all about anyhow?  I believe this entire fiasco has been a CONSPIRACY to stall the formation of the government right from the beginning...   ...I do not think for one second that this re-counting effort was just Nori al-Maliki and his goons trying to stall the elections to buy more time so they can get a coalition together. At first it seemed that way but I do NOT believe it now...Looking at ALL THE EVIDENCE I can clearly see now this was a staged event coordinated by the existing government in power and with the Sadr Movement to stall for more time...  ...So then why did the legitimate government have to stall for more time, if it wasn’t the bad guys of Maliki at the root of this mess?...  [post 1 of 2....stay tuned]

7-15-2018   Newshound/Intel Guru BGG   ...In the end, it was a big stall.  Similar to recognizing Abadi’s characteristic approach earlier… THIS HAS BEEN MALIKI’S M.O. IN THE PAST. He creates chaos and finds himself some room to work in the middle of all the mess.   The good news? It doesn’t look like it will be the sweeping victory he was hoping for. At this point, my guess is, Maliki’s very best outcome is he lands himself some minor role in the next GOI and avoids getting hung. Which is a guess only – and likely the very best possible outcome for him. I’m not saying the odds are good for this happening. I’m only saying – this would be a win for him. Political survival.  [post 2 of 2]
 
7-15-2018  Newshound/Intel Guru BGG All credible reports on the recount result until now, have indicated very little or no deviation – and no fraud or vote tampering. .Abadi plainly said there wouldn’t be any major change in election results – he was right. There appears to be no big change in the vote count. The process couldn’t be more vetted. The UN is overseeing it for Heaven’s SAKES!! ...The short answer on all the squabble and who was making noise? EASY – look at those who were in Parliament and those who don’t have immunity now. The former political ruling class. Those who are “now out in the cold”. Parliament had several emergency meetings right before the end of their term trying to cook something up that would save their hides… some law, some vote, something…It doesn’t look like fraud. It looks more like the people just got sick and tired of being taken advantage of and voted these characters out. Not exactly – but that’s what it looks like ... IMHO...the attempts to burn the ballots boxes came out of the Maliki camp. [post 1 of 2....stay tuned]

7-15-2018  Newshound/Intel Guru tman23
 [So just to be clear do you or do you not think something will happen with the dinar to favor what we want.] My thought had always included... one way to crush the Iran regime is to raise the value of the IQD where the public pressure become to much...and it seems to be moving in that direction...I don't know what to think about dinar value BUT for sure the speculation remains the exact same from day I got in...which is more positive since after all that time still cannot say no way...it's cooked !!...were still in play!! IMO.

7-15-2018 Newshound Guru Kaperoni Maliki he's had his hand in a lot of troublesome activities over the years including stopping monetary policy reforms in 2012 so it wouldn't surprise me if he was involved in what's happening now. To be honest I wouldn't put it past Maliki being involved in the escalations and protest it prevents the formation of a government which he was going to be omitted from and more importantly stops currency reform in its tracks. ...unfortunately it looks like we're going to be several months away at best due to the political disdain amongst each other. [post 2 of 2]

7-15-2018 Newshound Guru Breitling I do have contacts in Iraq, but it’s not “Hey when is it going to revalue? What do you think the revalue is going to be?”…they don’t know that stuff...What I want to know from these people is, they have direct sources and some of them are the source, is what what type of language are they using in the Minister of Planning or the Ministry of Finance, parliament. Are they still talking about adding value to the currency? What is the language that they’re using? What are they projecting?…that’s the info I’m after. They don’t project a timeline or anything like that. I don’t need that from them and neither do you. You can pretty much figure out what they’re planning on doing if can frame up the mood they’re in.
 
7-15-2018 Newshound Guru Kaperoni I wouldn't look for a resolution in this election matter anytime soon. Maliki is now threatening a civil war if he's not the new prime minister and all of the political blocks are against him having participation in any way. Reading the news today it clearly implies it's going to get worse before it gets better. The protest, riots, and large amounts of corruption including this recent statement that the State of Law the most corrupt political bloc in Iraq this isn't going to get resolved soon. And unfortunately all of this chaos which includes Iran's economic failure, the protest are going to have a substantial effect on monetary policy including the spread. It is now highly likely that over the next several weeks Iraq will fall out of compliance if this escalates. The internet in Iraq has been shut down in an attempt to minimize any kind of escalation in these protests.
 
Elmer:
 
Not in today
 
Artmeister:
 
Not in today
 
Catnip:


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ARTICLE 1-A

Prime Minister Dr. Haider Al-Abadi: State's response to citizens is strength, not weakness

Prime Minister and Commander-in-Chief of the Armed Forces Dr. Haider Al-Abadi said that when the state responds to the citizens, it is a force, not a weakness.

He pointed out that the Iraqis do not accept chaos and assault on the security forces and state property and private property and who is doing this is a vandals who exploit the demands of citizens to cause harm.

This came during his meeting with the security ministers, heads of security apparatuses and security apparatuses, where he defended the security forces that defended the country and saved him from terrorism and liberated the land, noting that we have the stage of construction and reconstruction that need to control security.

Dr. Abadi said that peaceful demonstration is a right for the citizen and we respond to him, but to remove the demonstrations from their contexts by burning the buildings of state institutions, cutting streets, burning tires and attacking the security forces is an attempt to bring the country back.

He called on all security services to be ready because terrorism wants to exploit any event or dispute, stressing the importance of security and intelligence work.

He pointed out that the directives to the security services are not to use live weapons to confront unarmed citizens, noting that the non-use of live bullets does not mean not to address the need to do and do not do it is considered a coup.

He pointed out that the most peaceful protesters and there are few want to sabotage and use the demands of the demonstrators to cause harm, the vandals took place yesterday by striking a power line with protection and this harm to the citizen and the state.

"We do not want the country to be overwhelmed by political disputes," he said.

"We want to hear the citizen's voice because the living state is the one who is interacting with its citizens," he said.

Dr. Abbadi said that we will come out stronger to protect our country and listen to our citizens and strengthen our institutions.
Prime Minister 's Media Office
15 July 2018

***************
ARTICLE 1-B

Prime Minister Dr. Haider Al-Abbadi receives a telephone call from the Emir of Kuwait on July 15, 2018
Prime Minister Haidar al-Abadi received on Sunday a phone call from the Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah.

During the meeting, they discussed enhancing the bilateral relations between the two countries in various fields and praising the efforts of the Iraqi government in pursuing the remaining terrorist cells and the political and public situation in the country.

Sheikh Sabah said that the State of Kuwait is ready to provide all that would help Iraq during the coming period of construction, reconstruction and stability in addition to assistance in some projects, including water desalination in the province of Basra and other projects.

Prime Minister 's Media Office
15 July 2018

***************
ARTICLE 1-C

Statement

In light of the Prime Minister's continued contact with citizens and tribal sheikhs and to listen to their demands and follow up the ministerial committees and based on government decisions and constitutional powers, Prime Minister Dr. Haider Abadi issued the following:

1. Launch Basra Governorate allocations.
(3.5 trillion dinars is released immediately)

2. Absolute allocations are used to desalinate water, remove bottlenecks in electricity grids and provide necessary health services.

3. Provide the necessary allocations for the dismantling of electricity bottlenecks for the governorates.

4. Expand and accelerate investment prospects for construction in the housing, school and service sectors.

5. Launching functional grades to accommodate the unemployed under a fair system away from nepotism and nepotism.

6. Increasing the water releases, especially the semi-provinces of Basra, Dhi Qar, Muthana and Diwaniyah to the south of the rivers and the Ministry of Water Resources and security leaders in the provinces to prevent overflow on water quotas.

7. Resolution of the Board of Directors of Najaf Airport.

Prime Minister 's Media Office
15 July 2018

***************
ARTICLE 1-D

The return of Internet service in all parts of Iraq
2018/7/16 1:01

Note: The article posted just before that one was dated 2018/7/14 12:49.

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ARTICLE 2

7 Urgent decisions of Abadi on the demands of the demonstrators
Al - Abbadi Baghdad Post, 7-15-2018, 11:03
The outgoing Prime Minister Haider Abadi, on Sunday, 7 resolutions on the demands of demonstrations in the country, including the dissolution of the Governing Council of Najaf airport.
An informed source said that in the light of the continuation of Prime Minister Haider Abadi with citizens and clans and listen to their demands and follow-up ministerial committees, issued 7 resolutions.
He pointed out that it was also decided to use the absolute privatization of water desalination and the dismantling of bottlenecks in the electricity networks and the provision of the necessary health services. It is useful to decide to increase the water releases and in particular the fairness of the governorates of Basrah, Dhi Qar, Muthana and Diwaniyah because they are south of the rivers and the Ministry of Water Resources.
He pointed out that it will be expanded and accelerated investment prospects for construction in the housing sectors, schools and services. He also stressed that it was decided to launch degrees of employment to accommodate the unemployed in accordance with a fair system away from patronage and nepotism. The source also revealed that the Iraqi Prime Minister decided to dissolve the board of Najaf airport.

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ARTICLE 3

Masoum stresses the need to provide the services suffered by Basra
16 July 2018 09:36

President of the Republic Fuad Masoum stressed the need to provide the shortage of services in the province of Basra, the southernmost of Iraq, represented by electricity, drinking water and health, while creating job opportunities for the unemployed.

The statement said that the infallible yesterday received a delegation of heads of tribes and dignitaries of Basra province headed by Sheikh Abdul Salam al-Maliki and discussed with them the developments of the crisis experienced by the province of Basra recently and ways to address all problems to ensure the protection of the rights and interests of citizens and enhance security and stability and normal life in the province and the whole country as well To stop the escalation of the current crisis and exacerbate its consequences.

He stressed the importance of granting Basra province and its residents all attention and care to overcome the current difficulties and accelerate their economic and life development in all fields as well as solving the problems of electricity shortage, drinking water, health and social services. Which suffers from the people of the province and neighboring areas. "

He stressed the "priority to address the phenomenon of unemployment suffered by young people and poor segments of the population through increased rates of permanent and temporary employment, while giving preference to the people of the province to work with oil companies and navigational and seeking to replace Iraqi workers instead of foreigners in all possible areas within the current plans and future studied."

He pointed to the need for a permanent durable solution to the housing problems and end the suffering of the inhabitants of shantytowns and mud from the displaced and affected families, as well as address the phenomenon of worsening salt tide in the province and address the debts of Basra accumulated and final.

Masoum stressed his readiness to exert every effort to support the interests of the people of Basra, particularly in the economic, functional and environmental fields. He added that "the importance of strengthening civil peace and reinforcing the bonds of society is strengthened by strengthening the internal front and community cohesion.

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ARTICLE 4

Federal Court decides unconstitutionality of one of the articles contained in the budget law
16 July 2018 11:08

The Federal Supreme Court decided unconstitutionality of one of the articles contained in the federal budget law for the current year, where the cost of applying financial burdens up to (26) billion dinars.

The court spokesman Ayas al-Samuk said in a statement that "the Federal Supreme Court considered the case of the Council of Ministers to challenge the unconstitutionality of articles in the Federal Budget Law for the year 2018, and one of the paragraphs of that appeal provides for the House of Representatives to allocate an amount to the High Commission for Human Rights expenses Up to (26) billion dinars. "

He added that "the Federal Supreme Court found that this text was placed in the budget by the House of Representatives without reference to the Council of Ministers as required by Article (62 / II) of the Constitution and accordingly decided to rule unconstitutional article subject to appeal.

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ARTICLE 5

Maliki is using the scene threatened by civil war if not a key part in the formation of the next government
July 14 2018 02:08

Nouri al - Maliki .. His presence is a disgrace to Iraq and its role suspicious and criminal.
Maliki is exploiting the burning scene in southern Iraq to implement his threat to ignite the civil war if not major part of the formation of the next government.
We will give you the details in turn ,,,,,,,,,

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ARTICLE 6

For these reasons .. Salted nuts are a danger to your health!
Salted nuts salted nuts named Ayad
Health News

Nuts are known to have many benefits if they are raw and non-roasted, because they reduce the risk of coronary heart disease and improve the level of cholesterol in the blood. But what if the nuts are salted and toasted ... What are their risks?
Salted nuts with a high percentage of added fat and salt, can hurt health in a way that is ulcerous, especially the heart and blood vessels.
- This type of nuts increases the weight and lead to obesity, because it is considered a high-fat foods, especially if you eat with soft drinks and other types of drinks.
- Salted nuts can lead to the accumulation of plaque on the arteries, causing stiffness, which can lead to coronary heart disease.
- When roasting nuts containing amino acid asparagine at high temperature, acrylamide is formed which is carcinogenic.
- The length of storage of roasted nuts shorter than nuts raw, Vtnboa to that and do not take salted nuts after more than a month of opening the bag or packaging.

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