WOTS Friday 8/24/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,172.0000 | 1,172.0000 | 1,172.0000 | | 20:00 |
| USD/VND | | | 23,267.5000 | 23,027.9000 | 23,027.9000 | | 03:10 |
| USD/CNY | | | 6.8897 | 6.8514 | 6.8767 | | 06:02 |
| USD/KWD | | | 0.3027 | 0.3020 | 0.3026 | | 05:59 |
| GBP/USD | | | 1.2838 | 1.2798 | 1.2810 | | 06:02 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,663.0000 | 14,617.5000 | 14,644.0000 | | 06:01 |
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DC NY Iraq Articles:dd
Moussawi confirmed during his meeting with Hakim on the need to find radical solutions to the demands of the Iraqi street
Friday, August 24, 2018 10:22 AM
The Secretary-General of the Islamic Virtue Party, Abdul-Hussain al-Moussawi, during a meeting with the head of the wisdom movement Ammar al-Hakim on the need to find radical solutions to the deviations witnessed by the country.
According to a statement by the Islamic Virtue Party and received by "Eye of Iraq News" that "the two sides discussed the political movement of the movement witnessed by the country."
During the meeting Moussaoui explained the importance of taking into account the current stage and bring the leaders of the political blocs demands of the Iraqi street to find radical solutions to the deviations witnessed by the country because of the absence of services and the spread of corruption.
The adoption of all political forces on a government program is important for the birth of a strong and honest government," Moussawi said
Khalidi calls for the continuation of popular protests and activate the "National Conference to save Iraq
Friday 24 August
Called the religious authority Jawad al-Khalisi, on Friday, to the continuation of popular demonstrations demanding rights, while calling for the activation of the "National Conference to save Iraq."
Al-Khalisi said during a Friday sermon held in the city of Kadhimiya in Baghdad and his follow-up Alsumaria News that "Basra suffers from the people of the collapse of almost complete infrastructure, which called for some of its children to appeal to the world to save it as a disaster city has reached the stage of death," calling for " The popular protest movement, and call for the restoration of Iraq's sovereign decision, and end the process of corruption and quotas imposed by the occupiers of our country. "
Al-Khalidi called for "activating the comprehensive national conference (the National Conference for the Salvation of Iraq), which takes responsibility for defending the interests of the people of Iraq, committed to the great national constants in unity, independence and the preservation of identity, after our people declared their categorical position, And through demonstrations and mass protests faced with bloody repression, instead of understanding the message as a serious input required to understand the situation and the real quest for reform and change.
He added that "denying all these facts and trying to jump on them by the miserable and morally condemnable and legal action, and popularly rejected by calling for the formation of a government, based on invalid elections and rejected by our people in the province known, will only lead to more losses and frustrations and retreat."
It is noteworthy that many of the provinces, including Basra, during the past few days witnessed mass demonstrations covering most of the regions of those provinces demanding the provision of services and job creation for the unemployed.
A leader in the alliance of slaves reveals the date of the announcement of the largest bloc
Friday, 24 August 2018 12:40 pm
Revealed the leader Sinaid in the victory alliance headed by Prime Minister Haider Abadi, the date of the announcement of the largest bloc.
Al-Sunaid said in a press statement that "the alliance of the nucleus will meet in Baghdad a high-level Kurdish delegation in the coming days to discuss the formation of the largest bloc and come out with a unified vision," stressing that "the alliance of victory is open to all political blocs."
He added that "the announcement of the formation of the largest bloc will be immediately after the Eid al-Adha," pointing out at the same time that his alliance "coherent and no existence of any splits within the ranks and what is raised from time to time about the withdrawal of personalities from victory is a disgrace."
UN investigation team begins to gather evidence of "dodging" crimes in Iraq
Friday, August 24, 2018 12:10 AM
A UN investigation team began working in Iraq this week, almost a year after the UN Security Council was formed, to collect and keep evidence of an organization calling for crimes that could amount to war crimes, crimes against humanity and genocide.
UN Secretary-General Antonio Guterres told the Security Council in a letter that the UN team led by British lawyer Karim Asad Ahmed Khan began work on August 20.
The UN Security Council voted unanimously last September at a meeting of world leaders, a resolution put forward by Britain after a year of talks with Iraq. The Security Council then asked UN Secretary-General Antonio Guterres to form a team to support local efforts to hold terrorists accountable.
According to the UN resolution in 2017, the use of evidence collected by the Panel in other courts, such as international tribunals, is determined in agreement with the Iraqi government on a case-by-case basis. The decision added that the evidence is mainly for use by the Iraqi authorities and then the competent courts at the national level.
A Turkmen call on Kurds to resolve Kirkuk by dialogue
An important change in their front-line rhetoric
Friday 24 August 2018
Kirkuk: Ihsan Aziz
In a clear change in its rhetoric, the Turkmen Front, the main party of the Iraqi Turkmen, called yesterday for Kurdish forces to dialogue to resolve the status of Kirkuk and other disputed areas.
"Our speech to the Kurdish brothers is their call to engage with the Turkmen to resolve the issue of Kirkuk and the disputed areas, as the best option for justice," said Arshad Salhi, head of the Turkmen Front Party, which is closely related to Turkey. For all components, because we are the party concerned, but recourse to other parties will not work. "
The Turkmen Front demanded that the structure of the Kirkuk office of the Electoral Commission be reconsidered before starting the provincial elections scheduled for December. "The Turkmen Front will not allow local government elections to be held in Kirkuk unless the Office of the Electoral Commission is restructured in the governorate, especially since the Supreme Committee formed by the Prime Minister, Iraq to investigate the massive fraud that permeated the recent legislative elections, ordered the dismissal of the Director of the Office of the Commission and a number of its employees and referred to the investigation by the Integrity Commission ».
The MP for the province of Kirkuk in the Iraqi parliament and the winner of the recent elections for the Patriotic Union of Kurdistan, Repoar Taha, allegations of fraud, and said that his party «fought the last parliamentary elections in the darkest and most complex circumstances, as he was not holding files administrative, security and military in the province , But won 6 parliamentary seats, which proved to local and global opinion that the Kurdish component has a broad and deep presence in Kirkuk, and thus refuted all the allegations that accused the Kurds of fraud in the previous elections, has been verified manual counting and the health and safety of our position.
UN report: "fiscal" reserves decreased but did not dry up
Friday, August 24, 2018 09:35 am
A new report by the United Nations indicates that the financial reserves of the terrorist "Da'ash" organization have declined seriously, but have not dried up, and currently amount to several hundred million dollars.
According to the new report on the danger of "da'ash" prepared by the Secretary-General of the United Nations Antonio Guterich, the terrorist organization "Da'ash" lost by 2018 the possibility of extraction of fuel, but the decline in the pace of military operations against the organization allowed him to resume entry into a number of oil fields in eastern Syria .
"In the end, oil is still a financial source of organization, and it uses crude oil extraction methods to meet its own needs and sell it in the region," Guterich said in his report.
He added that the other sources of income of the organization is to blackmail the networks of distribution of fuel, and the imposition of taxes on shops in the areas under the supervision of wholly and partly, and the kidnapping of local businessmen for ransom.
Guterich pointed out that the organization of Daedesh terrorist invested in various projects in the region and strengthened its positions in some local factories, especially in the construction, drainage, agriculture, fishing and real estate companies, including hotels.
"There are fears that the financial workers in the organization" Dahesh, "and some members of the networks of the organization may transfer their activities to neighboring countries."
Kauaihn Iraq Articles:dd
Sistani's representative: The passive employment of social networking sites has led to the disintegration of many families, divorce, isolation and turmoil
2018/08/24 12:52
Baghdad today - Karbala
The representative of the religious authority, Sheikh Mahdi Karbalai, said Friday, August 24, 2018, that the passive employment of social networking sites led to the disintegration of many families and divorce, isolation and turmoil.
Al-Karbalai said in a Friday sermon from Al-Husaini al-Husseini, which was followed by Baghdad today. "The societal phenomena that prevailed in our societies in the recent period is the addiction to the use of social networking sites and misuse, such as excessive use."
He said: "It has become a role in the formulation of a lot of ideological and political positions and the formation of views and social impressions."
He pointed out that it "has a strong impact on the moral and moral aspects," pointing out that it constitutes a "serious factor in social and cultural development and psychological, especially when these devices are available to all and even children."
He said that "it has become a threat to the social, moral and political security of the individual and society if it is not rationalized."
Abizaid Karbalai: "But it is also noticeable widespread and widespread use and negative use of many areas of life, including the dissemination of deviant ideas, and the establishment of illegal relations religiously and socially."
Party Barzani: are interested in the revival of the "Kurdistan Alliance"
2018/08/24 11:15
Baghdad today - special
On Friday, August 24, 2018, the Democratic Party of Kurdistan (PUK) said that the most important thing for the Democratic Party is to revive the Kurdistan Alliance, which missed the third parliamentary session.
Al-Jaf said in an interview with "Baghdad Today" that "we appealed for the revival of the Kurdistan Alliance, for all the Kurdish parties to reunite, and the National Union responded to it, while the other parties were waiting for the results of counting and manual counting. Now there are signs of starting talks with other opposition parties. In order to reach a unified agreement. "
"The Democratic Party demands the application of the Constitution in the spirit of law and this is sufficient and is a message to all people that the stage of mood thinking is over and the constitution should be applied in all its articles and not selective in application."
She pointed out that "the application of the Constitution in a mood by the ruling parties in Baghdad was the reason for the many problems that occurred both in the Kurdistan region or the rest of Iraq."
The former MP and leader of the Kurdistan Islamic Group, Zana Said, Tuesday (July 10, 2018), that the opposition parties in the region will announce its position on joining the "Alliance of Kurdistan united" after the announcement of the results of counting and sorting by hand.
Said said in an interview with (Baghdad today), that "after the announcement of the results in full will meet opposition parties that have a presence in the next parliament and take a decision in a society on the entry into an alliance with the two parties (Barzani parties and Talabani, the rulers in the region), or after A series of deliberations and discussions. "
He added that "the current position is still refusing to participate in an alliance with the two parties mentioned in protest against their wrong policies as well as the rigging of the elections," but added: "But after the announcement of the results will be for each incident modern."
The Democratic Party and the Patriotic Union of Kurdistan have signed a preliminary agreement on unity of position, in the negotiations with Baghdad, and not to enter into individual negotiations.
In turn, other parties in Kurdistan, which considers themselves opposition to the authority, including the Movement for Change, Justice and Democracy led by Barham Salih, the Islamic Union and the Islamic Group, held the position of the opposition and reduced the importance of the bilateral alliance between the two parties, while confirming that it would go to Baghdad by a Kurdish alliance second.
Karbala is approaching the opening of a global trade center that will revive Iraq economically
Friday August 24, 2018
The magazine " Mena Herald " Mena Herald "International economic that Iraq is about to join the rest of its neighbors from the Gulf countries in the development of commercial centers and entertainment through one of its future projects in the holy province of Karbala.
"The new project, called the Karbala Oasis Mall, will soon be established in the city, 90 km south of Baghdad, with an area of 222,873 square meters," the magazine said in a report. "This major economic move came in light of the improvement The Iraqi economy and after the issuance of a new international study reported improvement in most of its pillars and by 1.5% this year with the expectation of continuing to grow by 4.5% during 2019, which stimulates the economy of non-oil in the country as well as to increase consumer spending for citizens.
"The next vision about the Karbala Oasis project is to provide Iraq with a prominent position on the shopping map in the region," said Haitham al-Miyali, chief executive of the Karbala Oasis Investment Group in Iraq. (The stunning complexes) of modern retail space, as well as providing the necessary requirements for traders to show their brands and give the mall's leaders a unique shopping experience and in ways that will make (Karbala Oasis) the largest shopping project in this part of the world. "
"The estimated $ 65 million project will include a four-storey commercial center based on a five-zone design: the shopping center, the dining hall, the gymnasium, the cultural center and the accommodation facilities that will consist of Five Star Hotel with 12 Parha Suites and 98 Full Service Rooms "
In the race Saudi Arabia and Iraq to acquire the share of Iran in the European oil market ... Quality is Faisal
Aug 24, 2018
LONDON (Reuters) - Two of Iran's rivals in OPEC, Saudi Arabia and Iraq, are scrambling to take over the Islamic Republic's share of the European oil market by pumping similar raw materials before US sanctions aimed at halting Tehran's crude exports.
Iran will face restrictions on the energy sector from early November, after US President Donald Trump withdrew in May from the 2015 nuclear agreement, which aims to curb Tehran's nuclear program.
Iran's oil is mainly sold to refiners in China, India, Japan and South Korea, although it also has customers in Turkey and the European Union. Buyers looking for an alternative can not simply choose any ore in the market.
The International Energy Agency warned recently that "with the oil sanctions on Iran and the problems of production in other areas, the maintenance of global supplies may be a strong challenge and will come at the expense of maintaining sufficient backup capacity as a preventive factor. Consequently, the market horizon may be much calmer at this point, compared to the current time. "
A senior Iranian diplomat told OPEC on Aug. 19 that no member should be allowed to control the share of another member of oil exports, given Saudi Arabia's offer to increase production to cover any shortfall in Iran's crude supplies.
But trade flows show that in Europe at least, Saudi Arabia and Iraq have already succeeded in doing so.
Reuters data showed that Iranian oil flows to Europe had dropped 35 percent since the beginning of the year to about 415,000 bpd, while Saudi shipments have doubled, and exports from Iraq have increased 30 percent.
The refinery, in response to a question about raw materials that are likely to be an alternative to Iranian crude «Saudi crude, Basra ore and ore», and come the last two crude from Iraq and Russia, respectively.
Iraq and Saudi Arabia have boosted their oil production by 245,000 bpd since the beginning of the year, cutting their official sales price for light crude to customers in Asia.
Iran is the fifth largest oil exporter in the world, and with about 1.5 million barrels per day of supplies under threat, its customers may have to pay generously for possible alternatives.
Oil is classified mainly according to sulfur content and density relative to water, or the density index of the American Petroleum Institute.
Raw materials are rated at 35 degrees on the API's Density Index in the "light" category, while those between 25-35 degrees are considered "medium" and below 25 degrees in the "heavy" category.
Light crude is easier and cheaper to extract, transport, and easier to refine. Heavy materials, which contain more impurities such as sulfur or minerals, require additional treatments to extract high-value products.
The sulfur component is the second major indicator of classification. "Sulfur" is less than 0.5 percent, while crude is "high" sulfur where the sulfur component is higher than that. And sulfur from corrosive materials, and refineries that use more high-sulfur raw materials need more intensive maintenance.
The average of OPEC crude oil is on the US Petroleum Institute's density index at 33, while the average American crude is at 35.7. Rock oil, the fastest growing crude in the United States, is still the lightest.
And Iranian light crude is the average sulfur, which means that the American rock ore, despite its availability and low cost is not an alternative in itself. Most of the refineries around the world are equipped to consume raw materials at 32 degrees on the density index of the Petroleum Institute, according to a source in a major European refining company.
Refineries usually mix different types of materials to get the best fit.
The impact on materials with a higher sulfur content is already evident. Oil prices in the current market have generally fallen over the second half of this year, but the Russian Ural, British Fortis, and Jerasol, the Angolan, all high-sulfur ore, were the highest performers around the Atlantic basin, losing about 4 percent. Compared to losses of five to six percent for lighter and low-sulfur ore such as Norwegian إkovsk, or Bonny Light of Nigeria.
Iran will face restrictions on the energy sector from early November, after US President Donald Trump withdrew in May from the 2015 nuclear agreement, which aims to curb Tehran's nuclear program.
Iran's oil is mainly sold to refiners in China, India, Japan and South Korea, although it also has customers in Turkey and the European Union. Buyers looking for an alternative can not simply choose any ore in the market.
The International Energy Agency warned recently that "with the oil sanctions on Iran and the problems of production in other areas, the maintenance of global supplies may be a strong challenge and will come at the expense of maintaining sufficient backup capacity as a preventive factor. Consequently, the market horizon may be much calmer at this point, compared to the current time. "
A senior Iranian diplomat told OPEC on Aug. 19 that no member should be allowed to control the share of another member of oil exports, given Saudi Arabia's offer to increase production to cover any shortfall in Iran's crude supplies.
But trade flows show that in Europe at least, Saudi Arabia and Iraq have already succeeded in doing so.
Reuters data showed that Iranian oil flows to Europe had dropped 35 percent since the beginning of the year to about 415,000 bpd, while Saudi shipments have doubled, and exports from Iraq have increased 30 percent.
The refinery, in response to a question about raw materials that are likely to be an alternative to Iranian crude «Saudi crude, Basra ore and ore», and come the last two crude from Iraq and Russia, respectively.
Iraq and Saudi Arabia have boosted their oil production by 245,000 bpd since the beginning of the year, cutting their official sales price for light crude to customers in Asia.
Iran is the fifth largest oil exporter in the world, and with about 1.5 million barrels per day of supplies under threat, its customers may have to pay generously for possible alternatives.
Oil is classified mainly according to sulfur content and density relative to water, or the density index of the American Petroleum Institute.
Raw materials are rated at 35 degrees on the API's Density Index in the "light" category, while those between 25-35 degrees are considered "medium" and below 25 degrees in the "heavy" category.
Light crude is easier and cheaper to extract, transport, and easier to refine. Heavy materials, which contain more impurities such as sulfur or minerals, require additional treatments to extract high-value products.
The sulfur component is the second major indicator of classification. "Sulfur" is less than 0.5 percent, while crude is "high" sulfur where the sulfur component is higher than that. And sulfur from corrosive materials, and refineries that use more high-sulfur raw materials need more intensive maintenance.
The average of OPEC crude oil is on the US Petroleum Institute's density index at 33, while the average American crude is at 35.7. Rock oil, the fastest growing crude in the United States, is still the lightest.
And Iranian light crude is the average sulfur, which means that the American rock ore, despite its availability and low cost is not an alternative in itself. Most of the refineries around the world are equipped to consume raw materials at 32 degrees on the density index of the Petroleum Institute, according to a source in a major European refining company.
Refineries usually mix different types of materials to get the best fit.
The impact on materials with a higher sulfur content is already evident. Oil prices in the current market have generally fallen over the second half of this year, but the Russian Ural, British Fortis, and Jerasol, the Angolan, all high-sulfur ore, were the highest performers around the Atlantic basin, losing about 4 percent. Compared to losses of five to six percent for lighter and low-sulfur ore such as Norwegian إkovsk, or Bonny Light of Nigeria.
Shiite Sunni debate in Iraq against the backdrop of the formation of «the largest bloc»
Karbouli: We do not complement the number ... A leader in the «honest» threatens to return «National Alliance»
Aug 24, 2018
After the Kurdish and Sunni political forces realized the importance of their role in determining the team that will assume the task of forming the largest parliamentary bloc in Iraq, it began to "raise the ceiling of its demands" to more than (60) conditions, according to a political source beginning.
Leader of the alliance «National Axis», the Secretary-General of the party «solution», Mohammed Karbouli, confirmed that the Sunni component «not subject» to pressure in the formation of the next government.
He said in a tweet on the social networking site «Twitter»: «Mistakes of those who believe that the year« add number »in the formation of the largest bloc or the next government», pointing out that «stereotypical Sunni Arabs in 2010 or 2014 completely different from the priorities and adoptions of the Sunni Arabs in 2018 .
He pointed out that «the Sunni Arabs today are carrying a project to build a state, Iraq first and foremost», stressing that «are not subject to pressure in the formation of the next government».
It seems that the Karbouliah twinge has angered the Sadikoun bloc led by the secretary-general of the Asaib Ahl al-Haq movement, Qais al-Khazali, and pushed it to "threaten" the National Alliance.
"The imposition of conditions by the Sunnis or the Kurds on the largest bloc in forming the next government will push the Shiite blocs to return their alliance because the street will never have mercy on them," said the movement's spokesman, Naim al-Aboudi.
A member of the Sadikoun bloc (who won seven seats in the new parliament within the Fatah alliance) said that "whoever is allied with the Fatah will find him a stubborn ally, but he has rules for agreement and disagreement." He said he was "talking to everyone without compromising our principles and rights."
Leader of the alliance «National Axis», the Secretary-General of the party «solution», Mohammed Karbouli, confirmed that the Sunni component «not subject» to pressure in the formation of the next government.
He said in a tweet on the social networking site «Twitter»: «Mistakes of those who believe that the year« add number »in the formation of the largest bloc or the next government», pointing out that «stereotypical Sunni Arabs in 2010 or 2014 completely different from the priorities and adoptions of the Sunni Arabs in 2018 .
He pointed out that «the Sunni Arabs today are carrying a project to build a state, Iraq first and foremost», stressing that «are not subject to pressure in the formation of the next government».
It seems that the Karbouliah twinge has angered the Sadikoun bloc led by the secretary-general of the Asaib Ahl al-Haq movement, Qais al-Khazali, and pushed it to "threaten" the National Alliance.
"The imposition of conditions by the Sunnis or the Kurds on the largest bloc in forming the next government will push the Shiite blocs to return their alliance because the street will never have mercy on them," said the movement's spokesman, Naim al-Aboudi.
A member of the Sadikoun bloc (who won seven seats in the new parliament within the Fatah alliance) said that "whoever is allied with the Fatah will find him a stubborn ally, but he has rules for agreement and disagreement." He said he was "talking to everyone without compromising our principles and rights."
Saudi Arabia, Iran, Iraq and Oman are on the verge of leading and spiritual changes that will "revolutionize" the region
Aug 24, 2018
Four Arab funerals will determine the fate and course of the Arab world, a thesis by journalist Bobby Gosh examines in an article published by Bloomberg. He sees areas such as Iran, Oman, Saudi Arabia and Iraq as potential areas for future changes in worldly and spiritual leadership in a way that will "revolutionize" the region.
The first of Ayatollah Khamenei: (78 years) has been in office since 1989, where he noted that the reports that the state of the leader of the health is largely silent, but rumors about cancer has been spread for years. A comparison between the images of the former and current leader gives an idea of how much change has occurred and what remains of his life. But the important question is who will succeed him, and whether the next supreme leader will be as tough as Khamenei or moderate like President Hassan Rowhani? But the hardliners filled positions with conservatives and appointed close associates in important government posts. The moderate side is weak and in a fragile phase.
And the second to Salman bin Abdul Aziz, 82, who reached the throne in Saudi Arabia in 2015 and changed the plans of the throne of the throne, where he appointed his son Prince Mohammed, 31, crown prince. The new crown prince quickly consolidated his authority and today he controls all aspects of governance in the country, including the army and the oil sector. But there is resistance waiting for him. Among the local forces waiting for him is the ignored generation and the religious opposition, and many billionaires who were fined and imprisoned in a luxury hotel last fall.
The third of Ayatollah Ali al-Sistani, 87, who has been in his position since 1992. This influential religious man believes that the religious establishment has no access to politics in Iraq, but from his position in Najaf plays an indirect role in guiding millions of his followers.
The writer says his status prevented Iraq from turning into an Iranian-style religious system. In the easier scenario, his successor will be one of three who will live after him - Mohammed Said al-Hakim, Mohammed Ishaq al-Fayyad and Bashir Hussein al-Najafi.
Iran has long tried to have a prominent pro-Najaf voice, and Saddam Hussein has thwarted her attempts and then Sistani. In the case of this old man, Iran may push for the appointment of a candidate in favor of it.
Sultan Qaboos bin Said, the 77-year-old ruler of Oman, has been ruled since 1970. The Sultan is not on the list, especially since his country has tried to avoid political and social unrest in the region. For a clone. The question is not whether his successor will be able to govern the country, but whether he can play the pivotal role of Qaboos as a mediator and arbitrator in the region's conflicts. Qaboos asks to choose his successor in a sealed letter that will not be opened until he dies. Ultimately, the worst scenario is that the hardliners in Tehran, Riyadh and Najaf will dominate, and the weakness in Muscat will prevail.
The first of Ayatollah Khamenei: (78 years) has been in office since 1989, where he noted that the reports that the state of the leader of the health is largely silent, but rumors about cancer has been spread for years. A comparison between the images of the former and current leader gives an idea of how much change has occurred and what remains of his life. But the important question is who will succeed him, and whether the next supreme leader will be as tough as Khamenei or moderate like President Hassan Rowhani? But the hardliners filled positions with conservatives and appointed close associates in important government posts. The moderate side is weak and in a fragile phase.
And the second to Salman bin Abdul Aziz, 82, who reached the throne in Saudi Arabia in 2015 and changed the plans of the throne of the throne, where he appointed his son Prince Mohammed, 31, crown prince. The new crown prince quickly consolidated his authority and today he controls all aspects of governance in the country, including the army and the oil sector. But there is resistance waiting for him. Among the local forces waiting for him is the ignored generation and the religious opposition, and many billionaires who were fined and imprisoned in a luxury hotel last fall.
The third of Ayatollah Ali al-Sistani, 87, who has been in his position since 1992. This influential religious man believes that the religious establishment has no access to politics in Iraq, but from his position in Najaf plays an indirect role in guiding millions of his followers.
The writer says his status prevented Iraq from turning into an Iranian-style religious system. In the easier scenario, his successor will be one of three who will live after him - Mohammed Said al-Hakim, Mohammed Ishaq al-Fayyad and Bashir Hussein al-Najafi.
Iran has long tried to have a prominent pro-Najaf voice, and Saddam Hussein has thwarted her attempts and then Sistani. In the case of this old man, Iran may push for the appointment of a candidate in favor of it.
Sultan Qaboos bin Said, the 77-year-old ruler of Oman, has been ruled since 1970. The Sultan is not on the list, especially since his country has tried to avoid political and social unrest in the region. For a clone. The question is not whether his successor will be able to govern the country, but whether he can play the pivotal role of Qaboos as a mediator and arbitrator in the region's conflicts. Qaboos asks to choose his successor in a sealed letter that will not be opened until he dies. Ultimately, the worst scenario is that the hardliners in Tehran, Riyadh and Najaf will dominate, and the weakness in Muscat will prevail.
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Gold slips, trades below key $1,200 line as dollar trims weekly loss
MarketWatch
MarketWatch
Gold prices retreated back below $1,200 Thursday, giving up the slight boost attained after a worrying note on trade squabbles was found within the Federal Reserve’s mostly status quo policy meeting minutes. Read the full story
Gold prices fall as dollar steadies from expectations of a rise in US interest rates
Gold prices were down on Thursday as expectations of interest increases in the U.S. steadied the dollar.
old Rises on Soft U.S. Dollar, Political Woes
Investing.com
Investing.com
Gold was higher on Wednesday. Read the full story
U.S. oil edges back from 2-week peak but tighter supplies remain an issue
MarketWatch
MarketWatch
Crude-oil futures early Thursday in New York pull back slightly after putting in their highest levels in about two weeks, backed by signs of tightening U.S. crude inventories. Read the full story
US oil continues move upward as domestic inventories fall
U.S. oil prices saw more gains as the country's crude inventories fell while the international markets were cautious as a result of the ongoing U.S.-China trade conflict.
Read more: https://www.cnbc.com/2018/08/
Crude Oil Prices Settle at 2-Week Highs on Falling U.S. Crude Supplies
Investing.com
© Reuters. Crude Oil Prices rose 3% on Wednesday Read the full story
BANKS/BANKING/CREDIT
The World Bank Is About to Settle a Blockchain Bond Worth $73 Million
CoinDesk
CoinDesk
The World Bank is expected to settle its first blockchain-based bond worth $73 Million at the end of this month. Read the full story
Banks Are Becoming Obsolete in China—Could the U.S. Be Next?
Truthdig
Big banks on this side of the Pacific are watching with trepidation, as developments in China’s mobile system could indicate that significant shifts will happen in the U.S. Read the full story
JPMorgan extends Sapphire card brand to checking accounts
Reuters
JPMorgan Chase & Co is extending its Sapphire credit card brand into checking accounts at the largest U.S. bank to attract increasingly wealthy millennials as lifetime customers, it said on Wednesday. Read the full story
Got a Credit Limit Increase? Don't Forget These 7 Things
CentSai
Finding out you've received a credit limit increase is exciting for anyone, especially for new credit card holders. Whether you asked for the raise or it was simply granted to you by your card issuer, having more credit is both a blessing and a curse. While there is a lot to get excited about when... Read the full story
Your credit score will still matter, even in a world of alternative data
MarketWatch
Don’t expect newfangled data to displace the three-digit number most lenders use. Read the full story
How to Practice Safe Online Banking
Entrepreneur
With some due diligence, you won't need an army of IT experts to keep hackers out. Online banking is a double-edged sword for small businesses: It's easy and convenient, and yet it makes them vulnerable targets for cybercriminals. There are a lot of small businesses out there, and they don't all have the big budgets for IT resources or a large staff. Another potential downside is that as a small business, protection laws work differently. Small businesses may have more difficulty recovering any Read the full story
TREASURIES/BONDS/STOCKS
Longest bull market on record is cracking as 'artificial support' fades, David Rosenberg warns
CNBC
CNBC
Gluskin Sheff’s David Rosenberg detects ominous trends in the market and urges caution. Read the full story
Top 5 Things to Know in the Market on Thursday
Investing.com
© Reuters. 5 key factors for the markets on Thursday Read the full story
Wall Street's massive run is officially historic
New York Post
OK, now pop the champagne. The bull market in the S&P 500 that began in March 2009 — when Lady Gaga’s “Just Dance” was on many an iPod playlist — on Wednesday officially became the longest stock run-up since the Great Depression. The now 3,453-day bull run left the S&P at 2,861.82 — up a stunning 323 percent over nine-plus years. The widely watched index started its stampede at a spooky intraday low of 666. And while the rally hasn’t been the smoothest, the S&P 500 has chugged along through two Read the full story
3 crucial tips for anyone starting to invest
Fox News
Avoiding investing is like missing out on a $70,000 per year salary for 43 years. Here's how to avoid that mistake. Read the full story
Day Ahead: Top 3 Things to Watch
Investing.com
© Reuters. Alibaba earnings will be in focus. Read the full story
A record run — What you need to know in markets on Thursday
Yahoo Finance
Retail earnings and data on the housing markets will highlight the schedule for investors on Thursday as the bull market hits another milestone. Read the full story
The world is not ready for the next financial crisis
Axios
Ten years ago, hubristic Wall Street geniuses came this close to destroying the global economy, saved largely by the Fed feeding trillions of dollars into banks in the U.S. and around the world. Why it matters: This time, unlike in 2008 and 2009, it may be that no one comes to the rescue, given new U.S.-China tensions, frayed trans-Atlantic relations, and Trump Administration hostility to multi-lateral actions. The 2008 financial crisis is not really over: Even as the U.S. stock market bull run Read the full story
Foreigners cool on U.S. Treasuries as supply heats up
Reuters
Foreign investors are showing signs of fatigue in absorbing the supply of Treasuries that is growing due to the U.S. government's ballooning budget gap, posing a risk that bond yields will eventually spike. Read the full story
CRYPTO'S / DIGITAL CURRENCY
Bitcoin Is Trading Surprisingly Well After Another Round of SEC Rejections
Forbes Magazine
Forbes Magazine
Bitcoin is surprisingly stable after the SEC rejects another wave of ETF applications. Read the full story
Crypto Startups Are Destroying Millions of Coins – And Investors Love It
CoinDesk
Token-based startups can keep their prices strong by destroying tokens over time, but doing so may cost them markets. Read the full story
SEC rejects bitcoin ETFs
The latest rejection involves two ETFs filed by ProShares that would track bitcoin futures contracts, another from GraniteShares, and five leveraged and inverse ETFs from Direxion.
CURRENCIES
Dollar sees gains amid expectations of Fed interest rate hike
The greenback saw broad gains after the latest Fed minutes suggested a likely rise in U.S. interest rates.
Forex - Dollar Higher after Fed Minutes, Aussie Tumbles
Investing.com
Dollar higher after Fed minutes, aussie tumbles Read the full story
Dollar rises after six-day drop; pound, South African rand soften
MarketWatch
The U.S. dollar rose on Thursday, recovering after a recent period of weakness and seeing particular gains against both the British pound and the South African rand. Read the full story
US dollar drops as Federal Reserve eyes September rate hike
Fox News
FBN's Susan Li, Fairfax Global Markets CEO Paul Dietrich and former Federal Reserve advisor Danielle DiMartino Booth on how the Federal Reserve hinted that it may raise rates in September. Read the full story
Forex - Weak U.S. Data, Political Uncertainty Dents Dollar; Fed Minutes Eyed
Investing.com
© Reuters. The dollar lost ground against its rivals on Wednesday Read the full story
Euro Pessimism Reaching Point Where Some Say It's Time to Buy
Bloomberg
The next turn in the euro’s roller-coaster ride may not be far. After starting the year with a bang, the common currency was ambushed by adversities from dollar strength to turmoil in Italy and Turkey, and slid to a 14-month low last week. The selloff now looks overdone, and the euro may recover on the prospect of stronger growth and reduced political risks in the region, according to Aviva Investors Global Services. Europe’s shared currency has dropped more than 3 percent against the dollar Read the full story
INSURANCE / HEALTH / SCIENCE
Diabetes epidemic set to cause surge in heart attacks and strokes
Sky News
Sky News
Heart attacks and strokes will soar over the coming years as the diabetes epidemic continues unchecked, a charity has warned. Read the full story
How parents can find a lifesaving EpiPen for their kids during current shortage
USA TODAY
EpiPen, distributed by Mylan, said parents can call their customer service line for help finding pharmacies with the livesaving devices in stock. Read the full story
Wisconsin company known for microchipping employees plans GPS tracking chip for dementia patients
CNBC
A Wisconsin-based technology company, famous for microchipping willing employees, will debut a microchip powered by the heat of the human body with GPS technology and voice recognition. Read the full story
Ten Things You Should Know About Aging Parents And Assisted Living
Forbes Magazine
Many adult children see assisted living as a way to keep from worrying about aging parents' safety and isolation. It has many benefits but drawbacks too. Medicare doesn't pay for any of it. It does not provide skilled nursing. It does offer help with many basics helpful to our aging parents. Read the full story
'Most Comprehensive Study Of Carb Intake' Seems To Confirm Age-Old Idea Of Everything In Moderation
Forbes Magazine
An NIH-funded study touted as the largest ever suggests both low and high-carb diets could shorten lifespan by up to four years. But although the release of the study results may be new, the premise is something doctors have been saying all along. Read the full story
An Ancient Antibacterial Technique Might Hold the Key to Future Wound Treatment
Futurism
NOT JUST SUPERFICIAL. Clay — it's good for pottery, for tennis courts, and sometimes for your face. But it turns out at least one type of clay is good for something else: helping the body heal. According to a study by researchers from the Mayo Clinic and Arizona State University, Oregon blue clay can kill bacteria in... Read the full story
How to Order the Keto-Friendly White Drink From Starbucks That's Taking Over Instagram
POPSUGAR
Starbucks's blended beverages and sweetened iced drinks may be off-limits to anyone following a low-carb, low-sugar diet plan, but keto dieters have found a way to hack the Starbucks menu to create keto-friendly drinks that are not only delicious, but also totally 'grammable.First, there was the Ket ... Read the full story
USA/CANADA
U.S. economy set to slow from here on, damaged by trade war: Reuters poll
Reuters
Reuters
U.S. economic growth will slow steadily over the coming quarters after touching a four-year high in April-June, according to a Reuters poll of economists who expect President Donald Trump's trade war to inflict damage. Read the full story
Texas for the first time is importing more oil than it's exporting
Business Insider
An oil refinery is shown on March 25, 2015 in Houston, Texas. Texas, which in just the last five years has tripled its oil production and delivered hundreds of billions of dollars into the economy, is looking at what could be a sustained downturn in prices. Texas is on track to become the biggest oil producer after Russia and Saudi Arabia. Since April, the Texas Gulf Coast oil terminals have exported more crude oil than they have imported. Total US oil exports hit a record of 2 million barrels Read the full story
Hurricane Lane is the biggest weather threat to Hawaii in decades
CNN
Over a million people in Hawaii are already seeing the first signs of Hurricane Lane, a Category 4 cyclone that could become the first major hurricane to make landfall there in 26 years. Read the full story
Trump's trade war with China is intensifying — here's what tariffs are, and how they could affect you
Business Insider
President Donald Trump hit Chinese imports to the US with massive tariffs on Thursday. China responded with tariffs on US products. Tariffs are taxes on imports designed to boost US production of goods. The new tariffs will cause costs to go up for businesses that use imported goods from China - and possibly jump prices for consumer goods, too. President Donald Trump's tariffs on $16 billion worth of Chinese goods went into effect at midnight on Thursday, prompting a swift response from the Read the full story
The US and Mexico are getting close to a massive new trade agreement, but the whole thing could still fall apart
Business Insider
President Donald Trump meets with Mexican President Enrique Pena Nieto at the G20 Summit, Friday, July 7, 2017, in Hamburg. The Trump administration is expected to announce a preliminary agreement with Mexico on updates to a number of rules contained within the North American Free Trade Agreement, or NAFTA, particularly when it comes to automobiles. The agreement would be a big step toward the ultimate goal of renegotiating NAFTA. But work still remains, as Canada was left out of the bilateral Read the full story
Canadian Retail Sales Unexpectedly Fall in June, Prior Month Revised Higher
Investing.com
© Reuters. Canadian retail sales unexpectedly fall in June, prior month revised higher Read the full story
EMERGING MARKETS
U.S. stocks have trounced emerging markets this year and Deutsche Bank doesn’t expect that to change
MarketWatch
MarketWatch
Investors in emerging-market equities have been through a lot this year, and throughout it all many may have been comforting themselves with two words: mean reversion. Read the full story
JP Morgan says global stock markets are doing something they've never done before
CNBC
CNBC
J.P. Morgan predicts international stocks will outperform the domestic market the rest of the year. Read the full story
The US stock market will be the next to ‘give in,’ strategist warns
CNBC
Despite U.S. equities outperforming the rest of the world, some strategists warn that they will be next. Read the full story
Opinion: Time to buy emerging markets — and seven stocks and funds to consider
MarketWatch
Everyone hates emerging markets as the MSCI Emerging Markets Index has fallen 20%, but the decline may soon be over. Read the full story
Venezuelans flee country amid economic crisis
CBS News
More than 200 Venezuelans illegally crossed into Ecuador Tuesday, fleeing economic stability in their home country. The crossings come as the Venezuelan government devalued its currency in an attempt to combat rampant inflation. Geoff Ramsey, the assistant director of the Washington Office on Latin America's Venezuela program, joined CBSN to discuss the latest. Read the full story
Rebuilding Puerto Rico, From the Ground Up
Eater
Less than a year after Hurricane Maria, can the Fondo de Resiliencia change the country’s food system? Read the full story
FEMA aid supplies missing in Puerto Rico
CBS News
Multiple shipping containers packed with supplies for survivors of Hurricane Maria in Puerto Rico are missing. They are believed to be locked and full of unused supplies that were meant to help people. CBS News' David Begnaud reports. Read the full story
MIDDLE EAST
Saudi Arabia says oil giant Aramco's £1.5tn flotation is still on
Sky News
Sky News
Saudi Arabia has denied reports it has called off its plans to float oil giant Aramco on its stock exchange and internationally. Read the full story
Saudi Arabia may execute female human rights activist
Fox News
Saudi Arabian prosecutors were seeking the death penalty for a human rights activist who may be the first woman in the country's history to face execution over her cause, human rights campaigners said. Read the full story
Netanyahu says still hopes U.S. will recognize Israel's Golan hold
Reuters
Israel still hopes the U.S. will recognize its claim to sovereignty over the Golan Heights, Prime Minister Benjamin Netanyahu said on Thursday, after a top U.S. official said the issue is not currently under consideration by Washington. Read the full story
Israel approves plans for 1,000 settlement homes
Aljazeera
Israel has approved plans to build more than 1,000 illegal settlement homes in the occupied West Bank, the latest in a raft of approvals since US President Donald Trump took office last year. The Israeli government announced on Wednesday that plans for 1,004 homes have been approved by a defence ministry committee. Peace Now NGO, which closely monitors Israeli settlement building, said that nearly 400 homes received final approval for construction to begin, while the rest await further Read the full story
Merkel cool on EU independent payment system to save Iran deal
Reuters
German Chancellor Angela Merkel said on Wednesday she agreed with her foreign minister that relations with the United States were changing but she stopped short of backing his call for a separate EU payments system to save a nuclear deal with Iran. Read the full story
AFRICA
Zimbabwe: Mine Sits On 4,8 Million Ounces of Gold
AllAfrica
AllAfrica
A resource definition exercise at Isabella Gold Mine in Bubi, Matabeleland North Province, has revealed that the mine is sitting on about 4,8 million ounces of the yellow metal, Mines and Mining Development Minister Winston Chitando has said. The minister revealed this in an interview after touring the mine on Monday in the company of senior officials from his ministry as well as officials from Bilboes Holdings which owns the mine among them major shareholder Mr Victor Gapare. The resource Read the full story
The first major test of post-Mugabe Zimbabwe will be livestreamed—via the state
Quartz
Zimbabwe’s opposition is challenging the result of last month’s election, and for the first time the court proceedings are being livestreamed. The move toward transparency,… Read the full story
Rifts at the top rattle Zimbabwe after Mugabe
Business Insider
Business Insider
FILE PHOTO: A ZANU PF supporter holds a poster in front of a Military officer ahead of a rally in the capital Harare, Zimbabwe Thomson Reuters By Joe Brock HARARE (Reuters) - As Zimbabwe braced for opposition protests after this month's disputed election, a heated argument broke out in the offices of President Emmerson Mnangagwa over who was in charge of national security, two people with direct knowledge of the meeting said. At one point, Vice President Constantino Chiwenga reminded Mnangagwa Read the full story
Chinese medical services boost healthcare in Africa
FurtherAfrica
Since the first Chinese medical team arrived in Africa in 1963, all kinds of non-profitable Chinese medical services have contributed to the continent's healthcare and saved the lives of tens of thousands of people. Read the full story
South African banks warn alarmist expropriation debate could affect economy
FurtherAfrica
Land Bank chair, Arthur Moloto, called for the rights of creditors to be respected Read the full story
Mozambique invests US$44M in vegetables production & processing in Lower Limpopo
FurtherAfrica
The Government of Mozambique, in partnership with the African Development Bank (AfDB), has invested US$44 million in the production and processing of vegetables in the Lower Limpopo irrigation system in Gaza province, said the Chairman of the Board of Regadio of Baixo Limpopo, Armando Ussivane. Read the full story
Mozambique invests US$44M in vegetables production & processing in Lower Limpopo
FurtherAfrica
The Government of Mozambique, in partnership with the African Development Bank (AfDB), has invested US$44 million in the production and processing of vegetables in the Lower Limpopo irrigation system in Gaza province, said the Chairman of the Board of Regadio of Baixo Limpopo, Armando Ussivane. Read the full story
ASIA
Asian Markets Mixed After Fed Meeting; China, U.S. Impose New Tariffs
Investing.com
Investing.com
© Reuters. Asian markets were mixed in afternoon trade Read the full story
Trade war: The US and China just slapped new tariffs on each other
CNN Politics
The Trump administration's latest round of tariffs on Chinese goods kicked in Thursday, drawing immediate retaliation from Beijing. Read the full story
Asia markets mixed amid ongoing US-China trade talks
U.S. and Chinese officials are set to continue talks in a bid to ease the ongoing trade dispute between the two largest economies in the world.
EUROPE
EU unlikely to heed British call for more Russia sanctions
Business Insider
Business Insider
FILE PHOTO: The sun sets behind the Kremlin's Spasskaya Tower and St. Basil's Cathedral during the soccer World Cup in Moscow Thomson Reuters By Gabriela Baczynska BRUSSELS (Reuters) - The European Union is unlikely to heed London's call for it to match the latest U.S. sanctions against Moscow over an attack on a former Russian spy in Britain earlier this year, diplomats in Brussels said. Britain's foreign minister, Jeremy Hunt, said in Washington this week the EU should step up pressure on Read the full story
U.K. Warns ‘No Deal’ Brexit Means Higher Costs in Buying From EU
Bloomberg
Dominic Raab, Aug. 23 Follow @Brexit on Twitter, join our Facebook group and sign up to our Brexit Bulletin. Britons face higher prices when buying from the European Union unless the government can secure a Brexit deal, while retirees in countries like Spain risk losing access to pensions paid into U.K. banks. That’s according to 25 technical notes published Thursday by Brexit Secretary Dominic Raab setting out how businesses and citizens should prepare for the possibility of talks with the bloc Read the full story
Britain's 'no deal' Brexit plans spell out trade disruption for firms
NBC News
Britain has yet to reach a divorce agreement with the E.U. with little more than seven months to go until it leaves the bloc. Read the full story
'No-deal' Brexit advice to be published by UK government
BBC News
Ministers say the documents will tackle "hair-raising scare stories" about leaving the EU with no deal. Read the full story
Germany accused of betraying pledge to combat anti-Semitism by ignoring Iran sanctions
Fox News
The German government is under fire for betraying its pledge to combat anti-Semitism and Holocaust denial, in light of Berlin's efforts to circumvent U.S. sanctions on Iran. Read the full story
Britain to set out advice on how to prepare for a 'no deal' Brexit
Reuters
Britain will step up its planning for a no-deal Brexit on Thursday as it publishes a series of notes advising people and businesses how to protect themselves from the potential disruption of a clean break with the European Union. Read the full story
d
CBI, ISX, Kauaihn Chatter:
CBI Update:
CBI closed on Friday and Saturday
Kauaihn Chatter:
8-23-2018 Newshound Guru Currency365 People still saying citizens wont see wealth from RV because they only get purchasing power BUT many citizens purchased dinar with USD & stashed away millions of IQD & will not bring them in until the RV. Also Citizens will receive monthly Oil Revenue and ALL the Oil back pay.
8-23-2018 Newshound Guru Don961 imo...news is slow this week while the country celebrates Eid...many sites stop posting articles completely...others that continue offer little except for articles about endless political meetings and conflicting opinions about alliances, who is aligning with who, who's holding out for better deals, etc. to get the majority bloc...bottom line, results won't be given until after Eid...they are under pressure to get it done...so we'll see what shakes out.
8-23-2018 Newshound Guru Don961 imo...news is slow this week while the country celebrates Eid...many sites stop posting articles completely...others that continue offer little except for articles about endless political meetings and conflicting opinions about alliances, who is aligning with who, who's holding out for better deals, etc. to get the majority bloc...bottom line, results won't be given until after Eid...they are under pressure to get it done...so we'll see what shakes out.
8-23-2018 Newshound Guru Adam Montana [...You said in your last update we are in the final stretch and they could do it NOW...] I agree with the premise that we are in "green light" territory. Sunday is the soonest I expect to see any major news... we will see!
8-23-2018 Newshound Guru Breitling …I watch currencies. Either they are in high risk, moderate risk or no risk at all. There are only three categories. The Iraqi dinar is not in the high risk or the moderate risk. They’re in zero risk. People don’t realize that. It’s sort of strange to have conversations with people that they’re thinking there’s something wrong with the currency or it’s teetering back and fourth and it’s not. It’s a stable currency...
8-23-2018 Newshound Guru Adam Montana ...it's holiday in Iraq, nothing will happen today through Saturday. Good news, though! Although it's not "officially official", there are enough reports out to satisfy me that Elections have been approved, which allows MPs (Members of Parliament) to move onto the next stage, which is appointing a President. Once this is done, and that should not be long, that will free them up to work on various little things like... oh, I don't know... HCL! ...this was a long process, but once Holiday is over I am expecting a bit of change in the lull we've been riding through.
8-23-2018 Newshound/Intel Guru Mnt Goat ...The Iraqi dinar is still solely pegged to the US dollar and ONLY to the US Dollar. It is a “de facto” peg meaning temporary peg done in a time of crisis/emergency with Iraq in response to the war. In the future the CBI and the IMF have both told us that the plan is to re-peg the dinar to an SDR basket of 5 currencies (US Dollar, Yuan, British Pound, Yen, Euro)...The FACT is the change over to the new basket will be the driving force for the rate increase in the dinar. Again it is NOT a revaluation but a reinstatement about to take place. Then it will be put on a managed float. [post 2 of 2]
8-23-2018 Newshound/Intel Guru Mnt Goat First let me say the Iraqi dinar is NOT currently on any kind of a FLOAT, managed or otherwise. It is a fixed rate by the Central Bank of Iraq...the definition of a managed float...is when you have millions of investors buying up or selling a currency and driving it up or down. The Iraqi dinar today is not even being traded on the international trading platforms. ...Right now, the dinar is on a fixed program rate set by the CBI and the IMF in October of 2013 during the sanctions.They did this to avoid a total crash of the Iraqi economy post war. [post 1 of 2....stay tuned]
8-23-2018 Newshound Guru Breitling …I watch currencies. Either they are in high risk, moderate risk or no risk at all. There are only three categories. The Iraqi dinar is not in the high risk or the moderate risk. They’re in zero risk. People don’t realize that. It’s sort of strange to have conversations with people that they’re thinking there’s something wrong with the currency or it’s teetering back and fourth and it’s not. It’s a stable currency...
8-23-2018 Newshound Guru Adam Montana ...it's holiday in Iraq, nothing will happen today through Saturday. Good news, though! Although it's not "officially official", there are enough reports out to satisfy me that Elections have been approved, which allows MPs (Members of Parliament) to move onto the next stage, which is appointing a President. Once this is done, and that should not be long, that will free them up to work on various little things like... oh, I don't know... HCL! ...this was a long process, but once Holiday is over I am expecting a bit of change in the lull we've been riding through.
8-23-2018 Newshound/Intel Guru Mnt Goat ...The Iraqi dinar is still solely pegged to the US dollar and ONLY to the US Dollar. It is a “de facto” peg meaning temporary peg done in a time of crisis/emergency with Iraq in response to the war. In the future the CBI and the IMF have both told us that the plan is to re-peg the dinar to an SDR basket of 5 currencies (US Dollar, Yuan, British Pound, Yen, Euro)...The FACT is the change over to the new basket will be the driving force for the rate increase in the dinar. Again it is NOT a revaluation but a reinstatement about to take place. Then it will be put on a managed float. [post 2 of 2]
8-23-2018 Newshound/Intel Guru Mnt Goat First let me say the Iraqi dinar is NOT currently on any kind of a FLOAT, managed or otherwise. It is a fixed rate by the Central Bank of Iraq...the definition of a managed float...is when you have millions of investors buying up or selling a currency and driving it up or down. The Iraqi dinar today is not even being traded on the international trading platforms. ...Right now, the dinar is on a fixed program rate set by the CBI and the IMF in October of 2013 during the sanctions.They did this to avoid a total crash of the Iraqi economy post war. [post 1 of 2....stay tuned]
8-23-2018 Newshound Guru ChrisC Article: "An economist reveals the bank's printing of large amounts of currency with small categories to replace them with damage" Think about this real quick. For example, how particularly worthlesss is that 100 denom at the current rate? Why bring these out at the current rate?
It seems there is more to the story as the plot thickens with this and the revealing of the specimen notes. IMHO, I think we’re staring at the end of the Turkmenistan model. I suspect there is a a delicate coordination that needs to be worked out and much communication between several parties to get it on track. Just my 2 cents in consideration of current information...
It seems there is more to the story as the plot thickens with this and the revealing of the specimen notes. IMHO, I think we’re staring at the end of the Turkmenistan model. I suspect there is a a delicate coordination that needs to be worked out and much communication between several parties to get it on track. Just my 2 cents in consideration of current information...
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Abadi's website)
Since this report was last submitted, there are no new articles posted on PM Abadi's website.
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ARTICLE 2
Tweet posted on Government of Iraq twitter account:
Government of IraqVerified account @IraqiGovt 8-23-2018 around 8:45 am Eastern
With the support of the @IraqiGovt, local authorities announce the reopening of Altun Kupri bridge, linking Kirkuk and Erbil provinces. The bridge is vital for commerce and for fostering enduring ties between communities
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ARTICLE 3
Masoum and Hakim discuss the need to accelerate the formation of the largest bloc
2018/8/23 15:50
[Ayna-Baghdad]
President of the Republic Fuad Masum in Baghdad on Thursday discussed with the head of the National Wisdom Movement Ammar al-Hakim the current consultations with the leaders of political forces in the country.
"During the meeting, the political developments in the country were discussed, while the focus was on developments on the issue of accelerating the formation of the largest bloc in preparation for the call of the House of Representatives in its fourth session to be held within the framework of the constitutional timing, which the President of the Republic The commitment of all to it. "
"We also stressed the need to strengthen efforts to protect and deepen the democratic process based on adherence to the Constitution and respect for the will of voters and hard work and quick to respond to the national will to carry out radical reforms in the building of state institutions and the development of services and the fight against corruption.
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ARTICLE 4
The Turkmen Front sent a letter to the Kurdish forces
2018/8/24 9:31
[Ayna-Kirkuk]
The head of the Turkmen Front Party, Arshad Salhi, on Friday, sent a letter to the Kurdish forces in the Kurdistan region, asking them to engage with the "Front" to resolve the issue of Kirkuk.
"Our speech to the Kurdish brothers is to invite them to engage in dialogue with the Turkmans to resolve the issue of Kirkuk and the disputed areas as the best option to achieve justice for all the components, because we are the party concerned, and resorting to the other parties will not work," Salhi said in his letter, .
Kirkuk was placed under Article 140 of the Iraqi Constitution, which was approved on 15 October 2005 within the disputed areas between the central authority in Baghdad and the Kurdistan Region.
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ARTICLE 5
Why do mosquitoes bite some people without others?
2018/8/24 9:44
[Ayna-Follow]
There are more than 3,000 different species of mosquitoes, yet only part of them are actually fed on human blood with discrimination when choosing their "prey".
Some are infected with countless mosquito bites at their breeding grounds, while others have a bite or two at most. What is the reason, and what factors affect the selection of mosquitoes for prey?
Speaking with the conversation, Richard Halpbeny, a biophysicist at Staffordshire University, explains why some people bite mosquitoes alone.
"The best evidence of what stimulates the attraction of mosquitoes to some humans is the difference in skin spores.
The smell of my hair and hair follicle is the key to attracting mosquitoes. In other words, mosquitoes do not choose someone because of internal biology, but as a result of microorganisms living on their skin.
The formation of skin germs depends on our environment, including what we eat and where we live.
It is also believed that genetic variation affects the extent to which our skin attracts different types of bacteria. This can be done by producing "genetically controlled" proteins in the skin that acts as a barrier and prevents microbes from growing and growing on its surface.
Since pure sweat does not have a clear odor, sweating in itself may not be responsible for attracting mosquitoes. Instead, the variation in the chemical composition of the race and its production rates among people may lead to favorable conditions for some microbes that can attract mosquitoes.
While we are sure that mosquitoes choose their host depending on the bacteria on their skin, it is not clear why mosquitoes prefer to smell some microbial life on the skin.
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