WOTS Friday 8/3/18:
Forex Rates:
http://forex.tradingcharts.
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,171.1000 | 1,171.1000 | 1,171.1000 | | 20:00 |
| USD/VND | | | 23,271.0000 | 23,013.5000 | 23,013.5000 | | 04:15 |
| USD/CNY | | | 6.8927 | 6.8328 | 6.8328 | | 06:44 |
| USD/KWD | | | 0.3026 | 0.3018 | 0.3023 | | 06:36 |
| GBP/USD | | | 1.3027 | 1.2975 | 1.3016 | | 06:44 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,527.6000 | 14,468.0000 | 14,521.7000 | | 06:33 |
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DC NY Iraq Articles:dd
Dozens of people in Basra demonstrate in front of the oil site of the request for services
http://translate.
http://translate.
03-08-2018 01:44 PM
Dozens demonstrated in front of the second gate of the entrance of the Burjisiyah oil site, Friday, with the participation of a number of tribal sheikhs in the district of Zubayr west of Basra.
Witnesses said that "the demonstrators renewed their protests in order to demand the rise in the reality of service and employment of the unemployed, and stop the flow of foreign workers in addition to the implementation of large projects within the projects of social benefits."
Dozens demonstrated in front of the second gate of the entrance of the Burjisiyah oil site, Friday, with the participation of a number of tribal sheikhs in the district of Zubayr west of Basra.
Witnesses said that "the demonstrators renewed their protests in order to demand the rise in the reality of service and employment of the unemployed, and stop the flow of foreign workers in addition to the implementation of large projects within the projects of social benefits."
Canceling and liquidating a banking company for violating the Central Bank
Date of release: 2018/8/ 21:10 •
(Baghdad: Al-Furat News) The Central Bank of Iraq, on Thursday, the withdrawal of a license company to mediate the sale and purchase of foreign currency for violating instructions.
The bank said in a statement received by the agency {Euphrates News} a copy of it today, that in view of the violation of a company to mediate the sale and purchase of foreign currency provisions of the instructions to regulate the work of brokerage companies and abuse of leave decided to withdraw the license to establish the company and the confiscation of insurance deposit with the bank, amounting to 250 million dinars.
The statement added that the bank requested the Ministry of Commerce to cancel the certificate of incorporation granted to it by addition to the write off the name of the company from its records and to provide the Central Bank with the letter of liquidation certified. d
The statement added that the bank requested the Ministry of Commerce to cancel the certificate of incorporation granted to it by addition to the write off the name of the company from its records and to provide the Central Bank with the letter of liquidation certified. d
Iraq asks an international organization to return tens of millions of dollars
03-08-2018
The Foreign Ministry on Thursday called on UNAMI to urge the International Organization for Migration (IOM) to repatriate the remaining $ 57 million in funds owed by the Organization since the 2004 foreign election.
This came during his meeting with Jan Kubic, representative of the Secretary-General of the United Nations in Iraq.
We hope to reaffirm the commitment of the international community and the friendly countries that participated in the Kuwait International Conference to contribute to the reconstruction of Iraq," Jaafari said
This came during his meeting with Jan Kubic, representative of the Secretary-General of the United Nations in Iraq.
We hope to reaffirm the commitment of the international community and the friendly countries that participated in the Kuwait International Conference to contribute to the reconstruction of Iraq," Jaafari said
Direct payments of salaries of civilian retirees for a meal
Release Date: 2018/8/2 20:12 •
Ayna-Baghdad
The National Pension Authority began on Thursday to pay the salaries of the civilian pensioners for the current August meal.
In coordination with the Rafidain Bank, Al-Rashid and the Iraqi Bank for Trade (TBI), the International Smart Card Company is starting to pay the salaries of the civilian retirees for the 2018 holiday," the statement said.
He added that "pensioners with cardholders smart card card and manual exchange pensioners can review the exchange centers to receive their salaries." d
He added that "pensioners with cardholders smart card card and manual exchange pensioners can review the exchange centers to receive their salaries." d
Man Linked to Erbil Terrorist Group Held in German Prison
The German terrorist, identified as Dastbar Ehsan, reportedly visited Kurdistan Region a few years ago, and met with Ismail Susayi to invite him to join the Islamic State (IS).
Susayi appeared in a video released by Kurdistan Region Security Council (KRSC) in which he admitted his membership to IS and coordinating the terrorist attack on Erbil governor’s office.
The German terrorist, according to Susayi, was born and grew up in Germany, but he can speak Kurdish with a German accent.
Kuwait holds a gas deal with Iraq and supply desalination plants
03-08-2018
The Euphrates -
KUWAIT CITY - The world oil market is nearing stability based on current crude production levels after the recent agreement between OPEC and independent producers to increase production, Kuwaiti Oil Minister Bakhit al-Rashidi said on Wednesday.
"Clear from current production levels, we are reaching a very stable stage for the oil markets, whether for producers or consumers," Al-Rashidi told reporters during a tour of the southern Al-Zour power plant.
He added that Kuwait's current production of crude is 2.8 million barrels per day, as agreed at the last meeting in Vienna.
The next meeting of the OPEC-OPEC independent producers' committee, scheduled for September 22-23, will review oil production levels after agreeing to increase production in Vienna, the minister said.
OPEC and other producers, led by Russia in June, agreed to increase production to cool the oil market.
Asked about the possible closure of the Strait of Hormuz, Rashidi said the Gulf states had ready plans for emergency implementation.
He also expressed great optimism that the return of crude production from the neutral zone with Saudi Arabia very soon.
The Kuwaiti minister expected to reach an agreement on the import of gas from Iraq before the end of this year.
Al-Rashidi, who is also the minister of electricity and water, said his country would send four desalination plants to Iraq with a total capacity of 1 million gallons per day.
Kuwait sent 17 generators and 18,000 tons of diesel to Iraq to overcome Iraq's electricity problem, al-Rashidi said.
Military Intelligence Declares Weapons and Explosives Found in Anbar
12:08 - 03/08/2018
Baghdad Mawazine News
The Directorate of Military Intelligence announced on Thursday the discovery of weapons and equipment for the organization of a supporter in the district of Fallujah, Anbar province.
"The detachments of the Military Intelligence Directorate in the 50th and 51st Squads of the 14th Brigade, while carrying out their duties in searching and searching for remnants and weapons of gangs, are supporting the terrorist and with accurate intelligence information, they can control 16 explosive devices," the Directorate said in a statement.
The statement said that "the containers were in the form of a plate and 5 packs packed in plastic (glycanat)".
The statement added that "was also found in 18 containers in the form of a ruler in the areas of Saqlawiya and Naimiyah of the Falluja district of Anbar."
The military intelligence directorate said in a statement that "it was detonated by the engineering detachment of the division."
is over d
The Directorate of Military Intelligence announced on Thursday the discovery of weapons and equipment for the organization of a supporter in the district of Fallujah, Anbar province.
"The detachments of the Military Intelligence Directorate in the 50th and 51st Squads of the 14th Brigade, while carrying out their duties in searching and searching for remnants and weapons of gangs, are supporting the terrorist and with accurate intelligence information, they can control 16 explosive devices," the Directorate said in a statement.
The statement said that "the containers were in the form of a plate and 5 packs packed in plastic (glycanat)".
The statement added that "was also found in 18 containers in the form of a ruler in the areas of Saqlawiya and Naimiyah of the Falluja district of Anbar."
The military intelligence directorate said in a statement that "it was detonated by the engineering detachment of the division."
is over d
Kauaihn Iraq Articles:dd
Roudao - Erbil
The Prime Minister of the Kurdistan Region and the Indian Consul in Erbil affirm the mutual desire to strengthen relations
Friday August 3, 2018 By Rudao 2 hours ago
Side of the meeting Roudao - Erbil
The Prime Minister of the Kurdistan Region, Nechirvan Barzani, and the new Consul of India, Chandra Molly Kumar, during their meeting, on Thursday, August 2, 2018, the mutual desire to consolidate relations between the two sides in all fields.
According to the Kurdistan Regional Government website in a statement received by the network Roudao, a copy of it that "Nechirvan Barzani received this afternoon, Thursday, August 2, 2018, Chandra Molly Kumar, the new Consul General of India in the province of Kurdistan, and a delegation accompanying him.
He added that Molly, "through the meeting, thanked the reception and cooperation and facilities received by the Consulate of his country from the institutions of the Kurdistan Regional Government, hoping to continue this cooperation, as he pointed to the relations between the Kurdistan Region and India," expressing his readiness to work to strengthen these relations between the two sides In all fields and help the Kurdistan Region in the areas that are needed, especially in the areas of training courses for employees of the Kurdistan Region in India, "the statement said.
For his part, the Prime Minister of the Kurdistan Region "expressed his wishes to Mr. Molly success in his new tasks, and expressed the readiness of institutions of the Kurdistan Regional Government to support him and help him to perform his functions and activities," and expressed "aspiration to strengthen relations between the Kurdistan Region and India in all fields, Areas of economy, trade and culture and to benefit from India's managerial experience ".
The statement pointed out that "another aspect of the meeting, saw the examination of the political and security conditions of the region and a number of other issues related to the situation in Iraq and the Kurdistan Region."
Nechirvan Barzani calls on the federal government to provide services and reconstruction of the Sinjar region
03/08/2018 By Rudao 2 hours ago
Prime Minister of the Kurdistan Region, Najirvan Barzani
Roudao - Erbil
The Prime Minister of the Kurdistan Region, Nechirvan Barzani, Friday, in a statement on the anniversary of the genocide and the kidnapping of thousands of Kurds by the Azzidin by urging, the federal government in Iraq to accelerate the normalization of the situation in the Sinjar area and to fulfill its duty in the reconstruction of the region to facilitate the return of displaced persons.
The following is the text of a statement
Statement on the anniversary of the genocide and the kidnapping of the Ezidis
Today, the anniversary of the genocide of the Yazidis is being committed by a sympathetic organization. This genocide has entered as one of the most brutal genocide in the twenty-first century in the history of the people of Kurdistan and the history of humanity.
During this campaign on the Sinjar area, 1293 civilians were killed from the Sinjar area. In addition, there were 6917 mass graves, and many other statistics and evidence were sufficient to issue a special resolution from parliament and the Iraqi government. The international community recognizes the genocide. Of the Yazidis.
The Kurdistan Regional Government will continue to do its duty to protect the Yazidis and provide more assistance to the displaced from the Sinjar region. Our own office will continue to work for the release of the abductees. To date, half of the number has been released and our efforts will not stop until all the kidnapped Yazid brothers and brothers have been released. The Kurdistan Regional Government, through its means, seeks to improve the living conditions of displaced persons from the Sinjar region, who for years have been living in harsh conditions because of their displacement from their homes.
On this sad day, it is essential that the Iraqi Federal Government begin to normalize the situation in the Sinjar region and fulfill its duty to rebuild and provide services to the Sinjar area so that IDPs can return to their homes and ancestral homes.
We also call on the member states of the Alliance against Da'ash and the international community at large to participate in the reconstruction of the Sinjar region and to improve the living conditions of the people of that region, which have made genocide and their excretions and difficult living conditions very difficult because the reconstruction and improvement of the living conditions of the Sinjar area is a common task. Comprehensive and multifaceted.
On this day, we pay tribute to the victims and the pure lives of the Peshmerga heroes who were martyred in the liberation of Sinjar and a crushing defeat in Kurdistan, Iraq and the region, the defeat that began from Sinjar.
Nechirvan Barzani
Prime Minister of the Kurdistan Region
On 3 August 2018
Prime Minister of the Kurdistan Region
On 3 August 2018
Former deputy: Alliances declared a point of return sectarian confinement
2018/08/03 13:41
Baghdad today - Baghdad
The former member of the House of Representatives, Ali al-Badiri, Friday (03 August 2018), that the alliances declared a point for the return of sectarian confinement and keep quotas as they are now.
"Talk of a Shiite-Shiite war is not based on real facts and facts," al-Badairi said in an exclusive interview with Baghdad today. "Everyone agrees beforehand on dividing the government and sharing power."
"Everyone does not want to leave the mentality of power-sharing and influence and leave the abhorrent quota that destroyed the platters," he said, adding that "everyone is seeking to take part in power."
He pointed out that "there are fears of the continuation of the situation as it is without the formation of the next government for longer periods."
And locked the political blocs winning in the legislative elections according to the results of counting and sorting, "e", because the results of counting and sorting by hand has not yet announced, negotiations to form the next government.
And witnessed the past few days, a political movement between all the political forces participating in the electoral process for understanding on the formation of the largest bloc within the Iraqi parliament, which in turn will form the next government, after the sermon religious reference last Friday, which called for the formation of the government quickly.
The Electoral Commission has started on Tuesday (3 July) the partial counting and counting of ballot boxes that took place on 12 May last, in accordance with the third amendment to the electoral law passed by the House of Representatives on June 6 last year and obliged the Commission to re-counting and sorting manually.
The parliamentary elections that took place on 12 May witnessed a low participation rate and a number of polling stations were disrupted. According to the organizations that monitored the elections, a number of political parties expressed doubts regarding the efficiency of these bodies in calculating the election results.
Iraqi banks prevented from dealing with Iran, news
Baghdad/ Iraq TradeLink
The news that the US Treasury Department prevented Iraqi banks from dealing with Iran stirred a great concern among the Iraqi financial system.
Iraqi Al-Mada daily reported the news, pointed that a directive reached to the Central Bank of Iraq at the start of July last threatening economic sanctions against any bank proving having financial dealings with Iran.
By this directive, the Iraqi government will be unable to pay its electricity debts to Iran, which matter obliged Iran to cut off the electricity and incited the latest crisis in the country.
No confirmation was made either by the Iraqi government or other independent sources.
Baghdad/ Iraq TradeLink Political circles reported here that the Sunni blocs are waging real conflicts
to win the post of the speaker of the parliament in the coming term.
The sources said that the Sunni House is suffering Saudi-Emirates pressures, on the one side, and the Turkish-Qatari from the other.
There are two factions within the Sunni House, the first is headed by ex-premier Iyad Allawi and the second by Jamal al-Karbouli.
The frist faction suggested ex-speaker Usama al-Nujaifi for the post, while the second one is nominating Mohammed al-Halbousi because there is no Shiite veto against him.
According to unofficial norms for dividing power in Iraq, the Iraqi parliamentary speaker should be Sunni.
We obtained approval to oblige foreign companies to operate 50% of Iraqi labor
Iraq News Now
03/08/2018 Baghdad / Al-Ghad Press:
The Ministry of Labor and Social Affairs announced on Friday that it obtained the approval of the General Secretariat of the Council of Ministers to oblige foreign companies to operate 50% of Iraqi labor within their investment projects.
The ministry has submitted a proposal to the General Secretariat of the Council of Ministers to oblige foreign companies to employ Iraqi workers at a rate of not less than 50% of the total labor used in investment projects," said Osama Al-Khafaji, head of the foreigners department in the training and employment department. On the investment license of the National Investment Commission or investment bodies in the provinces as well as not allow foreign workers to work inside Iraq without obtaining the work permit provided for in the Labor Law No. (37) for the year 2015.
He added that "the General Secretariat of the Council of Ministers took the proposal of the ministry and issued a decree prohibiting the granting of entry features for foreign companies to work in Iraq only after making sure that the contract concluded with the government agencies involves the obligation of foreign companies to review the Department of Foreigners in the Ministry of Labor and Social Affairs, And to activate paragraph (5) of the Diwani Order (46) for the year 2012, which obligates the ministries and parties wishing to contract with foreign companies to enter into contracts requiring companies to review the Ministry of Labor within thirty days of the entry of foreign workers for the purpose of issuing work permits.
Khafaji said that "companies or ministries violating the bear the legal consequences of the imposition of financial fines with the failure to pay the financial dues of those companies or entities violating," noting that "Resolution No. 80 of 2013 issued by the General Secretariat of the Council of Ministers hampered the work of the Ministry on the employment of national labor As it gave powers to the director of residence or head of the mission or authorized to grant the features of the entry of investors and businessmen and experts without passing through the Ministry of Labor and Social Affairs, which called on the ministry to raise its proposals to amend the said resolution and obtained approval by the Secretariat General.
He added that "the Ministry of Labor and Social Affairs sent a new proposal to the General Secretariat of the Council of Ministers to select the percentage of Iraqi labor provided for in the paragraph mentioned by job seekers registered within the database of the ministry and is awaiting approval.
d
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AFRICA
GLOBAL/NEWS/INFO
Today in History
My San Antonio
My San Antonio
Today in History Today is Thursday, Aug. 2, the 214th day of 2018. There are 151 days left in the year. Today's Highlight in History: On August 2, 1939, Albert Einstein signed a letter to President Franklin D. Roosevelt urging creation of an atomic weapons research program. Read the full story
Atlanta Fed predicts 5% jump in economic growth for third quarter
CNBC
Economic growth is expected to continue at a rapid pace in the third quarter, according to a very preliminary forecast from the Atlanta Fed. Read the full story
Fed Leaves Key Rate Unchanged With Economy at ‘Strong Rate’
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App Federal Reserve officials left the benchmark interest rate unchanged while reiterating their plan to gradually lift borrowing costs to keep the economy expanding at a healthy pace. Economic activity has been “rising at a strong rate,” and the unemployment rate “has stayed low,” the Federal Open Market Committee said Wednesday in a statement released in Washington. “Household spending and business fixed investment have grown strongly.” The Read the full story
OIL/COMMODITIES/ENERGY
US Steel a big winner after tariffs boost prices
CNN Money
CNN Money
US Steel reports rise in prices, and profits, thanks to steel tariffs, and says even better results lay ahead. Read the full story
Metal Prices Backtrack on Fears Over Escalating U.S.-China Trade War
Investing.com
Copper prices fell sharply on Wednesday Read the full story
Gold Falls Ahead of Fed Meeting
Investing.com
Gold was lower on Tuesday. Read the full story
Gold holds steady as the dollar marches higher
Gold prices held steady on Thursday after an upbeat assessment of the U.S. economy by the Federal Reserve and new trade tensions between Washington and Beijing boosted the dollar and U.S. bond yields.
Platinum Struggles As Gold Rout Grips Market
If gold is on the ropes, to use a boxing analogy, then platinum is looking like it’s on the canvas—and unlikely to get up soon.
Grouped together with bullion and silver as precious metals, platinum has over the years become known more for its industrial uses than as a jewelry-making component or a store of value. Platinum and its sister metal palladium are the only known metals for purifying diesel and gasoline engine emissions, respectively. Yet, the two Platinum Group Metals are down 12% or more this year. Gold, comparatively, is off just 7% while silver has tumbled 10%.
https://www.investing.com/
Oil trades higher after two days of heavy losses
Oil prices took a hit after the Energy Information Administration said U.S. crude inventories rose 3.8 million barrels last week as imports jumped.
Oil prices deepen losses after surprise build in U.S. inventories
MarketWatch
Crude oil futures slide even further, having fallen to their lowest level in almost six weeks in the prior session after fresh U.S> government data showed growth in petroleum stockpiles. Read the full story
Crude Oil Prices Settle Lower After Surprise Inventory Build
Investing.com
© Reuters. Crude oil prices settled lower after a surprise inventory build Read the full story
BANKS/BANKING/CREDIT
Chase Expands Cardless Access To Nearly All Its ATMs
International Business Times
Almost all of JPMorgan Chase's ATMs no longer require a card to withdraw money. The credit card company on Wednesday announced that most of its machines had been upgraded, allowing customers to use their smartphones to make transactions. Customers can now "tap" their phone on the ATM to easily and securely access money, the company said in a press release. The feature can be accessed via a mobile wallet such as Apple Pay, Google Pay, or Samsung Pay via a smartphone on any machine with a " Read the full story
You no longer need a card to get cash from nearly every Chase ATM
Business Insider
JPMorgan Chase has rolled out cardless transactions to nearly all of its 16,000 ATMs. Chase has rolled out cardless transactions to nearly all of its 16,000 ATMs. The feature, which it started to deploy in 2016, allows Chase customers to open their mobile wallet, tap their phone, and then enter their PIN to access their account. The largest banks in the US have been investing millions in updating the capabilities and physical appearances of their thousands of ATMs as their digital and mobile Read the full story
JPMorgan says it is a subject of SEC probe of ADR abuses
Reuters
JPMorgan Chase & Co said on Wednesday it is among banks and securities dealers being investigated by the U.S. Securities and Exchange Commission for their handling of so-called "pre-released" American Depositary Receipts (ADR) between 2011 and 2015. Read the full story
Wells Fargo to pay $2 billion penalty for alleged misrepresentation of loan quality
CNBC
Wells Fargo will pay $2. Read the full story
Traders are already testing the Bank of Japan’s plan for more flexible bond trading
MarketWatch
Traders waste no time putting the Bank of Japan’s plan to allow more flexible trading of Japanese government bonds to the test. Read the full story
FBI nabs alleged hackers in theft of 15M credit cards from Chipotle, others
CNET
The bureau says the three Ukrainian nationals are behind breaches that hit Arby's, Chili's and other restaurants. Read the full story
Why the Chase Cards CEO is not worried about the hundreds of millions lost last quarter due to credit card rewards
Business Insider
Jennifer Piepszak : Well, there's lots of things I'm excited about. In fact this year, we just launched nine new products. So I'm super excited to watch those grow and then we have a number of different digital innovations on the horizon to just make our customer experience better and better. Silverstein: And what end of the range are the new products that you launch this year? Are they at the high-end like Sapphire Reserve, or are they on the more everyday products? Piepszak: The majority of Read the full story
TREASURIES/BONDS/STOCKS
Top 5 Things To Know In The Market On Thursday
Investing.com
Investing.com
© Reuters. Top 5 things to know today in financial markets Read the full story
Day Ahead: Top 3 Things to Watch
Investing.com
© Reuters. Tesla plans to boost Model 3 production to 6,000 per week. Read the full story
Global markets extend losses on China-US trade jitters
ABC News
World markets track Wall Street losses on jitters over China-US trade Read the full story
The Dow is set to tumble triple digits in Thursday's session on renewed trade tensions
The Dow is set for a triple-digit loss at the open after falling for three of the past four trading day.
Read more: https://www.cnbc.com/2018/08/
US Treasury yields fall after the 10-year breaks above 3 percent
U.S. government debt prices ticked higher on Thursday.
Read more: https://www.cnbc.com/2018/08/
CBS earnings — What you need to know in markets on Thursday
Yahoo Finance
CBS earnings will be a highlight for markets on Thursday as investors will hear from CBS CEO Les Moonves for the first time since he was accused of sexually harassing multiple women. Read the full story
Two recession warning signs are here
CNN Money
Lindsey Piegza, chief economist for Stifel, joins CNNMoney's "Markets Now" to preview the jobs report. Read the full story
WALL STREET WARNS: Trump's trade policies could bring the US back to an economic horror from the 1970s
Business Insider
President Donald Trump dons a red "Make America Great Again" hat Jae C. Hong/AP Images President Donald Trump is aggressively pursuing protectionist policies. Tariffs cause prices to rise and can stall growth. Analysts are warning that 1970s-like stagflation could be ahead. In a broad effort to rearrange global trade relationships, President Donald Trump has slapped tariffs on some of the US's biggest business partners. And as effects of protectionism kick in, analysts caution against heading Read the full story
Bad bets and hazards already in the market could trigger the next recession
Yahoo Finance
Yahoo Finance
Despite rosy data, economists and analysts say there's a wealth of worrisome issues already happening in the market that could push the U.S. into recession. Read the full story
Debt-laden US government is expanding the size of Treasury bond auctions to fund itself
CNBC
The Treasury Department says it needs to sell an additional $30 billion worth of bonds than it originally had planned and is adding a two-month note to its offerings of debt securities. Read the full story
CRYPTO'S / DIGITAL CURRENCY
Bitcoin Bulls Defend $7,450 But Need Progress Soon
CoinDesk
CoinDesk
Bitcoin needs to capitalize on the defense of a key Fibonacci support of $7,450 to avoid further decline towards the $7,000 mark. Read the full story
Before the 'Bomb' Hits: Why the Race Is on to Alter Ethereum's Economics
CoinDesk
At least six proposals have been recently put forth, all of which could change the economics of the ethereum blockchain if enacted. Read the full story
Coinbase Adds British Pound for UK Crypto Users
CoinDesk
Crypto exchange Coinbase will now support British pounds (GBP) for its UK customers, the firm announced Wednesday. Read the full story
Coinbase Customers Can Now Buy Bitcoin With British Pounds
FORTUNE
In this photo illustration, a Euro coin and a one pound sterling coin are seen on top of a UK passport on October 10, 2016 in Bath, England. The San Francisco-based cryptocurrency giant Coinbase said Wednesday that customers in the United Kingdom can now buy digital assets with the British Pound. The news is significant because, until now, the company’s UK customers had to maintain their fiat funds in euros rather than pound sterling. This meant the process for buying Bitcoin and other digital Read the full story
Bitcoin is off the wagon, but one crypto expert says it’s only temporary
CNBC
Bitcoin has plunged more than 7 percent in the last week, now trading just above $7,500. Despite the latest drop, one trader says the sell-off is only temporary. Read the full story
Bitcoin's Price Snaps Longest Monthly Losing Streak Since 2016
CoinDesk
Bitcoin's price rallied 21 percent over the course of July, snapping its first two-month losing streak since 2016. Read the full story
CURRENCIES
Dollar rallies on renewed trade war worries and upbeat Fed
The dollar rallied after the Federal Reserve's upbeat assessment of the economy and amid a flare-up in the trade tensions between the United States and China.
Read more: https://www.cnbc.com/2018/08/
Forex - Dollar Higher after Fed, Pound Slips Before BoE
Investing.com
© Reuters. Dollar higher after Fed, pound slips before BoE Read the full story
Dollar Steadies After Fed; Trade Data Offers Little Help to Aussie Dollar
Investing.com
© Reuters. The U.S. dollar steadied on Thursday Read the full story
The dollar may need fresh impetus to drive higher in the near term, analysts say
MarketWatch
The U.S. dollar is lacking a clear driver as the summer lull takes hold of financial markets, analysts agree. And after last week’s GDP disappointment, voices are getting louder that it could be downhill for the buck. Read the full story
INSURANCE / HEALTH / SCIENCE
Are non-drinkers more likely to get dementia?
CNN
CNN
A new study in the British Medical Journal found people who drink heavily are more likely to get dementia, but people who don't drink at all are also more likely to get dementia. Read the full story
7 Sleep Habits That Could Be A Sign Of An Underlying Health Condition
Bustle
Everybody wants a perfect night's sleep. But if you haven't had one in a while, or you're experiencing strange issues in the course of your ZZZZs, it could be a signal of something more significant than just not wearing earplugs while the next door… Read the full story
Drug-resistant superbugs may have just learned a new trick
NBC News
Alcohol-resistant bacteria would undermine the effectiveness of those ubiquitous hand sanitizers, researchers say. Read the full story
'Alzheimer's-in-a-Dish' Created, Which Could Lead to New Treatments for Disease
Newsweek
A team from Massachusetts General Hospital has created one of the most advanced models of Alzheimer's disease ever seen. Read the full story
There's a New Type of Cheap Health Care Plan Hitting the Market. Here's What You Need to Know
Money
They're coming this fall. Read the full story
Trump's plan to reshape the healthcare system without repealing Obamacare is coming together
Business Insider
The Trump administration is rolling out a new proposal to expand the use of short-term health insurance plans. The plans would be a cheaper insurance option, but also offer limited coverage and could lead to denied coverage based on a preexisting condition. Health policy experts say the Trump administration's move will weaken the Affordable Care Act. The short-term plan expansion is another step in Trump's plan to reshape the healthcare system without repealing Obamacare. President Donald Read the full story
This Is How Your Body Changes After Going Vegan
Newsweek
Research suggests that veganism can have health benefits, if well-planned. Read the full story
What Is Intermittent Fasting And Is It Actually Good For You?
TIME
The benefits of fasting keep piling up Read the full story
USA/CANADA
More than 1,000 homes torched as California wildfires reach 'uncharted territory'
New York Post
New York Post
UPPER LAKE, Calif. — A massive wildfire in Northern California has torched more than 1,000 homes in and around the city of Redding, authorities said Wednesday as some evacuees were allowed to return home and new blazes exploded in what has become an endless summer of flame in the Golden State. “Whatever resources are needed, we’re putting them there,” Gov. Jerry Brown said at a news conference. “We’re being surprised. Every year is teaching the fire authorities new lessons. We’re in uncharted Read the full story
How domestic violence affects the economy
The Economist
THE toll of domestic violence is physical and psychological, but it is also economic. Many victims skip work or show up late. Sometimes they (rightly) fear being stalked or killed at their offices. On July 25th New Zealand passed a law giving victims of domestic violence the right to take ten days’ paid leave from work. Read the full story
Trump’s order threatening to withhold funding from ‘sanctuary cities’ is unconstitutional, court rules
The Washington Post
California appellate court holds Trump's executive order threatening to cut funding of sanctuary cities unconstitutional. Read the full story
U.S. Risks Losing World Power to China and Russia by Splitting with Allies on Iran, Experts Say
Newsweek
Two former State Department officials who helped craft the 2015 Iran nuclear deal say that allies are growing increasingly frustrated with U.S. financial dominance—and this may be the final straw. Read the full story
Trade tensions, labor shortages loom over U.S. factories
Reuters
U.S. manufacturing activity slowed in July amid signs that a robust economy and import tariffs were putting pressure on the supply chain, which could hurt production in the long term. Read the full story
Trump calls on Sessions to end Russia probe ‘right now’
The Hill
President Trump on Wednesday called on Attorney General Jeff Sessions to stop the Russia investigation, a significant escalation of his attacks against the long-running probe that has dogged his presidency. Read the full story
EMERGING MARKETS
New Tropical Storm Hector continues to strengthen off Mexico
ABC News
ABC News
A strengthening Tropical Storm Hector is swirling far off the coast of Mexico in the eastern Pacific, and forecasters expect it to become a hurricane by the weekend Read the full story
Deal with U.S. on key NAFTA rule closer, Mexico and Canada say
Reuters
The United States and Mexico are getting close to a deal on the key issue of autos content rules at talks to renew the NAFTA trade pact, Mexican and Canadian officials said on Wednesday. Read the full story
Judge orders further extension of aid to Puerto Rico storm evacuees
Reuters
A federal judge on Wednesday extended until Aug. 31an order preventing the eviction of hundreds of Puerto Rican families who fled the hurricane-ravaged island in 2017 and have been living in hotels and motels across the United States. Read the full story
Puerto Rico's Wounded Medicaid Program Faces Even Deeper Cuts
NPR
State Medicaid programs already get much more money from the federal government than Puerto Rico Medicaid gets — and the storm-ravaged U.S. territory's safety net for the poor is barely hanging on. Read the full story
Socialist Venezuela Falling Apart As President Maduro Shockingly Blames Party
Forbes Magazine
As Democrats embrace socialist policies here at home, the biggest socialist experiment in Latin America is falling to pieces. Read the full story
EM ETFs Rebound in July: Value Trap or Value Play?
Zacks Investment Research
Emerging market ETFs sprung back in July. Will these be able to maintain the momentum? Read the full story
How investors can track down the emerging markets still doing well
Daily Mail
The emerging market boom has largely fizzled out, but experts are singling out India as a good area to invest in now. Its economy is predicted to grow 7.6 per cent a year over the next three years. Read the full story
Trump's overture to emerging Asia drowned out by trade war
Reuters
When the U.S. Secretary of State flies into Southeast Asia this week with a new investment pitch for the region, the response could be: thanks a million, but please stop threatening a trade war with China that will make us lose billions of dollars. Read the full story
MIDDLE EAST
Electricity cuts across Iraq make life unbearable in summer heat
Axios
A man checks on makeshift electrical wiring in Baghdad. BAGHDAD — Power shortages have become endemic in Iraq — a country wrecked by a series of conflicts that have devastated its infrastructure — forcing Iraqis to buy electricity from private entrepreneurs who run power generators that can be seen on most street corners. Why it matters: The problem was exacerbated last month after Iran stopped supplying electricity to Iraq because of unpaid bills. Protests over the shortages, lack of jobs and Read the full story
AFRICA
Soldiers wander Zimbabwe's capital after election violence
A subdued calm returned to Zimbabwe's capital Harare a day after clashes between security forces and opposition protesters killed three people.
Read more: https://www.cnbc.com/2018/08/
Venezuela’s Hyperinflation—Weimar or Zimbabwe on the Caribbean?
The National Interest
Scott B. MacDonald Economics, Americas These two historical cases warn of what could come next. Venezuela has the dubious distinction of having the world’s highest level of inflation. According to the International Monetary Fund (IMF), Venezuela’s estimated inflation rate in 2017 was 1,087.5 percent. The runners-up were the Democratic Republic of Congo (41.5 percent), Sudan (32.4 percent), and Angola (31.7 percent). Sadly, the IMF expects that Venezuela’s hyperinflation will go even higher, with Read the full story
Bank while you chat on WhatsApp with South Africa's Absa
Reuters
South Africa's Absa Group on Wednesday officially launched Whatsapp banking, in its latest push to become a digitally-led African bank, with more than 10,000 customers already registered to date since early July. Read the full story
ASIA
China Vows It Won’t Back Down After Latest U.S. Tariff Threat
Bloomberg
Bloomberg
Non-stop business knowledge Get more on The Bloomberg App U.S. Might Raise Planned Tariffs to 25% on $200 Billion of China Imports China said that the latest threat by the U.S. to increase tariffs won’t succeed in forcing concessions from Beijing. “China is fully prepared and will have to retaliate to defend the nation’s dignity and the interests of the people, defend free trade and the multilateral system, and defend the common interests of all countries,” China’s Ministry of Commerce said in a Read the full story
Trump administration adds to China trade pressure with higher tariff plan
Reuters
U.S. President Donald Trump sought to ratchet up pressure on China for trade concessions by proposing a higher 25 percent tariff on $200 billion worth of Chinese imports, his administration said on Wednesday. Read the full story
China starting to batten down the hatches as Trump tariffs take effect
The Hill
The Hill
In the face of storm clouds brewing on the horizon, China anticipates further shocks and thus wants to keep its “powder dry” as conditions continue to deteriorate. Read the full story
5 Clever Ways to Earn Big Dividends From Investing in Asia
TheStreet
Stocks in Asia have been nailed amid rising global trade tensions. But here are several stocks that may be worth picking up. Don't give up on trading Asia. Between 2009 and 2018, the value of annual dividends paid out by Asian companies tripled, while payouts from the rest of the world doubled in value, according to a recent study. I believe Asian stocks have more potential for long-term dividend growth than their U.S. counterparts for a number of reasons. Despite the trade war rhetoric, Read the full story
China’s Empire of Money Is Reshaping Global Trade
Bloomberg
Xi Jinping’s new “Belt and Road” initiative is designed to promote economic development and extend China’s influence. Bloomberg Markets reports on the massive project’s impact along the Silk Road. China is building a very 21st century empire—one where trade and debt lead the way, not armadas and boots on the ground. If President Xi Jinping’s ambitions become a reality, Beijing will cement its position at the center of a new world economic order spanning more than half the globe. Already, China Read the full story
Asian stock markets drop, weighed by pullback in China
MarketWatch
Asian stocks, after initially holding up Thursday morning following the latest U.S.-China trade developments, started sliding as China’s market opened. Read the full story
New Vietnam bridge held up by massive pair of hands
Fox News
A new bridge in Vietnam has caught the attention of many tourists because of its unique architecture. Read the full story
EUROPE
Food industry: Brexit is 'shaping up to be the stuff of nightmares'
Sky News
Sky News
The government is facing a demand to discuss the "major concerns" of the food industry over the UK's exit from the EU, amid a warning Brexit is "shaping up to be the stuff of nightmares". Read the full story
Brexit or Armageddon? Depends who you ask
ABC News
Newspapers in Britain are flooded with stories about food shortages, stockpiled medicines, grounded flights and troops on the streets of Britain if the country leaves the European Union without a deal on the future relationship. Read the full story
Bank of England raises interest rates for the second time since the financial crisis
The Monetary Policy Committee voted unanimously for an increase in rates from 0.5 to 0.75 percent.
CBI, ISX, Kauaihn Chatter:dd
CBI Update:
CBI closed on Friday and Saturday
Kauaihn Chatter:
http://www.dinarguru.com/
8-2-2018 Newshound/Intel Guru Mnt Goat How long can Iraq stall the announcement of the elections results and get the govt formed? We are already passed my mid- July date on my timeframe when the RV could possibly happen. So let’s wait and see what happens in the next couple weeks. We know they must announce the ratification of the election results first and seat the new prime minister and parliament. This will start the clock ticking again....tick tock,,, tick tock,,,.
8-3-2018 Intel Guru Bruce [via pinkroses] We have contacts in Fallujah, Baghdad, some of those locations, and what we were getting...since 6:30 am, Wednesday morning Iraq time, the Iraqi dinar was being exchanged globally. We had that coming out of Fallujah. We know that was happening. I am not saying the rate is out where we in the US can see it because it isn’t... we are not going to see an Iraqi dinar rate until we are ready to start...So do not be looking for that anytime real soon unless we are ready to go now. [post 1 of 2....stay tuned]
8-3-2018 Intel Guru RayRen98 ...the Iraq Dinar is now globally traded as of yesterday and those are the rates...
USD 1 USD = 1,197.6000 Iraqi Dinars
1 Iraqi Dinar = 0.0008 USD
8-3-2018 Intel Guru RayRen98 ...the Iraq Dinar is now globally traded as of yesterday and those are the rates...
USD 1 USD = 1,197.6000 Iraqi Dinars
1 Iraqi Dinar = 0.0008 USD
8-2-2018 Intel Guru Frank26 [via sunny] ...Saudi Arabia is opening up branches in Saudi that represent the CBI and the CBI is opening banks in Baghdad that represent Saudi Arabian banks. Hello! Kuwait...is very close to swapping their currency with the Iraqi dinar currency. Along with this you also have the President of the Iraqi Private Banking Association that just last week is reaching out to all private banks in Iraq and telling them to...get into Iraq and open their branches in all the gulf states, especially in Iraq. Dubai was one. ...Three countries in the last few days have been in talks to open their banks in Iraq and to have it done in their country representing Iraq. That is INTERNATIONAL STATUS with Iraq! Under sanctions, program rate, restrictions, this could not happen!
8-2-2018 Newshound/Intel Guru Mnt Goat ...We are not just waiting for the rate to change on FOREX...We are looking for the currency to be “reinstated” on the currency exchanges since it was downgraded from the exchanges on 2003 just prior to the Operation Desert Storm. When it is reinstated the rate is expected to be to at least equal to the rate prior to the war with added equity. This is when we go to the bank and not before.
8-2-2018 Newshound Guru Adam Montana [Seems like the manual count of the votes is reaching the end and may have been a stalling tactic while very few exceptions to the original results have been discovered. With the extended time between the election and the formal announcement of the election results, do You think agreements are unannounced and in place to apply Article 140 and to push the needed elements of the HCL through Parliament at the onset of the new Parliamentary session? If so on the HCL, will it have to be published in the Gazette before the final monetary reforms are applied to include the RI/RV?] The general way of doing business in Iraq does require an official Gazette publication for some things to be finalized, but we know that if the CBI says tomorrow that they are exchanging at a new rate... that's the day it becomes official, and we won't be waiting for a newspaper to hit the doorsteps.
8-2-2018 Intel Guru Delta [...can they go international wed with a program rate... wouldnt the whales destroy the dinar...] CAN'T...IT'S NOT AN OPTION...THEY HAVE NO CHOICE.
8-2-2018 Intel Guru RayRen98 WE ARE NOW UP TO 4 REPORTS OF 1:1 IN IRAQ --- THE CLOCK IS TICKING.8-2-2018 Newshound/Intel Guru Mnt Goat ...We are not just waiting for the rate to change on FOREX...We are looking for the currency to be “reinstated” on the currency exchanges since it was downgraded from the exchanges on 2003 just prior to the Operation Desert Storm. When it is reinstated the rate is expected to be to at least equal to the rate prior to the war with added equity. This is when we go to the bank and not before.
8-2-2018 Newshound Guru Adam Montana [Seems like the manual count of the votes is reaching the end and may have been a stalling tactic while very few exceptions to the original results have been discovered. With the extended time between the election and the formal announcement of the election results, do You think agreements are unannounced and in place to apply Article 140 and to push the needed elements of the HCL through Parliament at the onset of the new Parliamentary session? If so on the HCL, will it have to be published in the Gazette before the final monetary reforms are applied to include the RI/RV?] The general way of doing business in Iraq does require an official Gazette publication for some things to be finalized, but we know that if the CBI says tomorrow that they are exchanging at a new rate... that's the day it becomes official, and we won't be waiting for a newspaper to hit the doorsteps.
8-2-2018 Intel Guru Delta [...can they go international wed with a program rate... wouldnt the whales destroy the dinar...] CAN'T...IT'S NOT AN OPTION...THEY HAVE NO CHOICE.
8-2-2018 Newshound/Intel Guru Mnt Goat How long can Iraq stall the announcement of the elections results and get the govt formed? We are already passed my mid- July date on my timeframe when the RV could possibly happen. So let’s wait and see what happens in the next couple weeks. We know they must announce the ratification of the election results first and seat the new prime minister and parliament. This will start the clock ticking again....tick tock,,, tick tock,,,.
8-2-2018 Intel Guru Frank26 Mrs.Kamin, a Parliament Financial Committee Member for many years...comes out of nowhere and says, “I’m going to be talking to all of you here about our economic policy and about our ‘new paper,’ that will serve as new paper. A currency financial report is what I’m going to be turning into the CBI concerning this ‘new paper’. That is a HUGE leak! For real. Lady, your going going to be handing in a currency financial report about a program rate, are you?! Of course not, silly rabbit! ...a new report and a new currency...Shut up! Your talking about the Reinstatement of the Iraqi dinar! ...That is so blatant!. ...She’s talking basically about the education that has been given to the citizens of Iraq. She is not talking about an old program rate!
Elmer:
Not in today
Artmeister:
Not in today
Catnip:d
Government of IraqVerified account @IraqiGovt 8-2-2018, around 10 am Eastern
*************
ARTICLE 1 (from PM Abadi's website; posted only on Arabic side, not on English side)
Prime Minister Dr. Haider Al-Abbadi receives the Ambassador of the Hashemite Kingdom of Jordan in Baghdad Dr. Montaser Jafar Aqla Al-Zu'bi
Prime Minister Dr. Haider Al-Abbadi received in his office Thursday the Ambassador of the Hashemite Kingdom of Jordan in Baghdad Dr. Montasser Jafar Aqla Al-Zu'bi.
During the meeting, they discussed enhancing cooperation between the two countries in various fields and bilateral relations in the interest of the two brotherly peoples.
Prime Minister 's Media Office
2 August 2018
*************
ARTICLE 2
Tweet posted on Government of Iraq twitter account:
Representatives
from @IraqiGovt
attend the @YazdaOrg
conference in Baghdad commemorating the 2014 Yazidi genocide. The @IraqiGovt
is working with @UN to
hold perpetrators of these crimes to account, and to deliver justice and
restitution for the Yazidi community
*************
ARTICLE 3
Hakim and Jabouri emphasize improving the living conditions of the people within the principle of citizenship
2018/8/2 20:19
[Ayna-Baghdad]
The President of the National Alliance Ammar al-Hakim and the House of Representatives Salim al-Jubouri to improve the living conditions of the people within the principle of citizenship.
"Al-Jubouri discussed during the meeting with al-Hakim on Thursday the latest developments on the Iraqi arena and the importance of continuing the constructive dialogue of the agreement on a common vision to form a strong government capable of meeting the challenges and meeting demands, People ".
He added that "the two sides agreed on the need to focus on the file services, economy, development and investment, and ways to harness wealth to serve the people and address unemployment, and fight corruption and reduce the waste of public money."
"The two sides also stressed the improvement of the living conditions of the people and within the principle of citizenship, and renounce all phenomena of quotas and discrimination."
*************
ARTICLE 4
Reconstruction Fund: The percentage of returnees to their areas is 41% and Jorf Sakhr has not seen anyone return
2018/8/3 11:56
The Fund for the Reconstruction of Areas Affected by Terrorism announced the completion of 230 projects in the liberated areas, while the return of 41% of the displaced to their areas, noting that the area of the cliff of victory did not witness the return of any displaced.
"The Fund has managed, over the last three years, to rehabilitate and rehabilitate hundreds of projects for pumping stations, pumping water and sewage plants, supplying generators and specialized mechanisms for water and sanitation for municipalities, extending water and electricity networks, rehabilitating damaged schools, police stations, government buildings and dams," said Dara Hassan Rashid. In the provinces affected by terrorist operations.
The report showed the completion of 24 projects in the province of Nineveh, and 22 projects are still under completion and exceed the completion rates of 85%, while completed in Salah al-Din 14 projects and 17 projects are still under way, and in Diyala completed 12 projects and 8 projects under implementation. In the province of Kirkuk, and also completed 136 projects in Anbar province, and there are still 29 projects under implementation, while the areas of the Baghdad belt has completed 11 projects and 8 projects are still under way, and in the areas of northern Babylon / Jarf victory completed 29 projects and 8 projects under implementation .
The report pointed to the number of families displaced and returning to their areas and the proportion of return in each province until the 30 of June, which amounted to 41% of the displaced, according to the following details:
In Nineveh governorate, the percentage of returning families was 22%.
In Anbar province, the proportion of returning families was 63%.
In Salah al-Din governorate, the percentage of returning families was 87%.
In Diyala governorate, the percentage of returning families was 53%.
In Kirkuk governorate, the percentage of returning families was 4%.
In Baghdad governorate, the percentage of returning families was 60%.
In Babil governorate, the percentage of returning families was 0%.
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ARTICLE 5
A weapon for each conductive family to repel any terrorist attack
2018/8/3 10:34 • 23 times read
A weapon for each conductive family to repel any terrorist attack
[Ayna-Baghdad]
The Ninewa Operations Command announced that each family in the city of Mosul would be allowed to own one piece of weapons.
"Ninewa Operations Command issued a circular to the Ninewa police departments, which includes a notification to Prime Minister Haider al-Abadi to allow each Mosul family to own one Kalashnikov," Ninewa operations chief Maj. Gen. Najem al-Jubouri said in a press statement.
He added that "the police stations in the province of Nineveh is currently providing homeowners in the province, which supports the right to possess a piece of weapons in order to protect the safety of citizens from any terrorist attack may be exposed to him."
*************
ARTICLE 6
URGENT Two suspects charged with trafficking in antiquities are arrested in Baghdad
2018/8/2 13:23
[Ayna-Baghdad]
Al-Rusafa Court of Inquiry on the issues of integrity and economic crime confirmed the statements of three suspects who seized 800 pieces of antiquities in Baghdad.
"The security forces arrested three suspects with 800 pieces of antiques that they were selling to a person for the purpose of smuggling and trading," the official spokesman of the Supreme Judicial Council, Judge Abdul Sattar Birqdar, said in a statement received by the All Iraq agency. .
"The defendants have been confirmed confessions before the investigating judge in the Court of Inquiry Rusafa competent to consider economic crimes, and the completion of all legal procedures in order to refer them to the court of the subject to receive their fair punishment."
The Central Criminal Court in the Presidency of the Appeal Court of Baghdad Rusafa federal sentenced to life imprisonment and a fine for convicted convicted drug trafficker in Baghdad. "The Central Criminal Court considered the case of an accused drug dealer and sentenced him to life imprisonment and a fine of 15 million dinars," Judge Birkdar said.
He added that "the defendant and at the time of his arrest seized the substance of the crystal and tools used to abuse intended to be traded in the capital Baghdad," noting that "the court issued its decision in accordance with the provisions of Article 28 of the Law on narcotic drugs and psychotropic substances."
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