TNT Ssaturday Update
Iraqi TV is reporting a meeting scheduled for Monday that will resolve all of the block issues.
Also projecting ratification of the elections will be finalized on Monday. #wearethepeople
An economist reveals the bank's printing of large amounts of currency with small categories to replace them with damage
now, this is not the lower demons we are looking for, but I bet this is not only to replace damaged notes probably to help transition to the lower notes but then again I live in dinar glasses hahaha
also what a weird picture to put in a money article hmmmmm
Information / Special ...
The economic expert Majid al-Suri, on Saturday, the printing of the Central Bank of Iraq large amounts of Iraqi currency with small groups to pump it to the market and eliminate the current crisis and withdraw the damage.
"The Iraqi market is facing a problem in the small currencies of 250, 500 and 100 dinars because of the lack of printing and the large damage and not withdraw."
He added that "the Central Bank has printed large quantities recently of the Iraqi currency with small groups for the purpose of pumping them to markets and pull the damage and eliminate the scarcity," noting that "the bank faces two problems in resolving the matter works to resolve the first Counting and sorting of printed currency and the second refusal of banks to receive damaged currencies for the purpose of withdrawing from the markets.
He pointed out that "the bank is working to solve the problem of counting and sorting first and then go to pump and pull the damaged."
The Iraqi market is suffering from a large scarcity in the small currency categories, which affected the economic movement in daily transactions
WOTS Saturday 8/18/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,185.0000 | 1,185.0000 | 1,185.0000 | | 17:39 |
| USD/VND | | | 23,259.0000 | 23,259.0000 | 23,259.0000 | | 12:00 |
| USD/CNY | | | 6.8766 | 6.8766 | 6.8766 | | 11:30 |
| USD/KWD | | | 0.3030 | 0.3030 | 0.3030 | | 16:27 |
| GBP/USD | | | 1.2755 | 1.2755 | 1.2755 | | 17:08 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,578.0000 | 14,578.0000 | 14,578.0000 | | 16:30 |
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DC NY Iraq Articles:dd
Jaafari retires political action closed
August 18, 2018
BAGHDAD / SNG - Foreign Minister Ibrahim al-Jaafari decided to retire from politics and work to establish his own cultural institution.
"I will not take any political action today and I am waiting for the formation of the government to hand over the foreign ministry," Jaafari said in a press statement.
"I decided to be preoccupied with cultural aspects and to establish a cultural institution for literature and reading," he said.
Rafidain launches an advance of 7 million dinars for retirees
Release date: 2018/8/18 8:36 • 482 times read
Baghdad: Al-Furat News} Rafidain Bank launched a double and double payment of civilian and military retirees through electronic payment tools.
The bank's information office said in a press statement received by the agency {Euphrates News} copy today that "an advance was launched for retirees electronically ranging between three million dinars or seven million dinars."
He pointed out that "the advance comes to support the segment of retirees and does not require complicated procedures and without guarantor guarantor."
He pointed out that "the advance comes to support the segment of retirees and does not require complicated procedures and without guarantor guarantor."
Kurdistan parliament receives financial reports for 2016, 2017
Iraq, August 18, 2018
Presidency bureau of the Kurdistan Region’s Council of Ministers has transferred two financial reports to the parliament to debate the generated revenues and expenditures for the years of 2016 and 2017.
The parliament leadership said that it has submitted the reports and a copy of a written statement, issued by the Financial Ministry, to the Economic Committee. The Council of Ministers did this in response to a request by the parliament in January 2018.
The financial report for the year of 2016 included all the economic activities, which have been received by the governmental institutions between January 1, 2016 and December 31, 2016,” the parliament leadership said.
The Financial Committee has begun to debate the legislation that will lay out the Kurdistan Region’s 2019 budget.
In their first meeting, the committee members adopted several measures related to government expenditures, monthly oil revenues, and employment for university graduates.
If adopted by parliament, the budget legislation would be first of its kind in five years and would represent a collaboration with the Financial Ministry to draft the legislative language.
The Kurdistan Region’s Financial Minister, Rebaz Hamlan, said on August 7 that his office had transferred its report to the Council of Ministers for review.
Attempts by the Financial Ministry to prepare the budget for 2019 comes as the extended term of the current parliament round is about to expire. A number of MPs have said that there is not enough time for the current parliament to pass the budget, even if it is approved by the KRG.
Tomorrow .. Opening of Kirkuk - Erbil
18/8/2018 12:00 am
Erbil / Sundus Abdel Wahab
The Directorate of Roads and Bridges in Erbil continues the work of the cadres and cadres of engineering and technical to erect the temporary iron bridge on the Elton bridge bridge concrete, likely to open on Sunday.
The General Director of Roads and Bridges in Arbil, Honer Nuri said in an interview with «morning»: «The engineering and technical staff continue to work continuously to reopen the Elton Bridge bridge in Kirkuk, especially for tourists and tourist attractions before Eid al-Adha».
The opening of the temporary bridge connecting Kirkuk and the provinces of the south and the center of the cities of the region on Sunday, pointing out that the total cost of business amounted to 220 million dinars and a record period of achievement did not exceed nine days.
Nuri pointed out that the iron bridge Universal type with a load of 68 tons, indicating at the same time, the establishment of the necessary approaches to be lifted after the formation of the concrete bridge «the back pass from the side of Arbil by the Ministry of Housing and Federal reconstruction, which provides freedom of movement for vehicles»
The opening of the temporary bridge connecting Kirkuk and the provinces of the south and the center of the cities of the region on Sunday, pointing out that the total cost of business amounted to 220 million dinars and a record period of achievement did not exceed nine days.
Nuri pointed out that the iron bridge Universal type with a load of 68 tons, indicating at the same time, the establishment of the necessary approaches to be lifted after the formation of the concrete bridge «the back pass from the side of Arbil by the Ministry of Housing and Federal reconstruction, which provides freedom of movement for vehicles»
Al-Mayahi: A high-ranking delegation representing several Iraqi political parties will visit the Kurdistan region
18/8/2018
A member of the leadership of the current wisdom, Mohammed Jamil Mayahi, that a high delegation representing several Iraqi political parties will visit the Kurdistan region, in the coming days.
Al-Mayahi said in a press statement that this comes within the consultations to form the largest bloc in the Iraqi parliament in order to announce the name of the next prime minister and start negotiations to form the Iraqi government.
He added that the draft of the political majority has reached its final stages, and is to be the wisdom and the rest of the victory and the national and the Union of Iraqi forces the largest bloc together.
He pointed out that there are talks at a high level to join the Kurdistan Democratic Party and the Patriotic Union of Kurdistan and Fatah and the Turkmen and Christians and the new alliance. .
Brawl between members of two clans in Muthanna sit-ins and activist Basem Khashan beaten
2018/08/18 00:11 511 Editor:
Baghdad today _ Muthanna
A security source reported Saturday (August 18, 2018) that a civilian activist in the name of Khashan was beaten after a quarrel erupted between members of two clans inside the Muthanna province.
The source told "Baghdad Today" that "a fight broke out between a number of leaders of sit-ins in the province of Muthanna, and then developed to beating hands between members of the tribes of Al-Zalam and Aljayash."
He added that "the civil activist in the name of Khashan, one of the leaders of demonstrations and sit-ins were beaten after the fight," noting that "the security forces surrounded sit-ins and intensified their presence in anticipation of any emergency."
Kauaihn Iraq Articles:dd
Conflict between the formation of the next government between Washington and Tehran what benefits the citizen from it
Last updated: 18 August 2018 - 12:33 PM
BAGHDAD (Reuters) - The US-led coalition in Iraq, Brett McGuck, has held a series of meetings with Sunni, Shiite and Kurdish leaders during In the same time as the meetings of the leader of the Quds Force, Qasem Soleimani, in Baghdad, and revealed the Sadrist movement for its rejection of these movements, threatening to take to the street if the government was formed by Tehran and Washington, while Abadi suffers from attempts to break up his alliance. , Fadel Al-Obeidi, J press statement, he said that " the Americans and the Iranians are in Baghdad since Wednesday night, and the rush to resolve alliances."
"In the end, there will be no government unless the two sides agree on the Iraqi file in particular. There will be no victor among them, like the last 2014 government, which ended with Haidar al-Abadi, a figure who was not on the list of deputy ministers, "The current Iranian efforts are aimed at reshaping the Shiite house again, and for Sawsoun, so far our decision is to reject the return of political sectarian stereotypes again," he said, adding that "the option of going down to the street by the Sadrists exists if we find that Iran and the United States are the ones who put the government into shape and not its characteristics "He said that" Sulaymani arrived in Iraq and joined the rest of the members of the Iranian delegation, and the Iranian embassy has become an operating room to form the next government, "noting that" efforts during the past hours targeted the victory bloc, led by Haider Abadi, and the goal is to disintegrate and withdraw as much as possible Its members to the camp of Maliki al-Amiri. "
"We are in close contact with the Iraqi Communist Party. But for the Abbadi bloc, I do not think it will stand, and there is information that it may collapse at any time. The Fadhila Party and the Ta'a movement led by Faleh al-Fayadh, the head of the popular crowd, may separate from Abadi, which will turn him into a simple bloc that will decline from third to seventh at best. "
For his part, the governor of Zamili, the head of the Security and Defense Committee in the former parliament and a close to Muqtada al-Sadr, said that "there are clear divisions between the blocs on the formation of the Great Bloc, and so far there are two main axes are the axis (sowron, wisdom, victory) And the rule of law). Both axes are trying to be the big block in a clear and undeniable race. "
On the other hand, most of the Sunni Arab Iraqi forces ended their differences by agreeing on a unified bloc approaching 60 seats, excluding several blocks of the same component preferred to stay with Allawi and Abadi, such as "transient" led by Qassim Fahdawi, or " And the "National Front" led by Saleh al-Mutlaq.
The differences are still dominant in the Kurdish blocs, which so far failed to reunite their ranks to go to Baghdad with one delegation to resolve political alliances with one of the camps there, or even prepare a paper or political program Unified for the Kurds. At a time when some parties are trying to restructure the Kurdistan Alliance again, another believes that this is impossible in light of the great division within the Kurdish House.
"In the end, there will be no government unless the two sides agree on the Iraqi file in particular. There will be no victor among them, like the last 2014 government, which ended with Haidar al-Abadi, a figure who was not on the list of deputy ministers, "The current Iranian efforts are aimed at reshaping the Shiite house again, and for Sawsoun, so far our decision is to reject the return of political sectarian stereotypes again," he said, adding that "the option of going down to the street by the Sadrists exists if we find that Iran and the United States are the ones who put the government into shape and not its characteristics "He said that" Sulaymani arrived in Iraq and joined the rest of the members of the Iranian delegation, and the Iranian embassy has become an operating room to form the next government, "noting that" efforts during the past hours targeted the victory bloc, led by Haider Abadi, and the goal is to disintegrate and withdraw as much as possible Its members to the camp of Maliki al-Amiri. "
"We are in close contact with the Iraqi Communist Party. But for the Abbadi bloc, I do not think it will stand, and there is information that it may collapse at any time. The Fadhila Party and the Ta'a movement led by Faleh al-Fayadh, the head of the popular crowd, may separate from Abadi, which will turn him into a simple bloc that will decline from third to seventh at best. "
For his part, the governor of Zamili, the head of the Security and Defense Committee in the former parliament and a close to Muqtada al-Sadr, said that "there are clear divisions between the blocs on the formation of the Great Bloc, and so far there are two main axes are the axis (sowron, wisdom, victory) And the rule of law). Both axes are trying to be the big block in a clear and undeniable race. "
On the other hand, most of the Sunni Arab Iraqi forces ended their differences by agreeing on a unified bloc approaching 60 seats, excluding several blocks of the same component preferred to stay with Allawi and Abadi, such as "transient" led by Qassim Fahdawi, or " And the "National Front" led by Saleh al-Mutlaq.
The differences are still dominant in the Kurdish blocs, which so far failed to reunite their ranks to go to Baghdad with one delegation to resolve political alliances with one of the camps there, or even prepare a paper or political program Unified for the Kurds. At a time when some parties are trying to restructure the Kurdistan Alliance again, another believes that this is impossible in light of the great division within the Kurdish House.
As Iraq Sanctions Iran Trade, Saudi Arabia Boosts Border Crossing
Iraq, August 18, 2018
Opening the Arar border crossing on Iraq’s border with Saudi Arabia could help locals economically. But analysts say it’s also about international influence.
“Work is underway to re-open Arar for commercial purposes before the upcoming Haj season in a manner that benefits both Iraq and Saudi Arabia,” said Abdul Aziz al-Shammari, the Saudi ambassador to Iraq. In a televised interview announcing that the border crossing is to be permanently opened, he said that the Iraqi and Saudi sides have agreed on everything required for the reopening of the crossing for commercial purposes.
This is not the first time that Saudi Arabia announced its approval for the reopening of the border crossing, and with every such announcement voices supporting normal relations with Saudi Arabia are heard. Local residents also say the border crossing opening will boost economic recovery in the area.
However, the issue of ownership of the border crossing remains a significant stumbling block: It is located within the borders of the Nukhayb district, approximately 300 kilometres southwest of Ramadi, which is in the Anbar province .
The Nukhayb district was created in 1960 and remained part of Anbar province’s Rutba district until 1978 when it was annexed to Karbala for 14 months. It was returned to the Anbar province in 1979 as a result of a crisis between the local population of the Nukhayb district and Ahmad Hassan al-Bakr, a former President of Iraq, after which it became a separate district in 2016, following a vote by Anbar provincial council members.
The Arar crossing point is located on the Iraqi-Saudi border, 97 kilometres southwest of the Nukhayb district, and since 2003 has officially only opened during the pilgrimage season so that Iraqi pilgrims can travel to the holy site of Mecca in Saudi Arabia. The border crossing has two routes; the first passes through the Karbala province and the second passes through the Anbar province.
The local government in the Anbar province highlights the success of its security and service operations every pilgrimage season, while at the same time stressing that this is done without financial allocations to the border crossing. It is also a way of confirming its ownership of the Nukhayb district and the Arar border crossing.
Taha Abdul Ghani, a member of the Anbar provincial council, told NIQASH that “no province other than Anbar has the right to administrate the Arar border crossing, as all documents prove that the Nukhayb district and Arar border crossing fall within the administrative borders of the Anbar province. Any other claim is a slander and a violation of Anbar’s rights.”
“Anbar province has administrated the Nukhayb sub district for 15 years. It allocated huge amounts of money to services and projects in the Nukhayb district in support of all sectors, as well as for logistical services to ensure the success of security plans and the travel of pilgrims through the Arar border crossing.”
In addition to its importance for commercial and tourism purposes, the Saudi-Iraqi border crossing is significant for various local and international political parties for political and security reasons. Observers and experts say that any developments related to the Nukhayb district tend to increase tensions and they stress that economic issues are not the only reasons.
“Controlling the Nukhayb district and the Arar border crossing from the Iraqi side has one specific reason,” retired military man, Mohammed Kartan explains. “Anbar wants to maintain the border crossing with its Sunni environment, specifically the Gulf, and Karbala and Najaf want to impose their control and influence to isolate Sunni elements from their support in the Gulf.
“Whoever controls the Jdaidet Arar border crossing and the Nukhayb district controls important transportation routes between Iraq and Syria that were created when the Islamic State group occupied most of the cities of the Anbar province. These routes were created in an attempt to find alternative ways to bring financial and logistical support to Syria without having to pass through extremist-occupied areas.”
The reopening of the border crossing could serve as an important outlet for Iraqi and Saudi trade, but it is a painful economic blow to Iranian trade, which heavily and directly depends on the Iraqi market.
Kareem al-Nouri, a leader of the popular crowd forces, told NIQASH that “if we assume good intentions on the part of Saudi Arabia, the decision to resume business permanently at the Arar border crossing is a good and useful decision which restores relations between Iraq and Saudi Arabia. However, we believe that the decision is of a political nature and its timing is not appropriate, especially with the US sanctions on Iran.”
“The opening of the border crossing, which is located in a sensitive and important city that is still categorised as a disputed area, could trigger a real crisis that may evolve into a conflict,” al-Nouri said. “Announcing the opening of the border crossing at this time is not a popular decision and it should be reconsidered.”iraq-
Iraq signs agreement with Chevron to develop oil fields
Iraq, August 18, 2018
Basra Oil Company on Thursday (August 16) signed an agreement with US Chevron energy company to set up a multiparty oilfield development company, along with the construction of an oil refinery.
On the sidelines of signing the contract on August 16, 2018, Ihsan Abdul Jabbar, director general of Basra Petroleum Company, told reporters that 'the agreement is contributed to the establishment of an energy company, in addition to the development of a study to develop oil fields and the establishment of an oil refinery.'
He said that the partnership agreement with Chevron is to establish a relationship between the Ministry of Oil and the Company to develop oil and gas fields, as well as the development of supporting installations, storage and export systems.
Iraq currently produces about 4.5 million barrels of oil per day, of which 3.5 million are exported, and works with giant foreign energy companies to raise its production capacity.
The government has recently announced plans to increase the country's production capacity to 6.5 million bpd by 2022.
The repercussions of the American-Iranian dispute on the political process in Iraq
Aug 18, 2018
The controversy is growing and there are many differences between the Iraqi parties in the way to reach the seat of government in Iraq, after the completion of the resolution of the file of the presidency and parliament, in line with the principle of national consensus and sectarian, and what is known as political quotas. At a time when the parties are still in force on the country's capabilities, in the circle of regional and international conflict, to form a government that is intended to support and support the policies of Iran and the United States together in the region.
Although the system of parliamentary elections adopted in Iraq allows the candidate of the largest bloc the right to be elected prime minister, the moral dilemma resulting from the subordination of some candidates to other nations and the association of others, The Iranian authority, Ali Khamenei, may perpetuate this debate in the political and popular circles regarding the legitimacy of accepting the nomination of a prime minister not linked to the will of the people and the sovereignty of Iraq, but to external interests that fall within the conflicts of regional states and their national agendas, The national will, which translated the events of recent Iraqi political scene, of the Iraqi uprising, the rejection of the Iraqi street parties corrupt, and condemn the corruption of the political class and their subordination to Iran, and to demand a national political elite are not subject to a conflict of sectarian and factional interests, which are more worthy than others in the leadership of the country.
To respond to these legitimate demands made by the popular movement, there is a call to accelerate the formation of the next Iraqi government and as soon as possible, on the right basis, to address corruption and meet the demands of citizens protestors, due to poor basic services and alleviate their suffering. There are those who stress the importance of starting to form a government of fair competencies or a national salvation government, with the President assuming full responsibility for the performance of his Government and be firm, strong and courageous in the fight against financial and administrative corruption. Is it possible to reach this, despite the absence of legal legitimacy to the process of legislative elections, after fraud and the destruction of funds? Is it possible to form a new government and choose who heads it as the dispute between Iran and the United States escalates? May end the process of re-sorting and counting formal, which proved lack of integrity, and differences of fraud, but may declare the beginning of an endless conflict, and no solution between the parties to power in Iraq, may hinder the two strands on the hierarchy of power to reach the throne of government. Taking into account the problematic internal and external factors affecting the political situation, which may prevent the continuation of the political process of compatibility in its current form since 2003, as a result of changes in the regional situation after the US-Iranian dispute on the one hand, and the widening of the protests in Iraq, and maturity The goals of the Iraqis, Shiites were or a year, and met in the move to the extent of changing the nature of the system.
It is clear that the turning point in the Iranian crisis after the Trump administration imposed new sanctions on Tehran has reduced the chances of success in reaching alliances to form the largest parliamentary bloc capable of forming a government in favor of Iran as a result of the inevitability of Iraq's commitment to sanctions. Abadi, who acknowledged that Baghdad should respect those sanctions, unlike the factions and parties affiliated with Iran, which refused to abide by and implement them.
There is no doubt that the struggle of the parties in force in the current Iraqi scene and their hope of reaching the post of Prime Minister follows the results of the Iranian-Iranian clash of strengths and weaknesses resulting from the policy of Iran's arms in Iraq, , And the inclusion of a number of Iraqi figures winning some parliamentary seats on the list of new US terrorism, which will be the decision of the process of forming a government, in conjunction with the negotiations form, which is pushing Iran to support them in their favor, to avoid starting economic sanctions.
There is no doubt that the failure to reach an agreement on the future form of the government means that Haider al-Abadi remains the head of the executive authority. This, in turn, does not serve the secrets of the Iranian strategy concerning the nuclear issue. It has become clear that the regime of the Wilayat al-Faqih has decided to use its allies in the Iraqi elections to reach the prime minister and make it a pressure card to ease the siege. Iran does not want to form an Iraqi government that complies with US sanctions against it. Sanctions and prevent them from achieving their goals in reducing the role of Iran in the region. This explains Iraq's official position on the US boycott, represented by the prime minister, after the United States announced the imposition of economic sanctions on Tehran that «Baghdad will commit to protect the Iraqi people». And the decision of the Central Bank of Iraq to ban dealing with Iranian banks in US currency, which also explains the reason for canceling the visit of the Iraqi delegation to Tehran, which in itself is a clear signal of the Iraqi Prime Minister's commitment to the mechanism of sanctions and its linkage to the US agenda, which is hoped to start to apply in Iraq, To impose the will of America in the future, which will serve as a straw that will divide the back of the coalition of ruling parties in Baghdad. Iraq's obligation to implement the decision to boycott the Iranian regime will inevitably lead to an expansion of its involvement in the Iraqi economy through its parties and militias, which could move Iraq into an internal conflict between the followers of America and Iran's followers within the same influential parties and eventually develop into an Iranian-American intervention Direct, to redraw the political process in Iraq. T
Although the system of parliamentary elections adopted in Iraq allows the candidate of the largest bloc the right to be elected prime minister, the moral dilemma resulting from the subordination of some candidates to other nations and the association of others, The Iranian authority, Ali Khamenei, may perpetuate this debate in the political and popular circles regarding the legitimacy of accepting the nomination of a prime minister not linked to the will of the people and the sovereignty of Iraq, but to external interests that fall within the conflicts of regional states and their national agendas, The national will, which translated the events of recent Iraqi political scene, of the Iraqi uprising, the rejection of the Iraqi street parties corrupt, and condemn the corruption of the political class and their subordination to Iran, and to demand a national political elite are not subject to a conflict of sectarian and factional interests, which are more worthy than others in the leadership of the country.
To respond to these legitimate demands made by the popular movement, there is a call to accelerate the formation of the next Iraqi government and as soon as possible, on the right basis, to address corruption and meet the demands of citizens protestors, due to poor basic services and alleviate their suffering. There are those who stress the importance of starting to form a government of fair competencies or a national salvation government, with the President assuming full responsibility for the performance of his Government and be firm, strong and courageous in the fight against financial and administrative corruption. Is it possible to reach this, despite the absence of legal legitimacy to the process of legislative elections, after fraud and the destruction of funds? Is it possible to form a new government and choose who heads it as the dispute between Iran and the United States escalates? May end the process of re-sorting and counting formal, which proved lack of integrity, and differences of fraud, but may declare the beginning of an endless conflict, and no solution between the parties to power in Iraq, may hinder the two strands on the hierarchy of power to reach the throne of government. Taking into account the problematic internal and external factors affecting the political situation, which may prevent the continuation of the political process of compatibility in its current form since 2003, as a result of changes in the regional situation after the US-Iranian dispute on the one hand, and the widening of the protests in Iraq, and maturity The goals of the Iraqis, Shiites were or a year, and met in the move to the extent of changing the nature of the system.
It is clear that the turning point in the Iranian crisis after the Trump administration imposed new sanctions on Tehran has reduced the chances of success in reaching alliances to form the largest parliamentary bloc capable of forming a government in favor of Iran as a result of the inevitability of Iraq's commitment to sanctions. Abadi, who acknowledged that Baghdad should respect those sanctions, unlike the factions and parties affiliated with Iran, which refused to abide by and implement them.
There is no doubt that the struggle of the parties in force in the current Iraqi scene and their hope of reaching the post of Prime Minister follows the results of the Iranian-Iranian clash of strengths and weaknesses resulting from the policy of Iran's arms in Iraq, , And the inclusion of a number of Iraqi figures winning some parliamentary seats on the list of new US terrorism, which will be the decision of the process of forming a government, in conjunction with the negotiations form, which is pushing Iran to support them in their favor, to avoid starting economic sanctions.
There is no doubt that the failure to reach an agreement on the future form of the government means that Haider al-Abadi remains the head of the executive authority. This, in turn, does not serve the secrets of the Iranian strategy concerning the nuclear issue. It has become clear that the regime of the Wilayat al-Faqih has decided to use its allies in the Iraqi elections to reach the prime minister and make it a pressure card to ease the siege. Iran does not want to form an Iraqi government that complies with US sanctions against it. Sanctions and prevent them from achieving their goals in reducing the role of Iran in the region. This explains Iraq's official position on the US boycott, represented by the prime minister, after the United States announced the imposition of economic sanctions on Tehran that «Baghdad will commit to protect the Iraqi people». And the decision of the Central Bank of Iraq to ban dealing with Iranian banks in US currency, which also explains the reason for canceling the visit of the Iraqi delegation to Tehran, which in itself is a clear signal of the Iraqi Prime Minister's commitment to the mechanism of sanctions and its linkage to the US agenda, which is hoped to start to apply in Iraq, To impose the will of America in the future, which will serve as a straw that will divide the back of the coalition of ruling parties in Baghdad. Iraq's obligation to implement the decision to boycott the Iranian regime will inevitably lead to an expansion of its involvement in the Iraqi economy through its parties and militias, which could move Iraq into an internal conflict between the followers of America and Iran's followers within the same influential parties and eventually develop into an Iranian-American intervention Direct, to redraw the political process in Iraq. T
The commander of the Abbas squad reveals new details about the bombing of the division's weapons store in Karbala
2018/08/18 00:36
Baghdad today - Karbala
On Saturday, August 18, 2018, the commander of the Al-Abbas combat squad, Maitham al-Zaidi, revealed new details about the bombing of the weapons depot in the province of Karbala.
Zaidi said in an interview with (Baghdad today), "The explosion that targeted a warehouse belonging to the division took place in a container of weapons that we previously emptied, but we have kept three boxes of weapons, not containing hardware, only Kmmin."
He added that "the intensity of the explosion that occurred suggests and indicates that it happened by external action," noting that "the explosion did not result in injuries."
While the commander of the Abbas squad refused to give more details "in anticipation of the enemy using them."
On Saturday, August 18, 2018, the Al-Abbas combat brigade announced that it had targeted one of its "imaginary" warehouses in the province of Karbala, indicating that its defenses had spotted two aircraft.
Unknown people blow up electricity towers in northern Iraq
18/08/2018
Unidentified gunmen blew up high-pressure power towers in the northern province of Kirkuk today, causing a total power outage in the province of Nineveh and parts of Kirkuk.
"The gunmen detonated a third tower to transport high-pressure energy," said al-Obeidi, who is also the head of the Kirkuk police station, Hamed al-Obeidi. Mullah Abdullah - Debbs) in Kirkuk. "
"The bombing of high-pressure power towers led to the complete extinguishing of electricity in the province of Nineveh, and parts of Kirkuk," the Iraqi Electricity Ministry said in a statement.
"The technicians at the General Electric Transmission Company in the northern region have started maintenance work to restore the lines for service," the ministry said.
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Billionaire Ray Dalio: Quit these 4 bad habits to start actually achieving your goals
Billionaire founder of Bridgewater Associates Ray Dalio shares the system he uses to achieve goals in his book, "Principles."
Mark Cuban shares his top advice for Elon Musk on taking criticism
Billionaire technology entrepreneur Mark Cuban weighs in on Tesla CEO Elon Musk's style as a leader and shares advice for taking criticism.
OIL/COMMODITIES/ENERGY
Gold given respite by planned US-China trade talks
Gold prices bounced from 19-month lows on Thursday as the dollar slipped on news that China and the United States will hold trade talks this month, although sentiment remained negative.
Read more: https://www.cnbc.com/2018/08/
Gold Prices Gain, Dollar Slips as U.S. Confirms Trade Talks with China
Investing.com
Gold prices traded slightly higher on Friday Read the full story
Oil prices rise, but outlook for demand grows gloomy
Oil prices clawed back some of the previous day's losses after Beijing said it would send a delegation to Washington to try to resolve a trade dispute between the United States and China.
Oil Prices Recover as Trade Hopes Bolster Rebound
Investing.com
© Reuters. Crude rebounds for first time this week as trade tensions ease Read the full story
Oil prices fall amid fears over global economic growth
Business Insider
FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma Thomson Reuters TOKYO (Reuters) - Oil prices fell on Friday, with U.S. crude heading for a seventh weekly decline amid increasing concerns about slowing global economic growth that could hit demand for petroleum products. Brent crude oil futures were down 5 cents at $71.38 a barrel by 0050 GMT. U.S. West Texas Intermediate (WTI) crude futures dropped 4 cents to $65.42 a barrel. Brent Read the full story
Commodities - U.S. Crude Heads for Seventh Weekly Decline Amid Trade Fears
Investing.com
Investing.com
© Reuters. Crude holds onto gains for second day, still on track for weekly decline Read the full story
BANKS/BANKING/CREDIT
A 29-year-old bought a $60,000 Tesla with a credit card and earned an estimated $5,000 in rewards
Keith Rosso put a $58,857 Tesla Model 3 on a credit card and now he and his wife may be able to fund a vacation using the points.
Americans Paid $104 Billion In Credit Card Interest
Forbes Magazine
American consumers have spent more than $100 billion in credit card interest over the last year. Read the full story
Latin American And Asian Banks Are Promising For Long-Term Investors
Forbes Magazine
During market turmoil, it is easy to want to sell. Yet, for disciplined investors with a long-term horizon, this is a good time to explore investments in emerging market Latin American and Asian banks. Read the full story
Citigroup settles U.S. charges of bad controls that led it to lose millions: SEC
Reuters
Citigroup has agreed to pay $10.5 million to settle charges related to bad loans made by its Mexican subsidiary, Banamex, between 2008 and 2014, and to trader mismarking and unauthorized proprietary trading by Citigroup Global Markets Inc. from 2013 to 2016, the Securities and Exchange Commission said on Thursday. Read the full story
A financial planner shares an 8-step plan to paying off your credit-card debt
Business Insider
Making a plan can help you manage and pay off your debt. WAYHOME studio/Shutterstock Credit-card debt can often become overwhelming. According to a new report by ValuePenguin, the average American household has $5,700 in credit-card debt. Below, a certified financial planner (CFP) suggests an 8-step plan to paying off your credit card debt. When it comes tocredit card debt,it can get overwhelming - and fast. The more you acquire, the more you may want to ignore it and delay paying it back. I Read the full story
Big Banks Worried That Volcker Rule Rewrite Goes Too Far
Barron's
Some big banks are having second thoughts about the Federal Reserve's plans to change the Volcker Rule. Read the full story
Your credit rating suddenly jumped? Here's why
CBS News
A 2017 settlement with the credit reporting agencies has raised many Americans' credit scores Read the full story
5 financial planning myths you need to dispel now
MarketWatch
You may think it’s for rich people, or something you can put off until later. We’re setting the record straight. Read the full story
TREASURIES/BONDS/STOCKS
Dow posts biggest jump since April after US and China say trade talks to resume
Stocks closed higher on Thursday on renewed hope that a resolution to a trade dispute with China could be on the horizon. Investors also cheered strong quarterly results from Walmart and Cisco Systems.
Read more: https://www.cnbc.com/2018/08/
US Treasury yields rise on hopes for resumption of China trade talks
U.S. government debt prices came under pressure on Thursday.
Read more: https://www.cnbc.com/2018/08/
There are signs the U.S. economy is approaching its speed limit
MarketWatch
Few are arguing that the economy is about to enter a tailspin, but there’s some evidence to suggest the rate of growth may be approaching its limit. Read the full story
Why markets are worried about suddenly cold Turkey
ABC News
Why are investors around the world so worried about Turkey's economy, when it's smaller than Florida's Read the full story
Why have nations fallen out of love with US Treasury bonds?
Sky News
It's the world's safest and most actively-traded financial instrument - and essential in meeting the US government's voracious and ever-increasing appetite for borrowing. Read the full story
Blockchain technology set to revolutionize global stock trading
Forbes Magazine
If early adoption is any sign of what the future holds, blockchain technology can revolutionize stock market trading around the world. Read the full story
US Treasury yields slip ahead of key economic data
CNBC
U.S. government debt prices ticked higher on the final trading day of this week. Read the full story
CRYPTO'S / DIGITAL CURRENCY
Bets against bitcoin have doubled since the beginning of August, exchange says
MarketWatch
MarketWatch
Betting on bitcoin isn’t for everyone. However, according to data from a leading cryptocurrency exchange, interest in betting against the worlds biggest digital currency is growing. Read the full story
Ripple Endorses 'Preferred' Crypto Exchanges for XRP Payments
CoinDesk
Ripple is recommending three cryptocurrency exchanges as the "preferred partners" for transacting on its xRapid payments platform. Read the full story
Despite price crash, Bitcoin believers still say the best is yet to come
NBC News
Bitcoin's ups and downs may make investors squeamish, but those in the community are used to the fluctuations and say the underlying technology can still change the world. Read the full story
Volatile Bitcoin Bounces Back After Sell-Off -- A Worrying Sign?
Forbes Magazine
Bitcoin's volatility could mean a much-anticipated exchange-traded fund might not gain approval... Read the full story
Despite bitcoin slumping by half this year, hedge fund Pantera Capital is well on its way to hitting a $175 million target for its third and largest fund yet.
CURRENCIES
Dollar eases, yuan gains on U.S.-China trade talks
The U.S. dollar eased off a 13-1/ 2 month peak on Thursday, while the Chinese yuan recovered from its weakest level since January 2017 on news China and the United States will hold a new round of trade talks later this month.
Read more: https://www.cnbc.com/2018/08/
Forex - Dollar Hovers at 13-Month Highs; Euro Edges Lower
Investing.com
© Reuters. The dollar pared losses on Thursday Read the full story
Forex - Dollar Little Changed, Yuan Slips as U.S. Prepares Talks with China Next Week
Investing.com
© Reuters. The U.S dollar was little changed Read the full story
Euro rebounds from 13-1/2 month lows, dollar eases on U.S.-China trade talks
The euro recovered on Thursday from its weakest since late June 2017 and the dollar fell after news that a Chinese delegation will travel to the United States for trade talks, with investors buying back into currencies hit hard in the recent sell-off.
Turkish Lira 'Currency Crisis' Not Over, Could Hit 8 Against U.S. Dollar
Forbes Magazine
Without key structural reform being implemented to the Turkish economy, the exchange of the Turkish Lira against the U.S. dollar could plunge to 8.00 by the end of 2018 according to a forecast by leading Nordic bank SEB. This would equate to 40% below the current level of the beleaguered currency. Read the full story
INSURANCE / HEALTH / SCIENCE
NYU will offer free tuition to all medical students
CNBC
CNBC
The decision was made in efforts to address the rising costs of medical education, which have saddled graduates with thousands in debt and funneled them toward more lucrative specialties. Read the full story
How Not to Die from Kidney Disease
NutritionFacts
What are the three significant dietary risk factors for declining kidney function? Read the full story
Phantom smells may be more common than thought, study finds
NBC News
Detecting odors that aren't there can be a sign of a serious health problem. Read the full story
Wheat gene map to help 'feed the world'
BBC News US
Researchers are set to develop higher yield wheat varieties that require less water following the identification of more than 100,000 of its genes. Read the full story
FDA approves Teva's generic EpiPen, rivaling Mylan version
Fox Business
Approval comes amid a U.S. shortage of EpiPens according to the FDA. Read the full story
7 Easy Ways to Manage Stress
Health.com
Buh-bye, leisurely summer days; hello, jam-packed fall! Manage the feelings that come with all that busyness with these fast calming tricks. Read the full story
Five Unusual Ways In Which Food Can Improve Your Wellbeing
Forbes Magazine
Did you know that chewing, fasting and dark chocolate could all have a positive effect on your health? Read the full story
Eating This Many Carbs Is Linked to a Longer Life
TIME
A low-carb diet doesn't appear to be healthier Read the full story
USA/CANADA
Forget the trade war – it’s the strong US dollar that should really make us worry
South China Morning Post
South China Morning Post
Richard Harris says the strength of the US currency is bad news for economies with large trade deficits, budget problems or – like Turkey – enormous foreign borrowings. If the strong dollar continues, a global slowdown can’t be ruled out Read the full story
It isn’t only Turkey—Asia is the ‘elephant in the room’ in excessive dollar debts
MarketWatch
Investors casting a dim eye on the significant dollar borrowing by Turkish firms might want to give Asia a look to see the biggest malefactors of so-called original sin. Read the full story
White House economic advisor Kudlow confirms trade talks to resume with China later this month
Kudlow says talks will resume but warns that President Trump has a strong resolve to make sure the administration gets a good deal.
Pompeo forms 'Iran Action Group' for post-nuke deal policy
ABC News
Secretary of State Mike Pompeo is forming a special group to coordinate and run U.S. policy toward Iran as the Trump administration moves ahead with efforts to force changes in the Islamic Republic's behavior after withdrawing from the Iran nuclear deal Read the full story
Trump's military parade is estimated to cost $92 million – $80 million more than earlier estimate
CNBC
A Pentagon spokesman said in an email to CNBC that the Defense Department expects to make an announcement soon, but he would not comment further. The parade is slated for Nov. 10 in Washington, D.C. Read the full story
Dick Bove: Global turmoil shows the US is still the safest place for your money
CNBC
Despite its political angst, the United States is the best place to put your money and in comparison to other countries appears not only to be safe but also expanding economically. Read the full story
IRS employees to be held accountable for misconduct in new bill: Sen. Enzi
Fox News
Two new bills introduced in the Senate are aimed at ensuring accountability at the Internal Revenue Service (IRS). Read the full story
US can't make a deal on NAFTA without Canada: Bruce Heyman
Fox News
Bruce Heyman, former U.S. ambassador to Canada, discusses how the US can get Canada to agree to a new NAFTA deal Read the full story
Canada facing border crisis of its own?
Fox News
As immigrants continue to seek asylum in Canada through non-official ports of entry, the debate of how to handle them has become a hotly debated political issue. Read the full story
EMERGING MARKETS
Doctors, nurses protest rule of Venezuela's socialist leader
ABC News
ABC News
Riot police have blocked hundreds of doctors and nurses marching toward Venezuela's presidential palace to protest low pay and shortages of medical supplies in the nation's deepening crisis Read the full story
As emerging markets sink into bear territory, this one factor could be the tipping point
Emerging markets have been ravaged by the bears. One trader says oil could trigger the next drop.
Capital controls in Turkey could spark emerging market contagion, Goldman Sachs analyst says
Turkey imposing capital controls could quickly exacerbate the exposure of other emerging market economies, an analyst at Goldman Sachs told CNBC Thursday.
Ban on glyphosate would be 'disaster' for Brazil agriculture: minister
Business Insider
Brazil's Agriculture Minister Blairo Maggi arrives to a news conference in Brasilia Thomson Reuters By Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) - A potential ban on the popular herbicide glyphosate in Brazil would be a "disaster" for the country's agriculture, and a court case that has targeted the agrochemical is worrying, Agriculture Minister Blairo Maggi said on Thursday. A Brazilian court ruled on Aug. 3 that new products containing the chemical could not be registered in the country and Read the full story
Puerto Rico, 11 months later: How the private sector aids recovery
Fox Business
Team Rubicon is a nongovernmental organization comprised of veterans assimilating back to civilian life. Read the full story
Plan to turn to imported natural gas will cost Puerto Rico dearly
The Hill
Converting two units at the San Juan plant to natural gas would be a mistake. Read the full story
MIDDLE EAST
The harsh effects of Trump's Iran sanctions, and why Iranians worry the worst is still to come
Los Angeles Times
Los Angeles Times
In the days since some U.S. sanctions on Iran snapped back into place, the signs of misery have been everywhere in Tehran’s commercial districts. Read the full story
Turkey will emerge stronger from lira crisis, finance minister tells investors
Turkish banks are healthy and strong, Turkey's finance minister says
Turkey has been quietly dumping US debt
Business Insider
US President Donald Trump talks to Turkey’s President Recep Tayyip Erdogan at NATO headquarters in Brussels, Belgium on July 11, 2018. Turkey reduced its holdings of US debt by 12% between May and June. The sell-off came before the diplomatic spat between the US and Turkey. The news follows Russia's sell-off of US Treasuries from $96.1 billion in March to an eleven year low of $14.9 billion in May. Turkey's holdings of US sovereign debt dropped by 12% between May and June. The country's US Read the full story
Pompeo launches Iran task force to shore up support for its pressure campaign
ABC News
ABC News
Critics claim the change does little to boost the administration's Iran policy. Read the full story
Israeli police again question PM on corruption allegations
ABC News
Israeli police again question PM Netanyahu as part of investigations into corruption allegations Read the full story
Trump Middle East Peace Plan Won't Please Israel or Palestinians, US Officials Warn
Newsweek
"No one will be fully pleased with our proposal, but that's the way it must be if real peace is to be achieved," Trump's team said in a statement. Read the full story
AFRICA
The Constitutional Court will next Wednesday hear the case in which MDC Alliance leader Mr Nelson Chamisa is contesting the victory of President Mnangagwa in the just-ended presidential poll. The case management meeting attended by the parties in the chambers of the Chief Justice of Zimbabwe this morning, saw the matter being set down for August 22 at 10am. Mr Chamisa has been directed to file his answering affidavit and heads of argument by 12 noon on Saturday while President Mnangagwa has been Read the full story
After $80 billion blowouts, mega oil and gas projects are back
FurtherAfrica
FurtherAfrica
Investors are about to find out whether the world’s largest oil companies have learned their lesson from $80 billion of cost blowouts in major projects during the era of $100crude. Read the full story
Mozambique: Mining giant prepares $6.5m for social schemes
FurtherAfrica
Brazilian mining giant, Vale plans to invest $6.5 million for social projects in Mozambique by the end of this year benefiting more than 16,000 people in the coal-rich district of Moatize in the western province of Tete, the company said on Tuesday.Vale Mozambique currently employs more than 11,000 workers in its Moatize coal mining complex in Tete of which 93 percent are local while the remainder is foreign expatriate labor force. Read the full story
ASIA
This is how China controls its currency
CNN Money
CNN Money
China's yuan, which has dropped against the US dollar, has become caught up in the trade fight between the two nations. How much control does Beijing have? Read the full story
China wants foreigners to help boost flagging stock market and push its opening agenda
South China Morning Post
Beijing’s new rule to allow foreigners living in the country to trade domestic shares directly for the first time comes amid a market slump and pressure from US attacks on its trade practices Read the full story
US-China trade war will benefit Southeast Asia, Hong Kong shoppers as exporters seek new markets, California official says
South China Morning Post
Jeffrey Williamson, director of the California State Trade Expansion Program, says US exporters will explore markets they did not pay much attention to previously Read the full story
Asian shares gain on U.S.-China trade talks, lira recovers
Business Insider
Man walks past an electronic board showing Japan's Nikkei average outside a brokerage in Tokyo Thomson Reuters By Hideyuki Sano TOKYO (Reuters) - Asian shares won a modest reprieve on Friday after China and the United States agreed to hold their first trade talks since June next week and as the Turkish lira extended gains from its record low earlier this week. MSCI's broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> was up 0.2 percent in early trade, a day after it hit its Read the full story
Taiwan president visits Belize looking to shore up support
Business Insider
Business Insider
FILE PHOTO - Taiwan's President Tsai Ing-wen visits Paraguay's president-elect Mario Abdo Benitez' home in Asuncion Thomson Reuters By Jose Sanchez BELIZE CITY (Reuters) - Taiwan's President Tsai Ing-wen arrived in Belize on Thursday as she seeks to shore up dwindling alliances in the face of pressure from China to stamp out the island's international recognition. Belize is one of 18 remaining countries that recognize Taiwan, with Burkina Faso and the Dominican Republic shifting diplomatic ties Read the full story
EUROPE
The EU is 'deeply concerned' by UK's proposal to register EU citizens 'alphabetically'
Business Insider
Business Insider
Anti-Brexit demonstrators wave EU and Union flags outside the Houses of Parliament in London, Britain, January 30, 2018. The European Parliament is "deeply concerned" by a Business Insider report regarding a possible Uk government plan to register EU citizens ahead of Brexit in alphabetical order. Such an approach would be "complicated, arbitrary and could create unnecessary confusion and uncertainty for millions of EU citizens already living in limbo," according to a statement from the Brexit Read the full story
Merkel, Putin share a headache: Donald Trump
ABC News
German Chancellor Angela Merkel and Russia's President Vladimir Putin will have plenty to talk about when they meet Saturday _ thanks in no small part to U.S. President Donald Trump Read the full story
Theresa May's government has no deal Brexit plans for 84 areas of British life — here's the full list
Business Insider
Theresa May addresses members of her cabinet at an all-day Brexit session in Chequers, the Prime Minister's country retreat in Buckinghamshire. UK Govt handout, via Getty Images The UK government is preparing 84 areas of British life for a no deal Brexit, a new leak reveals. They cover a range of areas including bloody safety, pet travel, and tobacco. The first set of notes are reportedly set to be published next Thursday. Whilst the notes are written in a neutral tone, the Government hope that Read the full story
A New Leak Reveals The Government's "No Deal" Brexit Papers Will Cover 84 Areas Of British Life
BuzzFeed UK
Papers on the consequences of leaving the EU without an agreement will cover topics from broadcasting to blood safety, according to a list seen by BuzzFeed News. Read the full story
The British public now believes Brexit will damage the NHS
Business Insider
Vote Leave's notorious Brexit campaign bus Jack Taylor / Stringer For the first time, the opinion that leaving the EU will leave the NHS worse off is most popular with the British public. Theresa May has claimed that Brexit will create a "dividend" to spend on the NHS.; British voters are increasingly worried that Brexit will damage the NHS. LONDON - The British public is increasingly worried that Brexit will damage the NHS, according to new polling. For the first time since polling company Read the full story
CBI, ISX, Kauaihn Chatter:
CBI Update:
CBI closed on Friday and Saturday
Kauaihn Chatter:
http://www.dinarguru.com/
8-18-2018 Newshound/Intel Guru Mnt Goat The IMF does not want to put the Dinar out on a float at 1190 or any other program rate. ...I can give you a long list of reasons why it might not be a very good idea at this point in time to have a rate of 1190 on FOREX or any of the other global exchanges. ...there is one FACT...and that is the plan to move the dinar off the de facto peg with the US dollar to a new SDR peg with 5 other currencies from the developed countries. This is the key with this new peg in that they plan to set a new rate according to the new peg. ...This NEW PEG is what will get us the new rate we are looking for. ...normally, in past experiences, that when the IMF has done this repegging, they normally come out at about $1 USD equivalent. Then they float it and let the market drive it further. It does not normally take long to adjust and settle to the true value. The Balassa Samuelson effect is still in play and large amounts of capital can come into Iraq to rebuild just starting at 1:1 and not 1190:1. So Kap [Guru Kaperoni] is half right.
8-18-2018 Newshound Guru Kaperoni The Federal Court in Iraq will validate the election results on Monday
8-18-2018 Newshound Guru Kaperoni The Federal Court in Iraq will validate the election results on Monday
8-17-2018 Intel Guru Bruce [via PinkRoses] ...a lot of our sources, a lot of our people have gone silent more than we ever had. We had banks we can talk to, redemption centers we can talk to, people in the financial business that are watching this, variety of sources, but right now most of the ones that we talk to are under gag orders and some have signed NDAs and cannot talk to us. ...Where we are right now is we had an opportunity to go last night. It didn’t happen I believe due to some security concerns...My understanding is they were remedied, fixed where they were no longer an issue. That is how close we were going...I believe that we are in a position for this to go down just about to the point of any moment. ...The rates that have come up that we have known about and the projected rates that we are talking about are very good and even higher than we have talked about that we knew in the past or that I knew about in the past... ...We are in a really good place right now for this to come down still this week. That is what I am hearing, and I believe that is what the plan is.
8-17-2018 Intel Guru Randy Koonce Right now, the pressure for this to take place is Very Great. As in, 'Extremely Huge'. Our POTUS does not care who the PM will be. He believes we can work with anyone. ...However, there is an 'agency' who got in the middle of their election process, and once again delayed the rate change. Now, that 'agency' is really wanting this to happen. So, what do we need to see? We need to see the Election ratified by the Federal Court; the 'Coalition' needs to be announced; and the next PM will then be announced. Then our event will happen! However, if these events drag out, then the Event we are looking for just might happen without the Government. It's possible. So our 'window' will last to the end of the month of August, with a strong possibility for next week. The pressure will only get stronger closer to end of month. ...We REALLY are in the final stages of this. I know that this administration wants this to be over, and they (he) wants it over NOW!! We are SO close ...So, hang in there Everyone. It's coming, one way or the other!! Breathe. [Post 3 of 3]
8-17-2018 Intel Guru Randy Koonce Right now, the pressure for this to take place is Very Great. As in, 'Extremely Huge'. Our POTUS does not care who the PM will be. He believes we can work with anyone. ...However, there is an 'agency' who got in the middle of their election process, and once again delayed the rate change. Now, that 'agency' is really wanting this to happen. So, what do we need to see? We need to see the Election ratified by the Federal Court; the 'Coalition' needs to be announced; and the next PM will then be announced. Then our event will happen! However, if these events drag out, then the Event we are looking for just might happen without the Government. It's possible. So our 'window' will last to the end of the month of August, with a strong possibility for next week. The pressure will only get stronger closer to end of month. ...We REALLY are in the final stages of this. I know that this administration wants this to be over, and they (he) wants it over NOW!! We are SO close ...So, hang in there Everyone. It's coming, one way or the other!! Breathe. [Post 3 of 3]
8-17-2018 Intel Guru Randy Koonce People say that it is not pegged to the Dollar anymore. That is BS. The Dinar is currently pegged to 3 currencies, and will continue to be pegged that way. When they change the value, they will be able to determine how much and where. No one knows the exact Rate other than Shabibbi (still involved in the CBI) and the Governor of the CBI. They were given a "Range to Revalue the Currency". And that range begins at $1.50. Iraq actually needs it to be around $2.50 to be able to pay everyone and everything, and $1.50 will not leave them the ability to pay back the loans they will receive. So, I am of the OPINION it will come in higher than that. But we will see... [post 2 of 3....stay tuned]
8-17-2018 Intel Guru Randy Koonce First, we are in a new window of opportunity 'right now'. When I say that, it does NOT mean it will happen "without a doubt in this current window" (Remember: It's Iraq!). What it does mean is that there is a very good chance for the rate to finally change. Now. ...I hope that one day I might get the opportunity to explain why this has taken so long. There are so many factors at work. More than one person and/or agency has had influence on the RV. It has become far more political than anyone ever intended or expected. Also, for anyone who thinks this will come out at 10 cents and float up - they do not know how this system will work and did not read the right articles from the right people. This was never planned to be an 'economic text book' event. The Currency will be a MANAGED FLOAT. The word 'managed' is the clue. It means that 'someone' will determined when to move it and how much. The Dinar right now is on a Managed Float. So, you can see that if it does not RV that it will not move... [post 1 of 3....stay tuned]
8-17-2018 Intel Guru Jester SOMEONE MAY HAVE GOT PAID ... WE ARE BUSY CHECKING IT OUT... GOT THE WOLF [GURU REDWOLF] ... AND MARKZ [GURU MARKZ] AND EVERYONE LOOKING...HOPEFULLY SOME GOOD NEWS ... SATURDAY...
8-17-2018 Newshound Guru Kaperoni Iraq is on the verge of falling out of compliance at today's auction 1212 to 1 US dollar. If they don't reverse this in the next day or so they will fall out of compliance and then I expect the wheels to come off as Maliki attempts to drain dollars to help Iran. And despite what the gurus will say, it could be months at least three but probably more like years before they get back in line because I don't expect sanctions on Iran to be lifted anytime soon. Crooks like Maliki will realize that they are out of compliance and do everything they can to help their allegiance to Iran and to reverse that it could take years. The last time this occurred was in 2012 and look it's 2018 now. Ideally I believe the US Embassy in Iraq should step in and remove all of these corrupt politicians and start with a clean slate with the hope of a short window to begin reforms. So the next two to four weeks will be very telling... To see if the CBI can maintain the spread and if the government can be formed. [You can always see the latest CBI reported market rate and official rate on the left side of this page]
8-17-2018 Newshound Guru Adam Montana Article: "Federal Court to postpone the case of the export of oil Kurdistan directly to next month" Quote: "On Sunday, the Federal Supreme Court postponed the appeal against the export of oil from Kurdistan directly to the third day of next month." [The...article seems to indicate the Oil and Gas PROVISIONS can be implemented via the Federal Court....If so, the HCL related considerations may be applied more instantaneous than having to go through the upcoming newly seated Parliament, ratified by the yet to be elected President, and then published in the Gazette.] THIS is the reason I'm so excited right now! You are 100% correct - the HCL (OIL AND GAS!) can be implemented at any time! ANY TIME!...
8-17-2018 Intel Guru Randy Koonce First, we are in a new window of opportunity 'right now'. When I say that, it does NOT mean it will happen "without a doubt in this current window" (Remember: It's Iraq!). What it does mean is that there is a very good chance for the rate to finally change. Now. ...I hope that one day I might get the opportunity to explain why this has taken so long. There are so many factors at work. More than one person and/or agency has had influence on the RV. It has become far more political than anyone ever intended or expected. Also, for anyone who thinks this will come out at 10 cents and float up - they do not know how this system will work and did not read the right articles from the right people. This was never planned to be an 'economic text book' event. The Currency will be a MANAGED FLOAT. The word 'managed' is the clue. It means that 'someone' will determined when to move it and how much. The Dinar right now is on a Managed Float. So, you can see that if it does not RV that it will not move... [post 1 of 3....stay tuned]
8-17-2018 Intel Guru Jester SOMEONE MAY HAVE GOT PAID ... WE ARE BUSY CHECKING IT OUT... GOT THE WOLF [GURU REDWOLF] ... AND MARKZ [GURU MARKZ] AND EVERYONE LOOKING...HOPEFULLY SOME GOOD NEWS ... SATURDAY...
8-17-2018 Newshound Guru Kaperoni Iraq is on the verge of falling out of compliance at today's auction 1212 to 1 US dollar. If they don't reverse this in the next day or so they will fall out of compliance and then I expect the wheels to come off as Maliki attempts to drain dollars to help Iran. And despite what the gurus will say, it could be months at least three but probably more like years before they get back in line because I don't expect sanctions on Iran to be lifted anytime soon. Crooks like Maliki will realize that they are out of compliance and do everything they can to help their allegiance to Iran and to reverse that it could take years. The last time this occurred was in 2012 and look it's 2018 now. Ideally I believe the US Embassy in Iraq should step in and remove all of these corrupt politicians and start with a clean slate with the hope of a short window to begin reforms. So the next two to four weeks will be very telling... To see if the CBI can maintain the spread and if the government can be formed. [You can always see the latest CBI reported market rate and official rate on the left side of this page]
8-17-2018 Newshound Guru Adam Montana Article: "Federal Court to postpone the case of the export of oil Kurdistan directly to next month" Quote: "On Sunday, the Federal Supreme Court postponed the appeal against the export of oil from Kurdistan directly to the third day of next month." [The...article seems to indicate the Oil and Gas PROVISIONS can be implemented via the Federal Court....If so, the HCL related considerations may be applied more instantaneous than having to go through the upcoming newly seated Parliament, ratified by the yet to be elected President, and then published in the Gazette.] THIS is the reason I'm so excited right now! You are 100% correct - the HCL (OIL AND GAS!) can be implemented at any time! ANY TIME!...
8-17-2018 Intel Gurus Delta and Frank26 Article quote: "The value of the Iraqi currency fell from 1200 dinars to the dollar last Sunday, to 1210 dinars now..." THEY HAVE TO MOVE FASTER NOW... DO SOMETHING OR FALL OUT OF 2% COMPLIANT!!!
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Abadi's website)
At the time this report submitted, there were no new articles posted on PM Abadi's website. The latest post is dated August 15 and has already been shared.
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ARTICLE 2
Tweets: There are no new tweets on PM Abadi's twitter account; also, there are no new tweets on the Government of Iraq twitter account.
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ARTICLE 3
Friday 17 August 2018 11:34PM
Member of National Wisdom Movement (NWM) Gamil al-Mayahi has said a high-profile delegation will visit Kurdistan region. He added in a statement that this comes within the ongoing deliberations to form the biggest parliamentary bloc.He added that NWM, Sairun, Victory alliance and al-Wataneya are expected to come together and form the biggest bloc.Mayahi asserted there are high-level talks with the Kurdistan Democratic Party and the Patriotic Union of Kurdistan (PUK), Fatah alliance, Turkmen and Christians
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ARTICLE 4
Friday 17 August 2018 9:14PM
Kirkuk provincial council said on Friday Huwaija is a disaster area, noting reconstruction there could cost a hefty sum of money.According to a source in the provincial council, security situation in the city has improved. But there are some terror pockets and remnants in th districts of Janoub al-Riyad and al-Rashad along Hamrain valley. He also added the displaced persons have a desire to return home and support the government's plans for restoring stability.The money allocated to reconstruct areas in southern Kirkuk exceeds IRD 100 billion," the official noted.
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ARTICLE 5
Friday 17 August 2018 1:45 PM
Iranian-Qatari axis government has been officially formed in Iraq: sources
Well-informed sources told The Baghdad Post on Friday that the Iranian-Qatari axis government has been officially formed in Iraq.
The sources pointed out that the parliament's largest bloc will include Fatah Alliance, State of Law Coalition, Victory Alliance, Sunni axis and Patriotic Union of Kurdistan.
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ARTICLE 6
Friday 17 August 2018 11:27 PM
Saudi Arabia has contributed $100 million in Global Coalition to defeant ISIS
Saudi Arabia has contributed $100 million to the Global Coalition to Defeat ISIS, more specifically supporting stabilization projects in areas liberated from the terrorist group in northeast Syria, Al-Arabiya has said.
This is the largest contribution to the coalition to date for these areas in specific, and it is an implementation of the pledge made by Saudi Foreign Minister Adel Al Jubeir during the July 12, 2018 Global Coalition Ministerial Conference in Brussels, which was hosted by US Secretary of State Mike Pompeo.This substantial contribution will play a critical role in the coalition’s efforts to revitalize communities such as Raqqa, that have been devastated byISIS terrorists.
The funds will focus on projects to restore livelihoods and essential services in the areas of health, agriculture, electricity, water, education, transportation (key roads and bridges), and rubble removal.In accordance with the Saudi Arabia’s contributions to date, this additional $100 million will help facilitate the return of displaced Syrians, and help ensure that ISIS does not reemerge to threaten Syria, its neighbors, or plan attacks against the international community.
This contribution is a continuum of the Kingdom’s efforts in the coalition, including, but not limited to, co-leading the Counter Finance Working Group and serving as a key member of the Communications and Stabilization Working Groups, as well as, flying the second highest number of missions in Syria after the United States.
The contribution represents the kingdom’s close partnership with the US and the Global Coalition to Defeat ISIS, which aims to promote a shared responsibility among all coalition partners to face regional threats together.
This is the largest contribution to the coalition to date for these areas in specific, and it is an implementation of the pledge made by Saudi Foreign Minister Adel Al Jubeir during the July 12, 2018 Global Coalition Ministerial Conference in Brussels, which was hosted by US Secretary of State Mike Pompeo.This substantial contribution will play a critical role in the coalition’s efforts to revitalize communities such as Raqqa, that have been devastated byISIS terrorists.
The funds will focus on projects to restore livelihoods and essential services in the areas of health, agriculture, electricity, water, education, transportation (key roads and bridges), and rubble removal.In accordance with the Saudi Arabia’s contributions to date, this additional $100 million will help facilitate the return of displaced Syrians, and help ensure that ISIS does not reemerge to threaten Syria, its neighbors, or plan attacks against the international community.
This contribution is a continuum of the Kingdom’s efforts in the coalition, including, but not limited to, co-leading the Counter Finance Working Group and serving as a key member of the Communications and Stabilization Working Groups, as well as, flying the second highest number of missions in Syria after the United States.
The contribution represents the kingdom’s close partnership with the US and the Global Coalition to Defeat ISIS, which aims to promote a shared responsibility among all coalition partners to face regional threats together.
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