| WOTS Saturday 8/25/18 |
WOTS Saturday 8/25/18:
Forex Rates:
Closing rates Friday night.
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,186.0000 | 1,162.6000 | 1,172.0000 | | 16:10 |
| USD/VND | | | 23,267.5000 | 22,861.7000 | 23,027.9000 | | 16:12 |
| USD/CNY | | | 6.8897 | 6.7970 | 6.8767 | | 16:51 |
| USD/KWD | | | 0.3027 | 0.3020 | 0.3026 | | 14:40 |
| GBP/USD | | | 1.2879 | 1.2798 | 1.2810 | | 16:51 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,663.0000 | 14,569.0000 | 14,644.0000 | | 16:46 |
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DC NY Iraq Articles:dd
A global agency expects Iraq's debt to rise and warns it to reduce its credit rating
2018/08/25 13:44
Baghdad today - follow-up
The Standard & Poor's rating agency said on Saturday, August 25, 2018, that Iraq's indebtedness and worsening budget deficit, warning that any increase in debt may reduce the credit rating of the country.
"The government debt to Iraq will increase over the next four years," the rating agency said.
"The government budget deficit and the current account will also be aggravated," Reuters reported.
Standard & Poor's affirmed its credit rating for Iraq at ( B- / B ) with a stable outlook.
"The stable outlook reflects expectations that policy measures under the IMF program will contain risks to Iraq's fiscal performance," the agency warned, but the agency warned that it could "reduce its rating to Iraq if there is a sharp increase in net government debt or service expenses Debt".
The International Monetary Fund estimates that the volume of government debt in Iraq reached 123 billion dollars last year, or 63.8% of GDP.
In a report a year ago, the IMF expected Iraq's debt to rise to $ 132.4 billion this year, reaching a peak of $ 138 billion in 2020 before it starts to fall again.
The IMF estimates that foreign reserves have fallen sharply from $ 78 billion in 2013 to $ 45 billion three years later
Masoum and the Chinese president emphasize the continuation of economic cooperation and deepen strategic partnership
25/08/2018 Iraq News Now
Follow-up / tomorrow Press:
Iraqi President Fuad Masum and Chinese President Xi Jinping stressed the necessity of maintaining economic cooperation between the two countries and exchanged congratulatory cables on the occasion of the 60th anniversary of the diplomatic relations between Baghdad and Beijing.
The economic cooperation between the two countries shows remarkable progress in recent years," Masoum said in a telegram sent to his Chinese counterpart, according to media.
"Iraq is ready to expand bilateral relations comprehensively and help ensure security and peace and the development of both countries and the region," he said.
"I pay special attention to the development of Sino-Iraqi relations and I am ready to cooperate with you to develop mutually beneficial cooperation and deepen bilateral relations and strategic partnership for the benefit of both countries and peoples," the Chinese president said.
"The relations between the two countries are well developed, and cooperation in all fields shows stable development since the establishment of diplomatic relations between China and Iraq 60 years ago, thanks to the efforts of both parties," he said.
He stressed that the establishment of strategic partnership between China and Iraq in 2015 has become a new chapter in the history of Sino-Iraqi friendship.
Sistani warns of outbreaks of epidemics in Basra and accuses the government of default
Saturday, 25 August 2018
Baghdad denies the existence of a pandemic threat and sends urgent shipments of medicines
Iraqis gather to receive aid and meat in the old city of Mosul (Reuters)
An Iraqi woman cooks in the open next to a tent where she lives in the devastated Mosul,
The representative of the highest religious authority in Iraq, Abdul-Mahdi Karbalai, criticized his government for not addressing the problem of drinking water pollution, warning of a "humanitarian crisis" in Basra, although the government of Baghdad denied the spread of any epidemics or diseases in the city.
The Health Control Division of the Basrah Health Department revealed that the pollution rate of the sewage water in the governorate is very high. The chemical pollution in the water is 100% and the bacterial contamination is 50%.
Contaminated water, which suffers from the province of Basra, has poisoned and infected the diarrhea of hundreds of people who have been overcrowded in the hospitals of the province during the past days.
"The scarcity of water has caused the Basra province not to have access to potable water and even unfit for human use, as well as the spread of epidemics and skin diseases due to the scarcity of water that the province suffers," said Grand Ayatollah Ali al-Sistani in a Friday sermon from Najaf.
The representative of the religious authority, Abdulmahdi Karbalai said that «efforts to achieve a solution to this dilemma, albeit temporarily, is still below the minimum».
He added: «It is regrettable that this humanitarian crisis does not find appropriate attention to it by the competent government authorities», while carrying the competent authorities in the federal and local governments «responsibility for the failure in the file of services and water to the province of Basra».
He stressed Karbalai on the need to "move away from routine procedures in resolving the crisis of water scarcity in Basra, and save the people from pollution and diseases without conflict in the powers between the different departments."
The activists in Basra, who launched social networking sites Hashtag «Save» Basra, against the backdrop of the registration of injuries due to pollution, lack of medicines, and high salinity in the water.
"The complaints of citizens of the city of Basra continue, carrying severe suffering and acute shortage of drinking water and the lack of validity of water liquefaction, which resulted in injury to many of them poisoning and skin diseases."
"It is regrettable that this crisis does not find the appropriate attention by the Iraqi government, which only improves blame and responsibility, and that the humanitarian and legitimate duty requires everyone to cooperate to put an end to this suffering to the people of Basra and find a solution to their suffering, Sincere. "
For its part, denied the Iraqi government information cell yesterday the outbreak of epidemics in Basra as a result of contamination of drinking water, while at the same time to send additional shipments of medicines to the province in anticipation of any emergency.
The ministry said in a statement that the Ministry of Health sent a ministerial team of experts and specialists in epidemiological investigation and gastroenterology and laboratory examination to the city of Basra to follow up the cases recorded there.
She explained that the team confirmed the absence of evidence of a serious outbreak of epidemiology, cholera, and that all the cases registered recently in the province are cases of simple or moderate and it ended with simple treatments did not require a hospital stay.
She pointed out that the Ministry of Health has nevertheless sent additional shipments of medicines and medical supplies in anticipation of any emergencies.
Basra is the cradle of popular protests since July 9 in the central and southern provinces of the country, the deterioration of public services such as electricity and water as well as lack of employment opportunities.
Iraqi attempts to revive military industry
Saturday, August 25, 2018 10:30 AM admin
Baghdad/ Iraq TradeLink: Iraqi Industry Ministry is trying to revive its military industry during the
coming stage, with moves to form a new authority to achieve this goal.
Spokesman Abdul Wahid al-Shimmari disclosed that the ministry will stop its ammunition production, but will revive the whole lines of military industry.
Iraq had 14 military companies that were ransacked after the US invasion in 2003.
The future plan is to produce light and heavy arms, in addition to ammunition, mortar shells and medium-range missiles.
The Iraqi parliament approved a law to change these companies into a special authority.
It is expected that Iraq will have agreements with Arab and foreign companies to develop this industry to meet the military needs of its defence and interior ministries.
1375 ships anchored in Iraqi ports, Ministry
Saturday August 25, 20189 :30 AM admin
Baghdad/ Iraq TradeLink: Iraqi Transport Minister Kadhim al-Hamami disclosed anchoring 1375
ships in Iraqi southern ports during the first half of this year.
He pointed that the total loads in northern Um Qasr port reached to more than four million tons, while the southern part of the port unloaded 4.25 million tons.
In Khor al-Zubair terminal, the unloading reached to 4.65 million tons, while in Abu Flous terminal received more than 224.000 tons, the minister added.
Al-Shammari: The first session of parliament will be held on this date
25/08/2018
A member of the National Coalition Nayef al-Shammari, Friday, the first session of the new parliament on the first of next September, while pointed out that the higher interests require political forces to "make concessions" to speed up the formation of the government.
Al-Shammari said in an interview that "after the ratification of the Federal Court on the results of the elections and the arrival of dialogues and understandings between political forces to advanced stages, the convening of the first meeting of the House of Representatives next may be on the first of next September."
Al-Shammari said that "political conditions, demonstrations and popular demands require the political forces to make concessions and give priority to national interests on narrow interests in order to speed up the formation of the government and other sovereign positions," stressing that "the situation does not tolerate more convulsion or intransigence of positions so as not to repeat the previous scene Of political crises exploited by terrorist groups, which has a significant impact on the economic and security situation in the country. "
The political scene in Iraq is a wide movement among the winning forces in the elections that took place on 12 May 2018 to form the largest bloc in preparation for its mandate to form the next government.
The crowd attacks Abadi: Pay the salaries of the fighters instead of "me arms" to ensure the second mandate
25 August 2018
The time now is 02:50 PM
Baghdad / Al-Ghad Press:
The leader of the popular crowd on Thursday criticized Prime Minister Haider al-Abadi, saying he was using the "pressure and arms" policy to stay in power for a second term, demanding that he pay the fighters' salaries and pay attention to the martyrs and wounded instead of neglecting them.
The leadership said in a statement received by al-Ghad Press, addressing Abadi, "It was your first to give the fighters salaries and pay attention to the wounded and the martyrs instead of using the language of my arms to get a second term."
She criticized the "style of the prime minister towards the forces of the fatwa blessed," describing him as "the political part of the process of obtaining a second term."
"Abadi has used the policy of pressure and arms during the past years to compliment the Americans in order to obtain a second term."
The leadership said that "Abadi methods focused on not giving adequate financial allocations to grant salaries of members of the popular mobilization like the rest of the security forces, as well as neglect the file of martyrs and wounded under various pretexts."
Abadi accused him of "not only physical pressure, but attacked the popular crowd again and again in order to demilitarize it, sometimes accuses him of the existence of spacefighters and other times to prevent the crowd on armored vehicles and the likes of the Iraqi army, which led the fighters to repel the attacks because of lack of equipment."
Abadi said, "The other charges of the fighters who saved his chair from the fall, however, such as the accusation of the crowd accused of killing Finance Minister Qassim Da'eef and the exploitation of the subject in his election propaganda."
"Abadi is now trying to use the paper to pluck the popular crowd in favor of foreign wishes to try to undermine the country's sovereignty in order to secure a second term. It is unreasonable for the Americans to publish pictures of their fighters who have returned to Iraq and boast of their presence in Mosul, Iraq the son of the crowd expelled from these cities by order of the Prime Minister. "
The leadership of the mobilization of slaves, "the recommendations of the reference authority in Najaf, the Supreme Religious Reference, Mr. Ali al-Sistani repeatedly and not to attack the symbols of the crowd and attention to the martyrs and the wounded, which has not received permission so far."
Basra water kills its people ... Sistani warns
Abadi canceled the decision to lead the "crowd" by withdrawing from the cities
Saturday, 25 August 2018 Issue No. [14515]
Demonstration against poor services in Basra
Baghdad: Hamza Mustafa
The representative of the supreme Shiite authority in Iraq, Ali al-Sistani, warned of the seriousness of the crisis of drinking water in Basra, which is now killing the people of the province of the intensity of pollution, while criticized the governor of Basra, Prime Minister Haider Abadi, because of not address the problems of the province.
Sheikh Abdul Mahdi Al-Karbalai said during the Friday sermon that "the complaints of citizens in Basra, the suffering of acute shortage of drinking water and the non-validity of lice for human use, continue to continue, resulting in injury to citizens by poisoning and skin diseases."
He added that "despite the appeals by the reference, the efforts to solve this dilemma is still below the minimum."
The governor of Basra, As'ad al-Aidani, harsh criticism of the government of Abadi, accusing it of not responding to the demands of the people of Basra. He said: "Despite our words and our addresses to Prime Minister Haider Abadi, the Ministerial Committee and the Undersecretary of the Minister of Finance, unfortunately, so far we have not got anything." He said that "the matter in the province has become very dangerous to the lives of our people and the people of our city."
On the other hand, Abadi, as commander-in-chief of the armed forces, canceled a decision taken by the "popular mobilization" leadership to withdraw its forces from the Sunni cities in the western provinces. The Office of the Commander-in-Chief, in a book to the Popular Lobby, stressed the need to abide by the law and instructions, not to politicize the popular assembly, and not to cancel or create formations until after obtaining the approval of the commander-in-chief of the armed forces. Approval of the commander-in-chief of the armed forces ».
Kauaihn Iraq Articles:dd
A leader of the Talabani party reveals the fact that an agreement was reached with Fatah to remove the crowd from the disputed areas
2018/08/25 14:00
Baghdad today - Kurdistan
A spokesman for the Patriotic Union of Kurdistan (PUK), Giyath al-Surji, denied on Saturday that there was any agreement between Hadi al-Ameri's "Fatah" coalition and the Kurdish parties to withdraw the crowd from disputed areas and deploy Peshmerga forces.
"The Peshmerga, according to the constitution, must support the Iraqi security forces in the disputed areas and areas covered by Article 140 in Nineveh, Kirkuk, Diyala and some areas of Salah al-Din," al-Surji said in an interview with Baghdad today.
He added that "talk about the existence of an agreement between the Kurdish parties and the Fatah coalition is far from healthy and should not precede events," continuing that "currently can not be an agreement with the Iraqi government to restore the Peshmerga, because the current government.
He noted that he was "optimistic that after the formation of the government will return Peshmerga to the disputed areas to manage those areas in conjunction with the Iraqi forces, as was before the control of this and based on the data on the scene."
The former member of the House of Representatives for the Alliance of Forces, Salah al-Jubouri, considered Saturday (August 25, 2018), the decision to withdraw troops in the popular crowd, from within the cities, a first step of the requests of the Kurds, which negotiated Baghdad on the basis to form the largest bloc.
"The decision to withdraw at this time is political, and it seems that it is a Kurdish request rather than a Sunni request," al-Jubouri said in a press statement. "We in the western provinces have demanded from the start that the crowd or any military formation in the cities should not remain; Because we are against its military. "
Jubouri added that "the decision is the first step of the demands of the Kurds, in the context of the negotiations they are conducting now, namely, withdrawal from the Sunni cities, and then withdraw from Kirkuk and the disputed areas, and therefore clearly a political withdrawal at this stage."
The Prime Minister Haider Abadi, as commander-in-chief of the armed forces, on Tuesday, 21 August 2018, a decision taken by the leadership of the popular crowd to withdraw troops from Sunni cities in the western provinces, calling at the same time not to politicize the crowd, in reference to the ongoing negotiations between The bloc (the conquest) led by Hadi al-Ameri, which includes most of the factions of the crowd, and some Sunni and Kurdish leaders in order to form the largest bloc.
The Office of the Commander-in-Chief issued a letter addressed to the Popular Propaganda Authority: "The contents of my book were canceled.
The text of the book states that "the law and instructions must be obeyed, the politicization of the popular assembly should not be abolished, and the formation of formations should be canceled only after obtaining the approval of the commander-in-chief of the armed forces.
Abadi's response comes in response to a decision taken by the Popular Popular Command leader Abu Mahdi al-Muhandis, who drew pieces of the crowd in Sunni areas occupied after the completion of fierce battles.
Former deputy: the withdrawal of the crowd of cities by Kurdish request
25 August 2018 - 1:40 PM
BAGHDAD / A member of the former House of Representatives on the coalition of forces, Salah al-Jubouri, Saturday (August 25, 2018), the decision to withdraw troops in the popular crowd, from within the cities, a first step of the requests of the Kurds, which negotiated Baghdad on the basis to form the largest bloc. Jubouri said in a press statement today, "The decision to withdraw at this time a political, and it seems that the Kurdish request more than it is a Sunni request, although we in the western provinces we had demanded from the outset not to stay the crowd or any military formation within cities; "Jubouri said," The decision is a first step of the requests of the Kurds, in the framework of negotiations conducted by the The withdrawal from the Sunni cities, and then the withdrawal from Kirkuk and the disputed areas, and therefore clearly a political withdrawal at this stage. "The Prime Minister Haider Abadi, as commander-in-chief of the armed forces, canceled on Tuesday, August 21, 2018, The leadership of the popular crowd to withdraw its troops from the Sunni cities in the western provinces, calling at the same time not to politicize the crowd, in reference to the ongoing negotiations between the bloc (Fath) led by Hadi al-Ameri, which includes most of the factions of the crowd, and some Sunni and Kurdish leaders to form And the Office of the Commander-in-Chief Kata A body is directed to the popular crowd, said: "The cancellation of the content of a written form the popular crowd: the first relates to the abolition of the west axes of Nineveh and east of Nineveh and Baiji operations, and the transfer of the existing brigade in Sinjar, and the other includes the output of the headquarters of the brigades of the cities." The text of the book states that "the law and instructions must be obeyed, the politicization of the popular assembly should not be abolished, and the formation of formations should be canceled only after obtaining the approval of the commander-in-chief of the armed forces. Al-Abadi's response comes in response to a decision taken by the leader of the popular crowd, Abu Mahdi al-Muhandis, who proceeded to move pieces of the crowd without the knowledge of Abbadi in Sunni areas occupied after the completion of fierce battles.
Sunnis celebrate the victory of Sadr and support Maliki and al - Amiri!
Aug 25, 2018
The rapprochement between Sunni politicians and the Maliki and al-Amiri parties appears to be a recognition of the overwhelming hegemony of conservative Shiite forces linked to Iran's power in Iraq.
Over the past years Sunni politicians have taken the Tehran-Baghdad road leading to the Green Zone, while the US ambassador in Baghdad has no effect on Iran's influence in the country. Sunni politicians are well aware of the fate of their most senior leader, Tariq al-Hashemi, That the Americans are able to protect him from the power of Maliki, to lead the Vice President of the Republic fleeing from his republic, just one day after the withdrawal of US troops from Iraq at the end of November 2011.
This was the fate of Rafie al-Issawi, the former deputy prime minister and other dozens of deputies and Sunni political figures who tried to challenge the hegemony of the Shiite parties in Baghdad, either with the Americans or with the support of those who thought they might be protected from neighboring Arab countries. He is taking his parliamentary position from being arrested from the center of his house, killing his brother and becoming a prisoner of al-Maliki's prisons, because he is attacking Iran in the demonstrations of the Sunni movement in Baghdad in 2013 to reach the conclusion that the keys to power in Baghdad are in the hands of Tehran's allies, Then marginalize the influence of capitals Close to Washington in exchange for Tehran and Damascus, and even the southern suburb, which turned to the kiss of most of the Sunni politicians in Iraq, protesting to the two who bring them to Tehran Zulfi!
For most Sunni political forces in Iraq, the main compass that drives their political movements is their personal and party rivalry and the financial gains from harvesting heavy ministries of construction contracts. The political milestones and fate of their devastated provinces and displaced populations are at the top of their priorities, Only if they become a profitable investment project, as relief committees for the displaced.
In the last meeting held at the Hotel Babylon, leader Saleh al-Mutlaq, in the meeting held by the Shiite forces opposed to Maliki, Mutlaq, for example, did not go to sit with the chest love only, but the loyalty of opponents of Sunni politicians, like Nujaifi and mass, fueled by regional rivalry and rivalry To win the marginal sites of sites, which did not give the representatives of the Sunni any powers of mention, which was acknowledged by Mutlaq himself dozens of times, in public and private statements, as he once said that Maliki removed all powers, after promising to increase it, Deputy Prime Minister. Perhaps the greatest irony that has occurred in the recent Iraqi elections is that these Sunni politicians and their supporters from the Arab countries, who are now converging with those they describe as criminals, bloody dictators and the destroyers of their cities, such as al-Maliki and al-Amiri, A national victory, they believe, in the face of the most radical Shiite parties and linked to Iran, and rumors reached the amount that messages Wats Ab »and social networking pages, the majority of the Sunni provinces began talking about the Hrtqat funny, the Americans nickname coup coup The surrender of their allies instead of the Shiite parties, the submission of orders by Mohammed bin Salman and the Americans to the reconstruction of Sunni cities, the release of the former regime leaders, and other news that prevailed as soon as Sadr's list, which is in fact, and despite its internal hostility with other Shiite forces, It has produced the most radical Shiite militia and loyalty to Iran, some of whom are now deployed from Damascus to Deir al-Zour.
No matter what the illusion is, the Sunni politicians and their supporters who promoted the near-breakthrough and the arrival of "moderate" Shi'ite or close-knit forces of the Americans, as they believe, have themselves gone to the rapprochement with the more fundamentalist Shiite bloc and their hostility to Iran. It is clear that they realized again that they are often the ones who will form the Iraqi government, and that they are the ones who have the right to distribute the remains of government coffees. The prime minister's position will not come out of the two most pro-Iranian names in Iraq, Maliki and al-Amiri. Revolutionary Iranian and former leader of Badr sectarian militias, as head of the government of Iraq, and with the support of Sunni politicians.
Over the past years Sunni politicians have taken the Tehran-Baghdad road leading to the Green Zone, while the US ambassador in Baghdad has no effect on Iran's influence in the country. Sunni politicians are well aware of the fate of their most senior leader, Tariq al-Hashemi, That the Americans are able to protect him from the power of Maliki, to lead the Vice President of the Republic fleeing from his republic, just one day after the withdrawal of US troops from Iraq at the end of November 2011.
This was the fate of Rafie al-Issawi, the former deputy prime minister and other dozens of deputies and Sunni political figures who tried to challenge the hegemony of the Shiite parties in Baghdad, either with the Americans or with the support of those who thought they might be protected from neighboring Arab countries. He is taking his parliamentary position from being arrested from the center of his house, killing his brother and becoming a prisoner of al-Maliki's prisons, because he is attacking Iran in the demonstrations of the Sunni movement in Baghdad in 2013 to reach the conclusion that the keys to power in Baghdad are in the hands of Tehran's allies, Then marginalize the influence of capitals Close to Washington in exchange for Tehran and Damascus, and even the southern suburb, which turned to the kiss of most of the Sunni politicians in Iraq, protesting to the two who bring them to Tehran Zulfi!
For most Sunni political forces in Iraq, the main compass that drives their political movements is their personal and party rivalry and the financial gains from harvesting heavy ministries of construction contracts. The political milestones and fate of their devastated provinces and displaced populations are at the top of their priorities, Only if they become a profitable investment project, as relief committees for the displaced.
In the last meeting held at the Hotel Babylon, leader Saleh al-Mutlaq, in the meeting held by the Shiite forces opposed to Maliki, Mutlaq, for example, did not go to sit with the chest love only, but the loyalty of opponents of Sunni politicians, like Nujaifi and mass, fueled by regional rivalry and rivalry To win the marginal sites of sites, which did not give the representatives of the Sunni any powers of mention, which was acknowledged by Mutlaq himself dozens of times, in public and private statements, as he once said that Maliki removed all powers, after promising to increase it, Deputy Prime Minister. Perhaps the greatest irony that has occurred in the recent Iraqi elections is that these Sunni politicians and their supporters from the Arab countries, who are now converging with those they describe as criminals, bloody dictators and the destroyers of their cities, such as al-Maliki and al-Amiri, A national victory, they believe, in the face of the most radical Shiite parties and linked to Iran, and rumors reached the amount that messages Wats Ab »and social networking pages, the majority of the Sunni provinces began talking about the Hrtqat funny, the Americans nickname coup coup The surrender of their allies instead of the Shiite parties, the submission of orders by Mohammed bin Salman and the Americans to the reconstruction of Sunni cities, the release of the former regime leaders, and other news that prevailed as soon as Sadr's list, which is in fact, and despite its internal hostility with other Shiite forces, It has produced the most radical Shiite militia and loyalty to Iran, some of whom are now deployed from Damascus to Deir al-Zour.
No matter what the illusion is, the Sunni politicians and their supporters who promoted the near-breakthrough and the arrival of "moderate" Shi'ite or close-knit forces of the Americans, as they believe, have themselves gone to the rapprochement with the more fundamentalist Shiite bloc and their hostility to Iran. It is clear that they realized again that they are often the ones who will form the Iraqi government, and that they are the ones who have the right to distribute the remains of government coffees. The prime minister's position will not come out of the two most pro-Iranian names in Iraq, Maliki and al-Amiri. Revolutionary Iranian and former leader of Badr sectarian militias, as head of the government of Iraq, and with the support of Sunni politicians.
Ericsson wins New Contract with Zain Iraq
Iraq, August 25, 2018
Zain Iraq has selected Ericsson (NASDAQ: ERIC) to modernize a number of its legacy sites with Ericsson Radio System in a contract signed recently that serves to strengthen the partnership of the two companies.
Under the terms of the deal, Ericsson will reinforce its role as a trusted business partner by providing higher capacity and improving network performance.
In an effort to accelerate digitalization in the region, Zain Iraq and Ericsson are enabling rapid deployment of innovative services in the Internet of Things (IoT) in the coming years. The partnership will also ensure seamless 4G and 5G evolution across Zain’s networks
Ali Al Zahid, Zain Iraq Chief Executive Officer, says:
“Zain is committed to bringing the latest technology and cutting-edge services to its customers. Upgrading current networks with the latest technology to cater for increasing traffic volumes and enhanced customer experience is a key priority. It also reflects our commitment to providing the mobile community in Iraq with the highest quality of service available.”
In addition to consumer services, security and energy companies are some of several industries starting their own digital transformations. Ericsson Radio System offers far more than the benefit of capacity building and performance, it also provides high bandwidth for content-rich applications.
Rafiah Ibrahim, Head of Ericsson Market Area Middle East and Africa, says:
“I am glad that we continue a good cooperation with our long-term partner Zain. This new contract will accelerate Zain’s digital journey and build its digital infrastructure with the introduction of new services and virtual functions. This will enable Zain to deliver the best possible user experience in two major cities in Iraq and meet the data demands of tomorrow in a timely manner.”
Zain Iraq and Ericsson are pioneering the use of next-generation networks with the anticipated increase in data traffic as IoT promises new capabilities and use cases.
Network modernization and adoption of new technologies are essential to meeting users’ demand for capacity and coverage. Modernizing the network infrastructure of Zain Iraq’s network services will not only improve end-user experience through increased capacity, but also accommodate future needs.
Talks continuing on Iraq-Kuwait Electricity Link
25th August 2018 in Iraq Oil & Gas News, Politics
By John Lee.
Talks are reportedly continuing to complete the electricity linkage between Iraq and Kuwait.
KUNA quotes Kuwait’s Oil Minister and Minister of Electricity and Water Engineer, Bakheet Al-Rashidi (pictured), as saying:
“We expect that these negotiations will ultimately lead to linking Iraq’s electricity grid with the Gulf network and then link with Turkey and Europe on the long-term.
“We are always ready to help our brothers in Iraq, according to the instructions of the political leadership.”
(Source: KUNA)
Abadi and Masoum discuss developments in the formation of the largest bloc in preparation for the call of parliament to convene
2018/08/24 20:47
Baghdad today - Baghdad
President Fuad Masum and the Cabinet of Ministers Haider al-Abadi discussed on Friday the developments of the formation of the largest bloc in preparation for the call of the House of Representatives to convene.
The Iraqi News Agency that "President Fuad Masum, received at his office this evening, the Prime Minister, Haider Abadi, and discussed the developments of the formation of the largest bloc, in preparation for the call of the House of Representatives, to convene.
"Masood and Abadi stressed the importance of adhering to the constitution, respecting the will of voters and working hard and fast to respond to the national will to make radical reforms," the agency said.
She added that "Masoum and Abadi stressed the need to strengthen efforts to protect the democratic process."
The meeting, held on Sunday (August 19, 2018), at the Hotel Babylon, in the center of the capital Baghdad, included the leaders of others and victory, wisdom and patriotism, to discuss the formation of the largest bloc, where the combined forces issued a statement at the end of the meeting, announced the formation of "nucleus" And agreeing to open up to the rest of the partners.
The lists that led the legislative elections seek to attract the rest of the parties in an effort to form the largest bloc in preparation for nominating a candidate for the presidency of the next government, especially after the announcement of the Federal Supreme Court, ratification of the final results of the elections of the House of Representatives, after checking all the names received from the Electoral Commission for elections.
Abadi abolishes the decisions of the militia of the crowd
Saturday 25 August 2018
A document issued by the Office of the Commander-in-Chief of the Armed Forces Haider al-Abadi, circulated by local media, directed the latter to cancel the content of the books issued by the popular militia militias, and not to politicize it.
According to the document, Abadi decided to cancel the content of the books issued by the militia groups to move their units, and the need to abide by the law and instructions not to politicize the body of the crowd.
The document also stressed the non-abolition or creation of formations only after obtaining the approval of the Commander-in-Chief of the Armed Forces, noting that otherwise the relevant parties bear legal responsibility.
In addition, the movement of any armed formation was prevented only after full coordination with the Joint Operations Command and the approval of the Commander-in-Chief of the Armed Forces, in accordance with the established procedures.
The deputy head of the militia, Abohedi Engineer, issued a book earlier, to cancel the axis of operations in the west and east of Nineveh, and the operations of Baiji, and the transfer of the brigade located in Sinjar outside the city, in addition to the removal of the headquarters of brigades of cities.
This procedure coincides with the ongoing discussions between the political blocs on the formation of the largest bloc to choose the next cabinet.
It is noteworthy that the formation of the largest bloc, according to observers, depends on the accession of «Kurdistan Alliance» and «national axis» to one of the two political fronts led by one of the leader of the Sadrist movement Muqtada al-Sadr, with the participation of lists of Prime Minister Haider Abadi, Ammar al-Hakim, Iyad Allawi and Saleh al-Mutlaq, The other former Prime Minister Nouri al-Maliki, with the participation of the Fath Alliance led by the leader of the Badr militia Hadi al-Amiri.
The head of Al-Hal and one of the leaders of the national axis, Jamal Karbouli, revealed in a tweet on Twitter, the most prominent conditions of his alliance, which is to remove the militias of the crowd of liberated cities.
For its part, announced the security committee in the provincial council of Kirkuk, on Friday, its refusal to bargain on the law enforcement plan in the province.
"We (as representatives of the Arabs of Kirkuk) refuse to compromise, renounce and conspire to impose the law for the return of the Peshmerga to the province and gain political gains," said Borhan Mezher al-Asi, vice-chairman of the committee.
Al-Assi threatened to expose any political party or people working on the establishment of suspicious agreements with the Kurdish parties at the expense of the success of the plan to impose the law and weaken the security establishment, as he put it.
He also refused to subject Kirkuk to negotiations and bargains to obtain political and material gains the price of the unity of Iraq and the security and stability of the province, he said.
It is noteworthy that one of the conditions of the Kurdish parties to join the rest of the blocks to form the largest bloc in parliament is the return of the Peshmerga forces to Kirkuk, and the departure of militias from the crowd.
The Peshmerga withdrew from Kirkuk after the entry of the federal forces and the militias of the crowd, against the background of the Kurdistan region to hold a referendum on independence from Iraq.
Kauaihn Economic Times:
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Today in History
Middle-class families are earning less in almost every state—here are the few exceptions
"Although the middle class is shrinking, there are a handful of states where middle-income families continue to thrive," reports GOBankingRates.
Read more: https://www.cnbc.com/2018/08/
20 cities where students may actually be able to work their way through college
Working your way through college is nearly impossible now, but higher minimum wages and lower school costs make these cities ideal for working students.
Read more: https://www.cnbc.com/2018/08/
Record low numbers of millennials think buying a home is a good investment—here's why
Less than half of millennials believe buying a home is a smart financial move, down from 77 percent not long ago, according to a new survey.
Why the 4-day workweek might be closer than you think — and the 10 careers best suited to it
Experts say there could be benefits for both employee and employer.
How the viral #TipTheBill challenge is helping servers make ends meet
ABC News
The challenge shows generosity can be contagious, especially on social media. Read the full story
OIL/COMMODITIES/ENERGY
Strong Dollar, Trade Troubles Hit Metals as Copper Swings to Bear Market
Investing.com
Investing.com
Copper fell about 1% on Thursday Read the full story
Gold up as dollar slips ahead of Fed chairman's speech
Gold has lost its appeal as a safe-haven asset amid international trade disputes.
Gold falls as trade tariffs, rate hike views buoy dollar
Gold prices faltered on Thursday, under pressure from a stronger dollar as the U.S. Federal Reserve reaffirmed intentions to raise interest rates and trade tariffs between the United States and China kicked in.
Gold Prices Fall Back Below $1,200 Level as Dollar Bounces
Investing.com
© Reuters. Gold retreats below $1,200 level as dollar bounces Read the full story
Oil prices steady as trade dispute offsets US stockpile decline
Oil prices steadied on Thursday as an escalating trade dispute between the United States and China offset news of a decline in U.S. commercial crude inventories.
Read more: https://www.cnbc.com/2018/08/
Oil Rises as U.S.-China Trade Talks Go Nowhere
Investing.com
© Reuters. Oil was higher on Friday. Read the full story
Oil stages sharp bounce, a day after snapping win streak
MarketWatch
Crude-oil futures on Friday pop higher, putting the commodity on pace to book weekly gains, as investors focus on supply tightening inventories, including signs of shrinking output from Iran, according to market participants. Read the full story
BANKS/BANKING/CREDIT
JP Morgan's Sapphire credit card was so successful, it's rebranding checking accounts with name
CNBC
CNBC
On Monday, the bank will convert Premier Platinum accounts into Sapphire Banking accounts, according to a document viewed by CNBC. Read the full story
GOP lawmakers urge Iran's expulsion from SWIFT banking network
The Hill
Republican lawmakers are urging Treasury Secretary Stephen Mnuchin to work to expel Iran from the primary financial system that oversees international bank transfers after the European Unio Read the full story
Chart of the Day: It's a Good Time to Be a Bank
Mother Jones
The latest FDIC report is out, and I know you've been waiting for it. Check out how our banks are doing! Isn't that great? And don't be bitter just because you and I are more likely to be getting 2 percent raises this year. America's banks made their money the old fashioned way: they lobbied... Read the full story
Don’t Worry, Banks Are Paying a Lot Less in Taxes
Slate
The Republican cut in the corporate rate helped banks make $6 billion more in profit in Q2. Read the full story
Here are the 10 disruptive innovations Citi says to put money behind
CNBC
Citi's global research team sent a report titled "Disruptive Innovations VI" on Tuesday. They presented 10 innovations that, while familiar to many, have undergone some fundamental change in recent years such that "we're now at a tipping point of accelerated adoption." Read the full story
3 of the world's most important central bankers are skipping this year's 'summer camp for economists' in Jackson Hole
Business Insider
President Donald Trump and Federal Reserve Chair Jerome Powell Drew Angerer/Getty Images Mark Carney, Mario Draghi and Haruhiko Kuroda are all missing from the list of attendees at this years central banker meeting at the remote mountain resort of Jackson Hole. The news comes alongside confirmation that none of the ECB's executive board members will make the trip to the annual central bankers meeting headed by the US Federal Reserve Chairman Jerome Powell. ECB president Mario Draghi, Bank of Read the full story
TREASURIES/BONDS/STOCKS
Junk Bonds Will Power Cetera Acquisition
Barron's
Barron's
Genstar Capital, the private equity firm that’s buying Cetera Financial Group, will sell $1 billion in junk bonds to help finance the deal. Read the full story
Timing the stock market is tough, but it sure doesn’t look like it in this chart
MarketWatch
“Buy here… sell here… it’s that simple.” Those aren’t just famous last words, they are also what the Daily Reckoning blog’s Jody Chutley used to describe what’s happening in the S&P/GSCI ratio right now. Read the full story
Ride out the bull market until these three major recession indicators come into play
After stocks post their longest bull run in history, one market watcher warns about the three biggest risks to the rally.
US Treasury yields seen higher ahead of economic data, Powell speech
Traders will be monitoring a speech by Federal Reserve Chair Jerome Powell on Friday.
Top 5 Things to Know in the Market on Friday
Investing.com
© Reuters. 5 key factors for the markets on Friday Read the full story
Day Ahead: Top 3 Things to Watch
Investing.com
© Reuters. Fed chief Jerome Powell speaks at Jackson Hole Friday. Read the full story
The US stock market will be the next to ‘give in,’ strategist warns
CNBC
Despite U.S. equities outperforming the rest of the world, some strategists warn that they will be next. Read the full story
CRYPTO'S / DIGITAL CURRENCY
A Wildly Popular Ethereum Gambling Game Just Paid Out 3 Million Dollars
VICE
VICE
'Fomo3D' is a controversial and popular Ethereum application, and the lottery's winner may have clogged the blockchain itself to win. Read the full story
Time For a Clean Up? Market Manipulation Concerns Loom Large Over Bitcoin ETF Rejections
Forbes Magazine
Another day, another bitcoin ETF proposal rejected by the SEC. What needs to happen for the agency to finally give the green light? Read the full story
SEC's Rejection Suggests Bitcoin ETF Not Coming To Market Soon
Investor's Business Daily
Don't hold your breath for a U.S. ETF that invests in Bitcoin. The SEC on Wednesday rejected requests to list nine Bitcoin ETFs. Read the full story
Bitcoin's Price Builds Bottom As Upward Pressure Grows
CoinDesk
Bitcoin charts continue to call a bullish move at a time when the short positions are near record highs. Read the full story
A Phone Call Could Change Ethereum's Future – And It's Happening Today
CoinDesk
Tension is building ahead of an ethereum developer meeting, where a diverse set of stakeholders will be weighing in on contentious changes. Read the full story
CURRENCIES
There’s a very high probability we’re in the end game for dollar strength, strategist says
While a strong dollar has been a reason to be cautious for many asset classes, its strength maybe coming to an end, according to a strategist.
Forex - Dollar Higher amid Trump Legal Woes, Trade Concerns
Investing.com
© Reuters. Dollar higher amid Trump legal woes, trade concerns Read the full story
Dollar falls as investors await Powell speech
The dollar fell on Friday ahead of a speech by the Federal Reserve's chairman.
Read more: https://www.cnbc.com/2018/08/
Forex - Dollar Slips as U.S. Concludes Trade Talks with China
Investing.com
© Reuters. The dollar slipped on Friday after rising briefly Read the full story
Time has come for Russia to finally ditch US dollar – Foreign Ministry
RT
Russia will definitely respond to Washington’s latest sanctions and, in particular, it is accelerating efforts to abandon the American currency in trade transactions, said Deputy Foreign Minister Sergei Ryabkov. Read Full Article at RT.com Read the full story
More room for Brazil’s real to fall after hitting 31-month low, analysts say
MarketWatch
The Brazilian real fell to a 31-month low versus the U.S. dollar on Thursday after having trading down all week as political risk in the South American nation rose. But there could me much more pain in store for the real, as it hovers dangerously close to an all-time historical low against the buck. Read the full story
Australian Dollar May Be En Route to 70 Cents
Bloomberg
Stephen Miller of Grant Samuel Funds Management talks Australia’s leadership change and the market implications. Australia’s dollar is seen dropping to a more than two-year low of 70 U.S. cents as infighting in the ruling party threatens to create policy paralysis. The Aussie tumbled as much as 1.5 percent Thursday as Prime Minister Malcolm Turnbull fought to stave off a challenge from the conservative wing of his own party. The fate of Turnbull, already the nation’s sixth leader since 2007, Read the full story
INSURANCE / HEALTH / SCIENCE
Drinking Alcohol Can Lead To Aggressive Prostate Cancer, Study Says
Newsweek
Newsweek
Seven or more alcoholic beverages per week can increase a man's risk of having a high-grade tumor. Read the full story
This Fat-Loss Coach Reveals the Best Easy Groceries For Weight Loss
POPSUGAR
A post shared by Carter Good • Fat loss Coach (@cartergood) on Aug 23, 2018 at 5:56am PDT Even if you know you need to eat healthier to lose weight, especially if you're trying to lose fat, it can seem overwhelming to navigate the grocery store. All the healthiest food seems to take hours and ho ... Read the full story
Is August Too Early to Get a Flu Shot?
Health.com
Pharmacies are already starting to promote flu shots, but there **is** an ideal time to get vaccinated. Read the full story
This Popular Diet and This Type of Yoga Helped Meagan Lose 65 Pounds in Just 7 Months
POPSUGAR
A major back injury followed by surgery caused Meagan to gain over 60 pounds of weight. After trying numerous diets and weight-loss gimmicks, Meagan was introduced to the ketogenic diet. Meagan has lost 65 pounds to date, and most importantly, she's learned to love herself and her body. Continue rea ... Read the full story
Heart-healthy diet is key to reducing belly fat, scientist claims
The Independent
Diets such as these typically consist of plenty of whole grains, lean meats, fish, fruits and vegetables and low levels of dairy. Read the full story
USA/CANADA
Trump sought advice weeks ago on possibility of pardoning Manafort, Giuliani says
The Washington Post
The Washington Post
President Trump sought his lawyers’ advice several weeks ago on the possibility of pardoning Manafort, Trump attorney Rudolph W. Giuliani said Thursday. The subject of the pardon came up while Manafort was on trial on multiple charges of bank fraud and tax evasion, and the president was expressing his anger at how federal prosecutors had […] Read the full story
Secretary of State Mike Pompeo to travel to North Korea next week
Pompeo said he would travel to the reclusive nation with Stephen Biegun, a former George W. Bush administration official and Ford Motor Company executive who was named as the U.S. State Department's special representative for North Korea.
No, this isn't Watergate, at least from the market's perspective
Talk about presidential impeachment invariably leads to comparisons to the Watergate scandal, but in the most recent case there's not much similarity at least from Wall Street's point of view.
Read more: https://www.cnbc.com/2018/08/
U.S. Jobless Claims Fall More Than Expected Last Week
Investing.com
© Reuters. U.S. jobless claims fall more than expected last week Read the full story
New facial recognition tech catches first impostor at D.C. airport
NBC News
An identification card from the Republic of Congo was found hidden at the bottom of the man's shoe, officials said. Read the full story
IRS Will Issue Guidance On Tax-Reform-Inspired SALT Transactions
Forbes Magazine
The Internal Revenue Service (IRS) has advised that it intends to propose regulations which will address attempts to re-characterize state and local tax payments following tax reform. Read the full story
EMERGING MARKETS
Coffee farmers in Colombia are experimenting with new farming techniques to adapt to a changing climate
Coffee farmers are planting shade trees, building water tanks and even diversifying their crops as they struggle to adapt to Colombia’s changing climate, these professors explain in the Conversation.
Read more: https://www.cnbc.com/2018/08/
Mexico says pushing for NAFTA deal as soon as possible
Reuters
Mexico's economy minister said on Thursday he was pushing for a quick deal with U.S. officials in the renegotiation of the North American Free Trade Agreement (NAFTA), with a breakthrough on new rules for the auto industry still elusive. Read the full story
Strained US-Mexico relations are about to get even worse — and it could destroy NAFTA for good
Business Insider
Presidential candidate Andres Manuel Lopez Obrador gestures after casting his ballot at a polling station during the presidential election in Mexico City, Mexico. US-Mexico relations are at their most strained in recent memory - and Mexico's newly elected president could ratchet up the acrimony. Talks to renegotiate NAFTA are running into a wall as the US seeks to negotiate separately with both Mexico and Canada. "The strategy looks very fragile to me, and doomed to fail," says Monica de Bolle Read the full story
As electricity fails, desperate Venezuelans buy spoiled meat
Some Venezuelans fall ill eating the rotten beef, but at bargain prices, it's the only way they can afford protein as the country's crisis hits bottom.
Read more: https://www.cnbc.com/2018/08/
Will Venezuela Be Able to Curb Its Hyperinflation?
Pacific Standard
Nicolás Maduro's government is taking desperate steps to stop the bleeding in the country's economy. Venezuelan President Nicolás Maduro speaks before the United Nations General Assembly on September 24th, 2014. Venezuela recently announced one of the most dramatic currency reforms in history in a move that essentially devalues the bolivar by about 95 percent. Its ironically named bolivar fuerte, meaning "strong," first introduced 10 years ago, will be replaced by a new "sovereign" version at a Read the full story
Venezuela's crisis roiling South America, drawing international aid
Axios
Venezuela's regime-driven economic collapse has hollowed out public services and accelerated hyperinflation, worsening its humanitarian crisis and fueling one of the largest mass migrations in South American history. An estimated 2.3 million Venezuelans — 7% of the population, many suffering illness and malnutrition — have fled since 2014, but the patience and resources of regional host countries may soon wear thin. Read the full story
Brazil continues to fly under the radar among troubled economies
The Hill
There are three reasons to believe that Brazil could very well be on the road to a full-blown exchange rate crisis. Read the full story
Brazil continues to fly under the radar among troubled economies
The Hill
There are three reasons to believe that Brazil could very well be on the road to a full-blown exchange rate crisis. Read the full story
MIDDLE EAST
Israel says Gaza gunman was Doctors Without Borders nurse
Reuters
Reuters
Israel said on Thursday that a Palestinian gunman killed by its forces on the Gaza Strip border this week was a nurse working for Medecins Sans Frontieres (Doctors Without Borders) and that it was seeking an explanation from the international aid group. Read the full story
Blue-Eyed Immigrants Transformed Ancient Israel 6,500 Years Ago
Live Science
DNA evidence from an ancient site in northern Israel revealed waves of immigration from what is now Turkey and Iran, dating to about 6,500 years ago. Read the full story
Israeli PM wants Baltics to help change view of Israel
ABC News
Israeli Prime Minister Benjamin Netanyahu lashed out Friday at the European Union for its first financial support package to help bolster Iran's flagging economy, calling it "a big mistake" and "like a poison pill to the Iranian people." Read the full story
AFRICA
How Trump's South Africa Tweet Could Affect Melania's First Big Solo Trip
Bustle
Bustle
On Monday, Aug. 20, news broke that Melania Trump would be taking her first big solo trip as first lady to Africa. But controversial comments about South Africa from her husband on Twitter Wednesday night could affect Melania Trump’s visit to… Read the full story
Trump Is a 'Modern Leader' of the KKK and Part of A 'Right-Wing Lynch Mob,' South African Politician Says
Newsweek
"I don't think he [Trump] knows a country called South Africa. He thinks SA is a continent ... he wants to polarize SA and reverse the gains we have made to build racial harmony, because all what he does is use fear factor," Zizi Kodwa said. Read the full story
South Africa: 'You Look in Your Child's Bed and You Find Empty Bullets' - Cape Town Residents Block Road in Anti-Gang Protest
AllAfrica
Residents of the Cape Town suburbs of Kensington and Facreton blocked a major arterial route during rush hour on Friday in a desperate attempt to get national government to pay attention to gang violence in the area. "You look in your child's bed and you find empty bullets lying on the bed," said one woman, speaking on condition of anonymity during the protest about 10km east of the city's CBD. She said this happened after gangsters opened fire on houses during what appears to be a heated Read the full story
Kenya to Sign $3.8b SGR Deal Next Month
AllAfrica
Kenya is expected to sign a Ksh380 billion ($3.8 billion) contract for the second phase of the Standard Gauge Railway (SGR) in September. Transport and Infrastructure Cabinet Secretary James Macharia on Tuesday said the deal will be inked during this year's Forum on China-Africa Corporation (FOCAC) that will be held from September 1-5 in China. "We shall be travelling to China on the first week of September for the FOCAC summit and we shall sign the Ksh380 billion contract for the second phase Read the full story
Nigeria: Fed Up With Costly, Dirty Fuels, Nigerians Switch to Cleaner Alternatives
AllAfrica
Jengre, Nigeria Nearly four million people, mostly women and girls, die every year from the effects of dirty cooking fuels, WHO says. For Rhoda Tanko, preparing dishes of okra or egusi soup in her small shack was a daily ordeal spent battling the dizzying, toxic black fumes spewed out by her charcoal stove. "Every time I had to cook for my family, I knew I had to deal with smoke that made my head feel heavy and my eyes swim," Tanko, a 38-year-old mother of four, told the Thomson Reuters Read the full story
ASIA
South Korea Is Cementing Its Place As A Global Blockchain Leader
Forbes Magazine
Forbes Magazine
South Korea is proving its power and motivation when it comes to blockchain. Read the full story
'Unaffordable' Hong Kong home prices could fall by double digits
Hong Kong's notoriously expensive residential property market could be hit by as much as a 15 percent decline over the next year on rising interest rates and other factors. Some, though, say a land shortage will continue to support prices.
The US and China slapped a bunch of tariffs on each other again, and their first talks in months went nowhere
Business Insider
President Donald Trump's trade war kicked up another notch on Thursday with new tariffs on another $16 billion worth of Chinese goods. The new tariffs come as the US and China continue negotiations in Washington - their first talks since June. But according to a senior administration official, the Americans aren't seeing much progress in the talks. The trade war between the US and China took another step forward Thursday, and the chances of a resolution still appear far away. At midnight, the US Read the full story
Opinion: China will surpass US to be world's largest economy — it's time for us to shift gears
Fox News
Even the most casual visitor to China cannot help but see a nation leaping into the future. Read the full story
EUROPE
Austria's Kurz wants to help EU's Barnier avoid a hard Brexit
Reuters
Reuters
Austrian Chancellor Sebastian Kurz, whose country holds the rotating European Union presidency, said on Thursday he wanted to help the EU's chief Brexit negotiator avoid a hard Brexit. Read the full story
More red tape and higher business costs — here are the UK’s trade plans in case of a no-deal Brexit
British businesses should prepare for higher barriers to trade in case the government doesn't reach a deal with the European Union over Brexit, Downing Street said Thursday.
Read more: https://www.cnbc.com/2018/08/
France’s stock market is poised for a ‘golden decade,’ Berenberg economist says
MarketWatch
France has quietly emerged as an investor favorite, with analysts touting it as the region’s next big growth story. Read the full story
Hunt says parliament will only approve Brexit deal consistent with vote
Reuters
Britain's foreign minister, Jeremy Hunt, said on Thursday he believed the British parliament would only approve a Brexit deal that was consistent with the "letter and spirit" of the 2016 referendum result in favor of leaving the European Union. Read the full story
Russia may ban more US politicians over sanctions, deputy foreign minister says
We could respond symmetrically, asymmetrically, (or) we could lengthen our own list of 'sanctioned' politicians," Sergei Ryabkov told International Life magazine.
Trump has reportedly offered US funds to buy Italian debt
The yields on 10-year Italian government bonds are at levels not seen since 2014.
Read more: https://www.cnbc.com/2018/08/
U.K. issues contingency plan amid looming Brexit deadline
Axios
With the Brexit deadline approaching and breakthroughs proving elusive, U.K. officials today released a contingency plan for crashing out of Europe without an exit deal. Read the full story
d
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http://www.dinarguru.com/
8-25-2018 Newshound Guru Adam Montana [Do you think the IMF has to give the nod to an RV?] Of course - the IMF isn't going to hold them back when they choose to RV. We've seen the IMF stay very silent on Iraq once the restrictions were lifted several years ago. If the IMF was going to try to block anything, they would be very outspoken about it and we'd all know it was time to pack our bags and find another subject to keep our interest... that is not the case.
8-24-2018 Newshound Guru RayRen98 Announcements in Iraq indicating that after the EID holiday, there will be a surprise for all of the people of Iraq coming from the largest block that is currently being formed. Iraqi TV is explaining to the citizens how to use their smart phones for banking needs and sharing how to make deposits via ATM's and other advantages for using the ATM.
8-24-2018 Newshound/Intel Guru Mnt Goat So we are still being told the negotiations with the Kurdistan parties will be completed by the end of Eid al-Adha holiday on Aug 25th. And the announcements of the new government will be made at this time. So I expect it sometime this weekend. We are hearing the new FIRST session of parliament to swear in the new members and establish the new speaker will take place (or targeted to take place) on Tuesday Aug 28th.
8-24-2018 Intel Guru Bruce We don’t get a whole lot information on the dong, but it is going to come out at a better than we thought rate. It also maybe will be traded up higher. ...Everything is moving which we think is too slowly, there is a lot of stuff happening behind the scenes. I am excited about where we are. I know our rates are going to be great...Let’s see what happens. Monday should be a cool day because Iraq should have their rate out by then. At least that is what we think... [post 2 of 2]
8-24-2018 Newshound/Intel Guru Mnt Goat So we are still being told the negotiations with the Kurdistan parties will be completed by the end of Eid al-Adha holiday on Aug 25th. And the announcements of the new government will be made at this time. So I expect it sometime this weekend. We are hearing the new FIRST session of parliament to swear in the new members and establish the new speaker will take place (or targeted to take place) on Tuesday Aug 28th.
8-24-2018 Intel Guru Bruce We don’t get a whole lot information on the dong, but it is going to come out at a better than we thought rate. It also maybe will be traded up higher. ...Everything is moving which we think is too slowly, there is a lot of stuff happening behind the scenes. I am excited about where we are. I know our rates are going to be great...Let’s see what happens. Monday should be a cool day because Iraq should have their rate out by then. At least that is what we think... [post 2 of 2]
8-24-2018 Intel Guru Bruce We talked about the Iraqi dinar being “seen” on the Iraqi stock exchange, the ISX. The commodities and so on that are being traded are being valued in dinar at a rate of about $3.84. Now, what we understand is [to] come...at 8am this coming Monday Iraqi time which is EST at midnight...this Sunday night...we are hearing that rate should come out officially at something that is more than double that. I am not going to give you the exact rate, but just know it is over twice what I just said. ...That is a major move even though to be completely honest...that rate will go up. After several trading sessions it will continue to work its way higher... [post 1 of 2....stay tuned]
8-24-2018 Newshound/Intel Guru Mnt Goat As we wait for a decision by the CBI on the reinstatement of the dinar, we are witnessing more and more pressure from Iran to conduct business with Iraq in spite of the sanctions. They are now even attempting to drive down the rate of the dinar by smuggling counterfeit US dollars over the border, thus weakening the dinar. This is economic war...
8-24-2018 Intel Guru ADMINBILL TODAY'S NEWS IS EXTRAORDINARILY GREAT. I AM NOT AT LIBERTY TO SHARE BUT I CAN'T HELP LETTING YOU KNOW THAT YOU ARE IN A STERLING PLACE TODAY SO DON'T WORRY, BE HAPPY. IT APPEARS THIS MAY BE A GREAT TIMES TO GET YOUR DUCKS IN A ROW.
8-24-2018 Newshound Guru Kaperoni Today's [Thursday's] market rate / Street rate was reported at 1217 to $1. Again this is unofficial cuz the CBI has not held auctions past few days due to the holiday so we'll have to wait and see when they begin again if they are in compliance or not. 1217 though it's technically not in compliance within the 2%. [Side Note: You can always find the latest CBI reported market rate in left column of this page.]
8-24-2018 Newshound Guru Breitling ...It’s the people who put this stuff out. What we [the United States] did was injected 2 billion worth of US dollars into Iraq’s economy and then we did the shock and awe. It’s always been controlled. The economy took a hit because we totally destroyed their infrastructure. But what kept it afloat was the US dollar…The currency itself has never been a high risk. It’s artificial inflation. It’s not market driven inflation…it’s an artificial rate. It’s an advantage for them to do it [the artificial rate]. They can’t do it forever. [Post 2 of 2]
8-24-2018 Newshound Guru Breitling The value of the Iraqi dinar is based on oil. So at it’s highest peak I believe it was at $3.25. That comes from the ex-general who put out the new currency that you and I have…Their goal…is to get back to $3.25 and these are the guys stating they wanted to get down to a billion notes to get it back to $3.25. That’s where it came from. It didn’t come from someone who just made up the numbers or anything like that. [Post 1 of 2]
8-24-2018 Newshound/Intel Guru Mnt Goat As we wait for a decision by the CBI on the reinstatement of the dinar, we are witnessing more and more pressure from Iran to conduct business with Iraq in spite of the sanctions. They are now even attempting to drive down the rate of the dinar by smuggling counterfeit US dollars over the border, thus weakening the dinar. This is economic war...
8-24-2018 Intel Guru ADMINBILL TODAY'S NEWS IS EXTRAORDINARILY GREAT. I AM NOT AT LIBERTY TO SHARE BUT I CAN'T HELP LETTING YOU KNOW THAT YOU ARE IN A STERLING PLACE TODAY SO DON'T WORRY, BE HAPPY. IT APPEARS THIS MAY BE A GREAT TIMES TO GET YOUR DUCKS IN A ROW.
8-24-2018 Newshound Guru Kaperoni Today's [Thursday's] market rate / Street rate was reported at 1217 to $1. Again this is unofficial cuz the CBI has not held auctions past few days due to the holiday so we'll have to wait and see when they begin again if they are in compliance or not. 1217 though it's technically not in compliance within the 2%. [Side Note: You can always find the latest CBI reported market rate in left column of this page.]
8-24-2018 Newshound Guru Breitling ...It’s the people who put this stuff out. What we [the United States] did was injected 2 billion worth of US dollars into Iraq’s economy and then we did the shock and awe. It’s always been controlled. The economy took a hit because we totally destroyed their infrastructure. But what kept it afloat was the US dollar…The currency itself has never been a high risk. It’s artificial inflation. It’s not market driven inflation…it’s an artificial rate. It’s an advantage for them to do it [the artificial rate]. They can’t do it forever. [Post 2 of 2]
8-24-2018 Newshound Guru Breitling The value of the Iraqi dinar is based on oil. So at it’s highest peak I believe it was at $3.25. That comes from the ex-general who put out the new currency that you and I have…Their goal…is to get back to $3.25 and these are the guys stating they wanted to get down to a billion notes to get it back to $3.25. That’s where it came from. It didn’t come from someone who just made up the numbers or anything like that. [Post 1 of 2]
8-23-2018 Newshound Guru Currency365 People still saying citizens wont see wealth from RV because they only get purchasing power BUT many citizens purchased dinar with USD & stashed away millions of IQD & will not bring them in until the RV. Also Citizens will receive monthly Oil Revenue and ALL the Oil back pay.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
***************
ARTICLE 1-A (from PM Abadi's website; posted only on Arabic side, not on English side)
Prime Minister Dr. Haidar Al - Abadi praises the achievement achieved by the heroic Iraqi quartet Safa Rashid
Prime Minister Dr. Haidar al-Abadi praised the achievement achieved by the Iraqi Grand Mufti Safa Rashid
In the achievement of the gold medal in the weightlifting competitions at the weight of 85 kg in the Games of the Asian Games in Indonesia, and gave his congratulations to the Iraqi people and the sports community of this achievement.
Prime Minister 's Media Office
24 August 2018
****************
ARTICLE 1-B (from PM Abadi's website; posted on both Arabic and English sides)
Prime Minister Dr. Haider al-Abadi: The popular crowd should not be politicized
The Prime Minister stressed the commander of the armed forces, Dr. Haider Abadi, the importance of not politicizing the popular crowd,
Indicating that the stories of sacrifice presented by heroes of the crowd and security forces must be recorded.
This came during his visit to the People's Assembly and his meeting with the officials of the brigades and directorates in the Authority, where he blessed the blessed days of Eid al-Adha for the pilgrims to complete the work, wishing them safe return.
Dr. Haider al-Abadi hailed the lives of the martyrs, their families, the wounded and the heroic fighters who achieved the victories and defended the citizens, pointing out that the crowd is a new beginning in which people hope by volunteering the fatwa of Sayyid Ali al-Sistani and their lives for their country.
He added: "In all international conferences and everywhere, we say that the crowd is an institution that follows the state and the commander-in-chief of the armed forces and we stood against all those who wanted to distort its image.
He explained that the removal of the crowd from huge cities should not be subject to political pressure gangs urging us expelled and defeated, but they have cells and ideological thought should continue to fight it, either to evacuate the scene suddenly, it will give an opportunity for terrorist groups to attack citizens.
He stressed that the Constitution and laws prevent confusion between security work, military and intelligence with the political.
Dr. Abadi stressed the refusal to be political parties within the crowd.
He said that the use of sacrifices political conflicts for this or that is unacceptable, indicating that we want to maintain the crowd support and support.
Prime Minister 's Media Office
24 August 2018
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ARTICLE 2
Tweet from Government of Iraq twitter account
Government of IraqVerified account @IraqiGovt 8-24-2018 around 9:30 am Eastern
The @IraqiGovt is supporting the growth of the private sector, and is implementing reforms to encourage Iraqi and international investment. This strategy is critical to putting Iraq on the path of economic and social development and for the creation of jobs.
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ARTICLE 3
Masoum and Abadi are looking to accelerate the formation of the largest bloc in preparation for the convening of Parliament
2018/8/24 22:52
[Ayna-Baghdad]
The President of the Republic, Fuad Masoum, discussed in Baghdad Friday evening with Prime Minister Haider Abadi the current developments with the leaders of political forces in the country.
"The meeting discussed the political, security and economic developments in the country, including the problem of services in Basra, and focus on developments on the subject of accelerating the formation of the largest bloc in preparation for the call of the House of Representatives in its fourth session in a The Constitutional Timing Framework which the President of the Republic affirmed the commitment of all to respect. "
He also stressed the need to strengthen efforts to protect and deepen the democratic process on the basis of adhering to the Constitution and respect the will of voters and work hard and fast to respond to the national will to carry out radical reforms in all areas.
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