| WOTS Thursday 8/16/18 |
WOTS Thursday 8/16/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,164.3000 | 1,164.3000 | 1,164.3000 | | 20:00 |
| USD/VND | | | 23,278.0000 | 22,909.3000 | 22,909.3000 | | 04:15 |
| USD/CNY | | | 6.9338 | 6.8800 | 6.9248 | | 05:35 |
| USD/KWD | | | 0.3030 | 0.3024 | 0.3029 | | 04:15 |
| GBP/USD | | | 1.2731 | 1.2687 | 1.2694 | | 05:35 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,715.0000 | 14,571.8000 | 14,695.0000 | | 05:35 |
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Change: Abadi as head of the next government according to Pompeo's call
Last updated: 16 August 2018 - 1:32 PM
The Kurdish Movement for Change said on Thursday that US Secretary of State Mike Pompeo's talks with provincial government chief Nigervan Barzani and Prime Minister Haider Abadi were very frank and an early announcement to support Abadi for a second term. "The two calls yesterday by US Secretary of State Mike Pompeo with provincial government chief Nigervan Barzani and Prime Minister Haider al-Abadi are a clear declaration of the American position supporting Abadi's second term," member Tafka Ahmed said in a press statement. Ahmed added that "Pompeo's call with Barzani was an American request for the alliance of the two main Kurdish parties with the Abadi bloc in order to accelerate the formation of the next government." The US Secretary of State had a phone call with Prime Minister Haider Abadi and provincial government President Necrvan Barzani, in which he called for the formation of the government and the United States of America will be its backer.
Rafidain Bank and the company to launch an advance double and double
16/08/2018
Independent) .. KI launched in cooperation with the Rafidain Bank a new advance for retirees under the name of double and double.
The head of the commercial department of the company Ahmed Kazem said that the advance comes to support the segment of retirees who receive their salaries through the card / Key MasterCard, where the beneficiary is given the amount of 3 million dinars or 7 million dinars repayment period of 60 months.
Kazem pointed out that the advance is characterized by being easier and faster, as it does not require complicated procedures and without guarantor guarantor.
In addition, international companies such as Visa, in its 2020 plan, are trying to make the authorization of the financial movements on its network be biometric, which makes the system of national pride on the one hand and on the other hand, Design and performance.
The company's family includes more than 7 million beneficiaries across Iraq
Kazem pointed out that the advance is characterized by being easier and faster, as it does not require complicated procedures and without guarantor guarantor.
In addition, international companies such as Visa, in its 2020 plan, are trying to make the authorization of the financial movements on its network be biometric, which makes the system of national pride on the one hand and on the other hand, Design and performance.
The company's family includes more than 7 million beneficiaries across Iraq
Trade Bank of Iraq puts Turkish bank purchase plans on hold
Lender's chairman cites Turkey's currency fall of more than 40 per cent against the US dollar this year as reason for holding back
Iraq, August 16, 2018
Trade Bank of Iraq (TBI) has put on hold plans to buy a commercial bank in Turkey because of the plunge in the Turkish lira, its chairman told Reuters.
The bank, owned by the Iraqi government and with assets of around $20 billion, is responsible for helping finance around 80 per cent of the trade finance business in Iraq. It is keen to expand its footprint in Turkey, Iraq's largest trading partner, Faisal Al Haimus said.
Turkey's currency has lost more than 40 per cent against the US dollar this year, fuelled by investors' anxiety over President Recep Erdogan's economic policies and, more recently, a diplomatic spat between Turkey and the United States. The lira rebounded on Wednesday after the central bank squeezed lira liquidity in the market, effectively pushing up rates and supporting the currency.
'Turkey is a very important market for Iraq and we want to study the situation before entering Turkey,' he said. 'The Turkish lira is not stable and we are watching to see if it stabilises before entering.'
Mr Al Haimus said TBI's preferred entrance to Turkey was through an acquisition and TBI had been approached about buying a Turkish commercial bank. He did not name the bank. TBI's board was assessing the potential purchase, he said without elaborating.
'A commercial bank would act as Iraq's trading leg in Turkey and facilitate exports from Iraq to Turkey,' he said, adding that trade between the two countries had reached around $6bn so far this year.
TBI also plans to open a branch in Saudi Arabia after last month receiving approval to do this from the country's Council of Ministers.
'At this point in time trade [between Iraq and Saudi Arabia] is around $1bn and the aim is to double or triple that in two or three years,' Mr Al Haimus said, adding that food and agricultural products and petrochemicals were among the areas primed for growth.
The bank also has a representative office in Abu Dhabi, which it plans to upgrade to an asset management business to provide investment opportunities in Iraq for high-net-worth individuals in the Arabian Gulf, Mr Al Haimus said.
Dhi Qar .. Contractors and sand dunes without salaries for six months
Release date: 2018/8/16 12:40 • 10 times read
(Dhi Qar: Euphrates News) The administration of the sand dunes stabilization project in Dhi Qar province said that the contractors and the daily procedures in the project have not received their salaries for six months.
The project manager Qahtan Arab said in a statement received by the agency {Euphrates News}, said that 32 contractors and 26 wage in the project have not received their monthly salaries since last March and until now.
He pointed out that "the Ministry of Planning has not yet approved the financial allocations for projects to combat desertification in the province and did not spend them any amounts as monthly wages during the current year, but the Ministry of Agriculture paid them salaries in January and February as a financial advance."
He called on the Arabs "the federal government to speed up the ratification of projects to combat desertification in Dhi Qar and the release of contractors' salaries and procedures."
The monthly salary of the contractor in the project is 250 thousand dinars, either the fields will receive 10,000 dinars for every working day without the official holidays, while receiving the guard duty 300 thousand dinars per month.
He pointed out that "the Ministry of Planning has not yet approved the financial allocations for projects to combat desertification in the province and did not spend them any amounts as monthly wages during the current year, but the Ministry of Agriculture paid them salaries in January and February as a financial advance."
He called on the Arabs "the federal government to speed up the ratification of projects to combat desertification in Dhi Qar and the release of contractors' salaries and procedures."
The monthly salary of the contractor in the project is 250 thousand dinars, either the fields will receive 10,000 dinars for every working day without the official holidays, while receiving the guard duty 300 thousand dinars per month.
Maysan announces environmental disaster in marshes
Date of release: 2018/8/16 11:46 • 170 times read
{Maysan: Euphrates News} The local heap in Maysan, Thursday, officially announced solutions to environmental disaster in the drought marshes of the province.
We declare an environmental disaster in the marshes of the province due to water scarcity and drought," Deputy Governor Jassem Al-Hajjaj told the agency's correspondent.
Iraq and the world are witnessing a crisis of drought and water scarcity unprecedented because of global warming and the absence of optimal management of water resources in Mesopotamia
Iraq and the world are witnessing a crisis of drought and water scarcity unprecedented because of global warming and the absence of optimal management of water resources in Mesopotamia
Chairman of the Turkish-Iraqi working council: The decline of the lira will reflect positively on Iraq
16-08-2018 12:12 PM
The Euphrates -
The head of the Turkish-Iraqi Business Council, Amin Saadoun Taha, said on Thursday that the Turkish lira crisis and its fall to record levels against the dollar will be positively reflected on Iraq, pointing out that the current trade between Turkey and Iraq is below the required level.
Taha said in a press statement that the fall of the lira against the dollar affects the internal trade in Turkey, stressing that this unexpected drop in high numbers is not in favor of the Turkish economy now.
He added that the decline of the pound will continue as long as the political crisis, and if it continues will affect - temporarily - strongly in the Turkish market, "pointing out that many businessmen and companies will be affected and now for several months, from 6 months onwards, will shake those who do not have a capital and a strong "He said.
And on the reflection of the decline of the Turkish lira on Iraq, Taha said, "This crisis has a positive benefit for the Iraqi importer because he will buy the goods at a cheap price and a lower price than was previously purchased."
104.380 foreign workers in Iraq
Thursday, August 16, 2018
Baghdad/ Iraq TradeLink: Iraqi Labor Ministry’s sources confirmed that more than 100.000 foreign
workers are currently in the country.
workers are currently in the country.
The sources that the exact figure reached to 104.380 who had entry visas during 2017 and 2018, but no details were given on the previous years.
It was reported that the ministry will force foreign companies to employ 50% of its labor needs from Iraqi citizens and no permit will be given to employ foreigners without abidance with Labor Law No.37 of 2015.
First Kurdish budget since 2014
Thursday August 16, 2018 3:51 AM admin
Arbil/ Iraq TradeLink: Kurdish governmental sources reported readiness to complete the first regional
budget since 2014.
The new planned budget will cover 2019.
The stoppage in this matter was due to the financial crisis that stormed Iraq and the Kurdish region as well.
No other details were given.
Kauaihn Iraq Articles:dd
Sadr, Hakim, Abadi and Ameri are negotiating the formation of the largest bloc on the "Watts"
Thursday, 16 August 2018 2:23 pm
The leader and former leader of the Dawa party, Salim al-Hassani, that both the leader of the Sadrist movement Moqtada al-Sadr, the leader of the current wisdom Ammar al-Hakim, the leader of the victory coalition, Haider Abadi, and the leader of the Fatah alliance and Hadi Amiri, formed their own group on the watt How to face the largest bloc that began to consist of the alliance of conquest and law and the Kurdish parties and lists Sunni and the largest part of the list of victory."
. Muqtada al-Sadr has stopped his negotiating team, and his activity has been confined directly to this group," al-Hassani said in a publication on his Facebook account. Officially announced ".
He added that "Ammar al-Hakim suffered a shocking setback" in the efforts to lead the negotiations between the blocks. "
He explained that "Haider Abadi realized that he had practically lost about thirty members of the list of victory, which made the dream of his life in the second state away from his hand, resorted to Muqtada al-Sadr asked him to support numerically to reduce the shortage of seats that qualify him to return to the competition on Prime minister".
He continued, "Hadi al-Amiri and that the alliance Fatah has resolved his order in alliance with the rule of law and the Kurds and Sunnis in the largest bloc, but his ambition is bypassed prime minister, makes him solidarity secretly with Sadr and Hakim and slaves."
He pointed out that the four leaders are exerting their efforts on the waasab, in continuous deliberations, to get each of them out of his problem, and each of them achieve their ambitions at the expense of the other three on the one hand, and prevent the formation of the largest bloc on the other.
He noted that the four leaders, contrary to their orientation, meet only one participant, is to delay the formation of the government in any form and means.
It is noteworthy that Sadr announced the freezing of negotiations in the largest bloc with the outbreak of the demonstrations until the demands of the demonstrators.
The US Embassy issued an explanatory statement on Iraq's violation of sanctions against Iran
Thursday, 16 August 2018 02:04 pm
The US Embassy in Baghdad issued an explanation on remarks by US State Department spokeswoman Heather Neuert about Iraq's relationship with sanctions against Iran.
The embassy confirmed there was no violation of US sanctions against Iran.
The embassy said in an explanatory statement: "After reviewing the question and answer to the question and following up the subject with the Deputy Ambassador, the clarification of the subject is as follows:" In its response to the question referred to efforts to resolve outstanding issues between the Kurdistan Regional Government and the Government of Iraq " .
"Countries that violate sanctions will be held accountable," the statement said, referring to the partial sanctions on Iran.
"As you know, the sanctions are to deal in dollars with Iran, and as you know, the prime minister said that Iraq will not deal with the dollar with Iran, so there is no breach of sanctions," she said.
The US embassy in Baghdad, according to the statement: "The way the Iraqi media conveyed this news is inaccurate."
US State Department spokeswoman Heather Neuert commented on Prime Minister Haider Abadi's comments on continued trade with Iran, saying: "Violators of the sanctions regime can themselves be subject to sanctions."
Prime Minister Haider al-Abadi said on Monday that Baghdad partly respects US sanctions against Iran and refuses to use the dollar in its dealings with Tehran.
Last Thursday, the Central Bank of Iraq (CBE) notified commercial banks of a ban on dollar transactions with Iranian lenders under US sanctions. At the same time, the Central Bank of Iraq has not stopped using the euro in dealing with Iran, which, he says, depends on the requirements of the ECB and correspondent banks.
The United States has since last week imposed large-scale sanctions on Iran, which it had suspended earlier, after reaching a comprehensive joint action plan on Iran's nuclear program in 2015.
Washington threatens Iraq with Iran's sanctions
August 16, 2018
WASHINGTON - The United States has threatened Iraq with sanctions similar to those it has imposed on Iran if it does not comply, in response to Iraqi Prime Minister Haidar al-Abadi's announcement to continue trade with Tehran.
The State Department sent a stern warning to the Iraqi government if it refused to comply with US sanctions against Iran, saying that violators of the sanctions regime could themselves be subject to sanctions. State Department spokeswoman Heather Neuert said Abadi's comments on continued trade with Iran, saying those who violated the sanctions regime could themselves be subject to sanctions.
"You know our warnings about Iran and trade with them, and we will continue to prosecute countries for any breach of the sanctions we are imposing against Iran," Nuerte told a news conference in Washington last night.
Abadi said on Monday that Baghdad was partly taking into account US sanctions against Iran and refusing to use the dollar in its dealings with Tehran. He pointed out that Iraq's decision on US sanctions against Iran does not mean "adherence to those sanctions." "Iraq's decision is not to deal with Iran in the currency of the dollar and not to abide by US sanctions against it," he said. "Iraq will abandon the dollar in its trade with Iran," he said.
The State Department sent a stern warning to the Iraqi government if it refused to comply with US sanctions against Iran, saying that violators of the sanctions regime could themselves be subject to sanctions. State Department spokeswoman Heather Neuert said Abadi's comments on continued trade with Iran, saying those who violated the sanctions regime could themselves be subject to sanctions.
"You know our warnings about Iran and trade with them, and we will continue to prosecute countries for any breach of the sanctions we are imposing against Iran," Nuerte told a news conference in Washington last night.
Abadi said on Monday that Baghdad was partly taking into account US sanctions against Iran and refusing to use the dollar in its dealings with Tehran. He pointed out that Iraq's decision on US sanctions against Iran does not mean "adherence to those sanctions." "Iraq's decision is not to deal with Iran in the currency of the dollar and not to abide by US sanctions against it," he said. "Iraq will abandon the dollar in its trade with Iran," he said.
Saudi Arabia Urges Iran, Iraq, Turkey, Syria on Respecting Kurd’s Rights
16/08/2018 - 00:40
Kurdistan
Saudi Arabia Urges Iran, Iraq, Turkey, Syria on Respecting Kurd’s Rights
Saudi Arabia Urges Iran, Iraq, Turkey, Syria on Respecting Kurd’s Rights
ERBIL — A Saudi diplomat has urged Iran, Iraq, Turkey, and Syria to give the Kurds their legitimate rights.
Speaking to reporters from Moscow, Saudi Ambassador to Russia, Ra’id Bin Khalid, said that his country would support the Kurds to exercise their right to rule themselves.
He pointed out that the Kurdish people, scattered between the four countries in the Middle East, should be given the chance to determine their own fate.
Bin Khalid reminded that the Kurdish forces have fought on the forefront of the war against the Islamic State, and they have tried to exercise democracy in the areas they rule in Iraq and Syria.
He highlighted the fact that the Kurdish authorities, during the past few years, have created a safe haven even for the Arabs who fled their homes in fear of terror.
The diplomat emphasized that the situation for Kurds in Turkey, even though making up 15% to 20% of the total population in the country, is not as good as in Syria or Iraq. Bin Khalid said they cannot exercise their basic rights related to exercising their culture.
He rejected supporting every movement seeking independence, but noted that the Kurds deserve a state of their own and such an independent Kurdistan could serve the interests of the wider region.
Fahmi denies the withdrawal of the Communist Party from others
2018/8/16 0:23 • 65 times read
(Baghdad: Al-Furat News) The secretary of the Iraqi Communist Party, the leader of the alliance of Sason, Raed Fahmi, denied the news of the withdrawal of the party from the coalition.
Fahmi said in a statement received by the agency {Euphrates News} a copy of it, "some social networking pages are fabricated message addressed to Mr. Muqtada al-Sadr, referring to the withdrawal of the Communist Party from the alliance of Sowron."
"It is clear that this false message aims to disrupt public opinion and represents a miserable attempt to undermine the alliance of others after it has proved the strength of cohesion and solidity of the positions of the parties that continue based on their commitment to the national reform project of the allocation of quotas and called for a firm fight against corruption and those involved in it and to achieve social justice Secure services and decent living for the poor, the hard-working, the hard-working and the low-income. "
"It seems that the alliance and the reform project sponsored by His Eminence, Mr. Moqtada al-Sadr, taps those who cling to power and privileges and involved in corruption and responsible for the failed policies produced by the approach of quotas."
It is noteworthy that the alliance is a coalition between the Sadrist movement led by Mr. Moqtada al-Sadr with the Iraqi Communist Party led by Raed Fahmi and other parties, including the party of integrity led by Hassan Aqoli, the Republican Rally led by Saad Assem al-Janabi, and the fair state party led by Qahtan Jubouri.
The coalition won 54 seats in the parliamentary elections that took place on 12 May next and lost a seat after the counting and manual counting of the results after the appeal to be 53 seats, but kept the top of the winning blocs.
"It is clear that this false message aims to disrupt public opinion and represents a miserable attempt to undermine the alliance of others after it has proved the strength of cohesion and solidity of the positions of the parties that continue based on their commitment to the national reform project of the allocation of quotas and called for a firm fight against corruption and those involved in it and to achieve social justice Secure services and decent living for the poor, the hard-working, the hard-working and the low-income. "
"It seems that the alliance and the reform project sponsored by His Eminence, Mr. Moqtada al-Sadr, taps those who cling to power and privileges and involved in corruption and responsible for the failed policies produced by the approach of quotas."
It is noteworthy that the alliance is a coalition between the Sadrist movement led by Mr. Moqtada al-Sadr with the Iraqi Communist Party led by Raed Fahmi and other parties, including the party of integrity led by Hassan Aqoli, the Republican Rally led by Saad Assem al-Janabi, and the fair state party led by Qahtan Jubouri.
The coalition won 54 seats in the parliamentary elections that took place on 12 May next and lost a seat after the counting and manual counting of the results after the appeal to be 53 seats, but kept the top of the winning blocs.
The dispute over the post of speaker of the Iraqi parliament threatens the unity of the new Sunni alliance
Maliki's coalition likely to announce the largest bloc in two days
Aug 16, 2018
Baghdad «Al-Quds Al-Arabi»: Iraqi political forces are preparing to announce the formation of the largest parliamentary bloc, after the announcement of the results of counting and counting, in preparation for the selection of the new Cabinet Cabinet.
Shiite politicians have failed to agree on a specific candidate for the post of prime minister next, and so for the Kurds appointed to choose the President, while the Sunnis took their first steps towards the selection of the Speaker of Parliament, meeting a unified alliance.
The former governor of Nineveh, and the leader of the "coalition of decision", Athil Nujaifi, wrote on his Facebook page, commenting on the formation of the Sunni Alliance, saying: "Our agreement in the National Axis alliance was based on not giving the corrupt and counterfeiters the opportunity to dominate the legislative authority, Of pressure on the judiciary and not to repeat the experience of the recent elections, which lost the confidence of the people in any future elections ».
He added: "If some imagine that he is able to exploit this agreement for the perpetuation of failure and to promote the results of fraud, or is able to deceive a number of deputies, the opposition seats will be comfortable for our likes," stressing that «our participation in the formation of the next government hanging on the hope of reform and not just to participate» .
Despite the meeting of the Sunni political blocs in a unified alliance, but apparently did not exceed the differences between them, did not shine so far to identify the candidate of the new speaker, which threatens the unity of the coalition. According to observers.
The leader of the «coalition of decision» Ahmed Jarba, that the coalition has not yet agreed on a candidate for the presidency of parliament.
He said in a statement that «the coming days will witness a meeting between members and leaders of the coalition of the decision (led by Vice President Osama Najafi) to choose a candidate for the presidency of parliament, has the support and confidence of representatives of the affected provinces in particular and political partners in the Shiite blocs and Kurdish in general, And defend their rights and aspirations in a free and dignified life. "
At the level of the largest bloc, leaks revealed that the announcement will be during the next two days, and it will form coalitions of conquest and the rule of law and the parties of Sunni and Kurdish.
Abdul Hadi al-Saadawi, a member of the coalition «state law» led by al-Maliki, said in a statement, that «the largest bloc has become a declaration around the corner, and expect to see the light during the next two days», indicating that «the largest bloc will include the conquest and the rule of law and some parties victory In addition to some Sunni and Kurdish forces. "
He added that «there is a national will will be away from external pressures and political and we will work hard to achieve the interest of the country and away from the quota and compatibility», pointing out that «there are ideas will be received during the coming period and we will see in the parliament a new scene with the existence of two blocs, one supportive of the government and the other opposition, All to move forward ».
He stressed «the existence of strong opposition to the assessment and correction of the government will create a strong government capable of providing services and the elimination of corruption».
The United States urged both the federal government in Baghdad and its counterpart in the Kurdistan region to form a new "moderate" government while renewing their commitment to support Iraq in accordance with the strategic framework agreement signed between the two sides.
US Secretary of State Mike Pompeo, telephoned Iraqi Prime Minister Haider al-Abadi finally, before he made the same move with the head of the regional government, Nechirvan Barzani.
According to a statement by the US State Department, the minister «spoke with both the Iraqi Prime Minister Haider Abadi and Prime Minister of the Kurdistan Regional Government, Nechirvan Barzani, during a telephone conversation yesterday (Sunday)».
The Minister expressed his appreciation for the progress made by the two leaders in resolving outstanding issues between Baghdad and Erbil within the framework of dialogue in the Iraqi constitution. According to the statement.
He stressed in his conversation with each leader the importance of forming a new moderate Iraqi government that meets the expectations of the Iraqi people according to the constitutional timetable. The continued support of the United States for a strong, prosperous and sovereign Iraq as outlined in the bilateral strategic framework agreement with Iraq. " According to the statement.
Shiite politicians have failed to agree on a specific candidate for the post of prime minister next, and so for the Kurds appointed to choose the President, while the Sunnis took their first steps towards the selection of the Speaker of Parliament, meeting a unified alliance.
The former governor of Nineveh, and the leader of the "coalition of decision", Athil Nujaifi, wrote on his Facebook page, commenting on the formation of the Sunni Alliance, saying: "Our agreement in the National Axis alliance was based on not giving the corrupt and counterfeiters the opportunity to dominate the legislative authority, Of pressure on the judiciary and not to repeat the experience of the recent elections, which lost the confidence of the people in any future elections ».
He added: "If some imagine that he is able to exploit this agreement for the perpetuation of failure and to promote the results of fraud, or is able to deceive a number of deputies, the opposition seats will be comfortable for our likes," stressing that «our participation in the formation of the next government hanging on the hope of reform and not just to participate» .
Despite the meeting of the Sunni political blocs in a unified alliance, but apparently did not exceed the differences between them, did not shine so far to identify the candidate of the new speaker, which threatens the unity of the coalition. According to observers.
The leader of the «coalition of decision» Ahmed Jarba, that the coalition has not yet agreed on a candidate for the presidency of parliament.
He said in a statement that «the coming days will witness a meeting between members and leaders of the coalition of the decision (led by Vice President Osama Najafi) to choose a candidate for the presidency of parliament, has the support and confidence of representatives of the affected provinces in particular and political partners in the Shiite blocs and Kurdish in general, And defend their rights and aspirations in a free and dignified life. "
At the level of the largest bloc, leaks revealed that the announcement will be during the next two days, and it will form coalitions of conquest and the rule of law and the parties of Sunni and Kurdish.
Abdul Hadi al-Saadawi, a member of the coalition «state law» led by al-Maliki, said in a statement, that «the largest bloc has become a declaration around the corner, and expect to see the light during the next two days», indicating that «the largest bloc will include the conquest and the rule of law and some parties victory In addition to some Sunni and Kurdish forces. "
He added that «there is a national will will be away from external pressures and political and we will work hard to achieve the interest of the country and away from the quota and compatibility», pointing out that «there are ideas will be received during the coming period and we will see in the parliament a new scene with the existence of two blocs, one supportive of the government and the other opposition, All to move forward ».
He stressed «the existence of strong opposition to the assessment and correction of the government will create a strong government capable of providing services and the elimination of corruption».
The United States urged both the federal government in Baghdad and its counterpart in the Kurdistan region to form a new "moderate" government while renewing their commitment to support Iraq in accordance with the strategic framework agreement signed between the two sides.
US Secretary of State Mike Pompeo, telephoned Iraqi Prime Minister Haider al-Abadi finally, before he made the same move with the head of the regional government, Nechirvan Barzani.
According to a statement by the US State Department, the minister «spoke with both the Iraqi Prime Minister Haider Abadi and Prime Minister of the Kurdistan Regional Government, Nechirvan Barzani, during a telephone conversation yesterday (Sunday)».
The Minister expressed his appreciation for the progress made by the two leaders in resolving outstanding issues between Baghdad and Erbil within the framework of dialogue in the Iraqi constitution. According to the statement.
He stressed in his conversation with each leader the importance of forming a new moderate Iraqi government that meets the expectations of the Iraqi people according to the constitutional timetable. The continued support of the United States for a strong, prosperous and sovereign Iraq as outlined in the bilateral strategic framework agreement with Iraq. " According to the statement.
Academic: It is still too early to announce the largest bloc and everyone will participate in the government
Release Date: 2018/8/15 22:00
The time is still early to announce the largest bloc," said political science professor at the University of Nahrain Yassin al-Bakri said that "all political forces will form the government."
Al-Bakri told the Euphrates News that "the time is still early to announce the largest bloc of the existence of a node in the foundation and I think everyone will form the next government and the absence of an opposition," adding that "those who did not vote for him could take seats in parliament."
He said that "the group called the collective leadership in the Sunni axis because they are forced to put this name because of the subordination of a certain person in the sense that does not give one of them to the other."
"The meeting for them came to the issues of forming the government and the distribution of positions is a clear step to crystallize the components and new in these elections that the columns of the three [Shiite, Sunni and Kurdish} in a conflict within the same column and said that the 6 heads located in the Sunni axis expresses a crisis because the rest are not satisfied there Many disagreements on special issues of interest. "
Bakri continued that "the majority of the political majority of the government because it depends on the quota because they have constitutional reasons and the manner of forming parties can not get out of it, at each stage of the elections political forces talk about the formation of a national majority, but it is back to the quota."
Turkish Jets Strike Sinjar
He said that "the group called the collective leadership in the Sunni axis because they are forced to put this name because of the subordination of a certain person in the sense that does not give one of them to the other."
"The meeting for them came to the issues of forming the government and the distribution of positions is a clear step to crystallize the components and new in these elections that the columns of the three [Shiite, Sunni and Kurdish} in a conflict within the same column and said that the 6 heads located in the Sunni axis expresses a crisis because the rest are not satisfied there Many disagreements on special issues of interest. "
Bakri continued that "the majority of the political majority of the government because it depends on the quota because they have constitutional reasons and the manner of forming parties can not get out of it, at each stage of the elections political forces talk about the formation of a national majority, but it is back to the quota."
Turkish Jets Strike Sinjar
16/08/2018 - 00:37 Kurdistan
Turkish Jets Strike Sinjar
ERBIL — Only a day after Iraqi premier Haider al-Abadi’s visit to Ankara, Turkish warplanes carried out airstrikes in Sinjar area.
The strike reportedly targeted a checkpoint belonging to the armed forces affiliated with the Kurdistan Worker’s Party.
A local source told BasNews that the PKK forces in Babshlo, Snune and Sikni had came under attack.
Abadi reportedly discussed the issue a day earlier with the Turkish president, saying that they will not accept any forces using the Iraqi territories to pose a threat to Turkey.
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Today in History
My San Antonio
My San Antonio
Today in History Today is Wednesday, Aug. 15, the 227th day of 2018. There are 138 days left in the year. Today's Highlight in History: On August 15, 1945, in a pre-recorded radio address, Japan's Emperor Hirohito announced that his country had accepted terms of surrender for ending World War II. Read the full story
Silicon Valley venture capitalist John Doerr popularized OKRs, a method of setting and achieving goals used by individuals and organizations alike. Today, the method is used by top companies such as Google, LinkedIn and the Gates Foundation to meet ambitious goals.
This is the No. 1 thing parents can do to set their kids up for career success
"When it comes to achieving lasting success," the CNBC contributor says, "there are very few shortcuts."
Read more: https://www.cnbc.com/2018/08/
Morning news briefing from CNN
CNN
Morning news briefing from CNN on Wednesday, August 15. Read the full story
How stashing receipts saved one man over a $1,000 in 7 months
NBC News
Personal finance writer Michael Timmermann says he saved over $1,000 by holding off on extra purchases and holding onto his receipts instead. Here’s how. Read the full story
OIL/COMMODITIES/ENERGY
It's Time For Contrarians To Get Bullish On Gold
Forbes Magazine
Forbes Magazine
Gold normally acts as a safe haven in times of political and economic strife, but in the face of Turkey’s lira meltdown, investors have taken cover instead in the U.S. dollar. On Monday, the stronger greenback pushed gold to end below $1,200 an ounce for the first time since January 2017. Read the full story
Gold advances as dollar softens
Gold prices steadied near 18-month lows on Tuesday, attempting a break back above the key $1,200 level as the dollar eased and analysts said the precious metal could have fallen too far.
Gold edges higher as Turkey turmoil fades
MarketWatch
Gold futures edge higher, finding support as pressure abates on Turkey’s lira, allowing the U.S. dollar to give back some recent gains. Read the full story
Gold Rallies as Dollar Softens and Turkish Lira RecoversInvesting.com
Gold was higher on Tuesday. Read the full story
Gold Prices Pull Back as Demand for Dollar Goes Up Amid Turkish Worries
Investing.com
Gold prices fell below the $1,200 mark on Wednesday Read the full story
Oil Prices Slide On Rising U.S. Crude InventoriesInvesting.com
Oil prices fell on Wednesday Read the full story
Oil Prices Rise on Saudi Production Cut, U.S. Inventory Data on Tap
Investing.com
© Reuters. Crude prices gain as Saudi's confess to larger output reduction Read the full story
US crude dips 16 cents, settling at $67.04, as dollar strengthens amid Turkey turmoil
The prospect of a slowdown in global economic growth has kept a lid on markets, while the U.S. dollar continues to strengthen, putting pressure on commodities sold in greenbacks.
Read more: https://www.cnbc.com/2018/08/
Crude Oil Prices Settle Lower Ahead of Inventory Data
Investing.com
© Reuters. Crude oil prices reversed intraday gains on Tuesday Read the full story
BANKS/BANKING/CREDIT
Bank Letters About Foreign Accounts: What To Do
Forbes Magazine
Forbes Magazine
Banks all over the world are reporting Americans to the IRS for offshore accounts. Don't assume that form letter is a joke. Read the full story
Banks on alert from FBI about potential 'unlimited' ATM heist worth millions
USA TODAY
The FBI has warned banks in the U.S. of an impending heist, called an ATM cash-out, targeting a haul of millions of dollars from banks by thieves using cloned cards for fraudulent withdrawals. Read the full story
The best credit card you can use to pay off debt with no balance transfer fee
CNBC picks the best credit card to help you pay down debt with no interest or balance transfer fee.
5 Unsecured Credit Cards for Bad Credit Ranked
CentSai
"Subprime" unsecured credit cards may sound scary, but they could be the answer to your prayers. Picture this. You’ve just gotten out of a bankruptcy a few months ago. Your credit is wrecked; all of your previous accounts are closed or charged off. A real horror, right? As you start to pick up the pieces, you... Read the full story
'Fintechs' sound cautious note on offer of U.S. bank charter
Business Insider
Lending Club banner hangs on the facade of the the New York Stock Exchange Thomson Reuters By Pete Schroeder and Michelle Price WASHINGTON (Reuters) - Financial technology companies that lend online are sounding a cautious note on a U.S. banking regulator's plan to offer them special federal charters because of concerns over legal challenges and requirements that are more onerous than expected. The Office of the Comptroller of the Currency said last month it would accept applications for banking Read the full story
Turkey slashes capacity of banks to bet against struggling lira
CNBC
The currency jumps after the regulator limits bank swap transactions. Read the full story
TREASURIES/BONDS/STOCKS
Top 5 Things To Know In The Market On WednesdayInvesting.com
© Reuters. Top 5 things to know today in financial markets Read the full story
Four Major Recession Indicators To Watch, And What They Signal Now
Forbes Magazine
We've recently seen an uptick in medium-term forecasts of U.S. recession, so what are some of the more robust indicators signalling? Read the full story
The stock market is about to make history
MarketWatch
Barring a breathtaking plunge, the bull market in U.S. stocks on Aug. 22 will become the longest in history, and optimistic investors argue it has miles to go before it rests. Read the full story
US Treasury yields inch higher ahead of data news; Turkey’s economic crisis remains in focus
U.S. government debt prices slipped into the red on Tuesday.
US Treasury yields slip ahead of fresh economic data
CNBC
U.S. government debt prices ticked higher on Wednesday. Read the full story
CRYPTO'S / DIGITAL CURRENCY
Cramer: The 'tide has turned' against bitcoin
CNBC
CNBC
Bitcoin may be losing its spark as it cracks below $6,000, according to CNBC's Jim Cramer. Read the full story
Bitcoin ETF Faces Moving Finish Line As Cboe Aims To Be First
Investor's Business Daily
Cboe Global Markets wants to be the first to list a Bitcoin ETF, though there’s still a lot of work needed to win approval from the SEC. Read the full story
Cryptocurrency Market Plumbs New Depths in 2018
The Wall Street Journal
A broad selloff in digital currencies has pushed the value of the entire market below $200 billion for the first time this year. Read the full story
Cryptocurrency market value down 70% from its peak as Bitcoin and Ether plunge
Axios
Cryptocurrency market value has dropped 70% from its peak in January, the Wall Street Journal reports, falling under $200 billion this week for the first time since November. Why it matters: Per the WSJ, many are taking the "plunging cryptocurrency prices" to mean "the apparent failure of bitcoin, ether and other popular units." Chief global strategist and managing director for B. Riley FBR Inc., Mark Grant, told the WSJ that people "are starting to realize that they drove this stuff up in a Read the full story
Bitcoin Meltdown: Fake Alarms Or Real Concerns
Forbes Magazine
Bitcoin's 2018's low is under a threat even though the bull run was expected to start in Q2. However, there are some strong levels which can make or break the bull run which could possibly cause some concern for Bitcoin's future price point. Read the full story
Blow To Bitcoin As Coinbase CEO Makes Stark Warning
Forbes Magazine
Forbes Magazine
“I think it will be quite some time before you cross the street to Starbucks in the U.S. and pay with crypto." Read the full story
Why bitcoin, other cryptocurrencies are selling off
Fox News
The broader crypto market has shed more than $600 billion in value since February. Read the full story
CURRENCIES
These 5 Facts About U.S. Currency Will Blow Your Mind
NowThis
NowThis
80% of U.S. dollar bills have traces of cocaine on them. Read the full story
Forex - Dollar near 13-Month Highs, Turkish Lira Rallies
Investing.com
© Reuters. Dollar near 13-month highs, Turkish Lira rallies Read the full story
Forex - U.S. Dollar Surges as Turkish Economic Worry Wanes
Investing.com
© Reuters. The U.S. dollar was stronger on Tuesday. Read the full story
Euro slips on Turkey angst, dollar holds firm
The euro fell on Tuesday, hitting 13- month lows against the dollar and Swiss franc, as traders fret over the exposure of European banks to Turkey, whose currency rebounded from an all-time low.
Contagion from Turkish currency collapse to European banks is ‘overblown,’ says analyst
MarketWatch
MarketWatch
Amid fears that the Turkish lira’s swoon will result in further pain outside the country’s borders, one analyst says investors can take the European banking sector off the list of hotzones at risk of contagion from the emerging-markets crisis. Read the full story
Turkish lira recovers sharply against the dollar after record nosedive
The currency has lost 28 percent of its value against the greenback since August and more than 40 percent this year amid investor fears over central bank policy and escalating disputes with the United States.
Yuan outlook cloudy as currency falls to 20-month low amid Turkish lira concerns, trade war
South China Morning Post
China’s central bank lowers the daily currency midpoint by 0.23 per cent to 6.8856 yuan per dollar for the sixth straight day Read the full story
INSURANCE / HEALTH / SCIENCE
Multi-gene test may find risk of heart disease and more
CBS News
CBS News
Researchers say a new way of analyzing genetic test data may one day help identify people at high risk of a youthful heart attack in time to help Read the full story
Is Everyone Mad at Me, or Is It Just My Anxiety?
Health.com
Jancee Dunn was adding unnecessary drama to her life by misinterpreting others’ actions—here’s how she stopped doing it for good. Read the full story
Medicaid, Medicare plans are consuming more of the insurance industry
Axios
Adapted from Lane et al., 2018, "Best's Market Segment Report: U.S. Government-Related Health Insurance Business Continues to Grow Despite Risks"; Chart: Axios Visuals Health insurance companies used to collect a majority of their premium dollars from people who had coverage through their jobs, but their growing stake in running government health care programs has consumed a larger share of premiums over the past decade. The big picture: Don't expect this to slow down. More low-income people Read the full story
When insurance wouldn't pay, parents funded cancer patient's $95,000 lifesaving treatment
CNN
Kate Weissman's parents paid $95,000 for her cancer treatment after UnitedHealthcare denied coverage. She's now cancer-free. One medical director who denied coverage isn't board-certified "gynecologic oncology." Read the full story
Unsafe levels of a weed killer chemical in oat products, report says
CNN
CNN
Some oat cereals, oatmeal, granola and snack bars contain higher levels of glyphosate than what the Environmental Working Group considers safe, according to a report. Read the full story
How the humble cabbage can stop cancers
BBC News US
Researchers reveal how chemicals in some vegetables can prevent bowel cancer. Read the full story
USA/CANADA
The 6 industries with the biggest hiring increases
Looking for a job? These are the areas adding the most opportunities, according to LinkedIn.
Turkey slaps tariffs on American booze, cars as business groups urge diplomacy
CNBC
The government claims it is responding to a “deliberate attack” by the U.S. on Turkey’s economy. Read the full story
US-Turkish relations spiraling amid tit-for-tat penalties over detained pastor
ABC News
The US and Turkey are trading penalties linked to a pastor's detention. Read the full story
Can Lowering Trade Barriers Fuel American Energy Exports to Europe?
Atlantic Council
Momentum is building regarding the trade truce and work plan announced by the United States and the European Union in the July 25 US-EU Joint Statement. US President Donald J. Trump and European Commission President Jean-Claude Junker gave special attention to strengthening “strategic cooperation with respect to energy,” adding that the “European Union wants to import more liquefied natural gas (LNG) from the United States to diversify its energy supply.” In early August, the EU Commission Read the full story
Canada-Saudi Arabia Dispute: Hospitals Brace for Staff Shortages As Riyadh Orders Students to Leave
Newsweek
Newsweek
The kingdom has given its students until August 31 to leave Canada, including more than 1,000 Saudi medical graduates participating in fellowship, residency training and research programs at Canadian health institutions. Read the full story
EMERGING MARKETS
Puerto Rico utility completes restoration 10 months after Maria
Business Insider
Business Insider
FILE PHOTO - Resident of La Chorrera neighbourhood tries to fix an electrical grid in Utuado Thomson Reuters By Jessica Resnick-Ault (Reuters) - Puerto Rico's electric utility said it completed restoration of power to all of its customers on Tuesday, more than ten months after Hurricane Maria left 1.5 million homes and businesses in the dark. In a message on twitter, the Puerto Rico Electric Power Authority (PREPA) said it had restored power to the last customer that was still offline, a family Read the full story
Puerto Rico power company says power back on across island
ABC News
Puerto Rico officials say the power has been restored to the entire island for the first time since Hurricane Maria struck nearly 11 months ago Read the full story
UN says an estimated 2.3 million people have fled Venezuela
ABC News
The United Nations says an estimated 2.3 million Venezuelans had fled the country as of June, mainly to Colombia, Ecuador, Peru and Brazil Read the full story
Why Turkey’s crisis doesn’t spell doom for all emerging-market currencies
MarketWatch
Turkey’s currency crisis sent ripples through global financial markets, but analysts say it isn’t necessarily a death sentence for all emerging-market currencies. Read the full story
Conditions For Brazil's Corporates Improving But Uncertainty Persists As Election Approaches
Forbes Magazine
Life is improving for Latin America's economic powerhouse but doubts remain ahead of October's presidential elections, according to fresh analysis. Read the full story
MIDDLE EAST
Trump’s Iran Sanctions Are Backfiring in Iraq
POLITICO
POLITICO
The U.S. crackdown on Tehran is putting Iraqi politicians in an awkward spot. Read the full story
Iraq to reduce visa charges for Iranian pilgrims
ABC News
Iraq is reducing visa charges for Iranian pilgrims who travel to Iraq to mark a major religious occasion later this year Read the full story
Iraq to Respect Dollar Ban But Not All US Sanctions on Iran
Wednesday, August 15, 2018
Iraqi Prime Minister Haider al-Abadi stepped back from his proclamation to abide by new US sanctions on Iran on Monday, saying his government would only respect the dollar ban in transactions with Iran.
“I did not say we abide by the sanctions; I said we abide by not using dollars in transactions. We have no other choice,” Abadi told a news conference in Baghdad, Reuters reported.
Imports paid in US dollars have already ground to a halt, as the Central Bank of Iraq has reportedly notified all domestic banks that using dollars with Iranian banks has been banned.
«To comply with the American sanctions, we›ve stopped imports of Iranian cars,» said a senior official in the auto import industry, AFP reported earlier this week.
The official, who asked not to be named, said Baghdad had asked for an exemption from Washington to allow imports of Iranian spare parts for car assembly facilities in Iraq.
«Production has ground to a halt with 5,000 jobs on the line,» he said.
Russia to help UN with patrols along Syria-Israel frontier
ABC News
Russia's military says its forces will help UN peacekeepers fully restore patrols along Syria-Israel frontier Read the full story
The West cannot afford losing Turkey to Russia and Iran
CNN
As relations between the US and Turkey sour and the Turkish lira crumbles, Turkey may begin leaning more heavily towards Iran and Russia and away from the West. Read the full story
America's silence makes it complicit in Saudi bombing of Yemeni children
CNN
This despicable embrace of the Saudis should be a bigger scandal than it is; instead we get Secretary of State Mike Pompeo's non-response after children die, an administration that feeds on its own chaos and dysfunction and a media so focused on our domestic disorder that it focuses scant attention on our conflicts abroad, writes Jill Filipovic. Read the full story
Turkey crisis contagion fears persist: 'These things can turn on a dime'
Business Insider
Global markets have stabilized after initial fears that Turkey's crisis would spread to other emerging economies or even Europe - but that does mean the danger is over. Turkey plays a key geopolitical role as a NATO member that makes any threats to its stability even more important to its neighbors. Investors fear the crisis could spread to other vulnerable emerging states like South Africa and Argentina, while some European banks hold substantial exposure to Turkish assets. Turkey's deepening Read the full story
Turkey’s Economy is on a Collision Course with Reality
New York Magazine
Erdogan’s easy money policy bought him his popularity, but his reluctance to shore up his currency could tank the Turkish economy. Read the full story
Palestinian mail blocked by Israel arrives eight years late
BBC News US
Letters and packages from as far as 2010 arrive in the West Bank after they are released by Israel. Read the full story
After wreaking havoc in Africa, 'impossible to kill' crop-destroying worm reaches Asia
CNN
CNN
After leaving a trail of ruined crops in Africa and the Americas, an invasive worm has been found in India, prompting concern that it could have a devastating effect on the country's agriculture. Read the full story
Angola: Swindling Angola's Central Bank
AllAfrica
Although to date Angola's efforts have focused on severing ties to Jean-Claude Bastos de Morais' management of the Sovereign Wealth Fund, his involvement in what is alleged to have been the systematic theft of money from the Angolan public purse goes further than the mismanagement of the Sovereign Fund. Up to now the government has remained totally silent about a further US $3 billion dollars that Bastos secured from Angola's Central Bank (Banco Nacional de Angola - BNA). As with the Sovereign Read the full story
China advances plan to build $2.5bn Zimbabwe to Mozambique railway
FurtherAfrica
China Railways has proposed the construction of a $2.5bn rail link between the neighbouring states of Mozambique, Zambia, Malawi and Zimbabwe. As with the high-speed, east-to-west links in Kenya and Tanzania, the aim will be to give landlocked countries – and the Chinese companies operating there – access to Indian Ocean ports. Read the full story
ASIA
China feels economic pressure from Trump's tariffs
Fox News
Fox News
FBN's Edward Lawrence on how the U.S. and Mexico are working to renegotiate NAFTA. Lawrence also discussed the trade spat between the U.S. and China. Read the full story
China feeling the brunt of trade war
Fox News
Will China's economic slowdown result in a compromise on trade? Read the full story
Chinese oil importers shun U.S. crude despite tariff reversal
Reuters
Chinese oil importers are shying away from buying U.S. crude as they fear Beijing's decision to exclude the commodity from its tariff list in a trade dispute between the world's biggest economies may only be temporary. Read the full story
Asian Markets Fall as Turkish Concerns Linger
Investing.com
Asian markets were mostly lower Read the full story
Asian markets edge lower; Turkish lira holds onto overnight gains
CNBC
Asian shares slipped in early Wednesday trade even as recent worries over Turkey's currency crisis moderated on the lira's overnight gains. Read the full story
China can play the oil card if its trade rift with the US deepens
Business Insider
Beijing last week decided to exclude crude oil from the latest list of US goods targeted for tariffs. When China began reducing US crude orders in anticipation of tariffs, other Asian buyers stepped in, as reported by Bloomberg. China is the biggest single buyer of US crude with shipments to China accounting for 3% of the country's total imports. Chinese refiners and the U.S. oil industry welcomed a decision by Beijing last week to exclude crude oil exports from a list of goods worth US$16 Read the full story
Trade war raises the spectre of a ‘China collapse’, and Beijing should worry
South China Morning Post
Deng Yuwen warns that the impact on China’s economy could destabilise a country already dealing with the twin problems of low public trust and unresponsive government bureaucracy. But although change is inevitable, an eruption of public anger is not Read the full story
EUROPE
ABC News
British Foreign Secretary Jeremy Hunt says it would be "a huge strategic mistake" if no deal is struck before Britain leaves the European Union in March as Brexit talks have stalled Read the full story
Can Britain alone stop Brexit? Scottish court hears appeal
Business Insider
Union Jack and EU flag hanging before Brexit negotiations in Brussels Thomson Reuters EDINBURGH (Reuters) - Pro-EU campaigners seeking to establish legally that Britain alone could stop the Brexit process took an appeal to Scotland's top court on Wednesday. They want judges to ask the European Court of Justice (ECJ) to clarify whether Britain could choose to remain in the world's biggest trading bloc without permission from the other 27 members. That would require Britain's parliament to first Read the full story
Russia may have more US debt than people think
Business Insider
Russia's President Vladimir Putin gestures during the joint press conference with U.S. President Donald Trump in the Presidential Palace in Helsinki, Finland July 16, 2018. Headlines say Russia dumped 84% of its US debt. But the Russian central bank needs dollars to stabilize the ruble through market intervention and to help its banks manage liquidity. Russia may have not sold anywhere near that many Treasuries. "Russia dumped 84% of its American debt," blared a July CNN headline. Russian Read the full story
UK official 'confident' about a trade deal with the US
CNBC
We are committed to doing one fast. We've begun the preparations now so that we are ready to go as soon as we've left the EU next March," says U.K. trade commissioner Antony Phillipson. Read the full story
A no-deal Brexit would be bad for Britain – and a disaster for cities like Liverpool. That's why we need a Final Say
The Independent
This is not about asking the same question over and over again, it’s about offering a chance to approve how the country will be governed after 2019 – a discussion that never took place during the referendum campaign What is a no-deal Brexit? If you had made the case, just a few years ago, that Britain should leave the single market, with no substitute arrangements in place, jeopardising 40 per cent of our trade and millions of jobs, you would have been thought delusional. Yet here we are, just Read the full story
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Thursday 8/16/18 did update on the indicative rates Sell Rate 1190
The currency auction is 155,767,391
There is one news and announcements.
1.The main functions of the Department of Payments
The functions and duties of the payments department concerned.
August 16, 2018
The functions and duties of the payments department concerned.
August 16, 2018
Functions and duties of the formations of the Payments Department
Payment Department implements electronic payment systems through the operation, management and maintenance of systems as well as the completion of projects that contribute to enhancing the use of electronic payment tools instead of cash and instruments in financial transactions.
Development of infrastructure for payment systems according to international standards.Supervising and supervising the financial transactions implemented through the systems as well as supervising the participants in the systems from the banks and providers of electronic payment services.Develop plans for completion of projects.Approve the licensing of electronic payment service providers technically.
One of the most important projects currently under way by the Department of Payments, the project to settle salaries, the project to automate the work of ministries and government departments and e-collection project.
First: The Planning and Follow-up Department consists of the following divisions:
1. Statistics and Reports Division
Prepare the statistics and periodic reports available in the systems.Preparing Customized reports and reports upon request that need to be programmed to be extracted in coordination with the Technical Support Division in this department.Preparing the statistics and reports related to the payment systems and distributing them to the relevant departments in the Central Bank for publishing and distribution through various media.Conducting comparative studies (quantitative / qualitative) on the movements implemented through the systems and on demand and provide management.Provide periodic reports on the activities of the Division (weekly, monthly, quarterly, annual and special).
2. The User Actions Division is summarized as follows:
Set user procedures and update them periodically.Preparing, publishing, updating and distributing working manuals on the use of the systems in either hard copies or electronic copies.Follow up the implementation of the duties, duties and powers assigned to each department.Preparing the training plans related to payment systems for the departments of the Department, banks, electronic payment service providers and the State departments, and coordinating their implementation.Prepare the job description in the department and update it when needed.Provide periodic reports on the activities of the Division (weekly, monthly, quarterly, annual and special).
3. The project follow-up department and its tasks are summarized as follows:
Participate in the preparation of future plans for the proposed projects in the Department and in coordination with the relevant authorities.Studying the projects of the new payment systems to be established and determining their economic feasibility in coordination with the Quality Assurance Division.Supervising the implementation of the plans and continuous follow-up to ensure delivery of the project within the time and budget and quality and reporting to the senior management in coordination with the Division of Quality Assurance.Periodic reports on progress of projects.Proposing the strategic programs and projects and discussing the projects proposed by the different departments in coordination with the Quality Assurance Division.Preparing the requirements for the tender of the projects through the self-efforts of the employees of the division and in cooperation with the specialized companies in this regard if necessary.Preparing plans to train and rehabilitate the users of the systems resulting from the projects to ensure the proper functioning and success.Coordinate the use of project resources.Division of projects within the task structure.Approve methodologies and models used in projects.Management of project-wide change in the department and according to business requirements.Work on transferring knowledge to project managers on project management standards.Follow up the development of project performance plans.Follow up the implementation of future projects.Provide periodic reports on the activities of the Division (weekly, monthly, quarterly, annual and special)
Second: The Department of Supervision and Compliance consists of the following divisions:
1. Studying applications and its tasks are summarized as follows:
Contribute and coordinate with the Department of Banking Supervision to study and evaluate the applications for licensing to provide payment, settlement and electronic transfer services for the funds provided by the payment and electronic transfer service providers to ensure that they meet all the technical, administrative, financial and legal requirements in coordination with the competent departments in accordance with the instructions issued in this regard.Coordinating with the Banking Control Department to give an opinion on the applications for granting and renewing the licenses of electronic payment service providers and the amendments thereto.Coordination with the Banking Supervision Department and the Operations Section - Dispute Division and the Office of the Follow-up Assistance Committee, if any, regarding the non-compliance of the electronic payment service providers with instructions issued by this bank in this respect.Maintain records of the managers, operators of payment systems, payment service providers and authorized agents according to the instructions in force and update them continuously.Examining the amendment requests of the electronic payment service providers regarding the merger, liquidation, closing and sale of all / or selling part of the assets of payment service providers in coordination with the Banking Control Department.Provide periodic reports on the activities of the Division (weekly, monthly, quarterly, annual and extraordinary).
2. Division of rules and procedures The tasks are summarized as follows:
Setting the regulatory frameworks and rules for the payment systems that regulate the work of the participants and means of payment in coordination with the relevant departments.Coordinating with the concerned departments to determine the technical, administrative, legal and financial requirements and follow up the requirements of participation in the payment systems and provide payment services and electronic transfer of funds as providers of payment services.Drawing up the policies, procedures and rules for payment systems according to the best international standards approved and updated continuously.Establish the necessary procedures to ensure that customers and participants in the payment, clearance and settlement systems receive the required fees
Payment Department implements electronic payment systems through the operation, management and maintenance of systems as well as the completion of projects that contribute to enhancing the use of electronic payment tools instead of cash and instruments in financial transactions.
Development of infrastructure for payment systems according to international standards.Supervising and supervising the financial transactions implemented through the systems as well as supervising the participants in the systems from the banks and providers of electronic payment services.Develop plans for completion of projects.Approve the licensing of electronic payment service providers technically.
One of the most important projects currently under way by the Department of Payments, the project to settle salaries, the project to automate the work of ministries and government departments and e-collection project.
First: The Planning and Follow-up Department consists of the following divisions:
1. Statistics and Reports Division
Prepare the statistics and periodic reports available in the systems.Preparing Customized reports and reports upon request that need to be programmed to be extracted in coordination with the Technical Support Division in this department.Preparing the statistics and reports related to the payment systems and distributing them to the relevant departments in the Central Bank for publishing and distribution through various media.Conducting comparative studies (quantitative / qualitative) on the movements implemented through the systems and on demand and provide management.Provide periodic reports on the activities of the Division (weekly, monthly, quarterly, annual and special).
2. The User Actions Division is summarized as follows:
Set user procedures and update them periodically.Preparing, publishing, updating and distributing working manuals on the use of the systems in either hard copies or electronic copies.Follow up the implementation of the duties, duties and powers assigned to each department.Preparing the training plans related to payment systems for the departments of the Department, banks, electronic payment service providers and the State departments, and coordinating their implementation.Prepare the job description in the department and update it when needed.Provide periodic reports on the activities of the Division (weekly, monthly, quarterly, annual and special).
3. The project follow-up department and its tasks are summarized as follows:
Participate in the preparation of future plans for the proposed projects in the Department and in coordination with the relevant authorities.Studying the projects of the new payment systems to be established and determining their economic feasibility in coordination with the Quality Assurance Division.Supervising the implementation of the plans and continuous follow-up to ensure delivery of the project within the time and budget and quality and reporting to the senior management in coordination with the Division of Quality Assurance.Periodic reports on progress of projects.Proposing the strategic programs and projects and discussing the projects proposed by the different departments in coordination with the Quality Assurance Division.Preparing the requirements for the tender of the projects through the self-efforts of the employees of the division and in cooperation with the specialized companies in this regard if necessary.Preparing plans to train and rehabilitate the users of the systems resulting from the projects to ensure the proper functioning and success.Coordinate the use of project resources.Division of projects within the task structure.Approve methodologies and models used in projects.Management of project-wide change in the department and according to business requirements.Work on transferring knowledge to project managers on project management standards.Follow up the development of project performance plans.Follow up the implementation of future projects.Provide periodic reports on the activities of the Division (weekly, monthly, quarterly, annual and special)
Second: The Department of Supervision and Compliance consists of the following divisions:
1. Studying applications and its tasks are summarized as follows:
Contribute and coordinate with the Department of Banking Supervision to study and evaluate the applications for licensing to provide payment, settlement and electronic transfer services for the funds provided by the payment and electronic transfer service providers to ensure that they meet all the technical, administrative, financial and legal requirements in coordination with the competent departments in accordance with the instructions issued in this regard.Coordinating with the Banking Control Department to give an opinion on the applications for granting and renewing the licenses of electronic payment service providers and the amendments thereto.Coordination with the Banking Supervision Department and the Operations Section - Dispute Division and the Office of the Follow-up Assistance Committee, if any, regarding the non-compliance of the electronic payment service providers with instructions issued by this bank in this respect.Maintain records of the managers, operators of payment systems, payment service providers and authorized agents according to the instructions in force and update them continuously.Examining the amendment requests of the electronic payment service providers regarding the merger, liquidation, closing and sale of all / or selling part of the assets of payment service providers in coordination with the Banking Control Department.Provide periodic reports on the activities of the Division (weekly, monthly, quarterly, annual and extraordinary).
2. Division of rules and procedures The tasks are summarized as follows:
Setting the regulatory frameworks and rules for the payment systems that regulate the work of the participants and means of payment in coordination with the relevant departments.Coordinating with the concerned departments to determine the technical, administrative, legal and financial requirements and follow up the requirements of participation in the payment systems and provide payment services and electronic transfer of funds as providers of payment services.Drawing up the policies, procedures and rules for payment systems according to the best international standards approved and updated continuously.Establish the necessary procedures to ensure that customers and participants in the payment, clearance and settlement systems receive the required fees
Value Traded
669,842,115
Shares Traded
883,278,684
ISX ended in Red
Kauaihn Chatter:dd
http://www.dinarguru.com/
8-16-2018 Newshound Guru Adam Montana [...do you really think Iraq CBI will RV their currency during 2018 and/or early 2019?...] For the record, I do believe that we are in the final stretch. It may seem like they have been kicking the can down the road, but when you stop to examine all the details, it really makes sense. If they had Revalued their currency in 2013, or 14, it would have been a disaster! They didn't have the infrastructure, the stability, or anything else they needed to make it a success. Today, we're in a different boat. NOW it is possible, and before it was not.
8-15-2018 Intel Guru Jester [ ...Turkey's currency has dropped nearly a third in the last week...With all the global banks being so inter-connected do you see that causing a problem for other nations or major banks?] WELL I HAVE THE [GURU] REDWOLF ON THAT ONE...WE THINK IT IS THE START OF REVALUING WEAK CURRENCIES WITH LITTLE GOLD OR ASSET SUPPORT... THERE ARE OTHERS GOING ON RIGHT NOW JUST NOT AS PROLIFIC... THE OPERATIVE WORKING THINKING IS THAT THINGS ARE MOVING ALONG USING OTHER EXCUSES FOR SMOKE SCREEN...
8-15-2018 Newshound Guru Kaperoni ...it is not advantageous for Iraq to sit in Article XIV especially since it's been stated numerous times in the Article IV Consultations that moving to Article VIII will send a positive message to the global investment community. Iraq needs a private-sector badly.
8-15-2018 Intel Guru Footforward You will see alot of people sell or get rid of their dinar as we get closer. This is another sign. I will not be one of these people. Don't be a fool.
8-15-2018 Newshound Guru Adam Montana Is it Groundhog Day? It certainly seems like it, especially after the following: We're still waiting on election results. That's a bummer for everyone waiting on some groundbreaking news, but for most of us... we understand the process, and because we're nearing the end of this chapter, it's not too hard to be patient (for just a LITTLE bit longer!). It's almost mind-boggling to look at the situation and try to understand how it can take them so long to count up a couple of ballots, but that's the way it is. Here's an article that is interesting: "Abadi's chances to assume 2nd term in office decreased" ...it's an Iranian source. Which might mean everything, or nothing. Either way, we're still waiting for the official end of the elections, and until that's done... we are in limbo.
8-15-2018 Newshound/Intel Guru David M. Witty In Iraqi election news, main election winner Sadr's Sairoon Coalition says agreement reached in principle between Sairoon, Nasr, Hikma & Wataniya on forming new governing alliance. New PM to select new cabinet as he likes without party considerations.
8-15-2018 Intel Guru Frank26 Article: "Analyst: US Embassy imposes itself as guardian of Iraqi government decisions" Quotes: "the presence of the American economic team within the embassy came to monitor the financial performance of the government and the extent of Iraq's commitment to the International Monetary Fund."; "the work of the team in monitoring how to deal with the implementation of the conditions of the IMF is a major breach of Iraqi sovereignty." HOW MANY OF YOU BELIEVE THE GOAL OF THE USA IS TO KEEP THE IQD AT A PROGRAM RATE? (Wink) (big Grin)
8-15-2018 Intel Guru Bruce [via PinkRoses] ...We know a lot of our sources are just absolutely quiet between the NDAs and gag orders that are out there. A lot of it is super quiet. We do have some information here and there. Rates that we do have or had the last couple of days are very good. ...As far as we can see the so called John Q Public...the latest timing of that we heard is August 21st - 22nd...Things are coming together and more and more pieces of the puzzle is coming in and we are able to see the picture now which looks great for us...We are excited... We are just at the point right now where we are ready to go.
8-15-2018 Newshound Guru Kaperoni ...it is not advantageous for Iraq to sit in Article XIV especially since it's been stated numerous times in the Article IV Consultations that moving to Article VIII will send a positive message to the global investment community. Iraq needs a private-sector badly.
8-15-2018 Intel Guru Footforward You will see alot of people sell or get rid of their dinar as we get closer. This is another sign. I will not be one of these people. Don't be a fool.
8-15-2018 Newshound Guru Adam Montana Is it Groundhog Day? It certainly seems like it, especially after the following: We're still waiting on election results. That's a bummer for everyone waiting on some groundbreaking news, but for most of us... we understand the process, and because we're nearing the end of this chapter, it's not too hard to be patient (for just a LITTLE bit longer!). It's almost mind-boggling to look at the situation and try to understand how it can take them so long to count up a couple of ballots, but that's the way it is. Here's an article that is interesting: "Abadi's chances to assume 2nd term in office decreased" ...it's an Iranian source. Which might mean everything, or nothing. Either way, we're still waiting for the official end of the elections, and until that's done... we are in limbo.
8-15-2018 Newshound/Intel Guru David M. Witty In Iraqi election news, main election winner Sadr's Sairoon Coalition says agreement reached in principle between Sairoon, Nasr, Hikma & Wataniya on forming new governing alliance. New PM to select new cabinet as he likes without party considerations.
8-15-2018 Intel Guru Frank26 Article: "Analyst: US Embassy imposes itself as guardian of Iraqi government decisions" Quotes: "the presence of the American economic team within the embassy came to monitor the financial performance of the government and the extent of Iraq's commitment to the International Monetary Fund."; "the work of the team in monitoring how to deal with the implementation of the conditions of the IMF is a major breach of Iraqi sovereignty." HOW MANY OF YOU BELIEVE THE GOAL OF THE USA IS TO KEEP THE IQD AT A PROGRAM RATE? (Wink) (big Grin)
8-15-2018 Intel Guru Bruce [via PinkRoses] ...We know a lot of our sources are just absolutely quiet between the NDAs and gag orders that are out there. A lot of it is super quiet. We do have some information here and there. Rates that we do have or had the last couple of days are very good. ...As far as we can see the so called John Q Public...the latest timing of that we heard is August 21st - 22nd...Things are coming together and more and more pieces of the puzzle is coming in and we are able to see the picture now which looks great for us...We are excited... We are just at the point right now where we are ready to go.
8-15-2018 Newshound/Intel Guru Mnt Goat Article quote: "The results of the elections proved that Abadi and Jabouri calls to hold manual recounting of parliamentary elections votes were an attempt to achieve political gains"
...this article confirms what I have been saying all along...That the sorting and recounting is a conspiracy to stall the formation of the government. Now having said this – is this really that bad since they needed to stall due to cleaning out the corrupt officials and to form the strongest alliance.
...this article confirms what I have been saying all along...That the sorting and recounting is a conspiracy to stall the formation of the government. Now having said this – is this really that bad since they needed to stall due to cleaning out the corrupt officials and to form the strongest alliance.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Abadi's website; posted only on Arabic side, not on English side)
Prime Minister Dr. Haider al-Abadi: Iraq will win again in reconstruction, construction and job creation
Prime Minister Dr. Haidar al-Abadi said that Iraq will win again in reconstruction, construction and job creation through uniting us as we succeeded in the war on the past and achieve security and stability.
During his speech at the Iraqi Economic Development Conference, which was held today by the General Secretariat of the Council of Ministers, he praised the efforts to develop Iraq, which he expressed in Iraq first, pointing out that this expression is not directed against any other country, but is a reason for cooperation with these countries for the benefit of Iraq.
"Iraq first means more development, job creation, investment and economic development.
He stressed that Iraq has gone through wars and siege and therefore it does not stop with the siege of any country as a result of what happened to the citizens of Iraq previously.
Dr. Abadi said that the demands of citizens are being met and in each session of the Council of Ministers decisions are issued to a number of provinces and we have formed a committee for reconstruction and services to consider these applications and implementation.
He pointed out that Iraq needs alternatives to oil because dependence on it will be an imbalance, indicating that the government has developed new plans to find alternative revenues for oil as well as benefit from the accompanying gas, which was burning.
Dr. Abadi said that sustainable development projects are those that can provide job opportunities and eliminate unemployment.
He also said that the world believes that it has an interest with Iraq because Iraq today is strong and has the ability to rise.
Prime Minister 's Media Office
15 August 2018
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ARTICLE 2
Tweet posted on Government of Iraq twitter account:
Government of IraqVerified account @IraqiGovt 8-16-2018 around 4:45 am Eastern
PM @HaiderAlAbadi: We are implementing measures to strengthen good governance, and to hold to account officials responsible for the delivery of public services to our citizens.
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ARTICLE 3
Abadi: Iraq needs oil alternatives
2018/8/15 15:27
[Ayna-Baghdad]
Prime Minister Haidar al-Abadi said that Iraq needs alternatives to oil, pointing out that Iraq will win again in the reconstruction and construction and create employment through uniting.
"This is an expression that is not directed against any country," he said in a speech to the Iraqi Economic Development Conference, which was held today by the Secretariat General of the Council of Ministers. But it is a reason to cooperate with these countries for the benefit of Iraq. "
"Iraq first means more development, job creation, investment and economic development," Abadi said. "Iraq has gone through wars and embargoes, so it does not stand with the siege of any country as a result of what happened to the citizens of Iraq before."
Abadi said that "the demands of citizens are responding to them and in each of the meetings of the Council of Ministers are issuing decisions to a number of provinces and we have formed the Committee of reconstruction and services to consider these requests and implementation."
He pointed out that "Iraq needs alternatives to oil because dependence on it will be a complete imbalance, noting that the government has developed new plans to find alternative revenues for oil as well as benefit from the associated gas, which was burned."
"Sustainable development projects are the ones that can create job opportunities and eliminate unemployment.
"The world believes that it has an interest with Iraq because Iraq today is strong and has the ability to rise," he said
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ARTICLE 4
Executions of a former Sahwa official involved in the killing of the Dulouiya police chief
2018/8/16 12:29
[Ayna-Baghdad]
Salah al-Din Criminal Court sentenced to death by hanging to death convicted convicted of participating in the murder of police chief Dhuluiya.
"The first body of the Salah al-Din Criminal Court has considered a case of a terrorist whose confessions proved to be part of the killing of a police chief," Supreme Judicial Council spokesman Abdul Sattar Birqdar said in a statement.
He added that "the accused, who was working in charge of the province of Dhuluiya district in 2011 admitted to put an adhesive package under the wheel of the victim in conjunction with several accused."
"The death sentence was issued in accordance with the provisions of article IV / 1 of the anti-terrorism law," Birkdar said.
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ARTICLE 5
The former director of the Rusafa real estate registry was imprisoned for damaging public money
2018/8/16 10:16
[Ayna-Baghdad]
The Investigations Department of the Integrity Commission revealed that the Rasafa Criminal Court, which deals with integrity issues, sentenced in absentia to seven years' imprisonment against the former director of the registration of the first Rusafa properties, deliberately causing damage to public funds.
A statement of integrity received by the agency all of Iraq [where] a copy of it, "The Chamber, referring to the exhibition details of the case, that the convicted fugitive deliberately damaged the funds and the interests of the body connected to him by virtue of his job, over exaggeration and exaggeration estimate the value of a real estate more than two billion dinars And half a billion for its real value. "
According to the statement, "the convict has estimated the value of the property by two billion and 765 million and 500 thousand dinars and the organization of a record of this, while the real value is estimated at 260 million and 900 thousand dinars only," indicating that "the investigative committee authorizing the subject to the Integrity Commission that I investigated the case. "
The statement added that "the facts of the case were confirmed by the minutes of the investigative committee and the statements of witnesses, in addition to the presumption of escape of the accused, which the court found sufficient and convincing to criminalize and convict him according to the provisions of Article 340 of the Penal Code."
He pointed out that "the decision of the verdict included the issuance of a warrant for the seizure and fundamentalist of the right of the convict, support the custody of his movable and immovable property, as well as giving the right to the affected party to seek compensation before the civil courts after the judgment acquires a decisive degree."
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