WOTS Thursday 8/30/18:
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| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,167.8000 | 1,162.9000 | 1,162.9000 | | 07:07 |
| USD/VND | | | 23,268.0000 | 22,868.1000 | 22,868.1000 | | 07:07 |
| USD/CNY | | | 6.8385 | 6.8174 | 6.8187 | | 07:10 |
| USD/KWD | | | 0.3022 | 0.3015 | 0.3022 | | 07:10 |
| GBP/USD | | | 1.3041 | 1.2993 | 1.3034 | | 07:10 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,742.2000 | 14,605.0000 | 14,617.0000 | | 07:10 |
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DC NY Iraq Articles:dd
Barzani: No postponement of the provincial parliament elections
Date of release:: 2018/8/30 12:45 • 12 times scheduled
(Baghdad: al-Furat News) The deputy chairman of the Kurdistan Democratic Party, the Kurdistan Regional Government, Nechirvan Barzani, said on Thursday that the provincial parliament elections will be held on schedule on September 30 next.
"We in the Kurdistan Democratic Party (KDP) are ready to meet with all parties," Barzani said in response to questions from reporters after a meeting of the KDP leadership council.
"It is very important that the Kurds be united to participate in the next Iraqi government," he said
"It is very important that the Kurds be united to participate in the next Iraqi government," he said
Baghdad doesn’t have oil for its own needs, let alone Kurdish provinces: official
Iraq, August 30, 2018
Baghdad has not agreed to send gasoline and diesel to the Kurdistan Region, an Iraqi Oil Ministry official said on Wednesday, saying there is not enough in stock to meet even its own needs, let alone the needs of the Kurdish provinces.
There is no agreement between the oil derivatives department from the Iraqi Oil Ministry with the Kurdistan Region to send gasoline and diesel to them,” Ali Sabah, told Rudaw.
The amount we possess does not suffice even for us and we cannot send gasoline to any other place.”
In Iraq, the government controls the petrol stations where gas is sold at 450 dinars per litre ($0.38). The Kurdistan Region has a free market system and petrol currently costs at least 600 dinars per litre. The KRG takes a 50 dinar per litre tax.
The governor of Sulaimani said recently he had discussed the supplement of petrol to the province with Baghdad authorities in a bid to alleviate the rising price of fuel in the Region.
The Iraqi government has already agreed to send heating oil for all provinces of the Kurdistan Region.
Baghdad sends the Kurdistan Region a limited portion of heating oil as part of the Region’s share for the winter season, Sabah said.
A small portion of gasoline and diesel will be sent to refugees and IDPs as part of Baghdad’s assistance programmes for those living in camps, he added.
Kurdistan Region citizens have not been given their annual barrel of heating oil recently due to financial crisis. The Iraqi government stopped sending it after relations collapsed in 2014, following the KRG’s decision to export oil independent of Baghdad and central government halting salaries for civil servants.
Baghdad and Erbil have worked to improve relations since the events of October 16. The Kurdistan Region received a 12.67 percent share of the federal budget — short of the desired 17 percent, but better than nil, which they had been receiving.
rudaw
Holding the largest exhibition of Egyptian products and industries in Baghdad
Editorial Date: 2018/8/30 11:42 • 116 times read
(Baghdad: Al Furat News) The General Company for Trade and Trade Services of Iraq in the Ministry of Commerce announced that the Baghdad International Fair will host the first session of the exhibition of Egyptian products and industries for the period from 31 August to 10 September 2018.
"The exhibition will be held under the patronage of the Prime Minister of Egypt, the ministers of tourism and catering, internal trade and industry, the Ministry of Public Works Sector, the Egyptian Embassy in Baghdad, the Commercial Representation Office in Baghdad, the Iraqi Embassy in Cairo and the attaché," the ministry said. Commercial in the Iraqi Embassy in Cairo and in cooperation with the Egyptian General Authority for Exhibitions and Conferences ".
He added that the exhibition will include the participation of several Egyptian companies specialized in various fields, including Oriental Weavers, Nile Oils and Detergents Company, Alexandria Oil and Soap Company, North Cairo Mills and Bakeries, Egyptian Publishers Union, Holding Company for Food Industries, Green Palace Furniture, Extracted Oils and Products and Rufina.
"The exhibition will include a special pavilion for books, audio, software and visuals, as well as the establishment of artistic performances of the Reda folklore band and there will be direct sale to the public throughout the duration of the exhibition."
He explained that "The company supports the establishment of specialized exhibitions through the provision of all facilities as well as set up for them in order to make it a success. The establishment of such exhibitions is of great importance in building strong relations with different countries in addition to being an opportunity for traders and businessmen to learn and know the requirements and desires of the Iraqi market And the Iraqi investment law.
Hatem said that "the Iraqi Exhibitions Company had signed a contract earlier this year with the Director General of the Egyptian News Today to establish and organize the exhibition of Egyptian products and industries on the ground of the Baghdad International Fair for a period of five years renewable by agreement of the parties."
He added that the exhibition will include the participation of several Egyptian companies specialized in various fields, including Oriental Weavers, Nile Oils and Detergents Company, Alexandria Oil and Soap Company, North Cairo Mills and Bakeries, Egyptian Publishers Union, Holding Company for Food Industries, Green Palace Furniture, Extracted Oils and Products and Rufina.
"The exhibition will include a special pavilion for books, audio, software and visuals, as well as the establishment of artistic performances of the Reda folklore band and there will be direct sale to the public throughout the duration of the exhibition."
He explained that "The company supports the establishment of specialized exhibitions through the provision of all facilities as well as set up for them in order to make it a success. The establishment of such exhibitions is of great importance in building strong relations with different countries in addition to being an opportunity for traders and businessmen to learn and know the requirements and desires of the Iraqi market And the Iraqi investment law.
Hatem said that "the Iraqi Exhibitions Company had signed a contract earlier this year with the Director General of the Egyptian News Today to establish and organize the exhibition of Egyptian products and industries on the ground of the Baghdad International Fair for a period of five years renewable by agreement of the parties."
Al-Sadr alliance: the previous governments have shortened with the Kurds .. We will not compromise on the unity of Iraq
2018/08/29 23:38
Baghdad today _ Baghdad
The alliance of Saron, supported by the leader of the Sadrist movement Moqtada al-Sadr, support for the legitimate demands of the Kurds in accordance with the law and the Constitution, pledging not to compromise on the unity of Iraq.
"Negotiations with all political parties on the prime minister are not done on the basis of quotas, but are in accordance with the political and government program for the next stage," said the leader of the alliance, Ayman al-Shammari, in an exclusive interview with Baghdad today.
Al-Shammari added that "the four-party delegation that visited the Kurdistan region is part of the decisions of the conference which was held a few days ago at the Babylon Hotel, which states that all the parties allied with others seek to negotiate with the other blocs to win the national project and strengthen the largest parliamentary bloc to be strong "Noting that" dialogues continue to increase the number of seats in the largest bloc on the approach of technocrats. "
He continued, "The Kurds in all previous governments have had the conditions and demands of some of them are achieved and others have not been achieved for violating the Constitution," pointing out that "they believe that the Kurdistan region has legitimate demands in light of the failure of previous governments."
He stressed the leadership of the alliance of Sadr, that "going with the Kurds in the constitutional and legal demands, and will not agree with the Kurds at the expense of other components will not compromise on the unity of Iraq."
The Prime Minister Haider Abadi, has confirmed on Monday, August 27, 2018, the lack of any bargaining with the Kurds on Kirkuk in return for joining the alliance to form the fourth largest bloc.
"There is no discussion of the issue of Kirkuk with the Kurds in return for joining the four-party alliance to form the largest bloc," Abadi said in a response to a question during a meeting with the deputies of the list of the victory coalition and a group of political analysts.
Abadi stressed that "he told Barzani that it is not possible to open a discussion on the file of Kirkuk," noting that "Alliances must be conducted between the political parties as partners without making concessions."
The political parties have accused, earlier, political parties to prepare for a deal with the Kurds to allow the Peshmerga to return to Kirkuk and restore conditions before the imposition of security, in return for the Kurds to join the largest bloc, which seeks to achieve two axes, one includes a coalition of state law and coalition Al-Fath, and the second includes both (Suron - victory - wisdom - national).
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, Sunday (19 August 2018), its ratification of the final results of the elections of the House of Representatives, From the Independent High Electoral Commission, and the call of President Fuad Masum new parliament to convene on the third of September.
Barzani's party reveals the truth of the American "pressure" on the biggest bloc
2018/08/30 00:01
Baghdad today - Arbil
The Kurdistan Democratic Party, headed by Massoud Barzani, to talk about the "intervention" US President Brett McGork in the ongoing movement between the political forces to form the largest bloc, and pressure on the Kurds towards the alliance with a certain axis.
"The meetings and dialogues conducted by the president's envoy, Brett McGurk, do not mean interference or a certain will at all," said the winner of the Kurdistan Democratic Party (KDP), Aram Naji.
Naji added that "the Kurds have close relations with Washington, and no one denies the American political role in Iraq and the obligations they have and they put their point of view the need to build a strong partnership government able to satisfy all components."
Naji said that "the American desire towards a particular person or a political bloc does not mean at all to impose its will on the Kurdish forces, especially as we meet the two axes who are competing for the formation of the largest bloc," noting that "the Kurds will join with any party fulfills their demands and conditions, "He said.
He denied Naji, "the presence of any US pressure on the Kurdish forces and the Democratic Party to accept the alliance with a certain political party, but are discussions and dialogues related to the acceleration of the formation of the government."
The new Al-Arabi newspaper said in a report on Saturday (August 18, 2018) that there is a race between the two axes, the first led by Qassim Soleimani, commander of the Iranian Quds Force and the second Brett McGurk, US envoy to Iraq to hasten the announcement of the largest bloc and the direction likely to swing on one axis over another.
He met with a number of Kurdish and Sunni political figures and discussed with them the efforts to form the largest parliamentary bloc and the new government.
Interior Minister arrives in Najaf
2018/08/30 00:27 119 Editor:
Baghdad today - Baghdad
Interior Minister Qassem al-Araji arrived in Najaf on Wednesday night.
"Interior Minister Qassim al-Araji arrived in the province of Najaf to inspect the progress of the security plan for Eid al-Ghadeer in the province," the information office of the Araji said in a brief statement received by Baghdad today.
And "Eid al-Ghadir", which symbolizes according to the Shiite Muslims to the day when the Prophet Muhammad sermon in the area "Ghadir Khm" near Mecca, and recommended that the successor to the successor to Imam Ali bin Abi Talib, following the farewell argument in the ninth year of migration, which The Shiites call it Eid al-Ghadir and celebrate it every year, as they visit the shrine of Imam Ali bin Abi Talib in Najaf.
Special activities of the Iraqi Public Relations Association in Cairo
Thursday 30 August 2018
Independent) .. The Iraqi Public Relations Association (Ibra) has distinguished activities in the field of strengthening relations with the academic societies and institutions in the Arab Republic of Egypt.
In this context, the delegation of the Iraqi Public Relations Association (IPRA IQ) met with Dr. Suzanne Al-Kulini, Dean of the Faculty of Arts / Ain Shams University, Member of the Higher Council for Media Regulation, Member of the National Council for Women of the Arab Republic of Egypt, on Wednesday 29/8/2018.
"This meeting discussed ways of cooperation between the college and the society through activating the role of young academic researchers and activating their role in the field of scientific and cultural exchange between the two sides," said Dr. Mohammed Jabbar Al-Kreisi, president of the association.
Kauaihn Iraq Articles:dd
Barzani and US Secretary of State are discussing the formation of the government as soon as possible
Release date: 2018/8/30 8:39 • 99 times scheduled
(Baghdad: al-Furat News) The head of the Kurdistan Democratic Party, Massoud Barzani, on Wednesday, by telephone with US Secretary of State, Mike Pompeo, the Iraqi political situation and efforts to form a new Iraqi government next.
The official website of the Kurdistan Democratic Party yesterday that Barzani received a telephone call from Pompeo, where the two sides touched on the political developments and necessary agreements between the parties to form the next Iraqi government.
He pointed out that the contact focused on how to form a new Iraqi government as soon as possible, and emphasize the relations between the parties.
Barzani had rejected earlier on Wednesday, a request from the envoy of US President, Brett McGork, to join the Kurds towards a Shiite camp ends with the formation of the next Iraqi government, according to a story transmitted by the media arm of Barzani party.
"The US envoy Brett McGurk has asked Barzani in a meeting gathering Monday in Erbil, the Kurds to join the alliance of the nucleus of the largest bloc and not to go towards the Fatah alliance and the coalition of the rule of law."
The means said that, "Barzani seemed annoyed by the way Trump's envoy, and told him" do not talk to me this way. "
"Barzani also told Trump envoy that" the Kurds, especially the Kurdistan Democratic Party, has no red lines on a person or a party, and they will ally with those who meet their demands and guarantee the rights of the people of Kurdistan.
Deputy law: America is pushing for an emergency government for two years
Date of release: 2018/8/30 9:53 • 186 times read
(Baghdad: Al-Furat News) A deputy for a coalition of state law, that America is pushing for the formation of an emergency government in Iraq for two years. "
"The state of law and the alliance of conquest, the formation of the largest bloc and the will of the Iraqi pure without any impact of external interventions from some countries, as America does and pressure on some blocks in this direction," said Mansour al-Baiji in a statement received by the agency {Euphrates News} a copy of it. He said.
He explained that "the rule of law and Fatah and a large part of the victory coalition in addition to the alliance of the axis and the Kurdish parties have been resolved this matter with them and now the stage of collecting names and signatures for the announcement of the largest bloc in the coming hours."
Al-Baiji pointed out that "America after the confirmation of the resolution of the largest bloc began to push for an emergency government for two years after I realized that the project will not succeed in Iraq and the government will be formed by a purely Iraqi decision without any external influence will not succeed in Iraq." As he says.
He added that "the conspiracy led by the United States is very serious aimed at destroying the country for that after the resolution of the largest bloc, which will be announced soon," stressing that "we do not object to anyone who believes in the project of the majority of political doors open and those who reject this project will go to the opposition within the House of Representatives and work The government if it has not done its duty so we hope everyone to attend the opening session early next week to complete the procedures to form the next government in accordance with constitutional contexts. " d
Iraq sends delegation to US to seek deal on transactions with Iran
Iraq, August 30, 2018
Iraqi Prime Minister Haider al-Abadi said Baghdad would send a delegation to the United States seeking an agreement on financial transactions with Iran after Washington reimposed sanctions on Tehran.
Abadi said in a press conference on Tuesday (August 28) that Iraq had requests for the American side and a delegation would visit Washington to negotiate within that framework.
“We have presented a clear vision of what Iraq really needs. This includes Iranian [natural] gas, which is very important, as well as other trade and the electricity sector,” Abadi added.
“We have had good promises initially but as you know the American situation is complicated; you do not deal with one person, there are several institutions.”
Abadi called the sanctions “unilateral” and “oppressive”, saying that Iraq would not be “part of a blockade due to its own painful experience with international sanctions during the era of Saddam Hussein.”
Government and central bank officials told Reuters last week that Iraq was going to ask Washington for permission to ignore some US sanctions on Iran.
Iraqi officials fear shortages of key items if Baghdad complies with all the sanctions.
Iraq imports a wide range of goods from Iran including food, agricultural products, home appliances, air conditions and spare car parts. The goods element of Iranian imports to Iraq was about $6 billion for the 12 months ending March 2018, about 15 percent of Iraq’s total imports for 2017.
There are also energy contracts between the two countries contributing to a volume of trade of $12 billion last year.
US President Donald Trump withdrew the United States from 2015 Iran nuclear deal, and reimposed trade sanctions on Tehran. The United States said there would be consequences for countries that do not respect the sanctions.
Netherlands Substantially Increases Support to Iraq
Iraq, August 30, 2018
The Netherlands has contributed an additional USD 23.2 million (EUR 20 million) to UNDP’s Funding Facility for Stabilization (FFS), which finances fast-track initiatives to stabilize areas liberated from the Islamic State of Iraq and the Levant (ISIL). This brings the Netherlands’ total contribution to USD 65.4 million (EUR 57 million).
Marta Ruedas, Deputy Special Representative of the UN Secretary-General for Iraq, said:
“The impact of stabilization activities is clearly visible across the country. Schools are reopening, clean water is flowing and bridges are reconnecting communities.
“Almost 70 percent of the 5.9 million people who fled during the conflict have returned home. The scale of work still left to do cannot be underestimated, however, which is why this generous contribution from The Netherlands comes at exactly the right time.”
Sigrid Kaag, Dutch Minister for Foreign Trade and Development Cooperation, said:
“It is of the utmost importance to restore stability here and in other places destroyed by ISIS … Giving people the prospect of a brighter future is essential because their property and livelihoods lie in ruins. This includes re-establishing water and electricity supplies, schools and other basic services.”
The Minister recently visited the Old City of Mosul to assess the impact of stabilization activities in the region.
At the request of the Government of Iraq, UNDP established the Funding Facility for Stabilization (FFS) in June 2015 to facilitate the return of displaced Iraqis, lay the groundwork for reconstruction and recovery, and safeguard against the resurgence of violence and extremism.
The Facility currently has over 2,400 projects underway in 31 liberated cities and districts, helping local authorities to quickly rehabilitate essential infrastructure. Almost 1,200 projects have now been completed, with some 95 percent of projects carried out by the local private sector employing local labour. In Mosul alone, FFS is implementing over 750 projects. With over 300 projects now completed across the city, residents have improved access to healthcare, education, electricity, and clean running water.
Since the start of the most recent conflict in 2014, almost 70% of the 5.8 million displaced Iraqis have returned to their homes. The impact of FFS has been significant in supporting people upon their return home. FFS has 26 donors that have committed over USD 800 million to stabilization efforts in Iraq.
iraq-businessnews
The political crisis is worsening in Iraq and Sadr is waving "millions of fury"
Thursday - 30 August 2018
Moqtada al-Sadr (Reuters)
Baghdad: Hamza Mustafa
Yesterday, yesterday, that the political crisis in Iraq is going to further exacerbate, in light of the failure of the winning blocs in the elections to resolve the «big bloc», which leads the new government.
At a time when President Fuad Masoum decided on Monday to hold the first session of the parliament, the leader of the Sadrist movement, Moqtada al-Sadr, called for an "angry peaceful pause" to build a "new Iraq."
At the same time, dozens of Iraqis demonstrated in front of the entrance to the Green Zone in Baghdad against what they called American movements for the survival of Prime Minister Haider Abadi for a second term.
Al-Sadr said in a statement yesterday: "Come and say your word with all peace and peace. Give a million-dollar prayer to the corrupt ones. He pointed out that «Iraq is in dire need of an angry peaceful stance, which is the first signs of building a new Iraq, away from all corrupt and unjust and every aggressor and occupier of Aim». In parallel with this call, in which Sadr's opponents saw a "hidden call" for the possibility of going down the street unless the government is formed according to his vision, a political source told Asharq Al-Awsat that "the slogans in his statement (the Sadr) To the United States, which currently supports Abadi's second term, which necessarily means supporting the axis of the nucleus of the largest bloc, which consists of the victory led by Abadi, and (Sadr) supported by Sadr, in addition to (wisdom) and (national) ». (Details p. 5
The National Axis hails US efforts to form a government without marginalizing or marginalizing any party
Date of release: 2018/8/29 22:20 • 127 times read
(Baghdad: Al-Furat News) praised the alliance of national axis, on Wednesday, US efforts to form a government without any marginalization or exclusion.
The Alliance said in a statement received by the {Euphrates News} copy of it today, that "the Axis alliance discussed with the envoy of US President Brett McGurk efforts to form the largest bloc and priorities of the new government."
He added that "the meeting discussed the political developments at the local and regional levels, where the National Alliance reviewed the efforts of the political blocs and their understandings on the file of the formation of the parliamentary bloc the most numerous," the priority of the new government program, and efforts to reach a unified vision on the concerns of the government program, New ones capable of meeting the needs of the Iraqi people. "
He praised the National Axis Alliance, according to the statement, "the attention of the US administration in promoting the democratic process in Iraq and bring the views of the political blocs winning the elections and support their efforts to reach an agreement to accelerate the formation of a government of all partners without exclusion or marginalization of any of the political parties, The security, political and economic challenges faced by Iraq, which require consensus "in visions and integration" in the performance and responsibility of solidarity among all, and contribute to support the project of state-building.
He stressed that "our priorities in the next phase requires us to ensure the benefits of our audience and rapprochement with partners able to commit to implementation and written guarantees and timetables set, which is our criterion of convergence or join the next phase." d
He added that "the meeting discussed the political developments at the local and regional levels, where the National Alliance reviewed the efforts of the political blocs and their understandings on the file of the formation of the parliamentary bloc the most numerous," the priority of the new government program, and efforts to reach a unified vision on the concerns of the government program, New ones capable of meeting the needs of the Iraqi people. "
He praised the National Axis Alliance, according to the statement, "the attention of the US administration in promoting the democratic process in Iraq and bring the views of the political blocs winning the elections and support their efforts to reach an agreement to accelerate the formation of a government of all partners without exclusion or marginalization of any of the political parties, The security, political and economic challenges faced by Iraq, which require consensus "in visions and integration" in the performance and responsibility of solidarity among all, and contribute to support the project of state-building.
He stressed that "our priorities in the next phase requires us to ensure the benefits of our audience and rapprochement with partners able to commit to implementation and written guarantees and timetables set, which is our criterion of convergence or join the next phase." d
Baghdad asks for "official" exemption from Iran sanctions
Thursday 30 August 2018
BAGHDAD (Reuters) - Iraqi Prime Minister Haider al-Abadi announced his government's intention to send a delegation to the United States "for an understanding on financial transactions with Iran" after Washington withdrew from the nuclear deal and re-imposed sanctions on Tehran.
"We have formed a finance committee headed by the central bank to consider dealing with US sanctions against Iran, and we have a set of demands from the American side," Abbadi said. "We have offered them and the delegation will go to negotiate in this regard."
"We have provided a clear vision of the things that Iraq really needs, including Iranian gas. It is important to us. There are ongoing commercial transactions from the past that must continue, and we will also deal with other matters, including electricity."
"There have been good promises from the beginning, but the American situation is complex, not a one-sided situation. There are several institutions and organizations in America, there are administrations, constitutional institutions, banks and other money laundering," he said.
Abadi said US sanctions on Iran were "unfair and unilaterally", adding that Iraq would not be "part of the blockade because of its painful experience with international sanctions during Saddam Hussein's era."
"We have formed a finance committee headed by the central bank to consider dealing with US sanctions against Iran, and we have a set of demands from the American side," Abbadi said. "We have offered them and the delegation will go to negotiate in this regard."
"We have provided a clear vision of the things that Iraq really needs, including Iranian gas. It is important to us. There are ongoing commercial transactions from the past that must continue, and we will also deal with other matters, including electricity."
"There have been good promises from the beginning, but the American situation is complex, not a one-sided situation. There are several institutions and organizations in America, there are administrations, constitutional institutions, banks and other money laundering," he said.
Abadi said US sanctions on Iran were "unfair and unilaterally", adding that Iraq would not be "part of the blockade because of its painful experience with international sanctions during Saddam Hussein's era."
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Today in History
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OIL/COMMODITIES/ENERGY
Gold Prices Edge Lower While Dollar Also Slips as China-U.S. Tensions Weigh
Gold climbs as dollar dips after US-Mexico trade deal
Gold edged higher on Tuesday, helped by weakness in the dollar after a trade deal was struck between the United States and Mexico but analysts said ongoing U.S.-China tensions would continue to weigh.
Gold Slightly Lower as U.S. Redrafts NAFTA
Investing.com
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Crude Oil Prices Settle Lower Ahead of Inventory Data
Investing.com
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US crude slips 34 cents, settling at $68.53, on profit taking
Oil prices gave up the morning's gains on Tuesday, pausing after strong gains last week.
Read more: https://www.cnbc.com/2018/08/
Oil dips on profit taking, but trade deal limits decline
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Metals Prices Mixed as Copper Hits 2-Week High, Gold Edges Lower
Investing.com
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Copper prices hit two-week highs on Tuesday. Read the full story
BANKS/BANKING/CREDIT
Deutsche Bank CEO says Europe needs 'strong banks' amid merger speculation with Commerzbank
CNBC
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Turkey faces $179 billion external debt repayments until July 2019, JPMorgan says
U.S. banking regulator kicks off low-income lending rules rewrite
Reuters
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This app wants to make your credit cards cheaper so you can pay off debt faster
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Automate Your Credit Card Payments Already
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TREASURIES/BONDS/STOCKS
Top 5 Things to Know in The Market on Wednesday
Investing.com
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US Treasury yields fall ahead of GDP data
CNBC
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The top bond strategist at $6.3 trillion Blackrock says markets are too focused on the US yield curve and could miss the main game
Business Insider
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Forget the yield curve — there's a different flattening trend in the market that should make investors nervous
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A trader reacts as he watches screens on the floor of the New York Stock Exchange in New York Reuters/Brendan McDermid The flattening Treasury yield curve is getting a lot of attention as a potential recession indicator. But there's another flattening that is arguably of greater importance. The narrowing return gap between low- and high-risk assets suggests a more cautious approach to fixed income investing is warranted. The only thing more persistent than the flattening yield curve between Read the full story
At a new record high, the stock market has reached its 'now what' moment
And after seven months of retrenchment, repair and recovery, the broad stock indexes have notched a hard-won breakout to a record high.
If market reporters were ‘totally honest,’ their stories would look more like this
MarketWatch
Wall Street Journal columnist Jason Zweig calls it a “blast of brilliance” and says if he had to name any bit of financial journalism he wishes he’d written — and he has written A LOT over his long career — this would be the one. Read the full story
Here are 60 events that could rattle markets in the months ahead: Nomura
MarketWatch
No less than 60 major global events could serve to rattle investors over the next several months and into 2019, according to this jam-packed chart from Nomura. Read the full story
CRYPTO'S / DIGITAL CURRENCY
Bitcoin Gains as Morgan Creek Launches Cryptocurrency Fund
https://www.investing.com/
https://www.investing.com/
Morgan Creek rolls out cryptocurrency fund as bitcoin hovers around $7,000
Despite the tumultuous year for bitcoin, Morgan Creek's Mark Yusko told CNBC that endowments, pension funds and family offices are increasingly looking for ways to invest in this area.
CURRENCIES
Forex - Dollar Slips as Concerns Over China-U.S. Trade War Linger
Forex - Dollar Pushes Higher But Trade Uncertainty Checks Gains
Investing.com
Investing.com
© Reuters. Dollar pushes higher but trade uncertainty checks gains Read the full story
US dollar hits four-week low as risk appetite returns
The weakness in the buck was the result of relief risk-on flows after the U.S. completed a trade deal with Mexico, indicating that the Trump administration will be willing to negotiate with Canada and Europe as well," said Boris Schlossberg, managing director of Foreign Exchange strategy at BK Asset Management in New York.
Pound Slips as May Comments Fuel Concerns About No-Deal Brexit
Bloomberg
JPMorgan’s Nandini Ramakrishnan expects a soft Brexit and is neutral on U.K. assets. Follow @Brexit on Twitter, join our Facebook group and sign up to our Brexit Bulletin. The pound declined versus the euro for a fifth day after U.K. Prime Minister Theresa May revived the specter of a no-deal Brexit. Sterling was set for its fourth monthly loss against the shared currency as investors grow increasingly concerned by the prospect of Britain leaving the European Union without a pact on their future Read the full story
Falling lira hits Syrian enclave backed by Turkey
Business Insider
Turkish Lira and Dollar banknotes are seen in this picture illustration Thomson Reuters By Khalil Ashawi AZAZ, Syria (Reuters) - In a part of northern Syria that Turkey's army helped rebels capture in 2016, the plunge in value of the Turkish lira has hit shopkeepers, medical charities and fighters paid in the currency hard. Turkey has turned from its military role in the rebel-held strip in Syria, that runs along its border between the towns of Afrin and Jarablus, to a longer-term one of Read the full story
Turkey's lira falls again, but Albayrak sees no risk to economy
Angola: Euro costs 318.06 kwanzas
FurtherAfrica
FurtherAfrica
The national currency Kwanza suffered the third depreciation in August against the Euro last Friday after the auctions of days 13 and 20, made by the National Reserve Bank of Angola (BNA). Read the full story
The South African rand whips around after ruling party withdraws expropriation bill
Business Insider
The South African rand rose 1% before erasing gains Tuesday. The African National Congress ruled to withdraw a land-reform bill passed in 2016. Watch the South African rand trade in real time here. The South African rand seesawed Tuesday after the country's ruling party withdrew a land-reform policy passed by parliament in 2016 amid a constitutional review. The rand erased gains of as much as 1% - to below 14 per US dollar - after the parliament's portfolio committee on public works ruled to Read the full story
Ruble down on risk aversion, Putin's pension address in focus
INSURANCE / HEALTH / SCIENCE
Ketamine, A Promising Depression Treatment, Seems To Act Like An Opioid
NPR
NPR
A Stanford research team finds that ketamine's ability to quickly relieve depression depends on activating the brain's opioid system. The finding raises new questions about the drug's safety. Read the full story
Epstein-Barr virus: What is the disease forcing Mark Cavendish to halt his cycling career?
The Independent
Cyclist Mark Cavendish has announced he is to take an indefinite break from the sport after being diagnosed with the Epstein-Barr virus (EBV). Read the full story
Tiny Tunnels Previously Unknown to Scientists Found Between the Skull and Brain
Gizmodo
It’s not every day that scientists find a completely new aspect of human anatomy, but a study published this week in Nature Neuroscience is providing exactly that, describing a previously unknown network of tunnels located between the skull and the brain. Read the full story
New cancer treatment uses enzymes to boost immune system and fight back
SCIENMAG
Credit: Norah Ashoura Graduate student Molecular Biology College of Natural Sciences, UT. AUSTIN, Texas -- Researchers at The University of Texas at Austin have developed a new approach to treating .. Read the full story
USA/CANADA
Iraq sending team to U.S. to seek deal on transactions with Iran
Reuters
Iraq will send a delegation to the United States seeking an agreement on financial transactions with Iran following Washington's reimposition of sanctions on Tehran, Prime Minister Haider al-Abadi said on Tuesday. Read the full story
War of words between US-Russia as Syria attack looms
Aljazeera
Russia has deployed a dozen warships to the Mediterranean Sea in what a Russian newspaper on Tuesday called Moscow's largest naval buildup since it entered the Syrian conflict in 2015. The reinforcement comes as Russia's ally, Syrian President Bashar al-Assad, is believed to be considering a major assault on the last rebel-held enclave in northern Idlib province. Russia has accused the United States of building up its own forces in the Middle East in preparation for a possible strike on Syrian Read the full story
Mnuchin now praises China for supporting its currency, saying that is not manipulation
Last month, Mnuchin told CNBC he was "closely monitoring" the Chinese currency, the yuan.
Saudi Arabia Tells Medical Students They Can Stay in Canada, At Least For Now
Newsweek
The students were originally told to leave Canada by August 31, but the deadline was pushed back to September 22. Read the full story
US rejects UN court jurisdiction over Iran sanctions case
Aljazeera
The United States told the UN's top court it has no jurisdiction to rule on Iran's demand for the suspension of nuclear-related sanctions recently reimposed on the country. The International Court of Justice (ICJ) in The Hague "lacks prima facie jurisdiction to hear Iran's claims", US State Department lawyer Jennifer Newstead argued on Tuesday. During the first hearing of the case on Monday, Iran argued that US President Donald Trump breached a 1955 treaty with his decision to reimpose sanctions Read the full story
Trump reportedly caught the Japanese prime minister off guard during a meeting at the White House by saying 'I remember Pearl Harbor'
Business Insider
President Donald Trump meets with Japanese Prime Minister Shinzo Abe in the Oval Office on June 7, 2018. President Donald Trump reportedly told Japanese prime minister Shinzo Abe "I remember Pearl Harbor" during a meeting at the White House in June, the Washington Post reported on Tuesday. The reported comment is part of an increasingly complicated relationship between the two world leaders. Trump imposed steel and aluminum tariffs on Japan, and Abe hasn't retaliated. President Donald Trump Read the full story
Starter homes haven't cost this much in over a decade
Business Insider
First-time buyers needed 23% of their income to afford an entry-level home in the second quarter - up from 21% a year earlier. Home prices have risen as supply tightens - and rising mortgages aren't helping. In May, the median price of a previously owned homes rose to a record $264,800. The barrier to entry for homeownership is on the rise. Starter homes are at the highest prices since 2008, Bloomberg reported. In the second quarter, first-time buyers needed nearly 23 percent of their income to Read the full story
Trump needs Canada and Congress for a win on NAFTA
POLITICO
If Canada’s not part of the deal, Trump could forfeit his ability to get a straight up-or-down vote in Congress. Read the full story
Kudlow says Trump will force Canada's hand on trade, here's how
Fox News
The president's chief economic adviser warned that if the U.S. and Canada can't negotiate a trade agreement, Trump will impose another round of tariffs. Read the full story
EMERGING MARKETS
Oil slips on rising U.S. supply, Venezuela investment
News Wrap: Puerto Rico doubles previous estimate of Hurricane Maria deaths
PBS NewsHour
PBS NewsHour
In our news wrap Tuesday, Puerto Rican governor Ricardo Rossello doubled the number of deaths attributed to Hurricane Maria in the six months after the storm. It’s now close to 3,000. He also announced a government plan to create a database of vulnerable citizens, hoping to expedite aid in future crises. Also, in Iran, lawmakers largely rejected the president’s plan to revive the lagging economy. Read the full story
An independent study ordered by Puerto Rico's government estimates nearly 3,000 excess deaths linked to Hurricane Maria
ABC News
An independent study ordered by Puerto Rico's government estimates nearly 3,000 excess deaths linked to Hurricane Maria Read the full story
US, Mexico reach new trade agreement
Fox News
The new trade pact will be called "The United States Mexico Trade Agreement." Read the full story
Exclusive: Mexico-U.S. deal includes Mexican auto export cap - sources
Reuters
A proposed U.S.-Mexico trade deal would allow President Donald Trump to impose punitive tariffs of up to 25 percent on imports of Mexican-made cars, sport utility vehicles and auto parts above certain volumes, auto executives and sources said on Tuesday. Read the full story
Trump’s path to a new NAFTA deal runs through Canada, lawmakers say
The Washington Post
Trump may need cooperation from Canadian Prime Minster Justin Trudeau, the leader he insulted in July. Read the full story
MIDDLE EAST
Moody's raises Egypt credit outlook, citing reform progress
ABC News
ABC News
An international credit rating agency has raised Egypt's credit outlook to positive from stable, citing progress in ambitious economic reform plan backed by the International Monetary Fund Read the full story
Iran's leader asks government to work 'day and night' to resolve economic problems: state TV
https://www.investing.com/
In Iran, most women must live as second-class citizens, but some are making strides
USA TODAY
USA TODAY
Millions of Islamic women in Iran grudgingly accept strict rules that dictate how they must live, down to the clothing they can wear in public. Sometimes, the government looks the other way. Read the full story
Exclusive: Iran-based political influence operation: bigger, persistent, global
Business Insider
FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection of Facebook logo in this picture illustration Thomson Reuters By Jack Stubbs and Christopher Bing LONDON/WASHINGTON (Reuters) - An apparent Iranian influence operation targeting internet users worldwide is significantly bigger than previously identified, Reuters has found, encompassing a sprawling network of anonymous websites and social media accounts in 11 different languages. Facebook and other companies said last Read the full story
Pressure builds on Iran's Rouhani as parliament targets two more ministers
Reuters
Iranian lawmakers launched impeachment proceedings against the education minister on Wednesday, ramping up pressure on the president who is under unprecedented attack from parliament over his handling of the economy in the face of new U.S. sanctions. Read the full story
The Saudis don't mind criticism, so long as it's done in private
TRT World
The Saudis don't mind criticism, so long as it's done in private Read the full story
Turkey minister sees 'no economic risk' amid row with US
Aljazeera
Turkey's Finance Minister Berat Albayrak said his government does not see a big risk to the country's economy and financial system, amid a diplomatic fall-out with the United States. Albayrak's comments, published by Hurriyet newspaper on Wednesday, came after credit rating agency Moody's downgraded 20 Turkish financial institutions. "We do not see a big risk about Turkey's economy and financial system," the minister was cited as saying when he was asked about the biggest risk for 2019. He said Read the full story
AFRICA
Trust Me, Mr. President, White South Africans Are Doing Just Fine
POLITICO
POLITICO
White supremacists think farmers here are getting slaughtered. The truth is, life in this country isn’t much different than it was under apartheid. Read the full story
Trump's South Africa tweet is false, counterproductive and dangerous
The Hill
If President Trump wanted to spur a constructive debate on land reform, he failed miserably. Read the full story
South African farmers play chicken with Trump tariffs
Reuters
Herman Pretorius is just the kind of white South African farmer U.S. President Donald Trump expressed concern for when he barged into the country's delicate land reform debate by ordering an investigation into the "large-scale killing of farmers". Read the full story
South Africa: British Prime Minister Welcomes 'Legal' Land Reform
AllAfrica
(Photo: GCIS) The UK supports President Cyril Ramaphosa's approach to land reform and believes it could potentially unlock further investment opportunities in Africa. In her first visit to the continent as UK Prime Minister, Theresa May pledged to become the G7's biggest investor in Africa by 2022, using the UK's development budget to not only relieve poverty, but to create a sustainable investment environment for British businesses. May was addressing guests of the British High Commission in Read the full story\
Botswana: German Visit Brings Hope
AllAfrica
Gaborone The development of a productive human resource capital through effective vocational training could lead to alleviation of unemployment and boost economic prosperity. This was said by President Mokgweetsi Masisi when welcoming Germany's Minister for Economic Cooperation and Development, Dr Gerd Muller on August 27. President Masisi said a country needed hands-on professionals to develop and thus called on Germany to assist Botswana. Vocational centres should have trained workers with Read the full story
Zimbabwe: Veld Fires Threaten Vumba Ecology
AllAfrica
People in Vumba near Mutare have said the area's tourism potential and timber business are facing an uncertain future in the wake of rampant veld fires blamed on suspected poachers trying to trap game. A timber producer and sawmill owner in the area, Mr Munyaradzi Mushakavanhu, told The Herald that veld fires were their biggest challenge for timber producers, while the iconic Vumba mountains were at risk of losing their picturesque features if the fires were not stopped. "Timber business is at a Read the full story
Zimbabwe: Jinping's Special Envoy Meets Mnangagwa
AllAfrica
(Photo: Emmerson Mnangagwa/Facebook) Chinese President Xi Jinping's special envoy Su Hui met with President Emmerson Mnangagwa Sunday, extending Xi's congratulations on the Zimbabwean leader's inauguration. Su, also vice chairperson of the 13th National Committee of the Chinese People's Political Consultative Conference, said the successful holding of the elections reflected the common wish and choice of the Zimbabwean people. She expressed her best wishes for Zimbabwe's greater economic and Read the full story
Zimbabwe: A Future Finely Balanced Between Democracy and Militarisation
AllAfrica
(Photo: allafrica.com) Emmerson Dambudzo Mnangagwa's inauguration as Zimbabwe's second president and commander-in-chief consummated power for the main beneficiary of the November 2017 coup that forced Robert Mugabe's long delayed retirement. Zimbabwean scholar and activist Brian Raftopoulos' remarks during a public meeting at the University of Cape Town five years ago come to mind. As all were wondering what would happen in the weeks before the much-marred2013 Zimbabwean election, Read the full story
Zimbabwe’s new government pushes to strengthen agriculture
FurtherAfrica
The new government in Zimbabwe has unveiled new plans, including a land tenure review plan and agricultural crop subsidies to scale up farm production, that could significantly boost demand for seed, fertilizers, and pesticides. Read the full story
ASIA
Trump's bet on Kim Jong Un is looking increasingly shaky
CNN Politics
CNN Politics
President Donald Trump took a huge risk by holding a summit with North Korean leader Kim Jong Un and hailing it as a stunning history-changing success. Read the full story
The trade war won't cause any 'major' hit to China's economy, Morgan Stanley says
CNBC
The Chinese government will continue implementing measures in order to cushion its economy from the impact of the ongoing trade spat with the U.S., a leading China economist said Wednesday. Read the full story
Asian shares, dollar becalmed awaiting trade news
Business Insider
Business Insider
FILE PHOTO: Men walk past an electronic board showing market indices outside a brokerage in Tokyo Thomson Reuters By Wayne Cole SYDNEY (Reuters) - Asian share markets were left in limbo on Wednesday as optimism over the U.S.-Mexico trade deal was quickly replaced by caution ahead of a looming deadline on tariffs with China. A flat finish on Wall Street and a dearth of major economic data across the region pointed to a quiet session ahead. MSCI's broadest index of Asia-Pacific shares outside Read the full story
EUROPE
Conservative MPs believe Brexiteer entryists are taking over the party in a plot to overthrow Theresa May
Business Insider
Business Insider
Pro-EU Conservative MPs have reported a wave of new Brexiteer members joining the party. They believe they are being deliberately targeted by UKIP activists in an attempt to overthrow both them and Theresa May. Brexit funder Arron Banks has called for UKIP members to flood the Conservative party. May suggests she would fight any any attempt to force her out in order to install Boris Johnson as prime minister. LONDON - Pro-EU Conservative MPs believe the party is being deliberately infiltrated by Read the full story
U.K. Stores Break Five Years of Deflation in Summer Heat Wave
Bloomberg
U.K. shop prices rose for the first time in over five years as the summer heat helped pushed up food costs. Prices in stores edged up annual 0.1 percent in August, breaking the 63-month deflation cycle, Nielsen and the British Retail Consortium said in a report on Wednesday. Prices for non-food items kept declining, but at a slower pace. The sunshine drove Britons to stock up on fans, swimming gear and sunscreen. That allowed retailers to skip the most lavish discounts. Still, the warm weather Read the full story
U.K. stocks falter; ‘fundamental value’ seen in utilities
MarketWatch
The FTSE 100 softened as Brexit risk came into focus once again. Read the full story
Prime Minister Theresa May Pledges $5.1 Billion In Investment In Africa
NPR
The move, aimed at strengthening global partnerships post-Brexit, will mark a fundamental shift in focus from short-term poverty reduction to long-term economic growth. Read the full story
Germany considering emergency assistance to Turkey in wake of US sanctions: report
The Hill
Germany is considering offering Turkey emergency aid funds as U.S. sanctions continue to wreak havoc on the Turkish economy. Read the full story
How Britons would vote in second EU referendum 'not the issue', May says
Sky News
Theresa May has repeatedly refused to say whether she would back Brexit now, claiming how people would vote in a referendum on the final deal is "not the issue". Read the full story
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Thursday 8/30/18 did update on the indicative rates Sell Rate 1190
The currency auction is 174,746,715
There is one news and announcements.
1. Main functions of the Department of Financial Operations and Debt Management
Functions of the Department of Financial Operations and Debt Management The Department of Financial Operations.
August 30, 2018
Functions of the Department of Financial Operations and Debt Management The Department of Financial Operations.
August 30, 2018
Functions of the Department of Financial Operations and Debt Management
The Department of Financial Operations and Debt Management implements the monetary policy of the Central Bank of Iraq through the use of the three quantitative instruments of monetary policy through the departments of the Department (open market, sale and purchase of foreign currency, legal reserve and lending), analysis and evaluation of the creditworthiness of banks and provision of credit facilities to troubled banks The Central Bank of Banks and the last resort for lending) on three tranches: primary credit, secondary credit, and the loan of last resort. A number of tasks were added, in particular, SME financing And the investment of bank deposits in dinars for short periods in order to manage the liquidity of the banking sector in addition to managing the public debt of the Ministry of Finance.
The Department of Financial Operations and Debt Management implements the monetary policy of the Central Bank of Iraq through the use of the three quantitative instruments of monetary policy through the departments of the Department (open market, sale and purchase of foreign currency, legal reserve and lending), analysis and evaluation of the creditworthiness of banks and provision of credit facilities to troubled banks The Central Bank of Banks and the last resort for lending) on three tranches: primary credit, secondary credit, and the loan of last resort. A number of tasks were added, in particular, SME financing And the investment of bank deposits in dinars for short periods in order to manage the liquidity of the banking sector in addition to managing the public debt of the Ministry of Finance.
Value Traded
9,108,681,036
Shares Traded
28,519,522,482
ISX ended in Green
Kauaihn Chatter:dd
http://www.dinarguru.com/
8-30-2018 Newshound Guru chattels The CBI announces everyday the Market rate on its site, its called the ”Dollars Exchange Rate in Baghdad Markets “ and it shows perfect compliance since June. ...the CBI according to this report met 2% compliance on March 14 2018 and and has been able to maintain it to date. So good news. Many of us we unaware of the posting at the CBI and have been watching news reports.
[Side Note: The latest CBI reported market rate can always be found on the left side of this page...the last CBI update shows the market rate of 1206 as of 8-29-2018...this is within the 2% rule.]
[Side Note: The latest CBI reported market rate can always be found on the left side of this page...the last CBI update shows the market rate of 1206 as of 8-29-2018...this is within the 2% rule.]
8-29-2018 Newshound Guru Kaperoni [ I apparently missed something. I thought they had fallen out of compliance this week!] No, there were reports from the media about the spread rising but the auctions had not occurred since last week due to the holiday. That rising spread certainly is a concern. Once the auction started again it appears they are still within compliance based on media reports. But then again none of this is official. The Market Rate spread in Iraq has going down a little bit today so good news after 3 days of currency auctions. Sell 1206 to $1 and buy 1200 to $1. The requirements the IMF puts on Iraq to meet Article VIII compliance can be confusing ...
[Side Note: The latest CBI reported market rate can always be found on the left side of this page...the last CBI update shows the market rate of 1206 as of 8-29-2018...this is within the 2% rule.]
[Side Note: The latest CBI reported market rate can always be found on the left side of this page...the last CBI update shows the market rate of 1206 as of 8-29-2018...this is within the 2% rule.]
8-29-2018 Intel Guru Bruce …I know everyone out there is sort of tired of this ride. Let’s be honest. We all are…Everybody is ready for this to go. We have been ready. However, this is a process and we know there are a lot of moving parts. Sometimes parts come in that we haven’t considered, we weren’t aware that was something that needed to be done, one more thing, that kind of thing. This has been something that has evolved and moved and it is not easy to track and get all the puzzle pieces. You wonder at times who is really in control of this…We are getting closer and closer to figure out what this process is of release…
8-29-2018 Newshound Guru MilitiaMan ...Keep in mind when Iraq re-instates her currency, it may have a very huge impact on the economies of other countries that may be under duress from various and obvious reasons with their respective currencies. The fall out may be very substantial...and in fact it is a kind gesture to be so considerate at this juncture to almost tip his hand on what is effectively going to happen. If there were not a need to mention currencies, why do so? HE wouldn't, he would as there is in all likelyhood a change to come and soon, that is why.. Imo. [post 2 of 2]
8-29-2018 Newshound Guru MilitiaMan Article: "Summary of the weekly conference of Prime Minister Haider Abadi" So we see Abadi refer to what was required by Al Sistani since 2014 and those goals are and have been achieved. That is not coming from a defeated Prime Minister's point of view. It is coming from the new and welcomed Prime Minister for a Second term, as I see it. It goes on to make a very substantial point to the his people, regional interests and the world. He is making it known that he has the citizens in mind with respect to abiding by sanctions on Iran while at the same time maintaining a respectful stance towards neighboring countries and their currencies. [post 1 of 2....stay tuned]
8-29-2018 Newshound Guru Breitling …Iraq is in a good position. Even with their currency at a tenth of a penny. There is no bad situation here. It simply does not exist. The currency is strong even at a tenth of a penny. They are using it for a purpose at that rate. There is a reason the CBI, the Ministry of Planning, the Ministry of Finance and parliament went to the IMF and said, "Hey, we want to start raising the rate, what do we need to do? What positions do we need to be in?' And they kind of gave them a charter in order to do that. It’s very simple. They haven’t gone off the reservation on that at all... Since I’ve gotten involved in this investment or this opportunity, it has not changed at all…it’s a timing issue and it’s related to the markets…
8-29-2018 Newshound Guru MilitiaMan ...Keep in mind when Iraq re-instates her currency, it may have a very huge impact on the economies of other countries that may be under duress from various and obvious reasons with their respective currencies. The fall out may be very substantial...and in fact it is a kind gesture to be so considerate at this juncture to almost tip his hand on what is effectively going to happen. If there were not a need to mention currencies, why do so? HE wouldn't, he would as there is in all likelyhood a change to come and soon, that is why.. Imo. [post 2 of 2]
8-29-2018 Newshound Guru MilitiaMan Article: "Summary of the weekly conference of Prime Minister Haider Abadi" So we see Abadi refer to what was required by Al Sistani since 2014 and those goals are and have been achieved. That is not coming from a defeated Prime Minister's point of view. It is coming from the new and welcomed Prime Minister for a Second term, as I see it. It goes on to make a very substantial point to the his people, regional interests and the world. He is making it known that he has the citizens in mind with respect to abiding by sanctions on Iran while at the same time maintaining a respectful stance towards neighboring countries and their currencies. [post 1 of 2....stay tuned]
8-29-2018 Newshound Guru Breitling …Iraq is in a good position. Even with their currency at a tenth of a penny. There is no bad situation here. It simply does not exist. The currency is strong even at a tenth of a penny. They are using it for a purpose at that rate. There is a reason the CBI, the Ministry of Planning, the Ministry of Finance and parliament went to the IMF and said, "Hey, we want to start raising the rate, what do we need to do? What positions do we need to be in?' And they kind of gave them a charter in order to do that. It’s very simple. They haven’t gone off the reservation on that at all... Since I’ve gotten involved in this investment or this opportunity, it has not changed at all…it’s a timing issue and it’s related to the markets…
8-29-2018 Newshound Guru Kaperoni In typical Iraqi fashion...I believe things are now being delayed due to the lack of formation of the government which has direct impact on currency reform, opening the banking system, inviting foreign investment. We also learn from one of our members who contacted the IMF that the Article IV Consultation has been delayed until the formation of the government. And if what we believe is correct - that nothing will occur until after that consultation it seems like we're just have to wait a few more months. And of course all the while keeping a watchful eye on the CBI currency auctions to make sure that they stay in compliance under the IMF requirements for Article VIII acceptance.
8-29-2018 Newshound/Intel Guru Mnt Goat IS ARTICLE 140 NEEDED PRIOR TO THE RV? The news media from Iraq is now saying 140 has to be done based on news that Kurdistan has negotiated this into the election. What did this Article 140 deal mean? Does it mean that it must be “fully” implemented then prior to the RV? No! ...It did NOT say that full implementation would be accomplished right away, thus maybe not before the reinstatement and RV could happen (but maybe before since no one really knows). It did however say that “full” guarantees had to be given that the referendum on this topic, according to the constitution, would have to be drawn up and presented to parliament. A timeline would also be guaranteed. ...Also, the last part of HCL is on this list of needed laws.
8-29-2018 Newshound/Intel Guru Mnt Goat IS ARTICLE 140 NEEDED PRIOR TO THE RV? The news media from Iraq is now saying 140 has to be done based on news that Kurdistan has negotiated this into the election. What did this Article 140 deal mean? Does it mean that it must be “fully” implemented then prior to the RV? No! ...It did NOT say that full implementation would be accomplished right away, thus maybe not before the reinstatement and RV could happen (but maybe before since no one really knows). It did however say that “full” guarantees had to be given that the referendum on this topic, according to the constitution, would have to be drawn up and presented to parliament. A timeline would also be guaranteed. ...Also, the last part of HCL is on this list of needed laws.
8-29-2018 Intel Guru Frank26 IF I COULD GIVE YOU A TITLE FOR THE MONTH OF AUGUST I WOULD CALL IT..."GAME ON"... GOD ONLY KNOWS WHEN THEY WILL RI...BUT THEY ARE TRYING TO TELL YOU...THAT THEY ARE GOING TO...IMO. ...FROM THE 3RD TO THE 10TH WILL BE LOUD ABOUT...JUSTICE AND...ABOUT THE CURRENCY OF IRAQ...SOMETHING'S HAPPENING...AND YOU KNOW IT...WE HAVE NEVER BEEN ON THIS GROUND BEFORE...INDEED...GAME IS ON....
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
*************
ARTICLE 1 (from PM Abadi's website)
At the time this report was submitted, there were no new articles posted on PM Abadi's website.
*************
ARTICLE 2
Masoum and Kubitsch discuss the latest political developments in the country and the region
BAGHDAD, Aug 30 (KUNA) - President of the Republic Fuad Masoum discussed with the UN Secretary-General Jan Kubic the latest political developments in the country and the region and discussed developments in the formation of the next government.
"The political arena is witnessing intensive activity by the winning blocs to form the largest bloc, which will cost its candidate to form the next government, renewed confidence in the ability of Iraqis to solve all their problems through dialogue and understanding, as well as the role of the international organization in providing the necessary support and advice to develop the process Political and democratic in the country. "
For his part, Jan Kubic reviewed the activities of the International Mission to Assist Iraq (UNAMI), congratulating President Masoum on his call for the first session of the House of Representatives in its fourth session on the third of September next.
The representative of the Secretary-General of the United Nations also stressed the importance of concerted efforts by all Iraqi parties to form a strong, balanced and inclusive government that meets the aspirations of the Iraqi people, stressing the readiness of the United Nations to support Iraq in all areas, especially in terms of bringing the views of all parties closer.
***************
ARTICLE 3-A
Hakim calls on the Iraqi forces to unite positions in the formation of a mass phrase for sectarianism
2018/8/29 21:42
[In Baghdad]
Called the head of the National Alliance Ammar al-Hakim, to unify the positions of the Iraqi national forces to crystallize a vision leading to the formation of a cross-sectarian bloc, "the mass of the national majority."
"We congratulate the Islamic nation on all of the great Eid al-Adha," al-Hakim said on the occasion of Eid al-Ghadeer, in a statement. "This is a great turning point in the history of humanity, And the views of the followers of the true religion centered around a single rabbinic discourse, on which the light of truth will be filled to cover the depths of the world by a divine decree. "
"We hope that the occasion that united the hearts of Muslims is an opportunity to unify the positions of the Iraqi national forces to crystallize a vision that will lead to the formation of a bloc," he said. Transient sectarianism [mass of the national majority]. "
Al-Hakim also said, "It also makes the directives of the supreme religious authority and its vision on the conditions of the next government and the demands of our people a starting point and a road map for forming the government and setting priorities for each year and the Islamic nation in unity, cohesion and the people of our people.
***************
ARTICLE 3-B
Hakim and Jabouri agree to get out of the crisis of forming a government
2018/8/29 21:18
[Ayna-Baghdad]
The leaders of the National Alliance Ammar al-Hakim and the House of Representatives for the third session Salim al-Jubouri on the need to get out of the crisis of forming a government.
"Al-Jubouri discussed during his meeting in his office in Baghdad, Wednesday evening, al-Hakim, the most prominent local developments on the security and political levels," the statement said.
He added, "also reviewed the efforts made by political parties in the file of forming a new government and efforts to achieve a unified vision to ensure an agreement that satisfies everyone and is consistent with the interests of the Iraqi people."
"The two sides agreed on the need to get out of the crisis of forming the government by coordinating efforts that support the building of the state and ensure the consolidation of democracy in the country," the statement said.
"The meeting also stressed the determination of the ranks and hard work that ensures the passage of a stage of urging the stage of construction and provide services that promote the decent living and security of all Iraqis in various components and spectrum.
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ARTICLE 4
Human Rights: On the occasion of the International Day of Missing Persons, we call for the attention of their families and victims of terrorist operations
BAGHDAD, Aug 30 (KUNA) - The International Committee of the Red Cross (ICRC) on Tuesday called on the local and international community to pay attention to the suffering of families of missing persons and victims of terrorist operations and their demands to know the fate of their children. "We appeal to the Iraqi government and the international community to act immediately to help the families of the kidnappers by gangs who support the terrorist and the needy during the military operations in the cities occupied by the terrorist organization," said Thamer al-Shammari, a member of the Board of Commissioners.
On this occasion, we would like to remind the national and international public about the suffering of the families of the missing and their claims to our offices in the governorates, as they insist on revealing the fate of their loved ones because the demand for truth and justice can only support the path of true reconciliation. Since the abduction and loss of their children.
On this occasion, we call on the free national media, local and international human rights NGOs and all the free people in the world to work and intensify their efforts to know the fate of missing persons and to establish truth commissions for the events that the country experienced during the occupation of the Iraqi cities. And under the supervision of the High Commission for Human Rights and the involvement of families of victims of terrorism in addition to support and support of the Martyrs Foundation to enable the Department of mass graves to detect mass graves and carry out DNA analysis to identify the identity of victims and And to review the process of compensation commensurate with the size of the damage and consideration of social conditions, especially with regard to housing and the monthly grant.
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ARTICLE 5
For better health eat vegetables and fruits with red color
BAGHDAD, Aug 28 (Reuters) - Red vegetables and fruits help turn carbohydrates, proteins and fats into energy consumed by the body, and are full of heart-friendly antioxidants such as anthocyanins, lycopene, flavonoids, resveratrol, .
These types of antioxidants have the ability to resist heart disease and prostate cancer, it also reduces the risk of heart attacks and strokes, as well as improve eyesight and reduce high blood pressure and reduce inflammation of the body, according to the site, "Bold Sky," a specialist in health.
There are many red fruits including: red berries - pomegranates - red raspberries - cherries - red oranges - fries - watermelons - red apples - red grapes - exotic red fruits - peach - red pear (European pear).
The reddish vegetables include red pepper, red beans, red red pepper, red onions, red potatoes, beet, red radish, red cabbage, and tomatoes.
Foods with red color are low in sodium and low in calories, and are a rich source of lycopene. Lycopene protects against several types of cancers, including lung cancer, breast, skin, colon and esophagus, as well as containing many vitamins, fiber and minerals.
Care should be taken to include these types of meals on a daily basis, either in raw form or by adding them to other foods, or by eating them as soups or as flavored juice or by adding them to the salad dishes.
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