TNT Update
A few hours earlier.... 
Election results and changes are being broadcast on Iraqi TV.
Election results and changes are being broadcast on Iraqi TV.
Iraq has implemented all 44 recommendations coming from the International Financial Action Organization making them the 4th in line for the best foreign reserve currency.
The manual counting results saw changes in 5 winning candidates, however, the projected outcome remains unchanged.....al-Sadr still first, then al-Ameri second, Abadi third and Maliki fourth.
Now, we wait for the political blocks to ratify the results and move forward with a new government. #wearethepeople
WOTS Thursday 8/9/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,165.8000 | 1,165.8000 | 1,165.8000 | | 20:00 |
| USD/VND | | | 23,284.0000 | 22,908.1000 | 22,908.1000 | | 04:26 |
| USD/CNY | | | 6.8379 | 6.8138 | 6.8348 | | 06:23 |
| USD/KWD | | | 0.3025 | 0.3018 | 0.3025 | | 06:00 |
| GBP/USD | | | 1.2909 | 1.2844 | 1.2877 | | 06:23 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,438.8000 | 14,378.0000 | 14,402.4000 | | 06:23 |
CNBC Link:
CNBC Morning Squawk Link:
No link yet
DC NY Iraq Articles:dd
Iraq stops its financial transfers with Iran and resorts to Gulf energy
Release date: 2018/8/9 12:37 • 586 times read
(Baghdad: Al-Furat News) A government official revealed that Iraq stopped its financial transfers with Iran in implementation of US economic sanctions.
The economic adviser to the Prime Minister appearance of Mohammed Saleh in a press statement that "the Iraqi government began looking for alternative sources of Iranian energy due to economic sanctions imposed by the United States of America on Iran," noting that "these alternatives will reduce the extent of damage caused by economic sanctions on Tehran in the Iraqi market. "
He added that "US sanctions imposed on Iran will be reflected negatively on the volume of commercial activity between Tehran and Baghdad," stressing at the same time, "stop financial transfers between the two countries."
The US Treasury, obliged Iraqi banks to stop dealing with Iranian banks, and threatened to freeze the funds of those banks and banks in the case of dealing with Iran and put it on the black list.
According to Mohammed, "the Iraqi government will go towards the Gulf countries, specifically Saudi Arabia and Kuwait to compensate for its energy needs while relying on the development of the gas industry and electricity locally."
The first package of US sanctions against Iran came into effect on Tuesday, focusing on the financial, commercial and industrial sectors.
The package includes a ban on dollar exchange with the Iranian government, a ban on precious metals, especially gold, and sanctions on institutions and governments that deal with Iranian rials or Iranian government bonds.
The reactions of political parties in Iraq to the sanctions imposed on Iran varied between acceptance, rejection and warning.
"Iraq is against US economic sanctions against Iran, we do not interact or sympathize with them, but we will abide by them because we do not want to endanger the interests of the Iraqis," Prime Minister Haider al-Abadi said.
While Foreign Minister Ibrahim al-Jaafari said that "Iraq rejects the principle of the embargo on any country, which will affect the fundamental basis for peoples of various social strata."
He added that "US sanctions imposed on Iran will be reflected negatively on the volume of commercial activity between Tehran and Baghdad," stressing at the same time, "stop financial transfers between the two countries."
The US Treasury, obliged Iraqi banks to stop dealing with Iranian banks, and threatened to freeze the funds of those banks and banks in the case of dealing with Iran and put it on the black list.
According to Mohammed, "the Iraqi government will go towards the Gulf countries, specifically Saudi Arabia and Kuwait to compensate for its energy needs while relying on the development of the gas industry and electricity locally."
The first package of US sanctions against Iran came into effect on Tuesday, focusing on the financial, commercial and industrial sectors.
The package includes a ban on dollar exchange with the Iranian government, a ban on precious metals, especially gold, and sanctions on institutions and governments that deal with Iranian rials or Iranian government bonds.
The reactions of political parties in Iraq to the sanctions imposed on Iran varied between acceptance, rejection and warning.
"Iraq is against US economic sanctions against Iran, we do not interact or sympathize with them, but we will abide by them because we do not want to endanger the interests of the Iraqis," Prime Minister Haider al-Abadi said.
While Foreign Minister Ibrahim al-Jaafari said that "Iraq rejects the principle of the embargo on any country, which will affect the fundamental basis for peoples of various social strata."
Four Shiite politicians are fighting for the presidency of the Iraqi government
Obeidi enters the competition for the presidency of parliament
Aug 09, 2018
BAGHDAD (Reuters) - The task of choosing the new Iraqi prime minister will not be easy on the Shiite political forces, with some parties holding specific figures to hold the post, as well as the difficulty of persuading the leaders of Shiite alliances, the parties within it to give up ministerial posts Against the prime minister.
The four main names on the Iraqi political scene are candidates for the presidency of the new government, most notably the current prime minister, the leader of the coalition «victory» Haider Abadi, and the leader of the coalition «Fatah» Hadi Amiri, in addition to the national security adviser Faleh Fayyad, «Islamic Call» Tarek Najm.
The Al-Nasr coalition is still adhering to Abadi's nomination to head the next government, and to proceed with the "reform project".
The former MP Jassim Mohammed Jaafar, the differences within the list of slaves, indicating that «parties belonging to the coalition trying to get their rights within the cabinet cabaret».
The most prominent candidates for the post of Speaker of the House of Representatives in the new cabin, the writer and political analyst Haitham Khazraji, told «Arab Jerusalem», that «there are candidates supported by the outside and other candidates supported from within, to take the post of Speaker of Parliament», indicating that «the most prominent candidates The leader of the coalition of decision Osama Najafi, and former parliament speaker Salim al-Jubouri ».
He added that «former Defense Minister Khalid al-Obeidi is one of the candidates for the presidency of the parliament». (Details p. 2)
The four main names on the Iraqi political scene are candidates for the presidency of the new government, most notably the current prime minister, the leader of the coalition «victory» Haider Abadi, and the leader of the coalition «Fatah» Hadi Amiri, in addition to the national security adviser Faleh Fayyad, «Islamic Call» Tarek Najm.
The Al-Nasr coalition is still adhering to Abadi's nomination to head the next government, and to proceed with the "reform project".
The former MP Jassim Mohammed Jaafar, the differences within the list of slaves, indicating that «parties belonging to the coalition trying to get their rights within the cabinet cabaret».
The most prominent candidates for the post of Speaker of the House of Representatives in the new cabin, the writer and political analyst Haitham Khazraji, told «Arab Jerusalem», that «there are candidates supported by the outside and other candidates supported from within, to take the post of Speaker of Parliament», indicating that «the most prominent candidates The leader of the coalition of decision Osama Najafi, and former parliament speaker Salim al-Jubouri ».
He added that «former Defense Minister Khalid al-Obeidi is one of the candidates for the presidency of the parliament». (Details p. 2)
78 percent of the implementation of the industrial city in Kirkuk
09/8/2018 12:00 am
With more than 3,000 shops and factories
Kirkuk / Nahdet Ali
A local investment company completed 78 percent of the industrial city project in Kirkuk, which includes 3440 industrial units of exhibitions, stores, spare parts stores and repair shops for heavy vehicles
And light.
The project manager Ramadan Haji Rashid for «morning»: The company of Kirkuk United Investment has already obtained an investment license for the establishment of the industrial city with the aim of evacuating the city center of exhibitions and industrial shops and blacksmiths and repair workshops and laboratories and shops for the sale of spare parts and all the plumbing and collection in the project mentioned To eliminate pollutants and industrial waste that affect the environment and beauty of the city, as well as ending abuses on public streets by some workshops and exhibitions and cause them to create traffic congestion.
He added that the project was started two years ago and reached 78 percent. It was built on an area of 1016 dunums in Lailan area near the new municipal road. It includes 3440 industrial units of exhibitions, garages, stores, shops, plumbing, Heavy
And light.
Rashid said that the city contains centers for health, civil defense and police, where will be coordinated with the relevant government agencies and the Investment Department to equip them with the services, in addition to the availability of other services have been implemented by the company and include paving roads and providing water and electricity services.
He pointed to the division of the prices of shops and factories in the industrial city to categories paid in three years and the total cost of the project 152 million dollars.
The project manager Ramadan Haji Rashid for «morning»: The company of Kirkuk United Investment has already obtained an investment license for the establishment of the industrial city with the aim of evacuating the city center of exhibitions and industrial shops and blacksmiths and repair workshops and laboratories and shops for the sale of spare parts and all the plumbing and collection in the project mentioned To eliminate pollutants and industrial waste that affect the environment and beauty of the city, as well as ending abuses on public streets by some workshops and exhibitions and cause them to create traffic congestion.
He added that the project was started two years ago and reached 78 percent. It was built on an area of 1016 dunums in Lailan area near the new municipal road. It includes 3440 industrial units of exhibitions, garages, stores, shops, plumbing, Heavy
And light.
Rashid said that the city contains centers for health, civil defense and police, where will be coordinated with the relevant government agencies and the Investment Department to equip them with the services, in addition to the availability of other services have been implemented by the company and include paving roads and providing water and electricity services.
He pointed to the division of the prices of shops and factories in the industrial city to categories paid in three years and the total cost of the project 152 million dollars.
In response to the demands of the demonstrators .. The launch of five thousand degrees and functional in Dhi Qar
Baghdad Post Thursday, 09 August 2018 12:53 pm
The province of Dhi Qar has announced the launch of five thousand degrees of functional for the children of the province, and open the introduction of the beginning of next week.
The governor of Dhi Qar Yahya Naciri: "The province will start starting next week, the announcement of vacant grades in the departments of education, health and agriculture and the Office of the province."
The Prime Minister Haider Abadi promised a delegation of the province of Dhi Qarafi nineteen of last July, the launch of thousands of grades within the movement of owners in response to the demands of the demonstrators.
The Associated Press cited the reasons for the failure of the Iraqi government to respond to the protesters' demands
Baghdad Post Thursday, 09 August 2018 02:51 pm
The government has been unable to meet the growing demands for basic public services and job creation, after years of financial and administrative corruption and increased financial burden due to low oil prices and military operations in a number of provinces.
"The water problems accompanied by the chronic electricity crisis in Basra contributed to the outbreak of violent demonstrations in the city last month and other southern provinces, where protesters attacked government offices and parties and burned, which called for security men to open fire on them."
"The dams on the riverbeds in Syria and Iran have shrunk the water levels and streams of the rivers, with low monsoon rains and deteriorating infrastructure conditions for water projects to irreparable levels," the source said.
The source pointed out that "the result was a severe shortage of fresh water, which allowed the extension of salt water coming from the Arabian Gulf and reached the Shatt al-Arab where the junction of the Tigris and Euphrates, which depends on the people of Basra, which was once watering large agricultural land."
The source added that "the water crisis affected the whole country, but Basra was the hardest hit by this crisis, increasing salinity has led to the closure of desalination systems and turned areas of fertile land to the land of Burr and the death of a large number of fish and livestock."
The source pointed out that "the area of Saybah was formerly inhabited by more than 65.000 people and the land of agricultural estimated area of †<†<about 50 hectares, but most of its population migrated during the Iran-Iraq war, where the burning of orchards and planted land mines, and almost the scene of migration is now repeated because of this crisis.
More than 18,000 people returned to the Saybah area after the US invasion of Iraq in 2003, including the farmer Ali and his brothers, where they hoped to start investing and revive their agricultural land again after a long period of neglect.
"In recent years, Iraq has been forced to stop the cultivation of vital crops such as rice and wheat because of the scarcity of water in the south," the source said.
The FAO pointed out that Dahesh had seized most of the territory of northern and western Iraq during 2014 and then came a devastating war to expel the militants from the country, which contributed to the loss of Iraq during the past four years about 40% of the country's agricultural energy.
"Salinity killed fish and cattle and caused dozens of bird species to disappear from the area. It is an environmental crime. I think if the situation continues over the next two months, agriculture may disappear completely," said Alaa Badran, head of the Agricultural Engineers Syndicate.
The entry of hundreds of Iranian missiles through Diyala to target US bases in Iraq
Bagdad Post Thursday, 09 August 2018 01:01 pm
Security hoops prevent entry of tents to hundreds of demonstrators in Muthanna
Iraq is a failed state in accordance with international norms and standards
The Department of Defense warns of a scheme to subvert public property through the demonstrations gate
The joint operations prevent the entry of commercial goods via Kabbashi road and are directed to enter through the Euphrates port exclusively
Observers of the Shiite references: Do not review your muscles on America, the greatest force in the world
URGENT Sources: My mandate assures the leaders of the crowd that American bases are the only ones that pose a threat
Security sources familiar with the arrival of hundreds of Iranian missiles in the near and medium term in the form of parts of cars carrying food across the border with the province of Diyala.
The sources said that the distribution and storage of those missiles in the headquarters of the Badr terrorist group and the militias of Asaib Ahl al-Haq and their farms to target US bases in Iraq.
The sources added in a statement to the "Baghdad Post" that the most targeted will be in Sunni areas to charge the Sunni Iraqis.
Kauaihn Iraq Articles:dd
London/ Iraq TradeLink: The London-based al-Arab daily reported that the Iraqi
government requested the United States to be exempted from Iranian sanctions, which started two days ago.
The sources said that Iraq, in his request, called the US administration to “understand” the Iraqi critical situations, particularly the public demands that may topple the government for lack of services and electricity.
The paper pointed that the US authorities rejected the Iraqi request and insisted, through its contacts with allies, that they all should abide by the sanctions to have quick results.
According to the paper, Iraq demanded facilities to get its needs of electricity and fuel from Iran on a temporary basis, but no reply was received till now.
It quoted Iraqi politicians that the Iraqi needs for electricity and fuel is not similar to Iranian needs for the US dollars.
UN Expects Iraqi Future Government to be Free from Sectarianism
The remarks were made during a UN Security Council meeting held for talks on Iraqi political process, including the formation of a new cabinet in Baghdad where Kubiš pointed out that due to high number of complains against the process, they issued a decree to manually recount part of the votes.
He noted that the low number of Iraqis which participated in the election could be a message from the public to the government for their disagreement on the public services.
The UN official said that the Iraqis delivered a message to say that they were ignored by most of the country's leaders.
"I call on the political leaders to listen to the Iraqi people and rush to form a new national government free from sectarianism which can gather all," he said.
UNHCR welcomes New Donation from Finland
Iraq, August 9, 2018
UNHCR welcomes the generous donation of 1.5 million euros from the Government of Finland. The new funds will help UNHCR support vulnerable Iraqis and Syrian refugees in a rapidly changing context.
A year on from the end of fighting in Mosul, the situation in Iraq is increasingly complex.
While the country recovers from conflict, the needs of Iraqis diversify. Almost 3.9 million people displaced by the recent conflict returned to their homes and are restarting their lives. Children are back at school, water and electricity networks are functioning, and devastated communities are seeing the shoots of regrowth. In places hard-hit by the conflict, the conditions for sustainable return are not yet met. Assistance for the 2 million internally displaced Iraqis and the communities that host them must continue for some time to come to discourage people from returning home too soon.
In addition, around 700 people cross the border every month to escape the fighting in Syria that shows no sign of abating.
To meet diversifying needs, UNHCR provides support over a broadening spectrum. From comprehensive humanitarian assistance in camps to community-based projects to promote social cohesion in slowly reforming communities; from psychological assistance for survivors of gender-based violence to support in acquiring the new or replacement identification documents people need to access state social welfare benefits.
“Iraq is an important partner to Finland and the EU,” said Ms. Päivi Laine (pictured), the Finnish Ambassador to Iraq. “We want to support the Iraqis to return home after years of conflict and continue their lives in home communities. It is remarkable that despite its own complicated situation Iraq is generous towards refugees from Syria. UNHCR has been for years a reliable partner and Finland is very satisfied to continue the co-operation in Iraq. The latest donation is 1.5 million euros.”
“The changing context in Iraq requires us to be ever-more nimble in our response,” said Mr. Bruno Geddo, UNHCR’s Representative in Iraq. “Even as cities are rebuilt and communities begin to flourish, hundreds of thousands of people struggle to make ends meet. Flexibility and creativity are at the heart of UNHCR’s work in Iraq, to consistently meet people’s changing needs. Unearmarked funding from donors like the Government of Finland enables us to be responsive and compassionate to the changing situation Iraqis face. With their ongoing support, we will stand with the people of Iraq until the job is done.”
Baghdad/ Iraq TradeLink: Iraqi Land Transport Company announced the resumption of trucks’
transportation with Jordan will be resumed soon.
In a statement by the Iraqi Transport Ministry, meetings were held for the resumption of transportation between the two countries, which were successful.
Agreement was signed for the entry of the trucks of both countries, but no details were given.
Barzani Receives New Czech Consul
The Czech official, during his meeting with the top Kurdish official, hailed the friendly ties between the sides, reaffirming that he will spare no effort to strengthen the relations between his country and the Kurdistan Region.
"I feel like I am home with my family members and relatives," Svoboda said.
He further noted that they will also work on more coordinations to make developments within the Kurdish sectors of higher education, agriculture, industrial, and trade.
The European official, in the meantime, reiterated his country's support to help the IDPs and refugees in the region.
Barzani, in return, congratulated the official on his new duty as the new consul in Erbil, also thanking Prague for its support for the Kurdistan Region and Peshmerga forces when the region was at war with the Islamic State (IS) in the past few years.
Iraq: A "mass" is issued for elections that do not have to be formed by the government
Thursday, 2018/8/9
Source: News - Baghdad - Anatolia
A spokesman for the Supreme Federal Court of Iraq, Iyas Samuk, said that there is no change in the interpretation of the court of the largest parliamentary bloc, which is entitled to form a government, unless an amendment to the Constitution.
Samok said that «the Court stated in its interpretation of the text of Article 76 of the Constitution in 2010, which is the mandate of forming the government, that the largest parliamentary bloc is the largest constituency of the number of deputies in the first session of the House of Representatives, not the bloc that topped the election results.
He stressed that there is no change in the interpretation of this bloc, and «if there is to be another trend in the selection of candidate for prime minister, must be an amendment to the Constitution».
Kauaihn Economic Times:
ISX Update:
ECONOMIC TIMES / CHATTER
FOR TWITTER ACCT
Just send a text message from your cell phone to:
40404 (may have to add 40404 as a contact first) Then send a message that says: Follow @FactsnOpinion1 and you will join their twitter feed and instantly get the doc. You do NOT have to join twitter to get tweets
ONLY SPACE IS AFTER FOLLOW
who are on their computers to go to:
to get to our twitter feed
TIME
Experts Say Going For A Run Every Day Might Not Be Good For You For This One Reason
Elite Daily
Employers are finding new ways to cut health care costs
CNN Money
Read the full story
d
GLOBAL/NEWS/INFO
Today in History
ABC News
ABC News
You don’t have to be wealthy to put this estate plan into place
CNBC
Surprise! You already have an estate plan. But it's probably not the one you want. Here's how to make sure your hard-earned savings goes to the right people. Read the full story
These 5 simple body language tricks can help you build trust with anyone
Most millennials have grown up in an age of instant messages, emails and texts. While they're often highly efficient at digital communication, face-to-face interactions don't always come so easily. Luckily, simple body language adjustments can help you build trust with anyone, they explain in their book "Master the Science of Body Language and Maximize Your Success."
OIL/COMMODITIES/ENERGY
Gold steady, dollar headwinds on the radar
Gold prices steadied on Wednesday, but expectations of a higher dollar due to rising U.S. interest rates and strong demand for U.S. Treasury bonds seen as a refuge from trade tensions are expected to weigh.
Gold Prices Edge Forward as Dollar Slips
Investing.com
© Reuters. A weaker dollar gives gold respite Read the full story
Oil dips on weak China imports, but Iran sanctions, weak US stocks support
Oil prices dipped on Wednesday after China reported relatively weak import data, although the market remained well supported by falling U.S. crude inventories and the introduction of sanctions against Iran.
Read more: https://www.cnbc.com/2018/08/
Crude Oil Prices Settle Higher as Sanctions on Iran Get Underway
Investing.com
© Reuters. Oil prices fall as Iran sanctions stoke supply worries Read the full story
BANKS/BANKING/CREDIT
Rising volatility and central bank changes mean it's time for new strategies, wealth managers say
CNBC
CNBC
With market volatility on the rise especially due to the trade war and central banks on a mission to tighten monetary policies, wealth managers are calling for investing strategies to change. Read the full story
Apple Pay now works with 25 more banks across the US, Russia, and Ukraine
9to5Mac
Apple Pay continues to pick up new banks and credit unions every month — and soon to Germany and possibly Austria. These are the latest new banks and credit unions added in the US, Russia, and Ukraine that let you pay with iPhone, iPad, Apple Watch, and Mac… United States: Bank of Holland Bank Of Walker County... Read the full story
Zillow buys a mortgage lender and the stock tanks
CNN Money
Real estate information site Zillow is no longer content to just be the place you go to in order to see what your house is worth. The company just bought a mortgage bank. But Wall Street is nervous about the move into home loans. Read the full story
Weekly mortgage applications fall as home prices climb
CNBC
Soaring prices are sapping mortgage demand. In June, home prices rose 6.8 percent from a year ago, according to CoreLogic. Read the full story
Your banking data was once off-limits to tech companies. Now they’re racing to get it.
The Washington Post
Facebook says banks and credit-card companies have shown interest in partnerships that would boost the sharing of users' account balances, recent transactions and other financial data. 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
A 20 to 30 percent plunge could hit stocks next year, Ned Davis Research warns
Ned Davis Research’s Ed Clissold sees a strong 2018 stock market finish but trouble brewing on the earnings front next year.
Trader sees a breakdown for the bond market, and that’s good news for the big banks
One trader sees a breakout coming for financials, and it's thanks to the bond market.
US Treasury yields dip ahead of Fed remarks
U.S. government debt prices hovered just above the flatline on Wednesday.
Why the stock market has ignored the noise and is nearing another record
CNBC
From tweets to tech to trade wars, investors have had multiple reasons to bail out of stocks this year. Instead, the S&P 500 is just another nudge away from setting a fresh all-time high. Rather than get shaken by scary headlines, the market instead has maintained a laser-like focus on fundamentals. Read the full story
Stocks could quickly break to new highs but then watch out
CNBC
The S&P 500 could soon reach a new all-time high and then may very quickly, hit a wall. Read the full story
Bond market drama builds around auction that could bring highest yield in 7 years
CNBC
The U.S. government auctions brand-new 10-year Treasury notes Wednesday, usually a routine affair, but more interesting this month because the offering is a record size and it could bring a 3 percent yield for the first time in 7 years. Read the full story
Why ‘experts’ are calling for the bubble to pop and what you should do about it
MarketWatch
When it comes to financial news doom and gloom sells, even though it has “consistently been a poor guide to the modern economic world.” Read the full story
CRYPTO'S / DIGITAL CURRENCY
The crypto market has lost 20% of its value in 2 weeks and bitcoin is still dropping
Business Insider
Business Insider
Bitcoin is down 3% on Wednesday morning while other major cryptos are down as much as 9%. The entire cryptocurrency market has lost 20% of its value over the last 2 weeks, according to FXPro. You can follow live cryptocurrency prices on Markets Insider. LONDON - The price of bitcoin is slipping on Wednesday, extending a poor run for the digital currency. Bitcoin is down almost 3% to $6,521.47 at 12.45 a.m. BST (7.45 a.m. ET). Over the last 24 hours, it is down around 7%. The cryptocurrency has Read the full story
Over $9 billion wiped off bitcoin's value after SEC postpones key decision on a cryptocurrency ETF
CNBC
The SEC said it would wait until September 30 to give a decision on whether the bitcoin ETF proposed by VanEck and SolidX will be accepted or rejected. Read the full story
Bitcoin Prices Drop After SEC Postpones ETF Decision
Forbes Magazine
Will this latest proposed ETF succeed where others have failed? Read the full story
Here's the Bitcoin ETF Presentation SolidX Gave to the SEC Last Week
CoinDesk
SEC officials huddled with stakeholders last week on a proposed bitcoin ETF. Read the full story
Bitcoin Price Eyes $7.4K After Defense of Key Support
CoinDesk
Bitcoin solid defense of the key 50-day moving average support may have opened the doors for a minor corrective rally. Read the full story
Who Killed Satoshi Nakamoto?
Forbes Magazine
The top 100 list of cryptocurrencies is not only littered with coins that are not bitcoin-like, it is swamped by them. Read the full story
Bitcoin's' market share is at the level it was just after it hit its near-$20,000 record high
CNBC
Hope of positive regulatory developments with bitcoin has helped the price of the cryptocurrency recover in recent weeks. Read the full story
CURRENCIES
Euro gains as dollar rally fades; yen rebounds
The euro rose above $1.16 on Wednesday as the dollar's recent rally ran out of steam.
Read more: https://www.cnbc.com/2018/08/
Forex - Dollar Slips, Sterling Wallows at 1-Year Lows
Investing.com
© Reuters. Dollar slips, sterling wallows at 1-year lows Read the full story
Forex - Pound Falls Below $1.29 for First Time in a Year
Investing.com
Forex Aug 08, 2018 10:09 GMT Investing.com - The pound fell below $1.29 for the first time since August 2017 on Tuesday, amid worries that the UK would not be able to reach a deal with the European Union before exiting the bloc in March of next year. At 6:05 AM ET(10:06 GMT), GBP/USD fell 0.27% to 1.2903, recovering the 1.29 handle after hitting an intraday low of 128.93. Sterling also weakened against the euro, hitting its lowest level since November. EUR/GBP was last up 0.28% at 0.8986, not Read the full story
Pound falls lower against the dollar and euro
BBC News US
Sterling touches a near-one year low against the dollar as worries about a no-deal Brexit continue. Read the full story
The pound is below $1.29 for the first time in almost a year as 'no-deal' Brexit fears mount
Business Insider
The pound is below $1.29 for the first time since 2017 and falling against the euro and yen. Sterling's price is suffering from ongoing concerns about a potential no deal Brexit. Analysts say the currency's poor performance is likely to continue in the short-term. LONDON - The pound fell below $1.29 for the first time since September 2017 on Wednesday as fears about a possible no-deal Brexit continued. Sterling is down 0.6% against the dollar to $1.2860 at 12.00 p.m. BST (7.00 a.m. ET). It marks Read the full story
Forex - Dollar Under Pressure as Yuan Stabilizes, Euro Rallies
Investing.com
© Reuters. The dollar traded lower against its rivals on Tuesday. Read the full story
Dollar slips, offers respite to emerging-market currencies including Turkey’s lira
MarketWatch
The U.S. dollar gives back Monday’s gains and slipps, giving its main rival the euro reason to edge higher and letting the British pound take a breather. Read the full story
'Dark cloud' of trade war hovers over Chinese yuan's globalization
China's drive to promote the renminbi as a global currency could slow as the trade war drags on, analysts say.
INSURANCE / HEALTH / SCIENCE
Scientists Think Oversleeping Can Actually Cause These Serious Health Problems
Bustle
Bustle
Sometimes, you just can't help sleeping in. It could be because you've had a late one the night before, or simply because you have nothing better to do. Either way, sleeping for more than the recommended eight hours per night may actually be doing… Read the full story
Millions suffer from an invisible disease: My ME/CFS story
CNN
Every morning, I shave, brush my teeth, and swallow a dozen pills. I look in the mirror and thank God I can even walk out the door. Since 2007, I've lived with an incurable disease known as chronic fatigue syndrome. Internationally, doctors call it myalgic encephalomyelitis, or ME/CFS. The tongue-twister means "painful inflammation of the brain and nervous system." Read the full story
"This is a lifesaver": Infected kidneys could be transplant option
CBS News
A small study of patients in desperate need of a kidney transplant participated in a bold experiment where they received organs infected with hepatitis C Read the full story
A number of risk factors make relapses so perilous Read the full story
Lyme disease has now spread to all 50 states, report finds
CBS News
New research finds cases of Lyme disease have exploded in unusual areas of the country Read the full story
Probiotics Could Cause Brain Fogginess and Bloating, Study Suggests
Newsweek
Some patients experience symptoms so bad they had to quit their jobs. Read the full story
Too Much Sleep Could Increase Risk of Death and Coronary Heart Disease, Study Says
Newsweek
In comparison, sleeping fewer than seven hours per night did not increase the risk of mortality or heart disease. Read the full story
Experts Say Going For A Run Every Day Might Not Be Good For You For This One Reason
Whether you absolutely live for your morning runs, or you constantly crave your after-work SoulCycle class, cardio is an incredibly cathartic and wonderfully sweat-infused form of stress relief. And while there's certainly nothing wrong with… Read the full story
Employers are finding new ways to cut health care costs
Companies are contracting directly with health care providers and offering more digital care in order to keep costs under control, a new study has found. Read the full story
FDA expands blood pressure medication recall
CBS News
Certain batches of the drug were contaminated with chemical that could increase the risk of cancer in humans Read the full story
USA/CANADA
As Trump Berates OPEC to Lower Oil Prices, His Iran Sanctions Push Them Higher
Newsweek
Newsweek
Prices may reach $90 a barrel. Read the full story
All you need to know about the escalating diplomatic row between Saudi Arabia and Canada
Saudi Arabia and Canada are currently locked in a diplomatic spat over human rights, with both countries refusing to back down despite a breakdown in future trade deals, suspended passenger flights and a flurry of other sanctions.
Saudi Arabia stops all medical treatment programs in Canada
Reuters
Saudi Arabia has stopped all medical treatment programs in Canada and is coordinating for the transfer of all Saudi patients from Canadian hospitals to other hospitals outside Canada, Saudi press agency said early on Wednesday. Read the full story
High level NAFTA preparation meetings set for Ottawa on Wednesday
CBC News
Canada's ambassador to Washington will be spending Wednesday in Ottawa for a series of high level NAFTA preparation meetings. David MacNaughton is expected to sit down with members of the Prime Minister's Office and trade officials ahead of what could be a busy month of trade talks. Read the full story
Saudi group posts photo of plane about to hit Toronto's CN tower amid spat
the guardian
Infographic KSA apologised for tweeting the altered image on Monday, hours after Riyadh expelled the Canadian ambassador A Saudi Arabian organisation has apologised for tweeting a digitally-altered image that showed a plane flying towards Toronto’s CN Tower – in an apparent reference to a 9/11-style attack – amid an escalating row over Canada’s call for the release of detained human rights activists in the kingdom. Related: Saudi Arabia expels Canadian envoy for urging activists' release Read the full story
EMERGING MARKETS
It Took 11 Months, But Nearly All Of Puerto Rico Finally Has Power Again
Bustle
Bustle
Nearly a year after Hurricane Maria decimated its electrical grids, Puerto Rico has finally restored power to the vast majority of customers on the island. The Puerto Rico Electric Power Authority announced on Tuesday that all but 25 of the… Read the full story
Power Was Finally Restored To Almost All Of Puerto Rico. Then Another Outage Struck.
HuffPost
Hours after Puerto Rico officials announced that power had finally been ... Read the full story
Colombia's new leader plans changes to FARC peace deal
TRT World
Colombia's new leader plans changes to FARC peace deal Read the full story
After a prison riot threatened their partners’ lives, these two Brazilian women relied on each other for support
The Washington Post
The Alcaçuz Federal Penitentiary is a maximum-security prison Read the full story
Brazil-Venezuela border reopens amid fight over refugees
ABC News
One of the main border crossings between Brazil and Venezuela has reopened after a legal fight that kept it shuttered it for nearly a day Read the full story
Venezuela's oil production turning a corner?
Fox News
Are things looking up in crisis-stricken Venezuela? Read the full story
MIDDLE EAST
Iran's foreign minister reportedly says a US plan to crush its oil sector is 'impossible'
President Donald Trump's administration is in no position to reduce Iran's oil sector to zero, Iranian Foreign Minister Javad Zarif was cited as saying by a local newspaper on Wednesday.
Iran's foreign minister: U.S. will not stop Iran oil exports: newspaper
Reuters
A U.S. plan to reduce Iran's oil exports to zero will not succeed, Iranian Foreign Minister Mohammad Javad Zarif was cited as saying by an Iranian newspaper on Wednesday. Read the full story
Will Iran's president meet with Trump?
Fox News
Lt. Col. James Carafano (Ret.), Gunnery Sergeant Jessie Jane Duff (Ret.) and former Cheney national security adviser Stephen Yates on whether Iranian President Hassan Rouhani will agree to meet with President Trump, after the U.S. re-imposed sanctions against Iran.Read the full story
Historic trade ties between UAE and Iran may hit by US sanctions
TRT World
Historic trade ties between UAE and Iran may hit by US sanctions Read the full story
UN agency urges Israel to allow emergency fuel into Gaza
ABC News
A U.N. aid agency is calling on Israel to let emergency fuel into the Gaza Strip to avert the shutdown of hospitals and sanitation facilities Read the full story
In crisis after crisis, Israel is losing the public relations war. Is it winnable?
Los Angeles Times
Saudi Arabian crude oil imports to Canada easy to replace, says energy economist
CBC News
Canada can easily replace the oil it imports from Saudi Arabia should relations with the Middle Eastern kingdom deteriorate to the point that trade in crude is halted, says an energy economist. Read the full story
US officials to dodge Iraqi import laws by sending painkillers in diplomatic mail
ABC News
The disclosure came in a State Department Inspector General report. Read the full story
Did Iraq's Sadr get caught up in his own populism?
TRT World
Did Iraq's Sadr get caught up in his own populism? Read the full story
Mosul residents are taking reconstruction into their own hands
VICE
Frustration is beginning to rise Read the full story
U.S. says maintains vibrant economic ties with Turkey despite tensions
Reuters
The United States continues to be a solid friend and ally of Turkey despite ongoing tensions between the NATO allies, the U.S. Embassy in Ankara said on Tuesday, adding that the two countries had an active economic relationship. Read the full story
AFRICA
Genetic tests confirm new Ebola outbreak in the Congo
Axios
Axios
A lab technician works in the P3, the Pasteur Institute's laboratory dedicated to the Ebola virus, in Bangui on May 31, 2018. Genetic sequencing has confirmed that the outbreak of the deadly Ebola virus in North Kivu, in the eastern part of the Democratic Republic of the Congo, is distinct from an earlier outbreak in the same country — the earlier outbreak was declared over in late July. Why it matters: Public health officials are racing to contain the new outbreak in a challenging operational Read the full story
Zimbabwe Election: A new beginning?
TRT World
Zimbabwe Election: A new beginning? Read the full story
What next for Zimbabwe's opposition?
Aljazeera
Zimbabwe's highly anticipated first post-Mugabe and post-Tsvangirai election just ended. The election was very close and tightly fought between the ruling party and the opposition. The pre-election environment was largely peaceful, however, at least six died after the military opened fire on opposition supporters after the election. The incumbent, Emmerson Mnangagwa of ZANU-PF narrowly fended off a runoff by securing 50.8 percent of the vote. The ruling party ZANU-PF regained a super majority in Read the full story
Africa: Financial Crime Undercuts Africa's Economic Growth Gains
AllAfrica
Financial crime in developing countries, particularly Africa, is on the rise, undermining gains in economic growth and negatively affecting development. This is particularly worrying on a continent whose countries are among the most resource-rich worldwide, but whose people are among the poorest. Quantifying the cost of financial crime in Africa is difficult, and there's a lack of consensus on what should be included in the list of offences. For example, in the area of corruption alone, the Read the full story
Tanzania: Gold Production Triples in Geita
AllAfrica
Geita BANNED transportation of carbon from Geita to other regions has in just three months tripled production of gold in the lakeside region. In gold production, Carbon In Pulp (CIP), according to Wikipedia, is an extraction technique to recover gold, which has been liberated into a cyanide solution as part of the gold cyanidation process. Prior to the ban, local traders were transporting carbon to Mwanza region where, it was claimed, there was a sophisticated technology to extract gold but the Read the full story
ASIA
China ignores Trump threat on Iran, says business there will continue
Beijing joins Moscow and Brussels to reject the U.S. sanctions against Tehran.
China, Germany defend business with Iran in face of U.S. threats
Reuters
China and Germany defended their business ties with Iran on Wednesday in the face of President Donald Trump's warning that any companies trading with the Islamic Republic would be barred from the United States. Read the full story
Macau poised to become richest place on the planet by 2020
South China Morning Post
According to figures from the IMF, the casino hub with overtake Qatar to have the highest per-capita gross domestic product Read the full story
US sets date for additional China tariffs
BBC News US
North Korea's foreign minister visits Iran as US reimposes sanctions
CNN
CNN
Iranian Foreign Minister Mohammad Javad Zarif welcomed his North Korean counterpart, Ri Yong Ho, to Tehran on Tuesday, hours after the United States reintroduced sanctions against the Islamic Republic. Read the full story
EUROPE
European stocks mixed on earnings, new trade tariffs; Nokian Renkaat jumps 3%
European stocks traded mixed on Wednesday as investor kept a close eye on corporate earnings and trade tensions.Read more: https://www.cnbc.com/2018/08/
Boris Johnson "lucky" he had already quit before burka comments
Sky News
Some MPs believe Boris Johnson can think himself lucky he had already resigned from the cabinet over his opposition to Theresa May’s Chequers deal on Brexit. Read the full story
Theresa May tells Nicola Sturgeon to back Brexit deal
Sky News
Theresa May has said the Scottish government should get behind her Brexit proposals, following talks with First Minister Nicola Sturgeon. Read the full story
German central bank blocks $400 million cash delivery to Iran ahead of crippling US sanctions
Fox News
The U.S. campaign to rein in Iran has scored a victory in the German financial sector, after the Deutsche Bundesbank−the country's central bank− imposed a rule stopping ay $400 million cash delivery to Tehran. Read the full story
Will companies in Europe stop doing business with Iran?
Fox News
Margaret Thatcher Center for Freedom Heritage Foundation Director Nile Gardiner on the Trump administration's sanctions against Iran and whether companies in Europe will stop doing business with the Middle Eastern country. Read the full story
Russia slams US sanctions against Iran, promises to save nuclear deal
CNBC
The Russian foreign ministry said it is “deeply disappointed” by Washington’s stance.
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Wednesday 8/9/18 did update on the indicative rates Sell Rate 1190
The currency auction is 170,375,589
There is one news and announcement
1. Announcement of ICD115 Auction Results (for the sale of Islamic certificates of deposit)
On 6/8/2018, the Central Bank approved the auction of ICD115 for the sale of certificates of deposit.
August 09, 2018
On 6/8/2018, the Central Bank approved the auction of ICD115 for the sale of certificates of deposit.
August 09, 2018
The Central Bank approved on 6/8/2018 the auction of ICD115 for the sale of certificates of Islamic deposit for a period of 14 days and the amount of (50) billion dinars (fifty billion dinars) and sold certificates of (11) billion dinars at a uniform rate and the highest rate of return (0.70% , And the number of participants (2) banks have won the amounts provided.
Value Traded
347,891,179
Shares Traded
629,799,915
ISX ended in Red
Kauaihn Chatter:dd
http://www.dinarguru.com/
8-9-2018 Intel Guru Delta Quote: "Performance of the brokerage firms...for the month July 2018 in accordance with the criteria of theEUROPIAN UNION-Asian stock exchanges…" ...ISX BROKERAGE LIVE INTERNATIONAL... SINCE JULY..."
8-8-2018 Newshound Guru Adam Montana Here is the best news I can share: Nothing seems out of place in the process. News is consistent and "as expected". And the best of the best... this is temporary. That's right - there is an end in sight.
8-8-2018 Intel Guru RayRen98 We had new developments with the bank list. Some have changed their position and now have the currency available when they said they did not and would not. The one saying "No" is now saying "Yes"...
8-8-2018 Intel Guru RayRen98 We had new developments with the bank list. Some have changed their position and now have the currency available when they said they did not and would not. The one saying "No" is now saying "Yes"...
8-8-2018 Newshound/Intel Guru David M. Witty Main Iraqi election winner Sadr's Sairoon Coalition: in the new government, we are not distributing positions based on how many parliament seats each party won as was done in the past. The next PM may come from a very small party with few seats.
8-8-2018 Newshound/Intel Guru Mnt Goat Third, so this brings us to the question then how do all these online internet brokers get the dinar? They have special arrangements through the US Treasury and the CBI to purchase large volumes of the dinar. They are allowing this under presidential executive order 13303. ...So we are not profiteering off the disaster of the war but official investors in Iraq. This is what allows us to have this currency in our hands...The banks now too have come online and are also selling the dinar once again...We are NOT just waiting for the rate to go up but instead waiting for the dinar to get reinstated on the global trading platforms as a legitimate tradable currency once again. When this happens they will adjust the rate based on the new peg to the new SDR basket. Yes, it could initially be assigned a new rate of $3.00+ and float higher quickly. Here is the important part – IN DEMAND! [post 3 of 3]
8-8-2018 Newshound/Intel Guru Mnt Goat ...This closed economy means they take the revenue from the oil in US dollars. Then the merchants take their dinar go to the currency auctions and exchange dinar for these US dollars. They then can trade with the outside world using the US dollars only. This was part of the Chapter VII conditions. Mainly they put this provision in because they downgraded the dinar so much and shut it off on the global exchanges it was almost worthless to the outside world. ...So yes the dinar was not supposed to leave the country of Iraq. The CBI currency auctions sell US dollars not dinar. [post 2 of 3....stay tuned]
8-8-2018 Newshound/Intel Guru Mnt Goat [...A few years ago you stated that the currency most of us have in the USA had come across Iraq's border semi-illegal? I don't remember the exact term you used. What are the chances that Iraq rejects our currency because we were never suppose to have it...] First I never said that the currency of Iraq that you hold has come across the boarder semi-illegally. Second, I did say that the 3 zero notes were meant to stay within Iraq and for the exclusive use of the “closed” economy of Iraq while in financial sanctions under Chapter VII. [post 1 of 3....stay tuned]
8-8-2018 Intel Guru Bruce ...8/8/2018. Is that an important number to the Chinese? Is it an important number to Iraq? Yes and Yes. Could it be an important date for us? Yes. It should be an important date for us. ...Everything is done and everything is rolling out. ...We are at a time things are being accomplished around the globe. Things are happening...such as the ISX did open on Sunday, and we have proof of that from people we are connected to that were trading on it in Europe, and we know what they were trading, exchanging, and working with it. So it is up...You had to have an international trading platform to do it... I really believe that tomorrow [Wednesday, 8-8-18] is going to be a big day. All I can tell you guys are rates are populating...Rates are going to be fantastic. ...I really believe that this is right before the end. We should be receiving something shortly...
8-8-2018 Newshound/Intel Guru Mnt Goat Third, so this brings us to the question then how do all these online internet brokers get the dinar? They have special arrangements through the US Treasury and the CBI to purchase large volumes of the dinar. They are allowing this under presidential executive order 13303. ...So we are not profiteering off the disaster of the war but official investors in Iraq. This is what allows us to have this currency in our hands...The banks now too have come online and are also selling the dinar once again...We are NOT just waiting for the rate to go up but instead waiting for the dinar to get reinstated on the global trading platforms as a legitimate tradable currency once again. When this happens they will adjust the rate based on the new peg to the new SDR basket. Yes, it could initially be assigned a new rate of $3.00+ and float higher quickly. Here is the important part – IN DEMAND! [post 3 of 3]
8-8-2018 Newshound/Intel Guru Mnt Goat ...This closed economy means they take the revenue from the oil in US dollars. Then the merchants take their dinar go to the currency auctions and exchange dinar for these US dollars. They then can trade with the outside world using the US dollars only. This was part of the Chapter VII conditions. Mainly they put this provision in because they downgraded the dinar so much and shut it off on the global exchanges it was almost worthless to the outside world. ...So yes the dinar was not supposed to leave the country of Iraq. The CBI currency auctions sell US dollars not dinar. [post 2 of 3....stay tuned]
8-8-2018 Newshound/Intel Guru Mnt Goat [...A few years ago you stated that the currency most of us have in the USA had come across Iraq's border semi-illegal? I don't remember the exact term you used. What are the chances that Iraq rejects our currency because we were never suppose to have it...] First I never said that the currency of Iraq that you hold has come across the boarder semi-illegally. Second, I did say that the 3 zero notes were meant to stay within Iraq and for the exclusive use of the “closed” economy of Iraq while in financial sanctions under Chapter VII. [post 1 of 3....stay tuned]
8-8-2018 Intel Guru Bruce ...8/8/2018. Is that an important number to the Chinese? Is it an important number to Iraq? Yes and Yes. Could it be an important date for us? Yes. It should be an important date for us. ...Everything is done and everything is rolling out. ...We are at a time things are being accomplished around the globe. Things are happening...such as the ISX did open on Sunday, and we have proof of that from people we are connected to that were trading on it in Europe, and we know what they were trading, exchanging, and working with it. So it is up...You had to have an international trading platform to do it... I really believe that tomorrow [Wednesday, 8-8-18] is going to be a big day. All I can tell you guys are rates are populating...Rates are going to be fantastic. ...I really believe that this is right before the end. We should be receiving something shortly...
8-8-2018 Newshound Guru Currency365 Article: "Mastercard’s MoU With Central Bank of Iraq Signals Bright Future for the Country’s Emerging Digital Payments Ecosystem" Mastercard, a leading technology company in the global payments industry, recently signed a Memorandum of Understanding (MoU) with the Central Bank of Iraq (CBI), aimed at accelerating the development of a strong payments ecosystem in the country."
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
***************
ARTICLE 1-A (from PM Abadi's website; posted only on Arabic side, not on English side)
Prime Minister Dr. Haider Al-Abadi: Cooperation between unions, civil society organizations and the state should be established
Prime Minister Dr. Haider Abadi stressed the importance of cooperation between unions, civil society organizations and the state.
He stressed during his meeting with the heads of trade unions and federations that he is keen to respond to the demands of citizens, noting that we are from this society and interact with these requests, pointing out that there are those who wanted to split between citizens and security forces, but the truth proved the contrary.
"We have moved from a country whose existence is threatened to a strong and victorious country," he said. "Iraq today is strong and the world is looking at it with admiration.
"Our hand is in the hands of everyone to work for the country and all that is good for our people.
Prime Minister 's Media Office
8 August 2018
****************
ARTICLE 1-B (from PM Abadi's website; posted only on Arabic side, not on English side)
Statement
Based on the directives of the Prime Minister Dr. Haider Abadi to carry out reforms in the Ministry of Electricity and restructuring them to serve the interest of the country and our people and the provision of electricity to citizens, today issued a series of orders to exempt a number of general managers in a range of departments, including investments and contracts and the distribution of electricity Baghdad and the administrative department, in addition to changes in the legal and operating and control departments and other departments.
Prime Minister 's Media Office
9 August 2018
*************
ARTICLE 2
Abadi exempts general managers from the Ministry of Electricity
2018/8/9 12:20 • 1 times read
[Ayna-Baghdad]
The Prime Minister's Office announced on Thursday orders to exempt directors-general and make extensive administrative changes in the Ministry of Electricity.
"According to the directives of the Prime Minister, Dr. Haider al-Abadi, to carry out reforms in the Ministry of Electricity and restructuring them to serve the interests of the country and our people and to provide electricity to citizens, today issued a set of orders to exempt a number of General managers in a range of departments, including investments and contracts and the distribution of electricity Baghdad and the administrative department, in addition to changes in the departments of law and operating and control and other services.
Abadi ordered on July 29 to withdraw the hand of electricity minister Qassem al-Fahdawi on the background of the deterioration of electricity services and until the completion of investigations.
Abadi revealed earlier the publication of the results of a campaign to combat corruption and the prosecution of corrupt and what the government has done on this and who has been referred to integrity and the people who have been sentenced.
*************
ARTICLE 3
Tweet posted on Government of Iraq twitter account:
Government of IraqVerified account @IraqiGovt 8-9-2018 around 5 am Eastern
PM @HaiderAlabdi: We referred several former ministers and senior officials suspected of corruption to the Integrity Commission which is now conducting thorough investigations.
*************
ARTICLE 4
Hakim and Jaafari stress the removal of the next government from quotas
2018/8/8 13:14
[Ayna-Baghdad]
The leader of the National Wisdom Movement, Ammar al-Hakim, discussed with Ibrahim al-Jaafari, the Iraqi foreign minister and head of the National Reform Movement, the political situation and its developments.
"Both sides discussed the ongoing preparations for the formation of a national government with the task of providing services, stabilizing and combating corruption, in line with the directives of the Supreme Religious Council," a statement from Jaafari's office said.
The two sides stressed the "need to form a government representing the Iraqi people in all its facets, and the removal of government positions from the sectarian and partisan quotas, and this is a consolidation of the democratic track, and the unity of Iraqi society."
Al-Hakim and Jaafari stressed "the need to strengthen cooperation between all forces and political parties to meet the current challenges, maintain national unity and unite visions to contribute to the advancement of the political process to achieve the aspirations of Iraqis."
*************
ARTICLE 5
Baghdad decides to pay the salaries of employees in the region before Eid al-Adha
2018/8/8 22:43
[Ayna-Baghdad]
The former agent of the Iraqi Ministry of Finance, Fadel Nabi, said on Wednesday that the Iraqi government will send an amount of 317 billion dinars to the Kurdistan region to pay the salaries of all employees of ministries in the government of the province before the Eid al-Adha.
He said in a press statement, "The Iraqi Ministry of Finance informed me that it will send the salaries of employees of ministries in the Kurdistan Regional Government before the Eid al-Adha, by sending 317 billion dinars to the Kurdistan Region."
(Note: Eid al-Adha 2018 in Iraq begins in the evening of Tuesday, August 21 and ends in the evening of
Saturday, August 25.)
No comments:
Post a Comment