CHAT UPDATE: 3:31 PM PDT
IRAQI TV REPORTS 240 APPEALS WERE FILED AGAINST THE ELECTION RECOUNT, THE FED COURT WILL SUPPOSEDLY REVIEW EACH OF THEM.STAY CALM....TIME WILL TELL.
Note Tishwash link post: http://tntshowtime.
WOTS Tuesday 8/14/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,164.6000 | 1,164.6000 | 1,164.6000 | | 20:00 |
| USD/VND | | | 22,919.9000 | 22,919.9000 | 22,919.9000 | | 20:00 |
| USD/CNY | | | 6.8925 | 6.8750 | 6.8901 | | 06:34 |
| USD/KWD | | | 0.3030 | 0.3022 | 0.3027 | | 06:30 |
| GBP/USD | | | 1.2817 | 1.2754 | 1.2762 | | 06:36 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,657.3000 | 14,559.0000 | 14,594.0000 | | 06:36 |
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DC NY Iraq Articles:d
Source: Maliki and al-Amiri reject the nomination of Abadi to head the next government
Last updated: 14 August 2018 - 1:07 PM
BAGHDAD (Reuters) - A coalition of state law led by Nuri al-Maliki will postpone the announcement of the formation of the largest bloc that will form the next government, the source said, adding that this was due to several reasons. "The state of law was supposed to Announced the largest bloc after the announcement of the results of counting and manual sorting, and now seeks to delay the announcement until after the ratification of the results of the election by the Federal Court. "He added," There are several reasons will delay the announcement of the formation, including several arrival of the parties to the opening and the law of agreements on the personality of the next prime minister , In addition to not accept Bala victory "He added that" the reasons also not to receive a response from the Kurdish blocs on the entry bloc. "It is noteworthy that the leader of a coalition of state law, Nuri al-Maliki, had said that his coalition is close to the announcement of the largest bloc that will form the government Coming.
Newspaper: Sadr and Maliki are dividing the Sunni parties and Kurdish talks to form a government .. This is what they received requests
2018/08/14 12:53
Baghdad today - follow-up
Al-Hayat newspaper said in a report published on Tuesday that the leaders of the Sadrist movement Moqtada al-Sadr and the coalition of state law Nuri al-Maliki, the Sunni and Kurdish parties, discussed the formation of the largest bloc.
"The split within the Shiite parties has pushed divisions between the Sunni and Kurdish forces after the Shiite parties (Moqtada al-Sadr-Nuri al-Maliki) tried to coax Sunni and Kurdish parties to form a bloc that includes half of the seats of parliament plus one (164 seats), the paper quoted an unnamed source as saying. "He said.
He pointed out that "the coalition of Iraqi forces led by Gamal al-Karbouli offered to join the Shiite forces in exchange for accepting the nomination of the speaker of parliament from this alliance, while Kurdish parties offered conditions that vary between agreeing to resolve the Kirkuk issue and the presidency of the republic in exchange for joining the Shiite party, "He said.
The source added that "the Shiite parties are confused in the negotiations to form a government after the threat of Sadr to withdraw from them in the event of non-implementation of conditions which appear from the point of view of the other parties are not viable, most notably the choice of an independent prime minister and a government of technocrats."
He added that "the negotiations between the Shiite parties continue on two tracks, the first led by al-Sadr and the leader of the wisdom movement Ammar al-Hakim and the National Coalition led by Iyad Allawi, and joined them finally Prime Minister Haider Abadi after the announcement of his government's commitment to US sanctions on Iran, which raised resentment coalition rule of law led by Nuri al-Maliki And led by Hadi al-Amiri, close to Iran, who are working on negotiations to form the largest bloc. "
Barzani Party: the budget of Kurdistan and the application of Article 140 of the terms of our alliance with Baghdad
Last updated: 14 August 2018 - 1:40 PM
The Kurdistan Democratic Party headed by Massoud Barzani, on Tuesday, the terms of the Kurdish alliance to join the largest bloc, indicating that the Kurdish delegation negotiator will put the budget of the Peshmerga and return these forces to the disputed areas and determine the boundaries of the territory in accordance with Article 140. The leadership Najib Najib said in a press statement today, that "the Patriotic Union and the Democratic Kurdistan defined the political and economic conditions and security alliance with the political blocs in Baghdad." He added that "the re-share of the province in the budget, amounting to 17 percent and ensure the salaries of the Peshmerga forces and return them to the disputed areas and ensure the balance of functions in the state departments and find a way to export oil in the Kurdistan region, as well as the limits of the region and the implementation of Article 140 of the Constitution and the disputed areas and the establishment of a mechanism to strengthen Territory ". Najib said that "the Kurdistan Alliance will decide to join any coalition in Baghdad to form the next government in the event of agreeing to all these conditions and otherwise can not be given the confidence of the Kurds, no coalition."
Kurdistan reveals the size of the salaries of the martyrs and anfal people .. And stresses addressed by Baghdad on them
2018/08/14 12:37
Baghdad today - Kurdistan
The Ministry of Martyrs and Anfal Affairs in the Kurdistan Regional Government, on Tuesday, August 14, 2018, on the size of salaries of martyrs and anfal people in the region, while confirmed that they addressed the federal government in Baghdad on them.
"The President of the Kurdistan Regional Government has written an official letter to the Iraqi Prime Minister on the transfer of salaries of martyrs and Anfal people and political prisoners in the region to the salaries of this category in the Iraqi government," Minister Mahmoud Haj Saleh told a news conference.
He added that "by a decision of the Iraqi parliament and on July 31, the Iraqi Prime Minister's Office responded to the book and called for an examination of the names of these persons and the value of their dues."
He added that "the work is going well," adding that "a delegation from the Ministry of Martyrs and the relevant authorities in the region will visit the capital Baghdad to clarify this issue more."
Saleh pointed out that "more than 79 thousand people of the martyrs and Anfal people in the region, the total salaries of 34 billion and 769 million dinars," pointing out that "of the 20 thousand and 563 political prisoners receive more than five thousand of them pay only, Their salaries are two billion dinars. "
Iraq, Jordan consider Joint Industrial Zone
Jordanian Prime Minister, Omar Razzaz, on Monday met with Iraqi Defence Minister, Irfan Hayali, to discuss the Jordanian-Iraqi relations.
Razzaz underlined the depth of the historic Jordanian-Iraqi relations and the keenness to enhance joint cooperation to serve the interests of both countries and their peoples.
The premier also pointed to the directives of His Majesty King Abdullah II to increase cooperation and integration between the two countries.
Hayali conveyed the greetings of Iraqi Prime Minister, Haider al-Abadi, to the prime minister as well as his keenness to cooperate in all civil and military fields.
He pointed to the importance of the agreement signed yesterday between the two countries on military and security cooperation, exchange of expertise and information in the field of border protection, capacity development, and combating terrorism.
The meeting also dealt with the Turaibeel border crossing and the need to focus on promoting trade and investment exchange and establishing a joint industrial zone near the border between the two countries.
German Companies Encouraged to Invest in Kurdistan
Prime Minister Nechirvan Barzani received the new Consul General of Germany to the Kurdistan Region, Ms. Barbara Wolf and her accompanying delegation.
In the meeting, which was also attended by Kurdistan Regional Government’s representative in Germany, Mr. Dilshad Barzani, Consul General Wolf thanked the KRG for its assistance to the German Consulate General in Erbil.
She stressed further developing bilateral relations and cooperation with the Kurdistan Region. She reiterated the continuation of humanitarian and military assistance, provided by Germany to the Kurdistan Region. She also stressed encouraging German companies to invest in the Region.
Prime Minister Barzani congratulated Consul General Wolf for her new position and wished her success in her duties. He thanked the German government for its humanitarian and military support to the Kurdistan Region, particularly in the field of the reform of the Ministry of Peshmerga Affairs. He expressed his government’s desire to further strengthening bilateral relations.The formation of the new Iraqi government and the developments in the wider region were also discussed in the meeting.
Iraq signs memorandum of cooperation with Iran
BAGHDAD (Reuters) - Iraq on Tuesday signed a memorandum of understanding on border cooperation with Iran.
The meeting took place Tuesday morning between the commander of the Iranian border guards Brigadier General Qassim Rezaei, and his Iraqi counterpart Hamed Abdullah Ibrahim al-Husseini and the delegation accompanying him," the Fars news agency reported.
"The meeting is considered the seventh meeting between the border guards commanders of the two countries, where they discussed issues related to the common borders and the signing of a memorandum of understanding for border cooperation," the agency said.
The Iraqi Foreign Ministry announced earlier, its rejection of the principle of the embargo on any country, which affects the basic level of peoples in various social strata, indicating that Iraq recalls the positions of neighbor neighboring Iran to stand by him in the crises. Finished
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Kauaihn Iraq Articles:d
Candidate Winner: The position of Prime Minister is currently confined between the Blocs of Fatah and Victory
Tuesday 14 August 2018 - 12:40 PM
Mohammed Saleh Al-Daraji
The winner of Fateh bloc Mohammed al-Darraji announced that the post of prime minister is now confined to the Fatah and Nasr blocs, with the possibility of an independent figure not following these two alliances if the politicians prefer to abide by the religious directives of the recent religious authority, which stresses the need to choose a strong, To form a government that would build a state.
Al-Daraji told al-Marabid that Iraq has lost the prestige of the state over the last four years, and this is evident in a number of sectors and important files, notably the ports sector in Basra province, which said that organized gangs and official characteristics are controlled by the state. .
He added that all current dialogues between the political blocs revolve in the axis of personal interests without thinking the best way to build the Iraqi state where most of the political blocs to get positions and not accept the resort to the opposition, noting that clinging to the chair makes it difficult to choose alternative to take office. d
Biggest parliamentary bloc 'may be declared within two days: sources
The biggest parliamentary bloc is about to be declared, and the coming few days will further reveal the structure of that bloc, according to sources familiar with the parties' ongoing negotiations.
The sources, who asked to remain anonymous, said there have been intensive talks over the past few days among Victory alliance, State of Law, Fatah alliance and National Wisdom Movement for cutting a deal on the biggest bloc that will form the coming Iraqi government.
"Talks have reached very advanced stages," the sources noted.
'
"Talks have reached very advanced stages," the sources noted.
'
Till now, no party has officially signed on any agreement. But there are talks and efforts to include Sunnis and Kurds to the biggest bloc," they noted.
Raed Fahmi, a leader within Sairun, led by Sadr, said that the real negotiations for forming the government will start after the supreme federal court approves the results of the elections.
This comes amid reports suggesting Fatal alliance and State of Law, who are close to Iran, won't be able to form the biggest bloc under the dome, noting Sadr will announce the biggest bloc in partnership with Victory alliance, Change Movement, NWM and Al-Wataneya.
Raed Fahmi, a leader within Sairun, led by Sadr, said that the real negotiations for forming the government will start after the supreme federal court approves the results of the elections.
This comes amid reports suggesting Fatal alliance and State of Law, who are close to Iran, won't be able to form the biggest bloc under the dome, noting Sadr will announce the biggest bloc in partnership with Victory alliance, Change Movement, NWM and Al-Wataneya.
The US State Department lists the terrorist "Qassem al-Mumin" as the leader of the Al-Askar militia on the terrorism list
Tuesday August 14, 2018
The US State Department categorized Iran as "a global terrorist" and accused it of carrying out "terrorist" acts in Bahrain.
"Qassem 'Abdallah Ali Ahmad, known as Qassem al-Mumin, was classified as a global terrorist under section 1 (b) of Executive Order 13224, which imposes penalties on foreign persons who have committed, or pose a significant potential threat," the ministry said in a statement. To commit future terrorist acts. "
The classification "seeks to deprive the insured of the resources necessary to plan and carry out terrorist attacks.
Among other consequences, all his property and interests under the jurisdiction of the United States are banned, and American persons are generally prohibited from entering into any transactions with him. "
She pointed out that "the believer is one of the leaders of Iran-based Ashtar militia, an organization classified as (foreign terrorist) by the United States," accusing it of trying to "overthrow the Bahraini government."
The State Department noted that "the Insured recruited personnel in Bahrain, facilitated weapons and explosives training for members of an organization, provided them with funding, weapons and explosives to carry out attacks in November 2017." He continued that "the Bahraini authorities identified the insured as being involved in a plot to assassinate prominent figures In Bahrain and targeting three oil pipelines. "
Shaalan al-Karim: Leaders of the political blocs promoted the "bid'ah" parliamentary interrogations before .. This is its goal
2018/08/14 00:43
Baghdad today - Baghdad
A former member of the House of Representatives Shaalan al-Karim said that the fight against corruption and accountability of spoilers is linked to the change of the current political system, pointing out that the financial haggling and political purposes were behind the interrogations of officials during the previous parliamentary sessions.
"The supervisory committees did not reveal any file of corruption because of the political quotas, compliments and pressures exerted on its work," he said in an interview with Baghdad today.
He added that "the questioning of officials during the parliamentary sessions that ended, was not because of corruption, but for the purpose of financial bargaining or political fringe."
The former MP pointed out that "the issue promoted by some on the sectarian targeting of the official result of corruption, a heresy promoted by the leaders of the political blocs to cover up the corruption of officials under their control."
Demonstrations and sit-ins continue in their fourth week in central and southern Iraq to demand services, eliminate corruption and provide job opportunities for the unemployed, making it harder to form a new government.
On Saturday, July 24, 2018, the demonstrators decided to turn their protest to sit-ins in front of oil companies and local government offices in the southern provinces, demanding services from water, electricity and opportunities. the work.
The next day, political parties rushed to resume negotiations to form a new government after Sistani's demand to accelerate the formation of a new government based on technocrats and led by a "strong and courageous" prime minister.
On August 7, 2018, Abadi announced that a number of former ministers and senior officials had been referred to the Integrity Commission for corruption in dilapidated school contracts in several provinces.
Abadi backs down: We will not abide by all US sanctions on Iran.
14/08/2018 - 01:50
BAGHDAD (Reuters) - Iraqi Prime Minister Haidar al-Abadi has stepped down from his commitment to new US sanctions on Iran, saying his government would only stick to a dollar ban on trade with Tehran.
"Our commitment to Iran is not to deal with the dollar and not to abide by US sanctions," Ebadi was quoted by state television as saying at a news conference.
Abadi said last week that Iraq disagreed with the United States on imposing sanctions on Iran but would abide by it to protect its interests, drawing criticism from Iraqi politicians allied to Iran and the Islamic Republic.
The United States and Iran are allies of Iraq, although their differences are growing. The US sanctions put the caretaker government headed by Abbadi in a difficult situation.
The sanctions target Iran's trade in gold and other precious metals and its purchases in US dollars and its auto sector.
Asked if Baghdad would stop imports of state-owned goods, equipment and equipment from Baghdad, Abbadi said it was still under discussion.
We have not taken any decision on this matter frankly and we have not discussed this yet.
Sources reveal the features of the largest parliamentary bloc .. And includes .. and the date of announcement
Tuesday, 14 August 2018 12:33 pm
Revealed a source within the negotiating committees of political parties and blocs, close to the announcement of the largest parliamentary bloc, which will cost the formation of the new Iraqi government, while referring to the two days will see the appearance of features of this bloc.
The source, who preferred not to be named, said in a press statement that "the past days have seen intensive dialogues between coalitions (victory, conquest, wisdom, state law), in order to reach final agreements on the largest bloc," noting that " Very advanced stages, and got a semi-final agreement on the alliance between these bodies. "
The source, who preferred not to be identified, said that "so far there is no official signature between these parties, as the parties seek to include Kurdish and Sunni parties to the largest bloc," pointing out that "within two days will show the features of this bloc, and political parties belonging to it "He said.
The political lists are waiting for the approval of the Federal Supreme Court, the results of the elections, after the final declaration according to counting and sorting by hand, as the lists seeking to attract the other parties in an effort to form the largest bloc in preparation for nominating a candidate for the presidency of the next government.
The leader of the alliance of Sawson, Raed Fahmi stressed that the real and final negotiations to form the next government will begin after the ratification of the Federal Court on the recent results of the 2018 elections.
The press reports had earlier reported that the alliance of Fatah and the rule of law will not be able to form the largest bloc, while indicated that the leader of the Sadrist movement, Moqtada al-Sadr, will announce a "rescue the homeland" in agreement with patriotism, wisdom and victory.
Khamenei: There will be no war with America
Said Americans were exaggerating the possibility of their outbreak
14/08/2018 - 02:17
TEHRAN (Reuters) - Supreme Leader Ali Khamenei ruled out any military confrontation with the United States on Monday, state television said.
"Recently, American officials have been talking about Iran," Khamenei said in a televised address. "They talk about war and negotiations ... exaggerating the possibility of war with Iran. There will be no war ... we have never started wars and they will not face Iran militarily. "
Iranian Foreign Minister Mohammad Javad Zarif told Qatar-based al-Jazeera television that his country would not curb its influence in the Middle East despite growing US pressure on Tehran to limit its activities in the region.
"Iran will not change its policies in the region because of American sanctions and threats," Zarif was quoted as saying on Monday.
US President Donald Trump withdrew in May from a nuclear deal signed with Tehran in 2015 and said he had not dealt with Iran's ballistic missile program or its nuclear activities beyond 2025 nor its role in ongoing conflicts in Yemen and Syria.
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Alsumaria News / Baghdad
The Federal Reserve Bank is pursuing five new Iraqi banks as well as the Islamic Bank of Iraq, according to news reports Sunday.
CRYPTO'S / DIGITAL CURRENCY
Baghdad: Al-Quds Al-Arabi: The latest position of Iraqi Prime Minister Haider al-Abadi, and the declaration of Baghdad's commitment to the imposition of sanctions imposed by Washington on Tehran, contributed to the decline of his chances of assuming the post of head of the next government, in addition to his contribution to "deepening dissent" »Who leads it.
In addition, the position of the coalition «State of law» led by al-Maliki, and the alliance «Fatah» led by Hadi Amiri, the crisis between Iran and the United States, the opportunity to form the largest parliamentary bloc, and the choice of the next prime minister, away from the coalition «Sarun», supported by the leader of the Sadrist movement , Moqtada al-Sadr.
This comes at a time when Mujtaba al-Husseini, the representative of the Iranian leader Ali Khamenei in Iraq, an attack on Abadi because of his position on US sanctions on Iran, and described him as «irresponsible and self-defeating against America».
"We regret his position. He expresses his defeat towards America "as" does not fit with the Iraqi spirit, which has presented great tournaments in the fight against a supporter supported by America. "
An Angry Kremlin Faces New Rounds of U.S. Sanctions
GLOBAL/NEWS/INFO
Today in History
7-Eleven Is Giving Away Free Slurpees All Week Long. Here’s How to Get One
Money
Money
Just in time before summer ends. Read the full story
What Do Financial Advisors Actually Do?
Forbes Magazine
What do I do for clients? I’ve run into this question a lot lately. The term “financial advisor” can mean lots of different things—different approaches, different expertise and different daily routines. These are some of the actual tasks my clients and I complete when we work together. Read the full story
This Founder is Setting the Example for What a High-Growth Female-Led Cannabis Business Looks Like
Forbes Magazine
Brittany Carbone, founder and CEO of TONIC, a CBD wellness company, shares why CBD is having a moment right now, the hardest part of building her company, plans for growth, and her vision for empowering women-led cannabis businesses. Read the full story
With this simple strategy, 'You can't avoid becoming a millionaire'
USA TODAY
You don't need a lot of money to start investing. What you need is time. If you save $5 a day in an account with a 10 percent annual return, you'll have around $30,000 in 10 years, $330,000 in 30 years and $2.3 million in 50 years. Read the full story
5 Habits That Will Prevent You From Getting Rich
The Motley Fool
We all want to be wealthy, or at least comfortable. But if you uphold these tendencies, you're less likely to get there. Read the full story
"CBS Weekend News" headlines for Sunday, August 12, 2018
CBS News
Here's a look at the top stories making headlines on the "CBS Weekend News" with Elaine Quijano. Read the full story
5 major headlines to start the week
ABC News
Before you begin your week have a look back at the top stories of the weekend. Read the full story
OIL/COMMODITIES/ENERGY
Gold Prices Hit 17-month Low, Nearing $1,200
Investing.com
Investing.com
© Reuters. Gold heads lower as dollar strength dampens demand Read the full story
Gold Price Drops as Turkey Lira Crisis Boosts Demand for U.S. Dollar
Investing.com
© Reuters. Gold prices fell on Monday Read the full story
Gold Dips Below $1,200 as Metal Loses Allure in Risk-Off Trade as Dollar Surges
TheStreet
Gold prices fell below $1,200 an ounce for the time in more than a year and half Monday as investors dumped the precious metal in favor of save haven assets paying higher yields amid the ongoing currency crisis in Turkey. Gold prices fell below $1,200 an ounce for the time in more than a year and half Monday as investors dumped the precious metal in favor of save haven assets paying higher yields amid the ongoing currency crisis in Turkey. Spot gold, or prices for immediate purchase and delivery Read the full story
Crude Oil Prices - Weekly Outlook: August 13 - 17
Investing.com
© Reuters. U.S. crude posts 6th straight weekly loss Read the full story
Oil Prices Drop as Slowing Economic Growth, Global Trade Tensions Weigh
Investing.com
© Reuters. Oil prices fell on Monday Read the full story
US dollar strength could soon become an 'unbearable burden' on the oil market, analyst says
CNBC
The prospect of continued strength in the U.S. dollar over the coming months should constitute an even greater concern to bullish oil traders than an escalating trade war between the world's two largest economies, an analyst told CNBC on Monday. Read the full story
BANKS/BANKING/CREDIT
New loan programs target home buyers with just 3% down—or less
MarketWatch
MarketWatch
Fannie Mae and Freddie Mac are designing loan products for hopeful home buyers with low savings. Read the full story
Best Small Business Credit Cards Offers (Up to $1000 in Rewards)
Forbes Magazine
The best small business credit cards come in many shapes and sizes. Do you want cash back or travel rewards? On which purchases do you want to earn bonus rewards points? There is an ocean of best business credit cards for travel to choose from, so picking the right one is important. Read the full story
Intel: Barclays And Goldman Downgrades Reveal How Wall Street Really Works
Forbes Magazine
From the transcript of Intel’s Q2 earnings call, you would not think there was anything to worry about. But within 10 days, Barclay’s and Goldman Sachs both downgraded Intel. Was there another call where the bad news was discussed? Read the full story
JP Morgan credit-card users get upgraded as rewards travel portal switches to Expedia
CNBC
Credit-card customers who redeem rewards through the bank's web portals will have access to more than double the travel inventory starting Sunday, according to a person with knowledge of the change. The New York-based bank is partnering with the Expedia Group, which owns sites including Travelocity, Orbitz and Hotwire.com, to power its travel search engine. Read the full story
Interoperability May Pit Payments Banks Against Mobile Wallets
Inc42 Media
Even as the Reserve Bank of India (RBI) is working on guidelines for enabling interoperability of mobile wallets, payments banks have raised a concern regarding the matter, saying that this may put their services at a disadvantage. Once the interoperability of mobile wallets comes into effect, one can easily transfer money between wallets. Prepaid cards are also... Read the full story
The US Federal Reserve is pursuing five Iraqi banks
Sunday 12 August
Alsumaria News / Baghdad
The Federal Reserve Bank is pursuing five new Iraqi banks as well as the Islamic Bank of Iraq, according to news reports Sunday.
"The US Federal Reserve is pursuing five new Iraqi banks," the report quoted diplomatic sources in Iraq as saying. "A team of American advisers is in Iraq to follow up on these banks, which may be subject to the same sanctions imposed on the country's Islamic bank."
The sources pointed out that "the investigations on the relationship of these banks, or exploitation by Iran in the remittances began since the era of former US President, Barack Obama, but only sued one bank only."
According to the sources, "investigations have been activated during the past months, including investigations," according to sources, "money transfer of funds, in addition to suspicious transfers of money to Lebanon, and then to Syria, along with some Asian countries and Eastern Europe.
Last year the United States put the Iraqi Islamic bank Ilaf on the black list.
Blacklisting forces banks to choose between severing ties with Iranian institutions targeted by US sanctions, or cutting off the US financial system.
TREASURIES/BONDS/STOCKS
Top 5 Things To Know In The Market On Monday
Investing.com
Investing.com
© Reuters. Top 5 things to know today in financial markets Read the full story
Markets Now: Dow Slumps 76 Points Because Turkey’s Still a Very Big Problem
Barron's
The lira's continued weakness has U.S. markets slipping Monday morning. Read the full story
These 5 indicators suggest stocks will break out to new highs
Cresset Wealth's Jack Ablin cites easy money's resurgence as a reason to get more bullish on stocks.
Turkey has action plan to ease market concerns, minister says, as lira plunges again
Reuters
Turkey has drafted an action plan and will start implementing it on Monday morning to ease investor concerns, Finance Minister Berat Albayrak said on Sunday, after the lira plunged to a fresh record low in early Asia Pacific trade. Read the full story
Why one market bull predicts millennials, baby boomers will help the US notch an economic milestone
CNBC
Yardeni Research’s Edward Yardeni sees consumer spending trends lifting the market by warding off inflation. Read the full story
Why You Should Care About the Yield Curve
TheStreet
The yield curve remains a hot topic on Wall Street as the Federal Reserve pushes forward with its interest rate increases. That yield curve. While the Federal Reserve recently announced they were holding interest rates steady as of August 1, the stage is set for more increases down the road. After slashing the Fed Funds rate to near zero by the end of 2008 from 4.75% the previous year, the Fed reversed course slowly, starting with one 0.25% increase at the end of 2015. By the end of June, the Read the full story
Fidelity's zero-cost funds – should you switch?
CBS News
Here's what to know before moving your money into investing giant's new index funds with unprecedented 0% fee Read the full story
CRYPTO'S / DIGITAL CURRENCY
Bitcoin Price Move Past $6.5K Would Boost Upside Potential
CoinDesk
CoinDesk
Bitcoin's corrective rally could gather steam above the key descending trendline hurdle of $6,480. Read the full story
Crypto Millionaire Lost 5,500 Bitcoins in Alleged Investment Scam
CoinDesk
A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand. Read the full story
Bitcoin Isn't Giving Up Ground As Etherum and Ripple Fall -- Here's Why
Forbes Magazine
The bitcoin price, which last week looked set to fall under the psychological $6,000 mark after a substantial sell-off, has managed to hold its ground over the last few days... Read the full story
Crypto Trading 101: Simple Charting Patterns Explained
CoinDesk
Are you good at spotting anomalies in complex problems? Charting just might be for you. CoinDesk offers its basic guide for eager intro traders. Read the full story
Bitcoin Investing Is Creating Giant Tax Headaches for Hedge Funds
FORTUNE
Cryptocurrency investing is spelling tax trouble for individual and institutional investors alike. Dozens of hedge funds investing billions of dollars in cryptocurrencies don’t know if they’re calculating their taxes correctly, which may be a problem now that U.S. authorities have said they’re going to be scrutinizing virtual currencies. Just like individual taxpayers, institutional investors that have plunged into Bitcoin, Ether and other digital currencies are finding there are few guidelines Read the full story
CURRENCIES
Dollar lifted as Turkey currency carnage continues
MarketWatch
MarketWatch
Turkey’s currency crisis continues, lifting the dollar and haven currencies, such as the Japanese yen. Read the full story
Euro on defensive as Turkish crisis sparks rush to safety
Reuters
The euro was under pressure in Asia on Monday as fears about the exposure of European banks to crisis-hit Turkey sent investors scurrying to safe havens including the U.S. dollar, Swiss franc and yen. Read the full story
Erdogan warns businesses not to withdraw foreign currency
ABC News
President warns of drastic measures if businesses withdraw foreign currency. Read the full story
Forex - Euro Down, Safe Haven Currencies Higher on Turkish Lira Crash
Investing.com
© Reuters. Euro down, safe haven currencies higher on Turkish lira crash Read the full story
Turkish lira hits fresh low as Erdogan’s currency crisis echoes through stock markets
MarketWatch
Turkey’s plunging currency is stoking anxieties on Wall Street and throughout global markets. On Sunday, the Turkish lira put in fresh lows against the U.S. dollar, down more than 6% in Asian trading hours. Read the full story
INSURANCE / HEALTH / SCIENCE
Escape from the Mayo Clinic: Parents break teen out of world-famous hospital
CNN
CNN
Alyssa Gilderhus' family begged for her to be sent to the Mayo Clinic. They never thought they'd have to help her escape a few months later. Read the full story
Who Shouldn't Consume Curcumin or Turmeric?
NutritionFacts
Following flax and wheatgrass, turmeric is the third best-selling botanical dietary supplement, racking up $12 million in sales. Currently, sales are increasing at rate of 20 percent. Read the full story
Here's How to Make Sure Your Doctor Is Listening to You
Brit + Co
Don't be afraid to speak up for yourself. Read the full story
Your genes may hold the key to curing cancer, groundbreaking therapies suggest
OZY NEWS
Personalized immunotherapy is emerging as the latest frontier in cancer treatment. Read the full story
USA/CANADA
Do this to avoid a nasty tax surprise next spring
CNBC
CNBC
Crunching your pay stub numbers on the withholding calculator from the IRS is a good start to head off an unexpected tax bill next April, but it might not be enough. Here’s why you should talk to your accountant before you make any adjustments. Read the full story
NYC real estate tops new list with the most expensive per square foot rates in the US—some over $10K
CNBC
A new report from real estate and data analytics firm NeighborhoodX reveals the central borough of New York City is the most expensive place to buy in the country on a per square foot basis. Read the full story
Treasury Redefines Tax Cut Restrictions To Give Wealthy Even More Breaks
Forbes Magazine
New interpretations by the Trump Treasury department has expanded some major tax breaks to groups that Congress specifically excluded in its massive tax cut last year. Read the full story
The IRS is cracking down on this small business tax break. What it means for you
CNBC
If your CPA told you to wait before making dramatic moves on your tax planning, thank him or her. The IRS has put the kibosh on a few strategies. Read the full story
Trump backs boycott of Harley Davidson in steel tariff dispute
Reuters
President Donald Trump backed boycotting American motorcycle manufacturer Harley Davidson Inc on Sunday, the latest salvo in a dispute between the company and Trump over tariffs on steel. Read the full story
Alaska's North Slope Hit by Strongest Quake Ever Recorded in the Region
TIME
Alaska's North Slope was hit Sunday by the most powerful earthquake ever recorded in the region, the state's seismologist said Read the full story
An 11-year-old changed election results on a replica Florida state website in under 10 minutes
PBS NewsHour
An 11-year-old on Friday was able to hack into a replica of the Florida state election website and change voting results found there in under 10 minutes. Read the full story
Saudi Arabia calls Canada one of the world's worst oppressors of women in bizarre crusade
Business Insider
Saudi media unleashed a bizarre smear campaign targeting Canada's treatment of women this past week. It highlighted, for example, the disappearance of 1,000 indigenous women over the last hundred years, without mentioning steps taken in recent years to mitigate the problem. In Canada, women have full legal rights to seek employment, access abortion services, and express their gender identities as they see fit. Women in Saudi Arabia have to get permission to marry, get an advanced education, a Read the full story
Experts warn Canada is not immune to global financial contagion: Don Pittis
CBC News
Canada has been riding high in the slipstream of a roaring U.S. economy. But there are early signs that trouble is brewing. Read the full story
EMERGING MARKETS
Forex - Emerging Market Currencies Hit by Rout in Turkish Lira
Investing.com
Investing.com
© Reuters. Emerging market currencies hit by rout in Turkish lira Read the full story
As emerging markets get crushed, reasons to own the space are cropping up
CNBC
Investors might find opportunities amid the rubble of the Turkish lira, but the key is being selective, Chantico Global's Gina Sanchez says. Read the full story
Turkish lira crisis sends shock waves across emerging-market funds
MarketWatch
Emerging-market assets are under pressure on Friday as troubles in Turkey’s currency stoked a broader concern about contagion in economies and assets in other regions viewed as so-called emerging market. Read the full story
Thousands of Puerto Ricans displaced by Hurricane Maria could be forced out of their temporary homes
The Independent
The calls, warning that they soon would have to leave and find their own places to live, came by robot. Read the full story
A Mental Health Crisis Unfolds in Puerto Rico's "Living Emergency"
Mother Jones
This story was originally published by the Guardian. It appears here as part of the Climate Desk collaboration. For the first 36 hours after Hurricane Maria, five-year-old Keydiel and his mother Shaina were trapped by the toppled trees that blocked the doors to their home in Yabucoa, Puerto Rico. Eventually, neighbors cleared the sturdy tamarind trees, cutting by hand because... Read the full story
MIDDLE EAST
Five-nation deal paves way for tapping Caspian riches
Aljazeera
Aljazeera
The leaders of Russia, Kazakhstan, Iran, Turkmenistan and Azerbaijan have signed a landmark deal on the legal status of the resource-rich Caspian Sea, taking a big step towards resolving 22 years of dispute with the prospect of massive financial gains. The five nations sharing the Caspian coastline agreed in the Kazakh city of Aktau on Sunday to treat the largest inland body of water in the world as a lake and a sea at the same time. Defining it a lake would mean the Caspian should be divided Read the full story
Iran cancels visit to Abadi and Khamenei's representative describes his remarks as "irresponsible"
Disturbed by his position on US sanctions
Iraqi sources said that Iran canceled the visit of Iraqi Prime Minister Haider Abadi to Tehran, after announcing that Baghdad will abide by the latest US sanctions on Iran, while a former Iranian diplomat on Sunday that Abadi's comments on US sanctions against Tehran «does not represent the Iraqi state or government .
Abadi was due to visit Iran later this week.
Abadi has already declared that Iraq will abide by sanctions in order to protect the interests of Iraqis.
The Iraqi political sources familiar with the "AFP", that Iranian officials are not satisfied with Abadi's recent statements on US sanctions against Iran.
"The statements of the irresponsible Iraqi prime minister ... are not consistent with the fulfillment of the honorable positions of the Islamic Republic," said Mujtaba al-Husseini, a representative of Supreme Leader Ayatollah Ali Khamenei in Iraq.
The Iraqi prime minister said last Tuesday that his government is obliged to support US sanctions imposed on Iran over the withdrawal of Washington from the nuclear agreement with Tehran.
Abadi said that his country had suffered the international embargo for 12 years, stressing its commitment to protect the Iraqi people and interests in reference to the intention of his country to implement the sanctions.
The former Iranian diplomat Hadi Horizon, that the statements of Iraqi Prime Minister Haider Abadi on US sanctions against Tehran «does not represent the state or the Iraqi government».
The Iraqi government figures confirmed their rejection of the sanctions as President Fuad Masum or Foreign Minister Ibrahim al-Jaafari, as well as Nuri al-Maliki, the former prime minister of Iraq, and many Iraqi figures participating in the elections. Current Government ».
"Abadi's statements may be aimed at getting support for a new session of his presidency, but in any case they do not represent the official position of Iraq or the Iraqis," he said.
On Monday, the United States decided to resume tough and wide economic sanctions against Tehran.
Iran said to cancel visit by Iraq's prime minister
ABC News
ABC News
An Iraqi official says Iran has cancelled a visit to Tehran by Prime Minister Haider al-Abadi following his declaration that Baghdad will abide by the latest U.S. sanctions against Iran Read the full story
Abadi's position on US sanctions on Iran keeps him away from the premiership and deepens the divisions in his coalition
Maliki and Ameri closest to form the largest bloc ... Allawi warns of the political majority
Aug 13, 2018
Baghdad: Al-Quds Al-Arabi: The latest position of Iraqi Prime Minister Haider al-Abadi, and the declaration of Baghdad's commitment to the imposition of sanctions imposed by Washington on Tehran, contributed to the decline of his chances of assuming the post of head of the next government, in addition to his contribution to "deepening dissent" »Who leads it.
In addition, the position of the coalition «State of law» led by al-Maliki, and the alliance «Fatah» led by Hadi Amiri, the crisis between Iran and the United States, the opportunity to form the largest parliamentary bloc, and the choice of the next prime minister, away from the coalition «Sarun», supported by the leader of the Sadrist movement , Moqtada al-Sadr.
This comes at a time when Mujtaba al-Husseini, the representative of the Iranian leader Ali Khamenei in Iraq, an attack on Abadi because of his position on US sanctions on Iran, and described him as «irresponsible and self-defeating against America».
"We regret his position. He expresses his defeat towards America "as" does not fit with the Iraqi spirit, which has presented great tournaments in the fight against a supporter supported by America. "
Sadr's deadline is approaching its fifth day and the political blocs have not responded so far
2018/08/13 00:00
Baghdad today _ Baghdad
Al-Sadr alliance, backed by the leader of the Sadrist movement Moqtada al-Sadr, confirmed that the political blocs have not yet responded to the conditions of the latter on forming a government.
The leader of the coalition Hussein Najjar, for (Baghdad today), that "4 days passed the deadline announced by Sadr to the political blocs on the conditions set for participation in the new government or go to the political opposition and popular," asserting that "all the blocks did not respond to Official to this moment on his terms. "
Iran sanctions: Iraqi merchants fear unknown future
Aljazeera
Aljazeera
The Central Bank of Iraq has prohibited all Iraqi banks from conducting business with Iran in US dollars. Iraq shares a 1,500km border with Iran; goods and people cross daily. Iran is Iraq’s second-largest trading partner, exporting everything from fruits and vegetables to fuel and home furnishings. For a decade, Iran has also provided electricity Iraqi border towns. Merchants are unsure how to conduct business in the unpredictable climate caused by the new US sanctions and with no guidance Read the full story
Three Palestinians are buried as Israeli forces 'neutralize incendiary balloon' from Gaza
Mondoweiss
Palestinians held funerals for three killed by Israel in recent day, including pregnant mother Enas Mohammad Abu Khammash, buried along with her 18-month-old daughter Bayan. Meantime, Israelis reported that a "huge" 13-foot long incendiary kite from Gaza landed on a kibbutz's electrical wires, causing great concern. Read the full story
Turkey's Erdogan says lira weakness a plot, cannot be explained by logic
Business Insider
Turkish President Tayyip Erdogan addresses members of his ruling AK Party in Rize Thomson Reuters ISTANBUL (Reuters) - Turkish President Tayyip Erdogan said on Sunday the current level of the lira and fluctuations in the exchange rate could not be explained by logic, and its recent plunge showed a plot against Turkey. Speaking to a crowd of supporters in the Black Sea coastal city of Trabzon, Erdogan repeated his call to Turks - for the third day in a row - to sell euros and dollars to shore up Read the full story
The reason Turkey's economic collapse is so scary is because Iran, Russia, and Syria are waiting in the wings
Business Insider
Lots of things are going wrong in Turkey, all at once, driven by the collapse of its currency, the lira. The West needs Turkey to be strong: Turkey is a physical buffer between Europe and the war in Syria. US sanctions have annoyed Turkish president Erdoğan, who says he is now in search of "new friends." The worst-case scenario? Potential "new friends" include Iran, Syria, and Russia - Turkey's neighbours, who also suffer from US sanctions. What if Turkey collapses? It's not outside the realm of Read the full story
Report: Mass torture in network of UAE-run prisons in south Yemen
Aljazeera
A report obtained by Al Jazeera alleges that detainees in a network of clandestine prisons set up by the United Arab Emirates across southern Yemen have been exposed to a host of brutal interrogation techniques that included physical and psychological torture. The report - which was provided by Yemeni military figures who worked with the Saudi-UAE coalition battling Yemen's Houthi rebels - described scenes of sexual abuse by Emirati army personnel and their Yemeni surrogates. Individuals endured Read the full story
AFRICA
Engineer Recycles Glass to Make Eco-Friendly Bricks
AllAfrica
AllAfrica
(Photo: Diane Mushimiyimana/The New Times) Disposal of tonnes of waste glass is a major environmental challenge but one Rwandan says he has found an answer by recycling glasses and ceramic waste. Eng. Aimable Mutabazi, 32, a graduate from the University of Rwanda, set up a brick manufacturing and construction company, Byiza Vuba Ltd, where glass bottles and ceramics are recycled to make glass concrete bricks. "The glass aggregate we use comes from used glasses and bottles, windows and car Read the full story
Africa open for e-commerce
FurtherAfrica
Online and mobile payments are taking off in Africa as a combination of improved internet access, advanced financial systems and widespread mobile penetration help spur demand for services. Read the full story
China is selling its 'Big Brother' surveillance technology to a country with a poor human rights record
Business Insider
Zimbabwe's President Mugabe and his Chinese counterpart Xi attend a signing ceremony at the Great Hall of the People in Beijing Diego Azubel/Reuters By 2030 China plans to build a $150 billion industry by becoming a world leader in the field of artificial intelligence. China seeks to continue its already sizable investment in Africa, and many parts of Africa are now essentially reliant on Chinese companies for their telecoms and digital services. CloudWalk Technology, a Chinese start-up, signed Read the full story
Searing heat made could make countries in North Africa and along the Persian Gulf unlivable
NBC News
In the fertile Nile Delta, rising sea levels and a rising water table are already cutting into Egypt’s precious 4 percent of arable farmland. Read the full story
ASIA
Asian Markets Tumble Amid Turkish Currency Crisis
Investing.com
Investing.com
© Reuters. Asian markets were mostly lower in afternoon trade on Monday Read the full story
PetroChina Considers Halting Purchases of U.S. LNG Amid Trade War
Investing.com
© Reuters. PetroChina Considers Halting Purchases of LNG Amid Trade War Read the full story
China may well offer financial help to Turkey, but it will not turn around the troubled lira
South China Morning Post
The Chinese government may well offer help to Turkey to build a bridge to another country hit by US trade sanctions Read the full story
Asian shares decline amid investor worries over Turkey
Asian markets traded lower early on Monday after investor sentiment took a hit amid the slump in the Turkish lira.
China Seeks Influence in Europe, One Business Deal at a Time
The New York Times
A mysterious Chinese company went on a buying binge in the Czech Republic following Xi Jinping’s call for greater sway in the region. What was the cost? Read the full story
China, Japan mark 40th anniversary of peace and friendship treaty
South China Morning Post
Li Keqiang and Shinzo Abe exchange messages as relations continue to thaw Read the full story
70,000 rally in Okinawa over US military base relocation
Aljazeera
Tens of thousands of protesters gathered on Saturday in Okinawa vowing to stop the planned relocation of a US military base on the southern Japanese island. Opponents of the relocation say the plan to move US Marine Corps Air Station Futenma from a crowded neighbourhood to a less populated coastal site would not only be an environmental debacle but also ignores local wishes to have the base moved from the island entirely. About 70,000 people gathered at park in the state capital of Naha under Read the full story
EUROPE
The New York Times
President Vladimir V. Putin has nimbly exploited differences between Washington and its allies, but he has yet to translate that into fewer sanctions against Russia. Read the full story
Russia's Lavrov says Putin-Trump meeting possible to improve relations:
RIAReuters
Russian President Vladimir Putin and U.S. President Donald Trump may meet if they feel the need to focus on improving relations, Russian Foreign Minister Sergei Lavrov said on Sunday, according to the RIA state news agency. Read the full story
Opinion: Trump’s trade deal with the EU is hardly a breakthrough
MarketWatch
U.S. negotiators were naïve to expect that a deal with the EU would radically redress the $150 billion trade deficit with Europe, writes Peter Morici. Read the full story
European bank stocks lose more ground as concerns on Turkey spread
Reuters
Shares in Europe's major banks lost further ground on Monday, as concerns about Turkey's deepening currency crisis spread to other emerging markets. Read the full story
Firms 'struggling to recruit as EU workers stay away'
BBC News US
The tighter labour market is boosting wages for some staff, says HR trade body the CIPD. Read the full story
112 seats switch to support UK staying in EU - poll
Sky News
More than 100 parliamentary seats that backed Brexit in the 2016 referendum have flipped to support staying in the EU, according to a major new poll. Read the full story
Disorder, deal or dead-end: How will Brexit play out?
Reuters
The United Kingdom is due to leave the European Union on March 29, yet little is clear: There is, so far, no divorce deal, rivals to Prime Minister Theresa May are circling and some lawmakers are pushing for a rerun of the 2016 referendum. Read the full story
d
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Monday 8/13/18 did update on the indicative rates Sell Rate 1190
The currency auction is 196,735,107
There is one news and announcements
1. New IMF publication
The International Monetary Fund (IMF) announced the publication Opportunities for All - Promoting Growth, Functionality and Inclusiveness.
August 14, 2018
The International Monetary Fund (IMF) announced the publication Opportunities for All - Promoting Growth, Functionality and Inclusiveness.
August 14, 2018
New IMF publicationThe International Monetary Fund (IMF) announced the publication Opportunities for All - Promoting Growth, Functionality and Inclusiveness in the Middle East and North Africa ... Click here to downloadThe report will pave the way for future agenda implementation by exploring key issues facing the Middle East and North Africa region in its efforts to promote inclusive growth and job creation, as well as policies aimed at promoting inclusive growth and key areas needed for faster and deeper progress.As well as the need to develop policies tailored to the country's conditions in a region as diverse as the Middle East and North Africa (MENA) region.
Value Traded
624,914,566
Shares Traded
433,366,256
ISX ended in Green
Kauaihn Chatter:dd
http://www.dinarguru.com/
8-14-2018 Newshound Guru chattels Quote: "Revealed the current national wisdom headed by Ammar al - Hakim, on Monday, ...the next three days will see the introduction of new names for prime minister." Ali Mohammad Al-Hussein Ali Al-Adeeb has been mentioned recently, but he is arguably a Maliki proxy. And, The man who may become Iraq’s next Prime Minister Jaafar al-Sadr is a strong candidate to take the top job, but there are plenty of obstacles in his way. Abadi heads the Iraqi Caretaker Government as PM until replaced and he is the choice of the U.S.
8-13-2018 Newshound/Intel Guru Mnt Goat They have to announce the newly elected chairman first. Then they must swear in the newly elected members of parliament.Then the winning party (Sadr Movement) presents their candidate for prime minister. He/she is then ratified by the new parliament to form his/her cabinet of ministries and give 90 days to do so. Remember this: When you hear the term “form the new government” this could be referring to two entirely different objectives. 1) is getting parliament members and the speaker back in session, the new president elected and his deputies or 2) it could mean the formation of the prime minister’s cabinet or both. So the articles are not always clear on the use of these terms. [post 2 of 2]
8-13-2018 Newshound/Intel Guru Mnt Goat Is the Iraqi government already formed? Again a rumor stating that it is already formed is just that - a rumor. On Monday 8/6 they announced the sorting and re-counting was completed. Then the rest of the week the judiciary oversite reviewed the results and finding from the judges assigned to the re-counting. On Friday 8/10 they made a decision to ratify the election results for all but three candidates now charged with corruption in the cabinet ministries. So these were not parliamentary members but members of Abadi’s council of ministers. Now that the election results are ratified by the judiciary they can hold the first session of parliament. They have not yet given us a date as to when this will happen. My guess is probably this week sometime. [post 1 of 2....stay tuned]
8-13-2018 Newshound Guru Kaperoni ...the very purpose of floating the currency is to counter inflationary pressure created by substantial investment. If you were to revalue...you would be circumventing that process. Not to mention the CBI will make money buying and selling blocks of currency ending the currency auction. Any such single event would circumvent the ability to profit as the dinar rises.
8-13-2018 Newshound/Intel Guru Mnt Goat Anyway that this happens, we are told they must watch for inflation in this process, as a sudden adjustment in the value of the dinar could cause prices to sore [soar ?] or even not adjust past the larger 3 zero notes. The prices must come down and adjust. This will not be deflation but an adjustment to equal value within Iraq. For instance, a 25,000 note will be worth $25 at a 1:1. Then as the rate adjust on the FOREX float and rises for example to $3.00 USD, this same note can be worth $75 in Iraq. So you can see the increase in purchasing power at the marketplace. It is all relative and not a “lop” being performed but an “redenomination”. [post 3 of 3]
8-13-2018 Newshound/Intel Guru Mnt Goat What to expect next from the CBI? So Eid al-Adha holiday in Iraq 2018 will begin in the evening of Tuesday August 21 and will end in the evening of Saturday August 25. I can assure everyone that the holiday has absolutely no significance in the timing of the reinstatement. FACT: The CBI is going to soon begin it’s long overdue educational program to the citizens on the reinstatement process and the launching of the newer category notes. This could come at the same time as the dinar is reinstated back on the currency exchanges or it might come days before. [post 2 of 3....stay tuned]
8-13-2018 Newshound/Intel Guru Mnt Goat Relax when it comes close to the reinstatement we will hear from the CBI. They have told me over and over again that when the time gets close, simply read the news media from Iraq. They fully intend to explain the process of the final stages of the “project to delete the zeros’ to the citizens. So far, they have kept their promises each time they geared up for the past target dates. I have no reason why they would not continue to do the same. ...So what did the CBI last tell us? They told us they needed a more “suitable timeframe”. This to us meant that the elections process first needed clean out the corrupt officials, which in turn would assist in stopping much of the money laundering, fraud and manipulation of the currency auctions. This is now all being taken care of as the election results become public. The judiciary just told us they ratified the results. So this is moving forward. [post 1 of 3....stay tuned]
8-13-2018 Newshound Guru Breitling …The situation that you are watching with Turkey and their currency going down and then obviously the value of Iran’s currency going down…it will be nothing like the Iraqi dinar. Basically we are at war and we want to get rid of the people at the top. He’s [Trump] trying to squeeze them and force them into doing deals. Just like we did with Nato and with the EU in general and with Russia…The thing with Turkey is their currency has gone down and their leaders are panicking. …lots of signals out there that even if it does go back up it will not be anything significant….so stay away from them [Turkey and Iran Currency]. The Zimbabwe currency stay away from it…We’ve talked about it a lot but there needs to be a lot done for the Vietnamese currency. I still have it but there is no report. Again it all depends on China. On China’s attitude. On what China is doing.
8-13-2018 Intel Guru Delta Article quote: "ISAKA, the US-based international banking organization, opened its own branch in Baghdad." ...REPEAT AFTER ME IRAQ...INTERNATIONAL!!! OTHER THAN THAT...NONE OF JULY NOR AUGUST...WOULD HAVE HAPPENED AS THEY HAVE.
8-13-2018 Newshound Guru Kaperoni Iraqi CBI gets ISO 9001 certification. This is great news they meet international compliance on cash management. Iraq is creating the conditions to support a private sector and private investment.
8-13-2018 Newshound/Intel Guru Mnt Goat Is the Iraqi government already formed? Again a rumor stating that it is already formed is just that - a rumor. On Monday 8/6 they announced the sorting and re-counting was completed. Then the rest of the week the judiciary oversite reviewed the results and finding from the judges assigned to the re-counting. On Friday 8/10 they made a decision to ratify the election results for all but three candidates now charged with corruption in the cabinet ministries. So these were not parliamentary members but members of Abadi’s council of ministers. Now that the election results are ratified by the judiciary they can hold the first session of parliament. They have not yet given us a date as to when this will happen. My guess is probably this week sometime. [post 1 of 2....stay tuned]
8-13-2018 Newshound Guru Kaperoni ...the very purpose of floating the currency is to counter inflationary pressure created by substantial investment. If you were to revalue...you would be circumventing that process. Not to mention the CBI will make money buying and selling blocks of currency ending the currency auction. Any such single event would circumvent the ability to profit as the dinar rises.
8-13-2018 Newshound/Intel Guru Mnt Goat Anyway that this happens, we are told they must watch for inflation in this process, as a sudden adjustment in the value of the dinar could cause prices to sore [soar ?] or even not adjust past the larger 3 zero notes. The prices must come down and adjust. This will not be deflation but an adjustment to equal value within Iraq. For instance, a 25,000 note will be worth $25 at a 1:1. Then as the rate adjust on the FOREX float and rises for example to $3.00 USD, this same note can be worth $75 in Iraq. So you can see the increase in purchasing power at the marketplace. It is all relative and not a “lop” being performed but an “redenomination”. [post 3 of 3]
8-13-2018 Newshound/Intel Guru Mnt Goat What to expect next from the CBI? So Eid al-Adha holiday in Iraq 2018 will begin in the evening of Tuesday August 21 and will end in the evening of Saturday August 25. I can assure everyone that the holiday has absolutely no significance in the timing of the reinstatement. FACT: The CBI is going to soon begin it’s long overdue educational program to the citizens on the reinstatement process and the launching of the newer category notes. This could come at the same time as the dinar is reinstated back on the currency exchanges or it might come days before. [post 2 of 3....stay tuned]
8-13-2018 Newshound/Intel Guru Mnt Goat Relax when it comes close to the reinstatement we will hear from the CBI. They have told me over and over again that when the time gets close, simply read the news media from Iraq. They fully intend to explain the process of the final stages of the “project to delete the zeros’ to the citizens. So far, they have kept their promises each time they geared up for the past target dates. I have no reason why they would not continue to do the same. ...So what did the CBI last tell us? They told us they needed a more “suitable timeframe”. This to us meant that the elections process first needed clean out the corrupt officials, which in turn would assist in stopping much of the money laundering, fraud and manipulation of the currency auctions. This is now all being taken care of as the election results become public. The judiciary just told us they ratified the results. So this is moving forward. [post 1 of 3....stay tuned]
8-13-2018 Newshound Guru Breitling …The situation that you are watching with Turkey and their currency going down and then obviously the value of Iran’s currency going down…it will be nothing like the Iraqi dinar. Basically we are at war and we want to get rid of the people at the top. He’s [Trump] trying to squeeze them and force them into doing deals. Just like we did with Nato and with the EU in general and with Russia…The thing with Turkey is their currency has gone down and their leaders are panicking. …lots of signals out there that even if it does go back up it will not be anything significant….so stay away from them [Turkey and Iran Currency]. The Zimbabwe currency stay away from it…We’ve talked about it a lot but there needs to be a lot done for the Vietnamese currency. I still have it but there is no report. Again it all depends on China. On China’s attitude. On what China is doing.
8-13-2018 Intel Guru Delta Article quote: "ISAKA, the US-based international banking organization, opened its own branch in Baghdad." ...REPEAT AFTER ME IRAQ...INTERNATIONAL!!! OTHER THAN THAT...NONE OF JULY NOR AUGUST...WOULD HAVE HAPPENED AS THEY HAVE.
8-13-2018 Newshound Guru Kaperoni Iraqi CBI gets ISO 9001 certification. This is great news they meet international compliance on cash management. Iraq is creating the conditions to support a private sector and private investment.
8-12-2018 Newshound Guru MilitiaMan [Does The HCL have to be implemented before the RI/RV.] Imo, It has been for months now, just not literally yet. They have calculated the information necessary for them to have the HCL done and even activated by or on about September 5th per articles of recent... The calculation would be based on oil output that the IMF and even KPMG would have had already worked up. The citizens imo will be paid their share apparently on or around the 5th of September, but, that amount would be posted electronically to then [them ?] in new currency that can be loaded on cards. There is a recent article(s) that state just how serious it would be to tell them that the money is coming and for them to not follow through, would create even harsher protests...They know they are getting paid, and, imo, the international calculation / rate will be / maybe exposed long before that date. They just showed the specimens to the world and what that means to them and us.. It is for other countries to know what to look for... As in when we walk through the doors with those notes, they canverify what they are looking at...Amazing what is staring at us in the face.. IMO!!
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
***************
ARTICLE 1-A (from PM Abadi's website; posted on both Arabic and English sides)
Prime Minister Dr. Haider al-Abadi heads to the Turkish capital of Ankara at the head of a government delegation
Prime Minister Dr. Haider al-Abadi headed to the Turkish capital of Ankara at the head of a government delegation.
During the visit, they will discuss boosting cooperation between the two countries and discussing a number of issues related to water, electricity, health, industry, investment, security, culture and other joint files.
Prime Minister 's Media Office
14 August 2018
****************
ARTICLE 1-B (from PM Abadi's website; posted on both Arabic and English sides)
Prime Minister Dr. Haider Al-Abadi Receives the Representative of the Secretary-General of the United Nations Mr. Jan Kubic
Prime Minister Dr. Haider Al-Abbadi received in his office Monday the representative of UN Secretary-General Jan Kubic.
During the meeting, he discussed the general situation in the country and the situation in the region. Mr. Kubic praised the government's efforts in responding to the demands of the demonstrators, and discussed the political developments and the process of forming the next government.
Prime Minister 's Media Office
13 August 2018
****************
ARTICLE 1-C (from PM Abadi's website; posted only on Arabic side, not on English side)
The Council of Ministers holds its regular session chaired by Prime Minister Dr. Haider Abadi
The Cabinet held its regular session on Monday 13 August 2018 under the chairmanship of Prime Minister Dr. Haider Abadi.
The session witnessed the vote on the minutes of the meeting held on the instructions of appointment on the grades resulting from the movement of owners.
The council discussed in depth the follow-up of the decisions issued to secure the needs of the provinces.
The meeting discussed raising the performance of the government agricultural, industrial and real estate banks and voting on a set of procedures.
The council discussed reducing the customs fee on medical devices, health supplies, life saving medicines, equipment, agricultural supplies, production equipment, building tools, reconstruction and English language books.
A vote was taken to secure the amount of the allowances of members of the anti-terrorism apparatus.
The Council of Ministers voted to secure the first installment of the amount allocated for the rehabilitation of the landfill site in Al-Aytha.
The Council of Ministers included the graduates of the educational initiative of the holders of higher degrees of appointment in the provinces that have been contracted to them and under what determined by the Ministry of Higher Education and Scientific Research,
The decision of the Council of Ministers shall be implemented by appointing the first three students in the colleges in such a manner that the first graduate shall have the share of higher education and scientific research and the second and third of the ministries and other authorities according to specialization and geographical location.
A reduction in tourism fees was voted for the 40 guests.
The Council voted to amend the passport system.
The Council of Ministers also approved the adjustment of the interest of the Swedish loan.
The vote was also taken to decide on the recommendations of the Executive Committee of the Basra Water Project funded by the British loan to choose the specialized company.
Prime Minister 's Media Office
13 August 2018
*************
ARTICLE 2
Tweet posted on Government of Iraq twitter; posted 8-14-2018 around 5:00 am Eastern):
PM @HaiderAlAbadi begins official visit to Turkey for talks on
strengthening trade, management of shared water resources and enhancing security
cooperation between the two countries.
Tweets posted on Government of Iraq twitter account (all posted 8-13-2018 around 12:30 pm Eastern):
- PM @HaiderAlAbadi: Earlier I announced the dismissal of several senior officials in the Ministry of Electricity and in other ministries. We will replace officials who fail to carry out their duties, are suspected of corruption or those who waste public funds
Government of IraqVerified account @IraqiGovt We recently marked the fourth anniversary of the crimes committed by Daesh against our Yazidi community.Those who instigated, facilitated and carried out these crimes will be held to account. We are working with the UN to ensure there will be no impunity
- PM @HaiderAlAbadi: Maintaining good relations with all our neighbours is a key pillar of our foreign policy. This is in the interest of the Iraqi people and for the peace, prosperity and security of the region
- PM @HaiderAlAbadi: We are investing in upgrading the operational and fighting capabilities of our armed forces. We continue to face a terrorist threat, and we must ensure that our armed and security forces have the equipment and training they need
- PM @HaiderAlAbadi holds his weekly press conference in Baghdad, briefs media on public services, national security and relations with neighbouring countries.
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ARTICLE 3
URGENT Prime Minister arrives in Ankara
2018/8/14 12:20 • 30 times read
[Ayna-Baghdad]
Turkish Prime Minister Haidar al-Abadi arrived in the Turkish capital Ankara on Tuesday. Abadi was heading to Ankara this morning at the head of a government delegation.
A statement issued by the Prime Minister's office said Abadi and his delegation would "discuss cooperation between the two countries and discuss a number of issues related to water, electricity, health, industry, investment, security, culture and other common issues."
A statement issued by the Media Center of the Presidency of the Republic of Turkey, yesterday that Abadi will meet with President Recep Tayyip Erdogan, during the visit. The statement added that meetings will be held between members of the Iraqi delegation and Turkish officials.
He explained that the meetings between the Turkish and Iraqi sides will discuss the development of cooperation between the two countries in various fields, in addition to regional issues of common interest.
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ARTICLE 4
Abadi responds to the decline of his fortunes in the second term because of his position on Iran
2018/8/13 20:05
[Ayna-Baghdad]
Prime Minister Haider al-Abadi justified his downgrade of his second term of office from Iran to offer the people's own interest. As he put it
"The water issue is the most prominent in our visit to Turkey because of the huge reduction of Iraq's share of them and we want a great understanding and understanding to ensure this share as we will discuss the security and economic file," Abadi said at his weekly press conference.
"We want to keep the relationship good with the neighboring countries and we want it to be effective in the interest of all," he said, denying that there was controversy in his visit to Iran.
"I have not made a decision on Iraq's stance against US sanctions against Iran, but it was a vision and we are serious in opposing it because the Iraqi people have suffered an unjust blockade and it is not right for the people to bear these sanctions," Abadi said.
"It is not the right of a large and powerful state to impose a blockade on a state," he said, referring to the United States.
"Iran remains a neighboring country and we want to resolve all the issues of dispute," he said. "It is in the interest of Iraq and its people to live in peace, integration and common interests between countries."
"The sanctions are not from the United Nations but they are American, the dollar is a US currency and any dealings with it must be passed through the US Federal Bank, which has imposed sanctions on Iran," the prime minister said.
"We do not want to sabotage the relationship between the two countries, despite the attempts of some to do so. We regret the misuse of some of the relations with Iran and the reaction of some officials in the neighboring country," he said. Individuals and not an official position. "
"We do not back down from the rights of our people and the interest of the Iraqis and we do not want to abuse and transgress against anyone and we are not part of an unjust campaign against any neighboring country, we do not cooperate with it and we do not accept it."
He noted that "dealing with the dollar with Iran, there is no solution before us, but the commitment to US sanctions and it is not our business to look for an alternative to the dollar with them, but the state of the matter that does not have the capacity to receive," noting, "We have not taken any decision yet on dealing with a substitute for the US currency" .
"I am ready to pay my life and all positions to serve the Iraqi people and everyone has to give the people their own interests," he said.
On the other hand, the Prime Minister stressed that "there are measures to re-evaluate the officials responsible for the various service responsibilities and assess the level of performance and efficiency, corruption and integrity and follow-up of what they provide, whether in the provinces or ministries," noting that "we issued orders for change and began the Ministry of Electricity and we will start with ministries and other institutions."
He added, "We are arming the armed forces and upgrading their capabilities to be ready because the threat continues from inside and outside Iraq from different terrorist groups. We have issued decisions to arm the army and maintain aircraft and provide them with what is required for their important role in securing air cover for the ground forces and pursuing terrorists in remote areas and deserts. "He said.
"We are keen to modernize all military equipment and naval force as an important and essential part of protecting Iraq's ports and oil installations," he said.
"We want to inspect all the weapons stores, including the popular crowd as a new force and get bad storage, which led to several accidents, some of them with high temperatures," he said.
"A high committee was set up to inspect the sites of the crowd and to find alternatives to store them properly."
"The National Security Council recently discussed securing Iraq's border with Turkey with the Border Guard forces of the Ministry of the Interior, and our firm position on border security and preventing any groups playing a role against neighboring countries.
On the decision of the Council of Ministers today to reduce tourism fees for visitors to the 40th visit, Abadi said that "due to the economic situation in Iran and the decline of their currency has been reduced tourist fees for visitors to the next forty, especially as they are tourists for a certain period and not traders and businessmen."
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ARTICLE 5
Baghdad Post Tuesday, 14 August 2018 01:03 PM
After removing the traces of destruction, the two courts reopened on the right side of Mosul
The Supreme Judicial Council announced on Tuesday the reopening of the courts of Mosul and the events of the Federal Court of Appeal of Nineveh on the right side of the province after removing the traces of destruction left by the organization calling the terrorist.
The council's spokesman, Judge Abdul Sattar Birekdar, said that the Supreme Judicial Council reopened the courts of Mosul and the events in Ninewa of the Court of Appeal of Nineveh Federal on the right side of the city of Mosul.
Birkdar added that the efforts of the Supreme Judicial Council and the follow-up and supervision of the President of the Court of Appeal of Nineveh and in cooperation with international organizations and the province of Nineveh and the municipal district has reopened the courts of the beginning and events.
The spokesman noted that the courts received the citizens to start promoting cases and transactions of citizens, seeking the Presidency of the Council to provide judicial service to the areas restored to restore life.
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