WOTS Wednesday 8/29/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,168.2000 | 1,168.1000 | 1,168.1000 | | 07:05 |
| USD/VND | | | 23,266.0000 | 22,965.5000 | 22,965.5000 | | 07:05 |
| USD/CNY | | | 6.8271 | 6.7995 | 6.8023 | | 07:06 |
| USD/KWD | | | 0.3024 | 0.3017 | 0.3022 | | 07:07 |
| GBP/USD | | | 1.2899 | 1.2845 | 1.2869 | | 07:07 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,703.0000 | 14,616.0000 | 14,681.0000 | | 07:07 |
CNBC Link:
CNBC Morning Squawk Link:
No link yet
DC NY Iraq Articles:dd
Baghdad today publishes the agenda of the first session of the fourth parliamentary session scheduled for September 3 next
Baghdad today - Baghdad
Baghdad, Wednesday, August 29, 2018, the agenda of the first session of the fourth session scheduled for September 3, 2018.
According to a statement of the Information Department of the House of Representatives, the schedule of the first session scheduled for Monday, 3 - September, 2018, includes "the word of the President of the Republic, then the speech of the Prime Minister and then the Speaker of the House of Representatives for the third session (2014-2018).
The session also includes: "The President of the Senate shall preside over the session of the Chamber of Deputies (Article 54 of the Constitution), read the names of the deputies for the session (2018-2022) and then the swearing-in of deputies (Article 50 of the Constitution)."
According to the statement: "will be elected the President of the Council and his deputies (Article 55 of the Constitution)," noting that "the meeting will start at 11 am."
Baghdad, Wednesday, August 29, 2018, the agenda of the first session of the fourth session scheduled for September 3, 2018.
According to a statement of the Information Department of the House of Representatives, the schedule of the first session scheduled for Monday, 3 - September, 2018, includes "the word of the President of the Republic, then the speech of the Prime Minister and then the Speaker of the House of Representatives for the third session (2014-2018).
The session also includes: "The President of the Senate shall preside over the session of the Chamber of Deputies (Article 54 of the Constitution), read the names of the deputies for the session (2018-2022) and then the swearing-in of deputies (Article 50 of the Constitution)."
According to the statement: "will be elected the President of the Council and his deputies (Article 55 of the Constitution)," noting that "the meeting will start at 11 am."
Barzani: There is no intention to postpone the parliamentary elections in Kurdistan
Wednesday, 29 August
Alsumaria News / Arbil
Kurdistan Region's Kurdistan Region (KRG) deputy leader Nijervan Barzani said on Wednesday there was no intention to postpone the regional parliament elections.
Kurdistan Region's Kurdistan Region (KRG) deputy leader Nijervan Barzani said on Wednesday there was no intention to postpone the regional parliament elections.
"There is no intention to postpone the parliamentary elections," Barzani said at a meeting of the Kurdistan Democratic Party (KDP) with the Kurdistan Islamic Union. "If there is any delay, it is part of the work of the Commission."
But Barzani said, "but so far the Kurdish political parties their position one of the holding of elections on time at the end of next month."
The Kurdistan Regional Government President Nechirvan Barzani on September 30 next date for the elections of the Kurdistan Regional Parliament.
Al-Gharib: Iraq is in need of stability
Wednesday, August 29, 2018 12:17 AM
The leader of the Islamic Virtue Party, Ammar Al-Gharib, that Iraq has become a necessary need for stability, especially after the disasters that recently raged and showed the extent of governments with the failure of the people and showed the size of violations in the establishment of projects and corruption.
He pointed out that this is why we now need national initiatives stemming from political insight and study of the depth of the country's situation, such as the initiative of the Virtue Party, which laid the groundwork for the formation of government and the establishment of oversight bodies on the work of institutions.
He added that "all differences and political conflicts melt in dialogue and discussions and therefore invite the Islamic Virtue Party to the round-table is to agree on certain formulas to form a government and the national row and prioritize the people at the forefront of these dialogues and understandings in addition to saving time in the process of forming a government."
Terrorist figures and companies will unveil an American delegation to Iraq to inspect oil contracts
Wednesday, 29 August 2018 02:07 pm
US delegation to visit Iraq to inspect oil contracts
US delegation to Iraq to inspect contracts of the Ministry of Oil
Guidance for "Abadi" in full cooperation with the delegation
The committee is demanding the disclosure of the accounts of certain political figures and businessmen involved in commercial and oil contracts and the financing of terrorism
The delegation is under the protection of an international security company and has rapid intervention forces
Guidance for "Abadi" in full cooperation with the delegation
The committee is demanding the disclosure of the accounts of certain political figures and businessmen involved in commercial and oil contracts and the financing of terrorism
The delegation is under the protection of an international security company and has rapid intervention forces
Special sources revealed that a senior US delegation from the US Treasury will visit Iraq soon, to inspect the contracts of the Ministry of Oil for the period from 2003 to 2018.
The sources added that the US Embassy in Baghdad has reached Haider Abadi, the need to cooperate fully with this committee with the US delegation.
She added that the committee asked Abadi to reveal the accounts of Iraqi political figures and businessmen involved in commercial and oil contracts and financing terrorism in addition to Iraqi companies abroad supporting the militias and take the Arab state as a starting point.
The sources pointed out that the US delegation under the protection of an international security company has rapid intervention forces in neighboring countries.
New Investment Opportunities in Iraq
29th August 2018 in Construction & Engineering In Iraq, Investment, Iraq Industry & Trade News
By John Lee.
The National Investment Commission (NIC) has announced new investment opportunities in Iraq:
Textile and leather plants, State Company for Textile and Leather Industries
Sulfur production, Mishraq Sulfur State Company
Production of ethylene and high-densite polyethylene (HDPE), State Company for Petrochemical Industries
Dextrin and starch production, State Company for Food Products
Al-Qadisiya Brick Factory, State Company for Construction Industries
Sulfur production, Mishraq Sulfur State Company
Production of ethylene and high-densite polyethylene (HDPE), State Company for Petrochemical Industries
Dextrin and starch production, State Company for Food Products
Al-Qadisiya Brick Factory, State Company for Construction Industries
(Source: National Investment Commission)
(Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
Return of Peshmerga to Kirkuk Point of Disagreement between Sadr, Kurds
29/08/2018 - 00:32
ERBIL - An Iraqi lawmaker from the cleric Muqtada al-Sadr's Sa'eroun Alliance, has revealed that they have disagreements with the two major Kurdish parties, the Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK) over the return of the Peshmerga forces to Kirkuk province.
The Kurdish factions have already made every effort to make the return of the Peshmerga fighters to the Kurdish disputed city possible, while the Iraqi sides have always objected on that.
The Sa'eroun MP, however, said that they had very similar common opinions with the Kurdish political parties during the meetings, but the only thing that the sides have not been able to agree on so far is the issue of the Kurdish armed forces, as reported by Kurdistan 24.
Concerning the new prime minister of Iraq, they have given the Kurds two options, re-electing the current premier, Haider al-Abadi, or the Iraqi Minister of Youth and Sports, Abdul-Hussein Abtaan, the news agency added.
The Kurds have already said that they have no issues with anyone as long as he would show readiness to accept the conditions of the Kurdish political parties.
The withdrawal of the National Axis spokesman from office
29/08/2018
Abdulmalik al-Husseini, a member of the National Axis Alliance, announced on Tuesday his withdrawal from the post of coalition spokesman.
Husseini said in a press statement, "I announced my withdrawal from the post of spokesman for the National Axis Alliance."
Husseini added that my stay as a member of the national axis or not will be determined by the next few days, for reasons I will announce at the time.
Kauaihn Iraq Articles:dd
KRG launches online scheme to cut bureaucracy, improve transparency
Iraq, August 29, 2018
Bureaucracy will be cut and government institutions subject to greater transparency under a new online service unveiled by KRG Deputy Prime Minister Qubad Talabani on Tuesday.
“Our objective behind the launch of this project is to speed up the good services the government provides to people and with this step forward, the government will increase transparency to the people about the government’s mechanisms of implementing its works,” Talabani said during a ceremony launching the scheme.
Maddening red tape will be cut thanks to a new online ‘Service Portal’ which will allow the public to access public services remotely – without spending hours upon hours queuing at government offices.
“It contains all the services, private or public, provided by the Kurdistan Regional Government (KRG) to the people directly or indirectly which concern their daily lives,” according to the portal website.
Users can access information on public services such as water, electricity, traffic, and security and complete administrative tasks such as license applications, company registrations, and paying taxes.
“We have not come just to talk about a portal the government has launched, but a new phase in relations between people and the government, an overall fresh review to the mechanism of giving services to the people, so our people understand that they are a priority,” Talabani said.
“Today, the government started to provide 425 services to the people... daily transactions happening between the government and people at governmental institutions,” he added.
Iraq is among the most corrupt countries in the world – a culture that also blights the Kurdistan Region. Many government institutions remain opaque. Moving these services online could help reduce abuse of the system and help equality of access.
The Kurdistan Region’s economy has slowly improved in recent months thanks to a gradual improvement in relations between Erbil and Baghdad.
A dispute over independent oil sales in 2014 saw the government of Nouri al-Maliki cut the Region’s share of the Iraqi federal budget to zero. This was followed by a crippling financial crisis in 2016, forcing the KRG to impose austerity measures. Many civil servants went unpaid for years.
This was shadowed by a costly war against ISIS. The final blow came in October 2017 when the federal government took over the Kirkuk oilfields – halving the KRG’s oil income overnight.
Baghdad has technically restored the KRG’s share of the federal budget, although it has been cut from 17 percent to just 12.5.
Stalled infrastructure projects are now gradually resuming.
“Due to key reforms, the government normalizing Erbil-Baghdad relations and relations with foreign countries, and the economic recovery, the government has resumed a number of projects that had been sabotaged” by the loss of funding, Talabani added.
rudaw
Oil-rich Basra Threatens Vote to Pull Away From Iraq
http://iraqdailyjournal.com/
Protesters poured into the streets and picketed oil fields in southern Iraq amid growing discontent over the government's failure to combat unemployment, provide drinkable water or guarantee a steady electricity supply to power the air conditioning needed to survive the country's grueling August heat.
Having largely eliminated the threat of Islamic State and cooled -- for now -- separatist pressures in the Kurdish enclave in the north, the central government ironically finds the greatest challenge to its authority from the Shiite-dominated south, where the failure to provide basic services, infrastructure and economic development have many fuming.
'We closed the main roads leading to the [al-Qurna] gas field as a way to put pressure on the government because the provincial council did not keep their promise to negotiate with us after the police killed a student here,' said Ali Taha, 25, a trainee at Petroleum Institute in the southern port city of Basra.
Police have fired into demonstrations, killing protesters and further exacerbating tensions. Fourteen demonstrators have been killed and 650 injured since July, according to the Baghdad-based Iraqi Observatory for Human Rights.
Passions have grown so heated that there is talk of creating an autonomous region in the oil-rich south. Many believe some of the profits generated by the governate are being squandered or stolen in the capital.
Walid al-Kitan, head of the Basra Provincial Council, announced a month ago that three-fifths of the 25 members of the local government had signed a petition to establish an independent region of Basra. Basra representatives in the national parliament vowed over the weekend to vote against any new coalition government unless the south's economic and social grievances are addressed.
Almost half of Iraq's population is younger than 19, and the youth unemployment rate is 18 percent, according to government statistics. Authorities have arrested hundreds but released most of them if they signed guarantees to stay away from protests, the observatory said.
Those pledges will not stop other Iraqi youths from joining the unrest, said Murtadha Ali, a 22-year-old student at the Basra Technical Institute.
'The atmosphere is desperate,' said Mr. Ali. 'There are no less than 400,000 unemployed people in this city of 2 million. These are people who can't pay for bottled water, which is a necessity here since the tap water is filled with dark, salty sediments.'
The protests continued as politicians in Baghdad struggled to assemble a ruling coalition while waiting for the Supreme Court to ratify a recount from May's parliamentary elections. The two largest Shiite-based parties finished in the top two positions, adding to the pressure on Baghdad to deliver for its political base.
Secretary of State Mike Pompeo, in a phone call with Prime Minister Haider al-Abadi, urged Iraqi politicians to form a moderate government. Mr. al-Abadi's party came in third in the vote.
'Secretary Pompeo emphasized the importance of forming a moderate Iraqi government, pursuant to the constitutional timeline, that is responsive to the expectations of the Iraqi people,' State Department spokeswoman Heather Nauert said.
Uncertainty at the top
Mr. al-Abadi's Victory Alliance gained only 42 seats in an Independent High Electoral Commission recount released last week. The recount found that the bloc allied with nationalist Shiite Muslim cleric Muqtada al-Sadr led in the polls but won only 54 seats, too few to form a government without partners in the 329-member parliament.
The Conquest Alliance -- a more militant Shiite group led by pro-Iranian paramilitary chiefs -- came in second with 47 seats. That party has lost popularity after militias under its control were charged with shooting civilians in protests.
After Iran cut off electric supplies to Iraq in early July in a dispute over power rates, some blamed Tehran for creating the chaos that is destabilizing the country and causing trouble for U.S.-backed Mr. al-Abadi, a moderate Shiite who has tried to reach out to the Sunni and Kurdish minorities.
But protesters in southern Iraq insist they were not doing the bidding of the mullahs in Iran. Instead, they said, corruption and intrigue have ruined Iraqi politics and sent them into the streets in protest.
'The religious party leaders are just puppets of the Iranians,' said 39-year-old Baghdad protester Omar Zeyad Sami. 'This is a spontaneous movement that comes after 15 years of death, misery and corruption. The people have come out to reject the dominating political mafias. I think most of the demands could be met if the politicians stopped stealing.'
The global watchdog group Transparency International said Iraq's already low ranking has fallen three places this year in its global Corruption Perceptions Index. Out of a total of 180 countries, Iraq came in at No. 169, putting it behind such countries as Turkmenistan, Angola and Eritrea.In Najaf, a pilgrimage city and center of Shiite spirituality, protesters were outraged over the ways 'religious' politicians enriched themselves at the public trough.Nearly $72 million 'disappeared from the project to improve gas and oil production at the state-owned Najaf Refinery,' said Talib Kadhim al-Zayadi, a 57-year-old local lawyer. 'We want this outrage investigated, and we want the politicians to give the buildings their parties took over to be used as schools and health centers.'The Najaf airport, with 65 scheduled flights weekly to Tehran's Imam Khomeini International Airport, has become a flashpoint for demonstrations. Protesters burned images of the Iranian leaders after the power cuts in July.During a July 13 protest, police killed a 25-year-old demonstrator at the airport entrance with live ammunition and a 19-year-old died of suffocation after he was exposed to tear gas.'Each time we go to protest, we face either psychological or physical suffering,' said Ali Chasib, a 27-year-old unemployed university graduate from Sadr City, a working-class Baghdad suburb with more than 1 million residents. 'First, they try to break up the demonstrations with arrests, then they try to disperse us with false promises, and finally they use tear gas.'He saw no reason to stop protesting.'This generation insists on change and will be heard even if we have to die to end the corruption,' Mr. Chasib said.aina
Iraq Sending Team to US to Seek Deal on Transactions with Iran
Iraq, August 29, 2018
Iraq will send a delegation to the United States seeking an agreement on financial transactions with Iran following Washington's reimposition of sanctions on Tehran, Prime Minister Haider al-Abadi said Tuesday.
His statement was the first by an Iraqi official since Reuters reported last week that Baghdad was going to ask Washington for exemptions from some of the sanctions because Iraq's economy is closely linked with neighboring Iran.
'We have requests for the American side, we have presented them and a delegation will go to negotiate within that framework,' Abadi told a weekly news conference.
'We have presented a clear vision of what Iraq really needs. This includes Iranian [natural] gas, which is very important, as well as other trade and the electricity sector.'
U.S. President Donald Trump withdrew the United States in May from world powers' 2015 nuclear deal with Iran, calling it flawed, and reimposed trade sanctions on the Islamic Republic.
The Trump administration has warned of consequences for countries including European allies that co-signed the nuclear accord, that do not respect the new sanctions. Baghdad is in a difficult position — its two biggest allies are the United States and Iran, themselves arch-adversaries.
'We have had good promises initially, but as you know the American situation is complicated; you do not deal with one person, there are several institutions,' Abadi said.
He called the sanctions 'unilateral' and 'oppressive,' adding that Iraq would not be 'part of a blockade' due to its own painful experience with international sanctions during the era of Saddam Hussein.
Iraqi government and central bank officials said the delegation would travel to Washington to ask for exemptions in applying the sanctions. They did not say when that trip would take place.
voanews
Al-Gharib: Iraq is in need of stability
Wednesday, August 29, 2018 12:17 AM
The leader of the Islamic Virtue Party, Ammar Al-Gharib, that Iraq has become a necessary need for stability, especially after the disasters that recently raged and showed the extent of governments with the failure of the people and showed the size of violations in the establishment of projects and corruption.
He pointed out that this is why we now need national initiatives stemming from political insight and study of the depth of the country's situation, such as the initiative of the Virtue Party, which laid the groundwork for the formation of government and the establishment of oversight bodies on the work of institutions.
He added that "all differences and political conflicts melt in dialogue and discussions and therefore invite the Islamic Virtue Party to the round-table is to agree on certain formulas to form a government and the national row and prioritize the people at the forefront of these dialogues and understandings in addition to saving time in the process of forming a government."
Abadi: Iraq will send a delegation to America for understanding on the dealings with Iran
Wednesday 29 August 2018 corresponding to 18 Dhu al-Hijjah 1439
BAGHDAD (Reuters) - Iraq will send a delegation to the United States for an understanding on financial dealings with Iran after Washington reinstated sanctions on Tehran, Iraqi Prime Minister Haidar al-Abadi said on Tuesday. "We are not with economic sanctions against any country, and this is our strategic position," Abadi told a weekly news conference. Abadi's comment was the first from an Iraqi official since Reuters said last week that Baghdad would ask Washington to release some sanctions.
Gharibawi: blocs and tinderbox did not succeed for the moment to form the largest bloc
Wednesday, 29 August 2018 12:28 pm
The leader of the Islamic Virtue Party, Ahmed al-Ghuraibawi, said that the response of the political blocs to the initiative to form the next government, which was launched by the Islamic Virtue Party, concerns the extent of its concern for Iraq, its security, its economy and its future.
He added, "Ghribawi" in a press statement, "In fact this initiative emphasizes the need to sit at a round table to consider the specifications of the next prime minister and identified by the initiative."
He pointed out that "we hope the blocks to implement this initiative and there are signs to indicate that especially as blocs and tinderboxes did not succeed for this moment to form the largest bloc," calling for "political blocs to proceed with this initiative."
The Islamic Virtue Party, earlier, launched an initiative to accelerate the formation of the new government, while stressing the need to adopt a government program that includes protecting the unity of Iraq land and people and the equal rights of all individuals on the basis of citizenship and belonging to Iraq, called for a round table of large blocs winning the election to put The specifications and conditions of the candidate for prime minister to benefit from the visions of the religious authority and the sincere people.
Kauaihn Economic Times:
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
CRYPTO'S / DIGITAL CURRENCY
GLOBAL/NEWS/INFO
THIS DAY IN HISTORY
1 in 3 Americans have less than $5,000 saved for retirement—here's why so many people can't save
The vast majority of Americans say they're concerned about not having enough money for retirement, and with good reason.
11 books to read if you want to save more money
Business Insider
If you're having trouble saving money, these 11 books may be useful to you. diignat/Shutterstock Money may not buy happiness, but it allows you satisfy your daily needs and splurge on things that are valuable to you. Saving a comfortable amount of money takes careful planning and budgeting, any many people have trouble building wealth. These 11 personal finance books offer strategies for budgeting, getting out of debt, and managing your money. They say money can't buy happiness, but your Read the full story
Here's what happens when you miss your credit card payments
NBC News
33 percent of Americans surveyed said they miss payments because they don't have the money. But 35 percent said they just forgot, survey finds. Read the full story
OIL/COMMODITIES/ENERGY
Gold hovers above $1,200 on weaker dollar as trade tensions ease
Gold gained above $1,200 per ounce on Monday as the dollar weakened after the United States and Mexico struck an agreement that lowers trade tensions.
Read more: https://www.cnbc.com/2018/08/
Gold Rises on Weaker Dollar, Trade Tensions
Investing.com
© Reuters. Gold was higher on Monday. Read the full story
Gold lifted by wavering dollar as trade developments sink in
MarketWatch
Gold prices steadied Tuesday as the dollar languished near a one-month low following the preliminary trade deal announced Monday between the U.S. and Mexico — a development that generally lifted riskier markets but did little to allay concerns for a continued trade spat between the Trump administration and China. Read the full story
Crude Oil Prices Settle Higher, but Rising Production Limits Gains
Investing.com
© Reuters. Crude oil prices settled higher on Monday. Read the full story
Oil prices rise on expectations of market tightening
Oil prices rose on Tuesday as risks of supply disruptions from countries such as Venezuela, Libya, Nigeria and Iran raised the prospect of a tightening market.
Read more: https://www.cnbc.com/2018/08/
Metals Prices Higher as Dollar Doldroms Continue on U.S., Mexico Deal
Investing.com
© Reuters. Metals Prices were higher on Monday. Read the full story
BANKS/BANKING/CREDIT
Samsung Looks to Streamline Banking With Blockchain Tool
CoinDesk
CoinDesk
Samsung SDS, a subsidiary of South Korea's tech conglomerate, has developed a blockchain-based certification platform for South Korean banks. Read the full story
Five financial habits you need to change ASAP
CNBC
It’s easy to see the impact of spending, but it’s less easy to see how important budgeting and planning are. Drop these financial habits to get a grip on your money. Read the full story
Credit card startup Deserve raises $17 million to help young people build their credit in a system that makes it way too hard
Business Insider
Deserve is a new company that's focused on helping young people build credit. It just raised $17 million from Sallie Mae, Accel, Pelion, Aspect Ventures, and Mission Holdings. For many college students, there's a Catch-22 when it comes to their finances: They can't get a credit card or student loan because they have no credit history. But they have no credit history because they can't get a credit card or student loan - or at least, not a good one. This dilemma is all too familiar to Kalpesh Read the full story
Is The Future Of Banking Fintech Or Techfin?
Forbes Magazine
While traditional banking institutions are beginning to embrace the potential of collaboration with fintech firms, big tech organizations like Google, Amazon, Facebook and Apple in the U.S. as well as Alibaba, Baidu and Tencent in China may disrupt the entire banking ecosystem more than ever. Read the full story
Paying down debt vs. saving money, explained in plain English
CNBC
CNBC
Deciding whether to use extra cash to pay down debt or build an emergency fund depends on several factors, from your employment situation to your tolerance threshold for debt stress. Read the full story
TREASURIES/BONDS/STOCKS
Top 5 Things to Know in The Market on TuesdayInvesting.com
© Reuters. Top 5 things to know today in financial markets Read the full story
Day Ahead: Top 3 Things to Watch
Investing.com
© Reuters. Best Buy reports earnings before the bell Tuesday. Read the full story
Dow on the verge of busting out of the longest stint in correction territory in nearly 60 years
MarketWatch
The Dow Jones Industrial Average on Monday is on the brink of ending a more-than-six-month stint in correction territory, the longest such stretch since a 223-session run in 1961, according to Dow Jones Market Data. Read the full story
Markets may be signaling rising recession risk: Fed study
Reuters
A narrowing gap between short-term and long-term borrowing costs could be signaling heightened risk of a U.S. recession, researchers at the San Francisco Federal Reserve Bank said in a study published on Monday. Read the full story
Watch five market experts explain what investors should do next as stocks hit all-time highs
CNBC
Here's what five market experts had to say about what investors should do with stocks hitting record highs. Read the full story
Art Cashin: The market is betting on Mike Pence should Trump's legal issues take a dark turn
CNBC
"Intriguingly, the president's legal woes don't seem to have any market effect yet," Art Cashin says. Read the full story
Meet the crypto millionaire who lives in a tree and says bitcoin is just getting started
This college dropout explains how he made his fortune in CNBC's new original documentary "Bitcoin: Boom or Bust.
Read more: https://www.cnbc.com/2018/08/
Don’t believe the ‘doom mongers,’ says bitcoin analyst
MarketWatch
Bitcoin prices have picked up where they left off last week, trading higher Monday. Read the full story
Crytocurrency storage firm Kingdom Trust obtains insurance through Lloyd's
Reuters
Kingdom Trust, a company that stores digital currency for investors, has secured insurance coverage through Lloyd's of London [SOLYD.UL] to protect against theft and destruction of those assets, the company said on Tuesday. Read the full story
Bitcoin tops $7,000; Morgan Creek launches digital asset fund
MarketWatch
Bitcoin prices move higher Tuesday, on track to log five winning sessions over the last six. Read the full story
CURRENCIES
The anti-dollar awakening could be ruder and sooner than most economists predict
CNBC
CNBC
The United States is currently waging economic warfare against one tenth of the world's countries. Read the full story
Forex - Dollar Steady near 1-Month Low; Sterling Hit by Brexit Fears
Investing.com
© Reuters. Dollar steady near 1-month low; sterling hit by Brexit fears Read the full story
Forex - Dollar Rises as U.S., Mexico Agree to Replace Trade Deal
Investing.com
© Reuters. The dollar rose on Tuesday Read the full story
Forex - Dollar Downed by Soaring Peso as U.S., Mexico Reach Trade Deal
Investing.com
© Reuters. The dollar fell against its rivals on Monday Read the full story
China’s move to prop up the yuan is a smart strategy to defuse trade tensions with the US
South China Morning Post
Neal Kimberley lauds the timing of the PBOC’s move to support the renminbi’s value, which came on the heels of renewed US accusations of currency manipulation and at the end of the latest round of China-US talks Read the full story
World stocks at highest in over two weeks, China's yuan rallies
Reuters
World stocks rose to their highest level in over two weeks on Monday, following reassuring comments from the U.S. Federal Reserve chief, signs of progress on a U.S.-Mexico NAFTA trade deal and a bid by China's central bank to stabilize the yuan. Read the full story
INSURANCE / HEALTH / SCIENCE
Low-dose aspirin too risky for most people, studies find
NBC News
NBC News
Although low-dose aspirin is known to cut the chances of a heart attack or stroke in people who have already had one, the benefits aren't as clear for others. Read the full story
Aspirin disappoints for avoiding first heart attack, stroke
CBS News
New research takes a closer look at the effects of aspirin on risk of heart problems Read the full story
Experimental cancer treatment for dogs could one day help humans
CBS News
Researchers hope the drug might someday offer hope for humans with glioblastoma, the deadliest form of brain cancer, which recently claimed the life of John McCain Read the full story
Fewer middle-aged stroke survivors skip medicines under Obamacare
Business Insider
A sign on an insurance store advertises Obamacare in San Ysidro Thomson Reuters By Lisa Rapaport (Reuters Health) - With increased access to insurance under the Affordable Care Act (ACA), known as Obamacare, fewer middle-aged stroke survivors are skipping medications that they previously might have struggled to afford, a U.S. study suggests. Stroke survivors take an average of 11 medications a day, researchers note in JAMA Neurology. Half of stroke survivors under age 65 spend at least 10 Read the full story
Death Rates From Heart Disease And Stroke Could Be Significantly Less With These Drugs, Study Says
Forbes Magazine
Death rates from heart disease and stroke could be significantly lowered by prescribing statins with blood pressure-lowering drugs, a new study says. Read the full story
7 Things Medical Professionals Want You To Know Before Taking Antibiotics
Bustle
If someone has an infection or is suspected to have one, the most common thing for doctors to do is to prescribe them antibiotics. However, many believe that the overprescription of antibiotics is becoming a problem. Antibiotics have the potential… Read the full story
USA/CANADA
Trump called off Pompeo's North Korea visit after belligerent letter: report
Reuters
Reuters
U.S. President Donald Trump called off a visit to North Korea by Secretary of State Mike Pompeo after the latter received a belligerent letter from a senior North Korean official just hours after the trip was announced last week, the Washington Post reported on Monday. Read the full story
U.S. government to pay $4.7 billion in tariff-related aid to farmers
Reuters
The U.S. Department of Agriculture said on Monday its $12 billion farm aid package would include $4.7 billion in direct payments to farmers to help offset losses from retaliatory tariffs on American exports this season. Read the full story
Canada responds to US, Mexico trade deal
Fox News
FBN's Susan Li on Canada's statement responding to the new U.S. trade deal with Mexico. Read the full story
Trump and Trudeau have a "constructive conversation" on the NAFTA Convention
US President and Canadian Prime Minister
Prime Minister Justin Trudeau and US President Donald Trump held a "constructive conversation" on Monday after the announcement that the United States and Mexico had agreed to amend the North American Free Trade Agreement (NAFTA).
The two leaders welcomed the progress made in the talks with Mexico and looked forward to the continuation of their talks this week with a view to reaching a successful conclusion of the negotiations, the prime minister said in a statement.
Canada responds to US, Mexico trade deal
Fox News
FBN's Susan Li on Canada's statement responding to the new U.S. trade deal with Mexico. Read the full story
EMERGING MARKETS
Here's How the U.S.-Mexico Trade Deal Would Differ From Nafta
Bloomberg
Bloomberg
President Trump talks about reaching a new trade deal with Mexico. He says talks with Canada will start shortly. President Donald Trump wants to sign a new trade agreement with Mexico and toss the name “Nafta” into the dustbin of history. There’s still lots of work to be done -- the administration is calling the deal with Mexico a “preliminary agreement in principle,” and the U.S. is still hopeful Canada will sign on. Below we outline a few main ways the U.S.-Mexico agreement would differ from Read the full story
Mexico has literally grown fat due to free trade with the U.S., study says
MarketWatch
The Trump White House’s pending free-trade deal with Mexico might help the economies of both countries, but it probably won’t do anything to reverse growing problems with obesity tied to the importation of American-made processed foods. Read the full story
Trump announces agreement with Mexico on NAFTA overhaul
The Hill
President Trump on Monday announced the U.S. has reached a deal with Mexico on overhauling the three-nation North American Free Trade Agreement (NAFTA). Read the full story
Trump Announces U.S., Mexico Bilateral Trade Agreement, Gets Rid of NAFTA Name
Investing.com
© Reuters. Trump announces bilateral trade agreement with Mexico, moves to terminate NAFTA. Read the full story
Puerto Rico finally has power again after nearly a year — now it needs a stronger grid
Business Insider
In this Friday, Oct. 13, 2017 photo, a resident tries to connect electrical lines downed by Hurricane Maria in preparation for when electricity is restored in Toa Baja, Puerto Rico. The very last of Puerto Rico's 3.3 million residents got power back last Friday after last fall's hurricanes. Power was finally restored more than 11.5 months after it first went out and more than a week after the island's power authority announced electricity had been fully restored. Rebuilding after the first Read the full story
Manager of second-largest emerging market fund says sell-off could be an opportunity
CNBC
Justin Leverenz, manager of the second-largest emerging market fund in the world, says he is calmly looking at what to buy after the broad sell-off in emerging markets. Read the full story
MIDDLE EAST
Member of the "conquest" reveals the date of the announcement of the largest bloc
https://translate.
Iraqi President Fuad Massoum convened the country's new parliament to convene for its first session on Sept. 3, a decree he issued on Monday showed, setting the stage for lawmakers to put a new government in place. Read the full story
Christians in Iraq dwindle and struggle to survive
TRT World
Christians in Iraq dwindle and struggle to survive Read the full story
Trump Iraq policy shows he's learned from past US mistakes
The Hill
The Hill
Twice since 2003, the U.S. reduced its military presence in Iraq only to reverse course when terrorists and factionalism filled the void. Read the full story
US warns Saudi Arabia it may withdraw support over civilian casualties in Yemen
CNN Politics
The Pentagon has issued a warning to Saudi Arabia that it is prepared to reduce military and intelligence support for its campaign against rebels in neighboring Yemen if the Saudis don't demonstrate they are attempting to limit civilian deaths in airstrikes following a strike on a school bus that killed 40 children earlier this month, CNN has learned. Read the full story
Turkey Made a Bet Against Assad—And Lost
The Atlantic
Back in 2011, Erdoğan supported the rebels against the Syrian regime in hopes of gaining influence across the Middle East. Things haven’t gone according to plan. Read the full story
Turkey To Suffer A Brutal Credit Crunch, Says A New Report
Forbes Magazine
The flood of capital out of the country will make borrowing inside Turkey harder, according to a recent report. Read the full story
URGENT US Secretary of State: Iran does not control the Strait of Hormuz US Secretary of State: Iran does not control the Strait of Hormuz
US Secretary of State Mike Pompeo US Secretary of State Mike Pompeo
US Secretary of State Mike Pompeo confirmed that Iran does not control the Straits of Hormuz, and that the strait is an international crossing.
He said in a press statement that the United States will continue to work with its partners to ensure freedom of navigation and trade through international waterways. He said in a press statement that the United States will continue to work with its partners to ensure freedom of navigation and trade through international waterways.
https://translate.
Israeli court allows entry to Hamas kin for medical care
ABC News
ABC News
Israel's Supreme Court allows entry to five critically-ill Gaza women despite their relation to Hamas members Read the full story
Qatar to expand air base hosting major U.S. military facility
Reuters
Qatar will expand two air bases including Udeid, which hosts the largest U.S. military facility in the Middle East, a senior military official said on Monday amid a year-long dispute between the tiny Gulf Arab state and its neighbors. Read the full story
AFRICA
Kenya: Govt Inks Wind Power, Food Security Deals With U.S. Firms
AllAfrica
AllAfrica
Washington, DC Kenya has signed agreements with US companies allowing $238 million (Sh23bn) of investments in wind power and food security. President Uhuru Kenyatta on Monday urged the US government to facilitate the operation of US businesses Africa. The Overseas Private Investment Corporation (Opic) and Kipeto Wind Energy Company signed documents to close a $232 million deal in financing the construction and operation of a 100-megawatt grid-connected wind power plant south of Nairobi. The Read the full story
Angola: National Development Plan announces AKZ 29.1 billion
FurtherAfrica
A AKz 29.1 billion amount will be released under fiscal strategy for the 2018-2022 period, according to the National Development Plan (PND). Read the full story
IMF says talks with Zambia on possible aid package still on hold
FurtherAfrica
The International Monetary Fund (IMF) said its discussions with Zambia over an aid programme are still on hold because the nation’s borrowing plans remain unsustainable. Read the full story
Mozambique: Us Grant for Solar Power Feasibility Study
FurtherAfrica
The United States embassy in Maputo announced on Friday that the U.S. Trade and Development Agency (USTDA) has awarded a grant to the Mozambican company WHN Solar, S.A. for a feasibility study to assess the viability of a solar photovoltaic plant of up to 100 megawatts. Read the full story
ASIA
NK accuses US of 'plotting to unleash a war'
CNN Politics
CNN Politics
North Korea's state newspaper accused the US of "hatching a criminal plot to unleash a war against the DPRK" while "having a dialogue with a smile on its face" following a report on South Korean radio that American forces in Japan were running drills aimed at invading Pyongyang. Read the full story
Asian stocks surge ahead as U.S. trade worries ease
MarketWatch
Asian stock markets started strong in early Tuesday trading, building on Monday’s global gains which saw the S&P 500 and Nasdaq log record closing highs after President Donald Trump announced a pending trade deal with Mexico, easing global trade-war worries. Read the full story
U.S. says Chinese steel wheel imports subsidized, will impose duties
Reuters
The U.S. Commerce Department said on Monday it had made a preliminary determination that imports of certain steel wheels from China were subsidized at rates ranging from 58.75 percent to 172.51 percent, and it would impose duties on the product. Read the full story
To Trump, ‘it’s not the right time to talk’ with China about trade war
South China Morning Post
US president shifts his focus to a deal reached with Mexico that would replace Nafta Read the full story
EUROPE
Turkey aims to take relations with EU to a new phase
TRT World
TRT World
Turkey aims to take relations with EU to a new phase Read the full story
Russia and China Begin First Joint War Games of Their Kind Amid New U.S. Tensions
Newsweek
Russia and China are using the Shanghai Cooperation Organization to rally some of Asia's biggest military powers in a show of force that may challenge the West's hold on the region. Read the full story
Exclusive: France restricts travel by diplomats to Iran
Reuters
France has told its diplomats and foreign ministry officials to postpone indefinitely all non-essential travel to Iran, citing a foiled bomb plot and a hardening of Tehran's attitude towards France, according to an internal memo seen by Reuters. Read the full story
d
ISX Update:
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Wednesday 8/29/18 did update on the indicative rates Sell Rate 1190
The currency auction is 138,743,100
There are no news and announcements today.
The CBI did update on the indicative rates Sell Rate 1190
Value Traded
16,301,009,306
Shares Traded
45,453,215,009
ISX ended in Red
Kauaihn Chatter:dd
http://www.dinarguru.com/
8-29-2018 Intel Guru Frank26 IF I COULD GIVE YOU A TITLE FOR THE MONTH OF AUGUST I WOULD CALL IT..."GAME ON"... GOD ONLY KNOWS WHEN THEY WILL RI...BUT THEY ARE TRYING TO TELL YOU...THAT THEY ARE GOING TO...IMO. ...FROM THE 3RD TO THE 10TH WILL BE LOUD ABOUT...JUSTICE AND...ABOUT THE CURRENCY OF IRAQ...SOMETHING'S HAPPENING...AND YOU KNOW IT...WE HAVE NEVER BEEN ON THIS GROUND BEFORE...INDEED...GAME IS ON....
8-28-2018 Newshound Guru Adam Montana ...the one thing that is missing, now that the Elections are mostly concluded, is HCL. I know I harp on that a lot, but it's truly the one thing I see that MUST be done in order to have a successful RV.
8-28-2018 Newshound Guru Walkingstick Article: “Legal expert: If the first session of the parliament is not held, the president will set a new date” [Say it ain’t so that Massoum can put off the Sept 3rd date. Am I reading this correctly?] No...he can not... ...The article, is not...referring to Masum...changing the date... But, setting a new date if a quorum is not met.
8-28-2018 Intel Guru Frank26 WS [Guru Walkingstick] brought us Exchange website with 127 countries...they are positioning right now...But once they RI...volume will be volatile...trading will explode...this introducing is for Global Markets! ...when Central Banks saw that...CBI telling Countries it's a form of Declaration of confidence of the IQD! The pairing was not done for nothing! It shows the final stages of the Monetary Reform...The only tool CBI has been using is the Auctions & Art 8 in order to stay + or - 2%...But if they RI they will be given more tools to maintain 2%. Talk within circle of CBI & all Private Banks & understanding is...they will get official nod when to prepare... ALL Banks around the world...every Bank on this planet is connected to the CBI...wow! [post 2 of 2]
8-28-2018 Intel Guru Frank26 [highlights via Clare] Iraq...don't mess up! USA is in control...Don't mess up with Debt or Inflation or Iranian influence on the Auctions or with Debt on the Budget... we will impose Sanctions & Bring in more Military if you do!! ...Pressure to do something NOW! 6-8 banks in Iraq under suspicion of funneling $ to Iran...UST wants them to RI NOW! In so doing, shuts the tool which is, misuse of the CBI Auctions...They are being told STOP THE AUCTIONS which is the definition of the RI of the currency. Abadi & Cabinet are the Executive Branch! They are important to the RI not the Parliament...Sept. 3rd seat GOI & Sept. 5th HCL in effect for Citizens...on cards. [post 1 of 2....stay tuned]
8-28-2018 Newshound Guru Currency365 MAYBE THEY'LL ANNOUNCE IT MONDAY? [Largest Block ?] ...Fuad Masum issued a decree calling the House of Representatives to convene Monday 9-3-18. The session shall be chaired by the oldest member. The decree shall be implemented from the date of its issuance and published in the Official Gazette.
8-28-2018 Newshound/Intel Guru Mnt Goat So today [Monday] we are told that Iraq is supposed to announce the largest bloc and give their line-up of candidates for the needed govt positions. I suspect if they don’t get these votes committed from the KRG to the Sadrist Movement soon this may stall the announcement and they may even go right up to September before they make it. We wait and see how it plays out.
8-28-2018 Newshound Guru Walkingstick Article: “Legal expert: If the first session of the parliament is not held, the president will set a new date” [Say it ain’t so that Massoum can put off the Sept 3rd date. Am I reading this correctly?] No...he can not... ...The article, is not...referring to Masum...changing the date... But, setting a new date if a quorum is not met.
8-28-2018 Intel Guru Frank26 WS [Guru Walkingstick] brought us Exchange website with 127 countries...they are positioning right now...But once they RI...volume will be volatile...trading will explode...this introducing is for Global Markets! ...when Central Banks saw that...CBI telling Countries it's a form of Declaration of confidence of the IQD! The pairing was not done for nothing! It shows the final stages of the Monetary Reform...The only tool CBI has been using is the Auctions & Art 8 in order to stay + or - 2%...But if they RI they will be given more tools to maintain 2%. Talk within circle of CBI & all Private Banks & understanding is...they will get official nod when to prepare... ALL Banks around the world...every Bank on this planet is connected to the CBI...wow! [post 2 of 2]
8-28-2018 Intel Guru Frank26 [highlights via Clare] Iraq...don't mess up! USA is in control...Don't mess up with Debt or Inflation or Iranian influence on the Auctions or with Debt on the Budget... we will impose Sanctions & Bring in more Military if you do!! ...Pressure to do something NOW! 6-8 banks in Iraq under suspicion of funneling $ to Iran...UST wants them to RI NOW! In so doing, shuts the tool which is, misuse of the CBI Auctions...They are being told STOP THE AUCTIONS which is the definition of the RI of the currency. Abadi & Cabinet are the Executive Branch! They are important to the RI not the Parliament...Sept. 3rd seat GOI & Sept. 5th HCL in effect for Citizens...on cards. [post 1 of 2....stay tuned]
8-28-2018 Newshound Guru Currency365 MAYBE THEY'LL ANNOUNCE IT MONDAY? [Largest Block ?] ...Fuad Masum issued a decree calling the House of Representatives to convene Monday 9-3-18. The session shall be chaired by the oldest member. The decree shall be implemented from the date of its issuance and published in the Official Gazette.
8-28-2018 Newshound/Intel Guru Mnt Goat So today [Monday] we are told that Iraq is supposed to announce the largest bloc and give their line-up of candidates for the needed govt positions. I suspect if they don’t get these votes committed from the KRG to the Sadrist Movement soon this may stall the announcement and they may even go right up to September before they make it. We wait and see how it plays out.
8-28-2018 Intel Guru ADMINBILL So here we are after another weekend with high expectations once again with no RV. Next stop, Labor Day Weekend? Let's see what develops today and through the week...There is absolutely no reason to be down in the dumps...!
8-28-2018 Newshound Guru Breitling ...Do you think the coke and the candy bar are gong to stay at a tenth of a penny? Yeah, then they would be millionaires inside of Iraq. But it’s not. The coke and the candy bar are now going to be worth a US dollar. So they don’t gain like you and I gain. We bet with the US dollar and they did not…Price of real estate, prices of goods and services, the labor force, everything will follow the value. For some reason people confuse that. You and I bought at a tenth of a penny out of a US dollar. So that is where we get our gains... [Post 2 of 2]
8-28-2018 Newshound Guru Breitling We alway get this question, “One day it’s going to revalue in Iraq and all these Iraqis are going to be instant millionaires…” Its’ doesn’t work that way…what happens is that you and I used the US dollar to purchase the currency…at a tenth of a penny. The Iraqi’s were given that currency. So the market inside Iraq reflects that tenth of a penny. In other words if you go down to buy a coke or candy bar…it’s based on an economy based on a tenth of a penny. What do you thinks going to happen when the value of the Iraqi dinar goes up to a buck? [Post 1 of 2 Stay tuned]
8-28-2018 Newshound Guru Kaperoni The media in Iraq is reporting an increase in the spread today [Monday]. Sale of dollar is 1220 to $1 and purchase of dollars is 1210 to $1. It looks like the CBI has fallen out of IMF compliance. Continue to monitor.
[Side Note: The latest CBI reported market rate can always be found on the left side of this page...the last CBI update shows the market rate of 1207 as of 8-28-2018...this is within the 2% rule.]
8-28-2018 Newshound/Intel Guru BGG I am assuming any governing body with say in this matter is going to refrain until the results are final and a government transition is made or is being made. Just my thinking....Short story: I am very encouraged with what we are seeing in the news right now. It’s no guarantee of anything right away – but it looks like some big moves being in the right direction. [post 2 of 2]
8-28-2018 Newshound/Intel Guru BGG Where are we with this investment? It’s something I get asked all the time. So many have been wrong – me included. Here are some thoughts on the current situation that may help some folks. So many say the politics don’t matter to the currency. This isn’t exactly accurate. The politics impact the economy… Iraq’s currency is, by many astute accounts, “grossly undervalued”. A basic definition of currency? It is a promissory note on the underlying economy of the country. [post 1 of 2....stay tuned]
8-28-2018 Newshound Guru Breitling ...Do you think the coke and the candy bar are gong to stay at a tenth of a penny? Yeah, then they would be millionaires inside of Iraq. But it’s not. The coke and the candy bar are now going to be worth a US dollar. So they don’t gain like you and I gain. We bet with the US dollar and they did not…Price of real estate, prices of goods and services, the labor force, everything will follow the value. For some reason people confuse that. You and I bought at a tenth of a penny out of a US dollar. So that is where we get our gains... [Post 2 of 2]
8-28-2018 Newshound Guru Breitling We alway get this question, “One day it’s going to revalue in Iraq and all these Iraqis are going to be instant millionaires…” Its’ doesn’t work that way…what happens is that you and I used the US dollar to purchase the currency…at a tenth of a penny. The Iraqi’s were given that currency. So the market inside Iraq reflects that tenth of a penny. In other words if you go down to buy a coke or candy bar…it’s based on an economy based on a tenth of a penny. What do you thinks going to happen when the value of the Iraqi dinar goes up to a buck? [Post 1 of 2 Stay tuned]
8-28-2018 Newshound Guru Kaperoni The media in Iraq is reporting an increase in the spread today [Monday]. Sale of dollar is 1220 to $1 and purchase of dollars is 1210 to $1. It looks like the CBI has fallen out of IMF compliance. Continue to monitor.
[Side Note: The latest CBI reported market rate can always be found on the left side of this page...the last CBI update shows the market rate of 1207 as of 8-28-2018...this is within the 2% rule.]
8-28-2018 Newshound/Intel Guru BGG I am assuming any governing body with say in this matter is going to refrain until the results are final and a government transition is made or is being made. Just my thinking....Short story: I am very encouraged with what we are seeing in the news right now. It’s no guarantee of anything right away – but it looks like some big moves being in the right direction. [post 2 of 2]
8-28-2018 Newshound/Intel Guru BGG Where are we with this investment? It’s something I get asked all the time. So many have been wrong – me included. Here are some thoughts on the current situation that may help some folks. So many say the politics don’t matter to the currency. This isn’t exactly accurate. The politics impact the economy… Iraq’s currency is, by many astute accounts, “grossly undervalued”. A basic definition of currency? It is a promissory note on the underlying economy of the country. [post 1 of 2....stay tuned]
8-27-2018 Newshound Guru Walkingstick [If they fall out of 2% compliance do they have to go another 90 Days?] No...In a nut shell...It is an issue. [Guru] Deltas response is accurate, due.. to the fact, the 2% compliance can easily spiral out of control... due to the CBI's continued use of the auction, as a tool/ their limitation of use of the tools available, that can be utilized to reel in or maintain the +/- 2% compliance... [reference Guru Delta's post 8-27-2018]
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
**************
ARTICLE 1 (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 Tuesday 28 August 2018 under the chairmanship of the Prime Minister Dr. Haider Abadi.
The Cabinet discussed extensively the measures taken to address water pollution in the province of Basrah. A report was submitted to the governmental committee that went to Basra and a number of decisions were taken.
A - The commitment of the Ministry of Water Resources to deliver the water quota of the province of Basrah to a rate of 75 cubic meters / second to the borders of Basra and the removal of abuses on the river.
B) Monitoring the chlorine content in the water produced at the filter stations around the clock and holidays, including water projects managed by the private sector and follow-up grants of fundamentalist licenses.
C- Strengthening the Basrah Health Department with medicines and laboratory supplies, and committing to conducting laboratory tests and checking water from the filter stations.
D) Launching the implementation of the Basra sewage treatment project, which has been suspended since 2015.
(E) The province of Basra shall repair the fractures in the distribution networks and allocate the necessary amounts of the petrodollars.
The Ministry of Municipalities was instructed to investigate the reasons for the decrease of chlorine in drinking water in Basrah governorate and provide results within a week.
The session witnessed the vote on the implementation of the demands of the demonstrators in Karbala, Basra, Dhi Qar and Najaf.
The cabinet decided to allocate a residential plot for young athletes with gold, silver or bronze medals.
The first amendment to the Law of the Ministry of Education No. 22 of 2011 was voted on.
The Council voted to protect the product of the coated and non-coated metal pipes.
The vote was taken by the National Investment Commission to grant the investment license for the construction of the Kirkuk oil refinery.
The Council of Ministers voted to grant a license to establish a civil university in the name of (American University / Iraq Baghdad) in the province of Baghdad.
The sale of the plot No. (19/15 / Seven Akkar) of the Ministry of Industry and Minerals was voted on to its occupants.
The Council approved the sale of an area of 15 dunums on part of the plot numbered (7/101 / Marhaba district) and 40 dunums of the plot numbered (2/6/3 Bargha district and iron to the teachers' union / Diyala branch without public bidding and real allowance for distribution To the teachers in Diyala.
Also voted on the decisions and guidance of the Iraqi Economic Development Conference.
Based on the provisions of Article 4 of the Third Amendment Law of the Iraqi Council of Representatives Law No. 45 of 2013, the Council of Ministers decided that the provisions of the said law must be implemented, which provided for the suspension of the work of the members of the Independent High Commission for Elections until completion of the investigation of fraud crimes referred to by the decision of the Council of Ministers, All decisions issued are null and void.
Prime Minister 's Media Office
28 August 2018
*************
ARTICLE 2
Tweets posted on Government of Iraq twitter account; all posted on 8-28-2018 around 3:15 pm Eastern:
- PM @HaiderAlAbadi: The next government must continue the current government's approach to maintaining security, extending the rule of law, developing the economy and supporting the private sector.
- PM @HaiderAlAbadi: I call on the political blocs not to fight for positions, but to move the political process towards a strong state that serves the citizens, and continues the overall development of Iraq
- PM @HaiderAlAbadi: I call for cooperation between the political blocs to develop an integrated government program that provides services to citizens, supports the reconstruction process and provide employment opportunities to our citizens
- PM @HaiderAlAbadi: The provision of potable water to the citizens is essential. We sent a delegation to the province of Basra to work out the obstacles and reach a solution
- PM @HaiderAlAbadi: We held a series of meetings with @siemens_me, and agreed on an integrated roadmap and a program to solve the electricity issues. We will launch a program that will respond all citizens’ needs
- PM @HaiderAlAbadi: The @IraqiGovt is working to build Iraq’s national economy through an integrated plan. We are optimistic about the increase in the oil price, and that the Iraqi economy is now solid
- PM @HaiderAlAbadi holds his weekly press conference in Baghdad, briefs media on public services, national economy and political developments
*************
ARTICLE 3
UNHCR is surprised by the continued suspension of work and challenged the decision of the Council of Ministers
2018/8/29 10:17
[Ayna-Baghdad]
The Board of Commissioners of the Electoral Commission issued the recent decision of the Council of Ministers on the continued suspension of the work of the Board of Commissioners on the exercise of their functions.
The Council of Plenipotentiaries in a statement received by the agency all of Iraq [where] a copy of the resolution as "represents a violation of the principle of separation of powers and the work of independent bodies as the Electoral Commission subject to the control of the House of Representatives, a problem by him in accordance with Article 102 of the Constitution, Deputies ".
He pointed out that "the Council of Ministers violated its latest decision on the basis of the third amendment to the law of the election of the Council of Representatives No. 45 of 2013 amending, while the provisions of the amendment was clear on the suspension of the work of commissioners and directors of provincial offices and until the completion of the investigation of fraud crimes."
He added that "there was a five-year ministerial committee problem to investigate, and the committee completed its work and submitted its recommendations according to the letter No. 14810/3/1/1 dated 2018/7/15 to the Prime Minister, who in turn endorsed its recommendations and sent according to the letter of the Secretariat of the Council of Ministers No. 2539/42/65/1/2 / dated 2018/7/25 of the Board of Commissioners of the assigned judges and was issued a decision to implement the recommendations of the removal of three directors of the provincial offices and two employees.
He pointed out that "after the end of the work of judges assigned by the ratification of the Federal Court on the results in 2018/8/19, which proved a great match in the results by nearly 99% and after their break-up on August 20, the commissioners and office managers were directly to their work, [The end of the suspension of work by the end of the investigation of crimes of forgery], which is already non-existent, especially after the results match that the disruption of the work of the institution and the consequent negative effects on the overall democratic process in the country, especially as there is an electoral entitlement soon borne by those who have taken decisions do not have Support from The Law.
The Council of Commissioners stressed that "the legal methods will be used to challenge decisions affecting the independence of the Commission in accordance with the Constitution and Law No. 11 of 2007 and calls on the Commission President and the Council of Representatives and the next and all political leaders and events to stand with them and protect and prevent interference in its work."
The Prime Minister Haider Abadi, announced on Tuesday evening, that all decisions issued by the Electoral Commission is void until the completion of the investigation of fraud crimes. "
Abadi added that "the Council of Ministers decided to implement the provisions of the law, which was legislated by the Council of Representatives, which provides for the suspension of the work of members of the Independent High Electoral Commission until the completion of the investigation of fraud crimes referred to the decision of the Council of Ministers.
*************
ARTICLE 4
Al-Jubouri: The political scene is witnessing a resurgent movement after the first parliamentary session
2018/8/28 18:13
[Ayna-Baghdad]
Former Speaker of the House of Representatives Salim al-Jubouri discussed with the envoy of the US President for International Alliance Affairs, Brett McGurk, the efforts of the political parties to form the new government.
"Al-Jubouri discussed during his meeting at his office in Baghdad, Tuesday, MacGurk, the security and political developments in the local and regional affairs, and ways to enhance joint cooperation between Iraq and the United States of America and at all levels," a statement from his office said. .
"The meeting also dealt with the efforts of the political blocs and their understandings on the formation of the next government and its role in reaching a unified vision on the form of a new government cab that meets the aspirations of the Iraqi people.
Al-Jubouri stressed during the meeting that "every effort should be made to accelerate the formation of a government that includes all without excluding or excluding any of the political parties and in line with the great challenges facing Iraq, which requires consensus and vision in order to move a new stage to achieve the aspirations of the Iraqi people" .
He added that "the political scene is witnessing a vigorous movement, especially after the date was set for the first session of parliament, which we look forward to be complementary to the march and achievements of the previous parliament."
*************
ARTICLE 5
Integrity: the return of a property to the Ministry of Municipalities in Karbala worth one billion dinars
2018/8/29 11:52
[Ayna-Baghdad]
The Investigation Department of the Integrity Commission announced the implementation of a seizure and falsification of a property belonging to the Ministry of Municipalities and Public Works in Karbala governorate.
A statement of integrity received by the agency all of Iraq [where] a copy of it, "the Chamber indicated that the staff of the Karbala investigation office in the body to carry out a seizure on the basis of a judicial control note; to control the manipulation of forged real estate documents and change the ownership of other persons contrary to the law, The property is located in the Islah district in the center of Karbala province, worth an estimated one billion dinars.
Integrity added that "the competent investigating judge issued an order to place the reserve on the property and hand it to the representative of the municipality of Karbala as a third person; to maintain it until a civil action by the Municipality Directorate to invalidate the incorrect restrictions and return the property to them, in addition to issuing orders for the defendants, Article 289 of the Penal Code ".
It is noteworthy that the Integrity Commission was able during this year to restore the ownership of real estate group in the province of Karbala estimated value of more than 220 billion dinars to the ownership of the state.
*************
ARTICLE 6
Rafidain opens a branch in the headquarters of the Tax Authority
2018/8/29 8:27
[Ayna-Baghdad]
Rafidain Bank announced the opening of a branch at the headquarters of the General Authority for Taxation to provide banking services to citizens and employees.
"The Inspector General of the Ministry of Finance, Maher Al-Bayati, opened the tax branch in the presence of Assistant Director-General Victoria Izzat Zarzis, Director General of the Tax Authority Abbas and a number of officials," the media office of the bank said in a statement.
"The branch will contribute significantly to the recovery of the national economy and stimulate banking transactions for its customers and provide the best financial services for them," the statement said.
*************
ARTICLE 7
Shocking facts about ice cream ingredients
LONDON (Reuters) - Ice cream enthusiasts on hot summer days are likely to be shocked by news from England about the reality of vanilla ice cream, which many admire around the world.
The longest free wave to hit the United Kingdom since 1976 drove Britons to their favorite ice cream to ease the heat, but they were deceived.
An investigation by a consumer protection group revealed on Monday that supermarkets and famous brands were cheating on vanilla-flavored ice-cream ingredients, known for their high popularity.
According to the investigation, the favorite ice cream flavor is vanilla, cream and fresh milk, the main ingredients of this cold candy.
The most popular ice cream in Britain and the world is supposed to be made by mixing the following ingredients: vanilla, cream, fresh milk, yolk and sugar.
The investigation indicates that the manufacturers are replacing fresh milk with a fresh, fat-free one, and they use a flavor that is close to the vanilla but is not.
Which makes it scandalous that it is "public behavior" in supermarkets and brands, not an individual case.
The association said that half of the 24 ice cream boxes included in the investigation contained the three components, while the remaining 12 contained only some ingredients or none at all.
No comments:
Post a Comment