17/9/2018 12:00 am
An initiative to rehabilitate Baghdad bridges in coordination with banks
Baghdad / Abbas Abboud and Ahmad Abed RabboThe governor of the Central Bank Ali al-Alaq that the size of reserves of hard currency up to 60 billion dollars, and covers 170 percent of the size of the mass of the local currency, while revealing the existence of a plan for the future restructuring of the Iraqi currency. Al-Aalak said during a dialogue with him "morning", that the Central Bank will launch in coordination with the banks initiative to rehabilitate the bridges of Baghdad, similar to the Baghdad initiative launched to rehabilitate the public squares. Of things to be calculated for the central bank is the exchange rate stability, how is it? What are your future plans in this direction? - The stability of the exchange rate is one of the macroeconomic features, and is an important indicator of the stability of the country economically, which makes it a key task of the Central Bank, as stated in the law, because it is directly linked to the purchasing power of citizens, This means that any disruption in the standard of living of the citizens may increase the challenges faced by the government, so we have worked hard to stabilize the exchange rate and reduce inflation rates. . We have succeeded in overcoming a very complex and challenging phase, especially when the country's oil revenues have fallen to 70 percent in some months, in light of the war against terrorist gangs by setting a set of balances that have made inflation no more than 2 percent.
(Say What?)
Will the value of the Iraqi dinar remain the same or is there an intention to raise it? - The exchange rate in Iraq follows a monetary policy based on the fixed exchange rate of the dinar and this does not mean absolute stability, may come under some circumstances may increase or reduce it according to various economic data. We are currently moving towards no change in the value of the dinar, as it is not right to make changes under completely unstable conditions, which may confuse the overall situation. Why are not there large quantities of small coins, and what is the reason for the absence of metal groups? - We have small currencies in the appropriate quantities, but the frequent movement and circulation and use and lack of attention to lead to damage quickly, as the Central Bank of Iraq after 2004 to mint coins in large quantities but did not receive acceptance or popularity in the local market, which caused losses, Because the market has been accustomed to paper currency making it difficult to market the coin. So the central bank recently put in place a plan to compensate for the existing small categories damaged, as next month will be large quantities of them will meet the needs of the market completely. On the other hand, we receive a lot of damaged banknotes and replace them with new banknotes through an expanded committee that checks them to make sure they are correct. Our doors are open to citizens to receive any amounts of damaged currency. Where does the central bank print the local currency? - We print in international companies, possess enough capacity to print banknotes within the advanced security standards in France, England and Germany, the design is by the Central Bank, and the paper used in printing is very high specifications. The Central Bank is trying to print non-counterfeit paper. We have succeeded in this. The counterfeit quantities are very few and negligible, and we have very advanced equipment in the electronic and electronic detection of counterfeit currency, called comprehensive machines, so we do not rely on human effort Just. The central bank has recently offered the category of 50,000 dinars, is there an intention to put the category of 100 thousand? - These ideas are traded by the Central Bank, but at the present time, there is a tendency in some countries to reduce the categories of currencies so as not to be stored or counterfeited, and that the currencies of small groups, may lead the citizen to bid farewell to banks for the difficulty of storage. But generally the central bank has a future plan to restructure the Iraqi currency, including the deletion of zeros, but that plan needs to deliberate steps, and a stable situation in order not to be exploited in the fraud and other. How does the dollar sell in the central bank or what is known as the currency auction? - It is a common mistake now to talk about the currency auction in some media and social networking sites, while this auction has been suspended since 2006, but what is happening now is the process of financing the foreign trade of the dollar, covering the country's needs for import in addition to the requirements of travel and treatment And the transfer of profits resulting from investments and others. The government gets the dollar through the sale of oil and then replace the dollar with the Iraqi dinar from the central bank, because the balance of the state's financial dinars, and then the central bank to withdraw the local currency from the market and replace them in dollars, to maintain monetary stability . The process of withdrawing the dinar by meeting the market need of the dollar represents a revaluation of the local currency, and this method does not represent the diligence of the Central Bank, as its law provides for the sale of foreign currency in a simple and unconditional manner, in addition to the existence of an agreement between Iraq and the IMF International approved by the House of Representatives in 2008 provides for this. The situation in Iraq is different from other countries, because of the lack of diversity in the financial revenues of hard currency other than oil, as the Iraqi private sector is unable to support the local market in dollars through imports, which makes the market depends entirely on trade finance Through the central bank . How much is the central bank's reserve of foreign currency and what is the size of the local currency's currency? - The size of the cash reserve of foreign currency is always measured to the size of the currency mass of the local currency in the market, in addition to other international standards, especially as the International Monetary Fund recently developed a new standard, which added the ability of the state to cover trade and debt repayment. As for the Central Bank of Iraq, it has a reserve of foreign currency is very comfortable within international classifications and is ahead of other countries, compared to the mass of cash offered by the local currency, as the reserve is close to 60 billion dollars, compared to 43 trillion dinars, which means it covers 170 percent of the size The monetary bloc, especially as the Arab Monetary Fund considers Iraq to be a country that exaggerates the size of reserves of foreign currency. Are there any bodies that monitor the reserves of foreign currency and can the central bank act in such funds? - The supervision is subject to several levels, foremost of which is the Internal Control Department of the Central Bank, in addition to an audit committee composed of independent observers who report to the Board of Directors of the Bank. The Committee also supervises the Internal Audit Department of the Central Bank. In addition, On the final accounts of the Central Bank, the data of this office are internationally accredited by the international financial institutions, not to mention the ongoing monitoring by the Office of Financial Supervision. The Central Bank of Iraq is the most institution subject to the multiplicity of regulatory bodies, and can not be disposed of any amount except within the standards provided for in the law and adopted internationally, so the rumored lack of reserve or conversion are all false rumors. What happened during the past years, from the decline in oil prices sharply, so did not stop the revenues in some months to fill the salaries of employees, made the Central Bank to two options, either the collapse of the situation or intervention to save, so the government issued treasury transfers worth 20 trillion dinars, And we bought them from the market, which affected the size of the cash reserve at the time, but we maintained the balance by maintaining the reasonable level of this reserve in exchange for meeting the need for the budget and maintain the exchange rate and inflation rates, this achievement is recorded to the Central Bank and has become highly praised by international organizations. How do you evaluate your relationship to the country's fiscal policy? - There is a close relationship, but along the line fiscal policy negatively affects the monetary currency, because the first may take certain trends do not benefit the second, for example when he notes a decline in foreign exchange reserves draws criticism to the central bank, but in fact When the budget law recognizes a financial deficit and provides for the deficit to be met by treasury transfers, it means that such remittances will be financed by the central bank. Is the number of private banks exaggerated, and how do you evaluate their work? - When I took responsibility, I found that the number of private banks and transfer and exchange companies outweigh the need of the market, as we did not grant any new license to open a commercial bank or leave a banking company, and we have canceled the financial transfer companies, with an intention to restructure banking companies, leading to control The biggest is there is a plan to merge some banks. But granted us licenses to open a number of Islamic banks based on the facilities provided by its law as the Council of Representatives put a paragraph to help establish the reduction of capital required at the establishment. There are currently 70 banks working in the country, 20 of which are branches of foreign banks, but most of them are newly formed, so did not reach the level of ambition, and these banks worked under exceptional circumstances experienced by the country. The initiatives of private banks to lend to citizens are very limited. Why? - As you know, the main task of banks is to provide credit through the granting of loans and other services, in return, take the money of depositors and give them a percentage of interest, but Iraqi banks in general have great difficulty in the practice of this activity, when you grant a loan, often does not meet the borrower to pay on Despite the large guarantees taken by banks and the high interest rate, as borrowers could be up to 20 percent. The problem is that when the bank starts its actions against the borrower, for example, the property is facing a significant delay in legal proceedings by other parties, in addition to tribal or partisan threats, which makes banks afraid to grant loans. Recently, there has been talk of replacing the dollar with other currencies in remittances with Iran because of US sanctions. How will this happen? - The transfer of the dollar from Iraq to Iran has been suspended since 2012, and the Iranians are aware of this, as the conversion in other currencies, because any transfer of dollars will pass the US Federal Reserve, which leads to the suspension of the transfer. Is there a control of the Central Bank in its branches in Kurdistan? - There was an abnormal situation in the status of branches of the Central Bank in Erbil and Sulaymaniyah, where it belongs to the Ministry of Finance in Kurdistan and this represents a violation of legal and constitutional, at a time that all countries of the world have one central bank, so we moved with the provincial government and agreed with them to close those branches, And the opening of a new, so the Central Bank opened its new branch in Erbil and will open another branch in Sulaymaniyah, as the central bank is currently playing its full role in Kurdistan. What is the role of the Central Bank in supporting community initiatives and activities, such as the Baghdad Initiative launched by the Association of Private Banks? - We are working in the Central Bank to stimulate social contributions and initiatives by the banking sector and other financial institutions. We have established an optional fund called Tamkeen, in which banks and exchange companies participate in monthly amounts. We have established an internal system for this fund and a board of directors. As well as environmental and youth. Within this fund, we coordinated with the Ministry of Agriculture to dig artesian wells in some Iraqi provinces to contribute to solving the water scarcity experienced by the country, as we seek to launch the initiative to rehabilitate the bridges of Baghdad in order to appear properly. Honored by the Union of Arab Banks as the best Arab central bank governor, what are the most important achievements that led to this honor? - We, as a central bank, have close relations with central banks and international or Arab organizations, and those relations we have worked to deepen in order to benefit from those institutions in the transfer of the central bank from a bank that works with the mechanisms, standards and objectives of the twentieth century to another working in the 21st century, We have succeeded for a long time in introducing new functions and tasks in the Bank's work related to financial and monetary stability, developing methods of monitoring and abiding by the rules, methods and standards of combating the laundering of illiteracy. Terrorism financing, risk management, overall quality and economic modeling . The US Treasury Department said that the efforts exerted by the Central Bank in this regard are equal to the effort it has made in its previous history, as Iraq was classified in the financial organization responsible for the classification The countries within the framework of money laundering, within the gray area, and his way to enter the black area, to become a financially isolated area and the Iraq assessment report contains 700 observations. In the past few months, we have become the normal follow-up region, as we have been in the world, in the face of the great challenge that the country has experienced in terms of security and finances. So we have become very impressed with these financial institutions. , Federation of Arab Banks |
WOTS Monday 9/17/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,185.0000 | 1,185.0000 | 1,185.0000 | | 14:36 |
| USD/VND | | | 23,213.5000 | 23,213.5000 | 23,213.5000 | | 12:00 |
| USD/CNY | | | 6.8699 | 6.8699 | 6.8699 | | 18:00 |
| USD/KWD | | | 0.3023 | 0.3023 | 0.3023 | | 16:50 |
| GBP/USD | | | 1.3067 | 1.3067 | 1.3067 | | 15:01 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,801.0000 | 14,801.0000 | 14,801.0000 | | 17:47 |
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Central: The cash reserve is approaching $ 60 billion and we have a plan to delete zeros from the local currency
BAGHDAD / The governor of the Central Bank Ali al-Alak on Monday that the size of reserves of hard currency up to 60 billion dollars, and covers 170 percent of the size of the mass of the local currency, while noting that there is a trinity to put the category of 100 thousand.
Al-Alak said in an interview with Al-Sabah newspaper that "the size of the foreign exchange reserves is always measured by the size of the local currency in the market, in addition to other international standards, Adding the ability of the state to cover trade and pay off debts. "
He added that "the central bank has a reserve of foreign currency is very comfortable within international classifications and is ahead of other countries, compared to the mass of cash offered by the local currency," noting that "the reserve is close to 60 billion dollars, compared to 43 trillion dinars, which means he covers 170 percent of the size of the monetary bloc, especially as the Arab Monetary Fund considers Iraq from countries that exaggerate the size of reserves of foreign currency.
On the issue of the currency of the category of 100 thousand dinars, Alaak stressed that "these ideas are traded by the Central Bank, but at the present time," he pointed out that "there is a tendency in some countries to reduce the currency categories so as not to be stored or falsified."
"The central bank has a future plan to restructure the Iraqi currency, including the deletion of zeros, but this plan needs to take deliberate steps, and a stable situation fully so as not to This is exploited in fraud and other acts. "
The Central Bank of Iraq, on July 12, 2018, that Iraq's reserves of foreign currency amounted to 55.7 billion dollars, noting that Iraq has 89 tons of gold.
Parliament begins to form its committees
Date of release: 2018/9/17 11:27 • 186 times read
(Baghdad: al-Furat News) announced the deputy for the block of the Al-Hamaidawi fountains to guide the Presidency of the Council of Representatives to form a parliamentary committee to oversee the distribution of members of parliament on the specialized committees each according to his competence.
Al-Hamdawi said in a statement issued by the media office on Monday received the agency {Euphrates News} a copy of it, "The Speaker of Parliament Mohammed Halbousi on Sunday after taking over the presidency of the formation of a joint committee of members of Parliament oversees the distribution of members of the House of Representatives to the specialized committees."
She added that "the committee has not yet formed and left the matter to the Presidency," noting that "the distribution will be each deputy according to his specialty."
The House of Representatives completed on Sunday the designation of his presidency by the election of the second deputy to the presidency of the Council and the adjournment of the meeting to the twenty-fifth of September.
She added that "the committee has not yet formed and left the matter to the Presidency," noting that "the distribution will be each deputy according to his specialty."
The House of Representatives completed on Sunday the designation of his presidency by the election of the second deputy to the presidency of the Council and the adjournment of the meeting to the twenty-fifth of September.
Halabousi takes office as speaker of parliament Iraqi Parliament sets 25 days for the election of the President of the Republic
Monday, 17 September 2018 Source: Al-Anbaa - capitals - agencies
Iraqi parliament speaker Mohamed Halboussi on Thursday set a date for the election of the president.
"I thank all the members of the House of Representatives for giving me the confidence to contribute to the consolidation of the principles of the constitution," said Halboussi, after taking office as speaker of the old parliament. He stressed that «the benefits of the current phase is to work with the executive institutions and independent away from partisan and sectarian and the importance of work in the reconstruction of liberated areas and the advancement of services and the continuation of the reform process».
He said: "I call for the direction of building and peace and the completion of the necessary legislation, which is still in the inclusion of the Council and resolve in the face of corruption in all forms and types." He added that «the opening of the nomination for the post of President of the Republic will be through the announcement of the date through the website of the House of Representatives, and raise the first session to the 25 of this month».
In the same context, revealed a Kurdish political source yesterday, the candidate most likely to the presidency of the republic and the source said in an interview for «Alsumaria News», that he is «Mullah Bakhtiar». A high-level Kurdish source revealed that the Kurdistan Democratic Party and the Patriotic Union of Kurdistan reached an agreement to grant the latter the presidency after several negotiations between the parties.
The council elected Bashir al-Haddad from the Kurdistan Alliance as the second deputy speaker of the parliament. Haddad won 185 votes out of 282 votes in the second round, while his rival Ahmed Hama received only 53 votes while 16 blank cards and 28 invalid cards were recorded.
Haddad and Hamah, along with a third rival, Muthanna Amin, all failed in the first round of voting on Sunday, winning 165 votes needed to win the post. According to the political custom in Iraq, the second deputy speaker of the parliament must be exclusively for the Kurdish deputies. Haddad was born in Erbil in 1956 and holds a bachelor's degree in Arabic in 1996 and a master's degree in Islamic philosophy in 2003.
The parliament succeeded yesterday in the election of Mohamed Halabousi from the axis of (building) as a speaker of the parliament with 169 votes and Hassan Karim of the bloc in the axis of (reform and reconstruction) as first deputy to him by 210 votes.
Source: Agreement on the nomination of Adel Abdul Mahdi and Ali Abdul Amir Allawi for prime minister
17-09-2018 12:00 AM
A political source revealed on Sunday, an agreement between the political parties that the nomination of Adel Abdul Mahdi and Ali Abdul Amir Allawi to the post of prime minister.
The source told (Tigris), that 'there are pressures exerted on the Shiite blocs to provide Adel Abdul Mahdi and Ali Abdul Amir Allawi as candidates for the post to get out of the predicament of the largest bloc'
The source added that 'the political expectations indicate that Adel Abdul Mahdi is the closest to take office.'
The Iraqi government agrees to develop the gas field Mansouriya
Sep 17, 2018
BAGHDAD - Iraq's oil minister, Jabbar Ali al-Allaibi, announced on Sunday the approval of the Iraqi government to develop the Mansuriyah gas field with Iraqi capabilities.
He added in a press statement that «the national staffs in the oil company of the center and the goal of optimal investment of gas has begun its procedures in the rehabilitation processes and the development of urgent plans to develop the field Mansouriya gas, and the formation of a body to operate the Mansuriya field linked to the company, and empowered the Commission to expedite the development of the field for its importance in the supply of national production of Gas and invest it optimally ».
He also said that «field management of the national effort will achieve a number of goals, including the implementation of an urgent plan to produce gas up to 75-100 million standard cubic feet per day as a first stage, as well as reduce the cost of management and development and shorten the production time, to supplement the power plants in the region need Of dry gas. Moreover, the national administration will provide jobs for the Iraqi labor force and achieve sustainable development of the country. " Al-Luaibi said that the ministry has developed an ambitious program to achieve the planned goals, reach production rates of 320 million standard cubic feet per day, and production of liquid gas at the rate of 500 tons per day, and that the development will be in three stages. He explained that the ministry, through its formations, began to receive the field from the coalition of foreign companies that had won the contract in 2010 during the fourth licensing round, but did not succeed in the rehabilitation.
He pointed out that the rehabilitation procedures that will be carried out by the ministry will be according to global normative contexts, and will follow the plans and programs to modernize the investment of gas produced from the field to be added to national production.
He added in a press statement that «the national staffs in the oil company of the center and the goal of optimal investment of gas has begun its procedures in the rehabilitation processes and the development of urgent plans to develop the field Mansouriya gas, and the formation of a body to operate the Mansuriya field linked to the company, and empowered the Commission to expedite the development of the field for its importance in the supply of national production of Gas and invest it optimally ».
He also said that «field management of the national effort will achieve a number of goals, including the implementation of an urgent plan to produce gas up to 75-100 million standard cubic feet per day as a first stage, as well as reduce the cost of management and development and shorten the production time, to supplement the power plants in the region need Of dry gas. Moreover, the national administration will provide jobs for the Iraqi labor force and achieve sustainable development of the country. " Al-Luaibi said that the ministry has developed an ambitious program to achieve the planned goals, reach production rates of 320 million standard cubic feet per day, and production of liquid gas at the rate of 500 tons per day, and that the development will be in three stages. He explained that the ministry, through its formations, began to receive the field from the coalition of foreign companies that had won the contract in 2010 during the fourth licensing round, but did not succeed in the rehabilitation.
He pointed out that the rehabilitation procedures that will be carried out by the ministry will be according to global normative contexts, and will follow the plans and programs to modernize the investment of gas produced from the field to be added to national production.
Karbala police comment on news of a quarrel between Iraqis and Iranians in the city
2018/09/16 23:58 854 Editor:
Baghdad today - Karbala
Karbala police denied on Sunday evening a clash between Iraqis and Iranians in the province.
The police said in a statement received by "Baghdad today," it "denies the news published by one of the Iraqi channels, about a quarrel between Iraqis and Iranians in the province of Karbala."
"We have not recorded any incident of this kind and there is no injury or any complaint in this matter and we have the right to judicial reply to such news, and the satellite channels should be careful and careful of these subjects and take them from official sources and investigate the accuracy and accuracy of information, Circumstances".
Assad adviser stresses the need to open border crossings with Iraq
Date of release: 2018/9/17 10:23 • 220 times read
(Baghdad: Al-Furat News) Syrian President Bashar al-Assad's adviser stressed the need to open the border crossings between Syria and Iraq.
"The Iraqi ambassador in Damascus, Saad Mohamed Reza, met with the political and media advisor to the Syrian President Buthaina Shaaban, and reviewed the bilateral relations between the two countries and issues of common concern and developments on the Syrian and international arena," a foreign ministry statement said.
Ambassador Reza noted that "Iraq supports the issues related to the Syrian Arab Republic in regional and international forums," stressing that "Iraq and Syria face a common danger represented by terrorism."
For her part, Shaaban praised "the relations between the two brotherly countries, and stressed the need to open the border crossings between them because of its direct impact on relations and trade and economic exchange between the two parties."
Ambassador Reza noted that "Iraq supports the issues related to the Syrian Arab Republic in regional and international forums," stressing that "Iraq and Syria face a common danger represented by terrorism."
For her part, Shaaban praised "the relations between the two brotherly countries, and stressed the need to open the border crossings between them because of its direct impact on relations and trade and economic exchange between the two parties."
Kauaihn Iraq Articles:dd
Nujaifi for MacGork: The need to choose an efficient president and moderate prime minister
Release date: 2018/9/17 11:48 • 103 times read
BAGHDAD (Reuters) - The head of Iraq's ruling coalition, Osama al-Nujaifi, discussed Monday with US presidential envoy Brett McGurk and US Ambassador to Iraq Douglas Seelman the latest developments in the political situation regarding the presidency of the House of Representatives, the presidency and the prime minister.
The two sides "discussed" the government program and the means to reach a government capable of meeting the requirements of the country and promote it, "said a statement by the Nujaifi office.
Nujaifi, according to the statement, "the need to accelerate the election of the President of the Republic and the mandate of the Prime Minister and according to constitutional times," stressing "to achieve national consensus, and not to allow the breaking of wills to achieve goals that do not serve the homeland and citizens."
Nujaifi, according to the statement, "the need to accelerate the election of the President of the Republic and the mandate of the Prime Minister and according to constitutional times," stressing "to achieve national consensus, and not to allow the breaking of wills to achieve goals that do not serve the homeland and citizens."
He pointed out that "Iraq needs a president with experience and competence and be able to preserve the Constitution and ensure that it does not exceed it, and that it is necessary to succeed in selecting a moderate and acceptable Prime Minister of Iraq from international conflicts and the ability to establish broader relations with society To the benefit of Iraq. "
For their part, the US envoy and Ambassador Silliman expressed their "appreciation for Nujaifi's experience and efficiency and the need for his advice and guidance to support the political process in Iraq."
For their part, the US envoy and Ambassador Silliman expressed their "appreciation for Nujaifi's experience and efficiency and the need for his advice and guidance to support the political process in Iraq."
Iraq is on the brink of political change
17/9/2018 12:00 am
Ibrahim Abadi
Whatever the reasons that paved the way for the election of a new parliament speaker from the generation of young politicians, this event has its own symbolic significance. It means that the Iraqi political scene is gradually displacing traditional faces that dominated the façade, and the parties and leaders who were present The strong through the consensus and quotas and external support, will lose a lot of their influence and their positions and are going to address their failures and losses with new alliances to overcome the potential for exit from the influential participation in the administration of power.
I
Whatever the reasons that paved the way for the election of a new parliament speaker from the generation of young politicians, this event has its own symbolic significance. It means that the Iraqi political scene is gradually displacing traditional faces that dominated the façade, and the parties and leaders who were present The strong through the consensus and quotas and external support, will lose a lot of their influence and their positions and are going to address their failures and losses with new alliances to overcome the potential for exit from the influential participation in the administration of power.
I
n the past, the Iraqi political forces were killed to stay within the hierarchy of power and felt that their effective presence through major and major positions ensured them the maintenance of a popular base and a public presence. The Iraqi political life lacks the culture of the opposition, and because those who lose power no longer exist politically. To the world of oblivion, this is a matter of concern to many, personalities, streams and parties. On the contrary, this may raise the hopes of what they call the displacement of salvation, of political salvation, of old parties or forces that seem old and unable to renew themselves and adapt With data and conditions To Iraq, including popular demands that represent a change in mood and culture. If there is a serious change in the positions of the other presidencies, the prime minister and the republic, as it is in the political corridors, this means that Iraq is coming in a renewed picture of its political scene, changing the figures of the political troika, And the ruling powers, in a peaceful exchange of power, was not smooth and in democratic mechanisms free of pressure
And temptations.
And temptations.
But what is the role of the conflicting powers in the region, especially Iran and the United States in arranging and weighting the cards of this bloc at the expense of another? So far, the United States has appeared to be pressured but indecisive, but success has been an ally of Iran, whose representative in Iraq persevered in making contacts with all political forces. The result is that the apparent Shiite divide can not be controlled except by responding to the ambitions and calculations of the winning powers , Because it has a popular asset first, because it has political initiatives and multiple maneuvers to extract concessions from political forces, which has been the main organizer of the parties and forces of political Islam, the Shiite here is specifically the Islamic Dawa Party, which is about to leave power, in a test of his ability To be able to remain within the political forces active, or to retreat to himself, and to move to revive the organization and reform of relations with the public, but renewing himself, thought and theory, after painful setbacks damaged his reputation and history, and allowed the generation of party leaders competition to play on the internal divisions and organizational weakness, and the estimates of some of his uncounted men Well .
Some may leave the invitation to the prime minister's office an opportunity to get rid of the thorny responsibility of the party and the failure of the entire political system, including the institutions that brought the change in 2003. The competitors were able to take control of the political street with the power of populist steps and violent political spelling. The achievement of the crystallization of a negative image and awareness of anti-eat from the shelf of the new system and took the history and depth of the presence of the invitation in the Iraqi political reality as the party school more organized and organized generations of young people with orientation
Islamic.
Islamic.
The loss of the invitation will be double that came out of his hand as prime minister, and his presence behind the leadership of the masses of desperate to take him out of his position, which occupies since 2005, but the most serious is the loss of his balance at the Supreme Council in Najaf, which was seen as an important asset in the Iraqi political equation It is true that it is an elitist party, that it bears a large part of the responsibility for the political failure and the general decline, but its history and its moderation compared to others still qualified him for the role of a prominent and active politician, before he was overwhelmed by the problem of the two lists and the subsequent rivalry that reached the conflict. Loss of the Dawa Party for its balance and h It will not be in favor of a real change in the political structure and the general climate in Iraq, but it will be the beginning of a major fragmentation affecting all political forces amid sharp polarizations and ideological conflict. The call represented, in the opinion of observers, an attempt to rationalize party work between Shiite currents on the right and left of the call, Closed, and others, extreme and relentless. But the entire experience will be witness to the vicissitudes and failures of intellectual and political failure and the inability to keep up with internal renewal. The invitation itself has been imprisoned in power prison, which has lost its branches, organizations, cadres and reputation and turned into a movement and a party that needs a violent shock to wake up from its clinical death.
Iraqi Parliament sets date for candidacy for the Presidency of the Republic
Halabousi is visiting the province of Basra today to see the reality of the service. AFP
Source: Baghdad - Agencies
Date: 17 September 2018
The Iraqi Council of Representatives completed its presidential body yesterday, after the selection of two vice presidents, announcing at the same time next Tuesday a date for nomination to the post of President of the Republic.
The head of the Iraqi Council of Representatives, Mohammed Halbusi, in the first session chaired by his election, that the opening of the nomination for the post will be electronically through the announcement of the date through the site of the House of Representatives.
And revealed that he will go, today, to the province of Basra, saying: «We will go on Monday to the province of Basra to see the reality of service».
The Speaker of the Parliament held the session of the Council until 25 September.
The House of Representatives resumed yesterday, its meeting, which was selected Bashir Haddad for the post of second deputy speaker of parliament, to be completed the presidential body of parliament after the selection of Halbusi President and Hassan Karim first deputy.
"I thank all the members of the House of Representatives for giving them the confidence to contribute to the consolidation of the principles of the Constitution," said Halboussi, after taking office as speaker of the Iraqi parliament.
He stressed that «the merits of the current stage is to work with the executive institutions and independent, away from partisan and sectarianism and the importance of work in the reconstruction of liberated areas, and the promotion of services and the continuation of the reform process».
Abadi Orders Deployment of Guards to Borders with Turkey
BasNews
17/09/2018 - 00:53
Iraq
Abadi Orders Deployment of Guards to Borders with Turkey
Iraq
Abadi Orders Deployment of Guards to Borders with Turkey
ERBIL - Iraqi PM Haider al-Abadi has ordered the deployment of guards to his country’s borders with Turkey to prevent any "violations" from occurring, the premier's office said in a statement.
The Iraqi PM also vowed to take legal measures and give the case of "Turkish violations" of crossing the borders to the UN.
"The Foreign Ministry will take the necessary measures to document the Turkish violations of Iraqi airspace to the United Nations," reads the statement, as cited by Kurdistan 24.
Abadi's order came after a meeting with the Ministerial Council for National Security on Sunday for talks on the security and stability across the country.
Turkish military, apart from taking over the Kurdish enclave of Afrin in northern Syria in mid-March, has repeatedly bombarded the Kurdistan Region border areas against the Kurdistan Workers' Party (PKK).
Najaf is resuming its stalled projects
17/9/2018 12:00 am
Baghdad / Al-Sabah
The crisis cell met in Najaf province to discuss the service projects to be implemented during the coming period throughout the province.
Najaf Governor Louay al-Yasiri told Al-Sabah newspaper that the meeting focused on three sectors: sewage, water and street paving projects. This was based on the confirmation of the Cabinet's book, in the presence of the president of the provincial council, members of the council, heads of administrative units, And service department directors.
He added that the meeting was for the purpose of collecting the service projects needed by the governorate and raising them to the crisis cell in the Council of Ministers, hoping that they will be implemented next year 2019. With regard to the promises of the federal government to implement the stalled projects in Najaf, said Yasiri that it has fulfilled these promises have been disbursed 59 billion dinars from the allocations of the province for the implementation of projects stalled since 2013 and 2014. Pointing out that the companies started the largest part of these projects a few days ago, and the most important of these projects, which will resume in coordination with the Ministries of Planning and Finance is the bridge of Radwiya on the path of Al-Manathrah and the German hospital with a capacity of 492 beds and hospital Almshakhab capacity of 50 beds.
He also said that work has been resumed on the tunnel of Muslim bin Aqeel in the district of Kufa, which will witness the completion of a water project in the south at a cost of five billion dinars, and paving streets in the district of Maysan and the streets of the northern districts of the province, namely appeal, birth and honor, university and victory, In the street, where the direct paving of the new stadium of Najaf Olympic, and was allocated four billion dinars to complete the construction projects schools in the entire province, and in the electricity sector, it is hoped to create new switching stations to dismantle the bottlenecks in the network.
He stressed that the plan of the crisis cell to implement the service projects in the province did not depend on the allocations of the federal government only, but there are amounts allocated by the provincial council, a local resources for the purpose of implementing projects in the sectors of electricity, water, sewage, education and health in all provinces and districts of the province, The governorate has completed all the requirements for the declaration of about two thousand degrees for the functional departments of education, agriculture, health and some other departments, a degree of deletion and development launched by the federal government, and the distribution of these grades in all transparency and under the supervision of the local government.
A family from Mosul lived for about a month under the rubble of their house after shelling
During the military operations to expel the organization «Islamic State» of the city
Omar al-Jubouri
Sep 17, 2018
Al-Quds Al-Arabi: Faiza Ismail and her family lived one of the worst experiences humans could ever have. They were surrounded by rubble in a basement after their house was shelled during the war against the Islamic State in the Old City of Mosul.
According to what she said: «The military operations began and we look forward to liberation and salvation day after day, but the battle lasted and the bombing is more and more tight on us and the siege has become harsh on our regions».
"We tried to escape, but we could not, where the elements of the organization kill all those who are presented on this matter."
"The water and food are running out of us and we are a family of nine people after my sister came with her husband and her children and joined us before the siege."
One of the planes fired a missile at the house where Fayza and her family were staying. The second floor collapsed, and according to her, the bombing drove her sister's husband out of the house. The rest of the family miraculously survived "except my brother, who collapsed on the roof but remained alive." .
"The plane went and we rushed to take out my brother and resort to a basement inside the house. Then the plane came back and fired two missiles, which made the house level on the ground, and we are in a cellar that does not exceed half a square meter."
"We were squatting because the place was very narrow. We entered the fourth day about 10 liters of water that I brought into the cellar before we were bombed, saved us from thirst, but the food did not exist. "
"We began to feel very hungry, we were in a dark cellar and we managed to make a small gap between the rubble so that we could pass through the rubble of the ruined roof in search of food," she said.
"What we got from food was a fine leftover bran containing worms and lice, and the more hunger we got, the more we put a little water on it to form a soup, and then eat it."
According to the source «began to decrease oxygen inside the basement, and got fainting among the children and we went on like this 27 days»
A winner, she said, had a small lamp she used to light each time she slipped out of the basement to fetch the flour. One time I heard someone calling out, "We, the civil defense team, came to get you out." Rescue teams then pulled the rubble out of the house and drove the family out of the basement.
According to what she said: «The military operations began and we look forward to liberation and salvation day after day, but the battle lasted and the bombing is more and more tight on us and the siege has become harsh on our regions».
"We tried to escape, but we could not, where the elements of the organization kill all those who are presented on this matter."
"The water and food are running out of us and we are a family of nine people after my sister came with her husband and her children and joined us before the siege."
One of the planes fired a missile at the house where Fayza and her family were staying. The second floor collapsed, and according to her, the bombing drove her sister's husband out of the house. The rest of the family miraculously survived "except my brother, who collapsed on the roof but remained alive." .
"The plane went and we rushed to take out my brother and resort to a basement inside the house. Then the plane came back and fired two missiles, which made the house level on the ground, and we are in a cellar that does not exceed half a square meter."
"We were squatting because the place was very narrow. We entered the fourth day about 10 liters of water that I brought into the cellar before we were bombed, saved us from thirst, but the food did not exist. "
"We began to feel very hungry, we were in a dark cellar and we managed to make a small gap between the rubble so that we could pass through the rubble of the ruined roof in search of food," she said.
"What we got from food was a fine leftover bran containing worms and lice, and the more hunger we got, the more we put a little water on it to form a soup, and then eat it."
According to the source «began to decrease oxygen inside the basement, and got fainting among the children and we went on like this 27 days»
A winner, she said, had a small lamp she used to light each time she slipped out of the basement to fetch the flour. One time I heard someone calling out, "We, the civil defense team, came to get you out." Rescue teams then pulled the rubble out of the house and drove the family out of the basement.
South Korea is offering a US $ 1.2 million grant to support Iraq
18/09/2018 12:30 AM
Baghdad / Al-Ghad Press:
The United Nations Mission in Iraq (UNAMI) announced Monday that South Korea has donated 1.2 million US dollars to support Iraq.
"The South Korean government continues to support the humanitarian activities of UNHCR in Iraq with a new grant of US $ 1.2 million," UNAMI said in a statement received by Al-Ghad Press.
Despite promising signs of recovery in parts of the country, millions of Iraqis still need humanitarian assistance and comprehensive protection. There are about 1.9 million displaced people, hundreds of thousands of whom are living in the camps and many of them will not be able to return home anytime soon," she said.
"The task of rebuilding Iraq is not easy," she said. "With the country on its feet, it is necessary to continue providing emergency assistance to the needy as long as they need it."
"The communities affected by the recent conflict are facing difficulties as every month, thousands of people in need of UNHCR-run camps arrive because of the difficulty of finding work or paying home rent in their areas of origin with the slow process of removing the dangers of explosives and other disrupted services such as water and electricity. In July alone, 1,700 families, more than 10,000 people, arrived in camps across Iraq, where the majority of newcomers are originally IDPs who had previously been displaced at least once, where people are more vulnerable to every wave of displacement. "
"The Republic of Korea is fully committed to supporting humanitarian activities in Iraq and will continue to stand with Iraqis in need of humanitarian assistance," said Korean Ambassador to Iraq Song Wong-yup.
"I firmly believe that the continued support of Korea for these activities through the Iraqi government and international organizations such as UNHCR will help needy Iraqis to recover and rebuild their communities by bringing hope to a new future," he said.
"In order for people to see tangible improvements in their lives, we must continue to respond to this circumstance and stand by the Iraqi people so they can safely return to their homes," said Bruno Gedo, representative of the United Nations High Commissioner for Refugees in Iraq. Sustainable return is a cornerstone of long-term peace and stability. Thanks to donors such as the Republic of Korea, UNHCR can support Iraq's recovery. "
"We will support the most needy people in the country as long as they need us," he said.
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Today in History
Today in History Today is Sunday, Sept. 16, the 259th day of 2018. There are 106 days left in the year. Today's Highlights in History:
Evening news briefing from CNN
CNN
CNN
Evening news briefing from CNN on Saturday, September 15. Read the full story
Why keeping the business in the family pays off
Yahoo Finance
New research from Credit Suisse affirms that family-owned companies tend to outperform non-family owned businesses. Read the full story
CEO Tim Chen founded $500 million NerdWallet after being laid off in the 2008 financial crisis
NerdWallet CEO Tim Chen co-founded the personal finance advice website after being laid off from his Wall Street job at the height of the 2008 financial crisis.
This is billionaire Jeff Bezos' daily routine and it sets him up for success
Amazon CEO Jeff Bezos shares the daily routine that prepares him to make the best decisions possible.
OIL/COMMODITIES/ENERGY
© Reuters. Gold ends lower, still posts a small gain for the week Read the full story
Crude Oil Prices - Weekly Outlook: September 17 - 21
Investing.com
© Reuters. Concerns tied to U.S. sanctions on Iran set to dominate sentiment Read the full story
The US just became the world's top oil producer — but that may not last long under Trump's Iran policies
Business Insider
An American flag hangs on the side of a Southern oil refinery. The US likely surpassed Saudi Arabia and Russia as the world's top crude producer, according to the Energy Information Administration. The change comes at a time when the oil market is already facing a high degree of uncertainty, partly due to the Trump administration's decision to cut Iranian oil imports to zero. Saudi Arabia and Russia recently agreed to step up production in the face of US sanctions against Iranian crude barrels. Read the full story
BANKS/BANKING/CREDIT
Here’s Why Citibank Should Have Been Allowed to Fail in 2008
The Daily Beast
The Daily Beast
Conservative authors James Freeman and Vern McKinley argue in a new book that ‘too big to fail’ is the first of several lousy reasons to prop up a bank. Read the full story
Forget Airline Miles. Retailers Pile on Perks for Big Spenders.
The Wall Street Journal
After years of competing for shoppers with discounts, retailers are trying a new approach heading into the holiday season: wooing their biggest spenders with special services and access to private events. Read the full story
The real story of the 2008 financial crisis — and the decade since — from 5 reporters who covered it
Reuters
Five Reuters reporters who covered the collapse of Lehman Brothers and its aftermath examine what has changed – and what has not – in the decade since. Read the full story
What Made The Financial Crisis Go From Bad to Disaster
Forbes Magazine
Lehman Brothers did not have to fail, and the decision to allow it to fail was psychologically driven. Read the full story
One unintended consequence of Lehman collapse: The birth of a new kind of bank
For Revolut's Nikolay Storonsky, various fintech start-ups might not have come about had it not been for Lehman Brothers' fall.
TREASURIES/BONDS/STOCKS
CRYPTO'S / DIGITAL CURRENCY
Economic Calendar - Top 5 Things to Watch This Week
Investing.com - The U.S.-China trade spat will likely remain a key driver of sentiment in the week ahead after reports said U.S. President Donald Trump wants to move forward with tariffs on $200 billion in Chinese goods.
https://www.investing.com/
Week Ahead: Equity, Dollar Fundamentals And Technicals All Point Higher
US stocks rebounded from previous week’s decline but pressured below previous peaks
US 10-year yield returns to 3%
Dollar rallies but remains below its broken uptrend line
Oil moves sideways despite rising price concerns
https://www.investing.com/
They Called the Last Financial Crisis. Here’s What They See Causing the Next One
Barron's
Barron's
Neither economists, Wall Street analysts, the financial media nor two Federal Reserve chairmen connected the dots and sounded the warning bell. These four did. Read the full story
CRYPTO'S / DIGITAL CURRENCY
One of the most popular Ethereum apps sure looks like a Ponzi scheme
Mashable
Mashable
The so-called DApp promises "life-long payments guaranteed by the Ethereum blockchain!" Read the full story
CURRENCIES
INSURANCE / HEALTH / SCIENCE
'Aspirin-a-day risky in old age' - major study
BBC News US
BBC News US
Major study suggests elderly people in good health should not take the drug every day. Read the full story
Pathologists shortage 'delaying cancer diagnosis'
BBC News US
Severe staff shortages are affecting services vital to diagnosing cancer, according to a report. Read the full story
This Is How You Calculate Net Carbs For Weight Loss
POPSUGAR
Whether you're following the keto diet or just want to eat low-carb for weight loss, you are probably all too familiar with counting your carbs and staying within a certain threshold for the day. But what about net carbs? Usually reserved for people who are diabetic, net carbs can actually be helpfu ... Read the full story
USA
/ CANADA
G20 trade ministers say WTO reform 'urgent' as new Trump tariffs loom
The ministers said they were "stepping up the dialogue" on international trade disputes, according to the statement issued at the summit.
Is Social Security Short-Changing the Poor?
The Motley Fool
Find out how one key demographic shift could be exacerbating income inequality. Read the full story
The 3 Worst Aspects of Social Security (and Why They Won't Change)
The Motley Fool
An off-the-cuff look at the not-so-great side of America's most important social program. Read the full story
5 Tax Tips for 2018 -- and Beyond
The Motley Fool
Before we reach the end of 2018, here are some tips that can help you save money on your tax bill. Read the full story
The (Debt) Clock Is Ticking
Barron's
As the national debt climbs to once unheard-of levels, no one seems to care. Bold action is needed before time runs out. Read the full story
Flooding 'only going to get worse' as Florence breaks rainfall records, kills at least 14 in Carolinas
Miami Herald
Drenching rain and rising rivers not expected to crest for another day or so raised fears in the Carolinas on Saturday over dangerous flooding still to come. Nearly a million people were without power and the death toll continues to rise. Read the full story
FEMA to test 'Presidential Alert' system next week
NBC News
Experts expressed little concern that the wireless emergency alerts could be used for political purposes. Read the full story
Floating homes that can withstand Category 4 hurricanes will soon become a reality
Business Insider
Business Insider
Hydraulic jack-up systems anchor the home during a storm. As Hurricane Florence makes it way across the Carolinas, millions of coastal residents have reason to be concerned about the structural integrity of their homes. Already, nearly 300,000 homes and businesses have lost power, and officials are reporting damage to property in Onslow County, North Carolina. When Hurricane Harvey swept Texas last September, it damaged more than 204,000 homes and apartment buildings. Around the same time, Read the full story
EMERGING MARKETS
Venezuela is handing over oil fields to private companies for the first time since the 1990s
Business Insider
Business Insider
An oilfield worker speaks by radio at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas April 16, 2015. Venezuela has agreed to hand over at least seven oil fields to private companies to boost oil output, Reuters reported. Similar plans were last used in the 1990s before the Chavez era that made PDVSA the one and only operator of oil fields. Most companies, Reuters says, are oilfield service providers, which means Read the full story
MIDDLE EAST
Abadi and Abdul Mahdi, the most likely to take over the next prime minister Thank you DC
Private - Mawazine News
Mawazine News / expected that the current Prime Minister Haider Abadi and politician Adel Abdul Mahdi, the most likely to take over the presidency of the next government.
About 800 people took part in the referendum, 24 hours a day, to choose the most likely person to take over as prime minister.
48% of the observers believe that Prime Minister Haider al-Abadi will get the second term, while 32% believe that the politician Adel Abdul Mahdi as prime minister.
The head of the Popular Popular Committee, Faleh Al Fayad, came third with 9%, while former Minister of Planning Ali Al Shukri ranked fourth with 7%.
The fifth, sixth and seventh rank was held by Basrah Governor Asaad al-Aidani, politician Laith Kubba and Mustafa al-Kadhmi, respectively, at 2% and 1%.
Mawazine News / expected that the current Prime Minister Haider Abadi and politician Adel Abdul Mahdi, the most likely to take over the presidency of the next government.
About 800 people took part in the referendum, 24 hours a day, to choose the most likely person to take over as prime minister.
48% of the observers believe that Prime Minister Haider al-Abadi will get the second term, while 32% believe that the politician Adel Abdul Mahdi as prime minister.
The head of the Popular Popular Committee, Faleh Al Fayad, came third with 9%, while former Minister of Planning Ali Al Shukri ranked fourth with 7%.
The fifth, sixth and seventh rank was held by Basrah Governor Asaad al-Aidani, politician Laith Kubba and Mustafa al-Kadhmi, respectively, at 2% and 1%.
After being adopted by Sadr .. Sistani agrees to Adel Abdul Mahdi as prime minister
Thank you DC
(Watan News) - Baghdad
An official source said on Sunday that the reference Sistani approved the proposal of the leader of the Sadrist movement Moqtada al-Sadr to put the name of Adel Abdul Mahdi as prime minister.
The source said in an interview with "Watan News" you "reference Sistani agreed to nominate Adel Abdul Mahdi for the post of prime minister," noting that "the leader of the Sadrist movement Moqtada al-Sadr is to support Adel Abdul Mahdi and adopted the name of Imam Sistani." Finished 10
Are pro-Iran parties on the rise in Iraq?
Aljazeera
Iraqis could finally be getting a working parliament. On Saturday, MPs elected a new speaker, ending months of political deadlock following May's election. But concern is growing that control of Iraq's politics may be swinging towards pro-Iranian parties. Al Jazeera’s Rob Matheson reports from Baghdad. Read the full story
Deadlock broken as Iraqi parliament elects speaker
Aljazeera
Iraqi legislators have elected a speaker of parliament, paving the way for the formation of a new government after months of uncertainty in the wake of an inconclusive election. Mohammed al-Halbousi, a Sunni politician and the former governor of Anbar province, won 169 votes in a secret ballot conducted at Saturday's session of the 329-seat assembly, according to reports. Aged 37, he will be the youngest speaker of parliament in Iraq's history. The vote came nearly two weeks after the newly Read the full story
Syrian state media: Air defenses down Israeli missiles near Damascus airport
Reuters
Reuters
Syrian military air defenses downed several missiles that Israel fired in an act of "aggression" near Damascus airport on Saturday, Syrian state media said. Read the full story
Israeli lawmaker to PM: Dismiss US envoy over aide scandal
ABC News
An opposition Israeli lawmaker is calling on Prime Minister Benjamin Netanyahu to dismiss his ambassador to Washington for failing to report sexual assault allegations against a top Netanyahu aide Read the full story
Egypt’s trade balance deficit hits $3.6bn in June – CAPMAS
Mubasher
Cairo - Mubasher: Egyptian trade balance deficit rose by 44% year-on-year in June to $3.62 billion from $2.51 billion. Egypt’s exports increased by 7.8% last June, recording $2.10 billion, versus exports of $1.95 billion in the same month a year … Read the full story
United Arab Emirates stocks mixed at close of trade; DFM General down 1.27%
Investing.com – United Arab Emirates stocks were mixed after the close on Sunday, as gains in the Insurance, Services and Transport sectors led shares higher while losses in the Real Estate & Construction, Banking and Consumer Staples sectors led shares lower.
https://www.investing.com/
AFRICA
Leaders of Ethiopia, Eritrea to sign accord in Saudi Arabia
ABC News
ABC News
Leaders from the East African nations of Ethiopia and Eritrea are to sign an agreement in Saudi Arabia as the two countries ease tensions after decades of hostilities Read the full story
South Africa poverty levels increasing
Aljazeera
Fourteen million South Africans are now living in extreme poverty, surviving on less than a $1.25 a day. Government statistics show that poverty levels have increased since 2011. It is predicted South Africa will be one of 60 countries which will fail to meet the 2030 reduction target, despite development plans that have been put in place. Almost a third of South Africans are unemployed, often relying on the government's social grants to survive. But with low economic growth, economists say this Read the full story
Zimbabwe: MDC Fumes Over Anniversary Ban, 'Fake' State of Emergency
AllAfrica
MDC spokesperson Jacob Mafume said Friday government was acting contrary to the country's laws through declaring the current cholera outbreak a state of emergency and abruptly banning public gatherings. The development has affected the opposition's plans to hold its 19th anniversary celebrations which were slated for Harare this Saturday. "The fact the government has declared a fake state of emergency in Harare declaring without gazetting with the deployment of military helicopters yesterday ( Read the full story
Harare's sanitation crisis to blame for Zimbabwe cholera epidemic
Aljazeera
Zimbabwe's government is struggling to control the cholera outbreak in Harare caused by the city's dilapidated sanitation and water infrastructure. Although the government has taken some action, banning the sale of food from street vendors in certain areas, the opposition and ruling party have blamed one another for the state of the sewage system and residents say nothing is being done to repair it. Health workers have warned that if nothing is done about the sanitation system, the death toll Read the full story
Africa: The IMF Comeback in Africa
AllAfrica
The International Monetary Fund has made a comeback in Africa. Experts say the organization that provides financial assistance to its members has learned from its mistakes, but it still cannot solve actual problems. The rising debt that is threatening to bankrupt several countries on the African continent has sparked the renewed interest in the organization that many had wanted no more to do with. At the end of August, oil-rich Angola in southern Africa turned to the IMF in Washington. President Read the full story
Tanzania: End Sugar Smuggling, PM Orders Ministries\
AllAfrica
Dodoma Prime Minister Kassim Majaliwa has directed the ministry of Industry, Trade and Investment as well as the ministry of Agriculture to immediately end the problem of sugar smuggling. He also urged state organs to give the much-needed cooperation to Tanzania Revenue Authority (TRA), Tanzania Food and Drugs Authority (TFDA), Tanzania Bureau of Standards (TBS) and the Sugar Board of Tanzania (SBT) in the fight against the vice. The directive was issued yesterday here in the House as the Read the full story
ASIA
'Super typhoon' nears Hong Kong, China after slamming Philippines
Business Insider
Business Insider
A damaged petrol station is seen as Typhoon Mangkhut hits Philippines Thomson Reuters By James Pomfret HONG KONG (Reuters) - A hurricane force "super typhoon" swirled toward Hong Kong and the Chinese coastline on Sunday, gaining in force over the South China sea after hurtling through the Philippines where it left at least three people dead. "Super typhoon" Mangkhut is considered the strongest tropical cyclone to hit the region this year, with gale force winds of more than 200 kph (125 mph), Read the full story
Typhoon lashes south China after killing 36 in Philippines
Typhoon Mangkhut barreled into southern China on Sunday after lashing the northern Philippines with strong winds and heavy rain that left at least 36 people dead and dozens more feared buried in a landslide.
Read more: https://www.cnbc.com/2018/09/
Trump readies new tariffs on Chinese imports
The Trump administration plans to announce within days new tariffs on as much as $200B in Chinese goods, further pressuring Beijing before high-level, U.S.-China talks later this month, WSJ reports.
https://www.investing.com/
Moon faces toughest challenge yet in third summit with Kim
South Korean President Moon Jae-in and North Korean leader Kim Jong Un are scheduled to hold a third summit next week in Pyongyang.
There's a good chance 'sanity will prevail' in US-China tariff battle, says UBS chairman
Washington and Beijing are not likely to undo a lot of the positive benefits that each country experienced due to globalization, Axel Weber, chairman of UBS, told CNBC at the annual Singapore Summit.
EUROPE
UK leader: Talk of leadership during Brexit 'irritating'
ABC News
ABC News
British Prime Minister Theresa May has conceded she gets "irritated" by the debate over her leadership during the difficult Brexit negotiations Read the full story
Sadiq Khan's Brexit referendum call 'troubling', says Michael Gove
Sky News
Holding a referendum on the final Brexit deal would be a "profound mistake", Michael Gove has said. Read the full story
May Warns Restive Tory Brexiteers She Won't Back Off EU Plan
(Bloomberg) -- Prime Minister Theresa May gave a steadfast defense of her plans for Britain’s departure from the European Union ahead of key talks this week, while admitting to feeling “irritated” at speculation building within her Conservative Party about a potential leadership challenge.
https://www.investing.com/
Theresa May says discussion of her leadership 'irritating'
ABC News
Theresa May says discussion of her leadership 'irritating'
ABC News
Theresa May says discussion of her leadership during tough Brexit talks is 'irritating' Read the full story
Greece to ease capital controls 'very soon,' finance minister says
"We will have new easing (of capital controls) very soon," Euclid Tsakalotos was quoted as saying in an interview with Naftemporiki newspaper.
d
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Monday 9/17/18 did update on the indicative rates Sell Rate 1190
The currency auction is 137,187,400
There one news and announcements.
1.Contractors Receivables Schedule (Baghdad Governorate)
Contractors Receipt Schedule (Baghdad governorate) .... Click here to download.
September 17, 2018
Contractors Receipt Schedule (Baghdad governorate) .... Click here to download.
September 17, 2018
Value Traded
131,572,147
Shares Traded
141,855,497
ISX ended in Red
Kauaihn Chatter:dd
9-16-2018 Newshound Guru Kaperoni Apparently Adil Abdul-Mahdi withdraws his nomination to be PM. [reference Kaperoni and David M. Witty posts 9-16-2018]
9-16-2018 Newshound Guru Bloodloch In fact, I would think that the faster they finish (reach the equilibrium point) the sooner the Iraqi people can start to gain the benefits of an expanding economy and enjoy some serious increases in real purchasing power. At that point, the newly equalized exchange rate, as well as in-country purchasing power, should begin to climb in general unison over time. So what is this trigger event? It's not so much the what, as the how. And beyond that, I won't elaborate. No sense in stirring the pot right as the chef is about to announce that it's soup. We should all recognize it, as plain as the noses on our faces, when we see it. [post 2 of 2]
9-16-2018 Newshound Guru Bloodloch In fact, I would think that the faster they finish (reach the equilibrium point) the sooner the Iraqi people can start to gain the benefits of an expanding economy and enjoy some serious increases in real purchasing power. At that point, the newly equalized exchange rate, as well as in-country purchasing power, should begin to climb in general unison over time. So what is this trigger event? It's not so much the what, as the how. And beyond that, I won't elaborate. No sense in stirring the pot right as the chef is about to announce that it's soup. We should all recognize it, as plain as the noses on our faces, when we see it. [post 2 of 2]
9-16-2018 Newshound Guru Bloodloch Once it begins (and it will become crystal clear what that "it" means when "it" happens), the velocity of money comes into play and, unless artificially restricted, I would not be surprised to see something quick, like a two month rise in the foreign exchange rate of the dinar to equal one dollar (the equilibrium point) assuming the change is unrestrictive and the Iraqis are left to their usual activities of working and selling and earning and banking and spending. It could take longer if they (the CBI) restrict the natural rate of growth although I'm not sure why exactly they would do that since the Project is a zero-sum purchasing power game from start to finish. [post 1 of 2....stay tuned]
9-16-2018 Newshound Guru Kaperoni As reported, if Adil Abdul-Mahdi is the next PM this is excellent news!
9-16-2018 Newshound Guru David M. Witty In Iraqi election news, Sairoon & Building coalitions agree on Adil Abdul-Mahdi as next PM.
9-16-2018 Newshound Guru Kaperoni [Is there any word on when that process will start?] Only an educated guess can be made based on the urgency to maintain compliance, encourage investment and begin rebuilding putting people back to work. We also know they cannot begin until the formation of the new government.
9-16-2018 Newshound Guru Kaperoni As reported, if Adil Abdul-Mahdi is the next PM this is excellent news!
9-16-2018 Newshound Guru David M. Witty In Iraqi election news, Sairoon & Building coalitions agree on Adil Abdul-Mahdi as next PM.
9-16-2018 Newshound Guru Kaperoni [Is there any word on when that process will start?] Only an educated guess can be made based on the urgency to maintain compliance, encourage investment and begin rebuilding putting people back to work. We also know they cannot begin until the formation of the new government.
9-16-2018 Intel Guru Frank26 I PROMISED TO GO SILENT...BUT I FORGOT TO MENTION ...I DON'T CARE WHO THE PM IS ...ABADI... MAHADI... GANDHI …LOL...
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
***************
ARTICLE 1-A (from PM Abadi's website; posted only on Arabic side, not on English side)
Prime Minister of the Armed Forces Dr. Haidar Al-Abadi holds a meeting of the Ministerial Council for National Security
Prime Minister of the Armed Forces, Dr. Haider al-Abadi, held a meeting of the National Security Council on Sunday.
The issues discussed in the agenda were discussed, foremost of which was the maintenance of the security and stability situation, the control of the Iraqi borders and the documentation of violations in the airspace and the land, as well as discussing the organization of the duties and the basic functions of the Federal Police and arming them in order to enhance their complementary role with the Iraqi army. And measures to protect citizens and private and public property.
The Council issued the following resolutions:
First: The Ministry of the Interior shall review the organizational structure of the federal police teams.
Second: The Ministry of Foreign Affairs shall take measures to document the Turkish violations of the Iraqi airspace at the United Nations and return them to the National Security Council.
Third: the deployment of border guards along the Iraqi-Turkish border to protect the border and prevent any violations and provide adequate numbers and supplies for that.
Fourth: To approve the signing of the memorandum of understanding between the Iraqi Ministries of Interior and the Ministry of Interior and authorize the Minister of Interior to negotiate and sign.
Prime Minister 's Media Office
16 September-2018
*************
ARTICLE 1-B (from PM Abadi's website; posted on both Arabic and English sides)
Prime Minister Dr. Haider Abadi Receives the Special Representative of the Secretary-General of the United Nations, Mr. Jan Kubic
Prime Minister Dr. Haider Al-Abbadi received on Sunday the Special Representative of the Secretary-General of the United Nations, Jan Kubic
And during the meeting stressed the importance of accelerating the efforts to form the Iraqi government in accordance with the constitutional time to proceed with the process of construction and reconstruction and development of services and enhance the security and stability enjoyed by the Iraqi people after the victory and the liberation of the provinces of the Da'ash terrorist gang.
Prime Minister 's Media Office
16 September-2018
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ARTICLE 2
Tweets posted on Government of Iraq twitter account:
Government of IraqVerified account @IraqiGovt 9-17-2018 around 5 am Eastern
PM @HaiderAlAbadi chairs meeting of the Ministerial Council for National Security in Baghdad. The Council agrees additional measures to strengthen the security of the borders with Turkey, discusses increased support for Iraq’s Federal Police and reviews security in Basra province,
Government of IraqVerified account @IraqiGovt 9-16-2018 around 9 am Eastern
Basmaya new city is the largest housing project in Iraq. Watch this short video to find out more about this innovative and successful developmentGovernment of IraqVerified account @IraqiGovt 9-16-2018 around 6 am Eastern
The @IraqiGovt welcomes the election of the Speaker of Parliament. We strongly urge all MPs and political blocs to move forward to elect a new President of the Republic and to expedite the formation of the next government
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ARTICLE 3
Barham Saleh outside the nomination for the presidency of the Republic and Mullah Bakhtiar closest to the post
2018/9/16 17:14
[Ayna-Baghdad]
The list of candidates for the presidency of the Republic and the Patriotic Union of Kurdistan, Barham Saleh after the despair of his return to the ranks of the Union.
Informed sources said Sunday that the meeting of the Political Bureau of the Patriotic Union of Kurdistan, which was dedicated to the selection of a candidate for the post of President of the Republic of Iraq is over.
According to the information confirmed by the sources of candidates for the position are: [Mullah Bakhtiar and Latif Rashid], indicating that the family of Jalal Talabani, which was supporting Latif Rashid in the meeting, while supporting the Kurdistan Democratic and a section of the leadership of the National Mullah Bakhtiar, came after the inability of the Union to convince Barham Saleh to return to his ranks and carry out his previous duties as second deputy secretary-general of the party in the face of his candidacy for the presidency today.
The sources pointed out that deciding on the selection of one of these candidates depends on the decision of the high-level meeting between the Democratic and Patriotic Party of Kurdistan, scheduled to be held on Sunday, and may be resolved through a telephone call to discover the opinion of the Democratic Party.
The sources pointed out that the resolution of the issue if assigned to the Kurdistan Democratic Party, this party is closer to the approval of Mullah Bakhtiar, while he refuses to nominate any of Adli Jalal Talabani.
For their part, activists in the political side pointed out that the game of politics can not be solved and we may all be surprised by the new president of Iraq.
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ARTICLE 4
Electricity is looking with a giant US company to increase energy production in Iraq
2018/9/17 8:25
[Where - Continue]
The Ministry of Electricity has held several meetings with US giant General Electric to develop a map for the purpose of increasing the rates of energy production and improve the status of collection and control of the rumors.
Undersecretary of the Ministry of Electricity Abdul-Hamza Hadi Abboud said in a press statement that "among the procedures followed in the ministry to accelerate the improvement of the reality of the system and to achieve transparency and equal opportunities in providing the best offers according to timetables appropriate to the country's need to provide electric power, the ministry to hold meetings with General Electric To develop a road map to increase production rates for stations using their equipment"
He added that the roadmap, if achieved, will take into account the improvement of the status of the collection of wages and control of the rumors, "noting that" the next few days will see extensive workshops to know the ideas of the company and determine the needs of Iraq according to the road map. "
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ARTICLE 5
Barzani reveals Iraqi talks to form a higher policy council prevents the exclusivity in power
Erbil - September 16 - The leader of the Kurdistan Democratic Party, Massoud Barzani, on Sunday, for intensive talks with the Iraqi parties to form a higher policy and planning council, involving the Kurds and other Iraqi components.
"Iraqi citizens have punished the faces and personalities who have committed constitutional violations against the people of Kurdistan," Barzani said in a statement carried by Barzani's official website.
Barzani, according to the statement, to "ongoing negotiations between the Iraqi parties to form a government, and the need to form on three principles," stressing "to prevent allowing the uniqueness of governance by forming a new government on the basis of real partnership, and compatibility and balance between components."
He pointed out that "there is intensive dialogue with the Iraqi parties to form a higher council for policies and strategic planning, involving the Kurds and the rest of the Iraqi components, to carry out the task of issuing important decisions, to prevent violation of the Constitution and uniqueness in the government, and to prevent all persons and parties to repeat the crimes committed against our people "He said.
On the political situation in the Kurdistan region, Barzani explained that "despite the existence of various pressures on the Kurdistan Democratic Party, it was able to obtain the first position in the Iraqi parliamentary elections at the level of Kurdistan and Iraq." (1)
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ARTICLE 6
An earthquake measuring 3.5 on the Richter scale hits eastern Fallujah
ANBAR, September 16 (Xinhua) - The General Authority for Aeronautics and Seismic Monitoring reported on Sunday an earthquake measuring 5 to 3 degrees on the Richter scale, (11) km south-west of Yusufiyah and (16) km southeast of Amariya, "noting that" the people of that area felt the quake without causing material or human damage. "
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