Monday, September 24, 2018

WOTS Monday 9/24/18

WOTS Monday 9/24/18





TNT Monday Morning Update

From Sunday.....
Iraqi TV reporting that all parties are saying that they agree on Saleh as the next president and will vote for  him on Tuesday.  They are also reportedly stating that Abadi is the Best Candidate for the position of Prime Minister. [Go figure LOL] #wearethepeople

WOTS Monday 9/24/18:
 
Forex Rates: 
 
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,169.0000  1,220.0000 1,169.0000 1,169.0000 1,169.0000  0.0000 20:00
 USD/VND  23,018.0000  23,698.9000 23,018.0000 23,018.0000 23,018.0000  0.0000 20:00
 USD/CNY  6.8558  6.8583 6.8586 6.8423 6.8561  -0.0003 07:07
 USD/KWD  0.3017  0.3037 0.3024 0.3015 0.3024  -0.0007 07:00
 GBP/USD  1.3141  1.3142 1.3141 1.3064 1.3078  0.0063 07:07
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  14,876.0000  14,880.0000 14,907.5000 14,812.0000 14,812.0000  64.0000 06:45
 
CNBC Link:  
 
 
CNBC Morning Squawk Link:
 
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DC NY Iraq Articles:dd
 
Iraq participates in the 73rd session of the United Nations General Assembly in New York
 
 
01:34 - 24/09/2018
 
Baghdad - Mawazine News
 
Foreign Minister Ibrahim al-Jaafari arrived in New York on Monday to represent Iraq in the work of the 73rd session of the United Nations General Assembly.
 
"Ibrahim al-Jaafari, the Iraqi foreign minister, arrived in New York City to represent Iraq in the work of the 73rd session of the United Nations General Assembly," the Jafari Information Office said in a statement received by Mawazine News.
 
The statement added that "Jaafari will meet on the sidelines of the session with foreign ministers and officials of a number of countries in the world, as well as international officials; to discuss joint cooperation, strengthen relations and mobilize efforts; to continue to stand by Iraq and contribute to the reconstruction of Iraqi cities." / A.43
 
 
A preliminary agreement to postpone the election of the President of Iraq to a specific date of the Kurds
 
 
Shafaq News / The victory coalition, led by Haider Abadi, on Monday, there is a near agreement to postpone the election of the new president at the moment. 
The leader of the coalition Ali al-Sunaid, told Ashqaf News that "there is a near agreement or a tendency to postpone the election of the new president until after the elections of the Kurdistan region," noting that "the timing allows postponement of the election issue to 3/10/2018." 
"This postponement is in order to give time to the Kurdish forces, to unite their ranks and come to the Iraqi Council of Representatives (one candidate), represents all the forces in the Kurdistan region, and this is what we have confirmed to the brothers Kurds." 
The speaker of parliament, Mohamed Halabousi, set the next Tuesday to set a date for the election of a president. 
Under the provisions of the nomination law for the post of President of the Republic, which was approved by the House of Representatives in 2012, the nomination for the position takes place within three days from the date of election of the Speaker of the House of Representatives and his deputies while the nomination is closed after three days. 
According to the constitution, a new president must be elected within 30 days of the first session of the new parliament, and the candidate who wins a two-thirds majority of the members of the House of Representatives wins. 
  
 
Mr. al-Sadr urges the Presidency of Parliament to legislate important laws
 
 
 
Release date: 2018/9/24 13:00 • 65 times scheduled

(Baghdadi: Euphrates News) urged the leader of the Sadrist movement, Mr. Moqtada al-Sadr, the presidency of the House of Representatives, the legislation of important laws.
A statement to his office received the agency {Euphrates News} a copy of that Mr. Sadr "received Mohammed Halbusi, Speaker of the House of Representatives and his deputies Hassan Karim Kaabi and Bashir Haddad in Najaf today, and during the meeting discussed the political process and the importance of expediting the formation of the government to carry out its basic tasks in providing security and services And strive hard to achieve the aspirations of the Iraqi people to live free and decent and different affiliations. 
He also urged Muqtada al-Sadr to "strengthen the oversight and legislative role of the Iraqi Council of Representatives and accelerate the adoption of laws that contribute to the lifting of the suffering of Iraqi citizens."

Agreement on the institutionalization of the Coalition of Reconstruction and Reform and call on the Kurds to present a single presidential candidate

 
Date of release: 2018/9/24 0:07  168 times read
 
(Baghdad: Al-Furat News) The leadership of the Alliance for Reform and Reconstruction confirmed the institutionalization of the coalition and call on the Kurds to present a single presidential candidate. 
A statement by the Office of the President of the National Alliance, Mr. Ammar al-Hakim, received the agency {Euphrates News} a copy of it today, "the leadership of the Alliance of Reform and Reconstruction held its third periodic meeting in the presence of coalition leaders, where they stressed the institutionalization of the coalition and the need to turn it into a political institution capable of decision-making and control the performance". 
"He also stressed the importance of openness to the rest of the alliances in the Iraqi political arena and constructive cooperation to form a government service to achieve the aspirations of our people to provide the requirements for a decent living within a unified Iraq. 
He pointed out that "the meeting stressed the consolidation of the national project and deepen national unity and the importance of eliminating political sectarianism and quotas, and commitment to the constitutional timing in the formation of the government, while calling on the Kurdish forces to unite their position to provide one candidate for the presidency of the Republic in accordance with national standards, and the importance of addressing the phenomenon of the transfer of deputies from their lists To other lists and blocs.
 
 
World Bank and Iraq launch social development project
 
 
Water scarcity cuts grain production by half
 
Sep 24, 2018
 
BAGHDAD - The World Bank and the Iraqi government on Sunday launched a project for the country's Social Fund for Development, with an initial capital of $ 300 million. 
"The project will be implemented in three phases, the first of which will include the provinces of Muthanna (south), Salahuddin (north) and Dahuk (north)," the ministry said in a statement. 
The project aims to "improve living conditions and opportunities for the poor and the disadvantaged by improving their access to services and jobs." 
In the second phase, the project will include three other governorates (unspecified) and Phase III will include all remaining provinces of Iraq. The Ministry has indicated that the project, which will last for five years, will come from a concessional loan from the World Bank. 
The project targets education and health, water and small economic infrastructure, market access and strengthening the capacity of MFIs to support the development of SMEs. The government's planning minister, Salman al-Jumaili, said at the end of last year that the poverty rate had risen to 30 percent, up 6.5 percent from the previously announced rate in 2013. On the other hand, the Ministry of Planning announced a decline in the production of strategic grain crops, 45.3 percent, due to water scarcity. According to a report issued by the Central Bureau of Statistics of the Ministry, wheat production reached 2.178 million tons, down 26.8 percent from last year's 2.97 million tons. 
The area under wheat was 3.154 million dunums, down 25.2 percent from 2017. Barley production declined by 37.1 percent to 1.91 million tons, an area of ​​601,000 acres, down 26.7 percent from the previous season. 
The report attributed the main reason for the decline in production, and the agricultural areas of grain crops, to «lack of rainfall and water scarcity, and low average yield of acres, because of rainfall in the off-season». 
Iraq, along with wheat and barley, produces corn, long-grain rice, short beans, beans and beans, all of which fell by up to 60 percent. 
The census did not include the provinces of Nineveh, Anbar, Salah al-Din and the province of Hawija in the province of Kirkuk, because of the security situation, in addition to not include the northern provinces of the country. 
Iraq canceled last June the cultivation of rice, maize, maize, sesame, cotton and sunflowers from the summer plan because of the water crisis. 
Iraq depends on water security mainly on the Tigris and Euphrates Rivers and their tributaries.
 
 
Kirkuk is about to include thousands of new salaries of the social protection network
 
 
24/9/2018 12:00 am
 
Completion of 40 percent of the field survey in Dhi Qar
 
Kirkuk / Nahdat Ali / Nasiriyah / Sabah

The Social Protection Network in Kirkuk is adding the names of thousands of men and women to the salaries of the care network. In addition to adding 1,000 more applicants to the salaries of disabled dependents, 40 percent of the field survey was completed in Dhi Qar.
 
A member of the Social Protection Committee in the province Juma Mohammed Amin, told the "morning" that the social protection network and the Department of Women's Welfare will include 10 thousand people with social protection salaries of applicants during the year 2016 and the beginning of 2017 by 8 thousand men and 2000 women who have been suspended because of problems Have prevented their inclusion previously. 
He pointed out that the additions come after the launch of funding by the ministry and within the procedures of the service crisis cell after the issuance of administrative order, noting that the applicants classified into three types of the first transactions need to be field survey by the ad hoc committees in the departments mentioned. 
He said Amin: The second type are those who submitted their transactions and there was no match between the numbers of family members within the form with the ration card and the work is to check those transactions and complete the shortcomings, the third type includes those below the poverty line and rejected their transactions and after submission objections will be covered by law After indicating their living conditions. 
He pointed out that the completion of transactions of all items will be within a maximum period of two months and release their salaries after the completion of the smart card for their inclusion and then take the Department procedures by adding them to the main database, noting that the coverage will also be for 1000 people of disabled people also submitted their applications since the beginning of 2017 to the Department Care for people with disabilities. 
The member of the Committee on Social Protection that the submission to the inclusion of salary be according to the controls after the determination of the proportion of disability by a medical committee competent and determine the proportion of 65 percent and above and based on the recommendations of the Committee to be disabled or disabled seat movement, noting that the number covered by the salaries of people with disabilities in the province Within the database in the competent department, 630 people currently. 
He pointed out that the Department of Women's Welfare discussed the issue of refunds of some of the excesses covered by salaries of care because of the non-marking of the child or the individual added to the salary with the salary after the age of 18 years to be deducted entitlement, indicating that they decided to recover amounts of transgressors since the arrival of the individual added the age of the said and limit offenders Which may arrive 
To 1,000 transactions. 
In the same context, the director of social welfare in Dhi Qar, Nofal Hamid, told "Al-Sabah": The field survey teams are still continuing their work to complete the remaining field survey work, which started in June, after completing 40 percent of the beneficiaries of the subsidies The network of social welfare of men and women of 85 thousand, where more than 25 thousand of both sexes were surveyed, indicating that the survey teams revealed 300 cases exceeded adults and employees as well as passengers
 
 
Siemens nears multi-billion deal in Iraq
 
Iraq, September 24, 2018
 
FRANKFURT: German engineering group SiemensNSE -3.98 % is working on a deal worth up to €9 billion ($10.6 billion) to supply energy generation technology to Iraq, business daily Handelsblatt reported, citing government and industry sources.
 
Siemens chief executive Joe Kaeser has travelled to Iraq to secure a memorandum of understanding with the country on Sunday, the paper said, adding the deal also involved power transmission technology.
 
The Iraqi government has not made a decision whether to accept Siemens’ offer, which has also been supported by German Chancellor Angela Merkel this week, Handelsblatt said.
 

“Through our proposal, we aim to add 11 gigawatts of power generation capacity in four years, create thousands of jobs in the country and support anti-corruption, skills development and education among Iraqis,” a Siemens spokesman said.
 
economictimes
 
IS Insurgents Kill Mayor in Southern Mosul
 
 
24/09/2018 - 00:54
IS Insurgents Kill Mayor in Southern Mosul
 
ERBIL - The Islamic State (IS) militants have killed the mayor of a village in southern Mosul, police said on Sunday.
Captain Amir Wathiq from the Ninevah police confirmed to BasNews that the extremists had raided the house of the mayor of al-Athba village, Ismail Abdulwahid and gunned him down before escaping.
He noted that the insurgents, soon after committing the crime, took off to an unknown location.
The police officer further revealed that the body of the victim was taken to the forensic department as the police has already launched an investigation into the incident
 
 
The budget for the next year 2019 financial has reached its final version, and will be distributed to the presidencies, and relevant bodies such as education and oil ministries and others, in addition to the World Bank," a spokesman for the Prime Minister's Information Office said Monday.
 
Saad al-Hadithi said in a press interview today that "the vote will be in the House of Representatives at the end of this year or early next year," noting that "its framework is a social basis to provide jobs and support the private sector and improve services and the volume of spending will be greater than revenues and most expenses At the operational level or investment related to social services through direct spending for citizens or services related to them, especially after the financial allocations approved by the Council of Ministers for strategic projects in the provinces, including Basra.
 
He concluded his statement by saying, "It includes more than 10 thousand degrees functional within the movement of the owners will be distributed according to the population ratios of the provinces," as described.
 

Nahrain Bank issues a statement on the loan of 150 million dinars
 
 
24-09-2018 01:15 PM
 
Al-Nahrain Islamic Bank issued a statement on Monday granting a loan of 150 million dinars for the purchase of fat.
 
The bank said in a statement, 'We deny our link with any external offices or individuals to promote transactions of granting a loan of 150 million dinars to buy housing,' noting that 'the bank is not responsible for paying any amount outside the deal with him.'
 
He added that 'interested in applying to review one of the branches of the bank or call the phone numbers on the Facebook page'.
 
Al-Nahrain Islamic Bank announced earlier that it would grant a loan to employees wishing to buy up to 150 million dinars. 

The Secretariat of the Council of Ministers discusses the program of the next government and identifies six axes

 
Release date: 2018/9/24 11:34  253 times read
 
{Baghdad: Al-Furat News} The Council of the General Secretariat of the Council of Ministers, Laith Kubba and his team for drafting the new government program for the next government to discuss and mechanisms of implementation.
A statement issued by the Secretariat General of the Council of Ministers received the agency {Euphrates News} a copy of it that "the weekly meeting of the Council, which was chaired by Secretary General Mahdi Alallak allocated to review the details of setting priorities and balances of the government program, and the method of sorting priorities and axes contained in the program, according to techniques studied in coordination with all ministries "He said. 
The Department of Monitoring, Government Coordination and Citizen Affairs reviewed the efforts made to form the teams and the sub-committees in the ministries, reviewed the previous programs, and set up sub-forms for the ministries that determine the priorities of the ministries in the next four years and the method of translating them into projects on the ground according to time periods. Security, economic and financial, human and environmental development, social services, reconstruction and infrastructure, government reform, administrative performance, and political agreement. " 
The Secretary General of the Council of Ministers praised "the great effort of the team entrusted with the preparation of the governmental program with Laith Kubba and the interaction of ministries," stressing that "the implementation mechanisms are still limited because of the financial circumstances of the country several years ago and stressed the need to maturation of some paragraphs of the government program, "The issue of sustainable development requires a clear signal, in addition to the need to develop a program of evaluation and follow-up implementation of the government program." 
Laith Kubba, head of the drafting of the government program launched from the previous parliament, reviewed general impressions of the government's efforts in the last three sessions, stressing that the government program enjoys media attention and is a foundation. 
"The next government will suffer from bottlenecks, including street pressure, there must be a real shift in the infrastructure of cities," he said. 
Kubba listened to the "suggestions and observations of the Directors-General of the General Secretariat of the Council of Ministers regarding the government program, and highlighted the experiences that concern the evaluation aspect of the ministries by some departments of the Secretariat during the last period."
 
8 Kurdish candidates vying for the presidency of Iraq
 
 
Published: 24/09/2018
 
The Kurdish Democratic Party, led by Massoud Barzani nominated Fouad Hussein for the post of President of Iraq, which means that he will enter the conflict with the candidate of the Patriotic Union Barham Saleh to the presidency, said an independent Kurdish MP Sarwa Abdul One, run for the same position, at a time when the Iraqi media reported that 18 candidates are competing for the post of President of the Republic for the next four years, while the religious leader Moqtada al-Sadr consultations with the President of the Kurdistan Regional Government Nishrwan Barzani addressed the mechanism of forming the next government, a Tlav «moving» Raed Fahmi, the shift to the opposition bloc option, will be adopted and translated in the event of the adoption of the quota system in the formation of the next government continued, as in previous governments. 
The Iraqi News Agency reported yesterday that 18 candidates for the post of President of the Republic submitted their official papers to the House of Representatives so far. She explained that «the door of nomination will close after one o'clock at noon Baghdad time and after that will not be accepted any nominations according to the constitutional texts and legal». On September 25, Iraqi parliament speaker Mohamed Halboussi set a date for the election of a new president despite the fact that the date of the president's election is one month from the first session of Parliament. Parliament held its first session on September 3. 
On the other hand, Sadr, who received Barzani in Najaf province, stressed that "the next government should be patriarchal and national, not to differentiate between the components of the Iraqi people, and to focus on meeting the aspirations of the people and provide services and improve the general conditions." Barzani had held the night before last a series of meetings with political leaders and Prime Minister Haider al-Abbadi devoted to nominate a candidate for the presidency and the next Iraqi government.
Fahmi said in a statement, it is worth emphasizing that «the opposition option will be the closest in the absence of the formation of a reformed government, and we go to the political opposition is subject to the failure to meet the reasonable requirements of the government reform, but so far political dialogues exist, The formation of the new government as a purely Iraqi, the choice of opposition is the solution ». "It seems that some were hoping to move towards the opposition from the outset, that is, after the elections, so that he and his people to run things according to political consensus and partisan interests narrow, and return to quotas. There are parties that want others to go to the opposition in order to work on forming the government and distributing positions in the same old ways, but we are trying to push things to the contrary, and if our efforts fail, the opposition is our destination. "
 
 
A three-stage project to support the Iraqi poor
 
 
Launched by the World Bank with an initial capital of $ 300 million
24/09/2018 - 01:17
 
The World Bank and the Iraqi government launched a project for the Social Fund for Development in the country with an initial capital of $ 300 million.
The Ministry of Planning said in a statement that the project will be implemented in three stages; the first will include the provinces of Muthanna (south) and Salahuddin (north) and Dahuk (north).
 
The project aims to improve living conditions, provide opportunities for the poor and the disadvantaged and improve their access to services and jobs.
The Iraqi cities are witnessing popular demonstrations demanding the most basic services, including drinking water and electricity, has been killed and wounded dozens in these protests, at a time when Iraq is the second largest oil producer in OPEC after Saudi Arabia.
 
In the second phase, the project will include three other governorates (not identified), and in the third phase will include all governorates of Iraq.
The ministry noted that the value of the five-year project is a concessional loan from the World Bank.
The project also targets education, health, water and small economic infrastructure, and plans to reach markets and strengthen the capacity of MFIs to support the development of SMEs.
 
Iraqi Minister of Planning Salman al-Jumaili said at the end of last year that the poverty rate rose to 30%, up 6.5% from the previously announced in 2013.
A study by the Gallup Institute of Public Opinion Studies showed that 2017 was one of the most suffering years in the world in more than a decade, and identified the most affected countries in the opinion of the population of 145 countries.
The study found that the most suffering country in the world is the Central African Republic, which replaced Iraq in the first place in the classification, according to the so-called negative experience index," where Central Africa got 61 points in this classification, the largest negative index in the history of studies globally .
 
 
What is hidden the greatest» hidden detection

UAE and Saudi Arabia supported the secession of Iraqi Kurdistan
 
 
Monday, 24/9/2018, at 2:43 am Doha local time
 
Doha: The program "What is the greatest hidden," the file of the referendum, which was held in the Kurdistan region of Iraq last September, on the self-determination of the Kurds of Iraq, which was raised by the great controversy internally and regionally, and put many question marks on the timing and parties that supported the referendum. Revealed colleague Tamer al-Maskal episode - which was broadcast by Al-Jazeera yesterday evening entitled "Kurdistan .. referendum bet" during the exclusive interviews conducted by the scenes and hidden what happened in politics and the field, including an interview with the President of the Territory, "Massoud Barzani," who resigned after the referendum and addressed him A lot of criticism for his insistence on it. Some of the guests of the seminar revealed the role of Israel and other regional countries in supporting this referendum and the goals it sought to achieve. And it is clear that he did not support the secession of Kurdistan from Iraq after the Zionist entity only Saudi Arabia and the UAE, and the Iraqi researcher Mekki meeting that the UAE funded the referendum, and said it was clear that there is a tripartite axis forming or a new alliance in the region rejects the referendum led by Turkey, Iran and Iraq, In some countries of the region it was not clear where it did not disclose its positions, while Israel played a key role in the referendum and push strongly to conduct it.
 
The UAE's policy center signed a memorandum of understanding with Erbil to help organize and organize the referendum on secession. The role played by the UAE, , Which can be considered as a key partner in the division and fragmentation of Iraq, especially as UAE officials announced that they with the aspirations of the Kurds of the region to establish their own state. "The UAE's position on the referendum and the support of the Kurds comes because they believe that Iran and Turkey are strategic adversaries in the region and therefore these two countries should be weakened by the creation of secessionist entities," she said. "By supporting the referendum in Kurdistan, This would lead to the separation of the Kurds of Turkey and Iran and then the division of the two countries and weaken them. Makki pointed out that Saudi Arabia was less enthusiastic than the UAE because it understands that if the separation in Iraq and spread to Iran and Turkey may extend to many countries, including Saudi Arabia itself.
 
 
Tatar reveals the details of the movement of 3,000 members of the "Alliance" to the "Democratic Kurdistan"
 
 
Monday, 24 September 2018 12:53 p 
An official of the Democratic branch in Zakho Ali Tatar revealed that some 3,000 members of the Alliance for Democracy and Justice (led by Barham Salih before leaving and returning to the National Union) left the ranks of the coalition and joined the Kurdistan Democratic Party (KDP) Kurdistan Region.
 
He added that in the elections of the Iraqi Council of Representatives joined the 4 thousand people from Zakho Barham Saleh, but after the results of those elections show people that there are "buying and selling" their votes.
 
He explained that many of these felt regret for not voting for his party and joined the coalition after it was revealed to them that the defense of the people of Kurdistan is the Democratic Party only, he said.
 
Tatar said that a few days ago his party received more than 400 people and today he received 150 people, and that there are other numbers will follow the same direction, pointing out that he can claim that more than 3 thousand people changed their destination from the alliance to his party and vowed to continue the struggle with him, .
 
 
Iraq .. Alliance "reform and reconstruction" meets with the presence of Abadi
 
 
Published: 23.09.2018 | 22:14 GMT | Arab World News
 
The coalition of "reform and reconstruction" on Sunday, at the Hotel Babylon in Baghdad, in the presence of Iraqi Prime Minister Haider Abadi, and made several recommendations and decisions, including cooperation for the formation of a national government
 
The conference was attended by the leader of the wisdom movement Ammar al-Hakim and the nephew of Muqtada al-Sadr, Ahmed al-Sadr, and leaders of the coalition, including the Secretary-General of the Iraqi Communist Party Raed Fahmi.
 
"The meeting resulted in a number of recommendations and resolutions, including cooperation to form a national government and unifying the government program in one framework reflected in its excellence through the activation of the relevant committees in a period not exceeding one week," said Ahmed al-Sadr, who delivered the statement at the conference attended by RT.
 
"Among the other recommendations, focus on partnership in the resolution and the position and dialogue on the strategic aspects and the selection of presidential sites and the consolidation of positions in addition to the consolidation of the national project and the elimination of political sectarianism and quotas."
 
He pointed to "the agreement to work to adjust the course of the electoral process and what happened in the elections of the House of Representatives in accordance with legal contexts, and consolidate the national project as well as commitment to constitutional dates to form the next government."
 
He stressed the need to "encourage the Kurdish partners to consolidate their position in the provision of one candidate for the presidency of the Republic according to the benefits, otherwise it is agreed between the forces of the reform alliance to choose one of the competitors."
 
The statement called for "addressing the phenomenon of the transfer of deputies from their lists to other lists and find an amendment to the election law for this regard," noting the statement, "stressing the importance of naming the heads of electoral lists to the Alliance of Reform and calling for a common position and clear outputs in each meeting of the House of Representatives.
 
Sadr stressed the need to "focus on the continuation of the coalition of reform and reconstruction and turn it into a national political project in an effective institution to develop the political project."
 
 
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GLOBAL/NEWS/INFO

Today in History
Today is Sunday, Sept. 23, the 266th day of 2018. There are 99 days left in the year.
https://www.chron.com/news/article/Today-in-History-13250872.php

7 US cities that will pay you thousands to live there
Small U.S. cities are offering big incentives to attract young, skilled and educated workers.

This building material can protect homes during natural disasters, and the US is missing out
CNBC
If built properly, the material is very strong and can withstand high winds, earthquakes and even fires. Read the full story

9/22: CBS Evening News
CBS News
Kavanaugh accuser responds to Senate request; Authorities find $18 million worth of cocaine hidden in banana shipment Read the full story



OIL/COMMODITIES/ENERGY
Crude Oil Prices Settle Higher After Report Triggers Output-Hike Scares
Investing.com
© Reuters. Crude Oil Prices rose for a second week in a row on Friday. Read the full story

China Cancels Trade Meeting, OPEC May Raise Production by 500K
China dropped a potential bombshell late Friday when it canceled planned trade discussions with the United States. Gold prices edged lower on Friday as the U.S. Dollar firmed on renewed concerns over escalating trade tensions between the United States and China. A report showed OPEC and its allies were considering a coordinated increase in crude production.
https://www.fxempire.com/news/article/china-cancels-trade-meeting-opec-may-raise-production-by-500k-528504


BANKS/BANKING/CREDIT
10 Years Later: How Has America's Consumer Debt Changed Since the Financial Crisis?
The Motley Fool
Have Americans become more responsible when it comes to borrowing money? Read the full story

Corporate America, not banks, could cause the next recession
CNN Money
US companies have piled on a record-setting $6.3 trillion of debt. That mountain of debt could pose trouble as borrowing costs rise and growth slows. Read the full story

U.S Mortgages – Up 4-Weeks in a Row, a 5th Looking a Stretch
Up for a 4th week in a row, rates may head south in the week ahead, Trump likely to ruffle the UN’s feathers and trade talk in Focus.
https://www.fxempire.com/news/article/u-s-mortgages-up-4-weeks-in-a-row-a-5th-looking-a-stretch-528563


TREASURIES/BONDS/STOCKS
Week Ahead: Expect Additional U.S. Equity Records, More USD Setbacks
Dow posts fresh record on Friday, capping off record-setting week for US major indices
Dollar reverses lower on rotation out of safe havens, into stocks
https://www.investing.com/analysis/week-ahead-200345113

Why investing in the next big start-up could be a disaster for your finances
CNBC
The Securities and Exchange Commission may expand the "accredited investor" definition, granting more people access to private investments, including tech start-ups. Though the opportunity may be tempting, you could stand to lose big time if you fail to do your homework. Here's what you should know. Read the full story

Next crash will be 'worse than the Great Depression': experts
New York Post
Ten years ago, it was too-easy credit that brought financial markets to their knees. Today, it could be a global debt of $247 trillion that causes the next crash. After a decade of escalating US household debt brought on by low wages and the national debt more than doubling over the same time frame, to $21 trillion, debt could soon put the brakes on this economic recovery, analysts warn. “We think the major economies are on the cusp of this turning into the worst recession we have seen in 10 Read the full story

The stock market has just undergone a major transformation
CNBC
After the bell Friday, around $2.8 trillion in equities reshuffled into the newly created communications services sector. Those changes leave the tech sector looking a little different to investors. Read the full story


CRYPTO'S / DIGITAL CURRENCY
Bitcoin – Bears Look to Bring Bitcoin Back Down to Earth
Bitcoin hits reverse in the early part of the day, a hold on to $6,700 levels neededto avoid a pullback to test sub-$6,600 support levels.
https://www.fxempire.com/news/article/bitcoin-bears-look-to-bring-bitcoin-back-down-to-earth-528558

Gemini dollars: The most promising thing to happen to crypto in months
VentureBeat
Earlier this week, the Winklevoss twins announced a new currency built on the Ethereum blockchain that can be used for low cost cross-border transactions, all backed by the U.S. dollar. To date the Winklevoss twins have made the news for their efforts to bring cryptocurrencies into the mainstream. The twins, who founded Gemini, one of... Read the full story

Crypto-Advocacy Comes Of Age As Trade Groups and Think Tanks Move On Washington
Forbes Magazine
Political and regulatory pressures have necessitated more crypto boots on the ground in Washington to boost the industry’s image, and an influx of new trade and advocacy groups are springing up to meet that demand Read the full story



CURRENCIES
EUR/USD, Where to From Here?
The EUR/USD has been quite erratic since early 2015. The Greek crisis caused the pair to drop from 1.40 to near parity, all in the space of 10 months, and that was a brutal move lower which destroyed longs. Since then, the pair has range traded between 1.04 and 1.24, spending some time near both these extremes.
https://www.fxempire.com/forecasts/article/eurusd-where-to-from-here-528622

Receding Risk Aversion Drives Dollar Lower Against Most Major Currencies
The U.S. Dollar finished lower against a basket of major currencies last week after an easing of tensions over the trade dispute between the United States and China encouraged investors to lift dollar hedges. The Reserve Bank of Australia (RBA) warned on risks to its outlook from U.S.-China trade tensions and weak wages, while reaffirming its next interest rate move would likely be a hike. The New Zealand Dollar was boosted after data showed its economy grew at a faster pace than expected in the second quarter. The Bank of Japan (BOJ) reiterated last Wednesday that it would keep interest rates extremely low “for an extended period,” holding to forward guidance it first introduced in July.
https://www.fxempire.com/news/article/receding-risk-aversion-drives-dollar-lower-against-most-major-currencies-528524

 
 
INSURANCE / HEALTH / SCIENCE
High-Fiber Diet Linked To Improved Brain Health In New Study
Forbes Magazine
We already know eating a high-fiber diet is important for heart and digestive-system health, but new research is showing that it may also play a vital role in preserving brain health as we age. Read the full story

Ever Wondered How Long the Flu Shot Lasts? We Asked the Experts
POPSUGAR
You've decided to get the flu shot to steel your body against the tiny invaders known as influenza. So, how long does this stuff last? "The shot lasts long enough to protect against the flu for one flu season," said Dr. Honore Lansen, MD, of One Medical.In other words, the vaccine you got last year ... Read the full story

7 Things You Didn't Know Can Make The Flu Last Longer
Bustle
Getting the flu is no fun. But as summer winds down, it's more and more likely. If you end up stuck with this bug, it's important to watch out for things that make the flu worse, so you can be back to your best self as soon as possible. Some of… Read the full story

10 Unexpected Signs Of Liver Failure That Everyone Needs To Know
Bustle
Chances are good that liver failure probably isn't something you think about too often. It might seem like liver disease is something that only happens to older people or those who abuse alcohol; not like something that's going to happen to you.… Read the full story

This master sergeant lost 40 pounds by switching to six small meals a day
NBC News
After several debilitating injuries, Kim Kaminski lost 40 pounds by switching up her mealtime routine and her attitude. Read the full story

Opinion | Is a low-carb diet healthy? Science proves why diet fads like keto can't beat eating in moderation
NBC News
The truth is a high-quality diet has always been marked by balance and inclusiveness, featuring all types of natural foods. Read the full story
Alcohol Is Responsible For 5% Of All Deaths Globally, Study Finds
Forbes Magazine
A new World Health Organization report suggests that people around the world are still drinking themselves to death. Read the full story

USA / CANADA
What to expect from President Trump at the UN General Assembly
ABC News
President Trump is attending the United Nations General Assembly. Read the full story

US student debt might lead to the next financial crisis
New York Post
In may not be trigonometry, but if you do the math, there is a great divide in how an estimated $2 trillion will be paid back in the near future. For some analysts, US student debt has shades of the subprime crisis that felled the economy back in 2008. But this time, instead of bricks and mortar for collateral, the new toxic debt is “secured” by diplomas, the supply in many cases far exceeding demand. “What is the collateral there? I will give you my English thesis on Henry James in return?” Read the full story

U.S. says won't hesitate to impose sanctions over fuel to North Korea
Reuters
The U.S. State Department said on Saturday that Washington would not wait to impose sanctions on any shippers helping to get fuel to North Korea, in an apparent warning to Russia days after the U.S. ambassador to the United Nations accused Moscow of cheating on the measures. Read the full story

World leaders at UN look for progress on N Korea, brace for Trump
TRT World
World leaders at UN look for progress on N Korea, brace for Trump Read the full story

World leaders gather at the UN next week bracing for a crisis they can't quite see
CNBC
The stakes are historic in nature during our new era of global competition, characterized by Chinese efforts to displace U.S. leadership, Russia's actions to disrupt it and American uncertainty over how and whether to preserve it, writes Atlantic Council President and CEO Fred Kempe. Read the full story
Economy keeps pumping, but now the Fed wants to let out some air
MarketWatch
The cost of borrowing money in the U.S. is going up this week thanks to the Federal Reserve — and a pumped-up economy. Read the full story


EMERGING MARKETS
Hunger, not violence, fuels Guatemalan migration surge, U.S. says
The Washington Post
Top U.S. border security official is traveling to Central America to promote development. Read the full story

Chinese hospital ship docks in Venezuela amid crisis
ABC News
A Chinese navy hospital ship docked near Venezuela's capital as the OPEC nation's deepening economic crisis garners the attention of the U.S. and other world powers Read the full story

Puerto Rican island still without power more than one year after Maria
CBS News
It’s been one year since Hurricane Maria swept through Puerto Rico with devastating results. One study found the storm responsible for nearly 3,000 deaths. It was only last month that Puerto Rico’s electric company finally restored power to all customers -- except for one part of the commonwealth, the island of Vieques. David Begnaud reports. Read the full story


MIDDLE EAST
OPEC, Russia rebuff Trump's call for immediate boost to oil output
Business Insider
People look at flags ahead of the OPEC Ministerial Monitoring Committee in Algiers Thomson Reuters By Rania El Gamal, Ahmad Ghaddar and Olesya Astakhova ALGIERS (Reuters) - OPEC's leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in crude output, effectively rebuffing U.S. President Donald Trump's calls for action to cool the market. "I do not influence prices," Saudi Energy Minister Khalid al-Falih told Read the full story

Israel gives Palestinian Bedouin villagers until month end to leave
TRT World
Israel gives Palestinian Bedouin villagers until month end to leave Read the full story

Israeli Soldiers Arrested for Allegedly Forcibly Stripping Palestinian Women at Checkpoint
Newsweek
Two Israeli border guards allegedly stripped Palestinian women and stole money while on duty in the West Bank. Read the full story
Russia blames Israel for downing of plane by Syrian forces
ABC News
The Russian Defense Ministry has again blamed Israel for the downing of a Russian plane by Syrian government forces and says Israel appears "ungrateful" for Moscow's efforts to rein in Iran-backed fighters in Syria Read the full story

Saudi Arabia Already Has a Ballistic Missile Arsenal Courtesy of China—With a Little Help from the CIA
The National Interest
Sebastien Roblin Security, Middle East Saudi Arabia has reportedly never test-fired its missile arsenal, however, leaving the operational readiness of the RSSMF open to question. Nonetheless, it has maintained four or five underground facilities to house the weapons. You would be hard pressed to find two more determined foes of Iran other than Saudi Arabia and Israel. The latter country has long been perturbed by bellicose anti-Israeli rhetoric from Tehran, and has unleashed hundreds of air Read the full story

OPEC and allies struggle to pump more oil as Iran supply falls
Business Insider
FILE PHOTO: The OPEC logo at OPEC's headquarters in Vienna Thomson Reuters By Ahmad Ghaddar and Olesya Astakhova ALGIERS (Reuters) - OPEC and its allies reduced oil output in August as a drop in Iranian supply due to U.S. sanctions derailed their attempts to raise production to agreed levels, delegates said on Saturday as the energy producers prepared to hold talks in Algiers. The development further raises pressure on the Organization of the Petroleum Exporting Countries to boost supply amid Read the full story


AFRICA
'Little change' in Zimbabwe since historic election
Sky News
When Emmerson Mnangagwa pushed long-time friend and fellow revolutionary Robert Mugabe out of the Zimbabwean presidency last year, he promised to deliver far-reaching political and economic reforms to a tired, run-down nation. Read the full story

My house was burned down because of my views, says Zimbabwean father-of-five
Sky News
Zimbabwe's electoral commission denied there was any interference in the country's first elections since Robert Mugabe stood down last year, despite accusations to the contrary. Read the full story

ASIA
Asian firms shuffle production around the region as China tariffs hit
Reuters
A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to shift production from China to other factories in the region in the wake of U.S. President Donald Trump's tariffs on Chinese imports. Read the full story

China summons US ambassador over sanctions move
ABC News
Chinese state media say the foreign ministry has summoned the U.S. ambassador to deliver a strong protest against economic sanctions lodged over the purchase of Russian fighter jets and surface-to-air missile equipment Read the full story

US-China trade talks stall amid tariff standoff
CNN Politics
Negotiations between the United States and China have stalled after President Donald Trump ordered new tariffs on Chinese goods. Read the full story

What's the endgame in the US-China trade war?
Aljazeera
The ongoing and protracted tit-for-tat trade dispute between China and the United States has intensified this week - so much so that it prompted a warning from the Organisation for Economic Cooperation and Development (OECD). The Paris-based think-tank says the world's economy can't keep growing if things don't improve on the trade front. China has now slapped tariffs on nearly $6bn-worth of US goods in retaliation for the latest round of US tariffs on $200bn-worth of Chinese products. The Read the full story

Why China buying up ports is worrying Europe
South China Morning Post
Far-reaching commercial activities raise question of whether port investments are linked to military purposes and represent a security risk in host countries Read the full story

China Demands U.S. Withdraw Sanctions Imposed Over Military Purchases From Russia
The New York Times
Chinese officials summoned the United States ambassador in Beijing to denounce the sanctions that Washington announced this week. Read the full story


EUROPE
Pro-Brexit movement splinters in fight against PM's EU divorce plan
Business Insider
By William James BIRMINGHAM, England (Reuters) - The grassroots campaign to steer Britain into a more radical departure from the EU is at a crossroads: time is short, and the self-styled "People's Army" of activists that was a driving force in bringing about Brexit is splintering. Britain is due to exit the European Union in March, leaving it heading into an uncertain future with its biggest economic and political realignment in more than four decades. To the frustration of many among the 17.4Read the full story

British PM Theresa May 'planning snap election' in November
Aljazeera
British Prime Minister Theresa May is planning an early general election in November in order to save her leadership and to prevent talks with European leaders over Britain's exit from the bloc from collapsing, according to a report by the Sunday Times newspaper. The report comes just days after EU leaders rejected the Conservative party leader's preferred plan for leaving the EU, the so-called Chequers agreement. Under the plan, the UK would enter into a free trade area with the EU, which would Read the full story

Brexit Is Just One Of Many European Problems
Forbes Magazine
The current focus in Europe is all on Brexit. However, do not think that is the only problem Europe faces. Nations are indebted, banks face falling asset quality and the economy is stagnant. Do not be surprised if the European Union eventually splits.Read the full story

Polish Stocks: Should You 'Fill Your Boots' On FTSE's Developed Market Upgrade?
Forbes Magazine
With the promotion of Poland and the Polish capital markets to Developed Market status by FTSE Russell - effective as of September 24 - will the upgrade act as a catalyst for further investment in the country, boost the stock market and should investors be taking note? Read the full story
d
d
 
CBI, ISX, Kauaihn Chatter:
 
CBI Update:
 
 
The CBI for Monday 9/24/18 did update on the indicative rates Sell Rate 1190
The currency auction is 202,124,850
There is one  news and announcements.
1.Contractors Receivables Table (Muthanna Governorate, Diwan Waqf Shiite, Najaf Governorate and Ministry of Interior)
 charts 
.
September 24, 2018
ISX Update:
Value Traded
396,005,561
 
Shares Traded
867,166,166
 
ISX ended in Red
 
Kauaihn Chatter:dd
 
 
9-23-2018   Newshound Currency365   Iraq has until Oct 10th to pick the President but lets see if they do it early if so we should see the Prime minister picked in October/November...Sadr and others in a meeting tonight about Reforms and Reconstruction.
 
9-23-2018    Newshound Guru Don961   Article:  "Private banks see the appropriate time to launch the initiative "trillion dinars"    imo... sounds like it's time for the banks to be real banks and make money by doing traditional loans and providing other services ... instead of just making easy money on the spread from what they bought usd for in the currency auction ... and what they got in the street market ... there was no need to work so hard when all they needed to do was be a money-changer and resell the usd for big profits ... those days of high spreads are ended with 2% compliance ... and the pending closure/reduction of that auction window ... bringing that true value back to the iqd can't hurt either.
 
9-23-2018 Intel Guru Frank26 ...There are still more days in this month so lets see what happens...if we go into next month, we go into next month...will you join me in our study. I believe there are many things behind the scenes to release the Monetary Reform of the Iraqi dinar. ...Very important right now is the BIS...the BIS is working, I believe, with the GOI for Monetary Reform...I think that's significant for them to come in at this stage. IMO, the WTO is doing the same thing right now. We should look at what the BIS and WTO is doing with the government of Iraq because IMO the Central Bank of Iraq has already done what it needs to do with the fab 4. It's interesting to see the BIS came in NOW. ...I told you IMO, there is a date for the reinstatement of the Iraqi dinar...IMO, if that date is getting closer, then so should the BIS.

9-23-2018 Intel Guru Jester [It seems it is a timing thing and when it gets here it will get here.] ... IT IS...AND I DO BELIEVE THE CLOCK IS TICKING... THERE ARE THINGS HAPPENING...THE GUYS ON MY END ARE HIGHLY EXPECTANT... BUT THERE AGAIN NO ONE CAN GIVE ME ANY PROOF... THEY DO NOT GIVE DATES OR RATES EITHER... IF THEY DID THIS WOULD BE EASIER... HAHAHHAH... [I remember they said it would be done well before election day.] ...NO THAT IS NOT WHAT THEY SAID... THEY SAID THAT DOESN'T HAVE ANYTHING TO DO WITH IT.... BUT THEY THOUGHT IT MIGHT BE DONE PRIOR TO THAT...

9-23-2018 Newshound Guru chattels Article: "Dawa leaders meet in first step towards Maliki-Abadi reconciliation..." No final reconciliation agreement has been announced yet, however.
 
9-23-2018 Intel Guru Frank26 ...I suppose the most important thing I want you to remember...is that there is a date...I may not know it...But stop and think about this...Entities know it...
 
Elmer:
 
Not in today
 
Artmeister:
 
Not in today
 

Catnip:

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ARTICLE 1-A (from PM Abadi's website; posted only on Arabic side, not on English side)

Prime Minister and Commander-in-Chief of the Armed Forces Dr. Haider Al-Abadi heads a meeting of the Ministerial Council for National Security

Prime Minister and Commander in Chief of the Armed Forces Dr. Haider Al-Abadi on Sunday chaired a meeting of the Ministerial Council for National Security.

During the meeting, they discussed the security situation and the maintenance of security stability and the results of the large-scale inspections and disinfection that were launched in the past few days in Salah al-Din, Anbar and Ninewa desert in the direction of the Iraqi-Syrian border.

The Council discussed the measures taken in relation to directing the Ministerial Council for National Security to disarm citizens and restrict them to the state and vote on their own mechanisms.

The previous directives and resolutions have also been followed up and a number of decisions and directives have been adopted.

Prime Minister 's Media Office
23 September-2018

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ARTICLE 1-B (from PM Abadi's website; posted only on Arabic side, not on English side)
Prime Minister Dr. Haider Al-Abadi receives Undersecretary of the Ministry of Economy and Energy of the Federal Republic of Germany Mr. Thomas Parais

Prime Minister Dr. Haider Al-Abbadi, Deputy Minister of Economy and Energy of the Federal Republic of Germany, received Thomas Parais and his accompanying delegation.

The meeting discussed means of cooperation in the sectors of energy, education, health, training centers and job creation.

The delegation stressed Germany's support for Iraq in all fields and the willingness of German companies to work and invest in it.
Prime Minister 's Media Office
23 September-2018

*************
ARTICLE 2
  1. Students will be returning to school soon across Iraq, including in Nineveh province. Restoring access to good quality education is a key objective of the @IraqiGovt stabilisation strategy for Nineveh and other liberated areas
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ARTICLE 3

Parliament to resume its Tuesday in the presence of three ministers
2018/9/23 19:35
[Ayna-Baghdad]
The House of Representatives will resume next Tuesday its second session of the fourth session.
A statement to inform the Council, the agency received all of Iraq [where] a copy of it today, the House of Representatives will begin its next Tuesday to discuss the formation of permanent committees in parliament.
He will also present a public invitation to discuss the situation and provide services in the province of Basra in the presence of [Minister of Health, Minister of Housing and Construction and Public Municipalities, Minister of Water Resources].
The session begins at 11 am.

*************
ARTICLE 4

Sarwa Abdel Wahid invites her counterparts candidates for the presidency to a television debate
2018/9/24 10:45
[Ayna-Baghdad]
The candidate for the presidency, Sarwa Abdul Wahid, on Monday, invited her counterparts nominated for the presidential post to a "television debate."
"The debate between the candidates gives an opportunity to get to know more about the program and to guide every candidate in the presidency," Abdel Wahed said in a press release issued by her media office.
"I believe that the people should be informed of all the details and the possibility of each candidate and how to deal with the state, I invite all candidates to hold an open television debate."
"I am personally prepared for this at any time and on any television channel or in front of the public," she said.
The Kurdish politician and former MP Sarwa Abdel Wahid, announced on Sunday, nominated for the post of President of the Republic, "expressing hope" to be the first woman in the history of Iraq can predict the position of President of the Republic and win.
She explained that she announced her candidacy for the post of President of the Republic according to the Iraqi constitution, because the post of President of the Republic gives Iraqis immunity to protect the Constitution and the consolidation of national unity and the confirmation of Iraqi state.
The Patriotic Union of Kurdistan, previously announced the candidacy of Barham Salih, for the post of President of the Republic, and Sardar Abdullah and Salim Shoshkai and Latif Rashid requests for nomination for the post, while the Kurdistan Democratic Party nominated Fuad Hussein for the post.

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ARTICLE 5

The crowd controls explosives and explosive belts in the Nineveh district
2018/9/24 12:06
[Ayna-Baghdad]
On Monday, field engineering in the popular crowd seized improvised explosive devices and belts in a field survey within the Nineveh Operations Division.
"The field engineering detachments in the crowd carried out a field survey in the villages of Sheikh Ibrahim and Abu Rasin within the Nineveh Operations Division in search of mines and war remnants belonging to a criminal organization," said a statement to the crowd.
He added that "the operation resulted in the seizure of a number of explosive devices and projectiles, explosive belts and materials involved in the manufacture of explosives, where it was processed on the ground."

*************
ARTICLE 6

Siesta during long travel does not relieve fatigue

NEW YORK (Reuters) - Many people are tired and tired after long flights, and researchers and experts attribute it to an imbalance in the body's biological clock as a result of shifting between different time zones

The symptoms range from stress to difficulty in concentration, and although there is no treatment to deal with the biological clock, there are some tips to alleviate it, according to the British newspaper Daily Mail

Dr. Joseph O'Geeley, founder of the Clayton Sleep Institute in Missouri, reveals why it can take days to adapt, and why "traveling west is better"

When it's 11 pm EST, and you know you're going to sleep, your body tells you that the timing is exactly 8pm PST, and it's better to head west, where you have time to rest, or if you go east, It will be time in the morning, and you will have to get up and go to work.

Our biological clocks coincide with light changes in the dark and regulate multiple physiological processes including body temperature patterns, brain activity and hormone production. Dr. Ogli believes that siesta does little to deal with this problem and can even counterproductive

There are two internal hours that organize the sleep and wake up cycle. The first is called the stable sleep engine, which balances sleep and wakefulness. The other is our daily rhythm, which is responsible for the optic nerves in a specific area of ​​the brain.

Light is the key that affects the daily rhythm. When the sun rises, the brain sends signals to the pineal gland to suppress the production of melatonin, the hormone responsible for sleep

These two hours require little time to restore synchronization, resulting in fatigue and fatigue during travel and moving from one time zone to another.

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