Sunday, September 23, 2018

WOTS Sunday 9/23/18

WOTS Sunday 9/23/18




WOTS Sunday 9/23/18:
 
Forex Rates: 
 
 
 Friday closing rates
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,166.9000  1,217.9000 1,166.9000 1,166.9000 1,166.9000  0.0000 02:41
 USD/VND  22,978.9000  23,658.6000 22,978.9000 22,978.9000 22,978.9000  0.0000 02:41
 USD/CNY  6.8567  6.8587 6.8567 6.8471 6.8471  0.0096 08:57
 USD/KWD  0.3024  0.3034 0.3024 0.3024 0.3024  0.0000 02:41
 GBP/USD  1.3072  1.3074 1.3076 1.3072 1.3076  -0.0004 09:01
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  14,812.0000  14,826.0000 14,812.0000 14,812.0000 14,812.0000  0.0000 08:57
 
 
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DC NY Iraq Articles:dd
 
 
Private banks see the appropriate time to launch the initiative "trillion dinars"
 
https://translate.googleusercontent.com/translate_c?depth=2&hl=en&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=https://www.thebaghdadpost.com/ar/Story/121735/%25D8%25A7%25D9%2584%25D9%2585%25D8%25B5%25D8%25A7%25D8%25B1%25D9%2581-%25D8%25A7%25D9%2584%25D8%25AE%25D8%25A7%25D8%25B5%25D8%25A9-%25D8%25AA%25D8%25B1%25D9%2589-%25D8%25A7%25D9%2584%25D9%2588%25D9%2582%25D8%25AA-%25D9%2585%25D9%2586%25D8%25A7%25D8%25B3%25D8%25A8%25D8%25A7-%25D9%2584%25D8%25A7%25D8%25B7%25D9%2584%25D8%25A7%25D9%2582-%25D9%2585%25D8%25A8%25D8%25A7%25D8%25AF%25D8%25B1%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25AA%25D8%25B1%25D9%258A%25D9%2584%25D9%258A%25D9%2588%25D9%2586-%25D8%25AF%25D9%258A%25D9%2586%25D8%25A7%25D8%25B1&xid=17259,15700021,15700124,15700149,15700186,15700191,15700201,15700214&usg=ALkJrhhWLJhgjV9C4qbk0K5R3gprWR7wng
 
Sunday, 23 September 2018 12:56 PM

Association of Iraqi Banks
 
The Association of Iraqi Private Banks confirmed that the time has come to activate the initiative of the Central Bank to support small and medium enterprises, amounting to one trillion dinars.
 
"The reason for the non-activation of the initiative at the time of its launch is due to the existence of the sale window of the currency, which the banks were making profits from," said the president of the association Wadih al-Hanalal in a speech during a workshop on the initiative held in Erbil. "To lend to the market there was another source of profit, the window of the currency, but the recent profits ended, there is only the banks to lend."
 
The chairman of the Association of Iraqi Private Banks, suggested reviewing the interest rate and leaving the market is the one who determines the interest rate, and the latter competition will be between the banks. 
Jaafari represents Iraq at UN General Assembly meetings
 
 
Sunday, September 23, 2018
 
Alsumaria News / Baghdad 
The Iraqi Ministry of Foreign Affairs said on Sunday that its minister Ibrahim al-Jaafari would represent Iraq at the UN General Assembly.
 
"Foreign Minister Ibrahim al-Jaafari will represent Iraq at the 73rd session of the United Nations General Assembly," ministry spokesman Ahmed Mahjoub told Alsumaria News.
 
For his part, revealed a political source familiar with "the representation of Jaafari to Iraq, came after the apology of President Fuad Masum and ministers Haider Abadi to attend meetings of the Assembly."
 

The Iraqi Foreign Ministry announced earlier that Iraq was elected as deputy president of the United Nations General Assembly for the 73rd session, saying that Iraq's appointment was a diplomatic victory.
 
Democratic Kurdistan will announce today its candidate for the presidency
 
https://translate.googleusercontent.com/translate_c?depth=2&hl=en&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=https://www.thebaghdadpost.com/ar/Story/121695/%25D8%25A7%25D9%2584%25D8%25AF%25D9%258A%25D9%2585%25D9%2582%25D8%25B1%25D8%25A7%25D8%25B7%25D9%258A-%25D8%25A7%25D9%2584%25D9%2583%25D8%25B1%25D8%25AF%25D8%25B3%25D8%25AA%25D8%25A7%25D9%2586%25D9%258A-%25D8%25B3%25D9%258A%25D8%25B9%25D9%2584%25D9%2586-%25D8%25A7%25D9%2584%25D9%258A%25D9%2588%25D9%2585-%25D8%25B9%25D9%2586-%25D9%2585%25D8%25B1%25D8%25B4%25D8%25AD%25D9%2587-%25D9%2584%25D8%25B1%25D8%25A6%25D8%25A7%25D8%25B3%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25AC%25D9%2585%25D9%2587%25D9%2588%25D8%25B1%25D9%258A%25D8%25A9&xid=17259,15700022,15700124,15700149,15700186,15700190,15700201,15700214&usg=ALkJrhhFjSOpfL4QU8nulx01JERTPcMLjQ
 
Sunday, 23 September 2018 12:19 p
 
Vian Dakhil, a member of the Kurdistan Democratic Party, said the party will officially announce on Sunday its presidential candidate.
 
Dakhil said in a press statement: "As an electoral entitlement we have the right to run for the presidency of the Republic and it was customary to distribute these positions on the Kurdish component, and clinging to this issue and to be the Democratic Party."
 
"We feel that the position is an electoral entitlement and this stage is pivotal in the history of Iraq and we need to participate strongly as real partners. Since the illness of the late President Jalal Talabani, the position did not have the power to solve the problems of Baghdad and Erbil.
 
Dakhil stressed that the party insists on the nomination to restore balances and change the positions and faces, which is a serious desire for the party to fill the position and does not retreat from it, "indicating that the party leader Massoud Barzani told the political parties in Baghdad, the Democratic adherence to the presidency.
 
And denied the existence of a dispute with the Patriotic Union of Kurdistan and surprise us last meeting Barham Saleh candidacy in the media without agreement on it, excluding the decision of the candidate for the position in parliament next Tuesday that the candidate will be subject to the procedures of accountability and justice was presented next week.
 
She added: "We are not satisfied with the candidacy of Barham Saleh and will not be able to play the convergence of views between Baghdad and Erbil because we are dissatisfied with him and there is a rejection of him from within the Patriotic Union of Kurdistan, and we hoped to have an understanding on naming the candidate and since he got pre-nomination and informed by the media We now have the right to run. "
 
The candidates in the media are [Hoshyar Zebari, Rose Nuri Shaways, Fuad Hussein] and this is a sky in the media and not officially from the party," Dakhil said.

She pointed out that the powers of the President of the Republic were absent and must be implemented now, excluding the candidacy of the party leader Massoud Barzani and his deputy, Nechirvan Barzani, to the post of President of the Republic.
 
She said that the issue of the receipt of Massoud Barzani, the presidency of the Republic is a long time is not aspiring to positions and even Nechirvan Barzani.
 
She was not surprised by the position of the construction coalition in the voting for our candidate by virtue of political relations and our vote of conviction for their candidate Mohamed Halboussi to the presidency of parliament. Sunday, September 23, 2018
 
 
 
Member of the building: the voting session on the President of the Republic will proceed smoothly
 
Sunday, September 23,
 
Alsumaria News / Baghdad 
MP of the parliamentary bloc of construction Thamer Dheban, Sunday, that the parliamentary session next Tuesday, which is dedicated to the vote on the candidate of the post of President of the Republic will continue "smoothly and easily" without any high problems for the existence of great understandings between the political forces, indicating that the talks are in full swing to arrange the meeting positively To complete the rest of the constitutional entitlements.
 
He said in an interview with Alsumaria News that "next Tuesday's session, which is dedicated to the vote on the candidate of the Kurdistan forces for the post of President of the Republic expect to pass smoothly and easily without any problems," noting that "the passage of the candidate will be very high for the existence of consensus and understandings of high level among the political forces, .
 

He added that "the passing of the constitutional entitlement to the post of President of the Republic is an important step to move towards assigning the President of the candidate of the largest bloc to form a government and provide his cabinet," pointing out that "the talks are in full swing to arrange the next meeting scheduled next Tuesday to be positive to move to the rest of the benefits" .
 
The Presidency of the Council of Representatives set on September 25, a date for the session of Parliament to vote on the candidate for the post of President of the Republic.
  

Integrity: severe imprisonment of the director of the branch of a government bank in Salah al-Din

 
Editorial Date: 2018/9/23 10:26  111 times read
 
{Baghdad: Al Furat News} The Integrity Commission announced the issuance of a severe prison sentence for the director of the branch of a government bank in the province of Salah al-Din.
A statement of integrity received by the agency {Euphrates News} a copy of it, "the Department of Investigation in the body revealed the issuance of the Court of Misdemeanors Integrity in the province of Salah al-Din, two absentees sentenced to separate imprisonment for four years each, against the former director of Rafidain Bank - the branch of Tikrit; With the money of the party where he worked. " 
He added that "the Chamber, confirmed the exhibition on the details of the cases that have been investigated, that the convict took advantage of his job, and the disbursement of two instruments totaling 260 million dinars." 
"The fugitive accused that the fugitive had forged the signatures and seals of one of the revived envelopes and withdrew $ 93 million after signing the exchange document. In the second case, the accused signed a false deposit and withdrew 167 million dinars for one of the defendants , Although the amount was not originally deposited. " 
The statement added that "the court, after reviewing the testimony of the legal representatives of the Integrity Commission and the Rafidain Bank, in addition to the minutes of administrative investigation, witness testimony and the escape of the accused, found it sufficient and convincing to criminalize and convict him according to the provisions of Article 341 of the Penal Code. And the execution of the two punishments in succession "
 
Commencement of the two customs points for the materials coming from Arbil and Sulaymaniyah
 
 
23/9/2018 12:00 am
 
Kirkuk / Nahdet Ali 
Kirkuk witnessed yesterday the opening of customs points for goods coming through the two routes from the two provinces of Arbil and Sulaymaniyah. The governor of Kirkuk, Ali Hamadi, told Sabah: The province of Kirkuk opened on Saturday the two customs points that were established on the roads leading to the provinces of Erbil and Sulaymaniyah after the completion of all the necessary procedures and their presence to allow the work of customs duties for goods entering the province through its status and then to other provinces. A mechanism of work includes a link to the amount of money to the customs tariff, which amounts to 5 percent, 4 percent for federal government imports and 1 percent for imports of the province 
Kirkuk. 
Hammadi pointed to the increase in the proportion of goods passing through the central and southern governorates through the province of Kirkuk, especially after the opening of the Kirkuk-Erbil road and the rehabilitation of a temporary bridge in the area of ​​Elton Kubri. The study was conducted by the Ministry of Finance and the Central Bank and Customs Authority, For the establishment of customs control in order to impose customs duties on goods imported from the port of Pervez and Sinjar via the said road, thus enhancing the economic imports at the level of the country or the governorate to benefit from covering the public expenditures and the establishment of service projects. The north of the first two points of the direction of the province of Arbil and the last north-east of Kirkuk towards the province of Sulaymaniyah, explaining that the port that was established is a square with the existence of administrative workrooms for representatives of the Ministry of Finance and the Central Bank and the General Authority for Customs and other concerned departments, pointing out that work will be on The budget law for customs tariff that all goods entering subject to deduction and tax, noting that the ratio is simple and specific by the government agencies. 
At the end of his statement, the deputy governor of Kirkuk said that the work began on Sunday, September 23, with the first tax deduction in the two points mentioned yesterday. The meeting was attended by the Director General of the Northern Customs and the Border Police. 
 
The first woman to run for the presidency of the Republic of Iraq speaks for RT
 
 
Published: 22.09.2018 | 21:37 GMT | Arab World News
 
I will announce my candidacy for the post of President of the Republic on Sunday, in order to take the first step to break the base of quotas and the distribution of posts on the basis of my components," Abdul Wahid told RT in her first statement on the nomination.
I hope to be able to achieve my goal of reaching the first woman for this position."
Sarwa Abdel Wahid worked mainly in the field of journalism before entering politics and running with the "Change Block" headed by Nushirwan Mustafa.
Abdul Wahid is one of the most prominent politicians opposed to Barzani's rule in the Kurdistan Region of Iraq.
Abdul Wahid's brother is the young businessman Shahwar Abdul Wahid, who owns residential complexes in the Kurdistan Region of Iraq and heads the "New Generation" party, which won 4 parliamentary seats in the last legislative elections. He also owns the Nalia Media Foundation, including NRT and NRT In Arabic, which was closed months ago.
 
 
Kauaihn Iraq Articles:ddd

Barzani and Pompeo discuss the election of the president and the formation of the government

 
Editorial Date: 2018/9/23 12:19  88 times read
 
(Baghdad: al-Furat News) The head of the Kurdistan Regional Government, Nechirvan Barzani, with US Secretary of State, Mike Pompeo, during a telephone conversation, the political process in Iraq, and the election of the President of the Republic.
A statement by the provincial government that Barzani received on Saturday evening, a telephone call from Mike Pompeo, the Secretary of State of the United States of America and discussed "the latest developments in the political situation and the future of the political process in Iraq, and highlighted the process of electing the presidency of the Iraqi Council of Representatives and efforts to elect the presidency and the government New Iraq ". 
Barzani and Pompio stressed "the intensification of efforts to ensure the success and progress of the political process in Iraq, expressing the aspiration to be the next phase in Iraq a stage of political stability and security and the new government and authority to reflect the aspirations and rights of all components of Iraq," according to the statement. 
Pompeo pointed to "the importance of the active role and the Kurdistan region to participate in the Iraqi political process and the formation of the three presidencies of the country." 
The statement pointed out that "the circulation of issues of US relations with Iraq and the Kurdistan region and the latest developments in the arena in Iraq and the region in general, was the subject of talk in a telephone conversation between the US Secretary of State, the President of the Kurdistan Regional Government." 
It is noteworthy that the President of the Kurdistan Regional Government, Najirvan Barzani, held on Saturday evening, a series of meetings with leaders of the political parties in Baghdad, visited Najaf and met with the leader of the Sadrist movement, Moqtada al-Sadr and discussed with them the formation of the government and the election of the President of the Republic and the nomination of the Prime Minister.
 
 
Democratic: The presidency is not the monopoly of a particular party and the determination of the country to obtain it unjustified
 
 
01:45 - 23/09/2018
 
Baghdad - Mawazine News 
The Democratic Party of Kurdistan, on Sunday, that the presidency of the Republic of Iraq is not the monopoly of a particular party, pointing out that the insistence of the Patriotic Union of Kurdistan to obtain the post has no convincing justification. 
"It is known to all that the Kurdistan Democratic Party has always been keen to work together and unity and all his efforts were focused on achieving this," the party's political bureau said in a statement received by Mawazine News. 
As for the post of President of the Republic of Iraq, the office explained that "during our talks with the brothers in the Patriotic Union of Kurdistan, we said that the presidency of the Republic share and merit of the people of Kurdistan has never been a monopoly and the monarchy of a particular party," adding, "We told them at the last meeting of us and frankly that the post of President of the Republic was the Union The National in the past period, and we believe that this time for our party candidate for the post. " 
"We were told by the media that without reference to us in the Kurdistan Democratic Party and other Kurdish parties, and without paying attention to our demand, they nominated Barham Saleh to fill the position," he said, noting that " We are surprised then when we hear that the Union considers our delegation's visit to Baghdad an individual position. " 
The political bureau pointed out that "the insistence of the National Union to get the post has no convincing justification, and if they rely on the 2005 agreement between President Barzani and the late Mam Jalal, President Barzani is no longer the head of the region, and the position will not go to Mam Jalal" . 
He added that "the Patriotic Union of Kurdistan has long neglected the terms of the agreement of four points and the terms of the 2007 strategic agreement, and if the election is the standard it is known that the Kurdistan Democratic Party was the first winner, the first to get senior positions."
 
The party stressed, according to the statement, that his claim to the post of President of the Republic "is not a competition for positions, and the past attests to us that we did not ask for positions a day," noting that "our intention is to work with the help of everyone to have this position from now on the role and impact and greater Be a protector of the interests of Kurdistan and benefit our people, not to be a position has no role and no benefit from it. " 
He pointed out his keenness to "unite the ranks and work together, and call on brothers in the Patriotic Union of Kurdistan to return to continue to discuss what we discussed in our last meeting, and we hope that the statement issued on behalf of their political office, expressing the position of all the National Union. A43 

The Turkish ambassador confirms his country's commitment not to interfere in Iraq's internal affairs

 
Editorial date: 2018/9/23 12:51  71 times read
 
"The country respects the sovereignty and independence of Iraq and is committed to non-interference in its internal affairs," said Turkish Ambassador to Iraq Fatih Yildiz.
A statement by the Office of the First Deputy Speaker of the House of Representatives received the agency {Euphrates News} a copy of it, "Deputy Speaker of the Parliament Hassan al-Kaabi received at his office on Sunday the Turkish ambassador and discussed bilateral relations and ways to strengthen them in the interest of the two neighboring countries to discuss the regional situation and developments Facing the region ". 
Al-Kaabi explained that "the security and stability of the security situation in Iraq is in the interest of Turkey, but the region as a whole." He pointed out that "the distinguished relations and historical relations between Iraq and Turkey in the economic, cultural and social fields must be matched by strong political relations and fruitful on the basis of respect for the principles of good neighborliness." 
He called for "activating parliamentary friendship committees and activating treaties and related laws between the two sides." 
For his part, the Turkish ambassador stressed "his country's keenness to strengthen bilateral relations, especially with regard to the volume of economic exchange and contribute to the reconstruction of Iraq and open frameworks of close cooperation at all levels."

Mr. Al-Sadr Barzani: The need to be the next government patriarchal does not differentiate between the people

 
Release date: 2018/9/23 12:32  213 times read
 
The leader of the Sadrist movement, Mr. Muqtada al-Sadr, discussed with the head of the Kurdistan Regional Government, deputy head of the Kurdistan Democratic Party, Nechirvan Barzani, who arrived in Najaf this morning the political process and the need to expedite the formation of the government to carry out its tasks.
Mr. Sadr said during the meeting, according to a statement of his office received the agency {Euphrates News} a copy of it "the need to be the next government and national parents and not to differentiate between the components of the people of Iraq and to focus on meeting the aspirations of the people and the provision of services and improve the general conditions. 
It is noteworthy that the President of the Kurdistan Regional Government, Nechirvan Barzani, arrived on Saturday, to the capital Baghdad and held a series of meetings with leaders of political parties, and visited Najaf today and met with the leader of the Sadrist movement, Moqtada al-Sadr and discuss with them the formation of the government and the election of the President of the Republic and the nomination of the Prime Minister.

 
Iraqi Foreign Ministry condemns terrorist attack on Ahwaz
 
 
23/09/2018 Baghdad / Al-Ghad Press:

The Iraqi Foreign Ministry on Sunday condemned the terrorist attack on the Iranian city of Ahwaz.
 
"The ministry expresses its strong condemnation and condemnation of the terrorist attack on Ahwaz, which resulted in the deaths of a number of victims and wounded members of the security services," said Ahmed Mahjoub, a spokesman for the ministry. Iranian and civilians. "
 
We renew Iraq's firm stance on the rejection of violence regardless of the motives, the reasons and in any country, which would tamper with the security and stability of states," he said.
 
He added that the ministry expressed "its condolences to the families of the victims, to the government and the people of Iran, and its wishes for the speedy recovery of the wounded."
 
 
More than 501 billion dinars were awarded to Basra
 
 
23/9/2018 12:00 am
 
Basrah / Saad Al Sammak 
The Ministry of Finance announced that the amounts funded in the account of the province of Basra to implement the investment projects and the development of regions and petrodollars for the year 2018 amounted to more than 501 billion dinars, while called for the provincial council, the parliament to cancel the resolution 374, which stopped many service projects in Basra . 
The Inspector-General of the Ministry of Finance Maher Hussein al-Bayati, in a statement to the "morning", "The amounts funded have been deposited in the account of the province of Basra for investment projects and the development of regions and petrodollar for the year 2018, was within seven payments," noting that "the first batch amounted to more than The second batch was transferred to 30 billion dinars at the beginning of September this year, distributed to the petrochemical projects for the industrial sectors, transport, communications, buildings, land services, education and regional development program projects. 
"The third batch under the title of operating expenses was more than 107 billion dinars were transferred from petrodollar allocations to the province," he said, noting that "the fourth and fifth was about 3 billion dinars per batch dedicated to the study and design and implementation of a complete water project with a capacity of 100 m 3 per hour and lines Tanker and operating expenses of the Directorate of water Basra. 
The Inspector General, that "the sixth installment, which exceeded 9 billion dinars allocated in the transfer of operating expenses reserve emergency to the annual operational allocations for investment projects and the development of regions," stressing that "the seventh installment was up to 229 billion dinars, pointing out that the amount allocated under Law 50 Of the revenues of the border ports of the province within the budget law of 2018 and added to the service programs within the operating expenses for the implementation of work related to the water sector. On the other hand, demanded the Basra Provincial Council, the abolition of resolution 374, which stopped many service projects in the province. 
A member of the provincial council, Nazem Nimer, said in a press statement that "the visit of the Speaker of the House of Representatives Mohammed Halbusi during which the diagnosis of the imbalances and delays in the implementation of projects, especially in relation to the problems experienced by Basra, which needs to vote the parliament." 
He explained that the tiger, that "Basra needs its dues from the petrodollar and border crossings, in addition to the cancellation of resolution 374 unfair to the right, he said, where many of its projects, which requires the amendment of the law within the parliament, as well as the need for the project of the large FAO and breakwater. 
 
Without Waivers, US Sanctions on Iran Will Cripple Iraq
 
 
Sunday, September 23, 2018
 
I raqi officials, struggling to form a new government months after the May parliamentary elections, now have an even more pressing concern: persuading the Trump administration to waive sanctions that could deprive Iraq of 40% of its electricity.
 
Due to go into effect on Nov. 4, the sanctions will exclude from the US market foreign companies that buy Iranian oil, natural gas and petrochemicals.
 
Bound by a “take-or-pay” contract with Iran, Iraq must pay $3 million a year for Iranian natural gas regardless of whether it’s received, reads an article published in American website Axios. Below is the full text:
 
Why It Matters
 
For Iraq, which did $12 billion in trade with Iran last year, the impact would be particularly dire.
 
In addition to losing natural gas supplies that account for 6,000 megawatts of electricity, Iraq could face potentially huge penalties if its neighbor takes it to arbitration for violating this contract.
 
Just a month ago, the second-largest city in Iraq, Basra, exploded in riots in part because of electrical blackouts. Just imagine how much violence and disruption could occur if those blackouts were nationwide.
 
In addition to a natural gas waiver, Iraq is seeking an exemption to continue importing spare auto parts for the operators of 70,000 Iranian-produced taxis, as well as for ordinary drivers who own an additional 200,000 cars of Iranian origin.
 
Baghdad wants to preserve the lucrative religious tourism that brought more than 2.5 million Iranians to the pilgrimage cities of Najaf and Karbala last year, an industry that could also be threatened by the sanctions.
 
Last but not least, Iraq would need to find a way to carry out financial transactions with Iran that bypass the US dollar and other western currencies.
 
It remains uncertain whether the Trump administration will grant Iraq waivers to shore up the stability of a country that has seen precious little for decades, and which has just beaten back a devastatingly destructive insurgency led by the self-styled Islamic State terrorist group.
 
  What to Watch
 
Trump’s decision might rest on whether Iraq chooses a prime minister acceptable to Washington or someone similar to the current one, Haider al-Abadi, who is considered too close to Tehran.
 
If the former, the Trump administration might be willing to give Iraq more time to wind down its business with Iran and acquire the infrastructure needed to use its own natural gas for electricity.
 
 
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Nigeria: Polaris Bank Takes Over as Skye Bank's Licence Is Revoked
AllAfrica
The Central Bank of Nigeria (CBN) yesterday revoked the operating licence of Skye Bank Plc exactly 27 months after its intervened in the ailing bank. However, in order to avoid a run on the bank, the CBN in consultation with the Nigeria Deposit Insurance Corporation (NDIC) have immediately established and licenced Polaris Bank, to assume all assets and liabilities of the defunct Skye Bank. In addition, a total of N786 billion has been injected into the new bank. The CBN and the NDIC disclosed Read the full story

We looked at 50 popular credit cards—here's our No. 1 pick if you love going out to eat
CNBC
Top cards reward restaurant spending with 4 to 5 percent cash back. CNBC names the best deal overall. Read the full story


TREASURIES/BONDS/STOCKS
Bracing For Closed-End Fund Distribution Cuts
TheStreet
As interest rates rise, pressure increases on closed-end funds. Investors in closed-end funds should brace themselves for distribution cuts in the months ahead as the Federal Reserve forges ahead additional interest rate hikes, a top industry executive says. The Fed is increasingly expected to raise rates by the end of this month and again in December. And as rates rise, many closed-end funds, especially those focused on muni bonds and other fixed-income investments, will face growing pressure Read the full story

This strategist has the next move for this ‘buy-and-hold-no-matter-what’ stock market
MarketWatch
Equities keep confounding the naysayers and overturning any negative headlines, a telltale sign of an aging “aging bull market.” Read the full story

CRYPTO'S / DIGITAL CURRENCY
XRP surges 75%, overtakes Ether as world’s second-biggest digital currency
MarketWatch
The cryptocurrency that runs of the Ripple protocol surges by as much as 75% Friday, regaining second spot from Ether on the list of largest digital currencies. Read the full story

Why Ripple is now world's 2nd-most valuable cryptocurrency
Fox News
For months, Ripple executives have been teasing the launch of a platform that would allow banks and other institutions to speed up international transactions. Read the full story

5 Things Everyone Should Know About Crypto Security And Protecting Your Investments
Forbes Magazine
Thefts from Bitcoin exchanges are so commonplace that it seems as if we are constantly waiting for the next shoe to drop. These increasingly common occurrences are leading many people to wonder whether or not investing in crypto is inherently unsafe. The answer is no, but with a few qualifiers. Read the full story

Tether's Impact on Bitcoin Price Not 'Statistically Significant,' Study Finds
CoinDesk
Issuance of tether (USDT), the controversial stablecoin, has had no meaningful impact on the price of bitcoin, a newly published academic study found. Read the full story

$6,700: Bitcoin Price Charts Bullish Reversal as Altcoins Surge
CoinDesk
BTC has bounced back into bullish territory over $6,700 amid increased investor interest in altcoins. Read the full story

CURRENCIES
Forex - Dollar Higher as Sterling Slumps on Brexit Woes
Investing.com
© Reuters. The dollar rose against its rivals on Friday. Read the full story

Forex - U.S. Dollar Rallies; Sterling Slumps on Brexit Worries
Investing.com
© Reuters. The U.S. dollar rallied on Friday. Read the full story

Dollar bounces higher, but poised for worst week in a month
MarketWatch
The U.S. dollar strengthens against its main rivals early Friday in New York, though the currency was still looking at an almost 1% weekly loss, while the British pound pulls back from its highs amid souring sentiment around Brexit negotiations. Read the full story

The pound is tanking as May speech deepens Brexit crisis
Business Insider
The pound has dropped sharply on Friday afternoonafter British Prime Minister Theresa May used a speech to say that the UK and EU have reached an impasse in Brexit negotiations and accuse the European Union of a lack of respect during recent talks. "I will note overturn the result of the referendum, nor will I break up my country," May said in a speech at Number 10 Downing Street. As May's speech ended at around 2.10 p.m. BST (9.10 a.m. ET), the pound was down 1.4% against the dollar and around Read the full story

Forex- U.S. Dollar Inches Forward as Yen Falls
Investing.com
The dollar continues to edge forward. Read the full story

Hong Kong dollar posts biggest increase against US dollar in 15 years, after China introduces plan to sell bills in city
South China Morning Post
Friday, 21 September 2018, 7:52:PM The Hong Kong dollar on Friday posted its biggest gain against the US dollar since 2003, over concerns about tighter liquidity in the city, after the People’s Bank of China announced it would issue bills in the city. Late on Thursday, the PBOC, China’s central bank, and the Hong Kong Monetary Authority, the city’s de facto central bank, signed an agreement for using Hong Kong to issue yuan-denominated bills in the offshore market. Hong Kong dollar trapped in Read the full story


INSURANCE / HEALTH / SCIENCE
7 Natural Ways To Prevent The Flu That Actually Work
Bustle
With flu season just around the corner, you'll want to do everything you can to avoid contracting a virus. In addition to getting the flu shot, there are also a number of ways to prevent the flu naturally. This includes everything from switching up… Read the full story

Don't fall into these Medicare traps – they could cost you thousands
CNBC
Many people tend to underestimate the complexity of Medicare, assuming it will be similar to workplace-based health insurance. Read the full story

Spending on insurance plans has increased nearly 50% in the last 10 years, as healthcare costs in the US continue to skyrocket
Business Insider
The US total healthcare spending has increased, and the trend is expected to continue. A new study showed that spending on health services for those with employer-sponsored insurance plans increased by 44% over the past decade. Brand-name prescriptions, emergency department visits, and outpatient surgery were the categories that accounted for the greatest proportion of spending increases. The US is spending more on healthcare than ever before. A new study published in Health Affairs on Wednesday Read the full story

Takeda lung cancer drug gets European panel nod
Business Insider
Takeda Pharmaceutical Co's logo is seen at its new headquarters in Tokyo Thomson Reuters Takeda Pharmaceutical Co's lung cancer drug received the recommendation of a European Union panel on Friday, more than a year after it won regulatory approval to be sold in the United States. The European Medicines Agency's Committee for Medicinal Products for Human Use, recommended granting Japan-based Takeda's Alunbrig, or brigatinib, a marketing authorization. The panel's recommendations are generally Read the full story

I Took CBD Oil For the First Time, and It Had 3 Surprising Effects on My Body
POPSUGAR
As a millennial woman living in New York City, I often find myself getting pulled in a million directions, whether it be chasing a career, trying to maintain some sort of social life, and making sure that I look and feel my best. I love my lifestyle, but I've learned the hard way that I'm not invinc ... Read the full story

Why you should "never" sleep with contact lenses on
CBS News
Health experts are urging the estimated 45 million Americans who wear contact lenses to change their habits. The CDC says sleeping in contacts can increase the risk of an eye infection by six to eight times. Dr. Christopher Starr, an ophthalmologist at Weill Cornell Medical Center, joins "CBS This Morning" to offer practical tips. Read the full story

The Lymphatic System: What It Does — And How To Keep Yours Healthy
mindbodygreen
Is your lymphatic system healthy? Read the full story

USA / CANADA
New U.S. tax law could create underpayment headaches for retirees
Reuters
The U.S. Internal Revenue Service hoisted a big red-flag warning to retirees earlier this month: take a look at how much income tax you are paying throughout 2018, because the amount could need an adjustment in the wake of the new federal tax law. Read the full story

The Federal Reserve Could Raise Rates Again Next Week -- Here's What You Need to Know
The Motley Fool
Here's what could happen and what it could mean to you. Read the full story
Canadian companies are losing ground to China in the developing world, Trudeau's UN ambassador says
CBC News
Justin Trudeau is preparing a pitch to Canada's private sector, to be delivered at the United Nations General Assembly Monday — invest in the developing world as a way to build Canada's brand at home and abroad. Read the full story


EMERGING MARKETS
Opinion: This outperforming fund manager is ‘massively overweight’ emerging-markets stocks
MarketWatch
Alex Umansky of the Baron Global Advantage Fund says growth in China and Brazil still trumps that of the U.S. Read the full story

U.S. 'very close' to proceeding with Mexico-only trade deal: Trump adviser
Reuters
The United States is getting "very, very close" to having to move forward on its trade deal with Mexico without Canada, White House economic adviser Kevin Hassett said on Friday. Read the full story

Emerging markets can still drive global growth
McKinsey Insights
Emerging economies with strong macroeconomic fundamentals and a stable of competitive companies, remain the world’s likeliest source of long-term growth, writes Kevin Sneader in Financial Times. Financial markets are again having jitters about economic turbulence in some emerging markets, notably Argentina— and fretting about contagion. Such fears are understandable, given painful precedents, but they risk confusing short-term volatility with a long-term trajectory of powerful growth. New Read the full story

How tariffs can stir emerging markets
The Telegraph
Tariffs are seldom seen as investors’ friends. Distortions to global markets come at a cost. By levying duties on imports, governments disrupt the global supply chains that businesses rely on. Read the full story

As US stocks soar, emerging markets plunge: A Foolish Take
USA TODAY
What's happening in emerging markets could cause trouble even for the U.S. stock market if the problems those nations face aren't solved quickly. Read the full story

Puerto Rico's grim prognosis: The island may never recover
CBS News
A year after Hurricane Maria devastated Puerto Rico, the island's economy is still shrinking Read the full story

MIDDLE EAST
Gaza officials say Palestinian killed at border protest
ABC News
Gaza's Health Ministry says a Palestinian was killed and dozens injured by Israeli fire at a border protest Read the full story

Major powers, except U.S., try to keep Iran nuclear deal alive
Reuters
Nations that struck the 2015 Iran nuclear deal, except for the United States, meet on Monday in what many diplomats fear may prove a quixotic effort to keep the agreement alive after U.S. sanctions targeting Iranian oil exports resume in November. Read the full story

Is Saudi Arabia abusing its authority as the custodian of Mecca?
TRT World
Is Saudi Arabia abusing its authority as the custodian of Mecca? Read the full story

Saudi Arabia faces a tightrope walk between Trump and fellow oil producers at OPEC meeting
CNBC
Trump wants OPEC to raise oil output to tame prices, but top exporter Saudi Arabia will be wary of upsetting its allies with a production hike. Read the full story

Russia's Lavrov says U.S. is threat to Syria's territorial integrity: Interfax
Reuters
Russia's foreign minister Sergei Lavrov said on Friday that the United States' control over the eastern bank of the Euphrates river posed the main threat to Syria's territorial integrity, Interfax news agency reported. Read the full story

Iran's Rouhani: Donald Trump will fail just like Saddam Hussein
Aljazeera
Donald Trump will fail in his confrontation with Iran just like Saddam Hussein, Iran's President Hassan Rouhani said. The Iranian leader, referring to the 1980-88 war between the two Middle Eastern powers, also vowed that Tehran will not abandon its missiles despite US pressure. "The same will happen to Trump. America will suffer the same fate as Saddam Hussein," Rouhani said on Saturday in a speech carried live by state television marking the start of the Iran-Iraq war. "Iran will not abandon Read the full story

AFRICA
Zimbabwe: U.S. Dollar Remains Popular - Survey
AllAfrica
The majority of Zimbabweans would be happy to adopt the United States dollar or the Zimbabwe dollar as the sole currency and are adverse to the use of bond notes, according to a recent public opinion survey released by Afrobarometer yesterday. Currency reform has been a contentious issue since the Government adopted the multi-currency system in 2009. The continued use of the bond notes is being viewed as adversely affecting the gains of economic recovery in the new dispensation given the Read the full story

Zimbabwe's Mnangagwa says he won't overstay his welcome
CNN
Zimbabwe's Emmerson Mnangagwa tells Christiane Amanpour that he will not overstay his welcome as President and promised to make public the findings of an inquiry into the 1983 Matabeleland massacre. Read the full story
Zimbabwe: Envoy Hails Improved UK-Zimbabwe Ties
AllAfrica
Outgoing British Ambassador to Zimbabwe Catriona Laing has commended improved ties between her country and Zimbabwe following two decades of strained relations that followed the implementation of the country's land reform programme. Ambassador Laing said this after paying a courtesy call on Vice President Constantino Chiwenga to bid him farewell. "The UK and Zimbabwe relationship is in a much sounder footing now, we have a complicated history. We have had our ups and downs in our relationship Read the full story

Zimbabwe: Govt Disburses U.S.$20 Million for Fuel Imports
AllAfrica
GOVERNMENT has disbursed $20 million towards the importation of fuel as it moves to ease the supply gap across the country, which has seen some towns suffering temporary shortages resulting in queues at filling stations. Fuel queues have been observed in the past few weeks. Energy and Power Development Minister Dr Joram Gumbo said there was no need to panic as fuel dealers were already transporting the product into the country, with the supply situation expected to normalise soon. "We have got Read the full story

Raw sewage in streets: Cholera is Zimbabwe's latest crisis
My San Antonio
HARARE, Zimbabwe (AP) — Raw sewage flows freely in some streets of Zimbabwe's capital, posing a deadly challenge to the recently elected president who has promised the troubled country a new dawn. Read the full story

South Africa: Ramaphosa Off to UN in New York in First Visit as SA President
AllAfrica
President Cyril Ramaphosa will join a number of world leaders in New York in the US as he leads a delegation on a working visit to the city for the 73rd session of the United Nations General Assembly (UNGA). "This marks President Ramaphosa's inaugural participation in UNGA as head of state and government. [He] will participate in the annual general debate which is the occasion for world leaders to gather at UN headquarters to discuss global issues," his spokesperson, Khusela Diko, said in a Read the full story

More details on South Africa’s new visa rules revealed
FurtherAfrica
South Africa’s cabinet decided to loosen visa rules and scrap a controversial travel requirement for children as it seeks to attract more investment and tourists, according to two people familiar with the matter. Read the full story

ASIA
China cancels trade talks with U.S. as new Trump tariffs loom
The Washington Post
Officials reportedly had planned to send a high-ranking official and a delegation to Washington. Read the full story

China says U.S. has 'no right' to interfere in Russia military cooperation
Reuters
China's decision to buy fighter jets and missile systems from Russia is a normal act of cooperation between sovereign countries and the United States has "no right to interfere", defense ministry spokesman Wu Qian said on Saturday. Read the full story



EUROPE
Theresa May demands 'respect' from EU after Brexit humiliation
CNN
UK Prime Minister Theresa May said Friday that negotiations with the European Union over Brexit were "at an impasse" after a disastrous summit at which her plan for Brexit was largely rejected. Read the full story

EU ratchets up pressure on Swiss to clinch new treaty
Reuters
The European Union heaped more pressure on Switzerland to clinch a new bilateral treaty cementing ties, threatening to cut off cross-border stock trading by year's end if no deal emerges. Read the full story

Britain tells EU to engage seriously on Brexit, EU demurs
Reuters
Britain said on Saturday it would not capitulate in Brexit talks and again urged its EU partners to engage with its proposals, as ministers in Paris and Berlin suggested the next move in the negotiations should come from London. Read the full story
d
CBI, ISX, Kauaihn Chatter:
 
CBI Update:
 
 
The CBI for Sunday 9/23/18 did update on the indicative rates Sell Rate 1190
The currency auction is 213,065,770
There are no news and announcements.
ISX Update:
Value Traded
847,910,792
 
Shares Traded
453,802,822
 
ISX ended in Red
 
Kauaihn Chatter:dd
 
http://www.dinarguru.com/
 
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...
9-22-2018  Newshound Guru Don961 ...not much news of significance being reported ... yet ... does not mean that nothing is going on beyond the articles ... standing by ...  imo 

9-22-2018   Newshound Guru Currency365
   Kurdish forces agree on Barham Saleh as the only candidate for the president...Source of the Dawa Party: a clear nomination for Abadi as prime minister for a second term...USA pulling strings again lol and will continue until there is a break in the system.

9-22-2018   Newshound/Intel Guru Mnt Goat   The news these last couple days is short. Right now Iraq is at a standstill again in trying to find prime minister candidates. This is the hold up right now. They have not yet set a date for the next parliament meeting to elect the next president and prime minister. We wait for news.

9-22-2018   Intel Guru Footforward   The political situation in Iraq...I couldn't care less who wins.  I don't feel it has any bearing on when the RV happens...It doesn't matter who's in power in Iraq for this to happen...the government of Iraq is not in control of this...they haven't been since day one.  When Iran's nuclear sites get hit...that's when the RV will happen... within days of that happening.  I know this [the RV] is going to happen.

9-22-2018   Newshound Guru Bloodloch   Regardless of what government is formed and who fills the particular leadership roles, so long as it is stable, the CBI should be good to proceed forward On another front, a recent post attributed to [Guru] "Walkingstick" reads:  "The lower denomination/s and or coin/s will be not put into circulation, arbitrarily... Prior, to the release ...of any, bank note/s and or coin/s into circulation... Iraqis/ we will, read of ... it will be in print ... The when, why, exchange -rate, description/s, photos of...etc: This makes perfect sense -- that they will lay their cards on the table openly just prior to releasing the new lower denominations -- in order for the project to remove the zeros to proceed forward.  Without those explanations and examples, it could easily be very confusing to the citizens of Iraq. With the explanations and examples, it will be quite easily understood. In any case and barring unforeseen circumstances, various public statements from the CBI lead me to believe we'll all have our answers to our years-long questions before the Autumn is out...Trying very hard to walk a tightrope here, to say without saying...
 
9-22-2018   Newshound Guru Currency365   Kurdish forces agree on Barham Saleh as the only candidate for the president...Source of the Dawa Party: a clear nomination for Abadi as prime minister for a second term...USA pulling strings again lol and will continue until there is a break in the system.

9-22-2018   Newshound/Intel Guru Mnt Goat
   The news these last couple days is short. Right now Iraq is at a standstill again in trying to find prime minister candidates. This is the hold up right now. They have not yet set a date for the next parliament meeting to elect the next president and prime minister. We wait for news.

9-22-2018   Intel Guru Footforward   The political situation in Iraq...I couldn't care less who wins.  I don't feel it has any bearing on when the RV happens...It doesn't matter who's in power in Iraq for this to happen...the government of Iraq is not in control of this...they haven't been since day one.  When Iran's nuclear sites get hit...that's when the RV will happen... within days of that happening.  I know this [the RV] is going to happen.
Elmer:
 
Not in today
 
Artmeister:
 
Not in today
 
Catnip:
 

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

Prime Minister Dr. Haider Abadi receives the President of the Kurdistan Regional Government Mr. Nigervan Barzani

Prime Minister Dr. Haider al-Abadi received in his office Saturday the head of the Kurdistan Regional Government, Mr. Nigervan Barzani.

During the meeting, they discussed the formation of the government and the importance of moving ahead with the completion of the constitutional steps through the selection of the President of the Republic and the appointment of the candidate of the largest bloc and stressing that the next government will follow the aspirations of citizens in construction and reconstruction, security, stability and job opportunities.

The joint files between the governments of the Center and the region were also discussed and the continuity of communication in the interests of the country was emphasized.

The meeting witnessed the convergence of views regarding the formation of the government and the face of the challenges ahead and maintain what was achieved after the Peshmerga fought with the federal forces and achieve victory over the gangs of terror.
Prime Minister 's Media Office
22 September-2018

*************
ARTICLE 2

Tweet posted on Government of Iraq twitter account:
  1.  9-22-2018 around 9:15 am Eastern
    PM @HaiderAlAbadi: When this @IraqiGovt came to office, we pledged to the Iraqi people that we will safeguard our country’s independence, and that we will do so without sectarian, ethnic, regional or partisan bias. We fulfilled this pledge.

*************
ARTICLE 3

Maliki and Barzani discuss the names nominated for the presidency of the Republic
2018/9/22 21:16
[Ayna-Baghdad]
The Vice-President of the Republic Nuri Kamal al-Maliki in his official office this evening with the President of the Kurdistan Regional Government, Nechirvan Barzani, the future of the political process and ongoing dialogues between the national forces to form the next government, also addressed the issue of names to take up the post of President of the Republic.
Maliki stressed during the meeting, according to a statement of his office received the agency of all Iraq [where] a copy of it "the need for concerted efforts between political forces to accelerate the formation of a strong government capable of achieving political stability and the level of services and achieve the ambition of the Iraqi people."

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

Hakim to Najafan Barzani: the need to resolve candidates for the presidency of the Republic and not to exceed the constitutional times
2018/9/22 19:39
[Ayna-Baghdad]
Stressed the head of the National Alliance Ammar al-Hakim, the head of the Kurdistan Regional Government, Nizrvan Barzani, the need to resolve candidates for the presidency and not to exceed the constitutional time.
"Hakim discussed during his meeting in his office in Baghdad, Saturday evening, the delegation of the Kurdistan Democratic Party headed by Nechervan Barzani, the latest developments in the political situation and the file of completing the constitutional entitlements of the election of the President of the Republic and the nomination of the candidate bloc The most representative of the government. "
Hakim stressed during the meeting, "the importance of strengthening the relationship with the Kurdistan region and evoke the national interest," noting that "all previous experiences proved the need for everyone for all," stressing the importance of resolving candidates for the post of President of the Republic and not to exceed the constitutional and legal times related to it.
He stressed "the need to form a strong government able to assume responsibilities and achieve the aspirations of the Iraqi people and provide services."

*************
ARTICLE 5

Fayyad and Barzani stress the importance of respecting the constitutional timing of forming a government
2018/9/22 23:53 • 26 times read
[Ayna-Baghdad]
The leader of the construction coalition, Faleh al-Fayadh and Kurdistan Regional Government President Nechirvan Barzani stressed the importance of respecting the constitutional time to form a government.
"Fayyad discussed during his meeting in his office in Baghdad Saturday evening, Nigervan Barazani and the accompanying delegation, the political developments in the country," a statement issued by Fayyad's office said.
The two sides stressed the importance of respecting the constitutional time to form a national government and speeding up the naming of presidents and ministers.
Fayyad stressed during the meeting on "the need to resolve all outstanding issues by adopting the Constitution, and investing the positive atmosphere, and the spirit of confidence among the national forces."
Nijervan Barzani arrived in Baghdad on Saturday for a surprise visit and held separate meetings with senior Iraqi officials.

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