Sunday, September 30, 2018

WOTS Sunday 9/30/18

WOTS Sunday 9/30/18





WOTS Sunday 9/30/18:
 
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Forex opens Sunday afternoon.
 
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DC NY Iraq Articles:dd
 
Abadi offers a proposal to the Barzani party on the largest bloc and the last is returned
 
 
Updated 30/09/2018 1:07 pm
 
(Watan News) - Follow-up

A newspaper revealed the Gulf, what took place during the meeting, which brought together Prime Minister Haider Abadi and the candidate of the Democratic Party of Kurdistan for President Fuad Hussein .

The newspaper quoted a political source as saying that "Prime Minister Haider Abadi discussed with Fuad Hussein and the delegation of the Kurdistan Democratic Party, many issues related to the formation of the new government," noting that "a proposal was submitted to the Democratic Party to join the Alliance of Reform and Reconstruction, which will form a parliamentary majority "He said.

The source, who asked not to be named, said that "the Democratic Party stipulated the vote for his candidate Fuad Hussein in Tuesday's session, in return for supporting the candidate of the parliamentary bloc for prime minister," adding that "things will be seen more in the parliament session scheduled for the second of next month ."

This and discussed the Prime Minister Haider Abadi, on Saturday, with the candidate of the Democratic Party of Kurdistan for President Fuad Hussein, the issue of voting on the post. Finished 5 d
 
 
Al-Abbadi Advisor: The partnership of the financial sector creates an economic renaissance
 
 
September 30, 2018

Baghdad - Journal News
"The banking sector is in the process of turning towards real banking services and providing credit (loans) with the safety of banking services," said the financial advisor to the prime minister.
 
Saleh added in a press statement that "the evolution of payments enhances economic activity and creates stability in the overall operations, especially as the banking industry in part began to develop to benefit the customers through the settlement of salaries."
 
Saleh praised the "partnership between Rafidain Bank and KI, where the first represents the public sector and the second and the mixed sector, and what is important here are the results, and we can point to the positive results of such a national partnership that strengthens the money market with new products that harmonize and the need of the family economy and move to a better stage by adopting advanced technology National economy ".
 
"The partnership between the public and private sectors around the world has proved its existence after it achieved positive results for all concerned parties, institutions and beneficiaries, especially after the adoption of advanced technology that saved time and effort.
"He said. The partnership between the Rafidain Bank and the smart card company "Key Card" to change the reality of payments in Iraq for more than a segment within the Iraqi society, and in front of the segment of retirees, who reached 4 million beneficiaries, all of them are facing great challenges in obtaining their financial benefits.
 
He explained that "the developments in the provision of services and the provision of guarantees and streamlined performance lead to enter the category of traders to our family and the monthly trade enrollment rate is estimated at 150 traders per month, and the numbers are increasing to benefit from the services provided to traders who have movements Financial and continuous amounts of large and need mechanisms of flexible, fast and secure. " The number of electronic card holders of 7 million beneficiaries.

Mr. Ammar al-Hakim stresses the need to resolve the Kurds to the candidate of the presidency of the Republic

 
Release date: 2018/9/30 12:42  39 times scheduled
 
(Baghdad: Al-Furat News) The head of the National Alliance, Mr. Ammar al-Hakim, on the need to resolve the Kurds to the presidential candidate. 
A statement from his office received the agency {Euphrates News} a copy of it that Mr. Ammar al-Hakim received the Ambassador of the French Republic in Baghdad (Bruno Obert) and renewed during the meeting, "his vision on the importance of openness of Iraq to the countries of the region and the world and to build balanced relations based on common interests, Strengthening bilateral relations between Iraq and France ". 
The two sides reviewed "developments of the political scene locally and regionally." 
Mr. Ammar al-Hakim stressed "the importance of the post of President of the Republic and the need to resolve the candidate by the Kurdish political forces to complete the constitutional entitlements and the formation of the government, which we stress that it must be a strong government able to promote the service and development in the country."
 
 
Baghdad hosts the 20th International Conference on Arab Tourism and Umrah
 
 
2018/09/30
 
BAGHDAD, September 30 (KUNA) - The 20th International Conference on Arab Tourism and Umrah will be held in Baghdad for two days, with the participation of more than 60 Arab and Iraqi companies.

The work of the forum, which was launched on Saturday, to continue this Sunday, and the Chairman of the Supreme Commission for Hajj and Umrah in Iraq, Sheikh Khaled Al-Attiyah in his speech at the opening of the forum, which was held on the ground of the Baghdad International Fair, 'Iraq has witnessed in the past 15 years that followed The elimination of the former regime of Saddam, a remarkable positive development in the seasons of Hajj and Umrah in terms of the large numbers that enabled the performance of Hajj and Umrah compared to what it was before, and the good organization, and the quality of services provided to the masses of pilgrims and Umrah Iraqis. 
"We are looking forward to holding these conferences and seminars in Iraq for their importance in opening the marketing of Umrah programs for Iraqi pilgrims who wish to perform this duty," Sheikh Al Attiyah said. 
The head of the Supreme Commission for Hajj and Umrah, 'Umrah is an outlet and an outlet for those who do not succeed to perform the rituals of Hajj, and thus the Iraqi market in this area promising and large, and deserves all attention by the Authority and the companies concerned'. 
He stressed that "the Authority supports and supports the Umrah companies in its work to provide the best services for Iraqi pilgrims, and will not spare them any effort or assistance, and hopes all comply with all regulations and instructions issued by the competent authorities." 
The opening of the forum was attended by Secretary General of the Council of Ministers Mahdi Al-Alaq, Chairman of the Baghdad Provincial Council Riyad Al-Adadh, and a large number of directors of companies and their representatives from various countries in addition to Iraq. 
During the past years, Iraq witnessed a great growth and recovery in the tourism sector, especially religious tourism, where a huge number of visitors from various countries, particularly the Islamic Republic of Iran, are visiting the holy shrines in Najaf, Karbala, Kadhimiya, Samarra and elsewhere. Many Iraqis a year to perform the rituals of Hajj and Umrah, and to visit the holy shrines in the cities of Mashhad, Qom and Tehran in the Islamic Republic of Iran, as well as the holy shrines in Syria and Lebanon. 
The tourism movement provided many jobs and expanded service facilities such as hotels, restaurants, transport and markets in the holy religious cities. 
Finished

 
Washington warns its citizens to travel to Iraq
 
 
2018/09/30
 
The US State Department has warned its citizens not to travel to Iraq, a move that comes just hours after the US consulate in Basra closed down against Iranian threats.
 
A US State Department statement said US citizens in Iraq are highly vulnerable to violence and kidnapping, warning that their ability to provide routine and emergency services to US citizens in Iraq is very limited.
 
The Iraqi Foreign Ministry, for its part, expressed its regret over the decision of the US Secretary of State to withdraw the staff of the US consulate in Basra and warn Americans to travel to Iraq.
 
The official spokesman for the Iraqi Foreign Ministry said that Iraq regrets the US decision, stressing that Iraq is committed to protect foreign diplomatic missions residing on its territory and secure. 
The spokesman added that the Iraqi government is determined to face any threats aimed at diplomatic missions or any foreign visitor, considering their security as part of the security of Iraq.
 

Reform: We will resolve the presidency in our own way in case of non-agreement of the Kurds
 
 
2018/09/30 00:04 255 Editor: 
Baghdad today - Baghdad
 
Revealed the Alliance of Reform and Reconstruction, on how to decide the file of the selection of one of the candidates for the presidency of the Republic of Iraq.
 
The Alliance leader Ali al-Sunaid, in an interview with (Baghdad today), "The Alliance of reform and reconstruction put several calibrations to choose the new president, and to this moment did not specify his position on any candidate."
 
Al-Sunaid added that "the coalition of reform to this moment is waiting to unite the Kurdish ranks and to present one candidate, and if the arrival of the Kurds more than one candidate, will depend on the criteria that were developed by the political forces that belong to it."
 
He pointed out that "the Alliance of Reform and Reconstruction will have an important meeting on the morning of the session of the election of the new president, scheduled for next Tuesday, 2/10/2018."
 
The Kurdistan Democratic Party led by Massoud Barzani, announced on September 23, 2018, the nomination of Fouad Hussein for the presidency of the Republic, to compete with the National Union candidate Barham Saleh to the post allocated to the Kurds, according to the political tradition in the country, in addition to 29 others nominated for the position, Only 7 of them compete.
 
 
Start cutting off the external roads in Kurdistan in preparation for the parliamentary elections tomorrow morning
 
 
2018/09/29 23:34 121 Editor: hr
 
Baghdad today - Sulaymaniyah
 
A security source said Saturday (September 29, 2018) that the security forces in the Kurdistan region, began cutting off the external roads between the provinces, and roads linking the region with the rest of Iraq's cities.
 
The source said in an interview with (Baghdad today), "The closure of roads began in the provinces of Kurdistan, where the closure of roads linking the region and other provinces while continuing movement within the centers of the provinces."
 
He added that "there is no internal ban and there is no stopping the movement of airports," referring to "the closure of land borders with Iran only."
 
On Saturday (September 29, 2018), Erbil police chief Abd al-Khaliq Talaat announced that traffic and movement between the governorates of Kurdistan will stop for eleven hours tomorrow, from 7:00 am until the end of the voting date in the Kurdish parliament elections at 6 pm .
 
"During the general voting period for the fifth session of the Kurdistan Parliament, the movement and movement between the four governorates of the region will stop and between them and the rest of Iraq," Talaat said in a press statement.
 
Talat explained that "the traffic and movement between the provinces will stop from seven o'clock tomorrow morning, Sunday, September 30, 2018, until 6 pm the same day."
 
Kauaihn Iraq Articles:dd
 
 
United Nations commends the calm atmosphere of the elections in Kurdistan
 
 
30/09/2018  The United Nations says it has observed a strong participation in the elections of the Kurdistan Regional Parliament (Photo: Kurdistan 24)
 
Arbil (Kurdistan 24) - The United Nations praised the quiet atmosphere of the first parliamentary elections conducted by the province after the referendum on independence, and said it had detected "strong participation."
 
The polling stations received on Sunday morning voters to elect a new parliament tasked with forming a new government and to decide on political differences in the semi-autonomous region.
 
Polling stations opened at 8 am local time (0500 GMT) and doors are scheduled to close at 6:00 pm (15:00 GMT).
 
The head of the UN mission to Iraq, Jan Kubic, told a news conference in Arbil that he had observed "strong participation" in the elections.
 
These elections are important as the first after the Kurds' referendum on independence on September 25, 2017, and the defeat of an oppressive organization
 
 
Kubic: The choice of the President of the Republic will be decided within the House of Representatives
 
 
30-09-2018 12:17 PM
 
The Euphrates -
 

The Special Representative of the Secretary-General of the United Nations in Iraq, Jan Kubic, said that the issue of choosing the President of the Republic is in the hands of the Iraqis.
 
The Special Representative of the Secretary-General of the United Nations in Iraq, Jan Kubic said in a press conference during his visit to the polling stations in the city of Arbil that the subject of choosing the new president is the option of Iraqis alone, and we know that the Kurds have several candidates for the presidency and that this issue will be resolved within the House of Representatives He added that the United Nations has many observers in all the cities of the Kurdistan Region.
 
"We are supporting the new government in Kurdistan to meet the demands of the citizens, confront the corruption and end the financial crisis and any government formed that must serve the citizens. We support the decision of the people of Kurdistan to choose their representatives."
 
He called on all citizens in Kurdistan to participate actively in the elections of the parliament of Kurdistan.

Massoud Barzani asts his vote and calls for cooperation

 
Release date: 2018/9/30 9:38  84 times read
 
(Baghdad: Al Furat News) The head of the Kurdistan Democratic Party, Massoud Barzani, on Sunday, to participate in the parliamentary elections in the Kurdistan region, noting that "the people is the weight of each party and we have to cooperate together to serve Kurdistan."
Barzani said after voting in the legislative elections during a statement to a number of media, "I call to participate in the vote freely to choose representatives of the people, the electoral process is evidence of the progress of the people of Kurdistan to exercise their right peacefully." 
He added: "I wish success to all parties, which means the end of the success of all the people of Kurdistan." 
"My message is that we are all brothers and we have to work together," he said. 
He stressed that "the people is the weight of each party but this does not deny the need for each other and the result is that we will all be in the service of the Kurds and Kurdistan." 
On Sunday, the process of voting for the parliamentary elections in the Kurdistan region to participate in legislative elections for the election of 111 deputies in parliament and is entitled to about 3 million citizens to participate in the ballot. 
In this election, 29 entities are contesting 111 seats in the Kurdistan Parliament, 11 of which are reserved for constituents and religious communities in the Kurdistan region.

Halabousi receives an official invitation to attend the next meeting of the Arab Parliament

 
30/09/2018 • 131 times read
 
(Baghdad: Al-Furat News) Speaker of the House of Representatives Mohamed Halbousi received a telephone call from Meshaal bin Fahm al-Salami, head of the Arab parliament.
A statement by the Office of the President of the House of Representatives received the agency {Euphrates News} a copy of it, "the Arab Parliament Speaker made at the beginning of the communication congratulations to President Halabousi his election as Speaker of the Iraqi Council of Representatives, stressing support of the Arab Parliament and its support to the Iraqi Council of Representatives in all fields. 
The statement added: "Al-Salami also sent an official invitation to President Halabousi; to participate in the next Arab Parliament, which will be hosted by Cairo, where he promised to meet the invitation."
 
Al-Asadi denies the link of the construction coalition in a call to support the nomination of Adel Abdul-Mahdi as prime minister
 
 
12:31 - 30/09/2018
 
Baghdad Mawazine News 
A spokesman for the construction coalition Ahmed al-Asadi, on Saturday, what was reported by media outlets for a statement to others and open and tender on the formation of the government included an appeal to support the nomination of Adel Abdul-Mahdi as prime minister, calling on the media to verify any data attributed to this or that.
 
"Al-Asadi said in a statement received by Mawazine News, a copy of it that" the websites and social networking sites transmitted a statement signed by the name of Al-Fath, Sultoun and Atta talking about the formation of the government and the Prime Minister and related matters, "categorically denying the issuance of this statement.
 
Al-Asadi stressed that "the parties are bent behind these writings to irrigate the unity of Iraqis and their success." 
He called on "the media and groups concerned with the industry of public opinion in the sites of communication to verify any data attributed to this or that before contributing to the dissemination of the arena is confusing and complex." 
is over
 
 
Washington holds Tehran responsible for the safety of its citizens in Iraq
 
 
2018/9/30
 
The Iraqi Foreign Ministry announced yesterday that Iraq is committed to protecting and securing foreign diplomatic missions residing in its territory.
 
In a press statement yesterday, the Iraqi Foreign Ministry expressed its regret over the US Secretary of State's decision to withdraw US consular staff in Basra and warn US citizens not to travel to Iraq.
 
"Iraq is committed to protecting foreign diplomatic missions residing in its territory and securing them," the ministry said. "The Iraqi government is determined to face any threats against diplomatic missions or any foreign visitor as their security is part of Iraq's security and legal and moral obligation." She explained that «the ministry calls on diplomatic missions to not pay attention to what is promoted to disturb the atmosphere of security and stability and abuse of Iraq's relations with the countries of the world».
 
The United States closed its consulate in Basra, which has seen bloody protests in southern Iraq, condemning "indirect fire" to Iranian-backed forces and blaming Tehran for any harm to the Americans.
 
On the other hand, the State Department issued a new warning to Americans not to travel to Iraq, and warned the ministry «American citizens of a high risk of violence and kidnappings».
 
"Many terrorist and insurgent groups are active in Iraq and frequently attack Iraqi security forces and civilians alike," he said.
 
In contrast, the Iranian Foreign Ministry described the US accusations against Iran of fueling violence in Basra as "surprising, provocative and irresponsible."
 
 
Abadi and Allawi review the talks to form a government and abide by constitutional terms
 
 
12:58 - 30/09/2018

Baghdad Mawazine News: 
Prime Minister Haider al-Abadi and Vice President Iyad Allawi, Saturday, must abide by constitutional terms, and while reviewing the talks to form a government, it stressed the importance of the program of the Cabinet of Ministers. 
A statement issued by the Council of Ministers received / Mawazin News / a copy of it that the Prime Minister Dr. Haider Abadi received Vice President Dr. Iyad Allawi. 
He pointed out that during the meeting were discussing the formation of the government and the commitment to constitutional terms and procedures. 
They also stressed the importance of "the next government and its government program represents the aspirations of the citizen and maintain the achievements achieved and move forward in the reconstruction of the country and the provision of services and employment opportunities."
 
Kauaihn Economic Times:
 
ECONOMIC TIMES / CHATTER

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GLOBAL/NEWS/INFO
Today in History
ABC News
Today in History Read the full story

How To Protect Your Credit And Assets When Marrying Someone With Debt
HuffPost
You spent your single days building a good credit rating, paying off your ... Read the full story

The top reason people start a side business may not be what you think
People start a business while working full-time for a lot of reasons, but mainly it's the money.

Bill Gates has a brilliant but simple strategy for success — flip your thinking like this
The Microsoft co-founder and multi-billionaire revealed the idea to Trevor Noah on "The Daily Show" Wednesday.

These are the highest-paying jobs in every state
All of these positions offer salaries of $230,000 or more.

This couple saved $600,000 in four years – and they want to teach you how to do it, too
CNBC
Earlier this year, the two 28-year-olds quit their six-figure jobs as engineers, purchased their van for around $8,800 and began travelling the United States. Read the full story



OIL/COMMODITIES/ENERGY
Gold in Longest Monthly Losing Streak in 21 Years After Fed Rate Hike
Investing.com
© Reuters. Gold is at its longest monthly losing streak in two decades. Read the full story

Gold Prices Inch Up as U.S. Dollar Rises
Investing.com
© Reuters. Gold inched up on Friday. Read the full story

Gold hits 6-week trough; set for longest monthly losing streak in 2 decades
Gold hit a fresh six-week low on Friday as the dollar firmed after upbeat U.S. economic data supported the Federal Reserve's resolve for steady interest rate hikes.

Gold 101: Digging for opportunity? Here's what to know
CNBC
Charles Larry Bates persuaded hundreds of people to hand over some $18 million, supposedly for gold and silver coins, using an apocalyptic appeal. He's now serving a 21-year federal prison for fraud. Read the full story

Here's why gold is slipping
MarketWatch
Gold futures prices drop Friday, leaving the metal languishing at six-week lows and headed for a roughly 1.7% loss for September. Read the full story

Oil Prices Continue to Rise on Supply Concerns
Investing.com
© Reuters. Oil was higher on Friday. Read the full story

Brent Oil Has Biggest 2018 Gain in September as Iran Sanctions Rattle Market
Investing.com
© Reuters. Worries about supply continue ahead of Iran oil sanctions. Read the full story

Oil prices settle at highest since July, up a second month in a row
MarketWatch
U.S. benchmark crude-oil prices marked their highest finish since July on Friday, posting a second consecutive monthly gain on signs of tighter global supplies, including reports that China is scaling back purchases of Iranian oil ahead of U.S. sanctions on Iran in early November. November West Texas Intermediate oil rose $1.13, or 1.6%, to settle at $73.25 a barrel on the New York Mercantile Exchange. For the week, the contract gained 3.5%, tacking on about 5.5% for the quarter, according to Read the full story

Bezant Resources “actively marketing” Mankayan copper-gold project to larger mining groups
Proactive Investors
Having taken a step back to review its business, Bezant Resources PLC (LON:BZT) says it now has a “clear focus” on how best to progress its portfolio of copper-gold assets. Mining veteran Colin Bird was drafted in as executive chairman back in March, shortly after Laurence Read had taken up the role of chief executive. READ: Bezant raises £800k to advance Mankayan project Having offloaded its Choco platinum and gold project in Colombia for £385,000 in April, the company’s main focus now is on Read the full story

Palladium Could Soon Be Worth More Than Gold
Barron's
Prices for the component in gas-powered cars have been on a tear, nearing the price of the yellow metal and leaving platinum in the dust Read the full story


BANKS/BANKING/CREDIT
Anniversary of Lehman’s collapse reminds us — booms are often followed by busts
Salon
Our economy may be doing well, but the same trend happened right before the stock market crash in 2008 Read the full story

Ten years ago today, Morgan Stanley owed the US government $107 billion
Quartz
Ten years ago today (Sept. 29, 2008), secret numbers representing the outstanding value of secret loans made their way onto secret spreadsheets at the US… Read the full story

Mobile Payment Market May Hit $4,574 Billion by 2023 - Bitcoinist.com
Bitcoinist.net
The value of the mobile payment market was USD $601 billion in 2016, and it will reach $4,574 billion by 2023. These are the conclusions of an Allied Market Research survey. Incidentally, major companies in this market have enabled — or are planning to enable —Bitcoin payment features in their apps. Survey: The Short-Message-Service Segment Will Continue To Grow The payment for goods or services or exchange of money performed through smartphones and other mobile devices is surging exponentially. Read the full story

David Bach: This is when you should get a credit card
The Co-Founder of AE Wealth Management talks about why you should open a credit card when you get into college and how to pay off your bills on time.

Self-made millionaire: Why opening credit cards in college was my 'biggest financial mistake'
"It was painful," recalls bestselling author David Bach.
Financial Planners Face a Tough Sell
TheStreet
While the number of financial planners is projected to rise in coming years, building knowledge and trust in what they do will take time. The business of providing advice about money is booming, with the number of people working as financial planners or advisors expected to grow by 30% in the coming years, according to federal labor statistics. But as it expands, the field of financial planning is suffering from both a lack of understanding by potential clients, and, in some cases, a lack of Read the full story

HSBC, Barclays and TSB customers hit by latest digital banking problems
Sky News
Banks are facing calls to get their act together after three major lenders reported digital banking outages on Friday following a spate of recent disruption to services. Read the full story


TREASURIES/BONDS/STOCKS
Stocks - S&P Notches Best Quarter in Five Years
Investing.com
© Reuters. The S&P ended the day flat. Read the full story

Dow Drops 1.1% on Week as Tariffs, Fed Take Their Toll
Barron's
Stocks were dinged by a rate hike as price increases stayed mild. Could it be a trade war that triggers an inflation shock? Read the full story

Treasury yields dip after Fed's favorite inflation gauge stays unchanged
U.S. government debt yields fell Friday after the Federal Reserve's preferred inflation metric was stagnant during the month of August.

Bank of America Merrill Lynch cracks down on risky securities with ban on penny stocks
CNBC
Bank of America appears to be the first major wirehouse to restrict the purchase of penny stocks. The move is the latest example of CEO Brian Moynihan's pulling back on potentially risky activities. Read the full story

Wall Street and oil take third quarter spoils but bears maul others
Reuters
Wall Street and oil were the big financial market winners in the third quarter of 2018, while trade tensions, emerging market crises and central bank policy tightening tipped several other assets into bear markets. Read the full story



CRYPTO'S / DIGITAL CURRENCY
Cryptocurrency This Week: Bitcoin Exchange Zebpay Shut down, And More
Inc42 Media
At a time when Google, after Facebook, is considering to partially lift cryptocurrency ad ban, Indian cryptocurrency market has been largely trapped into legal issues and now, ahead of the Supreme Court’s decision in the crypto case, India’s leading cryptocurrency exchange operator Zebpay has shut down its exchange operations. The Supreme Court is expected to... Read the full story

Bitcoin Drops to $6,560 as Analysts Point to Potential Q4 Rally | CryptoGlobe
CryptoGlobe
Bitcoin, the flagship cryptocurrency, has recently seen its price drop in what appears to be a correction from yesterday’s surge to over $6,700. Various analysts believe the last quarter of this year could see the cryptocurrency enter a bull run. Read the full story

Bitcoin hovers around $6,500, but momentum is building, says analyst
MarketWatch
Bitcoin prices are mostly unchanged Friday, continuing what’s been a quiet week for the world’s largest digital currency. Read the full story

History Repeating? Why Ether's Price Just Might Have Bottomed Out
CoinDesk
Ether's BTC pair is forming a market structure similar to its bottom in December of 2017, so we explore the possibility if history repeating itself. Read the full story

The $1 Trillion Wallet: BitGo's Big Plan to Secure the Biggest Bitcoin Fortunes
CoinDesk
Blockchain security startup BitGo is gearing up to safeguard once-unthinkable sums of digital assets as it looks towards a tokenized future. Read the full story

Tempo lets you exchange cryptocurrency via app, debit card, and over 105,000 locations
VentureBeat
A significant challenge in the cryptocurrency and blockchain technology world is converting digital assets to fiat currency. There are only a few fast, reasonable options available. A crypto payment network that is attempting to simplify the exchange process from crypto to fiat, Tempo Money Transfer is creating what it claims is the largest payment network of any licensed... Read the full story


CURRENCIES
Forex - Dollar Pares Gains, but Remains on Track to Snap 2-Week Losing Streak
Investing.com
© Reuters. The dollar fell from session highs on Friday. Read the full story

Dollar gains on euro woes, Fed rate outlook
The dollar climbed to a two-week peak versus a basket of currencies on Friday, boosted and a U.S. interest rate outlook that reflects multiple rate hikes until 2020.

Forex - U.S. Dollar Eases as Euro Falls on Political Uncertainty
Investing.com
© Reuters. The U.S. dollar was a touch higher on Friday. Read the full story

Yuan in six-month losing streak, its longest since 1992, after dropping 3.95 per cent against US dollar in third quarter
South China Morning Post
US interest rate increase factored in, likely to have limited impact on Chinese currency, says central bank adviser Read the full story



INSURANCE / HEALTH / SCIENCE
The FDA just approved a new treatment for a common form of skin cancer
Business Insider
Cancer cells are seen on a large screen connected to a microscope at the CeBit computer fair in Hanover, Germany, March, 6, 2012. The FDA just approved a new treatment for an advanced form of skin cancer. The drug, Libtayo, is a checkpoint inhibitor, a kind of drug that's part of a new class of cancer medications known as immunotherapy. It's made by Regeneron and Sanofi. It's the first treatment ever approved for patients with advanced cutaneous squamous cell carcinoma, the FDA said in a release Read the full story

The deadliest infectious disease is becoming drug-resistant
Vox
The UN General Assembly held its first high-level meeting on tuberculosis. Read the full story

World's Largest Rodent Has Surprising New Way of Fighting Cancer
National Geographic
Genetic analysis of a South American icon reveals how it became a gentle giant—and how it fends off increased cancer risk. Read the full story

7 Health Issues That May Be Causing Your Constant Fatigue
Bustle
Getting enough sleep at night is important, but just as getting too little sleep can be detrimental to your health, so can getting too much sleep. If you've found that you're sleeping beyond what is considered normal hours, or you find that you're… Read the full story



USA / CANADA
House approves three tax bills including Tax Reform 2.0
Fox News
National Taxpayers Union senior fellow Mattie Duppler discusses how the House of Representatives voted to pass the Tax Reform 2.0 bill. Read the full story

Americans think 61 is the ideal age to retire—here's what money experts say
"The younger you are, the more likely you are to say that it's best to retire earlier," says Bankrate.

Americans' optimism on economy near two-decade high
Fox News
Republicans are more positive than Democrats about economic conditions Read the full story

Courting Canada, U.S. and Mexico cancel plans to publish NAFTA texts: sources
Reuters
The United States and Mexico abruptly canceled plans to publish NAFTA texts on Friday, sources said, as signs of renewed efforts by Canada and Washington to settle differences raised hopes a breakthrough could be made to keep the deal trilateral. Read the full story

Here comes Canada's GDP...
Business Insider
Canadian Prime Minister Justin Trudeau addresses the press about the impending death sentence of Saudi activist Israa al-Ghomgham. Canada reports July gross domestic product on Friday. Economists are expecting an increase of 0.1% month-over-month and 2.2% year-over-year. Economic growth accelerated in the second quarter at the fastest pace in a year, driven by sharp increases in exports and consumer spending. But June saw a flat reading as a major outage at a Canadian energy facility weighed on Read the full story


EMERGING MARKETS
Wall Street and oil take third quarter spoils but bears maul others
Reuters
Wall Street and oil were the big financial market winners in the third quarter of 2018, while trade tensions, emerging market crises and central bank policy tightening tipped several other assets into bear markets. Read the full story

Emerging Markets Calm, but Caution Persists
Barron's
After the summer selloff, investors continue to be wary. There are upbeat signs in Turkey, but China’s a big question. Read the full story

How the Mexican peso came out on top in a tumultuous 3rd quarter for emerging markets
MarketWatch
Mexico’s peso comes out as the top emerging markets currency in the third quarter, leaving behind the rest of the field plagued by selloffs, currency crises and contagion worries. Read the full story

US optimistic on Canada trade but willing to go alone with Mexico deal, Mnuchin says
The Hill
Treasury Secretary Steven Mnuchin said Friday that he was optimistic about U.S. Read the full story

Puerto Rico’s Special Ed Students Still Haven’t Recovered From Hurricane Maria
Bloomberg
As the first anniversary of Hurricane Maria approached, Ruth González wasn’t focused on how deadly that storm had been. She was worried about how many weeks of school her son Kaleb would miss this fall. Kaleb is 4 years old and autistic. After a year of upheaval, he and hundreds of other children in need of special education were greeted not with a rebuilt and recovered school system, but with chaos. Their first weeks were marked by what one advocate called “the storm after the natural storm,” a Read the full story


MIDDLE EAST
Trump Looks to Saudi Oil for Help
The Weekly Standard
Don't look now, but gas prices are climbing. Read the full story

The Latest: Hundreds at funeral of killed Palestinian boy
ABC News
Hundreds have attended the funeral of an 11-year-old Palestinian boy, apparently the youngest killed by Israeli fire in six months of protests along Gaza's perimeter fence Read the full story

Inside the last days of a Palestinian village before it gets demolished
VICE
The village of Khan al-Ahmar in the West Bank has less than a week to vacate. Read the full story
World Court: Palestine files complaint over U.S. Embassy in Jerusalem
Reuters
The International Court of Justice on Friday said it has received a complaint from the "State of Palestine" against the United States, arguing that the U.S. government's placement of its Israeli embassy in Jerusalem violates an international treaty and it should be removed. Read the full story

Netanyahu refuses to back Trump's two-state endorsement
CNN Politics
Israeli Prime Minister Benjamin Netanyahu would not commit to a two-state solution to Israel's ongoing conflict with Palestinians in an interview with CNN, despite President Donald Trump indicating, at least for a time, that would be his preferred outcome. Read the full story

Qatar's emir to visit Latin American states
Reuters
Qatar's Emir Tamim bin Hamad Al Thani will visit Latin America on Monday, the state news agency reported on Saturday. Read the full story

EU to open channel to sidestep US sanctions to trade with Iran
TRT World
EU to open channel to sidestep US sanctions to trade with Iran Read the full story

Oil rises 1.6%, settling at $73.25, as US sanctions on Iran tighten supply
Oil prices rose on Friday as U.S. sanctions on Tehran squeezed Iranian crude exports, tightening supply even as other key exporters increased production.

Iran Warns Saudi Arabia Not to 'Cross Our Red Lines' or Else 'We Will Surely Cross Yours'
Newsweek
The deputy commander of Iran's Revolutionary Guards told Saudi Arabia and the U.A.E.: "Calm down and do not interfere, your regional ambitions have failed." Read the full story

Basra protests: US closes consulate after weeks of deadly protests
BBC News US
The move adds to tensions between the US and Iran, the target of tough economic sanctions. Read the full story

U.S. to close consulate in Iraqi city of Basra: sources
Business Insider
WASHINGTON (Reuters) - The United States has decided to close its consulate in the Iraqi city of Basra over security concerns, two U.S. officials told Reuters on Friday, speaking on condition of anonymity. The decision, which followed rocket attacks and violent protests in the crumbling port city, could increase tensions between the United States and Iran. The White House accused Iran earlier this month of failing to prevent attacks by Iran-backed militia on the consulate. (Reporting by Phil Read the full story


AFRICA
Zimbabwe: Dump Fly-By-Night Investors, Ian Khama Tells Mnangagwa
AllAfrica
(Photo: The Herald) Former Botswana President Ian Khamba has warned the new Zimbabwean government not to entertain foreign investors who come in with their small projects which are only capable of employing few people. He was guest speaker during a Confederation of Zimbabwe Industry and Investment Forum in Bulawayo Thursday. Since President Emmerson Mnangagwa took over the highest office in the land, he has been on a whirlwind campaign to lure foreign investors into his troubled country using Read the full story

Zimbabwe: 51 Killed in Work-Related Accidents Since January - Minister
AllAfrica
AT LEAST 51 Zimbabwean workers have died as a result of work related accidents and other occupational mishaps since January this year, Public Service, Labour and Social Welfare Minister Sekai Nzenza has revealed. Addressing delegates at the National Social Security Authority's (NSSA) Occupational Safety and Health chief executives breakfast meeting Friday morning, Nzenza said these were out of a recorded 3 841 work related injuries since January 2018. The Minister expressed grave concern over Read the full story

Zimbabwe: Mnangagwa Dumps Mugabe Airport Shows, Returns Home Quietly
AllAfrica
PRESIDENT Emmerson Mnangagwa quietly returned home Friday from a near week-long trip to New York with nothing of the pomp that used to accompany his predecessor's arrivals from the UN General Assembly. The Zimbabwean leader, who ironically assumed office through a military coup, is keen to project an image different from that of former President Robert Mugabe who delighted in being eulogised and feted for being a great leader. During Mugabe's era, hundreds of Zanu PF supporters, among them Read the full story

Zimbabwe: Envoy Laing Denies Britain Ever Imposed Sanctions On Zimbabwe
AllAfrica
(Photo: John Manzongo/The Herald) Outgoing British ambassador to Zimbabwe, Catriona Laing has dismissed claims her country ever imposed any sanctions on Zimbabwe, saying the diplomatic measures were in fact taken by the European Union as a bloc. She was speaking to journalists Thursday while bidding farewell to Acting President Kembo Mohadi at Munhumutapa Building in Harare. "There are no British sanctions on Zimbabwe," she said. "There are some remaining restrictive measures of the European Read the full story

Zimbabwe: Govt Moves to Stabilise Prices
AllAfrica
Government has started working on a cocktail of measures to ensure stabilisation of prices of essential commodities and their availability, an official said yesterday. Early this month, Government set up a technical committee co-chaired by the National Competiveness Committee (NCC), the Ministry of Industry and Commerce and the Reserve Bank of Zimbabwe (RBZ) to look into prices and make recommendations on tackling the challenge. NCC chairman Kumbirai Katsande yesterday said the technical Read the full story

Zimbabwe: Mnangagwa's Maiden UN Speech Hailed
AllAfrica
(Photo: UN) President Mnangagwa's maiden speech to the United Nations General Assembly in his capacity as Head of State and Government in New York on Wednesday has received wide endorsement at home for setting a new approach to the country's foreign policy and economic trajectory. In his address, broadly followed by Zimbabweans, President Mnangagwa tackled Zimbabwe's foreign policy position, land reform, current political situation in the country and his Vision 2030, among other things. Some Read the full story

Premier African Minerals remains confident confident on prospects in Zimbabwe
Proactive Investors
Premier African Minerals Limited (LON:PREM) told investors on Friday it remains confident on the prospects in Zimbabwe projects after raising funds to support its operations. The company raised US$563,000 through equity subscriptions and secured a US$300,000 loan in the first half of the year. In August it raised a further £750,000 before expenses, which will be used for the restructuring and ongoing holding costs of the RHA tungsten mine and plans to bring it back into production. READ: Premier Read the full story

Angola: AfDB releases US$100M to finance BAI projects
FurtherAfrica
The African Development Bank (AfDB) will make available USD 100 million for the Angolan Bank of Investment (BAI) to finance various projects. Read the full story

Swaziland: No Food for Hospital Patients As Broke Govt Leaves Supplier Bills Unpaid
AllAfrica
The public hospital in Swaziland's capital city Mbabane has run out of food for patients because the government has not paid its bills to suppliers. It is the latest in the long line of cases of the kingdom's health services grinding to a halt because of government mismanagement of the economy. The Times of Swaziland reported on Wednesday (26 September 2018) that patients only had apples and juice at Mbabane Government Hospital. It said bills to food suppliers had not been paid. It was unclear Read the full story

World Bank can finance private investment in Mozambique
FurtherAfrica
The World Bank’s Portugal administrator has told Lusa that difficulties financing projects in Mozambique “do not apply to private investment”, and that the International Finance Corporation (IFC) has its greatest presence in the lusophone country. Read the full story


ASIA
China tells U.N. it will not be 'blackmailed' or yield to trade pressure
Reuters
The Chinese government's top diplomat Wang Yi said on Friday Beijing would not be blackmailed or yield to pressure over trade and criticized unilateral moves by some states that China believes would bring harm to all. Read the full story

450,000 Hong Kong bank customers to benefit from instant QR-code-based money transfer system from Sunday
South China Morning Post
Faster Payment System marks huge step towards making the city a cashless society, say Monetary Authority officials Read the full story

China pledges to carry on investing globally, even as wealthy nations shun its money
South China Morning Post
China will continue to push forward with global investment, even as a growing number of nations move to restrict the capital inflows, citing national security grounds Read the full story


EUROPE
At conference, British PM May faces party divided by Brexit
Reuters
British Prime Minister Theresa May’s Conservative Party began gathering for its annual conference on Saturday, bitterly divided over her plans to leave the European Union which threatens to derail any deal and put her own job in doubt. Read the full story

Sky Data poll: 56% think Brexit will be worse than expected
Sky News
With six months to go until Brexit, the majority of Britons - and the largest part of Leave voters - think Brexit will have a worse outcome than they expected when they voted in the EU referendum, a Sky Data poll reveals. Read the full story

Brexit negotiations enter final six month before deadline
TRT World
Brexit negotiations enter final six month before deadline Read the full story

Boris Johnson 'ready to pick up baton' if Theresa May's Brexit plan implodes
Sky News
Boris Johnson is a politician that loves the spotlight but since he resigned from Theresa May's cabinet in July in protest over the Chequers plan, he has kept away from the cameras. Read the full story

PETER OBORNE sees Theresa May's peril as ministers fight to unseat her
Daily Mail
Theresa May (pictured) will face scrutiny at the annual Conservative Party Conference which opens tomorrow in Birmingham. Peter Oborne discusses the threats she faces. Read the full story

With six months to go, Brexit is still baffling
CNN
With six months to go before Britain formally leaves the European Union on March 29, 2019, Brexit has never looked more baffling. Read the full story

France calls for new global coalition, with or without US
Business Insider
CAMBRIDGE, Mass. (AP) - France's leaders are proposing a new international coalition to revive global cooperation that they say is being threatened by countries like the United States and Russia. Foreign Affairs Minister Jean-Yves Le Drian announced the plan Friday while speaking at Harvard University, calling for an alliance of "goodwill powers" that believe in cooperation and share democratic values. Any nation could join, but the minister says he hopes it would include countries like India, Read the full story

Exclusive: Europe to tell G20 rising trade tensions can seriously hit global growth
Reuters
European Union countries will tell the world's financial leaders next month that rising trade tensions can have a "serious adverse" effect on global growth and that they should reject protectionism and commit to solving disputes through the WTO. Read the full story
d
CBI, ISX, Kauaihn Chatter:
 
CBI Update:
 
 
The CBI for Sunday 9/30/18 did update on the indicative rates Sell Rate 1190
The currency auction is 163,288,475
There is one news and announcement.
Master Kart honors the Central Bank of Iraq
Master Kart Global has honored the Central Bank of Iraq as the Payments Department.September 30, 2018

    
Master Kart International honored the Central Bank of Iraq, represented by the Department of Payments in this bank, with a shield of excellence during the annual conference held in Spain.

    
The recognition of the policies and strategies adopted by the Central Bank of Iraq in payment systems and the important role it plays in leading the market through the establishment of an integrated payment system depends on the exchange of international best practices by organizing the work of participants and the opening of professional competition and the elimination of monopolization.

    
On the other hand, the company showed its support to contribute to support the Central Bank of Iraq and banks and licensed companies operating in the country through the best and latest technologies that reflect positively on the reality of the Iraqi economy.
ISX Update:
Value Traded
142,091,873
 
Shares Traded
81,500,640
ISX ended in Red
 
Kauaihn Chatter:dd
 
http://www.dinarguru.com/
 
9-30-2018   Newshound Guru  Kaperoni   ...monetary policy is never a random act...The promise of instant fortune!  I assure you there will never be an overnight RV or RI. When the CBI begins to raise the value via float it'll be a tool used by the CBI the counter inflationary pressure.   The good news is it will go up in value it just won't happen overnight.
9-29-2018   Newshound/Intel Guru Mnt Goat   Right now we know the CBI is slowly, through a process, moving towards more and more use of the lower category notes. We see it in the news. The fact that they are now experiencing a severe shortage in the small categories tells us this process is working. Will the CBI be pumping other, newer smaller category notes in the coming weeks? I fully believe this is not what they are taking about in all these recent articles. They are not yet ready for this next step...  We know that electronic banking, Point of Sale (POS), ATMs and other reforms have given them this capability now to utilize these small category notes. They have turned a milestone in the process and so now it is a matter of time until they launch even lower, lower denominations, eventually getting off the older 3 zero notes all together.
 
9-29-2018   Newshound Guru Kaperoni     The Iraqi Banking/Finance  Conference 2018 has been pushed off to Nov 4-5.  Interesting. Iraq is notorious for being late on agreements. Far back as I can remember they were always six months or more delinquent on accomplishing what they had agreed to. Delaying the investment conference is in the best interest of Iraq because at this time because they are not ready...they have not form the government, passed the delinquent laws or held their Article IV Consultation with the IMF.
 
9-29-2018   Newshound/Intel Guru Mnt Goat   Article quote:  "Informed sources said that the political blocs agreed that Adel Abdul Mahdi will be prime minister and that the current Prime Minister Haider Abadi will serve as Vice President of the Republic"  ...this could all change again and until they officially announce the nominee for PM, the fat lady has not yet sung. This is just a news article and not official.

9-29-2018  Newshound Guru Breitling 
 …There’s no way around it.  Sooner or later they are going to have to add value to their currency.  They stated it.  They want to do it.  They told everybody what the value is.  They said they wanted to get back to $1.17 and then after that they want to get to get back to $3.25.  I don’t know if they’ll get exactly back to $3.25 but I know what their plan is…nothing has changed…the drama in the middle east has not changed that. [Post 2 of 2]

9-29-2018  Newshound Guru Breitling  Let’s say the dinar never revalues… (It would have to be some weird circumstance where it wouldn’t revalue.)  If it doesn’t revalue it doesn’t mean you and I are wrong.  We’re right.  We’re watching everything you see.  Think about this.  You watch a football game, right?  It has 4 quarters, 2 teams and there’s two minutes left on the scoreboard.  One team has 49 points and the other team has 0.  You kind of know what’s going to happen…there’s no way the other team is going to score 49 points in two minutes.  It’s the same thing with Iraq…everything is set in place for them to do international business with their currency…. [Post 1 of 2 Stay tuned for the rest of the story]
 
9-29-2018 Newshound/Intel Guru Mnt Goat BANNING THE USE 3 ZERO NOTES? I “firmly” do NOT believe...they will stop taking these 3 zero notes (5,000, 10,000, 25,000 and 50,000) and will set a deadline for turning them in. This will NEVER occur since the CBI told these 3 zero notes will “coincide” with the smaller category notes for up to 10 years (or longer if needed). The goal of the CBI is simply to slowly let the economy drive the process and put the dependency on the use of smaller category notes and gradually introduce yet even smaller notes. But I will tell you there will come a point when they will have to reinstate the currency to the international global currency exchanges and trade the currency. This is mainly what we wait for. This is when we go to the banks. When this happens the rate will rise and the CBI will be forced to launch the other even small category notes. So what do you watch for next? ...I am watching for the launching of the 100 dinar note next.
 
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 candidate for the presidency of the Kurdistan Democratic Party Mr. Fouad Hussein

The Prime Minister received Dr. Haider al-Abadi, the candidate for the presidency of the Kurdistan Democratic Party Mr. Fouad Hussein. During the meeting, they discussed the political situation in the country, the vote on the president of the republic, discussions on the formation of the next government, the importance of meeting the country's needs in building and reconstruction, providing job opportunities and preserving what has been achieved in combating terrorism, security stability and foreign relations.

Prime Minister 's Media Office
29 September 2018

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

Tweets posted on Government of Iraq twitter account:
  1.  9-29-2018 around 6:30 am Eastern
    PM @HaiderAlAbadi: Iraq today is a united, strong nation that can look forward to a better future with confidence
  2. 9-29-2018 around 6:30 am Eastern


    Mar Korkeis church in Mosul which was badly damaged by Daesh reopens to worshippers following extensive repairs. Restoring and safeguarding Iraq's places of worship recognises and respects Iraq's diverse religious and cultural heritage
*************
ARTICLE 3

Hakim confirms to Fuad Hussein the need to choose the most efficient presidency
2018/9/29 12:42
[Ayna-Baghdad]
The head of the National Alliance, Ammar al-Hakim, with the delegation of the Democratic Party of Kurdistan headed by Fouad Hussein [candidate for the presidency of the Republic] developments of the political situation in Iraq and the completion of constitutional benefits remaining.
"The importance of the post of president of the republic, as the front of the country and protector of the constitution, and the importance of choosing the most efficient and the best," said a statement from his office.
He stressed "the need for the President of the Republic to ensure the unity of Iraq and the land and people and be for all Iraqis"
He renewed Hakim, "his call for the Kurdish political forces need to consolidate its position on the presidential candidate and coordination with the political forces in Baghdad."

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

The National Delegation is discussing with al-Maliki and al-Khaza'i the decision of the president of the republic
2018/9/29 23:50
[Ayna-Baghdad]
Search The Patriotic Union of Kurdistan with the head of a coalition of state law and secretary general of the Dawa Party - the organization of Iraq Khudair Khuzaei resolve the presidency of the Republic.
"In the framework of his visit to the capital Baghdad, the national delegation discussed with Maliki and al-Khazai various national issues and accelerate the formation of the new federal government and join efforts to develop services and the reconstruction of all provinces and meet the demands of the Iraqi people."
During the two meetings also discussed the relations of the Patriotic Union of Kurdistan with the Iraqi political parties in addition to speeding up the issue of the post of President of the Republic.

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

Al-Abbadi Advisor: The partnership of the financial sector creates an economic renaissance
2018/9/29 15:37
[Ayna-Baghdad]
"The banking sector is in the process of turning to real banking services and providing credit [loans] with the safety of banking services," the prime minister's financial adviser said.
"The evolution of payments reinforces economic activity and creates stability in its overall operations, especially as the retail banking industry is beginning to develop to benefit the customers by settling salaries," Saleh told the whole Iraq agency.
He praised the partnership between Rafidain Bank and KI, where the first represents the public sector and the second is the mixed sector. What is important here is the results. Promote the national economy. "
"The partnership between the public and private sectors worldwide has proved to be a positive one for all concerned parties, institutions and beneficiaries, especially with the adoption of advanced technology that has saved time and effort," said Ahmed Kazem, Commercial Director of KI.
The partnership between the Rafidain Bank and the smart card company [Key Card] to change the reality of payments in Iraq for more than a segment within Iraqi society, and foremost the segment of retirees, who reached 4 million beneficiaries, all of them are facing great challenges in obtaining their financial benefits.
He explained that "the developments in the provision of services and the provision of guarantees and streamlined performance lead to enter the category of traders to our family and the rate of trade union monthly estimated 150 traders during the month, and the numbers are increasing to benefit from services provided to traders who have continuous financial movements And in large amounts need mechanisms of flexible, fast and secure. "
The number of electronic card holders of 7 million beneficiaries.



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