WOTS Saturday 10/20/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,186.0000 | 1,166.8000 | 1,173.7000 | | 16:12 |
| USD/VND | | | 23,316.5000 | 23,127.8000 | 23,127.8000 | | 07:05 |
| USD/CNY | | | 6.9403 | 6.9174 | 6.9367 | | 12:00 |
| USD/KWD | | | 0.3029 | 0.3022 | 0.3028 | | 13:00 |
| GBP/USD | | | 1.3094 | 1.3013 | 1.3019 | | 16:56 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 15,327.7000 | 15,159.2000 | 15,327.7000 | | 16:55 |
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DC NY Iraq Articles:dd
Mahdi faces a veto on the formation of the government because of party pressure
20/10/2018
Eighth electronic newspaper
Al-Sharq Al-Awsat newspaper published a report, which was seen by the eighth daily electronic newspaper on the subject of Vito in the formation of the Iraqi government
Where the newspaper quoted informed sources that the status of a number of political blocs in Iraq «veto» on the nomination of ministers confused the process of declaring the formation of the government Adel Abdul Mahdi. The sources told Asharq Al-Awsat that Abdul-Mahdi finished the bulk of the cabinet reshuffle and was about to submit it to Parliament yesterday, but the objections of a number of blocs on the candidates obstructed the process.
The newspaper said that the political blocs have given the Prime Minister in charge of free choice of ministers according to quotas allocated to each of them, but some of these blocks put a "veto" asking to approve the chosen by Abdul Mahdi. The prime minister-designate was twice bound; first by choosing a personality for the ministry and then presenting it to the bloc for approval or objection.
Announced its intention to restructure the bloc "victory" led by the parliament
Haidar al-Abadi hints at the possibility of accepting a position as a sovereign in the government of Abdul Mahdi
Saturday, October 20
Iraqi Prime Minister Haidar al-Abadi hinted at the possibility of accepting a position in the government of his successor, Adel Abdul Mahdi, at the time announced his intention to restructure the bloc, "victory," led within the parliament, and at the time did not lead Abadi legal oath as a deputy in parliament and the leader of the bloc got the rank The third, after the "Suron" and "conquest" before the departure of Faleh al-Fayadh, the former national security adviser, among them, he announced in a statement that the project he adopted and established a parliamentary bloc called "victory" is "for all Iraqis, a project that includes entities, Victory as a national project and the destiny of a free country Ment and uniform. "
"We will also re-produce the victory coalition as a national project in a way that is commensurate with the current and future developments, so I will tell you that I will not retreat from politics, regardless of any executive location," he said. I am concerned about the integrity of the project of victory and its work as a national alternative that supports the achievements of our era in addition to the vision and the will to continue our march, which we believe to achieve unity, prosperity and sovereignty of our dear country and building state institutions properly and fighting corruption.
He explained that "the next option and the basis that I will adopt is the parliamentary prosecution with the victory bloc in addition to the political body outside the House of Representatives to lead the project of the comprehensive victory, which works to create the third force that express the class that does not find itself ethnic sectarian blocs and also segments of the middle class and cultural and civil," and Al-Abbadi denied that he had been offered any "ministerial position in the next squad". He said: "We may be offered positions in the equation of the next rule, although we found that a site serves our project and strengthens our position and influence and does not cause us to download projections and contradictions and consequences of what is going to be accepted with emphasis On Vdhana quotas abhorrent. "
Nada Shaker Jawdat, a member of the Iraqi parliament for the victory coalition, said that "the project of victory has received from the beginning high acceptance of the Iraqi street during the elections, which made it a bet for all Iraqis as a national project crossing the sectarian, ethnic and partisan." She added: Abadi, the administration of the state under difficult circumstances, and therefore did not pay much attention to the bloc, it has achieved important results in parliament, which requires follow-up now and in the future after the transfer of the secretariat to Dr. Adel Abdul-Mahdi, "indicating that" the coming period will witness important work on the level This project especially after that Has generated confidence that this project, which is now a block in parliament, but was born in difficult circumstances such as the war on the organization of the preacher, which culminated in victory, "pointing out that" Abadi is today a great accomplice in all areas of political, economic and security as well as external relations " .
In response to a question about the possibility of Obadi to get the post of Vice President or Foreign Minister, said Nada Jawdat: "Abadi has never expressed his interest in any position and therefore, despite what is circulated, there is nothing official, especially that Abadi announced his intention to devote to his political project As a first option. "
The alliance of "Saaun" supported by the leader of the Sadrist movement Moqtada al-Sadr, the step of the alliance "conquest" and "wisdom" to leave the option to Abdul Mahdi to choose his ministers a successful step, and said the official spokesman for the alliance, "Saunon," Qahtan al-Jubouri, "The alliance and move from the early directions Which expressed by the leader of the Sadrist movement Moqtada al-Sadr appreciates the step of the opening and the national wisdom to leave the freedom of choice for Mr. Abdul-Mahdi in the selection of his cabinet. "
"The strength, firmness and courage of Mr. Abdul Mahdi should be the first step in presenting a full cabinet cabinet, not a phased phase," said former MP Salah al-Jubouri.
"While the reform and reconstruction leaders have given a great deal of freedom in the selection process, the construction coalition is putting conditions on Abd al-Mahdi to participate in the government," said Haidar al-Mulla, a member of the National Dialogue Front.
Mullah expressed his hope that "Abdul Mahdi will not be subjected to any political blackmail and we are sure that he will not bow to him, and if it happens, the Alliance of Reform will
Deputy: allocate 32 trillion dinars to invest in the budget of 2019
2018/10/20 09:02 424 Editor: hr
Baghdad today
The draft of the budget bill of 2019 included the allocation of 32 trillion dinars (26.6 billion dollars) for investment, which would constitute an important breakthrough towards ending many of the problems suffered by the Iraqi citizen, announced a member of the parliamentary economy and investment committee, Burhan al-Mamouri, Saturday (October 20, 2018) .
"Most of Iraq's budgets for the past years have been concerned with the operational side, while 25 percent or less have been allocated to the investment sector. Even these allocations have been formalized. They are not implemented to ensure that the budget deficit is not diverted from Expected to Real ".
He added that "all this has caused us great problems in terms of deteriorating service reality in the provinces and stop more than 6,500 investment projects."
He stressed that "the increase in investment expenditures means the resumption of these projects stalled and resulting in the broad polarization of labor and the recovery of many economic sectors, which suffered over the past five years of paralysis completely reflected negatively on the livelihood of citizens."
He pointed out that "the expected revenues exceed 105 trillion dinars, while the expected expenses exceed 128 trillion dinars, which means a deficit of 22.8 trillion dinars (20 billion dollars), while the operating budget was estimated at 96 trillion dinars.
He disclosed that "the expected revenues were calculated from the export of crude oil on the basis of the rate of $ 56 per barrel and an export rate of 3.880 million barrels per day, including 250 thousand barrels of crude oil produced in the provinces of the Kurdistan region on the basis of spending 1182 dinars per dollar.
"Most of the expenses that were allocated to the war against terrorist organizations and others have been stopped, and the only challenge remains the reconstruction of the liberated areas," he said.
He pointed out that "the Ministry of Finance has already sent the budget bill 2019 to the Council of Ministers in order to ratify It was installed 12.67 percent as the budget of the Kurdistan region worth more than 8 trillion dinars to develop the provinces of the region, while the investment budget allocated to the region through loans 102 billion Dinar".
The Governor of Baghdad accuses the Finance Ministry of failing to pay the allocations to 4,000 degrees and functional
Editorial Date: 2018/10/20 9:45 • 142 times read
(Baghdad: Al-Furat News) accused the governor of Baghdad Atwan Al-Atwani, the Ministry of Finance to refrain from the disbursement of assignments to four thousand degrees of functional and the last appointment of lecturers and teaching staff.
A statement issued by the media office received by the agency {Euphrates News} a copy of today that "the governor and during his visit to the Directorate of Education Rusafa II discussed with the Director General of Education Qassim Ugaili a number of issues with the new school year, especially the lack of school buildings and financial allocations after the application of Article 45 and transfer of powers And jobs to the provinces as well as to discuss a set of requirements and needs of the Directorate.
Al-Atwani said, "I deeply regret that the maintenance of the investment budget of these districts has not been achieved. Therefore, the governorate and districts are unable to provide the real service and all the requirements of the educational process, especially the implementation of the school buildings required by this Directorate and other directorates."
The governor pointed out that "another problem is the movement of staff and appointments, where we have not yet been able to appoint a new educational staff because of the failure of the Ministry of Finance to launch financial allocations to four thousand degrees and functional was hoped to benefit by the appointment of teaching staff and lecturers to fill the shortage of owners."
He pointed out that "there is an important segment provided a great service and they are lecturers, especially those who have service more than [5 years], and we have to give them a job opportunity for their services."
The governor concluded by saying that "there is another problem appeared to us are intersections and disagreements with the Ministry of Education, the frequency of the transfer of powers to the provinces and other times due to the ministry and we suffer in this regard, which leads to confusion in management and guidance."
Al-Atwani said, "I deeply regret that the maintenance of the investment budget of these districts has not been achieved. Therefore, the governorate and districts are unable to provide the real service and all the requirements of the educational process, especially the implementation of the school buildings required by this Directorate and other directorates."
The governor pointed out that "another problem is the movement of staff and appointments, where we have not yet been able to appoint a new educational staff because of the failure of the Ministry of Finance to launch financial allocations to four thousand degrees and functional was hoped to benefit by the appointment of teaching staff and lecturers to fill the shortage of owners."
He pointed out that "there is an important segment provided a great service and they are lecturers, especially those who have service more than [5 years], and we have to give them a job opportunity for their services."
The governor concluded by saying that "there is another problem appeared to us are intersections and disagreements with the Ministry of Education, the frequency of the transfer of powers to the provinces and other times due to the ministry and we suffer in this regard, which leads to confusion in management and guidance."
Iraq is looking with an Italian company to develop the oil and gas industry
19 October 2018 06:10 PM
Allaibi during his meeting with Massimo Insula
Mubasher: Iraqi Oil Minister Jabbar Ali Al-Allaibi discussed with the director of Eni, the Italian branch of Iraq, Massimo Insula, ways to develop the oil and natural gas industry.
A statement by the Ministry of Oil issued on Friday that Al-Allaibi discussed with "Insulla" during the meeting the development of the Italian company's work in the field of oil Zubair.
The Minister discussed the work and stages of progress in the field of social benefits accomplished in Basra province and carried out by the company.
Al-Luaibi stressed the importance of achieving the goals set for the development of the oil industry in the country and providing the best services to the citizens, pointing to the company's positive performance rising to achieve field development and increase production.
He noted that "Ansolla", the commitment of his company to continue its plans to serve the development of the oil and gas industry in Iraq, and the provision of social services in the areas of health, services and training.
By 2:57 pm GMT, the contract price for Brent crude was up 1.4% at $ 80.43 a barrel. The price of Nymex crude for November delivery rose more than 1.3% to $ 69.55 a barrel.
Iranian Bank Debts to CBI Rising at Alarming Rate
Saturday, October 20, 2018
Debts of banks to the Central Bank of Iran have been rising at an alarming rate in recent years and the issue has become a major challenge for the banking system because the unpaid debts are a major factor behind the bulging liquidity and the galloping inflation.
CBI data shows the money owed by banks to the regulator during the calendar month ending August 22 totaled 1.48 quadrillion rials ($10.48 billion), registering an increase of 34.8% compared to last year’s corresponding month and up 12.7% compared to the last month of the past fiscal that ended in March
US Treasury Sanctions Iraq-based Money Services Business
19th October 2018
in Iraq Banking & Finance News, Security
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions today on Afaq Dubai, an Iraq-based money services business (MSB) that has been moving money for the Islamic State of Iraq and Syria (ISIS).
Today’s designation follows action taken by the Department of Defense—announced on October 11—against a key ISIS financial facilitation group. This MSB is a part of ISIS’s financial network that includes an array of other MSBs, hawalas, and financial facilitators in the Middle East.
OFAC named Afaq Dubai as a Specially Designated Global Terrorist pursuant to Executive Order 13224, for assisting in, sponsoring, or providing financial, material, or technological support for, or financial or other services to or in support of, ISIS. Contrary to what the name may imply, this MSB is located in Iraq and does not have any branches in the United Arab Emirates.
“This Iraq-based MSB is a part of ISIS’s complex network of money services businesses, hawalas, and financial facilitators funding terrorism across the Middle East. We are targeting this network in concert with the Department of Defense as part of this Administration’s ongoing campaign to cut off ISIS’s ability to launder money and move illicit funds,” said Sigal Mandelker, Treasury Under Secretary for Terrorism and Financial Intelligence. “Even as ISIS’s hold on territory is eliminated, we will continue to search for and shut down the illicit financial networks ISIS utilizes to fund terror attacks and sustain operations.”
Today’s action is a continuation of Treasury’s ongoing efforts to shut down financial facilitators and MSBs worldwide that move money on behalf of ISIS. It follows the designation of two ISIS financial facilitators in September with ties to the Caribbean and the Middle East. In December 2016, OFAC designated Selselat al Thahab Money Exchange in Iraq, ISIS financier Fawaz Muhammad Jubayr al-Rawi, and his company, the Hanifa Currency Exchange in Albu Kamal, Syria. Prior to his death, al-Rawi used the Hanifa Currency Exchange in Albu Kamal, Syria and a global network of financiers to move millions of dollars on behalf of the terrorist group.
OFAC closely coordinated today’s designation with the Combined Joint Task Force-Operation Inherent Resolve (CJTF-OIR), which released details on October 11 regarding its joint action against members of a key ISIS financial facilitation group, who leveraged this MSB as part of its operation. Coordinated actions such as those conducted by DoD and Treasury this week disrupt and curtail ISIS’s logistical infrastructure, recruiting, and revenue generation.
As a result of today’s action, all property and interests in property of Afaq Dubai subject to U.S. jurisdiction are blocked and U.S. persons are generally prohibited from engaging in transactions with them.
DESIGNATED TARGET
Afaq Dubai
Afaq Dubai
Afaq Dubai was designated for assisting in, sponsoring, or providing financial, material, or technological support for, or financial or other services to or in support of ISIS.
Afaq Dubai — which is located in Iraq — is part of a network of ISIS-associated money services businesses and financial facilitators in the Middle East. It is run by two ISIS financiers, and, as of early 2018, laundered money for ISIS and provided money to ISIS families.
In May 2018, a Jordan-based ISIS financial facilitator deposited $3 million from Iraqi dinar into three exchanges, including Afaq Dubai.
Kauaihn Iraq Articles:dd
Abadi: I will not secede politics and «coalition victory» did not ask a ministry in the next government
Saturday 20/10/2018
Source: Baghdad - Agencies
The head of the coalition «victory» former Iraqi Prime Minister Haider al-Abadi said he will not retire from politics regardless of any executive site will occupy, indicating that the coalition, which he headed did not demand any ministerial position in the next government, which assigned Adel Abdul Mahdi to form.
Abadi said in a statement yesterday, «We are on the threshold of transformations in the structure of the authorities and the state, and I wanted to confirm the constants that I work for and to, to avoid any interpretation does not match our vision and resolve».
He explained that «since the formation of the victory coalition announced that victory is a national project, concerned with citizenship and democracy, development and sound construction of the state, so as to ensure unity, well-being and sovereignty, regardless of our victory or loss of elections, and in any location we were».
He added that «the project of victory for all Iraqis, a project that includes entities and voters and organizations believe in victory as a project of the homeland and the fate of a free, secure and unified», reiterated his attachment to the project.
"I will not retire from politics, regardless of any executive location. What concerns me is the integrity of the project of victory and its work as a national alternative based on the achievements of our era," Abadi said.
He stressed that «the next option and the basis I will adopt is the parliamentary prosecution with the victory bloc, in addition to the political body outside the House of Representatives to lead the project of the comprehensive victory, which works to create the third force, which express the class that does not find itself ethnic sectarian blocs and also segments of the middle class and cultural and civil .
He pointed out that «victory did not demand any ministerial position in the next line, but may offer us sites equivalent to the next ruling, and if we find that a site serves our project and strengthens our position and does not cause us to load projections and contradictions and consequences of what is happening, we will accept it, while emphasizing our rejection of the abhorrent quota.
Abadi announces the collapse of Daish's "War Council" in Diyala
Localities 2018/10/20 13:17 57 Editor: Mos
Baghdad today - Diyala
Diyala police chief Major General Faisal al-Abadi announced on Saturday the collapse of the "war council" in a conservative organization inside the province.
Abadi said in an interview with "Baghdad today," that "the organization of Dahed was subjected to painful blows in 2018 was the most prominent elimination of most of the leaders of the so-called military wings of the Diyala province in a sympathetic organization, which constitutes what is known as the Council of War."
He added that "the Council of War in the organization of the call collapsed completely," pointing out that "the organization has ended its capabilities significantly and has only the remnants of a fugitive in some areas hiding with additives is not able to confront the security forces."
Diyala police chief said that "Diyala police increased the support of the intelligence dimension and employed many of its human capabilities in this direction," stressing that "a series of qualitative violations targeted the system and has ousted the leadership of prominent leaders over the past months."
Nujaifi: After the creative chaos and the deep state .. This is what the next government will face
2018/10/20 13:03 32
Baghdad today - follow-up
The leader of the Iraqi decision coalition, Ethel Nujaifi, said Saturday, October 20, 2018, that the next government will face the third page in its struggle for survival between the state and parallel entities.
Al-Nujaifi said in a tweet on his Twitter website (Baghdad Today) that "in post-2003 Iraq, after the page of creative chaos and the building page of the parallel entities of the state, such as corruption and weapons outside the state and the deep state, the next government will face the third page in its struggle for survival between the state And those parallel entities ".
The Nujaifi said Friday (October 5, 2-18), that the first battles of the charge to form a government, Adel Abdul Mahdi with the political blocs, will be against two types of candidates.
Nujaifi said in a tweet through his account on Twitter, that "the first battles of Mr. Adel Abdul-Mahdi face the political blocs and rejected two categories of candidates, corrupt, and absurdists who do not uphold the rule of law and the cohesion of the organs of the state."
He added that "the reputation of the government of Adel Abdul Mahdi and the people's ratification of reform will be the reputation of every minister in it."
He concluded by saying that Ali Abdul-Mahdi "to win this battle."
On Tuesday evening (October 2, 2018), the elected President of the Republic, Barham Salih, assigned the former leader of the Supreme Council, Adel Abdul Mahdi, to form the new government.
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A parliamentary delegation returns to Baghdad after concluding its participation in the IPU session in Geneva
Date of release: 2018/10/20 8:18 • 83 times read
BAGHDAD (AFP) - The Iraqi parliamentary delegation headed by Hassan Karim al-Kaabi, the first deputy speaker of the House of Representatives, ended his participation in the work of the 139th General Assembly of the Inter-Parliamentary Union (IPU) in Geneva.
A parliamentary source told the news agency (Euphrates News) on Saturday that the parliamentary delegation participated in the work of the IPU conference in Geneva for the period of 14-18 of this month, at an official invitation.
He added, "where he had a daily contribution, effective on the agenda of public meetings, coordination and marginalization, and met with a number of heads of international delegations, regional and Arab."
He added, "where he had a daily contribution, effective on the agenda of public meetings, coordination and marginalization, and met with a number of heads of international delegations, regional and Arab."
Iraqi Turkmen demand Abdul Mahdi in a ministry in the new government
2018/10/20 11:53 180 Editor: aab
Baghdad today - Kirkuk
The Council of Iraqi Tribes and Elders demanded Iraq, Saturday, October 20, 2018, Prime Minister designate Adel Abdul Mahdi in the Ministry of the new cab.
The Council said in a statement received by (Baghdad today): "We tribal sheikhs and Turkmen dignitaries declare our support and assigned to the Prime Minister designate Adel Abdul Mahdi, to form a new cabinet cabaret."
"The Council demanded that" Abdul Mahdi, the need to represent the Turkmen representation fairly in the Cabinet Cab as a political and national merit of the Turkmen component, which suffered the two policies of marginalization and exclusion over the past years, despite the sacrifices made by the component in order to defend the sovereignty of Iraq and the unity of land and people.
He called, "to represent the Turkmen in the three presidencies and embassies and diplomatic attaches and sections of ministries and local administrations in the Iraqi provinces."
The largest Kurdish party sees the need to form these two councils in Iraq To prevent a repeat of the rift between Erbil and Baghdad
19/10/2018 - 23:28
Iraq
The Kurdistan Democratic Party (KDP), led by Massoud Barzani, has demanded Kurdish demands to participate in the government of Iraqi Prime Minister-designate Adel Abdul-Mahdi.
The Kurdistan Democratic Party Secretary Fadhil Mirani said that the Kurds see the need to form a federal council and a council for strategic policies to monitor the performance of the executive government alongside parliament and to prevent the recurrence of cracks between Baghdad and Erbil.
Mirani said during a symposium on the sidelines of the Erbil International Book Fair on Friday that the Kurds consider that their entitlement in the new government is the post of Deputy Prime Minister and the Ministry of sovereignty, in addition to special criteria to ensure participation in the resolution.
He explained that the government program and the nature of its implementation is very important for the Kurdish forces, as previously agreed to the political blocs on a number of things, but the absence of mechanisms caused the freezing, for lack of implementation.
Mirani said that the experience of the Strategic Policy Council would be similar to the experience of the US Senate, indicating that these things fall under the terms of Prime Minister-designate Adel Abdul Mahdi, who faces a difficult task in a country that lacks institutional work since 2003 until now.
The idea of forming the Council of Supreme Strategic Policies once again to the Iraqi political scene, after the launch for the first time in 2010, when it was within the political agreement called then the Erbil agreement, which formed the basis of the government of Nuri al-Maliki II, but political differences prevented the legislation of the Council Policies by parliament on the grounds that there is no constitutional text to be established.
It is supposed to include the proposed council in the event of its establishment, the three presidencies in addition to the head of the judiciary and the leaders of the parliamentary blocs, whose main task is to draw up the country's top policies and to discuss controversial issues and find solutions to them. The recommendations should be advisory, that is, The mandate of the country is the task of every authority, but in practice the decisions of the policy council will be effective, because its members are the leaders of the country and the decision-makers.
Mirani said that the process of forming an independent technocrat government would not succeed. The winning parties in the elections were involved in obtaining effective government positions.
He also refused the secretary of the Political Bureau of the largest Kurdish party, the idea of abandoning his party for the province of Kirkuk, indicating that they will never leave Kirkuk, explaining that there are two ways, not the third between them, either die in their way or find a solution.
Abizaid and Mirani that the referendum was legal and constitutional, as the Kurdistan Regional Government did not offer independence, and yet Baghdad carried out punitive measures contrary to the law and the Constitution.
The fourth conference to invest in Anbar:
19 October 2018 - 2:44 PM
News Network - Amman
Held in Jordan the work of the "Fourth International Conference on Investment in Anbar," which offered more than 100 investment opportunities in the province, "the largest in Iraq," according to the Iraqi National Investment Commission.
The conference was attended by Jordan's Minister of Industry, Trade and Supply Tariq Hamouri, who chaired a session on "Industrial Cities" on the first day of the conference, as well as Jordan's ambassador to Iraq, Montasser Al-Zu'bi.
During the conference, the reconstruction projects in Anbar, located on the eastern border of Jordan, were announced. The most prominent of these projects are Habbaniyah International Airport and its shipping village, and a number of investment opportunities in various sectors to attract local, regional and international investors. Targeting small and medium enterprises.
The Iraqi ambassador in Amman Safia al-Suhail said the Anbar Investment Commission "coordinated invitations with the Ministry of Industry and Trade of Jordan and the Ministry of State for Investment and representatives of the industrial sector and trade unions directly concerned with the private sector" to participate in the conference.
"A large number of decision makers from Iraq and Jordan, and a number of investment companies from the private sector of Iraq, Jordan and the international," according to Suhail.
She pointed out that meetings between the Jordanian and Iraqi sides for coordination on the conference were held by the Anbar Investment Commission with the Jordanian private sector and the Jordanian and foreign economic councils. The meetings dealt with a set of ideas that focused on several projects prepared by the Commission to be presented to investors during the conference.
A delegation from the United Bank participated and the delegation was headed by the Advisor of the Bank Sheikh Adel Al-Aifan. He spoke at the gathering and the role of banks in forming an integrated picture with the institutions of the province and investment through them. There was also a distinguished presence and coverage of the channel here in Baghdad.
The conference was held in Amman and will last for two days, the National Investment Commission in Iraq, the Anbar government and the Anbar Investment Commission, an independent Iraqi body affiliated to the Iraqi Federal Investment Authority. "
Held in Jordan the work of the "Fourth International Conference on Investment in Anbar," which offered more than 100 investment opportunities in the province, "the largest in Iraq," according to the Iraqi National Investment Commission.
The conference was attended by Jordan's Minister of Industry, Trade and Supply Tariq Hamouri, who chaired a session on "Industrial Cities" on the first day of the conference, as well as Jordan's ambassador to Iraq, Montasser Al-Zu'bi.
During the conference, the reconstruction projects in Anbar, located on the eastern border of Jordan, were announced. The most prominent of these projects are Habbaniyah International Airport and its shipping village, and a number of investment opportunities in various sectors to attract local, regional and international investors. Targeting small and medium enterprises.
The Iraqi ambassador in Amman Safia al-Suhail said the Anbar Investment Commission "coordinated invitations with the Ministry of Industry and Trade of Jordan and the Ministry of State for Investment and representatives of the industrial sector and trade unions directly concerned with the private sector" to participate in the conference.
"A large number of decision makers from Iraq and Jordan, and a number of investment companies from the private sector of Iraq, Jordan and the international," according to Suhail.
She pointed out that meetings between the Jordanian and Iraqi sides for coordination on the conference were held by the Anbar Investment Commission with the Jordanian private sector and the Jordanian and foreign economic councils. The meetings dealt with a set of ideas that focused on several projects prepared by the Commission to be presented to investors during the conference.
A delegation from the United Bank participated and the delegation was headed by the Advisor of the Bank Sheikh Adel Al-Aifan. He spoke at the gathering and the role of banks in forming an integrated picture with the institutions of the province and investment through them. There was also a distinguished presence and coverage of the channel here in Baghdad.
The conference was held in Amman and will last for two days, the National Investment Commission in Iraq, the Anbar government and the Anbar Investment Commission, an independent Iraqi body affiliated to the Iraqi Federal Investment Authority. "
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Today in History
My San Antonio
Today in History Today is Friday, Oct. 19, the 292nd day of 2018. There are 73 days left in the year. Today's Highlight in History: On Oct. 19, 1789, John Jay was sworn in as the first Chief Justice of the United States. Read the full story
These are America's most expensive states
Fox Business
Do you live in one of America's least affordable states? Read the full story
Take A Peek At What The Top 1% Have In Savings
Forbes Magazine
So how does your savings account stack up to the average American’s? How about the top 1 percent’s? And just as a reminder, the entry point to the highest of earnings brackets is “only” $480,930 a year, according to 2015 income tax data. Read the full story
Here's what it takes to join the 1 percent club in New York City
NBC News
For those who dream of joining the gilded ranks of the top 1 percent of earners in New York City, there’s a new magic number. Read the full story
5 things to know for October 18: Saudi Arabia, deficit, campus attack, Jayme Closs
CNN
Here's what else you need to know to Get Up to Speed and Out the Door. Read the full story
OIL/COMMODITIES/ENERGY
Gold Ends Higher, Takes Fed Minutes In Stride
Investing.com
Investing.com
© Reuters. Gold climbs a day after Fed minutes affirm plans for more U.S. rate hikes. Read the full story
Gold edges higher amid limited dollar follow-through from hawkish Fed minutes
MarketWatch
Gold futures edge higher in Thursday trading, holding near the multimonth high hit earlier this week, with moves in dollar trading subdued and cautious stock action propping up the precious metal. Read the full story
Gold Prices Flat on Hawkish Fed Minutes
Investing.com
© Reuters. Gold was flat on Thursday. Read the full story
Oil plunges nearly 11% in just 2 weeks, shrugging off Iran sanctions and Saudi tension
CNBC
Oil prices rose to nearly four-year highs at the start of October, only to suffer a dramatic reversal. Read the full story
Four market experts weigh in on the biggest risks to the oil market
CNBC
As crude hits a one-month low, four market experts weigh in on the biggest risks to the oil market Read the full story
BANKS/BANKING/CREDIT
U.S. Senator Warren urges Fed to require removal of Wells Fargo CEO
Reuters
Reuters
U.S. Senator Elizabeth Warren said on Thursday the Federal Reserve should not allow Wells Fargo & Co to grow in size until the bank replaces Chief Executive Officer Tim Sloan. Read the full story
A day in the life of an HSBC executive who wakes up at 5:30 am to meditate and exercise, always eats green, and manages her work and life in two cities
Business Insider
Melania Edwards is part of HSBC's International Manager program, which trains senior executives for leading international bank by putting them in top roles across different businesses around the globe. Through this program, Edwards gained experience working in Asia, the UK, and the Europe. Now she is based in Northern California and serves on the bank's Global Venture Capital Group. Part of her job is connecting venture capital firms and their portfolio companies to HSBC's global network. She Read the full story
3 Of The Best Expat Overseas Bank Accounts
the money cloud
Overseas investment; property, financial, or business related; supporting family and relatives overseas; moving and living abroad; importing or exporting goods over the medium to long term. These are all good, and prominent reasons for taking extra care that you are managing currency exchange rate risk effectively. Failure to do so; Read More → Read the full story
A glance at US mortgage rates
ABC News
A glance at US mortgage rates Read the full story
U.S. mortgage industry faces job losses as refinancing dries up
Reuters
With mortgage applications falling to their lowest since late-2014, the U.S. home lending industry is facing a major overhaul in how it works and manages staffing levels. Read the full story
MUFG Union Bank Expands Middle Market Capabilities with Acquisition of Intrepid Investment Bankers
PR Newswire
LOS ANGELES, Oct. 18, 2018 /PRNewswire/ -- MUFG Union Bank, N.A. today announced it has signed a definitive agreement to acquire Intrepid Investment Bankers, a leading Los Angeles-based regional middle market investment banking firm. Following the close of the transaction, which is subject to regulatory approval and other customary closing conditions, Intrepid Investment Bankers will operate under its current name as a subsidiary of MUFG Union Bank and will work in close partnership with the Read the full story
Australia's NAB cuts 300 bankers over wrongdoing
Business Insider
FILE PHOTO: The National Australia Bank logo is seen on a branch in central Sydney Thomson Reuters By Tom Westbrook and Colin Packham SYDNEY (Reuters) - About 300 staff of National Australia Bank have been fired or left the company as a result of internal investigations into wrongdoing, Chief Executive Andrew Thorburn said on Friday, following public revelations of misconduct across the sector. Thorburn said he was ashamed of the bank's behavior and admitted he had been wrong to oppose a Read the full story
TREASURIES/BONDS/STOCKS
We could see more 'dramatic declines' in the stock market: Top technician Ralph Acampora
CNBC
CNBC
"If we start taking out those lows, I think you are going to start seeing some dramatic declines across the board," Altaira Capital Partners' Ralph Acampora says. Read the full story
Scared by the Market Selloff? Watch the 200-Day Moving Average
Barron's
This technical indicator was a good measure of support on the way up, and could be a sign of trouble on the way down. Read the full story
Top 5 Things to Know in the Market on Friday
Investing.com
© Reuters. 5 key factors for the markets on Friday Read the full story
Asia shares extend slump as global sentiment sours
Reuters
Stocks in Asia fell on Friday as global sentiment soured on issues ranging from trade worries, Italy's 2019 budget, higher U.S. interest rates and growth concerns in China that led to a slump in Chinese shares in the previous session. Read the full story
Are investors right to finally be worried about higher interest rates?
CBC News
Analysts are split on whether higher U.S. interest rates could put the stock market's impressive run in jeopardy. Read the full story
CRYPTO'S / DIGITAL CURRENCY
Here’s how the U.S.-China trade battle is disrupting cryptocurrency miners
MarketWatch
MarketWatch
The trade spat between the U.S. and China has spilled over into the crypto industry that could have lasting affects Read the full story
US Marshals to Auction $4.3 Million in Bitcoin Next Month
CoinDesk
The U.S. Marshals are set to auction off about 660 bitcoin forfeited in federal criminal, civil and administrative cases, worth about $4.3 million. Read the full story
Bitcoin Price Eyes Triangle Breakout Above $6.4K
CoinDesk
Bitcoin is again restricted in a narrowing price range, but technical studies indicate scope for a bullish breakout. Read the full story
Bitcoin And Blockchain Jobs In The U.S. Are Surging
Forbes Magazine
Despite the bitcoin and wider cryptocurrency market struggling throughout the year, it would seem from job openings that both established and startup companies are taking the possibilities of bitcoin, cryptocurrency, and blockchain seriously... Read the full story
Ethereum [ETH] in the spotlight again; developers and the community talk updates
AMB Crypto
Ethereum [ETH]’s ride over the past week has been a frantic rollercoaster with developments and updates being announced from the house of Ethereum Foundation. The cryptocurrency’s much-awaited forks which are still in the pipeline have come under the scanner when Lane Rettig, an independent developer of Ethereum, bought up a few concerns regarding the Constanople... Read the full story
CURRENCIES
Forex - Dollar Advances as Upbeat U.S. Data Fuel Rate-Hike Expectations
Investing.com
Investing.com
© Reuters. The dollar rose against its rivals on Thursday. Read the full story
Dollar pulls higher as high-beta currencies slide
MarketWatch
The U.S. dollar strengthened as Thursday’s session went on, leading to a softening of risk-sensitive currencies. Read the full story
Pound to euro exchange rate: Sterling slumps as fears grow over no-deal Brexit
Express
THE POUND has slumped as fears grow that no Brexit deal will be reached and the UK has reached a “deadlock.” UK retail sales data also failed to boost the pound and shows no sign of improving, experts have warned. The pound has dipped as worries escalate regarding Brexit negotiations reaching a deadlock. Sterling was also negatively impacted by UK retail sales data which showed a decline in consumer spending. Read the full story
Australian dollar slides - Inside Retail
Inside Retail
Aussie dollar slips against the greenback. The post Australian dollar slides appeared first on Inside Retail. Read the full story
Rupee opens marginally lower against US dollar
Livemint
The Indian rupee on Friday opened marginally lower against the US dollar, tracking losses in local equity markets and Asian currencies. At 9.10am, the home currency was trading at 73.63 a dollar, up 0.18% from its Wednesday’s close of 73.61. The currency opened at 73.62 a dollar. Markets were closed on Thursday due to Dussehra. The 10-year gilt yield stood at 7.887% from its previous close of 7.912%. Bond yields and prices move in opposite directions. Read the full story
Yuan halts slide against US dollar after PBOC comments
South China Morning Post
The Chinese yuan edged higher on Friday after People’s Bank of China governor Yi Gang said measures to help alleviate corporate financing problems and encourage commercial banks to boost lending are on the way Read the full story
China's currency is expected to fall below its own 'red line,' prompting more complaints from US
CNBC
Strategists expect China's weakening currency to eventually fall through a key psychological level that could spark an even steeper drop and no doubt draw a new round of criticism from the Trump administration. Read the full story
Forex - Yuan Little Changed After Disappointing China GDP Data
Investing.com
The yuan was little changed on Friday Read the full story
Trump administration names 6 prospective currency cheaters
Fox News
The Treasury Department said China is "of particular concern." Read the full story
INSURANCE / HEALTH / SCIENCE
Column: U.S. probe shines light on Medicare Advantage claims denials
Reuters
Reuters
A growing number of U.S. seniors are choosing Medicare Advantage, the popular private insurance alternative to traditional coverage. But a new report by federal investigators finds that Advantage plans have a pattern of inappropriately denying patient claims. Read the full story
Too Much Sleep Is Just As Bad As Not Enough Sleep, A Huge New Study Says
Bustle
The world’s largest sleep study ever just revealed the exact amount of sleep you need every night. While the minimum number of hours recommended for healthy functioning aren’t that surprising, researchers found that actually sleeping too much can… Read the full story
Researchers Want Cancer Patients To Share Their Medical Information In Search of Cures
TIME
A new cancer initiative called Count Me In launched Thursday Read the full story
An Incurable Disease Is On The Rise In California, And Scientists Say Climate Change Could Cause It To Spread To Much Of The Western US
BuzzFeed News
A fungus that thrives in dry soil and warm weather has caused a record number of infections in California. Experts fear climate change will cause it to spread across the western US. Read the full story
Antibiotic-resistant Tuberculosis: Glimpse of Hope for Most Deadly Infectious Disease in the World
Newsweek
Drug resistance threatens recent gains against the disease—but research shows there's reason to be optimistic. Read the full story
Your employer's health plan will cost more in 2019
CBS News
Higher premiums, deductibles and out-of-pocket costs are on the menu again -- but you may have more plan choices Read the full story
Mental health: Finding someone to talk to
BBC News US
Two people share their very different experiences of accessing help from mental health services. Read the full story
Scientists want stem cell trial paused
The Washington Post
The taxpayer-funded trial used stem cells that were once thought to regenerate heart muscle. Read the full story
USA / CANADA
Treasury sets politics aside, admits China isn't a currency manipulator
The Hill
The Hill
The report was the rare recent instance in which economics trumped politics. That is remarkable. Read the full story
U.S. making serious efforts to comply with EU data rules: EU officials
Reuters
The United States is making serious efforts to comply with a landmark data transfer pact agreed two years ago, EU officials said on Thursday amidst criticism by some civil liberties groups and EU lawmakers that the U.S. is not living up to the accord. Read the full story
JPMorgan says US economy has better than 50/50 chance of recession in next two years
The Hill
The U.S. economy could face serious problems in the next two years, according to a model tracked by JPMorgan Chase & Co. Read the full story
Trade war with China could lead to recession sooner rather than later
CNN Business
There are increasing worries that the chilly trade relations between the US and China could lead to a deep slowdown in the US economy — especially as the Federal Reserve continues to fight inflation. Read the full story
A mild winter could be in store for many Americans, NOAA says
CNN
A mild winter could be in store for much of the United States, according to the seasonal forecast released Thursday by NOAA. Read the full story
U.S. weekly jobless claims drop; continuing claims lowest since 1973
Reuters
New applications for U.S. unemployment benefits dropped last week and the number of Americans on jobless rolls fell back to levels last seen in 1973, suggesting a further tightening in labor market conditions. Read the full story
Exclusive: U.S. asks for WTO panel over metals tariff retaliation
Reuters
The United States is requesting that a World Trade Organization dispute resolution panel get involved in a clash over international retaliation over U.S. tariffs on steel and aluminum, according to a U.S. official familiar with the matter. Read the full story
Both sides escalate US tariffs fight at the WTO, agenda confirms
Reuters
Disputes over U.S. President Donald Trump's trade tariffs and their consequences are being escalated at the World Trade Organization, with 12 requests for adjudication shown on Friday in an agenda for the WTO's Oct. 29dispute settlement meeting. Read the full story
White House changes tone on Saudi Arabia amid mounting pressure
The Hill
The Trump administration on Thursday shifted course in its handling of the Jamal Khashoggi case, responding to increased pressure from GOP critics and others calling on the president to hold Saudi Arabia accountable for t Read the full story
The Memo: Saudi storm darkens for Trump
The Hill
President Trump edged toward a harder line with Saudi Arabia on Thursday. Read the full story
EMERGING MARKETS
Seniors in Emerging Markets Represent Huge Opportunity for Innovative Entrepreneurs
Entrepreneur
Entrepreneur
Older adults are one of the world's largest underserved populations. Those who invest now will tap unmet needs and reap the rewards. For years, consumer markets have been obsessed with youth. And as the global population continues to gray, businesses have been slow to adjust to the demographic shift. But worldwide, the 60-and-older age bracket is anticipated to more than double by 2050. Finding out what these consumers want is more important than ever. This is especially true in the developing Read the full story
Recession fears grip emerging markets amid currency crises | DW | 18.10.2018
DW
Turkey, South Africa and Argentina are among the emerging economies most at risk of recession, chief economist for business information provider IHS Markit, Nariman Behravesh, told DW. The countries, which have seen their currencies battered this year, have "twin deficits" and large amounts of dollar and euro-denominated debt. Read more: IMF: Risks to global financial system rise An economy suffers from twin deficits when it has a fiscal deficit — when a country's expenses exceed its revenues — Read the full story
FBI agents raid San Juan government offices as part of investigation into fraud, corruption
Fox News
FBI agents this week raided the municipal offices in San Juan, Puerto Rico - rooting through documents and seizing digital records as part of a widespread investigation into fraud and obstruction of justice charges tied to the city government. Read the full story
Spain seizes 115 properties in crackdown on Venezuelan funds
ABC News
Police in Spain say they have seized more than 115 properties as they dismantled a network that allegedly purchased real estate in Spain to launder illicit money from former officials in Venezuela Read the full story
MIDDLE EAST
Trump says ‘certainly looks’ as if Khashoggi is dead as pressure mounts on Saudi Arabia
The Washington Post
The Washington Post
The president’s comments came after Secretary of State Mike Pompeo urged him to give Saudi Arabia time to issue its own findings. Read the full story
The US just punished Saudi Arabia over Khashoggi — in a very small way
Vox
Treasury Secretary Steven Mnuchin withdrew from a big conference in Saudi Arabia. That won’t change much. Read the full story
Pompeo says U.S. is giving Saudi Arabia a ‘few more days’ to complete Khashoggi investigation
CNBC
Secretary of State Mike Pompeo said Thursday he told President Donald Trump to give Saudi Arabia "a few more days to complete" an investigation into the disappearance of Washington Post columnist Jamal Khashoggi. Read the full story
Where Saudi Arabia fits in with U.S. arms deals
Axios
Axios
President Trump has said it would be "foolish" to cancel billions of dollars in weapons deals with Saudi Arabia over the kingdom's alleged involvement in the disappearance of journalist Jamal Khashoggi — a remarkably blunt admission of the role the international arms trade plays in U.S. foreign policy. Read the full story
The Khashoggi disappearance hangs heavily over a $2 trillion deal that the London Stock Exchange is hoping to close
Business Insider
The CEO of the London Stock Exchange has been courting the Saudi Kingdom to lure the IPO of Saudi Aramco, the country's state-run oil company. It's a deal potentially worth $2 trillion. But David Schwimmer cancelled a recent visit to Riyadh after the disappearance and presumed murder of Saudi journalist Jamal Khashoggi. Unfortunately, London really needs a deal of that size to shore up its post-Brexit reputation. The Saudis say they want to place their IPO in 2020 or early 2021. LONDON - The CEO Read the full story
Mounting evidence points to Saudi prince’s involvement in journalist’s disappearance
The Washington Post
Mounting evidence points to Mohammed bin Salman’s involvement in the disappearance of Jamal Khashoggi. Read the full story
U.S. downgrades its diplomatic mission to Palestinians in Jerusalem
Axios
The Trump administration announced Thursday that it is downgrading its diplomatic mission to the Palestinian Authority after Secretary of State Mike Pompeo said in a statement that the U.S. Consulate General in Jerusalem, which was in charge of relations with the Palestinians, will cease to exist and become the "Palestinian Affairs Unit" in the U.S. Embassy in Jerusalem. Read the full story
Iraqi security: Camps for displaced are being closed
Aljazeera
The Iraqi government has begun closing camps for the thousands of internally displaced persons who fled their homes as a result of the war. But aid workers say security forces are forcibly returning civilians to unsafe areas in the Anbar province. Al Jazeera's Mohammed Adow reports from Baghdad. Read the full story
AFRICA
Zimbabwe rescued as $500m forex facility is approved
FurtherAfrica
FurtherAfrica
The Africa Export-Import Bank (Afreximbank) has come to the rescue of ailing Zimbabwe, confirming on Tuesday that the bank will avail a $500 million (R7.1 billion) facility to help Zimbabwe stabilise its foreign currency position to enable the importation of key commodities. Read the full story
Southern Africa: Zimbabwe Railways Fails to Deliver Wheat From Mozambique Port
AllAfrica
(Photo: The Herald) Struggling rail transporter, National Railways of Zimbabwe (NRZ) is reportedly failing to deliver 179 wagons of wheat currently stuck at Mozambique's Beira Port, a situation feared could force bakers to further raise bread prices due to flour shortages. The NRZ pledged to transport 50 wagons of wheat per day from 16 September this year but has only managed to bring in 58 in total, according to Grain Millers Association of Zimbabwe (GMAZ) general manager Lynette Veremu. GMAZ Read the full story
Zimbabwe: Zimbollar - A Guide to Zimbabwe's Black Market
AllAfrica
(Photo: Athan Tashobya/New Times) In only two months an anonymous Twitter account has grown to over 21,000 followers As Zimbabwe suffers severe money shortages, businesses are closing, food shelves in Harare are emptying and prices of basic commodities, fuel and medicines are soaring. The price of a two-litre bottle of cooking oil has reached $US10. After the Zimbabwean dollar crashed in runaway inflation, Zimbabweans turned to US dollars, South African rands and the Euro to trade daily goods Read the full story
Zimbabwe: Afreximbank to Finalise US$500 Million Zim Nostro Stabilisation Deal Month-End
AllAfrica
AFRICAN Export-Import Bank (Afreximbank) says that it will finalise the US$500 million nostro stabilisation facility negotiated by Finance Minister Mthuli Ncube by the end of this month. The continental financial powerhouse has confirmed that they met Zimbabwean officials in Bali, Indonesia on the sidelines of the International Monetary Fund's and World Bank meetings which ended this week. "A delegation of the Afreximbank led by the President, Prof. Benedict Oramah, in Bali, Indonesia, held Read the full story
Angola: Infrastructure Construction Costs U.S$99.5 Billion
AllAfrica
Luanda The Angolan Government invested nearly US $ 99.5 billion between 2002 and 2015 in the construction and reconstruction of economic and social infrastructure. Among the infrastructures are roads, bridges, railways, airports, ports, dams, electricity and water distribution networks, hospitals, schools, housing, public buildings, among others. However, the evaluation of the quality of these infrastructures "is not in an encouraging position", putting the country in 141place in the Read the full story
Angola: Exchange difference drops from 150 to 20%
FurtherAfrica
The difference between the official and unofficial exchange rates, which until January this year stood at 150 percent, is now below 20 percent. Read the full story
ASIA
China’s moves to open financial markets to foreign investors risk a weaker yuan, analysts say
South China Morning Post
South China Morning Post
Thursday, 18 October 2018, 8:21:PM China’s efforts to open up its capital markets to a broader set of foreign investors are expected to lead to greater domestic market volatility and more money flowing in and out of the country, analysts said. In particular, the exchange rate of China’s currency, the yuan, may weaken further as the People’s Bank of China (PBOC) allows market forces to play a greater role in setting its value, while it focuses on ensuring the greater volatility does not result in Read the full story
China's stock market is getting pummeled and history shows that is bad news for US markets
CNBC
When China's stock market falls sharply, there's a good chance U.S. stocks —and some big blue chip names like Goldman Sachs and Caterpillar—go down with it. Read the full story
China’s stocks fall to 4-year low amid fears of forced selling
South China Morning Post
Benchmark gauge closes at lowest since November 2014 as fears grow that shares pledged as collateral will face forced sales, fuelling further losses Read the full story
China’s moves to open financial markets to foreign investors risk a weaker yuan, analysts say
South China Morning Post
Thursday, 18 October 2018, 8:21:PM China’s efforts to open up its capital markets to a broader set of foreign investors are expected to lead to greater domestic market volatility and more money flowing in and out of the country, analysts said. In particular, the exchange rate of China’s currency, the yuan, may weaken further as the People’s Bank of China (PBOC) allows market forces to play a greater role in setting its value, while it focuses on ensuring the greater volatility does not result in Read the full story
China stocks rally after economic chief, financial and regulatory institutions step in to underline economy’s resilience
South China Morning Post
The rally came after Vice-Premier Liu He, China’s economic tsar, said the stock market “is becoming the market with the most investment value” in the world Read the full story
China state paper accuses west of double standards on Xinjiang
Reuters
The western media is guilty of "double standards" when it comes to reporting on China's restive northwestern region of Xinjiang, the official China Daily said in an editorial on Friday. Read the full story
EUROPE
May moves to buy time as Brexit deadlock continues
Axios
Axios
With Brexit talks still deadlocked, U.K. Prime Minister Theresa May has been forced to admit she may need more time to finalize a divorce agreement with the EU. Read the full story
EU summit: No breakthrough but new Brexit headache for Theresa May
Sky News
Theresa May has seen an EU summit pass with no Brexit breakthrough as she was hit by a growing backlash over plans to lengthen the UK's transition period. Read the full story
Macron: onus on May to bring Brexit proposals with UK backing
Reuters
French President Emmanuel Macron said on Thursday it was now up to British Prime Minister Theresa May to come back with new Brexit proposals that she can defend politically at home. Read the full story
May Spoke So Fast, Merkel Didn't Understand Her Brexit Pitch
Bloomberg
Theresa May arrives for a European Union leaders summit in Brussels, Belgium Oct. 18, 2018. Theresa May had 15 minutes to impress European Union leaders with a new way out of the political morass that has become Brexit. Instead, the British prime minister came across as nervous, speaking too fast for an audience of non-native English speakers. At the end of her pitch in Brussels, no one was any wiser as to what the U.K. was bringing to the table other than a familiar serving of warm words. May Read the full story
EU leaders seek stronger euro zone as Italy challenges rules
Business Insider
Portugal's Finance Minister Mario Centeno attends a news conference to announce the 2019 state budget in Lisbon Thomson Reuters By Jan Strupczewski BRUSSELS (Reuters) - European Union leaders will discuss on Thursday how to make the euro zone more resilient to crises, with the bloc's third biggest economy, Italy, putting new urgency into the talks by challenging EU budget rules that underpin the single currency. Leaders of all EU countries except Britain are to take stock of progress in Read the full story
Whatever happens next, Brexit is bad for business
CNN Business
A longer Brexit transition period would mean even more pain for businesses who are desperate to know what the United Kingdom's exit from the European Union means for their trading relationship. Read the full story
Brexit uncertainty set to hobble UK economy through winter
ABC News
The uncertainty over Brexit that's hobbling the British economy is set to go on for longer than expected. Read the full story
CBI, ISX, Kauaihn Chatter:
CBI Update:
CBI closed on Friday and Saturday
Rafidain launches a new meal of the predecessor of state employees through the "master card"
Editorial date: 2018/10/20 8:21 • 159 times read
{Baghdad: Al-Furat News} Rafidain Bank launched a new meal of the advance of employees of the State Departments, which ranged between five and ten million dinars through Master Card International.
The bank's press office said in a press statement received by the agency {Euphrates News} a copy today that "a new batch of advances of State Department employees have been paid to more than 1200 employees whose salaries have been settled at the bank."
The statement said that "the disbursement of this advance was by informing the employee by sending him a text message informing him of the grant of the advance, after he completed all the legal procedures to grant it and disbursement through electronic payment tools, which was filled the financial balance to it."
The statement said that "the disbursement of this advance was by informing the employee by sending him a text message informing him of the grant of the advance, after he completed all the legal procedures to grant it and disbursement through electronic payment tools, which was filled the financial balance to it."
The document .. Iraqi exchange companies discuss the proposal of the Central Bank calling for "integration"
2018/10/20 11:56 122
Baghdad today - Baghdad
Baghdad "today", on Saturday, a document issued by the service institution for exchange companies, a non-governmental organization, under which the exchange companies in Iraq called for a trading meeting, to discuss the call of the Central Bank to the companies mentioned for "integration".
In order to support the exchange rate of the Iraqi dinar and towards financial stability and reduce risk transfer opportunities in providing the best services and financial instruments, the service organization of the exchange companies announces to attend the preparatory forum And preparatory, on Saturday, at the Hotel Babylon at 2 pm.
She added that the reason for the meeting, "discuss and put forward views and proposals on the call of the Central Bank in his book No. 5/5/361, dated 15 October, calling for the merger of companies mediating the sale and purchase of foreign currency.
"We therefore call on all companies to mediate to attend this forum, which includes a set of proposals and alternatives aimed at raising the level of knowledge and responsibility on integration and its impact for the benefit of this financial sector."
Kauaihn Chatter:
http://www.dinarguru.com/
10-20-2018 Intel Guru RayRen98 . . . Quite a few things have come in just in this hour that we'll get more confirmation on. Bottom line: We've been working at this, this long; waiting this long. What's another few hours, few more days to get the best out of this? What do you think it's going to be like when the light turns green? and all currencies are exchangeable at a new rate. Information is going to flow 10 X's as fast and as quickly. Patience is a virtue.
10-19-2018 Intel Guru Delta Article: "Indicators of improvement and realistic stability Mohammed Hassan Al Mousawi" Quote: "Financial indicator: The deletion of zeros from the Iraqi currency evidence of the strength of the Iraqi dinar exchange and return to the predecessor of his reign." [This ENTIRE article is telling us ALL the accomplishments that Iraq HAS ACHIEVED!! IMO...all past tense!] I DID READ IT AN ARABIC ...YES THIS MAN SAYING IT'S DONE...
10-19-2018 Newshound/Intel Guru Mnt Goat We heard that on Wednesday 10/24 the designate prime minster is supposed to announce candidates (as least half of his new cabinet) to meet the constitution deadline. But wait a second...the constitution says entire government not half of it. But this is a game each prime minister plays. They submit an entire list of nominees then they expect some to be rejected. They then have another 30 days to re-select these remaining positions. This meets the deadline and everyone is happy. We are in the waiting mode again.
10-19-2018 Newshound Guru Currency365 Iraq’s Oil Minister Jabbar al-Luiebi decreed on Thursday the transfer of the ownership of nine state-held oil companies from the oil ministry to the newly formed National Oil Company...(Preparing for Citizens monthly Oil Revenue)10-19-2018 Intel Guru Bruce On Tues. Oct. 16 Trump gave Iraq a 48 hour window to get things done. They met that deadline by Thurs. Oct. 18. A super rich person in Jordan was using his office in Iraq to funnel money to terrorists. They handled this by freezing accounts in order to meet the deadline and be RV ready. Today [Thursday] Oct. 18 the new Rates went back up on the bank screens, and then went to flashing as they adjusted to the QFS system. Bruce was told this would be a morning daytime event. They may wait until all banks across the nation were open before releasing. You could negotiate your rates, although the screen rates were so good that you may not want to.
10-19-2018 Newshound/Intel Guru David M. Witty Iraqi political sources say PM Abdel-Mahdi (designate) will present his cabinet to Parliament next week but without names for ministers of Defense, Interior, Foreign, Oil & Finance.Still searching for these & tied to political parties' desires.
10-19-2018 Newshound Guru Currency365 Iraq’s Oil Minister Jabbar al-Luiebi decreed on Thursday the transfer of the ownership of nine state-held oil companies from the oil ministry to the newly formed National Oil Company...(Preparing for Citizens monthly Oil Revenue)10-19-2018 Intel Guru Bruce On Tues. Oct. 16 Trump gave Iraq a 48 hour window to get things done. They met that deadline by Thurs. Oct. 18. A super rich person in Jordan was using his office in Iraq to funnel money to terrorists. They handled this by freezing accounts in order to meet the deadline and be RV ready. Today [Thursday] Oct. 18 the new Rates went back up on the bank screens, and then went to flashing as they adjusted to the QFS system. Bruce was told this would be a morning daytime event. They may wait until all banks across the nation were open before releasing. You could negotiate your rates, although the screen rates were so good that you may not want to.
10-19-2018 Newshound/Intel Guru David M. Witty Iraqi political sources say PM Abdel-Mahdi (designate) will present his cabinet to Parliament next week but without names for ministers of Defense, Interior, Foreign, Oil & Finance.Still searching for these & tied to political parties' desires.
10-19-2018 Newshound Guru Bloodloch I noticed some suggestions going around here and there concerning the total of dinars In circulation (currency issued) going from about 150 trillion to 44 trillion dinars as a sign of the CBI's seriousness about their plan to revitalize or reinvigorate their currency, and that got me to thinking. Cutting to the chase, the fact is that the CBI has never shown a currency issued figure anywhere near 150 trillion dinars. ...The most recent value for Currency Issued per the CBI financial statements as of December 31, 2017, is indeed 44 trillion dinars, as seems to now be commonly known. ...It's important as a community that we rely on confirmable facts in our analyses. These corrected facts will bear fruit.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
*************
ARTICLE 1 (from PM Abadi's website)
At the time this report was submitted, there were no new articles posted on PM Abadi's website.
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ARTICLE 2
Suron reveals the share of the reform coalition from the next government
October 19 - A member of the Alliance of Sason, Raed Fahmi, on Friday, the share of the "reform" coalition of the next government, which will be formed by Prime Minister-designate Adel Abdul-Mahdi.
"The Alliance of Reform, which includes others and other entities, has a share in the new formation of Abdul Mahdi, from 8 to 9 ministries, but we have given up choosing the names of the ministers who will occupy these ministries. One for the president-designate ".
He added that "Abdul Mahdi will depend on agreed specifications in the selection of ministers, and most important independence and integrity, and have a presence, may be academic or media or because of a certain achievement," noting that "the goal is to compensate for the political shortfall in the new personality selected" .
Fahmi added, "It is not logical for Abdul Mahdi to form ministers for a ministerial share of the reform alliance, for example, and Assoun is not convinced of personality, because the next government is a coalition, not a party. This means that there are members of the coalition in the government. "He said.
And the return of the quota system, Fahmi said that "the quota is no longer to the political process as in the previous form, there is no party to impose certain names on the president, and will not be given to the entire ministry of the party, the old quota is over, and the new is a harmonious government industry, satisfy the people and political entities" (1)
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ARTICLE 3
State of law: Abdul Mahdi told the owners: you and two ministries only in my government
BAGHDAD, Oct. 19 (Xinhua) - The leader of the coalition of state law, Saad al-Mutlaibi, on Friday, the agreement of the leader of the coalition Nuri al-Maliki, with the charge of forming a government, Adel Abdul Mahdi, on the "share of the coalition" of the ministries of the next government, Abdul Mahdi told the coalition by granting only two ministries.
Al-Mutlabi said in a press statement that "the initial words of Abdul Mahdi with us, was that we do not have ministries in the new formation, but he returned and said, you and two ministries. But we do not know which ministries, and who will choose for them. "
"The system of quotas returned to the Iraqi political process, and during the past days, the parties shared the new ministries, without clarifying the fact of who will occupy these ministries, but there is a consensus on the support of Adel Abdul Mahdi and give him the freedom to choose the personalities he finds appropriate.
He added that "the head of a coalition of law Nuri al-Maliki, had met with Abdul-Mahdi, and agreed on the share of the coalition, and that the names of the choice of Abdul Mahdi, without interfering with his will and aspirations and his own view," noting that "some parties reached the stages Advanced, such as the wisdom of Ammar al-Hakim, who said in a statement that his share of ministries will be subject to the disposal of Abdul Mahdi. This means the return of the quota system in a new way. "
Prime Minister-designate Adel Abdul-Mahdi denied on Thursday "false information" published by sites related to candidates for ministerial posts, while stressing that the information is purely "fiction".
The media office said to Abdul Mahdi, that "despite the denial issued on October 10, 2018 from the Office, but some sites are still publishing false information about candidates for ministerial positions and deny it to others and all this is a fantasy and has nothing to do with facts, which we deny in toto" .
He added, "We hope not to rely on any news attributed to the Prime Minister-designate and do not rely on any information not issued by the media office," calling on the media and our people to "accuracy and adoption of official data issued by the Information Office and not deal with information and false news "(1)
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ARTICLE 4
Al-Abbadi's office: There is no truth to the rumors about the existence of deals or illegal transactions
BAGHDAD, Oct 19 (KUNA) - The media office of the outgoing Prime Minister Haider al-Abadi announced on Friday that "there is no truth to the rumors about the existence of transactions or illegal transactions, all the measures carried out by the current government within the administrative contexts in force and subject to controls Legal and regulatory oversight. "
He added that "the government continues to complete and complete investment projects and agree on economic projects and the selection of competent people to take over the management of the joints of ministries and that the current government has the constitutional powers to exercise its functions and the implementation of its duties and the performance of its functions and has the necessary authorities for this according to the Constitution and it continues to exercise and assume their constitutional responsibilities and conduct business and walk Things until the confidence is given by parliament to the next government. "
He added, "Based on this constitutional rule and the legal cover, the Council of Ministers and the various ministries, according to their competence, continue to carry out their role for the implementation and coordination of issues related to security, economic and service matters according to what is planned and subject by the Council of Ministers, whether in the field of completion and completion. Investment projects or provision of services or agreement on economic projects that fall within the jurisdiction of the executive authority to promote various economic and service sectors in accordance with the legal controls in force and pursuant to the text of the Federal Budget Law for the year 2018
"The current government is exercising its duties with regard to the selection of qualified and qualified persons to take over the management of important joints in various ministries and bodies in accordance with the legal controls, especially in positions of responsibility that are vacant or where failure is indicated. In performance and that these steps are part of the government's drive to reform the administrative system of state institutions and improve the performance of government and provide better services for citizens. " End Ah
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ARTICLE 5
Discover a revolutionary treatment of deafness
2018/10/19 15:34
[Ayna-Follow]
Scientists have come up with a new method of treatment that will restore hearing to people with hearing loss.
Scientists at the University of Rochester in New York have discovered a new mechanism to help grow the cells needed to hear again. Viruses, genetics and existing drugs can re-grow small capillaries in the inner ear.
Barillos are the first step in receiving sound, and by nature they do not grow again when they die as a result of age or excessive exposure to loud noise, thus destroying the hearing forever, the Daily Mail reported.
The capillaries move in response to the vibrations, and send them in the form of nerve impulses to the brain, where they are translated into sounds.
Cells inside the inner ear of some animals, such as birds, frogs and fish, can turn into bristles, and a certain protein is thought to be causing them.
"It is funny, but the mammals are the strangest in the animal kingdom when it comes to the growth of capillary cells again," the paper quoted Dr. Jing Yuan Zhang, who took part in the study as saying.
The scientists analyzed the effect of one of these proteins, known as "ERBB2" in capillary cells in newborn mice, while previous studies hypothesized that this protein is linked to the production of capillary cells.
The scientists then studied the effect of viruses related to the production of ERRB2 protein. They also modified the mouse to genetically multiply the protein production and gave it drugs capable of activating the protein, usually used to restore the eye and pancreas cells to grow.
According to the study published in the journal "European Journal of Neuroscience" scientific, these actions led to the return of capillaries to grow significantly.
"Hearing repair is a complex problem and requires a series of cell-related procedures," says Professor Patricia White, who led the study. "Sensory sensory cells, which must function properly, must be reprocessed and connected to the necessary nerve network," she said.
"The research shows a pathway that can be activated in several ways and may represent a beginning to restore hearing," White said.
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