Central Bank of Iraq issued its second edition of the banknotes of the categories of (25000, 10000, 1000, 500, 250) dinars
October 07, 2018
The Central Bank of Iraq issued its second edition of the banknotes of the categories of (25000, 10000, 1000, 500, 250) dinars, stressing that he will continue trading circulation of cash currently traded from the above categories with the new categories without any intention to withdraw from circulation.
This bank shows that the variables on the above categories were as follows ....
For the categories (25000, 10000, 500, 250) JD, it included the writing of the name of the governor instead of signing it in the old version, in line with what is now practiced in other countries. The dates Hijri and Gregorian dates were also amended to date (1440 H-2018 AD).
As the category of (1000) dinars changed the face of the banknote, where the slogan "the inclusion of marshes and the effects of southern Iraq on the list of world heritage," instead of the image of the Islamic dinar in the old design, based on a decision in this regard in addition to writing the name of the governor also instead of signing In the old version and the modification of the Hijri and Gregorian dates to the two dates (1440 H -2018 AD).
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Abadi heads a meeting of the coalition of victory to discuss the formation of the next government
2018/10/07 13:49 224 Editor: Mos
Baghdad today _ Baghdad
Announced the head of the victory coalition in the province of Nineveh Khalid al-Obeidi, Sunday, October 7, 2018, held a meeting of his coalition, in the capital Baghdad headed by outgoing Prime Minister Haider Abadi, to discuss the formation of the next government.
"The Prime Minister Haidar al-Abadi held a meeting with Khaled al-Obeidi and a number of deputies of the alliance victory, and discussed the meeting during the meeting, the talks discussed the formation of the Iraqi government and its national tasks over the next four years in the forefront of providing services to citizens and improve reality Economic and investment to provide the largest number of job opportunities for the unemployed and maintain the unity of Iraq and adopt clear positions to ensure the independence of its political decision and openness to the Arab and Islamic world and international to achieve gains for Iraq and the nation and the people, while providing all possibilities to ensure the continuation Military victories and achieving security and stability for all the Iraqi people. "
The statement added that "the attendees praised during the meeting the achievements of the government achieved during the past four years, first and foremost the liberation of the entire Iraqi territory of gangs and urged to overcome many of the mistakes and disadvantages of the previous phase, primarily re-social harmony and move away from sectarian and racial discourse and rejection of hate speech, A number of politicians for personal gain at the expense of the Iraqi people. "
"It is decided during the meeting, the need to support the process of forming the next government with all the possibilities and stand with it to maintain the gains achieved and continue to overcome the mistakes and negative aspects of the previous stages, especially the fight against corruption and arms inventory by the state and the advancement of economic realities and service and maintain the unity of Iraq and independence of its political decision.
Reform coalition: the new government will be formed before the end of the constitutional period
President Barzani and US presidential envoy discuss the latest developments in Iraq and Kurdistan
07/10/2018 - 13:19
News / Kurdistan
Kurdish leader Massoud Barzani on Sunday received US President Donald Trump's envoy to the International Anti-Da'ash Coalition and US Ambassador to Iraq Douglas Seelman.
The Kurdish leader discussed with the US delegation the latest developments in Iraq and the Kurdistan Region.
"I was pleased to welcome Brit McGregor and the US ambassador to Iraq, in my office today," President Barzani said on his official Twitter account.
The Kurdish leader «We have talked about recent political developments in Iraq and the Kurdistan Region». d
Saleh to the delegation of others: Presidency of the Republic will be for all Iraqis without discrimination
Release date: 2018/10/7 13:06 • 27 times read
The President of the Republic, Barham Salih, received at the Peace Palace in Baghdad on Sunday morning a delegation of Massar faction headed by Nassar al-Rubaie, who in favor of the name of the bloc and its supporters officially took over the presidency.
"The president and members of the delegation confirmed their high confidence in the ability of the president to play an active and vital role to ensure that the next phase is a stage of achieving the constructive change that the Iraqis are waiting for and fulfills their aspirations for progress, security and prosperity," the presidential statement said.
For his part, President Barham Saleh expressed his "deep appreciation for the keenness of Mr. Moqtada al-Sadr on the success of the national project and the formation of a government sponsor of the interests of Iraqis, and expressed his thanks and happiness of the visit and the spirit of support and solidarity expressed by the delegation of others."
Saleh stressed his "strong confidence and hope that the next phase will see a new and effective start for the country towards the exit from the stage of frustration and failure to build the institutions of the modern state, which carries the Iraqi people patience and sacrifices dear to see them come true reality."
The president stressed "the importance of comprehensive cooperation, high coordination and mutual respect between the legislative and executive authorities," stressing that "the presidency will pay serious attention to abide by the constitution and deepen the institutional relations with the government and all state organs and work on legislation of deferred or required laws,
Saleh also stressed that "the presidency of the republic will be for all Iraqis without discrimination," pointing out "the need to embark on constructive action together to promote national unity as the cornerstone of building a modern state capable of meeting the aspirations of the Iraqi people and developing the federal democratic system, In the country and fight corruption and administrative slackness. "
For his part, President Barham Saleh expressed his "deep appreciation for the keenness of Mr. Moqtada al-Sadr on the success of the national project and the formation of a government sponsor of the interests of Iraqis, and expressed his thanks and happiness of the visit and the spirit of support and solidarity expressed by the delegation of others."
Saleh stressed his "strong confidence and hope that the next phase will see a new and effective start for the country towards the exit from the stage of frustration and failure to build the institutions of the modern state, which carries the Iraqi people patience and sacrifices dear to see them come true reality."
The president stressed "the importance of comprehensive cooperation, high coordination and mutual respect between the legislative and executive authorities," stressing that "the presidency will pay serious attention to abide by the constitution and deepen the institutional relations with the government and all state organs and work on legislation of deferred or required laws,
Saleh also stressed that "the presidency of the republic will be for all Iraqis without discrimination," pointing out "the need to embark on constructive action together to promote national unity as the cornerstone of building a modern state capable of meeting the aspirations of the Iraqi people and developing the federal democratic system, In the country and fight corruption and administrative slackness. "
Central Bank: Placing large amounts of currency for small groups
Last updated: 6 October 2018 - 12:56 PM
BAGHDAD - The Central Bank of Iraq announced on Saturday the launch of large quantities of currency for small groups this week. The bank said in a statement that it would "put large quantities of small groups to meet the need for daily transactions and the quality of the material has been improved" "The bank said that" a small change will be made in the new form that will be put forward for trading next week, knowing that the deal will be in the form of new and old together without discrimination. "
Iraq is the second importer of Iranian goods worth more than 4.5 billion dollars
Date of release: 2018/10/7 13:10 • 12 times read
The Iranian Customs Service announced that Iraq had reached the second position as the largest importer of Iranian goods by supplying 9.618 million tons of goods worth 4.564 billion dollars during the period from 21 March to 22 September 2018 with a price increase of 44.58 per cent and a quantity of 45.32 per cent. Year-on-year.
"China topped the list of importers with 13.703 million tons worth 4.633 billion dollars with a price growth of 11.62 percent," according to the data.
The data showed that exports of Iranian goods to the United States fell by 0.8 percent and grew by 33 percent in the six months mentioned and ranked third.
The value of exports of non-oil goods recorded 23 billion and 123 million dollars during the period from 21 March to 22 September 2018, with growth of 13 per cent compared to the corresponding period of 2017.
In the six months, exports amounted to 56 million and 644 tons of goods, down 3.6 percent year-on-year.
In contrast, imports showed $ 22.22 billion during the period from March 21 to September 22, 2018, down 11.93 percent from a year earlier.
The volume of imports amounted to 16 million and 220 thousand tons, down 9.3 million tons from the previous year.
The data confirmed that China, Iraq, the United Arab Emirates, Afghanistan and India topped the importing countries for Iranian goods
The data showed that exports of Iranian goods to the United States fell by 0.8 percent and grew by 33 percent in the six months mentioned and ranked third.
The value of exports of non-oil goods recorded 23 billion and 123 million dollars during the period from 21 March to 22 September 2018, with growth of 13 per cent compared to the corresponding period of 2017.
In the six months, exports amounted to 56 million and 644 tons of goods, down 3.6 percent year-on-year.
In contrast, imports showed $ 22.22 billion during the period from March 21 to September 22, 2018, down 11.93 percent from a year earlier.
The volume of imports amounted to 16 million and 220 thousand tons, down 9.3 million tons from the previous year.
The data confirmed that China, Iraq, the United Arab Emirates, Afghanistan and India topped the importing countries for Iranian goods
Killed and 18 injured in two attacks north of Baghdad
Date: 07 October 2018
At least one person was killed and 14 wounded when an improvised explosive device went off in a bus carrying workers at a small oil refinery in northern Iraq, police said.
Police in Baiji said yesterday that the bus was at a Chinese refinery near the largest Iraqi oil refinery in Baiji in Salahuddin province when it exploded.
Security sources said three civilians and a policeman were wounded in a separate incident when a parked car exploded in a market in the city of Fallujah in Anbar province.
On the other hand, warned the tribal council in Basra, the political blocs and parties from the consequences of forming a quota government as its predecessors, stressing that the Iraqi people will not wait for another four years of failure and corruption and waste and will say his word strongly.
A statement by the council, which includes the majority of the tribes of Basra, yesterday, that the Council invited all political blocs, parties and personalities, as well as the three presidencies (Parliament, the Republic and the government), and called them to move away from imposing solutions to the political settlement sick.
He called on the tribal council in Basra to adopt a new approach in naming ministers within a timetable conditional on their survival and continuity.
After the discovery of Mawazine News Gas stations in Wasit used water with gasoline .. Deputy Governor opens an investigation into the incident
12:18 - 07/10/2018
Baghdad Mawazine News
The deputy governor of Wasit Adel Zarkani investigation of the filling stations fuel using water with gasoline in deliberate fraud revealed details / Mawazine News /, while the local government of the province inspection visit to the filling stations to verify the existence of other cases similar.
The correspondent / Mawazin News / in the province of filling stations fuel mixing with gasoline, which caused a sensation in the province called for the Deputy Governor Adel Zorkani campaign to maintain the maintenance of fuel filling stations.
Activists on social networking sites have circulated a video showing the use of fuel filling stations in Wasit province that uses water instead of gasoline.
is over
The deputy governor of Wasit Adel Zarkani investigation of the filling stations fuel using water with gasoline in deliberate fraud revealed details / Mawazine News /, while the local government of the province inspection visit to the filling stations to verify the existence of other cases similar.
The correspondent / Mawazin News / in the province of filling stations fuel mixing with gasoline, which caused a sensation in the province called for the Deputy Governor Adel Zorkani campaign to maintain the maintenance of fuel filling stations.
Activists on social networking sites have circulated a video showing the use of fuel filling stations in Wasit province that uses water instead of gasoline.
is over
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The National calls for a partnership government in the region .. And the Democratic is firmly
Release date: 2018/10/7 12:46 • 110 times read
(Baghdad: Al-Furat News) called the Patriotic Union of Kurdistan, to form a partnership government in the Kurdistan region, while firmly rejected by the Kurdistan Democratic Party.
There was a sharp row last week between the two Kurdish parties because of the election of President Barham Saleh, a candidate for the National Union "unlike the compatibility with the Democratic."
A statement issued by the leadership council of the National Union after its meeting yesterday evening,
To protect the unity of class and stability and the supreme interests of the people of Kurdistan, "noting that" following the path of responsible dialogue between the Kurdish political parties is the best way to provide a stable ground to address the problems. "
The leadership council of the National Union also stressed the "importance of real partnership in governance and joint responsibility in order to address the problems facing the political process."
He stressed that "the Patriotic Union of Kurdistan will prepare and spare no effort to establish the legitimate rights of the people of Kurdistan and the protection of national unity and improve the living conditions of citizens and achieve the historical goals of the Patriotic Union of Kurdistan."
For his part, announced a leading member of the Kurdistan Democratic Party, on Sunday, that the formation of the provincial government will be according to the election.
"The PUK has received 20 percent of the votes during the parliamentary elections in Kurdistan, and will be the formation of the government on the basis of the election," Ali Awni said in a press statement.
He added that "the National Union to accept his participation in the next government according to the votes obtained, as other parties."
A statement issued by the leadership council of the National Union after its meeting yesterday evening,
To protect the unity of class and stability and the supreme interests of the people of Kurdistan, "noting that" following the path of responsible dialogue between the Kurdish political parties is the best way to provide a stable ground to address the problems. "
The leadership council of the National Union also stressed the "importance of real partnership in governance and joint responsibility in order to address the problems facing the political process."
He stressed that "the Patriotic Union of Kurdistan will prepare and spare no effort to establish the legitimate rights of the people of Kurdistan and the protection of national unity and improve the living conditions of citizens and achieve the historical goals of the Patriotic Union of Kurdistan."
For his part, announced a leading member of the Kurdistan Democratic Party, on Sunday, that the formation of the provincial government will be according to the election.
"The PUK has received 20 percent of the votes during the parliamentary elections in Kurdistan, and will be the formation of the government on the basis of the election," Ali Awni said in a press statement.
He added that "the National Union to accept his participation in the next government according to the votes obtained, as other parties."
Sources reveal what Abdul Mahdi will do in security
07-10-2018 12:45 AM
The president-designate of the Iraqi government, Adel Abdul-Mahdi, intends on Sunday to focus on the security file in his work if he becomes prime minister officially .
Sources told Arab media that 'Abdul Mahdi will raise the checkpoints deployed in the streets of the capital Baghdad, but it will gradually .'
She added that 'Abdul Mahdi will replace checkpoints with surveillance cameras, in addition to the techniques of car tracking and numbering electronically '.
It will depend on technology to reduce organized crime through electronic software and communications technologies.
Iraq announces its gas exports for the third quarter of 2018
Release Date: 2018/10/7 13:23 • 39 times read
(Baghdad: Al-Furat News) The Ministry of Oil, announced the quantities exported of liquid gas and condensate for the third quarter of the current year 2018, according to statistics issued by the Gas Company of Basra.
The spokesman for the ministry Assem Jihad said in a statement received by the agency {Euphrates News} a copy of it, "the quantities exported from the liquid gas amounted to {175.073} thousand metric tons were loaded through 47 export shipments, and the quantities exported condensate has reached { 561,461} thousand cubic meters, were exported through 25 shipments.
Jihad added that "the total quantities were exported through the platforms of the Gas Company of Basra in the port of Umm Qasr."
The Ministry of Oil plans and works with great efforts to invest the gas associated with the oil operations and develop its industry and increase production to cover the local need, as well as exporting surplus quantities to the world markets to increase the financial revenues achieved in the budget of the State, in addition to achieving the financial revenues from the export of crude oil .
It is noteworthy that Iraq occupies second place among the Arab countries in the proven crude oil reserves of about 143.4 billion barrels and fifth place in the gas reserve by about 3.69 trillion cubic meters, and by 1.89% worldwide, according to the annual statistical report of the Organization of Arab Petroleum Exporting Countries (OAPEC) Last September
Jihad added that "the total quantities were exported through the platforms of the Gas Company of Basra in the port of Umm Qasr."
The Ministry of Oil plans and works with great efforts to invest the gas associated with the oil operations and develop its industry and increase production to cover the local need, as well as exporting surplus quantities to the world markets to increase the financial revenues achieved in the budget of the State, in addition to achieving the financial revenues from the export of crude oil .
It is noteworthy that Iraq occupies second place among the Arab countries in the proven crude oil reserves of about 143.4 billion barrels and fifth place in the gas reserve by about 3.69 trillion cubic meters, and by 1.89% worldwide, according to the annual statistical report of the Organization of Arab Petroleum Exporting Countries (OAPEC) Last September
Iraq launches Social Fund to Fight Poverty
7th October 2018 in Healthcare, Iraq Banking & Finance News, Iraq Education and Training News, Iraq Industry & Trade News, Iraq Public Works News, Politics
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.
The Iraqi Ministry of Planning announced the launch of the Social Fund for Development on Sept. 23, with initial capital of $300 million, in cooperation with the World Bank.
The project aims to improve the living conditions of Iraq’s poor. High poverty rates in Iraq have led to repeated protests for 15 years calling for improving the standard of living and for more employment opportunities. These protests have resulted in dozens of deaths and injuries.
A May 2018 World Bank report noted that Iraq’s population of 38.5 million sits at the poverty line with a poverty rate of 22.5%. The spokesman for the Iraqi Ministry of Labor and Social Affairs, Ammar Menem, told Al-Monitor that this high rate is due to “exceptional security conditions ensuing from the war and its costs, as well as to the slump in oil prices. This resulted in the cessation of funding of projects for the rehabilitation of unemployed persons, a lack of investment projects and faltering economic growth.”
Al-Asaib: Any independents in the next government will fail and the parties will not support a government from outside
2018/10/06 22:40 917 Editor: hr
Baghdad today - Baghdad
A member of the Building Alliance, MP from the Sadiqoun parliamentary bloc, said on Saturday (October 6, 2018) that any independents in the next government will fail, pointing out that the political forces will not support a government from outside.
"Any independent in the next government will fail because they proved their failure to experiment," Abboudi said in a press statement.
"If the prime minister chooses his government outside the parties, who will support it?" He added.
He pointed out that "the prime minister will be absolute in the installation and dismissal and accountability of his ministers in the next government."
Al-Aboudi's comments come in conjunction with the call by Sadr's leader Moqtada al-Sadr to form a technocrat government far from quotas and party candidates, through which he explicitly expressed his refusal to hand over the defense and interior ministries to party candidates.
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.
Sadr Calls on Newly Appointed PM to Keep Security Posts in His Hands
BasNews
06/10/2018 - 20:31
Iraq
Sadr Calls on Newly Appointed PM to Keep Security Posts in His Hands
Sadr Calls on Newly Appointed PM to Keep Security Posts in His Hands
ERBIL - Iraqi Shi'ite cleric Muqtada al-Sadr's, head of Sa'eroun Alliance and winner of the May election, has called on the newly designated as prime minister, Adil Abdul Mahdi, to keep the ministries of defense and interior in his hands and not hand them to any of the political parties.
In a statement on his Twitter account, Sadr noted that the security posts and other key posts should go to "independent technocrats" based on their background and related qualifications.
The Iraqi official said that all political faction have the right of leading the parliament committees, but, he argued, the people's interests should be prioritized regardless of any sides' religious or ethnic backgrounds.
Political objection to the extradition of Abadi any ministry in the government of Abdul Mahdi
06-10-2018 02:43 PM
The Euphrates -
The alliance of Fatah, led by Hadi al-Amiri, on Saturday, there is a political objection to the extradition of outgoing Prime Minister Haider Abadi any ministry in the government of Adel Abdul Mahdi.
The leader of the coalition MP Amer al-Fayez in a press statement that 'of the conditions of Prime Minister-designate Adel Abdul-Mahdi not to choose any personality tried previously and proved to fail, and many political parties believe that the outgoing Prime Minister Haider Abadi will not succeed and failed to perform his work, Will not be given any ministry in the new government '.
"There is a great political objection to the nomination or giving of Abbadi any ministry in the government of Adel Abdul Mahdi expected, being an experienced who did not succeed in their government functions."
The coalition of victory, on Friday, the offer of positions described by many on the leader of the outgoing Prime Minister Haider Abadi in the new ministerial cab.
A coalition leader, who asked not to be named, said that 'political parties offered to Abadi a lot of positions, after his departure from the prime minister, and among those positions the Ministry of Foreign Affairs of the next government, because of his international relations'.
He added that 'Abadi to this moment did not respond to these offers, he is studying it, and can accept the ascendancy of any ministry can be refused, without giving further details.
The new President of the Republic Barham Salih, Prime Minister-designate Adel Abdul-Mahdi to form a new government within thirty days, after a decision by political parties not to renew the presidency session of Haidar Abadi.
Former Pentagon official: Iraq is a model in resolving religious conflicts
Editorial Date: 2018/10/6 13:30 • 171 times read
"The Iraqis have come up with many solutions that have enabled them to get rid of sectarian and sectarian tensions and to win over the terrorist," said Michael Rubin, a strategist at the American Enterprise Research Institute and former Pentagon official Michael Rubin.
"Neighboring countries should take Iraq as a lesson and a positive model for resolving religious conflicts that threaten millions in Syria, Yemen, Bahrain, Afghanistan, Saudi Arabia and Lebanon," Rubin said during his speech at the Fifth International Festival of Sacramental Sacraments.
"Some officials have taken cover of religion in many cases," he said. "The religion remains above and beyond politics."
The American researcher pointed out that "Shiism is not the problem between sects and religions, nor is it a problem at any time and place, but it brings wisdom to the wise figures and leaders it manages."
The strategic researcher at the American Enterprise Institute for Public Policy Research and former Pentagon official Michael Rubin arrived in the city of Karbala yesterday to participate in the activities of the festival of the fifth international hymns of the holy threshold of Husseiniya.
"Some officials have taken cover of religion in many cases," he said. "The religion remains above and beyond politics."
The American researcher pointed out that "Shiism is not the problem between sects and religions, nor is it a problem at any time and place, but it brings wisdom to the wise figures and leaders it manages."
The strategic researcher at the American Enterprise Institute for Public Policy Research and former Pentagon official Michael Rubin arrived in the city of Karbala yesterday to participate in the activities of the festival of the fifth international hymns of the holy threshold of Husseiniya.
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CNN
CNN
Six synthetic flavors were removed from the list of safe food additives due to potential cancer risk, while a seventh was pulled because it is no longer used by industry, the FDA announced Friday. Read the full story
A Keto Diet Challenge Might Be The Best Way To Kick-Start Your Weight Loss
Women's Health
I'm always up for a challenge... Read the full story
This chart explains why Americans are so angry about health care
Vox
And why they’re becoming more open to the idea of single-payer. Read the full story
Type-2 diabetes signs 'detectable years before diagnosis'
BBC News US
The findings suggest interventions to stop type-2 diabetes should begin earlier in life, experts say. Read the full story
The Worst Nutrition Advice That Dietitians Want You to Stop Following ASAP
POPSUGAR
POPSUGAR
It seems like nutrition advice is constantly evolving. First fat was unhealthy, then it was good again. Egg yolks were deemed bad for your heart, but now we can eat them again. Some people eat a strict Paleo diet, while others forgo animal products and eat entirely plant-based. Grains, gluten, and s ... Read the full story
Rock legend Tina Turner contemplated death as her kidneys failed but was given a new lease of life after her husband donated one of his own, the singer has revealed. Read the full story
Shared from Apple News
USA / CANADA
US jobless rate hits 49-year low of 3.7%
BBC News US
The US jobless rate falls to 3.7% in September, the lowest level since December 1969. Read the full story
Why retirees' tax rates may be higher than they expect
CNBC
You may retire, but the IRS won't. Even though you're no longer drawing down a paycheck, you could face taxes on your Social Security retirement income and higher premiums. Here's what you should know. Read the full story
Final tweaks in North American trade deal keep lid on e-commerce
Reuters
Last-minute changes to a new North American trade deal sank U.S. hopes of making Canada and Mexico allow higher-value shipments to the countries by online retailers, such as Amazon.com, a top Mexican official said on Friday. Read the full story
US actively considering waivers on Iran oil sanctions
The United States is "in the midst of an internal process" of considering sanctions waivers for countries that are reducing their imports of Iranian oil, a U.S. government official said on Friday.
Read more: https://www.cnbc.com/2018/10/
EMERGING MARKETS
U.S. Stocks Are Dangerously Overvalued: Time To Buy The Emerging Markets
Forbes Magazine
At some point the fashionable sector (i.e. U.S. stocks) becomes deeply unfashionable and the out-of-favor sector (i.e. emerging markets) once again finds itself intensely appreciated. As surely as wide neckties and narrow ones trade places in the fashion hierarchy, so do major asset classes. Read the full story
A New Multifactor Emerging Market ETF on the Block
Zacks Investment Research
John Hancock Investments issues a new multifactor emerging market ETF. Read the full story
Vulture Funds Stand to Make Millions in Wake of Hurricane Maria
The Intercept [feature-1]
Vulture funds scooped up hundreds of millions of dollars worth of Puerto Rican debt after Hurricane Maria hit. Read the full story
Puerto Rico creditors end opposition to bank debt restructuring
Business Insider
By Luis Valentin Ortiz SAN JUAN (Reuters) - Puerto Rico's unsecured creditors will drop their opposition to a deal to restructure roughly $4 billion of debt issued by the U.S. commonwealth's defunct Government Development Bank (GDB), under an agreement revealed on Friday. During a U.S. District Court hearing, lawyers for the government, the unsecured creditor committee (UCC) and Puerto Rico's federally appointed financial oversight board announced the agreement. This advances the island's first Read the full story
MIDDLE EAST
Hamas leader to Israeli newspaper: war 'not in our interest'
ABC News
The leader of the Islamist militant group Hamas tells an Israeli newspaper that another war in the Gaza Strip is "definitely not in our interest" Read the full story
As Gaza worsens, Palestinian leader controls fate of US plan
ABC News
Palestinian President Mahmoud Abbas has been sidelined, isolated and humiliated by the U.S. But the embattled Palestinian leader may still control the fate of the White House's long-awaited vision for Mideast peace Read the full story
Israel's prime minister questioned again in corruption probe
Reuters
Israeli police questioned Prime Minister Benjamin Netanyahu for the 12th time on Friday in connection with a long-running corruption investigation. Read the full story
UN agency vows to maintain Jerusalem services
ABC News
ABC News
U.N. agency for Palestinian refugees vows to continue operations in Jerusalem despite Israeli plans to remove it Read the full story
Saudi crown prince says sovereign wealth fund will surpass $600 billion target by 2020
Saudi Arabia's Crown Prince Mohammed bin Salman said the kingdom's main sovereign wealth fund (PIF) will surpass its target of increasing its financial clout to $600 billion by 2020, as part of the efforts to wean economy off oil.
Saudi crown prince says IPO for oil giant Aramco will happen by early 2021
Saudi Arabia's king in waiting says the stock market debut for the kingdom's oil giant Aramco will go forward by early 2021.
Read more: https://www.cnbc.com/2018/10/
AFRICA
Zimbabwean changes money transfer tax from flat rate to US$ 0.02 per US$
FurtherAfrica
The government has raised statutory taxes on mobile money and electronic transactions, New Zimbabwe reported. New Finance and Economic Development Minister Mthuli Ncube announced a USD 0.02 tax per US dollar on electronic transactions. He ordered the review of the Intermediated Money Transfer Tax, which used to be charged at USD 0.05 per transaction regardless of volume, effective 1 October. Read the full story
Lafarge Zimbabwe blames market shortage of foreign currency exchange issues
FurtherAfrica
Edith Matekaire, the commercial director of Lafarge Zimbabwe, has blamed a backlog of foreign currency exchange as the cause of a shortage of cement. The US$2m backlog has caused plant maintenance shutdowns to take longer than they normally would, according to the Herald newspaper. Due to the lack of adequate funding, the shutdowns have been forced to take place during periods of peak production, causing effects in the market. Read the full story
Zimbabwe's dingy trains mirror economic decline
Reuters
Dark, dirty and slow, Zimbabwe's trains, like much else in the impoverished southern African country, have seen better days. Read the full story
Zimbabwe: Govt Okays Traditional Medicine for Cancer Patients
AllAfrica
Health and Child Care Minister Obadiah Moyo says government will not stop any cancer patient from turning to traditional medicine on top of the clinical treatment they were receiving from public health institutions. Moyo was speaking at the Senate Thursday while responding to a question by Chiefs Council President Fortune Charumbira. "We hear that there is traditional medicine that assists in treating cancer," Moyo said. "We also hear that there are herbs that assist. What happens with cancer is Read the full story
Zimbabwe: World Warming Up to Zimbabwe - Mnangagwa
AllAfrica
(Photo: Joseph Nyadzayo/The Herald) President Mnangagwa yesterday said Government is encouraged by the positive responses from the re-engagement process, which seeks to reintegrate the country into the family of nations. The President said this while officially opening the 7th edition of the Zimtrade Exporters' Conference in Harare which ran under the theme: "Accelerating export growth for sustainable economic development." The President implored local companies to take advantage of the Read the full story
ASIA
India Will Buy Weapons from Russia and Oil from Iran, Ignoring U.S. Warnings
Newsweek
India is defying U.S. sanctions by buying Russia's S-400 surface-to-air missile system and is increasing its imports of Iranian oil. Read the full story
China Responds Angrily to Mike Pence Claims It Is Interfering in US Elections
Newsweek
Ties between China and the U.S. are at a low. Read the full story
As US turns up heat on China, trade war moves beyond tariffs to new battlefronts
South China Morning Post
A lull in the trade dispute amid heightening anti-China rhetoric suggests a shift in strategy, as the Trump administration weighs economic and military sanctions Read the full story
North Korea looks to get China, Russia on side before denuclearisation talks with US
South China Morning Post
Pyongyang’s vice-foreign minister Choe Son-hui to hold talks in Beijing and Moscow, Korean Central News Agency says Read the full story
France raises questions over disappearance of Interpol chief who traveled to China
France is puzzled by the disappearance of Interpol president Meng Hongwei, reported missing after travelling from the country to his native China, and is concerned about threats received by his wife, the Interior Ministry said on Friday.
Read more: https://www.cnbc.com/2018/10/
EUROPE
German minister presses for swift EU trade accord with U.S
Reuters
The United States and the European Union must quickly flesh out their aim of cutting trade barriers, German Economy Minister Peter Altmaier said ahead of an EU trade meeting on Friday. Read the full story
Britain’s roiling Brexit crisis, explained
Vox
Vox
The EU and UK still need to make a deal — and the March 2019 deadline is getting closer. Read the full story
The European Court of Justice has set a Nov. 27 date for a hearing to decide whether Britain's parliament can unilaterally change its mind on Brexit, a legal source told Reuters, adding that the case is moving fast. Read the full story
EU Watchdogs Step Up Plans to Avert Market Meltdown from No-Deal Brexit
Insurance Journal
After months listening to the U.K. warn about the risks posed by a no-deal Brexit, European Union financial regulators are now stepping up plans to avert a market meltdown. Daniele Nouy, the European Central Bank’s head of supervision, set an assuring tone on Thursday when she said the ECB is “ready to help ensure a smooth Brexit — no matter the outcome of the political negotiations.” And she’s not alone. The EU’s top markets cop called on Brussels to guarantee that the bloc’s banks don’t lose Read the full story
Italy should implement reforms and austerity policies, candidate to top EU job says
Alexander Stubb, the Europhile former prime minister of Finland who has experience co-governing with populist parties, is now running to become the next Euroepan Commission president.
What's behind Italy's economic turbulence?
BBC News US
The controversy surrounding the Italian government's spending plans has led to more nervousness on the financial markets. Read the full story
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 160,581,539
There are 2 news and announcements.
1.Withdrawal of the license of Al-Sarmad Company to broker the sale and purchase of foreign currencies
Document in Arabic
2. Contractors Receivables Table (Ministry of Higher Education, Ministry of Education and Maysan Governorate)
Contractors' Receivables Table (Ministry of Higher Education, Ministry of Education and Maysan Governorate) ...
October 07, 2018 Contractors Receivables Table (Ministry of Higher Education, Ministry of Education and Maysan Governorate) ... Click here to download
Contractors' Receivables Table (Ministry of Higher Education, Ministry of Education and Maysan Governorate) ...
October 07, 2018 Contractors Receivables Table (Ministry of Higher Education, Ministry of Education and Maysan Governorate) ... Click here to download
Value Traded:
216,566,838
Shares Traded
470,187,844
ISX ended in Red
Kauaihn Chatter:dd
10-7-2018 Newshound Guru Bloodloch ...I do not believe this will be a float taking years to achieve par with the dollar, so be of good cheer...not going to post details yet. Stand by.
10-6-2018 Newshound Guru Kaperoni [Hearing you say soon is surprising...] Opening up the banking system to engage with the world's financial system along with floating the dinar is top priority. No private sector or investment will start until such happens. I am very hopeful. [refeence Kaperoni post 10-6-2018]
10-6-2018 Intel Guru Delta Article: "We plan to restructure the Iraqi currency including deleting zeros" FYI...DELETE ZEROS WILL BE FROM EXCHANGE RATE ...3 ZEROS NOTE WILL PHASE OUT ...
10-6-2018 Intel Guru RayRen98 Iraqi TV reports PM Abadi informing the citizens that economic reforms could not be completed during his tenure due to security concerns with ISIS and the slowly progressing political issues. Both are now resolved and the new incoming Prime Minister should have no problems completing the task. Also on Iraqi TV is the message that political blocks have already submitted their candidate-selects to fill government posts to the Prime Minister-Designate projecting completion of assignments before the 30-day window expires. US Banks are sharing excitement of probable preparations for the first-of-the-week type of activity! ...Everything appears to moving at record speed compared to the past, can't wait to hear what happens the rest of this weekend!
10-6-2018 Intel Guru Delta Article: "We plan to restructure the Iraqi currency including deleting zeros" FYI...DELETE ZEROS WILL BE FROM EXCHANGE RATE ...3 ZEROS NOTE WILL PHASE OUT ...
10-6-2018 Intel Guru RayRen98 Iraqi TV reports PM Abadi informing the citizens that economic reforms could not be completed during his tenure due to security concerns with ISIS and the slowly progressing political issues. Both are now resolved and the new incoming Prime Minister should have no problems completing the task. Also on Iraqi TV is the message that political blocks have already submitted their candidate-selects to fill government posts to the Prime Minister-Designate projecting completion of assignments before the 30-day window expires. US Banks are sharing excitement of probable preparations for the first-of-the-week type of activity! ...Everything appears to moving at record speed compared to the past, can't wait to hear what happens the rest of this weekend!
10-6-2018 Newshound Guru Kaperoni ...there is no overnight event. Never will be. I guess all i can do is keep educating. If for no other reason people should understand the CBI would never spend the money to replace the currency unless they expected it to be in circulation for a while. That in itself tells you there is no single overnight RV RI going to happen...I do fully expect the dinar to go up in value, but not overnight. As stated in numerous articles going back years it could take two to three years to delete the zeros. In other words it's a gradual appreciation over time. The good news is I do expect it to start soon. Because Iraq needs to move out of Article XIV and into Article VIII to send a message to investors and the global financial system that they are open for business and as a result of that transition will need to float the currency...as the dinar gradually rises in value over time more emphasis will be on lower notes so having quality notes in circulation supports that.
10-6-2018 Intel Guru Delta NEW...OUT AS OF THURSDAY...250... 500... 1000.
10-6-2018 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq announced the issuance of quantities described as large on small currencies for daily transactions." This has been brought to my attention and it is dated yesterday! Not sure about the source, but, this says coins...Next week... A statement by the bank said that it would introduce large quantities of small categories to meet the need for daily transactions. The quality of the material used has been improved, as well as a small change in the new format that will be presented for trading next week. He said the deal would be done in a new and old form, without discrimination...
10-6-2018 Newshound Guru Bloodloch "The 1, 5, 10, 20, 100, etc., notes are to be new, as will be the coins." - Newshound Guru MilitiaMan. Head of nail meet hammer. My own guess would be 100, 50, 25, 10, 5 and 1, as I surreptitiously suggested Oct 1st ...but now I'm just splitting hairs. Why those denominations? Easy, because they match 100,000, 50,000, 25,000, 10,000, 5,000 and 1,000 but without the triple zeros. Did I mention it was simple? I think I mentioned that. As our friend Randy [Gru Randy Koonce] likes to say... Breathe. Change can be a scary thing, but if they're doing what I think they're doing, I'll be able to explain how it's going to work, and why it's going to work, and even how quickly I believe it will work, but not until they actually step forward and initiate it. There is still a hidden aspect to it that won't be evident until after it starts. The ball is definitely in their court.
10-6-2018 Intel Guru Delta NEW...OUT AS OF THURSDAY...250... 500... 1000.
10-6-2018 Newshound Guru MilitiaMan Article: "The Central Bank of Iraq announced the issuance of quantities described as large on small currencies for daily transactions." This has been brought to my attention and it is dated yesterday! Not sure about the source, but, this says coins...Next week... A statement by the bank said that it would introduce large quantities of small categories to meet the need for daily transactions. The quality of the material used has been improved, as well as a small change in the new format that will be presented for trading next week. He said the deal would be done in a new and old form, without discrimination...
10-6-2018 Newshound Guru Bloodloch "The 1, 5, 10, 20, 100, etc., notes are to be new, as will be the coins." - Newshound Guru MilitiaMan. Head of nail meet hammer. My own guess would be 100, 50, 25, 10, 5 and 1, as I surreptitiously suggested Oct 1st ...but now I'm just splitting hairs. Why those denominations? Easy, because they match 100,000, 50,000, 25,000, 10,000, 5,000 and 1,000 but without the triple zeros. Did I mention it was simple? I think I mentioned that. As our friend Randy [Gru Randy Koonce] likes to say... Breathe. Change can be a scary thing, but if they're doing what I think they're doing, I'll be able to explain how it's going to work, and why it's going to work, and even how quickly I believe it will work, but not until they actually step forward and initiate it. There is still a hidden aspect to it that won't be evident until after it starts. The ball is definitely in their court.
10-6-2018 Intel Guru Frank26 This has been a masterful plan. It’s been right along with what we call the FAB4, you know, the IMF, the United States Treasury, and the World Bank, and they are now reporting to the BIS, and saying...this is what we’ve got...We have a date, and we work with them, we are ready to go. ...they are going to start pumping small categories into the markets gradually ending the crisis. No kidding! THIS IS THE RI!!! THIS IS THE RV!!! ...Sounds like a good plan...
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
Tweet posted on Government of Iraq twitter account:
Government of IraqVerified account @IraqiGovt 10-6-2018 around 9 am Eastern
Iraq’s Ministry of Oil announces the start of gas production at Nasiriyah oil field in Dhi Qar province in southern Iraq which will be used to supply power stations in the province
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ARTICLE 3
The appearance of Mohammed Saleh launches the title "Nelson Mandela Asia" to Abadi
BAGHDAD, Oct. 6 (Xinhua) - The appearance of Mohammed Salih, the economic adviser to the prime minister, gave the title of "Nelson Mandela Asia" to Haider al-Abadi, revealing the reasons that prevented him from implementing his reform program.
Saleh said in an article published on his Facebook page: "It is my right today to disclose my point of view in a fundamental matter did not come out in its content and its fundamentals of dealing with two major obstacles faced the reform program of Dr. Haider Abadi since it was announced on 9 August 2015.
He explained that "the first obstacle represented by the security crisis that hit the country and embodied by the terrorist Daheshi and the second is the severe financial and economic crisis, which narrowed the way of life and development in Iraq. If we add the political crisis and the continuing divisions in political democracy, it will be a third obstacle, one of the most difficult and complex obstacles. "
Saleh added: "There is only one path left to the man who led the battle of war with a high level of disobedience and denial, in the implementation of his reform program, radical change to face the constraints of reform and to face difficult decisions in the radical transformation of the constitutional political system towards the radical left. 7 August 2015 (revolutionary legitimacy)? ".
In the era of war management, managing the odds and economic scarcity, can the constitutional coup against parliamentary democracy be adopted by embracing the radically radical Third World curricula of the last century as exceptional models in the administration of power and governance in Asia and Africa? And Latin America and ended most of the failure? ", Noting that" the march of the political system towards the abolition of constitutional principles brought by the democratic ballot boxes, has remained taboo or taboo, which the Prime Minister as the principles of national democratic action and the rise of origin Living in a very complex and fraught with constraints and challenges. "
"The political results of such reforms in the reform process have become fundamental in terms of the unity of the country after liberating it from terrorism and preserving the democratic horizon in building the future of the Iraqi nation and looking forward to reconstruction and reconstruction in the political economy of peace we are living today," he said.
He pointed out that "these principles were merged in the difficult and harsh conditions and before the liberation of Mosul tools of work effectively and denial of high, forced all those in the management of the state to be accurate and overcome the unsecured accounts threatened by terrorism Daashi, which holds about 40% "He said.
"Today, in a very dynamic and complex environment, Dr. Haydar al-Abadi is a broad-minded political leader in his priorities in managing the civil and military affairs of the country, and he challenges two major constraints: reform and the war on terror," he said.
He pointed out that Abadi "is not a man of political coups or aspires to power or exclusivity, it is a kind of political leadership born of the womb of democracy and lived the hopes and aspirations and maintained its identity, despite the fragility of that experience and problems in a country that has not been democratic for decades and has a track record Individual judgment ".
The writer added: "Dr. Haider al-Abadi has held a rare national leader of democracy and led its principles with a wide circle of responsibility and courage and bear the hardships and practical fields thorny, whether military or civilian, to achieve the idea of peaceful transfer of power with democratic tools themselves and in accordance with the Constitution."
He pointed out that "the Iraqi political model proved its ability to take its role in transferring political dynamism and maintaining its permanence with success and tranquility and turning it from the tribulations of terrorism to perpetuating the victory of war and overcoming economic difficulties and reaching the country to the extent of its unity and preserving its sovereignty and the dignity of its people as a method of change without abandoning principles. Democratic reform ").
"He was a man who lived in the post-liberation era to consolidate the philosophy of a peaceful transition of power, and he truly practiced it with the courage of the great leaders in word and deed. Thus, the national history of Iraq recorded that Dr. Haider al-Abadi remained a national political leader and a man of state of the firm-calm type and courageously carried the men of peace and democracy in one basket and a rare political vision that the modern Third World countries did not pledge in their embrace of parliamentary democracy and the peaceful transfer of power, .
Saleh said that Abadi "lived a fighter defending his lofty principles during the past difficult years of Iraq and the country has devised paths drawn by bloody war maps to put Iraq on the path of peace and the maintenance of democracy while at the same time holding the unity of Iraq for the well-being and prosperity of its people."
"As a witness to history, Dr. Haider al-Abbadi (when half of the Iraqi political leaders) embodied the personality of the African fighter Nelson Mandela, but on another continent: the democratic Asia," he concluded.
*************
ARTICLE 4
Fatah: Adel Abdul Mahdi told us that his cap would include reducing the number of ministries to 15 ministries
BAGHDAD - October 6 - Iraq's Prime Minister-designate Adel Abdul-Mahdi told the political blocs his intention to reduce his cabinet, the alliance announced on Saturday.
The coalition, said that "the Prime Minister-designate Adel Abdul-Mahdi, told the political blocs in the coalition of construction and reform, his intention to reduce the ministerial cabin from 22 to 15 bag or Madon and by merging some ministries that are similar in their work and near their specialties, the most prominent ministries of electricity and oil to be called the Ministry of Energy And that most of the political blocs agreed on the proposal "on his cheek, noting that" the reduction process will pay to reduce the quotas of political blocs of the ministries and amend the system of calculating points. "
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ARTICLE 5
Huge numbers .. Salary of each deputy and protect him in the month and year and the parliamentary session
2018/10/6 10:01
[Ayna-Baghdad]
A member of the House of Representatives revealed the list of the Kurdistan Islamic Group Ahmad Haj Rashid, for each deputy receives during the month.
Rashid said in a press statement that "according to resolution 282 issued by the Iraqi government, the salary of the parliament is equal to the salary of the minister and regulated by law and receive 7 million and 600 thousand dinars per month."
"He also receives a monthly member of the Parliament of the amount of 17 million dinars as salaries to the members of his protection is placed directly in his bank account, which is distributed to members of the protection."
"Each member of parliament has 16 members of the protection, with a total salary of 17 million dinars, and with his salary, the total of the parliamentarian receives more than 24 million dinars.
And the calculation process based on the figures said by the MP, the total of the members of the House of Representatives of the [329 deputies] at this session, two billion and 500 million and 400 thousand dinars per month [329 number of deputies in the 7600000 dinars monthly salary].
The number of members of the House of Representatives - according to the words of Deputy Rachid also - reaches 5264 elements, [16 members in 329 deputies], and each of them receive the 16 allocated to the deputy one - according to the words of Deputy - Rashid, two million and 62 thousand and 500 dinars.
In other words, the total number of members receiving the protection of deputies [5264] per month is five billion and 593 million dinars.
And by collecting the salaries of members of parliament and their protectors, the allocation allocated to them from the state budget monthly is 8 billion and 93 million and 400 thousand dinars.
In this calculation, it is allocated annually to 97 billion and 120 million and 800 thousand dinars, and since the age of the parliamentary session is equivalent to 4 years of legislative, the total of these salaries for deputies and protect them 388 billion and 438 million and 200 thousand dinars.
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