Thursday, October 18, 2018

WOTS Thursday 10/18/18

WOTS Thursday 10/18/18




WOTS Thursday 10/18/18:
 
Forex Rates: 
 
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,167.2000  1,219.3000 1,171.9000 1,167.2000 1,171.9000  -4.7000 07:06
 USD/VND  23,001.3000  23,695.9000 23,312.5000 23,001.3000 23,090.7000  -89.4000 07:06
 USD/CNY  6.9375  6.9395 6.9399 6.9249 6.9265  0.0110 07:26
 USD/KWD  0.3021  0.3041 0.3028 0.3021 0.3025  -0.0004 07:36
 GBP/USD  1.3112  1.3112 1.3130 1.3078 1.3101  0.0011 07:37
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  15,190.0000  15,190.1000 15,263.5000 15,153.3000 15,263.5000  -73.5000 07:35
 
CNBC Link:  
 
 
CNBC Morning Squawk Link:
 
No link yet
 
DC NY Iraq Articles:dd
 
 
The winner of the Murad: Abdul Mahdi, the majority of the names of his government, and will be presented on Monday or Tuesday 
 
Thursday 18 October 2018 - 11:05 p
 

The expected member of the House of Representatives Amer the winner to present the Prime Minister-designate Adel Abdul-Mahdi, his ministerial cabinet during the parliamentary session scheduled to be held on Monday or Tuesday of next week, referring to the resolution of Abdul-Mahdi, the majority of candidates nominated for ministerial positions in the new government.
 
The winner of the Murad said that Abdul Mahdi remained only to overcome some of the obstacles that hinder the process of forming the government, which he said it is simple problems can be resolved in the coming days, pointing out that in the event of overcoming these obstacles will be Abdul Mahdi on the parliament cabinet cabinet completed.  

PM Barzani, Adil Abdul-Mahdi Discuss Iraqi New Government Formation

The pair, according to a statement by Barzani's office, also stressed on resolving the remaining issues between Erbil and Baghdad in accordance with the Iraqi Constitution.
Barzani and Abdul-Mahdi noted that the new cabinet should be able to meet the expectations of all Iraqi people and their constitutional rights.
 
 
US sanctions on a money exchange company based in Iraq on suspicion of links Badash 
 
Politics, security and economy 
 
Thursday, October 18 2018 - 12:02 p

US State Department logo
 
BAGHDAD (Reuters) - The US Treasury Department announced sanctions on an Iraqi-based exchange company on suspicion of links to a terrorist group, Reuters reported.
 
 
Iraq exports 3.6 million barrels of oil per day
 
 
 
2018-10-18
 
Baghdad-Sana
 
Iraqi oil minister Jabbar al-Luaibi said that his country's current oil exports amounted to 3.6 million barrels per day from the ports of the south of the country, the highest export rate achieved by Iraq since 2003.
 
Al-Allaibi said during a conference to discuss the reality of work and the conditions of workers in the oil sector that this great achievement achieved by workers in the oil sector in the national effort and within a short period of time and under abnormal circumstances and challenges.
 
Minister Al-Allaibi pointed out that the ministry plans to increase exports during the first quarter of next year 2019 to 4 million barrels per day of ports and loading platforms in the south of the country.
 
Al-Luaibi revealed that the Iraqi government required foreign oil companies operating in Iraq to have 80 percent of its employees exclusively Iraqis in order to address the rampant unemployment among the labor force in Iraq. 
 

Macaron to Abdul Mahdi: We want to work together to rebuild Iraq
 
 
18-10-2018 10:28 AM  Baghdad / News
 
French President Emmanuel Macaron on Thursday expressed his desire to work with Prime Minister-designate Adel Abdul-Mahdi to rebuild Iraq .
 
"My message to the prime minister in charge of forming the new Iraqi government, a person who speaks French well and I say to him: 'We hope to work together to rebuild Iraq,' McCron said at a press conference held at the Brussels summit of EU leaders.
 
"We also hope that we can also work in all areas, especially humanitarian and political ones.
 
 
 
Hakim's movement decides to make the government's entitlement at the disposal of Abdul Mahdi
 
 
October 17, 2018
 
Baghdad - Journal News
The National Wisdom Movement announced on Wednesday its decision on its entitlement to the next cabinet.
"We are keen on the success of the new government and in line with our conviction that we need full support and sufficient space for Prime Minister-designate Adel Abdul-Mahdi to form his ministerial team and implement the vision of the government, which we wish success and success at all levels and levels," the statement said.
"The National Wisdom Movement has decided to leave the option of the Prime Minister in charge and to make our government entitlement at his disposal in terms of the Ministries of the National Wisdom Movement and its locations, and to choose the ministries and ministers that he deems suitable for his Cabinet, with the full support and support of the coming government. He sees fit for the future government and its success. "
"We will remain supportive supporters, we hope to achieve the aspirations of the masses in this delicate circumstance of the life of our dear Iraq" d 
 
Reveal the nomination of Haider Abadi as first deputy to Adel Abdul Mahdi 
 
 
Wednesday, 17 October 2018
 
Baghdad - Arabs today
 
A leading figure in the Alliance for Reform and Reconstruction, on Wednesday, the existence of mobility within the coalition, with the aim of nominating the outgoing Prime Minister, Haider Abadi , first deputy prime minister, Adel Abdul Mahdi .
 
The leader said that there are movements and calls for the purpose of nominating Abadi, first deputy prime minister, so that he will have a bond and help, especially for his experience in the field of his work over the past years, according to the views of some political forces in the Alliance of Reform.
 
The leader of the reform alliance that "this movement did not come out publicly and was not raised formally, it is under discussion between the political forces within the coalition, after the final agreement, will be put formally, and the disagreement means not to nominate Abadi to this position, and perhaps to other positions Also".
 
It is noteworthy that Abbadi issued decrees in the summer of 2015 abolishing the posts of vice presidents and prime minister, as part of a series of reforms announced by the government after demonstrations in the country in protest against corruption and lack of public services.
 
 
 
Canadian Ambassador to Iraq calls for strengthening relations between Ottawa and Erbil in administrative and political fields
 

Roudao - Erbil
 
During his meeting with President Massoud Barzani, the Canadian Ambassador to Iraq, Paul Kipard, called for joint cooperation and strengthening relations between his country and the Kurdistan Region in the administrative and political fields.
 
The official website of President Barzani said he had received President Massoud Barzani on October 17, 2018 in Salahuddin, Powell's new Canadian ambassador to Iraq, and Nancy Perkirn, the Canadian consul in Erbil.
 
"At the beginning of the meeting, the Canadian ambassador, who is the first Canadian ambassador to Iraq since 1991, offered his congratulations to President Barzani on the success of the Kurdistan Regional Elections and the victory of the Kurdistan Democratic Party List, stressing the special importance of the Kurdistan Region in his country.
 
According to the website, the Canadian ambassador spoke about the political system and the federal experience in Canada, calling for "joint cooperation and strengthening relations between his country and the Kurdistan Region in the administrative and political fields, working for equality and empowering women for their active participation in all spheres of life."
 
The Canadian Ambassador expressed his "pleasure at his country's presence alongside the Peshmerga in the war against the terrorist's advocate, declaring his country's continuing activities within NATO to prepare and train Iraqi forces and Kurdistan Region forces."
 
The website pointed out that President Barzani congratulated the Canadian ambassador on the occasion of his new duties in Iraq, in his thanks to the people and the Government of Canada for "the assistance provided to the Peshmerga during the war against Da'ash." He also expressed his satisfaction with the strengthening of relations between the Kurdistan Region and Canada. 
 
Kauaihn Iraq Articles: dd
 
Iraq's prime minister-designate announces his cabinet reshuffle next week
 
Thursday, 2018/10/18

The Office of the Prime Minister-designate Adel Abdul-Mahdi on Monday, the intention of Abdel-Mahdi to submit the names of the ministerial formation and the government program next week.
The office said in a statement that Abdul Mahdi intends to submit the names of members of the ministerial reshuffle with the government's ministerial program next week.
The office added that Abdul Mahdi is talking with the Presidency of Parliament and with the leaders and parliamentary blocs on the appropriate date.
 
 
Souron stresses that new ministries can not be created at present
 
 
11:18 - 18/10/2018
 
Information / Baghdad ..
 
The Alliance of Suron, on Thursday, that the development of new ministries at the present time is not possible because of the desire of Prime Minister-designate Adel Abdul-Mahdi to reduce ministries and not increase, noting the existence of calls for the development of the ministries of mirror and tourism.
 
The leader of the coalition MP Abbas Aliawi said in a statement to "Information", "The Prime Minister-designate Adel Abdul-Mahdi seeks to reduce the government ministries and not the development of new ministries and the introduction at the present time is not possible."
 
"There are calls to restore the ministries of mirror and tourism, but it is not possible in the present time and may turn these calls to the demands of parliamentary representation in the future to the House of Representatives."
 
The Saudi daily Asharq Al-Awsat reported on Thursday that attempts were being made to restore the ministries of women, tourism and antiquities, where Sunni Arabs could be granted one of these ministries. Ending / 25
 
 
Kurdish PM, Iraqi Parliament Speaker Discuss Politics
 
 
BasNews
 
18/10/2018 - 00:39
Iraq
Kurdish PM, Iraqi Parliament Speaker Discuss Politics
 
ERBIL - Kurdistan Region Prime Minister Nechirvan Barzani met on Wednesday with the Iraqi parliament speaker Mohammed al-Halbusi to discuss the political developments in Kurdistan Region and Iraq.
 
The pair, during the meeting, shed light on the underway process of forming a new cabinet in Baghdad, both officials asserted that it should serve all Iraqi people, and resolve the issues between Erbil and Baghdad to further strengthen the ties between the sides, according to a statement by Barzani's office.
 
The two officials additionally exchanged views on the participation of all political parties across Iraq in the establishment of the future Iraqi government in order to ensure the strength of the new cabinet.
 
The Kurdish premier and Iraqi official also underlined the significance of a true partnership in the future government and more public services for the residents

Member of the Democratic: Kirkuk time bomb and Abdul Mahdi apply Article 140

 
 
18/10/2018 • 211 times read
 
(Baghdad: Al-Furat News) A member of the Kurdistan Democratic Party, Sobhi Mandalawi, Kirkuk province as "the bomb time," while the Prime Minister-designate Adel Abdul-Mahdi to apply Article {140} in the Constitution of the disputed areas.
"What happened on October 16, 2017, is sad and genocide against the Kurds and illegal transgression; to get out Kurdish families and the prosecution of figures against the Kurdish democracy and the displacement of families from the province." 
He added that "officials in Baghdad must feel that resolving the issue of Kirkuk is the key to solving all the problems of Iraq and otherwise will continue chaos without the application of Article 140 because Kirkuk is a time bomb and must be resolved in accordance with the constitutional and legal mechanisms." 
"There is no need to go to the Constitutional Court as long as there is Article 140 in the Constitution and we say it is a road map to solve the problem of Kirkuk," noting that "coexistence between the components there is no problem between the Kurds and Arabs and Turkmen," pointing out that " The application of this article in Kirkuk from the parties internal and regional, "stressing that" Kirkuk is a Kurdish identity. " 
He added that "the Peshmerga forces are part of the security system and attributed to the Ministry of Defense, and we hope Abdul Mahdi to overcome these obstacles and the implementation of the Constitution," noting "to bear some of the leadership of the Patriotic Union of Kurdistan, what happened in Kirkuk and what he half as a dark day these leaders endure to get betrayal against our people Kurdistan ". 
"The next government has the responsibility to solve the problem of Kirkuk," Mandalawi said
.

Iranian Ambassador: Economy will be the focus of our work in Iraq

 
Date of release: 2018/10/18 10:42  129 times scheduled
 
"The axis of Iranian consulates in Iraq will be economically active in the coming stage," the ambassador of the Islamic Republic of Iran in Iraq, Erj Masjidi, said.
"In view of the development of the deep relations between Iran and Iraq, especially in terms of reconstruction and construction, the economic side must continue to move," Musjedi said at a meeting at the Iranian consulate in Najaf attended by Iranian consular officials in the provinces of Najaf, Karbala, Basra, Sulaymaniyah and Arbil. , Which means the participation of Iranian companies and their efforts to take advantage of investment opportunities and cooperation available in the framework of joint cooperation with Iraq. 
"It is necessary to maintain the qualitative leap achieved in the exchange of goods produced between Iran and Iraq and bilateral cooperation in order to develop the commercial system of the two countries and prepare the necessary ground in earnest, in order to increase Export of productive goods, service, energy and tourism ". 
Each Iranian consul presented during the meeting an explanation of the nature of the joint relations with the Iraqi province in which the consulate is located, and all stressed the need to develop these relations and work on the proposals put forward at the meeting. 
During the meeting, the proposal presented by the Commercial Attaché of the Islamic Republic of Iran in Iraq (Nasser Bahzad) was corrected. "Every Iranian agent in Iraq bears the responsibility of identifying sources that have a design advantage in industry and trade." 
"The strategy of the Ministry of Industry, Minerals and Trade is based on overall planning and pays special attention to important export markets. This requires careful market planning and comprehensive information based on geographical compatibility," he said. 
"The participation of the private, cooperative and other sectors in Iraq should be subject to strict criteria from the provinces and must follow up on their priorities," the trade attaché of the Islamic Republic of Iran in Iraq said
 
.
Iraq aspires to reopen the Malaysian embassy in Baghdad and diplomatic official reveals important figures between the two countries
 
 
Thursday 18 October 2018 11:17 am
 
Iraq hopes that Malaysia will soon reopen its embassy in Baghdad, said the Chargé d'Affaires of the Embassy of Iraq in Malaysia Hassan Mohsen al-Haidari.
 
Hassan said the hopes were much higher than before with the rule of the new government in Malaysia, pointing out that many countries reopened embassies after the Iraq war in 2003, but Malaysia, which had long-term relations with Baghdad, has not yet followed the steps of other countries .
 
The website "MalaysiaKini" an interview with the Chargé d'Affaires of the Embassy of Iraq in Malaysia, Hassan Mohsen al-Haidari, the last to indicate that Malaysia has sent three of the envoys to Iraq since 2014 to assess the situation in Baghdad, but to no avail so far.
 
According to a report, Malaysia closed its embassy in Baghdad in March 2003 during the war.
 
Hassan said many Malaysians were interested in forming business ties in Iraq and had conducted investigations at the Iraqi embassy here. However, they hesitated or stopped their plans when they learned that the Malaysian Embassy had been closed for many years.
 
The reopening of the embassy can help facilitate many different levels of ties between Iraq and Malaysia and the people of the two brotherly countries.
 
He stressed that the presence of a Malaysian embassy will go a long way in promoting bilateral relations, especially in the fields of trade, investment, economy, education, tourism and cultural fields. At the same time, we will strengthen relations between peoples and promote new areas of relations. We will try to help as many Malaysians as possible. Iraq is like jobs and trade, but they can only gain trust if they are in contact with Malaysian embassy officials. Unfortunately, the embassy has been closed for many years.
 
Currently, Malaysia's interests in Iraq are represented by the Malaysian embassy in neighboring Jordan. Iraq opened its embassy in Kuala Lumpur in the mid-1970s and currently has 50 foreign embassies and consulates in Iraq.
 
In the context of bilateral relations, Hassan pointed out that Petronas, the Malaysian national oil company, had been in Iraq since 2010, and in 2016, the total trade volume was $ 1.5 billion, and Iraq's main exports to Malaysia were oil.
 
The Arab state mainly imports related medical products and equipment, palm oil and electronic and electrical products from Malaysia.
 
Hassan also said Iraqi Airways, the country's national carrier in the Middle East, had flown once a week from Baghdad to Kuala Lumpur since 2013, but since 2017 it has increased to twice a week, The importance of reopening the Malaysian Embassy comes from this point of view.
 
"There are about 3,500 Iraqi students in Malaysia, and in 2016, about 24,000 Iraqis visited Malaysia and their number increased to 30,000 last year. There are also about 300 Malaysians working in Iraq, Oil, with respect to Petronas' activities. "
 
The diplomat noted that the educational relations between the two countries are growing and studied many Iraqis in Malaysia, and that the Iraqi government so far recognizes the existence of 12 Malaysian universities.
 
"Iraqi students and parents will feel safer if they pass through the appropriate government channels, and that is why there is a very urgent need for the Malaysian Embassy in Baghdad," he said.
 
Hassan was confident that even more Iraqi students would prefer to go to Malaysia to pursue higher education once Malaysia had diplomatic representation in Baghdad. Finished 
 
Germany plans to allocate $ 100 million to Iraq and Syria
 
 
 
Published: 17.10.2018 | 19:09 GMT |
Reuters 
Germany announced that it would allocate an additional 100 million euros to stabilize Iraq and support Syrian areas not controlled by Damascus.
 
In a statement issued Wednesday following a meeting of the Stabilization Task Force of the International Coalition against the US-led "Da'ash", the German Foreign Ministry said that Berlin will provide 90 million euros to the Iraqi government to implement programs for the return of refugees and the reconstruction of the country and to confront violence and extremism.
 
The German government plans to transfer 10 million dollars to support the reconstruction of basic infrastructure in the Syrian provinces of Raqqa and Deir al-Zour, "which are not under the control of the Syrian regime," according to the statement. 
 
Kauaihn Economic Times:
 
ECONOMIC TIMES / CHATTER

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GLOBAL/NEWS/INFO

Today in History
ABC News
Today in History Read the full story

Strategize Now to Avoid a Nasty Tax Surprise in Retirement
Kiplinger
If you did most of your retirement saving in 401(k)s and IRAs, unless you have a plan, you may end up paying a lot more in taxes than you bargained for. Read the full story

Microsoft exists because Paul Allen and Bill Gates launched this high school business first
This week, Bill Gates mourned the passing of Paul Allen, his Microsoft co-founder and long-time friend. The two had been close since high school and if it weren't for a business the two founded as teens, Microsoft might not ever have existed.

OIL/COMMODITIES/ENERGY

Gold Touches New 3-Month High on Global Tensions, Options Play
Investing.com
© Reuters. Gold settles up, refreshing 3-month highs. Read the full story

Gold Miner Breakout Is in Full Swing: Chart
TheStreet
Gold's chart is glittering here. Gold is glittering this October - and miners are proving to be one of the best ways to play the trend. Since bottoming back in the middle of September, the average gold mining stock has surged around 15% higher, vs. a 3.3% stumble in the S&P 500 over that same time frame. That's not totally surprising. After last week's big "risk off" moment on Wednesday and Thursday, a flight to quality to gold isn't totally surprising. But if you think that the upside in gold Read the full story

Gold Prices Mark Fresh 3-Month High as Dollar Continues Decline
Investing.com
Gold heads higher as dollar decline lends support. Read the full story

Oil Prices Edge Lower Ahead of API Data
Investing.com
© Reuters. Oil ticks lower. Read the full story

Oil Ends up on Iran; U.S. Stockpile Worry Limits Gains
Investing.com
© Reuters. Oil up on Iran; U.S. stockpiles worry tempers gains. Read the full story


BANKS/BANKING/CREDIT

Bank execs tell a good economic story and investors are finally starting to believe them
CNBC
Bank executives point to a good environment, in which consumers are spending and companies are investing. Yet, the market seems to be focused on one thing: rising interest rates. Read the full story

Banks around the world are cashing in on an untapped market — women. And it's transforming their lives
CNN Business
More banks are investing in products developed for and marketed to women, making it easier for them to access digital banking, writes Jamille Bigio, a senior fellow for women and foreign policy at the Council on Foreign Relations. Read the full story

Wells Fargo to shift EU hub to Paris in Brexit plan
Reuters
Wells Fargo & Co said on Tuesday it had applied for an investment firm license in France as part of a Brexit strategy that will shift its servicing of European mainland customers out of London. Read the full story

Florida judge rejects sanctions against Bank of America
CNBC
A Miami-Dade County judge on Tuesday turned down requests by a real estate attorney to punish Bank of America over claims of withholding and destroying records. Read the full story

Softbank 'anxiously' monitoring Saudi Arabia situation, exec says
Business Insider
FILE PHOTO: A man talks on the phone as he stand in front of an advertising poster of the SoftBank telecommunications company in Tokyo Thomson Reuters Softbank Group <9984.T> Chief Operating Officer Marcelo Claure said it is "business at usual" at the companies backed by its nearly $100 billion Vision Fund despite a tense situation with Saudi Arabia, which provided nearly half of the fund's capital. Speaking at a technology conference for Arm Holdings, which was acquired by the Vision Fund in Read the full story

U.S. Fed says terminates 2013 enforcement action against RBS group for sanctions lapses
Reuters
The U.S. Federal Reserve said on Tuesday that it terminated a 2013 enforcement action against Royal Bank of Scotland Group for sanctions lapses in its foreign operations. Read the full story

Will a Fragile Banking System Survive Future Runs?
Barron's
Studying the run on money-market funds that occurred after Lehman Brothers’ collapse yields clues to how future crises might unfold Read the full story

Global Fintech Warning To Tradional Banks -- The Threat Is 'Real And Growing'
Forbes Magazine
Fintech startups and other new businesses have been working to break the hold traditional banks have on the financial services industry for more than a decade — and now it appears to be beginning to pay off... Read the full story
I carry both the Chase Freedom and Chase Freedom Unlimited card — but there's an obvious winner if I could only open one
Business Insider
Chase offers two cash-back credit cards - the Chase Freedom, and the Chase Freedom Unlimited. Although the cards are marketed as cash-back, they technically earn points, which you can either redeem for cash, or combine with points from other Chase cards. Here are the differences between the cards, and which one is best for you. Chase offers two strong cash-back cards - the Chase Freedom, and the Chase Freedom Unlimited - that offer great rewards that you can combine with the points you earn from Read the full story

Are Other People’s Credit-Card Rewards Costing You Money?
New York Magazine
Amazon, Target, and other retailers are going to war against the high-end cards they argue are driving up prices for everyone. Read the full story

AmEx's limited-edition rose gold version of its brand-new Gold Card is so popular it's facing delivery delays
Business Insider
The Insider Picks team writes about stuff we think you'll like. Business Insider may receive a commission from The Points Guy Affiliate Network. It's possible that AmEx is prioritizing new applicants, as existing cardholders can still use their plastic cards while they wait for the metal replacement. The new American Express® Gold Card features a new, metallic design, which is also available in a limited-edition rose gold until January 9. The rose gold version has been incredibly popular, which Read the full story

TREASURIES/BONDS/STOCKS

Day Ahead: Top 3 Things to Watch
Investing.com
© Reuters. Netflix subscibers rose sharply. Read the full story

This Market is Comparable to Getting Into a 'Fist Fight'
TheStreet
Take deep breaths. Experts are here to help. Feeling a bit bruised? Real Money contributor Stephen Guilfoyle breaks down why investors are feeling like they just got into a fight. Guilfoyle spoke on a Trading Strategies panel sponsored by Charles Schwab. Get Up When You're Kicked Down By the Markets If you're an investor who feels like the market just kicked your butt, Guilfoyle said, "When the markets act like this, you have to identify the problem, you have to adapt to the problem, you have to Read the full story

Start Worrying if There’s Another Stock Market Correction
Barron's
If this sell-off turns into a 10% decline, it would be the second such correction within eight months — which could mean the bull market is really in trouble Read the full story

Timing the next recession? Here's when it could hit
Fox Business
Goldman Sachs analysts believe this economic expansion is "midcycle" Read the full story

Is The Correlation Between Stocks And Bitcoin Real?
Forbes Magazine
Some analysts have claimed that stocks and bitcoin correlate. Does this assertion hold up? Read the full story

US Treasury yields little changed after job openings hit record in August
U.S. government debt yields were little changed Tuesday after the Labor Department said that the number of job openings in the United States raced to a record in August.

US Treasury yields move higher ahead of earnings, Fed minutes
CNBC
U.S. government debt prices ticked lower ahead of more economic data, corporate earnings and Fed minutes on Wednesday. Read the full story

CRYPTO'S / DIGITAL CURRENCY

Coinbase Now Lets You Buy and Sell Ethereum Token 0x
CoinDesk
Retail investors can now trade the 0x Protocol on Coinbase.com, as well as its Android and iOS apps. Read the full story

What Millennials Need To Know About Cryptocurrency Exchanges
Forbes Magazine
Entering into crypto can be both exciting and overwhelming. But, what do you do when looking to set up your first wallet, or make your first purchase? Understanding how cryptocurrency exchanges work can make or break you when it comes to your digital investments. Read the full story

Crypto Exchange Bitfinex Restarts Fiat Deposits Claiming 'Improved' Process
CoinDesk
Cryptocurrency exchange Bitfinex says it has rolled out a new process for depositing fiat currency after it halted the service last week. Read the full story

Bitcoin is digital gold: Mark Yusko
Fox Business
Morgan Creek Capital Management CEO Mark Yusko on the impact of Federal Reserve policy and investing in cryptocurrency. Read the full story

Cryptocurrency Exchanges Need Regulatory Oversight For Investor Protection, Former CFTC Chairman Says
International Business Times
Former Commodity Futures Trading Commission Chairman Gary Gensler said Monday strict regulation of the cryptocurrency market was needed to ensure investor protection. Read the full story



CURRENCIES
Dollar weakens as stock gains show improving risk sentiment
The U.S. dollar index dropped to more than two-week lows on Tuesday while emerging market currencies outperformed, as rising stock markets reflected improving risk appetite.

Forex - Dollar Edges Higher as Stock Markets Rebound
Investing.com
© Reuters. Dollar edges higher as stock markets rebound Read the full story

Forex - Dollar off Lows on Upbeat U.S. Job Openings, Weaker Yen
Investing.com
© Reuters. The dollar was flat against its rivals on Tuesday. Read the full story

How A Stronger Dollar Impacts The US Economy
Benzinga
The U.S. Dollar Index, which measures the value of the U.S. dollar against a basket of foreign currencies, has gained about 3.2 percent year-to-date through Oct. 11. This is where the greenback stands year-to-date against other major currencies: Euro: +3.4 percent Pound: +2.1 percent Yen: +0.5 percent Australian dollar: +8.63 percent Canadian dollar: +3.5 percent Even against the tightly controlled yuan, the dollar was up 5.9 percent. Every morning, the People's Bank of China sets the midpoint Read the full story

Pound LIVE: GBP Sterling treading water against euro as May braced for Brexit crunch talks
Express
THE pound is treading water against the euro this morning as all eyes continue to focus on Brexit negotiations. Sterling saw a boost yesterday following the release of positive UK growth data, which showed wages have risen at their fastest pace in nearly a decade. As of just around 8:45 BST, the pound was trading at €1.139, only slightly down from the €1.142 seen yesterday. Read the full story

Pound to euro exchange rate: Sterling ‘jumps’ after unexpected positive UK wage data
Express
THE POUND “jumped” against the euro after UK wage growth figures surprised analysts. Sterling was boosted by almost a cent against the Eurozone currency, and could be set for further positive news today. The pound to euro exchange rate is currently 1.1398 according to Bloomberg figures this morning. Read the full story
Australian dollar rises - Inside Retail
Inside Retail
Aussie dollar improves overnight. The post Australian dollar rises appeared first on Inside Retail. Read the full story

Australian dollar rises slightly - Inside Retail
Inside Retail
The Aussie dollar has risen overnight. The post Australian dollar rises slightly appeared first on Inside Retail. Read the full story

Mozambique: Metical mostly unchanged against the Euro, US dollar
FurtherAfrica
The exchange rate of the Mozambican currency unit the metical remained almost unchanged against the Euro and the US dollar during the last week, according to daily exchange rates released by the Central Bank and followed by Lusa. Read the full story

INSURANCE / HEALTH / SCIENCE

Ohio Couple Opens Up About Being Diagnosed with Same Type of Breast Cancer Six Months Apart
People
When Jane Gremling was diagnosed with stage one breast cancer this past June, she wasn’t as nervous about the prognosis as she could have been. That’s because just six months earlier, her husband of nearly 47 years, Ken, 75, was diagnosed with the same type of cancer (invasive ductal carcinoma), on the same side of the same breast with a very similar-sized tumor. “He had his appointment with the surgeon, Dr. AlHilli, the day that I found out, and they asked me if I had a surgeon … if I knew of Read the full story

7 Unexpected Signs Of Breast Cancer Your Doctor Wants You To Know
Bustle
After skin cancer, breast cancer is the most common cancer in the United States for women, according to the American Cancer Society. It's estimated that 12 percent of women will develop breast cancer at some point in her life, 266,120 new cases will… Read the full story

Spike in paralyzing, polio-like illness confirmed in 22 states, CDC says
The Washington Post
More than 120 confirmed or possible cases of a mysterious and rare condition have been documented so far this year, mostly since August, a top federal health official said Tuesday. Acute flaccid myelitis, or AFM, mostly affects children and can paralyze arms and legs. The number of cases has surged since 2014, baffling health officials. […] Read the full story

9 Things To Do For Self-Care If You’re Stuck At Home With The FluBustle
Flu season is here, and while you're taking steps to prevent the flu — like getting your flu shot, encouraging your sick coworkers to stay home, and practicing good hygiene — it never hurts to keep a list of self-care activities for when you have… Read the full story

UnitedHealth, Optum Remain On A Roll As Medicare Business Takes Off
Forbes Magazine
UnitedHealth Group's third quarter profits jumped 28% on growth of health insurance and Optum health services businesses. Read the full story

Experts Reveal How Many Steps You Need to Take in a Day to Lose Weight
POPSUGAR
Whether you track your steps with a wearable device or through your phone, knowing how much you've walked in a day can be an extremely useful tool for weight loss. Many of our jobs entail sitting for a majority of the day, which can be bad for your body and your brain. However, simply walking and tr ... Read the full story

The disease that changed the world
BBC Future

Five surprising outcomes of the Spanish flu Read the full story

USA / CANADA

Trump says Fed is his 'biggest threat' because it is raising rates too fast
CNBC
President Donald Trump on Tuesday escalated his assault on the Federal Reserve, calling it "my biggest threat." Read the full story

GREAT AGAIN: US Treasury Rakes in RECORD TAX HAUL in 2018
Sean Hannity
The United States’ economy continued to roar to life under President Trump and the Republican-controlled Congress in recent months; racking up a record-setting tax haul for the US Treasury in the 2018 fiscal year. According to CNS News, “The federal government collected a record $1,683,537,000,000 in individual income taxes in fiscal 2018 (October 2017 through... Read the full story

What rising mortgage rates will cost homebuyers
CBS News
Here's a state-by-state look at how much higher interest costs add to monthly and total mortgage payments Read the full story

This is the average American's salary. How does yours compare? Some tips for improving it
USA TODAY
The average U.S. worker today earns roughly $46,641 a year. The median salary in the country, however, is only $30,533, according to government data. Read the full story

Alan Greenspan on What Trump Gets Wrong and Sweden Gets Right
Barron's
The former Federal Reserve chief sat down with Barron’s to discuss what he’s worried about. It’s not a short list. Read the full story


EMERGING MARKETS

In Puerto Rico, Patients Are Still Waiting For A Dialysis Clinic That May Never Come
HuffPost
VIEQUES, Puerto Rico ― As the sun began to set on this small isolated island ... Read the full story

Argentina beat the odds, will revive its economy
Salon
The country bets 60 percent interest rates – and $50B international bailout – will revive its economy Read the full story

Venezuelans desperate for work have resorted to crossing the Andes — on foot
VICE
“It’s not just the border anymore, but the whole country.” Read the full story
Martin Currie appoints portfolio manager for global emerging markets
Reuters
Legg Mason Inc affiliate Martin Currie said on Tuesday Colin Dishington would join its global emerging markets team as portfolio manager. Read the full story

Opinion: Adding emerging markets to your stock portfolio is tougher than it looks
MarketWatch
Large differences in returns between countries affects choice of active or index management, writes Mark Hulbert. Read the full story
MIDDLE EAST

A strong Kurdistan region is good for US in Iraq
The Hill
In its complex relationship with Erbil and Baghdad, Washington wants a strong Baghdad, to curb Iranian encroachment, yet understands the Kurdish region is its closest ally. Read the full story

Chaldean cardinal says promised US aid for Iraq hasn't come
ABC News
Iraq's Chaldean Catholic cardinal says promised US aid hasn't materialized Read the full story

Pompeo meets with top Saudi officials amid outrage over missing journalist
The New York Times
The secretary of state met with top officials in Riyadh amid international outrage over the reported killing of Mr. Khashoggi, a critic of the Saudi leadership. Read the full story

Saudi Arabia's $100M pledge arrives in American accounts as Pompeo lands in Riyadh: report
Fox News
A Saudi contribution of $100 million to U.S.-backed stabilization efforts in Syria arrived in American accounts Tuesday, just as State Mike Pompeo touched down in Riyadh to discuss the missing Saudi journalist, an anonymous U.S. official told The New York Times. Read the full story
Dutch minister unlikely to attend Saudi conference after journalist's disappearance
Business Insider
Dutch Finance Minister Hoekstra reacts at an euro zone meeting in Brussels Thomson Reuters AMSTERDAM (Reuters) - Dutch Finance Minister Wopke Hoekstra said on Tuesday that he will most likely not attend a conference in Saudi Arabia after dissident journalist Jamal Khashoggi went missing. Hoekstra told the Dutch parliament that if there is no clarification from Riyadh about what happened to Khashoggi "it is unlikely I will go." He added: "I will follow developments and take a decision at the end Read the full story

Christine Lagarde: IMF chief won't attend Saudi event
BBC News US
The IMF chief delays a trip to the Middle East after the disappearance of a prominent journalist. Read the full story

PR and politics: 'Davos of the Desert' sees mass cancellations
Aljazeera
It was hailed as the start of Saudi Arabia's revamping of its oil-based economy, but a week before its opening the second edition of the kingdom's prestigious economic Future Investment Intiative (FII) conference has turned into a PR disaster for the country. More than 10 of the largest and most prominent attendees have said they will no longer go to the summit following the disappearance and alleged murder of Saudi dissident Jamal Khashoggi. Nicknamed "Davos in the Desert" after the world Read the full story

Turkey passes a crucial market test after months of turmoil
CNBC
Turkey made a comeback in the international bond markets after receiving bids worth $6 billion for its five-year dollar-denominated bond. Read the full story

AFRICA

Zimbabwe not seeking mercy, but massive investment – Ambassador
Polity
The Zimbabwean government on Tuesday embarked on a charm offensive to woo investors in South Africa during the country's "Zimbabwe is open for business" summit held in Johannesburg. Hosted by Zimbabwe's embassy in South Africa, the summit attracted numerous government officials, diplomats, businesspeople, local and international media and some Zimbabweans based in different parts of South Africa. Read the full story

Southern Africa: We're Ready to Assist Zimbabwe - South African Minister
AllAfrica
(Photo: DIRCO/Jacoline Schoonees) South Africa stands ready to assist Zimbabwe so that the reforms it is implementing to turn around the economy succeed, South Africa's International Relations and Co-operation Minister Lindiwe Sisulu has said. Zimbabwe is implementing a new economic blueprint, the Transitional Stabilisation Programme, to turnaround its economic fortunes. The blueprint runs from this month to December 2020. President Mnangagwa has also announced a vision to turn Zimbabwe into a Read the full story

Zimbabwe experiences post-election slump as finances and food remain in crisis
ITV News
Two months after the controversial elections, old habits seem to be dying hard. Read the full story

Zimbabwe bans protests against the falling economy due to concerns of cholera outbreak
TRT World
Zimbabwe bans protests against the falling economy due to concerns of cholera outbreak Read the full story
Cash-crisis continue to trouble beleaguered ‘Zimbabwe’
FurtherAfrica
Zimbabwe adopted a multi-currency system in 2008 shortly after its own currency collapsed. Since then, most transactions have been in either U.S dollar or, South African rand. Read the full story

Black market fuel sales and fear: Zimbabwe faces economic fallout
Aljazeera
Bulawayo, Zimbabwe - There are snaking queues at Zimbabwe's petrol stations, supermarkets and factories as shoppers and motorists line up for scarce supplies. With Zimbabwe struggling to find a way to repay its foreign debtors and curb domestic spending, there are fears the country is slipping back into crisis mode. For days, some shops have closed, with signs on their doors such as "closed for stocktaking". Others are open but their prices are rising. At the Delta Beverages depot, a distributor Read the full story



ASIA

China Treasury holdings in August fall to lowest since June 2017: Treasury data
Reuters
China's holdings of U.S. Treasuries fell for a third straight month in August to their lowest in more than a year, Treasury Department data showed on Tuesday, in what was likely a move to support its currency in the face of emerging market volatility. Read the full story

China economic health check may show falling GDP in wake of trade war
South China Morning Post
With the country’s growth engine close to peak capacity, tariffs pose a big challenge for the Chinese leadership Read the full story

China And U.S. Pushing A Deglobalization Wave
Forbes Magazine
We have gone from Les Miserables storming the Bastille, to the Deplorables draining the swamp. Read the full story

China has US$6 trillion in hidden debts with ‘titanic’ credit risks, S&P says
South China Morning Post
Ratings agencies warn of a ‘debt iceberg’ accumulated by local governments as Beijing tries to curb unauthorised borrowing Read the full story

China Treasury holdings at their lowest in 14 months
China trimmed its holdings of U.S. Treasurys in August by about $6 billion, to the lowest level since June 2017.

Asia stocks rise on the back of an overnight bounce on Wall Street
CNBC
Asia stocks largely rose on Monday, following a strong performance overnight on Wall Street after the release of strong quarterly results from some of the largest U.S. companies. Read the full story

China’s stocks rise first time this week on prospect of government bailout plan
South China Morning Post
Wednesday, 17 October 2018, 4:50:PM China’s stocks rose on Wednesday for the first time this week, led by smaller companies, on optimism that the Shenzhen government will take measures to bail out companies hit by the liquidity squeeze. The benchmark Shanghai Composite Index added 0.6 per cent, while the Shenzhen Composite Index of mostly smaller companies fared better with a gain of 0.8 per cent. Hong Kong’s market was shut for a public holiday. Two gauges of small-caps on the Shenzhen exchange Read the full story



EUROPE

It's Brexit crunch time for Britain. Can Theresa May survive it?
NBC News
“We are at that of stage in the process where it comes harder and harder to paper over the cracks,” said one analyst. Read the full story

Brexit Deal Dead? 'No Grounds For Optimism' Ahead of Theresa May Meeting, Says European Council Boss
Newsweek
Donald Tusk, president of the European Council, said he did not expect British leaders to have come up with any concrete proposals for the separation. Read the full story

Under growing EU pressure, May meets her ministers on Brexit
Reuters
British Prime Minister Theresa May will discuss Brexit with her ministers on Tuesday, under pressure to rethink her plans from both some members of her Conservative Party and the European Union. Read the full story

European markets higher amid earnings; Fresenius Medical Care tanks 15%
CNBC
European stocks were higher Wednesday morning, after upbeat earnings on Wall Street helped to restore an appetite for riskier assets. Read the full story

Negotiations stall ahead of EU summit | Money Talks
TRT World
Negotiations stall ahead of EU summit | Money Talks Read the full story

It's a 'trap door': Two EU negotiators dropped clues that Britain is heading into a 'no-deal' Brexit
Business Insider
Two on-the-record quotes from Brexit negotiators indicate that May has misjudged her adversaries in Brussels, who want to deliver an exit from Europe with no agreement, the worst possible scenario for Britain. Sabine Weyand, deputy to EU negotiator Michel Barnier, said "Hello?! Who are they kidding?" when it was put to her that a post-Brexit agreement might be a "win-win negotiation." She also thinks Britain's position is "bollocks, according to the Financial Times. Theresa May's former deputy Read the full story
d
 
CBI, ISX, Kauaihn Chatter:
 
CBI Update:
 
 
The CBI for Thursday 10/18/18 did update on the indicative rates Sell Rate 1190
The currency auction is 181,437,987
There are no news and announcements.
ISX Update:
Value Traded
1,804,193,916
 
Shares Traded
595,241,258
 
ISX ended in Red
 
Kauaihn Chatter:dd
 
10-17-2018   Newshound/Intel Guru Mnt Goat   THE PROJECT TO DELETE THE ZEROS IS IN MOTION...We are now seeing the very slow transition to the dependence on the smaller denominations as part of the plan. We know this is within the last steps of the plan. Soon they will launch out the next set of even yet smaller, smaller denominations...the initial removal of the 3 zeros will not impact the rate. ...They are not reducing the value or increasing the value of the dinar within the “initial” stages of the plan to delete the zeros. ...initially the rate in country will come out at about 1:1 for about 2-3 weeks prior to us seeing it on the global trading platforms. This gives the CBI time to monitor it and adjust for inflation. Then when it does finally come out on the exchanges, it will be adjusted to the new SDR basket and put on a float (as all currencies on the exchanges are on a float). There will probably be a fixed cap (a predetermined maximum rate).
10-17-2018   Newshound Guru Kaperoni
   I assure you nothing is going to happen with the dinar until the government is formed and parliament passes the necessary delinquent laws. I also expect the IMF to meet with the CBI.   I have said on numerous occasions IMF Article VIII is critical to opening Iraq's banking to the world's Financial system. I don't see that happening until after the IMF meets with the CBI to have their Article IV Consultation which has been postponed til the formation of the gov.
 
10-17-2018   Newshound Guru Walkingstick   [via Clare]   A Sovereign Currency for a Sovereign Country...When a Governor puts a signature on currency it's because preparing to leave and go International / Global markets...Table has turned... CBI saying we are getting it Done! So much in place ...Very impressive...GOI tipped their hat by supporting Alak's signature...GOI is saying currency is going international...IQD is going to change the face of the global market, because of a Basket!
10-17-2018   Newshound/Intel Guru Mnt Goat
  CURRENT TARGET DATE BY THE CBI:   I want everyone to understand that I have always been telling you that they are now targeting to reinstate the Iraqi dinar by the end of October (of 2018) and if they don’t do it then they know that they could be in jeopardy of having to wait into EARLY 2019 due to possible instability that may be caused by the ramped up new Iranian sanctions. This part of the plan to delete the zeros is not something you just snap your fingers and its done.

10-17-2018   Intel Guru Bruce   I have heard they wanted to adjust the rates over the next day or two. Either Wednesday or Thursday they should have those where they want them to be for us to go. The rates are being traded upwards.So I am excited where we are going. We are coming up on it. I would say the intention is for this to go down in the next two to two and half days. Simple as that.  I know in Iraq they have plans to celebrate... Wednesday, Thursday, and Saturday.I think they are ready for something to pop over there or they wouldn’t be setting up celebrations. People are excited about it. The ones we are talking to over there are excited about it, and they see this happening.   [post 2 of 2]

10-17-2018   Intel Guru Bruce   [via PinkRoses]   ...it seems to an extent that we are waiting on Iraq to flip the switch for their own evaluation of their dinar publicly. We know it has been going up in value in country and on their debit card, the so called Qi cards for months now. We know it has not been made public on the CBI or anywhere else. ...Where we are is Iraq’s Prime Minister Mahdi is to select or has already selected the cabinet for the Parliament, his cabinet. That is to be given over to the Parliament to vote in on Sunday. Now that is for I believe is for something of a formality. I think what has happened is President Trump had a conversation very early in the morning...with Abadi to get this thing done in terms what Iraq needs to do with their Parliament, the seating of it, to have that done as well as their rate out published in 48 hours. I believe they are going to do that...   [post 1 of 2....stay tuned]

10-17-2018   Newshound Guru chattels   Article quote:  "The government is forming smoothly and we are confident that the government will be formed before the constitutional deadline expires,"   The constitutional deadline expires on November 2/3 depending upon the news that one reads.
 
10-17-2018 Newshound/Intel Guru BGG Article: "Commission likely to announce the final results of the parliamentary elections by this date" Quote: "The spokesman for the Electoral Commission for Elections and Referendum in the Kurdistan Region, Monday, announced the final results of the parliamentary elections in Kurdistan within 5 to 7 days." There is a reason they haven’t been very forthcoming with these results… we shall soon see why.
 
Elmer:
 
Not in today
 
Artmeister:
 
Not in today
 
Catnip:
 

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

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

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

During the meeting, they discussed the political, security and economic situation in the country and coordination between the center and the region to enhance joint cooperation and continue to pursue terrorist cells.

It was stressed that dialogue and dialogue within the framework of the Constitution can resolve the outstanding issues in order to serve the country.

Prime Minister 's Media Office
17 October - 2018

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ARTICLE 2

Iraq announces its support for Qatar
2018/10/18 13:31 • 6 times read
[Ayna-Baghdad]
Iraq announced its support for the Qatar file by hosting the next IPU. "A member of the Presidency of the House of Representatives Hassan Al-Kaabi, during a meeting with the Speaker of the Qatari Shura Council Ahmed bin Abdullah Al-Mahmoud, on the sidelines of the Parliamentary Union Conference in Geneva to support Iraq, said a statement by the Information Department of the House of Representatives. To the file of Qatar in hosting the work of the General Assembly of the Inter-Parliamentary Union for the next session. "
"Iraq will be different this year and beyond, as it looks forward to a rapid and effective Arab-international contribution to the reconstruction of the provinces affected by terrorism," al-Kaabi said.
He stressed that "the country is going to erase all traces of subversive incitement and get rid of the ideas brought by the schools of Takfirism, extreme and work to promote a culture of dialogue and love and peaceful coexistence."
*************
ARTICLE 3

Talk about the deadline for the submission of candidates to the political blocs of the government of Abdul Mahdi

BAGHDAD, Oct. 17 (Xinhua) - Construction coalition announced on Wednesday the deadline for Prime Minister-designate Adel Abdul-Mahdi, which gave it to the political forces on the submission of candidates to the ministries.
The MP for the coalition Amer al-Fayez, in a press statement that "Abdul-Mahdi gave a deadline to the political forces for the purpose of submitting candidates to the ministries, and this deadline ends today," noting that "political forces submitted their candidates to Abdul Mahdi, during the past days, Submit candidates ".
Al-Fayez said that "presenting the candidates to Abdul Mahdi does not mean agreeing to them. He may choose them and perhaps not to choose any of the personalities provided by the parties and blocs. He is free to choose the ministerial cabin." He told them before receiving the names of candidates for blocs and parties.
Abdul Mahdi opened the way for the post of minister through an electronic portal, and it was already after the nominations of (15184) people.
As Abdul Mahdi seeks to present his government next weekend to parliament to gain confidence, political parties are talking to his quest to form a government of independent technocrats supported by the leader of the Sadrist movement Moqtada al-Sadr.

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

# Faduna campaign to accelerate the formation of the government of Abdul-Mahdi interact

October 18 - A crackdown on the social networking sites of Hashtag, under the influence of Hashtag, has attracted a great deal of activism from activists.

And the circulation of activists, a series of sentences that mean the importance of speeding Prime Minister-designate Adel Abdul-Mahdi, to resolve his Cabinet and the nomination of candidates for all portfolios in the next few days.

The activists, who took part in the campaign, say that "the slow political negotiations on the formation of the new government reflects the indifference of the political class to the concerns of the Iraqis."

Among the sentences circulated by activists, and published on their accounts on Facebook, Twitter and Entgram:

# Fduna of the closed-door marathon to share the spoils

# Fduna of the market of ministries and bidding bidder world

# Faduna prolong the life of the caretaker government

# Faduna and start providing services

# We lost and they gave us jobs

# Faduna and fought corrupt

# Faduna Kafi returned

Prime Minister-designate Adel Abdul-Mahdi is in constant motion to choose his cabinet during the 30-day constitutional term since he was appointed on Tuesday (October 2nd).

Abdul Mahdi had launched a website for the nomination of the ministries, which lasted for 48 hours, and closed the site on Thursday afternoon (11 October).

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

Human Rights: The remains of civilians whose bodies have been exhumed in Nineveh has reached 2,665 remains so far

BAGHDAD, Oct. 18 (Xinhua) - The Human Rights Commission said today that "the number of bodies of civilians who have been exhumed from the entire province of Nineveh until mid-October 2018 is 2,665."
A member of the Human Rights Commission, Fadel al-Gharawi, said that "gangs called for terrorism during the occupation of Ninewa province committed crimes against humanity against the Iraqi people, especially in the old city of Mosul."
"Civil defense teams in Nineveh province have recovered more than 2,665 bodies of IDP civilians throughout the province, including 851 remains of children, 345 of the remains of a child on its right side alone. According to documented reports, 1871 unidentified bodies have been recovered, Therefore, there must be concerted efforts of the government to accelerate the opening of mass graves in Nineveh and compensation.

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ARTICLE 6

The opening of an important street in the old Najaf
2018/10/18 9:11
[Ayna-Baghdad]
Najaf police chief, Major General Alaa Gharib al-Zubaidi, opened an important street in the city, which is part of the third Najaf emergency brigade.
The provincial police department said in a statement received by the agency of all Iraq [where] a copy of it that Gharib "opened one of the important streets adjacent to the Najaf archaeological wall in the presence of tribal religious figures and security leaders and the representative of the popular crowd and the head of the funeral procession Husseiniya and emergency regiment Brigadier Bassem Majid Faisal and ordered an emergency regiment Najaf the third Lt. Colonel Ammar Abdul Rasool Kazem. "
"Al-Sudair Street will contribute to the dismantling of the many traffic jams in the Old City, which receives thousands of visitors every day and contributes to the flow of visitors during the visit to Al-Arbaeen."

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