Wednesday, October 3, 2018

WOTS Tuesday 10/2/18

WOTS Tuesday 10/2/18





WOTS Tuesday 10/2/18:
 
Forex Rates: 
 
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,170.5000  1,222.3000 1,170.5000 1,170.5000 1,170.5000  0.0000 20:00
 USD/VND  23,292.5000  23,362.5000 23,292.5000 23,048.2000 23,048.2000  244.3000 04:15
 USD/CNY  6.8679  6.8699 6.8679 6.8589 6.8589  0.0090 20:20
 USD/KWD  0.3028  0.3048 0.3032 0.3023 0.3023  0.0005 06:47
 GBP/USD  1.2946  1.2948 1.3048 1.2941 1.3043  -0.0097 06:59
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  15,047.5000  15,062.5000 15,255.0000 14,943.0000 15,055.8000  -8.3000 06:51
 
CNBC Link:  
 
 
CNBC Morning Squawk Link:
 
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DC NY Iraq Articles:dd
 
To postpone the session of the Iraqi parliament to elect the President of the Republic to tomorrow Tuesday for the lack of quorum
 
 
Oct 02, 2018
 
BAGHDAD (Reuters) - Iraqi parliament speaker Mohamed Halboussi announced on Monday evening that the Iraqi parliament's session would be postponed to Tuesday because of a quorum for the election of the president for the next four years.
 
According to the information service, the number of attendance in the parliament session reached 159 deputies out of the total number of deputies of 329 deputies, while the other deputies did not enter the parliament session of the Kurdistan Democratic Party and other deputies.
 
Earlier in the day, the parliament postponed the presidential election session for half an hour because of the lack of quorum.\\\
 
 
Baghdad «confused» between the Kurdish candidates for the presidency
 
 
Tuesday, 02 October 2018 AD Issue Number [14553]
 
Baghdad: Hamza Mustafa
 
A session of the Iraqi parliament, which was scheduled yesterday evening to elect the President of the Republic, was postponed until today. The conflict over the presidency turned into a battle for "breaking the bone" between the Kurdistan Democratic Party, nominated by Fouad Hussein and the Patriotic Union of Kurdistan, nominated by Barham Saleh, while the Iraqi blocs and alliances themselves are puzzled by the candidates.
 
The two Kurdish parties threw their weight in Baghdad through high-level delegations, arrived from Sulaymaniyah, a high-ranking delegation included Kosrat Rasul, Deputy Secretary-General of the «Patriotic Union of Kurdistan» and Pavel Talabani son of the late President Jalal Talabani, arrived from Irbil yesterday, the Kurdistan Regional Government President Nechervan Barzani. While the Kurdish delegations met with most of the Iraqi political forces active, in order to support the candidate, the most important meeting is held between Nezhirvan Barzani and Pavel Talabani, with the aim of getting out at the last minute a compromise solution through the selection of one Kurdish candidate.
 
Parliamentarians face a tough choice between Saleh, who they say has not been involved in plans to separate from Iraq, despite his vote in last year's referendum on independence, and Hussein, a Shi'ite whose nomination is supported by some influential Shi'ite parties.
 
 
Foreign Ministry: Our country does not interfere in the sovereignty of other countries
 
 
Tuesday, 02 October 2018 04:00 p
 
Iraqi Foreign Minister Ibrahim al-Jaafari
 
Iraqi Foreign Minister Ibrahim al-Jaafari stressed that there is no contradiction in Iraq's dealings with the countries of the world and that Baghdad has a certain compass on it.
 
Al-Jaafari said: "We have our national interests, and there are also bilateral polar interests with this country or that may narrow or widen, but as a result we conclude interests with them without becoming a central relationship or conflict of poles we met with countries with which we have no interests, "It was a shock that shocked the world with a global terrorist birth and took Iraq as a station."
 
He added: "What links us with Iran is geographically and historical and social benefits and we maintain these relations. America has stood by us at a certain stage, and we have appreciation and deal with the American nation to the extent that it cares for our interests and interests and does not interfere in our affairs.
 
When there is an intersection between two states, we do not become the echo of the voice of this state or that, and we do not become part of its will. We believe that it is not in the interest of Iran or America or even the countries of the region to enter Iraq in this polar conflict. We are making efforts to restore relations to benefit the The countries of the region, and this is our policy to deal in spare the region wars and crises. "

Saudi Arabia assesses its current relationship with Iraq

 
Release date: 2018/10/2 9:05  616 times read
 
(International: Al-Furat News) The Saudi Ambassador to Iraq Abdul Aziz Al-Shammari assessed the bilateral relations between the two countries.
Shammari said in a press statement that "communication between the two countries will not only be through the air, but will also be strengthened across the land border, through the opening of a new outlet (Arar) in the coming months." 
He pointed out that "relations between the two countries are distinct, and there is a rapid and significant development." "There is a continuity between the two leaderships, the use of the Saudi lines for the Iraqi airspace and the use of the Iraqi lines for the Saudi airspace represents a positive message to all. she was". 
Al-Shammari hinted that other Iraqi airports would receive a share of Saudi Airlines in the coming period. "In sha Allah, we see Saudi Airlines in other Iraqi airports in Najaf, Basra and Sulaymaniyah. The future is bright and we look forward to the opening of the border port between the two countries. Ten months. " 
He pointed out that the new outlet Arar, which is implemented part of the arena of trade exchange, and build an Iraqi port. 
The statement came at a time when Erbil received yesterday, the first Saudi flights that landed at Erbil International Airport, a year after the resumption of flights with Iraq after 27 years of interruption, by 6 flights per week in both directions.    
 
Iraq population exceeds 38 million, 45% under age of 15
 
Iraq, October 2, 2018
 
The Iraqi Ministry of Planning announced on Monday that the country’s population exceeded the ceiling of 38 million people this year, 45 per cent of which are under 15- year-old.
 
In its statement, the ministry’s Central Statistical Organization said that Iraq’s population reached 38,124,182 people in 2018.
 
The statement cleared up that the number of males registered 19,261,253 people, forming 51 per cent of the total population, while the number of females amounted 18,862,929, by 49 per cent of the total population.”
 
“The province of Baghdad got the highest position between the governorates in terms of population, where it amounted to 8,126,755 people, by 21 per cent of the total provinces’ population,” the statement added.
 
According to the statement, “Nineveh province ranked second after Baghdad in terms of population, with 10 per cent of the total provinces’ population, followed by Basra province by 8 per cent, while the province of Muthanna was the least populated, reaching 814,371 people, by 2 per cent.”
 
middleeastmonitor
 
 
Basra is surprised by the inability of the Ministry of Health to know the cause of poisoning 100 thousand of the people of the city
 
 
2018/10/01 22:16 72 Editor: en
 
Baghdad today - Baghdad
 
The second deputy governor of Basra, Dhargham al-Ajoudi, on Monday, October 1, 2018, that the formations of the Ministry of Health, and the University of Basra, are unable to know the causes of poisoning of water reservoirs, which poisoned more than one hundred thousand citizens.
 
Al-Ajoudi said in a special interview (Baghdad today) that "the province's office took more than twenty samples of the waters of Basra in different areas from the far north of the province to the south."
 
He added that "the samples will be examined with the latest equipment and techniques in physical, chemical, biological and genetic in cooperation with the number of centers specialized in forensic medicine."
 
Ajoudi expressed his surprise at the lack of access to the formations of the Ministry of Health and the University of Basra to any result despite the passage of more than a month to poison the waters of the province
 
 
A campaign to bring beggars back to school is the first in Iraq
 
 
Release date: 2018/10/2 0:01 • 105 times read

The police command of Diyala on Monday launched a campaign, the first of its kind in the country, aimed at helping children return to school, treating beggars, selling minor items on the streets, and unregistered junctions in schools and dropouts.
 

"Extreme poverty and family neglect have pushed dozens of young children to beg or sell some minor items in the streets and intersections of Baquba and the rest of Diyala cities in recent years, especially after the fact that," said Diyala police chief Colonel Ghaleb al-Attiyah in a statement. The emergence of the crisis of forced displacement, "noting that" Diyala police realized the seriousness of the situation on the future of children and the possibility of exploitation and push them to be tools of terrorism or crime sought to launch this program. " 
"One day after the launch of the buds rescue program, in a reference to (the children) in Baquba, we achieved something special after the return of two children to school and we went through all the difficulties that were on our way," he said. 
"The story of the two children began after identifying their painful story during the gathering of children from the streets and how to pay family neglect for both of them to go down to the street and work, although their age did not exceed nine, which deprived them of study, pointing out that a team of specialist community police under his supervision visited the family of the two children Closely about their situation. " 
"The registration of the two children at the school was difficult at first, prompting us to open a direct channel of communication with the General Director of Diyala Jafar al-Zarkushi, who ordered that they be registered at the nearest school immediately. 
"The return of two children to school is an important goal and a good introduction to the program to rescue the buds, which will continue its course in tracking the conditions of the other children and work to save them from the unknown because their presence in the streets at these ages is very dangerous and may lead to serious consequences for their lives in the future "He said. 
He added that "the rescue program of buds, which is under the direct supervision of the Diyala police chief, Major General Faisal Kazim Abadi came for the important goals is to find logical and humanitarian solutions to their situation through the identification of their situation closely and the reasons for their presence in the street and they are small reconstruction." . 
Kauaihn Iraq Articles:dd
Kurdish Party: We will not vote on the candidates of the two ruling parties in Kurdistan for the presidency
2018/10/02 13:19 98 Editor: Mos
Baghdad today _ follow-up
The head of the new generation bloc, Rabun Maarouf, confirmed on Tuesday October 2, 2018, that his party will not vote on the candidates of the two ruling parties in the Kurdistan region for the presidency of the republic.
"We would like to clarify two points, the first of which concerns the regional elections, which do not reflect the opinion of the public about the existence of the big fraud," he said in a press conference attended by Baghdad.
He added: "The second concerns the election of the President of the Republic, where we will vote for an independent, fair and strong and works for Iraq as a whole," noting that "his party will not support the candidates of the parties the Union and the Democratic." 
Sharp rivalry between the Kurds over the presidency of Iraq and Halbusi calls for the observance of constitutional timings
 
 
Tuesday, 2018/10/2

The Iraqi Council of Representatives met yesterday to elect a president, a post reserved for Kurds since 2005, and witnessed for the first time a sharp confrontation between the two main Kurdish parties, the Patriotic Union of Kurdistan (PUK) and the Kurdistan Democratic Party (KDP) led by Massoud Barzani. The failure of a referendum on the independence of the Kurdistan region.
 
The speaker of the Iraqi parliament, Mohamed Halbousi, stressed the importance of complying with the constitutional deadlines in completing the benefits and choosing the sovereign positions of the state.
 
Al-Halaboussi's office said in a statement that "Speaker of the House of Representatives Mohammed Al Halbusi received the envoy of US President Brett McGork, and discussed the political and security situation in Iraq and the region and ways of continuing coordination between Iraq and the United States in the field of combating terrorism in a manner that ensures the preservation of security and stability at the Iraqi and regional levels .
 
The vote came in the central parliament, the day after legislative elections in the autonomous region in the north of the country.
 
Since 2003, the Patriotic Union of Kurdistan (PUK) has assumed the post of President of the Republic, on the basis of a tacit agreement with the rival of the Democratic Party led by Massoud Barzani.
 
But this year, the competition seems fierce, especially after the freezing of the presidency of the region, and the KDP considered the previous agreement by virtue of the abolition, especially as it is the largest Kurdish parliamentary bloc in Baghdad.
 
The rival to the succession of Fuad Masum was confined to the candidate of the Patriotic Union of Kurdistan, the former prime minister in the region, former deputy prime minister Nuri al-Maliki Barham Salih, and the candidate supported by the Kurdistan Democratic Party rival Fuad Hussein, former head of the Kurdistan Regional Presidency.
 
According to the Iraqi constitution, the candidate is required to receive two-thirds of the votes of deputies. On the other hand, the Iraqi Prime Minister and Commander-in-Chief of the Armed Forces, Haider Abadi, yesterday, ordered the appointment of Lieutenant-General Qasim al-Maliki as a new army commander in the province of Basra, which was the scene of violent confrontations between the security forces and protesters.
 
Maliki's appointment follows former leader Jamil al-Shammari, who was sacked by Abbadi after the violent protests in Basra in early September, leaving dozens dead and wounded.
 

Iraq to Raise Light Crude Exports
 
 
Tuesday, October 02, 2018
 
Iraq plans to increase the production and exports of light crude oil to 1 million barrels per day in 2019, as part of its strategy to boost state revenue, its oil minister Jabar al-Luaibi said on Sunday.
 
Light crude oil is a new grade with an API gravity of around 34-43, while the current Basrah Light grade that Iraq exports will be renamed Basrah Medium, one Iraqi industry source familiar with the matter said, Reuters reported.
 
The American Petroleum Institute gravity, or API gravity, is a measure of how heavy or light petroleum liquids are compared to water. Crude oils with an API gravity of above 31 are considered light.
 
“This decision will boost Iraq’s position in the global oil markets by producing three crude grades: light, medium and heavy,” al-Luaibi said in a statement.
 
Iraq is OPEC’s second-largest producer after Saudi Arabia and pumps around 4.6 million bpd. The majority of its crude exports go to Asia.
 
The bulk of Iraq’s oil is exported via the southern terminals, which account for more than 95% of the OPEC producer’s state revenues. Iraq exported 3.583 million bpd from the southern ports on the Persian Gulf in August.
 
Iraq’s oil production will only grow marginally over the next 10 years despite its potential capacity, which stands at as much as 7 million bpd, an analyst from IHS Markit has recently forecast. According to Christopher Elsner, Iraq will only be able to boost production to 5 million bpd over the next decade, and by 2036 it would only grow to 6 million bpd, Arab News reports.
 
Saudi confirmation of the opening of a new port Arar with Iraq soon
 
 
Kurdistan receives the first Saudi aircraft
 
Tuesday, 02 October 2018 AD Issue Number [14553]
 
Passengers on the first Saudi Arabian Airlines flight from Jeddah to Erbil yesterday (AFP)
 
Riyadh: Abdel Hadi Habtoor
 
Abdul Aziz al-Shammari, the Saudi ambassador in Iraq, revealed the opening of a new port Arar between Saudi Arabia and Iraq in the coming months. The statement came at a time when Arbil, the capital of Iraqi Kurdistan, received yesterday, the first Saudi flights that landed at Erbil International Airport, a year after the resumption of flights with Iraq after 27 years of interruption. 
Al-Shammari told Asharq Al-Awsat that "communication between the two countries will not only be through the air, but will also be reinforced across the land border, through the opening of a new port (Arar) in the coming months." 
The Saudi ambassador in Iraq pointed out that relations between the two countries are distinct and are witnessing rapid and significant development. "There is a continuity between the two leaderships, and the use of Saudi airspace for the Iraqi airspace and the use of the Saudi airspace for the Saudi airspace represents a positive message to all, and proof that the relations between the two countries are better than they were," he said. 
He also hinted that other Iraqi airports would receive a share of Saudi Arabian Airlines in the coming period. "In sha Allah, we see Saudi Airlines at other Iraqi airports in Najaf, Basra and Sulaymaniyah. The future is bright. We look forward to opening the border port between the two countries within 10 months . 
He pointed out that the new outlet Arar, which is implemented part of the arena of trade exchange, and build an Iraqi port. 
On its first trip, a delegation headed by Saleh al-Jasser, General Manager of Al-Koot, launched its direct flights to Erbil, its second destination in Iraq after Baghdad, with 6 flights per week in both directions. 
The ceremony was attended by Abdul Aziz al-Shammari, the Saudi ambassador to Iraq, and officials of the Kurdistan region of Iraq, headed by Interior Minister Karim Sinjari and Tourism Minister Norouz Molo. 
Saudi Arabia announced that the operation of direct flights between Jeddah and Erbil aims to "serve multiple segments of guests, especially pilgrims and pilgrims, and businessmen, and provide investment opportunities and tourism programs, and serve the economic and tourism movement between the Kingdom and Iraq, as well as the promotion and development of the transit movement." 
"We are keen to extend the hand of cooperation and communication between the two countries and the two brotherly peoples," Al-Jasser said. "We look forward to this occasion as a beginning to be followed by many expansions that increase the bonds of cooperation and communication between the two countries, in accordance with the directives of the Custodian of the Two Holy Mosques. 
TALAR Faeq Saleh, President of Arbil International Airport, thanked Saudi Arabia and Saudi Airlines for starting direct flights between Jeddah and Erbil, a second destination after the capital Baghdad, stressing that it is a historic occasion that contributes to the development of relations between the two countries and the two brotherly peoples. Especially as the Saudi-Iraqi relations are witnessing great development and growth in all fields.
 
 
Jaafari calls on Washington to reopen its consulate in Basra: Iran accused of targeting "nonsense"
 
 
2018/10/01 23:16 94 p
 
Baghdad today - Baghdad
 
Iraqi Foreign Minister Ibrahim al-Jaafari on Monday called on the United States to reconsider the decision to close its consulate in the province of Basra, noting that accusing Iran of targeting the consulate was "nonsense".
 
"Iran was a victim before America, is it possible that the culprit is the victim," Jaafari said in a televised interview with Baghdad today. "They first started the Iranian consulate and raised slogans against Iran, although they sent their best young people to Iraq, To stand by him, and worked as advisers. "
 
For us, consulates and missions in Iraq are present in our hospitality and constitute an essential part of our sovereignty and security, and the Iraqi government is defending them, "he said.
 
He continued: "I imagine that the move is hasty, and I hope that America reconsider the decision," noting that "the Iraqis will not allow to touch any hand, missions and consulates."
 
US Secretary of State Mike Pompeo announced Friday evening, September 28, 2018, "the closure of the US consulate in Basra because of security threats."
 
In the same context, the Iraqi Foreign Ministry, Saturday, September 29, 2018, regretted the decision of US Secretary of State Mike Pompeo, the withdrawal of US consular staff in Basra.
 
"We regret the decision of the US secretary of state to withdraw US consular staff in Basra and warn US citizens not to travel to Iraq," State Department spokesman Ahmad Mahjoub said in a statement.
 
"Iraq is committed to protecting foreign diplomatic missions residing in its territory and securing them. The Iraqi government is determined to face any threats against diplomatic missions or any foreign visitor as their security is part of Iraq's security and legal and moral obligation."
 
The statement said the ministry "calls on the diplomatic missions not to pay attention to what is being promoted to disturb the atmosphere of security, stability and harm to Iraq's relations with the countries of the world.
 
 
 
Shiite blocs resolve their decision to choose Abdul Mahdi to head the government .. Barzani threatens to withdraw from the political process
 
Oct 01, 2018

Baghdad - "Al-Quds Al-Arabi": All parties involved in the coalition of "building" and "reform and reconstruction" to choose Adel Abdul Mahdi for the post of Prime Minister.
 
A source familiar with the progress of the negotiations for "Al-Quds Al-Arabi," that "the two prominent Shiite coalition agreed on Monday, the nomination of Adel Abdul Mahdi for the post of new prime minister," adding that "the coalition of reform and reconstruction, led by Moqtada al-Sadr, and construction led by Hadi al- , In addition to supporting the reference in Najaf, agreed to nominate Abdul Mahdi.
 
According to the source, who preferred not to be named, for the sensitivity of the situation, "the scenario of choosing the Prime Minister in 2014 (Haider Abadi) will be repeated at this session," noting that "there is no larger bloc, and will be chosen Abdul Mahdi by consensus of all parties."
 
"The leader of the Kurdistan Democratic Party, Massoud Barzani, sent a message to the Barzani Nejirvan Barzani of the blocs he met in Baghdad today, stating that he withdrew from the political process in the event of no vote for his candidate for the presidency of the republic" .
 
"The two prominent Shiite alliances have not yet settled on the presidential candidate," he said, adding that "there is a fear of Barzani's insistence on the position, comes in preparation for a subsequent step in the path of separation."
 
 
Hakim confirms to Barzani the need to agree the Kurds on one candidate for the presidency
 
 
01-10-2018 10:37 PM
 
The leader of the National Wisdom Movement Ammar al-Hakim, on Monday, during a meeting with the Kurdistan Regional Government President Nizrvan Barzani on the need to agree the Kurds on one candidate for the presidency.
The Information Office of the wise in a statement, that 'Hakim received Barzani in his office to discuss the latest political situation and the nomination of the post of President of the Republic in the next government',
He stressed Hakim according to the statement, on the 'importance of resolving the constitutional entitlements within the timing and legal and constitutional contexts and up to the formation of the next government, which we see to be approval of the terms of the Supreme Religious Reference and put services first priority to promote the country's service and development'
Mukada 'need to agree the Kurdish forces on one candidate for the presidency', and indicated that 'must be the President of the Republic of the representative of all and not a specific one',
Calling for 'the next president will be close
 
Kauaihn Economic Times:
 
ECONOMIC TIMES / CHATTER

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GLOBAL/NEWS/INFO
Today in HistoryChron.com
Today is Monday, Oct. 1, the 274th day of 2018. There are 91 days left in the year. Today’s Highlight in History: On Oct. 1, 1908, Henry Ford introduced his Model T automobile to the market. Read the full story

Get a simple plan for your finances in just 10 minutes a day
MarketWatch
Advice from the author of ‘From Here to Financial Happiness’ talks about ways to simplify your investments. Read the full story

Five things to know for the week ahead
BBC News US
Your Monday briefing on the most important stories coming up over the next seven days. Read the full story

Here's the biggest news you missed this weekend
USA TODAY
Disaster hits Indonesia, Trump tells of his "love" story with Kim Jong Un and more of the weekend's biggest news. Read the full story

Calendar: Week of October 1
CBS News
From the start of Breast Cancer Awareness Month to the Nobel Peace Prize announcement, "Sunday Morning" takes a look at some notable events of the week ahead Read the full story

OIL/COMMODITIES/ENERGY
Gold slips as dollar firms on Fed rate hike outlook
Gold prices slipped on Monday as the dollar firmed after touching a near three-week high in the prior session.

Gold slips as dollar firms amid Fed rate hike view
Gold prices slipped on Monday as the dollar steadied on the back of signs from the U.S. Federal Reserve that it would be pursuing a tighter monetary policy.

Oil aims to kick off start to week, month higher as Brent, WTI add to climb
MarketWatch
Oil futures on Monday extended a persistent uptrend with global crude prices adding to recent gains above a four-year high and U.S. oil around a three-month peak. Read the full story

Brent oil near four-year high ahead of Iran sanctions, but demand concerns loom
Oil prices steadied on Monday as Brent crude oil futures were close to their highest price in nearly four years.
Read more: 


Commodities Week Ahead: Brent Poised To Close In On $85; Gold Under New Pressure
Brent is likely to forge highs nearer $85 a barrel this week, pulling US crude along in a broad rally, as fears over upcoming sanctions on Iran ensure no imminent end to the bull run in oil.
https://www.investing.com/analysis/commodities-week-ahead-brent-seen-closing-in-on-85-while-dollar-pressures-gold-a-200346339




BANKS/BANKING/CREDIT 
WTF Is a Credit Rating?
CentSai
Humans get credit scores. Businesses and governments get credit ratings. Creditors like banks use both credit-risk assessment metrics to estimate the probability a borrower will repay a loan with interest. Investors use credit ratings to help them determine which corporate bonds and government bonds to purchase. The higher the credit rating, the higher the probability... Read the full story

Digital Banking Without (State) Borders As PNC Bank Goes National
PR Newswire
Karen Larrimer, head of PNC Retail Banking and Chief Customer Officer PITTSBURGH, Oct. 1, 2018 /PRNewswire/ -- PNC Bank launched today the national expansion of retail banking, leveraging an array of digital banking capabilities and featuring a new high-yield savings account available to new customers who reside beyond PNC's traditional market of 19 states and Washington, D.C. PNC soon will follow this digital bank expansion with a thin network of retail locations, beginning in Kansas City and Read the full story

Big US banks face increase in attempted cyberattacks
Fox Business
Banks are being asked to monitor traffic from hackers who appear to be searching for weaknesses in the firms' networks, Read the full story

Big banks promise to fix their mistakes
SBS News
Banking royal commissioner Kenneth Hayne QC warns changing the culture in Australian banks may not be easy and may take time. Read the full story

HSBC to face calls to 'quit Malta' as MEPs threaten campaign against UK's biggest lender
The Telegraph
HSBC must close its business in Malta if the tiny European Union state with a reputation for a lax approach to financial regulation does not do more to confront the scourge of money-laundering, a leading MEP has warned. Read the full story

Sharjah's United Arab Bank denies reports of merger with Bank of Sharjah, Invest Bank
Gulf Business
Reports claimed the Sharjah government was mulling the merger to create a bank with about Dhs66.2bn in assets The post Sharjah’s UAB denies reports of merger with Bank of Sharjah, Invest Bank appeared first on Gulf Business. Read the full story

Older millionaires becoming just as digitally savvy as younger ones, says Citi’s new HK chief
South China Morning Post
Angel Ng is seeking to make lender’s workforce more diverse in terms of age, knowledge and background, as she targets the city’s wealthy with a raft of new online and mobile services Read the full story

Saudi shelves $200 billion SoftBank Solar project: WSJ
Reuters
Saudi Arabia has shelved a $200 billion plan with SoftBank Group Corp to build the world's biggest solar-power-generation project, the Wall Street journal reported on Sunday, citing Saudi government officials. Read the full story

The Kings of Credit Cards: Why the Same Two Cards Keep Topping Lists
Inverse
The Chase Sapphire Reserve debuted to great hype two years ago, and has remained at the top of credit card rankings ever since. As for cash-back cards, the Citi Double Cash has also been a top pick for the last four years. We talked to Magnify Money about what makes these two cards so special. Read the full story

TREASURIES/BONDS/STOCKS
Top 5 Things to Know in the Market on MondayInvesting.com
© Reuters. Stocks to watch out for on Monday. Read the full story

How to Prepare for a Bear Market
The Motley Fool
Start here if you think prudence makes sense right now. Read the full story

Top 5 Things to Know in the Market on Monday
Investing.com - Here are the top five things you need to know in financial markets on Monday, October 1:
https://www.investing.com/news/economy-news/top-5-things-to-know-in-the-market-on-monday-1629602

5 Experts Give Us Their Views on the Last Financial Crisis — and the Next One
Barron's
In the run-up to the 10th anniversary of Lehman Brothers’ demise, Barron’s asked experts to reflect on what happened, and what might happen next. Read the full story


CRYPTO'S / DIGITAL CURRENCY
London Block Exchange Launching Crypto Pound-Backed Stablecoin - Bitcoinist.com
Bitcoinist.net
The London Block Exchange said they have permission to launch a new virtual currency, the LBXPeg. The stablecoin would be backed by UK Pound Sterling reserves. The London Block Exchange (LBX) is planning to release a new virtual currency pegged to the Pound Sterling. The startup’s CEO Benjamin Dives told Business Insider the first “cryptopound” would be minted within 10 days. LBX is proud to announce the worlds first GBP backed stablecoin! LBXPeghttps://t.co/9ltCtHEyVU — LBX, The London Block Read the full story

The Future of Ethereum Part 2: Casper, Sharding and eWASM | CryptoGlobe
CryptoGlobe
In Part 1 of our two-part series, we covered everything you need to know about the Ethereum ice age, the difficulty bomb, and the changes to Ethereum’s inflation rate set to come with October’s Constantinople update. Now that you have a firm grasp of Ethereum’s current development status and plans for the immediate future, we can take a look at the platform’s long-term plans, particularly Ethereum’s long-awaited 2.0 update, which focuses on Casper, sharding, and eWASM. Read the full story

Sterlin Lujan: The Burden Is on Investors to Make the Right Decisions
On September 14, Bitcoin.com ambassador Sterlin Lujan spoke at the NEXT BLOCK conference in Sofia (Bulgaria). He talked about the psychology and evolution of money and how cryptocurrencies can disrupt fiat’s hegemony but also touched on how governments can try to hinder this process. In an exclusive interview for Cryptovest, Lujan elaborated on his views. Last week, we published the first part of our conversation, which focused on the internal and external risks for cryptocurrencies.
https://www.investing.com/news/cryptocurrency-news/sterlin-lujan-the-burden-is-on-investors-to-make-the-right-decisions-1629940


Tether (USDT) Grappling with Allegations of Noble Bank Insolvency
Noble Bank, the financial institution backing Tether (USDT), has reportedly gone insolvent. The crypto community is still commenting the news with caution, either dismissing it as fear-mongering or seeing the event as potentially having repercussions for the entire crypto ecosystem.
https://www.investing.com/news/cryptocurrency-news/tether-usdt-grappling-with-allegations-of-noble-bank-insolvency-1629686


Spain Remains a Primary Example of Blockchain Optimism on All Levels
On Sept. 17, Europa Press reported on the contract the autonomous community of Aragon, one of the 17 Spanish autonomous communities, signed with Alastria — a blockchain ecosystem of more than 274 entities, including companies and institutions which create blockchain-based tools in line with Spanish and European Union legal frameworks.
 

CURRENCIES
USD longs dropped slightly, EUR longs dropped heavily - Rabobank
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According to the IMM net speculators’ positioning as at September 25, 2018, USD speculators’ long positions dropped slightly, though they remain essentially consolidative.
https://www.investing.com/news/forex-news


GBP/USD rallies beyond 1.3100 mark and then retreats on Brexit headlines
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   •  UK PM May said to compromise on Irish border and prompts some aggressive buying.
   •  Further gains, however, remained limited and the pair quickly retreats around 30-pips.
https://www.fxstreet.com/news/gbp-usd-rallies-beyond-13100-mark-and-then-retreats-on-brexit-headlines-201810011255

Canadian dollar rises on NAFTA hopes, yen hits 10-1/2-month low
The greenback slipped against the Canadian dollar on Monday as negotiators from Ottawa and Washington raced to meet a looming deadline on revamping the North American Free Trade Agreement.

Canadian loonie, Mexican peso soar on last-minute Nafta deal
MarketWatch
The Canadian loonie and Mexico peso were climbing against the dollar on Monday after a last-minute deal to bring Canada into the Nafta trade agreement. Read the full story

Lira Gains as Signs of Economic Cooling Boost Investor Sentiment
(Bloomberg) -- The lira gained to buck a drop in most emerging-market currencies as data showed the Turkish economy has started re-balancing after months of overheating.
Nikkei rises as dollar hits 11-month high against yen
MarketWatch
Asian stock markets were mixed in early trading Monday. With markets in China starting a weeklong holiday and Hong Kong closed, Asian equities traded on local factors, not broader themes. Read the full story

China bill sales will boost yuan by expanding investment options in Hong Kong
South China Morning Post
Central bank move to sell short-term securities in the city may signal start of separate monetary policy for the offshore market Read the full story

The Banks That Helped Danske Bank Estonia Launder Russian Money
Forbes Magazine
Danske Bank Estonia has been revealed as the hub of an enormous Russian money laundering engine. But it was helped by much bigger banks. Which banks were they, and what did they do? Read the full story


INSURANCE / HEALTH / SCIENCE
Is fasting the fountain of youth?
CNN
The available research indicates that your risk of disease can be lowered by even moderate intermittent fasting, in turn increasing your lifespan. Read the full story

Can eating less help you live longer?
CNN
Dr. Sanjay Gupta tells us how occasional fasting can help you live to 100. Read the full story

The Human Cell Atlas Is Biologists' Latest Grand Project
WIRED
The goal is to create a massive map of everything we know about all the cells in the human body, like the human genome did with DNA. Read the full story

Landmark cancer therapy wins Nobel prize
BBC News US
Two scientists working on immune treatments for cancer have won the 2018 prize for physiology or medicine. Read the full story

Overlooked MRI data may help diagnose brain disorders - Futurity
Futurity
A new technique that analyzes overlooked data from MRI scans reveals how many and which brain cells patients have—and shows where they’ve lost cells through injury or disease. The method eventually may lead to new ways to diagnose Alzheimer’s disease, multiple sclerosis, traumatic brain injury, autism, and other brain conditions through a simple brain scan. “There’s no easy way to detect the loss of neurons in living people, but such loss plays a role in many neurological diseases,” says Dmitriy Read the full story

The Medical Tests You Should Schedule ASAP, Based On Your Age
HuffPost
Navigating the world of medical tests can be confusing and lead to a lot of ... Read the full story

I Lost (and Kept Off) 70 Pounds by Doing These 3 Things
POPSUGAR
One day I'm gonna tell my kids the story about how I ran two marathons in two different countries in one week, and (hopefully) they'll think I'm a badass. In life, we go through a lot of major milestones worth celebrating. For me, graduating college was pretty epic. So was landing my first NY big-g ... Read the full story

Hearing aids: You ain't heard nothing yet
CBS News
Only about 20% of adults with hearing loss actually use hearing aids, but advances in technology and a new law may drive down prices – and be music to consumers' ears Read the full story

USA / CANADA
Donald Trump's Social Security Benefit Is Probably Higher Than You Realize
The Motley Fool
Hypothetically speaking, a rare bonus could allow President Trump to generate more Social Security income annually than the average American household generates in wage income. Read the full story

Gov. Jerry Brown signs bill to restore net neutrality in California
NBC News
Fierce legal battles loom as California moves to enforce Obama-era open internet policies struck down by the Trump administration. Read the full story

What You Need To Know About The New Alternative Minimum Tax
Forbes Magazine
The Alternative Minimum Tax (AMT) has changed, and it won’t trap nearly as many people as in the past. Read the full story

Lawmakers avoid government shutdown with spending bill
The Washington Times
The new fiscal year for the federal government starts Monday with every department fully open and running through at least early December, after Congress made its best progress in years in passing the government's annual spending bills on time. Lawmakers hailed the move back toward "regular order" after years of ... Read the full story

Can The U.S. Afford A Massive Wage Subsidy? A Macroeconomic Simulation
Forbes Magazine
A macrosimulation of an EITC expansion Read the full story
Canada and the US have reportedly agreed to a NAFTA framework
The United States and Canada have reached an agreement on a North American Free Trade Agreement framework, Reuters reported Sunday evening, citing a Canadian source.

Trump clinches deal with Mexico, Canada to succeed Nafta
Bloomberg
U.S. President Donald Trump is set to sign a successor to the North American Free Trade Agreement. Read the full story


EMERGING MARKETS
Guru of emerging market investments comes out of retirement - at 82!
Daily Mail
Mark Mobius is an obsessive. He works out at a gym like a man possessed at least twice a day to keep trim; is meticulous about the food he eats; and frantically writes finance books. Read the full story

Emerging markets, despite strengths, still get no respect
CNBC
The financial profiles of emerging markets are far better than they were just five years ago, but when global investors get worried about risk, emerging market assets are among the first things they sell. Read the full story

Fed should keep close eye on impact of its rate hike on emerging economies
My San Antonio
The following editorial appeared in Sunday's Yomiuri Shimbun: - - - Can the United States, which pulls the global economy along, maintain its robust economic growth? U.S. financial authorities should continue their policy management with even greater care. Read the full story

Venezuela's Crisis is a Policy Opportunity in Disguise
The National Interest
Elias Atienza Security, Americas If Americans don’t want their tax money to pay for resettlement costs, they should push for legislation that allows for private citizens and groups to sponsor refugees. On September 4, eleven Latin American countries called on the international community for increased humanitarian aid to help deal with the ongoing Venezuelan immigrant crisis. Thousands of Venezuelan refugees are pouring into neighboring countries every day due to an economic disaster and Read the full story




MIDDLE EAST
Hedge funds doubt Saudi Arabia will replace Iranian oil : Kemp
Reuters
Hedge fund managers are increasingly betting Saudi Arabia and its allies cannot or will not replace all the crude lost from the market when U.S. sanctions on Iran go into effect fully from November. Read the full story

Saudi Crown Prince arrives in Kuwait for talks
Business Insider
FILE PHOTO: Saudi Arabia's Deputy Crown Prince Mohammed bin Salman reacting upon his arrival at the Elysee Palace in Paris Thomson Reuters By Ahmed Hagagy KUWAIT (Reuters) - Saudi Crown Prince Mohammed bin Salman arrived in Kuwait on Sunday, state media reported, amid expectation that he will discuss oil supplies and a Kuwaiti mediation effort to resolve Saudi Arabia's conflict with Qatar. Prince Mohammed will hold talks with Kuwaiti Emir Sheikh Sabah al-Ahmad al-Jaber al-Sabah, state news Read the full story
Oil climbs on impending Iran sanctions amid potentially weak demand
Mubasher
Oil rose earlier on Monday ahead of US sanctions against Iran which would take effect in November. Read the full story

Deaths of four successful Iraqi women spark fear among females
Daily Mail
The deaths of Tara Fares (pictured), Rafif al-Yassiri, Rasha al-Hassan and Soad al-Ali have sparked fear among women who dare to break the mould in the conservative country. Read the full story

Iraq KRG Elections: Vote underway after parliamentary polls
TRT World
Iraq KRG Elections: Vote underway after parliamentary polls Read the full story

Trump's new strategy 'is working,' Afghan leader says
Fox News
Despite seventeen years of war with no apparent victory in sight for the U.S-led effort, the chief executive of Afghanistan, Abdullah Abdullah, insists that the Trump administration renewed approach to the stalemate conflict "is working." Read the full story

Israel's Netanyahu snubbed UNESCO at the Trump administration's behest
Axios
Israeli Prime Minister Benjamin Netanyahu made a controversial decision on Wednesday when he canceled his participation in a UNESCO conference on fighting anti-Semitism. Western diplomats and UN officials told me they think that Netanyahu, who was planning to attend, canceled in order not to anger the Trump administration. Read the full story


AFRICA
Foreign exchange shortages crippling Zimbabwe precious metal miners
FurtherAfrica
Foreign exchange restrictions via a government directive to control 85% of receipts were hammering precious metals miners in Zimbabwe, said executives at platinum group metal (PGM) and gold mining companies who added that the restrictions meant they only realised a portion of the value normally due to them from their mineral exports. Read the full story

Zimbabwe: Reserve Bank to Address High Prices, Forex Woes
AllAfrica
(Photo: The Herald) The monetary policy to be announced by Reserve Bank of Zimbabwe Governor Dr John Mangudya today is expected to proffer solutions to prices that have been going up and announce measures to create financial stability in the economy. Speaking ahead of the Monetary Policy Statement yesterday, Dr Mangudya said the statement will be designed to deal with the various challenges facing the economy. "The Monetary Policy Statement will be issued tomorrow (today) and is aimed at Read the full story

Zimbabwe: Ruling Party Probes Shortages of Basic Commodities
AllAfrica
Zanu Zanu-PF is concerned with the unjustified hiking of prices of basic commodities and the shortage of certain goods being experienced in the country, which the party expects to end soon as Government is dealing with the situation. Speaking during an inter-district meeting in Bindura on Saturday, Zanu-PF national political commissar Cde Engelbert Rugeje said the party did not understand what was causing the unjustified price increases of most basic commodities. "As the ruling party, we are Read the full story

Zimbabwe: Govt, Council Move to Ease Congestion
AllAfrica
Government and Harare City Council have moved to ease congestion through the construction of flyovers, roundabouts and widening of problematic roads. Construction of the Mbudzi flyover is set to begin by January next year after Government flighted the tender. Harare City Council is already upgrading the bypasses to be used during the construction of the overpass. Local Government, Public Works and National Housing Minister July Moyo recently tasked council to make provision for modern roads in Read the full story

Zimbabwe: Mnangagwa's UN Performance Shames Detractors
AllAfrica
The hatched plan by the MDC-Alliance supporters in the United States to humiliate President Mnangagwa, through demonstrations during the just-ended 73rd Ordinary Session of the United Nations General Assembly in the United States, miserably flopped. The MDC-Alliance's US branch had slated their demonstrations for Saturday; three days after President Mnangagwa had delivered his maiden blast of a speech that attracted foe and friend alike. President Mnangagwa returned on Friday. Already, the Read the full story

Zimbabwe: Concern Over Water Systems in New Suburbs
AllAfrica
(Photo: Pexels) There are concerns that the outbreak of water-borne diseases like cholera and typhoid could be difficult to contain as the rainy season approaches since most new high- density suburbs rely on septic tanks for their sewer disposal and wells for water supply. In some high-density suburbs, stands as small as 200 square metres have both a well and a septic tank, risking contamination of water. Most new high-density suburbs in areas around Harare are not connected to either water Read the full story

Low-cost natural gas to fuel Africa’s economic revolution
FurtherAfrica
Gas remains a largely untapped energy resource in Sub-Saharan Africa with resource estimates suggesting offshore discoveries in the Rovuma Bason may turn Mozambique into one of the world’s largest natural gas exporters by 2023. Read the full story

Low-cost natural gas to fuel Africa’s economic revolution
FurtherAfrica
Gas remains a largely untapped energy resource in Sub-Saharan Africa with resource estimates suggesting offshore discoveries in the Rovuma Bason may turn Mozambique into one of the world’s largest natural gas exporters by 2023. Read the full story

Marriott International to increase its Africa hotels by 50 percent by 2023
Reuters
Marriott International plans to increase its hotels in Africa by 50 percent in the next five years, opening new facilities in markets where it already operates and venturing into new ones like Mozambique, the company said on Monday. Read the full story

Angola: Non-oil tax revenue increases 18 percent
FurtherAfrica
Non-oil revenues reached AKz 898 billion in the first half of this year, there was an increase of 18 percent compared to the previous period of 2017. Read the full story

What Happens When Cape Town Runs Out of Water?
National Geographic
Cape Town is currently suffering from a water crisis as a result of drought and an increased population over the past three years. Read the full story

ASIA
Trade war, Federal Reserve rate hikes should push China to double down on measures to boost growth
South China Morning Post
David Brown says in the face of global headwinds, China’s policymakers could consider cutting interest rates, slashing taxes and increasing spending to keep the economy on course Read the full story

Asia markets mixed amid a slowdown in China's manufacturing sector
Data released on Sunday showed that China's manufacturing sector slowed down in September, amid Beijing's ongoing trade war with the U.S.

The Chinese threat to U.S. financial dominance
Axios
The rise of U.S. unilateralism has given new urgency to the perceived need for a world financial order that isn't dominated by America. When China becomes the world's largest economy, will the financial world still be dominated by the dollar, the Treasury and the Fed? Not if China has any say in the matter. Read the full story

China manufacturing weakens amid US tariff battle
ABC News
Chinese manufacturing weakens as export demand shrinks amid tariff battle with Washington Read the full story
China cancels security talks with United States
Reuters
China has canceled a security meeting with U.S. Secretary of Defense Jim Mattis that had been planned for October, a senior U.S. official said on Sunday, days after a top Chinese official said there was no reason to panic over tensions between the countries. Read the full story

China's latest move shows it's committed to fighting Trump in the trade war for the long haul
Business Insider
Chinese President Xi Jinping. China announced it would cut tariffs on about 1,500 goods starting November 1. The move comes days after the latest round of tariffs in the US-China trade war went into effect. China's tariffs cut shows the government is settling in for a protracted trade war with President Donald Trump and the US. The tariff cut would decrease inflationary pressures on Chinese consumers and help to build relationships with non-American suppliers. China's government announced on Read the full story



EUROPE
European markets turn positive with NAFTA deal in focus; Ryanair down 8%
CNBC
Stocks in Europe rose during mid-morning deals as investors digested news of a trade agreement between the U.S., Canada and Mexico. Read the full story

Six months before Brexit, the UK government is attacking the EU
CNBC
Key differences, including the future of the Irish border with Northern Ireland, remain – leading many to believe that a no-deal is the more likely outcome. Read the full story

'Don't bully us', Britain takes new combative tone to Brexit talks
Reuters
Britain cannot be bullied, Brexit minister Dominic Raab said on Monday, sharpening the government's criticism of the European Union for taunting Prime Minister Theresa May and souring difficult Brexit talks. Read the full story

Britain could be left with 'no choice' but to pursue no-deal Brexit, Dominic Raab warns
Business Insider
Brexit secretary Dominic Raab is set to warn that the EU could force Britain into a no-deal Brexit. He will Britain would pursue a no-deal Brexit sooner than remain in the EEA or a customs union with the EU. "If an attempt is made to lock us in via the back door of the European Economic Area (EEA) and customs union ... then we will be left with no choice but to leave without a deal," he is expected to say. Raab's speech comes at the early stages of a party conference in Birmingham which is Read the full story

6 Months Before Brexit, Many in U.K. Fear ‘It’s Looking Very Grisly’
The New York Times
In myriad ways, the country is in the same position it was on the morning after the 2016 referendum: without a clear plan. Read the full story
d
 
CBI, ISX, Kauaihn Chatter:
 
CBI Update:
 
 
The CBI for Tuesday 10/2/18 did update on the indicative rates Sell Rate 1190
The currency auction is 185,480,346
There are 2 news and announcements.
1.Cancellation of the requirement to own shares

To the companies mediating the sale and purchase of foreign currencies (general).
October 02, 2018 Announcement of ICD202 Auction Results (for the sale of Islamic certificates of deposit)
2.  On October 10, 2018, the Central Bank approved the ICD202 sale of ESL certificates.
October 02, 2018  The Central Bank of Iraq approved the auction of ICD202 for the sale of Islamic certificates of deposit for a period of (30) days and the amount of (50) billion dinars (fifty billion dinars) and the sale of certificates of (20) billion dinars at a uniform rate and the highest rate of return (1.5% , And the number of participants was only one bank and had won the amount provided.
ISX Update:
Value Traded
77,660,372
Shares Traded
106,432,653
ISX ended in Red
 
Kauaihn Chatter:dd
 
http://www.dinarguru.com/
 
10-2-2018   Newshound /Intel Guru Mnt Goat   The banks are now brokering the dinar (buying and selling) it just as the online internet brokers are that you may have ordered it from. Why not since there is lots of money to be made and the banks deal with currencies and like to make money...They are NOT trading the dinar...There is a difference between selling and buying as a broker from trading it. If the banks were trading the dinar it would be sold on the currency exchanges too. It is NOT. The banks can not legally trade the dinar until it is reinstated as a global currency...So for a short period during the ISIS war in Iraq, they US treasury asked that they banks do not sell or buy this currency since they were afraid it could be used to fund terrorism once again. We even witnessed in late 2015 that the CBI wanted to reinstate the dinar but again it was denied due to the ongoing war with ISIS. They told us it would happen in “EARLY 2017” but again the war was not yet over until LATE 2017. Then in 2018, came the election saga and here we stand still waiting.
10-1-2018   Newshound Guru Kaperoni   The only way the dinar can appreciate in value is if the CBI floats the currency to counter inflationary pressure created by an influx of investment/investors. Even then it will take time.  I am still very hopeful that banking reforms will begin this year.  Though it is contingent on the formation of the new GOI, passing laws.
 
10-1-2018   Newsdhound/Intel Guru Mnt Goat   Remember we are waiting for the “reinstatement” of the dinar first and as a result of this process they will have to raise the rate when they re-peg the dinar to the SDR basket from a sole de -facto peg to the US dollar, thus many call this an RV or revaluation. ...many just think it going to pop out at the banks with a new rate...Folks for the use of the term “international” currency it must be accompanied with a “formal” and “official” reinstatement. It can not just RV...

10-1-2018   Newshound Guru Currency365  The Iraqi parliament is holding at 8pm tonight, a decisive session for the election of the President of the Republic...

10-1-2018   Intel Guru Jester   BEEN WORKING WITH THE WOLF [GURU REDWOLF] OFF AND ON ALL WEEK... THERE IS STUFF HAPPENING...THE REAL GUYS ARE CONVINCED THINGS ARE UNDERWAY... BUT STILL NO TIME TABLE IS FORTHCOMING...THE BOTTOM LINE IS THE PEOPLE I DO TRUST ARE CONVINCED THINGS ARE UNDERWAY... BY THAT MEANING THE PROCESS IS MOVING ALONG...THE MAIN THING IS THE ONES THAT COUNT THINK WE ARE THAT CLOSE...
 
9-30-2018 Newshound Guru Currency365 "A political source said Abadi is working intensively to reunite al-Sadr with al-Maliki, indicating that a "settlement" between parties will be picking "Adel Abdul Mahdi," as candidate for post of Prime Minister" Sit back relax and watch the it all play out folks.
 
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
  1.  10-1-2018 around 2:30 pm Eastern
    Kirkuk International Airport opens for commercial air traffic. The @IraqiGovt is investing in expanding connectivity and building a modern air transport infrastructure which are vital for Iraq’s economic growth and prosperity
  2. *************
ARTICLE 3

Norway's Prime Minister will visit Iraq soon
2018/10/2 11:49
[Ayna-Baghdad]
Foreign Minister Ibrahim al-Jaafari discussed with his Norwegian counterpart Inah Erkson Suridi on the sidelines of the 73rd session of the United Nations General Assembly in New York, the most important issues of mutual concern between the two countries.
Jaafari praised the position of Norway in support of Iraq, adding: "I appreciate and appreciate Norway's contribution to support Iraq in its war against terrorist gangs."
He called for "intensifying efforts to hold a meeting of the Joint Iraqi-Norwegian Committee because of their significant impact in opening new horizons for joint cooperation." He said: "We seek to exchange experiences, activate common interests, confront common dangers and contribute to the reconstruction of Iraqi cities."
For her part, Norway's Foreign Minister Ineh Erksen Suridi stressed "the continued support of her country to Iraq in various fields," pointing to the courage of Iraqis to eliminate the terrorist gangs and the high professionalism of the Iraqi armed forces. "
She revealed that "the Prime Minister of Norway will visit Iraq in the next phase in the framework of the development of relations between the two countries."

*************
ARTICLE 4
7 years in prison in absentia for the embezzled 11 billion dinars salaries of displaced workers
2018/10/2 11:16
[Ayna-Baghdad]
The Department of Investigation in the Integrity Commission issued the Criminal Court on the issues of integrity in Baghdad sentenced in absentia to seven years in prison, against a staff member of the Department of Health Nineveh; to prove that he embezzled more than eleven billion dinars in partnership with other defendants.
A statement of integrity received by the agency of all Iraq [where] a copy of it, "the Department confirmed, in an exhibition on the details of the case investigated and referred to the judiciary, that the fugitive convict has agreed and shared with other defendants separated their cases, embezzlement of salaries of staff of the Department of Health Nineveh displaced in the territory Kurdistan and Kirkuk, "noting that" the total amount of misappropriated amounted to 11 billion and 432 million and 466 thousand and 548 dinars. "
He added that "the facts of this case were corroborated by the evidence obtained by the statement of the legal representative of the Ministry of Health who requested the complaint against the accused and the minutes of the investigative committee that confirmed the defendant's theft of the amount mentioned with other defendants and recommended that he be referred to the judiciary. Accused, found by the court sufficient and convincing to criminalize him. "
"The decision issued last August in accordance with the provisions of Article 315 of the Penal Code contained a warrant of arrest and a fundamental search for the convicted person, as well as support for the seizure of his movable and immovable property and the right to claim compensation before the civil courts After the adoption of the decision to the degree of determinism. "

***************
ARTICLE 5-A

URGENT The postponement of the parliament session to elect the president of the republic is half an hour
2018/10/2 13:22 • 2 times read
Postponement of the parliament session to elect the President of the Republic half an hour

***************
ARTICLE 5-B
"Inevitably" of the choice of the President of the Republic in Tuesday's session

BAGHDAD (Reuters) - October 2 - Iraq's parliament is due to meet on Tuesday to choose the president after failing on Monday.

The Iraqi Council of Representatives failed to name the President of the Republic in Monday's session, and raised by the Speaker of Parliament for Tuesday in the hope of reaching a political consensus, especially within the Kurdish House.

The postponement, according to parliamentarians, in response to the request of MPs from the two parties and the Patriotic Union of Kurdistan, the Kurdistan Democratic Party, and give them a chance to agree on a single candidate to serve as President of the Republic.

The order will be decided today according to the deadline set by the constitution, the second of October, to bring the curtain on a political debate lasting weeks ..

Parliamentarians spoke of the possibility of a surprise contrary to expectations.

While MPs said that the competition will be limited to the candidate of the National Union Barham Saleh, and Democratic Fouad Hussein, and may go to parliament with one candidate.

For its part, explained the Legal Committee in the parliament that the meeting today will announce the name of the President of the Republic "inevitably" and that it will be through the vote of the deputies to the candidates, win them get two thirds of the votes or more.

*************
ARTICLE 6


catnip comment: Definitely worth listening to this entire video....it's only 17:35 minutes long (pay special attention starting around the 5:00 minute mark....very interesting!!).

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