WOTS Tuesday 11/6/18:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,162.8000 | 1,162.8000 | 1,162.8000 | | 20:00 |
| USD/VND | | | 23,300.0000 | 22,882.4000 | 22,882.4000 | | 04:24 |
| USD/CNY | | | 6.9274 | 6.9049 | 6.9248 | | 05:17 |
| USD/KWD | | | 0.3034 | 0.3027 | 0.3034 | | 05:11 |
| GBP/USD | | | 1.3083 | 1.3025 | 1.3061 | | 05:17 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,953.0000 | 14,786.0000 | 14,925.6000 | | 05:17 |
CNBC Link:
CNBC Morning Squawk Link:
No link yet
DC NY Iraq Articles:dd
A source likely to vote on the parliament and 6 ministers and postpone the nomination of candidates for defense and the interior
06/11/2018 Iraq News Now
Baghdad / Al-Ghad Press:
A senior political source said on Tuesday that the House of Representatives may vote on six of the eight candidates to fill the remaining portfolios, and postpone the nomination of candidates for the Ministries of Defense and Interior, noting that the movement of Asaib Ahl al-Haq will not get the Ministry of Culture and Tourism.
The source said that "it is hoped that the meeting of the House of Representatives on Tuesday, may see the naming of six of the remaining eight, and postpone the nomination of candidates of the internal and defense portfolios to another notice because of the dispute between the coalition of construction and reform."
He pointed out that "the alliance of construction Egypt on Tsknm Faleh Fayadh to the portfolio of the interior, which is opposed to the alliance of reform and specifically coalition are going."
"The ministers of planning, education, higher education, culture, justice and immigration may be passed in today's session if they are held," the source said.
He pointed out that "the Ministry of Culture Tourism will not be to Asaib Ahl al-Haq, and the portfolio of justice may go to the Patriotic Union of Kurdistan, while will be assigned to the migration and displaced persons to the candidate of the Fatah Alliance."
The Governor-General of Australia for: Going to support Iraq, human and military {expanded}
Editorial Date: 2018/11/6 11:54 • 75 times read
(Baghdad: Al-Furat News) The President of the Republic, Barham Salih, received at the Peace Palace in Baghdad Tuesday morning, the Governor-General of Australia Peter Kosogrov.
"At the outset of the meeting, the Governor-General of Australia extended his congratulations to President Barham Salih, wishing him success in the performance of his duties and pointed to the depth of the ties between Iraq and Australia," a presidential statement said.
While welcoming the visit of the Governor of Australia to Iraq, President Barham Saleh stressed the strength of relations between Iraq and Australia, stressing "the need to strengthen and activate the agreements signed between the two friendly countries and to serve the common interests of their peoples."
He thanked Saleh, Australia's Governor General for Australia's support for Iraq in its war against the terrorist advocate, through the military effort within the international coalition against terrorism and the continuation of Australian troops in supporting the Iraqi army by developing its combat skills.
The president praised the Australian role in humanitarian aid, especially in the field of relief of displaced people, calling on Australian companies to contribute to the reconstruction of liberated areas and rehabilitation of infrastructure in Iraq.
For his part, the Governor-General of Australia, Peter Cosgrove, expressed his country's determination to move forward in support of Iraq, human and military, "adding that" his country looks forward to strengthening its relations with Iraq in all fields. "
Cosgrove, who is visiting Iraq to inspect his country's troops, praised the victories achieved by the Iraqi forces and the support and support of their friends for their support and liberation of Iraqi cities, stressing the importance of this victory in achieving the security and stability of Iraq and the region.
President Barham Saleh also pointed to the importance of expanding cooperation between the two countries in all fields, especially in the education and agriculture sectors, "indicating Iraq's aspiration to increase scholarships to Australia.
While welcoming the visit of the Governor of Australia to Iraq, President Barham Saleh stressed the strength of relations between Iraq and Australia, stressing "the need to strengthen and activate the agreements signed between the two friendly countries and to serve the common interests of their peoples."
He thanked Saleh, Australia's Governor General for Australia's support for Iraq in its war against the terrorist advocate, through the military effort within the international coalition against terrorism and the continuation of Australian troops in supporting the Iraqi army by developing its combat skills.
The president praised the Australian role in humanitarian aid, especially in the field of relief of displaced people, calling on Australian companies to contribute to the reconstruction of liberated areas and rehabilitation of infrastructure in Iraq.
For his part, the Governor-General of Australia, Peter Cosgrove, expressed his country's determination to move forward in support of Iraq, human and military, "adding that" his country looks forward to strengthening its relations with Iraq in all fields. "
Cosgrove, who is visiting Iraq to inspect his country's troops, praised the victories achieved by the Iraqi forces and the support and support of their friends for their support and liberation of Iraqi cities, stressing the importance of this victory in achieving the security and stability of Iraq and the region.
President Barham Saleh also pointed to the importance of expanding cooperation between the two countries in all fields, especially in the education and agriculture sectors, "indicating Iraq's aspiration to increase scholarships to Australia.
US Trade Mission to Baghdad in December
6th November 2018
Iraq Industry & Trade News U.S. Chamber of Commerce Business Mission to Baghdad: December 9-11, 2018
The U.S. Department of State and the U.S. Chamber of Commerce are pleased to announce the first business mission for American companies to Baghdad since the 2018 parliamentary elections.Delegates will have an opportunity to meet Iraqi leadership and learn about commercial and investment opportunities across a range of sectors.Host: Andrew Peek, Deputy Assistant Secretary, Bureau of Near Eastern Affairs, U.S. Department of StateGuest Speakers: Deputy Secretary John Sullivan; U.S. Ambassador Douglas Silliman; U.S. Chamber’s Vice President for the Middle East Steve Lutes
U.S. Chamber of Commerce Business Mission to Baghdad: December 9-11, 2018
Topic: U.S. Chamber of Commerce Business Mission to Baghdad: December 9-11, 2018
Host: Andrew Peek, Deputy Assistant Secretary, Bureau of Near Eastern Affairs, U.S. Department of State
Guest Speakers: Deputy Secretary John Sullivan; U.S. Ambassador Douglas Silliman; U.S. Chamber’s Vice President for the Middle East Steve Lutes
Date and Time: Tuesday, October 30, 11:30 a.m. EDT
Brief Description of Call: The U.S. Department of State and the U.S. Chamber of Commerce are pleased to announce the first business mission for American companies to Baghdad, Iraq since the 2018 parliamentary elections. Delegates will have an opportunity to meet Iraqi leadership and learn about commercial and investment opportunities across a range of sectors. Please join the call to learn more about plans for the upcoming business mission and how you can participate.
Rebuilding & Reconstruction Iraq Delivering the Vision
6th November 2018 in
Construction & Engineering In Iraq, Investment, Iraq Banking & Finance News, Iraq Industry & Trade News, Iraq Oil & Gas News
Rebuilding & Reconstruction – Iraq – Delivering the Vision Register Now IBBC returns to Dubai on 25 November with a full agenda of expert speakers to discuss the most important issues facing Iraq’s economy. Baroness Nicholson of Winterbourne, President of IBBC and The Prime Minister’s Trade Envoy to Iraq, Azerbaijan, Turkmenistan & Kazakhstan will open the conference, alongside […] Click on link above to see all details.
SWIFT prevents Iranian banks from access their services
http://translate.
http://translate.
05/11/2018 Twilight News Twilight
The financial services company specialized in financial transfers around the world, "Swift", it prevented Iranian banks from accessing its services, with the entry of US sanctions on Tehran, to take effect. The financial services company specialized in financial transfers around the world, "Swift", it preverted Iranian banks from access its services, with the entry of US sanctions on Tehran, to take effect.
On Monday, the United States began implementing its second package of economic sanctions on Iran, including energy, finance and shipping. On Monday, the United States began implementing its second package of economic sanctions on Iran, including energy, finance and shipping.
Brussels-based Swift issued a statement expressing its regret over the ban on Iranian banks from entering the remittance system, saying the ban was "to safeguard the security and stability of the financial system around the world." Brussels-based Swift issued a statement expressing its regret over the ban on Iranian banks from entering the remittance system, saying the ban was "to safeguard the security and stability of the financial system around the world."
And Swift, provide a secure network of inter-bank communication around the world, through the system of remittances in various currencies, through which the vast majority of remittances between banks and central banks. And Swift, provide a secure network of inter-bank communication around the world, through the system of remittances in various currencies, through which the vast majority of remittances between banks and central banks.
As of today, Iranian banks will be unable to carry out any remittances with anyone outside the country (sending and receiving), making it difficult for foreign exchange to be traded abroad. As of today, Iranian banks will be unable to carry out any remittances with anyone outside the country (sending and receiving), making it difficult for foreign exchange to be traded abroad.
The sanctions apply to foreign financial institutions that deal with the Central Bank and other Iranian banks, and also include the operators of ports, shipyards and shipping companies. The sanctions apply to foreign financial institutions that deal with the Central Bank and other Iranian banks, and also include the operators of ports, shipyards and shipping companies.
The package went into effect after another, which began on August 6, three months after US President Donald Trump announced his country's withdrawal from the nuclear deal. The package went into effect after another, which began on August 6, three months after US President Donald Trump announced his country's withdrawal from the nuclear deal.
The financial services company specialized in financial transfers around the world, "Swift", it prevented Iranian banks from accessing its services, with the entry of US sanctions on Tehran, to take effect. The financial services company specialized in financial transfers around the world, "Swift", it preverted Iranian banks from access its services, with the entry of US sanctions on Tehran, to take effect.
On Monday, the United States began implementing its second package of economic sanctions on Iran, including energy, finance and shipping. On Monday, the United States began implementing its second package of economic sanctions on Iran, including energy, finance and shipping.
Brussels-based Swift issued a statement expressing its regret over the ban on Iranian banks from entering the remittance system, saying the ban was "to safeguard the security and stability of the financial system around the world." Brussels-based Swift issued a statement expressing its regret over the ban on Iranian banks from entering the remittance system, saying the ban was "to safeguard the security and stability of the financial system around the world."
And Swift, provide a secure network of inter-bank communication around the world, through the system of remittances in various currencies, through which the vast majority of remittances between banks and central banks. And Swift, provide a secure network of inter-bank communication around the world, through the system of remittances in various currencies, through which the vast majority of remittances between banks and central banks.
As of today, Iranian banks will be unable to carry out any remittances with anyone outside the country (sending and receiving), making it difficult for foreign exchange to be traded abroad. As of today, Iranian banks will be unable to carry out any remittances with anyone outside the country (sending and receiving), making it difficult for foreign exchange to be traded abroad.
The sanctions apply to foreign financial institutions that deal with the Central Bank and other Iranian banks, and also include the operators of ports, shipyards and shipping companies. The sanctions apply to foreign financial institutions that deal with the Central Bank and other Iranian banks, and also include the operators of ports, shipyards and shipping companies.
The package went into effect after another, which began on August 6, three months after US President Donald Trump announced his country's withdrawal from the nuclear deal. The package went into effect after another, which began on August 6, three months after US President Donald Trump announced his country's withdrawal from the nuclear deal.
Budget of 2019. Closure of embassies in countries that do not have representation in Iraq
Baghdad / Al-Ghad Press:
Article 31, paragraph 5, in the budget of 2019, which was addressed by Prime Minister Adel Abdul-Mahdi to the House of Representatives, the closure of embassies and missions in countries that are not diplomatic representation.
"The Foreign Ministry should close Iraqi embassies and missions in countries that do not have diplomatic representation in Iraq in accordance with the principle of reciprocity. The ministry is also entitled to merge some Iraqi embassies into one regional embassy that includes a number of countries," said the fifth paragraph.
New oil agreement between Iraq and China "New" oil agreement between Iraq and China
05 November 2018
Baghdad - Nass Baghdad
China's state-owned Chenhwa Oil Co. is expected to sign an initial agreement involving a proposed joint venture with Iraq's state oil marketing company (SOMO) and the 2019 crude oil supply for the year 2019 in Shanghai next week, two sources familiar with the project said.to sign an initial agreement, including a proposed joint venture with Iraq's state oil marketing company (SOMO) and crude oil supply for 2019 in Shanghai next week, two sources said.
The deal will be part of deals expected at the China International Import Fair from November 5 to 10, which will be attended by thousands of foreign companies and Chinese buyers to showcase import opportunities in the world's second-largest economy, Reuters reported. The deal will be part of deals expected at the China International Import Fair from November 5 to 10, which will be attended by thousands of foreign companies and Chinese buyers to showcase import opportunities in the world's second-largest economy, Reuters reported.
The Somo-Chenhua joint venture, which has been under negotiation for months, will help boost Iraq's position in Asia, the world's fastest-growing and fastest-growing oil region, and Iraq is OPEC's second largest oil producer. The Somo-Chenhua joint venture, which has been under negotiation for months, will help boost Iraq's position in Asia, the world's fastest-growing and fastest growing oil region, and Iraq is OPEC's second largest oil producer.
One source, who asked not to be named because he was not authorized to speak to the media, said the new project would be based in Tianjin, a coastal city near Beijing in northern China. The source did not specify the annual volume of supplies in the ore section. One source, who asked not to be named because he was not authorized to speak to the media, said the new project would be based in Tianjin, a coastal city near Beijing in northern China. The source did not specify the annual volume of supplies in the ore section.
The deal is expected to be finalized in November. The deal is expected to be finalized in November.
Chenhua Oil, a unit of China's Norinco Defense Co., is also expected to renew an annual agreement on the 2019 annual oil supply during the show with Saudi Aramco, the source said, without giving details. Chenhua Oil, a unit of China's Norinco Defense Co., is also expected to renew an annual agreement on the 2019 annual oil supply during the show with Saudi Aramco, the source said, without giving details.
The Chenhua deal with Sumo would give China another option for crude supplies as the country is under pressure to cut its oil purchases from Iran, OPEC's third largest producer, with the United States expected to reinstate sanctions on Tehran on November 4 The second.The Chenhua deal with Sumo would give China another option for crude supplies as the country is under pressure to cut its oil purchases from Iran, OPEC's third largest producer, with the Unite
Baghdad - Nass Baghdad
China's state-owned Chenhwa Oil Co. is expected to sign an initial agreement involving a proposed joint venture with Iraq's state oil marketing company (SOMO) and the 2019 crude oil supply for the year 2019 in Shanghai next week, two sources familiar with the project said.to sign an initial agreement, including a proposed joint venture with Iraq's state oil marketing company (SOMO) and crude oil supply for 2019 in Shanghai next week, two sources said.
The deal will be part of deals expected at the China International Import Fair from November 5 to 10, which will be attended by thousands of foreign companies and Chinese buyers to showcase import opportunities in the world's second-largest economy, Reuters reported. The deal will be part of deals expected at the China International Import Fair from November 5 to 10, which will be attended by thousands of foreign companies and Chinese buyers to showcase import opportunities in the world's second-largest economy, Reuters reported.
The Somo-Chenhua joint venture, which has been under negotiation for months, will help boost Iraq's position in Asia, the world's fastest-growing and fastest-growing oil region, and Iraq is OPEC's second largest oil producer. The Somo-Chenhua joint venture, which has been under negotiation for months, will help boost Iraq's position in Asia, the world's fastest-growing and fastest growing oil region, and Iraq is OPEC's second largest oil producer.
One source, who asked not to be named because he was not authorized to speak to the media, said the new project would be based in Tianjin, a coastal city near Beijing in northern China. The source did not specify the annual volume of supplies in the ore section. One source, who asked not to be named because he was not authorized to speak to the media, said the new project would be based in Tianjin, a coastal city near Beijing in northern China. The source did not specify the annual volume of supplies in the ore section.
The deal is expected to be finalized in November. The deal is expected to be finalized in November.
Chenhua Oil, a unit of China's Norinco Defense Co., is also expected to renew an annual agreement on the 2019 annual oil supply during the show with Saudi Aramco, the source said, without giving details. Chenhua Oil, a unit of China's Norinco Defense Co., is also expected to renew an annual agreement on the 2019 annual oil supply during the show with Saudi Aramco, the source said, without giving details.
The Chenhua deal with Sumo would give China another option for crude supplies as the country is under pressure to cut its oil purchases from Iran, OPEC's third largest producer, with the United States expected to reinstate sanctions on Tehran on November 4 The second.The Chenhua deal with Sumo would give China another option for crude supplies as the country is under pressure to cut its oil purchases from Iran, OPEC's third largest producer, with the Unite
Kauaihn Iraq Articles:dd
The Secretary-General of the Council of Ministers heads the joint strategic dialogue committee with the GCC countries
Tuesday 6 November 2018 01:28 PM
Baghdad / ... The Secretary-General of the Council of Ministers Mahdi Al-Alaq, Tuesday, the meeting of the Joint Strategic Dialogue Committee between the Gulf Cooperation Council countries and Iraq.
"The committee was formed by a decision of the Council of Ministers which supported Iraq's joint plan with the Gulf Cooperation Council to prepare a master plan for the years 2018-2023," the secretary-general said in a statement to the secretariat. And prepare the comments of the ministries in order to prepare a comprehensive plan within one month, and submit them to the Council of Ministers for approval and directing the Ministry of Foreign Affairs to approach the Gulf Cooperation Council in this regard.
He pointed out that a ministerial committee headed by former Prime Minister Haidar al-Abadi after his visit to Saudi Arabia has worked to activate the sectoral cooperation with the ministries of education, culture, youth, sports, industry, transport and energy, and the areas of cooperation have come a long way in this regard, but the second meeting was postponed due to the Iraqi parliamentary elections.
He called on the ministries to prepare their plans and views on the strategic dialogue with the Gulf Cooperation Council and send it to the committee's decisions within one month to formulate them and send them to the cabinet.
The joint work plan for cooperation between the GCC and Iraq has raised the political, security, economic, educational, cultural, media, youth and sports fields. Finished
Abdul Wahid: Abdul Mahdi's government is expected and positions will continue by proxy
Editorial Date: 2018/11/6 7:30 • 248 times scheduled
(Baghdad: al-Furat News) confirmed the former deputy Sarwa Abdul Wahid that "the government provided by Prime Minister Adel Abdul Mahdi, contrary to what the political blocs expected."
"We did not expect the government to be formed in this way and be fragmented, subject to pressures, pressures and imposition of wills," Abdel Wahed told AFP. "Abdul Mahdi has perhaps some kind of freedom to choose one of the candidates, but some names have been imposed."
She added that "the government was not expected and the reason for the political blocs to stick to positions and candidates, and may be added in the agenda of the session of the parliament today the vote on two or more ministers and if there is no agreement may postpone the ministries to Thursday's meeting next."
"The media is dealing with the formation of the government at times sectarian or national quotas and this time a partisan allocation is inferior to the rest of the quotas, but we hoped there would be political opposition, and we expected that this government is completely different but not achieved."
Abdul Wahid said that "the success and failure borne by the political forces that supported Adel Abdul-Mahdi in the nomination for prime minister and the construction and others bear responsibility for this and will lose the government and blocks together if they fail to provide concrete services to the Iraqi people," noting that " Be stronger in detecting political pressures. "
"We are concerned about the continuation of political differences over the formation of the government and the continued administration of the agency by Abdul Mahdi and ministers."
She added that "the government was not expected and the reason for the political blocs to stick to positions and candidates, and may be added in the agenda of the session of the parliament today the vote on two or more ministers and if there is no agreement may postpone the ministries to Thursday's meeting next."
"The media is dealing with the formation of the government at times sectarian or national quotas and this time a partisan allocation is inferior to the rest of the quotas, but we hoped there would be political opposition, and we expected that this government is completely different but not achieved."
Abdul Wahid said that "the success and failure borne by the political forces that supported Adel Abdul-Mahdi in the nomination for prime minister and the construction and others bear responsibility for this and will lose the government and blocks together if they fail to provide concrete services to the Iraqi people," noting that " Be stronger in detecting political pressures. "
"We are concerned about the continuation of political differences over the formation of the government and the continued administration of the agency by Abdul Mahdi and ministers."
The Emir of Qatar announces his position on the new Iraqi government
Editorial Date: 2018/11/6 9:31 • 923 times read
(Al-Furat News) The Emir of Qatar, Sheikh Tamim bin Hamad al-Thani, announced his position on the formation of the new Iraqi government.
"We affirm our support for Iraq and we look forward to all its political forces to achieve comprehensive understandings that meet the aspirations of the Iraqi people," Al-Thani said in his speech at the opening ceremony of the forty-seventh regular session of the Shura Council at his headquarters on Tuesday morning in Doha.
He congratulated the Emir of Qatar on "forming the new Iraqi government" and wished her "success in the service of her people."
On this occasion, the Emir of Qatar touched on the most prominent features of the State's policy internally and externally, and its positions on various regional and international issues
He congratulated the Emir of Qatar on "forming the new Iraqi government" and wished her "success in the service of her people."
On this occasion, the Emir of Qatar touched on the most prominent features of the State's policy internally and externally, and its positions on various regional and international issues
A deputy demands Abdul Mahdi to investigate a decision issued by Abadi regarding the popular crowd
2018/11/05 10:37 190 Editor: Mos
Baghdad today _ Baghdad
Deputy MP Mona al-Gharabi called on Monday (November 5th, 2018), Prime Minister Adel Abdul Mahdi, to investigate a decision issued by former Prime Minister Haider al-Abadi regarding the popular mobilization.
Al-Gharabi said in a statement received by Baghdad that "the government of Abdul-Mahdi, the opening of an urgent investigation on the failure to pay the increase of the salaries of the sons of the popular crowd, which has been approved by law since 2016 and the issuance of measures by the government of Abadi cancel the increase before the end of his executive mandate, .
"The law, which is approved by the legislative authority, is not annulled by a decision of the executive government, and if this is true, it is clear and explicit violation of the constitutional norms in Iraq."
She added: "Why this disregard for the heroines of the people of the popular crowd and their sacrifices, and what is the reason for simplification and procrastination by implementing the law on increasing the salaries of the sons of the popular crowd and not valuing their sacrifices in defending the land of Iraq, which was subjected to the ugliest Mughal attack by gangs, which wants to blur the identity of Iraq and its civilization But thanks to the sacrifices draw victory and remained the banner of Iraq fluttering at home. "
On Sunday, November 4, 2018, Ahmed al-Asadi, a spokesman for the Al-Fath Alliance, confirmed that Abadi's government had abolished the increase in the salaries of the popular mobilization elements one day before the formation of the new government.
"The people of the popular crowd have all sacrificed for the homeland and were hoping to be fair with their armed forces counterparts and wait for the government's commitment after the People's Assembly Law was issued that the salaries of the crowd should be equal to those of the security forces," al-Asadi said.
"The former government did not comply with this law and did not comply with Article 25 of the budget of 2017, which provides for the addition of the necessary allocations," noting that "the former Prime Minister Haider Abadi issued a decision to implement the law of the crowd and amend the salaries of associates and waited for the months months and still patient waiting for the implementation of the resolution" .
"Until two months ago a decision was issued by the Council of Ministers to increase the salaries of the elements of the crowd from the date of the first of October, and what surprised him is Abadi's cancellation on Tuesday the decision to increase the salaries of the popular crowd one day before the formation of the new government."
"The implementation of the law is the duty of the current government and we will not abandon the demand for the rights of the crowd. Perhaps the increase of salaries and half the crowd is the first test for the new government and we will continue to implement the law through our presence in parliament," he said.
Kurdistan Democratic Party reveals the date of the announcement of the new provincial government
2018/11/05 10:46 181 Editor: Mos
Baghdad today _ follow-up
The leader of the Kurdistan Democratic Party, Nasser Yusuf, on Monday, November 5, 2018, on the date of the formation of the Kurdistan Regional Government.
"The consultations of the Kurdish blocs on the formation of the new government continues and reached to understandings large and satisfactory to the majority of the parties," he said, noting that "everyone seeks to achieve the public interest on private benefit."
He added that "once the first meeting of the parliament, on Tuesday, October 6, and in accordance with the constitutional and legal controls, will be designated to the head of the government to form a new government of the province," pointing out that "understandings of the Kurdish blocs focused on the form of the next government and its program and the issue of distribution of portfolios is subject to the controls of efficiency and professionalism , And therefore all agreed on the choice of a government that achieves the aspirations of the Kurds and their interests and that the announcement of the ministerial reshuffle will not take long and may not exceed the end of this month.
On September 30, 2018, the Kurdistan region witnessed legislative elections and was issued by the Kurdistan Democratic Party after obtaining 45 seats out of 111 according to the final results announced by the Independent High Electoral Commission.
Baghdad today reveals details of what was discussed meeting Abdul Mahdi with the leadership of the popular crowd
Policy 2018/11/05 14:03 74
Baghdad today - Baghdad
A source familiar with the popular crowd revealed the details of what was discussed at the meeting, which he described as important. Prime Minister Adel Abdul-Mahdi, the commander-in-chief of the armed forces, gathered with the leadership of the popular crowd headed by Abu Mahdi al-Mohandes, deputy chairman of the organization.
"The meeting agreed to work together between the government and the popular crowd to find permanent financial resources to support the crowd," the source said in a statement to Baghdad today.
He pointed out that "the meeting stressed during the meeting that the crowd historic achievement of Iraq came at an important and sensitive stage and he gave a force to the army and police and the rest of the security services."
"The participants also stressed that the popular mobilization is a great fact that can not be bypassed and that the crowd should be supported," he said.
Iraq, GE Power to strengthen country's electricity sector
Iraq, November 5, 2018
Muscat: Iraq’s Minister of Electricity Luay Al Khateeb met a delegation of GE Power led by Joseph Anis, president and chief executive officer (CEO) of GE’s Power Services business in Africa, South Asia and the Middle East, at his office on Sunday.
The Iraqi minister discussed next steps to drive the Principles of Cooperation (POC) signed by the Ministry with GE to develop the country’s power sector.
Under the POC signed with the Iraqi Ministry of Electricity, GE intends to add new power generation capacity; provide repairs, rehabilitation, upgrades and maintenance services for existing power plants; develop substations and overhead lines across the country; set up a centralised energy management system; and undertake comprehensive decongestion network studies, as well as advisory services to reduce collection recoverable losses.
The ministry’s top priority is to strengthen the electricity infrastructure of the country on an urgent basis, and we are looking at all possible initiatives to help boost power generation in the country as well as to strengthen our transmission and distribution network,” Al Khateeb said.
The POC signed with GE serve as a strong action plan to help meet our requirements and we look forward to begin the execution of activities noted under this proposal,” he added.
We congratulate Luay Al Khatteb on his new position and look forward to working with the ministry to support the government’s vision of developing the country’s electricity infrastructure,” Joseph Anis said.
“We are committed to delivering the action plan under the recently signed POC and our top priority is to deploy GE’s proven fast power technologies and upgrades for existing assets to help bring up to an additional 1.5 gigawatts online by 2019 — the equivalent electricity needed to supply up to 1.5 million Iraqi homes,” he added.
“Power is foundational to growth and we are honoured and excited to support faster progress for the people of Iraq,” he said.
As part of the proposals in the POC, GE also plans to establish a local technology centre comprising of a repairs centre, monitoring and diagnostics centre and a training centre; provide three trailer-mounted mobile water treatment units; and supply neonatal intensive care equipment and advanced medical care training for nursing staff at a neonatal intensive care centre.
The plan is expected to generate up to 14 gigawatts (GW) of power, create up to 65,000 direct and indirect jobs, support the government to realise savings and recoverable losses of up to $3 billion per year and support access to water and healthcare for local communities.
GE will also assist the Government of Iraq to unlock financing for these projects through its extensive relationships with global export credit agencies and financial institutions.
Kauaihn Economic Times:
ISX Update:
ECONOMIC TIMES / CHATTER
FOR TWITTER ACCT
Just send a text message from your cell phone to:
40404 (may have to add 40404 as a contact first) Then send a message that says: Follow @FactsnOpinion1 and you will join their twitter feed and instantly get the doc. You do NOT have to join twitter to get tweets
ONLY SPACE IS AFTER FOLLOW
who are on their computers to go to:
to get to our twitter feed
MIDDLE EAST
d
GLOBAL/NEWS/INFO
Here's the news you missed this weekend
ABC News
ABC News
Before you begin your week have a look back at the top stories of the weekend. Read the full story
Evening news briefing from CNN
CNN
Evening news briefing from CNN on Sunday, November 4. Read the full story
10 Things to Know for Today
ABC News
Among 10 Things to Know: 'Everything's at stake' on eve of first Trump-era elections; Migrant caravan plans to push on toward Mexico's capital; Iran president warns of 'war situation' as US sanctions resume Read the full story
If you're planning to retire in 2019, here's how to make sure you're prepared
No matter what the next phase of your life will look like, there are some financial aspects you should consider now to help the transition go smoothly.
Russian billionaire Roman Abramovich owns the second-largest yacht in the world and a customized airplane with a 30-person banquet hall — see how else he spends his fortune of at least $11 billion
Business Insider
In 2008, Abramovich's net worth peaked at a reported $23.5 billion. Billionaire Roman Abramovich was once the richest man in Russia. Today, estimates of his net worth range from $11.6 billion to $14.1 billion. The billionaire owns UK's Chelsea soccer team as well as stakes in steel giant Evraz and mining company Norilsk Nickel. From superyachts and private jets to chateaus on the French Riviera, here's how Abramovich spends his billions. Roman Abramovich is a Russian billionaire with an Read the full story
OIL/COMMODITIES/ENERGY
PRECIOUS-Gold moves in tight range as markets await U.S. midterms
Reuters
* Specs increase net short positions in gold to highest in 3weeks Read the full story
Gold prices steady ahead of US midterm elections
Gold prices were steady in early Asian trade on Monday as the dollar eased, while investors are tuned in to the U.S. congressional elections on Tuesday.
Turkish inflation hits 25 percent in October, highest in 15 years
Turkish annual inflation surged to 25 percent in October, official data showed on Monday, hitting its highest in 15 years and underscoring the sustained impact of a currency crisis on the wider economy.
Oil slips as US sanctions on Iran begin, Tehran defiant
Oil prices fell on Monday as U.S. sanctions against Iran's fuel exports were softened by waivers allowing major buyers to import Iranian crude for a while.
Oil falls as U.S. grants Iran sanction waivers to eight importers
Reuters
Oil prices dipped on Monday as the start to U.S. sanctions against Iran's fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily. Read the full story
BANKS/BANKING/CREDIT
Deutsche's DWS to buy stake in Dubai-based digital investment firm
Reuters
DWS Group, Deutsche Bank's asset manager, has entered into a binding agreement to acquire an equity stake of 15 percent in Dubai-based Neo Technologies, the companies said on Sunday. Read the full story
Deutsche Bank squeezes past crucial health checks but investor concerns still remain
Investor concerns over Deutsche Bank were put to one side on Monday as the embattled German lender performed better-than-expected in the European Central Bank's (ECB) latest stress tests.
SoftBank CEO says Khashoggi killing may have some impact on the firm's Saudi-backed Vision Fund
SoftBank's chief executive broke his silence over the killing of journalist Jamal Khashoggi on Monday, saying the incident could have some impact on the firm's $100 billion Vision Fund.
Charles Schwab executive talks financial literacy
ABC News
Carrie Schwab-Pomerantz talks about financial literacy, gender parity and allowances Read the full story
The stats are in: Credit card fraud is down 75 percent because of chip technology
My San Antonio
(BPT) - The whole idea behind integrating EMV® chips into credit and debit cards was to make transactions safer and more secure for consumers and merchants. A recent report by Visa shows that it has hit the mark. Visa took a look at the numbers, comparing chip card use by consumers and adoption by merchants from the initial rollout of chip cards in 2015 to now. Read the full story
Credit Cards That Offer Instant Card Numbers Upon Approval
The Points Guy
In today's day and age, unless you’ve got a high number of recent credit card inquiries, issuers will typically give you an instant response when applying for credit cards. And if they don't, you can always call and ask for a decision over the phone. However, one thing that they don't all do is instantly provide you with your... Read the full story
Why You Probably Should Fire Your Broker
Forbes Magazine
Three questions you can ask to learn if your broker is acting in your best interests Read the full story
TREASURIES/BONDS/STOCKS
US Treasury yields fall as traders look ahead to midterms, economic data
CNBC
U.S. government debt prices rose on Monday as investors switched focus to the upcoming midterm elections. Read the full story
David Stockman believes the 40% market downturn he's long predicted has finally arrived
"Fair value of the S&P going into the next recession is well below 2000, 1500 — way below where we are today," the former OMB director told CNBC.
European stocks struggle against backdrop of weaker global equities
MarketWatch
European equities struggle for footing as a week heavy with risk events starts off weak. Italian stocks are in the spotlight as euro-area finance ministers meet to discuss budget. Read the full story
Top 5 Things to Know in The Market on Monday
Investing.com
© Reuters. Top 5 things to know today in financial markets Read the full story
CRYPTO'S / DIGITAL CURRENCY
Student Turns $5K into $800K Trading Crypto, But Now Owes $400K in Taxes - Bitcoinist.com
Bitcoinist.net
One college student turned his $5K investment into $880k but now says trading “ruined” his life as he’s facing $400k in cryptocurrency taxes. From Big Profits to a Tax Nightmare An anonymous college student recently posted on Reddit to solicit advice about what to do while they face a massive tax bill in the wake of cryptocurrency trading. According to the post, the student, who lives in California, put $5,000 into Coinbase last year after a friend said they were investing in Ethereum 00. After Read the full story
How Should CMO's Prepare For A Cryptocurrency Future?
Forbes Magazine
Injecting blockchain technology and cryptocurrency into a business model could help the business grow, or even bring it down. Understanding the 21st century customer base is important when deciding whether or not to enter into a whole new realm of digital finance. Read the full story
How Should CMO's Prepare For A Cryptocurrency Future?
Forbes Magazine
Injecting blockchain technology and cryptocurrency into a business model could help the business grow, or even bring it down. Understanding the 21st century customer base is important when deciding whether or not to enter into a whole new realm of digital finance. Read the full story
Bitcoin Cash Surges 25% as Exchanges Show Support for Upcoming Hard Fork | CryptoGlobe
CryptoGlobe
The bitcoin cash (BCH) community has recently been divided by disagreements over which technological upgrades should be implemented to the cryptocurrency’s network. As a result, its November 15hard fork threatens to split the BCH chain, and businesses have started to weight in. Read the full story
XRP-Based Canadian Crypto Exchange CoinField Goes Live, Offers Service to 61 Countries | CryptoGlobe
CryptoGlobe
On 1 November 2018, Canadian crypto exchange CoinField, which uses XRP as the base currency, announced that it had gone live with 20 trading pairs against XRP. Read the full story
CURRENCIES
Forex - Dollar Steady as Investors Mull Trade Tensions, Mid-Terms
Investing.com
Forex Nov 05, 2018 08:55 GMT Investing.com - The dollar was holding steady against a currency basket on Monday as Friday’s strong U.S. jobs report underpinned expectations for higher interest rates and investors mulled risks from heightened trade tensions and geopolitical risks. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was at 96.28 by 03:52 AM ET(08:52 AM GMT). The dollar remained supported after the Labor Department reported that Read the full story
Forex - Sterling Rebounds from Lows Amid Reports of Brexit Financial Services Deal
Investing.com
Pound recovers from weak data to break back above $1.30 Read the full story
Brexit deal talk sends pound climbing against dollar
MarketWatch
MarketWatch
The pound kicked off a new week on a stronger note, buoyed by fresh reports that Prime Minister Theresa May has secured a deal that will keep all of the U.K. in a customs union. Read the full story
Rupee opens lower against US dollar
Livemint
Mumbai: The Indian rupee weakened against the US dollar on Monday tracking losses in Asian currencies market amid speculation about a US-China trade deal and after better-than-expected U.S. payrolls. At 9.05am, the home currency was trading at 72.78 a dollar, down 0.52% from its Friday’s close of 72.44. The currency opened at 72.88 a dollar. The 10-year government bond yield stood at 7.78% from its previous close of 7.781%. Bond yields and prices move in opposite directions. The benchmark Sensex Read the full story
Inside Retail
Here's how the US trade war with China is affecting the Aussie dollar
Travelweekly
Currency experts say now is a good time to sell off any extra US notes you have floating around. We wish we didn't blow our last US$ on magazines at the airport now. Read the full story
Why yuan devaluation is not in China’s best interests and it’s time for Beijing to stop the free fall
South China Morning Post
South China Morning Post
David Brown says an adverse midterm election for Trump could see him push for a weaker dollar, resulting in a currency war that further rattles markets A weaker yuan will intensify the Chinese economy’s focus on exports, in contrast to Beijing’s intention of concentrating on domestic consumption Read the full story
Forex - Yuan Slips, Dollar Unchanged as Xi Promises Lower Tariffs
Investing.com
The yuan traded slightly lower while the dollar remained unchanged on Monday Read the full story
INSURANCE / HEALTH / SCIENCE
Low income explains poorer survival after a heart attack more than race, study finds
PBS NewsHour
A new study examining how long black or white people survive after a heart attack concludes that it’s socioeconomic status, far more than race, that explains who fares better. Read the full story
3 Simple Habits That Help Me Manage My Mental Health Every Day
POPSUGAR
If you suffer from anxiety or depression, you might find your mental health affecting different areas of your life when left unchecked. As someone who gets the blues often regardless of the time of year or what's going on in my life, I've found that the key to starting and ending every day on the ri ... Read the full story
Daylight saving time: 4 surprising health effects of ‘falling back’
NBC News
It turns out daylight saving time shifts are linked to changes in our health, diet and may even make us more accident prone. Here are some tips to adjust. Read the full story
CVS, Cardinal Health, Walt Disney, Midterm Elections: The Week Ahead
Barron's
Midterm elections slated for Tuesday, the Federal Open Market Committee meets on Wednesday and Thursday, and throughout the week data is released on consumer sentiment, producer prices, and the outlook for the non-manufacturing sector. Read the full story
A health plan that's cheaper but much riskier than standard health insurance
CNBC
A skimpier health plan that offers minimal coverage to only the healthiest people may not be the best option. Read the full story
USA / CANADA
NBC News
States will vote on these energy and environment issues in midterm elections
Ars Technica
State-level policies often affect local environment more than federal policies. Read the full story
EMERGING MARKETS
Venezuela, Cuba & Nicaragua: Team Trump's new Latin 'axis of evil'
New York Post
The George W. Bush administration had its “Axis of Evil.” Now the Trump administration has the term “Troika of Tyranny” to describe oppressive Latin American dictators it is now pledging to confront. The administration is right to call out the crimes of the leaders of Cuba, Venezuela and Nicaragua. But it remains to be seen if the White House can deliver a comprehensive strategy to go along with the rhetoric. National Security Adviser John Bolton gave a speech Thursday in Miami to a crowd filled Read the full story
Trump amps up Venezuelan crackdown, sanctions gold exports with executive order
Fox News
U.S President Donald Trump is continuing to squeeze the government of Venezuela's leftist President Nicolas Maduro, introducing a new round of sanctions designed to further rattle the embattled South American country's oil exports. Read the full story
Brazilian, Mexican and Colombian stock exchanges make sales pitch to investors from Hong Kong, China
South China Morning Post
Senior officials from Latin American exchanges say there are plenty of opportunities for investors Local brokers say Hong Kong-based investors will have to be educated first Read the full story
Reuters
As Saudi-coalition expands Yemen war, UN says famine accelerating
Aljazeera
Warning: This report contains some disturbing images. The UN Children's Fund is calling on the Saudi-led coalition and Houthi rebels in Yemen to allow aid deliveries to reach starving people. The director of UNICEF says 400,000 children are at risk of dying due to lack of food, 40 percent of whom live around Hodeidah. But instead of humanitarian supplies, more troops are arriving with the Saudi-UAE coalition's new offensives to take the vital port city. Al Jazeera's Nastasya Tay reports. Read the full story
US to reimpose all sanctions on Iran on Monday
Aljazeera
In under 12 hours, the US will reimpose some of its toughest sanctions yet on Iran. All measures lifted under the 2015 nuclear deal will be reimposed, despite Tehran's compliance with the agreement. The move has sparked anger in Iran, where thousands of demonstrators chanted, 'Down with the US,' as they marked the 39th anniversary of university students storming the US embassy in Tehran. Rather than fearful, many Iranians were contemptuous of the US move, noting that the US was alone in Read the full story
'
Don't threaten us,' Iranians tell US as sanctions set to return
Aljazeera
Tehran, Iran - Sporting a blonde wig, red tie and an ill-fitting blue suit, a slightly overweight man took to the stage and begun working the small crowd as if in a campaign rally. But this was the wrong rally. As the rotund impersonator was smiling and waving at passing traffic, another man stepped onto the stage to break the news to him: this was Tehran, the Iranian capital, and not some city in the United States. Bemused, the unwitting Donald Trump - in this makeshift Iranian version - let a Read the full story
Iran looks to Europe to keep nuclear deal alive as oil sanctions loom
Axios
With U.S. sanctions on Iranian oil set to kick in Sunday at midnight, Iran's foreign minister has reached out to a number of key European leaders to reaffirm their countries' support for the 2015 nuclear deal, Politico reports. Read the full story
Secretary Pompeo on Iran, sanctions and Saudi Arabia
Fox News
The Trump administration announces the remaining sanctions that were lifted as part of the 2015 Iran nuclear deal will be re-imposed on Monday; insight from Secretary of State Mike Pompeo. Read the full story
AFRICA
Ethiopian Airlines to launch Los Angeles – Lome non-stop flight
FurtherAfrica
The Ethiopian continues to pursue its quest of more international destinations, as it expands its service reach. Read the full story
Portugal and Mozambique end LAM and TAP monopoly on direct flights
FurtherAfrica
Portugal and Mozambique have ended the monopolies enjoyed by Mozambique Airlines (LAM) and TAP on direct flights between the two countries, the chairman of the Civil Aviation Institute of Mozambique (IACM) told Lusa. Read the full story
Village in the city tries to save Zimbabwe traditions
Artdaily
Children entering a hut in a suburb of Zimbabwe's capital gaze in wonder at objects foreign to them -- ancient farm tools, pottery, even the grass roof and reed mats on which they are asked to sit. A bespectacled elderly woman claps her hands to get their attention and tells them gripping tales with words and songs about animals, folklore and supernatural beings. Hatifari Munongi, a poet, storyteller and retired schoolteacher, has built a replica traditional homestead at her property in the Read the full story
Zimbabwe: Mnangagwa Privately Admits Economic Woes
AllAfrica
President Emmerson Mnangagwa this week acknowledged to business leaders that the country's economy was in distress and in dire need of immediate rescue, amid rising inflationary pressures and currency volatility. As the economic turmoil spiralled out of control in recent weeks, Mnangagwa's government has not shouldered responsibility, instead it has blamed alleged saboteurs and social media for fuelling panic-buying and a resultant spike in prices of basic goods and shortages of fuel, among Read the full story
Zimbabwe: Cholera - WHO Warns Against Vaccination Complacency
AllAfrica
Local authorities must continue to improve sanitation and the availability of clean water to prevent cholera as vaccination is not 100 percent effective, the World Health Organisation (WHO) has said. The latest cholera outbreak to hit Zimbabwe claimed some 55 lives with suspected cases reaching more than 9,000 countrywide. Government says the situation is under control after declaring a state of emergency and launching a vaccination campaign with the support of the WHO and other international Read the full story
Zimbabwe: Govt Vows 'Full Wrath of the Law' Against Polluters
AllAfrica
Government will soon start prosecuting individuals and organisations for environmental pollution as the country looks to curb the outbreak of diseases such as cholera which recently claimed more than 50 lives nationwide. This was confirmed by environment and tourism minister Prisca Mupfumira at a recent clean-up campaign held in Harare. "My ministry is ready to ensure that polluters of the environment through littering and dumping are prosecuted while promoting sustainable waste management Read the full story
FurtherAfrica
Africa’s future needs a better research culture—and not just for scientists
Quartz
Of the many developmental challenges facing Africa, scientific research doesn’t often rise to the top of the discussion agenda, though thankfully that has been changing… Read the full story
ASIA
Real test for Hong Kong’s economy comes at Lunar New Year as new wave of tariffs hit amid US-China trade war
South China Morning Post
City’s companies on the mainland will be hit hardest, with 25 per cent levy on US$200 billion worth of Chinese goods Smaller firms may seek new markets in chain effect that will deal blow to Hong Kong Read the full story
The rise of Chinese billionaires
Axios
The wealth of the world's billionaires rose by $1.4 trillion in 2017, the largest annual increase ever. Read the full story
China's services sector grows at slowest pace in 13 months as orders dry up
China's services sector chalked its slowest growth in over a year last month as the volume of new orders dried up, a private survey showed, suggesting a further loss in economic momentum as a rough 2018 draws to a close.
Reality Check: Is China burdening Africa with debt?
BBC News US
African countries face mounting debts. But where is it coming from? Read the full story
Real test for Hong Kong’s economy comes at Lunar New Year as new wave of tariffs hit amid US-China trade war
South China Morning Post
South China Morning Post
City’s companies on the mainland will be hit hardest, with 25 per cent levy on US$200 billion worth of Chinese goods Smaller firms may seek new markets in chain effect that will deal blow to Hong Kong Read the full story
China's Xi to Address Import Expo Opening Ceremony in Shanghai
Bloomberg
The China International Import Expo in Shanghai, a brainchild of President Xi Jinping, is set to open Monday with some 3,000 companies from more than 100 countries. Xi is scheduled to delivers a speech at opening ceremony. Tom Mackenzie reports on "Bloomberg Daybreak: Australia." (Source: Bloomberg) Read the full story
EUROPE
UK to assume no-deal Brexit unless a deal done in a week, ITV political editor
Reuters
Reuters
The British government has decided that unless there is a deal struck with the European Union within a week, the default option of a no-deal Brexit becomes the probable outcome, ITV's political editor said on Monday. Read the full story
In race for ECB banks' supervision job, Enria closes gap with Donnery: sources
Reuters
The race to take over theEuropean Central Bank's supervision arm has become a dead heatas southern European countries appear to be lining up behind anItalian candidate, four sources familiar with the process said. Read the full story
More than 60 business leaders call for vote on Brexit deal
CNN
At least 60 British business leaders have signed a letter calling for a public vote on the UK's Brexit deal. Read the full story
UK says reports of imminent Brexit deal are 'speculation'
ABC News
Prime Minister Theresa May's office has dismissed as speculation reports that Britain and the European Union are close to striking a divorce deal after reaching a compromise on the intractable issue of the Irish border Read the full story
Brexit: Letter signed by 1,400 top lawyers calls May to give voters final say on deal
The Independent
Fourteen hundred of the UK's top lawyers have urged Theresa May and MPs to back a second Brexit referendum, saying that democratic government “is not frozen in time”. Read the full story
Sterling hits two-week peak on smooth Brexit hopes; Asian shares seen jittery
Reuters
The British pound jumped to a two-week high on Monday on hopes Britain was inching closer to a smooth Brexit, while Asian stocks will likely have a nervous start amid worries about shaky Sino-U.S. trade relations. Read the full story
Britain pushes for U.N. Security Council action on Yemen crisis
Reuters
British foreign minister Jeremy Hunt said on Monday he would push for new action at the United Nations Security Council to try to end hostilities in Yemen and find a political solution to the war there. Read the full story
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Tuesday 11/6/18 did update on the indicative rates Sell Rate 1190
The currency auction is 150,415,602
There are no news and announcements
Bank Articles:
Iraqi bank under CBI Custody
Tuesday, Novermber 6, 20185:44 AM admin
Baghdad/ Iraq TradeLink:
The Central Bank of Iraq (CBI) decided to put the Iraqi United Bank under its custody. The bank is owned by Iraqi businessman Fadhil al-Dabas.
The CBI announced that the United Bank did not abide by the regulations and orders issued in the country. A guardian was appointed by the CBI according to Banks Law.
The scandal of the Central Bank, which is preoccupied with the name of its currency
Editorial Date: 2018/11/5 21:58 • 885 times read
Baghdad: The Central Bank of Iraq will be exposed to a "scandal" caused by the exploitation of its daily foreign currency auction and preoccupation with the crisis of writing the name of the acting governor Ali Aliak on the latest edition of the Iraqi currency of the small category.
"The bank bought the dollar from the currency auction in the name of nearly 438 customers," said the owner of the office of Siravh, and only said his name first {Muhammad} told the {Euphrates News} about the file of the Bank of Baghdad and buy the currency auction through customers, 10 - 2011 bought 100 billion Iraqi dinars and around the outside of $ 232 million, or nearly 3 times how so? ".
He added, "Akstvna at the end of 2015 and 2016 we found the names of our companies amounts ridiculous, and we went to the Tax Authority and went to the bank and refused to provide us with information and we went to the Central Bank and the other refused to do so."
"There is a lot that does not know that his name has been used to auction the foreign currency of the central bank," he said.
For his part, said economic expert Abdul Rahman Mashhadani told the {Euphrates News} "This subject and has documents on other banks in cooperation with tourism companies through the photocopy of the passport and the withdrawal of $ 5,000 on the name of the owner of the passport does not know," noting that "the Central Bank dealt with this subject Imposing a $ 20 penalty on $ 100? ".
"He has documents on the settlement of these things and the huge sums of up to 400 to 500 million US dollars and we have the Central Bank's book with the Bank of Baghdad and there are many banks working in the same manner and part of the money laundering work outside Iraq."
"The role of this window and the organization of its work should have been scaled down, but the currency auction is open on a weekly basis. It does not serve the Iraqi currency," he said.
Al-Mashhadani pointed out that "the liquidation of this matter to the owners of companies is not easy and people who review the tax departments was better to sue them against these banks being part of the fraud and fraud."
He added, "Akstvna at the end of 2015 and 2016 we found the names of our companies amounts ridiculous, and we went to the Tax Authority and went to the bank and refused to provide us with information and we went to the Central Bank and the other refused to do so."
"There is a lot that does not know that his name has been used to auction the foreign currency of the central bank," he said.
For his part, said economic expert Abdul Rahman Mashhadani told the {Euphrates News} "This subject and has documents on other banks in cooperation with tourism companies through the photocopy of the passport and the withdrawal of $ 5,000 on the name of the owner of the passport does not know," noting that "the Central Bank dealt with this subject Imposing a $ 20 penalty on $ 100? ".
"He has documents on the settlement of these things and the huge sums of up to 400 to 500 million US dollars and we have the Central Bank's book with the Bank of Baghdad and there are many banks working in the same manner and part of the money laundering work outside Iraq."
"The role of this window and the organization of its work should have been scaled down, but the currency auction is open on a weekly basis. It does not serve the Iraqi currency," he said.
Al-Mashhadani pointed out that "the liquidation of this matter to the owners of companies is not easy and people who review the tax departments was better to sue them against these banks being part of the fraud and fraud."
The Central Bank puts the United Investment Bank under trusteeship
2018/11/05 17:27 115
Baghdad today - Baghdad
The Central Bank placed the United Investment Bank under the trusteeship due to its failure to comply with the orders and decisions issued by the bank and not to fulfill its financial obligations due.
Baghdad Today received a document issued by the Registration, Licensing and Technical Section of the Commercial Banks Control Section of the Banking Supervision Department of the Central Bank of Iraq, under which the United Investment Bank was placed under trusteeship.
According to the document issued on Monday, November 5, 2018, the Central Bank placed the bank under trusteeship because of its failure to comply with the orders and decisions issued by this bank and not to meet its financial obligations due.
In order to ensure the safety and stability of the banking system as a whole, the Board of Directors of the Bank issued its resolution No. 122 of 2018 establishing the United Bank for Investment under trusteeship and forming a committee to carry out trusteeship duties. The Custodian and the Trusteeship Committee shall report within one month on the financial position of the Bank and all indicators of liabilities. And assets to be presented to the board of directors of this bank. "
It is noteworthy that this decision issued by the Central Bank is the second of its kind, having been placed earlier, the Islamic Bank of the country under the tutelage also.
Value Traded
9,891,601,816
Shares Traded
25,695,163,693
ISX ended in Red
Kauaihn Chatter:dd
11-5-2018 Newshound Guru MilitiaMan We are told that the AMF working with the likes of the World Bank, IMF, Germany, etc., have accomplished meetings and within those meetings we learned from WS [Guru Walkingstick] that they tried and tested the REER to a basket of currencies last Monday, about a week has passed since then... The article is telling us they have accomplished things and that they tell us that they were comprehensive in nature. Well, financial inclusion, is very important to those entities. Modernization is important to them and the Private Banks they are going to be doing business with in the reconstruction of Iraq. They will require Insurance Companies... Launch means to take off... As in they have set things in motion. That will require the new lower notes, imo.. That is imo where and how close we are. ...imo [post 2 of 2]
11-5-2018 Newshound Guru MilitiaMan Article: "Arab Monetary Fund: Cooperation with the Association of Iraqi private banks will be bigger in the future" This article is possibly one of the most powerful indicators of just how close we are now to the completion of Iraq's monetary and economic reforms. Key words that stirred my thinking are Private, as in Private Banks, Modern, as in Modern Financial Techniques, Inclusion, as in Financial Inclusion and Launch, as to go and reveal to the international environment or world and new Iraq and her new currency. [post 1 of 2....stay tuned]
11-5-2018 Newshound Guru MilitiaMan Article: "Arab Monetary Fund: Cooperation with the Association of Iraqi private banks will be bigger in the future" This article is possibly one of the most powerful indicators of just how close we are now to the completion of Iraq's monetary and economic reforms. Key words that stirred my thinking are Private, as in Private Banks, Modern, as in Modern Financial Techniques, Inclusion, as in Financial Inclusion and Launch, as to go and reveal to the international environment or world and new Iraq and her new currency. [post 1 of 2....stay tuned]
11-5-2018 Newshound Guru chattels Articles: "Iraqi Parliament delays vote on open ministry positions until next Sunday." "Sources says Iraqi PM Abdel-Mahdi is prepared to resign if he continues to face opposition in forming his cabinet."
11-5-2018 Intel Guru Jester [...we forgot to ask you how the RV went yesterday on November 3rd.] NOW YOU KNOW WHY I DON'T GIVE OUT A DATE OR RATE... NO RETURN ON THE SITUATION THAT IS FAVORABLE AT ALL... HAHAHAH... AND IT WAS THE 3RD AN D 4TH...AND THAT WINDOW IS STILL OPEN...THEORETICALLY...THE FACT OF THE MATTER IS THAT THERE ARE ALWAYS DATA POINTS... THINGS THEY LIKE TO DO THAT MAYBE DON'T WORK OUT RIGHT...IT HAS BEEN THAT WAY FOR SOME TIME NOW...WE GET THIS FEEDBACK AND WHEN LOTS OF DIFFERENT DIRECTIONS LINE UP POINTING TO THE SAME PLACE THEN IT LOOKS OKAY TO SAY...WELL MAYBE THIS WINDOW...
11-5-2018 Newshound Guru Kirk H. Sowell So we are now ten days into the new #Iraq govt of Adil Abd al-Mahdi, and it isn't going well so far. It looks like AAM will face two reverses in his first two weeks. The first is having to turn back on the 2019 budget...Abd al-Mahdi's other problem is that his effort to complete his cabinet isn't going well. Not only is there doubt about passing the remainder of nominations as scheduled tomorrow, but there are efforts to impeach up to four of the new 14 ministers.
11-5-2018 Intel Guru RayRen98 The CBI site was down for awhile today, but it's back to normal now. Apparently, today's leaders meeting in Baghdad garnered two more names to be considered for Madhi's cabinet on Tuesday's voting session. With six names now reported, only two remain to have the government fully seated even though the general thought that it is not necessary for a currency revalue. Time Will Tell!
11-5-2018 Newshound Guru Kirk H. Sowell So we are now ten days into the new #Iraq govt of Adil Abd al-Mahdi, and it isn't going well so far. It looks like AAM will face two reverses in his first two weeks. The first is having to turn back on the 2019 budget...Abd al-Mahdi's other problem is that his effort to complete his cabinet isn't going well. Not only is there doubt about passing the remainder of nominations as scheduled tomorrow, but there are efforts to impeach up to four of the new 14 ministers.
11-5-2018 Intel Guru RayRen98 The CBI site was down for awhile today, but it's back to normal now. Apparently, today's leaders meeting in Baghdad garnered two more names to be considered for Madhi's cabinet on Tuesday's voting session. With six names now reported, only two remain to have the government fully seated even though the general thought that it is not necessary for a currency revalue. Time Will Tell!
11-5-2018 Newshound Guru Daytrader JMO, there are two reforms taking place in Iraq that are co-dependent; monetary reform and economic reform. The economic reform provides jobs on several levels...People with jobs earn money, then spend money in many areas; food, shelter, clothing and the list goes on. Those purchases will require businesses to replenish their stock, which drives the need for more product manufacturing, more raw material needs and more agriculture development. This circular process drives the flow of money in any economy. ...This process is critical for the CBI’s success as demand for a currency determines the effectiveness of a monetary reform program. However IMO, the CBI must reach a point in the monetary reform process where the value of its currency will attract direct foreign investment (DFI) as the trigger for economic reform. [post 1 of 2....stay tuned]
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
***************
ARTICLE 1-A (from PM Mahdi's website; posted on both Arabic and English sides)
Prime Minister of the Armed Forces, Mr. Adel Abdul Mahdi, visits Baghdad Operations Headquarters
The Prime Minister visited the headquarters of the armed forces, Mr. Adel Abdul Mahdi, on Monday the headquarters of Baghdad Operations.
The commander of the armed forces stressed the importance of security forces taking care not to harass citizens in implementing security plans, relying on the intelligence side, and prosecuting terrorist cells and criminal gangs.
Media Office of the Prime Minister
5 November 2018
***************
ARTICLE 1-B (from PM Mahdi's website; posted on both Arabic and English sides)
Prime Minister Mr. Adel Abdul Mahdi receives the Chairman of the Supreme Judicial Council Mr. Faik Zaidan and his accompanying delegation
Prime Minister Adel Abdul-Mahdi received on Monday the Chairman of the Supreme Judicial Council, Mr. Faik Zaidan and his accompanying delegation.
During the meeting, they stressed the importance of cooperation between the executive and judicial authorities during the coming period and the strengthening of the constitutional understanding of the principle of separation of powers, which includes the independence of each authority and opening channels of communication, cooperation and consultation in an effective manner to serve the people and achieve their aspirations.
The Prime Minister also stressed the speed of studying the judicial files resulting from the events of the province of Basra, which was renewed during the months of July, August and September, closing the outstanding issues and building confidence between the peaceful demonstrators and the security services assigned to protect them.
Media Office of the Prime Minister
5 November 2018
***************
ARTICLE 1-C (from PM Mahdi's website; posted on both Arabic and English sides)
Prime Minister Adel Abdul Mahdi: Popular mobilization is an historic achievement for Iraq and must be preserved
Prime Minister of the Armed Forces, General Adel Abdul Mahdi, affirmed that the establishment of the popular mobilization is a historic achievement for Iraq and must be preserved.
This came during his visit to the People's Assembly and his meeting with the leaders of the crowd. He stressed that the popular mobilization is a great fact that can not be bypassed by an official force subject to the law, which is subordinate to the commander-in-chief and it is the duty of the government to support and maintain its existence. And that the entry of the crowd in the battle gave a psychological dimension and faith did not exist helped all security forces to change the equation of withdrawal and defeat to victory.
The Prime Minister pointed out that the budgets have declined as well as the budget of popular mobilization and we must find sources of funding, as there is an operational budget or investment can be reviewed and we will work together to find financial sources to support the popular crowd and overcome the difficulties, Remaining necessity.
He added: "We will work with all efforts to get the crowd to the full rights, pointing out that the martyrs of the crowd must be honored in honor of them, indicating that we are in the right way and the difficulties will solve all of them cooperation.
The search for the evacuation of cities from the armed forces except those entrusted with the maintenance of security, and to confirm the cooperation of the institutions of mobilization in achieving this goal, and was conceived in principle to start implementation in the province of Basra
Media Office of the Prime Minister
5 November 2018
***************
ARTICLE 2-A (from Government of Iraq twitter account)
Government of IraqVerified account @IraqiGovt 11-5-2018 around 9 am Eastern
The new @IraqiGovt
presented to parliament its programme for 2018-2022. The programme prioritises
delivering tangible improvements in the daily life of all Iraqis through
improving public services, keeping our communities safe, and building a fair
economy
ARTICLE 2-B
The House of Representatives opens its regular session headed by
Halbusi
2018/11/6 13:48 • 79 times scheduled
********
ARTICLE 3
Deputy calls for accountability and justice to highlight their attitude
towards the ministers away from blackmail
2018/11/5 22:14
[Baghdad - Where]
MP called on the coalition of Alaa al-Rubaie, the accountability, justice
and integrity to clarify their position in a clear and frank the integrity of
the position of new ministers.
Al-Rubaie warned in a statement received by the agency of all Iraq [where]
a copy of it today, the procrastination of the subject and procrastination by
those bodies, either by their own desire or the result of pressure exerted by
political parties, "adding that" there have been movements during the past days
of Before some political parties and some political traders in order to close
the matter and not send the position of the legal ministers to the House of
Representatives. "
He pointed out that "the Council will open this file and if it turns out to
be a deliberate negligence will be held accountable for the shortcomings and we
will demand the dismissal of defaulters, adding that there is great fear of the
deputies of this matter because of the existence of deals to close it after it
became clear there are problems of legality and integrity of some new
ministers.
The Authority for Accountability and Justice issued yesterday clarification
on the safety of the positions of new ministers, calling for not to believe any
news in this regard
.
*************
ARTICLE 4
Kurdish Deputy: We will not give up the budget of the region 17% at
all
2018/11/6 13:14 • 10 times read
[Ayna-Baghdad]
MP from the Kurdistan Democratic Party, Mayada al-Najjar, her party's
adherence to the Kurdistan region in the financial budget for 2019.
Najjar stressed in a statement received by the agency all of Iraq [where] a
copy of it, "this proportion of legal and constitutional entitlement has been
resorted to in the federal budgets of Iraq over the past years."
"We are strongly adhering to the region's share of the budget and we will
never give it up."
Najjar stressed that "the share of the region is a sacred cause because it
means the livelihood of our Kurdish people and includes the salaries of the
staff of the region and its needs of services, security, energy and other vital
sectors of life."
"The members of Parliament are representatives of the people of Kurdistan
and they must carry out their moral and humanitarian duty to protect the
constitutional rights of the Kurds."
************
ARTICLE 5
Overweight or underweight decreases 4 years of age
NEW YORK (Reuters Health) - November 4 - Overweight or underweight will
affect a person's expected life expectancy by four years, according to a recent
British study.
The more than 2 million people in Britain studied in the latest issue of
the Lancet medical journal.
The authors of the study concluded that healthy and coordinated
bodybuilders aged 40 are the least likely to be exposed to serious
diseases.
In terms of numbers, overweight men die by 4.2 years of age and 3.5 years
of age, compared with healthy bodybuilders.
For men who are underweight, they usually die by the end of their life
expectancy of 4.3 years, and women by 4.5 years.
The study uses the body mass index (BMI), in order to differentiate
graceful bodies from others. The result can be obtained through a simple
mathematical process, which is the division of the human weight in kilograms per
square meter in length.
Based on the above, healthy and healthy objects are the results of which
are between 18.5 and 25, on the medical BMI scale.
No comments:
Post a Comment