| WOTS Friday 1/11/19 No TNT call Today |
WOTS Friday 1/11/19:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,186.0000 | 1,157.0000 | 1,157.0000 | | 15:39 |
| USD/VND | | | 23,194.0000 | 22,653.1000 | 22,653.1000 | | 15:00 |
| USD/CNY | | | 6.8209 | 6.7725 | 6.8156 | | 18:04 |
| USD/KWD | | | 0.3028 | 0.3015 | 0.3023 | | 15:11 |
| GBP/USD | | | 1.2798 | 1.2729 | 1.2795 | | 18:17 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,118.0000 | 14,008.0000 | 14,088.0000 | | 18:04 |
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The two leaders discussed economic, trade and investment cooperation and regional and international issues
Friday 11/1/2019 at 1:01 am Doha local time
HH the Amir: Iraqi President's visit strengthens relations
His Highness welcomed the invitation of President Barham Saleh to visit Iraq
The Iraqi president hailed the strong relations between the two countries and looked forward to developing them for better prospects
Search cooperation in infrastructure, tourism and reconstruction in Iraq
Official reception ceremony for the Iraqi President upon his arrival at the Emiri Diwan
HH the Amir: Iraqi President's visit strengthens relation
HH the Amir: Iraqi President's visit strengthens relation
DOHA:
HH the Emir Sheikh Tamim bin Hamad Al-Thani and his brother Dr. Barham Salih, President of the Republic of Iraq, held a session of official talks at the Emiri Diwan yesterday afternoon. .
At the beginning of the meeting, HH the Amir welcomed his brother and the accompanying delegation, noting the deep brotherly ties between the two countries, stressing that the visit of His Excellency will contribute to its support and promotion. .
For his part, the President praised the strong relations between the two countries, and stressed his aspiration to develop them to a wider perspective .
During the meeting, they discussed bilateral relations and means of boosting them in various fields to achieve common interests especially in the fields of economic, trade, investment, infrastructure, tourism and reconstruction in Iraq. .
The meeting also exchanged views on a number of regional and international issues of common concern .
At the end of the meeting, the Iraqi President invited the Emir to visit Iraq .
The meeting was attended by a number of ministers .
The delegation was attended by the members of the official delegation accompanying the President .
The Iraqi president arrived at the Emiri Diwan earlier in the day .
His Highness the Emir Sheikh Tamim bin Hamad Al Thani held a luncheon in honor of his brother Dr. Barham Saleh, President of the Republic of Iraq and the accompanying delegation at the Emiri Diwan yesterday. .
The banquet was attended by a number of ministers .
President Barham Saleh left Iraq yesterday after an official visit to the country .
HE Mr. Ali bin Ahmed Al Kuwari, Minister of Trade and Industry, Mr. Hussain Ali Al-Fadalah, Acting Charge d'affaires at the Embassy of the State of Qatar to Iraq, and Dr. Abdul Sattar Al Janabi, Chargé d'affaires ai of the Iraqi Embassy to the State. .d
Iraqi MP Says Threatened over Revealing "Corruption" within SOMO
BasNews
11/01/2019 - 01:17
ERBIL - An Iraqi MP has claimed that he is threatened and put under pressure after revealing cases of corruption at the State Oil Marketing Organization (SOMO).
Udai Awad, an Iraqi lawmaker and a member of the committee of oil and gas in the parliament, also claimed that the oil minister, Samir Ghazban, is involved in the issue.
"The oil minister from the new government has build a firewall for protecting the corrupt people within the SOMO," Awad claimed.
The Iraqi MP further noted that he has evidences proving that SOMO is causing Iraq to lose millions of US dollars daily.
Earlier in December, the lawmaker accused SOMO of widespread corruption while enjoying media silence and no prosecution.
Iraqi Prime Minister after the crisis of "raising the flag" in Kirkuk: keen to stabilize the situation and respect diversity
Friday, 11/1/2019
Source: Baghdad - Agencies
Iraqi Prime Minister Adel Abdul-Mahdi stressed his keenness to stabilize the security situation in the province of Kirkuk, after the crisis of lifting the Patriotic Union of Kurdistan, the flag of the region on his headquarters in the city.
Iraqi Prime Minister Adel Abdul-Mahdi stressed his keenness to stabilize the security situation in the province of Kirkuk, after the crisis of lifting the Patriotic Union of Kurdistan, the flag of the region on his headquarters in the city.
Abdulmahdi's office said in a statement that "the prime minister received a number of members of parliament from the province of Kirkuk."
According to the statement, Abdul Mahdi, «stressed his keenness on the stability of the situation in the province and establish the state of coexistence among its components and respect the diversity that characterizes Kirkuk».
For his part, a security source in the counter-terrorism agency (elite forces), Anatolia, asked not to mention his name that «the commander of the team, Lieutenant General Abdul Wahab al-Saadi, arrived in Kirkuk, on the order of the commander of the anti-terrorism forces, First Lieutenant Talib Shagati, to oversee the security file , And discuss the latest developments raising the flag of the northern province of the country in the city ».
On Wednesday, Abdul Mahdi ordered the landing of the flag of northern Iraq from partisan buildings in the province of Kirkuk.
The Patriotic Union of Kurdistan (PUK), one of the two main parties in the region, re-flagged the territory at its headquarters in Kirkuk, last Tuesday evening, more than a year after its removal by the federal government forces.
The federal government brought the flag of the province, from the governmental and partisan headquarters in the city of Kirkuk and the rest of the disputed areas between the two sides, after the restoration of control of these regions of the Peshmerga forces in October 2017.
The disputed areas, headed by Kirkuk, is one of the outstanding problems between Baghdad and the region for many years.
The Iraqi constitution, voted by the people in 2005, stipulates in Article 140 a road map to settle the dispute.
Article 140 provides for the removal of demographic policies carried out by the regime of Saddam Hussein, in those areas for the benefit of the Arabs at the expense of the Kurds and Turkomans, and then counting the population before the last step of holding a referendum by which the population determines whether they wish to join the territory of the north of the country, Under the administration of the central government in Baghdad.
Hammadi is looking to enhance prospects for cooperation with the ambassadors of China, Japan and Korea
Friday 11/1/2019 at 1:08 am DOHA:
HE Dr. Ahmed bin Hassan Al Hammadi, Secretary-General of the Ministry of Foreign Affairs, met yesterday with HE Mr. Li Zhen, Ambassador of the People's Republic of China, HE Mr. Seichi Utsuka, Ambassador of Japan and HE Mr. Kim Changmu, Ambassador of the Republic of Korea to the State. During the meetings, they reviewed bilateral relations, ways of supporting them, developing them and enhancing prospects for cooperation, as well as matters of common concern .
The date of Erdogan's visit to Iraq was revealed
Release date: 2019/1/10 23:00 • 309 times prescribed
(Baghdad: Al-Furat News) Turkish Ambassador in Baghdad, the visit of Turkish President Recep Tayyip Erdogan to Iraq this year.
"It is hoped that President Erdogan will visit Iraq after March 31," Fateh Yildiz told a news conference in Baghdad on Thursday.
The Turkish ambassador said that "his country confirmed during the visit of President Barham Saleh to Turkey, the territorial integrity of Iraq and supported the file of reconstruction."
He pointed out that "it was agreed to activate the Council strategic cooperation between the two countries, and was agreed to open consulates in Mosul, Najaf and Kirkuk to the side of Basra."
The President of the Republic, Barham Salih, visited Ankara at the head of a high-level government delegation, on the third of this month and met with Turkish President Recep Tayyip Erdogan and senior Turkish officials.
The two sides discussed a number of issues of mutual interest between the two countries to enhance trade and economic relations between Iraq and Turkey and expand the horizons of joint cooperation to ensure the interests of the two friendly peoples.
"His visit to Turkey as president of Iraq bears a clear and clear message that Iraq is on the verge of a new era of reconstruction and the empowerment of its institutions to play an influential role in the region," Saleh said during a meeting with Erdogan.
For his part, Erdogan said that "Turkey has provided full support to Iraq in the fight against terrorism and achieve security and stability in it, stressing that his country is ready to make efforts to rebuild Iraq again in all fields."
The Turkish ambassador said that "his country confirmed during the visit of President Barham Saleh to Turkey, the territorial integrity of Iraq and supported the file of reconstruction."
He pointed out that "it was agreed to activate the Council strategic cooperation between the two countries, and was agreed to open consulates in Mosul, Najaf and Kirkuk to the side of Basra."
The President of the Republic, Barham Salih, visited Ankara at the head of a high-level government delegation, on the third of this month and met with Turkish President Recep Tayyip Erdogan and senior Turkish officials.
The two sides discussed a number of issues of mutual interest between the two countries to enhance trade and economic relations between Iraq and Turkey and expand the horizons of joint cooperation to ensure the interests of the two friendly peoples.
"His visit to Turkey as president of Iraq bears a clear and clear message that Iraq is on the verge of a new era of reconstruction and the empowerment of its institutions to play an influential role in the region," Saleh said during a meeting with Erdogan.
For his part, Erdogan said that "Turkey has provided full support to Iraq in the fight against terrorism and achieve security and stability in it, stressing that his country is ready to make efforts to rebuild Iraq again in all fields."
Kauaihn Iraq Articles:ddddd
Kurdish Deputy: We will not give up the budget of the region 17% at all
2018/11/6 13:14 430 times scheduled
[Ayna-Baghdad]
The MP from the Kurdistan Democratic Party, Mayada al-Najjar, her party's adherence to the Kurdistan region in the financial budget for 2019.
The 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, that "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."
"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."
Zarif is visiting Baghdad next week
Editorial date: 2019/1/11 10:17 • 112 times read
(Baghdad: Al-Furat News) A source familiar with the date of the visit of Iranian Foreign Minister Mohammad Jawad Zarif, to Iraq next week.
The source told the {Euphrates News}, "that Zarif will visit the capital Baghdad, on the 14th of this month, and will hold bilateral talks and meet the three presidencies."
The source said that "Zarif's visit includes the meeting of the supreme religious authority Imam Ali al-Sistani in Najaf al-Ashraf."
Zarif announced last Thursday that he would visit Iraq after his visit to India, which he concluded yesterday.
Zarif's visit comes days after Iranian Oil and Energy Minister Bengin Zangana visited Baghdad on Thursday and discussed with President Barham Salih and ministers Adel Abdul-Mahdi ways of cooperation in energy and regional conditions.
The Iranian Oil Minister also held talks with his Iraqi counterpart Thamer Ghadhban on coordination between the two countries in the mechanisms of the Organization of Petroleum Exporting Countries (OPEC).
The source said that "Zarif's visit includes the meeting of the supreme religious authority Imam Ali al-Sistani in Najaf al-Ashraf."
Zarif announced last Thursday that he would visit Iraq after his visit to India, which he concluded yesterday.
Zarif's visit comes days after Iranian Oil and Energy Minister Bengin Zangana visited Baghdad on Thursday and discussed with President Barham Salih and ministers Adel Abdul-Mahdi ways of cooperation in energy and regional conditions.
The Iranian Oil Minister also held talks with his Iraqi counterpart Thamer Ghadhban on coordination between the two countries in the mechanisms of the Organization of Petroleum Exporting Countries (OPEC).
Iraq promises Turkey to abolish double taxation to raise trade volume to 20 billion dollars
2019/1/11 8:36 196 times recited
[Ayna-Baghdad]
Turkish Ambassador to Iraq Fatih Yildiz said his country aims to raise the volume of trade with Iraq to 20 billion dollars.
Turkish Ambassador to Iraq Fatih Yildiz said his country aims to raise the volume of trade with Iraq to 20 billion dollars.
This came during a press conference held by Yildiz in Baghdad on Thursday, during which he touched on the relations between the fat, and the visit of Iraqi President Barham Salih last week to Turkey.
Yildiz said: "The goal in the volume of trade between the two countries is 20 billion dollars in the first phase (..) There is no objection to raising them to double in the event of lifting obstacles to trade."
Yildiz pointed out that the double taxation imposed by Baghdad is the biggest obstacle to trade between the two countries.
He pointed out that President Barham Salih, during his recent visit to Ankara last week, that his country will stop implementing this procedure.
The double tax is referred to as the double tax collection on goods coming from Turkey and passing through the territory of northern Iraq, where the Territory receives an entry tax, and in order to move goods from it to the rest of the Iraqi provinces, Baghdad gets another tax.
The ambassador said that the two countries have special relations, and that Ankara's priority towards Baghdad is to preserve Iraq's unity and territorial integrity and preserve its security.
He stressed that his country is waiting for the new Iraqi government, access through comprehensive policies to all segments of the country.
Yildiz touched on the issue of water with Iraq, noting that Turkish President Recep Tayyip Erdogan, is closely concerned with this issue.
He added that Erdogan told his Iraqi counterpart during the last visit to Ankara, that Turkey will appoint a special representative to follow up the issue of water with Iraq.
He continued: "Turkey is moving the issue of water with Iraq from the beginning in a special framework."
Iraq has been suffering for years, a steady decline in water revenues through the Tigris and Euphrates, due to lack of rainfall in the winter.
Iraq depends mainly on water security on the Tigris and Euphrates Rivers and their tributaries, all of which originate from Turkey and Iran.
On the other hand, Yildiz stressed that the fight against terrorism is one of the most important topics should not be ignored between the two countries.
He stressed the need for Iraq to cooperate more closely with Turkey in the fight against the organization "Dahesh" and the organization "Baka Ka" terrorists.
"We have clearly stated that we will stand with Iraq in their eradication of the region," he said.
Yildiz said: "The goal in the volume of trade between the two countries is 20 billion dollars in the first phase (..) There is no objection to raising them to double in the event of lifting obstacles to trade."
Yildiz pointed out that the double taxation imposed by Baghdad is the biggest obstacle to trade between the two countries.
He pointed out that President Barham Salih, during his recent visit to Ankara last week, that his country will stop implementing this procedure.
The double tax is referred to as the double tax collection on goods coming from Turkey and passing through the territory of northern Iraq, where the Territory receives an entry tax, and in order to move goods from it to the rest of the Iraqi provinces, Baghdad gets another tax.
The ambassador said that the two countries have special relations, and that Ankara's priority towards Baghdad is to preserve Iraq's unity and territorial integrity and preserve its security.
He stressed that his country is waiting for the new Iraqi government, access through comprehensive policies to all segments of the country.
Yildiz touched on the issue of water with Iraq, noting that Turkish President Recep Tayyip Erdogan, is closely concerned with this issue.
He added that Erdogan told his Iraqi counterpart during the last visit to Ankara, that Turkey will appoint a special representative to follow up the issue of water with Iraq.
He continued: "Turkey is moving the issue of water with Iraq from the beginning in a special framework."
Iraq has been suffering for years, a steady decline in water revenues through the Tigris and Euphrates, due to lack of rainfall in the winter.
Iraq depends mainly on water security on the Tigris and Euphrates Rivers and their tributaries, all of which originate from Turkey and Iran.
On the other hand, Yildiz stressed that the fight against terrorism is one of the most important topics should not be ignored between the two countries.
He stressed the need for Iraq to cooperate more closely with Turkey in the fight against the organization "Dahesh" and the organization "Baka Ka" terrorists.
"We have clearly stated that we will stand with Iraq in their eradication of the region," he said.
Baghdad Urges Washington to Maintain the US Forces in Iraq
11/01/2019 - 00:00
ERBIL Baghdad has urged Washington to keep its forces in Iraq, fearing that the Islamic State (IS) militant group will re-emerge once again, a report revealed on Thursday.
According to a report by The Wall Street Journal, the Iraqi leaders made the call during their meetings with the US Secretary of State Mike Pompeo on Wednesday in Baghdad.
Pompeo arrived in Baghdad on Wednesday in an unannounced visit, reportedly for security concerns. He later paid a visit to Kurdistan Region and met with the top Kurdish leaders.
However, Iraq's request comes while part of the pro-Iranian Shi'ite militias of Hashd al-Shaabi have repeatedly threatened to target the US forces in Iraq, demanding a withdrawal of the troops from the country, arguing that the war against the IS has ended.
There are currently 5,500 US soldiers in Iraq, according to the report.
Trump cancels his participation in the Davos Economic Forum
Arab and international 2019/01/10 23:59 45 Editor:
Baghdad today - follow-up
WASHINGTON (Reuters) - US President Donald Trump announced on Thursday that he would not attend the World Economic Forum in Switzerland on the backdrop of the government's continued closure of the United States and the failure of his talks with the Democrats.
"Because of the Democrats' insistence on border security and the great importance of security for our country, I have scornfully canceled my most important trip to Davos, Switzerland, to attend the World Economic Forum," Trump wrote in a tweet on Twitter.
This comes after the Trump talks with Democratic lawmakers failed on Wednesday to monitor funding of $ 5.7 billion to build the wall along the border with Mexico, which is required by the US administration to end the government closure since 22 December.
The government closure caused the suspension of work for about a quarter of federal employees and deprive them of salaries or granting them leave in an emergency.
The Wall Street Journal had earlier reported that Trump might cancel his presence at the Davos forum from January 22 to 25 if the financing of the wall is not resolved by January 22.
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METALS-Copper touches 1-week high on China demand optimism
AFRICA
EUROPE
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GLOBAL/NEWS/INFO
Financial planner offers advice to those affected by gov’t shutdown
News 12 Westchester
News 12 Westchester
A Chappaqua-based financial planner is offering advice on how federal employees can protect their finances during the government shutdown. Read the full story
OIL/COMMODITIES/ENERGY
Warning: Gold’s Slingshot Has Started!
Markets & Money
That’s why gold, the hedge against the sustainability of the financial system, is starting to gain more attention from investors. Read More The post Warning: Gold’s Slingshot Has Started! appeared first on Markets & Money. Read the full story
Gold Flat as Traders to Riskier Assets Amid Trade Optimism
Investing.com
Commodities Jan 09, 2019 13:51 GMT Investing.com - Gold prices were flat on Wednesday as traders turned to riskier assets amid U.S.-China trade hope. Comex gold futures for February delivery were flat at $1,285.70 a troy ounce as of 8:51 AM ET (13:51 GMT). The U.S.-China trade meetings were originally scheduled for two days but were extended to a third day, which Chinese foreign ministry spokesman Lu Kang said was a sign that both sides are serious. Another meeting between U.S. Trade Read the full story
Gold lifted by weaker dollar as market ponders pace of Fed interest-rate hikes
MarketWatch
Gold prices edge up on Wednesday, buoyed by a weaker dollar as the market looks to comments from Federal Reserve officials for hints on the pace of the central bank’s interest-rate hikes this year. Read the full story
PRECIOUS-Gold prices steady as interest rate outlook pressures dollar
Reuters
Gold prices held nearseven-month highs on Thursday as the dollar was pressured byrising expectations the U.S. Federal Reserve will keep interestrates steady this year, while investors also waited for furthernews on Sino-U.S. trade talks. Read the full story
METALS-Copper steady as Sino-U.S. trade talks rally fades
Reuters
London copper was little changedin early Asian trade on Thursday as the red metal sought tocling on to gains made from optimism over the latest round ofU.S.-China trade talks in Beijing. FUNDAMENTALS * LME COPPER: Three-month copper on the London MetalExchange was flat at $5,956 a tonne, as of 0200 GMT, after ending 0.9 percent higher on Wednesday. The most-tradedMarch copper contract on the Shanghai Futures Exchange edged down 0.1 percent to 47,500 yuan ($6,974.01) a tonne. * TRADE: China's Read the full story
* Chinese currency depreciation to help exports Read the full stor
PRECIOUS-Palladium hits record peak on China impetus; gold boosted by falling dollar
Reuters
(Adds comments, updates prices) Read the full story
Oil prices are on the verge of busting above a bullish line in the sand
MarketWatch
After enduring a withering downturn, crude-oil prices are flirting with a breakout above a closely watched chart level that could signal more upside ahead. Read the full story
U.S. Crude Oil Prices Top $50 As The 'Bottom In Oil Looks Solid'
Investor's Business Daily
U.S. crude oil prices rose above $50 per barrel Wednesday as U.S. crude oil inventories fell and China trade talks ended with positive talk but no deal. Read the full story
Oil Prices Pare Gains as U.S. Inventory Data Disappoints
Investing.com
Commodities Jan 09, 2019 15:30 GMT Investing.com - U.S. crude oil inventories decreased last week, the Energy Information Administration said in its weekly report on Wednesday. The EIA data showed that crude oil inventories fell by 1.68 million barrels in the week to Jan. 4. That was compared to forecasts for a stockpile draw of 2.4 million barrels, after a gain of 0.007 million barrels in the previous week. The EIA report also showed that gasoline inventories rose by 8.07 million barrels, Read the full story
BANKS/BANKING/CREDIT
High-yield savings accounts outperformed the stock market in 2018
CNBC
The best online banks are offering an annual percentage yield as high as 2.4 percent in addition to perks such as no minimum balance and free ATM access. Read the full story
Don’t Buy This: There's No Reason to Pay Maintenance Fees on Your Bank Account
VICE
You shouldn't have to pay your bank for the privilege of storing your money for you. Here’s how to avoid these fees entirely. Read the full story
Goldman Sachs Bankers Could Actually Get a Bonus Boost From the 1MDB Scandal
Barron's
Analysts expect a rebound in Goldman’s share price this year — good news for bankers about to be paid a bonus in stock Read the full story
Pakistani Bank Teams With Alipay for Blockchain Remittances
CoinDesk
Pakistan-based Telenor Microfinance Bank has launched a remittances service using blockchain tech from Alipay. Read the full story
The Top Credit Cards With Annual Travel Credits
The Points Guy
Premium credit cards are benefit-laden hunks of plastic (or metal) that generally follow a similar script: an annual fee in the $400+ range, hundreds of dollars of annual travel credits and other luxury perks like elite status and lounge access. Most of these credits reset at the beginning of the calendar year, not the card... Read the full story
Dear Bankers, Make Room for Artificial Intelligence in the Future
Crowdfund Insider
Technology has infiltrated our lives, and the wave of digital disruption has impacted various industries. The finance sector is no exception. Since the industry is becoming more complex, relying on traditional methods is no longer enough. In fact, it can do your business more harm... Read More The post Dear Bankers, Make Room for Artificial Intelligence in the Future appeared first on Crowdfund Insider. Read the full story
Watchdog orders Deutsche Bank to re-examine 20,000 risky customers by June
Reuters
Germany's financial marketswatchdog is requiring Deutsche Bank to re-examine thefiles of about 20,000 risky clients by the end of June as partof its "know your customer" process, a person familiar with thematter said on Wednesday. Read the full story
Children Of Millionaires Want To Inherit Parents’ Values More Than Their Wealth, Wells Fargo Survey Finds | Global Banking & Finance Review
Global Banking & Finance Review
More than nine in 10 Generation Z and Millennial children of millionaires say the most Read the full story
TREASURIES/BONDS/STOCKS
If the S&P can't hold this level, we're in 'big trouble': Technician
CNBC
The S&P 500 is on its longest winning streak since November, and S&P Global Portfolio Manager Erin Gibbs sees more upside ahead. TradingAnalysis.com founder Todd Gordon is also bullish, but he cautions investors to watch one key level. Read the full story
U.S. Stocks Edge Higher Ahead of Fed Minutes
The Wall Street Journal
The S&P 500 and Dow industrials flipped between small gains and losses amid fresh worries about the pace of economic growth as investors awaited minutes from the Fed’s December meeting. Read the full story
Recession Chances Nearly Doubling In A Year Says Survey Of Top Economists
Forbes
The odds rise from 20 percent in 2019 to 3 percent in 2020, according to a poll of 15 chief economists at major North American banks in the first week of January.Those risks include market volatility, cooling global growth and rising home interest rates, adds Dye, chief economist for Comerica Bank. Read the full story
10 economic trends to watch in 2019
Business Insider
There are risks that point to the increasing vulnerability of the global economy to further shocks. The global economy started 2018 with strong, synchronized growth. However, as the year progressed, momentum faded and growth trends diverged. With anticipated escalation in trade conflicts, a contraction in world trade could drag down the global economy even more. These risks point to the increasing vulnerability of the global economy to further shocks, and the rising probability of a recession in Read the full story
The stock market is too damaged for a sustained rally, strategist says
MarketWatch
The stock market is in the midst of its longest winning streak in months but at least one Wall Street strategist is not convinced that investors are out of the woods yet. Read the full story
As maturity wall looms, refinancing risk for junk bond market hits nine-year high, says Moody’s
MarketWatch
The mountain of bonds high-yield issuers need to roll over to avoid an oncoming wall of maturities has reached its highest point since May 2009. Read the full story
Day Ahead: Top 3 Things to Watch
Investing.com
Stock Markets Jan 09, 2019 20:19 GMT Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow. 1. Powell Speaks and the Markets Will Listen Federal Reserve Chairman Jerome Powell will speak tomorrow and investors will be looking at every word. It only took one word -- “patient” -- at Powell’s last public appearance to send the market soaring. Powell will speak at an event at the Economic Club of Washington, D.C. The lunch and program portion is scheduled to start at Read the full story
CRYPTO'S / DIGITAL CURRENCY
Ethereum [ETH] Technical Analysis: Bulls ravage a bearish market
AMB Crypto
The wounded market has been seen to make a good recovery, with the second largest coin Ethereum [ETH] is also making a recovery on December 9. At the time of press, the coin was valued at $152.98, with a market cap of $15.9 billion. The coin recorded a 24-hour trade volume of $2.4 billion with... Read the full story
EU banking watchdog says new cryptoasset rules may be needed
Reuters
New European Union rules may beneeded to better protect consumers from cryptoasset risks andstop diverging national regulations from creating unfaircompetition, the bloc's banking watchdog said on Wednesday. Read the full story
Bitcoin Exchanges and Wallet Services Should Get Pan-EU Rules, Says European Banking Authority
FORTUNE
FORTUNE
Europe’s top banking regulator wants lawmakers to look into creating pan-EU rules for cryptocurrencies such as Bitcoin and Ethereum, in order to give consumers better protection across the bloc. In a report issued Wednesday, the European Banking Authority (EBA) noted that cryptocurrency activity in the EU remains “relatively limited” for now, so there’s no imminent threat to financial stability. It added, however, that services such as crypto-wallets and cryptocurrency trading platforms aren’t Read the full story
One Of The World's Richest People Is Backing Bitcoin--Here's Why
Forbes
Bitcoin has its fair share of backers and detractors, but it's not every day one of the world's richest people throws their weight behind the nascent technology... Read the full story
CURRENCIES
Bank Of England Boss: China's Renminbi Will Rival The Dollar As Global Reserve Currency | Zero Hedge
Running out of reasons to rally, U.S. dollar set to slip: Reuters poll
Reuters
Reuters
The U.S. dollar's rally is largely over, according to about two-thirds of currency strategists polled by Reuters who said a dialing-back of rate hike expectations has diminished the greenback's edge over its peers.Read the full story
Forex - U.S. Dollar Slumps on Dovish Fed Comments
Investing.com
Forex Jan 09, 2019 15:20 GMT Investing.com - The greenback slumped on Wednesday after dovish comments from Federal Reserve officials increased expectations that the central bank will pause its pace of interest rate hikes. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, fell 0.72% to 94.79 as of 10:20 AM ET (15:20 GMT). Federal Reserve President Jon Bostic said at an event in Tennessee that the hike in December most likely increases rates Read the full story
Dollar set to take cue from Fed speakers, minutes of December meeting
MarketWatch
The U.S. dollar struggled for direction on Wednesday after President Donald Trump’s prime-time address conveyed little new and trade talks with China wrapped up. Read the full story
Forex - U.S. Dollar Slips After Fed; China CPI in Focus
Investing.com
Forex Jan 10, 2019 05:18 GMT Investing.com - The U.S. dollar slipped on Thursday in Asia after the Federal Reserve indicated in the minutes of its December meeting that it was willing to hold off on rate hikes amid concerns about global growth and subdued inflation. Fed members indicated they could afford to be "patient" about future rate hikes, citing a list of concerns including volatility in financial markets, slowing global growth and muted inflation pressures. The U.S. dollar index that Read the full story
Canadian dollar rallies despite somber Bank of Canada assessment of oil and growth
MarketWatch
The Canadian dollar jumped after the Bank of Canada Wednesday left key interest rates unchanged at 1.75% but said further interest rate hikes were necessary to achieve its inflation target. In a statement, the BOC revised down its 2019 gross domestic product projection to 1.7% -- 0.4% slower than in the October outlook -- and said the drop in oil prices hurt Canada's economic outlook. Against that negative backdrop, non-energy and exports are expected to grow steadily, and will be helped by a Read the full story
INSURANCE / HEALTH / SCIENCE
Committed to a dry January? How to stay motivated
CBS News
Abstaining from alcohol can benefit your health and save you money. These expert tips can help you stick with it all month Read the full story
After 80 Years, Genetic Causes of Diamond-Blackfan Anemia Come Into View
Dana-Farber Cancer Institute
In 1938, Louis K. Diamond, MD, and Kenneth Blackfan, MD, at Boston Children’s Hospital described a severe congenital anemia that they termed “hypoplastic” (literally, “underdeveloped”) because of the bone marrow’s inability to produce mature, functioning red blood cells. Eighty years later, the multiple genetic origins of this highly rare disease, now known as Diamond-Blackfan anemia, or... Read the full story
Big Pharma spent an additional $9.8 billion on marketing in the past 20 years. It worked
Quartz
If you’re in the US and it feels like you’ve been seeing more drug ads recently, it’s because you have. According to a study published… Read the full story
Cancer deaths have fallen drastically over the last 25 years. But these types are on the rise.
TIME
Mortality rates dropped by 27% Read the full story
A Bottle of This Anti-Aging Serum Is Sold Every 23 Seconds
InStyle
If hearing the name “The Body Shop” makes you think of fruity, brightly colored hand soaps, well, you wouldn’t be wrong. But you also wouldn’t have the full picture. While many associate the brand with bath goods that might smell nice, but don’t necessarily do a whole lot more than that, the reality is that it actually has a line of skincare products that quietly command cult followings. The Body Shop’s Drops Of Youth Youth Concentrate is an anti-aging serum that sells — wait for it — one bottle Read the full story
8 Ways to Boost Your Immune System Before it's too Late
InStyle
Given the popularity of “immune-boosting” supplements, most of which are packed with vitamin C, you’d think that all it takes is a healthy dose of vitamins to avoid the sniffles. We imagine vitamin C like it’s Popeye’s spinach: a handful of orange-flavored pills will give your white blood cells instant strength to fight off any cold or flu. Unfortunately, for anyone trying not to get sick right now, that's not quite the case. As nice as it’d be to drink a glass of orange juice and suddenly be Read the full story
Some HRT tablets 'linked to higher blood clot risk'
BBC News US
The overall risk remains low, with patches and gels the safest treatment, BMJ researchers say. Read the full story
USA / CANADA
Here’s What Happens to the Economy if the Government Shutdown Halts Food Stamps
Barron's
A food stamps freeze as early as this month could leave 40 million without vital assistance and reduce gross domestic product by as much as 1%. Read the full story
The Government Shutdown And What You Should Know About It
Vibe
The partial standstill mainly centers around the topic of immigration. Read the full story
Trump walks out of shutdown negotiations after Democrats reject wall funding
The Washington Post
Asked how long he was willing to let the shutdown go on, the president replied: “Whatever it takes.” Read the full story
One missed paycheck 'is too many.' TSA officers prepare for extended shutdown
CNBC
TSA officers are preparing for their first missed paycheck since the shutdown began Dec. 22. The some 51,000 officers are among the roughly 420,000 essential federal employees who are required to work through the shutdown. Air traffic controllers and customs officials are also working without pay. The aviation industry is pleading with the Trump administration and lawmakers to end the shutdown. Read the full story
It’s payday for many federal workers. One problem: There’s no paycheck.
The New York Times
They have drained savings, maxed out credit cards and taken side gigs to make ends meet. Some federal employees wonder how long they can survive. Read the full story
Americans see themselves in debt forever, even as they continue to borrow
NBC News
“It’s definitely a depressing statistic,” said one analyst. Read the full story
One of the largest homebuilders said it can't give a forecast
CNBC
Lennar reported strong fourth-quarter earnings on Wednesday, but deferred guidance for 2019 "until the markets further define themselves." Read the full story
Moving towards trade agreement with China that will benefit American workers: Sarah Huckabee Sanders
Fox News
Moving towards trade agreement with China that will benefit American workers: Sarah Huckabee Sanders
Fox News
White House Press Secretary Sarah Huckabee Sanders on U.S. trade negotiations with China and Deputy Attorney General Rod Rosenstein's plans to step down. Read the full story
The Fed Finally Admits It, China Is A Problem
Forbes
So long as the trade war persists, China will remain a huge headwind for the Fed. Read the full story
EMERGING MARKETS
El Paso strained by government shutdown, migrant policies
UPI news
EL PASO, Texas, Jan. 9 (UPI) -- A week into the new year, El Paso, Texas, is feeling the twin strains of the U.S. immigration crackdown and the partial shutdown of the federal government. Read the full story
APQ Global names Wesley Davis as its new finance director, taking over from Richard Bray
Proactive Investors
APQ Global Limited (LON:APQ) has appointed Wesley Davis as its new finance director, taking over from Richard Bray, who will step down from the board. The AIM-listed emerging markets growth company based in Guernsey noted that Davis has over 25 years of experience in emerging & frontier markets, both in investment banking and operating company roles. WATCH: APQ Global offers insight on effect of US political and economic landscape on emerging markets Most recently, it added, Davis has been Read the full story
UPDATE 1-Brazil pension reform to boost economic growth - chief of staff
Reuters
(Adds details from interview, background on private pensions) Read the full story
Guatemala at the edge of the abyss
Aljazeera
On Monday, the Guatemalan government announced its withdrawal from a treaty with the United Nations which created an International Commission against Impunity in Guatemala (CICIG). Although CICIG's mandate in the country is set to expire in nine months, Guatemalan President Jimmy Morales gave its international staff 24 hours to leave the country. United Nations Secretary-General Antonio Guterres condemned the decision, saying he expected "the Government of Guatemala to entirely fulfil its legal Read the full story
Highest number of emerging economies will raise rates this year since 2006 - JP Morgan
Reuters
This year will see more emergingmarket countries raise interest rates than at any point sincethe pre-financial crisis uplands of 2006, analysts at JP Morganpredict. Read the full story
10 Key Emerging-Market Stocks to Buy for Contrarian Investors
InvestorPlace
Amid the global devastation, emerging-market stocks surprisingly offer better potential due to baking-in bad news earlier. Read the full story
MIDDLE EAST
Local exchange companies are preparing for a major demonstration on Jan. 24
Baghdad
Hundreds of exchange-rate owners and employees are planning a major demonstration on January 24 to demand a change in their central bank policies, which they see as unjust and weaken their role and influence in the local economy.
And explained the reasons for their exit at the demonstration at the main gate of the Central Bank of Iraq with several points.
- Adopting a systematic policy of hostility against the private sector represented by exchange companies rather than sponsoring and supporting them, as is the case in other countries of the world.
- Dealing with disrespect and retaliation instead of practicing correction and reform. This has been reflected in the behavior of the staff of the committees in dealing with the owners of exchange companies by police methods and inspecting mobile phones, underwear, bags, etc.
- The imposition of wages and illegal fees on companies that did not exist in the past punish the company in case of non-payment.
- Replacement of experienced, competent and former staff with no experience, and are only able to execute orders from their position in these positions.
- The imposition of harsh penalties such as the cancellation of companies, the withdrawal of leave, or suspension for a long time, or the imposition of fines without a right, or to give a weak chance of defense so that the opponent is the referee.
- Failure to implement promises and procrastination in the issuance of any decision to improve
On his Mideast trip, Pompeo makes unannounced Iraq stop
POLITICO
The trip comes amid confusion over conflicting statements by President Trump and senior U.S. officials about a planned U.S. troop withdrawal from Syria Read the full story
Syrian minister optimistic on Kurdish talks
Reuters
A Syrian government minister expressed optimism on Wednesday over dialogue with Kurdish groups that want to strike a political deal with Damascus, suggesting progress had been made in contacts mediated by Russia. Read the full story
Israeli ex-minister pleads guilty to spying for Iran
Reuters
An Israeli former cabinet minister admitting to spying for Iran on Wednesday in a plea deal in exchange for an 11-year prison sentence, the Israeli Justice Ministry said. Read the full story
Israel's intelligence chief warns of foreign election interference
CNN
Israel's intelligence chief warns that upcoming elections will be interfered with through cyber-attacks and hacking. Read the full story
Saudi Arabia Is Trying to Raise Money on the Bond Market for the First Time Since the Jamal Khashoggi Killing
Barron's
Barron's
The planned $1 billion issuance comes at a testing time for Saudi government finances as the price of oil slides Read the full story
Saudi Arabia to trim oil exports further in February
Reuters
Top oil exporter Saudi Arabia plans to lower its shipments further in February as it follows through on a global deal to cut output to prevent a build-up in supplies. Read the full story
Iran says will not halt aerospace program despite U.S. warning
Reuters
Iran will continue with its aerospace program despite U.S. warnings, Foreign Minister Mohammad Javad Zarif said on Wednesday, adding there was no international law prohibiting such a program. Read the full story
Nigeria: After Resigning As World Bank President, Kim Joins Investment Firm Chaired By Nigerian
AllAfrica
(Photo: Premium Times) A former president of the World Bank, Jim Kim, is joining investment firm Global Infrastructure Partners (GIP) , chaired by Nigerian investment guru, Adebayo Ogunlesi. Bloomberg reported Tuesday that Mr Kim, 59, who abruptly resigned as president of the World Bank on Monday, will join the firm next month. PREMIUM TIMES reported how Mr Kim resigned Monday, saying he would join an unnamed investment firm. GIP focuses on projects in the energy, transport, water and waste Read the full story
Angola: New Juridical Regime for Foreigners to Boost Investment
AllAfrica
AllAfrica
Luanda The new bill on Juridical Regime for Foreigners in Angola is expected to boost tourism and investment in the country, said on Tuesday in Luanda the Home Affairs minister, Ângelo Tavares. The legal tool approved Tuesday by the specialized commissions of the National Assembly regulates the juridical regime concerning the entrance, exit and residence permit for foreigners in Angola. Answering the MPs' concern regarding the document, the Home minister stressed that the entrance into force of Read the full story
Tanzania: JPM Swears-in New Appointees, Emphasizes On Mineral Centres
AllAfrica
(Photo: The Citizen) President John Magufuli has ordered the newly appointed Minister of Minerals, Dotto Biteko to fast-track the construction of mineral centers in all mineral producing regions in the country. He gave the directive earlier on Wednesday at the State House in Dar es Salaam, during the swearing-in ceremony of the government officials he appointed yesterday in a min-cabinet reshuffle. President Magufuli explained that his order intends to eliminate theft and unlawful exportation of Read the full story
Zimbabwe Crisis - Apex Council Turns On Job Action Button
AllAfrica
AllAfrica
(Photo: Jerry Chifamba/allAfrica) Zimbabwe's economic crisis worsening with each passing day has forced the Apex Council, an umbrella body for all civil servants worker representatives to notify government of its intention to down tools due to incapacity to report for duty. In a letter dated 8 January 2019 and addressed to the chairperson of the Public Service Commission (PSC), the Apex Council said its members are incapacitated to report for work. "The Apex Council representing the entire civil Read the full story
Zimbabwe: Zim Teachers Divided On How to Handle Wage Dispute With Government
AllAfrica
(Photo: New Zimbabwe) Cracks continue manifesting among Zimbabwean civil servants as two prominent teachers union groups Tuesday presented a divided front on how to resolve their drawn out salary impasse with government. The Amalgamated Rural Teachers Union of Zimbabwe (ARTUZ) which has fronted the recent onslaught to press for US dollar wages and better working conditions, wants an all-out strike for wages. On the other hand, the Progressive Teachers Union of Zimbabwe (PTUZ), another prominent Read the full story
Zimbabwe: Zim Shutdown Looms As Civil Servants Give 14-Day Notice to Go On Strike
AllAfrica
AllAfrica
Civil servants representative groups announced Tuesday they were all going on strike within the next 14 days if government failed to meet their wage demands. This follows a crisis meeting they held with government on Monday, with nothing concrete emerging out of the indaba. In a notice signed by Apex chairperson, Cecilia Gambe, Zimbabwe's restless workforce said the collective job action has been necessitated by its employer's continued failure to address its plight in areas such as salaries, Read the full story
ASIA
China pledges to purchase more US goods
Mubasher
China pledged to buy “a substantial amount” of agricultural, energy and manufactured goods and services from the US, the US Trade Representative’s office said. Read the full story
China car sales fall for the first time in 20 years
BBC News US
The annual sales slump comes amid a slowing economy and an ongoing trade war between China and the US. Read the full story
US and China wrap up trade talks in Beijing. What happens next?
CNN Politics
CNN Politics
US and Chinese negotiators wrapped up their latest round of trade talks in Beijing on Wednesday as they seek a way out of a damaging trade war. Read the full story
S.Korea stocks slide on expiring options; won edges higher
Reuters
* KOSPI index falls, foreigners buy * Korean won rises versus U.S. dollar * South Korea bond yields down SEOUL, Jan 10 (Reuters) - Round-up of South Korean financialmarkets:South Korea's KOSPI stock index edged down ahead ofThursday's expiration of options contracts, despite positivesignals over U.S.-China trade talks and dovish Fed minutes. TheKorean won inched up, while bond yields dropped. ** Delegations from China and the United States ended three daysof trade talks in Beijing on Wednesday Read the full story
Palladium Stays on Record Streak With China Autos Plan; Gold Consolidates
Investing.com
Commodities Jan 09, 2019 21:07 GMT Investing.com - The spot price of palladium retained its record-making streak on Wednesday after investors linked the precious metal used for purifying auto emissions with an announcement by China that could boost car ownership in the world’s second-largest economy. Gold, meanwhile, continued to tread water just below $1,300 a troy ounce as precious metals bulls remained wary of chasing the yellow metal higher without a clear path lower for the dollar, which Read the full story
EUROPE
Britain needs to get real: the EU is in charge of Brexit
CNN
In the current Brexit stalemate, the UK parliament may think it is sovereign, but ultimately it is the EU which retains the whip hand. Read the full story
Britain will leave the European Union on March 29, Prime Minister Theresa May said on Wednesday when asked by a lawmaker to rule out any delay to Brexit. Read the full story
EU delegation bemoans Trump's 'harmful approach' after ambassador status downgrade
The Hill
The Hill
The European Union's delegation to the United States wrote to members of Congress on Wednesday to criticize the Trump administration's approach to diplomacy with the long-time U.S. Read the full story
Britain's May pressing talks with EU to get Brexit assurances
Reuters
Prime Minister Theresa May said on Wednesday she was pressing talks with EU leaders on securing assurances to ease concerns over her Brexit deal, doubling down on her warning that Britain could leave without an accord if parliament votes against her. Read the full story
France, Germany approve extension of reconciliation treaty to shore up EU
Reuters
France and Germany have agreed to deepen a 1963 treaty of post-war reconciliation in a bid to show that the European Union's main axis remains strong and counter growing euroskeptic nationalism among some other members. Read the full story
Britain's Hammond says no-deal Brexit would harm its people
Reuters
Britain's finance minister Philip Hammond said it would be against British people's interests to leave the European Union without an exit deal, but declined to say how the government would respond if parliament refused to back its Brexit plans. Read the full story
CBI, ISX, Kauaihn Chatter:
CBI Update:
CBI closed on Friday and Saturday
ISX Closed on Friday and Saturday Kauaihn Chatter:
http://www.dinarguru.com/
1-11-2019 Intel Guru Frank26 On the 30th, of December, lifted the 3 zeros electronically. What I’m about to share with you is public knowledge. Why doesn’t the Internet know? You...have the ability and privilege to receive our study from [Guru] Walkingstick. Because Walkingstick is working with the Government of Iraq. On the 30th of Dec. 2018, WS firm received 240 contracts from the GOI. They started internally. 24 of them, have already been PAID. They were paid in IQD. The term of acceptance: 30 day contracts. Of the 240, 24 already paid in IQD. That’s exactly what Iraq has to do. I want you to know that these 240 contracts and the 24, they were paid at a rate of 1:1. Those contracts will start on January 13, 2019. Details on other firms is unknown to us. Believe they are similar and paid in IQD at 1:1.
1-10-2019 Intel Guru Delta "The largest deletion of zeros in history." Quote: "The elimination of zeros is not new in Iran, it was preceded by Venezuela when it omitted five zeros, and Iraq which has already deleted zeros from Iraqi dinars..." [Delta, if they deleted any zeros we would see it on the cbi web site IMO and all the zeros are still there.] THEY CAN HOLD IT FROM US WITH IN 30 DAYS...
1-10-2019 Newshound/Intel Guru Mnt Goat For all you who ...want a date and a rate – no reinstatement as of yet and the dinar is not yet international. The CBI is still planning for the month of January and so we watch and wait, however I do not see the signs I would want to see to by now to prove this is the case. There is still more than 3 weeks remaining in January. Also when the dinar does finally reinstate it will most likely be in the range of $3-$4 on exchange with the US dollar. This is NOT going to be slow rise from the program rate 1190 since it will no longer be solely pegged to the US dollar.
1-10-2019 Newshound/Intel Guru RVAlready [So the budget being voted on tomorrow [Thursday]. Is that the news we're waiting on for tomorrow or Friday?] We do not really care about their budget. The RV will happen independent of that. I think parliament is a smoke screen. Stuff in Iraq almost always comes from back room meetings. Sounds like cabinet will be announced tomorrow.
1-10-2019 Newshound Guru Adam Montana Yes, EVERYONE wins. Even the OPEC members that may have seemingly "lost" some revenue with their limited production agreement. The truth of that matter is that none of them are in the dark about the potential for Iraq to revalue. They all sit there,innocently and conveniently silent about Iraq's exclusion from the agreement. Coincidence? I think not. In fact, this is the KEY. It's staring the world in the face, and only a small group of us are even paying attention. I'm ok with that. HCL is still a pivotal issue, but there's no point in finalizing the HCL until oil prices go back up. More good news - Iraq is in a very good position to implement HCL, so once we see this graph going up again...game on! [post 3 of 3]
1-10-2019 Newshound Guru Adam Montana The good and bad news is this - there are actions being taken to get the price of oil back up. ...Now, think about this little tidbit...Iraq has "confirmed their commitment to participating" in the oil productions cuts. But, as a savvy reader who remembers the details, you also know that Iraq was not specifically included in the original OPEC agreement. Iraq is essentially standing on the sidelines, voicing support, encouraging the action... but reserving the right to step back from it and swoop in on some profits once they are there again, while everyone else frantically tries to organize a vote to release themselves from their self-imposed restrictions. At that point in time, Iraq will have all the time they need to successfully execute a couple days or even weeks of trading, exchanging currency with higher values and reaping profits on said exchanges, and everyone wins. [post 2 of 3....stay tuned]
1-10-2019 Newshound Guru Adam Montana I’m still pretty solid about 2019. In fact, I like it a lot. Not this week in particular, but in general - I think we've got a solid chance...this year! I've been keeping an eye on the situation for a few months now, waiting to see the trend I'm seeing right now. Waiting for all the pieces to come together. And I finally feel like it's time to voice the following thoughts. We may all enjoy a lower pump price, but I guarantee you the Middle East and all our Texas oil boys don't necessarily like them! That's exactly why OPEC entered into a production limit agreement in the not-so-distant past...because supply and demand drives price. Oil is on sale right now, due to a very high supply, and I don't think we'll see an RV while the sale is on. It's simply not in the CBI's best interest to do so. [post 1 of 3....stay tuned]
1-10-2019 Newshound/Intel Guru Mnt Goat For all you who ...want a date and a rate – no reinstatement as of yet and the dinar is not yet international. The CBI is still planning for the month of January and so we watch and wait, however I do not see the signs I would want to see to by now to prove this is the case. There is still more than 3 weeks remaining in January. Also when the dinar does finally reinstate it will most likely be in the range of $3-$4 on exchange with the US dollar. This is NOT going to be slow rise from the program rate 1190 since it will no longer be solely pegged to the US dollar.
1-10-2019 Newshound/Intel Guru RVAlready [So the budget being voted on tomorrow [Thursday]. Is that the news we're waiting on for tomorrow or Friday?] We do not really care about their budget. The RV will happen independent of that. I think parliament is a smoke screen. Stuff in Iraq almost always comes from back room meetings. Sounds like cabinet will be announced tomorrow.
1-10-2019 Newshound Guru Adam Montana Yes, EVERYONE wins. Even the OPEC members that may have seemingly "lost" some revenue with their limited production agreement. The truth of that matter is that none of them are in the dark about the potential for Iraq to revalue. They all sit there,innocently and conveniently silent about Iraq's exclusion from the agreement. Coincidence? I think not. In fact, this is the KEY. It's staring the world in the face, and only a small group of us are even paying attention. I'm ok with that. HCL is still a pivotal issue, but there's no point in finalizing the HCL until oil prices go back up. More good news - Iraq is in a very good position to implement HCL, so once we see this graph going up again...game on! [post 3 of 3]
1-10-2019 Newshound Guru Adam Montana The good and bad news is this - there are actions being taken to get the price of oil back up. ...Now, think about this little tidbit...Iraq has "confirmed their commitment to participating" in the oil productions cuts. But, as a savvy reader who remembers the details, you also know that Iraq was not specifically included in the original OPEC agreement. Iraq is essentially standing on the sidelines, voicing support, encouraging the action... but reserving the right to step back from it and swoop in on some profits once they are there again, while everyone else frantically tries to organize a vote to release themselves from their self-imposed restrictions. At that point in time, Iraq will have all the time they need to successfully execute a couple days or even weeks of trading, exchanging currency with higher values and reaping profits on said exchanges, and everyone wins. [post 2 of 3....stay tuned]
1-10-2019 Newshound Guru Adam Montana I’m still pretty solid about 2019. In fact, I like it a lot. Not this week in particular, but in general - I think we've got a solid chance...this year! I've been keeping an eye on the situation for a few months now, waiting to see the trend I'm seeing right now. Waiting for all the pieces to come together. And I finally feel like it's time to voice the following thoughts. We may all enjoy a lower pump price, but I guarantee you the Middle East and all our Texas oil boys don't necessarily like them! That's exactly why OPEC entered into a production limit agreement in the not-so-distant past...because supply and demand drives price. Oil is on sale right now, due to a very high supply, and I don't think we'll see an RV while the sale is on. It's simply not in the CBI's best interest to do so. [post 1 of 3....stay tuned]
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1-A (from PM Mahdi's website; posted on both Arabic and English sides)
The Supreme National Water Committee holds its fourth meeting under the chairmanship of the Prime Minister, Adel Abdul Mahdi
The Supreme National Water Committee held its fourth meeting under the chairmanship of Prime Minister Adel Abdul Mahdi,
The Prime Minister stressed the importance of optimizing investment of water, maximizing resources, working on reclamation of lands and irrigation of rivers, protecting the production of agricultural crops, and directing sovereignty to define the powers and responsibilities of each sector.
The meeting discussed the general situation of water in Iraq and follow up the implementation of previous resolutions and the agenda. The meeting issued a number of resolutions and recommendations.
Media Office of the Prime Minister
10 January 2019
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ARTICLE 1-B (from PM Mahdi's website; posted only on Arabic side, not on English side)
Prime Minister Adel Abdul Mahdi receives a number of members of the Council of Representatives for the province of Kirkuk
Prime Minister Adel Abdul Mahdi received in his official office today a number of members of the House of Representatives for the province of Kirkuk. .
The Prime Minister stressed his keenness to stabilize the situation in the province and consolidate the state of coexistence among its components and respect for the diversity that characterizes Kirkuk.
And focused efforts on the provision of services, and work according to the Constitution and the law and powers and cooperation between all relevant parties in order to achieve the public good.
Media Office of the Prime Minister
10 January 2019
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ARTICLE 1-C (from PM Mahdi's website; posted on both Arabic and English sides)
Prime Minister Adel Abdul Mahdi receives the Minister of Oil of the Islamic Republic of Iran
Prime Minister Adel Abdul-Mahdi received in his official office today the Minister of Oil of the Islamic Republic of Iran, Mr. Beijing Zangana, and his accompanying delegation.
The Prime Minister stressed the deep relations between the two countries and the two neighboring peoples and the importance of strengthening them in areas that serve the interests of the two peoples, foremost of which is cooperation in the fields of oil and gas.
For his part, the Iranian Oil Minister expressed his country's pride in the level of relations with Iraq and the aspiration to develop them, and hoped to achieve more cooperation and meet the needs of Iraq's gas, and congratulated the sovereignty of the presidency of the government and work on the stability and prosperity of the Iraqi economy.
The meeting was attended by Oil Minister Thamer Ghadhban and a number of officials and advisors in the oil, gas and economy sectors in both countries.
Media Office of the Prime Minister
10 January 2019
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ARTICLE 2 (from Government of Iraq twitter account)
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 1-10-2019 around 9:30 am Eastern
President @BarhamSalih accompanied by @IraqiGovt delegation pays official visit to the State of Qatar, and hold talks with senior officials on strengthening bilateral relations and regional security.
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ARTICLE 3
IMPORTANT Death and injury of 17 people in a car bomb explosion in Qaim
2019/1/11 11:29
[Ayna-Baghdad]
Seventeen people were killed and 17 injured in a car bomb explosion in Qaim district in western Anbar province.
According to a statement issued by the Center for Security Information, "the terrorist attack, which was caused by a wheel of Kia loaded with the type of [Kia] carried near one of the markets of the district, where the incident resulted in the death of a civilian and wounding 12 civilians and 4 members of the security services."
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ARTICLE 4
Raising hundreds of remnants of war for Daish in Nineveh
2019/1/11 12:51
[Ayna-Baghdad]
Explosive ordnance in the popular crowd announced on Friday the lifting and processing of hundreds of explosive devices belonging to criminal gangs in the Nineveh Operations Division.
"The anti-explosives detachments of the 50th Brigade in the popular crowd have lifted 55 booby-trapped booby-traps, 120 mines, improvised explosive devices and 120 war-extinguishers, as well as the dismantling of 30 barrels of mines," said a statement to the crowd. Of them safely. "
"The anti-explosives detachment units continue to conduct field surveys and clearance as part of a strategy to provide safe and free cities for any military and explosive violations within the areas of responsibility," he said.
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ARTICLE 5
The document revealed the terrorist cell led by the security director of a university
2019/1/6 21:52
[Ayna - Baghdad]
The Ministry of Higher Education and Scientific Broadcasting revealed a terrorist cell led by the security director of a university.
"The Assistant to the President of the Iraqi University for Administrative Affairs in the Ministry of Higher Education Hassan Fadhlallah al-Tamimi and with the support of the National Security Service revealed a terrorist cell of the Islamic organization led by the director of security of the Iraqi University Mahdi Dweiger, nicknamed Abu Sakina al-Kaabi "He said.
He added that "the hand of the terrorist was isolated and withdrawn until the completion of the disclosure of the rest of the criminals, where he worked to kill 40 scientists from the Ministry of Higher Education and Scientific Research."
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