For those who can't get on OM, and who don't have access to the forum. I will post here the articles I like for the day and some of my thoughts. Check back later
Today's Parliament session has been postponed until Wednesday at 1:00 due to a lack of quorum.[And the band played on....]
Citizens are not happy with Mahdi's "progress" thus far...they are saying the corruption is still rampant in the government. #wearethepeople
Unofficial report: Things (rate activity) should get started today in Iraq and filter over to us this week. Time Will Tell. Relax...Relate.......Release.
After the TNTSuperfantastic conference call....
Today, Iraqi TV is reporting that the World Bank is backing a committee formed to oversee the implementation of the cabinet members and to investigate the the situation because it is delaying the reconstruction efforts. #wearethepeople
MP on the reform alliance Mnallim al-Hamidawi, on Monday, Prime Minister Adel Abdul-Mahdi to speed up the submission of independent candidates for the remaining ministries to end the debate within the House of Representatives.
"The argument within the political blocs began to escalate on the candidates of the remaining ministries, which was held on the head of government and parliament," said Hamdawi, "the prime minister to submit independent candidates to end the debate within the House of Representatives."
She added that "the political agreement before the formation of the government provided for the candidates to fill the security positions," explaining that "it is not in the interest of the Prime Minister and political blocs to stick to a partisan figure does not have consensus within the House of Representatives." Ending / 25 h d
Parliamentary Cabinet cab is not a priority of our attention
MP on the National Axis bloc Abdullah al-Kharbit said on Monday that the completion of the ministerial cabin is no longer a priority of the Parliament, saying that the people "got bored of repeating the same scene" on the remaining ministries, while noting that the recovery of Iraqi funds smuggled abroad " "Of completing the vote on the ministries.Kharbit said in an interview for Alsumaria News, "The recovery of Iraqi money smuggled abroad is more important than we complete the vote on the ministries," noting that "the remaining ministries that sent by Abdul Mahdi, we will vote on it and if not attended, we will continue to complete the rest of the legislation and laws without disrupting the meetings Parliament ".
He added that "what is important to us is to fulfill the oath that we swore as deputies and work to restore the rights of the people and the money smuggled, while the ministries are with Abdul Mahdi came or not Tat is not our concern in the next stage," keeping in mind that "the people got bored of repeating the same scene around the ministries between Names and districts, leaks and other things do not represent the priority of the citizen as much as the need to provide services and provide employment opportunities.
The House of Representatives voted in its session held on Monday, December 24, 2018 to pass the candidates of the Ministries of Immigration and Education in the fall of the candidate of the Ministry of Defense Faisal Fanar Jarba and the candidates were not offered the Ministries of Interior and Justice for the lack of quorum to vote after the withdrawal of deputies of the bloc reform and reconstruction.
Legal expert determines the legitimacy of the extension of the provincial councils and the date of its new elections
{Baghdad: Al Furat News} Select a legal expert, the legitimacy of the extension of the work of provincial councils.
"There are three legal ways to legitimize the work of the current provincial councils, including the law that allowed the councils to stay until the elections are re-elected, but there is no popular and constitutional legitimacy to continue the work of the provincial councils," Tariq Harb told AFP. He added that "the work of the provincial councils to 2020 because the date set is a proposal for the House of Representatives," noting that "the law directed the Council of Ministers to determine the date which will pay the date to 2020." "The Constitution did not give one authority to continue the work of the provincial councils, but the law allowed them to do so." He pointed out that "three governors currently for Baghdad, Atwan al-Atwani, Fadel al-Shuwaili and Falah al-Jazairi" noting that "Baghdad should have governors according to Article 22 of the Constitution, considering that Baghdad is within the limits of its capital and administrative boundaries, . "It was supposed to transfer the two voting sessions on the governors {Shuweili, and Algerian} on the air" pointing "was supposed to lead the governor (Altawani) constitutional right after winning a parliamentary seat of the constitutional oath since August, but some of them is not their intention to return and the heads of blocs were They direct this. " The Electoral Commission has set a new date for provincial elections and conduct on 16 November 2019. The first deputy speaker of parliament, Hassan al-Kaabi, said that "the House of Representatives will proceed with amendments to the law of the recent provincial elections No. 12 of 2018, including the separation of provincial council elections for provincial councils.
MP says state draft budget will not suffice gov't program
MP Bahaa al-Nouri has criticized the state draft budget, saying it does not fulfill demands of the current phase or conform to the government’s program.
In remarks, Nouri said, “the draft law ignored the population ratios as well as oil-producing provinces, which suffer a shortage in the services rendered.”
The bill, according to Nouri “did not consider unemployment levels or employees rights and levels, which was recently addressed at the parliament.”
Regarding the salaries, Nouri said “the budget was made depending on the oil price. Some are trying to increase it, but we are still in talks.”
Nouri ruled out Kurdistan to get a rate higher than that state in the draft law, due to a decline in oil price down to less than what the law stipulated.
Last month, Iraq's parliament reportedly finished the first reading of the draft of the budget for the fiscal year 2019.
The revenues of the 2019 budget is estimated at about 150.6 trillion Iraqi dinars according to the estimated revenues from the export of crude oil on the basis of the rate of $56 per barrel, and an export rate of 3,880,000 barrels per day.
The arrest of a lawyer following the transactions of issuing the national card to citizens for money
Baghdad Mawazine News The Office of the Inspector-General of the Ministry of Interior in the province of Salah al-Din on Sunday, the arrest of a lawyer caught by commenting on a number of transactions to issue unified national cards do not have any legal relevance in the Department of the conditions of the province in exchange for money. The Assistant Attorney General of the Office of the Inspector General in Salah al-Din, Col. Mohammad Osama al-Hamdani said in a statement / Mawazine News / that the lawyer (HNN) was arrested in accordance with judicial orders after the submission of complaints by citizens after taking money in return for them On the unified national card. "The lawyer (HNN) was involved in taking money from more than 150 citizens who were defrauded without obtaining the unified national card," Hamdani said.
Kauaihn Iraq Articles:dd
Mr. Ammar al-Hakim: reform and construction a qualitative transition and the Kurds to resolve their options
(Baghdad: Al-Furat News) The head of the Alliance for Reform and Reconstruction, Mr. Ammar al-Hakim, called on the Kurds to resolve their options in joining projects "passing the sectarian and national addresses."
A statement of his office received the agency {Euphrates News} a copy of that Mr. Ammar al-Hakim, "received the delegation of the Kurdistan Democratic Party and discussed with him the latest political process in Iraq and the completion of the government cab." He stressed "the importance of rapid resolution by completing the remainder of them to enable the government to implement its government program is governed by clear time limits, and the need to give priority to the public interest on narrow partisan interests." "We are looking forward to a close relationship and cooperation between the central government and the provincial government," noting that "all problems can be resolved under the roof of the Constitution and the supreme national interest." He reiterated that "services are top priorities as well as job opportunities and fight corruption." On the alliance of reform and reconstruction, Mr. Ammar al-Hakim, said that "the formation of this alliance and the construction alliance represents a qualitative transition in the course of the political process," calling on the Kurds to "resolve their options to join projects cross the sectarian and national headlines."d
King of Jordan to visit Baghdad today .. These are the main files of his talks
The King of Jordan, Abdullah II, is visiting Baghdad on an official visit to discuss joint relations, trade and economic files and the situation in the region.
"The visit of the King of Jordan comes to complement the visit of President Barham Salih to Amman in mid-November to promote cooperation in various fields between the two countries, especially in the fields of economy, trade and combating terrorism," said a well-informed political source. It is hoped that the king's talks in Baghdad will deal with combating terrorism, exchanging intelligence and boosting economic and trade cooperation after the two countries agreed to establish a free industrial city at the border crossing of Trebil, and discussed the project of extending an oil pipeline from Basra to Aqaba. President Barham Salih visited Jordan two months ago as part of a regional and Arab tour that included Kuwait, the United Arab Emirates, Saudi Arabia and Iran as part of Iraq's efforts to distance itself from conflicts in the region and call for regional dialogue to include all countries in the region. Jordanian Prime Minister Omar al-Razzaz visited Baghdad late last month and met with President Barham Salih and Prime Minister Adel Abdul-Mahdi at the head of an economic and commercial delegation and signed a number of bilateral agreements in the fields of security, economy, trade, energy and others.
The White House asked the Pentagon to provide military options for strikes against Iran in September after suspected of pro-Iranian militias bombed the Green Zone in Baghdad
January 14, 2019
WASHINGTON (Reuters) - The White House has raised concerns about the Pentagon when it asked the country's military leadership to offer options for strikes against Iran after suspected pro-Iranian militias last September bombed the Green Zone in Baghdad, home to the US embassy. Three mortar shells landed on September 7 on the heavily guarded Green Zone of Baghdad, where the US embassy and Iraqi government offices were located, the Wall Street Journal reported in its Sunday edition. Washington attributed the bombing, which did not cause casualties or damage, to pro-Iranian militias. "The Pentagon's National Security Council, led by John Bolton, has asked the Pentagon to present military options to the White House to strike Iran," the paper quoted current and former US government officials as unnamed. The source said the request had raised concerns in the Pentagon. "This hasty way of talking about striking Iran was a shock to them," one source said. The Pentagon responded to the White House request, without knowing whether military options had already been made, or whether President Donald Trump had already been informed. In response to a question by AFP, the Pentagon stressed that the military preparation of plans for the White House is a normal activity. "The Defense Department is planning and presenting the president with military options for all sorts of threats, including those posed by Iran, to deter any aggression or to respond if necessary," said Defense Ministry spokesman Colonel Rob Manning. Foreign Minister Mike Pompeo, who is on a tour of the Middle East, declined to answer a question by AFP. Shortly after the shells fell on the Green Zone in Baghdad, the White House said it held "the Tehran regime responsible for any attack that could hit our working team or damage US government installations." The White House statement said the United States "will respond quickly and decisively in defense of the lives of Americans." Bolton, the president's national security adviser, is known for being a neoconservative, known for his extreme anti-Iran and North Korean positions. The publication in 2015 of an article in the New York Times entitled "To stop Iran is bound to hit Iran."
The latest statistics of the number of checkpoints in Baghdad and the fate of concrete blocks
Baghdad: Baghdad Operations Command revealed the latest statistics on the number of security controls and associations stationed in the areas of the capital.
"When the leadership was formed in 2007, the conditions were very difficult, so the commanders took the program of setting up barriers and erecting checkpoints for security reasons and there were closed streets since 2004," said operations commander Lieutenant General Jalil al-Shammari on statistics on the number of checkpoints in the capital. The security situation has changed significantly the efforts of all members of the Baghdad Operations Command in all formations, and citizens are now feeling better conditions in Baghdad, which led us to assess the security situation from time to time and raise a number of controls. "We started in December 2016 lifting the controls in the capital Baghdad has been lifted 30 control and 90 stations, and in April of 2017 we raised a number of other controls in the side of Karkh 32 controls and 120 stationed, in addition to the lifting of concrete barriers to show The beautiful landmarks of Baghdad to notify the citizen of security and stability as there is no benefit from security and stability and the areas are closed and mobility difficult. Al-Rubaie explained that "the concrete barriers that were raised in Baghdad's security area have been used to prevent terrorists from moving on the Nisema roads and forcing them to pass through the main checkpoints surrounding the capital. During December of 2018, B, and was raised in consultation with the field commanders in Rusafa in the eleventh division of the army and the first division of the federal police and we have raised 19 control in Karkh, but still the entrances to Baghdad is not the required level. "After evaluating the security situation in Baghdad, we found that there are a number of controls of limited benefit, and we saw that lifting them will reduce the traffic momentum in the capital."
Abdul Mahdi discusses with NATO to provide assistance to Iraqi forces
Iraqi Prime Minister Adel Abdul-Mahdi on Sunday discussed with Assistant Secretary-General for NATO Operations John Minza assistance to Iraqi forces.
A statement from the Office of Abdul Mahdi, "The latter stressed the importance of the support provided by NATO countries to Iraq and stand with him to overcome the security terrorist challenges."
"Iraqi forces have gained a high level of experience in the war on terror, to defeat the gangs and to be more capable of protecting the country and extending internal security," the statement said.
"The support provided by the NATO countries to Iraq and stand with it to overcome the security terrorist challenges," Abdul Mahdi said, also called for "strengthening relations with the mission and NATO countries to enhance the potential of Iraqi forces in the areas of armament and training."
"The NATO mission in Iraq is focused on training Iraqi forces and preparing Iraqi trainers to meet the needs of Iraq in this area," said NATO's Assistant Secretary General. "NATO is ready to provide the requirements of Iraqi forces and strengthen partnership."
The two sides discussed the nature of the forces and the participating countries and prepare them and be of assistance to Iraq and balanced with local and regional conditions
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
FOR TWITTER ACCT
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Social Security is slated to run out of money in 2034. But how likely is it that this will actually come to pass? Here’s what you need to know. Read the full story
5 historic global shifts that could turn 2019 into a treacherous year
CNBC
From China tensions to fading American primacy, a handful of history-bending shifts could upend global world order and add to the more obvious risks already roiling markets and the wider economy. Read the full story
Build your financial fortune like a house...with solid foundations
Daily Mail
Anyone building long-term wealth must diversify their assets, combining risky investments with cash. Here we highlight some of the foundations that should underpin any portfolio. Read the full story
Investing.com - This week precious metal traders will continue to monitor movements in the U.S. dollar, one of the biggest factors for gold, with the greenback in turn taking its...
If you're worried about stocks, invest in gold here, Jim Cramer says
CNBC
Jim Cramer shares his favorite ways to add gold to a portfolio and encourages investing in the precious metal if you're nervous about 2019. Read the full story
Saudi energy minister says oil market on 'right track'
Reuters
Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday the oil market is "on the right track" and will quickly return to balance, but oil producers are willing to do more if needed. Read the full story
Oil And Gas Digital Investment Is Surging But Progress Remains Slow
Forbes
Process efficiency continues to be the main investment driver following years of oil price volatility. Read the full story
Merkel Seeks to Heal Coal Rift in Germany
Bloomberg
Talks on Tuesday follow deadlock on all-party panel asked to make recommendations on how to phase out the dirtiest fossil fuel Read the full story
BANKS/BANKING/CREDIT
Smaller Financial Firms Struggle To Match Big Bank Digital/Mobile Innovation
Forbes
Smaller financial institutions face a significant threat from the biggest banks which have huge tech budgets to keep improving digital and mobile applications. Read the full story
Wall Street bankers grapple with the end of the corporate dress code
MarketWatch
Loosening the tie for corporate bankers could have repercussions. Read the full story
Tricks for raising your credit score are on the way
CNBC
Two new programs will consider how prospective borrowers manage their cash. Riskier borrowers could see their credit scores rise as a result. Credit card interest rates are at record highs and new customers need to be wary. Read the full story
TREASURIES/BONDS/STOCKS
Welcome to Wall Street Insider — a behind-the-scenes look at the stories dominating banking, business, and big deals
Business Insider
Dear Readers, Welcome to the new and improved Wall Street Insider newsletter! Every Saturday morning, we'll be giving you a behind-the-scenes look at the top Business Insider stories dominating banking, business and big deals. Our goal isn't to rehash the events of the week that you may have already read about elsewhere. We want to give you a peek at our exclusive reporting and analysis that reveals the personalities, internal struggles and strategies behind the finance industry's most secretive Read the full story
Buying Stocks Is Not Just For Rich People. You Can Do It Too!
Forbes
If you want to start building wealth, you have to stop relying on your checking and savings account to get you there. Start investing and stop relying on old thoughts and habits to create new realities for you in 2019. You don't have to be rich to invest, and here are 3 ways for you to start now! Read the full story
Economic Calendar - Top 5 Things to Watch This Week
Investing.com - The coming week marks the start of the fourth-quarter earnings season on Wall Street. Analysts expect earnings to be fairly strong, but are watching to see what...
Cryptocurrency This Week: Overstock To Pay Tax In Bitcoin, Russian Investment Plans And More
Inc42 Media
For the crypto community, 2019 has been no different from 2018. While Bitcoin after celebrating a three-day honeymoon period at $4K is back to $3.6K now, Ethereum Classic, the original Ether has gone through 51% attack. A 51% attack is a malicious miner or a group of miners taking control of more than 50% of... Read the full story
Ethereum [ETH]'s major factor is its application, says Pompliano
AMB Crypto
Anthony Pompliano, popularly known as Pomp, founder of Morgan Creek Digital, spoke about the what 2019 has in hold for Ethereum, during an interview with CNBC Crypto Trader. He also elucidated on how the blockchain would be opted by developers apart from Ethereum. Anthony stated that the big factor around Ethereum, at present, is actual... Read the full story
Bitcoin [BTC] trading volume increases exponentially in Colombia, Venezuela and Peru
AMB Crypto
Venezuela has shown a massive increase in Bitcoin adoption over the last year when compared to the data from the past. The data also shows that the trading volume for BTC has also increased drastically. Venezuela, Argentina, Colombia, and Peru are some countries that are affected a lot by inflation and government policies that have... Read the full story
Investing.com - This week investors will be looking ahead to Tuesday’s data on U.S. producer price inflation as they continue to gauge the outlook for policy tightening by...
The Royal Mint launches Sovereign and Half Sovereign 2019 range
Daily Mail
Priced at about £259 and £136 respectively, or less if purchased in multiples, they can be bought direct from The Royal Mint and also stored by the organisation at a cost of 1 per cent plus VAT a year. Read the full story
GBP Forecast: Brexit Vote on Tuesday Will Not End the Current Bedlam
Parliament will vote down PM May’s Brexit bill on Tuesday evening opening the door to further mayhem. When will Sterling throw in the towel?
Zimbabwe: Local Currency in 12 Months - Ncube
AllAfrica
(Photo: The Herald) Finance and Economic Development Minister Professor Mthuli Ncube yesterday said the country will have its own currency within the next 12 months, as Government is frantically working on raising enough foreign currency to anchor it. Addressing delegates at a "Road to Davos" townhall meeting in the capital yesterday, Prof Ncube said adopting the United States dollar or the South African rand would not solve the country's macro-economic problems. "On the issue of raising enough Read the full story
Zimbabwe plans new currency as dollar shortage bites: Finance Minister
By MacDonald Dzirutwe HARARE (Reuters) - Zimbabwe will introduce a new currency in the next 12 months, the country's Finance Minister said, as a shortage of U.S. dollars...
Bank of China to enable payment in yuan on U.S. e-commerce platforms: Xinhua
Reuters
Bank of China's New York branch will enable Chinese firms to receive payment in yuan rather than dollars from their sales on U.S. e-commerce platforms this year, the official Xinhua news agency reported on Sunday. Read the full story
INSURANCE / HEALTH / SCIENCE
Giving Blood For the First Time? Here's Everything You Need to Know
POPSUGAR
I'm terrified of needles. When I was a little kid, I would scream so loud any time I had to get my vaccinations, the other kids in the pediatrician's office assumed I was being subjected to some type of medieval torture. So when my high school offered a blood drive, I balked. I wasn't about to subje ... Read the full story
Want to prevent deadly diseases? Eat more fiber, study says
CBS News
A new report shows that lots of grains, vegetables and fruit lowers your risk of dying early from heart disease, cancer, and other deadly diseases Read the full story
Finding A Cure For Her Sick Son Turned This Lawyer Into A Successful Health Food Entrepreneur
Forbes
Giving up a lucrative career to start a business is always a risky move. For most people it's entirely by choice; for others, like former lawyer Geeta Sidhu-Robb founder of health business Nosh Detox, it's dictated by factors outside their control. Read the full story
Federal worker forced to ration insulin because of government shutdown
NBC News
“I can’t afford to go to the ER. I can’t afford anything. I just went to bed and hoped I’d wake up,” Mallory Lorge said about her blood sugar going high. Read the full story
USA / CANADA
Analysis | Trump may declare a national emergency in the border wall battle. Here’s what that means.
The Washington Post
Trump is threatening to declare a national emergency. Here are answers to five key questions. Read the full story
The US has entered into another cold war. This time, it's with China.
Business Insider
U.S. President Donald Trump (R) looks on Chinese President Xi Jinping during the plenary session at the G20 Summit on July 7, 2017 in Hamburg, Germany. The constant, interminable Chinese computer hacks of American warships' maintenance records, Pentagon personnel records, and so forth constitute war by other means. The differences between the US and China are stark and fundamental. Trade talks, however successful, will never be able to change those fundamentals. The philosophical divide between Read the full story
U.S. Economy Is Floating on an 'Ocean of Debt', Gundlach Warns
FORTUNE
Jeffrey Gundlach said yet again that the U.S. economy is gorging on debt. Echoing many of the themes from his annual “Just Markets” webcast on Tuesday, Gundlach took part in a round-table of 10 of Wall Street’s smartest investors for Barron’s. He highlighted the dangers especially posed by the U.S. corporate bond market. Prolific sales of junk bonds and significant growth in investment grade corporate debt, coupled with the Federal Reserve weaning the market off quantitative easing, have Read the full story
EMERGING MARKETS
Brazil state governor to continue prison reforms despite attacks
Aljazeera
In Brazil, a state governor is refusing to back down on his prison reforms - despite retaliation from organised criminal gangs. Prisons built to hold captured gang members have instead become centres of power for the criminal syndicates and authorities have vowed that must not be allowed. The gangs launched a wave of attacks in Ceara state, prompting President Bolsonaro to send in national troops and the state government to crack down on the prisons even further. Al Jazeera’s Daniel Schweimler Read the full story
President Bolsonaro should boost Brazil’s entrepreneurial ecosystem
Brazil president says he wants free trade with 'the entire world'
Business Insider
FILE PHOTO: Brazil's President Bolsonaro attends ceremony at Planalto Palace in Brasilia Thomson Reuters SAO PAULO (Reuters) - Brazil's President Jair Bolsonaro wants "bilateral trade with the entire world without an ideological bias," he said on Twitter on Saturday ahead of the Davos World Economic Forum later this month. Latin America's largest economy is also one of the world's most restrictive. The Heritage Foundation, a right-wing think tank, last year ranked Brazil 153 out of 180 countries Read the full story
Mexico endures gas shortages as government cracks down on fuel thieves
Fox News
Mexico is enduring gas shortages as the government is cracking down on narco fuel thieves. Read the full story
"It is more devastating than many of us realized": Congressional delegation visits Puerto Rico
CBS News
The contingent of members of Congress — the largest to visit the island — vowed to help rebuild the struggling U.S. territory Read the full story
MIDDLE EAST
Leaders, Parliamentarians Praise UAE’s Commitment To International Security, Stability | Global Banking & Finance Review
Global Banking & Finance Review
Participants of the ˜From Humanitarian Aid for Stability: UAE and EU together seminar noted that Read the full story
Readers write: News from Iraq, religion and faith, working together, local mongooses, and a special issue
The Christian Science Monitor
Israel fires missiles towards Damascus airport: Syria state media
Aljazeera
Israeli warplanes have fired a number of missiles towards Damascus, triggering Syrian air defence that shot down most of them, according to state media reports. "The results of the aggression so far were limited to a strike on one of the warehouses at Damascus airport," SANA news agency cited a military source as saying. The attack took place at 11:15pm(21:15 GMT), it said. The state news agency also quoted a transport ministry source as saying that the airport was running normally. Syrian Read the full story
Trump 'hasn't been fair' to OPEC, Oman's oil minister says
CNBC
Oman's oil minister thinks President Donald Trump has given OPEC some undue flak. But echoing other Gulf ministers, Mohammed bin Hamad al-Rumhi stressed his desire to steer clear of political animosity with the American leader. Read the full story
UPDATE 1-Saudi Arabia to set up $10 billion oil refinery in Pakistan
Reuters
(Recasts with comments from Saudi, Pakistan ministers. PreviousCAIRO) Read the full story
Abu Dhabi has its eye on North American shale
CNBC
While North American shale oil production may be competition for OPEC members, some oil-exporting countries in the Gulf are simultaneously seeing potential investment opportunities in the commodity. Read the full story
AFRICA
Zimbabwe: U.S.$ Pricing Will Hit Demand and Lead to Job Losses - Experts
AllAfrica
(Photo: The Herald) BUSINESS and economics experts have condemned pricing in foreign currency, warning that the development will reduce product demand and forcing companies to operate below capacity which will ultimately trigger job cuts. The comments at a time some retail outlets and manufacturers like Simbisa Holdings have come out in the open gazetting United States dollar or black-market equivalent prices for customers using bond notes and RTGS. Speaking to NewZimbabwe.com Business, Read the full story
Zimbabwe: Swiss Foreign Minister Pledges Support for Zimbabwe's HIV/Aids Programmes
AllAfrica
SWITZERLAND'S Foreign Affairs Minister Ignazio Cassis has pledged his country's support for Zimbabwe fight against HIV and AIDS. Cassis was in Harare for a day's working visit on Wednesday where he toured the Newlands HIV/AIDS Clinic which was founded by Swiss national, Professor Ruedi Lüthy. The Swiss minister promised to consider the calls by President Emmerson Mnangagwa's administration for investment and economic support. "Through the Swiss Agency for Development and Cooperation we will Read the full story
Zimbabwe: Be Humble and Austere As Govt Lead By Example - Mthuli Ncube
AllAfrica
(Photo: The Herald) Finance Minister Professor Mthuli Ncube has urged Zimbabweans to be "humble and austere" as government embarks on structural economic reforms to rebuild the economy. Speaking at the European Parliament early this week, Professor Ncube said Zimbabwe is coming from an era of high budget deficit, significant debt and currency challenges, problems he said are being addressed during cutting unnecessary expenditures and doing away with perks. "The Zimbabwean economy faces a raft of Read the full story
Bare-handed surgeries as Zimbabwe's health system collapses
My San Antonio
HARARE, Zimbabwe (AP) — A doctors' strike in Zimbabwe has crippled a health system that was already in intensive care from neglect. It mirrors the state of affairs in a country that was full of promise a year ago with the departure of longtime leader Robert Mugabe but now faces economic collapse. Read the full story
Air Zimbabwe In A Bad Way: The Worst Airline In The World?
Luxury Travel Diary
I love this news piece. The story is about the national airline of Zimbabwe, Air Zimbabwe, which is shutting down for a few days because they have no aircraft that they are able to fly! Their 33-year old Boeing 737-200 went out of service on 30th December needing around 45 days of maintenance. It may... Read the full story
UPDATE 2-South Africa's ANC says central bank should broaden economic focus
China stock market inflows could double in 2019 - securities official
Reuters
The inclusion of Chinese A-shares in global stock indexes could see foreign inflows into China's stock market double in 2019, the Shanghai Securities News quoted a top Chinese securities regulator as saying on Saturday. Read the full story
China to reduce restrictions on foreign investment: Xinhua
Reuters
China will reduce restrictions on foreign investment and address difficulties facing foreign companies investing in the country, the commerce minister said, according to a report by the official Xinhua news agency on Saturday. Read the full story
Tariffs on Chinese goods should increase despite talks
The Hill
President Trump should keep taking a hard line against Beijing. Read the full story
China says will reduce foreign investment curbs, 2018 FDI rises 3 percent: commerce minister
SHANGHAI/BEIJING (Reuters) - China will reduce restrictions on foreign investment and address difficulties facing foreign companies investing in the country, the commerce minister...
Post-truth politics is alive and well in Brexit Britain
CNN
Next week, Brexit might actually get interesting. After two years of screaming into the wind, the UK's elected lawmakers finally get to do something useful. Read the full story
Brussels STUNS Remainers: EU leaders to CRUSH second referendum with SHOCK Brexit demand
Express
THE EU will heap pressure on Britain to decide Brexit once and for all before May when Europeans head to the ballot to vote for the European Parliament. The European Union looks set to stun Remainers who are hoping to delay Brexit and secure a second referendum by revealing a shock Brexit deadline. The EU ambassador to the US David O’Sullivan has revealed that the EU leadership want Brexit sorted once and for all before the end of May, when Europe votes for its MEPs. Remainers are hoping to Read the full story
Brexit: Minister prompts anger for warning of far-right surge in event of MPs blocking EU exit
The Independent
A cabinet minister has been accused of engaging in “gutter politics” after warning MPs that blocking Brexit could trigger a surge of far-right extremism. Read the full story
Brexit: Campaigners across UK call for Final Say vote as Lord Hattersley backs second referendum
The Independent
Hundreds of people gathered in Sheffield to call for a Final Say vote on the Brexit deal as veteran politician Roy Hattersley announced he was backing a second referendum. Read the full story
New Brexit referendum is most popular path if May’s deal is defeated, poll finds
The Independent
Government insiders are expecting Brussels to offer Ms May some extra help by Monday, which they hope will ease fears from wavering MPs over the Irish backstop. Read the full story
Brexit and the U.S. Shutdown: Two Governments in Paralysis
The New York Times
Rarely have British and American politics seemed as synchronized as they do in the chilly dawn of 2019, when pro-globalization elites battle the populists. Read the full story
The CBI for Monday 1/14/19 did update on the indicative rates Sell Rate 1190
The currency auction is 226,526,800
There are 2 news and announcements.
1 .Contractors' receivables
Contractors' Due Duties (Ministry of Construction, Housing, Municipalities and Works). January 14, 2019
Receivables contractors schedules (Ministry of Construction and Housing, Municipalities and Public Works, Karbala Holy Province, Muthanna Governorate, Ministry of Health and Environment, Basra Governorate and Ministry of Electricity)
2. Accumulation (duration of letters of guarantee)
»To / All Authorized Banks (Appendices: Letters of Guarantee) ... Click here to download. January 13, 2019As part of the contribution to support the Iraqi economy, the Central Bank announced its initiative one trillion dinars to finance small and medium-sized projects granted the Central Bank of Iraq banks participating in this initiative more than 33 billion dinars during the year 2018 to lend citizens wishing to establish new projects.
He wished to clarify that the bank that the total amounts given to banks since the start of the initiative to finance small and medium enterprises in the year 2015 to 31/12/2018 amounted to more than 73 billion dinars, these projects were distributed on different sectors were the proportion of the commercial sector 59% and services 25% and industrial 12 % And agricultural 4%.
The initiative includes 34 banks, 33 private banks and one government bank, while loans for these projects ranged from five million dinars to 50 million dinars and could reach 100 million dinars after approval by the Central Bank.
It is noteworthy that all Iraqis are entitled to apply to the initiative of financing the small and medium-sized projects through the website of the initiative provided that the legal age of the borrower, especially that the benefits of loans supported and facilitated procedures.
2019/1/1
Rafidain launches a new meal from his predecessor to the staff
{Baghdad: Al-Furat News} Al-Rafidain Bank launched a new meal of the advance of employees of the State Departments, which ranged between five and ten million dinars through the MasterCard card International.
The bank's information office said in a statement received by the agency {Euphrates News} a copy of it was disbursed a new batch of state employees' advances by about 676 employees whose salaries were settled at the bank and got the electronic card. The statement said that "the disbursement of this advance was by informing the employee by sending him a text message informing him of the grant of the advance, after he completed all the legal procedures to grant it and disbursement through electronic payment tools, which was filled the financial balance to it."
1-13-2019 Newshound Guru Kaperoni I'll say it again...there can never be an overnight RV or RI, there is just to much dinar in circulation. Our best hope is for the CBI to move off the peg to a float and allow the dinar to rise gradually. Such an event could allow for a gradual reduction of currency. The simple fact that over 40 trillion dinar is in circulation is all one needs to know to realize there NEVER can be a RV or RI...Simply put, there is just to much dinar in circulation for such an event. The good news is the IMF documented very clearly the intent to float the dinar and if investment comes into Iraq as expected it should create the Balassa-Samuelson effect allowing the dinar to rise gradually. I believe once the CBI begins the float, the dinar could rise significantly within 6-12 months.
1-13-2019 Newshound Guru MilitiaMan Article: "Iraqi Dinar revaluation postponed by Central Bank for 5 years says MP Noura al-Bajari by Amre Sarhan Oct 29, 2014," Good deal...WS [Guru Walkingstick] told us back years ago that the process on the second set of books takes time. I believe there is data to support that from the imf. Didn’t WS suggest that time of the four year process to be 01/01/2018? I think so. So if that is the case which, I believe to be supportive being his track record is very good. The One more year equates to? Any time now! Imo.
1-13-2019 Intel Guru Delta Article quote: "The revaluation of the Iraqi dinar is ready to be implemented by the country's Central Bank; however, the Parliamentary Economic and Investment Commission has decided to postpone the revaluation to 2019." THIS ARTICLE IS FROM 08/16/2017...2019 IT'S...
1-13-2019 Intel Guru RayRen98 Iraq TV is reporting to the citizens they are "not seeing an end in sight" regarding the differences in the chosen names for cabinet seats and that this is causing damage to their government. Iraqi TV is reporting "no time table" for the completion of the cabinet voting. [Really? Is this a smoke screen...Time Will Tell!]
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1-A (from PM Mahdi's website
Prime Minister Adel Abdul Mahdi: The policy of Iraq is based on establishing the best relations with all its neighbors
Prime Minister Adel Abdul Mahdi said during a meeting with Iranian Foreign Minister Mohammad Javad Zarif that Iraq's policy is based on establishing the best relations with all its neighbors and looking forward to a better future for bilateral relations with the Islamic Republic.
He expressed his satisfaction with the successful talks held by the President of the Republic in Tehran and hoped that the mutual visits between officials of the two countries will enhance bilateral relations.
The Iranian Foreign Minister conveyed the greetings of President Hassan Rowhani to the Prime Minister, stressing that the Islamic Republic stood by Iraq and its government, strengthened its political and democratic system and sought to expand relations between the two countries in all fields.
Media Office of the Prime Minister
13 January 2019
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ARTICLE 1-B (from PM Mahdi's website
Prime Minister Adel Abdul Mahdi receives Assistant Secretary General for Operations, NATO
The Prime Minister received Mr. Adel Abdul Mahdi, Assistant Secretary General for NATO Operations, Mr. John Minza and his accompanying delegation.
The Iraqi Prime Minister stressed that the Iraqi forces gained a high skill from the experience of the war against terrorism and the defeat of gangs, and became more able to protect the country and the extension of internal security, referring to the support provided by NATO countries to Iraq and stand with him to overcome the security challenges of security, calling for strengthening relations with the mission And NATO countries to enhance the potential of Iraqi forces in the areas of armament and training.
They discussed the nature of the forces and the participating countries and their numbers, and that they are of assistance to Iraq and balanced with local and regional conditions.
For his part, the Assistant Secretary-General of NATO that the tasks of NATO in Iraq focused on training Iraqi forces and the preparation of Iraqi trainers to meet the need of Iraq in this area, and we are ready to provide the requirements of Iraqi forces and strengthen partnership.
Media Office of the Prime Minister
13 January 2019
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ARTICLE 2 (from Government of Iraq twitter account):
PM @AdilAbdAlMahdi receives Foreign Minister of
the Islamic Republic of Iran @JZarif, discusses bilateral relations,
regional developments, says @IraqiGovt policy is to maintain close ties and
strong partnership with all countries in the
region.
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ARTICLE 3
The United Nations is looking to speed up budget approval to start reconstruction campaigns
2019/1/13 20:16
[Ayna - Baghdad]
Janet Henness, the UN Secretary-General's Representative in Iraq, discussed with Deputy Prime Minister for Economic Affairs, Finance Minister Fuad Hussein, the steps to complete the state budget and the need to speed up its approval in order to start the campaigns of reconstruction, construction and service delivery.
"The Deputy Prime Minister for Economic Affairs and the Minister of Finance received Fuad Hussein in Baghdad, Janet Haines, Representative of the Secretary-General of the United Nations in Iraq, where the minister praised the important role played by the United Nations to help Iraq In the process of democratic transformation and reconstruction and stability in various parts of the country. "
He added that "Fouad Hussein reviewed the efforts of the Iraqi government in supporting decentralization in the administration of the state, pointing to the importance of strengthening local authorities and give them the necessary role to manage their areas, adding that the strength of the central government is growing stronger local authorities through the distribution of powers and tasks and duties.
"The two sides discussed what the international organization can do in supporting and developing economic policies in Iraq in order to achieve economic growth, create jobs and fight corruption through the government program," he said.
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ARTICLE 4
Barham Saleh: It is necessary to adopt a serious dialogue to resolve the crises and problems between the political parties
BAGHDAD, Jan. 13 (Xinhuanet) - President Barham Salih stressed on Sunday the importance of peaceful coexistence among the Iraqi people to meet their aspirations and hopes for progress and stability.
He pointed out during his meeting at the Peace Palace in Baghdad on Sunday 13-1-2019, a delegation representing the Turkmen component, to the joint responsibility of all political parties in order to achieve the legitimate demands of this component and the need for active participation in state institutions and to enhance their contribution to the completion of the federal democratic Iraq.
President of the Republic stressed the unity of the national row, and the adoption of serious dialogue to resolve the crises and problems between the political parties, reflecting the true national spirit that characterizes the Iraqi people.
During the meeting, they reviewed the developments of the political scene and the security situation and the support of the government to implement its program agreed by the Iraqi blocs and forces.
For their part, the members of the delegation renewed support of the Turkmen component of national unity to achieve the desired goals of the Iraqis, stressing their keenness on the participation of Turkmen in the Iraqi national decision and their support for the government program and efforts to improve the country's political, economic and security. Finished
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ARTICLE 5
Disclosure of investment projects in the region
2019/1/14 0:03
[Ayna-Baghdad]
The Kurdistan Regional Government allocated for the year 2019 trillion and 600 billion dinars for investment projects, more than half of this amount to complete projects that stopped work, according to an official in the Ministry of Planning.
Rizkar Fattah, director general of the Ministry of Planning of the provincial government, said that of the total budget was allocated trillion dinars for new projects and trillion and 600 billion dinars for incomplete projects.
On the number of projects, Fattah explained that this amount will be disbursed in this year will be for three thousand projects in all governorates of the Kurdistan region, including Halabja province.
This comes at a time when thousands of projects in the Kurdistan region have been stopped over the past few years because of the financial crisis and cut the share of Kurds in the public budget by the federal government.
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ARTICLE 6
Abdul Mahdi al-Gharif: Iraq's policy is based on establishing the best relations with all its neighbors
BAGHDAD - January 14 - Iraq's policy is based on establishing the best relations with all its neighbors and looking forward to a better future for bilateral relations with Iran, Prime Minister Adel Abdul Mahdi said during a meeting with Iranian Foreign Minister Mohammad Javad Zarif.
He expressed his satisfaction with the successful talks held by the President of the Republic in Tehran and hoped that the mutual visits between officials of the two countries will enhance bilateral relations.
The Iranian Foreign Minister conveyed the greetings of President Hassan Rowhani to the Prime Minister, stressing that Iran stands by Iraq and its government, strengthening its political and democratic system and seeking to expand relations between the two countries in all fields. Finished
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 1-14-2019 around 4:30 am Eastern
PM @AdilAbdAlMahdi receives Foreign Minister of the Islamic Republic of Iran @JZarif, discusses bilateral relations, regional developments, says @IraqiGovt policy is to maintain close ties and strong partnership with all countries in the region.
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