WOTS Sunday 1/6/19:
Forex Rates:
Symbol | Bid | Ask | High | Low | Open | Change | Time |
---|---|---|---|---|---|---|---|
USD/IQD | | | 1,185.0000 | 1,185.0000 | 1,185.0000 | | 18:40 |
USD/VND | | | 23,194.0000 | 23,194.0000 | 23,194.0000 | | 15:00 |
USD/CNY | | | 6.8684 | 6.8684 | 6.8684 | | 13:00 |
USD/KWD | | | 0.3030 | 0.3030 | 0.3030 | | 12:55 |
GBP/USD | | | 1.2729 | 1.2729 | 1.2729 | | 17:09 |
USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
USD/IDR | | | 14,219.0000 | 14,219.0000 | 14,219.0000 | | 08:50 |
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DC NY Iraq Articles:dd
The resumption of parliamentary sessions Tuesday to discuss the budget
Release date: 2019/1/6 12:23 • 22 times read
(Baghdad: Al Furat News) The House of Representatives, next Tuesday, resume its work after a break for about two weeks on the occasion of the New Year and the Iraqi Army Day.
"The parliamentary blocs will return Monday to Baghdad to attend the session of the Council of Representatives scheduled on Tuesday," said a member of the Finance Committee parliamentary, Ahmad Haji Rashid, "The discussions on the financial budget for 2019 will start again."
He pointed out that "the allocation of 50 million dinars to Article 140 of the Constitution," pointing out that discussions on the budget will begin this week. "
Rashid said that "the Council of Ministers allocated 50 million dinars to Article 140 of the Constitution and not 50 billion dinars, as is common in some media, within the draft budget law, such as financial years, but not been used as in previous years," pointing out that "Mechanism of disbursement requires the formation of committees around him."
The member of the parliamentary finance "not aware of any agreement reached between Baghdad and Erbil on the share of the region of the federal budget."
He pointed out that "the allocation of 50 million dinars to Article 140 of the Constitution," pointing out that discussions on the budget will begin this week. "
Rashid said that "the Council of Ministers allocated 50 million dinars to Article 140 of the Constitution and not 50 billion dinars, as is common in some media, within the draft budget law, such as financial years, but not been used as in previous years," pointing out that "Mechanism of disbursement requires the formation of committees around him."
The member of the parliamentary finance "not aware of any agreement reached between Baghdad and Erbil on the share of the region of the federal budget."
Abdul Mahdi does not care about previous corruption: political analyst
Sunday، 06 January 2019 01:03 AM
Political analyst Ahmed al-Sharifi said that Iraqi Prime Minister Adil Abdul Mahdi announced after being given confidence by the parliament that he is only prepared to hold his government accountable for corruption, not the previous governments.
Sharifi said that this shows Abdul Mahdi does not care about the issue of corruption that was widespread in the previous governments and ravaged the country.
He added that this is a negative aspect of Abdul Mahdi, because there are many files of corruption from the previous governments that are very large and dangerous, having a great impact on the security and stability of Iraq.d
Mr. Ammar al-Hakim: The Iraqi army for all Iraqis without distinction
Editorial date: 2019/1/6 8:39 • 113 times read
[Baghdad: Al Furat News} The head of the Coalition for Reform and Reconstruction, Mr. Ammar al-Hakim congratulated the Iraqi army on its 98th founding day.
"As we live on the anniversary of the establishment of our brave Iraqi army, we can not but remember with pride and pride the heroic record of this army and its great sacrifices, officers and soldiers in defense of the homeland," the statement quoted his office as saying.
"We also emphasize on this dear occasion that our army for all Iraqis with all their religious, sectarian and national affiliation without discrimination."
Mr. Ammar al-Hakim, "Greetings of love and appreciation and appreciation to our captors in the Iraqi army hero and the rest of the brave in our security system, which was captured in the battles of honor and led to the fever of the homeland and defeated obscurantist gangs across Iraq."
"We also emphasize on this dear occasion that our army for all Iraqis with all their religious, sectarian and national affiliation without discrimination."
Mr. Ammar al-Hakim, "Greetings of love and appreciation and appreciation to our captors in the Iraqi army hero and the rest of the brave in our security system, which was captured in the battles of honor and led to the fever of the homeland and defeated obscurantist gangs across Iraq."
URGENT Barham Saleh visits Qatar over weekend
Editorial date: 2019/1/6 12:43 • 46 times read
(Baghdad: Al-Furat News) revealed a source familiar with, the President of the Republic, Barham Saleh, intends to visit the State of Qatar this weekend.
A source familiar with the {Euphrates News} that "Saleh will hold important meetings with the Emir of Qatar Tamim bin Hamad al-Thani and senior officials in the state."
He added that "the delegation to the visit will arrive in Doha tomorrow Monday."
It is noteworthy that this visit comes days after the visit of President Barham Salih and a high government delegation, last Thursday, Ankara and met with Turkish President Recep Tayyip Erdogan and senior Turkish officials.
During the joint meeting, they discussed a number of issues of common 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.
The two sides agreed that Iraq and Turkey should be economic links between Europe and the Gulf. The importance of the contribution of Turkish companies to investment projects throughout the country and their participation in the rehabilitation of liberated cities was emphasized.
The Foreign Ministry revealed that the Turkish president would visit Iraq soon without setting a date
He added that "the delegation to the visit will arrive in Doha tomorrow Monday."
It is noteworthy that this visit comes days after the visit of President Barham Salih and a high government delegation, last Thursday, Ankara and met with Turkish President Recep Tayyip Erdogan and senior Turkish officials.
During the joint meeting, they discussed a number of issues of common 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.
The two sides agreed that Iraq and Turkey should be economic links between Europe and the Gulf. The importance of the contribution of Turkish companies to investment projects throughout the country and their participation in the rehabilitation of liberated cities was emphasized.
The Foreign Ministry revealed that the Turkish president would visit Iraq soon without setting a date
A US official is likely to remain on the Iraqi-Syrian border
06-01-2019 12:49 AM
Baghdad:
A senior US official said the United States may keep part of its troops in Syria, especially at the al-Tanf base south of the country, but the administration of President Donald Trump has not taken any decision on the matter.
NBC quoted the unnamed official as saying that he accompanied US national security adviser John Bolton during his visit to Israel that the United States had no timetable for withdrawing its troops from Syria.
The official believes it is possible to eliminate the remnants of the organization 'urging' in Syria within weeks, adding that some of the troops to be withdrawn from Syria will be transferred to Iraq.
During his visit to Israel, Bolton plans to discuss the possibility of retaining some troops at the al-Tanf base in southern Syria as it plays an important role in curbing Iranian influence in the region.
The United States would like to hear the views of Israel and Jordan before making the final decision, including on the NATO base.
During his visit to Israel, John Bolton is scheduled to meet with Prime Minister Benjamin Netanyahu and Israeli intelligence chief to confirm that the Trump administration is still pursuing a consistent strategy to confront Iran.
About 200 soldiers are present at the al-Tanf base and the surrounding 55 km area near the southern border with Jordan and Iraq.
A senior US official said the United States may keep part of its troops in Syria, especially at the al-Tanf base south of the country, but the administration of President Donald Trump has not taken any decision on the matter.
NBC quoted the unnamed official as saying that he accompanied US national security adviser John Bolton during his visit to Israel that the United States had no timetable for withdrawing its troops from Syria.
The official believes it is possible to eliminate the remnants of the organization 'urging' in Syria within weeks, adding that some of the troops to be withdrawn from Syria will be transferred to Iraq.
During his visit to Israel, Bolton plans to discuss the possibility of retaining some troops at the al-Tanf base in southern Syria as it plays an important role in curbing Iranian influence in the region.
The United States would like to hear the views of Israel and Jordan before making the final decision, including on the NATO base.
During his visit to Israel, John Bolton is scheduled to meet with Prime Minister Benjamin Netanyahu and Israeli intelligence chief to confirm that the Trump administration is still pursuing a consistent strategy to confront Iran.
About 200 soldiers are present at the al-Tanf base and the surrounding 55 km area near the southern border with Jordan and Iraq.
Kauaihn Iraq Articles:dd
Abadi: The army must be removed from affiliations and loyalties and remains for Iraq only
Editorial date: 2019/1/6 8:57 • 143 times read
(Baghdad: Al-Furat News) congratulated the head of the coalition of victory, Haider Abadi, the Iraqi army of the ninety-eighth anniversary of its founding.
Abadi said in a statement on the occasion received the agency {Euphrates News} a copy of it, "I extend my warm congratulations and congratulations to the heroes of the Iraqi army on the occasion of his funeral and the 89th anniversary of the founding of the army, which is on us and our country and our people enjoy security and stability thanks to your tournaments with the rest of the sons of our armed forces of various types after they liberated Man and the land, and the most magnificent of the events of the championship and sacrifice. "
He added: "You have achieved the pride of all Iraqis what the world considered impossible and described what you have achieved by miracle, blessed to us and the sons of our people you are the sons of this people and sacrificed their blood for the present and future."
Al-Abbadi stressed that "your position, your heroics and your battles against the gangs, and the victory you have won, are taught in international universities after passing through harsh conditions, but you have stood in a historic position in defending your country, your holy places and your people, as we have entrusted you.
He added: "O heroes of the Iraqi army have sacrificed and fought and defended the Iraqis of all sects and components and must remain for all Iraqis under the banner of Iraq and must keep the army from affiliations and loyalties and remains loyal to Iraq only," again "Congratulations to you, the country code, And the wounded whose sacrifices made us victory and we kept our country. "
He added: "You have achieved the pride of all Iraqis what the world considered impossible and described what you have achieved by miracle, blessed to us and the sons of our people you are the sons of this people and sacrificed their blood for the present and future."
Al-Abbadi stressed that "your position, your heroics and your battles against the gangs, and the victory you have won, are taught in international universities after passing through harsh conditions, but you have stood in a historic position in defending your country, your holy places and your people, as we have entrusted you.
He added: "O heroes of the Iraqi army have sacrificed and fought and defended the Iraqis of all sects and components and must remain for all Iraqis under the banner of Iraq and must keep the army from affiliations and loyalties and remains loyal to Iraq only," again "Congratulations to you, the country code, And the wounded whose sacrifices made us victory and we kept our country. "
President of the Republic: Tearing up crises with Turkey is difficult and Saleh intends to restore the state
Date of release: 2019/1/6 0:36 • 512 times read
The spokesman for the President of the Republic, Luqman Al-Fili, described the crisis with neighboring Turkey as "difficult", while Barham Saleh's determination to restore health and relations to the state.
"Turkish President Recep Tayyip Erdogan promised to send a special envoy to Iraq to resolve the issue of water soon," Luqman told Al-Furat News. "The visit of President Barham Saleh to Turkey was not free from discussing the issue of water and the withdrawal of Turkish troops from Iraqi territory."
He pointed out that "there is some right to water and there may be other files did not take the importance required due to exhaustion and political mobility or the presence of foreign forces, but Jora and Iraqi national security and economic interests aspects we can talk with the Turkish side, especially in the water."
"The need for Iraq to re-manage the water issue and there is a Turkish decision to cooperate positively on this subject," Luqman said, noting that "zeroing the crises with a country with which we have thorny relations and old related to their presence will be difficult."
He added that "the dialogue between Saleh and Erdogan included many topics, including the fight against the terrorist and the presence of Turkish in the Iraqi territory, but the same strength was discussed the Turkish concerns and how to deal with them and maintain Iraqi sovereignty and they need internal and external dialogues.
Lukman added to the existence of indicators and positive commitments from Turkey to give sovereign loans for reconstruction in Iraq, Turkey is appreciative of the importance of stability and support for Iraq is understanding, "revealing" other close visits in favor of restoring health and relations to the state. "
The President of the Republic Barham Salih arrived last Thursday in Turkey on a senior official visit during which he will meet with senior Turkish officials to discuss ways to improve bilateral relations in various fields.
He pointed out that "there is some right to water and there may be other files did not take the importance required due to exhaustion and political mobility or the presence of foreign forces, but Jora and Iraqi national security and economic interests aspects we can talk with the Turkish side, especially in the water."
"The need for Iraq to re-manage the water issue and there is a Turkish decision to cooperate positively on this subject," Luqman said, noting that "zeroing the crises with a country with which we have thorny relations and old related to their presence will be difficult."
He added that "the dialogue between Saleh and Erdogan included many topics, including the fight against the terrorist and the presence of Turkish in the Iraqi territory, but the same strength was discussed the Turkish concerns and how to deal with them and maintain Iraqi sovereignty and they need internal and external dialogues.
Lukman added to the existence of indicators and positive commitments from Turkey to give sovereign loans for reconstruction in Iraq, Turkey is appreciative of the importance of stability and support for Iraq is understanding, "revealing" other close visits in favor of restoring health and relations to the state. "
The President of the Republic Barham Salih arrived last Thursday in Turkey on a senior official visit during which he will meet with senior Turkish officials to discuss ways to improve bilateral relations in various fields.
The United Nations renews its support for the reconstruction of Iraq
06/01/2019
BAGHDAD, Jan. 5 (Petra) - UN Special Representative for Iraq Janine Blachhardt confirmed the United Nations support for the Iraqi government in its plans and programs aimed at achieving stability and reconstruction.
During a meeting with Iraqi Prime Minister Adel Abdul-Mahdi on Saturday, she said: "We are pleased with the stability in Iraq and the role of the government in facilitating the organization's mission to maintain stability, reconstruction, reconciliation and development of services.
Abdul Mahdi appreciated the humanitarian role played by the mission in Iraq and its support for the government's efforts to establish peaceful coexistence among Iraqis, to extend security and stability throughout Iraq's provinces and to return displaced persons to their homes.
During a meeting with Iraqi Prime Minister Adel Abdul-Mahdi on Saturday, she said: "We are pleased with the stability in Iraq and the role of the government in facilitating the organization's mission to maintain stability, reconstruction, reconciliation and development of services.
Abdul Mahdi appreciated the humanitarian role played by the mission in Iraq and its support for the government's efforts to establish peaceful coexistence among Iraqis, to extend security and stability throughout Iraq's provinces and to return displaced persons to their homes.
The International Alliance has deployed new reinforcements to the diamond areas on the banks of the eastern Euphrates; the Da'ash organization is facing a continuing decline in the battles against Syria's democratic forces, under heavy artillery bombardment of coalition artillery and aircraft. It was reported that the forces of democracy have made more penetrations within the area of Al-Shafa, and succeeded in controlling about half of the area of the town. Thus, since the beginning of the attack, the Syrian Democratic Forces have taken control of the hybrid, Abu al-Hasan, al-Bukhaatar, al-Babuz Tahtani, about half of the town of Shaafa, and other locations along the rest of the enclave located on the eastern bank of the Euphrates River. The Syrian Observatory for Human Rights said that the aircraft of the International Alliance continued to fly over the eastern sector of the village of Deir al-Zour, in conjunction with the implementation of air strikes on places in the reef and other places left under the control of the organization, within the latter pocket.
According to the observatory, Nasra forces took control of areas under the control of Nur al-Din al-Zanki in northern Syria after four days of fighting, killing more than 100 fighters. The victory took over more than 20 towns and villages under the control of other factions, according to the Observatory. On Friday, the observatory announced in a statement that the Sham Liberation Organization was able to "impose its control over the control areas of the movement of Nur al-Din Zanki in the western sector of the countryside of Aleppo."
The areas are located in Idlib, the last stronghold of opposition and jihadist militants, and in the neighboring provinces of Hama and Aleppo in northeastern Syria. The battles, which were initially restricted to the opposition factions in the province of Aleppo, expanded to the governorates of Hama and Idlib, according to the Observatory.
On the other hand, Russian fighters entered the line of engagement between the opposition fighters and the Syrian government forces, which suffer heavy losses. A source in the armed factions, said that «Russian warplanes launched dozens of raids on the countryside of Western Aleppo, on Friday evening; the shelling lasted around the city of Dara Azza, and the large cities of Urm, and the town of Khan al-Asal, which was hit by rocket-fired space, and shelling a number of villages in rural Western Aleppo, controlled by the opposition factions ». The source told Deutsche Presse-Agentur dpa that "the bombing of Russian fighter jets by opposition fighters came after the killing of more than 10 elements and the injury of more than 20 other members of the government forces."
A source close to the Syrian government forces told the German news agency that "the warplanes targeted the positions of Nasra Front in Khan al-Asal and Greater Urum, after targeting the Al-Rashidin area, the new and Hamedani districts of Aleppo, and the local market area on the outskirts of the Nile Street in Aleppo, Which controls the outskirts of Al-Zahraa neighborhood west of Aleppo. (Agencies) - See more at:http://translate. googleusercontent.com/ translate_c?depth=2&hl=en& rurl=translate.google.com&sl= ar&sp=nmt4&tl=en&u=http://www. alkhaleej.ae/alkhaleej/page/ 0229efad-ea39-4717-8b07- c2e06eb047ab&xid=17259, 15700023,15700124,15700186, 15700191,15700201,15700237, 15700242,15700248&usg= ALkJrhgFJi_xAvvw9fdYPybZ_ 3YETqMvCA#sthash.fDggp2dh.dpuf
According to the observatory, Nasra forces took control of areas under the control of Nur al-Din al-Zanki in northern Syria after four days of fighting, killing more than 100 fighters. The victory took over more than 20 towns and villages under the control of other factions, according to the Observatory. On Friday, the observatory announced in a statement that the Sham Liberation Organization was able to "impose its control over the control areas of the movement of Nur al-Din Zanki in the western sector of the countryside of Aleppo."
On the other hand, Russian fighters entered the line of engagement between the opposition fighters and the Syrian government forces, which suffer heavy losses. A source in the armed factions, said that «Russian warplanes launched dozens of raids on the countryside of Western Aleppo, on Friday evening; the shelling lasted around the city of Dara Azza, and the large cities of Urm, and the town of Khan al-Asal, which was hit by rocket-fired space, and shelling a number of villages in rural Western Aleppo, controlled by the opposition factions ». The source told Deutsche Presse-Agentur dpa that "the bombing of Russian fighter jets by opposition fighters came after the killing of more than 10 elements and the injury of more than 20 other members of the government forces."
A source close to the Syrian government forces told the German news agency that "the warplanes targeted the positions of Nasra Front in Khan al-Asal and Greater Urum, after targeting the Al-Rashidin area, the new and Hamedani districts of Aleppo, and the local market area on the outskirts of the Nile Street in Aleppo, Which controls the outskirts of Al-Zahraa neighborhood west of Aleppo. (Agencies) - See more at:http://translate.
A US official is likely to remain on the Iraqi-Syrian border
06-01-2019 12:49 AM
Baghdad:
A senior US official said the United States may keep part of its troops in Syria, especially at the al-Tanf base south of the country, but the administration of President Donald Trump has not taken any decision on the matter.
NBC quoted the unnamed official as saying that he accompanied US national security adviser John Bolton during his visit to Israel that the United States had no timetable for withdrawing its troops from Syria.
The official believes it is possible to eliminate the remnants of the organization 'urging' in Syria within weeks, adding that some of the troops to be withdrawn from Syria will be transferred to Iraq.
During his visit to Israel, Bolton plans to discuss the possibility of retaining some troops at the al-Tanf base in southern Syria as it plays an important role in curbing Iranian influence in the region.
The United States would like to hear the views of Israel and Jordan before making the final decision, including on the NATO base.
During his visit to Israel, John Bolton is scheduled to meet with Prime Minister Benjamin Netanyahu and Israeli intelligence chief to confirm that the Trump administration is still pursuing a consistent strategy to confront Iran.
About 200 soldiers are present at the al-Tanf base and the surrounding 55 km area near the southern border with Jordan and Iraq.dd
A senior US official said the United States may keep part of its troops in Syria, especially at the al-Tanf base south of the country, but the administration of President Donald Trump has not taken any decision on the matter.
NBC quoted the unnamed official as saying that he accompanied US national security adviser John Bolton during his visit to Israel that the United States had no timetable for withdrawing its troops from Syria.
The official believes it is possible to eliminate the remnants of the organization 'urging' in Syria within weeks, adding that some of the troops to be withdrawn from Syria will be transferred to Iraq.
During his visit to Israel, Bolton plans to discuss the possibility of retaining some troops at the al-Tanf base in southern Syria as it plays an important role in curbing Iranian influence in the region.
The United States would like to hear the views of Israel and Jordan before making the final decision, including on the NATO base.
During his visit to Israel, John Bolton is scheduled to meet with Prime Minister Benjamin Netanyahu and Israeli intelligence chief to confirm that the Trump administration is still pursuing a consistent strategy to confront Iran.
About 200 soldiers are present at the al-Tanf base and the surrounding 55 km area near the southern border with Jordan and Iraq.dd
President of the Republic: Tearing up crises with Turkey is difficult and Saleh intends to restore the state
Editorial Date: 2019/1/6 0:36 • 101 times read
The spokesman for the President of the Republic, Luqman Al-Fili, described the crisis with neighboring Turkey as "difficult", while Barham Saleh's determination to restore health and relations to the state.
"Turkish President Recep Tayyip Erdogan promised to send a special envoy to Iraq to resolve the issue of water soon," Luqman told Al-Furat News. "The visit of President Barham Saleh to Turkey was not free from discussing the issue of water and the withdrawal of Turkish troops from Iraqi territory."
He pointed out that "there is some right to water and there may be other files did not take the importance required due to exhaustion and political mobility or the presence of foreign forces, but Jora and Iraqi national security and economic interests aspects we can talk with the Turkish side, especially in the water."
"The need for Iraq to re-manage the water issue and there is a Turkish decision to cooperate positively on this subject," Luqman said, noting that "zeroing the crises with a country with which we have thorny relations and old related to their presence will be difficult."
He added that "the dialogue between Saleh and Erdogan included many topics, including the fight against the terrorist and the presence of Turkish in the Iraqi territory, but the same strength was discussed the Turkish concerns and how to deal with them and maintain Iraqi sovereignty and they need internal and external dialogues.
Lukman added to the existence of indicators and positive commitments from Turkey to give sovereign loans for reconstruction in Iraq, Turkey is appreciative of the importance of stability and support for Iraq is understanding, "revealing" other close visits in favor of restoring health and relations to the state. "
The President of the Republic Barham Salih arrived last Thursday in Turkey on a senior official visit during which he will meet with senior Turkish officials to discuss ways to improve bilateral relations in various fields.
He pointed out that "there is some right to water and there may be other files did not take the importance required due to exhaustion and political mobility or the presence of foreign forces, but Jora and Iraqi national security and economic interests aspects we can talk with the Turkish side, especially in the water."
"The need for Iraq to re-manage the water issue and there is a Turkish decision to cooperate positively on this subject," Luqman said, noting that "zeroing the crises with a country with which we have thorny relations and old related to their presence will be difficult."
He added that "the dialogue between Saleh and Erdogan included many topics, including the fight against the terrorist and the presence of Turkish in the Iraqi territory, but the same strength was discussed the Turkish concerns and how to deal with them and maintain Iraqi sovereignty and they need internal and external dialogues.
Lukman added to the existence of indicators and positive commitments from Turkey to give sovereign loans for reconstruction in Iraq, Turkey is appreciative of the importance of stability and support for Iraq is understanding, "revealing" other close visits in favor of restoring health and relations to the state. "
The President of the Republic Barham Salih arrived last Thursday in Turkey on a senior official visit during which he will meet with senior Turkish officials to discuss ways to improve bilateral relations in various fields.
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Bitcoinist.net
Loonie, one of the big losers of 2018, remains 'expensive': experts
CBC News
GLOBAL/NEWS/INFO
Today in History
ABC News
Today in History Read the full story
PRECIOUS-Gold eases off multi-month peak but heads for 3rd weekly gain
Reuters
(Adds fresh comments and details, updates prices) Read the full story
Gold Hits $1,300, but Closes Down; Awaits Direction as Powell Turns 'Patient'
Investing.com
Commodities Jan 04, 2019 19:38 GMT Investing.com - Gold hit its much-awaited $1,300 target Friday, triggering an equally anticipated profit-taking raid that allows the market a breather after a three-week buildup. COMEX gold futures settled down $9, or 0.7%, at $1,285.80 after scaling a 7-month high of $1,300.35. It was the first lower settlement for gold since the start of the new year. Still, the yellow metal ended the week in positive territory, helped by gains in the past three sessions. Read the full story
The last time oil did this, it surged 80 percent
CNBC
Crude oil has plummeted since its October highs. The last time it saw these lows, it rallied 80 percent, says one chart watcher. Read the full story
Oil Extends Gains as China Primes Growth Pump, OPEC Production Cuts Ripple
TheStreet
Global oil prices jumped to a two-week high Friday as investors reacted to plans from the People's Bank of China to stimulate growth in the world's biggest energy market and data suggesting U.S. crude stockpiles are starting to decline. Global oil prices jumped to a two-week high Friday as investors reacted to plans from the People's Bank of China to stimulate growth in the world's biggest energy market and data suggesting U.S. crude stockpiles are starting to decline. U.S. crude prices have Read the full story
Oil Prices Edge Up After China Confirms Talks with U.S.
Investing.com
Commodities Jan 04, 2019 06:25 GMT Investing.com - Oil prices edged up on Friday in Asia after China confirmed it would hold talks with Washington next week to solve trade disputes between the two countries. U.S. West Texas Intermediate Crude Oil WTI Futures gained 0.7% to $47.48 by 1:27 AM ET (06:27 GMT). International Brent Oil Futures were up 0.7% at $56.38 a barrel. The gain in oil prices came after China’s Commerce Ministry confirmed in a statement that the U.S. and China would begin Read the full story
Gold falls for the day, edges up for the week; palladium settles at a record
MarketWatch
MarketWatch
Gold declined Friday as stronger-than-expected data on U.S. jobs contributed to a rally in the U.S. stock market, but it still managed to edge slightly higher for the week. February gold fell $9, or 0.7%, to settle at $1,285.80 an ounce. For the week, prices rose about 0.2%, according to FactSet data. Palladium futures, meanwhile, settled at a record, with prices up more than 4% for the week. Growing demand for the metal for use in pollution-controlling catalytic converters in gasoline-powered Read the full story
METALS-Copper rebounds as China moves to support economy
Reuters
(Updates throughout, changes dateline from SINGAPORE) Read the full story
BANKS/BANKING/CREDIT
Goldman Sachs boosts rates on Marcus accounts as banks fight for deposits
CNBC
Banks are jockeying for deposits because they're a cheap form of capital to make loans. But after three years of Fed rate increases, competition has grown fierce. Read the full story
Brazilian cenbank may get power to grant licenses for foreign banks -newspaper
Reuters
Brazil's President JairBolsonaro is likely to transfer to the central bank the power toapprove the entrance of new foreign lenders into the country,bank head Ilan Goldfajn told newspaper Valor Economico. Read the full story
Audits reveal Deutsche Bank's links to tax trade scandal
Reuters
There are "lots of indications" that some managers discussed "the reputational risks" of Deutsche Bank's involvement in a share-trading scheme that is the subject of Germany's biggest post-war fraud investigation, according to a conclusion in one of five internal audits seen by Reuters. Read the full story
Week’s Best: Merrill Won’t Follow Wells Fargo
Barron's
A roundup of wealth management news from Barron’s Advisor. Read the full story
TREASURIES/BONDS/STOCKS
Treasury yields surge after stronger-than-expected December jobs report
MarketWatch
Treasury yields jumped after December's employment report showed the U.S. economy added 312,00 jobs. The 10-year Treasury note yield rose 8.3 basis points to 2.636%. The 2-year note yield added 8 basis points to 2.469%, while the 30-year bond yield ticked higher by 4.8 basis points to 2.948%. Bond prices move in the opposite direction of yields. Economists polled by MarketWatch had forecast the U.S. to add 182,000 jobs in December. The unemployment rate increased to 3.9% from 3.7%. The Federal Read the full story
This Expert Called the Market Plunge. Here’s What He Sees in 2019.
The New York Times
Market watchers are divided on whether the current slump will be prolonged or a blip, and history doesn’t offer a clear answer. Expect turbulence. Read the full story
Bond market volatility returns as 10-year Treasury yield makes largest two-day swing since May
MarketWatch
Bond market volatility made a comeback after remaining muted for most of last year. The 10-year Treasury note yield has moved around 22 basis points in the span of two days, according to Dow Jones Market Data. The benchmark maturity fell 10 basis points on Thursday, and is up more than 11 points on Friday. This would mark the largest two-day swing since May 30, when the benchmark maturity moved 23 basis points after geopolitical jitters in Italy and Spain appeared to threaten the euro. Treasurys Read the full story
Stock market on the verge of panic-like buying as Dow surges nearly 700 points
MarketWatch
A more than 600-point gain in the Dow Jones Industrial Average and surge in the Nasdaq Composite Index late-morning Friday has put the equity market on the brink of seeing panic-like buying take hold. The moves come on the back of dovish comments from Federal Reserve Chairman Jerome Powell during a panel discussion with his predecessors in Atlanta. The Arms Index, a volume-weighted measure of breadth, tends to decline below 1.000 on broader-market rallies, as volume in advancing shares tends to Read the full story
CRYPTO'S / DIGITAL CURRENCY
Crypto lending has taken off despite the extended bear market of 2018, as these businesses took advantage by catering to both sides of the trade. Crypto Lenders Playing Both Sides of the Field During the extended bear market of 2018, as layoffs soared, and fortunes hemorrhaged, lenders were rubbing their hands in glee. It seems everyone was borrowing; bulls to avoid selling coins at post-crash values, and bears, so they could short them. Most crypto-lending companies formed during the bull-run Read the full story
Tron [TRX/USD] Technical Analysis: Justin Sun's cryptocurrency rides the bull/bear roller-coaster
AMB Crypto
The roller-coaster cryptocurrency market has made its presence felt in 2019 with many cryptocurrencies seeing sporadic bullish and bearish trends across the board. This list of cryptocurrencies includes popular coins Bitcoin [BTC], Ethereum [ETH] and Tron [TRX]. Another common signal shown by a majority of the cryptocurrencies is the sideways price movement. 1-hour Tron's one-day... Read the full story
Bitcoin [BTC] Technical Analysis: Bitcoin rides the bull while the bear prepares for an attack
AMB Crypto
The cryptocurrency market has welcomed the new year with new normalcy in market momentum. Most of the major cryptocurrencies are seen to be moving sideways apart from a few major changes in the standing of coins. As Ethereum flourishes, the largest cryptocurrency, Bitcoin [BTC] has been facing a gradual fall. At the time of press,... Read the full story
Data Shows Bitcoin Could Be On The Verge Of A Bull Run
Forbes
Bitcoin and cryptocurrency investors who have weathered the so-called crypto winter have been somewhat cheered by a positive start to 2019... Read the full story
Ethereum [ETH/USD] Technical Analysis: Coin enjoys the bull ride ahead of Constantinople hard fork
AMB Crypto
AMB Crypto
1 take place on block #7080000 around January 16, 2019, and recently gained the support from Binance, one of the top cryptocurrency exchange platforms in the world. According to CoinMarketCap, at press time, Ethereum was trading at $155.31, with a market cap of $16.81 billion. The cryptocurrency records a trade volume of $2.89 billion and... Read the full story
CURRENCIES
Dollar cycle may be about to turn, supporting oil prices: Kemp
Reuters
(John Kemp is a Reuters market analyst. The views expressed are his own) Read the full story
USD/CAD Forecast: After CAD Climbed With Crude, The BOC Is Eyed
Benzinga
The loonie suffered from stocks but recovered with oil prices The BOC decision is the main event in the first full week of 2019. The technical picture is still bullish for the pair but experts are bearish on all timeframes. This was the week: Oil jitters and stuttering stocks Oil prices made a more meaningful recovery, bouncing on reports that Saudi Arabia and other countries cut their exports to the US. However, this may be a demand rather than supply story, which does not bode well for the Read the full story
The loonie was the one of the worst performing major currencies in the world in the last quarter, but some analysts say it needs to weaken further to boost the economy. Read the full story
Forex - Euro Stable Despite Disappointing Inflation Data
Investing.com
Forex Jan 04, 2019 10:40 GMT Investing.com - The euro was slightly higher on Friday, despite lower than expected inflation data. Eurozone consumer prices rose at a slower-than-expected pace in December, increasing expectations that the European Central Bank will keep interest rates unchanged. The numbers came just after ECB policymaker Benoit Coeure said that interest rates in the EU are likely to remain at low levels until the target 2% is reached. "The interest rates we set for the euro zone Read the full story
Yen's surge is a red flag for world markets
Reuters
China's money rates drop; more targeted easing on the way
Reuters
China's primary money rates fellsharply in the first week of 2019 as a year-end surge in cashdemand abated and the central bank broadened the scope oftargeted reserve requirement cuts. Those factors helped to outweigh the biggest net drain ofliquidity by the People's Bank of China (PBOC) through itsregular open market operations since October, as 430 billionyuan worth of reverse bond repurchase agreements issued beforethe new year matured. The PBOC issued 110 billion in reverse repos this week, Read the full story
'Flash crash' hits the currency markets as financial volatility intensifies
CNBC
The Japanese yen hit its highest level since March against the U.S. dollar on Wednesday evening after what some traders are calling a "flash crash." Read the full story
5 Currency ETFs to Consider At the Start of 2019
InvestorPlace
There are plenty of opportunities in the New Year with currency ETFs. Here are five ETFs investors should consider for significant gains. Read the full story
INSURANCE / HEALTH / SCIENCE
Why exercise won't help you lose weight
CNN
After eating all those extra calories this holiday season, hitting the gym might not be the best way to pursue your weight loss goal. CNN's Dr. Sanjay Gupta explains. Read the full story
Scientists find high number of genetic mutations in newborns, but tests yield more questions than answers
NBC News
“It’s not what we need to be doing right now. It’s not what parents want," said one outside researcher. Read the full story
Celgene boosted the price of its top cancer drug on the same day of mega-deal
Bloomberg
On the same day Celgene Corp. was announcing that it would be acquired by Bristol-Myers Squibb Co. in the biggest pharma deal ever, the company was also raising the price of its blockbuster cancer drug. Read the full story
Unlock Your Brain's True Potential With These Online Neuroscience Courses
Futurism
Is your New Year's resolution in full swing yet? Despite the sincere desire to improve, most people's resolutions often fail within a few months. And the reason so many of us can't keep these annual self-improvement promises is because we fail to recognize the larger issue. In order to break the bad habits that prevent... Read the full story
Six Feet, 48 Hours, 10 Days: How to Avoid Flu
The Wall Street Journal
As you try to avoid catching this year’s flu virus, here are a few numbers to keep in mind. Read the full story
Sugar Substitutes May Not Deliver Health Benefits
Consumer Reports
Switching to nonsugar sweeteners doesn't do much for health and may have risks, according to a major new study Read the full story
How the government shutdown affects health programs
Los Angeles Times
There seems to be no end in sight for the current partial government shutdown, the third since the beginning of the Trump administration. Read the full story
USA / CANADA
US economy added 312,000 jobs in December, blowing past expectations
Fox Business
Fox Business
The Department of Labor released its payroll data early Friday morning, its final one for 2018. Read the full story
The US economy has been exposed for what it is — a complete facade
Business Insider
The Wizard of Oz unveiled. The stock market has been on a wild ride as the Fed has begun to unwind its balance sheet. The US economy entering a recession next year is likely, and if that's the case this bear market in stocks is only 50% done, at best. The Fed is over-reached. There is no doubt in my mind that what happened last Friday, as in the Dow moving above and below the zero-line no fewer than 19 times, was emblematic of this roller-coaster ride for the year as a whole. A surge in January Read the full story
Are US consumers taking on too much debt?
Fox News
PwC Partner Mitch Roschelle on the state of U.S. consumer and corporate debt and their potential impact on the economy. Read the full story
IRS hit by shutdown, creating taxpayer headaches
CNN Business
Americans may find themselves missing an agency they usually love to hate if the government shutdown persists: the Internal Revenue Service. Read the full story
Trump considers declaring national emergency to fund border wall
MSNBC
President Trump says he is considering declaring a national emergency as a potential attempt to circumvent Congress for border wall funding. Read more Read the full story
Pompeo plans Middle East tour amid confusion over Trump policy
POLITICO
The secretary of state will visit several Arab countries in the wake of Trump's murky plans for Syria. Read the full story
The stock market is not the economy. The labor market is.
Yahoo Finance
The December jobs report was a stellar reading on the U.S. labor market, a sign that the stock market's fears about a recession appear, for now, to be clearly overdone. Read the full story
U.S. payrolls rise 312,000, wages top estimates in jobs blowout
Bloomberg
U.S. employers added the most workers in 10 months as wage gains accelerated and labor-force participation jumped, reflecting a robust job market that nevertheless faces mounting risks in 2019. Read the full story
Economists ask ‘what recession?’ after ‘blowout’ jobs report
MarketWatch
Economists called December’s jobs report a “blowout” as payrolls rose 312,000 for the month and asked “what recession?” after the better-than-expected number. Read the full story
Deal to end shutdown still out of reach as lawmakers meet with Trump
POLITICO
Trump's meeting with Democrats failed to produce a solution to reopening the government. Read the full story
EMERGING MARKETS
Latam currencies rise; Brazil stocks hit all-time high
Reuters
Brazil wants to move its Israel embassy, but no date yet: presidential aide
Reuters
There is still no date set for when Brazil will move its embassy in Israel from Tel Aviv to Jerusalem, but there is a clear intention to do so, the national security adviser to newly inaugurated President Jair Bolsonaro said on Thursday. Read the full story
Why emerging market bulls need to rein in their optimism
South China Morning Post
Nicholas Spiro says investors are bearish about the US but increasingly bullish on emerging markets. But, while the worst seems to be over, emerging market stocks may only seem safer because Wall Street had a dreadful December Read the full story
Wall St Week Ahead-Fund managers hoping for stock rally look to emerging markets
Reuters
After emerging market stocks ledglobal equity markets lower in a brutal 2018, some U.S.-basedfund managers are betting that the asset class may have thelargest rebound in the new year. Read the full story
MIDDLE EAST
Qatar not only survived the GCC blockade, but also thrived
TRT World
Qatar not only survived the GCC blockade, but also thrived Read the full story
An Israeli factory to be established in Gaza, is this possible?
Al-Monitor
Israel’s SodaStream announced it will open a manufacturing plant in the Gaza Strip, raising eyebrows since the company was forced to close a factory it previously operated in the West Bank under pressure from the boycott, divestment and sanctions (BDS) movement. Read the full story
Saudi Arabia says it will seek the death penalty for 5 suspects involved in Jamal Khashoggi's killing
Business Insider
Saudi Arabian journalist Jamal Khashoggi. Saudi Arabia announced it will seek the death penalty against five suspects in the slaying of Washington Post columnist Jamal Khashoggi. Prosecutors announced that 11 suspects attended their first court hearing, but a statement did not name those in court. The suspects requested copies of the indictments they faced, as well as more time to prepare for their case, prosecutors said. The killing of Khashoggi, who wrote columns critical of Crown Prince Read the full story
'Not sufficient': UN on Saudi trial into Jamal Khashoggi killing
Aljazeera
The United Nations' human rights office has said it could not assess the fairness of a trial taking place in Saudi Arabia into the killing of journalist Jamal Khashoggi, adding that it was "not sufficient". Spokeswoman Ravina Shamdasani, asked on Friday about reports that a Saudi prosecutor had sought death sentence for five suspects linked to the October 2 killing, reiterated the UN office's call for an independent investigation "with international involvement". The UN rights office always Read the full story
Trump's Withdrawal of U.S. Troops From Syria Will Boost Iran's Fortunes
TIME
If maintaining pressure on Iran was his aim, President Trump has just shot himself in the foot, writes analyst Lina Khatib Read the full story
Iraq says committed to OPEC+ oil output reduction
Reuters
Iraq said on Friday it was committed to the OPEC+ output-cutting deal and would keep its oil production at 4.513 million barrels per day for the first half of 2019. Read the full story
Jordan trade unions to place Israel flag at 'all office floors'
Aljazeera
Jordan's Professional Unions Association will place the Israeli flag on the ground at every entrance of its offices, Israeli newspaper Haaretz has reported. The decision, Haaretz said, came in response to a complaint Israel submitted to Jordan's foreign ministry last week when Jordan's Information Minister Jumana Ghunaimat was pictured stepping on the Israeli flag at the engineers' union building in capital, Amman. Israel described the photo as an "act of disrespect" and summoned the Jordanian Read the full story
Netanyahu slams 'brutal pressure' to indict him during election period
CNN
Israeli Prime Minister Benjamin Netanyahu has accused the Israeli media, and what he characterized as "left-wing demonstrators," of applying "brutal and inhuman pressure" on Attorney General Avichai Mandelblit to issue an indictment against him "at any price." Read the full story
AFRICA
Africa: Actions Show Africa Is Put At an Important Place in China's Diplomacy - Chinese State Councilor
AllAfrica
Wang said strengthening the cooperation with Africa and developing countries is always a top priority for China's diplomacy. Wang made the remarks while speaking to reporters, following his meeting with Ethiopian Foreign Minister Workneh Gebeyehu on Thursday in Ethiopia's capital Addis Ababa. Chinese foreign minister has chosen Africa for the first overseas visit each year for 29 years consecutively, Wang said, stressing that the action has become a fine tradition in China's diplomacy. Read the full story
Zimbabwe: Statement On City of Harare Plans to Implement Water Rationing
AllAfrica
AllAfrica
City of Harare is planning to launch water rationing in the coming week as a response to the current water crisis in Harare. Currently City of Harare is producing 272 megalitres per day against an estimated daily demand of 800 megalitres. Of the 272 megalitres currently produced more than 52% is lost through leakages and other loses. This means an estimated 4,5 million residents in Greater Harare are accessing on average 135 megalitres per day. City of Harare is planning to further reduce daily Read the full story
Zimbabwe: UPDATED: Doctors' Strike: Govt Invites Applications
AllAfrica
(Photo: The Herald) Government has started inviting applications from candidates who have completed five years in Medical School and are ready for internship, as well as foreign-trained doctors meeting local requirements, for placement at public health institutions. This comes as junior doctors, who went on strike on December 1 last year, have so far refused to return to work despite Government meeting most of their demands. Of the junior doctors' 10 demands, the Government has met eight and Read the full story
Zimbabwe: Top Brewer Delta Abandons Proposed U.S.$ Pricing Under Govt Pressure
AllAfrica
(Photo: Delta Corporation) Zimbabwe's leading beer and soft drinks manufacturer Delta Corporation Limited was Thursday forced to abandon its plans to start charging its products in US dollars following immense pressure by government. The company announced the development in a joint statement with central bank governor John Mangudya Thursday. "Delta withdraws the notice of selling its products exclusively in foreign currency in the spirit of multicurrency framework," read the short statement. The Read the full story
Zimbabwean doctors stop emergency work in escalating pay strike
The Telegraph
Doctors in Zimbabwe are refusing to see emergency patients and mortuaries are filling up as talks collapsed on Friday and the doctors' strike entered its second month. Read the full story
Zimbabwe white farmers: $9bn compensation falls short
Aljazeera
In Zimbabwe, white farmers who lost everything in a government policy to redistribute land to black people say compensation plans fall far short of what's needed. They're sceptical about ever seeing any money from the cash-strapped government. Al Jazeera's As Haru Mutasa reports from Chegutu. Read the full story
Swaziland: Report - Patients Die As Swaziland Government Hospital Runs Out of Cash
AllAfrica
More evidence that public health facilities in Swaziland/eSwatini are grinding to a halt emerged over the holiday period with news that the Intensive Care Unit (ICU) at the Mbabane Government Hospital is close to shut-down because equipment is not being maintained. People are dying because of this, it was reported. The Government is broke and public services across the kingdom ruled by King Mswati III, sub-Saharan Africa's last absolute monarch, have been run into the ground. On New Year's Eve Read the full story
Nigeria: Fixing Weak Links in Vaccine Supply Chain
AllAfrica
It's immunisation morning in 2016, and teams of vaccinators are fanning out across Delta state. Each local government area is assigned a six-member command centre that includes a local immunisation officer, a coordinator of primary health care, a health educator, a disease surveillance officer and a malaria focal person. They are the honchos--to ensure all commodities and materials needed for vaccination have been picked up and stored for use on the said morning. Officials meet early and pick up Read the full story
ASIA
Markets in Asia and Europe Rebound After Wall Street Sell-Off
The New York Times
Global investors highlighted the positive after a week of bad news, pointing out “silver linings” to the market rout. Read the full story
China prepares for testing 2019 by freeing up US$210 billion in latest move to boost ailing economy
South China Morning Post
People’s Bank of China to cut required reserve ratio by one percentage point in January Move came hours after Chinese Premier Li Keqian told the central bank to do more to help the growth of the world’s second largest economy Read the full story
What Is World's Most Powerful Country? New Report Finds China Rising to Top
Newsweek
Though few rankings have placed the U.K. so high, the Henry Jackson Society aligns with many others in seeing China as a top power in the future. Read the full story
Japan outpaces China in race for outbound mergers as trade war, capital controls weigh on deal flow
South China Morning Post
China was fourth worldwide with US$105.4 billion in deals, according to data provider Dealogic Chinese companies among most active deal makers in Asia outside Japan, according to Mergermarket Read the full story
EUROPE
'Brexit anxiety' holding back British services sector – business live
the guardian
the guardian
Growth in UK and US in focus after new year fears rattle markets 8.04am GMT FTSE 100 opens up by 1%. France’s Cac 40 up 0.8% and Italy’s FTSE MIB rises by 0.86%. Europe-wide Stoxx 600 index gains 0.8%. 8.00am GMT Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. In the UK all eyes today are on the services sector, with the closely watched services purchasing managers index (PMI) up at 9:30am to give the first reading on how Read the full story
Eurozone concerns mount as inflation dips and economy slows
ABC News
Further signs of a cooldown in the eurozone economy have emerged that will likely weigh on expectations of an interest rate hike from the European Central Bank this year. Read the full story
Brexit explained: Here's where we stand and what could happen next
CNBC
Britain is scheduled to leave the European Union at end of March, but what will actually happen on that day remains far from certain. Read the full story
Northern Irish kingmakers: We will not support May's Brexit deal
Reuters
The Northern Irish party that props up Prime Minister Theresa May's government said on Friday that it would not support her Brexit deal but that businesses should be relaxed about leaving the EU without an agreement. Read the full story
Opinion: Why you should avoid stocks until after the Brexit deadline
MarketWatch
A ‘hard’ Brexit — the U.K. leaving the European Union without a replacement trade agreement — could roil economies and markets. Read the full story
CBI, ISX, Kauaihn Chatter:
CBI Update:
Closed today
The CBI for Sunday 1/6/19 did update on the indicative rates Sell Rate 1190
The currency auction is
There are no news and announcements.
Closed today.
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
http://www.dinarguru.com/
1-6-2019 Newshound/Intel Guru BGG [Reference Guru Kaperoni post 1-4-2019 - There is a tweet going around that President Trump has tied some RV to a China trade agreement…False. There is no RV never will be. Best we can hope for is for Iraq to open it’s economy to investors and float the dinar.] This is [Kaperoni's] honest opinion. However, this is all it is – an opinion. In fact, it is an opinion not at all validated by documents produced by the CBI and the US Congress.
1-5-2019 Newshound Guru Adam Montana [Any real chance we see the HCL passed this month?] Any real chance - absolutely! But I think it will be delayed until there is a solid swing in the oil market.
1-5-2019 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT TO VOTE TO LIFT THE IMMUNITY OF ANY DEPUTY WHO VIOLATES THE LAW" this member of parliament is right on track. This immunity stuff is at the very heart of the issue of corruption. Don’t you think members of the government know they are protected and this gives them a safeguard? Eliminate this and things could drastically change in Iraq, for the better.
1-5-2019 Newshound/Intel Guru Mnt Goat Article: "PARLIAMENT TO VOTE TO LIFT THE IMMUNITY OF ANY DEPUTY WHO VIOLATES THE LAW" this member of parliament is right on track. This immunity stuff is at the very heart of the issue of corruption. Don’t you think members of the government know they are protected and this gives them a safeguard? Eliminate this and things could drastically change in Iraq, for the better.
1-5-2018 Newshound Guru Breitling Iraq can not function…they need $54 per barrel to survive…they’re telling us…in two years it’s going to be $25 per barrel. That means they’re in the negative. They need $54 to stay even. That’s just to make it. To survive…They are going to be below that by half…it makes me happy cause you and I are sitting on their currency. What are they going to do devalue it more? No. They are going to add value and you and I are sitting on it. You should be happy. It’s real…that’s the way it works. No body can get around this math…You have a hundred years of how countries devalued and valued their currencies and Iraq is no different. They are going to be forced to do it. Nothing can stop them from doing it. That’s what’s so neat about what’s coming up.
1-5-2018 Newshound/Intel Guru Mnt Goat Article Quote: "...al-Karbouli warned Thursday of dire consequences for the Iraqi economy if the fate OF THE IRAQI DINAR IS LINKED TO LOWER CURRENCIES." Could this be referring to the USD? Of course it is since the dinar is not solely pegged to the US dollar ... if the US dollar has de-valuing issues, this would also drag down the value of the Iraqi dinar. This article is correct. So the best solution is to get off the sole peg and re-peg to the SDR basket of 5 currencies. Then put the dinar on a float and open it up to the world again.
1-5-2018 Newshound/Intel Guru Mnt Goat Article Quote: "...al-Karbouli warned Thursday of dire consequences for the Iraqi economy if the fate OF THE IRAQI DINAR IS LINKED TO LOWER CURRENCIES." Could this be referring to the USD? Of course it is since the dinar is not solely pegged to the US dollar ... if the US dollar has de-valuing issues, this would also drag down the value of the Iraqi dinar. This article is correct. So the best solution is to get off the sole peg and re-peg to the SDR basket of 5 currencies. Then put the dinar on a float and open it up to the world again.
1-5-2019 Newshound Guru MilitiaMan Article: "Under the title No to the adventure of our economy .. Karbali warns of linking the Iraqi dinar in currencies with the lowest value" My take away is this. Okay, he is concerned the IQD will be LINKED with other currencies, that may or do have less value. Not my problem...As what he just said, tells me the cat is out of the bag in that they are going to be linked to other currencies internationally...We shall see what happens, and all in my opinion!! WOW.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
***************
ARTICLE 1-A (from PM Mahdi's website; posted only on Arabic side, not on English side)
Prime Minister Adel Abdul Mahdi directs an investigation into the appointment of a deputy director-general under threat and a freeze on work on 5 January 2019
Prime Minister Adel Abdul Mahdi ordered an investigation into information indicating the issuance of an administrative order by the Director General of the Civil Aviation Authority to appoint a person to the position of deputy director general of the Authority under threat and intimidation. The administrative procedure for the position of Deputy Chairman of the Authority is frozen and unmanageable. Work in previous contexts until the investigation is completed.
He called for taking the necessary measures and imposing the most severe penalties on anyone who uses the threat or uses his powers to compel citizens or state institutions to carry out actions contrary to law and order.
Media Office of the Prime Minister
5 January 2019
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ARTICLE 1-B (from PM Mahdi's website; posted on both Arabic and English sides)
Prime Minister Adel Abdul Mahdi receives the Special Representative of the UN Secretary-General for Assistance to Iraq
Prime Minister Adel Abdul Mahdi received in his official office this morning the Special Representative of the Secretary-General of the United Nations for Assistance to Iraq, Ms. Jenin Henness Blachkart.
The Prime Minister expressed his appreciation for the humanitarian role played by the UN Mission in Iraq and its support for the government's efforts to consolidate peaceful coexistence among Iraqis, extend security and stability throughout Iraq's provinces and return displaced people to the country.
For her part, the representative of the Secretary-General confirmed the support of the Iraqi government and support its plans and program, which focuses on stability, reconstruction, reconciliation and development of services, and expressed its satisfaction with the situation of stability witnessed in Iraq and thanked the cooperation and facilities provided by the government of the mission of the International Organization, Areas during the first month to assume its mission in Iraq.
Media Office of the Prime Minister
5 January 2019
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ARTICLE 2 (from Government of Iraq twitter account):
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 1-5-2018 around 8 am Eastern
On the 98th anniversary of the founding of the Iraqi Army, we salute our brave soldiers for their great sacrifices” says Brigadier General Yehia Rasool.
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ARTICLE 3
They are likely to postpone the vote on candidates for the interior and defense in the coming sessions
BAGHDAD, Iraq (AP) - January 5 - A parliamentary session scheduled for Tuesday (January 8th) will witness Prime Minister Adel Abdul Mahdi, one of the candidates for justice, Candidates defense portfolio and the Interior to another session, as a result of continuing differences on them. "
Karim continued that the differences are continuing to nominate Faleh al-Fayyad, the construction candidate for the Interior Ministry, waiting to be replaced by another candidate. He also said that a new candidate agreed by the Sunni parties to the defense portfolio would replace him. End Ah
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ARTICLE 4
Will Abadi move to Erbil with his family?
BAGHDAD (Reuters) - January 5 - The leader of his coalition, Haider al-Abadi, is in Baghdad with some members of his family, while others live outside the country.
Al-Ezzawi said in a press statement that "Abbadi is the head of the victory bloc and has enough deputies to protect and defend him, so there is no pressure exerted on him."
He added that "what is rumored about moving his family's residence to Arbil is not a fact because most of his family are originally outside Iraq." He pointed out that "buying Abadi for a housing unit in Erbil or housing there is no harm in that considering Arbil as part of Iraq."
"He hoped that things will not be interpreted and what is rumored in the media on the grounds that they are the personal pressures and targets of the former prime minister."
The Kurdish media reported that "the request of Abadi to buy a house for his family in Erbil," the Kurdistan region.
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ARTICLE 5
Parliament investigates Internet theft
2019/1/4 19:03
[Ayna-Baghdad]
The House of Representatives announced its intention to investigate the theft of Internet capacity in Iraq.
The first deputy speaker of the House of Representatives, Hassan Karim al-Kaabi, said in a statement that "the method of granting licenses to the Internet service providers, which was adopted by the Ministry of Communications and the Communications Commission is a lot of ambiguity, which caused the theft of hundreds of millions of dollars over many years, That the participation fees in Iraq is the highest among the countries of the world. "
He added that "the method of contracting followed by the concerned authorities occurred at different times, and the recognition of the same bodies Iraq does not have the equipment to allow him to know the size of the capacities entered into with the international companies processed, and the size of the consumer, and here is the theft is possible, Those responsible, and all this reflected negatively on the nature of service received by the local consumer, although the participation fees is the highest in the world. "
Al-Kaabi pointed out that "the relevant parliamentary committees follow the case in all its details and will resort to summoning the officials of the concerned authorities to find out the reasons for not taking any action to prevent such violations during the previous years, and then the necessary measures will be taken to stop such violations, All contracts and resort to the application of the licensing system, as happened with mobile phone companies to ensure steady returns to the state treasury.
The Ministry of Communications confirmed on Friday "the continuing smuggling of Internet capacity, noting that there are specialized companies and media outlets behind the smuggling."
The issue of smuggling Internet capacity has been revealed for months after the discovery of companies smuggled through optical cables from the province of Kirkuk, to be sold secretly to companies equipped in most of the provinces of Iraq, causing the deterioration of Internet service in the country.
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