Thursday, January 17, 2019

WOTS Thursday 1/17/19

WOTS Thursday 1/17/19










WOTS Thursday 1/17/19:
 
Forex Rates
 
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1,164.8000  1,217.5000 1,164.8000 1,164.8000 1,164.8000  0.0000 20:00
 USD/VND  23,194.0000  23,197.0000 23,194.0000 22,807.4000 22,807.4000  386.6000 04:55
 USD/CNY  6.7694  6.7714 6.7735 6.7365 6.7561  0.0133 05:21
 USD/KWD  0.3022  0.3042 0.3028 0.3021 0.3025  -0.0003 05:16
 GBP/USD  1.2874  1.2875 1.2887 1.2835 1.2884  -0.0010 05:21
 USD/IRR  12,048.0000  12,428.0000 12,048.0000 12,048.0000 12,048.0000  0.0000 17:51
 USD/IDR  14,180.0000  14,194.0000 14,214.0000 14,118.0000 14,151.0000  29.0000 05:21
 
 
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DC NY Iraq Articles:dd
 
 
Surrogate: The budget of the government program crashes
 
 
12:19 - 17/01/2019
 
Baghdad - Mawazine News
Called on the Alliance Sawson, on Thursday, the parliamentary blocs to give priority to the national interest on the financial budget and not subject to political auctions, stressing that delayed adoption of the budget will disrupt the government program.
The official spokesman of the coalition, Qahtan al-Jubouri, in a statement received / Mawazine News / a copy, "The House of Representatives has not been able so far to resolve the financial budget law for this year, at a time of increasing suffering of citizens, especially those with limited income."
"The continuation of such methods at the level of the budget is absolutely consistent with the amount of promises made by the political forces before the elections, which puts them all without exception in front of the Iraqi street, which may not wait long."
The spokesman said that "any delay in the adoption of the budget means delaying the implementation of projects, especially investment, as well as the completion of sluggish projects that need to launch the required financial allocations, which means that the government can not implement its government program voted by the House of Representatives before the government gained confidence" .
 
 
Deputy: leaks reveal the agreement of the three presidencies to postpone the completion of the ministerial cab to the next legislative term 
 
 
 
17/01/2019
 
The MP for the construction alliance Charter Hamdi, Thursday, that the meeting of the three presidencies agreed to postpone the completion of the ministerial cabin to the next legislative term for the purpose of emptying the political blocs to complete the draft budget law. "The leaks that we obtained from the meeting of the three presidencies held on Wednesday led to the agreement of the three presidencies to postpone the completion of the ministerial cabin to the next legislative term," Hamidi said in a press statement.
 
"The postponement decision came to urge the political blocs to full-time in order to complete the draft budget law, because it represents the most important component in the work of the state," indicating that "the House of Representatives also suspended the work of sub-committees and vacations and delegations for the purpose of emptying deputies for the same reason." The three presidencies Held on Wednesday, a meeting during which stressed the need to expedite the adoption of the financial budget and make the required adjustments. d
 
 
Hakim arrives in Beirut to participate in the Arab Economic Summit
 
17-01-2019 11:30 AM
 
Agency of the orbit -
Baghdad
 
Foreign Minister Mohammed Ali al-Hakim arrived in Beirut on Thursday to participate in the joint meeting of foreign ministers and ministers of the Economic and Social Council preparatory to the Arab Economic and Social Development Summit.
 
"It is hoped that the participants will discuss the social and economic development issues; to improve the economic reality, to address the problems that hinder the development of Arab economies, and to keep up with the latest developments in the world," the Foreign Ministry said in a statement received by Al-Madar.
 
"The minister of state for anti-corruption affairs, Nicolas Twaini, was received by the representative of Lebanese President Michel Aoun." 
 
 
 
2019-01-17
 
Baghdad / All news
 
The head of the Committee on Services and Reconstruction Parliamentary Representative Alaa al-Rubaie, yesterday, the status of his committee plan to host ministers and heads of bodies in transport, services, communications and municipalities.
Al-Rubaie said in a press statement that "the Committee for Services and Reconstruction Parliamentary Committee met under the chairmanship of the Committee Chairman MP Alaa Al-Rubaie and the presence of its members to discuss the preparation of a plan for the agenda of the Services and Reconstruction Committee during the current legislative term and set the basis for joint approvals of files monitored and monitored by the Committee and hosting the Minister of Planning to see the table and statistics Accurate and scientific projects completed and slow, and follow the law of information crimes with the Security and Defense Committee, and the naming and division of sub-committees that emanate from the Committee. "
He added that "MP Hoda Sajjad indicated during the intervention the importance of including a paragraph in the budget to manage the revenues of municipalities to finance projects that exceeded the completion rate of 90%, in addition to the debate on maximizing local revenues with MP Mahmoud Mulla Talal and ways to spend and manage this money in an honest manner The completion of projects that serve the citizen in the provinces. "
He stressed that "a proposal was submitted to study the reports of the Office of Financial Supervision of the provinces and prioritize the hosting of the Minister of Transport and the Director of Private Transport to follow up and monitor the work plan of the Ministry for the next three months," pointing out that "the Committee voted on the development of the work plan includes its agenda to host both the Minister of Transport and Municipalities And the Secretariat of Baghdad during the current legislative term. "

The launch of a fuel card exclusively to Baghdad

 
2019/1/17 0:42 135 times read
 
[Ayna-Baghdad] 
The oil products distribution company launched a new fuel card for the people of the capital Baghdad exclusively.
A short statement issued by the company said that "the fuel card No. 5 for white oil was issued by 50 liters for the card." 
The statement referred to "retaining card No. 3".
 
Kauaihn Iraq Articles:dd

Before the visit of Erdogan .. A sudden statement of the Turkish Foreign Ministry on Iraq

 
Editorial date: 2019/1/17 12:04  141 times read
 
(International: Euphrates News) The Turkish Foreign Ministry revealed why the relations with Iraq, which is preparing to receive Turkish President Recep Tayyip Erdogan in the next few months, have not been further strengthened. 
In a seminar organized by the Iraqi Embassy in Ankara on the subject of "Turkish-Iraqi Relations and the Prospects of Development", Assistant Director-General for Relations with Iraq at the Turkish Foreign Ministry, Ali Reza Konay, said that the file of the PKK terrorist organization is always a stumbling block Strengthening Turkish-Iraqi relations. " 
Konay called on "friends in Iraq to work together to eliminate the terrorist organization that poses a threat to security in both countries." 
For his part, Ambassador of Iraq to Ankara Hussein Mahmoud Khatib, Baghdad is "committed to developing relations with neighboring countries and Arab countries." 
He added that "Iraq and Turkey are committed to the opening of a new border crossing between them near the village of {Ovakoy} (follow the state of Chernak south-eastern Turkey), about 7 km from the Turkish-Iraqi border triangle. 
The area where the village of Ovakui is located is a "strategic point connecting East and West Iraq," he said. 
"Iraq and Turkey are committed to opening a border crossing in the Ovakui region, so they are doing the best they can for this," Khateeb said. "The goal is to transform this region, which links East and West Iraq, into a strategic point between Turkey and Iraq. 
The President of the Republic Barham Salih, visited Ankara at the head of a high-level government delegation, on the third of this month and met with Turkish President Recep Tayyip Erdogan and senior Turkish officials. 
The Iraqi and Turkish sides held a meeting in which they discussed a number of issues of mutual interest between the two countries to enhance trade and economic relations between Iraq and Turkey and expand horizons of joint cooperation to ensure the interests of the two friendly peoples. 
"His visit to Turkey as president of Iraq bears a clear and clear message that Iraq is on the verge of a new era of reconstruction and the empowerment of its institutions to play an influential role in the region," Saleh said during a meeting with Erdogan. 
For his part, Erdogan said that "Turkey has given full support to Iraq in the fight against terrorism and achieve security and stability in it, stressing that his country is ready to make efforts to rebuild Iraq again in all fields." 
For his part, the Turkish ambassador in Baghdad, a visit to Erdogan to Iraq this year. 
"It is hoped that President Erdogan will visit Iraq after March 31," Fatih Yildiz told a news conference in Baghdad on Thursday.

Allawi Condemns Assassination of KDP Member in Kirkuk, Calls for Stability

ERBIL - Iraqi leader of al- Wataniya Coalition, Ayad Allawi, has condemned the assassination of a Kurdistan Democratic Party (KDP) member in the disputed Kurdish province of Kirkuk, calling for the normalization of security in the area.
Jabbar Rashid, the head of a local KDP office in Musallad district of Kirkuk, was assassinated overnight on Tuesday by a couple of gunmen in Runaki neighborhood in central Kirkuk, while the perpetrators escaped the scene immediately.
Allawi, who also served as Iraqi Prime Minister in the previous years, pointed out that they, several times before, have warned of the deteriorated security situation in Kirkuk and other disputed territories, calling for a national meeting on the issue before things get worse.
The situation in the disputed Kurdish areas has started to deteriorate after the Iraqi forces and pro-Iranian Hashd al-Shaabi militias entered the territories in late 2017 and forced the Kurdish Peshmerga fighters to withdraw from the areas.

Iraq: We cooperate with Russia and America to diversify sources of armaments
17-01-2019 10:31 AM
Agency of the orbit -
Baghdad
Iraqi Defense Ministry spokesman Major General Tahseen al-Khafaji said on Thursday that Iraq has an interest in diversifying its weapons sources, so it has military cooperation with Russia and the United States.
Khafaji said in a press statement that 'the Ministry of Defense has a policy in tracking the principles of armament', pointing out that 'the ministry has armament by the Russian side in terms of air defense and also armored weapons'.
He added: 'We have military cooperation with the Russian side as we have cooperation with the US side, and Iraq's policy is clear to diversify the sources of weapons'.
The spokesman concluded: 'our relationship is good with Russia through what is in the center of security operations, which includes the Russian side, which is involved in the exchange of information on the fight against terrorist organizations'.

Pentagon Confirms US Troops Among the Killed in Manbij, Pence Says IS Defeated

ERBIL - While the Pentagon has confirmed that seven US personnel were either killed or wounded in Wednesday's explosion in Syria's Manbij, Vice President Mike Pence said that the Islamic State (IS) has been defeated in Syria.
A couple of US service members, a Department of Defense civilian and a contractor lost their lives in the attack, while three service members were wounded as well, the Pentagon said, according to Reuters.
Meanwhile, after the IS jihadist group claimed responsibility for the offensive, Pence stated that the war against the militant group in Syria has ended and they would take the troops back home.
"The caliphate has crumbled and ISIS has been defeated," Pence told the US ambassadors and other senior diplomats, referring to the IS, Reuters reported.
However, the US Vice President said that the attack has not resulted in any change to Washington's decision of withdrawing its forces from Syria.

The launch of a fuel card exclusively to Baghdad

 
2019/1/17 0:42  753 times set
 
[Ayna-Baghdad] 
The oil products distribution company launched a new fuel card for the people of the capital Baghdad exclusively.
A short statement issued by the company said that "the fuel card No. 5 for white oil was issued by 50 liters for the card." 
The statement referred to "retaining card No. 3".
 
Kauaihn Economic Times:
 
ECONOMIC TIMES / CHATTER

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Today in History


Today in History Today is Wednesday, Jan. 16, the 16th day of 2019. There are 349 days left in the year. Today's Highlight in History: On Jan. 16, 1920, Prohibition ...
https://abcnews.go.com/US/wireStory/today-history-60408552 


OIL/COMMODITIES/ENERGY

Gold prices bounce around amid political uncertainty, strengthening buck
MarketWatch
Gold futures struggle for direction as lackluster quarterly results and global political uncertainty helped to spur some buying of assets perceived as havens. Read the full story

PRECIOUS-Gold eases as dollar firms, investors brace for Brexit vote
Reuters
(Updates prices) Read the full story
Oil Prices Halt 2-Day Decline as Focus Shifts to U.S. Stockpile Data

Commodities Jan 15, 2019 13:20 GMT Investing.com - Oil prices pushed higher on Tuesday, halting a two-day losing streak as market players looked ahead to the release of fresh weekly data on U.S. commercial crude inventories. U.S. West Texas Intermediate crude futures for March delivery on the New York Mercantile Exchange tacked on 85 cents, or around 1.7%, to $51.36 a barrel by 8:20AM ET (13:20 GMT), after losing $1.08, or 2.1%, a day earlier. The American Petroleum Institute is due to release Read the full story
 

BANKS/BANKING/CREDIT

Chinese banks lend record amounts as government seeks to stop economic slowdown
South China Morning Post
China’s banks extended a record 16.17 trillion yuan (US$2.4 trillion) in net new loans last year the People’s Bank of China said on Tuesday, as policymakers pushed lenders to fund cash-strapped firms to prop up the slowing economy. The new figure, well… Read the full story

JPMorgan’s debt-trading revenue plunges to its lowest since the financial crisis
Bloomberg
JPMorgan Chase & Co.’s bond traders just suffered their worst quarter in a decade. Read the full story

JPMorgan just posted its worst bond trading results since the financial crisis
Business Insider
JPMorgan CEO Jamie Dimon. JPMorgan's fourth quarter results missed estimates on lighter-than-expected corporate and investment banking revenue and expenses that came in slightly higher than analysts' average estimate. Bond trading was particularly bad, with the bank posting the worst results since the end of 2008. Rival Citi, which reported on Monday, beat earnings expectations. JPMorgan Chase announced fourth-quarter results Tuesday and posted earnings of $1.98 a share. Analysts had expected Read the full story
Wells Fargo revenue misses on consumer banking weakness
Fox News
The bank had a profit of $6.15 billion, or $1.16 per share in the year ago quarter. Read the full story

Wells Fargo quarterly revenue falls 5 percent
Reuters
Wells Fargo & Co on Tuesday saidquarterly revenue fell 5 percent, hurt by lower revenue acrossall of its businesses, including community banking, the unitmost closely tied to a 2016 sales scandal. Read the full story

UPDATE 1-Italy's Salvini accuses ECB of damaging local banks
Reuters
(Adds quotes, details) Read the full story

Credit-card users have whispered about the 'Barclays blacklist' for years. Here's how I got on it.
Business Insider
Barclays, which issues branded credit cards for Apple, JetBlue, and the NFL, has a practice of rejecting applications from former customers who have fallen behind on payments, even if they've improved their credit history. The bank's practice of not pulling credit reports for former customers is uncommon among banks willing to discuss it. Other banks say they always request credit reports, even for former customers. Few financial sectors are as deeply embedded in the lives of Americans as the Read the full story

Deutsche Bank well prepared for any Brexit outcome
Reuters
Deutsche Bank is wellprepared for all Brexit scenarios, the bank's chief executivesaid on Tuesday ahead of a British vote that could reject PrimeMinister Theresa May's deal to leave the European Union. Read the full story

Local banks can lead bipartisan efforts on financial regulation
The Hill
As the new, 116th Congress begins to tackle the nation’s policy challenges, community bankers stand ready to work with lawmakers to promote bipartisan reforms that will support communities in eve Read the full story
TREASURIES/BONDS/STOCKS
 

Investors have a new biggest worry about the stock market
CNBC
For the first time since the financial crisis, corporate leverage is the chief concern for the professional investors who handle Wall Street's largest largest funds. Read the full story

The Biggest Risks for the Stock Market and the Economy Right Now, According to Our Experts
Barron's
Bad corporate debt. A trade war that’s still running hot. A liberal world order that continues to fray. These are just some of the risks on the minds’ of investment professionals after a rough year for the stock market.Read the full story

Top 5 Things to Know in The Market on Wednesday
Investing.com
Economy Jan 16, 2019 10:32 GMT Investing.com - Here are the top five things you need to know in financial markets on Wednesday, January 16: 1. Brexit Drama Fallout British Prime Minister Theresa May’s government faces a no confidence vote after the crushing defeat of her Brexit divorce deal by parliament left Britain’s exit from the European Union in disarray just 10 weeks before it is due to leave. After parliament voted 432-202 against her deal, the worst defeat in modern British history, Read the full story

CRYPTO'S / DIGITAL CURRENCY

ETH Suddenly Explodes Higher, BTC Follows
Forbes
The weekend's rather inexplicable fall in crypto values fuelled an already negative sentiment following the reversal of the early year rally. Read the full story

This Price Resistance Level May Hold Key to Bitcoin Bull Market
CoinDesk
If bitcoin breaks above a key moving average, it could be considered a sign a bearish-to-bullish trend change has begun. Read the full story

Cryptos marginally lower ahead of Ethereum hard fork
MarketWatch
Major cryptocurrencies are trading marginally lower on Tuesday, surrendering some gains made on Monday. Read the full story

5 Things You Probably Didn't Know About Americans Who Hold Cryptocurrencies
Forbes
About one in 10 US consumers holds some form of cryptocurrency. Who are these people? They might not be who you think they are. Read the full story

CURRENCIES

Why China and Russia are struggling to abandon the US dollar and forge a yuan-rouble deal
South China Morning Post
Russia and China plan to ditch the US dollar and switch to local currencies in international trade but yet another delay to a new system for yuan-rouble settlements shows just how complex it is to develop an alternative to the greenback. Russia, China and… Read the full story

3 Currencies to Watch in 2019
TheStreet
Brexit and the Fed will likely weigh most heavily on currency markets in 2019. 2018 was a phenomenal year for the U.S. dollar as the trade weighted Dollar Index rose more than 9 percent from its low in February. This strength drove all of the major currencies lower, from the euro to the Japanese yen and Australian dollar. Nothing mattered more than the market's appetite for U.S. dollars in 2018. It determined where all of the major currencies were headed and had a significant impact on Read the full story

Forex - Dollar Rides Sterling's Slump Higher as Brexit Vote Looms
Investing.com
Forex Jan 15, 2019 18:52 GMT Investing.com – The dollar traded higher against a basket of major currencies Tuesday despite mostly negative U.S. data as a plunge in sterling ahead of a key vote on the UK’s withdrawal agreement supported sentiment. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, gained 0.68% to 95.85. Traders reined in their bullish bets on sterling ahead of the U.K. Parliament vote, which got underway at 2.00 Read the full story

Pound recovers ground after 'meaningful' Brexit vote
BBC News US
The pound rebounds against the dollar after MPs vote to reject Theresa May's Brexit deal. Read the full story
INSURANCE / HEALTH / SCIENCE

Breast cancer risk test 'game changer'
BBC News US
GPs would use the online calculator to tell women their risk of getting breast cancer, say scientists. Read the full story

The Demise Of A Once Promising Pancreatic Cancer Drug Is All Too Common
Forbes
Companies as small as Nivien or as large as Pfizer find the chemical tools and run the experiments that prove or disprove medical hypotheses. Read the full story

3D printing helps heal spinal cord injuries in rats
Sky News
Humans with severe spinal cord injuries have been offered hope by scientists who have successfully treated rats with the same condition. Read the full story

2009 vs. 2019 Challenge Reveals a Strange Trend in the Biology of Aging
Inverse
The 2009 vs 2019 Challenge or the How Hard Has Aging Hit You Challenge recently surfaced photos of some ageless people. While some of that is careful photo selection it does coincide with a trend. Biologically, we may be aging more slowly than ever Read the full story

A genetic testing company you've never heard of could become a household name as it takes on 23andMe
Business Insider
New hybrid approaches to genetic testing are beginning to emerge, starting with one from San Francisco-based genetics company Invitae. Genetic testing will be a cornerstone of healthcare in 2019, but there's a war brewing over how to harness your DNA data without harm. There are currently two ways to do the testing: a costly but complete genetic workup through a doctor or a cheaper at-home test like those sold by 23andMe. Clinicians and advocates criticize the at-home approach, which they say Read the full story


USA / CANADA
 

How the government shutdown is affecting biotech companies
MarketWatch
The government shutdown is affecting the U.S. Food and Drug Administration’s ability to review new drugs, putting biotech companies in a tough spot. Read the full story

Cash is no longer king for American consumers, survey says
CNBC
Americans are becoming less and less reliant on paper money as other payment methods increase in popularity. Read the full story

Shutdown shrinks as thousands more employees called in to work without pay
POLITICO
These are among the agencies adding to their rosters of on-duty workers even as the shutdown shows no signs of ending. Read the full story
Canadian home sales fall for 4th straight month in December -CREA
Reuters
Resales of Canadian homes fell2.5 percent in December from the previous month, extending astring of monthly declines since September, the Canadian RealEstate Association said on Tuesday. Read the full story

EMERGING MARKETS

Exclusive: Brazil's Odebrecht offers debt-for-equity swap for Atvos unit - sources
Reuters
Corruption-ensnared Odebrecht SA has proposed that creditors take over its sugar and ethanol unit, Atvos Agroindustrial Participacoes SA, in exchange for reducing Odebrecht's huge debt load, according to two sources with knowledge of the matter. Read the full story

Traders Suddenly Dare to Believe in an Emerging-Market Rally
Bloomberg
It’s a measure of how the climate has changed so quickly for emerging markets that this week’s interest-rate decision in Turkey, an event that would have had traders on tenterhooks six months ago, is being anticipated with a virtual shrug. Read the full story

Emerging Markets Point The Way For Bitcoin Adoption
International Business Times
The price of Bitcoin crashed in 2018 and entered a bear market, leaving many to question anew whether widespread adoption of the decentralized digital asset is feasible a decade after its inception. Read the full story

Palestinians take over as chair of UN developing countries
ABC News
Palestinian President Mahmoud Abbas has taken over as head of the key group of developing countries at the United Nations, promising to confront "assaults" on multilateralism and pledging a peaceful two-state solution of the Israeli-Palestinian conflict Read the full story

Mexico to delay clean diesel rule as fuel is scarce -sources, documents
Reuters
Mexico's government, dealingwith fuel shortages stemming from a crackdown on theft, isexpected to postpone a new rule requiring pumping stations tosell cleaner diesel, according to sources with knowledge of thedecision and documents from the regulator. Read the full story

Argentina says 2018 inflation hits 47.6 percent
ABC News
Argentina says that consumer prices rose 47.6 percent in 2018, the highest rate since 1991 Read the full story

MIDDLE EAST

'They treat women terribly' says Saudi refugee accepted in Canada
Sky News
'They treat women terribly' says Saudi refugee Read the full story

Explainer: Protesters in Sudan want end to Bashir's 30-year rule
Reuters
Weeks of protests pose one of the most serious challenges to Sudanese President Omar al-Bashir's 30-year rule just as his party prepares to change the constitution to allow him to seek another term. Read the full story

Trump leaves the door open to letting Iran export oil
CNBC
The State Department's envoy to Iran is declining to say whether Washington will force oil buyers to cut off purchases of Iranian crude later this year. Read the full story

Iran says will keep military forces in Syria, despite Israel threats: ISNA
Reuters
The head of Iran's Revolutionary Guards said on Wednesday that they will retain their military presence in Syria, defying Israeli threats that they might be targeted if they do not leave the country. Read the full story
AFRICA
South Africa's Distell to set up new firm for premium wine business
Reuters
South African wine andspirits maker Distell said on Tuesday it would set up astandalone company to run its premium wine operation, which ithopes will see its volumes triple in the next decade. Read the full story

Helicopter fires teargas at protesters in Zimbabwe - Reuters witness
Reuters
A helicopter fired teargas todisperse protesters in a township in Zimbabwe's capital Harareon Tuesday, a Reuters witness said. Read the full story

Zimbabwe to give public workers living allowance - minister
Reuters
Zimbabwe will give public workersa cost of living allowance of between 5 percent and 23 percentof their monthly salary, its labour minister told Reuters onMonday against a backdrop of strikes and violent protests in thecountry. Read the full story

Zimbabwe public workers to get living grant amid fuel protests
TRT World
Zimbabwe public workers to get living grant amid fuel protests Read the full story

How Zimbabwe became world's most expensive place to fuel a car
CNN
In 2017, Zimbabweans took to the streets in mass protests against a broken economy and collapsing living standards. Two years later, they are back on the streets again over a massive gas price hike but the fuel crisis is just a symptom of a deeper malaise affecting the country. Read the full story
ASIA
China won't unleash 'runaway stimulus' to revive the economy
CNN Business
China's economic slowdown is causing alarm around the world, but President Xi Jinping's government may only be willing to go so far to limit the damage. Read the full story

All-out trade war between China and the US leaves no room for optimism
South China Morning Post
Much is being discussed with regard to the US and China seeking a resolution to the ongoing trade war. With representatives meeting, commentators seem optimistic about a solution. Though the optics look encouraging, any agreements should be viewed as… Read the full story

Zimbabwe: China Committed to Helping Revive Zim Economy
AllAfrica
China is fully committed to helping Government revive the economy and has confi dence in the leadership of President Mnangagwa, Acting Chinese Ambassador to Zimbabwe, Mr Zhao Baogang, has said. In an interview with The Herald on the sidelines of the China-Zimbabwe New Year's gala at the University of Zimbabwe last week, Mr Zhao said his country was ready to help the economic turnaround eff orts being undertaken in Zimbabwe. "This is a year of action and last year we completed the Kariba South Read the full story

China Warns It Won’t Allow U.S. Interference in Taiwan as Military Leaders Meet to Defuse Tensions
Newsweek
"The Taiwan issue is a matter of China's internal affairs," General Li Zuocheng said. Read the full story

EUROPE
European Blockchain Startup Launches Trading in Tokenized Securities
CoinDesk
Belarus-based blockchain startup Currency.com has launched a trading platform for tokenized securities. Read the full story

The German economy just had its worst year since 2013
CNN Business
Economic growth slowed down to 1.5% last year in Germany, a major drop from 2017 and the weakest expansion in five years. Read the full story

Germany says EU ready to talk if UK rejects Brexit deal
Reuters
The European Union could hold new talks with Britain if parliament in London rejects the Brexit agreement on Tuesday, Germany's foreign minister said, but he ruled out significant changes to the treaty. Read the full story

Britain's May says she will respond quickly after key Brexit vote
Reuters
British Prime Minister Theresa May told her senior ministers she would respond quickly to Tuesday's evening's vote in parliament on her proposed Brexit deal, her spokesman said. Read the full story

Theresa May faces worst government defeat in 95 years in key Brexit vote
Bloomberg
Prime Minister Theresa May is set to see her Brexit deal rejected in the biggest Parliamentary defeat for a British government in 95 years after her last minute pleas for support appeared to fall on deaf ears. The battle now is over not whether May loses, but how badly. Read the full story

U.K. Parliament Roundly Rejects May’s Brexit Plan
The Wall Street Journal
The British Parliament overwhelmingly rejected a proposed Brexit deal Tuesday, prompting the head of the opposition to call for a vote on U.K. Prime Minister Theresa May’s leadership and further stoking uncertainty around the U.K.’s exit from the EU in just over two months. Read the full story

Theresa May's Brexit deal crushed as country barrels toward deadline without plan to leave E.U.
NBC News
Moments after the vote, Jeremy Corbyn, the leader of the opposition Labour Party, announced he would seek to oust May's ruling Conservatives by bringing a motion of no confidence. Read the full story

Brexit Update: What Just Happened And What's Next?
Investing.com
Economy 2019-01-16 07:22:00 by Pauline Thomas What Just Happened? It was widely expected that the UK parliament would vote down Prime Minister Theresa May’s Brexit withdrawal deal, however the majority of 230 of votes marks an historic loss for a prime minister. Following May’s defeat, here are the options available to the UK with only 72 days left before the Brexit deadline on March 29. Plan B Theresa May has until Monday January 21 to return to parliament with a ‘Plan B’ version of her Brexit Read the full story
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CBI, ISX, Kauaihn Chatter:
 
CBI Update:
 
 
The CBI for Thursday 1/17/19 did update on the indicative rates Sell Rate 1190
The currency auction is
There are 2 news and announcements.
1. Contractors' receivables
»Receivables contractors schedules (Ministry of Health, Salah ad Din Governorate, Ministry of button.
January 17, 2019
Contractors Receivables (Ministry of Health, Salah ad Din Governorate, Ministry of Agriculture, Ministry of Electricity, Wasit Governorate, Ministry of Industry and Minerals, Nineveh Governorate, Ministry of Higher Education and Scientific Research ...
2.Yan) Higher Committee of the Empowerment Initiative approved the financing of a number of projects

The Tamkeen High Committee, which is funded by a number of banks,
January 17, 2019
 
The Higher Committee of the Tamkeen Initiative, funded by a number of banks and exchange companies operating in Iraq and supervised by the Central Bank of Iraq, has endorsed a number of projects in different regions of Iraq, in addition to in-kind assistance to a number of citizens. In supporting community, service and humanitarian projects.

During the first meeting of this committee for the year 2019, it approved the financing of projects, the most important of which is the reconstruction and development of the Church of the Virgin Mary Chaldean in Basra and the rehabilitation of the northern gate of Baghdad, and the 14 July Park in the holy city of Kadhimiya will have a share of rehabilitation and development, in Baghdad".


The Higher Committee of the Tamkeen Initiative would like to emphasize that there are other projects under study that are being distributed to different areas of Iraq for implementation after being approved by this committee in cooperation with the relevant authorities.  2019/1/17


Random News

The Central Bank announces the approval of financing a number of projects

 
Editorial date: 2019/1/17 11:32  89 times read
 
The Higher Committee of the Tamkeen Initiative, funded by a number of banks and exchange companies operating in Iraq and supervised by the Central Bank of Iraq, has supported a number of projects in different parts of the country.
A statement issued by the Central Bank of Iraq received a copy of the report. The committee also approved "in-kind assistance to a number of citizens", noting that "this step comes from the role played by this bank in supporting community, service and humanitarian projects." 
"During the first meeting of this committee in 2019, the committee approved the financing of projects, notably the reconstruction and development of the Church of the Virgin Mary Chaldean in Basra, rehabilitation of the northern gate of Baghdad, and the July 14 Park in the holy city of Kadhimiya will share a rehabilitation and development, And the development of five bridges in Baghdad. " 
The Higher Committee of the initiative (Tamkeen) according to the statement that there are other projects under study are distributed to different areas of Iraq for implementation after being approved by this committee in cooperation with the relevant authorities. "
ISX Update
 
No Thursday update yet
Value Traded
248,247,446
 
Shares Traded
182,375,863
ISX ended in Green
 
Kauaihn Chatter:dd
 
http://www.dinarguru.com/
 
1-16-2019   Newshound Guru Adam Montana    "Could Oil Prices Rise By $25 Per Barrel In 2019?";  "Kuwait National: $ 65 Brent crude average during 2019 and 2020";  "Oil Markets Could See Deficit In 2019 The oil supply surplus is “starting to reverse,” according to a new report from Bank of America Merrill Lynch."  (the word "deficit" is a good thing here);  "Heavy Crude: From Glut To Shortage - Jan 15, 2019, 5:00 PM CST" ("Shortage" is another good word for us right now);   "Oil rises with hopes of a better market under OPEC-led cuts " ... and so on.  Here's the thing, folks... this is the situation that Iraq wants. This writing is on the wall, in the headlines, and it's heading towards RV time.  Iraq can read the headlines just as well as we can, so for now we just hang on tight.  [post 2 of 2]

1-16-2019   Newshound Guru Adam Montana
   As much as we all hate "I told you so's", here are a couple. Headlines from the past couple days include: 1. BREXIT.  When this was first brought up in 2016, I voiced my opinion that it wouldn't be successful and not to worry about it. As of this morning, it looks like the whole thing was a huge waste of time and is going nowhere... time will tell, but I could have told you that as well.    2. Did you catch my update last week? One of my talking points was oil, the price per barrel, and Iraq's sneaky but convenient exception to the ongoing limitations on production by OPEC members.  Just look at these headlines...   [post 1 of 2....stay tuned]

1-16-2019   Newshound/Intel Guru Mnt Goat   Should we get our bottle of champagne ready?  I have to tell everyone the CBI is still telling me they are targeting the month of January.  I would not open your bottle of champagne and celebrate as of yet but I certainly would think about getting a nice BIG bottle and get it chilled and ready. But remember this saga is not over until the fat lady sings. Too many signs are showing us that this could finally be our month to see it. It has been a VERY long journey but I thinks perhaps it is coming to a conclusion…finally….
[post 2 of 2]

1-16-2019   Newshound/Intel Guru Mnt Goat   Will the reinstatement happen in 2019?  We don’t know when the reinstatement will occur for sure and many say the project to delete the zeros is now all done. So go figure?  ...This news is coming from some VERY credible sources of information...   ...there are no more delays expected. The process is on the move. They are telling us once again 2019 is our timeframe. OK – hold on to your horses! I do not know the exact timeframe in 2019 but all we can confirm is two things – 1) they just told us this week in the news media that 2019 is our year and 2) we know they normally like to target January and we still have half of the month of January remaining.  So let’s see what happens in January and if it does not happen then we move to another target. [post 1 of 2....stay tuned]

1-16-2019   Newshound Guru Kaperoni      A member of the Economic and Investment Committee said today that Iraq may be forced to float the dinar to encourage investment in Iraq...Sound familiar?   There is no doubt in my mind we will see the dinar float at or about the same time as the launch of the banking system and market economy for investment.  Hang in there.  This seems to be the year Iraq will move forward launching a private sector and encouraging foreign investment.

1-16-2019   Intel Guru Bruce   [via PinkRoses]    ...it is kind of coming down to the wire now. We are getting some really positive input...We heard some activity started last night. ...We believe that we are at the point very little is required now before we get notified to go.   ...there has been a number of meetings and conference calls in the recent days... Calls that took place with the large banks in conjunction with the Secretary of the Treasury...we think part of the plan was to talk about where we are in terms of the release and...can this thing happen immediately meaning in the next day or two.  ...What I am telling you is you are very close. Everything we can say about Iraq appears to have been completed...We hope that we are at the end of the ride because the evidence is showing things are moving.  I can just can tell you the rates that will be on the front screens for the Dinar and Dong will be much closer together than we thought
 
1-16-2019   Newshound Guru Daytrader   All that happens as the result of the consultation is agreement on a plan of action to make any necessary corrections.  There is no failure, only a plan of action to rectify concerns. Iraq and the IMF have been planning the reinstatement of the IQD for a very long time, and during this time they continued to develop and fine-tune the process specific to Iraq's needs.  IMO this has nothing to do with nor will it have any impact on what we seek.  [post 2 of 2]

1-16-2019   Newshound Guru  Daytrader  A number of members have expressed concern over a statement regarding an IMF Article IV consultation not occurring until later this year.  This is Iraq’s normal Article IV consultation schedule.  Most countries have an Article IV consultation with the IMF every 24 months, including the United States. It provides an opportunity for both the IMF and the country to discuss specifically where the country might have monetary policy or procedural shortcomings that need correction, and review what they’re doing that meets Article IV criteria. [post 1 of 2....stay tuned]
 
1/16/19  Intel Guru RayRen98 Contracts are to be funded by February 5, 2019. [Could this be the outside date?] PM Mahdi sent out a tweet stating that he is moving onward with implementing the program for government that was presented to Parliament and intends to complete it within the time frame that was previously announced. It appears he is making promises to the Iraqi citizens.
 
Elmer:
 
Not in today
 
Artmeister:
 
Not in today
 
Catnip:

 
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ARTICLE 1-A (from PM Mahdi's website

Prime Minister Adel Abdulmahdi renews his support and support for the national team and blesses his rise to the second round of the Asian Nations Championship

Prime Minister Adel Abdulmahdi renewed his support for the national team participating in the Asian Nations Championship and congratulated his arrival to the second round.

In a telephone conversation with the president of the football federation, Abdul Khaleq Massoud, he affirmed his support for the national team and the Iraqi sports delegation, and urged the two blacks to achieve the best results and raise the name of their country in the Asian competition and strive to win the championship for the second time.

Media Office of the Prime Minister
16 January-2019

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ARTICLE 1-B (from PM Mahdi's website

Prime Minister Mr. Adel Abdel-Mahdi chairs the meeting of the Supreme Council for Combating Corruption at its new headquarters

Prime Minister Adel Abdul Mahdi chaired the meeting of the Supreme Council for Combating Corruption at its new headquarters.

The Prime Minister, Mr. Adel Abdul Mahdi, said that corruption will be targeted. The role of the Supreme Council for Combating Corruption is the high level of coordination between the various regulatory bodies and the concentration of their efforts in one direction.

This came during his chairmanship of the second meeting of the Supreme Council for the fight against corruption at its new headquarters in the Iraqi Supreme Criminal Court, pointing out that the purpose of the restructuring of the Council is to enable him to take deterrent measures and to provide financial support, security and legislative process of combating corruption and accelerate.
The Prime Minister blessed the efforts of the Financial Control Bureau in issuing its latest report, which showed significant differences in the disbursement of pensions, which confirms the positive role of regulatory institutions and the need to support them.

The Prime Minister held a tour of the Museum of Crimes of the former regime.

Media Office of the Prime Minister
16 January-2019

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ARTICLE 1-C (from PM Mahdi's website

The National Security Council holds a meeting under the chairmanship of the Prime Minister and the Commander-in-Chief of the Armed Forces, Mr. Adel Abdul Mahdi

The National Security Council held a meeting under the chairmanship of the Prime Minister and Commander-in-Chief of the Armed Forces, Adel Abdul Mahdi.

At the beginning of the meeting, the Prime Minister briefed the ministers on the importance of Iraq's role as a central and balanced country in its vision and political decision.

The National Security Council discussed the most important security developments in the country and took the necessary measures. The project of the digital wall of Iraq, its technical features and its importance were presented in all respects, foremost of which is the suppression of the terrorist networks. The Prime Minister expressed his remarks and guidance that the project is complete and effective, To complete the project.

The National Security Council approved the Iraq Digital Wall project and the strategy to combat violent extremism.

Media Office of the Prime Minister
16 January-2019

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ARTICLE 1-D (from PM Mahdi's website

Prime Minister, Mr. Adel Abdel Mahdi, attends the three presidencies meeting

Prime Minister Adel Abdul Mahdi attended the three presidencies meeting held this afternoon.
He expressed his satisfaction with the spirit of cooperation and understanding prevailing between the three presidencies, focusing on the issues that serve the Iraqi people and achieving their aspirations and stressing the necessity of continuing this positive approach. He called on all political parties to give priority to the language of dialogue and the supreme interests of the country.

During the meeting, the Prime Minister made a presentation on the recent visits to Iraq, particularly the visit of His Majesty King Abdullah Bin Al Hussein and the results that have resulted from the appreciation of the pivotal role played by Iraq in its Arab and regional environment.

The three presidencies agreed to speed up the approval of the general budget and the completion of the government cab, and support the efforts of the Prime Minister and the government to ensure the success of the ministerial program.

Media Office of the Prime Minister
16 January-2019

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ARTICLE 2 (from Government of Iraq twitter account)
  1. PM @AdilAbdAlMahdi: There is a strong interest around world in Iraq and relations with our friends and allies are strong and positive.

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ARTICLE 3

The three presidencies meet to keep the Iraqi street away from tensions and crises and avoid escalation of the media

BAGHDAD, Iraq - January 17 - The three presidencies held a meeting at the Peace Palace in Baghdad, which included President Barham Salih, Prime Minister Adel Abdul Mahdi and Speaker of the House of Representatives Mohamed Halabousi, to exchange views on the issue. And the convergence of visions and understandings between the political parties, and the need to keep the street away from tensions and crises between the political parties and adopt the language of dialogue and avoid escalation of the media.
The Office added that "the agreement between the three presidencies stipulated the acceleration of the adoption of the general budget in accordance with the amendments required to strengthen the work of state institutions in providing the necessary services for citizens," stressing "the importance of efforts and promote joint action for the success of the government program through the support of the Prime Minister in His duties, and follow-up the file of vacant ministries to complete the formation of ministerial cab. "

The meeting also reviewed the results of the visit of the Jordanian monarch and high level delegations from several countries to Iraq, stressing Iraq's pivotal role in establishing peace and stability in the region, as well as the policy of openness adopted in its relations with sister countries. And friendly, based on respect for national sovereignty and mutual interests, as well as the latest developments and developments on the Arab and regional arenas. " Finished

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ARTICLE 4

Increase the readiness of Iraqi forces on the Syrian border after the exposure of "Qsd" attack, "calling"

BAGHDAD (Reuters) - January 17 - Iraqi forces have stepped up their alertness on the Iraqi-Syrian border after Syrian forces have been hit by an attack by "Daash" elements in Syria's Hinj and Sousse areas, security sources said on Thursday.

He said that "the so-called organization called for a major attack on the forces of Syria's democracy (Qd) in the areas of hybrid and Sousse in Syria," noting that "the Iraqi forces have raised the status of readiness and reinforced the spread on the border link between the two countries in anticipation of any emergency" . End Ah

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ARTICLE 5

Important MoH illustrations on human organ transplantation in Iraq

BAGHDAD, Jan 13 (KUNA) - The Ministry of Health and Environment announced on Sunday that the ministry is continuing its monitoring and follow-up of hospitals and centers in the public and private sectors in accordance with the law of organ transplantation in Iraq No. 11 of 2016.

"There is a central committee to receive donors to transplant the kidneys and with the participation of the technical bodies in the ministry and representatives of the security ministries in the committee to ascertain the eligibility of the donors and the safety of the legal and administrative position to ensure there is no possibility of trading human organs and that the committee receives donors to all governorates of Iraq in coordination with the Ministry Internal / Supreme Committee to combat trafficking in human organs, "pointing out that" the operations of the removal and transfer of human organs are high-precision operations and require specialized medical expertise and centers equipped with the latest equipment and all stakeholders Zuidna any information about places where there are suspicions about the trade of human organs for the purpose of follow-up with the parties concerned. " Finished

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