| WOTS Tuesday 1/8/19 |
WOTS Tuesday 1/8/19:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,164.2000 | 1,164.2000 | 1,164.2000 | | 20:00 |
| USD/VND | | | 23,194.0000 | 22,795.0000 | 22,795.0000 | | 04:15 |
| USD/CNY | | | 6.8598 | 6.8342 | 6.8410 | | 05:09 |
| USD/KWD | | | 0.3027 | 0.3020 | 0.3025 | | 05:00 |
| GBP/USD | | | 1.2791 | 1.2748 | 1.2777 | | 05:09 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,158.0000 | 13,988.0000 | 14,097.0000 | | 05:09 |
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DC NY Iraq Articles:dd
URGENT House of Representatives postponed its meeting to next Thursday at 1pm.
Release Date: 2019/1/8 12:22 • 78 times read end of article
Deputy: That is why Parliament did not include the completion of the vote on the ministerial cab in today's meeting
In the policy of January 8, 2019 comments to the deputy: For this reason parliament did not include the completion of the vote on the ministerial cab in the day session closed 33 visits
Baghdad / SNG - The coalition of victory, on Tuesday, the reasons for not include the paragraph on the vote on the candidates of the remaining portfolios on the agenda of the session of the House of Representatives today, while noting the presence of a meeting with the Alliance pass this evening.
The MP from the coalition Nada Shaker Jawdat, in a press statement, "The non-inclusion of the vote on the remaining candidates for the remaining portfolios due to the failure to send candidates by Prime Minister Adel Abdul Mahdi."
"The reason for not sending the names is also due to the lack of consensus between the political blocs," it is likely that "Adel Abdul Mahdi nominate the remaining names without reference to the political blocs if not agreed during the current week."
On the other hand, Shaker confirmed that "the coalition of victory and the rest will hold a joint meeting, this evening, to discuss a number of topics," without giving further details.
A member of the Council of Kirkuk declares its boycott of the Council session tomorrow
Tuesday, January 8,2019
Alsumaria News / Kirkuk
Alsumaria News / Kirkuk
A member of the Kirkuk Provincial Council on Turkmen nationalism, Raad Rushdie, not to participate in the session of the provincial council tomorrow morning, stressing that the status of the Council will increase "worse and chaos."
Rushdie said in an interview with Alsumaria News, "I will not attend nor participate in the meeting of the Kirkuk Provincial Council, which was agreed to choose the Vice-President of the Council, to replace the place of Ribawar Talabani after the vote on his dismissal," noting that "take measures as mentioned in the minutes of the meeting of those described Themselves as representatives of the political blocs, the market will not move the administrative situation wrong in the Council, the situation worsens and chaos. "
Rushdie added that "there are attempts to involve one-tenth member of the decision-making process in the provincial council and in the following form, the head of agency, a committee of three members, a coordinating body of seven members, and this is an incorrect administrative vision."
He added that "the Kirkuk Provincial Council will deprive the Turkmen and remove them from the ascendancy of any sovereign position in Kirkuk during the coming period and will not achieve joint administration," explaining that "the best solution is the election of a chairman of the Turkmen nationality, if the quorum of 22 members instead of Replace the Vice-President of the Council. "
On December 31, 2018, a member of the Kirkuk Provincial Council, Mohammad Gharb, announced the signing of a decree signed by the head of the provincial council, Ribawar Talabani, to mark the eighth of next month.
On January 2, 2019, Turkmen National Movement, a member of the Kirkuk Provincial Council Raad Rushdi, was nominated for the post of Speaker.
Asaib Ahl al-Haq" threatens to strike US forces in Iraq
Tuesday, 2019/1/8
The Asaib Ahl al-Haq movement, which is close to Iran, announced today that it is monitoring new deployment and movements of US forces inside Iraq and is threatening to strike those forces if the government and parliament fail to act.
This came in a statement to Jawad Talibawi, military spokesman for the movement «Asaib Ahl al-Haq», led by Qais al-Khazali, according to Anatolia.
Talibawi said, "It is no secret to the people, that the roaming of General Austin, in the streets of Baghdad, is a flagrant violation of the sovereignty of the country, and is a challenge to the will of the people rejecting the presence of any foreign forces on Iraqi territory." "We look with anger at the round by the deputy commander of US military operations in the streets of Baghdad."
Talibawi threatened that if the Iraqi diplomacy failed to declare a firm stance, they would stand "in the face of the American presence and its direct and indirect occupation of parts of the country and limit the movements of its soldiers in the regions of the country's provinces."
On the other hand, the First Deputy Speaker of the Iraqi Parliament Hassan al-Kaabi, yesterday, the Committee on Foreign Relations in Parliament to investigate the allegations of the visit of three Iraqi delegations to Israel in 2018.
Al-Kaabi said in a statement that he directed the Foreign Relations Committee "to investigate the truth of this visit and its accuracy, and to disclose the names of officials who visited the occupied territories, especially members of the House of Representatives, if the visit is correct."
Kirkuk Council fails to dismiss Talabani
aljournal January 8, 2019
January 8, 2019
Baghdad - Journal News
The Kirkuk provincial council failed on Tuesday to hold its meeting for the removal of its acting president, Ribwar Talabani.
A source familiar with the «Journal News», that "several parties sought to vote on the dismissal of Ribawar Talabani during today's meeting, but the quorum was not completed for the meeting."
On December 27, 2018, the Supreme Judicial Council issued an arrest warrant and sentenced the president of the Kirkuk provincial council to six months in prison and Ribwar Talabani
Iran confirms possibility of exporting petrochemicals to Iraq
11:53 - 08/01/2019
Information / Baghdad ..
Iranian Oil Minister Bijen Namdar Zangana on Tuesday confirmed the possibility of exporting petrochemical products in the provinces of western Iran to Iraq.
"There are 10 petrochemical complexes with a total production capacity of 5 million tons per year in the governorates of Kermanshah, Aylam, Lurstan and Kurdistan," Zankana said in a statement to the Al Alam television channel. "There are 10 petrochemical complexes with the potential to export these petrochemical products to Iraq, Energy to provide job opportunities and development of these provinces. "
"The products of the western provinces can be exported to Iraq through the economic corridors," he said.
He called on the Iranian minister to "prepare a plan to be Kermanshah axis of development in the west of the country," noting that "the provinces of the west of the country complement each other in terms of possibilities and that near the center of Kermanshah province of the centers of these provinces is an excellent advantage for him." Ending / 25
Kauaihn Iraq Articles:dd
Reform calls on Abdul Mahdi to dismiss ministers and challenge the mechanism to vote Parliament (expanded)
Release date: 2019/1/8 9:00 • 206 times read
(Baghdad: Al-Furat News) The political body of the Alliance for Reform and Reconstruction held a regular meeting chaired by the President of the Alliance Mr. Ammar al-Hakim, where they discussed the latest developments in the political situation and legislative and executive files.
A statement to the Office of the President of the coalition received the agency {Euphrates News} copy of it, the meeting came out several points, namely:
1 - Call for the Prime Minister Adel Abdul Mahdi to dismiss ministers who have registered legal indicators.
2 - Emphasize the observance of the rules of procedure of the House of Representatives and the need to review the voting mechanism that was on the Ministers of Defense and Education as it is a violation of the rules of procedure of the House of Representatives, and instituting a lawsuit before the Federal Court to challenge the mechanism of voting contrary to the system.
3 - Refusing sectarian distribution in the presidency of the parliamentary committees and considered a threat to the national project and the need to be based on distribution based on balance between parliamentary alliances.
The meeting also discussed the regional and international developments as well as the discussion of the important laws that will be discussed in the current legislative session
1 - Call for the Prime Minister Adel Abdul Mahdi to dismiss ministers who have registered legal indicators.
2 - Emphasize the observance of the rules of procedure of the House of Representatives and the need to review the voting mechanism that was on the Ministers of Defense and Education as it is a violation of the rules of procedure of the House of Representatives, and instituting a lawsuit before the Federal Court to challenge the mechanism of voting contrary to the system.
3 - Refusing sectarian distribution in the presidency of the parliamentary committees and considered a threat to the national project and the need to be based on distribution based on balance between parliamentary alliances.
The meeting also discussed the regional and international developments as well as the discussion of the important laws that will be discussed in the current legislative session
Turkmens Seek Governor's Position in Kirkuk
http://www.basnews.com/index.
BasNews 08/01/2019 - 00:05
BasNews 08/01/2019 - 00:05
ERBIL - The Turkmens in the disputed Kurdish province of Kirkuk are seeking the position of the city's governor, recommending negotiations with the Kurdistan Region's leadership over the issue.
In a statement to Iraqi Media reports, Ali Mufti, the spokesman for the Turkmenli Party in Kirkuk, argued that the post of the governor has neither during the former Iraqi Baath regime nor after the dictatorship was ever held by the Turkmens.
The official claimed that the rights of the Turkmens are not preserved in the city, pointing out that they have been repeating this call for years to form a joint administration for the city which could represent all components.
Iran is considering exporting petrochemicals to Iraq
Release date: 2019/1/8 10:48 • 72 times read
(International: Al Furat News) Iranian Oil Minister Bijan Zangana has confirmed the possibility of exporting petrochemical products in the provinces of western Iran to Iraq.
"There are 10 petrochemical complexes with a total production capacity of about 5 million tons per year in the provinces of Kermanshah, Aylam, Lurstan and Kurdistan," Zangana said at a meeting in the city of Kermanshah on Monday evening.
He stressed "the possibility of exporting these petrochemical products to Iraq and to benefit from this energy to provide employment opportunities and development of these provinces."
"The products of the western provinces can be exported to Iraq through the economic corridors," he said.
He called for "the preparation of a plan to be Kermanshah axis of development in the west of the country."
He added that "the provinces of the west of the country complement each other in terms of possibilities and that near the center of Kermanshah province of the centers of these provinces is an excellent advantage for him."
He stressed "the possibility of exporting these petrochemical products to Iraq and to benefit from this energy to provide employment opportunities and development of these provinces."
"The products of the western provinces can be exported to Iraq through the economic corridors," he said.
He called for "the preparation of a plan to be Kermanshah axis of development in the west of the country."
He added that "the provinces of the west of the country complement each other in terms of possibilities and that near the center of Kermanshah province of the centers of these provinces is an excellent advantage for him."
A single passport for the continent of the continent
Editorial date: 2019/1/8 10:29 • 141 times read
The idea of a unified passport for all Africans seems closer to reality than many would imagine, according to the head of the AU Commission, Moussa Fakih Mohamed.
In a message on the occasion of New Year's Day, Faqih Mohammed said that the 32nd Ordinary Session of the African Union Conference will present some details concerning this passport, which he described as "the long-awaited dream."
"During the conference to be held next February in the Ethiopian capital Addis Ababa, details will be presented on the design, production and issuance of the African passport."
He added that the move would make the "long-awaited dream" closer to reality, for "full freedom of movement across the African continent."
The Single Passport aims at facilitating the movement of Africans among African countries, as well as stimulating economic growth and promoting trade movement.
This development follows the announcement by the African Union of a "unified air market" initiative aimed at creating a common market for goods and services.
The website "Quartz" that if the heads of state ratified the details of this initiative, in February, it will pave the way for the issuance of the next passport.
He said the African passport would be in the interest of citizens of countries with "weak" passports, such as southern Sudan and Burundi.
Travelers from southern Sudan and Burundi need visas to visit 48 and 47 African countries, respectively.
It is not known how far African countries agree to this step, as migration experts continue to discuss their positive and challenging challenges, especially their impact on the security of States
"During the conference to be held next February in the Ethiopian capital Addis Ababa, details will be presented on the design, production and issuance of the African passport."
He added that the move would make the "long-awaited dream" closer to reality, for "full freedom of movement across the African continent."
The Single Passport aims at facilitating the movement of Africans among African countries, as well as stimulating economic growth and promoting trade movement.
This development follows the announcement by the African Union of a "unified air market" initiative aimed at creating a common market for goods and services.
The website "Quartz" that if the heads of state ratified the details of this initiative, in February, it will pave the way for the issuance of the next passport.
He said the African passport would be in the interest of citizens of countries with "weak" passports, such as southern Sudan and Burundi.
Travelers from southern Sudan and Burundi need visas to visit 48 and 47 African countries, respectively.
It is not known how far African countries agree to this step, as migration experts continue to discuss their positive and challenging challenges, especially their impact on the security of States
Internal controversy on Iraqi politicians visits to Israel
11:34 AM admin
Baghdad/ Iraq TradeLink: The disclosure of the travel of some Iraqi politicians to Israel aroused intense internal controversy that obliged the Iraqi parliament to open an investigation with the names mentioned in the Israeli reports and news.
Though media reports mentioned the visits first, but the Israeli foreign ministry reported on its Twitter account that three Iraqi delegations visited Israel in 2018, despite that Iraq is still in a state of war with the Jewish state.
The Iraqi parliament called for an instigation to disclose the names of those visited the occupied territories, if the visits “turned true”.
The Israeli foreign ministry reported that 15 persons visited Israel from “influential” Sunni and Shiite
sects, where they visited the Holocaust Museum and met Israeli academicians and official.
Israeli museum official said that ten 10 Iraqis visited the museum at the end of December, 2018, but refrained from revealing the names and positions of the Iraqi visitors.
Iraqi Jews called the Jewish state to normalize relations with Iraq and other Arab countries, but the matter is sensitive.
Israel was the only country that supported the separation of the Iraqi Kurdish region from the center, Baghdad.
This is not the only visit to Israel, taking into consideration that ex-MP Mithal al-Alousi visited it in 2008, which visit stirred great uproar within the country.
On the other hand, ala-Qarar Alliance issued a statement on the news of the visit of its parliamentary bloc leader Khalid al-Mifriji.
The bloc said that the news is a “lie” to affect the political position of al-Mifriji.
The denial continued by the Iraqi political blocs, regarding the news as a a move to split the Iraqi political ranks.
.
Iraqi President in Doha next Thursday
Tuesday, January 8, 2019 11:08 AM admin
Baghdad/ Iraq TradeLink: Iraqi President Barham Saleh will officially visit Doha next Thursday.
This is the first trip to Qatar since assumption his post as president.
It is expected that important matters will be discussed with the Qatari authorities.
The visit comes within the frame work of Iraq’s moves to activate its regional and international relations.
Last November, Qatari foreign minister Sheikh Mohammed al-Thani visited Baghdad, which was the second trip within one year to open new chapter of relations between the two countries.
Kauaihn Economic Times:
ISX Update:
ISX ended in Green
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GLOBAL/NEWS/INFO
Today in History
ABC NewsToday in History Read the full story
Here’s the biggest news you missed this weekend
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What Is Perpetuity and Why Does It Matter in 2019?
TheStreetPerpetuity represents the value of cash flow over time - a lot of time. The term perpetuity is largely defined as something that goes on infinitely, but in investing and corporate finance circles, perpetuity takes that "eternal" concept and adds a dollar sign to it. Understanding perpetuity can help not only senior corporate financial decision-makers to better understand the flow of money, but it can also help Main Street Americans - in a limited fashion - improve their financial standing by Read the full story
What to know in the week ahead
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OIL/COMMODITIES/ENERGY
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The commodities to watch in 2019
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Investing.com
Commodities Jan 06, 2019 13:23 GMT Investing.com - In the week ahead, oil traders will continue to monitor developments in U.S.-China trade talks while supply levels will also continue to capture market attention after signs of falling supply last week supported prices. The Organization of the Petroleum Exporting Countries cut crude output in December, a Reuters survey showed, and the American Petroleum Institute reported a 4.5 million-barrel drop in crude inventories. Sentiment was also boosted Read the full story
Oil prices started the week strongly on Monday, lifted by optimism that talks would soon resolve the trade war between the United States and China, while supply cuts by major producers also supported the market. Read the full story
Commodities Jan 07, 2019 06:39 GMT Investing.com - Oil prices gained on Monday in Asia following reports that U.S. President Donald Trump is likely to hold talks with Wang Qishan, China’s vice president, at the World Economic Forum later this month in Davos. The meeting would follow another round of trade talks scheduled to start in Beijing on Monday between U.S. and Chinese officials, the South China Morning Posts reported citing people familiar with the matter. Citing two people familiar with Read the full story
Investing.com
Commodities Jan 06, 2019 13:23 GMT Investing.com - In the week ahead, oil traders will continue to monitor developments in U.S.-China trade talks while supply levels will also continue to capture market attention after signs of falling supply last week supported prices. The Organization of the Petroleum Exporting Countries cut crude output in December, a Reuters survey showed, and the American Petroleum Institute reported a 4.5 million-barrel drop in crude inventories. Sentiment was also boosted Read the full story
Oil prices rise more than 1 pct on trade talks, supply cuts
ReutersOil prices started the week strongly on Monday, lifted by optimism that talks would soon resolve the trade war between the United States and China, while supply cuts by major producers also supported the market. Read the full story
Oil Prices Gain as Trump Set to Meet Vice President of China
Investing.comCommodities Jan 07, 2019 06:39 GMT Investing.com - Oil prices gained on Monday in Asia following reports that U.S. President Donald Trump is likely to hold talks with Wang Qishan, China’s vice president, at the World Economic Forum later this month in Davos. The meeting would follow another round of trade talks scheduled to start in Beijing on Monday between U.S. and Chinese officials, the South China Morning Posts reported citing people familiar with the matter. Citing two people familiar with Read the full story
BANKS/BANKING/CREDIT
Egypt sells $854 mln in one-year dollar T-bills - Central Bank
ReutersEgypt sold $854 million in one-yeardollar-denominated T-bills at an average yield of 3.797 percent,the central bank said on Sunday. Read the full story
Iran's central bank proposes slashing four zeros from falling currency: IRNA
ReutersIran's central bank has proposed slashing four zeros from the rial, state news agency IRNA reported on Sunday, after the currency plunged in a year marked by an economic crisis fueled by U.S. sanctions. Read the full story
Should financial institutions reach more ‘unbanked’ people?
Miami HeraldCEOs were asked: Eight percent of households in the Miami, Fort Lauderdale and West Palm Beach metropolitan area were unbanked in 2017, borrowing money or cashing checks outside the banking system, according to a FDIC survey in October. Should banks increase their efforts to serve the unbanked population, and if so, how?== Read the full story
Inc42 Media
The global financial crises of 2008-09 was a time of reckoning for the financial services sector that had far-reaching consequences on the overall economy. One of the consequences was the amalgamation of two separate industries or sectors that have come to be known as “Fintech”. The industry is characterised by digital innovations and technology-enabled business... Read the full story
How to wean yourself off credit card dependence
NewsdayIf anybody tells you habits are easy to break, don’t believe them. In the Fidelity Investments New Year Financial Resolutions survey, of the more than 2,000 people polled, 29 percent say they plan to pay down debt in 2019. Paying down debt is laudable, but the bigger goal should be to end your dependence on credit cards. Here’s how. Read the full story
Merrill Lynch Won’t Follow Wells Fargo
Barron'sWealth-management chief Andy Sieg says Merrill won’t have an RIA channel. Read the full story
TREASURIES/BONDS/STOCKS
3 Predictions of Where the Dow Jones Industrial Average Will Finish in 2019 (and Why They'll All Probably Be Wrong)
The Motley FoolLooking for a crystal ball? Here's the next best thing. Read the full story
Read This Before Buying Fidelity's Zero-Fee Funds
The Motley FoolGet to know Fidelity's free funds before you invest in them. Read the full story
This Could Be Worse Than 1929
Markets & MoneyThe stock market may have resumed its selloff sooner than we expected. The Dow fell 660 points yesterday after Apple announced weak sales — mostly in China. But what did investors think? Read More The post This Could Be Worse Than 1929 appeared first on Markets & Money. Read the full story
Top 5 Things to Know in the Market on Monday
Investing.comEconomy Jan 07, 2019 10:38 GMT Investing.com - Here are the top five things you need to know in financial markets on Monday, Jan. 7: 1. U.S.- China Trade Talks Kick Off Two days of trade talks between the U.S. and China got underway in Beijing on Monday, with investors hoping the two sides can strike a comprehensive trade deal before the end of a 90-day truce in the trade war. Washington and Beijing have until March 1 to make a deal, after which U.S. President Donald Trump has pledged to ramp up Read the full story
CRYPTO'S / DIGITAL CURRENCY
Ethereum [ETH] Technical Analysis: Coin struggles to keep up with the bull
AMB CryptoThe cryptocurrency market has attained new normalcy in terms of price movement and the subsequent growth. Ethereum [ETH] overtook XRP recently to take the second position and has stuck to it since. After registering tremendous growth for the last few days, the coin has registered a fall of 0.15% in the past hour, at the time... Read the full story
Data Shows Bitcoin Could Be On The Verge Of A Bull Run
ForbesBitcoin 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
RIP ICOs: 2019 Will Be the Year of Enterprise Blockchain Tokens
CoinDeskIn 2019, tokens will invade the enterprise in full force and the line between public and private networks will start to disappear, writes ConsenSys' Ajit Tripathi. Read the full story
Hong Kong investors claim they lost HK$3 million in venture of cryptocurrency promoter thought to be behind ‘money falling from sky’ stunt
South China Morning PostInvestors demand full refund from cryptocurrency businessman Wong Ching-kit, after putting money into ‘mining machines’ Wong later hits back at critics in Facebook post, saying he has been unfairly targeted Read the full story
Litecoin [LTC] overtakes Steller Lumens [XLM]; hikes by 9%
AMB CryptoLitecoin, once, the top seventh cryptocurrency in the world, by market cap, has now become the sixth largest cryptocurrency. It seems to be doing well for itself as its prices have been lit green all day long, while other cryptocurrencies, including Bitcoin [BTC], are trying hard to stay afloat. The prices for LTC were in... Read the full story
Switzerland’s President Is Pro-Crypto
Cryptocoin SpyOne of the issues within the cryptocurrency sector is regulation, as many different countries have varying attitudes towards the space. There are some countries, such as China, that are attempting to crack down on cryptocurrency in general, while there are other countries such as Malta, which aim to be a hub for blockchain innovation. Similarly,... Read the full story
10 crypto events you can expect to see in 2019
VentureBeatIf 2018 was the year we all realized unregulated cryptocurrency offerings (ICOs) would have to be replaced by regulated "security token" offerings (STOs), 2019 is shaping up to be the year we see that regulation implemented. As a result of that change, here are 10 events I predict we'll see in the crypto space within... Read the full story
CURRENCIES
Top 5 Things to Know in the Market on MondayInvesting.com
Economy Jan 07, 2019 10:38 GMT Investing.com - Here are the top five things you need to know in financial markets on Monday, Jan. 7: 1. U.S.- China Trade Talks Kick Off Two days of trade talks between the U.S. and China got underway in Beijing on Monday, with investors hoping the two sides can strike a comprehensive trade deal before the end of a 90-day truce in the trade war. Washington and Beijing have until March 1 to make a deal, after which U.S. President Donald Trump has pledged to ramp up Read the full story
Economy Jan 07, 2019 10:38 GMT Investing.com - Here are the top five things you need to know in financial markets on Monday, Jan. 7: 1. U.S.- China Trade Talks Kick Off Two days of trade talks between the U.S. and China got underway in Beijing on Monday, with investors hoping the two sides can strike a comprehensive trade deal before the end of a 90-day truce in the trade war. Washington and Beijing have until March 1 to make a deal, after which U.S. President Donald Trump has pledged to ramp up Read the full story
Equity, forex investors still adopting 'wait-and-see' approach
MalaysiakiniHowever, analysts say the mood is 'upbeat' for Malaysia's prospects this year. Read the full story
UK's £1 coin is 'going global' with rollout to overseas territories
Daily MailThe Treasury announced that overseas territories and dependencies overseas now have the option to use the new cutting-edge coin technology rather than existing older versions. Read the full story
Rupee hits 5-month high against US dollar
LivemintMumbai: The Indian rupee on Monday rose to a five-month high after the US dollar fell as trade talks between the US and China began and traders weighed possibility of the Federal Reserve pausing interest rate hikes. Traders await India’s advance GDP estimate for the current fiscal year ending in March due to be released after 5.30pm. Annual GDP estimate for year ending March 2019 may come in at 7.2% from prior 6.7%, according to economists. At 9.10am, the rupee was trading at 69.39 a dollar, up Read the full story
Forex- U.S. Dollar Falls Ahead of Fed; Yen Gains Despite Improved Market Sentiment
Investing.comForex Jan 07, 2019 04:13 GMT Investing.com - The safe-haven yen rose on Monday in Asia even after China’s aggressive monetary easing improved investor sentiment, while the U.S. dollar slipped ahead of Wednesday’s minutes of the Federal Reserve’s December meeting and a speech by Fed Chairman Jerome Powell a day later. The USD/JPY pair was down 0.4% to 108.15 by 11:13 PM ET (04:13 GMT). Meanwhile, the yuan was little changed against the U.S. dollar after the People’s Bank of China (PBOC) cut the Read the full story
Nepal writes to RBI to declare banned new Indian currency notes legal
LivemintKathmandu: Nepal has asked the RBI to declare newly circulated Indian currency notes of denominations higher than Rs 100 legal tender in the country, according to media report on Sunday. Read the full story
Australian dollar rises - Inside Retail
Inside RetailAussie dollar rises against the greenback. The post Australian dollar rises appeared first on Inside Retail. Read the full story
The Aussie Dollar Has Mercifully Bounced Back After Last Week's 3-Year Low
PedestrianJust last week, you may have read how the Australian dollar dropped to its lowest point in three years? By Thursday it was buying just 67 US cents and all your travel plans were cancelled? Ok, I'm being dramatic, but still, the point is we back baby. As of 8 am this morning we're buying just... Read the full story
Iran's Central Bank Proposes Reform Of Battered Currency
Radio Free Europe / Radio LibertyThe Iranian Central Bank has proposed a currency reform that would remove four zeros from the rial, Iranian state media have reported. Read the full story
INSURANCE / HEALTH / SCIENCE
Obese, smokers and drinkers to be targeted by healthy living adverts
Daily MailHealth Secretary Matt Hancock said the public must take more responsibility for their own health rather than repeatedly heading back to the doctors for more treatment. Read the full story
Is It A Nasty Cold Or The Flu?
NPRKnowing how to differentiate between symptoms of each can be important, especially if you're at high risk for flu's complications. Influenza can lead to pneumonia, hospitalization and even death. Read the full story
Crush Your 2019 Fitness Goals With This 30-Day Total-Body Challenge
POPSUGARSo you fell off the fitness wagon. It's OK! You just need to find a little motivation to get going, and this 30-day challenge is just the thing to encourage you to move every single day. This challenge takes less than 15 minutes each day, but it's meant to inspire healthy habits and give you the mom ... Read the full story
Hundreds of federal scientists miss conferences in shutdown
ABC NewsHundreds of government scientists are missing three major scientific conferences Read the full story
USA / CANADA
Seven factors to make headway in US-China trade talks
MubasherUS officials and Chinese counterparts are scheduled to start trade negotiations on Monday, 7 January Read the full story
Trump's trade negotiators finally get started with Beijing as 90-day clock ticks
CNN PoliticsPresident Donald Trump claims his administration is "doing very well in negotiations with China," but the US team heading to Beijing this week is starting almost from scratch. Read the full story
National parks face years of damage from government shutdown
National GeographicWhen the government eventually reopens, park experts warn reversing damage won't be as easy as throwing out the trash. Read the full story
Record-Breaking Number Of Americans Want To Get Out Of U.S. Forever
HuffPostPresident Donald Trump may have staked his campaign on making America great ... Read the full story
Here's the most affluent town in every state
Business InsiderThe most affluent town in every state often overlaps with the most educated town. Using data from the Census Bureau, we found the town in each state with the highest median household income. There's a large amount of overlap between income and educational attainment. Incomes vary widely across the United States. The American Community Survey is an annual survey run by the Census Bureau to allow the government, corporate and academic researchers, and anyone who is curious about demographics to Read the full story
EMERGING MARKETS
Venezuela needs politics and diplomacy, not military intervention
The HillDemocratic opposition groups within Venezuela need to organize and, once united, work toward negotiations with government representatives. Read the full story
Wall St Week Ahead-RPT-Fund managers hoping for stock rally look to emerging markets
Reuters(Repeats item initially transmitted on Friday, Jan. 4.) Read the full story
Mexico's president launches ambitious economic plan on the Mexican side of the border
President Andrés Manuel López Obrador launched an ambitious plan Saturday to stimulate economic activity on the Mexican side of the U.S.- Mexico border. Read the full story
MIDDLE EAST
Iran Warns Europe Time for Saving JCPOA Coming to End
IFP NewsThe spokesman for Iran’s Foreign Ministry has cautioned the European Union it should be quick to take measures to salvage the 2015 nuclear deal, since Iran is running out of patience with Europeans due to their failure to fulfill pledges to compensate for the US withdrawal.Read the full story
Higher gov't spending, interest rates to boost Saudi lenders’ growth
MubasherSaudi Arabia’s banks are expected to double their earnings growth this year. Read the full story
US withdrawal from Syria won't happen without deal to protect the Kurds, White House says
CNBCBolton described the stipulation as President Donald Trump's position, responding to numerous questions over Washington's support for its Kurdish partners in the wake of the president's surprise announcement to pull out the roughly 2,000 deployed U.S. troops from Syria.Read the full story
Syrian opposition says surprised by countries reconciling with Assad
ReutersSyria’s chief opposition negotiator said on Sunday he was surprised by countries rebuilding ties with the Syrian government and urged them to revisit their decision. Read the full story
Three Iraqi delegations visited Israel in recent months: report
i24 NewsIsrael hosted three delegations of local leaders from Iraq in recent months in yet another unprecedented turnaround in the ties between the Jewish state and its Arab neighbors, Hadashot TV reported on Sunday. 15 Iraqi leaders have reportedly met with Israeli government officials, academics and visited the Yad Vashem Holocaust museum in Jerusalem. The trips were made in secrecy as not to infuriate Iraq’s neighbor Iran, which is an ally of the Arab state and an enemy of Israel. Hadashot TV's Read the full story
AFRICA
Congo-Kinshasa: Congo Election Results Delayed As U.S. Deploys Troops to Africa
AllAfrica(Photo: Radio Okapi/Youtube Screenshot) The results of last weekend's presidential vote in the Central African nation will be delayed by a week, the electoral commission has announced. The Catholic Church has warned of a popular "uprising" over untrue results. The first vote tallies from Congo's December 30 presidential election will be delayed past Sunday's deadline, the head of the election commission has said. Election authorities announced that less than half of the ballots had been counted Read the full story
Libya's oil revenue rose to $24.4 billion in 2018: NOC
Reuters
Libya's oil revenue rose to $24.4 billion in 2018, up 78 pct from 2017, Libya's National Oil Corporation (NOC) said in statement on Sunday. Read the full story
Reuters
Libya's oil revenue rose to $24.4 billion in 2018, up 78 pct from 2017, Libya's National Oil Corporation (NOC) said in statement on Sunday. Read the full story
Kenya: Solar-Pumped Water Slakes Rural Kenya's Thirst for Development
AllAfrica(Photo: Kagondu Njagi/Thomson Reuters Foundation) Marimanti Stooped over knee-high rows of green gram plants at her farm in eastern Kenya, Grace Kaari hums to herself as she slices out weeds with a blunt machete. Two years ago, Kaari would not have had time to tend her crop in the morning. Instead, she would have been traveling to gather water, at a river 12 kilometres (7 miles) away. "I used to spend the whole day fetching water. I could not do anything else for the day because of tiredness," Read the full story
Kenya: Solar Motorcycles Take On Nairobi Smog
AllAfrica(Photo: Sophie Mbugua/DW) Nairobi's reliance on motorcycles is hindering efforts to reduce carbon emissions, as manufacturers struggle to adapt to clean energy technology. But a new solar-powered three-wheeler could help clean up the city's act. Kenya has a motorcycle problem. According to the Kenya National Bureau of Statistics, more than 190,000 new motorcycles and three-wheeled vehicles were registered in 2017, compared to approximately 66,000 cars. This trend has continued into 2018, with Read the full story
ASIA
China shares gain after cenbank slashes reserve requirements
Reuters* SSEC 0.4 pct, CSI300 0.4 pct, HSI 0.7 pct * Analysts see limit on further macro loosening * Yuan strengthens to 6.8455 per dollar SHANGHAI, Jan 7 (Reuters) - China stocks climbed on Mondayafter the country's central bank slashed the amount of cash thatbanks must hold in reserve in an attempt to avoid a sharpeconomic slowdown, but worries over growth and trade continue todent investor sentiment. ** At midday, the Shanghai Composite index was 0.44percent higher at 2,525.83 points. ** China's Read the full story
Seven factors to make headway in US-China trade talks
MubasherUS officials and Chinese counterparts are scheduled to start trade negotiations on Monday, 7 January Read the full story
As China and US spar over tech, scientists would rather not talk about their talent awards
South China Morning PostChinese researchers facing visa issues and tighter scrutiny in America – especially those who are part of schemes like Beijing’s Thousand Talents Plan Programmes to lure brightest minds to China are now highly sensitive and the US has linked them to forced technology transfers and loss of know-how Read the full story
South China Morning Post
China’s National People’s Congress Standing Committee authorities a new wave of infrastructure bond issuance worth US$202 billion ‘ahead of schedule’ A surge in local government debt may complicate Beijing’s long-term goal of reining in financial risks Read the full story
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
US and North Korea negotiating location for second summit - Trump
BBC News USThe US president says a "good dialogue" is taking place with North Korea but sanctions will remain. Read the full story
Southeast Asia has major doubts about US reliability in the region, but still wary of China: survey
South China Morning PostMore than 68 per cent of those canvassed lack confidence in the US as a ‘strategic partner and provider of regional security’ But there is also the recognition of Beijing as the unstoppable force it has become, amid an increasing realisation that resistance is futile Read the full story
Vietnam targets 14-percent credit growth this year - report
ReutersThe State Bank of Vietnam istargeting a 14 percent increase in banks' total lending thisyear, in line with the credit growth seen last year, state mediareported on Monday. Read the full story
EUROPE
UK leader May: Brexit critics risk damaging UK democracy
ABC NewsBritish Prime Minister Theresa May is warning critics of her Brexit deal that they risk damaging Britain's democracy and its economy by opposing her plan Read the full story
Britons would now vote to stay in EU, want second referendum: poll
ReutersMore Britons want to remain a member of the European Union than leave, according to a survey published on Sunday which also showed voters want to make the final decision themselves. Read the full story
PM May says if Brexit deal is rejected, UK will be in uncharted territory
ReutersPrime Minister Theresa May said onSunday that Britain would be in uncharted territory if herBrexit deal is rejected by parliament later this month, denyingreports that should could seek to delay the lawmakers' vote fora second time. Read the full story
MPs to mount a Trump-style Government shutdown to stop no deal Brexit
Daily MailTheresa May is braced for a fresh Brexit battle as MPs return to Parliament this week still locked in the bitter row over Britain's looming departure from the EU. Read the full story
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Tuesday 1/8/19 did update on the indicative rates Sell Rate 1190
The currency auction is 161,138,200
The Central Bank of Jordan (CBE) dated 2019/1/7, conducted an auction of ICD305 for the sale of certificates of Islamic deposit for 30 days and 50 billion dinars (JD 50 billion). Certificates were sold at (38) billion dinars at a uniform rate and at the highest rate of return (1.5% , And the number of participants (2) banks have won the amounts provided.
Bank Article
Labor issued 43 thousand smart cards
2019/1/8 11:03 80 times recited
[Ayna-Baghdad]
The Ministry of Labor and Social Affairs announced the issuance of more than 43,000 smart cards to families covered by social welfare benefits.
The Ministry of Labor and Social Affairs announced the issuance of more than 43,000 smart cards to families covered by social welfare benefits.
A brief statement by the ministry said the issue was "within the new two [three and four] meals in preparation for the release of their salaries."
Central Bank sets 20 banks to eliminate the space
Editorial Date: 2019/1/8 11:44 • 41 times read
The Central Bank of Iraq said that the settlement of salaries to employees is an important measure to eliminate the aliens who receive more than a salary from the state and restore confidence between the citizen and the banking sector.
"The settlement of salaries is done with the approval of the Central Bank of the recognized banks, whether governmental or private, and according to the conditions of the Central Bank and its law, and the employee has the right to choose to settle his salary as he believes in the service provided by the bank" .
Hussein added that "the Central Bank approved 20 government banks to settle salaries for employees of the government sector and private."
"This measure will eliminate the people in government departments who receive more than salaries from the government departments, in addition to the benefits that the employee will earn from the bank, which will be settled from the advances, loans and banking facilities."
He demanded that "the employees to settle their salaries in any bank they see fit for their aspirations," noting that "this measure will do the relationship between citizens and banks and will rebuild confidence for the banking sector.
Hussein added that "the Central Bank approved 20 government banks to settle salaries for employees of the government sector and private."
"This measure will eliminate the people in government departments who receive more than salaries from the government departments, in addition to the benefits that the employee will earn from the bank, which will be settled from the advances, loans and banking facilities."
He demanded that "the employees to settle their salaries in any bank they see fit for their aspirations," noting that "this measure will do the relationship between citizens and banks and will rebuild confidence for the banking sector.
Rafidain continues to grant housing loans and reveals the reason for the suspension of 100 salaries
Release date: 2019/1/8 9:05 • 415 times read
{Baghdad: Al-Furat News} Rafidain Bank, announced the continuation of granting loans to buy housing units in investment projects.
The bank's information office said in a statement received by the agency {Euphrates News} a copy of housing loans, "according to the controls on the basis of 100 nominal salary and does not exceed the maximum of 75 million dinars for local employees salaries and 40 million dinars for citizens."
He added that "the bank grants loans in the protection of housing and interest at 4 percent per annum, in addition to the grant of construction loan to citizens up to 50 million after the provision of collateral for residential land not less than 200 square meters."
The statement pointed out that "the suspension of granting loans to 100 employees of the state departments came because of the high risk to the bank and not to achieve the goal by the beneficiaries."
He added that "the bank grants loans in the protection of housing and interest at 4 percent per annum, in addition to the grant of construction loan to citizens up to 50 million after the provision of collateral for residential land not less than 200 square meters."
The statement pointed out that "the suspension of granting loans to 100 employees of the state departments came because of the high risk to the bank and not to achieve the goal by the beneficiaries."
No update yet
Value Traded
267,004,497
Shares Traded
419,923,511
Kauaihn Chatter:dd
1-7-2019 Intel Guru Frank26 ...NO ONE KNOWS THE DATE NOR RATE UNTIL THE CBI POST IT...
1-7-2019 Intel Guru RayRen98 Reportedly, 4 of PM Madhi's Parliament ministers will be expelled due to their alleged activity with the government corruption. If so, that will leave 7 cabinet seats to be filled instead of 3. [Hmmmm, will it even make a difference? Time Will Tell] Iraqi TV broadcasts a Parliament spokesperson indicating that Tuesday's session will NOT produce a resolution for the remaining cabinet members because of the ongoing turmoil and submittal of the same names previously rejected...
1-7-2019 Intel Guru RayRen98 Reportedly, 4 of PM Madhi's Parliament ministers will be expelled due to their alleged activity with the government corruption. If so, that will leave 7 cabinet seats to be filled instead of 3. [Hmmmm, will it even make a difference? Time Will Tell] Iraqi TV broadcasts a Parliament spokesperson indicating that Tuesday's session will NOT produce a resolution for the remaining cabinet members because of the ongoing turmoil and submittal of the same names previously rejected...
1-7-2018 Newshound/Intel Guru Mnt Goat Why do I keep saying “reinstate” instead of “revalue”? The CBI can’t revalue the dinar since it is not even yet on the global trading platforms. ...We must go by pure definition of what being traded means...To be “traded” means that the dinar can be bought and sold on the “open” global currency exchanges like other currencies. It also means that investors in currencies such as hedge funds, investment brokerages, etc, etc can legally pick up the dinar and place them in portfolios such as 401k, retirement funds, mutual funds, etc...The CBI itself tells me they must first “reinstate’ the dinar and in this process they expect a significant rate change. This process stems around the “project to delete the zeros”. They tell me this project must coincide closely with the reinstatement process. This is what we watch and wait for not a revaluation.
1-7-2019 Intel Guru Frank26 Article: "Iran is moving to remove zeros from its currency and curb inflation" [IMO this is a lop.] CORRECT...THE COMPLETE OPPOSITE OF IRAQ'S RI!!! THERE IS ALL THE REASON FOR THE IRANIAN RIAL TO LOP ...AS THERE IS ALL REASON FOR THE IRAQI DINAR TO RD/RV/RI!!!
1-7-2019 Newshound/Intel Guru Walkingstick Article: "Iran is moving to remove zeros from its currency and curb inflation" Comparing, apples- oranges... There are no comparable factors between Iraq/ Iran and why they have opted to RD their currencies.... The manner in which it will be employed and or the expectation of results after the fact...In short: Irans reasoning/ necessity due to inflation spiraling out of control, approaching hyperinflation...A factor non existent in Iraq...
1-7-2019 Intel Guru ADMINBILL Still hearing good things so don't be discouraged. Once again, until all of my contacts agree because they have proof in hand then we continue our watch.
1-7-2019 Intel Guru Frank26 Article: "Iran is moving to remove zeros from its currency and curb inflation" [IMO this is a lop.] CORRECT...THE COMPLETE OPPOSITE OF IRAQ'S RI!!! THERE IS ALL THE REASON FOR THE IRANIAN RIAL TO LOP ...AS THERE IS ALL REASON FOR THE IRAQI DINAR TO RD/RV/RI!!!
1-7-2019 Newshound/Intel Guru Walkingstick Article: "Iran is moving to remove zeros from its currency and curb inflation" Comparing, apples- oranges... There are no comparable factors between Iraq/ Iran and why they have opted to RD their currencies.... The manner in which it will be employed and or the expectation of results after the fact...In short: Irans reasoning/ necessity due to inflation spiraling out of control, approaching hyperinflation...A factor non existent in Iraq...
1-7-2019 Intel Guru ADMINBILL Still hearing good things so don't be discouraged. Once again, until all of my contacts agree because they have proof in hand then we continue our watch.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Mahdi's website)
At the time this report was submitted, there were no new articles posted on PM Mahdi's website.
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ARTICLE 2 (from Government of Iraq twitter account):
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 1-7-2019 around 8:30 am Eastern
As part of the @IraqiGovt’s strategy to build Iraq’s national military technology, the Ministry of Industry opens several new lines for the production of armoured combat vehicles, anti-armour mines and drones.
The @IraqiGovt
sends its best wishes to the Iraqi national football team participating in
#AsianCup2019. The entire country is behind you
!
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ARTICLE 3-A
IMPORTANT The parliamentary session adjourned to Thursday
2019/1/8 12:26 * 13 times read
To postpone the session of parliament to Thursday.
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ARTICLE 3-B
The postponement of the parliament session to Thursday after postponing half an hour for non-quorum
BAGHDAD, Iraq - January 8: Parliamentary sources familiar with the postponement of the House of Representatives, the usual meeting scheduled for Tuesday, half an hour for not complete the quorum required.
"The meeting was adjourned until Thursday," the sources said, without giving further details.
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ARTICLE 4
Human rights; the suffering of IDP camps continues, most notably the residents of Jada camp 6 in Nineveh
BAGHDAD, Jan. 7 (Xinhua) - The head of the UN High Commissioner for Human Rights (UNHCR) said on Monday that "the suffering of displaced people has been going on for years.
"The reason for the power outages is due to the termination of the generators' operation contracts. The number of displaced persons in Jada'a camp is 15 thousand displaced persons and the number of tents is 3600 tents, and they are suffering very difficult humanitarian conditions because of bad weather, cold weather and rain, The Ministry of Immigration and Displaced revealed that it has completed the procedures of the contract concluded between it and the company equipped for electricity and we through our supervisory role in the High Commission for Human Rights we call on the concerned parties to expedite the return of electricity to these displaced. Finished
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ARTICLE 5
Warnings of taking rice daily
BAGHDAD - A series of new studies have warned that we can inadvertently introduce ourselves to harmful bacteria and toxins by eating seemingly safe foods.
Regular intake of rice - the largest source of food for inorganic arsenic - could lead to the accumulation of toxic chemicals in the body, researchers said.
Broccoli contains high concentrations of polycyclic aromatic hydrocarbons - a carcinogen according to the International Agency for Research on Cancer - which do not pose immediate risk, but may cause long-term damage.
Zheng Chu of the University of Michigan, Indiana University, analyzed arsenic research in rice and looked at the amount of this substance that could enter the stomach and be digested to reach the blood.
After reviewing 143 studies, Zhou found that between 73 and 88 percent of the arsenic deal was disintegrating and entering the consumer's circulation system, according to the British Daily Mail.
The study reopened the debate on the dangers of rice. A few years ago, some food reports said the main food could be poisonous and urged parents to reduce the amount of rice that was fed to their children.
Studies suggest that rice cooked with more water (6: 1) helps reduce arsenic levels, and brown rice lovers should turn white if they want to reduce arsenic levels.
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