I took this picture because I knew they would post articles later in trillions of dinars
TNT Update
Parliament's morning session was postponed until 7:00 PM.
The budget is now targeted for Thursday's session.
Alak is on Iraqi TV stating that the budget will be approved indicating verification of its' content. #wearethepeople
WOTS Wednesday 1/23/19:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,166.3000 | 1,166.3000 | 1,166.3000 | | 20:00 |
| USD/VND | | | 23,194.0000 | 22,833.4000 | 22,833.4000 | | 04:15 |
| USD/CNY | | | 6.8072 | 6.7753 | 6.7980 | | 06:07 |
| USD/KWD | | | 0.3030 | 0.3023 | 0.3025 | | 06:24 |
| GBP/USD | | | 1.3020 | 1.2944 | 1.2953 | | 06:25 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,212.2000 | 14,151.5000 | 14,210.2000 | | 06:25 |
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DC NY Iraq Articles:dd
URGENT The House of Representatives postponed its session to 7 pm
Editorial date:: 2019/1/23 14:06 • 25 times read
Iraqi parliament votes today to complete the cabinet reshuffle
Wednesday 23/1/2019 at 3:17 am
BAGHDAD -
The head of the Iraqi Council of Representatives, Mohammed Halbusi, yesterday that the parliamentary session scheduled for today will witness the vote on the completion of the current cabinet formation led by Adel Abdul Mahdi.
During the parliamentary session yesterday, Al-Halbusi told the members of the House of Representatives, that the agenda of today's session, will include a vote on the financial budget for the current year, and the completion of the cabinet, without further details. The portfolios of "interior, defense and justice" are still vacant in the government of Prime Minister Adel Abdul Mahdi, despite eight months of parliamentary elections last year.
In a letter addressed to parliament by Abdul-Mahdi, which was seen by the Anatolia Agency on Monday, the Prime Minister nominated Judge Arkan Kader Bibani to take over the Ministry of Justice.
Abdul-Mahdi also nominated civil activist Safaneh al-Hamdani for the education portfolio, instead of Shaima al-Hayali, who resigned on Dec. 29, four days after she was given confidence in parliament. The ministries of "Interior and Defense", the biggest obstacle in the way to complete the formation of the government, due to deep differences between the political blocs on the candidates.
Put a condition on the territory in the budget .. Oil for salaries
Editorial Date: 2019/1/23 11:51 • 125 times read
(Baghdad: al-Furat News) revealed a member of the Finance Committee parliamentary, on the condition of the province of Kurdistan in the financial budget for the year 2019 on the salaries of staff of the province and the Peshmerga forces.
Hoshyar Abdullah said in a press statement that "the last serious dialogue was held yesterday with the President of the House of Representatives (Muhammad Halbousi) and political blocs and reached an agreement that if the Kurdistan region did not commit to export oil, will be sent salaries of regional and Peshmerga employees by the federal government "He said.
He explained that "after a serious dialogue Tuesday night with the Speaker of the Parliament and political blocs, was installed in the draft budget in 2019 in Article 10 / paragraph {c}, that if the Kurdistan region did not commit to export oil, Baghdad will send salaries of employees and Peshmerga.
"It will be Wednesday and before the start of the parliament session to read this paragraph and its text, table and figures and then vote on the budget of 2019 in today's meeting."
The MP for the Kurdish change bloc, "The duty of the Kurdistan Regional Government and with the ratification of the budget to cancel the system of savings in salaries, because it will be able to pay full salaries."
He explained that "after a serious dialogue Tuesday night with the Speaker of the Parliament and political blocs, was installed in the draft budget in 2019 in Article 10 / paragraph {c}, that if the Kurdistan region did not commit to export oil, Baghdad will send salaries of employees and Peshmerga.
"It will be Wednesday and before the start of the parliament session to read this paragraph and its text, table and figures and then vote on the budget of 2019 in today's meeting."
The MP for the Kurdish change bloc, "The duty of the Kurdistan Regional Government and with the ratification of the budget to cancel the system of savings in salaries, because it will be able to pay full salaries."
Deputy: Reform of the ration card file begins with the replacement of five officials in trade
Release date: 2019/1/23 8:22 • 216 times read
(Baghdad: Al-Furat News) MP on the block of a coalition of state law, high Nassif, the Minister of Commerce to carry out radical reforms in the ration card file through the replacement of department managers responsible for the vocabulary and exclusion of those who have existed since the time of the former minister.
"The Iraqi citizen was holding hopes on the new Minister of Commerce to bring life back to the ration card, which has seen great corruption during the last period, not only in terms of poor quality of its vocabulary and the deciphering and importation of the originals," Nasif said in a statement issued by its media office. And the only beneficiary is the corrupt who tamper with the strength of the people, "asserting:" The lack of any reform in this file will create disappointment among the citizens. "
"We hope that at least the directors of the flour, rice and wheat sections of the General Company for Cereal Trade and Oil, Sugar and Baby Milk will be replaced at the General Company for Food Trade," Nassif added.
She pointed out that "the replacement of department managers will be the first and most fundamental reform in the ration card file, with the need to follow up the issue directly by the Minister and regulatory bodies."
"We hope that at least the directors of the flour, rice and wheat sections of the General Company for Cereal Trade and Oil, Sugar and Baby Milk will be replaced at the General Company for Food Trade," Nassif added.
She pointed out that "the replacement of department managers will be the first and most fundamental reform in the ration card file, with the need to follow up the issue directly by the Minister and regulatory bodies."
Hakim and Obeidi stress the need to speed up the completion of the government cab
Policy 2019/01/23 0:10 184
Baghdad today _ Baghdad
The head of the Alliance for Reform and Reconstruction, Ammar al-Hakim, and leader of the coalition Khaled Obeidi, on Tuesday, the need to speed up the completion of the government cab.
"We discussed during the reception of Khaled al-Obeidi today, developments in the political scene in Iraq and the completion of the government cab and the future prospects of the Alliance of Reform and Reconstruction."
He added: "We stressed the need to accelerate the completion of cabinet cabins with qualified personalities able to implement the government program," pointing out "to emphasize the importance of the openness of the coalition of reform and reconstruction on various forces and political figures and maintain communication with them in the service of the public good."
He pointed out that in the internal affairs of the Alliance for Reform and Reconstruction, "we have taken great steps in the institutionalization of the coalition and the constructive interaction of the reform.
Adopting the national strategy to confront threats of weapons of mass destruction
Wednesday, January 23, 2019 - 12:02 AM
The National Security Council held its weekly session under the chairmanship of Prime Minister Adel Abdul Mahdi, while endorsing the national strategy to confront threats of weapons of mass destruction. The Council also discussed a number of security issues.
A statement from the Prime Minister's Office received a copy of it that the Council hosted the governor of Kirkuk and security and local officials in the province to check on its security and stability, and discussed the reality of the province in all aspects and emphasize the importance of strengthening efforts to pursue the remnants of the organization calling for terrorism and smuggling gangs and crime,
Abandon a plan to target Fallujah
Editorial date: • 2019/1/23 0:00 • 64 times scheduled
BAGHDAD (Reuters) - Popular forces on Tuesday foiled a plot by terrorist gangs to target the city of Fallujah through a tunnel that leads from the Martyrs' Square to the city's structures.
"The second brigade forces in the popular crowd were able to find a tunnel that leads from the Shuhada area to the structures of the Falluja district," a crowd statement said.
He added that "the tunnel, which was found in a joint intelligence operation with the band 14 Iraqi army intended to a number of criminals calling for use by infiltration to carry out terrorist operations targeting the people of Fallujah safe," noting that "the engineering effort of the second brigade completely destroyed.
He added that "the tunnel, which was found in a joint intelligence operation with the band 14 Iraqi army intended to a number of criminals calling for use by infiltration to carry out terrorist operations targeting the people of Fallujah safe," noting that "the engineering effort of the second brigade completely destroyed.
Kauaihn Iraq Articles:dd
URGENT UN delegation arrives in Najaf to meet with Imam al-Sistani
Editorial date: 2019/1/23 10:38 • 295 times read
(Najaf Ashraf: Euphrates News) arrived a delegation from the United Nations to the province of Najaf, on Wednesday morning.
According to the correspondent of the agency {Euphrates News} that "a delegation of nations specialized in the investigation of crimes and arrived in Najaf to meet with the Supreme Religious Leader
Grand Ayatollah Imam Ali al-Sistani.The governments of six provinces call for the formation of a joint parliamentary bloc to demand rights from Baghdad
The governments of six provinces call for the formation of a joint parliamentary bloc to demand rights from Baghdad
23/01/2019 12:18 PM | Number of readings:
Al-Ahed News - Salah al-Din
Six governors held a consultative meeting in the province of Salah al-Din, on Wednesday, to discuss a number of files related to their provinces.
The participants stressed that it should be a regular meeting with the leaders of the joint operations in Baghdad to put forward proposals to resolve the obstacles and miss the opportunity for all terrorist operations
He called the Governor of Salah al-Din Ammar al-Jabr, to form a joint parliamentary bloc to demand the rights of these destroyed provinces, while stressed the governor of Nineveh, Nofal al-Akoub, To form a joint military command to maintain security.
For his part, Governor Diyala Muthana Tamimi: We as governorates affected by the amount of funds granted to the provinces is almost non-existent in light of suffering in all sectors, noting that 18 billion is the province budget for 2018, while the allocations of Salahuddin Ninewa 100 billion for the provinces of Salah al-Din and Nineveh.
He stressed Tamimi, to be an escalation of the ceiling of the budget of Diyala province in 2019.
The Governor of Diyala, we have joint operations with the Kurdistan region, indicating that he must identify the source of these areas, which we always have martyrs, We must go out in any political direction and focus on serving our provinces away from politics."
Mohammed al-Hakim discusses with Aboul Gheit regional developments
23/1/2019 00:05
BAGHDAD /Foreign Minister Mohamed Ali al-Hakim discussed with Arab League Secretary-General Ahmed Aboul Gheit on Tuesday regional developments.
BAGHDAD /Foreign Minister Mohamed Ali al-Hakim discussed with Arab League Secretary-General Ahmed Aboul Gheit on Tuesday regional developments.
A statement by Hakim's office received by Al-Ghad Press that Minister Egy had telephoned the Secretary-General of the League of Arab States, Dr. Ahmed Aboul Gheit, and discussed regional developments and their repercussions on the Arab region.
He added that "the importance of developing a common strategy of action, continuing coordination and consultation to resolve the crises it is experiencing has been discussed."
10 / 8K card .. Minister of Communications approves the reduction of the prices of cards wireless system
2019/01/23 00:16 585 Editor:
Baghdad today - Baghdad
Minister of Communications Naim al-Rubaie confirmed on Wednesday the new cuts in the prices of cards for the national telecommunications system, to become cartons of the category of 10, 8 thousand dinars and the category of 15, 10 thousand dinars.
The ministry said in a statement received by Baghdad that "the Minister of Communications has approved the new cuts in the prices of cards for the national system of wireless and modify the tariff of international calls to remain much lower than the tariffs of other companies.
She added that "the prices became in light of this as follows: Card category of 10000 dinars becomes 8000 dinars and a card from the category of 15000 dinars becomes 10000 dinars and card 25000 dinars will become 15000 dinars."
"In addition, the KD 5000 card is kept at its current price unchanged and in terms of call prices, it is very cheap, with 5 dinars in the network and 50 dinars with other companies, and keep the international calls on this network much lower than in mobile phones."
"These reductions are competitive offers in Baghdad and the provinces in front of other companies in order to spread more and increase the demand to benefit from its services and stay at the level of services qualified to compete with other companies."
The Ministry of Communications, "its employees, has reserved the acquisition of Wataniya wireless segments to benefit from these reductions, as well as to promote their services and in order to develop the system called for following up the results of these reductions and preparing continuous studies to know the strengths and faults if any."
Sadiq: American forces patrolling their vehicles and their soldiers in the provinces
23-01-2019 12:45 AM
Baghdad:
The head of the Sadigoun bloc in the Iraqi Council of Representatives, affiliated to the movement of Asaib Ahl al-Haq, Hassan Salem, Tuesday, that the US forces roaming in some provinces, mechanisms and soldiers.
Salem said in a press statement 'there is a strong desire by the House of Representatives to legislate the law to remove foreign troops from Iraq,' pointing out that the vote will be during the coming sessions.
The head of the parliamentary bloc that 'US forces are provoking large'.
KDP Says It Had Positive Meeting with Gorran
ERBIL- The Kurdistan Democratic Party’s (KDP) has considered its Tuesday's meeting with the Change Movement (Gorran) positive, saying that both sides have "mutual understanding" towards the formation of a new cabinet in Erbil.
Talking to Kurdistan 24, KDP politburo member Hoshyar Zebari, described the meeting as "positive", pointing out that his and Gorran parties stressed the significance of establishing the next Kurdistan Regional Government (KRG).
"We reached a mutual understanding regarding the critical issues at hand. Both sides agreed on terms of participation in the new government and what should be considered the top priority," Zebari said.
Meanwhile, Gorran has made similar comments on the meeting, noting that it is in negotiations with the KDP on the process of formation of a new government.
However, Dana Abdulkarim, a member of Gorran's negotiating delegation, told BasNews that his party has not made a final decision to wether participate in the next KRG or refuse to do so, but that they had positive discussions with the KDP on the issue.
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
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GLOBAL/NEWS/INFO
IMF Cuts World Economic Outlook, Warns of Escalating Risks from Trade Tensions
Economy Jan 21, 2019 13:00 GMT Investing.com - The International Monetary Fund cut its forecasts for the global economy and warned that downside risks are rising as trade tensions continue to weigh on the outlook. In the latest update to its World Economic Outlook, the IMF cut its projection for global growth to 3.5% in 2019 with a minor recovery to 3.6% in 2020. In the previous update in October, it had predicted 3.7% growth for both years. “The downward revisions are modest; however, we Read the full story
Davos opens with US vs. China contest emerging as 'the key problem of our time'
CNBC
In some 25 years of attending Davos, the Atlantic Council's Fred Kempe says he's never seen "such concern among its attendees about emerging risk." Read the full story
World economy forecast to slow in 2019 amid trade tensions
ABC News
International Monetary Fund says world economic growth will fall to 3.5 percent this year, slowed by trade tensions, higher interest rates. Read the full story
Here's the biggest news you missed this holiday weekend
USA TODAY
From Trumps' migrant offer to end the shutdown to a Mueller's balk at a Buzzfeed report, here's what to know from the Martin Luther King Day weekend. Read the full story
10 Things to Know for Today
ABC News
Among 10 Things to Know: Trump's proposal to break budget deadlock falls flat; 3 groups, many videos and interpretations of DC encounter; 'A Star Is Born', 'Black Panther', 'The Favourite' and 'Roma' favored for Oscar nominations Read the full story
OIL/COMMODITIES/ENERGY
Gold Prices Fall to 2019 Low
Investing.com
Commodities Jan 21, 2019 12:40 GMT Investing.com - Gold prices declined on Monday, falling to their lowest level of the year as investor risk appetite held up despite the latest data showing China’s 2018 economic growth slowing to a near three-decade low. Comex gold futures were down $5.35, or around 0.4%, to $1,277.25 a troy ounce by 7:40AM ET (12:40 GMT). The precious metal hit a low of $1,276.80 earlier, the weakest since Dec. 28. There will be no floor trading on the Comex on Monday because Read the full story
Copper drops on soft Chinese data
Mubasher
Mubasher
Copper prices on Monday fell as Chinese data confirming market worries that growth in the world’s second largest economy is losing momentum. Read the full story
Oil gloom turns to boom as the market’s worst fears fade away
My San Antonio
My San Antonio
Investors are the most optimistic on oil in two months as the worst fears that roiled markets at the end of the year start to dissipate. Hedge funds boosted their net wagers on rising Brent crude prices by 9 percent in the week ended Jan. 15, mostly because they continued to unwind a short-selling spree from the end of 2018, data from the ICE Futures Europe exchange show. Read the full story
Oil and gas executives expect to boost spending this year: survey
Reuters
The majority of senior energy industry executives expect to maintain or increase spending this year to meet demand for oil and gas after years of austerity, a survey by DNV GL shows. Read the full story
Oil Prices Rise Despite Weak China Growth as U.S. Production Slows
Investing.com
Commodities Jan 21, 2019 15:05 GMT Investing.com - Oil prices traded higher on Monday as investors shrugged off weak data from China and focused on another decline in U.S. drilling, suggesting that the recent increase in U.S. production could be about to level off. New York-traded West Texas Intermediate crude futures gained 12 cents, or 0.22%, at $54.31 a barrel by 9:57 AM ET (14:57 GMT). Meanwhile, Brent crude futures, the benchmark for oil prices outside the U.S., traded up 32 cents, or 0.51% Read the full story
BANKS/BANKING/CREDIT
Will Wells Fargo Raise Its Dividend in 2019?
The Motley Fool
The bank continues to go through tough times, but investors still want higher payouts. Read the full story
3 Bank Stocks That Crushed Earnings Last Week
The Motley Fool
These three banks delivered expectation-beating fourth-quarter earnings. Read the full story
Venezuela gold holdings in Bank of England soar on Deutsche deal: sources
Reuters
Venezuela's gold holdings in the Bank of England have jumped after it closed out a gold swap deal with Deutsche Bank, according to two sources, as Britain remains reluctant to release gold held for the troubled OPEC nation. Read the full story
Switzerland: Falcon Private Bank Offers Direct Transfers to Crypto
Crowdfund Insider
Falcon Private Bank says it is the first Swiss private bank to enable direct transfers of several cryptocurrencies for both private and institutional clients. According to a release from the firm, clients may now transfer to and from segregated Falcon wallets, Bitcoin, Bitcoin Cash, Ether,... Read More The post Switzerland: Falcon Private Bank Offers Direct Transfers to Crypto appeared first on Crowdfund Insider. Read the full story
TREASURIES/BONDS/STOCKS
China, Hong Kong stock markets buoyed by trade hopes, dismiss data showing slower GDP growth on mainland
South China Morning Post
South China Morning Post
Hong Kong and mainland stocks edged up Monday as optimism over US-China trade relations won over fresh data showing that China’s GDP grew at its slowest rate since the global financial crisis. The Hang Seng Index closed up 0.39 per cent, or 105.73 points,… Read the full story
Asian shares, U.S. stock futures slip as growth worries loom
By Swati Pandey SYDNEY (Reuters) - Asian shares and U.S. stock futures slipped on Tuesday amid signs of pessimism about world growth, while sterling dithered as the latest plan...
Top 5 Things to Know in The Market on TuesdayInvesting.com
Economy Jan 22, 2019 10:23 GMT Investing.com - Here are the top five things you need to know in financial markets on Tuesday, January 22: 1. U.S. Futures Point to Shaky Open U.S. stock futures pointed to a sharply lower open at the start of the trading week, as worries about a global economic slowdown weighed on sentiment. At 5:20AM ET (10:20 GMT), the blue-chip Dow futures were down 137 points, or about 0.55%, the S&P 500 futures slumped 16 points, or around 0.6%, while the tech-heavy Nasdaq Read the full story
CRYPTO'S / DIGITAL CURRENCY
A Coinbase Exec Is Predicting Bitcoin Will Turn A Big Corner This Year
Forbes
Bitcoin and the wider cryptocurrency has struggled over the last year as sky-high expectations for the sector after 2017's massive bull run have either stalled or been delayed... Read the full story
Bitcoin SV [BSV] Technical Analysis: BSV opens the week with a decline as bears move in
AMB Crypto
The cryptocurrency market opened the week with yet another low, following the trend of the previous weeks. The collective market cap is down to $120 billion, as all major coins are flushed in red. Bitcoin SV [BSV], the BCH hardfork, surged by over 6 percent in a single day on January 14, but now is barely... Read the full story
Bitcoin Transferred More Than $3.2 Trillion in Value Last Year - Bitcoinist.com
Bitcoinist.net
Bitcoin’s (BTC) layer 1 transaction volume in 2018 was $3.2 trillion. Furthermore, over $2.2 trillionof Bitcoin was traded throughout last year – almost four times more than the amount traded in 2017, despite the falling prices. $3.2 Trillion Transferred Despite Lower Price Twitter account Satoshi Capital Research (@chartingbitcoin) has shared some statistics of Bitcoin’s performance in 2018 compared to previous years. Accordingly, Bitcoin’s total traded volume for 2018 is $2.2 trillion, which Read the full story
Licensed Crypto Exchange Covesting Introduces Fiat Gateway
Benzinga
GIBRALTAR, January 21, 2019 /PRNewswire/ -- Covesting, a licensed European-based digital currency exchange and professional trading platform offering secure and technologically advanced infrastructure for investors and traders worldwide, has introduced the first stage of their fiat gateway and cryptocurrency converter. EUR deposits via wire transfer are now available. (Logo: http://mma.prnewswire.com/
CURRENCIES
Dollar steady, global growth concerns support safe-havens
By Vatsal Srivastava SINGAPORE (Reuters) - The dollar hovered near 2-week highs against its peers on Tuesday as a slowdown in China's economy to 28-year lows revived investor...
https://www.investing.com/
Forex - Dollar Firm as Pessimism over Global Growth hits Risk SentimentInvesting.com
Forex Jan 22, 2019 07:51 GMT Investing.com - The dollar was trading near two week highs against a basket of its rivals on Tuesday as concerns over the outlook for the global economy underpinned investor demand for safe haven assets. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was up 0.14% to 96.12, the most since Jan. 4 by 02:50 AM ET (07:50 AM GMT). The International Monetary Fund cut its 2019 and 2020 global growth forecasts on Read the full story
How China’s yuan can gain ground against the US dollar and the euro as a global reserve currency of choice
South China Morning Post
Everyone wants to knock the US dollar off its throne as the world’s leading currency. Europe has tried and failed, with the euro’s hope for global forex glory badly dented by the European debt crisis. Beijing would love to see the yuan leapfrog into pole… Read the full story
Volatility expected for Chinese yuan, as experts diverge on 2019 outlooks
South China Morning Post
Traders and fund managers are predicting a year of volatility for the yuan, despite its strong start to 2019. A sharp appreciation in the currency already appeared to be rapidly losing steam on Monday. It was changing hands at 6.7892 against the US dollar… Read the full story
PBOC sets yuan reference rate at 6.7854
The People's Bank of China set the yuan reference rate at 6.7854 vs the previous day's fix of 6.7774.
https://www.fxstreet.com/news/
INSURANCE / HEALTH / SCIENCE
These Are the 11 Best Expert-Approved Weight-Loss Tips to Help You Crush Your Goals
POPSUGAR
Are you overwhelmed and confused by all the weight-loss advice bombarding you? Whether you're just beginning a weight-loss journey or you've been on one without success, read through these expert tips that will effectively help you reach your goals.31905305 ... Read the full story
Hospitals' confusing online price lists give patients a headache
CBS News
A new rule requires hospitals to post their prices, but the lists are hard to understand and there are no standards for pricing Read the full story
Unexpected link found between feeding and memory brain areas
SCIENMAG
Credit: Baylor College of Medicine The search for a mechanism that could explain how the protein complex NCOR1/2 regulates memory has revealed an unexpected connection between the lateral hypothalamus and the hippocampus, the feeding and the memory centers of the brain, respectively. The findings, which were published today in the journal Nature Neuroscience by a... Read the full story
Essential amino acids: Definition, benefits, and foods
Medical News Today
Amino acids help the body maintain optimal health. They are part of many foods, including meat, fish, beans, and nuts. Learn more about essential amino acids here. Read the full story
USA / CANADA
Congress to pursue divergent paths to reopening government, but stalemate no closer to resolution
The Washington Post
Congress this week is poised to pursue two diverging strategies for ending the partial government shutdown, but it is far from clear how Republicans and Democrats will reconcile their differences and reopen the government. Read the full story
Kamala Harris launches 2020 Democratic presidential bid
CBC News
Kamala Harris, a first-term U.S. senator and former California attorney general known for her rigorous questioning of President Donald Trump's nominees, on Monday entered the Democratic presidential race. Read the full story
Trump, Democrats inch closer to compromise amid personal shutdown sniping
Bloomberg
Donald Trump and senior Democrats took their first steps toward a possible compromise deal on immigration and border security over the weekend, even as the president ramped up his feud with Speaker Nancy Pelosi with the government shutdown in its fifth week. Read the full story
EMERGING MARKETS
Bitcoin ATM to be launched in Venezuela amidst Petro commotion
AMB Crypto
The Venezuelan government is pushing state-backed cryptocurrency, Petro, which was created by the Nicolas Maduro-led Venezuelan government. However, the cryptocurrency has been largely criticized by its citizens mainly because of the lack of oil that Petro is supposed to be linked to. However, the people have shown interest in using the world’s largest cryptocurrency, Bitcoin.... Read the full story
Trump leaving military option on the table for Venezuela. Is a coup coming?
Hot Air
This is a South American problem... for now Read the full story
The growing crisis in Venezuela
The Week
MIDDLE EAST
Israel launches airstrike at targets in Syria
CNN
After a series of Israeli airstrikes, Russian state media reports at least four Syrian soldiers are dead. CNN's Oren Liebermann has the latest. Read the full story
Netanyahu warns Iran it will face consequences for threatening Israel
Reuters
Prime Minister Benjamin Netanyahu said Israel's air strikes on Syria on Monday had mainly targeted military positions set up by Iran, which he warned would face consequences for threatening to destroy Israel. Read the full story
Netanyahu's lawyers to meet Israel's attorney-general calling for delay on possible corruption charges
The Independent
The legal team of Israeli Prime Minister Benjamin Netanyahu is set to meet the country’s attorney-general on Monday to urge him to delay a decision on whether to indict the leader on graft charges until after the upcoming elections. Read the full story
UN envoy arrives in Yemen on surprise visit
ABC News
Yemeni security officials say U.N. envoy Martin Griffiths has arrived in the capital Sanaa on an unannounced visit to discuss the "complex situation" in and around the key coastal city of Hodeida Read the full story
Iraq's southern oil exports hold near record in January
Reuters
* Southern exports so far in 2019 close to 3.6 mbpd -tracker Read the full story
Saudi Arabia & UAE Officially Launch Digital Currency Pilot Testing Program | CryptoGlobe
CryptoGlobe
CryptoGlobe
The Kingdom of Saudi Arabia and the United Arab Emirates (UAE) are reportedly working on a joint initiative that is focused on developing their own cryptocurrency. According to local news sources, the Executive Committee of the Saudi-Emirati Coordination Council conducted a meeting in Abu Dhabi (UAE’s capital city) during which leaders from both nations discussed various socioeconomic policies. Representatives from both Middle Eastern countries also reviewed strategies for cooperation involving Read the full story
Ramaphosa could use Davos to apply pressure on Zim govt – Cosatu
Polity
The Congress of South African Trade Unions’ (Cosatu's) international relations unit has demanded that government abandon its "tepid" approach to addressing recent events in Zimbabwe and use international platforms to condemn violence against Zimbabwean civilians. Deputy international secretary of the federation’s international relations unit Zanele Matebula told Fin24 on Monday that civil society and labour leaders in Zimbabwe, including Zimbabwe Congress of Trade Unions (ZCTU) President Peter Read the full story
Zimbabwe: Internet Shutdown Costs Govt Millions of Dollars
AllAfrica
The government lost millions of dollars through delayed revenue inflows due to the slow processing of imports and exports after the switching off internet services countrywide. Government threw the country into a total internet blackout twice last week during the mass protests against fuel price hikes and general economic hardships. Other security protocols were also breached when shipping agents at Beitbridge resorted to South African networks to bypass Zimbabwe's closed systems. Shipping Read the full story
Zimbabwe has shut down social media for 7 days straight, prompting claims it is trying to cover up deadly protests that killed at least 12 people
Business Insider
Social media in Zimbabwe has been inaccessible for 7 days. Here, protesters barricade a main route to Zimbabwe's capital Harare on January 14, 2019. Zimbabwe has blocked access to social media for seven days as deadly protests sweep the country which have killed at least 12 people. Officials say the blackout is to stop protesters coordinating. Critics say it is to hide the true scale of death and devastation. Riots in the country began after the government more than doubled the price of gas. Read the full story
Social media access restored in Zimbabwe by court order
CNN
Access to social media platforms in Zimbabwe was reinstated on Monday, hours after a court deemed the government's internet shutdown illegal. Read the full story
Zimbabwe: South Africa refused emergency loan request
BBC News US
The fuel price hike that sparked protests was imposed shortly after South Africa refused the loan. Read the full story
ASIA
China, Hong Kong stock markets buoyed by trade hopes, dismiss data showing slower GDP growth on mainland
South China Morning Post
Hong Kong and mainland stocks edged up Monday as optimism over US-China trade relations won over fresh data showing that China’s GDP grew at its slowest rate since the global financial crisis. The Hang Seng Index closed up 0.39 per cent, or 105.73 points,… Read the full story
Chinese outbound projects plunge, investors pull back from US
South China Morning Post
China’s outbound investment and construction plunged last year as the world’s second largest economy loses steam, and continued “financial strain” could put the brakes on its global trade and infrastructure plan, a US think tank warns. Last year, the… Read the full story
China's huge economy is cooling just when the world needs its spark
The New York Times
In the past, China has helped to pull the global economy out of weak spots. This time, it might not come through. Read the full story
North Korea has never disclosed this missile site. A new report says there are 19 more.
NBC News
The Kim regime has never admitted the existence of the Sino-ri Missile Operating Base. A new report says it's one of many undisclosed sites. Read the full story
EUROPE
IMF Trims Global Economic Growth Forecasts as Trade, Europe Weigh on Sentiment
TheStreet
The International Monetary Fund cut its global economic growth forecast for the second time in three months Monday, citing concerns over unresolved trade conflicts between Washington, Brussels and Beijing and slowing activity in Europe. The International Monetary Fund cut its global economic growth forecast for the second time in three months Monday, citing concerns over unresolved trade conflicts between Washington, Brussels and Beijing and slowing activity in Europe. The Fund sees the world Read the full story
Check whether your passport will be valid after Brexit
The Independent
Come 30 March, everything changes when it comes to travel, whether or not the UK crashes out of the EU without a deal. Read the full story
British PM Theresa May is trying to sell the same Brexit plan: Steve Hilton
Fox News
"The Next Revolution" host Steve Hilton discusses British Prime Minister Theresa May's new plan for Brexit and the protests in France. Read the full story
MarketPulse Europe: U.K. Banks Mostly Lower; Brexit Plan B in Focus
Investing.com
Stock Markets Jan 21, 2019 11:40 GMT Investing.com - British bank stocks were mostly lower in European midday trade on Monday, as a note of caution set in with Prime Minister Theresa May set to present her ’Plan B’ for Brexit to parliament later in the day. May will make a statement in the House of Commons at about 15:30 GMT (10:30 AM ET) as she looks to secure a fresh withdrawal agreement before the March 29 deadline to leave the European Union (EU). Her Brexit divorce deal, the result of Read the full story
German ZEW Economic Sentiment Improves Unexpectedly in January
Investing.com
Economic Indicators Jan 22, 2019 10:02 GMT Investing.com - German economic sentiment improved unexpectedly in January, but an index of current conditions tumbled to a four-year low, underlining concerns over the health of the euro zone’s largest economy. The ZEW Centre for Economic Research said that its index of German economic sentiment rose to -15.0 points this month from a reading of -17.5 in December. Analysts had expected the index to fall to -18.4 points. However, the Current Conditions Read the full story
UK's May will have to change Brexit deal to win over parliament - spokesman
Reuters
Reuters
Prime Minister Theresa May's Brexit plan will have to change if it is to win the support of parliament, her spokesman said on Monday, adding that talk with lawmakers on what changes were needed were ongoing. Read the full story
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Wednesday 1/23/19 did update on the indicative rates Sell Rate 1190
The currency auction is 228, 013,160
There are no news and announcements.
The Central Bank reveals an agreement to approve the budget and defend the currency auction
Release date: 2019/1/23 7:40 • 507 times read
(Baghdad: Al-Furat News) The Central Bank of Iraq, an agreement to approve the draft financial budget for the year 2019.
"The budget will be approved because most of the points of contention have been agreed," Central Bank adviser Walid Abdul Nabi told AFP.
"The bank prohibits the exploitation of any customer account and the bank is responsible for compensating for any damage," he added.
"As a central bank through the sanctions committee, we rely on four rules to limit these crimes," he said.
Abdul Nabi pointed out that "the Central Bank through the sanctions committee includes specialists in the departments of the bank," pointing out that "the Committee imposed fines amounted to 566 billion Iraqi dinars in respect of the Bank of Baghdad and fines imposed on him for various purposes, including the lack of full documentation and the bank exploited to customers bear All the results and fines imposed on customers. "
He explained that "imports are covered either by a transfer or a document that is an international transaction and the right of all exploiters to account for the bank," revealing "we have more than 760 call on banks to guarantee the rights of customers."
He stressed that "the Central Bank is not affiliated with the Ministry of Finance and is not bound by the decisions of the Inspector General of the Ministry."
Abdel-Nabi defended the "daily auction of the central bank, which is selling between 100 to 150 million dollars," noting that "the central bank helped the private sector through this auction."
"The Iraqi economy was meeting the requirements of the ministries of trade, health, industry and agriculture, but no amount was allocated to the private sector."
The central bank adviser expressed his "astonishment at how the Central Bank's documents reached the satellite channels and the media," stressing that "the Central Bank can not be used for political purposes because it does not deal with individuals."
"The bank is an institution founded by fighting Iraqis and defaming them is not true," he said, denying that there were pressures on the bank.
"The Central Bank noted that the percentage of financial coverage of banks is 11% and increased by 100% and was treated 22% in the settlement of salaries and can be an individual loan easy," noting that "the subject of ironing card for any company aimed at profit and can The first stage is high but decreases in the rest of the stages. "
"The bank prohibits the exploitation of any customer account and the bank is responsible for compensating for any damage," he added.
"As a central bank through the sanctions committee, we rely on four rules to limit these crimes," he said.
Abdul Nabi pointed out that "the Central Bank through the sanctions committee includes specialists in the departments of the bank," pointing out that "the Committee imposed fines amounted to 566 billion Iraqi dinars in respect of the Bank of Baghdad and fines imposed on him for various purposes, including the lack of full documentation and the bank exploited to customers bear All the results and fines imposed on customers. "
He explained that "imports are covered either by a transfer or a document that is an international transaction and the right of all exploiters to account for the bank," revealing "we have more than 760 call on banks to guarantee the rights of customers."
He stressed that "the Central Bank is not affiliated with the Ministry of Finance and is not bound by the decisions of the Inspector General of the Ministry."
Abdel-Nabi defended the "daily auction of the central bank, which is selling between 100 to 150 million dollars," noting that "the central bank helped the private sector through this auction."
"The Iraqi economy was meeting the requirements of the ministries of trade, health, industry and agriculture, but no amount was allocated to the private sector."
The central bank adviser expressed his "astonishment at how the Central Bank's documents reached the satellite channels and the media," stressing that "the Central Bank can not be used for political purposes because it does not deal with individuals."
"The bank is an institution founded by fighting Iraqis and defaming them is not true," he said, denying that there were pressures on the bank.
"The Central Bank noted that the percentage of financial coverage of banks is 11% and increased by 100% and was treated 22% in the settlement of salaries and can be an individual loan easy," noting that "the subject of ironing card for any company aimed at profit and can The first stage is high but decreases in the rest of the stages. "
The text of the Federal Court's appeal of articles in the law of the National Oil Company
Editorial Date: 2019/1/23 12:20 • 19 times read
The Federal Supreme Court issued a constitutional ruling on the appeals contained in articles in the law of the Iraqi National Oil Company No. (4) for the year 2018, which ruled unconstitutional section of those materials, including on the identification of the objectives of the company and the process of marketing oil.
"The Supreme Federal Court held its session today under the chairmanship of Judge Medhat al-Mahmoud and the presence of all members of the judges and considered the appeals contained in the law of the Iraqi National Oil Company and issued a ruling on them."
Al-Samok added that "the court found that the constitutional articles that directly govern the subject of the case are: Article (5) of the Constitution, which stipulates" the sovereignty of the law and the people, the source of the authorities. "Article 61 (1) of the Constitution, (62 / II) of the Constitution, which provides for (the House of Representatives to move between the doors and chapters of the general budget and reduce the total amounts, and if necessary to propose to the Council of Ministers to increase the total amount of expenditure.
He added that "the articles according to the ruling of the Federal Supreme Court also includes Article (78) of the Constitution, which called on the Prime Minister the responsibility for the direct implementation of public policy of the state, and Article (80) of the Constitution, which in paragraphs (I and IV) the Council of Ministers the authority to plan and implement the policy And the general plans of the state and the preparation of the draft general budget and the final account and development plans.
He pointed out that "the court stated in its ruling Article (106) of the Constitution, which decided the existence of a public body to monitor the allocation of federal imports and justice, and Article 110 of the Constitution provided for the exclusive powers of the federal authorities, including the provision of paragraph (first) (Drafting the foreign economic and trade policy sovereign), and paragraph (III) of which stipulated (the drawing of fiscal and customs policy and issuance of currency and regulation of trade policy across the borders of the province and provinces in Iraq and the development of the general budget of the state and the formation of monetary policy and the establishment of the Central Bank and its administration).
The official said that "the court cited the article (111) of the Constitution, which decided that oil and gas is the property of the Iraqi people in all regions and provinces, and Article (112) of the Constitution, where paragraph (I) of them that the management of oil and gas extracted from The current fields are handled by the federal government with the governments of the provinces and producing provinces to distribute their imports in a fair manner commensurate with the distribution of population throughout the country taking into account the affected regions and those that were unfairly deprived by the former regime and then affected to ensure the balanced development of different regions of the country " .
He added that "the Court mentioned paragraph (II) of the same article provides for the validity of the federal government and the governments of regions and provinces producing together to draw strategic policies to develop the wealth of oil and gas, and Article (114) of the Constitution, which specialized in the statement of common competencies between the federal authorities and regional authorities, Development and general planning and the design and organization of the internal financial resources policy to ensure fair distribution. "
"The Supreme Federal Court found that the inclusion of any text in the law leads to the removal of jurisdiction of the exclusive federal authorities or joint competencies between them and the authorities of the provinces and provinces producing oil and gas is contrary to the provisions of the Constitution and the need to rule unconstitutional."
He went on to say, "The Federal Supreme Court and based on the above decided to rule on the unconstitutionality of the following articles:
Article (3) of the law, because the tasks carried out by its objectives are contrary to the provisions of Article (112) with its paragraphs (1) and (II) and Article (114) of the Constitution. The tasks mentioned in Article (3) The federal government with the governments of oil-producing provinces and provinces.
2 - Paragraph (III and V) of Article (4) of the law and as far as the process of marketing oil, as this is the functions of the Ministry of Oil and the associated company, in contradiction to Article (112) of the Constitution.
Article (7 / I / 1) of the law, which stipulates that "the company shall be headed by an employee with the rank of minister ...", in contradiction to the provisions of Article 62 / II of the Constitution. .
Article (h) of paragraph (2) of Article (7) concerning the making of the oil company (somo) from the formations associated with the status of the company, in contradiction to the provisions of Article (110 / I and III) of the Constitution.
5- Article (8) of the law which stipulates the functions of the Board of Directors and that the majority of these functions are the competencies of the federal government with the oil producing regions and governorates together on the basis of Articles (78), (80) and (112) of the Constitution.
Article (11) of the law, which stipulates (first: the company deducts an amount covering all investment and operational costs and not less than the average cost in all fields invested for each barrel of crude oil and gas produced plus a certain percentage of profit and this is determined by agreement between The Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance after the end of the financial year of the company and after the completion of the final accounts and ratification ) For its incompatibility with the provisions of Articles (78), (80), (111) and (112) of the Constitution.
Article (12) of the law, which showed the financial revenues of the company and its profits and distribution, in violation of the provisions of Articles (78), (80 / First and Second), (106), (111) and (112) of the Constitution.
Article (13 / second) of the law stipulates that "Excluding the incentives of the employees of the company from the provisions of the law of the salaries of state employees and the public sector No. 22 of 2008 and this shall be determined by a system issued by the Council of Ministers. II) of the Constitution where it included a financial burden not taken in the opinion of the Council of Ministers.
9- Article (16) of the law stipulated in paragraph (1) that the company and the companies owned by it shall be excluded from the Financial Management Law, the Public Companies Law, the Customs Law, the Foreigners Residence Law, the Law of Implementing Government Contracts, the Instructions to facilitate its implementation, Article (5) of the Constitution shall be issued by the Council of Ministers and at the suggestion of the Company to replace the exempted laws provided for in paragraph (1) of this article individually to guarantee the rights of the public treasury. That it is not permissible to annul the law of Ma BinSystem or instructions.
10- Article (18 / VI) of the law which stipulates that "the company may contribute to the development of the agricultural, industrial and service sectors ...", in contradiction to the provisions of Articles (78) and (80) of the Constitution.
Al-Samok said that "the Federal Supreme Court decided to respond to the rest of the appeals contained in the consolidated cases mentioned above because they do not conflict with the provisions of the Constitution and with the general policy of the state provided for in Article 80 of the Constitution and because it came as a legislative option for the House of Representatives, (61 / I) of the Constitution. "
Al-Samok added that "the court found that the constitutional articles that directly govern the subject of the case are: Article (5) of the Constitution, which stipulates" the sovereignty of the law and the people, the source of the authorities. "Article 61 (1) of the Constitution, (62 / II) of the Constitution, which provides for (the House of Representatives to move between the doors and chapters of the general budget and reduce the total amounts, and if necessary to propose to the Council of Ministers to increase the total amount of expenditure.
He added that "the articles according to the ruling of the Federal Supreme Court also includes Article (78) of the Constitution, which called on the Prime Minister the responsibility for the direct implementation of public policy of the state, and Article (80) of the Constitution, which in paragraphs (I and IV) the Council of Ministers the authority to plan and implement the policy And the general plans of the state and the preparation of the draft general budget and the final account and development plans.
He pointed out that "the court stated in its ruling Article (106) of the Constitution, which decided the existence of a public body to monitor the allocation of federal imports and justice, and Article 110 of the Constitution provided for the exclusive powers of the federal authorities, including the provision of paragraph (first) (Drafting the foreign economic and trade policy sovereign), and paragraph (III) of which stipulated (the drawing of fiscal and customs policy and issuance of currency and regulation of trade policy across the borders of the province and provinces in Iraq and the development of the general budget of the state and the formation of monetary policy and the establishment of the Central Bank and its administration).
The official said that "the court cited the article (111) of the Constitution, which decided that oil and gas is the property of the Iraqi people in all regions and provinces, and Article (112) of the Constitution, where paragraph (I) of them that the management of oil and gas extracted from The current fields are handled by the federal government with the governments of the provinces and producing provinces to distribute their imports in a fair manner commensurate with the distribution of population throughout the country taking into account the affected regions and those that were unfairly deprived by the former regime and then affected to ensure the balanced development of different regions of the country " .
He added that "the Court mentioned paragraph (II) of the same article provides for the validity of the federal government and the governments of regions and provinces producing together to draw strategic policies to develop the wealth of oil and gas, and Article (114) of the Constitution, which specialized in the statement of common competencies between the federal authorities and regional authorities, Development and general planning and the design and organization of the internal financial resources policy to ensure fair distribution. "
"The Supreme Federal Court found that the inclusion of any text in the law leads to the removal of jurisdiction of the exclusive federal authorities or joint competencies between them and the authorities of the provinces and provinces producing oil and gas is contrary to the provisions of the Constitution and the need to rule unconstitutional."
He went on to say, "The Federal Supreme Court and based on the above decided to rule on the unconstitutionality of the following articles:
Article (3) of the law, because the tasks carried out by its objectives are contrary to the provisions of Article (112) with its paragraphs (1) and (II) and Article (114) of the Constitution. The tasks mentioned in Article (3) The federal government with the governments of oil-producing provinces and provinces.
2 - Paragraph (III and V) of Article (4) of the law and as far as the process of marketing oil, as this is the functions of the Ministry of Oil and the associated company, in contradiction to Article (112) of the Constitution.
Article (7 / I / 1) of the law, which stipulates that "the company shall be headed by an employee with the rank of minister ...", in contradiction to the provisions of Article 62 / II of the Constitution. .
Article (h) of paragraph (2) of Article (7) concerning the making of the oil company (somo) from the formations associated with the status of the company, in contradiction to the provisions of Article (110 / I and III) of the Constitution.
5- Article (8) of the law which stipulates the functions of the Board of Directors and that the majority of these functions are the competencies of the federal government with the oil producing regions and governorates together on the basis of Articles (78), (80) and (112) of the Constitution.
Article (11) of the law, which stipulates (first: the company deducts an amount covering all investment and operational costs and not less than the average cost in all fields invested for each barrel of crude oil and gas produced plus a certain percentage of profit and this is determined by agreement between The Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance and the Ministry of Finance after the end of the financial year of the company and after the completion of the final accounts and ratification ) For its incompatibility with the provisions of Articles (78), (80), (111) and (112) of the Constitution.
Article (12) of the law, which showed the financial revenues of the company and its profits and distribution, in violation of the provisions of Articles (78), (80 / First and Second), (106), (111) and (112) of the Constitution.
Article (13 / second) of the law stipulates that "Excluding the incentives of the employees of the company from the provisions of the law of the salaries of state employees and the public sector No. 22 of 2008 and this shall be determined by a system issued by the Council of Ministers. II) of the Constitution where it included a financial burden not taken in the opinion of the Council of Ministers.
9- Article (16) of the law stipulated in paragraph (1) that the company and the companies owned by it shall be excluded from the Financial Management Law, the Public Companies Law, the Customs Law, the Foreigners Residence Law, the Law of Implementing Government Contracts, the Instructions to facilitate its implementation, Article (5) of the Constitution shall be issued by the Council of Ministers and at the suggestion of the Company to replace the exempted laws provided for in paragraph (1) of this article individually to guarantee the rights of the public treasury. That it is not permissible to annul the law of Ma BinSystem or instructions.
10- Article (18 / VI) of the law which stipulates that "the company may contribute to the development of the agricultural, industrial and service sectors ...", in contradiction to the provisions of Articles (78) and (80) of the Constitution.
Al-Samok said that "the Federal Supreme Court decided to respond to the rest of the appeals contained in the consolidated cases mentioned above because they do not conflict with the provisions of the Constitution and with the general policy of the state provided for in Article 80 of the Constitution and because it came as a legislative option for the House of Representatives, (61 / I) of the Constitution. "
Value Traded
262,697,719
Shares Traded
477,193,905
ISX ended in Red
Kauaihn Chatter:dd
http://www.dinarguru.com/
1-23-2019 Newshound/Intel Guru Mnt Goat The CBI has told us in multiple articles that the 3 zero notes would be used later (after the event) almost exclusively for inter-banking transactions for trading. Later these larger notes are NOT meant to be in the publics hands thus 10 ten years to get all of them (the remaining 2/3 out of circulation). So you as an owner of these larger notes, when you do to the bank, the banks will want these dinars since they will be VERY valuable. When we exchange our dinars, we are acting as we are bankers not ordinary Iraqi citizens. This is the key to understanding this exchange process and just because it is so different than other forms of re-denominations... [post 3 of 3]
1-22-2019 Newshound/Intel Guru Mnt Goat ...The CBI has told us in multiple articles that the 3 zero notes would be used later (after the event) almost exclusively for inter-banking transactions for trading. Later these larger notes are NOT meant to be in the publics hands thus 10 ten years to get all of them (the remaining 2/3 out of circulation). So you as an owner of these larger notes, when you do to the bank, the banks will want these dinars since they will be VERY valuable. When we exchange our dinars, we are acting as we are bankers not ordinary Iraqi citizens. This is the key to understanding this exchange process and just because it is so different than other forms of re-denominations... [post 3 of 3]
1-22-2019 Newshound/Intel Guru Mnt Goat ...How can banks then differentiate the rate to the different notes? They can’t and so a dinar is a dinar. Example: So let’s say you took a newer category note of 1 dinar to the bank and exchanged it after the reinstatement. The new rate is 1: 3 meaning 1 IQD is worth $3 USD. You would get $3 USD. Then if you took an older 25,000 dinar note to the same bank they would have to apply the same FOREX rate of 1: 3 to this note too. They will not be able to differentiate. Get it? Thus you would get $75,000 USD in exchange. So yes, the currency you hold would be much stronger. [post 2 of 3....stay tuned]
1-22-2019 Newshound/Intel Guru Mnt Goat [Will by deleting the zeros it makes the currency stronger , therefore making our investment more valuable?] Yes, by deleting the ZEROS this will make the currency stronger thus also our investment. On the surface it looks like your 1,000 dinar note would only become worth only 1 dinar. But what most forget or don’t know is that the two currencies will “coincide” together for up to 10 years. That means the older 3 zero notes and the newer lower category notes will both be in circulation at the same time... [post 1 of 3....stay tuned]
1-22-2019 Intel Guru Frank26 [via Clare] The USD is no longer wearing the same suit that supported a PR (Program Rate). The USD is being used to SUPPORT the lifting of the 3 zeros...The USD was used like a cane, a walker, for the IQD. The IQD is being used to pay it's bills at a rate of 1-1 ...not for a PR! For the lifting of the 3 zeros that gives power to the dinar. The IQD can now stand next to the USD. 5.5 billion in Iraq... No longer used to pay bills and it stands next to the IQD...It stood next to the IQD to support it...Now the USD is pouring in to invest in Iraq.
1-22-2019 Newshound/Intel Guru Mnt Goat ...How can banks then differentiate the rate to the different notes? They can’t and so a dinar is a dinar. Example: So let’s say you took a newer category note of 1 dinar to the bank and exchanged it after the reinstatement. The new rate is 1: 3 meaning 1 IQD is worth $3 USD. You would get $3 USD. Then if you took an older 25,000 dinar note to the same bank they would have to apply the same FOREX rate of 1: 3 to this note too. They will not be able to differentiate. Get it? Thus you would get $75,000 USD in exchange. So yes, the currency you hold would be much stronger. [post 2 of 3....stay tuned]
1-22-2019 Newshound/Intel Guru Mnt Goat [Will by deleting the zeros it makes the currency stronger , therefore making our investment more valuable?] Yes, by deleting the ZEROS this will make the currency stronger thus also our investment. On the surface it looks like your 1,000 dinar note would only become worth only 1 dinar. But what most forget or don’t know is that the two currencies will “coincide” together for up to 10 years. That means the older 3 zero notes and the newer lower category notes will both be in circulation at the same time... [post 1 of 3....stay tuned]
1-22-2019 Intel Guru Frank26 [via Clare] The USD is no longer wearing the same suit that supported a PR (Program Rate). The USD is being used to SUPPORT the lifting of the 3 zeros...The USD was used like a cane, a walker, for the IQD. The IQD is being used to pay it's bills at a rate of 1-1 ...not for a PR! For the lifting of the 3 zeros that gives power to the dinar. The IQD can now stand next to the USD. 5.5 billion in Iraq... No longer used to pay bills and it stands next to the IQD...It stood next to the IQD to support it...Now the USD is pouring in to invest in Iraq.
1-22-2019 Newshound/Intel Guru David M. Witty Iraqi Speaker of Parliament says next meeting will hold vote to complete cabinet formation & vote on 2019 national budget.
1-22-2019 Newshound/Intel Guru RVAlready At the moment, I can see no reason to delay the RV, and lots of reasons to go ahead immediately. After all, everyone says they are ready, so they should do it right now.
1-22-2019 Newshound/Intel Guru Mnt Goat ...the reinstatement of the Iraqi dinar should have taken place over the weekend and was held up again due to NSA security reasons. I have talked to my CBI contact and I am told that they are getting tired of this postponement and really need this currency to move ahead with the reconstruction phase. They are already a year late in their five year plan 2018-2022. The good news is there is still 10 days remaining in January and this month is the best opportunity for the CBI to do it for accounting reasons. Their fiscal accounting year coincides with the calendar new year unlike the western world that begins on Oct 1st.
1-22-2019 Newshound/Intel Guru RVAlready At the moment, I can see no reason to delay the RV, and lots of reasons to go ahead immediately. After all, everyone says they are ready, so they should do it right now.
1-22-2019 Newshound/Intel Guru Mnt Goat ...the reinstatement of the Iraqi dinar should have taken place over the weekend and was held up again due to NSA security reasons. I have talked to my CBI contact and I am told that they are getting tired of this postponement and really need this currency to move ahead with the reconstruction phase. They are already a year late in their five year plan 2018-2022. The good news is there is still 10 days remaining in January and this month is the best opportunity for the CBI to do it for accounting reasons. Their fiscal accounting year coincides with the calendar new year unlike the western world that begins on Oct 1st.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1-A (from PM Mahdi's website; posted only on Arabic side, not on English side; 7 pix)
Prime Minister Adel Abdul Mahdi inaugurates the Northwest Baghdad transformer station 400 KV
Prime Minister Adel Abdul Mahdi called for a comprehensive mobilization of efforts and resources to ensure the success of the reconstruction and development campaign as a continuation of the standing of millions of Iraqis in defending their homeland and liberating their cities.
The Prime Minister said during his inauguration this morning the Northwest Baghdad transformative station 400KV: We must stay at the theory of laying the foundation stone, but we open every week and month productive service projects serving the Iraqis.
He added: "We call for one stop as millions of Iraqis have responded in response to the Islamic Jihad's uncompromising stance against terrorism and mobilizing all forces and capabilities to ensure the success of the reconstruction and development campaign." He called for abandoning attempts to plant frustration and obstacles.
He praised the efforts of the previous government in this area, stressing the approach of continuity and accumulation of experience and completion of achievements.
"The electricity crisis has taken a serious dimension, and it has given it a lot of efforts, money and dear sacrifices," he said. "This problem could have been solved without shortcomings, mismanagement and unwarranted factors, in addition to the lack of comprehensive and integrated plans.
The Prime Minister saluted the souls of the martyrs, the wounded and the sacrifices of the Ministry of Electricity. He also thanked the supervisors for the establishment, opening and operation of the station.
Media Office of the Prime Minister
23 January 2019
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ARTICLE 1-B (from PM Mahdi's website; posted only on Arabic side, not on English side)
Prime Minister Adel Abdul Mahdi discusses Iraq's safe project for the elderly in Baghdad
Prime Minister Adel Abdul Mahdi inspected the Iraqi safe project for the elderly in Baghdad and reviewed their needs and living conditions.
He participated in the guests watching the match of the Iraqi national team, praising the progress of the players and the owners of the training efforts during the Championship Nations of Asia, and wish them to achieve the best results in the future.
His Excellency met with the supervisor of the house, Mr. Hisham Al-Zahabi blessed his efforts and his humanitarian project under the auspices of this group and take care of it by self-effort.
Media Office of the Prime Minister
22 January 2019
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ARTICLE 1-C (from PM Mahdi's website; posted only on Arabic side, not on English side)
Cabinet approves compensation for retirees with health deficit
The Cabinet discussed in its regular session Tuesday 22 January 2019, chaired by the Prime Minister, Mr. Adel Abdul-Mahdi, the decisions prepared for its agenda and adopted a number of resolutions, including the approval of compensation for the pensioners who suffer from a health deficit.
The Council also approved the draft amendment of the religious schools system No. 2 of 1993.
The Cabinet reviewed the report of the Inspectors General of 2017 and the launch of the implementation report of the Iraqi National Action Plan for the UN Security Council resolution on women, peace and security.
Media Office of the Prime Minister
22 January 2019
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ARTICLE 1-D (from PM Mahdi's website; posted only on Arabic side, not on English side)
The National Security Council holds its weekly meeting today under the chairmanship of the Prime Minister, Mr. Adel Abdul-Mahdi
The National Security Council held its weekly meeting today under the chairmanship of Prime Minister Adel Abdul Mahdi.
The council hosted the governor of Kirkuk and security and local officials in the province to check on the security and stability of the province, where they discussed the reality of the province in all aspects and emphasize the importance of strengthening efforts to pursue the remnants of da'as and gangs of smuggling and crime and take the necessary guidance.
The National Security Council approved the National Strategy for Countering Threats of Weapons of Mass Destruction, and the Security Council also discussed a number of security issues.
Media Office of the Prime Minister
22 January 2019
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ARTICLE 2 (from Government of Iraq twitter account)
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 1-22-2019 around 2 pm Eastern
PM @AdilAbdAlMahdi: Measures are now in place to launch the housing scheme I announced earlier. We will soon begin to allocate plots of land to low income families in housing need, supported by a provision of discounted loans for the construction of new homes.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 1-22-2019 around 2 pm Eastern
PM @AdilAbdAlMahdi: We are determined to expedite the completion of several projects that were started but later suspended. These projects impact the delivery of essential services to our citizens and they must be finished as soon as possible.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 1-22-2019 around 2 pm Eastern
PM @AdilAbdAlMahdi: We are also working to improve health care services across Iraq; over the next six months, a number of new hospitals in various parts of the country will open to the public.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 1-22-2019 around 2 pm Eastern
PM @AdilAbdAlMahdi: While in Basra, I visited a major power station under construction which when finished later this year, will supply electricity to the people of Basra and help address some of the power shortages in the province.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 1-22-2019 around 2 pm Eastern
PM @AdilAbdAlMahdi: I was in Basra earlier this week. It was an opportunity for me to meet people of the province and to see for myself the work being done to improve health, water and power provisions in the province.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 1-22-2019 around 2 pm Eastern
PM @AdilAbdAlMahdi: We salute our National Football Team for their determination and courage. Their successes have brought joy to all Iraqis and united our country. We are very proud of them.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt1-22-2019 around 2 pm Eastern
PM @AdilAbdAlMahdi: The @IraqiGovt top priority is safeguarding Iraq’s national security and the protection of our citizens. Our security forces will defeat any attempt by terrorists to exploit the remoteness of some areas to harm our security.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 1-22-2019 around 2 pm Eastern
PM @AdilAbdAlMahdi holds his weekly press conference in Baghdad, briefs media on his recent visit to Basra, national security, housing, health and other policies.
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ARTICLE 3
Iraq and Pakistan discuss strengthening relations in the fields of economic and industrial development between the two countries
BAGHDAD, Jan 23 (KUNA) - President Barham Salih discussed with the Assistant Prime Minister and Minister of State Zulfiqar Abbas Bukhari and his accompanying delegation on Wednesday the importance of enhancing bilateral cooperation and enhancing bilateral coordination mechanisms. And Pakistan, for mutual benefit in all fields.
The Spokesman for the Presidency of the Republic said in a statement that "the joint meeting discussed bilateral relations and ways to strengthen them, especially in the fields of economic and industrial development to achieve common interests between the two countries." He pointed out that "the Pakistani minister stressed his country's keenness to promote and develop bilateral relations, various fields" . End Ah
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ARTICLE 4
The former governor of Baghdad was sentenced to 7 years for damaging public money by more than
$12 million
BAGHDAD - January 23 - The Integrity Commission announced on Wednesday that the Criminal Court for Integrity Issues in Baghdad had sentenced in absentia to seven years in prison for the looting of the Secretary of Baghdad and the Director General of the Department of Parks in the former Baghdad Municipality; I have committed more than (12,000,000) million US Dollars with the funds and interests of the entity in which they worked.
The Investigations Department in Al-Hayat said in a statement that "the fugitive convicts agreed and participated in the damage to the funds and interests of the Municipality of Baghdad during the contract on the development of the army channel, indicating that it was contracted with an Egyptian and local company, based on the decision of the main committee to contract in the Secretariat without preparation
The estimated cost of the project and the amount of damage amounted to (12,165,350) million US dollars, "noting that" the Court, Having considered the evidence obtained in this case represented by the legal representatives of the General Secretariat of the Council of And the secretariat of Baghdad, which requested the complaint against the accused, in addition to the administrative investigation including their review and referral to the judiciary, the report of the Federal Audit Bureau, the statements of witnesses and the escape of the accused, found by the court sufficient and convincing to convict them in accordance with the provisions of Article 340 of the Penal Code in terms of Articles 47, 48 and 49 from him.
The decision of the verdict included issuing an arrest warrant, conducting a fundamental search for the accused and supporting the seizure of their movable and immovable property, while the affected parties (the General Secretariat of the Council of Ministers and the Secretariat of Baghdad) retained the right to seek compensation before the civil courts. Finished
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ARTICLE 5
Bonus informers come into effect
2019/1/23 8:44
[Ayna-Baghdad]
Issued the new issue of the Iraqi fact sheet, which included amendments and decrees approved by the House of Representatives and ratified by the Presidency of the Republic.
The Director General of the Department, Kamel Amin Jassem, said in a statement to the Ministry of Justice that "the number includes the issuance of a presidential decree and resolutions issued by the House of Representatives No. 26 of 2018 and a decision issued by the Committee for the freezing of terrorist funds No. 1 of 2019 in addition to the issuance of Instructions No. 5 of 2018 Financial Instructions for the Compensation of Informants No. 16 of 2000 ".
The Director-General added that "the number also included the issuance of a number of data, including a statement issued by the Ministry of Finance No. 5 of 2018, and a statement issued by the Ministry of Culture numbered 17 and 19 of 2018."
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ARTICLE 6
These are the secrets of good health
2019/1/22 20:35
[Ayna-Baghdad]
Despite his 91-year-old son, the Iraqi Kurdish lifter Zaher Azizi still performs his daily sports exercises for nearly seven decades.
"Exercise and healthy nutrition are the most important secrets to prolong human life
And disease prevention. " "For about 70 years I have been practicing sports for two hours a day, and I am very interested in what I eat."
As for the details of his daily activity, he explains that he starts with a number of warm-up exercises, then goes out for several kilometers, sometimes heading for the rise of some hills and slopes.
He notes that he practices his daily exercises in summer and winter, meets all his personal needs, and takes short distances for twenty minutes before bed.
As for the nature of the meals he was eating, he stressed that he was keen on eating natural foods, as well as drink five glasses of cow's milk every morning.
"I like to eat honey, walnuts and almonds for breakfast, and to eat meat at lunch." Azizi pointed out that he does not suffer any diseases, and that he continues his work with the barber profession he inherited from his father since 1957. Finished
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