WOTS Tuesday 2/26/19
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | 1,167.2000 | 1,167.2000 | 1,167.2000 | 20:00 | |||
| USD/VND | 23,203.0000 | 22,870.0000 | 22,870.0000 | 04:15 | |||
| USD/CNY | 6.7035 | 6.6794 | 6.6794 | 06:41 | |||
| USD/KWD | 0.3031 | 0.3022 | 0.3031 | 06:33 | |||
| GBP/USD | 1.3235 | 1.3122 | 1.3125 | 06:47 | |||
| USD/IRR | 12,048.0000 | 12,048.0000 | 12,048.0000 | 17:51 | |||
| USD/IDR | 14,012.4000 | 13,961.0000 | 13,968.5000 | 06:30 |
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DC NY Iraq Articles:dd
The Parliament of the Region holds an extraordinary session in the absence of the Patriotic Union of Kurdistan
Tuesday 26 February 2019 09:55 am
Baghdad / ... The Parliament of the Kurdistan region, Tuesday, its extraordinary, to discuss the formation of the Legal Committee of the Parliament of the Territory.
The Presidency of the Parliament, in a statement, that "the meeting will discuss the formation of the Legal Committee of the Parliament of Kurdistan in accordance with the provisions of Articles (28-29) of the rules of procedure of the Parliament of Kurdistan - Iraq."
"The meeting will also see the continuation of the boycott of the Patriotic Union of Kurdistan." Finished d
Kharbit: We will ask a parliamentary question to Abdul Mahdi about the extent of Iraq's need for US trainers
26-02-2019 09:20 AM
Baghdad / News
The deputy speaker of the Anbar province Abdullah al-Kharbit said Tuesday that the House of Representatives will ask a parliamentary question to Prime Minister Adel Abdul Mahdi on the extent of Iraq's need for US trainers.
"The presence of US forces in Iraq is divided into two parts; there are forces to train Iraqi forces, while other forces have the task of managing the US air force in Iraq," Kharbit told Al Akhbar.
He added that "the recent US Embassy report confirms the absence of any ground forces," noting that "the political blocs in the House of Representatives will ask a question to Prime Minister Adel Abdul Mahdi, the extent of the need of the Iraqi government for these trainers." d
Iranian Deputy Foreign Minister discusses with Hakim ways to strengthen ties between Tehran and Baghdad
26 February 2019
Iranian Deputy Foreign Minister Abbas Araghji discussed with the head of the Reform and Reconstruction Alliance Ammar al-Hakim ways to strengthen relations between Tehran and Baghdad.
"The two sides also discussed the latest developments in the political situation in the region and the importance of dialogue to discuss outstanding issues," the statement said.
Iranian Deputy Foreign Minister for Political Affairs Abbas Araghji arrived in Baghdad on Monday morning.
According to the Iranian media, an Iraqi visit to Baghdad comes to participate in the third round of political talks between the Islamic Republic of Iran and Iraq.
Iranian President Hassan Rowhani is scheduled to visit Iraq next March.
Optimism to win the rights of Basrah judicially
Politics, security and economy
Tuesday 26 February 2019 - 08:50 p
Jurist Abdul Rahman Sabri and MP Salam al-Maliki
The representative of the province of Basra, Abdul Salam al-Maliki on Tuesday the decision of the local government to bring a lawsuit against the prime ministers and deputies of the right decision likely to respond to the Prime Minister and amend the share of Basra budget and specifically petrodollar revenues as it was not strict in its decisions and did not challenge any item of the budget, Saying.
Maliki said to the importer that the opening of imports on Jordan and the exemption of more than 300 items of customs duties will disrupt the work of other ports, which affects the province of Basra and the work of land and sea ports.
The legal expert, Abdul Rahman Sabri, said that the process of restricting the importation of goods on a port without another would disrupt the work of the ports of Basra, especially since it enjoys security stability and there is no justification for issuing a decision to disrupt the work of its outlets.
The Basra Provincial Council has filed two legal cases to the First Federal Court against the general budget for 2019 and the other against the decision to import goods from Trebil.
Karbouli: It has been proven on the ground that the majority of the western provinces affected the most of the crimes of the preacher
Karbouli: It has been proven on the ground that the majority of the western provinces affected the most of the crimes of the preacher
02-2019 09:40 AM
Baghdad / News
A member of the Committee on Security and Defense parliamentary Mohammed Karbouli, on Tuesday, a recycle in Iraq, while confirmed that it was proved on the ground that the majority of Western provinces is the most affected by the crimes.
"There is a difference between talking about the presence of US forces in Iraq, the nature of the tasks they carry out, and the renewal of talk about a preacher," Karbouli told Al Akhbar.
He added that "crimes are encouraging, although they are aimed at everyone, but as proved on the ground, the majority of Western provinces is the biggest victim," noting that "we have already warned early in the entry of the rush to Iraq across the Iraqi-Syrian border, which is not insured Well, because we will be the first to pay the price. "
Speaking about the connection with the US presence in Iraq, Karbouli stressed that "the American presence in Iraq is the responsibility of the Iraqi government, because it is the one who asked him, and it is it that decides whether it is needed."
The number of votes supporting the withdrawal of US forces in Iraq has increased, in conjunction with the handover of Syria's democratic forces hundreds of reasons to the Iraqi side, and the organization to kidnap and assassinate dozens of citizens in the Anbar desert of collectors of truffles.
Kauaihn Iraq Articles:dd
Minister of Industry discusses with the head of a coalition of state law and the reality of industry and ways to promote them
26 February 2019
Minister of Industry and Minerals Saleh Abdullah al-Jubouri discussed with the head of a coalition of state law Nuri al-Maliki the reality of Iraqi industry and ways to promote them and a number of files that concern the economic side of the country.
A statement by the Ministry of Industry and Minerals "that its Minister Saleh Abdullah al-Jubouri met the head of a coalition of law Nuri al-Maliki in the presence of MP Qutaiba Jubouri."
The minister reviewed during the meeting the most important plans and programs set by the ministry according to the government curriculum to develop the reality of work and production in companies and industrial laboratories spread throughout the provinces and reflected positively on the reality of the provinces and contribute to the provision of jobs and enhance the ability of local products in the Iraqi market, stressing that the industry needs real support And urged all governmental and political bodies, both executive and legislative and from all segments of society to upgrade them and make them an important contributor to the state budget and increase its contribution to the GDP.
The Minister expressed his welcome and pride to all those who contribute to the efforts of the Ministry and its efforts to implement the themes and paragraphs of the government program as required to achieve the objectives of achieving industrial renaissance and development of local production.
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Basra Council sues speaker, prime minister over oil allocations
Tuesday، 26 February 2019 12:48 AM
Head of Iraq's Basra Provincial Council Sabah al-Bazouni filed two lawsuits to the federal government against the prime minister and parliament speaker over dissatisfaction of the oil allocations for the province in the 2019 budget.
The lawsuits were filed against Parliament Speaker Mohamed al-Halbousi and Prime Minister Adil Abd al-Mahdi due to "prejudice" against Basra, by allocating one trillion dinars for all oil-producing provinces. Bazouni said in the lawsuit that this amount is less than Basra's share alone.
Also, the second lawsuit was filed against the prime minister for the recent decision to limit the import of goods to pass only through Tarbil Border crossing between Jordan and Iraq.
The lawsuit said that Basra has many crossings, which will be affected by Abd al-Mahdi's decision, and subsequently, the province will suffer big losses.
Kurdistan Parliament announces the most prominent paragraphs of its meeting today
09:42 - 26/02/2019
Baghdad - Mawazine News
The Kurdistan Regional Parliament announced on Tuesday the most important paragraphs of its session scheduled for today.
The parliament presidency, in a brief statement received / Mawazine News / copy, that "is scheduled to hold the Parliament of Kurdistan, today, its extraordinary."
The Presidency said that "the meeting will discuss the formation of the Legal Committee of the Parliament of Kurdistan in accordance with the provisions of Articles (28-29) of the rules of procedure of the Parliament of Kurdistan - Iraq."
She pointed out that "the meeting will discuss the issue of the boycott of the Patriotic Union of Kurdistan" d
Iran, Iraq discuss latest regional developments
Baghdad, Feb 26, IRNA – Iran Deputy Foreign Minister Abbas Araqchi and Head of the National Wisdom Movement of Iraq Ammar Hakim reviewed ways to develop bilateral ties and the latest developments in the region.
Araqchi is in Iraq to take part in the Iran-Iraq joint political commission meeting which is to be co-chaired by Araqchi and his Iraqi counterpart Nazar Al-Khairullah.
Earlier, Araqchi and the Iraqi Prime Minister Adil Abdul-Mahdi in a meeting discussed bilateral ties and the joint cooperation between Tehran and Baghdad.
According to Iraqi Prime Minister Office, during the meeting both sides discussed details of the upcoming trip by Iran President Hassan Rouhani to Iraq.
They also underlined the importance of signing an MoU in line with both countries' interests.
Abdul-Mahdi hailed reinforcement of relations between the two countries and extended hope for the mutual meetings to be a turning point in developing bilateral relations.
In the meantime, Araqchi expressed hope that President Rouhani's upcoming trip to Iraq will bring about development in economic ties.
Earlier, Araqchi and the Iraqi Prime Minister Adil Abdul-Mahdi in a meeting discussed bilateral ties and the joint cooperation between Tehran and Baghdad.
According to Iraqi Prime Minister Office, during the meeting both sides discussed details of the upcoming trip by Iran President Hassan Rouhani to Iraq.
They also underlined the importance of signing an MoU in line with both countries' interests.
Abdul-Mahdi hailed reinforcement of relations between the two countries and extended hope for the mutual meetings to be a turning point in developing bilateral relations.
In the meantime, Araqchi expressed hope that President Rouhani's upcoming trip to Iraq will bring about development in economic ties.
Alternatives to Nasiriyah thermal power station are demanding improvement of their living conditions
Tuesday 26 February 2019 - 09:25 p
Alternates at Nasiriyah thermal power plant
Dozens of alternate members of the Nasiriyah thermal power station in Dhi Qar province on Tuesday morning staged a stand to demand better living conditions.
A number of them told the reporter that they are demanding the calculation of their extra work hours and allowances for rotation and dangerous and compensatory holidays, stressing that they suffer from marginalization and exclusion, they say.
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ECONOMIC TIMES / CHATTER
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MIDDLE EAST
Reuters
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GLOBAL/NEWS/INFO
Everything You Need to Do Before You Retire
Barron's
Barron's
Financial advisors explain what workers close to retirement need to know before retiring. Read the full story
These Are the World's Healthiest Nations
Bloomberg
Maybe it’s something in the gazpacho or paella, as Spain just surpassed Italy to become the world’s healthiest country. Read the full story
Here’s the biggest news you missed this weekend
USA TODAY
From R. Kelly and Robert Kraft charges to the Oscars, here's what to know. Read the full story
OIL/COMMODITIES/ENERGY
Gold / Silver / Copper Prices - Weekly Outlook: Feb. 25 - Mar. 1
Investing.com
Commodities Feb 24, 2019 12:41 GMT Investing.com - This week gold prices are likely to remain sensitive due to the ongoing trade talks between the U.S. and China, while U.S. economic data will also be closely watched for its impact on the greenback, one of the biggest drivers for the precious metal. On Friday U.S. President Donald Trump said he was open to extending the March 1 deadline for hiking tariffs on $200 billion worth of Chinese goods to 25% as long as progress was being made in Read the full story
The Week Ahead: Stocks, Bonds And Gold
Forbes
As we head into the end of the month Tom Aspray shares his technical outlook on the stocks, bond and the gold markets. Read the full story
PRECIOUS-Gold inches up as dollar eases on Sino-US trade hopes, palladium hits record
Reuters
Gold prices edged up on Monday as thedollar eased after U.S. President Donald Trump said he woulddelay an increase in tariffs on Chinese goods as trade talksbetween the two nations were making progress, while palladiumhit a record-high. Read the full story
METALS-Copper hits its highest since July as Trump defers tariff hike
Reuters
Reuters
(Adds comment, updates prices; adds BEIJING to dateline) SINGAPORE/BEIJING, Feb 25 (Reuters) - London copper pricestouched their highest since July on Monday after U.S. PresidentDonald Trump said he would delay an increase in tariffs onChinese goods scheduled for March 1. Citing "substantial progress" in trade talks over theweekend, Trump also said he would plan a summit with ChinesePresident Xi Jinping at his estate in Florida to conclude anagreement, assuming both sides make more progress. Read the full story
U.S. Shale Boom Keeps Rolling Even as Wildcatters Save Cash - Oil and Gas News
Oil and Gas People
Oil and Gas People
America’s surging shale oil production shows little sign of abating, despite industrywide spending cuts, as explorers learn to do more with less. Almost all the independent producers have reduced their budgets for 2019, but many still expect to deliver double-digit growth in production this year, fourth-quarter earnings reports show. Growth is slowing but still strong: the U.S. will add about 1.45 MMbopd on average this year, down from 1.6 million in 2018, according to the Energy Information Read the full story
Alberta Expects $1.7 billion Profit from Crude-by-rail Operation - Oil and Gas News
Oil and Gas People
Alberta is preparing a giant crude-by-rail operation to help its oil-sands producers cope with a pipeline crunch, and it expects a big profit from the venture. The Canadian province, which holds the world’s third-largest crude reserves, plans to net $1.7 billion (C$2.2 billion) after investing $2.8 billion (C$3.7 billion) to lease tank cars and buy service from rail providers, generating$4.47 billion (C$5.9 billion) from sales and increased royalty and tax revenue, according to a statement on Read the full story
BANKS/BANKING/CREDIT
UPDATE 1-Saudi c.bank governor says does not see more bank mergers
Reuters
(Adds quote, background on mergers) Read the full story
Kuwaiti Islamic banks acquire 38% market share of banks’ assets
Mubasher
Mubasher: Kuwaiti Islamic banks had a market share accounting for 38% of total banking system assets by the end of the first half in 2018, Fitch Ratings said in a recent press release. “Islamic banking activities are only undertaken by Islamic … Read the full story
SocGen could cut 1,500 investment banking jobs: Le Figaro
Reuters
Societe Generale could shed 1,500 investment banking jobs as part of a cost-cutting plan, French newspaper Le Figaro reported. Read the full story
What Happens When A Russian Bank Goes Bust
Forbes
A top Russian bank founded by two billionaire brothers, PSB Bank, has gone belly up, swallowed up by the central bank, leaving its VIP investors holding the bag. Read the full story
5 Things You Should Know After a Year of Using Travel Rewards Credit Cards
The Points Guy
Your first anniversary. Your child's first birthday. Your first year on the job. Like it or not, people put a lot of stock in one-year markers. We love to reflect back on the first year and look at what went right and what went wrong. After a year of earning points and miles with travel... Read the full story
Credit card debt-settlement services are risky and could affect your credit score
New York Post
Card settlement services are “risky,” according to the Center for Responsible Lending, and could have a "devastating effect" on your credit score. Read the full story
4 Financial Mistakes That Can Raise Your Interest Rates
The Points Guy
You want credit cards that boast valuable rewards and come with low interest rates. And if you’re applying for a mortgage, you want that loan to come with the lowest possible interest rate. This won’t happen, though, if lenders and credit card providers consider you to be a high-risk borrower. What’s a high-risk borrower? One... Read the full story
Fisher Investments manages $100 billion in wealth the old-fashioned way
Axios
Ken Fisher doesn't care about millennials, or apps, or disrupting anything; he's in all respects the epitome of the kind of investment manager that younger, cooler startups are attempting to disrupt. So far, there's no sign that they've made so much as a dent in his revenues. Read the full story
TREASURIES/BONDS/STOCKS
Buffett holds out hope for giant deal as cash pile grows again
Bloomberg
Warren Buffett says he wants to spend Berkshire Hathaway Inc.’s growing pile of cash on a giant acquisition, but he doesn’t see that happening anytime soon. Read the full story
Credit card debt-settlement services are risky and could affect your credit score
New York Post
Card settlement services are “risky,” according to the Center for Responsible Lending, and could have a "devastating effect" on your credit score. Read the full story
The Significance Of Stock Market Resistance Levels : 5 Price Charts
Forbes
A price chart look at the NASDAQ Composite, the S&P 500, the Russell 2000, Apple and Amazon. Read the full story
Economic Calendar - Top 5 Things to Watch This Week
Investing.com
Economy Feb 24, 2019 11:08 GMT Investing.com - Markets will be watching for any important developments on the U.S.-China trade front this week, as the two sides race to strike a deal before Friday’sdeadline. U.S. tariffs on $200 billion in imports from China are set to rise to 25% from 10% if no deal is reached by March 1. Besides trade, there will also be important testimony from Federal Reserve Chair Jerome Powell, who appears Tuesday and Wednesday before congressional panels on the economy Read the full story
5 things you need to know to start your week
Bloomberg
Here are some of the things people in markets are talking about. Read the full story
Top 5 Things to Know in The Market on Monday
Investing.com
Economy Feb 25, 2019 10:33 GMT Investing.com - Here are the top five things you need to know in financial markets on Monday, February 25: 1. Trump Delays U.S. Tariff Hike on Chinese Goods U.S. President Donald Trump said on Sunday that he would delay an increase in tariffs on Chinese goods that had been scheduled for Friday, citing "substantial progress" in U.S.-China trade talks over the weekend. The president said in a series of tweets that progress had been made on a host of divisive issues, Read the full story
CRYPTO'S / DIGITAL CURRENCY
Ethereum [ETH/USD] Price Analysis: Bulls dominate the market even as the bear lingers
AMBCrypto
The cryptocurrency market has slowed down after a bull run swept through it this past week. Ethereum [ETH] was one of the cryptocurrencies to gain from this bull market too. According to CoinMarketCap, at press time, Ethereum [ETH] was trading at $147.36 with a market cap of $15.46 billion. The coin recorded a trading volume... Read the full story
Tron [TRX/USD] Price Analysis: Cryptocurrency price remains stagnant as bear reigns supreme
AMBCrypto
The cryptocurrency market has been on a roller coaster ride for quite some time now, with several popular cryptocurrencies seeing significant bearish turns after slightly bullish spikes. Popular coins like Bitcoin [BTC], Ethereum [ETH] and Tron [TRX] have been caught in a bear hug, which affected not just the price, but also the market cap.... Read the full story
Bitcoin Price Analysis - Bulls Blast Through $4K But is a Correction Imminent? - Bitcoinist.com
Bitcoinist.net
Bitcoin price continued surging through the early hours of Sunday morning, making new highs for 2019, up 1.9% at $4190. As we head into the weekly close we look at the price action and what may lie ahead. WEEKLY CHART Looking at the weekly chart at the time of writing, Bitcoin price 00 has cleared important technical levels of $4040 and $4106, which are the highest weekly closes since the fall from $6k. A close above $4100 would be significant as it would mean that BTC price has printed a higher Read the full story
Bitcoin Price Market Update: Another lesson the token has taught us
Coin Insider.
Ideally any pullbacks in Bitcoin we want to see the 61.8% Fibonacci extension hold ($3,800). Potential buy-in zones would be $3,600-$3,700, however, never have blind orders sitting on the order book. You ideally want to wait for a daily candle close to confirm supports when buying pullbacks. Feb 23rd – Bitcoin Daily Market Update – another lesson learned by WolfpackCrypto on TradingView.com Display patience and let the market move. If you bought in with me again near the $3,800-$3,900 level you Read the full story
Back Above $4k: Bitcoin's Price Jumps to a Two-Month High
CoinDesk
Bitcoin's price returned above $4,000 on Saturday for the first time in over eight weeks as the broader cryptocurrency market flashed green. Read the full story
Litecoin [LTC] Price Analysis: Market stalemate as indicators offer mixed signals for the coin
AMBCrypto
The fifth largest crypto asset on CoinMarketCap, Litecoin [LTC] surged on the back of this week's bull run before slipping back during the latter part of the week. The 'silver' crypto coin opened with $49.48 and crept to $49.88 during the day. However, it failed to breach the $50 mark. The trading pair LTC/BTC was trending... Read the full story
Long-Term Bitcoin Price Indicator Turns Bearish, Suggesting Bottom May Be In
CoinDesk
Bitcoin likely bottomed out in December and could begin a new bull run this year, as a lagging indicator has turned bearish for the first time in four years. Read the full story
CURRENCIES
PRECIOUS-Gold gains as dollar sags against yuan on China tariffs delay
Reuters
Reuters
(Adds comment, details, updates prices) Read the full story
Former US central bank head Janet Yellen cautions Donald Trump’s trade negotiators against demanding a stable yuan to end trade war
South China Morning Post
South China Morning Post
Former US Federal Reserve chair Janet Yellen – refuting the Trump administration’s allegations that China is a currency manipulator – wants American trade negotiators to think twice about asking China to maintain a stable exchange rate between the yuan… Read the full story
Zimbabwe devalues currency as economic crisis deepens
FurtherAfrica
FurtherAfrica
Zimbabwe underwent a de facto devaluation on Friday as its central bank began trading a sharply discounted replacement currency, attempting to ease a cash crunch that has hobbled the economy and plunged millions deep into poverty. Read the full story
WRAPUP 2-China's shares, yuan at more than 7-mth highs as Trump delays tariff rise
Reuters
Reuters
* SSEC +3.3 pct, CSI300 +3.6 pct, HSI +0.2 pct Read the full story
Stocks Gain in Asia, Yuan Rises on Trade Optimism: Markets Wrap
Bloomberg
Asian stocks climbed with U.S. futures and the yuan rose after U.S. President Donald Trump postponed the date for boosting tariffs on Chinese imports, in the latest sign of progress in bilateral trade talks. Read the full story
HEALTH / SCIENCE
Keep a 'Mobile Medicine Cabinet' Packed in Your Suitcase For Travel Mishaps
lifehacker
I do a good bit of travel writing, which means I spend a lot of time on the road. After a few “emergency” trips to the local drug store, which can often be difficult to find, I took a small cosmetic bag and created a bag of medication for my suitcase that I always have with me because I leave it packed. Read the full story
E-cigarette company Juul is now doing health research, but the findings from its first study are limited
Business Insider
Business Insider
On Saturday, for the first time in its roughly two-year history, e-cigarette company Juul presented some data from a clinical trial of its devices. The company has a reputation for aggressively marketing its dessert-flavored nicotine products to teens, some of whom, research suggests, may now be at a higher risk of using regular cigarettes. But Juul, which is now partially owned by Marlboro maker Altria, is now conducting scientific research. In general, that research is considered a key step Read the full story
Health Care and Insurance Industries Mobilize to Kill ‘Medicare for All’
The New York Times
Doctors, hospitals, drug companies and insurers have a simple message: The Affordable Care Act works reasonably well and should be improved, not repealed or replaced with a big new public program. Read the full story
Eat more of this one nutrient to reduce the risk of 4 major diseases
Ladders
Was it a vitamin? A mineral? Or the ever-popular protein? Nope. The edible element responsible for these dramatic effects was none other than this ... Read the full story
Health insurers now required to cover prostate screenings
Newsday
A new law quietly went into effect last month that requires health insurers to cover the cost of routine screening for prostate cancer, a measure aimed at encouraging more men to consider the benefits of being tested. Read the full story
Can You Lose Belly Fat in 2 Months? These Experts Say Yes — Here's How
POPSUGAR
So you want to lose belly fat. You probably want to see results as soon as possible; you've probably even seen the articles online or magazine coverlines that promise a flat belly in days or with just one move. If these claims sound too good to be true, that's because they are.In reality, losing bel ... Read the full story
USA / CANADA
Retirement: How do your financial habits compare with others?
USA TODAY
Fact: Retirement saving is simple, like losing weight. Sadly, like with shedding pounds, most people just won’t do it. Read the full story
“No rush”: Trump redefines success ahead of second summit with North Korea’s Kim Jong Un
The Washington Post
Some aides fear that Trump could offer a major concession to Kim in hopes of securing a reciprocal commitment he can herald as a political victory. Read the full story
Here's what's 'more disturbing' to Larry Fink about the future of US-China trade than anything else
CNBC
The trade war and ongoing negotiations between the world's two largest economies is a looming danger, Larry Fink says — but not for its immediate impact on markets or growth. Read the full story
EMERGING MARKET
Deadly violence breaks out between Venezuela troops and protestors
TODAY
The humanitarian crisis at Venezuela’s border is getting worse as government troops clashed with protestors on Saturday. Venezuela’s President Nicolas Maduro is refusing to allow aid to be brought into the country. NBC’s Morgan Radford reports. Read the full story
‘Zero support for another war’: Americans march to prevent US-led intervention in Venezuela
RT News
The government of Nicolas Maduro is doing far more for the people of Venezuela than the US administration by providing free services for its population, anti-war activist Sara Flounders told RT, condemning the US-led intervention. Read the full story
Tension reach boiling point in Venezuela
CBS News
At least two people were killed and 17 injured during a standoff with the Venezuelan military. President Nicolas Maduro closed the border with Brazil and has partially closed the border with Colombia in an effort to stop humanitarian aid from entering the country. Foreign Affairs columnist Markos Kounalakis joined CBSN to discuss. Read the full story
Royals under pressure to CANCEL royal tour as anger builds over Cuba propping up Venezuela
Express
PRESSURE is mounting against Prince Charles and Camilla to cancel their historic visit to communist-run Cuba over its unwavering support for embattled Venezuelan President Nicolas Maduro. Tory MPs have joined Venezuelan politicians in condemning the upcoming visit by the royals to Cuba, warning it could be appear as an endorsement of the dictatorship regime which is accused of torturing political prisoners in crisis-hit Venezuela. One MP questioned how it could be right for Prince Charles and Read the full story
Venezuela crisis: Who is buying its oil now?
BBC News US
Sanctions block US companies doing business with Venezuela's state oil company. Read the full story
Brazil's Burgeoning Crude Production is OPEC’s Next Headache - Oil and Gas News
Oil and Gas People
When the giant P-67 floating oil production vessel lit its flare tower earlier this month, it marked the start of a Brazilian supply boom that’s poised to challenge OPEC’s efforts to balance the global market. The mammoth facility -- long and wide enough to fit an American football field -- is the first of four similar platforms to begin pumping crude this year, lifting Brazilian output by roughly 365,000 bpd, its largest annual increase in at least 20 years, International Energy Agency Read the full story
From a golden gun to a bear hug ... Saudi Prince's Asia tour tells the West: You may shun me, but I'm not alone
CNN
It's hard to think of anywhere else in the world right now where Saudi Arabia's Crown Prince Mohammed bin Salman would get the warm welcome he just had in Asia. Read the full story
EU, Arab leaders in first summit focus on security, migrants
ABC News
Leaders from European Union and Arab League countries are holding their first-ever summit, meeting in the Egyptian resort city of Sharm el-Sheikh to discuss migration, security and business deals Read the full story
Britain's May calls on Saudi to use influence to end Yemen fighting
Reuters
British Prime Minister Theresa May will call on Saudi Arabia's King Salman to use his influence to encourage Yemeni parties toward peace, telling a summit that governments must redouble efforts to secure a political settlement to the crisis. Read the full story
Jared Kushner heads to Middle East to promote peace plan
Aljazeera
Jared Kushner, US President Donald Trump's son-in-law and White House senior adviser, is on his way to the Middle East to promote the economic portion of a long-awaited US plan for peace between Israel and the Palestinians. Kushner, 38, left the US for a five-nation tour late on Saturday, according to White House officials. Accompanied by US Middle East envoy Jason Greenblatt and US envoy on Iran Brian Hook, Kushner plans stops in Oman, Bahrain, Saudi Arabia, the United Arab Emirates and Qatar. Read the full story
Politics threatens future of Iraq's archaeological heritage
Aljazeera
Years of conflict have often made it too dangerous for international teams to help in the conservation of archaeological sites in Iraq. But that is not the only thing holding back restoration efforts. Al Jazeera's Charles Stratford reports from Erbil. Read the full story
Putin, Netanyahu to discuss Syria at Moscow meeting: RIA
Reuters
Reuters
Russian President Vladimir Putin will discuss the Syrian conflict with Israeli Prime Minister Benjamin Netanyahu when the two leaders meet in Moscow next week, RIA news agency cited a Kremlin spokesman as saying on Sunday. Read the full story
AFRICA
Zimbabwe: The RTGs Dollar Compounds Zimbabwe Workers' Troubles
AllAfrica
(Photo: New Zimbabwe) The government's decision to dump the United States dollar and adopt some form of local currency will hit workers the hardest as their incomes have been eroded with the floating of the exchange rate, experts have warned. Reserve Bank of Zimbabwe (RBZ) governor John Mangudya's hugely anticipated monetary policy statement delivered last Wednesday effectively brought back the local currency. The RBZ denoted the existing electronic balances, bond notes and coins in circulation Read the full story
Zimbabwe: Consumer Boss Says Overvalued Bond Note Should Trade U.S. $1 - 20 RTGs$
AllAfrica
CONSUMER Council of Zimbabwe chairperson Phillip Bvumbe has expressed doubt on the real strength of Zimbabwe's RTGS dollar which was Friday pegged at $1:2.50 by the Reserve Bank of Zimbabwe (RBZ). He was speaking to NewZimbabwe.com on the side-lines of RTGS$10 000 donation by the Grain Millers Association of Zimbabwe (GMAZ) to facilitate public hearings of the Consumer Protection Bill. The RBZ last Wednesday elevated the bond note and RTGS balances to a fully-fledged currency. Bvumbe said the US Read the full story
China will continue to increase investment in Mozambique, ICBC says
FurtherAfrica
The representative in Mozambique of the Industrial and Commercial Bank of China (ICBC), Sun Gang Pep, told the “Mozambique-China” workshop that China is interested in increasing investments in the areas of natural resources, namely oil and gas. Read the full story
Dissecting standardization in Tanzania
FurtherAfrica
Why Tanzania should invest in standards development. Read the full story
Hidden debt scandal could alienate Angola from investor community
FurtherAfrica
As Mozambique cracks the whip on officials and cronies allegedly involved in the multibillion-dollar debt scandal, string indications of deals between Angola and global companies involved in the scandal is increasingly bringing to question the credibility of President Joao Lourenco’s already-debatable drive against corruption and presents Angola as risky for foreign investors. Read the full story
ASIA
Trump and Kim seek to reignite their relationship
CNN Politics
8:20 AM EST February 24, 2019 9 Photos One of the highlights of President Donald Trump's first two years in office was his historic Singapore summit with the North Korea's leader Kim Jong Un. Though it has yes to lead to concrete results, it did bring the two sides to the negotiating table in an historic capacity. They're set to meet again in Hanoi on February 28. Months of planning and negotiating took place before the first summit. A low point occurred a year before when North Korea sent home Read the full story
Chinese overseas property buying plummets 63 per cent in 2018, hitting four-year low
South China Morning Post
Property buying by mainland Chinese investors hit a four-year low of US$15.7 billion in 2018, plummeting 63 per cent year on year amid weakening sentiment, tightener policies and growing economic headwinds, according to a survey. Hong Kong was one of the… Read the full story
Trump says trade talks with China were 'very productive'
Reuters
U.S. President Donald Trump said on Sunday that trade talks held a day earlier with China had been "very productive". Read the full story
China eyes bigger role in growing Middle East arms trade
South China Morning Post
China is seeking a bigger role in the Middle East arms trade, with a major state-owned shipbuilder opening an office there and exporters showing hi-tech weapons – including an advanced killer robot ship – at a regional defence expo last week. Military… Read the full story
Vietnam relishes role as peace maker as it seeks to balance ties
Reuters
While the leaders of North Korea and the United States debate banishing nuclear bombs from the Korean peninsula, the host of their summit this week, Vietnam, long almost synonymous with war, is relishing its role as a promoter of peace. Read the full story
Asian markets rise after Trump postpones deadline for trade deal
MarketWatch
Most Asian stock markets rose Monday after President Donald Trump said he would postpone a March 1deadline for a U.S. tariff hike on Chinese imports following weekend talks on a battle over Beijing’s technology ambitions. Read the full story
EUROPE
Brexit anger and uncertainty can be explained through fish
CNN
The economic "food chain" of British seafood — catching, trading and serving fish — highlights the knot of issues that have bedeviled the UK's efforts to divorce from the EU. Read the full story
British Prime Minister Theresa May faces another trial by parliament this week when she must tell lawmakers what progress she has made in talks with the European Union, as patience in her party wears thin and the risk of a disorderly Brexit rises. Read the full story
Can 'Brexit by the beach' talks save May's deal?
CNN
When British Prime Minister Theresa May meets with European Union leaders during a two-day gathering in Egypt's Sharm el Sheikh on Sunday, she'll be hoping for a breakthrough in her beleaguered Brexit deal ahead of a crucial vote in Parliament later this week. Read the full story
Brexit and austerity are destroying our economy – but at least we’ve learnt some valuable lessons
The Independent
I do hope the Tories are proud of their achievement in taking us from the fifth largest and one of the fastest growing economies in the EU to a 12 per cent slide on the value of the pound and a negative impact on GDP growth, thanks to austerity. Read the full story
Brexit: Eurosceptic ministers hit back in cabinet row over no-deal departure from EU
The Independent
The Independent
The cabinet row over a no-deal Brexit has reignited after Leave-supporting ministers hit back against colleagues who are trying to exclude the possibility of Britain leaving the EU without a deal. Read the full story
How will the UK's post-Brexit global role look?
BBC News US
Some politicians are beginning to focus on a vision for the UK's post-Brexit foreign policy. Read the full story
Theresa May signals she is keen to stay after Brexit 'to deliver domestic agenda'
Sky News
Sky News
Theresa May has dropped her strongest signal yet that she intends to stay on as prime minister after Brexit, despite some ministers reportedly wanting her to quit as early as the summer. Read the full story
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Tuesday 2/26/19 did update on the indicative rates Sell Rate 1190
The currency auction is 160,210,864
There are no news and announcements.
Rafidain takes a new batch of advances to retirees
Editorial date: 2019/2/26 8:05 • 76 times read
{Baghdad: Al-Furat News} Rafidain Bank, announced the disbursement of a new meal of the predecessor of retired civilian and military, ranging from 3, 5, 8 and 10 million dinars, through electronic payment tools.
The bank's information office said in a statement received by the agency {Euphrates News} a copy of it, "a new batch of retired civilian and military veterans of more than 4531 retirees."
The statement said that "the disbursement of this advance was by informing the pensioner by sending him a text message informing him of the advance payment, after he completed all the legal procedures to grant it and disbursement through the electronic payment tools, which was filled the financial balance to it."
The statement said that "the disbursement of this advance was by informing the pensioner by sending him a text message informing him of the advance payment, after he completed all the legal procedures to grant it and disbursement through the electronic payment tools, which was filled the financial balance to it."
No Update Yet
Value Traded
286,093,581
Shares Traded
484,853,169
ISX ended in Red
Kauaihn Chatter:dd
2-25-2019 Intel Guru MarkZ ...I have been asked not to talk about certain topics that could jeopardize my sources or the RV process. It’s a matter of security. Just know there is movement and momentum... I am hearing rumors that the rate has gone from the mid $4’s for us to the higher $6’s. This rumor is coming from out in the desert area (the middle east) . What we are really going to get- I don’t know but it’s exciting to see movement. [...in your opinion will we see it this month?] I do believe we will see it this month…..its going to be close to the crossover into March but we will see it IMO...I have to say this “any minute” waiting is driving me nuts…but I am very excited for where we are now. ...Hope to get more news tonight and I will let you all know. stay positive and will see you all soon. [post 2 of 2]
2-25-2019 Intel Guru MarkZ ...We do not have Asset backed yet…we are close…they are moving and shuffling and putting so much in place…I am looking for a lot to happen this week ..especially with Trump being gone. We have always heard that the President needs to be out of country when this happens..and we always heard it would happen when he was over international waters most likely. [...do you think the China trade agreement has a lot to do with what we are waiting for as far as the RV?] Yes I do…. I think it has a lot to do with what we are waiting for. ...I actually get to see the forward movement. And since I know the people actually implementing things behind the scene is why I am so excited. [post 1 of 2....stay tuned]
2-25-2019 Intel Guru Delta NOTHING MAKE SENSE WITH IRAQ...LOL... BUT IMO IT'S COMING...
2-25-2019 Intel Guru Delta NOTHING MAKE SENSE WITH IRAQ...LOL... BUT IMO IT'S COMING...
2-25-2019 Newshound Guru MilitiaMan Article: "Report: More than one million people visited the Baghdad International Fair" If one were to have watched Trump talking to the Farmer on Friday, one may want to smile. Trade. Fair Trade...
2-25-2019 Intel/Newshound Guru sandyf ...It is fairly obvious over the last 12 years that the CBI have been considering a redenomination but other factors have got in the way and it has been pushed down the list of priorities. Little point bringing a Bill to parliament if other items on the agenda are more important. Every year we see how they struggle to get agreement on the budget, if the redenomination bill ever sees the light of day it will not be an easy passage and may well get hung up indefinately..
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)
Prime Minister Adel Abdul Mahdi: The development of the agricultural sector is a priority in our vision for prosperity, stability and job creation
Prime Minister Adel Abdul Mahdi stressed that the development of the agricultural sector is a priority in our vision for prosperity, stability and job creation, Which is the basis on which it is built in many solutions, including the rights of agricultural engineers.
This came during a meeting with the delegation of the Engineers Syndicate in the presence of the Minister of Agriculture Saleh Al-Hassani and the Deputy Chairman of Agricultural Engineers Sadeq Jafar Al-Mahmoudawi.
The Prime Minister added that we are keen to provide the necessary funds and allocations for the agricultural plan and the benefits of farmers without delay. We appreciate the great role of the union and other unions and organizations in claiming the legitimate rights of their employees.
The Prime Minister briefed the Prime Minister on the agricultural engineers' demands paper and promised to meet all possible conditions and quickly to consider the amendment of the laws for the benefit of the agricultural sector and thus the agricultural engineers, as well as the provision of agricultural and residential lands and the issuance of loans and their stabilization. The Government is working to implement it.
Media Office of the Prime Minister
25 February 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 receives a delegation comprising representatives of health and medical professions
Prime Minister Adel Abdul Mahdi received today a delegation comprising representatives of the health and medical professions in the presence of the Minister of Health Dr. Alaa al-Din al-Alwan and the deputy Sheikh Sabah al-Saadi, head of the parliamentary reform and construction bloc,
During the meeting, they discussed the demands related to raising the allocation of risk and finding health and social insurance and other demands and providing the necessary solutions.
His Excellency praised the role of workers in the health and medical professions, stressing that it is the duty of the government to respond to their legitimate demands and solve their problems that have accumulated over the years, and we are keen to communicate and open doors to all segments of society.
His Excellency listened to the remarks and suggestions of a number of speakers. He also thanked the members of the delegation representing the various governorates, Mr. Prime Minister for the quick response.
Media Office of the Prime Minister
25 February 2019
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ARTICLE 1-C (from PM Mahdi's website; posted on both Arabic and English sides)
Prime Minister Adel Abdul Mahdi receives Iranian Deputy Foreign Minister
Prime Minister Adel Abdul Mahdi received in his official office today Iranian Vice Foreign Minister, Mr. Abbas Araghji, accompanied by the Iranian Ambassador to Iraq and a number of officials to prepare for the upcoming visit to Iraq by the Iranian President.
They discussed the development of relations between the two countries and the expansion of cooperation in economic, trade, water issues, borders and visas, and the common desire to reach a clear memorandum of understanding that will achieve the common interests of the two countries fairly.
The Prime Minister welcomed the development of the Iraqi-Iranian relations, which is in the interest of the two countries and the whole region. He expressed the hope that the meetings and mutual visits will lead to a change in bilateral relations and resolve the outstanding issues, foremost of which is preserving Iraq's rights in its territorial waters and working hard to achieve the interests of both countries and neighboring peoples. In all fields, and stressed the sovereignty of Iraq's readiness to build a common area along the lines of the Iraqi-Jordanian industrial zone.
The Iranian Deputy Foreign Minister conveyed the greetings of the Iranian leadership to the Prime Minister And its keenness that President Rohani's upcoming visit to Iraq will contribute to strengthening relations and expanding economic and trade cooperation.
Media Office of the Prime Minister
25 February 2019
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ARTICLE 2 (from Government of Iraq twitter account)
President @BarhamSalih delivers a speech at the
EU-League of Arab States summit in Egypt and highlights the need for regional
and international cooperation to eradicate terrorism and its violent extremist
ideology – watch a clip here.
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ARTICLE 3
Talk about "unprecedented corruption" in the government of Abdul Mahdi
BAGHDAD (Reuters) - February 26 - The Iraqi Front for National Dialogue led by Saleh al-Mutlaq accused the government of Prime Minister Adel Abdul Mahdi of unprecedented corruption by succumbing to political parties.
The leader of the Front Haider Mulla said in a press statement that "Abdul Mahdi has undergone since the formation of his government to some political parties by accepting candidates for some ministries," noting that "this submission sent a negative message to citizens and political parties on the government's determination to fight corruption."
He added in a press statement that "there are political parties, specifically some armed parties that have representatives in the government, has worked during the past period to encroach on public money, has not seen any government from previous governments since 2003," stressing that "this is a result of submission Abdul Mahdi to the will of some political parties. "
For his part, said the alliance, "Saroon", backed by the leader of the Sadrist movement Moqtada al-Sadr, he will be in the lookout for corrupt parties in the government, whatever their political affiliation.
The MP for the Alliance Abbas Alioui, "The talk of corruption files in the government of Adel Abdul-Mahdi is very early, the oversight committees in the Iraqi Council of Representatives, closely follow the work of ministries."
He pointed out in a press statement that "no documents or confirmed information on the existence of corruption in the government, and this certainly does not categorically deny his existence."
He added that "with the beginning of the work of the House of Representatives, in the month of March next, we will follow up on the disbursement of financial allocations, to prevent any corruption or waste of public money," stressing that "any minister proves it, will be held accountable and dismissal, whatever Political affiliation ".
On Oct. 25, 2018, the Iraqi parliament gave confidence to Abdul Mahdi and 14 ministers in his cabinet, after eight others were rejected.
The phenomenon of financial and administrative corruption in Iraq has increased significantly, as Transparency International classified it as one of the most corrupt countries in the world, but the Iraqi government often criticizes the reports of the Organization on corruption.
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ARTICLE 4
President of the Republic visits UNESCO and stresses the importance of restoring looted Iraqi monuments
BAGHDAD - February 25 - Iraq needs to intensify its support for a number of its files and in various sectors, especially in the period of recovery, President Barham Salih said.
During a meeting with UNESCO Director-General Audrey Azoulay on Monday, Saleh highlighted the importance of the organization's support for culture and education in Iraq and its support for restoring its looted effects, praising the organization's role in including the marshes in the list. And called on UNESCO to "urge countries to participate in the archaeological discoveries during the next phase and to put the ancient city of Babylon on the World Heritage List, and the need for the Organization to develop the curricula of the city, Iraqi schools according to modern methods and the adoption of digital software. "
For her part, Azoulay stressed the readiness of the organization to support Iraq in cultural and educational fields, restore its looted monuments, preserve its historical heritage and share its cadres in exploration and discovery, expressing its pleasure and happiness to visit the President of UNESCO.
During the meeting, they discussed the efforts of the International Organization in the areas of literacy and the exploitation of its expertise in this regard, providing opportunities for workers in the scientific research sector and developing plans and programs to address the problems in water resources and the environment and the development of education and grant priority to scholarship researchers. The Iraqi staff of the organization is similar to other countries, as well as Iraq's participation in the programs of UNESCO and its partners in the field of artificial intelligence and other modern programs. End Ah
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ARTICLE 5
Saleh in a joint conference with his French counterpart: We want the stability and reconstruction of our country and the construction of a new regional system
PARIS, Feb. 26 (Xinhuanet) - President of the Republic Barham Salih said that "eradicating, eradicating and ending terrorism is linked to the stability of Iraq and its success, and our duty as a government and Iraqi leadership is to focus on that and not to accept our country to become a battlefield for others, Our message to the world is that the success achieved in Iraq is important as we live in a transitional phase. "
"We have to work from Iraq, with our neighbors and our allies," he said during a joint press conference with French President Emmanuel Macaron in Paris. "The victory that has been achieved for Iraq is important and decisive in many areas, but it is incomplete and needs to be dedicated, solidified and sustained. International efforts to dry up the sources of terrorism with thought and funding. "
"We have always needed to strengthen the work to end this abnormal phenomenon in the region and the world," he said, adding that "the Iraqi response to this battle and their sacrifices in the most precious way to end the alleged caliphate of Da'ash, where the support we received from the International Alliance, Important role. "
"We are expecting our international allies to provide effective assistance in this field," he said, stressing that "the provision of employment opportunities for Iraqi youth and the reconstruction of destroyed cities and the return of "We must embark on a new stage, which is the establishment of sustainable security and stability in the region, and this will only be achieved with the return of Iraq capable and able in the regional equation."
"The Iraqi government headed by Dr. Adel Abdul Mahdi has priority in economic restructuring and reconstruction and we have an ambitious program of economic reform. We will need the help of our friends and allies in Europe and the world to achieve this," he said.
"We are pleased with what we have heard from President MacRoon about France's readiness to deal with these benefits and support Iraq at this stage in the economic aspect," he said. "We affirm that France has always been an effective economic partner for Iraq. We hope to build on this relationship in wider fields and welcoming contexts."
The President of the Republic noted that "despite the war against terrorism, which meant many signs, the transition to power and the holding of elections have been achieved, and we hope that we can build the state in a manner that guarantees civil democratic liberties. We must deal with the accumulated problems of the past in order to move the country towards stability. Peace ".
"We want our country to be a platform of consensus and not a place of conflict and conflict between the regional and international parties. We want the stability and reconstruction of our country and the building of a new regional system based on common economic interests, not only for the region but for the whole world," he said. "We have good relations with our neighbors and they want our success to this degree or that," he said.
"I look forward to an active partnership with President MacRoon and with France and the European Union to end this difficult period that has passed not only on the Middle East, but also on Europe against terrorism."
In response to a question by French journalist Georges Malbrunot about a terrorist who called on the French, he said that 13 terrorists had been lured into a security operation and handed over to the Iraqi authorities accused of committing crimes against Iraqis and Iraqi installations and would be tried according to Iraqi law.
"I reject this name and say these are two basic components of the peoples of that region. I am a Kurd. I was a minority name. The word minority, as if it were a kind of differentiation with others, in the new Iraqi state we wanted," said a French journalist. The Yazidis, Christians and other components have been subjected to serious grievances of extremist ideology and terrorist organizations. It is our duty as a government and my duty as a Muslim to win them. "He stressed that Iraq, but the East, would not be right, and that peace would not be restored if the Christian was not respected, respected, respected and respected in his values, religion, customs and presence. Yazidis. "
For his part, French President MacRoon said that "France supports Iraq's balanced regional policy, and that this country should steer clear of the crises of the Middle East if it is linked to Syria or Iran." "The presence of the international coalition is a key factor, and I am confident that the allies assert that Iraq has a fundamental role in the region, and our presence alongside it is necessary."
McCron said France would help victims of terrorism, including Christians and Yezidis who were tortured and killed, and should regain all their status in the new Iraq. He stressed that he discussed with the President of the Republic joint projects for the return of normal life for Iraqis, declaring that he will visit Baghdad during the current year, to strengthen military and security cooperation with Iraq. End Ah
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