WOTS Monday 3/18/19
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,166.5000 | 1,166.5000 | 1,166.5000 | | 21:00 |
| USD/VND | | | 23,198.0000 | 22,841.1000 | 22,841.1000 | | 05:15 |
| USD/CNY | | | 6.7160 | 6.7011 | 6.7128 | | 06:24 |
| USD/KWD | | | 0.3035 | 0.3025 | 0.3035 | | 06:18 |
| GBP/USD | | | 1.3298 | 1.3237 | 1.3289 | | 06:24 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,283.0000 | 14,206.0000 | 14,244.0000 | | 06:04 |
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DC NY Iraq Articles:dd
Souron accused Abdul Mahdi of causing the government not to complete the cab
18-03-2019 09:50 AM Baghdad / News
On Monday, the alliance accused Prime Minister Adel Abdul Mahdi of delaying the completion of his government, asking him to disclose the real reason for not completing his government cabinet.
"We demand that Prime Minister Adel Abdul-Mahdi to disclose the reason for the delay in sending the names of candidates for the four ministries vacant," MP Mohammad al-Ghazi said in a statement.
He added that "new names have reached Abdul Mahdi as candidates for vacant ministries," explaining that "the issue now in the hands of Prime Minister Adel Abdul Mahdi, it is the delay now, not the political blocs, and if the cause of delay, to adhere to Faleh Fayyad of the Interior, he must announce this before the media and opinion General.
Fatah: Political agreements close to naming the candidates of the remaining ministries
18-03-2019 10:24 AM Baghdad
Al-Fateh MP Mohammed al-Baladawi on Monday suggested giving the names of the candidates of the remaining ministries during the next week, noting that the political negotiations have distributed ministerial posts, but they are about to agree on the names.
Baldawi said in a statement to "News", "The political blocs agreed to complete the cabinet cabin is likely to provide names during the next week."
He added that "Fatah and others agreed to give the first post of Minister of the Interior to be named the candidate consensually between the parties while the National Union retained the portfolio of justice as well as the Sunni component, which will receive the Ministries of Defense and Education."
"What remains is the consensus on the names currently being put forward in the political meetings for submission to Prime Minister Adel Abdul Mahdi and approval."
Naeem al-Aboudi: What is going on between the people and Fatah is only understandings and not agreements
18/03/2018
Baghdad / News
The leader of the Fatah alliance Naim al-Aboudi, on Monday, that what is happening between the coalition and other Fatah are just understandings and not agreements.
Al-Abboudi said in a statement quoted by Asharq Al-Awsat that "there are understandings and rapprochement between the political blocs, especially between al-Fath and (others), but things are still going on within the framework of understandings and not agreements."
The outstanding issues are expected to be resolved by the end of this week but we can not talk about agreements yet."
Oil Minister confirms Iraq's keenness to support oil prices and stabilize the global market
18 March 2019
The Deputy Prime Minister for Energy, Oil Minister Thamer Ghadhban, Iraq's keenness to support oil prices and work with producers from within and outside the "OPEC" to rebalance the world markets by controlling the supply of oil.
He said during his participation in the 13th meeting of the Joint Ministerial Committee to monitor the reduction of production between the Organization of Petroleum Exporting Countries (OPEC) and the major producers outside it, which is held in the Azerbaijani capital of Baku. This meeting comes within the framework of the keenness of the producing countries in the Organization of Exporting Countries (OPEC) and its supporters from outside to monitor the decision to reduce the oil production, which was taken before the end of last year, which was implemented as of January 2019 for a period of (6) months.
"The meeting aims to review the reports prepared by the specialized committees and emanating from the meetings of the producers in order to achieve members' commitment to the decision to reduce production to advanced levels and control over the surplus oil supply,
And to take the appropriate steps to maintain the goal set by OPEC and its partners is the stability of the world oil markets and access to fair prices both producers and consumers, and this leads to the revitalization of the global economy.
And to take the appropriate steps to maintain the goal set by OPEC and its partners is the stability of the world oil markets and access to fair prices both producers and consumers, and this leads to the revitalization of the global economy.
Al-Ghadhban said that Iraq plays an important role in bringing the views of the producers to the logical and realistic solutions and decisions, and that he has seen through his meetings with his counterparts their keenness on that, noting that the decision to extend the agreement or otherwise will be discussed during the next meeting in Vienna next month "He said.
The deputy prime minister for energy and oil minister arrived earlier in Baku to participate in the meeting of the ministerial committee, along with the ministers of (Saudi Arabia, Russia, Azerbaijan) with the participation of the Secretary General of the Organization of Petroleum Exporting Countries (OPEC).
Iraq cuts its oil exports by 200,000 barrels per day
18-03-2019
Baghdad
Oil Minister Thamir al-Ghadhban said on Sunday that Iraq will cut oil exports by 220 thousand barrels per day compared to February, stressing the trend to cut production in April more.
"Iraq plans to increase the reduction in April, regardless of which oil fields we are talking about, but the reduction will be among the projects in which the national company is operating, and also in its service contracts," Ghadhban said in a statement read by Al-Madar. , We cut oil exports significantly, by 220 thousand barrels per day .. compared to February '.
OPEC and a number of non-OPEC oil producers agreed in December 2018 to cut production by 1.2 million bpd from October 2018.
OPEC countries have to cut output by 812,000 barrels a day, while the remaining 10 participants in the deal cut their production by 383 thousand barrels per day.
A meeting of the Technical Observation Committee of the Azerbaijani capital of Baku was held on March 17 to provide an analysis of the current market and its options for development and implementation of specific scenarios to the OPEC ministers.
On March 18, the Ministerial Oversight Committee of OPEC + will be held, comprising ministers from six countries - Russia, Saudi Arabia, Kuwait, Venezuela, Algeria and Oman.
The Committee reviews market development scenarios and, on the basis of this analysis, makes recommendations to Opec + countries on the necessary action.
"Iraq plans to increase the reduction in April, regardless of which oil fields we are talking about, but the reduction will be among the projects in which the national company is operating, and also in its service contracts," Ghadhban said in a statement read by Al-Madar. , We cut oil exports significantly, by 220 thousand barrels per day .. compared to February '.
OPEC and a number of non-OPEC oil producers agreed in December 2018 to cut production by 1.2 million bpd from October 2018.
OPEC countries have to cut output by 812,000 barrels a day, while the remaining 10 participants in the deal cut their production by 383 thousand barrels per day.
A meeting of the Technical Observation Committee of the Azerbaijani capital of Baku was held on March 17 to provide an analysis of the current market and its options for development and implementation of specific scenarios to the OPEC ministers.
On March 18, the Ministerial Oversight Committee of OPEC + will be held, comprising ministers from six countries - Russia, Saudi Arabia, Kuwait, Venezuela, Algeria and Oman.
The Committee reviews market development scenarios and, on the basis of this analysis, makes recommendations to Opec + countries on the necessary action.
Sheikh Ali announces two stories that interest the Iraqi people
18-03-2019 09:12 AM
Baghdad
The head of the legal committee in the Iraqi parliament, Sheikh Ali, disclosed what he described as two stories that "concern the Iraqi people."
Sheikh Ali said in a tweet on Twitter that "two stories of interest to the Iraqis did not mention the media unfortunately, as the Supreme Judicial Council issued its directives to the judges at the request of the Legal Committee in the House of Representatives:
Sheikh Ali said in a tweet on Twitter that "two stories of interest to the Iraqis did not mention the media unfortunately, as the Supreme Judicial Council issued its directives to the judges at the request of the Legal Committee in the House of Representatives:
1. Release a detainee on bail on Thursday, so as not to remain in position until Sunday.
2 - deter the tribesmen threatened the state maximum penalties.
Kauaihn Iraq Articles:dd
Saudi-Iranian meeting in Baghdad
18/03/2019 40
Sources: Saudi-Iranian meeting in Baghdad
Diplomatic sources said on Monday that the Saudi Minister of State for Arab Gulf Affairs Thamer al-Sbahan met with senior Iranian Assistant Foreign Minister Hussein Jabari Ansari during his visit to Iraq last week.
The sources said in a press statement that Saudi Crown Prince Mohammed bin Salman eased the rhetoric battles with Iran, and that the meeting between Al-Sobhan and Al-Ansari may pave the way for a new approach in the relationship between Riyadh and Tehran, likely that the meeting was sponsored by Iraq,
The sources said that the meeting reflects the difficult situation in Saudi Arabia due to "the political crises it is experiencing against the backdrop of the war in Yemen and the assassination of journalist Jamal Khashoggi in his consulate in Istanbul."
The source concluded by saying that the Saudi-Iranian meeting comes "after the conviction of Ibn Salman that his country suffered heavy losses to Iran," in several axes, the most important of which is "Iraq, Lebanon, Syria and Yemen."
A Saudi delegation headed by the Minister of Commerce visited Baghdad on Thursday, hours after the three-day visit of the Iranian delegation to Iraq led by President Hassan Rowhani.
The Saudi delegation included the Minister of State for Gulf Affairs Thamer Al-Subhan and other officials.
A Saudi delegation headed by the Minister of Commerce visited Baghdad on Thursday, hours after the three-day visit of the Iranian delegation to Iraq led by President Hassan Rowhani.
The Saudi delegation included the Minister of State for Gulf Affairs Thamer Al-Subhan and other officials.
Naeem al-Aboudi: What is going on between the people and Fatah is only understandings and not agreements
18-03-2019 09:46 AM
Baghdad / News
The leader of the Fatah alliance Naim al-Aboudi, on Monday, that what is happening between the coalition and other Fatah are just understandings and not agreements.
Al-Abboudi said in a statement quoted by Asharq Al-Awsat that "there are understandings and rapprochement between the political blocs, especially between al-Fath and (others), but things are still going on within the framework of understandings and not agreements."
"The outstanding issues are expected to be resolved by the end of this week but we can not talk about agreements yet."
Intelligence delegations in Baghdad to investigate foreign terrorists
Iraqi soldier walking amid the rubble of Mosul Reuters
Baghdad - Iraq Ahmed
History: 18 March 2019
An Iraqi official revealed the arrival of several foreign intelligence delegations, mostly from Europe to Baghdad, to coordinate with the Iraqi authorities, which is currently holding dozens of foreign fighters of armed supporters, who hold European nationalities and other countries, without reference to detainees coming from Syria.
The countries of these militants, according to a British news site, to obtain information about their local contacts before leaving their countries to join the organization in Iraq and Syria. Baghdad holds dozens of armed militants, who were arrested by Iraqi forces during the battles to liberate Mosul and other western and northern areas of the country under the control of the organization, for the period between 2014 to the end of 2017, most of them are French, British, German, The last of the former Soviet republics like Chechnya.
The security source revealed that most of the foreign militants had been arrested inside Iraq, and said that Iraq had provided assistance to several countries in exchanging security information related to terrorist activities and terrorists held by it.
On the other hand, a senior Iraqi official said that several foreign intelligence and security delegations visited Iraq and asked for assistance in meeting their fellow citizens to obtain information about their contacts in their countries before they left for Iraq and the way they were recruited.
Reza added: The government believes in the case of official extradition and detention better than to remain a threat and a threat to Iraqi security. A British news website quoted the Iraqi expert on armed groups Ali al-Bakri as confirming that the Iraqi authorities had shown great cooperation with the security and intelligence delegations regarding the investigations carried out with the foreign armed men, particularly the Europeans.
Baiji refinery to resume production of gasoline and is preparing to refine 70 thousand barrels per day
09:43 - 18/03/2019
Information / Baghdad ..
The Ministry of Oil announced on Monday the imminent return of Al-Samoud Refinery (Baiji) production of gasoline by one million and 300 thousand liters per day, stressing the work to increase refining capacity of the refinery to reach 70 thousand barrels per day.
"The ministry is keen to raise the capacity of refineries throughout the country and to cover the local need through the addition of new units to improve gasoline and oil derivatives and work to increase the capacity," said Undersecretary for Refining Affairs Hamid Al-Zobaie in a statement published by the official newspaper Al-Sabah. Refining and implementing a number of strategic projects. "
"The refining capacity of Al-Sumoud Refinery (Baiji) is currently estimated at 45,000 barrels per day, and the technical and engineering staff there are working to increase the refining capacity of the refinery," he said, adding that he expects to reach 70,000 barrels per day, Liter per day of benzene, which will contribute to reduce the volume of imports significantly. "
Al-Zobaie said that "rehabilitation operations of Al-Samoud refineries (Baiji) are carried out through Iraqi technical staffs and available facilities, revealing that the next few days will witness the completion of the rehabilitation of the refinery (Saladin 1), then the immediate rehabilitation of Refinery (Salah al-Din 2) Full and re-production of a capacity of 140 thousand barrels per day, as usual, especially that the gangsters of the gangs advocated defeated the destruction of the refinery completely, but the efforts of the ministry's staff was rehabilitated at an exceptional time. Ending / 25
OPEC Secretary General: Recovery of oil investments "very limited"
Economic development
18 March 2019 9:38 p
OPEC Secretary-General Mohamed Barkindo said the investments necessary to ensure stability in the world oil industry are returning after a recession but the pace is still slow.
"Major oil producers have made great achievements in terms of cooperation and efforts to avoid an imbalance in supply and demand in the global oil market and he welcomes further engagement with the United States to address the issues of the sector," Barkindo told Azerbaijani television channel Azerbaijan.
"There are a number of problems stemming from the downturn that we have seen, and at the top of the list is the issue of investments. We have seen investments shrink for two years and even now the recovery is very, very limited. "For long-term projects, the cornerstone of the global economy, the picture is still not encouraging. We therefore welcome the United States joining us in this global energy dialogue to address that and other issues affecting industry. "
The Organization of the Petroleum Exporting Countries and other major oil producers led by Russia have agreed on joint efforts to curb oil production in order to restore balance in the global crude market and support prices.
Joint operations issued an explanation of the recent clashes in Sinjar
09:59 - 18/03/2019
Baghdad - Mawazine News
The Joint Operations Command on Monday issued a statement on the recent clashes in Sinjar district.
"Following our previous statement about the attack on a checkpoint in the village of Hasawik in Sinjar by a group of four people who infiltrated from Syrian territory towards Iraqi territory and were surrounded by an ambush from the 15th Brigade in the village," the command said in a statement received by Mawazine News. Hasawik. "
"During the encirclement of the ambush, a force from the Sinjar protection came to help the people, and after that there was a clash, which resulted in the death of two soldiers and the wounding of a number of soldiers and the protection force of Sinjar.
"Following our previous statement about the attack on a checkpoint in the village of Hasawik in Sinjar by a group of four people who infiltrated from Syrian territory towards Iraqi territory and were surrounded by an ambush from the 15th Brigade in the village," the command said in a statement received by Mawazine News. Hasawik. "
"During the encirclement of the ambush, a force from the Sinjar protection came to help the people, and after that there was a clash, which resulted in the death of two soldiers and the wounding of a number of soldiers and the protection force of Sinjar.
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BANKS/BANKING/CREDIT
GLOBAL/NEWS/INFO
The Importance of Diversification
Barron's
Barron's
While risk and reward typically go hand in hand, smart diversification can help you minimize your risks. Read the full story
OIL/COMMODITIES/ENERGY
Gold Back at $1,300 on Growth Fears, Palladium Jumps on Russia Ban
Investing.com
Commodities Mar 15, 2019 18:21 GMT Investing.com - The kings of precious metals, gold and palladium, are both vying for world attention with major price milestones achieved from global growth fears and a Russian export ban, respectively. U.S. gold futures, as well as globally-traded bullion, moved above the key $1,300 perch on Friday after official suggestions of more downward pressure on China’s economy and weakening in U.S. employment trends and New York State manufacturing data. Palladium, Read the full story
Crude Oil Prices - Weekly Outlook: March 18 - 22
Investing.com - Oil traders will continue to focus on the outlook for global crude supplies in the week ahead amid signals that OPEC-led production cuts have helped tighten an...
https://www.investing.com/
Oil Down, Spooked by U.S. Economic Data; Weekly Gains Still IntactInvesting.com
Commodities Mar 15, 2019 16:21 GMT Investing.com - Forget China’s growth, for now -- the U.S. might be a bigger problem as New York manufacturing data showed on Friday, stopping short this week’s rally in oil. Both U.S. West Texas Intermediate crude and U.K. Brent oil fell after the Empire State manufacturing index slumped to a reading of 3.70 for March, its third consecutive monthly reading below 10 and the lowest since May 2017. The unexpected drop in manufacturing activity in the New York Read the full story
In Wake Of Wells Fargo Hearing, Private Prison Stocks Take Big Hit
Forbes
Activists, who have been pressuring big banks to take their money out of private prisons for years, are acknowledging this moment as one of historic wins. They also ask: is this a categorical acknowledgment that the banks will stay out of private prisons, or just a temporary pause? Read the full story
Week’s Best: Envestnet’s Purchase, Wells Fargo’s Culture
Barron's
Here are the week’s top stories at Barron’s Advisor, including Envestnet’s acquisition of MoneyGuide financial planning software. Read the full story
European Central Bank on Bitcoin, Coinbase now supports XLM and more
AMBCrypto
Crypto News - 15th March - XLM listed on Coinbase Pro, ECB's take on BTC, and more Don't forget to follow us for the daily video#XLM #Coinbase #StellarLumens #FIO #Bitcoin #ECB #cryptopia@coinbase @Cryptopia_NZ@StellarOrg pic.twitter.com/lPNWimeYr4 — AMBCrypto (@CryptoAmb) March 15, 2019 Daily Crypto News - 15 March Court's verdict on Mark Karpeles: Tokyo's District Court ruled that... Read the full story
Big Banks Are Prepping For Slowdown, But Their Bonds May Offer Healthy Returns
TheStreet
U.S. banks are quietly making plans to protect themselves from a slowing domestic economy, potentially giving investors the chance to profit from some of the very bonds that many bank bosses resisted issuing when regulators overhauled the sector in the wake of the global financial crisis. U.S. banks are quietly making plans to protect themselves from a slowing domestic economy, potentially giving investors the chance to profit from some of the very bonds that many bank bosses resisted issuing Read the full story
This Week In Credit Card News: Growing Use of Tap-And-Pay; Why Refunds Are Given With Prepaid Cards
Forbes
What took place this week in the credit card and payment industries Read the full story
The Best Checking Accounts
The Points Guy
Your checking account plays a big role in how you manage your household finances each month. It's your financial hub, the place where the money you earn goes in and where the money you spend goes out — hopefully, in part, to pay off credit cards that earn you valuable points and miles. Are you... Read the full story
TREASURIES/BONDS/STOCKS
How to Play Small-Cap Stocks Now
Barron's
Small-cap stocks still look cheap relative to large-caps, says RBC Captial Markets’ Lori Calvasina. Historically, such dislocations are small-cap buying opportunities. Read the full story
Investors are in a holding pattern. Here's why
CNN Business
The stock market has been relatively quiet lately. But the calm may not last much longer. Investors may soon have actual details about a US-China trade deal to digest as well as a wave of corporate earnings reports. Read the full story
Stocks - Dow Snaps Losing Streak as China Touts Progress on Trade
Investing.com
Stock Markets Mar 15, 2019 20:04 GMT Investing.com – The Dow racked up gains Friday, snapping a two-week losing streak on reports of progress in U.S.-China trade talks. The Dow Jones Industrial Average rose 0.54%, the S&P 500 added 0.50%, while the Nasdaq Composite gained 0.76%. A wave of green washed over wall street stocks after China official state-run Xinhua news agency reported that the United States and China had made "further concrete progress on the text of the trade agreement." The news Read the full story
Economic Calendar - Top 5 Things to Watch This Week
Investing.com
Economy Mar 17, 2019 10:24 GMT Investing.com - The Federal Reserve’s policy meeting will be the big deal for markets in the week ahead. While the U.S. central bank is not expected to take action on interest rates, investors will be watching for signals on how patient it will be before raising borrowing costs again. Policymakers have pointed to two increases in 2019, but a recent wave of underwhelming U.S. economic data, along with worries over the ongoing U.S.-China trade conflict, have Read the full story
CRYPTO'S / DIGITAL CURRENCY
Bitcoin's [BTC] Positive Break-out: BCH, LTC, ETH, XRP and other Altcoins Commence the 'Alt-season'?
Coingape
Bitcoin which was moving sideways in a small range near $3900, finally broke the $4000 resistance gaining 3% on the daily. The sideways movement of the market in the past week had left the traders uncertain, regarding the direction of the next big move in the Bitcoin price. However, a break above the range might suggest that bulls have taken control. The total altcoin market capitalization (excluding Bitcoin) has gained 4.5% on the daily. Bitcoin Cash (BCH), Litecoin (LTC) and Ethereum (ETH) are Read the full story
Riot Blockchain to Launch Regulated Crypto Exchange in the US
CoinDesk
Riot Blockchain is planning to launch a regulated exchange in the U.S. to offer crypto banking and trading services. Read the full story
Bitcoin Suddenly Back Above $4,000--Here's Why
Forbes
Bitcoin, which has struggled to hold on to previous attempts to gain a footing above $4,000, has today rallied to a little over the psychological barrier, gaining almost 4% over the last 24 trading period... Read the full story
Bitcoin [BTC] surges above strong resistance at $4,000 before falling victim to market correction
AMBCrypto
The cryptocurrency market saw a herd of bulls rescuing the coins from the bear market. Most of the major coins on CoinMarketCap saw a significant price hike after bulls pushed Bitcoin [BTC], the world's largest cryptocurrency, above the $4,000-mark. Bitcoin [BTC] surged from $3,890 to $3,932.77 over a matter of hours, but fell victim to... Read the full story
Crypto Spring is just around the corner, says SEC's Valerie Szczepanik
AMBCrypto
The senior advisor for digital assets and innovation at the United States Securities and Exchange Commission [SEC], Valerie Szczepanik, is of the belief that the crypto-winter that has enveloped the coin market for over a year, is set to end, with a "crypto spring" taking its place. At the recently held South by South West... Read the full story