WOTS Saturday 3/2/19:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,186.0000 | 1,166.8000 | 1,171.8000 | | 16:40 |
| USD/VND | | | 23,198.0000 | 22,943.8000 | 22,943.8000 | | 15:00 |
| USD/CNY | | | 6.7091 | 6.6879 | 6.6931 | | 11:30 |
| USD/KWD | | | 0.3037 | 0.3025 | 0.3030 | | 16:52 |
| GBP/USD | | | 1.3284 | 1.3172 | 1.3254 | | 17:08 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,189.5000 | 14,093.5000 | 14,123.0000 | | 16:24 |
CNBC Link:
CNBC Morning Squawk Link:
No link yet
DC NY Iraq Articles:dd
![]()
Rikani announces approval of raising housing loan ceiling
A new financial crisis will hit the world's economies in 2020
Researcher Shatha Khalil *
Eleven years have passed since the economic crisis of September 14, 2008, when Lehman Brothers officially declared its bankruptcy due to losses in the mortgage market and its effects spread across the world. It was described as the worst financial crisis in history But this economic disaster may be revived amid expectations that the situation will worsen in 2020, which requires preventive measures to reduce the impact.
Fears began to deepen from the next financial crisis, with the state of confusion and record declines in the financial markets, and in light of the sharp decline in oil prices, which has become alarming among several quarters in the United States, as well as the continuing trade war between Washington and Beijing, if calmed down After the announcement of a temporary truce between them in the last summit of the twentieth, but it is sure to shadow the world economy already burdened with a lot of political problems that create chaos, and does not herald new investments and economic development, non-war economy, which means the production of resources and Its nature and allocation to support the war effort, including measures such as increased tax rates, as well as the introduction of resource allocation programs.
According to experts, JPMorgan Chase, a US multinational bank, has predicted the likely date of the next financial crisis, which is likely to hit the world in 2020, meaning that the "economic shock" will hit global economies soon. .
The director of one of the most important multidisciplinary research and advisory centers in the Arab world said that the crisis in the United States will begin, which will eliminate all the economies of the world. There will be many reasons, including America becoming an importing country after consuming most of its potential, And other reasons for the crisis, such as rising interest rates and their impact on financial markets, and the US-led trade war against the world, especially China, and may declare a military war against China when the crisis occurs between them.
The British financial expert, Anne Pettfor, said that the world has not learned lessons from the previous crisis, despite its mismatch on the sidelines, as banks are still working as they did in the past.
The director of one of the most important multidisciplinary research and advisory centers in the Arab world said that the crisis in the United States will begin, which will eliminate all the economies of the world. There will be many reasons, including America becoming an importing country after consuming most of its potential, And other reasons for the crisis, such as rising interest rates and their impact on financial markets, and the US-led trade war against the world, especially China, and may declare a military war against China when the crisis occurs between them.
The British financial expert, Anne Pettfor, said that the world has not learned lessons from the previous crisis, despite its mismatch on the sidelines, as banks are still working as they did in the past.
A financially secure world requires democracy first, as it is a political mechanism, which ensures decision-making by honest people so as to ensure the flow of funds and currency exchange at levels that benefit the economy and peoples and do not serve a few beneficiaries, she added.
Some economists and analysts believe that the most likely reason for the decline in US economic expansion is narrowing the deteriorating economy to the Fed, a bubble of assets, a potential tax crisis, or disruptions in international trade.
Economist Daniel Buckman said the reason for the decline in economic expansion lay in the recession caused by unexpected shocks. However, the Wall Street Journal poll provided an idea of the "current consensus" on the idea of a halt to expansion and the onset of recession, "The recession is not imminent, but the expansion will not last forever, and the next decline may come in the midst of the presidential campaign of 2020.
Some economists and analysts believe that the most likely reason for the decline in US economic expansion is narrowing the deteriorating economy to the Fed, a bubble of assets, a potential tax crisis, or disruptions in international trade.
Economist Daniel Buckman said the reason for the decline in economic expansion lay in the recession caused by unexpected shocks. However, the Wall Street Journal poll provided an idea of the "current consensus" on the idea of a halt to expansion and the onset of recession, "The recession is not imminent, but the expansion will not last forever, and the next decline may come in the midst of the presidential campaign of 2020.
The effects of the crisis are also the problem of the recession, which occurs when supply is low in supply, that is, supply is scarce and demand is low due to the inability of domestic demand or external demand (exports) to absorb the supply of goods. Wages in proportion to the high productivity or layoffs caused by increased dependence on mechanization, and trade wars between countries constitute an increase in tariff and non-tariff barriers to the accumulation of supply of goods, both of which are the main causes of the Great Depression of 1929.
Unemployment does not meet with price rises except in special cases not available here, so there is no economic logic to say that there will be a crisis leading to a large recession, unemployment and obscene At prices, because stagnation or recession usually is accompanied by a drop in prices, not a rise.
Unemployment does not meet with price rises except in special cases not available here, so there is no economic logic to say that there will be a crisis leading to a large recession, unemployment and obscene At prices, because stagnation or recession usually is accompanied by a drop in prices, not a rise.
The problem of America's transformation into an oil-importing country after consuming most of its potential and thus imposing its conditions on markets by virtue of its military power to drop prices and its expectation that the price of oil will reach $ 150 was based on statements made by a number of institutions and figures directly involved in issues Oil warns of the risk of a shortage of oil supply in the next few years.
The International Energy Agency (IEA) issued its 2017 report on oil market analysis and its future. The report says the supply is now growing in America, Canada and other countries in the world, but production could fall by 2020 if investment in the oil production industry does not resume. Current investment capacity, the reserve production capacity will fall in 2022 to the lowest level since 2008 (that is, when oil prices reached $ 150 per barrel), the agency said it does not expect that electric cars occupy a large position in the transport sector by 2022, Decrease in oil demand in Any time in the near future.
The accumulation of debt is an important warning of a financial crisis in 2019, due to the accumulation of regional and global debt. Economists have warned of a more severe global and regional financial crisis than the 2008 crisis due to an unprecedented rise in global debt to more than $ 247 trillion. With slower growth rates, lower oil prices, the US-China trade war, Berkst, and the political crises sweeping a number of countries in the region.
The International Energy Agency (IEA) issued its 2017 report on oil market analysis and its future. The report says the supply is now growing in America, Canada and other countries in the world, but production could fall by 2020 if investment in the oil production industry does not resume. Current investment capacity, the reserve production capacity will fall in 2022 to the lowest level since 2008 (that is, when oil prices reached $ 150 per barrel), the agency said it does not expect that electric cars occupy a large position in the transport sector by 2022, Decrease in oil demand in Any time in the near future.
The accumulation of debt is an important warning of a financial crisis in 2019, due to the accumulation of regional and global debt. Economists have warned of a more severe global and regional financial crisis than the 2008 crisis due to an unprecedented rise in global debt to more than $ 247 trillion. With slower growth rates, lower oil prices, the US-China trade war, Berkst, and the political crises sweeping a number of countries in the region.
The repercussions of the next financial crisis on:
Arab Region:
The Arab region in general and the Gulf region in particular will be affected by the repercussions of the next financial crisis, especially as the Gulf countries' debt to 2022 exceeds $ 400 billion, coinciding with concerns about the production of shale oil by the United States, One of the largest importers of Gulf oil.
Experts predicted that oil prices would remain low for a long time and growth rates would not exceed 2% in the coming period. This would require structural reforms in the economy as well as financial reforms.
And the International Monetary Fund (IMF) cut the outlook for the global economy for reasons such as trade protectionism and the US-China trade war as trade disputes around the world intensified.
Are new features beginning to threaten the structure of the global economy today, and after a decade of financial and economic collapse, and whether as a result of weak financial regulation procedures, the implications of inequality, and the escalating global imbalances and political tensions in the Middle East, among the causes of this collapse?
Countries with major economies must stop - and counter - any attempt to undermine global trade, which has been the main engine of global economic growth since the end of the Second World War, and which would have dire economic consequences and high costs for all, including the United States, Beyond the United States, the international community must address the wrong policies that destroy the economy and emphasize the principles of the open multilateral trading system before it is too late.
Emerging economies:
The widespread warnings of a new financial crisis leading to a recession may be worse than in 2008, caused by the accumulation of private and government debt in developed and emerging economies, while interest rates in the US and other countries are rising, Leads to the inability of governments and the private sector to repay their debts, especially if interest rates continue to rise. Economic Studies Unit Center for Research and Strategic Studies
Arab Region:
The Arab region in general and the Gulf region in particular will be affected by the repercussions of the next financial crisis, especially as the Gulf countries' debt to 2022 exceeds $ 400 billion, coinciding with concerns about the production of shale oil by the United States, One of the largest importers of Gulf oil.
Experts predicted that oil prices would remain low for a long time and growth rates would not exceed 2% in the coming period. This would require structural reforms in the economy as well as financial reforms.
And the International Monetary Fund (IMF) cut the outlook for the global economy for reasons such as trade protectionism and the US-China trade war as trade disputes around the world intensified.
Are new features beginning to threaten the structure of the global economy today, and after a decade of financial and economic collapse, and whether as a result of weak financial regulation procedures, the implications of inequality, and the escalating global imbalances and political tensions in the Middle East, among the causes of this collapse?
Countries with major economies must stop - and counter - any attempt to undermine global trade, which has been the main engine of global economic growth since the end of the Second World War, and which would have dire economic consequences and high costs for all, including the United States, Beyond the United States, the international community must address the wrong policies that destroy the economy and emphasize the principles of the open multilateral trading system before it is too late.
Emerging economies:
The widespread warnings of a new financial crisis leading to a recession may be worse than in 2008, caused by the accumulation of private and government debt in developed and emerging economies, while interest rates in the US and other countries are rising, Leads to the inability of governments and the private sector to repay their debts, especially if interest rates continue to rise. Economic Studies Unit Center for Research and Strategic Studies
Deputy for al-Fath al-Marabad announces efforts to amend the law of political parties
2 Friday 1 March 2019 - 11:43 pm
The MP for the Fatah alliance, Nasr al-Moussawi, announced the existence of efforts to amend the political parties law, criticizing at the same time fighting the parties among them, which led to the harm of the people while those parties had to serve the citizens and support the people against what they called the external attack.
Al-Moussawi stressed on the need to have proper management of all parliamentary and local committees in the provincial councils and to prevent the parties from controlling these committees or the interference of party figures in their work.
Palestinian president to visit Baghdad early next week
Release date: 2019/3/1 23:57 • 68 times read
(Baghdad: Al-Furat News) Palestinian President Mahmoud Abbas intends to visit the Iraqi capital Baghdad early next week.
Media sources quoted a source as saying that "the Palestinian president will visit Baghdad at the head of a Palestinian government delegation in the next few days."
"The date of the visit has not yet been determined, but I think it will be in the early days of next week," he said.
"The date of the visit has not yet been determined, but I think it will be in the early days of next week," he said.
Rikani announces approval of raising housing loan ceiling
02-03-2019 12:28 AM
Baghdad:
Minister of Construction and Housing, Pekan Rikani, announced on Friday the approval of the Council of Ministers to raise the ceiling of housing fund loans to reach 50 million Iraqi dinars.
Rikani said in a tweet on Twitter: "a new achievement with the approval of the Council of Ministers on the proposal of our ministry to raise the ceilings of lending from the Housing Fund."
He explained that "the ceiling of lending to the residents of Baghdad, 50 million, while the ceiling of lending to the provinces of 40 million, and the population of districts and districts 35 million."
Rikani commented on the decision: "Towards further steps to contribute to the alleviation of the housing crisis and the restoration of the civilized face of our cities."
Minister of Construction and Housing, Pekan Rikani, announced on Friday the approval of the Council of Ministers to raise the ceiling of housing fund loans to reach 50 million Iraqi dinars.
Rikani said in a tweet on Twitter: "a new achievement with the approval of the Council of Ministers on the proposal of our ministry to raise the ceilings of lending from the Housing Fund."
He explained that "the ceiling of lending to the residents of Baghdad, 50 million, while the ceiling of lending to the provinces of 40 million, and the population of districts and districts 35 million."
Rikani commented on the decision: "Towards further steps to contribute to the alleviation of the housing crisis and the restoration of the civilized face of our cities."
Kirkuk: Kurdish Citizen Stabbed to Death
BasNews 02/03/2019 - 00:04 A Kurdish citizen has been stabbed to death by an Arab man in the disputed province of Kirkuk, an official confirmed on Friday.
Mohammed Fayaq, former head of Tuz Khurmatu media, said in an online statement on his Facebook feed that the incident occurred near the bridge of Lailan checkpoint, where the Kurdish citizen was severely injured by the attacker.
He further explained that the victim was taken to a nearby hospital, but that he died from his injuries at the medical center.
Fayaq identified the victim as Ziyad Azad Ramazan, and the suspect as Ahmed Salih Salim who has been taken into custody by the security forces over the killing.
Kauaihn Iraq Articles:dd
Hashemi: the crisis of the Sunni and Shiite Waqfin beginning to ignite a sectarian crisis
02-03-2019 12:08 AM
The head of the Iraqi Group for Strategic Studies Wathiq al-Hashemi said during his speech to the 'Spring', the crisis between the Sunni and Shiite Waqfs on the family of the shrines and mosques in Nineveh and others are the beginning to ignite sectarian strife deliberately, indicating that this crisis is evidence of indifference to the citizen especially that the sons of Mosul do not need any New problems.
Hashemi said that 'the crisis of the family Almqdm began Samarra and moved to Mosul and will move to the rest of the cities in the event that the government did not put an end to these practices that affect the lives of citizens in exchange for maintaining the interests of those trying to return the country to the first box,' he said, Sunni and Chinese spend their huge money on the reconstruction of Mosul and rehabilitation instead of looking for gains and profits at the expense of the citizen '.
And on the consequences of the crises in Mosul, al-Hashimi said that 'the governor of Nineveh, Nofal al-Aakoub will be held accountable in the end because of repeated problems caused by the attack, especially by members of his protection on the director of one of the schools of Mosul,' and called on Hashemi government to take the necessary measures against Aakoub and other Responsible for the abuses they have committed. Warning of a deep and significant crisis in the region
Hashemi said that 'the crisis of the family Almqdm began Samarra and moved to Mosul and will move to the rest of the cities in the event that the government did not put an end to these practices that affect the lives of citizens in exchange for maintaining the interests of those trying to return the country to the first box,' he said, Sunni and Chinese spend their huge money on the reconstruction of Mosul and rehabilitation instead of looking for gains and profits at the expense of the citizen '.
And on the consequences of the crises in Mosul, al-Hashimi said that 'the governor of Nineveh, Nofal al-Aakoub will be held accountable in the end because of repeated problems caused by the attack, especially by members of his protection on the director of one of the schools of Mosul,' and called on Hashemi government to take the necessary measures against Aakoub and other Responsible for the abuses they have committed. Warning of a deep and significant crisis in the region
Warning of a deep and significant crisis in the region
02/03/2019
The Kurdistan National Union warned of a deep political crisis in the Kurdistan region.
The MP from the parliamentary bloc in the Parliament of the region, Luqman pink, in a press statement that "while they are waiting for the results of the meeting of the Patriotic Union and the Kurdistan Democratic Party, to reach an agreement, the Democratic spokesman for the amendment of the law of the presidency of the Kurdistan region," adding that " This time he must know that taking steps without the National Union, especially in such a case, is the beginning of a deep and significant political crisis. "
He added, "We expect good results in the meeting on Sunday between the National Union and the Democratic to reach a political agreement and overcome this deadlock in the Kurdistan region, but the head of the Democratic bloc talks about the amendment of the law of the presidency of the Kurdistan region without the Patriotic Union, which is an improper step."
"In such circumstances, everyone should deal with the sensitivity of the stage and cooperation to make the political dialogue successful. If the democratic bloc cooperates with the other blocs to amend the law of the presidency of the province and the draft constitution of the region, the consequences will be dire."
He pointed out that "the law of the presidency of the province and the draft constitution of the laws that have a national dimension and modify without a national consensus and without the Patriotic Union of Kurdistan as a key party in the system of government in the Kurdistan region is an incorrect step and the beginning of the formation of a deep political crisis and large in the Kurdistan region and taking such a step will be "There are serious consequences for the parties that are contemplating such a move." .
The MP from the parliamentary bloc in the Parliament of the region, Luqman pink, in a press statement that "while they are waiting for the results of the meeting of the Patriotic Union and the Kurdistan Democratic Party, to reach an agreement, the Democratic spokesman for the amendment of the law of the presidency of the Kurdistan region," adding that " This time he must know that taking steps without the National Union, especially in such a case, is the beginning of a deep and significant political crisis. "
He added, "We expect good results in the meeting on Sunday between the National Union and the Democratic to reach a political agreement and overcome this deadlock in the Kurdistan region, but the head of the Democratic bloc talks about the amendment of the law of the presidency of the Kurdistan region without the Patriotic Union, which is an improper step."
"In such circumstances, everyone should deal with the sensitivity of the stage and cooperation to make the political dialogue successful. If the democratic bloc cooperates with the other blocs to amend the law of the presidency of the province and the draft constitution of the region, the consequences will be dire."
He pointed out that "the law of the presidency of the province and the draft constitution of the laws that have a national dimension and modify without a national consensus and without the Patriotic Union of Kurdistan as a key party in the system of government in the Kurdistan region is an incorrect step and the beginning of the formation of a deep political crisis and large in the Kurdistan region and taking such a step will be "There are serious consequences for the parties that are contemplating such a move." .
Construction announces increased housing loans across the country
Saturday, March 2 2019 - 12:29 p
Iraqi Housing Fund
Minister of Housing and Construction Bengen Rikani announced the approval of the Council of Ministers to raise the ceiling of housing fund loans throughout the country.
Rikani said in a statement received al-Marbed copy that "the ceiling lending to the residents of Baghdad has become 50 million dinars instead of 30 million,
While the ceiling of lending to the centers of the provinces of 40 million dinars, and the district districts and districts 35 million dinars.
He also promised Rikani "more steps next to contribute to alleviate the housing crisis and restore the civilized face of our cities," according to the text of the statement.
A march in Candles in Qurna to commemorate the martyrs' lives
Saturday 2 March 2019 - 12:19 p
Held in the Qurnah district north of Basra on Friday march candles to commemorate the lives of martyrs of the security forces and the popular crowd, participated by dozens of families of martyrs and citizens.
The march organizer for the second year, and launched from the neighborhood of Friday to the orbit of Imam Hussein (p) amid the justice market with a distance of up to 4 km, and called on the concerned parties to pay attention to the segment of the martyrs' families by providing material and moral support for them as well as Introduce their children to private schools.
A number of marchers took pictures of the martyrs and saw a poetry festival.
Shammari: We demand that Mr. Sistani to end the Shiite stop in Mosul
Al-Shammari: We demand Mr. Al-Sistani to end the suspension ...
01-03-2019 11:51 PM
The MP for the province of Nineveh Abdulrahim al-Shammari during his speech to the 'Degla', that the request of the Shiite Waqf in the remnants of the Sunni Waqf in Mosul would ignite sectarian strife in the country again.
He called al-Shammari, the supreme religious authority, Ali al-Sistani to address the attempts of the Shiite endowment to acquire the shrines and mosques in the city of Mosul, indicating that 'the demands of the Shiite Waqf to acquire 17 mosques and a shrine is a clear violation of the directives of the reference in Najaf, especially after the vote of the provincial council against these practices.
Al-Shammari said the lack of sectarian separation and the demands of the Shiite Waqf are contrary to the orders of reference, indicating that the city witnessed after the liberation attempts to ignite sedition through the economic offices, which supported by some factions, considering that what is happening today on the subject of the Shiite Waqf claims in Mosul.
He called al-Shammari, the supreme religious authority, Ali al-Sistani to address the attempts of the Shiite endowment to acquire the shrines and mosques in the city of Mosul, indicating that 'the demands of the Shiite Waqf to acquire 17 mosques and a shrine is a clear violation of the directives of the reference in Najaf, especially after the vote of the provincial council against these practices.
Al-Shammari said the lack of sectarian separation and the demands of the Shiite Waqf are contrary to the orders of reference, indicating that the city witnessed after the liberation attempts to ignite sedition through the economic offices, which supported by some factions, considering that what is happening today on the subject of the Shiite Waqf claims in Mosul.
Kauaihn Economic Times:
ISX Update:
ECONOMIC TIMES / CHATTER
FOR TWITTER ACCT
Just send a text message from your cell phone to:
40404 (may have to add 40404 as a contact first) Then send a message that says: Follow @FactsnOpinion1 and you will join their twitter feed and instantly get the doc. You do NOT have to join twitter to get tweets
ONLY SPACE IS AFTER FOLLOW
who are on their computers to go to:
to get to our twitter feed
Bitcoinist.net
Investors are putting the trade war behind them and pushing forward into Chinese assetsAxios
d
GLOBAL/NEWS/INFO
Meet the 15 richest family-wealth dynasties in the US, who have a combined net worth of $618 billion
Business Insider
Business Insider
The Walton siblings share a $169.7 billion fortune. The fortunes of wealthy family dynasties in the US have been increasing, according to a new report by the Institute for Policy Studies. The report looked at the 15 wealthiest family dynasties from the Forbes 400 list and found they have a combined wealth of $618 billion. Since 1982, the combined wealth of the top three families has increased by 5,868%, totaling $348.7 billion. Income inequality in America is getting worse, and dynastic wealth, Read the full story
OIL/COMMODITIES/ENERGY
Gold Prices Press Higher as U.S.-North Korean Talks Break Down
Investing.com
Commodities Feb 28, 2019 12:53 GMT Investing.com - Gold prices found support and moved higher on Wednesday as talks between the U.S. and North Korea broke down without a deal and hopes of an imminent trade agreement between China and the U.S. faded. Amid the geopolitical concerns, investors also looked ahead to data on fourth-quarter economic growth in the U.S. At 7:50 AM ET (12:50 GMT), gold futures for April delivery on the Comex division of the New York Mercantile Exchange rose $5.95, or Read the full story
Gold rises as U.S.-North Korea denuclearization talks end abruptly
MarketWatch
Gold prices gain on Thursday partly propelled by softness in the dollar, with fresh political worries in the globe also providing some support for the precious metal. Read the full story
PRECIOUS-Gold hovers near 2-wk lows as dollar gains on upbeat U.S. data
Reuters
Gold steadied on Friday, but held closeto its lowest in two weeks, as the U.S. dollar recouped lossesthanks to stronger-than-expected U.S. economic data. Read the full story
Oil rises on OPEC supply cuts, but surging U.S. output and economic slowdown weigh
Reuters
Reuters
Oil prices rose on Friday as markets tightened amid output cuts by producer club OPEC, but surging U.S. supply and a global economic slowdown prevented crude from climbing further. Read the full story
Oil prices track stocks lower after U.S.-North Korea inaction, weak Chinese data
MarketWatch
Oil prices slip, tugged down by weaker Chinese economic data and lower stock-market action after U.S.-North Korea nuclear talks ended without a deal. Read the full story
Darkening economic outlook threatens to cap oil price in 2019: Reuters poll
Reuters
Reuters
Oil analysts have grown more pessimistic over the prospects for a significant price rally this year, as booming U.S. shale output and a deteriorating global economic backdrop threaten to offset the boost from OPEC's crude supply cuts. Read the full story
BANKS/BANKING/CREDIT
4 red flags about high-yield bank accounts
CBS News
Don't let a juicy-sounding interest rate lull you into ignoring details that can reveal a bad deal Read the full story
More than half of Hongkongers don’t trust their banks, according to JD Power survey
South China Morning Post
More than half of consumers surveyed in Hong Kong do not trust their bank and even more feel the city’s lenders do not fully understand their needs, according to a new study by consumer insights advisory and analytics firm JD Power. Four out of five… Read the full story
Bankers Are On Standby 'B-List' If There's A No Deal Brexit
Forbes
Just as the British army has Operation Yellowhammer which will come into effect in the event of a 'no deal' Brexit, bankers have their 'B-List'. This is a list of traders on standby to be deployed to other E.U. countries if passporting ends in the event of a no deal on 29th March. Read the full story
ECB hikes Deutsche Bank's capital requirement to 11.82 percent
Reuters
The European Central Bank,Europe's top banking regulator, has hiked the minimum capitalrequirement Deutsche Bank needs to hold to 11.82percent from an earlier requirement of 10.69 percent, Germany'sflagship lender said on Thursday. Read the full story
Chase's Freedom Unlimited is one of the best cash-back credit cards of 2018 — and it comes with perks that many competing cards don’t offer
Business Insider
Business Insider
The Chase Freedom Unlimited is a compelling cash-back credit card for anyone looking to earn with a simple, easy-to-understand rewards program and no annual fee. While it is not the very best awards rate out there, it does come with some valuable benefits that competing cash-back cards don't offer. As long as you pay it off in full every month, you have a lot to gain and almost nothing to lose with the Freedom Unlimited card. If you want to earn cash back on every single purchase, the Chase Read the full story
Financial firms reported five times as many data breaches last year
Daily Mail
Daily Mail
Consumer banks saw a 25 per cent rise in data breaches in 2018 according to the Financial Conduct Authority, with some of the high street’s biggest names hit by hackers. Read the full story
Citibank Website Down, Not Working? Users Report '404' Message, Login Issues With Online Banking
Newsweek
Some were also having issues with the mobile app. Read the full story
Wells Fargo begins compensating customers affected by fraud; Texas to get $47m
Chron.com
Wells Fargo's program to compensate customers affected by the bank's violation of consumer protection laws has begun, the Texas Attorney General's office said. Read the full story
Lloyds' overdraft charges 'fly in the face' of transparency, say UK lawmakers
Reuters
Lawmakers have criticised a moveby Britain's Lloyds Banking Group to impose moreexpensive and complex overdraft fees on customers only monthsbefore a regulatory clampdown. Read the full story
TREASURIES/BONDS/STOCKS
Treasury yields retreat after biggest yield jump in a month, ahead of GDP
MarketWatch
U.S. Treasury yields pull back on Thursday as fixed-income investors await a key reading of gross domestic product, which is likely to give a fresh read of the pace of America’s expansion and influence trade on the day. Read the full story
Wall St. dips at open as U.S.-North Korea summit ends early
Reuters
Wall Street's main indexes opened slightly lower on Thursday after a U.S.-North Korea summit ended abruptly without a deal, but losses were limited as data showed the American economy slowed less than expected in the fourth quarter. The S&P 500 opened lower by 4.27 points, or 0.15 percent, at 2,788.11. The Nasdaq Composite dropped 21.19 points, or 0.28 percent, to 7,533.31 at the opening bell. Read the full story
Stocks - Wall Street Drops on Geopolitical Fears, U.S. Growth Slowdown
Investing.com
Stock Markets Feb 28, 2019 14:41 GMT Investing.com - U.S. stocks headed lower at Thursday’s open as solid annual growth stateside was insufficient to completely allay geopolitical concerns with respect to North Korea and China. At 9:37 AM ET (14:37 GMT), the Dow Jones dropped 19 points, or 0.07% to 25,965.68 points, the S&P 500 lost 5 points, or 0.19%, to 2,787.08 while the Nasdaq Composite traded down 17 points, or 0.23%, to 7,537.15 points. GDP in the fourth quarter slowed as expected to 2.6%. Read the full story
Expect a March pullback for the Dow, expert says
CNBC
The Dow is pacing for its best quarter since 2011. But it could be about to see a rough March, says Sven Henrich, founder of NorthmanTrader. Read the full story
How major US stock indexes fared Thursday
ABC News
Stocks close lower on Wall Street after the government reported that economic growth slowed down at the end of last year Read the full story
Top 5 Things to Know in the Market on Friday
Investing.com
Economy Mar 01, 2019 10:59 GMT Investing.com - Here are the top five things you need to know in financial markets on Friday, March 1: 1. U.S. ISM manufacturing in focus among delayed data stateside ISM manufacturing data for February will take the spotlight on Friday amid other normally key economic reports that lose some of their spark due to delayed reporting caused the U.S. government shutdown. The Institute of Supply Management will release its manufacturing purchasing managers’ index (PMI) Read the full story
CRYPTO'S / DIGITAL CURRENCY
Bitcoin [BTC/USD] Price Analysis: Token tries to escape the red zone as prices stagnate
AMBCrypto
The cryptocurrency market's roller-coaster movement seems to have come to a standstill as several coins are now seeing only minor changes in prices and market cap. Bitcoin [BTC], Ethereum [ETH] and XRP, which experienced bullish spikes over the weekend have settled for a gradual sideways movement, affecting investor sentiments. 1-hour: The one-hour chart for Bitcoin shows a... Read the full story
Square Brought in Over $166 Million Through Bitcoin Sales Last Year
CoinDesk
CoinDesk
Mobile payments firm Square has reported its revenue and profits from bitcoin sales in 2018. Read the full story
Singapore State-Owned Fund Backed Coinbase's $300 Million Raise: Report
CoinDesk
GIC Private Limited, a Singapore government-owned wealth fund, backed Coinbase’s major funding round last year, say Bloomberg sources. Read the full story
Bitcoin Price May Rise in March Despite Month's Bearish Track Record
CoinDesk
Bitcoin is heading into a historically weak month on a positive note and could see gains if resistance at $4,190 is breached. Read the full story
Bitcoin price is set to end a 6-month red candle losing streak today if the bulls can maintain a price above $3420. After a sharp $150 (4%) decline and subsequent sharp reversal, we take a look at the charts to try and get the lay of the land before the close. MONTHLY CHART Bitcoin price 00 opened the month at $3360 and managed to reach towards $4200 last week before suffering a setback on Sunday where the bears managed to take control while the bulls were taking profits and pushed BTC price Read the full story
Forex - Dollar Flat as Upbeat U.S. Data Fuels Rate-Hike Calls
Investing.com
Forex Feb 28, 2019 19:03 GMT Investing.com - The U.S. dollar was flat against a basket of major currencies Thursday as stronger U.S. economic data raised expectations the Federal Reserve may consider hiking rates this year. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, fell 0.02% to 96.06. Gross domestic product increased at a 2.6% annual rate in the fourth quarter, the Commerce Department said in its advance estimate on Read the full story
CURRENCIES
Gold recovers from 2-week low as dollar recoups losses
Mubasher
Gold prices on Thursday recovered from the two-week low tapped in the prior session. Read the full story
Dollar slides ahead of fourth quarter GDP data, amid geopolitical jitters
MarketWatch
U.S. dollar weakens and traditional havens like the Swiss franc and Japanese yen strengthen amid risk-off impulses from the U.S.-North Korea summit in Vietnam and ahead of the first reading of U.S. fourth quarter GDP growth. Read the full story
Forex - Dollar Flat as Upbeat U.S. Data Fuels Rate-Hike Calls
Investing.com
Forex Feb 28, 2019 19:03 GMT Investing.com - The U.S. dollar was flat against a basket of major currencies Thursday as stronger U.S. economic data raised expectations the Federal Reserve may consider hiking rates this year. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, fell 0.02% to 96.06. Gross domestic product increased at a 2.6% annual rate in the fourth quarter, the Commerce Department said in its advance estimate on Read the full story
Zimbabwe drops US dollar & relaunches own currency to revive economy
The spiraling economic meltdown in Zimbabwe has prompted the Central Bank to introduce a discounted currency. The government is trying to reverse chronic cash shortages that left people struggling to get hold of basic goods.
https://www.rt.com/business/
Pound euro exchange rate: GBP/EUR falls as Brexit optimists sober up
Express
Express
The pound has slipped around 0.2 percent against the euro today and is currently trading at €1.167. The pound failed to hold onto yesterday’s gains as Brexit optimism began to settle following the recent upsurge in activity. Attention now rests on Theresa May who – provided with a series of "next steps" – must now attempt to gain support for her withdrawal deal both from Parliament and the EU. Sterling, however, continued to fall despite better-than-expected UK GfK consumer confidence figures Read the full story
Aussie Slid More Than RBA Expected Last Year, Its Model Shows
Bloomberg
The Reserve Bank of Australia’s estimates of the exchange rate’s fair value show the currency last year fell further than the central bank expected as the economy slowed. Read the full story
Sri Lanka shares recover from 4-month closing low; rupee eases
Reuters
** Sri Lankan shares rose onThursday after declining for eight straight sessions to afour-month closing low in the previous day, as investors pickedup beaten-down stocks ahead of an increase in liquidity,analysts said.** The rupee closed weaker with investors waiting for directionsfrom next week's budget and the outcome of talks betweengovernment authorities and the IMF, market sources said.** The Colombo Stock Exchange index closed 0.28 percenthigher at 5,816.29, edging up from its lowest close Read the full story
HEALTH / SCIENCE
Our research has revealed DNA risk markers for suicidal thoughts – and could help change health policy
The Independent
More accurate models of suicide risk prediction are urgently needed and are vitally important for public health around the world It is very clear that both nature and nurture are important factors in suicidal behaviour More than three quarters of a million people take their own lives every year, to devastating personal, social and economic cost. Recent research has detailed the strong connection between suicide and mental illness, particularly depression. Past studies have also shown that those Read the full story
Astrobiologists Produced Building Blocks Of Life In A Miniature Hydrothermal Vent
Forbes
Astrobiologists at NASA's Jet Propulsion Laboratory built a tiny version of a deep-sea vent in Earth's primordial ocean -- and it produced one of the basic building blocks of life. Read the full story
We need more than blood drives to solve shortages of platelets - STAT
STAT
When the polar vortex froze out residents in much the United States in January, it also sent chills through the U.S. blood system, especially for people who needed platelets. “If you are safely able to leave your house, please consider giving blood for hospital patients,” tweeted the Red Cross of Massachusetts. “Polar vortex blamed for critically low blood supply,” reported Minnesota’s Northwest Community Television. Read the rest… Read the full story
This Is how CBD Could Interact With Prescription Meds
VICE
Everything we know so far about using CBD while you're taking psych drugs and other medication. Read the full story
Health officials warn of measles exposure at Midway, suburban hospital
WGN 9 Chicago
CHICAGO —Health officials said Thursday an Illinois resident has been diagnosed with measles and that person arrived on a flight into Chicago’s Midway Airport. In a statement the Department of Public Health, officials said the passenger arrived in Concourse B on February 22 and was unvaccinated and infectious on that day. Local and state health... Read the full story
Health officials warn of measles exposure at Midway, suburban hospital
WGN 9 Chicago
CHICAGO —Health officials said Thursday an Illinois resident has been diagnosed with measles and that person arrived on a flight into Chicago’s Midway Airport. In a statement the Department of Public Health, officials said the passenger arrived in Concourse B on February 22 and was unvaccinated and infectious on that day. Local and state health... Read the full story
The Number of Carbs You Can Have on a Low-Carb Diet Is Probably More Than You Think
POPSUGAR
It seems like everyone is on a low-carb diet, but as popular as it is, low-carb is a fairly ambiguous term, especially if you've never tracked your macronutrients. What does low-carb even mean, and how can you tell if it's working for you? Those are the questions we posed to Stephanie Anklan, a regi ... Read the full story
USA / CANADA
“Sometimes you have to walk”: Trump’s summit with Kim Jong Un collapses without a deal
Los Angeles Times
President Trump cut short his summit with Kim Jong Un on Thursday, rejecting the North Korean leader’s offer to dismantle a major nuclear complex Read the full story
California floodwaters turn town into 'essentially an island'
NBC News
The estimated 2,000 buildings inundated by floodwaters were mainly in and around Guerneville, an official said. Read the full story
Rain returns to the South and California floods continue
CNN
Warm, humid air from the Gulf is bringing more rain to an already soaked South while flooding continues in California. Pedram Javaheri also tells us more about the mild temperatures giving way to below average temperatures this weekend. Read the full story
Family money now behind 1 in 5 home purchases
CBS News
If the "Bank of Mom and Dad" were a mortgage lender, it would be the seventh biggest in the country Read the full story
How to estimate how much your home is worth for free before you list it for sale
USA TODAY
You can gather several different estimates online to find out what your house is worth before you speak with buyers or realtors. Read the full story
U.S. economy posts strongest growth in three years
CBS News
Despite a slowdown in the fourth quarter, the economy last year grew at the fastest rate since 2015, but experts fear a drop-off may be on the horizon. Read the full story
U.S. says seeking to cut tariff, non-tariff barriers in UK trade deal
Reuters
Reuters
The United States on Thursday laid out objectives for a trade deal with the United Kingdom that would ensure fair and balanced trade, cut tariff and non-tariff barriers for U.S. industrial and agricultural goods and reduce regulatory differences. Read the full story
EMERGING MARKETS
Emerging markets are improving, but still difficulties, says pro
CNBC
Anthony Hilton: Bet on emerging markets but choose your index with care
Evening Standard
Benchmarking is where an index of stocks is created to measure it against the performance of an asset manager. As such, it is the widest used of such measures and, one would have thought, largely uncontroversial. Read the full story
Brazil's far-right leader to visit Israel in potential boost for Netanyahu
Reuters
Brazil's nationalist President Jair Bolsonaro will visit Israel days before its April 9 election, the Israeli government said on Thursday, in a potential boost for fellow right-winger Prime Minister Benjamin Netanyahu. Read the full story
Peru plans to give Southern Copper key permit for long-delayed project -minister
Reuters
The Peruvian government will likelygrant Southern Copper Corp a construction license forits $1.4 billion Tia Maria project before its environmentalpermit expires in August, the energy and mines minister toldReuters on Thursday. Read the full story
JPMorgan stays with Venezuela in emerging bond indexes: fund managers
Business Insider
SYDNEY (Reuters) - JPMorgan has retained dollar-denominated debt issued by Venezuela's state-run oil company PDVSA in a key emerging market bond index as part of its monthly rebalancing, according to two fund managers. Investors have been concerned about the status of PDVSA debt after Washington imposed sweeping sanctions on the company earlier this year. JPMorgan, which declined to comment on its monthly rebalancing, also sent out a survey to its clients asking more specific questions about Read the full story
JPMorgan stays with Venezuela in emerging bond indexes: fund managers
Reuters
JPMorgan has retained dollar-denominated debt issued by Venezuela's state-run oil company PDVSA in a key emerging market bond index as part of its monthly rebalancing, according to two fund managers. Read the full story
Emerging markets are improving, but still difficulties, says pro
CNBC
MIDDLE EAST
Jordan moving toward 'growth and opportunities,' PM says after UK aid boost
CNBC
The event, attended by international business leaders and entitled "Jordan: Growth and Opportunity, the London Initiative 2019," stems from a partnership launched by Prime Minister Theresa May in 2017 aimed at supporting economic and social reform and growth in Jordan. Read the full story
UN: Israel may have committed war crimes during Gaza protests
CNN
Israel may have committed war crimes during large-scale protests in Gaza last year when Israeli forces killed 189 protesters and injured over 6,000, according to a UN report published Thursday. Read the full story
UAE Innovation Month concludes with new projects
GulfNews
Dubai: In celebration of the UAE Innovation Month, the UAE community has enjoyed learning about a range of unique projects presented by government entities during an event, which took place from February 22-28 at City Walk. Dubai Municipality showcased a number of its innovative and unique projects, and presented their involvement in the design and construction of the city’s future through their plans to build an educative organisation based on creativity and innovation, and to provide smart, Read the full story
What’s at stake in the EU-Turkey trade talks?
TRT World
What’s at stake in the EU-Turkey trade talks? Read the full story
Saudi foreign reserve assets fall 0.9% in January
Mubasher
Riyadh – Mubasher: Saudi Arabia’s foreign reserve assets inched down 0.9% year-on-year, or SAR 17.04 billion ($4.54 billion), during January, the Saudi Arabian Monetary Authority (SAMA) reported. The kingdom’s foreign reserve assets amounted to … Read the full story
AFRICA
Zimbabwe Takes Sanctions Fight to UN
AllAfrica
GOVERNMENT has taken its campaign against illegal sanctions imposed on the country to the 40th session of the United Nations Human Rights Council (UNHRC) underway in Geneva, Switzerland. Addressing dignitaries at the UNHRC meeting in the Swiss capital yesterday, Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi urged Western countries to lift sanctions that have hamstrung Zimbabwe for about 20 years, scuttling efforts by Government to turnaround the economy. Government's calls Read the full story
Zimbabwe: Ailing Economy Tarnishes Gold's Glitter
AllAfrica
AllAfrica
Zimbabwe might have surpassed its 2018 gold production target, but some say there is little to show for it as the country’s economy remains in crisis. Kudzanayi Zvomuya is a small-scale gold panner in Bindura, about 100 kilometers north of Harare, waiting while his 20-plus kilograms of stones are processed to see how much gold they contain. This 31-year-old man is among many people in this mineral-rich area who have abandoned farming for gold mining. However, Zvomuya says not much has changed Read the full story
Zimbabwe: U.S.$ Supplies - SA Banks Pull Plug On 'Risky' Zimbabwe
AllAfrica
South African banks which have been the major sources of United States dollars for Zimbabwe since dollarisation 2009 have cut off supplies as they up the gear towards de-risking, Reserve Bank of Zimbabwe (RBZ) director, William Manimanzi has revealed. Speaking on the sidelines of a Zimbabwe Miners Federation breakfast meeting Tuesday, Manimanzi linked the development to the country's failure to follow proper dollarisation procedures with signs this was now beginning to catch up with the fragile Read the full story
U.N. seeks $234 million in aid for drought-hit Zimbabwe
Reuters
The United Nations on Thursday launched an international appeal for aid for Zimbabwe following a drought that it expects to affect around a third of the population as crop yields plummet. Read the full story
Zimbabwe: Amnesty International Zimbabwe - Board Uncovers Fraudulent Activities
AllAfrica
AllAfrica
Following an extensive and comprehensive forensic audit carried out by a reputable international audit firm, the Amnesty International Zimbabwe Board (AIZ Board) has uncovered evidence of serious fraud and financial mismanagement by individuals in Amnesty International Zimbabwe. In response to these findings, the AIZ Board has notified the appropriate national law enforcement agencies and commenced the legal process of civil recovery in order to recoup lost funds. “The gravity of these audit Read the full story
South Africa: Fuel Price Cap Research Still in Progress - Director-General
AllAfrica
AllAfrica
Deputy director general for petroleum and petroleum products regulation at the Department of Energy, Tseliso Maqubela, said on Tuesday that research into the feasibility of a fuel price cap was not yet finished. On the sidelines of a meeting of Parliament's oversight committee on energy, Maqubela told Fin24 that another month remained to collect inputs to inform the research process. "We will continue to accept submissions until March 31. From that point on we must engage with the Department of Read the full story
ASIA
Vietnam diplomat: U.S.-Vietnam ties shouldn't be a model
CNN
Veteran Diplomat and former Vietnamese Ambassador to the EU, Ton Nu Thi Ninh, says Vietnam is used to the disruption that the U.S.-North Korea summit brings. Read the full story
Vietnam Feb crude oil output seen 10 pct down y/y at 890,000 T
Reuters
Vietnam's crude oil output inFebruary is estimated at 890,000 tonnes, down 10.1 percent froma year ago, the government said on Thursday. Crude oil output in the January to February period fell 11.9percent from a year earlier to 1.85 million tonnes, the GeneralStatistics Office (GSO) said in a report. Vietnam's January to February crude oil exports were seenrising 76.8 percent year-on-year to an estimated 1.19 milliontonnes, bringing crude oil export revenue in the period up anestimated 82.1 Read the full story
S.Korea's Feb crude oil imports up 1.6 pct y/y - preliminary data
Reuters
South Korea's crude oil importsin February rose 1.6 percent to 96.0 million barrels from a yearearlier, preliminary data from the Ministry of Trade, Industryand Energy showed on Friday. Final data will be released later this month by state-runKorea National Oil Corp (KNOC). Details of preliminary imports and previous actual figuresare as follows: (In millions of barrels) Feb 2019 Jan 2019* Feb 2018* Crude Oil 96.0 93.1 94.4 * Actual import figures Note: The ministry does not break down imports Read the full story
While U.S. trade negotiators continue to push for a trade deal with China that includes "significant structural changes" to its economic model, investors are putting the trade war behind them, pushing forward into Chinese assets and being rewarded handsomely. Read the full story
Trump warning for China after Kim summit
Fox News
Will President Trump walk out on U.S., China trade negotiations? Read the full story
EUROPE
U.K. Financial Markets at Risk of Disruption with Hard Brexit: Regulator
Insurance Journal
Financial markets are still at risk of disruption if there is a no-deal Brexit, Britain’s Financial Conduct Authority said on Wednesday. FCA Chief Executive Andrew Bailey told a House of Lords committee that despite a number of measures being taken, he could give no assurance there would not be disruption if Britain crashes out of the European Union next month without a deal. Britain is due to leave the EU on March 29 but has so far not reached an agreement with Brussels that would include a Read the full story
J.P.Morgan's best guess on Brexit: 45 percent chance of exit with current deal
Reuters
J.P.Morgan kept its best guessfor Brexit unchanged on Thursday with its central assumption a45 percent probability of an exit on the terms of the currentdivorce deal. Read the full story
Norway's $1 trillion sovereign wealth fund, the world's largest, is betting on the UK — regardless of how badly Brexit turns out
Business Insider
Business Insider
Norway's $1 trillion sovereign investment fund said it will invest in the UK regardless of Brexit. "We foresee that over time our investments in the UK will increase," chief executive Yngve Slyngstad told Reuters. The Norwegian fund is already a significant investor in the UK, with investments of about 709 billion Norwegian kroner (£62.5 billion; $83.1 billion). The world's largest sovereign wealth fund is looking beyond the near-term negatives of Brexit and betting on the UK for the future, it Read the full story
After Saudi king's letter, EU states move to block dirty-money list
Reuters
The adoption of a European Union money-laundering blacklist, which includes Saudi Arabia as well as Puerto Rico and three other U.S. territories, is likely to be blocked by EU states under a procedure launched on Thursday, two EU sources said. Read the full story
CBI, ISX, Kauaihn Chatter:
CBI Update:
Closed on Saturday
Kauaihn Chatter:dd
3-1-2019 Newshound/Intel Guru Randy Koonce Based on the information I have been able to get, we could see it as soon as this weekend, but hopefully no later than the 3rd week in March. That is our latest, and hopefully the last window. For some of you the tax consequences will be significant. Pay your taxes, but also be wise in the speed and manner in which you exchange...Take your time. Be deliberate and intentional. Be smarter than you’ve ever been in your life. There will never be another opportunity of this magnitude in our lifetimes. ...ALSO this is very political so as I am very confident something can come up and delay. So do not quick breathing...We are close.. Every large bank will exchange... RELAX the RV is coming...Breathe...Check...
3-1-2019 Newshound/Intel Guru Randy Koonce Ladies and Gentlemen of Dinar-Land. Please put your tray tables in the upright position, and make sure your seat belts are fastened. It truly looks like we are on the final approach and that our very long ride is about to come to an end. I hope you have given much thought to, and made very wise plans as you exit the ride. As you all are aware of, this Iraqi dinar revaluation has taken many unexpected and unplanned twists and turns. Barring another new unforeseen bump, we are looking at March to be our final month of waiting for this to happen. [post 1 of 2....stay tuned]
3-1-2019 Intel Guru RayRen98 1. Some US banks are seeing rates on the back screen, but we're being informed that they are not the final rates. 2. Iraqi TV news broadcasted a spokesperson stating thata complete, seated government will be announced no later than March 17, 2019. 3. PM Mahdi reportedly announced on Iraqi TV that several ministers of his cabinet will be replaced due to their suspicious background. 4. Two reputable sources have reported to us that 35 Dinar is equivalent to $100 US in-country only. We await more detailed information regarding this process. 5. It is being reported to us that consumer market prices for goods services are being (or scheduled to be) adjusted due to rate changes. It is anticipated that fils (coins) will be effective with the new pricing structure in addition to the lower denoms that have been slowly trickling into circulation. Time Will Tell All!
3-1-2019 Intel Guru Bruce ...I believe yesterday for about 3 ½ hours banks had video conference calls where they were going through last minute protocols, last minute information. ...Rates are on screens... rates are going to be great. ...Everything else is just us getting started. We are down to that point. Everybody has signed off. Everything is ready to proceed...We are poised to get started I believe with our exchanges by this weekend. If we get pushed, I do not know it yet...That is where we are. We are down to the wire.
3-1-2019 Guest Guru BobTheTaxMan …And is it really worth cashing in all this dinar and ending up with this huge amount of capital and finding yourself under the gun scope of the IRS. If you have an exorbitant amount of income that show up, I mean a great big chunk, you can justify it, that’s not the problem at all, but I promise you if they audit you and you have not paid your taxes on it they are going to hit you with penalties and interests. And it’s going to be huge. Just be aware. If you take a lot out and your tax returns jump way up high you might set yourself up for an audit. Plan on it. It’s going to happen. THREE: One of the amazing blessing that’s come from 2018 to 2019 taxes is the simple fact that in the past Schedule A which is where you put your itemized deductions and report your charitable contributions had limitations on it. [Post 6 of 8]
3-1-2019 Intel Guru RayRen98 1. Some US banks are seeing rates on the back screen, but we're being informed that they are not the final rates. 2. Iraqi TV news broadcasted a spokesperson stating thata complete, seated government will be announced no later than March 17, 2019. 3. PM Mahdi reportedly announced on Iraqi TV that several ministers of his cabinet will be replaced due to their suspicious background. 4. Two reputable sources have reported to us that 35 Dinar is equivalent to $100 US in-country only. We await more detailed information regarding this process. 5. It is being reported to us that consumer market prices for goods services are being (or scheduled to be) adjusted due to rate changes. It is anticipated that fils (coins) will be effective with the new pricing structure in addition to the lower denoms that have been slowly trickling into circulation. Time Will Tell All!
3-1-2019 Intel Guru Bruce ...I believe yesterday for about 3 ½ hours banks had video conference calls where they were going through last minute protocols, last minute information. ...Rates are on screens... rates are going to be great. ...Everything else is just us getting started. We are down to that point. Everybody has signed off. Everything is ready to proceed...We are poised to get started I believe with our exchanges by this weekend. If we get pushed, I do not know it yet...That is where we are. We are down to the wire.
3-1-2019 Guest Guru BobTheTaxMan …And is it really worth cashing in all this dinar and ending up with this huge amount of capital and finding yourself under the gun scope of the IRS. If you have an exorbitant amount of income that show up, I mean a great big chunk, you can justify it, that’s not the problem at all, but I promise you if they audit you and you have not paid your taxes on it they are going to hit you with penalties and interests. And it’s going to be huge. Just be aware. If you take a lot out and your tax returns jump way up high you might set yourself up for an audit. Plan on it. It’s going to happen. THREE: One of the amazing blessing that’s come from 2018 to 2019 taxes is the simple fact that in the past Schedule A which is where you put your itemized deductions and report your charitable contributions had limitations on it. [Post 6 of 8]
3-1-2019 Intel Guru MarkZ [Would you please...comment on the Kuwaiti dinar being around $4 to 1 dinar as Iraq has been said to want parody [parity?] with Kuwait...so, if ...that is true, the bank rate for Kuwaiti dinar is a good indication for us?] Absolutely...they are looking for parity….they are looking for them to be within pennies of each other. 2 Weeks ago we were seeing a rate of about 4:43 and hearing it could climb to the high $6’s and guys anytime I mention a rate- consider it a rumor right now…until we go to the banks and money in our pockets.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
*************
ARTICLE 1 (from PM Mahdi's website)
At the time this report was submitted, there were no new articles posted on PM Mahdi's website.
*************
ARTICLE 2 (from Government of Iraq twitter account)
At the time this report was submitted, there were no new tweets posted on the Government of Iraq's twitter account.
*************
ARTICLE 3
Allawi warns of "time bomb" may explode at any moment
Arbil - Iraq Press - March 1: The leader of the National Coalition Iyad Allawi, on Friday, that the current political process no longer represent all Iraqi society, while warned not to improve the conditions of Iraqi society, which he described as "time bomb" may explode at any moment.
"There are several problems in Iraq, we are talking about good relations between Baghdad and Erbil, and we do not know how to do that," Allawi said during his first annual Erbil forum on security and sovereignty in the Middle East.
"There is an economic crisis at the door, a clear spread of drugs, and there is unemployment because of poor economic management, and terrible administrative and financial corruption."
He pointed out that "Iraq has become an arena for forces opposed to Iran, and the forces that support it," noting that "the next problems may affect the unity of Iraq and safety."
"Allawi warned of" not improving the conditions of Iraqi society, at all levels, "in what he described as" a time bomb may explode at any moment. "(1
*************
ARTICLE 4
Upper reference: The scourge of drugs is an imminent danger targeting the young population and it is necessary to prosecute traffickers
KARBALA, March 1 (Xinhua) - The representative of the Supreme Religious Authority Sheikh Abdul Mahdi al-Karbalai warned on Friday of the spread of the drug cartel because of the lack of follow-up by the concerned bodies and the preoccupation of the political class with the conflicts between them.
He said Karbalai, "The drug scourge began to spread in a large extent in society and targeting a large segment of young people," adding that "the reason for the spread due to the weakness of the law deterrent and non-treatment of the causes of unemployment and others and the preoccupation of the political classes of conflicts and the government and concerned parties to move urgently to eliminate Drug dealing and treatment of addicts and accounting traffickers who seek to gain fast through the destruction of society.
Poppy plantations were found close to some US military bases after being evacuated north of Baghdad, while other harvests were found among sugar cane and corn crops in southern Iraq.
Some of them attributed the phenomenon of spread of drug cultivation to several things, foremost of which is the huge profits achieved by this type of agriculture, in addition to that these plants need little agricultural attention, they are plants resistant by nature, and can grow in the most difficult environmental conditions and climate.
In addition, the high costs of agriculture in Iraq and the lifting of government support for farmers led to the transformation of some of them to the cultivation of such destructive crops, as compensation for some of what they lost, as well as the control of some armed militias on drug farms for the profits to be used later,
The recent armed tribal conflicts in Maysan province, which resulted in the death and injury of dozens, show that the imports of narcotics or smuggled drugs are one of the main causes. Some of them attribute the reason to the fact that Iraq is among the producing countries. A pylorus on its shutters to enter and smuggle drugs, but also to plant and manufacture them, ranging from hallucinogenic pills to poppies, cannabis, opium and antidote, and this latter enters Iraq through some Iranian visitors to the religious thresholds. Finished
*************
ARTICLE 5
The fight against terrorism: The incident of Kirkuk is old and the attempt to re-publish it again is to cause confusion
KIRKUK, March 1 (Reuters) - A spokesman for the anti-terrorism agency said on Friday that "the incident dates back more than a year, The agency in Kirkuk was part of the (law enforcement) operations, and the officers tried to bypass the regime, which led to a quarrel between the two parties, ended with reconciliation and waiver by the (officers) official record. "
Spokesman Sabah al-Nu'man denied the reports that the officers had been demobilized and detained by the officer attributed to the body. He pointed out that, "In light of what was mentioned in the book of the General Counsel Department - the Directorate of Military Justice Affairs about an attack by the officer of the counter-terrorism apparatus on the two officers "We are denying that these statements are only allegations that have not been disqualified. The issue has been investigated and the case has been closed. We are surprised at the promotion of the case again at this time, They have a big role in the "liberation" processes Including the Diyala regiment and that the agency will resort to legal procedures against the leaked of this document at this time after the closure of the case and the name and address of one of his officers in the media and communication sites, which may entail a risk to the officer is mentioned. End Ah
No comments:
Post a Comment