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NASDAQ in New York City to raise the name and logo of the Iraqi market for securities
08-03-2019 10:24 PM
Baghdad:
The New York Stock Exchange (NASDAQ: NAZDAQ) has published the name and logo of the Iraq Stock Exchange, a historic event to raise the name of Iraq and give an important message of great interest by a global institution with a solid Iraqi institution.
The Iraqi Stock Exchange is a self-regulated institution established in 2004. The Iraqi market has been used by the NAZDAQ systems, which are used by 32 Arab and European stock exchanges and NASDAQ stock exchanges in the United States from 2009 until today.
The Iraqi Stock Exchange is one of the most important Arab financial markets because it is keen to use and develop electronic systems. Today, it celebrates the Iraqi Stock Exchange with an important announcement published on the Nasdaq Stock Exchange to congratulate the international women and their role in making life.
Hakim, Iran's Zarif prepare for Rouhani's visit to Baghdad
Saturday، 09 March 2019 12:09 AM
Iraq's Foreign Minister Mohamed Ali al-Hakim received a phone call from his Iranian counterpart Mohammad Javad Zarif, where they laid the profounds of Iranian President Hassan Rouhani's anticipated visit to Baghdad.
The two sides discussed the course of bilateral relations between the two countries, and the importance of pushing forward the existing cooperation, a statement by Hakim's office read. They also tackled the latest developments in the region. They also referred to the planned visit of Iranian President Hassan Rouhani to Baghdad in the framework of boosting bilateral relations to meet the aspirations of the two neighboring peoples Hood affirms US commitment to support Iraq
Saturday، 09 March 2019 12:47 AM
This came during Hood's meeting with Iraq's Parliament Speaker Mohamed al-Halboosi on Friday. The meeting discussed the bilateral relations between the two countries and the efforts of the US to support Iraq in achieving security and stability, a statement by the parliament speaker's media office read. For his part, Halboosi stressed the need to continue efforts of the anti-ISIS Global Coalition to support the Iraqi government; to eliminate the remnants of ISIS in the country. He also asked the US to continue providing support for the intelligence and technical effort necessary for the Iraqi forces. Halboosi, during his meeting with Hood, called on the US administration to work on reconstructing the Iraqi cities, provide jobs and help fully restore the stability of Iraq to ensure the return of displaced people to their homes
Karbouli calls on the United States to continue to support Iraq with reconstruction and investment promotion
09-03-2019 12:42 AM
Baghdad:
The Secretary-General of the Party of Solution MP Mohammed Karbouli, on Friday, the United States to continue to support Iraq in the reconstruction and reconstruction and encourage investment, especially in the provinces liberated from terrorism.
A statement from the Karbouli office received by the "news" that "the Secretary-General of the Party of Solution MP Mohammed Karbouli received at the headquarters of his residence in Baghdad Andrew Beck, Deputy Assistant Secretary of State for Iraq and Iran and Jowey Howood, the charge d'affaires of the US Embassy in Iraq and his delegation. He added that "Karbouli reviewed the most prominent political issues on the Iraqi arena and the role required of the United States of America in promoting security and political stability in Iraq. Karbouli appreciated the continued support of the United States government for the armed forces and the Iraqi security services, hoping that "the United States will continue to support Iraq in the stage of reconstruction and reconstruction and encourage investment in Iraq and the cities of the provinces liberated from terrorism in particular. He praised the Secretary-General of the party solution on the positive efforts of Ambassador and staff of the US embassy in Baghdad to support the political process in Iraq.
Martyrdom of two elements of the crowd in an explosion rock cliff
09-03-2019 12:29 AM
Baghdad:
A security source said Saturday that two elements of the popular crowd were martyred by a roadside bomb that targeted their vehicle within the Al-Fadhili district in Jorf Al-Nasr.
The source said in a statement to the "news" that "an explosive device targeted a wheel belonging to the 47th general crowd within the Al-Fadiliyah district in the cliff of victory Maasfr the death of two elements of the crowd." Salih inaugurates parliament's second legislative round
09-03-2019
The Iraqi Parliament will begin its second legislative round on Saturday in the presence of President Barham Salih, who will give a speech directed to the Iraqi people and lawmakers.
Prime Minister Adil Abd al-Mahdi will attend the session, alongside other Iraqi officials. Salih will direct a public invitation to discuss states institutions' efforts to confront administrative and financial corruption. The session will be held in the presence of president of the Supreme Judicial Council and the acting president of the Office of Financial Supervision and the Chairman of the Integrity Commission. Deputy speaker calls for granting women ministerial portfolios
Iraqi Deputy Parliament Speaker Bashir Haddad called on the government to empower the Iraqi women, by engaging them in the political scene and to assign them ministerial portfolios.
Haddad called for passing laws and legislations to provide justice and equality for women, support their status in the society. On the occasion of the International Women's Day, Haddad addressed women wishing them to achieve more success, progress, prosperity and empowerment to achieve their goals and hopes of a safe and free life. Haddad praised the role of Iraqi women in shouldering the responsibility along with men in hard times. He also lauded the Kurdish women's role and the sacrifices they made to support the Peshmerga in fighting dictators for freedom, justice and democracy. Deputy warns of referral of Nineveh pharmaceutical factory for investment
Friday 8 March 2019 - 10:23 p
Deputy High Nassif warned of the referral of the Ministry of Industry Nineveh Pharmaceutical Plant for investment by a Jordanian company, demanding the Prime Minister and Minister of Health to intervene and cancel any contract or agreement concluded by the Ministry of Industry in this regard.
Nassif said in a statement on Friday that the Jordanian Minister of Industry discussed with the Iraqi Minister of Industry the file of a contract to invest the drug factory Nineveh by a Jordanian company, wondering whether Iraq is unable to operate a pharmaceutical factory and become the only consumer people in the region.
She added that there are areas that may need to attract foreign experts and investors, which are difficult and complicated fields. In the pharmaceutical sector, we have experts who have been working in this field for half a century. Nassif stressed the need for the intervention of the Prime Minister and Minister of Health and put the hand of the government on the Nineveh drug factory and its operation with Iraqi cadres or Iraqi investors and the suspension of any agreements or contracts for investment by any non-Iraqi company.
Iraq, Jordan FMs discuss boosting bilateral relations
Friday، 08 March 2019 09:51 PM
Iraq's Foreign Minister Mohamed Ali al-Hakim on Friday discussed with his Jordanian counterpart Ayman al-Safadi the latest developments concerning bilateral relations between Baghdad and Amman.
In a phone call, the two ministers discussed the regional and international issues of mutual concern, and affirmed the importance of coordination and bilateral consultation in all matters of mutual interest to both countries," a statement by Iraq's foreign ministry said. Oil agreement Iraq and Jordan in February agreed a deal over the trade of oil and commodities at a meeting between the two prime ministers on the Iraqi-Jordanian border. Under the deal, Iraq would sell 10,000 barrels per day of oil to Jordan at a special price, transported by tanker from its Kirkuk oilfields, the Jordanian prime minister’s office said in a statement. It did not say what the price was or when the oil would be exported. Iraqi goods imported via Jordan’s Aqaba port on the Red Sea would meanwhile receive preferential tariffs, it said. Iraqi Prime Minister Adil Abd al-Mahdi, who said on Tuesday the deal was close to being reached, finalized the agreement in a meeting with his Jordanian counterpart Omar Razzaz. Aqaba port at the north end of the Red Sea has long been a major transit route for Iraqi imports and exports, and Amman has long relied on Iraqi crude to fuel its economy. Razzaz’s office also said Jordan would begin to export electricity to Iraq within the next two years. Abd al-Mahdi said the government aims to decrease dependency on oil exports for state revenue. Oil exports from OPEC’s second-largest producer account for more than 95 percent of state revenues. Tarbil Border crossing The opening of the Tarbil border crossing between Iraq and Jordan over the weekend has stirred debate in Baghdad over the purpose of the agreement. Iraqi MP Abdullah al-Khraybit said in press remarks that the deal offers more job opportunities for the residents of Anbar and will help the fight against terrorism. “The fight needed such bold decisions,” he remarked. The deal will also see Jordan increase its security cooperation with Iraq and dedicate intelligence efforts to securing the eastern borders, he said. The Presidency of the Parliament congratulates Saadi and confirms her support for the Bar Association with legislation
Date of release: 2019/3/8 10:14 • 119 times read
(Baghdad: Al Furat News} congratulated a member of the Presidency of the House of Representatives Hassan al-Kaabi, on Friday, {Diaa al-Saadi} on the occasion of his victory as the head of the Iraqi Bar Association.
Al-Kaabi confirmed in a statement received by the agency {Euphrates News} a copy of "the important role that the presidency of the union during the next stage in maintaining the prestige of the profession and uphold the word of truth and justice and establish the values of democracy in the country."
He expressed "the support of the House of Representatives for the work of the union through the adoption of legislation supporting the rights and protection of lawyers and contribute to strengthen their position in Iraq." The general judicial committee overseeing the elections of the Bar Association, yesterday announced the victory of Dia al-Saadi in the post of captain after receiving a majority of the votes. Saadi won by more than one thousand and six hundred votes from his closest rival.
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
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GLOBAL/NEWS/INFO
Perfectly legal tax savings strategies Americans may not be using
Fox News A significant number of taxpayers think some above-board strategies could cause trouble with the IRS. Read the full story
How the financial crisis turned everyone into a behavioral economist
CNBC
Supreme Court Rules That World Bank Can Be Sued
NPR
5 things to know for March 8: Manafort, politics, China, fish fraud, conjoined twins
CNN
Here's what else you need to know to Get Up to Speed and Out the Door. Read the full story
OIL/COMMODITIES/ENERGY
PRECIOUS-Gold dips to near 5-week low as dollar trumps euro post ECB
Reuters
(Updates prices, adds fresh quotes and details) Read the full story
Gold Prices Slide to Fresh 5-Week Lows as Dollar Climbs After ECB
Investing.com
Commodities Mar 07, 2019 14:07 GMT Investing.com - Gold prices fell to a five-week low on Thursday, as the U.S. dollar advanced after the European Central Bank offered banks a new round of long-term loans, known as TLTROs, and pushed out the timing of its first post-crisis rate hike to next year. Comex gold futures were down $3.25, or 0.25%, at $1,284.35 a troy ounce by 9:05AM ET (14:05 GMT), after falling as low as $1,281.35, its lowest level since Jan. 25. Meanwhile, spot gold was down 0.2% at Read the full story
UPDATE 1-Chile copper, lithium export revenue drops in February -central bank
Reuters
(Updates with new focus on copper and lithium figures andcontext on February rains) By Dave Sherwood March 7 (Reuters) - Chile's copper export revenue inFebruary dropped nearly 19 percent from the same month theprevious year to $2.59 billion, the country's central bank saidon Thursday. Lithium exports also fell during the same period to $60million in February, down from $76 million the previous year. Unusually heavy rains and flooding in the Atacama desert inFebruary docked production at many of Read the full story
Zimbabwe to allow foreign platinum miners control of local operations
Reuters
Zimbabwe will scrap a law thatdenies foreign platinum mining companies control of theiroperations in the country, the mines minister said on Thursday. Read the full story
Oil Prices Press Higher on Steady U.S. Demand, OPEC Supply Cuts
Investing.com
Commodities Mar 07, 2019 13:43 GMT Investing.com - Oil prices headed higher on Thursday as analysts ruled out faltering demand in the U.S. despite a large build in stockpiles, while ongoing OPEC production cuts and U.S. sanctions on Iran and Venezuela supported market rebalancing. New York-traded West Texas Intermediate crude futures rose 65 cents, or 1.16%, at $56.87 a barrel by 8:38 AM ET (13:38 GMT). Meanwhile, Brent crude futures, the benchmark for oil prices outside the U.S., traded up 73 Read the full story
Goldman Sachs further shrinks commodities trading
Reuters
Goldman Sachs, once one of the most active banks in commodities trading, has cut 10 roles to further downsize its global commodities trading division amid rising costs and shrinking profits. Read the full story
The Latest: European Central Bank cuts growth forecasts
ABC News
The European Central Bank is cutting its forecast for economic growth this year in the 19-country eurozone to 1.1 percent from 1.7 percent in earlier forecasts Read the full story
UPDATE 2-Zimbabwe central bank denies new currency rate being fixed
Reuters
* Exchange rate unchanged since Feb. 22 Read the full story
Norway Banks On Brexit Bonanza To Favour Its Funds
Forbes
Norway has the world's largest sovereign wealth fund. It is looking to build up its investments in the U.K. post Brexit. Read the full story
Federal Reserve Regulators Ease Some Post-Great Recession Controls
FORTUNE
People pass the New York Stock Exchange (NYSE) in the morning hours on March 4, 2019 in New York City. Banking regulators are easing some controls that went into place after the Great Recession. The Federal Reserve decided to end some of the public pass-fail grades it gave big banks after their annual stress tests, which came about as part of the 2010 Dodd-Frank legislation. Banks have to report how they would perform under various what-if economic scenarios. Banks will not receive public grades Read the full story
TREASURIES/BONDS/STOCKS
Nasdaq Breaks Key Support Level As Stock Market Losses Accelerate
Investor's Business Daily
The stock market was sharply lower, extending a losing streak to four trading sessions Thursday. The Nasdaq is facing a key test of a support level. Read the full story
The Hedge Fund Manager Who Bucked The Trend And Became A Billionaire
Forbes
Jeffrey Talpins, founder of Element Capital Management, has built a $17 billion firm and is now a billionaire. Read the full story
GLOBAL MARKETS-Stocks weaken but dollar gains in wake of ECB
Reuters
* MSCI world index down for 4th day, longest run since Dec Read the full story
Top 5 Things to Know in the Market on Friday
Investing.com
Economy Mar 08, 2019 10:42 GMT Investing.com - Here are the top five things you need to know in financial markets on Friday, March 8: 1. Another solid jobs report expected, focus on wages All eyes will be on the U.S. employment report for February to be released at 8:30 AM ET (13:30 GMT) which is expected to again be broadly solid, despite a slowdown in payroll growth. Economists forecast that the economy added 181,000 jobs last month, pushing the unemployment rate down slightly to 3.9%. Barring Read the full story
CRYPTO'S / DIGITAL CURRENCY
Litecoin [LTC] Price Analysis: Coin continues to rally over 10%; likely to close above $60
AMBCrypto
Litecoin [LTC] surged by over 10% and exceeded $55 in valuation on March 7. The silver cryptocurrency continued to tread higher post the price explosion during the early hours of March 6. LTC was highly traded on the Coinall exchange via the trading pair LTC/BTC. The trading volume accounted for 7.33% of the coin's overall 24-hour... Read the full story
Exchange Traded Funds (ETFs): Blockchain, Cryptocurrency & Bitcoin
BlockPublisher
So much has been said and done in the world of trade due to continuous developments followed by crucial law enforcement by government authorities that the dynamics of the financial industry have flipped upside down. Many key factors have contributed in this much needed wave of change, one of which is the introduction of exchange... Read the full story
Bitcoin Is Real & Can Potentially Become A New Reserve Currency, Suggests Jason Anthony Williams
BlockPublisher
Bitcoin came into the financial scene when the world was witnessing a crash in the traditional financial market. As people started to look out for possible alternatives to the governmentally-controlled currencies, cryptocurrencies erupted out. An appearance made at a very crucial time. More than a decade has now gotten past and a lot of developments... Read the full story
CoinZark Allows To Buy Vertcoin And Other Cryptos Directly From Euro, With GBP To Be Integrated Soon
BlockPublisher
CoinZark, a crypto exchange brings in the feature of purchasing cryptos like the vertcoin and other listed cryptocurrencies which are about 20 of them, directly from the Euro along with the GBP to be integrated soon as it is being tested right away for the users. CoinZark presents a minimal commission fee of 0.3%. With... Read the full story
Bitcoin Cash [BCH] Price Analysis: Bulls aid token's break from sideways movement
AMBCrypto
Following days of sideways movement, the arrival of the bulls on 6 March pushed the collective market cap to $134 billion. Bitcoin Cash [BCH] saw some upward movement, but failed to gain momentum. Bitcoin Cash saw an uptick against the US dollar by 2 percent and was at press time, trading at $134.81. The coin’s... Read the full story
CURRENCIES
FX trading volumes shrink in February as volatility slides: Refinitiv
Reuters
Trading volumes of currencies shrank 7.6 percent in February from a year earlier, Refinitiv data showed, as a slump in foreign exchange price volatility discouraged traders from buying and selling. Read the full story
The Dollar Is Rising. That’s Hurting Stocks. It Could Get Worse.
Barron's
The U.S. dollar is rising after the ECB decided to stimulate Europe’s economy. That could be a drag on corporate profits, and raise concerns about an earnings recession. Read the full story
Forex - Euro Hovers Near 2-Week Low Ahead of ECB Decision
Investing.com
Forex Mar 07, 2019 08:50 GMT Investing.com - The euro hovered near two-week lows against the U.S. dollar in early European hours on Thursday, as investors looked ahead to the European Central Bank’s policy meeting later in the day. The central bank is expected to slash growth forecasts and give its strongest signal yet that fresh stimulus is coming in the form of more cheap loans. The loans, known more formally as Targeted Long-Term Refinancing Operations (TLTROs), are expected to boost troubled Read the full story
Euro slides as ECB says rates will be lower for longer
MarketWatch
The euro turns negative on Thursday after the European Central Bank says its ultralow interest rates wouldn’t rise at least until late 2019 — and extension from before. The ECB also downgraded its forecast for 2019 GDP and revived a long-term refinancing program for eurozone banks. Read the full story
Forex - Euro Sinks as ECB Moves to Counter Slowdown
Investing.com
Forex Mar 07, 2019 14:26 GMT Investing.com - The euro fell to a three-week low against the dollar on Thursday after the European Central Bank cut its growth forecast for the euro zone, unveiled a new round of low-cost loans to banks and pushed back the timeline for what would be its first interest rate hike in nearly a decade. EUR/USD was down 0.61% at 1.1236 by 09:25 AM ET (14:25 GMT), the weakest level since Feb. 15, having extended its losses as President Mario Draghi explained the thinking Read the full story
Sterling Comfortably Numb In Mid-1.3100s Amid Brexit Stalemate
Benzinga
The GBP/USD is trading little changed on the downside in mid-1.3100s amid Brexit stalemate. The UK government has a deadline until Sunday-next Monday to conclude Brexit negotiations before the vote in House of Commons on Brexit deal. The Bank of England officials acknowledged future monetary policy tightening with Brexit representing the main risk to the economic outlook. The GBP/USD is trading little changed on the downside at around mid-1.3100s amid Brexit stalemate while the Bank of England Read the full story
WEEKAHEAD-AFRICA-FX-Most African currencies seen firm
Reuters
Kenyan, Nigerian and Zambiancurrencies are likely to strengthen next week while Uganda's isexpected to remain stable, traders say. Read the full story
UPDATE 1-South Africa's rand falls after ECB, Eskom tariffs news
Reuters
(Updates prices) Read the full story
China FX reserves hit 6M high, allays capital outflow fears
Mubasher
China's foreign exchange reserves rose in February to their highest level in six months as hopes over the US-Sino negotiations shored up the yuan. Read the full story
HEALTH / SCIENCE
One glass of wine or pint a night DOUBLES high blood pressure risk
Daily Mail
Researchers from Wake Forest Baptist Medical Center in North Carolina studied the drinking habits of more than 17,000 people to find any more than seven drinks per week is unhealthy. Read the full story
Hour-long snooze keeps high blood pressure at bay
Daily Mail
Greek doctors from Asklepieion General Hospital revealed patients who had a daily nap saw their blood pressure drop by 5mm/HG - a similar effect to taking drugs or cutting salt from the diet. Read the full story
3rd patient reportedly cured of HIV in incredible medical breakthrough
RT News
A third patient is said to have been cured of HIV in an amazing medical breakthrough. The news comes on the heels of the revelation that the second person ever is HIV-free following a bone marrow transplant. Read the full story
Do skinny people have faster metabolisms? Not really
CNN
Genes, movement and diet keep some people thin. As for a "fast" metabolism, that belongs to more muscular people, not necessarily thinner ones. Read the full story
6 Foods This Dietitian Recommends to Help Burn Fat and Build Muscle — Stock Up STAT
POPSUGAR
It's no secret that diet is crucial to most fitness goals, whether you're looking to burn fat, gain muscle, or both. "Abs are made in the kitchen," after all; you have to work to build the muscles and shed the fat on top of them if you want them visible, and the right eating plan is key to both of t ... Read the full story
USA / CANADA
What to expect in the February US jobs report out Friday
CNN BusinessIt's looking like the US economy turned in another respectable month of job growth in February, even as a broader slowdown looms. Read the full story
Beige Book: U.S. Growth Cools Amid Government Shutdown, Polar Vortex
Investing.comEconomic Indicators Mar 06, 2019 19:19 GMT Investing.com - The U.S. economy cooled as pressures from the government shutdown, the polar vortex and the higher cost of credit kept a lid on growth, a Federal Reserve survey showed. The central bank’s Beige Book economic report, based on anecdotal information collected on or before Feb. 25, highlighted that while most Districts reported "slight-to-moderate" growth, "about half of the 12 Districts noted that the government shutdown had led to slower Read the full story
U.S. Jobless Claims Fell More Than Expected Last Week
Investing.comEconomic Indicators Mar 07, 2019 13:32 GMT Investing.com - The number of people who filed for unemployment assistance in the U.S. fell by 3,000 last week to a seasonally adjusted 223,000, the U.S. Department of Labor said. Economists had expected weekly jobless claims to fall by 1,000 to 225,000 from the previous week’s upwardly revised total of 226,000. The four-week moving average was 226,250, a decline of 3,000 from the previous week. The monthly average is seen as a more accurate gauge of Read the full story
Tornadoes, severe storms likely over the weekend in the South
ABC NewsThe region was hard hit by tornadoes last weekend as well. Read the full story
EMERGING MARKETS
Emerging Markets are Always Less than Stable, Says Crypto Analyst Eric ThiesBlockPublisherOne of the innate feature of the crypto market has been its instability. Volatility and manipulation are some of the major issues that are associated with cryptocurrencies. General public and investors hold back from entering this market owing to these problem. But is volatility going to be a reason behind the demise of this market... Read the full storyECB's Draghi: Protectionism and vulnerable emerging markets damaging sentimentCNBCRead the full storyUPDATE 1-EU states block blacklisting Saudi, Panama over dirty moneyReuters(.) Read the full storyMIDDLE EAST
TIME
Where is the money for Iraq reconstruction going?
Aljazeera
In Iraq, reconstruction remains a daunting obstacle to displaced people returning home. The government has allocated money and established commissions for people to file for assistance. But there is little sign of that money being used for reconstruction after years of war that devastated the country. Al Jazeera's Natasha Ghoneim reports from Mosul. Read the full story
Saudi Printing’s unit wins SAR 63m deals from education ministry
Mubasher
Riyadh – Mubasher: Saudi Printing and Packaging on Thursday said that its subsidiary Al Madina Printing and Publishing has signed two contracts at a combined value of SAR 63 million with the Ministry of Education to print and supply school … Read the full story
Saudi Arabia criticized over human rights by 36 countries
CNN
At least 36 countries have signed an open letter criticizing Saudi Arabia's human rights record at the United Nations Human Right Council on Thursday. Read the full story
EU rebukes Saudi Arabia over human rights at UN forum
Aljazeera
At least 36 countries including all 28 EU members have signed a statement criticising Saudi Arabia's human rights record at the United Nations Human Rights Council on Thursday, diplomats said. "It is a success for Europe to be united on this," an envoy of an EU country told Reuters news agency. The statement will be the first rebuke of the kingdom since the UN forum was set up in 2006. The text, read out by Harald Aspelund, Iceland's ambassador to the Geneva talks, called on Saudi authorities to Read the full story
AFRICA
Zimbabwe: Industry Welcomes Liberalization of Fuel Importation
AllAfrica
Industrialists have welcomed government decision to liberalize procurement of fuel by big companies saying they expect the move will improve availability of the commodity whose scarcity has weighed down production in recent months. Government announced the decision after a politburo meeting early this week amid mounting pressure to allow those with foreign currency to import fuel for their own consumption. Previously government through a legal instrument SI 122 of 2017 only allowed companies Read the full story
Zimbabwe: Zim-EU Dialogue Resumes
AllAfrica
Zimbabwe and the European Union are set to resume dialogue this month as part of re-engagement efforts the new dispensation led by President Mnangagwa is undertaking, Foreign Affairs and International Trade Minister Sibusiso Moyo has said. He said the sanctions imposed by the Western bloc, though unwarranted, were a temporary setback. Minister Moyo also criticised the renewal of sanctions on Zimbabwe by the United States, but said they will not deter the formidable trajectory taken by the Read the full story
Zimbabwean Students Studying in Russia Continue To Struggle Due to Lack of Promised Support from Their Government
OkayAfrica
Students take to Twitter recounting the adversity they are facing due to the Zimbabwean government not holding their end of the Russian Government Scholarship agreement. Read the full story
Zimbabwe: Govt Hires Trump Lobby Firm to Represent it in Washington
AllAfrica
(Photo: U.S. Department of Justice) Cape Town The Zimbabwean government has hired a lobby firm to represent it in Washington, Politico reports. Politico says that Ballard Partners will be the first firm to lobby on the country's behalf in more than a decade. "Brian Ballard, a top fundraiser for President Donald Trump's campaigns, and the firm's other lobbyists will counsel Zimbabwe on 'communication with U.S. government officials, U.S. business entities, and non-governmental audiences,' Politico Read the full story
ASIA
China’s rushed foreign investment law gains lukewarm response from local and international businesses
South China Morning Post
China’s draft foreign investment law is expected to be one of the flagship announcements at the ongoing National People’s Congress in Beijing, but it has received a lukewarm response from businesses and academics in China. Among the foreign business… Read the full story
Chinese bankers say lack of fintech investments is a ‘major drag’ on competitiveness
South China Morning Post
Chinese bankers’ concerns about falling behind on fintech investment are at a three-year high, as they consider their existing information technology system to be “a major drag” on business. Results from the Chinese Bankers’ Survey 2018, jointly conducted… Read the full story
Is the EU corridor an alternative to China's Belt and Road Inititiative?
TRT World
Is the EU corridor an alternative to China's Belt and Road Inititiative? Read the full story
China’s rushed foreign investment law gains lukewarm response from local and international businesses
South China Morning Post
China’s draft foreign investment law is expected to be one of the flagship announcements at the ongoing National People’s Congress in Beijing, but it has received a lukewarm response from businesses and academics in China. Among the foreign business… Read the full story
Taiwan seeks new warplanes from U.S. as tension with China mounts
CBS NewsU.S. is bound to help Taiwan defend itself, but China's leader warned in January he wouldn't rule out force to stop independence activities Read the full story
EUROPE
Brexit: Deadline looms as ministers push for changes to deal
BBC News USEU officials call for the UK to suggest an “acceptable” plan to resolve the Irish backstop impasse. Read the full story
Millions of Britons should renew passports by Friday, says consumer group
CNNThe prospect of a no-deal Brexit has led Which? to warn that millions of Britons could see their holiday plans disrupted if they don't renew their passports by Friday. Read the full story
EU watchdog holds fire on derivatives action in no-deal Brexit
ReutersThe European Union's marketswatchdog has ruled out the need for measures to avoid disruptionin cross-border derivatives trading if Britain leaves the blocthis month without a deal. Read the full story
UPDATE 2-EU awaits reworked UK Brexit proposals, deal remains elusive
Reuters
(Updates, adds quotes, more detail, Brexit delay) Read the full story
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Saturday 3/9/19 did update on the indicative rates Sell Rate 1190
Kauaihn Chatter:dd
http://www.dinarguru.com/
3-8-2019 Newshound Guru Adam Montana This is a topic we've been on top of since 2017, before the talk of OPEC agreeing to slowing oil production. The headlines would be more accurate if they said "Planned reduction in oil production to stabilize prices" But that doesn't get as many clicks, it's just not as sensational...even though it's the truth. And we've been expecting it, because we have been watching this sector through a fairly specialized set of glasses. Interpretation: All is going according to plan. And if all is going according to plan, then it's just a matter of time. ... we're not going to have an RV in the next couple days. Unless I'm wrong. I'm always open to that possibility! [post 2 of 2]
3-8-2019 Newshound Guru Adam Montana This has been an interesting week in the markets, but not so much for Dinar when it comes to actual news. There's a good reason for this. Oil has been pretty flat, just like the news on HCL. Step back and take a "big picture" view of the situation, and it's easy to understand that this is to be expected. I find it amusing to read the headlines that state "Oil production falls to (X time frame) lows..." Hang on a second, oil "falls"?! That's the headline? I don't think that's accurate. It's not "falling" - it's being controlled, exactly as they planned. [post 1 of 2....stay tuned]
3-8-2019 Intel Guru Bruce We are about the end of our 48-hour window I talked about on Tuesday that would theoretically expire by now, but these things keep moving and we have to be ready to receive that if this thing is moving and not always moving forward in our favor...Is there a way for us to get started before the weekend which would be tomorrow [Friday]? Possibly. ...All I can tell you is we are hearing some very good things that are happening tonight [Thursday]late and possibly overnight. Iraq is one of them. Let’s see how it goes for us. We know we are underway. [post 3 of 3]
3-8-2019 Intel Guru Bruce What is interesting to me...we know what the dinar was when it came off the screen and where it may come back to when it comes back on the screens, but most interesting to me is China has wanted the Vietnam Dong to be comparable to the Iraqi Dinar. That could be within 5% of the Dinar value...it does not say on par with which would mean exactly the same value, but comparable could be close to the value of the Iraqi Dinar. That takes the Dong way up above what we all thought that the Dong could be worth. Makes it quite interesting for us because we are looking at the Dinar that may come out at the $7 - $8 range when it comes out initially... [post 2 of 3....stay tuned]
3-8-2019 Intel Guru Bruce ...Just when you thought it was safe to forget about Iraq, they are back...in the news. ...They have not had their rate on the screens...It hasn’t been on for at least 4 to 5 days? ...Should be back up somewhere around 11 o’clock or so tonight [Thursday]... ...Tomorrow [Friday]...they are supposed to release their ATM machines. They are supposed to pay on their new Qi, debit cards... When will they put their rate out? Will they put their rate out at that time? I do not know, but their cards will be working and their cards will have the rate on them. In a sense yes, but I think they will make it known probably make in the Gazette on Saturday. That is their regular publishing day. [post 1 of 3....stay tuned]
3-8-2019 Newshound/Intel Guru Mnt Goat They are not raising the rate (NO REVALUATION). ...They are going to reinstate the dinar and must fist complete the project to delete the zeros. A result of this process will be an increased new rate on the currency exchanges. Once reinstated the market will drive the rate up on the float. So our concentration is not so much on a rate increase but on a reinstatement process, the rate on FOREX will be the end result... [post 2 of 2]
3-8-2019 Newshound/Intel Guru Mnt Goat [GOI has nothing to do with raising the rate...it is a total CBI decision.] Oh yes they do...I presented about 6 articles already from the Iraqi news media from members of the parliament, cabinet and economists in Iraq. All say it is a joint decision to go ahead with the project to delete the zeros. It just happens right now they are moving ahead rapidly on it. ...Dr Sianni Shabibi...said and I quote- "there must be a joint effort to make the decision and the CBI and GOI must work together" - but out of curtesy and not by legal commitment. This means the GOI may influence the decisions and has to pass laws to help the CBI with monetary policy. But the CBI make the final call, The CBI does not run the govt the GOI does. The CBI needs these banking reforms, anti-money laundering and anti-terrorist laws, etc...So in this regard Shabibi knew darn well they must work together... [post 1 of 2....stay tuned]
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Mahdi's website; posted only on Arabic side, not on English side)
Prime Minister Adel Abdul-Mahdi: The martyr of the wise mihrab is present in us with his words, principles, values and sacrifices
In the name of of Allah the Merciful
(Do not think those who were killed in the way of God dead, but live when their Lord will live .. Believe God Almighty)
On the first day of Rajab 16 years ago, Takfiri terrorism assassinated Grand Ayatollah Sayyed Muhammad Baqir al-Hakim Qods Sarh al-Sharif. The martyr was killed in anticipation of Friday prayers in Najaf next to the grave of his grandfather, the Commander of the Faithful. The murderers learned that those who assassinate him are the man of science, wisdom, courage, insight and creative attitudes. Assassinated a symbol and reference to the Iraqi people and the world in the fight against the unjust regime and tried to silence the tongue of the Iraqi people to remove the country from the situation led by the policy of adventure and tyranny, racism and sectarian abhorrent. We left the martyr with his blood and flesh, but he grew up among us with his words and principles and what he planted in the hearts of our people of values, principles and policies that will never die. His words and his positions on the importance of ending the occupation, the importance of unity, organizing the ranks, and standing with the supreme religious authority and all the good and effective forces in our people without any distinction or differentiation are still alive and present before us. The martyr has long believed and has many prominent writings, speeches and lectures that have graced successive generations in the importance of establishing the proper constitutional and legal foundations for building a just and decent state, the rights and the victory of the oppressed, the poor and the deprived. The martyr has long worked to unite the ranks of our people in all its forms. He worked to unify the word and to develop the proper curricula and principles that we are inspired today to move forward in the fight against terrorism and violence, and on the path of reconstruction and reconstruction.
On the day of the Iraqi martyr on the first of Rajab, we reaffirm our steadfastness on the method followed by the martyr of the wise mihrab and the rest of the martyrs of the scholars and the followers of all the sects of our people, whether injustice or tyranny or terrorism and violence. Without sacrifices, success will not be achieved. The time has come for all these great sacrifices for our people to enjoy security, prosperity and rights. We once again congratulate our people and our condolences to the family of the Al-Hakim who presented the Martyr after the Martyr and his tongue says that the killing is usually ours and our dignity is God's testimony.
{بسم الله الرحمن الرحيم .. الاعتاجية الى السمئة الرمضانية .. Return to your Lord.
Adel Abdul Mahdi
Prime Minister
8 March-2019
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ARTICLE 2 (from Government of Iraq twitter account):
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ARTICLE 3
Talk about the parliament's intention to abolish the positions of the public inspectors as soon as its sessions resume
BAGHDAD, March 8 (Reuters) - A parliamentary source said on Friday that the parliament has decided to cancel important posts in the Iraqi state during its second legislative term.
The MP said the National Axis Alliance Abdullah al-Kharbit said that "with the start of parliamentary sessions, we will go to vote on a law and a decision to abolish the positions of public inspectors in the ministries."
Kharbit said in a press statement that "the public inspectors are a filter to prevent the rise of corrupt to integrity and justice, and those who prevent the fight against corruption and corrupt, and they are protected and filtered, and we will work to cancel this filter."
It is hoped that the parliament will resume its meetings within the second legislative term, on Saturday, before hosting Prime Minister Adel Abdul Mahdi, to discuss the presence of the US in Iraq. Finished (1)
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ARTICLE 4
In its International Day .. Allawi: Return to the women mind and rights
BAGHDAD, March 8 (Reuters) - The head of the National Coalition, Iyad Allawi, congratulated Iraqi women and women around the world on the anniversary of International Women's Day.
In a press statement on Friday, Allawi praised the great sacrifices and great positions presented by the Iraqi woman and faces great challenges in light of the absence of legislation and laws that preserve their rights and enhance their role and status.
He pointed out that "Iraqi women were deprived of their role in building the country, and that millions of widows and widows left without any programs or plans of support and rehabilitation," stressing that "the responsible parties should pay more attention to the enactment of legislation and the development of national strategies for women's equity rather than just Issuing data ".
Allawi called on the occasion to "work to restore women's mind and regain their rights and take the place they deserve and reward their sacrifices and patience," warning that "building a stable democratic Iraq will not be completed without the equality of women and ensure their effective participation in decision-making."
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ARTICLE 5
President of the Republic: We have a humanitarian and historical responsibility to combat violence against women
BAGHDAD, March 8 (Xinhua) - President Barham Salih on Friday congratulated Iraqi women and women on the occasion of their World Day.
In a letter sent by the President, the President affirmed that this year's Women's Day comes as we recall the leading role of Iraqi women in the life journey and their serious efforts to gain their legitimate rights to contribute to the building of Iraqi society.
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"This day, the countries and peoples of the world celebrate the long-standing of the society and the nucleus of the family to stand up to the achievements made in terms of granting women their due rights, which were imposed by necessity and by all divine laws and approved by many laws and legislations. Women's Day comes this year and we recall the pioneering role. To the Iraqi women in the Book of Life and their earnest efforts to gain their legitimate rights to contribute to the building of Iraqi society and its development and prosperity alongside its brother and the man. We also restore a bright history of struggle, construction, sacrifice and education. Today we have a humanitarian and historical responsibility that urges us to Of the violence against women and the protection and empowerment in society. On this occasion, we hope that women will play their leading role in building, building and participating in decision-making and holding senior positions in the state. Finished
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Saturday, March 9, 2019
WOTS Saturday 3/9/19
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