WOTS Wednesday 3/6/19
Forex Rates:
Symbol | Bid | Ask | High | Low | Open | Change | Time |
---|---|---|---|---|---|---|---|
USD/IQD | | | 1,163.0000 | 1,163.0000 | 1,163.0000 | | 21:00 |
USD/VND | | | 23,198.0000 | 22,772.5000 | 22,772.5000 | | 05:15 |
USD/CNY | | | 6.7106 | 6.7003 | 6.7075 | | 06:19 |
USD/KWD | | | 0.3036 | 0.3029 | 0.3035 | | 05:59 |
GBP/USD | | | 1.3155 | 1.3073 | 1.3073 | | 06:19 |
USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
USD/IDR | | | 14,287.5000 | 14,231.5000 | 14,231.5000 | | 06:19 |
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DC NY Iraq Articles:dd
Fayyad: Iraq will stand with Iran to face the American blockade
12:57 - 13/03/2019
Information / Baghdad ..
National Security Adviser Faleh al-Fayadh said on Wednesday that Iraq will stand by Iran to face the American blockade it faces.
"The visit of Iranian President Hassan Rowhani to Baghdad comes as a culmination of the phase of eliminating terrorism thanks to Tehran's assistance to Baghdad," Fayyad said in a statement to Al-Alam television channel.
Fayyad added that "Iraq will stand by Iran to face the unjust American embargo on it." Ending / 25
Parliamentary Reconstruction: Three ministries and a government committee to solve the housing crisis
13/03/2019Special-NRT
The Committee on Services and Reconstruction parliamentary, on Wednesday, on mechanisms to resolve the housing crisis and the volume of loans to be granted to citizens in relation to resolving the housing crisis promised by Prime Minister Adel Abdul Mahdi.
"The mechanisms of the distribution of residential land will be provided by the Ministries of Construction, Housing, Municipalities and Public Works in cooperation with the Ministry of Finance. It is hoped that the latter will lend to the Ministry of Housing to implement the infrastructure of the residential complexes to be determined," said Nasr al-Jubouri.
She explained that "the plots of land to be distributed to citizens, will be 200 square meters for poor families at 250 dinars per meter, while employees and middle-income, or those who want a larger area will be the price per meter 75 thousand dinars, to be allocated what is received from these amounts In addition to what will be monitored by the Ministry of Finance, of funds to implement the networks of sewage, drinking water, electricity and roads.
With regard to the sites of these complexes, Jubouri announced the formation of a government committee to determine the land to be distributed, which will be naturally outside the borders of Baghdad because there are no areas within the city.
She pointed out that "there is also a housing project and low cost, and the share of Baghdad, including eight thousand housing units, and in Basra six thousand, and in Nineveh three thousand."
She pointed out that "housing loans will be 50 million dinars to the capital of Baghdad and the provinces of 40 million dinars, and thus will move the labor market and professions and stimulate the economy, an attempt to help citizens to resolve the crisis."
"The federal budget law gave the Minister of Finance the authority to transfer between its doors to provide the required funds as well as what citizens will pay from the funds that provides liquidity to the Ministry of Housing" .
"The mechanisms of the distribution of residential land will be provided by the Ministries of Construction, Housing, Municipalities and Public Works in cooperation with the Ministry of Finance. It is hoped that the latter will lend to the Ministry of Housing to implement the infrastructure of the residential complexes to be determined," said Nasr al-Jubouri.
She explained that "the plots of land to be distributed to citizens, will be 200 square meters for poor families at 250 dinars per meter, while employees and middle-income, or those who want a larger area will be the price per meter 75 thousand dinars, to be allocated what is received from these amounts In addition to what will be monitored by the Ministry of Finance, of funds to implement the networks of sewage, drinking water, electricity and roads.
With regard to the sites of these complexes, Jubouri announced the formation of a government committee to determine the land to be distributed, which will be naturally outside the borders of Baghdad because there are no areas within the city.
She pointed out that "there is also a housing project and low cost, and the share of Baghdad, including eight thousand housing units, and in Basra six thousand, and in Nineveh three thousand."
She pointed out that "housing loans will be 50 million dinars to the capital of Baghdad and the provinces of 40 million dinars, and thus will move the labor market and professions and stimulate the economy, an attempt to help citizens to resolve the crisis."
"The federal budget law gave the Minister of Finance the authority to transfer between its doors to provide the required funds as well as what citizens will pay from the funds that provides liquidity to the Ministry of Housing" .
Iranian official explains the importance of a spiritual visit to Imam al-Sistani
Editorial date:: 2019/3/13
(International: Euphrates News) Iranian official returned to meet with Iranian President Hassan Rowhani Supreme Religious Imam Grand Ayatollah Ali al-Sistani, scheduled Wednesday in the province of Najaf, "unique".
The head of the Committee on Security and Foreign Policy in the Iranian parliament, Hishmatullah Fallah Bisha, in a press statement, "The meeting of President Rohani with the reference Supreme [Sistani] will be unique and can greatly affect the relations between the two countries."
He attributed the importance of the meeting to the Imam al-Sistani "has a major role in political developments inside Iraq."
Iranian President Hassan Rowhani is scheduled to conclude his three-day visit to Iraq on Wednesday to visit Najaf al-Ashraf and meet religious leaders in the city.
Rohani arrived in Baghdad on Monday morning at the official invitation of a high-level government delegation, which concluded 22 agreements and memorandums of understanding in various political, economic, financial, trade, environmental and other fields.
He attributed the importance of the meeting to the Imam al-Sistani "has a major role in political developments inside Iraq."
Iranian President Hassan Rowhani is scheduled to conclude his three-day visit to Iraq on Wednesday to visit Najaf al-Ashraf and meet religious leaders in the city.
Rohani arrived in Baghdad on Monday morning at the official invitation of a high-level government delegation, which concluded 22 agreements and memorandums of understanding in various political, economic, financial, trade, environmental and other fields.
Construction and provincial councils intend to form land distribution committees
12:41 - 13/03/2019
Information / Baghdad ..
Baghdad's provincial council announced on Wednesday that the Ministry of Construction and Provincial Councils will form committees for the distribution of land according to the rules set by the Council of Ministers, adding that some land will be appropriated within the boundaries of the Secretariat by the Ministry of Housing, which is authorized by law and changing its gender from agricultural to housing.
"Most of the land that will be distributed among the citizens will be within the boundaries of the Municipality of Baghdad after the acquisition of a number of land by individuals and institutions," council member Saad al-Muttalibi said in a statement to Al-Maaloumah. "The Council of Ministers has authorized the Ministry of Housing and Construction to acquire lands and compensate the owners of the expropriated lands "He said.
"The ministry has been authorized to change the race of land from agricultural to housing for the purpose of providing as many plots of land, especially agricultural land within the boundaries of the Secretariat," he added.
He explained that "the mechanisms of land distribution and division of categories are carried out through joint committees between the Ministry of Housing and provincial councils and governors as defined by the Council of Ministers of controls." Ending / 25 s
Rouhani: No power can separate unified Ummah of Iran, Iraq
Tehran, March 13, IRNA – President Hassan Rouhani described bonds between the Iranian and Iraqi nations as strong, saying that they are united in terms of culture and beliefs and no power can separate the unified Ummah.
Noting that millions of Iranians travel to Iraq, especially Karbala and Najaf, for pilgrimage each year and vice versa, he said that pilgrimage on holy shrine of Imam Hossein (AS) and his companions, particularly Hazrat Abulfazl (AS) is a long-standing wish for the Iranians, especially Shias.
“We hear voice of freedom and smell odor of freedom from the land of Karbala, as it is the land of Jihad, martyrdom, sacrifice and loyalty,” he told a gathering of heads of Iraqi tribes and religious leaders in Karbala.
Iraqi tribesmen and people are good hosts for pilgrims of the holy shrines, Rouhani said, noting that they guide the Iranian pilgrims very well, especially during the ceremony marking 40 days since Imam Hossein’s (AS) martyrdom in Karbala.
“I am very happy to see that unity and brotherhood prevail among the Iranian and Iraqi nations more than any other time,” he said.
The first nation which stood alongside the Iraqi people in the fight against terrorism were Iranians, Rouhani said, adding, “When Mosul was occupied by the Daesh terrorists, I gave a message to the Iraqi government that all our facilities are at your disposal to counter terrorism.”
Expressing pleasure over prevalence of unity in Iraq, he said that unity of Iraq is in the interest of the entire region and the two governments believe in bilateral and regional security.
“We hear voice of freedom and smell odor of freedom from the land of Karbala, as it is the land of Jihad, martyrdom, sacrifice and loyalty,” he told a gathering of heads of Iraqi tribes and religious leaders in Karbala.
Iraqi tribesmen and people are good hosts for pilgrims of the holy shrines, Rouhani said, noting that they guide the Iranian pilgrims very well, especially during the ceremony marking 40 days since Imam Hossein’s (AS) martyrdom in Karbala.
“I am very happy to see that unity and brotherhood prevail among the Iranian and Iraqi nations more than any other time,” he said.
The first nation which stood alongside the Iraqi people in the fight against terrorism were Iranians, Rouhani said, adding, “When Mosul was occupied by the Daesh terrorists, I gave a message to the Iraqi government that all our facilities are at your disposal to counter terrorism.”
Expressing pleasure over prevalence of unity in Iraq, he said that unity of Iraq is in the interest of the entire region and the two governments believe in bilateral and regional security.
Kauaihn Iraq Articles:dd
Deputy: The current parliamentary session witnessed the release of deputies from their leaders and became leaders
01:07 - 13/03/2019
Baghdad - Mawazine News
The MP of the coalition of Sason, Raed Fahmi, on Wednesday, that the current parliamentary session saw the release of deputies from their leaders and became the leaders themselves.
Fahmy told Mawazine News that "positive cases that are calculated for the current parliamentary session are the participation of deputies in making crucial decisions and not limiting them to the leaders of the blocs."
He pointed out that "the previous sessions was the resolution is reduced by the leaders of the masses, whose numbers do not exceed the fingers of one hand and the deputies have no opinion and are waiting for signals that come from the head of the cluster to vote or refuse," stressing that "this scene changed in the current session."
The MP of the coalition of Sason, Raed Fahmi, on Wednesday, that the current parliamentary session saw the release of deputies from their leaders and became the leaders themselves.
Fahmy told Mawazine News that "positive cases that are calculated for the current parliamentary session are the participation of deputies in making crucial decisions and not limiting them to the leaders of the blocs."
He pointed out that "the previous sessions was the resolution is reduced by the leaders of the masses, whose numbers do not exceed the fingers of one hand and the deputies have no opinion and are waiting for signals that come from the head of the cluster to vote or refuse," stressing that "this scene changed in the current session."
Continuing disagreement over the vacant portfolios .. Deputy: will not be resolved even after the end of Nowruz
12:32 - 13/03/2019
Special - Mawazine News
Ruled out the coalition of victory Hussein Karim, on Wednesday, the inclusion of the completion of the cabinet cab on the agenda of the session on Thursday, stressing that the dispute is still existing between the political blocs on the portfolios of the occupant.
"The political blocs are still different about the names of candidates for the ministerial portfolios, which means that the completion of the ministerial cabin of the government of Adel Abdul Mahdi, will not be resolved during these days," likely "not to complete even after the holidays of Nooruz," Karim told Mawazine News.
He added that "the most important thing from the Cabinet Cab resolution is the selection of ministers competent for each bag, in addition to the withdrawal of confidence from each minister has been proven corruption issues and included accountability and justice."
Karim said that "the time to resolve the cabinet cab will not be determined so far, noting that" the dispute not only the Ministries of Interior and Defense, but includes the remaining four bags. "
It was scheduled to resolve the House of Representatives the rest of the cabinet cabin during the sessions of the second legislative term, and take the time to resolve the outstanding differences on this file.
Ruled out the coalition of victory Hussein Karim, on Wednesday, the inclusion of the completion of the cabinet cab on the agenda of the session on Thursday, stressing that the dispute is still existing between the political blocs on the portfolios of the occupant.
"The political blocs are still different about the names of candidates for the ministerial portfolios, which means that the completion of the ministerial cabin of the government of Adel Abdul Mahdi, will not be resolved during these days," likely "not to complete even after the holidays of Nooruz," Karim told Mawazine News.
He added that "the most important thing from the Cabinet Cab resolution is the selection of ministers competent for each bag, in addition to the withdrawal of confidence from each minister has been proven corruption issues and included accountability and justice."
Karim said that "the time to resolve the cabinet cab will not be determined so far, noting that" the dispute not only the Ministries of Interior and Defense, but includes the remaining four bags. "
It was scheduled to resolve the House of Representatives the rest of the cabinet cabin during the sessions of the second legislative term, and take the time to resolve the outstanding differences on this file.
Leading Wisdom: Rohani's visit to Iraq reflects the advanced level of relations between the two countries
Release date: 2019/3/13
"The visit of Iranian President Hassan Rowhani to Iraq reflects the advanced level of relations between the two countries," said Mohammad al-Shammari, a leader of the National Wisdom Movement and an official of the offices of the movement abroad.
Al-Shammari added during a tweet in Twitter that the agency "Al-Furat News" that "the stream of national wisdom supports those steps at the same time, calling for intensified efforts to upgrade them to the best levels of service to the peoples of the two brotherly countries.
Iranian President Hassan Rowhani headed a high-level delegation to Iraq on Tuesday for a three-day visit, where 22 bilateral agreements were concluded.
Iranian President Hassan Rowhani headed a high-level delegation to Iraq on Tuesday for a three-day visit, where 22 bilateral agreements were concluded.
An Iraqi security alert on the Syrian border and an imminent defeat for Daesh in the Baguoz
Editorial date:: 2019/3/13
Al-Anbar: Al-Furat News The deputy commander of Anbar operations in the popular crowd, Ahmed Nasrallah, confirmed the security alert on the Iraqi-Syrian border.
"After the advance of Syria's democratic forces against the Iraqi-Syrian border and its ongoing battles with a fugitive in Baguz, east of Syria," the last terrorist pocket in Syria, Nasrallah told the Euphrates News.
He pointed out that "the popular mobilization forces and the Iraqi army and the federal police, as well as the arms and the efficiency of high and finite finite ready to prevent the arrival of Alasash and proximity to the Iraqi border and monitor their gatherings and movements in this region."
A military source said that the artillery of the Iraqi army bombed on Tuesday evening, the village of Al-Bagouz in the province of Deir al-Zour east of Syria and close to the Iraqi border, the last pocket of gangs to support the terrorist in the neighboring country.
It has become an impending defeat in the last pocket under its control with the surrender of hundreds of terrorists and their families. The US-backed democratic forces of Syria said the battle in the "end sentence" ended.
He pointed out that "the popular mobilization forces and the Iraqi army and the federal police, as well as the arms and the efficiency of high and finite finite ready to prevent the arrival of Alasash and proximity to the Iraqi border and monitor their gatherings and movements in this region."
A military source said that the artillery of the Iraqi army bombed on Tuesday evening, the village of Al-Bagouz in the province of Deir al-Zour east of Syria and close to the Iraqi border, the last pocket of gangs to support the terrorist in the neighboring country.
It has become an impending defeat in the last pocket under its control with the surrender of hundreds of terrorists and their families. The US-backed democratic forces of Syria said the battle in the "end sentence" ended.
Basra Council warns of the accumulation of goods in ports
12:52 - 13/03/2019
Baghdad Mawazine News
The Basra provincial council on Tuesday warned of the aggravation of the crisis of the accumulation of imported goods within the land and sea borders located in the province.
The head of the provincial council Sabah Hassan al-Bezouni said in an interview with a number of journalists that "the crisis of the accumulation of imported goods at the border crossings in Basra is still worsening, and therefore renew our warning of the repercussions on the economic situation," noting that "what happens is a natural result of mismanagement Border crossings ".
He pointed out that "the border ports in Iraq need a unified authority to impose control over all ports," adding that "it is unreasonable to import goods from the ports of the Kurdistan region, and then reach the markets of Basra, while goods imported through the commercial ports in Basra not Up to the province easily. "
Al-Bezouni pointed out that "the zero control, despite the indicators of corruption on its work, but its existence is better than not exist," adding that "the Ministry of Finance concerned with this issue, as well as the Customs Authority, and we want the Border Ports Authority to announce the ports committed to the implementation of laws and federal decisions And outlets that do not adhere. "
The Basra provincial council on Tuesday warned of the aggravation of the crisis of the accumulation of imported goods within the land and sea borders located in the province.
The head of the provincial council Sabah Hassan al-Bezouni said in an interview with a number of journalists that "the crisis of the accumulation of imported goods at the border crossings in Basra is still worsening, and therefore renew our warning of the repercussions on the economic situation," noting that "what happens is a natural result of mismanagement Border crossings ".
He pointed out that "the border ports in Iraq need a unified authority to impose control over all ports," adding that "it is unreasonable to import goods from the ports of the Kurdistan region, and then reach the markets of Basra, while goods imported through the commercial ports in Basra not Up to the province easily. "
Al-Bezouni pointed out that "the zero control, despite the indicators of corruption on its work, but its existence is better than not exist," adding that "the Ministry of Finance concerned with this issue, as well as the Customs Authority, and we want the Border Ports Authority to announce the ports committed to the implementation of laws and federal decisions And outlets that do not adhere. "
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Today in History
ABC News
ABC News
Today in History Read the full story
10 Things to Know for Today
ABC News
Among 10 Things to Know: US joins Ethiopian-led investigation at Boeing crash site; US withdrawing last of its embassy personnel from Venezuela; UK prime minister set to put her EU divorce deal to the test Read the full story
CNN10 - 3/12/19
CNN
CNN
President Trump releases his budget proposal, we report on the blackouts that have crippled Venezuela, and we take a tour of a potential "space hotel." Read the full story
OIL/COMMODITIES/ENERGY
After worst week of year, energy stocks could see sharper drop, technician says
CNBC
After starting the year on a high note energy stocks are under pressure. Analysts Craig Johnson and Boris Schlossberg are leery about the sector. Read the full story
Quantum computing could change the way the world uses energy
Quartz
Our connected devices are hiding a big secret. They use energy—a lot of it. Every time you use your phone, your computer, or your smart TV to access the internet, you’re sending data requests to warehouse-sized buildings around the world, full of hundreds of thousands of servers. These data centers are among the most energy-intensive... Read the full story
PRECIOUS-Gold edges lower as equities recover, dollar firms
Reuters
(Updates prices, adds details and comments) Read the full story
Gold Prices Balk at $1,300 Ahead of Trump Budget Proposal, Retail Sales
Investing.com
Commodities Mar 11, 2019 11:53 GMT Investing.com - Gold prices drifted lower on Monday, pulling away from the $1,300 handle reached on the back of a weak jobs report, while investors looked ahead to retail sales data and U.S. President Donald Trump’s 2020 budget proposal. At 7:49 AM ET (11:49 GMT), gold futures for April delivery on the Comex division of the New York Mercantile Exchange rose $4.55, or 0.35%, to $1,294.75 a troy ounce. Gold briefly breached the psychological level of $1,300 on Read the full story
Gold heads lower to start the week, pulls back from key $1,300 mark
MarketWatch
Gold futures retreat modestly on Monday, pulling back from a psychologically significant $1,300 mark, after bullion rose sharply to end last week. Read the full story
Oil prices rise as Saudi Arabia signals near-term output reductions
MarketWatch
Oil futures on Monday head modestly higher amid reports that Saudi Arabia plans to further reduce crude exports in April, according to reports. Read the full story
IBM Cuts Credit Unions Deal For Blockchain Services In $1.7 Trillion Industry
Forbes
IBM - aka ‘Big Blue’ - and Denver-based credit union service CULedger, are to collaborate to develop new blockchain-based services for credit unions that globally have some 260 million members and over $1.7 trillion in assets. Improving customer satisfaction and building greater trust are the goals. Read the full story
Debit card with built-in fingerprint reader begins trial in the UK
The Verge
No PIN numbers, no signatures, and no payment limits Read the full story
Australian regulator chides banks over delays in repaying wrongly charged fees
Reuters
Australia's corporate watchdog rebuked the biggest banks and financial services firms on Monday for delays in fixing internal systems that resulted in customers paying fees for services they had not received. Read the full story
Italian banks cut corporate loans in January, buy more govt bonds
Reuters
Italian banks lent less to firmsin January while increasing slightly their domestic governmentbond portfolio, central bank data showed on Monday. Read the full story
Wells Fargo Regulators Weigh Executive Shakeup as CEO Heads to Washington
The Wall Street Journal
Wells Fargo remains at sharp odds with its government overseers. How sharp should come into focus Tuesday, when CEO Timothy Sloan appears before a House Financial Services Committee. Read the full story
TREASURIES/BONDS/STOCKS
Stocks and the Danger of Saying "This Time is Different" - Schaeffer's Investment Research
Schaeffer's Investment Research
"...with 2,800 on many radar screens due to the action around this level that I just described in late 2018, potential buyers may perceive danger at 2,800, potentially flipping the supply-demand equation back in favor of the bears…At the risk of saying, ‘this time is different,’ perhaps it is best to describe what I see as the similarities and differences between 2018 and the present…Secondly, the SPX's technical backdrop is on more solid ground relative to the fourth quarter of 2018. Prior to Read the full story
Best Bond Funds: Risk-On February Boosts Corporate, High Yield Bonds
Investor's Business Daily
The best bond funds in February were those with riskier assets, such as high yield and emerging markets bonds. They continued their upswing last month as investors embraced an increasing chance of a potential Federal Reserve rate cut later this year. As the Fed Chairman Jerome Powell's rhetoric changed from hawkish to more neutral in... Read the full story
Mutual Fund Managers Are Bullish On Stock Market Forecast — But Some Are Hedging Bets
Investor's Business Daily
Many mutual fund managers are bullish in the near term. Still, several are hedging their bets. Read the full story
More investors stock up on non-traditional bonds and strategies
CNBC
A search for yield has led to greater popularity of alternative approaches in bond investing. Yet they may be less popular among financial advisors due to a lack of awareness, lack of promotion and the amount of research needed to use them successfully. Read the full story
US Treasury yields move higher after Powell comments
CNBC
U.S. government debt yields were slightly higher Monday after Federal Reserve Chairman Jerome Powell described the U.S. economy as healthy. Read the full story
Top 5 Things to Know in The Market on Tuesday
Investing.com
Economy Mar 12, 2019 09:45 GMT Investing.com - Here are the top five things you need to know in financial markets on Tuesday, March 12: 1. British Lawmakers Vote on May’s New Brexit Deal British Members of Parliament (MPs) vote Tuesday evening on whether to accept or reject Prime Minister Theresa May’s Brexit deal ahead of the scheduled March 29 departure from the European Union. In a last-ditch attempt to persuade skeptical Brexiteers to accept her deal, May secured what she said were legally Read the full story
CRYPTO'S / DIGITAL CURRENCY
A Bitcoin Bull Market Is Still $350 Away
CoinDesk
Bitcoin needs to print a higher high above $4,236 to confirm a long-term bullish reversal, technical charts suggest. Read the full story
How Will Cryptocurrencies Fare in a Recession?
Barron's
Downturns have a way of separating the wheat from the chaff. Read the full story
Tron [TRX/USD] Price Analysis: Cryptocurrency falls prey to bear as price continues to fall
AMBCrypto
The cryptocurrency market and its erratic behavior put a lot of investors and users on the edge of their seats as coin prices and market cap both failed to beat the bear market. Popular coins like Bitcoin [BTC], Ethereum [ETH] and Tron [TRX] witnessed sideways price movement, despite updates and developments in the field. 1... Read the full story
Stellar Lumens [XLM] jumps by 9% following Stellar Blockchain Adoption Drive
AMBCrypto
Stellar Lumens [XLM] was pushed up by the bulls as other top coins were in the red, resulting in sideways market movement. The global market cap noted a minimal incline this weekend and stood at $135 billion. On March 7, the German financial media house, Börsenmedien AG acquired SatoshiPay, a crypto-startup that offered micro-payment solutions and... Read the full story
Ethereum's ProgPoW Proposal: An Expensive Game of Whack-a-Mole
CoinDesk
Ethereum's ProgPoW proposal may appear to minimize the ASIC advantage, but it isn't as democratizing as claimed, argue Dovey Wan and Martina Long. Read the full story