| WOTS Wednesday 3/27/19 |
WOTS Wednesday 3/27/19
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1,171.2000 | 1,171.2000 | 1,171.2000 | | 21:00 |
| USD/VND | | | 23,198.0000 | 22,938.5000 | 22,938.5000 | | 03:56 |
| USD/CNY | | | 6.7232 | 6.7050 | 6.7057 | | 06:27 |
| USD/KWD | | | 0.3035 | 0.3027 | 0.3030 | | 06:23 |
| GBP/USD | | | 1.3210 | 1.3167 | 1.3200 | | 06:28 |
| USD/IRR | | | 12,048.0000 | 12,048.0000 | 12,048.0000 | | 17:51 |
| USD/IDR | | | 14,276.5000 | 14,168.0000 | 14,168.0000 | | 06:17 |
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DC NY Iraq Articles:dd
Block in the reform: We intend to open 1000 file corruption
Release Date: 2019/3/27 0:05 • 58 times read
(Baghdad: Al-Furat News) revealed the block of parliamentary deputies affiliated with the Alliance for Reform and Reconstruction of the existence of 1000 files of corruption.
The bloc announced that it had asked the Speaker of the House of Representatives to open all files of corruption, including the file of the fall of Mosul, stressing that a thousand files have been completed for referral to the Integrity Commission, stressing that the coming days will witness the opening of all files that have suspicions of corruption in all state institutions, And security services.
MP Majida al-Tamimi said during a press conference held by the bloc in the House of Representatives, "the bloc decided to open all files that are suspected of corruption and carried out by its members, which include all institutions of the state and independent bodies and security services and sent to the Court of Integrity and the Public Prosecution and the Supreme Anti-Corruption Council, The size of corruption and its perpetrators are accompanied by official books and we await the resolution of these files by the judicial authorities "
"We pledge the people, the families of the martyrs and members of the security forces in the defense, the interior, the national security and the intelligence service to reveal all the files of corruption completed and referred to the prosecution and the judiciary, and to build a strong army and security institutions," he said.
MP Ghayeb al-Amiri said that "those who have files of corruption and did not disclose it is a partner in them, pointing out that the Mass Suron has files belonging to the Ministry of Finance and its institutions and banks affiliated to them and have been waiting until the audit and now we have completed the audit and has been referred to the Court of Integrity."
In turn, pledged the head of the bloc, MP Hassan Aqoli open all files of corruption during the coming period after we gave an opportunity to all regulators, but unfortunately the Iraqi people did not witness the accountability and trial of corrupt and corrupt public money.
The MP Aqoli Iraqi people to work as deputies of the block in the spirit of one team and the opening of all files of corruption in all ministries and independent bodies and the joints of the security and service to start a new stage and pressure on the institutions and the executive authority to resolve these files and provide a public money to justice.
The MP stressed that "the Iraqi people want to see the money spent in prison, pledging that the members of the bloc of 54 deputies to open these files and completed in the next few months."
"Otherwise, the political process and the House of Representatives will undergo a real crisis with the people," he warned.
The head of the Mass Suron said that "Sawsan asked the Speaker of the House of Representatives to perform the real role of the Council to open the issue of the fall of Mosul and the accountability of the defaulters and the referral of all files during the vote on the removal of the governor of Nineveh, including the file of the rest of the provinces and not the governor of Mosul, which only, stressing that the rest will go and committed To work on ending those files of 1,000 files for the senior corrupt. "
Iraqi Position Network
MP Majida al-Tamimi said during a press conference held by the bloc in the House of Representatives, "the bloc decided to open all files that are suspected of corruption and carried out by its members, which include all institutions of the state and independent bodies and security services and sent to the Court of Integrity and the Public Prosecution and the Supreme Anti-Corruption Council, The size of corruption and its perpetrators are accompanied by official books and we await the resolution of these files by the judicial authorities "
"We pledge the people, the families of the martyrs and members of the security forces in the defense, the interior, the national security and the intelligence service to reveal all the files of corruption completed and referred to the prosecution and the judiciary, and to build a strong army and security institutions," he said.
MP Ghayeb al-Amiri said that "those who have files of corruption and did not disclose it is a partner in them, pointing out that the Mass Suron has files belonging to the Ministry of Finance and its institutions and banks affiliated to them and have been waiting until the audit and now we have completed the audit and has been referred to the Court of Integrity."
In turn, pledged the head of the bloc, MP Hassan Aqoli open all files of corruption during the coming period after we gave an opportunity to all regulators, but unfortunately the Iraqi people did not witness the accountability and trial of corrupt and corrupt public money.
The MP Aqoli Iraqi people to work as deputies of the block in the spirit of one team and the opening of all files of corruption in all ministries and independent bodies and the joints of the security and service to start a new stage and pressure on the institutions and the executive authority to resolve these files and provide a public money to justice.
The MP stressed that "the Iraqi people want to see the money spent in prison, pledging that the members of the bloc of 54 deputies to open these files and completed in the next few months."
"Otherwise, the political process and the House of Representatives will undergo a real crisis with the people," he warned.
The head of the Mass Suron said that "Sawsan asked the Speaker of the House of Representatives to perform the real role of the Council to open the issue of the fall of Mosul and the accountability of the defaulters and the referral of all files during the vote on the removal of the governor of Nineveh, including the file of the rest of the provinces and not the governor of Mosul, which only, stressing that the rest will go and committed To work on ending those files of 1,000 files for the senior corrupt. "
A major economic conference in Rome to discuss investment in Iraq
Release date: 2019/3/27 9:30 • 135 times read
(Al-Furat News) A conference will be held in Rome on Wednesday to discuss the most important investment axes in Iraq, especially in the areas of reconstruction, construction and infrastructure, attended by the Chairman of the Investment Authority Sami Araji and Deputy Minister of Trade Haitham Khashali as well as representatives of the Ministries of Transport, .
"The conference will be held under the auspices of the Federation of Italian Industrialists, which includes 1500 of the largest investment companies and in the presence of a distinguished Iraqi including the government side and the Iraqi National Reconstruction Council," said the ambassador in Italy, Ahmed Bamarney.
"The conference will witness the participation of the Iraqi Businessmen Union, the Iraqi Contractors Union, the International Federation of Businessmen, the Iraqi Economic Community, the Association of Banks, the Iraqi Economic Council, the Center for Development, Investment and Reconstruction, the Federation of Iraqi Industries and the Federation of Chambers of Commerce. Of the conference is to see all the investment laws in Iraq and will include extensive discussions on the participation of Italian companies in reconstruction and investment in Iraq, noting that the conference will last two days.
He added that "the Iraqi side will present many of the prospects for the work needed by the country after the liberation of Iraq from the urging, as well as offer opportunities in the process of reconstruction and infrastructure, especially in liberated areas as well as opportunities for investment and laws and procedures issued to facilitate employment and investment in Iraq."
He added that "this conference began preparations for him since July last year, which is important to inform the Italian companies on the conditions and possibilities of investment in Iraq, indicating that there are large Italian companies such as Amy and Trilli will be present at the conference in order to present its experience in Iraq through investment.
"There is a great effort to activate the Iraqi-Italian Joint Committee, which was stopped years ago to be its first meeting in Baghdad," he said.
"The conference will witness the participation of the Iraqi Businessmen Union, the Iraqi Contractors Union, the International Federation of Businessmen, the Iraqi Economic Community, the Association of Banks, the Iraqi Economic Council, the Center for Development, Investment and Reconstruction, the Federation of Iraqi Industries and the Federation of Chambers of Commerce. Of the conference is to see all the investment laws in Iraq and will include extensive discussions on the participation of Italian companies in reconstruction and investment in Iraq, noting that the conference will last two days.
He added that "the Iraqi side will present many of the prospects for the work needed by the country after the liberation of Iraq from the urging, as well as offer opportunities in the process of reconstruction and infrastructure, especially in liberated areas as well as opportunities for investment and laws and procedures issued to facilitate employment and investment in Iraq."
He added that "this conference began preparations for him since July last year, which is important to inform the Italian companies on the conditions and possibilities of investment in Iraq, indicating that there are large Italian companies such as Amy and Trilli will be present at the conference in order to present its experience in Iraq through investment.
"There is a great effort to activate the Iraqi-Italian Joint Committee, which was stopped years ago to be its first meeting in Baghdad," he said.
Kuwaiti-Iraqi talks in Baghdad in preparation for the seventh session of the Higher Ministerial Committee
March 27, 2019 | 10:55 AM - Number of readings: 16 views
Iraqi Position Network
Held in Baghdad yesterday a round of bilateral talks between the delegation of the Kuwaiti Foreign Ministry and officials of the Iraqi Foreign Ministry to discuss a number of joint files.
The Kuwaiti delegation was led by Deputy Foreign Minister Khaled Al-Jarallah, while the Iraqi side was headed by Undersecretary of the Ministry of Foreign Affairs Nizar Khairallah. The talks dealt with a number of joint files and means of developing bilateral relations between the two countries. The two sides also discussed preparations for the seventh session of the Iraqi-Kuwaiti Higher Ministerial Committee to be held soon in Kuwait.
The Kuwaiti delegation included Kuwaiti Ambassador to Iraq Salim Al Zamanan, Assistant Foreign Minister for the Office of Deputy Minister Ayham Al Omar, Assistant Foreign Minister for Legal Affairs Ghanem Al Ghanim, Deputy Assistant Foreign Minister for Legal Affairs Salim Al Shibli and the Iraqi delegation. In the ministry Ismail Shafiq, and the representative of the Ministry of Transport Captain Marine Karim Jabbar.
Before heading to Baghdad, Deputy Foreign Minister Khalid al-Jarallah said that his visit to Iraq «comes from the keenness of Kuwait to communicate with the brothers in Iraq, and is a response to visit the Undersecretary of the Iraqi Foreign Ministry to the country finally».
Al-Jarallah said in a press statement that the Iraqi side is also keen on this communication, which will be an opportunity for Kuwait and Iraq to discuss the bilateral relationship and common interests and large and develop these bilateral relations.
He said that the visit would be an excellent opportunity for both sides to put all these issues on the table of dialogue and to develop consistent and consistent positions in support of the interests of the two brotherly countries.
He said that during the visit, he will meet Iraqi Undersecretary of Foreign Affairs Nizar Khairallah who visited Kuwait. "Many of the issues were discussed, so my visit to Baghdad comes as a complement to the consultations held in Kuwait and in preparation for the joint bilateral committee to be held soon."
The Kuwaiti delegation was led by Deputy Foreign Minister Khaled Al-Jarallah, while the Iraqi side was headed by Undersecretary of the Ministry of Foreign Affairs Nizar Khairallah. The talks dealt with a number of joint files and means of developing bilateral relations between the two countries. The two sides also discussed preparations for the seventh session of the Iraqi-Kuwaiti Higher Ministerial Committee to be held soon in Kuwait.
The Kuwaiti delegation included Kuwaiti Ambassador to Iraq Salim Al Zamanan, Assistant Foreign Minister for the Office of Deputy Minister Ayham Al Omar, Assistant Foreign Minister for Legal Affairs Ghanem Al Ghanim, Deputy Assistant Foreign Minister for Legal Affairs Salim Al Shibli and the Iraqi delegation. In the ministry Ismail Shafiq, and the representative of the Ministry of Transport Captain Marine Karim Jabbar.
Before heading to Baghdad, Deputy Foreign Minister Khalid al-Jarallah said that his visit to Iraq «comes from the keenness of Kuwait to communicate with the brothers in Iraq, and is a response to visit the Undersecretary of the Iraqi Foreign Ministry to the country finally».
Al-Jarallah said in a press statement that the Iraqi side is also keen on this communication, which will be an opportunity for Kuwait and Iraq to discuss the bilateral relationship and common interests and large and develop these bilateral relations.
He said that the visit would be an excellent opportunity for both sides to put all these issues on the table of dialogue and to develop consistent and consistent positions in support of the interests of the two brotherly countries.
He said that during the visit, he will meet Iraqi Undersecretary of Foreign Affairs Nizar Khairallah who visited Kuwait. "Many of the issues were discussed, so my visit to Baghdad comes as a complement to the consultations held in Kuwait and in preparation for the joint bilateral committee to be held soon."
Rouhani, Abd al-Mahdi talk regional unity after US move on Golan
Wednesday، 27 March 2019 12:14 AM
Iranian President Hassan Rouhani told Iraq’s prime minister on Tuesday that regional countries must unite to fight against US President Donald Trump’s decision to recognize the Golan Heights as part of Israel, Reuters reported.“The excessive demands of the Zionist regime and the wrong decisions of Washington necessitate closer cooperation among regional countries,” Rouhani was quoted as saying by the state broadcaster IRIB in a phone call with Adil Abd al-Mahdi.
Rouhani said developments in the Golan Heights were “very dangerous for regional security.”
The Iraqi government announced on Tuesday that Iranian citizens would be exempted from entry fees, while confirming that the exemption is conditional on reciprocity.
Published: 27.03.2019
The Cabinet voted today, in its regular session, on a set of decisions including the reduction of health financing fees, the Armed Forces Hospital project and the exemption of Iranian citizens from the corresponding conditionality fee.
The Council endorsed the recommendations of the consultative meeting on ways to promote tourism in Iraq.
In the same session, the Office of Prime Minister Adel Abdul Mahdi said in a statement that the Cabinet decided during its meeting to reduce the salaries of health funding, and to approve the reduction of wages collected from citizens when reviewing health institutions, and to maintain free health services preventive (maternity and childhood care, School health, thalassemia, and cancer tumors).
He added that "the Council of Ministers obliged the Ministry of Finance to fund the operational budget of the Ministry of Health for the year 2019 in full (without compensation and medicines) for the sustainability of the work of all health institutions and to provide the best health services."
At the same session, the Council voted on the 400-bed Armed Forces Hospital Project in Baghdad.
Kauaihn Iraq Articles:dd
Abdul-Mahdi Boshra blow to the retired contracts and vows to express the disaster of the phrase {extended}
Editorial date:: 2019/3/27
Baghdad: Prime Minister Adel Abdul-Mahdi, Tuesday, Bushra of the retired contracts in the Ministries of Defense and Interior, while promising the defaulters in the disaster of the ferry in Mosul.
"The Ninewa crisis cell represented part of the solution to maintain the province after the sinking of the ferry, and we will not allow any security chaos or administrative vacuum in Mosul after the removal of the province," Abdul-Mahdi said in his weekly press conference, On torrents and rain. "
He pointed out that "the overwhelming majority of their contracts in the internal and defense contracts will return to service after the security audit."
He pointed out that "the incident of the ferry revealed great mistakes and greed and indifference to the lives of people and we will strike with justice all those who underestimate the security of people and their lives, and that the government is making every possible effort to return the Yazidi abductees."
He added that "Iraq was not a party to any regional dispute and trying to find solutions to crises and end conflicts and we have energies and markets with Jordan and Egypt and we are working to deepen trade cooperation," noting that "Egypt has provided great facilities for cooperation with the Iraqi private sector."
He concluded that "our meetings are continuing with the Syrian forces and forces to ensure security and no return of a supporter.
.
IS Claims Responsibility for Attack on SDF in Manbij
He pointed out that "the overwhelming majority of their contracts in the internal and defense contracts will return to service after the security audit."
He pointed out that "the incident of the ferry revealed great mistakes and greed and indifference to the lives of people and we will strike with justice all those who underestimate the security of people and their lives, and that the government is making every possible effort to return the Yazidi abductees."
He added that "Iraq was not a party to any regional dispute and trying to find solutions to crises and end conflicts and we have energies and markets with Jordan and Egypt and we are working to deepen trade cooperation," noting that "Egypt has provided great facilities for cooperation with the Iraqi private sector."
He concluded that "our meetings are continuing with the Syrian forces and forces to ensure security and no return of a supporter.
Federal Court to file suit against the governor of Muthanna against the Minister of Interior
Release date: 2019/3/27 11:20 • 13 times read
{Baghdad: Al Furat News} The Federal Supreme Court responded to the case of the governor of Muthanna asking to oblige the Minister of Interior to implement a law issued by the provincial council.
"The Federal Supreme Court held its session under the chairmanship of Judge Medhat al-Mahmoud and the presence of all the members of the judges, and considered a case filed by the governor of Al-Muthanna, in addition to his job, including the Minister of Interior, in addition to his job," Ayas al-Samuk, spokesman for the court, said in a statement. "He said.
"The plaintiff (the governor of Muthanna) asked the defendant (Interior Minister) to implement the provisions of the law of organizing the leadership and sale of motorcycles No. (3) for the year 2017.
He pointed out that "the plaintiff confirmed that this legislation was issued by the provincial council as the legislative and supervisory authority in the province, and that he has the right to issue local legislation so that he can manage its affairs in accordance with the principle of administrative decentralization and not contrary to the Constitution and federal laws, , And the plaintiff said that the defendant refrained from implementing this law in its current form.
Al-Samok pointed out that "the Federal Supreme Court found that its competences stipulated in Article (4) of its law No. (30) for the year 2005 and article (93) of the Constitution does not include what the plaintiff requested and then the Federal Supreme Court dismissed the case from the jurisdiction" .is over
"The plaintiff (the governor of Muthanna) asked the defendant (Interior Minister) to implement the provisions of the law of organizing the leadership and sale of motorcycles No. (3) for the year 2017.
He pointed out that "the plaintiff confirmed that this legislation was issued by the provincial council as the legislative and supervisory authority in the province, and that he has the right to issue local legislation so that he can manage its affairs in accordance with the principle of administrative decentralization and not contrary to the Constitution and federal laws, , And the plaintiff said that the defendant refrained from implementing this law in its current form.
Al-Samok pointed out that "the Federal Supreme Court found that its competences stipulated in Article (4) of its law No. (30) for the year 2005 and article (93) of the Constitution does not include what the plaintiff requested and then the Federal Supreme Court dismissed the case from the jurisdiction" .is over
Iraqi Army Expects PKK to Either Handover Weapons or Prepare for War in Sinjar
BasNews 27/03/2019 - 00:22 Published in Kurdistan
Iraqi Army in the Yezidi majority populated region of Sinjar have warned the Kurdistan Workers' Party (PKK) to either handover their weapons or be prepared for a military confrontation with the national forces, a security source said on Tuesday.
Clashes erupted between the PKK affiliated Sinjar Resistance Unite (YBS) fighters and the Iraqi forces earlier last week where casualties were reported from both sides. The two began the conflict after the Iraqi army reportedly tried to oust the Kurdish fighters from the region.
According to security sources, however, the Iraqi commandera have suggested that the PKK fighters can be part of the national forces under the name of the YBS while the latter has so far denied the presence of PKK in Sinjar, as cited by Kurdistan 24.Meanwhile, the Shi'ite representative at the Iraqi Parliament are reportedly making efforts to prepare a proposal for ousting the PKK from Sinjar.
BasNews 27/03/2019 - 01:10 Published in Middle East
The insurgent group of Islamic State (IS) has claimed responsibility for the attack on the Kurdish-led Syrian Democratic Forces (SDF) in the Syrian's Manbij city where seven US-backed Kurdish fighters were killed.
According to a statement by the northern city's military council, the attack was carried out by the militant group's sleeper cells overnight on Monday, only days after the defeat of the extremists in Syrian eastern village of Baghouz by the SDF.
Islamic State said in a statement that the "caliphate soldiers attacked a checkpoint of the apostate PKK [Kurdistan Worker’s Party]" in western Manbij using machine guns, Reuters reported.
Iraq to Receive Thousands of IS Suspects from SDF Soon
BasNews 27/03/2019 - 00:43 Published in Iraq
Iraq is expected to receive thousands of Islamic State (IS) suspects from the Kurdish-led Syrian Democratic Forces (SDF) in the near future as the militant group has been declared fully defeated in neighboring Syria.
The SDF will hand over nearly 28,000 IS suspects to Iraq while about 3,000 of them have already been found guilty of having ties with the militant group, Abbas Sarwad, a member of the committee of security and defense at the Iraqi parliament, said in a statement.
According to the Iraqi official, among the 28,000 are thousands of women and children who have made Iraq think of stricter security measures to monitor the overall process of repatriation. The US-backed Kurdish forces, after a five-year deadly war in Syria, announced the full victory over IS earlier the week.
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* SPDR Gold holding rose about 1 pct in previous week Read the full story
Commodities Mar 25, 2019 12:43 GMT Investing.com - Oil prices were struggling to recover from Friday’stumble on Monday, as concerns over the outlook for the global economy continued to weigh on investor sentiment. U.S. West Texas Intermediate crude futures had fallen over 4% on Friday after weak European economic data sent a shock through global markets that were already unsettled by the Federal Reserve’s downward revision of the expected interest rate trajectory earlier in the week. By 8:40AM Read the full story
Australia's banking watchdogsaid lenders should stop using benchmark indices to estimate ifborrowers can afford to repay loans and move to a more intensivesystem of credit checks. Read the full story
The Australia and New Zealand Banking Group Limited (ANZ) has thrown some serious shade at distributed ledger technology — commonly referred to as ‘the blockchain.’ According to the third-largest bank by market capitalization in Australia, legacy financial institutions aren’t exactly under immediate threat from the trustless transactions introduced by Bitcoin (BTC) and its creator, Satoshi Nakamoto. Maria Bellmas, ANZ Institutional’s associate director of trade and supply chain products, stated: Read the full story
Banks just had their worst week since 2011. It could get even worse for the broader financials sector, says one technician. Read the full story
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning, click here. Financial fraud against British bank customers rocketed to £1.2 billion ($1.58 billion) in 2018, a 25% spike on the previous year's figure, according to official data released by UK Finance. Here's a breakdown of some of the most compelling figures around fraud: There was a substantial rise in authorized push Read the full story
Bitcoin prices traded marginally higher on Monday, extending recent gains that saw the best-known cryptocurrency log its fifth consecutive winning week. Read the full story
From the standpoint of investors, the cornerstone of the virtual currency market is its volatility. With price fluctuations at every corner, arbitrage-savvy investors would consider the cryptocurrency market a paradise. However, a recent report from Bitwise suggests otherwise. The report presented to the SEC by the crypto-centric investment firm, Bitwise Asset Management, captured the arbitrage in the... Read the full story
Chart signals of bullish exhaustion suggest bitcoin's narrowing trading range could soon be breached to the downside. Read the full story
TrueDigital Expands Distribution of Its Bitcoin and Ether OTC Reference Rates
CoinDesk
Institutional digital assets platform trueDigital has signed two new deals to expand the reach of its OTC reference rates for bitcoin and ether. Read the full story
Many currencies, including the majors, are retracing last week’s movements on Monday, leading to little action in the U.S. dollar and euro, as well as a rebound from losses in emerging markets. Read the full story
The EUR was the biggest looser on Friday as German preliminary manufacturing data for March showed substantially decreased economic activity and the German Mfg PMI dropped to its lowest level in over 5 years. It should be noted though that also France showed a decrease of economic activity for the same period while the Eurozone […] The post Fears Of A Global Economy Slowdown Increase appeared first on Action Forex. Read the full story
THE POUND to euro exchange rate saw fluctuations last week, but now, it’s been able to “return” to trading in the region of €1.167. What has been forecast for the GBP/EUR exchange rate ahead of the predicted Brexit drama this week? The pound to euro exchange rate opened at €1.1668 today, according to Bloomberg. At the time of writing, it had dropped slightly to €1.1655. But, with a “crucial” week ahead for the UK regarding its impending exit from the European Union , what is in-store for the Read the full story
BREXIT pessimism is weighing on Sterling, leaving the pound euro exchange rate trading in the region of €1.165. The pound euro exchange rate has so far slipped 0.4 percent, with the euro benefiting from the release of better-than-expected German confidence data. The German IFO expectations survey rose to 95.6, while the business climate index rose to 99.6, and both of these better than forecast figures were the highest readings in three months. March’s German IFO current assessment also rose to Read the full story
South Africa's rand retreated against the dollar early on Monday, weakening alongside other emerging market currencies on fears of a slowdown in global economic growth. At 0630 GMT the rand was 0.1% weaker at 14.5050 per dollar compared to a close of 14.9000 on Friday in New York. Read the full story
By Swati Pandey SYDNEY (Reuters) - The Japanese yen hovered near a six-week high on Monday while Asian shares are expected to start lower as risk assets fell out of favor on growing worries about an impending U.S. recession, sending global bond yields plunging. In Asia, Nikkei futures pointed to a weak start for Japan. Australian shares fell 0.3 percent at the open while New Zealand's benchmark index faltered 0.9 percent. Investors also kept one eye on the details of a nearly two-year U.S. Read the full story
Roasted marshmallows contain acrylamide. The chemical acrylamide is found in fried, baked, and roasted foods like coffee and french fries. Because acrylamide was discovered in food somewhat recently, we don't have any concrete answers about whether it causes cancer, but scientists are uncovering evidence of a potential link. California coffee shops are now required to post warnings about acrylamide in their brews. Existing research suggests that acrylamide is only dangerous in extremely high Read the full story
I'm not a fan of big government. But I am a fan of solutions that work. Read the full story
The 2020 election is coming. And health insurers are worried. A groundswell of support for Medicare for All among prominent Democratic presidential contenders has spooked the industry, with some candidates professing the private health insurance sector may (and even should) eventually be tossed into the dustbin of history. Sen. Bernie Sanders—author of a comprehensive Medicare for All bill—has never shied away from a fight with large corporations, and universal health care has long been one of Read the full story
For many workers, health insurance is no longer what it once was. Health care costs borne by employees in the form of deductibles and coinsurance rose at a far faster rate than what employer-sponsored insurers paid for care between 2006 and 2016, according to the Kaiser Family Foundation. Even Medicare beneficiaries under the program’s current form (which includes private components and out-of-pocket spending) are expected to feel a bigger financial squeeze going forward. Fortune CEO Daily Our Read the full story
California-grown avocados sold in bulk to retail stores in six states by the Henry Avocado Corp. are being recalled due to potential contamination with the bacterium listeria monocytogenes, the company announced on Saturday. Read the full story
GLOBAL/NEWS/INFO
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OIL/COMMODITIES/ENERGY
PRECIOUS-Gold rises as U.S. recession fears boost safer assets
Reuters* SPDR Gold holding rose about 1 pct in previous week Read the full story
Gold on track to score its highest finish in a month as global market jitters persist
MarketWatch
Gold pushes higher again Monday, poised for its best finish in about a month, as financial markets keep attention fixed on global growth fears and a recessionary alarm persists in the bond market. Read the full story
Oil Prices Fall Amid Worries on Broadening Economic Slowdown
Investing.com
Commodities Mar 25, 2019 05:09 GMT Investing.com - Oil prices fell on Monday in Asia amid concerns of a broadening global economic slowdown which could threaten demand for crude. U.S. Crude Oil WTI Futures fell 0.8% to $58.56 by 1:00 AM ET (05:00 GMT). International Brent Oil Futures was down 0.7% to $66.31. The IHS Markit preliminary Purchasing Managers’ Index, led by Germany, plunged to 44.7 in March, its lowest level since 2012 and well below economists’ expectation of 48, data showed on Read the full story
Investing.com
Commodities Mar 25, 2019 05:09 GMT Investing.com - Oil prices fell on Monday in Asia amid concerns of a broadening global economic slowdown which could threaten demand for crude. U.S. Crude Oil WTI Futures fell 0.8% to $58.56 by 1:00 AM ET (05:00 GMT). International Brent Oil Futures was down 0.7% to $66.31. The IHS Markit preliminary Purchasing Managers’ Index, led by Germany, plunged to 44.7 in March, its lowest level since 2012 and well below economists’ expectation of 48, data showed on Read the full story
Oil Prices Slip as Global Growth Concerns Linger
Investing.comCommodities Mar 25, 2019 12:43 GMT Investing.com - Oil prices were struggling to recover from Friday’stumble on Monday, as concerns over the outlook for the global economy continued to weigh on investor sentiment. U.S. West Texas Intermediate crude futures had fallen over 4% on Friday after weak European economic data sent a shock through global markets that were already unsettled by the Federal Reserve’s downward revision of the expected interest rate trajectory earlier in the week. By 8:40AM Read the full story
BANKS/BANKING/CREDIT
Australian regulator moves to toughen up lending standards
ReutersAustralia's banking watchdogsaid lenders should stop using benchmark indices to estimate ifborrowers can afford to repay loans and move to a more intensivesystem of credit checks. Read the full story
Australian Bank ANZ Still Doesn't Understand Blockchain Technology - Bitcoinist.com
Bitcoinist.netThe Australia and New Zealand Banking Group Limited (ANZ) has thrown some serious shade at distributed ledger technology — commonly referred to as ‘the blockchain.’ According to the third-largest bank by market capitalization in Australia, legacy financial institutions aren’t exactly under immediate threat from the trustless transactions introduced by Bitcoin (BTC) and its creator, Satoshi Nakamoto. Maria Bellmas, ANZ Institutional’s associate director of trade and supply chain products, stated: Read the full story
Financials are back in correction, and it could get much worse
CNBCBanks just had their worst week since 2011. It could get even worse for the broader financials sector, says one technician. Read the full story
UK bank customers were scammed out of $1.58 billion in 2018 — a jump driven by an spike in data breaches
Business InsiderThis is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning, click here. Financial fraud against British bank customers rocketed to £1.2 billion ($1.58 billion) in 2018, a 25% spike on the previous year's figure, according to official data released by UK Finance. Here's a breakdown of some of the most compelling figures around fraud: There was a substantial rise in authorized push Read the full story
TREASURIES/BONDS/STOCKS
Here's How the Shake-Out Is Reverberating Around Global Markets
Bloomberg
Markets from Sao Paulo to Tokyo are getting swept up in a downdraft spurred by questions about whether global growth is deteriorating faster than previously thought. Read the full story
Top 5 Things to Know in The Market on Tuesday
Investing.com
Economy Mar 26, 2019 09:47 GMT Investing.com - Here are the top five things you need to know in financial markets on Tuesday, March 26: 1. U.S. Treasury Yield Curve Remains Inverted The U.S. Treasury yield curve remained inverted for the third consecutive session, stoking fears of an impending U.S. recession. At 5:45 AM ET (10:45 GMT), the yield on the benchmark 10-year Treasury note was at 2.437%, after hitting a December 2017 low of 2.393% last Friday. Meanwhile, the yield on the three-month Read the full story
Investing.com
Economy Mar 26, 2019 09:47 GMT Investing.com - Here are the top five things you need to know in financial markets on Tuesday, March 26: 1. U.S. Treasury Yield Curve Remains Inverted The U.S. Treasury yield curve remained inverted for the third consecutive session, stoking fears of an impending U.S. recession. At 5:45 AM ET (10:45 GMT), the yield on the benchmark 10-year Treasury note was at 2.437%, after hitting a December 2017 low of 2.393% last Friday. Meanwhile, the yield on the three-month Read the full story
CRYPTO'S / DIGITAL CURRENCY
Bitcoin moves higher after notching its fifth consecutive winning week — longest in 11 months
MarketWatchBitcoin prices traded marginally higher on Monday, extending recent gains that saw the best-known cryptocurrency log its fifth consecutive winning week. Read the full story
Bitcoin [BTC] market more efficient as arbitrage on exchanges improved, says Bitwise Report
AMBCryptoFrom the standpoint of investors, the cornerstone of the virtual currency market is its volatility. With price fluctuations at every corner, arbitrage-savvy investors would consider the cryptocurrency market a paradise. However, a recent report from Bitwise suggests otherwise. The report presented to the SEC by the crypto-centric investment firm, Bitwise Asset Management, captured the arbitrage in the... Read the full story
Bitcoin Price Consolidation Continues, Downside Break Looks Likely
CoinDeskChart signals of bullish exhaustion suggest bitcoin's narrowing trading range could soon be breached to the downside. Read the full story
CoinDesk
Institutional digital assets platform trueDigital has signed two new deals to expand the reach of its OTC reference rates for bitcoin and ether. Read the full story
CURRENCIES
Dollar edges lower as currencies retrace Friday’s moves
MarketWatchMany currencies, including the majors, are retracing last week’s movements on Monday, leading to little action in the U.S. dollar and euro, as well as a rebound from losses in emerging markets. Read the full story
Fears Of A Global Economy Slowdown Increase | Action Forex
Action ForexThe EUR was the biggest looser on Friday as German preliminary manufacturing data for March showed substantially decreased economic activity and the German Mfg PMI dropped to its lowest level in over 5 years. It should be noted though that also France showed a decrease of economic activity for the same period while the Eurozone […] The post Fears Of A Global Economy Slowdown Increase appeared first on Action Forex. Read the full story
Pound to euro exchange rate: GBP starts 'crucial week' strong ahead of Brexit drama
ExpressTHE POUND to euro exchange rate saw fluctuations last week, but now, it’s been able to “return” to trading in the region of €1.167. What has been forecast for the GBP/EUR exchange rate ahead of the predicted Brexit drama this week? The pound to euro exchange rate opened at €1.1668 today, according to Bloomberg. At the time of writing, it had dropped slightly to €1.1655. But, with a “crucial” week ahead for the UK regarding its impending exit from the European Union , what is in-store for the Read the full story
Pound euro exchange rate: GBP slips on better-than-forecast Germany data
ExpressBREXIT pessimism is weighing on Sterling, leaving the pound euro exchange rate trading in the region of €1.165. The pound euro exchange rate has so far slipped 0.4 percent, with the euro benefiting from the release of better-than-expected German confidence data. The German IFO expectations survey rose to 95.6, while the business climate index rose to 99.6, and both of these better than forecast figures were the highest readings in three months. March’s German IFO current assessment also rose to Read the full story
Rand slides as global recession fears hit emerging markets
PolitySouth Africa's rand retreated against the dollar early on Monday, weakening alongside other emerging market currencies on fears of a slowdown in global economic growth. At 0630 GMT the rand was 0.1% weaker at 14.5050 per dollar compared to a close of 14.9000 on Friday in New York. Read the full story
Yen strengthens, shares skid on U.S. recession fears
Business InsiderBy Swati Pandey SYDNEY (Reuters) - The Japanese yen hovered near a six-week high on Monday while Asian shares are expected to start lower as risk assets fell out of favor on growing worries about an impending U.S. recession, sending global bond yields plunging. In Asia, Nikkei futures pointed to a weak start for Japan. Australian shares fell 0.3 percent at the open while New Zealand's benchmark index faltered 0.9 percent. Investors also kept one eye on the details of a nearly two-year U.S. Read the full story
HEALTH / SCIENCE
A chemical found in burned, charred, and toasted foods has been linked to cancer. Here's how worried you should be.
Business InsiderRoasted marshmallows contain acrylamide. The chemical acrylamide is found in fried, baked, and roasted foods like coffee and french fries. Because acrylamide was discovered in food somewhat recently, we don't have any concrete answers about whether it causes cancer, but scientists are uncovering evidence of a potential link. California coffee shops are now required to post warnings about acrylamide in their brews. Existing research suggests that acrylamide is only dangerous in extremely high Read the full story
Universal health care would benefit my small business
The HillI'm not a fan of big government. But I am a fan of solutions that work. Read the full story
How Medicare for All Could Eliminate the $600 Billion Private Insurance Industry
FORTUNEThe 2020 election is coming. And health insurers are worried. A groundswell of support for Medicare for All among prominent Democratic presidential contenders has spooked the industry, with some candidates professing the private health insurance sector may (and even should) eventually be tossed into the dustbin of history. Sen. Bernie Sanders—author of a comprehensive Medicare for All bill—has never shied away from a fight with large corporations, and universal health care has long been one of Read the full story
Workers and Retirees Alike Are Paying More for Health Care
FORTUNEFor many workers, health insurance is no longer what it once was. Health care costs borne by employees in the form of deductibles and coinsurance rose at a far faster rate than what employer-sponsored insurers paid for care between 2006 and 2016, according to the Kaiser Family Foundation. Even Medicare beneficiaries under the program’s current form (which includes private components and out-of-pocket spending) are expected to feel a bigger financial squeeze going forward. Fortune CEO Daily Our Read the full story
Avocado recall in 6 states over listeria concerns
CNNCalifornia-grown avocados sold in bulk to retail stores in six states by the Henry Avocado Corp. are being recalled due to potential contamination with the bacterium listeria monocytogenes, the company announced on Saturday. Read the full story
USA / CANADA
Netanyahu cuts short U.S. visit as Gaza tensions spike
Reuters
Israeli Prime Minister Benjamin Netanyahu cut short a visit to the United States on Monday and the military said it dispatched reinforcements to the Gaza border after a rocket attack near Tel Aviv wounded seven people. Read the full story
Reuters
Israeli Prime Minister Benjamin Netanyahu cut short a visit to the United States on Monday and the military said it dispatched reinforcements to the Gaza border after a rocket attack near Tel Aviv wounded seven people. Read the full story
EMERGING MARKETS