Foreign Exchange Market: Why You Should Invest in Iraqi Dinar
link this is probably out of India
Investing in foreign currency is discussed in the news and is one of the major investment options around the world. People invest in foreign currencies intending to hold a particular currency and sell it when it appreciates. It is a trend that has been there for a longer period and only mastered by those individuals who have excellent skills and knowledge in the forex exchange.
Before investing in this industry, you need to understand the value of currencies as compared to other currencies. This means that you should know how the Japanese yen compares to the South African dollar. That’s the only way you will be able to leverage the market fluctuations and make profits. One of the basic principal about foreign currency trade is that you must know which currency is higher than the other before you trade. For example, if the dinar value is very high in the morning, you would expect it to depreciate in the evening.
What’s the Secret?
Currency fluctuations happen to all major currencies, which means that you have to keep monitoring how currencies are changing in value. The secret is buying low, holding, and selling when the value appreciates. Sometimes you may be forced to cut your losses and move to another investment if the currency you are holding is not promising.
Top Five Currencies to Invest
You will always come across information in news articles on the best currencies to invest. However, not everything that is written in these articles is factual. Most of the information is based on history and trends but not what is currently happening in the forex market. However, there are some financial and business articles such as Financial Times and Yahoo Finance which will always present a fair assessment of the foreign exchange market.
Nevertheless, some top currencies dominate the world at any given time. You should focus your attention on investing in these currencies and you will be guaranteed of profits within a short period, sometimes even in a single day. Some of these currencies have been discussed below.
1. The U.S. Dollar
This is the most traded currency in the world, and you will never lack it in the market. For a longer period, the U.S dollar has been used as an intermediary in triangular transactions. What makes it suitable is the fact that it is accepted across the world and some countries put the U.S. dollar in their reserve banks.
2. The European Pound (Euro)
Despite being relatively new, the Euro has already established itself as the second traded currency on the planet. Most of the incentives in trading with this currency come from the fact that it is the official currency in Europe and many people are using it.
3. The Japanese Yen
Japanese yen is highly traded because it is, informally, the Asian currency. If you want to gauge the economy of countries such as Thailand, Singapore, and South Korea, you have to evaluate the performance of Japanese yen in comparison to other currencies around the world.
4. The British Pound
The British pound, mostly referred to as Sterling Pound, is a fairly traded currency owing to its relative value to other currencies around the world. It is also a very liquid currency, which means that it can return its value and profits within a day.
5. The Canadian Dollar
The Canadian dollar is a very useful currency as it is very consistent with the value of the commodity market involving minerals, precious metals, and crude oil. Traders use the Canadian dollar to speculate on the fluctuations in the commodity market.
Other Upcoming Currencies
There are other currencies, such as Iraqi dinar, which is making significant impacts in the money market. For a longer period, this currency has been performing poorly, and there has been no liquidity due to the political instability in Iraq. However, everything has changed, and the current value of Iraqi Dinar stands at 0.00084 when compared to the U.S Dollar which is a significant improvement.
With the current political and economic stability, the value of Iraqi dinar has been improving consistently. If you are interested in investing in an upcoming currency, you need to select Iraqi dinar. It is an investment opportunity that you cannot ignore. In the next few years, Iraqi dinar is expected to become one of the major currencies in the Middle East.
WOTS Friday 4/19/19:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1185.0000 | 1185.0000 | 1185.0000 | | 05:08 |
| USD/VND | | | 23169.2600 | 23168.5000 | 23168.5000 | | 03:15 |
| USD/CNY | | | 6.7081 | 6.7007 | 6.7081 | | 05:09 |
| USD/KWD | | | 0.3036 | 0.3036 | 0.3036 | | 05:09 |
| GBP/USD | | | 1.3008 | 1.2981 | 1.2982 | | 05:12 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 05:08 |
| USD/IDR | | | 14104.0000 | 13856.0000 | 14043.0000 | | 05:10 |
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DC NY Iraq Articles:dd
The Prime Minister of Iraq: Our relationship to "cooperation" must advance for the better
Friday, 19 April 2019
Iraq's Prime Minister Adel Abdul-Mahdi said the Gulf Cooperation Council (GCC) is important for his country, stressing that Baghdad's relationship with the council "should move forward for the better." This came during a meeting with Abdul Mahdi at his residence during his visit to Riyadh yesterday with the Secretary General of the Cooperation Council Abdullatif Zayani. The two officials discussed the development of relations between Iraq and the GCC countries and issues of mutual interest and enhancing opportunities for security, stability and economic cooperation.
"The Gulf Cooperation Council is important for Iraq, and cooperation and economic relations must progress for the better," he said. "Iraq is keen to work within its Arab and Islamic environment and to establish balanced relations that serve the interests of our peoples. It is important that our environment be stable and prosperous. .
For his part, Zayani said: "I assure you that your brothers in the GCC are fully prepared to build bridges of cooperation with Iraq and support it. We have a great desire to promote security, stability and economic cooperation, and we are satisfied with the stability of Iraq and the Iraqi government.
On the other hand, a press statement issued by the Saudi Foreign Ministry on the occasion of the visit of the Iraqi Prime Minister to the Kingdom pointed out that this visit came out of the strong historical ties between the two brotherly countries and the consolidation of relations and the common desire to push them towards a wider horizons and investment of great potentials and opportunities. To enhance the existing cooperation between the two countries in the political, security and economic fields.
To participate in the work of the Baghdad summit .. President of the Syrian People's Assembly arrives in Iraq
12:02 - 19/04/2019
Baghdad Mawazine News
The head of the Syrian People's Assembly, Hamouda Sabbagh, arrived at Baghdad International Airport at the head of a parliamentary delegation to participate in the work of the Baghdad Summit of the parliaments of the neighboring countries of Iraq, which will be held next Saturday.
Speaker of the House of Representatives Mohamed Halboussi received his Syrian counterpart and accompanying delegation.
The General Secretariat of the Iraqi Council of Representatives on Wednesday, the end of all preparations for the hosting of the Baghdad Summit of the heads of parliaments of neighboring countries, which is invited by Halbusi.
Speaker of the House of Representatives Mohamed Halboussi received his Syrian counterpart and accompanying delegation.
The General Secretariat of the Iraqi Council of Representatives on Wednesday, the end of all preparations for the hosting of the Baghdad Summit of the heads of parliaments of neighboring countries, which is invited by Halbusi.
A new plan to secure the Iraqi-Syrian border
Date of release:: 2019/4/19 8:35 • 136 times read
(Baghdad: Al Furat News) A security source confirmed that the Iraqi forces are preparing to prepare a new security plan to secure its borders with Syria.
The source said that "the mechanisms to be followed by the Iraqi government in securing its borders with Syria, lies in air control through Iraqi aviation, in addition to the erection of thermal cameras, as well as ongoing patrols along the border."
He added that "Iraq coordinates with the Syrian government to secure the borders of the two countries," noting that "the border from Iraq is fully insured and the government is working to remain safe, and if there were disturbances on the Syrian side or differences between the army there and the Syrian democratic forces."
Earlier, the Iraqi authorities said they had mobilized troops on the Iraqi-Syrian border, to monitor and monitor in preparation for all possible repercussions, and to prevent the infiltration of terrorist elements individually.
He added that "Iraq coordinates with the Syrian government to secure the borders of the two countries," noting that "the border from Iraq is fully insured and the government is working to remain safe, and if there were disturbances on the Syrian side or differences between the army there and the Syrian democratic forces."
Earlier, the Iraqi authorities said they had mobilized troops on the Iraqi-Syrian border, to monitor and monitor in preparation for all possible repercussions, and to prevent the infiltration of terrorist elements individually.
Press release at the end of Abdul Mahdi's visit to Riyadh confirms the "investment of political, historical and religious heritage"
19/04/2019
Mohammed bin Salman: all the potential of Saudi Arabia in the service of Iraq
Saudi Arabia and Saudi Arabia stressed in a press statement yesterday the importance of investing political and historical heritage between them. In a meeting with Iraqi Prime Minister Adel Abdul Mahdi, who visited Riyadh, Saudi Crown Prince Prince Mohammed bin Salman affirmed that all Saudi capabilities and expertise "serve Iraq" . The Iraqi prime minister discussed with Saudi Crown Prince the expansion of relations between the two countries in various fields and chaired a joint meeting of the expanded Iraqi-Saudi Arabia and stressed the development of their relations for the benefit of the whole region. The two sides discussed ways to increase cooperation between the two countries in all fields and implement the 13 agreements signed between the two countries. "The Kingdom regards Iraq with great respect, growth and strength, which is fundamental to us and we are pleased to see Iraq at this level of stability. We hope that it will grow stronger and more stable and take the place it deserves in its Arab and regional environment," he said. He stressed that Saudi Arabia is putting all its resources and expertise in serving Iraq and its people and raising the level of cooperation in all fields and we look forward to taking advantage of the economic potentials and opportunities available to both countries. "The development of Iraqi-Saudi relations is an urgent need for us and for the region and it helps to achieve peace, development and prosperity," he said. "Our people have suffered from the wars they have suffered for half a century and terrorism, which is looking forward to the return of normal life to a period of stability, economic well-being and better services. "What we saw during our visit to the Kingdom reflects the seriousness and common desire to develop relations and the signing of agreements and memorandums of understanding is a beginning to open new horizons and meet the interests of the Iraqi and Saudi people."
During the joint meeting, which included the members of the two delegations, they discussed cooperation in the fields of electricity, water desalination, housing, oil and its derivatives, development of the agricultural and commercial sectors, irrigation methods and industries, encouraging investments in tourism, cultural and sports fields, and the possibility of increasing the share of Iraqis in Hajj according to the rising population ratio. Cooperation within the work of the Coordination Council between the two countries.
Iraq and Saudi Arabia, under the supervision of the Custodian of the Two Holy Mosques King Salman bin Abdul Aziz and Abdul Mahdi, signed 13 agreements and memorandums of understanding. Earlier, King Abdullah and King Salman held a meeting at the Royal Palace in Riyadh on Wednesday evening, where the king stressed the Kingdom's stand with Iraq. "What brings us together is our religion, our security and our common interests, which must be strengthened in all fields. Coordination and implementation of agreements and memorandums. " He stressed that the Kingdom is keen to cooperate with Iraq and support in all fields and is ready to cooperate for the achievement of common interests and expressed satisfaction with the situation of stability in Iraq.
On the occasion of the visit of the Iraqi Prime Minister to Saudi Arabia, a press statement was issued yesterday stressing the historical, religious and social relations between the Kingdom and Iraq and the importance of investing this political, historical and religious heritage, and strengthening relations in line with the direction of the two leaderships.
On the sidelines of the visit, the first meeting of the Political, Security and Military Affairs Committee, chaired by the two foreign ministers, was held.
During the joint meeting, which included the members of the two delegations, they discussed cooperation in the fields of electricity, water desalination, housing, oil and its derivatives, development of the agricultural and commercial sectors, irrigation methods and industries, encouraging investments in tourism, cultural and sports fields, and the possibility of increasing the share of Iraqis in Hajj according to the rising population ratio. Cooperation within the work of the Coordination Council between the two countries.
Iraq and Saudi Arabia, under the supervision of the Custodian of the Two Holy Mosques King Salman bin Abdul Aziz and Abdul Mahdi, signed 13 agreements and memorandums of understanding. Earlier, King Abdullah and King Salman held a meeting at the Royal Palace in Riyadh on Wednesday evening, where the king stressed the Kingdom's stand with Iraq. "What brings us together is our religion, our security and our common interests, which must be strengthened in all fields. Coordination and implementation of agreements and memorandums. " He stressed that the Kingdom is keen to cooperate with Iraq and support in all fields and is ready to cooperate for the achievement of common interests and expressed satisfaction with the situation of stability in Iraq.
On the occasion of the visit of the Iraqi Prime Minister to Saudi Arabia, a press statement was issued yesterday stressing the historical, religious and social relations between the Kingdom and Iraq and the importance of investing this political, historical and religious heritage, and strengthening relations in line with the direction of the two leaderships.
On the sidelines of the visit, the first meeting of the Political, Security and Military Affairs Committee, chaired by the two foreign ministers, was held.
Close two K-Card ports in Dhi Qar
09:18 - 18/04/2019
Baghdad Mawazine News
The Dhi Qar police command announced that the fight against organized crime closed the "Key Card" port for a resurrection with riba and other transactions and the exchange of foreign currency.
A police statement issued to Mawazine News, a copy of which said that "the department of combating organized crime in the market of the Senate, arrested an accused symbolizes his name." C. 33-year-old resident of the Sabian district of the Souk al-Shuyukh district south of the city of Nasiriyah
Key Card. "
He pointed out that "the arrest was carried out after the availability of certain information about the defendant to practice the work of interest through the mortgage cards" Key Card "and the identities of retirees and during the inspection by the detachments of the section was seized a number of identities of retirees along with a number of lines of communication { Which is traded in illegal ways. "
Separately, the anti-organized crime department in Nasiriyah arrested a defendant named 47-year-old HG for opening an unauthorized card-drive in Nasiriyah and selling foreign currency for $ 34,000.
He added that "the defendants presented to the investigating judges and took all legal procedures in preparation for referral to the competent courts to receive their fair sentences."
The Dhi Qar police command announced that the fight against organized crime closed the "Key Card" port for a resurrection with riba and other transactions and the exchange of foreign currency.
A police statement issued to Mawazine News, a copy of which said that "the department of combating organized crime in the market of the Senate, arrested an accused symbolizes his name." C. 33-year-old resident of the Sabian district of the Souk al-Shuyukh district south of the city of Nasiriyah
Key Card. "
He pointed out that "the arrest was carried out after the availability of certain information about the defendant to practice the work of interest through the mortgage cards" Key Card "and the identities of retirees and during the inspection by the detachments of the section was seized a number of identities of retirees along with a number of lines of communication { Which is traded in illegal ways. "
Separately, the anti-organized crime department in Nasiriyah arrested a defendant named 47-year-old HG for opening an unauthorized card-drive in Nasiriyah and selling foreign currency for $ 34,000.
He added that "the defendants presented to the investigating judges and took all legal procedures in preparation for referral to the competent courts to receive their fair sentences."
Kauaihn Iraq Articles:dd
Halabousi and his Syrian counterpart discuss ways to develop joint cooperation
2019/4/19 0:25 • 34 times read
BAGHDAD (AFP) - Speaker of the House of Representatives Mohamed Halboussi received on Thursday the head of the Syrian People's Assembly, Hamouda Yousef Al-Sabbagh, at the head of a parliamentary delegation to participate in the conference of the heads of parliaments of the neighboring countries of Iraq.
"The head of the Syrian People's Assembly and his accompanying delegation received an official reception at the Grand Hall of Honor at Baghdad International Airport, attended by a number of deputies as well as the Secretary General of the Iraqi Council of Representatives Salah al-Humiri."
At the beginning of the meeting, President Halabousi welcomed the visiting Syrian delegation and his participation in the Baghdad Summit of Parliaments of neighboring countries of Iraq, "referring to" the depth of the historical relationship between the two brotherly peoples. "
The two sides also reviewed "bilateral relations between Iraq and Syria and means of developing joint cooperation in all fields"
At the beginning of the meeting, President Halabousi welcomed the visiting Syrian delegation and his participation in the Baghdad Summit of Parliaments of neighboring countries of Iraq, "referring to" the depth of the historical relationship between the two brotherly peoples. "
The two sides also reviewed "bilateral relations between Iraq and Syria and means of developing joint cooperation in all fields"
Kirkuk multiply the benefits of a strategic oil project
Editorial date: 2019/4/19
(Baghdad: Al-Furat News) Number of assistant governor of Kirkuk for technical affairs, Ali Hammadi, Fouad construction of a refinery in the province.
Hammadi said in a press statement that "the establishment of a refinery in Kirkuk would solve the problem of oil derivatives suffered by taxi drivers, inspection Kirkuk is always few."
He added that "Kirkuk is the only province that uses the [coupon] in the issue of obtaining gasoline."
He added that "more than one province will be fed by 150,000 barrels per day, and the establishment of the refinery will provide thousands of jobs and stimulate market movement." The refinery is one of the important strategic projects.
According to official estimates, Kirkuk's total oil reserves are 13 billion barrels, or 12 percent of Iraq's oil reserves
He added that "Kirkuk is the only province that uses the [coupon] in the issue of obtaining gasoline."
He added that "more than one province will be fed by 150,000 barrels per day, and the establishment of the refinery will provide thousands of jobs and stimulate market movement." The refinery is one of the important strategic projects.
According to official estimates, Kirkuk's total oil reserves are 13 billion barrels, or 12 percent of Iraq's oil reserves
Sadr's initiative to decisively eliminate corruption: Saairun
April 2019 10:05 PM
Saairun Alliance said the reform initiative launched by leader of the Sadrist Movement Muqtada al-Sadr will put an end to the corrupt officials who squandered the public money and looted the country's resources.
Sadr has urges members of his bloc, including ministers and other officials to follow the procedures of the Anti-Corrruption Supreme Council, warning that those who fail to do so will be held accountable.
Sadr also called on Prime Minister Adil Abd al-Mahdi to follow up on this issue, as he is also the head of the Anti-Corruption Council, urging him to stick to objectivity, transparency and full accuracy in dealing with this matt
Sadr has urges members of his bloc, including ministers and other officials to follow the procedures of the Anti-Corrruption Supreme Council, warning that those who fail to do so will be held accountable.
Sadr also called on Prime Minister Adil Abd al-Mahdi to follow up on this issue, as he is also the head of the Anti-Corruption Council, urging him to stick to objectivity, transparency and full accuracy in dealing with this matt
Deputy governor of Babylon stresses the maximum efforts to provide water to the areas not serviced
2019/4/19 0:00 • 48 times read
(Baghdad: Al-Furat News) Deputy governor of Babel Hassan Mandil al-Quraishi visited the Directorate of Water Babylon and met with the director of the Department Mohammed Zikm to see the reality of the service provided to citizens.
A statement of his office received the agency {Euphrates News} a copy of it, "al-Quraishi briefed in detail the water projects carried out throughout the province and showed his guidance in this regard."
He stressed the necessity of mobilizing the Directorate's staff and exerting utmost efforts to provide water to the uninhabited areas, which suffer from a shortage of potable water, especially as we are approaching the summer season, in which water consumption is more than the rest of the seasons.
For his part, Zikmam praised Qarishi's interest in "the Directorate through his frequent visits," stressing the need to cooperate citizens and not waste water in order to serve everyone and deliver water to the most possible point throughout the province. "
He stressed the necessity of mobilizing the Directorate's staff and exerting utmost efforts to provide water to the uninhabited areas, which suffer from a shortage of potable water, especially as we are approaching the summer season, in which water consumption is more than the rest of the seasons.
For his part, Zikmam praised Qarishi's interest in "the Directorate through his frequent visits," stressing the need to cooperate citizens and not waste water in order to serve everyone and deliver water to the most possible point throughout the province. "
President of the Syrian People's Assembly arrives in Baghdad
Release date: 2019/4/18 23:39 • 135 times read
The head of the Syrian People's Assembly, Hamouda Sabbagh, arrived at the Baghdad International Airport at the head of a parliamentary delegation to participate in the work of the Baghdad Summit of Parliaments of Neighboring Countries of Iraq, which will be held next Saturday.
Speaker of the House of Representatives Mohamed Halboussi received his Syrian counterpart and accompanying delegation.
The General Secretariat of the Iraqi Council of Representatives, announced on Wednesday, the end of all preparations for the hosting of the Baghdad Summit of the heads of parliaments of neighboring countries, which is invited by Halbusi.
The General Secretariat of the Iraqi Council of Representatives, announced on Wednesday, the end of all preparations for the hosting of the Baghdad Summit of the heads of parliaments of neighboring countries, which is invited by Halbusi.
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GLOBAL NEWS AND INFO
10 Things to Know for Today
Among 10 Things to Know: Barr to discuss redacted report before lawmakers get a copy; North Korea says it tested new weapon, wants Pompeo out of talks; France to hold daylong tribute to Notre Dame firefighters
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Among 10 Things to Know: Barr to discuss redacted report before lawmakers get a copy; North Korea says it tested new weapon, wants Pompeo out of talks; France to hold daylong tribute to Notre Dame firefighters
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OIL/COMMODITIES/ENERGY
Gold Prices Hover Near 4-Month Lows, U.S. Dollar Weakness Lends Support
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Read in Investing.com: https://apple.news/
Commodities Apr 17, 2019 11:49 GMT Investing.com - Gold prices were little changed on Wednesday, hovering near a four-month low, as weakness in the U.S. dollar outweighed better-than-expected economic data from China. At 7:41 AM ET (11:41 GMT), gold futures for June delivery on the Comex division of the New York Mercantile Exchange inched up 75 cents, or 0.1%, at $1,277.95 a troy ounce, holding close to the four-month low of $1,272.20 reached a day earlier. China reported 6.4% growth for the
Read in Investing.com: https://apple.news/
Gold claws up from 2019 low, but ascent limited by stock-market gains
Gold trade steadies Wednesday morning, with prices poking into positive territory, after a hunt for assets viewed as risky took the haven metal to its lowest finish of the year a day ago.
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Gold trade steadies Wednesday morning, with prices poking into positive territory, after a hunt for assets viewed as risky took the haven metal to its lowest finish of the year a day ago.
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BANKS/BANKING/CREDIT
UPDATE 3-European banks Credit Agricole and Santander team up in asset services
* New entity to have $3.8 trillion assets under custody
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* New entity to have $3.8 trillion assets under custody
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Mark Carney tells global banks they cannot ignore climate change dangers
Financial sector warned it risks losses from extreme weather and its stakes in polluting firms The global financial system faces an existential threat from climate change and must take urgent steps to reform, the governors of the Bank of England and France’s central bank have warned, writing in the Guardian. In an article published in the Guardian on Wednesday aimed at the international financial community, Mark Carney, the Bank’s governor, and Villeroy de Galhau, the governor of the Banque de
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'Massive job cuts' the only way for Deutsche Bank-Commerzbank merger, strategist says
The only way a potential merger between Deutsche Bank and Commerzbank would make sense is by making massive job cuts across the two firms, a strategist told CNBC Wednesday.
Read in CNBC: https://apple.news/AVEaY8_
Financial sector warned it risks losses from extreme weather and its stakes in polluting firms The global financial system faces an existential threat from climate change and must take urgent steps to reform, the governors of the Bank of England and France’s central bank have warned, writing in the Guardian. In an article published in the Guardian on Wednesday aimed at the international financial community, Mark Carney, the Bank’s governor, and Villeroy de Galhau, the governor of the Banque de
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Japan's Biggest Bank Invests in Crypto Sleuthing Startup Chainalysis
Japanese bank MUFG has backed an additional Series B raise for crypto analytics startup Chainalysis, bringing its round total to $36 million.
Read in CoinDesk: https://apple.news/AA9oqYf-
Japanese bank MUFG has backed an additional Series B raise for crypto analytics startup Chainalysis, bringing its round total to $36 million.
Read in CoinDesk: https://apple.news/AA9oqYf-
'Massive job cuts' the only way for Deutsche Bank-Commerzbank merger, strategist says
The only way a potential merger between Deutsche Bank and Commerzbank would make sense is by making massive job cuts across the two firms, a strategist told CNBC Wednesday.
Read in CNBC: https://apple.news/AVEaY8_
Morgan Stanley profit beats estimates on wealth management, lower costs
Morgan Stanley beat analysts' estimates for a quarterly profit on Wednesday on gains in its wealth management business and lower expenses, sending its shares up 3 percent.
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Morgan Stanley beat analysts' estimates for a quarterly profit on Wednesday on gains in its wealth management business and lower expenses, sending its shares up 3 percent.
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TREASURIES/BONDS/STOCKS
We're not in a normal cycle right now, strategist says
Altaf Kassam, EMEA head of investment strategy and research at State Street Global Advisors, makes a case for high-yield investments.
Read in CNBC: https://apple.news/
Altaf Kassam, EMEA head of investment strategy and research at State Street Global Advisors, makes a case for high-yield investments.
Read in CNBC: https://apple.news/
2019's sharp market rally faces May expiration date, CFRA's Sam Stovall warns
CFRA's Sam Stovall suggests the stock market will hit a setback next month.
Read in CNBC: https://apple.news/
CFRA's Sam Stovall suggests the stock market will hit a setback next month.
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Treasury yields edge higher after positive China data
Treasury yields inch higher Wednesday as a round of upbeat Chinese economic data, lifts appetite for risk assets and triggers selling in government bonds across U.S. and Europe.
Read in MarketWatch: https://apple.news/AQs-
Treasury yields inch higher Wednesday as a round of upbeat Chinese economic data, lifts appetite for risk assets and triggers selling in government bonds across U.S. and Europe.
Read in MarketWatch: https://apple.news/AQs-
The U.S. economy may not be feeling frisky, but stocks are
Financial markets are nearing all-time highs even as economic growth cools and corporate earnings sag -- here's why
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Financial markets are nearing all-time highs even as economic growth cools and corporate earnings sag -- here's why
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How a pickup in inflation could drive volatility lower across financial markets, in one chart
Analysts at Arbor Data Science say market volatility tends to be muted when inflation approaches the Federal Reserve’s 2% target
Read in MarketWatch: https://apple.news/
Analysts at Arbor Data Science say market volatility tends to be muted when inflation approaches the Federal Reserve’s 2% target
Read in MarketWatch: https://apple.news/
Top 5 Things to Know in The Market on Thursday
Economy Apr 18, 2019 09:32 GMT Investing.com -- Here are the top 5 things you need to know in financial markets on Thursday, April 18. 1. It’s Mueller Time Today sees the publication of a redacted version of Special Counsel Robert Mueller’s report into suspected collusion between the Trump campaign and Russia during the 2016 election campaign. Justice Department officials will deliver the report to Congress sometime between 11 AM ET (1500 GMT) and noon, according to The Wall Street Journal.
Read in Investing.com: https://apple.news/
Economy Apr 18, 2019 09:32 GMT Investing.com -- Here are the top 5 things you need to know in financial markets on Thursday, April 18. 1. It’s Mueller Time Today sees the publication of a redacted version of Special Counsel Robert Mueller’s report into suspected collusion between the Trump campaign and Russia during the 2016 election campaign. Justice Department officials will deliver the report to Congress sometime between 11 AM ET (1500 GMT) and noon, according to The Wall Street Journal.
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CRYPTO'S / DIGITAL CURRENCY
Sweden Changed Its Official Currency To Bitcoin (For 30 Minutes) - Bitcoinist.com
Hackers convinced Twitter to give them control of the account for Sweden’s ruling political party – then used it to change the country’s official currency to Bitcoin. Swedish Government: ‘Time To Buy’ Bitcoin Speaking in an interview with local news outlet Trijo, one of the five hackers involved in the stunt this week said he did it because he thought socialism “was wrong.” The debacle broke out April 15 when the Social Democrats’ official Twitter page began broadcasting suspicious messages.
Read in Bitcoinist.net: https://apple.news/Aj3Apve-
Hackers convinced Twitter to give them control of the account for Sweden’s ruling political party – then used it to change the country’s official currency to Bitcoin. Swedish Government: ‘Time To Buy’ Bitcoin Speaking in an interview with local news outlet Trijo, one of the five hackers involved in the stunt this week said he did it because he thought socialism “was wrong.” The debacle broke out April 15 when the Social Democrats’ official Twitter page began broadcasting suspicious messages.
Read in Bitcoinist.net: https://apple.news/Aj3Apve-
Bitcoin [BTC] and Litecoin [LTC] Price Analysis: Prices hold steady valuations as market moves towards a neutral trend
Bitcoin [BTC] and it's silver counterpart Litecoin [LTC] managed to hold off major price decline over the trend period as the coins witnessed a standstill. At press time, Bitcoin [BTC] raised its valuation by 3.30 percent in comparison to the US dollar and the trade volume garnered about $11.7 billion. Litecoin [LTC] exhibited a similar...
Read in AMBCrypto: https://apple.news/
Bitcoin [BTC] and it's silver counterpart Litecoin [LTC] managed to hold off major price decline over the trend period as the coins witnessed a standstill. At press time, Bitcoin [BTC] raised its valuation by 3.30 percent in comparison to the US dollar and the trade volume garnered about $11.7 billion. Litecoin [LTC] exhibited a similar...
Read in AMBCrypto: https://apple.news/
Bitcoin Eyes April Price Gains for Fourth Year Running
Bitcoin looks set to end April in the green for the fourth consecutive year, having climbed 27 percent already this month.
Read in CoinDesk: https://apple.news/
Bitcoin looks set to end April in the green for the fourth consecutive year, having climbed 27 percent already this month.
Read in CoinDesk: https://apple.news/
France Tells EU: Adopt Our Cryptocurrency Laws Across Europe - Bitcoinist.com
France wants the European Union (EU) to adopt its recently enacted cryptocurrency regulations for the entire region. French Finance Minister: Ours is the Right Way France’s Finance Minister Bruno Le Maire says the EU should consider adopting the country’s approach to regulating cryptocurrencies. Speaking at the ongoing Paris Blockchain Week Summit on Monday (April 15, 2019), Le Maire, opined: I will propose to my European partners that we set up a single regulatory framework on crypto-assets
Read in Bitcoinist.net: https://apple.news/
France wants the European Union (EU) to adopt its recently enacted cryptocurrency regulations for the entire region. French Finance Minister: Ours is the Right Way France’s Finance Minister Bruno Le Maire says the EU should consider adopting the country’s approach to regulating cryptocurrencies. Speaking at the ongoing Paris Blockchain Week Summit on Monday (April 15, 2019), Le Maire, opined: I will propose to my European partners that we set up a single regulatory framework on crypto-assets
Read in Bitcoinist.net: https://apple.news/
XRP and Stellar Lumens [XLM] Price Analysis: Valuation continues to fall as recovery signs remains minimal
XRP and Stellar Lumens [XLM] continued to drop in valuation as the prices continued to go under market corrections. XRP, the third largest cryptocurrency, experienced a brief price hike of 1.16 percent over the 24-hour period but the decline rate over the last seven day was around 8.02 percent. Stellar's XLM was priced at $0.115...
Read in AMBCrypto: https://apple.news/
XRP and Stellar Lumens [XLM] continued to drop in valuation as the prices continued to go under market corrections. XRP, the third largest cryptocurrency, experienced a brief price hike of 1.16 percent over the 24-hour period but the decline rate over the last seven day was around 8.02 percent. Stellar's XLM was priced at $0.115...
Read in AMBCrypto: https://apple.news/
CURRENCIES
U.S. dollar edges lower after stronger-than-expected China GDP data
The U.S. dollar is slightly lower versus major riva
Read in MarketWatch: https://apple.news/
US dollar rises amid upbeat economic data
US dollar increased as positive real estate data suggested a decent US economy. In late New York trading on Tuesday, the euro fell to $1.1287 from $1.1304 in the previous session, and the British pound decreased to $1.3052 from $1.3097 in the previous session.
Read in BTVI: https://apple.news/
The U.S. dollar is slightly lower versus major riva
Read in MarketWatch: https://apple.news/
US dollar rises amid upbeat economic data
US dollar increased as positive real estate data suggested a decent US economy. In late New York trading on Tuesday, the euro fell to $1.1287 from $1.1304 in the previous session, and the British pound decreased to $1.3052 from $1.3097 in the previous session.
Read in BTVI: https://apple.news/
Dollar gains slightly against sterling, euro
The U.S. dollar strengthens slightly against its major rivals on Tuesday — notably the British pound and the euro — with gains for a popular measure of the currency temporarily gaining loft after a U.S. economic report.
Read in MarketWatch: https://apple.news/
The U.S. dollar strengthens slightly against its major rivals on Tuesday — notably the British pound and the euro — with gains for a popular measure of the currency temporarily gaining loft after a U.S. economic report.
Read in MarketWatch: https://apple.news/
Pound euro exchange rate: GBP falls as UK inflation remains steady
THE pound has fallen back against the euro and the pairing is currently trading at around €1.153. Today’s release of the latest UK Consumer Price Index showed that inflation remained steady at 1.9 per cent in March, although this was weaker than the market expectations of a rise to 2 per cent. The inflation miss likely dampened sentiment in Sterling, and the UK currency has continued to fall against the single currency since the figures were published. Data revealed that clothing and footwear
Read in Express: https://apple.news/
THE pound has fallen back against the euro and the pairing is currently trading at around €1.153. Today’s release of the latest UK Consumer Price Index showed that inflation remained steady at 1.9 per cent in March, although this was weaker than the market expectations of a rise to 2 per cent. The inflation miss likely dampened sentiment in Sterling, and the UK currency has continued to fall against the single currency since the figures were published. Data revealed that clothing and footwear
Read in Express: https://apple.news/
Pound LIVE: GBP Sterling RISES against US dollar on better-than-expected China data
THE pound is up against the US dollar but dropping against the euro this morning ahead of the release of UK inflation data. Sterling has made gains against the American greenback off the back of better-than-forecast Chinese gross domestic product data which showed the economy grew above expectations to 6.4 percent year-on-year. The US dollar eased following the stronger figures, making room for the pound to inch ahead. As of 8.48am UK time, Sterling is worth $1.3058, according to data from
Read in Express: https://apple.news/
THE pound is up against the US dollar but dropping against the euro this morning ahead of the release of UK inflation data. Sterling has made gains against the American greenback off the back of better-than-forecast Chinese gross domestic product data which showed the economy grew above expectations to 6.4 percent year-on-year. The US dollar eased following the stronger figures, making room for the pound to inch ahead. As of 8.48am UK time, Sterling is worth $1.3058, according to data from
Read in Express: https://apple.news/
Zimbabwe: Inflation Sours As RTGs Dollar Remains Volatile
(Photo: Capital FM) Consumer prices have soured beginning of this week as inflationary pressures continue to mount amid increased RTGS Dollar volatility, 263ChatBusiness has established. This is despite assurances from the Central Bank that the RTGS Dollar should at least have reached a point of "equilibrium" and stabilize by end of first quarter 2019. Latest figures from the consumer watchdog, Consumer Council of Zimbabwe (CCZ) show that the cost of living for a family of six rose to RTGS $790
Read in AllAfrica: https://apple.news/
(Photo: Capital FM) Consumer prices have soured beginning of this week as inflationary pressures continue to mount amid increased RTGS Dollar volatility, 263ChatBusiness has established. This is despite assurances from the Central Bank that the RTGS Dollar should at least have reached a point of "equilibrium" and stabilize by end of first quarter 2019. Latest figures from the consumer watchdog, Consumer Council of Zimbabwe (CCZ) show that the cost of living for a family of six rose to RTGS $790
Read in AllAfrica: https://apple.news/
Turkey dollar bonds rally on global backdrop, hopes for U.S. breakthrough
Turkey's dollar-denominatedsovereign bonds rallied on Wednesday, boosted by hopes of abetter global backdrop and a breakthrough between Turkey and theUnited States over Ankara's planned purchase of Russian militaryequipment.
Read in Reuters: https://apple.news/
Turkey's dollar-denominatedsovereign bonds rallied on Wednesday, boosted by hopes of abetter global backdrop and a breakthrough between Turkey and theUnited States over Ankara's planned purchase of Russian militaryequipment.
Read in Reuters: https://apple.news/
China Q1 GDP grew 6.4%. Production, sales, investment rebound. But no one cares except AUD | Action Forex
Another batch of data from China released today surprised on the upside. GDP growth came in at 6.4% yoy in Q1, unchanged from prior quarter and beat expectation of 6.3% yoy. In March, industrial production rose strongly by 8.5% ytd yoy, accelerated from 5.3% and beat expectation of 5.6%. Retail sales rose 8.7% ytd yoy, […] The post China Q1 GDP grew 6.4%. Production, sales, investment rebound. But no one cares except AUD appeared first on Action Forex.
Read in Action Forex: https://apple.news/
Another batch of data from China released today surprised on the upside. GDP growth came in at 6.4% yoy in Q1, unchanged from prior quarter and beat expectation of 6.3% yoy. In March, industrial production rose strongly by 8.5% ytd yoy, accelerated from 5.3% and beat expectation of 5.6%. Retail sales rose 8.7% ytd yoy, […] The post China Q1 GDP grew 6.4%. Production, sales, investment rebound. But no one cares except AUD appeared first on Action Forex.
Read in Action Forex: https://apple.news/
HEALTH / SCIENCE
Health insurance premiums vs. deductibles
Two of the most important terms in health insurance are premiums and deductibles. Here's what they mean and how you should think about them as part of your health-care costs.
Read in CNBC: https://apple.news/
Two of the most important terms in health insurance are premiums and deductibles. Here's what they mean and how you should think about them as part of your health-care costs.
Read in CNBC: https://apple.news/
Sleep myths, such as feeling fine on five hours’ sleep, can pose ‘risk to health’
The prevalence of sleep myths could pose a serious risk to one's health, scientists have warned.
Read in The Independent: https://apple.news/ASxIsy4_
The prevalence of sleep myths could pose a serious risk to one's health, scientists have warned.
Read in The Independent: https://apple.news/ASxIsy4_
Does CBD actually work?
Perhaps you’ve heard a lot of people are using CBD. The chemical compound, naturally occurring in cannabis plants, doesn’t get you high, but does have a wide swath of other purported effects making it very popular. Although clinical studies haven’t necessarily proven those results, many Americans are testing CBD (which stands for “cannabidiol”) for themselves....
Read in Quartz: https://apple.news/
Perhaps you’ve heard a lot of people are using CBD. The chemical compound, naturally occurring in cannabis plants, doesn’t get you high, but does have a wide swath of other purported effects making it very popular. Although clinical studies haven’t necessarily proven those results, many Americans are testing CBD (which stands for “cannabidiol”) for themselves....
Read in Quartz: https://apple.news/
The Truth About Dentistry
It’s much less scientific—and more prone to gratuitous procedures—than you may think.
Read in The Atlantic: https://apple.news/
It’s much less scientific—and more prone to gratuitous procedures—than you may think.
Read in The Atlantic: https://apple.news/
If You're on a Low-Carb Diet to Lose Weight, This Breakfast Food Is One of the "Good" Carbs
Diet culture gives carbs a bad rap. It's true that going low-carb is effective for losing weight, but carbs are ultimately the fuel our bodies need to recover from workouts and keep our energy up throughout the day. Complex carbs like sweet potato, quinoa, lentils, and whole grains are considered "g ...
Read in POPSUGAR: https://apple.news/
Diet culture gives carbs a bad rap. It's true that going low-carb is effective for losing weight, but carbs are ultimately the fuel our bodies need to recover from workouts and keep our energy up throughout the day. Complex carbs like sweet potato, quinoa, lentils, and whole grains are considered "g ...
Read in POPSUGAR: https://apple.news/
The secret to changing your lactose tolerance may be in your gut
Lactose tolerance in adults arises from a single nucleotide changing out of the millions in our DNA. If you don't have that mutation, research shows manipulating our gut bacteria might help.
Read in CNN: https://apple.news/
Lactose tolerance in adults arises from a single nucleotide changing out of the millions in our DNA. If you don't have that mutation, research shows manipulating our gut bacteria might help.
Read in CNN: https://apple.news/
New drug 100 times more potent than fentanyl
Officials in San Diego County have issued an alert after three people have suffered documented fatal overdoses from a new form of the drug fentanyl know as carfentanil. It would only take 2 mg of the drug to cause a deadly overdose meanwhile it would only take .02 mg of carfentanil to have the same fatal results, KOVR-TV reported.
Read in CBS News: https://apple.news/
Officials in San Diego County have issued an alert after three people have suffered documented fatal overdoses from a new form of the drug fentanyl know as carfentanil. It would only take 2 mg of the drug to cause a deadly overdose meanwhile it would only take .02 mg of carfentanil to have the same fatal results, KOVR-TV reported.
Read in CBS News: https://apple.news/
First U.S. patients treated with CRISPR as human gene-editing trials get underway
This could be a crucial year for the powerful gene-editing technique CRISPR as researchers start testing it in patients to treat diseases such as cancer, blindness and sickle cell disease.
Read in NPR: https://apple.news/
This could be a crucial year for the powerful gene-editing technique CRISPR as researchers start testing it in patients to treat diseases such as cancer, blindness and sickle cell disease.
Read in NPR: https://apple.news/
Israeli flight attendant in coma after getting measles
An Israeli flight attendant has slipped into a coma after contracting measles, according to health officials.
Read in CNN: https://apple.news/
An Israeli flight attendant has slipped into a coma after contracting measles, according to health officials.
Read in CNN: https://apple.news/
USA / CANADA
US economy remains strong, strategist says
Patrick Spencer, vice chair of equities at Baird, discusses the U.S. economy.
Read in CNBC: https://apple.news/
Patrick Spencer, vice chair of equities at Baird, discusses the U.S. economy.
Read in CNBC: https://apple.news/
NY county issues new order in measles outbreak
The rapid spread of measles is prompting newer and stronger measures from health officials across the country. The CDC says the number of cases has grown to 555 in 20 states. Rockland County, New York, is among the hardest-hit areas, with 186 cases since October. Mola Lenghi reports.
Read in CBS News: https://apple.news/
The rapid spread of measles is prompting newer and stronger measures from health officials across the country. The CDC says the number of cases has grown to 555 in 20 states. Rockland County, New York, is among the hardest-hit areas, with 186 cases since October. Mola Lenghi reports.
Read in CBS News: https://apple.news/
CANADA STOCKS-Futures up on higher oil; inflation, trade data in focus
Futures for Canada's main stock indexwere higher on Wednesday, boosted by gains in oil prices, aheadof inflation and trade balance data.
Read in Reuters: https://apple.news/
Futures for Canada's main stock indexwere higher on Wednesday, boosted by gains in oil prices, aheadof inflation and trade balance data.
Read in Reuters: https://apple.news/
EMERGING MARKETS
Indian refiners turn to OPEC, Mexico, U.S. to make up Iran oil gap
Indian refiners are increasing their planned purchases from OPEC nations, Mexico and the United States to make up for any loss of Iranian oil if the U.S. enforces sanctions more harshly from next month, sources and company officials said.
Read in Reuters: https://apple.news/A4AvjiOG_
Indian refiners are increasing their planned purchases from OPEC nations, Mexico and the United States to make up for any loss of Iranian oil if the U.S. enforces sanctions more harshly from next month, sources and company officials said.
Read in Reuters: https://apple.news/A4AvjiOG_
EU warns U.S. against exposing EU firms in Cuba
The European Union onWednesday reiterated its opposition to European firms andcitizens being caught out by U.S. sanctions on Cuba, calling onWashington to adhere to a 1998 agreement to grant a consistentwaiver for EU companies and citizens.
Read in Reuters: https://apple.news/
The European Union onWednesday reiterated its opposition to European firms andcitizens being caught out by U.S. sanctions on Cuba, calling onWashington to adhere to a 1998 agreement to grant a consistentwaiver for EU companies and citizens.
Read in Reuters: https://apple.news/
The Latest: EU 'ready to protect' European interests in Cuba
The European Union is warning that it stands ready to protect the interests of European firms or people doing business in Cuba who might be hit by any U.S. lawsuits filed against foreign companies there
Read in ABC News: https://apple.news/
The European Union is warning that it stands ready to protect the interests of European firms or people doing business in Cuba who might be hit by any U.S. lawsuits filed against foreign companies there
Read in ABC News: https://apple.news/
Emerging-market forex revenues eclipse 'G10' for first time
Investment banks are now earning more from trading emerging-market currencies than from the major G10 markets, as wild swings in the likes of the Turkish lira contrast with relative calm in the dollar, euro and yen.
Read in Reuters: https://apple.news/
Investment banks are now earning more from trading emerging-market currencies than from the major G10 markets, as wild swings in the likes of the Turkish lira contrast with relative calm in the dollar, euro and yen.
Read in Reuters: https://apple.news/
Detrimental or beneficial: The status of foreign troops in Iraq
Read in The New Arab: https://apple.news/
Egypt, Greece propose forming working group, bilateral trade hits EUR 1.8bn in 2018
Cairo – Mubasher: Egypt and Greece agreed to form a joint working group to step up economic cooperation over the coming period, the Egyptian Ministry of Trade and Industry (MTI) said in a statement on Wednesday . The Egyptian ministry and Greece’s …
Read in Mubasher: https://apple.news/
Cairo – Mubasher: Egypt and Greece agreed to form a joint working group to step up economic cooperation over the coming period, the Egyptian Ministry of Trade and Industry (MTI) said in a statement on Wednesday . The Egyptian ministry and Greece’s …
Read in Mubasher: https://apple.news/
Iran closes oil wells in flood-hit Khuzestan province, output drops
Iran has shut around a dozen oil wells in its oil-rich southwestern Khuzestan province because of massive floods, the semi-official Mehr news agency reported on Wednesday, leading to a drop of up to 20,000 barrels per day in crude production.
Read in Reuters: https://apple.news/
Iran has shut around a dozen oil wells in its oil-rich southwestern Khuzestan province because of massive floods, the semi-official Mehr news agency reported on Wednesday, leading to a drop of up to 20,000 barrels per day in crude production.
Read in Reuters: https://apple.news/
Turkey's economy is spiraling — and a new election will make things worse
More capital flight lies ahead for Turkey as President Erdogan's party calls for new city elections, analysts predict
Read in CNBC: https://apple.news/ATKi_
Turkey looking at new trade mechanisms with Iran to avoid U.S. sanctions
Foreign Minister Mevlut Cavusoglu said on Wednesday Turkey is looking into establishing new trade mechanisms with Iran, like the INSTEX system set up by European countries to avoid U.S. sanctions reimposed last year on exports of Iranian oil.
Read in Reuters: https://apple.news/
Foreign Minister Mevlut Cavusoglu said on Wednesday Turkey is looking into establishing new trade mechanisms with Iran, like the INSTEX system set up by European countries to avoid U.S. sanctions reimposed last year on exports of Iranian oil.
Read in Reuters: https://apple.news/
AFRICA
Nigeria: Govt Begins Real-Time Monitoring of Gas Flaring, Oil Spill
The Federal Government, yesterday, disclosed that it has started the real-time tracking and monitoring of gas flaring and oil spillage across the country. Speaking during the launch and handover of the environmental monitoring tools, the 'Oil Spill Monitor and Gas Flare Tracker', Director General of the Nigerian Oil Spill Detection and Response Agency, Mr. Idris Musa, stated that with these tools, accurate data can be obtained on the actual volume of gas flared by oil companies, crude oil
Read in AllAfrica: https://apple.news/
The Federal Government, yesterday, disclosed that it has started the real-time tracking and monitoring of gas flaring and oil spillage across the country. Speaking during the launch and handover of the environmental monitoring tools, the 'Oil Spill Monitor and Gas Flare Tracker', Director General of the Nigerian Oil Spill Detection and Response Agency, Mr. Idris Musa, stated that with these tools, accurate data can be obtained on the actual volume of gas flared by oil companies, crude oil
Read in AllAfrica: https://apple.news/
Nigeria: 'How Firm Supplied 6.7 Million Litres of Petrol and Was Paid for 19 Million'
Abuja Prosecution witness, Chidi Nweke, has told a Federal Capital Territory (FCT) High Court in Apo, Abuja, how two directors of Origin Oil and Gas Limited, Adegbite Adetoye and Ponle Abiodun, defrauded the federal government of over N735 million in subsidy scam. At the resumed hearing of the case yesterday before Justice Silvanus Oriji, an operative of the Economic and Financial Crimes Commission (EFCC), led in evidence by the prosecution counsel, Steve Odiase, said the accused lied over the
Read in AllAfrica: https://apple.news/
Abuja Prosecution witness, Chidi Nweke, has told a Federal Capital Territory (FCT) High Court in Apo, Abuja, how two directors of Origin Oil and Gas Limited, Adegbite Adetoye and Ponle Abiodun, defrauded the federal government of over N735 million in subsidy scam. At the resumed hearing of the case yesterday before Justice Silvanus Oriji, an operative of the Economic and Financial Crimes Commission (EFCC), led in evidence by the prosecution counsel, Steve Odiase, said the accused lied over the
Read in AllAfrica: https://apple.news/
Africa: US Still Sees Africa As Important. But It Must Learn From Past Mistakes
In December last year the US National Security Advisor, John Bolton, gave a speech at the Heritage Foundation in Washington DC, in which he outlined the Trump administration's new Africa strategy. According to Bolton, the US now faces "great power competitors" - namely Russia and China. In his view [they both] are rapidly expanding their financial and political influence across Africa... to gain a competitive advantage over the United States. Bolton's portrayal of great power competition sounded
Read in AllAfrica: https://apple.news/
In December last year the US National Security Advisor, John Bolton, gave a speech at the Heritage Foundation in Washington DC, in which he outlined the Trump administration's new Africa strategy. According to Bolton, the US now faces "great power competitors" - namely Russia and China. In his view [they both] are rapidly expanding their financial and political influence across Africa... to gain a competitive advantage over the United States. Bolton's portrayal of great power competition sounded
Read in AllAfrica: https://apple.news/
Zimbabwe: MDC, ZCTU in Ugly Row Over Congress
There is growing confusion over who is running the opposition MDC's elective congress, after the Zimbabwe Congress of Trade Unions (ZCTU)'s secretary general, Japhet Moyo dismissed claims he was chairing the party's independent electoral commission. Disgruntled MDC secretary general, Douglas Mwonzora who was expected to challenge current leader Nelson Chamisa for the position of president, pulled out citing "irregularities" in the manner the nomination process was being handled by the ZCTU. But
Read in AllAfrica: https://apple.news/AinmQE3-
There is growing confusion over who is running the opposition MDC's elective congress, after the Zimbabwe Congress of Trade Unions (ZCTU)'s secretary general, Japhet Moyo dismissed claims he was chairing the party's independent electoral commission. Disgruntled MDC secretary general, Douglas Mwonzora who was expected to challenge current leader Nelson Chamisa for the position of president, pulled out citing "irregularities" in the manner the nomination process was being handled by the ZCTU. But
Read in AllAfrica: https://apple.news/AinmQE3-
The week ahead: Sudan, Kenya, Zimbabwe and Algeria
#CONFIDENTIALLYSPEAKING • The Africa Confidential Blog • 16 April 2019
Read in Africa Confidential: https://apple.news/AD-Y-
#CONFIDENTIALLYSPEAKING • The Africa Confidential Blog • 16 April 2019
Read in Africa Confidential: https://apple.news/AD-Y-
ASIA
China's strong data sparks major stock rally with economic stimulus 'bearing fruit'
Asian stocks closed higher on Wednesday after a raft of positive Chinese data signaled a recovery in the world's second-largest economy. China's economy grew 6.4% in the first quarter, higher than forecasted. Growth in industrial output, retail sales and fixed-asset investment also impressed. In Europe, passenger car sales declined for a seventh straight month in March, led by Italy and Spain. Asian stocks closed higher on Wednesday after a raft of positive Chinese data pointed to a recovery in
Read in Business Insider: https://apple.news/
Asian stocks closed higher on Wednesday after a raft of positive Chinese data signaled a recovery in the world's second-largest economy. China's economy grew 6.4% in the first quarter, higher than forecasted. Growth in industrial output, retail sales and fixed-asset investment also impressed. In Europe, passenger car sales declined for a seventh straight month in March, led by Italy and Spain. Asian stocks closed higher on Wednesday after a raft of positive Chinese data pointed to a recovery in
Read in Business Insider: https://apple.news/
China's economy had a steady start to 2019
China's economy could be showing renewed signs of life in 2019.
Read in CNN Business: https://apple.news/
China's economy could be showing renewed signs of life in 2019.
Read in CNN Business: https://apple.news/
China's stock markets are up more than 30 percent so far this year
China's stock markets have been on a tear so far this year, amid optimism about a possible trade deal with the U.S. and hopes that the economy may be bottoming out.
Read in CNBC: https://apple.news/
China's stock markets have been on a tear so far this year, amid optimism about a possible trade deal with the U.S. and hopes that the economy may be bottoming out.
Read in CNBC: https://apple.news/
China economy off to strong start in 2019 as stimulus steps offset trade war impact
China’s economy is off to a robust start this year, defying fears of a sharp slowdown, with Beijing’s pro-growth efforts successfully offsetting the effects of the trade war with the United States. China’s gross domestic product (GDP) expanded 6.4 per…
Read in South China Morning Post: https://apple.news/
China’s economy is off to a robust start this year, defying fears of a sharp slowdown, with Beijing’s pro-growth efforts successfully offsetting the effects of the trade war with the United States. China’s gross domestic product (GDP) expanded 6.4 per…
Read in South China Morning Post: https://apple.news/
EUROPE
The Leave.EU scandal proves the Brexit vote was rotten – only a second referendum can give us a fair result
All’s fair in love, war and democratic elections I suppose. I’ve lived through enough of them to take manifestos and “read my lips” type pledges with a shovel full of salt. I’ve even participated in a few dodgy ones myself – student contests and by-elections stand out in the memory for low level dirty trickery. I’m not proud of that.
Read in The Independent: https://apple.news/
All’s fair in love, war and democratic elections I suppose. I’ve lived through enough of them to take manifestos and “read my lips” type pledges with a shovel full of salt. I’ve even participated in a few dodgy ones myself – student contests and by-elections stand out in the memory for low level dirty trickery. I’m not proud of that.
Read in The Independent: https://apple.news/
EU needs central supervisor to tackle money laundering 'rats': Latvia's PM
Latvian Prime Minister Krisjanis Karins pledged on Wednesday to rid the country's banking system of money-laundering "rats" in a year, as the Baltic state faces international pressure over its ability to counter financial crime.
Read in Reuters: https://apple.news/
(Adds details)
Read in Reuters: https://apple.news/
Latvian Prime Minister Krisjanis Karins pledged on Wednesday to rid the country's banking system of money-laundering "rats" in a year, as the Baltic state faces international pressure over its ability to counter financial crime.
Read in Reuters: https://apple.news/
EU proposes tariffs on £15bn of US products in Boeing row
The EU makes it latest move in a long-running dispute with the US over aircraft subsidies.
Read in BBC News: https://apple.news/
UPDATE 1-Italy says economy showed encouraging signs in early 2019The EU makes it latest move in a long-running dispute with the US over aircraft subsidies.
Read in BBC News: https://apple.news/
(Adds details)
Read in Reuters: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
ISX Update:
The CBI Closed on Friday
Kauaihn Chatter:dd
http://www.dinarguru.com/
4-19-2019 Intel Guru MarkZ [...is the "HCL" the HOLD UP? Iraqi PM is in Saudia Arabia. Is that an "OIL" deal about to happen and push the "HCL" INTO PLACE?] I believe it is… I was told from contacts in Iraq that this move to raise the price of oil was necessary so they could afford to RV.
4-18-2019 Intel Guru Frank26 SO NOW THE ASSOCIATION OF IRAQI PRIVATE BANKS ALSO COMES OUT AND SAYS TODAY THAT THEY HAVE (PAST TENSE) SET RECORD NUMBERS OF DEPOSITORS WITHIN ALL THE PRIVATE BANKS OF THE CBI. ...A "WINDOW"...A MECHANISM...IS ABOUT TO BE OPENED AT THESE PRIVATE BANKS SO THAT THE CITIZENS CAN GET THE CONTINUING EDUCATION OF THE LD'S THAT ARE BEING REPLACED DUE TO THEIR WEAR AND TEAR AND WHICH WILL COEXIST WITH THE NEW SMALL CATEGORY NOTES. ...THEY GIVE YOU THE REASONS FOR THE RI WITH VALUE FOR THE IQD. [post 2 of 2]
4-18-2019 Intel Guru Frank26 Articles: "A record rise in deposits in Iraq" "Central Bank Basra branch introduces a window to provide small cash categories" IT WAS OVER A YEAR AGO THAT WS [Guru Walkingstick] AND I EXPRESSED THAT A SECOND AND FINAL ARTICLE WOULD BE COMING TO THE CITIZENS OF IRAQ EXPLAINING IN DETAIL STEP BY STEP WHAT THEY NEEDED TO KNOW AND UNDERSTAND ABOUT THE NEW SMALL CATEGORY NOTES THAT THE CBI WAS ABOUT TO INTRODUCE ALONG WITH FOUR COINS. ...GUESS WHAT...I TOLD YOU SO! [post 1 of 2....stay tuned]
4-18-2019 Newshound Guru MilitiaMan Article: "Central Bank Basra branch introduces a window to provide small cash categories" Quote: "The Central Bank of Iraq (CBE) launched a branch of the Basra branch on Thursday to develop a window from the issue division to provide small groups of 250, 500 and 1,000 dinars." Smalls are available! holy smokes... 250, 500, 1,000s are lower denominations not small categories... It appears to me they are saying they have all groups, and in my opinion that means small categories as well. The article told us about new products. Well all groups will be about new products. As in small category ones. Mahdi and the CBI told us they are going raise the exchange rate.. Well they will need the new products to do so. This tells us they have all groups! imo...
4-18-2019 Intel Guru Frank26 Articles: "A record rise in deposits in Iraq" "Central Bank Basra branch introduces a window to provide small cash categories" IT WAS OVER A YEAR AGO THAT WS [Guru Walkingstick] AND I EXPRESSED THAT A SECOND AND FINAL ARTICLE WOULD BE COMING TO THE CITIZENS OF IRAQ EXPLAINING IN DETAIL STEP BY STEP WHAT THEY NEEDED TO KNOW AND UNDERSTAND ABOUT THE NEW SMALL CATEGORY NOTES THAT THE CBI WAS ABOUT TO INTRODUCE ALONG WITH FOUR COINS. ...GUESS WHAT...I TOLD YOU SO! [post 1 of 2....stay tuned]
4-18-2019 Newshound Guru MilitiaMan Article: "Central Bank Basra branch introduces a window to provide small cash categories" Quote: "The Central Bank of Iraq (CBE) launched a branch of the Basra branch on Thursday to develop a window from the issue division to provide small groups of 250, 500 and 1,000 dinars." Smalls are available! holy smokes... 250, 500, 1,000s are lower denominations not small categories... It appears to me they are saying they have all groups, and in my opinion that means small categories as well. The article told us about new products. Well all groups will be about new products. As in small category ones. Mahdi and the CBI told us they are going raise the exchange rate.. Well they will need the new products to do so. This tells us they have all groups! imo...
4-18-2019 Intel Guru MarkZ Not a whole lot of movement last night...we were in a holding pattern...There are a number of whales that have exchange apts set up for tomorrow afternoon... From my contact at the Treasury...they believe out the door by Sunday...the CBI contractor contact had to reconfigure rates for employees earlier this week...we are really keeping an eye on that and open communication. ...I am not hearing there is any holdup…I am hearing that everything is planned and they want the reset done prior to the release of funds Easter Sunday.
4-18-2019 Newshound/Intel Guru Mnt Goat Article: "MINISTRY OF INDUSTRY AND MINERALS CALLS ON GOVT TO STOP SELLING THE DOLLAR AT THE CENTRAL BANK AUCTION" This is the first time recently that anyone from Iraq has come out and spoken to STOP the currency auctions. ...just like we have been saying all along this is prohibiting the take off of industry and the economy. It is also lessening the reserve amount. In another article today we see the CBI reserves are only $62 billion. This is not far from the amount told to us last Oct 2018. We can do the math ourselves and see that the reserves should be at least $70-80 by now. I am saying this going back to Dr Shabibi times at the rate the reserves used to grow from oil revenues. Strong CBI reserves means a strong dinar.
4-18-2019 Newshound Guru Adam Montana Iran and Iraq are friendlier than I like, but that's an emotional opinion rather than a business one. Iran is in a geographical position to be beneficial to Iraq, and Iraq does have a large percentage of it's population that is sympathetic to Iran, so some buddying up is to be expected and will not prevent or delay a restructuring or revaluing of their currency. Iran is handicapped by sanctions at the moment, so they are of less help than they would be otherwise. Saudi Arabia, on the other hand, is not crippled at all. They are powerful, in good graces on many accounts, and are getting friendlier with Iraq than they have in the past. Since Iran is not the most capable ally to Iraq, does it surprise anyone that PM Abadi is in Saudi Arabia today...discussing trade, policy, and OIL?Abadi is currently on day 1 of a 2 day visit. I am crossing my fingers for some solid progress as a result of the things I've just mentioned. I think we're going to see HCL news quicker than they are letting on. [post 2 of 2]
4-18-2019 Newshound/Intel Guru Mnt Goat Article: "MINISTRY OF INDUSTRY AND MINERALS CALLS ON GOVT TO STOP SELLING THE DOLLAR AT THE CENTRAL BANK AUCTION" This is the first time recently that anyone from Iraq has come out and spoken to STOP the currency auctions. ...just like we have been saying all along this is prohibiting the take off of industry and the economy. It is also lessening the reserve amount. In another article today we see the CBI reserves are only $62 billion. This is not far from the amount told to us last Oct 2018. We can do the math ourselves and see that the reserves should be at least $70-80 by now. I am saying this going back to Dr Shabibi times at the rate the reserves used to grow from oil revenues. Strong CBI reserves means a strong dinar.
4-18-2019 Newshound Guru Adam Montana Iran and Iraq are friendlier than I like, but that's an emotional opinion rather than a business one. Iran is in a geographical position to be beneficial to Iraq, and Iraq does have a large percentage of it's population that is sympathetic to Iran, so some buddying up is to be expected and will not prevent or delay a restructuring or revaluing of their currency. Iran is handicapped by sanctions at the moment, so they are of less help than they would be otherwise. Saudi Arabia, on the other hand, is not crippled at all. They are powerful, in good graces on many accounts, and are getting friendlier with Iraq than they have in the past. Since Iran is not the most capable ally to Iraq, does it surprise anyone that PM Abadi is in Saudi Arabia today...discussing trade, policy, and OIL?Abadi is currently on day 1 of a 2 day visit. I am crossing my fingers for some solid progress as a result of the things I've just mentioned. I think we're going to see HCL news quicker than they are letting on. [post 2 of 2]
4-17-2019 Newshound Guru Adam Montana There was a bit of suspense regarding Iraqi Parliamentary activity today. The Financial Management aspect was pushed off, but I don't see that as a major factor. The other 5 matters were attended to, from what we can tell...5 out of 6 is a huge improvement over what we used to see out of Parliament! This is just another testament to the progress Iraq has made and continues to make. Oil...I know I don't have to harp on this, but oil is a big deal and Iraq is focused heavily. In fact, OIL wasn't even officially on the agenda for today's Parliament votes, yet it was still a heavy matter of discussion. I'm reading into that part. It wasn't even on the official agenda, but it was a major point of discussion. The goal, as stated by all reports, is to get affairs in order quickly. That makes sense to me, and I'm keeping a keen eye on things. To add to that thought, let's consider the current global situations of two other countries that are relevant to Iraq's progression: Iran and Saudi Arabia... [post 1of 2....stay tuned]
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1-A (from PM Mahdi's website; posted only on the Arabic side, not on the English side)
Saudi Arabia agrees to increase the number of Iraqi pilgrims to 50,000 pilgrims and need
Saudi Arabia has agreed to increase the number of Iraqi pilgrims to 50,000 pilgrims and need, The Prime Minister, Mr. Adel Abdul Mahdi said that the Iraqis did not take their share of the pilgrimage to the House of God during the past decades because of the wars and difficult circumstances experienced by Iraq.
The Prime Minister and the accompanying delegation concluded a successful visit to the Kingdom of Saudi Arabia, which resulted in the signing of thirteen agreements and memorandums of understanding between the two brotherly countries in various fields.
Media Office of the Prime Minister
19 April-2019
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ARTICLE 1-B (from PM Mahdi's website; posted only on the Arabic side, not on the English side)
Prime Minister Adel Abdul Mahdi is honored to perform prayer and supplication in the cave of the Kaaba
The Prime Minister, Mr. Adel Abdul Mahdi and his accompanying delegation, will perform prayers and prayers in the Ka'bah of the Kaaba for Iraqis in good, security and stability, after completing it and the Iraqi delegation accompanying the sovereignty of the Umrah in the Kaaba.
Media Office of the Prime Minister
19 April-2019
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ARTICLE 1-C (from PM Mahdi's website; posted only on the Arabic side, not on the English side)
Prime Minister Mr. Adel Abdul Mahdi receives in Jeddah the Secretary General of the Organization of Islamic Cooperation Mr. Yousef Al-Othaimeen
Prime Minister Adel Abdul Mahdi received in Jeddah today the Secretary General of the Organization of Islamic Cooperation, Mr. Yousef Al-Othaimeen.
He stressed that Iraq today is not like yesterday, and Baghdad receives delegations of sister and friend continuously and holds conferences and forums, and life is normal and safe, and most importantly for us is to work on building Iraq and its reconstruction and the best relations with neighboring countries and Arab and Islamic countries, and we are serious to implement the conventions that We have successfully met with the Custodian of the Two Holy Mosques, Crown Prince and officials in the Kingdom, and we continue to work to strengthen relations and take Iraq's role in light of the availability of political will and the common desire to build the best relations. He also called for continued cooperation in fighting extremism and terrorist ideology and its threat to the security of our countries and peoples.
For his part, congratulated the Secretary-General of the Organization to form a government and the success of its orientation and policy in the openness to the Arab and Islamic environment, and the stability of Iraq after the victory over the dashing that abused Islam and Muslims, pointing out that Iraq is a state institution and rely a lot on its role and Maimlkh history and depth of civilization and happy stability and prosperity, We will spare no effort in his support to take his deserved place.
Media Office of the Prime Minister
18 April 2019
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ARTICLE 1-D (from PM Mahdi's website; posted only on the Arabic side, not on the English side)
Prime Minister, Mr. Adel Abdul Mahdi, presides over the Iraqi-Saudi Business Forum in Riyadh
Prime Minister Adel Abdul-Mahdi chaired the Iraqi-Saudi Business Forum, which began its work at the King Abdullah Center for Petroleum Studies and Research in Riyadh Today ,
The meeting was attended by Iraqi Oil Minister Thamer Al Ghadhban, Saudi Minister of Trade and Investment Dr. Majid Al Qasabi, members of the accompanying delegation to the Prime Minister and major Saudi companies who have offered their cooperation with Iraq in various economic projects, industries, electricity, desalination, minerals, energy and training.
The meeting dealt with cooperation in the areas of energy and petrochemicals, electricity production and distribution, repair of networks, oil and gas industries, water desalination, mining, rehabilitation and training,
Saudi Aramco, SABK, Ma'aden and Okawabur have made detailed presentations on areas of cooperation with the Iraqi private and public sectors.
The Prime Minister met with a large number of Iraqi and Saudi businessmen participating in the forum.
The King Abdullah Center for Petroleum Studies and Research is one of the leading architectural buildings designed by the late Iraqi architect Zaha Hadid.
Media Office of the Prime Minister
18 April 2019
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ARTICLE 2
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 4-18-2019 around 10 am Eastern
The @IraqiGovt hosts for the first time the @coalition Stabilisation Working Group meeting in Baghdad to review progress in completing critical projects in liberated areas to ensure the lasting defeat of Daesh, and to support local communities and help them recover.
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ARTICLE 3
An Iranian parliamentarian talks about Iraqi mediation between Riyadh and Tehran led by Abdul Mahdi
TEHRAN (Reuters) - April 18 - Iraqi Prime Minister Adel Abdul-Mahdi is leading mediation to bridge the gap between Saudi Arabia and Iran, an Iranian parliamentarian said on Thursday.
The head of the National Security and Foreign Policy Committee in the Iranian parliament, MP Hishmatullah Falah Basha, said that "there are efforts by the Iraqi government to end the differences and bring the views between Saudi Arabia and Iran."
He pointed out to the "Tasnim" news agency that "some countries in the Islamic world in the region are aware that any differences and crisis occur in the region will affect them, especially the Iraqi government," adding that "ending the differences and tensions between Iran and Arab countries for Iraq today is a strategic issue," which Push for intervention by Iraqi mediation, which is aware of the importance of security for Iraqi leaders.
"According to the information we received, the Iraqi leaders confirm that they are trying to play the role of mediator, so they are visiting Iran and Saudi Arabia to prevent the escalation of tension between the two countries, which affects the stability of the region."
The Iranian parliament demanded that the Foreign Ministry take over the task of "dismantling" the differences between Tehran and the Arab countries, particularly Saudi Arabia, saying: "ending the differences with Saudi Arabia the best opportunity, and the Iranian Foreign Ministry should have an active role in this area."
On Wednesday, Iraqi Prime Minister Adel Abdul Mahdi arrived in the Saudi capital of Riyadh on an official visit, accompanied by senior ministers and officials in his government.
On April 7, Abdul Mahdi visited Tehran for two days, during which he met with Supreme Leader Ali Khamenei, President Hassan Rowhani and a number of Iranian officials.
Earlier, an Iraqi source close to Abdul Mahdi, said that the latter will mediate between Iran and Saudi Arabia to bring the views of the two countries closer.
Saudi Arabia cut off diplomatic ties with Iran on the backdrop of Iranian protesters burning the kingdom's embassy in Tehran and its consulate in the scene in early January 2016, against the backdrop of Riyadh's execution of the Shiite cleric Nimr Baqir al-Nimr after he was convicted of terrorism.
Iraq has strong relations with Iran and Saudi Arabia at the current stage, where he visited Baghdad at the end of March, a delegation of Saudi economist headed by the Minister of Trade and Investment Majid al-Kasabi, consisting of 100 Saudi personalities.
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ARTICLE 4
In a building designed by Zaha Hadid .. Abdul-Mahdi heads the Iraqi-Saudi Business Forum
2019/4/18 17:03
[Baghdad - follow-up]
Prime Minister Adel Abdul-Mahdi on Thursday called on the Iraqi-Saudi Business Forum, which began its work at the King Abdullah Center for Petroleum Studies and Research in Riyadh, Saudi Arabia.
A statement issued by the Prime Minister's Information Office was received by Mr. Abdul-Mahdi on the work of the recipient, which was attended by the heads of the Iraqi Iraqi Coordination Council, Minister of Oil Thamer Al-Ghadhban, Saudi Minister of Trade and Investment Dr. Majid Al-Qasabi, members of the accompanying delegation to the Prime Minister, Iraq in various economic projects, industries, electricity, water desalination, minerals, energy and training. "
"Saudi Aramco, SABK, MEEDAN and WAKAWABUR have made detailed presentations on the areas of their cooperation with the Iraqi private and public sectors," the statement said, referring to cooperation in the fields of energy and petrochemicals, electricity production and distribution, network repair, oil and gas industries, water desalination, mining, rehabilitation and training.
"The prime minister met with a large group of Iraqi and Saudi businessmen who are participating in the forum," the statement said.
The King Abdullah Center for Petroleum Studies and Research is one of the leading architectural buildings designed by the late Iraqi architect Zaha Hadid.
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ARTICLE 5
In a unique cosmic purity: the "pink moon" overlooking the earth on "Good Friday"
2019/4/18 17:21
[Follow-up]
The world's population is witnessing an exciting astronomical event of the completed moon in conjunction with Good Friday, or, as is known as "Friday of Pain".
The moon will be completed on April 19, the fourth moon since the beginning of 2019, preceded by the Moon of the Wolf, the Bloody Moon and the last giant moon of the year, the so-called "warm warm moon".
Although his name may suggest that the color of the moon will change to pink, you may feel very disappointed to hear that this will not happen, as the moon actually derives its name from its coinciding with the pink flowers blooming at the beginning of the spring.
The full moon phase is expected to begin at 12:12 GMT and will continue through the night. For the best chance of seeing the full moon, you can go to an area with little light pollution, making the moon appear spectacularly bright in the night sky.
The Pink Moon, the second completed moon in April, occurs when the moon falls on the other side of the earth like the sun, making its face fully lit up in the sky.
In Native American tribes, the moon was called "the full pink moon," because its completion coincides with the emergence of a type of algae called pink moss.
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