WOTS Sunday 4/14/19
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | 1170.3000 | 1168.9000 | 1169.2000 | 00:00 | |||
| USD/VND | 23198.0000 | 23167.8200 | 23198.0000 | 00:00 | |||
| USD/CNY | 6.7219 | 6.7011 | 6.7183 | 00:00 | |||
| USD/KWD | 0.3037 | 0.3032 | 0.3037 | 00:00 | |||
| GBP/USD | 1.3132 | 1.3050 | 1.3050 | 00:00 | |||
| USD/IRR | 42000.0000 | 42000.0000 | 42000.0000 | 00:00 | |||
| USD/IDR | 14177.0000 | 14068.0000 | 14170.0000 | 00:00 |
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DC NY Iraq Articles:ddd
A senior ministerial delegation in Kirkuk to support the province and discuss its demands
Editorial Date: 2019/4/14 11:26 • 18 times read
(Baghdad: Al-Furat News) Deputy Prime Minister for Energy and Minister of Oil Thamir Abbas Ghadhban stressed the interest of the federal government in Kirkuk province and its security stability and development in the field of services.
Al-Ghadhban told a news conference during his visit to the province on Sunday, headed by a large ministerial delegation that "the delegation came at the direction of Prime Minister Adel Abdul-Mahdi to see the conditions of the province of Kirkuk dear," adding that "What matters to the government is that the status of Kirkuk in the best of Level of service delivery and security stability. "
He added that "the government supports the province by building its capacity to implement projects and provide services to citizens," stressing that "the delegation will hold intensive meetings and will listen to what will be presented by the governor and the provincial council and members of the House of Representatives representatives of the province, where will discuss the necessary and important matters will be Meet the legitimate demands and we will follow up on what is agreed upon. "
For his part, welcomed the Governor of Kirkuk, Rakan Jubouri visit the ministerial delegation, chaired by the Deputy Prime Minister for Energy and Minister of Oil, thanking the initiative of the federal government to see the reality of Kirkuk province and provide support in the field of reconstruction and restoration.
The delegation included the ministers of electricity and water resources and the Undersecretary of the Ministry of the Interior and the Secretary of the Coordination Committee between the federal government and the provinces and a number of agents and general managers of service departments in the ministries.
He added that "the government supports the province by building its capacity to implement projects and provide services to citizens," stressing that "the delegation will hold intensive meetings and will listen to what will be presented by the governor and the provincial council and members of the House of Representatives representatives of the province, where will discuss the necessary and important matters will be Meet the legitimate demands and we will follow up on what is agreed upon. "
For his part, welcomed the Governor of Kirkuk, Rakan Jubouri visit the ministerial delegation, chaired by the Deputy Prime Minister for Energy and Minister of Oil, thanking the initiative of the federal government to see the reality of Kirkuk province and provide support in the field of reconstruction and restoration.
The delegation included the ministers of electricity and water resources and the Undersecretary of the Ministry of the Interior and the Secretary of the Coordination Committee between the federal government and the provinces and a number of agents and general managers of service departments in the ministries.
Legal expert: The work of provincial councils continues a constitutional violation and reveals two parties in the state that can terminate the work of the councils according to the law
14/04/2019 11:46 AM |
Legal expert: The work of provincial
Legal expert Ali al-Tamimi said on Sunday that the continuation of the work of the provincial councils is a constitutional violation, especially that the people elected members of the councils for four years, pointing out that two sides in the state can terminate the work of the councils in accordance with the law. Tamimi said "There is nothing in Law 21 that provides for the freezing of the provincial councils, but there is in this law the terms of dissolving the House of Representatives and ending its work, and therefore the provincial councils continue their work under Article 46 of Law 36 of 2008 (Law The provincial elections), which states that (when the term of the provincial councils ends, they continue to work), but this continuation is not full powers, but the conduct of business only.
He added that "the continuous work of the provincial councils violates articles 5, 6 and 20 of the Constitution, which speaks about the people source of authorities and therefore their work is illegal," noting that "the illegal work of the provincial councils can be terminated through the House of Representatives through the abolition of Article 46 in Law 36 , In addition to the Federal Court, where under Article 93 of the Constitution, as it must be challenged by one of the continuation of their work in order to demonstrate the conflict continued the work of the provincial councils.
Tamimi pointed out that "salaries charged by the members of the provincial councils, need to be challenged before the Administrative Court, especially that their work is just a business, and therefore the parliament with a file to end the work of provincial councils.s
The Interior Ministry responds to the widespread phenomenon of imposing royalties and extortion among some of the ministry's leaders
Date of release: 2019/4/14 10:34 • 229 times read
{Baghdad: Al-Furat News} The Ministry of the Interior responded to the accusation of one of the deputies of their leaders to impose royalties and the practice of extortion.
A statement of the ministry received the agency {Euphrates News} a copy of it, "based on what was transmitted from the statements were circulated through a number of social networking sites and the media of one of the deputies that the phenomenon of imposing royalties to some leaders of the Ministry of the Interior and blackmail these leaders lower and the biggest damage On associates ".
"The Ministry of Interior confirms that its senior leadership and supervisory bodies such as the Office of the Inspector-General, the Directorate of Personnel Security, the Administrative Inspection Services and others are working professionally to combat all forms of administrative and financial corruption. These departments have achieved important achievements in the framework of their work, which confirmed the professionalism of the ministry "He said.
The statement added: "The issue of choosing the security leaders in the Ministry of Interior and assigning them in administrative and military positions is subject to a variety of conditions and controls and through specialized committees whose members are representatives of the Office of the Inspector General and the security of individuals. The Ministry is not hesitant in accounting or replacing any corrupt or incompetent. Performance of his duties ".
He pointed out that "the Ministry of the Interior while respecting the views of everyone and take it seriously if the aim of reform is at the same time calls for evidence and concrete facts and evidence and move away from the language of generalization while retaining the constitutional rights guaranteed constitutionally about it."
"The Ministry of Interior confirms that its senior leadership and supervisory bodies such as the Office of the Inspector-General, the Directorate of Personnel Security, the Administrative Inspection Services and others are working professionally to combat all forms of administrative and financial corruption. These departments have achieved important achievements in the framework of their work, which confirmed the professionalism of the ministry "He said.
The statement added: "The issue of choosing the security leaders in the Ministry of Interior and assigning them in administrative and military positions is subject to a variety of conditions and controls and through specialized committees whose members are representatives of the Office of the Inspector General and the security of individuals. The Ministry is not hesitant in accounting or replacing any corrupt or incompetent. Performance of his duties ".
He pointed out that "the Ministry of the Interior while respecting the views of everyone and take it seriously if the aim of reform is at the same time calls for evidence and concrete facts and evidence and move away from the language of generalization while retaining the constitutional rights guaranteed constitutionally about it."
The start of the four-ministerial meeting in Amman with the participation of Iraq
Political 11:26 - 14/04/2019
Baghdad - Mawazine News
The Foreign Ministry announced on Sunday the start of the four-way meeting between the foreign ministers of Iraq, Jordan, Greece and Cyprus in the Jordanian capital of Amman.
"The four-way meeting in Amman at the level of foreign ministers began today, with the participation of Iraq," ministry spokesman Ahmed al-Sahaf said in a statement received by Mawazine News.
Al-Sahaf added that "the most important topics of the meeting are the development of economic relations and integration in various fields" .
The Foreign Ministry announced on Sunday the start of the four-way meeting between the foreign ministers of Iraq, Jordan, Greece and Cyprus in the Jordanian capital of Amman.
"The four-way meeting in Amman at the level of foreign ministers began today, with the participation of Iraq," ministry spokesman Ahmed al-Sahaf said in a statement received by Mawazine News.
Al-Sahaf added that "the most important topics of the meeting are the development of economic relations and integration in various fields" .
Saleh of Muthanna: The state of injustice does not last and requires us as Iraqis to preach
Editorial Date: 2019/4/14 11:14 • 58 times read
(Baghdad: Furat News) President Barham Salih visited Sunday morning one of the mass graves that were recently found in the desert of Samawa and the remains of dozens of victims of our Kurdish people.
On the arrival of Salih, accompanied by the representative of the Secretary-General of the United Nations Jinin Hines Blaschart, the governor of Muthanna Ahmed Manfi Gouda and a number of families of the victims and eyewitnesses to this terrible crime of the people of the city of Salman, read Al-Fatihah on the lives of martyrs martyrs.
He stressed, in his visit coinciding with the anniversary of the crime of the Anfal campaigns notorious, that the crime of Anfal is a war of genocide against the Kurdish people, and the discovery of this cemetery a new evidence of the crimes of the dictatorial regime Abbad, "noting that" the Saddam regime Abad Kurds not only because they are a response, Because he saw that they represent a danger to him and I offer to harm them, as I do to harm our people in the center and the south because they do not tolerate injustice and tyranny and seek a life of free dignity.
Saleh explained that "the victims' families in Chamchamal, Barzan, Mahawel and Al-Ahwar are one case in rejecting injustice. He stressed that the victory of the oppressor requires emphasizing the national constants that Saddam's tyranny does not reappear and that the justice of the families of the victims requires us to fight corruption and anomalies. The Christians, the Wazidis and all sects and sects, we have to be one hand to win over all the crimes that Saddam and his gang have done. "
"At this historic moment, we must confirm that the deposition of the Baath and the Saddam ideology is a crime, but it is a clear indication that we are not immune to their terrorism, which requires us as Iraqis to preach," he said.
And delivered speeches to the representative of the Secretary-General of the United Nations in Iraq and the governor of Muthanna condemned the heinous crimes committed by Saddam Hussein's regime against the Iraqis and Kurds in particular, calling for the fairness of the victims' families with the privileges they deserve.
He stressed, in his visit coinciding with the anniversary of the crime of the Anfal campaigns notorious, that the crime of Anfal is a war of genocide against the Kurdish people, and the discovery of this cemetery a new evidence of the crimes of the dictatorial regime Abbad, "noting that" the Saddam regime Abad Kurds not only because they are a response, Because he saw that they represent a danger to him and I offer to harm them, as I do to harm our people in the center and the south because they do not tolerate injustice and tyranny and seek a life of free dignity.
Saleh explained that "the victims' families in Chamchamal, Barzan, Mahawel and Al-Ahwar are one case in rejecting injustice. He stressed that the victory of the oppressor requires emphasizing the national constants that Saddam's tyranny does not reappear and that the justice of the families of the victims requires us to fight corruption and anomalies. The Christians, the Wazidis and all sects and sects, we have to be one hand to win over all the crimes that Saddam and his gang have done. "
"At this historic moment, we must confirm that the deposition of the Baath and the Saddam ideology is a crime, but it is a clear indication that we are not immune to their terrorism, which requires us as Iraqis to preach," he said.
And delivered speeches to the representative of the Secretary-General of the United Nations in Iraq and the governor of Muthanna condemned the heinous crimes committed by Saddam Hussein's regime against the Iraqis and Kurds in particular, calling for the fairness of the victims' families with the privileges they deserve.
Youssef Al-Ghareeb for (Tigris): Activating a paragraph ..."petrodollar" would solve all the problems of Basra
14-04-2019 12:30 AM
The political analyst Yusuf al-Gharib, on Saturday, that the claim Basra province comes as a result of unemployment and the deteriorating economic situation in the province.
Al-Gharib said in a statement to (Tigris), that 'activating the word' petrodollar 'would solve all the problems of Basra,' noting that 'the province of Basra and special situation must be handled with his wisdom'
He added that 'the transformation of Basra to a region will open the door to the rest of the provinces and will drag Iraq and the region to the problems of a very large', adding that the 'people of Basra think rationally that the parties that brought them to this stage is the same who will govern them and the powers of the largest'. d
Turkey announced on Saturday the destruction of weapons platforms and warehouses and shelters used by the PKK in northern Iraq.
A statement from the Turkish Defense Ministry said that "air force fighter jets raided the separatist organization's positions in the Zap, Afashin-Basian and Hawkurk areas of northern Iraq."
The statement added that 'the air operation resulted in the destruction of platforms and weapons warehouses and shelters of the organization' BK Ka '.
Turkey announces the destruction of weapons platforms and warehouses for the PKK in northern Iraq
14-04-2019 01:48 AM
Turkey announced on Saturday the destruction of weapons platforms and warehouses and shelters used by the PKK in northern Iraq.
A statement from the Turkish Defense Ministry said that "air force fighter jets raided the separatist organization's positions in the Zap, Afashin-Basian and Hawkurk areas of northern Iraq."
The statement added that 'the air operation resulted in the destruction of platforms and weapons warehouses and shelters of the organization' BK Ka '.
Kauaihn Iraq Articles:dd
Saleh arrives at Muthanna Governorate building and meets with local government
Editorial Date: 2019/4/14 10:54 • 109 times read
{Baghdad: Al-Furat News} President of the Republic, Barham Saleh, arrived at the Council of Muthanna province.
He met with the local government to see the reality of the province and its projects.
The President of the Republic arrived this morning in Muthanna and visited upon his arrival a mass grave in the desert of Samawa, which includes the remains of victims of the Kurds prepared by the former regime.
The President of the Republic arrived this morning in Muthanna and visited upon his arrival a mass grave in the desert of Samawa, which includes the remains of victims of the Kurds prepared by the former regime.
Mr. Ammar al-Hakim: Reform establishes a large national project represents an important transition to the political process
Editorial Date: 2019/4/14 8:32 • 221 times read
(Baghdad: Al-Furat News) The head of the Alliance for Reform and Reconstruction, Mr. Ammar al-Hakim, said the coalition is establishing a large and real national project to represent an important transition to the political process in Iraq.
Mr. Ammar al-Hakim, during his presiding over the first quarterly meeting of the Standing Committees of the Alliance, called on the members of the committees to be in the field and keep abreast of all the events and crises.
He also stressed the importance of following up the decisions of the committees to ensure the safety of their implementation and the importance of holding specialized workshops because of their importance in supporting the political process in various sectors and topics covered by these workshops.
Mr. Ammar al-Hakim stressed "the need for close interaction between the legislative committee and all other committees in the coalition in order to contribute effectively to the adoption of important laws that serve the country."
He also urged the "work to achieve a real project of social harmony among all the Iraqi people because of its active role in stabilizing the political process and the transition to construction and reconstruction, stressing the importance of media visibility of the leaders and deputies of the coalition and the need to inform the people on all the roles and achievements of the coalition."
He pointed to "the need to open up to civil society organizations and involve them in the process of reform and construction and the development of political action."
For their part, Ra'anan reviewed the committees' work and the great progress achieved in its institutionalization and expansion of its work, and presented a number of proposals that would contribute to the development of the work of their committees and influence in the largest possible area serving the country and the citizen.
He also stressed the importance of following up the decisions of the committees to ensure the safety of their implementation and the importance of holding specialized workshops because of their importance in supporting the political process in various sectors and topics covered by these workshops.
Mr. Ammar al-Hakim stressed "the need for close interaction between the legislative committee and all other committees in the coalition in order to contribute effectively to the adoption of important laws that serve the country."
He also urged the "work to achieve a real project of social harmony among all the Iraqi people because of its active role in stabilizing the political process and the transition to construction and reconstruction, stressing the importance of media visibility of the leaders and deputies of the coalition and the need to inform the people on all the roles and achievements of the coalition."
He pointed to "the need to open up to civil society organizations and involve them in the process of reform and construction and the development of political action."
For their part, Ra'anan reviewed the committees' work and the great progress achieved in its institutionalization and expansion of its work, and presented a number of proposals that would contribute to the development of the work of their committees and influence in the largest possible area serving the country and the citizen.
President Barham Saleh arrives in Muthanna
Editorial date: 2019/4/14 8:56 • 187 times read
(Baghdad: Al-Furat News) President Barham Salih arrived Sunday morning to Muthanna province on an inspection visit.
Saleh, accompanied by the representative of the Secretary-General of the United Nations in Iraq, will visit Genin Hines Blaschart, one of the mass graves found in the desert of Samawah and the remains of dozens of victims of the Kurdish people who are absent from the former dictatorial regime. In which.
The President of the Republic will also meet the social and cultural elites and elders and dignitaries of the Muthanna to listen to the problems and obstacles to the advancement of the province.The
The President of the Republic will also meet the social and cultural elites and elders and dignitaries of the Muthanna to listen to the problems and obstacles to the advancement of the province.The
Arab Front in Kirkuk sends a letter to the Baghdad government demanding that it take four measures
Local 11:41 - 14/04/2019
Baghdad - Mawazine News
The Arab Front in the province of Kirkuk, on Sunday, a letter to the Government of Baghdad, demanding to take four procedures for the province.
"We welcome the high-level government delegation which arrived in the province of Kirkuk to get acquainted with its reality and overcome the obstacles facing it," the Front said in a statement received by Mawazine News.
The Front called for "to focus its attention and attention to the demands of the masses that were crystallized by the Arab Front in this statement and other previous statements based on the views of the people and their aspirations."
And called on the central government and the Iraqi Council of Representatives to "postpone the population census to be conducted in Iraq in 2020 beyond achievement."
And stressed the front, to "complete the following steps, first: complete the work of the draft unified national card throughout Iraq, especially the province of Kirkuk and the Kurdistan region, and second: the formation of a high central committee to audit records of souls and priorities of Article 140 in Kirkuk to detect the manipulation of records that occurred after 2003 ".
"It is also necessary to return all displaced and displaced Arabs to their areas in the province of Kirkuk, which were forcibly displaced after 2003, as well as the formation of a central committee to audit the ration card and the detection of duplicate cards in more than one province."
The Arab Front in the province of Kirkuk, on Sunday, a letter to the Government of Baghdad, demanding to take four procedures for the province.
"We welcome the high-level government delegation which arrived in the province of Kirkuk to get acquainted with its reality and overcome the obstacles facing it," the Front said in a statement received by Mawazine News.
The Front called for "to focus its attention and attention to the demands of the masses that were crystallized by the Arab Front in this statement and other previous statements based on the views of the people and their aspirations."
And called on the central government and the Iraqi Council of Representatives to "postpone the population census to be conducted in Iraq in 2020 beyond achievement."
And stressed the front, to "complete the following steps, first: complete the work of the draft unified national card throughout Iraq, especially the province of Kirkuk and the Kurdistan region, and second: the formation of a high central committee to audit records of souls and priorities of Article 140 in Kirkuk to detect the manipulation of records that occurred after 2003 ".
"It is also necessary to return all displaced and displaced Arabs to their areas in the province of Kirkuk, which were forcibly displaced after 2003, as well as the formation of a central committee to audit the ration card and the detection of duplicate cards in more than one province."
39 Economic delegations exchanged visits between Iraq and Iran
Editorial Date: 2019/4/14 11:08 • 45 times read
{International: Euphrates News} The Iranian Trade Attaché in Iraq announced the exchange of 39 economic delegations between the two countries during the current year.
Beshad said Saturday that the exchange of visits included 19 private sector committees with trade and marketing activity and 20 government economic committees, with 720 businessmen from different sectors.
He added that as a leading economic destination for the export of Iranian goods, Iraq has diversified and growing capabilities. The exchange of visits between these delegations was aimed at following up the development of relations and synergies, enhancing cooperation and relations between different sectors of the two countries, enhancing non-oil exports and growing economic ties between Tehran and Baghdad.
He pointed out that the process of exchanging economic delegations led to important economic and trade results, including the conclusion of commercial contracts between the private sector companies, the marketing of Iranian products in Iraq, the development of tourism services, the increase of exports to 50 percent and field studies on how the industrial sector participates in cooperation. And facilitate bilateral trade procedures.
"Fifteen per cent of the trade delegations between the two countries were government delegations and 85 per cent were from the private sector, which grew by 137 per cent compared to the previous year," Behzad added.
Referring to the visit of Iranian President Hassan Rowhani and the delegation accompanying Iraq, Behzad said that the agreements reached by the Iranian and Iraqi governments during this visit in various sectors including the energy, industry, trade, banking and consular affairs led to the opening of a new chapter of relations between Baghdad and Tehran. Paved the way for further cooperation at the private sector.
He added that as a leading economic destination for the export of Iranian goods, Iraq has diversified and growing capabilities. The exchange of visits between these delegations was aimed at following up the development of relations and synergies, enhancing cooperation and relations between different sectors of the two countries, enhancing non-oil exports and growing economic ties between Tehran and Baghdad.
He pointed out that the process of exchanging economic delegations led to important economic and trade results, including the conclusion of commercial contracts between the private sector companies, the marketing of Iranian products in Iraq, the development of tourism services, the increase of exports to 50 percent and field studies on how the industrial sector participates in cooperation. And facilitate bilateral trade procedures.
"Fifteen per cent of the trade delegations between the two countries were government delegations and 85 per cent were from the private sector, which grew by 137 per cent compared to the previous year," Behzad added.
Referring to the visit of Iranian President Hassan Rowhani and the delegation accompanying Iraq, Behzad said that the agreements reached by the Iranian and Iraqi governments during this visit in various sectors including the energy, industry, trade, banking and consular affairs led to the opening of a new chapter of relations between Baghdad and Tehran. Paved the way for further cooperation at the private sector.
The Interior Ministry responds to the widespread phenomenon of imposing royalties and extortion among some of the ministry's leaders
Date of release: 2019/4/14 10:34 • 229 times read
{Baghdad: Al-Furat News} The Ministry of the Interior responded to the accusation of one of the deputies of their leaders to impose royalties and the practice of extortion.
A statement of the ministry received the agency {Euphrates News} a copy of it, "based on what was transmitted from the statements were circulated through a number of social networking sites and the media of one of the deputies that the phenomenon of imposing royalties to some leaders of the Ministry of the Interior and blackmail these leaders lower and the biggest damage On associates ".
"The Ministry of Interior confirms that its senior leadership and supervisory bodies such as the Office of the Inspector-General, the Directorate of Personnel Security, the Administrative Inspection Services and others are working professionally to combat all forms of administrative and financial corruption. These departments have achieved important achievements in the framework of their work, which confirmed the professionalism of the ministry "He said.
The statement added: "The issue of choosing the security leaders in the Ministry of Interior and assigning them in administrative and military positions is subject to a variety of conditions and controls and through specialized committees whose members are representatives of the Office of the Inspector General and the security of individuals. The Ministry is not hesitant in accounting or replacing any corrupt or incompetent. Performance of his duties ".
He pointed out that "the Ministry of the Interior while respecting the views of everyone and take it seriously if the aim of reform is at the same time calls for evidence and concrete facts and evidence and move away from the language of generalization while retaining the constitutional rights guaranteed constitutionally about it."
"The Ministry of Interior confirms that its senior leadership and supervisory bodies such as the Office of the Inspector-General, the Directorate of Personnel Security, the Administrative Inspection Services and others are working professionally to combat all forms of administrative and financial corruption. These departments have achieved important achievements in the framework of their work, which confirmed the professionalism of the ministry "He said.
The statement added: "The issue of choosing the security leaders in the Ministry of Interior and assigning them in administrative and military positions is subject to a variety of conditions and controls and through specialized committees whose members are representatives of the Office of the Inspector General and the security of individuals. The Ministry is not hesitant in accounting or replacing any corrupt or incompetent. Performance of his duties ".
He pointed out that "the Ministry of the Interior while respecting the views of everyone and take it seriously if the aim of reform is at the same time calls for evidence and concrete facts and evidence and move away from the language of generalization while retaining the constitutional rights guaranteed constitutionally about it."
Baghdad announces its support for the implementation of projects and the provision of services in Kirkuk
Local 11:16 - 14/04/2019
Baghdad - Mawazine News
Deputy Prime Minister for Energy and Oil Minister Thamer Abbas Al-Ghadhban on Sunday confirmed the support of the federal government for the province of Kirkuk and its security stability and development in the field of services.
"The latter arrived in Kirkuk at the head of a large ministerial delegation to learn about the reality of the province's service and security of the province," the ministry's media office said in a statement received by Mawazine News.
"The delegation came at the direction of Prime Minister Adel Abdul Mahdi to see the situation in the province of Kirkuk," he said, adding that "what matters to the government is that the status of Kirkuk at the best level of service delivery and security stability."
He added that "the government supports the province by building its capacity to implement projects and provide services to citizens," pointing out that "the delegation will hold intensive meetings and will listen to what will be presented by the governor and the provincial council and members of the House of Representatives representatives of the province, The task will be to meet the legitimate requests and we will follow up what is agreed upon. "
For his part, welcomed the governor of Kirkuk, Rakan Jubouri, "visit the ministerial delegation chaired by the Deputy Prime Minister for Energy and Minister of Oil," thanking "the initiative of the federal government to see the reality of the province of Kirkuk and provide support in the field of reconstruction and restoration.
The statement said that "the delegation included the ministers of electricity and water resources and the Undersecretary of the Ministry of the Interior and the Secretary of the Coordination Committee between the federal government and the provinces and a number of agents and general managers of service departments in the ministries."
Deputy Prime Minister for Energy and Oil Minister Thamer Abbas Al-Ghadhban on Sunday confirmed the support of the federal government for the province of Kirkuk and its security stability and development in the field of services.
"The latter arrived in Kirkuk at the head of a large ministerial delegation to learn about the reality of the province's service and security of the province," the ministry's media office said in a statement received by Mawazine News.
"The delegation came at the direction of Prime Minister Adel Abdul Mahdi to see the situation in the province of Kirkuk," he said, adding that "what matters to the government is that the status of Kirkuk at the best level of service delivery and security stability."
He added that "the government supports the province by building its capacity to implement projects and provide services to citizens," pointing out that "the delegation will hold intensive meetings and will listen to what will be presented by the governor and the provincial council and members of the House of Representatives representatives of the province, The task will be to meet the legitimate requests and we will follow up what is agreed upon. "
For his part, welcomed the governor of Kirkuk, Rakan Jubouri, "visit the ministerial delegation chaired by the Deputy Prime Minister for Energy and Minister of Oil," thanking "the initiative of the federal government to see the reality of the province of Kirkuk and provide support in the field of reconstruction and restoration.
The statement said that "the delegation included the ministers of electricity and water resources and the Undersecretary of the Ministry of the Interior and the Secretary of the Coordination Committee between the federal government and the provinces and a number of agents and general managers of service departments in the ministries."
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Stocks are at an inflection point that could take the market to new highs
Stocks are at a pivot point, and it could be first quarter earnings that determines how soon the market will return to its highs.
Read in CNBC: https://apple.news/ARTe4E-
Ask a Fool: What Do New Investors Need to Know About Dividend Stocks?
Here's what to expect after you buy your first dividend stock.
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d
GLOBAL/NEWS/INFO
The IMF is worried about rising debt in the corporate sector
The level of debt and the lack of regulation in the corporate sector is a concern for the IMF, one of its directors has told CNBC.
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The level of debt and the lack of regulation in the corporate sector is a concern for the IMF, one of its directors has told CNBC.
Read in CNBC: https://apple.news/
Dying with too much money is just as problematic as dying with too little. A finance expert gives 3 tips for how to fix the issue
Planning for the future — and for after you're gone — is a must. pitbull2013 via Compfight cc Leave it to the US court system to make the distribution of your assets upon death, cumbersome and costly. Without a will or a Revocable Living Trust, beneficiaries will pay anywhere from 3% - 8% of the assets in fees in probate and could take potentially a year or longer for all assets to be properly distributed. Probate fees include: personal representative fees, court fees, attorney's fees,
Read in Business Insider: https://apple.news/
Planning for the future — and for after you're gone — is a must. pitbull2013 via Compfight cc Leave it to the US court system to make the distribution of your assets upon death, cumbersome and costly. Without a will or a Revocable Living Trust, beneficiaries will pay anywhere from 3% - 8% of the assets in fees in probate and could take potentially a year or longer for all assets to be properly distributed. Probate fees include: personal representative fees, court fees, attorney's fees,
Read in Business Insider: https://apple.news/
Beneficiary Designations: 5 Critical Mistakes to Avoid
You may be surprised at how easy it is to make an expensive mistake with your beneficiary designations.
Read in Kiplinger: https://apple.news/
You may be surprised at how easy it is to make an expensive mistake with your beneficiary designations.
Read in Kiplinger: https://apple.news/
OIL/COMMODITIES/ENERGY
METALS-Lower dollar and Chinese data fuel copper's ascent
* Market looks to Chinese investment, manufacturing data
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* Market looks to Chinese investment, manufacturing data
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Gold snaps back, clings to narrow weekly gain, as dollar drops
Gold futures prices snapped back with modest gains Friday after getting clobbered a day earlier as consolidation took hold and as the primary dollar index, which typically moves inversely with the metal, fell.
Read in MarketWatch: https://apple.news/
Gold futures prices snapped back with modest gains Friday after getting clobbered a day earlier as consolidation took hold and as the primary dollar index, which typically moves inversely with the metal, fell.
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PRECIOUS-Gold steadies as dollar retreats, on way to best week in three
* Dollar on track for first weekly fall in four weeks
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* Dollar on track for first weekly fall in four weeks
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Rising import prices show higher cost of oil is chiefly behind recent inflation spike
The price of imported goods rose sharply in March for the second month in a row, but once again almost all the increase was tied to higher oil prices. The cost of other imports excluding fuel fell, another sign that inflation in the U.S. remains subdued.
Read in MarketWatch: https://apple.news/
The price of imported goods rose sharply in March for the second month in a row, but once again almost all the increase was tied to higher oil prices. The cost of other imports excluding fuel fell, another sign that inflation in the U.S. remains subdued.
Read in MarketWatch: https://apple.news/
Oil heads for sixth weekly gain amid falling OPEC production
Oil headed for a sixth weekly increase as falling OPEC production tightened global crude markets, offsetting concerns that slower economic growth will weaken demand.
Read in Chron.com: https://apple.news/
Oil headed for a sixth weekly increase as falling OPEC production tightened global crude markets, offsetting concerns that slower economic growth will weaken demand.
Read in Chron.com: https://apple.news/
BANKS/BANKING/CREDIT
What Is Expansionary Monetary Policy?
Central banks are the key to waging expansionary monetary policy campaigns, when a nation's economy needs the help most. Expansionary monetary policy is an economic policy engineered by a country's central bank (like the U.S. Federal Reserve) designed to ratchet up a nation's economy, often in a time of economic peril. While central banks may deploy various policies to boost an economy, the strategy that is often used is the lowering of a nation's interest rates, led by a central bank. This
Read in TheStreet: https://apple.news/AnKa_-
Central banks are the key to waging expansionary monetary policy campaigns, when a nation's economy needs the help most. Expansionary monetary policy is an economic policy engineered by a country's central bank (like the U.S. Federal Reserve) designed to ratchet up a nation's economy, often in a time of economic peril. While central banks may deploy various policies to boost an economy, the strategy that is often used is the lowering of a nation's interest rates, led by a central bank. This
Read in TheStreet: https://apple.news/AnKa_-
Wells Fargo cuts 2019 net interest income forecast, shares tumble
Shares of Wells Fargo & Co reversed course to trade lower on Friday after the lender cut its 2019 net interest income forecast and said it would not provide a timeline on when a Federal Reserve cap on balance sheet growth will be lifted.
Read in Reuters: https://apple.news/
Shares of Wells Fargo & Co reversed course to trade lower on Friday after the lender cut its 2019 net interest income forecast and said it would not provide a timeline on when a Federal Reserve cap on balance sheet growth will be lifted.
Read in Reuters: https://apple.news/
Scandal-Plagued Wells Fargo Skimps on Travel, Postage to Boost Profit
The scandal-plagued U.S. bank, under strict sanctions from the Federal Reserve, just lost its second CEO in four years, following a grilling from lawmakers in Washington. But executives managed to top first-quarter earnings estimates by cutting costs. Wells Fargo (WFC) , the scandal-ridden U.S. bank, said first-quarter profit climbed by 14% from a year earlier, topping Wall Street estimates. Net income rose to $5.86 billion, the San Francisco-based lender said Friday in a statement. Earnings per
Read in TheStreet: https://apple.news/
The scandal-plagued U.S. bank, under strict sanctions from the Federal Reserve, just lost its second CEO in four years, following a grilling from lawmakers in Washington. But executives managed to top first-quarter earnings estimates by cutting costs. Wells Fargo (WFC) , the scandal-ridden U.S. bank, said first-quarter profit climbed by 14% from a year earlier, topping Wall Street estimates. Net income rose to $5.86 billion, the San Francisco-based lender said Friday in a statement. Earnings per
Read in TheStreet: https://apple.news/
Banks rally after JPMorgan, Wells Fargo earnings top expectations
Bank stocks in the US rose across the board on Friday after JPMorgan and Wells Fargo's quarterly results topped analysts' expectations. The Financial Select Sector SPDR Fund, an ETF that tracks big bank stocks, jumped 2%. Visit MarketsInsider.com for more stories. JPMorgan and Wells Fargo kicked off earnings season with a bang as both banks' first-quarter results topped Wall Street's expectations, sending names in the sector higher across the board. JPMorgan's results were particularly
Read in Business Insider: https://apple.news/
Bank stocks in the US rose across the board on Friday after JPMorgan and Wells Fargo's quarterly results topped analysts' expectations. The Financial Select Sector SPDR Fund, an ETF that tracks big bank stocks, jumped 2%. Visit MarketsInsider.com for more stories. JPMorgan and Wells Fargo kicked off earnings season with a bang as both banks' first-quarter results topped Wall Street's expectations, sending names in the sector higher across the board. JPMorgan's results were particularly
Read in Business Insider: https://apple.news/
JPMorgan Chase Just Set a High Bar for This Earnings Season
The financial giant its beat top- and bottom-line expectations, and posted great numbers across its businesses.
Read in The Motley Fool: https://apple.news/AH_
The financial giant its beat top- and bottom-line expectations, and posted great numbers across its businesses.
Read in The Motley Fool: https://apple.news/AH_
Breakingviews - Santander’s $2.9 bln Mexico bid is easy to refuse
LONDON (Reuters Breakingviews) - Banco Santander has made shareholders in its Mexican unit a proposal they can refuse. The Spanish bank on Friday offered investors in Santander Mexico the chance to swap their shares for stock in the parent company. Despite a 14 percent premium, the deal is unenticing. Investors should hold out.
Read in Reuters: https://apple.news/AtCD3E-
LONDON (Reuters Breakingviews) - Banco Santander has made shareholders in its Mexican unit a proposal they can refuse. The Spanish bank on Friday offered investors in Santander Mexico the chance to swap their shares for stock in the parent company. Despite a 14 percent premium, the deal is unenticing. Investors should hold out.
Read in Reuters: https://apple.news/AtCD3E-
TREASURIES/BONDS/STOCKS
Stocks are at an inflection point that could take the market to new highs
Stocks are at a pivot point, and it could be first quarter earnings that determines how soon the market will return to its highs.
Read in CNBC: https://apple.news/ARTe4E-
Take Five: Wall Street calling! World market themes for the week ahead
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Read in Reuters: https://apple.news/
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Read in Reuters: https://apple.news/
Here's what to expect after you buy your first dividend stock.
Read in The Motley Fool: https://apple.news/
Nervous About Stocks? There Are Great Opportunities in the Bond Market, According to Experts. Here's Where to Look
After years of enduring ultra-low interest rates, fixed-income investors are starting to see bond market opportunities. But amid increasing uncertainty about the strength of the U.S. economy, you need to be careful. After raising short-term interest rates four times in 2018, to a high-end target of 2.5%, the Federal Reserve has indicated it expects no new fed funds rate hikes this year. That means bond payouts, which have been climbing for several years, aren’t likely to get any more generous in
Read in Money: https://apple.news/
After years of enduring ultra-low interest rates, fixed-income investors are starting to see bond market opportunities. But amid increasing uncertainty about the strength of the U.S. economy, you need to be careful. After raising short-term interest rates four times in 2018, to a high-end target of 2.5%, the Federal Reserve has indicated it expects no new fed funds rate hikes this year. That means bond payouts, which have been climbing for several years, aren’t likely to get any more generous in
Read in Money: https://apple.news/
CRYPTO'S / DIGITAL CURRENCY
Crypto Exchange Emphasizes Privacy by Offering Coin Conversions Without an Account
A crypto exchange says its rivals ask for too many personal details and has launched a service where users can exchange coins without opening an account #SPONSORED
Read in Cointelegraph: https://apple.news/
A crypto exchange says its rivals ask for too many personal details and has launched a service where users can exchange coins without opening an account #SPONSORED
Read in Cointelegraph: https://apple.news/
XRP and Stellar Lumens [XLM] Price Analysis: Bear looms over XLM coin as XRP exhibits mixed signals
The cryptocurrency market witnessed more tumultuous movement, as prices of leading coins continued to tumble down. At press time, Stellar Lumens [XLM] held a market cap of $2.21 billion, and was priced at $0.11. The ninth largest cryptocurrency listed on CoinMarketCap accounted for a 24-hour trading volume of $19.30 billion. It registered a fall of...
Read in AMBCrypto: https://apple.news/Amd-
The cryptocurrency market witnessed more tumultuous movement, as prices of leading coins continued to tumble down. At press time, Stellar Lumens [XLM] held a market cap of $2.21 billion, and was priced at $0.11. The ninth largest cryptocurrency listed on CoinMarketCap accounted for a 24-hour trading volume of $19.30 billion. It registered a fall of...
Read in AMBCrypto: https://apple.news/Amd-
CURRENCIES
FOREX-Dollar wilts as risk appetite returns; euro shines
* Dollar index sags, weighed down by euro's strength
Read in Reuters: https://apple.news/
Growth stumbling but central bank arsenals are near-empty
Global economic growth is slowing, according to the International Monetary Fund, policymakers and hundreds of economists polled by Reuters - but that downturn is coming at a time when central banks' arsenals are running on empty.
Read in Reuters: https://apple.news/
* Dollar index sags, weighed down by euro's strength
Read in Reuters: https://apple.news/
Growth stumbling but central bank arsenals are near-empty
Global economic growth is slowing, according to the International Monetary Fund, policymakers and hundreds of economists polled by Reuters - but that downturn is coming at a time when central banks' arsenals are running on empty.
Read in Reuters: https://apple.news/
EUR/USD: When Will Bulls Realize Their Potential?
EUR/USD is trading in the upper end of familiar ranges. Markets are calmer after the major events of the week, but two more data points are due. The technical picture is bullish for the pair. EUR/USD is trading below 1.1300, kicking off this European session in a similar state to the previous days. The dovish stance from the ECB and the FOMC Minutes has been digested by markets, and so is the Brexit delay. Fed officials spoke on Thursday and repeated the message of patience regarding the next
Read in Benzinga: https://apple.news/
EUR/USD is trading in the upper end of familiar ranges. Markets are calmer after the major events of the week, but two more data points are due. The technical picture is bullish for the pair. EUR/USD is trading below 1.1300, kicking off this European session in a similar state to the previous days. The dovish stance from the ECB and the FOMC Minutes has been digested by markets, and so is the Brexit delay. Fed officials spoke on Thursday and repeated the message of patience regarding the next
Read in Benzinga: https://apple.news/
FOREX-Euro surges in surprise move driven by flows linked to Japan
* Euro jumps in surprise late Asian move
Read in Reuters: https://apple.news/
Read in Reuters: https://apple.news/
HEALTH / SCIENCE
Congo's Ebola outbreak might be declared global emergency
A top Red Cross official says he’s “more concerned than I have ever been” about the possible regional spread of the Ebola virus after a new spike in cases.
Read in NBC News: https://apple.news/
A top Red Cross official says he’s “more concerned than I have ever been” about the possible regional spread of the Ebola virus after a new spike in cases.
Read in NBC News: https://apple.news/
Born between 1957-1989? You may not be protected from measles outbreak
Check yourself, public health officials say, as the number of cases in a Michigan measles outbreak climbed Friday by five more people to 39 cases.
Read in USA TODAY: https://apple.news/
Check yourself, public health officials say, as the number of cases in a Michigan measles outbreak climbed Friday by five more people to 39 cases.
Read in USA TODAY: https://apple.news/
USA / CANADA
Americans are becoming much less optimistic about the economy as growth slows
A shopper walking down aisle in newly opened Walmart Neighborhood Market in Chicago. Americans were much less optimistic about the outlook for the economy in early April, the latest sign of expectations for a sustained slowdown in growth. Consumer confidence fell to 96.9 at the beginning of the month, according to the University of Michigan's consumer sentiment index, compared with expectations for a reading of 98.2. Americans don't expect much more to come from the $1.5 trillion tax-cut package
Read in Business Insider: https://apple.news/AxX1vbB-
A shopper walking down aisle in newly opened Walmart Neighborhood Market in Chicago. Americans were much less optimistic about the outlook for the economy in early April, the latest sign of expectations for a sustained slowdown in growth. Consumer confidence fell to 96.9 at the beginning of the month, according to the University of Michigan's consumer sentiment index, compared with expectations for a reading of 98.2. Americans don't expect much more to come from the $1.5 trillion tax-cut package
Read in Business Insider: https://apple.news/AxX1vbB-
Alan Greenspan says economy will 'fade' because of entitlement burden
Economic growth won't last as the U.S. labors under the burden of growing entitlement programs, former Fed Chairman Alan Greenspan tells CNBC.
Read in CNBC: https://apple.news/
Economic growth won't last as the U.S. labors under the burden of growing entitlement programs, former Fed Chairman Alan Greenspan tells CNBC.
Read in CNBC: https://apple.news/
CNN analyst finds concerning pattern in tax data
CNN analyst John Avlon breaks down how the tax codes under President Trump have affected different states throughout the US, noting a pattern emerging between the yields for red states versus blue states.
Read in CNN Politics: https://apple.news/
CNN analyst John Avlon breaks down how the tax codes under President Trump have affected different states throughout the US, noting a pattern emerging between the yields for red states versus blue states.
Read in CNN Politics: https://apple.news/
EMERGING MARKETS
China is not an emerging market, strategist says
Christopher Peel, chief investment officer at Tavistock Investments, discusses the Chinese equity market, U.S.-China trade, and investing in emerging markets.
Read in CNBC: https://apple.news/
Christopher Peel, chief investment officer at Tavistock Investments, discusses the Chinese equity market, U.S.-China trade, and investing in emerging markets.
Read in CNBC: https://apple.news/
KraneShares, China-Focused Asset Manager, Debuts Emerging Market ETF Excluding China
NEW YORK, April 12, 2019 /PRNewswire/ -- Krane Funds Advisors, LLC, ("KraneShares") announced the launch of the KraneShares MSCI Emerging Markets ex China Index ETF, which listed today on the New York Stock Exchange (NYSE: KEMX). KraneShares is a U.S. asset management firm known for its China-focused exchange-traded funds (ETFs) and innovative China investment strategies. KEMX is benchmarked to the MSCI Emerging Markets ex China Index, which tracks large cap and mid cap companies within emerging
Read in PR Newswire: https://apple.news/Azlhcs_8AQ_
NEW YORK, April 12, 2019 /PRNewswire/ -- Krane Funds Advisors, LLC, ("KraneShares") announced the launch of the KraneShares MSCI Emerging Markets ex China Index ETF, which listed today on the New York Stock Exchange (NYSE: KEMX). KraneShares is a U.S. asset management firm known for its China-focused exchange-traded funds (ETFs) and innovative China investment strategies. KEMX is benchmarked to the MSCI Emerging Markets ex China Index, which tracks large cap and mid cap companies within emerging
Read in PR Newswire: https://apple.news/Azlhcs_8AQ_
Blackouts threaten death blow to Venezuela's industrial survivors
The latest power outage kicked off another tough week for factory owner Antonello Lorusso in the city of Valencia, once Venezuela's industrial hub.
Read in Reuters: https://apple.news/
The latest power outage kicked off another tough week for factory owner Antonello Lorusso in the city of Valencia, once Venezuela's industrial hub.
Read in Reuters: https://apple.news/
UBS is benefiting from emerging market rebound, chairman says
On the question of China, UBS' Axel Weber says some dark clouds over the country's economy are disappearing.
Read in CNBC: https://apple.news/Ao-
On the question of China, UBS' Axel Weber says some dark clouds over the country's economy are disappearing.
Read in CNBC: https://apple.news/Ao-
MIDDLE EAST
Kuwait Finance House Chooses IDEMIA’s Technology for the Country’s First Metal Payment Card
IDEMIA, the global leader in Augmented Identity, is delighted to announce its partnership with Kuwait
Read in Global Banking & Finance Review: https://apple.news/
IDEMIA, the global leader in Augmented Identity, is delighted to announce its partnership with Kuwait
Read in Global Banking & Finance Review: https://apple.news/
It's Business as Usual for Russians in Sudan, Despite Bashir's Fall
Sudan's President Omar al-Bashir (L) and Russia's President Vladimir Putin shake hands during a meeting at the Moscow Kremlin in July 2018 Sudan’s Omar al-Bashir may have been ousted by a popular revolution on Thursday, but his Russian allies are continuing their operations in the country, three Russian contractors in Sudan told TIME after the uprising. The mining contractors have worked in Sudan on-and-off since last year, under a wide-ranging cooperation deal that al-Bashir struck with Russian
Read in TIME: https://apple.news/
Sudan's President Omar al-Bashir (L) and Russia's President Vladimir Putin shake hands during a meeting at the Moscow Kremlin in July 2018 Sudan’s Omar al-Bashir may have been ousted by a popular revolution on Thursday, but his Russian allies are continuing their operations in the country, three Russian contractors in Sudan told TIME after the uprising. The mining contractors have worked in Sudan on-and-off since last year, under a wide-ranging cooperation deal that al-Bashir struck with Russian
Read in TIME: https://apple.news/
Lebanon to US delegation: Beirut rejects Golan's recognition
Lebanon's president has told a visiting American delegation that Beirut totally rejects U.S. recognition of Israeli sovereignty over the occupied Golan Heights because it includes Lebanese areas annexed by Israel
Read in ABC News: https://apple.news/
Lebanon's president has told a visiting American delegation that Beirut totally rejects U.S. recognition of Israeli sovereignty over the occupied Golan Heights because it includes Lebanese areas annexed by Israel
Read in ABC News: https://apple.news/
Explainer: Israeli election - with the final count in, who won and who lost?
Prime Minister Benjamin Netanyahu's Likud Party has won 36 of the 120 seats in Israel's parliament, according to final results of Tuesday's election, putting him in pole position in negotiations to form a right-wing coalition.
Read in Reuters: https://apple.news/A5Ktd8_
Prime Minister Benjamin Netanyahu's Likud Party has won 36 of the 120 seats in Israel's parliament, according to final results of Tuesday's election, putting him in pole position in negotiations to form a right-wing coalition.
Read in Reuters: https://apple.news/A5Ktd8_
AFRICA
UPDATE 1-Mozambique's IMF loan program to be decided as soon as next week -official
(Adds background on cyclone, promise of prompt payment)
Read in Reuters: https://apple.news/
(Adds background on cyclone, promise of prompt payment)
Read in Reuters: https://apple.news/
Zimbabwe: 'Govt to Introduce New Currency'
Zimbabwe will "soon" introduce a central bank reference rate as part of measures the government wants to use to prop up the collapsing economy, Finance minister Mthuli Ncube (pictured) said yesterday. Having a reference rate will help the country manage monetary policy, he said in an interview on Bloomberg Television. The nation also plans to introduce a new, fully-fledged currency in the next 12 months and to close the gap between the rate for dollars in the official and parallel markets using
Read in AllAfrica: https://apple.news/
Zimbabwe will "soon" introduce a central bank reference rate as part of measures the government wants to use to prop up the collapsing economy, Finance minister Mthuli Ncube (pictured) said yesterday. Having a reference rate will help the country manage monetary policy, he said in an interview on Bloomberg Television. The nation also plans to introduce a new, fully-fledged currency in the next 12 months and to close the gap between the rate for dollars in the official and parallel markets using
Read in AllAfrica: https://apple.news/
Zimbabwe: National Budget Shrinks to U.S.$2 Billion
(Photo: The Herald) Zimbabwe's US$8,2 billion 2019 national budget, presented by Finance minister Mthuli Ncube at a time the US dollar was officially trading at par with the country's quasi-currencies on November 22 last year, has effectively shrunk to RTGS$2,6 billion using the official rate due to currency and exchange rate volatility. It is now about RTGS$2 billion using the parallel market rate. The official rate was US$1:RTGS$3,1 yesterday. The alternative market rate was US$1:RTGS4,2. This
Read in AllAfrica: https://apple.news/
(Photo: The Herald) Zimbabwe's US$8,2 billion 2019 national budget, presented by Finance minister Mthuli Ncube at a time the US dollar was officially trading at par with the country's quasi-currencies on November 22 last year, has effectively shrunk to RTGS$2,6 billion using the official rate due to currency and exchange rate volatility. It is now about RTGS$2 billion using the parallel market rate. The official rate was US$1:RTGS$3,1 yesterday. The alternative market rate was US$1:RTGS4,2. This
Read in AllAfrica: https://apple.news/
Zimbabwe: Massive Retrenchments Loom As Zim Economy Slows Down
Hundreds of formal jobs are on the line in the economy as various businesses grapple with the realities of hyperinflation and exchange rate-induced losses. The market has witnessed massive price hikes since the announcement of the October 2018 and February 2019 monitory policy statements by the Reserve Bank of Zimbabwe (RBZ). According to ZimStat, year-on-year inflation jumped from 5,39% in September 2018 to 20,85% in October 2018. Inflation closed the year at 42,09% and has increased sharply to
Read in AllAfrica: https://apple.news/
Hundreds of formal jobs are on the line in the economy as various businesses grapple with the realities of hyperinflation and exchange rate-induced losses. The market has witnessed massive price hikes since the announcement of the October 2018 and February 2019 monitory policy statements by the Reserve Bank of Zimbabwe (RBZ). According to ZimStat, year-on-year inflation jumped from 5,39% in September 2018 to 20,85% in October 2018. Inflation closed the year at 42,09% and has increased sharply to
Read in AllAfrica: https://apple.news/
Zimbabwe: U.S.$1 Billion Steel Project Kicks Off
One of the world's largest stainless steel producers, Chinese company Tsingshan Holding Group, has begun work on setting up of the US$1 billion steel plant in the country that will eventually produce two million tonnes of steel annually, Mines minister Winston Chitando told businessdigest. Zimbabwe signed a US$1 billion deal with Tsingshan for the establishment of a steel plant in Mvuma in June last year. "The Tsingshan personnel are on site and they have started geological surveys. Government
Read in AllAfrica: https://apple.news/
One of the world's largest stainless steel producers, Chinese company Tsingshan Holding Group, has begun work on setting up of the US$1 billion steel plant in the country that will eventually produce two million tonnes of steel annually, Mines minister Winston Chitando told businessdigest. Zimbabwe signed a US$1 billion deal with Tsingshan for the establishment of a steel plant in Mvuma in June last year. "The Tsingshan personnel are on site and they have started geological surveys. Government
Read in AllAfrica: https://apple.news/
Africa: High-Speed Rail Network on Track - AU
Plans are on track for a high-speed rail network connecting the continent's borders by 2063, the African Union's Development Agency says. The ambitious multibillion-dollar project aims to ease the movement of goods and people across African borders, but the AU warns that corruption could derail that goal. Road, rail, and air traffic connections are so poor between some African countries that it is better to transit through Europe than to travel directly between neighbors. Intra-African trade is
Read in AllAfrica: https://apple.news/
Plans are on track for a high-speed rail network connecting the continent's borders by 2063, the African Union's Development Agency says. The ambitious multibillion-dollar project aims to ease the movement of goods and people across African borders, but the AU warns that corruption could derail that goal. Road, rail, and air traffic connections are so poor between some African countries that it is better to transit through Europe than to travel directly between neighbors. Intra-African trade is
Read in AllAfrica: https://apple.news/
Zimbabwe: Debt Accumulation a Huge Blow to Sustainability - WB
Zimbabwe needs to develop domestic financial markets necessary to attract local and foreign capital inflows as debt accumulation is threatening the sustainability of public debt. This is mainly driven by the fact that an increasing share is owed to private creditors and denominated in foreign currency. Zimbabwe is also among those countries (the bottom tercile countries) which are struggling to secure the foreign currency it needs to finance its foreign obligations, as production is failing to
Read in AllAfrica: https://apple.news/
Zimbabwe needs to develop domestic financial markets necessary to attract local and foreign capital inflows as debt accumulation is threatening the sustainability of public debt. This is mainly driven by the fact that an increasing share is owed to private creditors and denominated in foreign currency. Zimbabwe is also among those countries (the bottom tercile countries) which are struggling to secure the foreign currency it needs to finance its foreign obligations, as production is failing to
Read in AllAfrica: https://apple.news/
Zimbabwe: Zim Left With 30 Days Wheat Supply, Mealie Meal Price Set to Increase
Zimbabwe is left with a month's supply of wheat, Grain Millers Association of Zimbabwe (GMAZ) president, Tafadzwa Musarara has revealed. Musarara told journalists soon after the GMAZ northern region meeting Wednesday, that mealie-meal prices will go up with the next seven days. "On the wheat side, all milling companies have less than 30 days' supply left. Hence we are calling on the Reserve Bank of Zimbabwe to quickly avail the much needed foreign currency before the situation worsens," Musarara
Read in AllAfrica: https://apple.news/AnUqc-
Zimbabwe is left with a month's supply of wheat, Grain Millers Association of Zimbabwe (GMAZ) president, Tafadzwa Musarara has revealed. Musarara told journalists soon after the GMAZ northern region meeting Wednesday, that mealie-meal prices will go up with the next seven days. "On the wheat side, all milling companies have less than 30 days' supply left. Hence we are calling on the Reserve Bank of Zimbabwe to quickly avail the much needed foreign currency before the situation worsens," Musarara
Read in AllAfrica: https://apple.news/AnUqc-
ASIA
China says it respects EU laws and standards as 16+1 becomes 17+1 with new member Greece
China pledged to respect EU rules and standards at the conclusion of a summit with Central and Eastern European countries on Friday, with Premier Li Keqiang praising Greece for officially joining the group – making it “17+1”. Li said the growing platform…
Read in South China Morning Post: https://apple.news/
* Indian premiums climb to highest in 5 months, at $2.5/oz
Read in Reuters: https://apple.news/
China pledged to respect EU rules and standards at the conclusion of a summit with Central and Eastern European countries on Friday, with Premier Li Keqiang praising Greece for officially joining the group – making it “17+1”. Li said the growing platform…
Read in South China Morning Post: https://apple.news/
HSBC warns global growth is slowing, US-China trade war weighing on sentiment
HSBC’s top leaders warned on Friday that global growth is slowing and continuing trade tensions, including a trade war between the US and China, are weighing on economic sentiment. Chief executive John Flint said that “increased uncertainty and risk” in…
Read in South China Morning Post: https://apple.news/AKLPoQ3n_
Asia Gold-Indian buyers stock up for weddings; China demand steadyHSBC’s top leaders warned on Friday that global growth is slowing and continuing trade tensions, including a trade war between the US and China, are weighing on economic sentiment. Chief executive John Flint said that “increased uncertainty and risk” in…
Read in South China Morning Post: https://apple.news/AKLPoQ3n_
* Indian premiums climb to highest in 5 months, at $2.5/oz
Read in Reuters: https://apple.news/
EUROPE
Exclusive: EU draws up list of 20 billion euros of U.S. imports to hit over Boeing - diplomats
The European Commission has drawn up a list of U.S. imports worth around 20 billion euros ($22.6 billion) that it could hit with tariffs over a transatlantic aircraft subsidy dispute, EU diplomats said.
Read in Reuters: https://apple.news/
Domestic demand will support euro zone despite 'pronounced' slowdown, IMF says
The International Monetary Fund (IMF) says it was surprised by the recent slowdown in the euro zone but expects growth to pick up again.
Read in CNBC: https://apple.news/ABqSnSn_
The European Commission has drawn up a list of U.S. imports worth around 20 billion euros ($22.6 billion) that it could hit with tariffs over a transatlantic aircraft subsidy dispute, EU diplomats said.
Read in Reuters: https://apple.news/
EUROZONE CRISIS: EU economy 'running out of growth options' - Huge Brexit fears looming
BREXIT uncertainty is weighing on the European economy and the eurozone is running out of options to boost growth, according to UBS chairman Axel Weber. The UK is currently scheduled to leave the European Union on October 31, 2019, after Theresa May managed to secure a deadline from the remaining EU member states. Securing a Brexit pushback meant Britain averted a default position of departing the bloc at 11pm tonight, April 12, without a deal in place. But despite the added time to thrash out
Read in Express: https://apple.news/ACveuRRtiP_
BREXIT uncertainty is weighing on the European economy and the eurozone is running out of options to boost growth, according to UBS chairman Axel Weber. The UK is currently scheduled to leave the European Union on October 31, 2019, after Theresa May managed to secure a deadline from the remaining EU member states. Securing a Brexit pushback meant Britain averted a default position of departing the bloc at 11pm tonight, April 12, without a deal in place. But despite the added time to thrash out
Read in Express: https://apple.news/ACveuRRtiP_
The International Monetary Fund (IMF) says it was surprised by the recent slowdown in the euro zone but expects growth to pick up again.
Read in CNBC: https://apple.news/ABqSnSn_
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Sunday 4/14/19 did update on the indicative rates Sell Rate 1190
The currency auction is 203,728,451
There are no news and announcements.
Value Traded
1,085,652,009
Shares Traded
1,334,980,445
ISX ended in Green
Kauaihn Chatter:dd
http://www.dinarguru.com/
4-14-2019 Newshound Guru Kaperoni ...If and when the dinar begins to rise it will be gradual via a float to counter pressure...created from investment
4-13-2019 Intel Guru MarkZ I am told we are all done in Iraq...just waiting for the CBI to announce it...Ministers do not need to be announced in Iraq...[WHAT IS YOUR PERCENTAGE **NOW** ...FOR THE BANKS STILL ON MONDAY?] I am still saying 99.9%...We are so stinking close! [post 2 of 2]
4-13-2019 Intel Guru MarkZ I got one very excited call...he’s the attorney who helped set up my SKR…He said our funding is in place…CMKX in position... he said they can see the numbers... I am still excited but had been hoping we would be doing cartwheels already this morning... No holdup…just logistics as they position for release. [...they are doing testing today.] I am being told same thing...there is a lot of testing and a lot of pinging…there is a whole lot to watch today. [post 1 of 2....stay tuned]
4-13-2019 Intel Guru MarkZ I got one very excited call...he’s the attorney who helped set up my SKR…He said our funding is in place…CMKX in position... he said they can see the numbers... I am still excited but had been hoping we would be doing cartwheels already this morning... No holdup…just logistics as they position for release. [...they are doing testing today.] I am being told same thing...there is a lot of testing and a lot of pinging…there is a whole lot to watch today. [post 1 of 2....stay tuned]
4-13-2019 Intel Guru MarkZ [...did Trump have to sign off on the GCR/RV to make it start?] Trump has to sign off just for his portion…he is not the end all...but he had to do his part. We are not waiting on the other things at this point. [When do you think we will be at the bank?] I’m thinking you and me and everyone will be banking on Monday. Remember to say “exchanging” not “cashing in”. Also I feel you should make your appointments ASAP...Don’t wait…. We all hope tonight is the night...
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Mahdi's website)
At the time this report was submitted, there were no new articles posted on PM Mahdi's website.
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ARTICLE 2 (from Government of Iraq twitter)
At the time this report was submitted, there were no new tweets posted on the Government of Iraq twitter account.
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ARTICLE 3-A
The House of Representatives votes on a resolution on floods and floods and ends the reading of five laws
2019/4/13 20:02
[Baghdad-where]
The House of Representatives voted in the ninth session of the second legislative term for the first legislative year in the fourth parliamentary session headed by Mohammed Halbusi on Saturday, in the presence of 202 deputies on a resolution on the wave of floods and floods sweeping the provinces, and ended the reading of five bills.
At the beginning of the meeting, the President of the Council announced the setting of next Monday as a date for holding the elections of the heads of parliamentary committees and their deputies and rapporteurs, after deliberation with the parliamentary blocs.
In the same matter, the Council voted to replace MP Anam Al-Khazali from the Finance Committee instead of MP Magda Al-Tamimi and to add Deputy Sadiq Al-Sultani to the Committee, as well as to vote on the number of meetings of the Council not less than 8 meetings per month.
The Council voted to add one representative to the Christian, Yazidis and Sabean constituents who joined the Awqaf and Religious Affairs Committee in addition to their membership in their original committees.
The Board also deferred the consideration of the appeals submitted on the validity of the membership of the members and the deputies because there is no quorum.
The Council concluded the first reading of the draft law on communications and informatics submitted by the committees of services and reconstruction, culture, media, tourism and archeology, which came to regulate and manage the communications and informatics sector in the Republic of Iraq and to determine the general policy for them and determine the competent authorities in the process of allocation and organization of frequencies and granting licenses and vacations and protect national wealth in these sectors and ensure the use And to encourage investment in the telecommunications sector and ensure the protection of the interests of beneficiaries and provide the best services to them and keep pace with technological development and support economic development in this area.
On the other hand, the President noted the Council to host the Finance Committee of the Governors who did not submit plans budgets of their provinces to be included in the law of the general budget, stressing the need to diagnose the sites of delay to find out the reasons for delaying the disbursement of budgets of the provinces by the government.
During the session, which was chaired by the First Vice-President of the Council, Hassan Al-Kaabi, the first reading of the draft law of the Federal Supreme Court, submitted by the Legal Committee, pursuant to the provisions contained in articles (52,92,93,94,97) of the Constitution of the Republic of Iraq in 2005 and to keep pace Changes in the democratic process and constitutional institutions and the practical application of the provisions of the law in force.
The Council called for the first reading of the draft law of the industrialization of the war and submitted by the Security and Defense Committee at the request.
The House of Representatives completed the first reading of the draft law of the second amendment of the Law of the Union of Geologists No. (197) of 1968 submitted by the Committee of Civil Society and Parliamentary Development Organizations in order to keep abreast of the changes in the practice of land-related work and the classification of geologists according to their experience in the work and grant the General Authority of the Union and its Council powers to keep up Economic variables and to punish those who violate the provisions of this law.
The Council completed the first reading of the draft law on the ratification of the Convention on the Avoidance of Double Taxation and the Prevention of Financial Evasion with respect to the income and capital tax between the Government of the Republic of Iraq and the Government of the United Arab Emirates, submitted by the Foreign Relations, Finance and Integrity Committees, which aims at developing and strengthening economic relations between the two countries and avoiding duplication Tax and prevent evasion of taxes on income and capital in them and to ratify the Convention on the avoidance of double taxation and prevention of financial evasion in respect of income tax and capital between the Government of the Republic of Iraq and the Government of D United Arab Emirates.
The Council also completed the reading of a report and discussion of the draft law on the seizure and confiscation of movable and immovable property belonging to the pillars of the former regime No. 72 of 2017 submitted by the Finance, Reconciliation, Tribal, Religious and Legal Committees.
The deputies' interventions focused on the importance of canceling the decisions of the dissolved Revolutionary Command Council, including the seizure of the funds of the revolutionists in 1999 and the return of their families, in addition to reducing the object of objection and making it six months instead of two years, and calling for the formation of a committee of the competent parliamentary bodies to follow up the real estate file.
In its response to the interventions, the Committee called for the return of the bill to the Presidency of the Council of Ministers because of the large number of objections.
For his part, the President of the Council Mohammed Halbusi held a joint meeting between the financial and legal committees on hosting the body of the issue and justice and take its comments as the body of implementation.
On the wave of floods and floods, the Council voted on a parliamentary resolution stating that "in view of the exposure of the governorates of Iraq in general and Maysan, especially from the floods of frequent rains and floods, resulting in the displacement of families and the destruction of areas of plantations and damage to the residential role of citizens decided the House of Representatives, The Parliamentary Committee follows the decisions of the crisis cell established for this purpose and follow up the implementation of its decisions. The committee formed by the House of Representatives, headed by the first deputy chairman of the council, shall be no more than nine, and the recommendation to the Council of Ministers. And resulted in the use of materials that allow the government in the budget law relating to the emergency grant and also the amount of four trillion dinars allocated to the government to cover the operational and investment expenses to allocate to the province of Maysan amounts commensurate with the magnitude of the damage suffered, and obligate ministries and government institutions to mobilize all efforts and mechanisms in order to encircle The crisis and prioritize it in the most affected provinces and other provinces, including the Kurdistan region, and coordinate with international institutions and organizations concerned with relief and shelter, including World Heritage Organizations The Marshlands are listed on the World Heritage List, and the compensation of the affected farmers and citizens directly and immediately through quick measures taken by the government in this regard by adopting the budget referred to previously and taking all necessary measures for the reconstruction and maintenance of roads, bridges, dams and systems in all of Iraq, In order to continue the wave of floods and floods and priority for the affected provinces, and take all the necessary measures to address the deteriorating situation in the camps for displaced people and to give this issue the importance of the suffering of displaced persons from difficult humanitarian situations Da, and provide allocations necessary for the provinces and the Ministry of Displacement and Migration, the High Commission for shelter and relief of displaced persons using the same materials referred to in the General Budget Law, and the release of the name of the martyr Hazem al-Haidari, one of the bridges of Maysan province, to sacrifice himself in order to ward off the dangers for the people of the province and promoted according to the contexts of fundamentalism. "
The meeting was then adjourned to Monday 15/4/2019.
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ARTICLE 3-B
The parliament session will be adjourned to next Monday after the completion of the law of seizure and confiscation of funds of the former regime
BAGHDAD - Iraq-Presse April 13: House of Representatives completed the ninth minutes of the second legislative term of the legislative year, the first parliamentary fourth session under the chairmanship of Mohammed Halbusi on Saturday 13/4/2019 in the presence of 202 deputies read the report and discuss the draft law book and confiscation of movable and immovable property belonging (72) of 2017 submitted by the Committees of Finance, Reconciliation, Tribes, Religious and Legal Affairs.
Focused interventions of the House of Representatives on the importance of cancel the dissolved Revolutionary Command Council resolutions, especially contained reserve funds rebel uprising in 1999 and the restoration of her family, in addition to reducing the material object and make it six months instead of two years, and demand the formation of a committee of the competent authorities in Parliament to follow the real estate file.
In its response to the interventions, the Committee called for the return of the bill to the Presidency of the Council of Ministers because of the large number of objections.
For his part, President of the Council Mohammed Halbusi the face of the convening of a joint meeting between the financial and legal committees on host body and the issue of justice and it took her remarks as the body concerned Baltniv.badha decides to adjourn the meeting to next Monday. Finished
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ARTICLE 4
Deputy: Representatives of the people refuse to try 20 thousand "Daqi" in Iraq
2019/4/13 20:54
[Baghdad-where]
The representative of the coalition of forces Gidaa Kambash, Saturday, that representatives of the people refuse to receive 20 thousand "da'ashi" to be tried in Iraq.
"We have heard in the past few days that there are external pressures on Iraq to ensure that 20,000 people are sent to trial within the country in return for a request for trial fees," Kambash said at a press conference held in the House of Representatives. To 10 billion dollars. "
The MP called on the coalition of forces, the government to "deny the news," asserting that "if the news is true, we as representatives of a people we refuse to receive Iraq, even if the purpose of the trial."
"It was supposed to compensate the families of the victims of Da'ash by the countries of the elements of the terrorist organization, and also asked America to compensate Saudi Arabia for the victims of 11 September."
An Iraqi government official has revealed in recent days that Iraq has proposed to the international coalition countries to prosecute foreign militants, who joined the organization "Daash", for a sum of up to two billion dollars.
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ARTICLE 5
Counterterrorism Agency: This period will be the end of any terrorist presence in Iraq
2019/4/13 21:11
Baghdad - where]
The anti-terrorism agency announced on Saturday a new strategy to focus on intelligence work in accordance with the principle of deep consultation to track the remnants of an organization calling for targeting the areas where it is trying to create a safe haven, pointing out that this period will be the end of any "terrorist" presence in all regions of Iraq .
"After the defeat of the terrorist organization in Mosul and the restoration of the cities under its control, the anti-terrorist forces returned to their main tasks in targeting and dismantling terrorist networks and pursuing high-level targets. With the reorganization of the leadership and units, The specialized training and quality training in the fight against terrorism and special operations in anticipation of any emergency so that all units are ready in various conditions and environments from rugged mountainous and natural caves to flat and clay as well as river environments and open areas and In addition Hraoah to break into the built-up areas. "
He added: "This coincides with the development of media and psychological plans to counter terrorist ideology and the destruction of ideology and ideology of terrorism and coordination with the competent authorities to develop solutions to the problems that lead to the deviation of young people and their impact on the thought of terrorism as well as the intelligence effort and high-level coordination with regional and international counterterrorism agencies to exchange information" .
He pointed out that the agency "moved to the strategy of intelligence work according to the principle of deep surveillance to trace the remnants of the organization and target the areas in which it tries to create a safe haven, especially desert areas, mountains and areas with difficult terrain through which to carry out acts of retaliatory terrorism in the form of rapid operations and quality aimed at the largest number The loss of civilians and also have a wide media resonance and spread an atmosphere of fear and fear in terms of seducing the population who are motivated by retaliation from the state and the exploitation of youth in those areas of intimidation and the reluctance and psychological impact on others. "
He added: "Therefore, the anti-terrorism apparatus has been keen to show the defeat of the organization in Mosul after the bombing of Al-Nouri Mosque to prepare and prepare future plans for confrontation with the terrorist organization by focusing on the intelligence effort based on knowledge of the intentions and objectives of the organization after losing cities and developing civil Only intelligence from the direct human effort, but the use of the means of modern technologies and open sources based on monitoring and follow-through means of tracking and modern communication. "
"In accordance with the directives of the commander-in-chief of the armed forces Adel Abdul Mahdi and under the direct supervision of the head of the anti-terrorism apparatus, we determined that this period will be the end of any terrorist presence in all regions of Iraq to thwart the plans and objectives of the organization to return and influence on the outskirts of cities."
The statement stressed "the need to complete the requirements of the anti-terrorism apparatus to prepare the aviation system of the device according to technical specifications required by the functions of the device."
"I thank the Commander-in-Chief of the Armed Forces for his full support to the Anti-Terrorist Service and the Ministry of Defense, as well as the International Alliance for its technical and logistical support for the counter-terrorism operations," the statement said.
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