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(Baghdad: Al-Furat News) President of the Republic Barham Salih received on Monday the head of the Alliance for Reform and Reconstruction Mr. Ammar al-Hakim.
A presidential statement received by the agency {Euphrates News} a copy of the two sides "discussed the developments of the political and security situation in the country, and openness in Iraq's relations with its Arab and regional environment." Also reviewed President Saleh and Mr. Ammar al-Hakim, "consultations of the political blocs to complete the remainder of the government formation and support the work of the government to achieve what the Iraqi citizen seeks services and a decent life."
Abadi discussed with Ghazi the need to complete the building of the state institutions
(Baghdad: Al-Furat News) President of the coalition of victory Haider Abadi, Secretary-General of the Council of Ministers Hamid al-Ghazi.
A statement from the office of Abadi said that during the meeting was discussed the overall situation of the country and serious work by all to complete the construction of the state institutions, which contributes to the requirements of citizens in all areas. Abadi stressed that Iraq has undergone great challenges over the past years and has successfully passed through the country and facing the other challenges of reconstruction and preservation of what has been achieved and it is important that we succeed.
Minister of Planning Arrives in Beirut to Participate in the Arab Forum for Sustainable Development
Editorial date: 2019/4/9
(Baghdad: Al-Furat News) Planning Minister Nouri Sabah al-Dulaimi arrived in Beirut on Monday.
Al-Dulaimi will participate in the Arab Forum for Sustainable Development, which will be chaired by Iraq's Minister of Planning with a high-level presence from Arab countries and representatives of regional and international organizations. Al-Dulaimi said after the meeting with an official delegation from the Lebanese government and a number of organizers of the conference that "the forum represents an important dialogue station to highlight issues of priority at the Arab and international levels, and enhance the active participation of stakeholders in achieving the goals of sustainable development and follow-up implementation. And discuss joint relations. " He pointed out that the Forum represents a cornerstone for establishing a harmonious environment and agreeing on participatory and inclusive mechanisms that contribute to achieving a renaissance of awareness towards sustainable development with its social, economic and environmental aspects, and the optimal investment and sustainability of resources for future generations. The Arab Forum for Sustainable Development will be held this year under the theme "Empowering people and ensuring universality and equality in the Arab region", organized by the United Nations Economic and Social Commission for Western Asia (ESCWA), and during its presidency of the Forum, Iraq will play an important role in bringing the voice of the Arab region to the high- Which will be held in New York in July, by presenting the report of the Forum at the main session devoted to regional experiences
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The head of the Basra Council: We will go to the Prime Minister and the Commission to determine the referendum of the region
(Baghdad: al-Furat News) The head of the Basra Provincial Council Sabah al-Bezouni, to go to the prime minister and the Commission for the purpose of determining the referendum of the province to maintain.
He said Albzony {for the Euphrates News} that "the provincial council will go to the presidency of the Council of Ministers and in turn will direct the Commission to determine the date of the referendum for the province of Basra." And asked "why fear of the son of Basra and his will, called the son of Basra decides to approve the territory or not." The Basra provincial council voted by majority during an extraordinary session held on April 1, to proceed with the transfer of the province to a province, and decided to form a committee to follow up the implementation of the steps to establish the territory from the legal point of view. A source close to Prime Minister Adel Abdul Mahdi, commenting on the vote of the Basra Council that "the vote of the Basra Governorate Council is illegal, because the Council is not currently entitled to take any decision, the fact that the temporal validity of its work ended, and is currently the Board of ordinary conduct, and such a resolution , If the Council wants to take, it will be entitled to a new council, elected by the people of Basra. The constitution gives the right to establish the territory on the condition that it is not sectarian. It gives freedom to a governorate or several governorates to submit a request to move to a territory after a referendum by the Electoral Commission. More than half of the citizens in that province, ".is over
Gazprom Announces Increased Production in Kurdistan
ERBIL — Russia’s Gazprom Neft announced on Thursday that it has increased its production at the Sarqala field in Kurdistan Region.
The giant oil company said a new production well has helped boosting the production at the field by 25%.
“Potential production at this new well is estimated at 12,000 bpd. Cumulative daily oil production at the field, following the commissioning of the Sarqala-3 well, has increased by 25% reaching 35,000 bbl,” World Oil reported.
“The well runs to a TD of 3,291 m, with drilling having been undertaken under the challenging geological conditions of the Sarqala field—anomalously high pressure and reservoir temperature having demanded the use of a selection of 11 technological solutions. The construction of the Sarqala-3 well has, as a result, involved the use of large-diameter casing pipes with ultra-strong thread connections, weighted drilling mud for bottom-hole flushing, and cement incorporating mineral-based and iron-oxide additives.”
The oil products are supplied by the Municipality of Baghdad, the farmers of Muthanna and Wasit, and the Korean company executing the Basmaya fuel project
(Baghdad: Al-Furat News) revealed the Director General of the distribution of petroleum products Kazem Masir Yassin, the processing of large quantities of oil derivatives for various service and investment, including {Amanah Baghdad, farmers of the provinces of Muthanna and Wasit, Hanwa Korean company implemented the project Basmaya housing} The company's equipment, in its endeavors and approach to give service aspects great importance.
"We have supplied more than 4 million liters of gas oil and 288,000 liters of petrol to the Municipality of Baghdad Municipality for the purposes, equipment and generators belonging to the Secretariat during the month of March," Yassin said. "We have also issued a processing order to equip the farmers of Muthanna province more than one and a half million liters of diesel fuel and the Essaouira district of Wasit province with 72 thousand liters of the same product and subsidized price." He pointed out that "farms are available to determine their share according to the area planted or depending on the mechanisms, pumps and agricultural withdrawals."
In a related context, the director of the processing equipment in the distribution company, the preparation of Hanwa Engineering Korean company specialized in construction and investment projects, and implemented the project Basmaya housing during the month of March in two million liters of gas oil and one million liters of gasoline for the purposes of machinery and equipment of the Korean company to complete the implementation of the project Basmaya housing Which serves different segments of the citizens, noting that the plans prepared by the company aims to support all investment projects by facilitating the actions taken and overcoming obstacles in terms of processing the fuel needed. It is worth mentioning that the Oil Products Distribution Company always supports investment, service and agricultural projects through its commitment to equip them with all their fuel needs, thus contributing to the promotion of all vital and important sectors in the country.
ERBIL - The federal government has ordered the dismissal of a Kurdish official in the disputed province of Kirkuk, a source revealed on Monday.
Head of Directorate for Internal Affairs in Kirkuk, Yadgar Shkwr, was removed from his post on Monday by the central government for unclarified reasons, a source told Kurdistan 24 on condition of anonymity.
The source pointed out that the Kurdish official was replaced by someone else who came into the Kurdish director's office on Monday with an official order from Baghdad.
He noted that the prolonged removal of Kurdish officials in Kirkuk is to weaken the presence of the Kurds in the province, calling for an end to these "violations" against the Kurds.
Tens of Kurdish officials have been removed from the office since the October 2017 military incursion when the Iraqi forces and pro-Iranian Hashd al-Shaabi militias overran the disputed Kurdish territories.
Abu al-Hail resigns, accuses Iraqi Media Network's head of defaming him
Mujahid Abu al-Hail, a member of the Board of Trustees of theIraqi Media Networkand the former head of the network, submitted his resignation to the prime minister, accusing the new head and the board of working to ruin his reputation.
Abu al-Hail was dismissed from his post as the head of the network in February this year, over alleged fraud and other violations.
Hail said on Monday that he is targeted through an organized campaign targeting him on a daily basis by some of those affiliated with the new administration of the network.
He accused the new head and the board of trustees of trying to distort his reputation and defame him, by accusing him of fraud. He added that those officials are conspiring with some of the influential parliament members and other officials.
Hail, in his resignation, called on Prime MinisterAdil Abd al-Mahdito immediately reconstruct the new Board of Trustees in accordance with the law of the network.
"We promise that we do not run for membership of the board again, and that we do not deal with the public affair, in order to preserve the rest of our reputation and our positive energy, which was depleted by conspiracies and intrigues," Hail stated.
US to Cut Diplomatic Staff in Baghdad, Erbil: Report
ERBIL — The United States is planning to reduce the number of its diplomatic personnel stationed in Baghdad and Erbil, a report claimed.
Washington is considering a similar plan also in Afghanistan, according to US officials cited by Foreign Policy magazine.
The plan is said to be put into action as soon as this and next year.
The move is apparently in line with the US efforts to compete Chinese and Russian growing hegemony elsewhere in Africa.
'We are regularly hearing from Africa that we are outnumbered by the Chinese diplomats working on economic or other issues 4 or 5 to 1. We cannot continue to concentrate all that money in Afghanistan and Iraq', a senior US State Department official told the Foreign Policy.
According to a plan that has yet to be approved, between 20 and 30 US diplomats in Iraq may lose their positions this year, and another 30-50 percent of the staff of US diplomatic missions in Baghdad and Erbil may be cut next year, Sputnik reported.
7 men and women arrested for trafficking in human beings in Baghdad
The Federal Police Command announced on Monday the arrest of seven men and women on charges of trafficking in human beings in the capital Baghdad. The federal police arrested a gang of human trafficking in the Zaafaraniya area, consisting of seven men, three men and four women, by the third regiment, the 3rd Brigade, the 1st Federal Police Division," a statement issued by the federal police command said. They were handed over to the competent authorities," the statement said.
The Directorate of Education Maysan not exposed any school in the province to sink.
The director of education Riad al-Saadi told (independent), Monday, that the schools in the northern sector of the province safely so far did not face any school to flood, explaining that he visited schools in this sector yesterday, including the school of Islamic call, which is away from the Western Ali 40 km.
He pointed out that the Directorate directed to take all precautions, which is the lifting of the register of restrictions and management and teachers and checkbooks from the school and keep them in another place to keep them in the event of the evolution of things, and directed the presence of service staff and night guards in order to notify the Department of any emergency.
Al-Saadi pointed out that the northern section includes 42 schools, 35 primary and five secondary and two kindergartens, calling on the media to investigate the credibility in the dissemination of news and not to adopt false news that broadcast fear and panic among citizens
It is worth noting that the government has taken action to open the Tigris column towards Hor Al-Musandek to ease the rise of water to face the danger of flooding.
Fears of the collapse of 18 bridges in one province
BAGHDAD (Reuters) - A number of members of the Sulaimaniyah provincial council have asked to host three officials in Sulaymaniyah and the Karamian administration to give information about the fears of the collapse of 18 bridges along the border.
"The legal number of the members of the various blocs submitted their signatures to the presidency of the Council, with the aim of hosting the Director General of the reconstruction and roads and housing in Sulaymaniyah and the director of protection and repair of roads in Sulaymaniyah and the road manager in Karamian. "The reason for hosting the three officials is to follow up the fears of the collapse of some 18 bridges in the Sulaymaniyah province and the Karamian administration because of heavy rains this year and the occurrence of floods," Ahmed said.
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
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Here’s what’s wrong with letting wealthy people solve the world's problems Quartz
Giving money to charity sounds like a pretty good, simple, unimpeachable proposition. But it's not. Philanthropy is rich with moral contradictions, as Anand Giridharadas explains in his bestselling 2018 book Winners Take All: The Elite Charade of Changing the World. The good deeds of the wealthy, the Time magazine editor-at-large argues, are made possible by ill-gotten...Read the full story
A Great Way for Retirees to Have Predictable Income
Barron's
One of the best ways to own bonds is with a bond ladder, a strategy which entails buying bonds that mature in different increments.Read the full story
GLOBAL MARKETS-Asia shares underpinned by U.S. job news, China stimulus
From a kidnapped American tourist's return to Trump's tax returns, here's what to know from the weekend.Read the full story
OIL/COMMODITIES/ENERGY
China Is on a Big Gold-Buying Spree
Bloomberg
China’s on a bullion-buying spree. The world’s second-largest economy expanded its gold reserves for the fourth straight month, adding to optimism that central banks globally will continue to build holdings.Read the full story
PRECIOUS-Gold treads water as solid U.S. jobs data lifts risk assets
Reuters
Gold was little changed on Monday asstrong U.S. jobs data boosted investors' appetite for riskierassets, with markets awaiting minutes of the Federal Reserve'sMarch meeting later this week.Read the full story
Gold Prices Gain Despite New Progress In Trade Talks, Strong U.S. Job Data Investing.com
Commodities Apr 08, 2019 04:34 GMTInvesting.com- Gold prices gained on Monday in Asia despite a stronger-than-expected U.S. job data that showed employment leaping from a 17-month low. Gold futures traded on the Comex division of the New York Mercantile Exchange was up 0.4% to $1,300.55 an ounce by12:20 AM ET(04:20 GMT). Gold prices started April lower after China’s Caixin index suggested the country’s manufacturing sector was recovering from a sharp slowdown. Meanwhile, reports thatRead the full story
CRU-CESCO-Copper producers gather; electric cars seen driving demand growth Reuters
Global copper producers areconverging in Chile this week as tightening supply buoys prices,even as the industry grapples with declining ore quality,project delays and worries the U.S-China trade war may hitlong-term demand.Read the full story
Gas prices up, poised to go even higher as US mulls Iran oil waiver extensions
Fox Business
Gas prices that have already risen for seven weeks in a row, with the national average now near $2.70 per gallon according to AAA, are poised to go even higher in the next few weeks. Here is why and what to expect.Read the full story
Gas prices up, poised to go even higher as US mulls Iran oil waiver extensions Fox Business
Gas prices that have already risen for seven weeks in a row, with the national average now near $2.70 per gallon according to AAA, are poised to go even higher in the next few weeks. Here is why and what to expect.Read the full story
Energy deals drop to 10-year low in first quarter
My San Antonio
Wheeling and dealing in the oil patch crashed in the early days of 2019, according to a new report from the analytics firm Drillinginfo. The Austin-based company said domestic oil and gas merger-and-acquisition values plunged to a record 10-year low in the quarter, dragged down by a slump that began in late 2018 with collapsing crude prices that carried over into the first quarter. Deal values totaled $1.6 billion in the first quarter, down 91 percent from the fourth quarter of 2018 and 93Read the full story
Oil markets are ready to go up not down: FGE chairman
CNBC
Fereidun Fesharaki, the chairman of FGE, discusses the oil markets and the impact from Presdient Donald Trump.Read the full story
Oil prices hit five-month highs on OPEC supply cuts, U.S. sanctions
Reuters
Oil prices rose to their highest levels since Nov. 2018 on Monday, driven up by OPEC's ongoing supply cuts and U.S. sanctions against Iran and Venezuela.Read the full story
BANKS/BANKING/CREDIT
Wall St Week Ahead-RPT-Big banks to report Q1 results with lowered expectations
Reuters
(Repeat of item initially transmitted on Friday, April 5) By Stephen Culp NEW YORK, April 7 (Reuters) - Investors will focus onfalling profits, a more dovish Federal Reserve and lowerinterest rates as major U.S. banks kick off what analysts expectto be the first quarter of contracting corporate earnings since2016.On Friday, April 12, JPMorgan Chase & Co and WellsFargo & Co will post results to begin the earningsseason in earnest. Citigroup Inc and Goldman Sachs GroupInc will report theRead the full story
Saudi Banks to see double-digit asset growth by early 2020 - Samba CEO
Reuters
Samba Financial Group,Saudi Arabia's third-largest bank by assets, expects Saudi banksto see double-digit asset growth by early 2020, supported bygovernment plans to diversify its oil-based economy, its chiefexecutive told Reuters.Read the full story
Bank of Japan morphs into a hedge fund
Asia Times
The central bank is trapped in a position where it can't easily extract itself from the equities marketRead the full story
China to step up bank reserve ratio cuts to help small firms: state media
Reuters
China will step up its policy of targeted cuts to banks' required reserve ratios to encourage financing for small and medium-sized businesses that play a key role in economic growth, official media reported on Sunday.Read the full story
Your credit score may be too good to be true
Bloomberg
Consumer credit scores have been artificially inflated over the past decade and are masking the real danger the riskiest borrowers pose to hundreds of billions of dollars of debt.Read the full story
TREASURIES/BONDS/STOCKS
Wall Street prepares to profit off looming global credit crunch
New York Post
Wall Street is hiring like gangbusters — because of a looming global credit crunch that could roil markets, and torpedo funds and businesses. Firms are signing on professionals to profit off a mountain of near-junk corporate debt, according to insiders. The Street is thought to be gearing up for the doomsday scenario some are expecting: a massive wave of corporate debt defaults, bankruptcies, restructurings and widespread layoffs. But there is an immediate upside. Until the chips are cashed in,Read the full story
The top 10 US IPOs in the last decade and how their stock performed
Yahoo Finance
2019 is poised to be a hot year for IPOs, but looking back on the past decade, these are the top 10 U.S. IPOs based on valuation at the time of debut.Read the full story
The stock market has been on one of its strongest runs in two decades, but a looming pullback in earnings poses a threat to its rise.Read the full story
10 Investing Tips From Peter Lynch That You Shouldn't Ignore
The Motley Fool
Take advantage of valuable wisdom from the best mutual fund manager of all time.Read the full story
Economy Apr 08, 2019 09:44 GMT Here are the top 5 things you need to know in the markets on Monday, April8 1. Wall StreetSet to Open Lower Wall Street is set to open the week in cautious fashion, consolidating after last week’s gains.At 05:30 AM ET, the S&P 500 futures contract was down 4.6 points or 0.2%, the Dow futures contract was down 57 points, or 0.2%, while the tech-heavy Nasdaq 100 contract was down 14 points, also a drop of 0.2%. After a weekend without clear progress on U.S.-ChinaRead the full story
CRYPTO'S / DIGITAL CURRENCY
Ethereum [ETH] and Tron [TRX] Price Analysis: Bullish projection persists as ETH price break out patterns
AMBCrypto
The latest Bitcoin-propelled rally pushed the collective crypto-market to fresh gains. The bulls broke resistance levels for both Ethereum [ETH] and Tron [TRX]. At press time, the second largest crypto-asset ETH held a market cap of $17.27 billion and was priced at $163.6, according to the CoinMarketCap. The coin recorded a 24-hour trading volume of $6.75...Read the full story
Bitcoin [BTC] and Litecoin [LTC] Price Analysis: Coins march on with bulls leading the market
AMBCrypto
A collective bullish wave was witnessed in the cryptocurrency market as Bitcoin [BTC] and its silver counterpart Litecoin [LTC] continued to garner positive valuation hikes and consolidated a strong stable price. The largest digital asset, according to CoinMarketCap, improved by 2.61 percent in comparison to the US dollar and recorded a massive $90.9 billion market...Read the full story
Bitcoin [BTC] market would be significantly driven by Wall Street, says eToro's Mati Greenspan
AMBCrypto
Bitcoin’s [BTC] recent bullish march had triggered price hikes for multiples tokens in the market. The Bitcoin price surge seemed to have a domino effect on Bitcoin futures trading and according to data released by Chicago Mercantile Exchange’s [CME], Bitcoin futures traded over $560 million over the last week. Mati Greenspan, an eToro Analyst, pointed...Read the full story
LTC Follows BTC: Unlike Ethereum and Ripple, Litecoin's Price Shows a Strong Positive Correlation With Bitcoin
Cryptopotato
The recent Bitcoin price surge above $5000 has caused the rest of the cryptocurrency market to follow suit and enjoy some of the benefits from the price increase. However, during this price increase, it has become apparent that some cryptocurrencies traded against Bitcoin are trending with Bitcoin, such as Litecoin, while others are not. Over the past seven days, Litecoin has enjoyed a price increase that totals over 50%. On the other hand, in the same period, cryptocurrencies such as Ripple andRead the full story
Will Bitcoin Replace Gold As Currency Standard? The Knowingly-Unknown Race
BlockPublisher
The founding partner of Adamant Capital, Tuur Demeester, has in a recent interview with Stephan Livera stated that bitcoin is maturing into a "full-fledged reserve asset, a full-fledged digital gold and full-fledged money". Alongside Tuur, many other experts in crypto consider bitcoin as the digital gold. So why are these comparisons between bitcoin and gold...Read the full story
Litecoin Price Continues to Rip Pre-Halvening, But May Need a Correction-Bitcoinist.com
Litecoin (LTC) continues to lead the altcoin market with a recent push to establish an even higher level of support and sustain trading in a new range against Bitcoin (BTC). Litecoin’s Weekly Chart When trading against Bitcoin (BTC), Litecoin (LTC) has respected each level and zone created by a simple Fibonacci Retracement measure. Chart courtesy of TradingView. Litecoin broke out in February following news that the altcoin project plans on implementing confidential transactions as some point inRead the full story
CURRENCIES
Forex - Dollar Little Changed as Brexit Deadline Approaches
Forex Apr 08, 2019 07:20 GMTInvesting.com-- Foreign exchange markets have started the week quietly in Europe, with both the major European currencies in holding patterns ahead of a crucial week for Brexit, while the dollar is still drifting as it waits for hard news of trade deal between the U.S. and China. The European Union has to decide at a summit on Wednesday whether it’s willing to push back the deadline for the U.K.’s departure beyond the default date of Friday. Expectations are thatRead the full story
Forex - U.S. Dollar Slip Following Job Data; U.S.-China Trade Talk in Focus
Forex Apr 08, 2019 05:02 GMTInvesting.com- U.S. dollar slipped on Monday in Asia following the release of the country’s job data. Progress on the Sino-U.S. trade front remained in focus after the latest round of negotiations wrapped up last Friday. The U.S. dollar index that tracks the greenback against a basket of other currencies was down 0.1% to 96.860 by12:59 AM ET(04:59 GMT). On Friday, government data showed U.S. nonfarm payrolls rose by 182,000, which is more than the expected 175,000Read the full story
Holidaymakers set to shed pounds - owing to currency rip-offs
Daily Mail
Budgets will be squeezed most if they swap currency at the airport, spend using bank cards, press the wrong buttons at a foreign cash machine or swap leftover holiday money at the wrong bureau.Read the full story
Australian dollar falls - Inside Retail
Inside Retail
Aussie dollar falls against US counterpart. The post Australian dollar falls appeared first on Inside Retail.Read the full story
UPDATE 1-China's March forex reserves rise to 7-month high
Reuters
* March FX reserves climb to $3.099 trln vs $3.090 trln inFebRead the full story
Asia Stocks Mixed; Yen Gains; Oil Rises on Libya: Markets Wrap
Bloomberg
Asian stocks kicked off the week in mixed fashion as investors digested the progress made on trade last week and U.S. employment data Friday. Oil rose as fighting in Libya raised the risk of supply outages.Read the full story
HEALTH / SCIENCE
New treatment could offer hope to pancreatic cancer patients
NBC News
Pancreatic cancer is one of the deadliest, with most tumors detected too late. Now a team at the Mayo Clinic has developed a novel way to attack tumors once thought inoperable that could extend patients’ lives.Read the full story
A mysterious infection, spanning the globe in a climate of secrecy
The New York Times
The rise of Candida auris embodies a serious and growing public health threat: drug-resistant germs.Read the full story
21 Things No One Ever Told You About Your Sleep Health
Bustle
How long is the perfect nap? Does sleeping in on the weekend actually help you catch up on sleep? Why am I so slap-happy when I stay up late? If just talking about sleep makes you want to curl up and take a quick snooze, perhaps you should review…Read the full story
Real cost of heart attacks and strokes: Double the direct medical expense
Sophia Antipolis, 7 April 2019: The full financial cost of a heart attack or stroke is twice as much as the medical costs when lost work time for patients and caregivers is included. That's the finding of research published today, World Health Day, in the European Journal of Preventive Cardiology, a journal of the European...Read the full story
Just 1 drink a day might increase risk of stroke: Study
These tips can make it easier to fulfill your obligations to the IRS.Read the full story
How the New Tax Law Created a ‘Perfect Storm’ for Roth IRA Conversions
Barron's
The new Tax Cuts and Jobs Act makes Roth IRAs even more attractive and they can provide insurance against future tax rate increases.Read the full story
Taxes From A To Z 2019: U Is For Unadjusted Basis
Forbes
It’s my annual Taxes from A to Z series! U is for Unadjusted Basis.Read the full story
Kirstjen Nielsen resigns as DHS chief after clashes with Trump on immigration
CBS News
Customs and Border Protection Commissioner Kevin McAleenan will serve as acting DHS secretaryRead the full story