Sunday, May 12, 2019

WOTS Friday 5/10/19

WOTS Friday 5/10/19

WOTS Friday 5/10/19:
 
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SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1163.4000  1216.9000 1185.0000 1185.0000 1185.0000  0.4000 05:01
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 USD/IRR  0.0000  0.0000 42000.0000 42000.0000 42000.0000  0.0000 05:01
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DC NY Iraq Articles:dd

Barzani receives US delegation in Arbil

10-05-2019 11:29 A  
President of the Kurdistan Democratic Party Massoud Barzani received a delegation of officials of the US State Department, the summer resort of Salah al-Din in Erbil A statement issued by Barzani's office said that discussions with the US delegation on the continuation of the threats and the threat of the terrorist threat to security and stability in Iraq and the region. While the US delegation stressed that the improvement of relations between the region and Baghdad is in the interest of both sides.

Sources: Do not complete the cab in Ramadan and the government is preoccupied with emergency order

 
10/05/2019 306
The political dialogues, announced by the Iraqi parties on a permanent basis, do not seem to have reached solutions on completing the cabinet of Prime Minister Adel Abdul Mahdi. 
Seven months ago, negotiations and public meetings did not produce a solution to the dilemma of the ministries that remained vacant - defense, interior, justice and education - with the paralysis of Prime Minister Adel Abdul Mahdi's government program promised in October. Government. 
It is also unlikely that the government's incomplete file will be completed during the current month of Ramadan (continuing until the first third of June) due to the holidays provided by the parliament itself, not to mention the preoccupation of the prime minister and his team with the energy file that was suddenly surrounded by the series The United States sanctions against Iran; providing a substitute for liquid gas to power the country's power plants is more important for Abdul-Mahdi than talking to the parties about vacant ministries as the hot summer approaches Iraq. Current disorders and demonstrations In the south, the chances of Iraq securing electricity from a country other than Iran are low, and this is what worries officials in Baghdad. 
A member of the alliance, "Saron" supported by the leader of the Sadrist movement Moqtada al-Sadr, "The differences have not been addressed, until this moment, between the parties on the names of candidates for the ministries obtained by the method of quotas; After the end of the crisis Faleh Fayyad, who tried to win the Ministry of Interior, Is the great node, as did not result in understandings with the coalition of construction (led by Hadi Amiri), to reach any agreement. " 
He added that "the Kurds did not agree on the Ministry of Justice, because the Kurdish parties want to end the file completion of the Kurdistan Regional Government and then return to Baghdad, and the same applies to the Ministries of Defense and Education."
For her part, said a member of the Kurdistan Democratic Party, Ashwaq dry, in a press statement, "The talks between the Kurdish parties for the formation of the Kurdistan Regional Government, with positive results, and related to the electoral benefits, knowing that the winner of the largest results and the first winner is the Kurdistan Democratic, But of course the new results will have a good effect on the positions of the Kurdish parties in Baghdad, complete the government and end the debate on the Ministry of Justice. " 
She pointed out that "the remaining positions are a quota for the Kurds in Baghdad, and will end in the coming days or weeks, but we want these positions to be the beginning of the unity of the Kurdish class." 
Jafar criticized what she called "the government delay by Prime Minister Adel Abdul Mahdi, because the formation of the government does not depend on the Ministry of Justice, and there are three other ministries vacant, and for the two parties (the National Union and Democratic) in Kurdistan, they seek to ensure the formation of the government of the Territory first. 
The deputy of the reform bloc, Furat al-Tamimi, said that "the two big blocs in the House of Representatives, namely (construction and others), bear the responsibility of delaying and delaying government action because they have assigned Adel Abdul Mahdi to manage the file and have adopted the principle of quotas. Is supposed to complete the file cabinet lineup. " 
He said in a press statement that "the large blocs exercise political obstinacy and change positions, as the formation of the government during the current phase was based on political moods and not on negotiations and agreements." 
For his part, said political analyst Wathiq al-Hashemi, in a press statement, "All that is said about a political rapprochement to complete the cabinet is a fantasy. This was made clear during the first session of the second legislative term. The parties were supposed to vote on the candidates for the vacant ministries, but this did not happen, and this stubbornness and disagreement between the parties will continue. "
Al-Hashemi continued, "The differences are still large on the Ministries of Interior, Defense and Justice in light of the current struggle of the parties, not to mention large external interventions. As for Faleh al-Fayyad, it is not decided whether he is deputy prime minister for security affairs or about his stay as an adviser. But there is talk of Fatah and others seeking to share 600 sovereign positions of special rank. And this is what drives the parties now to form a bloc of more than 100 deputies, to be a front opposed to what the alliance seeks to conquest and Sultun, and Abdul Mahdi, far from what is happening between political parties.
 
HH The Amir sends a cable of condolences to the Iraqi President
 
 
 
2019/05/10  02:01 p
 
His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah
 
(KUNA) - His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah sent a cable of condolences to President Barham Saleh on Sunday, expressing condolences to the President and the families of the victims of the suicide bombing in Sadr City. He expressed his country's condemnation of Kuwait and its condemnation of this terrible terrorist act, which claimed the lives of innocent people and affirmed Kuwait's stand by the brotherly country and its support for everything it takes to protect its security and stability. That the wounded people should be able to recover quickly and well, and that the Republic of Iraq and its brotherly people should be protected from all evil.
His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah sent a cable of condolences to his brother President Barham Saleh on Sunday. The injured have a quick recovery and wellness.
His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah sent a similar cable of condolences.
 
 
Al-Kaabi calls for proactive measures to prevent any movement of terrorism
 
 
Political 11:55 - 10/05/2019
Baghdad Mawazine News
The First Deputy Speaker of the House of Representatives, Hassan Karim Al-Kaabi, called for proactive and "resolute" measures to be taken to prevent any movement of terrorism.
Al-Kaabi said in a statement received by "Mawazine News" that "the government and security agencies of all kinds and doubts, especially the Baghdad Operations Command to take proactive security measures and urgent and firm and take utmost care and caution to prevent any movement of terrorism and sleeper cells that are trying hard to exploit the stability of security conditions during blessed month of Ramadan".
He called on the media to be accurate and to extract information from their real sources and not to delve into figures and details of their presence on the ground
The head of a coalition of state law, Nuri al-Maliki, condemned the terrorist operation that targeted Thursday evening, a beautiful market in Baghdad and led to the fall of a number of martyrs and wounded innocent civilians.
"The operation that took place today is clearly a new terrorist project carried out by sleeper cells in order to intimidate citizens and destabilize the capital Baghdad," the statement said in a statement.
The head of the coalition of state law that "this criminal act reveals the brutality of its planners and its implementers, and our security forces and popular mobilization to raise the level of readiness to face the next phase to abort the schemes of terrorism and those behind him."
 
 
Human Rights Commission sue Kirkuk Provincial Council
 
 
Local 12:17 - 10/05/2019
 
Baghdad Mawazine News
The United Nations High Commissioner for Human Rights (OHCHR) said on Thursday that it has filed a lawsuit against the Kirkuk Provincial Council against the law of failing to hold hearings and shortening their duties and duties towards the governorate and citizens.
A member of the Commission Ali al-Bayati said in a statement, received / Mawazine News, a copy of it, "The Commission launched from the authorization in the Commission's Law No. 53 of 2008 Article 5 / IV, which obliges the Commission to initiate a lawsuit to the public prosecution in respect of violations against citizens for transmission To the competent courts. "
Al-Bayati added that "the Kirkuk Provincial Council has not held a meeting since October 16, 2017, which is contrary to the law of the irregular provinces in the region No. 21 of 2008, which delineates the functions of the provincial councils and drew the general policy of the province and determine priorities, causing damage to the province and the citizen at the security level And services and projects in the province. "
He explained that "the Iraqi Penal Code No. 111 of 1969 Article 364 shall be punished by two years imprisonment with a fine each employee or a public service employee deliberately leave his duties and had an impact on people's lives and health and harm them and their interests."
The statement concluded by saying that "the public prosecution in turn is thankful to refer the file to the Kirkuk investigation court to consider the case."
is over
 
 
Maliki: an explosion reveals a new terrorist project implemented by sleeper cells
 
 
 
Political  10/05/2019
Baghdad Mawazine News
The head of a coalition of state law, Nuri al-Maliki, the terrorist operation that targeted Thursday night, a beautiful market in Baghdad and led to the fall of a number of martyrs and wounded innocent civilians.
"The operation that took place today is clearly a new terrorist project carried out by sleeper cells in order to intimidate citizens and destabilize the capital Baghdad," the statement said in a statement.
The head of the coalition of state law that "this criminal act reveals the brutality of its planners and its implementers, and our security forces and popular mobilization to raise the level of readiness to face the next phase to abort the schemes of terrorism and those behind him."
Maliki called on the political spectrum to "assume its national responsibilities and unite its forces and unite its positions to support the security process."
"Mercy and forgiveness for the martyrs of the righteous and the healing of the wounded who have been afflicted by treachery in Akram month of months and the best hour of the hours."The Anti-
 
 
 
Kauaihn Iraq Articles:dd
 
 
The Iraqi Security Council headed by Adel al-Mahdi discussed the security situation with the National Council in Nineveh
 
 
 
Friday, 10 May 2019 12:00
 
"The National Security Council met under the chairmanship of the Prime Minister and Commander-in-Chief of the Armed Forces Adel Abdul-Mahdi," Abdul-Mahdi's office said in a statement reported by the Iraqi news channel Alsumaria News. He said that he briefed members of the Council on his recent visit to Germany and France and their results in favor of strengthening Iraq's position in its Arab environment Regional and international security, stability and economic, urban and service development .
He added that the Council discussed the settlement of the salaries of the employees of the ministries and security agencies, where he briefed on a detailed report on the mechanisms and steps followed and completion so far to implement the settlement of salaries of the security services, similar to state employees, and verified by the Emiratisation procedure to ensure the arrival of salaries to those eligible and access to facilities and financial loans granted, What is achieved by the Emiratisation of the preservation of public funds and fight corruption and stimulate the economy and banking movement .
The statement stressed that the security situation in Nineveh, the east of the country and southern Salahuddin province was discussed and the necessary measures to control security and order .
 
 
Talabani discussed with the US delegation to form a regional government
 
10/05/2019 12:30 AM | Number of readings: 224
Kubad Talabani, Deputy Prime Minister of the Kurdistan region with a delegation from the US State Department to form a new government and relations between the region and Baghdad. US Assistant Secretary of State for Near Eastern Affairs David Satterfield chairs the US delegation. The delegation during the meeting with Qubad Talabani in Erbil, his full support to accelerate the steps to form a new government for the Kurdistan region.
With regard to the Kurdistan region and Baghdad, the US delegation explained that with the strengthening of relations between the parties and develop and improve. The meeting was attended by the acting US ambassador to Iraq, Joe Hood, General Paul Lakamira, commander-in-chief of the coalition forces in Iraq and Syria, and Steven Vigan, US consul general in the Kurdistan region.
The Director-General of the Ministry of Labor and Social Affairs in the provincial government, Fouad Siddiq in a press statement briefed by the "Covenant News" that is scheduled in the next few days to start a new phase of the exchange of prisoners between the region and Iran, indicating that the process took place several times and the exchange of numbers Of prisoners between the two sides. He added that this time, fourteen Iranian prisoners in the region's reforms would be returned to their country, who had committed various crimes and were sentenced to prison, including people sentenced to death. Siddiq said that the process will take place in the middle of this month, and five prisoners from the Kurdistan region have been prepared to hand them from the Iranian side to the Kurdistan region, indicating that they will complete their sentences in the prisons of the region.
The statement stressed that the bloc supports the reconstruction of the official institutions of the Kurdistan region and the building of the state institutions, indicating that the reactivation of the Presidency of the region has a special importance for the region away from the subject of characterization of the institution as a sovereign and the orientation of the Communist Party is to participate seriously dialogue in all draft resolutions and amendments and have His own opinion. With regard to the decision to turn the party into an opposition, the Freedom Bloc is fully committed to party decisions and believes that the transformation of the opposition is to oppose the economic and social programs of the government and not to stand against government institutions. He added that the Freedom Bloc continues to perform its tasks with maximum responsibility and hopes that this will put an end to the defamation and distortion of high values.
 
 
 
Economist: Industry can be activated but what is happening is the destruction of plants
 
10/05/2019 11:30 PM |
 
Al-Ahed News - Baghdad
The economic expert, Salam Samisem, expressed the possibility of activating the industrial sector in Iraq, saying that "but what is happening now is the destruction of industrial facilities and turn them into accumulations of plants that have no effect."
"The industry can do at the present time and can enter the field of investment, and convert some of its lines from the military line to the civil line, after it was a laboratory for military manufacturing," Smisem told The Associated Press on Friday.
"There is a possibility to open the door of expertise with foreign countries and to benefit from the technology that it owns in activating the Iraqi factories."
"We did not see any serious plan, but on the contrary, they destroyed these facilities and turned them into accumulations of plants that had no effect," Smisem said
 
 
 
Jordanian-Egyptian-Iraqi agreement to increase trade and strategic partnerships
 
 
10-05-2019
 
AMMAN - Jordan, Egypt and Iraq agreed during the tripartite ministerial meeting held in Amman on Thursday to increase trade exchange, promote joint investments, build industrial integration and expand strategic partnerships.
The final communiqué of the meeting follows:
In the context of brotherly relations between the Hashemite Kingdom of Jordan, the Arab Republic of Egypt and the Republic of Iraq, and the Egyptian-Jordanian-Iraqi Tripartite Summit held in Cairo on 24/3/2019, which included His Majesty King Abdullah II Ibn Al Hussein, And the State of Dr. Adel Abdul Mahdi, Prime Minister of the Republic of Iraq.
He referred to the joint statement issued at the end of the summit, which affirmed the determination of the strategic coordination between the three countries and with the rest of the Arab brothers to restore stability in the region and work to find solutions to the crisis group facing a number of Arab countries.
Stressing the need to invest the potential offered by its geographical continuity and the integration of strategic and economic interests, under the delicate circumstances experienced by the Arab nation and the unprecedented challenges facing Arab national security.
In light of the ideas discussed by the leaders of the three countries, to enhance economic integration and cooperation, including the promotion and development of industrial cooperation and common industrial zones, and cooperation in the sectors of energy, infrastructure and reconstruction, as well as increased trade.
And in implementation of what was agreed between the leaders of the three countries on the importance of meeting periodically to coordinate positions and policies and achieve common goals and build balanced international relations, and the formation of a task force to follow up the work of the Summit, under the auspices of the three leaders.
A Jordanian-Egyptian-Iraqi tripartite meeting was held in Amman on 9/5/2019. His Excellency Dr. Tarek Al-Hamouri, Minister of Industry, Trade and Supply in the Hashemite Kingdom of Jordan, HE Dr. Saleh Al-Jubouri, Minister of Industry and Minerals of the Republic of Iraq, During which they discussed ways of cooperation, coordination and integration among the three countries, and discussed the preparation of plans and mechanisms to implement what was agreed upon during the tripartite meeting of leaders of the three countries.
The Ministers discussed specific proposals for enhancing economic and trade integration and cooperation between the three countries, and the following were reached:
First: To facilitate trade, increase the volume of trade between the three countries and address the non-tariff barriers facing the trade exchange between the three countries.
Second: Enhancing joint investments and building effective partnerships between representatives of the private sector in the three countries.
Third: Iraq's brotherly support in a reconstruction plan at various stages, in preparation for the participation of public construction companies, housing and construction materials companies and factories of all kinds in the three countries in Iraq reconstruction projects.
Fourth: Building industrial integration among the three countries, and promoting and developing joint industrial zones through cooperation in the field of SME development and support of innovation and entrepreneurship.
Fifth: Expanding the various strategic partnerships to provide new opportunities for investment and economic prosperity consistent with the stage of reconstruction and empowerment to be Iraq's platform of balance and economic base in the region and a point of convergence rather than a conflict between regional interests.
It also decided to set up a technical committee to meet periodically, including Mr. Yousef Al-Shamali, Secretary-General of the Ministry of Industry, Trade and Supply in the Hashemite Kingdom of Jordan, Mr. Adel Karim, technical agent of the Ministry of Industry and Minerals of the Republic of Iraq and Ahmed Taha, The mission of the committee is to prepare a plan of action and implementation mechanisms for the understandings, which will lead to improving economic, development and investment cooperation between the three countries. The committee will hold its first meeting in Amman during June of this year, Watt diplomacy.
It was also decided to reconvene the ministerial meeting in Cairo during the month of July this year for the purpose of follow-up implementation procedures according to the date will be agreed through diplomatic channels.

Pompeo vowed in Baghdad "a comprehensive response" to any targeting of American interests

 
 
Friday - 10 May 2019 AD Issue Number [14773]
 
Baghdad: Hamza Mustafa
 
A source familiar with the details of the brief visit by US Secretary of State Mike Pompeo to Baghdad a few days ago that the minister carried the Iraqi officials he met with the responsibility of any targeting of the interests of Washington or its forces in Iraq, especially at the hands of groups linked to Iran, waving a "comprehensive response" . 
The echoes of the visit continue to resonate in various political, media and elite circles in Iraq. Not only did the Iraqi public view the statements issued by the offices of Iraqi President Barham Salih and Prime Minister Adel Abdul Mahdi, whom the US Secretary of State met separately, especially as Pompeo canceled a scheduled date with German Chancellor Angela Merkel to complete the surprise visit, which was not announced in advance. 
The source familiar with the details of the visit to Asharq Al-Awsat said that Pompeiro was serious in informing Iraqi leaders about the nature of the coming confrontation with Iran and what is required of Iraq, which until recently was looking for an extension of the period of exemption from sanctions imposed on Iran Especially gas and electricity. 
"Pompeo has clearly warned the Iraqi government that it is responsible for any attack, even if it was a mistake, that the US forces or interests in Iraq could be exposed," he said, vowing "a comprehensive response if that happened." He explained that the American minister "showed that the pro-Iranian groups appear to be interacting (with the recent tension with Washington) more than Iran, being the first and foremost beneficiaries of Tehran, which makes the United States in a situation that can not be tolerated, so the response will include not only the side Military but will also be a multi-faceted economy. " 
The political expert, Dr. Hisham al-Hashemi told «Middle East» that «Pompeo told Baghdad that there is limited military pressure on military targets may be in Iraq for the allies of Iran», indicating that «in light of this assured the Iraqi government that it must protect the interests of America and its citizens Iraq from any reaction that may result from this potential attack ». 
The former leader of the Popular Crowd Karim Nuri told Asharq Al-Awsat that "Iran is already counting on its friends in Iraq, the armed factions loyal to it and threatening the American presence." But he cautioned that "any process involving Iraq or implicating it in the possible US-Iranian confrontation will be a dishonest behavior that will pay everyone, including Iran's friends and allies." 
A recent document from the Iraqi prime minister's office said there were about 9,000 coalition forces in Iraq, including 6,000 US troops, noting that their mission was to focus on training, advising and air support.
Researcher Shatha Khalil *
The digital economy is the interaction, integration and coordination between information technology and communication technology on the one hand, and the national and international economy on the other, and technology plays a strategic role in increasing economic growth and reforming the economic, trade and financial mechanisms. 
The digital economy relies on information in its entirety and allows access to information technology in various economic activities. Most of its steps are based on the use of ICTs that have eliminated all barriers and barriers to the flow of information, goods, services and capital flows to and from any point in the world, at any time. . 
Leading to profound changes in lifestyles in various areas, both at the personal level, at the community level, and in the economy and the environment. 
The digital economy sends and receives any amount of electronic currency instantaneously at any moment and anywhere, and provides the disclosure, transparency and neutrality of all information on digital currency transactions, and the advantages of the digital economy that it depends on the minds of humanity mainly, and the rest of the other elements related to pension and lifestyle and others Support is more than being an effective actor or engine. 
As most of the methods and means of implementing economic activities have changed, and their impact has been positively reflected on society in general. The transformation of the digital economy can change and achieve new events that positively affect the economic interests of the countries in general. 
Despite the modernity of the digital economy, it has become one of the most important sectors of the macro-economy. It has two types of influence. The first is direct. It is the gross output of most of the digital commerce, promotion and marketing operations in full form, and the production and sale of digital applications for management, . 
The second indirect effect is the stimulation of local markets, the globalization of their products and the access to new markets that are difficult to reach by conventional methods. 
Characteristics of the digital economy: 
• Building an information society by harnessing information and communication technologies to achieve development goals. 
• The balance of the economic institution depends on the stock of knowledge and information, can also run economic activities and projects through the Internet without the need for the actual movement of individuals or institutions. 
• It works in trading electronic contracts, which requires providing guarantees and safe environment for individuals to complete their various commercial transactions, thus reducing the effectiveness and usefulness of the current laws and regulations (legal system, banking and commercial), and here comes the need to study and qualify for modernization and development of legal systems to ensure the best results less Losses. 
• Strongly related to the many changes that take place in the industrial environment, especially with regard to ICTs, as they affect each other positively. 
• A research study by Accenture Consultancy and Technology Services revealed that the digital economy is capable of raising global production by about $ 1.5 trillion, which means raising global output by 2.2%, accounting for 22% of the global retail sector, 28% of the health sector. % Of consumer goods. 
"Recognizing the importance of the digital economy and its opportunities for growth and competitiveness, especially for small and medium-sized enterprises, we have placed this sector within the priorities of our work, which is embodied in the updated strategy of the Dubai Islamic Economic Development Center 2017," said Abdullah Mohammed Al Awar, Executive Director of Dubai Islamic Economic Development Center. -2021 ». 
The Islamic economy is still growing, making it more appropriate than the traditional economy to accommodate digital developments 
The digital economy has brought about a change in the power equation in the markets. After the programs and applications were owned exclusively by large dominant companies, they are now available to small and young businesses and enable them to reach markets and consumers to define the quality of their services and products. 
Islamic Economics: 
Islam is concerned with the organization of relations and economic matters like any other life matters, and the establishment of a set of rules based on the origins of the Islamic faith; namely, the Holy Quran and Sunnah and the jurisprudential jurisprudence, and all of them are interested in following up the economic works within the social environment and relied on many Quranic verses and Hadiths The Noble Prophecy in the formulation of many of the basic rules of the Islamic economy, and the Koranic verses that referred to usury, saying: (and God forbid sale and prohibited usury), as the Islamic economy (Interpretation of the meaning): "O ye who believe! 
It is clear to us that the Islamic economy is fertile ground for innovation and innovation. Its culture is new and its products need to be promoted and recognized as important. The world is racing towards adopting Islamic finance, all of which require the creation of tools, programs and applications that facilitate the world's access to this kind of economy. , The incubation of innovations in the Islamic economy, and the promotion of youth, which will enhance the ability of young people to understand and absorb the needs of markets and to create their growth requirements. 
Doha launches the first digital platform covered with gold: 
The first Islamic electronic platform for digital currency exchange was launched on the sidelines of the Fifth Islamic Finance Conference in Doha on 19-03-2019. 
The real I-Dinar digital symbol is a form of electronic gold wallet, but it can be used as a common denominator for the execution and settlement of many financial, exchange and trading operations. 
With regard to the future development of the I-DINAR platform and the electronic stock exchange, it requires the development of the role and presence of many institutions operating in the field of financial services, especially the specialized banks, which are used to provide financial solutions and tools necessary to conduct financial and business operations with complete accuracy and security, Global acceptance criteria and rapid technological and electronic development. 
The Islamic platform for currency exchange is a turning point in technology, especially as it will provide many advantages, including the settlement of many financial operations and exchange and trade, and allow trading with or for any goods or products or currencies encrypted or any combination of solutions and financial tools as well as Financial and commercial contracts from anywhere and at any time worldwide easily. 
And that the determination of the value of 1 dinar within the Islamic electronic platform, which will be titled "I - dinar" one gram of gold, which means that it will form a portfolio of electronic gold, so the exchange and circulation of this currency on the Internet will be in exchange for my eye and the amount of gold, In line with Islamic principles. Investors and customers will be able to maintain their assets and properties safely and easily, with all financial and commercial transactions being completed quickly. 
One of the major challenges facing developments in the Islamic digital economies and in the Arab countries is the digital divide between reality and expectations according to the needs of individuals and institutions compared with developed countries. The threat of privacy and cybercrime is one of the challenges, Information Technology This digital and information economy must be protected to ensure the confidentiality, integrity and availability of data around the clock. 
The latest challenge is to organize this virtual world and to set its foundations and legislations to achieve its desired goals while keeping pace with the rapid changes witnessed in such areas. 
We reach a conclusion to reach the digital world We need continuous development by increasing investment in information and communication technology by upgrading infrastructure, increasing the number of computers and their uses in transactions and jobs, increasing the number of subscribers in the international information network, adapting and using the ready and detailed software in the management of economic activities Commercial, productive, financial, marketing, human resource management and educational and training activities.
 
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Today in History

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Don't buy a home until you've done 6 things, say real estate experts
Before committing to buy a home, there are certain key things to make sure you've done. Here are six of them, according to real estate experts.

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10 Things to Know for Today
Among 10 Things to Know: US-China trade talks in shadow of coming tariff increase; Contempt citation against Barr heats up Trump-House dispute; South Korea: North Korea fires unidentified projectile

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5 things to know for May 9: Washington battles, Colorado school shooting, North Korea, health insurance, Amanda Knox
Here's what else you need to know to Get Up to Speed and Out the Door.

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World's Rich Put a Third of Funds Into Cash as Trade War Simmers - Bloomberg
https://www.bloomberg.com/news/articles/2019-05-08/world-s-rich-put-a-third-of-funds-into-cash-as-trade-war-simmers?utm_campaign=news&utm_medium=bd&utm_source=applenews



OIL/COMMODITIES/ENERGY

METALS-Copper touches fresh low ahead of U.S-China trade talks
* GRAPHIC-2019 asset returns:

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Gold Prices Edge Up Ahead of Crucial Trade Talks
Commodities May 09, 2019 05:12 GMT 
Investing.com - Gold prices edged up on Thursday in Asia as traders nervously await the start of two-day trade talks in Washington later in the day to see if Chinese negotiators could convince the White House to back down on a possible tariff hike on Chinese imports. Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.1% at $1,282.65. Gold’s rival, the dollar, was little changed. The U.S. Dollar Index

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Gold at one-week high as trade-driven stock rout extends to a third day
Gold trades at roughly one-week highs Wednesday as jitters around China-U.S. trade negotiations continued to nag riskier markets this week, sending investors into havens that include precious metals and the Japanese yen.

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Gold at one-week high as trade-driven stock rout extends to a third day
Gold trades at roughly one-week highs Wednesday as jitters around China-U.S. trade negotiations continued to nag riskier markets this week, sending investors into havens that include precious metals and the Japanese yen.

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U.S. crude oil climbs up from one-month low as Iran, trade-deal tensions tug at market
U.S. crude-oil prices pushed into positive territory early Wednesday, recovering from their lowest close in over a month a day earlier, as increasing tensions between the U.S. and Iran and the threat of disruptions to supplies in the Middle East are weighed against worries that a protracted trade conflict between the U.S. and China could hurt energy demand.

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Global Oil Prices Slide as Iran Pushes European Partners For Sanctions Support
Global oil prices extended declines Wednesday as Iran sought the support of its European allies to curb sanctions on the sale of its crude and threatened to ramp up its nuclear program as tensions with Washington continue to escalate. Global oil prices extended declines Wednesday as Iran sought the support of its European allies to curb sanctions on the sale of its crude and threatened to ramp up its nuclear program as tensions with Washington continue to escalate. Iran's President, Hassan

Read in TheStreet: 
https://apple.news/AIwjvqBTESjacgAK9KBUp5w


Oil Prices Down as Trade War Fears Overshadow Fall in Crude Inventories
Commodities May 09, 2019 04:38 GMT 
Investing.com - Oil prices were down on Thursday in Asia after the latest comments by U.S. President Donald Trump dimmed hopes that the world’s two biggest economies could avert a resumption of their trade war. U.S. Crude Oil WTI Futures and the international Brent Oil Futures both fell 0.9% to $61.59 and 69.80 respectively by 12:40 AM ET (04:40 GMT). The fall in oil prices came after Trump said at a campaign rally in Florida overnight that China “broke the

Read in 
Investing.com: https://apple.news/ANNYKR15AQWqH9tS46-iH4A

Commodities Industry First: New Intelligent Contract Platform Launched by Chinsay
SINGAPORE, May 8, 2019 /PRNewswire/ -- For almost two decades Chinsay has led the way in digital contract solutions and today it is announcing a major step forward for the commodities industry. Its cloud-native Intelligent Contract Platform (ICP), architected to make the best use of AI as it evolves, revolutionises the use of the latest technology, creating a totally new way to negotiate, capture and manage the full complexities of commodity contract creation and management. Working with major

Read in PR Newswire: 
https://apple.news/AS4s5ZW1NTZ-odH-0qt5-lQ

BANKS/BANKING/CREDIT

German banking regulator warns mergers are not 'miracle weapons'
German banks should not look at mergers as a miracle that will fix their problems, the president of the German banking regulator told CNBC Wednesday.

Read in CNBC: 
https://apple.news/AWiKU2KRYTeS82kK_wnR0TQ


Galileo Announces Money+, a Mobile-Only, Customer-First, Banking Solution that Enables Financial Advisors to Offer High-Interest Rate, FDIC-Insured Bank Account Alternatives
CHICAGO, May 8, 2019 /PRNewswire/ -- Galileo, the technology company that powers disruptive innovation for the most brilliant fintechs, next-gen financial institutions and investment firms in North America, today announced another quantum leap forward in the delivery of banking services—Galileo Money+, a new mobile-only banking service, available exclusively through financial advisors. Galileo Money+ empowers financial advisors to compete for the $10 trillion in low- or no-interest U.S. bank

Read in PR Newswire: 
https://apple.news/AOHkxKHOvRLKEaDAMUJEI3Q

U.S. Bank Regulators Acknowledge Senator Warren's Concerns About Rapidly Growing Leveraged Loans
Leveraged lending and collateralized loan obligation (CLO) markets continue to warrant significant attention from regulators, rating agencies, and market participants. Senator Elizabeth Warren has had her eye on those markets since last year. Regulators acknowledge her concerns.

Read in Forbes: 
https://apple.news/AjR5wXjqbSsSNg__nNXfjYw

Chinese fintech firms cosy up to banks as collaborators instead of disrupters they shift towards retail banking
Chinese companies that are engaged in financial technology, or fintech, are increasingly collaborating with banks, some of them even helping banks acquire retail customers, as the financial institutions build out their digital banking services and…

Read in South China Morning Post: 
https://apple.news/A0mH4dt8ZTYSRi518oRyCGg


Despite strong growth outlook, advisors see first pay decrease in years
On the heels of the Great Recession and with the recent change in the tax law, demand — and pay — for financial advisors have risen steadily. This year, however, marked a sharp change in course.

Read in CNBC: 
https://apple.news/AoYw1oOkESzO0BCz_tw09Ug

Bank of Mozambique holds interest rates steady
The Monetary Policy Committee (CPMO) of the Bank of Mozambique, meeting in Maputo on Thursday, decided to leave all the bank’s interest rates unchanged. Thus the Interbank Money Market Rate (MIMO), used by the central bank for its interventions on the interbank money market to regulate liquidity, remains at 14,25 percent. The Standing Lending Facility...

Read in FurtherAfrica: 
https://apple.news/AZkmw6KlXQQyjDRHOuppf6Q


Zimbabwean Central Bank Sees Exchange-Rate Convergence by July - Bloomberg

Over 50 Banks, Firms Trial Trade Finance App Built With R3's Corda Blockchain
ABN Amro, Standard Chartered and around 50 other firms have participated in tests of Voltron, a trade finance platform built with R3's Corda.

Read in CoinDesk: 
https://apple.news/ADYAOq0UhS42kbHlMhc8RYw


Many lenders moving away from traditional banking, analyst says
Filippo Alloatti, senior credit analyst at Hermes Investment Management, discusses the banking sector.

Read in CNBC: 
https://apple.news/A4yaFQJJaRKqYIEpScrdYfQ


TREASURIES/BONDS/STOCKS
Treasury yields retreat for 4th day in a row amid trade jitters, muted China data
Treasury yields fall for fourth straight session on Wednesday as lingering trade jitters unsettle investors with the possibility that a trade deal may not arrive soon.

Read in MarketWatch: 
https://apple.news/ANvU5svwvT-GVgbQn-dzTNA

The Dow Is Ready to Drop Because Trade Talks Won’t Easily Get Back on Track
New reports suggest that China may have backed off many of the promises it had made in negotiations.

Read in Barron's: 
https://apple.news/AAvSOM7rtQLq3MnSdTG_ZyA


This troubling trend in the S&P 500 isn't as bad as it seems, expert says
Fewer and fewer S&P 500 stocks have hit 52-week highs despite the index's rally to an all-time peak, one chart shows, but experts say concern is overblown.

Read in CNBC: 
https://apple.news/A75EYjDFiRLqUAyUZ9nbelg

Stocks - Wall Street Struggles to Break 3-Day Losing Streak over Trade Woes
Stock Markets May 08, 2019 13:44 GMT 
Investing.com - Wall Street struggled to break a third day of declines on Wednesday despite worrying Chinese trade data for March that underlined the risks to the global economy from the escalation of the U.S.-Sino trade dispute. All three indices held close to the unchanged mark by 9:53 AM ET (13:53 GMT)with the Dow Jones at 25,972.55 points by 9:35 AM ET (13:35 GMT), the S&P 500 at 2,884.48 points and the tech-heavy Nasdaq Composite holding at 7,970.18

Read in 
Investing.com: https://apple.news/AVqiolodcS_iDOm1idLF9zw


Day Ahead: Top 3 Things to Watch
Stock Markets May 08, 2019 20:46 GMT 
Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow. 1. PPI, Core PPI Expected to Rise 0.2% After a pretty quiet week, the economic calendar heats up tomorrow. Most closely watched will likely be the latest data on wholesale inflation. The Labor Department will release its April producer price index (PPI) at 8:30 AM ET (12:30 GMT). The PPI is expected to have risen 0.2% last month. The core PPI, which excludes food and energy

Read in 
Investing.com: https://apple.news/AZTWWO3HTQLWwg1MmtkckwQ


CRYPTO'S / DIGITAL CURRENCY


Bitcoin [BTC] does everything that gold used to do, claims Grayscale Investments CEO
Bitcoin's [BTC] nature and advantages resulted in a lot of its proponents speaking for the world’s largest cryptocurrency. The latest luminary to speak on its behalf is Barry Silbert, Founder of Digital Currency Group and CEO of Grayscale Investments. In a recent interview with Fox Business, the Bitcoin bull addressed the cryptocurrency's performance and its...

Read in AMBCrypto: 
https://apple.news/AovJh9X4LQz2VWasdMhXIrQ


Ethereum [ETH] and Tron [TRX] Price Analysis: ETH and TRX ride the bull wave
The altcoin universe is recovering slowly ever since Bitcoin [BTC] started its bull run in 2019. Out of the lot, Vitalik Buterin's Ethereum [ETH] maintained its position as the second largest cryptocurrency, based on market capitalization. Tron [TRX] also picked up a rapid pace after its recent failures during the crypto-winter. While the coin stood 11th...

Read in AMBCrypto: 
https://apple.news/A5YA7qcWbTaOBNcbVvmGuNw

Bitcoin Price Retreats But Bull Case Intact Above $5.7K
Bitcoin's bullish case is still intact after a pullback from 5.5-month highs, but prices must be held above key support at $5,700.

Read in CoinDesk: 
https://apple.news/ACchFDc8PRlqY2bdAp_HNPw


Bitcoin [BTC] does everything that gold used to do, claims Grayscale Investments CEO
Bitcoin's [BTC] nature and advantages resulted in a lot of its proponents speaking for the world’s largest cryptocurrency. The latest luminary to speak on its behalf is Barry Silbert, Founder of Digital Currency Group and CEO of Grayscale Investments. In a recent interview with Fox Business, the Bitcoin bull addressed the cryptocurrency's performance and its...

Read in AMBCrypto: 
https://apple.news/AovJh9X4LQz2VWasdMhXIrQ
CURRENCIES

Forex - Dollar Dips, Havens Rise on Fears over Trade, Iran
Forex May 08, 2019 07:02 GMT 
Investing.com -- The dollar was marginally lower in early trading in Europe on Wednesday after concerns about the escalating trade war between the U.S. and China caused another day of sharp losses in global stock markets. The risk-off sentiment has been reinforced by Iran’s announcement that it will stop implementing “some commitments” under the UN-approved 2015 nuclear deal, another challenge to U.S. power that comes only three days after North Korea conducted a

Read in 
Investing.com: https://apple.news/Aa4-Zi7o1Qk6a2tXUfUJx9A


Forex - Dollar Hits Four-Month High vs Yuan, Aussie on Trade Tension
Forex May 09, 2019 07:20 GMT 
Investing.com -- Foreign exchange markets are in risk-off mode again in early trading in Europe Thursday, with the yen rising and the renminbi falling as the likelihood of fresh U.S. tariffs on Chinese imports rises. A flurry of contradictory headlines on trade on Wednesday left markets confused but still expecting a deal to be done between the world’s two largest economies, not least since China’s top negotiator vice premier Liu He is due to arrive in Washington

Read in 
Investing.com: https://apple.news/AJGFBOCFLRAub7Pk1A2u7Kg

Pound US dollar exchange rate: GBP stumbles against USD on Brexit uncertainty
THE pound US dollar exchange rate is currently trading at $1.304, down around 0.2 per cent so far this morning and well below this week’s starting rate of $1.316. The pound is sliding against the US dollar and the majority of its other peers this morning, extending the losses from yesterday as Brexit uncertainty continues to limit the appeal of Sterling. Currently dampening sentiment is the apparent lack of progress being made in cross-party Brexit talks, which have continued this week and are

Read in Express: 
https://apple.news/AL8mVe7qjMfGlX7BI9fF0PQ

Forex - Yen Gains on Trade Concerns; Kiwi Still Under Pressure After RBNZ Rate Cut
Forex May 09, 2019 03:49 GMT 
Investing.com - The safe-haven yen gained on Thursday in Asia amid intensifying Sino-U.S. trade tension. Meanwhile, the kiwi remained under pressure following the Reserve Bank of New Zealand (RBNZ)’s decision to cut benchmark rate. The safe-haven yen rose 0.2% against the U.S. dollar by 11:44 PM ET (03:44 GMT), trading at 109.91, as concerns about the escalating trade war between the U.S. and China caused another day of sharp losses in global stock markets. Chinese

Read in 
Investing.com: https://apple.news/AWGgHmOuERue6PrqCDtcvLQ

New Zealand dollar falls after central bank cuts rates; U.S. dollar slips
The U.S. dollar is mostly weaker as investors look to trade tensions between the U.S. and China, while New Zealand cuts key rates, driving down its currency.

Read in MarketWatch: 
https://apple.news/AFF3bAgLsSMiOg9-FAXyAxQ

Haven currencies rally as tariff-related unease lingers
Major currencies perceived as safe plays during economic and political uncertain clamber higher Wednesday as global equity markets extend a recent U.S.-China trade-fueled downtrend.

Read in MarketWatch: 
https://apple.news/AVRG5KTklR8OIFyX-n7jeSQ

South African rand firmer after elections, stocks fall
South Africa's rand firmedin early trade on Thursday, a day after an election for a newparliament and provincial legislatures, while stocks fell withSteinhoff the biggest loser on the all-share index.

Read in Reuters: 
https://apple.news/AeeFNyy8sR3mHw1hTZ6WSFQ


HEALTH / SCIENCE
Trump admin forces big pharma to disclose list price of drugs in TV ads
The rule will apply to drugs covered by Medicare and Medicaid.

Read in Fox Business: 
https://apple.news/AFEFs0M-uSbefvke1RbAsUQ

How to Handle Your High-Deductible Health Plan
How can you cover healthcare costs when you have a big deductible to pay?

Read in The Motley Fool: 
https://apple.news/A1VKTX5feQxO1bbdqbeb6VQ

Health insurers are thriving in the individual market, despite worries over Trump's policies
Insurers on the individual market are expected to pay a record total of about $800 million in rebates to enrollees, a result of setting their premiums too high last year, according to a new Kaiser Family Foundation analysis.

Read in Axios: 
https://apple.news/AxIj6fiBPScKwaueV6H1Zsw

USA / CANADA

US-China trade tensions: Now it's time to see a real deal
Two things are for sure: The stakes are sky-high in the U.S.-China trade talks. And the Chinese are playing to win.

Read in Fox News: 
https://apple.news/A2SHYa-2WQr6vWGDDdMj11w

US has the economic upper hand in China trade talks?
'The Conference Board' Senior Economist Erik Lundh with the latest on U.S. trade negotiations with China.

Read in Fox News: 
https://apple.news/Af3porlVpRJ6PDjav4BMQGA

Canadian housing starts jump 23 percent in April -CMHC
Canadian housing starts surgednearly 23 percent in April compared with the previous month asgroundbreaking increased on multiple unit and single detachedurban homes, data from the national housing agency showed onWednesday.

Read in Reuters: 
https://apple.news/AgIdTP_npRjeeAQuysNFWiw

EMERGING MARKET
 
 
 
Oil industry under-invested in Gulf of Mexico?
Fieldwood Energy CEO Matt McCarroll on the state of the oil market, Anadarko's decision to go with Occidental's buyout offer over Chevron and address environmental concerns over drilling in the Gulf of Mexico.

Read in Fox News: 
https://apple.news/Av_nptH20Toml33oLCJbU-w
 
 
How Effective Is India’s Government, Compared with Those in Other Emerging Markets?
It’s weakest on measures of inclusion.

Read in Harvard Business Review: 
https://apple.news/Aayp4oQqkOOmZN0JRlXk7tQ
 
 
Three questions about emerging economies
Four leading voices share their perspective on whether emerging markets will continue to drive growth, and how. Recent research from the McKinsey Global Institute analyzed the per capita GDP growth of 71 economies over 50 years. The results were striking. About one in four were “outperformers,” with real annual per capita GDP growth of 3.5 percent for the entire period; 11 of these achieved annual per capita GDP growth of at least 5.0 percent between 1995 and 2016. Are these outperformers the

Read in McKinsey Insights: 
https://apple.news/AztkCpNViOdmQzyKQ9AbuKQ
 
 
Opinion: Five reasons to ignore Trump’s trade threats and buy emerging market stocks
Emerging market stocks are at a generation low, even as developing economies are growing rapidly.

Read in MarketWatch: 
https://apple.news/A6uUaYCyTRqW1T72J9Gu4Bw
 
 
Investors are bullish on emerging-market currencies — but it comes with one big caveat
Amidst heightened geopolitical uncertainty, it might be surprising to hear that investors are bullish one of the most volatility-sensitive assets: emerging market currencies.

Read in MarketWatch: 
https://apple.news/A8oWKTorgQ464L7dZWKIMdA
 
 
Stocks Extend Global Slide as Trade Worries Simmer: Markets Wrap
All you need to know about what’s moving markets today.

Read in Bloomberg: 
https://apple.news/AVHyVt5qCTNmYWZQeKHk7OQ
T. Rowe Price says it still favors emerging markets
Thomas Poullaouec of T. Rowe Price says the company sees a "good domestic story" in China, in sectors such as pharmaceuticals and technology.

Read in CNBC: 
https://apple.news/ABhLKRVa3TmCtKNxo6krv5A



MIDDLE EAST


Iraq awards gas recovery contract to China's CPECC
A Chinese energy company has been awarded a contract to recover natural gas from Iraq's Halfaya oil field to fuel power stations in the country's underserved Maysan province

Read in ABC News: 
https://apple.news/AZ8csc7U-RxicEas-wMgaCg


Iran rolls back nuclear pledges, threatens higher uranium enrichment in standoff with U.S.
Iran announced on Wednesday it was scaling back curbs to its nuclear program, announcing steps that stop short of violating its 2015 deal with world powers for now, but threatening more action if countries did not shield it from U.S. sanctions.

Read in Reuters: 
https://apple.news/ASx5YRF2eSiGIQXGd0XKpDQ


Iran and US on course for head-on military collision
The announcement today signifies another step towards a confrontation between Tehran and the US.

Read in Sky News: 
https://apple.news/AN1qqeq9PTneDcxFDtG1_ng

Iran scales back commitments under nuclear deal, testing its boundaries
The Iranian government threatened to reduce its compliance even further if the deal's other signatories do not take steps to help ease the burden of U.S. sanctions.

Read in POLITICO: 
https://apple.news/A-Lx61Jd4TKaS6EB99VZ7Mw


China regrets US pressure on Iran, calls for full implementation of nuclear deal
Beijing wants the nuclear deal with Iran to be preserved after Tehran announced its partial suspension. China said US pressure on Iran was regrettable and said it will protect its companies from the threat of American sanctions.

Read in RT News: 
https://apple.news/Ax6zjM2P2SFGL5bR3t4U3bw

Persian Gulf is vital enough for US to go to war
Iran can make trouble, but chances are the US Navy and its allies could force the Strait of Hormuz.

Read in The Hill: 
https://apple.news/ACmK12eFdQrS_RBMZqHF_AA

Qatar rolls out first-ever 'landmark' metro for public
Doha, Qatar - Six years in the making, Qatar's first-ever underground railway system has opened to the public, as the Gulf nation prepares to host the 2022 football World Cup. The Doha Metro Red Line started its partial operations on Wednesday, running along the coast from al-Qassar district in the capital, Doha, to the southern city of al-Wakrah. The country is aiming to run 75 trains, install 37 stations and two more lines - Green and Gold - by the year 2020. "This is one of the mega projects

Read in Aljazeera: 
https://apple.news/AWWbX9dG5Mo-o7C9Oao6O5w


AFRICA


Kenya Seeks to Forge Close Security Ties With U.S.
Kenya and the United States will continue to cooperate on security in the region, even as both sides focus on advancing economic ties. Ahead of the first Bilateral Strategic Dialogue in Washington on Tuesday, Kenyan government officials say they expect the meeting to also cement security deals focusing on terrorism, policing and border protection. "The two countries are expected to sign the agreement to guide the Strategic Dialogue and the Security Governance Initiative Joint Action Plan, to

Read in AllAfrica: 
https://apple.news/A0gWWHcQINfGYXUbsp5RjKA

Zambia Measles Alert
Zambia has extended a measles immunisation campaign to its neighbouring countries as a way of sealing all possible loopholes for infections. The aim is to ensure that the measles immunisation programme is not undermined. A special case is the Democratic Republic of Congo (DRC), at the northern end, which has been subject to years of armed conflict. The influx of refugees from the DRC, particularly into the Copperbelt Province, poses a potential health risk to the population of Zambia, a

Read in AllAfrica: 
https://apple.news/ArxJgRjuSP86gWjOEnLtMsA

Mozambique: Aid Workers Race to Contain Cholera Outbreak in Cyclone-Hit Mozambique
Nairobi Aid workers were on Tuesday racing to contain a cholera outbreak in northern Mozambique after a powerful cyclone contaminated water sources and damaged health clinics. Cyclone Kenneth crashed into the province of Cabo Delgado on April 25, flattening entire villages and killing more than 40 people. More than 200,000 people are estimated to be affected. Reported cases of cholera in the province have risen almost five-fold to 64 since the outbreak was officially declared on May 2, according

Read in AllAfrica: 
https://apple.news/A7glb3-f_M5GdssrLi4lZbg


Nespresso Seeks To Put Zimbabwean Coffee Back On The Table
Nespresso is hoping to create sustainable coffee production in a country whose agrarian economy has suffered from years of ruin and neglect.

Read in Forbes: 
https://apple.news/AZE3FEhiLTseRx-uksjQYvw

ASIA

Donald Trump’s latest tariff threat raises fears that US-China trade talks will unravel as Beijing vows not to cave in
Trade talks between the US and China could spin out of control in the aftermath of Donald Trump’s latest tariff threats, undoing all the promises made in recent months, economists and investors have warned. Stock markets have plunged worldwide since Trump…

Read in South China Morning Post: 
https://apple.news/AJBxGm2NySBapXsbEdXILJQ

China threat is worse than trade deficit: Steve Hilton
China is a real threat to global stability, said Steve Hilton.

Read in Fox News: 
https://apple.news/AYjF_eeFOR7mjFzKN_t54LA


Exclusive: China backtracked on nearly all aspects of U.S. trade deal - sources
The diplomatic cable from Beijing arrived in Washington late 
on Friday night, with systematic edits to a nearly 150-page draft trade agreement that would blow up months of negotiations between the world's two largest economies, according to three U.S. government sources and three private sector sources briefed on the talks.

Read in Reuters: 
https://apple.news/A5WWlJ1eAQ_2eOrEJRC0Y_Q

China’s economic ‘resilience’ without further stimulus questioned after Donald Trump’s US tariff threats
China may need to consider introducing even more economic stimulus, while its top decision-making body headed by President Xi Jinping could be forced to revisit the old playbook it hastily walked away from just last month, to counter the increased tariff…

Read in South China Morning Post: 
https://apple.news/AKyvevzBTRPKW1Q84ixpdIA

China's gag on Trump tweets raises doubts about its global market ambitions
A global stock routearlier this week reminded investors about the power of the U.S.President's Twitter account, but in China, where selling washeaviest, a ban on media coverage of his comments has raisedquestions about Beijing's push to internationalise its capitalmarkets.

Read in Reuters: 
https://apple.news/Aa0c7i6ypRNyZwiMJKkNNVQ

EUROPE


London markets edge downward after dramatic retreat
Tuesday’s deep declines in equities continued Wednesday but nowhere near as quickly

Read in MarketWatch: 
https://apple.news/APWm2qOO1SNKBAbXwJ_dyZQ

China ‘puts Europe trade deal on back burner’ to put out US tariff fire
The China-US trade war turmoil is holding back progress on Beijing’s economic talks in Europe, according to a source briefed on the negotiations. At their annual summit last month, Beijing and Brussels agreed to achieve “decisive” progress in a bilateral…

Read in South China Morning Post: 
https://apple.news/AFYZ3YiDKS4qC1reK41ha-A

EU officials privately branded Theresa May's Brexit strategy 'insane' and 'pathetic', film shows
EU officials involved with Brexit negotiations privately considered aspects of Theresa May’s approach “insane” and “pathetic”, a new behind-the-scenes documentary shows.

Read in The Independent: 
https://apple.news/Ap6DQV5xNR7a_aXGZZwaY1g

Brexit Brief: Cross-party deal hopes fade as U.K. confirms it will take part in Euro-elections
Hopes of a cross-party deal between the Conservative Party and Labour Party faded on Tuesday, as the government announced 
August 1 as its new target EU exit date and admitted the U.K. would have to take part in May’s European elections

Read in MarketWatch: 
https://apple.news/ApOQhaA2DSqyI0GFZogEXiA

Ex-Minister lashes out at Theresa May after elections 'sh*ts-show'
Robert Halfon warned that if Mr Farage's party had taken part in local elections the Tories might have lost twice as many as the 1,300 seats it saw disappear.

Read in Daily Mail: 
https://apple.news/A3tK-AAU1T02z1SI9o_y27g


Brexit talks between UK government and opposition near collapse - ITV
Talks between Britain's government and the main opposition Labour
 Party to break the Brexit deadlock are on the verge of collapse, broadcaster ITV's political editor said on Wednesday.
 
d
 
CBI, ISX, Kauaihn Chatter:
 
CBI Update:
 
 
The CBI Closed on Friday
Rafidain renews his call to ministries and state institutions to settle their salaries
 
Editorial date: 2019/5/10 8:27  140 times read
 
{Baghdad: Al-Furat News} renewed Rafidain Bank called the ministries and departments of the state to settle the salaries of its employees at the bank and take advantage of the advances and financial facilities provided by the bank.
"The process of settling the salaries of state employees is through the issuance of electronic payment tools (Master Card) through which the employee is given his salary electronically away from the paper deal," the bank's information office said in a statement received by the agency {Euphrates News}. 
He pointed out that "this step benefits the employee and through which the personal advances are distributed to him."
ISX Update:
The ISX Closed on Friday
 
Kauaihn Chatter:dd
 
http://www.dinarguru.com/
 
 
5-10-2019   Newshound Guru larrykn   Article:  "In response to a request by the Anti-Corruption Council .. Baghdad today announced its readiness to provide documents reveal a major smuggling of money through the sale of currency auction they really need to get rid of those auctions.   [...auctions appear to be the center of underworld.]  they always have been, until they get rid of them they will always have corruptions and that is why they need to revalue their currency and only have the dinar in their country.
 
 
5-9-2019   Intel Guru DELTA  Article:  "The Minister of Oil: Very soon we sign the project of southern Iraq integrated"   Quote:  "Oil Minister Thamer Ghadhban said on Wednesday he expected his ministry to sign a preliminary agreement with ExxonMobil and PetroChina of China "very soon," but gave no exact date."   YES IT'S A DONE DEAL...CONTRACT FOR 30 YEARS WORTH 35 BILLION DOLLAR 
 
5-9-2019   Intel Guru  RAYREN98    ...got an update from banks. They are no longer on standby, so once again we wait.   Let’s see what happens this week.   

5-9-2019   Intel Guru Eagleone2025   ["IS THE RV REAL?"]   IF THIS WAS NOT TRUE, WHY WOULD I BE SITTING IN ROOMS WITH FOUR STAR GENERALS AND HIGH GOVT. OFFICIALS?  I KNOW WHERE MY INTEL COMES FROM.    IT DOES NOT COME FROM THE DINAR WORLD, EVEN THOUGH THE DINAR WORLD IS SOMEWHAT GOOD.   MY INTEL COMES FROM GENERALS AND HIGH-LEVEL OPS. SO I WILL NOT GIVE ANYTHING UNLESS IT'S SURE. NOTHING IS 100% SURE UNTIL WE ARE IN THE BANKS.  [post 2 of 2]

5-9-2019   Intel Guru Eagleone2025  THERE IS A LOT OF MISINFO TRYING TO BRING DOWN MARK [GURU MARKZ] AND OTHERS. CONFUSION IS RISING. DO NOT PANIC.  THIS WINDOW IS CLOSING TONIGHT AT MIDNIGHT. WE ARE ON A DAY BY DAY GO. WE TALKED ABOUT DIFFERENT WINDOW. THERE ARE SEASON (REASONS?) FOR HIGH ALERT. JUST STAY CALM. IT'S IN THE WORKS. REMEMBER IT'S A PROCESS.  [post 1 of 2....sty tuned]

5-9-2019   Intel Guru MarkZ   No bad news but the news is all over the place. Everything from two-day delay, to it's going right now. The news has been pretty solid from the sources I listen to. ...I heard there could be a short hold on the dinar. Try to stay calm.

5-9-2019   Newshound/Intel Guru Mnt Goat   This means the need to reinstate it and put it on the planned “free float” just like all other currencies on the open trading platform. The IMF wants the investors to drive the rate and keep it stable. They say that Iraq is now ready and so why are they waiting? We know why they are waiting.  It is due to all the corruption in the currency auctions and the reluctant to end them, as they are today...  [post 2 of 2]

5-9-2019   Newshound/Intel Guru Mnt Goat   There is talk that the PM Mahdi has said he will reinstate the dinar by June 1st.   I have absolutely no evidence that he has said this. Yes, indirectly he has made reference to the economy getting better by June but this could mean lots of things. He also said the ministers would be competed by June.   ...But we do know the IMF wants Iraq and the CBI to move ahead and reinstatement and “free their exchange rate”.   They have said to directly to the government and this was reported by the news media.   [post 1 of 2....stay tuned]
 
5-9-2019 Intel Gurus Frank26 & Delta [...if the Emir of China is going to DC and they do actually make a deal this week then i believe we could see what we seek on Sunday...all imo]
Frank26: I...SECOND THAT EMOTION...
DELTA: I...THIRD THAT...

 
 
Elmer:
 
Not in today
 
Artmeister:
 
Not in today
 
Catnip:
 
***************
ARTICLE 1-A (from PM Mahdi's website; posted only on the Arabic side, not on the English side)

The Supreme Anti-Corruption Council calls on parties and individuals to provide evidence of charges against media officials

The Supreme Council for Combating Corruption held its 11th meeting under the chairmanship of the Prime Minister, Mr. Adel Abdul Mahdi, and the attendance of the members.

The Council referred to the accusations against government officials in the media and social media by individuals regardless of their names and job descriptions. He also demanded that evidence be submitted to the Supreme Council for Combating Corruption within two weeks.

The Board considered several issues on its agenda:

The Council listened to the report of the Integrity Commission regarding the trade unions, unions and private colleges and the implication of this file is a deviation from the laws, regulations and instructions required and the Council to complete the report by standing at the opinion of technical and competent authorities.

The Council discussed the progress of the work of the Committee charged with the inventory of State real estate and the measures taken in this regard and directed the completion of its work and speeding up the submission of the final report.

The Council also discussed the file of corruption and smuggling in the field of oil, drugs and border crossings and the development of serious treatments to encircle these operations and reduce them and severely hit on their networks.

The Council appreciated the role of government institutions, civil society organizations and people who support the Council and its role in coordinating the efforts of judicial, supervisory and inspection institutions.

Media Office of the Prime Minister
9 May 2019

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ARTICLE 1-B (from PM Mahdi's website; posted only on the Arabic side, not on the English side)
The National Security Council holds its weekly session under the chairmanship of the Prime Minister, Mr. Adel Abdul Mahdi

The National Security Council held its weekly session under the chairmanship of the Prime Minister and Commander-in-Chief of the Armed Forces, Adel Abdul Mahdi.

He briefed members of the Council on his recent visit to Germany and France and their results in favor of strengthening Iraq's status in its Arab, regional and international environment, security and stability, and its economic, urban and service development.

The National Security Council discussed the proposed alternatives to reduce the number of detainees in the reform departments and decided to form a specialized team of competent authorities to resolve this issue.

The Council discussed the settlement of the salaries of the employees of the ministries and security agencies, where the National Security Council briefed the detailed report on the mechanisms and steps followed and the completion of the implementation so far to implement the settlement of the salaries of the security services as well as the state employees, and verified by the Emiratisation procedure to ensure the arrival of salaries to the beneficiaries and access to facilities and financial loans granted, As well as the achievement of localization of the preservation of public funds and fight corruption and the revitalization of the economy and banking movement.

The council also discussed the security situation in Nineveh, the east of the country and southern Salahuddin province and took the necessary measures to control security and order.

Media Office of the Prime Minister
9 May 2019

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ARTICLE 1-C (from PM Mahdi's website; posted on both the Arabic side and the English side)

Prime Minister Adel Abdul Mahdi receives the ambassadors of Britain, Germany and France in Baghdad

The Prime Minister received the ambassadors of Britain, Germany and France in Baghdad. During the meeting, they reviewed the development of relations between Iraq and the European Union countries, ways of continuing cooperation in all fields and discussing developments in the region under the current tension between the United States and the Islamic Republic of Iran .

Iraq is keen to establish relations of cooperation with all its neighbors and its Arab, regional and international environment, including the United States and Iran, and Iraq's relations contribute to enhancing security, stability and economic prosperity in the region and the world. And that these balanced relations gave Iraq the status it deserves in addition to its positive reflection on the stability of Iraq internally, pointing to Iraq's faith in dialogue and understanding to resolve all problems with neighboring countries and to give preference to the differences, and not to enter within the Axis, in addition to Iraq's stated position of not being part of US sanctions on Iran's system.

He expressed the need to seek to support efforts to stabilize the region and defuse the crisis, and the importance of creating rules of conduct governing relations between countries and avoid their people the risk of loss of security and stability.

For their part, the ambassadors of the three European countries expressed their satisfaction with the development of relations with Iraq and the efforts of their countries to develop them and increase cooperation. They also praised the role played by Iraq and its balanced foreign policy in its Arab and regional environment and the Iraqi government's investigation of the interests of its people and its keenness to strengthen the status of Iraq among the countries of the region. To expand cooperation with the Iraqi government and to support its program and policy and confidence in the Prime Minister and the steps taken at the internal level and foreign policy, pointing out the convergence of views between Iraq and the European Union on the crisis J area and the importance of defusing it.

The ambassadors also renewed the desire of their countries to contribute to the reconstruction of Iraq, calling for overcoming obstacles and increasing opportunities and investments for European companies looking forward to work in Iraq.

Media Office of the Prime Minister
9 May 2019

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ARTICLE 2 (from Government of Iraq twitter account)

At the time this report was submitted, there are no new tweets posted on the Government of Iraq twitter
account.

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ARTICLE 3

Iraqi restrictions reduce non-oil exports by 46%

(Reuters) - May 10 - Iraq has imposed a package of restrictions and prohibitions that impede the entry of Iranian goods from the border crossings between the two countries, the paper noted that the decline of Iraq's non-oil imports from Tehran by 46 percent To $ 389 million from March 21 to April 20, compared to $ 722 million a month earlier.

"The Iraqi authorities have recently imposed a package of restrictions and prohibitions on the entry of Iranian goods from the border crossings between the two countries," the local Iranian newspaper reported.

"Iraq is the second largest recipient of Iranian non-oil exports after China, where it received Iranian goods worth 8.9 billion dollars from March 21, 2018 to March 20, 2019, which represents a quarter of Tehran's total exports."

She noted that Tehran and Baghdad discussed raising the level of bilateral trade to 20 billion dollars before the withdrawal of the United States from the Iranian nuclear agreement in May 2018.

In March, Washington warned Iraq against dealing with Iranian banks, which it described as "dirty" as involved in money laundering, as well as its role in supporting the influence of "military militias within the borders of neighboring countries," according to the newspaper.

The US special envoy to Iran, Brian Hawk, noted that "a visit by Iranian President Hassan Rowhani to Iraq two months ago was not in the interests of the Iraqi people, but with the aim of dominating the neighboring state, contrary to Washington's desire to have a strong Iraq with Sovereignty, "he said.

The US envoy said that "the Iranian regime does not invest in its people, and therefore will not support the Iraqis in any way," pointing out that "Tehran's foreign policy based on the lack of respect for the sovereignty or independence of States since 1979."

He warned that "America will punish any activities related to dealing with Iranian banks, pointing out that Iraqi banks know this, as the banks were separated from global financial networks because they violated the rules of the Swift system."

"Financial and oil sanctions are losing billions of dollars to the Iranian regime, as well as closing the gaps in which it was able to circumvent sanctions," Hawk said.

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ARTICLE 4

Iraq agrees with Egypt and Jordan to set timelines for the implementation of economic files
2019/5/9 18:54
[Baghdad-where]

Iraq has agreed with Egypt and Jordan to set timelines for the implementation of the economic files during a joint meeting in Amman on Thursday.

"The Minister of Industry and Minerals, Saleh al-Jubouri, discussed with his Jordanian and Egyptian counterparts the frameworks of cooperation in a number of economic files," the media spokesman of the Ministry of Industry and Minerals, Abdul Wahed Alwan, said in a statement.

He added that "the minister and his accompanying delegation participated today in the work of the tripartite ministerial meeting held in the Jordanian capital Amman, which included Jordanian Minister of Industry, Trade and Supply Dr. Tareq Al-Hamouri and Egyptian Minister of Commerce and Industry Eng. Amr Nassar to follow up the conclusions and recommendations of the three- Recently held in Cairo to promote bilateral agreements and achieve economic integration among the three countries. "

He pointed out that "the meeting dealt with extensive discussions on a number of economic files to complement the discussions of the tripartite summit and agree on the continuation of coordination to follow up these files with the development of mechanisms and plans and timelines for the implementation of the benefit and the common interests of all."

"The Minister of Industry and Minerals of Iraq accompanied by the technical agent and the scientific advisor of the ministry went to Jordan yesterday to participate in the tripartite meeting of the Iraqi Jordanian-Egyptian at the invitation of his Jordanian counterpart to strengthen relations of cooperation at all levels and at all levels."

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ARTICLE 5

Nassif: Land mafias offer to bid on land belonging to the Saddam Hussein family in Baghdad
2019/5/8 16:01
[Baghdad-where]

MP Ali Nassif revealed on Wednesday that hundreds of people had bid for land on the land belonging to former dictator Saddam Hussein in a prominent location in the Baghdad area, while confirming the continuation of the land mafia in its wars to acquire lucrative land with excellent sites, she expressed regret for the cases of "greed and greed spread even between Important figures in the state as if they were in a race. "

Nassif said in a statement today that "a lot of information we get from time to time about competing land mafias and entering the auctions, the most recent bid on land in the Radwaniyah overlooking the river back to Sajida Khairallah wife of the former regime chief is said to have a large house, And then got into a quarrel between two clans because of it, and then broke into a person from one of the two families of the director's room and beat him because he did not make the auction docked it, it is said that the rent of one dunam of this land million dinars annually, In the end, the bidding was canceled because of the possibility Access fierce wars to get this land. "

"After two days of bidding, the governor ordered the transfer of the head of the land department, who received information about his legal irregularities and his acquisition of land and real estate. He called one of the deputies to mediate and return him to his post and cancel the transfer. Ramadan, and was the arrival of a new head of the land section, but unfortunately it turned out to be less corrupt than the former, and according to information received from us, the governor continues to monitor and apply the maximum penalties against anyone who begs himself tampering and manipulation of land.

"There is another land in the Zaytoun neighborhood (Abu Ghraib) close to the public street number (1/71) according to the information received by us there are important figures, including deputies and a security chiefs are racing to get them," noting: "The fever of greed difficult to cure if The man was weak and did not realize that all that is collected from the Sacred Haram will later become a curse on him, where the poor people of these muffies that are not satisfied ?! Many of the martyrs' families are more concerned about what they cook for breakfast in Ramadan, while the whales of corruption think of taking the spoils by any means. "

Nassif praised the efforts of the governor of Baghdad, who did not fail to hold the corrupt accountable, pointing out that "he must take honest observers in all his circles have to fear of God to convey to him the facts about these hurdles that occur by corrupt and greedy.

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ARTICLE 6

An Iraqi deputy attacks an Saudi preacher and accuses him of distorting the image of Islam
2019/5/9 19:08
[Baghdad-where]

MP Saadoun al-Dulaimi, on Thursday, launched an attack on the Saudi preacher Aa'id al-Qarni, while accusing him of distorting the image of Islam.

Al-Dulaimi said in a tweet on his website in Twitter: "Forty years of the call for hatred and violence and stirring up sedition brings us back to apologize for what happened to him," he said sarcastically: "God, let alone Badri Yashich."

He asked: "Apologize to whom? For the innocent souls that have been shed or for the devastated countries, or for the bereaved, the widows and the homeless, or for the saudians whose bodies are scattered all over the world, or for Islam, whose image you have distorted? "



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