Friday, May 24, 2019

WOTS Friday 5/24/19

WOTS Friday 5/24/19

WOTS Friday 5/24/19:
 
Forex Rates
 
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1161.3000  1214.9000 1186.0000 1186.0000 1186.0000  0.0000 04:38
 USD/VND  23355.0000  23425.0000 23355.0000 23354.0000 23354.0000  -30.0000 03:15
 USD/CNY  6.9041  6.9061 6.9135 6.9003 6.9090  -0.0053 04:55
 USD/KWD  0.3033  0.3053 0.3040 0.3032 0.3040  -0.0006 04:54
 GBP/USD  1.2690  1.2691 1.2710 1.2641 1.2655  0.0035 04:55
 USD/IRR  0.0000  0.0000 42000.0000 42000.0000 42000.0000  0.0000 04:38
 USD/IDR  14363.0000  14381.0000 14556.0000 14336.0000 14451.0000  -64.0000 04:55
 
 
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DC NY Iraq Articles:dd
 
 
British Prime Minister Teresa May resigns
 
 
 
24-05-2019 12:14 PM
 
Baghdad
 
British Prime Minister Theresa May announced on Friday that she had resigned and said she had done everything in her power to achieve democracy and protect the agreement.
 
May's decision to pave the way for a new leader is likely to seek a more decisive deal for Britain's exit from the European Union.
 
After three years in office, overwhelmed by the crisis, Mai is scheduled to meet with the chairman of the Conservative Party's 1922 committee, which can dismiss prime ministers to set a timetable for her departure.
 
Ministers expect May to receive a statement Friday afternoon.
 
Jeffrey Clifton Brown, chairman of the 1922 committee, said: "I expect May to remain a temporary president of the government until a successor is chosen."
 
"It would be more appropriate if she continued as interim president of the government during the election of the leader of the Conservative Party to take over as prime minister," Clifton Brown told the BBC.
 
The election of a new Conservative leader takes about six weeks.
 
The Times is expected to begin running for party leadership on June 10 after a state visit by US President Donald Trump to Britain.
 
The May departure will deepen Britain's exit crisis from the European Union, where the new prime minister is likely to seek a more decisive deal, increasing the likelihood of a clash with the bloc and holding early general elections. d

 

In a meeting during which he discussed ways to support the security and stability of Iraq to achieve unity and territorial integrity and strengthen efforts in the fight against terrorism and eliminate it

https://translate.googleusercontent.com/translate_c?depth=2&hl=en&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=https://www.alanba.com.kw/ar/kuwait-news/official/904250/24-05-2019-%25D8%25A8%25D8%25A7%25D9%2584%25D9%2581%25D9%258A%25D8%25AF%25D9%258A%25D9%2588-%25D8%25A7%25D9%2584%25D8%25A3%25D9%2585%25D9%258A%25D8%25B1-%25D9%2588%25D8%25B1%25D8%25A6%25D9%258A%25D8%25B3-%25D8%25A7%25D9%2584%25D9%2588%25D8%25B2%25D8%25B1%25D8%25A7%25D8%25A1-%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7%25D9%2582%25D9%258A-%25D8%25A8%25D8%25AD%25D8%25AB%25D8%25A7-%25D8%25AA%25D8%25B9%25D8%25B2%25D9%258A%25D8%25B2-%25D8%25A7%25D9%2584%25D8%25B9%25D9%2584%25D8%25A7%25D9%2582%25D8%25A7%25D8%25AA-%25D8%25A7%25D9%2584%25D8%25AB%25D9%2586%25D8%25A7%25D8%25A6%25D9%258A%25D8%25A9-%25D9%2588%25D8%25A7%25D9%2584%25D8%25AA%25D8%25B9%25D8%25A7%25D9%2588%25D9%2586-%25D8%25A7%25D9%2584%25D9%2585%25D8%25B4%25D8%25AA%25D8%25B1%25D9%2583/%3Futm_source%3DrssFeed&xid=25657,15700023,15700186,15700190,15700256,15700259&usg=ALkJrhhm8LA0PRSaUmrUQ3PBdSml8KWxLg
 
Friday 24/05/2019
 
Prince and Iraqi Prime Minister discussed strengthening bilateral relations and cooperation 
His Highness the Amir Sheikh Sabah Al-Ahmad received at Dasman Palace yesterday evening in the presence of His Highness the Crown Prince Sheikh Nawaf Al-Ahmad. His Highness the Prime Minister received Sheikh Jaber Al-Mubarak and the Prime Minister of the Republic of Iraq Adel Abdul-Mahdi and the accompanying delegation on the occasion of his official visit to the country.
During the meeting, they exchanged cordial greetings in the atmosphere of brotherly spirit and the depth of the bilateral relations linking Kuwait with the brotherly Republic of Iraq and its continuous development and promotion of mutual cooperation frameworks in various fields to wider horizons between the two countries and the two brotherly peoples. In the fight against terrorism and eliminate it also included discussions discuss issues of common interest and the latest developments on the regional and international arenas.
HH the Amir Sheikh Sabah Al-Ahmad Al-Ahmad Al-Ahmad Al-Ahmad Al-Ahmad Al-Jaber Al-Sabah held a breakfast banquet in honor of President Adel Al-Mahdi of the Republic of Iraq and his accompanying delegation.
Iraqi Prime Minister Adel Abdul Mahdi and the accompanying delegation left the country, where he was on a visit to Kuwait International Airport, Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khalid, Deputy Prime Minister and Minister of State for Cabinet Affairs, Head of Mission of Honor Anas Al-Saleh and a number of sheikhs, ministers and advisors. Senior officials of the State, the Diwan of the Prime Minister and ambassadors of the two countries.
The Kuwaiti delegation arrived at Kuwait International Airport on Wednesday, the first of which was Sheikh Jaber Al-Mubarak, Prime Minister and First Deputy Prime Minister and Minister of Defense Sheikh Nasser Sabah Al-Ahmad, Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khalid. Deputy Prime Minister and Minister of Interior Sheikh Khalid Al-Jarrah, Deputy Prime Minister and Minister of State for Cabinet Affairs, Head of Mission of Honor Anas Al-Saleh and a number of Sheikhs, Ministers, Counselors and the Dean of Diplomatic Corps Ambassador of the Republic of Senegal to Kuwait AbdulAhmad ImbakAnd senior officials at the Diwan of the Prime Minister and the two countries ' ambassadors.
The guest was given an official reception ceremony, during which he played the Iraqi and Kuwaiti national anthems and then shook hands with his future dignitaries.

 

Turkish Jets Bombard Kurdistan Border

 
BasNews 24/05/2019 - 00:46 Published in Kurdistan
 
Turkish warplanes carried out on Thursday night airstrikes in Bradost mountains, northern Erbil province, allegedly targeting the positions of the Kurdistan Workers' Party (PKK) in the area.
Kurdistan 24 cited its correspondent in the region as saying that the jets bombarded the villages of Lelkan, Gorasha, Khalifan, and Siran, focusing more on Mount Del.
The airstrikes were conducted at around 11:00 pm, Erbil time, according to the report, noting that Turkish army has bases in the area as well.
No further details are currently available on possible casualties due to the air raids.
There is a decades-long military confrontation between the PKK and Turkish army over the Kurdish question in Turkey. The Kurdish armed group is designated as a "terrorist organization" by Ankara.
 

Ex-MP proposes implementing hierarchy for senior posts

 
 
 
Friday، 24 May 2019 01:35 AM
Former MP Mohamed El-Lakash proposed implementing the hierarchy at work to replace acting ministers and officials.

Lakash said that Iraq has missed this principle since 2003, adding that hierarchy must take place according to standards of professionalism, efficiency, integrity, firmness and courage.

The government announced the first step to end the the appointments of acting officials in state institutions by setting June 30 as a deadline for the contract of these officials except for security and military bodies.

Decision to open Green Zone for public irreversible: official

 
24/05/2019
Mohamed al-Bayati, secretary of Prime Minister Adil Abd al-Mahdi, said on Thursday that both the prime minister and the parliament speaker have a unified vision to open the Green Zone for the public, stressing that the decision will not be reversed.
Abd al-Mahdi ordered in March opening the Green Zone. Iraqi media quoted an unnamed government source as saying that Abd al-Mahdi will announce in the coming days fully opening the Green Zone before the end of this month.
Iraqi security authorities have announced on Wednesday a new plan to secure the Green Zone in the Karkh district of central Baghdad.
A rocket was fired into the Iraqi capital’s heavily fortified Green Zone, landing less than a mile from the sprawling US Embassy.
The attack came among growing tension across the Arabian Gulf after the White House ordered warships and bombers to the region earlier this month to Iran’s threats.
The 10 square kilometer zone is home to the state's top political institutions and embassies. Outgoing Prime Minister Haidar al-Abadi announced in 2015 opening the Green Zone to the public for the first time in 12 years.

Al-Khalid and Al-Ghadhban discussed issues of common interest between Kuwait and Iraq
24/05/2019
KUWAIT: Kuwaiti Prime Minister and Foreign Minister Sheikh Sabah Al-Khalid held talks with Kuwaiti Oil Minister Thamir Al-Ghadhban on the occasion of the two-day visit to Kuwait. During the talks, the two sides reviewed the overall close and solid relations of cooperation between the two brotherly countries and ways of developing and developing them at all levels and in various fields, in addition to discussing a number of issues of concern. Strk between the two countries.
The official talks were attended by the Minister of Finance Dr. Minister of State for Youth Affairs Mohammed Al-Jabri, Minister of Trade and Industry Khalid Al-Rowdan, Minister of State for Economic Affairs Mariam Al-Aqeel, Minister of Oil and Minister of Electricity and Water. Khalid Al-Fadhel, Deputy Foreign Minister Khalid Al-Jarallah, Head of the National Security Agency Sheikh Thamer Al-Ali, Director General of the Kuwait Fund for Arab Economic Development Abdulwahab Al-Bader, Assistant Secretary of State for Arab Affairs Ambassador Fahd Al-Awadhi, Assistant Foreign Minister for Deputy Foreign Minister Ayham Al-Omar, Minister of Interior Issam Al-Nham and a number of senior officials in the UAE.
Al-Jarallah: The visit of the Prime Minister of Iraq is positive and fruitful. The two sides agreed to develop cooperation
Deputy Foreign Minister Khalid Al-Jarallah said that the visit of Iraqi Prime Minister Adel Abdul-Mahdi to the country is fruitful and positive and constitutes an opportunity to exchange views and discuss relations between the two brotherly countries.
Al-Jarallah said in a statement to Kuwait News Agency (KUNA) that the Iraqi Prime Minister and his accompanying delegation met with their Kuwaiti counterparts, where they discussed the details of bilateral relations and the most important issues of mutual interest.
He pointed out that the two sides agreed to develop and strengthen cooperation in all fields, especially that this visit comes after the convening of the seventh high ministerial joint committee, indicating that it was confirmed what was agreed upon in that committee.
Al-Jarallah expressed his optimism in developing relations between Iraq and Kuwait. "We believe that we are moving in the right direction to achieve the interests of the two countries and the two brotherly peoples and strengthen their bilateral relations in light of the difficult situation in the region," he said.
Asked whether there were any agreements or memorandums of understanding signed during the visit, Jarallah said that "the agreements were signed during the meetings of the Joint High Ministerial Committee earlier this month, but what was discussed during the visit is to discuss the details and put forward visions in the future. Framework of brotherly relations ».
He added that the ministerial committee has developed a clear roadmap in preparation for the completion of important issues outstanding between the two brotherly countries.
 
 
Kauaihn Iraq Articles:dd

Salih returns Iraq after meeting Jordanian King

24/05/2019
Iraqi President Barham Salih returned home Thursday evening after a short visit to the Hashemite Kingdom of Jordan.

During his visit to Jordan, Salih met with Jordan's King Abdullah II and Palestinian President Mahmoud Abbas in a tripartite meeting, during which they discussed the development of relations between the three countries and the importance of continuing coordination and consultation on various issues.

Salih and King Abdullah II affirmed during their talks in Amman on Thursday that they will continue to develop cooperation between the two countries in various fields, especially economic, trade and investment. Sabah al-Ahmad and Abdul-Mahdi expressed their hope to defuse the crisis between America and Iran

Iraq must be concerned about US-Iranian tensions: MP

 
Friday، 24 May 2019 01:45 AM
 
Iraq US army flags - US Department of Defense - Capt. Christian Lopez
Saairun Alliance MP Burhan al-Mamouri called on the Council of Ministers to hold an extraordinary session to discuss the escalation of tensions in the region and its repercussions on Iraq.

The escalation of remarks and tensions between Iran and the US should take an important part of the concerns of the government," Mamouri said in a press statement, adding that "in case an armed clash [took place], Iraq will be the most affected."

He also stressed rejecting turning Iraq to a battlefield, urging the government to deal "with caution" with all possibilities.

Iraq and Kuwait in a unified position: The war will not be easy if it happens
Published: 24/05/2019
Baghdad: «Gulf», agencies
The Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah discussed yesterday with Iraqi Prime Minister Adel Abdul-Mahdi the bilateral relations linking the two countries, means of enhancing them and developing them, the frameworks of joint cooperation in various fields, A unified position on their hope to defuse the crisis between America and Iran, stressing that the war will not be easy if signed.
The meeting dealt with ways to support the security and stability of Iraq to achieve unity and territorial integrity and to enhance efforts in the fight against terrorism. The talks also discussed issues of common concern and the latest developments on the regional and international levels. The Amir of the State of Kuwait expressed his appreciation for the Iraqi Prime Minister's policy of establishing relations with all, and for Iraq's development and stability. Thanks to this policy, he affirmed Kuwait's readiness to contribute to reconstruction efforts in various Iraqi provinces. He added: "War is not easy, and it harms everyone if it occurred, and we hope the success of mediation efforts, which are carried out by many countries, and succeed in achieving peace and stability for the benefit of all."
For his part, Abdul-Mahdi said, according to a statement of his media office, "We are at a stage to clear the problems between Iraq and Kuwait, and we have come a long way, and overcome many outstanding issues, and put hand in hand; to build a better future, and relations of integration, and we have a lot of participants and opportunities, "The Iraqi government is working hard to serve its people, develop the economy in cooperation with our brothers and neighbors, and keep the danger away from our peoples and our countries," he said. And defuse the times ». He pointed out that «the situation is sensitive and dangerous, and we are afraid of the region sliding into a devastating war, and we must cooperate, and encourage efforts to stabilize and defuse the war», pointing to «match the European views with Iraq on the crisis between Iran and America». He pointed out that «Iraq will not enter the policy of axes and alignments. He said: "We hope that the coming conferences will come out with a letter of calm that serves the stability of the region, which suffered the scourge of war and destruction

Baghdad: «Gulf», agencies

The Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah discussed yesterday with Iraqi Prime Minister Adel Abdul-Mahdi the bilateral relations linking the two countries, means of enhancing them and developing them, the frameworks of joint cooperation in various fields, A unified position on their hope to defuse the crisis between America and Iran, stressing that the war will not be easy if signed. 
The meeting dealt with ways to support the security and stability of Iraq to achieve unity and territorial integrity and to enhance efforts in the fight against terrorism. The talks also discussed issues of common concern and the latest developments on the regional and international levels. The Amir of the State of Kuwait expressed his appreciation for the Iraqi Prime Minister's policy of establishing relations with all, and for Iraq's development and stability. Thanks to this policy, he affirmed Kuwait's readiness to contribute to reconstruction efforts in various Iraqi provinces. He added: "War is not easy, and it harms everyone if it occurred, and we hope the success of mediation efforts, which are carried out by many countries, and succeed in achieving peace and stability for the benefit of all." 
For his part, Abdul-Mahdi said, according to a statement of his media office, "We are at a stage to clear the problems between Iraq and Kuwait, and we have come a long way, and overcome many outstanding issues, and put hand in hand; to build a better future, and relations of integration, and we have a lot of participants and opportunities, "The Iraqi government is working hard to serve its people, develop the economy in cooperation with our brothers and neighbors, and keep the danger away from our peoples and our countries," he said. And defuse the times ». He pointed out that «the situation is sensitive and dangerous, and we are afraid of the region sliding into a devastating war, and we must cooperate, and encourage efforts to stabilize and defuse the war», pointing to «match the European views with Iraq on the crisis between Iran and America». He pointed out that «Iraq will not enter the policy of axes and alignments. He said: "We hope that the coming conferences will come out with a letter of calm that serves the stability of the region, which suffered the scourge of war and destruction."
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A specialized ring was set up to manufacture and smuggle counterfeit drugs to Baghdad

 
2019/5/24 0:28
 
(Baghdad: Al Furat News) The Office of the Inspector General of the Ministry of Interior in the Directorate of Control and Foreign Roads arrested two people involved in the smuggling of materials involved in the manufacture of counterfeit drugs and packaging in one of the capital Baghdad.
A statement issued by his office, received the agency {Euphrates News} a copy of it, "The arrest of the two people was the result of one of the detachments of the Office of the inspection of checkpoints and foreign roads duty to follow the work of the controls where the detachment seized a truck in the control of Abu Ghraib (west of Baghdad) Loaded with materials used in the manufacture and packaging of counterfeit medicines (empty medicine boxes and sticky labels for use in drug and drug delivery dates, as well as internal drug leaflets). " 
He added that "these seized materials do not contain any official documents proving their return or ways to enter the country." 
He added that "the detachment arrested the driver of the wheel, who reported not to return the goods to him, but is one of the persons who was able to draw and capture the Detainee, who admitted the role of a third person from the residents of the provinces of Kurdistan, the load is back to him. 
He pointed out that the third person who is a resident of the Kurdistan region imports these goods and smuggles them from Basra to the region in order to use them in packing and packing medicines. Spoiled and expired and then re-supply and sell at the bakery in the center and south of the country. " 
"The investigation also revealed that the owner of the goods is working with medicines for the capital of Baghdad, especially those located in Palestine Street, and the inspection unit organized a record of the arrest and recorded the statements and confessions of the defendants and their presentation and investigative papers before the competent investigating judge who decided to arrest them pending investigation. Continued with them to know the circumstances of the case and those involved in it. "

Abdel-Zaman's efforts to appoint oil engineers to the protesters are yielding approval

 
 
24/05/2019 01:36 AM |
The Minister of Labor and Social Affairs, Dr. Bassem Abdul-Zaman, announced the approval of the appointment of oil engineers after discussions and coordination with the relevant authorities. The minister met on Thursday night a group of oil engineers protesting in front of the Ministry of Oil and told them to get approval for their appointment in accordance with the procedures and fundamentalist controls.
For their part, the graduates expressed their thanks and congratulations for the extraordinary efforts exerted by the Minister of Labor in delivering their voice to the Council of Ministers and obtaining approval for their appointment.
It is worth mentioning that the Minister of Labor, Dr. Bassem Abdul-Zaman, held frequent meetings with a group of oil engineers graduates in front of the building of the Ministry of Oil and listened to their requests and promised to be submitted to the Council of Ministers has resulted in obtaining the approval of their appointment according to the fundamentalist measures.
 
 
Iraqi Turkmen Front inquires about fate of Kirkuk ex-governor
 
24/05/2019
The Iraqi Turkmen Front sent an inquiry to Prime Minister Adil Abd al-Mahdi asking him for information about Kirkuk's former governor who was earlier arrested in Beirut.

This comes after reports claimed that
 Najmaldin Karim who was arrested by the security authority at the Beirut-Rafic Hariri International Airport, according to orders from INTERPOL.

Arshad Salehi, head of the front, asked whether there is a governmental mediation to release the former governor, and  whether he will be returned to Iraq, noting that he faces corruption and integrity charges that harms national security.
A source revealed a high-level mediation by the Kurdistan Democratic Party to release former Karim.
 
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ECONOMIC TIMES / CHATTER

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GLOBAL/NEWS/INFO

Today in History

Read in ABC News: https://apple.news/AXS6bWtMmQlCVVaWykoDptg



Do you consider your home a great investment? Think again
Your home may be many things. A place to raise your family. An opportunity to put down roots. But one thing it is not is a great investment, according to expert Jonathan Clements.

Read in CNBC: https://apple.news/AvCTKbADLRluj3T93NF8DEA


The average credit score of Americans in every state
Americans in certain areas of the country have significantly higher average credit scores than others. Experian's annual State of Credit report shows the average score in each U.S. state.

Read in CNBC: https://apple.news/AwHyTtriTQ3mkt0SbSvNojA


Coming soon: a world without cash
With a boost from the New York City transit system, the U.S. is finally embracing contactless payments, which are made by touching a debit or credit card on a reader.

Read in CNBC: https://apple.news/Ai5X9t3FKQjyyuE9znBLYwg


10 Things to Know for Today
Among 10 Things to Know: 'Violent tornado' touches down in Missouri capital; Trump intensifies fight with Democrats; Europeans begin voting for EU Parliament

Read in ABC News: https://apple.news/AzUpAwZ2nSuWpyT78Ef-nHg


OIL/COMMODITIES/ENERGY


PRECIOUS-Gold holds near 2-week low on firmer dollar; Fed minutes awaited
* Minutes of U.S. Fed meeting due at 1800 GMT

Read in Reuters: https://apple.news/A7vTIsnuyS0mDZcO6qMpe8w

Big firms join new task force looking to 'make best use' of UK wind power - News for the Oil and Gas Sector
Big firms from oil and gas and the renewable energy sector have signed up to new task force aimed at exploiting the large amounts of offshore wind power generated in the UK. Energy giants such as Shell, Equinor, Vattenfall and Orsted have all agreed to a new research project to “make best use” of the UK wind resource. The Offshore Wind Industry Council (OWIC) said it will begin a major programme of work to ensure that the UK’s low-carbon energy system is generating the most amount of power from

Read in Energy Voice: https://apple.news/Al5aQMXG0PwiCJ5Nk8Cug-g

Oil Price Fall on U.S. Crude Inventory Build
Commodities May 23, 2019 05:24 GMT Investing.com - Oil prices fell on Thursday in Asia as reports showed a surprise build in U.S. crude inventories last week. U.S. Crude Oil WTI Futures were down 0.6% to $61.03 by 1:18 AM ET (05:18 GMT). International Brent Oil Futures dropped 0.7% to $70.48. Crude prices fell as much as 3% on Wednesday after data from the U.S. Energy Information Administration (EIA) showed that crude inventories rose by 4.7 million barrels last week, versus expectations for a

Read in Investing.com: https://apple.news/AX68bkTL_Tf2yxmnjM6MlTQ



BANKS/BANKING/CREDIT


Ratings agency Fitch warns about systemic risks of shadow banking
Banks are healthier and taking on less risk, but that doesn't necessarily mean that the financial system is safe. The risk has largely just moved outside the banking system to the so-called shadow banking industry, ratings agency Fitch said Tuesday.

Read in Axios: https://apple.news/A6YP91kZ8Q1K3TSR4iLLmlQ


Nigeria: Why We Don't Keep Our Monies in Banks - Unbanked Nigerians
(Photo: Pixabay) "I don't have an account, and I can never have one till I die. My pocket and my car are secure enough for me, no matter how much I have," an Abuja resident, Ibrahim Gombe, told PREMIUM TIMES. Mr Gombe, who is into 'different businesses' including working as an estate agent, said after he gets his commission in cash from clients, he keeps his money in his car or at home. "I am a very temperamental person. If I open an account and ATM 'swallows' my card or I have to queue to

Read in AllAfrica: https://apple.news/AUPYxg9bhOVm0CwgeO0qQQQ

Top banking officials in China's Tianjin warned against corruption
Senior executives at eight banking institutions in China's Tianjin were warned by the city's top Communist Party official against corruption, the country's graft-buster said on Wednesday.

Read in Reuters: https://apple.news/AJDFaZqQeRU-HHMOGKqa5bA

Trump Deutsche Bank dealings seen in context of deregulation push
Senator Sherrod Brown, member of the Senate Banking, Housing and Urban Affairs Committee, talks with Rachel Maddow about the recent New York Times report that Deutsche Bank employees reported suspicious activity by Donald Trump and Jared Kushner, and the Read more

Read in MSNBC: https://apple.news/AcfKFbXcHNqqfCZ3B_WTJuA

Latest low-fee, digital accounts shake up South African banking
South Africans were offered low-fee, digital accounts by two "traditional" banks this week in a sign of how competition from a new breed of cheaper, online-only rivals is driving change in the $30 billion market.

Read in Reuters: https://apple.news/AGBG3yymzQBS-iUPtygV98w

Chase tap-to-pay card by Visa can soon be used to ride New York City subways and buses
J.P. Morgan Chase & Co. and Visa Inc. said Wednesday that Chase customers can soon use their Visa contactless cards to ride subways and buses in New York City. The use of the tap-to-pay cards will start May 31 for the 4, 5 and 6 subway lines between the Grand Central-42nd Street station in Manhattan to Brooklyn's Atlantic Ave.-Barclays Center station, and on all Staten Island buses. "Over time," all subway lines and buses will accept the contactless cards, the companies said. "Contactless

Read in MarketWatch: https://apple.news/A9wP2cl1VR_6pxgB1MjA3cg

TREASURIES/BONDS/STOCKS

The last time markets were this oversold, stocks rallied 9% in 3 months
Stock markets are slowly healing from the worst of the month's trade war sell-off, and one under-the-surface indicator suggests the S&P 500 might completely recover before breaking out to new highs.

Read in CNBC: https://apple.news/Aw2NIh6GsQ_yrTBRcPfiKMw


Investors run for safety amid threat of broader U.S.-China spat
Global stocks were slightly lower on Wednesday as investors sought safety in bonds, the Japanese yen and Swiss franc in muted trade amid renewed worries over the U.S.-China spat after reports Washington has another Chinese tech firm in its sights.

Read in Reuters: https://apple.news/ARf_uKZQpQwObSC7e_oyhMw

Stocks In Holding Pattern Amid China Tech Tension: Markets Wrap
European stocks drifted and U.S. equity futures edged lower in Asia as investors digested the latest U.S -China confrontations over advanced technology.

Read in Investor's Business Daily: https://apple.news/A5Vs9ldIuQTC7EmSSmeJ8xw


Private Markets Are Booming. Mom-and-Pop Investors Are Missing Out.
Private equity and debt markets are growing twice as quickly as public markets, even though private financing is more expensive for companies, Bank of America says.

Read in Barron's: https://apple.news/AvwTG4fOPTRywhq0QbecJTw

The Stock Market Is Waiting for More Evidence the Fed Is on Its Side
The U.S.is also said to be considering putting more Chinese tech companies on a blacklist.

Read in Barron's: https://apple.news/AqHCfe6mXQaOHJwEUEdERGg



CRYPTO'S / DIGITAL CURRENCY

Africa's Appetite for Cryptocurrencies Surges
The price of bitcoin soared to an all-time high of $20,000 in December 2017 and collapsed to $3,400 a month later, prompting speculation that cryptocurrencies had imploded in the fizz of their own hype and unfulfilled promises. Since then, however, the price has held steady and even begun to tick back upwards. In South Africa, and on the continent, there have been several recent crypto developments, suggesting the market here is beginning to tingle with life. Luno, the crypto-exchange backed by

Read in AllAfrica: https://apple.news/AxLxXeXwVMe2kVP6EhfItmQ

Bitcoin [BTC]: Israel classifies the world's largest cryptocurrency as an asset, and not as a currency
The acceptance and adoption of Bitcoin [BTC] as a mainstream form of payment has been the main focus of a lot of proponents in the space, with some parts of the world leaning positively, while others still considering the largest cryptocurrency as a speculative asset. The latest country to comment on Bitcoin was Israel, with...

Read in AMBCrypto: https://apple.news/AXw9ipddOTbyBwZ08Ay1R3Q

Bitcoin Remains On the Defensive With Price Below $8k
Bitcoin is teasing a downside break of its recent trading range, having again faced rejection above $8,000 today.

Read in CoinDesk: https://apple.news/Alql7SholSk6_qxeqCGilFA

Celebrating Bitcoin Pizza Day in Iran
Tehran, Iran - Reza Abdollahi isn't just a fan of cryptocurrencies. He's among the fledgling ranks of business owners in Iran who accept them as a form of payment. For the past six months, customers at his Mashhad restaurant, 1001 Nights Cinema Pizza, have been able to cover their tabs in bitcoin and other cryptocurrencies. They even get a 50 percent discount if they choose these forms of payment over other types of legal tender. "We have up to 200 people paying with crypto each month, mostly

Read in Aljazeera: https://apple.news/AAsRLw7g6MqKJot6PpsPlAw


CURRENCIES


Dollar gauge slips but holds near 3-week high ahead of Fed minutes
A popular gauge of the U.S. dollar on Wednesday hangs near its highest level in about three weeks, with investors awaiting an account of the Federal Open Market Committee’s most recent policy gathering, which holds the potential for a fresh catalyst for bucks.

Read in MarketWatch: https://apple.news/A4nSinRwgTU2BYbve3thwxQ

Leveraged loan borrowers shun sterling
LONDON, May 22 (LPC) - Leveraged loan borrowers are shyingaway from sterling in the run up to Brexit, instead opting toraise euros or dollars with swaps in place, restricting furtheran already illiquid market.

Read in Reuters: https://apple.news/AGGJ_UEJ5RsqqA5npuEV1UQ

UPDATE 1-Poland's central bank head says won't allow euro adoption
(Updates with quotes, political context)

Read in Reuters: https://apple.news/AbrQ-YaRwSimb8a7oEuDkHA

Pound Falls to Lowest in Four Months on Brexit Chaos
The pound fell for a record 13th day against the euro as Prime Minister Theresa May came under renewed pressure to step down after her new Brexit plan was roundly rejected.

Read in Bloomberg: https://apple.news/AmtFdeDmqRiiNpBNunHFeXg

Ugandan shilling unchanged amid offshore investor flows
The Ugandan shillingtraded unchanged on Wednesday on the back of hard currencyinflows from offshore investors participating in a central bankTreasury auction.

Read in Reuters: https://apple.news/AgIvZAL6fQACrNptdsq1gCQ

Turkey’s lira under pressure as central bank stages fresh defense of currency
The Turkish lira on Tuesday was retreating against the U.S. dollar as the government told local banks to slow process currency purchases, a fresh attempt to tamp down speculative bets on lira, according to reports.

Read in MarketWatch: https://apple.news/AJMDVYFYAQb2VyZ-wJg3YDQ


HEALTH / SCIENCE


Eli Lilly's half-price insulin goes on sale, but critics say it's still too costly
Eli Lilly's lower-cost version of its Humalog insulin still costs much more than insulin sold outside the U.S.

Read in CBS News: https://apple.news/A_awjUx4yR0iksYoxxcltSA

What Is Cystic Fibrosis? This Genetic Disease Affects Every System In the Body
The life-threatening disorder causes shortness of breath, a persistent cough, and digestion issues.

Read in Health.com: https://apple.news/AneTLb--LSOCUbJ6KK49sfA

What Makes Malaria So Hard to Fight?
Malaria is one of the oldest diseases in human history, dating back to ancient civilizations in Greece and China. It has even been attributed to aiding the fall of the Roman Empire. So if we’ve been fighting malaria for so long, why haven’t we been able to stop it? SICK is a new series that looks at how diseases actually work inside our body. We'll be visiting medical centers and talking to top researchers and doctors to uncover the mysteries of viruses, bacteria, fungi and our own immune system

Read in Seeker: https://apple.news/ARzCWCJutQu6jdQdhInj8QQ

Aspirin 'safe' for brain-bleed strokes
Patients can take aspirin without raising their risk of another stroke, a study suggests.

Read in BBC News: https://apple.news/AMvZc_YMKQuKLr--cd8tCHQ

Heart disease deaths in middle-aged women on the rise
A rise in risk factors like obesity along with the high cost of health care and insurance may play a role.

Read in NBC News: https://apple.news/AYP_kHamGQGCQAmCqSMk5hg

This blood test can predict dementia. It’s a double-edged sword.
Nobel prizewinner Koichi Tanaka says the predictive blood test for Alzheimer’s disease he and colleagues spent almost a decade developing is a double-edged sword.

Read in Bloomberg: https://apple.news/A87FxnCAOTKy7_9mOPitUBw

Here Are the Safest and Most Effective Sunscreens
Summer means more time in the sun, which can be good for the bones—all that vitamin D—but bad for the skin. In its annual report on the sunscreens with the least toxic ingredients that are also effective, the Environmental Working Group (EWG) found more than 250 products that measure up. All are free of two ingredients the Food and Drug Administration (FDA) has deemed are not generally safe and effective—PABA and trolamine salicylate—based on research showing these chemicals can contribute to

Read in TIME: https://apple.news/Aw5TJsIzKTmKNN1Iv6hva0w


USA / CANADA

The U.S. housing slump continued in April
The April reading of U.S. existing home sales missed expectations on Tuesday, adding another losing month to a long trend on a year-over-year basis.

Read in Axios: https://apple.news/AvNsAS8NAReChJPZVNaJSCA


Trump wants Mexico-Canada trade deal approved before Democrats, White House turn to infrastructure
President Donald Trump sent Pelosi and Schumer a letter saying he wants two should come to a Wednesday meeting with infrastructure priorities.

Read in USA TODAY: https://apple.news/ARfUrvz1yS7ynwXTNmVcqkw

Despite recession warnings, investors aren't panicking as Trump's trade war continues
Despite warnings from economists that the U.S-China trade war could cause a global economic recession, investors have been buying rather than selling.

Read in Axios: https://apple.news/ALC8Gd7mrQQK9Pn1wBM-lVQ

Trump wants Mexico-Canada trade deal approved before Democrats, White House turn to infrastructure
President Donald Trump sent Pelosi and Schumer a letter saying he wants two should come to a Wednesday meeting with infrastructure priorities.

Read in USA TODAY: https://apple.news/ARfUrvz1yS7ynwXTNmVcqkw


Fed minutes could reveal what officials are really thinking about a rate cut
When the Fed releases minutes of its last meeting this afternoon, it risks sounding a bit hawkish.

Read in CNBC: https://apple.news/Ak_wEOjNARriHgR4mnuDqOg

“Violent tornado” hits Missouri, governor says people are trapped amid damage
The National Weather Service issued an emergency late Wednesday after a “violent tornado” was reported in the Jefferson City area. Missouri Gov. Mike Parson posted a message on Twitter saying some people are trapped amid extensive damage in the city.

Read in The Kansas City Star: https://apple.news/A5Edn9lc8Qou9Y5GSGx7kfw



EMERGING MARKET
 
 
 
Nonprofits turn to cryptocurrency to help needy Venezuelans
Over the past decade, cryptocurrencies like EOS and bitcoin have become popular among investors looking to make large profits or anonymously store money

Read in ABC News: https://apple.news/AClVS-JaqSXqMt8n4p5KFjQ
 
 
UPDATE 1-Brazil to drop WTO sugar case against China
(Adds details of agreement, sugar group comments, context)

Read in Reuters: https://apple.news/ABqmrsFzoRo2-ThxH4buuyg
 
 
Brazil eyes another round of budget freezes, weighing on economy
Brazil's government is expected to announce another round of budget freezes on Wednesday, raising the risk of pushing the country's already weak economy closer to recession and adding to political pressure on President Jair Bolsonaro.

Read in Reuters: https://apple.news/Ax5q-SNpWSL-TT1onEAQbAA
 
The markets are asleep at the wheel - AEI
Markets do not have the best of past records in pricing in major systemic risks to the global economy that later materialized and that then caused substantial market declines. Judging by how sanguine markets currently seem to be about the unusual constellation of major risks facing the world economy, we could very well be on the cusp of another episode on which we will look back and ask ourselves what were the markets thinking. Niall Ferguson, the noted historian, provides us with a vivid past

Read in AEI: https://apple.news/Am4TV7KjzP9mPsKgK27u0CQ
 
 
Terry Smith Steps Back from Emerging Markets Trust
The veteran investor is handing over the reins of Fundsmith Emerging Equities Trust

Read in Morningstar UK: https://apple.news/A8ZeXmACnOB2bMrCp0DRezQ
 
 
Inside Venezuela's economic collapse
As President Nicolas Maduro and opposition leader Juan Guaidó vie for control of Venezuela, average citizens are paying the price. Experts say the economic collapse there is the worst outside of war in 45 years. Inflation could hit 10 million percent this year, making the country's currency virtually worthless and leaving people unable to afford food and medicine. New York Times reporter Anatoly Kurmanaev, who has been reporting from Venezuela, joins CBSN to describe what life is like there now.

Read in CBS News: https://apple.news/ArdOugP_1S7GIaQupY98oyA
 
 
MIDDLE EAST


The U.S. Could Tear Iraq Apart Yet Again
Rising tensions between the Trump administration and Iran could roil the entire Middle East, and no country feels the heat more than Iraq.

Read in Truthdig: https://apple.news/Ag6PF_hlIQvyePEfDrDlynw


Iraq War looms over Trump battle with Iran
The Iraq War is casting a long shadow over the debate on Capitol Hill about what to do with Iran.

Read in The Hill: https://apple.news/A-0TJ8ys_St2fMBrqwZz7CA

Iraq sending teams to Tehran, Washington seeking to calm tensions
The country could "be a stabilizing factor in a turbulent region," according to the U.N.'s Iraq envoy.

Read in NBC News: https://apple.news/AqrNL2NKOR1GdPV4IoCLqmQ

Oil falls after Saudi assurances on market balance, Mideast tensions
TOKYO (Reuters) - Oil prices fell on Tuesday after Saudi Arabia reiterated it would aim to keep the market balanced and try to reduce tensions in the Middle East, while industry data showed a surprise increase in U.S. crude inventories. Brent crude futures were down 37 cents, or 0.5%, at $71.81 at barrel by 0037, having risen 21 cents on Tuesday. U.S. West Texas Intermediate (WTI) crude futures for July delivery were down 54 cents, or 0.9%, at $62.59. The June contract, the previous front-month

Read in Business Insider: https://apple.news/AGTTnX-lTQ12wuMyyEab-_w

Saudi Arabia and Israel are pushing US to confront Iran. Trump shouldn't take the bait
Aaron David Miller and Richard Sokolsky write that when it comes to Iran, Jerusalem and Riyadh are hardly objective observers, so the US should reject their advice.

Read in CNN: https://apple.news/AGeMPH74DSGWDUoiRyA6GAg

Oil Tankers in the Persian Gulf Face Highest Risk Since 2005
Not since 2005 have the world’s insurers considered shipping in the Persian Gulf so dangerous for oil tankers. The Joint War Committee of London’s Lloyd’s Market Association said Friday that it would expand its so-called “listed areas” — those regions that pose the greatest risks for shipping, and potentially warranting higher insurance costs — to include the entire Persian Gulf. The last time the entire region held the designation was a period that ended in June 2005 and encompassed the most

Read in Insurance Journal: https://apple.news/ALKpFIh_QMGKSUmKrLhZVuQ


AFRICA


Ethiopia Begins Power Rations, Cuts Exports
The water elevation at Gilgel Gibe III Dam, which produces 46pc of the country's power, is at is 818 metres, 16 metres below this time last year. Faced with reductions of generation capacity at most of its hydroelectric dams, the Ministry of Water, Irrigation & Electricity began rationing power on May 9, 2019, and cut the amount of power the nation exports. The rationing will last until July when water is expected to flow into the dams. The country has a demand for at least 2,500MW at peak hours

Read in AllAfrica: https://apple.news/AbWuPGKs5P9CKJoGPFNS9Tg


Zambia in Battle Over Copper Royalties
Zambia tries to reclaim strategic copper mines as debt burden worsens. Zambia placed one of the country's major copper mining companies Vedanta in liqudation on Tuesday [May 21st, 2019] in the wake of their continued refusal to pay a new value-added tax, in breach of the country's mines and minerals Act. It has also threatened to do the same with Glencore. The Zambian Observer claims that the public ZCCM Investment Holding petitioned the Lusaka High Court to place the giant Konkola Copper Mines

Read in AllAfrica: https://apple.news/AQJh0Je0lMeCdnXFU2mqACw


Zimbabwe mine output subdued in first quarter as dollar crunch bites
Zimbabwe's mining sector wassubdued in the first quarter due to a severe dollar crunch thataffected production, with gold the most hit, the mining chambersaid, adding some bullion miners had experienced recentlyintroduced power cuts.

Read in Reuters: https://apple.news/AU6FLt3EvSv-TF0qIShrLyA


Zimbabwe: Fuel, Electricity Shortages Force Citizens to Go Solar
The Zimbabwe government recently announced long power cuts due to low levels of water in Kariba dam on the border with Zambia – the country’s main hydropower source. Collins Chigwagwa runs a small barbershop in a middle class suburb in Harare. Last week he bought a solar power system for about $250. “What made me buy this solar power system are power cuts," he said. "We can go for eight hours without power or even the whole day without power. Eight hours is a whole production day yet I depend on

Read in AllAfrica: https://apple.news/AgQIIl_0lNwenO3BFed6yvg


Zimbabwe increases fuel prices as economic crisis deepens
Zimbabwe has announced a fresh increase in fuel prices, four months after a price hike triggered nationwide protests and a brutal security crackdown. Increasing prices by about 46 percent on Tuesday, the Zimbabwe Energy Regulatory Authority (ZERA) said petrol would cost 4.97 a litre in the local RTGS dollar currency ($1.42/1.27 euro) and diesel would cost 4.89 RTGS dollars. RTGS dollars are a local electronic currency introduced as Zimbabwe struggles with a shortage of the US dollar notes that

Read in Aljazeera: https://apple.news/ABEqN_CRDPU25TmuZDvfPNg



ASIA

China blaming US for breakdown in trade talks
The Cow Guy Group Principal Scott Shellady on the potential impact of the mounting trade war with China and the outlook for Federal Reserve policy.

Read in Fox News: https://apple.news/A4ATnPPu0QaGgUVqY-YyQ6g

The Chinese economy is a house of cards: Portfolio Manager
Altium Wealth Portfolio Manager Michael Lee the potential market impact from mounting China trade tensions.

Read in Fox News: https://apple.news/ABtgwjJJ8TFW7zeIQv-zV1w

China would see 'blue skies ahead' if it accepts US demands: Fed's Bullard
St. Louis Federal Reserve President James Bullard expressed optimism that the United States and China will reach a deal to end their trade war.

Read in CNBC: https://apple.news/AtZzgfiGuQ-iAaPmY9FnW9Q


What China Wants: 3 Things Motivating China's Position In Trade Negotiations With The US
Relations between the U.S. and China have deteriorated sharply in recent days after trade negotiations broke down, leading some to suggest we are on the cusp of a new “cold war.” President Donald Trump blames the resumption of hostilities on China. Specifically, he and his negotiators say their Chinese counterparts backtracked on an agreement to change laws aimed at enforcing the deal, prompting Trump to raise tariffs on US$200 billion in imports and China to retaliate.

Read in International Business Times: https://apple.news/Aw1kmQkGrMEq2-_j41v_EhQ

World economy threatened by sabre-rattling trade-wars
The Organisation for Economic Cooperation and Development, the OECD, has released its economic outlook for 2019-2020 at the establishment’s annual forum this week.

Read in RFI - English: https://apple.news/AMrt7zpm5Ptqf6SZS4gskgA


EUROPE


The European Union explained
Twenty-eight countries, one common currency and more than half a billion people. Here's a look at what the European Union is, and how it works.

Read in CNN: 
https://apple.news/AkEqaWDrPQR6qBAEbcXUbEQ


Hungary's Far-Right Government Has Been Getting a Boost from President Trump Ahead of E.U. Elections
U.S. Secretary of State Mike Pompeo shakes hands with Hungarian Foreign Minister Peter Szijjarto on February 11, 2019 in Budapest, Hungary. For months, the European Union’s leaders have waged a fierce battle against Hungary’s Prime Minister Viktor Orbán. They have accused him of targeting minorities and opposition media, and threatened to withdraw Hungary’s voting rights in the E.U. Parliament, and to eject permanently members of Orbán’s far-right Fidesz party from the biggest political grouping

Read in TIME: 
https://apple.news/AyVIqGQDnS0aUjC7sUmjuvw


Europe holds "most important" EU vote
Europeans start voting on Thursday in four days of elections to the EU parliament that will influence not just Brussels policy for the next five years but, to some extent, the very future of the Union project itself.

Read in Reuters: 
https://apple.news/A8gjbVpJ6Siuhgc71jXL8EQ
d
 
CBI, ISX, Kauaihn Chatter:
 
CBI Update:
 
 
The CBI Closed on Friday
The currency auction is
There are no news and announcements.
ISX Update:
The ISX Closed on Friday
 
Shares Traded:
 
Value Traded:
 
ISX ended in Green
 
 
Kauaihn Chatter:dd
 
http://www.dinarguru.com/
 
 
5-23-2019   Intel Guru Delta   Article:  "The House of Representatives votes on the Federal Financial Management Act"  Quote:  "The House of Representatives votes on the Federal Financial Management Act and voted the House of Representatives, on Thursday, the Federal Financial Management Act."   YES IT DID PASS I DID SEE IT LIVE ON TV...ALL GOOD TO GO...CONGRATS IRAQ...ONE OF THE BEST NEWS...ONE WAY STREET NO WAY BACK... 

5-23-2019   Intel Guru MarkZ
   [via PDK]   According to many- we are right on top of this!    I got 4 or 5 calls from Reno - the banking side this afternoon and they say “We are sitting on go”.   I heard from my contact at the redemption center and they expect to work all weekend.   [Is there anything that can stop this at this point?]  No…the most that could happen is brief delays… nothing can stop this.  I am told there will be no NDA except for...maybe 30 million or more...IMO.   I do think we are there…we have all been burned but I am excited tonight…there is a whole lot I am sitting on that I can’t share…but I really think its ending now.

5-23-2019   Newshound Guru Whitelions   Article  "...The financial management law has been finalized"    its done... done...im jumping up and down...this is a big piece.
 
5-23-2019   Guest Guru future   Article:  "...The financial management law has been finalized"  Quote:  "A member of the Finance Committee Majida Tamimi confirmed on Thursday the finalization of the Financial Management Law."  [They said they have voted on the FML but im not sure of the outcome yea said it was finalized but not sure how many readings we need and for it to become law.

5-23-2019   Intel Guru Delta
  "THE PARLIAMENTARY FINANCE IS COMPLEMENTED BY THE FINANCIAL MANAGEMENT LAW"  Quote:   "At the end of the meeting, the Chairman of the Committee announced the completion of discussions on the law and readiness to vote in the House of Representatives on Thursday" ...GRAVEYARD SHIFT GET READY FOR TONIGHT...IF THEY PASS IT THEN TIME TO CELEBRATE....

5-23-2019   Newshound Guru MilitiaMan
   Article:  "THE PARLIAMENTARY FINANCE IS COMPLEMENTED BY THE FINANCIAL MANAGEMENT LAW"  Quote:   "At the end of the meeting, the Chairman of the Committee announced the completion of discussions on the law and readiness to vote in the House of Representatives on Thursday They clearly seem to have every intention of completion! Mahdi being home makes it appear to me they have structured their moves so very timely with purpose... I can’t imagine even one member doesn’t show for tomorrow’s vote...if I am wrong then there are some seriously wealthy politicians that will looking at some very unhappy constituents taking off their shoes!!

5-23-2019   Intel Guru Frank26   The CBI is doing what they told you they are doing, telling the citizens...get in here and exchange those worn out lower denoms because you will want the new ones...they will co-exist with the new lower categories and the coins, so you will want the new ones that will have more value, because we are going to lift the 3 zeroes from the exchange rate...they remind them that they are running out of time.  ...no denial, no change in plan... [post 2 of 2]

5-23-2019   Intel Guru Frank26   Quote:  "...to get the old worn out lower denoms out of circulation in order to put them in position with the new replacement lower denoms that will co-exist with the new small category notes and coing that belong to a new exchange rate soon to be given to you for more purchasing power..."  ...you see the CBI come out this morning to remind the citizens again that the lower denoms are about to be replaced because they are going to co-exist with the new small category notes, where the exchange rate, the 3 zeroes will be lifted giving you purchasing power.   [post 1 of 2....stay tuned]
Get caught up on last night's updates below and if you are not a dinarguru.com alert list yet now is a great time to do it...It's free as always and only takes a sec...If you invested in the dinar and spend time on the site you don't want to miss something very important because you're not on the list Click here to get on the list now.
 
 
Elmer:
 
Not in today
 
Artmeister:
 
Not in today
 
Catnip:

 
 
*************
 
ARTICLE 1 (from PM Mahdi's website; posted only on Arabic side, not on English side)

The Supreme Council for Combating Corruption holds its 12th meeting under the chairmanship of Prime Minister Adel Abdul Mahdi

The Supreme Council for Combating Corruption held its 12th meeting under the chairmanship of the Prime Minister, Adel Abdul Mahdi

The Council appreciated the decision of the Council of Ministers to withdraw the hand of each employee assigned to the judiciary in one or more cases on the recommendation of the Supreme Council for Combating Corruption, which comes to strengthen the state and prestige and respect for its actions in the fight against corruption.

The Council reviewed the request of the Ministerial Council for National Security, including strengthening the Iraqi courts with competent judges to expedite the completion of cases referred to the judiciary, especially in the province of Nineveh and its courts, and heard the report of the Supreme Judicial Council related to them, and stressed the Anti-Corruption Council on the need to complete the cases before the judiciary in the province of Nineveh, In the issuance of the decisions that require this and this is supported by the prosecution and work to achieve through the follow-up daily.

The Council briefed the experts on the oil file and stand at their observations, especially with regard to its marketing, the issue of black oil and the distribution of petroleum products.

The recommendations of the opinion body in the Ministry of Interior regarding the fight against drugs and the measures to be taken in this regard were adopted, stressing the need to develop a training schedule in cooperation with the Supreme Judicial Council for the officers and investigators working in this field.

And directed the Council to refer the file of smuggling Internet capacities to the National Security Adviser, according to competence and prepare a brief.

The Council also discussed the need to take measures to raise the level of Iraq in transparency and integrity and in accordance with international standards and requirements.

The Council stressed the statement in its previous statement, which stresses the importance of taking into account the accuracy of the charges and be based on evidence, and ask those who have evidence about government officials and issues of financial or administrative corruption to be submitted to the Council.

Media Office of the Prime Minister
23 May 2019

*************
ARTICLE 2 (from Government of Iraq twitter account)

  1. PM @AdilAbdAlMahdi concludes a visit to Kuwait where he held talks with Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and other senior officials. Together, they discussed regional developments and bilateral cooperation.

*************
ARTICLE 3

The House of Representatives votes on the Financial Management Act

BAGHDAD - May 23 - The House of Representatives voted in its 21st session held under the chairmanship of Mohammed Al Halbusi on Thursday 23/5/2019 in the presence of 194 deputies on the Financial Management Law and ended the first reading of the first amendment to the provincial and provincial elections law.

At the beginning of the session, the Council agreed to allow the representation of Christian, Azadeen, Shabak, Sabean Mandaean and Kurdish factions in the Committee of Martyrs, Victims and Political Prisoners in addition to their work in their main committees

The Council voted during the session chaired by the First Vice-President of the Council, Mr. Hassan Al-Kaabi, on the draft financial management law submitted by the Finance Committee in order to regulate the rules and procedures governing the financial and accounting management in the field of planning, preparation, implementation, All federal revenues to the public treasury to cover public expenditure and determine the link between the internal control units in terms of administrative and technical mechanisms and the implementation of budgets and committed each implementing party and determine the responsibility of the Ministry of Finance over (Budget transparency, budget comprehensiveness, budget unit and budget year) in the preparation and implementation of the federal budget and related matters, in order to achieve macroeconomic stability and financial stability and enhance the allocation of the budget. Budgeting, improving efficiency and effectiveness of expenditure, ensuring optimal cash management and improving the quality of budget information submitted to the House of Representatives and to the public.

He called on the Legal Committee to expedite the legislative procedures of the Federal Court Law, taking into account the decision of the Court to revoke one of the articles relating to the appointment of replacements to the judges of the Court and to avoid the constitutional vacuum. Finished

*************
ARTICLE 4

Baghdad Operations: Security in the capital is due to exposure operations and intelligence effort
2019/5/23 14:59
[Baghdad-where]

Maj. Gen. Jalil al-Rubaie confirmed on Thursday that changing the security equation by moving sectors to carry out operations and relying on the high intelligence effort led to security in Baghdad.

Al-Rubaie said in a press statement that "the stability of security in the capital Baghdad, felt by all, and Hobbkirk many years ago," noting that "this stability came from the vision of Baghdad operations leaders who relied on exposure operations, and move the previously established sectors throughout the capital , Which would have allowed terrorists to move freely in the north and south of the capital to carry out operations inside them after they took safe havens. "

He added that "changing the equation that moved the sectors to carry out operations daily exposure was able to change the situation from a defensive to an offensive, and Homa gave a message to the terrorists that they were targeted along the days and line by our armed forces and make those places unsafe for them," asserting that " The exposure operations resulted in the confiscation of a very large quantities of additives and killed hundreds of terrorists in addition to the maintenance of a large number of the wheels of the car bombs and other equipment for the booby-trapped.

"The second thing that led to security in the capital is relying on the intelligence effort by the intelligence agencies," he said. "Today, Iraq boasts of highly professional intelligence agencies that are comparable to those in developed countries."

He pointed out that "the intelligence effort in the past was launched after the event happened, but today, the intelligence existed before the event, has aborted terrorist operations in 2016 and 2017, if signed to be bloody years before."

*************
ARTICLE 5

In less than a year .. Karbala Council votes by majority for the second time to dismiss Turaihi

Karbala, May 23 (AKnews) - Sources in Karbala said on Thursday that the provincial council voted to remove Governor Aqil al-Turaihi by majority vote for the second time in 2019.

The deputy chairman of the Council Ali Abdul-Maliki, said that "the Karbala provincial council voted during an emergency session held today, to remove the governor Aqil Turaihi from his post," noting that "17 members of the provincial council voted for the dismissal of the 26 members attended the meeting "He said.

Turaihi was sacked by an absolute majority earlier this year on the back of a series of irregularities, including administrative, legal and financial, which caused a waste of public money, but the Administrative Court rejected the decision of the Council on the removal of governor Turaihi. Finished

*************
ARTICLE 6

A young man becomes a billionaire after examining his DNA

LONDON - May 22, 2008 - Jordan Edlard Rogers, a 31-year-old Englishman from Cornwall, inherited a 6.2-square-mile estate and surrounding area.

The price of inheritance, if he wants to sell, is about 50 million pounds (about 62 million dollars), in addition to receiving about a thousand dollars a week.

The young man has been suspected since he was 18 years old that the aristocrat Charles Rogers is his father. The teenager asked Charles several times for analysis to make sure he was his biological father, but Charles declined, and asked the young man to solve all problems only through lawyers. But the teenager did not do so, retracted the idea, according to the newspaper "Life Row."

For several years the young man sent letters asking him for the same request, but Charles was completely ignoring her. He then decided to do DNA analysis to prove that Charles was his biological father. The analysis confirmed the young man's guesses.

Charles's lawyer continued after the death of the aristocrat at the age of 62 because of an overdose of drugs, with the young man for his inheritance.

"Everyone says I'm very lucky because I got so much money," Jordan said. But I was ready to give it all in order to know my father better. Perhaps if we knew each other better, the end would have been quite different. "

Jordan plans to quit his job now, but does not want to become a British aristocrat like his father. And intends to spend his wealth on charity and improve the living conditions of other persons.

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