WOTS Saturday 5/11/19:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1186.0000 | 1185.0000 | 1185.0000 | | 11:28 |
| USD/VND | | | 23365.0000 | 23365.0000 | 23365.0000 | | 10:54 |
| USD/CNY | | | 6.8277 | 6.7989 | 6.8175 | | 11:00 |
| USD/KWD | | | 0.3040 | 0.3032 | 0.3037 | | 11:07 |
| GBP/USD | | | 1.3047 | 1.2991 | 1.3004 | | 15:59 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 16:36 |
| USD/IDR | | | 14495.0000 | 14119.0000 | 14342.0000 | | 15:59 |
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DC NY Iraq Articles:dd
Hakim participates in the meetings of the Iraqi-Kuwaiti High Joint Committee
11-05-2019 12:15 AM
Baghdad:
Foreign Minister Mohammad Ali al-Hakim heads to Kuwait to attend the meetings of the Iraqi-Kuwaiti High Joint Committee.
"A senior government delegation led by Foreign Minister Mohammad Ali al-Hakim will visit Kuwait on Saturday," a source familiar with the news said.
He added that the delegation "will attend meetings of the Iraqi-Kuwaiti High Joint Committee".
Foreign Minister Mohammad Ali al-Hakim heads to Kuwait to attend the meetings of the Iraqi-Kuwaiti High Joint Committee.
"A senior government delegation led by Foreign Minister Mohammad Ali al-Hakim will visit Kuwait on Saturday," a source familiar with the news said.
He added that the delegation "will attend meetings of the Iraqi-Kuwaiti High Joint Committee".
High Nassif attached to the statement of the Supreme Anti-Corruption Council last
In the policy of May 11, 2019 comments on the high Nassif attached to the statement of the Supreme Anti-Corruption Council last closed 29 visits
BAGHDAD (AFP) - High Representative Naseef said on Friday that the Supreme Council against Corruption was "disappointing and carries an encrypted message with a latent threat to anyone who speaks about corruption through the media." He said it was better for the council to use its tools to investigate all information. Which is concerned with corruption in the ministries and government departments rather than issuing a statement giving two weeks to submit evidence.
"The frequency of information is up to the level of evidence," she said in a statement received by SNG. "Where are your tools in the investigation when you receive information through the media? For example, in developed countries, when a reporter reports on a corruption scandal in a newspaper, the police cars go on the same day to the establishment in the newspaper and arrest the corrupt ones, while the anti-corruption council instead of directing its swords towards the corrupt gives two weeks Anyone who talks about corruption to provide evidence and if not brought tried and imprisoned! "He said.
"The information presented in the media seems to embarrass those who are facing corruption because they have failed to reach it, and therefore the party that is supposed to (censorship) is trying to cover up its mouths to cover up its failure," Nassif said.
She asked: "Where is your board of dormant files in the offices of the inspectors in the ministries of trade and defense and the general managers who went into corruption in the General Authority for Taxation and the Director General of mines and corruption at the border crossings, and many of them were announced in the media, and was their corruption verified by your failed tools? "He said.
"Most MPs, media professionals, observers and activists rely on information from leaks from employees who were witnesses to corruption operations, and their identities are usually kept secret in order to protect their lives," he said. "Does the anti-corruption council want to be identified? ? What is the meaning of the two-week deadline for the submission of evidence? "He said.
"Most MPs, media professionals, observers and activists rely on information from leaks from employees who were witnesses to corruption operations, and their identities are usually kept secret in order to protect their lives," he said. "Does the anti-corruption council want to be identified? ? What is the meaning of the two-week deadline for the submission of evidence? "He said.
"Nassif said:" The statement of the Supreme Council against Corruption is disappointing, that is, we will not wait for this Council to refer a former or current minister to the final judiciary, and if necessary, we may hear about a major qualitative process to arrest a small employee taken from the parameters of telephone card from Five thousand dinars, to be a victory and a great achievement in the fight against corruption, and for us will not keep silent about the corrupt corrupt public money, and we will continue to embarrass you in front of bodies and people who can not prejudice them, and we will continue to hear the echo of failure.
Prince denounces the "bombings Sadr" Iraqi: a heinous act of terrorism that claimed the lives of innocent and safe
11/5/2019
His Highness the Amir Sheikh Sabah Al-Ahmad sent a cable of condolences to Iraqi President Barham Salih expressing his condolences and condolences to the President and families of the victims of the suicide bombing in Sadr City, east of Baghdad. The noble terrorist who has claimed the lives of innocent innocents, affirming that the country stands by the brotherly country and supports all that it takes to protect its security and stability. His Highness asked the Almighty to accept the mercy and forgiveness of the victims and to grant the wounded speedy recovery and well-being and to preserve the Republic of Iraq and its people. It is from all evil.
His Highness the Crown Prince Sheikh Nawaf Al-Ahmad sent a cable of condolences to Iraqi President Barham Salih, in which he extended his condolences and condolences to the victims of the suicide bombing in Sadr City, east of Baghdad. And wellness.
His Highness the Prime Minister Sheikh Jaber Al-Mubarak also sent a similar cable of condolences.
Iraqi Prime Minister gives up gifts
2019/05/11
Iraqi Prime Minister Adel Abdul Mahdi has decided to hand over the gifts he receives from foreign officials to the Ministry of Culture and consider them as state property to act as the interest requires.
A statement issued by the Office of the Prime Minister, that Abdul Mahdi informed the Iraqi Minister of Culture Abdul Amir Al-Hamdani formally in a meeting of the Council of Ministers held on May 7.
Al-Hamdani, for his part, suggested opening a pavilion at the Iraqi National Museum to deposit such gifts.
The statement added that the precious gifts given by senior foreign officials, some of which carry symbolic value and technical, and other valuable material.
The Office has published photographs representing a sample of more than 100 items, which will be handed over to the Ministry of Culture and official records.
Iraq uses Turkey to develop housing sector
11-05-2019 12:01 AM
Baghdad
Turkish Ambassador to Baghdad Fatih Yildiz met Friday with Minister of Construction, Housing and Municipalities Bengin Rikani.
"Building residential compounds will be one of the vital sectors in Iraq in the next phase," Yildiz said in a statement received by Al-Madar.
"We agreed with the minister to work together to benefit from Turkey's experiences in this sector," he said.
The estimated need for Iraq according to the latest statistics to nearly 3 million housing units at the rate of 250 thousand units annually to resolve the housing crisis.
"Building residential compounds will be one of the vital sectors in Iraq in the next phase," Yildiz said in a statement received by Al-Madar.
"We agreed with the minister to work together to benefit from Turkey's experiences in this sector," he said.
The estimated need for Iraq according to the latest statistics to nearly 3 million housing units at the rate of 250 thousand units annually to resolve the housing crisis.
Kauaihn Iraq Articles:dd
Foreign Minister Mohammed Ali al-Hakim headed to Kuwait on Saturday to head a ministerial delegation to head the work of the joint Iraqi-Kuwaiti ministerial committee.
d
The Minister of Foreign Affairs heads to Kuwait to head the work of the Joint Ministerial Committee between the two countries
11-05-2019 12:45 PM
Agency of the orbit -
Agency of the orbit -
Baghdad
Foreign Minister Mohammed Ali al-Hakim headed to Kuwait on Saturday to head a ministerial delegation to head the work of the joint Iraqi-Kuwaiti ministerial committee.
"It is hoped that the minister will meet with the Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah and a number of officials. The delegation is expected to discuss a number of issues, joint files between the two countries and means of activating what is agreed in practice, Contribute to strengthening Iraq's relations with its neighbors and the region. '
He added that 'this comes within the framework of Iraq's keenness to raise the horizon of bilateral cooperation between the two countries to the level of aspiration of the two peoples'.
"He is accompanied by the President of the Investment Authority, the President of the Reconstruction Fund for Iraq and the undersecretaries of the Ministries of Finance, Interior, Transport, Reconstruction, Housing, Electricity, Sports and Youth, Culture, Tourism and Antiquities, and the Civil Aviation Authority. '
Deputy: Acting State leadership is a serious mistake
11-05-2019 12:39 PM
BAGHDAD - The Secretary-General of the Iraqi National Congress Party, MP Aras Habib Karim, said on Saturday that the phenomenon of the leadership of the state by proxy over the past years has been one of the serious mistakes that everyone has colluded with.
"Parliament has committed itself to ending this phenomenon by the end of next June, which is a necessary obligation in order to continue to behave in the wrong and twisted ways in the management of government institutions, all of which are directly related to the interests of citizens," Karim said in a statement received by Al-Akhbar.
"The work so far on this road does not rise to the level of ambition and therefore must be attentive and move fast so as not to reach a dead end."
A senior Turkish official: Abdul Mahdi will visit Turkey mid-month
Editorial date: 2019/5/11 9:31 • 163 times read
(Baghdad: Al-Furat News) The Special Representative of the Turkish Presidency on Iraq Wesel Aroglu, the visit of Prime Minister Adel Abdul-Mahdi to Turkey mid-month.
Turkish media reported that "the Turkish parliament hosted, on Friday, a meeting chaired by R. Oglu, discussed proposals for projects and solutions to remove the water problem in Iraq."
"We are doing a very important job, because Iraq is our neighbor and we are carrying out important water and energy work," he said at the meeting.
"Iraqi Prime Minister Adel Abdul Mahdi will visit Turkey on May 15, during which he will meet with Recep Tayyip Erdogan," he said.
"Until then, I think we will have an opportunity to prepare some issues and present them to the president," he said. is over
"We are doing a very important job, because Iraq is our neighbor and we are carrying out important water and energy work," he said at the meeting.
"Iraqi Prime Minister Adel Abdul Mahdi will visit Turkey on May 15, during which he will meet with Recep Tayyip Erdogan," he said.
"Until then, I think we will have an opportunity to prepare some issues and present them to the president," he said. is over
Deputy calls for a road map to combat corruption
Editor's note:: 2019/5/11 8:56 • 146 times read
(Baghdad: al-Furat News) Member of the House of Representatives Aras Habib, on Saturday, to develop a road map to combat corruption.
"Combating corruption needs to be done before the evidence is demanded," Habib said in a tweet on his Twitter account.
"It is true that the task is difficult because of overlapping on the level of corruption between the political and economic, but it is not impossible in the case of dealing with the principle of priorities with the files of this pest is many." is over
"It is true that the task is difficult because of overlapping on the level of corruption between the political and economic, but it is not impossible in the case of dealing with the principle of priorities with the files of this pest is many." is over
The National Congress: The acting leadership of the state is one of the serious mistakes that everyone has colluded to keep
Saturday 11 May 2019 12:28 pm
BAGHDAD - The Secretary-General of the Iraqi National Congress Party, MP Aras Habib Karim, Saturday, that the phenomenon of the leadership of the State proxy for the past years was a serious mistake that colluded everyone to walk.
"Parliament has committed itself to ending this phenomenon by the end of next June, which is a necessary obligation to continue to behave in the wrong and twisted ways in the management of government institutions, all of which are directly related to the interests of citizens," Karim said in a press release.
"The work so far on this road does not rise to the level of ambition and therefore must be attentive and move fast so as not to reach a dead end." Finished
Kauaihn Economic Times:
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Today in History
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Oil Prices Steady as Lower OPEC Output Outweighs Trade Tension
Commodities May 09, 2019 11:20 GMT Investing.com - Oil prices held steady on Thursday as reports that OPEC is keeping supply tight outweighed risk-off sentiment stemming from Sino-U.S. trade uncertainty. New York-traded West Texas Intermediate crude futures were nearly a dollar up from Wednesday’s lows at $62.13 a barrel by 7:16 AM ET (11:16 GMT), Brent crude futures, the benchmark for oil prices outside the U.S., edged forward 22 cents, or 0.3%, to $70.59. A survey from S&P Global (NYSE:SPGI)
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Unskilled staff threaten banks' ability to adapt to digital transformation
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning, click here. Only 4% of bank business and IT executives believe that the impact of technology on the pace of banking change has stayed the same over the past three years, while 96% said it has either significantly accelerated or accelerated, according to a new report from Accenture. This technological disruption has a
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Steve Eisman is worried about the bond market: 'It's where the pain will be'
Steve Eisman, the investor known for predicting the financial crisis as depicted in "The Big Short," told Bloomberg TV the bond market will be hit the hardest in the next recession.
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A U.S. recession will knock this asset class hard, says Steve Eisman of ‘The Big Short’ fame
Our call of the day, from Steve Eisman, a hedge-fund trader who made money in the financial crisis by betting against risky mortgage products engineered by some of the world’s biggest banks, says corporate bonds will be at the center of pain for the next U.S. recession.
Read in MarketWatch: https://apple.news/
TREASURIES-U.S. yields fall as higher tariffs loom on Chinese imports
* U.S. to sell $19 bln in 30-year bonds at 1 p.m. * Investors worry about U.S.-China trade talks (Updates market action, adds quote) By Richard Leong NEW YORK, May 9 (Reuters) - U.S. Treasury yields fell onThursday, with longer-dated yields staying above five-week lows,as China and the United States held tense trade talks ahead ofthe Trump administration's plan to impose higher tariffs onChinese imports on Friday. The safe-haven demand for Treasuries came ahead of thegovernment's sale of $19
Read in Reuters: https://apple.news/AOAZA_
Bitcoin [BTC/USD] and Litecoin [LTC/USD] Price Analysis: Bulls provide reprieve during market's sideways movement
Price fluctuations in the cryptocurrency market have continued, with Bitcoin [BTC] leading the race in terms of being the biggest gainer. The world's largest cryptocurrency breached the $6000 mark, while the rest of the market struggled to sustain a bull rally. On the contrary, Litecoin [LTC] did not record any significant movement on the charts....
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Bitcoin's Market Share Hits 8-Month High as Price Passes $6K
Bitcoin's recent rally looks sustainable, according to the charts, and the cryptocurrency's rising dominance rate suggests investors are bullish.
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Health care debate hobbles stock in drugmakers, insurers
Drugmakers and health insurers have been on the defensive most of the year as politicians criticize the high cost of prescription drugs and medical care
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Attacks on health care facilities, dire security concerns escalating latest Ebola outbreak
Continued attacks on Ebola treatment facilities and medical professionals have many fearing the outbreak in the DRC could morph into another global catastrophe.
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The Way You Sleep Says a Lot More About Your Personality Than You May Realize
When you're closing your eyes and hitting your pillow, you're probably not giving much thought about the position in which you actually fall asleep or stay asleep throughout the night. Of course, you're not awake to know whether you start on your side and end up on your belly or vice versa, and unl ...
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Major Bank: The Immortality Industry Is the Next Hot Investment
Moonshot Bank of America analysts say that companies focused on immortality and longevity — extending the human lifespan as much as possible — are going to grow in coming years, with the market expected to be worth $600 billion by 2025. Longevity companies have often risen and fallen with little ado. But if these financial...
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President Trump Opposes Trump Administration Foreign Policy
Appointing policymakers you disagree with because they look good on TV turns out to be a problematic strategy.
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Watch live: Trump delivers remarks on ending surprise medical billing
President Donald Trump will detail his plans on ending surprise medical billing.
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WRAPUP 1-Canada trade deficit shrinks slightly in March, still 12th largest on record
Canada's trade deficit in Marchshrank slightly to C$3.21 billion ($2.38 billion) but was stillthe 12th largest on record, Statistics Canada said on Thursday,underscoring the headwinds still facing exporters.
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MIDDLE EAST
Russia is the real winner in any US-Iran conflict
We can expect Russia to use the threat of a US-Iran conflict to insert itself as the responsible mediator.
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OPEC in the dark on oil supply as Russia, Iran cut exports
OPEC is in the dark on the oil supply outlook for the second half of this year, with Iranian and Russian outages looking increasingly significant but Saudi Arabia reluctant to pump more due to fears of a price crash, sources in the organization said.
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High oil prices are hurting Emirates
Emirates airline just paid its biggest ever fuel bill, sending profits to the lowest level in a decade.
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Zimbabwe: Villagers Resist a Chinese Company's Mining Project
Zimbabwe has clamored for outside investment in recent years, but villagers north of the capital are resisting a Chinese mining project they say will spoil the environment and fail to bring them much benefit. The villagers are from Domboshava, a rocky area north of Zimbabwe’s capital, and they are disputing a Chinese company's decision to start quarry mining. Seventy-year-old Florence Nyamande is among those saying no to the proposed project by Aihua Jianye Company. “The Chinese are the money
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Zimbabwe Has a 30 Days Fuel Left - Minister
(Photo: Nairobi News) Zimbabwe is trudging towards a major fuel crisis after Energy Minister Jorum Gumbo, Wednesday revealed the country has less than a month's supply of the precious liquid. Responding to a question from Mbizo MP, Settlement Chikwinya on Wednesday, during the Question and Answer session, Gumbo however claimed there are ships docked at the Mozambican Port of Beira, from which fuel is being pumped into the country adding the situation will improve. "Our consumption is 2 million
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Zimbabwe warns of power cuts as dam levels fall, aging plants stutter
Zimbabwe's state-owned power utility on Thursday warned it may ration electricity supplies as low water levels reduce output from its biggest hydro plant, while aging coal-fired generators are shuttered or running at reduced capacity.
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Insight: The inadvertent rise of digital transactions in Zimbabwe
This article will trace the history of currency use in Zimbabwe, tracking Zimbabwe’s movement from relative monetary stabilization following independence, to its crippling hyperinflation, abandonment of the Zimbabwean dollar, adoption of a multi-currency system and ultimately how the evolution of the currency regime has led to the rise of fintech methods of transacting on the...
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US upping the ante but China ‘still has trade war cards it can play’
Beijing still holds trade war retaliation options against Washington even if the US raises tariffs on Chinese goods on Friday, according to Chinese analysts. Chinese Vice-Premier Liu He is expected to arrive in Washington on Thursday for the latest round…
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North Korea fires “unidentified projectile,” South Korea says
The launch comes after North Korea on Saturday launched what were described as short-range projectiles thought to involve multiple rocket launchers, including "new tactical guidance weapons."
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E.U. stresses that it wants to continue doing business with Iran
The Europeans say the 2015 nuclear deal is a pillar of regional and global security, but Washington says Tehran is destabilizing the Middle East.
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Brexit Brief: May hopes to bring Brexit vote before parliament for the fourth time
U.K. Prime Minister Theresa May has told senior Conservative MPs she will try to break the political deadlock on Brexit for the fourth time before the European elections on May 23, as she faces rising pressure to resign
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UK's top Brexit minister accuses Europeans of 'lazy thinking' for seeing Brexit as isolationist
Theresa May’s chief Brexit minister has complained that Europeans are prone to “lazy thinking” about Brexit and for some reason associate the project with Nigel Farage and the “Little Englander” mentality.
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Even this popular ‘soft’ Brexit scenario still slows the U.K. economy, think tank says
A scenario where the U.K. leaves the European Union but keeps some key economic ties with the 28 member state, colloquially known as a soft Brexit, would still leave the U.K. with a sizable fiscal shortfall, according to one think tank.
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GLOBAL/NEWS/INFO
Today in History
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10 Things to Know for Today
Among 10 Things to Know: US hikes Tariffs on Chinese goods; crisis point? High stakes in Trump's showdown with Congress; experts see Russia fingerprints on North Korea's new missile; Federal judges have a way to make investigations disappear.
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Among 10 Things to Know: US hikes Tariffs on Chinese goods; crisis point? High stakes in Trump's showdown with Congress; experts see Russia fingerprints on North Korea's new missile; Federal judges have a way to make investigations disappear.
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OIL/COMMODITIES/ENERGY
Gold rises as global markets retreat ahead of looming U.S.-China trade deadline
Gold futures head higher Thursday morning as investors brace for intensifying Sino-U.S. trade conflicts, which could provide a lift to bullion amid markets stricken by international trade fears.
Read in MarketWatch: https://apple.news/ApLPW2_
Gold futures head higher Thursday morning as investors brace for intensifying Sino-U.S. trade conflicts, which could provide a lift to bullion amid markets stricken by international trade fears.
Read in MarketWatch: https://apple.news/ApLPW2_
Oil Prices Steady as Lower OPEC Output Outweighs Trade Tension
Commodities May 09, 2019 11:20 GMT Investing.com - Oil prices held steady on Thursday as reports that OPEC is keeping supply tight outweighed risk-off sentiment stemming from Sino-U.S. trade uncertainty. New York-traded West Texas Intermediate crude futures were nearly a dollar up from Wednesday’s lows at $62.13 a barrel by 7:16 AM ET (11:16 GMT), Brent crude futures, the benchmark for oil prices outside the U.S., edged forward 22 cents, or 0.3%, to $70.59. A survey from S&P Global (NYSE:SPGI)
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Oil Slides As Trump's Tiff With China Offsets Tensions Over Iran
Oil dropped as flaring trade tensions between the world’s two biggest economies overshadowed concerns over supply disruptions from Iran to Venezuela.
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Oil dropped as flaring trade tensions between the world’s two biggest economies overshadowed concerns over supply disruptions from Iran to Venezuela.
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BANKS/BANKING/CREDIT
B&T Bank Corporation to Participate in Barclays Americas Select Franchise Conference
BUFFALO, N.Y., May 9, 2019 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB)("M&T") will participate in the Barclays Americas Select Franchise Conference in London. Darren King, M&T's Executive Vice President and Chief Financial Officer, is scheduled to deliver a presentation to investors and analysts on Wednesday, May 15, 2019 at 11:00 a.m. BST (6:00 a.m. EDT). The conference takes place at the Langham London hotel. A live audio-webcast of the presentation will be available via the Internet at:
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BUFFALO, N.Y., May 9, 2019 /PRNewswire/ -- M&T Bank Corporation (NYSE: MTB)("M&T") will participate in the Barclays Americas Select Franchise Conference in London. Darren King, M&T's Executive Vice President and Chief Financial Officer, is scheduled to deliver a presentation to investors and analysts on Wednesday, May 15, 2019 at 11:00 a.m. BST (6:00 a.m. EDT). The conference takes place at the Langham London hotel. A live audio-webcast of the presentation will be available via the Internet at:
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Hong Kong issues four more virtual bank licences to spur innovation and disrupt bricks-and-mortar financial services
Hong Kong’s monetary authority has issued four virtual banking licences to applicants affiliated with a trio of China’s largest technology companies as well as the city’s stock exchange, in a move to speed up disruption and innovation in one of the world…
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Hong Kong’s monetary authority has issued four virtual banking licences to applicants affiliated with a trio of China’s largest technology companies as well as the city’s stock exchange, in a move to speed up disruption and innovation in one of the world…
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Banking/FinTech Collaboration Grows In Chinahttps://www.pymnts.com/news/
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Read in the money cloud: https://apple.news/A2YwiNPR-
South Africa Has Second Most Android Banking Malware Attacks As Cyber Crime Increases
Android smartphones in South Africa are the second-most targeted for banking malware, as incidents of malicious software attacks in this sector have doubled in the country, new research has revealed.
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Android smartphones in South Africa are the second-most targeted for banking malware, as incidents of malicious software attacks in this sector have doubled in the country, new research has revealed.
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Unskilled staff threaten banks' ability to adapt to digital transformation
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Fintech Briefing subscribers. To receive the full story plus other insights each morning, click here. Only 4% of bank business and IT executives believe that the impact of technology on the pace of banking change has stayed the same over the past three years, while 96% said it has either significantly accelerated or accelerated, according to a new report from Accenture. This technological disruption has a
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Waters to Fed on BB&T, SunTrust merger: Wait for us to investigate
The deal has also drawn scrutiny from 2020 presidential candidate Sen. Elizabeth Warren, D-Mass.
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The deal has also drawn scrutiny from 2020 presidential candidate Sen. Elizabeth Warren, D-Mass.
Read in Fox News: https://apple.news/
TREASURIES/BONDS/STOCKS
Steve Eisman is worried about the bond market: 'It's where the pain will be'
Steve Eisman, the investor known for predicting the financial crisis as depicted in "The Big Short," told Bloomberg TV the bond market will be hit the hardest in the next recession.
Read in CNBC: https://apple.news/
A U.S. recession will knock this asset class hard, says Steve Eisman of ‘The Big Short’ fame
Our call of the day, from Steve Eisman, a hedge-fund trader who made money in the financial crisis by betting against risky mortgage products engineered by some of the world’s biggest banks, says corporate bonds will be at the center of pain for the next U.S. recession.
Read in MarketWatch: https://apple.news/
TREASURIES-U.S. yields fall as higher tariffs loom on Chinese imports
* U.S. to sell $19 bln in 30-year bonds at 1 p.m. * Investors worry about U.S.-China trade talks (Updates market action, adds quote) By Richard Leong NEW YORK, May 9 (Reuters) - U.S. Treasury yields fell onThursday, with longer-dated yields staying above five-week lows,as China and the United States held tense trade talks ahead ofthe Trump administration's plan to impose higher tariffs onChinese imports on Friday. The safe-haven demand for Treasuries came ahead of thegovernment's sale of $19
Read in Reuters: https://apple.news/AOAZA_
Top 5 Things to Know in the Market on Friday
Economy May 10, 2019 09:39 GMT Investing.com - Here are the top five things you need to know in financial markets on Friday, May 10: 1. Glimmer of hope amid tariff hike? The increase in U.S. tariffs to 25% from the previous 10% on $200 billion of Chinese goods went into effect at midnight (officially 4:01 GMT) Friday and China immediately vowed to retaliate, but gave no immediate details of its plans. While politicians and economists have suggested widespread economic damage, some analysts
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Economy May 10, 2019 09:39 GMT Investing.com - Here are the top five things you need to know in financial markets on Friday, May 10: 1. Glimmer of hope amid tariff hike? The increase in U.S. tariffs to 25% from the previous 10% on $200 billion of Chinese goods went into effect at midnight (officially 4:01 GMT) Friday and China immediately vowed to retaliate, but gave no immediate details of its plans. While politicians and economists have suggested widespread economic damage, some analysts
Read in Investing.com: https://apple.news/
Day Ahead: Top 3 Things to Watch
Stock Markets May 09, 2019 23:14 GMT Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow. 1. Uber to Debut at Low End of Its Range Ride-share company Uber Technologies (NYSE:UBER) played it cautious when it priced its IPO at $45 per share tonight, the low end of its expected range, despite an oversubscribed offering. The company still raised $8.1 billion and is valued at more than $80 billion, but underwriter nerves were evident after the Lyft (NASDAQ:LYFT) IPO
Read in Investing.com: https://apple.news/Ao-f-
Stock Markets May 09, 2019 23:14 GMT Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow. 1. Uber to Debut at Low End of Its Range Ride-share company Uber Technologies (NYSE:UBER) played it cautious when it priced its IPO at $45 per share tonight, the low end of its expected range, despite an oversubscribed offering. The company still raised $8.1 billion and is valued at more than $80 billion, but underwriter nerves were evident after the Lyft (NASDAQ:LYFT) IPO
Read in Investing.com: https://apple.news/Ao-f-
CRYPTO'S / DIGITAL CURRENCY
Bitcoin [BTC/USD] and Litecoin [LTC/USD] Price Analysis: Bulls provide reprieve during market's sideways movement
Price fluctuations in the cryptocurrency market have continued, with Bitcoin [BTC] leading the race in terms of being the biggest gainer. The world's largest cryptocurrency breached the $6000 mark, while the rest of the market struggled to sustain a bull rally. On the contrary, Litecoin [LTC] did not record any significant movement on the charts....
Read in AMBCrypto: https://apple.news/
Bitcoin's Market Share Hits 8-Month High as Price Passes $6K
Bitcoin's recent rally looks sustainable, according to the charts, and the cryptocurrency's rising dominance rate suggests investors are bullish.
Read in CoinDesk: https://apple.news/
BitGo Hires Former Wall Street Forex Trading Exec
Crypto custody provider BitGo has hired Nick Carmi, former head of forex trading at a number of Wall Street banks.
Read in CoinDesk: https://apple.news/
Crypto custody provider BitGo has hired Nick Carmi, former head of forex trading at a number of Wall Street banks.
Read in CoinDesk: https://apple.news/
XRP/USD and Stellar Lumens [XLM/USD] Price Analysis: Coins continue to struggle with sideways movement
Despite the crypto-market gradually recovering from the depths of the crypto-winter, XRP continues to be one of the worst performing coins in the crypto universe. While the second largest altcoin maintained a sideways trend throughout the year, Stellar Lumens [XLM] has been recovering slowly since February, 2019. XRP Support 1: $0.288 Resistance 1: $0.340 The 1-Day...
Read in AMBCrypto: https://apple.news/Acp_
Despite the crypto-market gradually recovering from the depths of the crypto-winter, XRP continues to be one of the worst performing coins in the crypto universe. While the second largest altcoin maintained a sideways trend throughout the year, Stellar Lumens [XLM] has been recovering slowly since February, 2019. XRP Support 1: $0.288 Resistance 1: $0.340 The 1-Day...
Read in AMBCrypto: https://apple.news/Acp_
CURRENCIES
UPDATE 1-FX trading volumes slide in April as calmer markets deter investors
* FX average daily trading volumes down 8.3 pct in April y/y-CLS
Read in Reuters: https://apple.news/AxRD03W_
* FX average daily trading volumes down 8.3 pct in April y/y-CLS
Read in Reuters: https://apple.news/AxRD03W_
GBP/USD: Trump's Toughness Outweighs Brexit Optimism
GBP/USD is under pressure, falling below 1.3000 once again. The fate of trade talks and fears about North Korea outweigh Brexit optimism. The technical picture has turned bearish for the currency pair. Are markets beginning to ignore Brexit? Recent movements in GBP/USD suggest that events outside the UK seem to have a growing impact while headlines from cross-party talks are being ignored. A high-level Chinese delegation will meet its US counterpart in Washington later today. President Donald
Read in Benzinga: https://apple.news/AcajvvEXMN-
GBP/USD is under pressure, falling below 1.3000 once again. The fate of trade talks and fears about North Korea outweigh Brexit optimism. The technical picture has turned bearish for the currency pair. Are markets beginning to ignore Brexit? Recent movements in GBP/USD suggest that events outside the UK seem to have a growing impact while headlines from cross-party talks are being ignored. A high-level Chinese delegation will meet its US counterpart in Washington later today. President Donald
Read in Benzinga: https://apple.news/AcajvvEXMN-
'Where is our money?': Sudan's currency crisis deepens
Banks dispense smaller amounts from ATMs as economic turmoil in the country grows Mohammed Mahdi Ahmed, a pensioner, is sitting in the queue outside the Bank of Khartoum waiting to withdraw money from an ATM. It is a familiar sight across a city in the midst of a currency crisis, as well as the turmoil of Sudan’s revolution. In recent days, the bank machines have only dispensed small sums of cash – about $40 for the lucky few – until the money in the ATMs runs out. Across the road another queue
Read in the guardian: https://apple.news/
Banks dispense smaller amounts from ATMs as economic turmoil in the country grows Mohammed Mahdi Ahmed, a pensioner, is sitting in the queue outside the Bank of Khartoum waiting to withdraw money from an ATM. It is a familiar sight across a city in the midst of a currency crisis, as well as the turmoil of Sudan’s revolution. In recent days, the bank machines have only dispensed small sums of cash – about $40 for the lucky few – until the money in the ATMs runs out. Across the road another queue
Read in the guardian: https://apple.news/
Millions of Australian bank notes have 'responsibility' misspelled
46 million Australian bank notes had the word "responsibility" misspelled on them.
Read in Fox News: https://apple.news/
46 million Australian bank notes had the word "responsibility" misspelled on them.
Read in Fox News: https://apple.news/
Turkey's central bank steps in after the lira nosedives to an eight-month low
The currency has been ranked the worst-performing in emerging markets for several consecutive weeks.
Read in CNBC: https://apple.news/
The currency has been ranked the worst-performing in emerging markets for several consecutive weeks.
Read in CNBC: https://apple.news/
US Treasury To Accuse Vietnam Of Manipulating Its Dong | Zero Hedge
https://www.zerohedge.com/
HEALTH / SCIENCE
Health care debate hobbles stock in drugmakers, insurers
Drugmakers and health insurers have been on the defensive most of the year as politicians criticize the high cost of prescription drugs and medical care
Read in ABC News: https://apple.news/
These 3 revolutionary genomics companies are changing lives for patients — and investors
Genetic testing is soaring, and so are these stocks, writes Michael Brush.
Read in MarketWatch: https://apple.news/
Genetic testing is soaring, and so are these stocks, writes Michael Brush.
Read in MarketWatch: https://apple.news/
Attacks on health care facilities, dire security concerns escalating latest Ebola outbreak
Continued attacks on Ebola treatment facilities and medical professionals have many fearing the outbreak in the DRC could morph into another global catastrophe.
Read in Fox News: https://apple.news/AsGm_
Nutritionists Say These Are the Biggest Food Safety Red Flags at Restaurants
Look for these food safety faux pas next time you're dining out. Photo by Hinterhaus Productions/Getty Risky Food Business When you walk into a restaurant, there are probably things that raise your food-safety antennae. Don't worry - you're not the only one. Registered dietitian nutritionists (RDNs) from across the country weighed in on what restaurant habits they have to avoid food-safety pitfalls. According to Lauren Harris-Pincus, MS, RDN, founder of Nutrition Starring You and author of The
Read in Food Network: https://apple.news/
Look for these food safety faux pas next time you're dining out. Photo by Hinterhaus Productions/Getty Risky Food Business When you walk into a restaurant, there are probably things that raise your food-safety antennae. Don't worry - you're not the only one. Registered dietitian nutritionists (RDNs) from across the country weighed in on what restaurant habits they have to avoid food-safety pitfalls. According to Lauren Harris-Pincus, MS, RDN, founder of Nutrition Starring You and author of The
Read in Food Network: https://apple.news/
The Way You Sleep Says a Lot More About Your Personality Than You May Realize
When you're closing your eyes and hitting your pillow, you're probably not giving much thought about the position in which you actually fall asleep or stay asleep throughout the night. Of course, you're not awake to know whether you start on your side and end up on your belly or vice versa, and unl ...
Read in POPSUGAR: https://apple.news/
Major Bank: The Immortality Industry Is the Next Hot Investment
Moonshot Bank of America analysts say that companies focused on immortality and longevity — extending the human lifespan as much as possible — are going to grow in coming years, with the market expected to be worth $600 billion by 2025. Longevity companies have often risen and fallen with little ado. But if these financial...
Read in Futurism: https://apple.news/
USA / CANADA
US tariff increase on $200B of Chinese imports takes effect
Trump's tariff increase on $200 billion in Chinese imports takes effect, heightening US tensions with Beijing
Read in ABC News: https://apple.news/AX_
Trump's tariff increase on $200 billion in Chinese imports takes effect, heightening US tensions with Beijing
Read in ABC News: https://apple.news/AX_
President Trump Opposes Trump Administration Foreign Policy
Appointing policymakers you disagree with because they look good on TV turns out to be a problematic strategy.
Read in New York Magazine: https://apple.news/
Watch live: Trump delivers remarks on ending surprise medical billing
President Donald Trump will detail his plans on ending surprise medical billing.
Read in NBC News: https://apple.news/
Houston braces for more serious flooding from another storm
The Houston area braced for more flooding as heavy rain and hail pelted the nation's fourth largest city for the second time this week, threatening to send some streams over their banks
Read in ABC News: https://apple.news/
The Houston area braced for more flooding as heavy rain and hail pelted the nation's fourth largest city for the second time this week, threatening to send some streams over their banks
Read in ABC News: https://apple.news/
WRAPUP 1-Canada trade deficit shrinks slightly in March, still 12th largest on record
Canada's trade deficit in Marchshrank slightly to C$3.21 billion ($2.38 billion) but was stillthe 12th largest on record, Statistics Canada said on Thursday,underscoring the headwinds still facing exporters.
Read in Reuters: https://apple.news/AtK_
EMERGING MARKET
China iron ore imports fall to 18-mth low in April as Brazil shipments slide
China's iron ore imports in Aprilfell to the lowest level in 18 months as poor weather in Brazil,the country's second-biggest supplier, disrupted shipments andsome production by miner Vale SA was halted after amine accident.
Read in Reuters: https://apple.news/
China's iron ore imports in Aprilfell to the lowest level in 18 months as poor weather in Brazil,the country's second-biggest supplier, disrupted shipments andsome production by miner Vale SA was halted after amine accident.
Read in Reuters: https://apple.news/
Angola overtakes Brazil as top crude supplier to China
Surpassing Brazil, Angola has risen to be the top crude supplier to China's independent refineries in April, having supplied around 2.17 million mt of crude during the month, S&P Global Platts monthly survey showed Wednesday. Angolan imports, which surged 72.7% from a month ago, hit a fresh record high in April. The last high of...
Read in FurtherAfrica: https://apple.news/
Surpassing Brazil, Angola has risen to be the top crude supplier to China's independent refineries in April, having supplied around 2.17 million mt of crude during the month, S&P Global Platts monthly survey showed Wednesday. Angolan imports, which surged 72.7% from a month ago, hit a fresh record high in April. The last high of...
Read in FurtherAfrica: https://apple.news/
Royal Dutch Shell to invest $ 2 billion per year in Brazil: newspaper
Royal Dutch Shell PLC has plans to invest about $2 billion per year in Brazil through 2025, CEO Ben van Beurden told newspaper Valor Econômico in an exclusive interview.
Read in Reuters: https://apple.news/
Royal Dutch Shell PLC has plans to invest about $2 billion per year in Brazil through 2025, CEO Ben van Beurden told newspaper Valor Econômico in an exclusive interview.
Read in Reuters: https://apple.news/
With Hurricane Season Looming, Trump Is Blocking Relief Funds and Mocking Puerto Rico
In the two hurricane seasons since Donald Trump was elected president, the United States was hit by five major hurricanes, including Hurricane Maria, which devastated Puerto Rico in 2017. In the immediate aftermath of the record-breaking storm, Trump accused the mayor of San Juan of "poor leadership" and suggested Puerto Ricans weren't doing enough to...
Read in Mother Jones: https://apple.news/
In the two hurricane seasons since Donald Trump was elected president, the United States was hit by five major hurricanes, including Hurricane Maria, which devastated Puerto Rico in 2017. In the immediate aftermath of the record-breaking storm, Trump accused the mayor of San Juan of "poor leadership" and suggested Puerto Ricans weren't doing enough to...
Read in Mother Jones: https://apple.news/
The U.S. war on Mexican tomatoes has begun and consumers will pay
After 22 years, the US Department of Commerce just terminated the Tomato Suspension Agreement, which governs fresh tomatoes from Mexico. With the trade deal's end on May 7 comes a 17.5% tariff on the fresh fruit, a tax that will likely be passed on to American consumers. More than half of tomatoes sold in the...
Read in Quartz: https://apple.news/
After 22 years, the US Department of Commerce just terminated the Tomato Suspension Agreement, which governs fresh tomatoes from Mexico. With the trade deal's end on May 7 comes a 17.5% tariff on the fresh fruit, a tax that will likely be passed on to American consumers. More than half of tomatoes sold in the...
Read in Quartz: https://apple.news/
Mexican president says U.S. tariffs on tomatoes won't help migration problem
Mexican President AndresManuel Lopez Obrador on Wednesday criticized a U.S. decision toimpose a 17.5% tariff on tomatoes imported from Mexico, sayingit ran counter to efforts to curb migration into the UnitedStates from south of the border.
Read in Reuters: https://apple.news/
Mexican President AndresManuel Lopez Obrador on Wednesday criticized a U.S. decision toimpose a 17.5% tariff on tomatoes imported from Mexico, sayingit ran counter to efforts to curb migration into the UnitedStates from south of the border.
Read in Reuters: https://apple.news/
Trump Says U.S. Underestimated Venezuela’s ‘Tough Cookie’ Maduro: Report
President Donald Trump is reportedly frustrated with National Security Adviser John Bolton's overconfidence in toppling Venezuela's President Nicolás Maduro
Read in Newsweek: https://apple.news/A5_
President Donald Trump is reportedly frustrated with National Security Adviser John Bolton's overconfidence in toppling Venezuela's President Nicolás Maduro
Read in Newsweek: https://apple.news/A5_
A Venezuelan Opposition Figure Has Been Arrested After Taking Part in a Failed Uprising
It was the first arrest in an apparent crackdown on those who tried to revolt
Read in TIME: https://apple.news/
It was the first arrest in an apparent crackdown on those who tried to revolt
Read in TIME: https://apple.news/
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/
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/
The emerging markets’ dark cloud over the global economy - AEI
At a time when US-China trade tensions are resurfacing, troubles are coming to the emerging market economies not as single spies but as battalions. This has to be of great concern for the world economic outlook. This is especially the case since, unlike in past episodes of emerging market weakness, these troubles are coming not when the Federal Reserve is tightening monetary policy but rather when the Fed is moving to a looser policy stance. Last month, in its World Economic Report update, the
Read in AEI: https://apple.news/A_
At a time when US-China trade tensions are resurfacing, troubles are coming to the emerging market economies not as single spies but as battalions. This has to be of great concern for the world economic outlook. This is especially the case since, unlike in past episodes of emerging market weakness, these troubles are coming not when the Federal Reserve is tightening monetary policy but rather when the Fed is moving to a looser policy stance. Last month, in its World Economic Report update, the
Read in AEI: https://apple.news/A_
Russia is the real winner in any US-Iran conflict
We can expect Russia to use the threat of a US-Iran conflict to insert itself as the responsible mediator.
Read in The Hill: https://apple.news/
OPEC in the dark on oil supply as Russia, Iran cut exports
OPEC is in the dark on the oil supply outlook for the second half of this year, with Iranian and Russian outages looking increasingly significant but Saudi Arabia reluctant to pump more due to fears of a price crash, sources in the organization said.
Read in Reuters: https://apple.news/
Iraq’s Repatriation Plan
Read in TRT World: https://apple.news/
Read in TRT World: https://apple.news/
High oil prices are hurting Emirates
Emirates airline just paid its biggest ever fuel bill, sending profits to the lowest level in a decade.
Read in CNN Business: https://apple.news/Aw8Sc_
AFRICA
Zimbabwe: Villagers Resist a Chinese Company's Mining Project
Zimbabwe has clamored for outside investment in recent years, but villagers north of the capital are resisting a Chinese mining project they say will spoil the environment and fail to bring them much benefit. The villagers are from Domboshava, a rocky area north of Zimbabwe’s capital, and they are disputing a Chinese company's decision to start quarry mining. Seventy-year-old Florence Nyamande is among those saying no to the proposed project by Aihua Jianye Company. “The Chinese are the money
Read in AllAfrica: https://apple.news/
Zimbabwe Has a 30 Days Fuel Left - Minister
(Photo: Nairobi News) Zimbabwe is trudging towards a major fuel crisis after Energy Minister Jorum Gumbo, Wednesday revealed the country has less than a month's supply of the precious liquid. Responding to a question from Mbizo MP, Settlement Chikwinya on Wednesday, during the Question and Answer session, Gumbo however claimed there are ships docked at the Mozambican Port of Beira, from which fuel is being pumped into the country adding the situation will improve. "Our consumption is 2 million
Read in AllAfrica: https://apple.news/A2rR0U_
Zimbabwe: President Gives Investors His Word
Victoria Falls PRESIDENT Mnangagwa has assured foreign investors that the country has liberalised investment conditions to the extent that they are free to partner local businesses of their choice and can access their dividends. Officially opening the 35th International Chromium Development Association (ICDA) Conference here yesterday, President Mnangagwa said the Second Republic will continuously implement comprehensive economic reforms to ensure Zimbabwe remains a safe, favourable and
Read in AllAfrica: https://apple.news/
Victoria Falls PRESIDENT Mnangagwa has assured foreign investors that the country has liberalised investment conditions to the extent that they are free to partner local businesses of their choice and can access their dividends. Officially opening the 35th International Chromium Development Association (ICDA) Conference here yesterday, President Mnangagwa said the Second Republic will continuously implement comprehensive economic reforms to ensure Zimbabwe remains a safe, favourable and
Read in AllAfrica: https://apple.news/
Zimbabwe: US Impressed By Mthuli Ncube's Economic Reforms
(Photo: Columbus Mavhunga/VOA) THE US has been impressed by Finance Minister Mthuli Ncube's economic interventions, the economic power's Senior Economic Officer at its Harare embassy, Christopher Hunnicutt said this week. However, Hunnicutt was quick to indicate that sanctions imposed on Harare will only be removed once President Emmerson Mnangagwa's administration "adheres to the country's Constitution." "There has been a lot of progress in the fiscal area which is aimed at stabilising the
Read in AllAfrica: https://apple.news/
(Photo: Columbus Mavhunga/VOA) THE US has been impressed by Finance Minister Mthuli Ncube's economic interventions, the economic power's Senior Economic Officer at its Harare embassy, Christopher Hunnicutt said this week. However, Hunnicutt was quick to indicate that sanctions imposed on Harare will only be removed once President Emmerson Mnangagwa's administration "adheres to the country's Constitution." "There has been a lot of progress in the fiscal area which is aimed at stabilising the
Read in AllAfrica: https://apple.news/
Zimbabwe warns of power cuts as dam levels fall, aging plants stutter
Zimbabwe's state-owned power utility on Thursday warned it may ration electricity supplies as low water levels reduce output from its biggest hydro plant, while aging coal-fired generators are shuttered or running at reduced capacity.
Read in Reuters: https://apple.news/
Insight: The inadvertent rise of digital transactions in Zimbabwe
This article will trace the history of currency use in Zimbabwe, tracking Zimbabwe’s movement from relative monetary stabilization following independence, to its crippling hyperinflation, abandonment of the Zimbabwean dollar, adoption of a multi-currency system and ultimately how the evolution of the currency regime has led to the rise of fintech methods of transacting on the...
Read in FurtherAfrica: https://apple.news/
ASIA
US upping the ante but China ‘still has trade war cards it can play’
Beijing still holds trade war retaliation options against Washington even if the US raises tariffs on Chinese goods on Friday, according to Chinese analysts. Chinese Vice-Premier Liu He is expected to arrive in Washington on Thursday for the latest round…
Read in South China Morning Post: https://apple.news/
China inflation jumps to six-month high as African swine fever drives up pork prices
China’s consumer inflation climbed to its highest level in six months in April because of soaring pork prices, with the nation increasingly feeling the effects of the African swine fever epidemic. Consumer price inflation accelerated to 2.5 per cent in…
Read in South China Morning Post: https://apple.news/
China’s consumer inflation climbed to its highest level in six months in April because of soaring pork prices, with the nation increasingly feeling the effects of the African swine fever epidemic. Consumer price inflation accelerated to 2.5 per cent in…
Read in South China Morning Post: https://apple.news/
Singapore’s fake news law: a lesson to Asia in stifling dissent?
After six decades in power, Singapore’s People’s Action Party has plenty of experience in deflecting criticism from civil rights campaigners. Still, even the PAP appears to have been taken aback by the fierce opposition to its plan for a law to combat …
Read in South China Morning Post: https://apple.news/A-
After six decades in power, Singapore’s People’s Action Party has plenty of experience in deflecting criticism from civil rights campaigners. Still, even the PAP appears to have been taken aback by the fierce opposition to its plan for a law to combat …
Read in South China Morning Post: https://apple.news/A-
Here's How Much Trump's Tariffs Will Cost China's GDP
China can handle the haircut. Sort of.
Read in Forbes: https://apple.news/
China can handle the haircut. Sort of.
Read in Forbes: https://apple.news/
North Korea fires “unidentified projectile,” South Korea says
The launch comes after North Korea on Saturday launched what were described as short-range projectiles thought to involve multiple rocket launchers, including "new tactical guidance weapons."
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SKorean military: NKorea's latest launches were missiles
A South Korean military official says the two weapons North Korea flew across its country toward the sea on Thursday were evaluated as short-range missiles
Read in ABC News: https://apple.news/
A South Korean military official says the two weapons North Korea flew across its country toward the sea on Thursday were evaluated as short-range missiles
Read in ABC News: https://apple.news/
EUROPE
E.U. stresses that it wants to continue doing business with Iran
The Europeans say the 2015 nuclear deal is a pillar of regional and global security, but Washington says Tehran is destabilizing the Middle East.
Read in NBC News: https://apple.news/A5XhlAlfWS-
Greek grid gets $200 mln EIB loan for Crete undersea power link
Greece moved closer to cuttingCrete's reliance on oil to generate power on Thursday as gridoperator ADMIE signed a 178 million euro ($200million) European Investment Bank loan to partly fund underseacables to the mainland.
Read in Reuters: https://apple.news/
Greece moved closer to cuttingCrete's reliance on oil to generate power on Thursday as gridoperator ADMIE signed a 178 million euro ($200million) European Investment Bank loan to partly fund underseacables to the mainland.
Read in Reuters: https://apple.news/
Brexit Brief: May hopes to bring Brexit vote before parliament for the fourth time
U.K. Prime Minister Theresa May has told senior Conservative MPs she will try to break the political deadlock on Brexit for the fourth time before the European elections on May 23, as she faces rising pressure to resign
Read in MarketWatch: https://apple.news/
UK's top Brexit minister accuses Europeans of 'lazy thinking' for seeing Brexit as isolationist
Theresa May’s chief Brexit minister has complained that Europeans are prone to “lazy thinking” about Brexit and for some reason associate the project with Nigel Farage and the “Little Englander” mentality.
Read in The Independent: https://apple.news/
Even this popular ‘soft’ Brexit scenario still slows the U.K. economy, think tank says
A scenario where the U.K. leaves the European Union but keeps some key economic ties with the 28 member state, colloquially known as a soft Brexit, would still leave the U.K. with a sizable fiscal shortfall, according to one think tank.
Read in MarketWatch: https://apple.news/A-WQ-
CBI, ISX, Kauaihn Chatter:
CBI Update:
ISX Update:
The CBI Closed on Friday and Saturday
Kauaihn Chatter:dd
http://www.dinarguru.com/
5-11-2019 Newshound/Intel Guru Mnt Goat ...this is still a MAJOR concern since Sadr gave Mahdi until June 1st to form the government. The question is does he have enough support to hold a “no confidence” vote and change out the PM? There is no firm target date to vote on the remaining 4 ministers. We still wait for any more news
5-10-2019 Intel Guru MarkZ ...everyone I’ve talked to so far today says today will be a big day to watch…maybe to get it all...so we are watching everything closely... There really has been some fantastic news...a lot of it I cannot share...I know how frustrating it is to hear that… We do have news out of Iraq...hearing the new rate has gone live or is about to go live...My people on the ground there expect a rate of $3.63 in Iraq by tomorrow morning ...this from some good sources over there--- contractors...and this rate came from a contractor publication in Iraq...This is the rate they will be paying their employees... This to me is pretty exciting... I would not share any rates that have not already been published…I am simply telling you what a person there saw in print. This may also be the street rate in Iraq that may release tomorrow as well...
5-10-2019 Newshound Guru Adam Montana Ramadan is officially under way, and for once in this wild ride... I'm very pleased to see how things are moving. OF COURSE there are going to be snippets about things being pushed back to outside of Ramadan, but we're not even a week in and we are already seeing a difference. Not only are Parliament meetings continuing as of tomorrow (Saturday), but we're finally talking about OIL! OIL has been missing from the news over the last couple months, and I was expecting it to resurface shortly. It is unusual, but not surprising, to see it popping up now. I say it's not surprising because even though it's Ramadan, the timing is right. This time around, they may just surprise us.
5-10-2019 Newshound Guru Adam Montana Ramadan is officially under way, and for once in this wild ride... I'm very pleased to see how things are moving. OF COURSE there are going to be snippets about things being pushed back to outside of Ramadan, but we're not even a week in and we are already seeing a difference. Not only are Parliament meetings continuing as of tomorrow (Saturday), but we're finally talking about OIL! OIL has been missing from the news over the last couple months, and I was expecting it to resurface shortly. It is unusual, but not surprising, to see it popping up now. I say it's not surprising because even though it's Ramadan, the timing is right. This time around, they may just surprise us.
5-10-2019 Newshound Guru Kaperoni They can float anytime. Moving to Article VIII only means the CBI and its banking system meets a level of compliance equal to the rest of worlds banking system. Thus should make the dinar more acceptable worldwide. Investment laws need to be passed still. In order for the investment community to put money in Iraq to rebuild they need laws, stability and validation from the IMF. When investors to come it will create pressure on the banking system allowing the currency to raise in value. So the bottom line is ...until they have a private sector (laws), and move to Article VIII to open the banking system, investors will not come and with no investment the dinar will stay where it is.
5-10-2019 Intel Guru Bruce I am under the impression that the trade agreement [China] might have been some form of leverage with the RV GCR or visa versa. I know it is in play. So, I believe what we are doing is right there with the possibility of notification within hours to days. We are very close. ...I am really psyched where we are and what is happening. ...I do not know if the weekend would be as promising for us, but certainly pretty soon. [post 2 of 2]
5-10-2019 Intel Guru Bruce Where we are...is so close that I have even been informed not to say certain things. That almost never happens to me. ...I will say this. We have word that the currencies are trading. A lot of people can not see what the rates are...those currencies that we have talked about are being traded quite a bit on the screens, behind the scenes as you can say. They are trading so they can move up in value. That is all very good and should help everybody to get the kind of currency exchange that they were hoping for. [post 1 of 2....stay tuned]
5-10-2019 Intel Guru Bluwolf ...we are about to give you the good news, just be prudent and patient for a little bit more. ...They [banks] have been placed on high alert and have been instructed to perform on a minute's notice. The time to see this is in the NOW and all securities worldwide have been put on this alert status. We are now looking into what might be left from the crooked and banksters. All banks are Basel 3-4 compliant... Iraq borders are now locked in and all that needed to be announced is now a reality.
5-10-2019 Intel Guru Bruce I am under the impression that the trade agreement [China] might have been some form of leverage with the RV GCR or visa versa. I know it is in play. So, I believe what we are doing is right there with the possibility of notification within hours to days. We are very close. ...I am really psyched where we are and what is happening. ...I do not know if the weekend would be as promising for us, but certainly pretty soon. [post 2 of 2]
5-10-2019 Intel Guru Bruce Where we are...is so close that I have even been informed not to say certain things. That almost never happens to me. ...I will say this. We have word that the currencies are trading. A lot of people can not see what the rates are...those currencies that we have talked about are being traded quite a bit on the screens, behind the scenes as you can say. They are trading so they can move up in value. That is all very good and should help everybody to get the kind of currency exchange that they were hoping for. [post 1 of 2....stay tuned]
5-10-2019 Intel Guru Bluwolf ...we are about to give you the good news, just be prudent and patient for a little bit more. ...They [banks] have been placed on high alert and have been instructed to perform on a minute's notice. The time to see this is in the NOW and all securities worldwide have been put on this alert status. We are now looking into what might be left from the crooked and banksters. All banks are Basel 3-4 compliant... Iraq borders are now locked in and all that needed to be announced is now a reality.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
*************
ARTICLE 1 (from PM Mahdi's website; posted only on the Arabic side, not on the English side; 22 pix)
Prime Minister Adel Abdul Mahdi decides to hand over the gifts he receives from foreign officials to the Ministry of Culture
The Prime Minister, Mr. Adel Abdul-Mahdi, has decided to hand over the gifts he receives from foreign officials to the Ministry of Culture and to consider them as the property of the Iraqi state to act according to the interests of the State. May 2019.
The Minister suggested opening a pavilion at the Iraqi National Museum to place such gifts.
And precious gifts given by senior foreign officials, some of which have symbolic, artistic and other value.
The pictures represent a sample of those gifts that exceed 100 pieces, which will be handed over to the Ministry of Culture and duly certified.
Media Office of the Prime Minister
10 May 2019
*************
ARTICLE 2 (from Government of Iraq twitter account)
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt5-10-2019 around 9 am Eastern
Representatives from the @IraqiGovt attend the launch in Baghdad of @IEA’s latest report on Iraq’s energy sector. The report was produced in cooperation with the Ministries of Oil and Electricity and sets out measures to address Iraq’s current and future energy needs.- *************ARTICLE 3
Abadi towards the opposition in a serious move to persuade large political blocs to join him
BAGHDAD (Reuters) - May 10 - Al-Nasr, led by Haider al-Abadi, is seriously considering going to the opposition with a number of political blocs and parties.
The leader of the coalition, MP Faleh Ziadi, "The coalition of victory and other blocs close to the opposition has not taken until this moment a final decision to go to the political opposition, but is still considering the option."
He added Ziadi, "The leader of the coalition of victory Haider Abadi held negotiations with the majority of political blocs, whether in the coalition of reform and reconstruction or a coalition of construction, was discussed going to the opposition, but so far we are studying this option, and did not take, .
At the beginning of this month, the wisdom movement led by Anbar al-Hakim, confirmed Friday (3 May 2019), that the option of the opposition is still on the inside, but the final decision has not been resolved until now.
"It is necessary to have an opposition party within the federal government in order to monitor the government's work accurately," MP Hassan Fadam said.
He added that "the one who goes to the opposition must be outside the government line," noting that "the option offered within the wisdom on going to the opposition has not been resolved and a decision is taken until the moment. Finished (1)
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ARTICLE 4
Maliki: US threats will push security and stability in the region to the brink of collapse
BAGHDAD, May 10 (KUNA) - The head of a coalition of state law, Nuri al-Maliki, said on Friday that "the military escalation in the region, the beating of war drums and the wave of confrontation accompanied by the imposition of unilateral economic sanctions by the United States against neighbor Iran, And all this will impose serious repercussions on the Iranian people and all the peoples of the region, especially the Iraqi people, who just emerged from a devastating war with the organization of the preacher terrorist, whose sleeping cells still threaten his stability and security.
"The policy of threatening to use force and strategic weapons, and to try to impose will and hegemony by force, will push security and stability in the region to the brink of collapse, a new cycle of mass violence and the beginning of a chapter of killing, destruction and destruction," he said. Peace and stability, economic, political and social development and mutual cooperation. We call upon all to declare a united position on policies that threaten the interests of the peoples of the region and the world. We call for arbitration of the language of reason and dialogue, And solving outstanding problems between countries in wise, realistic and productive ways and in accordance with international resolutions, not by force, siege, starvation and intimidation from any party. " Finished
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ARTICLE 5
Hakim warns of continuing the vacuum in the cabins and calls for Iraqi mediation between America and Iran
2019/5/10 20:09
[Baghdad-where]
Warned the head of the Coalition for Reform and Reconstruction, Mr. Ammar al-Hakim, the continuing lack of completion of the cabinet cabin, "calling for" Iraqi mediation between the United States and Iran and ease the tension between them. "
Mr. Ammar al-Hakim said in a ceremony commemorating the tenth anniversary of the departure of Mr. Abdul Aziz al-Hakim in Najaf, that "the continued gap between the people and the political class and political division, although the failure in the event of occurrence will reach everyone without exception, especially who had a direct role in the formation of the current government With our pride and support for the government of Adel Abdul Mahdi, but it became very difficult to justify not completing the ministerial cabin and the continuing vacancy in four ministries important and sensitive linked to the security of people and their upbringing and social justice.
"There are serious comments related to a number of elected ministers, which means that the priorities are not clear and the magnitude of the challenge and the suffering of the people does not represent the highest priority in the political and government path."
"We warn of the continuation of this vacuum call for the acceleration of the completion of the cabinet and independent bodies and the termination of the Agency and the implementation of the service program, which has been pledged by the government since its formation and so far."
He pointed out that "despite our support for the government of Abdul Mahdi, and if we are outside this government, but we will monitor and prevent if we find the slow and slow implementation of the government program and this is what we say clearly without a twist or tip."
He pointed out that "other negative social phenomena, which are extraneous phenomena because it destroys the infrastructure of society and is in the absence of things such as suicide and high rates of divorce and intellectual and cultural deviations and drug abuse and the prevalence of extortion and extortion and other phenomena alien to our society committed to values and authenticity.
Mr. Ammar al-Hakim called on "all those involved in governmental and religious institutions, political and societal machines and the sons and organizations of the stream of wisdom to address cultural and reform issues to address these grave phenomena."
"The other negative aspect is to judge things with one eye and hide the positive aspects," he said, noting that "the culture of frustration and refraction is one of the most serious threats to peoples and nations, especially if issued by the elite and the elite."
Mr. Ammar al-Hakim said: "We are sorry when we follow news reports and articles for the means of social communication and others, which diagnose things with a negative eye and self-glorification and ignore the illuminating aspects of the country and our society, although our ambition is broad and our potential is great and political and government shortcoming is clear but we must unite and agree not to make matters worse. We lose people's confidence in themselves. "
He stressed that "everyone bears responsibility, the government and the political scene reflective mirror of society and if we want to reform, let us start from ourselves and before the censure of others and the election and take responsibility for selection."
Mr. Ammar al-Hakim called for "courageous criticism, but for the sake of building, not demolition, and criticizing the same reform, not defamation and telling the truth to people out of awareness, not coverage, spreading a culture of hope and initiative instead of complaining and abuse.
As for the developments in the region, he said: "We are well aware of the dangers that surround Iraq. The outcome of the American-Iranian conflict and the impact of Iraq does not come as a result of its testing of a certain position. Rather, Iraq is in the heart of the region and within the geography of the conflict and we must be serious in keeping Iraq from any potential consequences. Iraq stands idle when it comes to its interests and security. "
"The policy of refining Iranian oil exports adopted by the United States means moving from political pressure to the policy of strangulation of Iran and its state and people, and this will have serious and catastrophic effects on the region and Iraq in particular."
"Iraq is taking responsible positions to avoid the disaster and moving from the center of the political to the mediator's policy, which seeks to ease the conflict," said Ammar al-Hakim, calling on the Iraqi government to offer mediation initiative between the two parties to deal with the escalating crisis these days.
He pointed out that "Iraq is living today an openness and international convergence not seen since the past decades, a golden opportunity that must be invested alone and be the size of those historical Talprsp and take advantage of them to stabilize the stability and stability of Iraq and the return of liberated areas and refineries of development and economic prosperity."
He also stressed the need to "beware of the return of terrorism to the regions again, and the recent terrorist operations are making the alarm sound, and we must not allow a subject to be turned into a regional or international pressure paper. Iraq is a red line and we will not allow the darkness to return to Baghdad and other cities. And we must strengthen our military support to my service and culture. "
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