WOTS Saturday 5/18/19:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1186.0000 | 1185.9000 | 1186.0000 | | 15:46 |
| USD/VND | | | 23380.0000 | 23272.7000 | 23272.7000 | | 15:46 |
| USD/CNY | | | 6.9177 | 6.8827 | 6.8827 | | 11:35 |
| USD/KWD | | | 0.3041 | 0.3032 | 0.3037 | | 15:45 |
| GBP/USD | | | 1.2808 | 1.2712 | 1.2801 | | 15:59 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 17:15 |
| USD/IDR | | | 14571.0000 | 14445.0000 | 14477.0000 | | 15:59 |
CNBC Link:
CNBC Morning Squawk Link:
No link yet
DC NY Iraq Articles:dd
Halabousi Office announces the results of the meeting of the deputies of the liberated cities
Editorial date: 2019/5/18 11:19 • 184 times read
(Baghdad: Al-Furat News) Speaker of the House of Representatives Mohamed Halbousi held a meeting of a number of deputies of cities liberated from the gangs of the Daash terrorist.
"The meeting reviewed the current political situation, including the election of the Governor of Nineveh, which everyone said was done in deals plagued by corruption; to waste the opportunity for the people of the city to elect a personality on the basis of constitutional; To rise the city of rubble, away from interference and interests and narrow partisan pressures.
"The meeting, which was attended by thirty-eight deputies and other leading personalities, also discussed mechanisms to form the Alliance of Iraqi Forces as a national project that meets the requirements of liberated cities and their needs in reconstruction, construction and development, the return of the displaced to their homes and the exclusion of corrupt people from participating in this alliance."
"The meeting, which was attended by thirty-eight deputies and other leading personalities, also discussed mechanisms to form the Alliance of Iraqi Forces as a national project that meets the requirements of liberated cities and their needs in reconstruction, construction and development, the return of the displaced to their homes and the exclusion of corrupt people from participating in this alliance."
Iran: We do not seek war with America and get out of nuclear agreement Ward
Editorial Date: 18/5/2019 11:58 • 23 times read
The Iranian people are willing to pay the price of the resistance by standing up to America, Iranian Ambassador Hamid Baeidi-Nejad said.
"We have given a general opportunity for the other parties to resolve the problems in the nuclear agreement, but now we have reached the conclusion that if we do not take appropriate action, the nuclear agreement will collapse," he told BBC radio.
He added that if the United States sought more unnecessary and provocative measures, we are determined to stand before it. We are not seeking to ignite war, but we will stand up to America and pay the price of the resistance. "
He stressed that Iran has always sought to establish peace and stability in the Middle East, but that the United States, as part of its withdrawal from the nuclear agreement, carried out provocative and unnecessary measures, including the inclusion of the Revolutionary Guards on the list of terrorism.
"Although the issue of getting out of the nuclear deal is one of the possible options, Iran does not intend to do so at the current stage, but we have decided to use points in the nuclear agreement to further urge our partners to carry out their obligations," he said.
On the face of economic pressure, he said, "We have begun the process of reducing dependency on oil exports and we are trying to turn oil into a commodity at a higher price."
He pointed out that the Iranian budget depends on 30 percent of the revenues of oil exports, which is an extraordinary achievement and said that Iran and in the light of the current problems is determined to seriously reduce dependence on oil and was doing well in this area.
The Iranian ambassador described exports of non-oil goods as a "quiet revolution" and said Iran had moved in recent years in the path of the resistant economy
He added that if the United States sought more unnecessary and provocative measures, we are determined to stand before it. We are not seeking to ignite war, but we will stand up to America and pay the price of the resistance. "
He stressed that Iran has always sought to establish peace and stability in the Middle East, but that the United States, as part of its withdrawal from the nuclear agreement, carried out provocative and unnecessary measures, including the inclusion of the Revolutionary Guards on the list of terrorism.
"Although the issue of getting out of the nuclear deal is one of the possible options, Iran does not intend to do so at the current stage, but we have decided to use points in the nuclear agreement to further urge our partners to carry out their obligations," he said.
On the face of economic pressure, he said, "We have begun the process of reducing dependency on oil exports and we are trying to turn oil into a commodity at a higher price."
He pointed out that the Iranian budget depends on 30 percent of the revenues of oil exports, which is an extraordinary achievement and said that Iran and in the light of the current problems is determined to seriously reduce dependence on oil and was doing well in this area.
The Iranian ambassador described exports of non-oil goods as a "quiet revolution" and said Iran had moved in recent years in the path of the resistant economy
Attempt to assassinate assistant director general in central Baghdad
18-05-2019 12:01 AM
Baghdad:
The Assistant Director General of the Ministry of Housing and Municipalities to an assassination attempt in Baghdad district of Ur district
"Unidentified assailants carried out five live bullets to assassinate the Assistant Director-General (HHS) and were able to escape and the surveillance cameras were unable to identify their identities," a security source told Al-Akhbar.
"The operation resulted in the injury of the victim who was injured and was taken to hospital," he said, adding that "the police forces opened an investigation into the incident to find out the circumstances of the incident."
While the injured and his friends called for an investigation and investigation to uncover the perpetrators and bring them to justice, especially after they discovered the weakness of the investigation procedures at the Jerusalem police station.
The Assistant Director General of the Ministry of Housing and Municipalities to an assassination attempt in Baghdad district of Ur district
"Unidentified assailants carried out five live bullets to assassinate the Assistant Director-General (HHS) and were able to escape and the surveillance cameras were unable to identify their identities," a security source told Al-Akhbar.
"The operation resulted in the injury of the victim who was injured and was taken to hospital," he said, adding that "the police forces opened an investigation into the incident to find out the circumstances of the incident."
While the injured and his friends called for an investigation and investigation to uncover the perpetrators and bring them to justice, especially after they discovered the weakness of the investigation procedures at the Jerusalem police station.
The Israeli perception of Iraq has evolved: "Crowding" and resistance are a constant concern
Saturday 18 May
Such as the US occupation of Iraq in 2003 the origin of strategic Israeli bets (AFP)
The victory of the Islamic Revolution in Iran in 1979 marked a break in the evolution of Israel's perception of Iraq's position and role in Tel Aviv's regional strategy. Before the revolution in Iran, Iraq was a potential source of threat, as it represented an Arab strategic depth for Syria and the Eastern Front. After the fall of the Shah and the establishment of a regime totally hostile to the Zionist entity, the Israeli view of Iraq is made up of a constant source of threat, and at the same time a strategic buffer zone and a deterrent to Iran. With regard to this regional innovator, Iraq has become the regional power on which the West and Israel have bet on confronting Iran with the aim of overthrowing it, and later to contain it. From the Israeli perspective, the Iran-Iraq war, which lasted about eight years, was an opportunity to drain and occupy the two countries. An opportunity exploited by Tel Aviv in 1981 to decide to destroy the Iraqi nuclear reactor without any practical punishment.
But the failure of the American plan in Iraq and the region, and then the withdrawal from Iraq without being able to impose a political system that adopts US policy, specifically in the face of Iran and Syria, dispelled Israeli hopes regarding the eastern front, and the entity of the enemy in front of a new strategic reality, Of the Iraqi political system has become very clear in the position of the Arab international plan to overthrow the regime of President Bashar al-Assad. This prompted Israeli Prime Minister Benjamin Netanyahu to warn, in his address to the Knesset on December 28, 2011, that "the new situation that is emerging in Iraq would make Israel face the challenges of the East (reference to the Eastern Front) in a way we did not meet We have not dealt with it for almost 10 years, "and what it might represent later in light of the possibility of revitalizing the Eastern Front, as well as highlighting the growing importance of Jordan as a buffer zone in the face of Iraq.
At a later stage, a new Israeli bet was formed in the role played by the organization «Da'ash» in the depletion of the axis of resistance, and the possibility that this constitutes a barrier to Iran and the axis of resistance, as expressed by Netanyahu on several occasions, "Advocated" the strengthening of the axis led by Iran, and that an operational policy should be adopted to allow the containment of the parties. Less than a week after the same date, Netanyahu stressed that "the greatest threat is not a preacher, but from the Shiite fundamentalist party," referring to Iran and its allies. He then repeated the same positions in the years that followed. But the problem of Tel Aviv that the failure of the bet on «urging» to drop the axis of resistance and containment also led to the crystallization of regional power in Iraq, the «popular mobilization» and the resistance factions, which are part of the axis of the counter.
In the face of this reality, Iraq has become in the Israeli consciousness and the accounts of the security establishment has a defense force proved effective in the field, in exchange for the most lethal and destructive terrorist organization. Its role is not only to create a dam against any attempt to use Iraq as a platform to contain and attack Iran, but also as a regional power that has played its role in the Syrian arena against armed and terrorist groups.
After the collapse of the Soviet Union in 1991, the United States, at the head of an international coalition, led to the destruction of Iraq's economic and military infrastructure after its military occupation of Kuwait on August 2, 1990, followed by the adoption of a strategy of "dual containment" . The collapse of the eastern camp and the destruction of Iraq, for the Jewish state, including the right-wing Likud party, represent an opportunity to impose a formula for a settlement of the Arab-Israeli conflict that meets Israeli demands and aspirations.
George W. Bush's presidency of the United States in early 2001 and his neo-conservatives left a shift in the US view of Iraq. Washington, driven by a range of backgrounds, moved to the occupation of Iraq with its enormous oil wealth, Geographically and strategically towards Iran, Syria and the oil states in the Gulf ... with the aim of rooting and consolidating the hegemony over the region and the world. The US occupation of Iraq in 2003 represented the origin of strategic Israeli bets that reached the skyline. Tel Aviv considered that this would strengthen its strategic position in the region and boosted the bets on removing the possibility of re-shaping the Eastern Front in the foreseeable future, The hopes of the Syrian regime and the elimination of Hezbollah, as revealed by the head of military intelligence, Major General Amos Yadlin (2006-2010), were expressed in his speech before the National Security Research Institute, which he heads on the occasion of the decade of the Second Lebanon War, N to impose a final settlement on the Palestinian track formula.
George W. Bush's presidency of the United States in early 2001 and his neo-conservatives left a shift in the US view of Iraq. Washington, driven by a range of backgrounds, moved to the occupation of Iraq with its enormous oil wealth, Geographically and strategically towards Iran, Syria and the oil states in the Gulf ... with the aim of rooting and consolidating the hegemony over the region and the world. The US occupation of Iraq in 2003 represented the origin of strategic Israeli bets that reached the skyline. Tel Aviv considered that this would strengthen its strategic position in the region and boosted the bets on removing the possibility of re-shaping the Eastern Front in the foreseeable future, The hopes of the Syrian regime and the elimination of Hezbollah, as revealed by the head of military intelligence, Major General Amos Yadlin (2006-2010), were expressed in his speech before the National Security Research Institute, which he heads on the occasion of the decade of the Second Lebanon War, N to impose a final settlement on the Palestinian track formula.
The failure of the bet on a "preacher" led to the crystallization of a regional force in Iraq
But the failure of the American plan in Iraq and the region, and then the withdrawal from Iraq without being able to impose a political system that adopts US policy, specifically in the face of Iran and Syria, dispelled Israeli hopes regarding the eastern front, and the entity of the enemy in front of a new strategic reality, Of the Iraqi political system has become very clear in the position of the Arab international plan to overthrow the regime of President Bashar al-Assad. This prompted Israeli Prime Minister Benjamin Netanyahu to warn, in his address to the Knesset on December 28, 2011, that "the new situation that is emerging in Iraq would make Israel face the challenges of the East (reference to the Eastern Front) in a way we did not meet We have not dealt with it for almost 10 years, "and what it might represent later in light of the possibility of revitalizing the Eastern Front, as well as highlighting the growing importance of Jordan as a buffer zone in the face of Iraq.
At a later stage, a new Israeli bet was formed in the role played by the organization «Da'ash» in the depletion of the axis of resistance, and the possibility that this constitutes a barrier to Iran and the axis of resistance, as expressed by Netanyahu on several occasions, "Advocated" the strengthening of the axis led by Iran, and that an operational policy should be adopted to allow the containment of the parties. Less than a week after the same date, Netanyahu stressed that "the greatest threat is not a preacher, but from the Shiite fundamentalist party," referring to Iran and its allies. He then repeated the same positions in the years that followed. But the problem of Tel Aviv that the failure of the bet on «urging» to drop the axis of resistance and containment also led to the crystallization of regional power in Iraq, the «popular mobilization» and the resistance factions, which are part of the axis of the counter.
In the face of this reality, Iraq has become in the Israeli consciousness and the accounts of the security establishment has a defense force proved effective in the field, in exchange for the most lethal and destructive terrorist organization. Its role is not only to create a dam against any attempt to use Iraq as a platform to contain and attack Iran, but also as a regional power that has played its role in the Syrian arena against armed and terrorist groups.
The government announces shocking figures about the projects stalled and the high unemployment rate
Editorial date: • 2019/5/18 8:34 • 392 times read
(Baghdad: Al Furat News) revealed a senior government official, the number of projects stalled or faltering in Iraq, "referring to" the high unemployment rate in the country. "
The Prime Minister's Advisor for Financial Affairs Mohammed Saleh's appearance in a press statement, "The government for three months is making great efforts to move the projects stalled and stagnant in the portfolio of private investment and government.
He explained that "the private sector can not work without the provision of a correct infrastructure," noting that "projects portfolio of private investment, which is close to 900 projects either suspended from work final or slow and the total value of 40 billion dollars."
Saleh attributed the reasons for the halt and delay of projects to "the allocation of land and sorting by the municipal departments, in addition to not granting banks loans and bureaucracy in dealing," stressing that "the government and three months to make great efforts to examine these investment projects in the private sector while overcoming obstacles In the ministries of the state, including the financial in terms of approvals and loans and municipalities in regard to the allocation of land, with the fight against corruption and Bureaucratic. "
"The government is also seeking to move the government investment portfolio, which has a huge investment estimated 4900 projects worth $ 100 billion dollars," the prime minister's adviser, adding that "the reasons for the interruption is due to weak implementation with weak funding, which fluctuates with the economic rent of oil."
Saleh pointed out that "moving the portfolios of private investment and government will contribute to reducing the level of unemployment, which is now high rates up to 16 percent, with the achievement of what we expect from the growth of GDP by 7 percent, which is high, which is achieved by China now"
He explained that "the private sector can not work without the provision of a correct infrastructure," noting that "projects portfolio of private investment, which is close to 900 projects either suspended from work final or slow and the total value of 40 billion dollars."
Saleh attributed the reasons for the halt and delay of projects to "the allocation of land and sorting by the municipal departments, in addition to not granting banks loans and bureaucracy in dealing," stressing that "the government and three months to make great efforts to examine these investment projects in the private sector while overcoming obstacles In the ministries of the state, including the financial in terms of approvals and loans and municipalities in regard to the allocation of land, with the fight against corruption and Bureaucratic. "
"The government is also seeking to move the government investment portfolio, which has a huge investment estimated 4900 projects worth $ 100 billion dollars," the prime minister's adviser, adding that "the reasons for the interruption is due to weak implementation with weak funding, which fluctuates with the economic rent of oil."
Saleh pointed out that "moving the portfolios of private investment and government will contribute to reducing the level of unemployment, which is now high rates up to 16 percent, with the achievement of what we expect from the growth of GDP by 7 percent, which is high, which is achieved by China now"
The deterioration of Internet service in Iraq is causing economic damage to the budget amounting to millions of dollars
18-05-2019 12:23 PM
Baghdad
The economic expert, Sabeeh al-Hashemi, Saturday, that the deterioration of the Internet service the right to economic damage is high up to millions of dollars.
Hashemi told the "news" that "the deterioration of the Internet service, the right economic damage to the government to the tune of millions of dollars, by influencing the work of banks and transfer companies."
He explained that "the Internet is possible to achieve Iraq's budget giant may revive the budget of the country is very much as important as oil if the management of the Internet service properly and professionally."
For his part, said a parliamentary source familiar with the "news", "a number of MPs in the parliament, began a campaign to collect signatures to host the Minister of Communications, Naim al-Rubaie."
He explained that "the House of Representatives will discuss with the Minister three topics: the game" Bbji "electronic, pornographic sites on the Internet, and its impact on young people and children, the work and problems of telecommunications networks and mobile phones in Iraq.
The source, who preferred not to be named, that "the Council will ask for explanations from the Minister on the three subjects."
Kauaihn Iraq Articles:dd
Union: Talabani will take over the presidency of the Kurdistan government until the formation of the new ministry
11:58 - 18/05/2019
Information / Baghdad ..
The Patriotic Union of Kurdistan (PUK) on Saturday voted to vote on Nigervan Barzani as the new president of the Kurdistan region of Iraq this week, while noting that the Vice President of the Kurdistan Regional Government, Qubad Talabani, will take over the presidency until the formation of the new ministry.
The leader of the Union Ghayath al-Surji said in a statement that the next week will witness the convening of a special session on the vote on the President of the Kurdistan region, noting that "the political agreement provides for voting for the Democratic Party candidate Nigervan Barzani as head of the region."
He added that al-Surji, "Vice-President of the Kurdistan Regional Government, Qubad Talabani will continue to charge the presidency of the Kurdistan government instead of Barzani until the task of forming a government," expected "Nejervan commissioner pleased Barzani prime minister after the holiday holiday." Ending / 25 d
Kurdish blocs warn of disaster Khanaqin will lead to displacement and calls Saleh and Abdul-Mahdi to intervene
Local 11:56 - 18/05/2019
Kurdish blocs warn of disaster Khanaqin will lead to displacement and calls Saleh and Abdul-Mahdi to intervene
Baghdad - Mawazine News
Warned the Kurdish blocs in the House of Representatives, on Saturday, a disaster in the district of Khanaqin will lead to mass exodus, calling for President Barham Saleh and ministers Adel Abdul Mahdi to intervene.
"It is no secret to everyone that the hands of terrorism and some unknown parties are tampering with the security and safety of Khanaqin and the surrounding villages," the groups said in a statement received by Mawazine News.
She added: "As a result of these criminal practices, more than forty citizens, members and members of the security services were martyred, and the area was heavily damaged, not only by those criminals, but also by the burning of farmers' crops, Including one of the teachers. "
The blocs continued: "While condemning these criminal acts and malicious conspiracy aimed at coexistence and stability in the city, we believe that the intervention of the Presidency and the Prime Minister and all concerned parties to take all necessary measures to prevent this injustice and targeting, which placed on that city and its people.
"The city of Khanaqin is exposed these days to exceptional circumstances that could lead to mass exodus and migration and leave the peasants to their land. We, as representatives of the people in the House of Representatives, reveal these facts to the people to stand on the facts and put everyone in front of their legal responsibilities to find an urgent solution." g
Baghdad - Mawazine News
Warned the Kurdish blocs in the House of Representatives, on Saturday, a disaster in the district of Khanaqin will lead to mass exodus, calling for President Barham Saleh and ministers Adel Abdul Mahdi to intervene.
"It is no secret to everyone that the hands of terrorism and some unknown parties are tampering with the security and safety of Khanaqin and the surrounding villages," the groups said in a statement received by Mawazine News.
She added: "As a result of these criminal practices, more than forty citizens, members and members of the security services were martyred, and the area was heavily damaged, not only by those criminals, but also by the burning of farmers' crops, Including one of the teachers. "
The blocs continued: "While condemning these criminal acts and malicious conspiracy aimed at coexistence and stability in the city, we believe that the intervention of the Presidency and the Prime Minister and all concerned parties to take all necessary measures to prevent this injustice and targeting, which placed on that city and its people.
"The city of Khanaqin is exposed these days to exceptional circumstances that could lead to mass exodus and migration and leave the peasants to their land. We, as representatives of the people in the House of Representatives, reveal these facts to the people to stand on the facts and put everyone in front of their legal responsibilities to find an urgent solution." g
Halabousi: We push the fourth power to be a source of strength in society
Editorial date: 18/9/2019 9:45 • 119 times read
"The Iraqi press has recorded honorable positions in support of the democratic transition and the political process in Iraq, and was a living conscience in the follow-up to all that passed through the Iraqi society, and we pay the fourth power to be a source of strength Active in society ".
Al-Halbusi said in a congratulatory message on the anniversary of the founding of the state-owned Al-Sabah newspaper that "your newspaper was the pulse of the Iraqi street, which conveys the concerns of citizens and their problems, and highlights the flaw in the performance of government and follow-up files corruption and corrupt." He added that " For thought and expression of opinion. "
The Speaker of the House of Representatives extended his congratulations to the Editor-in-Chief of Al-Sabah newspaper and all the staff and writers, and to all Iraqi journalists on the occasion of its founding.
The Speaker of the House of Representatives extended his congratulations to the Editor-in-Chief of Al-Sabah newspaper and all the staff and writers, and to all Iraqi journalists on the occasion of its founding.
The Iranian consul in Erbil demonstrates the extent of the region's commitment to US sanctions
Editorial date:: 2019/5/17 23:07 • 565 times read
(International: Euphrates News) The Iranian Consul General in Arbil, Morteza Abedi, Friday, the lack of commitment to the Kurdistan region of US sanctions imposed on his country.
"American officials may make it clear to them that the Kurdistan region will not abide by the US sanctions against Iran in the framework of federal Iraq," Abdi told the Kurdish Press Press Agency.
He added that "American officials during their visits to the Kurdistan region are trying to scare traders in the region of trade with Iran, but all these attempts were useless and went in vain."
"About 40 percent of all Iran's trade with Iraq is through the Kurdistan region through seven border ports," he said.
The Kurdistan region has the most border crossings with Iran within Iraq, and Iranian products have a clear presence in the markets of the province.
He added that "American officials during their visits to the Kurdistan region are trying to scare traders in the region of trade with Iran, but all these attempts were useless and went in vain."
"About 40 percent of all Iran's trade with Iraq is through the Kurdistan region through seven border ports," he said.
The Kurdistan region has the most border crossings with Iran within Iraq, and Iranian products have a clear presence in the markets of the province.
Integrity brings officials in the municipality of Nasiriyah
Editorial date: • 055 2019/545 • 355 times read
(Baghdad: Al-Furat News) A local source in Dhi Qar province, that the Integrity Commission brought the director of the municipality of Nasiriyah and a number of employees of his department.
The source said in a press statement that "integrity brought the director of the municipality of Nasiriyah, Ahmed Rikan, and three employees of his constituency on charges of manipulation in one of the public auctions of shops and the state losses of millions of dinars."
The source, who asked not to be named, that "the investigations are still ongoing with the accused parties, headed by the Chairman of the bidding committee," noting that "the complaint was moved by a citizen against the director and staff of the municipality."
The source, who asked not to be named, that "the investigations are still ongoing with the accused parties, headed by the Chairman of the bidding committee," noting that "the complaint was moved by a citizen against the director and staff of the municipality."
Kauaihn Economic Times:
ISX Update:
ECONOMIC TIMES / CHATTER
FOR TWITTER ACCT
Just send a text message from your cell phone to:
40404 (may have to add 40404 as a contact first) Then send a message that says: Follow @FactsnOpinion1 and you will join their twitter feed and instantly get the doc. You do NOT have to join twitter to get tweets
ONLY SPACE IS AFTER FOLLOW
who are on their computers to go to:
to get to our twitter feed
10 Things to Know for Today
Among 10 Things to Know: Trump playing down threat of war with Iran; Iran's regional proxies ensure it will never fight alone; An emotional send-off for lovable geeks of 'Big Bang Theory'
Read in ABC News: https://apple.news/
Gold’s slide gathers steam after upbeat U.S. economic reports
Gold futures retreat Thursday, gaining steam after a batch of domestic data, but remaining on track for a modest weekly gain.
Read in MarketWatch: https://apple.news/
5 ways to buy and sell gold
Investors like gold for many reasons, but it comes with a number of risks.
Read in Bankrate: https://apple.news/
Oil Climbs On Falling U.S. Gasoline Stockpiles And Gulf Tension
Oil climbed for a third day in the longest run of gains in three weeks as falling U.S. gasoline stockpiles supported the demand outlook and simmering tensions in the Middle East kept investors on edge. Futures in New York rose as much as 0.9% after adding 1.6% over the previous two sessions. American gasoline inventories...
Read in Investor's Business Daily: https://apple.news/A2U_
METALS-Shanghai aluminium hits 7-mth high amid supply shortage in China
(Adds details, updates prices)
Read in Reuters: https://apple.news/
When China Jump-Starts Its Shadow Banking Units, You'll Know It's Bad
Nomura: expect "special support" to the private sector to help China protect its manufacturers from tariffs.
Read in Forbes: https://apple.news/A6OqWxa1iR-
HSBC first to offer dementia-friendly banking service in Hong Kong
HSBC Hong Kong has introduced a new type of bank account specifically aimed at customers with dementia, a growing public health concern among the city’s rapidly ageing population. The bank account, which HSBC says is the first of its kind in Hong Kong and…
Read in South China Morning Post: https://apple.news/
World Bank, CommBank Team Up for 'World First' Blockchain Bond Transaction
The World Bank says its new debt instrument "bond-i" is the first bond to have both issuance and trading recorded on a blockchain.
Read in CoinDesk: https://apple.news/A4G-
Euro zone banking at risk of dangerous fragmentation, ECB warns
Euro zone banks are turning away from cross-border activity, putting at risk the bloc's banking union and raising the risk of dangerous fragmentation, European Central Bank Vice President Luis de Guindos said on Thursday.
Read in Reuters: https://apple.news/
How Artificial Intelligence Is Already Disrupting Financial Services
According to a recent survey of financial services industry executives.
Read in Barron's: https://apple.news/
As U.S. debt rises and credit cards delinquencies spike, the signs of a credit crisis grow
A recent survey of bank officers shows U.S. institutions are tightening their lending standards and raising rates on commercial loans and credit cards.
Read in Axios: https://apple.news/
Boom in dodgy Wall Street deals points to market trouble ahead
The fourth-quarter stock market rout that wiped out $12 trillion in shareholder value and sparked a bout of Christmas Eve panic may have quickly been forgotten by most Americans, but not by the salespeople and financial engineers of Wall Street.
Read in Bloomberg: https://apple.news/
Boom in dodgy Wall Street deals points to market trouble ahead
The fourth-quarter stock market rout that wiped out $12 trillion in shareholder value and sparked a bout of Christmas Eve panic may have quickly been forgotten by most Americans, but not by the salespeople and financial engineers of Wall Street.
Read in Bloomberg: https://apple.news/
Litecoin Price Hits 11-Month High Above $100
The litecoin cryptocurrency was trading in the triple digits earlier on Thursday for the first time since last June.
Read in CoinDesk: https://apple.news/
Get Ready for the Next Bitcoin Bull Cycle
This momentum we are seeing in the cryptocurrencies is only the beginning. Even as bitcoin prices, and the cryptocurrencies space as a whole, have fallen since their highs in late 2017, interest in digital coins has remained steady, pointing to a renewed uptrend in prices, this according to Frank Holmes, CEO of U.S. Global Investors. "What's important during this whole year is that even though the price fell 80% to 90% depending on the coins, you had an increase of wallets out of people buying
Read in TheStreet: https://apple.news/
Bitcoin Will Be ‘Alive and Well,’ Says Renowned Emerging Markets Investor Mark Mobius
Veteran frontier markets investor Mark Mobius says he believes cryptocurrencies will show resilience due to continuing demand for new forms of value transfer
Read in Cointelegraph: https://apple.news/AEUXZ7hU2P-
Bitcoin Can Sat-isfy The World: Monetary Transformation On A Global Scale
What would it take for economies to be transformed? From measuring the worth of assets in fiat currencies -- pounds, euros, dollars, and so forth -- to a digital currency system that values every good, service, and commodity in Bitcoin? The task of overseeing and implementing such a monumental shift would be overwhelming... yet it's...
Read in Crypto Briefing: https://apple.news/
Breakthrough cancer treatments to target drugs resistance
The first drugs that stop cancer cells resisting treatment could be available within the next decade.
Read in Sky News: https://apple.news/
Judge rips insurance company for 'immoral, barbaric' cancer denials
A federal judge blasted UnitedHealthcare last month for its "immoral and barbaric" denials of treatment for cancer patients. He made the comments in recusing himself from hearing a class-action lawsuit because of his own cancer battle — and in so doing thrust himself into a heated debate in the oncology world.
Read in CNN: https://apple.news/
British people get drunk more often than anyone else, says survey
UK respondents said they got drunk 51 times in the past year, compared with 50 times in the US, 48 in Canada and 47 in Australia.
Read in CNN: https://apple.news/
6 Ways Doctors Treat Cellulitis
If left untreated, this scary bacterial skin infection can be life-threatening.
Read in Health.com: https://apple.news/
Just because you feel healthy doesn't mean your heart isn't at risk
A review has been carried out on the most effective diets to manage risk factors, such as high blood pressure and cholesterol. If you feel healthy, that's a pretty good indicator you'll stay healthy — but it's not an ironclad guarantee. A US study found that one in 10 people who rated their health as excellent had measurable evidence of cardiovascular disease but no symptoms, putting them at higher risk for a heart attack or stroke. "Our study suggests an important public health message: that
Read in 9Honey: https://apple.news/
Alan Greenspan on China tariffs: It's a terrible idea on both sides
Former Federal Reserve Chairman Alan Greenspan on the U.S. trade talks with China, the economic impact of tariffs and the state of the U.S. economy.
Read in Fox News: https://apple.news/
Jobless claims drop 16,000 to 212,000, show no hint of deterioration in labor market
The number of people who applied for unemployment benefits last week fell sharply to the lowest level in a month, dragging new “jobless claims” back near a post-recession low and suggesting all is well in the U.S. labor market. Initial claims sank by 16,000 to 212,000.
Read in MarketWatch: https://apple.news/
MIDDLE EAST
Netanyahu wary of being dragged into U.S.-Iran escalation
At a special meeting on U.S.-Iran tensions with Israel's intelligence chiefs and top military brass, Prime Minister Benjamin Netanyahu said Israel would make every effort not to get dragged into the escalation in the Gulf and would not interfere directly in the situation, Israeli officials tell me.
Read in Axios: https://apple.news/
Israel throws its weight around the Middle East as Gulf states capitulate
Israel throws its weight around the Middle East as Gulf states capitulate
Read in TRT World: https://apple.news/
UK raises threat level for troops in Iraq amid tense US-Iran relations
The UK has raised the threat level for its troops and diplomats in Iraq amid heightened concern over potential attacks by Iran or its proxy forces.
Read in The Telegraph: https://apple.news/
In an Echo of the Iraq War, the U.S. and Europe Are Split on Iran
The Trump administration has applied “maximum pressure.” European leaders want “maximum restraint.”
Read in The Atlantic: https://apple.news/AyVb_
Iraq has contingency plans in case Iran gas imports halted: minister
Iraq has contingency plans for any stoppage of Iranian gas imports for its power grid but hopes no such disruption will take place, Oil Minister Thamer Ghadhban said on Thursday.
Read in Reuters: https://apple.news/
Frustrated GOP senators want answers from Trump on Iran
Frustrated Senate Republicans say the Trump administration has largely kept them in the dark about a possible military confrontation with Iran.
Read in The Hill: https://apple.news/
Ethiopia: The New Electronic System Replaces Cash Payment Orders
Taxpayers in the capital have started paying their taxes using an electronic payment order system, which replaces the paper-based Cash Payment Order (CPO) . The Ministry of Revenues has fully operationalised the electronic payment order from the end of March 2019 as part of its new e-tax payment system with the aim of modernising its services. Operating at all four branches of the Ministry in Addis Abeba, the new system requires taxpayers to fill out a form to order the banks to make a cash
Read in AllAfrica: https://apple.news/
Zimbabwe: Energy Minister - Zim Faces Power Blackout, Turns to Moza for Help
LOW water levels at Kariba and depressed coal supplies at Hwange Thermal Power Station, are threatening to plunge the country into darkness within the next three months, Energy Minister Joram Gumbo has said. Gumbo told journalists at a post-Cabinet briefing on Friday, that he will travel to Mozambique soon to negotiate for more supplies to avert the crisis. "The water levels at Kariba have gone very low to the extent that we may not be able to generate power by October, if we don't manage it
Read in AllAfrica: https://apple.news/
Kenya: Insights From Kenya - Why Anthrax Outbreaks Recur in the Same Areas
(Photo: National Institute of Standards and Technology/Wikimedia Commons) There's been an anthrax outbreak in Kenya's Nakuru county. But it's not the first time. Nakuru seems to be a hotspot for these outbreaks. The Conversation Africa's Moina Spooner asked Bernard Bett and John Gachohi to shed light on the reasons for this. What is anthrax and how dangerous is it to people and animals? Anthrax is a potentially fatal disease which mainly affects herbivores. Carnivores are generally more
Read in AllAfrica: https://apple.news/
Tanzania: Why China Has Become Leading Foreign Investor in Tanzania
Dar es Salaam China has leapfrogged its Western peers to become the largest foreign investor in Tanzania, thanks to the aggressiveness of its people in searching for new markets outside the world's most populous country. Eight years ago, China was sixth among countries with the largest investments in Tanzania behind the UK, the US, South Africa and Kenya. But latest figures by the Tanzania Investment Centre (TIC) show that China had moved into second place in 2012 before taking the top slot a
Read in AllAfrica: https://apple.news/
South Africa: Disputed Diamonds - Presidency Slapped With Hefty R29.9bn Claim Over Lesotho Diamonds
A diamond mining company has filed a R29.9bn claim against President Cyril Ramaphosa and his government as a near three-decade-long dispute over expropriated diamond mining rights in Lesotho reaches South African courts again. Josias van Zyl, managing director of Swissbourgh Diamond Mining, is arguing that South Africa is liable to pay him damages for, among other reasons, its "unconstitutional" and "unlawful" support in disbanding the Southern African Development Community (SADC) Tribunal at a
Read in AllAfrica: https://apple.news/AWwEO2-
Currency Fears Drive Chinese Into Bitcoin
As Trump and Xi play a dangerous game of chicken, bitcoin surges.
Read in Forbes: https://apple.news/
Vietnam eyes U.S. avocado market after Trump spat with Mexico
Vietnam is seeking to exportavocados to the United States, the Southeast Asian country saidon Thursday, after U.S. President Donald Trump's threat to shutthe U.S.-Mexico border raised fears American consumers could seea shortage.
Read in Reuters: https://apple.news/A5-
Chinese equity investors, unsure of a sustainable bull run, place wagers on defensive plays
There is a paradox in China’s world-beating stock rally this year: defensive plays are turning out to be the best performers. While Chinese stocks have technically been in bull market territory this year following a 20 per cent gain in the Shanghai…
Read in South China Morning Post: https://apple.news/
China slams U.S. move to blacklist telecom giant Huawei
China on Thursday slammed a decision by the U.S. government to put telecom equipment giant Huawei on a blacklist and said it will take steps to protect its companies, in a further test of ties as the economic heavyweights clash over trade.
Read in Reuters: https://apple.news/
Italian government’s China expert urges EU to make it easier for member states to deal with China
The European Union should adapt its trade policy to make it easier for member countries to conduct business with China, according to an Italian government minister. Michele Geraci, undersecretary of state at Italy’s Ministry of Economic Development, said…
Read in South China Morning Post: https://apple.news/
Brexit Brief: Make-or-break moment for May’s leadership as U.K. approaches vote on deal
Theresa May’s future as prime minister hangs in the balance as ministers have warned that, if her EU withdrawal bill is defeated again in parliament, the U.K. will face a choice: no-deal or no Brexit.
Read in MarketWatch: https://apple.news/
Brexit Delays Could Damage Economic Outlook Despite Blockbuster First Quarter
Though Brexit helped in posting the best first quarter manufacturing output record since 1988, the further delays regarding Brexit could create big damage to the long-term outlook of economic growth. The economic growth of 0.5% in Q1 was supported by a 2.2% increase in manufacturing output. The companies’ strategy of piling stock ahead of Brexit […] The post Brexit Delays Could Damage Economic Outlook Despite Blockbuster First Quarter appeared first on LearnBonds.
Read in Learn Bonds Financial News: https://apple.news/
Shares in UK travel agency plunge amid Brexit warning
Shares in travel agency Thomas Cook slumped 17 percent after it reported a 1.5 billion pound ($1.9 billion) half year pre-tax loss and warned Brexit uncertainty was prompting travelers to delay bookings
Read in ABC News: https://apple.news/
GLOBAL/NEWS/INFO
Today in History
Read in ABC News: https://apple.news/
Read in ABC News: https://apple.news/
10 Things to Know for Today
Among 10 Things to Know: Trump playing down threat of war with Iran; Iran's regional proxies ensure it will never fight alone; An emotional send-off for lovable geeks of 'Big Bang Theory'
Read in ABC News: https://apple.news/
OIL/COMMODITIES/ENERGY
Gold’s slide gathers steam after upbeat U.S. economic reports
Gold futures retreat Thursday, gaining steam after a batch of domestic data, but remaining on track for a modest weekly gain.
Read in MarketWatch: https://apple.news/
5 ways to buy and sell gold
Investors like gold for many reasons, but it comes with a number of risks.
Read in Bankrate: https://apple.news/
Oil Climbs On Falling U.S. Gasoline Stockpiles And Gulf Tension
Oil climbed for a third day in the longest run of gains in three weeks as falling U.S. gasoline stockpiles supported the demand outlook and simmering tensions in the Middle East kept investors on edge. Futures in New York rose as much as 0.9% after adding 1.6% over the previous two sessions. American gasoline inventories...
Read in Investor's Business Daily: https://apple.news/A2U_
Oil adds to gain as Middle East tensions persist, U.S. supply build shrugged off
Oil futures gain Thursday as investors focused on still percolating Middle East tensions, with price firmness seen despite an unexpected climb in steadily rising U.S. crude supplies.
Read in MarketWatch: https://apple.news/
Oil futures gain Thursday as investors focused on still percolating Middle East tensions, with price firmness seen despite an unexpected climb in steadily rising U.S. crude supplies.
Read in MarketWatch: https://apple.news/
COLUMN-Commodities for the Trump-China trade war: Gold for bears, copper for bulls: Russell
(The opinions expressed here are those of the author, acolumnist for Reuters.)
Read in Reuters: https://apple.news/
(The opinions expressed here are those of the author, acolumnist for Reuters.)
Read in Reuters: https://apple.news/
METALS-Shanghai aluminium hits 7-mth high amid supply shortage in China
(Adds details, updates prices)
Read in Reuters: https://apple.news/
BANKS/BANKING/CREDIT
When China Jump-Starts Its Shadow Banking Units, You'll Know It's Bad
Nomura: expect "special support" to the private sector to help China protect its manufacturers from tariffs.
Read in Forbes: https://apple.news/A6OqWxa1iR-
Industrial and Commercial Bank of China tops Forbes’ Global 2000 list for seventh year, while ‘Made in China 2025’ sectors languish
China’s biggest banks have shrugged aside the gloom of its escalating trade war with the United States to dominate an annual list of the world’s biggest listed companies compiled by Forbes. Industrial and Commercial Bank of China (ICBC), one of the…
Read in South China Morning Post: https://apple.news/
China’s biggest banks have shrugged aside the gloom of its escalating trade war with the United States to dominate an annual list of the world’s biggest listed companies compiled by Forbes. Industrial and Commercial Bank of China (ICBC), one of the…
Read in South China Morning Post: https://apple.news/
HSBC first to offer dementia-friendly banking service in Hong Kong
HSBC Hong Kong has introduced a new type of bank account specifically aimed at customers with dementia, a growing public health concern among the city’s rapidly ageing population. The bank account, which HSBC says is the first of its kind in Hong Kong and…
Read in South China Morning Post: https://apple.news/
World Bank, CommBank Team Up for 'World First' Blockchain Bond Transaction
The World Bank says its new debt instrument "bond-i" is the first bond to have both issuance and trading recorded on a blockchain.
Read in CoinDesk: https://apple.news/A4G-
Euro zone banking at risk of dangerous fragmentation, ECB warns
Euro zone banks are turning away from cross-border activity, putting at risk the bloc's banking union and raising the risk of dangerous fragmentation, European Central Bank Vice President Luis de Guindos said on Thursday.
Read in Reuters: https://apple.news/
Goldman Sachs makes biggest acquisition in nearly 20 years - CNN
New York (CNN Business)Goldman Sachs just made its first M&A splash of the David Solomon era, scooping up United Capital in a bid to beef up its wealth-management business.
The Wall Street heavyweight is pushing deeper into the slow-but-steady wealth management industry in hopes of offsetting the turbulence experienced in its once-vaunted trading arm.
How Artificial Intelligence Is Already Disrupting Financial Services
According to a recent survey of financial services industry executives.
Read in Barron's: https://apple.news/
As U.S. debt rises and credit cards delinquencies spike, the signs of a credit crisis grow
A recent survey of bank officers shows U.S. institutions are tightening their lending standards and raising rates on commercial loans and credit cards.
Read in Axios: https://apple.news/
TREASURIES/BONDS/STOCKS
Boom in dodgy Wall Street deals points to market trouble ahead
The fourth-quarter stock market rout that wiped out $12 trillion in shareholder value and sparked a bout of Christmas Eve panic may have quickly been forgotten by most Americans, but not by the salespeople and financial engineers of Wall Street.
Read in Bloomberg: https://apple.news/
How To Find Stock Market Winners: Watch For Changing Industry Group Power
To find stock market winners, watch for rotation. An industry group that jumps from the bottom third of the rankings to the top 40 is being driven higher by institutional buying.
Read in Investor's Business Daily: https://apple.news/
To find stock market winners, watch for rotation. An industry group that jumps from the bottom third of the rankings to the top 40 is being driven higher by institutional buying.
Read in Investor's Business Daily: https://apple.news/
Boom in dodgy Wall Street deals points to market trouble ahead
The fourth-quarter stock market rout that wiped out $12 trillion in shareholder value and sparked a bout of Christmas Eve panic may have quickly been forgotten by most Americans, but not by the salespeople and financial engineers of Wall Street.
Read in Bloomberg: https://apple.news/
Day Ahead: Top 3 Things to Watch
Stock Markets May 16, 2019 21:10 GMT Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow. 1. Nvidia, Applied Materials Give Chips a Boost The tech sector will likely get a boost tomorrow thanks to solid earnings report in the semiconductor sector after the bell today. Nvidia (NASDAQ:NVDA) reported first-quarter earnings that topped analysts’ expectations and delivered in-line guidance even as the chipmaker’s gaming segment posted a sharp fall in sales. Nvidia
Read in Investing.com: https://apple.news/
Stock Markets May 16, 2019 21:10 GMT Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow. 1. Nvidia, Applied Materials Give Chips a Boost The tech sector will likely get a boost tomorrow thanks to solid earnings report in the semiconductor sector after the bell today. Nvidia (NASDAQ:NVDA) reported first-quarter earnings that topped analysts’ expectations and delivered in-line guidance even as the chipmaker’s gaming segment posted a sharp fall in sales. Nvidia
Read in Investing.com: https://apple.news/
CRYPTO'S / DIGITAL CURRENCY
Wells Fargo and Barclays back fintech company OpenFin
Financial services software startup OpenFin has raised $17 million in a funding round led by Wells Fargo & Co with participation from Barclays, the company said on Thursday.
Read in Reuters: https://apple.news/
Financial services software startup OpenFin has raised $17 million in a funding round led by Wells Fargo & Co with participation from Barclays, the company said on Thursday.
Read in Reuters: https://apple.news/
Litecoin Price Hits 11-Month High Above $100
The litecoin cryptocurrency was trading in the triple digits earlier on Thursday for the first time since last June.
Read in CoinDesk: https://apple.news/
Get Ready for the Next Bitcoin Bull Cycle
This momentum we are seeing in the cryptocurrencies is only the beginning. Even as bitcoin prices, and the cryptocurrencies space as a whole, have fallen since their highs in late 2017, interest in digital coins has remained steady, pointing to a renewed uptrend in prices, this according to Frank Holmes, CEO of U.S. Global Investors. "What's important during this whole year is that even though the price fell 80% to 90% depending on the coins, you had an increase of wallets out of people buying
Read in TheStreet: https://apple.news/
Bitcoin Will Be ‘Alive and Well,’ Says Renowned Emerging Markets Investor Mark Mobius
Veteran frontier markets investor Mark Mobius says he believes cryptocurrencies will show resilience due to continuing demand for new forms of value transfer
Read in Cointelegraph: https://apple.news/AEUXZ7hU2P-
Bitcoin Can Sat-isfy The World: Monetary Transformation On A Global Scale
What would it take for economies to be transformed? From measuring the worth of assets in fiat currencies -- pounds, euros, dollars, and so forth -- to a digital currency system that values every good, service, and commodity in Bitcoin? The task of overseeing and implementing such a monumental shift would be overwhelming... yet it's...
Read in Crypto Briefing: https://apple.news/
CURRENCIES
British pound slumps to 3-month low on ‘no-deal Brexit’ fears
It’s back. Despite repeated parliamentary votes to rule out the prospect of the U.K. leaving the European Union without a deal in place to govern its relationship with the bloc, the revived threat of a “no-deal” Brexit is putting renewed pressure on the British pound.
Read in MarketWatch: https://apple.news/ADkXJoZlrS-
Pound euro exchange rate: GBP falls against EUR on Brexit fears
THE pound euro exchange rate is down today and is trading around €1.143 at the time of writing. The pairing fell following Theresa May’s announcement that she will go ahead with what could be her final attempt to pass her withdrawal bill through Parliament. Brexit uncertainty and political upheaval has dampened market confidence in the pound. A spokesman for Labour leader Jeremy Corbyn highlighted the lack of a cross-party consensus. He said: “There is no agreement and we need the government to
Read in Express: https://apple.news/
UPDATE 1-Pakistan's rupee currency slides following IMF accord
(Adds comment from State Bank of Pakistan)
Read in Reuters: https://apple.news/
Pakistan's currency reaches all-time low against US dollar
Pakistan's currency plunges against the dollar after government, IMF reach preliminary deal on $6 billion bailout
Read in ABC News: https://apple.news/
African Markets - Factors to watch on May 16
The following company announcements, scheduled economicindicators, debt and currency market moves and political events may affect African markets onThursday. - - - - - GLOBAL MARKETS Asian shares fell on Thursday after the United States hit Chinese telecoms giant Huawei with severe sanctions, threatening. WORLD OIL PRICES Oil prices rose on Thursday for a third straight session, as the risk of conflict in the Middle East stoked fears of supply disruptions, negating an unexpected rise in U.S.
Read in Reuters: https://apple.news/
British pound slumps to 3-month low on ‘no-deal Brexit’ fears
It’s back. Despite repeated parliamentary votes to rule out the prospect of the U.K. leaving the European Union without a deal in place to govern its relationship with the bloc, the revived threat of a “no-deal” Brexit is putting renewed pressure on the British pound.
Read in MarketWatch: https://apple.news/ADkXJoZlrS-
Pound euro exchange rate: GBP falls against EUR on Brexit fears
THE pound euro exchange rate is down today and is trading around €1.143 at the time of writing. The pairing fell following Theresa May’s announcement that she will go ahead with what could be her final attempt to pass her withdrawal bill through Parliament. Brexit uncertainty and political upheaval has dampened market confidence in the pound. A spokesman for Labour leader Jeremy Corbyn highlighted the lack of a cross-party consensus. He said: “There is no agreement and we need the government to
Read in Express: https://apple.news/
Forex - Aussie Dollar Slides as Unemployment Rate Jumps
Forex May 16, 2019 05:07 GMT Investing.com - The Aussie dollar slid against the U.S. dollar on Thursday in Asia as data showed Australia’s unemployment rate jumped to the highest in eight months. The unemployment rate rose for a second straight month to 5.2 percent, when analysts had expected 5.1 percent, as the participation rate climbed to 65.8 percent indicating more people went looking for work. The data has "increased the risk the Reserve Bank of Australia (RBA) will cut the cash rate in
Read in Investing.com: https://apple.news/
Forex May 16, 2019 05:07 GMT Investing.com - The Aussie dollar slid against the U.S. dollar on Thursday in Asia as data showed Australia’s unemployment rate jumped to the highest in eight months. The unemployment rate rose for a second straight month to 5.2 percent, when analysts had expected 5.1 percent, as the participation rate climbed to 65.8 percent indicating more people went looking for work. The data has "increased the risk the Reserve Bank of Australia (RBA) will cut the cash rate in
Read in Investing.com: https://apple.news/
UPDATE 1-Pakistan's rupee currency slides following IMF accord
(Adds comment from State Bank of Pakistan)
Read in Reuters: https://apple.news/
Pakistan's currency reaches all-time low against US dollar
Pakistan's currency plunges against the dollar after government, IMF reach preliminary deal on $6 billion bailout
Read in ABC News: https://apple.news/
African Markets - Factors to watch on May 16
The following company announcements, scheduled economicindicators, debt and currency market moves and political events may affect African markets onThursday. - - - - - GLOBAL MARKETS Asian shares fell on Thursday after the United States hit Chinese telecoms giant Huawei with severe sanctions, threatening. WORLD OIL PRICES Oil prices rose on Thursday for a third straight session, as the risk of conflict in the Middle East stoked fears of supply disruptions, negating an unexpected rise in U.S.
Read in Reuters: https://apple.news/
Brokers brave China's FX market crackdown in hunt for household high rollers
Lured by hopes that China's retail investors could become major players in global currency markets, foreign brokers are brazenly chasing business in a gray area of the country's online trading sector, even as Beijing vows to wipe out such activities.
Read in Reuters: https://apple.news/
Lured by hopes that China's retail investors could become major players in global currency markets, foreign brokers are brazenly chasing business in a gray area of the country's online trading sector, even as Beijing vows to wipe out such activities.
Read in Reuters: https://apple.news/
HEALTH / SCIENCE
Breakthrough cancer treatments to target drugs resistance
The first drugs that stop cancer cells resisting treatment could be available within the next decade.
Read in Sky News: https://apple.news/
Judge rips insurance company for 'immoral, barbaric' cancer denials
A federal judge blasted UnitedHealthcare last month for its "immoral and barbaric" denials of treatment for cancer patients. He made the comments in recusing himself from hearing a class-action lawsuit because of his own cancer battle — and in so doing thrust himself into a heated debate in the oncology world.
Read in CNN: https://apple.news/
British people get drunk more often than anyone else, says survey
UK respondents said they got drunk 51 times in the past year, compared with 50 times in the US, 48 in Canada and 47 in Australia.
Read in CNN: https://apple.news/
6 Ways Doctors Treat Cellulitis
If left untreated, this scary bacterial skin infection can be life-threatening.
Read in Health.com: https://apple.news/
Just because you feel healthy doesn't mean your heart isn't at risk
A review has been carried out on the most effective diets to manage risk factors, such as high blood pressure and cholesterol. If you feel healthy, that's a pretty good indicator you'll stay healthy — but it's not an ironclad guarantee. A US study found that one in 10 people who rated their health as excellent had measurable evidence of cardiovascular disease but no symptoms, putting them at higher risk for a heart attack or stroke. "Our study suggests an important public health message: that
Read in 9Honey: https://apple.news/
USA / CANADA
Alan Greenspan on China tariffs: It's a terrible idea on both sides
Former Federal Reserve Chairman Alan Greenspan on the U.S. trade talks with China, the economic impact of tariffs and the state of the U.S. economy.
Read in Fox News: https://apple.news/
Housing starts climb almost 6% in April, but construction still lags last year’s pace
Construction on new houses rose almost 6% in April, but builders still lagged behind last year’s pace despite a big drop in mortgage rates. Housing starts increased to an annual rate of 1.24 million last month.
Read in MarketWatch: https://apple.news/
Construction on new houses rose almost 6% in April, but builders still lagged behind last year’s pace despite a big drop in mortgage rates. Housing starts increased to an annual rate of 1.24 million last month.
Read in MarketWatch: https://apple.news/
Jobless claims drop 16,000 to 212,000, show no hint of deterioration in labor market
The number of people who applied for unemployment benefits last week fell sharply to the lowest level in a month, dragging new “jobless claims” back near a post-recession low and suggesting all is well in the U.S. labor market. Initial claims sank by 16,000 to 212,000.
Read in MarketWatch: https://apple.news/
EMERGING MARKET
Rationing Begins, as Cuba Braces for Economic Impact From Venezuela Crisis
Cubans line up to buy food in Havana, on April 4, 2019. Fallout from the power struggle in Venezuela can be felt far beyond its borders, perhaps nowhere more than in Cuba. The U.S. has said Havana’s support for strongman Nicolás Maduro is helping him stay in power in Caracas; as punishment, the Trump Administration has imposed sanctions on Cuba. While Havana has pushed back on the accusation, it seems the island cannot escape the effects of the Venezuela conflict. Cuba announced new rations on
Read in TIME: https://apple.news/A_
Cubans line up to buy food in Havana, on April 4, 2019. Fallout from the power struggle in Venezuela can be felt far beyond its borders, perhaps nowhere more than in Cuba. The U.S. has said Havana’s support for strongman Nicolás Maduro is helping him stay in power in Caracas; as punishment, the Trump Administration has imposed sanctions on Cuba. While Havana has pushed back on the accusation, it seems the island cannot escape the effects of the Venezuela conflict. Cuba announced new rations on
Read in TIME: https://apple.news/A_
Trade war flare-up spurs biggest EM outflows in seven months: IIF
Emerging markets saw the heaviest capital flight since last October in recent weeks as trade tensions between China and the United States escalated, the Institute of International Finance (IIF) said in a report on Wednesday.
Read in Reuters: https://apple.news/
Emerging markets saw the heaviest capital flight since last October in recent weeks as trade tensions between China and the United States escalated, the Institute of International Finance (IIF) said in a report on Wednesday.
Read in Reuters: https://apple.news/
EMERGING MARKETS-Latam assets broadly fall as growth fears weigh
(Updates prices, adds market strategist's quote on Mexicanpeso) By Aaron Saldanha May 15 (Reuters) - A Latin American stocks benchmark fell onWednesday, while most Latin American currencies weakened againstthe dollar as surprisingly weak data out of China dented risksentiment and overcame optimism arising out of news of theUnited States planning to delay a decision on tariffs on autoimports. Data showing China's industrial output growth in Aprilslowed more than expected set a negative tone
Read in Reuters: https://apple.news/
(Updates prices, adds market strategist's quote on Mexicanpeso) By Aaron Saldanha May 15 (Reuters) - A Latin American stocks benchmark fell onWednesday, while most Latin American currencies weakened againstthe dollar as surprisingly weak data out of China dented risksentiment and overcame optimism arising out of news of theUnited States planning to delay a decision on tariffs on autoimports. Data showing China's industrial output growth in Aprilslowed more than expected set a negative tone
Read in Reuters: https://apple.news/
iflix: We're 'obsessed' with emerging markets
Mark Britt of iflix says the company's ad-supported model is giving mainstream advertisers a chance to connect with millennial audiences "for the first time."
Read in CNBC: https://apple.news/
Mark Britt of iflix says the company's ad-supported model is giving mainstream advertisers a chance to connect with millennial audiences "for the first time."
Read in CNBC: https://apple.news/
Bet on Big Blue? Are Emerging Markets heading higher? The traders answer viewer questions
The "Halftime Report" traders answer viewer questions on IBM, Salesforce, and Emerging Markets.
Read in CNBC: https://apple.news/AWb8V-
The "Halftime Report" traders answer viewer questions on IBM, Salesforce, and Emerging Markets.
Read in CNBC: https://apple.news/AWb8V-
Goldman Sachs cuts exposure to emerging markets on US-China trade tensions
The investment management arm of Goldman Sachs scaled back its "overweight" exposure to emerging market assets Thursday, amid rising trade tensions between the U.S. and China.
Read in CNBC: https://apple.news/
The investment management arm of Goldman Sachs scaled back its "overweight" exposure to emerging market assets Thursday, amid rising trade tensions between the U.S. and China.
Read in CNBC: https://apple.news/
Venezuela says talking with "democratic" opposition in Norway
Talks are underway in Norway between Venezuela's government and "democratic" opponents, an envoy said on Thursday, in a possible search for a mediated solution following a failed uprising against President Nicolas Maduro.
Read in Reuters: https://apple.news/
Talks are underway in Norway between Venezuela's government and "democratic" opponents, an envoy said on Thursday, in a possible search for a mediated solution following a failed uprising against President Nicolas Maduro.
Read in Reuters: https://apple.news/
Netanyahu wary of being dragged into U.S.-Iran escalation
At a special meeting on U.S.-Iran tensions with Israel's intelligence chiefs and top military brass, Prime Minister Benjamin Netanyahu said Israel would make every effort not to get dragged into the escalation in the Gulf and would not interfere directly in the situation, Israeli officials tell me.
Read in Axios: https://apple.news/
Israel throws its weight around the Middle East as Gulf states capitulate
Israel throws its weight around the Middle East as Gulf states capitulate
Read in TRT World: https://apple.news/
UK raises threat level for troops in Iraq amid tense US-Iran relations
The UK has raised the threat level for its troops and diplomats in Iraq amid heightened concern over potential attacks by Iran or its proxy forces.
Read in The Telegraph: https://apple.news/
In an Echo of the Iraq War, the U.S. and Europe Are Split on Iran
The Trump administration has applied “maximum pressure.” European leaders want “maximum restraint.”
Read in The Atlantic: https://apple.news/AyVb_
Iraq has contingency plans in case Iran gas imports halted: minister
Iraq has contingency plans for any stoppage of Iranian gas imports for its power grid but hopes no such disruption will take place, Oil Minister Thamer Ghadhban said on Thursday.
Read in Reuters: https://apple.news/
Frustrated GOP senators want answers from Trump on Iran
Frustrated Senate Republicans say the Trump administration has largely kept them in the dark about a possible military confrontation with Iran.
Read in The Hill: https://apple.news/
AFRICA
Ethiopia: The New Electronic System Replaces Cash Payment Orders
Taxpayers in the capital have started paying their taxes using an electronic payment order system, which replaces the paper-based Cash Payment Order (CPO) . The Ministry of Revenues has fully operationalised the electronic payment order from the end of March 2019 as part of its new e-tax payment system with the aim of modernising its services. Operating at all four branches of the Ministry in Addis Abeba, the new system requires taxpayers to fill out a form to order the banks to make a cash
Read in AllAfrica: https://apple.news/
Zimbabwe: Energy Minister - Zim Faces Power Blackout, Turns to Moza for Help
LOW water levels at Kariba and depressed coal supplies at Hwange Thermal Power Station, are threatening to plunge the country into darkness within the next three months, Energy Minister Joram Gumbo has said. Gumbo told journalists at a post-Cabinet briefing on Friday, that he will travel to Mozambique soon to negotiate for more supplies to avert the crisis. "The water levels at Kariba have gone very low to the extent that we may not be able to generate power by October, if we don't manage it
Read in AllAfrica: https://apple.news/
Kenya: Insights From Kenya - Why Anthrax Outbreaks Recur in the Same Areas
(Photo: National Institute of Standards and Technology/Wikimedia Commons) There's been an anthrax outbreak in Kenya's Nakuru county. But it's not the first time. Nakuru seems to be a hotspot for these outbreaks. The Conversation Africa's Moina Spooner asked Bernard Bett and John Gachohi to shed light on the reasons for this. What is anthrax and how dangerous is it to people and animals? Anthrax is a potentially fatal disease which mainly affects herbivores. Carnivores are generally more
Read in AllAfrica: https://apple.news/
Tanzania: Why China Has Become Leading Foreign Investor in Tanzania
Dar es Salaam China has leapfrogged its Western peers to become the largest foreign investor in Tanzania, thanks to the aggressiveness of its people in searching for new markets outside the world's most populous country. Eight years ago, China was sixth among countries with the largest investments in Tanzania behind the UK, the US, South Africa and Kenya. But latest figures by the Tanzania Investment Centre (TIC) show that China had moved into second place in 2012 before taking the top slot a
Read in AllAfrica: https://apple.news/
South Africa: Disputed Diamonds - Presidency Slapped With Hefty R29.9bn Claim Over Lesotho Diamonds
A diamond mining company has filed a R29.9bn claim against President Cyril Ramaphosa and his government as a near three-decade-long dispute over expropriated diamond mining rights in Lesotho reaches South African courts again. Josias van Zyl, managing director of Swissbourgh Diamond Mining, is arguing that South Africa is liable to pay him damages for, among other reasons, its "unconstitutional" and "unlawful" support in disbanding the Southern African Development Community (SADC) Tribunal at a
Read in AllAfrica: https://apple.news/AWwEO2-
ASIA
Currency Fears Drive Chinese Into Bitcoin
As Trump and Xi play a dangerous game of chicken, bitcoin surges.
Read in Forbes: https://apple.news/
Vietnam eyes U.S. avocado market after Trump spat with Mexico
Vietnam is seeking to exportavocados to the United States, the Southeast Asian country saidon Thursday, after U.S. President Donald Trump's threat to shutthe U.S.-Mexico border raised fears American consumers could seea shortage.
Read in Reuters: https://apple.news/A5-
Chinese companies moving to Vietnam keep quiet on trade war to avoid wrath of authorities and staff
Chinese state media may have launched a fierce propaganda campaign, placing the blame for the trade war squarely at the feet of the US government. But many manufacturers in China are keeping their heads below the parapet, for fear of reprisals from both…
Read in South China Morning Post: https://apple.news/
Chinese state media may have launched a fierce propaganda campaign, placing the blame for the trade war squarely at the feet of the US government. But many manufacturers in China are keeping their heads below the parapet, for fear of reprisals from both…
Read in South China Morning Post: https://apple.news/
China slams Donald Trump’s ‘false and fake’ assessment of its economic performance amid trade war tensions
China on Wednesday hit back at claims by US President Donald Trump that America had the upper hand in the trade war, with the foreign ministry accusing him of using “false information” to support his argument. Trump told reporters on the South Lawn of the…
Read in South China Morning Post: https://apple.news/Apx-
China on Wednesday hit back at claims by US President Donald Trump that America had the upper hand in the trade war, with the foreign ministry accusing him of using “false information” to support his argument. Trump told reporters on the South Lawn of the…
Read in South China Morning Post: https://apple.news/Apx-
What killed US-China trade talks: A tale of two texts
The trade talks between China and the United States collapsed because Beijing removed details outlining the obligations it was required to meet as part of reaching a deal to end the trade war, according to a former senior US official. Susan Thornton,…
Read in South China Morning Post: https://apple.news/
The trade talks between China and the United States collapsed because Beijing removed details outlining the obligations it was required to meet as part of reaching a deal to end the trade war, according to a former senior US official. Susan Thornton,…
Read in South China Morning Post: https://apple.news/
Chinese equity investors, unsure of a sustainable bull run, place wagers on defensive plays
There is a paradox in China’s world-beating stock rally this year: defensive plays are turning out to be the best performers. While Chinese stocks have technically been in bull market territory this year following a 20 per cent gain in the Shanghai…
Read in South China Morning Post: https://apple.news/
China slams U.S. move to blacklist telecom giant Huawei
China on Thursday slammed a decision by the U.S. government to put telecom equipment giant Huawei on a blacklist and said it will take steps to protect its companies, in a further test of ties as the economic heavyweights clash over trade.
Read in Reuters: https://apple.news/
EUROPE
Italian government’s China expert urges EU to make it easier for member states to deal with China
The European Union should adapt its trade policy to make it easier for member countries to conduct business with China, according to an Italian government minister. Michele Geraci, undersecretary of state at Italy’s Ministry of Economic Development, said…
Read in South China Morning Post: https://apple.news/
Brexit Brief: Make-or-break moment for May’s leadership as U.K. approaches vote on deal
Theresa May’s future as prime minister hangs in the balance as ministers have warned that, if her EU withdrawal bill is defeated again in parliament, the U.K. will face a choice: no-deal or no Brexit.
Read in MarketWatch: https://apple.news/
Theresa May agrees to set out resignation plans if her Brexit deal is defeated again
Theresa May to agree a timetable for her resignation as prime minister within weeks. Senior Conservative backbenchers say the prime minister has agreed to allow a contest to replace her once she has held a vote on a crucial piece of Brexit legislation. May is currently expected to lose the vote when it takes place at the start of June. The Prime Minister has agreed to allow a contest, whatever the result of the vote. Visit Business Insider's home page for more stories. LONDON - Theresa May has
Read in Business Insider: https://apple.news/
Theresa May to agree a timetable for her resignation as prime minister within weeks. Senior Conservative backbenchers say the prime minister has agreed to allow a contest to replace her once she has held a vote on a crucial piece of Brexit legislation. May is currently expected to lose the vote when it takes place at the start of June. The Prime Minister has agreed to allow a contest, whatever the result of the vote. Visit Business Insider's home page for more stories. LONDON - Theresa May has
Read in Business Insider: https://apple.news/
Brexit Delays Could Damage Economic Outlook Despite Blockbuster First Quarter
Though Brexit helped in posting the best first quarter manufacturing output record since 1988, the further delays regarding Brexit could create big damage to the long-term outlook of economic growth. The economic growth of 0.5% in Q1 was supported by a 2.2% increase in manufacturing output. The companies’ strategy of piling stock ahead of Brexit […] The post Brexit Delays Could Damage Economic Outlook Despite Blockbuster First Quarter appeared first on LearnBonds.
Read in Learn Bonds Financial News: https://apple.news/
Shares in UK travel agency plunge amid Brexit warning
Shares in travel agency Thomas Cook slumped 17 percent after it reported a 1.5 billion pound ($1.9 billion) half year pre-tax loss and warned Brexit uncertainty was prompting travelers to delay bookings
Read in ABC News: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI Closed on Friday and Saturday
The currency auction is
There are no news and announcements.
Rafidain launches a new meal from the predecessor of the staff through the Master Card
Release date: 18/18/2019 8:17 • 164 times read
{Baghdad: Al-Furat News} Rafidain Bank launched a new meal from the advance of employees of the State Departments, which ranged between 3 and 5 and 10 million dinars through the MasterCard card International.
The bank's information office said in a statement received by the agency {Euphrates News} a copy of it that "a new payment was paid from the predecessor of the employees of the State Department to more than 2,900 employees whose salaries were settled at the bank and got the electronic card."
The statement said that "the disbursement of this advance was through the customer's fingerprint and then notify the employee by sending a text message informing him of the advance payment, after he completed all the legal procedures to grant it and disbursement through electronic payment tools, which was filled the financial balance to it."
The statement said that "the disbursement of this advance was through the customer's fingerprint and then notify the employee by sending a text message informing him of the advance payment, after he completed all the legal procedures to grant it and disbursement through electronic payment tools, which was filled the financial balance to it."
The ISX Closed on Friday and Saturday
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
5-17-2019 Intel Guru Eagleone2025 SPECIAL SECURITY MEETING TAKEN PLACE WITH WHITE HOUSE, BANKS, MILITARY OFFICIALS TODAY, SOURCE SAID INTO THE WEEKEND. WHAT I WAS TOLD WAS ABOUT THE RELEASE.
5-17-2019 Intel Guru MarkZ ...I am beyond hopeful that today is the day we get the news...we may not get the money in our pockets yet...but will know when we will...we hope...It will be a pins and needle day today... hopefully they won't drag this out thru the weekend...everything is being put in position for a hell of a launch today? [Are banks on high alert or standby?] Yes they are… [post 2 of 2]
5-17-2019 Intel Guru MarkZ I have gotten no news from Iraq yet today. ...We are at an elevated level of alert today... A couple of, what I call, the “4 horseman” have been moved into position. I cannot share who they are until after the fact. Many others were moved into position to exchange on Monday morning. Some of the folks I know...that I had spent a lot of time with did their NDAs late last night, so I am getting pretty excited...One of my whale contacts is now under an NDA. ...Being under an NDA means they cannot give out any details …they are involved in currency stuff but that is all I can say. [post 1 of 2....stay tuned]
5-17-2019 Intel Guru MarkZ [Mark, can they RV the IQD with all that instability there now? (Pulling US dependents out of Iraq, etc.)] I believe they could still RV and this would allow stability imo…Part of Basel 3 and Basel 3 Banking rules is to remove the politics from the finances. So it would be a major test if they go even with all the instability over there. Many economists believe that region will be much more stable with a stable money.
5-17-2019 Intel Guru Bruce [via PinkRoses] So, here (is) where we are. I told you to keep an eye on things for the next couple of days on Tuesday...We had a couple of false starts where we really thought we were there even yesterday[Wednesday] ...people in the banking industry were trying to profit illegally on one of the currencies...it was officially taken care of today [Thursday]. We are in the clear as far as I know now. ...I am just going to say things are finally ready for this to be released. ...I know I am jacked up tonight [Thursday]...it could come in the morning...before lunchtime. That is the most recent concept we have for it. ...I am ready. I am ready to get started just like you guys are. ...We know the Dong is over $5.00. We know the Dinar is over $8.00...
5-17-2019 Intel Guru MarkZ I have gotten no news from Iraq yet today. ...We are at an elevated level of alert today... A couple of, what I call, the “4 horseman” have been moved into position. I cannot share who they are until after the fact. Many others were moved into position to exchange on Monday morning. Some of the folks I know...that I had spent a lot of time with did their NDAs late last night, so I am getting pretty excited...One of my whale contacts is now under an NDA. ...Being under an NDA means they cannot give out any details …they are involved in currency stuff but that is all I can say. [post 1 of 2....stay tuned]
5-17-2019 Intel Guru MarkZ [Mark, can they RV the IQD with all that instability there now? (Pulling US dependents out of Iraq, etc.)] I believe they could still RV and this would allow stability imo…Part of Basel 3 and Basel 3 Banking rules is to remove the politics from the finances. So it would be a major test if they go even with all the instability over there. Many economists believe that region will be much more stable with a stable money.
5-17-2019 Intel Guru Bruce [via PinkRoses] So, here (is) where we are. I told you to keep an eye on things for the next couple of days on Tuesday...We had a couple of false starts where we really thought we were there even yesterday[Wednesday] ...people in the banking industry were trying to profit illegally on one of the currencies...it was officially taken care of today [Thursday]. We are in the clear as far as I know now. ...I am just going to say things are finally ready for this to be released. ...I know I am jacked up tonight [Thursday]...it could come in the morning...before lunchtime. That is the most recent concept we have for it. ...I am ready. I am ready to get started just like you guys are. ...We know the Dong is over $5.00. We know the Dinar is over $8.00...
5-16-2019 Intel Guru MarkZ We are told 800 numbers are fair game from this evening to tomorrow [Friday] early in the day…We have a lot to watch for overnight tonight...The news has absolutely been fantastic throughout the day and does appear to be winding down to completion... There has been a whole lot of activity today guys. There will be no sleep tonight...
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
*************
ARTICLE 1 (from PM Mahdi's website)
At the time this report was submitted, there are no new articles posted on PM Mahdi's website.
*************
ARTICLE 2 (from Government of Iraq twitter account)
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt5-17-2019 around 9:15 am Eastern
The Diwaniyah Poultry Factory in Iraq is one of the many new successful enterprises that are serving the needs of the local market, employing Iraqis, and contributing to the economic development of Iraq. Watch this video to learn more. #InvestIraq
*************
ARTICLE 3
Parliament to resume its meetings tomorrow .. This agenda
2019/5/17 20:44
[Baghdad-where]
The House of Representatives will resume its regular sessions on Saturday. The agenda of the meeting includes a general discussion of the US attacks on the security forces and discussing the abolition of the integration of the Ministry of Environment in the Ministry of Health.
It also includes the introduction of a general topic of discussion regarding the ration card items and the environmental situation in the province of Basra.
It also includes the report of the investigative committee on the incident of the displaced women's home in Adhamiya and a report on the reality of the electrical system. "
The parliament session is due to begin at 1 pm
*************
ARTICLE 4
Iraq to resume flights to Damascus on Saturday
2019/5/17 20:36
[Baghdad-where]
Iraqi Airways announced that it will resume its flights from Baghdad to the Syrian capital Damascus on Saturday after an 8-year break.
"Iraqi Airways will launch, for the first time, its first direct flights from Baghdad to Damascus on Saturday, after an 8-year break," company spokesman Laith al-Rubaie told a news conference. He added that the company will organize a single trip from Baghdad to Damascus weekly, noting the importance of flights "given the size of the Iraqi community in Syria." The last flight took off from Baghdad International Airport to Damascus International Airport in December 2011, and was stopped after the Syrian crisis.
For its part, welcomed the Syrian Ministry of Transport, in a statement to resume the flights of Iraqi Airways.
*************
ARTICLE 5
A study that resolves the debate about the benefits of coal for teeth
BAGHDAD, May 16 (UPI) - The prevalence of coal toothpaste among consumers is growing, thanks to marketing campaigns organized by its manufacturers, promising healthy, white teeth.
Although these companies claim the many benefits of this type of toothpaste, a recent study by King's College in London, in cooperation with Manchester University, called it the fruit of "marketing tricks" and "old folklore."
The study showed that there is no evidence of the ability of coal paste to whiten the teeth more than regular pastes, in addition to the risk of exposing teeth to decay.
The name of the coal claims to be able to naturally extract toxins from the gum, as well as to remove stains, but according to the scientists who supervised the study lacks an important element of dental health, "fluoride", which plays an important role in the elimination of decay and removal of the layer "plaque." (1)
No comments:
Post a Comment