WOTS Sunday 5/12/19
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1186.0000 | 1185.0000 | 1185.0000 | | 00:00 |
| USD/VND | | | 23365.0000 | 23365.0000 | 23365.0000 | | 00:00 |
| USD/CNY | | | 6.8277 | 6.7989 | 6.8175 | | 00:00 |
| USD/KWD | | | 0.3040 | 0.3032 | 0.3037 | | 00:00 |
| GBP/USD | | | 1.3047 | 1.2991 | 1.3004 | | 00:00 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 00:00 |
| USD/IDR | | | 14495.0000 | 14119.0000 | 14342.0000 | | 00:00 |
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DC NY Iraq Articles:ddd
Kurdistan Parliament opens the door to run for the presidency of the region
12-05-2019 12:38 PM Baghdad
The Presidency of the Parliament of Kurdistan, announced on Sunday, the opening of the door to run for the presidency of the region.
According to a statement received by the "news" copy of it, "the Presidency of the Parliament of Kurdistan on the basis of the second paragraph of Article IV of the Act on the activation of the Presidency of the Kurdistan Region - Iraq and the amendment The mechanism of electing the President until the ratification of the Constitution No. (1) for the year 2019, decided to open the door to run for the post of President of the Territory.
She added that the period of candidacy three days "starting from 11 am on the morning of 12/5/2019 until 11 o'clock on the morning of 15/5/2019."
She referred to "the conditions of candidacy under Article V of the law of the Presidency of the Kurdistan Region No. (1) for the year 2005, which is:
1. The applicant shall not be less than 40 years of age during the election.
2 - To be a citizen of Kurdistan - Iraq and residing in it.
3. Enjoy all civil and political rights.
Expert warns of a Gulf-Turkish scenario to hit US forces in Iraq
13:11 - 12/05/2019
Information / Baghdad ..
Military expert warned Safa al-Osam on Sunday that the armed groups belonging to Turkey or Saudi Arabia to target US military bases in Iraq on the grounds of striking pro-Iranian parties, indicating that this process will complicate the position of Iraq and will put him in a severe embarrassment to the escalation in the region.
Al-Asam said in a statement to Al-Maaloumah that "several scenarios are presented during the Iranian-American crisis in the region, including the targeting of the US military bases in Iraq as attacks by pro-Iranian parties in Iraq ."
"The US military bases in Syria are free and can not be targeted against US bases in Iraq ," he said. "These attacks will ignite the region and will affect Iraq's security and political situation and put it in great embarrassment to the Iranian-American crisis."
"The government deal should be cautious at the moment with these scenarios to prevent the slide of Iraq in the crisis and undermine its security and international interests."
Military expert warned Safa al-Osam on Sunday that the armed groups belonging to Turkey or Saudi Arabia to target US military bases in Iraq on the grounds of striking pro-Iranian parties, indicating that this process will complicate the position of Iraq and will put him in a severe embarrassment to the escalation in the region.
Al-Asam said in a statement to Al-Maaloumah that "several scenarios are presented during the Iranian-American crisis in the region, including the targeting of the US military bases in Iraq as attacks by pro-Iranian parties in Iraq ."
"The US military bases in Syria are free and can not be targeted against US bases in Iraq ," he said. "These attacks will ignite the region and will affect Iraq's security and political situation and put it in great embarrassment to the Iranian-American crisis."
"The government deal should be cautious at the moment with these scenarios to prevent the slide of Iraq in the crisis and undermine its security and international interests."
Mr. Ammar Al-Hakim shows the most important conditions for selecting candidates in positions of responsibility
Editorial date: 2019/5/12 12:03 • 94 times read
(Baghdad: al-Furt News) The head of the Alliance for Reform and Reconstruction, Mr. Ammar al-Hakim, the most important conditions for the selection of candidates for positions of responsibility in the state.
Mr. Ammar al-Hakim pointed out in a series of lectures on the interpretation of the reign of Imam Ali, who said: "Then look at the affairs of your servants." Then he used them as a test and did not give them favoritism and abundance. They were a group of people of injustice and treachery. Officials in the state. "
He explained that this mechanism "is to be the test before the selection, and their examination to identify the extent of competence and qualifications to fill the site, and that the choice is not based on tribal or political bias or partisan or emotional or other bias."
He pointed to "the lack of choice through the tyranny of opinion and away from the advice of others with experience and competence, and the selection by favoritism or tyranny of opinion injustice to the competent and betrayal of the Secretariat and responsibility."
He explained that this mechanism "is to be the test before the selection, and their examination to identify the extent of competence and qualifications to fill the site, and that the choice is not based on tribal or political bias or partisan or emotional or other bias."
He pointed to "the lack of choice through the tyranny of opinion and away from the advice of others with experience and competence, and the selection by favoritism or tyranny of opinion injustice to the competent and betrayal of the Secretariat and responsibility."
URGENT The Office of the Speaker of the House of Representatives clarifies the case of Abdul Mahdi Ali Halbusi
Editorial date:: 2019/5/12 11:04 • 354 times read
(Baghdad: Al Furat News) The Office of the Speaker of the House of Representatives, the lawsuit filed by the Prime Minister, Adel Abdul Mahdi, the President of the House of Representatives Mohamed Halbusi.
The spokesman for the Speaker of the House of Representatives in a statement received by the agency {Euphrates News} a copy of it, "The transfer of the media and social communication on the lawsuit established by the Prime Minister to the Speaker of the House of Representatives on the law of the Independent High Commission for Human Rights is a natural context and not suit For personal rivalry between them, but is a lawsuit against the President of the House of Representatives in addition to his function is known as the law {Morality}. "
The prime minister, Adel Abdul Mahdi, filed a lawsuit against the Speaker of the House of Representatives, Mohamed Halboussi.
The documents obtained by the agency {Euphrates News} a copy of them on Saturday, that Abdul-Mahdi filed a lawsuit in the Federal Supreme Court against Halbusi, "the legislation of the House of Representatives Law of the Independent High Commission for Human Rights No. 35 of 2008 in violation of the provisions of the Constitution and what is settled by the Court And without asking the government and asking them. "
The complaint pointed out that "these irregularities" in the validity of the House of Representatives legislation of the laws and the financial viability without reference to the government and the determination of the supervisory authority on independent bodies, including the Office of Human Rights.
The lawsuit also included a statement of the government's authority to nominate and appoint members of the Commission on Human Rights and to violate the conditions of candidature for the membership of the Commission for the provisions of the Constitution and the granting of bonuses and privileges and conditions of grant and the consequent financial burdens and other violations.
The prime minister, Adel Abdul Mahdi, filed a lawsuit against the Speaker of the House of Representatives, Mohamed Halboussi.
The documents obtained by the agency {Euphrates News} a copy of them on Saturday, that Abdul-Mahdi filed a lawsuit in the Federal Supreme Court against Halbusi, "the legislation of the House of Representatives Law of the Independent High Commission for Human Rights No. 35 of 2008 in violation of the provisions of the Constitution and what is settled by the Court And without asking the government and asking them. "
The complaint pointed out that "these irregularities" in the validity of the House of Representatives legislation of the laws and the financial viability without reference to the government and the determination of the supervisory authority on independent bodies, including the Office of Human Rights.
The lawsuit also included a statement of the government's authority to nominate and appoint members of the Commission on Human Rights and to violate the conditions of candidature for the membership of the Commission for the provisions of the Constitution and the granting of bonuses and privileges and conditions of grant and the consequent financial burdens and other violations.
Opening the candidacy for the post of President of the Territory and determining its conditions
(Baghdad: Al-Furat News) The Presidency of the Parliament of the Kurdistan region, announced on Sunday, open the door to run for the post of President of the Territory.
"The Presidency of the Parliament of Kurdistan, based on the second paragraph of Article IV of the Act on the activation of the Presidency of the Kurdistan Region - Iraq and amend the mechanism of electing the President until the ratification of the Constitution No. 1 of the year 2019, decided to open the door to run for the post of President of the Territory.
She added that the period of candidacy three days "starting from 11 am on the morning of 12/5/2019 until 11 o'clock on the morning of 15/5/2019."
And referred to the conditions of candidacy under Article V of the law of the Presidency of the Kurdistan Region No. 1 of 2005 Amended:
1. The applicant shall not be less than 40 years of age during the election.
2 - To be a citizen of Kurdistan - Iraq and residing in it.
3. Enjoy all civil and political rights.
On May 8, the Parliament of Kurdistan approved the draft law "Activating the Presidency of the Kurdistan Region and amending the method of electing the President of the Territory until the adoption of the Constitution of the Territory" by 89 votes, after reaching a prior agreement between the Kurdistan Democratic Party and the Patriotic Union of Kurdistan to include the demands of the latter in the bill that was voted on him.
Two days after the nomination is closed, the names of the candidates are announced.
After the election of the President of the Territory, the Democratic Party nominates the nominee for the post of Prime Minister, pleased Barzani, to the Presidency of Parliament, for the President of the Territory then commissioned him to form a government within 30 days.
The current Prime Minister of Kurdistan, Nechirvan Barzani, is the candidate of the Kurdistan Democratic Party - the leading results of the parliamentary elections held on 30 September last year with 45 seats - to the presidency of the region.
She added that the period of candidacy three days "starting from 11 am on the morning of 12/5/2019 until 11 o'clock on the morning of 15/5/2019."
And referred to the conditions of candidacy under Article V of the law of the Presidency of the Kurdistan Region No. 1 of 2005 Amended:
1. The applicant shall not be less than 40 years of age during the election.
2 - To be a citizen of Kurdistan - Iraq and residing in it.
3. Enjoy all civil and political rights.
On May 8, the Parliament of Kurdistan approved the draft law "Activating the Presidency of the Kurdistan Region and amending the method of electing the President of the Territory until the adoption of the Constitution of the Territory" by 89 votes, after reaching a prior agreement between the Kurdistan Democratic Party and the Patriotic Union of Kurdistan to include the demands of the latter in the bill that was voted on him.
Two days after the nomination is closed, the names of the candidates are announced.
After the election of the President of the Territory, the Democratic Party nominates the nominee for the post of Prime Minister, pleased Barzani, to the Presidency of Parliament, for the President of the Territory then commissioned him to form a government within 30 days.
The current Prime Minister of Kurdistan, Nechirvan Barzani, is the candidate of the Kurdistan Democratic Party - the leading results of the parliamentary elections held on 30 September last year with 45 seats - to the presidency of the region.
The Foreign Minister received his Iraqi counterpart upon his arrival in the country on an official visit
Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khalid received in Kuwait on Saturday an official visit to Kuwait to take part in the seventh session of the Kuwaiti-Iraqi Higher Committee, which was hosted by the country yesterday and today.
The Deputy Minister of Foreign Affairs, Ambassador Khalid Al-Jarallah, Assistant Foreign Minister for the Office of the Deputy Prime Minister and Minister of Foreign Affairs, Ambassador Dr. Ahmad Nasser Al-Mohammad, Assistant Foreign Minister for Protocol Affairs, Ambassador Dhari Al-Ajran, and the Ambassador of the State of Kuwait to the Republic of Iraq Salim And Assistant Foreign Minister for Protocol Affairs, Counselor Abdulmohsen Al-Zaid and a number of senior officials of the Ministry of Foreign Affairs
Kauaihn Iraq Articles:ddd
Washington fears Iraqi factions loyal to Iran
On Sunday, the security adviser of the European Center for Counterterrorism, Emad Allou, revealed that there was fear of the United States of America over its interests in Iraq after the recent Iranian threats. He said Washington was working to monitor Iraqi armed factions loyal to Iran.
"The United States is concerned about its interests in Iraq after the recent Iranian threats and the military escalation between the two sides," Allou told the news agency.
"Washington is working to control the Iraqi armed factions loyal to Iran and pressure Baghdad to contain those factions and keep them away from the crisis," he said.
"The Iraqi government is also seeking to end any mutual threat, whether Iranian or American, in Iraq to prevent Baghdad from sliding into any conflict between the two sides," he said.
Kuwait reveals the signing of five documents with Iraq today
Editorial date: 2019/5/12 9:52 • 503 times read
(Baghdad: Al-Furat News) Kuwaiti Deputy Foreign Minister Khalid Al-Jarallah said that there is an Iraqi-Iraqi consensus to resolve many outstanding issues in the context of the distinguished bilateral relations between the two countries.
Al-Jarallah told Kuwait News Agency (KUNA) after the opening of the seventh ministerial meeting of the Kuwaiti-Iraqi Joint Committee, looking forward to signing the Kuwaiti and Iraqi delegations on a number of agreements on Sunday morning, which will contribute to strengthening and developing bilateral relations.
He added that another round of bilateral talks will be chaired by Sabah al-Khalid al-Hamad al-Sabah, Deputy Prime Minister and Foreign Minister of Kuwait and Iraqi Foreign Minister Mohammed al-Hakim. He expressed his great confidence in contributing to further cooperation and developing the future of the strategic partnership between the two countries.
He revealed five documents to be signed by the representatives of the two countries in addition to an agreed record between the two sides covering all aspects of cooperation with a view to building on what was achieved in previous meetings.
Al-Jarallah expressed his satisfaction with the positive atmosphere that prevailed in the meetings and the cooperation shown by the Iraqi delegation on the topics discussed in the joint task forces, in addition to the achievements achieved through the joint task forces.
He stressed that the meeting comes in precise and critical conditions in the region and it is therefore important and necessary to extend bridges of communication with the brothers to strengthen and strengthen relations between the two countries.
He added that another round of bilateral talks will be chaired by Sabah al-Khalid al-Hamad al-Sabah, Deputy Prime Minister and Foreign Minister of Kuwait and Iraqi Foreign Minister Mohammed al-Hakim. He expressed his great confidence in contributing to further cooperation and developing the future of the strategic partnership between the two countries.
He revealed five documents to be signed by the representatives of the two countries in addition to an agreed record between the two sides covering all aspects of cooperation with a view to building on what was achieved in previous meetings.
Al-Jarallah expressed his satisfaction with the positive atmosphere that prevailed in the meetings and the cooperation shown by the Iraqi delegation on the topics discussed in the joint task forces, in addition to the achievements achieved through the joint task forces.
He stressed that the meeting comes in precise and critical conditions in the region and it is therefore important and necessary to extend bridges of communication with the brothers to strengthen and strengthen relations between the two countries.
Hakim: We are still working with the former regime's legislation and corruption is worsening
2019/5/12 0:01
[Baghdad-where]
Said the head of the Coalition for Reform and Reconstruction, Mr. Ammar al-Hakim, that the Iraqi state is still working under the legislation of the former regime, "stressing that" the phenomenon of corruption is still worsening.
"Any reform process without a clear vision can not be productive," said Mr. Ammar al-Hakim, during a meeting held by the Rafidain Center for Dialogue on Political Reform and the Challenges Facing it. "Political reform and the development of the political system must be commensurate with the scale of developments and developments, .
"Although we have presented a constitution that defines a new philosophy, the legislation is the same as the previous regime's legislation, and it has to be reviewed and amended in line with our new reality."
"Reform must be characterized by seriousness, radicalism, inclusiveness, gradualism, continuity and specialization," pointing out "the need to stir enthusiasm in society towards real reform, not slogans, and building a political and social alliance that bears responsibility for reform."
"It is also necessary to develop a strategic vision for reform and the transfer of the reform vision of society and provide quick gains to reassure citizens."
He also stressed the importance of reviewing the structure of the state and building new institutions consistent with the steps of reform, and that the rigid view of the mentality of the administrative system in the country needs to seriously review to achieve a real administrative revolution.
He pointed out that "the real criterion for the success of the service program provided by the government is the impression of popular and elitist about the implementation of this program."
"It is important to convince the people that there is a clear and concrete plan to fight corruption by effectively addressing the corruption phenomena that are constantly worsening," he stressed.
"Although we have presented a constitution that defines a new philosophy, the legislation is the same as the previous regime's legislation, and it has to be reviewed and amended in line with our new reality."
"Reform must be characterized by seriousness, radicalism, inclusiveness, gradualism, continuity and specialization," pointing out "the need to stir enthusiasm in society towards real reform, not slogans, and building a political and social alliance that bears responsibility for reform."
"It is also necessary to develop a strategic vision for reform and the transfer of the reform vision of society and provide quick gains to reassure citizens."
He also stressed the importance of reviewing the structure of the state and building new institutions consistent with the steps of reform, and that the rigid view of the mentality of the administrative system in the country needs to seriously review to achieve a real administrative revolution.
He pointed out that "the real criterion for the success of the service program provided by the government is the impression of popular and elitist about the implementation of this program."
"It is important to convince the people that there is a clear and concrete plan to fight corruption by effectively addressing the corruption phenomena that are constantly worsening," he stressed.
Home » Politics » Muqtada al-Sadr calls for social solidarity and help the needy.
The law responds to news of Maliki's exclusion of 25,000 people from accountability procedures
Date of release:: 2019/5/12 12:17 • 66 times read
(Baghdad: Al-Furat News) The media office of the coalition of state law, led by Nuri al-Maliki, "categorically denied the statements of one of the deputies from the statements of one of the satellite channels about the Maliki government except for 25 thousand covered by the procedures of accountability and justice (De-Baathification previously)."
A statement of the office received the agency {Euphrates News} a copy of it that "these statements are inaccurate and credible, and are not deviations from the purpose of misleading public opinion, because all the exceptions previously issued were only through the Supreme National Commission for de-Baathification, which was formed in 2003, and after The issuance of the law of the Supreme National Commission for Accountability and Justice No. 10 of 2008 became the mechanism of exception, under Article 12 of the law requires the approval of the Council of Ministers and in coordination with the accountability and justice and the decision is valid only with the approval of the House of Representatives.
"On this occasion we refer to the positions of Maliki and a coalition of state law in support of legislation to criminalize the Baath Party in parliament and refused to return the Baath to political life, taking advantage of the issuance of those positions of a deputy in the legislative authority is supposed to rely credibility in what is raised or authorized.
The statement called "the accountability and justice body to state its position on the allegations made and the abuses suffered by it, in order to prevent confusion of papers and clarify the facts in front of public opinion.
"On this occasion we refer to the positions of Maliki and a coalition of state law in support of legislation to criminalize the Baath Party in parliament and refused to return the Baath to political life, taking advantage of the issuance of those positions of a deputy in the legislative authority is supposed to rely credibility in what is raised or authorized.
The statement called "the accountability and justice body to state its position on the allegations made and the abuses suffered by it, in order to prevent confusion of papers and clarify the facts in front of public opinion.
The Foreign Minister received his Iraqi counterpart upon his arrival in the country on an official visit
Deputy Prime Minister and Foreign Minister Sheikh Sabah Al-Khalid received in Kuwait on Saturday an official visit to Kuwait to take part in the seventh session of the Kuwaiti-Iraqi Higher Committee, which was hosted by the country yesterday and today.
The Deputy Minister of Foreign Affairs, Ambassador Khalid Al-Jarallah, Assistant Foreign Minister for the Office of the Deputy Prime Minister and Minister of Foreign Affairs, Ambassador Dr. Ahmad Nasser Al-Mohammad, Assistant Foreign Minister for Protocol Affairs, Ambassador Dhari Al-Ajran, and the Ambassador of the State of Kuwait to the Republic of Iraq Salim And Assistant Foreign Minister for Protocol Affairs, Counselor Abdulmohsen Al-Zaid and a number of senior officials of the Ministry of Foreign Affairs"
Prince Azza, the Iraqi president of the victims of the suicide bombing in Sadr City: a terrible act of terrorism
His Highness the Amir Sheikh Sabah Al-Ahmad sent a cable of condolences to President Barham Salih, President of the Republic of Iraq, in which he expressed his sincere condolences and condolences to him and the families of the victims of the suicide bombing in Sadr City, east of Baghdad. He also called on Kuwait to stand by the brotherly country and support all that it takes to protect its security and stability, asking His Highness 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. Brother of all hated.
His Highness the Crown Prince Sheikh Nawaf Al-Ahmad sent a cable of condolences to his brother Barham Salih, President of the Republic of Iraq, in which he expressed his sincere condolences and condolences to the victims of the suicide bombing in Sadr City, east of Baghdad. Quick healing and wellness. His Highness the Prime Minister Sheikh Jaber Al-Mubarak also sent a similar cable of condolences
Kauaihn Economic Times:
Digital Challenger Bank Founders Bank Hires Former Senior Deutsche Bank Exec as CEO
The Founders Bank has appointed Kenan Altunis as Chief Executive Officer. Altunis was most recently Global Co-Head of the Institutional Client Group within Deutsche Bank’s Corporate and Investment Bank where he was responsible for a multibillion-dollar revenue operation and a team of over 1000 people.... Read More The post Digital Challenger Bank Founders Bank Hires Former Senior Deutsche Bank Exec as CEO appeared first on Crowdfund Insider.
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EU banks call for rethink of capital markets project
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Hong Kong’s internet banking pioneer says it will stay above the fray in city’s rush to embrace virtual banking
Citigroup, which pioneered internet banking in 1998 in Hong Kong, said its Citibank retail banking unit will remain above the fray in the financial services industry’s rush to get virtual banking licenses in the city. “We can offer all types of online…
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I've opened up to 4 credit cards in the same day thanks to a loophole that lets you score multiple massive welcome bonuses in the same 24 hours
izusek/Getty Images If you have a good handle on your finances and credit, there could be situations - specifically, if you're trying to get as many rewards points as possible - where it makes sense to get more than one credit card in a day - but only if you're a responsible credit card user with good credit. When you open a credit card, the issuer runs a "hard" credit inquiry to see your credit activity. If you open multiple cards in the same day, however, the applications can't see each other
Read in Business Insider: https://apple.news/
Treasury yields slip after consumer inflation report, intensifying U.S.-China trade spat
Treasury prices rise Friday, nudging yields lower, as a reading consumer inflation appeared to support buying of government paper, already drawing bids as the Trump administration imposed higher tariffs on $200 billion in Chinese goods, with Beijing promising retaliation.
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'Trade deal trauma' sees investors pull $20 billion from stocks in a week
Investors pulled more than $20.5 billion from global equities in the past week, showing the impact of trade tensions between the U.S. and China on confidence in financial markets.
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Stocks - Wall Street Ends Higher Amid Trade Confusion
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Here's How to Invest in the Cryptocurrency Trading Services Boom
Bitcoin and Cryptocurrency is surging once again, just as everyone else ignored it, but there's more than one way to get in on it.
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Bitcoin smashes the $6000 mark to gain highest value since November
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Fidelity will stick to top cryptos like Bitcoin or XRP, says Morgan Creek's Anthony Pompliano
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What's Holding Back Bitcoin in Venezuela? This Group Is Investigating
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Yet another cryptocurrency exchange is shutting shop in India
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Statins may hold key to stopping multiple sclerosis, say UCL scientists
Statins may hold the answer to slowing the deterioration of patients with multiple sclerosis (MS), scientists have said.
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More than 700 cases of mumps in the US this year, CDC says
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How It Feels To Have Anxiety And Depression At The Same Time
Depression and anxiety each have their own sets of symptoms and challenges.And as if living with one of the conditions isn't frustrating enough, researchalso shows that it's not unusual to experience the two of them simultaneously."Unfortunately, having both anxiety and depression together is not an uncommonthing ― nearly half of those diagnosed with one are also diagnosed with theother," said Chad Perman, a licensed marriage and family therapist inBellevue, Washington.Both mental health ...
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Questions raised about the safety of generic drugs made overseas
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How Was the Chickenpox Vaccine Created? Teenager Who Refused Vaccine for Religious Reasons Gets the Chickenpox
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U.S. Retail Inflation Inches Up in April
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MIDDLE EAST
Israel lifts restriction on Gaza fishing zone as truce holds
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Saudi sovereign fund invests indirectly in Arabian Centres IPO -sources
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Oil Climbs Even After U.S. Tariff Hike As Supply Outlook Tight
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Dark winter ahead as Zimbabwe readies for load-shedding
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Zimbabwe: Drugs Cartel Holds Zim to Ransom
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Zimbabwe: When Tragedies Occur in Zimbabwe, Its Citizens Who Open Up Their Wallets
(Photo: Highlands Presbyterian Church) Rather than relying on traditional aid donors when disaster strikes, individual Zimbabweans have been stepping up to the plate, says Ray Mwareya. When Cyclone Idai pummelled the east of Zimbabwe in March 2019, gobbling up more than 500 people, the people of the country rose to the occasion and raised US$100 000. This is Zimbabwe's biggest citizen-led humanitarian aid round-up. And it was done from 8 000 miles away, in Ohio, USA. These are the new
Read in AllAfrica: https://apple.news/A-
Prospects for trade deal suddenly darken as China looks for a way to save face
The trade war is escalating at a particularly sensitive time in the Chinese political calendar.
Read in The Washington Post: https://apple.news/AHY-
U.S. slaps higher tariffs on Chinese imports while Beijing vows retaliation
The U.S. increased tariffs on $200 billion of Chinese goods to 25% Friday as President Trump ratcheted up pressure on Beijing and threatened to impose additional levies on virtually everything China exports to the U.S.
Read in The Wall Street Journal: https://apple.news/
The Latest: Chinese envoy says trade talks didn't break down
Chinese Vice Premier Liu He says trade talks with the United States have not broken down
Read in ABC News: https://apple.news/AMr6_
Brexit: France warns UK it will not accept 'repeated' Article 50 delays after 31 October
France has warned that it will not accept “repeated” extensions of the Brexit deadline beyond 31 October, amid deadlock in the UK over the deal negotiated by Theresa May.
Read in The Independent: https://apple.news/
Brexit Brief: Conservatives brace for heavy blow at European elections
Support for the Conservative party has plummeted ahead of the European elections, recent polls suggest
Read in MarketWatch: https://apple.news/
Tusk sees chances of UK remaining in EU at 20-30%: daily
European Council President Donald Tusk said he sees the chances of Britain staying in the European Union after all at 20-30% as Britons had begun a genuine debate whether to leave or to remain only after their 2016 Brexit referendum.
Read in Reuters: https://apple.news/
After Trump hikes China tariffs, Europe girds for battle over cars
After raising tariffs on $200 billion of Chinese imports on Friday, U.S. President Donald Trump could turn the heat up on Europe as soon as next week when he is due to make a decision about its cars.
Read in Reuters: https://apple.news/Arr_
ECONOMIC TIMES / CHATTER
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Oil Prices Hold On to Gains Despite Tariff Increase
Commodities May 10, 2019 11:41 GMT Investing.com - Oil prices rose on Friday, looking past the increase in U.S. tariffs on Chinese goods during a volatile week for crude. New York-traded West Texas Intermediate crude futures gained 33 cents, or 0.5%, at $62.03 a barrel by 7:33 AM ET (11:33 GMT), while Brent crude futures, the benchmark for oil prices outside the U.S., traded up 56 cents, or 0.8%, to $70.95. U.S. crude has seen a volatile week as investors weighed the chances of the U.S. and
Read in Investing.com: https://apple.news/
GLOBAL/NEWS/INFO
Gold up After Trump Tariff Blow on China; $1300 Still a Barrier
Commodities May 10, 2019 18:52 GMT By Barani Krishnan Investing.com - President Donald Trump may have delivered the blow he promised China on new trade tariffs, but don’t expect gold prices to take off like a rocket beyond $1,300 because of that. While gold could certainly benefit if the U.S.-China trade angst leads to a further battering of equities, the yellow metal’s mixed technicals and fundamentals mean that its reach as a safe-haven will be limited. Gold futures for June delivery, traded
Read in Investing.com: https://apple.news/
Commodities May 10, 2019 18:52 GMT By Barani Krishnan Investing.com - President Donald Trump may have delivered the blow he promised China on new trade tariffs, but don’t expect gold prices to take off like a rocket beyond $1,300 because of that. While gold could certainly benefit if the U.S.-China trade angst leads to a further battering of equities, the yellow metal’s mixed technicals and fundamentals mean that its reach as a safe-haven will be limited. Gold futures for June delivery, traded
Read in Investing.com: https://apple.news/
Oil Rebounds on Supply Squeeze; Looks Beyond China Tariffs
Commodities May 10, 2019 16:45 GMT By Barani Krishnan Investing.com - President DonaldTrump has made good on his threat to hit China with higher import tariffs but crude prices are holding well because of another Trump policy that’s working just as well with the Chinese: sanctions on Iranian oil. Reports that China Petrochemical and China National Petroleum, both top state-owned refiners, were skipping Iranian oil purchases for loading in May to avoid U.S. penalties helped U.S. crude futures to
Read in Investing.com: https://apple.news/
Commodities May 10, 2019 16:45 GMT By Barani Krishnan Investing.com - President DonaldTrump has made good on his threat to hit China with higher import tariffs but crude prices are holding well because of another Trump policy that’s working just as well with the Chinese: sanctions on Iranian oil. Reports that China Petrochemical and China National Petroleum, both top state-owned refiners, were skipping Iranian oil purchases for loading in May to avoid U.S. penalties helped U.S. crude futures to
Read in Investing.com: https://apple.news/
Oil Prices Hold On to Gains Despite Tariff Increase
Commodities May 10, 2019 11:41 GMT Investing.com - Oil prices rose on Friday, looking past the increase in U.S. tariffs on Chinese goods during a volatile week for crude. New York-traded West Texas Intermediate crude futures gained 33 cents, or 0.5%, at $62.03 a barrel by 7:33 AM ET (11:33 GMT), while Brent crude futures, the benchmark for oil prices outside the U.S., traded up 56 cents, or 0.8%, to $70.95. U.S. crude has seen a volatile week as investors weighed the chances of the U.S. and
Read in Investing.com: https://apple.news/
BANKS/BANKING/CREDIT
Digital Challenger Bank Founders Bank Hires Former Senior Deutsche Bank Exec as CEO
The Founders Bank has appointed Kenan Altunis as Chief Executive Officer. Altunis was most recently Global Co-Head of the Institutional Client Group within Deutsche Bank’s Corporate and Investment Bank where he was responsible for a multibillion-dollar revenue operation and a team of over 1000 people.... Read More The post Digital Challenger Bank Founders Bank Hires Former Senior Deutsche Bank Exec as CEO appeared first on Crowdfund Insider.
Read in Crowdfund Insider: https://apple.news/
EU banks call for rethink of capital markets project
The European Union's efforts to create a capital market to rival the United States have made little headway and the project needs a new push to remove barriers that hamper progress, bankers said on Friday.
Read in Reuters: https://apple.news/AsP3_
Hong Kong’s internet banking pioneer says it will stay above the fray in city’s rush to embrace virtual banking
Citigroup, which pioneered internet banking in 1998 in Hong Kong, said its Citibank retail banking unit will remain above the fray in the financial services industry’s rush to get virtual banking licenses in the city. “We can offer all types of online…
Read in South China Morning Post: https://apple.news/
China central bank says no need for easing after tariff hike
The People’s Bank of China (PBOC) indicated on Friday that it saw no reason to undertake a major easing of monetary policy as a result of the increase in US tariffs on Chinese imports. Instead, the central bank gave an optimistic interpretation of April…
Read in South China Morning Post: https://apple.news/
The People’s Bank of China (PBOC) indicated on Friday that it saw no reason to undertake a major easing of monetary policy as a result of the increase in US tariffs on Chinese imports. Instead, the central bank gave an optimistic interpretation of April…
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I've opened up to 4 credit cards in the same day thanks to a loophole that lets you score multiple massive welcome bonuses in the same 24 hours
izusek/Getty Images If you have a good handle on your finances and credit, there could be situations - specifically, if you're trying to get as many rewards points as possible - where it makes sense to get more than one credit card in a day - but only if you're a responsible credit card user with good credit. When you open a credit card, the issuer runs a "hard" credit inquiry to see your credit activity. If you open multiple cards in the same day, however, the applications can't see each other
Read in Business Insider: https://apple.news/
TREASURIES/BONDS/STOCKS
Treasury yields slip after consumer inflation report, intensifying U.S.-China trade spat
Treasury prices rise Friday, nudging yields lower, as a reading consumer inflation appeared to support buying of government paper, already drawing bids as the Trump administration imposed higher tariffs on $200 billion in Chinese goods, with Beijing promising retaliation.
Read in MarketWatch: https://apple.news/
'Trade deal trauma' sees investors pull $20 billion from stocks in a week
Investors pulled more than $20.5 billion from global equities in the past week, showing the impact of trade tensions between the U.S. and China on confidence in financial markets.
Read in CNBC: https://apple.news/
It's time for markets to end their illusions about a US-China trade deal
What markets have misunderstood since the negotiations resumed last December is that the talks had become just one of many events of a new era of geopolitical and systemic competition that will define our times, writes Atlantic Council CEO Fred Kempe.
Read in CNBC: https://apple.news/
What markets have misunderstood since the negotiations resumed last December is that the talks had become just one of many events of a new era of geopolitical and systemic competition that will define our times, writes Atlantic Council CEO Fred Kempe.
Read in CNBC: https://apple.news/
Stocks - Wall Street Ends Higher Amid Trade Confusion
Stock Markets May 10, 2019 19:55 GMT Investing.com – Stocks ended higher Friday, despite uncertainty over trade after U.S. Treasury Secretary Steven Mnuchin said there were no further trade talks planned between the U.S. and China as of yet. The Dow Jones Industrial Average rose 0.44%, the S&P 500 gained 0.37%, while the Nasdaq Composite added 0.08%. Mnuchin’s somewhat sobering message on trade arrived on heels of a positive remarks from President Donald Trump that trade talks would continue
Read in Investing.com: https://apple.news/
CRYPTO'S / DIGITAL CURRENCY
Here's How to Invest in the Cryptocurrency Trading Services Boom
Bitcoin and Cryptocurrency is surging once again, just as everyone else ignored it, but there's more than one way to get in on it.
Read in InvestorPlace: https://apple.news/
Bitcoin smashes the $6000 mark to gain highest value since November
Bitcoin has broken the $6000 mark, and the market is showing a mixed rally as a result. Using data from Coin360, we can see that Bitcoin, Litecoin, and Ethereum are in the green, while Ripple, EOS, and Tron are in the red. Bitcoin price Looking at Bitcoin over the past week, we can see that the token was holding between $5700 and $5800 last weekend before dipping slightly to see a weekly low of $5645.47. Now, the token has broken through the $6000 barrier for the first time since November last
Read in Coin Insider.: https://apple.news/A_-
Fidelity will stick to top cryptos like Bitcoin or XRP, says Morgan Creek's Anthony Pompliano
The sudden movement in Bitcoin prices has added fuel to the cryptocurrency market's excitement, with many in the space speculating that the bear market may have finally come to an end. In the latest Crypto Trader episode, Ran NeuNer sat down with Frank Chaparro, Senior Correspondent at The Block and Anthony Pompliano, Founder of Morgan...
Read in AMBCrypto: https://apple.news/
What's Holding Back Bitcoin in Venezuela? This Group Is Investigating
The Open Money Initiative is bringing insights from Venezuela to help crypto startups make better tools for people in distressed economies.
Read in CoinDesk: https://apple.news/
Yet another cryptocurrency exchange is shutting shop in India
Another Indian cryptocurrency exchange is downing its shutters. Coinome, backed by the online payment gateway Billdesk, announced yesterday (May 09) that it will be halting operations from May 15. However, it remains unclear if the company plans to exit the Indian market completely or has only temporarily shut shop. Recent regulatory changes introduced by the...
Read in Quartz: https://apple.news/
CURRENCIES
U.S. dollar weakens and heads for 4th straight slide as higher China tariffs kick in
The U.S. dollar was mostly unchanged to begin Friday, hours after the U.S. officially increased tariffs on $200 billion worth of Chinese goods.
Read in MarketWatch: https://apple.news/
Pound US dollar exchange rate: GBP rangebounda despite impressive UK growth
THE pound US dollar exchange rate is currently trading at $1.301, virtually unchanged from this morning’s opening rate and leaving the pairing close to a one-week low. The pound is still stuck trading in a narrow range against the US dollar and the majority of its other peers despite a slew of positive UK data, which included a robust GDP report. According to data published by the Office for National Statistics , UK GDP leapt from 0.2 per cent to 0.5 per cent in the first quarter of 2019. On top
Read in Express: https://apple.news/AjVSMEy-
Accepting ‘responsibilty’: Australia issues $1.6 billion in bank notes with typo
Granted, the mistakes weren't too easy to spot.
Read in The Washington Post: https://apple.news/
AUD/USD And NZD/USD Could Rebound Further | Action Forex
AUD/USD found a strong support near the 0.6960 level and recovered recently. NZD/USD is trading nicely and it could recover towards the 0.6650 level in the near term. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar remained well supported above 0.6960 and recently bounced back against the US Dollar. There was a break above […] The post AUD/USD And NZD/USD Could Rebound Further appeared first on Action Forex.
Read in Action Forex: https://apple.news/
Stocks Fall Fourth Day, Yen Gains on Trade Angst: Markets Wrap
All you need to know about what’s moving markets today.
Read in Bloomberg: https://apple.news/
Corporate currency hedging slows as FX volatility slumps
The striking calm in foreign exchange markets in recent months has led some U.S. multinational companies to scale back on guarding against currency gyrations, potentially leaving them vulnerable if volatility rebounds from near five-year lows.
Read in Reuters: https://apple.news/
U.S. dollar weakens and heads for 4th straight slide as higher China tariffs kick in
The U.S. dollar was mostly unchanged to begin Friday, hours after the U.S. officially increased tariffs on $200 billion worth of Chinese goods.
Read in MarketWatch: https://apple.news/
Forex - Dollar Flat as U.S. Inflation Remains Sluggish
Stock Markets May 10, 2019 19:29 GMT Investing.com – The U.S. dollar was flat against its rivals on Friday as weaker-than-expected inflation reaffirmed expectations that the Federal Reserve is likely to remain on pause. The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, fell by 0.04% to 97.12. The Labor Department said on Friday its Consumer Price index slowed to 0.3% last month after edging up 0.4% in March. "With productivity turning
Read in Investing.com: https://apple.news/
Stock Markets May 10, 2019 19:29 GMT Investing.com – The U.S. dollar was flat against its rivals on Friday as weaker-than-expected inflation reaffirmed expectations that the Federal Reserve is likely to remain on pause. The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, fell by 0.04% to 97.12. The Labor Department said on Friday its Consumer Price index slowed to 0.3% last month after edging up 0.4% in March. "With productivity turning
Read in Investing.com: https://apple.news/
Forex - Dollar Dips on Profit-Taking as Tariffs Come Into Force
Forex May 10, 2019 07:03 GMT Investing.com -- The dollar is broadly lower in early trading in Europe on Friday as markets ‘sell the fact’ of higher U.S. tariffs on China, after ‘buying the rumor’ all week. As of Friday, tariffs on $200 billion worth of Chinese imports into the U.S. will be raised to 25% from 10%, and President Donald Trump said he had ordered the preparation of new tariffs on a further $325 billion worth of goods. If they, too, come into force, that will mean nearly all of the
Read in Investing.com: https://apple.news/An_
Forex May 10, 2019 07:03 GMT Investing.com -- The dollar is broadly lower in early trading in Europe on Friday as markets ‘sell the fact’ of higher U.S. tariffs on China, after ‘buying the rumor’ all week. As of Friday, tariffs on $200 billion worth of Chinese imports into the U.S. will be raised to 25% from 10%, and President Donald Trump said he had ordered the preparation of new tariffs on a further $325 billion worth of goods. If they, too, come into force, that will mean nearly all of the
Read in Investing.com: https://apple.news/An_
Pound US dollar exchange rate: GBP rangebounda despite impressive UK growth
THE pound US dollar exchange rate is currently trading at $1.301, virtually unchanged from this morning’s opening rate and leaving the pairing close to a one-week low. The pound is still stuck trading in a narrow range against the US dollar and the majority of its other peers despite a slew of positive UK data, which included a robust GDP report. According to data published by the Office for National Statistics , UK GDP leapt from 0.2 per cent to 0.5 per cent in the first quarter of 2019. On top
Read in Express: https://apple.news/AjVSMEy-
Pound euro exchange rate: GBP traders take no notice as UK economy rebounds
THE pound remains muted against the euro and the pairing is currently trading at around €1.158. Data released earlier revealed that the UK economy picked up the pace in the first quarter, with GDP rising by 0.5 per cent in the first three months of 2019. This means that on an annualised basis, preliminary UK GDP rose by 1.8 per cent year-on-year. Pouring cold water on the results however, the Office for National Statistics said the rise was driven by firms stockpiling ahead of the UK’s expected
Read in Express: https://apple.news/
THE pound remains muted against the euro and the pairing is currently trading at around €1.158. Data released earlier revealed that the UK economy picked up the pace in the first quarter, with GDP rising by 0.5 per cent in the first three months of 2019. This means that on an annualised basis, preliminary UK GDP rose by 1.8 per cent year-on-year. Pouring cold water on the results however, the Office for National Statistics said the rise was driven by firms stockpiling ahead of the UK’s expected
Read in Express: https://apple.news/
Accepting ‘responsibilty’: Australia issues $1.6 billion in bank notes with typo
Granted, the mistakes weren't too easy to spot.
Read in The Washington Post: https://apple.news/
AUD/USD And NZD/USD Could Rebound Further | Action Forex
AUD/USD found a strong support near the 0.6960 level and recovered recently. NZD/USD is trading nicely and it could recover towards the 0.6650 level in the near term. Important Takeaways for AUD/USD and NZD/USD The Aussie Dollar remained well supported above 0.6960 and recently bounced back against the US Dollar. There was a break above […] The post AUD/USD And NZD/USD Could Rebound Further appeared first on Action Forex.
Read in Action Forex: https://apple.news/
Stocks Fall Fourth Day, Yen Gains on Trade Angst: Markets Wrap
All you need to know about what’s moving markets today.
Read in Bloomberg: https://apple.news/
Corporate currency hedging slows as FX volatility slumps
The striking calm in foreign exchange markets in recent months has led some U.S. multinational companies to scale back on guarding against currency gyrations, potentially leaving them vulnerable if volatility rebounds from near five-year lows.
Read in Reuters: https://apple.news/
HEALTH / SCIENCE
Statins may hold key to stopping multiple sclerosis, say UCL scientists
Statins may hold the answer to slowing the deterioration of patients with multiple sclerosis (MS), scientists have said.
Read in The Telegraph: https://apple.news/
More than 700 cases of mumps in the US this year, CDC says
There have been 736 cases of mumps reported in the United States this year as of April 26, according to the US Centers for Disease Control and Prevention.
Read in CNN: https://apple.news/
How It Feels To Have Anxiety And Depression At The Same Time
Depression and anxiety each have their own sets of symptoms and challenges.And as if living with one of the conditions isn't frustrating enough, researchalso shows that it's not unusual to experience the two of them simultaneously."Unfortunately, having both anxiety and depression together is not an uncommonthing ― nearly half of those diagnosed with one are also diagnosed with theother," said Chad Perman, a licensed marriage and family therapist inBellevue, Washington.Both mental health ...
Read in HuffPost: https://apple.news/
Questions raised about the safety of generic drugs made overseas
A man's body rejected his new heart. Then his doctor looked into his anti-rejection drugs.
Read in CBS News: https://apple.news/
Can You Be Allergic to Water? Here’s What You Need to Know
Imagine being allergic to something you can't live without.
Read in Health.com: https://apple.news/
How Was the Chickenpox Vaccine Created? Teenager Who Refused Vaccine for Religious Reasons Gets the Chickenpox
He cited religious beliefs and concerns about how the vaccine was created.
Read in Health.com: https://apple.news/
New vaccine offers new hope for pancreatic cancer patients
When cancer develops in the pancreas, the diagnosis often comes after the cancer has already spread
Read in CBS News: https://apple.news/
When cancer develops in the pancreas, the diagnosis often comes after the cancer has already spread
Read in CBS News: https://apple.news/
USA / CANADA
U.S. Retail Inflation Inches Up in April
Economic Indicators May 10, 2019 12:32 GMT Investing.com - U.S. consumer prices picked up slightly in April, hitting the Federal Reserve’s target of an annual rate of 2.0% for the first time this year after three months of undershooting. The consumer price index rose 2.0% from a year ago, while core inflation, that excludes volatile food and energy costs, increased 2.1%. The headline number rose less than expected on both a monthly and annual basis, although the annualized reading in core
Read in Investing.com: https://apple.news/A7z_r_
Pentagon deploys warship and missiles to Middle East amid Iran tensions
The USS Arlington and a Patriot battery will join the USS Abraham Lincoln carrier strike group and a U.S. Air Force bomber task force.
Read in CNBC: https://apple.news/
The USS Arlington and a Patriot battery will join the USS Abraham Lincoln carrier strike group and a U.S. Air Force bomber task force.
Read in CNBC: https://apple.news/
Thunderstorms, heavy rain pose threat to Gulf Coast, Southeast through the weekend
Southeast Texas has seen over 14 inches of rain in some spots this week.
Read in ABC News: https://apple.news/
Southeast Texas has seen over 14 inches of rain in some spots this week.
Read in ABC News: https://apple.news/
U.S. Retail Inflation Inches Up in April
Economic Indicators May 10, 2019 12:32 GMT Investing.com - U.S. consumer prices picked up slightly in April, hitting the Federal Reserve’s target of an annual rate of 2.0% for the first time this year after three months of undershooting. The consumer price index rose 2.0% from a year ago, while core inflation, that excludes volatile food and energy costs, increased 2.1%. The headline number rose less than expected on both a monthly and annual basis, although the annualized reading in core
Read in Investing.com: https://apple.news/A7z_r_
Economic Indicators May 10, 2019 12:32 GMT Investing.com - U.S. consumer prices picked up slightly in April, hitting the Federal Reserve’s target of an annual rate of 2.0% for the first time this year after three months of undershooting. The consumer price index rose 2.0% from a year ago, while core inflation, that excludes volatile food and energy costs, increased 2.1%. The headline number rose less than expected on both a monthly and annual basis, although the annualized reading in core
Read in Investing.com: https://apple.news/A7z_r_
EMERGING MARKET
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_
Don’t Be Afraid to Invest in Emerging-Markets Stocks
Emerging-markets stocks have been beaten up so badly that they are a good value now.
Read in Kiplinger: https://apple.news/
Emerging-markets stocks have been beaten up so badly that they are a good value now.
Read in Kiplinger: https://apple.news/
UBS WM cuts emerging markets exposure as U.S.-China spat flares up
UBS Wealth Management cut its exposure to emerging market stocks and bonds late on Thursday, changing its portfolio as an intensification of China-U.S. trade tensions bruised markets, the asset manager said in a note on Friday.
Read in Reuters: https://apple.news/ACTj_
UBS Wealth Management cut its exposure to emerging market stocks and bonds late on Thursday, changing its portfolio as an intensification of China-U.S. trade tensions bruised markets, the asset manager said in a note on Friday.
Read in Reuters: https://apple.news/ACTj_
Israel lifts restriction on Gaza fishing zone as truce holds
Israel lifted a ban on Friday on Palestinian fishing boats operating off the Gaza Strip, ending a measure imposed during a deadly flare-up of violence earlier this month. The fishing union in the Gaza Strip confirmed the lifting of the ban, saying the new limits imposed by Israel were 12 nautical miles in the southern half of Gaza and six nautical miles in the north. Zakaria Bakr, an official with the fishing union, said a number of boats began fishing on Friday, the first in the Islamic holy
Read in Aljazeera: https://apple.news/
Saudi sovereign fund invests indirectly in Arabian Centres IPO -sources
Saudi Arabia's Public InvestmentFund (PIF), the kingdom's sovereign wealth fund, has indirectlyinvested in the $747 million initial public offering of malloperator Arabian Centres, sources familiar with the matter said.
Read in Reuters: https://apple.news/
Oil Climbs Even After U.S. Tariff Hike As Supply Outlook Tight
Oil managed to push higher even after the U.S. went ahead with a planned tariff increase on Chinese goods, as tensions rose in Iran and elsewhere.
Read in Investor's Business Daily: https://apple.news/
Trump may be underestimating Iran's resolve in resisting nuclear sanctions
Analysis: An increasingly isolated and beleaguered American president is creating a dangerous confrontation with a hostile regime in Tehran.
Read in NBC News: https://apple.news/
AFRICA
Zimbabwe: Number of Women Dying During Child Birth a National Disaster - Official
ZIMBABWE's current economic problems have resulted in more women dying during childbirth, a senior government official has said. Director in the Ministry of Finance, Taguma Mahonde said this Wednesday while presenting the UNFPA 2019 State of the World Population Report in Harare. However, the report also shows that Zimbabwe has also made progress in ensuring reproductive health and rights. Although still high, the country's maternal mortality rate has been reduced from 960/100,000 live births in
Read in AllAfrica: https://apple.news/
A sharp jump in mobile internet prices shows the true value of Zimbabwe's troubled currency
While Zimbabwe's central bank is trying to make the case for a respectable value for its three-month old currency the Zimbabwean Real Time Gross Settlement (RTGs) dollars against the US dollar, local mobile operators are showing the RTGs' true value in, well, real time. Early this year the southern African nation central banker John Mangudya introduced...
Read in Quartz: https://apple.news/AelD0-
Dark winter ahead as Zimbabwe readies for load-shedding
Low water levels in Kariba Dam, ageing power stations and expectations of a cold winter mean that Zimbabwe's power generation system is expected to be strained, with a possibility of power cuts, Zimbabwe’s electricity distributor has warned. The Zimbabwe Electricity Transmission and Distribution Company has said that poor rainfall in 2018 and 2019 led to reduced inflows into Kariba Dam. The dam's hydroelectric power stations supply electricity to both Zimbabwe and Zambia.
Read in Polity: https://apple.news/
Zimbabwe: Drugs Cartel Holds Zim to Ransom
A pharmaceutical drugs cartel, comprising mainly of businesspeople with links to India, is holding the country to ransom, amid revelations that only a few wholesalers have permission to distribute most "fast-moving" and cheaper drugs from India to the local market. Investigations carried out by The Herald revealed that one of the wholesalers, who is also of Indian origin, has exclusive rights from most Indian manufacturers to provide at least 85 percent of these cheaper drugs to both the private
Read in AllAfrica: https://apple.news/
Zimbabwe: When Tragedies Occur in Zimbabwe, Its Citizens Who Open Up Their Wallets
(Photo: Highlands Presbyterian Church) Rather than relying on traditional aid donors when disaster strikes, individual Zimbabweans have been stepping up to the plate, says Ray Mwareya. When Cyclone Idai pummelled the east of Zimbabwe in March 2019, gobbling up more than 500 people, the people of the country rose to the occasion and raised US$100 000. This is Zimbabwe's biggest citizen-led humanitarian aid round-up. And it was done from 8 000 miles away, in Ohio, USA. These are the new
Read in AllAfrica: https://apple.news/A-
ASIA
Prospects for trade deal suddenly darken as China looks for a way to save face
The trade war is escalating at a particularly sensitive time in the Chinese political calendar.
Read in The Washington Post: https://apple.news/AHY-
U.S. slaps higher tariffs on Chinese imports while Beijing vows retaliation
The U.S. increased tariffs on $200 billion of Chinese goods to 25% Friday as President Trump ratcheted up pressure on Beijing and threatened to impose additional levies on virtually everything China exports to the U.S.
Read in The Wall Street Journal: https://apple.news/
The Latest: Chinese envoy says trade talks didn't break down
Chinese Vice Premier Liu He says trade talks with the United States have not broken down
Read in ABC News: https://apple.news/AMr6_
EUROPE
EU CRISIS: Brussels frozen in FEAR of Italy sparking financial crash – 'Too big to fail'
THE European Union will not pressure the Italian Government into tackling huge economic issues over fears Brussel's intervention could provoke a bloc-wide financial blow, eurozone expert Eleonora Poli suggested. Latest figures released this week from the European Commission earlier this week predicted Italy will once again breach European Union deficit rules next year, setting Rome and Brussels on a collision course for the next budget. The Southern European country and top Eurocrats have been
Read in Express: https://apple.news/
THE European Union will not pressure the Italian Government into tackling huge economic issues over fears Brussel's intervention could provoke a bloc-wide financial blow, eurozone expert Eleonora Poli suggested. Latest figures released this week from the European Commission earlier this week predicted Italy will once again breach European Union deficit rules next year, setting Rome and Brussels on a collision course for the next budget. The Southern European country and top Eurocrats have been
Read in Express: https://apple.news/
Brexit: France warns UK it will not accept 'repeated' Article 50 delays after 31 October
France has warned that it will not accept “repeated” extensions of the Brexit deadline beyond 31 October, amid deadlock in the UK over the deal negotiated by Theresa May.
Read in The Independent: https://apple.news/
Brexit Brief: Conservatives brace for heavy blow at European elections
Support for the Conservative party has plummeted ahead of the European elections, recent polls suggest
Read in MarketWatch: https://apple.news/
Tusk sees chances of UK remaining in EU at 20-30%: daily
European Council President Donald Tusk said he sees the chances of Britain staying in the European Union after all at 20-30% as Britons had begun a genuine debate whether to leave or to remain only after their 2016 Brexit referendum.
Read in Reuters: https://apple.news/
After Trump hikes China tariffs, Europe girds for battle over cars
After raising tariffs on $200 billion of Chinese imports on Friday, U.S. President Donald Trump could turn the heat up on Europe as soon as next week when he is due to make a decision about its cars.
Read in Reuters: https://apple.news/Arr_
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Sunday 5/12/19 did update on the indicative rates Sell Rate 1190
The currency auction is 217,467,220
There is one news and announcements.
The prices of bullion and gold coins to be sold on Tuesday 14/5/2019
May 12, 2019
May 12, 2019
Click on link above for latest update:
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
http://www.dinarguru.com/
5-12-2019 Newshound Guru Kaperoni Floating the currency is not a requirement but with the influx of capital expected through Iraq's banking system it will create inflationary pressure. If they don't float inflation will start to rise throughout Iraq. Floating the currency is a tool the CBI uses to counter inflation.
5-11-2019 Intel Guru Eagleone2025 [via PDK] BANK MEETINGS ARE STILL GOING ON EUROPE AND ASIA.... THERE IS THREE HEADS FROM EUROPE HAVING MEETINGS IN REGARD TO THIS RV.
5-11-2019 Intel Guru MarkZ [via PDK] I do not have an update from Iraq…Cannot get in touch with any contacts there …our contractors there were expecting a street rate of $3.63 starting today. ...I believe we are finally about to cross the finish line!
5-11-2019 Newshound Guru MilitiaMan This reform is not just about us, it is about effecting the lives of not only millions of people but, billions of people! imo. Everyone knows Iraq is ready now. It is imo go time now. The King of Saudi Arabia, imo gave his blessing to have the Iraq Trade Bank be the first International Trade bank for Iraq to show case on his soil. I highly doubt that they miss that time line. Big money doesn't like to wait long. They would most likely also like to see stability with the Iraq Monetary reforms prior to the opening of said international branch. I don't believe in what I see they have any intentions of being late to the party. Alak has the keys to the AMF. Lets see what happens with the trade deal in the short term while we watch the next move. [post 2 of 2]
5-11-2019 Newshound Guru MilitiaMan Article: "The International Monetary Fund sets out 3 structural measures to reform Iraq's finances, including wages and electricity" ...they are not only involved now during the process but have been very active in the implementation phase we are in now. ...My view is this was ready to go yesterday, and it still is today through the opening of the Iraq Trade Bank by or around mid May. Imo The Futures market this last Sunday and other markets reflected a move by the USA in the trade deal realm and that was a clear shot across the bow to China, imo. Now we see the key player coming back to the table at the end of the week... [post 1 of 2....stay tuned]
5-11-2019 Newshound Guru MilitiaMan This reform is not just about us, it is about effecting the lives of not only millions of people but, billions of people! imo. Everyone knows Iraq is ready now. It is imo go time now. The King of Saudi Arabia, imo gave his blessing to have the Iraq Trade Bank be the first International Trade bank for Iraq to show case on his soil. I highly doubt that they miss that time line. Big money doesn't like to wait long. They would most likely also like to see stability with the Iraq Monetary reforms prior to the opening of said international branch. I don't believe in what I see they have any intentions of being late to the party. Alak has the keys to the AMF. Lets see what happens with the trade deal in the short term while we watch the next move. [post 2 of 2]
5-11-2019 Newshound Guru MilitiaMan Article: "The International Monetary Fund sets out 3 structural measures to reform Iraq's finances, including wages and electricity" ...they are not only involved now during the process but have been very active in the implementation phase we are in now. ...My view is this was ready to go yesterday, and it still is today through the opening of the Iraq Trade Bank by or around mid May. Imo The Futures market this last Sunday and other markets reflected a move by the USA in the trade deal realm and that was a clear shot across the bow to China, imo. Now we see the key player coming back to the table at the end of the week... [post 1 of 2....stay tuned]
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
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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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.
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ARTICLE 2 (from Government of Iraq twitter account)
- 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. #InvestIraq
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ARTICLE 3
Washington calls on the Kurdistan region to sever its relations with Iran
Washington - May 11 - The United States has once again called on the authorities in Iraq's Kurdistan region to break political and economic ties with Iran as part of a US-led campaign against Iran's destabilizing regime.
The official Iranian agency "IRNA", quoting Iraqi sources, that the Deputy Secretary of State for Middle East Affairs David Satterfield visited, last Thursday, the Kurdistan region, and conveyed the message of US Secretary of State Mike Pompeo to Kurdish officials.
The sources added that "the US letter was demanding the authorities in the Kurdistan region to sever political and commercial relations with Iran," noting that "David Satterfield briefed officials of the Kurdistan Regional Government of Iraq, including the leader of the Democratic Party Massoud Barzani, Deputy Secretary General of the Patriotic Union of Kurdistan , Kusrat Rasul, and Qabad Talabani, Deputy Prime Minister of the Kurdistan region, the American message on Iran.
"The Iraqi Kurds must determine their position and put an end to trade and political cooperation with Iran, otherwise their interests will be in danger, especially as the United States funds and provides military and financial support to the Kurdish Peshmerga forces," the letter says.
At the same time, the source also said: "Iraqi Kurdish leaders are now struggling because Iran has a very large impact on Iraqi Kurdistan, because of its close relationship with the Patriotic Union of Kurdistan in Sulaymaniyah and Halabja."
The United States continues to pressure the Iraqi authorities in Baghdad and Erbil for months to sever relations with Iran.
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ARTICLE 4
(25) irregular crossings in the Samawah Skyscraper area
BAGHDAD, May 11 (UPI) - The General Company of Iraqi Railways (one of the Ministry of Transportation) announced the removal of 25 irregular crossings in the Samawa area and the rehabilitation of passenger trains inside its factories.
"In line with the vision of the Minister of Transport to implement Article 154 of the Council of Ministers' decision to remove the excesses on the land, the engineering and technical cadres of the Samawah Skyscraper Department have mobilized their efforts to remove 25 irregular crossings between the Samawah and Daraji train stations within the boundaries of the area, Oil and wheat trucks and unloading stone. "
It is worth mentioning that the Samawa area recently initiated the operation of the joints of the vegetable train station sector and the maintenance of the railway lines to increase its efficiency and to guarantee the speed of the trains for safe and convenient travel to serve the decent citizens. Finished
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ARTICLE 5
Tamimi: This is what remains of the budget, which became vulnerable to fluctuations in oil prices
BAGHDAD, May 11 (Xinhua) - The Parliamentary Finance Committee on Saturday blew up a surprise of the high caliber when it revealed that "the current budget ratio reached 95.7% and the salary ratio was 65.9%, which is very high, The investment budget is 4.2%, while the proportion of oil revenues 94.5% compared to 5.4% for non-oil revenues, which means modest non-oil revenues, which makes the funding of the budget vulnerable to fluctuations resulting from the change in oil prices.
Majida al-Tamimi, member of the committee, stressed the need for a comprehensive review of the laws that were legislated after 2003 to reconsider the fair distribution of incomes as well as activating and supporting the private sector and creating the suitable environment for its development and supporting the ministerial platform of the government, which stressed the encouragement and stimulation of the investment environment in all sectors, "Adding that" the value of the remaining balance of total income and the balance of the first period and after the financing of current and investment budgets amounted to 16.08 trillion dinars. "
It is noteworthy that the Ministry of Finance followed with interest the statements of MP Ali al-Sagri on the charges addressed to the Undersecretary of the Ministry of Finance and Planning and asked the MP to submit documents and evidence on his claim to the regulatory and legal bodies such as the Supreme Council of Corruption or the Integrity Commission or the Minister of Finance to be verified and follow the proper legal and administrative ways , And otherwise, the introduction of such topics in the media without clear evidence is a disgrace and condescension rejected by the ministry. Finished
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