WOTS Thursday 5/9/19
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1186.0000 | 1186.0000 | 1186.0000 | | 04:16 |
| USD/VND | | | 23335.2100 | 23332.5000 | 23332.5000 | | 03:15 |
| USD/CNY | | | 6.8236 | 6.7820 | 6.7820 | | 04:36 |
| USD/KWD | | | 0.3037 | 0.3031 | 0.3037 | | 04:36 |
| GBP/USD | | | 1.3025 | 1.2977 | 1.3007 | | 04:37 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 04:16 |
| USD/IDR | | | 14444.0000 | 14125.0000 | 14308.0000 | | 04:36 |
CNBC Link:
CNBC Morning Squawk Link:
No link yet
DC NY Iraq Articles:dd
Mr. Ammar al-Hakim told a US official: Iraq refuses to be the starting point for the attack on others
Editorial date: 2019/5/9 11:03 • 99 times read
Mr. Ammar al-Hakim, Assistant Secretary of State for Near Eastern Affairs, David Satterfield, discussed the latest political developments in Iraq and the region and the bilateral relations between Iraq and the United States of America.
He said in a statement to his office received the agency {Euphrates News} a copy of that Mr. Ammar al-Hakim, "stressed during the meeting on the openness of Iraq to the countries of the region and the world and his serious efforts to build balanced relations based on common interests, and works to strengthen stability in the region and emphasizes the neutrality and independence of his decision, And his refusal to be Iraq a starting point to attack others. "
He pointed to "the need to take advantage of all the experiences to build Iraq and move towards achieving comprehensive development."
Mr. Ammar al-Hakim stressed the importance of avoiding the current escalation and avoiding serious repercussions that negatively affect the peoples of the region. He called for "a comprehensive dialogue to resolve the outstanding problems," stressing the importance of avoiding Iraq from the effects of this escalation. is over
He pointed to "the need to take advantage of all the experiences to build Iraq and move towards achieving comprehensive development."
Mr. Ammar al-Hakim stressed the importance of avoiding the current escalation and avoiding serious repercussions that negatively affect the peoples of the region. He called for "a comprehensive dialogue to resolve the outstanding problems," stressing the importance of avoiding Iraq from the effects of this escalation. is over
Stressed the importance of ensuring the safety of the military and diplomats of the Iranian escalation
Bombay: Baghdad promised to protect American interests in Iraq
Published: 09/05/2019
Stressed the importance of ensuring the safety of the military and diplomats of the Iranian escalation
Bombay: Baghdad promised to protect American interests in Iraq
- See more at: http://translate.
Stressed the importance of ensuring the safety of the military and diplomats of the Iranian escalation Bombay: Baghdad promised to protect American interests in Iraq
09/05/2019 Bombay: Baghdad promised to protect American interests in Iraq
Baghdad: «Gulf», agencies
On Tuesday evening, US Secretary of State Mike Pompeo made an unannounced visit to Baghdad in order to confront Iran's "escalation," in which he snatched from Iraqi officials a pledge to "protect the interests of the United States" and ensure the safety of US diplomatic and military personnel in their country.
Pompeo canceled a visit to Germany to go to Baghdad, which has close ties to Iran. During the four-hour visit, the US minister met with President Barham Salih and Prime Minister Adel Abdul Mahdi.
He stressed that the United States is an important strategic partner for Iraq, and that Iraq continues its balanced policy, which builds bridges of friendship and cooperation with all friends and neighbors, stressing Iraq's desire to develop relations with the United States and with other neighboring countries and friends in various fields. He stressed Abdul-Mahdi that «Iraq builds relations with everyone on the basis of the interests of Iraq first and work to deepen the participants without stopping at the differences». President Barham Salih also stressed that Iraq is building its relations with all on the basis of priorities of its interests and working to deepen the participants.
"We talked about the importance of Iraq ensuring its ability to provide adequate protection for Americans in their country," Pompeo told reporters accompanying him on the trip. "Iraqi officials have shown me that they understand that this is their responsibility." He added that he made the visit to Iraq because Iran is "stepping up its activity" despite its refusal to discuss the intelligence in detail. "We wanted to tell them about the growing threat we saw and give them a little more background about it so that they can confirm that they are doing everything they can to protect our team," Pompeo said. The visit came two days after the United States warned Iran that it would respond with "strong force" to any attack and considered sending the USS Abraham Lincoln to send a "clear and unambiguous message" to Tehran.Salehi: "We can reach 20% enrichment within 4 days"
09/05/2019 01:50 AM | Number of readings:
font size: Decrease font Enlarge font
Pompeo canceled a visit to Germany to go to Baghdad, which has close ties to Iran. During the four-hour visit, the US minister met with President Barham Salih and Prime Minister Adel Abdul Mahdi.
He stressed that the United States is an important strategic partner for Iraq, and that Iraq continues its balanced policy, which builds bridges of friendship and cooperation with all friends and neighbors, stressing Iraq's desire to develop relations with the United States and with other neighboring countries and friends in various fields. He stressed Abdul-Mahdi that «Iraq builds relations with everyone on the basis of the interests of Iraq first and work to deepen the participants without stopping at the differences». President Barham Salih also stressed that Iraq is building its relations with all on the basis of priorities of its interests and working to deepen the participants.
"We talked about the importance of Iraq ensuring its ability to provide adequate protection for Americans in their country," Pompeo told reporters accompanying him on the trip. "Iraqi officials have shown me that they understand that this is their responsibility." He added that he made the visit to Iraq because Iran is "stepping up its activity" despite its refusal to discuss the intelligence in detail. "We wanted to tell them about the growing threat we saw and give them a little more background about it so that they can confirm that they are doing everything they can to protect our team," Pompeo said. The visit came two days after the United States warned Iran that it would respond with "strong force" to any attack and considered sending the USS Abraham Lincoln to send a "clear and unambiguous message" to Tehran.Salehi: "We can reach 20% enrichment within 4 days"
09/05/2019 01:50 AM | Number of readings:
font size: Decrease font Enlarge font
Al - Saadoun police station is surrounded by concrete blocks
09/05/2019 12:26 AM | Number of readings: 155
Al - Saadoun police station is surrounded by concrete blocks
Al - Saadoun police station is surrounded by concrete blocks
Baghdad Municipality announced on Wednesday, lifting the concrete blocks of the Sadoun police station in central Baghdad.
The secretariat said in a statement received by the "Covenant News" a copy of it "raised The concrete blocks of the police station within the neighborhood of Saadoun in a joint effort with the Baghdad Operations Command and follow-up Office of the Secretary of Baghdad and the Department of productivity "He said. She added that "the municipal council will then proceed with a campaign to clean and rehabilitate the closed site since 2007 "He said.
Salehi: "We can reach 20% enrichment within 4 days"
09/05/2019 1:50 am
Iran's Atomic Energy Organization (IAEA) chief Ali Akbar Salehi said the possibility of a return to the pre-nuclear agreement in a short period of time was available and if the decision was made, Iran could reach 20 percent enrichment within four days.
Salehi said the United States claimed Iran was not complying with the nuclear deal, but the IAEA's 14 reports refuted that claim. The head of Iran's Atomic Energy Organization referred to US allegations that Iran was interfering in the internal affairs of other countries, adding that they had tried to link the issue to the nuclear agreement, but that had not happened to them. He pointed out that the United States then raised the missile issue to link the nuclear agreement, but the agreement, in particular in accordance with UN resolution 2231 includes a supplement on the missile shows the subject completely that nothing to do with the agreement.
He said that while putting all these issues together we see that the United States has tried since the exit of the nuclear agreement to trap us and play in its court and then run things as you like. He added that Iran, through its actions and its patience, has revealed their hypocritical behavior. "The nuclear industry in all its dimensions, whether in enrichment, research and development, heavy water production, modernization of the Arak reactor, exploration and extraction, is proceeding well, and when the orders are issued by the senior officials, we will vigorously activate them," he said. "If we decide to enrich uranium by 20 percent, we can do so within four days and at an acceptable level," he said.
In response to a question about Oman's heavy water reserves in Oman, Salehi said, "We are constantly producing heavy water and the amount of storage we have in Amman will remain the same." "Before this time, we were selling a significant amount of heavy water in excess of 130 kg for foreign customers, but according to the instructions given by the president, we will no longer commit ourselves to a ceiling of 130 kg," he said.
Warnings of arrests of activists in Sulaymaniyah
09/05/2019 12:34 AM | Number of readings: 319
The parliamentary Human Rights Committee stressed that the security forces should be treated in Sulaymaniyah according to the law and that the authorities do not violate human rights laws when arresting activists.
The head of the committee, Arshad Salhi, said in a statement issued on Wednesday night and seen by the "Covenant News" that "human rights parliamentary federal committee includes all the provinces of Iraq, including the provinces of the region," noting that "several appeals from civil organizations and political parties on arrests of some Activists and young people in the province of Sulaymaniyah. " Al-Salhi called on the security and executive agencies not to use methods of preventing families from meeting with detainees and not to resort to any means that violate human rights principles.
The security authorities in Sulaymaniyah launched a campaign of large-scale arrests against activists of the new generation movement in the province, where the number of detainees from the movement until the moment, 11 members without knowing the reasons for their arrest.
The security authorities in Sulaymaniyah, had arrested earlier, 10 people of the mobility of the new generation, while their lawyers and their parents were prevented from meeting them. The head of the movement of the new generation, Chaswar Abdel Wahid, commented on the recent prosecutions against the activists of the movement, pointing out that the pressures and accusations will not discourage the movement from achieving its goals. "The prosecutions, accusations and pressures against activists in the movement of the new generation by the Kurdish security authorities will not deter us from moving forward towards achieving our goals of changing the structure of the government peacefully," said Abdel Wahid. "What is happening now is expected for us because of the importance of this target," he said.
Stressed the importance of ensuring the safety of the military and diplomats of the Iranian escalation
Bombay: Baghdad promised to protect American interests in Iraq
Published: 09/05/2019
Kauaihn Iraq Articles:dd
Mr. Ammar al-Hakim warns of the danger of escalation and tension in the region
Editorial date: 2019/5/9 8:26 • 163 times read
[Baghdad: Al-Furat News} The head of the Alliance for Reform and Reconstruction, Mr. Ammar al-Hakim, warned of the danger of escalation in the region.
A statement to his office received the agency {Euphrates News} a copy of it that Mr. Ammar al-Hakim, "received the representative of the Secretary-General of the United Nations in Iraq {Jinin Hines Blaschart} and discussed the developments of the political landscape in Iraq and the region and the file completion of the government cab.
During the meeting, Ammar al-Hakim reiterated that dialogue is the best way to resolve all disputes, warning of the danger of escalation and tension in the region, which in turn is negatively affecting its stability.
In this context, he stressed the need for Iraq to play a pivotal role in solving the problems and bringing the points of view closer to the national interest and achieving security and peace for the peoples of the region and the world.
He also called on Mr. Ammar al-Hakim that "the United Nations and the world peace-loving countries have a greater role in solving the problems and remove tension and bring the views of the conflicting countries closer.
In a statement, the government describes the project as “a mega energy and infrastructure scheme consisting of building oil pipelines, storage facilities and a seawater supply project to inject water from the Gulf into reservoirs to increase oil production and Iraq’s export capacity.”
According to Reuters, Iraq is close to signing the $53-billion, 30-year agreement, from which it expects to make $400 billion over the life of the project.
It quotes the Prime Minister as saying that it will involve increasing production at the Nahr Bin Umar and Artawi oilfields from around 125,000 barrels per day (bpd) now to 500,000 bpd.
During the meeting, Ammar al-Hakim reiterated that dialogue is the best way to resolve all disputes, warning of the danger of escalation and tension in the region, which in turn is negatively affecting its stability.
In this context, he stressed the need for Iraq to play a pivotal role in solving the problems and bringing the points of view closer to the national interest and achieving security and peace for the peoples of the region and the world.
He also called on Mr. Ammar al-Hakim that "the United Nations and the world peace-loving countries have a greater role in solving the problems and remove tension and bring the views of the conflicting countries closer.
Iraq “close to signing” $53bn deal with Exxon, PetroChina
9th May 2019 in Iraq Oil & Gas News
At its regular meeting in Baghdad on Tuesday, the Iraqi Cabinet received a briefing on negotiations led by Iraq’s Ministry of Oil with ExxonMobil and PetroChina on the Southern Iraq Integrated Project.In a statement, the government describes the project as “a mega energy and infrastructure scheme consisting of building oil pipelines, storage facilities and a seawater supply project to inject water from the Gulf into reservoirs to increase oil production and Iraq’s export capacity.”
According to Reuters, Iraq is close to signing the $53-billion, 30-year agreement, from which it expects to make $400 billion over the life of the project.
It quotes the Prime Minister as saying that it will involve increasing production at the Nahr Bin Umar and Artawi oilfields from around 125,000 barrels per day (bpd) now to 500,000 bpd.
Kirkuk Council reveals "manipulation" petrodollar allocations to the province
9/05/09 05:15:15
9/05/09 05:15:15
The provincial council of Kirkuk on Thursday monitored "major violations" and "manipulation" by the local government financial allocations of petrodollars for the current and previous year.
The Council member Ahmad al-Askari held a press conference in which he talked about the disbursement of 50% of petrodollar allocations, saying that "the Council held a meeting on 9/4/2019, and decided that the committees of projects and finance to conduct a review of those assignments with the departments concerned to meet their needs and see what has been allocated to them Of the petrodollar. "
He noted that "the two committees held several meetings and then monitored the shortfall and great manipulation of petrodollar allocation funds, have recorded 15 notes, and submitted to the provincial council to sign a majority of their members to hold a special session for them." But unfortunately, the provincial council failed three times because of problems within the blocks "He said.
Integrity The assistant director of the Gumark Safwan Frontier is arrested for passing illegal transactions
Release date: 2019/5/9 11:26 • 101 times read
[Baghdad: Al Furat News} The Directorate of Investigation of the Integrity Commission in the province of Basra revealed the arrest of the assistant director of Garmek Safwan Frontier and two members of the disclosure committee; on charges of passing non-fundamental transactions.
A statement of integrity received by the agency {Euphrates News} a copy of it that "the Directorate, while talking about the seizure carried out by a judicial note, indicated that the implementation of the seizure at the port of Safwan border resulted in the seizure of the assistant director Gmrk Safwan and two members of the disclosure committee in the Customs ; In order to complete the transactions of a private company competent to import Almtibat and juices.
The Directorate of Nizha, according to the statement, that "the preliminary investigations led to the arrest of the accused seized the transactions of the company without the consent of the Health Committee in the port and pass, although the materials finished half of its validity."
"It organized a record of the seizure of material seized during the operation, and was presented with the criminal probes seized on the investigating judge, who decided to arrest the accused in the investigation."
On 6 October, the Directorate of Integrity announced that it had succeeded in thwarting an attempt to introduce unchecked foodstuffs into the country, showing six suspects who were working in a civil company, in collaboration with officials of the Ministry of Health and the governorate of Basra, .is over
The Directorate of Nizha, according to the statement, that "the preliminary investigations led to the arrest of the accused seized the transactions of the company without the consent of the Health Committee in the port and pass, although the materials finished half of its validity."
"It organized a record of the seizure of material seized during the operation, and was presented with the criminal probes seized on the investigating judge, who decided to arrest the accused in the investigation."
On 6 October, the Directorate of Integrity announced that it had succeeded in thwarting an attempt to introduce unchecked foodstuffs into the country, showing six suspects who were working in a civil company, in collaboration with officials of the Ministry of Health and the governorate of Basra, .is over
50 candidates for the post of governor of Nineveh and the decision in two days
9/5/2019 12:21)
(Baghdad: Al-Furat News) A member of the Ninewa Provincial Council Clawiz Ali, on Thursday, the selection of a replacement for the province of Noufal Akoub during the next few days, pointing out that the meetings of the Council continues.
Ali said in a press statement that "47 candidates have submitted to the post of governor of Nineveh," explaining, "The Council has not yet agreed to any candidate, the continuation of meetings."
She added that "differences still exist within the Council to resolve the post, with the intervention of political parties within the Council," likely "to resolve the post during the next two days in the event of agreement on the candidate."
For his part, a member of the provincial council, Ahaoui al-Saaib, said in a press statement that "with the closure of the door of nomination reached the number of names of applicants for positions to about 50 candidates, while presented in 4 candidates only for the post of Deputy Governor first {Administrative}, a post dedicated to the Kurds, As opposed to 14 for the second deputy (technical) which is the share of the Arab component. "
He added that "the law on the regulation of the conditions of the provinces No. 21 allows the Council to open the door for candidacy to fill the position of the province in two cases, either when the appeal or when the end of the legal period, which is 30 days."
Al-Saaib confirmed that the provincial council will continue to hold a session to choose the governor, but he may not install it before he is sure what the judiciary will say. Ninewa officials said that the court's position is not clear from the case of al-Aakoub.
He pointed out that "the consultations are still in place to hold the selection of the governor, and his bloc (the Nineveh Alliance) has a majority in the Council with 30 seats, but we want to participate in the election of the governor."
Nineveh province council was closed on Tuesday, the door to submit candidates for the post of governor, where the Council extended the time of receipt of names twice and the number of candidates to more than 50 names for the governor and his deputies.
She added that "differences still exist within the Council to resolve the post, with the intervention of political parties within the Council," likely "to resolve the post during the next two days in the event of agreement on the candidate."
For his part, a member of the provincial council, Ahaoui al-Saaib, said in a press statement that "with the closure of the door of nomination reached the number of names of applicants for positions to about 50 candidates, while presented in 4 candidates only for the post of Deputy Governor first {Administrative}, a post dedicated to the Kurds, As opposed to 14 for the second deputy (technical) which is the share of the Arab component. "
He added that "the law on the regulation of the conditions of the provinces No. 21 allows the Council to open the door for candidacy to fill the position of the province in two cases, either when the appeal or when the end of the legal period, which is 30 days."
Al-Saaib confirmed that the provincial council will continue to hold a session to choose the governor, but he may not install it before he is sure what the judiciary will say. Ninewa officials said that the court's position is not clear from the case of al-Aakoub.
He pointed out that "the consultations are still in place to hold the selection of the governor, and his bloc (the Nineveh Alliance) has a majority in the Council with 30 seats, but we want to participate in the election of the governor."
Nineveh province council was closed on Tuesday, the door to submit candidates for the post of governor, where the Council extended the time of receipt of names twice and the number of candidates to more than 50 names for the governor and his deputies.
Next week .. Parliament of Kurdistan elected Nijervan President of the region and is pleased to lead the government
Political 11:10 - 08/05/2019
Baghdad - Mawazine News
Kurdistan's parliament is to elect Nejervan Barzani to head the Kurdistan region next week. While it will cost Barzani pleased government.
A Kurdish political source, told / Mawazin News /, "The Kurdistan Regional Parliament will vote tomorrow, to amend the law of the presidency of the region."
The source pointed out that "the parliament will be elected next week, Nizhvan Barzani, the head of the region, and in the same week will cost the pleasure of Barzani headed by the government."
A Kurdish political source, told / Mawazin News /, "The Kurdistan Regional Parliament will vote tomorrow, to amend the law of the presidency of the region."
The source pointed out that "the parliament will be elected next week, Nizhvan Barzani, the head of the region, and in the same week will cost the pleasure of Barzani headed by the government."
Kauaihn Economic Times:
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
Oil Prices Rebound Despite Sino-U.S. Trade Tension
Commodities May 08, 2019 05:23 GMT Investing.com - Oil prices rebounded on Wednesday in Asia as traders weighed U.S. sanctions against Iran and news on the Sino-U.S. trade front. U.S. Crude Oil WTI Futures were up 0.8% to $61.88 by 1:19 AM ET (05:19 GMT). International Brent Oil Futures gained 0.6% to $70.26. Traders are closely monitoring the situation at Iran this week as the U.S. tightens sanctions on the country’s oil exports, saying on Monday it was boosting its military presence in the
Read in Investing.com: https://apple.news/AZV61W0_
Banks have eased lending terms for business clients this year, Fed survey finds
Banks eased lending terms to large and middle-sized commercial borrowers in the first quarter, according to a Federal Reserve survey of senior loan officers released Monday.
Read in MarketWatch: https://apple.news/
Morgan Stanley to shut down its Russian banking business in first quarter 2020
Morgan Stanley is planning to send a formal notice to the Russian central bank that it will close down its banking operations in the country in the first quarter of 2020, its Russian unit said in its annual report.
Read in Reuters: https://apple.news/
Sunscreen Ingredients Are Absorbed Into Your Blood. Here's What That Could Mean
An FDA study found that active ingredients can pass into the bloodstream
Read in TIME: https://apple.news/ARxA-
First-of-its-kind drone program is helping diagnose patients faster
It's a race against time carrying medical samples, like blood, to a lab across WakeMed's sprawling one million square foot medical campus
Read in CBS News: https://apple.news/
WHO issues warning as measles infects 34,000 in Europe this year
More than 34,000 people across Europe caught measles in the first two months of 2019, with the vast majority of cases in Ukraine, the World Health Organization said on Tuesday as it urged authorities to ensure vulnerable people get vaccinated.
Read in Reuters: https://apple.news/
Bannon: Trump's China tariff threat 'the most important day' of presidency
Steve Bannon accuses corporate America and Wall Street of trying to rush Trump into making a trade deal with China.
Read in Fox News: https://apple.news/AE7fyC_U-
MIDDLE EAST
Saudi Taqa to invest $1.2bn in N.America oilfield firms
Riyadh – Mubasher: Saudi Arabia’s Industrialization and Energy Services Company (Taqa), backed by the kingdom’s sovereign wealth fund PIF, announced plans to invest up to SAR 4.5 billion ($1.2 billion) over the coming three years. Taqa seeks to …
Read in Mubasher: https://apple.news/AOuzxlv_
Zimbabwe: Parents Urge Govt to Appease Teachers As Gloomy Second Term Kicks Off
WORRIED parents struggling to get their children to different schools across the country from pickup points in Harare have called on government to resolve issues with disgruntled teachers before their grievances affect progress in their second term studies. Schools open this Tuesday amid fears teachers might engage in a go-slow or strike in protest over a devalued salary after a cushioning allowance advanced by government was wiped out by a raft of price increases across all basic commodities
Read in AllAfrica: https://apple.news/
China may expand stimulus in response to potential US trade war tariff hike, analysts say
China may up the pace and size of its economic stimulus to cushion the impact on already sluggish consumption, following the escalation of trade tensions, analysts said. The options include additional cuts in taxes and fees, incentives for buying big…
Read in South China Morning Post: https://apple.news/
Beijing ‘warns off’ US warships in South China Sea as tensions rise
China expressed its “strong opposition” on Monday after two US warships sailed near disputed islands in the South China Sea. It is the third time this year that Washington has challenged Beijing’s maritime claims in the region amid escalating rivalry…
Read in South China Morning Post: https://apple.news/
Hong Kong’s Exchange Fund posts record first-quarter returns due to investment gains in stocks, bonds and currencies
The Exchange Fund, Hong Kong’s war chest for keeping the city’s currency stable against short sellers, has reported its best first quarter on record, as stock market rallies around the world bolstered the returns on its investments. Investment returns…
Read in South China Morning Post: https://apple.news/
EU slashes growth forecasts for Germany — again
The EU has cut growth forecasts for Germany for the second time this year, as trade tensions and a Chinese slowdown weigh on the traditional economic powerhouse of the region.
Read in CNBC: https://apple.news/
EU commission cuts growth outlook over trade pressures
The European Union's executive commission has trimmed its forecast for eurozone growth this year and next as uncertainty over trade conflicts and continued weakness in the auto industry hold back output
Read in ABC News: https://apple.news/A-
EU should have spoken out against "lies" in Brexit vote: Juncker
The European Union was wrong to stay silent in 2016 during the campaign ahead of the British referendum on membership in the bloc because it should have corrected "lies" spread by the "Leave" side, the head of the European Commission said.
Read in Reuters: https://apple.news/
European firms risk being caught in crossfire if US and China escalate their trade war
European businesses in China are facing increased uncertainty as a result of US President Donald Trump’s threat to raise tariffs on Chinese imports. Business leaders and politicians called for a return to multilateralism to end trade tensions but some are…
Read in South China Morning Post: https://apple.news/AzNGkINx_
GLOBAL/NEWS/INFO
Why moms in four U.S. cities are being paid $4,000 a year, with no strings attached
These mothers can spend the money wherever and however they want.
Read in MarketWatch: https://apple.news/
These mothers can spend the money wherever and however they want.
Read in MarketWatch: https://apple.news/
OIL/COMMODITIES/ENERGY
Where Is Gold's Wall of Worry?
Mark Hulbert says gold market contrarians remain on the sidelines, patiently waiting for the timers' aggressive bearishness. The gold bugs have still not thrown in the towel, despite bullion being a disappointing performer for a couple of months now. And that's not a good sign from a contrarian point of view. To review: From a mid-February high of $1,354, spot gold fell last week to as low as $1,272 -- a 6% drop in less than three months' time. Despite this sizeable decline, the short-term gold
Read in TheStreet: https://apple.news/
Mark Hulbert says gold market contrarians remain on the sidelines, patiently waiting for the timers' aggressive bearishness. The gold bugs have still not thrown in the towel, despite bullion being a disappointing performer for a couple of months now. And that's not a good sign from a contrarian point of view. To review: From a mid-February high of $1,354, spot gold fell last week to as low as $1,272 -- a 6% drop in less than three months' time. Despite this sizeable decline, the short-term gold
Read in TheStreet: https://apple.news/
Gold lower, finds little traction despite trade-induced stock retreat
Haven gold prices slipped Tuesday, failing to attain a second day of traction even as stocks freshly retreated. Risk markets, including stocks, fell amid apparent challenges for U.S.-China trade talks this week, negotiations that markets had generally believed to be all but signed on the dotted line.
Read in MarketWatch: https://apple.news/
Haven gold prices slipped Tuesday, failing to attain a second day of traction even as stocks freshly retreated. Risk markets, including stocks, fell amid apparent challenges for U.S.-China trade talks this week, negotiations that markets had generally believed to be all but signed on the dotted line.
Read in MarketWatch: https://apple.news/
Gold lower, finds little traction despite trade-induced stock retreat
Haven gold prices slipped Tuesday, failing to attain a second day of traction even as stocks freshly retreated. Risk markets, including stocks, fell amid apparent challenges for U.S.-China trade talks this week, negotiations that markets had generally believed to be all but signed on the dotted line.
Read in MarketWatch: https://apple.news/
Haven gold prices slipped Tuesday, failing to attain a second day of traction even as stocks freshly retreated. Risk markets, including stocks, fell amid apparent challenges for U.S.-China trade talks this week, negotiations that markets had generally believed to be all but signed on the dotted line.
Read in MarketWatch: https://apple.news/
Gold Rises on China Worry; Safe-Haven Edge Replaces Jewelry Allure
Commodities May 07, 2019 19:46 GMT By Barani Krishnan Investing.com - Gold longs ought to be thankful to China as both good or bad news about the People’s Republic helps the yellow metal get a bid. While hopes for a U.S.-China trade deal in the past boosted bullion on expectations that Chinese jewelry consumption will rise as a result, now concerns that the same negotiations may be scuttled are helping gold rally as a safe haven. Spot gold, reflective of trades in bullion, was up $3.97, or 0.3%,
Read in Investing.com: https://apple.news/
Commodities May 07, 2019 19:46 GMT By Barani Krishnan Investing.com - Gold longs ought to be thankful to China as both good or bad news about the People’s Republic helps the yellow metal get a bid. While hopes for a U.S.-China trade deal in the past boosted bullion on expectations that Chinese jewelry consumption will rise as a result, now concerns that the same negotiations may be scuttled are helping gold rally as a safe haven. Spot gold, reflective of trades in bullion, was up $3.97, or 0.3%,
Read in Investing.com: https://apple.news/
Gold Prices Rise; All Eyes on Sino-U.S. Talks Later This Week
Commodities May 08, 2019 04:15 GMT Investing.com - Prices of the safe-haven gold rose on Wednesday in Asia as risk sentiment took another hit after the U.S. confirmed it would hike tariffs on $200 billion worth of Chinese goods. Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.2% at $1,287.55 per ounce. The precious metal attracted some safe-haven bids today after U.S. Trade Representative Robert Lighthizer confirmed that the U.S. will
Read in Investing.com: https://apple.news/
Commodities May 08, 2019 04:15 GMT Investing.com - Prices of the safe-haven gold rose on Wednesday in Asia as risk sentiment took another hit after the U.S. confirmed it would hike tariffs on $200 billion worth of Chinese goods. Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.2% at $1,287.55 per ounce. The precious metal attracted some safe-haven bids today after U.S. Trade Representative Robert Lighthizer confirmed that the U.S. will
Read in Investing.com: https://apple.news/
Trader bets copper crush is just getting started
Copper sees red. Trading copper futures now, with CNBC's Seema Mody and the Futures Now traders, Scott Nations and Jim Iuorio, both at the CME.
Read in CNBC: https://apple.news/
Copper sees red. Trading copper futures now, with CNBC's Seema Mody and the Futures Now traders, Scott Nations and Jim Iuorio, both at the CME.
Read in CNBC: https://apple.news/
UPDATE 1-Chile exports fall in April as copper output slides -central bank
(Adds table, context on copper production) May 7 (Reuters) - Chile posted an April trade surplus of $612 million, the country's central bank said onTuesday, even as the value of copper exports slid 4.1 percentfrom the previous period amid falling prices and production ofthe metal. Total copper exports reached $2.78 billion in April, down6.1 percent from March. Total exports topped $5.8 billion, down6.3 percent from the same month in 2018, and imports hit 5.25billion. Miners in the world's top
Read in Reuters: https://apple.news/
(Adds table, context on copper production) May 7 (Reuters) - Chile posted an April trade surplus of $612 million, the country's central bank said onTuesday, even as the value of copper exports slid 4.1 percentfrom the previous period amid falling prices and production ofthe metal. Total copper exports reached $2.78 billion in April, down6.1 percent from March. Total exports topped $5.8 billion, down6.3 percent from the same month in 2018, and imports hit 5.25billion. Miners in the world's top
Read in Reuters: https://apple.news/
US raises forecast for summer gasoline prices
The US government is raising its forecast for average gasoline prices this summer, citing higher refining margins
Read in ABC News: https://apple.news/
The US government is raising its forecast for average gasoline prices this summer, citing higher refining margins
Read in ABC News: https://apple.news/
Oil Prices Pressured Lower by Escalating Trade Tensions
Commodities May 07, 2019 11:52 GMT Investing.com - Oil prices were pressured lower on Tuesday amid concerns that escalating trade tensions between the U.S. and China could hit the global economy and weigh on the outlook for fuel consumption. U.S. crude prices were down 0.96% to trade at $61.66 by 07:50 AM ET(1:50 GMT), off 59 cents from their previous settlement. London traded Brent crude futures were down 1.19% to $70.39, down 85 cents from their last close. Market sentiment was hit by fears
Read in Investing.com: https://apple.news/
Commodities May 07, 2019 11:52 GMT Investing.com - Oil prices were pressured lower on Tuesday amid concerns that escalating trade tensions between the U.S. and China could hit the global economy and weigh on the outlook for fuel consumption. U.S. crude prices were down 0.96% to trade at $61.66 by 07:50 AM ET(1:50 GMT), off 59 cents from their previous settlement. London traded Brent crude futures were down 1.19% to $70.39, down 85 cents from their last close. Market sentiment was hit by fears
Read in Investing.com: https://apple.news/
Oil Prices Rebound Despite Sino-U.S. Trade Tension
Commodities May 08, 2019 05:23 GMT Investing.com - Oil prices rebounded on Wednesday in Asia as traders weighed U.S. sanctions against Iran and news on the Sino-U.S. trade front. U.S. Crude Oil WTI Futures were up 0.8% to $61.88 by 1:19 AM ET (05:19 GMT). International Brent Oil Futures gained 0.6% to $70.26. Traders are closely monitoring the situation at Iran this week as the U.S. tightens sanctions on the country’s oil exports, saying on Monday it was boosting its military presence in the
Read in Investing.com: https://apple.news/AZV61W0_
Oil Falls 1%; Market Swings Between Iran, China Worries
Commodities May 07, 2019 16:26 GMT By Barani Krishnan Investing.com - The oil pendulum swings from China to Iran. After a remarkable rebound in the previous session triggered by saber-rattling over Iran, crude futures were down more than 1% on Tuesday on fear that President Donald Trump’s fresh tariffs offensive against China could prompt Beijing to walk away from trade negotiations, scuttling the global economy. West Texas Intermediate futures, the benchmark for U.S. crude, traded down 70 cents
Read in Investing.com: https://apple.news/Au_GsZ4_
Commodities May 07, 2019 16:26 GMT By Barani Krishnan Investing.com - The oil pendulum swings from China to Iran. After a remarkable rebound in the previous session triggered by saber-rattling over Iran, crude futures were down more than 1% on Tuesday on fear that President Donald Trump’s fresh tariffs offensive against China could prompt Beijing to walk away from trade negotiations, scuttling the global economy. West Texas Intermediate futures, the benchmark for U.S. crude, traded down 70 cents
Read in Investing.com: https://apple.news/Au_GsZ4_
BANKS/BANKING/CREDIT
Thai Central Bank Builds Blockchain Solution for Digital Currency Project
The Bank of Thailand has moved ahead with its digital currency project lnthanon by building a blockchain-based prototype solution to settle inter-bank payments.
Read in CoinDesk: https://apple.news/
The Bank of Thailand has moved ahead with its digital currency project lnthanon by building a blockchain-based prototype solution to settle inter-bank payments.
Read in CoinDesk: https://apple.news/
Why the World's Central Banks Are Going Gaga Over Gold
The world's central banks are snapping up the metal at the fastest rate in almost half a century in a trend that looks poised to continue. Central banks are going gaga over gold. They are snapping up the metal at the fastest rate in almost half a century in a trend that looks set to continue. Over the 12 months through March 31, they purchased a whopping 715.7 metric tons of gold bullion worth around $29.4 billion, according to a recently published report from the industry group World Gold
Read in TheStreet: https://apple.news/
The world's central banks are snapping up the metal at the fastest rate in almost half a century in a trend that looks poised to continue. Central banks are going gaga over gold. They are snapping up the metal at the fastest rate in almost half a century in a trend that looks set to continue. Over the 12 months through March 31, they purchased a whopping 715.7 metric tons of gold bullion worth around $29.4 billion, according to a recently published report from the industry group World Gold
Read in TheStreet: https://apple.news/
Banks have eased lending terms for business clients this year, Fed survey finds
Banks eased lending terms to large and middle-sized commercial borrowers in the first quarter, according to a Federal Reserve survey of senior loan officers released Monday.
Read in MarketWatch: https://apple.news/
Morgan Stanley to shut down its Russian banking business in first quarter 2020
Morgan Stanley is planning to send a formal notice to the Russian central bank that it will close down its banking operations in the country in the first quarter of 2020, its Russian unit said in its annual report.
Read in Reuters: https://apple.news/
UPDATE 2-Failure of Deutsche Bank-Commerzbank merger talks no surprise - watchdog
* Pressure to cut costs still exists after merger talks
Read in Reuters: https://apple.news/
* Pressure to cut costs still exists after merger talks
Read in Reuters: https://apple.news/
TREASURIES/BONDS/STOCKS
Treasurys rally as lingering trade jitters draw haven inflows
Treasury prices rise Tuesday as rattled investors contemplate the possibility that U.S.-China trade negotiations may not be resolved as early as expected.
Read in MarketWatch: https://apple.news/
Treasury prices rise Tuesday as rattled investors contemplate the possibility that U.S.-China trade negotiations may not be resolved as early as expected.
Read in MarketWatch: https://apple.news/
The Dow Is Ready to Drop Because Trump’s Tariff Threat Is Real
Dow futures are off 154 points after Trump administration officials confirmed tariffs on China would likely rise on Friday.
Read in Barron's: https://apple.news/
Dow futures are off 154 points after Trump administration officials confirmed tariffs on China would likely rise on Friday.
Read in Barron's: https://apple.news/
Markets are worrying about slower global growth again
Higher tariffs and the absence of a trade deal will force investors to lower estimates for global GDP, global earnings growth and the earnings multiple associated with higher growth.
Read in CNBC: https://apple.news/
The Dow Is Ready to Drop Because Trade Talks Won’t Easily Get Back on Track
New reports suggest that China may have backed off many of the promises it had made in negotiations.
Read in Barron's: https://apple.news/
Higher tariffs and the absence of a trade deal will force investors to lower estimates for global GDP, global earnings growth and the earnings multiple associated with higher growth.
Read in CNBC: https://apple.news/
The Dow Is Ready to Drop Because Trade Talks Won’t Easily Get Back on Track
New reports suggest that China may have backed off many of the promises it had made in negotiations.
Read in Barron's: https://apple.news/
Top 5 Things to Know in the Market on Wednesday
Economy May 08, 2019 09:46 GMT Investing.com - Here are the top five things you need to know in financial markets on Wednesday, May 8: 1. China trade data shows mixed picture with trade talks in focus China’s exports unexpectedly shrank in April but imports surprised with their first increase in five months, painting a mixed picture of the Chinese economy as Washington attempts to increase pressure on Beijing ahead of high-level negotiations starting Thursday with threats of more tariffs.
Read in Investing.com: https://apple.news/
Economy May 08, 2019 09:46 GMT Investing.com - Here are the top five things you need to know in financial markets on Wednesday, May 8: 1. China trade data shows mixed picture with trade talks in focus China’s exports unexpectedly shrank in April but imports surprised with their first increase in five months, painting a mixed picture of the Chinese economy as Washington attempts to increase pressure on Beijing ahead of high-level negotiations starting Thursday with threats of more tariffs.
Read in Investing.com: https://apple.news/
CRYPTO'S / DIGITAL CURRENCY
Bitcoin [BTC]: On-chain transactions near ATH as miners profit from rising transaction fees
Bitcoin [BTC] has recorded a successful 2019, with the king coin rallying towards a $6000 valuation. As previously reported, Bitcoin [BTC] had also recorded a six-month high hashrate of $58.11 million TH/s, which was extremely close to its all-the time high of 61.8 TH/s. According to Diar Research, average Bitcoin transaction fees rose by a...
Read in AMBCrypto: https://apple.news/
Bitcoin [BTC] has recorded a successful 2019, with the king coin rallying towards a $6000 valuation. As previously reported, Bitcoin [BTC] had also recorded a six-month high hashrate of $58.11 million TH/s, which was extremely close to its all-the time high of 61.8 TH/s. According to Diar Research, average Bitcoin transaction fees rose by a...
Read in AMBCrypto: https://apple.news/
Ethereum Spikes 10% Amid ETH Futures Approval Rumors - Bitcoinist.com
Ethereum has spiked by about 10 percent over the last 24 hours following speculation that the U.S. Commodity Futures Trading Commission (CFTC) may be ready to approve ETH futures trading. CFTC Open to Ethereum Futures Trading Ethereum 00, the second-ranked cryptocurrency by market capitalization is currently trading at $175; a 10 percent spike in the last 24 hours. This surge comes amid reports that the CFTC might grant approval for an ETH futures trading product. After a rumor came out that the
Read in Bitcoinist.net: https://apple.news/
Ethereum has spiked by about 10 percent over the last 24 hours following speculation that the U.S. Commodity Futures Trading Commission (CFTC) may be ready to approve ETH futures trading. CFTC Open to Ethereum Futures Trading Ethereum 00, the second-ranked cryptocurrency by market capitalization is currently trading at $175; a 10 percent spike in the last 24 hours. This surge comes amid reports that the CFTC might grant approval for an ETH futures trading product. After a rumor came out that the
Read in Bitcoinist.net: https://apple.news/
Bitcoin [BTC] nears $6,000; eToro’s Greenspan confirms king coin trading in an 'upward channel'
With the market cap nearing $190 billion and Bitcoin inching closer to $6,000, the feeling of caution is giving way to optimism. Despite market correction and several isolated price pullbacks, the world's largest cryptocurrency and the coin market remains largely bullish. According to Mati Greenspan, senior market analyst at eToro, this pullback, citing the recent...
Read in AMBCrypto: https://apple.news/
With the market cap nearing $190 billion and Bitcoin inching closer to $6,000, the feeling of caution is giving way to optimism. Despite market correction and several isolated price pullbacks, the world's largest cryptocurrency and the coin market remains largely bullish. According to Mati Greenspan, senior market analyst at eToro, this pullback, citing the recent...
Read in AMBCrypto: https://apple.news/
Bitcoin Price Eyes Break Above $6,000 Ahead of New York Blockchain Week
Bitcoin is gaining altitude in line with the bullish developments on the technical charts and could soon rise above the psychological level of $6,000.
Read in CoinDesk: https://apple.news/
Bitcoin is gaining altitude in line with the bullish developments on the technical charts and could soon rise above the psychological level of $6,000.
Read in CoinDesk: https://apple.news/
Bitcoin Better Than Gold?
For some, bitcoin is the creme de la creme of assets. Others say its gold. But is one really better than the other? The meteoric rise in bitcoin’s price over these past few weeks has re-ignited this debate. As you might expect, there has been no shortage of opinion about the topic. Bitcoin has often been coined ‘digital gold’ if not ‘peer-to-peer gold.’ And just last week, a highly discussed video by the digital currency asset company Greyscale added additional fuel to the ongoing dialogue
Read in Bitcoinist.net: https://apple.news/AKJN-
For some, bitcoin is the creme de la creme of assets. Others say its gold. But is one really better than the other? The meteoric rise in bitcoin’s price over these past few weeks has re-ignited this debate. As you might expect, there has been no shortage of opinion about the topic. Bitcoin has often been coined ‘digital gold’ if not ‘peer-to-peer gold.’ And just last week, a highly discussed video by the digital currency asset company Greyscale added additional fuel to the ongoing dialogue
Read in Bitcoinist.net: https://apple.news/AKJN-
CURRENCIES
Forex - Dollar Inches Higher, but Gains Capped by Yen on Trade Concerns
Forex May 07, 2019 18:24 GMT Investing.com – The U.S. dollar climbed against its rivals on Tuesday, on data showing underlying strength in the labor market, but upside was limited by a rise in the yen as U.S.-China trade worries fueled safe-haven demand. The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, rose by 0.15% to 97.41. The U.S. Labor Department’s latest Job Openings and Labor Turnover Survey (JOLTs) report, a measure of labor
Read in Investing.com: https://apple.news/
Forex - Dollar Inches Higher, but Gains Capped by Yen on Trade Concerns
Forex May 07, 2019 18:24 GMT Investing.com – The U.S. dollar climbed against its rivals on Tuesday, on data showing underlying strength in the labor market, but upside was limited by a rise in the yen as U.S.-China trade worries fueled safe-haven demand. The U.S. dollar index, which measures the greenback against a trade-weighted basket of six major currencies, rose by 0.15% to 97.41. The U.S. Labor Department’s latest Job Openings and Labor Turnover Survey (JOLTs) report, a measure of labor
Read in Investing.com: https://apple.news/
Turkish lira tumbles to 7-month low amid further political unrest
The Turkish lira slumped to its lowest level in seven months as further political unrest weighs on the nation’s currency.
Read in MarketWatch: https://apple.news/
The Turkish lira slumped to its lowest level in seven months as further political unrest weighs on the nation’s currency.
Read in MarketWatch: https://apple.news/
Forex - Turkey Slides Toward New Lira Crisis on Vote Annulment
Forex May 07, 2019 07:14 GMT Investing.com -- Turkey is lurching toward a fresh currency crisis, with the lira sliding to its lowest in nearly a year after the country’s election authorities annulled the recent municipal election results for Istanbul. The decision triggered immediate street protests in Turkey’s largest city against the government of President Recep Tayyip Erdogan, and pushed the dollar as high as 6.1976 lira in early trading on Tuesday. That’s the highest since last September,
Read in Investing.com: https://apple.news/
Forex May 07, 2019 07:14 GMT Investing.com -- Turkey is lurching toward a fresh currency crisis, with the lira sliding to its lowest in nearly a year after the country’s election authorities annulled the recent municipal election results for Istanbul. The decision triggered immediate street protests in Turkey’s largest city against the government of President Recep Tayyip Erdogan, and pushed the dollar as high as 6.1976 lira in early trading on Tuesday. That’s the highest since last September,
Read in Investing.com: https://apple.news/
Venezuela loosens currency exchange controls to allow forex trading
Read in Reuters: https://apple.news/
Read in Reuters: https://apple.news/
Forex - New Zealand Dollar Falls as RBNZ Cuts Rates to Historic Low
Forex May 08, 2019 03:23 GMT Investing.com - The New Zealand dollar fell on Wednesday in Asia after the Reserve Bank of New Zealand cut interest rates to a fresh record low. The central bank lowered the official cash rate (OCR) to 1.5%. It also hinted of one more reduction this year. “The Monetary Policy Committee decided a lower OCR is necessary to support the outlook for employment and inflation consistent with its policy remit,” the Reserve Bank. “A lower OCR now is most consistent with
Read in Investing.com: https://apple.news/
Forex May 08, 2019 03:23 GMT Investing.com - The New Zealand dollar fell on Wednesday in Asia after the Reserve Bank of New Zealand cut interest rates to a fresh record low. The central bank lowered the official cash rate (OCR) to 1.5%. It also hinted of one more reduction this year. “The Monetary Policy Committee decided a lower OCR is necessary to support the outlook for employment and inflation consistent with its policy remit,” the Reserve Bank. “A lower OCR now is most consistent with
Read in Investing.com: https://apple.news/
Australian dollar down - Inside Retail
Aussie dollar declines against US counterpart. The post Australian dollar down appeared first on Inside Retail.
Read in Inside Retail: https://apple.news/
Aussie dollar declines against US counterpart. The post Australian dollar down appeared first on Inside Retail.
Read in Inside Retail: https://apple.news/
HEALTH / SCIENCE
Breaking down the science of sunscreen
A study in JAMA analyzed blood samples of 24 people who used sunscreen four times a day, for four days. Researchers found levels of four chemical ingredients that exceed the FDA’s recommended limits. The authors caution that the health effects, if any, are unknown, and people should continue to apply sunscreen to protect against skin cancer. As we continue our coverage of Skin Cancer Awareness Month, Dr. Tara Narula joins "CBS This Morning" to separate sunscreen fact from fiction.
Read in CBS News: https://apple.news/
A study in JAMA analyzed blood samples of 24 people who used sunscreen four times a day, for four days. Researchers found levels of four chemical ingredients that exceed the FDA’s recommended limits. The authors caution that the health effects, if any, are unknown, and people should continue to apply sunscreen to protect against skin cancer. As we continue our coverage of Skin Cancer Awareness Month, Dr. Tara Narula joins "CBS This Morning" to separate sunscreen fact from fiction.
Read in CBS News: https://apple.news/
Sunscreen Ingredients Are Absorbed Into Your Blood. Here's What That Could Mean
An FDA study found that active ingredients can pass into the bloodstream
Read in TIME: https://apple.news/ARxA-
First-of-its-kind drone program is helping diagnose patients faster
It's a race against time carrying medical samples, like blood, to a lab across WakeMed's sprawling one million square foot medical campus
Read in CBS News: https://apple.news/
Why survival rates for deadly skin cancer are increasing
The deadliest type of skin cancer is on the rise, with more than 96,000 new cases expected this year, but there are also new advances in treatment
Read in CBS News: https://apple.news/
The deadliest type of skin cancer is on the rise, with more than 96,000 new cases expected this year, but there are also new advances in treatment
Read in CBS News: https://apple.news/
WHO issues warning as measles infects 34,000 in Europe this year
More than 34,000 people across Europe caught measles in the first two months of 2019, with the vast majority of cases in Ukraine, the World Health Organization said on Tuesday as it urged authorities to ensure vulnerable people get vaccinated.
Read in Reuters: https://apple.news/
USA / CANADA
Trump heats up his trade war while China is stronger, but the rest of the world is weaker
Chinese stocks were crushed last year after the Trump administration announced it would begin putting tariffs on essentially all Chinese imports to the U.S.
Read in Axios: https://apple.news/
Chinese stocks were crushed last year after the Trump administration announced it would begin putting tariffs on essentially all Chinese imports to the U.S.
Read in Axios: https://apple.news/
Bannon: Trump's China tariff threat 'the most important day' of presidency
Steve Bannon accuses corporate America and Wall Street of trying to rush Trump into making a trade deal with China.
Read in Fox News: https://apple.news/AE7fyC_U-
Trump doesn't want a war with Iran — but he might get one anyway
Today’s political climate in the United States is different from the pre-Iraq war era — but the ambitions of some of the people in Congress are the same John Bolton has a long history of hawkish statements about Iran, and has called for conflict to effect regime change in the past The chances of war between Iran and the United States have just increased again. A small mistake from either side could now lead to dangerous results - and easily escalate into a disaster for both sides, as well as the
Read in The Independent: https://apple.news/
Today’s political climate in the United States is different from the pre-Iraq war era — but the ambitions of some of the people in Congress are the same John Bolton has a long history of hawkish statements about Iran, and has called for conflict to effect regime change in the past The chances of war between Iran and the United States have just increased again. A small mistake from either side could now lead to dangerous results - and easily escalate into a disaster for both sides, as well as the
Read in The Independent: https://apple.news/
EMERGING MARKETS
SPECIAL REPORT-How a Chinese venture in Venezuela made millions while locals grew hungry
(For more Reuters Special Reports, click on)
Read in Reuters: https://apple.news/
(For more Reuters Special Reports, click on)
Read in Reuters: https://apple.news/
UPDATE 1-South African rand and equities weaken on U.S.-China trade fears
* Rand weakens as U.S.-China trade dispute weighs
Read in Reuters: https://apple.news/
* Rand weakens as U.S.-China trade dispute weighs
Read in Reuters: https://apple.news/
New tariffs would make the US one of the most protectionist countries
The U.S. could become one of the most protectionist countries in the world, if President Donald Trump's latest tariff threat materializes.
Read in CNBC: https://apple.news/
The U.S. could become one of the most protectionist countries in the world, if President Donald Trump's latest tariff threat materializes.
Read in CNBC: https://apple.news/
Emerging markets equities are the best way to play market during trade concerns, says strategist
Sameer Samana, Wells Fargo Investment Institute senior global market strategist, joins 'The Exchange' to discuss how investors should be trading on U.S.-China trade war tensions.
Read in CNBC: https://apple.news/AnW_
Sameer Samana, Wells Fargo Investment Institute senior global market strategist, joins 'The Exchange' to discuss how investors should be trading on U.S.-China trade war tensions.
Read in CNBC: https://apple.news/AnW_
Tariff Threats Roil Chinese Stocks, but Strategists Aren’t Eager to Buy
Analysts don’t see Monday’s sharp declines in Chinese and emerging-market stocks as a buying opportunity. One blamed the magnitude of the losses in China partly on some of the stocks sitting near 52-week highs.
Read in Barron's: https://apple.news/
Analysts don’t see Monday’s sharp declines in Chinese and emerging-market stocks as a buying opportunity. One blamed the magnitude of the losses in China partly on some of the stocks sitting near 52-week highs.
Read in Barron's: https://apple.news/
If you're invested in global ETFs, get ready for more China exposure
Mainland China is becoming an increasingly important part of the emerging market landscape at MSCI, the indexing company's chief says.
Read in CNBC: https://apple.news/Ag-
Mainland China is becoming an increasingly important part of the emerging market landscape at MSCI, the indexing company's chief says.
Read in CNBC: https://apple.news/Ag-
Getting Cuba out of Venezuela a priority for US?
Wall Street Journal columnist Mary Anastasia O'Grady on the turmoil in Venezuela.
Read in Fox News: https://apple.news/
Wall Street Journal columnist Mary Anastasia O'Grady on the turmoil in Venezuela.
Read in Fox News: https://apple.news/
Pompeo makes unannounced visit to Baghdad amid rising tensions with Iran - The Washington Post
https://www.washingtonpost.
https://www.washingtonpost.
Iraq close to signing $53 billion deal with Exxon, PetroChina; denies Iran link
Iraq is close to signing a $53 billion, 30-year energy agreement with Exxon Mobil and PetroChina, Prime Minister Adel Abdul Mahdi said on Tuesday, denying any link between the mega-project and U.S. permission for Iraq to do business with Iran.
Read in Reuters: https://apple.news/
Iraq is close to signing a $53 billion, 30-year energy agreement with Exxon Mobil and PetroChina, Prime Minister Adel Abdul Mahdi said on Tuesday, denying any link between the mega-project and U.S. permission for Iraq to do business with Iran.
Read in Reuters: https://apple.news/
Qatar to send $480m to West Bank, Gaza after truce with Israel
Qatar has said it will send $480m to Palestinians in the occupied West Bank and the besieged Gaza Strip after a ceasefire deal ended the deadliest fighting between Israel and Palestinian factions since a 2014 Israeli assault on the enclave. A statement from Qatar's Foreign Ministry on Tuesday morning said $300m would support health and education programmes of the Ramallah-based Palestinian Authority, which controls parts of the West Bank. Meanwhile, $180m would go towards "urgent humanitarian
Read in Aljazeera: https://apple.news/
Qatar has said it will send $480m to Palestinians in the occupied West Bank and the besieged Gaza Strip after a ceasefire deal ended the deadliest fighting between Israel and Palestinian factions since a 2014 Israeli assault on the enclave. A statement from Qatar's Foreign Ministry on Tuesday morning said $300m would support health and education programmes of the Ramallah-based Palestinian Authority, which controls parts of the West Bank. Meanwhile, $180m would go towards "urgent humanitarian
Read in Aljazeera: https://apple.news/
Saudi Taqa to invest $1.2bn in N.America oilfield firms
Riyadh – Mubasher: Saudi Arabia’s Industrialization and Energy Services Company (Taqa), backed by the kingdom’s sovereign wealth fund PIF, announced plans to invest up to SAR 4.5 billion ($1.2 billion) over the coming three years. Taqa seeks to …
Read in Mubasher: https://apple.news/AOuzxlv_
CIA warns Arab activist of potential threat from Saudi Arabia
Pro-democracy campaigner Iyad el-Baghdadi has been vocal critic of Saudi crown prince The CIA has warned Norway that a prominent Arab activist who is living in the country under asylum protection is facing a potential threat from Saudi Arabia, the Guardian has learned. The pro-democracy activist, Iyad el-Baghdadi, is a vocal critic of Mohammed bin Salman, the Saudi crown prince. Continue reading...
Read in the guardian: https://apple.news/
Pro-democracy campaigner Iyad el-Baghdadi has been vocal critic of Saudi crown prince The CIA has warned Norway that a prominent Arab activist who is living in the country under asylum protection is facing a potential threat from Saudi Arabia, the Guardian has learned. The pro-democracy activist, Iyad el-Baghdadi, is a vocal critic of Mohammed bin Salman, the Saudi crown prince. Continue reading...
Read in the guardian: https://apple.news/
U.S. energy secretary says Saudi raising production to counter Iran sanctions impact - CNBC
U.S. Energy Secretary Rick Perry told CNBCon Tuesday that Saudi Arabia is increasing its oil production tomeet needs arising from sanctions on Iran.
Read in Reuters: https://apple.news/
U.S. Energy Secretary Rick Perry told CNBCon Tuesday that Saudi Arabia is increasing its oil production tomeet needs arising from sanctions on Iran.
Read in Reuters: https://apple.news/
US-Iran tensions rise ahead of anniversary of deal pullout
US-Iran tensions rise ahead of anniversary of Trump's withdrawal from nuclear deal
Read in ABC News: https://apple.news/ANIUU8-
US-Iran tensions rise ahead of anniversary of Trump's withdrawal from nuclear deal
Read in ABC News: https://apple.news/ANIUU8-
Why the US is sending a carrier and bombers to the Middle East
Behnam Ben Taleblu of the Foundation for Defense of Democracies says the U.S. decision to deploy a carrier strike group to the Middle East is "naturally" the next step for pressure and deterrence against Iran.
Read in CNBC: https://apple.news/
Behnam Ben Taleblu of the Foundation for Defense of Democracies says the U.S. decision to deploy a carrier strike group to the Middle East is "naturally" the next step for pressure and deterrence against Iran.
Read in CNBC: https://apple.news/
AFRICA
Africa: Asthma Sufferers Need to Be Ultra-Wary of Air Pollution
An asthma attack is a frightening experience, threatening to deprive you of your ability to breathe, and life itself. According to World Health Organization estimates, 235 million people suffer from asthma, which is the most common chronic disease among children. Over 80 per cent of asthma deaths occur in low and lower-middle income countries. World Asthma Day on 7 May 2019 reminds us that people with chronic respiratory problems are particularly vulnerable to all forms of air pollution. One
Read in AllAfrica: https://apple.news/
An asthma attack is a frightening experience, threatening to deprive you of your ability to breathe, and life itself. According to World Health Organization estimates, 235 million people suffer from asthma, which is the most common chronic disease among children. Over 80 per cent of asthma deaths occur in low and lower-middle income countries. World Asthma Day on 7 May 2019 reminds us that people with chronic respiratory problems are particularly vulnerable to all forms of air pollution. One
Read in AllAfrica: https://apple.news/
South Sudan: SA, South Sudan Sign Oil Exploration Agreement
South Africa and South Sudan have signed an exploration and production sharing agreement (EPSA) to explore oil in Block B2 of the landlocked East-Central African country. "The deal - which is strategic for South Africa as an energy consumer will see Block B2 operated by state-owned Strategic Fuel Fund (SFF), the Ministry of Petroleum and Nilepet, the national oil company of the Republic of South Sudan," said the Department of Energy on Monday. Under this agreement, which includes a six-year
Read in AllAfrica: https://apple.news/
South Africa and South Sudan have signed an exploration and production sharing agreement (EPSA) to explore oil in Block B2 of the landlocked East-Central African country. "The deal - which is strategic for South Africa as an energy consumer will see Block B2 operated by state-owned Strategic Fuel Fund (SFF), the Ministry of Petroleum and Nilepet, the national oil company of the Republic of South Sudan," said the Department of Energy on Monday. Under this agreement, which includes a six-year
Read in AllAfrica: https://apple.news/
Zimbabwe: Exports and Imports Down 20% Plus - Reserve Bank
A Reserve Bank of Zimbabwe (RBZ), report says that both exports and imports went down by over 20 percent in the month of January 2019 in a development signaling a slowdown in business activity in the country. In its latest Monthly Economic Review for January 2019, the RBZ, reveals that exports declined by 20 percent to US$293 million, compared to US$365 million recorded in the previous month. The developments have been attributed to declines in exports of flue-cured tobacco, ferro-chrome,
Read in AllAfrica: https://apple.news/
A Reserve Bank of Zimbabwe (RBZ), report says that both exports and imports went down by over 20 percent in the month of January 2019 in a development signaling a slowdown in business activity in the country. In its latest Monthly Economic Review for January 2019, the RBZ, reveals that exports declined by 20 percent to US$293 million, compared to US$365 million recorded in the previous month. The developments have been attributed to declines in exports of flue-cured tobacco, ferro-chrome,
Read in AllAfrica: https://apple.news/
Zimbabwe: Parents Urge Govt to Appease Teachers As Gloomy Second Term Kicks Off
WORRIED parents struggling to get their children to different schools across the country from pickup points in Harare have called on government to resolve issues with disgruntled teachers before their grievances affect progress in their second term studies. Schools open this Tuesday amid fears teachers might engage in a go-slow or strike in protest over a devalued salary after a cushioning allowance advanced by government was wiped out by a raft of price increases across all basic commodities
Read in AllAfrica: https://apple.news/
ASIA
China may expand stimulus in response to potential US trade war tariff hike, analysts say
China may up the pace and size of its economic stimulus to cushion the impact on already sluggish consumption, following the escalation of trade tensions, analysts said. The options include additional cuts in taxes and fees, incentives for buying big…
Read in South China Morning Post: https://apple.news/
China targets steel industry as latest front in its war on pollution
China has shifted its focus in the battle for clean air to the steel industry after targeting coal-powered plants, the former top polluter, with similar measures. On Sunday, the Ministry of Ecology and Environment and four other ministries released a…
Read in South China Morning Post: https://apple.news/
China has shifted its focus in the battle for clean air to the steel industry after targeting coal-powered plants, the former top polluter, with similar measures. On Sunday, the Ministry of Ecology and Environment and four other ministries released a…
Read in South China Morning Post: https://apple.news/
Beijing ‘warns off’ US warships in South China Sea as tensions rise
China expressed its “strong opposition” on Monday after two US warships sailed near disputed islands in the South China Sea. It is the third time this year that Washington has challenged Beijing’s maritime claims in the region amid escalating rivalry…
Read in South China Morning Post: https://apple.news/
Hong Kong’s Exchange Fund posts record first-quarter returns due to investment gains in stocks, bonds and currencies
The Exchange Fund, Hong Kong’s war chest for keeping the city’s currency stable against short sellers, has reported its best first quarter on record, as stock market rallies around the world bolstered the returns on its investments. Investment returns…
Read in South China Morning Post: https://apple.news/
EUROPE
Italy spending plans projected to breach EU rules
New EU projections on Italy's finances could spark yet another war of words between Brussels and the anti-establishment government in Rome.
Read in CNBC: https://apple.news/
New EU projections on Italy's finances could spark yet another war of words between Brussels and the anti-establishment government in Rome.
Read in CNBC: https://apple.news/
EU slashes growth forecasts for Germany — again
The EU has cut growth forecasts for Germany for the second time this year, as trade tensions and a Chinese slowdown weigh on the traditional economic powerhouse of the region.
Read in CNBC: https://apple.news/
EU commission cuts growth outlook over trade pressures
The European Union's executive commission has trimmed its forecast for eurozone growth this year and next as uncertainty over trade conflicts and continued weakness in the auto industry hold back output
Read in ABC News: https://apple.news/A-
EU should have spoken out against "lies" in Brexit vote: Juncker
The European Union was wrong to stay silent in 2016 during the campaign ahead of the British referendum on membership in the bloc because it should have corrected "lies" spread by the "Leave" side, the head of the European Commission said.
Read in Reuters: https://apple.news/
Brexit Brief: May faces fresh calls for resignation
U.K. Prime Minister Theresa May is facing fresh calls from Conservative MPs to step down as leader, as she tries to secure support for a deal on Brexit from the opposition Labour Party.
Read in MarketWatch: https://apple.news/
U.K. Prime Minister Theresa May is facing fresh calls from Conservative MPs to step down as leader, as she tries to secure support for a deal on Brexit from the opposition Labour Party.
Read in MarketWatch: https://apple.news/
European firms risk being caught in crossfire if US and China escalate their trade war
European businesses in China are facing increased uncertainty as a result of US President Donald Trump’s threat to raise tariffs on Chinese imports. Business leaders and politicians called for a return to multilateralism to end trade tensions but some are…
Read in South China Morning Post: https://apple.news/AzNGkINx_
Iran says it is close to EU oil sales deal despite U.S. sanctions - report
Iranian Foreign Minister MohammadJavad Zarif told Russian news agency RIA on Tuesday that Iranwas close to an oil sales deal with the European Union, despitethe sanctions which have been re-imposed by the United States.
Read in Reuters: https://apple.news/
Iranian Foreign Minister MohammadJavad Zarif told Russian news agency RIA on Tuesday that Iranwas close to an oil sales deal with the European Union, despitethe sanctions which have been re-imposed by the United States.
Read in Reuters: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Thursday 5/9/19 did update on the indicative rates Sell Rate 1190
The currency auction is 217, 537,220
There are no news and announcements.
The Central Bank of Iraq announces the governance and institutional management of ICT in the banking sector
To all banks and all licensed electronic payment service providers.
May 09, 2019
To all banks and all licensed electronic payment service providers.
May 09, 2019
To all banks and all licensed electronic payment providers (Corporate Governance and Corporate Governance for Information and Communication Technology in the Banking Sector) ... Click here to view
Click on link above for update.
Change %
0.08%
Value Traded
1,834,453,340
Shares Traded
3,509,040,878
ISX ended in Red.
Kauaihn Chatter:dd
http://www.dinarguru.com/
5-9-2019 Intel Gurus Frank26 & Delta [...if the Emir of China is going to DC and they do actually make a deal this week then i believe we could see what we seek on Sunday...all imo]
Frank26: I...SECOND THAT EMOTION...
DELTA: I...THIRD THAT...
Frank26: I...SECOND THAT EMOTION...
DELTA: I...THIRD THAT...
5-8-2019 Newshound/Intel Guru Mnt Goat "IMF STAFF COMPLETES 2019 ARTICLE IV MISSION ON IRAQ" This is the article IV consultation session we have been waiting for since last year and it was postponed twice in 2018. We knew any reinstatement could not occur outside of the early January-march period without this last consultation. Now we have it. ...Am I saying the reinstatement is now free to go? No, there are still approvals and the will of the CBI and the Finance Committee to approve it and go ahead. There are no signs they intend to do this now. But at least now we know we are getting closer and there are possibilities.
5-8-2019 Intel Guru MarkZ [So the RV has started- just hasnt gotten to our turn yet?] Yes... When i came into this 10+ years ago i was told it was supposed to be happening then!!! I have hung in here and ...i am still here and at this point i am very happy that it hasn't happened sooner because we would not have learned the things we have to better protect ourselves. Feel confident now and looking forward to this process finally coming to an end!!!
5-8-2019 Intel Guru Eagleone2025 RUSSIA IS MOVING ITS WAR SHIPS INTO THE MIDDLE EAST B-52 ON STAND BY. ALL MILITARY TEAMS ARE IN PLACE IN MIDDLE EAST THERE IS STILL A LOT OF NAVAL FORCE MOVEMENT. THIS IS THE PERFECT STORM FOR THE RV. REMEMBER THIS IS JUST A PROCESS THE INTEL IS VERY SLOW THIS MORNING. MILITARY OPERATION ARE IN THE WORKS. THERE IS A LOT OF MOVEMENT… WHITE HOUSE DEAL ARE LOOKING VERY GOOD ….CHINA AND TRUMP ARE A LOT AHEAD THEN THE NEWS STATES. DEALS ARE BEING DONE. BANK MEETINGS ARE GOING ON …. HSBC AND TREASURY OFFICIALS ARE WORKING OUT PROCESS TODAY.... MEETING INTO THIS EVENING. SIT TIGHT.
5-8-2019 Newshound Guru MilitiaMan Article: "URGENT Pompeo arrives in Baghdad to meet Abdul-Mahdi and Foreign Minister" With this now urgent article showing Pompeo in Iraq for a short and sweet visit, fits the bill imo!
5-8-2019 Intel Guru Frank26 ...So they don't show up... So Trump says ok we're jacking you up from 10% to 25% on your tarriffs by this coming Friday. So China says ok we'll be there. The next thing we know Pompeo shows up in Iraq...he says we're getting some things done...China's almost done. There's a combination of China, the USA, Iraq and Iran...that is going to open a lock to the Re-Instatement of the Iraqi dinar. [post 2 of 2]
5-8-2019 Intel Guru Frank26 IMO, I believe the President of the U.S. is in control of the whole RI of the Iraqi dinar & his dealings with China because they're digging up Iraq...not just with China but with others that are working with Donald Trump. So he tells China get your financial negotiator here...we have got to do some things and finalize it with you regarding Iraq ...because I have business to do with Iraq and you're postponing it. [post 1 of 2....stay tuned]
5-8-2019 Intel Guru Bruce We have certain countries like Japan, like the United States, and a few other countries that are already Basel 4 compliant. The countries that are Basel 3 compliant are good to go for the exchanges. If a country is not Basel 3 compliant is a go around. It is a work around, go around until they are. So, everything is really moving along really excellently this time. I am ready for this to start and go just as everybody else...Have everything ready to go because this is finally looking like it is our time. [post 2 of 2]
5-8-2019 Intel Guru Eagleone2025 RUSSIA IS MOVING ITS WAR SHIPS INTO THE MIDDLE EAST B-52 ON STAND BY. ALL MILITARY TEAMS ARE IN PLACE IN MIDDLE EAST THERE IS STILL A LOT OF NAVAL FORCE MOVEMENT. THIS IS THE PERFECT STORM FOR THE RV. REMEMBER THIS IS JUST A PROCESS THE INTEL IS VERY SLOW THIS MORNING. MILITARY OPERATION ARE IN THE WORKS. THERE IS A LOT OF MOVEMENT… WHITE HOUSE DEAL ARE LOOKING VERY GOOD ….CHINA AND TRUMP ARE A LOT AHEAD THEN THE NEWS STATES. DEALS ARE BEING DONE. BANK MEETINGS ARE GOING ON …. HSBC AND TREASURY OFFICIALS ARE WORKING OUT PROCESS TODAY.... MEETING INTO THIS EVENING. SIT TIGHT.
5-8-2019 Newshound Guru MilitiaMan Article: "URGENT Pompeo arrives in Baghdad to meet Abdul-Mahdi and Foreign Minister" With this now urgent article showing Pompeo in Iraq for a short and sweet visit, fits the bill imo!
5-8-2019 Intel Guru Frank26 ...So they don't show up... So Trump says ok we're jacking you up from 10% to 25% on your tarriffs by this coming Friday. So China says ok we'll be there. The next thing we know Pompeo shows up in Iraq...he says we're getting some things done...China's almost done. There's a combination of China, the USA, Iraq and Iran...that is going to open a lock to the Re-Instatement of the Iraqi dinar. [post 2 of 2]
5-8-2019 Intel Guru Frank26 IMO, I believe the President of the U.S. is in control of the whole RI of the Iraqi dinar & his dealings with China because they're digging up Iraq...not just with China but with others that are working with Donald Trump. So he tells China get your financial negotiator here...we have got to do some things and finalize it with you regarding Iraq ...because I have business to do with Iraq and you're postponing it. [post 1 of 2....stay tuned]
5-8-2019 Intel Guru Bruce We have certain countries like Japan, like the United States, and a few other countries that are already Basel 4 compliant. The countries that are Basel 3 compliant are good to go for the exchanges. If a country is not Basel 3 compliant is a go around. It is a work around, go around until they are. So, everything is really moving along really excellently this time. I am ready for this to start and go just as everybody else...Have everything ready to go because this is finally looking like it is our time. [post 2 of 2]
5-8-2019 Intel Guru Bruce What is really interesting a lot has been happening, but we have been in a slow and soft roll out of this RV GCR. ...What also happened yesterday is we had brand new live rates of the currencies on the screens... Now I have heard of a few rates. I cannot give rates this time. They do not want those out there, but I can tell you if you remember the last time when we talked about the Dinar is higher than it was then. Iraq should put out tomorrow this final disclosure in the Gazette of whatever they are doing with their Parliament, and quite possibly their new rate on the Iraqi Dinar. Least that is supposed to happen on Wednesday which is their day to publish their official Gazette, their official record. [post 1 of 2....stay tuned]
5/8/2019
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 @IraqiGovt 5-9-2019 around 6:05 am Eastern
The Iraqi Air Force takes delivery of a new batch of F16 fighter jets. The @IraqiGovt is working to strengthen Iraq’s defence capabilities and to provide world-class training to the Iraqi armed forces.
*************
ARTICLE 3
Abdul Mahdi's office publishes details of what went on between the prime minister and the US secretary of state
2019/5/8 15:50
[Baghdad-where]
The media office of the Prime Minister revealed Wednesday the details of the surprise visit of US Secretary of State Mike Pompeo to Baghdad and his meeting with Prime Minister Adel Abdul Mahdi.
"The United States is an important strategic partner for Iraq and Iraq is continuing its balanced policy that builds bridges of friendship and cooperation with all friends and neighbors, including neighboring Iran," the office said in a statement today.
"Iraq wants to develop relations with the United States and with the rest of neighboring countries and friends in various fields," he said, stressing that "Iraq builds its relations with all on the basis of putting Iraq's interests first and working to deepen the participants without stopping differences."
He pointed out the importance of resolving all differences through sincere and constructive dialogue, stressing that "Iraq has returned to play its role in the region to return Baghdad to a place where everyone meets and not a place for conflict and conflict."
For his part, US Secretary of State Mike Pompeo expressed his happiness with the efforts and role of the Iraqi government and its efforts to extend security and attract foreign investment and expertise, including the special relations with the United States.
He praised the decision of the Council of Ministers to support the efforts of the Ministry of Oil to agree with the company, "Exxon Mobil" US on the South Integrated Project, indicating his understanding of Iraq's positions on the issues.
The meeting was attended by Assistant Secretary of State for Near Eastern Affairs Abdulmahdi Pompio and Ambassador David Satterfield.
Pompeo's visit to Baghdad on Tuesday came after two phone calls between Prime Minister Adel Abdulmahdi and Pompio on Saturday and Monday.
*************
ARTICLE 4
Iraq renews its commitment to the (OPEC +) agreements before the Jeddah meeting
BAGHDAD - May 9 - Oil Minister Thamir al-Ghadhban on Thursday stressed Iraq's keenness to stabilize world oil prices and be fair to the producing countries, stressing the commitment to what was agreed with the members of the (OPEC) and countries from outside, (OPEC +), , And while revealing the participation in the Jeddah conference next, said the development of a plan to raise the production of Kirkuk fields to one million barrels per day.
"Iraq is keen to provide oil supplies to consumer countries and to stabilize the world market, provided there is a fair price for the producing countries," the newspaper quoted al-Ghadhban, who is also deputy prime minister for energy, as saying. "Prices are now in a better position than they were on him".
He added that "Iraq has great capabilities to increase this energy, but aware of the importance of the stability of the market and the removal of surplus oil, it will not resort to changing its oil policy and its commitment to ( OPEC ").
Al-Ghadhban stressed that "Iraq has no intention to change its production and export policy now, and if there is a need to increase production or export, for every recent incident, noting that on the 19th of this month will witness the convening of the Ministerial Committee to monitor production in Jeddah, And outside the reduction and the quantities of crude pumped to the world markets, stressing that Iraq will not take a stand alone without coordination with (OPEC) and beyond. "
"The price of oil in world markets is much better than it was," he said, noting that "from now until 19 this month, there will be time to assess the reactions in the market and will prices continue to increase or stabilize?"
"All the countries in (or outside) OPEC have the means to supply the required supplies, so there is no fear on this side," he said.
He said that "Iraq is currently exporting through the port of Ceyhan, about 90 thousand barrels of oil produced there, and the remaining goes to domestic production"
Al-Ghadhban said that "his ministry has the capacity to upgrade these fields to higher levels and increase by not less than 50 percent and reach to one million barrels per day, up from the current level of 400 thousand, which exports between (80 - 90) thousand barrels per day through the export pipeline In the province of Kurdistan and linked to the area (Fisch Khabur) Bnnobob (Iraqi - Turkish) and reach the port of Ceyhan, and receive these oil and deposited with a reservoir dedicated to it and sold at international prices by the oil marketing company (Sumo). "
*************
ARTICLE 5
Moroccans boycott onions during Ramadan. Find out why
2019/5/7 14:23
[Follow-up]
Moroccan activists launched a campaign to boycott onion because of high prices, the first day of Ramadan, which falls on Tuesday in the Kingdom.
The social networking sites in Morocco called for a "Khayla Yakhnaz" which means "let it spoil". He called on activists not to buy onions and other items that were known to rise in price due to the demand of citizens during the month of Ramadan.
The price of onions reached 15 dirhams ($ 5.3) per kilogram, and activists considered the price high, after it was less than 6 dirhams (0.6 dollars) per kilogram weeks ago.
"Unfortunately, the prevailing culture among the installment traders during Ramadan is the increase, which does not include wholesale markets," Moroccan minister in charge of public affairs and governance, Lahcen Daoudi, told parliament on Monday.
"The authorities in his country are watching the wholesale markets and can not watch the installment traders," Daoudi said.
"Citizens are contributing to higher prices through the high demand for purchase, which sometimes exceeds their needs during the early days of Ramadan," he said.
He explained that: "There is an exploitation of the high demand for food, in order to increase prices," and called on citizens to contact the authorities in case of inspection of monopoly or corrupt materials.
No comments:
Post a Comment