WOTS Tuesday 5/14/19:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1186.0000 | 1186.0000 | 1186.0000 | | 04:55 |
| USD/VND | | | 23345.0000 | 23294.0000 | 23294.0000 | | 03:15 |
| USD/CNY | | | 6.8860 | 6.8651 | 6.8684 | | 04:57 |
| USD/KWD | | | 0.3039 | 0.3032 | 0.3033 | | 04:55 |
| GBP/USD | | | 1.2971 | 1.2923 | 1.2956 | | 04:57 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 04:55 |
| USD/IDR | | | 14658.0000 | 14278.0000 | 14488.0000 | | 04:56 |
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Foreign Minister discusses with his Qatari counterpart joint solutions to end regional crises
Editorial Date: 2019/5/14 10:38 • 151 times read
(VOI) - Foreign Minister Mohammed Ali al-Hakim on Tuesday discussed joint solutions to end crises in the region peacefully during a telephone conversation with his Qatari counterpart Mohammed bin Abdul Rahman.
"The minister expressed the interest of Iraq to develop bilateral cooperation between the two countries in all fields," the foreign ministry said in a statement received by Al-Furat News. "The depth of relations and the keenness to develop them."
The two sides discussed "ways to elevate relations to a wider horizons and to live up to the aspirations of the two brotherly peoples."
The two sides discussed "the latest developments in the region and the need for joint solutions to end the crisis peacefully." is over
The two sides discussed "ways to elevate relations to a wider horizons and to live up to the aspirations of the two brotherly peoples."
The two sides discussed "the latest developments in the region and the need for joint solutions to end the crisis peacefully." is over
To the Supreme Council for the fight against corruption: Strike and make sense to win the trust of your people
14/05/2019 11:57 PM |
From the moment it was announced the formation of the Supreme Council to combat corruption in Iraq and our Iraqi people eagerly looking forward to hear courageous decisions and the joy of the issuance, which includes the opening files of serious administrative and financial corruption that confines the noses and that relate to all joints of the state and its various institutions ..
Yes, the shadow of our people and is still waiting to hear reports of painful blows to the corrupt and the hordes who looted public money and put us on the "Marwa rug" ..
And the Iraqis will hear it from the far north to the far south. Silence and the lack of "garbage rubbish" will certainly lose the people's trust in this vital regulatory institution that has put all its eggs in its basket. Here we repeat the call again, third and tenth to the Supreme Council for the fight against corruption and tell him mouth full: No compromise and not compromise, but strike and Vajoa to win the confidence of your people to you .. We want the heads of corruption and systematic looting of public money has rolled for the trampling and ankles of the legs of the people is not sorry, Is the punishment of all those who betrayed the Secretariat and exceeded the public money and the wealth of the country and the people ..
We are waiting for your good news and joyful anti-corruption and do not let despair sneak into the souls originally thirsty to see a homeland free of whales that have been convicted of stealing public money and our predestination. d
Political analyst explains the reasons for the struggle for the post of governor of Nineveh
Editorial date:: 05/14/2019 • 98 times scheduled
[Baghdad: Al-Furat News} Political analyst, Ihsan al-Shammari, explained the reasons for the struggle for the post of governor of Nineveh.
Al-Shammari, in a tweet on Twitter, attributed the political struggle over the post to "oil wells, reconstruction allocations, ports, transit strategy, security and political weight."
The Ninewa provincial council was elected, Monday, Mansour al-Muradid governor of Nineveh, amid a charged atmosphere after he received 28 votes and was elected Sirwan Mohammed as the first deputy executive by 21 votes. "
The election of the governor provoked a wide controversy over the governor, Noufal al-Aakoub, on charges of corruption.
And boycotted the meeting 12 members amid the rejection of parliamentary and legal and exit demonstrations against the voting process that took place in a tense atmosphere, especially as the prosecutor has issued a decision to open an investigation after the allegations of receiving members of the Nineveh Provincial Council bribes in exchange for the vote.
The election of the new governor caused a wide political dispute between the political forces, especially the Sunni, where he announced the dissolution of the Axis alliance and the re-formation of the alliance of Iraqi forces.
The Ninewa provincial council was elected, Monday, Mansour al-Muradid governor of Nineveh, amid a charged atmosphere after he received 28 votes and was elected Sirwan Mohammed as the first deputy executive by 21 votes. "
The election of the governor provoked a wide controversy over the governor, Noufal al-Aakoub, on charges of corruption.
And boycotted the meeting 12 members amid the rejection of parliamentary and legal and exit demonstrations against the voting process that took place in a tense atmosphere, especially as the prosecutor has issued a decision to open an investigation after the allegations of receiving members of the Nineveh Provincial Council bribes in exchange for the vote.
The election of the new governor caused a wide political dispute between the political forces, especially the Sunni, where he announced the dissolution of the Axis alliance and the re-formation of the alliance of Iraqi forces.
Leadership in wisdom: The policy traders in Nineveh and Basra and their domination calls for quick decisions
Editorial Date: 14/5/2019 1:37 • 48 times read
(Baghdad: Al Furat News) Description of the member of the Political Bureau of the current wisdom, Fadi Shammari, what is happening deals shameful in the province of Nineveh issue of the election of the governor, scandalous scandal behind the leading corruption and well-known policy traders.
He said in a tweet to him today that "the suffering of the two largest provinces in Iraq, Nineveh and Basra, from the corrupt and corrupt politicians to stop and take realistic measures to break the thorn of corruption," calling on the House of Representatives and the Council of Ministers to "take quick decisions to reduce these phenomena, "He said.
"We salute the fair and courageous voices, especially those that stood before the temptations and the means of intimidation and seduction of some members of the Ninewa Provincial Council honored."
"We salute the fair and courageous voices, especially those that stood before the temptations and the means of intimidation and seduction of some members of the Ninewa Provincial Council honored."
Iran's Revolutionary Guards chief threatens Kurdistan
14 May, 2019
The head of Iran's Revolutionary Guards, Hossein Salami, said that the territory of the Kurdistan region "will be at the mercy of Iranian missiles" in the event of any logistical assistance or the use of territory of the territory as a starting point to strike Iran.
This comes amid US warnings to the two main parties in the region, the Kurdistan Democratic Party and the Patriotic Union of Kurdistan, to show any cooperation with the Iranian side, according to Kurdish sources.
Iraqi sources reported that the Deputy Secretary of State for Middle East Affairs David Satterfield, explicitly asked Kurdish leaders during his recent visit to the region, to stop dealing with Iran, as part of the campaign led by Washington against Tehran and its destabilizing role in the region.
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Iraq and Kuwait sign important agreement
Editorial date:: 5/14/2019 8:45 • 519 times read
{International: Al Furat News} The Kuwaiti Ministry of Finance announced its signature and its Iraqi counterpart an agreement to avoid double taxation and prevent financial evasion with respect to taxes on income and capital.
The ministry said in a statement that the agreement includes multiple advantages related to exemptions and tax cuts on investments or business in Kuwait or Iraq.
She added that the agreement signed by the Kuwaiti side and Undersecretary of State Saleh al-Sarawi and his Iraqi counterpart Maher Johan aimed at removing the financial obstacles that can restrict the movement of capital and trade between the two countries through the non-duplication of taxes on funds or individuals.
The agreement was signed on the sidelines of the seventh session of the Iraqi-Kuwaiti High Joint Committee which was hosted by Kuwait on 11 and 12 May under the chairmanship of Deputy Prime Minister and Foreign Minister Sabah Al-Khalid Al-Hamad Al-Sabah and Foreign Minister Mohammad Al-Hakim.
She added that the agreement signed by the Kuwaiti side and Undersecretary of State Saleh al-Sarawi and his Iraqi counterpart Maher Johan aimed at removing the financial obstacles that can restrict the movement of capital and trade between the two countries through the non-duplication of taxes on funds or individuals.
The agreement was signed on the sidelines of the seventh session of the Iraqi-Kuwaiti High Joint Committee which was hosted by Kuwait on 11 and 12 May under the chairmanship of Deputy Prime Minister and Foreign Minister Sabah Al-Khalid Al-Hamad Al-Sabah and Foreign Minister Mohammad Al-Hakim.
The Strait of Hormuz is a strategic artery for energy transfer between East and West
14/05/2019 2 hours ago |
The presence of Iranian naval forces in the Strait of Hormuz is the biggest threat to oil transportation Photo: AFP
The width of the strait is 33 kilometers in its smallest part, but the navigational path is only 3 kilometers wide in both directions.
The US Energy Information Administration estimated that 18.5 million barrels of sea-transported oil per day crossed the Strait in 2016. That accounted for about 30 percent of the crude and other oil liquids shipped by sea in 2016, according to a Reuters report.
The estimated 17.2 million barrels per day of crude and condensates were transported across the strait in 2017, and about 17.4 million barrels per day in the first half of 2018. With global oil consumption reaching about 100 million barrels a day, it means that about five Across the strait, most of the crude exports are exported from Saudi Arabia, Iran, the United Arab Emirates, Kuwait and Iraq, all of which are members of the Organization of the Petroleum Exporting Countries (OPEC), and almost all Qatar's production of liquefied natural gas (LNG). His world.
During their war between 1980 and 1988, Iraq and Iran sought to block the oil exports of the other country in what was then known as the tanker war.
An analyst at RBS Bank said: B. "Although the presence of the Fifth US Fleet in Bahrain is supposed to ensure that the vital waterway remains open, it is likely that in the near future Iran will conduct provocative military maneuvers and resume its nuclear activities as well," said R & B. "All these geopolitical factors may suggest that a tough summer awaits US President Donald Trump as he tries to keep oil prices under control," he said.
The UAE and Saudi Arabia are seeking other ways to avoid passage through the Strait of Hormuz, including the extension of more oil pipelines. The International Energy Agency (IEA) has identified existing pipelines and proposed projects, the most important of which are the non-Strait Hormuz pipelines, the East- Which is a working Saudi pipeline with a capacity of 4.8 million barrels per day, which is already exploited 1.9 million barrels per day, while its unexploited capacity 2.9 million barrels per day, and Abu Dhabi crude oil pipeline, a working line of 1.5 million barrels per day, Million barrels while reaching The unexploited capacity of one million barrels, and the Abqaiq line for natural gas liquids, a Saudi pipeline with a capacity of 300,000 barrels per day. It is fully exploited, and the Iraqi pipeline in Saudi Arabia is a natural gas pipeline. 6.6 million barrels per day, of which 2.7 million barrels are used, while the unused capacity reaches 3.9 million barrels.
The Strait of Hormuz experienced historic tensions. In July 1988, the American warship Vincennes dropped an Iranian aircraft, killing 290 people, all of whom were on board. Tehran said it was a deliberate attack in what Washington said was an incident in which the crew thought the aircraft was a fighter jet, The US said Vincennes was in the area to protect neutral ships from Iranian naval attacks. In early 2008, the United States said Iranian boats threatened its warships after approaching three US Navy vessels in the strait. In June 2008, Iran's Revolutionary Guards commander, On Afar said Iran would impose restrictions on traffic in the strait if it was attacked, and in July 2010 came under the Japanese oil tanker M. Star attack in the strait. In January 2012, Iran threatened to close the Strait of Hormuz in response to US and European sanctions targeting its oil revenues in an attempt to halt Tehran's nuclear program. In May 2015, Iranian vessels fired shots, A tanker was seized in the strait. In July 2018, Iranian President Hassan Rowhani hinted that his country could disrupt oil transit through the Strait of Hormuz in response to US calls to cut exports Iran from Raw to Zero, K. A commander of the Revolutionary Guards said Iran would halt all exports through the strait if Iranian exports were stopped.
Parliamentary integrity in the opening of files "very important"
Date of release:: 2019/5/14
(Baghdad: Al-Furat News) The head of the Commission on Parliamentary Integrity MP Hisham al-Suhail, on Monday, the news transmitted by some sites on the sale and purchase of presidencies of committees within the parliament.
He warned Suhail in a statement received by the agency {Euphrates News} copy of it "all sites that publish false news about the sale and purchase of the Presidency of the Integrity Commission," pointing out that "will sue those who launch these rumors in the future and this is a final warning to the owners of agendas that want to affect the work of the Committee" .
He stressed that "the chairmanship of the Integrity Committee will be the share of the Sunni component."
Al-Suhail said that "the committee is now in the process of opening files very important and it was able to short-term legislation of the law to recover the money of Iraq has been read other laws read first and second and host a number of other officials in state institutions and is working to fight corrupt in all joints of the government.
He stressed that "the chairmanship of the Integrity Committee will be the share of the Sunni component."
Al-Suhail said that "the committee is now in the process of opening files very important and it was able to short-term legislation of the law to recover the money of Iraq has been read other laws read first and second and host a number of other officials in state institutions and is working to fight corrupt in all joints of the government.
Ministry of Electricity unveils new project and announces hours of processing
Editorial date: • 2019/5/14 8:14 • 1004 times prescribed
{Baghdad: Al-Furat News} The Ministry of Electricity prepared a plan to encourage the erection of solar units on the roofs of the role and government institutions and rely on them to save energy.
"The ministry is moving towards the use of renewable and clean energy to generate electricity, as a package of investment projects to build solar plants in a number of provinces to generate about 750 megawatts was launched," Minister of Electricity Luay al-Khatib said in a press statement.
The ministry is currently studying the selection of the companies executing the project, announcing that it has prepared a plan to add 500 MW to the system by adopting the solar station on the basis of investment through the installation of solar panels by citizens on the roofs of their homes to provide electricity to them.
Khatib added that his ministry has prepared an integrated program to encourage the project in addition to setting solar units in government institutions, noting that this will contribute to provide electricity to beneficiaries at low prices in addition to the system additional cards.
He stressed that "the production of energy in the country exceeded the current 15 thousand megawatts compared to 11 thousand megawatts for the same period last year, which allows the processing of citizens by 20 hours a day, exposing the goal of his ministry access to production to 18 thousand megawatts over the next few days," stressing that The reality of electricity will continue to improve gradually until self-sufficiency, provided the conditions are appropriate. "
The Minister of Electricity said that "the joints of the network have suffered a lot of degradation and neglect for decades, and have seen great damage to the joints because of the wars, and therefore the processes of rehabilitation of a reliable time requires, explaining that the electricity sector consists of three joints: production, transport and distribution, which suffered significant damage And suffered from the foot. "
"The recent war on terror in the liberated areas has destroyed nearly 25 percent of the production capacity, which was already operating at 50-60 percent, as well as the destruction of up to 20 percent of the transmission and distribution networks," he said.
Khatib said that his ministry instead of adding energies to those areas, worked to rehabilitate them to ensure access to electricity, which caused waste of funds and tools and spare time, expressing the hope that the status of electricity during the next period, much better than before.
The ministry is currently studying the selection of the companies executing the project, announcing that it has prepared a plan to add 500 MW to the system by adopting the solar station on the basis of investment through the installation of solar panels by citizens on the roofs of their homes to provide electricity to them.
Khatib added that his ministry has prepared an integrated program to encourage the project in addition to setting solar units in government institutions, noting that this will contribute to provide electricity to beneficiaries at low prices in addition to the system additional cards.
He stressed that "the production of energy in the country exceeded the current 15 thousand megawatts compared to 11 thousand megawatts for the same period last year, which allows the processing of citizens by 20 hours a day, exposing the goal of his ministry access to production to 18 thousand megawatts over the next few days," stressing that The reality of electricity will continue to improve gradually until self-sufficiency, provided the conditions are appropriate. "
The Minister of Electricity said that "the joints of the network have suffered a lot of degradation and neglect for decades, and have seen great damage to the joints because of the wars, and therefore the processes of rehabilitation of a reliable time requires, explaining that the electricity sector consists of three joints: production, transport and distribution, which suffered significant damage And suffered from the foot. "
"The recent war on terror in the liberated areas has destroyed nearly 25 percent of the production capacity, which was already operating at 50-60 percent, as well as the destruction of up to 20 percent of the transmission and distribution networks," he said.
Khatib said that his ministry instead of adding energies to those areas, worked to rehabilitate them to ensure access to electricity, which caused waste of funds and tools and spare time, expressing the hope that the status of electricity during the next period, much better than before.
Siemens is cutting 10,000 jobs and selling 59 percent of its health in the gas and power unit
Tuesday 14 May 2019
Germany's Siemens announced on Tuesday that it would cut about 10,000 jobs and sell 59 percent of its stake in the gas and power unit.
Germany's Siemens plans to shut down its gas and power unit while cutting costs, but is now targeting more utilities in markets such as Iraq, The National reported.
Siemens' Gas and Power , which is concerned with the generation and transfer of conventional energy, will be "fully independent" and will prepare for an initial public offering and 59 percent of its stake in the takeover by Siemens Gamesa of the gas and power unit, Recently with Iraq to go to another company.
The Middle East site quoted the company as intent to cut costs by 2.2 billion euros, to be implemented by 2023, including a reduction of about 10,000 jobs, despite its alleged request for staff to its branch in Iraq, which questioned the health professionals, after signing what he described as "larger "A contract with the Iraqi government. Finished
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The Huge Tax Break Retirees Might Not Know About
People who have retired, but still pull down some income on a contract or freelance basis, might be eligible to take advantage of a sizable tax deduction.
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The top 15 countries with the most billionaires, ranked
The US has the most billionaires. Fifteen countries account for 75% of the world's billionaire kpopulation and 79% of the world's billionaire wealth, according to Wealth-X's 2019 Billionaire Census report. The US dominates, with 705 billionaires who have a collective wealth of more than $3 trillion. All the top Asia-Pacific countries saw a decrease in billionaire population while major European countries saw variations in billionaire growth. Visit Business Insider's homepage for more stories.
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Here’s the biggest news you missed this weekend
New Orleans flooding, Peggy Lipton and Alyssa Milano make up the weekend's top news.
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PRECIOUS-Gold falls as U.S.-China trade stand-off weighs on yuan
* Gold stuck in neutral $1,284-$1,291/oz range -technicals
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METALS-Copper prices drop amid U.S.-China trade deadlock
Copper prices fell on Monday,pressured by concerns over the outlook for the global economy asWashington and Beijing appeared at a deadlock in talks to end abitter trade war.
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METALS-Copper prices fall amid deadlock in U.S.-China trade talks
(Adds comment, updates prices)
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When the Dust Settles: The Bitfinex Probe Reveals Structural Weaknesses
The Bitfinex probe highlights not just the lack of reliable banking, but also – somewhat overlooked – the lack of auditing services, says Noelle Acheson.
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Unless you want your payment card data skimmed, avoid these commerce sites
A skimming campaign continues to infect sites with malicious JavaScript.
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Revisiting small loans rules crucial to maintaining access to credit for vulnerable consumers
The truth is that millions of Americans would be worse off without access to small-dollar loans.
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Hold Tight for Volatility as Trade Turmoil Rattles Markets Anew
Investors are standing by for a fresh bout of market turmoil as President Donald Trump turns up the heat on Beijing over trade.
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The trade war is now the biggest risk to markets
The 2019 market rally has been impressive. Now it faces a big obstacle: trade.
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Trade-war scenarios force investors to rewrite playbook
All it took was two lunchtime tweets last Sunday, sandwiched between posts complaining about the results of the Kentucky Derby and another gripe about “Angry Democrats,” for investors around the world to rip up their playbooks for 2019.
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Treasury yields move lower on US-China trade tensions
U.S. government debt prices were higher on Monday as concerns over the ongoing trade war between the U.S. and China took center stage.
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Bitcoin [BTC]: King Coin rallies past 50,000 RMB and 800,000 YEN resistance as Asian shadow fades
The massive Bitcoin [BTC] parabolic bullish swing shattered resistance and psychological levels alike. Since breaking $5,000 in early April, nothing has broken the top cryptocurrency’s surge, and now the looming Chinese shadow hovering at $7,300 has also been surpassed. With a slew of significant bumps occurring since the April ascendance, many expected Bitcoin to halt...
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Bitcoin [BTC] and Litecoin [LTC] Price Analysis: BTC surpasses $7,000, LTC follows suit
The collective cryptocurrency market was climbing after the recent Bitcoin bullish swing as the market cap hit $219.8 billion. Bitcoin [BTC] continued to trade higher and surpassed a major resistance point at $7,000. Its silver counterpart Litecoin [LTC] also followed suit to break past the much-anticipated $90-mark. 1-day BTC chart The largest cryptocurrency by market...
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Ethereum [ETH] and Tron [TRX] Price Analysis: Bulls march in as coins post significant rallies
Ethereum [ETH] and Tron [TRX] managed to surpass the bear and smashed resistances at different points following the latest Bitcoin sprint. 1-day ETH chart The second largest cryptocurrency by market cap, Ethereum [ETH], exhibited a massive rally of 10.38% over the last 24 hours and was priced at $196.67. The coin registered a 24-hour trading...
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Stocks, Yuan Decline as China Retaliation Awaited: Markets Wrap
Stocks in Asia fell along with U.S. and European equity futures, the yuan and Treasury yields as investors awaited details on the counter-measures China warned it would impose following last week’s escalation in the trade war between the world’s top two economies.
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Chart: The mortality rate ranking for each state, by disease
Between the lines: The death rates from pretty much every major cause — heart disease, cancer, Alzheimer's, diabetes, suicide, sepsis, guns, infant mortality — remain highest in the South, according to updated data from the CDC.
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New breast cancer test from Olivia Newton-John’s charity to be trailed
The potentially ground breaking test developed in Melbourne will initially be used to test for returning cancer in patients in remission, with 18,000 women diagnosed in Australia every year.
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What Body Fat Percentage Do You Need to See Abs? Experts Have the Answer
If you're getting leaner by working out and eating clean, you might be wondering when you'll start to see your abs pop. But how many crunches you do won't determine whether you have a six-pack or not — it's all about your overall body fat percentage.What's Body Fat Percentage, and How Is It Measur ...
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Running Burns Belly Fat, but It Comes Down to This 1 Important Thing, According to an Expert
Not sure where to begin if your goal is to lose belly fat? You're not alone. There isn't a set prescription to reduce the fat stored around your stomach, but there are a few expert-approved things you can do.The first is to stop trying to spot-reduce belly fat. Spot reduction is essentially trying t ...
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The Neurological Reason Laughter Could Be a Sign of Something Much Darker
When you hear something laugh, you probably picture them smiling with a friend. But the truth is that laughter isn't always positive of healthy. According to science, it can be classified into different types, ranging from genuine and spontaneous, stimulated, induced, or even pathological.
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California May Go Dark This Summer, and Most Aren't Ready
A plan by California’s biggest utility to cut power on high-wind days during the onrushing wildfire season could plunge millions of residents into darkness. And the vast majority isn’t ready for it.
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Applying ‘maximum pressure,’ Trump faces burgeoning crises overseas
Confrontations with North Korea, Iran and Venezuela grow sharper, as the president presses ahead with possible trade war against China.
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Kudlow: China has not 'come far enough' on trade negotiations
White House economic adviser Larry Kudlow said Sunday that China has "not come far enough" on trade negotiations, but that discussions will continue.
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MIDDLE EAST
Europe's Three Concerns About Iran
The question is: who will take the reins in Iran and make sure that the vast country does not morph into yet another "ungoverned territory" in the heart of the Middle East? I think the question is designed to dodge the issue of confronting a rogue regime that has provoked the current crisis. Iran has an old and well-established bureaucracy, dating back to the 16th century, and capable of operating within a strong culture of governance. Despite the serious damage done to state structures by the
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Iran Says Ball of Implementing INSTEX in Europe’s Court
The CEO of Iran Special Trade and Finance Institute (STFI) says Tehran has set up the mirror mechanism proportionate to the EU's INSTEX channel and now the ball is in the Europeans’ court to run the Instrument in Support of Trade Exchanges to protect trade with Tehran.
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Saudi royals become the biggest losers as Uber goes in reverse
Some of Uber’s biggest backers, including the Saudi sovereign wealth fund, have seen the value of their investments slam into reverse after the taxi app’s bumpy stock market debut.
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Saudi prince's scorecard on new 'Vision' looks good — with caveats
The kingdom will need more time to make the changes it wants and, for now, oil remains the focus.
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Belgian leaders mull suspension of Saudi arms sales after probe
Belgian leaders are mulling the suspension of arms sales to Saudi Arabia, national broadcaster RTBF said after it was reported they had been used in Yemen. Foreign Minister Didier Reynders told RTBF on Saturday: "I think it would be good to suspend arms deliveries to Saudi Arabia" if it were shown they had been used "in an ongoing conflict, such as in Yemen," in which case he said the regional Walloonian government "must" take that decision. Belgium's constitution places responsibility for such
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Israel's Netanyahu to ask for more time to form government: spokesman
Prime Minister Benjamin Netanyahu will ask Israel's president for more time to form a new government, a spokesman said on Saturday.
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Trump's 'deal of the century' will give Israel control over West Bank settlements – report
The US peace deal for the Middle East includes establishing Israeli law over the Jewish settlements in the occupied West Bank, an Israeli TV channel has reported. The condition has been a no-go for Palestine.
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Pakistan to get $6bn IMF lifeline to ease economic crisis
The country has faced a growing economic crisis with dwindling foreign currency reserves.
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US issues security alert on Iraq amid regional tensions
US Embassy in Iraq issues security alert, warns Americans of heightened tensions in Iraq, advising against travel there
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Kenya: Njiraini - a Legacy of Missed Revenue Targets Despite Powerful Connections
When he leaves office this month, John Njiraini will perhaps look behind his time as Commissioner General at Kenya Revenue Authority (KRA) and feel proud. But to Kenyans, Mr Njiraini will go down in history as the man who never met revenue targets set for him by the Treasury throughout his tenure as the country's chief tax collector. TARGETS His tenure will be contrasted with that of his predecessor Mr Michael Waweru, who surpassed all targets so much so that then President Mwai Kibaki rewarded
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East Africa: Walking a Tightrope Between Giving Service and Loan Repayments
East Africa's finance ministers are walking a tightrope in their quest to finance recurrent government operations and keep major infrastructure projects on course amid falling tax revenues that have weakened key debt sustainability indicators. The region's debt service-to-total revenue ratios are coming under increasing pressure as governments struggle to achieve tax targets and the window for concessional loans narrows. Last week, the International Monetary Fund warned Uganda to go slow on its
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Africa: China Now Allays Fears of 'Debt Diplomacy'
Beijing has downplayed accusations that it is pressurising African countries that have been recipients of its loans to pay back the money or seize their assets. Tian Lin, the China International Development Co-operation Agency's spokesperson and also the director general of international co-operation, said among countries that acquired loans from Beijing, none was being pressured to pay back. "China has never pressured any country to pay back its loans; these are things spread by Westerners who
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Kenya Quietly Selling Third Eurobond in Europe and the Us to Finance Budget, Repay Lenders
Kenyan treasury officials quietly flew out to Europe and the United States to drum up support for a new $2.5 billion Eurobond--the country's third in five years. Nairobi's quest to take up a new Eurobond comes despite rising concern over the sustainability of the country's public debt in the wake of a slowdown in revenue growth. The EastAfrican has learnt that the Treasury officials were due to start meeting investors on Thursday May 9 to market the bond which is being sold in two tranches of 12
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US-China trade war: Major pain, little gain
Ultimately, the White House's current strategy needs improvement.
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China’s doves urge Beijing to find common ground with Washington
Amid mounting tensions with Washington, the doves among China’s communist elite are growing increasingly vocal in their urging for Beijing to take a more cautious approach. The trade dispute between the world’s two largest economies escalated on Friday…
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Could the Arctic chill US-China relations still further?
Tensions between China and the US have spilled over into the Arctic with US Secretary of State Mike Pompeo warning that Beijing’s “aggressive behaviour” in the polar north could create a “new South China Sea” conflict. Speaking at a meeting of the Arctic…
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US-China relations near new low amid trade battle
US-China relations test new lows amid bitter trade battle, political tensions
Read in ABC News: https://apple.news/APTI9-
China’s securities regulator lays out his bottom line for corporate governance to undergird markets for external shocks
China’s securities regulator has reiterated his resolve to crack down on malfeasance, outlining four types of corporate activities that breach the bottom line of good governance, as the country’s stock market reeled from a week of roller-coaster swings. …
Read in South China Morning Post: https://apple.news/
China says will “never surrender” as U.S. trade fight heats up
China will never surrender to external pressure, the government said on Monday, though stopped short of announcing how Beijing will hit back after Washington renewed its threat to impose tariffs on all Chinese imports in an escalating trade dispute.
Read in Reuters: https://apple.news/
Russia and far right spreading disinformation ahead of EU elections, investigators say
Less than two weeks before pivotal elections for the European Parliament, a constellation of websites and social media accounts linked to Russia or far-right groups is spreading disinformation, encouraging discord and amplifying distrust in the centrist parties that have governed for decades.
Read in The Independent: https://apple.news/AS_nJMBpQT_
After China, Will the EU Be the Next Target of Trump’s Tariffs?
When Chinese negotiators reportedly walked back some of their commitments to structural changes within the framework of a US-China trade deal late last week, US President Donald J. Trump threatened to increase tariffs on Chinese imports from 10 percent to 25 percent despite ongoing negotiations — a threat that became a reality at midnight on May 10. China announced retaliatory tariffs and Trump said he would impose tariffs of 25 percent on $325 billion in Chinese imports to the United States
Read in Atlantic Council: https://apple.news/A8OJ0hC-
Europe's populist nightmare won't end with Brexit
The UK's failure to leave the European Union has created an almighty headache in Brussels.
Read in CNN: https://apple.news/
UK could be 'sleepwalking into Remaining'
Brexit Secretary Stephen Barclay said politicians should 'roll up their sleeves', warning that if no deal is done by October the EU may not grant a further extension.
Read in Daily Mail: https://apple.news/
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GLOBAL/NEWS/INFO
Today in History
Read in ABC News: https://apple.news/A5_
The Huge Tax Break Retirees Might Not Know About
People who have retired, but still pull down some income on a contract or freelance basis, might be eligible to take advantage of a sizable tax deduction.
Read in Barron's: https://apple.news/
The top 15 countries with the most billionaires, ranked
The US has the most billionaires. Fifteen countries account for 75% of the world's billionaire kpopulation and 79% of the world's billionaire wealth, according to Wealth-X's 2019 Billionaire Census report. The US dominates, with 705 billionaires who have a collective wealth of more than $3 trillion. All the top Asia-Pacific countries saw a decrease in billionaire population while major European countries saw variations in billionaire growth. Visit Business Insider's homepage for more stories.
Read in Business Insider: https://apple.news/AQlERL-
Here’s the biggest news you missed this weekend
New Orleans flooding, Peggy Lipton and Alyssa Milano make up the weekend's top news.
Read in USA TODAY: https://apple.news/A-
OIL/COMMODITIES/ENERGY
PRECIOUS-Gold falls as U.S.-China trade stand-off weighs on yuan
* Gold stuck in neutral $1,284-$1,291/oz range -technicals
Read in Reuters: https://apple.news/A5z3w-
‘Oil’ and ‘Gas’ Are Out: How Energy Firms Are Rebranding for the Climate Change Era
But even with a fresh brand, you may face opposition.
http://fortune.com/2019/05/12/
Oil prices rise as Middle East tanker attack increases supply concerns
Oil futures rose on Monday on increasing concerns about supply disruptions in the crucial producing region of the Middle East even as investors and traders fretted over global economic growth prospects amid a standoff in the Sino-U.S. trade talks.
Read in Reuters: https://apple.news/
Oil futures rose on Monday on increasing concerns about supply disruptions in the crucial producing region of the Middle East even as investors and traders fretted over global economic growth prospects amid a standoff in the Sino-U.S. trade talks.
Read in Reuters: https://apple.news/
METALS-Copper prices drop amid U.S.-China trade deadlock
Copper prices fell on Monday,pressured by concerns over the outlook for the global economy asWashington and Beijing appeared at a deadlock in talks to end abitter trade war.
Read in Reuters: https://apple.news/
METALS-Copper prices fall amid deadlock in U.S.-China trade talks
(Adds comment, updates prices)
Read in Reuters: https://apple.news/
PLATINUM WEEK-Oversupply looms over investor bets on platinum rebound
Investors have poured cash intobets that platinum prices will revive after a decade ofdeclines, but excess supply is likely to keep a lid on gains.
Read in Reuters: https://apple.news/
Investors have poured cash intobets that platinum prices will revive after a decade ofdeclines, but excess supply is likely to keep a lid on gains.
Read in Reuters: https://apple.news/
BANKS/BANKING/CREDIT
When the Dust Settles: The Bitfinex Probe Reveals Structural Weaknesses
The Bitfinex probe highlights not just the lack of reliable banking, but also – somewhat overlooked – the lack of auditing services, says Noelle Acheson.
Read in CoinDesk: https://apple.news/Adnqyp8wBQ-
Unless you want your payment card data skimmed, avoid these commerce sites
A skimming campaign continues to infect sites with malicious JavaScript.
Read in Ars Technica: https://apple.news/
Revisiting small loans rules crucial to maintaining access to credit for vulnerable consumers
The truth is that millions of Americans would be worse off without access to small-dollar loans.
Read in The Hill: https://apple.news/
TREASURIES/BONDS/STOCKS
Hold Tight for Volatility as Trade Turmoil Rattles Markets Anew
Investors are standing by for a fresh bout of market turmoil as President Donald Trump turns up the heat on Beijing over trade.
Read in Bloomberg: https://apple.news/
The trade war is now the biggest risk to markets
The 2019 market rally has been impressive. Now it faces a big obstacle: trade.
Read in CNN Business: https://apple.news/AcLKVIl-
Trade-war scenarios force investors to rewrite playbook
All it took was two lunchtime tweets last Sunday, sandwiched between posts complaining about the results of the Kentucky Derby and another gripe about “Angry Democrats,” for investors around the world to rip up their playbooks for 2019.
Read in Bloomberg: https://apple.news/
Buying the dips may be a 'costly exercise': Investor
(checked) Martin Crabb of Shaw and Partners says it seems like investors are waiting to step into the market on pullbacks and that's "a little bit dangerous."
Read in CNBC: https://apple.news/
(checked) Martin Crabb of Shaw and Partners says it seems like investors are waiting to step into the market on pullbacks and that's "a little bit dangerous."
Read in CNBC: https://apple.news/
Treasury yields move lower on US-China trade tensions
U.S. government debt prices were higher on Monday as concerns over the ongoing trade war between the U.S. and China took center stage.
Read in CNBC: https://apple.news/
CRYPTO'S / DIGITAL CURRENCY
Above $7.5K: Bitcoin Price Hits Highest Level Since August 2018
Bitcoin’s price rose above $7,500 on most exchanges for the first time today in over 9 months marking a resurgence of the crypto bull market.
Read in CoinDesk: https://apple.news/
Bitcoin’s price rose above $7,500 on most exchanges for the first time today in over 9 months marking a resurgence of the crypto bull market.
Read in CoinDesk: https://apple.news/
Bitcoin [BTC]: King Coin rallies past 50,000 RMB and 800,000 YEN resistance as Asian shadow fades
The massive Bitcoin [BTC] parabolic bullish swing shattered resistance and psychological levels alike. Since breaking $5,000 in early April, nothing has broken the top cryptocurrency’s surge, and now the looming Chinese shadow hovering at $7,300 has also been surpassed. With a slew of significant bumps occurring since the April ascendance, many expected Bitcoin to halt...
Read in AMBCrypto: https://apple.news/AnlHMNF-
Bitcoin [BTC] and Litecoin [LTC] Price Analysis: BTC surpasses $7,000, LTC follows suit
The collective cryptocurrency market was climbing after the recent Bitcoin bullish swing as the market cap hit $219.8 billion. Bitcoin [BTC] continued to trade higher and surpassed a major resistance point at $7,000. Its silver counterpart Litecoin [LTC] also followed suit to break past the much-anticipated $90-mark. 1-day BTC chart The largest cryptocurrency by market...
Read in AMBCrypto: https://apple.news/
Ethereum [ETH] and Tron [TRX] Price Analysis: Bulls march in as coins post significant rallies
Ethereum [ETH] and Tron [TRX] managed to surpass the bear and smashed resistances at different points following the latest Bitcoin sprint. 1-day ETH chart The second largest cryptocurrency by market cap, Ethereum [ETH], exhibited a massive rally of 10.38% over the last 24 hours and was priced at $196.67. The coin registered a 24-hour trading...
Read in AMBCrypto: https://apple.news/
Bitcoin [BTC]: King coin’s miners earn fees eight times more than other top cryptocurrencies
The incredible price rally which stormed the market during the closing days of the previous week not only sent Bitcoin prices soaring, but also the fees for its miners. In comparison to other top cryptocurrencies, the king coin blew its competitors out of the water. According to a report based on Messari.io’s OnChain FX rankings...
Read in AMBCrypto: https://apple.news/
The incredible price rally which stormed the market during the closing days of the previous week not only sent Bitcoin prices soaring, but also the fees for its miners. In comparison to other top cryptocurrencies, the king coin blew its competitors out of the water. According to a report based on Messari.io’s OnChain FX rankings...
Read in AMBCrypto: https://apple.news/
CURRENCIES
Is US-China trade war starting to erode US dollar dominance?
The contemplation by Asian finance leaders to add the Chinese and Japanese currencies to a regional foreign reserves buffer fund is the latest sign that the trade war is causing countries to slowly move away from dependence on the US dollar. Their…
Read in South China Morning Post: https://apple.news/
Pound euro exchange rate: GBP/EUR rises even as cross-party Brexit talks deteriorate
This morning, the pound has risen slightly against the euro and the pairing is currently trading at around €1.158. Brexit talks between government ministers and Labour are set to continue today, and in the absence of any notable economic data releases, this will likely be the only cause of movement in the pairing. Shadow Brexit Secretary, Sir Keir Starmer has said that a cross-party Brexit deal would not get through Parliament unless there is a confirmatory vote, adding that without a new
Read in Express: https://apple.news/
https://www.investing.com/
Is US-China trade war starting to erode US dollar dominance?
The contemplation by Asian finance leaders to add the Chinese and Japanese currencies to a regional foreign reserves buffer fund is the latest sign that the trade war is causing countries to slowly move away from dependence on the US dollar. Their…
Read in South China Morning Post: https://apple.news/
Pound euro exchange rate: GBP/EUR rises even as cross-party Brexit talks deteriorate
This morning, the pound has risen slightly against the euro and the pairing is currently trading at around €1.158. Brexit talks between government ministers and Labour are set to continue today, and in the absence of any notable economic data releases, this will likely be the only cause of movement in the pairing. Shadow Brexit Secretary, Sir Keir Starmer has said that a cross-party Brexit deal would not get through Parliament unless there is a confirmatory vote, adding that without a new
Read in Express: https://apple.news/
Turkish finance minister hopes damage to economy from currency crisis will be short-lived
ISTANBUL (Reuters) - The Turkish economy will hopefully overcome the impacts of a currency crisis last year with just two quarters of contraction, Turkey's Finance Minister...
UPDATE 1-Turkish lira firmer, below 6.0 against dollar in early trade
(Adds details, background)
Read in Reuters: https://apple.news/
(Adds details, background)
Read in Reuters: https://apple.news/
China lowers yuan mid-point to 3-1/2-mth low
China's central bank loweredits official yuan midpoint to a fresh 3-1/2-month low of 6.7954per dollar on Monday, amid growing concerns over escalation ofthe Sino-U.S. trade war.
Read in Reuters: https://apple.news/
China's central bank loweredits official yuan midpoint to a fresh 3-1/2-month low of 6.7954per dollar on Monday, amid growing concerns over escalation ofthe Sino-U.S. trade war.
Read in Reuters: https://apple.news/
Stocks, Yuan Decline as China Retaliation Awaited: Markets Wrap
Stocks in Asia fell along with U.S. and European equity futures, the yuan and Treasury yields as investors awaited details on the counter-measures China warned it would impose following last week’s escalation in the trade war between the world’s top two economies.
Read in Bloomberg: https://apple.news/
HEALTH / SCIENCE
Chart: The mortality rate ranking for each state, by disease
Between the lines: The death rates from pretty much every major cause — heart disease, cancer, Alzheimer's, diabetes, suicide, sepsis, guns, infant mortality — remain highest in the South, according to updated data from the CDC.
Read in Axios: https://apple.news/A-
New breast cancer test from Olivia Newton-John’s charity to be trailed
The potentially ground breaking test developed in Melbourne will initially be used to test for returning cancer in patients in remission, with 18,000 women diagnosed in Australia every year.
Read in Daily Mail: https://apple.news/AN8lH1XL_
What Body Fat Percentage Do You Need to See Abs? Experts Have the Answer
If you're getting leaner by working out and eating clean, you might be wondering when you'll start to see your abs pop. But how many crunches you do won't determine whether you have a six-pack or not — it's all about your overall body fat percentage.What's Body Fat Percentage, and How Is It Measur ...
Read in POPSUGAR: https://apple.news/
Running Burns Belly Fat, but It Comes Down to This 1 Important Thing, According to an Expert
Not sure where to begin if your goal is to lose belly fat? You're not alone. There isn't a set prescription to reduce the fat stored around your stomach, but there are a few expert-approved things you can do.The first is to stop trying to spot-reduce belly fat. Spot reduction is essentially trying t ...
Read in POPSUGAR: https://apple.news/AYRUd_
The Neurological Reason Laughter Could Be a Sign of Something Much Darker
When you hear something laugh, you probably picture them smiling with a friend. But the truth is that laughter isn't always positive of healthy. According to science, it can be classified into different types, ranging from genuine and spontaneous, stimulated, induced, or even pathological.
Read in Inverse: https://apple.news/A_
USA / CANADA
California May Go Dark This Summer, and Most Aren't Ready
A plan by California’s biggest utility to cut power on high-wind days during the onrushing wildfire season could plunge millions of residents into darkness. And the vast majority isn’t ready for it.
Read in Bloomberg: https://apple.news/AL1-qxjXUT_
Mike Pompeo discusses Iran, oil, Russia and China
U.S. Secretary of State Mike Pompeo sits down with CNBC's Hadley Gamble for a wide-ranging interview about some of the most pressing geopolitical matters for the United States today.
Read in CNBC: https://apple.news/
U.S. Secretary of State Mike Pompeo sits down with CNBC's Hadley Gamble for a wide-ranging interview about some of the most pressing geopolitical matters for the United States today.
Read in CNBC: https://apple.news/
Applying ‘maximum pressure,’ Trump faces burgeoning crises overseas
Confrontations with North Korea, Iran and Venezuela grow sharper, as the president presses ahead with possible trade war against China.
Read in The Washington Post: https://apple.news/
Kudlow: China has not 'come far enough' on trade negotiations
White House economic adviser Larry Kudlow said Sunday that China has "not come far enough" on trade negotiations, but that discussions will continue.
Read in The Hill: https://apple.news/
EMERGING MARKET
All illegal drugs in Mexico could be decriminalized in radical government plan
The Mexican president has stated that the current "war on drugs" is endangering public safety.
Read in CNBC: https://apple.news/
The Mexican president has stated that the current "war on drugs" is endangering public safety.
Read in CNBC: https://apple.news/
Venezuela's Guaido seeks U.S. Pentagon cooperation to solve political crisis
Venezuelan opposition leader Juan Guaido said on Saturday he has asked his envoy to the United States to meet with Pentagon officials to "cooperate" on a solution to the South American country's political crisis.
Read in Reuters: https://apple.news/Ai_
Venezuelan opposition leader Juan Guaido said on Saturday he has asked his envoy to the United States to meet with Pentagon officials to "cooperate" on a solution to the South American country's political crisis.
Read in Reuters: https://apple.news/Ai_
Mobility Startups -- And Uber -- Are Driving Investors Into Emerging Markets
Big exits in mobility like Uber's IPO and its earlier acquisition of Careem are heating up investor interest in emerging markets, where mobility companies can scale fast.
Read in Forbes: https://apple.news/
Big exits in mobility like Uber's IPO and its earlier acquisition of Careem are heating up investor interest in emerging markets, where mobility companies can scale fast.
Read in Forbes: https://apple.news/
Hold Tight for Volatility as Trade Turmoil Rattles Markets Anew
Investors are standing by for a fresh bout of market turmoil as President Donald Trump turns up the heat on Beijing over trade.
Read in Bloomberg: https://apple.news/
Investors are standing by for a fresh bout of market turmoil as President Donald Trump turns up the heat on Beijing over trade.
Read in Bloomberg: https://apple.news/
Rouhani: Iran may face conditions harder than 1980s war with Iraq
President Hassan Rouhani has called for unity among Iran's political factions to overcome conditions which he said may be harder than those during the 1980s war with Iraq. As Iran faces tightening US sanctions, US President Donald Trump on Thursday urged Iran's leaders talk with him about giving up their nuclear programme and said he could not rule out a military confrontation. Trump made the offer as he increased economic and military pressure on Iran, moving to cut off all Iranian oil exports
Read in Aljazeera: https://apple.news/
Read in Aljazeera: https://apple.news/
Europe's Three Concerns About Iran
The question is: who will take the reins in Iran and make sure that the vast country does not morph into yet another "ungoverned territory" in the heart of the Middle East? I think the question is designed to dodge the issue of confronting a rogue regime that has provoked the current crisis. Iran has an old and well-established bureaucracy, dating back to the 16th century, and capable of operating within a strong culture of governance. Despite the serious damage done to state structures by the
Read in Gatestone Institute: https://apple.news/
Iran Says Ball of Implementing INSTEX in Europe’s Court
The CEO of Iran Special Trade and Finance Institute (STFI) says Tehran has set up the mirror mechanism proportionate to the EU's INSTEX channel and now the ball is in the Europeans’ court to run the Instrument in Support of Trade Exchanges to protect trade with Tehran.
Read in IFP News: https://apple.news/
Saudi royals become the biggest losers as Uber goes in reverse
Some of Uber’s biggest backers, including the Saudi sovereign wealth fund, have seen the value of their investments slam into reverse after the taxi app’s bumpy stock market debut.
Read in Daily Mail: https://apple.news/AnRsr-
Saudi prince's scorecard on new 'Vision' looks good — with caveats
The kingdom will need more time to make the changes it wants and, for now, oil remains the focus.
Read in The Hill: https://apple.news/ABEDCG3D_
Belgian leaders mull suspension of Saudi arms sales after probe
Belgian leaders are mulling the suspension of arms sales to Saudi Arabia, national broadcaster RTBF said after it was reported they had been used in Yemen. Foreign Minister Didier Reynders told RTBF on Saturday: "I think it would be good to suspend arms deliveries to Saudi Arabia" if it were shown they had been used "in an ongoing conflict, such as in Yemen," in which case he said the regional Walloonian government "must" take that decision. Belgium's constitution places responsibility for such
Read in Aljazeera: https://apple.news/
Israel's Netanyahu to ask for more time to form government: spokesman
Prime Minister Benjamin Netanyahu will ask Israel's president for more time to form a new government, a spokesman said on Saturday.
Read in Reuters: https://apple.news/
Trump's 'deal of the century' will give Israel control over West Bank settlements – report
The US peace deal for the Middle East includes establishing Israeli law over the Jewish settlements in the occupied West Bank, an Israeli TV channel has reported. The condition has been a no-go for Palestine.
Read in RT News: https://apple.news/AGpDqVlC9T-
Pakistan to get $6bn IMF lifeline to ease economic crisis
The country has faced a growing economic crisis with dwindling foreign currency reserves.
Read in BBC News: https://apple.news/
US issues security alert on Iraq amid regional tensions
US Embassy in Iraq issues security alert, warns Americans of heightened tensions in Iraq, advising against travel there
Read in ABC News: https://apple.news/
AFRICA
Kenya: Njiraini - a Legacy of Missed Revenue Targets Despite Powerful Connections
When he leaves office this month, John Njiraini will perhaps look behind his time as Commissioner General at Kenya Revenue Authority (KRA) and feel proud. But to Kenyans, Mr Njiraini will go down in history as the man who never met revenue targets set for him by the Treasury throughout his tenure as the country's chief tax collector. TARGETS His tenure will be contrasted with that of his predecessor Mr Michael Waweru, who surpassed all targets so much so that then President Mwai Kibaki rewarded
Read in AllAfrica: https://apple.news/
East Africa: Walking a Tightrope Between Giving Service and Loan Repayments
East Africa's finance ministers are walking a tightrope in their quest to finance recurrent government operations and keep major infrastructure projects on course amid falling tax revenues that have weakened key debt sustainability indicators. The region's debt service-to-total revenue ratios are coming under increasing pressure as governments struggle to achieve tax targets and the window for concessional loans narrows. Last week, the International Monetary Fund warned Uganda to go slow on its
Read in AllAfrica: https://apple.news/AJzf7l-
Africa: China Now Allays Fears of 'Debt Diplomacy'
Beijing has downplayed accusations that it is pressurising African countries that have been recipients of its loans to pay back the money or seize their assets. Tian Lin, the China International Development Co-operation Agency's spokesperson and also the director general of international co-operation, said among countries that acquired loans from Beijing, none was being pressured to pay back. "China has never pressured any country to pay back its loans; these are things spread by Westerners who
Read in AllAfrica: https://apple.news/
Kenya Quietly Selling Third Eurobond in Europe and the Us to Finance Budget, Repay Lenders
Kenyan treasury officials quietly flew out to Europe and the United States to drum up support for a new $2.5 billion Eurobond--the country's third in five years. Nairobi's quest to take up a new Eurobond comes despite rising concern over the sustainability of the country's public debt in the wake of a slowdown in revenue growth. The EastAfrican has learnt that the Treasury officials were due to start meeting investors on Thursday May 9 to market the bond which is being sold in two tranches of 12
Read in AllAfrica: https://apple.news/
ASIA
US-China trade war: Major pain, little gain
Ultimately, the White House's current strategy needs improvement.
Read in The Hill: https://apple.news/Awrb4_
China’s doves urge Beijing to find common ground with Washington
Amid mounting tensions with Washington, the doves among China’s communist elite are growing increasingly vocal in their urging for Beijing to take a more cautious approach. The trade dispute between the world’s two largest economies escalated on Friday…
Read in South China Morning Post: https://apple.news/
Could the Arctic chill US-China relations still further?
Tensions between China and the US have spilled over into the Arctic with US Secretary of State Mike Pompeo warning that Beijing’s “aggressive behaviour” in the polar north could create a “new South China Sea” conflict. Speaking at a meeting of the Arctic…
Read in South China Morning Post: https://apple.news/A_
As Trump fights with China over trade, US-China economic relationship already being redefined
Chinese consumers for the first time last year bought more Cadillacs than Americans did, helping drive profits at General Motors. And though the designs for those Cadillacs may have been drafted in Detroit, nearly all of the luxury automobiles were assembled in China by some of GM's nearly 60,000 local workers.
Read in My San Antonio: https://apple.news/
Chinese consumers for the first time last year bought more Cadillacs than Americans did, helping drive profits at General Motors. And though the designs for those Cadillacs may have been drafted in Detroit, nearly all of the luxury automobiles were assembled in China by some of GM's nearly 60,000 local workers.
Read in My San Antonio: https://apple.news/
US-China relations near new low amid trade battle
US-China relations test new lows amid bitter trade battle, political tensions
Read in ABC News: https://apple.news/APTI9-
China’s securities regulator lays out his bottom line for corporate governance to undergird markets for external shocks
China’s securities regulator has reiterated his resolve to crack down on malfeasance, outlining four types of corporate activities that breach the bottom line of good governance, as the country’s stock market reeled from a week of roller-coaster swings. …
Read in South China Morning Post: https://apple.news/
Here's how China may retaliate to Trump's tariff hike
China's Commerce Ministry said it would take countermeasures against the American tariff hike. It did not announce what its response would entail but said it "deeply regrets" the turn of events.
Read in CNBC: https://apple.news/
China's Commerce Ministry said it would take countermeasures against the American tariff hike. It did not announce what its response would entail but said it "deeply regrets" the turn of events.
Read in CNBC: https://apple.news/
China says will “never surrender” as U.S. trade fight heats up
China will never surrender to external pressure, the government said on Monday, though stopped short of announcing how Beijing will hit back after Washington renewed its threat to impose tariffs on all Chinese imports in an escalating trade dispute.
Read in Reuters: https://apple.news/
EUROPE
A New Report Urges the E.U. to Take Economic Action to Curb Amazon Deforestation
Environmental groups argue that Europe should use trade leverage to prevent the Brazilian government from furthering the destruction of the rainforest.
Read in Pacific Standard: https://apple.news/
Environmental groups argue that Europe should use trade leverage to prevent the Brazilian government from furthering the destruction of the rainforest.
Read in Pacific Standard: https://apple.news/
Russia and far right spreading disinformation ahead of EU elections, investigators say
Less than two weeks before pivotal elections for the European Parliament, a constellation of websites and social media accounts linked to Russia or far-right groups is spreading disinformation, encouraging discord and amplifying distrust in the centrist parties that have governed for decades.
Read in The Independent: https://apple.news/AS_nJMBpQT_
After China, Will the EU Be the Next Target of Trump’s Tariffs?
When Chinese negotiators reportedly walked back some of their commitments to structural changes within the framework of a US-China trade deal late last week, US President Donald J. Trump threatened to increase tariffs on Chinese imports from 10 percent to 25 percent despite ongoing negotiations — a threat that became a reality at midnight on May 10. China announced retaliatory tariffs and Trump said he would impose tariffs of 25 percent on $325 billion in Chinese imports to the United States
Read in Atlantic Council: https://apple.news/A8OJ0hC-
Europe's populist nightmare won't end with Brexit
The UK's failure to leave the European Union has created an almighty headache in Brussels.
Read in CNN: https://apple.news/
UK could be 'sleepwalking into Remaining'
Brexit Secretary Stephen Barclay said politicians should 'roll up their sleeves', warning that if no deal is done by October the EU may not grant a further extension.
Read in Daily Mail: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Monday 5/14/19 did update on the indicative rates Sell Rate 1190
The currency auction is 212,273,694
There is one news and announcements.
1. Compliance Compliance Report and Compliance Control
To Certified Islamic Banks / Compliance Compliance Officer (Compliance Report).
May 14, 2019
To Certified Islamic Banks / Compliance Compliance Officer (Compliance Report).
May 14, 2019
To / Approved Islamic Banks / Shariah Compliance Monitor (Compliance Compliance Report and Compliance Control) ... Click here to view
In line with the role of the Bank in establishing an Islamic banking system that complies with the best international standards (IFSB-17: 2015) and the International Standard (ISO9001: 2015) And the related monitoring of the risks of non-compliance with the regulatory and legal framework, including the provisions of Islamic Shariah law, a report was prepared by the Sharia Compliance Monitor (published through the website of this bank), which takes into account the specificity of Islamic banks and in order to achieve continuous communication between the Sharia Compliance Monitor and the Banking Control Section Islam in this b NK to correct errors after monitoring during the interval between the report and another, and to ensure access to legitimate banking compliance and compliance control to the best practices required. The report will be adopted during the third quarter of this year. The bank was granted 30 days to Islamic banks to comment on this report.
In line with the role of the Bank in establishing an Islamic banking system that complies with the best international standards (IFSB-17: 2015) and the International Standard (ISO9001: 2015) And the related monitoring of the risks of non-compliance with the regulatory and legal framework, including the provisions of Islamic Shariah law, a report was prepared by the Sharia Compliance Monitor (published through the website of this bank), which takes into account the specificity of Islamic banks and in order to achieve continuous communication between the Sharia Compliance Monitor and the Banking Control Section Islam in this b NK to correct errors after monitoring during the interval between the report and another, and to ensure access to legitimate banking compliance and compliance control to the best practices required. The report will be adopted during the third quarter of this year. The bank was granted 30 days to Islamic banks to comment on this report.
No Update yet. Click on link above for update.
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
5-13-2019 Intel Guru Delta Article: "Economist: War on Iran raises the value of the dollar in Iraq..." Quote: "The outbreak of war on Iran, regardless of the position of Iraq, will have an impact on the Iraqi currency to increase the value of the dollar in front of it," said Smeisem, "indicating that" fear of the unknown will increase demand for the US dollar, which will raise its value compared to the Iraqi dinar and thus lead To a decline in the value of the dinar »." MORE GOOD NEWS FOR US ..THEY HAVE TO ACT FASTER NOW...
5-13-2019 Intel Guru Eagleone2025 TUES AT NOON BANKERS WILL BE DONE WITH MEETING… WE HOPE ...THIS IS THE PERFECT STORM FOR RV...I LOOK TO SEE MAY 17-24 CLOSER TO THE OPENING OF THIS CURRENCY DEAL. ALOT OF MOVEMENT GOING ON…THE LOOKS OF THE RV IS VERY STRONG. THE PERFECT STORM IS IN THE WORKS …THE MIDDLE EAST IS FALLING APART.
5-13-2019 Intel Guru Eagleone2025 TUES AT NOON BANKERS WILL BE DONE WITH MEETING… WE HOPE ...THIS IS THE PERFECT STORM FOR RV...I LOOK TO SEE MAY 17-24 CLOSER TO THE OPENING OF THIS CURRENCY DEAL. ALOT OF MOVEMENT GOING ON…THE LOOKS OF THE RV IS VERY STRONG. THE PERFECT STORM IS IN THE WORKS …THE MIDDLE EAST IS FALLING APART.
5-13-2019 Intel Guru Markz I feel it is possible to see 800 numbers at any time when all this starts… watching carefully after noon tomorrow...[will there be a toll-free number for all the banks.] I am told yes...and they will be getting them out to us just as soon as they can because they want your business. I think this is going to be an exciting week on many fronts…I really do expect money in-pocket this week…I really do...Everyone needs to stay calm... I feel we are still in a good place… [post 2 of 2]
5-13-2019 Intel Guru Markz Iraq did not have a new rate yet as of Saturday morning as my contractor contacts expected…but we are still watching for them this week…The folks in Iraq are down right irritated…they were told they would have the new rate Saturday Morning…they want to release it….someone is stopping them…..I feel we can only hold them so long before they say the world be damned…we are doing it now… [post 1 of 2....stay tuned]
5-13-2019 Newshound Guru larrykn ...Iraq needs to get away from the auctions. to much corruption in it. If Iraq could ever agree with each other and get politics out of the way, they might get something done...time will tell if their able too.
5-13-2019 Newshound Guru chattels Article: "Foreign currency markets in Baghdad recorded a stable dollar against the dinar on Sunday, reaching 120,000 dinars on all local exchanges." I think that it is accurate to observe that the market price on the dinar is increasingly now uniform in all Iraqi markets. [Note: You can always find the latest reported CBI official market rate listed in the left column of this page]
5-13-2019 Intel Guru Markz Iraq did not have a new rate yet as of Saturday morning as my contractor contacts expected…but we are still watching for them this week…The folks in Iraq are down right irritated…they were told they would have the new rate Saturday Morning…they want to release it….someone is stopping them…..I feel we can only hold them so long before they say the world be damned…we are doing it now… [post 1 of 2....stay tuned]
5-13-2019 Newshound Guru larrykn ...Iraq needs to get away from the auctions. to much corruption in it. If Iraq could ever agree with each other and get politics out of the way, they might get something done...time will tell if their able too.
5-13-2019 Newshound Guru chattels Article: "Foreign currency markets in Baghdad recorded a stable dollar against the dinar on Sunday, reaching 120,000 dinars on all local exchanges." I think that it is accurate to observe that the market price on the dinar is increasingly now uniform in all Iraqi markets. [Note: You can always find the latest reported CBI official market rate listed in the left column of this page]
5-12-2019 Intel Guru Delta Article: "The parliamentary economy warns of the doubling of external debt because of the benefits ... Finance Committee reveals the "Zora" details of the Financial Management Law and announce a mechanism for debt repayment" Quote: "...committee awaiting the report of the Economic Adviser to the Minister of Finance Kamal Al-Basri to put the finishing touches on the law to be ready for legislation." THEY ARE WAITING FOR THE RATE... RATE WILL COME FIRST BEFORE PASSING THE LAW...IMO.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Mahdi's website; posted on both the Arabic and the English sides)
Prime Minister Adel Abdul-Mahdi receives the head of the investigation team for crimes of intimidation
Prime Minister Adel Abdul Mahdi received in his official office today the Special Advisor to the Secretary-General of the United Nations and Head of the Investigation Team on Enhancing Accountability for Crimes committed by Mr. Karim Khan.
The Prime Minister affirmed his continued support for the crime investigation team, in order to carry out his mission, facilitate his work and the importance of cooperation of all relevant national institutions with the investigation team.
He expressed his satisfaction with the near announcement of jobs to be occupied by Iraqi experts within the investigation team, and on the UN website, and the selection, which will also be in consultation with the Iraqi government.
He also presented the candidacy of Dr. Salama Al-Khafaji in consultation with the Iraqi government to be the Iraqi deputy to the head of the investigation team. He congratulated Prime Minister Dr. Khafaji, wishing him and the members of the international team success in the investigation of the crimes.
Media Office of the Prime Minister
13 May 2019
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ARTICLE 2 (from Government of Iraq twitter account)
At the time this report was submitted, there are no new tweets on the Government of Iraq twitter account.
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ARTICLE 3
The coalition of Iraq responds to the decision of the axis: adhering to Halbusi as Speaker of Parliament
2019/5/13 21:10
[Baghdad-where]
The Iraqi Alliance announced our identity on Monday, its adherence to MP Mohammed Halbusi elected speaker of the House of Representatives in its fourth session.
"The majority of the members of the Iraqi Alliance, our identity, unanimously agreed on the need to dissolve the National Axis Alliance and exclude Khameer Al-Khangar, Secretary-General of the Arab Project in Iraq, from any Sunni political formation because of his abuse and misrepresentation of the component and his involvement in financing transactions, Terrorism and brokering deals in the sale and purchase of the post of governor of Nineveh. "
He called on coalitions, parliamentary forces and political blocs "not to deal with the invited Khamis Khanjar or agreement with him as he was expelled in order to" preserve their reputation among their audience. "
The National Axis Alliance announced in a statement on Monday that it had decided to cancel the membership of Mohammed al-Halbusi and a number of members of his bloc from the membership of the alliance because of his attempts to disperse the alliance and its non-adherence to the rules and objectives that form the coalition for it.
He stressed the National Axis Alliance "seeking to reach alliances and other blocs on the replacement of Halabusi from the presidency of the Iraqi Council of Representatives and the election of a parliamentary figure more balanced to lead the legislative authority in the next phase.
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ARTICLE 4
Tamimi: Iraq will be the biggest loser in the war of America and Iran
2019/5/13 20:52
[Baghdad-where]
Foreign Affairs Committee member Fratt al-Tamimi said on Monday that Iraq would be the "biggest loser" in the event of armed conflict between the United States and Iran, considering that Iraq is at the heart of the conflict between the two countries.
"The outbreak of any armed conflict between the United States and Iran will be Iraq is the biggest loser in the region because it is at the heart of the conflict and the storm between the two parties," Tamimi said in a press statement.
Al-Tamimi pointed out that "there are abnormal movements carried out by Washington and Tehran by moving ships and missile batteries in mutual preparations warning of armed conflict or at least the threat of such a conflict."
He added that "Iraq has interests with each of the parties to the conflict, whether economic or political interests or other," continuing that "Iraq needs to exploit all the cards of pressure and common interests with those States to ensure the outbreak of strife between the parties or at least to keep Iraq out of the cycle of conflict And reduce damage "
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ARTICLE 5
Raghad Saddam is convinced that her father is still alive
2019/5/13 21:38
[Follow-up]
Raghad Saddam, the daughter of former regime chief Saddam Hussein, was shaken on Monday by reports that her father was still alive.
"The news that her father is still alive is irrelevant," Raghad said on social networking site Twitter.
The social media had published a story attributed to Saddam Hussein's daughter, stating that he was still alive and connected daily and would return to the rule of Iraq.
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