WOTS Saturday 6/29/19:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1186.0000 | 1183.3000 | 1186.0000 | | 14:43 |
| USD/VND | | | 23300.0000 | 23268.2500 | 23268.2500 | | 11:23 |
| USD/CNY | | | 6.8775 | 6.8597 | 6.8761 | | 11:19 |
| USD/KWD | | | 0.3033 | 0.3023 | 0.3025 | | 14:54 |
| GBP/USD | | | 1.2734 | 1.2660 | 1.2667 | | 15:18 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 00:00 |
| USD/IDR | | | 14145.0000 | 14064.0000 | 14129.0000 | | 15:17 |
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DC NY Iraq Articles:dd
Parliament session postponed for Sunday
2019/06/29 05:41:46
Shafaq News / The Iraqi Council of Representatives decided on Saturday to postpone its meeting until Sunday.
An informed source told Twilight News that the presidency of the House of Representatives decided to postpone the meeting on Saturday until Sunday at 11 am.
He pointed out that the House of Representatives postponed the holding of its meeting because of the absence of a quorum and the absence of the majority of deputies from today's meeting.
Al-Halbusi: Iraq will not be a victim of wars of others
29-06-2019 11:12 AM
Baghdad
Speaker of the House of Representatives Mohamed Halaboussi said on Saturday that it is inappropriate for Iraq to play the role of negative neutrality on the developments in the region, while stressing that Iraq will not be a victim of the wars of others.
"The dangers that surround us from all sides require wise positions above all," Halboussi said in a speech given by a public rally on the anniversary of the 20th revolution. "The wise men of the country should have a say in what is going on."
"It is not appropriate for Iraq to play the role of negative neutrality and to close the doors of concern about what is happening, but at the same time it will not be harmful to the wars of others," he said. "Iraq played a pivotal role until it became a destination for Arab and foreign officials." d
UN Security Council delegation arrives in Baghdad
Editorial date:: 2019/6/29 8:46 • 284 times read
(Baghdad: al-Furat News) The delegation of the UN Security Council arrived, Saturday, to the capital Baghdad.
A source familiar with, told the {Euphrates News}, "a delegation from the Security Council arrived this morning, to the capital Baghdad."
The source added that "the visit comes in response to an invitation by the Iraqi government."
The spokesman for the Foreign Ministry, Ahmad al-Sahaf, said earlier that a delegation from the UN Security Council to visit Baghdad on Saturday, in response to an invitation by the Iraqi government, indicating that the visit comes to confirm their support for the continuation of Iraq's efforts to stabilize and reconstruction.
The source added that "the visit comes in response to an invitation by the Iraqi government."
The spokesman for the Foreign Ministry, Ahmad al-Sahaf, said earlier that a delegation from the UN Security Council to visit Baghdad on Saturday, in response to an invitation by the Iraqi government, indicating that the visit comes to confirm their support for the continuation of Iraq's efforts to stabilize and reconstruction.
2019-06-29 02:00
The head of the Committee on Health and Environment MP Qutaybah al-Jubouri, on Saturday, Prime Minister Adel Abdul Mahdi, a ministerial reshuffle, calling on him to dismiss the Minister of Electricity Loay Khatib for failing to manage the electricity file.
Al-Jubouri said in a statement received by Alsumaria News, a copy of him that "the western provinces and the central provinces, including Salahuddin without electricity for three days, and the temperature exceeded 50 degrees Celsius," wondering, "Does the Minister and his family to stay in such a gorge without electricity? His statements, press conferences and promises he made before the summer season? "
The head of the Committee on Health and Environment MP Qutaybah al-Jubouri, on Saturday, Prime Minister Adel Abdul Mahdi, a ministerial reshuffle, calling on him to dismiss the Minister of Electricity Loay Khatib for failing to manage the electricity file.
Al-Jubouri said in a statement received by Alsumaria News, a copy of him that "the western provinces and the central provinces, including Salahuddin without electricity for three days, and the temperature exceeded 50 degrees Celsius," wondering, "Does the Minister and his family to stay in such a gorge without electricity? His statements, press conferences and promises he made before the summer season? "
Samarrai: America's power in Iraq has become very marginal
12:19 - 29/06/2019
Information / Baghdad ..
The security adviser to former President Wafik al-Samarrai described Saturday the American authority in Iraq as "very marginal" after the recent events, pointing out that the Turkish focus has decreased during the recent period.
Al-Samarrai said on his page "Facebook" and saw him / the information, "that some of the ambiguities think and rely on what draws their illusions about the existence of the division of the Iraqi people and decorated them the idea of dismantling Iraq to warring areas, they ran into a great popular love for Iraq's Kurds all Iraq and their love for Baghdad, Illusions north and west of Baghdad forever, and from there began waves of young people to protect Iraq from (treacherous treachery) who treachery Mount.
"President Trump wants trillions from the center and south of the Gulf, and this is what the two sides are doing and strengthens the role of Iraq ," he said. "Trump is attracted by an old craving for Iran, but he has collided with the fact that the trillions come only by offering protection to the west of the Gulf, Iran, but it collides Iranian constants are difficult to change, but mutual savvy exists when needed. "
Samarrai said that "the Turkish Sultan suffered a bitter blow in the election of the governor of Istanbul has revived the hopes of central and south-east of the island, and the need for maneuvers external rotation difficult reduced his presence in Iraq focus on northern Syria."
Al-Samarrai said that "playing the open Gulf War strengthened the unity of the Iraqis and made the great unity of goodness and sisterhood more harmonious with Vishakhabur, Al-Tahta and Haseiba. The historical role of the youth of Sulaymaniyah and the affirmation of their love for Iraq inspired the feelings of all Kurds in the eternal and eternal relationship with central and southern Iraq , In Iraq has become very marginal. "
The security adviser to former President Wafik al-Samarrai described Saturday the American authority in Iraq as "very marginal" after the recent events, pointing out that the Turkish focus has decreased during the recent period.
Al-Samarrai said on his page "Facebook" and saw him / the information, "that some of the ambiguities think and rely on what draws their illusions about the existence of the division of the Iraqi people and decorated them the idea of dismantling Iraq to warring areas, they ran into a great popular love for Iraq's Kurds all Iraq and their love for Baghdad, Illusions north and west of Baghdad forever, and from there began waves of young people to protect Iraq from (treacherous treachery) who treachery Mount.
"President Trump wants trillions from the center and south of the Gulf, and this is what the two sides are doing and strengthens the role of Iraq ," he said. "Trump is attracted by an old craving for Iran, but he has collided with the fact that the trillions come only by offering protection to the west of the Gulf, Iran, but it collides Iranian constants are difficult to change, but mutual savvy exists when needed. "
Samarrai said that "the Turkish Sultan suffered a bitter blow in the election of the governor of Istanbul has revived the hopes of central and south-east of the island, and the need for maneuvers external rotation difficult reduced his presence in Iraq focus on northern Syria."
Al-Samarrai said that "playing the open Gulf War strengthened the unity of the Iraqis and made the great unity of goodness and sisterhood more harmonious with Vishakhabur, Al-Tahta and Haseiba. The historical role of the youth of Sulaymaniyah and the affirmation of their love for Iraq inspired the feelings of all Kurds in the eternal and eternal relationship with central and southern Iraq , In Iraq has become very marginal. "
Bahrain praises Iraq's actions against saboteurs
Iraqi security forces in front of the Embassy of Bahrain in Baghdad Reuters
Source:
Source:
MANAMA, BAGHDAD
History: 29 June 2019
The King of Bahrain, King Hamad bin Isa Al-Khalifa, affirmed the Kingdom's deep pride in the brotherly relations with Iraq and its people, and working together to move these relations to wider horizons at all levels and at all levels to support their interests and deter anyone trying to harm them.
King Hamad bin Isa Al Khalifa telephoned Iraqi President Barham Salih, expressing his appreciation for the Iraqi government's stance on the attack on the Embassy building in Baghdad and the measures taken to protect it.
The Iraqi authorities have taken a number of deterrent measures, as security forces arrested 54 people who attacked the embassy, and the Ministry of the Interior has set up an "investigative council against the commander of the Embassy of Bahrain to shorten the duty." Security forces cordoned off a security cordon around the headquarters of the Bahraini embassy.
The Bahraini Foreign Ministry summoned its ambassador to Iraq for consultations and called on the Chargé d'Affaires of the Embassy of Iraq to Bahrain to protest the attack, which was strongly condemned by the Secretary-General of the Gulf Cooperation Council, Dr. Abdullatif Zayani.
Kauaihn Iraq Articles:dd
Badr parliamentary demand Abdul Mahdi to rid the dangers of "deep state"
In the policy of June 29, 2019 comments on the parliamentary Badr demands Abdul Mahdi to rid the dangers of "deep state" closed 22 visits
BAGHDAD / The Badr parliamentary bloc on Friday called on Prime Minister Adel Abdul Mahdi to rid himself of the dangers of a "deep state".
"We highly appreciate the step taken," the bloc said in a statement received by SNG. "The members of Badr and Sroun will remain at the forefront of the initiative to build the state of institutions and reject the abhorrent party quotas."
"We highly appreciate the step taken," the bloc said in a statement received by SNG. "The members of Badr and Sroun will remain at the forefront of the initiative to build the state of institutions and reject the abhorrent party quotas."
The bloc called on the prime minister to "choose independent, efficient and fair figures and to eliminate as much as possible the deep state risks that have long been unique to the resolution."
Karbouli: The initiative of the Minister of Interior to oblige the Passport Department to be the most important of all government slogans
29-06-2019 10:46 AM
Baghdad
A member of the parliamentary security and defense committee, MP Mohammed Karbouli, said that the initiative of Interior Minister Yassin al-Yasiri, to oblige the Passport Department on Saturday to be the most important of all government slogans.
"The Interior Minister's initiative to oblige the Passport Department on Saturday to provide their services is the most important of all government slogans that do not touch the interest of citizens," Karbouli said through his official Twitter account.
And the tail of his praise Bhagatag: "
Al- Ghazi: Political blocs agree on all articles of the provincial elections law
In Local June 29, 2019 Comments on Ghazi: Political blocs agree on all articles of the provincial elections law closed 18 visits
BAGHDAD / SNG - Deputy Chairman of the parliamentary legal committee Mohammed al-Ghazi said on Saturday that the political blocs agree on most articles of the provincial elections law, among the controversial articles will be included in several proposals and remains the option for members of the House of Representatives.
Al-Ghazi said in a statement to SNG that the committee prepared the final versions to amend the election law, which will be presented today to vote, noting that "the political blocs agree in principle on all controversial articles in the law."
He added that "controversial articles in the law will be submitted to several proposals and the right of members of parliament to choose the best among them," noting that "controversial articles, including the electoral system and there are several proposals for the blocks, including adopted the highest votes, some of them St. Lego and the adoption of 1.9."
"There are five electoral systems will be presented to the House of Representatives to choose the best," he said. "There is a proposal to reduce the number of members of the provincial councils, which is valid within the law of 21, and each province begins ten seats and add a seat for every 200,000 people."
It is noteworthy that the law of provincial elections, triggered a major dispute between the political blocs has not been resolved so far, and is supposed to hold elections in April.
Al-Ghazi said in a statement to SNG that the committee prepared the final versions to amend the election law, which will be presented today to vote, noting that "the political blocs agree in principle on all controversial articles in the law."
He added that "controversial articles in the law will be submitted to several proposals and the right of members of parliament to choose the best among them," noting that "controversial articles, including the electoral system and there are several proposals for the blocks, including adopted the highest votes, some of them St. Lego and the adoption of 1.9."
"There are five electoral systems will be presented to the House of Representatives to choose the best," he said. "There is a proposal to reduce the number of members of the provincial councils, which is valid within the law of 21, and each province begins ten seats and add a seat for every 200,000 people."
It is noteworthy that the law of provincial elections, triggered a major dispute between the political blocs has not been resolved so far, and is supposed to hold elections in April.
Nechirvan Barzani in Baghdad to discuss oil
http://www.iraq-businessnews.
http://www.iraq-businessnews.
Omar Sattar June 29, 2019
The KRG's new president, Nechirvan Barzani, traveled to Baghdad to meet the Iraqi prime minister and discuss the two sides' outstanding oil dispute.
REUTERS/Azad Lashkari
BAGHDAD — President Nechirvan Barzani of the Kurdistan Regional Government (KRG) left Erbil for the first time since taking office and headed to the Iraqi capital on June 20 to discuss several outstanding issues with the central government, especially KRG oil exports, the public budget and the situation in the disputed city of Kirkuk.
After meeting with Iraqi Prime Minister Adel Abdul Mahdi, Barzani said they agreed to resolve outstanding issues based on the constitution and to convene a joint committee next week to negotiate oil, the budget, the peshmerga forces and Article 140 of the Iraqi Constitution, concerning a census in Kirkuk.
The most important issues addressed during the visit were Kurdish oil and KRG salaries. Baghdad has not yet received its share of KRG oil in about six months, but the federal Ministry of Finance continues to deliver salaries to KRG employees. This discrepancy has raised the ire of Arab parties, who hinted that next year's budget could depend on the economic relationship between Baghdad and Erbil.
Per its 2019 budget, the Iraqi government pledged to pay KRG employee salaries in exchange for the delivery of 250,000 barrels of oil per day to the Iraqi national oil company. But the KRG has recently abstained from delivering oil.
In this regard, Barzani told Anadolu Agency, following his talks with Baghdad, “I have spoken with the prime minister about this issue and we need to talk more about it. The problem does not lie in delivering 250,000 barrels, but there are legal issues, since cutting the KRG’s share of the 2014 budget has put it under a lot of debt.”
Barzani also met with parliamentary speaker Mohammed al-Halbusi June 20 and discussed the oil issue. Halbusi noted in a statement, “We discussed the KRG’s financial obligations, including selling oil in virtue of the 2019 federal public budget. We addressed the importance of strengthening ties between the KRG and the federal government, as well as resolving all outstanding issues in the spirit of fraternity and national partnership.”
Meanwhile, Barzani suggested to Halbusi that Erbil would host financial and energy parliamentary committees to settle budget-related issues.
These statements reflect Barzani and Abdul Mahdi's failure to find solutions, even though committees to resolve crises were formed.
Parliamentarian Sherwan Dobradani of the Kurdistan Democratic Party told Al-Monitor that a delegation of multidisciplinary government officials headed by Abdul Mahdi will visit the KRG in the coming weeks to resume discussion of the outstanding issues, oil included.
“The results can indeed be positive once the joint committees finish their work," he said. "It is possible to find solutions that please all parties.”
According to local media, Barzani asked Baghdad to withdraw its lawsuit against Ankara. The Iraqi federal government sued Ankara in 2015, requesting compensation from the Turkish government for $26 billion for its importing of Kurdish oil without Baghdad's consent. Barzani headed directly to Ankara after visiting Baghdad to discuss a number of issues, including the oil crisis and the Kurdistan Workers Party, or PKK.
Parliamentarian Faleh Ziadi told Al-Monitor, “The Iraqi prime minister and the federal Ministry of Finance are collaborating with Erbil to settle the issue of oil supplied to Turkey without taking into account the Iraqi laws. Baghdad compensating oil companies operating in the KRG or withdrawing the lawsuit against Ankara would mean conceding the rights of the rest of the Iraqi components and the principle of social justice.”
Ziadi, a member of the Finance Committee, suggested that the consequences of those measures would be “severe when demonstrations against the government break out and the budget law for next year is adopted.”
A source familiar with the negotiations told Al-Monitor on condition of anonymity, "The Kurdish delegation suggested to Abdul Mahdi to revive the agreement to share Kirkuk between Baghdad and Erbil or to allow the KRG to export oil until oil companies are completely compensated and then commit to hand over the 250,000 barrels to [the state oil company]."
The source added that Abdul Mahdi, who has good relations with the Kurdish parties, does not mind giving Erbil time to pay off the debt, but he will be in a critical position with the Shiite blocs that have so far rejected these solutions. Such solutions will necessarily include the peshmerga returning to Kirkuk and the withdrawal of the Popular Mobilization Units. No solution is expected to be reached soon, he said.
Kurdistan Alliance bloc leader Mohsen Saadoun told Al-Monitor over the phone, “Activating the joint security administration of Kirkuk is constitutional because it is from the disputed areas, and any delay in that will further complicate the situation there.”
Saadoun said, “The KRG is keen on working with Abdul Mahdi’s government to end all outstanding issues by referring to the constitution and previous agreements between both parties.”
Baghdad and Erbil's problems and economic issues need a comprehensive settlement, including Baghdad letting certain KRG commitments slide for the moment. However, other parties in the federal government may seek a political reward, perhaps in support of Abdul Mahdi, who is the target of criticism and could lose his government's confidence. Otherwise, the crisis will only escalate as next year's draft budget approaches.
Read more: https://www.al-monitor.com/
Read more: https://www.al-monitor.com/
Nineveh Council calls on the government to expedite the payment of wheat dues
29-06-2019 10:23 AM
Baghdad
Called on the provincial council of Nineveh, on Saturday, the federal government to expedite the payment of dues of farmers during the sale of wheat and barley, noting that the province is exhausted to complete the harvest process significantly.
"The harvest of wheat and barley continues through the mobilization of the Ministries of Agriculture and Commerce, the Council of the Governorate and the Civil Defense to prevent any new fire in those fields," Deputy Chairman Noureddine Qabalan told the news agency.
He added that "the harvest rate in barley fields reached 80%, while the harvest rate of wheat fields to 60%," calling on the Ministry of Commerce to "open new stores and expedite the payment of dues to farmers."
He called on Qablan to "increase the intake of wheat and barley crops by the ministries of agriculture and trade as well as to expedite the payment of dues of farmers to ensure their productivity next year.d
Attacks on the Saudi oil facility have been launched from Iraq
Brian Hook during a conference on Iran in London Reuters
Washington, London agencies
History: 29 June 2019
Iran's special envoy to Iran, Brian Hawk, said Iran should stop the trend of establishing a sectarian range of hegemony in the Middle East.
Speaking at a conference on Iran in London, Hawk said the Iranian presence in Yemen posed a threat to the security of navigation and the Strait of Hormuz, stressing that European companies had to choose between dealing with the United States or Iran.
He stressed that the United States will impose sanctions on any suspicious purchases of Iranian oil. "Washington is working to prevent Iran from getting $ 50 billion in oil revenues." He confirmed that the investigations and evidence showed that the Revolutionary Guards were behind the tanker attacks.
In the shuttle, the Wall Street Journal reported that US officials had concluded that the attack on a Saudi oil facility in May was from Iraq rather than Yemen, prompting Iraqi officials to ask Washington for more information in support of the allegation.
The newspaper said US officials familiar with intelligence about the attacks on aircraft circled in May, said the source is southern Iraq, indicating that this probably refers to the factions supported by Iran.
Kauaihn Economic Times:
Greece licenses Exxon, Total to explore untapped waters off Crete
Greece on Thursday awardedlicences to ExxonMobil and Total to search forhydrocarbons off the island of Crete, marking the country'sfirst major foray into an oil and gas search in the region.
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Brexit Brief: Pro-EU MPs prepare another move to block disorderly EU exit
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Angela Merkel, German leader who guided EU through crisis, seen shaking again
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Britain's investment funds face scrutiny as Bank of England's Carney blasts liquidity 'lie'
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Germany, Italy drive euro zone economic sentiment down to three-year low
BRUSSELS (Reuters) – Euro zone economic sentiment dropped to its lowest point in nearly three years in June as confidence fell markedly in the bloc’s largest economies, and mostly in Germany and Italy, European Commission data showed on Thursday. The Commission said that its main indicator of economic confidence dropped to 103.3 points in June...
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Read in Express: https://apple.news/AFwpo--
Ugandan shilling a notch firmer on charity, commodity inflows
The Ugandan shilling wasa notch firmer on Thursday, helped by dollar inflows fromcharities looking to pay month-end salaries and commodityexporters. At 0829 GMTcommercial banks quoted the shilling at3,695/3,705, slightly firmer than Wednesday's close of3,700/3,710. UGX Spot Rate..... Ugandan Shilling Money Guide.... Calculated Cross Rates.......... Deposits..................... Deposits & Forwards............. Uganda Equities Guide....... Uganda All Share Index........ Shilling background .....
Read in Reuters: https://apple.news/
WEEKAHEAD-AFRICA-FX-Kenyan Shilling seen under pressure, Zambian Kwacha firm
Kenya's currency is likely tocome under pressure next week as Zambia's holds firm and thoseof Nigeria, Tanzania and Uganda trade flat.
Read in Reuters: https://apple.news/
US and China should reach deal to arrest yuan slide
Chinese currency traders call it po qi or “breach seven”. That is the exchange-rate level of the depreciating yuan to the US dollar, the breaking of which is likely to signify a new and worsening phase in the trade war between China and the United States…
Read in South China Morning Post: https://apple.news/
Can You Make Money by Selling Money?
When you hear about foreign exchange and currency, you’re bound to hear the phrases ‘strong’ and ‘weak’. I’m not a big fan of those terms… Read More The post Can You Make Money by Selling Money? appeared first on Money Morning NZ: Stock Market News, Finance and Investments.
Read in Money Morning NZ: https://apple.news/
Slumbering FX confounds traders, prompts fear of rude awakening
Currency markets are so listless, the head of European foreign exchange sales at Nomura has taken to selling bonds instead.
Read in Reuters: https://apple.news/
Opinion: Why the global balance of power could hinge on the Trump-Xi meeting
Donald Trump has called a meeting where the outcome is beyond his control. We expect Xi to exercise his unilateral power to refuse any concessions to the United States, writes Carl Weinberg.
Read in MarketWatch: https://apple.news/
The U.S. jobs market is starting to worry economists
The U.S. jobs market, having long been the bedrock of the nation's economic expansion, is starting to worry economists ahead of next week's payroll data.
Read in Axios: https://apple.news/ApTbVy-
U.S. economy accelerated in first quarter, but momentum fading
U.S. economic growth accelerated in the first quarter, the government confirmed on Thursday, but the export and inventory boost to activity masked weakness in domestic demand, some of which appears to have prevailed in the current quarter.
Read in Reuters: https://apple.news/AKc6V_
China's fractious trade moves will force Canada to look to other markets: Don Pittis
China's attacks on Canadian commodity exports may or may not be resolved at the G20 summit. But if Canadian businesses are learning that China is not a reliable trade partner, it may be a catalyst to look elsewhere.
Read in CBC News: https://apple.news/
'People are very scared': fighting dengue fever in Brazil – in picturesDengue fever is one of the most deadly mosquito-borne diseases – half the world’s population is at risk from it. Adrienne Surprenant’s photos from the World Mosquito Program in Brazil capture the fight against it Continue reading...
Read in the guardian: https://apple.news/
Washington Post: Puerto Rico might not get $600 million in aid until September despite new lawThe Trump administration has not sent $600 million in emergency food stamp aid to Puerto Rico two weeks after President Donald Trump approved the funds, and the US territory does not expect to receive the funding until September, according to The Washington Post.
Read in CNN Politics: https://apple.news/
Scotiabank says global revamp complete after sale of Puerto Rico, U.S. Virgin Islands operationsWill take after-tax net loss of between $300 million and $360 million
Read in Financial Post: https://apple.news/
Kuwaiti equities to be in main MSCI emerging markets index from 2020MSCI Inc said on Tuesday it would upgrade Kuwaiti equities to its main emerging markets index in 2020, a move that could trigger billions of dollars of inflows from passive funds.
Read in Reuters: https://apple.news/A8-
MSCI’s upgrade of Kuwait may lure $2.2bn investments – ReportMubasher: MSCI’s upgrade of Kuwait to an Emerging Market status is expected to attract $2.2 billion in investments to the GCC country, according to a report released by KAMCO Research. Kuwait must implement the omnibus account structures and …
Read in Mubasher: https://apple.news/Ax7KC-
As The G-20 Approaches, Policy Uncertainty Weighs On Emerging MarketsWill the G-20 summit bring a truce?What's been the impact on emerging markets?What's been the impact on developed markets?
Read in Seeking Alpha: https://apple.news/AU-
Bullish on equities and emerging markets, strategist says
Christopher Peel, chief investment officer at Tavistock Investments, says the Fed has "clearly been pressured by the White House."
Read in CNBC: https://apple.news/
As The G-20 Approaches, Policy Uncertainty Weighs On Emerging Markets
Will the G-20 summit bring a truce?What's been the impact on emerging markets?What's been the impact on developed markets?
Read in Seeking Alpha: https://apple.news/AU-
WRAPUP 1-Iran on course to exceed nuclear pact limit within days -diplomats
Iran is on course tobreach a threshold in its nuclear agreement with world powerswithin days by accumulating more enriched uranium thanpermitted, although it has not done so yet, diplomats said,citing the latest data from U.N. inspectors.
Read in Reuters: https://apple.news/AvQSo0k_
UPDATE 1-U.S. tells NATO it wants to avoid war with Iran -diplomats
(Adds quotes, details)
Read in Reuters: https://apple.news/
Macron says he warned Iran's Rouhani about breaking nuclear commitments
French President Emmanuel Macron warned Iran on Thursday not to quit its 2015 nuclear deal or give signals that it intended to do so, and said he would discuss efforts to avoid military escalation with U.S. President Donald Trump.
Read in Reuters: https://apple.news/
Iran warns U.S. of stronger reaction if its borders violated again: Tasnim
Iran warned the United States against violating its borders, with parliament speaker Ali Larijani threatening a stronger reaction, the Tasnim news agency said on Thursday, a week after Tehran shot down a U.S. drone, spiking tension between them.
Read in Reuters: https://apple.news/ANrp-
OPEC - Does It Really Matter?
A delay for the meeting.A continuation of output cuts is a given.The Saudis and Iran.Russia calls the shots.It's all about war and trade - volatility to continue.
Read in Seeking Alpha: https://apple.news/A8twhu-
Ankara’s economic tasks grow tougher after election rout
Reeling from a crushing defeat in a critical election rerun, Turkey’s government faces an uphill track in efforts to fix the economy, littered with major political risks, both at home and abroad.
Read in Al-Monitor: https://apple.news/
http://www.theiqdteam.com/
Zimbabwe's bad dollar returns#CONFIDENTIALLYSPEAKING • The Africa Confidential Blog • 27th June 2019
Read in Africa Confidential: https://apple.news/AKsfL-
Zimbabwe: EU Commits U.S.$34 Million to Tackling Sexual Gender Based Violence(Photo: Daily News) Government is set to receive U.S.$34 million from the European Union (EU) in an initiative meant to help create a violence-free, gender-responsive and inclusive society. European External Action Service deputy secretary-general, Christian Leffler announced this at the Spotlight Initiative country programme launch this week. "Gender-based violence is not inevitable but is literally man-made. The solution lies with the strong cooperation of all, international actors, government
Read in AllAfrica: https://apple.news/A3JRK-
Zimbabwe: Mangudya - RBZ to Print $400 Million More Bond Notes(Photo: Zimbabwe Independent) The Reserve Bank of Zimbabwe (RBZ), will print an extra $400 million in bond notes and coins to cover the gap left by the withdrawal of hard currencies, Governor John Mangudya said Wednesday. On Monday, government, in a shock move, announced the multi-currency regime that had obtained for a decade would be abolished with immediate effect, designating the Zimbabwean dollar as sole legal tender for all local transactions. Mangudya was however quick to allay fears of
Read in AllAfrica: https://apple.news/
Zimbabwe: Smuggling - the New Corruption Frontier in Zimbabwe(Photo: Zimbabwe Independent) As the Zimbabwean economy rapidly slides into hyperinflation induced recession, the levels of smuggling at the country's border posts has reached alarming levels. Cross border traders, foreign nationals, truckers and businesses by-pass paying duty through coming up with advanced strategies of smuggling commodities in and out of Zimbabwe. By Victor Bhoroma The smugglers are aided by law enforcement agents, clearing agents, Minerals Marketing of Zimbabwe (MMCZ) and
Read in AllAfrica: https://apple.news/
Zimbabwe: Malnutrition Remains a Public Health ProblemAfter the Tropical Cyclone Idai, which affected Zimbabwe, Mozambique and Malawi, early this year, a 46-year-old Margaret Sithole of Chimanimani now feeds her children with plain manhuchu (samp) also known as Umngqusho. Samp is a common dish in Zimbabwe and since it is rich in starch, many combine it with meats and vegetables, but not for poor Sithole and her family. Cyclone Idai destroyed her crops and she was forced to sell a few chickens and goats that survived to fend for her three kids. With
Read in AllAfrica: https://apple.news/A-Tnr5-
Zimbabwe: Zera Raids Over 2 000 Illegal Fuel Dealers
The Zimbabwe Energy Regulatory Authority (Zera) has raided over 2 000 illegal fuel dealers countrywide in the last seven months as part of an ongoing operation to bring sanity in the sector. Coming at a time when the country is battling a fuel supply gap in the face of foreign currency shortages, illicit fuel deals have been blamed for causing distortions. Zera acting chief executive officer Eddington Mazambani told our Bulawayo Bureau that their officers, working with the police, were out in
Read in AllAfrica: https://apple.news/
South Africa strike: Miners stand against harassmentAlmost 300 miners in South Africa have now spent a week underground as they have been protesting against several recent sackings. Their union says many workers at the Rustenburg mine have also been victims of sexual harassment. Al Jazeera's Fahmida Miller reports from North West province, South Africa.
Read in Aljazeera: https://apple.news/
Angola’s National Bank launches Deposit Guarantee Fund
Bank depositors in Angola will now have their deposits guaranteed with the launch on Tuesday in Luanda by the National Bank of Angola of the Deposit Guarantee Fund, which has an initial allocation of 13.8 billion kwanzas (US$1.767 billion), according to central bank information. Created through presidential decree no. 195/18, the initial value for setting...
Read in FurtherAfrica: https://apple.news/AZi43lK_
Innovation And Collaboration Are The Keys To Malaysia's Energy Transition
Asia continues to be the fastest growing region in the world today. Malaysia remains at the center of the region’s development, but rapid changes in the marketplace and stringent regulatory requirements pose many challenges for businesses.
Read in Forbes: https://apple.news/
China to insist US lift Huawei ban during G-20 meeting as part of trade deal, report says
Chinese President Xi Jinping is expected to meet with President Trump on Saturday where he will lay out several demands, including the removal of Huawei from U.S. blacklist, as part of a trade truce amid stalled talks, The Wall Street Journal reported.
Read in Fox News: https://apple.news/
China Construction Bank and China Merchants Bank ace stress test conducted by DBS Bank
China Construction Bank and China Merchants Bank are seen as the two most resilient mainlands banks capable of withstanding an extreme economic downturn because of their strong capital base, according to a stress test conducted by DBS Bank. Only two other…
Read in South China Morning Post: https://apple.news/
Talking trade at G20: Can Xi veer Trump away from tariffs? | DW | 27.06.2019
When the leaders of the world's top 20 economies gather in the Japanese city of Osaka on June 28 and 29 for their annual summit, all eyes of the business world will be on the meeting between US President Donald Trump and his Chinese counterpart Xi Jinping. Trade will dominate the agenda of the two leaders, as escalating tensions and tit-for-tat tariffs have dragged relations between the world's two largest economies to the lowest point in decades. Read more: US-China trade spat: China's Asian
Read in DW: https://apple.news/
GLOBAL/NEWS/INFO
Today in History
Today is Friday, June 28, the 179th day of 2019. There are 186 days left in the year.
https://abcnews.go.com/US/Is a personal loan the best way for you to tackle debt?
Here’s everything you need to know to help you decide if a personal loan is your best option.
Read in MarketWatch: https://apple.news/AaXru2f_
10 Things to Know for Today
10 Things to Know for Today: Trump jokes to Putin: 'Don't meddle in the election'; Kamala Harris gets personal, delivers civil rights blow on Biden; G-20 leaders facing calls to protect growth, open trade
Read in ABC News: https://apple.news/
10 Things to Know for Today: Trump jokes to Putin: 'Don't meddle in the election'; Kamala Harris gets personal, delivers civil rights blow on Biden; G-20 leaders facing calls to protect growth, open trade
Read in ABC News: https://apple.news/
OIL/COMMODITIES/ENERGY
PRECIOUS-Gold falls as hopes of U.S.-China trade truce boost riskier assets
* SPDR Gold holdings fall 0.2% on Wednesday
Read in Reuters: https://apple.news/
A ‘perfect storm of demand’ is behind gold's recent rally
Gold has been on a tear, hitting a six-year high earlier this week as investors’ appetite for risk-off assets drive up the price.
Read in Yahoo Finance: https://apple.news/
Why Trump and Powell will send gold prices skyrocketing
The impressive run in gold prices may just be getting started.
Read in Yahoo Finance: https://apple.news/
Oil prices retreat from one-month highs as G-20 trade uncertainty, supply factors weigh
U.S. oil prices retreated from roughly one-month highs Thursday as global markets awaited pivotal trade discussions out the Group of 20, as Iran issues simmered and as the global supply picture took shape.
Read in MarketWatch: https://apple.news/
Massachusetts sweetening the deal for energy storage systems
A new $3.5 million energy storage system went online last month in Ashburnham, Mass., continuing a statewide expansion of systems designed to ease pressure on the electric grid at times of peak demand.
Read in Axios: https://apple.news/
U.S. power generation from renewables topped coal for the first time in April
U.S. power generation from renewables was higher than coal in April for the first time, new Energy Information Administration data shows.
Read in Axios: https://apple.news/
Platinum: Don't Fight The Supply And Demand Fundamentals
Platinum is trading near its 15-year lows even as gold has surged to its highest level since 2013.Physical commodity market presents a supply surplus with strong mining production out of South Africa, while the automobile industry demand continues to decline.Platinum has more downside as its weak industrial use fundamentals outweigh its investment case as a precious metal.This article highlights the Aberdeen Standard Physical Platinum Shares ETF's trading outlook.
Read in Seeking Alpha: https://apple.news/
BANKS/BANKING/CREDIT
The Best Credit Cards With Transferable Points
Using a credit card with transferable points means you don't have to be loyal to one airline carrier or hotel chain in order to amass enough miles for your dream vacation.
Read in Condé Nast Traveler: https://apple.news/
TransferWise launches US debit card that cuts costs when spending abroad
TransferWise launched a debit Mastercard in the U.S. for travelers, allowing users to spend in any of 40 different currencies with competitive fees.
Read in Yahoo Finance: https://apple.news/AyDV94-
How to curtail currency fees when paying for stuff abroad
When you swipe a debit or credit card in another country, you’re typically charged a fee to change your currency, often around 3%.
Read in Ladders: https://apple.news/A-
A shocking number of Americans don’t know whether they have credit card debt or not
This comes as credit card debt hits new record highs
Read in MarketWatch: https://apple.news/Aia8M-
Ukrainian reformers under fire as battle over PrivatBank heats up
By Natalia Zinets KIEV (Reuters) - The day after Ukraine elected a new president in April, former central bank chief Valeria Gontareva was summoned for questioning as a suspect in a corruption investigation. Days later, a Ukrainian journalist launched a Facebook campaign against Gontareva, accusing her of corruption. At his request, thousands of people sent emails to her new employer in London accusing her of pilfering state funds. Gontareva, a liberal economic reformer who quit as the National
Read in Business Insider: https://apple.news/
Revenues For Credit Suisse's Wealth Management Business Could Cross $10 Billion In Five Years
Credit Suisse has transformed its business model over the last decade from one that depended on capital-intensive investment banking operations to one that is anchored around wealth management. Trefis has summarized the changes in the bank’s wealth management business in its interactive dashboard
Read in Forbes: https://apple.news/AFqlUn_
TREASURIES/BONDS/STOCKS
Investors cannot rule out full escalation of US-China trade war, economist says
Seth Carpenter, U.S. chief economist at UBS, discusses the trade war between the U.S. and China.
Read in CNBC: https://apple.news/
Stocks edge up as Trump-Xi meeting looms
U.S. stocks rose slightly Thursday morning amid jitters over the outcome of a meeting between President Donald Trump and China’s Xi Jinping later this week.
Read in Yahoo Finance: https://apple.news/
Global investors pulled $3.78 billion from hedge funds in May
Global investors pulled $3.78 billion from hedge funds in May, despite overall outperformance against the stock market, a new survey from data firm eVestment shows. However, there was significant difference in redemptions based on size and performance.
Read in Axios: https://apple.news/AFVUB0C_
Axios Markets: Cracks in the labor market — Hedge fund divergence — Everyday Americans are worried
Was this email forwarded to you? Sign up here. (Smart Brevity count: 1,188 words / <5 minutes.) Situational awareness:
Read in Axios: https://apple.news/
As Trump touts stocks, bonds send an ominous message
While U.S. stock markets are hitting new record highs, the bond market is signaling that real trouble might lie ahead for the U.S. economy.
Read in The Hill: https://apple.news/
Day Ahead: Top 3 Things to Watch
Stock Markets Jun 27, 2019 18:54 GMT Investing.com - Death and taxes may still be the only certainties in life, but market-moving tweets are making a case for a third entry. Tomorrow, investors will be looking for and news, comments or, not entirely unlikely, insults coming from the beginning of the G20 meeting tomorrow in Japan. Here’s the top three things that could rock markets 1. Consumer Spending, Inflation to Ramp up Rate-Cut Expectations? Consumer spending and inflation data due Friday
Read in Investing.com: https://apple.news/Ak-
Top 5 Things to Know in the Market on Friday
Economy Jun 28, 2019 09:27 GMT Investing.com - Here are the top five things you need to know in financial markets on Friday, June 28: 1. G20 kicks off in Japan, bilateral meetings to steal spotlight The meeting of G20 leaders is underway in Osaka, Japan with market focus on bilateral talks on the sidelines of the main event. The undisputed headliners will be U.S. President Donald Trump and Chinese counterpart Xi Jinping at a bilateral meeting that will take place at 11:30 AM(2:30 GMT) local
Read in Investing.com: https://apple.news/
CRYPTO'S / DIGITAL CURRENCY
Another Indian Crypto Exchange Shuts Down Blaming Banking Ban
Regulatory uncertainty ushered in by India's central bank appears to have brought about the demise of the cryptocurrency exchange Koinex.
Read in CoinDesk: https://apple.news/
Facebook crypto plans turn up heat on EU banks over real-time payments
The euro zone could have an instant payments system shared by all banks in the bloc by the end of 2020, finance industry officials said, as lenders face more competition from the likes of Facebook and other tech firms.
Read in Reuters: https://apple.news/ADNHCIFl_
Bitcoin Price Analysis: BTC Experiences First Major Pullback in 41 Days -
A much-needed correction has finally arrived to cool off Bitcoin’s month-long parabolic uptrend. This is the first time the leading asset has printed a double digit loss against the US dollar since May 17 – over 40 days ago. Bitcoin Daily Chart On the 1D BTC/USD chart we can see that bears have now regained control of the over-extended Bitcoin market today, after the asset failed to break above the $13,400 during the American trading session (13:00 PT) yesterday. The correction has so far driven
Read in Bitcoinist.net: https://apple.news/
Bitcoin is an enterprise; its users are comparable to traditional shareholders, claims Goldmoney Founder
Bitcoin was conceived in the backdrop of banks bailouts and the 2008 financial crisis. The recession and the loss of faith in banking, financial institutions gave Bitcoin a platform to rescue the ones affected, giving them hope for a better financial system without the hassle of corrupt institutions. With the rise of Bitcoin's fame, both...
Read in AMBCrypto: https://apple.news/
How to buy bitcoin, which has rocketed in value in recent months
It's easy to buy bitcoin and other cryptocurrencies. Here's a guide on how to buy bitcoin using Coinbase.
Read in CNBC: https://apple.news/AL_
CURRENCIES
Dollar holds gains vs. yen, jitters prevail ahead of G20
By Shinichi Saoshiro TOKYO (Reuters) – The dollar hovered near a one-week high against the yen on Thursday, propped up by hopes of Sino-U.S. trade talk progress though investors were nonetheless cautious ahead of a meeting between leaders of the two powers in Japan in days ahead. The greenback was little changed at 107.730 yen,...
Read in CreaWorldNews: https://apple.news/
Forex - Dollar Mixed as World Awaits Trump-Xi Meeting at G20
Forex Jun 28, 2019 07:40 GMT Investing.com -- The dollar was quiet in a narrow range against most currencies in early trading in Europe Friday as markets await the outcome of the G20 meeting in Osaka, looking for signs of rapprochement between the U.S. and China. The key event will be a bilateral meeting between Saturday morning in Japan between the U.S. and Chinese presidents Donald Trump and Xi Jinping, which will give a degree of clarity over whether the trade dispute between the two will be
Read in Investing.com: https://apple.news/
Loonie could hit US$0.80 before Bank of Canada crashes the party
'… an exercise to discover the Bank of Canada's pain threshold'
Read in Financial Post: https://apple.news/
Pound to euro exchange rate: Pound falls to six month low with GBP ‘pressure’ forecast
THE POUND to euro exchange rate is not making for happy reading for British holidaymakers about to head abroad. Sterling’s “weak” and at a six-month low, according to experts. The pound to euro exchange rate has slumped to a six month low in figures worsening by the day. Currency experts confess GBP will be under “pressure” today, with a lack of data to influence proceedings. The pound is currently trading at 1.117 against the euro, according to Bloomberg, at the time of writing. Michael Brown
Read in Express: https://apple.news/AFwpo--
Ugandan shilling a notch firmer on charity, commodity inflows
The Ugandan shilling wasa notch firmer on Thursday, helped by dollar inflows fromcharities looking to pay month-end salaries and commodityexporters. At 0829 GMTcommercial banks quoted the shilling at3,695/3,705, slightly firmer than Wednesday's close of3,700/3,710. UGX Spot Rate..... Ugandan Shilling Money Guide.... Calculated Cross Rates.......... Deposits..................... Deposits & Forwards............. Uganda Equities Guide....... Uganda All Share Index........ Shilling background .....
Read in Reuters: https://apple.news/
WEEKAHEAD-AFRICA-FX-Kenyan Shilling seen under pressure, Zambian Kwacha firm
Kenya's currency is likely tocome under pressure next week as Zambia's holds firm and thoseof Nigeria, Tanzania and Uganda trade flat.
Read in Reuters: https://apple.news/
US and China should reach deal to arrest yuan slide
Chinese currency traders call it po qi or “breach seven”. That is the exchange-rate level of the depreciating yuan to the US dollar, the breaking of which is likely to signify a new and worsening phase in the trade war between China and the United States…
Read in South China Morning Post: https://apple.news/
Can You Make Money by Selling Money?
When you hear about foreign exchange and currency, you’re bound to hear the phrases ‘strong’ and ‘weak’. I’m not a big fan of those terms… Read More The post Can You Make Money by Selling Money? appeared first on Money Morning NZ: Stock Market News, Finance and Investments.
Read in Money Morning NZ: https://apple.news/
Slumbering FX confounds traders, prompts fear of rude awakening
Currency markets are so listless, the head of European foreign exchange sales at Nomura has taken to selling bonds instead.
Read in Reuters: https://apple.news/
HEALTH AND SCIENCE
Morning people may have a lower risk of breast cancer, says studySleep traits could be a risk factor for breast cancer, new research suggests. Women who said they preferred to get out of bed early were found to have a lower risk of breast cancer than those who stay up late.
Read in CNN: https://apple.news/AiGkMF_
Read in CNN: https://apple.news/AiGkMF_
Hopes raised of cervical cancer eradicationThe success of the HPV vaccination offers the hope of ending cervical cancer, say scientists.
Read in BBC News: https://apple.news/
Read in BBC News: https://apple.news/
Indiana girl, 12, contracts flesh-eating bacteria during trip to Florida beach, mom saysA family's beach vacation quickly turned into an emergency medical situation.
Read in Fox News: https://apple.news/
Read in Fox News: https://apple.news/
These drugs in your bathroom cabinet could increase your risk of dementia by 50%
This is the latest study to draw links between dementia and this class of medications.
Read in MarketWatch: https://apple.news/
This is the latest study to draw links between dementia and this class of medications.
Read in MarketWatch: https://apple.news/
Opinion: Price of these promising drug-related stocks shows investors are too cautious about the healthcare sectorSigns that healthcare stocks are undervalued can’t be ignored, writes Vitaliy Katsenelson.
Read in MarketWatch: https://apple.news/
Read in MarketWatch: https://apple.news/
USA / CANADA
Opinion: Why the global balance of power could hinge on the Trump-Xi meeting
Donald Trump has called a meeting where the outcome is beyond his control. We expect Xi to exercise his unilateral power to refuse any concessions to the United States, writes Carl Weinberg.
Read in MarketWatch: https://apple.news/
The U.S. jobs market is starting to worry economists
The U.S. jobs market, having long been the bedrock of the nation's economic expansion, is starting to worry economists ahead of next week's payroll data.
Read in Axios: https://apple.news/ApTbVy-
U.S. economy accelerated in first quarter, but momentum fading
U.S. economic growth accelerated in the first quarter, the government confirmed on Thursday, but the export and inventory boost to activity masked weakness in domestic demand, some of which appears to have prevailed in the current quarter.
Read in Reuters: https://apple.news/AKc6V_
China's fractious trade moves will force Canada to look to other markets: Don Pittis
China's attacks on Canadian commodity exports may or may not be resolved at the G20 summit. But if Canadian businesses are learning that China is not a reliable trade partner, it may be a catalyst to look elsewhere.
Read in CBC News: https://apple.news/
EMERGING MARKETS
'People are very scared': fighting dengue fever in Brazil – in picturesDengue fever is one of the most deadly mosquito-borne diseases – half the world’s population is at risk from it. Adrienne Surprenant’s photos from the World Mosquito Program in Brazil capture the fight against it Continue reading...
Read in the guardian: https://apple.news/
Washington Post: Puerto Rico might not get $600 million in aid until September despite new lawThe Trump administration has not sent $600 million in emergency food stamp aid to Puerto Rico two weeks after President Donald Trump approved the funds, and the US territory does not expect to receive the funding until September, according to The Washington Post.
Read in CNN Politics: https://apple.news/
Scotiabank says global revamp complete after sale of Puerto Rico, U.S. Virgin Islands operationsWill take after-tax net loss of between $300 million and $360 million
Read in Financial Post: https://apple.news/
Kuwaiti equities to be in main MSCI emerging markets index from 2020MSCI Inc said on Tuesday it would upgrade Kuwaiti equities to its main emerging markets index in 2020, a move that could trigger billions of dollars of inflows from passive funds.
Read in Reuters: https://apple.news/A8-
MSCI’s upgrade of Kuwait may lure $2.2bn investments – ReportMubasher: MSCI’s upgrade of Kuwait to an Emerging Market status is expected to attract $2.2 billion in investments to the GCC country, according to a report released by KAMCO Research. Kuwait must implement the omnibus account structures and …
Read in Mubasher: https://apple.news/Ax7KC-
As The G-20 Approaches, Policy Uncertainty Weighs On Emerging MarketsWill the G-20 summit bring a truce?What's been the impact on emerging markets?What's been the impact on developed markets?
Read in Seeking Alpha: https://apple.news/AU-
Bullish on equities and emerging markets, strategist says
Christopher Peel, chief investment officer at Tavistock Investments, says the Fed has "clearly been pressured by the White House."
Read in CNBC: https://apple.news/
As The G-20 Approaches, Policy Uncertainty Weighs On Emerging Markets
Will the G-20 summit bring a truce?What's been the impact on emerging markets?What's been the impact on developed markets?
Read in Seeking Alpha: https://apple.news/AU-
MIDDLE EAST
WRAPUP 1-Iran on course to exceed nuclear pact limit within days -diplomats
Iran is on course tobreach a threshold in its nuclear agreement with world powerswithin days by accumulating more enriched uranium thanpermitted, although it has not done so yet, diplomats said,citing the latest data from U.N. inspectors.
Read in Reuters: https://apple.news/AvQSo0k_
UPDATE 1-U.S. tells NATO it wants to avoid war with Iran -diplomats
(Adds quotes, details)
Read in Reuters: https://apple.news/
Macron says he warned Iran's Rouhani about breaking nuclear commitments
French President Emmanuel Macron warned Iran on Thursday not to quit its 2015 nuclear deal or give signals that it intended to do so, and said he would discuss efforts to avoid military escalation with U.S. President Donald Trump.
Read in Reuters: https://apple.news/
Iran warns U.S. of stronger reaction if its borders violated again: Tasnim
Iran warned the United States against violating its borders, with parliament speaker Ali Larijani threatening a stronger reaction, the Tasnim news agency said on Thursday, a week after Tehran shot down a U.S. drone, spiking tension between them.
Read in Reuters: https://apple.news/ANrp-
OPEC - Does It Really Matter?
A delay for the meeting.A continuation of output cuts is a given.The Saudis and Iran.Russia calls the shots.It's all about war and trade - volatility to continue.
Read in Seeking Alpha: https://apple.news/A8twhu-
Ankara’s economic tasks grow tougher after election rout
Reeling from a crushing defeat in a critical election rerun, Turkey’s government faces an uphill track in efforts to fix the economy, littered with major political risks, both at home and abroad.
Read in Al-Monitor: https://apple.news/
The World Bank calls for making Iraq a global hub for telecommunications and the Internet
Economy News - Baghdad
The Middle East countries have an opportunity to build a digital economy that transforms them into a commercial service center and advanced connectivity and communication activities, a report by the World Bank said on Thursday, calling for the importance of making Iraq a hub for international connectivity in the broadband and telecommunications markets.
Electronic payment services
To all banks and electronic payment providers ( electronic payment services ) Further to our General Assemblies numbered 402/23, 168/23, 1091/23 and 1162/23, dated 2018/3/12, 2019/1/28, 2019/6/2, and 2019.6.13. In view of the Bank's plans for conversion In order to reduce the burden on the beneficiaries of the service, we call on banks and electronic payment companies to take the necessary and develop plans and strategies for the deployment of collection tools (ATMs, points of sale) in proportion to the number of cards, and no objection to continue to work through agents / Until adequate availability of ATMs is available.cbi.iq/news/view/
Withdrawal of the license of the Urban Company to mediate the sale and purchase of foreign currencies
To / Ministry of Commerce / Companies Registration Department ( Withdrawal of Leave )
The Board of Directors of this bank No. (89) for the year 2019.
The law of the Central Bank of Iraq No. (56) for the year 2004 and combating money laundering and terrorist financing No. (39) for the year 2015 and controls the organization of the work of companies mediating the sale and purchase of foreign currency No. (1) for the year 2018.
It is decided to withdraw the company's license above and confiscate the letter of guarantee issued by the bank of Noor Iraq Islamic by JD (50,000,000) (JD 50 million) in favor of this bank and cancel the certificate of establishment granted to you by you and provide us with a letter of cancellation of the company name from your records.cbi.iq/news/view/1166
AFRICA
Zimbabwe's bad dollar returns#CONFIDENTIALLYSPEAKING • The Africa Confidential Blog • 27th June 2019
Read in Africa Confidential: https://apple.news/AKsfL-
Zimbabwe: EU Commits U.S.$34 Million to Tackling Sexual Gender Based Violence(Photo: Daily News) Government is set to receive U.S.$34 million from the European Union (EU) in an initiative meant to help create a violence-free, gender-responsive and inclusive society. European External Action Service deputy secretary-general, Christian Leffler announced this at the Spotlight Initiative country programme launch this week. "Gender-based violence is not inevitable but is literally man-made. The solution lies with the strong cooperation of all, international actors, government
Read in AllAfrica: https://apple.news/A3JRK-
Zimbabwe: Mangudya - RBZ to Print $400 Million More Bond Notes(Photo: Zimbabwe Independent) The Reserve Bank of Zimbabwe (RBZ), will print an extra $400 million in bond notes and coins to cover the gap left by the withdrawal of hard currencies, Governor John Mangudya said Wednesday. On Monday, government, in a shock move, announced the multi-currency regime that had obtained for a decade would be abolished with immediate effect, designating the Zimbabwean dollar as sole legal tender for all local transactions. Mangudya was however quick to allay fears of
Read in AllAfrica: https://apple.news/
Zimbabwe: Smuggling - the New Corruption Frontier in Zimbabwe(Photo: Zimbabwe Independent) As the Zimbabwean economy rapidly slides into hyperinflation induced recession, the levels of smuggling at the country's border posts has reached alarming levels. Cross border traders, foreign nationals, truckers and businesses by-pass paying duty through coming up with advanced strategies of smuggling commodities in and out of Zimbabwe. By Victor Bhoroma The smugglers are aided by law enforcement agents, clearing agents, Minerals Marketing of Zimbabwe (MMCZ) and
Read in AllAfrica: https://apple.news/
Zimbabwe: Malnutrition Remains a Public Health ProblemAfter the Tropical Cyclone Idai, which affected Zimbabwe, Mozambique and Malawi, early this year, a 46-year-old Margaret Sithole of Chimanimani now feeds her children with plain manhuchu (samp) also known as Umngqusho. Samp is a common dish in Zimbabwe and since it is rich in starch, many combine it with meats and vegetables, but not for poor Sithole and her family. Cyclone Idai destroyed her crops and she was forced to sell a few chickens and goats that survived to fend for her three kids. With
Read in AllAfrica: https://apple.news/A-Tnr5-
Zimbabwe: Zera Raids Over 2 000 Illegal Fuel Dealers
The Zimbabwe Energy Regulatory Authority (Zera) has raided over 2 000 illegal fuel dealers countrywide in the last seven months as part of an ongoing operation to bring sanity in the sector. Coming at a time when the country is battling a fuel supply gap in the face of foreign currency shortages, illicit fuel deals have been blamed for causing distortions. Zera acting chief executive officer Eddington Mazambani told our Bulawayo Bureau that their officers, working with the police, were out in
Read in AllAfrica: https://apple.news/
South Africa strike: Miners stand against harassmentAlmost 300 miners in South Africa have now spent a week underground as they have been protesting against several recent sackings. Their union says many workers at the Rustenburg mine have also been victims of sexual harassment. Al Jazeera's Fahmida Miller reports from North West province, South Africa.
Read in Aljazeera: https://apple.news/
Angola’s National Bank launches Deposit Guarantee Fund
Bank depositors in Angola will now have their deposits guaranteed with the launch on Tuesday in Luanda by the National Bank of Angola of the Deposit Guarantee Fund, which has an initial allocation of 13.8 billion kwanzas (US$1.767 billion), according to central bank information. Created through presidential decree no. 195/18, the initial value for setting...
Read in FurtherAfrica: https://apple.news/AZi43lK_
ASIA
Innovation And Collaboration Are The Keys To Malaysia's Energy Transition
Asia continues to be the fastest growing region in the world today. Malaysia remains at the center of the region’s development, but rapid changes in the marketplace and stringent regulatory requirements pose many challenges for businesses.
Read in Forbes: https://apple.news/
China to insist US lift Huawei ban during G-20 meeting as part of trade deal, report says
Chinese President Xi Jinping is expected to meet with President Trump on Saturday where he will lay out several demands, including the removal of Huawei from U.S. blacklist, as part of a trade truce amid stalled talks, The Wall Street Journal reported.
Read in Fox News: https://apple.news/
China Construction Bank and China Merchants Bank ace stress test conducted by DBS Bank
China Construction Bank and China Merchants Bank are seen as the two most resilient mainlands banks capable of withstanding an extreme economic downturn because of their strong capital base, according to a stress test conducted by DBS Bank. Only two other…
Read in South China Morning Post: https://apple.news/
To dodge trade war, Chinese exporters shift production to low-cost nations
Pressured by a labor crunch and rising wages in China, Shu Ke'an, whose company supplies bulletproof vests, rifle bags and other tactical gear to the United States, first considered shifting some production to Southeast Asia a few years ago, but nothing came of it.
Read in Reuters: https://apple.news/
Pressured by a labor crunch and rising wages in China, Shu Ke'an, whose company supplies bulletproof vests, rifle bags and other tactical gear to the United States, first considered shifting some production to Southeast Asia a few years ago, but nothing came of it.
Read in Reuters: https://apple.news/
Talking trade at G20: Can Xi veer Trump away from tariffs? | DW | 27.06.2019
When the leaders of the world's top 20 economies gather in the Japanese city of Osaka on June 28 and 29 for their annual summit, all eyes of the business world will be on the meeting between US President Donald Trump and his Chinese counterpart Xi Jinping. Trade will dominate the agenda of the two leaders, as escalating tensions and tit-for-tat tariffs have dragged relations between the world's two largest economies to the lowest point in decades. Read more: US-China trade spat: China's Asian
Read in DW: https://apple.news/
EUROPE
Greece licenses Exxon, Total to explore untapped waters off Crete
Greece on Thursday awardedlicences to ExxonMobil and Total to search forhydrocarbons off the island of Crete, marking the country'sfirst major foray into an oil and gas search in the region.
Read in Reuters: https://apple.news/
Brexit Brief: Pro-EU MPs prepare another move to block disorderly EU exit
A cross-party group of MPs in the U.K. parliament are mounting a bid to block the presumed front-runner for PM, Boris Johnson, from abandoning talks with the EU and taking the country out on October 31 without a withdrawal deal.
Read in MarketWatch: https://apple.news/AD6eXaoDXS-
Angela Merkel, German leader who guided EU through crisis, seen shaking again
German Chancellor Angela Merkel was seen shaking as she met President Frank-Walter Steinmeier on Thursday, her second such bout within two weeks, but her spokesman said she was fine.
Read in Reuters: https://apple.news/
Britain's investment funds face scrutiny as Bank of England's Carney blasts liquidity 'lie'
The U.K. fund industry is facing calls for new regulation with Bank of England Governor Mark Carney telling lawmakers that some investment funds are "built on a lie."
Read in CNBC: https://apple.news/
Germany, Italy drive euro zone economic sentiment down to three-year low
BRUSSELS (Reuters) – Euro zone economic sentiment dropped to its lowest point in nearly three years in June as confidence fell markedly in the bloc’s largest economies, and mostly in Germany and Italy, European Commission data showed on Thursday. The Commission said that its main indicator of economic confidence dropped to 103.3 points in June...
Read in CreaWorldNews: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI Closed on Friday and Saturday
The currency auction is
There are no news and announcements.
Rafidain launches a new meal of the predecessor of state employees
Release date: 2019/6/29 9:03 • 175 times read
(Baghdad: Al-Furat News) Bank of Rafidain, Saturday, a new meal of the advance of employees of the State Departments, which ranged between 3 and 5 and 10 million dinars through the MasterCard card International.
The bank's information office said in a statement received by Al-Furat News that a new batch of State Department employees had been paid to more than 2,400 employees whose salaries had been settled at the bank and received the electronic card.
The statement said that "the disbursement of this advance was through the customer's fingerprint and then notify the employee by sending him a text message informing him of the advance payment, after he completed all the legal procedures to grant it and disbursement through electronic payment tools, which was filled the financial balance to it."
The statement said that "the disbursement of this advance was through the customer's fingerprint and then notify the employee by sending him a text message informing him of the advance payment, after he completed all the legal procedures to grant it and disbursement through electronic payment tools, which was filled the financial balance to it."
The ISX Closed on Friday and Saturday
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
http://www.dinarguru.com/
6-29-2019 Intel Guru MarkZ [via PDK] There have been many RV’s over the years starting with Germany and Japan after world war 2. They have happened many times throughout the years...many of you remember Kuwait. Its just we never had the internet before and its never been this widespread. Remember Warren buffet invested 17 million in the Iraqi dinar years ago...and he said that he felt the Dinar was a good long term investment...so this is real...
6-28-2019 Intel Guru RayRen98 Thursday Morning Update: Ali Allawi is announced as the new Governor of the CBI. The Minster of Education was rejected...new names are to be submitted. Thursday Afternoon Update: Parliament has received a candidate name for the Minister of Education position, it is anticipated to pass on Saturday. Parliament alleges that naming the new CBI governor will be delayed 3 months. A person attending a private exchange meeting for a "determined date" learned of the following screen rates....Dinar $3.65; Dong $1.25...Some bank employees are being informed to plan to "work" on Saturday (when they usually don't). Some banks are expecting a large influx of "banking services" activity in the coming days.
6-28-2019 Newshound Guru larrykn Iraq has never said they were going to do the RV next year, they never said anything about the RV. Its just what needs to take place for them to do it is the question, which IMO could happen anytime they feel they are ready. They seem to have been moving forward a lot lately so time will tell...
6-28-2019 Intel Guru MarkZ [via PDK] Some contacts are saying nothing happening now until Sunday. If it doesn’t happen by about noon today I think they may be right. We hear there is a lot of ultimatums given for it to happen now... Bottom line right now folks we are at the perfect storm at the perfect place. We are at the point now where they have to do one of two things. They have to implode and we get the reset or they have to pull the trigger to reset before it implodes...My treasury contact seems to think it’s going to be on Sunday. This reset is soup…it’s on the stove ready to serve. We still hear Trump wants it done by the 4th...or so...
6-28-2019 Intel Guru Bruce [via PinkRoses] ...Now we know that when President Trump left...for Osaka, Japan, we know he was in a pretty good mood I understand regarding where everything was on our blessing. ...I believe ...it is possible this blessing is even intergated somehow into the Chinese Trade Agreement. ...I am not quite sure how it would manifest in there. I think that is really possible. I have been told that the toll-free numbers should be a daytime event as well as exchanges starting as a daytime event...I think it is very possible we get called...meaning me with numbers. I think we can set our appointments and start tomorrow [Friday]...I believe tomorrow [Friday] is a deadline, a backwall, of some sort. So, rates are off the screens front and back. They will come back up in the morning [Friday], and I believe that everything will be good to go. I am excited about that.
6-28-2019 Intel Guru Eagleone2025 IT IS LOOKING VERY GOOD...I CAN SAY A LOT OF GOOD THINGS ARE HAPPENING...
6-28-2019 Newshound Guru Breitling ...When I first got into this investment from the reports I got...I thought it was going to revalue at 12 cents. That was the highest it was going to go. This was in the very very early stages. So that's how I bought my dinar based on that. Then later on down the road they started saying hey, "we want it to come in at $1.18. Eventually we want it at $3.25." Understanding in my mind that it's going to be a process that it's not gonna be boom its gonna revalue. They specifically said it's going to be a process. I believed in it and I still do believe in it...
6-28-2019 Intel Guru MarkZ [via PDK] Some contacts are saying nothing happening now until Sunday. If it doesn’t happen by about noon today I think they may be right. We hear there is a lot of ultimatums given for it to happen now... Bottom line right now folks we are at the perfect storm at the perfect place. We are at the point now where they have to do one of two things. They have to implode and we get the reset or they have to pull the trigger to reset before it implodes...My treasury contact seems to think it’s going to be on Sunday. This reset is soup…it’s on the stove ready to serve. We still hear Trump wants it done by the 4th...or so...
6-28-2019 Intel Guru Bruce [via PinkRoses] ...Now we know that when President Trump left...for Osaka, Japan, we know he was in a pretty good mood I understand regarding where everything was on our blessing. ...I believe ...it is possible this blessing is even intergated somehow into the Chinese Trade Agreement. ...I am not quite sure how it would manifest in there. I think that is really possible. I have been told that the toll-free numbers should be a daytime event as well as exchanges starting as a daytime event...I think it is very possible we get called...meaning me with numbers. I think we can set our appointments and start tomorrow [Friday]...I believe tomorrow [Friday] is a deadline, a backwall, of some sort. So, rates are off the screens front and back. They will come back up in the morning [Friday], and I believe that everything will be good to go. I am excited about that.
6-28-2019 Intel Guru Eagleone2025 IT IS LOOKING VERY GOOD...I CAN SAY A LOT OF GOOD THINGS ARE HAPPENING...
6-28-2019 Newshound Guru Breitling ...When I first got into this investment from the reports I got...I thought it was going to revalue at 12 cents. That was the highest it was going to go. This was in the very very early stages. So that's how I bought my dinar based on that. Then later on down the road they started saying hey, "we want it to come in at $1.18. Eventually we want it at $3.25." Understanding in my mind that it's going to be a process that it's not gonna be boom its gonna revalue. They specifically said it's going to be a process. I believed in it and I still do believe in it...
6-27-2019 Intel Guru MarkZ We are in 2 windows right now...From tonight until midday tomorrow...if it doesn’t go by then –the second window starts on Sunday...Iraq does not have a new rate as of 2 hours ago. ...we are in the perfect storm right now...this is minute to minute and we are in it to win it.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Mahdi's website)
At the time this report was submitted, there are no new articles posted on PM Mahdi's website.
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ARTICLE 2 (from Government of Iraq twitter account)
At the time this report was submitted, there are no new tweets posted on the Government of Iraq twitter
account.
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ARTICLE 3
High security measures in Basra .. Demonstrators: continue to achieve demands
2019/6/28 21:56
[Basra - where]
Security forces on Friday imposed tight security in the province of Basra. A source familiar with the press statement that "the security forces imposed strict security measures in the province of Basra, and also put concrete blocks in front of government institutions and buildings of Arab and foreign embassies in the province in anticipation of the intrusion by demonstrators angry for poor services."
"The demonstrators demanded the improvement of services and the end of the unemployment file, while demanding the removal of Governor Asad al-Eidani and open an investigation on contracts of projects not implemented and faltering."
The source added that "the demonstrators confirmed the continuation of the demonstration until the fulfillment of demands, and the exit of major demonstrations throughout the province in the coming days," revealing the existence of mobility by the provincial council questioning the governor about the waste of public funds and suspicions of corruption projects Basra.
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ARTICLE 4
Deputy for Parliamentary Security: We have received files of corruption on security leaders in the interior and defense
2019/6/28 15:33
[Baghdad-where]
A member of the parliamentary security and defense committee, Badr al-Ziadi, on Friday, received a large corruption evidence on some security leaders in the ministries of defense and interior, while the committee will work to change the corrupt and remove them from their posts.
The committee member Badr al-Ziadi said in a press statement that "the committee received evidence of corruption on a large number of security leaders in the interior and defense," noting that "every military commander remained in his office 4 years or more will be evaluated by the Committee and change the inefficient and dismiss them in coordination with Prime Minister Adel Abdul Mahdi. "
He added that "the next few days there will be a real assessment, and each leader takes his entitlement," stressing that "the Commission has many indicators of corruption on some security leaders and security services and they need to reconsider and we will raise their names to the Prime Minister to change them."
The Security and Defense Committee has announced more than once that it is seeking to assess the security leaders, given the existence of large corruption suspicions in the ministries of interior and defense, especially on armament contracts in addition to the movements of the members.
And announced the deputies of an alliance going through this month, their tendency to "screening" security leaders and retain the competent and the removal of corrupt.
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ARTICLE 5
Maliki attacks the Manama conference in a harsh tone
2019/6/28 22:21
[Baghdad-where]
The leader of a coalition of state law, Nuri al-Maliki, Friday, considered the Manama conference "a serious step and betrayal of the cause of the Islamic nation."
"The Islamic nation, in all its diversity, rejects and condemns the convening of the Manama conference, which is a serious step and a betrayal of the cause of the Islamic nation in general," Maliki said in a tweet on Twitter on June 28, 2019.
"It is strange that things reach the acceptance of the humiliation of Zionist attacks on the sanctities of the nation in Palestine and the Golan and its aggression on Syria and Lebanon and Islamic sanctities."
"We call upon the peoples of the Islamic nation to move seriously and to organize their positions to reject this advanced step from the state of complacency and acceptance on the path of the deal of the century and condemn the regimes and countries participating in the conference as a complicit and partner.
He concluded by saying: "Thank you to all those who refused to participate and returned this insulting invitation to their owners, especially Lebanon, Iraq and the Islamic Republic of Iran."
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