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The House of Representatives raises its meeting for one hour because of the lack of quorum
Release date: 2019/6/27 11:17 • 68 times read
{Baghdad: Al Furat News} The Iraqi Council of Representatives, on Thursday, to raise its meeting for an hour because of the lack of quorum.
A parliamentary source told the {Euphrates News} that "the House of Representatives lifted its 28 for an hour."
"The delay came because the quorum was not completed," the source, who asked not to be identified, said Abadi and Shinker discuss the continued support of Iraq internationally and the situation in the region
Editorial date: 2019/6/27
(Baghdad: al-Furat News) President of the coalition of victory Haider al-Abadi, with the Assistant Secretary of State for Middle East Affairs David Schenker and his delegation continued to support Iraq internationally and the situation in the region.
A statement issued by his office, received by the {Euphrates News}, that "during the meeting discussed the strengthening of bilateral relations between the two countries and the continued support of Iraq internationally for its reconstruction and the situation in the region."
Abadi stressed during the meeting that "Iraq, which achieved what the world called a miracle through its victory over the gangs of Daash terrorist looks forward to continued support from the international community to complete the second phase of victory and the reconstruction." While Shinker praised the great role of the leadership of Abadi during the last stage and the great development that brought it in many details of Iraq. Administrative Court dismisses the governor of Karbala Aqil Turaihi
Editorial date: 2019/6/27 10:40 • 161 times read
(Karbala: Al Furat News) The Administrative Court of Justice ratified on Thursday the decision to remove the governor of Karbala Aqil Turaihi from office.
A judicial source, told the {Euphrates News}, "The Administrative Court of Justice ratified today, the decision to remove the governor of Karbala Aqil Turaihi from office."
The Karbala provincial council voted (Thursday, the 23rd of last May), to remove the governor Aqil Turaihi, because of files of financial and administrative corruption. Baghdad Municipality: lifting concrete blocks for two locations north of the capital
Date of release: 2019/6/27 10:37 • 108 times read
(Baghdad: Al-Furat News) The Secretariat of Baghdad, on Thursday, the lifting of the concrete blocks of two locations north of the capital.
The Secretariat said in a statement received by the {Euphrates News}, a copy of it, that "a joint effort included the special squad in the Prime Minister's Office and the Office of the Secretary of Baghdad has been lifting the concrete blocks from the vicinity of Rafidain Bank / Bratha Branch within the area of Kadhimiya."
She added that "the other site represents the lifting of the concrete blocks of the vicinity of the Department of the Waqf Shiite within the Damerji Street in Kadhimiya, to start the municipality of Kadhimiya campaign to clean the two closed positions for several years." Wisdom Movement joins opposition, leaves Reform Alliance
Thursday، 27 June 2019 12:47 AM
MP Hassan al-Masoudi revealed on Wednesday that the Wisdom Movement left the Reform and Reconstruction Alliance as the movement joined the opposition ranks.
After the Wisdom Movement officially went to the parliamentary opposition, it has become an obstacle to the political blocs belonging to the Reform and Reconstruction Alliance which still supports the government, Masoudi said. Ammar al-Hakim, head of the National Wisdom Movement in Iraq announced earlier withdrawing from the Reform and Reconstruction Alliance in the parliament, calling on the leadership of the alliance to choose an alternative head. Iran-backed IMIS launched missiles at US embassy: Zebari
Thursday، 27 June 2019 12:14 AM
Iraq's former Finance Minister Hoshyar Zebari said that factions of the Iran-backed IMIS are behind launching missiles earlier at the US embassy.
Zebari said that the missiles launched against the US embassy aimed to give a message of warning and incite fear. The Iraqi government affirmed that it would respond directly to the attacks of the responsible factions, Zebari added.
Kauaihn Iraq Articles:dd
In the document .. Abdul Mahdi sends the names of candidates for special grades to parliament to vote on them
Editorial date:: 2019/6/27 8:44 • 385 times read
(Baghdad: Al-Furat News) Prime Minister Adel Abdul-Mahdi, the names of candidates for positions of special grades, including the Governor of the Central Bank to the House of Representatives after the approval of the Council of Ministers.
Al-Furat News, received a copy of a document issued by Abdul-Mahdi and addressed to the parliament, which included the nomination of Ali Abdul Amir Allawi for the post of central bank governor, and Salah Nuri Khalaf for the post of Chief of the Office of Financial Supervision, and Mohamed Abdel-Mahdi Mohamed Taqi Hakim for the post of adviser to the Prime Minister, Hassan Nema for the post of Undersecretary of the Ministry of Oil, Hamid Younis Saleh Zobaie for the post of Undersecretary of the Ministry of Oil, and Adel Karim Kak Ahmed for the post of Undersecretary of the Ministry of Industry. "
Disclosure of the share of political blocs from the positions of ambassadors
In the policy of June 27, 2019 comments on the disclosure of the political blocs share of the positions of ambassadors closed 14 visits
BAGHDAD / SNG - Deputy Chairman of the Committee on Foreign Relations Parliamentary, Zafer al-Ani, on Thursday, the quotas of political blocs in the lists of candidates for new ambassadors, among that among the 70 candidates will be the political blocs 35.
Al-Ani said in a statement to SNG that "the names of candidates for ambassadors within the quota of political blocs, which equal 35 candidates out of 70," noting that "the Committee on Foreign Relations began receiving candidates until June 30." He pointed out that "the formula used in the distribution will be for every ten deputies as ambassador," explaining that "the right of the political blocs to nominate more than one name to choose the best among them through professional interviews." "The committee will have an observer with the competent committee that tests candidates in the foreign ministry," he said. It is noteworthy that most of the political blocs, announced their waiver of their shares of special grades, and it was agreed to remove the political consensus on positions. Document: including the governor of the Central Bank .. Abdul Mahdi sends the names of candidates for special positions to Parliament
12:13 - 27/06/2019
Baghdad Mawazine News
Prime Minister Adel Abdul Mahdi, the names of candidates for positions of special grades, including the Governor of the Central Bank to the House of Representatives after the approval of the Council of Ministers.And obtained / Mawazin News /, a document issued by Abdul-Mahdi and addressed to the parliament, which included that he was nominated Ali Abdul Amir Allawi for the post of Governor of the Central Bank, and Salah Nuri Khalaf for the post of Chief of the Office of Financial Supervision, and Mohamed Abdel-Mahdi Mohamed Taqi Hakim for the post of adviser to the Prime Minister, Hassan Nema for the post of Undersecretary of the Ministry of Oil, Hamid Younis Saleh Zobaie for the post of Undersecretary of the Ministry of Oil, and Adel Karim Kak Ahmed for the post of Undersecretary of the Ministry of Industry.
Canadian officer to lead the NATO mission in Iraq
11:38 - 27/06/2019
Follow up Mawazine News
Canadian Defense Minister Hargit Sagan said Wednesday that a Canadian officer, Brigadier General Jenny Carinian, will take over the command of the North Atlantic Treaty Organization (NATO) mission in Iraq, which is 580 troops, about half of them Canadian.
Carinian, who will soon be promoted to Major General, is currently in command of the Second Canadian Brigade and a joint force of the Eastern Canadian Forces based in Quebec. She has served in Bosnia and Herzegovina, the Golan Heights and Afghanistan. This officer will be the head of the NATO mission in Iraq, another Canadian officer, Major General Danny Fortino, who leads the force since its inception in November 2018. Ottawa, which was officially extended in March for a year to participate in the Atlantic force in Iraq, contributes about 250 troops and three helicopters. "We are pleased to work with NATO and continue our role in leading the mission in Iraq. In addition, I am pleased that Brigadier-General Karenin will lead the mission after upgrading to the rank of general," the Canadian minister said in a statement.
Jubouri warns of the spread of wheat fires to the sulfur of the Mashraq
27/06/2019
(Independent) .. The head of the Committee on Health and Environment MP Qutaiba Jubouri Prime Minister and the parties concerned to intervene immediately to deal with the environmental disaster that occurred in Mosul because of the spread of wheat fires to the sulfur of Mashraq and the occurrence of suffocation and death in the parents because of poisonous gases emitted from fires, In the affected area.
"The fires that hit the wheat crop in Mosul have spread to the sands of Mashraq south of the city, and the sulfur began to ignite and emit poisonous gases, which led to suffocation and death among the people," Jubouri said, noting that "this disaster will be caused by serious repercussions on the environment and at all joints of life In areas stretching from Mosul to Salah al-Din. "
"If the fire was dealt with at the beginning of this disaster, which went beyond the destruction of the Iraqi economy and worsened to the point of killing people, has the government failed all the possibilities to address the crop fires? "He said.
"This disaster requires immediate intervention by the government and the state of alert and harness all the possibilities of the state to put out the fires, and alert all ministries, including health, the interior, defense and municipalities to control this environmental disaster."
He called on all "to bear their responsibilities in preserving the lives of citizens," stressing that "any failure to address this disaster is an insult to the lives of the Iraqi people."
Four police were killed, Da'ashi was executed and Indonesian was jailed
Declaration «emergency» after a fire in a sulfur factory south of Mosul
Published: 27/06/2019
The Iraqi governor of Nineveh declared a state of emergency on Wednesday after a fire broke out in a sulfur factory south of Mosul, which caused dozens of civilians to be suffocated by gas emissions and raised fears of an environmental disaster. Four federal police officers, including an officer, An explosive device south of Kirkuk, while the Criminal Court of Nineveh, on Wednesday, sentenced to death by hanging to death against a person convicted of belonging to the organization «Da'ash», and participation in the murders and kidnapping of citizens of the Yezidi sect, and sentenced an Iraqi court sentenced to 15 years imprisonment for convicted Nationality of India And on the charge of belonging to the terrorist organization.
Security sources said that dozens of civilians were injured by bottlenecks from the gas emissions from the fire of the sulfur plant south of Mosul. A source said security, the remnants of burning sulfur in Nineveh «generated toxic emissions may affect citizens near the site of the fire». According to local reports, the fire broke out near the squares of the company of sulfur Al-Mashraq, located in the "area of Qayara" south of Mosul, the center of Nineveh.
On the other hand, the Media Center of the Supreme Judicial Council stated that "the first body of the Ninawa Criminal Court considered the case of one of the convicted and sentenced him to death by hanged to death after his confession to the execution and killing of citizens of the Yezidi sect and the involvement of women from the same sect." "The terrorist was dressed in Afghan uniform, carrying a weapon and working in the so-called Islamic police of the terrorist organization. He also participated in the battles against the security forces in Sinjar district, especially in Adnaniyah, Al-Kahtaniya, Al-Jazeera, Dumeiz and Kuju village." He pointed out that "the sentence hanging to death was issued against him on the basis of his clear and frank confession."
"The Central Criminal Court considered the case of a woman accused of belonging to the terrorist organization Da'ash, and sentenced her to 15 years in prison after the charges were proven," the media center said in a statement. The statement said that «the conviction of the Indonesian nationality was married to one of the elements of the organization was killed by the bombing of the international coalition aircraft, and has already entered the Iraqi territory through Syria, specifically to the district of Tal Afar in Nineveh». "The court found evidence sufficient to convict the defendant in accordance with the provisions of the Iraqi terrorism law," the statement said. Security sources said that four policemen, including an officer, were killed when a roadside bomb exploded during a patrol of the federal police in the area of donations between the Rashad district and the district of Daqouq, south of the province of Kirkuk -
The Iraqi governor of Nineveh declared a state of emergency on Wednesday after a fire broke out in a sulfur factory south of Mosul, which caused dozens of civilians to be suffocated by gas emissions and raised fears of an environmental disaster. Four federal police officers, including an officer, An explosive device south of Kirkuk, while the Criminal Court of Nineveh, on Wednesday, sentenced to death by hanging to death against a person convicted of belonging to the organization «Da'ash», and participation in the murders and kidnapping of citizens of the Yezidi sect, and sentenced an Iraqi court sentenced to 15 years imprisonment for convicted Nationality of India And on the charge of belonging to the terrorist organization.
Security sources said that dozens of civilians were injured by bottlenecks from the gas emissions from the fire of the sulfur plant south of Mosul. A source said security, the remnants of burning sulfur in Nineveh «generated toxic emissions may affect citizens near the site of the fire». According to local reports, the fire broke out near the squares of the company of sulfur Al-Mashraq, located in the "area of Qayara" south of Mosul, the center of Nineveh. On the other hand, the Media Center of the Supreme Judicial Council stated that "the first body of the Ninawa Criminal Court considered the case of one of the convicted and sentenced him to death by hanged to death after his confession to the execution and killing of citizens of the Yezidi sect and the involvement of women from the same sect." "The terrorist was dressed in Afghan uniform, carrying a weapon and working in the so-called Islamic police of the terrorist organization. He also participated in the battles against the security forces in Sinjar district, especially in Adnaniyah, Al-Kahtaniya, Al-Jazeera, Dumeiz and Kuju village."He pointed out that "the sentence hanging to death was issued against him on the basis of his clear and frank confession." "The Central Criminal Court considered the case of a woman accused of belonging to the terrorist organization Da'ash, and sentenced her to 15 years in prison after the charges were proven," the media center said in a statement. The statement said that «the conviction of the Indonesian nationality was married to one of the elements of the organization was killed by the bombing of the international coalition aircraft, and has already entered the Iraqi territory through Syria, specifically to the district of Tal Afar in Nineveh». "The court found evidence sufficient to convict the defendant in accordance with the provisions of the Iraqi terrorism law," the statement said. Security sources said that four policemen, including an officer, were killed when a roadside bomb exploded during a patrol of the federal police in the area of donations between the Rashad district and the district of Daqouq, south of the province of Kirkuk - See more at: http://translate.
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GLOBAL/NEWS/INFO
Monopoly Doesn’t Use Cash Anymore. That May Teach Kids Some Bad Financial Lessons. In a world of digital payments, parents need to be deliberate in teaching their kids about money. Read in Barron's: https://apple.news/AgPa2gNt-
Managing Your Monetary Workforce
You are the CEO of your financial world. As such, you should be actively managing your money team members, shuffling them around to the spots where they will serve you the best ... now and in the future. Read in Kiplinger: https://apple.news/
10 Things to Know for Today
10 Things to Know for Today: Mueller to testify publicly next month before 2 House committees; 2020 Democrats converge in Miami for 1st night of debates; Experts fear 'snowball effect' as Iran abandons nuclear deal Read in ABC News: https://apple.news/
OIL/COMMODITIES/ENERGY
Anti-dollar trade makes outlook for gold much more bullish The strong dollar story could be over for now, and that's putting a shine on the 'anti-dollar' trade—gold. Read in CNBC: https://apple.news/ Gold Prices Rise Amid U.S.-Iran Conflict; Near Six-Year Highs Commodities Jun 25, 2019 05:14 GMT Investing.com - Gold prices rose on Tuesday in Asia amid bubbling tensions in the Middle East. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 1.5% to $1,439.30 by 1:06 AM ET (05:06 GMT). The U.S. announced it is imposing new sanctions on Iran on Monday. It was Washington’s response to Iran’s shooting down of an unmanned U.S. drone last week. President Trump had approved retaliatory airstrikes before Read in Investing.com: https://apple.news/ Gold jumps to 6-year high Gold prices hit their highest level in six years on Tuesday as investors plowed into the precious metal amid the prospects for lower interest rates, a softer global economy and increased geopolitical tensions. Read in CNBC: https://apple.news/ Oil Prices Fall; U.S. Imposes Sanctions on Iran Commodities Jun 25, 2019 04:47 GMT Investing.com - Oil prices fell on Tuesday in Asia even after the U.S. slapped sanctions on Iran this week after the latter shot down an unmanned American drone last week. U.S. WTI were down 0.9% to $57.42 by 12:28 AM ET(04:28 GMT). International Brent fell 0.7% to $63.72. The fall in prices came even after U.S. President Donald Trump imposed new sanctions on Iran. “We will continue to increase pressure on Tehran until the regime abandons its dangerous Read in Investing.com: https://apple.news/ Russia leads as top crude supplier to China, overtakes Saudi Russia became the largest crude oil supplier to China in May, supported by robust demand from private refiners and alongside a fall in supplies from Iran. Read in Reuters: https://apple.news/AVvmt_ All markets have a lot at stake.President Trump gets a gift going into the meeting.The bearish case.The bullish case.A flashing golden signal - expect spikes. Read in Seeking Alpha: https://apple.news/
BANKS/BANKING/CREDIT
Opinion: The Fed is now enabling politicians to act recklessly Politicians are taking advantage of the central bank’s willingness to buy financial stability. Read in MarketWatch: https://apple.news/ Savers: Here Comes Bad News (And It Could Get Worse) Falling interest rates are already bad news for savers. And it could get worse. Read in Investor's Business Daily: https://apple.news/ Facebook's Libra must obey anti-money laundering rules: French central banker PARIS (Reuters) - Facebook's planned global 'Libra' cryptocurrency must respect anti-money laundering regulations and it must seek banking licenses if it offers banking services, France's central bank chief said in a magazine interview. Facebook Inc announced plans last week to introduce a new global cryptocurrency called Libra as part of an effort to expand into digital payments. Bank of France Governor Francois Villeroy de Galhau said that while there was room to improve cross-border money Read in Business Insider: https://apple.news/AXSe_ Britain's popular digital bank Monzo doubles valuation to $2.5 billion U.K. online bank Monzo raised $144 million in a fresh round of funding led by the U.S. start-up accelerator Y Combinator. Read in CNBC: https://apple.news/ Is Chase's 5/24 Rule Based on Inquiries or New Accounts? Reader Questions are answered twice a week by TPG Senior Points & Miles Contributor Ethan Steinberg. Since credit card welcome offers represent some of the best ways to rack up a large number of points and miles, it's critical to understand the various application restrictions from major issuers. One of the most important among these... Read in The Points Guy: https://apple.news/ Standard Chartered becomes third big lender in Hong Kong to scrap minimum-balance fee as virtual banks get ready to challenge their dominance Standard Chartered Bank will abolish its minimum-balance fee from August 1, the third major bank in a week to scrap the charge imposed on small depositors as Hong Kong’s traditional lenders prepare to fight off competition from virtual banks. HSBC and… Read in South China Morning Post: https://apple.news/ Kuwait's Burgan Bank hires HSBC, JPMorgan to coordinate bond sale Kuwait's Burgan Bankhas hired HSBC, JPMorgan to coordinate fixed income investormeetings ahead of a potential issue of a capital-boosting bonddenominated in U.S. dollars, a document by one of the banksleading the deal showed. Read in Reuters: https://apple.news/
TREASURIES/BONDS/STOCKS
Trade Wars Could End 10 Years Of Economic Growth While economic indicators may be signaling a slowdown, the most immediate threat to economic stability is the U.S.’ ongoing cold trade war with China. Should diplomacy fail, markets will cry out for Fed help. However, the Fed is limited in how accommodative it can be. Read in Forbes: https://apple.news/ We’re already in recession, here’s what to do, says economist who called last bubble Our call of the day, from economist Gary Shilling, known for predicting bubbles like the housing debacle of 2008, says the recession is already under way, but don’t worry about a ‘catastrophe’ to come. Read in MarketWatch: https://apple.news/ANjCf_ UPDATE 2-China to launch first yuan bonds in casino hub Macau * China MOF to debut bonds in Macau, says to help developlocalmarket Read in Reuters: https://apple.news/ European markets down as G-20 preparations begin Representatives of China and the U.S. began positioning ahead of the summit in Japan Read in MarketWatch: https://apple.news/ It's 'too soon' to leave the stock market: JP Morgan Hannah Anderson of J.P. Morgan Asset Management says investors should continue to hold "relatively robust" stock positions, but also consider hedges such as government bonds. Read in CNBC: https://apple.news/Aux43vRDpS_ UPDATE 1-Franklin Templeton star bond investor Hasenstab questions low-inflation-forever view (updates, adds quotes, background) Read in Reuters: https://apple.news/ Day Ahead: Top 3 Things to Watch Stock Markets Jun 25, 2019 20:20 GMT Investing.com – The good news for the market tomorrow is that it’s free of Federal Reserve speakers, which proved to be a bummer for stocks today. After two disappointing economic indicators today in new home sales and consumer confidence, tomorrow brings the latest durable goods figures. And investors should keep an eye out not just for the earnings number from KB Home, but for the commentary. There should be a glimpse of whether the current low rates are Read in Investing.com: https://apple.news/AXP- Top 5 Things to Know in the Market on Wednesday Economy Jun 26, 2019 09:45 GMT Investing.com - Here are the top five things you need to know in financial markets on Wednesday, June 26: 1. Mnuchin says U.S.-China trade deal is 90% complete U.S. Treasury Secretary Steven Mnuchin declared on Wednesday that the U.S.-China trade deal is 90% done and that there was a “clear path” to complete an agreement. Mnuchin’s comments came after reports that the U.S. is willing to delay the next round of tariffs on $300 billion in Chinese goods as trade Read in Investing.com: https://apple.news/ACO-
CRYPTO'S / DIGITAL CURRENCY
Another reason behind bitcoin's 2019 rise — it's got nothing to do with Facebook Currently, the number of bitcoins rewarded to miners stands at 12.5. By May 2020, the reward will be cut in half to 6.25 new bitcoins. Read in CNBC: https://apple.news/ALtFmYJ_ Non-sovereign money like Bitcoin is going to become more important, claims Circle's Jeremy Allaire Bitcoin [BTC] and the rest of the cryptocurrency market has been on an uptrend for the past couple of months, with several people calling the December low as its bottom. Additionally, the coin also rose to its 15-month high. Jeremy Allaire, CEO of Circle, spoke about the market's upward price movement over the past three... Read in AMBCrypto: https://apple.news/ Bitcoin's astronomical rise speculated to be taking cryptocurrency into overbought zone Bitcoin [BTC] has enjoyed a fantastic three months, with the price shooting up by close to a whopping 200 percent, followed by the market cap crossing $200 billion. As early investors and holders rejoiced at the prospect of a continuing bull run, some cryptocurrency analysts have taken a closer look at the integral parameters of... Read in AMBCrypto: https://apple.news/Apq- Bitcoin Buying Pressure Hits 2-Month High as Price Tops $11.4K Bitcoin’s price rose to fresh 15-month highs today with a key technical indicator pointing to the strongest buying pressure in over two months. Read in CoinDesk: https://apple.news/
CURRENCIES
Forex - Dollar Weakens Further as Market Positions for Rate Cuts Forex Jun 25, 2019 07:39 GMT Investing.com -- The dollar continued its decline in early trading in Europe Tuesday, with the yen and euro strengthening as traders anticipate the erosion of the interest rate premium on dollar assets. Overnight, the dollar fell to a 14-month low of 106.79 against the yen, before recovering slightly to trade at 106.97 by 3.45 AM ET (0745 GMT). The dollar index, which measures the greenback against a basket of developed-market currencies, also hit a three-month low Read in Investing.com: https://apple.news/ The Fed Issues A Verdict For The Dollar A huge pivot in monetary policy.Currency rate differentials are bound to narrow.The dollar is a tool for trade.The dollar could fall for the rest of the year.Gold says the dollar is going lower - UDN for the downside. Read in Seeking Alpha: https://apple.news/Ai01MXO- Canadian Dollar Poised For Oil-Driven Breakout The Canadian dollar is highly correlated to the price of crude oil and U.S demand.Commodities and interest rate differentials have pushed the exchange rate to extreme lows.Geopolitical conflicts and supply constraints may drive crude oil much higher.Canadian-U.S interest rate differentials at the current level historically are very bullish for the Canadian dollar. Read in Seeking Alpha: https://apple.news/AT- The Pound Looks Even Worse Than the Euro The pound will tumble to levels not seen since 2017 against the euro as Brexit turmoil outweighs a dovish European Central Bank, according to analysts. Read in Bloomberg: https://apple.news/Av8z- Pound euro exchange rate: GBP rises as French business confidence drops THE pound euro exchange rate edged higher this morning and is fluctuating around €1.120. This follows the release of the French business sentiment figures for June, which fell to 102 – the lowest level since November 2016. Euro traders are feeling increasingly jittery as the Eurozone’s second-largest economy follows its largest, Germany, in an increasing trend of decreasing business optimism. Many analysts are expressing pessimism about the Eurozone’s weak growth and inflation, as global trade Read in Express: https://apple.news/AmU2FqHF- Pound to euro exchange rate: Sterling ‘confined’ to low rate today - should you exchange? THE POUND will be “confined” to its “lower” rate against the euro today. Currency experts have suggested Britons will not benefit from exchanging their currency today. The pound to euro exchange rate is capped and “confined” today as UK political developments affect currency. Sterling remains lower than the highs experienced last week, when GBP gave hope to holidaymakers they could switch their pounds for holiday euros and see some benefit. The pound is currently trading at 1.118, according to Read in Express: https://apple.news/ Yuan appreciation might be the unintended consequence of interest-rate cuts in the US and Europe Not all currencies can weaken at the same time. Policymakers in Frankfurt, Tokyo and Washington look set to adopt looser monetary policy settings. Beijing might not necessarily welcome too much broad yuan appreciation when China is in a trade war with the… Read in South China Morning Post: https://apple.news/
HEALTH AND SCIENCE
Why Spending Time With Friends Is One of the Best Things You Can Do for Your Health And why you should fend off loneliness Read in TIME: https://apple.news/
Study links common medications to dementia
A new study found a link between dementia and certain prescription medications, including antidepressants, antipsychotics and antiepileptic drugs.
Workouts That Don't Make You Sweat Can Still Help Weight Loss, a Doctor Says — Here's How
Finishing a workout drenched in sweat feels like a badge of honor, but it can make you wonder if one that doesn't make you sweat can still help you lose weight, get in shape, and reach your fitness goals. No workout is a waste of time — even a quick walk or HIIT session is great for your body and ... Read in POPSUGAR: https://apple.news/
I Was Gaining Weight With Intermittent Fasting Until I Started Doing These 4 Things
I've been doing intermittent fasting (IF) for over two years now, and the main reason I started was for weight loss. About eight months after I started CrossFit, I was gaining weight (mostly in my belly), and intermittent fasting was the only thing that helped me get leaner. Intermittent fasting is ... Read in POPSUGAR: https://apple.news/
Why suicide is a top cause of death for police officers and firefighters
A cluster of police suicides this month highlights a mental health crisis among first responders. Read in Vox: https://apple.news/
Cancer costs represented almost 27% of employer reimbursements paid by one insurer
Cancer is the main source of catastrophically high medical claims for companies and their employees, according to new data from stop-loss insurer Sun Life. Read in Axios: https://apple.news/
What the Science Really Says About Grilled Meat and Cancer RiskAs backyard cookout season kicks into high gear, many people may be eyeing their sizzling burgers and dogs with suspicion. And for good reason: a number of studies published in the past two decades have turned up evidence that eating charred, smoked, and well-done meat could raise cancer risk—pancreatic, colorectal, and prostate cancers, in particular. A 2010 review of the evidence on cancer and “well-done” meat, conducted by researchers at Vanderbilt University, concluded that “the majority of
Read in TIME: https://apple.news/
USA / CANADA
Trump-Xi trade talks at G20: America's biggest weakness is no big secret If China wanted to shake up the trade war by selling some of their vast accumulation of U.S. Treasuries, it has the power to do so. Read in Fox Business: https://apple.news/AC3W5fL_ Many Products Americans Love Are Made in China. Can That Change? Trade tensions are disrupting supply chains in China that have churned out electronics such as Apple's iPhone and Nintendo's Switch. Now companies are considering a move out of the country. Photo composite: Sharon Shi Read in The Wall Street Journal: https://apple.news/ The architects behind the US plan for Middle East peace There are at least three things that Jared Kushner, David Friedman and Jason Greenblatt all have in common. One is that they are all Orthodox Jews, and another is that prior to their appointment as officials in the Trump administration, all three men had no prior political or diplomatic experience. The third is that this triad has connections to Israel, or more specifically, to the illegal settlements in the occupied West Bank. Both Friedman and Kushner, through a family charity, have for years Read in Aljazeera: https://apple.news/ UK foreign minister Hunt says cannot envisage joining U.S.-led war with Iran Britain does not expect theUnited States to request that the United Kingdom joins a warwith Iran and London would be unlikely to agree to join such aconflict, Foreign Secretary Jeremy Hunt said on Tuesday. Read in Reuters: https://apple.news/ New York, New Jersey could lose residents to this lower-tax neighbor Experts tell FOX Business it is "definitely a viable option." Read in Fox News: https://apple.news/
EMERGING MARKETS
Bespoke Investment Group's Hickey: Emerging markets booming on dovish tone from global central banks Bespoke Investment Group's Paul Hickey and CNBC's Mike Santoli join 'Squawk Box' to discuss the state of the U.S. markets and what they're expecting ahead of the open. Read in CNBC: https://apple.news/ All The Major Asset Classes Scored Gains Last Week It was hard to lose money in the markets last week as all the major asset classes posted gains, based on a set of exchange traded funds.Vanguard FTSE Emerging Markets (VWO) surged 4.6% for the trading week ended June 21.As of last week's close, a majority of funds are enjoying a strong bullish trend, slightly more compared with the week before. Read in Seeking Alpha: https://apple.news/AsoHTuMC_ Here’s how markets are moving now All you need to know about what’s moving markets right now. Read in Bloomberg: https://apple.news/ Turkey faces an economic crossroads after Istanbul elections Investors are again getting bullish on emerging markets, as the Fed is expected to cut interest rates and the dollar is expected to fall in value. That should mean a strong environment for EM economies to perform. Read in Axios: https://apple.news/
MIDDLE EAST
Iran says new U.S. sanctions end any chance of diplomacy Iran said new U.S. sanctions on its supreme leader closed the door on diplomacy and threatened global stability, as American officials renewed efforts to build a global alliance against Tehran. Read in The Wall Street Journal: https://apple.news/ Why China is set to support Iran at the Osaka G20 summit – but subtly China has given strong political backing to Iran in its recent conflicts with the United States, but diplomatic observers say Beijing should be wary of provoking a direct confrontation with the US that could jeopardise China’s strategic influence in the… Read in South China Morning Post: https://apple.news/ Iran Says Diplomatic Path Shut After U.S. Sanctions Khamenei Iran said the path to a diplomatic solution with the U.S. had closed after the Trump administration imposed sanctions against its supreme leader and other top officials, raising tensions days after the downing of an American drone brought the Middle East to the brink of war. Read in Bloomberg: https://apple.news/A0vIgSU4- Oil pulls back from multiweek highs though Iran tensions persist Oil prices, trading at multiweek highs in recent sessions, cooled on Tuesday, although heightened tensions between the U.S. and Iran remained front of mind for the energy market. Read in MarketWatch: https://apple.news/ Turkey faces an economic crossroads after Istanbul elections Investors are again getting bullish on emerging markets, as the Fed is expected to cut interest rates and the dollar is expected to fall in value. That should mean a strong environment for EM economies to perform. Read in Axios: https://apple.news/ IMF, World Bank chiefs address US plan for Palestinians IMF, World Bank chiefs addressing conference intended to boost $50 billion US economic plan for Palestinians Read in ABC News: https://apple.news/AqQvTYJM2S_ Israel restricts power to Gaza after balloons spark fires Israel says it has cut off fuel shipments to the Gaza Strip in response to the launch of incendiary balloons from the enclave Read in ABC News: https://apple.news/
AFRICA
Zimbabwe outlaws use of US dollar and other foreign currencies Harare, Zimbabwe - In a bid to defend its fledgeling new currency against black market speculation, Zimbabwe's Finance Minister Mthuli Ncube on Monday outlawed the use of the US dollar and a host of other foreign currencies in local transactions. In 2009, Zimbabwe allowed the US dollar and other foreign currencies to be used as legal tender in the country after hyperinflation decimated the value of the Zimbabwean dollar. Earlier this year, to pave the way towards ending so-called "dollarisation" Read in Aljazeera: https://apple.news/ Zimbabwe ends decade of dollarisation in new currency reformZimbabwe made its interim currency the country’s sole legal tender on Monday, ending a decade of dollarisation and taking a another step towards relaunching the Zimbabwean dollar. The central bank also hiked its overnight lending rate to 50% from 15% as a part of a set of measures to protect the RTGS dollar introduced in... Read in FurtherAfrica: https://apple.news/AieW_ Zimbabwe: Business in Mixed Feelings Over Govt Scrapping of Multi-CurrenciesThe business community in Zimbabwe has expressed mixed feelings over government's move to ban the multi-currency system in favour of the Zimbabwean dollar. Most players in the economy's key strategic areas underscored the need for further clarification by authorities on the policy. According to Statutory Instrument 142 of 2019 which came into effect Monday, government, scrapped the multi-currency system which was in place since 2009 and effectively criminalised its use alongside the local RTGS$ Read in AllAfrica: https://apple.news/ Zimbabwe eyes business chances at China-Africa Economic and Trade ExpoZimbabwe will explore ways of boosting the country's exports to China at the forthcoming China-Africa Economic and Trade Expo. Established under the framework of the Forum on China-Africa Cooperation as a new mechanism for economic and trade cooperation between China and African countries, the expo is scheduled for June 27-29 in central China's Hunan Province. James... Read in FurtherAfrica: https://apple.news/ Zimbabwe: Chinotimba Corners Chinese Firm Over Nuts DebtBuhera South legislator Joseph Chinotimba has moved to attach a property belonging to a Chinese owned firm, Sunny Zimbabwe International in order to recover $US65 755 debt for supplied macadamia nuts. In turn, the firm has petitioned the High Court for an order to stop the legislator from auctioning its property saying the loss of the asset will cause irreparable damage. Chinotimba first petitioned the High Court seeking an order compelling the company to settle the debt last year and a default Read in AllAfrica: https://apple.news/A_ Potential Zimbabwe Healthcare SavingsZimbabwe annually spends more than $400 million on health care (based on 2019 budget figures). 25% of all health care spending comes out of pocket (OOP). With a conservative roll-out of a medical ... Full story available on Benzinga.com Read in Benzinga: https://apple.news/A-09V_
ASIA
China Merchants Bank, Bank of Communications and Shanghai Pudong Development Bank dismiss US’s North Korea sanctions breach charges Mainland Chinese commercial banks China Merchants Bank, Bank of Communications (Bocom) and Shanghai Pudong Development Bank (SPDB) on Tuesday dismissed allegations they were in possible breach of US sanctions against North Korea. In statements issued… Read in South China Morning Post: https://apple.news/ Chinese bank may face U.S. action in North Korean sanctions probe: Washington Post A U.S. judge has found three large Chinese banks in contempt for refusing to comply with subpoenas in a probe into North Korean sanctions violations, the Washington Post reported, adding one of them could lose access to the U.S. financial system. Read in Reuters: https://apple.news/
China’s US soybean and pork imports down 55.3 per cent due to trade war, African swine fever
China’s purchase of agricultural products from the United States plunged this year, with soybean and pork imports down 55.3 per cent in the first five months of 2019, as the likes of Brazil, Southeast Asia, the European Union, Australia and Canada… Read in South China Morning Post: https://apple.news/AQ_ Why Asia-Pacific nations don’t want to take sides in the US-China trade war at the G20 This is the third of four stories examining important issues ahead of the meeting between Chinese President Xi Jinping and US President Donald Trump at the G20 leaders summit on June 28-29 in Osaka, Japan. Read part one here and part two here. If the… Read in South China Morning Post: https://apple.news/ The US-China trade war talks are back on but no high hopes for Xi-Trump deal at G20 Top Chinese and American trade negotiators have agreed to resume talks over their escalating trade feud, just days before high-stakes talks between the two countries’ presidents at the Group of 20 summit in Japan. The commitment was made in a phone call… Read in South China Morning Post: https://apple.news/AGAn1- Asia's coal developers feeling left out by cold shoulder from banks Developers of coalmines and coal-fired power plants in Asia are facingdifficulties growing their businesses as global financialinstitutions refuse to back their projects to avoid criticismover climate change, industry participants said on Tuesday. Read in Reuters: https://apple.news/
EUROPE
Three Years After The Brexit Referendum, What Has Changed? Three years ago, the UK voted to leave the EU. But it hasn't been able to agree terms for its withdrawal, so as yet, it hasn't left. Brexit is frozen. Will a new Prime Minister break the ice? Read in Forbes: https://apple.news/ Most voters in the Labour heartlands are now Remainers – someone ought to tell Corbyn The ongoing drama of the Tory leadership contest, and Labour’s ongoing shift towards support for a second referendum and Remain is disguising the very real shift in voting intention since the spring. What looks like business as usual in Westminster has not been mirrored in the country at large. Read in The Independent: https://apple.news/ Boris Johnson warns MPs of 'mortal retribution' if they block a no-deal Brexit Boris Johnson said that MPs will not block a no-deal Brexit on October 31. A government minister has warned that around a dozen Conservative MPs would bring down the government in order to stop the UK leaving the EU without a deal on Halloween. However, Johnson said MPs will allow a no-deal to happen as they'll face "mortal retribution" if Brexit does not happen on Halloween as scheduled. The frontrunner to succeed Theresa May told the BBC that he can renegotiate the Brexit deal to remove the Read in Business Insider: https://apple.news/ Brexit: Boris Johnson backtracks on claim UK could escape punishing tariffs if it crashes out of EU Boris Johnson has backtracked on his much-ridiculed plan for avoiding punishing tariffs after a no-deal Brexit, admitting he would be unable to do it “unilaterally”. Read in The Independent: https://apple.news/ Factbox: No-deal Brexit - what it might mean for UK economy Boris Johnson, the front-runner to be Britain's next prime minister, has raised the prospect of a shock for the world's fifth-biggest economy by pledging to leave the European Union on Oct. 31 without a transition deal if necessary. Read in Reuters: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Thursday 6/27/19 did update on the indicative rates Sell Rate 1190
The currency auction is 206,602,550
There are no news and announcements.
Trade Bank of Iraq (TBI) unveils new HQ
27th June 2019 in Construction & Engineering In Iraq, Iraq Banking & Finance News
The Trade Bank of Iraq (TBI) has officially opened its new headquarters in Baghdad. Located on Al Rasheed Street in the heart of Baghdad, the new headquarters is wholly owned by the bank and is designed to facilitate collaboration, bringing 670 Baghdad-based employees of TBI under one roof for the first time. The building comprises of 5 floors with the ground floor set to provide banking services to customers while the remaining floors are dedicated to administrative work. The TBI also recently opened its first operational branch outside Iraq, in Saudi Arabia. (Source: TBI)
Click on link above for latest update.
Value Traded:
Shares Traded
ISX ended in Green
Kauaihn Chatter:dd
6-26-2019 Newshound Guru Adam Montana Even though Iraq isn't technically "present", it's not difficult to understand that anytime oil, money, gold or gifts leave Iraq - they are touched by one or more of those major players listed above. For Iraq to be successful in raising the value of their currency, they need to be able to operate their business, and the G20 Summit will have an effect on how the global money game is played for the next year. Once the Summit has concluded, Iraq may change their tactics slightly, but most importantly they will be free to make a decision and act accordingly. It's a big deal, and it's good. So although I don't expect an RV announcement to be made at the Summit, or directly because of the Summit, I do think it's reasonable to expect some actions after the summit.
6-26-2019 Newshound Guru Adam Montana ...This time of year has historically been big for Iraq. Monumental items like Chapter 7 unfolded in late June, and there's another important event right around the corner: The G20 Summit. Quote: "The Group of Twenty (G20) is a global forum comprised of twenty of the world’s largest economies, focused on addressing global economic challenges. Its membership includes nineteen countries—Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom and the United States—and the European Union." You probably noticed that Iraq is not on the list. In that case, it might not be immediately obvious why this even matters to us, so I'll explain a small part of it... [post 1 of 2....stay tuned] 6-26-2019 Intel Guru Eagleone2025 [via PDK] ...CALLED MY HSBC CONTACT...HE SAID THEY WANTED TO GET THIS DONE IN THE NEXT FEW DAYS...G-20 SHOULD UNFOLD A LOT... ALL THINGS ARE MOVING ALONG GOOD… MEETINGS THIS WEEK HAS GONE WELL… ALOT OF GOOD INTEL OUT THERE… ALL WE CAN HOPE FOR THAT THE TOP FOLLOWS THROUGH SO WE CAN GET THIS RV DONE…MILITARY CONTACTS AND WH HAVE SAID THAT MOVEMENT ON THIS WHOLE THING IS REALLY GOING TO MOVE VERY FAST VERY SOON…REMEMBER THIS IS A DAY BY DAY PROCESS…. MY CONTACTS OUR [ARE ?] SAYING THIS IS MOVING ALONG VERY GOOD.
6-26-2019 Newshound Guru Breitling ...Iran and currency and Iraq being a backdoor advantage...is specifically because of the U.S. dollar. So if Iran is cut off from the US dollar market wise they could probably funnel some US dollars or use U.S. dollars through Iraq. But that is being shut off. Iraq can see the light and they're pivoting. This is crystal clear what is happening. They might even support Iran and have empathy toward Iran but they know who's going to win at this. They know the result and they don't want any part of the losing team at all. So it's kind of a hard pivot...It's kind of amazing. You can see it in the news. You can see what they are doing through the GCC. Through all the stuff that's coming down the road...
6-26-2019 Intel Guru MarkZ [via PDK] ...A whole lot going on internationally ...The rumors today are if the US doesn’t get it released today…China will do it through Bank of China, HSBC and Wells Fargo...the source is really solid. ...So the US needs to really get to it today...we are at Extreme high alert. ...On the US side of it...hearing it wasn’t released last night because of a security issue at the border and changes in personnel... I do hear the 28th is the back wall...In Iraq- they are totally ready and the IMF is ready for them to go now…I was originally going to get 800 numbers from WF. Now I am not sure how things will work. I hope I still get them... 6-26-2019 Intel Guru Bruce [via PinkRoses] ...did anything happen on Monday that we know about? No...as far as action taking place to our way of thinking to an exchange prospective, we didn’t see it. ...We are still looking very good moving forward... I am excited. ...Now, as far as what is happening on the screens, we know that...Monday night, the RTGS, Real Time Gross Settlement, the Iraqi Dinar was put on that, the RTGS, and an hour later at 10:30pm EST last night [Monday] it was to go live. The Dinar is live. ...I really thought we would be there today [Tuesday]. The fact we are not though is pointing towards something going to happen very soon...
6-26-2019 Intel Guru MarkZ [via PDK] I don’t expect the Fair Tax act announcement just yet…Most of us believe this will not be a taxable event…but with the laws we have in effect right now it could be…so be sure to ask at your exchange apt…just to be absolutely certain. [check with you tax professional at the appropriate time]
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
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
Abdul Mahdi sends the names of candidates for special positions, including the Governor of the Central Bank to parliament
Baghdad today - Baghdad Prime Minister Adel Abdul Mahdi, the names of candidates for positions of special grades, including the Governor of the Central Bank to the House of Representatives after the approval of the Council of .ministers
And got (Baghdad today) a document issued by Abdul Mahdi and addressed to Parliament, including the names of candidates to the positions of special grades, after the approval of the Council of Ministers in its meeting last Tuesday, and the names are:
Ali Abdul Amir Allawi for the post of governor of the Central Bank of Iraq,
Salah Nouri Khalaf for the post of head of the Financial Control Bureau;
Mohamed Abdel Hadi Mohamed Taqi El Hakim for the post of adviser to the Prime Minister;
Fayyad Hassan Nema for the post of Undersecretary of the Ministry of Oil;
Hamid Yunis Saleh Al; Zobaie for the post of Undersecretary of the Ministry of Oil
Abdul Mahdi called the parliament to vote on the names during its session, which is scheduled to be held on Thursday, June 27, 2019, indicating that he will send successively to parliament the names of .candidates for the financialist sites
Prime Minister Adel Abdul-Mahdi announced on Tuesday (25 June 2019) the vote on seventy general managers of all special grades, adding: "We will proceed with the steps to vote on these grades respectably, and without quotas despite attempts to impede some names , but we stopped all this and without quotas.
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ARTICLE 4
Washington reveals involvement of Iraqi officials in receiving bribes from an oil services company
2019/6/26 14:40
[Follow-up]
The US Justice Department said Technip FMC had used an intermediary company based in the Principality of Monaco to pay kickbacks to at least seven officials in the Iraqi oil ministry and two companies between 2008 and 2013.
The ministry said in a report published on Tuesday, June 25, 2019, that the oil services company "Technip FMC" agreed to pay a total of 296 million dollars settlement in a case involving charges for the company to pay bribes in Iraq and Brazil, "He said.
"The result is evidence that Washington will pursue all those seeking to win contracts by bribing foreign officials, whether they are individuals or companies," said Richard Donohue, a federal prosecutor in the Eastern District of New York.
The US branch of Technip FMC has admitted to violating the US "corrupt foreign practices" law once, while the US Department of Justice praised the "great assistance" provided by the governments of Australia, Brazil, France, Guernsey (Channel Island) Monaco and Britain.
Forty-three countries apply laws that criminalize bribery of foreign officials to win employment contracts, but the United States is the most punished of international corruption.
Under the settlement, the London-based firm pledged to impose "strict internal controls" and in cooperation with the ongoing investigation. Of the amount that Technip agreed to pay, the company will pay $ 214 million to the Brazilian authorities that have filed a parallel lawsuit against it.
This is the second time in less than a decade that a Technip company has paid hundreds of millions of dollars on charges of bribes to foreigners. In 2010 it agreed to pay $ 240 million to settle a bribe case in Nigeria.
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ARTICLE 5
German scientists have discovered, in a new study, the ability of the heart to "smell" smells, experts concluded that the function of "smell" is a feature of many organs and systems of the human body.
According to scientists, the various odors produced by perfume, food and other airborne substances enter the nose and then bind to the olfactory receptors, which in turn transmit chemical signals to the brain, according to the Wan site.
Scientists said the nose could smell a "small fraction" of odors, as well as the lungs, stomach and heart could "sniff" them as well.
The scientists placed the blood cells near a chemical compound carrying odor, and it turned out that blood cells began to move to where the smell exists.
"We have found that blood cells and the heart participate in the perception of smells, and as the stomach and lungs also have the ability to smell smells, and perhaps other internal organs in the human body."
In the past, scientists believed that olfactory receptors existed only in the mucous tissue, but the results of the new studies refuted this theory.
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Thursday, June 27, 2019
WOTS Thursday 6/27/19
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