WOTS Wednesday 6/19/19
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Symbol | Bid | Ask | High | Low | Open | Change | Time |
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USD/IQD | | | 1186.0000 | 1178.8000 | 1186.0000 | | 03:58 |
USD/VND | | | 23340.0000 | 23111.2800 | 23111.2800 | | 10:31 |
USD/CNY | | | 6.9132 | 6.9005 | 6.9132 | | 04:24 |
USD/KWD | | | 0.3038 | 0.3031 | 0.3033 | | 04:24 |
GBP/USD | | | 1.2586 | 1.2542 | 1.2554 | | 04:26 |
USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 00:00 |
USD/IDR | | | 14357.0000 | 14223.0000 | 14232.0000 | | 04:25 |
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Kuwait's historic visit to Iraq
Release date: 2019/6/19 10:52 • 147 times read
(KUNA) - Kuwaiti Amir Sabah al-Ahmad will visit Iraq today to discuss the bilateral relations between the two countries and the most important issues and developments in the regional arena, Kuwait News Agency (KUNA) reported on Wednesday.
Deputy Foreign Minister Khalid al-Jarallah told the agency that the visit of the Emir of Kuwait to Iraq comes within the framework of the distinguished brotherly relations between the two countries.
Al-Jarallah added that the Prince's visit includes important dimensions and vital signs, stressing the Emir's keenness to pay attention to and foster brotherly relations and his efforts to develop and strengthen them in all fields.
The Deputy Foreign Minister pointed to the keenness of the Emir of Kuwait to support and enable Iraq to overcome the repercussions of the acts of terrorism, in addition to its efforts to reconstruction.
Al-Jarallah pointed out that the visit comes in precise and critical circumstances in which the region is constantly moving. This confirms the importance of coordination and consultation with the brothers in Iraq to overcome these conditions and enable the region to move away from tension and confrontation.
The Emir of Kuwait is accompanied by the Prime Minister, Foreign and Interior Ministers and other officials.
The visit of the morning to the Iraqi capital is the second during his term in office, on March 29, 2012, headed the delegation of Kuwait to the Arab summit meeting held in Baghdad at the time.
Kuwait has a major role in supporting Iraq. The Kuwait Fund for Arab Economic Development (KFAED) signed in February a grant agreement worth KD 25 million ($ 85 million) with the Fund for the Reconstruction of Areas Affected by Terrorist Attacks in Iraqi Cities.
It is noteworthy that Iraqi Prime Minister Adel Abdul-Mahdi visited Kuwait on 22 May last, where he held talks with Prince Sabah Al-Ahmad Al-Jaber Al-Sabah, concerning the two countries and the risk of war with Iran.
Al-Jarallah added that the Prince's visit includes important dimensions and vital signs, stressing the Emir's keenness to pay attention to and foster brotherly relations and his efforts to develop and strengthen them in all fields.
The Deputy Foreign Minister pointed to the keenness of the Emir of Kuwait to support and enable Iraq to overcome the repercussions of the acts of terrorism, in addition to its efforts to reconstruction.
Al-Jarallah pointed out that the visit comes in precise and critical circumstances in which the region is constantly moving. This confirms the importance of coordination and consultation with the brothers in Iraq to overcome these conditions and enable the region to move away from tension and confrontation.
The Emir of Kuwait is accompanied by the Prime Minister, Foreign and Interior Ministers and other officials.
The visit of the morning to the Iraqi capital is the second during his term in office, on March 29, 2012, headed the delegation of Kuwait to the Arab summit meeting held in Baghdad at the time.
Kuwait has a major role in supporting Iraq. The Kuwait Fund for Arab Economic Development (KFAED) signed in February a grant agreement worth KD 25 million ($ 85 million) with the Fund for the Reconstruction of Areas Affected by Terrorist Attacks in Iraqi Cities.
It is noteworthy that Iraqi Prime Minister Adel Abdul-Mahdi visited Kuwait on 22 May last, where he held talks with Prince Sabah Al-Ahmad Al-Jaber Al-Sabah, concerning the two countries and the risk of war with Iran.
The Secretariat of the Council of Ministers clarifies the fact that the nomination of names for senior positions
Editorial date: 2019/6/19 0:03 • 266 times read
(Baghdad: Al-Furat News) denied the Secretariat of the Council of Ministers, as communicated by the means of social communication, on the issuance of lists of names called nomination to senior positions.
In a statement received by the agency {Euphrates News} a copy of it, "At a time when the Secretariat confirms the untrue of the circulation of those means of names, and stresses the keenness of the Council of Ministers to end the file of senior positions and the selection of candidates in accordance with the standards of competence and integrity through a committee formed for this the purpose".
The Secretariat of the Council of Ministers called on "the Iraqi people not to believe such rumors or to be dragged behind such fabricated news and to extract information from their official sources.
The Secretariat of the Council of Ministers called on "the Iraqi people not to believe such rumors or to be dragged behind such fabricated news and to extract information from their official sources.
Head of Al-Hal Party discusses with the Ambassador of Egypt in Baghdad the developments of the political process and the obstacles facing the current government
19-06-2019 11:59 AM
The solution -
On June 19, 2019, Al-Hilal party leader Jamal al-Karbouli met with the Egyptian ambassador to Iraq, Alaa Musa, and his accompanying delegation.
Karbouli reviewed the developments of the political process in Iraq and the problems and obstacles facing the current government and the importance of completing the cabin and program to be evaluated and evaluated by all.
The head of the party praised the interest of the brotherhood in the Arab Republic of Egypt to provide advice and consultation necessary for the Iraqi government in addition to the importance of continuing security, logistical and information support within the framework of the International Alliance against Terrorism and the elimination of the final elimination of Iraq.
He stressed the need for the Arab Republic of Egypt to play a greater role in strengthening the bonds of joint Arab cooperation to support the positions of Iraq Arab and international, calling for the need to encourage Egyptian companies accredited to invest and enter the Iraqi market and to enhance opportunities for economy and work and community development.s
Prime Minister of Iraq: Prevent any foreign force from the movement on the ground without the permission of the government
The Commander-in-Chief of the Armed Forces, Iraqi Prime Minister Adel Abdul-Mahdi, on Wednesday, the prevention of any foreign force to work or movement on Iraqi territory without permission and agreement and control of the Iraqi government, and prevent any country from the region or outside of the presence on the ground and the exercise of its activities against any other party Whether it is another neighboring country or any foreign presence inside or outside Iraq without an agreement with the Iraqi government.
Iraq condemns Al-Arish incident and renews its support to Egypt in the face of terrorism
"The country has gone through a complex period of internal and external wars, the dissolution of the army, the imposition of occupation on Iraq, the presence of foreign forces, foreign interference, the formation of armed groups or the use of Iraqi territory for acts of war," Abdul Mahdi said in a statement. The country also suffered from subversive activities and terrorist acts, especially Al-Qaeda, and its expansion and occupation of large areas of Iraqi territory, which were confronted by the armed forces in all its ranks, including the army, the police, the popular and tribal mobilization forces, the Peshmerga, And was appointed and supported by the coalition countries and friendly and neighboring countries.
In addition to that, he added, regional and international realities. This reality has resulted in many manifestations and behaviors and behaviors that are not controlled, and which require today after the process of liberation and great victory achieved on the urging, and after the large indicators that indicate that the state regain the prestige and strength and absolute control over its territory and achieve independence and sovereignty, to end all manifestations Abnormal, illegal and sovereign.
He pointed out that it prevents the work of any Iraqi or non-Iraqi armed forces outside the framework of the Iraqi armed forces or outside the command and supervision of the commander-in-chief of the armed forces, stressing that it prevents any armed force operating within the Iraqi armed forces and under the command of the commander-in-chief of the armed forces to have a movement or Operations, stores or industries outside the knowledge, management and control of the Iraqi armed forces and under the supervision of the Commander-in-Chief.
The prime minister said: "We know that successful implementation may take some time. Complexities and sensitivities are many and multiple, and there are many violations. However, since we assumed responsibility, we have begun to take positive steps towards those who are responsible for achieving these trends on the one hand, To achieve the full control of the state in order to achieve the above points, and perpetuates the battle against terrorism and advocates, and achieves the security of Iraq and its people and independence and believes in the unity of the country and its full sovereignty in all fields
Abu Ragheb: The Wisdom Stream has launched a practical concept of opposition
Release date: 2019/19/06/19 0:28 • 80 times read
The emergence of the national political opposition constitutional constructive, represents a sign of wellness, and a positive indicator of the political system in Iraq.
This is the first time this concept has been launched in practice by Al-Hikma who was early in announcing his readiness for this option," Abu Raghef said in a tweet on Twitter.
The important thing is that the roles are properly different from the emotions," he said
The important thing is that the roles are properly different from the emotions," he said
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Al-Nasr: Abdul-Mahdi did not respond favorably to us and wisdom and distributed their ministries to the blocks
Release date: 2019/6/19 8:10 • 201 times read
(Baghdad: Al-Furat News) saw a leader in the destruction of victory, that Prime Minister Adel Abdul-Mahdi did not respond favorably "for victory and wisdom," while the distribution of their ministries on the blocks. (According to saying)
"The subject of quotas was better than the blocks that contributed to the formation of the government of Abdul Mahdi to be more distant from them, which unfortunately inherited in previous sessions."
He added that "the opposition did not come to overthrow governments, but to evaluate their performance and will be a reflection of the work of governments," noting that "the stream of national wisdom and the coalition of victory did not take the positions and authorized Abdul Mahdi to form a ministerial government; but did not respond favorably to them as the distribution of positions as quotas for the blocks.
"What is the point of having a government and ministries without evaluating its performance?" He asked. "Abdul-Mahdi had to choose personalities according to professional criteria, but they were taken according to political criteria by the blocs."
"There are blocks that have submitted lists for the acquisition of special grades, while it was agreed in advance to provide candidates from outside parties according to the standards of integrity and professionalism."
"So far, the cabinet cabin and the committees in the parliament have not been completed, so we have a breach in the executive and legislative institutions, going to choose the special grades and building institutions that will create a gap between the ministries and the special grades."
He added that "the opposition did not come to overthrow governments, but to evaluate their performance and will be a reflection of the work of governments," noting that "the stream of national wisdom and the coalition of victory did not take the positions and authorized Abdul Mahdi to form a ministerial government; but did not respond favorably to them as the distribution of positions as quotas for the blocks.
"What is the point of having a government and ministries without evaluating its performance?" He asked. "Abdul-Mahdi had to choose personalities according to professional criteria, but they were taken according to political criteria by the blocs."
"There are blocks that have submitted lists for the acquisition of special grades, while it was agreed in advance to provide candidates from outside parties according to the standards of integrity and professionalism."
"So far, the cabinet cabin and the committees in the parliament have not been completed, so we have a breach in the executive and legislative institutions, going to choose the special grades and building institutions that will create a gap between the ministries and the special grades."
Ammar al-Hakim's first comment on the wisdom of the political opposition
Editorial date: 2019/6/19 9:57 • 361 times read
(Baghdad: Al Furat News) The head of the Alliance for Reform and Reconstruction commented the leader of the National Wisdom Movement, Mr. Ammar al-Hakim, to adopt the current for the option of political opposition.
Mr. Ammar al-Hakim said in a tweet on Twitter on Wednesday: "To watch carefully, and to be courageously diagnosed, and we follow with determination, and hold firm, and objectively criticize, to correct the warp and correct the tracks, and let the citizen's eyes and his rightful voice of rights and rights."
"So the constructive constitutional political opposition was our choice," he added.
The National Wisdom Movement announced Sunday, after an extraordinary meeting of its political bureau, to adopt the option of a constructive national constitutional political opposition, and to fully abide by this option and what it entails, and the necessary role, mobility, performance and positions at the national level.
As told the head of the cluster wisdom parliamentary Faleh Sari Presidency of the House of Representatives, in a document, the decision of the bloc to turn to the political opposition, seeking to adopt it legally and deal with the bloc on this basis within the House of Representatives.
"So the constructive constitutional political opposition was our choice," he added.
The National Wisdom Movement announced Sunday, after an extraordinary meeting of its political bureau, to adopt the option of a constructive national constitutional political opposition, and to fully abide by this option and what it entails, and the necessary role, mobility, performance and positions at the national level.
As told the head of the cluster wisdom parliamentary Faleh Sari Presidency of the House of Representatives, in a document, the decision of the bloc to turn to the political opposition, seeking to adopt it legally and deal with the bloc on this basis within the House of Representatives.
Amir heads to Iraq to strengthen relations
19/06/2019 4 hours ago
KUWAIT CITY, June 18, (KUNA): His Highness the Amir Sheikh Sabah Al- Ahmad Al-Jaber Al-Sabah will head to Iraq on Wednesday to discuss bilateral ties and recent regional and international developments.This is the second visit by His Highness to Iraq, with the first being in March 2012 when he headed the Kuwaiti delegation in the Arab Summit in Baghdad.
The visit comes as tension is rising in the region, especially with the recent attacks on oil tankers and commercial ships in Arabian Gulf and the Gulf of Oman. Although the Kuwaiti-Iraqi ties were severed for years as a result of the Iraqi invasion and occupation in 1990, the wise leadership of His Highness The Amir allowed the two countries to resume and boost their relations on all levels.
In June 2013, His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al- Hamad Al-Sabah had visited Iraq and signed six MoUs on diplomacy, economy, culture, environment, education and marine transportation. In May 2013, former Iraqi foreign minister Hoshyar Zebari visited Kuwait and signed MoUs on maintenance of border markets and building a residential complex in Umm-Qasr.
In July 2013, the Iraqi parliament approved an agreement on forming a joint committee to boost relations and cooperation and resolve issues between the two countries.
In December 2014, former Iraqi prime minister Haidar Al-Abadi visited Kuwait, where joint cooperation and fighting terrorism were the main topics of discussion.
In November 2018, Iraqi President Barham Saleh visited Kuwait for the first time after his assumption of power, to hold talks with His Highness the Amir. Moreover, the two visits of former Kuwaiti prime minister His Highness Sheikh Nasser Al-Mohammad Al-Sabah in September 2010 and January 2012 paved the way to end the tension between the two countries and start a new level of relations.
The 2010 visit was the first for a senior Kuwaiti official since 1990. Kuwait also played a role in speeding up the approval of the UN Security Council to remove Iraq from Chapter Seven of the UN Charter, which allowed Iraq to regain its sovereignty and economic power . Meanwhile, the two sides visited visits by senior officials to boost cooperation in different fields, including investment, media and aviation. The two countries' cooperation in aviation saw a prominent turn when the first Iraqi Airways plane landed in the Amiri Airport in February 2013.
As for the humanitarian side, Kuwait had donated $ 1.5 billion in the conference to reconstruct Iraq in Madrid in 2003. It also organized blood donation campaigns and treated wounded Iraqis at Kuwait's hospitals.In 2014, the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) welcomed a generous Kuwaiti donation worth $ 9.5 million for the UN's humanitarian organizations to aid Iraq. In 2015, Kuwait donated $ 200 million to aid displaced Iraqis and it also delivered 40,000 food baskets to displaced families in Iraq's Kurdistan region. The country also donated $ 176 million as humanitarian aid during the donors conference for Iraq, held in Washington in July 2016.
After Iraq's Mosul was liberated from the so-called Islamic State (IS) in July 2017, Kuwait held an international conference to rebuild the liberated areas in February 2018. The conference collected pledges worth $ 30 billion, with Kuwait donating $ 2 billion. Kuwait Ambassador to Iraq Salem Al-Zamanan said Tuesday that the historic visit of His Highness The Amir to Baghdad comes to strengthen relations between the two countries.
In a statement to KUNA, Al-Zamanan said His Highness' visit on Wednesday falls within the framework of mutual visits between top officials of the two countries and as a continuation of Kuwait's role in supporting the reconstruction of Iraq. Iraq's Ambassador to Kuwait Alaa Hashemi also said Tuesday that the visit of His Highness the Amir to Iraq is part of boosting bilateral relations.
Wasit Council sends a delegation to Baghdad to facilitate the disbursement of funds of the province
11:59 - 19/06/2019
Information / Baghdad ..
The Council of Wasit province, on Tuesday, sent a delegation to the Ministry of Finance to facilitate the disbursement of funds allocated to the province of the budget in addition to coordination with the Ministry in Baghdad for the financial developments that have been approved for the province.
Council member Ghaleb al-Ridini said in a statement that the Wasit Governorate Council postponed its normal session to next week because of the lack of quorum to send a delegation of members to Baghdad to coordinate with the Ministry of Finance on facilitating the mechanism of disbursing the funds of the province, General ".
He added that the delegation will coordinate with the Ministry of Finance to implement the financial developments that were approved for the province during the meeting of governors and heads of provincial councils with Prime Minister Adel Abdul Mahdi on Monday.
The Council of Wasit province, on Tuesday, sent a delegation to the Ministry of Finance to facilitate the disbursement of funds allocated to the province of the budget in addition to coordination with the Ministry in Baghdad for the financial developments that have been approved for the province.
Council member Ghaleb al-Ridini said in a statement that the Wasit Governorate Council postponed its normal session to next week because of the lack of quorum to send a delegation of members to Baghdad to coordinate with the Ministry of Finance on facilitating the mechanism of disbursing the funds of the province, General ".
He added that the delegation will coordinate with the Ministry of Finance to implement the financial developments that were approved for the province during the meeting of governors and heads of provincial councils with Prime Minister Adel Abdul Mahdi on Monday.
No Foreign Forces Allowed to Use Iraqi Territory to Threaten Neighbors: PM
Iraqi Prime Minister Adil Abdul-Mahdi, who is also Commander in Chief of the Armed Forces, made it clear on Tuesday that no foreign forces are allowed to use the Iraqi territory for threatening its neighbors.
Abdul-Mahdi pointed out in a statement that Iraq already suffers from several security and political conflicts, external influence, and terrorist activities, therefore no foreign forces can use the Iraqi territory for their military movements without an official authorization from Baghdad.
Without further clarifications, the premier additionally noted that the policy includes the regional forces, explaining that all troops have to operate under the general command of the armed forces of Iraq.
Mashaan Jubouri: Abdul Mahdi passed the deal of the Mitsubishi despite its corruption
Editorial Date: 19/2019 0:00 • 274 times read
(Baghdad: Al-Furat News) revealed the Iraqi politician Mishan Jubouri, the passage of the Mitsubishi deal by Prime Minister Adel Abdul Mahdi, despite corruption.
"There are parties who wanted to import wheat from Argentina at a price of $ 100 and hand it over to the government at a subsidized price," Jubouri told the program, "forbidden from the show," which was broadcast by Al-Furat satellite channel. "The difference between local and imported wheat from Argentina is $ 500, "He said.
"There are misleading reports reaching Prime Minister Adel Abdul-Mahdi about the fires, and most of the agricultural land outside the cities and there is no electrical contact near them," he said, pointing out that "the prime minister is misleading if he is convinced that field fires due to electrical contact."
"The European forces in the base of the country was bombed two days ago, and the country is open to the death of all and the weapon is out of control and reached the sale of rockets inside the alleys."
He pointed out that "there have been replacements to end the operations of astronauts," revealing "the existence of space in the National Pension Authority."
He added Jubouri "who announced the resignation of the nomination of names for private positions are themselves who submitted the lists of candidates," noting that "the coalition of construction and reform took their share of positions and we are the only country in the world to take precedence in that, and competencies replace the absence of their party coverings," Mstdarka " Abdul Mahdi is a lie, a poor play, and the evidence that the ministers who were chosen did not come through this window and laughed at the chins, and the Prime Minister and his deputy asked for national security and the control and integrity.
He added, "Abdul Mahdi sent e-mails to those who have provided the sword through the window of the nomination as ministers that will be called when needed, what is happening today is the division of the cake and {Fath and others} did not know the partners."
On the mechanism of choosing the new governor of Nineveh, he explained Jubouri, "governor of Nineveh elected deals and imposed by Faleh Fayyad, who participated in the purchase of the position of governor of Nineveh."
"The Supreme Council for the fight against corruption laughed at the chins, and the patchwork solutions to the scandal of the Mitsubishi is very funny," saying "the deal of the corrupt Mestostobchi passed by Abdul Mahdi," pointing out that "Abdul Mahdi, if he wanted to open the files of corruption will fall within 3 hours," explaining that "parties "The authority today can lift the parliamentary lid on Abdul Mahdi and can not be held accountable."
Jubouri noted that "there is a major scandal in the oil dealings and a shortage of $ 15 per ton, and there is a big campaign to clear the Iraqi industry."
"I think the ruling authority does not notice that there is a political year that represents 90 percent of the deprived areas, and these are vengeful on the political scene in full, and this society is infuriating the production of three armed forces. What I fear is that this work is developing into an armed uprising, Mnbha "the existence of 3 projects, the first movement led by Osama Najafi, who has a project that fails will go to the Sunni community of weapons, and the second project Halabosi of those in power, the largest, and the third project Khamis dagger suspicious."
"There are misleading reports reaching Prime Minister Adel Abdul-Mahdi about the fires, and most of the agricultural land outside the cities and there is no electrical contact near them," he said, pointing out that "the prime minister is misleading if he is convinced that field fires due to electrical contact."
"The European forces in the base of the country was bombed two days ago, and the country is open to the death of all and the weapon is out of control and reached the sale of rockets inside the alleys."
He pointed out that "there have been replacements to end the operations of astronauts," revealing "the existence of space in the National Pension Authority."
He added Jubouri "who announced the resignation of the nomination of names for private positions are themselves who submitted the lists of candidates," noting that "the coalition of construction and reform took their share of positions and we are the only country in the world to take precedence in that, and competencies replace the absence of their party coverings," Mstdarka " Abdul Mahdi is a lie, a poor play, and the evidence that the ministers who were chosen did not come through this window and laughed at the chins, and the Prime Minister and his deputy asked for national security and the control and integrity.
He added, "Abdul Mahdi sent e-mails to those who have provided the sword through the window of the nomination as ministers that will be called when needed, what is happening today is the division of the cake and {Fath and others} did not know the partners."
On the mechanism of choosing the new governor of Nineveh, he explained Jubouri, "governor of Nineveh elected deals and imposed by Faleh Fayyad, who participated in the purchase of the position of governor of Nineveh."
"The Supreme Council for the fight against corruption laughed at the chins, and the patchwork solutions to the scandal of the Mitsubishi is very funny," saying "the deal of the corrupt Mestostobchi passed by Abdul Mahdi," pointing out that "Abdul Mahdi, if he wanted to open the files of corruption will fall within 3 hours," explaining that "parties "The authority today can lift the parliamentary lid on Abdul Mahdi and can not be held accountable."
Jubouri noted that "there is a major scandal in the oil dealings and a shortage of $ 15 per ton, and there is a big campaign to clear the Iraqi industry."
"I think the ruling authority does not notice that there is a political year that represents 90 percent of the deprived areas, and these are vengeful on the political scene in full, and this society is infuriating the production of three armed forces. What I fear is that this work is developing into an armed uprising, Mnbha "the existence of 3 projects, the first movement led by Osama Najafi, who has a project that fails will go to the Sunni community of weapons, and the second project Halabosi of those in power, the largest, and the third project Khamis dagger suspicious."
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A ‘shock to markets around the world’ could trigger next financial crisis, says Roubini
The Federal Reserve is widely expected to strike a dovish chord when it meets this week, clearing the way for a July rate cut — the first in more than a decade — that almost 40% of economists in a WSJ poll are expecting. While a hawkish Fed no longer looms over this aging bull market, Nouriel Roubini, now says the world “has an even bigger problem on its hands.”
Read in MarketWatch: https://apple.news/ A94Z7NKEKSYGWKc9rdQcOjg
Fixed-income investments like bonds aim for steady income, lower risk in your portfolio
Many investors depend on fixed income as part of their strategy. These types of investments can generate payout of interest and return of principal.
Read in USA TODAY: https://apple.news/ ANu5Mk6uQRb6VtgJqaAGdBQ
The markets have stopped paying much attention to the Fed's future guidance
The market has stopped paying much attention to Fed Chair Jerome Powell's long-range forecasts and the Fed's future guidance and will merely be looking for confirmation of its expectations at this week's Fed meeting.
Read in Axios: https://apple.news/ AWbXykh5LQj-2p43Sxy8h7g
The Next Bear Market Could Shave 35% off the Dow. Here’s Why.
Predicting when the next bear market will occur is notoriously difficult. Just ask stock-market timers. But what about predicting the severity of the next bear market?
Read in Barron's: https://apple.news/ AMKZ9L4X6S1OvqyfW7uAD9g
Stocks - Stocks Flat as Financials Fall on Growing Rate-Hike Hopes
Stock Markets Jun 17, 2019 19:19 GMT Investing.com – The S&P 500 made a subdued start the week Monday, as bank stocks stumbled on falling Treasury yields amid growing expectations that the Fed will cut rates. The S&P 500 rose 0.09%, the Dow Jones Industrial Average climbed 0.09%, while the Nasdaq Composite added 0.62%. With the two-day Federal Open Market Committee meeting set to get underway on Tuesday, a dire U.S. regional manufacturing report on Monday supported expectations the central bank
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Top 5 Things to Know in the Market on Tuesday
Economy Jun 18, 2019 09:51 GMT Investing.com - Here are the top five things you need to know in financial markets on Tuesday, June 18: 1. ECB hints at more easing as Fed meeting kicks off European Central Bank President Mario Draghi gave dovish opening remarks at an ongoing forum for central bankers in Sintra, Portugal on Tuesday. He indicated that, if no improvement in euro zone inflation occurred, the additional stimulus in the form of interest rate cuts or asset purchases would be required.
Read in Investing.com: https://apple.news/A0MFF_ FztQee2ShWGPm08Xw
3 Reasons Bitcoin's Price is Rallying Above $9K
Bitcoin rose above $9,000 over the weekend, taking cumulative year-to-date gains to more than 150 percent. Here's three likely reasons why.
Read in CoinDesk: https://apple.news/ APGasZkZeRDuMauYflIfEtA
New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses
Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not they occur due to negligence on the part of the operators. Bithumb Adopts FTC Directive According to The Korea Herald, Bithumb and four other exchanges in South Korea have updated their terms of service (ToS) to reflect a new directive from the country’s Fair Trade Commission (FTC). This new corrective recommendation stipulates that exchange
Read in Bitcoinist.net: https://apple.news/ AODTzHIRbMmWRJqoWgYq-tg
New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses
Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not they occur due to negligence on the part of the operators. Bithumb Adopts FTC Directive According to The Korea Herald, Bithumb and four other exchanges in South Korea have updated their terms of service (ToS) to reflect a new directive from the country’s Fair Trade Commission (FTC). This new corrective recommendation stipulates that exchange
Read in Bitcoinist.net: https://apple.news/ AODTzHIRbMmWRJqoWgYq-tg
Economist calls out JP Morgan analyst for incorrectly equating Bitcoin's intrinsic value to its mining cost
Bitcoin’s recent spike above $9000 has been the talk of the town, with several analysts and proponents of the cryptocurrency vouching for its revival. In a series of tweets, Alex Kruger, a popular economist, spoke about the entry of institutions into the Bitcoin ecosystem and how the switch from retail investors was beneficial to the...
Read in AMBCrypto: https://apple.news/AcM_ QgYkWS2i4kCk530BTcg
Facebook Extends Gains, Bitcoin Tops $9,000, Amid Cryptocurrency Launch Reports
Facebook shares extended gains in premarket trading Monday, while Bitcoin prices traded firmly past the $9,000 level, as investors prepped for tomorrow's 'white paper' from the social media group outlining its plans for a platform cryptocurrency. Facebook Inc. (FB) shares extended gains in premarket trading Monday, while Bitcoin prices traded firmly past the $9,000 level, as investors prepped for tomorrow's 'white paper' from the social media group outlining its plans for a platform
Read in TheStreet: https://apple.news/ ATdM39hYdSIakwGYqzP-fRw
Forex - U.S. Dollar Falls as New York Manufacturing Activity Slumps
Forex Jun 17, 2019 15:26 GMT Investing.com - The U.S. dollar fell on Monday after manufacturing activity in the New York area fell to a two-and-a-half year low in June, while other currencies remained quite ahead of a flurry of central bank meetings. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.1% to 96.935 by 11:25 AM ET (15:25 GMT). Data on Monday showed that manufacturing activity in the New York region posted a record
Read in Investing.com: https://apple.news/ AChVGuvPkSRWtXLeL5rSi6w
Pound euro exchange rate: GBP muted as UK acompanies slash investment by most in 10-years
THE pound is off slightly against the euro, and the pairing is currently trading at around €1.121. Sterling remains muted as data from the British Chambers of Commerce showed that business investment was forecast to slide by -1.3 per cent this year – which would be a 10-year low. Commenting on this, BCC Director General Adam Marshall suggested that companies were unable to progress with long-term plans due to the uncertainty surrounding Brexit. Mr Marshall said: “Businesses are putting resources
Read in Express: https://apple.news/ApjjS- k9HPnmUOn9eRcNluw
Pound to euro exchange rate: GBP suffers as Brexit pressure and political uncertainty rise
THE POUND to euro exchange rate slipped on Friday as GBP suffered a sixth consecutive weekly loss against the euro and has not improved since. Uncertainty sparked by Brexit and the battle for the new Prime Minister is rocking sterling, experts have said. The pound to euro exchange rate showed a decline for the sixth week in a row last week. GBP slid on Friday and has shown no signs of improvement this morning. Political uncertainty is to blame for the poor state of the UK’s currency. The
Read in Express: https://apple.news/ AYCumgDtqOgyJwtms88D75Q
Forex - Sterling at 2019 Lows on Brexit Fears, Aussie Slides
Forex Jun 18, 2019 07:30 GMT Investing.com - The British pound was trading near its lowest levels of the year on Tuesday as fresh fears over the prospect of a no-deal Brexit weighed, while the Australian dollar was pressured by growing expectations for another rate cut by the country’s central bank. The yen and the euro gained ground, as investors awaited policy-setting meetings by the U.S. Federal Reserve and the Bank of Japan as well as a conference organized by the European Central Bank, all
Read in Investing.com: https://apple.news/A- Umfo1FGRoK-pmdroWch7A
Italy's idea of a parallel currency gets a frosty response
A proposal in Rome to issue small-denomination bonds could have disastrous consequences, one analyst told CNBC.
Read in CNBC: https://apple.news/ A1jyEXwX2TJS5dr-Jg9cPTA
How to Identify and Avoid Forex Scams
Scams in the financial markets come in many forms and sizes. Forex scams do exist and they are probably among the worst in the financial world. Two major reasons explain why Forex fraud thrives today are, first, the lucrativeness of this market attracts both good and bad players. The Triennial Survey produced by the Bank...
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Colorado hospital faces lawsuit from dozens of patients over 'severe infections' causing at least 1 death: report
67 patients have sued Porter Adventist Hospital over their sterlilization processes, a year after the hospital said a breach occured involving surgical instruments that may have put patients at risk for contracting hepatitis B, hepatitis C or HIV. Many of the patients have spoken out about the pain caused by the breach during the past year.
Read in Fox News: https://apple.news/ AXuinMVWjQp29mt21p0-_dg
What personalised medicine could mean for your health
Technology is making it possible to tailor treatments to ever smaller groups of patients.
Read in BBC News: https://apple.news/ A4yQBGqxOSc6nqvcwkB9aqQ
Ebola's spread shows how science needs societies to succeed
By Kate Kelland LONDON - The persistence of Congo's Ebola outbreak and its deadly spread to Uganda in recent days show how societal issues are as crucial as scientific advances in controlling disease outbreaks, specialists in global public health say. Medical scientists, prompted by a devastating West African Ebola epidemic between 2013 and 2016, have worked fast to develop cutting edge vaccines, treatments and antibody-based therapies they hoped would prevent or halt future outbreaks of the
Read in Business Insider: https://apple.news/ AdaFylKevRG2y0EwI9VH6BQ
Report urges travelers to get MMR vaccine due to European outbreak
According to data from the World Health Organization, 41,000 measles cases were reported from January to June 2018 across 53 European countries
Read in CBS News: https://apple.news/Ai8pOp_ Z7RU2WTAL5grTuFQ
Potentially deadly valley fever is hitting California farmworkers hard, worrying researchers
Getting an accurate count of the number of people affected by valley fever is a challenge because the majority of those who are infected never know they have it.
Read in NBC News: https://apple.news/ AbnjgDONGRZuxR9ItpJI3Rw
Wilbur Ross downplays China prospects as tariffs spark opposition from US businesses
The U.S. trade agency begins on Monday seven days of hearings on proposed new tariffs on China.
Read in Fox News: https://apple.news/ AwIsypssVTkuD-1qgp92ygQ
Israel announces new Golan Heights settlement named 'Trump Heights'
Israel's Prime Minister Benjamin Netanyahu has announced a new settlement in the Golan Heights named after his "great friend" Donald Trump.
Read in CNN Politics: https://apple.news/ATtUl_ bRnQ8WjI_gKegIuBQ
Opinion: 5 signs that home prices could be rolling over again
Your local housing market may be weaker than you think, writes Keith Jurow.
Read in MarketWatch: https://apple.news/ AYGjvL5hKRg6Pz2S63vrLqw
After Iran threatens to break nuclear deal, Trump orders another 1,000 troops to Middle East
As President Trump ordered the deployment of 1,000 more troops to the Middle East, Tehran was trying to get European nations to blunt American economic sanctions.
Read in The New York Times: https://apple.news/ AtLeTh8b5TdyAf0tSGIXWkw
New Jersey man becomes latest American tourist to die at a Dominican Republic resort
Joseph Allen is at least the ninth American to have died while staying at resorts in the the small Caribbean country.
Read in NBC News: https://apple.news/ AjZoHREswSQWj9d-Y1PiMnw
Thousands of Venezuelans descend on Peruvian border
Thousands of Venezuelans rushed to Peru's northern border on Friday hoping to enter the Andean country before the imposition of strict immigration requirements at midnight. The economic collapse of Venezuela under the presidency of Nicolás Maduro has unleashed the largest migration crisis in the recent history of Latin America, forcing countries like Peru to face an unprecedented increase in immigration. On Thursday alone, 5,849 Venezuelans entered Peru in Tumbes, compared to a daily average of
Read in euronews: https://apple.news/AQrQZ_ CspOOKj2mAIcr5XrQ
As Peru tightens its border, desperate Venezuelans cling to asylum lifeline
Thousands of Venezuelans crossed into Peru despite a crackdown on migrants without passports or visas meant to stem the flood of immigration from their crisis-stricken nation, as many lacking those documents filed asylum requests instead.
Read in Reuters: https://apple.news/ AUMerXWYAS1aHJtwWl2CuKQ
Venezuela Sets Bitcoin Trading Record With New Hyperinflated Banknotes
New currency reforms in Venezuela accompanied a decisive surge in Bitcoin trading this week, with informal markets setting new all-time highs. Bitcoin Boom As Central Bank Re-adds Zeros Data from monitoring resource Coin Dance reveals that in the seven days ending June 15, Venezuelans transacted over 46 billion sovereign bolivars (VES) on P2P Bitcoin exchange Localbitcoins. The figure stands far above the previous record of 40.9 billion VES set earlier in May. As Bitcoinist has frequently
Read in Bitcoinist.net: https://apple.news/ A2baxMqHWPiS3AJ1iPS6TyQ
Axios Markets: Waiting for confirmation — Doubting the cocoa cartel — A flood of new bonds
Was this email forwarded to you? Sign up here. (Smart Brevity count: 1,241 words / <5 minutes.) Situational awareness:
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Hunt for cause of massive South America power outage begins
"I don't remember anything like this in Uruguay," said one Uruguayan.
Read in NBC News: https://apple.news/ AGjtr6wRNRH64uA9xQA1ftQ
Iran, Russia talks raise hopes of progress on OPEC+ meeting date
Iran's oil minister is scheduled to meet his Russian counterpart in Iran later on Monday, industry sources said, raising hopes of progress in resolving a month-long impasse over when OPEC and its allies will hold their next policy gathering.
Read in Reuters: https://apple.news/ AR2ebQAODR7WZK0U6jPoWXg
Iran says it will break the uranium stockpile limit agreed under nuclear deal in 10 days
Iran is ramping up enrichment of low-grade uranium and will pass the limit it is allowed to stockpile under the nuclear deal in 10 days, a spokesman for the Iranian atomic agency announced Monday.
Read in CNN: https://apple.news/Aps_ 1wcP7TiCdJvk8gx78qQ
Iraq lifts production at Exxon’s West Qurna 1 oilfield to 465,000 bpd: officials
Production at Iraq's giant West Qurna 1 oilfield in the south has reached 465,000 barrels per day (bpd) after the completion of new crude processing facilities and oil storage tanks, Iraqi oil officials said on Monday.
Read in Reuters: https://apple.news/ Axm8dWncUR6KWXz-D4HwRJQ
Palestinian contractors poised for riches from Israeli tech firm's takeover
Palestinian engineers working for Israeli chip designer Mellanox Technologies are poised to share a $3.5 million payout when the company's takeover by U.S. chip supplier Nvidia Corp is completed.
Read in Reuters: https://apple.news/ A0Ho3aA2IQWmMR-OKh_95yA
Oil dips as economic jitters outweigh Middle East tensions
Mubasher: Oil prices fell on Monday on looming global economic slowdown in the middle of trade tensions.
Read in Mubasher: https://apple.news/ADky- IbElOOWJpn6MrC035g
Zimbabwe: Fuel Dealers Cornered
The Zimbabwe Revenue Authority has cornered fuel dealers who used to divert the product to the black market by adopting the Electronic Cargo Tracking System (ECTS) which tracks fuel tankers to their indicated destinations. Some of the dealers have since chickened out, leading to the National Oil Company of Zimbabwe (NOIC) recording declining figures on those requesting the product. ECTS has managed to reduce cases of diversion of fuel from the NOIC depots, transit fraud and the dumping of
Read in AllAfrica: https://apple.news/ A4AMRSlKqMjSFOps82qmo6A
Africa: Zim Hosts Africa's Wildlife Summit
President Mnangagwa will join other dignitaries from various countries and organisations at Africa's Wildlife Economy summit in Victoria Falls next week, to discuss ideas on the conservation of Africa's natural environment. The conference is sponsored by the African Union (AU) and United Nations (UN). The summit will be held under the theme "Communities for Conservation, Harnessing Conservation Tourism, and Supporting Governments". Environment, Tourism and Hospitality Industry Minister Prisca
Read in AllAfrica: https://apple.news/ A7TcGss61PpaDxbTMq_0ipw
Kenya on High Alert After Suspected Ebola Case in Kericho
Health authorities in Kericho County are on a red alert over a suspected case of Ebola. This was after a patient exhibited suspected symptoms of the haemorrhagic fever at Kericho County Referral Hospital. County officials on Monday said the woman had travelled from Malaba, a town in Busia County on the border of Kenya and Uganda, to see her spouse. PUFFY FACE She was initially admitted at Siloam Hospital before being transferred to Kericho County Referral Hospital. "A female patient presented at
Read in AllAfrica: https://apple.news/AOa- GmsT0PCyYPQ3AzbQnUA
South Africa: Mandela Foundation Seeks Meeting with Zindzi Mandela Over 'Land Thieves' Tweets
Cape Town The Nelson Mandela Foundation has called for a meeting with South Africa's ambassador to Denmark Zindzi Mandela after she she posted several tweets about land that sparked outrage, The Citizen reports. Luzuko Koti, communications director at the Nelson Mandela Foundation, said the organisation was seeking a meeting with Mandela, adding: "We will comment after we have discussed the issue with her." A tweet from the unverified account that seemingly belongs to Mandela read: "Dear
Read in AllAfrica: https://apple.news/ AROv0HoXtMMqo3s8eUJiexA
Asian Stocks Mixed as Focus Turns to Central Banks: Markets Wrap
Asian stocks were mixed at the start of a big week for central-bank policy. Treasuries edged lower.
Read in Bloomberg: https://apple.news/ AFk11LwnVQ1GpR6Vbr33SFA
Are Rare Earths the Next Pawn in the US-China Trade War?
China is the world's largest producer and processor of 17 elements that are key ingredients in smartphones, airplanes, medical devices, and military gear.
Read in WIRED: https://apple.news/ AmvAjta0tTg6NyRPmJ_qYvA
China’s top economic planner refuses to rule out playing rare earths card against US
China’s top economic planning agency has once again declined to rule out the use of rare earths as weapon against the US, as relations between the two sides continue to deteriorate. Meng Wei, a spokeswoman for the National Development and Reform…
Read in South China Morning Post: https://apple.news/ AAekuiWbyTgG0G6r1IKNmXg
What do the Hong Kong protests mean for US-China relations?
Wall Street Journal Editor-at-Large Gerry Baker on the protests in Hong Kong and the potential impact on U.S. relations with China.
Read in Fox News: https://apple.news/ Aq8GDkyk8RVi9Q-hw3JgVvg
SPECIAL REPORT-How Japan turned against its 'bazooka'-wielding central bank chief
TOKYO, June 17 (Reuters) -INFLATION HEADACHE: The Bank of Japan has pushed back the timingfor hitting its inflation target on six occasions. GovernorHaruhiko Kuroda, seen here at a news conference at BOJheadquarters in Tokyo in mid-2015, still argues that the costsof massive monetary easing are manageable. REUTERS/Yuya Shino
Read in Reuters: https://apple.news/ AExjXMURTRQC5wXcwdNGyKg
Chinese economic reforms are ‘the only way out’ of US trade war, says veteran government adviser
Reforms to China’s highly-leveraged economy are “the only way out” of its current economic malaise, according to a veteran government adviser, who questioned whether Beijing’s stimulus measures would be effective in riding out the trade war with the…
Read in South China Morning Post: https://apple.news/ Ahi2SLbxcTkSyXK6BlsTJ0A
Singapore exports suffer biggest fall in three years as exposure to Chinese economy, US trade war bites
Concerns over Singapore’s exposure to the Chinese economy mounted on Monday after new data showed that its non-oil exports fell by 15.9 per cent in May, the largest decline for more than three years. Exports to China and Hong Kong slumped by 23.3 per cent…
Read in South China Morning Post: https://apple.news/ A6dpZ10SYSrayY4WlyYFvng
Plunge in Singapore's exports highlights Asian economic troubles
A steep drop in exports from Singapore, one of the world's most trade-dependent economies, is an indicator of the troubles facing many Asian countries because of the trade war between the United States and China, analysts said on Monday. The Southeast Asian country's exports, excluding oil, fell 15.9 percent in May compared with the same month last year, according to Enterprise Singapore, a government body that tracks trade figures. It was the biggest decline since March 2016, and partly driven
Read in Aljazeera: https://apple.news/ A8QUFU1V8MCi2unvQ8HAuGg
German economy to shrink slightly in Q2 - Bundesbank
German economic output will fallslightly in the second quarter, the Bundesbank said on Monday,as one-off effects that underpinned an expansion in the firstquarter fade.
Read in Reuters: https://apple.news/A- 90hwRBdQrC_ESoqU0uyDQ
London markets flat as investors look to central banks
The Bank of England meeting is unlikely to produce a hoped-for rate increase as economic data sours
Read in MarketWatch: https://apple.news/ Al0eMROyIS7ahpM4q46c5PQ
Spain joins France and Germany in race to build Europe's next fighter jet
Spain on Monday joined a Franco-German project to design a next-generation fighter jet, an initiative touted as key to ensuring Europe can defend itself without depending on allies in an increasingly uncertain world.
Read in Reuters: https://apple.news/AsdJdZF_ pRLeQIvnMV8uUwQ
Swiss refiner Metalor to stop processing artisanal gold
* Artisanal gold often smuggled, work conditions can be dire
Read in Reuters: https://apple.news/ ATo7vYZWKSuGEslqSK53KlQ
Brussels Edition: The Next Big Thing
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Sign up here to get it in your inbox every weekday morning.
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GLOBAL/NEWS/INFO
Today in History
Today in History
Read in ABC News: https://apple.news/Ak8jSw_x_
13 expert relationship money tips
Financial expert Rachel Cruz shares pro tips couples when it comes to money.
Read in ABC News: https://apple.news/
10 Things to Know for Today
Among 10 Things to Know: Washington and Tehran are edging closer to a possible confrontation; Troubling trend in suicides in prisons; Even gold teeth of the dead targeted by thieves in Venezuela; Facebook unveils plan for new digital currency
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OIL/COMMODITIES/ENERGY
PRECIOUS-Gold falls further from 14-mth peak as dollar firms before Fed meeting
* ESPDR Gold holdings rise 0.6% on Friday
Read in Reuters: https://apple.news/ATLzeRDJyQ-
Gold Prices Flat, Reflecting Caution Ahead of Fed Meeting
Commodities Jun 17, 2019 14:12 GMT Investing.com - Gold prices were little changed on Monday, losing steam after five consecutive sessions of gains as investors turned cautious despite expectations for hints at looser policy from the Federal Reserve on Wednesday. Gold futures for August delivery on the Comex division of the New York Mercantile Exchange, was nearly unchanged at $1,344.15 a troy ounce by 10:08 AM ET (14:08 GMT). Prices have risen 5% in the last three weeks alone on signs of the
Read in Investing.com: https://apple.news/
Gold Prices Rise; All Eyes on Fed
Commodities Jun 18, 2019 04:53 GMT Investing.com - Gold prices rose on Tuesday in Asia as traders await the highly-anticipated Federal Reserve meeting that is set to kick off later in the day. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.2%, at $1,345.35 per ounce by 12:43 AM ET(04:43 GMT). Although the Fed is not expected to change interest rates on its policy decision on Wednesday, analysts are widely expecting U.S. central bank
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METALS-Copper slips on trade fears, fading expectations of Fed rate cut
* GRAPHIC-2019 asset returns:
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Oil exports are on the rise in Louisiana
The Louisiana Offshore Oil Port is becoming a major world source of exported crude oil
Read in ABC News: https://apple.news/
Oil Prices Drop; Saudi Arabia Hints at Output Cut Meeting Delay
Commodities Jun 17, 2019 12:15 GMT Investing.com - Oil prices lost ground on Monday as a reported delay in a key meeting to extend production cuts by major exporters raised uncertainty over the agreement. New York-traded West Texas Intermediate crude futures fell 49 cents, or 0.9%, at $52.02 a barrel by 8:10 AM ET (12:10 GMT), while Brent crude futures, the benchmark for oil prices outside the U.S. lost 53 cents, or 0.9%, to $61.48. “We are hoping that we will reach consensus to extend our
Read in Investing.com: https://apple.news/
BANKS/BANKING/CREDIT
What Is Private Banking?
After making enough money, banks open up their private services for you to protect your wealth. But what are these services, and are they worth your time and money? Once you've reached a certain level with your finances, real questions emerge over "How do I hold onto this?" For the many who've found wealth outside the world of finance, figuring out the smart and responsible actions to take with what you've earned can pose an intimidating challenge. One popular option made for this very issue is
Read in TheStreet: https://apple.news/
Goldman Consolidating Private-Investing Units to Create 'New' Division: Report
Goldman Sachs Group is consolidating several separate units involved in so-called 'hard-to-access' deals, reports the Wall Street Journal. Goldman Sachs Group is consolidating several separate units involved in so-called 'hard-to-access' deals, reports the Wall Street Journal. Goldman Sachs Group (GS) is consolidating several separate private units already involved in "hard-to-access" deals such as investing in private companies and real estate to build a "new unit" that could seek outside
Read in TheStreet: https://apple.news/
Deutsche Bank Tops DAX As €50 Billion 'Bad Bank' Report Snaps Losing Streak
Deutsche Bank surged to the top of the German market Monday, helping financial sector shares pace gains around the region, following multiple reports that the troubled lender is ready to create a "bad bank" to house underperforming assets. Deutsche Bank (DB) surged to the top of the German market Monday, helping financial sector shares pace gains around the region, following multiple reports that the troubled lender is ready to create a "bad bank" to house underperforming assets. The bad bank
Read in TheStreet: https://apple.news/Ak_
This big bank is eliminating all fees on checking and savings accounts
Discover is doing away with fees of any kind on its checking, savings, money market and certificate of deposit accounts.
Read in USA TODAY: https://apple.news/AzPrKZ-
Bank Seizure Sees Chinese Bond Traders Reassess Counterparties
Counterparty risks are being looked at in a completely different light by Chinese bond traders following the seizure of Baoshang Bank Co. by the Chinese government. Traders are rightfully unwilling to touch even premier, AAA rated bank short-term bank debt as security due to the seizure of the bank last month. Corporate bonds that do […] The post Bank Seizure Sees Chinese Bond Traders Reassess Counterparties appeared first on LearnBonds.com.
Read in Learn Bonds Financial News: https://apple.news/
UBS was kicked off a $1 billion bond deal because China is angry about a joke a senior economist made about pigs
Paul Donovan, who is at the centre of a row over comments he made about 'Chinese pigs.' UBS and China are in a bitter dispute over an economic briefing which officials in Beijing have interpreted as a racial slur. The dispute appears to have had real costs for UBS: on Monday it was excluded from advising one of China's biggest state-owned companies on a billion-dollar bond deal. Paul Donovan, the chief economist at the bank's wealth management arm, made the comments during an audio briefing
Read in Business Insider: https://apple.news/
Citi combines rates and currencies businesses
Citigroup Inc said on Monday it is combining its Foreign Exchange & Local Markets and G10 currencies businesses into one unit.
Read in Reuters: https://apple.news/
TREASURIES/BONDS/STOCKS
A ‘shock to markets around the world’ could trigger next financial crisis, says Roubini
The Federal Reserve is widely expected to strike a dovish chord when it meets this week, clearing the way for a July rate cut — the first in more than a decade — that almost 40% of economists in a WSJ poll are expecting. While a hawkish Fed no longer looms over this aging bull market, Nouriel Roubini, now says the world “has an even bigger problem on its hands.”
Read in MarketWatch: https://apple.news/
Fixed-income investments like bonds aim for steady income, lower risk in your portfolio
Many investors depend on fixed income as part of their strategy. These types of investments can generate payout of interest and return of principal.
Read in USA TODAY: https://apple.news/
The markets have stopped paying much attention to the Fed's future guidance
The market has stopped paying much attention to Fed Chair Jerome Powell's long-range forecasts and the Fed's future guidance and will merely be looking for confirmation of its expectations at this week's Fed meeting.
Read in Axios: https://apple.news/
The Next Bear Market Could Shave 35% off the Dow. Here’s Why.
Predicting when the next bear market will occur is notoriously difficult. Just ask stock-market timers. But what about predicting the severity of the next bear market?
Read in Barron's: https://apple.news/
Stocks - Stocks Flat as Financials Fall on Growing Rate-Hike Hopes
Stock Markets Jun 17, 2019 19:19 GMT Investing.com – The S&P 500 made a subdued start the week Monday, as bank stocks stumbled on falling Treasury yields amid growing expectations that the Fed will cut rates. The S&P 500 rose 0.09%, the Dow Jones Industrial Average climbed 0.09%, while the Nasdaq Composite added 0.62%. With the two-day Federal Open Market Committee meeting set to get underway on Tuesday, a dire U.S. regional manufacturing report on Monday supported expectations the central bank
Read in Investing.com: https://apple.news/
Top 5 Things to Know in the Market on Tuesday
Economy Jun 18, 2019 09:51 GMT Investing.com - Here are the top five things you need to know in financial markets on Tuesday, June 18: 1. ECB hints at more easing as Fed meeting kicks off European Central Bank President Mario Draghi gave dovish opening remarks at an ongoing forum for central bankers in Sintra, Portugal on Tuesday. He indicated that, if no improvement in euro zone inflation occurred, the additional stimulus in the form of interest rate cuts or asset purchases would be required.
Read in Investing.com: https://apple.news/A0MFF_
CRYPTO'S / DIGITAL CURRENCY
3 Reasons Bitcoin's Price is Rallying Above $9K
Bitcoin rose above $9,000 over the weekend, taking cumulative year-to-date gains to more than 150 percent. Here's three likely reasons why.
Read in CoinDesk: https://apple.news/
New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses
Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not they occur due to negligence on the part of the operators. Bithumb Adopts FTC Directive According to The Korea Herald, Bithumb and four other exchanges in South Korea have updated their terms of service (ToS) to reflect a new directive from the country’s Fair Trade Commission (FTC). This new corrective recommendation stipulates that exchange
Read in Bitcoinist.net: https://apple.news/
New Rules Make Korean Bitcoin Exchanges Liable for Customer Losses
Bithumb is one of five South Korean bitcoin exchanges that has adopted a new directive which mandates that platforms be liable for losses whether not they occur due to negligence on the part of the operators. Bithumb Adopts FTC Directive According to The Korea Herald, Bithumb and four other exchanges in South Korea have updated their terms of service (ToS) to reflect a new directive from the country’s Fair Trade Commission (FTC). This new corrective recommendation stipulates that exchange
Read in Bitcoinist.net: https://apple.news/
Economist calls out JP Morgan analyst for incorrectly equating Bitcoin's intrinsic value to its mining cost
Bitcoin’s recent spike above $9000 has been the talk of the town, with several analysts and proponents of the cryptocurrency vouching for its revival. In a series of tweets, Alex Kruger, a popular economist, spoke about the entry of institutions into the Bitcoin ecosystem and how the switch from retail investors was beneficial to the...
Read in AMBCrypto: https://apple.news/AcM_
Bitcoin breaching its 200-day MA was the 'trigger' that precipitated recent bull run, claims Fundstrat's Thomas Lee
Bitcoin [BTC], now reinvigorated and recharged, once again affirmed its position as the king of the cryptocurrency market by climbing out of the price swap and into the bullish heaven of $9,000. After days of sluggish movement, the bullish swing towards the end of the previous week not only broke the ceiling, but several ceilings...
Read in AMBCrypto: https://apple.news/ A5u4CTylITMCmC4qAAR8SyA
Bitcoin [BTC], now reinvigorated and recharged, once again affirmed its position as the king of the cryptocurrency market by climbing out of the price swap and into the bullish heaven of $9,000. After days of sluggish movement, the bullish swing towards the end of the previous week not only broke the ceiling, but several ceilings...
Read in AMBCrypto: https://apple.news/
Facebook Extends Gains, Bitcoin Tops $9,000, Amid Cryptocurrency Launch Reports
Facebook shares extended gains in premarket trading Monday, while Bitcoin prices traded firmly past the $9,000 level, as investors prepped for tomorrow's 'white paper' from the social media group outlining its plans for a platform cryptocurrency. Facebook Inc. (FB) shares extended gains in premarket trading Monday, while Bitcoin prices traded firmly past the $9,000 level, as investors prepped for tomorrow's 'white paper' from the social media group outlining its plans for a platform
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CURRENCIES
Forex - U.S. Dollar Falls as New York Manufacturing Activity Slumps
Forex Jun 17, 2019 15:26 GMT Investing.com - The U.S. dollar fell on Monday after manufacturing activity in the New York area fell to a two-and-a-half year low in June, while other currencies remained quite ahead of a flurry of central bank meetings. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.1% to 96.935 by 11:25 AM ET (15:25 GMT). Data on Monday showed that manufacturing activity in the New York region posted a record
Read in Investing.com: https://apple.news/
Pound euro exchange rate: GBP muted as UK acompanies slash investment by most in 10-years
THE pound is off slightly against the euro, and the pairing is currently trading at around €1.121. Sterling remains muted as data from the British Chambers of Commerce showed that business investment was forecast to slide by -1.3 per cent this year – which would be a 10-year low. Commenting on this, BCC Director General Adam Marshall suggested that companies were unable to progress with long-term plans due to the uncertainty surrounding Brexit. Mr Marshall said: “Businesses are putting resources
Read in Express: https://apple.news/ApjjS-
Pound to euro exchange rate: GBP suffers as Brexit pressure and political uncertainty rise
THE POUND to euro exchange rate slipped on Friday as GBP suffered a sixth consecutive weekly loss against the euro and has not improved since. Uncertainty sparked by Brexit and the battle for the new Prime Minister is rocking sterling, experts have said. The pound to euro exchange rate showed a decline for the sixth week in a row last week. GBP slid on Friday and has shown no signs of improvement this morning. Political uncertainty is to blame for the poor state of the UK’s currency. The
Read in Express: https://apple.news/
Forex - Sterling at 2019 Lows on Brexit Fears, Aussie Slides
Forex Jun 18, 2019 07:30 GMT Investing.com - The British pound was trading near its lowest levels of the year on Tuesday as fresh fears over the prospect of a no-deal Brexit weighed, while the Australian dollar was pressured by growing expectations for another rate cut by the country’s central bank. The yen and the euro gained ground, as investors awaited policy-setting meetings by the U.S. Federal Reserve and the Bank of Japan as well as a conference organized by the European Central Bank, all
Read in Investing.com: https://apple.news/A-
Italy's idea of a parallel currency gets a frosty response
A proposal in Rome to issue small-denomination bonds could have disastrous consequences, one analyst told CNBC.
Read in CNBC: https://apple.news/
How to Identify and Avoid Forex Scams
Scams in the financial markets come in many forms and sizes. Forex scams do exist and they are probably among the worst in the financial world. Two major reasons explain why Forex fraud thrives today are, first, the lucrativeness of this market attracts both good and bad players. The Triennial Survey produced by the Bank...
Read in PC-Tablet: https://apple.news/
HEALTH / SCIENCE
Colorado hospital faces lawsuit from dozens of patients over 'severe infections' causing at least 1 death: report
67 patients have sued Porter Adventist Hospital over their sterlilization processes, a year after the hospital said a breach occured involving surgical instruments that may have put patients at risk for contracting hepatitis B, hepatitis C or HIV. Many of the patients have spoken out about the pain caused by the breach during the past year.
Read in Fox News: https://apple.news/
What personalised medicine could mean for your health
Technology is making it possible to tailor treatments to ever smaller groups of patients.
Read in BBC News: https://apple.news/
Ebola's spread shows how science needs societies to succeed
By Kate Kelland LONDON - The persistence of Congo's Ebola outbreak and its deadly spread to Uganda in recent days show how societal issues are as crucial as scientific advances in controlling disease outbreaks, specialists in global public health say. Medical scientists, prompted by a devastating West African Ebola epidemic between 2013 and 2016, have worked fast to develop cutting edge vaccines, treatments and antibody-based therapies they hoped would prevent or halt future outbreaks of the
Read in Business Insider: https://apple.news/
Report urges travelers to get MMR vaccine due to European outbreak
According to data from the World Health Organization, 41,000 measles cases were reported from January to June 2018 across 53 European countries
Read in CBS News: https://apple.news/Ai8pOp_
Potentially deadly valley fever is hitting California farmworkers hard, worrying researchers
Getting an accurate count of the number of people affected by valley fever is a challenge because the majority of those who are infected never know they have it.
Read in NBC News: https://apple.news/
USA / CANADA
Wilbur Ross downplays China prospects as tariffs spark opposition from US businesses
The U.S. trade agency begins on Monday seven days of hearings on proposed new tariffs on China.
Read in Fox News: https://apple.news/
California needs a big pot of money for wildfires. But how big? And who pays?
California leaders are calling for a giant pot of money to help electricity providers pay for wildfires, a critical move to head off another
Read in Los Angeles Times: https://apple.news/ ACaWyGoN7RLW4O35D19rLig
California leaders are calling for a giant pot of money to help electricity providers pay for wildfires, a critical move to head off another
Read in Los Angeles Times: https://apple.news/
Israel announces new Golan Heights settlement named 'Trump Heights'
Israel's Prime Minister Benjamin Netanyahu has announced a new settlement in the Golan Heights named after his "great friend" Donald Trump.
Read in CNN Politics: https://apple.news/ATtUl_
Opinion: 5 signs that home prices could be rolling over again
Your local housing market may be weaker than you think, writes Keith Jurow.
Read in MarketWatch: https://apple.news/
After Iran threatens to break nuclear deal, Trump orders another 1,000 troops to Middle East
As President Trump ordered the deployment of 1,000 more troops to the Middle East, Tehran was trying to get European nations to blunt American economic sanctions.
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New Jersey man becomes latest American tourist to die at a Dominican Republic resort
Joseph Allen is at least the ninth American to have died while staying at resorts in the the small Caribbean country.
Read in NBC News: https://apple.news/
EMERGING MARKETS
Thousands of Venezuelans descend on Peruvian border
Thousands of Venezuelans rushed to Peru's northern border on Friday hoping to enter the Andean country before the imposition of strict immigration requirements at midnight. The economic collapse of Venezuela under the presidency of Nicolás Maduro has unleashed the largest migration crisis in the recent history of Latin America, forcing countries like Peru to face an unprecedented increase in immigration. On Thursday alone, 5,849 Venezuelans entered Peru in Tumbes, compared to a daily average of
Read in euronews: https://apple.news/AQrQZ_
As Peru tightens its border, desperate Venezuelans cling to asylum lifeline
Thousands of Venezuelans crossed into Peru despite a crackdown on migrants without passports or visas meant to stem the flood of immigration from their crisis-stricken nation, as many lacking those documents filed asylum requests instead.
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Venezuela Sets Bitcoin Trading Record With New Hyperinflated Banknotes
New currency reforms in Venezuela accompanied a decisive surge in Bitcoin trading this week, with informal markets setting new all-time highs. Bitcoin Boom As Central Bank Re-adds Zeros Data from monitoring resource Coin Dance reveals that in the seven days ending June 15, Venezuelans transacted over 46 billion sovereign bolivars (VES) on P2P Bitcoin exchange Localbitcoins. The figure stands far above the previous record of 40.9 billion VES set earlier in May. As Bitcoinist has frequently
Read in Bitcoinist.net: https://apple.news/
Axios Markets: Waiting for confirmation — Doubting the cocoa cartel — A flood of new bonds
Was this email forwarded to you? Sign up here. (Smart Brevity count: 1,241 words / <5 minutes.) Situational awareness:
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Hunt for cause of massive South America power outage begins
"I don't remember anything like this in Uruguay," said one Uruguayan.
Read in NBC News: https://apple.news/
Brazilian group in talks to sell stake in Angola’s Unitel
Brazilian group Oi has “been in talks” with potentially interested parties in the purchase of its 25% stake in Angolan telecom operator Unitel, the group said in a market statement. Oi said it had not received a proposal from state-owned oil and fuel company Sonangol, which controls a 25% stake in that telecom operator. The...
Read in FurtherAfrica: https://apple.news/ A0WMRvqJkS3aVNTO3HrocRA
Brazilian group Oi has “been in talks” with potentially interested parties in the purchase of its 25% stake in Angolan telecom operator Unitel, the group said in a market statement. Oi said it had not received a proposal from state-owned oil and fuel company Sonangol, which controls a 25% stake in that telecom operator. The...
Read in FurtherAfrica: https://apple.news/
MIDDLE EAST
Iran, Russia talks raise hopes of progress on OPEC+ meeting date
Iran's oil minister is scheduled to meet his Russian counterpart in Iran later on Monday, industry sources said, raising hopes of progress in resolving a month-long impasse over when OPEC and its allies will hold their next policy gathering.
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Iran says it will break the uranium stockpile limit agreed under nuclear deal in 10 days
Iran is ramping up enrichment of low-grade uranium and will pass the limit it is allowed to stockpile under the nuclear deal in 10 days, a spokesman for the Iranian atomic agency announced Monday.
Read in CNN: https://apple.news/Aps_
Iraq lifts production at Exxon’s West Qurna 1 oilfield to 465,000 bpd: officials
Production at Iraq's giant West Qurna 1 oilfield in the south has reached 465,000 barrels per day (bpd) after the completion of new crude processing facilities and oil storage tanks, Iraqi oil officials said on Monday.
Read in Reuters: https://apple.news/
Palestinian contractors poised for riches from Israeli tech firm's takeover
Palestinian engineers working for Israeli chip designer Mellanox Technologies are poised to share a $3.5 million payout when the company's takeover by U.S. chip supplier Nvidia Corp is completed.
Read in Reuters: https://apple.news/
Oil dips as economic jitters outweigh Middle East tensions
Mubasher: Oil prices fell on Monday on looming global economic slowdown in the middle of trade tensions.
Read in Mubasher: https://apple.news/ADky-
AFRICA
Zimbabwe: Fuel Dealers Cornered
The Zimbabwe Revenue Authority has cornered fuel dealers who used to divert the product to the black market by adopting the Electronic Cargo Tracking System (ECTS) which tracks fuel tankers to their indicated destinations. Some of the dealers have since chickened out, leading to the National Oil Company of Zimbabwe (NOIC) recording declining figures on those requesting the product. ECTS has managed to reduce cases of diversion of fuel from the NOIC depots, transit fraud and the dumping of
Read in AllAfrica: https://apple.news/
Africa: Zim Hosts Africa's Wildlife Summit
President Mnangagwa will join other dignitaries from various countries and organisations at Africa's Wildlife Economy summit in Victoria Falls next week, to discuss ideas on the conservation of Africa's natural environment. The conference is sponsored by the African Union (AU) and United Nations (UN). The summit will be held under the theme "Communities for Conservation, Harnessing Conservation Tourism, and Supporting Governments". Environment, Tourism and Hospitality Industry Minister Prisca
Read in AllAfrica: https://apple.news/
Kenya on High Alert After Suspected Ebola Case in Kericho
Health authorities in Kericho County are on a red alert over a suspected case of Ebola. This was after a patient exhibited suspected symptoms of the haemorrhagic fever at Kericho County Referral Hospital. County officials on Monday said the woman had travelled from Malaba, a town in Busia County on the border of Kenya and Uganda, to see her spouse. PUFFY FACE She was initially admitted at Siloam Hospital before being transferred to Kericho County Referral Hospital. "A female patient presented at
Read in AllAfrica: https://apple.news/AOa-
South Africa: Mandela Foundation Seeks Meeting with Zindzi Mandela Over 'Land Thieves' Tweets
Cape Town The Nelson Mandela Foundation has called for a meeting with South Africa's ambassador to Denmark Zindzi Mandela after she she posted several tweets about land that sparked outrage, The Citizen reports. Luzuko Koti, communications director at the Nelson Mandela Foundation, said the organisation was seeking a meeting with Mandela, adding: "We will comment after we have discussed the issue with her." A tweet from the unverified account that seemingly belongs to Mandela read: "Dear
Read in AllAfrica: https://apple.news/
ASIA
Asian Stocks Mixed as Focus Turns to Central Banks: Markets Wrap
Asian stocks were mixed at the start of a big week for central-bank policy. Treasuries edged lower.
Read in Bloomberg: https://apple.news/
Are Rare Earths the Next Pawn in the US-China Trade War?
China is the world's largest producer and processor of 17 elements that are key ingredients in smartphones, airplanes, medical devices, and military gear.
Read in WIRED: https://apple.news/
China’s top economic planner refuses to rule out playing rare earths card against US
China’s top economic planning agency has once again declined to rule out the use of rare earths as weapon against the US, as relations between the two sides continue to deteriorate. Meng Wei, a spokeswoman for the National Development and Reform…
Read in South China Morning Post: https://apple.news/
What do the Hong Kong protests mean for US-China relations?
Wall Street Journal Editor-at-Large Gerry Baker on the protests in Hong Kong and the potential impact on U.S. relations with China.
Read in Fox News: https://apple.news/
SPECIAL REPORT-How Japan turned against its 'bazooka'-wielding central bank chief
TOKYO, June 17 (Reuters) -INFLATION HEADACHE: The Bank of Japan has pushed back the timingfor hitting its inflation target on six occasions. GovernorHaruhiko Kuroda, seen here at a news conference at BOJheadquarters in Tokyo in mid-2015, still argues that the costsof massive monetary easing are manageable. REUTERS/Yuya Shino
Read in Reuters: https://apple.news/
Chinese economic reforms are ‘the only way out’ of US trade war, says veteran government adviser
Reforms to China’s highly-leveraged economy are “the only way out” of its current economic malaise, according to a veteran government adviser, who questioned whether Beijing’s stimulus measures would be effective in riding out the trade war with the…
Read in South China Morning Post: https://apple.news/
Singapore exports suffer biggest fall in three years as exposure to Chinese economy, US trade war bites
Concerns over Singapore’s exposure to the Chinese economy mounted on Monday after new data showed that its non-oil exports fell by 15.9 per cent in May, the largest decline for more than three years. Exports to China and Hong Kong slumped by 23.3 per cent…
Read in South China Morning Post: https://apple.news/
Plunge in Singapore's exports highlights Asian economic troubles
A steep drop in exports from Singapore, one of the world's most trade-dependent economies, is an indicator of the troubles facing many Asian countries because of the trade war between the United States and China, analysts said on Monday. The Southeast Asian country's exports, excluding oil, fell 15.9 percent in May compared with the same month last year, according to Enterprise Singapore, a government body that tracks trade figures. It was the biggest decline since March 2016, and partly driven
Read in Aljazeera: https://apple.news/
EUROPE
German economy to shrink slightly in Q2 - Bundesbank
German economic output will fallslightly in the second quarter, the Bundesbank said on Monday,as one-off effects that underpinned an expansion in the firstquarter fade.
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London markets flat as investors look to central banks
The Bank of England meeting is unlikely to produce a hoped-for rate increase as economic data sours
Read in MarketWatch: https://apple.news/
Spain joins France and Germany in race to build Europe's next fighter jet
Spain on Monday joined a Franco-German project to design a next-generation fighter jet, an initiative touted as key to ensuring Europe can defend itself without depending on allies in an increasingly uncertain world.
Read in Reuters: https://apple.news/AsdJdZF_
Swiss refiner Metalor to stop processing artisanal gold
* Artisanal gold often smuggled, work conditions can be dire
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Brussels Edition: The Next Big Thing
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Sign up here to get it in your inbox every weekday morning.
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CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Wednesday 6/19/19 did update on the indicative rates Sell Rate 1190
The currency auction is 182,309,220
There are no news and announcements.
Saadi announces the inclusion of all employees of daily wages to retire
12:11 - 19/06/2019
Information / Baghdad ..
The head of the general pension authority, Ahmed al-Saadi, announced on Wednesday the inclusion of all employees of the daily wages of pension guarantee, pointing out that the decision of the Council of Ministers of the former on all the daily wages to employees in terms of pension rights.
"The decision of the Council of Ministers several months ago to transfer the daily wages to permanent contracts to the owners of the ministries did not allow them to retire all their pension rights," Saadi said in a televised interview.
He added that "the government granted permanent contract employees rights according to the laws, such as the employee on permanent owners, which means that the rights of pensions between daily wages and employees are equal."
Al-Saadi pointed out that "the service for daily wages is calculated according to the law after the government canceled all the funds that the daily wage of pensioners in the past period."
The head of the general pension authority, Ahmed al-Saadi, announced on Wednesday the inclusion of all employees of the daily wages of pension guarantee, pointing out that the decision of the Council of Ministers of the former on all the daily wages to employees in terms of pension rights.
"The decision of the Council of Ministers several months ago to transfer the daily wages to permanent contracts to the owners of the ministries did not allow them to retire all their pension rights," Saadi said in a televised interview.
He added that "the government granted permanent contract employees rights according to the laws, such as the employee on permanent owners, which means that the rights of pensions between daily wages and employees are equal."
Al-Saadi pointed out that "the service for daily wages is calculated according to the law after the government canceled all the funds that the daily wage of pensioners in the past period."
Click on link above for latest update.
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
http://www.dinarguru.com/
6-19-2019 Intel Guru Delta URGENT FROM IRAQI TV: "ANTI CORRUPTION HOSTS CBI GOV AND TAKES ACTION ON THE CURRENCY AUCTION..." IT'S ALL OVER THE NEWS ...THEY GOT SLAP BY SISTANI... SHOW US THE RATE...NOW...
6-18-2019 Intel Guru RayRen98 Iraqi leaders signed documents making "CONFIRMING THE GOVERNMENT WITHIN 2 WEEKS" a priority.
6-18-2019 Intel Guru MarkZ On some topics I am told to be quiet for security reasons...Right now it is difficult to get any news out of Reno...I take that as a positive sign. [Are they just kicking the can again?] I do not think they are kicking the can...its just logistics. I still believe this is our month guys and that we will be done before the 28th... [post 2 of 2]
6-18-2019 Intel Guru MarkZ On some topics I am told to be quiet for security reasons...Right now it is difficult to get any news out of Reno...I take that as a positive sign. [Are they just kicking the can again?] I do not think they are kicking the can...its just logistics. I still believe this is our month guys and that we will be done before the 28th... [post 2 of 2]
6-18-2019 Intel Guru MarkZ We did not see the progress we wanted yesterday. It seems the problems were just logistics with the new Treasury person who took over the rollout on Thursday (Judy Shelton). I also heard they simplified the NDA, and streamlined the exchange process to make it more efficient for us all. My treasury contact was excited and banking contacts feel very positive today. We are hearing from 4 different people they are still trying to push it out today. [post 1 of 2....stay tuned]
6-18-2019 Newshound Guru chattels Article quote: "stabilized at the exchange rate of the US dollar against the Iraqi dinar. The market price in the Kifah Stock Exchange in Baghdad was 1201 dinars per dollar, ie 120 thousand and 100 dinars per hundred dollars."
6-18-2019 Newshound/Intel Guru Mnt Goat It really looks like we are now on a full force to getting the reinstatement completed sometime in June. Really? Could this really happen? With all the news we are now hearing a new timeline CBI target has been identified and it is showing the target by the end of June. Let’s all pray that this is our last timeline ever.
6-18-2019 Intel Guru Frank26 [via Iobey777] PAY ATTENTION to ALL articles from the CBI! right now, the citizens are waiting for the rate to change so they will bring in their 3 zero notes into the bank, their education will continue...The CBI does not have to announce it to us, it could just show up at any time, then the articles to guide the citizens will come out!
6-18-2019 Newshound Guru chattels Article quote: "stabilized at the exchange rate of the US dollar against the Iraqi dinar. The market price in the Kifah Stock Exchange in Baghdad was 1201 dinars per dollar, ie 120 thousand and 100 dinars per hundred dollars."
6-18-2019 Newshound/Intel Guru Mnt Goat It really looks like we are now on a full force to getting the reinstatement completed sometime in June. Really? Could this really happen? With all the news we are now hearing a new timeline CBI target has been identified and it is showing the target by the end of June. Let’s all pray that this is our last timeline ever.
6-18-2019 Intel Guru Frank26 [via Iobey777] PAY ATTENTION to ALL articles from the CBI! right now, the citizens are waiting for the rate to change so they will bring in their 3 zero notes into the bank, their education will continue...The CBI does not have to announce it to us, it could just show up at any time, then the articles to guide the citizens will come out!
6-18-2019 Intel/Newshound Guru sandyf [wonder if they even have filed for article 8 and just waiting approval.] It has nothing to do with approval. For the last 40 years or so the IMF have been actively pushing countries to accept the obligations of Art 8. As far as I am aware there are still about 17 countries under Article 14, Iraq being one of them.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
***************
ARTICLE 1-A (from PM Mahdi's website; posted only on Arabic side, not on English side)
The Cabinet holds its regular session chaired by Prime Minister Adel Abdul Mahdi
The Cabinet held its regular session on Tuesday, June 18, 2019 under the chairmanship of Prime Minister Adel Abdul Mahdi, and discussed many issues including the issue of agencies, standards and criteria for appointment by originality, and decided to hold a special special session for this subject.
The Council passed a number of resolutions, endorsing the recommendations of the Ministerial Council on Energy on the allocation of funds for the purchase of energy and gas. And amend the decision of the Council of Ministers (352 of 2017).
The Council of Ministers approved the formation of a committee headed by the Minister of Planning and the membership of Ministers of Construction, Housing, Industry and Minerals, Governor of Kirkuk, Head of the Financial Supervision Bureau and Chairman of the Supreme Coordinating Committee for the provinces. The Committee will deal with the issue of the Kirkuk Provincial Council for approval of the investment plan for the year 2019.
The Council decided to introduce the Institute of Health Professions and Midwifery in the Shatrah district.
The Council of Ministers approved the increase of the monthly allowance allocated to the holy Abbasid threshold.
The Council approved the minutes of the meeting held on the discussion of the ongoing and stalled projects of the Secretariat of Baghdad, as well as the projects required to be included within the investment plan and regional development plan.
The Council also approved the draft law on the accession of the Republic of Iraq to the Nairobi International Convention for the Removal of Wastes in 2007.
Media Office of the Prime Minister
18 June 2019
***************
ARTICLE 1-B (from PM Mahdi's website; posted only on Arabic side, not on English side)
Statement by the Commander-in-Chief of the Armed Forces
In the name of of Allah the Merciful
Statement by the Commander-in-Chief of the Armed Forces
Over the past period, the country has experienced complex conditions of internal and external wars, the dissolution of the army, the imposition of the occupation of Iraq, the presence of foreign forces, foreign interference, the formation of armed groups or the use of Iraqi territory for armed actions against targets and states and forces outside the will of the Iraqi state. And the occupation of large areas of Iraqi territory, which was confronted by the armed forces of all types of army, police and popular mobilization forces and tribes and Peshmerga and volunteers and the support of the States of the Alliance and friendly and neighboring countries, in addition to that It has a regional and international reality. This reality has produced a lot of manifestations and behaviors and behaviors that are not controlled, and which require today after the process of liberation and great victory achieved on the urging, and after the large indicators that indicate that the state regain the prestige and strength and absolute control over its territory and in achieving independence and sovereignty, to end all the anomalies Illegal and sovereign. We therefore reiterate:
1. Any foreign force shall be prohibited from acting or moving on Iraqi soil without the permission, agreement and control of the Iraqi government.
2. Any State from the Territory or outside it shall be prevented from being present on Iraqi soil and exercising its activities against any other party, whether another neighboring State or any foreign presence inside or outside Iraq without an agreement with the Iraqi Government.
3. The operation of any Iraqi or non-Iraqi armed forces outside the framework of the Iraqi armed forces or outside the command and the supervision of the Commander-in-Chief of the Armed Forces shall be prohibited.
4. Any armed force operating within the framework of the Iraqi armed forces and under the command of the Commander-in-Chief of the Armed Forces shall be prohibited from having movement, operations, stores or industries outside the knowledge, administration and control of the Iraqi armed forces and under the supervision of the Commander-in-Chief.
We know that successful implementation may take some time. Complexities and sensitivities are many and multiple. There are quite a number of violations. However, since we assumed responsibility, we have begun to take positive steps to advance those who are responsible for achieving these trends on the one hand and to overcome some of the negatives and develop new plans for full state control. In order to achieve the above points and perpetuates the battle against terrorism and to promote and achieve the security of Iraq and its people and independence and secure the unity of the country and its full sovereignty in all fields. And God is paid.
Adel Abdul Mahdi
Commander-in-Chief of the Armed Forces
Baghdad, 18/6/2019
*************
ARTICLE 1-C (from PM Mahdi's website;posted only on Arabic side, not on English side)
The Supreme Council for Combating Corruption holds its thirteenth session under the chairmanship of the Prime Minister, Mr. Adel Abdul Mahdi, and the members
The Supreme Council for Combating Corruption held its thirteenth session under the chairmanship of the Prime Minister, Mr. Adel Abdul Mahdi, and the members.
The Council expressed its high appreciation for the directives made by the Supreme Religious Council in the last Friday sermon and for the mobilization and mobilization of the Iraqi reality in all its forms (governmental institutions, parties, political forces, civil society organizations and individuals) to deal with the fight against corruption seriously through effective mechanisms. , And this is what the Supreme Council for Anti-Corruption has identified and made it a platform for its work by combating corruption as systems and not individuals in isolation from these systems.
The Supreme Council for Combating Corruption praised the cooperation of the bodies which the council referred to in a previous statement that should be provided with evidence and data after the media has been talking about some people or institutions with corruption cases, which constitute an input to the supervisory bodies to take their measures.
We affirm the right of the Council to take legal action against those who falsely condemn the charges without providing firm evidence.
The Council hosted the Governor of the Central Bank and listened to a special report on the sale window of foreign currency in terms of reasons, justifications, mechanism of work, monitoring and measures taken and diagnosis of gaps that are an introduction to corruption and ways of closing.
The Council considered a set of topics on its agenda, where it listened to the report of the Bureau of Financial Supervision regarding the handling of the file of feeding in the Ministry of Defense and the progress achieved in this treatment. He also heard the report of the Integrity Commission regarding the subject of auditing the contracts granted for the export of black oil.
He stressed the need to speed up the completion of the files of the state real estate audit and the file of the audit of grants given to the displaced and stand on suspicion of corruption in this file, as well as follow the procedures previously approved with regard to the file against drugs, as well as improving the business environment and investment and investor problems.
Media Office of the Prime Minister
18-June-2019
*************
ARTICLE 2
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 6-18-2019 around 3:15 pm Eastern
PM @AdilAbdAlMahdi: We maintain good relations with countries in the region and around the world; this is important for Iraq’s economic development, attracting investment and the prosperity of our citizens.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 6-18-2019 around 3:15 pm Eastern
PM @AdilAbdAlMahdi: I look forward to welcoming to Baghdad tomorrow HH the Amir of the State of Kuwait, and to holding wide ranging discussions on our bilateral relations and developments in the region.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 6-18-2019 around 3:15 pm Eastern
PM @AdilAbdAlMahdi: Protecting our national security is paramount. I directed our armed forces to continue their relentless pursuit of all those who seek to harm our security and undermine our sovereignty.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 6-18-2019 around 3:15 pm Eastern
PM @AdilAbdAlMahdi: We will shortly present to Parliament a report on what has been achieved over the last six months by this @IraqiGovt. This report, which will be shared with the media, is an important transparency and accountability measure.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 6-18-2019 around 3:15 pm Eastern
PM @AdilAbdAlMahdi holds his weekly press conference in Baghdad, briefs media on the latest domestic and regional developments.
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ARTICLE 3
The House of Representatives issues a clarification on the granting of financial privileges to the members of the Chamber of Deputies
2019/6/18 15:09
[Baghdad-where]
The Presidency of the House of Representatives announced on Tuesday that the implementation of the decisions of the Court on the replacement of deputies does not have any financial impact on the Council.
The media office of the Presidency of the House of Representatives said in a press statement today that it is a reference to what some media and social networking sites reported from the news that the House of Representatives voted to grant members who have been replaced by financial concessions. The Presidency of the House of Representatives would like to clarify the following:
First: The Law of the House of Representatives and its Formations No. (13) for the year 2018 is the force that regulates the legal status of the deputies.
Second: These deputies have been replaced in accordance with Article (52) of the Constitution, the Federal Supreme Court in numbered judgments (2014/2018, 2013/2018 and 2017/2018 and its unification 15/2019). Therefore, Only those provisions, and here we would like to emphasize that the implementation of the decisions of the Court does not have any financial impact on the Council.
Third: There are no retirement privileges for the members of the House of Representatives in the current electoral cycle or previous sessions, including the President of the Council and his deputies, and the unified retirement law is the one that regulates the mechanisms of retirement and is subject to all the employees of the State; in implementation of the ruling of the Federal Supreme Court number 140 and its unit 140/2018 ) Issued on 23/12/2018.
For his part, denied the President of the House of Representatives Mohammed Halbusi, the payment of salaries and privileges of deputies who were replaced by decisions of the Federal Court.
"There are no salaries and privileges for deputies who have been replaced by the decisions of the Federal Court, and we confirm that the implementation of the court decision does not have any financial impact on the Council."
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ARTICLE 4
President of the Republic stresses during his meeting with Putin's envoy the adoption of positive dialogue to resolve the crises in the region
2019/6/18 15:45
[Baghdad-where]
The President of the Republic Dr. Barham Saleh stressed the importance of developing relations between Iraq and Russia and upgrading them to serve the common interests.
The Russian president's special envoy to Syria, Alexander Lavrentyev, and the delegation accompanying him, stressed the need to strengthen ties of friendship and expand cooperation between the two countries in the political and economic fields to serve the interests of the two friendly peoples. And its support for Iraq.
The President stressed the end of the suffering of the Syrian people and enable them to a political solution based on confronting terrorism and respecting their will in a free and dignified life.
In turn, Lavrentyev conveyed the greetings of Russian President Vladimir Putin to the President of the Republic, reiterated his country's support for the Iraqi people and their desire to develop friendly relations with him.
During the meeting, they discussed the latest developments in the region and stressed the need to adopt a positive and frank dialogue among all parties to resolve crises in a manner that ensures their stability and prosperity and fulfills the aspirations of their peoples.
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