WOTS Wednesday 6/26/19
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | 1181.2000 | 1181.2000 | 1181.2000 | 03:51 | |||
| USD/VND | 23290.0000 | 23261.0500 | 23272.6000 | 12:12 | |||
| USD/CNY | 6.8908 | 6.8725 | 6.8787 | 04:13 | |||
| USD/KWD | 0.3026 | 0.3023 | 0.3024 | 04:07 | |||
| GBP/USD | 1.2698 | 1.2663 | 1.2689 | 04:13 | |||
| USD/IRR | 42000.0000 | 42000.0000 | 42000.0000 | 00:00 | |||
| USD/IDR | 14201.0000 | 14105.0000 | 14201.0000 | 04:13 |
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DC NY Iraq Articles:dd
Halabousi to Assistant Secretary of State: Iraq has a leading role in reducing tensions in the region
Editorial date: 2019/6/26 11:27 • 90 times scheduled
(Baghdad: al-Furat News) Speaker of Parliament, Mohamed Halboussi, on Wednesday, that Iraq is a leading role in reducing tension and escalation in the region, while pointing to Iraq's quest to establish balanced relations with the Arab, regional and international environment.
"The Speaker of the House of Representatives Mohammed Al Halbusi received today, Deputy Assistant Secretary of State for Iraq Affairs and Iran Andrew Beck, accompanied by US Ambassador to Baghdad Matthew Toller," the Information Office of Halaboussi said in a statement received by Al-Furat News.
The meeting discussed the political developments in the country, the success of the Council of Representatives to complete the cabinet cabin and vote on it, and discussed the political situation in the region, stressing the independence of Iraq and its integrity, territorial integrity and its leading role in the region to reduce tension and escalation and establish balanced relations with its Arab environment. Regional and international, appreciating the role of the International Coalition in Iraq and its support for the Iraqi security forces. "
"The meeting also discussed the importance of activating investment and economic cooperation between the two countries in various fields, including energy and electricity, which contributes to the provision of services and job opportunities for citizens."
For his part, Assistant Undersecretary of the US Secretary of State stressed his country's keenness to "support Iraq and its independence to be a safe and able to fulfill its responsibilities towards its people," expressing full readiness to "increase cooperation in all economic, development and security."
The meeting discussed the political developments in the country, the success of the Council of Representatives to complete the cabinet cabin and vote on it, and discussed the political situation in the region, stressing the independence of Iraq and its integrity, territorial integrity and its leading role in the region to reduce tension and escalation and establish balanced relations with its Arab environment. Regional and international, appreciating the role of the International Coalition in Iraq and its support for the Iraqi security forces. "
"The meeting also discussed the importance of activating investment and economic cooperation between the two countries in various fields, including energy and electricity, which contributes to the provision of services and job opportunities for citizens."
For his part, Assistant Undersecretary of the US Secretary of State stressed his country's keenness to "support Iraq and its independence to be a safe and able to fulfill its responsibilities towards its people," expressing full readiness to "increase cooperation in all economic, development and security."
The session of the completion of the interrogation of the governor of Dhi Qar Yahya al-Naciri
Editorial date: 2019/6/26 12:02 • 56 times read
(Baghdad: Al Furat News) The Council of the province of Dhi Qar, on Wednesday, the meeting to complete the process of questioning the governor Yahya Naciri.
A source in the Council told the {Euphrates News} that "the Council of the province of Dhi Qar began its own session to complete the process of questioning the governor Yahya Naciri in the presence of 26 members."
The Council of the province of Dhi Qar held, on Monday, the tenth of June, the first session to question Naciri in absentia and postponed consideration of the request to sack him.
The Council of the province of Dhi Qar held, on Monday, the tenth of June, the first session to question Naciri in absentia and postponed consideration of the request to sack him.
Economic expert for "The Covenant News": Iraq has not invested any diplomatic relationship to improve its economy
26/06/2019 12:18 PM | Number of readings:
Al-Ahed News - Baghdad
Economic expert Salam Samisem stressed the need for Iraq to invest its diplomatic relations to improve its economy.
"If Iraq remains dependent on oil exports only, and if it continues with this economic vision, its economic reality will continue to be bad," Smeisem told The New York Times on Wednesday.
"Iraq depends on 97 percent of its imports by financing the budget on oil, and this is a great danger if the region experienced any crisis."
"Iraq has not invested its diplomatic relations in improving its economy," she said
Deputy: Baghdad committed to the province, which did not deliver one liter to Sumo
26-06-2019 09:36 AM
Baghdad
The head of the Committee on Oil and Gas Representative Hibt Halbusi, on Wednesday, that the Baghdad government has committed to the Kurdistan Regional Government to send the budget amounts, noting that the region in return did not send one liter to the company Sumo.
Al-Halbusi said in a press statement that "the agreement between Baghdad and the region spent 250 thousand barrels to be sent from Baghdad to the province within the budget in 2019 to hand over the amounts resulting from Baghdad to the region."
He added that "Baghdad has committed to send funds to the region, while the latter did not abide by the agreement and did not deliver one liter to the company Sumo on the sale of Iraqi oil," noting that "the dispute between the government and the region is a former and not born today."
He said Halaboussi: "We in the oil committee addressed us the oil minister and told us official books that the region did not deliver oil to Sumo and was hosted in our committee within the parliament to discuss the subject and its implications
Iraqi president in Britain to promote bilateral relations
Saleh's three-day visit during which he will meet the Queen
Wednesday, 26 June 2019 AD Issue Number [14820]
British Prime Minister Teresa Mae met with Iraqi President Barham Salih at the Prime Minister's Office in London yesterday (EPA)
London: Middle East
Iraqi President Barham Salih began a three-day visit to Britain yesterday, headed by a high-ranking delegation including Foreign Minister Mohammad Ali al-Hakim and Health Minister Alaa al-Din al-Alwan.
The visit, according to a report released by the British government's Center for Media and Communication, the Dubai-based group, includes high-level meetings with British officials. Including Prime Minister Teresa Mae, Foreign Minister Jeremy Hunt, Defense Secretary Benny Mordon, International Trade Minister Liam Fox and International Development Secretary Rory Stewart, as well as a meeting with Queen Elizabeth II.
The visit, which also includes a dinner hosted by Britain's trade and development ministers, is aimed at strengthening bilateral relations on both the political and commercial levels, and reaffirming their determination to continue working together to promote efforts to develop the Iraqi economy and stabilize Iraq. In the whole region, especially through work to ensure a permanent defeat of the «preacher».
"I am very happy with this visit. It comes at a time when Iraq has made a lot of encouraging progress with regard to stabilization efforts, especially work on security and combating corruption," said Alison King, a spokeswoman for the British government in the Middle East and North Africa. , And it affirms Britain's continued and sustained commitment to its partnership with Iraq and to continue to support its efforts to achieve the stability and prosperity that Iraqis deserve. " "The importance that Britain attaches to its relations with Iraq is clearly evident through the intensive level of meetings that the Iraqi president will be conducting during his visit this week, especially the meeting with His Majesty Queen Elizabeth on Thursday," she said.
Barham Salih's visit also includes a visit to the parliament, during which he will hold talks and meetings with the speaker and a number of its members, including a speech by the Iraqi president at the Chatham House Research Center and a meeting of the Iraqi-British Business Council with a dinner. On the sidelines of the visit is also an oil and gas conference, which will be attended by Iraqi Oil Minister Thamer Ghadhban and Foreign Minister Mohammad Ali al-Hakim.
Barham Saleh's visit comes after British Trade Minister Liam Fox visited Iraq last April, during which he announced the lifting of the sum of $ 2 billion to provide guarantees to support British exports to Iraq. Of great opportunities for British companies in different fields.
The visit, according to a report released by the British government's Center for Media and Communication, the Dubai-based group, includes high-level meetings with British officials. Including Prime Minister Teresa Mae, Foreign Minister Jeremy Hunt, Defense Secretary Benny Mordon, International Trade Minister Liam Fox and International Development Secretary Rory Stewart, as well as a meeting with Queen Elizabeth II.
The visit, which also includes a dinner hosted by Britain's trade and development ministers, is aimed at strengthening bilateral relations on both the political and commercial levels, and reaffirming their determination to continue working together to promote efforts to develop the Iraqi economy and stabilize Iraq. In the whole region, especially through work to ensure a permanent defeat of the «preacher».
"I am very happy with this visit. It comes at a time when Iraq has made a lot of encouraging progress with regard to stabilization efforts, especially work on security and combating corruption," said Alison King, a spokeswoman for the British government in the Middle East and North Africa. , And it affirms Britain's continued and sustained commitment to its partnership with Iraq and to continue to support its efforts to achieve the stability and prosperity that Iraqis deserve. " "The importance that Britain attaches to its relations with Iraq is clearly evident through the intensive level of meetings that the Iraqi president will be conducting during his visit this week, especially the meeting with His Majesty Queen Elizabeth on Thursday," she said.
Barham Salih's visit also includes a visit to the parliament, during which he will hold talks and meetings with the speaker and a number of its members, including a speech by the Iraqi president at the Chatham House Research Center and a meeting of the Iraqi-British Business Council with a dinner. On the sidelines of the visit is also an oil and gas conference, which will be attended by Iraqi Oil Minister Thamer Ghadhban and Foreign Minister Mohammad Ali al-Hakim.
Barham Saleh's visit comes after British Trade Minister Liam Fox visited Iraq last April, during which he announced the lifting of the sum of $ 2 billion to provide guarantees to support British exports to Iraq. Of great opportunities for British companies in different fields.
Iraq to discuss with the United Nations the trial of prisoners of the Islamic state detained in Syria
26/06/2019 Reuters Staff
Iraq has sentenced at least three of them to death.
BAGHDAD (Reuters) - Iraq is in talks with the United Nations over whether it can prosecute foreign Islamic state fighters currently held in Syria and have not committed crimes in Iraq, Iraqi Prime Minister Adel Abdul Mahdi said on Tuesday.
Iraqi Prime Minister Adel Abdul Mahdi - Reuters Photo
Asked if Iraq would consider their trial, Abdul-Mahdi told reporters at his weekly press conference that his government was considering the idea and offered some of its findings to the United Nations.
"So far we are not prosecuting foreigners who have not cooked in Iraq," he said.
Detention camps in northeastern Syria, controlled by Syria's democratic forces, are packed with thousands of men, women and children from more than 50 countries.
The group includes at least 2,000 suspected foreign fighters, many from Western countries, whose fate remains uncertain amid a protracted diplomatic process.
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Iraq has shown willingness to try them in talks with allies in the United States and Europe.
Iraq is prosecuting thousands of suspected members of the Islamic state, including hundreds of foreign men, women and children who were detained as the organization's strongholds collapsed.
In recent weeks, Iraqi courts have sentenced 11 French nationals to death after being found guilty of belonging to the organization.
All convicted French nationals were handed over to Iraq in February, and military sources said at the time that 14 French nationals were among the 280 Iraqi and foreign detainees handed over by the US-backed Syrian Democratic forces.
"We are trying to prosecute individuals who have fought in Iraq and committed crimes in Iraq," Abdul Mahdi said on Tuesday.
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But Reuters reported exclusively last month that US forces had secretly sent at least 30 foreign fighters arrested in Syria since 2017 to be tried in Baghdad, although they had never set foot in Iraq.
Iraq has sentenced at least three of them to death.
BAGHDAD (Reuters) - Iraq is in talks with the United Nations over whether it can prosecute foreign Islamic state fighters currently held in Syria and have not committed crimes in Iraq, Iraqi Prime Minister Adel Abdul Mahdi said on Tuesday.
Iraqi Prime Minister Adel Abdul Mahdi - Reuters Photo
Asked if Iraq would consider their trial, Abdul-Mahdi told reporters at his weekly press conference that his government was considering the idea and offered some of its findings to the United Nations.
"So far we are not prosecuting foreigners who have not cooked in Iraq," he said.
Detention camps in northeastern Syria, controlled by Syria's democratic forces, are packed with thousands of men, women and children from more than 50 countries.
The group includes at least 2,000 suspected foreign fighters, many from Western countries, whose fate remains uncertain amid a protracted diplomatic process.
Advertising
Iraq has shown willingness to try them in talks with allies in the United States and Europe.
Iraq is prosecuting thousands of suspected members of the Islamic state, including hundreds of foreign men, women and children who were detained as the organization's strongholds collapsed.
In recent weeks, Iraqi courts have sentenced 11 French nationals to death after being found guilty of belonging to the organization.
All convicted French nationals were handed over to Iraq in February, and military sources said at the time that 14 French nationals were among the 280 Iraqi and foreign detainees handed over by the US-backed Syrian Democratic forces.
"We are trying to prosecute individuals who have fought in Iraq and committed crimes in Iraq," Abdul Mahdi said on Tuesday.
Advertising
But Reuters reported exclusively last month that US forces had secretly sent at least 30 foreign fighters arrested in Syria since 2017 to be tried in Baghdad, although they had never set foot in Iraq.
Kauaihn Iraq Articles:ddd
Leading the reform is a delegation to meet Mr. Hakim to continue his role as head of the alliance
Editorial date: 2019/6/25 23:23 • 629 times read
(Baghdad: Al-Furat News) The leadership of the Alliance for Reform and Reconstruction announced the formation of a delegation to meet with Mr. Ammar al-Hakim to continue his role as head of the coalition.
This came during a meeting held by the Commission on Tuesday evening, at the headquarters of Osama Abdul Aziz Nujaifi.
"The meeting discussed the withdrawal of Mr. Ammar al-Hakim from the presidency of the coalition, and the position of the government in the light of the assessment that will be prepared for its work during the past months, and discussed the options of the new vision of the work and prospects for development" .
"After serious discussions characterized by the real desire to be in harmony with the essence of what the parties agreed to the problem of the alliance all, the meeting agreed to form a delegation of leaders to visit Mr. Ammar al-Hakim to continue his role as the head of the coalition, and task the political body of the coalition to carry out an assessment of the work of the government, In this area "
"The meeting discussed the withdrawal of Mr. Ammar al-Hakim from the presidency of the coalition, and the position of the government in the light of the assessment that will be prepared for its work during the past months, and discussed the options of the new vision of the work and prospects for development" .
"After serious discussions characterized by the real desire to be in harmony with the essence of what the parties agreed to the problem of the alliance all, the meeting agreed to form a delegation of leaders to visit Mr. Ammar al-Hakim to continue his role as the head of the coalition, and task the political body of the coalition to carry out an assessment of the work of the government, In this area "
Saleh: We reject our territory as the scene of any hostile action against Iran or others
Release date: 2019/6/26 8:40 • 165 times read
"Iraq does not want to be the scene of any hostile action against any of the surrounding countries, including Iran," said President Barham Salih. "The war is easy to start, but it is very difficult to end it."
President Saleh in an interview with CNN, and in response to a question on the statements of his US counterpart Donald Trump and his desire to keep a US base in Iraq because he wants to control Iran, "then we issued a statement clearly in the Iraqi government that US forces and coalition forces in Iraq are at the invitation of the government Iraq for the exclusive purpose of fighting is urging and do not want our territory to be the scene of any hostile action against any of our neighbors, including Iran, and this is certainly not part of the agreement between the Iraqi government and the United States.
"Saddam Hussein was a unique dictator who committed ethnic cleansing and engaged in hostile acts across the region and posed a direct threat to his people and his generation." The Iraqis were eager for real change, for the dynamics within Iran belong to the Iranian people.
"For 2003 and Saddam Hussein, I think it was a special case in history, but similar things are as follows: It is easy to start a war, but it is very difficult to end the war," he said.
"Saddam Hussein was a unique dictator who committed ethnic cleansing and engaged in hostile acts across the region and posed a direct threat to his people and his generation." The Iraqis were eager for real change, for the dynamics within Iran belong to the Iranian people.
"For 2003 and Saddam Hussein, I think it was a special case in history, but similar things are as follows: It is easy to start a war, but it is very difficult to end the war," he said.
New referendum in Kurdistan on the constitution of the region
The Kurdish Democratic Party, led by Massoud Barzani, revealed the Kurdistan region's readiness to hold a "new referendum" to vote on the constitution of the region. Party member Repin Salam, said that «a priority of the Kurdistan Regional Parliament, at the current session, the legislation of a permanent constitution for the region, and submitted to the referendum». He pointed out that «the absence of a constitution for the region made a lot of laws are subject to disagreement and overlap, between institutions and parties operating in the region».
He added that «the preparation of a draft permanent constitution for the territory, rests with the Legal Committee in the Parliament of the Kurdistan region, to be followed by a referendum of the citizens of Kurdistan, who decide to approve it or not, for the purpose of organizing the work of institutions and the government of the Territory, and not overlap between powers, In the last session, and previous sessions ».
Iraqi House Speaker Mohammad Halbousi received US Assistant Secretary of State for Near East Affairs David Schenker, accompanied by US Ambassador to Baghdad Matthew Toler.
26/06/2019
The meeting discussed the political developments in the country and the success of the Iraqi parliament to complete and vote on the cabinet cabin. He also discussed the political situation in the region, stressing Iraq's independence and integrity, territorial integrity and its leading role in the region to reduce tension and escalation and establish balanced relations with its Arab, regional and international environment. The role of the international coalition in Iraq and its support for the Iraqi security forces.
The meeting also discussed the importance of activating investment and economic cooperation between the two countries in various fields including energy and electricity, which contributes to providing services and securing job opportunities for citizens.
For his part, Assistant US Secretary of State stressed his country's keenness to support Iraq and its independence to be a safe and able country to fulfill its responsibilities towards its people, expressing full readiness to increase cooperation in all economic, development and security fields.
A statement from the governor of Najaf calls for Erbil to submit an official apology for the abuse of the province
26/06/2019
Najaf Governor Louay al-Yasiri on Tuesday called on the local government in Erbil to apologize for the abuse of the province.
In a statement, al-Yasiri denounced the "racist sectarian chants that emerged from some of Erbil's fans in the match that brought together their team with the Najaf team and we, as the local government of Najaf province, categorically reject those slogans that have nothing to do with sportsmanship."
He added that "Najaf is not a city worthy of the description of the abuser described by some of the masses because Najaf Al-Ashraf has long been and remains a bastion of sectarianism and racism and the city of peace and peace and peaceful coexistence, including all the meanings of rapprochement between all communities and religions."
"We call on the local government in Erbil to make an official apology for the abuse of our city," al-Yasiri said. "The Iraqi Central Football Association intervened in the case of insulting our holy city Najaf and imposing administrative sanctions within the regulations and regulations of the disciplinary committee against this abuse."
He pointed out that "the province of Najaf will remain with its references and bones and elders and their parents and dear people a source of love and brotherhood and a title for community peace."
In a statement, al-Yasiri denounced the "racist sectarian chants that emerged from some of Erbil's fans in the match that brought together their team with the Najaf team and we, as the local government of Najaf province, categorically reject those slogans that have nothing to do with sportsmanship."
He added that "Najaf is not a city worthy of the description of the abuser described by some of the masses because Najaf Al-Ashraf has long been and remains a bastion of sectarianism and racism and the city of peace and peace and peaceful coexistence, including all the meanings of rapprochement between all communities and religions."
"We call on the local government in Erbil to make an official apology for the abuse of our city," al-Yasiri said. "The Iraqi Central Football Association intervened in the case of insulting our holy city Najaf and imposing administrative sanctions within the regulations and regulations of the disciplinary committee against this abuse."
He pointed out that "the province of Najaf will remain with its references and bones and elders and their parents and dear people a source of love and brotherhood and a title for community peace."
Kauaihn Economic Times:
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US considers 5G Equipment to be made outside China: Report
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Don't expect debt relief, United States warns Africa
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California Gov. Gavin Newsom warns Big Tech could be "steamrolled" by regulation
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Art Cashin joins Wall Street camp leaning toward a half-percent July rate cut
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A French supermarket is retreating from China to focus on its coming battle with Amazon
French retail giant Carrefour is pulling back from China as competition looms with e-commerce giant Amazon back home. Yesterday (June 23), Carrefour announced it will sell an 80% stake of its China business for 4.8 billion yuan ($698 million) of its China business to Suning.com, the largest Chinese retailer by sales volume. The French retailer will...
Read in Quartz: https://apple.news/
High-tech systems will not stop hard Irish border after Brexit, warns former shadow secretary Owen Smith
Proposed technological solutions to avoid a hard Irish border after Brexit will not succeed in the absence of consent from populations in both the Republic and the North, a former shadow Northern Ireland secretary has warned.
Read in The Independent: https://apple.news/
He says he wants no deal, but he’ll just give us May’s deal repackaged instead. Welcome to Boris’s ‘vassal state’
Wouldn’t it be funny if, after months of trauma, Boris Johnson or Jeremy Hunt just ended up resuscitating Theresa May’s Brexit deal? I mean, yes, it’s a national tragedy, but it has a certain irony attached to it.
Read in The Independent: https://apple.news/
Tory MPs will topple Boris Johnson government if he pursues no-deal Brexit, minister says
A dozen Tory MPs could vote to topple a Boris Johnson government if the frontrunner in the leadership contest pushes for a no-deal Brexit, a defence minister has warned.
Read in The Independent: https://apple.news/ALI2-UnI-
No evidence Russia influenced Brexit via Facebook, says Clegg
There is "absolutely no evidence" that outside forces such as Russia used Facebook to target users and influence Britain's vote to leave the European Union, the world's biggest social network said on Monday.
Read in Reuters: https://apple.news/
ECONOMIC TIMES / CHATTER
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Remote jobs are exploding, and the salaries can top $100,000
You may be able to work remotely, even in fields such as real estate, insurance and marketing.
Read in CNBC: https://apple.news/
10 Things to Know for Today
Among 10 Things to Know: White House threatens to veto aid bill for migrant families; Iran calls new US sanctions 'outrageous and idiotic'; Police release more than 1,000 files from Jussie Smollett probe
Read in ABC News: https://apple.news/AfTK_
Gold Breaks New $1,400 Ground at Near 6-Year Highs
Commodities Jun 24, 2019 20:05 GMT Investing.com - Gold bulls are showing no slowing in their appetite for $1,400 pricing and beyond. Bubbling tensions in the Middle East and bets that the U.S. Federal Reserve was on course to its first rate cut in more than a decade continued to pull investors toward gold like a magnet on Monday. Spot gold, reflective of trades in bullion, traded at $1,419.28 per ounce by 3:49 PM ET (19:49 GMT), up 19.85, or 1.4%, on the day. Bullion earlier peaked at $1,420.26
Read in Investing.com: https://apple.news/
Gold resumes rally, pushing further past $1,400
Gold prices resumed a push higher on Monday, as flows into the precious metal continued on improved prospects for easier monetary policy from the Federal Reserve and other central banks
Read in MarketWatch: https://apple.news/AtFfw0vs-
PRECIOUS-Gold rises above $1,400 on cenbank stimulus hopes, U.S.-Iran tensions
* SPDR posts best one-day pct gain in nearly 11 years
Read in Reuters: https://apple.news/AVgr-
Oil Prices Rise Amid U.S.-Iran Tension
Commodities Jun 24, 2019 03:15 GMT Investing.com - Oil prices gained on Monday in Asia as Middle East tension simmered. U.S. Crude Oil WTI Futures traded 0.6% higher to $57.80 by 11:15 PM ET (03:15 GMT). International Brent Oil Futures gained 0.3% to $64.67. U.S. President Donald Trump said over the weekend that the U.S. will impose “major additional sanctions” against Iran this week after Tehran’s Islamic Revolutionary Guard Corps said it shot down the U.S. RQ-4A Global Hawk surveillance drone.
Read in Investing.com: https://apple.news/
Oil market is 'very concerned' about trade uncertainty, analyst says
David Hewitt, oil and gas analyst at Macquarie, discusses the oil market in the wake of U.S.-Iran tensions.
Read in CNBC: https://apple.news/
Cross River Bank acquires small business banking company Seed
Cross River Bank, a communitybank that powers some of the most well known financialtechnology startups in the United States, said on Monday that ithad acquired small business banking company Seed.
Read in Reuters: https://apple.news/
Opinion: The Federal Reserve is about to create a lot more zombies
Corporate zombies, that is. Kept alive by easy-money policies, companies that should have gone out of business keep staggering around.
Read in MarketWatch: https://apple.news/
Central banks haven't got much ammunition, strategist says
Richard Champion, deputy CIO of Canaccord Genuity Wealth Management, discusses central banking and the global economy.
Read in CNBC: https://apple.news/
Financial Services Provides Plenty of Jobs - from Coast to Coast: Opinion
There were 755,436 people working in financial activities in the New York metropolitan area last year, more than twice as many as in the next-biggest area for such jobs, metro Los Angeles. But this amounted to just 8% of New York-area jobs. There are other metropolitan areas where finance makes up a much larger share of employment than that. What the location quotient numbers in the above chart mean, basically, is that in Bloomington, you’re almost four times as likely to encounter people who
Read in Insurance Journal: https://apple.news/
The Best Bank for Frequent Travelers Has No ATM or Foreign Transaction Fees
If you're not careful these these extra costs can really add up.
Read in Money: https://apple.news/
BIS Wants 'Level Playing Field' for Banks Amid Threat From Firms Like Facebook
The Bank for International Settlements has expressed concerns over the expected disruption as big tech firms like Facebook enter the financial space.
Read in CoinDesk: https://apple.news/
Expecting Deutsche Bank to fail stress tests, analyst says
Gildas Surry, senior analyst and portfolio manager at Axiom Alternative Investments, says Deutsche Bank will unlikely pass stress tests on Friday.
Read in CNBC: https://apple.news/AdAl-
The bond bubble is back and bigger than ever before - MoneyWeek
Many developed-world sovereign bonds now carry negative yields – investors are paying for the privilege of lending governments money. John Stepek explains what’s going on.
Read in MoneyWeek: https://apple.news/AqGf9jn_
The M&A market has some legs to it, says Lincoln International CEO
Lincoln International of the Americas CEO Robert Brown joins "Squawk Box" to discuss the M&A landscape this quarter.
Read in CNBC: https://apple.news/
The market may have it wrong that major interest-rate cuts are coming
Is now the time to be reverting back to maximum monetary support?
Read in CNBC: https://apple.news/
Gold Breaks New $1,400 Ground at Near 6-Year Highs
Commodities Jun 24, 2019 20:05 GMT Investing.com - Gold bulls are showing no slowing in their appetite for $1,400 pricing and beyond. Bubbling tensions in the Middle East and bets that the U.S. Federal Reserve was on course to its first rate cut in more than a decade continued to pull investors toward gold like a magnet on Monday. Spot gold, reflective of trades in bullion, traded at $1,419.28 per ounce by 3:49 PM ET (19:49 GMT), up 19.85, or 1.4%, on the day. Bullion earlier peaked at $1,420.26
Read in Investing.com: https://apple.news/
Bitcoin: Could 100K Be New 10K?
Bitcoin's new bull run isn't about touching the all-time high of $20,000, it is a lot more than that.
Read in Forbes: https://apple.news/
Why Bitcoin Excels Over Gold as a Store of Value - Bitcoinist.com
There is no doubting the king of crypto has been on a roll over the past few weeks. This month alone Bitcoin has surged 26% from mid $8000 to over $10,000. With political and economic tensions rising, BTC has often been compared to gold as a store of value but, which one is superior? The weekend has been nothing short of monumental for Bitcoin. Yesterday BTC hit a new 2019 and 15 month high of $11,250 as it’s market cap touched $200 billion. Since then top crypto asset has cooled off a little.
Read in Bitcoinist.net: https://apple.news/
Why Bitcoin Excels Over Gold as a Store of Value - Bitcoinist.com
There is no doubting the king of crypto has been on a roll over the past few weeks. This month alone Bitcoin has surged 26% from mid $8000 to over $10,000. With political and economic tensions rising, BTC has often been compared to gold as a store of value but, which one is superior? The weekend has been nothing short of monumental for Bitcoin. Yesterday BTC hit a new 2019 and 15 month high of $11,250 as it’s market cap touched $200 billion. Since then top crypto asset has cooled off a little.
Read in Bitcoinist.net: https://apple.news/
Ripple's CEO Just Made A Sudden 'Turnaround' On Bitcoin
Rival supporters of bitcoin and Ripple, the company behind the XRP cryptocurrency, have often not seen eye to eye with accusations thrown from both sides of out-dated technology and centralized control..
Read in Forbes: https://apple.news/AO_
Small Crypto Exchanges For A Healthy Digital Economy - Bitcoinist.com
The cryptocurrency market has rapidly grown to become a disruptive alternative to the fiat currency market. In a relatively short span of 10 years, this space has seen quite a handsome appreciation in value. But with that said, the digital asset also attracted centralized manipulation practices of the highest order. Things move fast when it comes to technology, and the decade-old cryptocurrency market is no exception. Unfortunately, the trajectory, in this case, is unhealthy and not by any means
Read in Bitcoinist.net: https://apple.news/
Bitcoin Kicks Off The Week Near the $11,000 Mark
Bitcoin kicks off the week near $11,000 on Monday amid what appears to be a sustained recovery for the cryptocurrency. Bitcoin kicked off the week handily above $10,000 on Monday amid what appears to be a sustained recovery for the cryptocurrency. The digital coin traded around $10,914 as of early Monday morning, down from topping $11,000 over the weekend but still solidly above its lows of $3,000 hit at the start of the year. Bitcoin has quietly been staging a recovery this year amid
Read in TheStreet: https://apple.news/
Forex - U.S. Dollar Struggles as Dallas Manufacturing Data Disappoints
Forex Jun 24, 2019 14:45 GMT Investing.com - The U.S. dollar was near three-month lows on Monday after disappointing regional data and rising tensions between Iran and the U.S. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.1% to 95.59 by 10:45 AM ET (14:45 GMT). The Dallas Fed manufacturing activity index for June came in weaker than expected at -12.1 compared to estimates for -1.0. The data confirm declining activity across
Read in Investing.com: https://apple.news/
Forex - Euro Hits 3-Month Highs vs. Dollar on Fed Rate Cut View
Forex Jun 24, 2019 07:14 GMT Investing.com - The euro rose to its highest level in three months against the U.S. dollar on Monday as the greenback remained on the back foot amid expectations for the Federal Reserve to cuts interest rates later this year. The euro built on gains from last week, when it added 1.4%, and rose to 1.1387 overnight, its highest since March 22. It was trading at 1.1379 by 03:12 AM ET (07:12 GMT). The U.S. dollar index versus a basket of six major currencies was a shade
Read in Investing.com: https://apple.news/
Pound euro exchange rate: GBP fluctuates as EU delays disciplinary action against Italy
THE pound has edged slightly lower against the euro this morning, with the pairing currently trading around €1.118. The euro derived a little support on Monday as the German IFO current assessment rose to a higher-than-forecast 100.8 in June. Added to this, the IFO business climate index slipped to 97.4 rather than falling to 97.2 as expected. However, IFO expectations slumped to a four-month low of 94.2, limiting euro gains. However, the euro was also able to benefit from reports suggesting
Read in Express: https://apple.news/
Pound to euro exchange rate: Sterling ‘confined’ by UK politics - will Britons lose out?
THE POUND is unlikely to enjoy a boost against the euro as the start of the trading week opens. Currency experts have warned GBP will be “confined” by the UK political developments, therefore stalling the pound to euro exchange rate. The pound is being “confined” by UK political chaos in both Brexit and the Conservative party leadership contest, meaning UK travellers are suffering in the pound to euro exchange rate. Those travelling to Eurozone countries in the coming days will not take heart
Read in Express: https://apple.news/
Turkish currency buoyed by Istanbul election result
ISTANBUL (AP) - Turkey's lira currency has opened higher against the U.S. dollar after a repeat election for mayor in Istanbul ended months of uncertainty with a landmark opposition win in the country's largest city. The dollar traded at 5.717 lira Monday, up nearly 2%, hours after opposition candidate Ekrem Imamoglu swept to victory in Istanbul, defeating a candidate backed by President Recep Tayyip Erdogan and marking the first major change in the city's administration for 25 years. Tens of
Read in Business Insider: https://apple.news/
Currencies move at same rate as trade tariffs, HSBC strategist says
David Bloom, global head of FX strategy at HSBC, outlines the impact of Trump's import tariffs on the U.S. dollar.
Read in CNBC: https://apple.news/
GLOBAL/NEWS/INFO
Remote jobs are exploding, and the salaries can top $100,000
You may be able to work remotely, even in fields such as real estate, insurance and marketing.
Read in CNBC: https://apple.news/
10 Things to Know for Today
Among 10 Things to Know: White House threatens to veto aid bill for migrant families; Iran calls new US sanctions 'outrageous and idiotic'; Police release more than 1,000 files from Jussie Smollett probe
Read in ABC News: https://apple.news/AfTK_
OIL/COMMODITIES/ENERGY
Gold Breaks New $1,400 Ground at Near 6-Year Highs
Commodities Jun 24, 2019 20:05 GMT Investing.com - Gold bulls are showing no slowing in their appetite for $1,400 pricing and beyond. Bubbling tensions in the Middle East and bets that the U.S. Federal Reserve was on course to its first rate cut in more than a decade continued to pull investors toward gold like a magnet on Monday. Spot gold, reflective of trades in bullion, traded at $1,419.28 per ounce by 3:49 PM ET (19:49 GMT), up 19.85, or 1.4%, on the day. Bullion earlier peaked at $1,420.26
Read in Investing.com: https://apple.news/
Gold resumes rally, pushing further past $1,400
Gold prices resumed a push higher on Monday, as flows into the precious metal continued on improved prospects for easier monetary policy from the Federal Reserve and other central banks
Read in MarketWatch: https://apple.news/AtFfw0vs-
PRECIOUS-Gold rises above $1,400 on cenbank stimulus hopes, U.S.-Iran tensions
* SPDR posts best one-day pct gain in nearly 11 years
Read in Reuters: https://apple.news/AVgr-
Gold Prices Up as U.S.-Iran Conflict Fuels Safe-Haven Demand, Trades Above $1,400
Commodities Jun 24, 2019 05:06 GMT Investing.com - Gold prices rose on Monday in Asia and traded above the key $1,400 level amid intensifying conflicts between the U.S. and Iran. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.5% at $1,406.55per ounce by 12:38 AM ET (04:38 GMT). Prices of the yellow metal gained today as conflict in the Middle East reached new heights. Late last week, Iran shot down an American surveillance drone and
Read in Investing.com: https://apple.news/
Commodities Jun 24, 2019 05:06 GMT Investing.com - Gold prices rose on Monday in Asia and traded above the key $1,400 level amid intensifying conflicts between the U.S. and Iran. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange, were up 0.5% at $1,406.55per ounce by 12:38 AM ET (04:38 GMT). Prices of the yellow metal gained today as conflict in the Middle East reached new heights. Late last week, Iran shot down an American surveillance drone and
Read in Investing.com: https://apple.news/
Oil Prices Rise Amid U.S.-Iran Tension
Commodities Jun 24, 2019 03:15 GMT Investing.com - Oil prices gained on Monday in Asia as Middle East tension simmered. U.S. Crude Oil WTI Futures traded 0.6% higher to $57.80 by 11:15 PM ET (03:15 GMT). International Brent Oil Futures gained 0.3% to $64.67. U.S. President Donald Trump said over the weekend that the U.S. will impose “major additional sanctions” against Iran this week after Tehran’s Islamic Revolutionary Guard Corps said it shot down the U.S. RQ-4A Global Hawk surveillance drone.
Read in Investing.com: https://apple.news/
Oil market is 'very concerned' about trade uncertainty, analyst says
David Hewitt, oil and gas analyst at Macquarie, discusses the oil market in the wake of U.S.-Iran tensions.
Read in CNBC: https://apple.news/
oil Dips as Russia Withholds Immediate Support for OPEC+ Cuts
Commodities Jun 24, 2019 16:45 GMT By Barani Krishnan Investing.com – The big Russian bear is holding out on the oil deal desperately sought by the Saudis, throwing a lifeline to other bears in the market. Crude futures slid as much as 1% on Monday, after some of their best gains in three years last week, as Russia was reported to be sticking to its wait-and-see approach on the future of the OPEC+ deal. Ten non-OPEC countries, led by Moscow, are to decide next week on whether to join the Saudi-
Read in Investing.com: https://apple.news/
Read in Investing.com: https://apple.news/
BANKS/BANKING/CREDIT
Cross River Bank acquires small business banking company Seed
Cross River Bank, a communitybank that powers some of the most well known financialtechnology startups in the United States, said on Monday that ithad acquired small business banking company Seed.
Read in Reuters: https://apple.news/
Opinion: The Federal Reserve is about to create a lot more zombies
Corporate zombies, that is. Kept alive by easy-money policies, companies that should have gone out of business keep staggering around.
Read in MarketWatch: https://apple.news/
Central banks haven't got much ammunition, strategist says
Richard Champion, deputy CIO of Canaccord Genuity Wealth Management, discusses central banking and the global economy.
Read in CNBC: https://apple.news/
Financial Services Provides Plenty of Jobs - from Coast to Coast: Opinion
There were 755,436 people working in financial activities in the New York metropolitan area last year, more than twice as many as in the next-biggest area for such jobs, metro Los Angeles. But this amounted to just 8% of New York-area jobs. There are other metropolitan areas where finance makes up a much larger share of employment than that. What the location quotient numbers in the above chart mean, basically, is that in Bloomington, you’re almost four times as likely to encounter people who
Read in Insurance Journal: https://apple.news/
The Best Bank for Frequent Travelers Has No ATM or Foreign Transaction Fees
If you're not careful these these extra costs can really add up.
Read in Money: https://apple.news/
BIS Wants 'Level Playing Field' for Banks Amid Threat From Firms Like Facebook
The Bank for International Settlements has expressed concerns over the expected disruption as big tech firms like Facebook enter the financial space.
Read in CoinDesk: https://apple.news/
Expecting Deutsche Bank to fail stress tests, analyst says
Gildas Surry, senior analyst and portfolio manager at Axiom Alternative Investments, says Deutsche Bank will unlikely pass stress tests on Friday.
Read in CNBC: https://apple.news/AdAl-
TREASURIES/BONDS/STOCKS
The bond bubble is back and bigger than ever before - MoneyWeek
Many developed-world sovereign bonds now carry negative yields – investors are paying for the privilege of lending governments money. John Stepek explains what’s going on.
Read in MoneyWeek: https://apple.news/AqGf9jn_
UPDATE 1-Hopes of budget reprieve lift Italian bond market
* EU to pause budget crackdown on Italy - FT
Read in Reuters: https://apple.news/Atlri_
* EU to pause budget crackdown on Italy - FT
Read in Reuters: https://apple.news/Atlri_
The M&A market has some legs to it, says Lincoln International CEO
Lincoln International of the Americas CEO Robert Brown joins "Squawk Box" to discuss the M&A landscape this quarter.
Read in CNBC: https://apple.news/
The market may have it wrong that major interest-rate cuts are coming
Is now the time to be reverting back to maximum monetary support?
Read in CNBC: https://apple.news/
UBS: Global economies 'one step away' from recession if trade talks fail
The brokerage says that the globe is "one step away" from recession as the world's two largest economies head to the G-20 summit.
Read in CNBC: https://apple.news/
The brokerage says that the globe is "one step away" from recession as the world's two largest economies head to the G-20 summit.
Read in CNBC: https://apple.news/
Gold Breaks New $1,400 Ground at Near 6-Year Highs
Commodities Jun 24, 2019 20:05 GMT Investing.com - Gold bulls are showing no slowing in their appetite for $1,400 pricing and beyond. Bubbling tensions in the Middle East and bets that the U.S. Federal Reserve was on course to its first rate cut in more than a decade continued to pull investors toward gold like a magnet on Monday. Spot gold, reflective of trades in bullion, traded at $1,419.28 per ounce by 3:49 PM ET (19:49 GMT), up 19.85, or 1.4%, on the day. Bullion earlier peaked at $1,420.26
Read in Investing.com: https://apple.news/
CRYPTO'S / DIGITAL CURRENCY
Bitcoin: Could 100K Be New 10K?
Bitcoin's new bull run isn't about touching the all-time high of $20,000, it is a lot more than that.
Read in Forbes: https://apple.news/
Why Bitcoin Excels Over Gold as a Store of Value - Bitcoinist.com
There is no doubting the king of crypto has been on a roll over the past few weeks. This month alone Bitcoin has surged 26% from mid $8000 to over $10,000. With political and economic tensions rising, BTC has often been compared to gold as a store of value but, which one is superior? The weekend has been nothing short of monumental for Bitcoin. Yesterday BTC hit a new 2019 and 15 month high of $11,250 as it’s market cap touched $200 billion. Since then top crypto asset has cooled off a little.
Read in Bitcoinist.net: https://apple.news/
Why Bitcoin Excels Over Gold as a Store of Value - Bitcoinist.com
There is no doubting the king of crypto has been on a roll over the past few weeks. This month alone Bitcoin has surged 26% from mid $8000 to over $10,000. With political and economic tensions rising, BTC has often been compared to gold as a store of value but, which one is superior? The weekend has been nothing short of monumental for Bitcoin. Yesterday BTC hit a new 2019 and 15 month high of $11,250 as it’s market cap touched $200 billion. Since then top crypto asset has cooled off a little.
Read in Bitcoinist.net: https://apple.news/
Ripple's CEO Just Made A Sudden 'Turnaround' On Bitcoin
Rival supporters of bitcoin and Ripple, the company behind the XRP cryptocurrency, have often not seen eye to eye with accusations thrown from both sides of out-dated technology and centralized control..
Read in Forbes: https://apple.news/AO_
Small Crypto Exchanges For A Healthy Digital Economy - Bitcoinist.com
The cryptocurrency market has rapidly grown to become a disruptive alternative to the fiat currency market. In a relatively short span of 10 years, this space has seen quite a handsome appreciation in value. But with that said, the digital asset also attracted centralized manipulation practices of the highest order. Things move fast when it comes to technology, and the decade-old cryptocurrency market is no exception. Unfortunately, the trajectory, in this case, is unhealthy and not by any means
Read in Bitcoinist.net: https://apple.news/
Bitcoin Kicks Off The Week Near the $11,000 Mark
Bitcoin kicks off the week near $11,000 on Monday amid what appears to be a sustained recovery for the cryptocurrency. Bitcoin kicked off the week handily above $10,000 on Monday amid what appears to be a sustained recovery for the cryptocurrency. The digital coin traded around $10,914 as of early Monday morning, down from topping $11,000 over the weekend but still solidly above its lows of $3,000 hit at the start of the year. Bitcoin has quietly been staging a recovery this year amid
Read in TheStreet: https://apple.news/
CURRENCIES
Forex - U.S. Dollar Struggles as Dallas Manufacturing Data Disappoints
Forex Jun 24, 2019 14:45 GMT Investing.com - The U.S. dollar was near three-month lows on Monday after disappointing regional data and rising tensions between Iran and the U.S. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, was down 0.1% to 95.59 by 10:45 AM ET (14:45 GMT). The Dallas Fed manufacturing activity index for June came in weaker than expected at -12.1 compared to estimates for -1.0. The data confirm declining activity across
Read in Investing.com: https://apple.news/
Forex - Euro Hits 3-Month Highs vs. Dollar on Fed Rate Cut View
Forex Jun 24, 2019 07:14 GMT Investing.com - The euro rose to its highest level in three months against the U.S. dollar on Monday as the greenback remained on the back foot amid expectations for the Federal Reserve to cuts interest rates later this year. The euro built on gains from last week, when it added 1.4%, and rose to 1.1387 overnight, its highest since March 22. It was trading at 1.1379 by 03:12 AM ET (07:12 GMT). The U.S. dollar index versus a basket of six major currencies was a shade
Read in Investing.com: https://apple.news/
Pound euro exchange rate: GBP fluctuates as EU delays disciplinary action against Italy
THE pound has edged slightly lower against the euro this morning, with the pairing currently trading around €1.118. The euro derived a little support on Monday as the German IFO current assessment rose to a higher-than-forecast 100.8 in June. Added to this, the IFO business climate index slipped to 97.4 rather than falling to 97.2 as expected. However, IFO expectations slumped to a four-month low of 94.2, limiting euro gains. However, the euro was also able to benefit from reports suggesting
Read in Express: https://apple.news/
Pound to euro exchange rate: Sterling ‘confined’ by UK politics - will Britons lose out?
THE POUND is unlikely to enjoy a boost against the euro as the start of the trading week opens. Currency experts have warned GBP will be “confined” by the UK political developments, therefore stalling the pound to euro exchange rate. The pound is being “confined” by UK political chaos in both Brexit and the Conservative party leadership contest, meaning UK travellers are suffering in the pound to euro exchange rate. Those travelling to Eurozone countries in the coming days will not take heart
Read in Express: https://apple.news/
Turkish currency buoyed by Istanbul election result
ISTANBUL (AP) - Turkey's lira currency has opened higher against the U.S. dollar after a repeat election for mayor in Istanbul ended months of uncertainty with a landmark opposition win in the country's largest city. The dollar traded at 5.717 lira Monday, up nearly 2%, hours after opposition candidate Ekrem Imamoglu swept to victory in Istanbul, defeating a candidate backed by President Recep Tayyip Erdogan and marking the first major change in the city's administration for 25 years. Tens of
Read in Business Insider: https://apple.news/
Currencies move at same rate as trade tariffs, HSBC strategist says
David Bloom, global head of FX strategy at HSBC, outlines the impact of Trump's import tariffs on the U.S. dollar.
Read in CNBC: https://apple.news/
HEATLTH/SCIENCE
Heart attack at 49: America’s biggest killer is making a deadly comeback
Younger people, women and nonsmokers are more likely to be victims of the crisis in cardiovascular health, driven by skyrocketing obesity and diabetes.
Read in The Wall Street Journal: https://apple.news/AsBFzI0b_
Younger people, women and nonsmokers are more likely to be victims of the crisis in cardiovascular health, driven by skyrocketing obesity and diabetes.
Read in The Wall Street Journal: https://apple.news/AsBFzI0b_
This Mass. Woman Has 2 Insurance Plans. She's Still Struggling To Pay For Prescriptions
“When you're up backed up against a wall, I mean you have to do something,” says Everett resident Joanne Rhoton. “And I'm sure that I'm not the only person that has diabetes that is doing this sort of stuff.”
Read in WBUR News: https://apple.news/AHTWCdIn_
“When you're up backed up against a wall, I mean you have to do something,” says Everett resident Joanne Rhoton. “And I'm sure that I'm not the only person that has diabetes that is doing this sort of stuff.”
Read in WBUR News: https://apple.news/AHTWCdIn_
12 Changes In Mindset That Can Benefit Your Physical Health
Changing mindset can be a powerful tool for generating action. These 12 science-backed mindset changes can lead to physical health benefits if we take on the challenge of following through.
Read in Forbes: https://apple.news/
Changing mindset can be a powerful tool for generating action. These 12 science-backed mindset changes can lead to physical health benefits if we take on the challenge of following through.
Read in Forbes: https://apple.news/
The looming superbug crisis: Politics, profit, and Big Pharma
Here's how we stop a health crisis before it wreaks havoc on us.
Read in Big Think: https://apple.news/
Here's how we stop a health crisis before it wreaks havoc on us.
Read in Big Think: https://apple.news/
It’s in your blood: New Alzheimer’s test lets doctors detect dementia in ‘under 1 hour’
A team of scientists claim to have developed the world’s first blood test that can detect Alzheimer’s disease. The pioneering method may prove vital in dealing with the impending dementia crisis the world could face this century.
Read in RT News: https://apple.news/
USA / CANADA
George Soros Leads Chorus of Wealthy Calling For A New Wealth Tax
Billionaire George Soros and members of the Gund and Pritzker families are among a number of the world's wealthiest business leaders to have signed a letter calling for a new U.S. wealth tax.
Read in Forbes: https://apple.news/
US considers 5G Equipment to be made outside China: Report
The move could reshape global manufacturing according to the Wall Street Journal.
Read in Fox News: https://apple.news/
Don't expect debt relief, United States warns Africa
* Decades after HIPC initiative, Africa again facing debtcrisis
Read in Reuters: https://apple.news/
California Gov. Gavin Newsom warns Big Tech could be "steamrolled" by regulation
California Gov. Gavin Newsom warned in an interview for "Axios on HBO" that his state’s Big Tech giants — Google, Facebook and others — will soon get "steamrolled" by federal regulations, and deserve to be hit with new restrictions on their wealth and reach.
Read in Axios: https://apple.news/
Art Cashin joins Wall Street camp leaning toward a half-percent July rate cut
Veteran trader Art Cashin told CNBC on Monday he believes the Federal Reserve could slash short-term interest rates by an aggressive half-percent at its next policymaking meeting at the end of July.
Read in CNBC: https://apple.news/
EMERGING MARKETS
Why a weaker dollar is like waving a red flag in front of emerging-market bulls
To hear many analysts tell it, the top is in for the U.S. dollar, clearing the way for a sustained rally by emerging markets. But skeptics say they may be underestimating the threat to global growth from trade wars.
Read in MarketWatch: https://apple.news/AKn_
Iran, Venezuela to complicate global oil deal talks - Kazakh energy minister
Talks between OPEC andits allies next month over whether to extend their global oiloutput cut deal will be complicated by uncertainties over Iranand Venezuela's stance, Kazakh Energy Minister Kanat Bozumbayevsaid.
Read in Reuters: https://apple.news/
China is too big to ignore and will dominate emerging markets, FTSE analyst says
Philip Lawlor, managing director of global markets research at FTSE Russell, discusses Chinese A shares and investing in emerging markets.
Read in CNBC: https://apple.news/
Foreign investors play FTSE with Chinese stocks, plough US$6.3 billion back into mainland stock market
Foreign investors have ploughed 43.3 billion yuan (US$6.3 billion) into mainland China equities this month in anticipation of the inclusion of these stocks in the FTSE Emerging Index, which came into effect on Monday morning, in a turnaround from a…
Read in South China Morning Post: https://apple.news/ARX-fhuggS_
11 Things You Need to Know Before You Go to Puerto Rico
Here is everything you need to know to make the most of your trip to Puerto Rico. In this digital age of Instagram models on mountaintops and bougie breakfast shots, we're starting to get the impression that travel is an effortless escape where everything is literally waiting for you with no undertaking required. But that isn't necessarily the case, especially for a destination like Puerto Rico. Here's some practical, useful information for you to know exactly what to expect and how to best plan
Read in Fodor's Travel: https://apple.news/AH-
Hyperlocal, Geospatial Data Key To Success In Emerging Markets
Geospatial data will accelerate a new era of economic development by delivering hyper-local information about traditionally hard to understand places. The inability to answer questions like, “what does the local population look like?”, “how do they behave?”, and “what do they buy and prefer?”, has caused many companies to lose strategic bets across countless emerging markets. Until recently, the information required to understand these localized consumer concentrations simply wasn’t available.
Read in International Business Times: https://apple.news/
MIDDLE EAST
Iraqi parliament approves defense, interior, justice ministers: lawmakers
Iraq's parliament approved on Monday three more ministers, including the defense and interior portfolios put forward by Prime Minister Adel Abdul-Mahdi, lawmakers said.
Read in Reuters: https://apple.news/
US-led Bahrain meeting on Palestine: All the latest updates
Bahrain is set to host the so-called "Peace to Prosperity workshop", to discuss what the US described as the economic part of President Donald Trump's "Deal of the century", his proposal for solving the Israeli-Palestinian conflict. The meeting on June 25 and 26 in Manama has been widely criticised over the lack of representation of the Palestinian leadership that is boycotting the gathering. According to the White House, the meeting "will facilitate discussions on an ambitious, achievable
Read in Aljazeera: https://apple.news/
Germany cool on Iran coalition talk, seeks de-escalation
Germany appears cool toward U.S. talk of building a global coalition against Iran, saying that its top priority is deescalating tensions in the region as it tries to salvage the 2015 nuclear deal with Tehran
Read in ABC News: https://apple.news/
The Latest: Another US warship in Mideast amid Iran tensions
DUBAI, United Arab Emirates (AP) - The Latest on tensions between the U.S. and Iran and in the Persian Gulf (all times local): 2:10 p.m. The U.S. Navy says another American warship has arrived to the Mideast amid heightened tensions with Iran. Monday's Navy statement says the USS Boxer amphibious assault ship, along with the amphibious transport dock USS John P. Murtha and the amphibious dock landing ship USS Harpers Ferry arrived in the 5th Fleet's area of responsibility. The Navy didn't
Read in Business Insider: https://apple.news/
Gulf tensions: Iraq worried about impact on its economy
Iraq exports around 3.5 million barrels of oil a day. Heightened regional tensions between the United States and Iran and recent attacks on oil tankers in the Gulf have heightened security fears. The government of Iraq is worried about the threat to its oil exports - and how its economy could suffer. Al Jazeera's Charles Stratford reports.
Read in Aljazeera: https://apple.news/
The Latest: Pompeo meets Saudi king, top prince to talk Iran
The Latest: Pompeo meets Saudi king, crown prince to discuss the escalated crisis in the Persian Gulf
Read in ABC News: https://apple.news/
Iran says U.S. cyber attacks failed, hints talks are possible
Iran said on Monday U.S. cyber attacks on its military had failed, while also hinting that it could be willing to discuss new concessions with Washington if the United States were to lift sanctions and offer new incentives.
Read in Reuters: https://apple.news/
AFRICA
Zimbabwe, UK firm partnership to boost local capital markets
Zimbabwe's capital markets, which have been confining investors to limited options as chronic challenges buffeting the imploding economy ate into companies' earnings, has received a new lease of life following the conjoining of the Securities and Exchange Commission of Zimbabwe (SecZim) and the United Kingdom-funded Financial Sector Deepening Africa (FSD Africa). SecZim joined FSD Africa...
Read in FurtherAfrica: https://apple.news/
Zimbabwe: Sanitary Wear Now Exempt From Duty
THE Government has noted that the price of sanitary wear has shot beyond the reach of many women who have resorted to using unhygienic materials exposing them to various diseases despite the Zimbabwe Revenue Authority (ZIMRA) waiving customs duty on imports of the feminine product. ZIMRA has informed the public on the suspension of customs duty on sanitary wear for women as a way of promoting hygiene. In a statement , ZIMRA said: "There is no customs duty on the importation of sanitary wear for
Read in AllAfrica: https://apple.news/
South Africa: Global Heating Is the Key Priority - Without Urgent Action There Will Be No Jobs and No FutureThe seven priorities listed in President Cyril Ramaphosa's State of the Nation Address can only be achieved if climate action and ecological restoration are acknowledged as foundational to all endeavours. We cannot succeed in creating economic transformation, education, safe communities or a better Africa in the wake of climate and ecological breakdown. Dear Mr President, In your third State of the Nation Address (SONA), you stated that our biggest concern as a country is that our economy is not
Read in AllAfrica: https://apple.news/
Africa: Russia and Africa Should Harness Resources for Greater Economic Growth, Medvedev Tells Afreximbank Shareholders
Moscow Africa and Russia must harness their immense resources to foster a greater economic future for their people, Dimitri Medvedev, Chairman of the Government of the Russian Federation, has said in Moscow. Mr. Medvedev, who was speaking on Friday while declaring open the Annual General Meeting of Shareholders of the African Export-Import Bank (Afreximbank) held as part of the Bank’s 2019 Annual Meetings, noted that Africa and Russia accounted for half the world’s resources. He said that
Read in AllAfrica: https://apple.news/
Kenya: Banks Tighten Rules to Check Dirty Cash TricksOptions are fast running out for corrupt individuals racing against time to clean their dirty money as the government intensifies the crackdown on ill-gotten wealth. This comes on the back of Thursday's announcement by the Central Bank of Kenya that the October 1 deadline to replace old Sh1,000 banknotes will not be extended. HEAVY BLOW After weeks of what appeared to be dirty tricks to exchange huge amounts of money by a few individuals and their agents, multiple sources revealed to the Sunday
Read in AllAfrica: https://apple.news/
South Africa: SA Needs 60 000 More Cops to Meet UN Standard - Cele
South Africa is 60 000 police officials away from achieving United Nations standards, according to Minister of Police Bheki Cele. The former national police commissioner revealed this during an SABC News interview on Sunday. At the moment, the country has more than 193 000 officers who ensure that the country's citizens are safe. But an extra 60 000 officers will help the country meet the basic ratio of one police officer for every 200 people. Currently, SA has one officer for every 383 people -
Read in AllAfrica: https://apple.news/
ASIA
Vietnam to China and back: How one illegal factory worker embodies the trade war manufacturing exodus
Six years ago, when thoughts of a trade war with the United States were non-existent and with China’s manufacturing sector booming, 27-year old Vietnamese worker Manh crossed the border into the neighbouring country seeking to earn enough money to…
Read in South China Morning Post: https://apple.news/AQ1P_t-
Vietnam and India see explosion in direct investment from China as tech suppliers shift production overseas, says Goldman Sachs
Vietnam and India have seen an explosive surge of investment from Chinese companies shifting their production capacity abroad as they try to minimise the affects of the trade war, research by Goldman Sachs has found. “The trade tariffs between the US and…
Read in South China Morning Post: https://apple.news/AN_
China is now 'too big to ignore,' says FTSE analyst
The growing internationalization of Chinese equities and bonds means China is now "too big to ignore," according to FTSE Russell Managing Director of Global Markets Research, Philip Lawlor.
Read in CNBC: https://apple.news/AJTyM_
Beijing eases short-term liquidity for smaller financial firms, orders fifth brokerage in a week to lift fundraising quota
Shenzhen-based brokerage GF Securities said on Monday it had been asked to lift the quota on short-term fundraising by Beijing, a move that may boost lending to smaller financial firms. “The company has received a notice from the People’s Bank of China …
Read in South China Morning Post: https://apple.news/
Chinese fiscal stimulus would damage country's credit rating, expert says
Andrew Fennell, director of Asia sovereigns at Fitch Ratings, discusses the impact of the U.S.-China trade war on Asian credit ratings.
Read in CNBC: https://apple.news/
EUROPE
A French supermarket is retreating from China to focus on its coming battle with Amazon
French retail giant Carrefour is pulling back from China as competition looms with e-commerce giant Amazon back home. Yesterday (June 23), Carrefour announced it will sell an 80% stake of its China business for 4.8 billion yuan ($698 million) of its China business to Suning.com, the largest Chinese retailer by sales volume. The French retailer will...
Read in Quartz: https://apple.news/
High-tech systems will not stop hard Irish border after Brexit, warns former shadow secretary Owen Smith
Proposed technological solutions to avoid a hard Irish border after Brexit will not succeed in the absence of consent from populations in both the Republic and the North, a former shadow Northern Ireland secretary has warned.
Read in The Independent: https://apple.news/
He says he wants no deal, but he’ll just give us May’s deal repackaged instead. Welcome to Boris’s ‘vassal state’
Wouldn’t it be funny if, after months of trauma, Boris Johnson or Jeremy Hunt just ended up resuscitating Theresa May’s Brexit deal? I mean, yes, it’s a national tragedy, but it has a certain irony attached to it.
Read in The Independent: https://apple.news/
Tory MPs will topple Boris Johnson government if he pursues no-deal Brexit, minister says
A dozen Tory MPs could vote to topple a Boris Johnson government if the frontrunner in the leadership contest pushes for a no-deal Brexit, a defence minister has warned.
Read in The Independent: https://apple.news/ALI2-UnI-
No evidence Russia influenced Brexit via Facebook, says Clegg
There is "absolutely no evidence" that outside forces such as Russia used Facebook to target users and influence Britain's vote to leave the European Union, the world's biggest social network said on Monday.
Read in Reuters: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Wednesday 6/26/19 did update on the indicative rates Sell Rate 1190
The currency auction is 205,500,603
There are no news and announcements.
Value Traded
1,326,452,574
Shares Traded
664,219,238
ISX ended in Green
Kauaihn Chatter:dd
http://www.dinarguru.com/
6-26-2019 Intel Guru MarkZ [via PDK] I don’t expect the Fair Tax act announcement just yet…Most of us believe this will not be a taxable event…but with the laws we have in effect right now it could be…so be sure to ask at your exchange apt…just to be absolutely certain. [check with you tax professional at the appropriate time]
6-25-2019 Newshound Guru Breitling [Question: "Would the revaluation be held up knowing that Iran has Iraqi dinar with sanctions against Iran the US might influence or convince Iraq to hold up until the Iranians come to terms. Why allow dinars to be worth more? Iran would just continue to fund its war machine?] ...Iran has a foreign currency reserve just like every other country. In other words they have US dollars in that reserve. They have Russian rubles...all sorts of currencies...no body knows the combination. How does that money get transferred? That's the key you need to understand on what it is that if Iran has dinar why it doesn't matter...One of the part of the sanctions was we are going to stop Iran from using the Swift accounts...it's an electronic blockade...so they can't use any of their currencies...so if they have dinar and there is value added, they can't use it to trade efficiently...don't worry about the Iraqi dinar in Iran's hands and it revalues...It's not going to change anything. It's not going to give them an advantage...
6-25-2019 Intel Guru MarkZ [Are people working at redemption centers today?] The folks I know reported to work today at 8AM...they really expect to be seeing us all at anytime.
6-25-2019 Intel Guru MarkZ [Are people working at redemption centers today?] The folks I know reported to work today at 8AM...they really expect to be seeing us all at anytime.
6-25-2019 Newshound Guru larrykn ...the cbi and the government are to different entity but they do work with each other, my thinking of them moving forward was that until today they had not seated their government and unless they did so I can't see them moving to doing anything with their currency, now that they have I like to see the laws needed getting done, like the Investment laws and others. I hope to see that done soon. It finally looks like they are going in the right direction.
6-25-2019 Intel Guru MarkZ [via PDK] I’m still pretty giddy...We are hearing Value day (meaning the day they change our values) may be any time after markets close today through sometime tomorrow…We still hear there is a mad-dash rush to get this rolled out before the 28th...maybe even the 26th...[So they kicked the can again huh…] This reset is a monster…it is huge...things happen...they have to fix unforeseen problems as they appear… If you are watching the economic indicators worldwide you can see we are right on top of this.
6-25-2019 Newshound Guru MilitiaMan ...the G-20 on the 28th - 29th...Many of the largest holders of Dinar will be at that meeting. USA, Britain, Canada, Australia, etc.. Be kinda silly for them to show up with no rate in hand to discuss the future of the world. When after they leave the world changes from a reinstatement of their holdings? It would be a waste of time, as the world will change once this goes live... Is suspect a load of high fives will be more likely the case... This thinking of ours has been brought to me by some very special people! It is very good thinking that supports and RI, sooner than later. So, the word I got since was that Tues - Weds may be still a plan of intention, as they only delayed the timing from last window. I am going to ask to get more clarification if possible... I am stoked be sure...
6-25-2019 Intel/Newshound Guru sandyf ...the CBI and the Government are completely different entities from one another. The CBI is the one who is responsible for the currency and can change the rate not the Iraqi Government. A central bank is only responsible for the currency, a government is responsible for the monetary unit, of course you would need to understand the difference.
6-25-2019 Intel Guru MarkZ [via PDK] [What is value day?...] Value day is just the day the new rates have value. [Will all our currency exchange at the same rate?] I hear the first 10 million of dinar is a certain higher rate and that it scales down after that.
6-25-2019 Intel Guru MarkZ [via PDK] I’m still pretty giddy...We are hearing Value day (meaning the day they change our values) may be any time after markets close today through sometime tomorrow…We still hear there is a mad-dash rush to get this rolled out before the 28th...maybe even the 26th...[So they kicked the can again huh…] This reset is a monster…it is huge...things happen...they have to fix unforeseen problems as they appear… If you are watching the economic indicators worldwide you can see we are right on top of this.
6-25-2019 Newshound Guru MilitiaMan ...the G-20 on the 28th - 29th...Many of the largest holders of Dinar will be at that meeting. USA, Britain, Canada, Australia, etc.. Be kinda silly for them to show up with no rate in hand to discuss the future of the world. When after they leave the world changes from a reinstatement of their holdings? It would be a waste of time, as the world will change once this goes live... Is suspect a load of high fives will be more likely the case... This thinking of ours has been brought to me by some very special people! It is very good thinking that supports and RI, sooner than later. So, the word I got since was that Tues - Weds may be still a plan of intention, as they only delayed the timing from last window. I am going to ask to get more clarification if possible... I am stoked be sure...
6-25-2019 Intel/Newshound Guru sandyf ...the CBI and the Government are completely different entities from one another. The CBI is the one who is responsible for the currency and can change the rate not the Iraqi Government. A central bank is only responsible for the currency, a government is responsible for the monetary unit, of course you would need to understand the difference.
6-25-2019 Intel Guru MarkZ [via PDK] [What is value day?...] Value day is just the day the new rates have value. [Will all our currency exchange at the same rate?] I hear the first 10 million of dinar is a certain higher rate and that it scales down after that.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1-A (from PM Mahdi's website; posted only on Arabic side, not on English side)
The Council of Ministers holds its regular session chaired by Prime Minister Adel Abdul Mahdi and discusses the issues prepared for its agenda and issues several resolutions
The Cabinet held its regular session on Tuesday June 25, 2019 under the chairmanship of the Prime Minister, Adel Abdul Mahdi, and discussed the issues prepared for its agenda, and issued several resolutions.
The Council approved the installation of public directors in state institutions in accordance with the provisions of Article (58) of the Federal Budget Law for the fiscal year 2019, where the Council of Ministers voted unanimously on the first meal.
In the area of housing, the Council approved the recommendations of meeting No. (15) of the National Council for Housing, in addition to agreeing to resolve the dispute on the implementation of the Council of Ministers Resolution No. (394) for the year 2012 on determining the price of land allowance allocated for the construction of residential complexes.
The Council approved the installation of free lecturers on the grades resulting from the movement of owners in the provinces.
The Council approved the recommendations of the minutes of the consultative meeting on the discussion of paragraph (4) of the Council of Ministers Resolution (42 of 2017).
In preparation for the examinations, the Council agreed to cut off the Internet during the hours of the examinations for the purpose of the success of public examinations in all governorates of Iraq.
The Council of Ministers approved the authorization of the Ministry of Education (Minister) to directly contract with public sector printing presses for the purpose of implementing curriculum titles.
In the area of functional rights of components, the Council of Ministers approved the inclusion of the sons of the components (Sabean, Shabak and Filed) by the Council of Ministers' Resolution No. (86) for the year 2018 on the compensation of grades for the movement of owners to leave the job, retirees and resigners.
The Council approved an exemption from electricity wages and the continuation of the previous decision in this regard.
The Council of Ministers decided to approve the extinguishment of the proportion of the sale of the sold role in accordance with the decision of the Council of Ministers ((198 for 2011) belonging to the local administration in the province of Maysan.
The cabinet agreed to settle the claim of Turkish company Baytur on the condition that this protocol would not be contrary to the Paris Club.
Media Office of the Prime Minister
25-June -2019
****************
ARTICLE 1-B (from PM Mahdi's website; posted only on Arabic side, not on English side)
First semi-annual report on the follow-up to the implementation of the Government Program 2018-2022 to 30 April 2019 25 June 2019
The Prime Minister's Information Office publishes the first semi-annual report on the follow-up of the implementation of the government program 2018-2022 to 30 April 2019
Media Office of the Prime Minister
25-June -2019
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ARTICLE 2 (from Government of Iraq twitter account)
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 6--25-2019 around 4:00 pm Eastern
PM @AdilAbdAlMahdi: Iraq is playing a very positive role to ease tensions and resolve disputes in our region. Countries around the world know and understand our position.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 6-25-2019 around 4:00 pm Eastern
PM @AdilAbdAlMahdi: The visit by the Amir of the State of Kuwait to Baghdad was very successful. We discussed important issues of mutual interest. Joint Iraqi-Kuwaiti committees are working on the implementation of a number of agreements between our countries.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 6-25-2019 around 4:00 pm Eastern
PM @AdilAbdAlMahdi: We have published a report detailing what has been achieved of the government programme 2018-2022. The programme is our covenant with the Iraqi people, and we will honour the undertakings we made to them and their parliamentary representatives.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 6-25-2019 around 4:00 pm Eastern
PM @AdilAbdAlMahdi: Following the vote by the House of Representatives to approve our nominees for the posts of Defence, Interior and Justice Ministers, we will shortly present a new nominee for the post of Education Minister.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 6-25-2019 around 4:00 pm Eastern
PM @AdilAbdAlMahdi: We monitor very closely the security situation across Iraq. Our forces continue to carry out large-scale operations to hunt down Daesh remnants and eliminate any threat to our security and stability.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 6-25-2019 around 4:00 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
Decisions of the Council of Ministers today
2019/6/26 0:07
[Baghdad-where]
The Council of Ministers held its regular session on Tuesday under the chairmanship of Prime Minister Adel Abdul-Mahdi, and discussed the issues prepared for its agenda, and issued several resolutions.
"The Council of Ministers approved the installation of free lecturers on the grades resulting from the movement of owners in the provinces," a statement issued by the Secretariat General of the Council of Ministers said that "the Council agreed to install public directors in state institutions, The provisions of Article [5] of the Federal Budget Law for the fiscal year / 2019, where the Council of Ministers voted unanimously on the first meal.
In the area of housing, the Council approved the recommendations of meeting No. [15] of the National Council for Housing, in addition to agreeing to resolve the dispute on the implementation of the Council of Ministers Resolution No. (394) for 2012 on the determination of the price of land allowance for the construction of residential complexes.
The Council approved the recommendations of the minutes of the consultative meeting on the discussion of paragraph [4] of the Council of Ministers Decision [42 of 2017].
In preparation for the examinations, the Council agreed to cut off the Internet during the hours of the examinations for the purpose of the success of public examinations in all governorates of Iraq.
The Council of Ministers approved the authorization of the Ministry of Education [Minister] the authority to contract directly with public sector printing presses for the purpose of implementing the titles of the curriculum.
In the area of functional rights of the components, the Cabinet approved the inclusion of the sons of the components of the [Sabean, Shabak and Filed Kord] in the Cabinet Resolution No. 86 of 2018 on compensation of the employee grades for leaving the job, retirees and resignants.
The Council approved an exemption from electricity wages and the continuation of the previous decision in this regard.
The Council of Ministers decided to approve the extinguishment of the proportion of the sale of the sold role in accordance with the decision of the Council of Ministers [198 for 2011] belonging to the local administration in the province of Maysan.
The cabinet agreed to settle the claim of Turkish company Baytur on the condition that this protocol would not be contrary to the Paris Club
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ARTICLE 4
Victory holds the government responsible for violating the budget law and threatens the total opposition
2019/6/25 16:08
[Baghdad-where]
The coalition of victory, Tuesday, the government full responsibility for the breach of the law of the federal budget regarding the failure of the authorities of the Kurdistan region to pay oil imports to the federal authorities, while threatening the total opposition.
"We hold the Iraqi government fully responsible for the legal breach of the federal budget law regarding the failure of the authorities of the Kurdistan region to pay oil imports to the federal authorities," the coalition said in a statement received by the Iraqi News Agency.
He added that "the authorities of the region require payment of debts of the region and others in return for delivery of oil imports contrary to the decisions of the Federal Court, and the budget law, which came in its favor originally."
The coalition stressed that "the national wealth and the sovereignty of the state and the rights of the people of the Arabs and Kurds and Turkmen and other components are not the property of the local authorities and central to do what it wants, which is the responsibility and the highest interests of the people and the state."
The coalition victory, "The continuation of violations and the decline and weakness of the government will push the victory to declare the total opposition to the government and demands the dissolution and the formation of a new government is able to fulfill its national responsibilities."
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ARTICLE 5
Al-Wefaq: Allawi does not pay attention to the fishermen who are looking for excitement
2019/6/25 16:23
[Baghdad-where]
Al-Wefaq announced on Tuesday that its leader, Ayad Allawi, was not looking for a moment to the deputy, Kazem al-Sayadi, who is looking for excitement. The "fishers" and the saboteurs called for the role of the defense minister in countering terrorism during the days of Abu Musab al-Zarqawi.
"Every now and then, we have a new era of politics and history of the foundations of the political process in Iraq," said Hadi al-Dhalmi, a spokesman for the Iraqi National News Agency. "Every now and then, the political process in Iraq shows us a code of symbols of the political process and its founders and without any reason in Mashhad Reflects the magnitude of their inferiority. "
He added that "Iyad Allawi is not preoccupied until the moment who is Kazem Sayadi and not to seek his excitement away from the service of his people as a member of the House of Representatives and what is the history of the former regime, or its role in the establishment and construction of the political process," noting that "Ttallh and fabricated the involvement of Arab countries The nomination of the Minister of Defense is a major insult to our Arab brothers and the House of Representatives, who voted with a clear majority - with the exception of a handful known - to give his confidence to the success of Shammari.
Al-Dhulmi called on "the fishers of sedition to understand the role of the defense minister in countering terrorism during the days of Zarqawi and his leadership of the Special Forces regiment in those dark days and to pay attention to his failure to abide by the real values of struggle." He called for "to stop slandering and manipulating the symbols of the political process from time to time."
A member of the Parliamentary Integrity Committee, Kazim Sayadi, said on Monday that the candidate of the Ministry of Defense was a US-Jordanian agreement under the auspices of the Minister of State for Arab Affairs in the Kingdom of Saudi Arabia Thamer Al-Subhan and the head of the National Coalition, Ayad Allawi, pointing out that he is not qualified to run the ministry in the next stage.
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ARTICLE 6
The reform assigns its political significance to the completion of the evaluation of the work of the government and constitutes a meeting place for Hakim
2019/6/25 23:57
[Baghdad-where]
The leadership of the Alliance for Reform and Reconstruction announced the formation of a delegation to meet with Mr. Ammar al-Hakim to continue his role as head of the coalition.
This came during a meeting held by the Commission on Tuesday evening, at the headquarters of Osama Abdul Aziz Nujaifi.
"It discussed the schedule of its meeting that included the withdrawal of Mr. Ammar al-Hakim from the presidency of the coalition, and the position of the government in the light of the assessment that will be prepared for its work during the past months, and also discussed the options of the new vision of the work And the prospects for its development. "
"After serious discussions characterized by the real desire to be in harmony with the essence of what the parties agreed to the problem of the alliance all, the meeting agreed to form a delegation of leaders to visit Mr. Ammar al-Hakim to continue his role as the head of the coalition, and task the political body of the coalition to carry out an assessment of the work of the government, In this area".
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