Wednesday, July 31, 2019

WOTS Wednesday 7/31/19

WOTS Wednesday 7/31/19







WOTS Wednesday 7/31//19
Forex Rates
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1165.1000  1218.9000 1186.0000 1186.0000 1186.0000  3.9000 19:00
 USD/VND  23197.5000  23267.5000 23191.2200 23191.2200 23191.2200  5.1200 01:30
 USD/CNY  6.8817  6.8837 6.8867 6.8796 6.8833  -0.0017 05:07
 USD/KWD  0.3035  0.3055 0.3043 0.3035 0.3043  -0.0001 05:09
 GBP/USD  1.2169  1.2172 1.2176 1.2146 1.2149  0.0020 05:09
 USD/IRR  42000.0000  42210.0000 42000.0000 42000.0000 42000.0000  0.0000 19:01
 USD/IDR  14018.0000  14018.0000 14026.0000 13975.0000 14016.0000  3.0000 05:07
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DC NY Iraq Articles:dd

Iran deleted 4 zeros from its currency

Editorial date: 2019/7/31 10:40 • 567 times prescribed
(International: Al Furat News) The Cabinet of Ministers of Iran approved in its meeting Wednesday, a proposal to delete 4 zeros from the national currency Riyal.
The governor of the Central Bank of Iran, Nasser Hamati, is due to present details of the new government decision later.    

A high-level Indian delegation will visit Baghdad soon

Editorial date: 2019/7/31 11:58 • 113 times prescribed
(Baghdad: Al-Furat News) An Indian delegation plans to visit Baghdad soon.
A statement issued by the Foreign Ministry received the agency {Euphrates News} a copy of it, "the head of the Asia Department and the Minister's Office Commissioner Hamid Abbas met the Ambassador of the Republic of India in Baghdad Pradeep Singh at the Foreign Ministry."
During the meeting, the two sides discussed the bilateral relations between the two friendly countries and means of developing them in all fields, especially mutual support in international forums.
He also discussed "the procedures and details of the visit of a high-ranking Indian delegation to Baghdad during the coming period."

 

Kurdish deputy: The province and Baghdad reached this conviction in the outstanding issues

Editorial Date: 2019/7/31 11:54 • 49 times read
(Baghdad: Al-Furat News) Kurdish deputy, said that the Kurdistan region, and the federal government in Baghdad reached the conviction of their need for some others.
It is scheduled that a delegation from the Kurdistan Regional Government to visit the capital Baghdad soon, to discuss ways to address the outstanding problems between the Kurdistan region and the federal government.
The MP from the Patriotic Union of Kurdistan Sherwan Mirza said in a press statement "during the last meeting held between the Kurdistan Regional Government and the federal government in Arbil decided to form technical committees to deal with the outstanding issues, especially financial."
"According to the agreement, a technical delegation from the Kurdistan Regional Government will soon visit the capital Baghdad to meet with a delegation of the federal government to discuss mechanisms to address outstanding problems.
On the possibility of addressing the problems, MP Shirwan Mirza, a member of the Finance Committee parliamentary: outstanding problems are not difficult and can be addressed if there is a strong will, and the Kurdistan Regional Government and the federal government want the agreement and reached the conviction that they need to support each other.

The official price of the US dollar is 42,000 riyals

An important parliamentary meeting with two ministers and officials to discuss the export of oil

Editor's note:: 2017/7/31 11:03 • 137 times read
(Baghdad: Al-Furat News) held this morning in the Constitutional Hall of the House of Representatives, an important meeting with ministers and other officials to discuss the export of oil.
The first deputy speaker of the House of Representatives, Hassan Karim al-Kaabi, chaired the meeting of the Finance Committee and the Committee of Oil and Energy Deputies and a number of members of the House of Representatives in the presence of the Ministers of Oil and Finance and the President of the Office of Financial Supervision and the Integrity Commission acting in the Constitutional Hall in the House of Representatives to discuss the issue of oil export. 

Minister of Interior discussed with his Iraqi counterpart security cooperation

Wednesday 31/07/2019
Kuwaiti-Iraqi cooperation in border control and counter-terrorism
 
Deputy Prime Minister and Interior Minister Lieutenant General Sheikh Khalid Al-Jarrah discussed with Interior Minister of the Republic of Iraq Dr. Yasin Al-Yasiri the enhancement of security cooperation between the two countries.
In a statement issued by the General Directorate of Relations and Security Information at the Interior Ministry, Sheikh Jarrah affirmed during the meeting the brotherly relations between the two brotherly countries and the keenness of the political leadership in the two countries to overcome all difficulties to support these ties and unify the visions on all regional and international developments.
The meeting was attended by a meeting of the two sides, during which they discussed the security situation in the region and means of activating coordination and cooperation between security agencies in both countries, especially in monitoring land and sea borders, combating terrorism, organized crime, drug trafficking and weapons.
For his part, the Iraqi Interior Minister, according to the statement expressed his deep thanks and gratitude for the warm reception and his deep satisfaction with the topics discussed during the meeting, indicating that there is a complete consensus between the views of both sides.
Al-Madar" publishes the most prominent files that Al-Halbusi discussed during his visit to Kuwait


31-07-2019 10:11 PM
Baghdad
The meetings and discussions during the visit by the Speaker of the House of Representatives Mohammed Halboussi to Kuwait during the past few days on several axes, most notably Iraq's support in the file of reconstruction.
According to a statement by the office of Halbusi and received 'orbit', 'the results of the visit got rid of the points below'.

First: Strengthening the relations between the Kuwaiti National Assembly and the Iraqi Council of Representatives, and working to coordinate positions in international and regional forums, and activate parliamentary diplomacy.

Second: Expansion of cultural, artistic and sports activities, which will contribute to restoring social harmony between the people of Iraq and Kuwait and encouraging religious and archaeological tourism.

Third: the need for all countries in the region to calm down and reduce the escalation and tension and defuse the war; to maintain stability, and to prevent the danger of their people.

Fourth: Support the work of the Iraqi government, contribute to reconstruction, provide services to citizens, and achieve stability through:


◾ Find a mechanism for obtaining funds for the reconstruction of Iraq at the Kuwait International Donors Conference and forming joint committees for this purpose.

• Accelerate the technical and administrative procedures for the implementation of Kuwait Development Fund projects in Iraq, donated by the State of Kuwait.

◾ Restoring the stability of the liberated cities by contributing to its reconstruction, rehabilitating the infrastructure, and building schools, hospitals and housing units at low cost.

◾ Facilitating the establishment of reception centers and health centers donated by the Emir of the State of Kuwait in the central and southern governorates to serve the citizens during the holy pilgrimage times in Najaf and Karbala.

◾ Qualifying and developing border ports between the two countries, and providing the necessary infrastructure for its work, financed by the Kuwait Fund for Development.

◾ Raising obstacles to housing and health projects that have not yet been completed and implemented by the Kuwaiti side in Basra governorate.

◾ Activate trade cooperation and increase the volume of economic exchange, and resolve all obstacles to the development of commercial traffic between Iraq and Kuwait.

◾ Facilitating the granting of mutual visas between the two countries through joint offices and enhancing security cooperation between them.

◾ Work on the start of talks to establish free trade and industrial zones between the two countries; to enhance trade cooperation and provide employment opportunities for the people of Basra province.

◾ Provide investment opportunities in all sectors; to implement projects in the Iraqi governorates, and provide job opportunities for the unemployed. 

Kauaihn Iraq Articles:dd
31/07/2019
The head of the Kurdistan region, Nechirvan Barzani, said on Tuesday that the stability of the federal Iraq interested the interests of Kurdistan.

This came in a statement to the presidency of the Kurdistan region, where he received Matthew Walters thanks for supporting the President of the Kurdistan Region and the relevant institutions in the region for his work and activities, and stressed that his country looks forward with interest to develop relations with Iraq and the Kurdistan region, and expressed gratitude and appreciation for the assistance provided by the Kurdistan Region For displaced persons and refugees.

For his part, Nijervan Barzani highly valued the work and activities of Mr. Walters, wishing him success in his new tasks, stressing the desire of the region to develop relations with the Netherlands, and highlighted the current phase of the relations of Erbil - Baghdad, considering the stability of Iraq the subject of interest in the Kurdistan Region, On priorities for the next phase.

The discussion on economic relations between the Kurdistan region and the Netherlands was the subject of talk on the other side of the meeting, according to the statement.

 

Riyadh and Baghdad to raise the level of security cooperation

Iraqi Ambassador: Includes the exchange of information and the fight against terrorism
Wednesday - 31 July 2019 AD Issue Number [14855]
Ambassador Imad Tariq al-Janabi
Riyadh: Saleh al-Zaid - Baghdad: «Middle East»
Saudi Arabia has raised the level of security coordination with Iraq after a rapprochement between the two countries in the last two years, where the Saudi cabinet agreed to discuss with the Iraqi side on the draft agreement on security cooperation between the two countries. Dr. Qahtan al-Janabi, Iraq's ambassador to Saudi Arabia, said that Iraq and Saudi Arabia have made great strides in security cooperation in the exchange of intelligence and security information, combating terrorism, combating drugs and combating organized crime, as there are reciprocal visits between the two leaders of various security sectors. On the memorandum of understanding, and waiting to pass through the official channels in Saudi Arabia.

He said in a telephone conversation with Asharq Al-Awsat that the relations are moving at a good pace to improve, deepen and strengthen them in all fields. They started the establishment of the Iraqi-Saudi Coordination Council two years ago, adding that this council held two sessions in Riyadh and the other in Baghdad in April , Pointing out that it emerged from this Coordination Council 8 committees, including: the Committee on Security, Political and Military Cooperation, which held meetings and is expected to hold another meeting soon.

On the cooperation areas in the memorandum of understanding between the two countries, Al-Janabi said that the region suffers from terrorism and drugs. These are common issues that require the exchange of intelligence and coordination in the fight against organized crime and smuggling, stressing the importance of cooperation between the two countries in conducting training courses in Riyadh for officers The Iraqi police and the staff of the Iraqi Ministry of Interior, and vice versa; what benefits from the experience, pointing to the presence of great experiences in Iraq in the fight against terrorism.

The Saudi cabinet yesterday decided to authorize the Minister of Interior - or his deputy - to discuss with the Iraqi side a draft security cooperation agreement between the governments of Saudi Arabia and Iraq and to sign the final version signed to complete the legal procedures.

Asked whether the reason for the memo was the escalation of tension in the region, al-Janabi said it was not related to the recent tensions, but that there was an effort because there had been strong cooperation and relations between Iraq and Saudi Arabia since the establishment of the Iraqi-Saudi Coordination Council two years ago. Of the serious desire of the two countries to strengthen and develop their relations. He pointed out that the recent escalation will not affect the relationship between the two countries, but will increase their determination to be strong relationship and brotherhood level and the level of challenges in the region. "The Saudi side has always expressed its readiness to support the Iraqi security services, in addition to the desire and readiness in various aspects in the security fields, such as the exchange of information, experience and security cooperation in all fields," said Fadhil Abu Ragheif, an Iraqi security expert. . He added that «the scope of this cooperation between the two countries will include border security and information exchange on the wanted in both countries, as well as border posts», adding that «such an agreement will open broad areas of cooperation between the two countries in various fields».

The Iraqi-Iraqi relations have witnessed reciprocal visits between presidents and ministers during the past two years, most recently an Iraqi delegation, headed by Adel Abdul Mahdi, the Prime Minister of Iraq, last April in Riyadh where 13 agreements and memoranda of understanding were signed between the two countries.


War lie defense statement: Abadi won the US Order of Merit before the Ghanami
31/07/2019 Baghdad: 

The legal expert Tariq Harb revealed on Wednesday that Brigadier General Kazem al-Abadi received the US Order of Merit in 1955 before the Iraqi Army Chief of Staff Lieutenant-General Othman Al-Ghanmi.
Harb said in a statement to the "News" that "the statement of the Ministry of Defense today, which included the granting of Lieutenant General Osman al-Ghanmi, the chief of staff of the Army and the Order of Merit American statement and said that the team Osman is the first Iraqi to get the US Merit of Merit was not preceded by another Iraqi and this is not true" .
"The Othman team is the second and not the first, as stated in the statement of the Ministry of Defense today that the pilot pilot or the so-called air leader in the royal era was awarded the American Order of Merit in the last month of 1955 after a tour spent in US military facilities for three So that the US medal awarded to the Air Force Commander in 1955 the leader of the air Kazem Abadi was before giving this medal to the team Othman corner more than sixty years.
He explained that "Osman was not the first as stated in the statement of the Ministry of Defense today, but was preceded by dozens of years, leader Kazem Abadi, enough to make sure to review the Baghdadi newspapers issued before the day 12/25/1955 and ensure the American side so please ask the Ministry of Defense to correct its statement The leader of the air Kazem Abadi, who got this medal before the Ghanami team.

Construction: Washington wants to impose a tutelage on Iraq by the law on the prevention of stability

 July 31, 2019 29 visits
Baghdad / SNG - The construction coalition held a press conference in the media center of the House of Representatives in the presence of a number of MPs of the coalition
MP Ahmed al-Asadi said in a statement released today by the construction coalition that it
The media has circulated in the past days news of the introduction of a bill by the US House of Representatives, bearing the title (prevent the destabilization of Iraq), and we as representatives of the Iraqi people declare our rejection of this blatant interference in the internal affairs of Iraq through the new American commandments the House of Representatives is trying to pass under Open justifications.
Al-Asadi stressed during the conference that we renew our rejection of all American interventions in Iraq's internal affairs, especially with regard to sovereign issues, and we will not allow any foreign state or institution to override Iraqi sovereignty.
We believe that the draft of this law and these attempts is a new pressure card through which these parties are trying to arm the government and the ethnic parliament, and therefore we warn the Iraqis of the danger of what is being woven into the scenes and public on these issues.
We call on all Iraqi legislative and executive bodies, as well as political, popular and social actors, to take a stand rejecting this move, which threatens the Iraqi state first and establishes the destabilization of Iraq.

Mr. Ammar Al-Hakim calls for investing the summer vacation to improve the educational level

Editorial date: 2019/7/30 11:07 • 90 times scheduled
(Baghdad: Al-Furat News) The head of the National Wisdom Movement, Mr. Ammar al-Hakim, stressed the deterioration of the educational reality in the country.
"Education is the cornerstone of the comprehensive development of all countries," said Ammar al-Hakim in a statement received by Al-Furat News. "Today, we are witnessing a clear decline in the educational level of our students. This is evidenced by low success rates. In the country a responsibility of solidarity falls on everyone, a state, government and institutions as well as society. "
"We hope all institutions and community events will invest the summer holidays to contribute effectively to improving the scientific level of our students," he added. 

Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER

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GLOBAL/NEWS/INFO


Today in History
Today in History

Read in ABC News: 
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10 Things to Know for Today
Among 10 Things to Know: 2nd Democratic debate will be some candidates' last chance to shine; Experts say check emergency plans after California festival shooting; Capital One target of massive data breach

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https://apple.news/APHt30v8rRfKeK5VZLZaWqQ


Global Debt Outlook: A More Stable Second Half Could Stem The Tide Of Slower Growth
Global growth, as we expected, continued to slow, and policymakers responded by moving toward easier monetary conditions in almost every major global economy.The US economy has been slowing down, but from quite high levels. In our view, it's moving toward its potential level of just below 2%.As we expected, the first quarter was mired in further data weaknesses for Asian emerging markets (EM) despite some stabilization in China.The EM economies of Latin America have underperformed growth

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Next IMF head must be 'ready to go to war' – trade and currency, strategist says
The next head of the International Monetary Fund (IMF) will have to deal with trade wars, currency manipulation and new digital currencies, a strategist told CNBC Monday.

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OIL/COMMODITIES/ENERGY



The Fed Is Meeting This Week. Here’s What It Means for Gold.
With Fed Chairman Jerome Powell already signaling the central bank plans to lower its federal funds target, gold could look more attractive for investors worried about wealth preservation.

Read in Barron's: 
https://apple.news/A7JNGHYMGQ1uKkbEqXzU_fA


Gold Prices Rise Ahead of Expected Rate Cut
Commodities Jul 30, 2019 04:44 GMT 
Investing.com - Gold prices rose on Tuesday in Asia ahead of an expected rate cut by the U.S. Federal Reserve. Gold futures for August delivery on the Comex division of the New York Mercantile Exchange rose 0.3% to $1,424.30 by 12:45 AM ET (04:45 GMT). Markets widely expect the Fed to cut rates by at least 25 basis point this week. Some traders previously speculated the central bank to slash rates by 50 basis points, but chances of that happening dampened after

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Oil loses ground on pessimism over U.S.-China trade talks
By Bozorgmehr Sharafedin LONDON (Reuters) - Oil prices weakened on Monday amid pessimism over U.S.-China trade talks and the prospect of slower economic growth globally that could reduce demand for crude. Brent crude futures were down 33 cents at $63.13 a barrel by 
1102 GMT. Prices rose 1.6% last week. U.S. West Texas Intermediate crude was down 16 cents at $56.04 a barrel. WTI gained 1% last week. Economic growth in the United States slowed less than expected in the second quarter with a boom

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Oil prices struggle to gain altitude as investors weigh world’s ability to absorb crude
Oil futures head lower Monday as crude investors weigh the health of the global economy and its impact on energy uptake.

Read in MarketWatch: 
https://apple.news/AoPqnIfTvRhSh6ehVrut6jg


Oil Prices Drop After Meeting on Iran Nuclear Deal, Growth Jitters Continue
Commodities Jul 29, 2019 11:06 GMT 
Investing.com - Oil prices traded lower on Monday after an emergency meeting in Vienna regarding Iran's nuclear compliance and concerns over weakening demand took the bite out of bulls. New York-traded West Texas Intermediate crude futures fell 15 cents, or 0.3%, to $56.05 a barrel by 7:00 AM ET (11:00 GMT), while Brent crude futures, the benchmark for oil prices outside the U.S., dropped 32 cents, or 0.5%, to $63.05. Senior Iranian nuclear negotiator Abbas

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Oil Prices Gain Amid Prospects of First U.S. Rate Cut In a Decade
Commodities Jul 30, 2019 05:14 GMT

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METALS-Copper steady before U.S.-China trade talks, data deluge
* GRAPHIC-2019 asset returns:

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BANKS/BANKING/CREDIT


Is It Becoming More Difficult To Raise Inflation?
The short answer is no.Imagine if the Fed could raise demand at 8% or 10%/year, and yet inflation stayed close to 2%. Living standards would soar.If you want slightly higher inflation, then create slightly higher growth in demand, aka NGDP.

Read in Seeking Alpha: 
https://apple.news/AEuG6RVEGSPmP5P32UhHoqg


Exclusive: Hack Breaks Your Visa Card’s Contactless Limit For Big Frauds
A hack on Visa contactless could let opportunistic crooks drain accounts with a single tap and they don’t even need to steal the credit card. And it may have ramifications for Visa cards across the world.

Read in Forbes: 
https://apple.news/ApSwDF85fRFWKmn7ObxufMA


Why you shouldn't use your $1080 tax cut to pay off your credit card
Scott Pape, also known as the Barefoot Investor, fielded a question from a reader about how to wisely invest a tax refund. He explained why paying off the credit card shouldn't be the top priority.

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The best credit cards with travel insurance of 2019
Paying for your vacation with the right credit credit card can alleviate your travel nightmares, at no extra cost to you.

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https://apple.news/AEdKAKRCEQ66IJi-HX8B8rg


Citi is making its trendy metal Prestige card even heavier, but its design comes second to benefits like a fourth night free on hotel stays
A heavy, metal design has become almost a must for high-end credit cards, from the Chase Sapphire Reserve to the American Express® Gold Card. The Citi Prestige Card had a metal design before, but it's been updated to be even heavier: 18 grams, up from approximately 12 grams. The card's benefits, like a fourth night free on paid hotel stays, won't be changing, but it's clear that the metal credit card trend isn't going away anytime soon. The Citi Prestige Card is getting a design upgrade. The

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TREASURIES/BONDS/STOCKS


The markets will likely react badly to Fed rate decision, strategist saysThe Fed's two day meeting will kick off Tuesday with a decision on interest rates to come on Wednesday afternoon. Kathryn Rooney Vera, chief markets strategist at Bulltick Capital Markets, and Michelle Girard, chief U.S. economist at NatWest Markets, join "Squawk Box" to discuss.

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https://apple.news/AZR60ZL3MSM6lpb9-RA5IoQ


Wall Street awaits interest rate decision from Federal ReserveRJ Gallo of Federated Investors and Michelle Girard, chief U.S. economist at NatWest Markets, join "Squawk Box" to discuss the big week ahead in Fed news.

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https://apple.news/AwNepRIVNTGu3AyNqjum-0A


Here’s Why Stock Market Predictions Are Usually WrongWelcome to the wild and crazy world of Wall Street predictions. They are a dime a dozen, and worth even less.

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Top 5 Things to Know in the Market on Tuesday
Economy Jul 30, 2019 09:43 GMT 
Investing.com - Here are the top five things you need to know in financial markets on Tuesday, July 30: 1. Fed kicks off meeting; consumer, housing data on tap The Federal Reserve kicks off its two-day policy meeting on Tuesday with expectations for the U.S. central bank to cut rates for the first time in more than a decade. With a quarter-point cut priced in, markets will likely focus on Fed Chairman Jerome Powell’s indications for the future path of monetary

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Day Ahead: Top 3 Things to Watch
Stock Markets Jul 29, 2019 19:22 GMT 
Investing.com – Here are the top 3 things that could rock markets tomorrow. 1. Apple (NASDAQ:AAPL), AMD Earnings on Deck Apple (NASDAQ:AAPL) delivers fiscal third-quarter results Tuesday after the closing bell, closing the curtains on the quarterly earnings season for big tech. Apple (NASDAQ:AAPL) is expected to report earnings of $2.09 a share on revenue of $53.3 billion, down from $2.34 in earnings on revenue of $53.3 billion a year ago. As well as the

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CRYPTO'S / DIGITAL CURRENCY

This Week in Cryptos: Venezuela Uses Cryptos Shield to Block US Sanctions While Circle Goes Global
Key highlights Venezuela takes cryptos to fight the US Circle goes global Robinhood raises $323 million Trouble for Tron continues SEC issues second no-action letter Venezuela takes cryptos to fight the US It is believed that Venezuela and Maduro regime has been trying to escape U.S. sanctions by collecting taxes from airline travelers and then converting the fiat to BTC, sending it to international regime accounts in countries like Bulgaria, Russia, and China in exchange for their fiat. The

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Crypto-Focused Finance App Aximetria Wins License From Swiss Regulator
Aximetria, a firm offering a personal finance app for fiat and cryptocurrencies, has been awarded a financial intermediary license in Switzerland.

Read in CoinDesk: 
https://apple.news/AeRalh9MPR7Oru2Eji38-Tg


Bitcoin Bears Grow in Strength and Eye New Lows - Bitcoinist.com
The bitcoin price correction appears to be deepening as the bears ramp up the pressure and the selloff continues. There has been no attempt at recovery from the weekend rout that resulted in BTC losing another thousand dollars. Bitcoin Flash Crashed But Remains Flat Aside from one extended wick in a flash crash on the hourly chart touching $9,120, bitcoin has remained flat for the past 24 hours. Following the big dump on Saturday BTC has consolidated around the $9,450 level and is currently

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CURRENCIES

Dollar Pressing Against Key LevelsThe dollar gained against most of the world's currencies last week.The dollar is testing key levels against other major currencies that could signal a technical breakout.With one exception, the dollar has spent June and July bouncing between JPY107 and JPY109.The pound closed below $1.25 last week for the first time in nearly two and a half years. The underlying dollar strength, the prospect of a no-deal Brexit, and anticipation of more dovish BOE rhetoric took its toll.

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Dollar Near Two-Month Top After US GDP Boosts Yield AppealThe dollar held firm on Monday, staying near a two-month high against a basket of currencies after better-than-expected US GDP data last week boosted its yield attraction against rival currencies.

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Dollar Lifted By US GDP, Eyes Fed And Trade Talks, Pound Tumbles On No-Deal Brexit Risk | Action ForexUS dollar at 2-month peak on US GDP beat, doubts about aggressive Fed easing cycle Cautious start to big week for central banks and US-China trade talks Pound tumbles to 28-month low as new UK PM sets ground for no-deal Brexit Dollar holds firm ahead of Fed The US dollar held onto Friday’s gains at […] The post Dollar Lifted By US GDP, Eyes Fed And Trade Talks, Pound Tumbles On No-Deal Brexit Risk appeared first on Action Forex.

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Pound Slumps to Lowest Since 2017 as No-Deal Brexit Risk FlaresThe pound slid to its lowest level in more than two years and gilts rallied as U.K. Prime Minister Boris Johnson stepped up preparations for a no-deal Brexit with just about three months left until the nation exits the European Union.

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Prospects Of A No-Deal Brexit Weigh On SterlingWhile it is not expected to take fresh initiatives, there is some speculation that Governor Kuroda could reinforce the forward guidance.The new UK government wants to show its determination to leave the EU without a deal in less than 100 days to bolster its negotiating position with the EU.The US dollar is inside its pre-weekend range against the Mexican peso, which was inside the range from July 25.

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Swiss National Bank looks to have restarted currency interventionsBy John Revill ZURICH (Reuters) – The Swiss National Bank looks to have kick-started its forex purchases again — firing a warning shot to investors who have bought the safe-haven currency and pushed it to two-year highs against the euro. Sight deposits — a proxy for the central bank’s interventions — rose by 1.7 billion...

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Forex - Yen Little Changed After BOJ Keeps Monetary Policies Unchanged as ExpectedForex Jul 30, 2019 03:36 GMT Investing.com - The Japanese yen was little changed on Tuesday in Asia after the Bank of Japan kept its monetary policies unchanged. The central bank kept its short-term interest rate at -0.1% as expected. It also promised to keep the current ultra-low rates “for an extended period of time, at least through around spring 2020.” Bank of Japan governor Haruhiko Kuroda will explain the central bank’s decision later in the afternoon. The USD/JPY pair last traded at

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HEALTH / SCIENCE


U.S. Marks World Hepatitis Day with Outbreak
July 28, 2019 The United States marked World Hepatitis Day on Sunday, July 28, amid an ongoing outbreak of the Hepatitis A virus. The national outbreak started in August 2017, with the first reported cases found in Kentucky. Since then, it has reached states across the country, infecting more than 22,000 people and resulting in 13,000 hospitalizations, according to the Centers for Disease Control and Prevention. Kentucky has been hit the hardest, with 4,777 people infected as of July 2019. Ohio

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https://apple.news/AwzzAi3qgQdKxmlnbaLdH-Q


U.S. Marks World Hepatitis Day with Outbreak
July 28, 2019 The United States marked World Hepatitis Day on Sunday, July 28, amid an ongoing outbreak of the Hepatitis A virus. The national outbreak started in August 2017, with the first reported cases found in Kentucky. Since then, it has reached states across the country, infecting more than 22,000 people and resulting in 13,000 hospitalizations, according to the Centers for Disease Control and Prevention. Kentucky has been hit the hardest, with 4,777 people infected as of July 2019. Ohio

Read in Newsweek: 
https://apple.news/AwzzAi3qgQdKxmlnbaLdH-Q


Research links some drugs to dementia risk
A recent study found some common drugs could increase the risk of dementia or dementia-like symptoms. The study discovered a nearly 50% increase in odds of dementia in people 55 and older who took anticholinergic medications. That type of drug is used to treat a wide range of conditions, including depression, symptoms of Parkinson’s disease, bladder control and insomnia. Dr. Tara Narula joins "CBS This Morning" to discuss the new research and potential risks.

Read in CBS News: 
https://apple.news/A9vBapo3mQqmoHjFYvRLsEQ


A small group of patients drives high health care spending, fueled by drug costs
A very small group of patients with major illnesses is responsible for an outsized share of health care spending, and new data show that prescription drugs are a big part of the reason their bills are so high.

Read in Axios: 
https://apple.news/AVljGPEhfQi685GwwvosHUw


How To Take Care Of Yourself When Your Parent Is Dying
Losing a parent feels insurmountable at any age. Our series helps you face it― from the practical logistics to the existential questions about death anddying today.When a parent receives a terminal diagnosis, it can instantly sweep you intocaretaking mode ― chauffeuring to doctor appointments, picking up medications,keeping a positive attitude, running errands and doing anything you can tokeep your loved one comfortable.But it's important not to forget yourself in the process."When your ...

Read in HuffPost: 
https://apple.news/Ab95Y0odyQReSfSG3v9O3xA



USA / CANADA

Trump hits the Fed again ahead of rate decision this week
President Trump lashed out at the Fed ahead of its July meeting, criticizing it for what he sees as overly restrictive interest rates.

Read in CNBC: 
https://apple.news/AolldZ7XiQBiGIHChBKB_Lw


Trump banks on Federal Reserve and China to fuel 2020 economy
President Trump is counting on the Federal Reserve and renewed trade talks with China to help power the U.S. through an economic obstacle course that could impede his path to reelection.

Read in The Hill: 
https://apple.news/AoLfNEy3SSTauV5E8CWXnNQ

Trump threatened to classify Antifa as a terrorist group. Germans hit back
President Donald Trump's threat to label anti-fascism protest movement Antifa a terrorist organization has prompted a backlash in Germany, where thousands of social media users have pledged solidarity with the group.

Read in CNN: 
https://apple.news/A5A4mrBt8TsWqPZpsGI6wLA

EMERGING MARKETS

Venezuela accuses US of another airspace violation 1 week after scrambling jet to shadow spy plane
Caracas has accused the US of another airspace violation, just a week after Washington, in a similar incident, blamed Venezuela for ‘unprofessionally’ approaching and ‘aggressively’ shadowing its spy plane over the Caribbean.

Read in RT News: 
https://apple.news/AD2zsteu1Q92FIiwMwW3t2w


Russian foreign ministry has occasional contacts with Venezuelan opposition: RIA
Russian officials are in contact with representatives of Venezuela's opposition leader Juan Guaido, RIA news agency reported on Monday, citing Russia's Ministry of Foreign Affairs.

Read in Reuters: 
https://apple.news/AmaYZa4GMR_ek8ELit2yk3g


Mexican president says country is not in recession
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Monday the country was not in recession and that the economy was performing increasingly well, rejecting concerns that it may have contracted for two consecutive quarters. Mexico's national statistics agency is on Wednesday due to publish a preliminary estimate for the economy's performance during the second quarter. The economy contracted by 0.2% quarter-on-quarter in the January-March period. (Reporting by Dave

Read in Business Insider: 
https://apple.news/AajYpoljiSM2aO9pjyweEpA


Honduras, El Salvador Expected to Follow After Guatemala, Mexico Make Immigration Deals With Trump
Acting U.S. Secretary of Homeland Security Kevin McAleenan shakes hands with Interior Minister of Guatemala Enrique Degenhart as U.S. President Donald Trump looks on after they signed a safe third country agreement in the Oval Office of the White House in Washington on July 26, 2019. Shortly after overseeing the signing of a “safe third country” asylum agreement with Guatemala at the Oval Office on July 26, President Donald Trump told reporters that he expects to soon sign similar deals with

Read in The Epoch Times: 
https://apple.news/AAfbAJyfnQsqlhRdeXCOegQ


Mexico Volcano Erupts
Mexico's #Popocatepetl volcano spews gas and ash into the air. Some 25 million people live about 60 miles (100km) from the crater (Source: TicToc)

Read in TicToc by Bloomberg: 
https://apple.news/AvYUeljNrR2eeMqXS4vFVvw

Puerto Rico's next in line for governor doesn't want the job
With ongoing economic issues, hurricane recovery and a struggle with corruption, the next governor of Puerto Rico will be tasked with dealing with a lot of serious problems.

Read in Fox News: 
https://apple.news/ADTlsn_caTES5jy1dBf2cGQ

MIDDLE EAST


Iran and JCPOA members hold emergency Vienna talks
CNBC's Hadley Gamble reports.

Read in CNBC: 
https://apple.news/AVPhv0cuwTDi4mh7VcpzOFQ


Iraq making efforts to attract foreign oil and gas investments
Iraq’s government wants to see a big increase in oil production. Oil and natural gas make up 90 percent of the country’s revenue. But years of war and new environmental challenges are making it difficult to attract vital international investment. Al Jazeera's Osama Bin Javaid reports from the Majnoon oil field near the Iranian border.

Read in Aljazeera: 
https://apple.news/A8gsITSU2PUudfFZRnwknCQ


Iraq's oil and gas industry aims to be energy independent
Years of war and instability have damaged Iraq's gas and oil infrastructure, leaving it dependent on energy imports, despite having huge reserves. Now it wants to turn that around, with help from overseas investment. Al Jazeera's Osama Bin Javaid reports from Zubayr.

Read in Aljazeera: 
https://apple.news/Aq-G12RtWO_WaOje9MDOgTg

New video from Iran shows Guard warning away UK warship
Iran's Revolutionary Guard releases new video showing seizure of British-flagged tanker earlier in July

Read in ABC News: 
https://apple.news/AktfQg6eBRQ--7UMXwaXi2Q


Iran calls European fleet in the Gulf 'hostile' and 'provocative'
Iran denounced as "provocative" a British proposal for a European-led naval mission to escort tankers in the Gulf amid soaring tensions over the seizure of ships. The condemnation on Sunday came as a Royal Navy warship arrived in the Gulf to accompany British-flagged ships passing through the vital Strait of Hormuz. The HMS Duncan joined the Frigate HMS Montrose in the Gulf to defend freedom of navigation, Britain's ministry of defence said on Sunday. "We heard that they intend to send a

Read in Aljazeera: 
https://apple.news/ADoyvDVg8MmW_zJQgloNMyw



AFRICA

Zimbabwe: Power Shortages - Econet Looks to Solar for Salvation
Telecommunications behemoth, Econet Wireless is scouring the global financial markets for US$60 million to transform its infrastructure and turn it into renewable energy complaint as it seeks to shield itself from Zimbabwe's crippling power shortages. A week ago, Econet's system went down due to power shortage plunging the local financial system into chaos. The technical glitch led to a public outcry, given its near monopoly in the local financial system through its mobile transfer system

Read in AllAfrica: 
https://apple.news/Aan1WJ4D7M5WAQ1NW8Mm7QA


Zimbabwe: Low Tobacco Prices Hit Farmers Hard
The Zimbabwe Tobacco Association (ZTA) has blamed low prices for the golden leaf on local auction floors on the poor quality of the crop and inconsistent government policies. The industry says the country is recording the lowest prices in close to a decade during this year's marketing season, putting the future of farmers in jeopardy. Prices fell by an average of 32% to $1,98 per kg from $2,92 per kg recorded last year. ZTA chief executive Rodney Ambrose said the drought during the past

Read in AllAfrica: 
https://apple.news/A2SAcb_3mNl-dAGQ22DA2GQ


Zimbabwe: Why ED Likes Foreign Visits
My Dear People, Let me start off by clearing the air on one of the most puzzling issues in Zimbabwe. The mystery surrounding the unending trips by ED Lacoste, which must rank as the most useless or unproductive trips of all time. A member of his delegation recently whispered to me that even the head of the Lacoste gangsters, ED, can no longer stand life in Zimbabwe. My spies in the inner circle say he has reportedly been heard whispering to others confessing he has made an absolute dog's

Read in AllAfrica: 
https://apple.news/AJ8TS5-v7PBmqLepqYoMOdg


Zimbabwe: Brace for Higher Electricity Tariffs - Ncube
(Photo: The Herald) Zimbabweans have no choice but to expect higher electricity tariffs if power utility Zesa is to continue to be able to supply the commodity, Finance Minister Professor Mthuli Ncube has said. Ncube told a Confederation of Zimbabwe Industries forum in Victoria Falls recently that the pain citizens are going through, including high electricity tariffs, is necessary for the country to achieve its agenda 2030 for an upper middle income economy. The Treasury chief however appealed

Read in AllAfrica: 
https://apple.news/AeFDE5emNMt-WB39g0PZ_cg


Zimbabwe crisis deepens under President Emmerson Mnangagwa | DW | 29.07.2019
Inflation in Zimbabwe has spiked at 175%, with fears of a return to the conditions of 2008, when the country recorded the world's highest rate for the year — with the percentages for some months in the hundreds of millions. The costs of living have once again become unbearable for most ordinary people. Food is more expensive, and aid organizations are expecting acute shortages as a result of crop failure after Cyclone Idai in March. "Politicians have failed us. Our economy is down. There are no

Read in DW: 
https://apple.news/At_gPTrFeOqGFhLLOMdkgfw


ASIA


Wall Street Breakfast: U.S.-China Resume Trade Talks
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 
8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify (click the highlighted links). Negotiators for the U.S. and China are facing off in Shanghai this week in another attempt to piece together a trade accord. While there are much lowered expectations for the kind of sweeping deal that appeared within reach this spring, modest wins might be obtainable. Those include U.S. insistence that China commit to legal

Read in Seeking Alpha: 
https://apple.news/AdD938KsIQMOhcaUvttpQ6w


Impact Of US-China Tech Cold War On Silicon Valley: A Split Sinks In
China's Silicon Valley is growing farther apart from the original along Sand Hill Road as US-China trade and tech tensions sink in.

Read in Forbes: 
https://apple.news/A7laMZdlqSvGhOcZKxkYUfA


China condemns HK violence, reiterates support for Lam, police
China's central government on Monday reiterated its support for Hong Kong leader Carrie Lam, as well as the city's police, and called on Hong Kong people to oppose violence following another weekend of clashes between protesters and police.

Read in Reuters: 
https://apple.news/AYDO0KHwdRA2K9xHbxJNndw


US companies are increasingly interested in China's big import event
American companies remain keen on tapping business opportunities in China, despite trade tensions between the two countries.

Read in CNBC: 
https://apple.news/A9uM5xMELR--t5B4B7OqxTQ

China hits back at Donald Trump’s ‘absurd’ criticism of its WTO developing country status
China has hit back at US President Donald Trump’s criticism of China’s developing country status at the World Trade Organisation, bringing another dispute between the world’s two countries to the surface as Chinese and American trade negotiators prepare…

Read in South China Morning Post: 
https://apple.news/AxH-wOMgQQd6EbaknvsG1lg


Vietnam's Star Rises
Vietnam has emerged as one of the fastest-growing countries in the East.Vietnam's real GDP growth was 7.1% in 2018, the highest growth rate in more than a decade and only beaten by India in the region.This economic expansion is mainly driven by Vietnam's transformation into a global manufacturing hub.Traditional sectors such as textile and clothing are still important to the Vietnamese economy, but the mix of exports is becoming more diversified.

Read in Seeking Alpha: 
https://apple.news/Ay69SpIVaTHKzjoS7OYHOHw


New tropical storm threatens China and Vietnam
An area of low pressure is forming over the South China Sea, with the possibility of becoming a tropical storm, or even a typhoon by midweek. The weather system has been gaining momentum, moving towards the south coast of China and bringing torrential downpours. Should it strengthen into a tropical storm, it will be called Wipha. The western areas of Luzon island in the Philippines, including the capital, Manila, will be battered by strong, gusting winds and heavy rain into midweek. If the storm

Read in Aljazeera: 
https://apple.news/A0W6WBRs1MKustXpzA5VovQ

Japan says economy could slow on weakening global demand
Japan's government slashed its economic growth forecast for this year largely due to weaker exports, in a sign the protracted United States-China trade war is taking a bigger toll on the world's third-largest economy. But the forecast, which serves as a basis for compiling the state budget and the government's fiscal policy, was still nearly twice as high as private-sector projections. The economy is now expected to expand 0.9 percent in price-adjusted real terms in the fiscal year ending March

Read in Aljazeera: 
https://apple.news/AoumlLZ3vPpqINrZOD3xT8g


Top diplomats gather in Bangkok for key Asia-Pacific talks
Top diplomats from the Asia-Pacific region have begun gathering in the Thai capital Bangkok to discuss issues of concern to the area, including security on the Korean peninsula and China's territorial claims in the South China Sea

Read in ABC News: 
https://apple.news/AmQBBb0p4RcStzp9VFGj_bA


EUROPE


EU signals tighter financial market access after Brexit
Britain will not automatically have direct access to the European Union's financial markets after Brexit, even if it meets all the conditions set out by Brussels, under an EU policy document published on Monday.

Read in Reuters: 
https://apple.news/A4gOeDo9mQ0ubxB9CbvsXyA


Brexit marketing campaign will tell Britons to prepare for no-deal
Boris Johnson, the UK's new Prime Minister, is using his first days in office to send a clear message to a nation that has spent three years stuck in Brexit limbo.

Read in CNN: 
https://apple.news/Ame3UZQ4IQDSagUuwMgSSzw


British PM Johnson tells EU: Ready to talk Brexit when you shift position
British Prime Minister Boris Johnson has told EU leaders he will sit down for Brexit talks when they indicate that they are ready to shift position on the divorce deal, otherwise Britain will prepare for leaving without an agreement, his spokeswoman said.

Read in Reuters: 
https://apple.news/An8Mac5HRSzC4gGTvAFU-qA


UK plays Brexit hardball with 'stubborn' EU, pound falls to a two-year low
By Guy Faulconbridge and Elizabeth Piper LONDON (Reuters) - Sterling hit a two-year low on Monday as Prime Minister Boris Johnson's government said it now assumed there would be a no-deal Brexit because a "stubborn" European Union was refusing to renegotiate their divorce. Many investors say a no-deal Brexit would send shock waves through the world economy, tip Britain's economy into a recession, roil financial markets and weaken London's position as the pre-eminent international financial

Read in Business Insider: 
https://apple.news/Aoyfty_7YQ6qHtXex4Ogh7w


UK PM Johnson Pushes Hard Brexit Stance, Pound Slumps to 27-Month Low vs. Dollar
The pound tumbles to a fresh two-year low against the U.S. dollar Monday after Prime Minister Boris Johnson said he wouldn't resume Brexit talks with the European Union until it shifted its stance of the Irish border issue. The pound tumbled to a fresh two-year low against the U.S. dollar Monday after Prime Minister Boris Johnson said he wouldn't resume Brexit talks with the European Union until it shifted its stance of the Irish border issue. The comments, which followed weekend reports that

Read in TheStreet: 
https://apple.news/ANfFBYXuyQ8CLCnp-FEWgaw
d


CBI, ISX, Kauaihn Chatter:





CBI Update:
The CBI for Wednesday 7/31/19 did update on the indicative rates Sell Rate 1190
The currency auction is 255,909,450
There are no news and announcements.

ISX Update:
Click on the link above for latest update.
Value Traded:
Shares Traded:
ISX ended in Green

Kauaihn Chatter:dd
http://www.dinarguru.com/
7-31-2019   Intel Guru Frank26  They have talked about the ATMs before on the news...but today this was the first time they went out and they were giving more options on the ATM machines and even said the ratio of ATMs in the country that started back in 2017 that there were 611 ATM machines back then but now they're telling the citizens that there are thousands of these new ATM machines including 356 alone in Baghdad...
7-30-2019   Newshound/Intel Guru Mnt Goat   As we exit July, we still do not see any reinstatement of the Iraq currency. But we know it is very close at hand and I believe maybe even being held up for some reason now.

7-30-2019   Newshound Guru Vital Brad
    ...with the article that came out saying they're ready to implement article 140...They're saying they're ready to pay back citizens. They're ready to pay back for lost property, lost wages, lost opportunity.  Where's the money coming from?...definitely want to pay attention to article 140...
7-30-2019   Intel Guru Frank26   They took down the picture of the governor of the Central Bank of Iraq from the CBI today...I have not vetted it yet but it's coming from a source that I trust and respect.  So with that in mind I give it to you the CBI is getting ready to make an announcement that they have a new governor.  What do you think this new governor is getting ready to make an announcement about IMO the same damn thing the IMF just told the whole world.  Iraq is of international standards and are article VIII... [Post 2 of 2]

7-30-2019   Intel Guru Frank26
   Iraqi dinar investment...it's getting more and more interesting every day... we know the IMF came out a few days ago and blatantly put Iraq in the position where they are now internationally recognized cause they are article VIII...Today Mahdi the PM comes out and says Allawi is going to become the new governor of the Central Bank of Iraq...they're preparing themselves to give you an announcement... [Post 1 of 2]

7-30-2019    Newshound/Intel Guru Dinar Investor - Jeff    A few weeks ago weeks ago an article came out that said Iraq's 2019 budget had Article 140 monies inside of it.  That's their way of telling you they had plans of changing the rate during the year of 2019 because those monies are withing the 2019 budget.  This article is important because they are telling you they are strongly ready to implement this.  I have been putting emphasis on Q4...10/1 ...walking into Q4 with a new rate in hand.   [post 2 of 2]

7-30-2019   Newshound/Intel Guru Dinar Investor - Jeff   [new Guru]  Iraq just posted a very good...important... article talking about how they are strongly ready to implement Article 140....Many people are saying that we are not close to the RV because Iraq has not implemented Article 140...that is an incorrect statement...The current constitution only goes to Article 139...the constitution will have to be amended to add Article 140 as well as the HCL to it.   [post 1 of 2....stay tuned]

7-30-2019   Newshound Guru Kaperoni   An article...stated they will have a 72 trillion dinar deficit. In other words they are building about 70 billion USD extra into the budget that is expected to be funded by foreign investment.  In order for this to succeed, they must pass the laws needed, and open the banking system (Article VIII) for this to work. There is no alternative. The next 6 months will be fun to watch...  [post 2 of 2]

7-30-2019   Newshound Guru Kaperoni  Parliament is in the process of preparing the 2020 budget. Described in the media as "the budget will be different directions next year to represent the government's economic openness to investment and increase financial resources alternative to oil" and "indicating that the budget will create a qualitative boom in the Iraqi economy through drastic changes in public expenditure and investment funds and services.Clearly this is important to the transition to a market economy...As well as they are building the expenditure into the budget for 2020. [post 1 of 2....stay tuned]
Get caught up on last night's updates below and if you are not a dinarguru.com alert list yet now is a great time to do it...It's free as always and only takes a sec...If you invested in the dinar and spend time on the site you don't want to miss something very important because you're not on the list.  Click here to get on the list now.
7-29-2019 Newshound Guru Kaperoni Article VIII is absolutely necessary to invite investors and capital to Iraq. They will not get much help rebuilding the private sector if they do not do this. Investors want to be able to get their profits out of Iraq and Article VIII is an important step to achieve this.

Elmer:
Not in today
Artmeister:
Not in today
Catnip:

************
ARTICLE 1 (from PM Mahdi's website; posted only on Arabic side, not on English side)

Decisions of the Council of Ministers in its ordinary session chaired by the Prime Minister, Mr. Adel Abdul Mahdi

The Cabinet held its regular session on Tuesday, July 30, 2019, under the chairmanship of Prime Minister Adel Abdul Mahdi.

The Council discussed several issues prepared for its agenda and voted on the following resolutions:

First: Adopting the recommendation of the Ministerial Council for Energy on the Charter of Cooperation of the oil-producing countries.

Second: Approval of the recommendation of the Ministerial Council of the Economy on contracts financed from the operational budget.

Third: Securing a sum to the Ministry of Construction, Housing, Municipalities and Public Works for the purpose of completing the Kirkuk Unified Water Project / Phase II.

Fourth: Approval of the minutes of a meeting on the Kirkuk investment project plan for 2019.

Fifth: Approval of securing an amount to the Ministry of Justice for the purpose of completing and rehabilitating prisons.

Sixth: Amend the item (I / A) of the Council of Ministers Resolution: (190 of 2019) on the evaluation of decisions and directives issued by the former Council of Ministers, later on by the Council of Ministers Resolution No. 190 of 2019 shall be the implementation of the abolition of paragraph (5) of the Council of Ministers Resolution No. 336 2018 as of 1/10/2018, and not to require the ratification of the certificate of origin and invoices in the Iraqi commercial attachés until the date mentioned above and to allow the entry of containers of meat and chicken and chunks of chickens clustered at the border crossings only after examination by the Ministry of Health and the issuance of import licenses and implement paragraph (1) Effect of the decision of the Council of Ministers No. (190) for the year 2019.

Seventh: the establishment of Mesopotamia / one of the formations of the Ministry of Agriculture to borrow from the Iraqi Bank for Trade and other banks the amount of 300 billion dinars for the purpose of payment of farmers' benefits from the barley material for 2019.

Eighth: Approve the following decision to the head of the contracting authority with the approval of the Minister of Planning: Change the beneficiary of the open documentary credit to the new contract contract which is terminated by the law and the instructions (by withdrawing the work or termination or termination by mutual consent or waiver) Banking rules.

Media Office of the Prime Minister
30 July 2019

*************
ARTICLE 2 (from Government of Iraq twitter account)

A very warm welcome to the teams competing in the ninth edition of the West Asian Football Federation Championship 2019. We wish them, their supporters and all our guests a great tournament and an enjoyable stay in Iraq ����⚽ #9thWAFFMen

*************
ARTICLE 3


Al-Abadi coalition: Iraq will face a financial crisis that will have social and economic repercussions


31.07.2019

Al-Nasr coalition led by Haider al-Abadi said on Wednesday that the current unchecked spending will put the country in front of a deep and complex financial crisis, which will have serious repercussions on the social and economic situation.
"The International Monetary Fund (IMF) warning on July 30 was in line with our expectations of the current fiscal policy, which we have repeatedly warned against, and that the potential for stability and economic growth is threatened by an increase of 25 percent annually, which threatens sustainability," MP Ali al-Sunaid said in a press release. Financial statement.
"Abadi's government, which inherited a financial collapse in 2014, fought wars, faced social, security and economic emergency crises with empty treasury, managed to keep the economy from collapsing and the country lost its liquidity and achieved a surplus of $ 18 billion in 2018, Public spending, raising spending efficiency, taking into account the priorities of spending and its areas, and planning to make spending productive to ensure sustained economic growth. "
The Iraqi MP pointed out that "the warning of the International Monetary Fund is a serious warning to the government to listen to him, and that the chaos in financial policy will lead to catastrophic repercussions," adding that "the victory coalition vision integrated to ensure a rational financial policy to promote the growth of the economy and prevent the nearness of dangerous borders "He said.
"Mobilizing domestic financial resources and implementing a strategy of financial inclusion, capital market development, debt instruments and the expansion of microfinance are steps we adopt as part of the country's economic growth strategy."
The International Monetary Fund had warned Tuesday Baghdad to continue what he described as "extravagance" current. "Iraq's budget for the current year, if current spending continues as it is, will eliminate any progress Iraq has made economically over the past years," the IMF said
*************
ARTICLE 4

Kurdish deputy calls for regional ministers to develop constitutional solutions to end the oil problem
2019/7/30 17:26
[Baghdad-where]

MP Bakhtiar Shaways called on the ministers of the region to develop constitutional solutions to end the oil problem.

This came during his visit to the Kurdistan Regional Government's new cabinet in Erbil, where he met with Minister of Agriculture Bajrad Talabani, Shurach Ismail, Minister of Peshmerga, Dara Khoshnao, Minister of Planning, Mohammad Hama Saeed, Minister of Culture and Wa'aram Mohammad Qadir, Minister of Higher Education.

The Shaways in a statement, received [in] a copy of it, "the need for cooperation between the Kurdish deputies in the House of Representatives and the ministers of the new provincial government, wishing the new ministers," Al-Mufqiya in the government's ninth cabinet of the Kurdistan region. "

He added that "during the meeting discussed ways to strengthen relations between the Kurdish deputies and the authority of the region, especially in the issues that concern economic problems and oil to develop constitutional solutions to them according to the law."

*************
ARTICLE 5

The United States grants the Gnome Medal for the first time to an Iraqi officer in the history of the state
2019/7/30 18:00
[Baghdad-where]

Osman al-Ghanmi and the Order of Merit High, while confirming that the medal is given for the first time to an Iraqi officer since the establishment of the Iraqi state.

The Ministry of Defense announced on Tuesday that the United States gave the Iraqi army chief of staff, Lieutenant General Osman al-Ghanmi, the Order of Merit High, while confirming that the medal is given for the first time to an Iraqi officer since the establishment of the Iraqi state.

"The United States has been awarded the Order of Merit High for the Army Chief of Staff, for its outstanding and impressive achievements to serve the brave Iraqi army in its fight against terrorism," the ministry said in a statement received by the All Iraq News Agency. By the US Senate. "

"The medal is one of the two US military medals worn on the neck and one of the highest honors by high-ranking leaders. In 1942, the president of the United States authorized Congress to award the Order of Merit and Merit to top military commanders in the world."

The ministry said that "this honor comes in recognition of the successful process of giving, efforts and perseverance presented by the Chief of Staff of the Army to serve the military establishment." The medal is given for the first time to an Iraqi officer since the establishment of the Iraqi state.

*************
ARTICLE 6
Iran Cabinet Approves Plan to Slash Four Zeros From Currency
July 31, 2019, 4:13
AM EDT
Iran’s cabinet has approved a plan to slash four zeros from the national currency, the rial, the official Islamic Republic News Agency reported Wednesday, citing government spokesman Ali Rabiei.The redenomination of the currency has been discussed for years as the rial’s value has plummeted. Rabiei did not specify whether the plan requires parliamentary support or when it would take effect.