Monday, July 29, 2019

Fwd: WOTS Monday 7/29/19

Fwd: WOTS Monday 7/29/19

WOTS Monday 7/29/19
 
Forex Rates
 
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  0.0000  0.0000 1180.7000 1177.7000 1178.1000  3.3000 00:00
 USD/VND  23207.0000  23210.0000 23207.0000 23207.0000 23207.0000  26.1200 19:14
 USD/CNY  6.8919  6.8939 6.8934 6.8780 6.8784  0.0134 04:00
 USD/KWD  0.3040  0.3050 0.3038 0.3037 0.3037  0.0001 03:40
 GBP/USD  1.2323  1.2324 1.2382 1.2321 1.2379  -0.0056 04:00
 USD/IRR  0.0000  0.0000 42000.0000 42000.0000 42000.0000  0.0000 00:00
 USD/IDR  14017.0000  14017.0000 14031.0000 13871.0000 13990.0000  26.0000 04:00
 
 
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DC NY Iraq Articles:dd

An adviser to Trump announces what Washington wants from Iraq and reveals new sanctions

In the policy of July 29, 2019 4 visits
BAGHDAD (Reuters) - US sanctions will include a number of Iraqi officials, the legal adviser to US President Gabriel Soma said on Sunday, adding that those with sanctions could resort to the Iraqi or US courts.
"The United States does not want to interfere with the affairs of Iraq," Soma said in an interview on satellite channels of the "Tigris Channel", noting that "economic sanctions come in better results than military war."
He added that "the American people and Trump do not want war with Iran," pointing out that "all indications indicate that Trump a second term."
"The United States wants to distance Iraq from Iranian influence," Soma said, noting that "Iraq is a friend of the United States and wants to keep it away from Iranian influences." 

 

IMF Concludes Consultation with Iraq

 
29th July 2019 in Iraq Banking & Finance News
On July 19, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Iraq.
An improved security situation and the recovery in oil prices have improved near-term vulnerabilities. Large fiscal and current account surpluses—around 8 and 6 percent of GDP, respectively—were recorded in 2018, allowing the government to retire domestic debt and accumulate fiscal buffers. Gross international reserves reached $65 billion by end-2018.
However, post-war reconstruction and economic recovery have been slow. Non-oil GDP rose by only 0.8 percent year-on-year in 2018 in a context of weak execution of reconstruction and other public investment. Overall GDP contracted by around 0.6 percent as oil production was cut to comply with the OPEC+ agreement.
The 2019 budget implies a sizable fiscal loosening that will reverse the recent reduction in vulnerabilities. Current spending is expected to increase by 27 percent year-on-year, in part due to a higher public sector wage bill, while revenues will be dampened by the abolition of non-oil taxes. As a result, the budget is projected to shift to a deficit of 4 percent of GDP in 2019, and reserves are projected to decline.
The fiscal and external positions are expected to continue to deteriorate over the medium term absent policy changes—with reserves falling below adequate levels and fiscal buffers eroded. Although the level of public debt will remain sustainable, gross fiscal financing needs will increase. Non-oil GDP growth is projected to reach 5½ in 2019 but subside over the medium term.
In a context of highly volatile oil prices, the major risk to the outlook is a fall in oil prices which would lower exports and budgetary revenues, leading to an even sharper decline in reserves or higher public debt. Geopolitical tensions, the potential for social unrest in a context of weak public services and lack of progress in combatting corruption pose further risks.
Executive Board Assessment [2]
Executive Directors agreed with the thrust of the staff appraisal. They were encouraged by the recent strengthening of Iraq’s economy but recognized that the country continues to face daunting challenges. Social conditions remain harsh, post-war reconstruction progress is slow, development needs are large, and institutional weaknesses are significant. Volatile oil prices and a difficult regional and geopolitical environment pose additional difficulties.
Directors encouraged the authorities to seize the opportunity presented by the improved security situation and higher oil prices to implement policies and structural reforms aimed at ensuring macroeconomic and financial stability, tackling long-standing social problems, and promoting sustainable and inclusive growth.
Directors emphasized that building a robust fiscal framework is essential to maintain fiscal and macroeconomic stability and strengthen buffers. They encouraged the authorities to adopt a risk‑ and rules-based approach to fiscal policy as part of broader reforms to manage oil revenue more effectively, reduce tendencies for procyclicality, and shift to a more growth-friendly composition of expenditure. Directors supported scaling up reconstruction and development expenditure gradually in line with improving absorptive capacity.
They underscored the need to strengthen public financial management to ensure public spending is appropriately monitored and to reduce vulnerabilities to corruption. In this context, Directors welcomed the newly adopted General Financial Management Law and encouraged its full implementation.
Directors emphasized that gradual fiscal adjustment, including containing current primary spending and boosting non-oil revenues is essential for maintaining fiscal and debt sustainability. They recommended that spending measures should give priority to containing the growth in wage bill and lowering subsidies to the electricity sector. Directors emphasized that the poorest and the most vulnerable must be protected from the adjustment process.
Directors underscored that an overhaul of the banking sector is necessary to maintain financial stability. They encouraged the authorities to restructure the large state-owned banks, enhance their supervision, and implement other reforms to increase financial intermediation. Directors highlighted the benefits of increasing financial inclusion, especially for the SME sector, which has a large potential to absorb entrants to the labor market.
Directors agreed that building public institutions and enhancing governance is key for success, and highlighted the scope for Fund capacity development to support these efforts. They welcomed progress in developing an anti-corruption framework and called for further modifications to the legal regime for combatting corruption coupled with stronger coordination between the relevant government agencies, while continuing to strengthen the framework for Anti-money laundering and combatting the financing of terrorism (AML/CFT). Directors also recommended strengthening Public Investment Management framework to ensure that spending is well directed and that donor funds targeting reconstruction are put to the most efficient use.
Directors looked forward to continued close engagement between the authorities and the Fund in the context of post program monitoring.
 
 
23:44 28.07.2019


Iraq's parliament speaker, Mohamed Halboussi, has invited Kuwait for funds that have been allocated to Iraq for a while to start using them.

US Vice President Mike Bens visits a US military base in South Korea, which lies next to the demilitarized border with North Korea

US Vice President discusses with Iraqi Prime Minister the reconstruction of Iraq
The Anatolia news agency quoted Halbusi, his invitation to Kuwait to form joint committees to study reconstruction projects in Iraq, through grants allocated at the Conference on the reconstruction of Iraq in Kuwait.

Halabousi and an Iraqi delegation to Kuwait's Amir Sabah Al-Ahmad Al-Jaber Al-Sabah met on Sunday to discuss the investment of funds allocated to Iraq at the donor conference.

Halaboussi said the visit "comes to discuss projects for the reconstruction of Iraq, especially in the areas of health and education in all provinces."

In February 2018, Kuwait hosted a conference for the reconstruction of Iraq, in which Baghdad was awarded $ 30 billion, which constituents about 34% of the country's actual needs.

According to a study by Iraqi and international experts last year, the Iraqi government estimated the actual need to rebuild the country at $ 88.2 billion over 10 years.
 
 
Emir of Kuwait to open consulate in Najaf

 
 
Monday,  July 29, 2019 AD Issue Number [14853]
 
Kuwaiti Prime Minister Sheikh Jaber Al-Sabah met with Iraqi Parliament Speaker Mohammad Halaboussi (AFP)
Baghdad: Fadel Al Nashmi
Kuwait's Emir Sheikh Sabah Al-Ahmad Al-Sabah on Tuesday opened a consulate for his country in the province of Najaf in Iraq.
 
Sheikh Sabah's directive came the day after his meeting with Iraqi Parliament Speaker Mohammad Halboussi and his accompanying delegation. Najaf Governor Louay al-Yasiri said in a statement yesterday that "the Emir of Kuwait quickly sent the opening of the consulate of the State of Kuwait in Najaf province, as well as his contribution to the construction of specialized medical centers and sophisticated, to serve visitors on the visit of forty."
 
On the other hand, the Salahuddin Governorate Council revealed the issuance of the Emir of Kuwait ordered the construction of residential cities, in 4 districts and areas of the province.
 
Al-Halbusi met with Kuwaiti Prime Minister Sheikh Jaber Al-Mubarak Al-Sabah yesterday and said in a statement issued by his press office that "the relationship between the two countries is progressing rapidly and positively." The statement said that «the meeting included a discussion of ways to invest funds allocated for the reconstruction of Iraq at the Kuwait International Conference of donors».  

 

Officers and officials, revealed the "biggest operation" of smuggling and money laundering

 
All news 29/07/2019 42
Kalgamesh Press / follow up
MP Ali Nassif revealed on Monday the involvement of officers and officials in the largest smuggling and money laundering with Anwar Al-Faris.
Naseef al-Jubouri, the owner of Anwar al-Faris, has been importing goods into Iraq for 10 years without having a file in the tax, in cooperation with well-known officers in the interior, customs and others, Nassif said in a statement received by Kalamgames Press.
"Over the past 10 years, more than $ 600 million has been transferred to the Jordanian capital Amman (Housing Bank / Diyar Ghbar Branch) with boost from the company's sales (Iraq sales)."
She added that "the government and regulators can send a committee to Oman and review the bank to confirm the authenticity of the information," noting that "the company classifies itself as the largest importer of pipes and ceramics in Iraq, while not have any activity and is lost in the register of Iraqi companies."
"The follow-up of the case will lead to the detection of all corrupt officers and officials, including a supervisory officer who participated in the coverage of this case and went to librek cases against the innocent," Nassif said.
 
 
Iraqi police announce repel an attack for "Daash" on the fields, "Olas" oil 
 
00:38 29.07.2019)

The Iraqi Energy Police announced on Sunday the repelling of an attack by the terrorist organization "Da'ash" (banned in Russia and a number of countries in the world) on the fields of Olas oil in Salah al-Din.

"Our heroes in the fields of Salah al-Din (the mountains of Aalas) and mobile headquarters are repulsing cowardly gangs," the police said in a statement published by the Iraqi newspaper Alsumaria News.

MOADH AL-DULAIMI
Five members of the police were killed in an attack on "Da'ash" in Iraq

"The gangs tried to get close to the fields, but our forearms prevented that, and they were strongly deterred," she said.

A security source reported on Sunday to repel an armed attack on the Ajil field police battalion in Salah al-Din, according to Alsumaria.

Iraq announced the liberation of its territory from the organization "calling" terrorist end of 2017, and the reconstruction of liberated areas.
 
 
 
Kauaihn Iraq Articles:dd
Information / Baghdad ..
The head of the former Electoral Commission, Adel al-Lami, on Monday, that the postponement of the local elections for the province of Kirkuk is the best solution to ensure the integrity of the elections, indicating that the postponement will give UNHCR in direct supervision with the government on the elections.
"The best solution to ensure the integrity of Kirkuk Provincial Council elections is to postpone the 20-day process in order to resolve the results of the elections in other provinces," Lami said in a statement to Al-Maaloumah.
He added that "the completion of the other provinces will enable the Independent Electoral Commission to devote full time to the province of Kirkuk and the administration of the elections Barihih without any problem and lack of numerical."
Al-Lami predicted that "the National Union will take first place in alliance with the Kurdistan Democratic Party while the Turkmen and Arab parties will compete for the remaining seats." Ending / 2

Iran allows digital currency mining

 
Release date: 2019/7/29 10:38 • 154 times read
 
{International: Al Furat News} The Iranian cabinet has agreed to engage in digital currency mining activities after the mineralization was authorized by the Ministry of Commerce and Industry.
At the meeting chaired by President Rouhani, the cabinet confirmed that the government and the banking system were not given any guarantees of the digital currency mining process and that the metal bears responsibility for these risks, stressing that the use of these currencies in domestic transactions in Iran is prohibited.
He pointed out that the mining of digital currencies, like the rest of the other industrial activities, will be covered by the tax law, while tax exemptions will be provided to the foreign currency code holders who return the hard currency to the economic wheel.
 

Son of Iraq's late Yazidi prince takes over as leader

 
 
Monday، 29 July 2019 01:29 AM
Hazem Tahsin Bek on Saturday succeeded his late father as prince of the Yazidi religious minority that was brutalized by ISIS in northern Iraq.
He was enthroned in a ceremony in Lalish, the Yazidis' holiest site in Iraq's mountainous northwest, after having been named by their five-member High Spiritual Council, which includes Baba Sheikh, their religious chief.
The new hereditary leader, a 56-year-old former deputy in the Iraqi Kurdish parliament, is in charge of running the community and cooperating with Kurdish authorities in the north and the federal government in Baghdad.
His father, Tahsin Said Ali, died last January in Germany of a long illness after almost 75 years as head of the community whose men were killed en masse and its women and girls abducted as "sex slaves" by ISIS.
Of the world's nearly 1.5 million Yazidis, the largest number - 550,000 - lived in Iraq, with smaller numbers in Kurdish-speaking areas of Turkey and Syria.
Decades of emigration have seen sizable Yazidi populations spring up across Europe too, chiefly in Germany which is home to around 150,000.
But when ISIS controlled swathes of northern Iraq between 2014 and 2017, around 100,000 emigrated from Iraq to Europe, the US, Australia and Canada.
Around 360,000 members of the minority sect still live in displacement camps scattered across northwestern Iraq.
More than 6,400 Yazidis were abducted by the jihadists who consider the community heretics, of whom around 3,500 - mostly women and girls - have returned alive.
The rest remain missing.
 
 
Joseph Danford: We have torn up a «push» and will address the causes of its emergence
 
 
History: 29 July 2019
 
The head of the US Joint Chiefs of Staff, General Joseph Danford, confirmed that there is no doubt that the strategy to expel an organization calling for his alleged succession in Iraq and Syria has worked, but that does not mean that the battle against the organization's ideology is over. General Danford met with US and other American commanders in Baghdad to discuss the next steps in the strategy to prevent the organization from returning. The US ambassador to Iraq, Matthew Toler, also met with coalition commander General Paul La Camel.
 
"We can all be proud of the progress that has been made since 2015, with regard to the urgent expulsion of Mosul, Raqqa, Falluja and elsewhere, but we also know that there is still terrorist activity by the organization through its recourse to guerrilla warfare," General Danford told reporters. The threat remains. "
 
He pointed out that «the Iraqi government requested assistance in 2015 and still need help», pointing out that «the leaders of the country do not want the return of the terrorist organization, and they want their American partners to stay, but this does not mean that the strategy will remain the same, To introduce some amendments within the new strategy related to their military presence in Iraq and Syria ».
 
partnership
 
"The effort requires a long-term partnership, and the presence of US forces reflects the need to continue the training and advise to activate the mission," General Danford said. "The mission will continue to evolve over time. Officials will assess the situation on the ground and adjust the capabilities accordingly. It is a continuous change, not a big change.
 

Iraq, Kurdistan intelligence foil largest terrorist plot of 2019

Iraq's Interior Ministry announced on Sunday that it had thwarted “the largest terrorist plot” of 2019 in the nation, in coordination with authorities from the Kurdistan Regional Government (KRG). The plot, it said, targeted multiple provinces across the country, including in the semi-autonomous Kurdistan Region.

The plan was prepared by remnants of ISIS, who intended to carry out the terrorist attacks during the Muslim holy month of Ramadan and Eid al-Fitr, in May and early June, according to Abu Ali al-Basri, head of the ministry's intelligence directorate.

“They wanted to target the Iraqi capital of Baghdad, a number of other provinces, and the Kurdistan Region as a double terrorist operation in a desperate attempt to prove their existence,” Basri told Iraq's official newspaper, al-Sabah.

“The [Iraqi security media] cell, in coordination with provincial intelligence departments, has been able to mark the terrorists and destroy them with airstrikes as well as face-to-face combat with the terrorists at other times,” Basri said.

He noted that the recent preemptive operations resulted in the arrest of “around 160 terrorists in Nineveh and more than 40 others in Baghdad.”

The Iraqi official added that security forces arrested four suspects who were "mobilized" and prepared to carry out “suicide bombings with explosive belts and the detonation of car bombs in Baghdad, Erbil, Basra and liberated provinces.”

The term "liberated provinces" refers to those of which a large percentage of territory had been previously occupied by ISIS, such as Nineveh, Salahuddin and Anbar.

Basri also praised the cooperation of the security services in the Kurdistan Region in disrupting the Ramadan plot.

On Thursday, a provincial police department announced the arrest of an alleged terrorist it said had taken part in six deadly bombings across multiple provinces over the past few years. The most severe of these, in the city of Nasiriyah, resulted in the deaths of over 80 people in an attack claimed by ISIS.

Also on Thursday, Iraqi forces at a security checkpoint in the disputed province of Kirkuk reportedly killed a family of nine after opening fire on their car at night, mistaking them for ISIS militants.

Iraq announced the military defeat of ISIS in December 2017, but remnants of the group continue to launch insurgency attacks, ambushes and kidnappings across the country.

KDP Warns of Iraq's Plan to Receive IS Families from Syria

 
BasNews 29/07/2019 - 00:09 Published in Iraq
 
ERBIL - A Kurdish political party's official in Mosul city has warned of Iraq's alleged plan to transfer a number of Islamic State (IS) families from a Syrian camp to an Iraqi one, arguing that it is like a "time-bomb."
Talking to BasNews, a Kurdistan Democratic Party (KDP) representative to Mosul city, Barakat Shamo, said that Baghdad is reportedly making preparations to receive a number of Iraqi nationals from the Syrian camp of al-Hol to the Jadah camp in Iraq's Mosul.
He explained that among the IDPs, there are families of the extremist group of Islamic State, noting that this move will put the security of Iraq at a great risk.
"Returning those people to the province of Mosul is like a time-bomb. It can explode at any moment because those people have the mindset of having revenge and their children have been educated the same way," Shamo warned.
d
 
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GLOBAL/NEWS/INFO


Today in History
Today in History

Read in ABC News: https://apple.news/AMwZ597G_TuGJxyQ94rbvNg


7 things successful people never apologize for at work
“Confidence should be your greatest tool for your career— assuming of course that you are in a job that fits your skills."

Read in Ladders: https://apple.news/AU84yjpbeRxCrpUUPx8OsLQ


OIL/COMMODITIES/ENERGY



Precious Metal Stocks Are Not An Investment; They Are A Speculation
The precious metals mining sector is not an investment for the simple reason that mines are being depleted of their treasure on a daily basis.Ask yourself the question, why it is that the precious metals mining companies pay a dividend which varies from miserly to nonexistent?It is often said that there is no fever like gold fever and the next one will be more spectacular than anything we have experienced in the past.Adventurous speculators will need to look beyond the large caps in order to

Read in Seeking Alpha: https://apple.news/ASChfqo3KTCKc9q4mINz_Lw


Silver Outperforming Gold Again
Silver really started outperforming gold again in the last couple weeks. Silver surged dramatically on heavy investment buying, as evidenced by big differential SLV-share demand.This looks like a sea-change sentiment shift getting underway in silver, especially after it was crushed to its lowest levels relative to gold in well over a quarter century.Silver effectively acts like a gold sentiment gauge, with investment demand dependent on gold’s fortunes. The longer gold consolidates high or

Read in Seeking Alpha: https://apple.news/AW3M8ZPcJSp6fj2R8fuoLig


Oil Trades Between $50 And $60 Per Barrel - Oil Services Stocks Remain Cheap
Iran provides support - Brent-WTI edges higher.Inventories, rig counts, and production have been falling.Oil-related stocks continue to lag in a rising stock market.Oil services - the forgotten sector.Risk/reward favors OIH and the long side in crude oil.

Read in Seeking Alpha: https://apple.news/AObSakK9bRn-IdrBYxBcf5g

Energy & Precious Metals - Weekly Review and Calendar Ahead
By Barani KrishnanInvesting.com – It was another week of geopolitics vs demand worries that seemed all too familiar in oil, only that the outcome was higher prices this time...
https://www.investing.com/news/commodities-news/energy--precious-metals--weekly-review-and-calendar-ahead-1936934


BANKS/BANKING/CREDIT


Can banks 'weather' climate change?
Environmental disasters can disrupt the economy and threaten financial stability

Read in Gulf Business: https://apple.news/Au0vCFDhKQ7-MGeCsIAOcJA


Banks Fight Money Laundering With Oracle
Oracle announced the availability of Oracle Financial Services Anti Money Laundering (AML) Express Edition targeted at small- and mid-sized banks.

Read in E-3 Magazine: https://apple.news/A0N2hHj_pQcm419GbO1ZXLg


Here are Europe's 10 riskiest banks — and 4 of them 'need to rethink their strategy'
People walk past a Deutsche Bank office in London Reuters Alvarez & Marsal ranked the biggest banks in Europe, rating them on 13 different KPIs across profitability and resilience. A&M said that four banks were "falling behind the pack and need to rethink their strategy and restructure parts of their business." Below are the 10 lowest performing banks in Europe. View Markets Insider for more stories. Alvarez & Marsal, a consulting firm, ranked Europe's largest banks in terms of performance. We

Read in Business Insider: https://apple.news/Ab5AmJ6jXTwqoNPPYMxe42Q


Apply for the Best Credit Card Offers Using the CardMatch Tool
A great way to look for higher sign-up bonuses is the CardMatch Tool. The site takes some simple personal information and then matches you with current credit card offers for which you might be eligible. These offers can sometimes be much higher than those available through other public channels.

Read in Forbes: https://apple.news/AZ7Y2nEAxTwaFd_RoKkLXvw


Credit Inflation Is Alive And Well: Check Out The Government's New Budget Deal
Economic policy has become a big credit binge that moves asset prices but does little or nothing for general economic growth.This environment has grown up over the past sixty years and is so pervasive that it dominates the whole economy.Looking at the budget deal just passed by the US Congress, one can only argue that credit inflation will dominate markets in the near future, whether for good or not.

Read in Seeking Alpha: https://apple.news/AqPiRfNS_QrOEAfJJ-LTi0g


What to know about high-yield savings account from robo-advisors
Robo-advisors Wealthfront and Betterment have announced eye-popping interest rates over 2.5% on cash accounts, enticing offers for savers in the current low-rate environment.

Read in CNBC: https://apple.news/AYi5d5YnxSCOasy9p8MnccA


Here's why BankMobile should double down on white labeling
This is an excerpt from a story delivered exclusively to Business Insider Intelligence Banking subscribers. To receive the full story plus other insights each morning, click here. Pennsylvania-based Customers Bank, a retail and commercial bank with $11.2 billion in assets, provided insight into its digital-only banking offshoot BankMobile in its Q2 2019 earnings. The unit offers several banking products and services, including a checking account for college students, Vibe; a general checking

Read in Business Insider: https://apple.news/ADjgd9V0HQy23kUd0oKBefQ



TREASURIES/BONDS/STOCKS


25% of bonds in the world make lenders pay for the privilege of owning them, chart showsDeutsche Bank’s Torsten Sløk does a good job putting a finer point on the state of the fixed-income market, noting that 25%, or one out of every four bonds in the world, now yields negative rates.

Read in MarketWatch: https://apple.news/AT5vZVXETSQuwWsFPtq49zw

The S&P 500 Hit a New High Because the Market Still Expects the Federal Reserve to Cut Interest RatesA lot of optimism is built into the market, and some of it is deserved. Earnings this past week have been generally solid, and a rate cut at the Fed’s July meeting still looks like a sure thing.

Read in Barron's: https://apple.news/A75WTtQnfSliuGWv5qgF2ag

3 Things Under the Radar This Week
Stock Markets Jul 26, 2019 22:26 GMT Investing.com - Here’s three things that flew under the radar this week. 1. Coke Is Goldilocks Coca-Cola (NYSE:KO) enjoyed one of its best weeks in a long time, rising more than 5.5%, tops among the 30 Dow stocks. It hit a new high on Wednesday and is up 14.6% for the year. Coca-Cola (NYSE:KO) enjoyed one of its best weeks in a long time, rising more than 5.5%, tops among the 30 Dow stocks. Sure, the year-to-date return pales compared with Dow-leading

Read in Investing.comhttps://apple.news/AmyOGyYC9RYODNr2BaNBQ8Q


Economic Calendar - Top 5 Things to Watch This Week
Economy Jul 28, 2019 09:44 GMT Investing.com - In what is set to be a hectic week, investors will get monetary policy updates from a number of major central banks, with Wednesday’s Federal Reserve decision the highlight. The calendar also features trade talks, the U.S. jobs report for July, euro zone GDP and another deluge of earnings reports, including from iPhone maker Apple. Here’s what you need to know to start your week. 1. Federal Reserve decision The Fed is widely expected to cut interest

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CRYPTO'S / DIGITAL CURRENCY

Bitcoin-Rewards App Lolli Expands to 900 Retail Locations
CEO Alex Adelman says the average Lolli user has earned $26 in bitcoin rebates.

Read in CoinDesk: https://apple.news/A2WRs48S0T5azM_m4U1H6BA


Crypto Exchanges Are Benefiting from Algorithmic Trading: Here's How
Matthew Trudeau, chief strategy officer at crypto asset exchange ErisX, responds to a recent article on high-frequency trading by CoinDesk

Read in CoinDesk: https://apple.news/ASsylFovURxeopSbea5Kl5A


Bitcoin bounces back to jump over $10,000; but top cryptos still lack trend
How the Fab Five Fared In aggregate since yesterday, the “fab five” — Litecoin, Bitcoin, Bitcoin Cash, Ethereum, and Ripple — were up 1.21%. Leading the way was Bitcoin, whose price is now around $10076.66 USD, which yielded holders a return of 2.33% from the day prior. In terms of the worst performer, that would be Bitcoin Cash, which reported a day-over-day return of -0.24% — a move that puts its price around $316.97 USD. Out of the five coins observed here, four cryptocurrencies were up —

Read in Coin Insider.: https://apple.news/A_h2_HbORPdWc4d_rzeQyzg


U.S. Tax Collector Is After Thousands of Bitcoin Holders - Bitcoinist.com
U.S. tax authority, the Internal Revenue Service (IRS) has already begun sending letters to thousands of bitcoin and crypto holders who have failed to report cryptocurrency transactions. The IRS letters include instructions to pay taxes, interest, and penalties. IRS: Review Tax Filings to “amend past returns and pay back taxes, interest, and penalties.” The IRS started sending educational letters to taxpayers in mid-July 2019. The agency estimates that by the end of August 2019, more than 10,000

Read in Bitcoinist.nethttps://apple.news/AbzgEOvtmOGGus63uWoDE5A

Tom Lee Expecting Bitcoin Bull Run as USD Weakens - Bitcoinist.com
Bitcoin has been consolidating for most of the week, range bound between $10.2k and $9.6k. The monthly trend is still down but some industry experts foresee renewed action this weekend as fundamentals in the US could play a part. Bitcoin Back Over Five Figures BTC has made a few gains to keep it back about five figures, but only just. From an intraday low of around $9,700, BTC spiked in another ‘Bart like’ pattern back up to reach $10,230 where the 200 hour moving average sits. Tradingview

Read in Bitcoinist.nethttps://apple.news/AFQCQ4wxLO-S4kSBsgdC0QQ


The U.S. Treasury Secretary Made A Dire Warning Over The Future Of Bitcoin
Bitcoin and cryptocurrencies have been catapulted back into the public consciousness over recent months, not only because of the soaring bitcoin price but due to interest in bitcoin from some of the world's biggest technology companies, including social media giant Facebook.

Read in Forbes: https://apple.news/AFef3m-b-RhWR1k7NXf3FAg


Russian suspect in $4B Bitcoin fraud is sued in California; US, Russia seek his extradition from Greece
A Russian suspect linked to a $4 billion Bitcoin fraud case -- whose extradition from Greece is sought by U.S. authorities -- has now been hit with a civil lawsuit in California.

Read in Fox News: https://apple.news/Ap8r2Yme1RQC_gVxBip28Rg


CURRENCIES

We Are in for Decades of Ultra-Loose Monetary Policy
By Jared Dillian via Iris.xyz. President Trump recently nominated Judy Shelton to the Federal Reserve Board of Governors. She is the United States director for the European Bank...
https://www.etftrends.com/core-etf-channel/we-are-in-for-decades-of-ultra-loose-monetary-policy/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+etftrends+%28ETF+Trends%29


Forex - Weekly Outlook: Jul 29 - Aug 2
Forex Jul 28, 2019 10:55 GMT Investing.com - This week investors will be focusing their attention on Wednesday’s Federal Reserve decision, where policymakers are widely expected to deliver their first rate cut in more than a decade amid concerns over slowing growth and subdued inflation. Friday’s U.S. job report for July will also be closely watched to confirm whether a rate move was necessary as investors try to gauge the monetary policy outlook for the rest of the year. Investors will also be

Read in Investing.comhttps://apple.news/A9Omr2vdpRUuLncwmHcU_Vw


Sterling falls as UK and EU lock horns again over Brexit
Concerns that Britain under its new Prime Minister Boris Johnson is headed for a No Deal Brexit have sent sterling plummeting. Today, sterling fell 0.4 per cent to $1.2406.

Read in Daily Mail: https://apple.news/AV7YQk8KsSneTna6swWDD_g


EUR: The Signaled September ECB Easing To Keep The Euro Under Pressure
Detailed easing to come in September.Deeper rates cuts and restart of QE.Risks to EUR/USD still skewed to the 1.1000 level.

Read in Seeking Alpha: https://apple.news/AJz7mEDPcSYO_nwapdeontg


Sterling exchange rate in July has dropped to record low against Euro and Dollar
It is believed the decline has been caused by fears of a No Deal exit from the EU. In July 2015, £1 was worth €1.44. In July 2019, £1 is now worth €1.11. At the start of the weekend, it was revealed that the Sterling had dropped to its lowest rate for any July since the...

Read in JOE.iehttps://apple.news/Aykd5F4_cSt-ht01oeCcSyg


Brexit news: Currency expert reveals trick to avoid weak pound amid Boris' Brexit pledge
BREXIT has been a buzzword on new Prime Minister Boris Johnson’s lips, with his adamant pledge for the UK to depart the EU on October 31. Yet with a weak pound to euro exchange rate - what is a trick to getting the best currency rate? Brexit has caused fluctuations for the pound to euro exchange rate, with currency experts admitting Britons have “significantly lower” buying power. Yet with the appointment of new UK Prime Minister Boris Johnson, current Conservative Party leader, the value of GBP

Read in Express: https://apple.news/AlMkBtbjXNWmVy3-zO4-8nQ

HEALTH / SCIENCE


10,000 in Appalachia will see medical debt forgiven, highlighting national issue
That amount is just a drop in the bucket of the $88 billion of medical debt racked up in the United States over the past year.

Read in NBC News: https://apple.news/A5rjvTVqcQoCKVYOe97A_1g


Widespread cyclospora outbreak linked to fresh basil from Mexico: FDA
Cyclospora is a microscopic parasite that can cause an intestinal infection called cyclosporiasis. Symptoms typically include diarrhea, loss of appetite, weight loss, bloating, fatigue, nausea and stomach cramps, among other signs.

Read in New York Post: https://apple.news/ATdaIXsEoSleuH3T5ks8Myw


Sickle cell anaemia patients denied benefits due to 'invisible' illness, MPs warn
Thousands of people with the genetic blood disorder sickle cell anaemia are being declined vital welfare payments, MPs have warned.

Read in Sky News: https://apple.news/A7NGblPwDQY20v2ZKb6kdrA


8 Wisconsin teens hospitalized with severe lung damage due to vaping, doctors suspect
Eight teens were hospitalized in July with seriously damaged lungs in Wisconsin, the state Department of Health Services reported Thursday.

Read in CNN: https://apple.news/AQ04zm54yQoKL1kSEs9sicw


Isolated And Struggling, Many Seniors Are Turning To Suicide
The golden years are thought to be a well-earned, carefree time in life. But adults 65 and older now account for almost 1 in 5 suicides in America.

Read in NPR: https://apple.news/AzLubD5iATDSgXO1h7lxMig


Platelet-rich plasma treatment is not classified as a drug, Health Canada says
Health Canada has clarified its position on much-hyped injury treatments that use platelet-rich plasma (PRP). The agency now says such treatments shouldn't be classified as a drug — a change that could make PRP more available in Canada.

Read in CBC News: https://apple.news/A5jaHfpEBQ2ajkNzQSTt8Bg


I'm a 25-Year-Old Cancer Survivor, and These Are the Foods I Eat Now
Diet In trying to prevent certain diseases like cancer or diabetes, there is an array of foods that we are often told not to eat. When I was diagnosed with cancer at age 25, I was told by so many people and articles what foods could have caused it and what foods to avoid as I transgressed through treatment. While this was extremely useful information, I also wanted to know what kind of foods I should consume more of and how I could go about preventing another type of cancer or disease from

Read in Who What Wear: https://apple.news/AocFM06x6RlOA38wqpX1FKA


USA / CANADA

US economy slowed to 2.1% growth rate in second quarter down from a 3.1% gain in the first quarter
President Donald Trump speaks during a full honors welcoming ceremony for Secretary of Defense Mark Esper at the Pentagon, Thursday, July 25, 2019, in Washington. The US economy slowed sharply in the April-June quarter even as consumers stepped up their spending. The gross domestic product, the economy's total output of goods and services, grew at a 2.1% annual rate last quarter, down from a 3.1% gain in the first quarter, the Commerce Department estimated Friday. Trump had frequently boasted of

Read in Business Insider: https://apple.news/AUBqnurdFSZmY1ypf67XC_g

The Fed’s Coming Rate Cut Could Be a Blunder
Policymakers are avoiding past mistakes, but could be about to make new ones by lowering rates while the economy is growing and stocks are at a high.

Read in Barron's: https://apple.news/ADUvchUw3S9OGmklJyfZ0bA


Two Cuts, Or Not Two Cuts - That Is The Question; A Look Ahead To The FOMC Meeting
The stage is set for a rate cut despite reasonable U.S. economic growth and strong equity markets against a cross current of the trade war, slowing growth outside the U.S.Why a couple of measured 25bps-a-piece rate cuts rather than a “shock and awe” 50 bps cut this year makes sense.The potentially negative side effects of an overly accommodative 50bps rate cut at the next Fed meeting given the current economic backdrop.

Read in Seeking Alpha: https://apple.news/ACpXfcblVSKCpOKyMU5dZJw

Southern California home sales see record drop in prices, Hamptons not far behind
Los Angeles saw the sharpest year over year drop. Not far behind: New York's pricey Hamptons also went into the red.

Read in Fox News: https://apple.news/Aaqj52qrmTOSggaOa-3cd7g


Summer scorcher bringing 110-degree temperatures to California, Arizona
The temperature in Palm Springs, California, could be 116 degrees Sunday.

Read in ABC News: https://apple.news/AO0fBUjfgTpaPVj595Mfc6w

EMERGING MARKETS

Mexican government unveils winners for new oil refinery work
Mexico's government onFriday unveiled the winners of contracts to build and develop anambitious new oil refinery, which include Samsung Engineeringand KBR.

Read in Reuters: https://apple.news/A-QFcuxvGRdufNHtTb0wl5w


Mexico's economy seen posting 0% growth in second quarter
Mexico's economy likely did not grow in the second quarter, weighed down by a slump in industrial production, declining investment and a weakening of the vast services sector, according to a Reuters survey published on Friday.

Read in Reuters: https://apple.news/AnJ4BUnVySvKcCjljyPPF1g

Puerto Rico protests: Call for radical change remains
The governor of Puerto Rico will step down in a few days following protests over the release of profane chat messages and embezzlement charges against two former administration officials. But protesters are still calling for radical change. The resignation of Ricardo Rossello is unprecedented, but the island’s economic woes have led to mass migration, austerity and financial oversight from an unpopular US federal board. Those who remain want a brighter future but there are challenges ahead. Al

Read in Aljazeera: https://apple.news/AZ4RxrlqPPXSHLbzXvdaZsg


Despite the uncertainty about what's next, Puerto Rico turned a corner
Analysis: “It’s not what caused it,” analyst Miguel Soto-Class said about the historic ouster of the governor. “It’s what detonated it.”

Read in NBC News: https://apple.news/A_CHzNm3MTTawUPzyEjDBJg


Trump scores 2 victories on border with Supreme Court decision and Guatemala deal
President Trump won two victories on his border agenda, with the Supreme Court allowing the use of military funds to expand the barrier on the Mexican border while Guatemala agreed to serve as gatekeeper for asylum seekers trying to get to the U.S.

Read in The Wall Street Journal: https://apple.news/AXjv-YpC0RUCPrFd8anRnVg

MIDDLE EAST

Iraq : 2019 Article IV Consultation and Proposal for Post-Program Monitoring-Press Release; Staff Report; and Statement by the Executive Director for Iraq
No more SBA, Iraq has completed all instructions by the IMF, they can now change the rate for Article 8 compliance. ... it means there is no more standby agreement with the USA.... moving to Article 8 is a huge deal! Next step in order to have article 8 recognized since they have been released from the IMF for filling all of their obligations.... the rate change has to happen for full article 8 compliance and this article is telling us they are officially released at the end of this month (July 31). I think in my opinion it could happen AFTER 8/1 !!

Russian officials in Iran visit Russian members of detained UK vessel
MOSCOW (Reuters) - Representatives of the Russian embassy in Iran have visited three Russian crew members from the British vessel Stena Impero detained by Iran, the Russian embassy in Tehran said on Saturday. The three crew members are in good health and have no complaints about their conditions, but are still being held on the vessel, the embassy told Reuters. The Russian citizens can contact their families, the embassy said, adding it was in talks with Iranian officials to release the men.

Read in Business Insider: https://apple.news/A02Wg_4_ISwSDHf6yFBm3og


China's Iran oil imports plunge as U.S. sanctions bite
China's crude oil imports from Iran sank almost 60% in June from a year earlier, Chinese customs data showed on Saturday, following the end of a waiver on U.S. sanctions at the start of May.

Read in Reuters: https://apple.news/Am18k2qPYRBOhbH-Z8Jeo1A

Trump replenishes Saudi arsenal with vetoes of bills to block arms sales
President Trump vetoed 3 bipartisan resolutions that would have blocked more than $8 billion in arms sales to Saudi Arabia and the United Arab Emirates on Wednesday.

Read in Axios: https://apple.news/A51FchvlaR6G7JcFps1l_Dw


For third year, Saudi-led forces listed for Yemen child killings
A Saudi-UAE-led military coalition fighting Yemen's Houthi rebels has been blacklisted for a third year by the United Nations over the killing and wounding of hundreds of children, according to a report seen by Al Jazeera. UN Secretary-General Antonio Guterres said in the annual report submitted to the Security Council on Friday that the coalition killed and wounded 729 Yemeni children in 2018. The figure accounts for nearly half of the total child casualties in the war-torn and impoverished

Read in Aljazeera: https://apple.news/ANw0JsC9xNemCTUDK8xtwZw



AFRICA


Zimbabwe: Concern Over CIO Operatives On Spooky Cybercrime Panel
Civic society organisations have raised grave concerns over the involvement of the Central Intelligence Organisation (CIO), among other security organs, on the committee which will be responsible for enforcing the Computer Crime and Cybercrime Bill. The civic groups say that the proposed legislation will give the state wide discretionary scope and undue power to spy on citizens. The Bill, first introduced in 2012 during former president Robert Mugabe's rule, is largely perceived as an instrument

Read in AllAfrica: https://apple.news/Am7cbiCABOWWfp-eWFHylaw


Zimbabwe: Corruption, Military Role Overshadowing ED's Efforts
Positives realised by President Emmerson Mnangagwa's administration following the removal of his predecessor Robert Mugabe have been overshadowed by failure to respect human rights and define the role of the military in governance. This has been said by the International Republican Institute (IRI)/ National Democratic Institute (NDI) joint observer mission to Zimbabwe's elections last year. In its latest report, the Washington based mission, through US Deputy Secretary of State for African

Read in AllAfrica: https://apple.news/AuBGVlG4zNhW_mA1ds9arWQ


Zimbabwe tourism minister charged with corruption worth $95 million
HARARE (Reuters) – Zimbabwean Tourism Minister Prisca Mupfumira was charged in court on Friday with corruption involving $95 million from the state pension fund after questioning by the newly formed Zimbabwe Anti-Corruption Commission (ZACC). Mupfumira is the first senior government official to be interrogated by the commission, which was appointed by President Emmerson Mnangagwa last...

Read in CreaWorldNews: https://apple.news/A_YMSkz8jTfWNtUn1t5EPQA


Letter from Africa: Zimbabwe descends into darkness
Zimbabweans, already fearing a return to hyperinflation, are now also struggling with long power blackouts.

Read in BBC News: https://apple.news/AJtyKSxuYRT60C24Iph69Kw


Malawi: Economy to Grow By 5% - Reserve Bank Urges End of Demo
Reserve Bank of Malawi (RBM) has announced that it has maintained the policy rate--also known as the bank rate--at 13.5 percent and that the country's economy is expected to grow by 5% this year, up from 4% the previous year. RBM Governor, Dalitso Kabambe said this to reporters in Mzuzu at the Reserve Bank Mzuzu branch after his presentation of the third Monetary Policy Committee (MPC) resolutions. He said the MPC has maintained the policy rate, the rate at which commercial Banks borrow from the

Read in AllAfrica: https://apple.news/A_BR1PyQiP2C6foiT85KFqQ


Kenya Facing Shortage of Medics, Health Experts Say
(Photo: Laban Walloga/Daily Nation) Kenya is facing a severe shortage of public health officers and technicians at all levels of service delivery. The public health officers and technical council chairman Simon Kimani speaking at Mount Kenya University said the county has 4,000 registered public health officers against a population of approximately 45 million citizens. "This means that one officer is responsible for health and safety of 11,250 citizens. This is an enormous task and hence the

Read in AllAfrica: https://apple.news/AYrmTFwvxOn2PLcMJACDqbg

 
ASIA


China's industrial profits fall in June, add to fears of slowdown
Profits earned by China's industrial firms contracted in June after a brief gain the previous month, fuelling concern that a slowdown in manufacturing from a bruising trade war will drag on economic growth.

Read in Reuters: https://apple.news/A_jAoG8ysQji-CFqRFj4QeA

Xi Jinping’s ZTE concession to Donald Trump still haunts Chinese negotiators in US trade talks
In May last year, President Xi Jinping unexpectedly called his American counterpart Donald Trump to plead with him to ease up on crippling sanctions against ZTE Corporation, one of China’s largest telecoms equipment makers, which is accused of selling…

Read in South China Morning Post: https://apple.news/A6qb37iFGQhuse_OCys380w


Japan-South Korea tensions could dash China’s hopes for a trade deal
Any escalation of the trade and political disputes between Japan and South Korea could jeopardise Beijing’s hopes of securing a trilateral trade deal with the two countries, observers say. Kyodo news agency reported on Friday that Japan was preparing to…

Read in South China Morning Post: https://apple.news/AkEOW8iYtSN6b1p9j3r7xYg


China June rare earth magnet exports to U.S. fall 3.9% from May
China's exports of rare earth magnets to the United States fell 3.9% in June from the previous month, customs data showed on Saturday, as concerns persist that Beijing will curb supply of rare earth products as part of its trade war with Washington.

Read in Reuters: https://apple.news/AWR6ypXvxTrq1RIAhy6EYlg


China’s central bank issues draft rules on financial holding companies in move to rein in risk
China’s central bank on Friday released a draft regulation on financial holding companies, as it seeks to contain the potential spread of risk from their business to other sectors. “There is a regulatory vacuum around some financial holding companies,…

Read in South China Morning Post: https://apple.news/AzR1KyxDVQlm8UMJATsjEgA


EUROPE


UK and US working on ‘very substantial’ post-Brexit trade deal, says Trump
US president Donald Trump has said he and Prime Minister Boris Johnson are already working on a “very substantial” post-Brexit trade agreement.

Read in Express & Star: https://apple.news/Ac6ulPmWmMP-sqAI9LZ_1xw


Boris Johnson must 'dial down' rhetoric over Brexit, warns sacked Tory minister
Boris Johnson should "dial down" the rhetoric over Brexit, a former Conservative minister has warned amid warnings the government is on collision course with Brussels.

Read in The Independent: https://apple.news/AK2YZXZR0SXWLm3BipDOrkg


British PM Johnson tells EU: ditch the backstop or there will be no-deal Brexit
MANCHESTER, England (Reuters) - British Prime Minister Boris Johnson cautioned the European Union on Saturday that the Irish backstop, which he said was undemocratic and divisive, needed to be ditched if they were to strike a Brexit divorce deal. "If we get rid of the backstop whole and entire then we are making a lot of progress," Johnson said, when asked if it is was only the Irish border backstop that he wanted changed. He added that he had "very friendly relations" with EU leaders. "The

Read in Business Insider: https://apple.news/A6U0YM7SwQyKmCnVfuDkTWQ

Boris Johnson puts UK on EU ‘collision course’ with hard Brexit tough talk
Britain's European partners Friday warned Boris Johnson that his hardline Brexit stance was putting the UK on a "collision course" with the EU and called on the new premier to avoid "provocations".

Read in RFI - English: https://apple.news/AYeSy6csPNaWqOblZQZSTmg

UK PM Johnson tells EU: ditch backstop or face no-deal Brexit
British Prime Minister Boris Johnson cautioned the European Union on Saturday that the "anti-democratic" Irish backstop must be ditched if they were to strike a Brexit divorce deal.

Read in Reuters: https://apple.news/AuqgI5I0gQSGkKCyTrq_VyA
d
 
CBI, ISX, Kauaihn Chatter:
 
CBI Update:
 
 
The CBI for Monday 7/29/19 did update on the indicative rates Sell Rate 1190
The currency auction is 241,290,361
There are no news and announcements.

Parliamentary Integrity: We have begun to investigate suspicions of corruption of the Central Bank

 
Editorial date:: 2019/7/28 15:27 • 342 times read
 
[Baghdad-where]
Ahmed al-Mashhadani, a member of the Commission on Integrity, said Sunday that the committee started investigating files of corruption related to the Central Bank and selling the currency. He called on all parties claiming corruption files to be referred to the committee for scrutiny. 
Mashhadani said that "the files of the corruption of the Central Bank of multiple, including those related to the work and the Commission is investigating these files now," noting that "the files will be sent to the competent authorities and will be announced at the completion of the investigation."

He called for "to submit files of corruption to the Commission on Integrity of the parliamentary by all parties that claim to be there to investigate." He explained that "the Committee follows all files and will begin with the important."

Parliamentary tourism hosts a delegation of 4 ministries to develop the banks of the Tigris

 
29/07/2019 12
 
Baghdad
The parliamentary tourism hosted on Monday a delegation from the Secretariat of Baghdad and the relevant ministries to discuss the mechanism of development of the banks of the Tigris River.
"The Culture Committee hosted a delegation from the Municipality of Baghdad and another from the Ministry of Water Resources, the Ministry of Culture and the Ministry of Tourism, Antiquities and Transport," said the head of the Culture, Information, Tourism and Antiquities Committee, Samia Al-Ghalab.
She added that "the hosting came to discuss the development of the banks of the Tigris River and lay the foundations for the development and the possibility of investment." Noting that "the plans of the Secretariat of Baghdad and the concerned parties on the subject will be put to the Committee when completed."
"The committee will call for financial allocations to develop the banks of the river," she said.
ISX Update:
Click on link above for latest update. 
 
Shares Traded:
 
Value Traded:
 
ISX ended in Green
 
Kauaihn Chatter:dd
 
 
 
7-28-2019   Newshound Guru Whitelions   [Reference Guru future post 7-28-2019] ...it has to start now or what they are doing will be for nothing...thats not going to happen...all the work they have put in to where they are now just to stop does that make sense to you?

7-28-2019  
 Newshound Guru future   "Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices..."    ...tells us Iraq restrictions have been removed...its time for the transition to article 8...article 14 is no longer needed...lets hope and pray they are confident enough to make that jump sooner rather than later.

7-28-2019   Newshound Guru Whitelions   [Allowi was supposed to be PM, back in the day, about 3 PM's ago...guess USA backed Maliki now Allowi is CBI governor? What a circus! Musical chairs...]    ...get your head out of the past...yes the US backed the wrong person but 30 years of dictatorship didnt give us much info on who to pick so we took a chance. Now...too much has changed in a very short time and we have to go with what is going on now and now they are ready.  ...they have had so bumps and scraps but they are there now...

7-28-2019   Intel Guru Frank26    IMF SAYS IRAQ IS ARTICLE 8... Dont forget they were taken off the stand by agreement! The IMF said they have their multiple currency practice, no longer under restrictions!   This is important! Today the IMF told the world "by the way.."... contractors are going ballistic...WS [Guru Walkingstick] TOLD US THEY WERE DOING THIS FOR SOMETIME THAT THEY WERE ARTICLE 8 COMPLIANT, JUST HAVE NOT TOLD US/THE WORLD FORMALLY...THE 3 ZEROS WERE LIFTED ELECTRONICALLY IN JAN... THE IMF TOLD US, NOW WE NEED IRAQ TO TELL US THEY ACCEPTED THESE AGREEMENTS, TO ADD VALUE... THERE IS NO WAITING PERIOD, JUST HAVE TO DO IT...So how long will we have to waitThere is no waiting period - none…The moment they have the strength, will and desire to do it…they will raise the value of their currency...
 
7-28-2019 Newshound Guru Kaperoni ...Iraq has been clear of restrictions under Article XIV for some time, but still has one restriction under Article VIII they must overcome before they can officially accept Article VIII.
 
Elmer:
 
Not in today
 
Artmeister:
 
Not in today
 
Catnip:
 
*************
ARTICLE 1 (from PM Mahdi's website)

At the time this report was submitted, there are no new articles posted on PM Mahdi's website.

*************
ARTICLE 2 (from Government of Iraq twitter account)
  1. Captain Ramzi Isha Daoud is an experienced harbour pilot. He and his colleagues play a critical role in guiding ships and other sea vessels to safely enter, dock and leave the ports of Basra. Let’s get to know him in this episode of #DedicatedToService.
  1. "My job requires dedication, discipline and patience", says Captain Ramzi Isha Daoud whose mission is to guide navy vessels to and from Iraqi ports. Stay tuned for his story in the next episode of #DedicatedToService.
PM @AdilAbdAlMahdi chairs a high-level meeting on improving public services to the residents of the capital Baghdad. Click here for more details:
*************
ARTICLE 3

Parliamentary Integrity: We have begun to investigate suspicions of corruption of the Central Bank
2019/7/28 15:27
[Baghdad-where]

Ahmed al-Mashhadani, a member of the Commission on Integrity, said Sunday that the committee started investigating files of corruption related to the Central Bank and selling the currency. He called on all parties claiming corruption files to be referred to the committee for scrutiny.
Mashhadani said that "the files of the corruption of the Central Bank of multiple, including those related to the work and the Commission is investigating these files now," noting that "the files will be sent to the competent authorities and will be announced at the completion of the investigation."

He called for "to submit files of corruption to the Commission on Integrity of the parliamentary by all parties that claim to be there to investigate." He explained that "the Committee follows all files and will begin with the important."

*************
ARTICLE 4

A document reveals the government's reluctance to install contracts
2019/7/28 22:52
[Baghdad-where]

An official document revealed a government decision to delay the processing of contracts.

The document issued by the Secretary-General of the Council of Ministers, Hamid al-Ghazi, to the Presidency of the Council of Ministers / Counselors, the Ministry of Finance and the Ministry of Planning and the Ministry of Labor and Social Affairs on the mechanism of dealing with the unemployed contract "later in our letter of 30 April 2019 the Council of Ministers in its ordinary session held in 23/7/2019, postponement of the presentation of the subject of the mechanism of dealing with workers in the form of contracts.

She added that the new decision to wait "for the purpose of re-examination of the procedure with the participation of the Ministry of Finance and the study of numbers and numbers of contracts."

*************
ARTICLE 5
 
Officers and officials, revealed the "biggest operation of smuggling and money laundering
29/07/2019
MP Ali Nassif revealed on Monday the involvement of officers and officials in the largest smuggling and money laundering with Anwar Al-Faris.

Naseef al-Jubouri, the owner of Anwar al-Faris, has been importing goods into Iraq for 10 years without having a file in the tax, in cooperation with well-known officers in the interior, customs and others, Nassif said in a statement received by Kalamgames Press.
"Over the past 10 years, more than $ 600 million has been transferred to the Jordanian capital Amman (Housing Bank / Diyar Ghbar Branch) with boost from the company's sales (Iraq sales)."
She added that "the government and regulators can send a committee to Oman and review the bank to confirm the authenticity of the information," noting that "the company classifies itself as the largest importer of pipes and ceramics in Iraq, while not have any activity and is lost in the register of Iraqi companies."
"The follow-up of the case will lead to the detection of all corrupt officers and officials, including a supervisory officer who participated in the coverage of this case and went to librek cases against the innocent," Nassif said.
***************
ARTICLE 6-A

Swarms of "night cockroach" sweeping Iraqi cities because of the heat
2019/7/28 22:00
[Baghdad-where]

Swarms of "Night Cockroach" insects swept Iraqi cities especially at night.These swarms have provided refuge inside houses, residential areas, high-temperature shops, and free-range search for cold areas.

***************
ARTICLE 6-B
The emergence of a star in the skies of Iraq is causing a heavy atmosphere tomorrow
2019/7/27 22:20
[Baghdad-where]

A meteoric star appeared in the skies of Iraq on Sunday.

"The weather in which the weather will remain with fluctuations in the surface winds in most of the country's cities will begin from Sunday and will last for at least three days," said meteorologist Sadeq Attieh in his page on Facebook.

"As a result, there is a feeling of heat in the day and humidity at night with a slight rise in temperature."
Attiyah considered this period "the beginning of the weakness of the northern winds and the appearance of the star of the plank from the east and the number of days of 13 days."

"The season of heat and heavy weather is intensifying," he said.

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