WOTS Friday7/5/19:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1180.2000 | 1180.2000 | 1180.2000 | | 03:45 |
| USD/VND | | | 23239.7800 | 23239.7800 | 23239.7800 | | 11:00 |
| USD/CNY | | | 6.8785 | 6.8705 | 6.8726 | | 03:55 |
| USD/KWD | | | 0.3036 | 0.3031 | 0.3034 | | 03:46 |
| GBP/USD | | | 1.2588 | 1.2550 | 1.2579 | | 03:56 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 00:00 |
| USD/IDR | | | 14174.0000 | 13935.0000 | 13952.0000 | | 03:56 |
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DC NY Iraq Articles:dd
Parliamentary services bear financial responsibility for delaying budget release and delay projects
Editorial date: 2019/7/5 23:18 • 57 times read
(Baghdad: Al Furat News) warned the head of the Committee on Services and Reconstruction Parliamentary Walid Sahlani, the delay in the launch of financial allocations to balance self-financing and the reflection on services and completion of projects stalled and slow.
In a statement, Al-Sahlani received a copy of it, the Ministry of Finance "responsibility for delaying the launch of the budget," calling on the Prime Minister "to follow up the subject and avoid repeating the scenarios of previous years to disrupt the launch of the budget for the late months of the year, which impedes the movement of implementation of projects and achieve the aspirations of the people, Which is experiencing a marked deterioration in the level of services. "
"The launch of allocations early will contribute significantly to the implementation of service projects planned within the budget within the time limits," stressing that "the importance of balancing self-financing in the work of ministries and governorates and the need to arrive as soon as possible for the purpose of improving services and improve the standard of living.
Sahlani said that "the Ministry of Finance has not been sent to the provinces until today the doors of disbursement of the self-financing budget, which depend on the provinces in the provision of services and secure projects, although the second half of the fiscal year is close to completion.
"
"The launch of allocations early will contribute significantly to the implementation of service projects planned within the budget within the time limits," stressing that "the importance of balancing self-financing in the work of ministries and governorates and the need to arrive as soon as possible for the purpose of improving services and improve the standard of living.
Sahlani said that "the Ministry of Finance has not been sent to the provinces until today the doors of disbursement of the self-financing budget, which depend on the provinces in the provision of services and secure projects, although the second half of the fiscal year is close to completion.
President of the gathering of ambassadors of Basra: Baghdad government contracts with corrupt companies and Eidani unchecked
Editorial Date: 2019/7/5 23:49 • 7 times read
(Baghdad: al-Furat News) The head of the gathering of ambassadors of Basra, Mohammed al-Basri, the contract of the federal government with companies accused of corruption.
"The top of the problems is that the new government comes to contract with five corrupt companies that were previously contracted in Basra and have files of corruption in integrity," Al-Basri told the television station Al-Furat.
He added that "there is an interest in the distribution of contracts and a lot of manipulation," explaining that "there is an Indian company received the contract pipes Qibla in Basra at the time of the former governor behind Abdul Samad lamented after the authorities addressed the province of the Ministry of Planning to enter a partner of the company," noting that " Qualify him for this, "wondering" why not invite international companies efficient to implement projects in the province? ".
Basri said that "the powers granted to the governor of Basra, Asaad al-Eidani represents the stick of Moses and remained without a watchdog to follow, and the province has become a nature reserve for rodents and dogs loose and waste."
He pointed out that the "threat of journalists and their prevention is a terror for citizens wishing to demonstrate."
"The Basra-Zubayr road referred to a Kuwaiti company that sold it to a local company and the latter ruined the road signs and cut down the trees and destroyed the sidewalk." We did not see the mayor or a water-shorter or sewage exposed to punishment for neglecting him and Al-Aidani supported by an influential party. From the local government. "
He added that "there is an interest in the distribution of contracts and a lot of manipulation," explaining that "there is an Indian company received the contract pipes Qibla in Basra at the time of the former governor behind Abdul Samad lamented after the authorities addressed the province of the Ministry of Planning to enter a partner of the company," noting that " Qualify him for this, "wondering" why not invite international companies efficient to implement projects in the province? ".
Basri said that "the powers granted to the governor of Basra, Asaad al-Eidani represents the stick of Moses and remained without a watchdog to follow, and the province has become a nature reserve for rodents and dogs loose and waste."
He pointed out that the "threat of journalists and their prevention is a terror for citizens wishing to demonstrate."
"The Basra-Zubayr road referred to a Kuwaiti company that sold it to a local company and the latter ruined the road signs and cut down the trees and destroyed the sidewalk." We did not see the mayor or a water-shorter or sewage exposed to punishment for neglecting him and Al-Aidani supported by an influential party. From the local government. "
Al-Gharawi: The inclusion of Babylon on the list of UNESCO is supported by the members of the Committee
Editorial date: 2019/7/5 23:34 • 61 times read
(Baghdad: Al Furat News) A member of the Committee on Labor and Social Affairs Harmony Gharawi, Iraq has fulfilled all its obligations to include Babylon on the list of world heritage.
Al-Gharawi said in a statement, received a copy of it, "tomorrow vote on the inclusion of the Babylon file in the list of world heritage All the data indicate that Babylon will be included on the list after Iraq has fulfilled all its obligations."
"The general atmosphere is positive, as the file received the support and approval of the committee members."
Baku, on Monday, launched the 43rd session of the World Heritage Committee with the participation of a high-ranking Iraqi delegation led by the Minister of Culture, Tourism and Antiquities, Abdul Amir Al-Hamdani.
Iraq hopes for its national delegation to vote on the inclusion of the ancient city of Babylon on UNESCO's World Heritage List.
The Iraqi Charge d'affaires in Azerbaijan, Fadel Al-Shuwaili, revealed that Culture Minister Abdul-Amir Al-Hamdani met with his Azerbaijani counterpart, the head of the 43rd session of the UNESCO session, revealing assurances that Babylon would be added to the list of international heritage.
He pointed out that tomorrow will be a mortal for the Iraqi people, and the Iraqi Embassy is preparing for a celebration of this blessed joy
"The general atmosphere is positive, as the file received the support and approval of the committee members."
Baku, on Monday, launched the 43rd session of the World Heritage Committee with the participation of a high-ranking Iraqi delegation led by the Minister of Culture, Tourism and Antiquities, Abdul Amir Al-Hamdani.
Iraq hopes for its national delegation to vote on the inclusion of the ancient city of Babylon on UNESCO's World Heritage List.
The Iraqi Charge d'affaires in Azerbaijan, Fadel Al-Shuwaili, revealed that Culture Minister Abdul-Amir Al-Hamdani met with his Azerbaijani counterpart, the head of the 43rd session of the UNESCO session, revealing assurances that Babylon would be added to the list of international heritage.
He pointed out that tomorrow will be a mortal for the Iraqi people, and the Iraqi Embassy is preparing for a celebration of this blessed joy
Babylon for the whole world
05-07-2019 01:39 AM
Baghdad
Iraqi Foreign Minister Mohammad Ali al-Hakim sent letters to his counterparts in the countries participating in the World Heritage Committee to mobilize support and vote on the inclusion of the ancient city of Babylon on the World Heritage List.
"Foreign Minister Mohammed Ali al-Hakim sends letters to his counterparts in the member states to mobilize support and vote on the inclusion of the city of Babylon on the World Heritage List," Foreign Ministry spokesman Ahmad al-Sahaf said in a statement received by al-Madar.
"The foreign minister is directing all embassies in the member states of the voting committee to include Babylon, the Iraqi representatives in New York and Geneva, and the Department of Organizations and Conferences at the ministry's headquarters to move on the member states to support Iraq," he added.
Azerbaijan is hosting the World Heritage Committee at its forty-third session, which is being organized by the United Nations Educational, Scientific and Cultural Organization (UNESCO).
For its part, announced the Committee on Culture, Information, Tourism and Antiquities in the Iraqi Council of Representatives the approval of most members of the World Heritage Committee of UNESCO to include Babylon in the list of world heritage.
The committee said in a statement on Thursday that "the negotiations resulted in the approval of most of the members of the World Heritage Committee, the number of 21 members from different countries to add Babylon within the global list," adding that 'the move continues strongly from the Iraqi delegation in order to obtain a unanimous vote, Which is expected to be Friday. '
."Foreign Minister Mohammed Ali al-Hakim sends letters to his counterparts in the member states to mobilize support and vote on the inclusion of the city of Babylon on the World Heritage List," Foreign Ministry spokesman Ahmad al-Sahaf said in a statement received by al-Madar.
"The foreign minister is directing all embassies in the member states of the voting committee to include Babylon, the Iraqi representatives in New York and Geneva, and the Department of Organizations and Conferences at the ministry's headquarters to move on the member states to support Iraq," he added.
Azerbaijan is hosting the World Heritage Committee at its forty-third session, which is being organized by the United Nations Educational, Scientific and Cultural Organization (UNESCO).
For its part, announced the Committee on Culture, Information, Tourism and Antiquities in the Iraqi Council of Representatives the approval of most members of the World Heritage Committee of UNESCO to include Babylon in the list of world heritage.
The committee said in a statement on Thursday that "the negotiations resulted in the approval of most of the members of the World Heritage Committee, the number of 21 members from different countries to add Babylon within the global list," adding that 'the move continues strongly from the Iraqi delegation in order to obtain a unanimous vote, Which is expected to be Friday. '
The parasite: 59 billion dinars has been allocated to rehabilitate the ancient city of Babylon
Editorial date: 2019/7/5 0:13 • 81 times read
(Baghdad: Al-Furat News) A member of the bloc of wisdom parliamentary opposition in the province of Babel Salem Tufili, allocated 59 billion dinars to rehabilitate the city of Babylon archaeological.
"The efforts of the Ministry of Culture and the local government of Babylon are appreciated for the delivery of the Babylon file to the voting stage," Tufaili said in a statement.
He added that "funds have been allocated from the budget up to 59 billion for the city of Babylon archaeological," noting that "the city will provide an archaeological financial return to the province and the country after the rehabilitation of tourism."
"We look to the federal government and the local government in Babylon to pay attention to other effects in the country, the archaeological city has not received attention since the days of the former regime."
He added that "funds have been allocated from the budget up to 59 billion for the city of Babylon archaeological," noting that "the city will provide an archaeological financial return to the province and the country after the rehabilitation of tourism."
"We look to the federal government and the local government in Babylon to pay attention to other effects in the country, the archaeological city has not received attention since the days of the former regime."
Kauaihn Iraq Articles:dd
Iraq: the killing of 18 elements of the "Daash"
July 5, 2019
Baghdad - Jabbar al-Janani
Yesterday, the Iraqi army sectors killed 18 members of the terrorist Daqash and burned their wheel in Anbar and Nineveh provinces.
The Ministry of Defense said in a statement: "The force of the command of the operations of the island carried out the duty of search and inspection in the areas of modern ammunition stores, the tide, and the mother of the minister," indicating that "the duty resulted in the clash with elements calling the terrorist and the results burned calf type Kia and killed four terrorists" .
The ministry said that "in another context, a force from the command of Nineveh operations left duty in the mountain range of the village of Sheikh Ali," pointing out that "the duty resulted in the killing of 14 terrorists and the bombing of a tunnel by the detachment of processing of unexploded bombs in addition to finding 2 grenade and RP G7 ".
While the security information cell announced yesterday, the arrest of the wanted transfer of more than 15 terrorists in Anbar province, west of the country.
Kurdistan Parliament holds its next Saturday
05-07-2019 11:33 AM Agency of the orbit -
Baghdad
The Kurdistan Regional Parliament will hold its 10th session next Saturday after extending its legislative term.
A statement issued by the presidency received 'the orbit' copy of it, 'The Speaker of the Parliament Fala Farid called today, all members to attend Session No. (10) in the first year of the fifth session of the parliament'.
According to the statement, "the meeting will be held at 11 o'clock on Saturday afternoon, 6/7/2019."During her meeting with the Minister of Culture .. Qatar announces its support for the inclusion of Babylon on the list of world heritage
A statement issued by the presidency received 'the orbit' copy of it, 'The Speaker of the Parliament Fala Farid called today, all members to attend Session No. (10) in the first year of the fifth session of the parliament'.
According to the statement, "the meeting will be held at 11 o'clock on Saturday afternoon, 6/7/2019."During her meeting with the Minister of Culture .. Qatar announces its support for the inclusion of Babylon on the list of world heritage
Al-Lami arrives in Basra to pursue the harassment of journalists
Editorial date: 2019/7/5 11:15 • 73 times read
(Baghdad: Al-Furat News) Iraqi Journalists Syndicate leader Moayad al-Lami arrived Friday in the province of Basra and met journalists and media workers.
A statement of the union received the agency {Euphrates News} copy of it today that "the back of Iraqi journalists Muayad al-Lami arrived at the head of a delegation from the Council of the Bar this morning to the province of Basra."
"He will meet journalists and media professionals and hold a press conference against the backdrop of the threats and harassment that journalists and media have been subjected to in recent days."
"He will meet journalists and media professionals and hold a press conference against the backdrop of the threats and harassment that journalists and media have been subjected to in recent days."
Iraq buys nearly four million tonnes of domestic wheat
Release date: 2019/7/5 8:30 • 156 times read
Baghdad: Minister of Commerce Mohammad Hashim Al-Ani announced the purchase of about 4 million tons of local wheat, which makes the country to achieve self-sufficiency of that strategic crop.
"The quantities marketed by farmers this year are more than all seasons during the previous decades," the minister said in a statement received by the agency (Al-Furt News).
Al-Ani announced the start of the marketing season on April 15, while the Ministry of Commerce reported that this season is an exceptional case of receipt of farmers dues after 72 hours of receipt of the crop.
Al-Ani announced the start of the marketing season on April 15, while the Ministry of Commerce reported that this season is an exceptional case of receipt of farmers dues after 72 hours of receipt of the crop.
During her meeting with the Minister of Culture .. Qatar announces its support for the inclusion of Babylon on the list of world heritage
04/07/2019 12:10 PM
Al-Ahed News - Baghdad
Qatar's Acting President and Executive Director of the Museums of Qatar, Ahmed Moussa, announced on Thursday his country's support for the inclusion of Babylon on the World Heritage List, while Iraq requested to run for UNESCO's Executive Office for the Arab Group.
A statement of the Ministry of Culture received "The Minister of Culture, Tourism and Antiquities Abdul Amir Al-Hamadani met with the head of the Qatari delegation at the UNESCO Conference on the sidelines of the 43rd session of the World Heritage Conference held by UNESCO in the Azerbaijani capital Baku. The two sides discussed means of joint cooperation Between the two countries on museums and methods of modern storage of artifacts and art and the importance of Iraqi archeology. "
"The Iraqi Museum in Baghdad opened its doors to visitors on Fridays, Saturdays, public holidays and evening after official working hours. The ministry is also seeking to open a new sophisticated museum on a plot of land from Muthanna airport, because the current museum is no longer available for storage and storage. And display the available artifacts. "
For his part, head of the Qatari delegation, "Qatar's support for the file of the ancient city of Babylon, the candidate for inclusion on the list of world heritage."
He revealed his country's intention to run for the UNESCO Executive Office for the Arab Group, which has 3 seats, calling on Iraq to support him in this endeavor. "
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Commodities Jul 03, 2019 11:49 GMT Investing.com - Gold prices rose on Wednesday after U.S. President Donald Trump announced two nominations for the Federal Reserve, stoking hopes that the U.S. central bank would move forward with more policy easing. Gold futures for August delivery on the Comex division of the New York Mercantile Exchange, rose $5.45, or 1.1%, to $1,423.45 a troy ounce by 7:45 AM ET(11:45 GMT). Trump announced via Twitter that he intends to nominate Christopher Waller and Judy
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PRECIOUS-Gold hits 1-wk peak; global trade woes, lower U.S. yields support
Gold prices climbed over 1% to hit aone-week high on Wednesday, helped by a subdued dollar asrenewed concerns over global trade encouraged safe-haven demandand drove down U.S. yields.
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Should you join the great gold rush? SAMANTHA PARTINGTON investigates
Around 70 shoppers a day walk into Ross Norman's gold showroom in Piccadilly Circus. Most are 'gold tourists' looking to part with a few thousand pounds but some are 'gold bugs' buying millions.
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Gold, palladium compete for ‘most precious metal’ title
An impressive rally recently lifted prices for gold back to their highest levels since 2013, while palladium prices creep back toward the record highs they saw in March.
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Oil steadies on falling US inventories, OPEC supply cut rollover
Mubasher: Oil futures steadied earlier on Wednesday, supported by the rollover of supply cuts led by major producers.
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Oil edges up after steep fall; OPEC cuts, stocks draw support
By Jessica Jaganathan SINGAPORE (Reuters) - Oil prices edged higher on Wednesday, steadying after a more than 4% fall in the previous session, as extended output cuts by OPEC and its allies helped underpin prices despite growing concerns about weak demand. An expected large draw in crude oil inventory in the United States also buoyed sentiment after a bigger-than-expected fall in inventories in a private survey. Brent crude futures for September delivery were trading up 48 cents, or 0.8%, at $
Read in Business Insider: https://apple.news/A-
Oil Prices Fall on Lower-Than-Expected Draw in U.S. Crude Stockpile
Commodities Jul 04, 2019 04:09 GMT Investing.com - Oil prices were down on Thursday in Asia after the Energy Information Administration (EIA) reported a set of bearish U.S. crude inventories data. U.S. Crude Oil WTI Futures fell 0.7% to $56.96 by 12:08 AM ET (04:08 GMT). International Brent Oil Futures were down 0.7% to $63.38. The EIA showed crude stockpiles fell 1.1. million barrels in the week ended June 28, below expectations of a draw of about 2.96 million barrels. “This dataset certainly
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BANKS/BANKING/CREDIT
More states consider mandatory financial literacy classes for high-school students and home prices accelerate for the first time in a while
Tuesday's personal finance stories
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Will The Fed Cut Rates In July? 6 Key Dates To Watch
The Federal Reserve meets on July 30-31 to decide whether to cut rates and if so, by how much.If data were your only guide, then the jobs data is unlikely to be sufficient to argue for a cut in rates at this time.Even though we see the lagging second-quarter economic data as relatively healthy, we expect a deceleration of real GDP in Q3 and Q4.
Read in Seeking Alpha: https://apple.news/
Deutsche Bank held talks with Citi, BNP on shedding chunk of equities business: Wall Street Journal
Deutsche Bank has held talks with Citigroup Inc , BNP Paribas SA and others over the possible sale of parts of its equities business, the Wall Street Journal reported on Tuesday.
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Deutsche Bank Looks to Shed Big Chunk of Wall Street Presence
The troubled German lender has held talks with Citigroup, BNP Paribas and others that could involve sale or transfer of trading technology and pieces of prime-brokerage business
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Big Banks Aren’t the Only Banks Hiking Their Stock Dividends
Many large regional banks didn’t have to have their capital plans reviewed by the Federal Reserve this year. But that didn’t stop them from announcing new dividend increases.
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I always thought I was too busy to manage credit card rewards, but I finally changed my mind — and earned enough to fly my family of 4 on vacation in less than 60 days
I've worked in the credit industry for 17 years, but I never really took advantage of credit card rewards. I always felt like I was too busy to learn to manage them. I decided to open a Southwest Rapid Reward Priority Credit Card to take advantage of a welcome offer that helped me earn a free Companion Pass. Once my husband and I opened the card and met the spending requirement for the introductory offer, we each earned a Companion Pass and designated our kids as companions. With just the one
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This guy racked up $16,000 in credit-card debt — here are 7 ways he found financial freedom
Financial experts share tips to climbing out of debt.
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Why kids need to know far more about personal finance than they do right now
Tim Sheehan, CEO and co-founder of family finance app Greenlight, joined Yahoo Finance’s the Final Round to discuss gaps in adults’ money knowledge and how personal finance apps like Greenlight are helping parents pass on better knowledge.
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TREASURIES/BONDS/STOCKS
10-year Treasury rate’s fall below 2% deepens after Fed, ECB nominees
Treasury yields extend their fall on Wednesday amid reports that the Federal Reserve and the European Central Bank could appoint potentially dovish members to key positions.
Read in MarketWatch: https://apple.news/AuqAa5Pg_
FX Weekly: ECB's Response To Low Inflation - More QE
Market seems to have reacted positively to the G-20 non-event with Asian equities up, slightly boosted by the little depreciation of the Japanese yen.The RBA continued its easing policy by cutting its cash rate by another 25bps to 1% in order to stimulate Australia's sluggish economy and generate some inflation.Tensions eased slightly in the periphery with Italian 10Y yield plunging back below 2% on Monday.We remain vigilant on stocks in this current environment and would recommend a defensive
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How 2 New ETFs Aim to Cater to Risk-Averse Investors
Trying to minimize risk in your investments? These two new ETFs might be the solution you're looking for. Innovator ETFs just launched two new products to be traded on the New York Stock Exchange, and the CEO and founder of the provider, Bruce Bond, broke down to TheStreet what the pitch to investors is. Innovator launched the Emerging Market Buffered ETF and the Developed Market Buffered ETF. Both ETFs allow investors to track MSCI emerging markets indices and the S&P 500 index with a 15%
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How To Prepare For A Recessionary Bear Market
Evidence and expert opinion indicate a recession is on the horizon.Recessions are always accompanied by a bear market. Recessionary bear markets feature an average drawdown of ~38% from peak to trough.A recession will cause huge stress in the corporate sector, particularly in BBB corporate bonds. The Fed is aware of this and is poised to lower interest rates.In the intermediate to long run, US debt and unfunded pension obligations make monetization and inflation a virtual certainty. The
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U.S. Yields Hit Lowest Since 2016 as Stocks Rise: Markets Wrap
Get caught up on what’s moving markets right now.
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Bond Yields Tumble as Trump Pushes Doves for Fed Board, EU Pegs Lagarde at ECB
Global government bond yields tumbled Wednesday, taking German bunds to fresh record lows, as investors reacted to both weakening manufacturing data and the potential appointment of central bank executives in both Europe and the United States that are expected to support further interest rate reductions. Global government bond yields tumbled Wednesday, taking German bunds to fresh record lows, as investors reacted to both weakening manufacturing data and the potential appointment of central bank
Read in TheStreet: https://apple.news/AnN08B_
Top 5 Things to Know in the Market on Thursday
Forex Jul 04, 2019 10:42 GMT Investing.com - Here are the top five things you need to know in financial markets on Thursday, July 4: 1. U.S. Markets Closed for Independence Day Wall Street is closed for the Fourth of July holiday, after all three indexes reached fresh record closing highs on Wednesday. The Dow rose 0.7% to close at 26,966, while the S&P 500 closed at 2,995.82, up 0.8% and the NASDAQ Composite gained 0.8% to 8,170.23. Trading on all exchanges is expected to return to normally
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CRYPTO'S / DIGITAL CURRENCY
Facebook's Libra could boost bitcoin, other cryptocurrencies: Anchorage co-founder Diogo Monica
Anchorage, one of the founding members of Facebook's Libra project, safeguards a company's use of its digital assets through blockchain technology.
Read in Fox News: https://apple.news/Av0YJ9cfTT-
Bitcoin Lightning Network Payments Now Possible on Liquid Sidechain -
Liquid Network users can now send and receive bitcoin micropayments via the c-lightning implementation of the Lightning Network (LN). “Lightning on Bitcoin on Liquid” According to a tutorial published by Blockstream developer “grubles” via Medium on Tuesday (July 2, 2019), LN users can now create bitcoin Lightning payment channels using c-lightning. This is a significant milestone as Liquid users can now make Liquid-BTC (L-BTC) transactions instantaneously and privately. There are also plans to
Read in Bitcoinist.net: https://apple.news/
Now Japanese Regulators Are Getting Anxious About Facebook's Cryptocurrency
Japan's central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook's Libra cryptocurrency.
Read in CoinDesk: https://apple.news/AgNElBh-
UK Finance Watchdog Takes Step Toward Ban on Crypto Derivatives, ETNs
The U.K.'s Financial Conduct Authority is now consulting on a ban of cryptocurrency-based derivatives and ETNs in a bid to protect investors.
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Renowned Bitcoin Bull Issues Stark Ethereum Warning
Bitcoin has been swinging wildly over the last week as the market struggles to hold onto massive gains made over the last month, raising fears the latest bitcoin bubble might have already popped...
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Report: The Secrets Behind Crypto Exchange Wash Trading -
FTX Global — a cryptocurrency trading firm, say they have uncovered the dirty tricks employed by certain crypto exchanges to inflate their trading volume. 68% of Cryptocurrency Trading Volume is Fake In a blog post published on its official Medium account, FTX provided details about new research into crypto wash trading carried out in conjunction with Alameda Research — a liquidity provider. According to the company, 68.6% of crypto trading volume on indexes like CoinMarketCap (CMC) are fake.
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Crypto News: Square to Accept Bitcoin Deposits; TD Ameritrade-Backed Trading Platform Receives License
The crypto market's infrastructure buildout is ramping up.
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Cryptocurrency transactions could be the savior as Cuba mulls over ways to evade US-imposed sanctions
Is there any other currency that can be used to pay for pineapple pizzas and escape the economic sanctions imposed by the most powerful country in the world. Yes, there is. According to Reuters, the communist government of Cuba announced on July 2 that it was mulling the "potential use" of cryptocurrencies, in order to...
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UK Regulators Approve First Cryptocurrency Hedge Fund
The fund was founded in 2017 by former BlackRock and REW AG employees.
Read in CoinDesk: https://apple.news/
CURRENCIES
Big Dollar In Demand Ahead Of July 4 Break
By Dean Popplewell Wednesday July 3: Five things the markets are talking about With volumes low and markets skittish, global sovereign bonds have managed to extend their month's gains ahead of July 4 celebrations stateside tomorrow on the back of weaker economic data. Equities have traded mixed in the overnight session as US ten-year Treasury note yields fall to their lowest yields in three-years on fading hopes over the Sino-US trade deal and the possibility of fresh tariff hostilities with
Read in Seeking Alpha: https://apple.news/
Forex - Dollar Struggles as Fed Rate Cuts Bets Weigh
Forex Jul 04, 2019 08:50 GMT Investing.com - The dollar was trading near one-week lows against the yen on Thursday as declines in U.S. Treasury yields boosted expectations the U.S. Federal Reserve will cut interest rates later this month. Government bonds are in the middle of a global rally, which has pushed U.S. Treasury yields to the lowest in over two-and-a-half years and sent European yields to record lows on increasing bets major central banks will cut interest rates to bolster the global
Read in Investing.com: https://apple.news/
Loonie Soars as the Canadian Economy Firms While U.S. Wobbles
By Esteban Duarte
Currency is on pace for its highest close since October
Trade latest in stronger-than-expected data from the north
FTSE LIVE: Sainsbury's sales slide; Sterling down in the dumps
Quarterly results from Sainsbury's make for grim reading today. The supermarket, which took a real knock when its planned merger with Asda was vetoed, said sales fell 1.6 per cent.
Read in Daily Mail: https://apple.news/AEe-
Pound to euro exchange rate: Sterling ‘declines’ but could rally - should you buy euros?
THE POUND to euro exchange rate has had a bumpy few days, but sterling could make up lost ground today if data from the service industry is positive. Should holidaymakers buy their euros now? A currency expert offers their advice. The pound to euro exchange rate is 1.1141, according to the latest data from Bloomberg. Sterling struggled against the Eurozone currency yesterday, but could be in for a more positive day today. Brexit has provided a complicated backdrop for the exchange rate - but
Read in Express: https://apple.news/AHQ-
Ugandan shilling unchanged as banks' and importer demand flat
The Ugandan shilling wasunchanged on Wednesday as demand for hard currency from bothmerchandise importers and commercial banks remained flat.
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UPDATE 1-Croatia set to launch bid for euro adoption waiting room
(Adds details)
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Combat veterans more likely to experience mental health issues in later life
CORVALLIS, Ore. - Military veterans exposed to combat were more likely to exhibit signs of depression and anxiety in later life than veterans who had not seen combat, a new study from Oregon State University shows. The findings suggest that military service, and particularly combat experience, is a hidden variable in research on aging, said...
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(Adds details)
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HEALTH / SCIENCE
Combat veterans more likely to experience mental health issues in later life
CORVALLIS, Ore. - Military veterans exposed to combat were more likely to exhibit signs of depression and anxiety in later life than veterans who had not seen combat, a new study from Oregon State University shows. The findings suggest that military service, and particularly combat experience, is a hidden variable in research on aging, said...
Read in SCIENMAG: https://apple.news/
Fresh Vegetables From Green Giant and Trader Joe's Recalled for Possible Listeria Risk
Packaged butternut squash, cauliflower, and zucchini may be affected
Read in Consumer Reports: https://apple.news/A-4Z-
Packaged butternut squash, cauliflower, and zucchini may be affected
Read in Consumer Reports: https://apple.news/A-4Z-
12 Drug-Resistant Staph Infection Cases Confirmed in Pittsburgh Hospital — Including 6 Babies
Twelve cases of a drug-resistant staph infection have been confirmed in the neonatal intensive care unit (NICU) at the University of Pittsburgh Medical Center Children’s Hospital, CNN reports. The cases include six babies — one of whom is potentially symptomatic — and six symptomatic employees. They have all tested positive for Methicillin-resistant Staphylococcus aureus (MRSA), the hospital told CNN. Staph infections are caused by germs commonly found on the skin or in the nose and can turn
Read in People: https://apple.news/
Twelve cases of a drug-resistant staph infection have been confirmed in the neonatal intensive care unit (NICU) at the University of Pittsburgh Medical Center Children’s Hospital, CNN reports. The cases include six babies — one of whom is potentially symptomatic — and six symptomatic employees. They have all tested positive for Methicillin-resistant Staphylococcus aureus (MRSA), the hospital told CNN. Staph infections are caused by germs commonly found on the skin or in the nose and can turn
Read in People: https://apple.news/
A Guide to Taking Psilocybin Mushrooms
July 03, 2019 Psilocybin: NYU Medical Study Of Psychoactive Mushroom Compound To Treat Cancer Patients In May, Denver, Colorado passed a ballot measure decriminalizing psilocybin mushrooms, more commonly known as magic mushrooms, or simply shrooms. Passed by a narrow majority, Denver residents voting on Ordinance 301 declared "the adult possession and use of psilocybin mushrooms" would become the city's lowest law enforcement priority, further prohibiting the city from spending resources on
Read in Newsweek: https://apple.news/
July 03, 2019 Psilocybin: NYU Medical Study Of Psychoactive Mushroom Compound To Treat Cancer Patients In May, Denver, Colorado passed a ballot measure decriminalizing psilocybin mushrooms, more commonly known as magic mushrooms, or simply shrooms. Passed by a narrow majority, Denver residents voting on Ordinance 301 declared "the adult possession and use of psilocybin mushrooms" would become the city's lowest law enforcement priority, further prohibiting the city from spending resources on
Read in Newsweek: https://apple.news/
Obesity 'causes more cases of some cancers than smoking'
Some common cancers are now more likely to be caused by obesity than tobacco, a charity is warning.
Read in BBC News: https://apple.news/
Some common cancers are now more likely to be caused by obesity than tobacco, a charity is warning.
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10 Foods That Can Help Reduce Bloating
Feeling like you're bloated isn't a great feeling. Not only does it often appear without rhyme or reason, but it also can cause physical discomfort when your clothes feel too tight, or you just feel way too full — like you do after a big meal — to…
Read in Bustle: https://apple.news/
Feeling like you're bloated isn't a great feeling. Not only does it often appear without rhyme or reason, but it also can cause physical discomfort when your clothes feel too tight, or you just feel way too full — like you do after a big meal — to…
Read in Bustle: https://apple.news/
8 foods to avoid if you want to reduce your chances of cancer, diabetes, and early death
Scientists who study large numbers of people around the world have found that certain foods are linked with death, cancer, and diabetes. Of course, eating a little bit of these "bad" foods won't kill you, but they can have a detrimental effect on your health over time. In general, nutritionists recommend eating fresh vegetables and whole grains, and cooking at home when you can. Visit Business Insider's homepage for more stories. Healthy eating can feel like a tricky game. Some diet gurus insist
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Scientists who study large numbers of people around the world have found that certain foods are linked with death, cancer, and diabetes. Of course, eating a little bit of these "bad" foods won't kill you, but they can have a detrimental effect on your health over time. In general, nutritionists recommend eating fresh vegetables and whole grains, and cooking at home when you can. Visit Business Insider's homepage for more stories. Healthy eating can feel like a tricky game. Some diet gurus insist
Read in Business Insider: https://apple.news/
Hand dryers are ‘clearly dangerous’ to children’s hearing, research shows
The next time your kid says the public restroom is too loud, believe her.
Read in The Washington Post: https://apple.news/
The next time your kid says the public restroom is too loud, believe her.
Read in The Washington Post: https://apple.news/
USA / CANADA
US housing market 'cooling' when it could be booming: SALT cap to blame?
One economist said conditions are similar to weakening seen before two prior recessions.
Read in Fox Business: https://apple.news/
Slowing economy will pressure Trump to resolve trade war, strategist says
Alan Miller, CIO and founding partner at SCM Direct, discusses the global economy.
Read in CNBC: https://apple.news/AedvziLt-
Service side of U.S. economy grows at slowest pace in almost 2 years, ISM says
The large service side of the economy grew in June at the softest pace in almost two years, reflecting a broad U.S. slowdown tied in large part to ongoing trade tensions that have hurt growth around the world. So says a new ISM survey.
Read in MarketWatch: https://apple.news/A-
This company is America's best chance to loosen China's grip on rare earths
The only rare earths mine in America is in Mountain Pass, California, where MP Materials is trying to break a hold that China has on the precious commodity.
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U.S. private sector employment grows at disappointingly slow pace
Job growth in the U.S. private sector slowed again during the month of June, according to a new report from ADP Research Institute and Moody’s.
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EMERGING MARKETS
'I Don't Feel Safe': Puerto Rico Preps For Next Storm Without Enough Government HelpNearly two years after Hurricane Maria, the government has made vast improvements and residents have worked together to clean up their communities, but Puerto Rico remains extremely vulnerable.
Read in NPR: https://apple.news/AowAoPt-
Read in NPR: https://apple.news/AowAoPt-
Papayas From Mexico Linked To Salmonella Outbreak In 6 StatesFederal health officials are urging people in six states in the Northeast notto eat fresh papaya from Mexico amid a salmonella outbreak that has sickenedat least 62 people, sending more than a third of them to hospitals.The states affected are Connecticut, Massachusetts, New Jersey, New York,Pennsylvania, and Rhode Island. People in Florida and Texas also fell illafter consuming papaya purchased in one of the six states, the Food and DrugAdministration said Friday."Preliminary analysis of ...
Read in HuffPost: https://apple.news/
Venezuela to blend domestic, imported oil to keep exports afloat: oil ministerVenezuela will stick to its plan of blending domestic and foreign crude to maintain and even increase oil production and exports in the face of sanctions prohibiting U.S. companies from buying the country's oil, oil minister Manuel Quevedo said on Tuesday.
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U.S. sanctions Cuban state-run oil firm over VenezuelaThe United States hastargeted Cuba's state-run company Cubametales as part of itsVenezuela-related sanctions, according to a notice posted on theU.S. Treasury Department's website on Wednesday.
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MIDDLE EAST
Iran, Iraq Move Closer to Dredging Arvand Rud
Iranian and Iraqi officials have discussed further arrangements for a planned clean-up of Arvand Rud border river in a meeting in Tehran.
Read in IFP News: https://apple.news/A0Y7zS-
Iran issues new nuclear ultimatum, warns it may increase enrichment of uranium by “any amount we want”
President Hassan Rouhani says Iran will commence higher-level uranium enrichment from July 7 if the impact of U.S. sanctions is not alleviated.
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OPEC Formally Embraces Russia, Other Non-Members In Expanded "OPEC+"
The Saudi-led oil cartel used to shift world oil markets on its own. These days, it needs help from a few key partners — and OPEC is now officially recognizing its new alliances.
Read in NPR: https://apple.news/AtoA_
Netanyahu says Trump knew in advance of Israel's Iran archive mission
Israeli Prime Minister Benjamin Netanyahu said on Tuesday that he informed U.S. President Donald Trump in advance of what Israel has described as a spy mission in Tehran last year to capture a secret Iranian nuclear archive.
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AFRICA
Zimbabwe: Lawyer Approaches High Court Seeking Reversal of U.S. Dollar BanA top human rights lawyer, Godfrey Mupanga has approached the High Court, seeking an order to reverse Finance Minister Mthuli Ncube's scrapping of the multi-currency basket. Through his lawyers, Scanlen and Holderness Mupanga cited Ncube and Reserve Bank Governor John Mangudya as First and Second respondents respectively on Tuesday. Last week Ncube scrapped the use of the American dollar the dominant force in a basket of currencies adopted in 2009 and designated the Zimbabwean dollar that
Read in AllAfrica: https://apple.news/
Zimbabwe: Chrome Miners in Legal Row Over U.S.$7 Million Ore TheftA local chrome mining company, Afrochine Smelting is being sued for over US$7 million after it allegedly stole ore from a rival company, N.R Barber (Private) Ltd. The case has spilled into the High Court after the Afrochine refused to pay for the chrome ore despite demand from the plaintiff. Afrochine is being sued together with Diamond Cement (Private) Ltd and one Wonder Mavenangano. According to summons by N.R Barber, the chrome was stolen from its chrome mining claim commonly known as Mzila 6
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Zimbabwe: Fuel Tracking System On the CardsGovernment has started implementing a tracking system to plug leakages in the supply of fuel that have exacerbated shortages in the market. This was said by Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa while presenting the 23rd Cabinet Meeting Decision Matrix yesterday. "The Minister of Energy and Power Development (Fortune Chasi) briefed Cabinet on the prevailing fuel and power supply situation in the country," she said. "The Minister informed Cabinet that during
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Zimbabwe: Eskom Confirms Payment From ZimbabweEskom has received payment for electricity services rendered to neighbouring Zimbabwe. "Eskom confirms that the payment made by Zimbabwe is reflecting in its account today," said the power utility on Tuesday. The power utility said it will continue discussions with the Zimbabwe Electricity Supply Authority (ZESA) to find a mutually beneficial solution to the outstanding debt. "Eskom is a commercial operation and will be guided by the contracts we have in place with ZESA," it said. Eskom's
Read in AllAfrica: https://apple.news/AS0BB-I-
Zambia, Zimbabwe to start building Batoka power plant next yearZambia and Zimbabwe will startbuilding the 2,400 MW Batoka Gorge hydro power plant next year,a company jointly owned by the two governments said on Tuesday.
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Why Zimbabwe's Bitcoin Premium is Not a Good Arbitrage Opportunity: Expert OpinionThe economy of Zimbabwe is going through a tectonic shift as the country is witnessing a drastic change again in less than 11 years. The currency of Zimbabwe declined in 2008 due to hyperinflation. The people started to use South African Rand and US dollar instead. Reportedly, in 2008 a loaf of bread cost trillions of Zimbabwe’s currency. This was a disastrous phase that drove the country back to the barter system of trade. On Monday 1st July, the Reserve Bank of Zimbabwe removed US Dollar and
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Zimbabwe president says needs to import 800,000 tonnes of maize -mediaZimbabwe needs to import 800,000tonnes of maize following a drought that reduced the harvest bymore than half, President Emmerson Mnangagwa said on Wednesday,adding that no one in the country would go hungry.
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By the Numbers: Congo’s Deadly Struggle With Illegal MiningAuthorities are struggling to cope with illegal miners digging for riches.
Read in Bloomberg: https://apple.news/
ASIA
SE Asia Stocks-Most waver amid slowdown fears; Thailand gains on foreign inflows* Thailand sees $225.8 mln of foreign inflows in 2 sessions * China's investment in APAC to benefit Thailand - Fitch * Indonesia is biggest loser, energy and financials weigh By Rashmi Ashok July 3 (Reuters) - Most Southeast Asian stock markets closedweaker on Wednesday as lacklustre data from China heightenedworries about tepid global growth, while sole gainer Thailandwas boosted by foreign fund inflows. Following the disappointing manufacturing data from withinthe region, a private survey
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China’s trade war manufacturing exodus could be hastened by EU-Vietnam trade deal, analysts sayVietnam’s booming economy will see another surge of new investment after signing a free-trade agreement with the European Union that could hasten the exodus of manufacturers from China, analysts said. Now, Chinese firms looking to gain lower-tariff access…
Read in South China Morning Post: https://apple.news/A4n-Bmh_
Virtual banks could be bad news for small lenders in Singapore, Moody's says
Credit ratings agency Moody's said in a note that Singapore's decision to issue new digital bank licenses to non-banks will increase competition in the sector.
Read in CNBC: https://apple.news/Az42wPG-_
Offshore China govt bond holdings in June rise at fastest pace this year
Offshore investors boughtChinese government bonds at the fastest pace so far this year inJune, lifting their holdings of the sovereign debt to a recordhigh for a fourth consecutive month.
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Brighter outlook for China’s stock market amid faster market reforms, policy easing, say HFT and HSBC Jintrust
Things are looking up for Chinese stocks in the third quarter, as policies get more accommodative and regulators make it easier for fast-growing technology companies to float their shares, according to two Shanghai-based fund management firms. HFT…
Read in South China Morning Post: https://apple.news/
Vietnam trade deficit widens in April as exports to the US fall short of imports from China
Vietnam’s imports from China are growing at a much faster rate than exports to the US, as manufacturers in the Southeast Asian country rely heavily on final-stage assembly or re-exports, tapping opportunities in the trade war between the world’s two…
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EUROPE
IMF’s Lagarde set to head ECB, wins EU support
Mubasher: The International Monetary Fund's head Christine Lagarde is expected to take the helm of the European Central Bank.
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Emmanuel Macron says EU should not be scared of no-deal Brexit
Emmanuel Macron has said Europe should not be scared of a no-deal Brexit, adding that such an outcome would be the UK’s responsibility.
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GLOBAL MARKETS-Europe rallies as bond yields plough new lows
* European shares climb after Asia sinks into the red
Read in Reuters: https://apple.news/AReXvFW-fQ_
WRAPUP 1-Investors swoop on British build-to-rent sector
* U.S. firm CBRE offers 267 mln pounds for Telford Homes
Read in Reuters: https://apple.news/Aq7BS_-i_
Romania, Poland and Hungary are growing despite Europe's economic stagnation
Overall growth in the big, developed eurozone markets has been stunted at around 1% or less for much of the year, and the bloc may even fall into recession this year, but Central and Eastern Europe's economies have been growing significantly, recent research from Capital Economics shows.
Read in Axios: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI Closed on Friday and Saturday
The currency auction is
There are no news and announcements.
The ISX Closed on Friday and Saturday
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
http://www.dinarguru.com/
7-5-2019 Intel Guru RayRen98 We did NOT receive 800 numbers nor any announcements of the RV. Some Call Centers were manned today ...just in case something "Big" happened. Reportedly, the sequestered banking staff were given the day off and told to return "first thing" in the morning [Friday]. Multiple rates are now being seen....to fit the situation...I suppose. ..."ain't gonna happen on a Friday" theory just might prove false...Time Will Tell.
7-4-2019 Intel Guru Eagleone2025 WE ARE IN A VERY GOOD POSITION I TALKED TO THREE BANKERS INCLUDING EXCHANGE BANKERS THAT HAS SAID WE ARE VERY CLOSE…BANKERS WORKING TOMORROW INTO WEEKEND ALL NEXT WEEK THEY ARE BEING TOLD TO MAN CENTERS...
7-4-2019 Intel Guru MarkZ [Are we getting 800 numbers today?] We will be watching closely today after the president speaks...hearing it could be anytime after...we will be enjoying the 4th celebrations and hope we get them today ...My contacts at Redemption centers will be working tomorrow… From Iraq- No new rates as of yet... [Rate]...for the dong I...expect between $.47 to $2 range...this is what makes sense to me.
7-4-2019 Newshound/Intel Guru Mnt Goat Article quote: "...the delegation of the Security Council, which visited Baghdad yesterday DID NOT DISCUSS THE ISSUE OF LIFTING IRAQ FROM CHAPTER VII." ...this is BIG...We just learned that Iraq is not “fully” out of Chapter VII. It is the provisions to repay Kuwait. But didn’t Kuwait accept a deal to repay with gas sent from Iraq? Isn’t Iraq even building a pipeline to do so? So we see all of this must be recognized still by the UN security council and they voted on to lift “all” of Chapter VII sanctions. So yes, this could be part of the holdup in letting the reinstatement go. But why are they bringing this up now? They are bringing this up now because the Sadr movement want to move ahead and do the reinstatement and get the CBI to complete the project to delete the zeros. Not wait any longer… But there are pieces to this that still must be clean up.
7-4-2019 Intel Guru MarkZ [Are we getting 800 numbers today?] We will be watching closely today after the president speaks...hearing it could be anytime after...we will be enjoying the 4th celebrations and hope we get them today ...My contacts at Redemption centers will be working tomorrow… From Iraq- No new rates as of yet... [Rate]...for the dong I...expect between $.47 to $2 range...this is what makes sense to me.
7-4-2019 Newshound/Intel Guru Mnt Goat Article quote: "...the delegation of the Security Council, which visited Baghdad yesterday DID NOT DISCUSS THE ISSUE OF LIFTING IRAQ FROM CHAPTER VII." ...this is BIG...We just learned that Iraq is not “fully” out of Chapter VII. It is the provisions to repay Kuwait. But didn’t Kuwait accept a deal to repay with gas sent from Iraq? Isn’t Iraq even building a pipeline to do so? So we see all of this must be recognized still by the UN security council and they voted on to lift “all” of Chapter VII sanctions. So yes, this could be part of the holdup in letting the reinstatement go. But why are they bringing this up now? They are bringing this up now because the Sadr movement want to move ahead and do the reinstatement and get the CBI to complete the project to delete the zeros. Not wait any longer… But there are pieces to this that still must be clean up.
7-4-2019 Intel/Newshound sandyf The IQD is an Article 14 currency, so where does out of Article 8 come into it. Iraq needs to move to Article 8 for the IQD to gain guaranteed redemption and become internationally recognized. This move would make the currency Partially Convertible, a currency has to be heavily involved in international trade for many years to be recognized as Fully Convertible. Article 14 currencies change value all the time but they are not traded on the lower forex markets only the higher corporate levels. Companies that do handle Article 14 currencies do so at their own risk.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Mahdi's website)
At the time this report was submitted, there are no new articles posted on PM Mahdi's website.
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ARTICLE 2 (from Government of Iraq twitter account)
The @IraqiGovt will continue to work with @UNESCO and other international and Iraqi organisations and groups to restore Iraq’s unique cultural heritage and protect its outstanding human value.
The @IraqiGovt supports the inscription of #Babylon, one of the world most ancient cities and a cradle of human civilization, on @UNESCO’s World Heritage List
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ARTICLE 3
Halabousi calls on those gathered in Baku to vote for Babylon to be on the heritage list
2019/7/4 13:38
[Baghdad-where]
On Thursday, Speaker of the House of Representatives Mohamed Halboussi sent a message to the heads of Arab and foreign delegations attending the World Heritage Committee's 43rd session, organized by the United Nations Educational, Scientific and Cultural Organization (UNESCO) in the Azerbaijani capital Baku.
Iraq is seeking a government and parliamentary effort to put the historic city of Babylon within the World Heritage List.
"The Babylonian civilization is the greatness of the human mind, which, more than seven thousand years ago, achieves art, architecture, thought and law," said Halaboussi. "The Iraqis defended Babylon against the bad guys of old and modern."
"After the victory over the monsters who called on the terrorists who destroyed the monuments of civilization in Mosul, the protection of the ruins of Iraq and the historic city of Babylon became the responsibility of the free world.
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ARTICLE 4
Parliamentary services bear financial responsibility for delaying budget release and delay project
2019/7/4 23:18
Baghdad: Al Furat News) warned the head of the Committee on Services and Reconstruction Parliamentary Walid Sahlani, the delay in the launch of financial allocations to balance self-financing and the reflection on services and completion of projects stalled and slow.
In a statement, Al-Sahlani received a copy of it, the Ministry of Finance "responsibility for delaying the launch of the budget," calling on the Prime Minister "to follow up the subject and avoid repeating the scenarios of previous years to disrupt the launch of the budget for the late months of the year, which impedes the movement of implementation of projects and achieve the aspirations of the people, Which is experiencing a marked deterioration in the level of services. "
The launch of allocations early will contribute significantly to the implementation of service projects planned within the budget within the time limits," stressing that "the importance of balancing self-financing in the work of ministries and governorates and the need to arrive as soon as possible for the purpose of improving services and improve the standard of living.
Sahlani said that "the Ministry of Finance has not been sent to the provinces until today the doors of disbursement of the self-financing budget, which depend on the provinces in the provision of services and secure projects, although the second half of the fiscal year is close to completion.
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ARTICLE 5
The defense clarifies the truth of the Basra operations commander's statement
2019/7/4 17:35
[Baghdad-where]
The Ministry of Defense confirmed Thursday that the commander of Basra operations, General Qassem Jassim Nazzal, did not intend to arrest or prevent journalists during his conversation with a media official. He was complaining about the pressures and leaking information quickly before the information was checked from its source.
The ministry's media advisor said in a statement today that "the Ministry of Defense would like to provide clarification on the statement that appeared on some media attributed to the commander of operations Basra Qassem Jassim Nazzal, which was revealed through the fragmentation of the statement that he threatens media and journalists in the unauthorized demonstrations of detention" .
"After checking the information, it was found that the commander was talking personally with one of the media and did not intend to arrest or prevent journalists, but he was complaining about the pressures and the leak of information quickly before checking the information from its source."
"Unfortunately, this statement was used in a different way, and I made a lot of mistakes and explained that the message of the media is to convey the truth."
"The Ministry of Defense is keen to cooperate and facilitate the work of all media, and we believe that the stability of security and the defeat of terrorism can only be achieved by concerted efforts and the position of the national media and their support for our brave army."
The Joint Operations Command recommended Wednesday that all military commanders stay away from hasty media statements and support the media.
A number of journalists in Basra, recently launched by Hachtag, entitled "The Media," on their social networking sites in response to the chief of operations' warning.
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