WOTS Sunday 7/28/19
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| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1180.7000 | 1177.7000 | 1178.1000 | | 00:00 |
| USD/VND | | | 23180.8800 | 23177.4000 | 23177.4000 | | 00:00 |
| USD/CNY | | | 6.8804 | 6.8715 | 6.8716 | | 00:00 |
| USD/KWD | | | 0.3037 | 0.3035 | 0.3035 | | 00:00 |
| GBP/USD | | | 1.2459 | 1.2376 | 1.2445 | | 00:00 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 00:00 |
| USD/IDR | | | 14009.0000 | 13968.0000 | 13972.0000 | | 00:00 |
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Agreement between Abdul Mahdi and Barzani postponing the session of choosing the governor of Kirkuk
11:34 - 28/07/2019
Special - Mawazine News
A government source revealed on Sunday that Prime Minister Adel Abdul-Mahdi caused the lack of a session of the provincial council of Kirkuk to choose a new governor.
The source told Mawazin News that "the postponement of the Kirkuk Provincial Council for the election of a new governor was agreed by Prime Minister Adel Abdul Mahdi and Kurdistan Regional Government President Barzani pleased."
The source told Mawazin News that "the postponement of the Kirkuk Provincial Council for the election of a new governor was agreed by Prime Minister Adel Abdul Mahdi and Kurdistan Regional Government President Barzani pleased."
The Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK) agreed during a meeting on Thursday (July 11, 2019) in Sulaymaniyah that Tayyib Jabbar, governor of Kirkuk, was officially elected.
For his part, said the spokesman of the Kurdistan Democratic Party, Mahmoud Mohamed, said that "the formation of committees to dialogue with Baghdad on the issue of the governor of Kirkuk."
He pointed out that "these committees will begin in the coming days in negotiations with the political parties of the rest of the components in Kirkuk in this regard."
He pointed out that "there was a shortage we wanted to fill, which is the participation of all political parties and components in Kirkuk the issue of choosing a governor."
He pointed out that "these committees will begin in the coming days in negotiations with the political parties of the rest of the components in Kirkuk in this regard."
He pointed out that "there was a shortage we wanted to fill, which is the participation of all political parties and components in Kirkuk the issue of choosing a governor."
Is the end of NATO approaching?
28/07/2019 12:26 AM |
In the eyes of a Russian military analyst, the beginning of the end of NATO was on the horizon.
In the eyes of a Russian military analyst, the beginning of the end of NATO was on the horizon.
This is evidenced, for example, by the reluctance of NATO members to purchase military equipment from the United States, which views NATO, in the opinion of military analyst Alexander Berendjiev, as a commercial project to market US military equipment.
The analyst said in a press statement that Italy rejected almost a year ago the purchase of fighter jets American "F-35 Turkey recently announced its intention to refuse to purchase US Patriot missile systems. A few days ago, the Bulgarian president vetoed the purchase of F-35 aircraft from the United States. s
This, in the opinion of the analyst, reveals a breach of NATO's unity and warns of the possibility of its collapse in the future. NATO will not end soon, the analyst says, but it is on the verge of an end, as NATO members are beginning to recognize the downside of armament cooperation with the United States, which sees it necessary for NATO countries to support the US military industry while NATO members have begun to reject it.
Prime Minister announces the start of work at the port of FAO and reveals solutions to the issue of Kirkuk (expanded)
28/7/2019
Prime Minister announces the start of work at the port of FAO and reveals solutions to the issue of Kirkuk (expanded)
Prime Minister Adel Abdul-Mahdi, announced the start of work in the port project of Faw in the province of Basra and overlooking the Gulf.
"The cabinet approved a lot of decisions during its Tuesday session, the most prominent of which is the start of work in the port of Faw, a work that will strengthen the ports of Iraq and provides great employment opportunities, especially for the children of Basra," said Abdul Mahdi.
He added that "the Council of Ministers voted and finally on the rules of procedure of the Council, and we rely on strengthening all the positive from the past to address the difficulties we are facing."
"The Council of Ministers discussed the reality of Iraqi women and the need for their participation and full support, and we must lift the injustice and injustice on women and ensure their rights guaranteed by the Constitution and to obtain the right like men."
"We discussed how the return of Iraqis displaced from the fighting in Syria, and we have controls on how to deal with foreign concerns."
"We are committed to looking at all the legitimate demands of different segments of the people, and we are in important contact with the unions and all these segments to know the needs of all citizens and identify them.
"We are not only the authority to limit their orders to others, as much as we are partners with everyone, and the government is only important to serve the people and provide security and basic interests of the Iraqi people."
"We expect a series of important visits to Iraq, as well as visits by Iraqi officials abroad, and this is evidence that Iraq has become an important hub and its status and regional and international role."
"We issued a number of decisions and recommendations to select public inspectors, define integrity and others. We are drawing a map of corruption, whether in the state or in public life, to find out how it happened and where to set up mechanisms to combat it and not go to general definitions of corruption."
"Our person in the Supreme Council for Combating Corruption has more than 22 articles that depict the corruption of its people and hit its organizations and individuals."
"The battle with terrorism in Syria will cut back on what is called to carry out terrorist acts, but we have put forward pre-emptive plans to pursue and strike him. We will not leave him time to regain his breath," Abdul Mahdi said. "He said.
On Kirkuk, he said, "We have to find basic solutions to the issue of Kirkuk, and there is a tendency to resolve and resolve the issue of disputed areas as we are today in a positive atmosphere to help solutions."
He pointed out that "corruption is not an individual or a personal issue, but systems, and if we do not recognize these systems and disclose them we will continue to revolve around people, and without encircling the systems of corruption it is difficult to fight corrupt people."
"We have committed ourselves not to travel outside Iraq and have made significant progress over the past period, although travel is important for Iraq, we will do it, and we are keen to prepare a code and a document of honor regulating the relationship between the state and the media."
"We will work with the House of Representatives to organize a relationship between the deputies and the executive authority to exercise all its function, mission and competence, and we discussed in the Council of Ministers tax reform, the citizen when paying taxes to obtain parallel services leading to improve living conditions.
He pointed out that "some taxes lead to damage to the national economy and Treasury because of the mentalities do not see only the state economy and neglected the economy or civil private economy and its importance in revitalizing the economy."
"The cabinet approved a lot of decisions during its Tuesday session, the most prominent of which is the start of work in the port of Faw, a work that will strengthen the ports of Iraq and provides great employment opportunities, especially for the children of Basra," said Abdul Mahdi.
He added that "the Council of Ministers voted and finally on the rules of procedure of the Council, and we rely on strengthening all the positive from the past to address the difficulties we are facing."
"The Council of Ministers discussed the reality of Iraqi women and the need for their participation and full support, and we must lift the injustice and injustice on women and ensure their rights guaranteed by the Constitution and to obtain the right like men."
"We discussed how the return of Iraqis displaced from the fighting in Syria, and we have controls on how to deal with foreign concerns."
"We are committed to looking at all the legitimate demands of different segments of the people, and we are in important contact with the unions and all these segments to know the needs of all citizens and identify them.
"We are not only the authority to limit their orders to others, as much as we are partners with everyone, and the government is only important to serve the people and provide security and basic interests of the Iraqi people."
"We expect a series of important visits to Iraq, as well as visits by Iraqi officials abroad, and this is evidence that Iraq has become an important hub and its status and regional and international role."
"We issued a number of decisions and recommendations to select public inspectors, define integrity and others. We are drawing a map of corruption, whether in the state or in public life, to find out how it happened and where to set up mechanisms to combat it and not go to general definitions of corruption."
"Our person in the Supreme Council for Combating Corruption has more than 22 articles that depict the corruption of its people and hit its organizations and individuals."
"The battle with terrorism in Syria will cut back on what is called to carry out terrorist acts, but we have put forward pre-emptive plans to pursue and strike him. We will not leave him time to regain his breath," Abdul Mahdi said. "He said.
On Kirkuk, he said, "We have to find basic solutions to the issue of Kirkuk, and there is a tendency to resolve and resolve the issue of disputed areas as we are today in a positive atmosphere to help solutions."
He pointed out that "corruption is not an individual or a personal issue, but systems, and if we do not recognize these systems and disclose them we will continue to revolve around people, and without encircling the systems of corruption it is difficult to fight corrupt people."
"We have committed ourselves not to travel outside Iraq and have made significant progress over the past period, although travel is important for Iraq, we will do it, and we are keen to prepare a code and a document of honor regulating the relationship between the state and the media."
"We will work with the House of Representatives to organize a relationship between the deputies and the executive authority to exercise all its function, mission and competence, and we discussed in the Council of Ministers tax reform, the citizen when paying taxes to obtain parallel services leading to improve living conditions.
He pointed out that "some taxes lead to damage to the national economy and Treasury because of the mentalities do not see only the state economy and neglected the economy or civil private economy and its importance in revitalizing the economy."
Federal Court confirms an increase in follow-up decisions of Iraqi and international researchers
Release Date: 2019/7/28 11:41 • 53 times read
The Federal Supreme Court confirmed on Saturday that its decisions are of great interest to Iraqi and international researchers, pointing out that the issue is translated into English, and helped to increase the followers of its website from different countries, foremost Russia and the United States And Sweden.
The spokesman of the court Ayas al-Samuk, in a statement received {Euphrates News} a copy of it, that "the website of the Federal Supreme Court is witnessing a large turnout does not include only researchers and interested in the constitutional and legal, where it went to the popular circles."
"The first six months of this year showed about 190 thousand visitors to the site," Samok said.
He pointed out that "the analysis of the number of visits indicates this increase, after the number of nearly 21 thousand browsers, exceeded the number during the month of June, the past 50 thousand visitors."
"More than 43 thousand new visitors entered the website of the Federal Supreme Court during the first half of this year," Samok said.
He pointed out that "the statistics showed that the most topics covered by the entrants to the website are the judgments of the Federal Supreme Court, and then news, articles and research."
He pointed out that "the interest shown by researchers to browse the new version of the analytical index of the provisions and decisions of the Federal Supreme Court and its principles."
He explained that "visitors to the website are browsing about eight pages each time they enter, and more than four minutes, as the peak times of visits are from eight o'clock to one after midnight."
He pointed out that "the analysis of the level of visits showed a popular interest in browsing the news and qualitative decisions, because it is not only related to researchers and those interested in the legal issue."
The official spokesman noted that "the most visited countries of the website after Iraq are in sequence" The Russian Federation, America, Sweden, France, Egypt, Britain, Denmark, Germany, Turkey, Canada, Lebanon, UAE, India, South Africa, Japan, Malaysia, Morocco, Saudi Arabia, Norway, Ukraine, Angola. "
"The statistics showed an increase in the number of foreign countries that are browsing compared to last year, such as: Russia, the United States of America, Britain," noting that "all judgments and decisions published on the website are translated into English and an hour to spread" .
"The most downloaded files during the first half of this year are the book of the President of the Federal Supreme Court Judge Medhat al-Mahmoud [Judiciary in Iraq], and the rulings of the Federal Supreme Court No. (118 / federal / 2015) and [39 / Federal / 2019} .
He added, "an increase in the number of visitors to the site through smart devices and tablets, which are running on the {Android} and {ios}, on the expense of visitors to the website using computers
"The first six months of this year showed about 190 thousand visitors to the site," Samok said.
He pointed out that "the analysis of the number of visits indicates this increase, after the number of nearly 21 thousand browsers, exceeded the number during the month of June, the past 50 thousand visitors."
"More than 43 thousand new visitors entered the website of the Federal Supreme Court during the first half of this year," Samok said.
He pointed out that "the statistics showed that the most topics covered by the entrants to the website are the judgments of the Federal Supreme Court, and then news, articles and research."
He pointed out that "the interest shown by researchers to browse the new version of the analytical index of the provisions and decisions of the Federal Supreme Court and its principles."
He explained that "visitors to the website are browsing about eight pages each time they enter, and more than four minutes, as the peak times of visits are from eight o'clock to one after midnight."
He pointed out that "the analysis of the level of visits showed a popular interest in browsing the news and qualitative decisions, because it is not only related to researchers and those interested in the legal issue."
The official spokesman noted that "the most visited countries of the website after Iraq are in sequence" The Russian Federation, America, Sweden, France, Egypt, Britain, Denmark, Germany, Turkey, Canada, Lebanon, UAE, India, South Africa, Japan, Malaysia, Morocco, Saudi Arabia, Norway, Ukraine, Angola. "
"The statistics showed an increase in the number of foreign countries that are browsing compared to last year, such as: Russia, the United States of America, Britain," noting that "all judgments and decisions published on the website are translated into English and an hour to spread" .
"The most downloaded files during the first half of this year are the book of the President of the Federal Supreme Court Judge Medhat al-Mahmoud [Judiciary in Iraq], and the rulings of the Federal Supreme Court No. (118 / federal / 2015) and [39 / Federal / 2019} .
He added, "an increase in the number of visitors to the site through smart devices and tablets, which are running on the {Android} and {ios}, on the expense of visitors to the website using computers
Halabousi to visit Kuwait to activate ...
28-07-2019 11:57 AM
Parliament Speaker Mohamed Halboussi will begin an official visit to Kuwait at the head of a high-ranking delegation to discuss the results of the Kuwait International Conference on the Reconstruction of Iraq held in February last year.
The Iraqi delegation will discuss with Kuwaiti officials ways to invest the funds launched by the Kuwait conference, which amounted to more than 30 billion dollars in the form of loans and investments to rebuild what was destroyed by the war on terrorism.
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Increased US pressure on the Baghdad government to reduce its subordination to Iranian influence
28/07/2019
The stalemate Baghdad government stands in line with the alliance with Tehran at the expense of its relationship with Washington, which has responded with a series of sanctions against Iraqi figures close to Iran, with the expectation of further pressure against the Iraqi-Iranian alliance.
In a new challenge to US sanctions on Iran, Iraqi Prime Minister Adel Abdul-Mahdi said during a quick visit to Tehran, Baghdad's failure to comply with US sanctions on Iran and that his government "has not and will not be part of the sanctions on Iran." Developments in the region. However, foreign press reports pointed to mediation by Abdul Mahdi to defuse a serious crisis between Iran and the Western world against the backdrop of Tehran's threat to freedom of navigation in the Persian Gulf after the detention of a British tanker, especially that the visit came in conjunction with US efforts to form a new international alliance to secure navigation in Strait of Hormuz. The timing of Abdul-Mahdi's sudden visit to Tehran after announcing his postponement of his visit to Washington twice because of lack of agreement on the date, has a meaning that is not hidden.
In an incident related to the internal situation in Iraq and its external outbursts, the unknown raid on a camp for the popular crowd in the northern Iraqi city of Amerli, in which information was mixed between vague government statements about the organization and the accusations of armed factions that the United States and Israel left behind to target the popular crowd, Confrontation between the parties.
During his meeting with some journalists, Abdul-Mahdi fled to determine who bombed the camp and focused on questioning the press accounts of the incident, including the reports that blamed Israel for the attack on the headquarters, describing it as "not accurate" without indicating what actually happened there. That many sources confirmed the raid, most notably the announcement of the security information cell (official) the injury of two elements of the popular crowd by shelling from an unknown aircraft to camp in the district of Ameri in Salahaddin province. A spokesman for the Salahuddin Operations Command told the popular crowd, Mushtaq Taleb, that "the popular crowd has suffered many blows and will be treated this time differently."
The deputy of the Badr bloc Hamid al-Musawi, what happened that "the war with Israel is coming," asserting that "the American-Iranian conflict reached its peak and became a threat to the region," while the Secretary-General of the Council of Arab tribes in the disputed areas, Thaer al-Bayati, "The camp was Including ballistic missiles recently transferred from Iran, as well as elements of Hezbollah and the Revolutionary Guard, killing some of them. "
Some of the political forces and analysts considered that the raid is the beginning of an Israeli scenario similar to the raids carried out on the positions of the Syrian regime and the Iranian and Shiite militias there, especially as some Israeli leaders have warned that they will not allow the establishment of missile bases for Iranian militias in Iraq, Many do not rule out some pro-Iranian factions stockpiling rockets in their camps that could be used if a US-Iranian conflict erupts. These fears were reinforced when Abdul Mahdi expressed concern that some journalists were pressuring their questions about his government's ability to curb the outlawed militias, which were keen not to submit to the government, but only to talk about the need to impose government authority and arms control, stressing that the popular mobilization would not be resolved or merged In the armed forces, such as the army and the police. It will remain an independent entity of its own, a point that fosters the fears of many local, regional and international bodies of the continued role of the crowd and its known loyalties and the inability of the government to restrain or control it.
The US sanctions against Iraqi figures close to Iran, some leaders in the popular crowd, on charges of corruption and violation of human rights to strengthen the conviction that the US-Iranian conflict on the Iraqi arena, will have multiple aspects, and reflected US intentions to intervene more in the Iraqi issue To limit Iranian influence.
The reactions to these sanctions, which are expected to include other personalities, have varied between the silence of the Iraqi government and Abdul Mahdi's lack of reference to "his government's monitoring of these moves and its referral to the US sanctions file for his legal advisers to decide on them" and the rejection of political forces, Which is a violation of Iraqi sovereignty and targeting the leaders of the popular crowd, and it aims to re-formulate political alliances in the political process, and calls have been issued to the Iraqi government to challenge sanctions through legal means.
It is certain that the threats to target the popular mobilization camps, the American sanctions on officials close to Iran, the American waving of lifting Iraq from the exceptions to the sanctions on Iran, the recent withdrawal of US troops from the tense area of Qaim on the Syrian border, and other actions are American letters to the Baghdad government, Confirms its rejection of the continued dominance of Iran on the affairs of the country, and the willingness of the United States and its allies to take further actions to achieve this goal.
Learn about the candidates to lead the IMF
Editorial date: 2019/7/28 11:07 • 74 times scheduled
(Reuters) - European Union governments are working on choosing one European candidate from a list of five candidates to succeed Christine Lagarde, IMF director, a French official said.
The official said the list of candidates for the EU would include former Dutch president of the Council of Ministers of Finance of the Euro-Zone, Nadia Calvino, Spanish Minister of Economy, Mario Santino, Portuguese President of the Council of Ministers of Finance of the euro, Olli Rehn, Governor of the Central Bank of Finland and Cristalina Georgieva, Executive Director of the World Bank.
France is leading the process of selecting a European candidate.
The International Monetary Fund (IMF) announced that its executive board had adopted an "open, merit-based and transparent" process to select a new director to replace Christine Lagarde, with a view to selecting a candidate by October 4.
In his statement, the Office did not mention any potential candidate, but said the next director would have to have a "distinct record" of high-level economic decision-making as well as the management and diplomatic skills required to run a large global institution.
France is leading the process of selecting a European candidate.
The International Monetary Fund (IMF) announced that its executive board had adopted an "open, merit-based and transparent" process to select a new director to replace Christine Lagarde, with a view to selecting a candidate by October 4.
In his statement, the Office did not mention any potential candidate, but said the next director would have to have a "distinct record" of high-level economic decision-making as well as the management and diplomatic skills required to run a large global institution.
The Baghdad Council is surprised by Abdul-Mahdi's "ignoring" him at the last meeting
1:26 - 28/07/2019
Information / Baghdad ..
BAGHDAD (Reuters) - Baghdad's provincial council said on Sunday it was surprised that Prime Minister Adel Abdul-Mahdi ignored the invitation of the council's president to discuss the security and service situation of the province, stressing that the council is the body responsible for planning public policies for the province.
"The Baghdad Provincial Council is surprised by Prime Minister Adel Abdul Mahdi's failure to invite the president of the council and the heads of the security and services committees to the special meeting to discuss the security and service situation in the province," said Raad Jabbar al-Khamisi, head of the media committee.
Al-Khamisi added that "the Prime Minister's action is wrong because the Council is the only body that sets the general policies of the province and at all levels." He called on the prime minister to "explain the reasons for not inviting the president of the council to meet."
On the other hand, al-Khamesi expressed his question about "the reason why the Governor of Baghdad was not invited to join with the accompanying delegation to the current Speaker of the House of Representatives Mohammad Al Halbusi. The delegation included 10 governors." Ending / 25
Parliamentary finance responds to news of the reduction of salaries and allowances of employees
Editorial date: 2019/7/28 21:08 • 5458 times read
(Baghdad: Al-Furat News) The parliamentary Finance Committee replied on Saturday to the news that the media reported on the further reduction of salaries of employees.
Committee member Shirwan Mirza said in a press statement that the news circulated by some local media about increasing the salaries of employees and reducing the allocations of others is incorrect, pointing out that the House of Representatives conducted the first and second reading of the Civil Service Law.
Mirza added that the law did not address the increase or reduction of salaries of employees, noting that, the law gives the authority to the federal government to pay special allowances for employees who have a few salaries.
Mirza added that the law did not address the increase or reduction of salaries of employees, noting that, the law gives the authority to the federal government to pay special allowances for employees who have a few salaries.
Iraq announces the establishment of the largest naval base for the army in Basra
Release date: 2019/7/28 • 230 times read
(Baghdad: Al-Furat News) revealed the Minister of Defense Najah al-Shammari, the establishment of the largest naval base for the Iraqi army in the province of Basra.
This came during his visit to the province of Basra on Saturday, accompanied by the Minister of Transport and Chairman of the Committee on Security and Defense Parliamentary and Assistant Chief of Staff of the army operations and senior officers in the leadership.
A statement of the ministry, received {Euphrates News} a copy of it, that "was received by the commander of Basra operations and the commander of the naval force, where he briefed Shammari stages of the construction of the port of Faw."
During the visit, he announced "the establishment of the largest military naval base for the Iraqi army in Basra, while inspecting the leadership of the base of Umm Qasr air base and Shuaiba air familiar with the details of the work of al Qaeda."
Al-Shammari stressed "the need to upgrade the reality of the military institution in its various aspects.
A statement of the ministry, received {Euphrates News} a copy of it, that "was received by the commander of Basra operations and the commander of the naval force, where he briefed Shammari stages of the construction of the port of Faw."
During the visit, he announced "the establishment of the largest military naval base for the Iraqi army in Basra, while inspecting the leadership of the base of Umm Qasr air base and Shuaiba air familiar with the details of the work of al Qaeda."
Al-Shammari stressed "the need to upgrade the reality of the military institution in its various aspects.
Chinese Ambassador to Abadi: Our people have all respect and appreciation for Iraq
Editorial date: 2019/7/28 21:52 • 132 times read
(Xinhua) - Chinese Ambassador to Iraq Zhang Tao said on Saturday that the Chinese people have all respect and appreciation to Iraq during his meeting with the leader of the victory coalition Haider Abadi in the office of the latter in Baghdad.
Abadi said in a statement received by the {Euphrates News}, that "during the meeting discussed the strengthening of bilateral cooperation between Baghdad and Beijing and strengthening in various fields and the work of Chinese companies and the completion of projects in Iraq."
They also discussed the situation in the region and its impact on Iraq and the world.
"The Chinese people have all the respect and appreciation of Iraq and the highly popular person of Abadi in China after the great victory over the gangs of terrorist advocates, as China has been very interested in the war and its consequences," the Chinese ambassador said.
They also discussed the situation in the region and its impact on Iraq and the world.
"The Chinese people have all the respect and appreciation of Iraq and the highly popular person of Abadi in China after the great victory over the gangs of terrorist advocates, as China has been very interested in the war and its consequences," the Chinese ambassador said.
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Swiss supreme court gives green light to UBS client data transfer to France
Switzerland's supreme court on Friday voted in favor of handing over historical data on over 40,000 UBS clients to French authorities in a landmark ruling.
Read in Reuters: https://apple.news/
Biggest analyst calls of the day: Goldman Sachs, Bank of America, Match & more
Here are the biggest calls on Wall Street on Friday
Read in CNBC: https://apple.news/
A 'bank run' is a real risk at the moment: CreditSights
Ismael Pili of CreditSights discusses the state of the banking sector.
Read in CNBC: https://apple.news/
Next Recession: The Case For A 36% Stock Market LossVisual review of the S&P 500 since 1962, focusing on inflation-adjusted price changes and losses during bear markets.Isolation of the extraordinary differences associated with the last two bear markets, and their lack of any counterparts during the 1960s, 1980s or 1990s.Calculation of base case losses in a potential new recession and bear market, based on changes from prior markets.
Read in Seeking Alpha: https://apple.news/
The Dow Is Rising After the U.S. Economy Grew at a Faster-Than-Expected RateU.S. gross domestic product grew at a 2.1% clip during the second quarter, better than the 2% growth forecast by economists. While-better-than-expected, U.S. economic growth slipped from the 3.1% rate during the first quarter.
Read in Barron's: https://apple.news/AmNr15_
Emerging markets are pulling in funds, but is investor optimism justified?This time last year, the MSCI Emerging Markets Index, a leading gauge of stocks in developing economies, was halfway through a brutal sell-off triggered by tighter monetary policy in the United States and the escalation of the US-China trade war. Fast…
Read in South China Morning Post: https://apple.news/
SFOX: Ethereum May No Longer Be An Altcoin
If crypto were a Spaghetti Western, you'd probably see a budget Clint Eastwood summarize investor attitudes in a single line: "There are two types of cryptocurrency in this world: Bitcoin, and everything else." But there might be a third option. A new report by the crypto primary dealer SFOX found that throughout July, Ether (ETH)...
Read in Crypto Briefing: https://apple.news/
The first time in months, the largest transaction on the Ethereum chain
How the Fab Five Fared In aggregate since yesterday, the “fab five” — Litecoin, Bitcoin, Bitcoin Cash, Ethereum, and Ripple — were down -0.49%. Out of the aforementioned five, Bitcoin Cash gave investors the best daily return; it was up 3.64%, which has its price now near $313.03 USD. In terms of the worst performer, that would be Litecoin, which reported a day-over-day return of -2.32% — a move that puts its price around $92.24 USD. Out of the five coins observed here, one cryptocurrency were
Read in Coin Insider.: https://apple.news/Am46epw_
Bitcoin Price Can Reach $20k All-Time High In 2019, Says Mike Novogratz
Bitcoin can recover to its all-time highs of $20,000 by the end of this year, Galaxy Digital CEO Mike Novogratz believes. Institutions To Push BTC To $20k Speaking in his latest interview with mainstream media this week, infamous Bitcoin bull Novogratz said institutions should drive markets higher in H2 2019. “We had a big move from $4000 to around $13,500 and I think we’re going to consolidate… $8500 should probably be the low that holds,” he summarized to Bloomberg Canada about current price
Read in Bitcoinist.net: https://apple.news/
Who Invests In Bitcoin? The Answer Might Surprise You
There are several common perceptions about investors in bitcoin and other cryptocurrencies. For example, bitcoin investors are generally thought of as younger people and as a very small subset of the population. In order to get a better idea of who is interested in and investing in bitcoin, Grayscale recently commissioned a survey. Conducted by Q8 Research, this survey asked 1,100 U.S. investors between the ages of 25 and 64 about bitcoin, and some of the results are surprising. One-third of U.S
Read in International Business Times: https://apple.news/
Bitcoin: Chinese Buyers Are Highly Active in OTC Market
The OTC market in Dubai shows that Chinese buyers are highly active again and paying a premium. Does this mean another bull run?
Read in Forbes: https://apple.news/A-
Abra App to Restrict Services for US Users Over Regulatory Issues
Crypto investment app Abra is cutting back the crypto options for U.S. customers citing "regulatory uncertainty and restrictions" in the country.
Read in CoinDesk: https://apple.news/
Bull Case for Bitcoin Weakest Since February, Price Indicator Says
The bullish mood in the bitcoin market is at its weakest in five months, according to key technical indicator.
Read in CoinDesk: https://apple.news/
Stable Value Is Our Monetary Goal, Not "Stable Prices"
You want "stable value" not "stable prices." That's why CPI targeting will never work well.
Read in Forbes: https://apple.news/
Dollar Cautiously Firm As GDP Awaited, Euro Recovery Lost Steam | Action Forex
Dollar turns mixed in Asian session today but remains the strongest one for the week. Recent economic data from US, including yesterday’s durable goods orders, have been solid, and raised some doubts on the need for Fed easing. Sterling is currently the second strongest for the week, followed by Euro. The common currency was lifted […] The post Dollar Cautiously Firm As GDP Awaited, Euro Recovery Lost Steam appeared first on Action Forex.
Read in Action Forex: https://apple.news/
What’s behind the crazy move in eurodollar
The markets thought they knew what to expect from Mario Draghi and the European Central Bank Thursday morning. But it looks like what was delivered was far from the expected, and caused the euro to drop against the dollar, then spike.
Read in Barron's: https://apple.news/A4lj-
Negative yields see record euro borrowing from emerging markets
Emerging market borrowers areloading up with record amounts of euro-denominated debt inanticipation of even more deeply negative interest rates andprotracted easy money from the European Central Bank.
Read in Reuters: https://apple.news/
The pound may head toward $1.10 if there's a no-deal Brexit: DBS
Radhika Rao of DBS Bank says there are factors stacked against the British pound in the third quarter.
Read in CNBC: https://apple.news/
Pound to euro exchange rate: Sterling drops - and is unlikely to improve today experts say
THE POUND to euro exchange rate dropped after hitting a July high yesterday as markets responded to the European Central Bank’s dovish policy announcement and euro extended gains following a press conference from President Draghi. So what does this mean for you? The pound to euro exchange rate has fallen once again following announcements from the ECB. The exchange rate had previously hit a month-high as GBP climbed following Boris Johnson’s accession to the role of British Prime Minister.
Read in Express: https://apple.news/ASr6_
Australian dollar falls - Inside Retail
Aussies dollar falls further against greenback. The post Australian dollar falls appeared first on Inside Retail.
Read in Inside Retail: https://apple.news/A17-
US sees China as a threat not just economically but militarily, geopolitically: Jon Hilsenrath
WSJ Global Economics Editor Jon Hilsenrath on the U.S. economic outlook and mounting trade tensions with China.
Read in Fox News: https://apple.news/
US economy slowed to 2.1% growth rate in second quarter
US economy slows to 2.1% growth rate in Q2 as consumer rebound offset by rising trade deficit
Read in ABC News: https://apple.news/
Economic growth slows less than expected in second quarter
Gross domestic product increased at a 2.1 percent annualized rate in the second quarter, vs forecasts of 1.8 percent.
Read in NBC News: https://apple.news/
Trump’s 3% Growth Feat in 2018 Undone by Annual Data Revisions
President Donald Trump failed to achieve his much-ballyhooed 3% target for economic growth in 2018 after all.
Read in Bloomberg: https://apple.news/
The Fed Says Inflation Is Too Low - Diversified Commodity ETFs Agree, But Gold Does Not
The Fed cited low inflation as justification for a rate cut.The cost of living is rising.Inflation measures - an art rather than a science look at gold in all currencies.DBC - commodity prices are low.Other commodity ETFs agree - the Fed and other central banks could go too far.
Read in Seeking Alpha: https://apple.news/
Why Trump is winning his war with the Federal Reserve
President Donald Trump may finally get his wish for lower interest rates next week, a year after he chastised newly minted Federal Reserve Chairman Jerome Powell over the issue for the very first time.
Read in CNN Politics: https://apple.news/
USMCA is $4B a day of trade between US, Canada, Mexico: U.S. Chamber of Commerce CEO
"This is an unbelievable agreement," said Tom Donohue.
Read in Fox News: https://apple.news/
Performance Of Latin American Markets In Q2 2019
As most global markets and regions have performed well in the first half of 2019, it is great to see that Latin America has kept up with its more developed regional counterparts, although at a slower pace.Looking at countries in the region, Brazil has continued to generate some of the best returns in South America, particularly when looking at risk-adjusted returns.Argentina's economy has continued to struggle, although economists agree that, despite an economic contraction in 2019, there is
Read in Seeking Alpha: https://apple.news/
EMERGING MARKETS-Assets fall after ECB fails to act; Russia central bank eyed
* Russian central bank meeting at 1030 GMT
Read in Reuters: https://apple.news/ADhSDfcuER_
Argentina: Bitcoin-Based Settlements, OTC BTC Trading Trending
In Argentina, performing international bank transactions can be problematical and expensive, particularly international money transfers. To overcome these issues, Banco Masventas, a provincial bank, now offers Bitcoin-based money transfers. Also, over-the-counter bitcoin trading is swiftly picking up pace despite massive price volatility. Private Banks do Not Exchange Money to Non-account Holders Bank policies in Argentina have varied over time as to whether a non-account holder can exchange
Read in Bitcoinist.net: https://apple.news/As-
Argentina cuts red tape to spur gas exports
Argentina will sharply cutthe approval process for gas exports, the energy ministry saidon Friday, as the country looks to ramp up developments of itshuge unconventional Vaca Muerta shale play and become a netenergy exporter.
Read in Reuters: https://apple.news/Aa4q-o73-
Worldline debt issue takes negative yields to new frontiers
* French payments company raises 600 mln euros
Read in Reuters: https://apple.news/
Brazil's Petrobras reports 3.8% growth in Q2 oil, gas output
Brazil's state oil firmPetroleo Brasileiro SA said on Friday totalsecond-quarter oil and gas production was 2.633 million barrelsper day of oil equivalent, up 3.8% from the previous quarter.
Read in Reuters: https://apple.news/
UPDATE 1-Brazil's IMC merges with Pizza Hut, KFC master franchiser in Brazil
(Adds IMC valuation, background)
Read in Reuters: https://apple.news/
Amazon deforestation accelerating to unrecoverable 'tipping point'
Data confirms fears that Jair Bolsonaro’s policy encourages illegal logging in Brazil Deforestation of the Brazilian Amazon has surged above three football fields a minute, according to the latest government data, pushing the world’s biggest rainforest closer to a tipping point beyond which it cannot recover. The sharp rise – following year-on-year increases in May and June – confirms fears that president Jair Bolsonaro has given a green light to illegal land invasion, logging and burning.
Read in the guardian: https://apple.news/
Illegal Deforestation Is Pushing Amazon Rainforest to 'Tipping Point'
July 26, 2019 The Brazilian Amazon rainforest is being cleared away at such a fast rate that it is approaching a "tipping point" beyond which it may not be able to recover, an expert has warned. As trees are lost, researchers say there is a risk that large swathes of the forest could transition to savannah as they lose the ability to make their own rainfall via evaporation and transpiration from plants. This could have significant implications for global warming, given that the rainforest
Read in Newsweek: https://apple.news/
EMERGING MARKETS-Assets fall after ECB fails to act; Russia central bank eyed
* Russian central bank meeting at 1030 GMT
Read in Reuters: https://apple.news/ADhSDfcuER_
PA's Mahmoud Abbas declares suspension of all deals with Israel
Mahmoud Abbas, the president of the Palestinian Authority (PA), has announced the suspension of all agreements signed with Israel. The 84-year-old's declaration on Thursday came after an emergency meeting of the Palestine Liberation Organization in the wake of Israel's demolition this week of several Palestinian buildings in Sur Baher village - a move Abbas described as an act of "ethnic cleansing". "We announce the leadership's decision to stop implementing the agreements signed with the
Read in Aljazeera: https://apple.news/
Israel’s latest home demolitions highlight the need for UN censure
Israel’s latest home demolitions highlight the need for UN censure
Read in TRT World: https://apple.news/
U.N. says Syria air strikes killed at least 100 civilians in past 10 days
Air strikes by the Syrian government and its allies on schools, hospitals, markets and bakeries have killed at least 103 civilians in the past 10 days, including 26 children, U.N. human rights chief Michelle Bachelet said in a statement on Friday.
Read in Reuters: https://apple.news/
Flags of inconvenience: noose tightens around Iranian shipping
Somewhere on its journey from the waters off Iran, around Africa's southern tip and into the Mediterranean, the Grace 1 oil tanker lost the flag under which it sailed and ceased to be registered to Panama. Iran later claimed it as its own.
Read in Reuters: https://apple.news/
Zimbabwe: Gweru Left With Six Weeks Water Supply
A water crisis looms in Gweru, amid indications that its main source of potable water, Gwenoro Dam, is left with six weeks' supply. Gweru Mayor Councillor Josiah Makombe confirmed the development, while addressing community leaders during a sensitisation meeting at Town House on Tuesday. He said council was faced with a crisis due to erratic water supplies. "Our main supplier dam, Gwenoro is now left with six weeks water supply. We continue to ration the supplies but as council we are running
Read in AllAfrica: https://apple.news/AgABPJ_3RO_
Zimbabwe: Mutare Starts Installing Solar Street Lights
MUTARE City Council has started installing solar street lights to counter increased power cuts by ZESA. The first phase is being rolled out from Zuva Service Station after Magamba Road turn-off up to Wise Owl Motel. Speaking to The Herald, Mutare City Council spokesperson Mr Spren Mutiwi said the project had been on the cards for a while and is meant to ensure that the city is not left in total darkness during power cuts. "The issue of increased power cuts prompted us to embark on this project,
Read in AllAfrica: https://apple.news/AqTD-
Zimbabwe: Fuel Price Hikes Stoke Inflation
The frequent hike in fuel prices will only increase inflationary pressures, with analysts projecting it to reach 250% by year-end. The Zimbabwe Energy Regulatory Authority this week raised fuel prices by 23% for diesel from ZW$5,84 to ZW$7,19 and 22,4% for petrol from ZW$6,10 to ZW$7,47. Retailers have announced that the prices of goods will shoot up by 10% as a result. This comes at a time the country is in the throes of a deepening economic crisis characterised by a debilitating liquidity
Read in AllAfrica: https://apple.news/
Zimbabwe: World Must Be Patient With Zimbabwe On Reforms - SB Moyo
Since taking over power from long-time leader Robert Mugabe in a military coup in 2017, President Emmerson Mnangagwa has sought to end Zimbabwe's pariah status through an international re-engagement process. The country has been in isolation since early 2000 following the chaotic and often violent land reform programme widely condemned by the international community. Mnangagwa's point man on the diplomatic front, Foreign Affairs Minister Sibusiso Moyo (SM), has, despite the continued isolation,
Read in AllAfrica: https://apple.news/
Africa: Prime Minister Boris Johnson and Africa
Britain's former Foreign Secretary and the Mayor of London Mr Boris Johnson has been elected as the country's next Prime Minister following his successful election as the leader of the Conservative Party. He has resumed office last Wednesday, as the 76th Prime Minister of the country, succeeding Theresa May who announced her resignation on the 7th of last month. He expectedly and comfortably beat his rival, the current Foreign Secretary, Jeremy Hunt by 92,153 votes to 46,656 representing 66.4
Read in AllAfrica: https://apple.news/
Africa: German Colonialism and the Long-Forgotten Dibobe Petition
Equal rights for Africans in Germany and the colonies - that's what 18 Africans demanded 100 years ago. A plaque in Berlin commemorates the long-forgotten Dibobe Petition. What Martin Dibobe and a group of fellow Africans demanded in the summer of 1919 truly packed a punch. Pledging "undying loyalty" to the young Weimar Republic, they also submitted petitions to the National Assembly and the colonial ministry, demanding what amounted to a small revolution - equal rights for Germans and Africans
Read in AllAfrica: https://apple.news/
Asian markets pull back as Japan-South Korea trade tensions escalate
Asian shares were lower Friday as investors continued to watch the brewing trade conflict between China and the U.S., and any signs of what’s in store from central banks.
Read in MarketWatch: https://apple.news/
Asia Gold-Consumers turn sellers after prices rally, silver shines
* Dealers in India offer discounts for eighth straight week
Read in Reuters: https://apple.news/Aqw--
China vows to boost prison terms, fines for capital market cheaters
China's stock market watchdogvowed on Friday to change the law to boost prison terms andfines for cheaters in capital markets, following a series ofhigh-profile corporate scandals that burnt investors.
Read in Reuters: https://apple.news/
How Close Is China To A Financial Crisis?
China haters have been waiting for a financial crisis out of China since at least the early 2000s. Some bad news...
Read in Forbes: https://apple.news/
China pushing for world’s largest regional trade deal without US, hailing ‘momentum’ with Asian partners
China is pushing hard to conclude the world’s largest regional trade agreement, hailed as “the most important free trade deal in East Asia”, before the end of 2019 by rallying delegates from 16 countries that crucially does not include the United States…
Read in South China Morning Post: https://apple.news/
China import expo expects more US firms to participate this year in Shanghai despite trade war
A larger number of companies from the United States will participate in the government-backed China International Import Expo in Shanghai in November despite the ongoing trade war, the Ministry of Commerce said on Friday. The import fair, which made its…
Read in South China Morning Post: https://apple.news/
EU fears 'Brexit Cold War' after Boris Johnson warns on Irish backstop
Member states are starting to contemplate the possibility that the UK will not bow to pressure from the bloc - raising the danger of a bitter economic and security standoff lasting years.
Read in Daily Mail: https://apple.news/
Italy-EU relations could be set to deteriorate, strategist says
Peter Kinsella, global head of forex strategy at Union Bancaire Privee, says new European Commission President Ursula von der Leyen is likely to take a harsher stance on Rome.
Read in CNBC: https://apple.news/
Indonesia says EU anti-subsidy duty part of plan to block palm oil
The European Union's proposalto impose anti-subsidy duties on Indonesian biodiesel is part ofa "grand design" to block palm oil, a senior official atIndonesia's Trade Ministry said on Friday.
Read in Reuters: https://apple.news/
Will Ireland Buckle in the Face of Johnson? Don’t Count on It
As Boris Johnson cements his power in London, the mood in Dublin remains resolute.
Read in Bloomberg: https://apple.news/
Bullying won't break EU unity, Merkel ally tells UK's Johnson
The European Union will not be bullied into compromising its principles, Norbert Roettgen, a German lawmaker and ally of Chancellor Angela Merkel, said in a warning to British Prime Minister Boris Johnson.
Read in Reuters: https://apple.news/
Europe: The New Land Of Fiscal Responsibility
European debt and financial risks are on steady decline, making the zone less risky than most believe.Valuations remain much lower than its counterparts in North America.While bottom line inflation has fallen, core and wage inflation have shown strength.The current economic slowdown has created a fire-sale opportunity for long-term investors.
Read in Seeking Alpha: https://apple.news/AS-
Lagarde will have 'very little' left to tackle euro zone weakness, bank CEO says
The next European Central Bank (ECB) chief will have "very little" ammunition left to prop up the euro zone in times of economic stress, according to the CEO of Austrian banking group Erste.
Read in CNBC: https://apple.news/
GLOBAL/NEWS/INFO
Today in History
Today in History
Read in ABC News: https://apple.news/
Delaying Social Security and need guaranteed income? Here's one option
If a soon-to-be retiree wants to put off taking Social Security to let those benefits grow, a specific type of annuity sometimes can help bridge the gap.
Read in CNBC: https://apple.news/
Here's exactly how to tell if you need a financial advisor, a robot, or nobody at all
Financial advisors can help you make big money decisions. Some financial decisions call for reinforcement; others, you can probably handle on your own - at least for now. You should consider hiring a financial advisor if you need specific advice or you're too overwhelmed or confused by your money to plan for retirement or invest in the stock market. You probably don't need a financial advisor if you want to know where to save money or invest a few thousand dollars. If you decide to seek
Read in Business Insider: https://apple.news/Ajn5-
OIL/COMMODITIES/ENERGY
The Reasoning Behind Gold's Breakout
Gold's dramatic move above $1400 has caught the investment establishment by surprise.Physical gold ETFs, as a proxy for direct portfolio investment, amount to only 0.05% of the estimated $250 trillion of global investment values.One month ago, gold made a dramatic move above a three-year consolidation (delineated by the pecked lines in Chart 1), confirming for technical analysts that a bull market in gold dating from the December 2015 low at $1,050 is alive and well.
Read in Seeking Alpha: https://apple.news/
Gold bounces higher after first read of U.S. second-quarter GDP
Gold futures head higher Friday, after briefly taking a dip into negative territory, following the first estimate of second-quarter U.S. gross domestic product, which indicated the economy was healthy but slowing and might still warrant a rate cut by the Federal Reserve.
Read in MarketWatch: https://apple.news/
Gold Prices Rise; All Eyes on U.S. Q2 GDP Data, Fed Meeting
Commodities Jul 26, 2019 05:17 GMT Gold futures for August delivery on the Comex division of the New York Mercantile Exchange inched up 0.1% to $1,415.25 a troy ounce by 1:13 AM ET (5:13 GMT). The yellow metal was under some pressure earlier in the day after data showed new orders for durable goods in the U.S. rose by more than double the forecasts for June. Core capital goods orders also beat expectations by much more than expected, suggesting that business spending on equipment was picking up
Read in Investing.com: https://apple.news/AF2p-
Oil Prices Set for Weekly Gain as Middle East Tensions Outweigh Economic Concerns
Commodities Jul 26, 2019 11:45 GMT Investing.com - Oil prices were on track for weekly gains as Middle East tensions supported prices while traders waited for the latest reading on U.S. economic growth amid hopes that central banks would tackle any weakness. New York-traded West Texas Intermediate crude futures gained 40 cents, or 0.7%, to $56.42 a barrel by 7:42 AM ET (11:42 GMT), while Brent crude futures, the benchmark for oil prices outside the U.S., rose 34 cents, or 0.5%, to $63.73. U.S
Read in Investing.com: https://apple.news/
U.S. Tight Oil Legacy Decline And U.S. Tight Oil Scenarios
US tight oil legacy decline can be estimated by assuming no future tight oil completions in the various US tight oil basins.For different plays the timing of the maximum legacy decline rate occurs in different months due to differences in well profiles and completion rates over time.The average maximum output of US tight oil wells in the first quarter of 2019 was 689 bo/d based on data from shaleprofile.com.
Read in Seeking Alpha: https://apple.news/
Energy Contrarians Have Some Value
Oil price forecasters are often described as making sheep look like independent thinkers, but contrarians are often ignored, despite their possible value.
Read in Forbes: https://apple.news/
BANKS/BANKING/CREDIT
A hard inquiry dings your credit score every time you want to borrow money, but it's not a bad thing
A hard inquiry may temporarily ding your credit score. A hard inquiry is a request made by a lender who wants to view your credit report before approving you for a new loan or line of credit. With your permission, a lender receives a copy of your credit report, which lists your account and payment history, and other hard inquiries from the last two years. Too many hard inquiries in a short period of time may raise red flags for lenders because they signal a high volume of new accounts and may
Read in Business Insider: https://apple.news/
What Is a Bank Routing Number and Where Is It Found?
Where can you find those pesky nine digits and what do they actually mean? The moment should ring familiar to most of us. You need access to your bank account for one reason or another and it needs you to provide your bank routing number. Too long for you to memorize, too infrequently needed for you to always keep on you, the string of digits remains a practice as frustrating as it is persistent in the banking industry. But what exactly is it, what can you do with it, and most importantly, where
Read in TheStreet: https://apple.news/
6 ways your credit card can save you money on your next trip, from checked bag benefits to free Global Entry
The right credit card can get you a free checked bag, among other travel benefits. The points and miles you earn from rewards credit cards can help you spend less money on your next vacation. Beyond using points from cards like the Platinum Card® from American Express to book flights and hotel stays, you can use benefits like annual statement credits to save on everything from checked bag fees to food to resort fees. Many credit cards, from the premium Citi Prestige to the Capital One Venture
Read in Business Insider: https://apple.news/AM2ZDqe-
THE RISE OF BANKING-AS-A-SERVICE: The most innovative banks are taking advantage of disruption by inventing a new revenue stream — here's how incumbents can follow suit
This is a preview of THE RISE OF BANKING-AS-A-SERVICE research report from Business Insider Intelligence. 14-Day Risk Free Trial: Get full access to this and all Fintech industry research reports. Fintechs are encroaching on incumbents' share in the banking game, forcing them to explore new business models - but tech-savvy legacy banks can treat this as an opportunity rather than a threat by moving into the Banking-as-a-Service (BaaS) space. BaaS platforms enable fintechs and other third parties
Read in Business Insider: https://apple.news/AKPEKFF-
Swiss supreme court gives green light to UBS client data transfer to France
Switzerland's supreme court on Friday voted in favor of handing over historical data on over 40,000 UBS clients to French authorities in a landmark ruling.
Read in Reuters: https://apple.news/
Biggest analyst calls of the day: Goldman Sachs, Bank of America, Match & more
Here are the biggest calls on Wall Street on Friday
Read in CNBC: https://apple.news/
A 'bank run' is a real risk at the moment: CreditSights
Ismael Pili of CreditSights discusses the state of the banking sector.
Read in CNBC: https://apple.news/
TREASURIES/BONDS/STOCKS
Next Recession: The Case For A 36% Stock Market LossVisual review of the S&P 500 since 1962, focusing on inflation-adjusted price changes and losses during bear markets.Isolation of the extraordinary differences associated with the last two bear markets, and their lack of any counterparts during the 1960s, 1980s or 1990s.Calculation of base case losses in a potential new recession and bear market, based on changes from prior markets.
Read in Seeking Alpha: https://apple.news/
The Dow Is Rising After the U.S. Economy Grew at a Faster-Than-Expected RateU.S. gross domestic product grew at a 2.1% clip during the second quarter, better than the 2% growth forecast by economists. While-better-than-expected, U.S. economic growth slipped from the 3.1% rate during the first quarter.
Read in Barron's: https://apple.news/AmNr15_
Emerging markets are pulling in funds, but is investor optimism justified?This time last year, the MSCI Emerging Markets Index, a leading gauge of stocks in developing economies, was halfway through a brutal sell-off triggered by tighter monetary policy in the United States and the escalation of the US-China trade war. Fast…
Read in South China Morning Post: https://apple.news/
CRYPTO'S / DIGITAL CURRENCY
SFOX: Ethereum May No Longer Be An Altcoin
If crypto were a Spaghetti Western, you'd probably see a budget Clint Eastwood summarize investor attitudes in a single line: "There are two types of cryptocurrency in this world: Bitcoin, and everything else." But there might be a third option. A new report by the crypto primary dealer SFOX found that throughout July, Ether (ETH)...
Read in Crypto Briefing: https://apple.news/
The first time in months, the largest transaction on the Ethereum chain
How the Fab Five Fared In aggregate since yesterday, the “fab five” — Litecoin, Bitcoin, Bitcoin Cash, Ethereum, and Ripple — were down -0.49%. Out of the aforementioned five, Bitcoin Cash gave investors the best daily return; it was up 3.64%, which has its price now near $313.03 USD. In terms of the worst performer, that would be Litecoin, which reported a day-over-day return of -2.32% — a move that puts its price around $92.24 USD. Out of the five coins observed here, one cryptocurrency were
Read in Coin Insider.: https://apple.news/Am46epw_
Bitcoin Price Can Reach $20k All-Time High In 2019, Says Mike Novogratz
Bitcoin can recover to its all-time highs of $20,000 by the end of this year, Galaxy Digital CEO Mike Novogratz believes. Institutions To Push BTC To $20k Speaking in his latest interview with mainstream media this week, infamous Bitcoin bull Novogratz said institutions should drive markets higher in H2 2019. “We had a big move from $4000 to around $13,500 and I think we’re going to consolidate… $8500 should probably be the low that holds,” he summarized to Bloomberg Canada about current price
Read in Bitcoinist.net: https://apple.news/
Who Invests In Bitcoin? The Answer Might Surprise You
There are several common perceptions about investors in bitcoin and other cryptocurrencies. For example, bitcoin investors are generally thought of as younger people and as a very small subset of the population. In order to get a better idea of who is interested in and investing in bitcoin, Grayscale recently commissioned a survey. Conducted by Q8 Research, this survey asked 1,100 U.S. investors between the ages of 25 and 64 about bitcoin, and some of the results are surprising. One-third of U.S
Read in International Business Times: https://apple.news/
Bitcoin: Chinese Buyers Are Highly Active in OTC Market
The OTC market in Dubai shows that Chinese buyers are highly active again and paying a premium. Does this mean another bull run?
Read in Forbes: https://apple.news/A-
Abra App to Restrict Services for US Users Over Regulatory Issues
Crypto investment app Abra is cutting back the crypto options for U.S. customers citing "regulatory uncertainty and restrictions" in the country.
Read in CoinDesk: https://apple.news/
Bull Case for Bitcoin Weakest Since February, Price Indicator Says
The bullish mood in the bitcoin market is at its weakest in five months, according to key technical indicator.
Read in CoinDesk: https://apple.news/
CURRENCIES
Stable Value Is Our Monetary Goal, Not "Stable Prices"
You want "stable value" not "stable prices." That's why CPI targeting will never work well.
Read in Forbes: https://apple.news/
Dollar Cautiously Firm As GDP Awaited, Euro Recovery Lost Steam | Action Forex
Dollar turns mixed in Asian session today but remains the strongest one for the week. Recent economic data from US, including yesterday’s durable goods orders, have been solid, and raised some doubts on the need for Fed easing. Sterling is currently the second strongest for the week, followed by Euro. The common currency was lifted […] The post Dollar Cautiously Firm As GDP Awaited, Euro Recovery Lost Steam appeared first on Action Forex.
Read in Action Forex: https://apple.news/
What’s behind the crazy move in eurodollar
The markets thought they knew what to expect from Mario Draghi and the European Central Bank Thursday morning. But it looks like what was delivered was far from the expected, and caused the euro to drop against the dollar, then spike.
Read in Barron's: https://apple.news/A4lj-
Negative yields see record euro borrowing from emerging markets
Emerging market borrowers areloading up with record amounts of euro-denominated debt inanticipation of even more deeply negative interest rates andprotracted easy money from the European Central Bank.
Read in Reuters: https://apple.news/
The pound may head toward $1.10 if there's a no-deal Brexit: DBS
Radhika Rao of DBS Bank says there are factors stacked against the British pound in the third quarter.
Read in CNBC: https://apple.news/
Pound to euro exchange rate: Sterling drops - and is unlikely to improve today experts say
THE POUND to euro exchange rate dropped after hitting a July high yesterday as markets responded to the European Central Bank’s dovish policy announcement and euro extended gains following a press conference from President Draghi. So what does this mean for you? The pound to euro exchange rate has fallen once again following announcements from the ECB. The exchange rate had previously hit a month-high as GBP climbed following Boris Johnson’s accession to the role of British Prime Minister.
Read in Express: https://apple.news/ASr6_
Australian dollar falls - Inside Retail
Aussies dollar falls further against greenback. The post Australian dollar falls appeared first on Inside Retail.
Read in Inside Retail: https://apple.news/A17-
HEALTH / SCIENCE
Leafy Greens With Listeria Sold at Major Supermarkets
Consumer Reports found the bacteria in prewashed and unbagged products. Here's how to stay safe when eating greens.
Read in Consumer Reports: https://apple.news/
Uproar in China after study suggests eating chilli is linked to dementia
Eating chilli may be linked to a decline in cognitive function and an added risk of dementia, a study has found, causing a stir on Chinese social media. The study, published in the journal Nutrients in May, was conducted by five researchers from…
Read in South China Morning Post: https://apple.news/
Brain-eating amoeba kills man after North Carolina water park visit
The Naegleria fowleri amoeba is generally found in warm, fresh water, but cases of human infection are rare
Read in CBS News: https://apple.news/A_
Virginia county confirms 10 Legionnaires' disease cases, investigation into possible source of exposure
Health officials in a Virginia county are investigating an increase of Legionnaires' disease cases.
Read in Fox News: https://apple.news/
Vaping suspected of severely injuring lungs of 8 Wisconsin teens
The teenagers were brought to Children's Hospital of Wisconsin with extreme cough, shortness of breath and fatigue
Read in CBS News: https://apple.news/ARdjB6nH_
Juul spent more than $200,000 targeting children, House investigation finds
Company representatives were called to testify on Capitol Hill this week.
Read in Bloomberg: https://apple.news/
Then vs. Now: The History of Blood Transfusions
The first successful transfusion likely used goose feather quills. You’re pretty lucky if you can go through life without needing a blood transfusion. That said, you’re also pretty lucky if you can get a blood transfusion if you need one. Blood transfusions are literally lifesaving, and they’re easily one of the most important medical advances in history. The Early Beginnings of Blood Transfusions Ancient medicine had a much different understanding of blood and the body than we do now, and they
Read in HealthiNation: https://apple.news/
Always Short of Breath? Here Are Possible Reasons Why
This serious symptom deserves investigation. If you feel like you’re gasping for air—and not just while you’re on the treadmill—that’s definitely a reason for concern. This is a serious respiratory symptom that deserves investigation. Most often, shortness of breath is linked to the lungs or the heart. (One exception would be panic attacks, which are a mental health problem that occur in acute attacks, as opposed to being a chronic symptom.) It might seem like your breathing is just a lung thing
Read in HealthiNation: https://apple.news/
Leafy Greens With Listeria Sold at Major Supermarkets
Consumer Reports found the bacteria in prewashed and unbagged products. Here's how to stay safe when eating greens.
Read in Consumer Reports: https://apple.news/
Uproar in China after study suggests eating chilli is linked to dementia
Eating chilli may be linked to a decline in cognitive function and an added risk of dementia, a study has found, causing a stir on Chinese social media. The study, published in the journal Nutrients in May, was conducted by five researchers from…
Read in South China Morning Post: https://apple.news/
Brain-eating amoeba kills man after North Carolina water park visit
The Naegleria fowleri amoeba is generally found in warm, fresh water, but cases of human infection are rare
Read in CBS News: https://apple.news/A_
Virginia county confirms 10 Legionnaires' disease cases, investigation into possible source of exposure
Health officials in a Virginia county are investigating an increase of Legionnaires' disease cases.
Read in Fox News: https://apple.news/
Vaping suspected of severely injuring lungs of 8 Wisconsin teens
The teenagers were brought to Children's Hospital of Wisconsin with extreme cough, shortness of breath and fatigue
Read in CBS News: https://apple.news/ARdjB6nH_
Juul spent more than $200,000 targeting children, House investigation finds
Company representatives were called to testify on Capitol Hill this week.
Read in Bloomberg: https://apple.news/
Then vs. Now: The History of Blood Transfusions
The first successful transfusion likely used goose feather quills. You’re pretty lucky if you can go through life without needing a blood transfusion. That said, you’re also pretty lucky if you can get a blood transfusion if you need one. Blood transfusions are literally lifesaving, and they’re easily one of the most important medical advances in history. The Early Beginnings of Blood Transfusions Ancient medicine had a much different understanding of blood and the body than we do now, and they
Read in HealthiNation: https://apple.news/
Always Short of Breath? Here Are Possible Reasons Why
This serious symptom deserves investigation. If you feel like you’re gasping for air—and not just while you’re on the treadmill—that’s definitely a reason for concern. This is a serious respiratory symptom that deserves investigation. Most often, shortness of breath is linked to the lungs or the heart. (One exception would be panic attacks, which are a mental health problem that occur in acute attacks, as opposed to being a chronic symptom.) It might seem like your breathing is just a lung thing
Read in HealthiNation: https://apple.news/
USA / CANADA
US sees China as a threat not just economically but militarily, geopolitically: Jon Hilsenrath
WSJ Global Economics Editor Jon Hilsenrath on the U.S. economic outlook and mounting trade tensions with China.
Read in Fox News: https://apple.news/
US economy slowed to 2.1% growth rate in second quarter
US economy slows to 2.1% growth rate in Q2 as consumer rebound offset by rising trade deficit
Read in ABC News: https://apple.news/
Economic growth slows less than expected in second quarter
Gross domestic product increased at a 2.1 percent annualized rate in the second quarter, vs forecasts of 1.8 percent.
Read in NBC News: https://apple.news/
Trump’s 3% Growth Feat in 2018 Undone by Annual Data Revisions
President Donald Trump failed to achieve his much-ballyhooed 3% target for economic growth in 2018 after all.
Read in Bloomberg: https://apple.news/
The Fed Says Inflation Is Too Low - Diversified Commodity ETFs Agree, But Gold Does Not
The Fed cited low inflation as justification for a rate cut.The cost of living is rising.Inflation measures - an art rather than a science look at gold in all currencies.DBC - commodity prices are low.Other commodity ETFs agree - the Fed and other central banks could go too far.
Read in Seeking Alpha: https://apple.news/
Why Trump is winning his war with the Federal Reserve
President Donald Trump may finally get his wish for lower interest rates next week, a year after he chastised newly minted Federal Reserve Chairman Jerome Powell over the issue for the very first time.
Read in CNN Politics: https://apple.news/
USMCA is $4B a day of trade between US, Canada, Mexico: U.S. Chamber of Commerce CEO
"This is an unbelievable agreement," said Tom Donohue.
Read in Fox News: https://apple.news/
EMERGING MARKETS
Performance Of Latin American Markets In Q2 2019
As most global markets and regions have performed well in the first half of 2019, it is great to see that Latin America has kept up with its more developed regional counterparts, although at a slower pace.Looking at countries in the region, Brazil has continued to generate some of the best returns in South America, particularly when looking at risk-adjusted returns.Argentina's economy has continued to struggle, although economists agree that, despite an economic contraction in 2019, there is
Read in Seeking Alpha: https://apple.news/
EMERGING MARKETS-Assets fall after ECB fails to act; Russia central bank eyed
* Russian central bank meeting at 1030 GMT
Read in Reuters: https://apple.news/ADhSDfcuER_
Argentina: Bitcoin-Based Settlements, OTC BTC Trading Trending
In Argentina, performing international bank transactions can be problematical and expensive, particularly international money transfers. To overcome these issues, Banco Masventas, a provincial bank, now offers Bitcoin-based money transfers. Also, over-the-counter bitcoin trading is swiftly picking up pace despite massive price volatility. Private Banks do Not Exchange Money to Non-account Holders Bank policies in Argentina have varied over time as to whether a non-account holder can exchange
Read in Bitcoinist.net: https://apple.news/As-
Argentina cuts red tape to spur gas exports
Argentina will sharply cutthe approval process for gas exports, the energy ministry saidon Friday, as the country looks to ramp up developments of itshuge unconventional Vaca Muerta shale play and become a netenergy exporter.
Read in Reuters: https://apple.news/Aa4q-o73-
Worldline debt issue takes negative yields to new frontiers
* French payments company raises 600 mln euros
Read in Reuters: https://apple.news/
Brazil's Petrobras reports 3.8% growth in Q2 oil, gas output
Brazil's state oil firmPetroleo Brasileiro SA said on Friday totalsecond-quarter oil and gas production was 2.633 million barrelsper day of oil equivalent, up 3.8% from the previous quarter.
Read in Reuters: https://apple.news/
UPDATE 1-Brazil's IMC merges with Pizza Hut, KFC master franchiser in Brazil
(Adds IMC valuation, background)
Read in Reuters: https://apple.news/
Amazon deforestation accelerating to unrecoverable 'tipping point'
Data confirms fears that Jair Bolsonaro’s policy encourages illegal logging in Brazil Deforestation of the Brazilian Amazon has surged above three football fields a minute, according to the latest government data, pushing the world’s biggest rainforest closer to a tipping point beyond which it cannot recover. The sharp rise – following year-on-year increases in May and June – confirms fears that president Jair Bolsonaro has given a green light to illegal land invasion, logging and burning.
Read in the guardian: https://apple.news/
Illegal Deforestation Is Pushing Amazon Rainforest to 'Tipping Point'
July 26, 2019 The Brazilian Amazon rainforest is being cleared away at such a fast rate that it is approaching a "tipping point" beyond which it may not be able to recover, an expert has warned. As trees are lost, researchers say there is a risk that large swathes of the forest could transition to savannah as they lose the ability to make their own rainfall via evaporation and transpiration from plants. This could have significant implications for global warming, given that the rainforest
Read in Newsweek: https://apple.news/
EMERGING MARKETS-Assets fall after ECB fails to act; Russia central bank eyed
* Russian central bank meeting at 1030 GMT
Read in Reuters: https://apple.news/ADhSDfcuER_
MIDDLE EAST
PA's Mahmoud Abbas declares suspension of all deals with Israel
Mahmoud Abbas, the president of the Palestinian Authority (PA), has announced the suspension of all agreements signed with Israel. The 84-year-old's declaration on Thursday came after an emergency meeting of the Palestine Liberation Organization in the wake of Israel's demolition this week of several Palestinian buildings in Sur Baher village - a move Abbas described as an act of "ethnic cleansing". "We announce the leadership's decision to stop implementing the agreements signed with the
Read in Aljazeera: https://apple.news/
Israel’s latest home demolitions highlight the need for UN censure
Israel’s latest home demolitions highlight the need for UN censure
Read in TRT World: https://apple.news/
U.N. says Syria air strikes killed at least 100 civilians in past 10 days
Air strikes by the Syrian government and its allies on schools, hospitals, markets and bakeries have killed at least 103 civilians in the past 10 days, including 26 children, U.N. human rights chief Michelle Bachelet said in a statement on Friday.
Read in Reuters: https://apple.news/
Flags of inconvenience: noose tightens around Iranian shipping
Somewhere on its journey from the waters off Iran, around Africa's southern tip and into the Mediterranean, the Grace 1 oil tanker lost the flag under which it sailed and ceased to be registered to Panama. Iran later claimed it as its own.
Read in Reuters: https://apple.news/
AFRICA
Zimbabwe: Gweru Left With Six Weeks Water Supply
A water crisis looms in Gweru, amid indications that its main source of potable water, Gwenoro Dam, is left with six weeks' supply. Gweru Mayor Councillor Josiah Makombe confirmed the development, while addressing community leaders during a sensitisation meeting at Town House on Tuesday. He said council was faced with a crisis due to erratic water supplies. "Our main supplier dam, Gwenoro is now left with six weeks water supply. We continue to ration the supplies but as council we are running
Read in AllAfrica: https://apple.news/AgABPJ_3RO_
Zimbabwe: Mutare Starts Installing Solar Street Lights
MUTARE City Council has started installing solar street lights to counter increased power cuts by ZESA. The first phase is being rolled out from Zuva Service Station after Magamba Road turn-off up to Wise Owl Motel. Speaking to The Herald, Mutare City Council spokesperson Mr Spren Mutiwi said the project had been on the cards for a while and is meant to ensure that the city is not left in total darkness during power cuts. "The issue of increased power cuts prompted us to embark on this project,
Read in AllAfrica: https://apple.news/AqTD-
Zimbabwe: Fuel Price Hikes Stoke Inflation
The frequent hike in fuel prices will only increase inflationary pressures, with analysts projecting it to reach 250% by year-end. The Zimbabwe Energy Regulatory Authority this week raised fuel prices by 23% for diesel from ZW$5,84 to ZW$7,19 and 22,4% for petrol from ZW$6,10 to ZW$7,47. Retailers have announced that the prices of goods will shoot up by 10% as a result. This comes at a time the country is in the throes of a deepening economic crisis characterised by a debilitating liquidity
Read in AllAfrica: https://apple.news/
Zimbabwe: World Must Be Patient With Zimbabwe On Reforms - SB Moyo
Since taking over power from long-time leader Robert Mugabe in a military coup in 2017, President Emmerson Mnangagwa has sought to end Zimbabwe's pariah status through an international re-engagement process. The country has been in isolation since early 2000 following the chaotic and often violent land reform programme widely condemned by the international community. Mnangagwa's point man on the diplomatic front, Foreign Affairs Minister Sibusiso Moyo (SM), has, despite the continued isolation,
Read in AllAfrica: https://apple.news/
Africa: Prime Minister Boris Johnson and Africa
Britain's former Foreign Secretary and the Mayor of London Mr Boris Johnson has been elected as the country's next Prime Minister following his successful election as the leader of the Conservative Party. He has resumed office last Wednesday, as the 76th Prime Minister of the country, succeeding Theresa May who announced her resignation on the 7th of last month. He expectedly and comfortably beat his rival, the current Foreign Secretary, Jeremy Hunt by 92,153 votes to 46,656 representing 66.4
Read in AllAfrica: https://apple.news/
Africa: German Colonialism and the Long-Forgotten Dibobe Petition
Equal rights for Africans in Germany and the colonies - that's what 18 Africans demanded 100 years ago. A plaque in Berlin commemorates the long-forgotten Dibobe Petition. What Martin Dibobe and a group of fellow Africans demanded in the summer of 1919 truly packed a punch. Pledging "undying loyalty" to the young Weimar Republic, they also submitted petitions to the National Assembly and the colonial ministry, demanding what amounted to a small revolution - equal rights for Germans and Africans
Read in AllAfrica: https://apple.news/
ASIA
Asian markets pull back as Japan-South Korea trade tensions escalate
Asian shares were lower Friday as investors continued to watch the brewing trade conflict between China and the U.S., and any signs of what’s in store from central banks.
Read in MarketWatch: https://apple.news/
Asia Gold-Consumers turn sellers after prices rally, silver shines
* Dealers in India offer discounts for eighth straight week
Read in Reuters: https://apple.news/Aqw--
China vows to boost prison terms, fines for capital market cheaters
China's stock market watchdogvowed on Friday to change the law to boost prison terms andfines for cheaters in capital markets, following a series ofhigh-profile corporate scandals that burnt investors.
Read in Reuters: https://apple.news/
How Close Is China To A Financial Crisis?
China haters have been waiting for a financial crisis out of China since at least the early 2000s. Some bad news...
Read in Forbes: https://apple.news/
China pushing for world’s largest regional trade deal without US, hailing ‘momentum’ with Asian partners
China is pushing hard to conclude the world’s largest regional trade agreement, hailed as “the most important free trade deal in East Asia”, before the end of 2019 by rallying delegates from 16 countries that crucially does not include the United States…
Read in South China Morning Post: https://apple.news/
China import expo expects more US firms to participate this year in Shanghai despite trade war
A larger number of companies from the United States will participate in the government-backed China International Import Expo in Shanghai in November despite the ongoing trade war, the Ministry of Commerce said on Friday. The import fair, which made its…
Read in South China Morning Post: https://apple.news/
EUROPE
EU fears 'Brexit Cold War' after Boris Johnson warns on Irish backstop
Member states are starting to contemplate the possibility that the UK will not bow to pressure from the bloc - raising the danger of a bitter economic and security standoff lasting years.
Read in Daily Mail: https://apple.news/
Italy-EU relations could be set to deteriorate, strategist says
Peter Kinsella, global head of forex strategy at Union Bancaire Privee, says new European Commission President Ursula von der Leyen is likely to take a harsher stance on Rome.
Read in CNBC: https://apple.news/
Indonesia says EU anti-subsidy duty part of plan to block palm oil
The European Union's proposalto impose anti-subsidy duties on Indonesian biodiesel is part ofa "grand design" to block palm oil, a senior official atIndonesia's Trade Ministry said on Friday.
Read in Reuters: https://apple.news/
Will Ireland Buckle in the Face of Johnson? Don’t Count on It
As Boris Johnson cements his power in London, the mood in Dublin remains resolute.
Read in Bloomberg: https://apple.news/
Bullying won't break EU unity, Merkel ally tells UK's Johnson
The European Union will not be bullied into compromising its principles, Norbert Roettgen, a German lawmaker and ally of Chancellor Angela Merkel, said in a warning to British Prime Minister Boris Johnson.
Read in Reuters: https://apple.news/
Europe: The New Land Of Fiscal Responsibility
European debt and financial risks are on steady decline, making the zone less risky than most believe.Valuations remain much lower than its counterparts in North America.While bottom line inflation has fallen, core and wage inflation have shown strength.The current economic slowdown has created a fire-sale opportunity for long-term investors.
Read in Seeking Alpha: https://apple.news/AS-
Lagarde will have 'very little' left to tackle euro zone weakness, bank CEO says
The next European Central Bank (ECB) chief will have "very little" ammunition left to prop up the euro zone in times of economic stress, according to the CEO of Austrian banking group Erste.
Read in CNBC: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Sunday 7/28/19 did update on the indicative rates Sell Rate 1190
The currency auction is 214,353,050
There are no news and announcements.
For the latest update click on the link above.
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
http://www.dinarguru.com/
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.
7-27-2019 Newshound/Intel Guru Mnt Goat So in comes Mutada Sadr who has had enough of this corruption and wants to end it. He then runs an anti-corruption campaign for elections in 2018 and wins. He makes the PM sign agreements to complete a list of the needed reforms. ...These reforms are all about ending the corruption and getting the currency project to delete the zeros done. So far it has been over a year and so what has happened so far? Not much! [post 2 of 2]
7-27-2019 Newshound/Intel Guru Mnt Goat Article: "REVEALED 17 CORRUPTION SUSPICIONS THAT HAVE PLAGUED IRAQ'S CENTRAL BANK OVER THE PAST YEARS" So ending this issue of corruption is not as simple as some...tell you...they say, just RV, and the auctions go away and the corruption ends. Folks it is not that simple then to get the reinstatement (thus eventually a significant rate change we want) when there are billions being stolen. The longer it goes on the longer it will take to stop it. Remember that Dr Shabibi told us in a news media interview after the fact that the CBI had an “unprecedented opportunity” in 2013 to reinstate the dinar and end all this corruption but the corrupt politicians stopped it and reprevented it. This has been the case ever since... [post 1 of 2....stay tuned]
7-27-2019 Intel Guru Delta FROM IMF REPORT: "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 subject to Article XIV, Section 2, and currently maintains one multiple currency practice (MCP) subject to Fund approval under Article VIII, Section 3.1" BYE BYE ARTICLE Article XIV ...WELCOME ARTICLE VIII.
7-27-2019 New Newshound Guru Vital Brad Article "The appointment of new governor of the Central Bank and a head of the Financial Control Bureau" Quote "the council decided to recommend to the House of Representatives to appoint [Ali Abdul Amir Allawi] governor of the Central Bank..." On Tuesday they did some voting and Allaq is out of the CBI governor and the new governor actually worked with Dr. Shabibi on the RI plan. So another critical piece has fallen into place. This is some of the best news we've seen in years. If you've been following you understand putting Allawi into place as the governor as much work as he has done with Shabibi in the past is a really big sign that pieces are falling into place and about to happen...
7-27-2019 Newshound/Intel Guru Frank26 ...Turns out the IMF is happy now. They said look you passed the Financial Management Law, go ahead and implement it now. Change your rate. Lift your three zeros. Bring in the new monetary policy. This is very very good...This [IMF] report is exactly what we wanted to see. They didn't tell them you gotta do this. They didn't tell them here's some more money...no Standby [Agreement] by extension...we wanted to share with you what they are slowly releasing...they're transitioning from a 14 to an 8...this is my opinion. Nobody knows the date. Nobody knows the rate...
7-27-2019 Newshound Guru chattels Article: "IMF Executive Board Concludes 2019 Article IV Consultation with Iraq" Nothing we have not heard before in this recent report, IMO. Iraq continues to have substantial shortcomings in various financial arenas. A cautionary tale of real problems and possible betterment. Tune in next year.
7-27-2019 Intel Guru Delta FROM IMF REPORT: "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 subject to Article XIV, Section 2, and currently maintains one multiple currency practice (MCP) subject to Fund approval under Article VIII, Section 3.1" BYE BYE ARTICLE Article XIV ...WELCOME ARTICLE VIII.
7-27-2019 New Newshound Guru Vital Brad Article "The appointment of new governor of the Central Bank and a head of the Financial Control Bureau" Quote "the council decided to recommend to the House of Representatives to appoint [Ali Abdul Amir Allawi] governor of the Central Bank..." On Tuesday they did some voting and Allaq is out of the CBI governor and the new governor actually worked with Dr. Shabibi on the RI plan. So another critical piece has fallen into place. This is some of the best news we've seen in years. If you've been following you understand putting Allawi into place as the governor as much work as he has done with Shabibi in the past is a really big sign that pieces are falling into place and about to happen...
7-27-2019 Newshound/Intel Guru Frank26 ...Turns out the IMF is happy now. They said look you passed the Financial Management Law, go ahead and implement it now. Change your rate. Lift your three zeros. Bring in the new monetary policy. This is very very good...This [IMF] report is exactly what we wanted to see. They didn't tell them you gotta do this. They didn't tell them here's some more money...no Standby [Agreement] by extension...we wanted to share with you what they are slowly releasing...they're transitioning from a 14 to an 8...this is my opinion. Nobody knows the date. Nobody knows the rate...
7-27-2019 Newshound Guru chattels Article: "IMF Executive Board Concludes 2019 Article IV Consultation with Iraq" Nothing we have not heard before in this recent report, IMO. Iraq continues to have substantial shortcomings in various financial arenas. A cautionary tale of real problems and possible betterment. Tune in next year.
7-27-2019 Intel Guru Frank26 IMF / CBI 19th JULY MEETING - This meeting was extremely important...Iraq is about to start the Post Monetary Program. The IMF is extremely pleased with Iraq. Implement the FML now... because the SBA is done.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
*************
ARTICLE 1 (from PM Mahdi's website; posted on both the Arabic and the English sides)
The Prime Minister, Mr. Adel Abdul Mahdi, holds a special meeting to provide services in the province of Baghdad and meet the needs of citizens
The Prime Minister, Mr. Adel Abdul-Mahdi, today held a special meeting to provide services in the province of Baghdad, and to discuss and develop the reality of services in various districts and districts and meet the needs of citizens.
In the presence of the sectoral ministries (finance, planning, electricity, health, education, reconstruction, housing and municipalities), in addition to the Baghdad Operations Command and the Secretariat of Baghdad and the Governor of Baghdad and a number of officials in the province.
During the meeting, they discussed ways to provide the best services for the people of Baghdad province and provide electricity and potable water, in addition to discussing major projects such as sewage and hospitals and rehabilitation of roads, and the need to find jobs to accommodate the people of the province.
The Prime Minister presented a study and insights on the projects and services within a week to find suitable solutions.
The meeting was attended by Dr. Turhan Mufti, head of the Secretariat of the Supreme Commission for Coordination between the provinces.
Media Office of the Prime Minister
27 July 2019
*************
ARTICLE 2 (from Government of Iraq twitter account)
At the time this report was submitted, there are no new tweets posted on the Government of Iraq twitter account.
*************
ARTICLE 3
Abadi attacks the government of Abdul Mahdi: your achievements "paper" and there is a difference between the theory and reality
2019/7/27 22:13
[Baghdad-where]
Former Prime Minister Haidar al-Abadi attacked in a press conference on Thursday Prime Minister Adel Abdul-Mahdi, while he saw that his achievements on paper only.
On the formation of the current government headed by Adel Abdul Mahdi, Abadi stressed, "The government formed two main parties; [Fatah and others] They believe that this configuration they have a maturity, although they announced the waiver of their entitlements, and in the end we see that there is insistence of the two blocs on the eligibility directory distribution ministries In a certain way without the expense of justice, "adding that" delayed the formation of the government because of the contradiction of the two blocs, and in the end, Prime Minister Adel Abdul-Mahdi chose people who are not convinced and imposed on him, which he said it. "
As for the postponement of Abdul Mahdi's visit to Washington for the second time, Abadi said: "It is not clear to me; but President Donald Trump has his own direction and I do not know his vision about Iraq. He was inclined to withdraw his troops from Iraqi territory because he has no interest in its survival, He wants to spend on his forces, and even his relationship in Europe has been greatly strained because of this subject. "
"There is good communication with the leader of the Sadrist movement Moqtada al-Sadr, they are confused by the Sadrists in their present situation, they are watching the reference letters, and now they are not fully supportive and not opposed, but they have to be clear in their path; either to win the spoils, Building a nation and a homeland for all, "adding that" Moqtada al-Sadr in periods of distance, and the problem is not in the details. "
*************
ARTICLE 4
Hakim to Abdulmahdi: The country is on the verge of a storm threatening the whole system
2019/7/27 15:31
[Baghdad-where]
The head of the National Wisdom Movement Ammar al-Hakim said on Friday that the country is heading for a storm that threatens the entire system and that the support of all the government increases its fragility, pointing out that the possible security chaos is not because of the opposition.
This is in a letter to Hakim, in which he responded to the message of Prime Minister Adel Abdul-Mahdi on Friday, explaining that "my objective goals that led us to the opposition is to protect the political process from turmoil and its extension to the reasons of stability. The opposition is a necessary need in the political arena, not a burden or a source of To the government. "
He added that "our continued demands to empower the opposition are not demands related to the stream of national wisdom, the opposition is a strategic project greater than the political forces in which it is included today, power Tadawul, and tried today are opponents of tomorrow and vice versa also."
Abizaid Hakim, "I have seen and wrote many articles on the importance of political opposition, and today you have a historic opportunity to implement your previous vision on the opposition and you are at the forefront of government sites."
He pointed out that "the fears of disrupting the government and obstructing its work and the cessation of public interests, is one of the main reasons for our call for the establishment of the national constitutional opposition constructive."
He added: "We called early and two years ago the need to form electoral alliances and political cross-sectarianism and nationalism in the country as a preliminary step to sort the space, as well as to reassure the diversity of community."
He explained that "the participation of all in the government and the absence of the arena of the presence of the forces of opposition is clear, will lead the political process, inevitably to slide unknown agendas and destructive practices and violent reactions, as happened in previous years."
"We have discussed and agreed in the past that the national opposition is a true idea and a necessary experiment to consolidate and consolidate the pluralistic democratic system in Iraq and it needs strong and solid foundations to correct the faltering democratic process in the country."
"I express to you my great concern and my great fears about the continuation of the situation of the country as it is now. What I see on the horizon is not limited in the current situation, but is a coming storm that threatens the whole system."
"The gap between the grassroots and successive governments is widening day after day to include skepticism, retreat and retreat from the origin of the democratic system and the popular coldness towards it," he said.
Al-Hakim said that "the opposition must be the free and effective legal freedom of the people in order to adhere to their democratic political system, which allows them to multiply options and to hold responsibilities to the relevant parties clearly."
He explained that "the demand for support for all the government will not address the fragility of the system, but increased by the thinness and lack of credibility and identification of the choices of citizens, which will reflect negatively on the current government and the next governments and the political system as a whole.
"I believe that your presence at the head of the executive establishment on the one hand and the adoption of the stream of national wisdom as an organized, disciplined and moderate body of the establishment of the opposition, on the other hand, are helpful factors in achieving the purpose and success of the experiment."
He added that "the security concerns mentioned in your letter, including the abandonment of things and dragged into sabotage, burning and violence, are the existing fears of the existence of the opposition and non-practices carried out in the past years in which the opposition has not yet emerged."
He called on the government to cooperate with the opposition to control the scene and drop the justifications of violence in it and to identify the aggressors of the peaceful and educate the street to exercise their legitimate rights to demand, demonstration and criticism within the methods of legal, peaceful, purposeful.
He stressed that "the existence of the national opposition is not the main cause of the possible security chaos, but the main reasons lies in the weakness of successive governments in the application of law and arms limitation of the state and the development of security treatments."
"We are going to cover the government, but its power and the role of the opposition will be a strong catalyst and catalyst for its success, not its failure or hindrance."
He pointed out that "what is happening is that you and based on your reading of the arena and the equations of forming the government, you preferred to work with other political and national entities and we appreciate and understand that and respect your decisions and your choices, but this does not mean we are responsible for abandoning responsibility or throwing it or others."
"We believe in the need for gradual choices. The more the government responds to our project, the more we support and support it, and the more we renounce its commitments or respond to our legitimate demands, the more we will push for escalation in the tools of peaceful pressure."
He pointed out that "escalation does not mean at all the use of violence or sabotage or obstruction, but escalation in parliamentary positions and media and in terms of demonstrations and gatherings and other legal means available and the adoption of all constitutional and legal options."
"The journey of a thousand miles begins with the first step. We hope that you will support the first step not by questioning the suspicions and fears of some parties, but by referring to your ideas, your views and your views.
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ARTICLE 5
Halaboussi is considering investing in donor funds in the reconstruction of liberated areas
2019/7/27 15:11
[Follow-up]
The Speaker of the House of Representatives Mohammed Halabousi arrived Saturday, accompanied by a delegation of deputies and ten governors and senior officials to the State of Kuwait on an official visit.
During his visit, Al Halbusi met with his Kuwaiti counterpart Marzouq Al-Ghanim, Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, Prime Minister Jaber Mubarak Al-Hamad Al-Sabah and a number of officials to discuss ways to invest funds allocated for the reconstruction of Iraq at the Kuwait International Donor Conference.
The visit comes within the framework of a series of visits and meetings between officials of the two countries, stressing the strengthening of the prospects of cooperation in all fields to achieve the aspirations of the two neighboring peoples and their aspirations.
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ARTICLE 6
6 foods and drinks activate your mind .. Do not distance it from your table
2019/7/27 15:15
[Follow-up]
Human-fed foods play a key role in maintaining the health of the mind, especially since the mind is the center of control of the body and responsible for keeping your heartbeat and breathing the lungs and allowing you to move, feel and think.
Here comes the role of food selection in promoting the activity of the mind and maintain its health, especially memory and concentration, we review here 6 of them, according to the site "Standard Media."
Coffee
The two main components of coffee, caffeine and antioxidants, help the mind. Caffeine increases alertness, improves mood and makes concentration more intense.
A study found that those who drink coffee in the morning or in small amounts throughout the day are more effective in tasks that require concentration.
Long-term coffee drinking is associated with reduced risk of neurological diseases, such as Parkinson's disease and Alzheimer's.
Turmeric
Curcumin, an active ingredient in turmeric, appears to cross the blood barrier in the brain, which means it can enter the brain directly and benefit cells. It is a powerful anti-oxidant and anti-inflammatory compound.
Curcumin helps improve memory in Alzheimer's patients, relieves depression, enhances serotonin and dopamine, which improves mood.
Curcumin plays a significant role in building new brain cells, and promotes neurotransmitters derived from the brain.
Broccoli
Broccoli is full of powerful compounds, including antioxidants, and has a very high vitamin K content. A person can get the recommended daily intake of 91 grams of broccoli.
This fat-soluble vitamin is essential for the formation of sphingolipids, a type of fat that is packed heavily into brain cells.
In addition to vitamin K, broccoli contains a number of compounds that make it anti-inflammatory and oxidative, which may help protect the brain from damage.
Pumpkin seeds
Pumpkin seeds contain powerful antioxidants, which protect the body and brain from free radical damage. It is also an excellent source of magnesium, iron, zinc and copper.
Zinc is a necessary component of nerve signaling. Magnesium is essential for learning and memory. Copper is used by the brain to help control nerve signals. Iron deficiency is often associated with impaired brain function.
Orange
You can get the vitamin C you need daily by eating one medium-sized orange. This vitamin is a key factor in preventing mental decline associated with aging and Alzheimer's disease.
Vitamin C is a powerful antioxidant that helps fight free radicals that can damage brain cells and support its health with age.
It can also get excellent amounts of vitamin C from sweet peppers, guava, kiwi, tomatoes and strawberries.
Fatty fish
Fatty fish are often at the top of the list of nutritious foods of the brain, including salmon, trout and sardines, all of which are rich sources of omega-3 fatty acids.
Fat is about 60 percent fat, half of that omega-3 fat, which the brain uses to build brain and nerve cells. These fats are essential for learning and enhancing memory.
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