WOTS Tuesday 7/23/19
Forex Rates:
Symbol | Bid | Ask | High | Low | Open | Change | Time |
---|---|---|---|---|---|---|---|
USD/IQD | | | 1169.9000 | 1169.9000 | 1169.9000 | | 00:00 |
USD/VND | | | 23195.5100 | 23182.5000 | 23195.5100 | | 04:56 |
USD/CNY | | | 6.8830 | 6.8778 | 6.8801 | | 05:03 |
USD/KWD | | | 0.3037 | 0.3034 | 0.3035 | | 05:04 |
GBP/USD | | | 1.2478 | 1.2417 | 1.2473 | | 05:05 |
USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 00:00 |
USD/IDR | | | 13988.0000 | 13923.0000 | 13934.0000 | | 05:04 |
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Abdul Mahdi ends his visit to Iran and returns to Baghdad
23/07/2019 12:15 AM |
Al-Ahed News - Baghdad
Prime Minister Adel Abdul Mahdi returned to the capital Baghdad, concluding his visit to the Iranian capital Tehran, which lasted for several hours.
He arrived in the Islamic Republic of Iran at the head of a delegation that includes the two prime ministers, the ministers of finance and oil, the ministers of defense and transport, the national security adviser and a number of officials and advisers.
The Iranian prime minister met with Iranian President Hassan Rowhani during the meeting and discussed relations between the two countries, the two neighboring countries, developments in the region and ways to defuse the current crisis.
Iran, Iraq pledge to strengthen bilateral ties
Tehran, July 23, IRNA- Iran and Iraq vowed on Monday to take further steps to develop their bilateral ties as the two neighbors eye closer regional cooperation.
Iran’s President Hassan Rouhani in a meeting with visiting Iraqi Prime Minister Adel Abdul Mahdi said that Tehran and Baghdad have taken good steps in recent years to inch closer to each other, stressing that such measures will certainly continue in the future.
Abdul Mahdi arrived in Tehran on Monday night, heading a high-level political and business delegation.
“At a time when there isn’t necessary stability and security in the region, all-inclusive ties between Tehran and Baghdad will surely increase peace and stability in the region,” Rouhani said.
He noted that Iran has always been the main guardian of security and freedom of shipping in the Persian Gulf, Strait of Hormuz and the Sea of Oman and “will continue to be”.
“Iran and Iraq, as two friends and neighbours, can develop their ties to promote stability and security in the region,” he added.
Tehran and Baghdad have signed an array of Memoranda of Understanding (MoUs) to expand and develop their ties, especially their economic ones.
Rouhani also noted that developing banking ties between the two countries is important.
The Iranian president stressed that problems can be solved through dialogue and talks between regional countries.
The Iraqi prime minister reiterated that his country is committed to implementing all the agreements.
Adel Abdul Mahdi stressed that Baghdad will never be part of the US sanctions on Iran.
A tripartite summit between Egypt, Jordan and Iraq ... The search for the establishment of a joint oil pipeline and the post-post "urging"
Sunday, March 24,
Preparatory meeting of foreign ministers and heads of intelligence services in the three countries.
Egyptian President Abdel Fattah al-Sisi met with Iraqi Prime Minister Adel Abdul-Mahdi yesterday. (AFP)
CAIRO (Reuters) - Egyptian President Abdul-Fattah al-Sisi, Jordan's King Abdullah II and Iraqi Prime Minister Adel Abdul-Mahdi will hold a three-day summit in Cairo on Sunday.
The three countries seek to develop the joint oil pipeline project, activate intra-regional trade, strengthen cooperation in the fight against terrorism, draw up a post-victory phase in Iraq and Syria, and coordinate positions on the forthcoming Arab summit in Tunisia in line with US intentions. President Trump expressed his recognition of Israeli sovereignty over the occupied Syrian Golan.
Jordanian King Abdullah II and Egyptian President Abdel Fattah al-Sisi during a reception on a previous visit to Cairo. (AFP)
The meeting was held in preparation for the upcoming tripartite summit between Egyptian President Hosni Mubarak and Egypt's Foreign Minister, Abdul-Fattah al-Sisi, King Abdullah of Jordan and Iraqi Prime Minister Adel Abdul-Mahdi, to enhance cooperation and integration between the three countries in various fields, thus contributing to the advancement of cooperation and joint Arab action. "The meeting also witnessed an exchange of views on the most important regional issues and the common security challenges that concern the Arab region and its peoples, including ways to restore security and stability in the region.
Iraqi Prime Minister reiterates his country's Arabism
At a time when the political class in Iraq is accused of being subject to Iranian influence, Iraqi Prime Minister Adel Abdul Mahdi visited the headquarters of the Arab League on his first foreign visit. During the meeting with Arab League Secretary General Ahmed Aboul Gheit and accredited delegates to the Arab League, "We now have advanced relations with Egypt and all neighboring Arab countries, regional and European countries and others," he said.
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3 weeks before the Arab Summit in Tunis: Saudi Arabia links its return to Syria with the progress of the political process
The former Egyptian foreign minister: Iran and Turkey's policies contradict the principles of good neighborliness and Arab mistakes have opened up room for external roles
The former Egyptian foreign minister: Iran and Turkey's policies contradict the principles of good neighborliness and Arab mistakes have opened up room for external roles
Ahmed Aboul Gheit, Secretary General of the League of Arab States, assured Iraqi Prime Minister Adel Abdul Mahdi of the support of the Arab League for the efforts exerted by Baghdad to overcome the crises and reunification of the Iraqi homeland. Aboul Gheit also thanked the Prime Minister for his visit to the Arab League in his first foreign tour , Stressing that Iraq is a key corner in the Arab system, and its role and Arab presence is known to all and appreciated by all.
Foreign Ministry Spokesman Dr. Ahmad al-Sahaf said in a statement to the Independent newspaper that the prime minister's visit aims to strengthen bilateral relations with Egypt and put joint economic projects between Egypt, Jordan and Iraq into effect. Relations and coordination with all parties, especially the Arab countries, especially Egypt as the largest Arab. "
Al-Sahaf said that the tripartite summit meeting is a confirmation of our intention to establish relations of partnership and economic cooperation and close relations with all countries, especially Arab countries.
In a statement on Saturday evening, the Royal Court of Jordan announced the participation of the country's king in the tripartite summit, where King Abdullah arrived in Cairo this morning and was received by Egyptian President Abdel Fattah al-Sisi. According to the official Petra news agency, the summit will focus on boosting economic cooperation Trade and investment between Jordan, Egypt and Iraq, in addition to discussing the latest developments in the region.
Iran, Iraq can reach $20 billion in annual trade balance: CBI
Tehran, July 23, IRNA - Central Bank of Iran (CBI) says reaching a 20-billion-dollar- trade volume with Iraq is not a far-fetched objective.
“The target of 20-billion-dollar trade between Iran and Iraq is not very far-fetched. Developing financial and monetary ties between the two countries will play a good role in reaching this goal,” said CBI Governor Abdolnasser Hemmati in his Instagram on Monday.
Tehran and Baghdad are eager to hit the trade volume of $20bn by 2020.
Hemmati made the remark after meeting Iraqi Finance Minister Fuad Hussein in Tehran on Monday.
A high-level Iraqi delegation, headed by Prime Minister Adel Abdul Mahdi is in Iran to negotiate further development of ties between the two neighbors.
Karbouli appreciates the role of Halabousi by passing the election law and solving the Kirkuk crisis
23-07-2019 12:16 AM
Baghdad:
Mohammed al-Karbouli, a member of the Security and Defense Committee, on Tuesday praised the role of Speaker of the House of Representatives Mohammad Halboussi on the adoption of the Local Elections Law and the resolution of the intractable Kirkuk crisis since 2005.
Kauaihn Iraq Articles:dd
The House of Representatives raises its meeting to next Thursday
23-07-2019 10:14 PM
Baghdad:
Voted the House of Representatives, Monday, to amend the law of provincial elections to raise its meeting to next Thursday.
A parliamentary source told "News" that "the House of Representatives voted on the first amendment to the law of provincial elections not organized in the province and districts of its No. 12 of 2018."
He added that "Parliament and after the completion of the vote on the amendment of the law of local elections raised its meeting to next Thursday at one o'clock in the afternoon."
Some disagreements have taken place within the parliament because of the electoral denominator and the Kirkuk governorate issue. The parliament's presidency insisted that the said law should not be passed without resolving the differences, especially regarding the Kirkuk governorate.
A parliamentary source told "News" that "the House of Representatives voted on the first amendment to the law of provincial elections not organized in the province and districts of its No. 12 of 2018."
He added that "Parliament and after the completion of the vote on the amendment of the law of local elections raised its meeting to next Thursday at one o'clock in the afternoon."
Some disagreements have taken place within the parliament because of the electoral denominator and the Kirkuk governorate issue. The parliament's presidency insisted that the said law should not be passed without resolving the differences, especially regarding the Kirkuk governorate.
Rohani meets Abdul Mahdi and sends a message to Makron
The New Arab Tehran
23 July 2019
TEHRAN: Iranian President Hassan Rowhani said on Monday that his country "does not want to escalate tensions in the region and will not be the start of any war," according to Iranian President Hassan Rowhani on Monday during a meeting with Iraqi Prime Minister Adel Abdul Mahdi. To the position of the Iranian presidency, while the office of Abdul Mahdi, in a brief statement, that he discussed with Rohani "developments in the situation in the region and ways to defuse the current crisis," in addition to "bilateral relations." TEHRAN: Iranian President Hassan Rowhani said on Monday that his country "does not want to escalate tensions in the region and will not be the start of any war," according to Iranian President Hassan Rowhani on Monday during a meeting with Iraqi Prime Minister Adel Abdul Mahdi. To the position of the Iranian presidency, while the office of Abdul Mahdi, in a brief statement, that he discussed with Rohani "developments in the situation in the region and ways to defuse the current crisis," in addition to "bilateral relations."
In the meantime, Rohani sent a political envoy to the Iranian Foreign Ministry, Abbas Araghji, as his special envoy to convey a message to French President Emmanuel Macaron. In the meantime, Rohani sent a political envoy to the Iranian Foreign Ministry, Abbas Araghji, as his special envoy to convey a message to French President Emmanuel Macaron.
On the occasion of the meeting between Rohani and Abdul-Mahdi, the Iranian president said that Iran has "maintained and continues to maintain security and freedom of navigation in the Persian Gulf and the Strait of Hormuz," stressing that it "does not want to escalate tensions in the region and with any country and will not be the first Any war and tension. " On the occasion of the meeting between Rohani and Abdul-Mahdi, the website of the Iranian presidency said that the Iranian president confirmed that Iran "has been and continues to maintain the security and freedom of navigation in the Persian Gulf and Strait of Hormuz," stressing that "do not want to escalate tensions in the region and with any country will not be the prefix Any war and tension."
"Security and stability in the region are important for Iran," Rohani said, adding that Tehran and Baghdad "can expand their cooperation to enhance regional security and stability." "Security and stability in the region are of importance to Iran," Rohani said, adding that Tehran and Baghdad "can expand their cooperation to enhance regional security and stability."
Rohani also said that "the problems of the region must be resolved through dialogue, negotiation and cooperation between its countries and neighbors." Rohani also said that "the problems of the region must be resolved through dialogue, negotiation and cooperation between its countries and neighbors."
On the bilateral relations, the Iranian president stressed "the need for the authorities of the two countries to make efforts to accelerate the implementation of bilateral agreements," praising the relations between the two countries. He said that "today is at an advanced level. The presence of Iranian and Iraqi delegates in various international circles is reassuring that they Defend the mutual interests of the two countries. " On the bilateral relations, the Iranian president stressed "the need for the authorizations of the two countries to make efforts to accelerate the implementation of bilateral agreements," praising the relations between the two countries. He said that "today is at an advanced level." The presence of Iranian and Iraqi delegates in various international circles is reassuring that they defend the mutual interests of the two countries. "
Rohani pointed to the agreement between Tehran and Baghdad to clean Shatt al-Arab or Arund Road, which he reached during his visit to Iraq last March, saying that "the acceleration of the implementation of this agreement in favor of the Iraqi people and Iranian residents of the cities on the shores of the river." Rohani pointed to the agreement between Tehran and Baghdad to clean Shatt al-Arab or Arund Road, which he reached during his visit to Iraq last March, saying that "the acceleration of the implementation of this agreement in favor of the Iraqi people and Iranian residents of the cities on the shores of the river. "
He also called for "redoubling the efforts of the two countries' authorities to implement the agreements in the fields of establishing the railway lines in Basra, establishing joint border industrial cities and cooperation in the energy sector, especially oil, electricity and other fields." He also called for "redoubling the efforts of the two countries' authorities to implement the agreements in the fields of establishing the railway lines in Basra, establishing joint border industrial cities and cooperation in the energy sector, especially oil, electricity and other fields."
Rouhani stressed the need to strengthen security on the common border, pointing in this context to "the importance of combating drug trafficking to Iran." Rouhani stressed the need to strengthen security on the common border, pointing in this context to "the importance of combating drug trafficking to Iran."
While the statement issued by the Office of the Prime Minister of Iraq did not mention his statements and details of his meeting with Rohani, but the Iranian presidency quoted him as saying that "there are conspiracies to increase tensions in the region.
.
In the meantime, Rohani sent a political envoy to the Iranian Foreign Ministry, Abbas Araghji, as his special envoy to convey a message to French President Emmanuel Macaron. In the meantime, Rohani sent a political envoy to the Iranian Foreign Ministry, Abbas Araghji, as his special envoy to convey a message to French President Emmanuel Macaron.
On the occasion of the meeting between Rohani and Abdul-Mahdi, the Iranian president said that Iran has "maintained and continues to maintain security and freedom of navigation in the Persian Gulf and the Strait of Hormuz," stressing that it "does not want to escalate tensions in the region and with any country and will not be the first Any war and tension. " On the occasion of the meeting between Rohani and Abdul-Mahdi, the website of the Iranian presidency said that the Iranian president confirmed that Iran "has been and continues to maintain the security and freedom of navigation in the Persian Gulf and Strait of Hormuz," stressing that "do not want to escalate tensions in the region and with any country will not be the prefix Any war and tension."
"Security and stability in the region are important for Iran," Rohani said, adding that Tehran and Baghdad "can expand their cooperation to enhance regional security and stability." "Security and stability in the region are of importance to Iran," Rohani said, adding that Tehran and Baghdad "can expand their cooperation to enhance regional security and stability."
Rohani also said that "the problems of the region must be resolved through dialogue, negotiation and cooperation between its countries and neighbors." Rohani also said that "the problems of the region must be resolved through dialogue, negotiation and cooperation between its countries and neighbors."
On the bilateral relations, the Iranian president stressed "the need for the authorities of the two countries to make efforts to accelerate the implementation of bilateral agreements," praising the relations between the two countries. He said that "today is at an advanced level. The presence of Iranian and Iraqi delegates in various international circles is reassuring that they Defend the mutual interests of the two countries. " On the bilateral relations, the Iranian president stressed "the need for the authorizations of the two countries to make efforts to accelerate the implementation of bilateral agreements," praising the relations between the two countries. He said that "today is at an advanced level." The presence of Iranian and Iraqi delegates in various international circles is reassuring that they defend the mutual interests of the two countries. "
Rohani pointed to the agreement between Tehran and Baghdad to clean Shatt al-Arab or Arund Road, which he reached during his visit to Iraq last March, saying that "the acceleration of the implementation of this agreement in favor of the Iraqi people and Iranian residents of the cities on the shores of the river." Rohani pointed to the agreement between Tehran and Baghdad to clean Shatt al-Arab or Arund Road, which he reached during his visit to Iraq last March, saying that "the acceleration of the implementation of this agreement in favor of the Iraqi people and Iranian residents of the cities on the shores of the river. "
He also called for "redoubling the efforts of the two countries' authorities to implement the agreements in the fields of establishing the railway lines in Basra, establishing joint border industrial cities and cooperation in the energy sector, especially oil, electricity and other fields." He also called for "redoubling the efforts of the two countries' authorities to implement the agreements in the fields of establishing the railway lines in Basra, establishing joint border industrial cities and cooperation in the energy sector, especially oil, electricity and other fields."
Rouhani stressed the need to strengthen security on the common border, pointing in this context to "the importance of combating drug trafficking to Iran." Rouhani stressed the need to strengthen security on the common border, pointing in this context to "the importance of combating drug trafficking to Iran."
While the statement issued by the Office of the Prime Minister of Iraq did not mention his statements and details of his meeting with Rohani, but the Iranian presidency quoted him as saying that "there are conspiracies to increase tensions in the region.
Parliamentary integrity: the judiciary request to lift the immunity of five deputies
Editorial Date: 2019/7/23 00:51
(Baghdad: Al-Furat News) Revealed member of the Committee on Integrity Parliamentary Abdul Rahim Shammari, on Monday, the High Court of Justice to lift the immunity of 5 deputies; to investigate them on issues related to corruption.
"The judiciary asked the parliament to lift the immunity of 5 members {without revealing their names}," noting that "the five deputies accused of corruption issues involving embezzlement of funds and manipulation of projects during executive positions before they get seats in parliament "He said.
He explained that "lifting the immunity of deputies requires either two-thirds of the members of parliament, or there is a right to the President of the parliament to lift the immunity of the MP in the event of Parliament has a legislative holiday."
It was not immediately clear the position of the parliament speaker of the request, but the House of Representatives enters the legislative holiday early next August.
Article 63 of the Iraqi Constitution states that a member of parliament may not be arrested during the term of the legislative term except with the consent of the members by an absolute majority to lift the immunity.
He explained that "lifting the immunity of deputies requires either two-thirds of the members of parliament, or there is a right to the President of the parliament to lift the immunity of the MP in the event of Parliament has a legislative holiday."
It was not immediately clear the position of the parliament speaker of the request, but the House of Representatives enters the legislative holiday early next August.
Article 63 of the Iraqi Constitution states that a member of parliament may not be arrested during the term of the legislative term except with the consent of the members by an absolute majority to lift the immunity.
Iraq: Provincial Elections Set for April, 2020
Iraq's Independent High Electoral Commission (IHEC) said on Monday that it has scheduled the provincial elections for 1st of April, 2020.
The decision came after the Council of Representatives amended the law of elections during a session on Monday afternoon.
According to the announcement, the vote will also be held in disputed Kurdish province of Kirkuk, while the largest Kurdish political party, the Kurdistan Democratic Party (KDP), has repeatedly made it clear that it will not participate in any elections in Kirkuk before the situation is stabilized in the city.
Due to certain political and security concerns, the vote had been delayed for two years.
The process is said to be held electronically the same as the last parliamentary elections.
Al-Issawi: The deep state is the biggest mafia of corruption and its dominance can not be reduced
Release date: 2019/7/23 9:40 • 221 times read
(Baghdad: Al-Furat News) The leader of the National Wisdom Movement, Abbas al-Issawi, that "the deep state is the biggest mafia of corruption in Iraq."
"The deep state in Iraq is a considerable number of officials, ministers, agents and senior managers who got positions in the country after 2003, now they control the Iraqi money and the contractors and build a network of relationships that enabled them," al-Issawi said in a statement received by the agency. The money they have received from the purchase of the debts of the officials and all those who wish to see him from the matter and in ways that have been adapted to the law. "
"I do not think there is a corruption-fighting institution capable of controlling and limiting their dominance over the state and the government, because there are circles, seminars, and money that have bought many of the decision-making joints in our country," he said.
He pointed out that "what is happening in Iraq from the corruption of the organization dropped the prestige of officials and taking the citizen perceived as thieves and swords and unfortunately included the talk even loyal to this country."
"I do not think there is a corruption-fighting institution capable of controlling and limiting their dominance over the state and the government, because there are circles, seminars, and money that have bought many of the decision-making joints in our country," he said.
He pointed out that "what is happening in Iraq from the corruption of the organization dropped the prestige of officials and taking the citizen perceived as thieves and swords and unfortunately included the talk even loyal to this country."
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Energy & Precious Metals - Weekly Review and Calendar Ahead
Commodities Jul 21, 2019 11:17 GMT By Barani Krishnan Investing.com – An eye-for-eye? Or, more specifically, a drone-for-a-drone? When it comes to the U.S.-Iran crisis, it’s hard to tell fact from fiction. And which side or story to believe. Since Donald Trump turned the screws on Iran all the way up with his sanctions, targeting not just its oil but also its president, Hassan Rouhani, and spiritual leader Ayatollah Ali Khamenei, the biggest geopolitical drama in energy has gotten quirkier by
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Sentiment Speaks: My Biggest 'Fear' For Silver
Silver hit our target this week.Too many investors attempt to play this market through correlations.I still think silver has higher to go.
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Silver Rallied But Has NOT Broken Out
Silver is finally showing some leadership - far outpacing gold's 1.0% advance on the week.Platinum is up 2.3% this week to trade at $853.Palladium is actually showing a weekly loss of 2.1% to trade at $1,516.
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Gold Prices Rise on Rate Cut Expectations
Commodities Jul 22, 2019 04:20 GMT Investing.com - Gold prices rose on Monday in Asia after landing a second-straight week of gains as traders expect a U.S. rate cut this month. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange inched up 0.1% to $1,427.75 by 12:15 AM ET(04:15 GMT). The yellow metal was supported by IMF’s comments that the U.S. dollar is overvalued, and U.S. President Donald Trump’s call for lower interest rates. On Friday, the
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Crude Oil Fails At $60 Per Barrel
Signs that Iran may be willing to negotiate sends oil lower.Trade with China also weighs on the price of crude oil.Support levels over the coming days, but oil has a habit of falling rapidly.Inventory reports are not all that bearish.UCO and SCO for trading in the energy commodity.
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Oil Prices Rise; Middle East Tension, China-U.S. Trade Worries Remain in Focus
Commodities Jul 22, 2019 03:44 GMT
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Just How Corrupt Is Washington? Follow The Money To All The Secret Bank Accounts
Let's track the vacations of our Congresspeople and Senators in Caribbean countries. Why is that important? There are 17 bank secrecy jurisdictions in the Caribbean: Bermuda, the Bahamas, St. Martens and the Caymans, to name a few. People with secret bank accounts always visit their money. There are over a hundred bank secrecy jurisdictions in...
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Bring IMF and World Bank into the modern era
Christine Lagarde’s confirmation that she is stepping down as managing director of the International Monetary Fund coincides with the 75th anniversary of the Bretton Woods conference in New Hampshire in 1944, when 44 countries founded the fund and the…
Read in South China Morning Post: https://apple.news/AZDUmHbCPT_ a-L5yqiD5SDQ
What Is an Unsecured Credit Card?
Credit cards come in two varieties, secured and unsecured. Here's how to tell the difference. Between 70% and 75% of American adults have at least one credit card, according to data from the Federal Reserve. About a quarter of us carry around at least three. So the odds are, you've got at least one of these products rattling around somewhere. And when used properly, credit cards can be a very good thing. Get a strong rewards program, pay your card off every month and enjoy the benefits. It's
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Now you don't need a credit card to rent a car for your European road trip
For some of us who don’t have credit cards – either because you haven’t got a good credit rating yet, or you just don’t believe in paying outrageous fees and staggering interest rates – hiring a car has been a bit of a nightmare recently. Most car hire companies demand a credit card these days...
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10 things you need to know before the opening bell
This is what you need to know. China just launched its own Nasdaq for local tech IPOs and one stock soared more than 500%. The Star Market was announced by President Xi last year, in the hope it will encourage domestic tech investment and Chinese businesses listing in China. Oil is surging as traders brace for the UK's response to Iran's seizure of a British-flagged oil tanker . West Texas Intermediate and Brent crude prices rose more than 2% after Iran seized the Steno Impero and signaled it
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Top 5 Things to Know in the Market on Monday
Economy Jul 22, 2019 09:33 GMT Investing.com - Here are the top five things you need to know in financial markets on Monday, July 22: 1. Oil rises on Middle East tensions; Libya restarts output Oil prices jumped around 2% overnight as tensions in the Middle East showed no signs of cooling. U.K. Prime Minister Theresa May was set to hold an emergency crisis meeting on Monday after a British-flagged tanker was seized by Iran in the Gulf last Friday, while media reports suggested politicians were
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Stocks - Middle East Tensions Sink a Wall Street Rally
Stock Markets Jul 19, 2019 19:47 GMT Investing.com – What started as a solid stock market rally Friday was mostly wiped out by rising tensions in the Persian Gulf. The catalyst was a report that Iranian authorities had seized a British tanker passing through the narrow Strait of Hormuz, which connects the Persian Gulf to the Indian Ocean and is a critical passage for global oil supplies. Crude oil prices surged in New York and London, creating worries enough to pull stocks back. West Texas
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With stocks at all-time highs, here's how to navigate earnings season using ETFs
With earnings season in full swing, exchange-traded fund experts Tom Lydon and Ric Edelman share their takes on the top ways to play the upcoming reports.
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3 Investing Themes For The Second Half
Canadian economic conditions appear surprisingly robust relative to a global economy feeling the pinch from a Protectionist push.Canada's economic picture is far from pristine, of course.With the economy operating near full employment and inflation measures hovering around 2%, we think the Bank of Canada (BoC) will stay on hold for the balance of this year.
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U.S. Stock Market Showing Tech-Bubble Divergence
The technical picture of the US stock market isn't all that healthy right now.In fact, the only other time we have seen divergences in breadth this large was during the blow-off years of the tech bubble.Bottom line: Breadth levels are warning of a possible market top.
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What Will Drive Markets Through 2019?
Is the next downturn on the horizon, or do we believe this business cycle still has room to run?What will drive markets over the remainder of 2019: policymakers and central banks?Hard-to-predict but enduring geopolitical dynamics? Or something else entirely that we're not paying enough attention to?
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Weekly Digest: Bitcoin Price, Libra Hearings And More - Bitcoinist.com
Yesterday, the world celebrated the 50th anniversary of the first Moon landing. But did the week’s crypto news give any indication of ‘When Moon?’ for Bitcoin? Bitcoin Price: Another Week Of Consolidation So it’s been another week of consolidation for bitcoin price, which is never a bad thing long term. Let’s have a look at how it unfolded. The week started somewhat perilously, as whales tried to shake out weak hands, and price dipped briefly back below $10k. Still, this did present a great
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A Suspect Crypto Site Stole My Identity – and I'm Furious
A site called "US Veteran Token" looks to be using goodwill toward military vets to scam investors. And one of our bios was stolen to promote it.
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Facebook's Libra Is Already Ahead Of Ethereum, Litecoin, And Ripple's XRP--But Not Bitcoin
Bitcoin has been around for a little over a decade, while its biggest competitors ethereum, litecoin, and Ripple's XRP have been knocking around for a between seven and four years—but all save bitcoin are already being eclipsed by Facebook's yet-to-launch libra cryptocurrency...
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Bitcoin's movement impacts Tron as it surges by 4.77% in an hour, along with other alts
The cryptocurrency market on July 21 went green as Bitcoin surged, driving altcoins on an upward trajectory. The king coin noted a rise in its price by a little over 2%, following which Tron spiked by over 4% in an hour. Litecoin and XRP also saw a significant rise in their prices. Tron The price...
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Another Retest of $11k But Bitcoin Remains in the Chop Zone
Crypto markets have been relatively flat this weekend but bitcoin has made it back to the $11,000 level, albeit very briefly. The altcoin market has been slowly shifting but weekend activity has been poor for many of them. Bitcoin Returns to $11K BTC returned to resistance above $11k during early Asian trading today. According to Tradingview, it topped out at $11,120 before pulling back sharply in one large red hourly candle. Over the next couple of hours bitcoin returned to its intraday support
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Banks are trying to gang up and get rid of Bitcoin, but tech wins all the wars, says Tim Draper
When it comes to crypto advocates, they are almost always certain about the bull market being right around the corner. Although most of their predictions were ridiculed until the mysterious currency touched almost $20,000 in 2017, the world today pays close attention to the Bitcoin Billionaires. Riding the same boat, traditional investors such as Tim...
Read in AMBCrypto: https://apple.news/ ANCnUS10RTxajOZ8T-9Bp6A
Forex - Weekly Outlook: July 22 - 26
Forex Jul 21, 2019 11:08 GMT Investing.com - This week the European Central Bank’s policy meeting will be closely watched as investors wait to see what steps Mario Draghi may take to support the euro area economy. The week will also bring fresh insights into the global economic outlook, with manufacturing data for Japan, the euro zone and the U.S., due Wednesday. The calendar will also feature a first look at how the U.S. economy performed in the second quarter. In the UK, a new prime minister
Read in Investing.com: https://apple.news/ADX- zsmNpT3yTQkGT8AK-dg
Forex - Dollar Pushes Higher Vs. Yen as Fed Rate Cut Expectations Wane
Forex Jul 22, 2019 07:19 GMT Investing.com - The dollar pushed higher against the yen on Monday as investors tempered expectations for an aggressive Federal Reserve interest rate cut later this month. The dollar rose 0.2% against the yen to 107.92 by 03:20 AM ET (07:20 GMT) thanks to a rise in U.S yields. The benchmark 10-year Treasury yield stretched Friday's modest gains and climbed to 2.06%. Still, the broad decline in equity markets limited the rise in safe-haven Treasury yields. "A factor
Read in Investing.com: https://apple.news/ APThIyDblR52vwzG4UUKm7w
Pound to euro exchange rate: New Prime Minister's Brexit plan could 'weaken the pound'
POUND to euro exchange rate this week will most likely be affected by the new Prime Minister’s Brexit plan, with a no-deal Brexit “likely to weaken the pound”. The pound is currently trading at 1.1142 against the euro, according to Bloomberg at the time of writing. And low GBP levels could be set to continue as the week begins with political uncertainty. The new Conservative Party leader is set to be announced tomorrow, meaning before the end of the week either Boris Johnson or Jeremy Hunt will
Read in Express: https://apple.news/ A17VnHRIKOpqe3ZZ7r8RvXA
Zimbabwe: Droughts Leave Millions Food Insecure, UN Food Agency Scales Up Assistance
Severe drought has rendered more than a third of rural households in Zimbabwe - or around 3.5 million people - dangerously food insecure, the UN World Food Programme (WFP) revealed on Friday. Citing the Zimbabwe Vulnerability Assessment Committee's recently concluded Rural Livelihood Assessment, WFP Spokesperson Herve Verhoosel, said that the situation was likely to last from now until September with a further deterioration into December that will widen the impact to more than 4.7 million people
Read in AllAfrica: https://apple.news/Aj0F- jY5cPamvIcULBth9fA
A power outage and mobile money blackout expose the vulnerability of Zimbabwe's economy
On Saturday morning (Jul. 20) local time Zimbabweans experienced a system blackout on Econet Wireless, the country's biggest telecoms operator after a significant power outage. Econet says the network challenges were caused by a fault that started when generators at its operations centre failed to kick in after a Zimbabwe Electricity Supply Authority (Zesa) power...
Read in Quartz: https://apple.news/ Aw2KxJJXISb-L6L1yHlSUmQ
The Drip, Drip, Drip Of Recession
News of significant recessionary drops in the US became as relentless this past week as the ping, ping, pang of drips from a leaking ceiling hitting pans in the New York Stock Exchange.Shipping reflects the whole manufacturing economy, and it has been sinking into the South China Sea like this all year.The drippage of recession started to form puddles in bank basements this week as corporate reports came in.Citi strategists pointed out the earnings recession is likely to continue into 2020.
Read in Seeking Alpha: https://apple.news/ A6xHWAhbRT92bzEJF_Z3lOg
Weighing The Week Ahead: Are You Part Of The Dumb Money?
A light economic calendar with no FedSpeak keeps the attention on corporate earnings.Results so far have been mixed, with some concern about falling margins.The bull/bear debate is taking on a different tone. There is actually some discussion of upside potential.A leading quantitative expert sees the prices for value stocks as the opportunity of a decade.My own survey of indicators continues to show attractive conditions for both traders and investors.
Read in Seeking Alpha: https://apple.news/A_ JMSBKKARDuHSHovOx-_2g
Giuliani: If US strikes, we could do serious damage to Iran's nuclear facilities
Guests: Rudy Giuliani, Sebastian Gorka, Charles Hurt
Read in Fox News: https://apple.news/AC_ cLRbI5RI6thnhFEwgmtA
Israeli foreign minister visited Washington, Mike Pompeo didn't find time to meet him
Israel's new foreign minister Israel Katz visited Washington, D.C., this week for the first time since he was appointed, but didn't get to meet with Secretary of State Mike Pompeo. Israeli and U.S. officials say the reason given by Pompeo's office was his tight schedule.
Read in Axios: https://apple.news/ A4kBfPtU6TbyEwLd8MjFt5g
Cyber Warfare: U.S. Military Admits Immediate Danger Is 'Keeping Us Up At Night'
This year has marked a turning point for cyber warfare—and the implications of the (largely unseen) escalation taking place have now become a real and present danger to us all.
Read in Forbes: https://apple.news/ ANwKPFUMEQBm7NF29iQRy_g
Severe storms ushering in cooler air
Major cities in the Northeast could be impacted by severe weather today ahead of cooler air for the rest of the week. Pedram Javaheri has the forecast.
Read in CNN: https://apple.news/ AG3OJvQngSRGtR0HluR0wyg
New Mexico utility seeks feedback on closure of coal plant
ALBUQUERQUE, N.M. (AP) — In what's expected to be a long, contentious process, a few dozen people gathered recently in Albuquerque for the first public meeting hosted by Public Service Co. of New Mexico on the planned shutdown of its coal-fired power plant.
Read in My San Antonio: https://apple.news/ AMHLioVtcRHKWmLhC2YT9Sw
Brazil alerted companies about U.S. embargo on Iran: Bolsonaro
The Brazilian government has been alerting local companies about the extent of sanctions imposed by the United States on Iran and the possible consequences in case of noncompliance, President Jair Bolsonaro said on Friday.
Read in Reuters: https://apple.news/ Aq2A08eFCQP62niD41lXcNQ
China must avoid a role in destruction of Amazon
Beijing could be forever tarnished if it does 'dirty business' with the Bolsonaro government in Brazil
Read in Asia Times: https://apple.news/ AuTAQfVjbTMao24y9jlEsJQ
US Lawmakers Demand Puerto Rico Governor Resign as Protests Roil Island
"Rossello must resign."
Read in IJR: https://apple.news/ A9iiB4TprR9OzQ6aU0Upi9w
Iran denies US shot down drone, seizes more oil tankers
Guests: Charles Hurt, Anna Palmer, Jonah Goldberg
Read in Fox News: https://apple.news/ APC1IcvFRSGeQccyNUgxGsw
Panama cites ‘deliberate violations’ as it disowns UAE-based tanker seized by Iran
The plot has thickened around the disappearance of the oil tanker MT Riah, towed to Iranian shores last week, with Panama saying it is revoking the ship’s registration over violation of international rules.
Read in RT News: https://apple.news/A63y_ x3fQTFughAnevBNN_g
Russian Senator Claims U.S. Using Iran Tensions to Expand Military
July 20, 2019 Trump Says U.S. Shot Down Iranian Drone In The Strait Of Hormuz A senior Russian lawmaker has laid out what he said was a U.S. plan to use current tensions with Iran to expand the Pentagon's presence in the Middle East. Russian Senator Konstantin Kosachev, chairman of the lower house of parliament's foreign affairs committee, wrote Saturday in a lengthy Facebook post that "it is clear by now who is going to use the escalation of tensions in the Strait of Hormuz and in the Middle
Read in Newsweek: https://apple.news/ AdZEufeHKSgelNBYg0_xvpA
The Latest: Germany urges diplomacy amid Gulf tensions
Germany's foreign minister is warning Iran that its seizure of commercial vessels in a key Persian Gulf shipping lane is contributing to an "escalation spiral" that could lead to war
Read in ABC News: https://apple.news/AwnVPD_ ALRrWkAuQmpK1Qlw
Iran thanks Saudi Arabia for release of its oil tanker Happiness 1- Fars
Iran said on Sunday itappreciated Saudi Arabia's efforts in the the return of anIranian ship that had docked at Jeddah port because oftechnical problems in May, the semi-official Fars news agencyquoted a Foreign Ministry spokesman as saying.
Read in Reuters: https://apple.news/ Aygfi5NqPRDGT7clM6XUfNA
ACWA Power opens world’s fastest implemented water desalination plant in Makkah
Riyadh – Mubasher: ACWA Power, the Saudi-based developer, investor, co-owner and operator of a portfolio of power generation, has inaugurated the Shuaibah Expansion two of Independent Water Plant (IWP), the world’s fastest implemented water …
Read in Mubasher: https://apple.news/ APxUf7ayKOB-J6vaTC1Vv7w
Cairo flights: Lufthansa resumes services but BA cancellations continue
But British Airways says flights from Heathrow to the Egyptian capital remain cancelled.
Read in BBC News: https://apple.news/A- mGelFGtTa29d5D_3OIQLA
China's top real estate internet platform launched in UAE
UAE - Mubasher: Fang, China’s leading real estate internet platform in terms of the number of page views and websites visitors, announced the launch of uae.fang.com, a dedicated portal for the UAE. The Chinese online platform, which is a part of …
Read in Mubasher: https://apple.news/AjZLhD5QQN_ WPvUjXCcdeBQ
Nigeria: Why Falling Inflation Rate Has No Effect On Nigerians - Economists
Some notable economists in the country have given reasons why the recent consumer price inflation fall has failed to have positive impact on the living standards of Nigerians. In various chats with Sunday Vanguard, they listed adverse double-digit inflationary range; worsening unemployment situation for the working age population of 15-64 years; weak macro-economic performance; insecurity, manifested in herdsmen and bandits taking over farmlands, thus causing insufficient local food production;
Read in AllAfrica: https://apple.news/AphJ7c- 5xM5G_o20kVpMJog
Zimbabwe: Alrosa to Hold 70% in Diamond Venture
Leading global diamond producer, Alrosa, will hold a 70 percent controlling stake in the newly agreed joint venture with State owned Zimbabwe Consolidated Diamond Company (ZCDC), as Harare bids to boost mineral exports and reboot the sluggish economy. The coming in of Alrosa further entrenches participation and return of private players to diamond mining in...
Read in FurtherAfrica: https://apple.news/ AsIIjCDw7Tm6QR_JpcsBfGw
China and Portuguese-speaking countries meeting was positive for São Tomé and Príncipe
The 14th Meeting of Entrepreneurs for Economic and Trade Cooperation between China and Portuguese-speaking Countries was positive, the director of the São Tomé and Príncipe Trade and Investment Promotion Agency (APCI) said on Thursday in São Tomé. Rafael Branco also said that the meeting held on 8 and 9 July was part of the government’s...
Read in FurtherAfrica: https://apple.news/ ABRS1RyivQy66U1hGu6uByQ
Kenya gov't cracks down on digital lenders
Millions of Kenyans rely on loans to make ends meet. And getting a loan from dozens of companies is especially easy if you have a mobile phone. But many are unable to repay what they have borrowed - 400,000 people are on the government’s credit blacklist, some for as little as $2. The Central Bank governor says he wants to crack down on mobile lenders – some using unscrupulous methods to lure Kenyans into debt. Al Jazeera's Catherine Soi reports from Nairobi.
Read in Aljazeera: https://apple.news/AobiUw_ aDN4qcb8vdQ4P0EA
Chinese money in the U.S. dries up as trade war drags onTougher regulations and uncertainty about tariffs have made America less friendly for foreign investment.
Read in The New York Times: https://apple.news/ AkyfPP0fdSq-womO1VXCfCg
Chinese companies looking to buy U.S. farm products: XinhuaSome Chinese companies are seeking new purchases of U.S. agricultural products, China's official Xinhua news agency said on Sunday, citing authorities, as Beijing and Washington look for ways to end a protracted trade war.
Read in Reuters: https://apple.news/ AOSFAnyIhRxyn8WJSlBatoQ
How Chinese e-commerce unicorn Jollychic plans to defend its turf in the Middle EastJollychic, a Chinese e-commerce start-up that has become one of the top players in the Middle East market, plans to replicate China’s all-encompassing online ecosystem in the region, as competition from international and local players heats up. Founded in…
Read in South China Morning Post: https://apple.news/ AUmlISl61Qhq9qfyvDdFTrg
China economy slows to lowest quarterly growth in 27 yearsAn end to the trade dispute between China and the United States may be a long way off amid concerns China is not willing to bow to US demands for political and industrial reforms. Talks appear to have stalled, despite the declaration of a truce when the two presidents met last month. Al Jazeera's Wayne Hay takes a look at China’s economic rise and what is now at stake for the world's most populous country.
Read in Aljazeera: https://apple.news/ ADh9g8H1yMnCPYdmQJXOJtA
China must redirect its state-led capitalism to reverse its downward economic trendChina’s current economic woes are not exclusively about its record-low growth figures, but also about when the decade-long downward trend will halt and how its state-led capitalism should be redirected. The 6.2 per cent growth in gross domestic product in…
Read in South China Morning Post: https://apple.news/AkrGqR_ Y1Tt-CMMwa6EAl5w
Chinese firms ask for tariff exemptions to buy US agricultural products, state media saysSeveral Chinese companies want to buy American agricultural products and have applied for exemptions from the tariffs imposed on them by Beijing, state media reports. The applications for exemptions have been filed and will be heard by a panel of experts…
Read in South China Morning Post: https://apple.news/AE- TQiFDGQLSpPdcLwdLtaA
Japan uses trade restrictions as a weapon against South KoreaJapan placed restrictions on exports to South Korea of materials essential to its semiconductor industry amid an impasse between the two governments over reparations dating from World War II. It's part of a trend among some of the world's most powerful nations.
Read in Los Angeles Times: https://apple.news/ AuVGvQtScTyGvy12SSC33Tw
Ireland warns Johnson tearing up the Brexit deal would cause 'trouble'
Tánaiste Simon Coveney said that the battle between Boris Johnson and Jeremy Hunt to succeed Theresa May had changed nothing in terms of Britain's attempts to get out of the EU.
Read in Daily Mail: https://apple.news/ArF_ AzPX2T0GQZOTTtxxVsQ
As Brexit looms, the U.K.'s Conservative Party fights for survival
“We have a Conservative Party that has become almost completely consumed by Brexit now, to the point that it’s almost blocking out the sun.”
Read in NBC News: https://apple.news/AHr- hjR9RSE6IZsjXVMZT1A
UK finance minister to quit over no-deal Brexit if Johnson becomes PM
British finance minister Philip Hammond said on Sunday he would resign if Boris Johnson became prime minister because he felt unable to support a leader happy to take the country out of the European Union without a deal.
Read in Reuters: https://apple.news/ ALfk4XscYSv-qeJeG9wyo4Q
GLOBAL/NEWS/INFO
Here's the biggest news you missed this weekend
OIL/COMMODITIES/ENERGY
Energy & Precious Metals - Weekly Review and Calendar Ahead
Commodities Jul 21, 2019 11:17 GMT By Barani Krishnan Investing.com – An eye-for-eye? Or, more specifically, a drone-for-a-drone? When it comes to the U.S.-Iran crisis, it’s hard to tell fact from fiction. And which side or story to believe. Since Donald Trump turned the screws on Iran all the way up with his sanctions, targeting not just its oil but also its president, Hassan Rouhani, and spiritual leader Ayatollah Ali Khamenei, the biggest geopolitical drama in energy has gotten quirkier by
Read in Investing.com: https://apple.news/A5HIKKAG_
Sentiment Speaks: My Biggest 'Fear' For Silver
Silver hit our target this week.Too many investors attempt to play this market through correlations.I still think silver has higher to go.
Read in Seeking Alpha: https://apple.news/
Silver Rallied But Has NOT Broken Out
Silver is finally showing some leadership - far outpacing gold's 1.0% advance on the week.Platinum is up 2.3% this week to trade at $853.Palladium is actually showing a weekly loss of 2.1% to trade at $1,516.
Read in Seeking Alpha: https://apple.news/
Gold Prices Rise on Rate Cut Expectations
Commodities Jul 22, 2019 04:20 GMT Investing.com - Gold prices rose on Monday in Asia after landing a second-straight week of gains as traders expect a U.S. rate cut this month. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange inched up 0.1% to $1,427.75 by 12:15 AM ET(04:15 GMT). The yellow metal was supported by IMF’s comments that the U.S. dollar is overvalued, and U.S. President Donald Trump’s call for lower interest rates. On Friday, the
Read in Investing.com: https://apple.news/
Crude Oil Fails At $60 Per Barrel
Signs that Iran may be willing to negotiate sends oil lower.Trade with China also weighs on the price of crude oil.Support levels over the coming days, but oil has a habit of falling rapidly.Inventory reports are not all that bearish.UCO and SCO for trading in the energy commodity.
Read in Seeking Alpha: https://apple.news/
Oil Prices Rise; Middle East Tension, China-U.S. Trade Worries Remain in Focus
Commodities Jul 22, 2019 03:44 GMT
Read in Investing.com: https://apple.news/
BANKS/BANKING/CREDIT
Just How Corrupt Is Washington? Follow The Money To All The Secret Bank Accounts
Let's track the vacations of our Congresspeople and Senators in Caribbean countries. Why is that important? There are 17 bank secrecy jurisdictions in the Caribbean: Bermuda, the Bahamas, St. Martens and the Caymans, to name a few. People with secret bank accounts always visit their money. There are over a hundred bank secrecy jurisdictions in...
Read in Daily Sound and Fury: https://apple.news/Ac1nvv-
Bring IMF and World Bank into the modern era
Christine Lagarde’s confirmation that she is stepping down as managing director of the International Monetary Fund coincides with the 75th anniversary of the Bretton Woods conference in New Hampshire in 1944, when 44 countries founded the fund and the…
Read in South China Morning Post: https://apple.news/AZDUmHbCPT_
What Is an Unsecured Credit Card?
Credit cards come in two varieties, secured and unsecured. Here's how to tell the difference. Between 70% and 75% of American adults have at least one credit card, according to data from the Federal Reserve. About a quarter of us carry around at least three. So the odds are, you've got at least one of these products rattling around somewhere. And when used properly, credit cards can be a very good thing. Get a strong rewards program, pay your card off every month and enjoy the benefits. It's
Read in TheStreet: https://apple.news/
Now you don't need a credit card to rent a car for your European road trip
For some of us who don’t have credit cards – either because you haven’t got a good credit rating yet, or you just don’t believe in paying outrageous fees and staggering interest rates – hiring a car has been a bit of a nightmare recently. Most car hire companies demand a credit card these days...
Read in Lonely Planet: https://apple.news/
TREASURIES/BONDS/STOCKS
Wall Street Breakfast: Heavy Earnings Week Ahead
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify (click the highlighted links). As Fed members go into their "blackout" period, U.S. stock index futures are inching up 0.2%, with rate betters only relying on economic data for the next 10 days before a crucial FOMC meeting on July 30-31. Earnings will still be a catalyst for market movement this week, with a big run of quarterly results led by tech companies
Read in Seeking Alpha: https://apple.news/ A3cePRv6ATaqmNKVoL4S8cg
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify (click the highlighted links). As Fed members go into their "blackout" period, U.S. stock index futures are inching up 0.2%, with rate betters only relying on economic data for the next 10 days before a crucial FOMC meeting on July 30-31. Earnings will still be a catalyst for market movement this week, with a big run of quarterly results led by tech companies
Read in Seeking Alpha: https://apple.news/
10 things you need to know before the opening bell
This is what you need to know. China just launched its own Nasdaq for local tech IPOs and one stock soared more than 500%. The Star Market was announced by President Xi last year, in the hope it will encourage domestic tech investment and Chinese businesses listing in China. Oil is surging as traders brace for the UK's response to Iran's seizure of a British-flagged oil tanker . West Texas Intermediate and Brent crude prices rose more than 2% after Iran seized the Steno Impero and signaled it
Read in Business Insider: https://apple.news/
Top 5 Things to Know in the Market on Monday
Economy Jul 22, 2019 09:33 GMT Investing.com - Here are the top five things you need to know in financial markets on Monday, July 22: 1. Oil rises on Middle East tensions; Libya restarts output Oil prices jumped around 2% overnight as tensions in the Middle East showed no signs of cooling. U.K. Prime Minister Theresa May was set to hold an emergency crisis meeting on Monday after a British-flagged tanker was seized by Iran in the Gulf last Friday, while media reports suggested politicians were
Read in Investing.com: https://apple.news/AG_
Stocks - Middle East Tensions Sink a Wall Street Rally
Stock Markets Jul 19, 2019 19:47 GMT Investing.com – What started as a solid stock market rally Friday was mostly wiped out by rising tensions in the Persian Gulf. The catalyst was a report that Iranian authorities had seized a British tanker passing through the narrow Strait of Hormuz, which connects the Persian Gulf to the Indian Ocean and is a critical passage for global oil supplies. Crude oil prices surged in New York and London, creating worries enough to pull stocks back. West Texas
Read in Investing.com: https://apple.news/
With stocks at all-time highs, here's how to navigate earnings season using ETFs
With earnings season in full swing, exchange-traded fund experts Tom Lydon and Ric Edelman share their takes on the top ways to play the upcoming reports.
Read in CNBC: https://apple.news/
3 Investing Themes For The Second Half
Canadian economic conditions appear surprisingly robust relative to a global economy feeling the pinch from a Protectionist push.Canada's economic picture is far from pristine, of course.With the economy operating near full employment and inflation measures hovering around 2%, we think the Bank of Canada (BoC) will stay on hold for the balance of this year.
Read in Seeking Alpha: https://apple.news/A--
U.S. Stock Market Showing Tech-Bubble Divergence
The technical picture of the US stock market isn't all that healthy right now.In fact, the only other time we have seen divergences in breadth this large was during the blow-off years of the tech bubble.Bottom line: Breadth levels are warning of a possible market top.
Read in Seeking Alpha: https://apple.news/AoVky_
What Will Drive Markets Through 2019?
Is the next downturn on the horizon, or do we believe this business cycle still has room to run?What will drive markets over the remainder of 2019: policymakers and central banks?Hard-to-predict but enduring geopolitical dynamics? Or something else entirely that we're not paying enough attention to?
Read in Seeking Alpha: https://apple.news/
Time To Believe
The U.S market remains undervalued today.Our economy is in good shape, earnings are fine, cash flow is strong and low inflation is a reality.We also believe that foreign economies will benefit at the margin from lower rates here as the dollar weakens as flows from abroad lessen.
Read in Seeking Alpha: https://apple.news/ AyPhSIwE9TG-G5dpPAVEUeA
The U.S market remains undervalued today.Our economy is in good shape, earnings are fine, cash flow is strong and low inflation is a reality.We also believe that foreign economies will benefit at the margin from lower rates here as the dollar weakens as flows from abroad lessen.
Read in Seeking Alpha: https://apple.news/
CRYPTO'S / DIGITAL CURRENCY
Weekly Digest: Bitcoin Price, Libra Hearings And More - Bitcoinist.com
Yesterday, the world celebrated the 50th anniversary of the first Moon landing. But did the week’s crypto news give any indication of ‘When Moon?’ for Bitcoin? Bitcoin Price: Another Week Of Consolidation So it’s been another week of consolidation for bitcoin price, which is never a bad thing long term. Let’s have a look at how it unfolded. The week started somewhat perilously, as whales tried to shake out weak hands, and price dipped briefly back below $10k. Still, this did present a great
Read in Bitcoinist.net: https://apple.news/
A Suspect Crypto Site Stole My Identity – and I'm Furious
A site called "US Veteran Token" looks to be using goodwill toward military vets to scam investors. And one of our bios was stolen to promote it.
Read in CoinDesk: https://apple.news/
Facebook's Libra Is Already Ahead Of Ethereum, Litecoin, And Ripple's XRP--But Not Bitcoin
Bitcoin has been around for a little over a decade, while its biggest competitors ethereum, litecoin, and Ripple's XRP have been knocking around for a between seven and four years—but all save bitcoin are already being eclipsed by Facebook's yet-to-launch libra cryptocurrency...
Read in Forbes: https://apple.news/
Bitcoin's movement impacts Tron as it surges by 4.77% in an hour, along with other alts
The cryptocurrency market on July 21 went green as Bitcoin surged, driving altcoins on an upward trajectory. The king coin noted a rise in its price by a little over 2%, following which Tron spiked by over 4% in an hour. Litecoin and XRP also saw a significant rise in their prices. Tron The price...
Read in AMBCrypto: https://apple.news/A_
Another Retest of $11k But Bitcoin Remains in the Chop Zone
Crypto markets have been relatively flat this weekend but bitcoin has made it back to the $11,000 level, albeit very briefly. The altcoin market has been slowly shifting but weekend activity has been poor for many of them. Bitcoin Returns to $11K BTC returned to resistance above $11k during early Asian trading today. According to Tradingview, it topped out at $11,120 before pulling back sharply in one large red hourly candle. Over the next couple of hours bitcoin returned to its intraday support
Read in Bitcoinist.net: https://apple.news/
Banks are trying to gang up and get rid of Bitcoin, but tech wins all the wars, says Tim Draper
When it comes to crypto advocates, they are almost always certain about the bull market being right around the corner. Although most of their predictions were ridiculed until the mysterious currency touched almost $20,000 in 2017, the world today pays close attention to the Bitcoin Billionaires. Riding the same boat, traditional investors such as Tim...
Read in AMBCrypto: https://apple.news/
CURRENCIES
Forex - Weekly Outlook: July 22 - 26
Forex Jul 21, 2019 11:08 GMT Investing.com - This week the European Central Bank’s policy meeting will be closely watched as investors wait to see what steps Mario Draghi may take to support the euro area economy. The week will also bring fresh insights into the global economic outlook, with manufacturing data for Japan, the euro zone and the U.S., due Wednesday. The calendar will also feature a first look at how the U.S. economy performed in the second quarter. In the UK, a new prime minister
Read in Investing.com: https://apple.news/ADX-
Forex - Dollar Pushes Higher Vs. Yen as Fed Rate Cut Expectations Wane
Forex Jul 22, 2019 07:19 GMT Investing.com - The dollar pushed higher against the yen on Monday as investors tempered expectations for an aggressive Federal Reserve interest rate cut later this month. The dollar rose 0.2% against the yen to 107.92 by 03:20 AM ET (07:20 GMT) thanks to a rise in U.S yields. The benchmark 10-year Treasury yield stretched Friday's modest gains and climbed to 2.06%. Still, the broad decline in equity markets limited the rise in safe-haven Treasury yields. "A factor
Read in Investing.com: https://apple.news/
Pound to euro exchange rate: New Prime Minister's Brexit plan could 'weaken the pound'
POUND to euro exchange rate this week will most likely be affected by the new Prime Minister’s Brexit plan, with a no-deal Brexit “likely to weaken the pound”. The pound is currently trading at 1.1142 against the euro, according to Bloomberg at the time of writing. And low GBP levels could be set to continue as the week begins with political uncertainty. The new Conservative Party leader is set to be announced tomorrow, meaning before the end of the week either Boris Johnson or Jeremy Hunt will
Read in Express: https://apple.news/
Kenya Goes Slow On New Currency
Kenya's bid to fight money laundering and other forms of illicit financial flows by phasing out the Ksh1,000 ($10) banknote by October 1 is facing challenges that could compromise the rollout of a new currency regime. The Central Bank of Kenya has recently gone slow on the issuance of new-generation banknotes. The banking regulator acts as a banker for the government, the largest spender in the economy. Sources say that the CBK has reduced payments to government ministries, departments and
Read in AllAfrica: https://apple.news/ AvxPs6IpUPtqV5q3kjaseog
Kenya's bid to fight money laundering and other forms of illicit financial flows by phasing out the Ksh1,000 ($10) banknote by October 1 is facing challenges that could compromise the rollout of a new currency regime. The Central Bank of Kenya has recently gone slow on the issuance of new-generation banknotes. The banking regulator acts as a banker for the government, the largest spender in the economy. Sources say that the CBK has reduced payments to government ministries, departments and
Read in AllAfrica: https://apple.news/
Zimbabwe: Droughts Leave Millions Food Insecure, UN Food Agency Scales Up Assistance
Severe drought has rendered more than a third of rural households in Zimbabwe - or around 3.5 million people - dangerously food insecure, the UN World Food Programme (WFP) revealed on Friday. Citing the Zimbabwe Vulnerability Assessment Committee's recently concluded Rural Livelihood Assessment, WFP Spokesperson Herve Verhoosel, said that the situation was likely to last from now until September with a further deterioration into December that will widen the impact to more than 4.7 million people
Read in AllAfrica: https://apple.news/Aj0F-
A power outage and mobile money blackout expose the vulnerability of Zimbabwe's economy
On Saturday morning (Jul. 20) local time Zimbabweans experienced a system blackout on Econet Wireless, the country's biggest telecoms operator after a significant power outage. Econet says the network challenges were caused by a fault that started when generators at its operations centre failed to kick in after a Zimbabwe Electricity Supply Authority (Zesa) power...
Read in Quartz: https://apple.news/
HEALTH / SCIENCE
Four-year-old girl's freckles turn out to be sign of a rare condition
Ruby Galloway, four, from Devon, was diagnosed with a rare condition that created tumours along nerves when she was 18 month-old. She is undergoing chemo to save optic nerve.
Read in Daily Mail: https://apple.news/AcAStH- q5RFC8IDsDYPK85g
What are heat-related warning signs?
Thirty-two-year-old former New York Giants lineman Mitch Petrus, died Thursday night after suffering from an apparent heat stroke. Dr. Jon LaPook joins “CBS Weekend News” with more on how to spot warning signs of heat-related illnesses.
Read in CBS News: https://apple.news/AqP7- 9pmWRkCkIo06TuhYAg
How to combat heat-related sickness
Chief medical correspondent Dr. Jon LaPook joined "CBS Weekend News" to discuss how to stay ahead of the symptoms that contributed to the deaths of at least six people
Read in CBS News: https://apple.news/AF5uWMe- 9T8WLAI6mmAR6fQ
This 1 Thing Eased My Anxiety Almost Immediately, and I Never Would Have Guessed
I've been suffering from a mysterious illness that causes fatigue, dizziness, inflammation, and severe anxiety for several years. When I began taking a more holistic approach to treating my symptoms, I never thought acupuncture would be on my list of things to try. For one thing, I think my illness ...
Read in POPSUGAR: https://apple.news/ AKs53pDUqQH6J2QLUBW_cBQ
Ottawa considered at-risk area for lyme disease, warns public health
Ottawa Public Health has stopped collecting ticks after it found a high number of the arachnids within the city carry Lyme disease.
Read in CBC News: https://apple.news/ AChh6fFGTREmZaU1tAVHThg
Four-year-old girl's freckles turn out to be sign of a rare condition
Ruby Galloway, four, from Devon, was diagnosed with a rare condition that created tumours along nerves when she was 18 month-old. She is undergoing chemo to save optic nerve.
Read in Daily Mail: https://apple.news/AcAStH-
What are heat-related warning signs?
Thirty-two-year-old former New York Giants lineman Mitch Petrus, died Thursday night after suffering from an apparent heat stroke. Dr. Jon LaPook joins “CBS Weekend News” with more on how to spot warning signs of heat-related illnesses.
Read in CBS News: https://apple.news/AqP7-
How to combat heat-related sickness
Chief medical correspondent Dr. Jon LaPook joined "CBS Weekend News" to discuss how to stay ahead of the symptoms that contributed to the deaths of at least six people
Read in CBS News: https://apple.news/AF5uWMe-
This 1 Thing Eased My Anxiety Almost Immediately, and I Never Would Have Guessed
I've been suffering from a mysterious illness that causes fatigue, dizziness, inflammation, and severe anxiety for several years. When I began taking a more holistic approach to treating my symptoms, I never thought acupuncture would be on my list of things to try. For one thing, I think my illness ...
Read in POPSUGAR: https://apple.news/
Ottawa considered at-risk area for lyme disease, warns public health
Ottawa Public Health has stopped collecting ticks after it found a high number of the arachnids within the city carry Lyme disease.
Read in CBC News: https://apple.news/
USA / CANADA
The Drip, Drip, Drip Of Recession
News of significant recessionary drops in the US became as relentless this past week as the ping, ping, pang of drips from a leaking ceiling hitting pans in the New York Stock Exchange.Shipping reflects the whole manufacturing economy, and it has been sinking into the South China Sea like this all year.The drippage of recession started to form puddles in bank basements this week as corporate reports came in.Citi strategists pointed out the earnings recession is likely to continue into 2020.
Read in Seeking Alpha: https://apple.news/
Weighing The Week Ahead: Are You Part Of The Dumb Money?
A light economic calendar with no FedSpeak keeps the attention on corporate earnings.Results so far have been mixed, with some concern about falling margins.The bull/bear debate is taking on a different tone. There is actually some discussion of upside potential.A leading quantitative expert sees the prices for value stocks as the opportunity of a decade.My own survey of indicators continues to show attractive conditions for both traders and investors.
Read in Seeking Alpha: https://apple.news/A_
Giuliani: If US strikes, we could do serious damage to Iran's nuclear facilities
Guests: Rudy Giuliani, Sebastian Gorka, Charles Hurt
Read in Fox News: https://apple.news/AC_
Israeli foreign minister visited Washington, Mike Pompeo didn't find time to meet him
Israel's new foreign minister Israel Katz visited Washington, D.C., this week for the first time since he was appointed, but didn't get to meet with Secretary of State Mike Pompeo. Israeli and U.S. officials say the reason given by Pompeo's office was his tight schedule.
Read in Axios: https://apple.news/
Cyber Warfare: U.S. Military Admits Immediate Danger Is 'Keeping Us Up At Night'
This year has marked a turning point for cyber warfare—and the implications of the (largely unseen) escalation taking place have now become a real and present danger to us all.
Read in Forbes: https://apple.news/
Severe storms ushering in cooler air
Major cities in the Northeast could be impacted by severe weather today ahead of cooler air for the rest of the week. Pedram Javaheri has the forecast.
Read in CNN: https://apple.news/
EMERGING MARKETS
New Mexico utility seeks feedback on closure of coal plant
ALBUQUERQUE, N.M. (AP) — In what's expected to be a long, contentious process, a few dozen people gathered recently in Albuquerque for the first public meeting hosted by Public Service Co. of New Mexico on the planned shutdown of its coal-fired power plant.
Read in My San Antonio: https://apple.news/
Brazil alerted companies about U.S. embargo on Iran: Bolsonaro
The Brazilian government has been alerting local companies about the extent of sanctions imposed by the United States on Iran and the possible consequences in case of noncompliance, President Jair Bolsonaro said on Friday.
Read in Reuters: https://apple.news/
China must avoid a role in destruction of Amazon
Beijing could be forever tarnished if it does 'dirty business' with the Bolsonaro government in Brazil
Read in Asia Times: https://apple.news/
Brazil Takes Big Reform Step
Pension funding has been an issue in many parts of the world and has certainly been a hot topic in Brazil.President Jair Bolsonaro's election ignited market optimism on promises to reform pensions to get Brazil's fiscal house on a firmer footing.The probability of this being delivered has increased considerably after approval of a new pension reform bill in Brazil's lower Congress.Franklin Templeton Emerging Markets Equity's Gustavo Stenzel and Marcos Mundim weigh in on what the breakthrough
Read in Seeking Alpha: https://apple.news/ AhCLM1sPiR6q3zdRwlkU8Xw
Pension funding has been an issue in many parts of the world and has certainly been a hot topic in Brazil.President Jair Bolsonaro's election ignited market optimism on promises to reform pensions to get Brazil's fiscal house on a firmer footing.The probability of this being delivered has increased considerably after approval of a new pension reform bill in Brazil's lower Congress.Franklin Templeton Emerging Markets Equity's Gustavo Stenzel and Marcos Mundim weigh in on what the breakthrough
Read in Seeking Alpha: https://apple.news/
US Lawmakers Demand Puerto Rico Governor Resign as Protests Roil Island
"Rossello must resign."
Read in IJR: https://apple.news/
MIDDLE EAST
Iran denies US shot down drone, seizes more oil tankers
Guests: Charles Hurt, Anna Palmer, Jonah Goldberg
Read in Fox News: https://apple.news/
Panama cites ‘deliberate violations’ as it disowns UAE-based tanker seized by Iran
The plot has thickened around the disappearance of the oil tanker MT Riah, towed to Iranian shores last week, with Panama saying it is revoking the ship’s registration over violation of international rules.
Read in RT News: https://apple.news/A63y_
Russian Senator Claims U.S. Using Iran Tensions to Expand Military
July 20, 2019 Trump Says U.S. Shot Down Iranian Drone In The Strait Of Hormuz A senior Russian lawmaker has laid out what he said was a U.S. plan to use current tensions with Iran to expand the Pentagon's presence in the Middle East. Russian Senator Konstantin Kosachev, chairman of the lower house of parliament's foreign affairs committee, wrote Saturday in a lengthy Facebook post that "it is clear by now who is going to use the escalation of tensions in the Strait of Hormuz and in the Middle
Read in Newsweek: https://apple.news/
Audio emerges of British navy trying to thwart Iran seizing tanker
U.K. forces warned Iran it was violating international maritime law by seizing the British-flagged oil tanker Stena Impero on Friday.
Read in NBC News: https://apple.news/A- UJ4VYetTuu1Cy8HcTKt5w
Read in NBC News: https://apple.news/A-
The Latest: Germany urges diplomacy amid Gulf tensions
Germany's foreign minister is warning Iran that its seizure of commercial vessels in a key Persian Gulf shipping lane is contributing to an "escalation spiral" that could lead to war
Read in ABC News: https://apple.news/AwnVPD_
Iran said on Sunday itappreciated Saudi Arabia's efforts in the the return of anIranian ship that had docked at Jeddah port because oftechnical problems in May, the semi-official Fars news agencyquoted a Foreign Ministry spokesman as saying.
Read in Reuters: https://apple.news/
ACWA Power opens world’s fastest implemented water desalination plant in Makkah
Riyadh – Mubasher: ACWA Power, the Saudi-based developer, investor, co-owner and operator of a portfolio of power generation, has inaugurated the Shuaibah Expansion two of Independent Water Plant (IWP), the world’s fastest implemented water …
Read in Mubasher: https://apple.news/
Cairo flights: Lufthansa resumes services but BA cancellations continue
But British Airways says flights from Heathrow to the Egyptian capital remain cancelled.
Read in BBC News: https://apple.news/A-
China's top real estate internet platform launched in UAE
UAE - Mubasher: Fang, China’s leading real estate internet platform in terms of the number of page views and websites visitors, announced the launch of uae.fang.com, a dedicated portal for the UAE. The Chinese online platform, which is a part of …
Read in Mubasher: https://apple.news/AjZLhD5QQN_
AFRICA
Nigeria: Why Falling Inflation Rate Has No Effect On Nigerians - Economists
Some notable economists in the country have given reasons why the recent consumer price inflation fall has failed to have positive impact on the living standards of Nigerians. In various chats with Sunday Vanguard, they listed adverse double-digit inflationary range; worsening unemployment situation for the working age population of 15-64 years; weak macro-economic performance; insecurity, manifested in herdsmen and bandits taking over farmlands, thus causing insufficient local food production;
Read in AllAfrica: https://apple.news/AphJ7c-
South Africa Home Affairs Has 3,000 Uncollected Zimbabwe Permits
South Africa's Home Affairs Department (DHA) is sitting on 3000 Zimbabwe Exemption Permits (ZEP) which have been uncollected for the past nine months and have enlisted the services of the Zimbabwe Consulate in that country to help with the notifying the permit holders. Pretoria introduced a four-year permit known as the Zimbabwe Exemption Permit (ZEP) for those wishing to study or work in that country in January 2018. The permits are valid between 1 January 2018 and 31 December2021and replaced
Read in AllAfrica: https://apple.news/ AA5N7sVtRNS-yajtlTT8vhA
South Africa's Home Affairs Department (DHA) is sitting on 3000 Zimbabwe Exemption Permits (ZEP) which have been uncollected for the past nine months and have enlisted the services of the Zimbabwe Consulate in that country to help with the notifying the permit holders. Pretoria introduced a four-year permit known as the Zimbabwe Exemption Permit (ZEP) for those wishing to study or work in that country in January 2018. The permits are valid between 1 January 2018 and 31 December2021and replaced
Read in AllAfrica: https://apple.news/
Zimbabwe: Alrosa to Hold 70% in Diamond Venture
Leading global diamond producer, Alrosa, will hold a 70 percent controlling stake in the newly agreed joint venture with State owned Zimbabwe Consolidated Diamond Company (ZCDC), as Harare bids to boost mineral exports and reboot the sluggish economy. The coming in of Alrosa further entrenches participation and return of private players to diamond mining in...
Read in FurtherAfrica: https://apple.news/
China and Portuguese-speaking countries meeting was positive for São Tomé and Príncipe
The 14th Meeting of Entrepreneurs for Economic and Trade Cooperation between China and Portuguese-speaking Countries was positive, the director of the São Tomé and Príncipe Trade and Investment Promotion Agency (APCI) said on Thursday in São Tomé. Rafael Branco also said that the meeting held on 8 and 9 July was part of the government’s...
Read in FurtherAfrica: https://apple.news/
Kenya gov't cracks down on digital lenders
Millions of Kenyans rely on loans to make ends meet. And getting a loan from dozens of companies is especially easy if you have a mobile phone. But many are unable to repay what they have borrowed - 400,000 people are on the government’s credit blacklist, some for as little as $2. The Central Bank governor says he wants to crack down on mobile lenders – some using unscrupulous methods to lure Kenyans into debt. Al Jazeera's Catherine Soi reports from Nairobi.
Read in Aljazeera: https://apple.news/AobiUw_
ASIA
Chinese money in the U.S. dries up as trade war drags onTougher regulations and uncertainty about tariffs have made America less friendly for foreign investment.
Read in The New York Times: https://apple.news/
Chinese companies looking to buy U.S. farm products: XinhuaSome Chinese companies are seeking new purchases of U.S. agricultural products, China's official Xinhua news agency said on Sunday, citing authorities, as Beijing and Washington look for ways to end a protracted trade war.
Read in Reuters: https://apple.news/
How Chinese e-commerce unicorn Jollychic plans to defend its turf in the Middle EastJollychic, a Chinese e-commerce start-up that has become one of the top players in the Middle East market, plans to replicate China’s all-encompassing online ecosystem in the region, as competition from international and local players heats up. Founded in…
Read in South China Morning Post: https://apple.news/
China economy slows to lowest quarterly growth in 27 yearsAn end to the trade dispute between China and the United States may be a long way off amid concerns China is not willing to bow to US demands for political and industrial reforms. Talks appear to have stalled, despite the declaration of a truce when the two presidents met last month. Al Jazeera's Wayne Hay takes a look at China’s economic rise and what is now at stake for the world's most populous country.
Read in Aljazeera: https://apple.news/
China must redirect its state-led capitalism to reverse its downward economic trendChina’s current economic woes are not exclusively about its record-low growth figures, but also about when the decade-long downward trend will halt and how its state-led capitalism should be redirected. The 6.2 per cent growth in gross domestic product in…
Read in South China Morning Post: https://apple.news/AkrGqR_
Chinese firms ask for tariff exemptions to buy US agricultural products, state media saysSeveral Chinese companies want to buy American agricultural products and have applied for exemptions from the tariffs imposed on them by Beijing, state media reports. The applications for exemptions have been filed and will be heard by a panel of experts…
Read in South China Morning Post: https://apple.news/AE-
Japan uses trade restrictions as a weapon against South KoreaJapan placed restrictions on exports to South Korea of materials essential to its semiconductor industry amid an impasse between the two governments over reparations dating from World War II. It's part of a trend among some of the world's most powerful nations.
Read in Los Angeles Times: https://apple.news/
EUROPE
Ireland warns Johnson tearing up the Brexit deal would cause 'trouble'
Tánaiste Simon Coveney said that the battle between Boris Johnson and Jeremy Hunt to succeed Theresa May had changed nothing in terms of Britain's attempts to get out of the EU.
Read in Daily Mail: https://apple.news/ArF_
As Brexit looms, the U.K.'s Conservative Party fights for survival
“We have a Conservative Party that has become almost completely consumed by Brexit now, to the point that it’s almost blocking out the sun.”
Read in NBC News: https://apple.news/AHr-
Brexit: Irish deputy leader warns Boris Johnson he will be ‘in trouble’ if he tries to rip up deal
Ireland’s deputy prime minister has warned Boris Johnson he will be “in trouble” if he enters No 10 vowing to rip up the existing Brexit deal.
Read in The Independent: https://apple.news/ AKymGtlxPQ5qYk6licTjjiw
Ireland’s deputy prime minister has warned Boris Johnson he will be “in trouble” if he enters No 10 vowing to rip up the existing Brexit deal.
Read in The Independent: https://apple.news/
UK finance minister to quit over no-deal Brexit if Johnson becomes PM
British finance minister Philip Hammond said on Sunday he would resign if Boris Johnson became prime minister because he felt unable to support a leader happy to take the country out of the European Union without a deal.
Read in Reuters: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Tuesday 7/16/19 did update on the indicative rates Sell Rate 1190
The currency auction is 177,290,700
There are no news and announcements.
Nasdaq signs New Agreement with Iraq Stock Exchange
Iraq, July 22, 2019
Nasdaq Inc. (Nasdaq:NDAQ) and the Iraq Stock Exchange (ISX) have signed a new agreement to extend their market technology relationship.
As part of the agreement, Nasdaq will continue providing ISX with matching engine and central securities depository (CSD) technology. This new agreement marks the next chapter of a technology partnership between Nasdaq and ISX which originated in 2007.
Taha A. Abdulsalam, CEO, Iraq Stock Exchange, said:
“We are pleased to build on our successful partnership with Nasdaq. Using Nasdaq’s market technology is a clear indication to investors, regulators and other exchanges that Iraq will bolster its efforts into becoming an important financial center for regional and global businesses.“
Michèle Carlsson, Managing Director, Nasdaq in the Middle East and Africa, said:
“By upgrading to the latest Nasdaq technology, ISX will be joining a community of exchanges deploying high-end, multi-asset trading technology that complies with international standards. We look forward to supporting ISX as they continue evolving and innovating their marketplace.“
iraq-businessnews
Click on link above for latest update.
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
7-22-2019 Intel Guru RayRen98 We have been waiting to get some updates about the banking situation. I was told the 800# could come at any minute last night. Everyone is in position. I will let you know if I get the update...
7-22-2019 Intel/Newshound Guru sandyf ...no chatter on that imf consultation that happened the other day...The Art 4 consultation was held in May and the report has to be approved by the board before being published. It is due to be published in July but not as yet. Rest assured that when it is published there will be significant chatter.
7-22-2019 Newshound Guru Enorrste Question: ...do you think this float may cause a meteoric rise in the value...it's going to skyrocket in value quickly...? ...The CBI has very cautiously moved step-by-step to get every single thing they can think of in place. When they pull that trigger they are going to have controls just like they've put controls for the last three or four years. They are going to have controls that will allow them to control the rise of the float. What they don't want is meteoric. It will be too scary for them. They have to control it...I do think it's going to go quickly. I think within 3 years we'll see $3.00. That's my own personal opinion...but I do think they're not stupid and if it starts to be crazy they are to put a ratchet in there...
7-22-2019 Intel/Newshound Guru sandyf ...no chatter on that imf consultation that happened the other day...The Art 4 consultation was held in May and the report has to be approved by the board before being published. It is due to be published in July but not as yet. Rest assured that when it is published there will be significant chatter.
7-22-2019 Newshound Guru Enorrste Question: ...do you think this float may cause a meteoric rise in the value...it's going to skyrocket in value quickly...? ...The CBI has very cautiously moved step-by-step to get every single thing they can think of in place. When they pull that trigger they are going to have controls just like they've put controls for the last three or four years. They are going to have controls that will allow them to control the rise of the float. What they don't want is meteoric. It will be too scary for them. They have to control it...I do think it's going to go quickly. I think within 3 years we'll see $3.00. That's my own personal opinion...but I do think they're not stupid and if it starts to be crazy they are to put a ratchet in there...
7-22-2019 Intel Markz Little or no news today……people have gotten very quiet…scary quiet…Dead quiet……I think quiet could be good. The folks in Zurich are still being told that funding is tomorrow. One is a historic bond and the other was a currency exchange …so that still looks like it’s a “go”. No new rate in Iraq yet…We are still hearing exchanges start tomorrow so we should see something today.Question: Any news on whether Trump signed the RV paperwork yet? I heard Trump received the paperwork this weekend…..i do not know if it was signed or not…..wish I did …like I said everyone I talk to has gotten very quiet…but he supposedly has it in his possession as of this weekend...
7-22-2019 Newshound Guru Kaperoni Question: ...We would get people who would ask us about cashing out and what the next stage is and what should we do? We don't speculate on that...but what I can tell you is we are not going to abandon ship when and if the dinar starts to go up in value and a mechanism is in place for people to cash out or deposit their dinars into an account...it will occur and be news to all of us and we'll all learn together. You're not going to have to get up at 6am and go stand in line at a bank. It's not gonna happen like that. We'll all learn together. Just like in the past when we talked about this investment we'll present whatever information that comes forward...
7-22-2019 Newshound Guru Kaperoni Question: ...We would get people who would ask us about cashing out and what the next stage is and what should we do? We don't speculate on that...but what I can tell you is we are not going to abandon ship when and if the dinar starts to go up in value and a mechanism is in place for people to cash out or deposit their dinars into an account...it will occur and be news to all of us and we'll all learn together. You're not going to have to get up at 6am and go stand in line at a bank. It's not gonna happen like that. We'll all learn together. Just like in the past when we talked about this investment we'll present whatever information that comes forward...
7-21-2019 Newshound Guru Larrykn Lots of news out there lately and I'm not one to do any type of predicting and won't but I think the news coming out of the CBI is good for us, sooner or later Iraq will have to do something and when they do we will be real happy . Until then we wait and see. Some people say not this year and they might be right but then I feel Iraq is behind the steering wheel and will control when all this takes place, [Guru] Kap posted about Iraq GDP being over 8 % next year , wow that is impressive if they do it. But I wouldn't sell the house of that until we see what they really do. Time will tell.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
***************
ARTICLE 1-A (from PM Mahdi's website; posted only on Arabic side, not on English side)
President of the Council of Ministers Mr. Adel Abdul Mahdi meets in the capital Tehran Iranian President Dr. Hassan Rowhani
Prime Minister Adel Abdul Mahdi met in Tehran today Iranian President Dr. Hassan Rowhani.
During the meeting, they discussed relations between the two countries and the two neighboring peoples, developments in the region and ways to defuse the current crisis.
The Prime Minister arrived in the Islamic Republic of Iran at the head of a delegation comprising the Deputy Prime Minister and Minister of Finance and Oil and Ministers of Defense and Transport, the National Security Adviser and a number of officials and advisers.
Media Office of the Prime Minister
22-July-2019
***************
ARTICLE 1-B (from PM Mahdi's website; posted only on Arabic side, not on English side)
Prime Minister Adel Abdul Mahdi receives a telephone call from British Defense Secretary Benny Murdon on July 22, 2019
Prime Minister Adel Abdul Mahdi received a telephone call from British Defense Minister Benny Murdon. The two sides discussed bilateral relations and means of strengthening them to meet the aspiration of the two friendly peoples. They also discussed regional security and ways of calm and avoid escalation. Stability in the Gulf region and the Middle East, the importance of freedom of navigation for all countries and respect for international law, and agreed to cooperate to achieve this.
Media Office of the Prime Minister
22-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
Abdul Mahdi discusses with Rohani defusing the crisis in the region
2019/7/22 20:11
[Tehran-where]
Prime Minister Adel Abdul-Mahdi met in Tehran on Monday with Iranian President Hassan Rowhani.
"During the meeting, they discussed relations between the two countries and the two neighboring peoples, developments in the region and ways to defuse the current crisis," a statement from his office said.
The Prime Minister arrived in the Islamic Republic of Iran at the head of a delegation comprising the Deputy Prime Minister and Minister of Finance and Oil and Ministers of Defense and Transport and the National Security Adviser and a number of officials and advisers.
*************
ARTICLE 4
Abdul Mahdi: We will respect the will of parliament in the event of dismissal and there are attempts to overthrow the government
2019/7/22 22:31
[Baghdad-where]
Prime Minister Adel Abdul-Mahdi announced that he will deny the will of the House of Representatives if he wants to remove him from office.
Abdul Mahdi said during a meeting with a number of satellite channels that "the will of the House of Representatives to dismiss the Prime Minister will respect the Prime Minister this decision and deliver the Secretariat," stressing "there is no attachment to power and do not believe that the political forces do not have maturity and jealousy in the interest of the country so go to such Adventures ".
And pointed to attempts to overthrow his government, "stressing that" no fear of our attempts to overthrow the government because we did not turn to others, but the political forces are directed to us. "
He pointed out that "the government today more solid and harmonious and has something to defend."
"The government's curriculum has been transformed into a government program, and the first six months of the government's government have been issued a good report that puts the government in charge of its responsibilities," he said.
*************
ARTICLE 5
A simple trick is to extend battery life in your iPhone
2019/7/21 14:14
[Follow-up]
If you're an iPhone phone user and you're complaining about a quick battery drain, there are many things you can do to keep your device running, rather than having to recharge all the time. Battery power is one of the most important criteria for smartphones, especially when we use devices to make calls, connect to the Internet, listen to music, and watch videos.
Phone users reduce the glare of the screen, and may turn the device into an "energy economy" mode when the charging rate drops, but these are not the only options available.
As applications are responsible for consuming a lot of energy in our phones, the iPhone user can solve the problem in simple steps that take only seconds.
To do this, you have to go to the Settings section and then to the "General" section, and then you'll find the "Background app refresh" feature.
At this point, you must press the "off" feature until the phone stops updating applications, while continuing to function normally.
Because the user needs these updates, he can set the time to download them, and this is done by "downloading" during times when the phone is connected to a Wi-Fi network only.
When the phone is connected to data and packages in the device, updates will not be downloaded to keep the battery, and this is possible through simple steps as well.
When you go to the "Refresh Background Applications" feature, you'll find that your phone is choosing between two things: downloading updates with "data, Wi-Fi" or "Wi-Fi". At this point, you only have to select Wi-Fi.
This "trick" can keep shipping, because keeping updates up that way means that your device will get fewer updates, while it does it all the time.
If you are constantly updating some applications because they are of great interest to you, you are able to do so, while restrictions on other non-important applications will continue.
To see what applications are consuming from your battery in an iPhone phone, I mean the Settings section, and see battery consumption by application, and then you'll see the most applications that charge your device.
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