Wednesday, July 10, 2019

WOTS Wednesday 7/10/19

WOTS Wednesday 7/10/19





WOTS Wednesday 7/10/19

Forex Rates

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1186.0000  1194.0000 1186.0000 1181.4000 1186.0000  0.8000 04:01
 USD/VND  0.0000  0.0000 23220.0000 23187.2900 23211.3500  -16.1200 00:00
 USD/CNY  6.8810  6.8830 6.8889 6.8789 6.8888  -0.0076 04:02
 USD/KWD  0.3040  0.3050 0.3041 0.3039 0.3040  0.0000 03:19
 GBP/USD  1.2481  1.2481 1.2483 1.2443 1.2468  0.0014 04:04
 USD/IRR  0.0000  0.0000 42000.0000 42000.0000 42000.0000  0.0000 00:00
 USD/IDR  14129.0000  14129.0000 14236.0000 14120.0000 14167.0000  -38.0000 04:00
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DC NY Iraq Articles:dd

Iraqi government delegation visits Ankara

Date of release: 2019/7/10 10:18 • 130 times read
(Baghdad: al-Furat News) The Ministry of Foreign Affairs, on Wednesday, the visit of an Iraqi delegation to the Turkish capital of Ankara.
"Foreign Minister Mohammed Ali al-Hakim heads a delegation including the defense minister and head of the intelligence service to Ankara," the ministry said in a statement received by al-Furat News.
She added that "the visit comes to hold talks with their Turkish counterparts on bilateral cooperation in the political, security, counter-terrorism, exchange of experiences and discuss the affairs of the region."
Abdul Mahdi: Any obstruction in the Strait of Hormuz will be a major obstacle to the Iraqi economy
00.15 10.07.2019
Iraqi Prime Minister Adel Abdul-Mahdi said on Tuesday evening that any obstruction occurring in the Strait of Hormuz will be a major obstacle to the Iraqi economy.
Baghdad - Sputnik . "We have concerns about what happens in the Strait of Hormuz, and any obstruction in the strait will be a major obstacle to the Iraqi economy, so we talked about creating islands for export, so we are talking about finding alternative solutions in the event of such possibilities," Abdul Mahdi said at the weekly press conference. That "the Council of Ministers discussed these alternatives and I can not speak now because there are talks, but we put solutions in the event of such matters how Iraq can protect itself."
REUTERS / Annegret Hilse
Iraq decides to export oil to Jordan and Syria
"At the cabinet meeting today, several recommendations were adopted. The first concerns the Iraqi oil export pipeline from Basra to a modern city and then Jordan to Aqaba or to Syria as well as the establishment of an industrial island for the export of oil and we believe that these are strategic plans." He stressed that "Iraq in terms of flexibility The export of oil, the fact of flexibility is weak because it lost most of the ports that it had twenty-thirty years ago, and now the main outlet for export is across the south and across the Ceyhan line in Kurdistan. "
Abdul-Mahdi said that "Iraq urgently needs to accelerate the diversification of export lines, and if we do this work today, after years we will face very complex problems in this area, and it was therefore approved that the Ministry of Oil in these projects and study and feasibility study and the Ministry working on this subject For a while now the issues have matured and even the investment models are in place and under consideration. "
Iraq is OPEC's second largest producer after Saudi Arabia , pumping about 4.6 million bpd and most of its crude exports are destined for Asia.
Iraq, which relies on oil to derive most of its revenue by budget, is seeking to increase its crude production capacity to 7 million bpd by 2022, compared with 5 million bpd at present.

GE: Enter three service switching stations in Baghdad in the coming weeks

Release date: 2019/7/10 9:25 • 480 times read
(MENAFN - Bahrain Times) - Middle East Electric Network Solutions (GE) Middle East Business Solutions (MEP) Middle East Business Solutions (MEA) Business Solutions Division (MEA) Middle East Business Solutions (MEA) CEO Mohamed Moheisen said Wednesday that three switching stations will be available in the coming weeks.
Moheisen said in a press statement that "the three stations are Salman Pak, municipalities and Amari in Baghdad," noting that "these substations will work to break the bottlenecks occurring around the capital, and the transfer of energy from production stations, especially Basmaya station developed to citizens and this work with the continuous cadres The Ministry of Electricity and under the guidance of Prime Minister Adel Abdul Mahdi.
He added that "the introduction of these stations is part of the company's commitment to support Iraq in the rehabilitation of electrical power infrastructure, and rely on the development of projects to provide the best technology and expertise needed in all joints of the project."
"The company has already opened a plant north-west of Baghdad transformational, and included the scope of the work of" GE "for the project of gas-isolated transformatory plant capacity of 400/132/11 kV both design, equipment manufacturing, site delivery, installation and testing and commissioning, "He said, adding that" the supervision of Iraqi engineers from the company, "General Electric", in cooperation with Iraqi contractors to build the project and installation and testing and provide commissioning services.
He added that "this plant can feed its 132 kV transformer in Kadhimiya, Shaabla and Sabiyat, as well as five other substations to be developed in the future. The station will also help connect the electricity from Basmaa power plant, And mobile gas stations to the national grid "
Iran is negotiating with Kurdish parties for fear of standing with America
The headquarters of a Kurdish party bombed by Iran Archived
Source:
 London - Agencies 
History: 10 July 2019
Opponents of the Iranian Kurds said that representatives of the Iranian regime had held meetings in the Norwegian capital, Oslo, in preparation for negotiations with four opposition Kurdish parties, the Kurdistan Democratic Party of Iran and the Kurdistan Party of Kurdistan and the other two dissident parties under similar names.
According to the website «Arab.Net» from Kurdish sources, the talks between those parties and Iranian officials, including intelligence officers, was in three stages in Germany and Norway. The sources, who did not want to be identified, said that Iran has threatened to attack the bases of these parties, which are based in Kurdistan, Iraq and its destruction in full if Tehran was hit by a US strike and kidnapped those parties along with America and its allies

The will of victory» purifies 15 villages of Daash in western Iraq

An Iraqi tank during a previous participation in the battles against «dashing» on the borders of Syria Augus
History: 
The Iraqi Ministry of Defense Operations Command confirmed the clearance of 15 villages and areas, from northern Euphrates to Nineveh Governorate along the Iraqi-Syrian border, as well as the destruction of 14 camps and wakra for the organization. Sunday, to clear areas located between the three provinces and up to the border with Syria.
"The operations of the will of victory, which began according to accurate intelligence, will not end until the forces control the international border line, and the destruction of all tunnels, premises, bombs and car bombs, The operations have destroyed so far 200 explosive devices and 12 headquarters, in addition to an underground camp, as well as the seizure of motorcycle bombs belonging to terrorist gangs Da'ash.
the second page
"The operation was launched with the participation of large pieces of military resources to lead the operations of Al Jazeera, Nineveh and Salahuddin, as well as pieces of the supporting forces and air support from the Air Force, the Army Air and the International Alliance," the security information cell said.
The Anbar Operations Command confirmed that the joint forces had completed the second page of the Will of Victory, while the Diyala police command announced the additional seizure of a terrorist cell that was planning criminal attacks inside the province.
Major General Faisal al-Abbadi, Diyala police chief, said the additive contained explosive devices.
In the context, confirmed the Committee on Security and Defense parliamentary, yesterday, that the operations of will to victory was a serious blow to terrorism.
Committee member Nayef al-Shammari stressed the need to "control the border and hold the ground after clearing any area."

Iranian Kurdish fighters train in the Kurdistan region of Iraq

Field commander for «Middle East»: We defended Erbil in front of the progress «popular crowd»
Wednesday - 10 July 2019 AD Issue Number [14834]
Iranian Kurdish women injected with Peshmerga forces trained in a camp near Erbil yesterday (Reuters)
Erbil: Ihsan Aziz
More than 300 volunteers from the Azadi Kurdistan Party, led by General Hussein Yazdan, completed their combat and tactical training in one of the party's training camps, east of Erbil province in the Kurdistan region of Iraq.
"The volunteers completed their four-month training on various types of light and medium weapons, and are ready to take up the tasks that will be assigned to them later on in the front lines, or in any of them," said Rebaz Sharifi, the field commander of the party's fighters and the general supervisor of volunteer training at Tawar. A site that requires their presence.
There is a large daily flow of Kurdish volunteers to the PKK strongholds from most of the Kurdish cities in Iranian Kurdistan, and they are very eager to take up arms against the Iranian regime and to take part in the fighting against it, Sharifi told Asharq Al-Awsat. He said: «Currently these fighters will take over the task of defending the Kurdistan region in the axis of the fighters of the party, south of the city of Erbil, in addition to protecting the headquarters and strongholds of the party».
"The training was carried out by the party's veteran cadres and under the supervision of its field commanders, who gained extensive experience during their war of more than two years against the terrorist organization in the Nineveh Plain axes and against the popular crowd that tried in vain to advance toward Erbil," Sharifi said. , Stressing that the weapons available to the current fighters of the party, as well as military vehicles and vehicles, are all the spoils seized by the party in its war against «Da'sh» and «crowd», denying the receipt of any aid or funding from any external or internal, including the Kurdistan Regional Government . "Unfortunately, the regional government has not provided us with any aid or funding. Otherwise, the performance and organization of the party's fighters would have been more sophisticated. However, the party depends entirely on its own potential," he said.
He added: "We share the Peshmerga forces in the Kurdistan region, the duties of defense and defense of the homeland, but we are not part of the Peshmerga in terms of the official concept, but we are separate from the funding and training and goals, our party represents a Kurdish force against the regime in Iran, and fighting for the independence of Kurdistan Iran, but the duties of national defense and the preservation of the dignity of the Kurdish people, is the common denominator between us and the Peshmerga », noting that the fighters of the" Azadi Kurdistan ", are fully prepared logistically to participate in any battles against the Iranian regime. 
Kauaihn Iraq Articles:dd
The Parliament calls for a review of the amnesty law
10-07-2019 10:21 AM
Baghdad
A member of the parliamentary legal committee, MP Salim Hamza, on Tuesday, to reconsider the law of amnesty and some laws enacted in the past period, indicating that the law began at an exceptional time.
Hamza said in a statement read by the "news" that "most of the laws that were approved previously need to be renewed and make amendments to the paragraphs that contain gaps must be avoided."
He explained in an interview with the new Arab that "the previous laws were issued in exceptional circumstances passed by Iraq, including the amnesty law, which was issued in a convulsive circumstance when a number of provinces under the occupation of a preacher organization. Review the provisions of this law in order to be consistent with current realities ".
Hamza stressed that "the law must comply with international laws, and is not contrary to human rights law, and not to be criticized by international organizations," calling on the government to "send amendments to the gaps of the Amnesty Act, to avoid the consequences."
Hamzah stressed that "any official has been contaminated by corruption, must be tried and punished in accordance with the law, especially that the offense is linked to the rights of the state and citizens." He also pointed out "the existence of a number of other laws that need to be amended, including the civil service law and the law of the provincial council, and others."

Channel: The grandson of Khamenei secretly met Americans in Iraq

10-07-2019 12:04 AM
Baghdad:
An Israeli channel has uncovered a series of secret talks between an Iranian and US delegation in northern Iraq.
The Iranian channel, "i24 news", Tuesday evening, Tuesday, that an Iranian delegation, led by the grandson of the Supreme Leader Ali Khamenei, met with US officials, the hotel in the city of Arbil, the capital of the Kurdistan region of Iraq, on Friday, July 5 Ongoing.
Private sources told the channel, which spoke on condition of anonymity, that a delegation of Saudi officials were staying at the same hotel, before being moved to another place to be away from the negotiating place.
According to the information disclosed, the Iranian delegation consisted of Hassan Khamenei, the grandson of Iranian leader Ayatollah Khamenei, leaders of the Iranian Revolutionary Guards, and Iran's ambassador to Iraq, Araj Masjedi, and other dignitaries.
Private sources were unable to obtain further details and the results of the negotiations.
Iran had reportedly contacted Kurdish opposition parties based in Iraq, but according to the information received, the talks were still "useless".
Earlier, a Kurdish opposition party called the Iranian Communist Party announced that a number of Kurdish parties had held secret meetings with a number of Iranian officials over the past two years under the supervision of a Norwegian organization.
The party refused to give further details or reveal the identity of the Norwegian organization that monitored the talks.
Saudi Arabia and Iraq plan to launch joint military exercises
10-07-2019 11:44 AM
Baghdad:
The chief of staff of the army, General Othman al-Ghanmi, discussed with his Saudi counterpart Tuesday cooperation in the fight against terrorism and launching joint military exercises between the two countries.
A statement issued by the Iraqi Ministry of Defense, received by "news" that "the Chief of Staff of the Army Gen. Othman Al-Ghanim, during his visit to Saudi Arabia, the Arab framework to develop relations between the Iraqi and Saudi armies."
"Joint coordination was discussed in combating terrorism and conducting a number of joint military exercises between the two countries," the statement said. "The chief of staff went to the Saudi National Museum and the Saudi Military College to view the training and teaching programs at the college."

Defense announces the overall results of the will of victory

10/7/2019
Baghdad
The Ministry of Defense announced on Tuesday the results of the "will of victory" operation in the provinces of Nineveh, Salah al-Din and Anbar towards the Syrian-Iraqi border.
The ministry said in a statement received "News" a copy of it, that "the heroes of the command of the operations of Nineveh and within the process of (will victory) and the support of the heroes of the army's flight from the destruction of (9) additives, and detonate (11) IED, and found (33) Within the axis of the 60th Infantry Brigade, the 20th Division, and in the 43rd Infantry Division, the above division was destroyed by the destruction of (7) additives. "
"The command also managed to detonate (13) explosive devices and destroy (6) tunnels, and within the axis of the popular crowd was destroyed and burned the wheel of pick-ups of the heroes of the air force led to the killing of (3) terrorists and the destruction of two additions."
And completed that "the heroes of the command of operations Salah al-Din and the units Almtaglha with them, they were able to find (4) improvised explosive devices, and (3) additives containing a bomb factory and (8) Katyusha rockets, and find a large additive destroyed in the village of Awsaj, (2) a capsule, (2) a lighter in the village of Damuk, and the discovery of an explosives factory containing (3) an Austrian artillery shell in the village of Abu Jleib , Found a communications center for terrorist elements and a bomb manufacturing plant containing (5) homemade improvised explosive devices. "
"And within the categorical command operations of the island managed to destroy the heroes added, the bombing of three explosive devices in the village of Shuwaili."
Informed source: The government will cut the investment expenditure of Kurdistan soon
10-07-2019 10:46 AM
Baghdad / News
Revealed source familiar with, on Tuesday, the intention of the federal government to cut investment expenditures for the Kurdistan region of the share of the budget after the region's failure to pay oil to Sumo.
The source said in the Secretariat General of the Council of Ministers, in a statement seen by "news" that "the Iraqi government will soon go, as a precautionary step, to announce the suspension of payment of new funds to Erbil within the share of the province approved in the budget this year, unless the Kurdistan government stop procrastination In paying the dues of selling oil. "
The official also pointed out that "Erbil now condemns the sale of 3 million and a half million barrels must be paid for Baghdad on the price of the sale of world oil and not on the average price of a barrel of oil headquarters in the Iraqi budget of $ 56."
"The salaries of the region's employees will be paid naturally, but the share of the development budget will be affected. The government has several options, including cutting the amount of money that the government of Kurdistan has not paid for selling oil and handing over the rest of the money."

Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER

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GLOBAL/NEWS/INFO

Today in History
Today in History

Read in ABC News: https://apple.news/A-DITkuuWQxC81udER-0V1g


3 Secrets to Retiring Rich
These simple strategies can net you a comfortable nest egg for retirement.

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10 Things to Know for Today
Among 10 Things to Know for Today: Vastly different conclusions about what to do with financier Jeffrey Epstein over molestation allegations; William Barr sees a way to add citizenship question to census; Hong Kong protest leaders vow to continue rallies

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OIL/COMMODITIES/ENERGY


Why Investors Need To Be Cautious In Gold
Gold has jumped to its highest levels in six years.This jump has been led by investors adding to ETF gold holdings and speculative interest.The latest COT report shows a large rise in speculators, which is a contrarian warning sign.With the latest jobs report and tariff easing, there are plenty of headwinds to gold.The one precious metal that is attractive currently is platinum.

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Gold prices could reach $2,000 by the end of the year, strategist says
Gold prices can continue to climb even after they hit a multi-year high last week, said David Roche, president and global strategist at London-based Independent Strategy.

Read in CNBC: https://apple.news/AMoFTczkiRB2YzB0mL_KnLg


Gold Prices Slip Below $1,400 Ahead of Speeches by Fed Officials
Commodities Jul 09, 2019 04:07 GMT Investing.com - Gold prices slipped below the $1,400 level on Tuesday in Asia ahead of speeches by multiple U.S. Federal Reserve officials in the next couple of days. Gold futures for August delivery on the Comex division of the New York Mercantile Exchange slipped 0.3% to $1,396.45 by 12:07 AM ET (04:07 GMT). 10 U.S. central bankers, including Fed chair Jerome Powell, are set to speak this week. The Fed’s June meeting minutes are also due on Wednesday. Other

Read in Investing.comhttps://apple.news/AnFwy0cpTQgmIYjr5UcUXhA


Oil struggles for direction as worrisome demand picture persists
Oil futures edge lower in choppy trade to kick off a new week of trading after prices suffered their first weekly loss in three through last Friday as energy-demand worries persist.

Read in MarketWatch: https://apple.news/As-d9Kk5VS8ee2fJXJ5KFmQ


Oil Prices Fall on Lingering Concerns of Weakening Demand
Commodities Jul 09, 2019 04:42 GMT Investing.com - Oil prices fell on Tuesday in Asia amid lingering concerns of weakening global demand. U.S. Crude Oil WTI Futures fell 0.4% to $57.45 by 12:40 AM ET (04:40 GMT). International Brent Oil Futures were down 0.3% to $63.92. Oil prices have been under pressure amid worries of weakening demand. Concerns that the Sino-U.S trade depute might drag on for a while, even after the two sides agreed to resume talks, were also cited as headwind for the oil

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METALS-Copper falls amid rising stockpiles, strong U.S. dollar
(Updates prices, adds graphics)

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METALS-Copper gains capped by prolonged U.S.-China trade dispute
* GRAPHIC-2019 asset returns:

Read in Reuters: https://apple.news/AvObmwMjLRC2Atw7OnTJZrA



BANKS/BANKING/CREDIT


The Party's Over for 'The World's Most Dangerous Bank'
In undergoing a major restructuring, Deutsche Bank will reckon with two decades of reckless management.

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Factbox: What Deutsche bankers are saying about the 18,000 global job cuts
Whole teams within Deutsche Bank AG have been told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis.

Read in Reuters: https://apple.news/A0xcKNmnHRbm6XUtHTv1RhQ


Tearful Deutsche Bank Staff in London Learn Fate as Cuts Begin
Deutsche Bank AG started cutting hundreds of jobs at its investment bank in London on Monday morning as the German lender embarks on its most aggressive restructuring plan yet.

Read in Bloomberg: https://apple.news/AovFFfyXjRTCvTk4nyn5Nhg


RBI To Discuss With Govt Issuance Of Sovereign Bonds: Shaktikanta Das
After the customary post-budget meeting with Finance Minister Nirmala Sitharaman, he said the system has sufficient liquidity and the Budget for 2019-20 has made provision for shadow banking (NBFC) sector.

Read in BTVI: https://apple.news/AcRADocHLOoiezIWpTGn20Q


Could HSBC be planning to use XRPL for faster and more efficient payments across borders?
Clean the dust off your tin foil hats, because this is an article based on pure speculation and rumors circulating crypto Twitter. This article attempts to connect the dots to arrive at a probable partnership between the banking giant HSBC and Ripple, and the use of XRP Ledger by the banking giant. The Dots Before...

Read in AMBCrypto: https://apple.news/AN_x9RDbQQ9ua_YqJF_wisQ


Bank of America Finds Its Moral Compass to the Detriment of BAC Stock
At a time when nothing is really guaranteed, Bank of America's selective morality appears arrogant, and worse could hurt BAC stock.

Read in InvestorPlace: https://apple.news/AWMJLePEOQB6g3yEi4M1ldQ


ECB Plan to Modernise Bond Sales Gets Cool Reception From Banks
An effort by the European Central Bank (ECB) and the region’s biggest public-sector borrowers to modernise bond issuance is getting mixed reviews from banks amid concern it may diminish their decades of control.

Read in BTVI: https://apple.news/AXu-vUi41N_CeC2sipylq0w


Will Credit Card Companies Be the Undoing of CBD Product Sales?
Payment processors are declining to do business with retailers that sell them.

Read in The Motley Fool: https://apple.news/Aur47-3yJSpi-6jTc0GQ-pg


4 credit cards that insure your cell phone to pay for repairs or replacement
Cell phones are getting more expensive as they get more powerful, meaning we're carrying around a good chunk of cash every day. Most people are pretty hard on their phone. They fall out of our pockets, get wet, and get stepped on. No one wants to pay extra for unnecessary insurance, so keep in mind credit cards like the Chase Ink Business Preferred Credit Card and the Wells Fargo Propel American Express® Card, which offer cell phone insurance coverage as an included benefit. For many of us, our

Read in Business Insider: https://apple.news/APsm8oUM0T0eyZeYvPztT1A


The best ways to spend and protect your money when you travel abroad
Here are some ways to protect yourself from thieves, foreign transaction fees and identity theft when you travel.

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TREASURIES/BONDS/STOCKS


BlackRock sees slower growth in second half, but still likes U.S. stocksBlackRock sees a weaker global growth outlook for the second half, and while it still sees a good environment for U.S. stocks, it no longer favors emerging market equities.

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GLOBAL MARKETS-Asian shares fall as bets off on sharp U.S. rate cuts* Asian stock markets:

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Dow drops as stocks slide across the boardStocks opened lower on Monday, after Friday's jobs report called the market's hopes for a quick interest rate cut into question.

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Treasury yields trade lower as stocks slideTreasury yields fell after Asian equities reeled in the wake of healthy nonfarm payrolls data last week.

Read in MarketWatch: https://apple.news/Am3_6De7zSuiJEoI-npvzeQ


The Dow Is Slipping Because the Fed Might Not Cut Rates After AllTensions between the U.S. and Iran and Deutsche Bank layoffs are also weighing on the market Monday morning.

Read in Barron's: https://apple.news/AIig97dCzTduPmno_PFnKvg


Top 5 Things to Know in the Market on WednesdayEconomy Jul 09, 2019 09:48 GMT Investing.com - Here are the top five things you need to know in financial markets on Wednesday, July 10: 1. Powell to kick off Fedspeak marathon After last week’s solid U.S. employment report forced investors to scale back bets for aggressive policy easing from the Federal Reserve, the central bank’s chief, Jerome Powell, will kick off a busy week of appearances from policymakers on Tuesday. Powell’s Tuesday speech is not expected to cause waves as he delivers

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CRYPTO'S / DIGITAL CURRENCY


Bitcoin Disrupting Banking; Deutsche Bank To Cut 18,000 Jobs by 2022
Throughout history, the banking industry has always been vulnerable to a range of risks, but somehow, it has been able to survive for over three thousand years. But now, traditional banking is increasingly under threat from geopolitical uncertainty and, most significantly, from the advent of new technologies, including artificial intelligence and Bitcoin. As a result, behemoths like Deutsche Bank are now undergoing efforts to radically transform their business model. Deutsche Bank To Invest

Read in Bitcoinist.nethttps://apple.news/AV8R4rKcPMomZwFvLruPyhQ


High-Frequency Trading Is Newest Battleground in Crypto Exchange Race
Crypto exchanges including Huobi, ErisX and Gemini are rolling out the red carpet for high-frequency traders.

Read in CoinDesk: https://apple.news/ACVIotSxMRwiTuv-BZB6VPQ


New Platform Says It Enables Regular and Advanced Users to Create Their Own Crypto Fund
By Frank Edwood | Jul 08, 2019 | 12:58 PM Crypto funds act as a “basket” of different digital assets and can offer a variety of benefits over purchasing individual coins, such as ease of management and the relative safety that comes with diversification. Fortunately, creating and maintaining your own fund just became a lot easier, the platform notes. The team behind the Iconomi platform says it wants to offer a way for all users — regular and advanced — to easily get involved in cryptocurrency

Read in Cointelegraph: https://apple.news/ABK8ee0--Q8eP1-PaObXWBQ


UK regulator looks to ban crypto-derivatives | ZDNet
This article, UK regulator looks to ban crypto-derivatives, originally appeared on ZDNet.com. The UK's Financial Conduct Authority (FCA) has proposed banning the sale of derivatives and exchange traded notes (ETNs). Referencing certain types of cryptoassets in its proposal last week, the FCA said it is looking to address harm to retail consumers from their sale. "The FCA considers these products are ill-suited to retail consumers who cannot reliably assess the value and risks of derivatives or

Read in ZDNet: https://apple.news/ALG4ffNEIPOiP7DXoI0Pl0Q


U.S Working to Stop Iran From Mining Cryptocurrencies
U.S and Iran on Mining Cryptocurrencies

Read in Testboo.comhttps://apple.news/AZIPhk14_TbKK7hgU10UMgA


Bank of Japan: Launching Crypto Would Require to Abandon Cash
Deputy Governor of the Bank of Japan, Masayoshi Amamiya has some concerns about the central bank’s cryptocurrency. The Banking guru according to a report by Reuters, has said that the bank has ruled out the use of cryptocurrency because launching a cryptocurrency would require the country to abandon cash. He also said that the bank...

Read in BlockPublisher: https://apple.news/AfTYYkwITTZix6qmnRiLXEQ


Indian Police tightens its saddle to fight crypto scams by educating its officers in 2-day course
With no regulatory clarity surrounding cryptocurrencies, rumors have been circulating that the Indian government might end up banning crypto. A lot of people expected any sort of mention of cryptocurrencies in the recent annual budget meeting but were left disappointed. This goes on to prove that it will be a long time before Indians receive any...

Read in AMBCrypto: https://apple.news/A-uMe0woMQviu2NUjYZ-CJA


Singapore's Tax Agency Proposes to Exempt Cryptos From GST
Singapore's tax authority aims to stop applying goods and services tax (GST) to cryptocurrency transactions.

Read in CoinDesk: https://apple.news/AV-oiLmZ6T2yMYdLTpPjTSQ


High-Frequency Trading Is New Battleground in Crypto Exchange Race
Crypto exchanges including Huobi, ErisX and Gemini are rolling out the red carpet for high-frequency traders.

Read in CoinDesk: https://apple.news/ACVIotSxMRwiTuv-BZB6VPQ



CURRENCIES


Dollar Underpinned By Ideas That The Fed Has More Room But Less Urgency To Cut
The yield of the January 2020 Fed funds futures contract, which is among the best metrics for expectations of Fed policy in H2, rose nine basis points.The euro began last week pushing against resistance around $1.14 and finished the week threatening to break below $1.1200.It took the stronger-than-expected jobs report to end the eight-week decline in 10-year US rates.

Read in Seeking Alpha: https://apple.news/AUBQf0ERATGaI9r5BQ6M9gg


Dollar Surges After Strong US Jobs Report But Stocks Slide | Action Forex
US dollar roars higher on surprise jump in US payrolls But stocks are sold off as investors trim expectations of aggressive Fed rate cuts Attention now turns to Powell’s semi-annual testimony in Congress for policy clues Strong US jobs report puts dollar back in the front foot The US dollar was trading close to Friday’s […] The post Dollar Surges After Strong US Jobs Report But Stocks Slide appeared first on Action Forex.

Read in Action Forex: https://apple.news/Agd366sXJMqigBrM_YDj6vw


Forex - Pound Slumps as Weak Retail Data Point to 2Q GDP Drop
Forex Jul 09, 2019 07:48 GMT Powell is also due to deliver the opening remarks at a Fed event on bank stress tests at 8:45 AM ET, which may give advance clues about his views on the implications of last week’s strong jobs report for the future path of interest rates. Futures on the dollar index, which tracks the greenback against a basket of developed-market currencies, hit their highest in nearly three weeks thanks largely to the weakness in sterling. At 3:45 ET, they were at 97.082, up 0.1%

Read in Investing.comhttps://apple.news/AIrMPRVgDRz-W14Rie6H7oA


Forex - Pound Slides as Weak Retail Data Point to 2Q GDP Drop
Forex Jul 09, 2019 08:29 GMT Investing.com -- Sterling tumbled in early trade in Europe on Tuesday amid increasing signs that the economy has started to contract, and fears that the situation will only get worse in the short term due to the ongoing Brexit drama. Overnight, the British Retail Consortium reported that like-for-like retail sales fell 1.6% from a year earlier in June. It added that average sales over the last 12 months had fallen 0.1% - the worst performance since 2012. U.K.

Read in Investing.comhttps://apple.news/ABAjT1zn6QBqlZarZWbLHGg


Brazilian Real: Risky, But There Could Be More Upside

The Brazilian real has shown strong performance in 2019.Lower inflation relative to other emerging market economies could mean that the real is set to go higher.While low economic growth is a risk factor, I take a bullish view on the Brazilian real.

Libra: Facebook's new currency fails the Hayek test • Social Europe
Libra means ‘balance’ in Latin. But Peter Bofinger argues that Facebook’s proposed cryptocurrency would be highly risky for holders and a giant enrichment programme for the company. Peter Bofinger Facebook’s idea of issuing its own cryptocurrency has met strong criticism. Katherina Pistor has called on governments to protect citizens from the Libra, while Joe Stiglitz has said they should shut it down immediately. Both are absolutely right. Libra is anything but a stable currency—despite

Read in Social Europe: https://apple.news/ANFWYz0EEOM2bFZ1n49TY8g


HEALTH / SCIENCE


Some older Americans spend more than 10 waking hours alone — here’s why that could be harmfulAround 14% of adults 60 and up say they spend all of their measured time alone, according to a new analysis.

Read in MarketWatch: https://apple.news/ArqDxNgfhT-64A68EgzaqeQ


Eye drops sold at Walmart and Walgreens subject to recall by manufacturer AltaireNearly two dozen products sold as over-the-counter store-branded eye drops at Walmart and Walgreens stores, alongside some prescription formulations sold via other retailers, are reportedly subject to a voluntary recall by manufacturer Altaire Pharmaceuticals Inc., according to notices posted on the Food and Drug Administration's website. Some 150 lots from among 23 product lines made by Altaire have the potential not to be appropriately sterile, USA Today reported on Sunday. The USA Today

Read in MarketWatch: https://apple.news/ALQeqgjFsTU-WeJUqCOIDOQ


What Germany can teach the U.S. about lowering drug pricesGermany — the European country whose health care system is most similar to the U.S. system — seems to have found a way to regulate prescription drug prices without curbing its citizens' access to new, effective medicines.

Read in Axios: https://apple.news/Axs6jH8vbS6KcJKEEDUBlpw


Revealing negotiated prices won't reduce health care costsThe inevitable outcome of disclosure would be that higher discounts for larger insurers would disappear, and everyone would pay a higher price.

Read in The Hill: https://apple.news/A6e1vpevyTf-bc64oLiXmuw


Chinese scientists find cancer hope in old pest remedyA type of pesticide used to treat lice and worms in humans could help treat cancer, according to a new study by Chinese scientists. A research team at the Chinese Academy of Sciences’ Institute of Zoology in Beijing injected Ivermectin, a widely available…

Read in South China Morning Post: https://apple.news/A6UmXBe4lQ3-UpBZU-ZnntQ


The Meat-Allergy Tick Also Carries a Mystery Killer VirusA tick best known for making people allergic to red meat can also infect its victims with the deadly Bourbon virus.

Read in WIRED: https://apple.news/ATbhInGxgSo-EbtWH-lybKw


Yemen cholera outbreak hits over 200,000 children in 2019, charities warnHundreds of thousands of children have been infected with suspected cholera in Yemen in the first six months of 2019 and the death toll is set to soar as the rainy season begins, aid groups warn.

Read in The Independent: https://apple.news/APl39E9AgRUK-frMaZ8p-Fw

Miracle Triplets Born After Mum Has Pioneering Surgery In The WombTanya and Kris Hall welcomed miracle triplets into the world after a devastating diagnosis of Twin to Twin Transfusion Syndrome (TTTS).

Read in Pretty52: https://apple.news/ASSyCLyWVQGS7gagGtLAwxw


USA / CANADA


Opinion: Social Security is losing money by allowing retirees to defer claiming benefits
Fix this rule or end it.

Read in MarketWatch: https://apple.news/AOUrYMgDITimDECRV1QwssA


Trump administration steps up efforts to add citizenship question in 2020 Census
The Justice Department said Sunday a new team of government lawyers will take over the push for a citizenship question in the 2020 Census, the Wall Street Journal reports.

Read in Axios: https://apple.news/AfQjRnEcjQzCmI-jmBVb56g


The US needs a G-7 deal with Europe and Japan to balance its economy
The U.S. should insist on economic policy coordination with Europe and Japan to reduce its unsustainably large trade imbalances, writes Michael Ivanovitch.

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


After earthquakes rattle California, expert shares tips to cope
A clinical and forensic neuropsychologist tells CBS Los Angeles that natural disasters are classified as traumatic experiences

Read in CBS News: https://apple.news/AYv1u1SXwRW6KVwvjUo2srw


A $15 minimum wage could lift 1.3 million out of poverty — and cost 1.3 million jobsThe Congressional Budget Office analyzed a bill to double the federal minimum wage, and its findings show a higher risk of job losses than recent academic research.

Read in Vox: https://apple.news/ALvrm8ftuRIqNRdqrmFTdGg


EMERGING MARKETS


Chinese stocks are a buy even without a trade deal, says top emerging market fund managerThe outlook for Chinese stocks may be risky. But Lewis Kaufman, a portfolio manager at Artisan Partners, thinks investors should buy them anyway.

Read in CNBC: https://apple.news/Ac2aT9hlNRWeCZVHURxN8dQ


Sovereign investors shun Europe for Asia, emerging marketsNearly three times as manysovereign investors plan to raise exposure to emerging marketsrather than Europe this year as the continent's attraction wanesdue to slowing economic growth and rising political risk, astudy by asset manager Invesco showed.

Read in Reuters: https://apple.news/ATPBalTVaSuCDfoH3LrjulA


If Brazil Dumps Its TreasuriesWith the trade war in full swing, many are saying our trading partners might dump their Treasury holdings as revenge for US tariffs on their exports.A knowledge of reserve banking and Federal Open Market Operation (OMO) shows that this would have little to no effect on anything other than market sentiment.With the debt ceiling induced Treasury drought on, at present, bonds are rallying and yields are falling like never before.The bond and gold markets are not foretelling of a recession, as the

Read in Seeking Alpha: https://apple.news/A-cvbThsRTQSlb_Hjlw7Hng


The Era Of Investment Glut And Inverted Yield Curves Will Come To An EndThe last 30 years brought a flux of foreign investors to the US Treasury market. Emerging countries in need of long-term capital allocation have bid the interest rates down. The unwinding of this trend would mean a regime change for the world's financial system and for the world's biggest equity market.

Read in Seeking Alpha: https://apple.news/AlegX2dBuQySQKwEv2eMUYQ


MIDDLE EAST


Israel-Palestine Tensions: Gazans continue to suffer effects of 2014 war
Israel-Palestine Tensions: Gazans continue to suffer effects of 2014 war

Read in TRT World: https://apple.news/AD8fdjFh8TGiL3MkvrefdCg


China & Gulf expansion to boost Trade Bank of Iraq’s revenues: chairman
By Stanley Carvalho ABU DHABI (Reuters) – State-owned Trade Bank of Iraq (TBI) is expanding into China and the Gulf, seeking to lift its revenues from retail banking and international operations to 30% by 2022 from 25% now, its chairman said on Sunday. The bank plans to open a representative office in China next year...

Read in CreaWorldNews: https://apple.news/AJVgHr1lhRmOsz4eSF9wvXA


Europe is in a difficult position on Iran, editor-in-chief says
Europe wants to protect the Iran nuclear deal, but also does not want to appear to appease them, says Mina Al-Oraibi, editor-in-chief of The National.

Read in CNBC: https://apple.news/AW1cyl8gARpSgudVhGF3ymw


Iran passes new nuclear deal limit as China blames US for crisis
Iran has passed the uranium enrichment cap set in its 2015 nuclear deal, marking the second time in a week that it made good on a promise to reduce compliance with the international pact following the United States's unilateral exit last year. The announcement on Monday from Iran's Atomic Energy Organization came amid growing frustration in Tehran over a failure by the landmark accord's remaining signatories to deliver on its promised economic benefits. Iran has already passed the uranium

Read in Aljazeera: https://apple.news/AXVfgO2N_PXKuMB_cShCjyQ


Iran announces announces higher enrichment levels set by 2015 nuclear deal
Iran on Monday said it has surpassed uranium enrichment levels set by the 2015 nuclear deal but did not specify how much more the enrichment levels would rise, according to reports.

Read in Fox News: https://apple.news/AC6Cph9ZESYewz4Xba4eVTw


“A nasty, brutal fight”: what a US-Iran war would look like
The bottom line: It’d be hell on earth.

Read in Vox: https://apple.news/AGNNVBx5gRYe4jdKWHl17yA




AFRICA


Premier’s Zimbabwe projects back on trackFollowing some setbacks for Aim-listed Premier African Minerals in Zimbabwe last year, the company has stated its intention to carefully manage risk at its projects in the country, with its prime objective to get its RHA tungsten project up and running, while also securing an exclusive prospecting order (EPO) for its Zulu lithium project. “Last...

Read in FurtherAfrica: https://apple.news/AlzU3HY7SRAuKAN-WC7bUTg


Zimbabwe finmin says government ready to raise public sector wages againZimbabwe's finance ministerMthuli Ncube said on Monday that the government was ready toraise public sector salaries for the second time in three monthsand that it would meet public sector unions on Tuesday for wagetalks.

Read in Reuters: https://apple.news/AhMqamlb7QkC5K5DLyiw1mQ


Zimbabwe could hike rates over 50% to deal with speculators -finminZimbabwe won't hesitate to raiseinterest rates above their current level of 50% to deal withspeculative borrowers, Finance Minister Mthuli Ncube said onMonday.

Read in Reuters: https://apple.news/A-ccgVGyzTNWgbg3C1Q6YTA


Nigeria Identifies 22 Foreign Exchange Earning Sectors to Replace Oil(Photo: Zbynek Burival/Unsplash) About 22 sectors capable of generating foreign exchange for the federal government in place of crude oil have been identified, the Executive Director, Nigerian Export Promotion Council (NEPC), Segun Awolowo, has said. Mr Awolowo disclosed this on Friday while speaking with State House correspondents after a meeting with President Muhammadu Buhari. He did not disclose the 22 identified sectors. He said he briefed the president on the government's zero oil

Read in AllAfrica: https://apple.news/A5s7olUmCPGiSZ-9_3DWDGw


Tanzania: China Could Finance Part of Tanzania's SGR ProjectChina is back as one of the potential financiers of Tanzania's flagship standard gauge railway project, Foreign Affairs Minister Palamagamba Kabudi confirmed this past week. "The Chinese government has declared its intention to support the SGR construction at a later stage, and is now doing its own evaluation of the project before engaging us in further talks," Prof Kabudi said, after attending a co-ordination meeting of the Forum on China-Africa Cooperation (FOCAC) in Beijing. The SGR,

Read in AllAfrica: https://apple.news/AFKjKFpO5OUevYiIeO8OoMA


Africa to Commence Trading Under Free Trade Pact in July 2020The African Continental Free Trade was launched yesterday at the 12th Extraordinary Summit of the African Union in Niamey, Niger. President Paul Kagame described the launch of the operational phase of the African Continental Free Trade Area as a significant milestone for the continent and the African Union. President Kagame said Rwanda was in full agreement of the report by Niger's President Mahamadou Issoufou on the way forward on the agreement. Among the proposals in the report include

Read in AllAfrica: https://apple.news/AZwAxAqRAN52KUOoiojAqSg


Africa Launches Free Trade PactAfrica is about to enter into what could be an era of peace and prosperity with the official launch of a continental trade agreement. Nigeria -- Africa's biggest economy -- and Benin signed on to the new African Continental Free Trade Area Sunday at an African Union summit in Niger. This leaves only Eritrea as the only AU nation still yet to join the pact. If successful, experts predict a $3.4 trillion free trade bloc, leading to jobs and development. "An old dream is coming true, the founding

Read in AllAfrica: https://apple.news/AmmBV0Hf7P26niCB0WJ__kg

Africa: Sharing Data Can Help Prevent Public Health Emergencies in AfricaGlobal collaboration and sharing data on public health emergencies is important to fight the spread of infectious diseases. If scientists and health workers can openly share their data across regions and organisations, countries can be better prepared and respond faster to disease outbreaks. This was the case in with the 2014 Ebola outbreak in West Africa. Close to 100 scientists, clinicians, health workers and data analysts from around the world worked together to help contain the spread of the

Read in AllAfrica: https://apple.news/Ahj1ekufnMu6j4M7HfIzV_w


ASIA


China refiners curb fuel output after massive new plants stoke glutChina's fuel producers are making extended curbs to their output in the third quarter after supply from mammoth new refineries stoked an already-sizeable glut, potentially dragging on crude oil demand from the world's biggest importer of the commodity.

Read in Reuters: https://apple.news/ASxCLQzP8TEyg3svN_Av4aQ


China struggling with slow progress on high-speed rail network expansion due to local financing problemsZong Zifa, a 67-year-old Chinese peasant who has worked the land his entire life, likes to stand at the eastern end of his village to check the progress of a new high-speed railway train station under construction. He and many of his fellow villagers hope…

Read in South China Morning Post: https://apple.news/AWz50-MyqT42SZAR93y_B6w


Cambodia's EU rice exports fall sharply after tariffs; China sales upCambodia's rice exports tothe European Union fell sharply in the first half of the yearfollowing the imposition of tariffs, official data showed onMonday, but the loss was offset by increased sales to China.

Read in Reuters: https://apple.news/ArMTHiJTfQdSL_ywvjq8Sbg


UPDATE 2-BOJ warns of trade war impact on regional Japan, keeps assessment intact* BOJ maintains economic view on all 9 regions of Japan

Read in Reuters: https://apple.news/AC2C4DwX3TY6kDWfV_lGFLQ



EUROPE


Turbulence and trade-offs: Why economics matters
From Brexit to a new prime minister to US-China tensions, economics is driving global events.

Read in BBC News: https://apple.news/AI31TqDo0Ss-ZAq5-m8kJpw


Greek voters express skepticism toward their new prime minister
CNBC's Silvia Amaro spoke with Greek locals to get their thoughts on the country's snap election.

Read in CNBC: https://apple.news/AF4pInqY4TjO9AHcYXEdXZQ


Brexit news – live: MPs trigger plan to thwart Boris Johnson no-deal exit, as conspiracy theories swirl over leak of ambassador's Trump remarks
MPs have launched a new bid to stop the next prime minister opting for a no-deal Brexit without parliament's consent.

Read in The Independent: https://apple.news/AiDPXldyoS8qSTpP2zQo9KQ


EU works for European candidate at IMF: senior official
The European Union wants to have a European candidate to replace Christine Lagarde at the helm of the International Monetary Fund, a senior EU official said on Monday.

Read in Reuters: https://apple.news/ANBrS4Cx5Ramx7UHguYIs8w


Ireland to step up plans for 'significant' risk of no-deal Brexit
Ireland will step up its preparations for a disorderly Brexit this week given the chances of Britain leaving the European Union without a deal have never been higher, foreign minister Simon Coveney said on Monday.

Read in Reuters: https://apple.news/A7BFMB8F9QQ659BchUZPkpg
d


CBI, ISX, Kauaihn Chatter:





CBI Update:
The CBI for Wednesday 7/10/19 did update on the indicative rates Sell Rate 1190
The currency auction is 198,581,091

There is one news and announcements.
1.Announcement of Auction Results (ICD311) (for the sale of Islamic certificates of deposit)

The Central Bank approved the auction of ICD311 for the sale of certificates of deposit.
July 10, 2019
The Central Bank of Iraq approved the auction of ICD311 for the sale of Islamic certificates of deposit for a period of (30) days and the amount of (50) billion dinars (50 billion dinars) and the sale of certificates of (23,150) million dinars at a uniform rate of return (1.50%). Number of participants (2) Bank has won the amounts provided.

ISX Update:
For latest update click on link above
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
http://www.dinarguru.com/
7-10-2019   Intel Guru Bruce   [via PinkRoses]   As far as what we are waiting for, it appears everything did get completed. However, this afternoon we were still looking for brand new rates coming up on screens at the bank and the Redemption Centers... and looking for new Forex rates to come up...I am hearing things from a couple of different sources that believe very strongly that tomorrow [Wednesday] is our so-called revalued day... I was told after those new rates come up on those bank screens, the Redemption Center screens, we would be in line to get the toll=free numbers...We shall see where it goes. 

7-9-2019   Intel/Newshound Guru sandyf   ...I read an article today that stated the visit from the UN told Iraq if they didn't follow the sanctions against Iran, they would be put BACK INTO chapter 7 plus sanctions...so they are NOT in chapter 7.  Sanctions/Restrictions against any country, entity or individual can come about under different Chapters of the UN Charter. Chapter 7 provides the authority to deal with violations by force, whereas Chapter 6 requires resolution by peaceful means. If I remember right under Chapter 8 matters are resolved by local agencies. ...matters can start off under one chapter and then be transferred to another as happened with the Kuwait missing persons.
7-9-2019   Newshound/Intel Guru Mnt Goat    ...my advice is relax. Let Sadr run his magic. He is on our side and wants the reinstatement just as bad if not more than us. He is working for reforms within Iraq. Remember his party/coalition won the election in 2018 and he ran on anti-corruption and reform agenda. He seated Mahdi and so the new PM must do what the coalition stands for - REFORMS.  [post 2 of 2]

7-9-2019   Newshound/Intel Guru Mnt Goat   ...why would parliament form a separate finance committee...just to look into the matter of corruption in the CBI and currency auctions and as to why the Financial Management law is not being administered and implemented.  It has been passed for weeks now. Why would they do this if the RV was already scheduled to go?  Another reason why no RV was going to happen - The Department of Economic Studies... held a scientific symposium entitled "Change in the value of the Iraqi currency, benefits and costs"...held on 7/4/2019... Why would they do this if the RV was already scheduled to go?  [post 1 of 2....stay tuned]

7-9-2019   Intel Guru MarkZ   Rumors  from Reno…that west coast time when banks all close tonight the numbers will be released... so we could possibly have news this evening after 9 est.  ...there is a big push to get us the 800 numbers today...They are expecting people to do banking by tomorrow…  [Is there still some news that makes you confident that you are not sharing with us?] Yes… still some news I cannot share.  ...I am still expecting “Christmas in July”.  [What is the status on Redemption Centers...? Are they on high alert...?]   My contacts are at work today and going over new protocals….and I was told if the rate is released later in the week they would be open on Saturday.  No news of a new rate from Iraq yet.

7-9-2019  Newshound Guru Mnt Goat   Many of you still ask me about 800#...You ask if all of this is really going to happen. I have said it before and I am saying it again. There are already 800# published. The banks already have currency exchange centers within the banks and you can call their numbers anytime you wantThere are no other special numbers planned. Get it? How many times must I talk about this? 
But why would you call anyhow now not since the rate is still too low.

7-9-2019   Intel Guru Frank26 
  [via loby777] "we are now at a "close encounter with the RI"!!
7-9-2019 Intel Guru Eagleone2025 [via PDK] I HAVE TALKED TO SOME HIGH SOURCES I AM HEARING VERY GOOD RATES. THE WHOLE THING IS COMING TOGETHER. THINGS ARE MOVING FAST, BANKS ARE LOOKING GOOD...GET READY THIS WEEK IS LOOKING VERY GOOD...



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


*************
ARTICLE 1 (from PM Mahdi's website

The Cabinet holds its ordinary session chaired by the Prime Minister, Adel Abdul Mahdi, July 9, 2019

The Cabinet held its regular session on Tuesday 9 July 2019 under the chairmanship of Prime Minister Adel Abdul Mahdi.

The Council of Ministers approved the recommendations of the Ministerial Council on Energy on the following:
A-Project of the Iraqi-Jordanian crude oil export pipeline.
B) Project for the establishment of an industrial island for the export of crude oil in the Iraqi territorial waters.

The Council of Ministers approved the installation of general managers in state institutions in accordance with the provisions of Article (58) of the Federal Budget Law for the fiscal year 2019.
The request of the Ministry of Construction and Housing included the establishment of a permanent pedestrian bridge in the area of ​​the creations in the schedules of the investment plan of the ministry.

The Council approved the exception of the Ministry of Education from the Cabinet of Ministers' book on economy and allow it to refer the contract of providing educational supplies to the General Company for the production of educational supplies.

The second amendment to the Road Law No. 35 of 2002 was approved again by the Council of Ministers.

The meeting witnessed approval of the theme of improving the business and investment environment.
The Council voted on the draft law on the accession of the Republic of Iraq to the 1997 Protocol amending the 1973 International Convention for the Prevention of Pollution from Ships as amended by its 1978 Protocol.

The Council of Ministers also approved the measures taken on the loan of the Iraqi Bank for Trade for the purpose of completing the financing of the projects of Samawa and Dhi Qar - the simple cycle.

Media Office of the Prime Minister
9 July 2019
*************
ARTICLE 2 (from Government of Iraq twitter account)

  1. PM @AdilAbdAlMahdi: More than 4 million tons of wheat have been delivered to grains silos across Iraq. We will continue to implement policies that support agriculture and Iraqi farmers.
  2. PM @AdilAbdAlMahdi: I send my congratulations to all Iraqis on the inscription of Babylon on @UNESCO’s World Heritage List. This is an important achievement for Iraq and a recognition of Iraq’s immense contribution to human civilization.
  3. PM @AdilAbdAlMahdi: All branches of the Iraqi Armed Forces are taking part in this operation. We will not rest until every last terrorist cell has been eliminated from our country.
  4. PM @AdilAbdAlMahdi: We launched a large scale security operation to hunt down and clear terrorist cells in the desert areas between Salahuddin, Nineveh and Anbar provinces.
  5. PM @AdilAbdAlMahdi holds his weekly press conference in Baghdad, briefs media on Operation #WillOfVictory and other domestic developments.
*************
ARTICLE 3

The Presidency of the Parliament meets to discuss the first amendment to the provincial elections law
2019/7/9 16:03
[Baghdad-where]

Held the Presidency of the Council of Representatives, on Tuesday, a meeting with heads of parliamentary blocs to discuss the first amendment to the law of provincial elections.

A parliamentary source said that "the presidency of the House of Representatives held today, a meeting in the Constitutional Hall with the heads of parliamentary blocs."

The source added that "the meeting comes to discuss the first amendment to the law of provincial elections not organized in the province and districts No. 12 of 2018 for inclusion in the meeting on Thursday."

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

Saadi: corruption of the Ministry of Oil will burn Abdel Mahdi and his government
2019/7/9 22:49

A member of the Parliamentary Integrity Committee MP Kazem Sayadi, on Tuesday, that the corruption of the Ministry of Oil will burn Abdel Mahdi and his government.

"Sayadi said in a televised statement that" Prime Minister Adel Abdul Mahdi, starves the provinces of Iraq and insures the Kurdistan region, referring to the privileges granted by the central government to the region. "

The sources revealed, on Tuesday, the existence of political deals and agreements lined the procrastination of the file of Baghdad's access to oil imports exported across the region and stipulated in the budget law, stressing that the proposal to amend this law has been procrastinated politically motivated.

The sources stressed that "the southern provinces will not stand idly by in front of what is happening in the country of preference for the region by political deals at the expense of other provinces and will continue to pressure in parliament to achieve the right."

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

Abdul Mahdi to Saron and Fatah: either to defend us or move to class opposition
2019/7/9 16:25
[Baghdad-where]

In a surprise move, Iraqi Prime Minister Adel Abdul-Mahdi denounced the approach of other allies and the Fatah they support.

"The method of threatening the government and its president by the formed blocs has a precedent that has not happened in the political world," Abdul-Mahdi said at a cabinet meeting on Tuesday.

"If the Mullaha threatens to question the government and its ministers, what did they leave to the opposition, asking the leader of the coalition and the Sadrist movement, Moqtada al-Sadr and the head of the Fatah alliance Hadi al-Amiri to defend the policies and programs of his government.

The Iraqi prime minister stressed that Sadr and al-Amiri should not be allowed to put a man in the government and a man in opposition. We are in a single boat, either to survive together or to sink together.

And threatened the MP of the coalition of Jawad al-Moussawi, to withhold confidence from Prime Minister Adel Abdul-Mahdi in the event of non-adherence to deadlines to end the assignment of all special grades and the holding of local elections.

Mousavi said in a statement that "any postponement of the dates agreed within the corridors of the House of Representatives or the instructions of the federal budget of the state to end the mandate of all special grades acting by proxy by the end of the period specified or the subject of postponement of the date of municipal elections to the next year is to renounce the promises that And the betrayal of the trust on the basis of which you were elected prime minister. "

Moussawi added that "he will discuss the process of no-confidence on your government in the case of disavowal and left these promises."

For his part, the MP of the Fatah alliance, Mokhtar al-Moussawi, Tuesday 9 July 2019, that his coalition will question four ministers from the government of Prime Minister Adel Abdul Mahdi.

Moussawi said in a press statement that "the Fatah alliance promised to question the Minister of Foreign Affairs and Minister of Oil and Minister of Industry and Minerals and Minister of Communications for suspicions of corruption turned around."

"After the completion of the budget law and the election law, we will set a date for questioning ministers of industry, foreign affairs, oil and telecommunications," Moussawi said

*************
ARTICLE 6

Abadi in the anniversary of the liberation of Mosul: We must not allow terrorism to settle again
10/07/2019
President of the victory coalition Haider al-Abadi on Wednesday issued a statement on the anniversary of the liberation of Mosul, stressing the need to maintain victory.
Abadi said in the text of the statement:
"Dear Iraqi people:
The memory of the tenth of July 2017, the anniversary of the great victory day of the liberation of Mosul al-Hadba from the abomination of the evils, the enemies of God, humanity and peace.
As we salute the championships of this people and the sacrifices of their heroes, we emphasize on this occasion:
1 - The battles of liberation we fought against terrorism were existential battles for the nation and the state, and we have won the battle to restore the state and the unity of the people from the mouth of terrorism and the overthrow, and aborted the option of toppling Iraq.
2 - The battles of liberation were not only gun battles, but were in depth wars of effective management of the state economy and intelligence and balances of international regional policies, and we have demonstrated the ability of the administration and the will of Iraq to win comprehensive wars complex.
3 - Victory on the call to drop the option of terrorism and brutality that the region and the world, and the region and the world to raise the hat for Iraq and its people and fighters, and pay the debt to him.
4 - The victory over terrorism was an Iraqi, and it is unfair selling victory to the foreigner whatever. We have supported the world and offered it to him with gratitude, but we have affirmed and affirmed that blood and victory were a distinctly Iraqi, and that the support of the world for us was in defense of their countries and interests.
5. With our victory over terrorism, we have embarked on a unified state, a cohesive people, a better economy and a prosperous rule. We have won the world's trust in us as a state and a political administration capable of winning the big stakes despite enormous difficulties and obstacles.
We have dropped the options of terrorism, sectarianism, fragmentation and chaos, and today we must apply the same governance and will to deal with the state and its files to ensure the accumulation of achievements and the integration of the state.
We must not allow terrorism to settle again, and we must stand together for the reconstruction, the return of displaced people, the reconstruction of cities, the promotion of coexistence and the achievement of justice. We must unite and stand against sectarianism, the chaos of arms, the disintegration of groups and the will of the foreigner.
"The winning of the state's bet, unity, sovereignty and well-being depends on national unity, effective governance and efficient administration of the state, and quotas, sectarianism, chaos and the will of the foreigner are the shortest ways to state failure.

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