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{Baghdad: Al-Furat News} Student Qubad Talabani, deputy head of the Kurdistan Regional Government, the Baghdad government necessarily to speed up the treatment of outstanding problems, especially the oil and budget files.
This came during a meeting in Erbil on Tuesday, the Special Representative of the Secretary-General of the United Nations in Iraq, Jinin Hines Blaschart. According to the provincial government statement, Qubad Talabani, during the meeting, highlighted the outstanding problems between the Kurdistan region and Baghdad, stressing the need to speed up the treatment of these outstanding problems, especially with regard to the oil and budget. On the situation in Kirkuk, Talabani stressed "the normalization of the situation in the province of Kirkuk, and the continuation of the implementation of Article 140 constitutional, and work all parties to promote coexistence and harmony." Talabani said "the vision of the nation's leader, Mam Jalal, on how to deal with the file of Kirkuk and described the difficult surgical operation, which must work with precision and promote the spirit of tolerance and harmony in the city." He stressed "the need for the continuation of the next government in the reform project, especially the reorganization of the banking system in the Kurdistan region and the continuing reform in the Ministry of Peshmerga."
Al-Mayahi reveals the allocation of more than 25 billion dinars for the construction and maintenance of roads in Wasit
{Wasit: Euphrates News} Wasit Governor Mohammed Jamil al-Mayahi revealed the allocation of more than 25 billion for the construction and maintenance of major roads in the province.
"We presented another service plan to the Wasit Governorate Council and voted for it," Al-Mayahi said in a statement. "We have focused on it to develop roads in response to the appeals of the people and their repeated complaints about the roads. And maintenance and maintenance in public and rural roads through the Department of Roads and Bridges, and the establishment of an integrated effort to the road department includes an advanced asphalt plant and specialized mechanisms and operational budget. He added that "this configuration is capable of immediate maintenance of roads and any place in the province, and the allocation of 4 billion to rehabilitate the road, [Kut_Baghdad] is initiated in the coming weeks after the approval of the Ministry of Planning." "We devoted the greatest revenue from the border port to develop, rehabilitate and cover many main roads, sub-roads, village roads and rural areas.
Zobaie: Speaker of Parliament hears and does not implement and the opposition will turn into a front with 150 members (expanded)
"The Speaker of the House of Representatives does not distinguish between the two legislative powers and is not implemented, while the opposition is likely to turn into a front with 150 members.
"The Speaker of the House of Representatives Mohamed Halbousi does not distinguish between the legislative and executive authorities and the overlap between the two authorities caused a great deal of deputies," Zobaie told the program of "forbidden from the show". "The parliament is supposed to be keen to protect the government from the legal imbalance; be Halbousi heard and not implemented and the deputies hear what the president and the executors say." "The shadow of the Opposition's shadow governments is in place in all the democracies of the world," Zobaie said, adding that "the opposition bloc will have a 150-member front." He pointed out that "the opposition will build the course of the government and hold the ministers accountable, and assumes that Prime Minister Adel Abdul-Mahdi take action against the issues that the opposition defends." On the procedures of the inventory of weapons by the state, said Zobaie, "Abdul Mahdi will not complete the file of the inventory of weapons on time; because most of the political blocs will be affected by the inventory of weapons." Noting that "some blocs welcome the phenomenon and opposes the subcontractors because most of them have arms." He said that "Abdul Mahdi is affected by the pressures and will pass the specified month will not complete the file inventory of weapons, and will be the same as other files that were extended to end the grades of the agency," adding that "the decision to limit the weapon impact on former Prime Minister Haider Abadi and affect Abdul Mahdi." Zobaie added, "We do not know as deputies to the procedures of inventorying weapons so far, and will succeed only to abandon the political blocs of their armed factions," pointing out that "the political will is absent from the limitation of arms by the state." "The economic offices are working in the ministries in the shade, and the direct implementation of projects in the provinces gave the powers of corruption to the conservatives, and Abdul-Mahdi knows accurately that the directors of the ministries of ministers are running most of them are stronger than the Minister himself," noting that "the State did not support the inspectors and the General Council, "He said. "The issuance of new arrest warrants against ministers and officials currently in Iraq on corruption charges, and we will file files to the Council of Corruption, some of them, including 2006 related to the electricity file." "The list of agents and advisers issued by Abdul-Mahdi did not vote for it does not belong to the influential parties," noting that "the competent figures absent because they were not supported by the political blocs." Zobaie said that "some of the heads of parliamentary committees are not fit for parliamentary use and came through blackmail and bribery and they talk about paying large sums of money to buy the presidency of the committees in public in the cafeteria of parliament." He added that "the Integrity Committee did not submit a single file during the period of assuming responsibility. There is a personal dispute between the Chairman of the Committee and Salman Jumaili, and it is not supposed to raise the file Jumaili before being prevented from traveling." "The semi-annual government report is unrealistic. The citizen is looking for achievements on the ground and not on paper," concluded Zobaie.
Parliamentary security attributed the delayed return of the dismissed and the broken contracts to this reason
BAGHDAD / A member of the parliamentary security and defense committee, Nayef al-Shammari, said Tuesday that the commander-in-chief of the armed forces, Adel Abdul-Mahdi, did not take a single step in the file of the return of those who have been separated and their contracts have been delayed, indicating that the parliament voted on the decision and held meetings.
Al-Shammari told "Iraq News" that "the file of the retired contracts and separated since the previous government, when the parliament voted to provide 50 thousand degrees of functional and did not abide by the previous government, and at the current session voted to return them and we met with the relevant parties of defense, And they did not. "
He added that "this file of the power of the executive authority, but the commander-in-chief of the armed forces has not yet made a single step in it has not been reinstated and retired contracts, indicating, although the resolution voted by Parliament and binding for implementation, but the executive did not abide by it." d
The governor of Baghdad is directing the application of the law to the right of the transgressors over state property
(Baghdad: al-Furat News) The governor of Baghdad, Falah al-Jazairi, on Tuesday, the activation of a law against the excesses of state property.
A statement issued by the provincial council received a copy of it, "The Algerian during a meeting with the heads of administrative units, districts and districts in the building of the province of Baghdad, stressed the need to make efforts to provide services to citizens and the activation of legal accountability against those who infringe the state property without any exception And away from any affiliation. " He added that "the importance of working to activate the municipal side and overcome the obstacles facing the administrative units, in order to provide the best services to the citizen Baghdadi, within the campaign service Baghdad is our honor." "The obstacles facing the work of the districts in the districts and sub-regions, most importantly land overruns, problems of generators and financial allocations and lack of staff and the ongoing interruption in electricity and clean-up campaigns," he stressed, "The commitment of the local government commitment to address these obstacles through coordination with the federal government and relevant ministries ".
Oil prices expected to rise after extension of production cut
A leading oil expert predicts that oil markets will witness an increase in prices during the second half of 2019, driven by the decision of OPEC and independent producers to extend the agreement to reduce production until next March, and other factors. The Organization of Petroleum Exporting Countries (OPEC) and independent producers led by Russia have agreed to extend the oil production reduction agreement for nine months to come. This is the same period agreed between Saudi Arabia and Russia to extend the 1.2 million barrels per day (bpd) production cut to curb global stocks and rebalance the oil markets, which have been under considerable pressure over the past period as trade tensions escalate and fears of slower world economic growth rise. The pace of American production. "The continuation of the agreement to reduce production is important in several respects, the most important of which is preventing high stocks and preventing prices from falling," said oil expert Anas Hajji. "Prices are expected to increase during the summer due to increased demand for oil with lower production," he said. "The amount of oil now in the sea is less than before, with a clear increase in US exports to other countries, . The economist pointed out that global demand for oil is increasing in the second half of the year, which is the main factor affecting prices. He also referred to other factors, including "the technical problems experienced by US refineries that led to delays in operations, the burning of the Philadelphia refinery and problems in California refineries, which means dependence on Gulf of Mexico refineries which have a significant increase in inventories" . These circumstances lead to the release of quantities of major stocks in the Gulf of Mexico, which will contribute to market stability.
Kauaihn Iraq Articles:dd
Sistani the only person can dissolve IMIS, not Abd al-Mahdi: Hassan al-Ka’abi
Ali al-Sistani is the inly person capable of dissolving the Iran-backed militias inIraqand Syria, dubbed asal-Hashd al-Sha’abi(Popular Mobilization) inIraq- said head of Badr parliamentary block,Hassan al-Ka’abion Tuesday.
Ka’abi comments followed the decision of Prime Minister Adil Abd al-Mahdi to annexIMISmilitants to the security institute, saying it is useless.
“IMIS consists of armed faction and maintaining it through military and ideological training is a must, to remain a strong power,” al-Ka’abi said, adding thatIMISis an integral part of the resistance project which is under the control of Tehran and Najaf.
He added that the reason of forming the militia still exists, and ending its mission will not happen unless the Shiite Marja, led by Sistani, ordered its dissolving, not any body else, according to Ka’abi.
Abd al-Mahdi issued on Monday a decree heavily curbing the powers of IMIS, forcing them to further integrate into the country's formal armed forces. The groups have a lot of influence in Iraqi politics.
Abd al-Mahdi's decree integrates paramilitary units into the military and forces groups to pick between political or military activity. Groups have until July 31 to abide by the new regulations, the decree said.
Following the announcement, the influential Shiite cleric Muqtada Al-Sadr announced on Monday the dissolution of his armed wing — Saraya Al-Salam — and ordered the closure of its headquarters, cancellation of its names and its re-association with the Iraqi official security establishment.
What was issued by the prime minister relating the Shia militias is an important decision and a correct step towards building a strong state, Al-Sadr said in a statement. “What I care about is that Saraya Al-Salam — which I established — would be the first one to apply this decision, hence, I announce that I completely disassociate myself from it,” he added.
IMF board names US David Lipton as interim leader, replacing Lagarde
American economistDavid Liptonwill serve as interim leader of the International Monetary Fund, replacingChristine Lagardewho was nominated to head the European Central Bank, theIMFboard announced Tuesday. "We accept Ms. Lagarde's decision to relinquish herIMFresponsibilities temporarily during the nomination period," the board said. "We have full confidence in First Deputy Managing DirectorDavid Liptonas Acting Managing Director of the IMF."
Parliamentary call for an emergency session in Basra
Baghdad - Mawazine News MP for the province of Basra, a member of the Sadikoun parliamentary bloc, Uday Awad, on Wednesday, the House of Representatives to convene an emergency meeting in Basra to issue fair decisions for the province of oil-rich federal government. "The people of Basra province suffer greatly from the lack of all services and even the initial ones," Awad said in a statement. "The people of Basra have suffered a lot over the past years from the lack of services and appointments. The death of its children as a result of lack of services. " He added that "the province of Basra has reached a stage can not be silent due to the lack of electricity and accumulations of past years of failure and default," calling on all service directorates in the province and the local and federal governments to "take responsibility for the direction of their children and address their mistakes quickly." He called on the federal government to "relief the people of Basra urgently and not only slogans," calling on the House of Representatives to "hold an emergency meeting in the province of Basra to take quick decisions to save the province and its people." He pointed out that "the start of the demonstrations in the province of Basra threatens to spark can not be extinguished and may ignite the whole of Iraq," warning the government and the House of Representatives "to ignore the demands of demonstrators, which may lead to burning green and land."
The document .. Halbusi calls for Abdul-Mahdi to stop investment around the airport
(Baghdad: Al-Furat News) Speaker of the House of Representatives Mohamed Halbousi, called on Prime Minister Adel Abdul-Mahdi to stop the procedures for granting land surrounding Baghdad International Airport.
According to the document issued by Al Halbusi, the agency {Euphrates News} got a copy of it today "reference Article (61 / second) of the Constitution and based on what is stated in the letter of the Committee on Economy and Investment No. 217 on 2/7/2019, which includes the suspension of all procedures for grants The lands surrounding the Baghdad Airport for Investment pursuant to the Council of Ministers' Resolution No. 175 of 2019, adopted at the 19th Ordinary Cabinet meeting held on 14/5/2019. The document addressed to Abdul Mahdi said that "in view of the complaints of the existence of legal irregularities and the destruction of public funds, you prefer to suspend the contractual procedures and delay the implementation of the decision of your Council above and send all the priorities for the purpose of conducting a parliamentary investigation and hosting of the appointees from the relevant authorities. The Council of Ministers approved in its 19th ordinary session held on 14/5/2019 to grant the lands surrounding the Baghdad Airport for Investment pursuant to Resolution No. 175 of 2019. The plan for the development and rehabilitation of the land surrounding the airport includes the establishment of commercial, economic, educational, research and medical services. To the centers of recreation and sports in accordance with the international standards, as well as the establishment of {5} thousand housing units are owned by the Iraqi citizen, which contributes to economic development to the country through the value of land and the return of facilities to the state after the end of the investment period in addition toProviding a variety of employment opportunities for the residents of these areas and surrounding areas. The Council of Ministers approved the allocation of 4 thousand acres to Daiku International Company. The remainder of the 12,000 dunums will be invested by Iraqi companies and businessmen qualified to carry out such projects. "The government's decision to invest the land surrounding Baghdad airport is ill-considered and contains serious corruption suspicions and the developed company is incompetent and does not have a financial solvency and does not have similar work that is reassuring," MP Mohammad Iqbal said in a tweet on his official Twitter page. "He called on the government to" Not to rush behind decisions that affect the future of the country and hit a broad spectrum of citizens.
Part of Federal Police Withdraws from Kirkuk: Report
The Federal Police has begun to withdraw part of its forces from the disputed Kurdish province of Kirkuk, a report said on Tuesday.
Kurdistan 24 cited its correspondent as saying that the Brigade 5 from the federal police has started to withdraw from the southern parts of Kirkuk, and it will be replaced by Brigade 15 from the Iraqi army.
The report added that the federal police is expected to fully withdraw from Kirkuk in the upcoming days.
The national army will replace all the units current filled by the federal police.
Al-Bekhati: 6,000 employees held in the Ministry of Resources have not been paid since 2014
(Baghdad: Al-Furat News) A member of the Parliamentary Services Committee Jassim Al-Bekhati met Tuesday with the protest workers of the Ministry of Water Resources.
"In response to the appeals received by the contract workers from the Ministry of Water Resources, we visited them today and met with them," al-Bekhati said in a statement. "We listened to their real demands in order to deliver them to the Prime Minister to redress them and alleviate their suffering," he said, adding that "the owners of the contracts of the service continued amounted to approximately {6000} employee and exceeded the service of some of them {10} years and have not been paid money since 2014 "
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10 Things to Know for Today Among 10 Things to Know for Today: US Border Patrol head condemns agents' offensive Facebook posts; China backs Hong Kong chief, slams protesters for violence; Trump to have tanks for4th of Julycelebration
Gold prices set for sharpest daily drop in about a year after China-U.S. trade cease-fire Gold prices on Monday head for the sharpest fall in more than a year to kick of the week and month after a weekend Sino-American trade accord sparked a rally in assets perceived as risky and away from so-called havens like bullion.
Gold prices set for sharpest daily drop in about a year after China-U.S. trade cease-fire Gold prices on Monday head for the sharpest fall in more than a year to kick of the week and month after a weekend Sino-American trade accord sparked a rally in assets perceived as risky and away from so-called havens like bullion.
Gold Prices Rebound, Still Below $1,400 Amid Trade Truce Between U.S., China Commodities Jul 02, 2019 04:15 GMTInvesting.com- Prices of the safe-haven gold rebounded on Tuesday in Asia after falling below the $1,400 level as a trade truce between the U.S. and China boosted risk appetite. The U.S. and China agreed to restart trade talks after U.S. President Donald Trump pledged to hold off on the implementation of new tariffs and also ease restrictions on tech company Huawei in order to reduce tensions with Beijing. China meanwhile agreed to make unspecified new
Base Metals And Industrial Commodities- Second Quarter 2019 Review And Outlook For Q3 2019 Base metals fall 8.14% in Q2 erasing most of the gains from Q1- The sector is just 1.69% higher over the first six months of 2019.An escalation of the trade dispute between the US and China weighed on the prices of LME metals in Q2.Zinc was the best performer in Q1 and was the worst in Q2 with an over 14% decline.Nickel was the best-performer with an only 3.13% decline.The Baltic Dry Index moves higher on seasonal factors while iron ore gains on supply concerns from Brazil.
Global Oil Prices Surge, US Crude Past $60, as Saudi Arabia Pushes For OPEC Cuts Global oil prices surged again Monday, taking U.S. crude past $60 a barrel, as both Saudi Arabia and Russia said they would support an OPEC agreement that would extend the cartel's production cuts well into the second half of the year. Global oil prices surged again Monday, taking U.S. crude past $60 a barrel, as both Saudi Arabia and Russia said they would support an OPEC agreement that would extend the cartel's production cuts well into the second half of the year. The world's second and third
Oil Prices Fall Despite OPEC Production Cut Agreement Commodities Jul 02, 2019 03:25 GMTInvesting.com- Oil prices fell on Tuesday in Asia even after the Organization of the Petroleum Exporting Countries(OPEC) agreed to extend production cuts by nine months. The deal is subject to approval from non-OPEC allies, such as Russia, at a meeting later in the day. Earlier in the day, Iranian Oil Minister Bijan Zanganeh told reporters he had “no problem” with supporting oil supply cuts by nine months. Despite the announcement, U.S. Crude Oil WTI Futures
Crude Oil Settles Higher on U.S-China Trade Truce, Reports of Oil-Cut Extension Forex Jul 01, 2019 19:16 GMTInvesting.com- Crude futures settled higher on Monday as OPEC and its allies reportedly agreed to extend production cuts, while a U.S-China trade truce also lifted sentiment. On the New York Mercantile Exchange crude futures rose 1.1% to settle at $59.09 a barrel, while on London's Intercontinental Exchange, Brent added 0.45% at $65.03 a barrel. Russia agreed with Saudi Arabia to extend the current output-cut agreement by six to nine months, Russian President
BIS will support central banks that issue their own digital currencies - The Block The Bank for International Settlements (BIS) will support central banks trying to issue their own digital assets, The Financial Times writes, in a notable U-turn for the bank, which has previously shunned cryptocurrencies. According to the FT, central bank digital currencies (CBDC) could give the public direct access to central bank money, which previously has only been available to private sector lenders. “Many central banks are working on it; we are working on [] supporting them,” BIS general
The Best Bank for You, 2019 We’ve identified the banks and credit unions that offer the best combination of high rates, low fees and a customer-friendly focus.
Banking on smartphones will overtake branches within two years At present, 65 per cent of us visit bricks-and-mortar banks in the UK. But technology consultants forecast that by 2021 this will have fallen so far that banking apps take the lead.
Australian banks oppose regulator’s credit checks reform plan SYDNEY (Reuters) – Australia’s Big Four lenders are pushing back on the regulator’s plan to require banks make detailed credit checks on borrowers to estimate loan affordability instead of relying on indices, with the No.2 lender saying such checks are not feasible. Financial regulators are reviewing the country’s responsible lending rules in the aftermath of...
JP Morgan predicts US-China truce will keep investors upbeat for a few months Jing Ulrich of J.P. Morgan Chase says agreement between the U.S. and China to hold off on more tariffs has temporarily removed one uncertainty facing the global economy.
Treasury yields tick higher after China-U.S. trade truce Treasury yields rise on early Monday trading after the G-20 meeting between President Donald Trump and Chinese leader Xi Jinping led to a temporary cessation of trade hostilities between the two sides.
Focus On The Longer Market Cycles A "20% correction" is just that, and a market that makes a new high in the next 3, 6 or 12 months was not a reason to sell and generate sizable capital gains for taxable accounts.Corrections are corrections: bear markets or rather secular bear markets are really a permanent impairment of capital, usually for many years.My own opinion is that the S&P 500 is still in the midst of a secular bull market, that could last a few more years.
Axios Markets: Resurrection of free trade — Green bond boom — The llama market Was this email forwarded to you? Sign up here. Situational awareness: The S&P 500 has risen 17% for the year, its best first-half performance since 1997, and the yield on the 10-year U.S. Treasury closed the quarter at 2%, nearly a half-percentage-point drop from the end of Q1. (WSJ)
The Dow Is Soaring Because a Trade Truce Is Better Than a Trade War A trade-war cease-fire was certainly better than the alternative, and the end of the Huawei ban has given a boost to tech stocks. We may find out how much damage was done to the U.S. economy when the ISM manufacturing index is released laterMonday morning.
Top 5 Things to Know in the Market on Tuesday Economy Jul 02, 2019 09:35 GMTInvesting.com- Here are the top five things you need to know in financial markets on Tuesday, July 2: 1. U.S. stocks simmer at record highs After the S&P 500 closed at record highs a day earlier thanks to the agreement to restart U.S.-China trade talks, buying enthusiasm ran out of steam on Tuesday with U.S. futures pointing to a slightly lower open. U.S. futures pointed to a triple-digit gain in the Dow at the open, adding to a rally in June that was its best
Bitcoin Price Hits $76,000 on Zimbabwe LocalBitcoins Bitcoin is trading at an eye-watering 600% premium in Zimbabwe, as the country’s oppressive monetary policy drives local investors towards the decentralized ‘safe haven’ cryptocurrency. BTC Price Hits $75,000 On LocalBitcoins As various media outlets reported in recent days, a full ban on foreign currency in Zimbabwe has triggered a giant premium for Bitcoin, which currently sells for up to $75,000. At press time, BTC/USD hovered around $11,000, meaning the premium reaches a huge 580 percent.
Bitcoin Price Unfazed By US-China Trade War Hiatus, Says Tom Lee The Bitcoin price is less likely to go lower due to external factors in its current bull run, one of the crypto industry’s best-known analysts has said. BTC Price ‘OK With Developments’ Discussing the impact of changes in areas such as the US-China trade war, Tom Lee of Fundstrat Global Advisors noted that Bitcoin was moving for other reasons. While the largest cryptocurrency had jumped as tensions between the two nations rose, a surprise truce last week failed to undo any of the gains. “Easing
Bitfinex shorts worth $200 million claimed by whales; balance between longs and shorts on knife's edge Bitcoin's rally seems to have cooled off as the price of Bitcoin fell consistently over the past few days. The Bitcoin community on June 30 saw a massive whale claiming more than 20,000 BTC shorts, causing the 'BTC/USD Shorts' chart to bleed red. The $200 million worth of shorts was recorded after massive amounts of...
Bitcoin closes June on a high, despite struggling to shrug off the bear Bitcoin has had a tumultuous week, with the cryptocurrency fluctuating between bullish highs and bearish lows. The cryptocurrency opened the previous week comfortably above the $12,000 mark. However, at press time, the world’s largest digital asset was struggling to stay above the $11,000 mark after an eight percent drop. Despite the fall in value, many...
Bitcoin Charts Hint At Price Pullback to Below $10K With technical charts flashing signs of buyer exhaustion, bitcoin risks falling to levels below $10,000 this week.
BIS Chief: Central Banks May Issue Digital Currencies 'Sooner Than We Think' The chief of the Bank for International Settlements has acknowledged that central banks will likely soon need to issue their own digital currencies.
Bitcoin a Better Bet Than Bolivars as Venezuelan Hyperinflation Escalates Bitcoin can be many things depending on the situation. For many it is a store of value, for some, it is a trading vehicle, but for Venezuelans, BTC is the most reliable hedge against the rampant hyperinflation the Latin nation is suffering. New Bank Notes Fresh Off The Press The inflation has reached such epic proportions that the Banco Central de Venezuela has printed more new notes with a lot fewer zeroes on them. According to an official statement last week the government has printed new
Opinion: Realigning U.S. monetary policy for a truly global currency The Federal Reserve’s principal tools — adjusting short-term interest rates and quantitative easing —are radically out of sync with a global economy that relies on the dollar, writes Peter Morici.
Currency wars: Trump and Warren push hard for weaker dollar What kind of American leader would want less bang for the buck? More and more, it turns out. The idea of driving down the value of the United States dollar appeals increasingly to politicians and policymakers - both on the protectionist right and on the populist left. US Senator Elizabeth Warren of Massachusetts - a Democratic candidate for the US presidency - has proposed "managing our currency" to promote exports and kick-start domestic manufacturing. A cheaper greenback could boost US exports
Woman killed by flesh-eating bacteria contracted on Florida beach A stumble on a Florida beach led a woman to contract a flesh-eating bacteria that killed her weeks later, now her family wants others to know the warning signs
Woman killed by flesh-eating bacteriaThe family of a Florida woman who died after being infected by a flesh-eating bacteria at the beach is sounding the alarm. Lynn Fleming died late last week at the age of 77 after walking along a popular Gulf of Mexico beach near her home and contracting necrotizing fasciitis, a rare but deadly bacterial infection that kills the body's soft tissue. Jericka Duncan reports.
Abuse, neglect, filth, death: 11 Tennessee nursing homes provide persistently poor careTennessee's 11 most poorly performing nursing homes were listed on a Senate Special Committee on Aging released a report.
Should kids play in dirt and puddles? Gut health improves, research suggests, but allergy link not clearWhen a Hong Kong mum received “death stares” after she let her toddler splash in fresh rain puddles, she took to Facebook to better understand why she had been publicly shamed. Her post explained how her daughter’s joyful laughs had triggered horrified…
Sugar substitutes: Is one better or worse for diabetes? For weight loss? An expert explainsThere is a huge variety of sugar substitutes available. What's the difference? Is one better for controlling blood sugar levels for diabetes? Is one better for individuals trying to lose weight?
Can a Single Pill Keep You Healthy to 100?A network of government-funded labs has spent the past 15 years searching for a drug that can slow down aging. The results have researchers excited.
Fed Looking For An Ounce Of Prevention With Rate Cuts The Fed signaled a very high probability of cuts later this year.Historically, the Fed has waited for clear evidence that the economy was struggling before cutting rates. By moving earlier this time, it hopes to avoid a rerun.What has prompted the Fed to change its playbook this cycle? It's the scar tissue from the last cycle.
The economic expansion is now the longest on record This month marks the longest period of time the U.S. economy has gone without a recession, just edging past the economic cycle that ended when the dot com bubble burst.
As U.S. expansion notches record, recovery may have only just begun A now record-setting run of U.S. economic growth enters its 121st month on Monday, sustained by a decade of low interest rates and massive Federal Reserve intervention that helped put 22 million people back to work.
Watch for these housing and mortgage trends in the second half of 2019 The first half of 2019 surprised housing markets across the country. Here’s what to expect going forward.
Asian Stocks Mixed; Trump Says New Round of Sino-U.S. Trade Talk Has Begun Stock Markets Jul 02, 2019 02:36 GMTInvesting.com- Asian stocks were mixed in morning trade on Tuesday. Chinese stocks fell even after a trade truce with the U.S. China’s Shanghai Composite was down 0.2% by10:30 PM ET(02:30 GMT), while the Shenzhen Component was little changed. U.S. President Donald Trump said that he would hold off slapping an additional $300 billion in tariffs on Chinese goods as the two countries resumed trade negotiations. “It has already begun. They are speaking very
The Pivot Favoring Emerging Markets While uncharacteristically stingy central banks may have harmed risky assets last year, 2019 is shaping up to be yet another year of liquidity-driven gains.Buying emerging markets at a time of decelerating global growth and lingering trade frictions seems ill-timed.However, when financial conditions ease, emerging markets typically get a bigger boost than developed ones.
Crude Oil Trade: Mexico Exporting Less To The U.S., But For How Long?Mexican crude oil production has been under severe pressure, with volumes down so far this year.State oil firm Pemex recently announced that the company's production averaged 1.68 million b/d in June, slightly higher than production of 1.66 million b/d reported in May.Mexico's role in supplying more to the US to cover lost Venezuelan barrels is expected to last, with flows set to return to normal levels from next month onwards.
A Mexican city was covered in ice after a freakish summer hailstormGuadalajara had been enjoying a sweaty summer for the past few weeks until the weekend brought a shocking surprise.
The Pivot Favoring Emerging MarketsWhile uncharacteristically stingy central banks may have harmed risky assets last year, 2019 is shaping up to be yet another year of liquidity-driven gains.Buying emerging markets at a time of decelerating global growth and lingering trade frictions seems ill-timed.However, when financial conditions ease, emerging markets typically get a bigger boost than developed ones.
Iran warns 'unilateralism' between Saudi Arabia and Russia could lead to the death of OPEC OPEC is set to debate an extension of oil production cuts when it meets on Monday, before getting the deal endorsed by non-members.
Iran exceeds uranium caps set by nuclear deal, Fars News Agency reports Iran's enriched low-grade uranium stockpiles have exceeded the 300 kilogram limit set by the 2015 nuclear deal, marking Tehran's first major breach of the landmark accord since US President Donald Trump withdrew from the agreement in 2018.
The Latest: China says US is driving tensions with Iran China expresses regret over Iran's move to breach nuclear deal, but says Washington's pressure campaign is the root cause of tensions
Crisis in Middle East a bigger story for oil, RBC says Watch out for the next statements from the Iranian oil minister, says Helima Croft, managing director and global head of commodity strategy, global research at RBC.
US duty free magnates fund network for Israeli settlements For years, wealthy US donors have pumped hundreds of millions of dollars into Israeli West Bank settlements
U.S. officials participate in inauguration of East Jerusalem tunnel led by Jewish settler group Together with Israeli officials, U.S. Ambassador to Israel David Friedman, senior White house officials and Sen. Lindsey Graham (R-S.C.) took part Sunday in the opening of a tunnel that runs under the Palestinian village of Silwan in East Jerusalem to the Old City, very close to the Temple Mount.
Object which hit north Cyprus appears to have been missile, says FM An object which hit northern Cyprus overnight appears to have been a Russian-made missile, Turkish Cypriot foreign minister Kudret Ozersay said on Monday.
Zimbabwe: Multi-Currency Ban, Sangomas Feel the PinchGovernment's decision to adopt a mono-currency system last week after a decade of a multi-currency system dominated by the US$ has affected most people including traditional healers. A snap survey carried out byNewZimbabwe.comhowever also showed that some people were happy with the drastic move. One Leonard Gwarimbo, a traditional healer based in Epworth township, Harare said the introduction of Statutory Instrument (SI) 142 of 2019 had adversely affected his business. "My clients are both
Zimbabwe finmin says individuals can withdraw U.S. cash after ending dollarisationHARARE (Reuters) – Individuals will be allowed to withdraw cash U.S. dollars from foreign currency accounts but companies will be limited, Zimbabwe’s Finance Minister Mthuli Ncube told lawmakers in parliament on Monday. Zimbabwe made its interim currency, the RTGS dollar introduced in February, the country’s sole legal tender last Monday, ending a decade of dollarisation...
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Zimbabwe: Power Crisis - Zimbabweans Resort to Firewood, Plastic, Gas UnaffordableWith a 15 to 19 hour load shedding schedule underway, massive hikes in prices of firewood and acute shortages on gas, some Zimbabweans have resorted to burning plastic to cook meals. Barely a week ago, Energy Minister, Fortune Chasi promised Zimbabweans relief after government claimed it had paid US$10 million to South Africa's power utility Eskom, triggering fresh discussion for a possible 400MW electricity relief supply. Zimbabwe's Zesa owes Eskom US$83 million, something that has been used by
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Africa’s defiant economic growth despite global slowdownAfrica defied global economic slowdown becoming the fastest growing region Africa’s output grew by 3.4 per cent between 2017 and 2018 despite the slowdown in global growth during that period. A new report by the African Export-Import Bank (Afreximbank) shows that Africa’s total merchandise trade in 2018 had a value of over USD997.9 billion. On the...
China appears to be the winner in the trade war, strategist says Francesco Filia, CEO and CIO of Fasanara Capital, discusses the U.S. and China's agreement to renew trade talks.
China central bank says will play active role in responding to trade frictions China's central bank said on Monday it will play a "proactive role" in responding to trade frictions with the United States.
Turkey, China seek to expand economic ties despite political differences | DW | 01.07.2019 Turkish President Recep Tayyip Erdogan arrives in Beijing on July 2 to meet his Chinese counterpart Xi Jinping, as the two countries seek to build on budding economic and political ties at a time both are experiencing a low point in their relations with the United States. Turkey is increasing estranged from the United States and Western allies over differences on Syria, Ankara's planned purchase of Russia's S-400 missile system and democratic backsliding following the failed coup attempt in June
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European Commission President Jean-Claude Juncker is saving free trade As the U.S. has abandoned its role as a champion of global free trade, European Commission President Jean-Claude Juncker has quietly been cutting deals around the globe, bolstering free trade pacts and international cooperation many feared (or hoped) were dying in the age of Trump.
EU leaders continue the selection process for top jobs The impasse underlines broader decision-making problems facing the EU. CNBC's Silvia Amaro reports.
European traders banned from trading Swiss blue chips as EU talks break down European traders are banned from trading stock in hundreds of Swiss companiesfrom Mondayfollowing a breakdown of treaty talks between Switzerland and the European Union.
The CBI for Wednesday 7/3/19 did update on the indicative rates Sell Rate 1190
The currency auction is 195,678,578
There is one news and announcements.
1.The Corporate Registration Department approves the establishment of the Iraqi Deposit Guarantee Company Proceeding from the duties of the Central Bank of Iraq provided for in its law and with the aim of annexation. July 03, 2019In accordance with the duties of the Central Bank of Iraq provided for in its law and in order to ensure the stability of the banking sector and increase confidence in it, this bank announces the approval of the company registration department in the Ministry of Commerce to establish the Iraqi Deposit Insurance Company / mixed contribution according to the provisions of Article 19 of the Companies Law No. 21 of 1997 .
The Iraqi Deposit Guarantee Company was established with the participation of 42 banks, including 6 government banks, 21 private Iraqi banks, 15 Arab and foreign banks, the National Insurance Company and the State Pension Fund, with a capital of KD 100 billion. Deposit insurance companies have been found to support efforts to stabilize the financial and banking system.
Central Bank of Iraq information Office 3 July 2019
Rafidain announces the distribution of salaries of retired civilian and military for the month of July
(Baghdad: Al-Furat News) Rafidain Bank announced on Wednesday the distribution of the salaries of retired civil and military for the month of July.
The bank's information office said in a statement received {Euphrates News} a copy of it that "the salaries of retired civil and military for the month of July through electronic payment tools." "Civil and military retirees can receive their monthly salaries from wherever they are," he said
7-3-2019 Newshound Guru EHankins Frank26 quote: "IMO ... MAYBE ON THE 4TH ... T [Trunp ?]MAY IGNITE OUR CURRENCY AS WELL" IMO... this possibility does not surprise me at all...
7-2-2019 Intel Guru footforwardEverything is lining up for exactly what I expected when it's RV time. I've said for years it would be absolute chaos. Wars. Looking like the end of time.This is going to happen...
7-2-2019 Newshound Guru Whitelions ...they DO NOT NEED TO BE OUT OF IT [Article 8] TO GAIN VALUE IN THE DINARdid I say that loud enough...if they did they would not have done all the stuff they have done so far they would have taken care of that already...
7-2-2019 Intel Guru MarkZ A tremendous amount of things happened overnight...a lot of positioning happened...Based on the action happening right now...we may see “Value Day” very, very soon. Maybe as soon as late today or tomorrow. Value Day means “800 number day” ...they should happen moments from each other. What makes the most sense to me and some good sources is 800 numbers by tomorrow and appointments start on Friday...IMO. Iraq does not have the new rate...yet. [I’ve heard that there’s only 2 rates for the Dinar 1) Within 15 cents of the Kuwaiti Dinar 2) $28.50 contract rate...!] I have heard the same thing from several different sources...so that may be true...I would be beyond excited if this is true. [What is the status of the Redemption Centers] They are staffed this week…at least the ones I know personally...except on the 4th...but they are waiting to exchange us still this week...
7-2-2019 Intel Guru Frank26 Article: "The new salary scale will be within the 2020 budget" Quote: "The salary scale will come into effect through the 2020 budget, which can not be implemented at the present time because of the lack of financial allocations within this year's budget," IMO...MAYBE ON THE 4TH...T [TRUMP ?] MAY IGNITE OUR CURRENCY AS WELL.
7-2-2019 Newshound/Intel Guru Mnt Goat The PM still needs to get the education minister ratified by the parliament andthis is still scheduled for this week to be completed, maybe a vote today.
7-1-2019Intel Guru MarkZIraq does not have a new live rate on the streets as of yet.We are still at high alert...but news is all over the place...I still think it’s a perfect storm for this RV/GCR to happen at anytime...banks are failing everywhere...they have to get this reset out the door now. [Has the live rate been established?]I was told it has.
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)
The Cabinet holds its weekly regular session chaired by Prime Minister Adel Abdul Mahdi
The Cabinet held its regular weekly session on Tuesday, July 2, 2019, under the chairmanship of the Prime Minister, Mr. Adel Abdul Mahdi, and discussed several issues and topics prepared for its agenda and adopted a number of resolutions.
The Council approved the recommendations of the Ministerial Council of the Economy on the cement industry in Iraq.
The Council of Ministers approved a loan agreement (Development and Improvement of Electrical Services) between the Government of the Republic of Iraq and the World Bank for Reconstruction and Development.
The Council also approved the recommendations of the report of the inspection visit to the province of Nineveh, which includes a stand on the reality of service and overcome the difficulties facing the implementation of projects.
In the housing sector, the recommendations of the minutes of the consultative meeting to determine a certain percentage of the completion of housing projects were approved before the land was handed over to the investors and in such a way as to ensure the seriousness of the investor in carrying out the project.
In the field of services approved by the Council of Ministers to receive the sewage network in the areas of Bob Sham and Thaaliba by the Secretariat of Baghdad.
The Council of Ministers approved the amendment of its Resolution No. 213 of 2019 concerning the grant for the Abbasid and Husaynid pillars.
The Council also decided to approve the proposal of the Ministry of Planning on the joint committees for contracts of armament.
Media Office of the Prime Minister
2-July -2019
****************
ARTICLE 1-B (from PM Mahdi's website; posted on both the Arabic and the English sides)
The Supreme Council for Combating Corruption holds its 14th session under the chairmanship of Prime Minister Adel Abdul Mahdi
The Supreme Council for Combating Corruption held its 14th session under the chairmanship of Prime Minister Adel Abdul Mahdi And attendance of members of the Council,
The Council reviewed a number of files before it, discussed the procedures for ending the control measures in the file of smuggling of oil, and directed the Ministry of Interior to provide him with a timetable for drug control measures.
The Council listened to the report of the Integrity Commission on those covered by the disclosure of financial disclosure, where revealed a large number of officials of the Iraqi state did not submit their data up to 265 people.
The Council also reviewed the report of the Integrity Commission regarding the subject of auditing the work of real estate registration departments and cases of manipulating the property of citizens and the state and the citizen is subjected to extortion and took several decisions in this regard.
The Council also reviewed a report submitted by the Supreme Judicial Council on the position of the issues of integrity of all appellate areas throughout Iraq.
He noted the importance of completing partnerships with international and local organizations concerned with the fight against corruption in a way that enhances the level of Iraq and its international classification.
The Council discussed the new mechanism used in the printing of textbooks in the Ministry of Education and its role in stopping the large waste of money and the opportunity to the private sector and involvement.
While the Council had concluded its consultations on the five-year anti-corruption strategy with a view to its adoption.
Media Office of the Prime Minister
3-July -2019
*************
ARTICLE 2 (from Government of Iraq twitter account)
PM @AdilAbdAlMahdi: I also received in Baghdad the South Korean
President's Adviser for Foreign Affairs. We have very good relations with
South Korea, and we look forward to strengthening our cooperation in many
fields, including in the health care sector.
PM @AdilAbdAlMahdi: I spoke to HM King Salman bin Abdul Aziz of Saudi
Arabia. We discussed our unified position at the OPEC meeting in Vienna. This
cooperation is important for Iraq, Saudi Arabia and all oil producing
countries.
PM @AdilAbdAlMahdi: I met members of the UN Security Council during their
visit to Baghdad and we discussed several important issues, including the
progress we are making in Iraq across many areas
PM @AdilAbdAlMahdi: Our Executive Order regarding Al-Hashd Al-Shaabi will
subject these units to the same regulations that apply to the Iraqi Armed
Forces, place them on a firm legal footing, and ensure that all weapons are
under the control of the Iraqi state.
PM @AdilAbdAlMahdi holds his weekly press conference in Baghdad, briefs
media on domestic and regional
developments.
*************
ARTICLE 3
The House of Representatives extends its legislative term for one month
2019/7/2 15:33
[Baghdad-where]
The House of Representatives decided on Tuesday to extend its legislative term for one month in order to complete the important laws.
A parliamentary source said in a press statement that "the presidency of the House of Representatives decided during the session today, to extend his term of law for one month."
The source added that "this comes in order to complete the important laws that contribute to strengthening the reality of the citizens on the continuation of the oversight role of the deputies in their parliamentary committees and their provinces."
*************
ARTICLE 4
The UN Security Council has told the government the need to organize the work of the security forces
2019/07/03 12:42
BAGHDAD (Reuters) - A member of the Riyadh-Masoudi alliance announced on Wednesday the government's decision to organize a popular rally, saying members of the UN Security Council had told the government to issue tough decisions to regulate the work of security forces.
"The visit of the UN Security Council to Iraq and its meeting with the three presidencies were motivated by Western countries, especially the United States and the European Union," Massoudi told local media.
"The Security Council has informed Iraq of the need for new changes in the security and political system and not to be dragged into the axis of Iran and stop attacks against Western interests and in the absence of an urgent resolution, the Security Council will take decisions against Iraq, including the return to the seventh item and even the withdrawal of oil companies from Iraq and even Impose some sanctions. "
Masoudi pointed out that "the government issued the order Diwani immediately after the visit to organize the work of the crowd and integration with the armed forces to ensure the survival of oil companies in Iraq and keep diplomatic missions."
*************
ARTICLE 5
Set up a fabricated KENT cigarette factory in Baghdad
2019/7/1 16:37
[Baghdad-where]
A joint unit of the Office of the Inspector-General of the Ministry of the Interior and the National Intelligence Service managed to seize one of the largest fraud factories in the country, specializing in the manufacture of KENT brands and selling them in the local market as original.
The operation was carried out against the background of the information of the Office of the Inspector-General of the Ministry of Interior that 25 foreign nationals were found to be in violation of the conditions of Iraqi residency in a factory located in the industrial zone of Awreij in Baghdad. The Inspector-General Jamal al-Asadi directed his office in the Directorate of Civil Status, In coordination with the competent authorities. After the Civil Status Inspectorate confirmed the validity of the information, the Directorate of Civil Status and the National Intelligence Service opened the matter.
A joint team was formed by the Interior Inspectorate, the Immigration and Demolition Department and the Intelligence Service. The team raided the factory and managed to control 25 foreign workers in violation of the conditions of residency and work permits. The team also seized the largest commercial fraud lab. KENT cigarettes are locally packaged, packaged and sold in local markets as original imported cigarettes, in flagrant violation of laws and manufacturing regulations.
The foreign violators were detained until the completion of the procedures for their deportation outside the country, and the referral of the director of the laboratory to the Directorate of the fight against economic crime to take legal action against him and the right of his lab violates the controls.
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 7-2-2019 around 3:45 pm Eastern
PM @AdilAbdAlMahdi: I also received in Baghdad the South Korean President's Adviser for Foreign Affairs. We have very good relations with South Korea, and we look forward to strengthening our cooperation in many fields, including in the health care sector.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 7-2-2019 around 3:45 pm Eastern
PM @AdilAbdAlMahdi: I spoke to HM King Salman bin Abdul Aziz of Saudi Arabia. We discussed our unified position at the OPEC meeting in Vienna. This cooperation is important for Iraq, Saudi Arabia and all oil producing countries.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 7-2-2019 around 3:45 pm Eastern
PM @AdilAbdAlMahdi: I met members of the UN Security Council during their visit to Baghdad and we discussed several important issues, including the progress we are making in Iraq across many areasGovernment of Iraq - الحكومة العراقيةVerified account @IraqiGovt 7-2-2019 around 3:45 pm Eastern
PM @AdilAbdAlMahdi: Our Executive Order regarding Al-Hashd Al-Shaabi will subject these units to the same regulations that apply to the Iraqi Armed Forces, place them on a firm legal footing, and ensure that all weapons are under the control of the Iraqi state.Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 7-2-2019 around 3:45 pm Eastern
PM @AdilAbdAlMahdi holds his weekly press conference in Baghdad, briefs media on domestic and regional developments.
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