Monday 8/26/19 Wots
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1192.2000 | 1192.2000 | 1192.2000 | | 00:00 |
| USD/VND | | | 23179.6400 | 23179.6400 | 23179.6400 | | 03:59 |
| USD/CNY | | | 7.1515 | 7.0948 | 7.0948 | | 04:02 |
| USD/KWD | | | 0.3033 | 0.3032 | 0.3032 | | 03:49 |
| GBP/USD | | | 1.2285 | 1.2234 | 1.2257 | | 04:02 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 00:00 |
| USD/IDR | | | 14282.0000 | 13875.0000 | 14063.0000 | | 04:01 |
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Iraq makes more than $ 6 billion in financial revenues from the sale of oil in a month
2019/08/26 04:46:26
The Ministry of Oil announced on Monday the total oil exports and revenues achieved for the month of July, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO).
The ministry said in a statement today that the amount of exports of crude oil (110) million (548) thousand and (767) barrels, with revenues amounted to (6) billion and (692) million and (158) thousand.
The statement quoted oil ministry spokesman Assem Jihad as saying that the average price per barrel was (60,536) dollars.
He pointed out that the quantities exported were loaded by (32) international companies of different nationalities, from the ports of Basra and Khor Al-Amaya and unilateral buoys on the Gulf and the Turkish port of Ceyhan.
US advice to the Prime Minister of Iraq to get rid of the PMU factions
Monday 26, 2019 -1:00
Baghdad - Dr. Hamid Abdullah:
Political sources in Baghdad said that the US embassy informed Iraqi Foreign Minister Mohammed Ali al-Hakim to deliver an urgent message to Iraqi Prime Minister Adel Abdul-Mahdi in connection with the air strikes on the Popular Mobilization Camps.
She pointed out that al-Hakim received a senior official at the US Embassy in Baghdad to inform him of the Iraqi protest against the bombing of the crowd camps and remind the US side of Washington's responsibility to protect Iraq's airspace as stipulated in the Strategic Framework Agreement signed between the two countries in 2011.
The sources pointed out that the US official informed the Iraqi foreign minister of the need not to escalate, advising the Iraqi government not to take a position condemned by Washington or Tel Aviv, pointing out that the advice of the US embassy is what prompted the head of the Popular Mobilization Authority Faleh Fayyad to declare innocence from the statements of the deputy head of the crowd Abu Mahdi al-Mohandes, in which he accused Washington of facilitating Israeli aircraft by bombing the Hashd camps.
She said that the US official stressed before the Iraqi Foreign Minister on the need to get rid of the factions of the Popular Mobilization and disarm and turn its employees to civilian jobs.
In addition, a leader in the Popular Mobilization revealed that 13 camps of the crowd had been hit by air strikes within one year.
The Secretary-General of the Brigades of the martyrs, Abu Alaa al-Wala'i: The equipment of the 14th Brigade (Sayed Martyrs Brigades) was destroyed in the explosion suffered by the camp Falcon.
He confirmed that the results of the investigation in the incident indicate that the camp was subjected to an air strike, pointing out that the drones continued to fly over the camp for a month before being bombed, while he explained that more than 13 stores of the Popular Mobilization Equipment had been blown up since August 2018 - August 2019.
The government avoids making any statement or issuing a statement regarding air strikes against the Hashd camps.
Prime Minister Adel Abdul-Mahdi only visited the Al-Saqr camp in southwest Baghdad hours after he was bombed, without making any statement. d
Victory Coalition calls on the government to exercise its responsibilities to ensure the sovereignty of Iraq
26/08/2019
The victory coalition on Sunday called on the federal government to exercise its responsibilities to ensure Iraqi sovereignty.
The coalition in a statement seen by al-Marbid, rejected any aggression or violation of Iraqi sovereignty from any party, indicating that it refuses to prejudice the blood, land, institutions, forces or Iraqi interests from any party.
In its statement, the coalition called on all parties to take responsibility and work to neutralize Iraq from international regional conflicts, in order to preserve its security and stability, and ensure that it does not slip into conflicts that do not serve its interests.
He also called on the government to exercise its political and security responsibilities on all to ensure the safety of the land and the interests and sovereignty of Iraq.
Prophetic coordination of the opposition between Hakim and Abadi
26-08-2019 12:10 AM Baghdad / News:
The President of the victory coalition, Haider al-Abadi, with the head of the National Wisdom Movement, Ammar al-Hakim, coordinated parliamentary efforts in the opposition, while warning both sides of the serious consequences in the event of failure to address mistakes.
"He met with Hakim on the occasion of his return from the Holy Land and performing Hajj," a statement from Abadi's office said.
He added that "the meeting discussed the political, security and economic situation in the country in addition to the situation in the region and its impact on Iraq."
"Parliamentary coordination was also discussed between the blocs of victory and wisdom, in addition to discussing the government performance and the decline witnessed in many files and the failure to achieve what the citizen aspires to and the failure to implement the government program."
It was stressed that the accumulation of mistakes will lead to unpleasant consequences, which we warn of, and that the evaluation of the work and pointing out the mistakes do not target a specific person as much as it is in the interest of the country.
"He met with Hakim on the occasion of his return from the Holy Land and performing Hajj," a statement from Abadi's office said.
He added that "the meeting discussed the political, security and economic situation in the country in addition to the situation in the region and its impact on Iraq."
"Parliamentary coordination was also discussed between the blocs of victory and wisdom, in addition to discussing the government performance and the decline witnessed in many files and the failure to achieve what the citizen aspires to and the failure to implement the government program."
It was stressed that the accumulation of mistakes will lead to unpleasant consequences, which we warn of, and that the evaluation of the work and pointing out the mistakes do not target a specific person as much as it is in the interest of the country.
Leader in the crowd to "Step Press": Iraq will not participate in the war against Israel in the event of its outbreak
August 26, 2019
Baghdad - Special / Step Press
The leader of the Popular Mobilization Movement, Moin al-Kazemi, said Sunday that the Iraqi government and the Popular Mobilization factions will not be a party to the war against Israel, while Israel is trying to bring the region into crisis.
Al-Kazemi said in a statement to "Step Press" that "now Iraq is not included in the war, and if it develops the possibility of extending to the region, and these attempts by Israel to plunge the region into a crisis, and governments should appreciate that official position."
"The government has taken a position and summoned the US charge d'affaires and told him its refusal that Iraq should be a battleground," he said.
He pointed out that "regarding the possibility of war, all possibilities are open whether the war or military escalation or political solution, and according to the Secretary-General of Hezbollah Hassan Nasrallah will be the war in the land of Israel and will be targeted sites as it is targeted in other countries."
Asked about Iraq's participation in this war against Israel, he said: "The Iraqi government does not believe that it will participate in this war, even the resistance as well. We call for Iraq to be immune from war because we are out of battle."
The regional delegation is waiting for the Baghdad signal
Date of edit:: 2019/8/26 12:09 • 99 times read
It is expected that a delegation from the Kurdistan Regional Government will visit the capital Baghdad, to discuss a number of outstanding files with the federal government.
"After the exchange of visits between the Kurdistan Regional Government and the federal government, efforts continue to address the outstanding problems," government spokesman Gutiar Adel said in a televised statement.
He added, "The joint committees between the Kurdistan Regional Government and the federal government made its willingness to prepare reports for each file, but so far there is no specific date for the visit of the delegation of the Kurdistan Regional Government to Baghdad."
He pointed out that "the Kurdistan government is waiting for the answer of the federal government to determine the date of the next meeting and visit the capital."
He added, "The joint committees between the Kurdistan Regional Government and the federal government made its willingness to prepare reports for each file, but so far there is no specific date for the visit of the delegation of the Kurdistan Regional Government to Baghdad."
He pointed out that "the Kurdistan government is waiting for the answer of the federal government to determine the date of the next meeting and visit the capital."
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Governor of Baghdad calls for lifting obstacles facing the implementation and completion of projects
26-08-2019
Baghdad / News:
The governor of Baghdad, Falah al-Jazairi, called for lifting the obstacles that face the province's work, especially in the implementation of service projects, stressing the importance of coordination and cooperation between the province of Baghdad and the capital secretariat, to advance development and reconstruction, and overcome overlap in powers.
The Algerian, during a joint meeting in the Secretariat General of the Council of Ministers, on Sunday, the plans of the province in all service sectors, and developments and measures taken by the province regarding the implementation of projects and accelerate the pace of completion.
He stressed "the need to find legal mechanisms to overcome the overlap of powers, among the executive bodies in the capital, in order to strengthen efforts and integration, in providing services to the people of Baghdad."
The Secretary General of the Council of Ministers, Hamid al-Ghazzi, expressed his understanding of the obstacles raised by the Governor, during the meeting, which witnessed the participation of the Secretary of Baghdad, the memory of Alloush, the Deputy Minister of Electricity, the representative of the General Directorate of Traffic, Baghdad Operations Command, and the advanced service cadre in the province, Honesty is in the public interest.
The governor of Baghdad, Falah al-Jazairi, called for lifting the obstacles that face the province's work, especially in the implementation of service projects, stressing the importance of coordination and cooperation between the province of Baghdad and the capital secretariat, to advance development and reconstruction, and overcome overlap in powers.
The Algerian, during a joint meeting in the Secretariat General of the Council of Ministers, on Sunday, the plans of the province in all service sectors, and developments and measures taken by the province regarding the implementation of projects and accelerate the pace of completion.
He stressed "the need to find legal mechanisms to overcome the overlap of powers, among the executive bodies in the capital, in order to strengthen efforts and integration, in providing services to the people of Baghdad."
The Secretary General of the Council of Ministers, Hamid al-Ghazzi, expressed his understanding of the obstacles raised by the Governor, during the meeting, which witnessed the participation of the Secretary of Baghdad, the memory of Alloush, the Deputy Minister of Electricity, the representative of the General Directorate of Traffic, Baghdad Operations Command, and the advanced service cadre in the province, Honesty is in the public interest.
Arabization Campaign Continued in Kirkuk
ERBIL:The campaign of arabization continues in the disputed Kurdish province of Kirkuk as hundreds of Arab families have been brought to the city in past six months, a report said on Sunday.
According to Kurdistan 24, citing an official document obtained by the report, around 600 Arab families were brought to Kirkuk province in the past six months, a move which could directly affect the Kurds in the upcoming provincial election scheduled for next year.
The people were brought from the provinces of Salahaddin, Anbar, Mithan, Baghdad, and other surrounding areas.
They even have the official right to participate in elections and other related processes, the report added.
After the Iraqi army and pro-Iranian Hashd al-Shaabi militias overran the disputed areas, and the Peshmerga fighters were forced to withdraw from the areas, there have been efforts to change the demography of the region.
International media professor Fadel Al-Badrani (Tigris): The Ministry of Education suffers from confusion in its management
26-08-2019 12:08 A
International media professor Fadhil al-Badrani said on Monday that the Ministry of Education is suffering from confusion in the management of its joints. Al-Badrani told (Tigris) that there is no intention of Prime Minister Adel Abdul-Mahdi to choose a minister of education. Al-Badrani said that printing books abroad is tainted by great corruption, noting that the fight against corruption needs the boldness of the prime minister.
Johnson confirms Britain's withdrawal from the EU whatever the circumstances
2019/08/26 2:33:31 AM
British Prime Minister Boris Johnson told Council President Donald Tusk that Britain would leave the EU on October 31, whatever the circumstances.
Western media quoted a British official as saying that Johnson told the European Council that Britain would withdraw from the EU at the end of October, following a meeting of officials on the sidelines of the G7 summit in Biarritz, France.
Before the meeting, Johnson and Tusk exchanged accusations about who would be to blame if Britain leaves the EU on October 31 without an agreement on exit arrangements.
The official said Johnson told Tusk he preferred to seek an agreement with the EU and reiterated that he still wanted to sit down and talk to the EU and its member states.
"The prime minister reiterated that we will leave the EU on October 31 under any circumstances. We must respect the outcome of the referendum," the official said.
The two will meet again on the sidelines of the UN General Assembly next month.
Head of the Alliance for Reform and Reconstruction warns the security file of retreat, which may portend serious consequences
25 August, 2019 12:26 PM - Hits: 8 views
Iraqi position network
Iraqi position network
The head of the Coalition for Reform and Reconstruction Ammar al-Hakim, on Sunday, from the retreat of the security file, which may portend serious consequences.
Hakim said in a statement received "Iraqi position," a copy of it, that "Daquq district in the province of Kirkuk was subjected to a terrorist attack with mortars one day after the terrorist attack in Musayyib district."
He added, "The repeated targeting of security forces here and there is a reason for the government to stand on the fact that the security file is subject to retreat may portend serious consequences unless it is addressed according to solid plans."
Al-Hakim called on the government and security authorities to "assume their responsibilities towards what is happening."
Hakim said in a statement received "Iraqi position," a copy of it, that "Daquq district in the province of Kirkuk was subjected to a terrorist attack with mortars one day after the terrorist attack in Musayyib district."
He added, "The repeated targeting of security forces here and there is a reason for the government to stand on the fact that the security file is subject to retreat may portend serious consequences unless it is addressed according to solid plans."
Al-Hakim called on the government and security authorities to "assume their responsibilities towards what is happening."
Conquest: We reserve the right to respond to Zionist targeting of the crowd stores
August 26, 2019
The conquest of the conquest, it reserves the right to respond to the Zionist targets of the headquarters and massacre of the popular weapons, while blaming the international coalition responsible for the targeting, which he said he considers a declaration of war on Iraq.
"We strongly condemn the repeated Zionist attacks on the Hashd's weapons stores and camps until they reached its leadership," the coalition said in a statement. "What happened today to a Hashd leader in the city of Al-Qaim represents a serious turning point in the course of the Zionist entity's targeting of the Hashd." And his leadership. "
"While we reserve the right to respond to these Zionist targets, we hold the international coalition, especially the United States, fully responsible for this aggression," he said, adding that "we consider it a declaration of war on Iraq, its people and national sovereignty."
The coalition called on "the Iraqi government and the Iraqi parliament to protect the Iraqi people and its security apparatus and army and mobilization and to open up to all strategic options that would protect the devices, equipment and weapons that preserve Iraq's sovereignty, national security, dignity and independence." Atmosphere while their presence is a cover for all these Zionist targets. "
It is noteworthy that the Popular Mobilization announced on Sunday, the targeting of its forces in the area of Akashat by two planes, which led to the death of one of the racist and injuring another, indicating that this blatant attack came with the presence of air coverage by the US aircraft to the area as well as a large surveillance balloon near The scene.
"We strongly condemn the repeated Zionist attacks on the Hashd's weapons stores and camps until they reached its leadership," the coalition said in a statement. "What happened today to a Hashd leader in the city of Al-Qaim represents a serious turning point in the course of the Zionist entity's targeting of the Hashd." And his leadership. "
"While we reserve the right to respond to these Zionist targets, we hold the international coalition, especially the United States, fully responsible for this aggression," he said, adding that "we consider it a declaration of war on Iraq, its people and national sovereignty."
The coalition called on "the Iraqi government and the Iraqi parliament to protect the Iraqi people and its security apparatus and army and mobilization and to open up to all strategic options that would protect the devices, equipment and weapons that preserve Iraq's sovereignty, national security, dignity and independence." Atmosphere while their presence is a cover for all these Zionist targets. "
It is noteworthy that the Popular Mobilization announced on Sunday, the targeting of its forces in the area of Akashat by two planes, which led to the death of one of the racist and injuring another, indicating that this blatant attack came with the presence of air coverage by the US aircraft to the area as well as a large surveillance balloon near The scene.
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Israeli Super Tough F-35 Stealth Fighters Are Shaking Up the Middle East
Michael Peck Security, Middle East First reports of F-35s flying over Syria, then Iran, and now Iraq. As so often in the Middle East, especially in the shadow war between Israel and Iran, it’s hard to know exactly what happened. The tale changes with whoever tells it, and why they’re telling it. Still, we can make some educated guesses. Israel’s F-35 stealth fighters are positively supernatural: here, there and everywhere. In 2018, the Israeli Air Force claimed its new F-35s had attacked Iranian
Read in The National Interest: https://apple.news/AO_
Israel likely had a role in Iraq airstrike that has roiled US-Iraqi relations
The US government has assessed that Israel was likely involved in a strike that took place north of Baghdad last month, a strike that has complicated America's relationship with Baghdad, according to two US officials.
Read in CNN Politics: https://apple.news/
Israel secretly expanded its Iran fight to Iraq, and it risks igniting a much larger conflict
Israel appears to have expanded its fight against Iranian activities into Iraq, risking a major escalation. Several ammo depots controlled by Iraqi militias with ties to Iran have mysteriously exploded in recent months, and Israel is believed to be behind at least one of these strikes. "It is possible someone will react to these statements, that there will be a price to pay, that there will be a retaliation for this," a former US ambassador to Iraq told Insider. "Any attacks on Americans in Iraq
Read in Business Insider: https://apple.news/Amw-mP1_
Press Release: Andersen Global Enters ZimbabweAndersen Global announced it has signed a collaboration agreement with Chimwamurombe Legal Practice (Zenas) in Zimbabwe. Andersen Global has built a presence in over 14 African countries in just under two years. Zenas was founded in 2015 and now has a team of 11 professionals who provide legal services to individuals, organizations, institutions and corporations....
Read in FurtherAfrica: https://apple.news/AtE0-
Zimbabwe: President Calls for Innovation in AgriculturePRESIDENT Mnangagwa says players in the agriculture sector should employ modern technologies to enhance productivity, boost food security and nutrition. Innovative solutions, he said, should help Zimbabwean products enter the global value chain. The President said this while officially opening the inaugural Zimbabwe Agricultural Show at the Exhibition Park in Harare yesterday. The fair was attended by Vice President Kembo Mohadi, ministers, senior Government officials, members of the diplomatic
Read in AllAfrica: https://apple.news/
Violence in Zimbabwe Is Escalating. But We Won't Stop Fighting for Our FreedomsA man holding Zimbabwe's national flag walks with other protesters as they march in the streets of Harare on August 16, 2019. Riot police in Zimbabwe fired teargas and beat demonstrators on August 16 during a crackdown on opposition supporters who have taken to Harare's streets despite a protest ban. Imagine coming home and finding your entire house ransacked, your valuables stolen and your children tied to poles, their backs bleeding from being whipped with a sjambok. The sight rips your soul
Read in TIME: https://apple.news/
Africa: Reversing the Growing Unemployment among African Universities Trained GraduatesRecently, I watched the heartbreaking story of a 24-year-old Kevin Ochieng, a first class honors degree graduate, whose excellent academic performance did not secure him a decent job. He articulated well how he worked hard, excelled in exams, and was looking forward to put his training and expertise into practice. Instead, he is still unemployed and living on the streets of Nairobi. I asked myself: How many young African graduates like Kevin are out there? A recent feature by the Nation titled “
Read in AllAfrica: https://apple.news/
Coffee growers help reforest Mozambique's Mount GorongosaOn the slopes of Mount Gorongosa, 400 Mozambican farmers are producing coffee that earns them cash incomes while at the same time restores the rapidly eroding rainforest
Read in ABC News: https://apple.news/
Mozambique, Russia sign energy, security dealsMozambique’s President Filipe Nyusi signed energy and security agreements with Russian’s Vladimir Putin on Thursday in the first visit by a leader from the southern African state in two decades. Nyusi’s visit came weeks his government signed a peace deal with former rebel movement Renamo and just two months before elections where the Mozambique leader...
Read in FurtherAfrica: https://apple.news/A_
US EXIM Bank to vote on US$5B loan to Mozambique LNGThe U.S. Export-Import Bank said on Thursday its board intends to vote on a $5 billion direct loan for the development of a liquefied natural gas (LNG) project in Mozambique, the bank’s biggest export financing deal in years. The government export lender said it has notified the U.S. Congress of the transaction, which will be...
Read in FurtherAfrica: https://apple.news/ACi_
Chinese ship inches closer to Vietnam coastline amid South China Sea tensions
By Khanh Vu HANOI (Reuters) – A Chinese survey vessel on Saturday extended its activities to an area closer to Vietnam’s coastline, ship tracking data showed, after the United States and Australia expressed concern about China’s actions in the disputed waterways. The Haiyang Dizhi 8 vessel first entered Vietnam’s exclusive economic zone (EEZ) early last...
Read in CreaWorldNews: https://apple.news/AJ8K_
How US-Vietnam alliance blossomed as rivalry between China and the West intensified
“The enemy of my enemy is my friend.” So goes an ancient Middle Eastern proverb, which has reverberated across millennia with strategic pungency. In many ways, the same logic is driving one of the unlikeliest alliances of the 21st century, namely…
Read in South China Morning Post: https://apple.news/
China plans to fight Trump's trade war tariffs "until the end"
An official Chinese media outlet, the People's Daily, has fired back at President Trump's latest round of "barbaric" tariffs, and said they will keep fighting in the trade war "until the end," reports the South China Morning Post.
Read in Axios: https://apple.news/
Companies that import from China drop after Trump orders them to move
Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them to find alternatives to their Chinese operations.
Read in CNBC: https://apple.news/ALwrI_
The Chinese Tariff Fallout On U.S. Retailers
The Chinese government announced its retaliation on Aug. 23, saying tariffs will be imposed on American goods, including apparel, textiles, agriculture and chemicals.Most retailers in the U.S. are concerned about the higher costs associated with the tariffs.To date, there have been 23 negative EPS preannouncements for Q3 2019 compared to 9 positive preannouncements.
Read in Seeking Alpha: https://apple.news/AS4_
China Steals Fed’s Thunder With New Round of Tariffs | Action Forex
The US dollar is lower across the board against major pairs at the end of a volatile Friday. The speech by Fed chair Jerome Powell at Jackson Hole was the main event in the radar before China announced it was escalating its trade war with the US. The dollar was on the back foot, even […] The post China Steals Fed’s Thunder With New Round of Tariffs appeared first on Action Forex.
Read in Action Forex: https://apple.news/
China Weekly Letter: Retaliation is Not Over Yet | Action Forex
China retaliated against Trump’s tariff hikes on Friday. While countermeasures were expected, it was a reminder that the trade war is alive and kicking. The retaliation is not over, though. China stated this week that it will announce the names on its ‘unreliable entities list’ soon, a countermeasure to the sanctions on Huawei. USD/CNY moves […] The post China Weekly Letter: Retaliation is Not Over Yet appeared first on Action Forex.
Read in Action Forex: https://apple.news/
Petrol prices hit a five year high
Petrol prices have been slowly rising over the past five years and is eating into household incomes across Australia, a new report shows.
Read in Daily Mail: https://apple.news/
No-deal Brexit would shrink UK's global influence, say ex-ambassadors
Former senior diplomats write to PM urging him to ‘signal a different approach’ at G7 summit Leaving the European Union without a deal would vastly shrink the UK’s international influence and would represent “the biggest unilateral abandonment” of long-term British interests in modern history, a group of former ambassadors have claimed. In a letter, signed by 25 former senior diplomats and published in the Times, they urged the prime minister, Boris Johnson, to “signal a different approach” at
Read in the guardian: https://apple.news/
EU will 'respond in kind' if US imposes tariffs on France over digital tax
"I will protect French wine with genuine determination for many reasons," Tusk said.
Read in Fox News: https://apple.news/A-
European investors find a bright spot in Brexit's murk: gilts
Volatile sterling and the prospect of a damaging no-deal Brexit aren't hurting demand for British government bonds among foreign money managers, who are betting the debt will outperform if the UK does end up making a disorderly exit from the European Union.
Read in Reuters: https://apple.news/
Why John Bolton Is Pushing Hard For Britain to Leave the European Union
D. Parvaz Brexit, Europe What is at stake? National security adviser John Bolton made an extraordinary promise while on a visit to London Monday, pledging that the United Kingdom would jump to the “front of the queue” for trade with the United States if it went ahead and left the European Union. Already, some are concerned that the promise of such trade favoritism might prompt an inevitable no-deal Brexit, the kind U.K. officials have long hoped to avoid. “If that’s the decision of the British
Read in The National Interest: https://apple.news/
Brexit: EU 'willing to listen' to Boris Johnson's ideas, says Donald Tusk
Donald Tusk says he "will not co-operate on no-deal" ahead of Brexit talks with Boris Johnson.
Read in BBC News: https://apple.news/
Confidential papers reveal northern councils bracing for Brexit food and fuel shortages | Press and Journal
North-east and Highland councils are preparing for potential no-deal Brexit fuel, food and medicine shortages, confidential papers have revealed. The documents, obtained under freedom of information laws, show Aberdeen City Council have even been forced to consider the impact on school menus, with officials noting that “there is a risk we will be unable to meet the nutritional content required” if there are food shortages. The papers, entitled the “Risk Register”, also spell out concerns that a
Read in The Press and Journal: https://apple.news/
GLOBAL/NEWS/INFO
Today in History
Today in History
Read in ABC News: https://apple.news/
G7 Summit: Divisions expected at global meet
Hours before the G7 Summit was due to start, Iran's Minister of Foreign Affairs Mohammed Javad Zarif was already in Paris to meet French President Emmanuel Macron. No pictures of the meeting were released, probably so as not to anger US President Donald Trump. The meeting behind closed doors at the Elysee Palace highlights the very different approaches of the United States and Europe towards Iran. A number of other countries have been invited to this years summit. Prime Minister Narendra Modi of
Read in Al Jazeera: https://apple.news/
The 5 best places for birthday freebies
I spent my birthday collecting as many free rewards as I could. In total, I racked up over $100 worth of stuff, including free food, make-up and beauty treatments. But some birthday deals proved more valuable than others.
Read in CNBC: https://apple.news/
OIL/COMMODITIES/ENERGY
Buying Gold On Rallies Can Be Dangerous
Gold volatility is lower than in other commodities.Gold volatility is higher than in currency markets.Buying dips has been the optimal approach in gold for decades.A correction could be coming.If you are looking for volatility, gold mining shares are the answer. If you want even more leveraged mining ETFs are only for the bravest souls.
Read in Seeking Alpha: https://apple.news/
Copper Could Be Entering an ‘Epic Bull Market.’ Or Not.
Analysts diverge on the future of copper, but everyone can be right depending on how far into the future you’re willing to look.
Read in Barron's: https://apple.news/
Ignore The Trade War And Buy Crude Oil
Long-term crude prices are dependent on supply and demand - not the sentiment contained in a few key tweets.Crude demand is lackluster, but supply is even worse, which is leading to a tightening balance.As crude balances tighten, the price of crude oil rises as seen by a variety of quantified approaches.
Read in Seeking Alpha: https://apple.news/
Emerging Opportunities in Oil and Gas Pipeline and Transportation Automation Market Market with Current Trends Analysis
New York City, NY: Aug 23, 2019 – (Wired Release): Overarching evaluation of Global Oil and Gas Pipeline and Transportation Automation Market Market, including product demands, growth driving factors, market restraints, and futuristic opportunities. This report study includes an elaborative summary of Oil and Gas Pipeline and Transportation Automation Market market that provides in-depth knowledge...
Read in Market Research Biz Reports: https://apple.news/
Corn Tanks As Trade And The August WASDE Weigh On The Agricultural Commodity
Corn falls after the August WASDE report.The corn market could be in for a correction on Sept. 12.The harvest will turn the focus to South America.Time to put the next new crop ratio on the radar.CORN is the ETF product for those who do not trade futures.
Read in Seeking Alpha: https://apple.news/A-
Energy & Precious Metals - Weekly Review and Calendar Ahead
Commodities Aug 25, 2019 10:52 GMT By Barani Krishnan Investing.com - Ancient Chinese military strategist Sun Tzu says the most important factor in war is the "element of surprise". Xi Jinping proved that right this week when the Chinese president caught rival Donald Trump off-guard in announcing new retaliatory tariffs on U.S. imports, particularly on a commodity sacrosanct so far in the trade war between them: crude oil. Trump was understandably livid, demanding that American manufacturers
Read in Investing.com: https://apple.news/Ah6zqW_
BANKS/BANKING/CREDIT
This Week In Credit Card News: Why Card Issuers Offer Streaming Rewards; An Amazon Cryptocurrency?
What took place this week in the credit card and payment industries
Read in Forbes: https://apple.news/
See all our credit card reviews — from cash-back to travel rewards to business cards — in one place
Table of Contents Travel rewards credit cards First up are the cards that can get you the most value if you're willing to put in the work: travel rewards credit cards that earn Amex, Chase, and other bank points. You can transfer these points to various airline and hotel partners, as well as use them to book travel directly through your credit card issuer. The mega-popular Chase Sapphire Preferred Card, Chase Sapphire Reserve, American Express® Gold Card and others fall into this category. **
Read in Business Insider: https://apple.news/AH_
Difficult Days For German Banking Giants As Politician Pile On The Pressure
When embroiled in a lengthy legal suit it often pays to seek a settlement. So, it is with the beleaguered Deutsche Bank. The German banking titan has agreed to pay a $16 million fine to U.S. authorities.
Read in Forbes: https://apple.news/AJJ12-
Trump wants the Fed to save the economy, but central bankers say they can only do so much
Politics and economics are colliding, and central banks are at the center.
Read in The Washington Post: https://apple.news/
KKR hiring college seniors; Deutsche Bank's new power structure
Hi, readers. I'll keep things short this week, since we're reaching peak vacation season and finance news is probably not top of mind right now. This week we had a really fun wealth-management story, in which we asked a handful of top wealth advisers about the most out-there requests they've gotten from their rich clients. Answers ranged from assisting in a personal-butler search to difficult situations like figuring out how to manage risks after an accident. Why does this matter? The pool of
Read in Business Insider: https://apple.news/
TREASURIES/BONDS/STOCKS
Weekly Economic Release Summary: Cutting The Federal Funds Rate Will Not Prevent A RecessionThere are many reasons that the historically low federal funds rate cannot be decreased enough to prevent a recession.Many interest rates do not follow the federal funds direction.And a review of the data is not indicating a recession is in sight.
Read in Seeking Alpha: https://apple.news/
Mounting China trade tensions keep Wall Street on edge and the economy under a cloudInvestors and business leaders, it’s often said, hate uncertainty and don’t react very well to it. Well, get used to uncertain times. The Chine trade fight isn’t over anytime soon and neither is the threat it poses to the U.S. economy.
Read in MarketWatch: https://apple.news/
Yield Curves: Another Record Streak Bites The DustWhile the 10s2s curve flirted with inverted territory for the last few days on an intraday basis, Thursday was the first time in more than a decade that the closing yield on the two-year US Treasury was above the yield on the 10-year.And with another closely watched part of the curve moving into inverted levels, recession fears increased.It has been a while since the 10s2s curve was inverted. In fact, the streak that just ended was the longest on record going back to 1977, and it wasn't even
Read in Seeking Alpha: https://apple.news/
S&P 500 Weekly Update: Tweets, Tariffs, And The Yield CurveThe U.S. consumer is in excellent shape, posting the best five-month retail sales numbers since 2005.Inverted yield curve headlines rule, sparking recession forecasts everywhere. The data doesn't support that view.Equity markets remain in search of near-term direction.The headlines read "Bond Market's Big Warning". The bond market may not be telling investors anything.
Read in Seeking Alpha: https://apple.news/
Stocks Plummet, Worries Mount As China-U.S. Trade War DeepensTrade war escalates as China announces additional tariffs on U.S. goods.Powell strikes dovish tone at annual Fed symposium.U.S. manufacturing shrinks for first time in a decade.
Read in Seeking Alpha: https://apple.news/AGQS6_
Opinion: Add a new risk — geopolitics — to the list of U.S. stock market worriesKeep an eye on Argentina, Turkey and China.
Read in MarketWatch: https://apple.news/
Economic Calendar - Top 5 Things to Watch This WeekEconomy Aug 25, 2019 09:37 GMT Investing.com - The latest escalation in the U.S.-China trade war is likely to dominate investors’ attention this week and a fresh batch of data will give markets more insight into the economic impact of the conflict. Markets will also be watching a gathering of Western leaders at the G7 summit at a time of major divisions over trade, climate change, exchange rates, government spending, Brexit and dealings with China, Iran and Russia. Here’s what you need to know
Read in Investing.com: https://apple.news/
CRYPTO / DIGITAL CURRENCIES
Up, Up, and Away: How Cryptocurrencies Are Dealing With InflationInflation occurs as a cryptocurrency's coin supply gets larger. When this happens, the cryptocurrency in question becomes less scarce, and demand begins to fall, thereby driving down its price and its buying power. This is a problem, but fortunately, cryptocurrencies don't need to eliminate inflation entirely. They just need to keep it under control. Some have argued that cryptocurrency suffers from inflation rates that are far higher than standard currencies. Hard Fork, for example, cites a
Read in Bitrates: https://apple.news/AQpRCXlYBPROoFrMlVFPYqQ
Crypto Exchange Boss Touts Bitcoin Over Credit Cards for Tax Payments - InsideBitcoins.com
As Bitcoin continues to gain adoption in several aspects of human life, it becomes more and more expedient to take notes and see just how well it fares against some of the established systems that have always run things. One of the most important financial use cases for Bitcoin has always been taxes, and now, an exchange executive has revealed that using Bitcoin for this has proven to be more efficient than the conventional way. Yesterday, real estate news medium Mansion Global, published the
Read in InsideBitcoins: https://apple.news/ANsr1i6xgMnmz2BtLKyU9nQ
The Rise Of Crypto As Payment CurrencyPayment businesses have gone through a revolution in the last few years. From blockchain, and FinTech to AI and cryptocurrencies, the world of international commerce is moving faster than ever.
Read in Forbes: https://apple.news/Afxip_fECTLKPWZtWSZwLuw
Cryptocurrencies could help evade U.S. sanctions on IranIranian cryptocurrency developers have created a blockchain platform, IranRescueBit, to facilitate aid donations in Bitcoin, Ethereum and Litecoin — a move that threatens to undermine sanctions at the center of the Trump administration's "maximum pressure" campaign.
Read in Axios: https://apple.news/AEvaWBTGPQUWL8re8CJZYEg
Rwandas Central Bank Reportedly Considering Launcing Its Own Cryptocurrencyby Michael LaVere | 23 Aug 2019 The National Bank of Rwanda (NBR) is reportedly considering the development and launch of a state-backed cryptocurrency. Rwandan Digital Currency According to a report by Bloomberg published on Aug. 22, the central bank is looking into the feasibility of launching a cryptocurrency that would make processing transactions more efficient in addition to boosting economic growth. The report claims that the NBR intends to learn from the experience of Canada, Singapore
Read in CryptoGlobe: https://apple.news/A0ZjPR_bgQQSaPNyvfVHFFQ
Litecoins Mining Difficulty Is Down 28% Since Its Block Halvingby Michael LaVere | 23 Aug 2019 Recent network data shows that mining hashrate on Litecoin’s network dropped 28% since the block reward halving occurred on Aug. 5, as miners forego the decreased profitability from obtaining LTC. Litecoin Difficulty Declining Data form mining pool BTC.com shows that Litecoin's mining difficulty was of 15.93 million on Aug. 4, one day before the halving, and has gradually fallen to 11.40 million as of Aug. 22. The hashing power for Litecoin’s network has dropped
Read in CryptoGlobe: https://apple.news/A30JFGWWETyK5jTP14Dh_gw
Bitwises Global Head of Research: Bitcoin Is Like Gold Just in the 1970sby Siamak Masnavi | 24 Aug 2019 In an article published earlier this week, Matthew Hougan, the Global Head of Research at Bitwise Asset Management, argues that Bitcoin is too volatile to be considered a "store of value", but that is OK because if you want to become wealthy, what you really want is "an emerging store of value". Hougan's article for Forbes, which came out on Wednesday (August 21), was addressing the claim made in a Barron's article published on August 16 that questioned the claim
Read in CryptoGlobe: https://apple.news/ArFzhmn_7RUyPCacgvX59AQ
Bitcoin Retesting $10k, Threatening to Break Important Uptrend - Price Analysisby Colin Muller | 24 Aug 2019 Since mid-summer, the market and analysts have been wondering if Bitcoin’s (BTC) retrace from $14,000 local highs was the retrace; as in, when would it return to a full uptrend? $9,000 was reached on the downside, but with Bitcoin threatening again to break down through $10,000, we may soon be back considering the retrace question. Starting with the 4-hour chart, we see that BTC has been trending down of late, in the local market structure. An inability to even make
Read in CryptoGlobe: https://apple.news/A-Nx77Ix0TZKso3fNJ4_GOA
CURRENCIES
Forex - Weekly Outlook: August 26 - 30
Forex Aug 25, 2019 10:36 GMT Investing.com - A fresh batch of economic data from the U.S. and the Eurozone this week will give investors more insight into the economic impact of the trade spat between the U.S. and China, which ratcheted up again on Friday. U.S data on tap includes a revised estimate of second quarter growth along with figures on durable goods orders and trade. The year-long trade war between the world's two largest economies has roiled financial markets with bond markets
Read in Investing.com: https://apple.news/
USD/JPY Outlook: New China Tariffs Send Dollar Lower on Increased Safe-Haven Demand | Action Forex
The pair fell to daily low at 106.38 after China announced its tariff retaliation, materializing their earlier warning about response to new US tariffs on imports from China from 1 Sep. Dovish comments from Fed’s Bullard, just hours ahead of Powell’s speech, added to negative sentiment, as traders already turned into safe-have after Chinese announcement. […] The post USD/JPY Outlook: New China Tariffs Send Dollar Lower on Increased Safe-Haven Demand appeared first on Action Forex.
Read in Action Forex: https://apple.news/
China’s yuan currency slides to fresh 11-year low, sparking fears of capital flight from Asia
The value of the Chinese yuan fell to a fresh 11-year low against the US dollar on Friday, fuelling worries that China has given up on achieving any progress to end the trade war with the United States in the near term and so is moving to offset the…
Read in South China Morning Post: https://apple.news/AwUp-_
HEALTH / SCIENCE
Years ago, this doctor linked a mysterious lung disease to vaping
In 2015, a West Virginia doctor treated a patient with vaping-linked breathing problems.
Read in NBC News: https://apple.news/
What Is Lipoid Pneumonia—and Can You Get It From Vaping?
It's pretty rare—but vaping has it on the rise.
Read in Health: https://apple.news/
First death reported from vaping-related lung illness, officials say
The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.
Read in CNBC: https://apple.news/
Opinion | When doctors fat shame their patients, everybody loses
Doctors fail when they conflate weight and health, believe their patients to be lazy or noncompliant or avoid discussing the topic altogether.
Read in NBC News: https://apple.news/AiaE_
Opinion | Ebola is back in the Congo — and America's Africa policies aren't helping contain its spread
Misinformation, distrust and a lack of resources remain huge challenges for health care providers who are racing against time to control the deadly disease.
Read in NBC News: https://apple.news/AxpDHKt_
How ethical is America's heath care system?
From stem cell therapies to editing our genes, we've seen no shortage of medical breakthroughs in recent years. But these developments also raise ethical issues. That’s especially true when it comes to policy decisions about the kind of care people get and how precious resources are allocated. That’s the subject of the new book, "Everybody Wants to Go to Heaven but Nobody Wants to Die: Bioethics and the Transformation of Health Care in America." The book’s authors, Dr. Amy Gutmann and Dr.
Read in CBS News: https://apple.news/
Officials Just Confirmed Cases of Measles in Las Vegas and Disneyland
Health officials recently confirmed that a traveler who visited Las Vegas Boulevard — also known as the Strip — earlier this month has been diagnosed with measles. They're advising people who traveled to the city between Aug. 1 and Aug. 6 to check their immunization status or contact their health care provider if they're not...
Read in The Points Guy: https://apple.news/AjLU_
A Superbug Salmonella Sickened Hundreds of People Through Cheese, Beef, and Raw Milk
According to a new report from the Centers for Disease Control and Prevention, an outbreak of superbug salmonella sickened hundreds of people and hospitalized dozens over the past two years. But what makes the incident especially scary is that the outbreak was transnational, having likely come from cattle in both the U.S. and Mexico. It may very well be a harbinger of even worse outbreaks to come.
Read in Gizmodo: https://apple.news/
Years ago, this doctor linked a mysterious lung disease to vaping
In 2015, a West Virginia doctor treated a patient with vaping-linked breathing problems.
Read in NBC News: https://apple.news/
What Is Lipoid Pneumonia—and Can You Get It From Vaping?
It's pretty rare—but vaping has it on the rise.
Read in Health: https://apple.news/
First death reported from vaping-related lung illness, officials say
The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.
Read in CNBC: https://apple.news/
Opinion | When doctors fat shame their patients, everybody loses
Doctors fail when they conflate weight and health, believe their patients to be lazy or noncompliant or avoid discussing the topic altogether.
Read in NBC News: https://apple.news/AiaE_
Opinion | Ebola is back in the Congo — and America's Africa policies aren't helping contain its spread
Misinformation, distrust and a lack of resources remain huge challenges for health care providers who are racing against time to control the deadly disease.
Read in NBC News: https://apple.news/AxpDHKt_
How ethical is America's heath care system?
From stem cell therapies to editing our genes, we've seen no shortage of medical breakthroughs in recent years. But these developments also raise ethical issues. That’s especially true when it comes to policy decisions about the kind of care people get and how precious resources are allocated. That’s the subject of the new book, "Everybody Wants to Go to Heaven but Nobody Wants to Die: Bioethics and the Transformation of Health Care in America." The book’s authors, Dr. Amy Gutmann and Dr.
Read in CBS News: https://apple.news/
Officials Just Confirmed Cases of Measles in Las Vegas and Disneyland
Health officials recently confirmed that a traveler who visited Las Vegas Boulevard — also known as the Strip — earlier this month has been diagnosed with measles. They're advising people who traveled to the city between Aug. 1 and Aug. 6 to check their immunization status or contact their health care provider if they're not...
Read in The Points Guy: https://apple.news/AjLU_
A Superbug Salmonella Sickened Hundreds of People Through Cheese, Beef, and Raw Milk
According to a new report from the Centers for Disease Control and Prevention, an outbreak of superbug salmonella sickened hundreds of people and hospitalized dozens over the past two years. But what makes the incident especially scary is that the outbreak was transnational, having likely come from cattle in both the U.S. and Mexico. It may very well be a harbinger of even worse outbreaks to come.
Read in Gizmodo: https://apple.news/
USA / CANADA
With the global economy slowing and the U.S.-China trade war escalating, Trump arrives at G-7 with a list of grievances
The president comes bearing more complaints than guidance for global powers facing challenges including climate change and a looming global recession.
Read in The Washington Post: https://apple.news/
'China is not paying for it': Trump tariff hike hits everyone from beer brewers to book publishers
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.
Read in CNBC: https://apple.news/
White House says Trump's only regret in China trade war is not 'raising the tariffs higher,' as allies press restraint
White House says Trump's only regret in China trade war is not 'raising the tariffs higher,' as allies press restraint
Read in ABC News: https://apple.news/AcBYJsL_
As U.S.-China trade war deepens, can Corporate America handle the uncertainty?
The further upping of trade barriers, along with President’s forceful response, threatens to further erode already sagging business confidence and trigger more weakness in U.S. business investment.
Read in MarketWatch: https://apple.news/AJs-
Why The Rest Of The World Could Push The U.S. Into A Recession
The U.S. has been immune from offshore economic maladies in the past. Maybe this time there will be too many of them.
Read in Forbes: https://apple.news/
IMF chief economist says it's getting harder to find bright spots in the economy
"As the year is progressing, it's getting harder to find those bright spots," Gita Gopinath tells CNBC.
Read in CNBC: https://apple.news/A-
Single-Family Housing Market Remains In A Flat Trend
Sales of new single-family homes fell 12.8 percent in July to a 635,000 seasonally adjusted annual rate, reversing a 20.9 percent surge last month.The July selling rate is about where it was in October 2017 and has been roughly flat between 550,000 and 725,000 since mid-2016.Rising home prices continue weighing on housing activity. Sales are unlikely to move significantly higher in the coming months, and new-home construction is unlikely to contribute significantly to growth in gross domestic
Read in Seeking Alpha: https://apple.news/
How the crisis in the Amazon threatens the future of the U.S. Midwest
The Amazon is a "weather engine," and studies show further deforestation has the ability to destabilize rainfall patterns and threaten food production.
Read in NBC News: https://apple.news/ALEUrjF1SS_
EMERGING MARKETS
Brazilian forces will fight Amazon fires
World leaders at the G-7 summit could be ready to declare the raging wildfires burning in the Amazon rainforest an international crisis. After dragging his feet for a few days, Brazil's president appears to be responding to the worldwide uproar by adding more boots to the firefight. Brazilian forces will deploy starting Saturday to border areas, indigenous territories and other affected regions. Brazil contains about 60% of the Amazon rainforest. The forest not only produces one-fifth of the
Read in CBS News: https://apple.news/
IMF dispatches technical staff team to Argentina
The International Monetary Fund is sending a technical team to Argentina on Saturday to discuss the policy plans of President Mauricio Macri's administration
Read in ABC News: https://apple.news/
Ghosts of 2002 ‘corralito’ spur Argentines to shun banks, stash cash at home
By Walter Bianchi BUENOS AIRES (Reuters) – It happened in 1989. It happened in 2002. Argentines who are old enough to remember do not want to go through it again. A run on the peso since the Aug. 11 primary election, which signaled that business-friendly President Mauricio Macri likely will not get re-elected, shocked Argentines...
Read in CreaWorldNews: https://apple.news/
Money Laundering: US crackdown on Venezuelan cash
Last year, a Venezuelan banker was convicted of running a $1.2bn money-laundering scheme, all with stolen government money. Investigators say most of the cash was used to buy real estate in Florida. The money was stolen from a country that is in a deep humanitarian and economic crisis. United States authorities have launched a renewed crackdown on these kinds of schemes. Al Jazeera's Andy Gallacher reports from Miami, US.
Read in Al Jazeera: https://apple.news/AMF-
Mexico president says new oil contracts depend on output, investment
Mexico's president Andres Manuel Lopez Obrador said on Friday that no new oil and gas contracts will be awarded to private firms if companies already awarded contracts do not produce crude or invest.
Read in Reuters: https://apple.news/A3_
Mexico sees jungle lakes evaporate amid lower rainfall
Some of the mystical blue-green jungle lakes of the Lacandon jungle in southern Mexico are drying up this year, the result of what experts say is an extended drought and rising temperatures in the region
Read in ABC News: https://apple.news/
MIDDLE EAST
Iran Says Ready to Expand Relations with Ukraine
Iranian President Hassan Rouhani has congratulated Ukraine on its Independence Day, calling for further enhancement of mutual cooperation between Tehran and Kiev.
Read in IFP News: https://apple.news/
Iranian-flagged oil tanker sought by US sets new destination
The saga of the Iranian-flagged oil tanker briefly detained in Gibraltar and sought by the United States amid heightened tensions between Tehran and Washington took a different turn Saturday.
Read in Fox News: https://apple.news/
US influence on the line if Israel has 'free hand' to bomb Iraq
Israeli attacks in Iraq signal need for some red lines with Iran.
Read in Al-Monitor: https://apple.news/A2DVn-
Israeli Super Tough F-35 Stealth Fighters Are Shaking Up the Middle East
Michael Peck Security, Middle East First reports of F-35s flying over Syria, then Iran, and now Iraq. As so often in the Middle East, especially in the shadow war between Israel and Iran, it’s hard to know exactly what happened. The tale changes with whoever tells it, and why they’re telling it. Still, we can make some educated guesses. Israel’s F-35 stealth fighters are positively supernatural: here, there and everywhere. In 2018, the Israeli Air Force claimed its new F-35s had attacked Iranian
Read in The National Interest: https://apple.news/AO_
Israel likely had a role in Iraq airstrike that has roiled US-Iraqi relations
The US government has assessed that Israel was likely involved in a strike that took place north of Baghdad last month, a strike that has complicated America's relationship with Baghdad, according to two US officials.
Read in CNN Politics: https://apple.news/
Israel secretly expanded its Iran fight to Iraq, and it risks igniting a much larger conflict
Israel appears to have expanded its fight against Iranian activities into Iraq, risking a major escalation. Several ammo depots controlled by Iraqi militias with ties to Iran have mysteriously exploded in recent months, and Israel is believed to be behind at least one of these strikes. "It is possible someone will react to these statements, that there will be a price to pay, that there will be a retaliation for this," a former US ambassador to Iraq told Insider. "Any attacks on Americans in Iraq
Read in Business Insider: https://apple.news/Amw-mP1_
AFRICA
Desperate Zimbabweans use cell phone transfers to get cashWith inflation soaring and cash in short supply, many Zimbabweans transfer funds using their mobile phones and pay a premium to get currency.
Read in ABC News: https://apple.news/Az9odF-
Read in ABC News: https://apple.news/Az9odF-
Press Release: Andersen Global Enters ZimbabweAndersen Global announced it has signed a collaboration agreement with Chimwamurombe Legal Practice (Zenas) in Zimbabwe. Andersen Global has built a presence in over 14 African countries in just under two years. Zenas was founded in 2015 and now has a team of 11 professionals who provide legal services to individuals, organizations, institutions and corporations....
Read in FurtherAfrica: https://apple.news/AtE0-
Zimbabwe: President Calls for Innovation in AgriculturePRESIDENT Mnangagwa says players in the agriculture sector should employ modern technologies to enhance productivity, boost food security and nutrition. Innovative solutions, he said, should help Zimbabwean products enter the global value chain. The President said this while officially opening the inaugural Zimbabwe Agricultural Show at the Exhibition Park in Harare yesterday. The fair was attended by Vice President Kembo Mohadi, ministers, senior Government officials, members of the diplomatic
Read in AllAfrica: https://apple.news/
Violence in Zimbabwe Is Escalating. But We Won't Stop Fighting for Our FreedomsA man holding Zimbabwe's national flag walks with other protesters as they march in the streets of Harare on August 16, 2019. Riot police in Zimbabwe fired teargas and beat demonstrators on August 16 during a crackdown on opposition supporters who have taken to Harare's streets despite a protest ban. Imagine coming home and finding your entire house ransacked, your valuables stolen and your children tied to poles, their backs bleeding from being whipped with a sjambok. The sight rips your soul
Read in TIME: https://apple.news/
Africa: Reversing the Growing Unemployment among African Universities Trained GraduatesRecently, I watched the heartbreaking story of a 24-year-old Kevin Ochieng, a first class honors degree graduate, whose excellent academic performance did not secure him a decent job. He articulated well how he worked hard, excelled in exams, and was looking forward to put his training and expertise into practice. Instead, he is still unemployed and living on the streets of Nairobi. I asked myself: How many young African graduates like Kevin are out there? A recent feature by the Nation titled “
Read in AllAfrica: https://apple.news/
South Africa sets up task team to prevent spread of African swine fever
South Africa has set up a task force to look urgently into ways to prevent the spread of an African swine fever outbreak, the agriculture ministry said on Saturday.
Read in Reuters: https://apple.news/
South Africa has set up a task force to look urgently into ways to prevent the spread of an African swine fever outbreak, the agriculture ministry said on Saturday.
Read in Reuters: https://apple.news/
Coffee growers help reforest Mozambique's Mount GorongosaOn the slopes of Mount Gorongosa, 400 Mozambican farmers are producing coffee that earns them cash incomes while at the same time restores the rapidly eroding rainforest
Read in ABC News: https://apple.news/
Mozambique, Russia sign energy, security dealsMozambique’s President Filipe Nyusi signed energy and security agreements with Russian’s Vladimir Putin on Thursday in the first visit by a leader from the southern African state in two decades. Nyusi’s visit came weeks his government signed a peace deal with former rebel movement Renamo and just two months before elections where the Mozambique leader...
Read in FurtherAfrica: https://apple.news/A_
US EXIM Bank to vote on US$5B loan to Mozambique LNGThe U.S. Export-Import Bank said on Thursday its board intends to vote on a $5 billion direct loan for the development of a liquefied natural gas (LNG) project in Mozambique, the bank’s biggest export financing deal in years. The government export lender said it has notified the U.S. Congress of the transaction, which will be...
Read in FurtherAfrica: https://apple.news/ACi_
ASIA
Chinese ship inches closer to Vietnam coastline amid South China Sea tensions
By Khanh Vu HANOI (Reuters) – A Chinese survey vessel on Saturday extended its activities to an area closer to Vietnam’s coastline, ship tracking data showed, after the United States and Australia expressed concern about China’s actions in the disputed waterways. The Haiyang Dizhi 8 vessel first entered Vietnam’s exclusive economic zone (EEZ) early last...
Read in CreaWorldNews: https://apple.news/AJ8K_
How US-Vietnam alliance blossomed as rivalry between China and the West intensified
“The enemy of my enemy is my friend.” So goes an ancient Middle Eastern proverb, which has reverberated across millennia with strategic pungency. In many ways, the same logic is driving one of the unlikeliest alliances of the 21st century, namely…
Read in South China Morning Post: https://apple.news/
China plans to fight Trump's trade war tariffs "until the end"
An official Chinese media outlet, the People's Daily, has fired back at President Trump's latest round of "barbaric" tariffs, and said they will keep fighting in the trade war "until the end," reports the South China Morning Post.
Read in Axios: https://apple.news/
Companies that import from China drop after Trump orders them to move
Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them to find alternatives to their Chinese operations.
Read in CNBC: https://apple.news/ALwrI_
The Chinese Tariff Fallout On U.S. Retailers
The Chinese government announced its retaliation on Aug. 23, saying tariffs will be imposed on American goods, including apparel, textiles, agriculture and chemicals.Most retailers in the U.S. are concerned about the higher costs associated with the tariffs.To date, there have been 23 negative EPS preannouncements for Q3 2019 compared to 9 positive preannouncements.
Read in Seeking Alpha: https://apple.news/AS4_
China Steals Fed’s Thunder With New Round of Tariffs | Action Forex
The US dollar is lower across the board against major pairs at the end of a volatile Friday. The speech by Fed chair Jerome Powell at Jackson Hole was the main event in the radar before China announced it was escalating its trade war with the US. The dollar was on the back foot, even […] The post China Steals Fed’s Thunder With New Round of Tariffs appeared first on Action Forex.
Read in Action Forex: https://apple.news/
China Weekly Letter: Retaliation is Not Over Yet | Action Forex
China retaliated against Trump’s tariff hikes on Friday. While countermeasures were expected, it was a reminder that the trade war is alive and kicking. The retaliation is not over, though. China stated this week that it will announce the names on its ‘unreliable entities list’ soon, a countermeasure to the sanctions on Huawei. USD/CNY moves […] The post China Weekly Letter: Retaliation is Not Over Yet appeared first on Action Forex.
Read in Action Forex: https://apple.news/
Petrol prices hit a five year high
Petrol prices have been slowly rising over the past five years and is eating into household incomes across Australia, a new report shows.
Read in Daily Mail: https://apple.news/
EUROPE
No-deal Brexit would shrink UK's global influence, say ex-ambassadors
Former senior diplomats write to PM urging him to ‘signal a different approach’ at G7 summit Leaving the European Union without a deal would vastly shrink the UK’s international influence and would represent “the biggest unilateral abandonment” of long-term British interests in modern history, a group of former ambassadors have claimed. In a letter, signed by 25 former senior diplomats and published in the Times, they urged the prime minister, Boris Johnson, to “signal a different approach” at
Read in the guardian: https://apple.news/
EU will 'respond in kind' if US imposes tariffs on France over digital tax
"I will protect French wine with genuine determination for many reasons," Tusk said.
Read in Fox News: https://apple.news/A-
European investors find a bright spot in Brexit's murk: gilts
Volatile sterling and the prospect of a damaging no-deal Brexit aren't hurting demand for British government bonds among foreign money managers, who are betting the debt will outperform if the UK does end up making a disorderly exit from the European Union.
Read in Reuters: https://apple.news/
Why John Bolton Is Pushing Hard For Britain to Leave the European Union
D. Parvaz Brexit, Europe What is at stake? National security adviser John Bolton made an extraordinary promise while on a visit to London Monday, pledging that the United Kingdom would jump to the “front of the queue” for trade with the United States if it went ahead and left the European Union. Already, some are concerned that the promise of such trade favoritism might prompt an inevitable no-deal Brexit, the kind U.K. officials have long hoped to avoid. “If that’s the decision of the British
Read in The National Interest: https://apple.news/
Brexit: EU 'willing to listen' to Boris Johnson's ideas, says Donald Tusk
Donald Tusk says he "will not co-operate on no-deal" ahead of Brexit talks with Boris Johnson.
Read in BBC News: https://apple.news/
Confidential papers reveal northern councils bracing for Brexit food and fuel shortages | Press and Journal
North-east and Highland councils are preparing for potential no-deal Brexit fuel, food and medicine shortages, confidential papers have revealed. The documents, obtained under freedom of information laws, show Aberdeen City Council have even been forced to consider the impact on school menus, with officials noting that “there is a risk we will be unable to meet the nutritional content required” if there are food shortages. The papers, entitled the “Risk Register”, also spell out concerns that a
Read in The Press and Journal: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Monday 8/26/19 did update on the indicative rates Sell Rate 1190
The currency auction is 247,352,557
There is one news and announcements.
Call for online seminar
Issued by the Accounting Board of the Accounting and Auditing Organization for Islamic Financial Institutions.
August 26, 2019
Issued by the Accounting Board of the Accounting and Auditing Organization for Islamic Financial Institutions.
August 26, 2019
The Accounting Board of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) issued the Financial Accounting Standard (FAS) No. 35 concerning the risk reserves. Listen publicly.
To register, please send an email to aalryashi@aaoifi.com »To view the invitation click here
To register, please send an email to aalryashi@aaoifi.com »To view the invitation click here
Al-Rafidain: loans of 100 million dinars allocated for the purchase of housing units in investment projects
Release date:: 2019/8/26 8:44 • 935 times read
Rafidain Bank announced that the granting of loans of 100 million dinars maximum for employees and 50 million citizens to be for the purpose of buying housing units in residential investment projects in Baghdad and the provinces.
"The investment companies wishing to market and support their housing units and complexes should visit the bank's general administration for the purpose of coordination, cooperation, providing necessary support and activating the national economy to solve the housing crisis," the bank's office said in a statement.
He pointed out that "the bank will identify other names of residential complexes in Baghdad and the provinces for the purpose of informing the citizen of apartments and in this light is granted loans to buy those units."
He pointed out that "the bank will identify other names of residential complexes in Baghdad and the provinces for the purpose of informing the citizen of apartments and in this light is granted loans to buy those units."
ISX Update:
Monday
No update yet
Sunday
Value Traded
1,882,573,952
Shares Traded
612,363,585
ISX ended in Red
Kauaihn Chatter:dd
http://www.dinarguru.com/
8-26-2019 Newshound Guru Don961 Article: "Iraqi coins that were previously in use" Quotes: "there is a step to delete the zeros preceding the coinage process to be a value for small groups to large."; "It is noteworthy that the Iraqi dinar, which was equal to 3.22 dollars before Iraqs invasion of Kuwait in 1990..."
8-25-2019 Intel Guru Bluwolf First off we are at a great moment to receive this BLESSING on schedule I might say. All is moving along according to the actual and only plan. Securities are in place and on highest of alerts so are all banks and there personnel...All leaders around the world are pushing both this Global Currency Reset and this Revaluation scenario forward and so you know there is no delays no upsets and definitely no way back and this has been guaranteed.
8-25-2019 Intel Guru Frank26 ...The interview that occurred today happened via an Iraqi newscast. It was an interview to be aired only inside of Iraq. It consisted of two big wigs...they met unexpectedly with the media...IMO I think it could be the Minister of Finance...and a board member of the CBI...they are going to replay this interview that you're gonna find out about tomorrow over and over and over again to give the citizens more and more understanding of what is soon to come to them in their currency reform...this interview is to explain the intent of the Central Bank of Iraq to add value to their currency for the citizens...I'm very very curious to see this interview tomorrow...the media has to release it. How is it that we got it? Our fireflies were there...
8-25-2019 Newshound Guru G-Lin Article: "Economist: The central bank follows a fiscal policy to keep the exchange rate of the dinar against the dollar steady" This sounds like a fixed rate to me. I can't imagine spending the amount of money coins will cost and not have an increase in value...
8-25-2019 Intel Guru Frank26 ...They did it again! They came back and and said, 'You know the coins? We're bringing them out. Here's why." Wow...everything is ready. It's been ready...The CBI knows that they're about to lift the zeroes. They don't need anybody talking for them anymore...The CBI knows what they are doing...when they are ready to talk they'll put out what we called the second article from the CBI...
8-25-2019 Newshound Guru Don961 Article: "Economist: Reprinting the coin will reduce the burden of paper damage" Quote: "With regard to the possibility of raising the price of the dinar against the dollar, Al-Okaili said, "The central bank is tired of a fiscal policy to keep the exchange rate of the dinar against the dollar unchanged for not entering inflation." Talking again...appears the CBI is tired of of holding the exchange rate steady/unchanged ...what do they have in mind?
8-25-2019 Newshound/Intel Guru Jeff ...in our forum we try to shoot for factual proof...that way there's no BS. After Kurdistan and Baghdad come into agreement on those items [HCL & Article 140]...what we're looking for is to see if they advance straight to the formation of the government or if they work on another task...that's gonna tell us exactly where we stand. If they move straight into the formation of the government that means there's nothing left. The stage is fully set and they're ready to change the rate. That's what we're looking for. Those facts will confirm everything for you.
8-25-2019 Newshound Guru Kaperoni We do not want them to delete the zeros, because that's a LOP. What we do want is for the rate to increase. And the only reasonable means to accomplish that is via a float allowing the dinar to rise as investment comes into Iraq. Anything else does not benefit us. ...You cannot significantly RV the dinar with excess of 42 trillion in circulation unless you can significantly reduce the money supply first. Hard to do unless gradual. ...We don't want a redenomination/LOP. Those are neutral events. It's current rate is its real value. Unless they float the currency and let market forces set the rate.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
*************
ARTICLE 1 (from PM Mahdi's website; posted only on Arabic side, not on English side; 8 pix)
The Prime Minister and Commander-in-Chief of the Armed Forces, Adel Abdul Mahdi, greets the armed forces of all kinds and formations
Prime Minister and Commander-in-Chief of the Iraqi Armed Forces, Adel Abdul Mahdi, hailed the Iraqi forces of various kinds and configurations during his tour today in a number of military sites that included the Anbar Operations Command and the headquarters of the Air Force and Air Defense Command.
The Prime Minister said: We have launched the fourth phase of the process of the will of victory to clear the land of the remnants of ISIS, which is very important operations and that our forces that achieved victory and liberated cities and made precious sacrifices to sustain the movement and momentum and initiative and intelligence work and surprise the enemy and not give him any chance to catch his breath in harmony And the coordination that prevails the relationship between the various classes and formations in our heroic armed forces.
The Prime Minister stressed the need to strengthen the relationship between our forces and our people, a relationship that we cherish and emphasize its importance and preservation, noting that all attempts to tear our people and provoke strife have been shattered in front of its cohesion and unity and will be shattered in the future, warning of the danger of spreading frustration in the souls through misleading campaigns It must be realized that psychological warfare is half the battle and that creating frustration among the citizens serves only the enemy.
The Commander-in-Chief directed the commanders and commanders in various categories to continue working to enhance the capabilities of the armed forces and enable them to perform their tasks in clearing our land of terrorism and defending Iraq and its sovereignty.
Information Office of the Prime Minister
25-Aug-2019
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ARTICLE 2 (from Government of Iraq twitter account)
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 8-25-2019 around 11:15 am Eastern
Mehdi Darwish and his team at the ports of #Basra work hard to apply international regulations to ensure the security of crews, ports, ships and cargo. Let us meet this Iraqi public servant in the new episode of #DedicatedToService
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ARTICLE 3
Iraq defines its options and its official position in protecting its security and safeguarding its sovereignty
2019/8/25 16:24
[Baghdad-Where]
Iraq has resolved its official choice and position in protecting its security and safeguarding its sovereignty from bombing its territory.
"Iraq and its government put all diplomatic and legal options at the forefront of its priorities in order to prevent any external interference in its internal affairs," Foreign Minister Mohammed Ali al-Hakim said during a meeting with British Ambassador John Wilkes, Chargé d'Affaires Jochen Müller, and Charge d'Affaires Jean-Noble at the French embassy. "Preserves the security and sovereignty of Iraq and its people."
He expressed his "aspiration to cooperate to achieve security and peace in the region, stressing Iraq's commitment to conclude its relations in accordance with the principle of activating common interests, and to face common risks, reflecting its specificity and strategy."
"We want to preserve the strategic nature of relations and believe that Iraq can play a pivotal and essential role in supporting stability in the Middle East," he stressed.
He pointed out that there are challenges facing the region at this stage, and everyone should adopt the language of calm, and adopt the principle of dialogue, and not to interfere in the internal affairs of countries, and preserve their sovereignty.
Minister al-Hakim gave a comprehensive overview of the developments in Iraq and the region, stressing the importance of achieving cooperation in light of the challenges facing the region to support peace and stability.
He expressed his "aspiration to cooperate to achieve security and peace in the region, stressing Iraq's commitment to conclude its relations in accordance with the principle of activating common interests, and to face common risks, reflecting its specificity and strategy."
"We want to preserve the strategic nature of relations and believe that Iraq can play a pivotal and essential role in supporting stability in the Middle East," he stressed.
He pointed out that there are challenges facing the region at this stage, and everyone should adopt the language of calm, and adopt the principle of dialogue, and not to interfere in the internal affairs of countries, and preserve their sovereignty.
Minister al-Hakim gave a comprehensive overview of the developments in Iraq and the region, stressing the importance of achieving cooperation in light of the challenges facing the region to support peace and stability.
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ARTICLE 4
Abdel Wahed: The government is obliged to declare its position on foreign aggression and clarify what is happening
2019/8/25 21:53
[Baghdad-Where]
A member of the Reform Movement, Sarwa Abdel Wahed, called on the government to declare its position on foreign aggressions on Iraqi soil.
Abdel-Wahed said in a tweet on Twitter: "With repeated external attacks on Iraqi territory and targeting military sites."
"The government is obliged to declare its position and clarify what is going on and to use its powers and diplomatic relations not to drag Iraq into war.
The Anbar Operations Command announced the martyrdom of two fighters of the Popular Mobilization and the injury of another bombed two planes marching in Anbar, 15 km from the Iraqi-Syrian border, killing two fighters from the brigade 45 and wounding another and burning two wheels.
It was the fifth bombardment of the Popular Mobilization Forces and its weapons depots in various parts of the country. Foreign Minister Mohammed Ali al-Hakim said that "Iraq and its government put all diplomatic and legal options at the forefront of its priorities;
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ARTICLE 5
Integrity reveals the recovery of $ 50 million from an oil contract
2019/8/25 18:39
[Baghdad-Where]
The Integrity Commission revealed on Saturday the results of the investigation team on the violations of the contract of the distribution of oil products and an investment company, indicating the recovery of $ 50,000,000 million to the state treasury.
The Authority's Investigations Department indicated that it has formed a special team to investigate and investigate violations of the contract concluded between the two companies, pointing out that its efforts have resulted in the recovery of $ 50,181,722 million for the benefit of the Oil Distribution Company through the return of Sukuk disbursed to the investment company during the years (2017). -2019) was disbursed as receivables for the processing of electric power, explaining that the company has stopped issuing an order to supply the material (naphtha) to the investment company, and calculate the amount paid by it as a payment for part of the fines imposed on them.
She added that "the total amount of the fine imposed on the investment company amounted to (58,240,527) million dollars," adding that "its receivables recorded in the records of the Oil Products Distribution Company have been withheld, and the amount of the remaining financial fines amounting to 7,488,106 million dollars." Dollars to be deducted from their dues. "
The Department confirmed that "the Federal Office of Financial Supervision - Department of Audit of Industrial Activity, in a letter to the Integrity Commission, supported the recovery of $ (50,181,722) million from the investment company for the benefit of the company distributing oil products, which in turn referred to the authority to recover the amount mentioned for its benefit" .
She stressed that "the erection and calibration of the meters for the power plant of the investment company resulted in the recovery of funds, and determine the amounts owed due to the company, as well as stop wasting public money that may occur; as a result of not setting the meters."
She added that "the total amount of the fine imposed on the investment company amounted to (58,240,527) million dollars," adding that "its receivables recorded in the records of the Oil Products Distribution Company have been withheld, and the amount of the remaining financial fines amounting to 7,488,106 million dollars." Dollars to be deducted from their dues. "
The Department confirmed that "the Federal Office of Financial Supervision - Department of Audit of Industrial Activity, in a letter to the Integrity Commission, supported the recovery of $ (50,181,722) million from the investment company for the benefit of the company distributing oil products, which in turn referred to the authority to recover the amount mentioned for its benefit" .
She stressed that "the erection and calibration of the meters for the power plant of the investment company resulted in the recovery of funds, and determine the amounts owed due to the company, as well as stop wasting public money that may occur; as a result of not setting the meters."
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