WOTS Friday 8/16/19
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1166.7000 | 1166.6000 | 1166.7000 | | 00:00 |
| USD/VND | | | 23080.8300 | 23080.8300 | 23080.8300 | | 01:30 |
| USD/CNY | | | 7.0448 | 7.0330 | 7.0330 | | 04:27 |
| USD/KWD | | | 0.3035 | 0.3033 | 0.3033 | | 04:26 |
| GBP/USD | | | 1.2155 | 1.2075 | 1.2079 | | 04:27 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 00:00 |
| USD/IDR | | | 14270.0000 | 14115.0000 | 14224.0000 | | 04:27 |
CNBC Link:
CNBC Morning Squawk Link:
No link yet
DC NY Iraq Articles:dd
Japan announces historic decision on Iraq
Date of edit:: 2019/8/16 8:21 • 1407 times read
The Embassy of Japan in Iraq, has begun issuing visas for Iraqis wishing to visit Japan from inside Baghdad and Erbil as of August 20.
"In order to meet the many requests from Iraqi citizens wishing to visit Japan as tourists and to celebrate the 80th anniversary of the establishment of diplomatic relations between Japan and Iraq, the Embassy of Japan in Iraq and the Japan Consular Office in Erbil will begin issuing all categories," the embassy said in a statement received by Rudaw Media Network. Japanese visa. "
`` All requests, except for the cases listed below, must be submitted through the approved travel agencies in Iraq as of August 20, 2019, '' the statement said.
He continued: "The Embassy of Japan in Iraq and the Japan Consular Office in Erbil will receive the following visa applications immediately: Visa for those traveling to Japan for diplomatic and official purposes with the provision of an official letter issued by the relevant authorities in Iraq, and visa for those invited by the Government of Japan or administrative agencies Independent of Japan (eg Japan International Cooperation Agency (JICA), Japan Foundation, Japan Foreign Trade Organization (JETRO), visa for scholarship from the Government of Japan, and visa for those in need of urgent humanitarian assistance. "
He pointed out that "as of August 20, 2019, the Embassy of Japan in Jordan and the Consulate General of Japan in Dubai will not receive visa applications for Iraqi citizens only those who have a basic residence in Jordan or the United Arab Emirates."
"The Embassy of Japan in Iraq and the Japan Consular Office in Erbil will charge the visa fee once the visa is granted. In addition, the agencies will collect the application fee for all visa applicants in addition to the visa fee," he said.
This is the first time a visa has been granted to Japan from Baghdad and Erbil, where it was previously issued outside Iraq and specifically in the UAE and Jordan.
`` All requests, except for the cases listed below, must be submitted through the approved travel agencies in Iraq as of August 20, 2019, '' the statement said.
He continued: "The Embassy of Japan in Iraq and the Japan Consular Office in Erbil will receive the following visa applications immediately: Visa for those traveling to Japan for diplomatic and official purposes with the provision of an official letter issued by the relevant authorities in Iraq, and visa for those invited by the Government of Japan or administrative agencies Independent of Japan (eg Japan International Cooperation Agency (JICA), Japan Foundation, Japan Foreign Trade Organization (JETRO), visa for scholarship from the Government of Japan, and visa for those in need of urgent humanitarian assistance. "
He pointed out that "as of August 20, 2019, the Embassy of Japan in Jordan and the Consulate General of Japan in Dubai will not receive visa applications for Iraqi citizens only those who have a basic residence in Jordan or the United Arab Emirates."
"The Embassy of Japan in Iraq and the Japan Consular Office in Erbil will charge the visa fee once the visa is granted. In addition, the agencies will collect the application fee for all visa applicants in addition to the visa fee," he said.
This is the first time a visa has been granted to Japan from Baghdad and Erbil, where it was previously issued outside Iraq and specifically in the UAE and Jordan.
Establishment of a Chamber of Commerce between the Kurdistan Region and Europe
Release date:: 2019/8/16 11:38 • 17 times read
The head of the Federation of Chambers of Commerce and Industry in the Kurdistan region to start a "strong economic movement" in the region.
"There have been attempts for a long time to open a joint chamber of commerce between the region and Europe," Abdul Wahid Mohammed, director of the Erbil Chamber of Commerce and Industry, told reporters.
He added that "the Chamber of Commerce is important in promoting trade and industrial relations between the provinces of the region and European countries, pointing out that branches of the Chamber of Commerce will be opened in the provinces of the region.
For his part, said Dara Khayat, president of the Federation of Chambers of Commerce and Industry in the region that "there are a large number of foreign companies invested in the region, noting that after the improvement of the economic situation in the region, there is a strong economic movement witnessed in the region."
He added that "the Chamber of Commerce is important in promoting trade and industrial relations between the provinces of the region and European countries, pointing out that branches of the Chamber of Commerce will be opened in the provinces of the region.
For his part, said Dara Khayat, president of the Federation of Chambers of Commerce and Industry in the region that "there are a large number of foreign companies invested in the region, noting that after the improvement of the economic situation in the region, there is a strong economic movement witnessed in the region."
Baghdad sends the salaries of employees of the region and determine the date of disbursement
Date of edit:: 2019/8/16 11:41 • 22 times read
A source in the Federal Ministry of Finance, on the resumption of the payment of salaries of employees of the Kurdistan region on Sunday.
The source explained in a press statement, on Friday, that "the distribution of salaries of employees of the region for the month of May, resumes on Sunday, and that the distribution of salaries of the Council of the judiciary in Kurdistan."
He added, "The federal government will send on Monday the salaries of employees to the region, which accelerates the distribution of salaries of all ministries that did not receive before Eid al-Adha," stressing that "all ministries will receive their salaries during the next week."
He added, "The federal government will send on Monday the salaries of employees to the region, which accelerates the distribution of salaries of all ministries that did not receive before Eid al-Adha," stressing that "all ministries will receive their salaries during the next week."
Warning of a new global economic crisis
Date of edit:: 2019/8/16 8:43 • 329 times read
The Times newspaper warned of a new global economic crisis.
Bond markets are sending strong indications, but they are signals of a message that no one wants to hear.
It adds that for the first time ever, the yield on 30-year notes in the United States fell below 2 percent.
Markets are reacting to a series of economic data pointing to a slowing global economy.
Manufacturing output in China fell this year to its lowest level in 17 years, and the German economy contracted by 0.2 percent in the second quarter of this year, the same in Britain.
The paper says that the current period of concern in the entire world for fear of an imminent economic recession, but the concern in Britain more than others, as it is about to leave the European Union and the challenges that bring to the economy.
It adds that for the first time ever, the yield on 30-year notes in the United States fell below 2 percent.
Markets are reacting to a series of economic data pointing to a slowing global economy.
Manufacturing output in China fell this year to its lowest level in 17 years, and the German economy contracted by 0.2 percent in the second quarter of this year, the same in Britain.
The paper says that the current period of concern in the entire world for fear of an imminent economic recession, but the concern in Britain more than others, as it is about to leave the European Union and the challenges that bring to the economy.
In pictures .. US military campaign south of Mosul
Date of edit:: 2019/8/16 9:11 • 393 times read
The United States announced a security campaign against sleeper cells of ISIS terrorist gangs near Qayyarah airport south of Mosul in coordination with the Iraqi army.
The US Central Command - in a tweet on the social networking site Twitter, that "US soldiers from the 1st Brigade Combat Brigade 101st Airborne, on a mission against IS positions near Qayyarah Airport, (south of Nineveh province), to eliminate sleeper cells and ensure permanent defeat To the terrorist organization. "
"Despite losing its regional caliphate, ISIS has strengthened its capabilities in Iraq and resumed its activities in Syria during the current quarter," the report said.
He added that ISIS has been able to "consolidate and support operations" in both countries, in part because local forces are "unable to continue long-term operations, simultaneously launch operations, or preserve the territory" they have recovered.
"Despite losing its regional caliphate, ISIS has strengthened its capabilities in Iraq and resumed its activities in Syria during the current quarter," the report said.
He added that ISIS has been able to "consolidate and support operations" in both countries, in part because local forces are "unable to continue long-term operations, simultaneously launch operations, or preserve the territory" they have recovered.
Kauaihn Iraq Articles:dd
Parliamentary Committee: We will allocate most of the next legislative term to evaluate the work of the government
2019-08-16 | 03:39
Hazem al-Khalidi, member of the parliamentary committee to follow up the implementation of the parliamentary program, said on Friday that the next legislative term will focus on the government evaluation from the ministers to the prime minister.
Khalidi said in an interview with Alsumaria News, "Most of the paragraphs that have been applied and given priority in the program of the prime minister are not important and the citizen did not touch anything clear of them," noting that "the government's actions so far did not address unemployment and the housing crisis and the protection of local product and agricultural side." .
Al-Khaldi added that "the prime minister, after one year of his government, is required to reconsider the priorities of work in the government program, especially that through reviewing the procedures followed we found a big difference between the government program and the ministerial curriculum and when we make an assessment of everything that exists in the program we find that it is only a Ink on paper. "
He pointed out that "among the observations we have, there is a paragraph of the government assessment of achievement has been referred to traffic congestion and congestion has been completed and the completion of this paragraph by 100% and do not know where this percentage came and what measures the government team to end the congestion, which is still ongoing We find the construction of tunnels, bridges or procedures on the ground, such as the construction of metro or other support this assessment and we did not find a country in the world imports cars as we found in Iraq. "
"We agreed with the Presidency of the Council to allocate a large part of the next legislative term for the purpose of the government evaluation, specifically from the ministers to the Prime Minister," Khalidi said.
Al-Khaldi added that "the prime minister, after one year of his government, is required to reconsider the priorities of work in the government program, especially that through reviewing the procedures followed we found a big difference between the government program and the ministerial curriculum and when we make an assessment of everything that exists in the program we find that it is only a Ink on paper. "
He pointed out that "among the observations we have, there is a paragraph of the government assessment of achievement has been referred to traffic congestion and congestion has been completed and the completion of this paragraph by 100% and do not know where this percentage came and what measures the government team to end the congestion, which is still ongoing We find the construction of tunnels, bridges or procedures on the ground, such as the construction of metro or other support this assessment and we did not find a country in the world imports cars as we found in Iraq. "
"We agreed with the Presidency of the Council to allocate a large part of the next legislative term for the purpose of the government evaluation, specifically from the ministers to the Prime Minister," Khalidi said.
Interior Minister reveals efforts to open Al-Muntheriyah crossing to Iranian visitors
2019/08/16 10:51:53 AM
Baghdad / Al-Ghad Press:
Interior Minister Yassin al-Yasiri on Friday unveiled efforts to open the Muntheriyah border crossing with Iran to Iranian visitors, stressing that visitors can visit Iraq and participate in the 40th visit with a passport only.
"The head of Iran's internal security forces, Brigadier-General Hossein Buyar, met in Baghdad with Iraqi Interior Minister Yassin Taher al-Yasiri," Fars news agency reported.
During the meeting, Brigadier General Buyar pointed to the depth of the good and long relations between the Iranian and Iraqi peoples in light of the many common bonds between them.
Ashtari thanked the Iraqi people for hosting Iranian pilgrims participating in the 40th anniversary of Imam Hussein, adding that "we are ready to put our expertise at the disposal of the Iraqi police to improve its level and to benefit from the experiences of the Iraqi side."
He pointed out that "30 thousand members of the Iranian internal security forces during the period of the forty visit to provide security and facilitate the travel of Iranian visitors inside Iran on their way to Iraq to participate in the ceremony."
For his part, Iraqi Interior Minister Yassin al-Yasiri praised "the support of the Islamic Republic of Iran to Iraq, which was manifested especially in confronting the terrorist organization Daesh."
"The Iraqi police need the expertise of the Iranian police," Yasiri said, adding that "a delegation from Iraq had previously visited Iran to identify the possibilities and gain experience from the Iranian side."
He pointed out that "the visitors of the Iranian Arbain can visit Iraq and participate in the ceremony on the passport only without the need for a visa," revealing "efforts are being made to open the Khosravi crossing (Mundhiriyah) to the visitors of the forty as well."
The secret of a US military unit moving inside Iraqi cities "not affected by censorship"
2019-08-16 | 04:16
The secret of a US military unit moving inside Iraqi cities "not affected by censorship"
An Arab newspaper reported on Friday that a US military unit, known as the Task Force, is protecting the US embassy staff in Baghdad, adding that the force is moving inside Iraqi cities "untouched" and authorized to fire live ammunition.
Unlike other embassies and foreign missions in Iraq, US embassy staff in Baghdad now have the largest strength among their counterparts, known as the US Task Force, the name at least common to Iraqis.
An Arab newspaper reported on Friday that a US military unit, known as the Task Force, is protecting the US embassy staff in Baghdad, adding that the force is moving inside Iraqi cities "untouched" and authorized to fire live ammunition.
Unlike other embassies and foreign missions in Iraq, US embassy staff in Baghdad now have the largest strength among their counterparts, known as the US Task Force, the name at least common to Iraqis.
The newspaper pointed out that US officials do not discuss or address the forces charged with the protection of Americans working in Iraq at the media level, which has increased the number and processing since the US-Iranian escalation in the region, about two months ago, according to an Iraqi official, adding that it is "a force authorized to use ammunition And respond to various threats that may affect the members of the US diplomatic mission or the American citizens in Iraq, working in stabilization programs for the liberated Iraqi cities or participating in some rehabilitation operations in the infrastructure, such as the health and education sectors.
According to the same official, the force is licensed by the Iraqi government similar to the security units of foreign security companies charged with protecting other Western missions in Iraq, but for the American unit is the largest, he told the newspaper Al-Arabi new, that accompanying Iraqi forces usually "comes within the security coordination To prevent friction between those forces and specific factions within the PMF. "
The US military contingent, which is moving inside liberated Iraqi cities from time to time, was re-argued after photos taken by activists in Mosul last week, justified by local sources as a force accompanying US-sponsored stabilization program managers in cities in northern and western Iraq.
The force possesses armored vehicles with anti-missile and mines mounted with 23-mm machine guns with various weapons belonging to the force, including shoulder-mounted bombers, as well as an integrated military medical ambulance, according to an army intelligence official, who said the force was equipped to fight in the event of an attack or To try to kidnap an American employee.
The official said in an interview with the "New Arab", that the force is directly connected with the US forces in Iraq and are located in several bases, which can ask for support at any time, but did not happen.
None of the US officials at the embassy was attacked or threatened, except for the Katyusha rocket that struck the embassy in Baghdad two months ago, causing no casualties.
None of the US officials at the embassy was attacked or threatened, except for the Katyusha rocket that struck the embassy in Baghdad two months ago, causing no casualties.
Last week, members of parliament in the "Building Alliance" called for "disclosing the significance of the presence of a US force in Mosul seen in neighborhoods of the city last Tuesday."
MP Faleh al-Khazali said that "scenes of American power in Mosul are provocative," blaming Prime Minister Adel Abdul-Mahdi, "the responsibility of US deployment, and harm Iraqi sovereignty," while others considered images of US troops in Mosul as requiring clarification from the government.
However, an officer in the Nineveh Operations Command told Al-Arabi Al-Jadeed that the photographs taken by the citizens belong to the US Mission Protection Assistance Unit, which is helping Mosul, and is not part of the US military, and was accompanied by Iraqi forces as usual.
He pointed out that the force that raised the issue, entered with officials in a US program to help the population of Mosul, in terms of efforts to rehabilitate the health sector destroyed by the war.
He revealed that the military unit is moving between different cities and with the knowledge of the Iraqi government, usually accompanied by Iraqi forces from Baghdad and other forces present in the area to be visited are ready to help and coordination.
Badr al-Ziyadi, a member of parliament's Security and Defense Committee, said, "The American force is assigned to combat missions, and here we must ask the prime minister about the repeated American military movements inside the cities for some time, and came to the conclusion that US oil companies are using security units to protect them."
For his part, retired Major General Ali al-Taie, considered that the lifting of US forces to protect its mission in Iraq is part of the state of tension in the region as a whole, and Iraq may be the start of the confrontation between Washington and Iran, not the waters of the Arabian Gulf.
"As for the government, it is committed to agreeing to the protection of the missions, but at the same time it finds that the movement of the Russian ambassador in Baghdad is different from that of the ambassador or employee of the US embassy, so these American measures do not mind to protect its mission, especially since the situation can not be guaranteed in that it is It will not be attacked, so this force or other necessity and objection by political blocs falls within the policy pursued by blocs close to Iran or those that adopt its agenda in Iraq.
US forces launch military campaign against ISIS in northern Iraq
16/08/2019 68
Kalkamsh Press / Baghdad
The US Central Command in Iraq announced Friday that it has launched a security crackdown against the sleeper cells of ISIS in coordination with the Iraqi army in the north of the country.
"US soldiers from the 1st Brigade Combat Team, 101st Airborne Division, are conducting a mission against ISIS positions, near Qayyarah Airport in Mosul, south of Nineveh province," the command said in a statement seen by Gilgamesh Press.
She pointed out that "the operation aims to eliminate sleeper cells, and ensure the permanent defeat of the terrorist organization."
A US soldier was killed during a joint patrol with Iraqi forces last week, and investigations are underway. 16-08-2019 11:52 AM
Turkey bombs northern Iraq
16-08-2019 11:52 AM
Baghdad / News
The Turkish Defense Ministry said the army bombed PKK positions in northern Iraq.
The ministry said in a tweet on Twitter to communicate, on Friday, that the air strikes carried out by the army targeted sites in the area of Zap in northern Iraq, in parallel with "Operation Claw," according to the official "Anatolia" Turkish news agency.
The raids also targeted PKK hideouts, shelters and weapons
On May 27, Turkey launched Operation Claw in the Hakurk region of northern Iraq to target PKK elements and positions.
Ankara launches military operations against the PKK inside the country and in northern Iraq in response to PKK attacks on Turkish security forces.
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
FOR TWITTER ACCT
Just send a text message from your cell phone to:
40404 (may have to add 40404 as a contact first) Then send a message that says: Follow @FactsnOpinion1 and you will join their twitter feed and instantly get the doc. You do NOT have to join twitter to get tweets
ONLY SPACE IS AFTER FOLLOW
who are on their computers to go to:
to get to our twitter feed
GLOBAL/NEWS/INFO
Today in HistoryToday in History
Read in ABC News: https://apple.news/AabOQ0R-
Read in ABC News: https://apple.news/AabOQ0R-
10 Things to Know for Today
Among 10 Things to Know: Philadelphia gunman in custody after hourslong standoff; US move halts release of Iranian tanker held in Gibraltar; Modi clamps down on Kashmir, and India loves him for it
Read in ABC News: https://apple.news/A9O0-
The Global Economic Picture Is Getting Darker
The U.S.-China trade war, Brexit, and weaker economic fundamentals in Japan and the EU are slowing global growth.The weakness is manifesting in manufacturing.It's highly doubtful we'll see any meaningful change in policy in the near future.
Read in Seeking Alpha: https://apple.news/A3Q60z2_
Raoul Pal: Global Recession Risks Are Rising
We just hosted a conversation between Macro guru and Real Vision co-founder Raoul Pal and Hedgeye CEO Keith McCullough.Pal sees rising recession risk in the global economy."We're now in the longest cycle in all recorded U.S. history. So it's already very long in the tooth. The structure of the cycle looks negative," says Pal.
Read in Seeking Alpha: https://apple.news/A_
OIL/COMMODITIES/ENERGY
Oil Prices Down on Crude Inventory Build
Commodities Aug 15, 2019 05:45 GMT Investing.com - Oil prices were down on Thursday in Asia after the U.S. Energy Information Administration (EIA) reported a crude inventory build for a second week in a row. U.S. Crude Oil WTI Futures dropped 0.4% to $54.99 by 1:45 AM ET(05:45 GMT). International Brent Oil Futures lost 0.6% to $59.12. The EIA reported a 1.6-million-barrel crude build in the week to August 9 versus market expectations for a 2.8-million-barrel draw. At 440.5 million barrels,
Read in Investing.com: https://apple.news/
Crude Oil's Rebound Gets Boost On Trade
We had tanking Treasury yields, the shutdown of the Hong King airport, fears of an Argentinian debt default, federal government spending at a record $3.73 trillion in the first 10 months of fiscal 2019 and a deficit of $867 billion.The oil market was able to withstand mounting economic headwinds as it prepares for what should be a big drop in U.S. crude supply and the fact that Saudi Arabia is already reducing allocations of oil to their customers as they start to lay the groundwork for its
Read in Seeking Alpha: https://apple.news/
Oil lower on crude inventories, downbeat China, Europe data
Oil futures trade lower after an industry group reportedly sees an unexpected rise in crude inventories and investors digest a round of downbeat economic data from China and Europe.
Read in MarketWatch: https://apple.news/
Import prices rise in July on higher cost of oil, but still not adding to U.S. inflation
The cost of imported goods rose modestly in July after a big drop in the prior month, largely reflecting a rebound in oil prices. Yet imports still aren’t adding to U.S. inflation more broadly. The import price index rose 0.2% last month.
Read in MarketWatch: https://apple.news/AHB3u-
Gold Prices Rebound Amid Safe-Haven Demand as Stock Markets Fall
Commodities Aug 15, 2019 04:09 GMT Investing.com - Gold prices drew some safe-haven demand and rebounded on Thursday in Asia as global stock markets fell. Gold futures for December delivery, traded on the Comex division of the New York Mercantile Exchange gained 0.2% to $1,530.95. An inverted yield curve was cited as driving investors away from risk assets and into the safe-haven metal. Global markets fell after the yield on the 30-year U.S. bond hit an all-time low, while the yields on the
Read in Investing.com: https://apple.news/
Gold could hit $2,000 in a world full of negative yields
In a world full of negative yielding debt, hard assets like gold could become even more attractive.
Read in CNBC: https://apple.news/
Gold resumes rise as main yield-curve measure inverts
Gold futures rebound Wednesday after another round of downbeat economic data and the inversion of the main measure of the U.S. Treasury yield curve, a phenomenon seen as a recession indicator.
Read in MarketWatch: https://apple.news/
METALS-Copper falls as Chinese factory growth tumbles to 17-year low
(Updates with official prices, Wilbur Ross comments)
Read in Reuters: https://apple.news/A_hm334_
What's Going On In The Silver Market? - With David Morgan
The price of silver continues to rally, and random spikes down in the market that used to sink silver a dollar or two lower are now only moving it 10 or 20 cents.The latest COT report showed a reduction in the bank commercial short position at higher prices.To help make sense of what's going on, I spoke with David Morgan of The Morgan Report.
Read in Seeking Alpha: https://apple.news/
BANKS/BANKING/CREDIT
Barclays Is No Longer Banking Coinbase
Barclays is no longer banking Coinbase, resulting in delayed fiat withdrawals and deposits for the crypto exchange's U.K. users.
Read in CoinDesk: https://apple.news/AKg-
Blockchain Firm Settles With SEC Over Unregistered $6.3 Million SAFT Sale
A healthcare-focused blockchain firm has settled with the U.S. Securities and Exchange Commission over its 2017-2018 SAFT offering.
Read in CoinDesk: https://apple.news/
How banks are attracting children of wealthy clients
Next-generation programmes for children of wealthy clients may not generate revenues directly for wealth managers. But they are an integral part of a private bank’s offerings. This is because the largest wealth transfer between generations is expected to unfold in the Asia-Pacific over the next few years, estimated in the trillions of dollars.
Read in Luxury Insider: https://apple.news/
U.S. regulators to drop accounting test in ‘Volcker’ rewrite: sources
By Pete Schroeder WASHINGTON (Reuters) – U.S. regulators have circulated a new draft of the “Volcker Rule” that would further ease its requirements and scrap a proposed new test that had been met with fierce resistance from Wall Street, according to two people with knowledge of the matter. The changes will be a relief for...
Read in CreaWorldNews: https://apple.news/
Bank of Japan now more likely to ease further, economists say: Reuters poll
By Kaori Kaneko TOKYO (Reuters) – The chances the Bank of Japan eases further have increased, according to over half of economists polled by Reuters after the central bank last month committed to expanding stimulus if a global slowdown derails the economic recovery here. Should the Japanese currency strengthen to below 100 yen on the...
Read in CreaWorldNews: https://apple.news/At2yV4Hy-
Going negative? As trade war rages, central banks ponder radical steps
Negative interest rate policy - an unconventional gambit once only considered by economies with chronically low inflation such as Europe and Japan - is becoming a more attractive option for some other central banks to counter unwelcome currency rises.
Read in Reuters: https://apple.news/A9kwTY_
TREASURIES/BONDS/STOCKS
Top 5 Things to Know in the Market on Thursday
Investing.com -- Here are the top 5 things to know about in financial markets on Thursday, 15 August.
The most closely watched recession indicator has turned redStocks roared higher on Tuesday after news that some Chinese imports would be spared from a 10% tariff increase the Trump administration plans to impose on Sept. 1, but the bond market was unimpressed and continued to push yields lower, tipping a strong recession indicator.
Read in Axios: https://apple.news/A-vN1Zz5mQ-
Read in Axios: https://apple.news/A-vN1Zz5mQ-
The Dow Is Slumping Because the Bond Market Is Signaling a RecessionIt’s been a great morning—if you’re holding longer-term Treasuries. With the 30-year bond yielding 2.04%, its lowest level on record, the iShares 20+ Year Treasury Bond ETF is up 1.9% at 145.24 in pre-open trading. Stocks, however, are falling.
Read in Barron's: https://apple.news/
Wall Street slides as key recession indicator rings loud alarm bellsThe stock market retreated in response to the yield curve inversion, triggered by ongoing geopolitical turmoil and sluggish economic growth worldwide.
Read in NBC News: https://apple.news/
Bonds have bruised one major group of stocks, but one trader is ready to buyBanks have been beaten up this month by the burning-hot bond market, but the decline has one trader ready to make a contrarian call.
Read in CNBC: https://apple.news/Aq1-Z-45_
2-year/10-year Treasury yield curve inverts, triggering bond-market recession indicatorU.S. Treasury yields slip Wednesday after a raft of weak economic data from China and Germany.
Read in MarketWatch: https://apple.news/
Tired of market turbulence? These ETFs offer to define your financial outcomesA new suite of products offers annuity-like protection against market volatility, a particularly salient choice for investors nearing retirement
Read in MarketWatch: https://apple.news/AOB7b1U-
US Yield Curve Inverts for First Time Since 2007 as Global Growth Prospects WaneThe U.S. Treasury yield curve slipped into inversion for the first time in more than twelve years Wednesday, as investors extended a global rally in fixed income assets amid slowing economic growth and tepid inflation readings in the world's largest economies. The U.S. Treasury yield curve slipped into inversion for the first time in more than twelve years Wednesday, as investors extended a global rally in fixed income assets amid slowing economic growth and tepid inflation readings in the
Read in TheStreet: https://apple.news/
Why Investors Should Expect More Market Hurricanes on the August ForecastHere's what investors need to keep in mind when it comes to August volatility. Curious about whether or not you should be expecting clear skies in the final month of summer? Matt Miskin, co-chief investment strategist at John Hancock Investment Management, sat down with TheStreet to discuss the end of the dog days of summer and how investors should approach the final month of summer trading. "Yeah, we definitely would say that volatility and the hurricane analogy is a good one. You know, it is
Read in TheStreet: https://apple.news/AX6wFYyKrR_
CRYPTO / DIGITAL CURRENCIES
Massive Hong Kong Protests Give Bitcoin A Surprise BoostBitcoin is yet to establish itself as the safe haven asset many see it as eventually becoming, falling sharply this week even as global stocks continue to slide—but in some places, people seem to be turning to bitcoin in times of crisis...
Read in Forbes: https://apple.news/A8H-
Bitcoin Is The Holy Grail Equity Market SignalThe US/China trade war is perhaps the driver of the market now. The deal is: trade war worse, yuan down. Trade war progress, yuan up. This translates to increased trade war anxiety in China, Bitcoin up. Less anxiety, Bitcoin down.
Read in Forbes: https://apple.news/
Samsung at Last Adds Bitcoin Support to Its Blockchain Phones
Samsung has added bitcoin to the developers' kit for its blockchain-enabled smartphones six months after launch.
Read in CoinDesk: https://apple.news/
Bitcoin's Price Looks Set for a Drop to $10KBitcoin is looking south, having retraced more than 50 percent of the $3,000 rally seen in the 10 days to Aug. 6.
Read in CoinDesk: https://apple.news/
CURRENCIES
Forex - Dollar Steady, Yen Slips as Market Selloff Pauses
Forex Aug 15, 2019 07:53 GMT Investing.com - The dollar was holding steady against a currency basket Thursday and the safe haven yen turned lower as a cautious calm returned to markets which have been roiled by a brutal selloff triggered by fears over the outlook for the global economy. The dollar index, which measures its value against a basket of six major currencies, stood at 97.81 by 03:40 AM ET (07:40 GMT) after a 0.2% gain on Wednesday. The dollar gained ground against the yen, rising 0.1%
Read in Investing.com: https://apple.news/
ING bank sees pound falling to parity with euro in no-deal Brexit scenario
ING, one of Europe's banks, saida no-deal Brexit would send the pound down to parity with theeuro and push it down to $1.10 against the U.S. dollar.
Read in Reuters: https://apple.news/
The Euro Could Trade At Parity Against The Dollar
The euro has been declining.Brexit could weigh on both the euro and the pound.Problems in Italy.Negative rates continue to fall.FXE is heading lower.
Read in Seeking Alpha: https://apple.news/AUKyO3NqGS-
Forex - AUD Rises on Positive Jobs Data; Yen Inches Up Amid Safe-Haven Demand
Forex Aug 15, 2019 05:30 GMT Investing.com - The Australian dollar rose against its U.S. counterpart on Thursday in Asia following the release of better-than-expected jobs data. The AUD/USD pair gained 0.6% to 0.6783 by 1:27 AM ET (05:27 GMT).Data from the statistics bureau showed Australia’s labor market added 41,000 roles in July from the previous month, almost three times more than the forecasted numbers. The NZD/USD pair was up 0.1% to 0.6441. Meanwhile, The Japanese yen inched up against
Read in Investing.com: https://apple.news/
Protect Your Portfolio With Gold Denominated In Renminbi
Black Snow Capital founder Alexander Campbell foresees problems in the Chinese banking system leading to money-printing.He likes buying gold denominated in renminbi to take advantage of possible Chinese capital flight.As an alternative, he likes buying call spreads on the GLD ETF, with a long expiry.
Read in Seeking Alpha: https://apple.news/
UPDATE 1-PBOC issues yuan bills in Hong Kong, says sale now the norm
* PBOC sells 20 bln yuan 3-mth tranche at a coupon of 2.9%
Read in Reuters: https://apple.news/AgMupRuW_R_
HEALTH / SCIENCE
What is Legionnaires' disease and how many people does it affect?
Legionnaires' disease is a serious type of pneumonia caused by the Legionella bacterium, which is found in fresh water, according to the US Centers for Disease Control and Prevention.
Read in CNN: https://apple.news/A-
The science of why a warm bath before bed helps you sleep
Do you struggle trying to fall asleep? Do you feel you don’t get enough sleep and feel sleepy during the day? You are not alone. The American Academy of Sleep Medicine has found that one in three American adults have symptoms of insomnia. Data show there are about 100,000 crashes each year related to drowsy...
Read in Quartz: https://apple.news/
Protect Yourself From The Sun Without Worrying About Parabens With These Sunscreens
Parabens are a group of chemicals that are used as preservatives to stop the growth of fungus, bacteria, and mold in many different health and beauty products. However, many choose to avoid them for the risks they potentially pose. Luckily, the best…
Read in Bustle: https://apple.news/A5U_
Tips for lowering blood pressure, which may cut dementia risk
A study in the Journal of the American Medical Association has found a link between high blood pressure and dementia
Read in CBS News: https://apple.news/
Reducing your risk of dementia
A study in the Journal of the American Medical Association has found a link between high blood pressure and dementia. About 1-in-3 American adults have high blood pressure. Dr. Tara Narula joins "CBS This Morning" to discuss the study and share what you can do to stay healthy.
Read in CBS News: https://apple.news/
Possible link between e-cigs and lung disease
There are new warnings this morning about a possible link between severe lung disease in teenagers and e-cigarettes and vaping. Minnesota is now the third state where serious lung injuries have been reported in the last month. Four cases in the state involved 16- to 18-year-old teenagers. CBS News spoke with the chief medical officer at Children's Minnesota, who described a pattern of cases with a similar but unusual path. Anna Werner reports.
Read in CBS News: https://apple.news/
What is Legionnaires' disease and how many people does it affect?
Legionnaires' disease is a serious type of pneumonia caused by the Legionella bacterium, which is found in fresh water, according to the US Centers for Disease Control and Prevention.
Read in CNN: https://apple.news/A-
The science of why a warm bath before bed helps you sleep
Do you struggle trying to fall asleep? Do you feel you don’t get enough sleep and feel sleepy during the day? You are not alone. The American Academy of Sleep Medicine has found that one in three American adults have symptoms of insomnia. Data show there are about 100,000 crashes each year related to drowsy...
Read in Quartz: https://apple.news/
Protect Yourself From The Sun Without Worrying About Parabens With These Sunscreens
Parabens are a group of chemicals that are used as preservatives to stop the growth of fungus, bacteria, and mold in many different health and beauty products. However, many choose to avoid them for the risks they potentially pose. Luckily, the best…
Read in Bustle: https://apple.news/A5U_
Tips for lowering blood pressure, which may cut dementia risk
A study in the Journal of the American Medical Association has found a link between high blood pressure and dementia
Read in CBS News: https://apple.news/
Reducing your risk of dementia
A study in the Journal of the American Medical Association has found a link between high blood pressure and dementia. About 1-in-3 American adults have high blood pressure. Dr. Tara Narula joins "CBS This Morning" to discuss the study and share what you can do to stay healthy.
Read in CBS News: https://apple.news/
Possible link between e-cigs and lung disease
There are new warnings this morning about a possible link between severe lung disease in teenagers and e-cigarettes and vaping. Minnesota is now the third state where serious lung injuries have been reported in the last month. Four cases in the state involved 16- to 18-year-old teenagers. CBS News spoke with the chief medical officer at Children's Minnesota, who described a pattern of cases with a similar but unusual path. Anna Werner reports.
Read in CBS News: https://apple.news/
USA / CANADA
Opinion: Here’s the real reason why U.S. home prices haven’t been smashed
Individual investors are keeping the housing market right-side up — so far, writes Keith Jurow.
Read in MarketWatch: https://apple.news/
The No. 1 job in America with the ‘best career opportunities’ pays $112,000 a year — and it’s not in tech
Here’s one thing to get you out of bed in the morning: A meaningful job with a high possibility of advancement.
Read in MarketWatch: https://apple.news/AOrl_
Brexit: No chance of US trade deal if Irish accord hit - Pelosi
Congress will block a UK trade deal if Brexit harms the Good Friday Agreement, key US Democrat says.
Read in BBC News: https://apple.news/A6g_
Groundbreaking earthquake catalog may have just solved a seismic mystery
Lab-made quakes suggested that we should see hints of activity before a big event, but this pattern has been elusive in nature—until now.
Read in National Geographic: https://apple.news/
Why drug tests and background checks are becoming less important to employers
It's brutal out there for employers looking to hire. As a result, many companies are reducing their hiring requirements.
Read in CNN Business: https://apple.news/
EMERGING MARKETS
Germany cuts $39M in funds to Brazil for Amazon preservation over deforestation
SAO PAULO – Germany decided to suspend $39 million in funds sent to Brazil to finance projects aimed at preserving the Amazon forest due to increasing deforestation, Brazilian media outlets reported on Saturday. The move reflects “great concerns with an increasing deforestation in the Brazilian Amazon,” the German embassy in Brazil told Folha de S.Paulo newspaper, adding that the cut does not affect the Amazon Fund, to which Germany is a key donor. According to O Globo newspaper, the decision
Read in New York Post: https://apple.news/
Argentina market rout pummels Brazilian hedge fund
A Brazilian hedge fund was among the casualties of Monday's market rout on Argentine assets, with at least 75 percent of its equity exposure suffering losses between 25% and 59%.
Read in Reuters: https://apple.news/
100-Year Bonds Are Hot...Except Argentina’s
Austria’s 100-year bond has rallied, returning 27% for the past month. Argentina’s bond has sold off, losing 37% in just one month.
Read in Barron's: https://apple.news/AdouRl-
Argentine President Macri to announce new economic measures before markets open: media
Argentine President Mauricio Macri will announce new economic measures on Wednesday before markets open after two days of economic turmoil triggered by triggered by a primary upset by opposition candidate Alberto Fernandez, local media said.
Read in Reuters: https://apple.news/
Argentina adding to deteriorating situation for emerging markets, analyst says
David Sneddon, head of technical analysis at Credit Suisse, discusses bonds and emerging markets.
Read in CNBC: https://apple.news/
U.S.-Mexico trade deal announcement during NAFTA talks led to sleepless nights: envoy
The most difficult moment of the NAFTA negotiations with the United States came when U.S. President Donald Trump announced that he had struck a bilateral deal with Mexico, says Canada’s ambassador in Washington
Read in CBC News: https://apple.news/
Mexican regulator approves Pemex oil refinery construction, with environmental conditions
The environmental regulator for Mexico's oil industry said on Monday it had approved the construction of a refinery for state oil company Pemex, but imposed conditions to mitigate the environmental impact of the $8 billion project.
Read in Reuters: https://apple.news/Agx2WFD_
Opinion: Emerging markets bear the brunt of U.S.-China tariff fight
Trade battle hurts stocks in developing economies the most, writes Mark Hulbert.
Read in MarketWatch: https://apple.news/
MIDDLE EAST
Turkey tourism revives since freedom from ISIL
Turkey's government is encouraging tourists to visit an ancient city which was controlled by fighters of the Islamic State of Iraq and the Levant (ISIL or ISIS) group, not so long ago. The ancient city of Karkamesh straddles the Turkish-Syrian border. The extensive ruins on the Syrian side of the border were recently in the hands of ISIL but now the ancient city is set to open to visitors, all part of a drive by the Turkish authorities to encourage tourism back to southeastern Anatolia. Al
Read in Aljazeera: https://apple.news/
Israel seeks new brokerages to expand retail trading base
Israel's securities regulatorand the Tel Aviv Stock Exchange (TASE) on Wednesday called oninvestment houses and financial technology firms to offer retailbrokerage services to expand investors' trading options and cutthe cost of services.
Read in Reuters: https://apple.news/
House Democrats Urge Trump to Stop Deporting Iraq Nationals
August 13, 2019 House Democrats urged President Donald Trump to stop deporting Iraq nationals on Tuesday after a deported Michigan man died last week of a diabetic crisis. In a letter signed by dozens of Democrats, the lawmakers expressed their "outrage and grief" over the death of Jimmy Aldaoud, a Michigan man who died last Tuesday after being deported to Iraq in June. "Jimmy's death was a direct and predictable result of his deportation, and we are horrified that this cruelty was perpetrated
Read in Newsweek: https://apple.news/
Five Years After Daesh Unleashed Genocide In Iraq: Survivors Are Still Waiting For Security
without an adequate safety and security network in the area, religious minorities that have just faced annihilation from the hand of Daesh fighters will never be given a true option to stay in the land of their ancestors and will be indirectly forced to leave.
Read in Forbes: https://apple.news/AJuY-
Iran Says Israel Can’t Ensure Its Own Security, Let Alone Persian Gulf’s
Iranian President Hassan Rouhani has suggested that the Israeli regime cannot even ensure its own security in the region, let alone the safety of navigation in the Persian Gulf.
Read in IFP News: https://apple.news/
British-Iranian academic arrested in Iran amid tanker row
Mr Ahmady is an internationally renowned expert on female circumcision and has written about issues often controversial in Iran, such as women’s rights and child marriage.
Read in The Independent: https://apple.news/
Iran's Rouhani says Gulf countries can protect region’s security
President Hassan Rouhani said on Wednesday Iran and other Gulf states could protect the region’s security and foreign forces were not needed, state TV reported, repeating a longstanding rejection of a U.S. maritime security mission in the region.
Read in Reuters: https://apple.news/
AFRICA
Namibia: Job Losses Continue As Economy Struggles
The construction, wholesale and retail sectors continue to feel the pinch of the limping economy, with 236 jobs having been lost in these sectors from April to the end of June. This is reflected in the latest figures on employment in Namibia which were released by the ministry of labour in a quarterly report on labour issues yesterday. In the wholesale and retail sector, 122 workers were retrenched during the period from April to the end of June, the ministry reported, while 114 people lost
Read in AllAfrica: https://apple.news/
Namibia: NDF Loses N$10m in Botched Farm Deal
(Photo: The Namibian) The Namibian Defence Force lost N$10 million of taxpayers' money in a failed farm deal after the private seller pulled the plug on the transaction. The farm in question is Farm Otjisemba No 24, which the ministry tried to buy for N$24 million in April 2017 from businessman Kurt Steinhausen. A N$10 million downpayment was delivered, and the remaining N$14 million was supposed to be paid over an 18-month period. The defence ministry's executive director, Peter Vilho, told The
Read in AllAfrica: https://apple.news/
East Africa: Ethiopia, China Bond to Build Industrial Park
Ethiopia and China are set to partner to build a new, US$300 million industrial park in the east African country. Liu Yu, economic and commercial counsellor at the Chinese embassy in Ethiopia, told Xinhua recently that the construction of the park, located in Adama city, 99 km south-east of Addis Ababa, is expected to start before the end of 2019. Liu said 85% of the funding needed to build the industrial park will be covered through Chinese government concessional loans, while 15% will come
Read in AllAfrica: https://apple.news/A_
Zimbabwe: Darkest Hour Is Before Dawn - Mnangagwa
President Emmerson Mnangagwa has promised Zimbabweans a better tomorrow as long as they tough it out to see his austerity measures bear fruit. Mnangagwa told thousands gathered for Defence Forces Day celebrations in Harare, Tuesday that while he understands the pain that citizens are going through, his austerity measures have laid a firm foundation for the country's economic take-off. "The transitional Stabilisation Programme(TSP), which promotes production and restricts government spending, is
Read in AllAfrica: https://apple.news/
Govt to Curb $400m Foreign Medical Bill
Zimbabwe is losing $400 million every year through medical bills to cater for people referred outside the country for treatment, Finance and Economic Development Minister Professor Mthuli Ncube has said. Speaking during a mid-term Budget review breakfast meeting here last week, the minister said because of the multi-currency system the country had been using since...
Read in Healthtian: https://apple.news/Auid-
China ‘smoothing’ of economic data is distorting global growth and policy responses, study says
China’s official economic data over the past four years has been “too smooth to be realistic”, given the significant volatility in key industries over the same period, according to a new study by Rhodium Group, a US-based economic research house. A new…
Read in South China Morning Post: https://apple.news/
China Refuses to Allow U.S. Warships to Make Port Calls in Hong Kong
China has refused port visits to Hong Kong by two U.S. warships amid continued trade tensions and diplomatic spats between the two sides over pro-democracy protests in the Asian financial hub.
Read in Bloomberg: https://apple.news/
US-China trade war: US agriculture faces challenges
Farmers in the United States are facing their biggest challenge in decades as the trade war between the US and China continues. Unions say prices are falling and demand for goods from China has dropped. Al Jazeera's Andy Gallacher reports from the US state of Iowa where the dispute has already cost the state an estimated $2bn.
Read in Aljazeera: https://apple.news/
Hong Kong flights resume as tensions remain
About three dozen protesters remained camped in the airport's arrivals area a day after a mass demonstration and frenzied mob violence forced more than 100 flight cancellations.
Read in Fox Business: https://apple.news/
Hong Kong stocks pare gains as weak China economic data bites
* HK->Shanghai Connect daily quota used -0.7%, Shanghai->HKdailyquota used 7.4%
Read in Reuters: https://apple.news/ABF-
EUROPE
Brexit: Hospitals ‘told to start charging millions of EU patients for NHS care as soon as UK crashes out of bloc’
More than two million EU citizens living in the UK will be told they need to pay to use NHS services under a no-deal Brexit, it has been reported.
Read in The Independent: https://apple.news/
U.S. and U.K. work toward post-Brexit trade deals
President Donald Trump and Prime Minister Boris Johnson hope to have something to announce at this month's G-7 summit.
Read in NBC News: https://apple.news/
Ex-Treasury chief: 'unelected people' pushing no-deal Brexit
The former Chancellor Philip Hammond lashed out at the push for no-deal Brexit.
Read in ABC News: https://apple.news/AajQ6Z4H-
Brexit: Ministers to spend £300m to bring in emergency food and medicine supplies after no-deal
Ministers are preparing to spend £300m to bring in emergency food and medicine supplies after a no-deal Brexit – including through airlifts.
Read in The Independent: https://apple.news/
Germany Is Heading Toward Recession, New Data Indicates
The economy shrank in the second quarter and is likely to shrink in the following one, analysts said. They blame trade tensions.
Read in The New York Times: https://apple.news/
Germany's economic resilience is crumbling and it's time for stimulus, say economists
Germany's economic resilience is crumbling, fueling fears of a recession and increasing pressure on the government to deliver a fiscal stimulus package.
Read in CNBC: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
Closed on Friday and Saturday
The CBI for Friday 8/16/19 did update on the indicative rates Sell Rate 1190
The currency auction is
There are no news and announcements.
Closed Friday and Saturday
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
http://www.dinarguru.com/
8-16-2019 Newshound Guru Kaperoni I find it funny that the guru's talk about ATM machines as if they're not working, and some mythical RV must happen for them to work. Wrong! They're fully operational right now and have been so for quite some time dispensing dinar notes at the current exchange rate.
8-15-2019 Newshound/Intel Guru Mnt Goat We still wait for the banking reforms to take hold. The CBI is still in the last phase of getting people on the credit and debit cards...The ATMs are up and working. They are distributing mostly the 250, 500 and 1,000 notes. Just recently they also re-introduced the 50 dinar notes too. The other planned smaller category notes are NOT yet in circulation but are being planned as the economic conditions dictate. ...I do see our newest window could be until the end of August until the new session of parliament on Sept 3rd begins... I say this...because parliament told us themselves this was their plan to implement the currency reform before the end of the first session of parliament. We are getting close to the end. In fact, they are already on recess and the end is technically already here. So, this window I speak of may already be all for nothing. But let’s wait it out and see what happens.
8-15-2019 Newshound/Intel Guru Dinar Investor - Jeff ...If they release lower denoms before the rate changes the first thing is people would have to carry large sacks or duffel bags of lower denoms and coins to the stores to buy consumer goods...the fastest way they piss the citizens off is if they have to start carrying very large bags of currency...because the rate hasn't changed...second...if you released smaller notes to replace bigger notes and you don't change the rate you've just devalued your currency...On March 20th the CBI already came out and said they plan to increase the exchange rate of the Iraqi dinar. So if they're going to increase the exchange rate means that the lower notes have to be release at the same time as the rate increases otherwise it will be a devaluation...
8-15-2019 Intel Guru MarkZ [via PDK] Spoke with Isaac last night…(in Zurich)...he is expecting currency funds tomorrow... I talked with 2 other contacts in Europe who are saying similar...No change of value in Iraq as of yet. [when do you think they could fire up the 800 numbers?] I am hoping to see them today...I believe we are sitting on the precipice of implosion that will push this reset to fruition. I know this waiting has been excruciating ...this reset has taken decades...and we are in the final days...we need this reset out the door NOW...
8-15-2019 Newshound Guru Kaperoni You cannot stop currency auctions until you have something to replace it. The auction is what keeps the stability of the currency. Until Iraq accepts Article VIII, the dinar is traded globally, currency auctions will continue. Auctions also serve as revenue generator for the CBI
8-15-2019 Newshound/Intel Guru Mnt Goat We have read over and over again that they need to get the POS (point of sale) machines and ATMs (Automatic Teller Machines) up and running and most importantly for the citizens to use them. This is all part of the “project to delete the zeros”. So far, they have been very successful and are even currently paying almost 80% of the payrolls now to the citizens via electronic means. They want to soon get close to 95% by the end of the year. So the BIG push is on... Later yes, these cards can be used overseas or out of country to also conduct international business but they will need FOREX to determine the rate for the conversion...
8-15-2019 Newshound/Intel Guru Dinar Investor - Jeff The formation of the government...has everything to do with this and that's what the delay is...the number one thing...you want to keep your eyes on is the formation of the government. That's what's letting you know when you're reaching the finish line...Back on February 27th of this year Iraq had a key meeting called the National Meeting. All the members of government were present. One of the things they did was...celebrated being a brand new "unified" country...three days later on Saturday an article came out stating Iraq is now "unified"...back on that "five year delay" article from 2014 the CBI stressed that they would not delete the zeros until Iraq had political stability...making the formation of the government the linchpin to the rate change...
8-15-2019 Newshound Guru MilitiaMan Article: "The Kurdish delegation's visit to Baghdad will discuss the return of the region's share of the budget to 17 percent" So it looks like they are going to put this issue to bed finally!! I like the time line they have too. Seems to fit in line with all the education they have had on going. All the pressures from so many angles are noted that support that everyone is ready for them to complete reforms and open up to the world by twining Baghdad and Kurdistan regions into one cohesive body working for all the common good. That time frame they give is immediately after Eid Al Adha... That time frame is upon us so very shortly. Eid is over this week our time... So, I am not in any hurry to poo poo this meeting. The timing of it is in my humble opinion to be right on schedule... A big window this weekend! imo.
8-15-2019 Intel Guru MarkZ [Is Trump doing all he can to help us.] Trump is the first President to want this reset…the first one not to actively stop it… In Iraq. No new value on the dinar yet. Nothing posted in the Gazette today. Still hearing the street rate is $3.91...Our contract rates should be about $2 higher.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
*************
ARTICLE 1 (from PM Mahdi's website)
At the time this report was submitted, there are no new articles posted on PM Mahdi's website.
*************
ARTICLE 2 (from Government of Iraq twitter account)
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 8-15-2019 around 9:15 am Eastern
The @IraqiGovt announces measures to improve passenger access to Baghdad International Airport, including the lifting of some security barriers on the main road leading to the airport, and allowing vehicles to reach the departure terminals to drop off passengers.
*************
ARTICLE 3
Others threaten Abdul-Mahdi's firm stance because of his failure to run the state
2019/8/15 15:06
[Baghdad-Where]
The Saraon coalition has accused Prime Minister Adel Abdul Mahdi of failing, while threatening to take a firm stand.
"His coalition is ready to work to withdraw confidence from Abdul Mahdi if he continues the same performance in the administration of states," said MP Sairoun Rami al-Skaini.
He noted that "the political blocs and the House of Representatives will take another position against the prime minister if he continues in the same approach in the administration of the state."
He noted that "the political blocs and the House of Representatives will take another position against the prime minister if he continues in the same approach in the administration of the state."
Prime Minister Adel Abdul Mahdi had promised to present his government program to end the administration's dossier.
*************
ARTICLE 4
Despite the refusal of Kurdistan to deliver oil revenues .. Federal government spend the salaries of the region
Baghdad / Obelisk: A source in the Federal Ministry of Finance, on Friday, the resumption of the payment of salaries of employees of the Kurdistan region on Sunday.
The source said in a press statement that "the distribution of salaries of the region's employees for the month of May, resumes on Sunday, and that the distribution of salaries of the Council of the judiciary in Kurdistan."
He added, "The federal government will send on Monday the salaries of employees to the region, which accelerates the distribution of salaries of all ministries that have not received before Eid al-Adha," stressing that "all ministries will receive their salaries during the next week."
The Kurdish member of the Parliamentary Finance Committee, Jamal Cougar, between, "The federal government is committed to the budget law, which was approved by the majority of members of the House of Representatives, which provides for the continuation of the payment of salaries of employees in the region, even if the government does not hand over the oil revenues."
Although the region has not delivered the approved oil quota in the budget, the federal government continues to provide Kurdistan with salaries.A source in the Ministry of Finance revealed on Sunday, July 7, 2019, the start of the payment of salaries of Kurdistan region employees for the month of April. The Mahdi government does not seem interested in this override.
Political analyst Kazem al-Haj told Al-Obala that the government's concessions on the issue of budget and non-accountability for the region's oil exports outside the constitutional contexts are advantages that the region has gained in the era of Abdul Mahdi's government, which explains the satisfaction of Kurdish forces on the policies. The current government, expressed by the KDP leader Massoud Barzani's statement on April 3, 2019, that the presence of Abdul Mahdi at the head of the government in Baghdad, is "the final opportunity and may not be missed."
*************
ARTICLE 5
US Task Force in Iraq .. What are its tasks and objectives?
11:49 - 16/08/2019
Baghdad - Mawazine News
"Unlike other embassies and foreign missions in Iraq, the staff of the US Embassy in Baghdad now has the largest strength among its counterparts, known as the American Task Force," the official said in an interview with Al-Arabi Al-Jadeed newspaper. At least the name is common to Iraqis. US officials are not discussing or addressing the media protection forces that have grown and equipped since the US-Iranian escalation in the region nearly two months ago.
He added, "This force is authorized to use live ammunition and respond to various threats that may affect members of the US diplomatic mission or American nationals in Iraq, working in stabilization programs for the liberated Iraqi cities or participate in some rehabilitation operations in the infrastructure, such as health and education."
According to the same official, "the force is licensed by the Iraqi government similar to security units belonging to foreign security companies charged with the protection of other Western missions in Iraq, but for the US unit is the largest," adding that "accompanying Iraqi forces usually come within greater security coordination To prevent friction between those forces and specific factions within the Popular Mobilization. "
The US military contingent, which is moving inside liberated Iraqi cities from time to time, was re-argued after photos taken by activists in Mosul last week, justified by local sources as a force accompanying US-sponsored stabilization program managers in cities in northern and western Iraq.
For his part, revealed an army intelligence official, "the US force possesses armored vehicles resistant to missiles and mines mounted with machine guns caliber 23 mm with various weapons belonging to the force, including shoulder-mounted bombers, in addition to an integrated military medical ambulance," pointing to "The force is equipped to fight in the event of an attack or an attempt to kidnap an American employee."
"The force is directly connected to the US forces in Iraq, which are based in several bases, which can ask for support at any time, but this has not happened, nor has any of the US officials working in the embassy any attack or danger, except for a missile," the official said. The Katyusha, who was at the embassy in Baghdad two months ago, did not cause any casualties. "
Last week, members of parliament in the "Building Alliance" demanded "to reveal the significance of the presence of a US force in Mosul seen in neighborhoods of the city last Tuesday."
Faleh al-Khazali, a member of the Fatah alliance, said that "the scenes of American power in Mosul are provocative", blaming Prime Minister Adel Abdul-Mahdi for "the responsibility of American deployment and harming Iraqi sovereignty."
Others considered images of US troops in Mosul as requiring clarification from the government
No comments:
Post a Comment