WOTS Friday 8/2/19:
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1185.7000 | 1185.6000 | 1185.7000 | | 04:23 |
| USD/VND | | | 23195.0800 | 23195.0800 | 23195.0800 | | 01:30 |
| USD/CNY | | | 6.9430 | 6.8976 | 6.8976 | | 04:26 |
| USD/KWD | | | 0.3036 | 0.3033 | 0.3036 | | 04:14 |
| GBP/USD | | | 1.2144 | 1.2090 | 1.2126 | | 04:26 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 00:00 |
| USD/IDR | | | 14241.0000 | 14112.0000 | 14232.0000 | | 04:26 |
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DC NY Iraq Articles:dd
Former deputy accuses Abdul Mahdi of "selectivity" and confirms his intention to withdraw the powers of the Minister of Industry
02-08-2019 01:06 AM
Baghdad
Former member of the House of Representatives Kamel al-Dulaimi, accused Prime Minister Adel Abdul-Mahdi of "selectivity", asserting that he deliberately withdraw the powers of the Minister of Industry.
Al-Dulaimi said in a tweet on his Twitter account: "The President of the Republic, Mr. Adel Abdul-Mahdi, surprised you by your sister, what is the real reason behind the withdrawal of the powers of the Minister of Industry and whether the target is the minister's person?"
"The real justice is to target all those who have worked outside the context, but selectivity is a clear indication that they are not prepared for unjustified targeting," he said
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Abdul Mahdi and Halbusi emphasize coordination between the government and parliamen
Iraqi Prime Minister Adel Abdul-Mahdi and Speaker of Parliament Mohamed Halboussi on Thursday stressed the importance of coordination between the legislative and executive authorities, pointing out the importance of supporting the government in implementing its program according to the specified time.
Halaboussi's office said in a statement that it had discussed with Abdul Mahdi the security, political and economic situation in the country and the latest regional and international developments. The two sides stressed the importance of coordination between the legislative and executive branches, supporting the government in implementing its government program according to the specified time, and providing the best services to citizens.
The meeting reviewed the results of the visit of the Speaker of the Parliament to the State of Kuwait to discuss means of investing funds allocated for the reconstruction of Iraq at the Kuwait International Donors Conference held in February 2018, and the Kuwaiti side's commitment to the outcomes of the conference and support the work of the Iraqi government and contribute to the reconstruction and Services for citizens, Stabilization.
In another development, Abdul-Mahdi stressed the need for cooperation with Turkey in the field of better exploitation of water. Abdul Mahdi said in a statement that he discussed with the special envoy of Turkish President Faisal Oglu water file, and stressed Abdul-Mahdi «the importance of strengthening relations in this file and linking Iraqi interests with the interests of Turkey and the establishment of joint Iraqi-Turkish companies inside Iraq is carrying out projects related to water and other projects that Serve the interests of Iraq and provide jobs and help the interests of Turkey to benefit from the Iraqi economy instead of importing, "noting that« the government is seeking to move from trade to production within Iraq ».
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Abdul Mahdi and Halbusi emphasize coordination between the government and parliament - See more at: http://translate.
Abdul Mahdi and Halbusi emphasize coordination between the government and parliament
02/08/2019
Iraqi Prime Minister Adel Abdul-Mahdi and Speaker of Parliament Mohamed Halboussi on Thursday stressed the importance of coordination between the legislative and executive authorities, pointing out the importance of supporting the government in implementing its program according to the specified time.
Halaboussi's office said in a statement that it had discussed with Abdul Mahdi the security, political and economic situation in the country and the latest regional and international developments. The two sides stressed the importance of coordination between the legislative and executive branches, supporting the government in implementing its government program according to the specified time, and providing the best services to citizens.
The meeting reviewed the results of the visit of the Speaker of the Parliament to the State of Kuwait to discuss means of investing funds allocated for the reconstruction of Iraq at the Kuwait International Donors Conference held in February 2018, and the Kuwaiti side's commitment to the outcomes of the conference and support the work of the Iraqi government and contribute to the reconstruction and Services for citizens, Stabilization.
In another development, Abdul-Mahdi stressed the need for cooperation with Turkey in the field of better exploitation of water. Abdul Mahdi said in a statement that he discussed with the special envoy of Turkish President Faisal Oglu water file, and stressed Abdul-Mahdi «the importance of strengthening relations in this file and linking Iraqi interests with the interests of Turkey and the establishment of joint Iraqi-Turkish companies inside Iraq is carrying out projects related to water and other projects that Serve the interests of Iraq and provide jobs and help the interests of Turkey to benefit from the Iraqi economy instead of importing, "noting that« the government is seeking to move from trade to production within Iraq
Dulaimi comment on withdrawal powers of the Minister of Industry: selectivity index on "unjustified targeting"
02-08-2019 01:05 AM
Agency of the orbit -
Baghdad
Former MP Kamel al-Dulaimi, on Friday, questioned the real reason behind the withdrawal of powers of the Minister of Industry, by Prime Minister Adel Abdul Mahdi.
Al-Dulaimi said in a tweet on 'Twitter' followed by 'orbit', it is' wonderful President 's State, Adel Abdul Mahdi,' Bkhdk your sister 'what is the real reason behind the withdrawal of the powers of the Minister of Industry and the target person minister'.
"The real justice is targeting all those who have worked outside the context. Selectivity is a clear indication that they are not unjustified targeting, and I think your attack deliberately targeted."
US official: 15,000 Daheshi in Iraq and Syria are still at large
Editorial Date: 2019/8/1 23:46 • 98 times read
The United States envoy to Syria, James Jeffrey, said that Washington believes that about 15,000 members of the pro-government are still free in Syria and Iraq.
The US diplomat told reporters: "As for the number of supporters in Iraq and Syria, I can say that according to estimates, about 15 thousand people."
According to him, these militants continue to move in the area south of the Euphrates, although the overall situation in northeastern Syria, under the control of forces, "Qsd" allied with the United States.
Geoffrey said about 10,000 armed men currently sit in detention camps belonging to Syria's Kurdish-majority democratic forces.
The American envoy pointed out that the "Qusd" is holding up to 70 thousand members of the families of armed supporters
According to him, these militants continue to move in the area south of the Euphrates, although the overall situation in northeastern Syria, under the control of forces, "Qsd" allied with the United States.
Geoffrey said about 10,000 armed men currently sit in detention camps belonging to Syria's Kurdish-majority democratic forces.
The American envoy pointed out that the "Qusd" is holding up to 70 thousand members of the families of armed supporters
Peace for the "Covenant": The disputed areas were not resolved according to Article 140 being rich in oil
02/08/2019 11:57 PM | Number of readings:
Al Ahd News - Follow-up
A member of the Kurdistan Democratic Party (KDP), Rifin Salam, said Wednesday that the crisis between the Kurdistan region and the center has been established since 2003 and not today.
Salam said in an interview with the "Covenant" that the rate of 17% was approved in the previous budgets and did not reach the territory during the war on a supporter.
He added in his speech that the disputed areas have not been resolved according to Article 140 being rich in oil. is over/ 6d
The 29th anniversary of the Iraqi invasion of Kuwait .. The financial sanctions are still large in Baghdad
02/08/2019 11:33 AM |
Al-Ahed News - Mohammed and Taha
On the second of this August, the 29th anniversary of the invasion of the former Iraqi regime, the neighboring state of Kuwait, when the military forces invaded the country in early August 1990.
Although nearly three decades have elapsed since the Iraqi invasion, Iraq continues to pay billions of dollars and successive governments have not sought beyond April 9, 2003 to persuade Kuwait to extinguish the United Nations debt owed by Kuwait for the invasion.
Do not end the debt
"Iraq has paid more than 30 billion dollars to Kuwait since the imposition of sanctions and so far billions of dollars in the cost of Baghdad," says legal expert Tarek Harb, noting that "there are 4 billion dollars still owed by the Iraqi state of Kuwait."
"Ten days ago, Iraqi Airways paid $ 275 million to Kuwait Airways for compensation because of the Iraqi invasion and the airports in Kuwait were damaged in 1990," he told AAH.
"The failure of successive governments after 2003 to convince Kuwait to extinguish the debts because of the second Gulf War led by the former regime," legal expert Tarek said, adding that "all senior Iraqi officials during their visits to Kuwait did not talk about this issue."
"The Iraqi officials and during the conference of donor countries held in Kuwait on the ages of Iraq, which was destroyed by the war on the organization of an advocate, were able to delay the repayment of debt for another period," noting that "this debt does not end and will not stop Kuwait because it does not go to the authorities But even go to the Kuwaiti citizen who did not go out to the street for three days under the pretext of fear of the Iraqi army invading. "
Exploitation of the Iraqi situation
"Kuwait took advantage of the current situation in Iraq, imposed sanctions and obtained substantial compensation and countless concessions as a result of the ignorance of the Iraqi rulers and their workers," said Naseef al-Maliki, a lawmaker under Nuri al-Maliki.
This came in response to the recent visit of the Iraqi delegation to Kuwait, headed by Iraqi Parliament Speaker Mohamed Halboussi and a number of deputies and officials, indicating that the visit must be overcome by the principle of common interests between the two countries, not one party without another.
Attempts to fold the last page
On the other hand, Kuwait claims that there are new steps by the leadership of Iraq and Kuwait to turn the page of painful past and open a new page of fruitful cooperation and solving problems between brothers.
"The visit of HH the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to Iraq on June 19 is less than" historical "and" an important indicator, "the official Anbar news agency said in an editorial published on Thursday. To strengthen previous agreements between the governments of the two countries, to resolve the remaining outstanding issues one by one and to remove obstacles to bilateral cooperation in various fields. "
Kuna claims that following the Iraq war in 2003, Kuwait was quick to provide aid and relief to refugees in the country. Today, Kuwait is one of its largest donors, and billions of dollars are provided to UNHCR to support its operations in assisting Iraqi refugees in alleviating their suffering. And their food, shelter, health and education needs " .
"Following the announcement by the Iraqi government of the liberation of the city of Mosul from Da'ash in July 2017, Kuwait hosted an international conference for the reconstruction of the liberated areas in Iraq last February in line with its principles of supporting the brothers and a real translation of its designation by the United Nations (Center for Humanitarian Action) "Kuwait has been able to obtain commitments from the participating countries and entities with a total contribution of 30 billion dollars on loans, credit facilities and donations to help the Iraqi people overcome their plight, especially after suffering many of the wars that took place on their land during the past period," she said.
Sanctions on Iraq
The Security Council issued resolution 661 on August 6, 1990 imposing economic sanctions on Iraq. The ban was intended to force him to withdraw his forces from Kuwait. But before things reached this point, America led the coalition forces and drove out Iraqi forces. The sanctions remained in force under the pretext of ensuring that Iraq was free of weapons of mass destruction and its implementation of the Security Council resolutions. These sanctions included a complete trade embargo with the exception of medical, food and humanitarian.
Kauaihn Iraq Articles:dd
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Mr. Ammar al-Hakim and al-Abadi emphasize the monitoring of government performance and the resolution of the agencies' file
Release date: 2019/8/2 9:37 • 162 times read
The head of the National Wisdom Movement, Mr. Ammar al-Hakim, discussed with the President of the coalition of victory Haider Abadi the files of the opposition and services and reconstruction of liberated areas and preserve the achievements achieved at the political, security and social levels as well as discuss the regional situation and how to keep Iraq out of regional conflicts And international.
"The opposition is a legal, political and constitutional right," the statement said. "It will monitor and perform the government's performance and will highlight the figures and the timing that the government has committed itself to in its government program," the statement said.
Mr. Ammar al-Hakim stressed the need to resolve the file of agencies in order to ensure the access of qualified people to government positions in accordance with a competitive framework with the criterion of competence, experience and management capacity.
He also stressed "the provision of basic services to the Iraqi people, especially electricity, health and education, as well as the reconstruction of liberated areas and the return of displaced persons."
Mr. Ammar al-Hakim stressed the need to resolve the file of agencies in order to ensure the access of qualified people to government positions in accordance with a competitive framework with the criterion of competence, experience and management capacity.
He also stressed "the provision of basic services to the Iraqi people, especially electricity, health and education, as well as the reconstruction of liberated areas and the return of displaced persons."
Thousands of IS Militants Still in Iraq, Syria: US Envoy
US special envoy for Syria James Jeffrey said on Thursday that he believes thousands of Islamic State (IS) jihadists are still active in Iraq and Syria
Jeffrey made the comments while talking to reporters on Thursday where he said that about 15,000 insurgents are in the two neighboring Arab countries.
The Islamic State was declared defeated about two years ago, but the extremist group's sleeper cells still impose a serious threat the security forces and civilians in Iraq.
It attacked a security checkpoint in the Kurdistan Region's Garmiyan area on Wednesday night, leaving four people killed and eight more injured.
Israel to Continue Airstrikes on Iranian Targets in Iraq: Report
Israel will continue to carry out airstrikes against the Iranian targets in Iraq in order to thwart alleged plans to harm its security, a report said on Thursday.
"Israel has expanded its area of control against the Iranian presence in Syria, Lebanon and Iraq," al-Sharq al-Awsat Newspaper quoted sources from Tel Aviv, as cited by Iraqi News.
"The Iranians’ insistence on achieving their goal against Israel has made us more determined to abort their plan, so what started in Syria will extend to Iraq," another security source told Israel Hayom Newspaper.
Israel has conducted airstrikes against the Iranian targets in Syria and other countries in the region hundreds of times.
Certain Ministers May be Removed from Iraqi Government: Source
ERBIL - A number of Iraqi ministers may get dismissed from their position in the upcoming weeks as efforts have been intensified to do reforms in the government, an informed source revealed on Thursday.
There have been productive discussions and good understanding among the parliamentary factions on this issue which is said to happen in the upcoming weeks.
According to the information BasNews has learned, a number of political parties had been objecting to the new Iraqi government.
At least four ministers will be removed over alleged involvement in corruption, he said.
Iraq, Iran Swap Bodies of 80 Soldiers from 1980s War
Iraq and Iran on Thursday swapped a total of 80 bodies of soldiers killed during the eight-years long war between the two countries in the 1980s.
Iraqi media reports said that Baghdad handed over the remains of 26 soldiers to Iran in return for the corpses of 54 Iraqi troops.
The two neighboring countries have exchanged bodies from time to time since 1996.
Iraq and Iran were in a deadly war for eight years, during which, thousands of soldiers were killed from both sides.
Mandalawi: The provincial government did not receive any amounts from Baghdad other than the salaries of employees
02-08-2019 12:08 PM
Baghdad
A member of the Democratic Party of Kurdistan Sobhi Mandalawi, on Thursday, that some members of the Federal Parliament have no work other than irritating the street against the Kurds, noting that the provincial government did not receive any amounts from Baghdad, not salaries of employees.
"The parliament has the right to host or interrogate any minister in the federal government, and then decide whether or not to answer the question," Mandelawi told the news agency.
Mandalawi said that "the Minister of Finance did not exceed the federal budget law 2019, on the share of the Kurdistan region," noting that "the government of the Territory has not received any amounts other than salaries of employees in the past period."
He pointed out that "the territorial government is keen to resolve all outstanding issues between Baghdad and Erbil," pointing out that "the Kurdistan government is keen to hand over all the benefits."
He added that "the Minister of Finance does not take any step without the knowledge of the Council of Ministers and we are the first to demand legislation of the law of oil and gas."
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Zimbabwe: Zim Govt Should Speed Up Production of Lithium - Busha
Businessman-cum-politician Joseph Busha Monday urged the government to take the lead in the production of lithium as a sustainable renewable energy, that can unlock economic opportunities for the youths in the country. In his keynote address at Hoja youth summit, a Pan African youth empowerment meeting held at Africa University in Mutare at the weekend, Busha said since Zimbabwe has the largest lithium deposits in Africa, it should take the lead and start an industry that deals with renewable
Read in AllAfrica: https://apple.news/AQEp--
Zimbabwe: Migration to Solar Costs Econet Us$60m
ECONET Wireless Zimbabwe says it requires more than US$60 million to upgrade its equipment and convert all its sites to solar power. The move to embrace solar energy comes on the back of crippling power cuts, which have dampened operational efficiency for many businesses. "We require over US$60 million to upgrade equipment and convert our sites to solar," the listed telecoms giant posted on its official Twitter handle yesterday. Recently, Econet services went down for hours after power cuts
Read in AllAfrica: https://apple.news/
Zimbabwe: Cabinet Approves Two Bills
Cabinet yesterday approved principles for the amendment of the Administrative Justice Act as well as the Radiation Protection Act to ensure the laws comply with the Constitution as well as international standards. This was said by Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa while addressing journalists on the 27th Cabinet decision matrix that was held in Harare yesterday. The principles for the amendment of the Administrative Justice Act were presented by Justice,
Read in AllAfrica: https://apple.news/
Zimbabwe: Zdf Assistance Week Begins
THE Zimbabwe Defence Forces (ZDF) will tomorrow launch the annual Community Assistance Week with a number of activities lined up ahead of the Defence Forces Day. Defence and War Veterans Affairs Minister Oppah Muchinguri-Kashiri is set to officially launch the community assistance programme in Gokwe next week at Katema Clinic. In the month of August every year, the ZDF runs Community Assistance Week during which it embarks on selected projects where the force will be carrying out various
Read in AllAfrica: https://apple.news/
Zimbabwe: Economy Will Thrive - Mahiya
Joseph Madzimure and Wallace Ruzvidzo ZANU-PF is committed to building a thriving economy whose benefits will be equitably shared by all Zimbabweans, the party's secretary for Welfare Services for War Veterans, War Collaborators, Ex-political prisoners, Detainees and Restrictees Cde Douglas Mahiya has said. Cde Mahiya was speaking at the trainers' of breadmakers workshop at the party headquarters which was attended by 300 participants on Monday. "We have to make sure that we have acted upon what
Read in AllAfrica: https://apple.news/
Zimbabwe: Reform Tops ED's First Year in Charge
The first year of President Mnangagwa's leadership has been underpinned by massive reforms to transform the country economically and change its governance, a top Government official has said. Zimbabweans last year elected President Mnangagwa of the ruling Zanu-PF party at the expense closest challenger, opposition MDC-Alliance's Nelson Chamisa and a field of other candidates. Since assuming the reins, the Head of State and Government has instituted measures to stop previous maladministration as
Read in AllAfrica: https://apple.news/
Zimbabwe holds first public T-bill auction in 7 years
The Reserve Bank of Zimbabwe invited bids for 91-day treasury bills worth 30 million Zimbabwe dollars, which would be allotted to successful bidders on Thursday. Zimbabwe’s central bank on Wednesday sought to raise 30 million Zimbabwe dollars ($3.27 million) at its first public auction of treasury bills since 2012. Between 2013 and last year, the...
Read in FurtherAfrica: https://apple.news/
The escalating dispute between Tokyo and Seoul is already affecting businesses
The ongoing dispute between Japan and South Korea has begun to affect businesses across multiple sectors and could potentially even dent the global economy.
Read in CNBC: https://apple.news/
China stocks falter on trade risks; Shanghai shares end month lower
* SSEC -0.7%, CSI300 -0.9%, HSI -1.3%, HSCE -1.3%
Read in Reuters: https://apple.news/
China c.bank raises small banks' relending quota by 50 bln yuan
China's central bank said onWednesday it will increase its relending quota for small andmedium-sized banks by 50 billion yuan ($7.27 billion) to boostcredit for small and private firms.
Read in Reuters: https://apple.news/
China claims progress towards world’s biggest trade deal, but India remains biggest roadblock to RCEP
China has claimed “positive progress” towards finalising the world’s largest free-trade agreement by the end of 2019 after hosting 10 days of talks, but insiders have suggested there was “never a chance” of concluding the deal in Zhengzhou. The 27th round…
Read in South China Morning Post: https://apple.news/
China says it will make concessions on American farm goods in “frank” trade talks
China has agreed to buy more agricultural goods from the United States after “frank, efficient, and constructive” trade talks on Wednesday, the first between the two countries’ top negotiators since discussions were suspended in May. While the Chinese…
Read in South China Morning Post: https://apple.news/
UK Brexit negotiator heads to Brussels to meet EU officials despite Boris Johnson claim there would be no talks
The UK's Brexit negotiator is heading to Brussels for meetings with EU officials, despite a claim by Boris Johnson that the UK would stay away until the bloc scraps the controversial backstop.
Read in The Independent: https://apple.news/ADE-
Eurozone annual inflation to slow down in July
Mubasher: Preliminary reading indicated that the Eurozone annual inflation would come at 1.1 % in July, down from 1.3% in June.
Read in Mubasher: https://apple.news/
Euro zone second-quarter growth halves, inflation slows despite jobless at 11-year low
BRUSSELS (Reuters) – Euro zone economic growth halved in the April-June period and inflation slowed sharply in July even though the unemployment rate fell to its lowest in 11 years, data from the European Union’s statistics office showed on Wednesday. Eurostat’s preliminary flash estimate of gross domestic product growth in the 19 countries sharing the...
Read in CreaWorldNews: https://apple.news/
No-Deal Brexit 'Up To The EU' Says Boris Johnson But Is Brussels Ready?
Britain's new Prime Minister Boris Johnson has ramped up his rhetoric in his first week in office by saying the U.K. will leave the EU 'with or without' a deal on October 31. But a report this week has claimed the bloc is even less prepared for a no-deal than the U.K.
Read in Forbes: https://apple.news/
UK energy prepayment price cap should be extended past 2020: watchdog
Britain's competition watchdog said on Wednesday that energy regulator Ofgem should continue to protect people who pay for their energy upfront beyond 2020.
Read in Reuters: https://apple.news/A3LnTo-
GLOBAL/NEWS/INFO
Today in History
Today in History
Read in ABC News: https://apple.news/
10 Things to Know for Today
Among 10 Things to Know: Democrats' divisions test Biden's front-runner strength; After 'Send her back!' chant, Ohio rally a test for Trump; North Korea says it tested crucial new rocket launch system
Read in ABC News: https://apple.news/
Boomers and Generation X see this as the No. 1 financial mistake — but millennials don’t
Three in four people admit to making at least one financial mistake
Read in MarketWatch: https://apple.news/ABhPiT--
OIL/COMMODITIES/ENERGY
Gold Prices Rise Ahead of Fed Rate Announcement, Powell Remarks in Focus
Commodities Jul 31, 2019 11:51 GMT Investing.com - Gold prices rallied for a fifth consecutive session on Wednesday ahead of the Federal Reserve’s decision on interest rates and a follow-up press conference with the head of the central bank, Jerome Powell. Gold futures for August delivery on the Comex division of the New York Mercantile Exchange, rose $1.80, or 0.1%, to $1,431.50 a troy ounce by 7:47 AM ET(11:47 GMT). “There is no let-up in gold demand from investors, even as they await the
Read in Investing.com: https://apple.news/AiBQnl-
Gold edges higher ahead of Fed decision
Gold futures drift higher Wednesday, heading for a fourth straight gain, ahead of a Federal Reserve decision on interest rates that could set the near-term tone for the precious metal.
Read in MarketWatch: https://apple.news/
Gold Prices Unchanged Ahead of Fed Meeting
Commodities Jul 31, 2019 05:02 GMT Investing.com - Gold Prices were unchanged on Wednesday in Asia ahead of the highly-anticipated U.S. Federal Reserve policy meeting later in the day. Gold futures for August delivery on the Comex division of the New York Mercantile Exchange was unchanged at $1,429.55 a troy ounce by 1:01 AM ET(05:01 GMT). The yellow metal has now recouped almost all the losses suffered after last week's European Central Bank meeting. All eyes will be on the U.S. Federal
Read in Investing.com: https://apple.news/
Oil Prices Rise on Falling U.S. Crude Stockpile; All Eyes on Fed Meeting
Commodities Jul 31, 2019 05:15 GMT Investing.com - Oil prices gained on Wednesday in Asia after the release of weekly data that showed a decline in U.S. crude stockpile. U.S. Crude Oil WTI Futures rose 0.7% to $58.45 by 1:15 AM ET (05:15 GMT). International Brent Oil Futures gained 0.9% to $65.20. Crude inventories fell by 6 million barrels in the week ended July 26 to 443 million barrels, compared with analysts' expectations in a Reuters poll for a decrease of 2.6 million barrels, the American
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BANKS/BANKING/CREDIT
Lloyds Bank plays down Brexit fears as mis-selling charge hits profits again
Lloyds Banking Group played down mounting concerns about Britain's Brexit crisis as it missed first-half profit forecasts due to a much larger than expected charge for mis-selling insurance.
Read in Reuters: https://apple.news/
Perspective | How to protect yourself if Capital One is in your wallet
It’s a pain, but change passwords often and set up two-factor authentication.
Read in The Washington Post: https://apple.news/
BNP Paribas buoyed by corporate and investment banking
French bank BNP Paribas posted forecast-beating quarterly profit on Wednesday, boosted by its corporate and investment banking (CIB) business, lifting its share price by more than 3%.
Read in Reuters: https://apple.news/
Credit Suisse is bucking the trend global banking's slump — reporting surging profits in the second quarter
Credit Suisse earnings surged in the second quarter, with the bank announcing an 8% rise in global markets revenue while fixed income sales and trading gained 11%. The bank reported an overall 45% surge in profits in the period. The announcement comes as most banks have disappointed in their earnings such as Deutsche Bank, Citigroup, and JPMorgan. View Markets Insider for more stories. Credit Suisse has bucked the global banking trend of decline in its second-quarter earnings report, announcing
Read in Business Insider: https://apple.news/A8Qoo_
Credit Suisse hails cost discipline as net profit jumps 45%
Credit Suisse posted its highest quarterly earnings in four years on Wednesday, hailing frugal cost management as paying off in a tough environment.
Read in Reuters: https://apple.news/
Perspective | How to protect yourself if Capital One is in your wallet
It’s a pain, but change passwords often and set up two-factor authentication.
Read in The Washington Post: https://apple.news/
TREASURIES/BONDS/STOCKS
Where are the opportunities for investors?UBS Financial Services Wealth Adviser Alli McCartney on the Federal Reserve, the state of the U.S. economy and the outlook for stocks.
Read in Fox News: https://apple.news/
Here’s how the Fed could rattle the market instead of calm it down
All eyes on the Fed. Well, and Apple. And a raft of economic data too.
Read in MarketWatch: https://apple.news/
Treasury yields dropa after U.S.-China trade talks wrap up without signs of progress
Treasury yields edge lower on Wednesday after trade negotiations between the U.S. and China end under a hail of criticism from the White House throughout the talks.
Read in MarketWatch: https://apple.news/
How a Flexible Bond Fund Keeps Beating Its Peers
Matt Toms, manager of the Voya Strategic Income Opportunities fund, calls himself a “one-trick pony.” It’s a pretty impressive trick.
Read in Barron's: https://apple.news/
Top 5 Things to Know in the Market on Thursday
Economy Aug 01, 2019 09:28 GMT Investing.com - Here are the top five things you need to know in financial markets on Thursday, August 1: 1. U.S. dollar hits 2-year high in Fed aftermath The U.S. dollar climbed to levels not seen since May 2017 against major rivals on Thursday after Federal Reserve Chairman Jerome Powell ruled out an extended policy easing cycle. Although the Fed matched expectations for a 25 basis point cut in Wednesday’s decision, Powell called the move a “small insurance cut”
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Day Ahead: The Top 3 Things to Watch
Stock Markets Jul 31, 2019 20:35 GMT Investing.com - Here are the top 3 things that could rock markets tomorrow. 1. Fed Fallout to Continue? Following the late selloff in markets Wednesday, Fed Chairman Jay Powell's unexpected hawkish remarks are likely to continue to have an impact Thursday as traders rein in expectations for future rate cuts. Powell said the Fed's decision to cut rates was not the beginning of a long series of rate cuts, throwing into doubt investor expectations that more
Read in Investing.com: https://apple.news/A_
CRYPTO'S / DIGITAL CURRENCY
US Lawmakers Claims US Cannot Ban Crypto Even If They Decide To
United State finally opened up to finalize the regulatory frameworks on cryptocurrency on Tuesday. During the congressional hearings, Senate Banking Chairman Mike Crapo (R-ID) claims that crypto is a global innovation. US Cannot Ban Bitcoin The majority asserts that Bitcoin cannot be banned, no matter if it’s the United States or any other country with more power. Implementing a ban on cryptocurrencies like Bitcoin is a catch-22. Despite years of uncertainty on how crypto & bitcoin can be
Read in Coingape: https://apple.news/
Crypto Exchange Rain Raises from BitMEX, Opens Trading In Middle East
BitMEX Ventures-backed crypto exchange Rain opens for business following a two-year sandbox program under Bahraini central bank
Read in CoinDesk: https://apple.news/A_
Crypto Exchange Rain Raises from BitMEX, Opens Trading In Middle East
BitMEX Ventures-backed crypto exchange Rain opens for business following a two-year sandbox program under Bahraini central bank
Read in CoinDesk: https://apple.news/A_
Who buys cryptocurrency? The stereotypes are true, but that is slowly changing
When it comes to the question of who buys cryptocurrency, there are certain stereotypes that do hold up in reality. Crypto owners tend to be perceived as young, male and high-income, and according to research conducted by Bitpanda and GlobalWebIndex, that is a correct assumption. However, the field is seeing rising diversity. The research, which...
Read in Verdict: https://apple.news/
Bitcoin Crime Becomes Top Priority For US Regulators As Crackdown On Crypto Industry Intensifies
The last few months have seen the United States pay more attention to the regulation of cryptocurrency. The concerned financial bodies have begun looking at the crypto industry as a serious financial sector and they have been cracking down on crypto companies over the last few weeks. Some crypto companies have already felt the effects of the crackdown being pushed by United States regulators. Binance recently announced that they will no longer be offering business to American crypto investors.
Read in InsideBitcoins: https://apple.news/
CURRENCIES
The Fed Will Decide If The Administration Devalues The DollarThe dollar index at the highs.A rally despite falling rates.A meeting at the White House - Navarro supports devaluation while the President says not so fast.A strategic news story.UDN for dollar bears.
Read in Seeking Alpha: https://apple.news/
Dollar Mixed after Core PCE Inflation Miss, Aussie Tumbles on Risk Aversion | Action ForexSterling remains the overwhelmingly weakest one on no-deal Brexit concerns. New Prime Minister Boris Johnson is pushing EU to re-open Brexit negotiation. But there is no sign from EU on a position shift yet. Australian and New Zealand Dollars are the next weakest as markets turn into risk averse mode. On the other hand, Swiss […] The post Dollar Mixed after Core PCE Inflation Miss, Aussie Tumbles on Risk Aversion appeared first on Action Forex.
Read in Action Forex: https://apple.news/
Dollar Weakens Mildly as Focus Turns to FOMC Rate Cut | Action ForexDollar trading generally lower today as markets await Fed’s highly anticipated rate cut. Though, the greenback is just the second weakest. New Zealand Dollar is the worst performing one for today so far on deteriorating business confidence. Swiss Franc is the third weakest as markets turned mixed. Australian Dollar is lifted by slightly higher CPI […] The post Dollar Weakens Mildly as Focus Turns to FOMC Rate Cut appeared first on Action Forex.
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Forex - Dollar Steady Before Fed, Pound Rebounds SlightlyForex Jul 31, 2019 08:10 GMT Investing.com - The dollar was holding steady against a currency basket on Wednesday ahead of the Federal Reserve’s rate decision later in the day where policymakers were widely expected to deliver their first rate cut in more than a decade. With a quarter percent rate cut already priced in, the main focus was on whether the Fed would leave the door open for further policy easing in a bid to insulate the world's largest economy from slowing global growth and the
Read in Investing.com: https://apple.news/
Sterling Steadies, Attention Shifts To FOMCAfter a shellacking in recent days, the sterling has stabilized though there is not much of a bounce to speak of, suggesting the adjustment to the risk of a no-deal Brexit may not be complete.After the S&P 500 posted back-to-back declines, Asia Pacific equities struggled.European stocks are little changed after the Dow Jones Stoxx lost nearly 1.6% yesterday, its largest loss in two months.The US dollar is narrowly mixed, with the Australian dollar is recovering some of the ground lost yesterday.
Read in Seeking Alpha: https://apple.news/
GLOBAL MARKETS-Sterling tumbles on hard Brexit worries; stocks slip
(Updates with U.S. market; changes byline, dateline fromprevious LONDON)
Read in Reuters: https://apple.news/
HEALTH / SCIENCE
Your smartphone addiction could increase your odds of obesity so chew on that
Participating men were 36.1% likely to be overweight and 42.6% likely to be obese. Women were 63.9% likely to be overweight and 57.4% likely to be obese.
Read in Ladders: https://apple.news/AoaCD_
The Second-Deadliest Outbreak of Ebola Ever is About to Spread to a Third Country
A second case in the Congolese border city Goma is raising fears the outbreak will spread into Rwanda.
Read in VICE: https://apple.news/
Ebola crisis anniversary sparks concerns of long-term threat
Public health officials are worried that the year-old Ebola epidemic is spiraling out of control, and that the international response lacks either the urgency or funding to contain rampant transmission.
Read in The Hill: https://apple.news/
8 Unexpected Reasons You Might Be Snoring
Sawing logs lately?Snoring affects 90 million Americans and the majority of these people "areunaware of why they snore or what snoring could indicate about their overallhealth," according to Jagdeep Bijwadia, a board-certified doctor in internal,sleep and pulmonary diseases medicine.Snoring can be a telltale sign of an underlying sleep disorder like sleepapnea, a condition that can cause a pause in breathing while asleep. Butsimple, daily habits or decisions can also make you vulnerable to ...
Read in HuffPost: https://apple.news/Aoqx22-
A new study finds wearables have "little benefit" on chronic disease health outcomes
Wearable activity trackers have "little benefit" on chronic disease health outcomes, according to a new American Journal of Medicine analysis. Only 1 of 6 studies found that people who wore the devices lost significant weight, and no significant reduction was discovered in cholesterol or blood pressure.
Read in Axios: https://apple.news/
Poorer U.S. patients less likely to get blood pressure controlled
(Reuters Health) - Poorer patients in the U.S. may be less likely to get their blood pressure under control, even when they are participating in a clinical trial where medication and doctor's visits are provided free of charge, a new study finds.
Read in Reuters: https://apple.news/
Your smartphone addiction could increase your odds of obesity so chew on that
Participating men were 36.1% likely to be overweight and 42.6% likely to be obese. Women were 63.9% likely to be overweight and 57.4% likely to be obese.
Read in Ladders: https://apple.news/AoaCD_
The Second-Deadliest Outbreak of Ebola Ever is About to Spread to a Third Country
A second case in the Congolese border city Goma is raising fears the outbreak will spread into Rwanda.
Read in VICE: https://apple.news/
Ebola crisis anniversary sparks concerns of long-term threat
Public health officials are worried that the year-old Ebola epidemic is spiraling out of control, and that the international response lacks either the urgency or funding to contain rampant transmission.
Read in The Hill: https://apple.news/
8 Unexpected Reasons You Might Be Snoring
Sawing logs lately?Snoring affects 90 million Americans and the majority of these people "areunaware of why they snore or what snoring could indicate about their overallhealth," according to Jagdeep Bijwadia, a board-certified doctor in internal,sleep and pulmonary diseases medicine.Snoring can be a telltale sign of an underlying sleep disorder like sleepapnea, a condition that can cause a pause in breathing while asleep. Butsimple, daily habits or decisions can also make you vulnerable to ...
Read in HuffPost: https://apple.news/Aoqx22-
A new study finds wearables have "little benefit" on chronic disease health outcomes
Wearable activity trackers have "little benefit" on chronic disease health outcomes, according to a new American Journal of Medicine analysis. Only 1 of 6 studies found that people who wore the devices lost significant weight, and no significant reduction was discovered in cholesterol or blood pressure.
Read in Axios: https://apple.news/
Poorer U.S. patients less likely to get blood pressure controlled
(Reuters Health) - Poorer patients in the U.S. may be less likely to get their blood pressure under control, even when they are participating in a clinical trial where medication and doctor's visits are provided free of charge, a new study finds.
Read in Reuters: https://apple.news/
USA / CANADA
Why the fed wants higher inflation
Low inflation may sound good to consumers, who like what it suggests about the prices they'll pay. But the Federal Reserve — which will likely cite the lack of meaningful price increases as a motive for cutting interest rates today — has reasons for concern.
Read in Axios: https://apple.news/
The Fed set to cut rates: Why you should care
If the Fed cuts rates, it could increase what you pay for gas and even impact the cost of goods.
Read in Fox Business: https://apple.news/
ADP says 156,000 private-sector jobs added created in July
The nation’s businesses created 156,000 private-sector jobs in July, payroll processor ADP said Wednesday, showing that companies are still willing to hire despite stiffer headwinds for the economy such as the ongoing trade spat with China.
Read in MarketWatch: https://apple.news/
GLOBAL MARKETS-Stocks off on Trump's warning to China; sterling falls further
* Sterling hits fresh 28-month low on no-deal Brexit angst
Read in Reuters: https://apple.news/AJ6_
EMERGING MARKETS
EMERGING MARKETS-Latam FX slip ahead of U.S, Brazil rate decisions
Latin American currencies slipped onTuesday as investors awaited the conclusion of a U.S. FederalReserve policy meeting for clues on the direction of interestrates, while Brazilian shares were hit by declines in bankingstocks. The real edged lower for a second day ahead ofBrazil's central bank decision on Wednesday. A Reuters poll of27 economists showed the median forecast was for an interestrate cut of 25 basis points to 6.25%. Brazil is the latest among a series of developing worldeconomies to
Read in Reuters: https://apple.news/ArSDgfRm1T-
EM Bonds: A Winner In The Race To Cut Rates?
Lower interest rates in developed markets have been the key driver of emerging markets debt returns so far this year, despite several idiosyncratic stories and emerging markets central banks that have until recently exhibited an overall tightening bias.In our view, the shift in policy globally is creating a potential runway for emerging markets currencies to possibly fare better versus the U.S. dollar, and for emerging markets central banks to, partly as a consequence, take a more dovish stance
Read in Seeking Alpha: https://apple.news/AXaYnL_
Companies from emerging markets like China are now in the big league, and global investors want to play
Since China joined the World Trade Organisation in 2001, there has been a significant shift in the contribution of gross domestic product from developed markets to emerging markets. In nominal US dollar terms, emerging markets’ share of GDP has risen to…
Read in South China Morning Post: https://apple.news/
UPDATE 1-Smith+Nephew lifts revenue outlook on emerging market boost
(Adds details on earnings, context)
Read in Reuters: https://apple.news/
MIDDLE EAST
Iran to reduce nuclear deal commitments more unless Europe protects it: Zarif
DUBAI (Reuters) - Iran is set to further cut its commitments to its international nuclear deal unless its European partners move to protect it from U.S. sanctions by ensuring it can sell oil and receive income, its foreign minister told state television on Wednesday. "Under current circumstances and if no action is taken (by the Europeans) we will take the next step (in cutting commitments)," Mohammad Javad Zarif said, adding that its European partners should guarantee Iran could sell its oil
Read in Business Insider: https://apple.news/ArW9rg2_
Iran calls Pompeo's offer to address Iranian people in Tehran a 'hypocritical gesture'
Iran has fired back at Secretary of State Mike Pompeo's "hypocritical gesture" to visit the country and address the Iranian people.
Read in Fox News: https://apple.news/
Is Iraq Set to Follow Iran and Curb Religious Freedom?
Anchored Titles on Header
Read in RealClearPolitics: https://apple.news/
Iraq, Kuwait to appoint ERC Equipoise for joint oilfield development study
Iraq has agreed with Kuwait to appoint British energy advisory firm ERC Equipoise to prepare a study for the development of joint border oilfields, the Iraqi oil ministry said on Wednesday.
Read in Reuters: https://apple.news/
Amazon to buy Israeli startup E8 storage: media
E-commerce giant Amazon has agreed to buy Israeli storage technology startup E8 Storage, Israeli financial media reported on Wednesday.
Read in Reuters: https://apple.news/A9CN-
AFRICA
Ethiopia opens up banking sector to diaspora, dual-nationals
Ethiopia's parliamentpassed a bill on Wednesday to open up the country's financialsector to an estimated five million citizens living abroad orwith dual nationality, including allowing them to buy shares inlocal banks and start lending businesses.
Read in Reuters: https://apple.news/
Zimbabwe: Zim Govt Should Speed Up Production of Lithium - Busha
Businessman-cum-politician Joseph Busha Monday urged the government to take the lead in the production of lithium as a sustainable renewable energy, that can unlock economic opportunities for the youths in the country. In his keynote address at Hoja youth summit, a Pan African youth empowerment meeting held at Africa University in Mutare at the weekend, Busha said since Zimbabwe has the largest lithium deposits in Africa, it should take the lead and start an industry that deals with renewable
Read in AllAfrica: https://apple.news/AQEp--
Zimbabwe: Migration to Solar Costs Econet Us$60m
ECONET Wireless Zimbabwe says it requires more than US$60 million to upgrade its equipment and convert all its sites to solar power. The move to embrace solar energy comes on the back of crippling power cuts, which have dampened operational efficiency for many businesses. "We require over US$60 million to upgrade equipment and convert our sites to solar," the listed telecoms giant posted on its official Twitter handle yesterday. Recently, Econet services went down for hours after power cuts
Read in AllAfrica: https://apple.news/
Zimbabwe: Cabinet Approves Two Bills
Cabinet yesterday approved principles for the amendment of the Administrative Justice Act as well as the Radiation Protection Act to ensure the laws comply with the Constitution as well as international standards. This was said by Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa while addressing journalists on the 27th Cabinet decision matrix that was held in Harare yesterday. The principles for the amendment of the Administrative Justice Act were presented by Justice,
Read in AllAfrica: https://apple.news/
Zimbabwe: Zdf Assistance Week Begins
THE Zimbabwe Defence Forces (ZDF) will tomorrow launch the annual Community Assistance Week with a number of activities lined up ahead of the Defence Forces Day. Defence and War Veterans Affairs Minister Oppah Muchinguri-Kashiri is set to officially launch the community assistance programme in Gokwe next week at Katema Clinic. In the month of August every year, the ZDF runs Community Assistance Week during which it embarks on selected projects where the force will be carrying out various
Read in AllAfrica: https://apple.news/
Zimbabwe: Economy Will Thrive - Mahiya
Joseph Madzimure and Wallace Ruzvidzo ZANU-PF is committed to building a thriving economy whose benefits will be equitably shared by all Zimbabweans, the party's secretary for Welfare Services for War Veterans, War Collaborators, Ex-political prisoners, Detainees and Restrictees Cde Douglas Mahiya has said. Cde Mahiya was speaking at the trainers' of breadmakers workshop at the party headquarters which was attended by 300 participants on Monday. "We have to make sure that we have acted upon what
Read in AllAfrica: https://apple.news/
Zimbabwe: Reform Tops ED's First Year in Charge
The first year of President Mnangagwa's leadership has been underpinned by massive reforms to transform the country economically and change its governance, a top Government official has said. Zimbabweans last year elected President Mnangagwa of the ruling Zanu-PF party at the expense closest challenger, opposition MDC-Alliance's Nelson Chamisa and a field of other candidates. Since assuming the reins, the Head of State and Government has instituted measures to stop previous maladministration as
Read in AllAfrica: https://apple.news/
Zimbabwe holds first public T-bill auction in 7 years
The Reserve Bank of Zimbabwe invited bids for 91-day treasury bills worth 30 million Zimbabwe dollars, which would be allotted to successful bidders on Thursday. Zimbabwe’s central bank on Wednesday sought to raise 30 million Zimbabwe dollars ($3.27 million) at its first public auction of treasury bills since 2012. Between 2013 and last year, the...
Read in FurtherAfrica: https://apple.news/
ASIA
The escalating dispute between Tokyo and Seoul is already affecting businesses
The ongoing dispute between Japan and South Korea has begun to affect businesses across multiple sectors and could potentially even dent the global economy.
Read in CNBC: https://apple.news/
China stocks falter on trade risks; Shanghai shares end month lower
* SSEC -0.7%, CSI300 -0.9%, HSI -1.3%, HSCE -1.3%
Read in Reuters: https://apple.news/
China c.bank raises small banks' relending quota by 50 bln yuan
China's central bank said onWednesday it will increase its relending quota for small andmedium-sized banks by 50 billion yuan ($7.27 billion) to boostcredit for small and private firms.
Read in Reuters: https://apple.news/
China claims progress towards world’s biggest trade deal, but India remains biggest roadblock to RCEP
China has claimed “positive progress” towards finalising the world’s largest free-trade agreement by the end of 2019 after hosting 10 days of talks, but insiders have suggested there was “never a chance” of concluding the deal in Zhengzhou. The 27th round…
Read in South China Morning Post: https://apple.news/
China says it will make concessions on American farm goods in “frank” trade talks
China has agreed to buy more agricultural goods from the United States after “frank, efficient, and constructive” trade talks on Wednesday, the first between the two countries’ top negotiators since discussions were suspended in May. While the Chinese…
Read in South China Morning Post: https://apple.news/
EUROPE
UK Brexit negotiator heads to Brussels to meet EU officials despite Boris Johnson claim there would be no talks
The UK's Brexit negotiator is heading to Brussels for meetings with EU officials, despite a claim by Boris Johnson that the UK would stay away until the bloc scraps the controversial backstop.
Read in The Independent: https://apple.news/ADE-
Eurozone annual inflation to slow down in July
Mubasher: Preliminary reading indicated that the Eurozone annual inflation would come at 1.1 % in July, down from 1.3% in June.
Read in Mubasher: https://apple.news/
Euro zone second-quarter growth halves, inflation slows despite jobless at 11-year low
BRUSSELS (Reuters) – Euro zone economic growth halved in the April-June period and inflation slowed sharply in July even though the unemployment rate fell to its lowest in 11 years, data from the European Union’s statistics office showed on Wednesday. Eurostat’s preliminary flash estimate of gross domestic product growth in the 19 countries sharing the...
Read in CreaWorldNews: https://apple.news/
No-Deal Brexit 'Up To The EU' Says Boris Johnson But Is Brussels Ready?
Britain's new Prime Minister Boris Johnson has ramped up his rhetoric in his first week in office by saying the U.K. will leave the EU 'with or without' a deal on October 31. But a report this week has claimed the bloc is even less prepared for a no-deal than the U.K.
Read in Forbes: https://apple.news/
UK energy prepayment price cap should be extended past 2020: watchdog
Britain's competition watchdog said on Wednesday that energy regulator Ofgem should continue to protect people who pay for their energy upfront beyond 2020.
Read in Reuters: https://apple.news/A3LnTo-
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI Closed on Friday and Saturday
The currency auction is
There are no news and announcements.
The ISX Closed on Friday and Saturday
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
http://www.dinarguru.com/
8-2-2019 Newshound Guru Adam Montana There's a lot of talk right now from the gurusphere... Article IV of the IMF, Article 140 with Iraq, HCL, Article VIII...The interesting thing about all this new Guru stuff out there? They are actually on the right path, for once... The IMF, GOI, and a few other sources are putting out some VERY high profile talk right now, and it's too hot to ignore. We all know I can't predict the date or the rate, so I won't try... but I'll say this again: It's too hot to ignore right now. I am REALLY looking forward to some further developments on the latest, because I can't remember the last time we had THIS much good stuff brewing all at the same time.
8-1-2019 Newshound Guru Adam Montana [They’ve come a long way since their 1st election in 2005...they still have a long road ahead. Recent developments will help smooth out some of the rougher bumps in the road.] I think thy have a long road ahead BUT that is going to be the case regardless of when they change the value...
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...I've got an article showing...how Iraq has engaged in a Memorandum of Understanding with the U.N. to do the reconstruction in liberated areas...So this is just more proof showing you were at the end of the ride... And remember Art. 140, which...some of it is giving restitution to the Kurdistan people/citizens ...there's money allocated for Art. 140 inside the 2019 budget. That shows you Iraq has full intentions of changing the rate this year, in 2019 not 2020. [post 3 of 3]
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...I've got an article showing...how Iraq has engaged in a Memorandum of Understanding with the U.N. to do the reconstruction in liberated areas...So this is just more proof showing you were at the end of the ride... And remember Art. 140, which...some of it is giving restitution to the Kurdistan people/citizens ...there's money allocated for Art. 140 inside the 2019 budget. That shows you Iraq has full intentions of changing the rate this year, in 2019 not 2020. [post 3 of 3]
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...The reconstruction from the war has been outstanding for over 1 1/2 yrs. ...because they can only use 1 currency to pay for it...the dinar. The reason they have not pushed forward & restarted reconstruction is simply because their currency is not internationally recognized... It's that simple...how can they pay outside contractors...to pay for it? ...They can't. They simply have to wait until it is internationally recognized which means they have to wait until the rate change occurs and their currency becomes internationally recognized. [post 2 of 3....stay tuned]
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...Last weekend you had a chance to see the IMF Article 4 consultation and inside of that it had comments about Iraq transitioning into Art. VIII and showing you how Iraq is currently under Art. VIII rules and guidelines per the IMF ...that's because Iraq's got training wheels on right now transitioning into Art. VIII and they have been at that step for at least a year now. And one of the key things you saw was that Iraq is under a single currency practice, MCP, which means they can only use 1 currency, their native currency, the Iraqi dinar. [post 1 of 3....stay tuned]
8-1-2019 Intel Guru MarkZ At redemption centers my contacts are there and just twiddling their thumbs waiting for us all to exchange. Was unable to get in touch with people in Iraq which is unusual...so unable to find out about rumored new rates at street level there. [I was told 800 numbers after market close tonight.] That makes sense and goes with the intel I was told. [I heard Dong will rv at .42 cents.] I heard anywhere from .42 to $2+.
8-1-2019 Intel Guru Frank26 "International" is a theme that is permeating the air in Iraq. The citizens know. The contractors know. The budget knows... Internationalism is everywhere...the IMF came out and said they are Article VIII...Remember I told you they're overspending and to me it's an example that Iraq knows what they are about to do with their currency...March 20th Article "Parliament Finance Committee is moving in the current legislation session to develop mechanisms to change the monetary policy in the country of Iraq in coordination with the Central Bank of Iraq aimed at raising the dinar exchange rate and maintaining the stability of inflation..." Evidence is everywhere...their goal was [is] to add value...
8-1-2019 Newshound/Intel Guru Mnt Goat Article: "IMF EXECUTIVE BOARD CONCLUDES 2019 ARTICLE IV CONSULTATION WITH IRAQ" this also is WOW news! This consultation was supposed to happen last Sept but was postponed due to not having the government fully in place. So now that we see this article on the results of it, we know that the IMF is satisfied with what government is formed and we can conclude for all practical purposes it is done...This is a very good indicator as to where we are. But is there anything else they need to get done? Also...they project such a high GDP in 2020? How will they accomplish this change in GDP without a real rate of their currency?
8-1-2019 Newshound Guru Breitling ...Trump is bitching about the Federal Reserve. Why? Because all these countries are artificially lowering the value of their currencies so they can compete with one another...Trump is like, 'Hey, we need to do that too or we're going to get hurt here.'...Trump can't get the Federal Reserve to lower the value of the currency [U.S. Dollar]...the idea that the president has control over the currency, well that stops that debate right? He's begging them to lower interest rates. So Trump doesn't have control over our currency of whether it goes up or down he sure as shit doesn't have control of Iraq's currency does he? So that will give you a clue of the reality of it...
8-1-2019 Newshound/Intel Guru Dinar Investor - Jeff ...Last weekend you had a chance to see the IMF Article 4 consultation and inside of that it had comments about Iraq transitioning into Art. VIII and showing you how Iraq is currently under Art. VIII rules and guidelines per the IMF ...that's because Iraq's got training wheels on right now transitioning into Art. VIII and they have been at that step for at least a year now. And one of the key things you saw was that Iraq is under a single currency practice, MCP, which means they can only use 1 currency, their native currency, the Iraqi dinar. [post 1 of 3....stay tuned]
8-1-2019 Intel Guru MarkZ At redemption centers my contacts are there and just twiddling their thumbs waiting for us all to exchange. Was unable to get in touch with people in Iraq which is unusual...so unable to find out about rumored new rates at street level there. [I was told 800 numbers after market close tonight.] That makes sense and goes with the intel I was told. [I heard Dong will rv at .42 cents.] I heard anywhere from .42 to $2+.
8-1-2019 Intel Guru Frank26 "International" is a theme that is permeating the air in Iraq. The citizens know. The contractors know. The budget knows... Internationalism is everywhere...the IMF came out and said they are Article VIII...Remember I told you they're overspending and to me it's an example that Iraq knows what they are about to do with their currency...March 20th Article "Parliament Finance Committee is moving in the current legislation session to develop mechanisms to change the monetary policy in the country of Iraq in coordination with the Central Bank of Iraq aimed at raising the dinar exchange rate and maintaining the stability of inflation..." Evidence is everywhere...their goal was [is] to add value...
8-1-2019 Newshound/Intel Guru Mnt Goat Article: "IMF EXECUTIVE BOARD CONCLUDES 2019 ARTICLE IV CONSULTATION WITH IRAQ" this also is WOW news! This consultation was supposed to happen last Sept but was postponed due to not having the government fully in place. So now that we see this article on the results of it, we know that the IMF is satisfied with what government is formed and we can conclude for all practical purposes it is done...This is a very good indicator as to where we are. But is there anything else they need to get done? Also...they project such a high GDP in 2020? How will they accomplish this change in GDP without a real rate of their currency?
8-1-2019 Newshound Guru Breitling ...Trump is bitching about the Federal Reserve. Why? Because all these countries are artificially lowering the value of their currencies so they can compete with one another...Trump is like, 'Hey, we need to do that too or we're going to get hurt here.'...Trump can't get the Federal Reserve to lower the value of the currency [U.S. Dollar]...the idea that the president has control over the currency, well that stops that debate right? He's begging them to lower interest rates. So Trump doesn't have control over our currency of whether it goes up or down he sure as shit doesn't have control of Iraq's currency does he? So that will give you a clue of the reality of it...
8-1-2019 Intel Guru Eagleone2025 [via PDK] There has been a lot of things happening with a lot of military guys and intel from DC and the Whitehouse. I understand that this appears real close. I really hope we are in the banks this week...I did talk with the contacts who had told me to look at Sept and Oct and now it seems that Trump is having meeting the first part of August with both foreign and local reps about the RV. ...if it takes a little longer - don’t get discouraged. It will happen...I really hope the guys who told me that to watch Sept and Oct. are wrong and that we are all in the banks this week...
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Mahdi's website; posted only on Arabic side, not on English side)
Prime Minister Adel Abdul Mahdi receives the Turkish President's Special Envoy on Water
Prime Minister Recep Tayyip Abdul Mahdi, the Turkish President's Special Envoy on Water, Mr. Faisal Oglu, and his accompanying delegation, which includes a number of members of the Turkish Parliament, stressed the importance of relations between the two countries and the two friendly peoples. Two neighboring States.
The Prime Minister pointed out the importance of consolidating relations in the water file and linking Iraqi interests with the interests of Turkey and the establishment of joint Iraqi-Turkish companies inside Iraq, which is related to water projects and other projects that serve Iraqi interests and provide job opportunities and help the Turkish interests to benefit from the Iraqi economy instead of importing, Stressing that the government is seeking to move from trade to production within Iraq.
He pointed out that the water file is an important file for the agricultural sector and that we are moving this year to improve the agricultural situation and we want to continue this approach in the coming years, and there should be cooperation in the field of better water utilization and the possibility of Iraq to benefit from the experiences of Turkey in the field of irrigation.
The special envoy of the Turkish president said that his visit to Iraq comes to open the horizons of joint cooperation on the subject of water. He presented a set of proposals for implementing land reclamation projects and other projects for the development of the drinking water and sanitation sector as well as increasing cooperation in the fields of trade and economy. The establishment of a joint research center specialized in water management between the two countries based in Baghdad, as well as cooperation in the field of forest planting and the establishment of nurseries for forest trees appropriate to the conditions of Iraq.
During the meeting, technical information was exchanged about the levels of water reservoirs to improve the operation of dams and water management, especially during crises in the seasons of scarcity and flooding, as well as cooperation in regional and international files related to water.
Media Office of the Prime Minister
1 August 2019
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ARTICLE 2 (from Government of Iraq twitter account)
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt8-2-2019 around 10 am Eastern
Members of the @IraqiGovt oversee a ceremony, attended by representatives of @UNESCOIraq and the international diplomatic community in Baghdad, to mark the return of Iraqi artifacts. Click here for more details:
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ARTICLE 3
Abdul Mahdi and Halbusi discuss joint coordination between the executive and legislative authorities
2019/8/1 13:56
[Baghdad-where]
Prime Minister Adel Abdul Mahdi and Speaker of the House of Representatives Mohammed Al Halbusi on Thursday discussed the security, political and economic situation in the country and the latest regional and international developments.
"The meeting stressed the importance of coordination between the legislative and executive branches, supporting the government in implementing its government program according to the specified time, and providing the best services to the citizens," said a statement from the Halabousi office.
The meeting also reviewed "the results of the visit of the Speaker of the House of Representatives to the State of Kuwait; to discuss ways to invest funds allocated for the reconstruction of Iraq at the Kuwait International Conference of donors held in February 2018, and the Kuwaiti side's commitment to the outcome of the conference and support the work of the Iraqi government, Reconstruction, providing services to citizens, and achieving stability. "
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ARTICLE 4
Arab newspaper on Iraqi sources: A prospective change in the government of Abdul Mahdi includes 4 ministries
2019/8/1 19:22
[Baghdad-where]
Informed political sources revealed a forthcoming cabinet reshuffle in the government of Adel Abdul Mahdi.
The newspaper quoted [the new Arab] Qatari sources said that Abdul Mahdi "intends to make amendments in his government by changing the number of ministers who were raised against them files of corruption and demanded some political blocs to be questioned in parliament."
She pointed out that "this amendment comes within the understandings reached to advanced stages carried out by Abdul-Mahdi with a number of political blocs."
She noted that "observers believe that the understandings come in the framework of the efforts of the Prime Minister to win political opponents and win them to his government, after agreeing to their desire for change."
An Iraqi official in Baghdad told the newspaper that "the ministerial reshuffle may be approved after Eid al-Adha in the event of the completion of understandings with the political blocs," noting that "Abdul-Mahdi opened the door of dialogue and understanding on his government, with the blocks that were pushing to dismiss a number of ministers, which The cradle of political understandings in this regard. "
He explained that "the blocks were pressing to dismiss six ministers of the government of Abdul Mahdi, but understandings are currently underway on the dismissal of four of them only, were raised against them files of corruption," noting that "will be during the coming period, specifically during the next legislative term, move in this regard, after That understandings mature. "
The official pointed out that "the rapprochement between Abdul-Mahdi and the political blocs, comes in the framework of strengthening the common relations and the acquisition of political opponents and win them alongside the government."
The stream of national wisdom, someone has flawed the performance of the government in five ministries and he intends to question ministers in the next legislative term
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ARTICLE 5
News of the death of bin Laden's son and successor
2019/7/31 21:49
[Follow-up]
NBC News reported that Washington has information on the death of Osama bin Laden, the son of Osama bin Laden and his possible successor, according to three US officials.
Officials did not give information on where and when Hamza bin Laden died, or whether the United States had a role in his death, according to the network.
Hamza bin Laden is believed to have been born in 1989 and his father moved to Afghanistan in 1996.
On March 1, 2019, the State Department said in a statement that it was pledging a $ 1 million reward for providing information on Osama bin Laden's son, Hamza bin Laden. Washington offered the reward after Hamza threatened on the Internet to carry out attacks against the United States to avenge the killing of US special forces and his father in 2011, who was hiding in the Pakistani town of Abbotabad.
Topic you care about? After the newspaper "The Wall Street Journal" reported that the mastermind of the events of September 11, Khalid Sheikh Mohammed, ready for a deal with the states ... Who is the Qatari minister involved in harboring the mastermind of the 11 attacks
September? The Arabian Gulf
The whereabouts of Hamza bin Laden has been the subject of speculation for years, with various information that he lives in Pakistan, Afghanistan and Syria, or that he is under house arrest in Iran.
The US State Department said in a statement that Hamza bin Laden had posted online at least since August 2015 voice messages calling on extremists in Syria to unite.
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ARTICLE 6
The Shiite Waqf sues the organizers of the opening ceremony of West Asia to violate the privacy of the holy cities
2019/8/1 14:00
[Baghdad-where]
The Shiite Waqf Bureau filed a lawsuit against the organizer of the opening of the 2019 West Asia Championship held at the Karbala International Stadium in violation of the opening rules and privacy of the holy cities, ethics and public morals.
A source in the Shiite Endowment's Office said in a statement that "the lawsuit filed by the SAI comes from the premise of bypassing the Iraqi authorities, specifically the Iraqi Football Federation organizing the inauguration held at Karbala Stadium between the Iraqi team and his Lebanese counterpart on the privacy of the religious city and law The protection of the holy sites is a religious city with its specificity and sanctity. "
The source added that "the atmosphere of the celebration, which included activities outside the city's literature, issued the national achievement of Iraq embrace international tournaments, and confirms the Shiite Waqf Bureau that the right to exercise sports activities for everyone, but that the importance of taking into account the privacy of the place of the championships of the great moral link to the feelings of believers and Muslims not Especially in a city such as the holy city of Karbala, which embraces the master of the youth of the people of Paradise Imam Hussein and his brother Abbas (peace be upon them) and the purity and purity of the Companions.
The Shiite Endowment issued a statement condemning the moral and legal violation of the celebration witnessed by the stadium in a large official presence
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