WOTS Friday 8/9/19:
Forex Rates:
Symbol | Bid | Ask | High | Low | Open | Change | Time |
---|---|---|---|---|---|---|---|
USD/IQD | | | 1185.4000 | 1185.3000 | 1185.4000 | | 00:00 |
USD/VND | | | 23231.0800 | 23227.1300 | 23231.0800 | | 11:01 |
USD/CNY | | | 7.0561 | 7.0440 | 7.0440 | | 04:22 |
USD/KWD | | | 0.3037 | 0.3031 | 0.3037 | | 04:22 |
GBP/USD | | | 1.2147 | 1.2088 | 1.2132 | | 04:23 |
USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 00:00 |
USD/IDR | | | 14234.0000 | 14165.0000 | 14176.0000 | | 04:20 |
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DC NY Iraq Articles:dd
Halbousi: Parliament is committed to the vote on the offices of general inspectors
09-08-2019 12:42 AM
Baghdad
Speaker of the House of Representatives Mohammed Halbousi, on Thursday, that the House of Representatives is committed to the vote of the House with regard to the offices of general inspectors.
Halbousi said in a statement received 'orbit' version of it, 'The House of Representatives voted in March on the formulation of a resolution in principle to cancel the offices of general inspectors, stressing the Council's commitment to what was voted on'.
The President of the House of Representatives that 'offices of general inspectors are still working by the dissolved coalition authority issued by the civilian governor Paul Bremer No. (57) for the year 2004,' pointing out that 'these offices were not able in previous years to stop the waste of public money, and must be Activating the role of the Integrity and Financial Supervisory Authority.
Halbousi said that 'one of the competencies of the House of Representatives in accordance with Article 16 of the Constitution is to oversee the performance of the executive authority, and may not continue the work of the offices of general inspectors in a way that allows the government to monitor itself through the work of those offices, and this is contrary to the functions of the legislative authority.'
He called 'the government to abide by the decisions of the House of Representatives.
Speaker of the House of Representatives Mohammed Halbousi, on Thursday, that the House of Representatives is committed to the vote of the House with regard to the offices of general inspectors.
Halbousi said in a statement received 'orbit' version of it, 'The House of Representatives voted in March on the formulation of a resolution in principle to cancel the offices of general inspectors, stressing the Council's commitment to what was voted on'.
The President of the House of Representatives that 'offices of general inspectors are still working by the dissolved coalition authority issued by the civilian governor Paul Bremer No. (57) for the year 2004,' pointing out that 'these offices were not able in previous years to stop the waste of public money, and must be Activating the role of the Integrity and Financial Supervisory Authority.
Halbousi said that 'one of the competencies of the House of Representatives in accordance with Article 16 of the Constitution is to oversee the performance of the executive authority, and may not continue the work of the offices of general inspectors in a way that allows the government to monitor itself through the work of those offices, and this is contrary to the functions of the legislative authority.'
He called 'the government to abide by the decisions of the House of Representatives.
Aboudi stresses accountability of ministers and criticizes random government program
Release date:: 2019/9/8 03:3
BAGHDAD: Al-Hikmah opposition MP, Ali al-Aboudi, stressed the need to "rebuke" the ministers in the government of Adel Abdul Mahdi for "failing" in the implementation of the achievements of the government program.
"The government program is absent from the priorities of the projects and figures that mentioned excessive and indiscriminate and included an unjustified narrative and explanations," Aboudi said.
He pointed out that "governments after 2003 were unable to provide the ration card as if it became a nuclear file," noting that "the evaluation of Abdul-Mahdi government program, we hope that the level of ambition corresponds to the challenges of the country."
Aboudi pointed out that "the temporal weights are absent in the program and the ministers must be rebuked for the negative outputs in the government achievement and hosted in parliament for that."
He pointed out that "the commission in charge of the wisdom of the evaluation of the government program was based on experts and independent and its report was professional and the rate of evaluation was close to the proportion of the Committee to follow up the government program parliamentary and even similar in some paragraphs between them."
Abadi explained that "the opposition report is more advice than trying to embarrass the government because of the state of maturity and unfortunately we have not received the response of the Secretariat of the Council of Ministers on it despite the handover 10 days ago."
He pointed to "the problem of oil between the center of the region is not the result of the moment and the constitution is clear in the management of oil wealth as the property of all the Iraqi people," stressing that "the oil of the region is the rights of a nation and not a political or national component."
He expressed surprise that "the government program is completely free of any reference to control the border ports."
He pointed out that "governments after 2003 were unable to provide the ration card as if it became a nuclear file," noting that "the evaluation of Abdul-Mahdi government program, we hope that the level of ambition corresponds to the challenges of the country."
Aboudi pointed out that "the temporal weights are absent in the program and the ministers must be rebuked for the negative outputs in the government achievement and hosted in parliament for that."
He pointed out that "the commission in charge of the wisdom of the evaluation of the government program was based on experts and independent and its report was professional and the rate of evaluation was close to the proportion of the Committee to follow up the government program parliamentary and even similar in some paragraphs between them."
Abadi explained that "the opposition report is more advice than trying to embarrass the government because of the state of maturity and unfortunately we have not received the response of the Secretariat of the Council of Ministers on it despite the handover 10 days ago."
He pointed to "the problem of oil between the center of the region is not the result of the moment and the constitution is clear in the management of oil wealth as the property of all the Iraqi people," stressing that "the oil of the region is the rights of a nation and not a political or national component."
He expressed surprise that "the government program is completely free of any reference to control the border ports."
Iraq Close to Replacing ExxonMobil with BP and Eni: Report
Iraq is close to replacing the US energy ExxonMobil company with oil majors BP and Eni for an export pipeline project, a report revealed on Thursday.
At least five senior Iraqi oil officials, who have been involved in direct negotiations, told Reuters on condition of anonymity that the British company BP and Italy's Eni would run the scheme to establish a couple of sea floor oil pipelines for exports from southern Iraq through the Gulf.
The officials further explained that the pipeline work was meant to be part of a larger $53 billion project with ExxonMobil, but that security concerns and other reasons caused the deal to be held back.
They pointed out that ExxonMobil had left no choice for Iraq and that this was the reason Iraq began to find alternatives.
"We can’t wait for Exxon forever. We have serious problems with our sea pipelines and urgently need to find partners to help build new ones. Further delays could harm our sea export infrastructure," said one of the officials, according to the report.
However, the three major companies are yet to make any comments on the report.
Karbouli: Appointment of general inspectors with varying political references chaos intended to marginalize the Sunni component
09-08-2019 01:02 AM
Baghdad
Member of the House of Representatives Mohammed Karbouli, that the appointment of inspectors General with political references disparate deliberate chaos to marginalize the Sunni component, attributing this to the imposition of weak names do not have the ability to confront with the leaders of other components.
Karbouli wrote on the 'Twitter' and followed by 'orbit', that 'chaotic diwaniya orders to appoint inspectors general with different political references is an intentional act that reinforces the uniqueness of the decision and the marginalization of the Sunni component'.
He added, 'especially the imposition of weak names do not have the ability of confrontation, in exchange for the names of partisan leaders of other components to be the decision of ministries in their hands'.
Member of the House of Representatives Mohammed Karbouli, that the appointment of inspectors General with political references disparate deliberate chaos to marginalize the Sunni component, attributing this to the imposition of weak names do not have the ability to confront with the leaders of other components.
Karbouli wrote on the 'Twitter' and followed by 'orbit', that 'chaotic diwaniya orders to appoint inspectors general with different political references is an intentional act that reinforces the uniqueness of the decision and the marginalization of the Sunni component'.
He added, 'especially the imposition of weak names do not have the ability of confrontation, in exchange for the names of partisan leaders of other components to be the decision of ministries in their hands'.
British newspaper: Israel bombed Iraq twice last month
Date of edit:: 2019/9/8 9:19 • 180 times read
Israeli warplanes have bombed positions in Iraq twice over the past month, according to a British newspaper.
The Times published an article by its Middle East correspondent, Richard Spencer, entitled "Israel Attacks Shiite Militias in its Hidden War Against Iran", with another war being launched in the Middle East last month.
It is now almost certain that Israeli planes bombed Iraq twice last month, perhaps one by drone, for the first time since its forces destroyed the Iraqi nuclear reactor in 1981.
"The attacks, which targeted bases where the PMF is present, are opening a new front in a complex game of indefinite attacks and transgression, while wars are almost ending in Syria and Iraq."
The first attack, which targeted a military base used by the Badr Corps in an area near Amerli in Salahuddin province, which included Iranian Revolutionary Guards and Hezbollah battalions, was overshadowed by news of Iran's seizure of a British oil tanker and did not take enough space in the media.
Nine days later, another attack on Camp Ashraf in northeastern Baghdad, which is under the Badr Brigade led by Hadi al-Amiri, left more than 40 people dead, including members of Iran's Revolutionary Guards.According to regional newspapers, all evidence refers to Israel.
The writer explains that evidence leaked after the attacks indicated that the first site contained medium-range missiles inside refrigeration trucks and that another shipment of missiles reached the second site from the border with Iran.
The writer says that "Iraq is an important ally of the United States and at the same time has strong relations with Iran and is trying to balance in its relations with the two countries are very adversarial."
The writer quotes retired Brigadier General Assaf Orion, a former director of strategic planning in the Israeli army, who said that "one of his colleagues believes that the missiles were coming from Iran to the Shiite brigades in Iraq," the Badr Brigade and the Hezbollah Brigades "and that they have developed a line of communication with Iran allowing them To import missiles and equipment without the consent of the Iraqi government. "
Spencer pointed to Orion's statement to The Times that he had no evidence that Israel carried out the attack, but said: "If Iran tries to build military bases in Iraq, it is more likely that Israel will try to curb them."
The United States is unlikely to prevent Israel from carrying out such "attacks," US officials were aware of the attack, Israel would continue to carry out attacks on its neighbors if necessary, and it was in no one's interest to say any. Something about it.
It is now almost certain that Israeli planes bombed Iraq twice last month, perhaps one by drone, for the first time since its forces destroyed the Iraqi nuclear reactor in 1981.
"The attacks, which targeted bases where the PMF is present, are opening a new front in a complex game of indefinite attacks and transgression, while wars are almost ending in Syria and Iraq."
The first attack, which targeted a military base used by the Badr Corps in an area near Amerli in Salahuddin province, which included Iranian Revolutionary Guards and Hezbollah battalions, was overshadowed by news of Iran's seizure of a British oil tanker and did not take enough space in the media.
Nine days later, another attack on Camp Ashraf in northeastern Baghdad, which is under the Badr Brigade led by Hadi al-Amiri, left more than 40 people dead, including members of Iran's Revolutionary Guards.According to regional newspapers, all evidence refers to Israel.
The writer explains that evidence leaked after the attacks indicated that the first site contained medium-range missiles inside refrigeration trucks and that another shipment of missiles reached the second site from the border with Iran.
The writer says that "Iraq is an important ally of the United States and at the same time has strong relations with Iran and is trying to balance in its relations with the two countries are very adversarial."
The writer quotes retired Brigadier General Assaf Orion, a former director of strategic planning in the Israeli army, who said that "one of his colleagues believes that the missiles were coming from Iran to the Shiite brigades in Iraq," the Badr Brigade and the Hezbollah Brigades "and that they have developed a line of communication with Iran allowing them To import missiles and equipment without the consent of the Iraqi government. "
Spencer pointed to Orion's statement to The Times that he had no evidence that Israel carried out the attack, but said: "If Iran tries to build military bases in Iraq, it is more likely that Israel will try to curb them."
The United States is unlikely to prevent Israel from carrying out such "attacks," US officials were aware of the attack, Israel would continue to carry out attacks on its neighbors if necessary, and it was in no one's interest to say any. Something about it.
Kauaihn Iraq Articles:d
Army Chief of Staff arrives in Britain
Release date:: 2019/8/9 8:15 • 221 times read
Army Chief of Staff Lt. Gen. Osman Al-Ghanmi arrived in the United Kingdom on Friday morning to be the guest of honor at the Royal Military parade held by the British Armed Forces with the participation of several international forces in the Castle of Edinburgh / Scotland on Saturday. .
A statement by the Ministry of Defense that "the honor of the Army Chief of Staff is for the Iraqi army and for Iraq in his management of liberation battles, whose main slogan was" human first "against an enemy who used civilians as human shields.
It is worth mentioning that this annual tradition started in 1950 and attracts a huge number of audiences to watch the many live shows that are shown on international channels. The show is held annually in the presence of a global figure as a "guest of honor". Danford, chairman of the US Joint Chiefs of Staff, was the guest of honor for Edinburgh's Royal Military Parade.
The guest of honor this year will be Lt. Gen. Othman Al-Ghanmi and meet the "Edinburgh Castle Officers" and identify them before each commander and officer takes his position in the parade and then head in the majestic atmosphere accompanied by military music in a limousine to the square where the governor of the castle and present his rank and name The greeting leads the guest through traditional Scottish reception ceremonies to give the guest of honor the “upper seat” and authorizes the grand parade as the cross-country teams march in front of his podium to greet him during the show.
At the end of the review, the military commander requests permission from the guest to terminate the offer and leave the teams reviewed.
During the visit, there will be an important meeting between the chief of staff of the Iraqi army and his British counterpart at the headquarters of the British Ministry of Defense, "to seek renewed cooperation and coordination between the two sides at the military level." According to the Iraqi Ministry of Defense.
This is a major role for a new Iraq in a world that seeks peace and security
It is worth mentioning that this annual tradition started in 1950 and attracts a huge number of audiences to watch the many live shows that are shown on international channels. The show is held annually in the presence of a global figure as a "guest of honor". Danford, chairman of the US Joint Chiefs of Staff, was the guest of honor for Edinburgh's Royal Military Parade.
The guest of honor this year will be Lt. Gen. Othman Al-Ghanmi and meet the "Edinburgh Castle Officers" and identify them before each commander and officer takes his position in the parade and then head in the majestic atmosphere accompanied by military music in a limousine to the square where the governor of the castle and present his rank and name The greeting leads the guest through traditional Scottish reception ceremonies to give the guest of honor the “upper seat” and authorizes the grand parade as the cross-country teams march in front of his podium to greet him during the show.
At the end of the review, the military commander requests permission from the guest to terminate the offer and leave the teams reviewed.
During the visit, there will be an important meeting between the chief of staff of the Iraqi army and his British counterpart at the headquarters of the British Ministry of Defense, "to seek renewed cooperation and coordination between the two sides at the military level." According to the Iraqi Ministry of Defense.
This is a major role for a new Iraq in a world that seeks peace and security
Iraq Close to Replacing ExxonMobil with BP and Eni: Report
Iraq is close to replacing the US energy ExxonMobil company with oil majors BP and Eni for an export pipeline project, a report revealed on Thursday.
At least five senior Iraqi oil officials, who have been involved in direct negotiations, told Reuters on condition of anonymity that the British company BP and Italy's Eni would run the scheme to establish a couple of sea floor oil pipelines for exports from southern Iraq through the Gulf.
The officials further explained that the pipeline work was meant to be part of a larger $53 billion project with ExxonMobil, but that security concerns and other reasons caused the deal to be held back.
They pointed out that ExxonMobil had left no choice for Iraq and that this was the reason Iraq began to find alternatives.
"We can’t wait for Exxon forever. We have serious problems with our sea pipelines and urgently need to find partners to help build new ones. Further delays could harm our sea export infrastructure," said one of the officials, according to the report.
However, the three major companies are yet to make any comments on the report.
Political analyst: the current government re-approach sectarianism but more randomly
Date: 2019/9/8
The writer and political analyst Bassem al-Awadi, Thursday, that the orders of inspectors-general issued by the Office of Prime Minister Adel Abdul-Mahdi is a return to the approach of narrow quotas.
Al-Awadi said in an interview with the program "Forbidden from the show" broadcast by the channel (Euphrates Satellite), that he was "surprised by the percentage of achievement claimed by the government to achieve and was supposed to Abdul-Mahdi's government to announce the success rate of 50% as a maximum", noting that "the high proportion of government "Wisdom is a big congratulatory mistake," he said.
He added that "the government equation of the conquest of all conquests and others does not produce anything and the equation of conquest and other is to beat competitors and break up the blocks and buy their votes," pointing out that it "is based on the fall of opponents and is a failure according to the results of history and logic and based on interest and exclusivity of power."
He continued that "there is a return to sectarian rhetoric in political sessions is very dangerous as the return to the sect and devote quotas is a destructive approach," pointing out that "the current government re-curriculum sectarianism, but more random."
He pointed out that "parties away from power known balance and moderation and away from violence," warning of "return to a more hateful approach of sectarianism."
He explained that "orders to appoint inspectors general is a return to the approach of narrow quotas."
The opposition parliamentary wisdom bloc, the report on the rates of achievement in the government program in response to the report of the government, where revealed the wisdom of many inaccuracies in the ratios considered exaggerated during a conference of the bloc in the House of Representatives on Thursday.
Also issued a diwaniyy order from the office of Prime Minister Adel Abdul Mahdi, the creation of the Office of the Inspector General of 7 institutions, including the Popular Mobilization and the Central Bank of Iraq.
The Al-Diwani order, which was obtained by the agency (Euphrates News), a copy of the orders to assign inspectors to the agency and the completion of the tasks and the transfer of others in different bodies and bodies. is ove
He added that "the government equation of the conquest of all conquests and others does not produce anything and the equation of conquest and other is to beat competitors and break up the blocks and buy their votes," pointing out that it "is based on the fall of opponents and is a failure according to the results of history and logic and based on interest and exclusivity of power."
He continued that "there is a return to sectarian rhetoric in political sessions is very dangerous as the return to the sect and devote quotas is a destructive approach," pointing out that "the current government re-curriculum sectarianism, but more random."
He pointed out that "parties away from power known balance and moderation and away from violence," warning of "return to a more hateful approach of sectarianism."
He explained that "orders to appoint inspectors general is a return to the approach of narrow quotas."
The opposition parliamentary wisdom bloc, the report on the rates of achievement in the government program in response to the report of the government, where revealed the wisdom of many inaccuracies in the ratios considered exaggerated during a conference of the bloc in the House of Representatives on Thursday.
Also issued a diwaniyy order from the office of Prime Minister Adel Abdul Mahdi, the creation of the Office of the Inspector General of 7 institutions, including the Popular Mobilization and the Central Bank of Iraq.
The Al-Diwani order, which was obtained by the agency (Euphrates News), a copy of the orders to assign inspectors to the agency and the completion of the tasks and the transfer of others in different bodies and bodies. is ove
Al-Kalabi: The statement of finance is misleading the public opinion and continues to question its minister
Date of edit:: 2019/9/8 02:45 • 80 times read
[Baghdad-Where]
A member of the Integrity Committee Prosecutor Youssef al-Kalabi, on Thursday, that the statement of the Ministry of Finance is misleading public opinion, stressing that he is continuing to question its Minister Fouad Hussein.
Al-Kalabi said in a statement received by the All-Iraq News Agency [where] a copy of it, "The statement of the Ministry of Finance this day is an attempt to mislead the public opinion through the mixing of papers and coverage on theft of oil in the region."
He added: "Therefore, these open methods will not fool and God willing to question the Minister of Finance after his open exploitation of his position and the delivery of money to the region without the delivery of oil to the federal government and without the calculation of tax money, fees and revenues of border ports."
He continued: "I invite all sisters and brothers members of the House of Representatives to take the real role to address this file and not allow marketing and sale of the market political deals."
The Ministry of Finance, today, launched until the beginning of August, more than one trillion and one hundred and thirty-four billion Iraqi dinars from the dues of the province of Basra.
He added: "Therefore, these open methods will not fool and God willing to question the Minister of Finance after his open exploitation of his position and the delivery of money to the region without the delivery of oil to the federal government and without the calculation of tax money, fees and revenues of border ports."
He continued: "I invite all sisters and brothers members of the House of Representatives to take the real role to address this file and not allow marketing and sale of the market political deals."
The Ministry of Finance, today, launched until the beginning of August, more than one trillion and one hundred and thirty-four billion Iraqi dinars from the dues of the province of Basra.
Turkey announces the neutralization of two participants in the killing of a consulate employee in Erbil
09-08-2019 12:54 AM
A military and intelligence operation carried out by Turkish forces neutralized two participants in the planning of the attack on the Turkish consulate officer in the Iraqi city of Erbil, Osman Kousa.
Turkish security sources told the 'Anatolia', Thursday, that the intelligence service and the army carried out, on July 30, the delicate operation in the 'Kara' area in northern Iraq.
The sources pointed out that the operation targeted a car carrying the militants 'Haji Kurhan' listed on the 'blue list' of wanted in Turkey, and 'Metin Akgun'.
The Turkish forces managed to neutralize 'Korhan', one of the leaders of the so-called 'Hawks of Kurdistan freedom' nicknamed 'Bhutan', and his assistant 'Akgun' nicknamed 'Kendall'.
The sources revealed that 'Haji Kurhan', born in 1976, was among the most trusted elements of the leadership of the 'PKK', 'Murat Karah Yilan'.
On July 17, the Turkish Foreign Ministry, through a statement, that an armed attack targeted employees of the Turkish consulate, while they were outside the consulate building in Erbil, killing one of them.
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Here's what the rich are doing with their money
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The Case for Owning Gold Keeps Getting Stronger
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Oil Prices Plunge Further After Surprise Build in U.S. Inventories
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Oil Plunges Nearly 5% as Crude Stock Build Adds to China Woes
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The Dow Stopped Falling. But the Worst Could Still Be Coming.The Dow Jones Industrial Average stopped falling on Tuesday following Monday’s 767-point drubbing. But the worst might still be ahead.
Read in Barron's: https://apple.news/ ASOZVfGbETx6R7NUQk8hAFQ
Currencies Are a Trade Weapon Now. Here’s What It Means for Industrial Stocks.Industrial stocks—a winner in the market so far this year—could become an underperformer in coming months. A rising dollar could slow down growth in sales and cut into how much investors are willing to pay for the shares.
Read in Barron's: https://apple.news/ AMClo6mX1TOO8oQf9kq1u6Q
The global trade war has morphed into a currency war. Here's why that's a scary proposition for markets.The trade war has increasingly become focused on currencies, with the recent spat with China over the yuan in the spotlight. The Chinese currency's fluctuation spelled disaster for global equities. Then, when China fixed the yuan higher than where experts expected, markets rebounded. The volatility will likely continue if currency remains in the forefront of the global dispute, but could do long term damage on the global economy. Read more on Markets Insider. President Donald Trump's trade war
Read in Business Insider: https://apple.news/A0d_ uIzU0SIKRDN5TBKygAQ
The Dow Is Dropping Because Tumbling Treasury Yields Might Be Sending a WarningThe Dow Jones Industrial Average looks set for a lower open as U.S. Treasury yields slipped below 1.7% Wednesday morning.
Read in Barron's: https://apple.news/ AFeXoAIn9SfuMKxi1gRsKGw
Top 5 Things to Know in the Market on ThursdayEconomy Aug 08, 2019 09:31 GMT Investing.com - Here are the top five things you need to know in financial markets on Thursday, August 8: 1. China’s exports show encouraging signs Amid ongoing worries over its trade bout with the U.S., China’s exports registered a surprise return to growth in July, while imports fell less than expected. The 3.3% increase in exports was the best growth since March, although economists warned it could be short-lived if Washington follows through with additional
Read in Investing.com: https://apple.news/ AV2N3YjIFSJuIW4FM_BURaA
Bitcoin Needs Weekly Close Above Tough $12K Hurdle to Restart Price Rally
Bitcoin needs to break above stiff resistance at $12,000 to unleash the next phase of the bull market.
Read in CoinDesk: https://apple.news/ Axs0PUAK6R9KEqmErB5L7kg
Bitcoin Pump, Alt Suicide, Litecoin Halving and OKEx Token Bucking the Trend - Market Analysis
by Colin Muller | 7 Aug 2019 At the time of writing, Bitcoin (BTC) is fighting to hold its new toehold just at $12,000, after an exceptional bounce from $9,400 in early August. Time will tell if Bitcoin will break full bullish again now, but the long term uptrend is very much intact either way - and that seems unlikely to change during 2019. Altcoins, however, have been committing veritable suicide during July, with little changing as we head into August. Some cryptos, like XRP and Ether (ETH)
Read in CryptoGlobe: https://apple.news/ AvDZ65JgzTbuUE3QL2KLM5g
Judge Rules Coinbase Did Not Commit Fraud in Bitcoin Cash Lawsuit
Cryptocurrency exchange Coinbase did not act fraudulently during its botched launch of Bitcoin Cash (BCH), a United States judge has ruled. Coinbase accused of insider trading BCH listing In a court order issued on Aug. 6, U.S. District Judge Vince Chhabria of the Northern District of California (San Francisco) threw out claims by traders that Coinbase committed fraud by halting trading after two minutes. The move is the latest in a protracted lawsuit brought by trader Jeffery Berk over the
Read in Cointelegraph: https://apple.news/ AoxS3jk5qRXyE_TJHPrjAJw
Tether Behind Bitcoin's $4000 to $13,800 Bull Rally: Analyst - Bitcoinist.com
A crypto Twitter analyst believes that Tether’s USDT issuances are the real catalyst of the Bitcoin price bull move from $4,000 to $13,800. Bitcoin is not “Sound Money” Earlier this week twitter personality Andrew Rennhack suggested that Bitcoin’s explosive rally from $4,000 to $13,800 was primarily fuelled by Tether printing a vast amount of USDT. According to Rennhack, Bitcoin is not “sound money” as “the entire cryptocurrency market is backed by unaudited Tether which has the top 24-hr
Read in Bitcoinist.net: https://apple.news/A2C- HCb5CPUWnoydqyuc2BQ
Bitcoin Technical Indicator Flashes 'Buy' as Uptrend Strengthens
A key Bitcoin price technical indicator has turned green again following almost a month of declines. The rally which started a week ago has gained momentum despite a minor pullback below $12,000 yesterday. Bitcoin Trend Indicator Goes Green According to Bloomberg there has been a lot of attention turned towards bitcoin recently as a refuge in times of economic turmoil. The outlet added that a key trend indicator called the GTI VERA Convergence Divergence Indicator is now showing a buy signal.
Read in Bitcoinist.net: https://apple.news/ An3Zyfk1sNruQHEfxaphxbQ
Forex - Dollar Steady as Firmer Yuan Calms Trade Nerves
Forex Aug 08, 2019 07:51 GMT Investing.com - The dollar was holding steady against a currency basket on Thursday, as strong Chinese export figures and a move by Beijing to limit a decline in the yuan calmed investor nerves over the renewed escalation in the U.S.-China trade war. Data showed Chinese exports rose 3.3% in July from a year earlier, while analysts had looked for a fall of 2%, and policymakers fixed the daily value of the yuan at a firmer level than many had expected, even though it
Read in Investing.com: https://apple.news/ Al7Rbs4byQ1qCCAjpcrwdLw
Pound hovers at two-year lows after government attacks EU over Brexit deal
Hopes of a deal are fading fast on the markets as the government attacks the EU for not re-negotiating the deal previously agreed under Theresa May.
Read in Yahoo Finance UK: https://apple.news/ Ak3IObrscRUmWy--RCn3iug
ECB rate reprieve might save battered euro zone banks billions
By Francesco Canepa FRANKFURT (Reuters) – Battered by years of low interest rates, euro zone banks are looking at a multi-billion-euro consolation prize if the ECB grants them an expected reprieve from its penalty charge on deposits, according to Reuters calculations. But the windfall that would result if the European Central Bank introduced a tiered...
Read in CreaWorldNews: https://apple.news/ AZPyUbCvNTQqO_T9QM_Hjig
AUD/JPY: Aussie Goes From Weakest To Strongest But Renewed Selling Likely | Action Forex
Thanks to today’s recovery in the stock markets, the rebound in Chinese yuan and inaction by the Reserve Bank of Australia overnight, the Aussie dollar has gone from being the weakest yesterday to the strongest major currency on the day so far. However, if sentiment towards risky assets turn negative again or the situation between […] The post AUD/JPY: Aussie Goes From Weakest To Strongest But Renewed Selling Likely appeared first on Action Forex.
Read in Action Forex: https://apple.news/ AQhH9bShTMkazql3U8TEo3A
Markets Little Changed Post RBI's 35 Bps Rate Cut
Sensex and Nifty mostly stayed on usual course post Reserve Bank of India's (RBI) fourth consecutive rate cut on Wednesday amid a massive slowdown in the Indian economy.
Read in BTVI: https://apple.news/ Ag7A8GigwMxi0auAwC6OtiA
Listen, Here’s Why the Value of China’s Yuan Really Matters
President Trump is accusing China of currency manipulation in the ongoing trade war—a cheaper yuan could erase the impact of US tariffs.
Read in WIRED: https://apple.news/ AfqJqpkH6Rqusdbma2EHi6Q
China's yuan weakens after signs of stability calm markets
China's currency weakens again after signs of stability helped to reassure jittery financial markets
Read in ABC News: https://apple.news/ AqXvWgwLJQvG7SwKxR00T1Q
China's yuan could weaken past 7.5 per dollar if Trump hikes tariffs further
China's yuan has received greater attention in recent days after Beijing allowed the currency to weaken past 7 per dollar for the first time since the global financial crisis.
Read in CNBC: https://apple.news/ Abod7ffrCQXaXgiRwNBfPrQ
Can the US economy grow without a China trade deal?
World Bank Group President David Malpass on the U.S. trade tensions with China, the E.U. nominating Kristalina Georgieva to manage the IMF, Christine Lagarde leaving the IMF for the ECB and the priorities for the World Bank.
Read in Fox News: https://apple.news/ Aj46GzlFASmiZzMmWsvArJw
Latest US-China trade escalation is 'not new news.' strategist says
"If you hadn't noticed this in stock markets, you've been asleep for a long time," Longview Economics' Chris Watling said of the market reaction to escalating U.S.-China trade tensions.
Read in CNBC: https://apple.news/ AfB85stKlR5qAw5lTGqR2Vg
There are still 1.4 million more jobs than unemployed people
Employment vacancies fell to 7.35 million from 7.38 million in May, according to the Job Openings and Labor Turnover Survey.
Read in CNBC: https://apple.news/AY_ clupzhT7WS-an3Id9Hag
Venezuela Bitcoin Trading Hits New Highs Amid US Embargo - Bitcoinist.com
U.S. President Donald Trump has just imposed a total economic embargo against Venezuela. As a result, Bitcoin price is currently trading at almost a $1000 premium in VES on P2P trading platform, Localbitcoins, and trading volumes have skyrocketed to record-breaking highs. In Venezuela, Bitcoin Trading Activity Reaches All-Time Highs President Trump is sharply increasing economic and diplomatic pressure to bring down socialist President Nicolas Maduro. The U.S. administration recognizes the
Read in Bitcoinist.net: https://apple.news/ AfErLqFMmOduknCmhjbBmsQ
Visa denials to poor Mexicans have skyrocketed under Trump, data show
The numbers offer a window into how the Homeland Security Department's forthcoming public charge regulation could reshape the legal immigration system.
Read in POLITICO: https://apple.news/ AQI31A0KVSeiWXqcnRV3X0w
Mexican officials describe El Paso shooting as 'act of terrorism'
Mexican officials on Monday said their government considers Saturday's shooting at an El Paso, Texas department store that claimed eight of the country's citizens to be an "act of terrorism."
Read in Fox News: https://apple.news/A9WO_ OqFBTzqBHJTcFAyN3g
Thieves make off with $2.5mn in gold coins after Mexican mint leaves vault door OPEN
A pair of lucky armed robbers were able to make off with a massive $2.5 million in gold coins after a Mexico City mint left its vault door wide open, allowing the thieves to easily grab the valuables.
Read in RT News: https://apple.news/ AQC1AOFagQ6KouEx9EyvFCQ
A former coal lobbyist is Puerto Rico's new governor ... for now
Who is Pedro Pierluisi, and why is Puerto Rico's Senate already suing to stop him?
Read in Grist: https://apple.news/ AgiN02RdlRcuKKqhc-JgMEw
Anxious wait for Puerto Rico as court mulls governorship
SAN JUAN, Puerto Rico (AP) — Attorneys submitted arguments by a Tuesday noondeadline in what many consider the biggest decision in the 119-year history of Puerto Rico's Supreme Court: who will be the governor of the U.S. territory mired in political and economic turmoil.
Read in My San Antonio: https://apple.news/ AK5mYQEiMSOiXD5gMbDjGjA
Online lenders under investigation by regulators in 11 states, Puerto Rico
The New York Department of Financial Services is leading an investigation into a new breed of online lender that claim to provide advance payments on workers’ paychecks — but are possibly violating usury and other payday lending laws, The Post has learned. The investigation, which includes a coalition of 10 other state banking regulators and Puerto Rico, is centered on companies like Earnin and others that charge “tips” or monthly memberships that can add up to annual percentage rates of over
Read in New York Post: https://apple.news/ AizQLPeKcQpCT2T8Tb0aF6g
Iran wants more Chinese tourists - a whole lot more
Tehran, Iran - Fancy a stroll through the ruins of Persepolis, from which the ancient Persian kings Darius and Xerxes once ruled their empires? Or a shopping trip under the vaulted ceilings of the Tabriz souks? Or if action is more your style, how about scuba diving off Kish Island? Or snowboarding in the Alborz Mountains? With United States economic sanctions placed on almost all of Iran's productive sectors, the Iranian government is hoping the country's World Heritage sites and other
Read in Aljazeera: https://apple.news/ AkzQphxcRNqq5_Y9_1SLkYA
Iran Names U.S. As 'First and Only' to Use Nuclear Weapons on Anniversary
August 06, 2019 Rare Footage Shows Hiroshima 10 Years Before it Was Obliterated by Nuclear Bomb Iran has called out the United States as the only nation to ever use nuclear weapons in combat nearly three-quarters of a century after the landmark atomic bombing of the Japanese city of Hiroshima during World War II. Iranian Foreign Minister Mohammad Javad Zarif, who was recently sanctioned by the State Department for speaking on behalf of his government, tweeted Tuesday that "74 yrs after US became
Read in Newsweek: https://apple.news/ AysQrGsXYRJq8erkmwq5R_A
Egypt president urges nation to back push against militants
After deadly Cairo blast, Egypt's president urges nation to back government efforts to defeat Islamic militants
Read in ABC News: https://apple.news/ AWNIztp2KQPGbz34l_8m2uA
West Bank activists urge cutting economic ties with Israel
Palestinian businesses in the occupied West Bank are being urged to stop selling Israeli products. Activists have staged a protest in Ramallah near an Israeli military checkpoint. Protesters said it is time to stop buying Israeli goods and to think about the Palestinian economy. Al Jazeera's Nida Ibrahim reports from Ramallah.
Read in Aljazeera: https://apple.news/ AtQuXh5V4PfGn8uCSyLd-ew
Judge orders federal agencies to urgently release records on Jamal Khashoggi
A judge in New York ordered federal agencies Tuesday to urgently release thousands of pages of documents related to the 2018 killing of Washington Post journalist Jamal Khashoggi in the Saudi consulate in Turkey, AP reports.
Read in Axios: https://apple.news/ Auws0infdRayt15zvBKBEDw
Second Turkish ship begins gas drilling off Cyprus
Turkey's state-run news agency says a second Turkish drillship has started drilling for gas off ethnically divided Cyprus, in an area where the Cypriot government says it has exclusive economic rights
Read in ABC News: https://apple.news/ AnH7FfJowSOKKLFRgbD6TOA
The Latest: Turkey: Talks with US on Syria zone 'positive'
The Latest: Turkey's defense minister says talks with US on safe zone in northeast Syria progressing in 'positive' way
Read in ABC News: https://apple.news/ ANfK5N1pcS3-7DhoE1qYxWg
Zimbabwean opposition plans demonstrations over economy next week
HARARE (Reuters) - Zimbabwe's main opposition party is planning street demonstrations next week to protest against the government's handling of the economy, which is mired in its worst crisis in a decade and has plunged most citizens into poverty. The southern African nation is enduring shortages of foreign currency, fuel and bread as well as 18-hour power cuts. The power outages threaten mining and industrial output and have upended lives. The opposition Movement for Democratic Change (MDC)
Read in Business Insider: https://apple.news/ AWxIVs2R5Qv--b3IhH6bWOw
U.N. raises aid appeal for Zimbabwe to $331.5 million, many face starvation
HARARE (Reuters) - The United Nations on Tuesday increased its aid appeal for Zimbabwe to $331.5 million to help it recover from drought that has driven millions to the brink of starvation as well as a cyclone that hit eastern regions earlier this year. The El Nino-induced drought cut the maize harvest by half and is responsible for low water levels at the biggest hydro plant Kariba that has reduced power generation and triggered rolling power cuts. The drought comes with Zimbabweans enduring
Read in Business Insider: https://apple.news/ AzlhLX1LxRUiJCsQpEVM5yQ
Zimbabwe: A third of population faces food crisis, says UN
Almost a third of the population needs food aid, with many in danger of starvation, the UN says.
Read in BBC News: https://apple.news/ A1UdmL532QFmmFyBf8bEt5Q
Zimbabwe to legalize growing of industrial hemp
HARARE (Reuters) – Zimbabwe will change its laws to allow farmers to grow industrial hemp for export, cabinet ministers said on Tuesday, adding that the government saw the plant as a future substitute for tobacco, the country’s biggest export earning crop. Industrial hemp is a strain of a cannabis species that is grown specifically for...
Read in CreaWorldNews: https://apple.news/A0OeBqrQZQ- -9vYYmMtsC2w
Powerless: Rolling blackouts in Zimbabwe hit businesses and jobs
Harare, Zimbabwe - It's 10pm in Harare's Graniteside industrial neighbourhood, and the machines at TNT Plastics, a Chinese-owned plastics factory, are warming up after sitting idle for the past 16 hours. When running at full capacity, TNT Plastics converts a tonne of plastic raw materials into chairs, buckets, cups, dishes and utensils over the course of three shifts a day. But for the past month, the company has only been operating an overnight shift, thanks to rolling blackouts that have
Read in Aljazeera: https://apple.news/Ax2- W3uVXMGqQNkcH-pJ6pA
China looking to Africa for autonomous vehicle battery elements, analyst says
Paul Renken, senior geologist and mining analyst at VSA Capital, discusses the commodities market and Glencore halting its operations at the Matunda mine in the Democratic Republic of the Congo.
Read in CNBC: https://apple.news/ AZzgTBmyNRrawydFkLMsfzA
China's July forex reserves fall to $3.104 trillion
China's foreign exchange reservesfell $15.54 billion in July to $3.104 trillion, central bankdata showed on Wednesday.
Read in Reuters: https://apple.news/A_ LTl6LjtT8Cz-MacUf1H4Q
Is China a currency manipulator or not?
How to understand their recent actions — and Trump's response
Read in The Week: https://apple.news/A223x8F- UQvir79yVWNid0w
Hong Kong’s finance chief says record currency reserves give it enough fire power to ward off any attack on currency, recession possible
Hong Kong’s Financial Secretary Paul Chan Mo-po on Wednesday noted that any attack on its currency could be dealt with adequately given its strong banking system and record currency reserves and at the same time warned that there was a real possibility…
Read in South China Morning Post: https://apple.news/AOvg_ cVCBQC-cKVA9G1Oyyw
China's Economic Growth: How Is China's Economy Doing?
China has been a major contributor to global growth, and its economic activity tends to have significant repercussions for the global economy.Purchasing managers' indices are a better indicator of the health of the Chinese economy than the gross domestic product number, which is politicized and is a composite in any case.As with any economy, central bank policy is very important in China.
Read in Seeking Alpha: https://apple.news/ AdrLHU4wIT9Gt6AVbtHjH8w
China rare earths group supports counter-measures against U.S. 'bullying'
China's rare earths association said it would support Chinese counter-measures in the escalating trade row with the United States, which it accused on Wednesday of "bullying".
Read in Reuters: https://apple.news/ ALMEDe9cdSFOsUCEDgr9uLQ
China digs in to outlast U.S. in trade dispute
The volley-for-volley trade war between China and the U.S. is accelerating at a time when Chinese President Xi Jinping can ill afford to make concessions, raising the likelihood of a protracted struggle between the world’s two biggest economies.
Read in The Wall Street Journal: https://apple.news/ A38wI3O8mTcmV_S1BvAee3w
Asian markets calmer as the yuan steadies, central banks cut rates
Asian markets were calmer Wednesday as central banks across the region moved aggressively to shore up slowing economic growth.
Read in CNN Business: https://apple.news/ A97SWxkeQQ9mKLwHwKC8ChA
China lowers yuan's trading range but currency stabilizes
China lowers currency's trading range, showing its potential for use as a trade weapon against Washington, but exchange rate steadies following declines
Read in ABC News: https://apple.news/ AEROvqJi1S3O3kNWzWz5GuQ
UK and EU Continue to Trade Blame over Failure to Negotiate New Exit Deal
Michael Gove, the minister in charge of planning for a no-deal Brexit, blamed the European Union for failing to engage on a new agreement, deepening the diplomatic standoff between the two sides less than three months before the U.K. is due to leave the bloc. “We will put all our energy into making sure that we can secure that good deal, but at the moment it is the EU that seems to be saying they are not interested,” Gove told the BBC on Tuesday. “They are simply saying ‘No, we don’t want to
Read in Insurance Journal: https://apple.news/ AJ8KVQtPYOami5vPy_w9DuA
Boris Johnson has Britain barreling toward a disastrous no-deal Brexit
This can only end badly
Read in The Week: https://apple.news/ Aq0HddZgCQtmWDMtfeoiSxw
Euro bonds may be best bet during US-China currency war
The growing threat of a global currency war is spurring the unprecedented European bond rally in more ways than one. While trade tensions are already sparking a flight of capital into of the region's safest assets, an escalation of the situation could see a rival emerge for the European Central Bank as a major buyer of euro-area debt - the Swiss National Bank. While the U.S.-China trade spat has fueled worldwide market turmoil, it has had the opposite effect on the Swiss franc, an investor haven
Read in Aljazeera: https://apple.news/ AVOyiEbSqO6qYmW3WiEeylw
Irish minister predicts Britain will crash out of EU in October
Britain will leave the European Union in October without a divorce deal, an Irish government minister predicted, causing a severe economic shock that could require pan-EU financial support for countries including Ireland.
Read in Reuters: https://apple.news/A_ ZbgTvQLTJyxdVJZ2MGLPw
Hard Brexit would push pressure back on German economy, strategist says
Christopher Peel, CIO of Tavistock Investments, discusses the European banking index.
Read in CNBC: https://apple.news/ AWvukmtvsScuChPYXaxCtsg
GLOBAL/NEWS/INFO
Today in History for August 8th | Newsday
Highlights of this day in history: President Richard Nixon says he'll resign;
https://www.newsday.com/news/ today-in-history-for-august- 8th-1.34769964
https://www.newsday.com/news/
Consider this if you're worried about losing all your money
While the rate of return generally isn't anything to write home about, you get inflation protection and the guarantee that you won't lose your principal.
Read in CNBC: https://apple.news/
Here's what the rich are doing with their money
If you pulled some chips off the table this summer, you're in good company. Members of TIGER 21, an investment group of high-net-worth individuals, cut their exposure to equities during the second quarter.
Read in CNBC: https://apple.news/
5 things to know for August 8: Puerto Rico, stabbing rampage, Hong Kong, State Dept
Here's what else you need to know to Get Up to Speed and Out the Door.
Read in CNN: https://apple.news/
10 Things to Know for Today
Among 10 Things to Know: Protesters greet Trump as he visits sites of mass shootings; Mayors push Senate to return to D.C. for gun bill vote; four killed in California stabbing rampage; Lindsey Vonn still going at top speed in retirement.
Read in ABC News: https://apple.news/
OIL/COMMODITIES/ENERGY
The Case for Owning Gold Keeps Getting Stronger
Gold crashed in the 2008 financial crisis along with everything else. And it lost about three-quarters of its purchasing value during the 1980s and 1990s. But it’s acting like a safe haven now.
Read in Barron's: https://apple.news/
Gold Prices Jump to New 6-Year Highs on Latest Wave of Central Bank Easing
Commodities Aug 07, 2019 12:35 GMT Investing.com - Gold prices jumped more than 1% to fresh six-year highs on Wednesday as three central banks undertook more policy easing in the face of weakening global growth. Spot gold gained $17.71, or 1.2%, to $1,492.26 by 8:29 AM ET(12:29 GMT), its highest level since April 2013. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange, rose $20.25, or 1.4%, to $1,504.45 a troy ounce. That was the first time the front-
Read in Investing.com: https://apple.news/
Oil Prices Plunge Further After Surprise Build in U.S. Inventories
Commodities Aug 07, 2019 14:31 GMT Investing.com - Oil prices extended a sharp decline on Wednesday after an unexpected build in U.S. stockpiles, its first in eight weeks, added selling pressure to concerns over a global slowdown. The Energy Information Administration said in its regular weekly report that crude oil inventories increased by 2.39 million barrels in the week to August 2. That was compared to forecasts for a stockpile draw of 2.85 million barrels, after a decline of 8.5 million
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Oil Plunges Nearly 5% as Crude Stock Build Adds to China Woes
Commodities Aug 07, 2019 17:34 GMT By Barani Krishnan Investing.com - The bad news has gotten badder for oil with the first stockpile build for U.S. crude in eight weeks, while global benchmark Brent slipped deeper into bear-market territory. New York-traded West Texas Intermediate crude was down $2.48, or 4.6%, at $51.15 per barrel by 1:18 PM ET (17:18 GMT). WTI has slid for a third day in a row and is down about 8% on the week and 13% on the month. London-traded Brent crude, the benchmark for
Read in Investing.com: https://apple.news/A-
METALS-Copper edges off two-year low as Washington soothes trade fears
* GRAPHIC-2019 asset returns: (Adds official prices, adds Julius Baer comment) By Zandi Shabalala LONDON, Aug 7 (Reuters) - Copper inched higher on Wednesdayafter U.S. President Donald Trump dismissed fears of aprotracted trade war with China, though a lack of progress onresolving the conflict kept prices near their lowest since 2017. Benchmark copper on the London Metal Exchange (LME)was bid up 0.4% at $5,704.50 per tonne, after failing to tradein official rings. The metal used in power and
Read in Reuters: https://apple.news/
BANKS/BANKING/CREDIT
5 Simple Ways to Get Out of Credit Card Debt Faster
Almost half of Americans who have credit cards (47%) don’t pay off their balance in full each month, according to a new NerdWallet survey. And over the past five years, carrying a balance has gotten significantly more expensive, with the average credit card interest rate rising 35% since 2014, from 12.74% to 17.14%. Even with the recent rate cut by the Federal Reserve, credit card interest rates remain near post-recession highs. Paying your balance in full avoids interest entirely, but not
Read in NerdWallet: https://apple.news/
3 Asian Central Banks Surprise Investors
While investors keep a watchful eye on the dollar fix in China (a little firmer than projected) and tensions with the US, two other developments compete for attention.The Reserve Bank of New Zealand and the central banks of India and Thailand surprised the market with lower rates.The other development was another horrific German industrial production report.
Read in Seeking Alpha: https://apple.news/
Central banks are surprising markets with aggressive rate cuts: Here's why
Central banks in New Zealand, India and Thailand all announced larger-than-expected cuts to interest rates on Wednesday, furthering a global trend of monetary policy easing.
Read in CNBC: https://apple.news/Act-
Millennial Money: Credit unions add flex to your finances
An underused money tool that could help a new generation of adults on their path to prosperity isn't a smartphone app, a virtual currency or a digital payment system. It's an old-timey credit union. , if you're unfamiliar, are like nonprofit banks. They may not satisfy all your money-management needs, but you're missing out if you're ignoring credit unions, which have great interest rates on auto loans, consumer-friendly checking and savings accounts, and low ongoing credit card rates. One
Read in Business Insider: https://apple.news/
Don't Get Screwed Over by the New Changes to Your Overdraft
Banks in the UK are doing a total rehaul of how they manage overdrafts. Here's what you need to know.
Read in VICE UK: https://apple.news/
UPDATE 2-China state banks seen supporting yuan to steady declines - sources
* State banks seen active in onshore and offshore forwardsmarkets
Read in Reuters: https://apple.news/
The Fed is going to revamp how Americans pay for things. Big banks aren’t happy.
America’s central bank plans to build its own real-time payment system, much to the chagrin of big commercial banks. The news: The Federal Reserve has announced that it will create “FedNow,” a system that will allow real-time bank-to-bank payments, all day every day. The system the central bank runs now closes on the weekends and can take several days to settle payments. The conflict: The Fed took years to decide whether it wanted to create its own payments system or leave it up to commercial
Read in MIT Technology Review: https://apple.news/
Watch Apple's new credit card get activated instantly with an iPhone
Apple's new credit card, the Apple Card, is almost here. A select group of people got early access to the card, and videos are popping up online of how it works. One particularly illustrative video from The Points Guy's Zach Honig demonstrates just how quick the card is to activate with your iPhone. Visit Business Insider's homepage for more stories.
Read in Business Insider: https://apple.news/AQnD_
TREASURIES/BONDS/STOCKS
The Dow Stopped Falling. But the Worst Could Still Be Coming.The Dow Jones Industrial Average stopped falling on Tuesday following Monday’s 767-point drubbing. But the worst might still be ahead.
Read in Barron's: https://apple.news/
Currencies Are a Trade Weapon Now. Here’s What It Means for Industrial Stocks.Industrial stocks—a winner in the market so far this year—could become an underperformer in coming months. A rising dollar could slow down growth in sales and cut into how much investors are willing to pay for the shares.
Read in Barron's: https://apple.news/
The global trade war has morphed into a currency war. Here's why that's a scary proposition for markets.The trade war has increasingly become focused on currencies, with the recent spat with China over the yuan in the spotlight. The Chinese currency's fluctuation spelled disaster for global equities. Then, when China fixed the yuan higher than where experts expected, markets rebounded. The volatility will likely continue if currency remains in the forefront of the global dispute, but could do long term damage on the global economy. Read more on Markets Insider. President Donald Trump's trade war
Read in Business Insider: https://apple.news/A0d_
The Dow Is Dropping Because Tumbling Treasury Yields Might Be Sending a WarningThe Dow Jones Industrial Average looks set for a lower open as U.S. Treasury yields slipped below 1.7% Wednesday morning.
Read in Barron's: https://apple.news/
Top 5 Things to Know in the Market on ThursdayEconomy Aug 08, 2019 09:31 GMT Investing.com - Here are the top five things you need to know in financial markets on Thursday, August 8: 1. China’s exports show encouraging signs Amid ongoing worries over its trade bout with the U.S., China’s exports registered a surprise return to growth in July, while imports fell less than expected. The 3.3% increase in exports was the best growth since March, although economists warned it could be short-lived if Washington follows through with additional
Read in Investing.com: https://apple.news/
Day Ahead: Top 3 Things to WatchStock Markets Aug 07, 2019 19:40 GMT Investing.com - Here are the top 3 things that could rock markets tomorrow. 1. Kraft Heinz (NASDAQ:KHC), Activision Blizzard (NASDAQ:ATVI) Earnings on Tap Kraft Heinz (NASDAQ:KHC) reports quarterly results before the opening bell Thursday. With shares of Kraft Heinz (NASDAQ:KHC) down by more than a quarter for the year, well below the S&P 500's 15% gain, traders are keen to get a sense of how the new CEO Miguel Patricio plans to stem losses in market share
Read in Investing.com: https://apple.news/ AhU1PNUy3Tgm0vgh1lfqQMw
Read in Investing.com: https://apple.news/
CRYPTO'S / DIGITAL CURRENCY
Bitcoin Needs Weekly Close Above Tough $12K Hurdle to Restart Price Rally
Bitcoin needs to break above stiff resistance at $12,000 to unleash the next phase of the bull market.
Read in CoinDesk: https://apple.news/
Bitcoin Pump, Alt Suicide, Litecoin Halving and OKEx Token Bucking the Trend - Market Analysis
by Colin Muller | 7 Aug 2019 At the time of writing, Bitcoin (BTC) is fighting to hold its new toehold just at $12,000, after an exceptional bounce from $9,400 in early August. Time will tell if Bitcoin will break full bullish again now, but the long term uptrend is very much intact either way - and that seems unlikely to change during 2019. Altcoins, however, have been committing veritable suicide during July, with little changing as we head into August. Some cryptos, like XRP and Ether (ETH)
Read in CryptoGlobe: https://apple.news/
Judge Rules Coinbase Did Not Commit Fraud in Bitcoin Cash Lawsuit
Cryptocurrency exchange Coinbase did not act fraudulently during its botched launch of Bitcoin Cash (BCH), a United States judge has ruled. Coinbase accused of insider trading BCH listing In a court order issued on Aug. 6, U.S. District Judge Vince Chhabria of the Northern District of California (San Francisco) threw out claims by traders that Coinbase committed fraud by halting trading after two minutes. The move is the latest in a protracted lawsuit brought by trader Jeffery Berk over the
Read in Cointelegraph: https://apple.news/
Tether Behind Bitcoin's $4000 to $13,800 Bull Rally: Analyst - Bitcoinist.com
A crypto Twitter analyst believes that Tether’s USDT issuances are the real catalyst of the Bitcoin price bull move from $4,000 to $13,800. Bitcoin is not “Sound Money” Earlier this week twitter personality Andrew Rennhack suggested that Bitcoin’s explosive rally from $4,000 to $13,800 was primarily fuelled by Tether printing a vast amount of USDT. According to Rennhack, Bitcoin is not “sound money” as “the entire cryptocurrency market is backed by unaudited Tether which has the top 24-hr
Read in Bitcoinist.net: https://apple.news/A2C-
Bitcoin Technical Indicator Flashes 'Buy' as Uptrend Strengthens
A key Bitcoin price technical indicator has turned green again following almost a month of declines. The rally which started a week ago has gained momentum despite a minor pullback below $12,000 yesterday. Bitcoin Trend Indicator Goes Green According to Bloomberg there has been a lot of attention turned towards bitcoin recently as a refuge in times of economic turmoil. The outlet added that a key trend indicator called the GTI VERA Convergence Divergence Indicator is now showing a buy signal.
Read in Bitcoinist.net: https://apple.news/
CURRENCY
Forex - Dollar Steady as Firmer Yuan Calms Trade Nerves
Forex Aug 08, 2019 07:51 GMT Investing.com - The dollar was holding steady against a currency basket on Thursday, as strong Chinese export figures and a move by Beijing to limit a decline in the yuan calmed investor nerves over the renewed escalation in the U.S.-China trade war. Data showed Chinese exports rose 3.3% in July from a year earlier, while analysts had looked for a fall of 2%, and policymakers fixed the daily value of the yuan at a firmer level than many had expected, even though it
Read in Investing.com: https://apple.news/
Pound hovers at two-year lows after government attacks EU over Brexit deal
Hopes of a deal are fading fast on the markets as the government attacks the EU for not re-negotiating the deal previously agreed under Theresa May.
Read in Yahoo Finance UK: https://apple.news/
ECB rate reprieve might save battered euro zone banks billions
By Francesco Canepa FRANKFURT (Reuters) – Battered by years of low interest rates, euro zone banks are looking at a multi-billion-euro consolation prize if the ECB grants them an expected reprieve from its penalty charge on deposits, according to Reuters calculations. But the windfall that would result if the European Central Bank introduced a tiered...
Read in CreaWorldNews: https://apple.news/
AUD/JPY: Aussie Goes From Weakest To Strongest But Renewed Selling Likely | Action Forex
Thanks to today’s recovery in the stock markets, the rebound in Chinese yuan and inaction by the Reserve Bank of Australia overnight, the Aussie dollar has gone from being the weakest yesterday to the strongest major currency on the day so far. However, if sentiment towards risky assets turn negative again or the situation between […] The post AUD/JPY: Aussie Goes From Weakest To Strongest But Renewed Selling Likely appeared first on Action Forex.
Read in Action Forex: https://apple.news/
Markets Little Changed Post RBI's 35 Bps Rate Cut
Sensex and Nifty mostly stayed on usual course post Reserve Bank of India's (RBI) fourth consecutive rate cut on Wednesday amid a massive slowdown in the Indian economy.
Read in BTVI: https://apple.news/
Listen, Here’s Why the Value of China’s Yuan Really Matters
President Trump is accusing China of currency manipulation in the ongoing trade war—a cheaper yuan could erase the impact of US tariffs.
Read in WIRED: https://apple.news/
China's yuan weakens after signs of stability calm markets
China's currency weakens again after signs of stability helped to reassure jittery financial markets
Read in ABC News: https://apple.news/
China's yuan could weaken past 7.5 per dollar if Trump hikes tariffs further
China's yuan has received greater attention in recent days after Beijing allowed the currency to weaken past 7 per dollar for the first time since the global financial crisis.
Read in CNBC: https://apple.news/
HEALTH / SCIENCE
New Case of Measles Traveled Through Union Station
A new confirmed case of measles in Los Angeles County was reported in a non-resident that traveled through Union Station, public health officials said Tuesday.
Read in NBC LA: https://apple.news/ ACdTWVPYuSzujdLivkOAkSQ
The One Antiperspirant No One Should Be Buying Anymore Because It’s SO Bad For Your Skin
Antiperspirants are wellness products that we use every day, but are often overlooked when it comes to their ingredients. Experts say that there are several harmful ingredients looming in your go-to deodorant and antiperspirant, warning consumers to be wary of the formulas that contain fragrance for their irritating effect on the skin. “When you eat something, it’s broken down by your liver and digestive system,” says Heather Patisaul, Ph.D., an associate professor of biology at North Carolina
Read in SHEfinds: https://apple.news/ AHpsNofeXR36rgkiH6FlNmA
What your breakouts say about your health
'Face mapping' looks at the cause behind the spot, rather than treating the blemish itself, using its location to determine what your body could be trying to tell you about your health.
Read in Daily Mail: https://apple.news/AT- 21WZ4fQ0CwTxdZYxmZPQ
If we don't act fast, Hepatitis A will become a national epidemic
Unfortunately, it is difficult to achieve compliance in the homeless and drug-using populations.
Read in The Hill: https://apple.news/ AnCbY9dxAT0qdnWV1zYCmQg
Potentially fatal mosquito-borne EEE virus detected in Delaware: state officials
A potentially fatal mosquito-borne virus has been detected in Delaware, state officials said late last week.
Read in Fox News: https://apple.news/AHBz6X_- nRWmUuPmvknU1EQ
New Case of Measles Traveled Through Union Station
A new confirmed case of measles in Los Angeles County was reported in a non-resident that traveled through Union Station, public health officials said Tuesday.
Read in NBC LA: https://apple.news/
The One Antiperspirant No One Should Be Buying Anymore Because It’s SO Bad For Your Skin
Antiperspirants are wellness products that we use every day, but are often overlooked when it comes to their ingredients. Experts say that there are several harmful ingredients looming in your go-to deodorant and antiperspirant, warning consumers to be wary of the formulas that contain fragrance for their irritating effect on the skin. “When you eat something, it’s broken down by your liver and digestive system,” says Heather Patisaul, Ph.D., an associate professor of biology at North Carolina
Read in SHEfinds: https://apple.news/
What your breakouts say about your health
'Face mapping' looks at the cause behind the spot, rather than treating the blemish itself, using its location to determine what your body could be trying to tell you about your health.
Read in Daily Mail: https://apple.news/AT-
If we don't act fast, Hepatitis A will become a national epidemic
Unfortunately, it is difficult to achieve compliance in the homeless and drug-using populations.
Read in The Hill: https://apple.news/
Potentially fatal mosquito-borne EEE virus detected in Delaware: state officials
A potentially fatal mosquito-borne virus has been detected in Delaware, state officials said late last week.
Read in Fox News: https://apple.news/AHBz6X_-
USA / CANADA
Can the US economy grow without a China trade deal?
World Bank Group President David Malpass on the U.S. trade tensions with China, the E.U. nominating Kristalina Georgieva to manage the IMF, Christine Lagarde leaving the IMF for the ECB and the priorities for the World Bank.
Read in Fox News: https://apple.news/
Latest US-China trade escalation is 'not new news.' strategist says
"If you hadn't noticed this in stock markets, you've been asleep for a long time," Longview Economics' Chris Watling said of the market reaction to escalating U.S.-China trade tensions.
Read in CNBC: https://apple.news/
There are still 1.4 million more jobs than unemployed people
Employment vacancies fell to 7.35 million from 7.38 million in May, according to the Job Openings and Labor Turnover Survey.
Read in CNBC: https://apple.news/AY_
EMERGING MARKETS
Venezuela Bitcoin Trading Hits New Highs Amid US Embargo - Bitcoinist.com
U.S. President Donald Trump has just imposed a total economic embargo against Venezuela. As a result, Bitcoin price is currently trading at almost a $1000 premium in VES on P2P trading platform, Localbitcoins, and trading volumes have skyrocketed to record-breaking highs. In Venezuela, Bitcoin Trading Activity Reaches All-Time Highs President Trump is sharply increasing economic and diplomatic pressure to bring down socialist President Nicolas Maduro. The U.S. administration recognizes the
Read in Bitcoinist.net: https://apple.news/
Visa denials to poor Mexicans have skyrocketed under Trump, data show
The numbers offer a window into how the Homeland Security Department's forthcoming public charge regulation could reshape the legal immigration system.
Read in POLITICO: https://apple.news/
Mexican officials describe El Paso shooting as 'act of terrorism'
Mexican officials on Monday said their government considers Saturday's shooting at an El Paso, Texas department store that claimed eight of the country's citizens to be an "act of terrorism."
Read in Fox News: https://apple.news/A9WO_
Thieves make off with $2.5mn in gold coins after Mexican mint leaves vault door OPEN
A pair of lucky armed robbers were able to make off with a massive $2.5 million in gold coins after a Mexico City mint left its vault door wide open, allowing the thieves to easily grab the valuables.
Read in RT News: https://apple.news/
A former coal lobbyist is Puerto Rico's new governor ... for now
Who is Pedro Pierluisi, and why is Puerto Rico's Senate already suing to stop him?
Read in Grist: https://apple.news/
Anxious wait for Puerto Rico as court mulls governorship
SAN JUAN, Puerto Rico (AP) — Attorneys submitted arguments by a Tuesday noondeadline in what many consider the biggest decision in the 119-year history of Puerto Rico's Supreme Court: who will be the governor of the U.S. territory mired in political and economic turmoil.
Read in My San Antonio: https://apple.news/
Online lenders under investigation by regulators in 11 states, Puerto Rico
The New York Department of Financial Services is leading an investigation into a new breed of online lender that claim to provide advance payments on workers’ paychecks — but are possibly violating usury and other payday lending laws, The Post has learned. The investigation, which includes a coalition of 10 other state banking regulators and Puerto Rico, is centered on companies like Earnin and others that charge “tips” or monthly memberships that can add up to annual percentage rates of over
Read in New York Post: https://apple.news/
MIDDLE EAST
Iran wants more Chinese tourists - a whole lot more
Tehran, Iran - Fancy a stroll through the ruins of Persepolis, from which the ancient Persian kings Darius and Xerxes once ruled their empires? Or a shopping trip under the vaulted ceilings of the Tabriz souks? Or if action is more your style, how about scuba diving off Kish Island? Or snowboarding in the Alborz Mountains? With United States economic sanctions placed on almost all of Iran's productive sectors, the Iranian government is hoping the country's World Heritage sites and other
Read in Aljazeera: https://apple.news/
Iran Names U.S. As 'First and Only' to Use Nuclear Weapons on Anniversary
August 06, 2019 Rare Footage Shows Hiroshima 10 Years Before it Was Obliterated by Nuclear Bomb Iran has called out the United States as the only nation to ever use nuclear weapons in combat nearly three-quarters of a century after the landmark atomic bombing of the Japanese city of Hiroshima during World War II. Iranian Foreign Minister Mohammad Javad Zarif, who was recently sanctioned by the State Department for speaking on behalf of his government, tweeted Tuesday that "74 yrs after US became
Read in Newsweek: https://apple.news/
GitHub and Slack Bans Are Hurting Iranian Bitcoin Businesses
Iranian bitcoiners are showing the world what censorship resistance really looks like.
Read in CoinDesk: https://apple.news/A8Ed_ wG2cR3mgNcHdTzu5HA
Iranian bitcoiners are showing the world what censorship resistance really looks like.
Read in CoinDesk: https://apple.news/A8Ed_
Egypt president urges nation to back push against militants
After deadly Cairo blast, Egypt's president urges nation to back government efforts to defeat Islamic militants
Read in ABC News: https://apple.news/
West Bank activists urge cutting economic ties with Israel
Palestinian businesses in the occupied West Bank are being urged to stop selling Israeli products. Activists have staged a protest in Ramallah near an Israeli military checkpoint. Protesters said it is time to stop buying Israeli goods and to think about the Palestinian economy. Al Jazeera's Nida Ibrahim reports from Ramallah.
Read in Aljazeera: https://apple.news/
Judge orders federal agencies to urgently release records on Jamal Khashoggi
A judge in New York ordered federal agencies Tuesday to urgently release thousands of pages of documents related to the 2018 killing of Washington Post journalist Jamal Khashoggi in the Saudi consulate in Turkey, AP reports.
Read in Axios: https://apple.news/
Second Turkish ship begins gas drilling off Cyprus
Turkey's state-run news agency says a second Turkish drillship has started drilling for gas off ethnically divided Cyprus, in an area where the Cypriot government says it has exclusive economic rights
Read in ABC News: https://apple.news/
The Latest: Turkey: Talks with US on Syria zone 'positive'
The Latest: Turkey's defense minister says talks with US on safe zone in northeast Syria progressing in 'positive' way
Read in ABC News: https://apple.news/
AFRICA
Zimbabwean opposition plans demonstrations over economy next week
HARARE (Reuters) - Zimbabwe's main opposition party is planning street demonstrations next week to protest against the government's handling of the economy, which is mired in its worst crisis in a decade and has plunged most citizens into poverty. The southern African nation is enduring shortages of foreign currency, fuel and bread as well as 18-hour power cuts. The power outages threaten mining and industrial output and have upended lives. The opposition Movement for Democratic Change (MDC)
Read in Business Insider: https://apple.news/
U.N. raises aid appeal for Zimbabwe to $331.5 million, many face starvation
HARARE (Reuters) - The United Nations on Tuesday increased its aid appeal for Zimbabwe to $331.5 million to help it recover from drought that has driven millions to the brink of starvation as well as a cyclone that hit eastern regions earlier this year. The El Nino-induced drought cut the maize harvest by half and is responsible for low water levels at the biggest hydro plant Kariba that has reduced power generation and triggered rolling power cuts. The drought comes with Zimbabweans enduring
Read in Business Insider: https://apple.news/
Zimbabwe: A third of population faces food crisis, says UN
Almost a third of the population needs food aid, with many in danger of starvation, the UN says.
Read in BBC News: https://apple.news/
Zimbabwe to legalize growing of industrial hemp
HARARE (Reuters) – Zimbabwe will change its laws to allow farmers to grow industrial hemp for export, cabinet ministers said on Tuesday, adding that the government saw the plant as a future substitute for tobacco, the country’s biggest export earning crop. Industrial hemp is a strain of a cannabis species that is grown specifically for...
Read in CreaWorldNews: https://apple.news/A0OeBqrQZQ-
Powerless: Rolling blackouts in Zimbabwe hit businesses and jobs
Harare, Zimbabwe - It's 10pm in Harare's Graniteside industrial neighbourhood, and the machines at TNT Plastics, a Chinese-owned plastics factory, are warming up after sitting idle for the past 16 hours. When running at full capacity, TNT Plastics converts a tonne of plastic raw materials into chairs, buckets, cups, dishes and utensils over the course of three shifts a day. But for the past month, the company has only been operating an overnight shift, thanks to rolling blackouts that have
Read in Aljazeera: https://apple.news/Ax2-
China looking to Africa for autonomous vehicle battery elements, analyst says
Paul Renken, senior geologist and mining analyst at VSA Capital, discusses the commodities market and Glencore halting its operations at the Matunda mine in the Democratic Republic of the Congo.
Read in CNBC: https://apple.news/
ASIA
China's July forex reserves fall to $3.104 trillion
China's foreign exchange reservesfell $15.54 billion in July to $3.104 trillion, central bankdata showed on Wednesday.
Read in Reuters: https://apple.news/A_
Is China a currency manipulator or not?
How to understand their recent actions — and Trump's response
Read in The Week: https://apple.news/A223x8F-
Hong Kong’s finance chief says record currency reserves give it enough fire power to ward off any attack on currency, recession possible
Hong Kong’s Financial Secretary Paul Chan Mo-po on Wednesday noted that any attack on its currency could be dealt with adequately given its strong banking system and record currency reserves and at the same time warned that there was a real possibility…
Read in South China Morning Post: https://apple.news/AOvg_
China's Economic Growth: How Is China's Economy Doing?
China has been a major contributor to global growth, and its economic activity tends to have significant repercussions for the global economy.Purchasing managers' indices are a better indicator of the health of the Chinese economy than the gross domestic product number, which is politicized and is a composite in any case.As with any economy, central bank policy is very important in China.
Read in Seeking Alpha: https://apple.news/
China rare earths group supports counter-measures against U.S. 'bullying'
China's rare earths association said it would support Chinese counter-measures in the escalating trade row with the United States, which it accused on Wednesday of "bullying".
Read in Reuters: https://apple.news/
China digs in to outlast U.S. in trade dispute
The volley-for-volley trade war between China and the U.S. is accelerating at a time when Chinese President Xi Jinping can ill afford to make concessions, raising the likelihood of a protracted struggle between the world’s two biggest economies.
Read in The Wall Street Journal: https://apple.news/
Asian markets calmer as the yuan steadies, central banks cut rates
Asian markets were calmer Wednesday as central banks across the region moved aggressively to shore up slowing economic growth.
Read in CNN Business: https://apple.news/
China lowers yuan's trading range but currency stabilizes
China lowers currency's trading range, showing its potential for use as a trade weapon against Washington, but exchange rate steadies following declines
Read in ABC News: https://apple.news/
EUROPE
UK and EU Continue to Trade Blame over Failure to Negotiate New Exit Deal
Michael Gove, the minister in charge of planning for a no-deal Brexit, blamed the European Union for failing to engage on a new agreement, deepening the diplomatic standoff between the two sides less than three months before the U.K. is due to leave the bloc. “We will put all our energy into making sure that we can secure that good deal, but at the moment it is the EU that seems to be saying they are not interested,” Gove told the BBC on Tuesday. “They are simply saying ‘No, we don’t want to
Read in Insurance Journal: https://apple.news/
Boris Johnson has Britain barreling toward a disastrous no-deal Brexit
This can only end badly
Read in The Week: https://apple.news/
Euro bonds may be best bet during US-China currency war
The growing threat of a global currency war is spurring the unprecedented European bond rally in more ways than one. While trade tensions are already sparking a flight of capital into of the region's safest assets, an escalation of the situation could see a rival emerge for the European Central Bank as a major buyer of euro-area debt - the Swiss National Bank. While the U.S.-China trade spat has fueled worldwide market turmoil, it has had the opposite effect on the Swiss franc, an investor haven
Read in Aljazeera: https://apple.news/
Irish minister predicts Britain will crash out of EU in October
Britain will leave the European Union in October without a divorce deal, an Irish government minister predicted, causing a severe economic shock that could require pan-EU financial support for countries including Ireland.
Read in Reuters: https://apple.news/A_
Hard Brexit would push pressure back on German economy, strategist says
Christopher Peel, CIO of Tavistock Investments, discusses the European banking index.
Read in CNBC: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
ISX Update:
The CBI Closed on Friday and Saturday
Jubouri surprising: the appointment of an inspector of the Central Bank violated its independence and exceeded its law
09-08-2019 11:21AM
Baghdad / News
The parliamentary Finance Committee, Haitham al-Jubouri, on Friday, surprised by the appointment of an inspector of the Central Bank of Iraq, usually, in violation of its independence and violation of its law.
Jubouri said in a statement received "news", a copy of it, that "the Finance Committee shows great surprise at the deliberate violation of the Iraqi government independence of the central bank and insist on interfering in its policy and management, in violation of the text of Article 2 of the Central Bank Law, which stipulated not to allow interference Any person or the government with the work of the bank or its monetary policy and subjected to the control of the House of Representatives only.
He added: "We remind the government that this position was previously in the Central Bank and was abolished in 2008 for inconsistent with the law of the bank in force."
Al-Jubouri called for "an immediate halt to this step, warning of its external repercussions and its negative repercussions on international agreements and assessments."
Rafidain launches a new meal of advances up to 25 million dinars
Date of edit:: 2019/8/9 8:38 • 489 times read
Al-Rafidain Bank launched a new meal from the advance of the employees of the government departments, which ranges between (5, 10, 15, 20, 25) million dinars through the international card MasterCard.
"A new payment has been issued from the predecessors of the employees of the government departments to more than 9,000 employees who have settled their salaries with the bank and received an electronic card," the bank's media office said in a statement received by Euphrates News.
The statement explained that "the payment of this advance was through the imprint of the customer and then informed the employee by sending a text message notifying him of the advance payment, after he completed all legal procedures to grant them and disbursed through electronic payment tools to which the financial balance has been mobilized."
The statement explained that "the payment of this advance was through the imprint of the customer and then informed the employee by sending a text message notifying him of the advance payment, after he completed all legal procedures to grant them and disbursed through electronic payment tools to which the financial balance has been mobilized."
Kauaihn Chatter:dd
http://www.dinarguru.com/
8-9-2019 Guest Newshound Guru Samson Article: "The territorial government announces the holiday" Quote: "...the period from Sunday, August 11, 2019 until Thursday, August 15, 2019, an official holiday, and that Thursday is also one of the holidays."
8-8-2019 Intel Guru MarkZ [via PDK] It feels like someone hit the pause button at about noon est today... We have rumors that Italy and Portugal have started exchanges today. We have confirmations from Spain and India…that exchanges did start...I believe they are moving “east to west”...it appears to be underway just not sure how long the roll out process takes…Redemption Center folks still have no idea why they are sitting there doing nothing. Military Still telling me it all starts on Monday... [A friend in Lebanon. On their TV news... they are showing people in the streets holding up 25,000 bank notes and crossing out the zeroes on Dinar... Cheering in the streets.. The RV is worldwide EXCEPT for the USA!] I did hear that...didnt want to mention it without more verification.
8-8-2019 Newshound Guru chattels [Do you believe it will happen one day?] I am here because that is my belief.
8-8-2019 Intel Guru Frank26 Every day since the IMF came out and said they [Iraq] use article VIII tools... the CBI or somebody else with authority defines to me clearly that Iraq is Article VIII...ever since that day it has been well proven that Iraq is about ready to tell the world that they are Article VIII. You see the contracts that started pouring in just yesterday. Why?...why now...Yes they are Article VIII. It is not a secret...Everyone knows that it's on paper. Now Iraq must claim the responsibility to announce that they are Article VIII. And I feel that's what they are doing. They're making the preparations to do so. It must be coordinated perfect...they'll have a press conference...
8-8-2019 Intel Guru MarkZ [What are your Redemption Center contacts saying...?] They are scratching their heads...They don’t know what is happening right now... They have been on the edge of their seats for so long waiting for us to start exchanging... ...We are hearing reports from Spain, Portugal and Italy that they have started exchanges. I just got this info...Also from 3 other countries…No updates from Zurich from anyone...this is very odd...makes me think there could be an NDA there. There is a lot of chatter from Reno that today is the day. I also was told to watch for 800 numbers any time after noon EST. I need to get more verification and information today on all those rumors. I believe we are very close.
8-8-2019 Newshound/Intel Guru Dinar Investor - Jeff ...Notice the corruption news didn't really start until about mid July...suggesting to me that they started making their moves on the corruption most likely towards the beginning of July. Yes we do need to see the corruption come to an end because that's a huge factor and layer of the political stability that the CBI is seeking before they'll even agree to delete the zeroes or change the rate. ...I think most of it is probably already dealt with and all you are just hearing now is the aftermath of it within the news. ...the progress is probably further along than we are privy to know. [post 2 of 2]
8-8-2019 Newshound/Intel Guru Dinar Investor - Jeff Let's talk about corruption, IMO...there's no way that any type of legal authorities are going to give criminals the upper hand...they're not going to come out and say we are going to file sanctions against you or we're going to freeze your assets or arrest you...they're not going to do that. Well, that's what you are seeing in the news right now. Articles are coming out saying we're going to put sanctions on this one...there's no way they would release that information prior to making a move or enacting on the person...if they did they would give the upper hand. [post 1 of 2....stay tuned]
8-8-2019 Newshound Guru future ...Iraq has said the notes would CO exist...iraq has no hyper inflation...they have kept inflation at bay for years...so...Iraq and Iran arent the same...there are different types of scenarios with redenominations that pertain to certain countries issues...will Iraq gain more purchasing power? of course when they revalue substantially.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
*************
ARTICLE 1 (from PM Mahdi's website; posted only on Arabic side, not on English side)
Statement
The recent developments related to the decision of the International Football Federation to re-evaluate the lifting of the ban on Iraqi stadiums during the World Cup qualifiers to be held in Basra, the attention of the Prime Minister, Mr. Adel Abdul Mahdi, where he stressed the right of Iraq's natural and legitimate to hold matches at home and among its fans And instructed all government agencies to provide all the necessary requirements for the success of this hosting and provide the necessary support and facilities required to the delegation of the International Federation (FIFA), which will visit Iraq tomorrow to enable them to accomplish the tasks assigned to them.
Following the developments, the Prime Minister calls on the sports masses and the media to stand by the governmental institutions in the success of their endeavors in this regard.
Information Office of the Prime Minister
8 August 2019
*************
ARTICLE 2 (from Government of Iraq twitter account)
At the time this report was submitted, there are no new tweets posted on the Government of Iraq twitter account.
*************
ARTICLE 3
Al-Kalabi: The statement of finance is misleading the public opinion and continues to question its minister
2019/8/8 22:45
[Baghdad-Where]
A member of the Integrity Committee Prosecutor Youssef al-Kalabi, on Thursday, that the statement of the Ministry of Finance is misleading public opinion, stressing that he is continuing to question its Minister Fouad Hussein.
Al-Kalabi said in a statement received by the All-Iraq News Agency [where] a copy of it, "The statement of the Ministry of Finance this day is an attempt to mislead the public opinion through the mixing of papers and coverage on theft of oil in the region."
He added: "Therefore, these open methods will not fool and God willing to question the Minister of Finance after his open exploitation of his position and the delivery of money to the region without the delivery of oil to the federal government and without the calculation of tax money, fees and revenues of border ports."
He continued: "I invite all sisters and brothers members of the House of Representatives to take the real role to address this file and not allow marketing and sale of the market political deals."
The Ministry of Finance, today, launched until the beginning of August, more than one trillion and one hundred and thirty-four billion Iraqi dinars from the dues of the province of Basra.
*************
ARTICLE 4
Parliamentary wisdom bloc: the rate of completion of the government program does not exceed 32% .. These are the most prominent observations
2019/8/8 14:09
(Baghdad-Where)
The opposition parliamentary wisdom bloc, announced its report on the achievement rates in the government program.
A statement by the bloc during a press conference held in the parliament today that "based on the announcement of the Secretariat of the Council of Ministers to issue a report showing the implementation of the government program (2018-2022) for the first six months of the formation of the Iraqi government, being the body responsible for following up the program and ensure accuracy Data analysis and diagnosis of deviations and lag in implementing paragraphs of the program. "
He pointed out that "and for the national responsibility towards our dear people, the National Wisdom Movement study the semi-annual report and review its paragraphs by commissioning specialized technical committees of the current men and independent experts, where the work agreed to prepare an analytical study of the report of the government and found that there are many of the disadvantages that must be Stop then and oblige the government to address them. "
He added that "the report showed that the rate of achievement of up to (79%) in the overall targets of the ministries projects without touching on the mechanism of calculation, which indicates ambiguity in one of the most important outputs of the report and concluded the wisdom stream that the completion rate of the government program does not exceed (32%) at best Conditions for the absence of full transparency in the government program in addition to the tragic reality, which is reflected on the suffering of all categories of people in various provinces.
The statement pointed out, "and therefore has been installed many Almkhadat in the analytical study of the stream of wisdom and approach the Secretariat of the Council of Ministers officially for more than ten days did not receive any comment from the Secretariat in particular."
He explained that the most important observations:
1 - not to specify digital weights for each paragraph within the government program to calculate the percentage of completion of projects where the report gave one value regardless of the size of the project where the project of electronic archiving in the Ministry of Commerce is equal to the project to establish Karbala refinery.
2- The apparent weakness in coordination between the ministries that made the plans and the Ministry of Planning responsible for approving the plans.
3 - The existence of many projects within the report did not achieve any achievement because of the lack of financial allocations to him, and this is a clear indicator of the delay in the process of distribution of resources provided for in the budget approved by the Iraqi parliament.
4 - The report lacked reference to important issues that were among the priorities of the new government, which the citizen is eagerly waiting for (eg ration card, anti-corruption outputs, failure to address the outstanding issues between the Center and the Kurdistan Region, and the limitation of arms by the state).
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ARTICLE 5
Apricot fruit most useful for pregnant women and face diseases
09/08/2019
Experts describe apricot as the most useful fruit, which can prevent daily intake have the development of many diseases.
Therefore, doctors noted that apricots are extremely useful for people with problems with the cardiovascular system or kidney disease, according to the website "Medicoform".
This fruit is also useful for pregnant women.
"Apricots are a low-calorie product, but at the same time they contain a high content of nutrients that lower blood cholesterol and reduce muscle dystonia," the site wrote.
In addition, apricots can detoxify the body. Dietitians also point out that apricots in the fight against excess weight will be indispensable, as it can raise the mood and not increase calories.
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