WOTS Monday 8/5/19
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1185.7000 | 1185.5000 | 1185.7000 | | 00:00 |
| USD/VND | | | 23184.4200 | 23184.4200 | 23184.4200 | | 04:20 |
| USD/CNY | | | 7.0450 | 6.9390 | 6.9390 | | 04:33 |
| USD/KWD | | | 0.3036 | 0.3035 | 0.3036 | | 04:31 |
| GBP/USD | | | 1.2188 | 1.2102 | 1.2160 | | 04:33 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 00:00 |
| USD/IDR | | | 14311.0000 | 14002.0000 | 14185.0000 | | 04:33 |
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DC NY Iraq Articles:dd
Beginning of the first day of the Eid .. Opening of the Baghdad International Airport
Prime Minister Adel Abdul-Mahdi announced on Sunday the opening of the Baghdad airport road from the first day of Eid, indicating that the road will be only accessible for travel ticket holders.
"From the first day of Eid al-Adha, the opening of the Baghdad International Airport will be open to passengers," Prime Minister Mohammed Hamid al-Bayati said in a statement, noting that "only ticket holders will be allowed to pass through."
He added that "the opening will be gradually from 6 pm to 1 pm," adding that "the control of one falcon located on the road to Baghdad airport near Um Al-Tabul mosque will be lifted."
Al-Bayati called for "all military improvisation along the route of Gate No. 4 on the Abu Ghraib road."
In the presence of Abdul Mahdi .. Dozens protest in front of the Council of Diyala
05/08/2019 89
Baghdad
Dozens of citizens demonstrated on Monday in front of Diyala Provincial Council, in parallel with the presence of Prime Minister Adel Abdul Mahdi in the province.
The correspondent of "Kalkamesh Press" that a number of employees of contracts (Bashair good) demonstrated before the Diyala Provincial Council in conjunction with the presence of the Prime Minister, "explaining that" the demonstrators demanded the appointment of the remaining employees of the contracts of good things. "
The demonstrators raised banners demanding the installation of the permanent owners, pointing out to include the paragraph 57 / II, of the Federal Budget Law No. 1 of 2019.
The demonstrators raised banners demanding the installation of the permanent owners, pointing out to include the paragraph 57 / II, of the Federal Budget Law No. 1 of 2019.
And voted the House of Representatives on the installation of employees of the contracts of good deeds in Diyala in the budget of 2019.
Abdul Mahdi arrived in Diyala province on Monday morning to oversee the third will of victory operations in the province.d
Political: Some items of the government program are incomprehensible and ministers in the state do not have functional experience
Independent politician Laith Shubar confirmed on Sunday that some provisions of the government program are incomprehensible, stressing that ministers in the country do not have functional experience.
"The failure indicates a flaw in the political system and previous governments were all failed and the current government will not be able to achieve what the previous governments failed," he said in an interview with Al-Akhbar. "Changing the political system will lead us to the worst."
He added that "the government program makes joint responsibility between the government and parliament," noting that "60 percent of the paragraphs of the government program has not been implemented and some items in the program is unclear."
He continued: "The sources of corruption rose despite the existence of a paragraph of the government program to address it," noting that "the description of Bahaa al-Araji (Deputy Prime Minister) to the government of the garbage applies to all governments."
He pointed out that "some ministers do not have functional experience in the state to manage their ministries and can not assess the government of Abdul-Mahdi because it did not cross enough time," pointing out that "the political reality required to find an alternative to Abdul Mahdi if it does not work."
Integrity announces the issuance of arrest and arrest warrants against 34 ministers and officials
Integrity announces the issuance of arrest and arrest warrants against 34 ministers and officials
Baghdad / Kilgamesh Press
The Integrity Commission announced on Monday the details of its investigative, legal, preventive and educational activities for the first half of 2019, announcing its semi-annual report, highlighting the completion of its departments, directorates and investigation offices throughout Iraq except Kurdistan.
According to a statement received by the agency, "the public funds recovered or issued judicial rulings refunded, which prevented and stopped the body wasted, which was returned to the treasury account amounted to (1,312,571,395,038) trillion dinars during this period exclusively," referring to "Its consideration of (9571) a communication, a news and a criminal case".
"The number of communications was 2089, while the number of informants was 2,699, while the criminal cases amounted to 4,783." The number of accused referred to the Court of Misdemeanors - Misdemeanors and Crimes - (1939) accused, including 5 ministers and those of their rank , Where they were issued 5 decisions by referral, and the number of referred to the courts of special grades and general managers 100 accused, were issued 137 decisions to refer.
The investigations led to the issuance of 857 arrest warrants by the judicial authorities, of which 407 were executed during the first half of the current year, while the number of ministers and those of the same rank who were issued an arrest warrant 8, 16 arrest warrants, 106 arrest warrants issued against 46 of the With special grades and general managers. "
The statement added that "the number of orders of judicial recruitment issued on the basis of the investigations of the body during the same period 2866 orders, which implemented (2014) order," explaining that "the number of ministers and those of their rank who were issued orders of recruitment was 12 were issued 12 orders of recruitment, At the time, the number of those who were issued judicial orders by special degrees and general managers was 98 officials who were issued 129 orders, as well as the issuance of 1124 judicial arrest warrants, one against a minister, and six warrants issued against 4 accused of special ranks and general managers. "
The Commission's statement reviewed the number of defendants, criminal cases, estimated amounts and cases covered by the amnesty law, noting that "the total number of defendants in relation to cases of corruption referred by the Commission amounted to 986 accused and sentenced in 647 criminal cases."
She pointed out that "the seizures and seized funds carried out during the first half of this year, indicating that they carried out 306 seizures, and that the number of accused in those operations amounted to 691 accused, reinforced by the criminal evidence that was seized and installed in the records of fundamentalist seizure organized by the teams provided To the investigative authorities, pointing out that the funds seized in those operations totaled nearly eighteen billion dinars and half a billion.
The statement said that "the body worked in the same period exclusively on 83 files of fugitives wanted in cases of corruption, prepared 54 files, while at the same time worked on 197 files to recover the money smuggled."
During the same year (18552), the Authority received a financial disclosure form. The percentage of the response of the presidents, ministers, the parliament, the judiciary, the deputies of the President of the Republic, and the deputies of the Speaker of the Council of Representatives was 100 percent. The response of heads of institutions and entities not affiliated with the Ministry, and those with the rank of Minister 72.4 percent, and the members of the House of Representatives was the response rate of 20.6 percent, with only 67 deputies disclosed their financial liabilities of the total of 326 deputies until the middle of the year.
The statement pointed out that "the Authority has monitored the integrity and correctness of the data provided in the financial statements of 3251 participants distributed among 41 parties, highlighting the draft legislation and laws implemented and proposed by the Commission and the measures taken during the same period. The report also included the educational awareness activities launched by the Authority During that period "
FMs of Iraq, Jordan, Egypt Meet in Baghdad on Gulf Crisis
The foreign ministers of Iraq, Jordan, and Egypt met on Sunday in Baghdad for talks on the latest tensions in the Gulf, including the threats posed by Iran in the region.
A source from Iraq's Ministry of Foreign Affairs said in a statement that the diplomats shed light on the tensions in the Gulf, mainly focusing on Iran's seizure of a British flagged oil tanker near the strategic Strait of Hormuz which has caused several crisis in the region.
The three officials, according a statement by Egypt Today on Saturday, also exchanged views on the economic cooperation among Iraq, Jordan, and Egypt and the means of supporting stability in Iraq.
"They [the ministers] will also discuss counter-terrorism issues, investment through a series of agreements and MoUs [Memoranda of Understanding] that include economic coordination, and supporting Iraq in reconstructing the areas that were liberated from the terrorist group of Daesh [Islamic State]," the report cited a statement by the Iraqi Foreign Ministry.
Integrity: The restoration of trillion and 312 billion and 34 is the recruitment and arrest of ministers and their rank
09:3905/08/2019
BAGHDAD /
A member of the legal committee on the mass change Bahar Mahmoud, on Monday, that the Federal Service Law has nothing to do with the salaries of employees and retirees as is rumored and will not be manipulated in the event of approval of this law, calling for the delay in its legislation being very important and must come out in a solid manner.
A member of the legal committee on the mass change Bahar Mahmoud, on Monday, that the Federal Service Law has nothing to do with the salaries of employees and retirees as is rumored and will not be manipulated in the event of approval of this law, calling for the delay in its legislation being very important and must come out in a solid manner.
"The Federal Service Law has nothing to do with salaries and pensions, since there are special laws on these matters and the Legal Committee is keen to complete this law because it is in the interest of the employees," Mahmoud said in a press statement. Combines scattered laws for the staff segment.
"The legal committee is in the drafting stage of this law after the Finance Committee ended its observations on it," she said. "The priority in the next legislative term will be to approve this law despite its calls to wait in its legislation because it is important and must come out in a sound manner."
Kauaihn Iraq Articles:dd
Deputy: Federal service law is not related to salaries of employees and retirees
Editorial date: 2019/8/5 9:25 • 160 times read
The law of the federal service is not related to the salaries of employees and retirees as is rumored and will not be manipulated in the event of approval of this law.
"The Federal Service Law has nothing to do with salaries and pensions, since there are special laws on these matters, and the Legal Committee is keen to complete this law because it is important for the benefit of the employees," Mahmoud said in a statement received by Al-Furat News. Important because it combines the scattered laws of the staff segment. "
She added that "the legal committee at the stage of drafting this law after the Finance Committee completed its observations on it," noting that "the priority in the next legislative term will be to approve this law, despite its calls to wait in the legislation is important and must come out in a good way."
She added that "the legal committee at the stage of drafting this law after the Finance Committee completed its observations on it," noting that "the priority in the next legislative term will be to approve this law, despite its calls to wait in the legislation is important and must come out in a good way."
Deputy for: the amounts of the Kuwait conference will arrive soon and reconstruction in Nineveh in the coming days
10:02 - 05/08/2019
Information / Baghdad ..
The governor of Nineveh province, Thabet Mohammad, said Monday that the province will witness the start of service projects and campaigns for reconstruction in the coming days, pointing out that the amounts of the Kuwait Conference for the reconstruction of the affected areas will arrive shortly after Halabusi visit to Kuwait.
"The budget allocated to Nineveh has reached the province and began to work on small projects represented by the campaign of clothing in the streets affected by terrorism and the roads inside the city center and its ruins," Mohammed said in a statement.
He added that "the amounts were distributed according to a plan prepared in advance, but it represents a very low proportion of the ambition and need of the province, as the budget amounts operational does not meet the purpose and can not save Nineveh of the destruction caused by terrorist operations."
"The last days witnessed the visit of Parliament Speaker Mohamed Halbusi, accompanied by some governors of the liberated provinces, to Kuwait where it was confirmed near the arrival of funds allocated at the Kuwait Conference for the reconstruction of the affected areas, and is likely to start projects in the next few days." End 25 n
Integrity stopped the smuggling of Internet stalls worth 1.5 billion dinars per month in Diyala
Release date: 2019/8/4 10:20 • 106 times scheduled
(Baghdad: Al Furat News} The Integrity Commission, on Sunday, stopped the process of smuggling Internet capacity cause the waste of one billion dinars and half a billion of public money a month in Diyala province, while caught accused of smuggling and equipment and equipment used.
The Department of Investigation said that "a team from the Diyala investigation office in Diyala, in coordination with the Office of the Inspector General of the Ministry of Communications and the Information and Communications Authority and the Directorate of Communications and the security services, managed to control the transmission of Internet access in violation of the law in the district of Khanaqin," indicating that " Resulted in the arrest of two accused; for involvement in the smuggling. "
The Department confirmed that "the defendants were running a tower used to smuggle Internet capacity illegally, pointing to the seizure of devices and the cutting of smuggling lines, as well as the seizure of {9} micro-links and equipment and tools used in the smuggling operations within the province by (one for) That "the value of waste public money resulting from the smuggling capacity is estimated at {1,500,000,000} billion dinars per month."
She added that "a record of the seizure of the assets of criminal detainees seized during the operation, and presented with the defendants to the judge of the Court of Inquiry Ba'quba, who is concerned with issues of integrity, which decided to arrest them according to the provisions of Article (361) of the Penal Code.
It is noteworthy that the Integrity Commission announced last month that it was able to thwart the smuggling of Internet capacity in the province of Nineveh border areas between Iraq and Syria.
The Department confirmed that "the defendants were running a tower used to smuggle Internet capacity illegally, pointing to the seizure of devices and the cutting of smuggling lines, as well as the seizure of {9} micro-links and equipment and tools used in the smuggling operations within the province by (one for) That "the value of waste public money resulting from the smuggling capacity is estimated at {1,500,000,000} billion dinars per month."
She added that "a record of the seizure of the assets of criminal detainees seized during the operation, and presented with the defendants to the judge of the Court of Inquiry Ba'quba, who is concerned with issues of integrity, which decided to arrest them according to the provisions of Article (361) of the Penal Code.
It is noteworthy that the Integrity Commission announced last month that it was able to thwart the smuggling of Internet capacity in the province of Nineveh border areas between Iraq and Syria.
Italy warns Iraq of danger
Editorial date: 2019/8/5 11:10 • 79 times scheduled
{Baghdad: Al-Furat News} Italy has issued a security warning to Iraq from the danger of terrorist gangs.
A statement issued by the Iraqi Foreign Ministry received the agency {Euphrates News} a copy of it, "The Undersecretary of the Italian Foreign Ministry for Foreign Affairs and International Cooperation {Emmanuela del Rey} praised in a speech during a ceremony attended by the Iraqi Embassy in Rome on the occasion of the fifth anniversary of the genocide against the Yezidis, The efforts of the Iraqi army in defeating a supporter of a strong terrorist on the need to be cautious of him despite his defeat militarily. "
The Italian official recalled "the beautiful moments she experienced with the Yezidis before the arrival of the criminal advocate to their areas in Sinjar, as well as the painful moments that she experienced after the arrival of the terrorists and the crimes committed against them." Indicating that "cooperation with Iraq will be a priority and follow the matter by virtue of her position as Deputy Foreign Minister "He said.
For his part, recalled the Iraqi Ambassador, Ahmed Bamrani, in his speech on the occasion, "the atrocities committed against the Yazidi component by the Dahesh in a way not seen the history of Iraq, except in the crime of genocide committed by the former regime in Anfal against the Kurds."
The ambassador referred to "crimes calling on the terrorist to sell the Yezidis cheaply and expose the adult women and children to murder, torture and use the most horrible means to abuse them."
He also praised "the efforts of the international coalition, including Italy, to help Iraq in its war against the supporter and defeat of the terrorist," calling for "the trial of criminals calling for the punishment of their genocide against the Yezidis."
The Italian official recalled "the beautiful moments she experienced with the Yezidis before the arrival of the criminal advocate to their areas in Sinjar, as well as the painful moments that she experienced after the arrival of the terrorists and the crimes committed against them." Indicating that "cooperation with Iraq will be a priority and follow the matter by virtue of her position as Deputy Foreign Minister "He said.
For his part, recalled the Iraqi Ambassador, Ahmed Bamrani, in his speech on the occasion, "the atrocities committed against the Yazidi component by the Dahesh in a way not seen the history of Iraq, except in the crime of genocide committed by the former regime in Anfal against the Kurds."
The ambassador referred to "crimes calling on the terrorist to sell the Yezidis cheaply and expose the adult women and children to murder, torture and use the most horrible means to abuse them."
He also praised "the efforts of the international coalition, including Italy, to help Iraq in its war against the supporter and defeat of the terrorist," calling for "the trial of criminals calling for the punishment of their genocide against the Yezidis."
Council of Kirkuk: 160 Arab villages were destroyed before the imposition of security
04-08-2019 10:24 AM
Baghdad
The Kirkuk Provincial Council revealed on Sunday that influential authorities destroyed more than 160 villages in Kirkuk and its outskirts before 2017, pointing out that more than 150 thousand Arab families have been displaced without return to the province.
Council member Burhan al-Assi said in a statement to the "news" that "influential parties have caused the destruction of more than 160 Arab villages within the plan envisioned to change the demographic in Kirkuk."
He added that "about 150 thousand Arab families have been displaced for several reasons in Kirkuk without return, while the addition of fake names of other components."
Al-Aasi said that "the Federal Court to comply with political pressure and that the restoration of Article 140 came on the size of blocks and Kurdish parties to make a change in the upcoming elections." Politics
Safavi: Victory of Iraq victory for Iran
August 5, 2019 - 10:50
"The defense of Baghdad is like defending Tehran, and our destiny is one and that the victory of the Iraqis is a victory for all of us," said the adviser to the commander of the Islamic Revolution for Military Affairs, Major General Yahya Safavi.
The Mehr News Agency reported that Major General Rahim Safavi stressed that Iran and Iraq complement each other and that defending Iran is at the same time a defense of Iraq.
"Defending Baghdad is like defending Tehran. Our fate is one and that the victory of the Iraqis is a victory for all of us."
He warned that the Zionists fear the consolidation of relations between our two countries, the same as happened when they tried to try to sow division between Arab and Kurdish Iraqis.
Shammari pointed out that "there is a remarkable activity practiced by American bases, and we have pictures proving the involvement of the Americans in providing a weapon.
He said that the movement is conducting intelligence operations in the area of Boukmal and along the border with Syria. /is over/
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Week Ahead: Trade War, Central Banks and Key Data | Action Forex
The week ahead features interest rate decisions from two major central banks, as well as several potentially market-moving data from around the world. But after US President Donald Trump brought trade tensions back to the boiling point this week, sentiment is going to be heavily influenced by any trade-related headlines in the early parts of […] The post Week Ahead: Trade War, Central Banks and Key Data appeared first on Action Forex.
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Gold, Gold-Stock Autumn Rally Setup Unusual
Gold and gold stocks are entering their strong season, starting with their autumn rally. In modern bull-market years, Augusts and Septembers have averaged out to this sector's second-best couple-month span.This year’s autumn-rally setup is unusual, gold skipped its summer-doldrums slump after breaking out to new bull-market highs. That was driven by massive gold-futures buying, leaving speculators’ positioning quite bearish.But the resulting rare new-high psychology is a powerful motivating
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Gold Price Hits All-Time Highs in CAD
News Bites Gold Price Hits All-Time Highs in CAD Sarah Abu-Shaaban Friday August 02, 2019 16:08 Kitco News Share this article: Ed Note: We are proud to unveil our new mining page, an entire space dedicated to up-to-the-minute news, with exclusive industry interviews and all the relevant information you need, rounded in up in one spot. Who is merging? Who is Buying? Who is Digging? We got you covered! (Kitco News) - While gold has hit a fresh six-year high against the U.S. dollar, it is making
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Oil Prices Rebound as Trump Reportedly Dangles China-Tariff Delay
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I'm New to Points and Miles — What Credit Card Should I Get?
Starting out in the points-and-miles world can be confusing with a capital C (so much so that I put together a new Beginner's Guide). One of the questions I get asked all the time — on Instagram and in person — is, "What credit card should I get?" This guide should answer that question. Having...
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Apple Card restrictions include no jailbreaking or cryptocurrency purchases
Per the customer agreement posted today
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After 3 years of full-time freelancing, I decided to open a Chase Ink business card. Here's why I'll never look back
Separating personal and business expenses is key when you're a freelancer. Author not pictured. Putting all your work-related expenses on a business card such as the Ink Business Preferred Credit Card can help you rack up rewards. Keeping your personal and work expenses separate also helps simplify financial housekeeping. The Chase Ink Preferred comes with extra benefits such as travel protection, purchase protection, and no foreign transaction fees After being in business as a full-time
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News Update - The Look AheadCNBC brings you fast, accurate, and actionable business news and market updates.
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The S&P 500 Suffered Its Worst Week of 2019 — and It Might Not Be Finished FallingPresident Donald Trump announced 10% tariffs on another $300 billion worth of Chinese goods, and it ricocheted through the market. The S&P 500 index dropped 3.1% to 2932.05.
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Why U.S. stocks remain vulnerable as Trump trade tweets revive global growth jittersMaybe investors got a little too relaxed about the U.S.-China trade war. After the stock market’s worst week of 2019, that’s not the case any more.
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These 7 wild and worrying facts show it’s not your father’s stock marketGlobal equities markets have become dominated by central bank stimulus and ever-rising debt, says BofA Merrill Lynch.
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Stocks - Trade Jitters Send Wall Street to Worst Week of YearStock Markets Aug 02, 2019 19:49 GMT Investing.com – Stocks fell for a fifth-straight day Friday, with the S&P 500 and Nasdaq Composite suffering their worst weekly losses since the depths of the December slump. If there was good news for stocks it was that buying kicked in after President Donald Trump softened his threat to impose 10% tariffs on Chinese exports to the United States in September. If there's proof China is, in fact, buying agricultural and other products, the United States might
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GLOBAL MARKETS-Stocks, yields tumble as trade frictions unnerve traders
(Updates with U.S. market close)
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Bitcoin Won't Be a Global Reserve Currency. But It's Opening the Box
Bitcoin will not become a global reserve currency, argues Noelle Acheson. But it is adding a powerful tool to the box of potential solutions.
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Crypto Market Update: Focus on Bitcoin (BTC), Litecoin (LTC), and Chainlink (LINK)
by Siamak Masnavi | 3 Aug 2019 This article provides a quick overview of how the crypto market has been doing—with special focus on Bitcoin, Litecoin, and Chainlink—over the past 24-hour period. Bitcoin (BTC) According to data from CryptoCompare, at 02:50 UTC on Saturday (August 3), the Bitcoin price managed to go over the $10,800 for the first time since July 20. At press time (08:30 UTC on August 3), Bitcoin is trading at $10,821, up 2.96% in the past 24-hour period: Litecoin (LTC) Although
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Bitcoin (BTC) Price Back on Track Towards $11K, Positive Sign of 4th Monthly Doji Candle
The price of leading cryptocurrency Bitcoin is climbing again after a week of losses. Early yesterday the asset broke through resistance at $10,000 and has since continued upwards to $10,800. Analysts believe if this rally continues it could break through $11,000 today or tomorrow. Trump Tariffs The boost was likely precipitated by Friday's surprise announcement...
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No You Cannot Buy Bitcoin And Cryptocurrencies With Apple Card
One of the world’s largest tech firms has made its stance on bitcoin and crypto quite clear. Users of Apple’s new credit card be faced with a number of restrictions, and one of them is cryptocurrency purchases. Bitcoin Not An Option As expected, Apple continues with its quest to dictate what users can and cannot do with the company’s products and services. The terms and conditions for the new credit card were posted on the Goldman Sachs website this week according to Reuters. The Goldman
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Bitcoin.com Exchange To Be Launched At The Beginning Of September
The blockchain and cryptocurrency industry is one of the fastest-growing sectors in the world. Public interest in digital assets continues to grow, and more people are taking up crypto trading. One of the leaders in the industry, Bitcoin.com, has announced that they will be launching a cryptocurrency trading platform on the 2nd of September. The announcement was made this Thursday and traders can expect to receive user-friendly trading service along with high liquidity according to the
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As Bitcoin Approaches $11,000 — Lawmakers Attempt To Regulate Crypto
In the past, the world of cryptocurrency has been defined by its lack of strict regulations, and its promises of insane profit for relatively low efforts. However, the age of the crypto wild west might soon be coming to a close. At least, that's what U.S. lawmakers would like.
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Forex - U.S. Dollar Falls After Jobs Report Fails to Diminish Fed Cut ExpectationsForex Aug 02, 2019 14:38 GMT Investing.com - The U.S. dollar fell after the jobs report failed to diminish expectations of the Federal Reserve cutting rates next month. The U.S. economy added just 164,000 jobs in July, compared to 193,000 in June, while job creation was as expected and the unemployment rate held steady near 50-year lows. Trade tensions continued to weigh on investors, with demand for more traditional safe-haven assets rising after U.S. President Donald Trump threatened another
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Pack Your Bags: The Euro Is at Its Lowest Rate in More Than 2 YearsThis week, the euro fell to its lowest level against the dollar in more than 26 months, according to FX Street, following the floundering British pound, which just hit a 30-month low against the dollar. As of Friday, Aug. 2, the exchange rate was hovering around $1.21 for every pound and $1.11 for every euro....
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No, Europe (And The Euro) Is Not Getting BetterAs expected, the Fed cut its policy rate by 25bps for the first time in 11 years despite an unemployment rate at all-time low and equities at all-time highs.Our key forward-looking indicators are still showing signs of anxiety.We do not think that the Fed’s cut will matter in the short run as investors will favour the US dollar as uncertainty remains elevated.It looks like the euro is vulnerable in the short run, especially against the US dollar, the Japanese yen, and the Swiss franc.
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GLOBAL MARKETS-Stocks tumble on China's counter-threat to Trump; yen jumps
(Updates prices, adds comments, changes byline, dateline fromLONDON)
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California battles homelessness problem
Donald Trump blamed Democrats for crime and homelessness in some of the nation's largest cities, specifically focusing on California at a campaign rally on Thursday. Melissa Caen from CBS San Francisco joined CBSN to discuss the latest state efforts to combat the escalating crisis.
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American seniors employed at record-high levels
Longer life expectancies, retirement savings challenges and heightened health care costs are some of the reasons seniors are working longer.
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Blackout in Southern California grounds flights at John Wayne Airport, leaves thousands without power
A blackout in Southern California on Friday reportedly left around 28,000 customers without power and grounded all flights at Orange County's John Wayne Airport through 7 a.m. Saturday.
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Trump says China tariffs helps the US negotiate 'real trade deals'
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Trump defends stance on China trade after new tariffs
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The Big 4 Economic Indicators: July Nonfarm Employment
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions.There is, however, a general belief that there are four big indicators that the committee weighs heavily in their cycle identification process.This commentary has been updated to include this morning's release of Nonfarm Employment.
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Low Inflation And High Employment... Tariff Impacts?
In the current market, US tariffs on imported Chinese goods should be inflationary because the tariffs are on many common items used in every day activity.Command economies can behave like China for a period, but they always fail because they violate the basic rules of economics.Markets should rise from current levels as pessimism eases and economic activity continues.
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Colombian foreign minister: Venezuela crisis is a regional issue that will have a global impact
Colombian Foreign Minister Carlos Holmes Trujillo on how the Venezuela crisis is impacting his country.
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President Trump Losing Patience With Venezuela's Maduro
Trump is losing patience with Venezuelan President Nicolas Maduro and appears ready to attempt to take the country's oil exports to zero, much as he has done with Iran. Attempting to crush two OPEC countries at once is unprecedented, but the availability of US shale gives the president flexibility.
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Venezuela inflation hits 10-million percent. Here's the plan to undo the damage
A coup taking down Venezuelan president Nicolas Maduro would be only the first step in any attempt to get the South American economy back on track. Economic shock therapy will be required to reverse the chaos of a state-run system that wasted its oil riches.
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Stronger dollar negative for emerging market currencies, Amundi's Koenig says
Andreas Koenig, Head of Global FX, Amundi gives his near-term outlook for the dollar.
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After weeks of protest, Puerto Rico has a new leader — for now
Pedro Pierluisi is Puerto Rico’s new governor. But he faces legal challenges and protesters who want him gone.
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Saudi Arabia Is Paying Billions for the U.S. Navy Ship the Navy Hates
Sebastien Roblin Security, Any guesses what that could be? On July 29, members of the U.S. Senate voted forty-five to forty to block new sales of laser-guided bombs and aircraft maintenance services to Saudi Arabia—falling short of the two-thirds majority necessary to override a veto by the Trump administration blocking the ban from taking effect. Despite deteriorating public support for Riyadh due to its implication in an exceptional number of civilian deaths in Yemen and the murder of one of
Read in The National Interest: https://apple.news/A_t-
Iran Says U.S. 'Isolating Itself' as China, Russia, Allies Go Their Own Way
August 02, 2019 Trump Says U.S. Shot Down Iranian Drone In The Strait Of Hormuz Iran has warned that the United States risked further alienating itself from other global powers and regional players in the Middle East if it kept trying to impose its views on others via sanctions. Iranian Foreign Minister Mohammad Javad Zarif, who was recently blacklisted by the U.S. for speaking on behalf of his government, highlighted Tehran's ongoing outreach to neighbors at a time when President Donald Trump
Read in Newsweek: https://apple.news/ArJ2wvW6OQ-
Iran to make ‘third step’ in scaling down commitments under 2015 nuclear deal – FM
Tehran is ready for the next phase of reducing its obligations under the 2015 nuclear agreement, as the US ramps up sanctions against the country and its Foreign Minister Mohammad Javad Zarif.
Read in RT News: https://apple.news/
Iran to further reduce commitments to nuclear deal: foreign minister
Iran will take another step to reduce its compliance with a landmark 2015 nuclear deal, Iranian Foreign Minister Mohammad Javad Zarif said on Saturday without elaborating, according to parliamentary news agency ICANA.
Read in Reuters: https://apple.news/
Tensions with Iran show similarities to the Iraq war
NBC News’ Dasha Burns takes an in-depth look at how the current conflict between the U.S. and Iran is mirroring a past conflict between the U.S. and Iraq.
Read in NBC News: https://apple.news/
Dubai retail group GMG says its outlets saw double-digit growth during DSS
The company’s retail outlets include brands such as Nike, Sun & Sand Sports, and Supercare Pharmacy
Read in Gulf Business: https://apple.news/
Don’t call them Syria’s child casualties. This is the slaughter of the innocents
As violence escalates, more children have died in rebel-held areas in the past month than in all of 2018. But does anybody care? Murdered children are no longer news. International media coverage of the war in Afghanistan, where child deaths reached an all-time high last year, is sporadic at best. In Yemen it is estimated that at least 85,000 under-fives have died of starvation since 2015, a figure that numbs the mind. In Syria, especially, it is hard to keep count because children are being
Read in the guardian: https://apple.news/
Zimbabwe's crisis is growing dangerous
Zimbabwe's economic crisis is deepening, with electricity restricted to 6 hours per day, millions of people going up to a week without running water and more than half the population facing food insecurity.
Read in Axios: https://apple.news/AMa-
Questions remain as Zimbabwe marks anniversary of deadly security crackdown
It is just over a year since activists took to the streets of the Zimbabwe capital Harare to protest delays in announcing the results of presidential elections. The army was called in to crush the protests, and six people were shot dead.
Read in RFI - English: https://apple.news/
Conceal the burn: Zimbabwe is withholding official inflation data
Harare, Zimbabwe - The statistics agency in Zimbabwe will not publish annualised inflation numbers until February of next year, to enable the government to collect more data comparing price information on a like-for-like basis, a top official said amid rising unrest over skyrocketing costs and goods shortages. In a televised midterm fiscal policy review on Thursday, Finance Minister Mthuli Ncube said that Zimstat, the nation's statistical body, will release the numbers in 2020 because prices are
Read in Aljazeera: https://apple.news/AtcTsZr_
Donald Trump Gets His Wall at Last—but It's in Zimbabwe
The U.S. is putting up $475,000 to help restore the stone walls at Great Zimbabwe, a fortress that dates back to the 11th century and which gave the country its name.
Read in FORTUNE: https://apple.news/
Goldman Sachs Bets On South Africa's Strong Economic Growth
Goldman Sachs is looking to tap into fast economic growth on the continent by expanding its business in South Africa. Can Africa’s most industrial nation revive the firm which is battling a slump in core trading revenue and seeking to tap into new markets?
Read in Forbes: https://apple.news/
Nigeria: Health Alert - Drinking Zobo, Kunu in Reused Bottles Can Expose Consumers to TB, Hepatitis - Medical Professionals
Zobo (hibiscus) and kunu drinks mean different things to many Nigerians depending on where they belong in the social strata in the society. While the rich may consume the popular drinks for pleasure or because of their natural medical benefits, they serve as alternatives to expensive meals for poor Nigerians - most of whom survive on less than a dollar per day. This report follows an alarm raised by a concerned Nigerian, Vivian Nuhu who narrated her experience to Vanguard about an incident she
Read in AllAfrica: https://apple.news/
China's social credit system threatens foreign businesses with blacklists and restrictions
China's push to implement a national social credit system attracts rapt attention around the world, though it is in its earliest stages — not yet influencing the daily lives of most Chinese citizens and largely opaque to outsiders.
Read in Axios: https://apple.news/
As melting ice opens up Arctic routes, can the US set aside China and Russia rivalry for climate’s sake?
The Arctic has, for most of human history, been a largely useless slab of ice. As National Geographic magazine’s Neil Shea noted in May, it was “out of play, too cold, too distant and too dangerous”. And then it started melting. As ice cover has shrunk…
Read in South China Morning Post: https://apple.news/
US-Philippine ties fray further with Manila’s embrace of China’s Huawei
A century ago, the British historian Benedict Anderson observed, the “Americans installed, by stages, a political regime, modelled on their own” in the Philippines, their sole colony in the eastern hemisphere. The upshot was Asia’s first liberal democracy…
Read in South China Morning Post: https://apple.news/A-
Fear of no-deal Brexit leaves Japanese firms considering a UK exit
Ever since the referendum in 2016 that decided Britain should leave the European Union, senior Japanese officials have been uncharacteristically vocal in raising concerns about the country crashing out of the bloc without a deal. A so-called no-deal…
Read in South China Morning Post: https://apple.news/AC_
Hong Kong follows US Fed in cutting interest rate for the first time since 2008 as trade war weighs down on world economy
Hong Kong’s monetary authority cut the city’s base lending rate for the first time in more than a decade, reducing the cost of money in a slowing economy that had been squeezed by a year-long US-China trade war. The city’s de facto central bank reduced…
Read in South China Morning Post: https://apple.news/Ax6B8oaxIT_
Snubbed by North Korea, Pompeo hits other Asian turbulence
BANGKOK (AP) - U.S. Secretary of State Mike Pompeo left Thailand on Saturday with his hopes for resuming nuclear talks with North Korea dashed, while facing an escalating trade war with China and a potentially devastating breakdown in relations between key American allies Japan and South Korea. After three days in Bangkok that the Trump administration had expected could herald an end to the impasse in North Korea negotiations, Pompeo instead departed without progress on that front as Pyongyang
Read in Business Insider: https://apple.news/
China claims progress on creating world’s largest trade bloc, but ‘very difficult’ issues remain
A meeting of trade ministers attempting to create the world’s largest trading bloc without the United States wrapped up in Beijing on Saturday, with China claiming further progress, though there were “very difficult” negotiations ahead. Trade delegates to…
Read in South China Morning Post: https://apple.news/
Investors Rushing Towards Safer Assets As the German Government Bond Yield Curve Goes Negative
According to recent reports, Germany’s financial market is going through an event that was never witnessed before, as its 30-year government bond yield went negative this Friday. As the yield curve entered the negative territory for the first time ever, investors stopped their bonds trading, rushed towards other assets, trying to find safe investments. The […] The post Investors Rushing Towards Safer Assets As the German Government Bond Yield Curve Goes Negative appeared first on LearnBonds.com.
Read in Learn Bonds Financial News: https://apple.news/
With no clear path for Brexit, expect more volatility in Britain’s markets
Britain’s newly minted Prime Minister Boris Johnson has stepped up his “no deal” rhetoric, claiming he will not meet with EU leaders unless they agree to change key aspects of a divorce deal, sending the British pound spiralling downwards. Regarding his…
Read in South China Morning Post: https://apple.news/
Trump, Eu Officials Announce Deal to Sell More American Beef to Europe
"The agreement that we sign today will lower trade barriers in Europe and expand access for American farmers and ranchers."
Read in IJR: https://apple.news/
Forget the past: US-UK relationship must adapt to remain truly 'special'
The U.S. should eagerly and magnanimously broker further economic and military ties with the U.K.
Read in The Hill: https://apple.news/
Brexit: Anger as government set to spend five times more on 'propaganda' than helping councils prepare for no deal
Government ministers have been condemned for spending five times more on no-deal Brexit "propaganda" than on helping local councils prepare for the possibility of the UK leaving the EU without a deal.
Read in The Independent: https://apple.news/AXTJUkWj_
GLOBAL/NEWS/INFO
Today in History
Today is Sunday, Aug. 4, the 216th day of 2019. There are 149 days left in the year.
Week Ahead: Trade War, Central Banks and Key Data | Action Forex
The week ahead features interest rate decisions from two major central banks, as well as several potentially market-moving data from around the world. But after US President Donald Trump brought trade tensions back to the boiling point this week, sentiment is going to be heavily influenced by any trade-related headlines in the early parts of […] The post Week Ahead: Trade War, Central Banks and Key Data appeared first on Action Forex.
Read in Action Forex: https://apple.news/AE__
OIL/COMMODITIES/ENERGY
Gold, Gold-Stock Autumn Rally Setup Unusual
Gold and gold stocks are entering their strong season, starting with their autumn rally. In modern bull-market years, Augusts and Septembers have averaged out to this sector's second-best couple-month span.This year’s autumn-rally setup is unusual, gold skipped its summer-doldrums slump after breaking out to new bull-market highs. That was driven by massive gold-futures buying, leaving speculators’ positioning quite bearish.But the resulting rare new-high psychology is a powerful motivating
Read in Seeking Alpha: https://apple.news/
Gold Price Hits All-Time Highs in CAD
News Bites Gold Price Hits All-Time Highs in CAD Sarah Abu-Shaaban Friday August 02, 2019 16:08 Kitco News Share this article: Ed Note: We are proud to unveil our new mining page, an entire space dedicated to up-to-the-minute news, with exclusive industry interviews and all the relevant information you need, rounded in up in one spot. Who is merging? Who is Buying? Who is Digging? We got you covered! (Kitco News) - While gold has hit a fresh six-year high against the U.S. dollar, it is making
Read in Kitco News: https://apple.news/
Oil Prices Rebound as Trump Reportedly Dangles China-Tariff Delay
Commodities Aug 02, 2019 17:49 GMT Investing.com – Crude oil prices rebounded Friday, as fears the U.S.-China trade war may hurt oil demand from Beijing were eased somewhat after President Donald Trump reportedly said that proposed tariffs on China could be delayed or halted if Beijing “takes positive action.” On the New York Mercantile Exchange crude futures rose 3.2% to $55.66 a barrel, while on London's Intercontinental Exchange, Brent jumped $1.39 to $61.89 a barrel. During an interview with
Read in Investing.com: https://apple.news/
BANKS/BANKING/CREDIT
I'm New to Points and Miles — What Credit Card Should I Get?
Starting out in the points-and-miles world can be confusing with a capital C (so much so that I put together a new Beginner's Guide). One of the questions I get asked all the time — on Instagram and in person — is, "What credit card should I get?" This guide should answer that question. Having...
Read in The Points Guy: https://apple.news/
Apple Card restrictions include no jailbreaking or cryptocurrency purchases
Per the customer agreement posted today
Read in The Verge: https://apple.news/
How do I buy Ethereum Classic with a credit card? | Coin Insider
What is Ethereum Classic? “Decentralized. Immutable. Unstoppable.” Ethereum Classic, as we know it, exists because of a hack that happened to the major Ethereum blockchain in 2016. The Ethereum we use today is the hard fork from the original blockchain, which occurred as a combat to the hack. The original network, Ethereum Classic, remained as its own chain with a dedicated team and differing features from the main Ethereum blockchain. According to the website of Ethereum Classic, the team is
Read in Coin Insider.: https://apple.news/
What is Ethereum Classic? “Decentralized. Immutable. Unstoppable.” Ethereum Classic, as we know it, exists because of a hack that happened to the major Ethereum blockchain in 2016. The Ethereum we use today is the hard fork from the original blockchain, which occurred as a combat to the hack. The original network, Ethereum Classic, remained as its own chain with a dedicated team and differing features from the main Ethereum blockchain. According to the website of Ethereum Classic, the team is
Read in Coin Insider.: https://apple.news/
After 3 years of full-time freelancing, I decided to open a Chase Ink business card. Here's why I'll never look back
Separating personal and business expenses is key when you're a freelancer. Author not pictured. Putting all your work-related expenses on a business card such as the Ink Business Preferred Credit Card can help you rack up rewards. Keeping your personal and work expenses separate also helps simplify financial housekeeping. The Chase Ink Preferred comes with extra benefits such as travel protection, purchase protection, and no foreign transaction fees After being in business as a full-time
Read in Business Insider: https://apple.news/Ai0l_KxsIS_
TREASURIES/BONDS/STOCKS
Read in CNBC: https://apple.news/
The S&P 500 Suffered Its Worst Week of 2019 — and It Might Not Be Finished FallingPresident Donald Trump announced 10% tariffs on another $300 billion worth of Chinese goods, and it ricocheted through the market. The S&P 500 index dropped 3.1% to 2932.05.
Read in Barron's: https://apple.news/
Why U.S. stocks remain vulnerable as Trump trade tweets revive global growth jittersMaybe investors got a little too relaxed about the U.S.-China trade war. After the stock market’s worst week of 2019, that’s not the case any more.
Read in MarketWatch: https://apple.news/A_
These 7 wild and worrying facts show it’s not your father’s stock marketGlobal equities markets have become dominated by central bank stimulus and ever-rising debt, says BofA Merrill Lynch.
Read in MarketWatch: https://apple.news/
Stocks - Trade Jitters Send Wall Street to Worst Week of YearStock Markets Aug 02, 2019 19:49 GMT Investing.com – Stocks fell for a fifth-straight day Friday, with the S&P 500 and Nasdaq Composite suffering their worst weekly losses since the depths of the December slump. If there was good news for stocks it was that buying kicked in after President Donald Trump softened his threat to impose 10% tariffs on Chinese exports to the United States in September. If there's proof China is, in fact, buying agricultural and other products, the United States might
Read in Investing.com: https://apple.news/ArEpijS-pQ-
GLOBAL MARKETS-Stocks, yields tumble as trade frictions unnerve traders
(Updates with U.S. market close)
Read in Reuters: https://apple.news/
CRYPTO'S / DIGITAL CURRENCY
Bitcoin Won't Be a Global Reserve Currency. But It's Opening the Box
Bitcoin will not become a global reserve currency, argues Noelle Acheson. But it is adding a powerful tool to the box of potential solutions.
Read in CoinDesk: https://apple.news/A-
Crypto Market Update: Focus on Bitcoin (BTC), Litecoin (LTC), and Chainlink (LINK)
by Siamak Masnavi | 3 Aug 2019 This article provides a quick overview of how the crypto market has been doing—with special focus on Bitcoin, Litecoin, and Chainlink—over the past 24-hour period. Bitcoin (BTC) According to data from CryptoCompare, at 02:50 UTC on Saturday (August 3), the Bitcoin price managed to go over the $10,800 for the first time since July 20. At press time (08:30 UTC on August 3), Bitcoin is trading at $10,821, up 2.96% in the past 24-hour period: Litecoin (LTC) Although
Read in CryptoGlobe: https://apple.news/
Bitcoin (BTC) Price Back on Track Towards $11K, Positive Sign of 4th Monthly Doji Candle
The price of leading cryptocurrency Bitcoin is climbing again after a week of losses. Early yesterday the asset broke through resistance at $10,000 and has since continued upwards to $10,800. Analysts believe if this rally continues it could break through $11,000 today or tomorrow. Trump Tariffs The boost was likely precipitated by Friday's surprise announcement...
Read in Cryptocoin Spy: https://apple.news/
No You Cannot Buy Bitcoin And Cryptocurrencies With Apple Card
One of the world’s largest tech firms has made its stance on bitcoin and crypto quite clear. Users of Apple’s new credit card be faced with a number of restrictions, and one of them is cryptocurrency purchases. Bitcoin Not An Option As expected, Apple continues with its quest to dictate what users can and cannot do with the company’s products and services. The terms and conditions for the new credit card were posted on the Goldman Sachs website this week according to Reuters. The Goldman
Read in Bitcoinist.net: https://apple.news/
Bitcoin.com Exchange To Be Launched At The Beginning Of September
The blockchain and cryptocurrency industry is one of the fastest-growing sectors in the world. Public interest in digital assets continues to grow, and more people are taking up crypto trading. One of the leaders in the industry, Bitcoin.com, has announced that they will be launching a cryptocurrency trading platform on the 2nd of September. The announcement was made this Thursday and traders can expect to receive user-friendly trading service along with high liquidity according to the
Read in InsideBitcoins: https://apple.news/
As Bitcoin Approaches $11,000 — Lawmakers Attempt To Regulate Crypto
In the past, the world of cryptocurrency has been defined by its lack of strict regulations, and its promises of insane profit for relatively low efforts. However, the age of the crypto wild west might soon be coming to a close. At least, that's what U.S. lawmakers would like.
Read in DaftWire: https://apple.news/
CURRENCIES
Forex - U.S. Dollar Falls After Jobs Report Fails to Diminish Fed Cut ExpectationsForex Aug 02, 2019 14:38 GMT Investing.com - The U.S. dollar fell after the jobs report failed to diminish expectations of the Federal Reserve cutting rates next month. The U.S. economy added just 164,000 jobs in July, compared to 193,000 in June, while job creation was as expected and the unemployment rate held steady near 50-year lows. Trade tensions continued to weigh on investors, with demand for more traditional safe-haven assets rising after U.S. President Donald Trump threatened another
Read in Investing.com: https://apple.news/
Pack Your Bags: The Euro Is at Its Lowest Rate in More Than 2 YearsThis week, the euro fell to its lowest level against the dollar in more than 26 months, according to FX Street, following the floundering British pound, which just hit a 30-month low against the dollar. As of Friday, Aug. 2, the exchange rate was hovering around $1.21 for every pound and $1.11 for every euro....
Read in The Points Guy: https://apple.news/
No, Europe (And The Euro) Is Not Getting BetterAs expected, the Fed cut its policy rate by 25bps for the first time in 11 years despite an unemployment rate at all-time low and equities at all-time highs.Our key forward-looking indicators are still showing signs of anxiety.We do not think that the Fed’s cut will matter in the short run as investors will favour the US dollar as uncertainty remains elevated.It looks like the euro is vulnerable in the short run, especially against the US dollar, the Japanese yen, and the Swiss franc.
Read in Seeking Alpha: https://apple.news/
GLOBAL MARKETS-Stocks tumble on China's counter-threat to Trump; yen jumps
(Updates prices, adds comments, changes byline, dateline fromLONDON)
Read in Reuters: https://apple.news/A8YuUJLk-
HEALTH / SCIENCE
Which Professions are Associated with Cancer Risk?
Medically reviewed by Huma Rana, MD About 5-8% of all cancers worldwide are caused by exposures to carcinogens in the workplace, according to the National Institute of Occupational Safety and Health. Although the rate of workplace-related cancers has decreased due to safety regulations, exposure to some dusts, gases, and chemicals can increase cancer risk in...
Read in Dana-Farber Cancer Institute: https://apple.news/A4ucu_
Busy lifestyles sees intake of key vitamins and minerals plummet
Britons' changing diets have seen our intake of key vitamins and minerals fall sharply over the past 20 years, a major study has found. Teenage girls are particularly vulnerable to nutrient shortfalls.
Read in Daily Mail: https://apple.news/AJh_Nfy_
The true cost of medication: One woman's struggle to afford insulin
NBC News’ medical correspondent Dr. John Torres spoke with a young woman who is about to lose her health insurance and has had to make dangerous decisions to afford her life-saving medication.
Read in NBC News: https://apple.news/A_
Philadelphia declares a public health emergency after surge of Hepatitis A
Philadelphia Department of Health has declared a public health emergency in response to 154 confirmed cases of Hepatitis A between January 1 and August 1.
Read in CNN: https://apple.news/
'Potentially Dangerous Conditions May Exist In This Area'
Keisha Brown was 12 the first time she stopped breathing.She'd fallen asleep on a chilly November night in Birmingham, Alabama, to thesound of carloads of coal passing on a rail line through the neighborhood'sotherwise quiet backyards.Brown awoke with a gasp. Her mother rushed in to find her usually calm childpanic-stricken, unable to breathe. They sped to Carraway Hospital, where Brownwas diagnosed with severe asthma. She's lived with this condition for nearlythree decades now -- ...
Read in HuffPost: https://apple.news/
Florida health officials declare public health emergency for hepatitis A
Seventeen counties 'critically impacted' by hepatitis A prompted a surgeon general to declare an emergency.
Read in USA TODAY: https://apple.news/
Cancer patients are being denied drugs, even with doctor prescriptions and good insurance
Cancer patients are being denied drugs prescribed by doctors, even with good insurance. Pharmacy benefit managers, known as PBMs, can trump a doctor’s medical judgment. A Fresno CA woman is fighting for her life.
Read in The Fresno Bee: https://apple.news/
Which Professions are Associated with Cancer Risk?
Medically reviewed by Huma Rana, MD About 5-8% of all cancers worldwide are caused by exposures to carcinogens in the workplace, according to the National Institute of Occupational Safety and Health. Although the rate of workplace-related cancers has decreased due to safety regulations, exposure to some dusts, gases, and chemicals can increase cancer risk in...
Read in Dana-Farber Cancer Institute: https://apple.news/A4ucu_
Busy lifestyles sees intake of key vitamins and minerals plummet
Britons' changing diets have seen our intake of key vitamins and minerals fall sharply over the past 20 years, a major study has found. Teenage girls are particularly vulnerable to nutrient shortfalls.
Read in Daily Mail: https://apple.news/AJh_Nfy_
The true cost of medication: One woman's struggle to afford insulin
NBC News’ medical correspondent Dr. John Torres spoke with a young woman who is about to lose her health insurance and has had to make dangerous decisions to afford her life-saving medication.
Read in NBC News: https://apple.news/A_
Philadelphia declares a public health emergency after surge of Hepatitis A
Philadelphia Department of Health has declared a public health emergency in response to 154 confirmed cases of Hepatitis A between January 1 and August 1.
Read in CNN: https://apple.news/
'Potentially Dangerous Conditions May Exist In This Area'
Keisha Brown was 12 the first time she stopped breathing.She'd fallen asleep on a chilly November night in Birmingham, Alabama, to thesound of carloads of coal passing on a rail line through the neighborhood'sotherwise quiet backyards.Brown awoke with a gasp. Her mother rushed in to find her usually calm childpanic-stricken, unable to breathe. They sped to Carraway Hospital, where Brownwas diagnosed with severe asthma. She's lived with this condition for nearlythree decades now -- ...
Read in HuffPost: https://apple.news/
Florida health officials declare public health emergency for hepatitis A
Seventeen counties 'critically impacted' by hepatitis A prompted a surgeon general to declare an emergency.
Read in USA TODAY: https://apple.news/
Cancer patients are being denied drugs, even with doctor prescriptions and good insurance
Cancer patients are being denied drugs prescribed by doctors, even with good insurance. Pharmacy benefit managers, known as PBMs, can trump a doctor’s medical judgment. A Fresno CA woman is fighting for her life.
Read in The Fresno Bee: https://apple.news/
USA / CANADA
California battles homelessness problem
Donald Trump blamed Democrats for crime and homelessness in some of the nation's largest cities, specifically focusing on California at a campaign rally on Thursday. Melissa Caen from CBS San Francisco joined CBSN to discuss the latest state efforts to combat the escalating crisis.
Read in CBS News: https://apple.news/
American seniors employed at record-high levels
Longer life expectancies, retirement savings challenges and heightened health care costs are some of the reasons seniors are working longer.
Read in Fox Business: https://apple.news/Ak4i-
Blackout in Southern California grounds flights at John Wayne Airport, leaves thousands without power
A blackout in Southern California on Friday reportedly left around 28,000 customers without power and grounded all flights at Orange County's John Wayne Airport through 7 a.m. Saturday.
Read in Fox News: https://apple.news/
Trump says China tariffs helps the US negotiate 'real trade deals'
President Trump abruptly decided to threaten to raise tariffs by 10 per cent on another $300 billion in Chinese exports to the U.S trade talks in Shanghai failed to lead to progress.
Read in Daily Mail: https://apple.news/
Trump defends stance on China trade after new tariffs
U.S. President Donald Trump said on Saturday that things are going well with China, insisting U.S. consumers are not paying for import taxes he has imposed on goods from that country although economists say Americans are footing the bill.
Read in Reuters: https://apple.news/
The Big 4 Economic Indicators: July Nonfarm Employment
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions.There is, however, a general belief that there are four big indicators that the committee weighs heavily in their cycle identification process.This commentary has been updated to include this morning's release of Nonfarm Employment.
Read in Seeking Alpha: https://apple.news/
Low Inflation And High Employment... Tariff Impacts?
In the current market, US tariffs on imported Chinese goods should be inflationary because the tariffs are on many common items used in every day activity.Command economies can behave like China for a period, but they always fail because they violate the basic rules of economics.Markets should rise from current levels as pessimism eases and economic activity continues.
Read in Seeking Alpha: https://apple.news/
EMERGING MARKETS
Colombian foreign minister: Venezuela crisis is a regional issue that will have a global impact
Colombian Foreign Minister Carlos Holmes Trujillo on how the Venezuela crisis is impacting his country.
Read in Fox News: https://apple.news/
President Trump Losing Patience With Venezuela's Maduro
Trump is losing patience with Venezuelan President Nicolas Maduro and appears ready to attempt to take the country's oil exports to zero, much as he has done with Iran. Attempting to crush two OPEC countries at once is unprecedented, but the availability of US shale gives the president flexibility.
Read in Forbes: https://apple.news/
Venezuela inflation hits 10-million percent. Here's the plan to undo the damage
A coup taking down Venezuelan president Nicolas Maduro would be only the first step in any attempt to get the South American economy back on track. Economic shock therapy will be required to reverse the chaos of a state-run system that wasted its oil riches.
Read in CNBC: https://apple.news/
Stronger dollar negative for emerging market currencies, Amundi's Koenig says
Andreas Koenig, Head of Global FX, Amundi gives his near-term outlook for the dollar.
Read in CNBC: https://apple.news/
After weeks of protest, Puerto Rico has a new leader — for now
Pedro Pierluisi is Puerto Rico’s new governor. But he faces legal challenges and protesters who want him gone.
Read in Vox: https://apple.news/
MIDDLE EAST
Saudi Arabia Is Paying Billions for the U.S. Navy Ship the Navy Hates
Sebastien Roblin Security, Any guesses what that could be? On July 29, members of the U.S. Senate voted forty-five to forty to block new sales of laser-guided bombs and aircraft maintenance services to Saudi Arabia—falling short of the two-thirds majority necessary to override a veto by the Trump administration blocking the ban from taking effect. Despite deteriorating public support for Riyadh due to its implication in an exceptional number of civilian deaths in Yemen and the murder of one of
Read in The National Interest: https://apple.news/A_t-
Iran Says U.S. 'Isolating Itself' as China, Russia, Allies Go Their Own Way
August 02, 2019 Trump Says U.S. Shot Down Iranian Drone In The Strait Of Hormuz Iran has warned that the United States risked further alienating itself from other global powers and regional players in the Middle East if it kept trying to impose its views on others via sanctions. Iranian Foreign Minister Mohammad Javad Zarif, who was recently blacklisted by the U.S. for speaking on behalf of his government, highlighted Tehran's ongoing outreach to neighbors at a time when President Donald Trump
Read in Newsweek: https://apple.news/ArJ2wvW6OQ-
Iran to make ‘third step’ in scaling down commitments under 2015 nuclear deal – FM
Tehran is ready for the next phase of reducing its obligations under the 2015 nuclear agreement, as the US ramps up sanctions against the country and its Foreign Minister Mohammad Javad Zarif.
Read in RT News: https://apple.news/
Iran to further reduce commitments to nuclear deal: foreign minister
Iran will take another step to reduce its compliance with a landmark 2015 nuclear deal, Iranian Foreign Minister Mohammad Javad Zarif said on Saturday without elaborating, according to parliamentary news agency ICANA.
Read in Reuters: https://apple.news/
Tensions with Iran show similarities to the Iraq war
NBC News’ Dasha Burns takes an in-depth look at how the current conflict between the U.S. and Iran is mirroring a past conflict between the U.S. and Iraq.
Read in NBC News: https://apple.news/
Dubai retail group GMG says its outlets saw double-digit growth during DSS
The company’s retail outlets include brands such as Nike, Sun & Sand Sports, and Supercare Pharmacy
Read in Gulf Business: https://apple.news/
Don’t call them Syria’s child casualties. This is the slaughter of the innocents
As violence escalates, more children have died in rebel-held areas in the past month than in all of 2018. But does anybody care? Murdered children are no longer news. International media coverage of the war in Afghanistan, where child deaths reached an all-time high last year, is sporadic at best. In Yemen it is estimated that at least 85,000 under-fives have died of starvation since 2015, a figure that numbs the mind. In Syria, especially, it is hard to keep count because children are being
Read in the guardian: https://apple.news/
AFRICA
Zimbabwe's crisis is growing dangerous
Zimbabwe's economic crisis is deepening, with electricity restricted to 6 hours per day, millions of people going up to a week without running water and more than half the population facing food insecurity.
Read in Axios: https://apple.news/AMa-
Questions remain as Zimbabwe marks anniversary of deadly security crackdown
It is just over a year since activists took to the streets of the Zimbabwe capital Harare to protest delays in announcing the results of presidential elections. The army was called in to crush the protests, and six people were shot dead.
Read in RFI - English: https://apple.news/
Conceal the burn: Zimbabwe is withholding official inflation data
Harare, Zimbabwe - The statistics agency in Zimbabwe will not publish annualised inflation numbers until February of next year, to enable the government to collect more data comparing price information on a like-for-like basis, a top official said amid rising unrest over skyrocketing costs and goods shortages. In a televised midterm fiscal policy review on Thursday, Finance Minister Mthuli Ncube said that Zimstat, the nation's statistical body, will release the numbers in 2020 because prices are
Read in Aljazeera: https://apple.news/AtcTsZr_
Donald Trump Gets His Wall at Last—but It's in Zimbabwe
The U.S. is putting up $475,000 to help restore the stone walls at Great Zimbabwe, a fortress that dates back to the 11th century and which gave the country its name.
Read in FORTUNE: https://apple.news/
Goldman Sachs Bets On South Africa's Strong Economic Growth
Goldman Sachs is looking to tap into fast economic growth on the continent by expanding its business in South Africa. Can Africa’s most industrial nation revive the firm which is battling a slump in core trading revenue and seeking to tap into new markets?
Read in Forbes: https://apple.news/
Nigeria: Health Alert - Drinking Zobo, Kunu in Reused Bottles Can Expose Consumers to TB, Hepatitis - Medical Professionals
Zobo (hibiscus) and kunu drinks mean different things to many Nigerians depending on where they belong in the social strata in the society. While the rich may consume the popular drinks for pleasure or because of their natural medical benefits, they serve as alternatives to expensive meals for poor Nigerians - most of whom survive on less than a dollar per day. This report follows an alarm raised by a concerned Nigerian, Vivian Nuhu who narrated her experience to Vanguard about an incident she
Read in AllAfrica: https://apple.news/
ASIA
China's social credit system threatens foreign businesses with blacklists and restrictions
China's push to implement a national social credit system attracts rapt attention around the world, though it is in its earliest stages — not yet influencing the daily lives of most Chinese citizens and largely opaque to outsiders.
Read in Axios: https://apple.news/
As melting ice opens up Arctic routes, can the US set aside China and Russia rivalry for climate’s sake?
The Arctic has, for most of human history, been a largely useless slab of ice. As National Geographic magazine’s Neil Shea noted in May, it was “out of play, too cold, too distant and too dangerous”. And then it started melting. As ice cover has shrunk…
Read in South China Morning Post: https://apple.news/
US-Philippine ties fray further with Manila’s embrace of China’s Huawei
A century ago, the British historian Benedict Anderson observed, the “Americans installed, by stages, a political regime, modelled on their own” in the Philippines, their sole colony in the eastern hemisphere. The upshot was Asia’s first liberal democracy…
Read in South China Morning Post: https://apple.news/A-
Fear of no-deal Brexit leaves Japanese firms considering a UK exit
Ever since the referendum in 2016 that decided Britain should leave the European Union, senior Japanese officials have been uncharacteristically vocal in raising concerns about the country crashing out of the bloc without a deal. A so-called no-deal…
Read in South China Morning Post: https://apple.news/AC_
Hong Kong follows US Fed in cutting interest rate for the first time since 2008 as trade war weighs down on world economy
Hong Kong’s monetary authority cut the city’s base lending rate for the first time in more than a decade, reducing the cost of money in a slowing economy that had been squeezed by a year-long US-China trade war. The city’s de facto central bank reduced…
Read in South China Morning Post: https://apple.news/Ax6B8oaxIT_
Snubbed by North Korea, Pompeo hits other Asian turbulence
BANGKOK (AP) - U.S. Secretary of State Mike Pompeo left Thailand on Saturday with his hopes for resuming nuclear talks with North Korea dashed, while facing an escalating trade war with China and a potentially devastating breakdown in relations between key American allies Japan and South Korea. After three days in Bangkok that the Trump administration had expected could herald an end to the impasse in North Korea negotiations, Pompeo instead departed without progress on that front as Pyongyang
Read in Business Insider: https://apple.news/
China claims progress on creating world’s largest trade bloc, but ‘very difficult’ issues remain
A meeting of trade ministers attempting to create the world’s largest trading bloc without the United States wrapped up in Beijing on Saturday, with China claiming further progress, though there were “very difficult” negotiations ahead. Trade delegates to…
Read in South China Morning Post: https://apple.news/
EUROPE
Investors Rushing Towards Safer Assets As the German Government Bond Yield Curve Goes Negative
According to recent reports, Germany’s financial market is going through an event that was never witnessed before, as its 30-year government bond yield went negative this Friday. As the yield curve entered the negative territory for the first time ever, investors stopped their bonds trading, rushed towards other assets, trying to find safe investments. The […] The post Investors Rushing Towards Safer Assets As the German Government Bond Yield Curve Goes Negative appeared first on LearnBonds.com.
Read in Learn Bonds Financial News: https://apple.news/
With no clear path for Brexit, expect more volatility in Britain’s markets
Britain’s newly minted Prime Minister Boris Johnson has stepped up his “no deal” rhetoric, claiming he will not meet with EU leaders unless they agree to change key aspects of a divorce deal, sending the British pound spiralling downwards. Regarding his…
Read in South China Morning Post: https://apple.news/
Trump, Eu Officials Announce Deal to Sell More American Beef to Europe
"The agreement that we sign today will lower trade barriers in Europe and expand access for American farmers and ranchers."
Read in IJR: https://apple.news/
Forget the past: US-UK relationship must adapt to remain truly 'special'
The U.S. should eagerly and magnanimously broker further economic and military ties with the U.K.
Read in The Hill: https://apple.news/
Brexit: Anger as government set to spend five times more on 'propaganda' than helping councils prepare for no deal
Government ministers have been condemned for spending five times more on no-deal Brexit "propaganda" than on helping local councils prepare for the possibility of the UK leaving the EU without a deal.
Read in The Independent: https://apple.news/AXTJUkWj_
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Monday 8/5/19 did update on the indicative rates Sell Rate 1190
The currency auction is 226,103,304
There are 2 news and announcements.
The Central Bank of Iraq announces the increase of the assets of banks during 2018 by 10% compared to 2017 to exceed 120 trillion dinars equivalent to (100 billion dollars), indicating the increased confidence of depositors in banks, which reflects positively on the development of the performance of banks and its contribution to the development of the Iraqi economy .
The bank explains that its strategic actions have contributed to increasing confidence in the banking sector and improved financial coverage, which has been reflected in the growth rate and steadily increasing bank assets and deposits. Adding that this rise came from mutual trust between citizens and the banking system through the development of attracting cash deposits and commercial operations to banks more.
The Bank has made accounting adjustments for the total assets of commercial banks in accordance with International Accounting Standards (IAS) as of January 2012.
The bank explains that its strategic actions have contributed to increasing confidence in the banking sector and improved financial coverage, which has been reflected in the growth rate and steadily increasing bank assets and deposits. Adding that this rise came from mutual trust between citizens and the banking system through the development of attracting cash deposits and commercial operations to banks more.
The Bank has made accounting adjustments for the total assets of commercial banks in accordance with International Accounting Standards (IAS) as of January 2012.
Central Bank of Iraq
information Office
5 August 2019
information Office
5 August 2019
The rise of bank assets to more than 120 trillion dinars
The Central Bank of Iraq announces the rise of bank assets during 2018 by (.
August 05, 2019
The Central Bank of Iraq announces the rise of bank assets during 2018 by (.
August 05, 2019
Contractors' entitlements for the second half
Contractors' Entitlements for 2019 / Second Half Table (Ministry of Health and Environment).
August 05, 2019
Contractors' Entitlements for 2019 / Second Half Table (Ministry of Health and Environment).
August 05, 2019
Contractors' entitlements for the year 2019 / second half Table (Ministry of Health, Environment and Anbar province) ... Click here to download
Zarfi: Abdul-Mahdi previously demanded punishment of the province and Iraq will collapse because of the Central Bank
05-08-2019 10:02 AM
Baghdad
A member of the House of Representatives on the alliance of victory Adnan al-Zarfi, Sunday, that Prime Minister Adel Abdul-Mahdi when he was oil minister demanded to punish the Kurdistan region, indicating that Iraq will collapse because of the policy of the Central Bank.
"We have informed the Speaker of the existence of a distortion of the tenth paragraph of the budget and called for an investigation to distort the paragraph," said Zarvi in an interview with "News", noting that "the total budget spending has not reached 40 percent so far."
He added that "Abdul-Mahdi when he was oil minister demanded to punish the region because of their oil policy with Baghdad," noting that "the government program is greater than Abdul Mahdi's ability to implement and that this program needs strong ministers, while Abdul-Mahdi came to the cabinet ministers of his friends."
He pointed out that "Iraq will collapse because of the policy of the Central Bank is not clear and central is one of the reasons for the collapse of the financial country," noting that "Abadi managed to manage the expenditure despite the price of oil and returned a budget surplus estimated at 19 trillion."
He explained that there is corruption and deliberate to overthrow the state and we need surgery to save the political process.
Click on link above for latest update.
Value Traded
156,004,967
Shares Traded
353,133,314
ISX ended in Red
Kauaihn Chatter:dd
8-5-2019 Newshound/Intel Guru Mnt Goat "CBI SETS THE CRITERIA FOR THE REJECTION OF BANKNOTES OF THE DOLLAR AND THE EURO" ...so this article may not seem so important. But why are they now establishing such criteria and outlining this to the banks now? Remember this is for collection of the Us dollar and the Euro not the dinar. So if the dinar is reinstated and it is higher than the USD and the Euro won’t citizens want to bring these foreign currencies to the bank and exchange them (to get rid of them)? [post 1 of 2....stay tuned]
8-4-2019 Newshound Guru Kaperoni ...people...won't take the time to read what MCP is. It MCP has nothing to do with multiple currencies. It has to do with selling rates for spot exchange transactions between the member’s currency and any other member’s currency such as dinar/dollar. And it must not deviate by more than 2 percent between buying and selling rates...understand the terms of the IMF.
8-4-2019 Intel Guru Frank26 ...About 2 weeks ago the IMF came out and told the whole world that Iraq is Article VIII and the only way they can be Article VIII is if they lifted the value of their currency because it's one of the mandates of the IMF. We believe that they lifted the 3 zeroes electronically. The theme of "international" is everywhere...ever since the IMF said they are Article VIII...Why don't they tell us?
Ever since that time, IMO, the CBI has been coming out almost daily defining that they are Article VIII & if it isn't the CBI it's somebody else...everybody knows... 8-4-2019 Newshound Guru Kaperoni
8-4-2019 Newshound Guru MilitiaMan So with distribution having begun per what the opinion piece suggests, then, there is no way this is going out to October nor is it waiting on Trump, Iran, China, or anyone else for that matter, except the CBI with Alak still at the helm. imo...As the FML and amended FML for 2019, is in place (imo) with the mechanisms established on time with a fully operational GOI and within there time line, as of today. imo. Add in the IMF lifted all exchange restrictions on Iraq back on the 25th real close. So, let that all sink in and keep us grounded. And, lets not forget that International Visa and Master Cards were being issued. Not for a program rate either!! We await the live mechanisms now... [post 2 of 2]
8-4-2019 Newshound Guru MilitiaMan Article: "Economy of Iraq .. and Abdul Mahdi" Quote: "It seems that Mr. Adel Abdul Mahdi's plan is to pump money into the market and increase the purchasing power of the individual..." The wealth distribution mentioned in this article is off the charts if the case in point is credible. It is suggesting they are to be (or are now) pumping money into the markets to increase purchasing power. Well pumping money into the markets if at a program rate would not be increasing value. In fact that would be the exact opposite, as it would be dilution of the money supply, having a negative effect on value. Thus, where we are at this stage would suggest they are pumping the new small category notes in to the market to add value or at least to the banks, as we have learned from Frank [Guru Frank26] that the new ATM machines will have new software to handle the new small category notes, gold, coins, even other currencies to do just that. That is to add value! [post 1 of 2...stay tuned]
8-4-2019 Newshound/Intel Guru RVAlready ...my bank is not open on weekends. I suspect rates may change on Sunday, but first appointments may not happen until Monday morning.
8-4-2019 Newshound Guru Adam Montana ... now is probably a good time to throw out a couple friendly Public Service Announcements... my friends, be SAFE and SMART when this happens! 1. Don't hand your currencies to anyone outside of a financial institution or maybe a currency exchange! (Regarding currency exchanges, there's almost 0 chance you'll get the "best" rate there.) 2. NOBODY IS CASHING IN EARLY! 3. You WILL pay taxes... or face the consequences. [check with your tax professional at the proper time] 4. The initial rate *may* be the best we will get... or it may be wise to hold out for a subsequent raise. ...be sure to keep a cool head when this goes down.8/5/2019
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1-A (from PM Mahdi's website; posted only on Arabic side, not on English side)
Prime Minister Adel Abdul Mahdi receives the Foreign Ministers of the Arab Republic of Egypt and the Hashemite Kingdom of Jordan
Prime Minister Adel Abdul Mahdi received in Baghdad today the Foreign Minister of the Arab Republic of Egypt Sameh Hassan Shukri and the Jordanian Foreign Minister Ayman Safadi, who conveyed to him the greetings of the Egyptian President and Jordanian King.
The Prime Minister affirmed that the achievement of the tripartite summit meeting in Cairo was important and constitutes a success for the Arab countries and their peoples, and that Iraq is deep in Arab and Islamic relations and our mutual cooperation is reflected positively on the internal stability of our countries. We have no limits to cooperation except for the totalitarian regimes and routines. All obstacles, calling for the start of practical steps of cooperation, especially in the field of housing, which is a good choice in order to begin to deliver tangible results for our peoples, stressing that Iraq is witnessing stability and national unity and achieve rapid steps in all areas and the policy of Anfta H on all neighboring Arab and Islamic countries.
The Prime Minister hailed the wise and courageous positions of the Egyptian President and His Majesty the King of Jordan.
The Egyptian Foreign Minister said that the Iraqi-Jordanian relations have a great weight and we have varied experiences and diverse experiences that can be integrated. We are pleased with the stability and development of Iraq and to see the capital of Baghdad in a new and heartening manner, expressing Egypt's readiness to further cooperate and put the outcome of the summit into effect. The tripartite meeting in Baghdad.
For his part, the Jordanian Foreign Minister affirmed that the fundamentals of advancement are available to the three countries to possess a cultural and historical heritage. The summit meeting was an important initiative and aims at creating a stable and productive investment environment that serves the interests of our Arab nation and stability and development in the region and praises the courage and sacrifices of the Iraqi people. Government and its balanced policy.
The meeting was attended by the Egyptian and Jordanian ambassadors in Baghdad and officials of the foreign ministries of the two brotherly countries. The meeting was attended by Foreign Minister Mohammad Ali al-Hakim, national security advisor Faleh al-Fayadh and a number of officials and advisors.
Media Office of the Prime Minister
August 4, 2019
***************
ARTICLE 1-B (posted only on Arabic side, not on English side)
Prime Minister Adel Abdul Mahdi chairs a meeting of the Committee on the Development of Water Pollution Treatments
Prime Minister Adel Abdul Mahdi held a meeting of the Diwani Order Committee (99) for the year 2018 on the development of treatments for polluting water sources. The meeting discussed the environmental reality and efforts to address the pollution of water and river resources, rationalization of consumption, completed projects, rehabilitation of the dead and its completion in previous months and future plans. Awareness raising.
The Prime Minister stressed the importance of protecting water resources from pollution and the necessity of giving this file the importance it deserves, and working to speed up the completion of projects and rehabilitation and operation of idle treatment plants.
The Prime Minister also called for an urgent study on all stop stations for the purpose of gaining time and launching the required financial allocations. He also urged local governments, universities, research and community centers to take this effort and receive solutions and proposals to address environmental pollution. And praised the efforts of ministries and agencies working in this file and monitor the performance through the periodic bulletin issued by the ministry.
The meeting was attended by Minister of Health and Environment Alaa Abdul-Sahib Alwan, Undersecretaries of the Ministries of Health, Finance, Planning, Housing, Construction, Municipalities, Agriculture, Industry and Minerals, Electricity, Director General of Solid Waste and Environment in Baghdad Municipality, Director General of Awareness and Environmental Media, General of the Water Department of the Ministry of Housing, Diwani Al-Waqfeen, Shiite and Sunni, and representatives of the Supreme Commission for Coordination between the governorates, civil society organizations and the Advisory Council.
Media Office of the Prime Minister
August 4, 2019
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ARTICLE 2 (from Government of Iraq twitter account)
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 8-4-2019 around 11:15 am Eastern
Captain Waleed Musa’s job as a police diver is a demanding one, but, like so many other Iraqi public servants, he does it with an unwavering commitment, compassion and professionalism. Let’s meet him in today’s episode of #DedicatedToService
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ARTICLE 3
Abdul Mahdi: Iraq is witnessing stability and national unity and achieve accelerated steps
2019-08-04 13:25
Prime Minister Adel Abdul Mahdi said on Sunday that Iraq is witnessing stability and national unity and is taking rapid steps in all fields. He affirmed that the achievement of the tripartite summit meeting in Cairo was important and a success for the Arab countries and their peoples.
"The Prime Minister received in Cairo today the Foreign Minister of the Arab Republic of Egypt Sameh Hassan Shukri and the Foreign Minister of the Hashemite Kingdom of Jordan Ayman Safadi," Abdul Mahdi's office said in a statement received by Alsumaria News.
The statement quoted Abdul Mahdi as saying that"the achievement of the tripartite summit meeting in Cairo was important and constitutes a success for the Arab countries and their peoples." He pointed out that "Iraq is deep in Arab and Islamic relations and our mutual cooperation is reflected positively on the internal stability of our countries and we have no limits to cooperation, Inclusiveness and routine, but we have the resolve to overcome all obstacles. "
"Iraq is witnessing stability and national unity and is taking rapid steps in all fields and pursues a policy of openness to all neighboring Arab and Islamic countries," he said.
For his part, the Egyptian Foreign Minister said that "the Iraqi-Egyptian Jordanian relations have a great weight and we have diverse experiences and diverse experiences that can be integrated. We are pleased with the stability and development of Iraq and to see the capital Baghdad in a new and heartening manner." Egypt expressed its readiness to further cooperate and develop the outcomes of the summit. Implementation and agreed upon at the tripartite meeting witnessed by Baghdad. "
For his part, the Jordanian Foreign Minister affirmed that "the fundamentals of advancement are available to the three countries to possess a cultural and historical heritage. The summit meeting was an important initiative and aims at creating a stable and productive investment environment that serves the interests of our countries and the Arab nation."
"Iraq is witnessing stability and national unity and is taking rapid steps in all fields and pursues a policy of openness to all neighboring Arab and Islamic countries," he said.
For his part, the Egyptian Foreign Minister said that "the Iraqi-Egyptian Jordanian relations have a great weight and we have diverse experiences and diverse experiences that can be integrated. We are pleased with the stability and development of Iraq and to see the capital Baghdad in a new and heartening manner." Egypt expressed its readiness to further cooperate and develop the outcomes of the summit. Implementation and agreed upon at the tripartite meeting witnessed by Baghdad. "
For his part, the Jordanian Foreign Minister affirmed that "the fundamentals of advancement are available to the three countries to possess a cultural and historical heritage. The summit meeting was an important initiative and aims at creating a stable and productive investment environment that serves the interests of our countries and the Arab nation."
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ARTICLE 4
2019-08-05 04:22
A deputy of the Alliance revealed, Monday, the loss of Iraq annually 20 billion dollars, equivalent to 20% of the federal budget or equivalent to one fifth of the budget, because of negligence and delay in administrative procedures.
Riyad al-Masoudi said in an interview with Alsumaria News that "the social security law is a guarantor for the registration of all workers in the private sector through the financing of the fund in terms of employer and state are placed in the fund as a guarantee for workers in this sector," noting that "because of lack of staff and not follow the Ministry Labor and Social Affairs of this file has not been registered more than one and 500 thousand workers in the private sector. "
"Because of this delay, the private sector is losing between 500 trillion and two trillion dinars because employers do not register these workers, so these workers, when they lose their lives or leave work after a period of time, do not find amounts for security because they are not registered," Masoudi said. "Stressing that" this situation made private sector workers lose a right of their rights and the rights of their families in the event of disability or death or work for a period equal to their peers in the public sector. "
"The other matter is related to the issue of foreign workers, as each foreign worker should pay a fee in the first year of a million dinars and renew the amount of 250 thousand dinars every year, and a simple equation between the number of foreign workers in Iraq and the communication between 800 thousand - The government's loss of one billion dinars annually due to non-payment of employment as a result of illegal entry. "
He pointed out that "there is a third file cost Iraq four billion dollars, the equivalent of six trillion dinars, the file of communications and non-payment of many networks and satellite channels and optical cable for them."
"The other file that makes Iraq lose the amounts annually is the file of border crossings, which cost Iraq nine billion dollars annually, especially ports in the region and Basra and on the Iranian side."
He stressed that "the amounts lost by Iraq every year is $ 20 billion, equivalent to one fifth of the budget of the country or 20% of the total budget and without any loss of Iraq in any case in the case of work on the application of these materials legally because it does not cost Iraq, but administrative procedures and negligence and procrastination and nepotism was the reason In these continuing annual losses. "
He pointed out that "there is a third file cost Iraq four billion dollars, the equivalent of six trillion dinars, the file of communications and non-payment of many networks and satellite channels and optical cable for them."
"The other file that makes Iraq lose the amounts annually is the file of border crossings, which cost Iraq nine billion dollars annually, especially ports in the region and Basra and on the Iranian side."
He stressed that "the amounts lost by Iraq every year is $ 20 billion, equivalent to one fifth of the budget of the country or 20% of the total budget and without any loss of Iraq in any case in the case of work on the application of these materials legally because it does not cost Iraq, but administrative procedures and negligence and procrastination and nepotism was the reason In these continuing annual losses. "
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ARTICLE 5
The crowd destroys 4 additives for "Daash" and 6 improvised explosive devices northeast of Muqdadiya
The brigades of the 24th and 4th brigades in the popular crowd were destroyed on Monday with four additives containing food and radios north-east of Muqdadiya.
A statement to inform the popular crowd received a copy of it that "the brigades of the 4th and 24th brigades and supported by the Air Force destroyed four additives for the dice containing clothes, dishes and wireless devices and the treatment of six improvised explosive devices in the third will of victory, north-east of Muqdadiya."
The statement added that "our forces and the support of the Air Force continue to advance in accordance with plans to clear the areas north of the Jalawla and Muqdadiya in Diyala."
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