WOTS Saturday 8/17/19
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1166.5000 | 1166.5000 | 1166.5000 | | 06:04 |
| USD/VND | | | 23207.0000 | 23080.8300 | 23080.8300 | | 15:00 |
| USD/CNY | | | 7.0448 | 7.0330 | 7.0330 | | 11:00 |
| USD/KWD | | | 0.3035 | 0.3033 | 0.3033 | | 09:14 |
| GBP/USD | | | 1.2175 | 1.2075 | 1.2079 | | 15:59 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 00:00 |
| USD/IDR | | | 14270.0000 | 14115.0000 | 14224.0000 | | 15:59 |
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DC NY Iraq Articles:dd
A parliamentary call for an emergency session in parliament and to host Abdul Mahdi
Political 12:25 - 17/08/2019
Baghdad - Mawazine News
BAGHDAD (Reuters) - The head of the alliance in Diyala on Saturday called for hosting the prime minister during an emergency session of parliament.
He said in a statement received / Mawazine News / copy, that "after approaching a year after the formation of the government of Adel Abdul Mahdi, but we as representatives of the Iraqi people did not notice any development of various important files in the country," noting that "the citizen has not yet touched Any progress mentioned in the file of services, health, education, culture, sports and other files. "
He added, "One of the most important files that are witnessing a clear deterioration is the service file, which is one of the files that touch the life of the citizen and caused his suffering over decades of time," pointing out that "there is deliberate by the defenders of this file to continue to harm the Iraqi people And not to provide him with the simplest services. "
He pointed out that "the possibilities enjoyed by the country and financial returns to the state treasury are able to implement giant strategic projects and advanced technical specifications," adding that "the mafias of corruption and widespread phenomenon of patronage are one of the most important reasons that led to a serious decline in this file Sensitive. "
The MP wondered: "Do not deserve the people of the Iraqi people Saber sacrificed to enjoy the services after suffering the two things over the past periods," calling on the Presidency of the House of Representatives to "carry out its national duty and call for an emergency session to host the Prime Minister to expose the negligent to public opinion and hold them accountable." Ends 29/43
He added, "One of the most important files that are witnessing a clear deterioration is the service file, which is one of the files that touch the life of the citizen and caused his suffering over decades of time," pointing out that "there is deliberate by the defenders of this file to continue to harm the Iraqi people And not to provide him with the simplest services. "
He pointed out that "the possibilities enjoyed by the country and financial returns to the state treasury are able to implement giant strategic projects and advanced technical specifications," adding that "the mafias of corruption and widespread phenomenon of patronage are one of the most important reasons that led to a serious decline in this file Sensitive. "
The MP wondered: "Do not deserve the people of the Iraqi people Saber sacrificed to enjoy the services after suffering the two things over the past periods," calling on the Presidency of the House of Representatives to "carry out its national duty and call for an emergency session to host the Prime Minister to expose the negligent to public opinion and hold them accountable." Ends 29/43
Diwaniya Council reveals the nature and priorities of the new governor program
17/08/2019 01:05 AM
Al-Ahd News- Continue
Diwaniya Provincial Council, on Friday, revealed the program of the new governor Zuhair Shaalan, and priorities.
A member of the provincial council Jaafar al-Moussawi in an interview seen by "Al-Ahd News" that "the provincial council has set priorities for action for the new governor Zuhair Shaalan," noting that "will be implemented in coordination between the Council and the executive."
Al-Moussawi explained that "the most important of these priorities is to open the files of corruption and control the work of the governorate departments as well as the issue of land distributed within the green areas, and that the most important topics that the local government should work on the issue of resolving the housing crisis through the distribution of plots of land to the segments covered that Be serviced. "
He pointed out that "the local government is determined to end the file distribution of plots of land to the wounded and the families of the martyrs and give them full benefits." is over/ 6
Ministry of Defense: Grateful to the Iraqi people for their support and support
Iraq News 2 hours ago 17/08/2019
Baghdad - “Liberation squares”
The Ministry of Defense issued a statement today:
The Ministry of Defense expresses its profound gratitude and gratitude to the Iraqi people for their support and dignity.
The eminence of the clergy, official and semi-official bodies, civil society organizations, various media and different categories of Iraqi people of all nationalities, religions and affiliations has proven that the Iraqi army is the final word in the way of freedom and the wall of the precious homeland and its immune dam against those who are trying to hunt in murky water or offend its reputation and high status. .
The Ministry of Defense and on behalf of our heroic Iraqi army that it will remain at the disposal of our great people, which proved and prove to the whole world that the people of epics and heroics and glories in the book of history.
The eminence of the clergy, official and semi-official bodies, civil society organizations, various media and different categories of Iraqi people of all nationalities, religions and affiliations has proven that the Iraqi army is the final word in the way of freedom and the wall of the precious homeland and its immune dam against those who are trying to hunt in murky water or offend its reputation and high status. .
The Ministry of Defense and on behalf of our heroic Iraqi army that it will remain at the disposal of our great people, which proved and prove to the whole world that the people of epics and heroics and glories in the book of history.
Anyone who tries to harm the reputation of this heroic army, which has drawn the finest epics in the fight against terrorism with his brothers from the security forces, the Popular Mobilization and the Peshmerga forces, will find the hand of the people is the hand struck by law to stop any violations against his march to the whole world and embroidered with the blood of the martyrs and wounded of his righteous sons.
The Ministry of Defense declares that it is proceeding with its legal procedures against those who gave the name of the army without its status and entitlement.
The Ministry of Defense pledges to our dear Iraqi people our pride that our heroic army was and will remain the army of Iraq and bear the flag whisper that will never humiliate, and will remain high high and the height of our great people and our valiant army.
-Live the army protector of the homeland and Al-Manea
International Coalition confirms its commitment to Abdul-Mahdi's decision on aviation in Iraqi airspace
17-08-2019 12:49 AM
Orbit Agency -
Baghdad
The US-led international coalition has committed itself to ordering Iraqi Prime Minister Adel Abdul Mahdi to cancel all flight approvals in Iraqi airspace.
A statement by the coalition on its official website, said that 'senior leaders in the headquarters of the joint operations of Operation (determined steel) met with officials in the Iraqi Ministry of Defense to discuss the recent directives of Prime Minister Abdul Mahdi on the use of airspace'.
The statement added that the coalition "as a guest within the sovereign borders of Iraq, abides by all Iraqi laws and directives of the Iraqi government, and committed the coalition led by the United States immediately all the guidance by our Iraqi partners in the implementation of the order of the Prime Minister."
Legal expert Amir al-Daami to (Tigris): Abdul Mahdi did not provide anything concrete for the Iraqi people
17-08-2019 12:09 AM
Iraqi Prime Minister Adel Abdul Mahdi has done nothing tangible to the Iraqi people, legal expert Amir al-Daami said on Saturday.
Speaking to the Tigris, al-Daami said Muqtada al-Sadr's letter is a warning to the government to dismiss if it continues its current approach.
Al-Daami said that Abdul-Mahdi alone will be responsible for the failure of the government, pointing out that the corrupt is greater than his will.
Kauaihn Iraq Articles:dd
US-led Coalition Complies with Iraq's New Airspace Order
ERBIL — The US-led Coalition against the Islamic State (IS) said on Friday it immediately complies with the new airspace directive issued by Iraqi Prime Minister Adil Abdul-Mahdi.
The decision was made after senior leaders from Combined Joint Task Force-Operation Inherent Resolve met with the Iraqi Ministry of Defence officials to discuss the order.
“As guests within Iraq’s sovereign borders, CJTF-OIR complies with all Iraqi laws and direction from the Government of Iraq. The U.S.-led coalition immediately complied with all directions received from our Iraqi partners as they implemented the Prime Minister’s order,” reads a statement by the Coalition.
It reiterated that the Coalition operates inside Iraq at the request and under the protection of the Iraqi government.
“Support to the people of Iraq includes, but is not limited to, training over 220,000 Iraqi Security Force members, providing billions of dollars in equipment and supporting nearly 15,000 coordinated strikes with the Government of Iraq. We are committed to continuing our mission to support and enable our ISF partner forces in their mission of an enduring defeat of Daesh,” the statement added, using an Arabic acronym for IS.
PM Abdul Mahdi on Thursday issued a ban on all unauthorized flights throughout the country, including reconnaissance, fighter jets, helicopters and drones of all kinds.The ban came after several explosions in military bases and weapons caches across the country caused concerns about unknown and suspicious airstrikes in Iraq.
After Sadr's message .. Walkers vows Abdul Mahdi constitutional steps to correct the wrong paths
17/08/2019 67
Kalkamsh Press / Baghdad
The alliance of Siron said on Saturday that it would not hesitate to take all constitutional steps with the national forces to correct the wrong paths if the prime minister does not show good faith in dealing with the lagging files.
The spokesman of the bloc, Hamdallah al-Rikabi, said in a statement received by Gilgamesh Press: “We were briefed on Mr. Muqtada al-Sadr's tweet of important advice to the prime minister, which was rightly representing the pulse and aspirations of the Iraqi street. A way for the Prime Minister to cross this important stage in the history of Iraq and hope him to deal positively with them and take advantage of what is contained in view of the sensitivity of the situation and worsening crises.
He pointed out that "the alliance is waiting for the Prime Minister to show good faith in dealing with the lagging files and take practical steps in its completion, especially the files of anti-corruption and services," but added: "We will not hesitate to take all the constitutional steps with the rest of the national forces to correct the tracks Wrong that affect the overall performance of the government and put the wheel of government on track to serve Iraq and its people. "
The leader of the Sadr movement, Muqtada al-Sadr, on Friday sent a letter described as "fraternal" to Prime Minister Adel Abdul Mahdi, calling on him to maintain the prestige of the state and punish "those with foreign affiliations," while criticized the lack of progress in the file of anti-corruption.
Adel Abdul Mahdi Moqtada al - Sadr
Adel Abdul Mahdi Moqtada al - Sadr
A deputy speaks of attempts by politically motivated politicians to ignite sedition in Babylon
Political 10:12 - 17/08/2019
Baghdad - Mawazine News
Babel MP Mansour al-Baiji on Saturday talked about attempts by politicians paid to ignite strife in the province through sectarian statements.
Al-Baiji said in a statement received by Mawazine News that "the people of Babylon are coherent among themselves and all their sects and will not be influenced by some statements and interventions by parties trying to spread their poison to our people in the province through sectarian statements that take us back to square one."
He added, "The province of Babylon with its people are the source of civilization and thought will not fool them so attempts to confuse the general situation and hit the internal peace of the people of Babylon until they achieve their suspicious ends in our safe province."
"The province of Babylon is safe and is witnessing very high security stability thanks to its people who are all united among them and everyone is witnessing this, especially since the province of Babylon is the gate of the southern and northern provinces and is witnessing a turnout from all provinces and is not affected by such yellow statements aimed at striking community peace in the province," he said. .
He continued: "Unfortunately, there are attempts by some paid politicians who tried to target the security of the province through the exploitation of unidentified bodies has become an attempt to fail after it proved to all that these bodies have long been present in forensic medicine and from different places dating back to 2016 ".
"We will not allow anyone who tries to target the security of our provinces and that the people of Babylon are coherent and interrelated among them. This will not be affected by sectarian attempts by some politicians who trade the blood of the people. The people of Babylon have proved that they are in a row to confront all those who try to offend them by rejecting them." Thus, the sectarian attempts affected by the Iraqi people alone. "
Babel MP Mansour al-Baiji on Saturday talked about attempts by politicians paid to ignite strife in the province through sectarian statements.
Al-Baiji said in a statement received by Mawazine News that "the people of Babylon are coherent among themselves and all their sects and will not be influenced by some statements and interventions by parties trying to spread their poison to our people in the province through sectarian statements that take us back to square one."
He added, "The province of Babylon with its people are the source of civilization and thought will not fool them so attempts to confuse the general situation and hit the internal peace of the people of Babylon until they achieve their suspicious ends in our safe province."
"The province of Babylon is safe and is witnessing very high security stability thanks to its people who are all united among them and everyone is witnessing this, especially since the province of Babylon is the gate of the southern and northern provinces and is witnessing a turnout from all provinces and is not affected by such yellow statements aimed at striking community peace in the province," he said. .
He continued: "Unfortunately, there are attempts by some paid politicians who tried to target the security of the province through the exploitation of unidentified bodies has become an attempt to fail after it proved to all that these bodies have long been present in forensic medicine and from different places dating back to 2016 ".
"We will not allow anyone who tries to target the security of our provinces and that the people of Babylon are coherent and interrelated among them. This will not be affected by sectarian attempts by some politicians who trade the blood of the people. The people of Babylon have proved that they are in a row to confront all those who try to offend them by rejecting them." Thus, the sectarian attempts affected by the Iraqi people alone. "
Mass marching on Sadr's tweet: We will not hesitate to take constitutional steps to correct the wrong paths
Political 11:35 - 17/08/2019
Baghdad - Mawazine News
The bloc in the House of Representatives on Saturday, it will not hesitate to take constitutional steps to correct the wrong paths that affect the overall performance of the government.
The spokesman of the bloc, Hamdallah al-Rikabi in a statement received (Mawazine News) a copy: "We were briefed in the tweet Moqtada al-Sadr of important tips to the Prime Minister, which was rightly representing the pulse of the Iraqi street and aspirations."
He added, "We believe that these tips can be a roadmap for the Prime Minister to cross this important stage in the history of Iraq, and we hope him to deal positively with them and take advantage of what is contained in view of the sensitivity of the situation and worsening crises."
Al-Rikabi continued: "Therefore, the alliance is waiting for the Prime Minister to show good faith in dealing with the lagging files and take practical steps in achieving them, especially the files of anti-corruption and services," adding: "Otherwise, we will not hesitate to take all the constitutional steps with the rest of the national forces to correct Wrong paths that affect the overall performance of the government and put the wheel of the government on track to serve Iraq and its people. "
Sadr said in a tweet in his personal account on the social networking site "Twitter", that there are important things I send to the Prime Minister as a brotherly advice to benefit in his work, which is popular demands called by the reference and the people together, and I have advisors, otherwise the continuation of this trend is not acceptable Sharia, reason, and even unpopular:
The first point: full commitment (independence and inclination to one party without another .. Otherwise, deviation from independence will be a new construction of the deep state).
The second point: the services file is still lagging and almost non-existent .. We hope from the Prime Minister brother to strive actively and tangible to activate the services have been damaged many people and no longer patience for that is easy.
The third point: We did not see any progress in the file of anti-corruption at all, but the blame .. This silence is almost a authorization of corruption .. If ratified it will hurt us scourge .. And not while inevitable.
Point IV: Maintain the prestige of the state and its security institutions and the independence of the Iraqi decision and do not hesitate to punish those who work to weaken the security services and punish those with foreign affiliations to be a full sovereign Iraq.
The bloc in the House of Representatives on Saturday, it will not hesitate to take constitutional steps to correct the wrong paths that affect the overall performance of the government.
The spokesman of the bloc, Hamdallah al-Rikabi in a statement received (Mawazine News) a copy: "We were briefed in the tweet Moqtada al-Sadr of important tips to the Prime Minister, which was rightly representing the pulse of the Iraqi street and aspirations."
He added, "We believe that these tips can be a roadmap for the Prime Minister to cross this important stage in the history of Iraq, and we hope him to deal positively with them and take advantage of what is contained in view of the sensitivity of the situation and worsening crises."
Al-Rikabi continued: "Therefore, the alliance is waiting for the Prime Minister to show good faith in dealing with the lagging files and take practical steps in achieving them, especially the files of anti-corruption and services," adding: "Otherwise, we will not hesitate to take all the constitutional steps with the rest of the national forces to correct Wrong paths that affect the overall performance of the government and put the wheel of the government on track to serve Iraq and its people. "
Sadr said in a tweet in his personal account on the social networking site "Twitter", that there are important things I send to the Prime Minister as a brotherly advice to benefit in his work, which is popular demands called by the reference and the people together, and I have advisors, otherwise the continuation of this trend is not acceptable Sharia, reason, and even unpopular:
The first point: full commitment (independence and inclination to one party without another .. Otherwise, deviation from independence will be a new construction of the deep state).
The second point: the services file is still lagging and almost non-existent .. We hope from the Prime Minister brother to strive actively and tangible to activate the services have been damaged many people and no longer patience for that is easy.
The third point: We did not see any progress in the file of anti-corruption at all, but the blame .. This silence is almost a authorization of corruption .. If ratified it will hurt us scourge .. And not while inevitable.
Point IV: Maintain the prestige of the state and its security institutions and the independence of the Iraqi decision and do not hesitate to punish those who work to weaken the security services and punish those with foreign affiliations to be a full sovereign Iraq.
Tomorrow on Saturday .. The first reverse trips of Iraqi pilgrims to the country
Local 11:24 - 16/08/2019
Baghdad - Mawazine News
The management of the General Company for Iraqi Airways, one of the formation of the Ministry of Transport, on Friday, the completion of all the procedures required to start the Iraqi pilgrims backwards from the airports of Saudi Arabia to Iraqi airports and by (6) direct flights daily.
In a statement received by Mawazine News, the company said: "We announce the completion of all the required procedures to start the Iraqi pilgrims backwards from Saudi airports to Iraqi airports by (6) direct flights a day." Iraqi pilgrims to the country, will be on Saturday, 17/8/2019.
The statement added, "The pilgrimage season this year was exceptional in terms of punctuality and comfort of pilgrims thanks to the efforts and direct follow-up by the Minister of Transport Abdullah Laibi in cooperation with the support agencies concerned with the plan of the Iraqi pilgrims and the advance readiness for all services and logistics allocated to the guests of Rahman in all airport lounges Working in Iraq, as well as mobilization of all technical and engineering staff and employees of the company with the aim of making the Hajj season a success for this year 1440 Hijri.
In a statement received by Mawazine News, the company said: "We announce the completion of all the required procedures to start the Iraqi pilgrims backwards from Saudi airports to Iraqi airports by (6) direct flights a day." Iraqi pilgrims to the country, will be on Saturday, 17/8/2019.
The statement added, "The pilgrimage season this year was exceptional in terms of punctuality and comfort of pilgrims thanks to the efforts and direct follow-up by the Minister of Transport Abdullah Laibi in cooperation with the support agencies concerned with the plan of the Iraqi pilgrims and the advance readiness for all services and logistics allocated to the guests of Rahman in all airport lounges Working in Iraq, as well as mobilization of all technical and engineering staff and employees of the company with the aim of making the Hajj season a success for this year 1440 Hijri.
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Here's How the Weak Pound Is Screwing Your Europe Minibreak
Thanks for ruining my lovely holiday weekend in Berlin, Brexit!
Read in VICE UK: https://apple.news/APqcFNH_-
Sterling crisis? What crisis? - CapX
The slide in the pound to multi-year lows against both the dollar and euro has prompted talk of ‘meltdown’ and ‘free fall’. Some commentators are already calling this a ‘sterling crisis’, and speculating about what Tory politicians would be saying if it were happening under a Labour government. Even the normally sensible Conservative MP, Sam Gyimah, has described the ‘plummeting pound’ as ‘catastrophic’. Frankly, this is a load of baloney. For a start, let’s try to keep a sense of perspective.
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WEEKAHEAD-AFRICA-FX-Kenya, Tanzania shillings, Zambia kwacha to hold steady
Kenya's and Tanzania'sshillings are expected to hold steady against the dollar in thenext week to Thursday, as will Zambia's kwacha, traders said. KENYA The Kenyan shilling is expected to be stable, supported by inflows from offshore investors buying governmentdebt and tightening liquidity in the local money market, traderssaid. Commercial banks quoted the shilling at 103.15/35, comparedwith 103.00/20 at last Thursday's close. "Beginning of a new credit reserve ratio cycle and upcomingbonds
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Turkey's lira firms, outperforming some emerging markets
Turkey's lira firmed onThursday, outperforming some other emerging market currencies,while the main stock index declined more than 2% after athree-day market holiday.
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FX Weekly: A Weak Yuan Is A Problem
Global yields continue to fall as risk-off sentiment prevails, with the 10Y US currently trading slightly above 1.6%, just 25bps higher than its historical low reached in early July 2016.With the Fed starting its easing cycle, preference for the USD due to its high interest rate differential against most of the major currencies is certainly going to ease.Fundamentals in the Euro area continue to disappoint as uncertainty and the slowdown in global trade keep weighing on European nations.
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Jobless claims hit 6-week high of 220,000
The number of people who applied for jobless benefits in early August climbed to a six-week high of 220,000, though the level of U.S. layoffs remains near a post 2008 recession low. Most of the increase appeared to occur in California.
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Ex Treasury Secretary Warns of Economic Recession
August 15, 2019 Trump Says US Has 'Hottest' Economy And Every World Leader Congratulates Him For That Former Treasury Secretary Lawrence Summers warned on Thursday about the growing possibility of national and global recession, arguing that "it's hard for people to have confidence" as federal interest rates are already low and President Donald Trump has launched trade disputes with allies and adversaries alike. During an interview with CNN, Summers pointed to long-term yields being less than
Read in Newsweek: https://apple.news/
China promises “countermeasures” in trade war, unmoved by U.S. tariff delay
China announced Thursday that it would be forced to take “necessary countermeasures” if President Trump moves forward with tariffs set to take effect Sept. 1, continuing the back-and-forth escalation of the trade war even as the conflict elevates fears of a global economic slowdown.
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Venezuela's U.S. Oil Loss Is Canada's Gain
U.S. oil imports from embattled Venezuela have continued to drop. Heavy oil-based Canada has picked up the slack, with annual exports to its southern neighbor rising by 180,000 b/d over the past decade.
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Brazil's Petrobras expects high growth in natural gas business: executive
Brazil's natural gas sector will rapidly expand in the coming years, especially between 2023 and 2025, as new players will enter this market, Petrobras downstream head Anelise Lara said on Wednesday.
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What next for Argentina? Historic market crash ramps up fears of another default
Analysts at Bank of America Merrill Lynch now believe there is a 50% chance Argentina will default on its sovereign debt next year.
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Mexico pushes US to designate El Paso shooting an act of terrorism
It will ask for extradition of suspected shooter Patrick Crusius to stand trial for alleged killing of its citizens.
Read in Malaysiakini: https://apple.news/
Mexican president predicts the United States will ratify trade deal in September
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Wednesday that he expected the United States to ratify a new trade pact to replace the North American Free Trade Agreement (NAFTA) next month. “I bet that in September, the agreement will be approved, and it will help us very much,” Lopez Obrador...
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Explainer: U.S. sanctions and Venezuela's trade and oil industry partners
The United States last week imposed a sweeping freeze on Venezuelan government assets in U.S. territory and threatened to sanction any company that works with socialist President Nicolas Maduro's government, as the Trump administration ratcheted up its bid to force Maduro out.
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Emerging-market shares give up 2019 gain in global equity rout
Emerging markets weren't spared in the global stock-market rout Wednesday, with the iShares MSCI Emerging Markets ETF falling 2.8%. The decline erased the popular exchange-traded fund's gain for the year, leaving it down 0.8% for 2019. U.S. stocks saw losses deepen in afternoon trade. The selloff was attributed to an inversion of the main measure of the U.S. yield curve, which is viewed as a recession signal, albeit typically with a significant lag, as well as weak economic data out of China and
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U.S. tries to seize Iranian oil tanker held in Gibraltar
The U.S. has made an application in Gibraltar’s Supreme Court to seize an Iranian tanker that the British overseas territory impounded in July, stoking a brewing crisis between the U.K. and Iran.
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US move halts release of Iranian tanker held in Gibraltar
The U.S. moved to seize an Iranian supertanker that had been detained.
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Iran Says Will Pump Oil from East of Hormuz Strait by 2021
Iranian officials say oil exports from the east of the Strait of Hormuz, where over 30 percent of the global seaborne oil traffic is handled, will be possible by early 2021 thanks to a major pipeline project which aims to pump crude to the eastern end of the waterway.
Read in IFP News: https://apple.news/AyASxUeO-
Zimbabwe: Mopa - MDC Lawmakers Reject 'Apartheid Duplicate' Law
(Photo: New Zimbabwe) MDC Senators say the proposed Maintenance of Peace and Order Bill (MOPA) was a direct duplication of the once dreaded South African Apartheid era law, the Regulation of Public Gathering Act (No. 205 of 1993). The Zimbabwean draft law has been approved by the Zanu PF dominated National Assembly but still to be passed by the upper house. Debating the proposed law on Wednesday, opposition Senators warned that Zanu PF members pushing for the controversial piece of legislation
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Zimbabwe: MDC Demo to Cause More Suffering Among Zimbabweans - Mutsvangwa
Government has warned participating in the MDC's planned Friday demonstration against President Emmerson Mnangagwa's administration will serve to lengthen Zimbabweans' suffering. At a post-cabinet media briefing Wednesday, Information Minister Monica Mutsvangwa urged locals to shun the protest, dubbed "Free Zimbabwe March". "In the light of planned demonstrations by the opposition MDC Alliance, Cabinet implores all Zimbabweans to completely reject the culture of violence and intimidation which
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Zimbabwe: Government Revives Jatropha Project As Fuel Crisis Persists
Government, desperate to end a recurrent fuel crisis, has revived its Jatropha fuel project abandoned during ex-President Robert Mugabe's era. Information Minister Monica Mutsvangwa revealed this during a Post Cabinet media briefing Wednesday, where she emphasised on the need for alternative sources of fuel to ease the challenge. "The proposed National Biofuels Policy will guide the biofuels sector during the period 2018 to 2030 in promoting the implementation of viable biofuels projects in the
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Zimbabwe: MDC Alliance Protests Will Be Violent, Police
(Photo: 263Chat) Police have said evidenced gathered shows that the planned MDC Alliance demonstration set for tomorrow is not going to be peaceful contrary to the claims peddled by the opposition party. In a statement, the police said intelligence and concrete evidence on the ground has revealed that the so called peaceful demonstrations will be violent. "The Zimbabwe Republic Police (ZRP) informs the nation that based on the notifications given by MDC A to regulating authorities to hold
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Zimbabwe: Zim Doctors Give Govt Three-Week Ultimatum to Address Wage Demands
Zimbabwean doctors have given their employer a three-week grace period to address their salary grievances short of which they will withdraw their labour. This they said through a press statement Wednesday by their umbrella Zimbabwe Hospital Doctors Association (ZHDA). In its demands addressed to the chairperson of the Health Services Board (HSB) and copied to the Health Minister Obadiah Moyo, the crucial medical staff wants its employer to match doctors' wages with the prevailing US dollar
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Zimbabwe's opposition vows protests over economic crisis
Zimbabwe's main opposition Wednesday said it will roll out protests starting this week to try to force President Emmerson Mnangagwa to set up a transitional authority, even as the government warned against such action
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Kenya: Exposed - Nairobi County Hospitals Which Stock Expired Drugs
Nairobi County government Health department has come under fire for letting county hospitals to stock expired drugs and non-pharmaceuticals. This revelation is contained in a report by comes after Nairobi County Assembly Public Accounts Committee (PAC). According to the report, Mbagathi County Hospital - one of the four major county hospitals - was holding expired drugs and pharmaceutical items amounting to over Sh1.4 million. This is as even the hospital's management could not explain reasons
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ASIA
China says it hopes can reach a solution with U.S. on trade
Stock-index futures appeared to get a lift Thursday after a spokesperson for China's foreign ministry said Beijing still hoped it could work out a solution to the trade conflict with the U.S. Referring to the meeting between President Donald Trump and Chinese leader Xi Jinping in June, the spokesperson said: "We hope the U.S. can work in concert with China to implement the two presidents' consensus that was reached in Osaka, and to work out a mutually acceptable solution through equal-footed
Read in MarketWatch: https://apple.news/Ao7aeY-
China's threat to retaliate against US tariffs rattles global markets
China's threat to retaliate against US tariffs set to kick in on 1 September added to fears of a recession and roiled global stock markets.
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GLOBAL MARKETS-China's trade threats deal fresh blow to world stocks
* 10-year U.S. yields below two-year for first time in 12years
Read in Reuters: https://apple.news/AS-
China doesn't need US soybeans, thanks to Richard Nixon
President Donald Trump is upset with China for buying Brazilian soybeans instead of American ones amid the ongoing trade war, but the South American industry got its start thanks to an earlier round of protectionist policies under President Richard Nixon.
Read in CNN Politics: https://apple.news/
In “clear warning,” Chinese paramilitary forces exercise near Hong Kong
Hundreds of China's People's Armed Police conducted exercises at a sports stadium in Shenzhen on Thursday, as the U.S. State Department expressed concern that they could be deployed across the border in Hong Kong to break up protests wracking the city.
Read in Reuters: https://apple.news/Ak6vzir-
Asia fears ‘second cold war’ as Donald Trump pushes Iran into Chinese arms
Worsening US-Iran tensions are raising fears among Asian countries of Tehran’s pivot to China and Russia, potentially sparking a second cold war, experts at a conference in Singapore said on Tuesday. Hitoshi Tanaka, Japan’s former deputy minister for…
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Asian Markets Mixed; China Calls Upcoming U.S. Tariffs a Violation of Accords
Stock Markets Aug 16, 2019 02:57 GMT Investing.com - Asian markets were mixed in morning trade on Friday as Beijing said the looming U.S. tariffs on Chinese goods are violations of accords reached earlier this year. China’s Shanghai Composite and the Shenzhen Component rose 0.6% and 0.9% by 11:23 AM ET (03:23 GMT). Hong Kong’s Hang Seng Index gained 0.7%. China “has no choice but to take necessary measures to retaliate,” China’s State Council Tariff Committee said in a short statement on
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Norwegian delegation in Venezuela to restart dialogue: sources, Guaido
A delegation from the Norwegian government has come to Venezuela to restart talks between the government of President Nicolas Maduro and the opposition that were halted last week after Maduro's allies pulled out, according to four sources and opposition leader Juan Guaido.
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Merkel: European mission in Strait of Hormuz likely to be discussed in Finland
German Chancellor Angela Merkel said on Wednesday she believed the idea of a European naval mission in the Strait of Hormuz would be discussed again at informal meetings of European foreign and defense ministers in Finland later this month.
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Germany: The End Of A Golden Decade
End of golden decade.What's next? Worsening, external relief or fiscal stimulus?The next months will show whether it is a beginning for the better or the worse.
Read in Seeking Alpha: https://apple.news/
Europe stocks turn lower after China threatens reaction to U.S. tariffs
A fledgling recovery in European stocks was stamped out on Thursday after China threatened countermeasures to U.S. tariffs.
Read in MarketWatch: https://apple.news/
Brexit: Labour to attempt to bring down Boris Johnson's government within 'days' of parliament resuming
Labour will attempt to bring down Boris Johnson's government within "days" of MPs returning to parliament after the summer recess, in an effort to stop a no-deal Brexit.
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Brexit: Farmers call for fresh referendum as they warn half of farms will go bust after no-deal exit
More than half of farms will go bust if Boris Johnson forces through a no-deal Brexit, farmers are warning, as some join the campaign for a fresh referendum.
Read in The Independent: https://apple.news/
GLOBAL/NEWS/INFO
Today in History
Today in History
Read in ABC News: https://apple.news/AWlU_
10 Things to Know for Today
Among 10 Things to Know: Claims: Migrant kids split at border harmed in foster care; Trump ties US success to 2nd term: 'You have to vote for me'; Chinese police exercises across from Hong Kong seen as threat
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The US isn’t the only major economy facing a possible recession
Japan, Germany, the UK, and Brazil are seeing signs of trouble too.
Read in Vox: https://apple.news/
OIL/COMMODITIES/ENERGY
Great to be a gold miner now: Evolution Mining
Jake Klein, executive chairman of Evolution Mining discusses the investment in gold and future opportunities.
Read in CNBC: https://apple.news/
Gold Prices Slip in Choppy Trade as Trade Tensions Whipsaw Markets
Commodities Aug 15, 2019 12:24 GMT Investing.com - Gold edged lower in volatile trade on Thursday as trade tensions eased slightly, but remained within striking distance of Tuesday’s six-year peak on still-elevated levels of safe-haven demand. Spot gold dipped 0.1% to $1,514.16 per ounce by 08:12 AM ET (12:13 GMT), while U.S. gold futures were off 0.1% at $1,524.7. Financial markets whipsawed on Thursday, turning lower after China pledged to take countermeasures against the next round of tariffs
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Gold Prices Little Changed; Stock Markets Recover but Trade Worries Remain
Commodities Aug 16, 2019 05:23 GMT Investing.com - Gold prices were little changed on Friday in Asia as stock markets recovered, although trade concerns remained. Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, were near flat at $1,531.55 by 1:21 AM ET (05:21 GMT). Stock markets recovered today, but Sino-U.S. trade concerns remained after China’s threat to take countermeasures against new U.S. tariffs. Ongoing Hong Kong protests are also
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Oil Prices Rise as Recession Fears Ease Amid Positive U.S. Data
Commodities Aug 16, 2019 04:03 GMT Investing.com - Oil prices gained on Friday in Asia as recession fears eased somewhat following the release of better-than-expected U.S. retail sales figures. U.S. Crude Oil WTI Futures gained 1.2% to $55.12 by 11:42 PM ET (03:42 GMT), while International Brent Oil Futures traded 0.9% higher to $58.75. A rise in U.S. retail sales was cited as easing some concerns of a potential recession. An inversion of the U.S. bond yield, ongoing Sino-U.S. trade war and weak
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Oil extends decline on trade worries, recession fears
Oil futures trade lower, building on the previous day’s decline, as U.S.-China trade tensions continue to feed worries about a global economic slowdown that would weigh on demand.
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Oil Prices Fall Again on Recession Fears, Stock Build
Commodities Aug 15, 2019 10:42 GMT Investing.com - Crude oil prices tumbled further in early trading in the U.S. on Thursday, after a brief stabilization overnight crumbled under a new wave of recession fears. By 8:45 AM ET (1245 GMT), the benchmark U.S. blend, West Texas Intermediate, had fallen 67c, or 1.2%, to $54.55 a barrel, close to its lows for the week. That was still a handy rebound from an intraday low of $54.10, however. The international benchmark Brent was down $1.09 or 1.8% to $
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Oil gains after strong U.S. retail sales help ease recession worries
TOKYO (Reuters) – Crude oil prices rose on Friday after two days of declines, buoyed following data showing a rise in U.S. retail sales helped ease some concerns about a recession in the world’s biggest economy. Brent crude was up 31 cents, or 0.5%, at $58.54 a barrel at 0047 GMT, after falling 2.1%...
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TOKYO (Reuters) – Crude oil prices rose on Friday after two days of declines, buoyed following data showing a rise in U.S. retail sales helped ease some concerns about a recession in the world’s biggest economy. Brent crude was up 31 cents, or 0.5%, at $58.54 a barrel at 0047 GMT, after falling 2.1%...
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BANKS/BANKING/CREDIT
Mozambique: Central Bank cuts interest rates again
The Monetary Policy Committee of the Bank of Mozambique on Wednesday announced a cut in the bank’s key interest rates by 50 base points with immediate effect. Thus the Interbank Money Market Rate (MIMO), used by the central bank for its interventions on the interbank money market to regulate liquidity, falls from 13.25 to 12.75...
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HSBC reshuffles decks as the bank braces for a more challenging operating environment
John Flint, then-HSBC chief executive, declared in June of last year that it was time for the bank “to get back into growth mode”. Under his predecessor Stuart Gulliver, the lender, once known in its advertising as the “world’s local bank”, had cut…
Read in South China Morning Post: https://apple.news/
China’s small banks still struggling to obtain funds to lend three months after first bank failure in 20 years
China’s numerous small banks are still struggling to raise the finances needed to be able to offer more loans to aid the slowing economy nearly three months after the country’s first bank failure in more than 20 years. After the government takeover of…
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Citi: German banks are in a much worse position than the rest of Europe
German lenders are in a uniquely dangerous position compared to their European counterparts, according to Ronit Ghose, global head of banks research at Citi.
Read in CNBC: https://apple.news/A6zV_
Moscow to Develop a Blockchain System for Transparent City Services
Russia's capital is seeking a contractor to build an ethereum-based system to host some of the city's administrative services.
Read in CoinDesk: https://apple.news/
Wall Street And European Banks Axed 30,000 People This Summer: Here's What's Happening
Bank executives are fearful of a bleak future.
Read in Forbes: https://apple.news/Afim_
I have almost 30 credit cards, and this is my strategy for getting the most out of my points and miles
Author Caroline Lupini. I have almost 30 credit cards, and I use them to earn points, miles, and cash back to fund my travel. Two main strategies help me earn the maximum rewards on all my spending. I use cards that earn me bonus points on my biggest spending categories, such as the Chase Sapphire Reserve for dining and the American Express® Gold Card for groceries at US supermarkets. Since not all of my spending is eligible for bonus categories, I also use a credit card that earns more than 1%
Read in Business Insider: https://apple.news/A_
TREASURIES/BONDS/STOCKS
Top 5 Things to Know in the Market on FridayEconomy Aug 16, 2019 09:25 GMT Investing.com - Here are the top five things you need to know in financial markets on Friday, August 16: 1. Treasury yields climb back from record lows Yields on U.S. government debt were climbing higher on Friday, with the 30-year yield bouncing back from record lows after a turbulent week for markets. The yield curve inversion seen this week, that some economists suggest could be an early sign of an upcoming recession, unwound as the 10-year yield pushed back
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Day Ahead - Top 3 Things to WatchStock Markets Aug 15, 2019 19:24 GMT Investing.com - Here are the top 3 things that could rock markets tomorrow. 1. Rebound in Housing Market to Continue? Housing market numbers are on the calendar for Friday, with many eager to see whether weakness in homebuilder activity will continue even as lower mortgage rates are supposed to support demand. The Commerce Department will report on housing starts and building permits for June at 8:30 AM ET (13:30 GMT). Economists expect that housing starts to
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30-year U.S. Treasury yield breaks below 2%Treasury yields extend their decline on Thursday as the whole U.S. government bond yield curve slipped below 2% level.
Read in MarketWatch: https://apple.news/A6hcG_
Wall Street braces for another wild rideStocks slumped overnight after Beijing vowed to retaliate for the latest round of tariffs, then rallied after China said it was willing to "meet halfway."
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Recession horns are blaring yet stock investors can still winThe stock market is on "borrowed time" now that the yield curve has inverted, but there are still some big gains that can be made.
Read in Fox Business: https://apple.news/AiI-iq6_
Stocks Whipsaw as Traders Face Conflicting Trade War SignalsBeijing first vowed to retaliate against new tariffs, even after Trump postponed some of them, but then appeared to soften its stance.
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Inversion of the US and UK yield curves is making investors very nervous: Market analystCMC Markets UK Chief Market analyst Michael Hewson and Mainstay Capital Management CEO David Kudla on concerns over the U.S. economic outlook, U.S. trade tensions with China and their impact on the markets.
Read in Fox News: https://apple.news/AfSqyV-
CRYPTO / DIGITAL CURRENCIES
How To Understand Bitcoin If You're Over 40Those of us over 40 have an advantage when studying the “crypto revolution”: We've seen this story before. And that means, we know how it ends … and how to profit from it.
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Crypto Lending Industry Has Earned Just 2% on $4.7 Billion in Loans: ReportA new report from credit assessment startup Graychain shows that demand for crypto loans is surging, but lenders aren't making much profit.
Read in CoinDesk: https://apple.news/
Ripple Is Giving Away 1 Billion XRP in Massive Bid to Fund Online ContentRipple is making a major investment in Coil, a media platform that pays content creators XRP.
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New Zealand gives a vote of confidence in bitcoin, while the US remains waryKiwis can now get paid in crypto. Bitcoin faces legal uncertainty in much of the world, but this month the cryptocurrency received a major vote of confidence in New Zealand. In its August tax information bulletin (pdf), the country's Inland Revenue Department published binding rules approving salaries and wages paid in cryptocurrency. Digital currency proponents...
Read in Quartz: https://apple.news/
Bitcoin Suddenly Under $10,000 As Ethereum, Litecoin, And Ripple's XRP Dive—Here's WhyBitcoin and cryptocurrency markets are in turmoil along with traditional markets with many of the biggest digital tokens, including ethereum, ripple's XRP, and litecoin, recording double digit declines over the last 24 hour trading period...
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Bitcoin slumps to two-week low on technical trading, market jittersBitcoin extended losses on Thursday after suffering its worst day for a month on Wednesday, with traders citing factors ranging from technical trading to jitters in traditional markets washing into cryptocurrency trading.
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Despite CEO Claims, Dash Isn’t Really the 'Most Used' Crypto in VenezuelaDespite wide-spread efforts and expensive advertising, Dash isn't taking off in Caracas.
Read in CoinDesk: https://apple.news/
CURRENCIES
Forex - U.S. Dollar Steadies as Retail Sales Outperform Expectations; Yen Falls
Forex Aug 16, 2019 04:53 GMT Investing.com - The U.S. dollar steadied on Friday in Asia, while the Japanese yen fell following the release of better-than-expected U.S. retail sales data. The U.S. dollar index that tracks the greenback against a basket of other currencies inched up 0.1% to 98.062 by 12:50 AM ET (04:50 GMT). U.S. retail sales rose 0.7% in July from a month earlier, data showed. Markets previously expected a rise of 0.3%. Despite the positive data, analysts warned the fragile calm
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Forex - Dollar Steady, Yen Slips as Market Selloff Pauses
Forex Aug 15, 2019 07:53 GMT Investing.com - The dollar was holding steady against a currency basket Thursday and the safe haven yen turned lower as a cautious calm returned to markets which have been roiled by a brutal selloff triggered by fears over the outlook for the global economy. The dollar index, which measures its value against a basket of six major currencies, stood at 97.81 by 03:40 AM ET (07:40 GMT) after a 0.2% gain on Wednesday. The dollar gained ground against the yen, rising 0.1%
Read in Investing.com: https://apple.news/
Here's How the Weak Pound Is Screwing Your Europe Minibreak
Thanks for ruining my lovely holiday weekend in Berlin, Brexit!
Read in VICE UK: https://apple.news/APqcFNH_-
Sterling crisis? What crisis? - CapX
The slide in the pound to multi-year lows against both the dollar and euro has prompted talk of ‘meltdown’ and ‘free fall’. Some commentators are already calling this a ‘sterling crisis’, and speculating about what Tory politicians would be saying if it were happening under a Labour government. Even the normally sensible Conservative MP, Sam Gyimah, has described the ‘plummeting pound’ as ‘catastrophic’. Frankly, this is a load of baloney. For a start, let’s try to keep a sense of perspective.
Read in CapX: https://apple.news/
WEEKAHEAD-AFRICA-FX-Kenya, Tanzania shillings, Zambia kwacha to hold steady
Kenya's and Tanzania'sshillings are expected to hold steady against the dollar in thenext week to Thursday, as will Zambia's kwacha, traders said. KENYA The Kenyan shilling is expected to be stable, supported by inflows from offshore investors buying governmentdebt and tightening liquidity in the local money market, traderssaid. Commercial banks quoted the shilling at 103.15/35, comparedwith 103.00/20 at last Thursday's close. "Beginning of a new credit reserve ratio cycle and upcomingbonds
Read in Reuters: https://apple.news/
Turkey's lira firms, outperforming some emerging markets
Turkey's lira firmed onThursday, outperforming some other emerging market currencies,while the main stock index declined more than 2% after athree-day market holiday.
Read in Reuters: https://apple.news/A_sdO-
FX Weekly: A Weak Yuan Is A Problem
Global yields continue to fall as risk-off sentiment prevails, with the 10Y US currently trading slightly above 1.6%, just 25bps higher than its historical low reached in early July 2016.With the Fed starting its easing cycle, preference for the USD due to its high interest rate differential against most of the major currencies is certainly going to ease.Fundamentals in the Euro area continue to disappoint as uncertainty and the slowdown in global trade keep weighing on European nations.
Read in Seeking Alpha: https://apple.news/
HEALTH / SCIENCE
Eating Flavonoid-Rich Foods Can Lower Your Risk of Cancer and Heart Disease—Here's What You Need to Know
Most people want to do their best to lower the risk of developing scary illnesses like cancer and heart disease. (If you don’t, we should talk.) While some factors like genetics can’t be helped, certain lifestyle tweaks can decrease your odds. According to a new study published in the journal Nature Communications, eating a diet rich in flavonoids, compounds found in plant-based foods and drinks, can reduce your risk of dying from cancer and heart disease. The study analyzed data from the Danish
Read in Health: https://apple.news/
Africa: Third New TB Drug Developed in Over Half a Century Must Be Affordable
Geneva/New York New drug pretomanid could be a lifesaver for people with XDR-TB, but MSF warns it must be made affordable to make a real difference The US Food and Drug Administration (FDA) today approved a combination regimen containing a new drug, pretomanid, for the treatment of extensively drug-resistant tuberculosis (XDR-TB). As the third new drug developed for tuberculosis (TB) in over half a century, and the first to be developed as part of a ready-to-use treatment regimen, pretomanid's
Read in AllAfrica: https://apple.news/
Mexico's top court demands regulation on medical marijuana after long delays
Mexico's supreme court ordered the health ministry on Wednesday to issue regulation within six months on medical marijuana use, saying its failure to do so after legalization in 2017 had put rights at risk for patients, including children.
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Illinois now requiring insurers to cover EpiPens for kids
FBN's Dagen McDowell on Illinois becoming the first state to require health insurance companies to cover EpiPens for children.
Read in Fox Business: https://apple.news/
Newly discovered organ may be lurking under your skin
Identified in mice, the simple organ most likely exists in humans, too, offering fresh insight into how we experience painful pressure and pricks.
Read in National Geographic: https://apple.news/A_MaS_
Cases of vaping-linked breathing problems now reported in 8 states
Doctors have not yet been able to pinpoint any specific device, brand or ingredient tying the cases together.
Read in NBC News: https://apple.news/
Eating Flavonoid-Rich Foods Can Lower Your Risk of Cancer and Heart Disease—Here's What You Need to Know
Most people want to do their best to lower the risk of developing scary illnesses like cancer and heart disease. (If you don’t, we should talk.) While some factors like genetics can’t be helped, certain lifestyle tweaks can decrease your odds. According to a new study published in the journal Nature Communications, eating a diet rich in flavonoids, compounds found in plant-based foods and drinks, can reduce your risk of dying from cancer and heart disease. The study analyzed data from the Danish
Read in Health: https://apple.news/
Africa: Third New TB Drug Developed in Over Half a Century Must Be Affordable
Geneva/New York New drug pretomanid could be a lifesaver for people with XDR-TB, but MSF warns it must be made affordable to make a real difference The US Food and Drug Administration (FDA) today approved a combination regimen containing a new drug, pretomanid, for the treatment of extensively drug-resistant tuberculosis (XDR-TB). As the third new drug developed for tuberculosis (TB) in over half a century, and the first to be developed as part of a ready-to-use treatment regimen, pretomanid's
Read in AllAfrica: https://apple.news/
Mexico's top court demands regulation on medical marijuana after long delays
Mexico's supreme court ordered the health ministry on Wednesday to issue regulation within six months on medical marijuana use, saying its failure to do so after legalization in 2017 had put rights at risk for patients, including children.
Read in Reuters: https://apple.news/
Illinois now requiring insurers to cover EpiPens for kids
FBN's Dagen McDowell on Illinois becoming the first state to require health insurance companies to cover EpiPens for children.
Read in Fox Business: https://apple.news/
Newly discovered organ may be lurking under your skin
Identified in mice, the simple organ most likely exists in humans, too, offering fresh insight into how we experience painful pressure and pricks.
Read in National Geographic: https://apple.news/A_MaS_
Cases of vaping-linked breathing problems now reported in 8 states
Doctors have not yet been able to pinpoint any specific device, brand or ingredient tying the cases together.
Read in NBC News: https://apple.news/
USA / CANADA
Jobless claims hit 6-week high of 220,000
The number of people who applied for jobless benefits in early August climbed to a six-week high of 220,000, though the level of U.S. layoffs remains near a post 2008 recession low. Most of the increase appeared to occur in California.
Read in MarketWatch: https://apple.news/
Ex Treasury Secretary Warns of Economic Recession
August 15, 2019 Trump Says US Has 'Hottest' Economy And Every World Leader Congratulates Him For That Former Treasury Secretary Lawrence Summers warned on Thursday about the growing possibility of national and global recession, arguing that "it's hard for people to have confidence" as federal interest rates are already low and President Donald Trump has launched trade disputes with allies and adversaries alike. During an interview with CNN, Summers pointed to long-term yields being less than
Read in Newsweek: https://apple.news/
China promises “countermeasures” in trade war, unmoved by U.S. tariff delay
China announced Thursday that it would be forced to take “necessary countermeasures” if President Trump moves forward with tariffs set to take effect Sept. 1, continuing the back-and-forth escalation of the trade war even as the conflict elevates fears of a global economic slowdown.
Read in The Washington Post: https://apple.news/
Venezuela's U.S. Oil Loss Is Canada's Gain
U.S. oil imports from embattled Venezuela have continued to drop. Heavy oil-based Canada has picked up the slack, with annual exports to its southern neighbor rising by 180,000 b/d over the past decade.
Read in Forbes: https://apple.news/AWZVKE_7IR-
EMERGING MARKETS
Brazil's Petrobras expects high growth in natural gas business: executive
Brazil's natural gas sector will rapidly expand in the coming years, especially between 2023 and 2025, as new players will enter this market, Petrobras downstream head Anelise Lara said on Wednesday.
Read in Reuters: https://apple.news/
Brazil's Resultados Digitais Reaffirms Investor Confidence With New Round
The new deal is part of a wave of renewed confidence in local tech firms and will see the Florianópolis-based company expanding further across Latin America.
Read in Forbes: https://apple.news/Ar_
The new deal is part of a wave of renewed confidence in local tech firms and will see the Florianópolis-based company expanding further across Latin America.
Read in Forbes: https://apple.news/Ar_
What next for Argentina? Historic market crash ramps up fears of another default
Analysts at Bank of America Merrill Lynch now believe there is a 50% chance Argentina will default on its sovereign debt next year.
Read in CNBC: https://apple.news/
Mexico pushes US to designate El Paso shooting an act of terrorism
It will ask for extradition of suspected shooter Patrick Crusius to stand trial for alleged killing of its citizens.
Read in Malaysiakini: https://apple.news/
Mexican president predicts the United States will ratify trade deal in September
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Wednesday that he expected the United States to ratify a new trade pact to replace the North American Free Trade Agreement (NAFTA) next month. “I bet that in September, the agreement will be approved, and it will help us very much,” Lopez Obrador...
Read in CreaWorldNews: https://apple.news/
Explainer: U.S. sanctions and Venezuela's trade and oil industry partners
The United States last week imposed a sweeping freeze on Venezuelan government assets in U.S. territory and threatened to sanction any company that works with socialist President Nicolas Maduro's government, as the Trump administration ratcheted up its bid to force Maduro out.
Read in Reuters: https://apple.news/
Emerging-market shares give up 2019 gain in global equity rout
Emerging markets weren't spared in the global stock-market rout Wednesday, with the iShares MSCI Emerging Markets ETF falling 2.8%. The decline erased the popular exchange-traded fund's gain for the year, leaving it down 0.8% for 2019. U.S. stocks saw losses deepen in afternoon trade. The selloff was attributed to an inversion of the main measure of the U.S. yield curve, which is viewed as a recession signal, albeit typically with a significant lag, as well as weak economic data out of China and
Read in MarketWatch: https://apple.news/
MIDDLE EAST
U.S. tries to seize Iranian oil tanker held in Gibraltar
The U.S. has made an application in Gibraltar’s Supreme Court to seize an Iranian tanker that the British overseas territory impounded in July, stoking a brewing crisis between the U.K. and Iran.
Read in The Wall Street Journal: https://apple.news/
US move halts release of Iranian tanker held in Gibraltar
The U.S. moved to seize an Iranian supertanker that had been detained.
Read in ABC News: https://apple.news/A5jymRm-
Iran Says Will Pump Oil from East of Hormuz Strait by 2021
Iranian officials say oil exports from the east of the Strait of Hormuz, where over 30 percent of the global seaborne oil traffic is handled, will be possible by early 2021 thanks to a major pipeline project which aims to pump crude to the eastern end of the waterway.
Read in IFP News: https://apple.news/AyASxUeO-
AFRICA
Zimbabwe: Mopa - MDC Lawmakers Reject 'Apartheid Duplicate' Law
(Photo: New Zimbabwe) MDC Senators say the proposed Maintenance of Peace and Order Bill (MOPA) was a direct duplication of the once dreaded South African Apartheid era law, the Regulation of Public Gathering Act (No. 205 of 1993). The Zimbabwean draft law has been approved by the Zanu PF dominated National Assembly but still to be passed by the upper house. Debating the proposed law on Wednesday, opposition Senators warned that Zanu PF members pushing for the controversial piece of legislation
Read in AllAfrica: https://apple.news/
Zimbabwe: MDC Demo to Cause More Suffering Among Zimbabweans - Mutsvangwa
Government has warned participating in the MDC's planned Friday demonstration against President Emmerson Mnangagwa's administration will serve to lengthen Zimbabweans' suffering. At a post-cabinet media briefing Wednesday, Information Minister Monica Mutsvangwa urged locals to shun the protest, dubbed "Free Zimbabwe March". "In the light of planned demonstrations by the opposition MDC Alliance, Cabinet implores all Zimbabweans to completely reject the culture of violence and intimidation which
Read in AllAfrica: https://apple.news/
Zimbabwe: Government Revives Jatropha Project As Fuel Crisis Persists
Government, desperate to end a recurrent fuel crisis, has revived its Jatropha fuel project abandoned during ex-President Robert Mugabe's era. Information Minister Monica Mutsvangwa revealed this during a Post Cabinet media briefing Wednesday, where she emphasised on the need for alternative sources of fuel to ease the challenge. "The proposed National Biofuels Policy will guide the biofuels sector during the period 2018 to 2030 in promoting the implementation of viable biofuels projects in the
Read in AllAfrica: https://apple.news/AoUz_
Zimbabwe: MDC Alliance Protests Will Be Violent, Police
(Photo: 263Chat) Police have said evidenced gathered shows that the planned MDC Alliance demonstration set for tomorrow is not going to be peaceful contrary to the claims peddled by the opposition party. In a statement, the police said intelligence and concrete evidence on the ground has revealed that the so called peaceful demonstrations will be violent. "The Zimbabwe Republic Police (ZRP) informs the nation that based on the notifications given by MDC A to regulating authorities to hold
Read in AllAfrica: https://apple.news/
Zimbabwe: Zim Doctors Give Govt Three-Week Ultimatum to Address Wage Demands
Zimbabwean doctors have given their employer a three-week grace period to address their salary grievances short of which they will withdraw their labour. This they said through a press statement Wednesday by their umbrella Zimbabwe Hospital Doctors Association (ZHDA). In its demands addressed to the chairperson of the Health Services Board (HSB) and copied to the Health Minister Obadiah Moyo, the crucial medical staff wants its employer to match doctors' wages with the prevailing US dollar
Read in AllAfrica: https://apple.news/Azl-
Zimbabwe's opposition vows protests over economic crisis
Zimbabwe's main opposition Wednesday said it will roll out protests starting this week to try to force President Emmerson Mnangagwa to set up a transitional authority, even as the government warned against such action
Read in ABC News: https://apple.news/AhG_
Kenya: Exposed - Nairobi County Hospitals Which Stock Expired Drugs
Nairobi County government Health department has come under fire for letting county hospitals to stock expired drugs and non-pharmaceuticals. This revelation is contained in a report by comes after Nairobi County Assembly Public Accounts Committee (PAC). According to the report, Mbagathi County Hospital - one of the four major county hospitals - was holding expired drugs and pharmaceutical items amounting to over Sh1.4 million. This is as even the hospital's management could not explain reasons
Read in AllAfrica: https://apple.news/
China says it hopes can reach a solution with U.S. on trade
Stock-index futures appeared to get a lift Thursday after a spokesperson for China's foreign ministry said Beijing still hoped it could work out a solution to the trade conflict with the U.S. Referring to the meeting between President Donald Trump and Chinese leader Xi Jinping in June, the spokesperson said: "We hope the U.S. can work in concert with China to implement the two presidents' consensus that was reached in Osaka, and to work out a mutually acceptable solution through equal-footed
Read in MarketWatch: https://apple.news/Ao7aeY-
China's threat to retaliate against US tariffs rattles global markets
China's threat to retaliate against US tariffs set to kick in on 1 September added to fears of a recession and roiled global stock markets.
Read in Sky News: https://apple.news/
GLOBAL MARKETS-China's trade threats deal fresh blow to world stocks
* 10-year U.S. yields below two-year for first time in 12years
Read in Reuters: https://apple.news/AS-
China doesn't need US soybeans, thanks to Richard Nixon
President Donald Trump is upset with China for buying Brazilian soybeans instead of American ones amid the ongoing trade war, but the South American industry got its start thanks to an earlier round of protectionist policies under President Richard Nixon.
Read in CNN Politics: https://apple.news/
In “clear warning,” Chinese paramilitary forces exercise near Hong Kong
Hundreds of China's People's Armed Police conducted exercises at a sports stadium in Shenzhen on Thursday, as the U.S. State Department expressed concern that they could be deployed across the border in Hong Kong to break up protests wracking the city.
Read in Reuters: https://apple.news/Ak6vzir-
Asia fears ‘second cold war’ as Donald Trump pushes Iran into Chinese arms
Worsening US-Iran tensions are raising fears among Asian countries of Tehran’s pivot to China and Russia, potentially sparking a second cold war, experts at a conference in Singapore said on Tuesday. Hitoshi Tanaka, Japan’s former deputy minister for…
Read in South China Morning Post: https://apple.news/
Asian Markets Mixed; China Calls Upcoming U.S. Tariffs a Violation of Accords
Stock Markets Aug 16, 2019 02:57 GMT Investing.com - Asian markets were mixed in morning trade on Friday as Beijing said the looming U.S. tariffs on Chinese goods are violations of accords reached earlier this year. China’s Shanghai Composite and the Shenzhen Component rose 0.6% and 0.9% by 11:23 AM ET (03:23 GMT). Hong Kong’s Hang Seng Index gained 0.7%. China “has no choice but to take necessary measures to retaliate,” China’s State Council Tariff Committee said in a short statement on
Read in Investing.com: https://apple.news/
EUROPE
Norwegian delegation in Venezuela to restart dialogue: sources, Guaido
A delegation from the Norwegian government has come to Venezuela to restart talks between the government of President Nicolas Maduro and the opposition that were halted last week after Maduro's allies pulled out, according to four sources and opposition leader Juan Guaido.
Read in Reuters: https://apple.news/
Merkel: European mission in Strait of Hormuz likely to be discussed in Finland
German Chancellor Angela Merkel said on Wednesday she believed the idea of a European naval mission in the Strait of Hormuz would be discussed again at informal meetings of European foreign and defense ministers in Finland later this month.
Read in Reuters: https://apple.news/
Germany: The End Of A Golden Decade
End of golden decade.What's next? Worsening, external relief or fiscal stimulus?The next months will show whether it is a beginning for the better or the worse.
Read in Seeking Alpha: https://apple.news/
Europe stocks turn lower after China threatens reaction to U.S. tariffs
A fledgling recovery in European stocks was stamped out on Thursday after China threatened countermeasures to U.S. tariffs.
Read in MarketWatch: https://apple.news/
Brexit: Labour to attempt to bring down Boris Johnson's government within 'days' of parliament resuming
Labour will attempt to bring down Boris Johnson's government within "days" of MPs returning to parliament after the summer recess, in an effort to stop a no-deal Brexit.
Read in The Independent: https://apple.news/
Brexit: Farmers call for fresh referendum as they warn half of farms will go bust after no-deal exit
More than half of farms will go bust if Boris Johnson forces through a no-deal Brexit, farmers are warning, as some join the campaign for a fresh referendum.
Read in The Independent: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
Closed Saturday
The CBI for Saturday closed.
The currency auction is
There are no news and announcements.
Mesopotamia issues a statement on the reluctant citizens to repay their monthly installments of Basmaya loans
Release date:: 2019/8/17 9:19 • 181 times read
BAGHDAD: Al-Rafidain Bank on Saturday called on citizens to pay their late monthly installments of loans for housing units in Bismayah residential complex.
The bank's media office said in a statement received (Euphrates News) a copy of it, that "there are some reluctant citizens have defaulted on the monthly payments of installments due to loans Basmaya residential."
He pointed out, "The bank has set a slogan that this year is the year of liquidation of debts and the recovery of its arrears due to its customers who are lagging and defaulting on their repayment of funds, especially those who lag behind the monthly installments of the Bismayah residential complex."
He pointed out, "The bank has set a slogan that this year is the year of liquidation of debts and the recovery of its arrears due to its customers who are lagging and defaulting on their repayment of funds, especially those who lag behind the monthly installments of the Bismayah residential complex."
Closed Saturday
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
8-17-2019 Newshound/Intel Guru Mnt Goat Article: "NO CONFIDENCE VOTE ON MAHDI UNTIL AT LEAST SECOND LEGISLATIVE TERM" relax everyone. Mahdi is not going anywhere!
8-16-2019 Intel Guru MarkZ [via PDK] We are hearing a hard date/line in the sand has been given to Mr. Trump... Do not know that date... ...Many think we will be banking on Monday. I have heard from several banking sources that the QFS has already started... Iraq said they would pay their employees by MasterCard by next week. They were supposed to be paid starting the 15th with a new rate...we are very hopeful we are about to see it everywhere...
8-16-2019 Newshound/Intel Guru Mnt Goat Article: "ARTICLE 140 WILL BE ENFORCED" IS ARTICLE 140 ALL COMPLETED? …Article 140 is not completed and needs a legal referendum...Again I am telling everyone that Article 140 is required. It is part of the new Iraqi constitution and the entire constitution must be implemented and enforced prior to the reinstatement...
8-16-2019 Newshound Guru Kaperoni Article today says the CBI reserves are up to 72 billion.
8-16-2019 Intel Guru Frank26 ...parliament made it very clear on television...purchasing power...in the first term session...the world knows they're Article VIII. It's not a secret. Now purchasing power is what the citizens want. Right now though they're cleaning everything up...
8-16-2019 Newshound/Intel Guru Mnt Goat Articles: "A COURT ORDER WAS ISSUED APPOINTING AN INSPECTOR GENERAL IN THE CENTRAL BANK OF IRAQ"; "APPOINTMENT OF AN INSPECTOR OF THE CENTRAL BANK OF IRAQ, USUALLY VIOLATED HIS INDEPENDENCE AND EXCEEDED ITS LAW" This is WOW! news! ...This yet another step in cleaning up the corruption in the CBI...The new law passed this year, the Financial Management Law states that an inspector general will be appointed over the CBI. The positions has very specific auditing responsibilities and will not interfere with monetary policy. So we are witnessing them implement this new law. This is all very good for us.
8/16/2019 Newshound Guru Kaperoni I find it funny that the guru's talk about ATM machines as if they're not working, and some mythical RV must happen for them to work. Wrong! They're fully operational right now and have been so for quite some time dispensing dinar notes at the current exchange rate.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
Catnip sent her report last night, but for some reason I haven't received it. Soon as we communicate this morning I will send it out seperately.
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