WOTS Sunday 8/18/19
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1166.5000 | 1166.5000 | 1166.5000 | | 00:00 |
| USD/VND | | | 23207.0000 | 23080.8300 | 23080.8300 | | 00:00 |
| USD/CNY | | | 7.0448 | 7.0330 | 7.0330 | | 00:00 |
| USD/KWD | | | 0.3035 | 0.3033 | 0.3033 | | 00:00 |
| GBP/USD | | | 1.2175 | 1.2075 | 1.2079 | | 00:00 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 00:00 |
| USD/IDR | | | 14270.0000 | 14115.0000 | 14224.0000 | | 00:00 |
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DC NY Iraq Articles:dd
Sadr warns Abdul Mahdi of "a new deep state building" in Iraq
Political blocs demanded a "clear position" from the government
Sunday, August 18, 2019
Muqtada al-Sadr, leader of the Sadrist movement, has warned Iraqi Prime Minister Adel Abdul Mahdi of what he called "a new deep state building" in the country. In a statement, Sadr addressed what he called «fraternal advice» to Abdul Mahdi that «there are important things I send to the Prime Minister as a brotherly advice to benefit in his work, which are popular demands called by the reference and the people together, and I have advisors, otherwise the continuation of this trend It is not accepted by law and reason, but also unacceptably popular. ”
Sadr added that «the first point is full commitment to independence and not tendency to one party without another, otherwise it would be deviation from independence as a new construction of the deep state». And Sadr: «The second point the file of services is still lagging, and almost non-existent, we hope the Prime Minister to strive actively and tangible to activate services, the people have been hurt a lot and patience is no longer easy». He continued: «The third point, we did not see any progress in the file of anti-corruption at all, but the blame, and this silence is almost a authorization of corruption, if ratified it will hurt us scourge, and not when inevitable».
In his statement, Sadr called on the Prime Minister to "preserve the prestige of the state and its security institutions and the independence of the Iraqi decision and do not hesitate to punish those who weaken the security services and punish those with foreign affiliations to be a full sovereign Iraq."
Sadr's warnings to Abdul-Mahdi come against the backdrop of recent revelations about the breach of Iraqi airspace, and the possibility of Israel bombing a joint camp of the Federal Police and the Popular Mobilization south of Baghdad, last week, and against the demand of a cleric close to Iran to dissolve the Iraqi army.
Haidar al-Mulla, a leader in the Reform and Reconstruction Alliance, told Asharq Al-Awsat that Mr. Sadr's message to Abdul-Mahdi was more of an advisory rather than a clear element that follows constitutional and legal mechanisms within the framework of parliamentary oversight. Mullah added that «the government came out of the pot of Muqtada al-Sadr and Hadi al-Amiri, and as a result, Sadr can not shirk his responsibilities towards the Iraqi people as it represents the incubator of the government of Abdul Mahdi», noting that if Sadr «can be able to exchange roles between positions I take it as a person and the positions taken by the bloc, which I sponsor, I see that this issue can not cross or fool the political blocs or the Iraqi people, as everyone knows that Mr. Sadr is the real incubator of this government ».
He pointed out that «if Mr. Muqtada al-Sadr believes that the government is unable to fulfill its obligations in the areas mentioned, he should take a clear position and withdraw his support from this government, and declare his opposition to it, otherwise, he issues advice to Abdul Mahdi, while his negotiating team Negotiations in support of the government of Abdul-Mahdi here I find a great contradiction ». He said: «We are not talking about a cleric standing on the pulpit of Juma provides advice and guidance, but we are about a person standing at the head of a large alliance called the Alliance (Saraon) support for the government of Abdul Mahdi, and such as the incubator, so this message does not go beyond the context of general Without a political description, whether in the case of loyalty or opposition ».
For his part, called on the head of the coalition «Searon» in the province of Diyala and member of the Iraqi parliament Burhan al-Mamouri to the importance of hosting the Prime Minister during an emergency session of parliament. He said in a statement yesterday: «After approaching a full year after the formation of the government of Adel Abdul Mahdi, we, as representatives of the Iraqi people did not notice any development in various important files in the country», noting that «the citizen has not yet touched any progress in the services file Or health, education, culture, sports and other files. ” Al-Maamouri added that «one of the most important files that witness a clear deterioration of the service file, which is one of the files that touch the life of the citizen, and cause his suffering over decades of time», pointing out that «there is a deliberate by the defenders of this file to continue to harm the Iraqi people And not to provide the simplest services ». Al-Maamouri pointed out that «the possibilities enjoyed by the country and financial returns to the state treasury are able to implement giant strategic projects and sophisticated technical specifications», pointing out that «mafias of corruption and widespread phenomenon of patronage are one of the most important reasons that led to a serious decline in this sensitive file ».
For its part, confirmed the «Sadikon», which belongs to the coalition «conquest» that the claims on the fight against corruption are auctions and pressure to obtain gains and benefits. The head of the bloc, MP Hassan Salem, said in a statement that «most of the demands of Prime Minister Adel Abdul-Mahdi to fight corruption are themselves involved in it through their ministers, agents and managers, and thus exert pressure on the supervisory and judicial organs not to hold accountable corrupt parties belonging to their parties and blocs. Salem said that «what is put in the media on the files of corruption are auctions, and the pressure to get gains and spoils». He explained that «if there is a real serious to fight corruption, parties and blocs to declare innocence of their cadres involved in corruption and make the judiciary takes its role in holding them accountable.
Sadr added that «the first point is full commitment to independence and not tendency to one party without another, otherwise it would be deviation from independence as a new construction of the deep state». And Sadr: «The second point the file of services is still lagging, and almost non-existent, we hope the Prime Minister to strive actively and tangible to activate services, the people have been hurt a lot and patience is no longer easy». He continued: «The third point, we did not see any progress in the file of anti-corruption at all, but the blame, and this silence is almost a authorization of corruption, if ratified it will hurt us scourge, and not when inevitable».
In his statement, Sadr called on the Prime Minister to "preserve the prestige of the state and its security institutions and the independence of the Iraqi decision and do not hesitate to punish those who weaken the security services and punish those with foreign affiliations to be a full sovereign Iraq."
Sadr's warnings to Abdul-Mahdi come against the backdrop of recent revelations about the breach of Iraqi airspace, and the possibility of Israel bombing a joint camp of the Federal Police and the Popular Mobilization south of Baghdad, last week, and against the demand of a cleric close to Iran to dissolve the Iraqi army.
Haidar al-Mulla, a leader in the Reform and Reconstruction Alliance, told Asharq Al-Awsat that Mr. Sadr's message to Abdul-Mahdi was more of an advisory rather than a clear element that follows constitutional and legal mechanisms within the framework of parliamentary oversight. Mullah added that «the government came out of the pot of Muqtada al-Sadr and Hadi al-Amiri, and as a result, Sadr can not shirk his responsibilities towards the Iraqi people as it represents the incubator of the government of Abdul Mahdi», noting that if Sadr «can be able to exchange roles between positions I take it as a person and the positions taken by the bloc, which I sponsor, I see that this issue can not cross or fool the political blocs or the Iraqi people, as everyone knows that Mr. Sadr is the real incubator of this government ».
He pointed out that «if Mr. Muqtada al-Sadr believes that the government is unable to fulfill its obligations in the areas mentioned, he should take a clear position and withdraw his support from this government, and declare his opposition to it, otherwise, he issues advice to Abdul Mahdi, while his negotiating team Negotiations in support of the government of Abdul-Mahdi here I find a great contradiction ». He said: «We are not talking about a cleric standing on the pulpit of Juma provides advice and guidance, but we are about a person standing at the head of a large alliance called the Alliance (Saraon) support for the government of Abdul Mahdi, and such as the incubator, so this message does not go beyond the context of general Without a political description, whether in the case of loyalty or opposition ».
For his part, called on the head of the coalition «Searon» in the province of Diyala and member of the Iraqi parliament Burhan al-Mamouri to the importance of hosting the Prime Minister during an emergency session of parliament. He said in a statement yesterday: «After approaching a full year after the formation of the government of Adel Abdul Mahdi, we, as representatives of the Iraqi people did not notice any development in various important files in the country», noting that «the citizen has not yet touched any progress in the services file Or health, education, culture, sports and other files. ” Al-Maamouri added that «one of the most important files that witness a clear deterioration of the service file, which is one of the files that touch the life of the citizen, and cause his suffering over decades of time», pointing out that «there is a deliberate by the defenders of this file to continue to harm the Iraqi people And not to provide the simplest services ». Al-Maamouri pointed out that «the possibilities enjoyed by the country and financial returns to the state treasury are able to implement giant strategic projects and sophisticated technical specifications», pointing out that «mafias of corruption and widespread phenomenon of patronage are one of the most important reasons that led to a serious decline in this sensitive file ».
For its part, confirmed the «Sadikon», which belongs to the coalition «conquest» that the claims on the fight against corruption are auctions and pressure to obtain gains and benefits. The head of the bloc, MP Hassan Salem, said in a statement that «most of the demands of Prime Minister Adel Abdul-Mahdi to fight corruption are themselves involved in it through their ministers, agents and managers, and thus exert pressure on the supervisory and judicial organs not to hold accountable corrupt parties belonging to their parties and blocs. Salem said that «what is put in the media on the files of corruption are auctions, and the pressure to get gains and spoils». He explained that «if there is a real serious to fight corruption, parties and blocs to declare innocence of their cadres involved in corruption and make the judiciary takes its role in holding them accountable.
The Iraqi Embassy in The Hague organizes a symposium and a stand in solidarity with the Yazidis
18/08/2019 12:18 PM | Number Of Hits: 88
The Embassy of the Republic of Iraq in The Hague organized a symposium and a stand in solidarity on the occasion of the fifth anniversary of the crimes of the Islamic State terrorist organization against the Yezidis in Iraq, with the participation of members of the Iraqi community in the Netherlands, in the presence of Simone van der post , Iraq file official at the Dutch Foreign Ministry.
The session was opened by playing the national anthem and reciting Surat Al-Fatiha to pay tribute to all the martyrs of Iraq and the sons of the Yezidi component who were victims of the crimes of the terrorist organization ISIS.
Ambassador Al-Alawi then delivered a speech on the occasion, stressing that the victory in Iraq is a victory for all the world, because the organization did not intend to stand at the borders of Iraq, but was seeking to control the countries of the region to impose his ill-fated succession.
«Coalition» confirms its commitment to Baghdad's decision to use airspace - See more at: http://translate.
Coalition confirms its commitment to Baghdad's decision to use airspace.
18/08/2019 Baghdad: «Gulf»
The leadership of the International Coalition in Iraq, on Saturday, complied with the orders of Prime Minister Adel Abdul-Mahdi on the use of airspace, the official Iraqi News Agency reported. A statement to inform the leadership of the International Coalition, according to the agency: «A meeting was held between the Joint Task Force command of the coalition forces and the Joint Operations Command and Air Defense in the Iraqi Ministry of Defense to discuss the recent directives of Prime Minister Adel Abdul Mahdi on the use of airspace».
The Iraqi prime minister recently decided to limit the approval of the use of Iraqi airspace only to himself.
The statement added that «coalition forces adhere to all Iraqi laws and directives, as a guest within the limits of Iraqi sovereignty, and that the US-led coalition forces immediately complied with all directives from our Iraqi partners during the implementation of the order of the Prime Minister, and that they operate inside Iraq at the request of the government Under the protection of Iraq and in partnership with the Iraqi security forces ».
"Since the beginning of the campaign to defeat ISIS on October 17, 2014, Coalition Forces have assisted the Government of Iraq in liberating Iraqi territory, and support to the people of Iraq includes, but is not limited to, training of more than 220 people," the statement said. Thousands of members of the Iraqi security forces, and provide billions of dollars of equipment and support about 15 thousand air strikes coordinated with the Government of Iraq ». The leadership of the International Coalition «its commitment to continue its work in supporting and empowering partner forces in the Iraqi security forces to carry out its mission of defeating ISIS permanent».
On the other hand, the Federal Police Command, announced the destruction of a den of the organization «Daesh» near the hills of Hamrin.
The command said in a statement that «Brigade 4, with the support of the infantry regiment, the Fifth Division, was able to destroy a den of terrorist gangs during the search of the areas of al-Awashra and al-Mubadid and Abu Rakba west of the Rashad area in Kirkuk, adjacent to the hills of Hamrin».
In turn, the head of the security committee Sadiq al-Husseini: The joint units succeeded in securing the border with other provinces in full from any external threat. He added that «ISIS activity in the areas of the province has declined by more than 90% now, as the elements of ISIS have left only a few scattered in the areas of Hamrin and Baiiz Diyala and South Bani Saad», pointing out that «ISIS now depends on infiltration And the implementation of acts of banditry here and there to confuse the situation only
Economist blames government for poor domestic product subsidies
Release date:: 2019/8/17 21:33 • 245 read times
Economic expert Abdul Rahman al-Mashhadani blamed the federal government for poor domestic product support.
"The government action to protect the domestic product is very weak in the government and private sectors, and even the recent laws that have been done, such as the customs tariff law and the protection of the domestic product, there is no mechanism to have a clear impact on the Iraqi market," Mashhadani said.
He added that "the private sector suffers from problems, one of which is high production costs.
Al-Mashhadani said: "The government procedures are complicated and hindered in this matter, which is supposed to provide support for the local product and intervention, especially the subject of advances from banks, which until this moment only gives high and non-concessional benefits."
He pointed out that "should apply government laws on the protection of domestic product and prevent the corresponding goods," noting that "neighboring countries and perhaps beyond neighboring countries and all countries that have an economic share in Iraq is seeking to destroy the domestic product in order to preserve their goods."
He added that "the private sector suffers from problems, one of which is high production costs.
Al-Mashhadani said: "The government procedures are complicated and hindered in this matter, which is supposed to provide support for the local product and intervention, especially the subject of advances from banks, which until this moment only gives high and non-concessional benefits."
He pointed out that "should apply government laws on the protection of domestic product and prevent the corresponding goods," noting that "neighboring countries and perhaps beyond neighboring countries and all countries that have an economic share in Iraq is seeking to destroy the domestic product in order to preserve their goods."
Zarif: Iraq is now our big trading partner
Release date:: 2019/8/18 9:12 • 251 read times
"Iraq is now our big trading partner," Iranian Foreign Minister Mohammad Javad Zarif said.
"Our active diplomacy continues," Zarif said in a tweet on Twitter.
The Iranian foreign minister went to Kuwait on Saturday and met with members of the Kuwaiti-Iranian Friendship Society. He is scheduled to meet his Kuwaiti counterpart and other senior Kuwaiti officials.
It is noteworthy that the volume of trade exchange between Iraq and Iran amounts to 8 billion dollars annually and Tehran aspires to raise it to 20 billion dollars in the next few years.
The Iranian foreign minister went to Kuwait on Saturday and met with members of the Kuwaiti-Iranian Friendship Society. He is scheduled to meet his Kuwaiti counterpart and other senior Kuwaiti officials.
It is noteworthy that the volume of trade exchange between Iraq and Iran amounts to 8 billion dollars annually and Tehran aspires to raise it to 20 billion dollars in the next few years.
Mr. Hakim stresses the need for independence of political decision .. Reveals the work to question ministers
Date of edit:: 2019/8/18 • 164 times read
BAGHDAD: The leader of the opposition National Wisdom Movement, Mr. Ammar al-Hakim, the need to preserve the sovereignty of Iraq and the independence of its political decision, while revealing the work to question ministers who are weak or corrupt.
This came during a meeting with Mr. Ammar al-Hakim, in his office in Baghdad on Saturday, a gathering of elites and professional and community competencies in the Office of Baghdad.
A statement by his office, received (Euphrates News) a copy, that "Mr. Ammar al-Hakim stressed during the meeting a number of important points in order for the government to fulfill its responsibilities, the most important of which was the need to preserve the sovereignty of Iraq and the independence of its political decision, and to create a positive relationship between the components and between the government and governments And between local governments themselves. "
`` Serious steps must be taken to provide services through initiating strategic service projects, providing a vision to strengthen the economy by supporting the private sector, creating job opportunities, providing facilities for investors and capital, in addition to developing the security and intelligence system and intensifying campaigns to put pressure on terrorist sleeper cells, '' Ammar al-Hakim said.
He pointed out that "serious action to combat corruption from national scruples away from utilitarianism and the phenomenon of selling positions, and dealing with corruption as it is dealing with terrorism," noting that "the opposition national wisdom movement is currently working to provide legal cover for the opposition by interpreting the articles of the Constitution and ensure the rights of the opposition In the law of the House of Representatives and its bylaws.
The leader of the opposition national government movement to "continue to seek the formation of the opposition front and the shadow government by experts in every detail and competence, and work to question ministers who are weak or corrupt or unsupervised history," warning of "continuing the equation irresponsibility," calling for "the importance Clarity of the team responsible for the government so that the public can reward or punish it. "
Mr. Ammar al-Hakim concluded that "the presence of the opposition highlighted the government achievement report and that these reports were going unnoticed. This is a vivid explanation for the opposition's evaluation of the government's performance."
A statement by his office, received (Euphrates News) a copy, that "Mr. Ammar al-Hakim stressed during the meeting a number of important points in order for the government to fulfill its responsibilities, the most important of which was the need to preserve the sovereignty of Iraq and the independence of its political decision, and to create a positive relationship between the components and between the government and governments And between local governments themselves. "
`` Serious steps must be taken to provide services through initiating strategic service projects, providing a vision to strengthen the economy by supporting the private sector, creating job opportunities, providing facilities for investors and capital, in addition to developing the security and intelligence system and intensifying campaigns to put pressure on terrorist sleeper cells, '' Ammar al-Hakim said.
He pointed out that "serious action to combat corruption from national scruples away from utilitarianism and the phenomenon of selling positions, and dealing with corruption as it is dealing with terrorism," noting that "the opposition national wisdom movement is currently working to provide legal cover for the opposition by interpreting the articles of the Constitution and ensure the rights of the opposition In the law of the House of Representatives and its bylaws.
The leader of the opposition national government movement to "continue to seek the formation of the opposition front and the shadow government by experts in every detail and competence, and work to question ministers who are weak or corrupt or unsupervised history," warning of "continuing the equation irresponsibility," calling for "the importance Clarity of the team responsible for the government so that the public can reward or punish it. "
Mr. Ammar al-Hakim concluded that "the presence of the opposition highlighted the government achievement report and that these reports were going unnoticed. This is a vivid explanation for the opposition's evaluation of the government's performance."
Kauaihn Iraq Articles:dd
Araji: Withdrawal of confidence from Abdul-Mahdi means the failure of the blocks to get spoils
12:14 - 18/08/2019
Information / Baghdad ..
Former Deputy Prime Minister Bahaa al-Araji, on Sunday, that any attempt to withdraw confidence from Prime Minister Adel Abdul-Mahdi means "failure" of the political blocs in the selection or "not succeed in obtaining the benefits."
Araji said in a press statement received / information /, a copy of it, "The political blocs contributed to the selection of the Prime Minister after being nominated from a high religious side, which is a good option, and therefore the success depends on the cooperation of these blocs with him in the implementation of his government program and vice versa as well" .
Araji added, "Any attempt to withdraw confidence from him means the failure of these blocs in the selection or not succeed in obtaining the benefits." Done / 25
Deputy: Parliament will question five ministers next chapter .. These are the most prominent
12:26 - 18/08/2019
Information / Baghdad ..
MP Sairon Alliance Riad Masoudi, on Sunday, that the House of Representatives will question five ministers through its third legislative chapter, among the most prominent respondents Finance Minister Fuad Hussein and Minister of Electricity Louay Khatib.
Masoudi said in a statement to the information, that "a number of members of the House of Representatives submitted a formal request to the presidency of the parliament to question five ministers of the government of Abdul Mahdi through the third legislative term," pointing out that "the interrogations will affect the Minister of Communications Naim al-Rubaie, Minister of Electricity Louay al-Khatib and Finance Minister Fouad Hussein, Oil Minister Thamer Ghadban and Trade Minister Mohammed Al-Ani.
He added that "the five ministers will be questioned for their association with accountability and justice procedures and involvement in suspicions of financial corruption," noting that "the five ministers did not abide by the terms of the government program has violated the law in some administrative transactions."
Al-Masoudi, that "the House of Representatives may go towards their dismissal to correct the course of the political process," pointing out that "the House of Representatives linger to conduct interrogations in the first and second chapter has happened to collect documents and failure of the bloc questioned and accused of targeting and political overthrow." Finished / 25 T.
MP Sairon Alliance Riad Masoudi, on Sunday, that the House of Representatives will question five ministers through its third legislative chapter, among the most prominent respondents Finance Minister Fuad Hussein and Minister of Electricity Louay Khatib.
Masoudi said in a statement to the information, that "a number of members of the House of Representatives submitted a formal request to the presidency of the parliament to question five ministers of the government of Abdul Mahdi through the third legislative term," pointing out that "the interrogations will affect the Minister of Communications Naim al-Rubaie, Minister of Electricity Louay al-Khatib and Finance Minister Fouad Hussein, Oil Minister Thamer Ghadban and Trade Minister Mohammed Al-Ani.
He added that "the five ministers will be questioned for their association with accountability and justice procedures and involvement in suspicions of financial corruption," noting that "the five ministers did not abide by the terms of the government program has violated the law in some administrative transactions."
Al-Masoudi, that "the House of Representatives may go towards their dismissal to correct the course of the political process," pointing out that "the House of Representatives linger to conduct interrogations in the first and second chapter has happened to collect documents and failure of the bloc questioned and accused of targeting and political overthrow." Finished / 25 T.
Will America impose sanctions on Hakim?
11:45 - 18/08/2019
Information / Baghdad ..
Former Lebanese minister and politician Mohammed Abdel Hamid Baydoun said Sunday that the United States would impose sanctions on Iraqi Foreign Minister Mohammad Ali al-Hakim after imposing sanctions on his Iranian counterpart Mohammad Javad Zarif.
Baydoun said in a statement reported by the newspaper "Asharq Al-Awsat" Saudi Arabia and informed him (information), that "the US sanctions, which affect Iran's Foreign Minister Javad Zarif, will apply to the foreign ministers of Iraq, Syria and Lebanon."
Beydoun attributed this to the fact that the three ministers are "partners of the Lebanese Hezbollah," he said.
Earlier this month, the United States imposed sanctions on Iranian Foreign Minister Mohammad Javad Zarif, including freezing any assets. Done / 25
Former Lebanese minister and politician Mohammed Abdel Hamid Baydoun said Sunday that the United States would impose sanctions on Iraqi Foreign Minister Mohammad Ali al-Hakim after imposing sanctions on his Iranian counterpart Mohammad Javad Zarif.
Baydoun said in a statement reported by the newspaper "Asharq Al-Awsat" Saudi Arabia and informed him (information), that "the US sanctions, which affect Iran's Foreign Minister Javad Zarif, will apply to the foreign ministers of Iraq, Syria and Lebanon."
Beydoun attributed this to the fact that the three ministers are "partners of the Lebanese Hezbollah," he said.
Earlier this month, the United States imposed sanctions on Iranian Foreign Minister Mohammad Javad Zarif, including freezing any assets. Done / 25
Kuwait reaches out to needy people in Jordan, Lebanon, Yemen and Iraq
August 18, 2019
Watering project in Maareb Governorate.
KUWAIT CITY, Aug 18, (KUNA): Kuwait has continued distribution of humanitarian aid to people in need in many parts of the region this week, helping Syrian refugees and Yemenis who live amidst an armed conflict in their country. Kuwait Red Crescent Society (KRCS) joined hands with Jordanian Red Crescent and distributed clothes and meat to 2,200 Syrian and Jordanian families during the Eid Al-Adha holiday.
The three-day humanitarian campaign, which began on first day of Eid Al- Adha, aims at giving clothes to Syrian orphans and refugees living in camps dotted around Amman. This campaign will benefit 700 families, said Hayat Marzouq, head of KRCS team.
Speaking to KUNA, Marzouq said this campaign also included distribution of meat to 1,500 Syrian and Jordanian families during Eid Al-Adha holiday. She thanked Jordan's Red Crescent for their logistical support that contributed to delivery of aid for people in need KRCS also launched a similar campaign during Eid Al-Adha in Lebanon.
The Kuwaiti society, in cooperation with Lebanon's Red Cross, distributed hundreds of packages of clothes and packages of meat for Syrian refugees in the north and east of Lebanon. Mona Al-Shatti, head of KRCS team, told KUNA they visited a bread distribution center and helped in giving out loaves of bread to Syrian and Palestinian refugees. In Yemen, KRCS opened a number of relief projects in Maareb governorate, part of Kuwait By Your Side campaign. The projects include a foundation stone for the drilling of a water well and installation of a pump and pipes in Jufaina camp for the internally displaced persons (IDPs). KRCS also provided nine incubators for the newborn in three hospitals.
The Kuwaiti society also distributed 350 livestock for 248 families in six Yemeni governorate during Eid Al- Adha holiday. Meanwhile, Kuwait Awqaf Public Foundation distributed meat on Iraqi IDPs and families in Irbil during Eid Al-Adha holiday. Kuwait Consul General in Irbil Dr Omar Al-Kandari said the distribution of meat was part of Kuwait by Your Side campaign, and within His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah's instructions to help alleviate suffering of the Iraqi people . He said more than 2,600 families received Eid Al-Adha meat.
Iran agrees to open five new trade and tourism outlets with Iraq
2019/08/18 10:03:26 AM
Baghdad / Al-Ghad Press:
Halabja province announced on Sunday that Iran has agreed to open five trade and tourism outlets with Iraq through the Kurdistan region.
"Iran has formally agreed to make the outlets of Kelly, Shoshmi, Tawila, and Sheikh Saleh, and Bashta, international trade and tourism outlets," Deputy Governor Kawa Ali Karim said in a statement received by Al-Ghad Press.
Karim added that "the Presidency of the Republic of Iran issued a formal decision on the tenth of this month, which officially agreed to make a number of joint outlets with the Iraqi province of international," noting that "it is scheduled that the Iraqi and Iranian sides will soon hold a joint meeting on this file."
He explained that "the next step is to convey this approval to the relevant authorities in Iraq and the border outlets, as the final decision belongs to the central government in Iraq and Iran."
He pointed out that "the authorities in the region held earlier this month a meeting with an Iranian delegation in which I spoke with them in this regard, and decided the Tehran government to approve the proposal."
Legislative law details the federal civil service law
2019-08-19
Baghdad / Al-Ghad Press:
The parliamentary legal committee confirmed on Sunday that it completed the federal civil service law and referred it to the finance committee to complete some procedures, noting that the law unifies 112 laws and a decision of the Revolutionary Command Council by one law.
"The federal civil service law has been completed in the legal committee and most of the differences have been overcome," deputy committee chairman Mohammed al-Ghazi told Al Ghad Press.
"The law has nothing to do with the salaries of employees, but to regulate their work," Ghazzi said.
He added that "the federal civil service law will unite 112 laws and a decision of the Revolutionary Command Council with one law," stressing that "the committee has completed all procedures and will transfer the law to the Finance Committee as competent to submit before the House of Representatives at the beginning of the next legislative year."
Iraq Experts “fear Free Economic Zone with Kuwait”
Iraq, August 18, 2019
The economic agreements signed between Kuwait and Iraq have recently raised concerns among Iraqi experts, who warned against “political courtesy” at the expense of the country’s interests in relation to the proposed free trade zone on the border between the Iraqi city of Basra and Kuwait.
A member of the Council of Basra, Mohamed Al-Fatlawi, expressed reservations about the idea of establishing a free trade zone between Iraq and Kuwait, insisting his opposition stemmed “from the simple reason that it will negatively affect the Iraqi Port of Al-Faw, which is being constructed on the waters of the Arabian Gulf”.
He explained that “the goods imported by Iraq from Kuwait are two hundred times more than those exported by Iraq to Kuwait”.
“The presence of a free economic zone means that the port is no longer useful,” Al-Fatlawi lamented, adding that: “The ships come to Mubarak Al-Kabeer Port in Kuwait and are unloaded there, but arrive at the free zone without paying any fees. So, it will be cheaper than coming through Al-Faw Port where tariffs are imposed.”
Jamal Al-Mohammadawi, a member of the Oil and Energy Committee, also said that the free zone could have a negative impact on the Port of Al-Faw. “We will recommend that the government take this issue into account, so that there won’t be any agreements at the expense of trade and import from Iraqi ports,” the New Arab reported Al-Mohammadawi as saying yesterday.”
The committee member added:
“This year an amount of $400 million has been allocated from the budget to complete the Port of Al-Faw, and if the issue of the free zone is not dealt with, the ships and boats will come to the Kuwaiti port of Mubarak and take the corridor through Kuwait to the market or free zone directly, without the need to complete their way and reach the Iraqi Port of Al-Faw.”
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Gold Prices Dip After Solid Rally as Risk Sentiment Returns
Commodities Aug 16, 2019 11:06 GMT Investing.com - Gold prices dropped on Friday, giving back a small portion of August’s gains, as sovereign debt yields pulled away from historic lows and signs of economic stimulus boosted risk sentiment. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange, fell $8.45, or 0.6%, to $1,522.75 a troy ounce by 7:03 AM ET (11:03 GMT). Global stocks were on the rise as China hinted at plans to spur consumption, while Thailand
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Gold pulls back from more-than-6-year high
Gold pulls back from the latest in a string of more-than-six year highs, but remains on track for a weekly gain.
Read in MarketWatch: https://apple.news/ATY_
Oil trims gains as OPEC lowers forecast for 2019 world oil-growth demand
Oil futures trimmed gains Friday after the Organization of the Petroleum Exporting Countries, in its monthly report, slightly lowered its outlook for global oil-demand growth this year. OPEC said it now expects oil demand to grow by 1.1 million barrels a day in 2019, down 40,000 barrels a day from its July forecast. OPEC left its 2020 demand forecast unchanged at 1.14 million barrels a day. OPEC also cut its supply-growth forecast, calling for non-OPEC supplies to grow 1.97 million barrels a day
Read in MarketWatch: https://apple.news/
Oil on track for weekly gain, but trims rise after downbeat OPEC outlook
Oil futures rise Friday, putting crude on track for a winning week, but trimmed gains after OPEC lowered its outlook for crude-demand growth due to a global economic slowdown.
Read in MarketWatch: https://apple.news/
Copper Prices May Take Off as Supply Tightens
Sentiment for copper may turn bullish as the market shrugs off concerns about the slowing global economy and the China-U.S. trade war.
Read in Barron's: https://apple.news/
BANKS/BANKING/CREDIT
Central banks haven’t shifted direction this abruptly in a decade
The shift in central bank monetary policy direction during the last six months hasn’t been this dramatic in a decade.
Read in MarketWatch: https://apple.news/
As recession concerns mount, dozens of central banks are cutting rates
More than 30 central banks around the world have cut interest rates this year, as countries move to shore up their economies amid rising concerns over global growth, trade conflicts and the threat of a messy Brexit. Last week alone, India, Thailand and New Zealand unexpectedly lowered rates or cut by more than expected. And as President Trump admonishes the Federal Reserve to continue dropping its benchmark interest rate, many of the world’s largest economies have also begun reducing borrowing
Read in San Francisco Chronicle: https://apple.news/
Hong Kong’s banks say they have adequate cash to meet demand, even as calls circulate online for protesters to empty out ATMs
Hong Kong’s biggest banks said they have enough currency notes on hand to handle any extraordinary increase in demand for cash, as calls circulated online for protesters to empty out automated teller machines (ATMs) to disrupt the banking system in Asia’s…
Read in South China Morning Post: https://apple.news/
Fed may not have enough firepower to prevent a recession
President Trump has been pressing the Fed to help head off a feared economic slowdown, but it's not clear the central bank has the ammunition.
Read in CNBC: https://apple.news/A3Bc4_
Deutsche Bank's Historic Revamp Hit by Sagging German Economy - Bloomberg
One month into Deutsche Bank AG’s boldest restructuring effort yet, the world has turned against Chief Executive Officer Christian Sewing. Or at least, Germany has.
Fears of an economic recession and the specter of even lower interest rates have taken a toll on banks across Europe. But for Sewing, who just pinned his bank’s future on closer ties with Germany’s export-oriented companies in a pivot away from Wall Street investment banking, the rapid deterioration comes at a particularly bad time.
TREASURIES/BONDS/STOCKS
‘Monetary policy lunacy’ means there has never been a better time for this asset, says hedge fund analystOur call of the day from Otavio Costa, global macro analyst at hedge fund Crescat Capital advises buying gold ahead of “monetary policy lunacy.”
Read in MarketWatch: https://apple.news/
Why this is the go-to asset when ‘monetary policy lunacy’ starts hitting markets,Our call of the day from Otavio Costa, global macro analyst at hedge fund Crescat Capital advises buying gold ahead of “monetary policy lunacy.”
Read in MarketWatch: https://apple.news/
U.S. Market Volatility And Sleepless Summertime NightsThis summer, investors have grappled with a series of market-moving headlines on a slew of topics, from politics to global trade to interest rates.The current US equity bull market has been running for more than a decade, which is long by historical standards.US-China trade is a complex topic that can have significant implications on global trade and economic growth.
Read in Seeking Alpha: https://apple.news/
The Dow Is Jumping Because Bond Yields Have Stopped Tumbling“It’s amazing what a pause in bond buying can do for stocks!” writes Bespoke Investment Group’s Justin Walters.
Read in Barron's: https://apple.news/A-0-
Wall Street Breakfast: Investors Climb Back Into Risk MarketsListen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify (click the highlighted links). Equities somewhat stabilized yesterday after days of wild swings, with DJIA futures now up by 260 points and S&P 500 and Nasdaq futures ahead by 1% and 1.4%, respectively. After threatening retaliation against incoming American tariffs, China urged the U.S. to meet it "half way," while President Trump talked up formal negotiations
Read in Seeking Alpha: https://apple.news/
CRYPTO / DIGITAL CURRENCIES
Ripple to Give 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.
Read in CoinDesk: https://apple.news/
Korea's Third-Largest Crypto Exchange Publishes Listing CriteriaCoinone has issued official listing criteria, paving the way for more tokens in the ecosystem.
Read in CoinDesk: https://apple.news/Aglf-
Bitcoin Defends Price Support, But Bear Case Still IntactBitcoin has bounced from key price support, but the outlook remains bearish as long as prices hold below Thursday's high of $10,445.
Read in CoinDesk: https://apple.news/
This Crypto Asset Doesn't Exist Yet, But Soon You'll Be Able to Stake ItPerlin's PERL cryptocurrency looks to make shipping easier, but could also democratize the proof-of-stake model.
Read in CoinDesk: https://apple.news/AVo-
CURRENCIES
Expect more currency wars over the next three years: Ray Dalio
Ray Dalio of Bridgewater Associates says he is "almost" more worried that the U.S., not China, might enter an environment of currency manipulation to weaken the greenback, though he says it is not very likely.
Read in CNBC: https://apple.news/
QE To Supply Needed Liquidity
The dollar has remained strong so far.The Fed has only 200 bps left before the fed funds rate hits zero. QE could be employed in case of a recession.Tighter credit conditions could lead to a serious corporate bond crisis. The Fed could supply liquidity to the system and supply needed dollars.
Read in Seeking Alpha: https://apple.news/
Pound surges above $1.21 on hopes of rebellion against no-deal Brexit
Stronger-than-expected retail growth and talk of a rebel alliance in parliament boosted the pound on Thursday.
Read in Yahoo Finance UK: https://apple.news/
Pound euro exchange rate rises ECB sets up ‘strong’ stimulus package to boost Euro economy
The pound euro exchange rate edged to €1.094 this morning on speculation that the European Central Bank’s planned stimulus package will be bigger than initially expected. Olli Rehn, a member of the ECB’s rate-setting committee, said: “When you’re working with financial markets, it’s often better to overshoot than undershoot, and better to have a very strong package of policy measures than to tinker.” The ECB’s bearish economic outlook has weighed on the European currency today. Demand for the
Read in Express: https://apple.news/
Canadian dollar hits one-week low as investors fret about global growth outlook
TORONTO (Reuters) – The Canadian dollar weakened to a one-week low against its U.S. counterpart on Wednesday as oil prices dropped and investors worried about the global growth outlook. At 9:51 a.m.(1351 GMT), the Canadian dollar was trading 0.6% lower at 1.3304 to the greenback, or 75.17 U.S. cents. The currency touched its...
Read in CreaWorldNews: https://apple.news/ApwVwyC_
CEE MARKETS-Currencies rebound as risk sentiment improves
By Alan Charlish WARSAW, Aug 16 (Reuters) - Central European currenciesgained on Friday, rebounding after China hinted at more supportfor its economy and Argentine leaders signalled determination tocontrol an economic crisis. Along with other risk-sensitive emerging-market assets,central European currencies had been hit by worries over globaltrade and the crisis in Argentina. Signs the region's economieswere cooling heightened the pessimism. "Sentiment for emerging market currencies improved
Read in Reuters: https://apple.news/
Trump pressured Mnuchin on labeling China a currency manipulator: report
President Trump reportedly pressured Treasury Secretary Steven Mnuchin to label China's government a [currency man](https://thehill.com/
Read in The Hill: https://apple.news/A_
HEALTH / SCIENCE
The cure for rural doctor shortages: ATV tours, babysitting, and paid sabbaticals
Recruiting doctors to come to work in rural hospitals has always been a challenge, especially in a hot job market. But some hospitals in remote areas are finding ways to lure much-needed talent.
Read in NPR: https://apple.news/
Want to Lose Six Pounds in an Afternoon? It’s Merely a Massage Away
Lymphatic drainage massage is used to help clients recover from invasive surgeries like liposuction. But it’s increasingly used on its own for a fast flab reduction.
Read in Bloomberg Businessweek: https://apple.news/
Dengue fever outbreak hits Latin America and Caribbean region
The Pan American Health Organization is warning against a deadly outbreak of the latest mosquito-borne virus in Latin America and Caribbean region, dengue fever.
Read in Miami Herald: https://apple.news/
Quitting Alcohol Is Good For Women's Health And Well-Being, Study Says
Quitting Alcohol Is Good For Women's Health And Well-Being, Study Says
Read in IFLScience: https://apple.news/
Ebola has been raging in DRC for a year: this is why we need a second vaccine
Vaccines have been one of the most powerful innovations in the history of health, slashing rates of many killer childhood diseases such as polio, diphtheria and measles.
Read in The Telegraph: https://apple.news/Ab3I0iT91R-
This is what happened when I cut out sugar
Like going off of any drug cold turkey, quitting refined sugar is a rough ride. I definitely registered feeling less than amazing right after quitting.
Read in Ladders: https://apple.news/
The cure for rural doctor shortages: ATV tours, babysitting, and paid sabbaticals
Recruiting doctors to come to work in rural hospitals has always been a challenge, especially in a hot job market. But some hospitals in remote areas are finding ways to lure much-needed talent.
Read in NPR: https://apple.news/
Want to Lose Six Pounds in an Afternoon? It’s Merely a Massage Away
Lymphatic drainage massage is used to help clients recover from invasive surgeries like liposuction. But it’s increasingly used on its own for a fast flab reduction.
Read in Bloomberg Businessweek: https://apple.news/
Dengue fever outbreak hits Latin America and Caribbean region
The Pan American Health Organization is warning against a deadly outbreak of the latest mosquito-borne virus in Latin America and Caribbean region, dengue fever.
Read in Miami Herald: https://apple.news/
Quitting Alcohol Is Good For Women's Health And Well-Being, Study Says
Quitting Alcohol Is Good For Women's Health And Well-Being, Study Says
Read in IFLScience: https://apple.news/
Ebola has been raging in DRC for a year: this is why we need a second vaccine
Vaccines have been one of the most powerful innovations in the history of health, slashing rates of many killer childhood diseases such as polio, diphtheria and measles.
Read in The Telegraph: https://apple.news/Ab3I0iT91R-
This is what happened when I cut out sugar
Like going off of any drug cold turkey, quitting refined sugar is a rough ride. I definitely registered feeling less than amazing right after quitting.
Read in Ladders: https://apple.news/
USA / CANADA
DriveWealth Brings Foreign Investors to US Equities Markets
DriveWealth has developed a platform to let fintechs and challenger banks around the world offer their customers commission-free trading in U.S. equities.
Read in Forbes: https://apple.news/AurKt_
Housing starts slip 4% in July, while building permits climb
Housing starts in July fell 4% to a seasonally adjusted annual rate of 1.19 million, the Commerce Department said Friday, as building permits rose 8.4% to 1.34 million. Economists polled by MarketWatch expected a 1.25 million rate for starts and a 1.29 million rate for permits.
Read in MarketWatch: https://apple.news/
Students borrowing less for college, but here's who's borrowing more
New data shows recent undergrads were less likely to take out student loans when compared with five years ago.
Read in Fox Business: https://apple.news/At_
Economic leaders hose down recession fears
Australians are being assured the nation is well placed to deal with global economic upheaval, amid fears of an impending recession in the United States. A leading economist has also downplayed the likelihood of a US recession, insisting its economy is in good shape. The Australian share market shed more than $63 billion on Thursday in response to fears of a recession, marking its worst day in 18 months. Treasurer Josh Frydenberg said Australia will continue to monitor what's happening overseas
Read in 9news.com.au: https://apple.news/
President Trump says these 'rich guys' are 'paying a lot of rent' to launch rockets
During a campaign rally in New Hampshire, the president noted a few billionaire investors are paying rent to the government with their space ventures
Read in Fox Business: https://apple.news/
EMERGING MARKETS
Technical strategist walks through emerging and developed global markets
Katie Stockton, founder and managing partner at Fairlead Strategies, joins CNBC's "Closing Bell" team to compare emerging markets and developed global markets.
Read in CNBC: https://apple.news/
Pimco says ‘biggest risk for emerging markets right now’ is unreported China lending
Unreported loans from Chinese state banks to emerging market governments is drawing eyes from nervous Wall Street investors.
Read in MarketWatch: https://apple.news/
This is how much more pain is ahead for emerging markets, technician says
Emerging markets could get swept up in another sell-off, but Todd Gordon of TradingAnalysis.com has a strategy to take advantage of the downside.
Read in CNBC: https://apple.news/
Emerging markets face much more pain, says trader, who offers this strategy
With the strong dollar putting the squeeze on emerging markets, Todd Gordon of TradingAnalysis.com has a strategy to take advantage of the downside.
Read in CNBC: https://apple.news/
Mexican government will keep investing in Pemex: president
Mexican President Andres Manuel Lopez Obrador said on Friday that his government would keep investing in state oil company Pemex, which is on the verge of losing its investment grade rating.
Read in Reuters: https://apple.news/
MIDDLE EAST
‘Official Secrets’ Reveals How Little We Still Know About the Push for War in Iraq
Martin Bright In 2003, Katharine Gun risked everything to try to stop the war. The reporter who broke her story—coming to the big screen later this month—reminds us how many questions remain unanswered. The post ‘Official Secrets’ Reveals How Little We Still Know About the Push for War in Iraq appeared first on The Nation.
Read in The Nation: https://apple.news/
Iraq takes security measures following mysterious blasts
Iraq banned unauthorized flights and ordered all military camps and munitions warehouses to be moved outside Iraqi cities following a massive explosion at an ammunition depot that killed one civilian and wounded 13
Read in ABC News: https://apple.news/
Iraq 'blocks' foreign military planes from its airspace after suspected Israeli strikes on Iran-backed militias
Iraq 'blocks' foreign military planes from its airspace after suspected Israeli strikes on Iran-backed militias
Read in The New Arab: https://apple.news/
Donald Trump doesn’t want war with Iran. But he’s backed himself into a corner
We have a president who says that he is a stable genius. He says everyone loves him. He says he’s the best deal-maker ever, the best negotiator in the whole world. Well, I wouldn’t dare speak to our president’s IQ – I have no idea. But the latter three…
Read in South China Morning Post: https://apple.news/
US slaps crew of Iranian supertanker with visa ban after it set sail from Gibraltar
Hours after Washington failed to persuade the Gibraltar authorities to not release the Iranian oil tanker, the State Department warned that anyone linked to the vessel will not be able to travel to the US.
Read in RT News: https://apple.news/AZnCsit_
Iran Says Gave No Promise for Oil Tanker Release
Iran’s Foreign Ministry Spokesman Seyyed Abbas Mousavi says the country has given no commitments to gain the release of its supertanker from detention in Gibraltar, and the claims made by Gibraltar are aimed at saving face.
Read in IFP News: https://apple.news/
AFRICA
Zimbabwe: Hardships Will Pass - President
President Mnangagwa says he understands the hardships that citizens are facing owing to austerity measures which have been compounded by natural disasters. He said although the Transitional Stabilisation Programme (TSP) -- Government's economic blueprint -- occasioned difficulties, it laid the foundation for economic turnaround. The Head of State and Government said this in a letter he wrote on Wednesday in response to the Zimbabwe Council of Churches (ZCC) and the Zimbabwe Heads of Christian
Read in AllAfrica: https://apple.news/
Zimbabwe: U.S. Says Worried By Abductions, Urges Political Dialogue
The United States government says it is deeply concerned over the abduction, assault, and torture of civil society and opposition activists at a time the country's main opposition has planned a massive anti-government protest in Harare this Friday. In a statement Thursday, the US government said the Zimbabwean government has a responsibility to ensure the safety of its citizens under its constitution. "We welcome the Zimbabwean government's commitment to investigate these crimes and to bring
Read in AllAfrica: https://apple.news/AOu4UJJB-
Zimbabwe: MDC Demo - Rights Commission to Monitor Police Conduct
The Zimbabwe Human Rights Commission (ZHRC) has called on Zimbabwean police to investigate reports of abductions on rights and MDC activists by alleged State agents. The State rights watchdog said this in a Thursday statement ahead of an MDC protest march in central Harare this Friday. The planned demonstration by the country's main opposition has seen alleged abductions and the torture of some government critics by suspected State agents. Government spokespersons deny any State involvement in
Read in AllAfrica: https://apple.news/
Zimbabwe: Mnangagwa Presents New Coup-Proofing Measures
President Emmerson Mnangagwa - under siege in the face of worsening economic hardships fuelling a groundswell of social discontent -- is coup-proofing his regime by giving the security forces preferential treatment ahead of other public servants. This comes at a time opposition, labour and civil society forces have organised protests starting today. Mnangagwa, who assumed power through a military coup which toppled former president Robert Mugabe in November 2017, has been on a systematic
Read in AllAfrica: https://apple.news/
Zimbabwe: Zim Loses U.S.$34m Through Illicit Financial Flows - Report
Southern Africa is prejudiced of a staggering US$30 billion annually as a result of illicit financial flows, with Zimbabwe losing US$34 million every year due to trade under-invoicing while also losing substantial revenue through servicing "illegitimate debt", a new by a regional anti-corruption watchdog shows. Released by Action for Southern Africa and titled The Money Drain: How Trade Misinvoicing and Unjust Debt Undermine Economic and Social Rights in Southern Africa, the report comes at a
Read in AllAfrica: https://apple.news/
Profit-making 'pandemic bonds' meet their match in Ebola
A new way of financing the fight against global diseases lured investors with annual returns of more than 11%. The deadly Ebola outbreak in Africa is highlighting shortcomings of so-called pandemic bonds in halting contagions. After the worst Ebola outbreak on record, the World Bank two years ago began selling the high-yielding securities, modeling them on catastrophe bonds that pay out in response to insurance claims for events like hurricanes. The pandemic bonds, the first ever, are triggered
Read in Aljazeera: https://apple.news/
Time for a gold rush in West Africa?
Africa’s largest money manager sees "significant investment opportunities" in West African gold mining as the industry at the southern end of the continent declines. Investor-friendly policies can help Ghana and other countries in the region drive the next "gold-mining boom," said Lebohang Sekhokoane, a mining research analyst at South Africa's Public Investment Corp. Low-cost deposits in Mali, Burkina Faso, Guinea and Ivory Coast offer the long-term investment potential the PIC prefers, rather
Read in Aljazeera: https://apple.news/
Exclusive: China set to deepen Argentine trade ties with bid for grains ‘superhighway’
By Hugh Bronstein BUENOS AIRES (Reuters) – Chinese state-owned construction giant CCCC is preparing a bid to dredge Argentina’s Parana River, the country’s main cargo superhighway that takes soy and corn from the Pampas farm belt to the shipping lanes of the south Atlantic and the world. Representatives of China Communications Construction Co Ltd <1800.HK>...
Read in CreaWorldNews: https://apple.news/
China is the world leader in special economic zones but the results are erratic at best, with many being underused or failing to benefit the wider economy
Just a week ago, Beijing announced an ambitious expansion of its Shanghai Pilot Free Trade Zone in the Lingang New Area, underpinning “a new round of reform and opening up”. Since the first free economic zone launched in Taiwan in 1966 (quickly…
Read in South China Morning Post: https://apple.news/
China's Jan-July fiscal revenues up 3.1% year-on-year
China's fiscal revenues in the first seven months of the year rose 3.1% from a year earlier, the Ministry of Finance said on Friday.
Read in Reuters: https://apple.news/
Amid crises, frayed U.S. ties give China's Xi political cover at home
To the outside world, China's ruling Communist Party - faced with an expanding trade war crimping an already slowing economy and spiraling protests in Hong Kong - is confronting some of its strongest political and economic headwinds in decades.
Read in Reuters: https://apple.news/
North Korea fires two more ballistic missiles as it vows to end talks with South Korea
North Korea fired two short-range ballistic missiles into the waters off its east coast Friday morning, just minutes before Pyongyang vowed to cut off dialogue with Seoul and referred to South Korean President Moon Jae-in as an "impudent guy."
Read in CNN: https://apple.news/A-
Japan edges out China as U.S. government’s top creditor
Japan reclaims its status as the U.S. government’s top creditor.
Read in MarketWatch: https://apple.news/
Taiwan raises 2019 growth outlook, sees faster pace next year
Taiwan raised its 2019 economic growth forecast on Friday, with prospects lifted by more factories moving production to the island from China despite worries about slowing technology demand and the Sino-U.S. trade war.
Read in Reuters: https://apple.news/
EUROPE
Europe Stocks at Most Volatile Level in a Year
European stocks advanced Friday as relief from the U.S.-China trade war sent investors back into equities to close a wild week.
Read in Barron's: https://apple.news/
UPDATE 2-Turkey's military pension fund reaches British Steel deal
* Hurdles remain, union warns of Brexit complications
Read in Reuters: https://apple.news/
Germany expects No Deal Brexit because of Irish border backstop row
Berlin is factoring in a British departure from the bloc on October 31 without a deal in place on their future relations, saying a disorderly Brexit was now 'highly likely', according to leaked papers.
Read in Daily Mail: https://apple.news/
Boris Johnson fires Brexit warning to MPs plotting with Jeremy Corbyn
Boris Johnson has warned Tory Remainer rebels plotting with Jeremy Corbyn to stop No Deal the 2016 EU referendum result 'must be respected' as he recommitted to his 'do or die' pledge.
Read in Daily Mail: https://apple.news/
Brexit countdown: The scramble to block Boris Johnson's no-deal plans
Boris Johnson has ordered the U.K.'s civil service to make preparations for a no-deal Brexit its "top priority," a directive that comes the same week the government has reportedly drawn up plans to stop British diplomats from attending EU meetings.
Read in Axios: https://apple.news/AdFoj15_
Merkel to meet UK prime minister soon to discuss Brexit
German Chancellor Angela Merkel could meet British Prime Minister Boris Johnson soon to discuss Brexit, her spokesman said Friday
Read in ABC News: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
Closed for holiday
The CBI for Sunday 8/18/19 did update on the indicative rates Sell Rate 1190
The currency auction is
There are no news and announcements.
Closed for holiday
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
http://www.dinarguru.com/
8-18-2019 Newshound/Intel Guru Dinar Investor - Jeff You're not going to see anything until...the second half of September... Remember last week they came into monies. They said they were adding 170 billion dinar to the '19 budget for reconstruction for Bagdad only and then also...the Kurds told them that they were going to release the Kuwait reconstruction money...to Bagdad. ...You have to look at accounting periods because this is the movement of a large amount of money. So the fact that they came into all this money in the middle of Q-3...that money is for Q-4...they have to walk into Q-4 with that money...Your target is Q-3 in this. This article is confirming we are looking really good. IMO.
8-17-2019 Newshound/Intel Guru RVAlready Seems that the BANG BANG BANG at the BANG BANG BANG at the front door could be the RV trying to come in. I suspect it will be taken care of by Monday morning.
8-17-2019 Newshound/Intel Dinar Investor - Jeff Article "Legal clarifies the decision of the Federal Court on the entry into force of Article 140 of the constitution". This article is confirming everything that I'm sharing with you...don't forget Article 140 was enacted back in 2005. This article tells you it has to be amended...this plus the HCL can only happen at the very end. This is telling you guys were at the end of this ride. There is no question. We know that for a fact...that means...you're waiting until the second half of September...we look really good.
8-17-2019 Intel Guru Frank26 ...on TV they are saying the Iraqi government is implementing reforms...to attract investment. To boost growth and infrastructure and wanting to create new jobs...they say this will change Iraq's economy...They even showed a video on this...news saying over 80% of citizens have cards now and will have over 90% in a short period of time...We are seeing more and more commercials on the electronic billboards today. Hear all about citizens using our new cards (Visa and MasterCard) at the new ATMs in commercials. This is all over town...Western Union says on Sunday that...Iraqi citizens can send the Iraqi Dinar outside of their country.
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!
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
*************
ARTICLE 1 (from PM Mahdi's website)
At the time this report was submitted, there are no new articles posted on PM Mahdi's website.
*************
ARTICLE 2 (from Government of Iraq twitter account)
At the time this report was submitted, there are no new tweets posted on the Government of Iraq twitter account.
*************
ARTICLE 3
Hakim stresses the need for independence of political decision .. Reveals the work to question ministers and the formation of a shadow government
2019/8/17 23:56
Baghdad-Where]
The leader of the opposition National Wisdom Movement, Mr. Ammar al-Hakim, the need to preserve the sovereignty of Iraq and the independence of its political decision, while revealing the work to question ministers who are weak or corrupt.
This came during a meeting with Mr. Ammar al-Hakim, in his office in Baghdad on Saturday, a gathering of elites and professional and community competencies in the Office of Baghdad.
A statement by his office, received by the All-Iraq News Agency [where] a copy of it, that "Mr. Ammar al-Hakim stressed during the meeting a number of important points in order for the government to fulfill its responsibilities, the most important of which was the need to preserve the sovereignty of Iraq and the independence of its political decision, and to find a positive relationship between the components Between government and local governments and between local governments themselves. "
`Serious steps must be taken to provide services through initiating strategic service projects, providing a vision to strengthen the economy by supporting the private sector, creating job opportunities, providing facilities for investors and capital, in addition to developing the security and intelligence system and intensifying campaigns to put pressure on terrorist sleeper cells, '' Ammar al-Hakim said.
He pointed out that "serious action to combat corruption from national scruples away from utilitarianism and the phenomenon of selling positions, and dealing with corruption as it is dealing with terrorism," noting that "the opposition national wisdom movement is currently working to provide legal cover for the opposition by interpreting the articles of the Constitution and ensure the rights of the opposition In the law of the House of Representatives and its bylaws. "
The leader of the opposition national government movement to "continue to seek the formation of the opposition front and the shadow government by experts in every detail and competence, and work to question ministers who are weak or corrupt or unsupervised history," warning of "continuing the equation irresponsibility," calling for "the importance Clarity of the team responsible for the government so that the public can reward or punish it. "
Mr. Ammar al-Hakim concluded that "the presence of the opposition highlighted the government achievement report and that these reports were going unnoticed.
Mr. Ammar al-Hakim concluded that "the presence of the opposition highlighted the government achievement report and that these reports were going unnoticed.
*************
ARTICLE 4
Abadi and Allawi discuss the evaluation of government work during the last period and work to correct the situation
2019/8/17 23:51
[Baghdad-Where]
Heads of the Nasr Alliance Haider al-Abadi and the National Coalition Iyad Allawi discussed and discuss the overall evaluation of government work and rectify the situation.
A statement issued by his office, received by the All-Iraq News Agency [where] a copy of it, that "during the meeting was blessed to return from the Holy Land after performing the rituals of Hajj, also discussed the latest political, security and economic situation and the evaluation of government work during the last period and work to correct the situation to provide All what the citizen needs and to move forward in maintaining what has been achieved during the past stage. "
"It was also stressed the importance of having the serious will to upgrade the various sectors of the state and the reconstruction of cities and provide jobs, especially with the availability of financial revenues, which must be reflected on citizens."
*************
ARTICLE 5
A deputy from Sadekoun accuses the prime minister of fighting corruption by implicating him
2019/8/17 15:49
[Baghdad-Where]
MP Hassan Salem, Saturday, that most of the demanders of Prime Minister Adel Abdul Mahdi, to fight corruption are themselves involved in it through their ministers, agents and managers, indicating that they are putting pressure on the regulatory and judicial organs not to hold corrupt parties affiliated to their parties and blocs.
Salem said in a press statement today that "what is put in the media about corruption files are bidding and exerting pressure to gain gains and benefits." He pointed out that "if there is a real serious anti-corruption, parties and blocs should declare innocence of their cadres involved in corruption and make the judiciary Takes his role in holding them accountable. "
He added that "this will not happen because the money of the Iraqi people, which was stolen divided by the thief and the rest of his party and his bloc and this according to their concept a successful minister or agent or director because he got spoils and money for the party or the bloc, and this story of fighting corruption in Iraq."
"Control and accountability apply to the independent official, not just the weak individual, that is, those who did not have the ability to close their corruption file," he said.
He added that "this will not happen because the money of the Iraqi people, which was stolen divided by the thief and the rest of his party and his bloc and this according to their concept a successful minister or agent or director because he got spoils and money for the party or the bloc, and this story of fighting corruption in Iraq."
"Control and accountability apply to the independent official, not just the weak individual, that is, those who did not have the ability to close their corruption file," he said.
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