Tuesday, August 6, 2019

WOTS Tuesday 8/6/19

WOTS Tuesday 8/6/19

WOTS Tuesday 8/6/19
 
Forex Rates
 
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  0.0000  0.0000 1185.4000 1185.2000 1185.4000  -0.1000 00:00
 USD/VND  23220.0000  23290.0000 23188.9400 23187.5400 23187.5400  4.5200 01:30
 USD/CNY  7.0343  7.0363 7.0570 7.0291 7.0496  -0.0154 03:55
 USD/KWD  0.3029  0.3049 0.3033 0.3029 0.3031  -0.0001 03:57
 GBP/USD  1.2184  1.2185 1.2192 1.2135 1.2139  0.0044 03:57
 USD/IRR  0.0000  0.0000 42000.0000 42000.0000 42000.0000  0.0000 00:00
 USD/IDR  14283.0000  14284.0000 14408.0000 14143.0000 14408.0000  -126.0000 03:57
 
 
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DC NY Iraq Articles:dd
Information / Baghdad ..
MP Hassan Khalati said on Tuesday that the next legislative term is completely different from the first legislative year, pointing out that the next chapter will witness a series of interrogations awaiting members of the Council.
"The next legislative chapter of the House of Representatives will be the axis of the budget 2020, as well as passing laws on the structure of the state, including the Federal Court Law."
He added that "the issue of the oversight aspect is usually weak during the legislative year," and expected that "the next legislative chapter will witness a series of interrogations, additions and parliamentary questions in addition to legislation laws that affect the lives of citizens." Ending / 25 h

 

Joint operations expose the Euphrates security situation in the Iraqi-Syrian border

 
Release date: 2019/8/6 10:42  121 times scheduled
 
[Baghdad: Al-Furat News} Joint operations command revealed the security situation in the Iraqi-Syrian border.
The operations spokesman Brigadier Yahya Rasool said in an exclusive statement to the {Euphrates News} that "the Iraqi-Syrian border, strongly held by the joint pieces of the army and border forces and popular crowd, which extends a distance of 650 km." 
He stressed that the border "secured and fortified well, and was conducted by arbitrations represented by earthmounds and trenches, as well as control towers and Sage (PRC) and the distribution of weapons and the support of the forces and the introduction of technology surveillance operations of thermal cameras and aircraft march." 
"There are operations carried out by the joint forces near the Syrian border, which is a qualitative operation aimed at the remains of remnants urged in the depth of this desert through air strikes, as well as landing operations and sometimes ground operations supported by the Iraqi air cover." 
"All our borders are firmly and fortified, and there is surveillance, surveillance and considerable intelligence effort to monitor any movement or intentions of gangs who are trying to infiltrate into Iraqi territory," he said

Federal Court: The right of defense is guaranteed and the investigation shall be made confidential by an interim measure

 
Editorial date: 2019/8/6 11:10  148 times read
 
The Federal Supreme Court confirmed that making the investigation secret is an "interim measure" related to the security of society, confirming the possibility of access to it after the disappearance of circumstances, stressing that the procedure is subject to appeal in accordance with the law, explaining that the right of defense is guaranteed.
"The Federal Supreme Court held its session under the chairmanship of Judge Medhat al-Mahmoud and the presence of all members of the judges, and considered an appeal filed by three lawyers, including the President of the House of Representatives in addition to his employment," the spokesman of the court Ayas al-Samuk said in a statement received by the agency. 
"The plaintiffs challenged article 57 (a) of the Criminal Procedures Law No. 23 of 1973, which states that" the accused, the complainant and the plaintiff have the civil right, and the civil person is responsible for the act of the accused and their agents, To prevent any of them from attending, if necessary, for reasons to be recorded in the record, to allow them to see the investigation merely for the disappearance of this necessity and they may speak only permission to them and if he does not authorize this must be recorded in the record. 
He pointed out that "the plaintiffs went to the fact that the legislator did not make the presence of the agent of the accused Jubia during the interrogation sessions, but a passport, and authorized the judge or the investigator to prevent any of the above mentioned from the presence and this contravenes the provision of paragraph (IV) of Article (19) The right of defense is sacred and guaranteed at all stages of investigation and trial "). 
He added that "the plaintiffs demanded that the article 57 (a) of the Code of Criminal Procedure be unconstitutional for violating article 19 (IV) of the Constitution." 
He pointed out that "the court listened to the statements of the parties, and found that the restriction established by the legislator under Article (57 / a) contested unconstitutionality regarding the presence of litigants sessions of the investigation is a temporary restriction of specific cases related to the security and safety of society and the preservation of the public good. 
"The Supreme Federal Court has stated that what happens in their absence will be announced after the disappearance of the conditions of confidentiality, and they can appeal the procedure according to the law." 
He stressed that "the Federal Supreme Court, found that the release of the freedom to discuss complainants and witnesses without the authorization of the court, lead to the disruption of the meeting and good conduct." 
"The Supreme Federal Court has confirmed that the hearing of the hearing, investigation or trial is entrusted to the President of the Court on the basis of Article 63/1 of the Civil Procedure Law No. 83 of 1969 and Articles 64 and 168 of the Criminal Procedure Law No. 23) of 1971 (amended) ". 
He added that the Federal Supreme Court stated that it is claiming that the text of the article subject to appeal limited the presence of the defense in the role of the investigation, the other texts confirmed his presence during the trial proceedings. If the defendant does not have a lawyer, the court will assign him a lawyer and the budget will bear his fees. 
He went on to say that "the Federal Supreme Court ruled that Article 57 (a) of the Criminal Procedure Law, which is contested as unconstitutional, has guaranteed the right of defense of the accused and therefore agrees with Article 19 (IV) of the Constitution and does not violate it."
.

America classifies China as a "manipulator" of currency exchange

 
Editorial date: 2019/8/6 8:55  144 times read
 
(Reuters) - The United States on Tuesday named China as a country manipulating the currency exchange rate, saying it would work with the International Monetary Fund to eliminate China's "unfair advantage" by cutting the yuan against the dollar to a minimum since December. the past.
The Treasury Department said in a statement: "Finance Minister Stephen Menuchin, under the auspices of US President Donald Trump, classified China as a country manipulating the exchange rate. Against the background of this decision, Manuchen will hold discussions with the International Monetary Fund to remove the unfair competitive advantage created by Chinese actions Last". 
US President Donald Trump on Monday condemned China's action on its currency as Beijing allowed the yuan to break a major seven-yuan level against the dollar for the first time in more than 10 years, making Trump a "violation" Large". 
"China has cut its currency to almost a historic low, which is called currency manipulation," said Trump, "Do you hear me, the Federal Reserve? This is a big violation that will weaken China significantly over time." 
The Financial Times newspaper reported on what it called the "historical decline" of the Chinese yuan. 
The yuan fell more than 1 percent, its lowest level in 11 years, amid growing fears of a sharp escalation of the Sino-US trade war. 
In its report, the Financial Times cited the historical fall of the Chinese yuan as investors, worried about the trade war, resorted to assets, which they considered safe haven. 
On Monday morning, the yuan unexpectedly crossed the 7 yuan barrier against the dollar
 
 
After the unrest in Nineveh Plain .. Abdul Mahdi refuses to back down on the decision to withdraw the brigade 30
 
 
Political 11:36 - 06/08/2019
 
Baghdad - Mawazine News
The chief of the armed forces, Prime Minister Adel Abdul-Mahdi, refused on Tuesday to back down from his decision to withdraw the 30th brigade of the Nineveh plain.
Sources in the Iraqi government office that "Prime Minister Adel Abdul Mahdi confirmed not to retreat from the decision to withdraw the brigade 30 of the popular crowd of the Nineveh Plain."
Abdul Mahdi, according to sources, to "end the control of the brigade on the areas of the plain and handing over security points for the army and police."
On Wednesday, dozens of elements of the network crowd organized a demonstration that developed into acts of violence, including the burning of car tires, the closure of a number of main roads and the throwing of stones by the army. The main road linking Mosul to Arbil was closed after they refused to hand over their positions in the eastern Nineveh Plain Mosul to the Army Forces
Information / Baghdad ..
Al-Mayadeen revealed Tuesday that the US military sent 200 military vehicles and heavy vehicles from Iraq to Syria in the past few hours.
"About 200 military vehicles and a heavy vehicle belonging to the US army crossed from Iraq into Syria," the channel quoted a local source as saying.
The source did not specify the exact destination of these large forces, but it is likely to be heading to the base Altnf adjacent to Jordan and Iraq. Ending / 25 d
 
 
Kauaihn Iraq Articles:dd
 
 
After the unrest in Nineveh Plain .. Abdul Mahdi refuses to back down on the decision to withdraw the brigade 30
 
 
Political 11:36 - 06/08/2019
 
Baghdad - Mawazine News
The chief of the armed forces, Prime Minister Adel Abdul-Mahdi, refused on Tuesday to back down from his decision to withdraw the 30th brigade of the Nineveh plain.
Sources in the Iraqi government office that "Prime Minister Adel Abdul Mahdi confirmed not to retreat from the decision to withdraw the brigade 30 of the popular crowd of the Nineveh Plain."
Abdul Mahdi, according to sources, to "end the control of the brigade on the areas of the plain and handing over security points for the army and police."
On Wednesday, dozens of elements of the network crowd organized a demonstration that developed into acts of violence, including the burning of car tires, the closure of a number of main roads and the throwing of stones by the army. The main road linking Mosul to Arbil was closed after they refused to hand over their positions in the eastern Nineveh Plain Mosul to the Army Forces. 
Information / Baghdad .. 
The parliamentary committee on security and defense confirmed on Tuesday that the will of victory in its three stages proved the existence of qualitative cohesion between the security forces and the people of the areas covered by the disinfection, pointing out that this cohesion cut the way for " da'ash " by establishing new reservoirs. 
"It is really remarkable during the recent victory operations that the residents of the regions have cooperated to provide the security forces and the popular crowd with information on the whereabouts of al-Dawash," committee member Karim Aliawi told Al-Mawloma. 
Alawi praised "the high coordination and the distinguished relationship between the security forces and the citizens and gain their confidence," returned that cooperation "a key factor in the success of the process and achieve its objectives." 
"This cohesion between the security forces and the residents of the targeted areas will cut the way for dormant cells to resume their activity in the off-road," he said, urging security forces to open windows to receive any new information from citizens by providing them with hot phone numbers. Ending / 25

UNHCR is preparing to provide logistical materials for the success of provincial elections
Local 12:34 - 06/08/2019
Baghdad - Mawazine News
The Electoral Commission announced on Tuesday its readiness to expel logistical and material materials to achieve the success of provincial elections.
"The media committee in the Electoral Commission held a broad meeting today under the chairmanship of the deputy chairman of the council and the chairman of the media committee, Rizkar Hama Muhyiddin. In the presence of the head of the electoral administration, Ahmed Rahim Bishara, the commissioners Karim al-Tamimi, Hazem al-Ridini and a number of employees, The Department of Mass Communication and the Information Section at UNHCR headquarters ".
He added that the meeting presented the strategic plan proposed by the International Organization for Electoral Systems (IFES), which dealt with several important links to raise the level of media in urging voters to register their biometric data and participate actively in the upcoming electoral entitlements through the introduction of electronic fingerprints through which the Commission The elections to deliver media messages to erase the fog that covered the clear and clear image after it was reflected by the recent parliamentary elections and restore confidence between the Commission as a solid institution and the citizen after the integrity and efficiency of the devices have been achieved Electronic used in the recent parliamentary elections. "
The meeting, according to the statement, "supports the basic partner of political parties, civil society organizations and the media in how to provide the appropriate atmosphere through finding solutions to all obstacles to media work."
He explained that "the commissioners and the head of the electoral administration expressed their full readiness to provide logistical materials and material and moral support in achieving a lot of the vocabulary of the plan and its objectives, which would bridge the gap between the citizen and the Commission, which is neutral in its work permanently."

 

The Federal Court clarifies: the right of defense is guaranteed .. and make the investigation a secret temporary measure

06/08/2019
Baghdad - Mawazine News 
The Supreme Federal Court confirmed on Tuesday that making the investigation secret is an "interim measure" related to the security of the community, stressing the possibility of access to it after the disappearance of its circumstances, stressing that this procedure is subject to appeal in accordance with the law, explaining that the right of defense is guaranteed. 
"The Federal Supreme Court held its session under the chairmanship of Judge Medhat al-Mahmoud and the presence of all the members of the judges, and considered an appeal filed by three lawyers, including the President of the House of Representatives in addition to his employment," the spokesman of the court, Ayas al-Samuk, said in a statement. 
"The plaintiffs challenged article 57 (a) of the Criminal Procedures Law No. 23 of 1973, which states that" the accused, the complainant and the plaintiff have the civil right, and the civil person is responsible for the act of the accused and their agents, To prevent any of them from attending, if necessary, for reasons to be recorded in the record, to allow them to see the investigation merely for the disappearance of this necessity and they may speak only permission to them and if he does not authorize this must be recorded in the record. 
He pointed out that "the plaintiffs went to the fact that the legislator did not make the presence of the agent of the accused Jubia during the interrogation sessions, but a passport, and authorized the judge or the investigator to prevent any of the above mentioned from the presence and this contravenes the provision of paragraph (IV) of Article (19) The right of defense is sacred and guaranteed at all stages of investigation and trial "). 
He added that "the plaintiffs demanded that the article 57 (a) of the Code of Criminal Procedure be unconstitutional for violating article 19 (IV) of the Constitution." 
He pointed out that "the court listened to the statements of the parties, and found that the restriction established by the legislator under Article (57 / a) contested unconstitutionality regarding the presence of litigants sessions of the investigation is a temporary restriction of specific cases related to the security and safety of society and the preservation of the public good. 
"The Supreme Federal Court has stated that what happens in their absence will be announced after the disappearance of the conditions of confidentiality, and they can appeal the procedure according to the law." 
He stressed that "the Federal Supreme Court, found that the release of the freedom to discuss complainants and witnesses without the authorization of the court, lead to the disruption of the meeting and good conduct." 
"The Supreme Federal Court has confirmed that the hearing of the hearing, investigation or trial is entrusted to the President of the Court on the basis of Article 63/1 of the Civil Procedure Law No. 83 of 1969 and Articles 64 and 168 of the Criminal Procedure Law No. 23) of 1971 (amended) ". 
He added that the Federal Supreme Court stated that it is claiming that the text of the article subject to appeal limited the presence of the defense in the role of the investigation, the other texts confirmed his presence during the trial proceedings. If the defendant does not have a lawyer, the court will assign him a lawyer and the budget will bear his fees. 
He went on to say that the Federal Supreme Court ruled that Article 57 (a) of the Criminal Procedure Law, which is contested as unconstitutional, has guaranteed the right of defense of the accused and thus complies with article 19 (IV) of the Constitution and does not violate it.
 
In the document .. Industry details the details of the decision to exempt and assign general managers within the administrative staff
 
Political 12:11 - 06/08/2019
Baghdad - Mawazine News
On Tuesday, the Ministry of Industry and Minerals clarified what it described as "confusion" in understanding the book of the Secretariat General of the Council of Ministers on the assignment, rotation and exemption of Directors General in the formations of the Ministry of the General.
The Director General of the Administrative and Financial Department of the Ministry, Diyar Abdullah Khalil, in a statement received / Mawazin News / copies, "The confusion in understanding the contents of the book of the Legal Department in the Secretariat General of the Council of Ministers No. 2266 on 25/7/2019 regarding the assignment and rotation And the exemption of general managers and holders of private positions in the center of the ministry and its general formations in response to the circulation of various media.
She added that "the book of the Secretariat General of the Council of Ministers mentioned confirmation of the instructions and controls issued by the General Secretariat of the Council of Ministers (the previous) on the procedures of commissioning and recycling and exemption for general managers and senior officeholders."
She pointed out that "a book was issued by the Legal Department in the General Secretariat of the Council of Ministers No. 2551 on 23/1/2019, which includes directing the Prime Minister to promote requests for appointment and assignment through his office."
She pointed out that "what was reported by some media regarding the interpretation of this book are just baseless allegations."
Wisdom: The government's report is just figures and unrealistic words
11:03 - 06/08/2019
Information / Baghdad ..
The leader of the stream of wisdom, Mohamed Hossam, Tuesday, that the government report only numbers and words that do not have any realism, pointing out that his current will take practical steps in the House of Representatives to hold the government accountable.
Hossam said in a statement to Al-Maaloumah that "what is mentioned in the government's report is mere numbers and words that are unrealistic, and often confused between real achievement and the mere signing of a contract or a project on paper."
He added that "the current intends to take further steps after the issuance of his cross-report with the government's report," noting that "the current wisdom is unable at this stage to hold the government seriously because it has only 20 parliamentary seats and the mood in parliament is not cooperating and solidarity with the government."
It is noteworthy that the government report issued by the Council of Ministers for a statement Manfh of the ministerial program during the first six months faced several criticisms by the political blocs before being presented to parliament. Ending / 25

Seized Oil Tanker in Gulf Belongs to Iraq: Iran

 
BasNews 06/8/2019 - 00:34 Published in Middle East
The oil tanker which was seized in the Gulf for smuggling fuel was an Iraqi vessel, Iran said on Sunday, hours from initial reports of the seizure of a foreign ship in the region by Iranian forces.
Earlier the day, IRNA said that the Iranian forces had seized a foreign tanker in the Gulf without revealing which country the ship belonged to.
"The IRGC’s naval forces have seized a foreign oil tanker in the Persian Gulf that was smuggling fuel for some Arab countries," the report quoted the country’s Islamic Revolutionary Guard Corps (IRGC) Commander Ramezan Zirahi.
According to the commander, seven crewmen were also detained on the vessel which was carrying 700,000 liters of fuel.
"The seizure of the oil tanker was in coordination with Iran’s judiciary authorities and based on their order," Ziahi added.
However, IRNA quoted a statement by Iran’s Revolutionary Guards Corps as explaining that the vessel was from Iraq, smuggling Iranian fuel.
No. 2551 on 23/1/2019, which includes directing the Prime Minister to promote applications for appointment and assignment through his office. "
 
Kauaihn Economic Times:
 
ECONOMIC TIMES / CHATTER

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GLOBAL/NEWS/INFO


Today in History
Today in History

Read in ABC News: https://apple.news/ARxT1BLpiSqCJeAjNEMsZ6g


Working Americans Doubt Durability of Retirement Income, Growing Body of Research Finds
Most Americans don’t believe their savings and sources of income will last throughout their retirement, according to the latest survey to assess retirement readiness and confidence.

Read in Barron's: https://apple.news/AzS-9A2mrQL-SSE-bmk655Q


Yen And Gold Soar, Yuan Sinks As Trade War Savages Markets | Action Forex
Safe havens such as the yen and gold surge as heated trade tensions extend broad sell-off in risk assets Yuan breaks past 7 per dollar level as PBOC gives green light to a weaker currency US dollar mixed as Fed rate cut expectations rise again Market rout deepens, yen rallies The fallout from the latest […] The post Yen And Gold Soar, Yuan Sinks As Trade War Savages Markets appeared first on Action Forex.

Read in Action Forex: https://apple.news/AYlElVxJ3N3GmjiSe9SYE-w


10 Things to Know for Today
Among 10 Things to Know: Twenty-nine killed in two mass shootings in less than 24 hours; AP investigation finds more than a dozen U.N. aid workers are accused of fraud, theft of Yemen Aid; Yankees sweep the Boston Red Sox despite injuries

Read in ABC News: https://apple.news/AitJXN75cThyDxYn83_yzmA


Dayton, Hong Kong, Kashmir: Your Monday Briefing -
The New York Times
Good morning.
We’re covering the aftermath of the mass shootings in Texas and Ohio, a citywide strike in Hong Kong, and India’s crackdown in the disputed region of Kashmir.
https://www.nytimes.com/2019/08/05/briefing/dayton-hong-kong-kashmir.html




OIL/COMMODITIES/ENERGY


Gold Prices Gain on Falling Equities Markets
Commodities Aug 05, 2019 05:05 GMT Investing.com - Gold prices rose on Monday in Asia amid escalating Sino-U.S. trade dispute, while political concerns in Hong Kong also spurred safe-haven demand. Gold futures for December delivery, traded on the Comex division of the New York Mercantile Exchange were up 0.5% at $1,464.20 by 1:20 AM ET (05:20 GMT). “Gold is certainly benefiting from the global concerns about the outlook for growth, and central banks are likely to maintain their accommodative

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Gold Rally Gets Another Lease On Life
Renewed trade war threat pushes gold prices out of holding pattern.Other commodities are weak, however, which is a potential problem.Gold mining stocks are still in strong hands and in good shape.

Read in Seeking Alpha: https://apple.news/AZONGGPngSm2Sj4ZtQca3Cg


PRECIOUS-Gold gains on weaker dollar, U.S.-China trade tension
Gold prices edged higher on Monday, helpedby a weaker dollar and escalating trade tension between theUnited States and China.

Read in Reuters: https://apple.news/AjK-s1wzjSD6TiSz6PFywzw


Energy & Precious Metals - Weekly Review and Calendar Ahead
By Barani Krishnan Investing.com - The U.S. may have some of the most sophisticated early detection systems in the world, but there's nothing in the entire arsenal that can...
https://www.investing.com/news/commodities-news/energy--precious-metals--weekly-review-and-calendar-ahead-1944949

METALS-Copper hits 26-month low on fresh trade war concerns
London copper hit its lowest inmore than two years on Monday, after a trade war between theUnited States and China escalated, threatening global growth andmetals demand.

Read in Reuters: https://apple.news/AjMwHsl3gR8KaPIlxhOy8jQ


UWT: Take The Long Crude Trade
UWT follows the GSCI which gives exposure across Brent and WTI, however this isn't that strong of a benefit for its trackers. The GSCI is largely rolling in a backwardated market right now which means UWT will see leveraged tailwinds through time. Crude fundamentals are strongly bullish with OPEC driving the show.

Read in Seeking Alpha: https://apple.news/AB6wNkGJKRJKDuJZN4U-56g


Oil resumes steep drop as U.S.-China trade row raises demand worries
Oil futures resumed their drop Monday, tracking losses ripping through broader financial markets as concern for a prolonged trade war and its risk to global oil demand has been rekindled in recent days.

Read in MarketWatch: https://apple.news/A0qm6b_XNQG6bnrNPmRoVww


Oil Prices Down; Sino-U.S. Trade War in Focus
Commodities Aug 05, 2019 04:49 GMT Investing.com - Oil prices traded lower on Monday in Asia. Sino-U.S. trade war developments were in focus. U.S. Crude Oil WTI Futures fell 1.1% to $55.04 by 12:35 AM ET(04:35 GMT.). International Brent Oil Futures were down 1.2% to $61.16. Concerns that the U.S.-China trade war may further intensify eased somewhat after President Donald Trump reportedly said that proposed tariffs on China could be delayed or halted if Beijing “takes positive action.” During an

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BANKS/BANKING/CREDIT


Equifax and beyond: Protect yourself if your bank gets hacked
These are basic things everyone should know.

Read in CNET: https://apple.news/A6yfgtlqNSfGx_qVHptbm9Q


Nexo Launches a Debit Card That Lets You Not Spend Your Crypto
Arrington XRP Capital-backed financial startup Nexo unveiled a crypto card that lets users “spend the value of their crypto without actually spending it."

Read in CoinDesk: https://apple.news/A1T99xKkgQ1OUCg58NZ2W2Q


Apple Card customer agreement says no to cryptocurrencies and jailbreaking
You won't be able to buy Bitcoin with your Apple Card, and you'd better not hack the iPhone associated with your account.

Read in CNET: https://apple.news/AEtHhv9zuSHi1JdJwUoOd7w


Cabo Verde’s banking system remains vulnerable, central bank says
Cabo Verde’s financial system, particularly banking, continues to suffer from vulnerabilities that may affect the strength of its institutions, the archipelago’s central bank said. The central bank also said in its Financial Stability Report 2018 that this set of vulnerabilities leads to risks to financial stability, such as the bad loans, which are still considered...

Read in FurtherAfrica: https://apple.news/AVhC6A7cSRmOFyTIvqMeZkw


HSBC to cut 2 per cent of its workforce as lender looks to reduce costs
HSBC said it plans to cut less than 2 per cent of its workforce as the lender looks to reduce the rate of its cost growth in a more challenging market environment. As of June 30, the bank, which is based in London, but generates more than half of its…

Read in South China Morning Post: https://apple.news/AVpbrDDpeQEaD-EL3hh9DBQ


HSBC says John Flint out as CEO after 18 months
HSBC says CEO John Flint out after 18 months because bank needs new leadership

Read in ABC News: https://apple.news/AnCQijWEcQ5qtASVAqTCipw




TREASURIES/BONDS/STOCKS


Volatility In The Stock Market Is The NormThe Fed provides support for equities to some extent - trade issues do the opposite.Stocks stalled near the highs.We are coming up to the time of the year when stocks historically correct.A repeat of 2018?So many issues on the horizon - the VIX and VIXY on dips to capture the speed bumps and corrections.

Read in Seeking Alpha: https://apple.news/AKQeNX-NJQ4WDVWfeYztvpQ

Economic Calendar - Top 5 Things to Watch This WeekEconomy Aug 04, 2019 10:34 GMT Investing.com - Worries over mounting trade tensions look set to dominate market sentiment this week after U.S. President Donald Trump raised the stakes in the Sino- U.S. trade war and Beijing pledged to retaliate. Trade data due out from China on Thursday will be closely watched for signs of the impact on the economy. Investors will also be looking ahead to a fresh round of central bank decisions, following last week’s Federal Reserve rate cut. Fed speakers will

Read in Investing.com: https://apple.news/AuiYZZL3KQe6DA1T9dwotwg


Global trade fights will keep markets on edge1\. Trade wars: The world's three largest economies are engaged in trade conflicts. Two more heavyweights could soon have major trade issues of their own.

Read in CNN Business: https://apple.news/A76TKoeH0R3OpGek36cZh1w

Have We Seen The Top Of The Stock Market? Probably Not
It's been an ugly week, but we've seen uglier. Market down 5 of the last 7 days.Let's face it - this bull is tired. It needs fuel (a catalyst) if it's going to keep going higher.After the rate cut was announced, there was nowhere to go but down. Buy on the rumor and sell on the news.I frequently poll the smart money and they tell me that risks are high and playing smart defense is called for.

Read in Seeking Alpha: https://apple.news/A80mc1wk3TWC7FY5CX-MMtg


Top 5 Things to Know in the Market on Monday
Economy Aug 05, 2019 09:47 GMT Investing.com - Here are the top five things you need to know in financial markets on Monday, August 5: 1. Beijing strikes back at U.S. agriculture After U.S. President Donald Trump vowed place a 10% tariff on a further $300 billion in Chinese goods starting on Sept. 1 if progress was not made on trade negotiations, Beijing was reportedly taking retaliatory action on Monday. The Chinese government asked its state-owned enterprises to suspend imports of U.S.

Read in Investing.com: https://apple.news/At04VNC3wTi-miXlAXeJung




CRYPTO'S / DIGITAL CURRENCY

Weekly Digest: Bitcoin Price, Regulatory Updates and Everything In Between
A French inventor travelled across the English Channel to the UK on a hoverboard this morning. Proving that however disparate its politics are, Great Britain will always remain just 22 miles from mainland Europe. But what has been coming together in the world of Bitcoin and cryptocurrency this week? And what seems further away than ever? Bitcoin Price: A Surprising Upwards Move I’ve always said that Bitcoin is a bit of a contrarian. Once you expect it to do something then it will often do the

Read in Bitcoinist.net: https://apple.news/AQjIxhc2COOqR-T8gJ8xj2A


Bitcoin Price Analysis: Bulls Pushing BTC Towards $11,000
In my previous analysis, we looked at how bitcoin price action was trading in a key decision point. Now BTC bulls are heading back towards the $11,000 price mark forming a new uptrend. Bitcoin Price 1-Hour Chart On the 1 Hour chart for XBT/USD, we can see how the recent breakout of the asymmetrical triangle mentioned in a previous analysis has progressed over the last 3 days. The decision point range between $9,860 and $10,120 to determine the sustainability of the breakout has clearly broken to

Read in Bitcoinist.net: https://apple.news/AaWWxq0LuOme0ldzw7N8HMA


Blow To Bitcoin As iPhone-Maker Apple Reveals Sudden Swerve
Bitcoin and cryptocurrencies have been rallying hard so far this year, largely due to interest in crypto from some of the world's biggest technology companies, including social media giant Facebook, iPhone-maker Apple, and micro-blogging platform Twitter...

Read in Forbes: https://apple.news/AKs-OM9WmRCCgDqrFu6j8KQ


Bitcoin Price Could Surpass $15,000 This Week: Max Keiser
Early Bitcoin investor Max Keiser tweeted today that he foresees Bitcoin price smashing through the $15,000 mark sometime this week amid troubles with centralized government and banking The Bulls are Back in Town The price of Bitcoin has made a noticeable comeback this summer, coming from a low of $5,500 in early May to a top of nearly $13,000 in late June. Since then, the markets have cooled off putting the price of a single Bitcoin to $10,700 at the time of writing. On top of this bullish

Read in Bitcoinist.net: https://apple.news/A8WJbNYp5PYWutIkXGkPPtQ



CURRENCIES

Forex - Weekly Outlook: Aug 5 - 9
Forex Aug 04, 2019 11:34 GMT Investing.com - Demand for safe haven assets looks likely to be underpinned early this week amid heightened trade tensions after U.S. President Donald Trump raised the stakes in the Sino- U.S. trade war and Beijing pledged to retaliate. Currency traders will also be looking ahead to a fresh round of central bank decisions, following last week’s Federal Reserve rate cut. Fed speakers will be in focus, as investors try to gauge the future path of monetary policy. The

Read in Investing.com: https://apple.news/AqSySAyhHTnSlR_8tlV0tyQ

China Balance of Payments Deficit Risks Currency and Asset CrashA worker of an Industrial and Commercial Bank of China Ltd (ICBC) branch counts money as she serves a customer in the China (Shanghai) Pilot Free Trade zone during a media trip on Sept. 24, 2014. China’s falling savings rate coupled with increasing government directed investment rate threatens a balance of payments crisis that could crash currency and asset values. China became the “factory to the world” and built incredible infrastructure over the last three decades based on the strength of

Read in The Epoch Times: https://apple.news/AvTYszOa-Svmo13IRhLyXTw


Australian dollar down - Inside RetailAussie dollar declines against US counterpart. The post Australian dollar down appeared first on Inside Retail.

Read in Inside Retail: https://apple.news/AEPLI05pcNbSZyx34BWogiA


Forex - Yuan Falls Below 7 per Dollar as Trade Tensions Fuel SelloffForex Aug 05, 2019 07:05 GMT Investing.com - The Chinese yuan tumbled more than 1% on Monday, falling below 7 per U.S. dollar for the first time since the 2008 financial crisis, as fears over a sudden escalation in the U.S.-China trade war sparked a selloff in Asian currency markets. The yuan dropped below the 7 per dollar level, regarded as a major support level, falling to as low as 7.1097 per dollar in offshore trade and 7.0424 to the dollar onshore. "This could well be the biggest moment for

Read in Investing.com: https://apple.news/AAIoBhfIFRii0H1CDQQcIqw


China's yuan falls to lowest level in a decadeThe Chinese yuan slid below 7 to the US dollar on Monday. It's a critical threshold for the currency that hasn't been breached in more than a decade, and the latest sign of how far the US-China trade war has escalated.

Read in CNN Business: https://apple.news/AZHUxY7rTSHCha0Iy3ZJRmA

China's yuan falls below 7 to US dollarChina's yuan falls below 7 to US dollar, possibly fueling tension with Washington

Read in ABC News: https://apple.news/ALwYs-0lxQp2Lqnk-oOn8jg

Currency War Begins - Chinese Yuan Crashes Past 7/USD To Record Low


Forex - Yen Attracts Safe-Haven Demand; Yuan Plunges Beyond 7 per DollarForex Aug 05, 2019 04:25 GMT Investing.com - The Japanese yen rose against the U.S. dollar on Monday in Asia as traders seek safe-haven amid tensions between Washington and Beijing, while escalated protests in Hong Kong also dampened investor sentiment. Sino-U.S. trade tensions returned to focus after U.S. President Donald Trump unexpectedly announced late last week an additional 10% tariff on $300 billion worth of Chinese imports that will kick in on Sept 1. Officials are set to hold the next

Read in Investing.com: https://apple.news/AEytnPzAJSoSx5tmE5Wvuhw


HEALTH / SCIENCE


Dangerous Bacteria Suspends Services At Hot Springs National Park
People have long believed that the waters of Hot Springs National Park contained medicinal and healing properties. Today, new tests reveal these waters also hold a dangerous strain of bacteria.

Read in National Parks Traveler: https://apple.news/AZKrVtq2CSoyH7RQ0_nu3lQ


How Nature Can Improve Your Family's Mental Health, According To Science
New research has found that spending more time in nature could be linked to better mental health and increased happiness for your whole family.

Read in YourTango: https://apple.news/ACOnS4axZQ4urr3pIXRFELw


Doctors halt menopause: Revolutionary procedure delays it by 20 years
Dixie-Louise Dexter (pictured), 33, is among those to undergo the procedure and described the ovarian transplant surgery to delay her menopause as 'life-changing'.

Read in Daily Mail: https://apple.news/A3zwJDTZTQlqn8EKdbCZEjQ


If It Feels Like It's Impossible to Lose Belly Fat, This Is What an Expert Wants You to Do
The number one rule to lose belly fat is that spot reduction doesn't work. If you're trying to lose belly fat and wondering why it takes so long to get rid of it, it's because "when someone loses weight, we cannot dictate where the fat comes from," Jason Machowsky, RD, CSSD, CSCS, a board-certified ...

Read in POPSUGAR: https://apple.news/ALfu5OdIkTamOWzZH9h475g


How the hospital lobby derailed legislation to protect you from surprise hospital bills
California hospitals killed a measure aimed at protecting patients from surprise hospital bills

Read in Los Angeles Times: https://apple.news/Ar_pQqvKURw-hUjiKZD_-9g


Drug Price Info Is No Cure for Sticker Shock
Efforts to curb spending raise questions about just how competitive health care can be.

Read in Kiplinger: https://apple.news/AuAecHKmxQvWpOYgozjbKCw


Charity becomes a lifeline even for Americans with health insurance as deductibles soar
Medical charities and crowd-funding have long helped fill the gaps for Americans who lack health coverage. Increasingly now, charity has also become a lifeline for Americans who have insurance but still can't pay their bills — a result of a revolution in health insurance that has seen deductibles more than triple.

Read in Los Angeles Times: https://apple.news/Arxmf7Df0RbeIBbc4sp37jw


The deadly infection killing 5,000 Australians every year
Medical experts are warning Australians on how to spot the signs of sepsis as 5,000 people die from the deadly infection yearly - but only 14 per cent know the signs of the illness.

Read in Daily Mail: https://apple.news/As8P0g0YKRgC7ObTBK_PpUQ



USA / CANADA

Weighing The Week Ahead: Did The Facts Change Your Mind?
The market handled three of four hurdles last week -- economic data, earnings and the Fed.A 2.5% economy remains the base case and earnings are improving. The Fed did as expected, but without future promises.The fourth hurdle was the fallout from the US/China trade talks. No progress, so the President plans to implement new tariffs.Whether this will happen or be even worse is not known, but the immediate reaction was a rush out of stocks.Long-term investors need to decide if they plan to enter

Read in Seeking Alpha: https://apple.news/Aip4naTA2TzSuMbsZnCjkxw


Washington urges Australia to ‘be partner’ in confronting Iran in Gulf standoff
The US is seeking to pull Australia into its escalating row with Tehran, with Secretary of State Mike Pompeo requesting Canberra’s help to secure shipping routes against “unprovoked attacks” in the Strait of Hormuz.

Read in RT News: https://apple.news/AZScylFGSQcC185q_t0-T7Q


US still seeks allies in Gulf maritime coalition
Senior U.S. leaders expressed confidence that they will be able to convince allies to help protect shipping in the Persian Gulf area against Iranian threats, but they provided no new details Sunday on which nations may be willing to participate

Read in ABC News: https://apple.news/ATQRIeBLgTIKFailYBvlBmA


U.S. State Department welcomes news of ceasefire in northwest Syria
The U.S. State Department on Saturday said it welcomed news of a ceasefire in Northwest Syria - the last rebel bastion in the country - and urged for an end to attacks on civilians.

Read in Reuters: https://apple.news/Aj4r5zd1SR3SjT-ZAiW6zog


Trump's economy is booming — repealing tariffs will boost it even more
Coupled with all of the great economic news is a dark cloud looming on the horizon: tariffs.

Read in The Hill: https://apple.news/AN2kflIYuT7uJE7HeN0DKgQ


Another weekend, two more mass shootings in America
A beloved Northern California festival, a neighborhood Walmart in Mississippi, another Walmart near the US-Mexico border and a popular entertainment district. All four were the scenes of shootings in the last week — events that together left at least 34 people dead and more than 50 wounded.

Read in CNN: https://apple.news/AaEO7hbxGQIOeOpFogGZC1w


Water in Hawaii volcano could trigger explosive eruptions
A small pond of water has been discovered inside the summit crater of Hawaii's Kilauea volcano for the first time in recorded history, possibly signaling a shift to a more explosive phase of future eruptions

Read in ABC News: https://apple.news/AiAGfMGyxSemGDAP3gGG54w



EMERGING MARKETS

Mexico moves to make labor unions more democratic
New rules to make Mexican labor union elections more democratic have taken effect, but unions have four years to comply with the measure requiring sected ballots on contracts

Read in ABC News: https://apple.news/AoWf8b2Y-RJa56Fb3_HuviQ

Audit regulator fines PwC Mexico $100,000 for violating independence rules
The U.S. audit industry regulator on Friday fined PricewaterhouseCoopers S.C., the global auditor's Mexican firm, $100,000 for violating auditor independence rules in its relationship with Banco Santander Mexico , one of the largest financial services holding companies in Mexico. Auditor independence rules require a registered public accounting firm to be independent of its listed audit clients throughout the audit and professional engagement period. According to the Public Company Accounting

Read in MarketWatch: https://apple.news/AJs-LNELfTSGCbA2mHmJhSA


MIDDLE EAST


Boursa Kuwait announces Eid Al Adha Holiday
Kuwait – Mubasher: Boursa Kuwait on Sunday announced a three-day holiday on the occasion of Eid Al Adha. The Kuwaiti stock market will be shut as of Sunday, 11 August until Tuesday, 13 August, according to a statement. Trading activities will …

Read in Mubasher: https://apple.news/AzWfiJED4OJmpc13su-GT0g


Saudi energy minister says he discussed oil markets with Russian counterpart
Saudi Arabia would continue to comply with production cuts until the end of Q1 2020, he said

Read in Gulf Business: https://apple.news/AgkDWNHXJSCqO1njAbwy1Mw


Saudi Arabia announces sweeping new reforms for women
Women over the age of 21 no longer need permission from their male guardian to travel

Read in Gulf Business: https://apple.news/AnfgDMYWTRgC45Ygc4WFg2Q


Nine Countries Willing to Buy Iranian Gasoline: Official
An energy official says the high-quality gasoline produced in Iran is so reasonably priced that nine neighbouring states are competing for a share of the fuel.

Read in IFP News: https://apple.news/AqyYPAUX2QrOWDGW8hOyrkw


Iran 'turned down' Trump's invite to Zarif for White House talks
Iran's government has confirmed turning down an offer of talks from the United States as tensions between the two countries show no sign of abating. The comments by government spokesman Ali Rabiei on Sunday came after the New Yorker magazine reported on Friday that US Senator Rand Paul, acting with permission from President Donald Trump, had extended an invitation to Iran's foreign minister during his visit to New York last month for meetings at the United Nations. Mohammad Javad Zarif told Paul

Read in Aljazeera: https://apple.news/ADXYfOBC2M_2pRcyb1KynyQ


Iran seizes another foreign oil tanker in Persian Gulf, state TV reports
The report comes weeks after the Revolutionary Guard seized a British oil tanker in the Strait of Hormuz, an incident that inflamed tensions amid renewed hostility between Iran and the West.

Read in NBC News: https://apple.news/A_a47WWp_Ryub_BZLC3fqSg


How Israel and Iran Teamed up to Crush Iraq's Nuclear Bomb Program
Sebastien Roblin History, Middle East With force. Now, the famous Israeli Operation Opera that destroyed the Osirak reactor was still nine months away. At dawn on September 30, 1980 four American-made F-4E Phantom jets screamed low over central Iraq, each laden with air-to-air missiles and three thousand pounds of bombs. Prior to entering Iraqi airspace they had rendezvoused for aerial refueling with a Boeing 707 tanker escorted by two more advanced F-14 Tomcat fighters—the type immortalized six

Read in The National Interest: https://apple.news/Agd6pEbAhPqqVcNH3qIDyrw


MIDEAST STOCKS-Weighed down by bank stocks, Saudi market dips after U.S. rate cut
Saudi Arabian equities declined onSunday, weighed down by banking shares, in line with majormarkets on Friday after the U.S. Federal Reserve cut interestrates, which was followed by rate cuts by most Gulf centralbanks.

Read in Reuters: https://apple.news/AkW8T046FSxWL_yZslzTynw


AFRICA


What's the cost of piracy in West African waters?
A decade ago, no ship was safe off the coast of Somalia; men armed with machine guns in small boats would target vessels, including aid ships from the World Food Programme. The menace of piracy continues to plague the region, impeding its security and economic development. It is also increasing in the Gulf of Guinea, an area that covers 11,000 kilometres of coastline from Angola to Senegal. Fishing boats are sometimes targeted but most attacks are carried out on oil and gas tankers. The region

Read in Aljazeera: https://apple.news/AO8kj_NP8OG-2gxYSigtzGQ


DR Congo Ebola crisis: Health workers try to contain virus
Authorities in the Democratic Republic of the Congo (DRC) are racing to contain the Ebola virus after an infected man with a large family contaminated several people, amid fears the epidemic could last two to three years in the country. Checks have been stepped up along the border with Rwanda to stop the spread of the virus. Al Jazeera's Stefanie Dekker reports from the capital, Kigali.

Read in Aljazeera: https://apple.news/AAy6dpy5cNf6g-enm-mGjZQ


West Africa - Using Data to Prevent Drought
Climate change will hit Africa particularly hard, fuelling drought, heat and crop failures. Researchers are working to prepare the west of the continent for this scenario - with help from Germany. A few metal bars, a lot of sensors and some plastic; these are the ingredients meant to help West African researchers in their efforts to combat climate change. Since 2010, some 50 weather observation stations have been built with these items by African universities in Benin, Ghana, Togo and eight

Read in AllAfrica: https://apple.news/AGvwF9RBXNb6wyvQzDX36Uw


Africa Needs Better Science Capacity to Meet Environmental Challenges
Humanity faces unprecedented environmental challenges. Nowhere are the challenges greater than in Africa, the second most populous continent. Over the next century Africa will replace Asia as the driver of global population increase and the impact of climate change will be severe. Already, an area more than half the size of Nigeria has been deforested. And by 2100, more than half of all bird and mammal species in Africa are projected to be lost. With colleagues, we recently brought these strands

Read in AllAfrica: https://apple.news/AkwV_35ltPjinCB4kWBBnjw



ASIA


Japan, U.S. target broad bilateral trade deal by September: Nikkei
Japan and the United States have agreed to target a broad deal on bilateral trade by September, seeking to bridge differences of opinion over tariffs on beef and the automobile sector, the Nikkei business daily reported on Sunday.

Read in Reuters: https://apple.news/AyFvg6ojHRqibI8k6iH0d-w


Japan earthquake: Fukushima rocked by strong 6.2 earthquake - Ring of Fire on alert
JAPAN has been rocked by a strong 6.2 earthquake in the Fukushima Prefecture, the home to the nuclear power plant devastated in the 2011 earthquake and tsunami. No tsunami warning has been issued, the Japan Meteorological Agency said. The epicentre of the 7.23 pmearthquake was off the coast of Fukushima prefecture and measured at a depth of 50 km , the agency said. There were no were immediate reports of damage. Earthquake hits El Salvador: Strong quake strikes the country Earthquake warning:

Read in Express: https://apple.news/AEwLxAfBvOdKTSw5U0iH1-A


Chinese money transformed a sleepy beach town in Cambodia. Then came disaster
A deadly building collapse in Cambodia exposes the dark side of Chinese investment in emerging economies.

Read in Los Angeles Times: https://apple.news/ACYoNb7o_T76P7dgHm7AKpg


China hits back at Trump by halting U.S. crop purchases and weakening its currency
China responded to Donald Trump’s tariff threat with another escalation of the trade war on Monday, letting the yuan tumble to the weakest level in more than a decade and asking state-owned companies to suspend imports of U.S. agricultural products.

Read in Bloomberg: https://apple.news/A1kkaa-jOSviMZX2g5Bvt8Q


Asian Markets Fall; Hang Seng Index Slumps Amid Citywide Strike
Stock Markets Aug 05, 2019 03:00 GMT Investing.com - Asian markets fell in morning trade on Monday. Hong Kong's Hang Seng Index slumped amid a citywide strike that saw protesters blocked roads, cross-harbour tunnels and disrupted public transportation services to force the government to give in to demands. The Hang Seng Index was down 3.1% by 11:01 PM ET (03:01 GMT). Carrie Lam, Hong Kong's chief executive, held a press conference on Monday morning with eight other top officials and said the

Read in Investing.com: https://apple.news/AuSDqanWmTC-l-f773iLQug


The Chinese Market Will Never Be The Same
Capital inflows from China to the United States have declined drastically according to recent FDI and real estate data.US agriculture exports to China have also drastically declined as shown by the effects of steep tariffs on cherries and soybeans.The burgeoning US energy industry could see the Chinese market closed as tariffs have caused exports to China reduced significantly and uncertainty hindering development in trade relationships.

Read in Seeking Alpha: https://apple.news/A5ytJvX7jSrOoW_Qbqahrzg


Snubbed by North Korea, Pompeo hits other Asian turbulence
U.S. Secretary of State Mike Pompeo has left Thailand with his hopes for resuming nuclear talks with North Korea dashed

Read in ABC News: https://apple.news/A5AcFsS6yQdCc2UG_9bcxTA


South China sea news: Fears of total war ERUPT as Beijing increases water control
SOUTH CHINA SEA have erupted boosting fears of open conflict after Beijing cut a secret deal with Cambodia which could extend their control in the contentious waters. Reports that China cut a deal with Cambodia to use part of a naval base is raising concerns that Beijing could extend its territory in the South China Sea which includes the Malacca Strait. A deal signed earlier this year between Cambodia and China would give Beijing exclusive rights to a 62-acre zone of the 190-acre Ream naval

Read in Express: https://apple.news/AXqA6-25jOK-v6_QJ7fcvGw


South China Sea: Worries about bloodbath intensifies as Malaysia confronts Beijing
FEARS tensions in the South China Sea could spill into open war surged after a coalition of Beijing was confronted by a coalition of its neighbours, with the Malaysian Foreign Minister admitting “we are worried”. The warning was delivered the 52nd Asean Foreign Ministers’ Meeting, which finished yesterday. Asean is an economic and security partnership involving ten south-east Asian states, several of which have territorial disputes with China. Beijing claims sovereignty over much of the South

Read in Express: https://apple.news/AyUMjC6u8NH6hBV4xtS7Ocw


South Korea to boost R&D spending to reduce Japan reliance
South Korea will spend $6.5 billion over seven years on research and development for technology materials and parts to reduce its industrial dependence on Japan during an escalating trade row

Read in ABC News: https://apple.news/AYdnDCoiPQvufl-rGTn2IFw


Indonesia's Jakarta hit by major power blackout | DW | 04.08.2019
Jakarta's new mass rapid transit (MRT) system had to be evacuated on Sunday after the Indonesian capital was hit by huge power cut. The country's state electricity company PLN blamed problems at a number of power stations on Java island for the outage, which also affected several neighboring provinces. PLN said the outage began at 11:50 a.m. local time (0450 UTC). Read more:Indonesia matchstick factory fire kills dozens of people The power cut caused traffic lights to go out and left trains on

Read in DW: https://apple.news/Aq7u0cSDHM7iuZGwP_Z_Z8g



EUROPE


Brexit secretary urges EU negotiator Michel Barnier to seek new ‘mandate’ from leaders
Stephen Barclay has called on Michel Barnier, the EU’s chief Brexit negotiator, to seek a new “mandate” from member states if he wants to avoid a no-deal Brexit.

Read in The Independent: https://apple.news/APm8G0QC4SVaj_1fHNu_WOQ


'Miracle' needed for quick EU-Swiss treaty deal, Swiss minister says
It would take a "miracle" for Switzerland and the European Union to clinch a quick deal over a stalled partnership treaty that has disrupted cross-border share trading and strained bilateral ties, Swiss Foreign Minister Ignazio Cassis said.

Read in Reuters: https://apple.news/AmPBIUCjPSmCEmL7hz96gHQ


Brexit block: Why David Cameron's 'Achilles Heel' has led to chaos - 'Why we're stuck!'
DAVID CAMERON has been causing the Brexit "mess" the British Government is currently embroiled in by introducing an "Achilles heel" into the referendum, journalist Jonny Gould has claimed. David Cameron announced plans to hold a Brexit referendum to deliver on his 2015 general election pledge for such a vote but once the results were announced he was quick to quit his post. Three years on the British Government is still attempting to deliver on the demands of the British people and have the UK

Read in Express: https://apple.news/AdvQDfER2NKWV571rCZ1LIQ


It’s time to take climate emergency seriously, warns Labour’s BARRY GARDINER
LAST week we had the hottest day the UK has ever seen. This week we got freak summer hailstones and flash floods that crippled whole communities in England. Really, the unpredictable chaos of it all is enough to make our new Prime Minister look like a paragon of consistency! So just for a moment when Mr Johnson stood on the steps of Downing Street and proclaimed: “The doubters, the doomsters, the gloomsters – they are going to get it wrong”. I couldn’t help thinking he was talking about climate

Read in Express: https://apple.news/Arl3BQu7gMw6UJqnqlJsjtQ


No deal Brexit means food shortages and shut schools claims leaked report - Project Fear?
AN INCENDIARY leaked Government report suggests there could be food shortages and school closures in the event of a no deal Brexit, but critics are likely to claim this is a return of anti-Brexit ‘Project Fear’. The five page Department for Education analysis was acquired by The Observer newspaper. It also warned teachers may be unable to get to school due to travel chaos, especially in Kent. The report was marked as “Officially Sensitive” with readers instructed not to circulate it.

Read in Express: https://apple.news/AtWMWkp0LMXiVD-JErvm6Qg


Stuck with Theresa May' Brexit Party MEP blasts Tories demanding party steps aside
BREXIT PARTY MEP Claire Fox hit back at claims suggesting her party should step aside on the political scene due to Boris Johnson now being in charge of Brexit. The resurgence in the poll of the Conservative Party since Boris Johnson was elected last week prompted political analysts to suggest the Brexit Party had played its role in helping deliver Brexit. But Claire Fox, who only two months ago became one of the 29 MEPs the newly-created party delivered to the European Union's parliament,

Read in Express: https://apple.news/ALtAn_OBiPGu4GtowN51v1w
 
U.S. stock futures were pointing to a sharply lower open on Wall Street, which would extend losses for stocks following the worst week of 2019 for the S&P 500 and Nasdaq. Losses today's close would give the S&P 500 its longest losing streak since last October, while the Nasdaq would have its longest skid since November 2016. Today's indicated drop comes as China allows its currency to slide to its lowest level in more than a decade, with no solution in sight to the U.S.-China trade dispute. (CNBC)
The Chinese currency crossed the closely watched seven-yuan-for-a-dollar barrier today after another escalation in the trade war between Beijing and Washington. The sharp weakening in the Chinese currencycame after President Donald Trump unexpectedly announced fresh tariffs on China last week, which are set to take effect on Sept. 1. (CNBC)
10-year Treasury yield falls to nearly three-year low as investors flee to safer assets (CNBC)
 Bitcoin surges past $11,000 as global stocks dive on trade worries (CNBC)

Trump overruled the adamant objections of nearly his entire trade team when he ordered the upcoming imposition of 10% tariffs on China's remaining $300 billion of exports to the U.S. Only Peter Navarro, a China hawk, did not object. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer
 
U.S. stock futures were pointing to a sharply lower open on Wall Street, which would extend losses for stocks following the worst week of 2019 for the S&P 500 and Nasdaq. Losses today's close would give the S&P 500 its longest losing streak since last October, while the Nasdaq would have its longest skid since November 2016. Today's indicated drop comes as China allows its currency to slide to its lowest level in more than a decade, with no solution in sight to the U.S.-China trade dispute. (CNBC)

The Chinese currency crossed the closely watched seven-yuan-for-a-dollar barrier today after another escalation in the trade war between Beijing and Washington. The sharp weakening in the Chinese currencycame after President Donald Trump unexpectedly announced fresh tariffs on China last week, which are set to take effect on Sept. 1. (CNBC)

* 10-year Treasury yield falls to nearly three-year low as investors flee to safer assets (CNBC)
* Bitcoin surges past $11,000 as global stocks dive on trade worries (CNBC)

Trump overruled the adamant objections of nearly his entire trade team when he ordered the upcoming imposition of 10% tariffs on China's remaining $300 billion of exports to the U.S. Only Peter Navarro, a China hawk, did not object. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer
d
 
CBI, ISX, Kauaihn Chatter:
 
CBI Update:
 
 
The CBI for Tuesday 8/6/19 did update on the indicative rates Sell Rate 1190
The currency auction is 227,146,646
There is one news and announcements.
Requirements for granting licenses to companies incorporated under the category (A, B)

To (companies incorporated under category A, B) All (License Grant Requirements) [Count.August 06, 2019To (companies incorporated under category A, B) All (License Grant Requirements)
[Issue: 333/5/9 Date: 2019/8/5]
Based on the decision of the Board of Directors of this bank in its session No. 1583 dated 23/6/2019, which includes the approval of granting the license to merged companies immediately after the completion of the procedures of the registration department of companies and start its activity as one company, including the activity of entry into the window of sale and purchase of foreign currencies. Complete the requirements of this bank within a period of (3) months from the date of granting the initial approval.
    
    »To meet the above requirements for the purpose of providing us with the following as soon as possible so that we can complete the procedures for granting you the license .. Click here

     
ISX Update:
Click on the link above for the latest update.
 
Value Traded:
 
Shares Traded:
 
ISX ended in Green
 
Kauaihn Chatter:dd
 
http://www.dinarguru.com/
 
 
 
8-6-2019   Intel Guru MarkZ   [via PDK]   [Everyone says I am crazy and being scammed] Warren Buffet bought a lot of Dinar and he doesn’t fall for scams. Reserves may have been a scam...we all fell for that...but the Dinar investment is definitely not a scam.
 
8-5-2019   Intel Guru MarkZ   [via PDK]   [Any updates from Wells Fargo getting the 800 #'s ?]    This weekend I heard from a treasure contact and a WF contact that the Treasury was finally ready and that WF didn’t believe it…the boy who cried wolf kinda thing...WF didn’t believe it and wasn’t ready is what we heard. We are hearing they are ready today.  [You don't seriously believe that this didn't happen cuz the banks weren't ready, do you? That’s what they told us... I believe that it could have happened but it would only take a short time for the bank to get ready to go…maybe 12 hours tops...Do I believe that this caused a delay of days...no I do not.
8-5-2019   Intel Guru Eagleone2025   [via PDK]   ...AS I SAID IN MAY THERE WOULD BE THREE MAJOR WINDOWS I TOLD SEVERAL PEOPLE THOSE WINDOWS.  I ALSO SAID THERE WOULD BE A CHANCE IN SOME OF THE OTHER SMALL WINDOWS. EARLY IN THE YEAR I TALKED ABOUT SOME SERIOUS EVENTS WOULD TAKE PLACE.   I TALKED ABOUT SEE YOU IN SEPT - OCT. AND OVER THE 60 DAYS THERE WOULD BE SERIOUS EVENTS. ...AS I SAID I HOPE I AM WRONG ABOUT TIME FRAME. I HOPE WE ARE IN THE BANKS SOON.

8-5-2019   Newshound/Intel Guru Dinar Investor - Jeff     Delete the zeros can mean one of two things...It's based on a country's economy and where their economy and where their inflation is at...some countries...had a poor economy with high inflation.  So what they would do is replace larger notes with smaller notes and they don't change the rate. What they've essentially done is devalue the currency that eases inflation.  That's one scenario.  Second Scenario which is what the Iraq Central Bank has told us they're gonna do... [post 1 of 2....stay tuned]

8-5-2019   Intel Guru MarkZ   [via PDK]   I have talked to a number of contacts there and Iraq is beyond ready to go...they are telling us every day they are ready to go…they are waiting on the rest of the world and desperately hope we hurry up because we are affecting their stability as a nation.   [Does anything else need to be accomplished?]  IMO they just need to say “go” and we are done.  [...do you think today is the day?]  It could be... I think they are setting the stage for it.  My military sources are still saying anytime before Aug. 15th and banking contacts are saying it should be right now.
8-5-2019   Newshound/Intel Guru Mnt Goat    Many of these stashes of currencies have been hidden for a very long time and are damaged and so the banks must have some standard to reject them. They will be turning them into the CBI and so they must follow the CBI. Folks this is a small indication but an important one that Iraq is getting ready to end the currency auctions and when they do we know they must use the Iraqi dinar for trade. When they do this they must raise the value and complete the project to delete the zeros. This is when we go to the bank and not before... [post 2 of 2]
 
 
8-5-2019 Newshound/Intel Guru Mnt Goat "CBI SETS THE CRITERIA FOR THE REJECTION OF BANKNOTES OF THE DOLLAR AND THE EURO" ...so this article may not seem so important. But why are they now establishing such criteria and outlining this to the banks now? Remember this is for collection of the Us dollar and the Euro not the dinar. So if the dinar is reinstated and it is higher than the USD and the Euro won’t citizens want to bring these foreign currencies to the bank and exchange them (to get rid of them)? [post 1 of 2....stay tuned]
 
 
Elmer:
 
Not in today
 
Artmeister:
 
Not in today
 
Catnip:

 
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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.

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ARTICLE 2 (from Government of Iraq twitter account)
  1. PM @AdilAbdAlMahdi welcomes in Baghdad the most outstanding students from all Iraqi provinces, congratulates them on their success and pays tribute to their achievement, hard work and determination to succeed and build a prosperous Iraq.
  1. PM @AdilAbdAlMahdi addressing students in Baghdad: As we celebrate your successes we remember the sacrifices of our heroic Armed Forces who defeated terrorism and made it possible for young people to study and lay the foundations for the future of our country.

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ARTICLE 3

President of the Republic: The reality of Iraq today is not consistent with the aspirations of Iraqis
2019/8/5 16:10
[Baghdad-where]

The President of the Republic, Barham Salih, stressed the Iraqis' commitment to excellence and creativity, and overcoming the most difficult circumstances, thanks to their great sacrifices.

"Today we have tough challenges and tougher realities, but your challenge has been great and your success is the best response," President Saleh said in a speech at a ceremony honoring the top students of the preparatory stage of all the provinces set up by the presidency. The Iraqi experience is unique because the Iraqi is sticking to life and superiority, even if the two countries have gone through what Iraq has gone through completely collapsed. "

"I am very happy to meet you here at the Peace Palace. I congratulate you on this success and excellence. I also congratulate you and your people for your success. I have followed the warmness of the Iraqis with your success and excellence, which is indicative of our success and excellence in not only your people but the future of this country. "Noting that" your superiority achieved under difficult circumstances and compelling, and what you have achieved is an achievement we cherish as Iraqis, and me as president. "

He pointed out that "he ordered us from the harsh and difficult conditions of tyranny, arbitrariness, discrimination, mass graves, chemical bombardment, extermination campaigns and so on, and ended our country into the maze of wars and siege led by education and services to what we live today."

"The Iraqis deserve a lot better, and what we have today are achievements and progress is what your fathers and mothers and our previous generations gave you great sacrifices in order to give you an opportunity to build Iraq suitable for the Iraqis, Iraq is restoring the former glory of civilization and the top in all fields.

He added: "We celebrate you and celebrate in you all the good for the future of the country. Personally, I cherish this day. When you heard the stories of your superiority, I remembered the moment when I received the results of the general exams. Unfortunately, then, the conditions of tyranny did not allow us to honor the presidency. (96.6%) and won the first place on Sulaymaniyah, the first on the Kurdistan region or what was known as (autonomy) at the time, and the third on Iraq.

"In the presence of my brother, the minister of higher education, who is also the minister of education, I want to talk with you about our reality today, which is incompatible with the expectations and ambitions of Iraqis, they deserve much more than they are today in education, health and services," he said.

"We have challenges not only a few difficult circumstances, I know the reality of schools and this reality is unacceptable, but I am confident our government and the Minister of Higher Education and Education Agency will insist on upgrading the reality of education," noting that government performance will not be enough, And the people to overcome the bottlenecks that hinder our work in order to get our country to the status and consideration. "

In turn, the Minister of Higher Education and Scientific Research, Minister of Education, Qusay Al-Suhail Agency, supported the President of the Republic for the educational process.

Al-Suhail said in a speech on the occasion that "the President of the Republic was a supporter of the educational process, and was aware of all what is happening in the ministries of education and education because he is an academic figure, and race in attention to the situation of students and follow-up matters."

"Suhail said that" superiority is not the end, it is a way to start and a new stage, "noting that" Iraq has undergone difficult challenges, but the feature of Iraq is always superiority. "

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ARTICLE 4

United Nations warns of the possibility of the resumption of activity, "urging"

06/08/2019

UN Secretary-General Antonio Guterres on Tuesday warned of the possibility of a resurgent organization in the region, saying calm in the group's attacks could be temporary.
The Associated Press news agency reported in a report, "Kalkamesh Press," Guterch as saying that "a group of advocacy has left up to the limit of 300 million dollars after the defeat of the organization in Iraq and Syria."
He added that "the current calm of the organization may not last long until the end of 2019."
"The organization lost revenue from the oil fields and the local population after the liberation of the territories it occupied, but it is believed that Da'ash is still able to channel funds to support terrorist operations in Iraq, Syria and abroad."
"Unofficial money transfer companies known as hawalat are the most common method used by the organization," Guterich said.
He pointed out that "the looted effects of Iraq may be another source of income for the poor where the returnees from the conflict revealed that there is a special unit responsible for the sale of these things, and it is known to be the leaders only."
"A resurgent insurgent activity in Iraq, including crop burning, is designed to prevent normalization and reconstruction, in the hope that the local population will ultimately blame the Iraqi authorities, and a similar approach is expected in Syria," he said.
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ARTICLE 5

A preemptive operation foil planned for "terrorist operations" in the feast
06/08/2019
Military intelligence revealed on Tuesday that a planned plot to target Anbar province on Eid al-Adha was thwarted.
A statement issued by the Intelligence Directorate, which was received by Kalkamesh Press, said that "in a pre-emptive qualitative operation carried out according to precise intelligence information, the detachments of the Military Intelligence Division of the 10th Brigade, in cooperation with the 39th Infantry Brigade Intelligence, succeeded in penetrating and dismantling a terrorist cell and arresting the five warheads in Ramadi "He said.
"Where they were planning to carry out terrorist operations in the province on the occasion of Eid al-Adha."
He pointed out that "all members of the cell are wanted to be executed under arrest warrants in accordance with the provisions of Article 4/1 terrorism.

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