new changes to the CBI that column on the right is new
WOTS Wednesday 8/14/19
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1166.4000 | 1166.4000 | 1166.4000 | | 00:00 |
| USD/VND | | | 22988.8300 | 22988.8300 | 22988.8300 | | 01:30 |
| USD/CNY | | | 7.0458 | 7.0103 | 7.0425 | | 04:39 |
| USD/KWD | | | 0.3036 | 0.3032 | 0.3032 | | 04:44 |
| GBP/USD | | | 1.2086 | 1.2044 | 1.2059 | | 04:46 |
| USD/IRR | | | 42000.0000 | 42000.0000 | 42000.0000 | | 00:00 |
| USD/IDR | | | 14259.0000 | 14163.0000 | 14172.0000 | | 04:45 |
CNBC Link:
CNBC Morning Squawk Link:
No link yet
DC NY Iraq Articles:dd
Maysan Council announces the receipt of 63 billion dinars from the budget for 2019
14/08/2019 11:58 PM
Al-Ahd News- Continue
Maysan Provincial Council announced on Tuesday that the province received 63 billion dinars within the allocations for the development of regions for the current year 2019, as a first payment.
The deputy chairman of the provincial council Jawad Rahim seen by "Al-Ahd News" The Ministry of Finance transferred to the treasury of the province about 63 billion dinars, a first batch of allocations for the development of the regions for the current year.
He added that "this amount was fully allocated to the completion of projects that have been implemented previously discontinued work," noting that "31 billion of it was allocated to school buildings projects."
By John Lee.
Abu Dhabi National Energy Company PJSC (TAQA) has announced that the group’s oil and gas business delivered strong performance with an 11% increase in revenue, mainly driven by increased production volumes from its assets in Europe and Iraq.
In its financial results and operational highlights for the six-month period ending June 30, 2019, it said its overall capex also rose to AED 957 million in the first six months of 2019, a 15% increase when compared to the same period in 2018.
“The increase in Oil and Gas capex was largely driven by the AED 116 million acquisition of an additional 7.5% working stake in the Atrush Block from Marathon Oil Kurdistan B.V. in May of this year. The acquired stake increases TAQA’s working interest in the project from 39.9% to 47.4%.
“Additional capex in Iraq was focussed towards bringing new wells on stream and the impact of debottlenecking work to increase the capacity of the current production facility. This has proven to be a worthwhile investment, with TAQA’s entitlement production increasing to 5,728 boe/d in H1 2019, a 149% improvement compared to the previous year.”
It added that this has proven to be a worthwhile investment, with TAQA’s entitlement production increasing to 5,728 boe/d in H1 2019, a 149% improvement compared to the previous year.
The average production by the oil and gas business for the first half of the year increased 3% to 124,760 boe/d, aided by strong well performance in Europe and Iraq.
Commenting on the positive performance, Saeed Mubarak Al Hajeri, Chairman of TAQA, said:
“Our solid performance in H1 2019 is underpinned by our strong operational performance. The Group’s balance sheet remains healthy, and with stable revenues and a further reduction in debt coupled with strong liquidity we remain on course to meet our long term objectives. The recent ratings affirmation from Moody’s is a testament to the stability of our operational performance.
“We also made exciting progress in advancing our strategy of maintaining capital discipline with focused investments in our core assets, such as the Atrush Block. Looking ahead, we remain optimistic and believe that our investments in the UAE and other strategic markets will contribute to a sustained growth story.”
Iraqis say Gulf Arab States can secure waterways alone
2 hours ago
Iran ups enriched uranium
BAGHDAD, Aug 13, (Agencies): Iraq foreign minister says Iraq and Gulf Arab states don't need foreign powers to secure navigation in the Arabian Gulf as that would only increase regional tensions.
Mohammed al-Hakim tweeted Monday that regional states are capable of securing the strategic waterway themselves. Al-Hakim's tweet was in response to efforts by the Trump administration to set up a US-led naval security mission in the Strait of Hormuz, where Iran recent seizures of vessels has raised tensions with the West.
The US wants an international coalition to monitor and potentially escort commercial ships there. Britain said last week it would join the mission; no other US allies have committed themselves so far. Al-Hakim stressed Israel's participation in such a mission was unacceptable. It's not clear if Israel has been asked to participate. Iran on Tuesday increased its stockpile of enriched uranium 4.5 percent to about 370 kg, said the Iranian news agency (IRNA). “Iran increased its stockpile of enriched uranium about 360 to 370 kg,” IRNA quoted Iranian Atomic Energy Organization spokesperson Behrouz Kamalvandi as saying.
Last month, Iran announced that it had enriched uranium with a purity of 4.5 percent as part of a decision to reduce its nuclear pledges after the expiration of the 60-day deadline it gave two months ago to the EU countries. Iran believes that these measures are in response to the withdrawal of the US from the nuclear agreement last year and the failure of the European countries to fulfill their obligations under the agreement reached in 2015 between Tehran and the Group P5 + 1.
Earlier Tuesday, Iran laid the cornerstone of the National Research Center to separate and develop stable isotope uses at the Fordow nuclear facility. Iranian Atomic Energy Organization head Ali Akbar Salehi said, “The stable isotopes are diverse and have many uses and methods of obtaining them are numerous, including centrifuges.” Iranian Foreign Minister Mohammad Javad Zarif accused the United States on Monday of turning the Gulf region into a “matchbox ready to ignite”, according to Al Jazeera television.
Oil tanker traffic passing through the Gulf via the Strait of Hormuz has become the focus of a US-Iranian standoff since Washington pulled out of an international nuclear deal with Iran and reimposed sanctions to strangle Tehran's oil exports. After explosions that damaged six tankers in May and June and Iran seizure of a British-fl agged tanker in July, the United States launched a maritime security mission in the Gulf, joined by Britain, to protect merchant vessels. Zarif, in interview remarks cited by Qatar-based Al Jazeera, said the Strait “is narrow, it will become less safe as foreign (navy) vessels increase their presence in it”.
“The region has become a matchbox ready to ignite because America and its allies are fl ooding it with weapons,” he said. Zarif, who arrived on Sunday in Doha, met on Monday with Qatari Amir Tamim bin Hamad Al-Thani for talks to convey that message, Iranian state-run media reported. Qatar, which hosts one of the biggest US military bases in the Middle East, is trying not to be drawn into the escalating confl ict between Washington and Tehran. The British territory of Gibraltar will not yet release an Iranian oil tanker seized by Royal Marines in the Mediterranean despite an Iranian report that it could do so on Tuesday, an official Gibraltar source said. The commandeering of the Grace 1 on July 4 exacerbated frictions between Tehran and the West and led to retaliatory moves in Gulf waterways used to ship oil. Britain accused the vessel of violating European sanctions by taking oil to Syria, a charge Tehran denies.
The deputy head of Iran Ports and Maritime Organization, Jalil Eslami, said on Tuesday that Britain was thinking of freeing the Grace 1 following an exchange of documents. “The vessel was seized based on false allegations,” Eslami said in comments reported by state news agency IRNA. “We hope the release will take place soon.” Iran semi-official Fars news agency, quoting unidentified Gibraltar authorities, said the tanker would be freed by Tuesday evening. However, a senior source in the government of British overseas territory denied that would happen on Tuesday. Although Grace 1 was seized by British forces, Britain said on Tuesday that investigations into the tanker Grace were a matter for Gibraltar.
The territory has denied Iran claim that the action was taken on the orders of Tehran's longtime foe Washington. “As this is an ongoing investigation, we are unable to comment further,” a British Foreign Office spokesman said. Tehran has denied the vessel was doing anything improper and in retaliation Islamic Revolutionary Guards Corps troops seized the British-fl agged Stena Impero tanker in the Strait of Hormuz on July 19 for alleged marine violations.
There are conflicting accounts of targeting a Hashd weapons depot in Baghdad
Abdul Mahdi visited the site ... and a former deputy prime minister hinted at Iranian weapons in the depot
Wednesday, August 14, 2019 issue number [14869]
Wednesday, August 14, 2019 issue number [14869]
An Iraqi inspected yesterday the damage caused by an explosion in a weapons store belonging to the Popular Mobilization southwest of Baghdad the day before yesterday (APA)
Baghdad: Fadel al-Nashmi
inRead invented by Teads
Iraqi Prime Minister Adel Abdul-Mahdi, accompanied by the Interior Minister and leaders of the Popular Mobilization, yesterday inspected the munitions warehouse in the Al-Saqr camp southwest of Baghdad, which witnessed explosions the day before yesterday which caused a wave of panic among the residents of nearby areas.
Baghdad: Fadel al-Nashmi
inRead invented by Teads
Iraqi Prime Minister Adel Abdul-Mahdi, accompanied by the Interior Minister and leaders of the Popular Mobilization, yesterday inspected the munitions warehouse in the Al-Saqr camp southwest of Baghdad, which witnessed explosions the day before yesterday which caused a wave of panic among the residents of nearby areas.
A statement by Abdul-Mahdi's office said that the latter "reviewed the reality of the incident and the measures taken after the explosions in the munitions stores, and listened to the initial reports from various parties, as well as a report on the number of injuries suffered by citizens." The statement of the Prime Minister to the death of one citizen among the citizens.
He directed the completion of investigations to find out the causes of the accident, and issued «directives to develop integrated arrangements for all camps and warehouses of the armed forces in terms of safety procedures and locations to prevent the recurrence of such unfortunate events».
There are conflicting accounts of the targeting process between those who point to the targeting of the site by US or Israeli aircraft, and those who believe that the process of poor storage income in the incident. There were also conflicting reports about the return of the camp and the owner of the camp and the nature of the weapons stored. However, Interior Ministry spokesman Saad Maan said in a statement that "the equipment is belonging to the Federal Police and the Popular Mobilization." And that «the explosion wounded 13 people, including two federal police and four elements of the Popular Mobilization, and explosions were strong».
The strongest statements regarding who owns the ammunition from the Deputy Prime Minister and former leader of the Sadrist movement Bahaa al-Araji, who said: «Through the nature of the fire to fire materiel stores in Camp Falcon, shows that the nature of the weapons burned unusual, and not used by Iraqi forces, Not even (the popular crowd) ». He added in a tweet in «Twitter» yesterday: «So we believe it is the Secretariat we have from a neighboring country, and this secretariat was targeted from an unjust colonial state based on a treacherous Iraqi tale», in a clear indication that the pile of equipment owned by the Iranian state.
A security source told Asharq Al-Awsat that "it is clear that we are facing a real bone-breaking battle between the United States and Israel, on the one hand, and Iran and its allies in Iraq, on the other, and it is also clear that the two parties have chosen Iraq as a land for their undeclared battle." "All indications are that Israel is completing, perhaps with the support of the United States, what it began in Syria with the targeting of Iranian multinational forces," the source said, preferring not to be named.
The source likely «Iraq does not announce the results of the planned investigation into the recent bombing, as happened in the bombing of the Martyrs camp in Amerli, last month, because that disturbs the Iranians, as they have been adopting a strategy for years not to announce the Israeli and American targets for their positions in Syria and later in Iraq".
For his part, spokesman for the «loyal Ansar Allah» in the «Popular Mobilization», Adel Karaawi, said yesterday that «the data on the outbreak of fire in the camp Falcon, near the Dora area, south of Baghdad, indicates the camp was bombed by a US aircraft loaded With rockets. Al-Karaawi, in television statements, yesterday that what happened «a criminal act carried out by a drone plane indicating that it is American, and was loaded with missiles», expecting the continuation of shelling «unless we control the airspace, especially after an Israeli aircraft entered the Iraqi territory and bombed Training camp (Popular Mobilization) », referring to the camp of martyrs in the region of Amerli Salahuddin province.
Regardless of the causes and the reasons behind the explosion of equipment, and the owners of it, the new incident sparked a wave of widespread popular criticism against the Iraqi authorities, since it is not the first incident, and will not be the last, which is located in the midst of the neighborhoods of many, and the academic Mustafa Naji, Yesterday, the publication of a statistic that included «more than 15 explosions during the period between 2016 and 2019», mostly within or near the popular neighborhoods, and belong to one of the «Popular Mobilization».
Iraq and Turkey form a joint committee and an Iraqi delegation visiting Ankara
Release date:: 2019/8/14 10:16 • 149 read times
WASHINGTON - Turkey's special envoy to Iraq, Wesel Eroglu, announced Wednesday the formation of a joint working committee with Iraqi Water Resources Minister Jamal al-Adli.
"The Iraqi president, Barham Salih, stressed that developing cooperation with Turkey is a strategic goal for his country, and Prime Minister (Adel Abdul Mahdi) said the same thing," he said. He pointed out that "Iraq is determined to rapprochement and develop cooperation with Turkey."
He added: "We have formed a joint working group with the Iraqi Minister of Water Resources and another team, and launched a program of work on how to develop friendship between the two countries and enhance cooperation."
He continued, "An Iraqi delegation will visit Turkey in September next."
He added: "We have formed a joint working group with the Iraqi Minister of Water Resources and another team, and launched a program of work on how to develop friendship between the two countries and enhance cooperation."
He continued, "An Iraqi delegation will visit Turkey in September next."
Atrush Block drives Production Gains at TAQA
14th August 2019 in Iraq Oil & Gas News
Abu Dhabi National Energy Company PJSC (TAQA) has announced that the group’s oil and gas business delivered strong performance with an 11% increase in revenue, mainly driven by increased production volumes from its assets in Europe and Iraq.
In its financial results and operational highlights for the six-month period ending June 30, 2019, it said its overall capex also rose to AED 957 million in the first six months of 2019, a 15% increase when compared to the same period in 2018.
“The increase in Oil and Gas capex was largely driven by the AED 116 million acquisition of an additional 7.5% working stake in the Atrush Block from Marathon Oil Kurdistan B.V. in May of this year. The acquired stake increases TAQA’s working interest in the project from 39.9% to 47.4%.
“Additional capex in Iraq was focussed towards bringing new wells on stream and the impact of debottlenecking work to increase the capacity of the current production facility. This has proven to be a worthwhile investment, with TAQA’s entitlement production increasing to 5,728 boe/d in H1 2019, a 149% improvement compared to the previous year.”
It added that this has proven to be a worthwhile investment, with TAQA’s entitlement production increasing to 5,728 boe/d in H1 2019, a 149% improvement compared to the previous year.
The average production by the oil and gas business for the first half of the year increased 3% to 124,760 boe/d, aided by strong well performance in Europe and Iraq.
Commenting on the positive performance, Saeed Mubarak Al Hajeri, Chairman of TAQA, said:
“Our solid performance in H1 2019 is underpinned by our strong operational performance. The Group’s balance sheet remains healthy, and with stable revenues and a further reduction in debt coupled with strong liquidity we remain on course to meet our long term objectives. The recent ratings affirmation from Moody’s is a testament to the stability of our operational performance.
“We also made exciting progress in advancing our strategy of maintaining capital discipline with focused investments in our core assets, such as the Atrush Block. Looking ahead, we remain optimistic and believe that our investments in the UAE and other strategic markets will contribute to a sustained growth story.”
Kauaihn Iraq Articles:dd
Mayor of Sinjar: If the government implemented Article 140 of the Constitution, the 2014 disaster would not have occurred
Wednesday 14 August 2019 11:25 AM
BAGHDAD / ... The mayor of Sinjar district, Mahma Khalil Ali Agha, called on Wednesday to confine arms to the state in the judiciary.
Agha said in a statement, "On the occasion of the 12th anniversary of the tragedy of Siba Shikhadri - Al-Jazeera compound, in Al-Azir - Al-Qahtaniya district, which claimed the lives of more than 400 martyrs and 500 wounded, all of them Yazidi religious component, there is an urgent need to provide protection for religious minorities and the reconstruction of their areas, especially in Sinjar. That have been subjected more than once to genocide. "
Agha added, "Terrorism on August 14, 2007, the bombing of four car bombs targeting the island compound, and the massacre of the Yazidi component," pointing out that "this painful incident is the beginning of the genocide of the Yazidi component, before the tragedy, which has never been seen in The date that the Islamic State terrorist organization on the third of August 2014 stormed the region and did what it did to its people. "
He continued, "to give the constitutional rights to the region and the application of Article 140, has become a necessary need," noting, "If the government implemented Article 140 of the Constitution at the time, the disaster in 2014 would not have occurred.
Information / Baghdad
Parliamentary movement to abolish the general inspectors in the new legislative chapter
09:58 - 14/08/2019
Information / Private…
MP of the conquest Alliance Saad al-Khazali, Wednesday, that the next legislative chapter will see the second reading to cancel the offices of the Inspector General. Al-Khazali told Al-Maalouma that "the priority of the next legislative term is the abolition of the offices of the general inspectors." He added, "The House of Representatives will evaluate in its new legislative chapter all ministries and the extent of their application of the government program." The Prime Minister, Adel Abdul-Mahdi, issued a court order to establish offices of general inspectors in seven government agencies. Finished 25 h
Maysan receives 63 billion dinars from the provincial development budget for 2019
14/08/2019
Maysan Provincial Council announced on Tuesday that the province received 63 billion dinars within the allocations for the development of regions for the current year 2019, as a first payment.
"The Ministry of Finance has transferred to the treasury of the province about 63 billion dinars, the first batch of allocations for the development of the regions for the current year," said Jawad Rahim, deputy chairman of the provincial council.
He added that "this amount was fully allocated to the completion of projects that have been implemented previously discontinued work," noting that "31 billion of it was allocated for projects of school buildings."
US force wandering in the desert of Qayyarah in Mosul
11:33 - 14/08/2019
Information / Baghdad
A US security force patrolled the desert of Qayyarah in Nineveh province early Wednesday, a security source said.
The source told the / information / that "the US force heavily armed and composed of five wheels in which American soldiers wandered in the district of Qayyarah at dawn today."
He added, "The roaming was a surprise and worried bystanders and owners of vehicles across the highway between the center of the judiciary and its parties."
Last Sunday, a US force blocked the road between Mosul and the Shirqat district for unknown reasons. Finished 15 x
A deputy demands the removal of the military establishment from the electoral competition
12:13 - 14/08/2019
Information / Special…
Kadhim al-Sayadi, a member of the House of Representatives, on Wednesday called for the presidency of the House of Representatives to legislate a law that prevents members of the armed forces from electoral competition, while some leaders are trying to drag the military establishment for political and party work.
Al-Sayadi said in a statement to Al-Maaloumeh that "the rise of the security leaders on the positions and the electoral competition has led to the decline of the technical and professional level and the loyalty of the military establishment." ”.
He added that "some leaders are trying to drag the military establishment of political and party work to obtain a number of votes during their participation in the elections," and demanded "Presidency of the House of Representatives to legislate a law preventing members of the armed forces from electoral competition."
The Parliamentary Legal Committee announced earlier that it intends to collect parliamentary signatures to amend the local elections law at the beginning of the third legislative term of the House of Representatives, while showing that the amendment will include "Saint Lego" and the date of checking the voter register in the province of Kirkuk and a number of other paragraphs. Finished 25 T.
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
FOR TWITTER ACCT
Just send a text message from your cell phone to:
40404 (may have to add 40404 as a contact first) Then send a message that says: Follow @FactsnOpinion1 and you will join their twitter feed and instantly get the doc. You do NOT have to join twitter to get tweets
ONLY SPACE IS AFTER FOLLOW
who are on their computers to go to:
Russia says small nuclear reactor blew up in deadly accident
The failed missile test that ended in an explosion killing five scientists last week on Russia’s White Sea involved a small nuclear reactor, according to a top official at the institute where they worked.
Read in Bloomberg: https://apple.news/
US-China trade war leaves Europe as collateral damage
Europe's economy is being knocked off course by the conflict between the U.S. and China over trade
Read in ABC News: https://apple.news/
Brexit 50p: Activists threaten boycott as treasury draws up plans for millions to enter circulation
Anti-Brexit activists have threatened to boycott a 50 pence piece that is set to mark the UK’s withdrawal from the EU, amid reports the Treasury intends to produce millions of the coins in time for 31 October.
Read in The Independent: https://apple.news/
Hong Kong protests hit London markets
Investors recoiled from U.K.-listed banks with business in the former British territory as protesters shut down the airport
Read in MarketWatch: https://apple.news/
Euro insurers switch negative yields for emerging debt
European insurers are snapping up more emerging-market debt, spurred on by worries that negative-yielding bonds in Europe might not offer enough returns to meet their future payments.
Read in Reuters: https://apple.news/
Russian failed nuclear test hints at Putin’s plans to beat U.S. defenses
"Is it dangerous? Yes! I think the phrase 'flying nuclear reactor' tells you all you need to know," one analyst said.
Read in NBC News: https://apple.news/
ISX Update:
to get to our twitter feed
10 Things to Know for Today
Among 10 Things to Know: Flights out of Hong Kong canceled again amid protests; AP: Women accuse opera legend Placido Domingo of sexual harassment; Scrutiny of Jeffrey Epstein's death and co-conspirators intensifies
Read in ABC News: https://apple.news/
Gold Prices Move Higher as Hong Kong Protests Drive Safe Haven Demand
Commodities Aug 12, 2019 13:31 GMT Investing.com - Gold prices turned higher on Monday in response to political unrest in Hong Kong which dampened risk appetite to the benefit of the safe-haven precious metal. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange, gained $4.70, or 0.3%, to $1,513.15 a troy ounce by 9:28 AM ET (13:28 GMT). Weekend protests at the Hong Kong international airport reportedly led to the cancellation of all flights, while China's
Read in Investing.com: https://apple.news/
Gold edges higher as trade-war worries continue
Gold futures edge higher Monday, trading near a six-year high above $1,500-an-ounce set last week, as the U.S.-China trade battle continues and global investors focus on political demonstrations in Hong Kong.
Read in MarketWatch: https://apple.news/
Gold Experts See Price Going as High as $4,500
Gold shot past $1,500 per ounce last week and the Legacy Research inbox is packed with questions about what’s next.
Read in InvestorPlace: https://apple.news/
Gold Prices Gain Amid Hong Kong Political Unrest, Sino-U.S. Trade Worries
Commodities Aug 13, 2019 05:31 GMT Investing.com - Gold prices gained on Tuesday in Asia amid continuing political unrest in Hong Kong and uncertainties surrounding the Sino-U.S. trade war. Gold futures were up 0.6% to $1,527.05 by 1:25 AM ET (05:25 GMT). Political unrest in Hong Kong which saw the city’s airport cancelled all flights on Monday and Sino-U.S. trade concerns sent Asian stocks lower today and provided support to the safe-haven gold. In a conference on Monday, Beijing said that the
Read in Investing.com: https://apple.news/Awgf75x-BS_
Oil Prices Drop Amid Demand Concerns
Forex Aug 13, 2019 04:49 GMT
Read in Investing.com: https://apple.news/
Oil falls as global economic worries spur ‘buyer strike’
Oil falls, pressured by worries over global growth fanned by the U.S.-China trade fight.
Read in MarketWatch: https://apple.news/
Oil falls on fears of a global economic downturn
Signs of an economic slowdown caused global oil demand to grow at its slowest pace since the financial crisis of 2008
Read in Gulf Business: https://apple.news/
US-China trade war takes heavier toll than expected, could wreak biggest havoc in fourth quarter, investment banks say
The US-China trade war, which has raged on for the 13th month last week, will wreak havoc on the world’s two largest economies in the fourth quarter as it takes a heavier toll than previously expected on growth, according to two investment banks. The…
Read in South China Morning Post: https://apple.news/
A Danish bank is offering mortgages with negative interest rates — why you shouldn’t wish for that to happen in the U.S.
When a mortgage rate is negative, a borrower must still make monthly payments, but they pay back less than what they owe .
Read in MarketWatch: https://apple.news/
China's central bank says it's close to releasing its own digital currency
China's central bank is nearly ready to issue its own sovereign digital currency, according to a senior official.
Read in CNBC: https://apple.news/AfoSqBH-_
How to Know if You Should Use Personal Loans or Credit Cards to Consolidate Your Debt
Here are some things to know about how debt consolidation works.
Read in Inc.: https://apple.news/Aa292_
Home equity lines of credit: How do they work, and should you get one?
A home equity line of credit is a way to borrow money against the value of your home and pay it back plus interest. Here's what that really means.
Read in USA TODAY: https://apple.news/
Wall Street bull worries eroding confidence will push stocks lowerEven though he's keeping his bullish stance, Wells Fargo Securities' Christopher Harvey believes it's a good time to be vigilant.
Read in CNBC: https://apple.news/
U.S. stocks have taken a hammering but here’s why investors should be optimisticEscalating trade war tensions and recession fears have hammered stocks in recent weeks but things may not be as bad as they seem.
Read in MarketWatch: https://apple.news/
Financial stocks set for broad selloffFinancial stocks were set up for a broad selloff Monday, weighed down by the continued drop in Treasury yields. The SPDR Financial Select Sector ETF shed 1.1% in premarket trading. Among the financial ETF's (XLF) more-active components before the open, shares of Bank of America Corp. dropped 1.6%, Citigroup Inc. slid 1.5%, J.P. Morgan Chase & Co. slid 1.6%, Wells Fargo & Co. gave up 1.3% and Goldman Sachs Group Inc. fell 1.6%. The yield on the 10-year Treasury note dropped 4.1 basis points to
Read in MarketWatch: https://apple.news/A_
Markets brace for volatility after Argentine opposition upsets Macri in primaryArgentine bonds fell in London trading and further volatility loomed on Monday after voters soundly rejected President Mauricio Macri's austere economic policies in primary elections, casting doubt on his chances of re-election in October.
Read in Reuters: https://apple.news/
Sovereign Bonds - Stretched To The LimitHistorically, long-term bottoms in interest rates have tended to be quite drawn-out affairs.From a technical and sentiment perspective, bond prices and yields have reached rare extremes in the short term.Keep in mind that the complex latticework of the economy's capital structure is not a homogeneous self-replicating blob.
Read in Seeking Alpha: https://apple.news/
The Single Best Investment for the Next DecadeFor every two respondents in a recent survey of investors who said stocks were the way to go, more than three picked real estate. Are these investors onto something?
Read in Barron's: https://apple.news/
Top 5 Things to Know in the Market on TuesdayEconomy Aug 13, 2019 09:43 GMT Investing.com - Here are the top five things you need to know in financial markets on Tuesday, August 13: 1. Hong Kong, Argentina under geopolitical spotlight Market focus remained centered on geopolitical tensions in Hong Kong and Argentina. Hong Kong leader Carrie Lam said Tuesday that further violence involving protests could push the territory “down a path of no return”. The international airport at the Asian financial hub reopened after the cancellation of all
Read in Investing.com: https://apple.news/
Day Ahead: Top 3 Things to WatchStock Markets Aug 12, 2019 19:48 GMT Investing.com – Here’s a preview of the top 3 things that could rock markets tomorrow 1. Inflation on Watch as Analysts Say Rate Cuts Coming Market participants look ahead to the release of consumer inflation data due Tuesday at 8:30 AM ET(12:30 GMT). Economists forecast overall inflation measured by the consumer price index in July rose 0.3% from 0.1% the prior month, while the core CPI, which excludes volatile food and energy prices, is expected to have
Read in Investing.com: https://apple.news/A-
Tight trading continues, as Bitcoin only major crypto in an uptrendHow Did the Fab Five Finish? In aggregate since yesterday, the “fab five” — Litecoin, Bitcoin, Bitcoin Cash, Ethereum, and Ripple — were up 0.65%. Out of the aforementioned five, Litecoin gave investors the best daily return; it was up 1.97%, which has its price now near $87.08 USD. In terms of the worst performer, that would be XRP, which reported a day-over-day return of -1.52% — a move that puts its price around $0.298035 USD. Out of the five coins observed here, three cryptocurrencies were
Read in Coin Insider.: https://apple.news/
10 Global Enterprises Looking to Issue Their Own CryptosThe growing popularity of cryptocurrency has led to a revolution in the digital currency industry. Enterprises that were of noncrypto origin now have or plan to have their own crypto product. The 10 years of cryptocurrency’s existence has led to an unprecedented ease of transactions. It has also brought transparency into the e-commerce world. This article discusses 10 of the biggest enterprises in the world, without a cryptocurrency background, that have already created or are in the process of
Read in Cointelegraph: https://apple.news/
New Zealand Tax Office Makes It Legal to Pay Salaries in CryptoNew Zealand's Inland Revenue Department has made it legal to receive salaries in cryptocurrency, and be taxed accordingly.
Read in CoinDesk: https://apple.news/
Revealed: How Bitcoin Is Taking Flight With Norwegian AirThe airline will charge less for tickets bought with cryptocurrency in an effort to sideline financial institutions.
Read in Forbes: https://apple.news/
Trump's Currency War With China Could Be Bitcoin's Do-or-Die MomentDonald Trump is stoking the flames of a new currency war, creating a do-or-die moment for the cryptocurrency movement, writes Michael J. Casey.
Read in CoinDesk: https://apple.news/
Payments Companies Like Square, Skrill And Circle Now Driving The Bitcoin RevolutionBanks began seeing cryptocurrencies as a non-event, then they decided to laugh at it, then they began fighting it by putting out their own coins. which I think we can all call a win for Bitcoin.
Read in Forbes: https://apple.news/AHF49q-
A U.S.-China Currency War? What You Need To Know
After China let its yuan drop in value, the U.S. accused the country of being a "currency manipulator." Here is how China manages its money and what a dispute with the U.S. could mean.
Read in NPR: https://apple.news/
Every Currency Is A Snowflake
The dollar was mostly weaker against the major currencies last week.The Swiss franc and Japanese yen were joined by the seemingly unlikely candidate, the Swedish krona, to have gained about 1% against the US dollar last week to the lead the majors.The yen and franc's gains extended moves already underway and perhaps, accentuated by the sell-off in stocks and the rally in bonds in response to the heightened trade tensions.
Read in Seeking Alpha: https://apple.news/AV4nfY5z-
Sterling hits its LOWEST level against the euro in 10 YEARS
The pound tanked overnight leaving the single currency worth 93.23 pence, its highest value since October 2009, when Europe was in the grip of the economic crisis.
Read in Daily Mail: https://apple.news/
FX: Italian Political Risk Hints At Weaker EUR/CHF
USD: Trade tensions remain the primary driver.EUR: Italy could fuel more EUR/CHF downside.GBP: Elections uncertainty weighing on the pound.NOK: More volatility ahead of Norges Bank meeting this week.
Read in Seeking Alpha: https://apple.news/
AUD/USD Downside To Continue
Notwithstanding rising gold prices, the Australian dollar has suffered as a result of declining oil prices and trade war tensions.With Australia's economic growth slowing, and the rate spread remaining negative against U.S. rates, AUD/USD is likely to continue to drop.The question is, how far could the pair drop? In this author's view, the pair will hit 0.66602 over the near term (the October 2008 monthly close), before heading lower.Ultimately, by the end of the first quarter of 2020, AUD/USD
Read in Seeking Alpha: https://apple.news/
Forex - Argentinian Peso Collapse Sends Shockwaves Through Markets
Forex Aug 12, 2019 14:24 GMT Investing.com - The dollar surged against higher-yielding currencies on Monday as a plummeting Argentinian peso sent shockwaves through emerging markets. The dollar rose by over one-third against the peso after a weekend primary for presidential elections in the G20 member later this year showed incumbent Mauricio Macri far behind his biggest rival, the populist Alberto Fernandez. Fernandez' running mate is former president Cristina Fernandez de Kirchner, from whom
Read in Investing.com: https://apple.news/A-
EUR/JPY To Struggle Further
The EUR/JPY pair is an important risk-on/risk-off barometer in financial markets.The recent fall in the pair has been met with a sell-off in global equities.The interest rate differential for this pair is negative, but not significantly negative.While EUR/JPY is not likely to receive heavy pressure from carry-trade speculators, the pressure could mount if European rates and bond yields suffer further downside relative to Japanese yields.In any case, the EUR/JPY pair is likely to struggle to rise
Read in Seeking Alpha: https://apple.news/
Yen Remains Bid, While Macri's Loss In Argentina Weighs On Struggling Mexican Peso
Many centers in Asia were closed today, including Japan and India, though most of the other equity markets advanced modestly, including China, Korea, and Australia.The Swiss franc is trading firmer today, and the euro is approaching last week's low near CNF1.0860.The dollar is spiking higher against the Mexican peso, which partly serves as a proxy for less liquid/accessible emerging market currencies.
Read in Seeking Alpha: https://apple.news/A0-
Yen and bond bulls charge on as share markets falter
Yen and bond bulls charged on Monday while stocks struggled again, amid ongoing worries that a prolonged U.S.-China trade war and damaging Brexit could tip top economies into recession.
Read in Reuters: https://apple.news/
Forex - Yen near 7-Month Highs as Rising Geopolitical Risks Rattle Investors
Forex Aug 13, 2019 07:37 GMT Investing.com - The safe haven yen was trading near seven-month highs against the U.S. dollar on Tuesday as investor sentiment was shaken by a currency crisis in Argentina, unrest in Hong Kong and growing indications that trade tensions are hitting global growth. The yen was at 105.27 per dollar by 03:23 AM ET(07:23 GMT) after brushing 105.58 overnight, its strongest since Jan. 3.The Japanese currency, which attracts flight-to-safety flows in times of market stress
Read in Investing.com: https://apple.news/
Steve Bannon: US-China trade deal unlikely this year
Still, the U.S. and China have taken their respective blows to each other as the trade war continues.
Read in Fox Business: https://apple.news/A6zvf1jKTR-
Here's how the market volatility might weigh on the economy
Quincy Krosby, chief market strategist at Prudential Financial, and Lindsey Piegza, chief economist at Stifel, join "Squawk Box" to check in on the markets and the economy.
Read in CNBC: https://apple.news/
US gasoline prices slip as production increases
What a difference a year makes. The price is 18 cents lower than what it was a year ago.
Read in Fox Business: https://apple.news/
Strategist: The risk of a US recession has increased
Alasdair McKinnon, CEO and CIO of The Scottish Investment Trust, says the current market environment reminds him of the "dotcom era."
Read in CNBC: https://apple.news/
Argentina's 48% Stock Rout Second-Biggest in Past 70 Years
The surprise outcome in Argentina’s primary vote roiled the nation’s financial markets, sending the S&P Merval Index plunging 48% in dollar terms.
Read in Bloomberg: https://apple.news/
Argentina-linked fund loses more than 20% after president suffers setback
An exchange-traded fund tracking the Argentine stock market was set to head sharply lower Monday morning after that country's pro-business president lost a primary election Sunday, an outcome that suggests it will be hard for him to hold on to power after final-round elections in October. The Global X MSCI Argentina ETF was down more than 22% in premarket trade Monday. The Wall Street Journal reported that President Mauricio Macri received 32% of the vote on Sunday, compared with 47% for his
Read in MarketWatch: https://apple.news/AuX0H_
Huawei to invest US$800m in new Brazil factory amid 5G push
Despite US objections.
Read in iTnews: https://apple.news/
Walmart brand to be dropped from supermarkets in Brazil
Private equity firm Advent International Corp will drop the Walmart Inc brand from supermarkets it acquired last year in Brazil by June 2020, the Brazilian retailer said in a statement on Monday.
Read in Reuters: https://apple.news/
How Indigenous Mexicans Took on Big Energy and Won
Martha Pskowski A natural gas pipeline was scheduled to go online in 2017, but TransCanada wasn’t counting on indigenous resistance. The post How Indigenous Mexicans Took on Big Energy and Won appeared first on The Nation.
Read in The Nation: https://apple.news/
Venezuela's moribund economy shows a pulse amid US sanctions
Venezuela's moribund economy is showing a surprise bounce from the government's little-noticed decision to dismount a decade of rigid currency controls, though economists caution that the dose of new life is unlikely to last
Read in ABC News: https://apple.news/AI9rFd_
The UAE’s ambitions backfire as it finds itself on the front line of U.S.-Iran tensions
If hostilities break out, the UAE could be a major target, and it is appealing for de-escalation.
Read in The Washington Post: https://apple.news/
U.S. turning Gulf region into 'tinderbox': Iran's Zarif
Iranian Foreign Minister Mohammad Javad Zarif accused the United States on Monday of turning the Gulf region into a "matchbox ready to ignite", according to Al Jazeera television.
Read in Reuters: https://apple.news/ArKRH-
The US-Iran dispute is an 'American-created crisis': Analyst
Alastair Newton of Alavan Business Advisory says there's "always a risk of miscalculation" when there is a strong military presence and high political tensions between two countries. He also says the market is "quite rightly" preoccupied with the U.S.-China trade war.
Read in CNBC: https://apple.news/
We're here to deter Iran, not go to war: US military commanders in the Gulf
The U.S. Navy's 5th Fleet is tasked with patrolling an expanse of about 2.5 million square miles of water, and has seen an increase in U.S. forces deployed to the area amid escalating tensions between the U.S. and Iran.
Read in CNBC: https://apple.news/
Western forces fuelling Gulf regional tension - Iraq
The presence of Western forces inthe Gulf is fuelling regional tension, Iraqi Foreign MinisterMohammed al-Hakim said on Monday.
Read in Reuters: https://apple.news/
Iraq: Gulf Arab states can secure Persian Gulf waters alone
Iraq's foreign minister: No need for foreign powers to secure navigation in Persian Gulf
Read in ABC News: https://apple.news/
Israel may ‘spark a war’ if it joins US-led flotilla in Persian Gulf, Iran’s navy chief warns
Tehran has advised Israel to stay clear of the Persian Gulf, where the US has been struggling to amass an anti-Iranian armada, noting that every vessel illegally present in the region increases the risk of an all-out conflict.
Read in RT News: https://apple.news/
Egypt: Rebel Leaders in Cairo to Discuss Agreements With FFC
Cairo Leaders of the Sudan Revolutionary Front (SRF, a coalition of armed movements) arrived in the Egyptian capital this weekend to discuss the contents of the Constitutional Declaration with the Forces for Freedom and Change opposition alliance (FFC) before the final signing takes place on August 17. El Hadi Idris, head of the Sudan Liberation Movement-Transitional Council (SLM-TC), told Radio Dabanga from Cairo that the members of the SRF insist on the addition of the Addis Ababa Agreement to
Read in AllAfrica: https://apple.news/A1lK4mRndN_
Saudi Aramco expands with $15B deal with India's Reliance
For India, the deal amounts to one of the country's largest foreign investments.
Read in ABC News: https://apple.news/AMvBo_
Fears of a global economic downturn are 'exaggerated' - Kuwaiti minister
Global demand for crude should pick up in the second half, says Khaled al-Fadhel
Read in Gulf Business: https://apple.news/
Zimbabwe: U.S.$108 Million Boost for Power Output
Zimbabwe has obtained three separate loans of just over US$108,3 million from the Export-Import Bank of China and Export-Import Bank of India to be used for power generation projects and broadband expansion. Government tied a loan agreement with the Export-Import Bank of China of ¥465 050 000 (US$65 852 350) on June 26, while the Exim-Import Bank of India released two loans of US$23 million and US$19,5 million. According to an Extraordinary Government Gazette published last Friday, Minister of
Read in AllAfrica: https://apple.news/
Zimbabwe: Kwekwe Sitting On Health Time Bomb As Zesa Switches of Water Treatment Plant
The current power shortages bedeviling the country could trigger fresh water borne disease outbreaks with Kwekwe not sitting on a time bomb, a senior official in the Midlands city has warned. Added to this is a crippling shortage of water treatment chemicals a problem that has also affected the capital city of Harare. Kwekwe City Director of Works, John Mhike, told councillors said while water treatment plants are supposed to be strategic areas, Zesa has had no choice but to switch them off
Read in AllAfrica: https://apple.news/
Zimbabwe: Another Fuel Price Hike
(Photo: New Zimbabwe) Government has announced a new set of fuel price increases for the umpteenth time this year and the first in August after three similar hikes in July. In a short statement, the Zimbabwe Energy Regulatory Authority (ZERA) on Monday announced the new fuel prices which take effect immediately. Petrol has been pegged at $9.09 up from $9.01 while diesel had the biggest jump from $9.06 to $9.27. According to ZERA, the increases "are due to the FOB price movements and the revised
Read in AllAfrica: https://apple.news/
Southern Africa: Botswana, Zimbabwe Unite in Fight Against Crime
Mabolwe Commissioner of Police, Mr Keabetswe Makgophe, met his counterpart from Zimbabwe, Mr Tandabanthu Matanga, in an effort to jointly fight crime. Mr Makgophe took Mr Matanga on a tour from Kazungula to Mabolwe border post to appreciate the challenges that the two countries faced in their quest to fight crime, particularly stock theft. When addressing a police commissioners and traditional leadership meeting at Mabolwe border, Mr Makgophe thanked the community leadership from both countries
Read in AllAfrica: https://apple.news/
Zimbabwe: Peace Commission Urges MDC-A to Avoid Violence
The National Peace and Reconciliation Commission (NPRC) has urged MDC-Alliance to put in place strategies to ensure demonstrations called for on August 16 do not degenerate into violence. In a statement, Commissioner Lilian Chigwedere said while the NPRC recognised the constitutional right to demonstrate, this right must only be exercised peacefully. The MDC-Alliance has already served notice to the police for the demonstration as is required by law. There are fears that the demonstrations will
Read in AllAfrica: https://apple.news/
Zimbabwe: Foreign Clients Fleecing Local Artistes - Filmmaker
Local artistes have raised concern over foreign clients who are fleecing them by undervaluing their products and services. Renowned playwright and filmmaker Patience Tawengwa narrates her ordeal. "I was once asked by one foreign gentleman to document a project he was working on in the country after he had come across my work. They were eager for our team to start filming the next day, but I told him we had to first agree on a budget. They sent me a brief about the project and I prepared a quote
Read in AllAfrica: https://apple.news/
In The Midst Of Economic Challenges, Zimbabwe Finds A New Ally In The UAE: A Q&A With Zachary Smith
An interview with Washington D.C.-based geopolitical analyst Zachary Smith discussing an exciting new stage of cooperation between the United Arab Emirates (UAE) and Zimbabwe’s new, globally-focused government.
Read in Forbes: https://apple.news/
Ethiopia: Prospects and challenges of industrial parks
Industrial park (IP) is, more or less, a geographic cluster of self-reliant corporations that are assembled together to achieve economies of scale and positive externalities by sharing common infrastructures. They also may take advantages or opportunities for mass procurement and selling, training and related services. IPs will involve open production areas, controlled working environment, knowledge...
Read in FurtherAfrica: https://apple.news/
Zambia’s PMI continues to cool in July as GDP growth weakens
Following a marginal recovering in June, the July PMI Index for Zambia was weaker in comparison following a drop to 44.4 from 46.6 as sentiment from the business survey continued to reveal soft business conditions. “The Stanbic Bank Zambia PMI dropped to 44.4 in July 2019 from 46.6 in the previous month, signalling a fifth...
Read in FurtherAfrica: https://apple.news/
ASIA
South Korea downgrades trade ties with Japan
South Korea is removing Japan from a list of trusted trading partners, escalating a dispute with its neighbor that is already disrupting the global supply chain for big tech companies.
Read in CNN Business: https://apple.news/
Japan's love of foreign insurance, a yen headwind, set to wane
* Dollar, A$ insurance big hit due to low domestic interestrates
Read in Reuters: https://apple.news/
World's biggest milk exporter hurt by turmoil in Venezuela and China's slowdown
The world's largest dairy exporter says it expects to lose nearly half a billion dollars this year, and won't pay its shareholders a dividend.
Read in CNN Business: https://apple.news/
China pledges not to devalue yuan exchange rate after US currency manipulator designation
China will neither devalue the yuan nor change the way it manages the Chinese currency exchange rate after the United States designated it as a currency manipulator last week, according to China’s foreign exchange administration chief. The US Treasury…
Read in South China Morning Post: https://apple.news/AIvvJMX7eQ-
Global portfolio manager explains how the Hong Kong protest will affect emerging markets
The protests in Hong Kong escalated Monday morning as the airport canceled all flights for the day. Fabiana Fedeli, global head of fundamental equities and portfolio manager of emerging markets at Robeco, and CNBC Contributor Michelle Caruso-Cabrera join "Squawk Box" to discuss how the protests might be affecting the markets and the U.S.-China trade war.
Read in CNBC: https://apple.news/
DDDChina 'close' to launching its own digital coin amid growing interest in Facebook’s Libra
Hong Kong protesters overwhelm airport for second day
Protesters swamped Hong Kong International Airport for a second straight day, blocking the gates to the security and immigration areas and snarling the busy transit hub. The airport suspended all check-in, and advised people not to go to the airport.
Read in The Wall Street Journal: https://apple.news/A-
GLOBAL/NEWS/INFO
10 Things to Know for Today
Among 10 Things to Know: Flights out of Hong Kong canceled again amid protests; AP: Women accuse opera legend Placido Domingo of sexual harassment; Scrutiny of Jeffrey Epstein's death and co-conspirators intensifies
Read in ABC News: https://apple.news/
OIL/COMMODITIES/ENERGY
Gold Prices Move Higher as Hong Kong Protests Drive Safe Haven Demand
Commodities Aug 12, 2019 13:31 GMT Investing.com - Gold prices turned higher on Monday in response to political unrest in Hong Kong which dampened risk appetite to the benefit of the safe-haven precious metal. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange, gained $4.70, or 0.3%, to $1,513.15 a troy ounce by 9:28 AM ET (13:28 GMT). Weekend protests at the Hong Kong international airport reportedly led to the cancellation of all flights, while China's
Read in Investing.com: https://apple.news/
Gold edges higher as trade-war worries continue
Gold futures edge higher Monday, trading near a six-year high above $1,500-an-ounce set last week, as the U.S.-China trade battle continues and global investors focus on political demonstrations in Hong Kong.
Read in MarketWatch: https://apple.news/
Gold Experts See Price Going as High as $4,500
Gold shot past $1,500 per ounce last week and the Legacy Research inbox is packed with questions about what’s next.
Read in InvestorPlace: https://apple.news/
Gold Prices Gain Amid Hong Kong Political Unrest, Sino-U.S. Trade Worries
Commodities Aug 13, 2019 05:31 GMT Investing.com - Gold prices gained on Tuesday in Asia amid continuing political unrest in Hong Kong and uncertainties surrounding the Sino-U.S. trade war. Gold futures were up 0.6% to $1,527.05 by 1:25 AM ET (05:25 GMT). Political unrest in Hong Kong which saw the city’s airport cancelled all flights on Monday and Sino-U.S. trade concerns sent Asian stocks lower today and provided support to the safe-haven gold. In a conference on Monday, Beijing said that the
Read in Investing.com: https://apple.news/Awgf75x-BS_
Oil Prices Drop Amid Demand Concerns
Forex Aug 13, 2019 04:49 GMT
Read in Investing.com: https://apple.news/
Oil falls as global economic worries spur ‘buyer strike’
Oil falls, pressured by worries over global growth fanned by the U.S.-China trade fight.
Read in MarketWatch: https://apple.news/
Oil falls on fears of a global economic downturn
Signs of an economic slowdown caused global oil demand to grow at its slowest pace since the financial crisis of 2008
Read in Gulf Business: https://apple.news/
BANKS/BANKING/CREDIT
US-China trade war takes heavier toll than expected, could wreak biggest havoc in fourth quarter, investment banks say
The US-China trade war, which has raged on for the 13th month last week, will wreak havoc on the world’s two largest economies in the fourth quarter as it takes a heavier toll than previously expected on growth, according to two investment banks. The…
Read in South China Morning Post: https://apple.news/
A Danish bank is offering mortgages with negative interest rates — why you shouldn’t wish for that to happen in the U.S.
When a mortgage rate is negative, a borrower must still make monthly payments, but they pay back less than what they owe .
Read in MarketWatch: https://apple.news/
China's central bank says it's close to releasing its own digital currency
China's central bank is nearly ready to issue its own sovereign digital currency, according to a senior official.
Read in CNBC: https://apple.news/AfoSqBH-_
How to Know if You Should Use Personal Loans or Credit Cards to Consolidate Your Debt
Here are some things to know about how debt consolidation works.
Read in Inc.: https://apple.news/Aa292_
Home equity lines of credit: How do they work, and should you get one?
A home equity line of credit is a way to borrow money against the value of your home and pay it back plus interest. Here's what that really means.
Read in USA TODAY: https://apple.news/
TREASURIES/BONDS/STOCKS
Wall Street bull worries eroding confidence will push stocks lowerEven though he's keeping his bullish stance, Wells Fargo Securities' Christopher Harvey believes it's a good time to be vigilant.
Read in CNBC: https://apple.news/
U.S. stocks have taken a hammering but here’s why investors should be optimisticEscalating trade war tensions and recession fears have hammered stocks in recent weeks but things may not be as bad as they seem.
Read in MarketWatch: https://apple.news/
Financial stocks set for broad selloffFinancial stocks were set up for a broad selloff Monday, weighed down by the continued drop in Treasury yields. The SPDR Financial Select Sector ETF shed 1.1% in premarket trading. Among the financial ETF's (XLF) more-active components before the open, shares of Bank of America Corp. dropped 1.6%, Citigroup Inc. slid 1.5%, J.P. Morgan Chase & Co. slid 1.6%, Wells Fargo & Co. gave up 1.3% and Goldman Sachs Group Inc. fell 1.6%. The yield on the 10-year Treasury note dropped 4.1 basis points to
Read in MarketWatch: https://apple.news/A_
Markets brace for volatility after Argentine opposition upsets Macri in primaryArgentine bonds fell in London trading and further volatility loomed on Monday after voters soundly rejected President Mauricio Macri's austere economic policies in primary elections, casting doubt on his chances of re-election in October.
Read in Reuters: https://apple.news/
Sovereign Bonds - Stretched To The LimitHistorically, long-term bottoms in interest rates have tended to be quite drawn-out affairs.From a technical and sentiment perspective, bond prices and yields have reached rare extremes in the short term.Keep in mind that the complex latticework of the economy's capital structure is not a homogeneous self-replicating blob.
Read in Seeking Alpha: https://apple.news/
The Single Best Investment for the Next DecadeFor every two respondents in a recent survey of investors who said stocks were the way to go, more than three picked real estate. Are these investors onto something?
Read in Barron's: https://apple.news/
Top 5 Things to Know in the Market on TuesdayEconomy Aug 13, 2019 09:43 GMT Investing.com - Here are the top five things you need to know in financial markets on Tuesday, August 13: 1. Hong Kong, Argentina under geopolitical spotlight Market focus remained centered on geopolitical tensions in Hong Kong and Argentina. Hong Kong leader Carrie Lam said Tuesday that further violence involving protests could push the territory “down a path of no return”. The international airport at the Asian financial hub reopened after the cancellation of all
Read in Investing.com: https://apple.news/
Day Ahead: Top 3 Things to WatchStock Markets Aug 12, 2019 19:48 GMT Investing.com – Here’s a preview of the top 3 things that could rock markets tomorrow 1. Inflation on Watch as Analysts Say Rate Cuts Coming Market participants look ahead to the release of consumer inflation data due Tuesday at 8:30 AM ET(12:30 GMT). Economists forecast overall inflation measured by the consumer price index in July rose 0.3% from 0.1% the prior month, while the core CPI, which excludes volatile food and energy prices, is expected to have
Read in Investing.com: https://apple.news/A-
CRYPTO / DIGITAL CURRENCIES
Tight trading continues, as Bitcoin only major crypto in an uptrendHow Did the Fab Five Finish? In aggregate since yesterday, the “fab five” — Litecoin, Bitcoin, Bitcoin Cash, Ethereum, and Ripple — were up 0.65%. Out of the aforementioned five, Litecoin gave investors the best daily return; it was up 1.97%, which has its price now near $87.08 USD. In terms of the worst performer, that would be XRP, which reported a day-over-day return of -1.52% — a move that puts its price around $0.298035 USD. Out of the five coins observed here, three cryptocurrencies were
Read in Coin Insider.: https://apple.news/
10 Global Enterprises Looking to Issue Their Own CryptosThe growing popularity of cryptocurrency has led to a revolution in the digital currency industry. Enterprises that were of noncrypto origin now have or plan to have their own crypto product. The 10 years of cryptocurrency’s existence has led to an unprecedented ease of transactions. It has also brought transparency into the e-commerce world. This article discusses 10 of the biggest enterprises in the world, without a cryptocurrency background, that have already created or are in the process of
Read in Cointelegraph: https://apple.news/
New Zealand Tax Office Makes It Legal to Pay Salaries in CryptoNew Zealand's Inland Revenue Department has made it legal to receive salaries in cryptocurrency, and be taxed accordingly.
Read in CoinDesk: https://apple.news/
Revealed: How Bitcoin Is Taking Flight With Norwegian AirThe airline will charge less for tickets bought with cryptocurrency in an effort to sideline financial institutions.
Read in Forbes: https://apple.news/
Trump's Currency War With China Could Be Bitcoin's Do-or-Die MomentDonald Trump is stoking the flames of a new currency war, creating a do-or-die moment for the cryptocurrency movement, writes Michael J. Casey.
Read in CoinDesk: https://apple.news/
Payments Companies Like Square, Skrill And Circle Now Driving The Bitcoin RevolutionBanks began seeing cryptocurrencies as a non-event, then they decided to laugh at it, then they began fighting it by putting out their own coins. which I think we can all call a win for Bitcoin.
Read in Forbes: https://apple.news/AHF49q-
CURRENCIES
A U.S.-China Currency War? What You Need To Know
After China let its yuan drop in value, the U.S. accused the country of being a "currency manipulator." Here is how China manages its money and what a dispute with the U.S. could mean.
Read in NPR: https://apple.news/
Every Currency Is A Snowflake
The dollar was mostly weaker against the major currencies last week.The Swiss franc and Japanese yen were joined by the seemingly unlikely candidate, the Swedish krona, to have gained about 1% against the US dollar last week to the lead the majors.The yen and franc's gains extended moves already underway and perhaps, accentuated by the sell-off in stocks and the rally in bonds in response to the heightened trade tensions.
Read in Seeking Alpha: https://apple.news/AV4nfY5z-
Sterling hits its LOWEST level against the euro in 10 YEARS
The pound tanked overnight leaving the single currency worth 93.23 pence, its highest value since October 2009, when Europe was in the grip of the economic crisis.
Read in Daily Mail: https://apple.news/
FX: Italian Political Risk Hints At Weaker EUR/CHF
USD: Trade tensions remain the primary driver.EUR: Italy could fuel more EUR/CHF downside.GBP: Elections uncertainty weighing on the pound.NOK: More volatility ahead of Norges Bank meeting this week.
Read in Seeking Alpha: https://apple.news/
AUD/USD Downside To Continue
Notwithstanding rising gold prices, the Australian dollar has suffered as a result of declining oil prices and trade war tensions.With Australia's economic growth slowing, and the rate spread remaining negative against U.S. rates, AUD/USD is likely to continue to drop.The question is, how far could the pair drop? In this author's view, the pair will hit 0.66602 over the near term (the October 2008 monthly close), before heading lower.Ultimately, by the end of the first quarter of 2020, AUD/USD
Read in Seeking Alpha: https://apple.news/
Forex - Argentinian Peso Collapse Sends Shockwaves Through Markets
Forex Aug 12, 2019 14:24 GMT Investing.com - The dollar surged against higher-yielding currencies on Monday as a plummeting Argentinian peso sent shockwaves through emerging markets. The dollar rose by over one-third against the peso after a weekend primary for presidential elections in the G20 member later this year showed incumbent Mauricio Macri far behind his biggest rival, the populist Alberto Fernandez. Fernandez' running mate is former president Cristina Fernandez de Kirchner, from whom
Read in Investing.com: https://apple.news/A-
EUR/JPY To Struggle Further
The EUR/JPY pair is an important risk-on/risk-off barometer in financial markets.The recent fall in the pair has been met with a sell-off in global equities.The interest rate differential for this pair is negative, but not significantly negative.While EUR/JPY is not likely to receive heavy pressure from carry-trade speculators, the pressure could mount if European rates and bond yields suffer further downside relative to Japanese yields.In any case, the EUR/JPY pair is likely to struggle to rise
Read in Seeking Alpha: https://apple.news/
Yen Remains Bid, While Macri's Loss In Argentina Weighs On Struggling Mexican Peso
Many centers in Asia were closed today, including Japan and India, though most of the other equity markets advanced modestly, including China, Korea, and Australia.The Swiss franc is trading firmer today, and the euro is approaching last week's low near CNF1.0860.The dollar is spiking higher against the Mexican peso, which partly serves as a proxy for less liquid/accessible emerging market currencies.
Read in Seeking Alpha: https://apple.news/A0-
Yen and bond bulls charge on as share markets falter
Yen and bond bulls charged on Monday while stocks struggled again, amid ongoing worries that a prolonged U.S.-China trade war and damaging Brexit could tip top economies into recession.
Read in Reuters: https://apple.news/
Forex - Yen near 7-Month Highs as Rising Geopolitical Risks Rattle Investors
Forex Aug 13, 2019 07:37 GMT Investing.com - The safe haven yen was trading near seven-month highs against the U.S. dollar on Tuesday as investor sentiment was shaken by a currency crisis in Argentina, unrest in Hong Kong and growing indications that trade tensions are hitting global growth. The yen was at 105.27 per dollar by 03:23 AM ET(07:23 GMT) after brushing 105.58 overnight, its strongest since Jan. 3.The Japanese currency, which attracts flight-to-safety flows in times of market stress
Read in Investing.com: https://apple.news/
HEALTH / SCIENCE
No-deal Brexit could deepen Europe's shortage of medicines: experts
As the Oct. 31 deadline for Britain to leave the European Union approaches, health professionals are warning that shortages of some medicines could worsen in Europe in the event of a no-deal Brexit.
Read in Reuters: https://apple.news/
I’m A Chronically Ill Fat Woman. But Doctors Can’t See Past My Body Size To Treat Me
I stared at the referral in my hand for a bariatric surgeon, dumbfounded. “If you lose some weight, you’ll feel a lot better,” my gynecologist told me. I didn’t doubt that the weight I’d gained after six months of near-continuous steroid use was…
Read in Bustle: https://apple.news/Ar2-11_-
Obesity Weighing Heavier On Medical Bills
Treatments for obesity-related illnesses ballooned to consume 28 percent of the nation’s health care dollars from 21 percent in a recent 8 year period, the Government Accountability Office (GAO) pointed out.
Read in Forbes: https://apple.news/
The Symptoms of Alcohol Poisoning You Need to Know
An emergency room physician weighs in.
Read in Health: https://apple.news/
No-deal Brexit could deepen Europe's shortage of medicines: experts
As the Oct. 31 deadline for Britain to leave the European Union approaches, health professionals are warning that shortages of some medicines could worsen in Europe in the event of a no-deal Brexit.
Read in Reuters: https://apple.news/
I’m A Chronically Ill Fat Woman. But Doctors Can’t See Past My Body Size To Treat Me
I stared at the referral in my hand for a bariatric surgeon, dumbfounded. “If you lose some weight, you’ll feel a lot better,” my gynecologist told me. I didn’t doubt that the weight I’d gained after six months of near-continuous steroid use was…
Read in Bustle: https://apple.news/Ar2-11_-
Obesity Weighing Heavier On Medical Bills
Treatments for obesity-related illnesses ballooned to consume 28 percent of the nation’s health care dollars from 21 percent in a recent 8 year period, the Government Accountability Office (GAO) pointed out.
Read in Forbes: https://apple.news/
The Symptoms of Alcohol Poisoning You Need to Know
An emergency room physician weighs in.
Read in Health: https://apple.news/
USA / CANADA
Steve Bannon: US-China trade deal unlikely this year
Still, the U.S. and China have taken their respective blows to each other as the trade war continues.
Read in Fox Business: https://apple.news/A6zvf1jKTR-
Here's how the market volatility might weigh on the economy
Quincy Krosby, chief market strategist at Prudential Financial, and Lindsey Piegza, chief economist at Stifel, join "Squawk Box" to check in on the markets and the economy.
Read in CNBC: https://apple.news/
US gasoline prices slip as production increases
What a difference a year makes. The price is 18 cents lower than what it was a year ago.
Read in Fox Business: https://apple.news/
Strategist: The risk of a US recession has increased
Alasdair McKinnon, CEO and CIO of The Scottish Investment Trust, says the current market environment reminds him of the "dotcom era."
Read in CNBC: https://apple.news/
EMERGING MARKETS
Argentina's 48% Stock Rout Second-Biggest in Past 70 Years
The surprise outcome in Argentina’s primary vote roiled the nation’s financial markets, sending the S&P Merval Index plunging 48% in dollar terms.
Read in Bloomberg: https://apple.news/
Argentina-linked fund loses more than 20% after president suffers setback
An exchange-traded fund tracking the Argentine stock market was set to head sharply lower Monday morning after that country's pro-business president lost a primary election Sunday, an outcome that suggests it will be hard for him to hold on to power after final-round elections in October. The Global X MSCI Argentina ETF was down more than 22% in premarket trade Monday. The Wall Street Journal reported that President Mauricio Macri received 32% of the vote on Sunday, compared with 47% for his
Read in MarketWatch: https://apple.news/AuX0H_
Huawei to invest US$800m in new Brazil factory amid 5G push
Despite US objections.
Read in iTnews: https://apple.news/
Walmart brand to be dropped from supermarkets in Brazil
Private equity firm Advent International Corp will drop the Walmart Inc brand from supermarkets it acquired last year in Brazil by June 2020, the Brazilian retailer said in a statement on Monday.
Read in Reuters: https://apple.news/
How Indigenous Mexicans Took on Big Energy and Won
Martha Pskowski A natural gas pipeline was scheduled to go online in 2017, but TransCanada wasn’t counting on indigenous resistance. The post How Indigenous Mexicans Took on Big Energy and Won appeared first on The Nation.
Read in The Nation: https://apple.news/
Venezuela's moribund economy shows a pulse amid US sanctions
Venezuela's moribund economy is showing a surprise bounce from the government's little-noticed decision to dismount a decade of rigid currency controls, though economists caution that the dose of new life is unlikely to last
Read in ABC News: https://apple.news/AI9rFd_
MIDDLE EAST
The UAE’s ambitions backfire as it finds itself on the front line of U.S.-Iran tensions
If hostilities break out, the UAE could be a major target, and it is appealing for de-escalation.
Read in The Washington Post: https://apple.news/
U.S. turning Gulf region into 'tinderbox': Iran's Zarif
Iranian Foreign Minister Mohammad Javad Zarif accused the United States on Monday of turning the Gulf region into a "matchbox ready to ignite", according to Al Jazeera television.
Read in Reuters: https://apple.news/ArKRH-
The US-Iran dispute is an 'American-created crisis': Analyst
Alastair Newton of Alavan Business Advisory says there's "always a risk of miscalculation" when there is a strong military presence and high political tensions between two countries. He also says the market is "quite rightly" preoccupied with the U.S.-China trade war.
Read in CNBC: https://apple.news/
We're here to deter Iran, not go to war: US military commanders in the Gulf
The U.S. Navy's 5th Fleet is tasked with patrolling an expanse of about 2.5 million square miles of water, and has seen an increase in U.S. forces deployed to the area amid escalating tensions between the U.S. and Iran.
Read in CNBC: https://apple.news/
Western forces fuelling Gulf regional tension - Iraq
The presence of Western forces inthe Gulf is fuelling regional tension, Iraqi Foreign MinisterMohammed al-Hakim said on Monday.
Read in Reuters: https://apple.news/
Iraq: Gulf Arab states can secure Persian Gulf waters alone
Iraq's foreign minister: No need for foreign powers to secure navigation in Persian Gulf
Read in ABC News: https://apple.news/
Israel may ‘spark a war’ if it joins US-led flotilla in Persian Gulf, Iran’s navy chief warns
Tehran has advised Israel to stay clear of the Persian Gulf, where the US has been struggling to amass an anti-Iranian armada, noting that every vessel illegally present in the region increases the risk of an all-out conflict.
Read in RT News: https://apple.news/
Egypt: Rebel Leaders in Cairo to Discuss Agreements With FFC
Cairo Leaders of the Sudan Revolutionary Front (SRF, a coalition of armed movements) arrived in the Egyptian capital this weekend to discuss the contents of the Constitutional Declaration with the Forces for Freedom and Change opposition alliance (FFC) before the final signing takes place on August 17. El Hadi Idris, head of the Sudan Liberation Movement-Transitional Council (SLM-TC), told Radio Dabanga from Cairo that the members of the SRF insist on the addition of the Addis Ababa Agreement to
Read in AllAfrica: https://apple.news/A1lK4mRndN_
Saudi Aramco expands with $15B deal with India's Reliance
For India, the deal amounts to one of the country's largest foreign investments.
Read in ABC News: https://apple.news/AMvBo_
Fears of a global economic downturn are 'exaggerated' - Kuwaiti minister
Global demand for crude should pick up in the second half, says Khaled al-Fadhel
Read in Gulf Business: https://apple.news/
AFRICA
Zimbabwe: U.S.$108 Million Boost for Power Output
Zimbabwe has obtained three separate loans of just over US$108,3 million from the Export-Import Bank of China and Export-Import Bank of India to be used for power generation projects and broadband expansion. Government tied a loan agreement with the Export-Import Bank of China of ¥465 050 000 (US$65 852 350) on June 26, while the Exim-Import Bank of India released two loans of US$23 million and US$19,5 million. According to an Extraordinary Government Gazette published last Friday, Minister of
Read in AllAfrica: https://apple.news/
Zimbabwe: Kwekwe Sitting On Health Time Bomb As Zesa Switches of Water Treatment Plant
The current power shortages bedeviling the country could trigger fresh water borne disease outbreaks with Kwekwe not sitting on a time bomb, a senior official in the Midlands city has warned. Added to this is a crippling shortage of water treatment chemicals a problem that has also affected the capital city of Harare. Kwekwe City Director of Works, John Mhike, told councillors said while water treatment plants are supposed to be strategic areas, Zesa has had no choice but to switch them off
Read in AllAfrica: https://apple.news/
Zimbabwe: Another Fuel Price Hike
(Photo: New Zimbabwe) Government has announced a new set of fuel price increases for the umpteenth time this year and the first in August after three similar hikes in July. In a short statement, the Zimbabwe Energy Regulatory Authority (ZERA) on Monday announced the new fuel prices which take effect immediately. Petrol has been pegged at $9.09 up from $9.01 while diesel had the biggest jump from $9.06 to $9.27. According to ZERA, the increases "are due to the FOB price movements and the revised
Read in AllAfrica: https://apple.news/
Southern Africa: Botswana, Zimbabwe Unite in Fight Against Crime
Mabolwe Commissioner of Police, Mr Keabetswe Makgophe, met his counterpart from Zimbabwe, Mr Tandabanthu Matanga, in an effort to jointly fight crime. Mr Makgophe took Mr Matanga on a tour from Kazungula to Mabolwe border post to appreciate the challenges that the two countries faced in their quest to fight crime, particularly stock theft. When addressing a police commissioners and traditional leadership meeting at Mabolwe border, Mr Makgophe thanked the community leadership from both countries
Read in AllAfrica: https://apple.news/
Zimbabwe: Peace Commission Urges MDC-A to Avoid Violence
The National Peace and Reconciliation Commission (NPRC) has urged MDC-Alliance to put in place strategies to ensure demonstrations called for on August 16 do not degenerate into violence. In a statement, Commissioner Lilian Chigwedere said while the NPRC recognised the constitutional right to demonstrate, this right must only be exercised peacefully. The MDC-Alliance has already served notice to the police for the demonstration as is required by law. There are fears that the demonstrations will
Read in AllAfrica: https://apple.news/
Zimbabwe: Foreign Clients Fleecing Local Artistes - Filmmaker
Local artistes have raised concern over foreign clients who are fleecing them by undervaluing their products and services. Renowned playwright and filmmaker Patience Tawengwa narrates her ordeal. "I was once asked by one foreign gentleman to document a project he was working on in the country after he had come across my work. They were eager for our team to start filming the next day, but I told him we had to first agree on a budget. They sent me a brief about the project and I prepared a quote
Read in AllAfrica: https://apple.news/
In The Midst Of Economic Challenges, Zimbabwe Finds A New Ally In The UAE: A Q&A With Zachary Smith
An interview with Washington D.C.-based geopolitical analyst Zachary Smith discussing an exciting new stage of cooperation between the United Arab Emirates (UAE) and Zimbabwe’s new, globally-focused government.
Read in Forbes: https://apple.news/
Ethiopia: Prospects and challenges of industrial parks
Industrial park (IP) is, more or less, a geographic cluster of self-reliant corporations that are assembled together to achieve economies of scale and positive externalities by sharing common infrastructures. They also may take advantages or opportunities for mass procurement and selling, training and related services. IPs will involve open production areas, controlled working environment, knowledge...
Read in FurtherAfrica: https://apple.news/
Zambia’s PMI continues to cool in July as GDP growth weakens
Following a marginal recovering in June, the July PMI Index for Zambia was weaker in comparison following a drop to 44.4 from 46.6 as sentiment from the business survey continued to reveal soft business conditions. “The Stanbic Bank Zambia PMI dropped to 44.4 in July 2019 from 46.6 in the previous month, signalling a fifth...
Read in FurtherAfrica: https://apple.news/
South Korea downgrades trade ties with Japan
South Korea is removing Japan from a list of trusted trading partners, escalating a dispute with its neighbor that is already disrupting the global supply chain for big tech companies.
Read in CNN Business: https://apple.news/
Japan's love of foreign insurance, a yen headwind, set to wane
* Dollar, A$ insurance big hit due to low domestic interestrates
Read in Reuters: https://apple.news/
World's biggest milk exporter hurt by turmoil in Venezuela and China's slowdown
The world's largest dairy exporter says it expects to lose nearly half a billion dollars this year, and won't pay its shareholders a dividend.
Read in CNN Business: https://apple.news/
China pledges not to devalue yuan exchange rate after US currency manipulator designation
China will neither devalue the yuan nor change the way it manages the Chinese currency exchange rate after the United States designated it as a currency manipulator last week, according to China’s foreign exchange administration chief. The US Treasury…
Read in South China Morning Post: https://apple.news/AIvvJMX7eQ-
Global portfolio manager explains how the Hong Kong protest will affect emerging markets
The protests in Hong Kong escalated Monday morning as the airport canceled all flights for the day. Fabiana Fedeli, global head of fundamental equities and portfolio manager of emerging markets at Robeco, and CNBC Contributor Michelle Caruso-Cabrera join "Squawk Box" to discuss how the protests might be affecting the markets and the U.S.-China trade war.
Read in CNBC: https://apple.news/
DDDChina 'close' to launching its own digital coin amid growing interest in Facebook’s Libra
China is "close" to unveiling its own cryptocurrency, making it the first major economy to launch a state-backed digital coin, according to a top banking official.
Read in The Telegraph: https://apple.news/
Read in The Telegraph: https://apple.news/
Hong Kong protesters overwhelm airport for second day
Protesters swamped Hong Kong International Airport for a second straight day, blocking the gates to the security and immigration areas and snarling the busy transit hub. The airport suspended all check-in, and advised people not to go to the airport.
Read in The Wall Street Journal: https://apple.news/A-
EUROPE
Russia says small nuclear reactor blew up in deadly accident
The failed missile test that ended in an explosion killing five scientists last week on Russia’s White Sea involved a small nuclear reactor, according to a top official at the institute where they worked.
Read in Bloomberg: https://apple.news/
US-China trade war leaves Europe as collateral damage
Europe's economy is being knocked off course by the conflict between the U.S. and China over trade
Read in ABC News: https://apple.news/
Brexit 50p: Activists threaten boycott as treasury draws up plans for millions to enter circulation
Anti-Brexit activists have threatened to boycott a 50 pence piece that is set to mark the UK’s withdrawal from the EU, amid reports the Treasury intends to produce millions of the coins in time for 31 October.
Read in The Independent: https://apple.news/
Hong Kong protests hit London markets
Investors recoiled from U.K.-listed banks with business in the former British territory as protesters shut down the airport
Read in MarketWatch: https://apple.news/
Euro insurers switch negative yields for emerging debt
European insurers are snapping up more emerging-market debt, spurred on by worries that negative-yielding bonds in Europe might not offer enough returns to meet their future payments.
Read in Reuters: https://apple.news/
Russian failed nuclear test hints at Putin’s plans to beat U.S. defenses
"Is it dangerous? Yes! I think the phrase 'flying nuclear reactor' tells you all you need to know," one analyst said.
Read in NBC News: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
Closed for holiday.
The CBI for Wednesday 8/14/19 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/
8-14-2019 Newshound Guru Kaperoni ...There is no way the dinar can substantially revalue..especially at $3+. Iraq simply has to much currency in circulation...It is simply impossible for such an event to occur. An RV or RI even at 1 to $1 is not possible with 42 trillion dinar in circulation. That is 3 times the worlds money supply. Iraq could never afford such an event. The only possible solution would be a slow growth via a float as investment comes into Iraq to offset pressure/inflation. They then could collect dinar as it gradually appreciates reducing the money supply and liability. I know, the speed or rate in which a currency appreciates is based on the pressure created on the financial system which is controlled by the amount of investment. So the faster the investment or greater the investment, the faster the appreciation will be of the currency.
8-13-2019 Newshound Guru EHankins Article: "An Iraqi passenger arrested in Al-Shalamjah port in possession of 2.5 million dinars." In my opinion this person knows that the dinar is about to Skyrocket in price real soon ...why take a trip now and pay the expense for a long stay out of country ...
8-13-2019 Intel Guru MarkZ [ I hear they want the dong rate close to the Dinar rate?] I don’t see how that could happen...I am still looking for dong rate to be around $2 to mid $2’s.
8-13-2019 Newshound Guru Dinar Investor - Jeff Regarding 800 numbers. That's all...nonsense...disregard them. There are no 800 numbers.
8-13-2019 Newshound Guru Dinar Investor - Jeff Regarding 800 numbers. That's all...nonsense...disregard them. There are no 800 numbers.
8-13-2019 Intel Guru MarkZ Spoke with Mr. C [Michael Cottrell]…we had every expectation everything would go last night…Iraq contacts are very excited expecting the new rate late tonight…they expect the rate to be $3.91. The Iraqi people have really suffered…..they need this badly. Military guys still feel very good about today.
8-13-2019 Newshound Guru chattels Abdel Mahdi is not going to be removed by Parliament, IMO. ...What, if any, impact does a possible change in the Prime Minister have upon our liquidity event? Who knows? Arguably, displacement of the Prime Minister bespeaks continuing political instability and is not currency value friendly.
8-13-2019 Newshound Guru Vital Brad ...So we heard Iraq's going International. They can use their currency in other countries. We hadn't heard anything on it yet...until now. Union Bank of Iraq came out with information on their new pre-paid MasterCards. "Employees of private or public sector can receive their salaries through the MasterCard from the ATM of the bank or any other cashier inside or outside Iraq..." This is a huge step for Iraq. They are getting automatic payment systems...They can use their cards anywhere MasterCard is accepted...this is a big huge step for them...I think it's time for a rate change - in my opinion...it might be a real interesting week. We'll definitely keep our eyes [on it] to see how it unfolds...
8-13-2019 Newshound/Intel Guru Dinar Investor - Jeff Do you still think it's going to happen around September 21-22? The answer to that is heck yeah. The facts keep supporting that...The information and the facts is getting very predictable. It's scary how easy it is, for me at least, to target this thing right now. I feel very confident about what I'm sharing...
8-13-2019 Newshound Guru future Article: "Sadrists seek to overthrow Abdul Mahdi after the approval of the reference" more proof mahdi is out the door...its safe to say hes probably already gone...abadi is to be put back...hes already held the pm position.
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)
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 8-13-2019 around 9:30 am Eastern
At the request of PM @AdilAbdAlMahdi during his visit to Saudi Arabia in April, Iraq’s Hajj quota increased from around 33,000 to 50,000 pilgrims. The @IraqiGovt extends our best wishes to all Iraqis preforming this year pilgrimage, and wishes them a safe journey home.
*************
ARTICLE 3
Iraq .. discriminatory laws under the supervision of parties and 160 billion annually salaries for groups that fought the former regime
09:00 - 14/08/2019
FacebookViberWhatsAppEmail
Baghdad - Mawazine News
After 2003, the political forces in Iraq succeeded in enacting several parliamentary laws, which were considered special political projects that were separated to measure these parties and their interests.At the same time, they were accused of establishing classes within Iraqi society, which have higher financial, legal and civil rights than the rest of the Iraqis. Tens of thousands of Iraqis and their families enjoy privileges that the rest of the Iraqis do not have.
The beneficiaries of these privileges are those who enjoy the Law of Victims of the Former Regime, the Law of Jihad Service, the Law of the Martyrs Foundation, the Law on the Privileges of Members of Former Governments and Parliaments, the Law of Political Separations and the Law of the Rafha Detainees And chasing to leave Iraq for Saudi Arabia, some of whom were born in the camp).
The exact number of beneficiaries of these laws is unknown, but an official in Prime Minister Adel Abdul Mahdi's office estimated them to be "tens of thousands of beneficiaries of those laws," and that "they have become a reality through laws enacted between 2005 and 2017, All members of the political process will benefit from their various names after 2003. "
"All of this costs the state monthly salaries and concessions with an annual value of more than 160 billion dinars (about $ 148 million)."
The official stressed that "the government does not have the powers to modify, delete or freeze those monthly salaries paid to them, or restrict the privileges obtained such as plots of land and compete for educational seats and employment," but said: "The law of the Martyrs Foundation must be excluded from this controversy, which details Those who are covered under its law and many of them deserve just like the citizens covered by the Victims of Terrorism Act. "
He said that "the privileges obtained by those covered by the jihadi service or the victims of the former regime, or political separators are able to employ all university graduates in Baghdad and Basra for a month and three times as well."
Baghdad and Basra have witnessed demonstrations and sit-ins for about a month to hold graduate degrees, doctorates and masters and graduates of the College of Science and Petroleum Engineering, demanding their employment.However, the parliament is currently unable to amend or stop these laws, and timid attempts to clash with the continued dominance of the beneficiary parties in parliamentary seats.
For his part, MP for the "national axis", Yahya al-Mohammadi, that "the laws that have split the Iraqi society between the beneficiary of the state and revenge, has begun in earlier stages, and that the House of Representatives is currently different performance and thinking and outputs, and seeks in this session to address a lot of laws Initiated in exceptional circumstances, particularly those of a political, sectarian and societal character. "
"These laws have greatly influenced the existence of discrimination between segments of society at the expense of other segments," Mohammedi said. "They violate the Civil Service Law. There is resentment by large blocs in parliament, and grumbling from within the Shiite blocs that made these laws."
For his part, MP Hanin Kaddou, that "there is a mismanagement, and errors in the distribution of financial resources to Iraqis, which created an unfair system in the country, and left class differences through several laws," pointing out that "there are those who receive 10 high salaries under the names of the fight "The former regime (Saddam Hussein), and there are those who receive only $ 100 every month. Knowing that all Iraqis are victims of Saddam's regime and no one is tortured more than another."
He stressed that "Parliament feels injustice and the gap between segments of society created by government and parliamentary laws, moving to amend laws such as jihadist service and Rafha."
He pointed out that "parliamentary movements can not bear fruit without the presence of the parliamentary majority, in order to open the files of laws and study again and modify, because some members of the House of Representatives, are the most beneficiaries of these laws, not to mention the reluctance of some political forces to open these files."
Observers felt that "those unjust laws that have brought about the destruction of the Iraqi society and its institutions, can only be abolished with the strong will of the Prime Minister and Speaker of Parliament.
Political expert Abdul Rahman al-Ani stressed that "simple parliamentary demands and actions cannot do anything about these laws, which generate huge profits and benefits for the beneficiaries. This requires the heads of government and parliament to adopt a clear position towards them, and to adopt those demands and support them for re-review." Those laws. "
*************
ARTICLE 4
Learn how to protect your voice data on IPhone
14-08-2019 11:45 AM
The problem of voice data has become one of the most prominent problems that concern users of the phones 'iPhone' after the scandals that affected the company 'Apple' for violating the privacy laws of users.
After news circulated by several international media that indicated that Apple employees listen to users' voice data they receive through Siri aid, and after being accused of violating consumer rights laws, Apple was forced to admit it, but its users are more concerned about how They protect their personal data from intrusion.
To protect this data from access to any party advised by technology experts to delete them from the phones 'iPhone' and prevent access to the 'Apple' by following a few steps:
-Go to phone settings.
- Press the Siri & Search option.
- Disable Siri.
You can do another task by going to the phone's settings, then the General section, and then pressing the keyboard option, and then turn off the option Enable Dictation, to stop the keyboard in the phone from receiving voice commands.
No comments:
Post a Comment