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Iraq .. Budget 2020 will reach parliament early next October
21-08-2019 10:40 AM
Orbit Agency -
Baghdad
Revealed the Finance Committee in the House of Representatives, on Wednesday, included in the budget of Iraq for the year 2020 a lot of imposing work and job grades for graduates and unemployed.
Fadel Al-Fatlawi, a member of the committee, said in a statement: 'The 2020 budget, which will reach the parliament early next October, will include a lot of job opportunities and job grades for graduates and the unemployed.'
Al-Fatlawi added that 'Parliament seeks to provide work in investment projects through the rehabilitation and operation of factories inactivated for 16 years, in addition to stopping foreign workers that have negatively affected the reality of work in the country'.
He pointed out that the Minister of Labor and Social Affairs discussed with the Minister of Industry the need to operate idle factories and put the unemployed and the employment of Iraqis, as well as the employment of more than 50 percent of the Iraqi labor in foreign oil companie
Hoshyar Zebari reveals part of a historic meeting between Massoud Barzani and Sistani
2019/08/21 06:57:49
The leader of the Kurdistan Democratic Party, Hoshyar Zebari, in an interview with "Independent" in Arabic on Tuesday for a meeting with the date of the party leader Massoud Barzani and the supreme authority of Shiites in Iraq at the latter's headquarters in the city of Najaf.
Zebari said he had prepared for that meeting immediately after the fall of the former regime and told the first president of the Kurdistan region the need to meet Sistani.
Zebari adds that Barzani told him, "Can you arrange the matter? I told him today and tomorrow I will prepare him."
"Then we went to Najaf and we were accompanied by journalists. In the return we met Bremer. He told me, 'You didn't say you're going to visit Najaf. I had a message I'd like to get to Sistani,'" he said. , And the message arrived. "
"Bremer has a plan to hold American-style local conferences at the provincial and country levels," Zebari said in the interview. "But the Governing Council passed the Transitional State Administration Law, which was the prelude to the constitution. They created it, to be a road map for the constitution. "
Zebari went on to say that at first the Shiite forces objected, and later everyone agreed to the law of the Iraqi state. Sistani rejected Bremer's idea, saying the constitution should be written by people elected by the people.
"It is the first time he (Sistani) told President Barzani: For me the most important thing is the constitution. The Sunni forces, in turn, were rejecting it."
"Even when the institutions, the army, and the authorities began to form, [Sunni forces] refused to participate, so the Sunni leaders forbade the participation of Sunnis in the formations that were then. We supported and encouraged Sunnis. "It was impossible. Syria had a disruptive role in pushing the Sunni forces down that path."
Newspaper: Coalition air umbrella Iraqi airspace has not changed after the decision of Abdul-Mahdi
2019-08-21 | 03:01
WASHINGTON (Reuters) - Coalition airspace for Iraqi airspace remains unchanged after Prime Minister Adel Abdul Mahdi's decision to grant flight approvals, an Arab newspaper said on Monday, citing US promises to improve Iraq's air defense capabilities.
2019-08-21 | 03:01
The newspaper quoted a security source as saying that "the umbrella program of the coalition forces in Iraqi airspace has not yet changed the decision revealed by Prime Minister Adel Abdul Mahdi last Thursday," noting that "US fighter jets, and aviation that provides Iraqis with air pictures and important information in the movement of troops The Iraqi ground, especially between latitudes 34 and 36, is continuing at the same pace, "he said, referring to the areas of Nineveh and Anbar specifically north and west of Iraq.
He continued that "there is an understanding with the international coalition on the subject, through a joint coordination room through which the Iraqis are informed of US flights, or any of the coalition countries against ISIS," adding that "there are American promises to improve Iraq's capabilities in air defense."
On August 15, 2019, Prime Minister Adel Abdul Mahdi canceled all flight approvals in Iraqi airspace.
While the deputy of the Building Alliance Abdul Amir al-Mayahi, on Sunday, questioned the credibility of the international coalition in adhering to the decision of the Commander-in-Chief Adel Abdul Mahdi to prevent any flight in Iraqi airspace without his consent or authorized him, stressing that the protection of Iraq's airspace should be through Strong Iraqi air defense.
Pompeo urges fresh thinking on Mideast, warns Iran
By - Associated Press - Tuesday, August 21, 2019
U
NITED NATIONS (AP) - US Secretary of State Mike Pompeo says greater cooperation and “fresh thinking to solve old problems” are needed in the Middle East - but he also warns that Iran and its proxies are continuing “to foment terror and unrest” in the region.
In a speech to the UN Security Council on Tuesday about the complex challenges facing the Middle East, Pompeo said that Iran actions in Iraq, Lebanon, Syria and Yemen are also having “devastating humanitarian consequences.”
But he said: “Clearly, from Aleppo to Aden, from Tripoli to Tehran, greater cooperation in the Middle East is needed more than ever.”
He said it's now time to tackle challenges facing the region from conflict raging in Libya, continuing violence in Syria, and a growing rift among Gulf countries\
Saadi: Targeting the headquarters of the crowd shows a real project to target national sovereignty
By AhadNA4 21/08/2019 12:11 AM |
A member of the political bureau of the movement of Asaib Ahl al-Haq Saad al-Saadi, on Tuesday, that the repeated targeting of the stores crowd indicates a real project to target the security system. Al-Saadi said in a tweet to his social networking site Twitter followed by Al-Ahd News that the repeated targeting of headquarters and stores. The ammunition of the Popular Mobilization demonstrates a clear and real project to target the security system and national sovereignty.
The prime minister and the Iraqi parliament must show the truth to the people and firmly confront the American and Israeli aggressions, otherwise the crowd, the army and the people will have their position he said.
Strongly worded statement of deputies of the liberated provinces against the government .. This is their demand for Abdul Mahdi
Release date:: 2019/8/21 0:09 • 207 times read
(Baghdad: Al-Furat News) Deputies of the liberated provinces issued a strong statement against the government, while demanding Abdul-Mahdi to determine the fate of the abducted and forcibly absent.
The statement of deputies, which received (Euphrates News) copy of it as follows:
"Statement issued by a special meeting of deputies of the liberated provinces
In the name of of Allah the Merciful
At the invitation of Mr. Osama Abdul Aziz Al-Nujaifi, a meeting was held on Tuesday 20th of August 2019, which included members of the House of Representatives representatives of the liberated provinces of the current and former deputies.
The meeting discussed a sensitive file, and a wound that is still bleeding is the file of the abducted and forcibly disappeared, as well as the file of unidentified bodies, and the pain and suffering that this leaves thousands of families who have been plagued by acts and circumstances that are not responsible for what is legally and legally responsible, as they discussed. As the continuation of the crisis of the displaced, and the reconstruction of destroyed cities.
The conferees stressed the fact that the government effort and under the legal responsibility was not as important as the seriousness of this dossier, the facts associated with it are still absent, and the absentees and kidnappers in Razzazah, Bzebiz, Saqlawiyah, Samarra, Jurf al-Sakhr, Diyala, Salah al-Din, Nineveh, Kirkuk, Baghdad belt and others, are still a fundamental question. About their unknown fate ..
In the face of this unacceptable situation, and the fact that there are entities and militias operating outside the State and conduct acts and crimes without accountability or account, and before the repeated sighting of unidentified bodies, without the issuance of a statement or statement specifying how this happens and what is the government's effort to uncover the real perpetrators, and without To know the identities of these citizens, and in the face of the fact that the blood of the victims is not statute of limitations, in front of all this, left to the assembled representatives of the people of the liberated provinces only to take the following decisions and recommendations:
1. We are the deputies who met today to represent the Iraqi people, and do not differentiate or stop in the face of race, religion or sect, and do not accept that one Iraqi citizen is subjected to injustice or arbitrariness or be the victim of sectarian policies and agendas that have nothing to do with the essence of our noble people and its known authenticity. We declare the responsibility of the government to address this file and turn its page in a way that restores the right and dignity to any oppressed and within a specific time limit without procrastination or the formation of committees we do not know the results of its work, and in a transparent and open manner to all citizens.
2. We have detailed files that have already been handed over to the responsible authorities, including the file of the crime of Sicily, without reaching results for a reason that can not be explained only by the lack of solid will to address and finish this file for accounts clashing with the interests of groups and groups with non-national agendas. If this situation continues and the measures are not taken according to the first point, we are obliged to follow along such paths as the judicial track and the international track by presenting this humanitarian file to the international community, human rights organizations and international courts, as a crime against humanity.
3. The people who are most affected are the people, and we can only be with our people and our public to reach the full truths and take all necessary to redress the oppressed and the retribution of the criminals. This is the will of the people, and the government must respect them through the implementation of the measures that lead to it. The procrastination of the grievances of the people and subject them to the vicissitudes of the political process, because it will face legal accountability as well as transcendence of human values and conscience.
4. The issue of displaced persons is still open, complaining about the slow and sometimes lost procedures. We have the displacement of more than one hundred thousand citizens from the area of Jurf al-Sakhr. The years after the liberation of the area, citizens are still outside their area. Demographic change, secret camps and prisons, the exploitation of vast tracts of agricultural land, and extra-legal activities without the government's ability to impose state control, raising fundamental questions about the government's responsibility to its people, and if any official claims otherwise, Cabinet to form a government delegation and deputy And my people from the people of the rock cliff to visit the area and see the field on the reality of what is going on, and is still rock cliff part of the Iraqi state, and governed by law as?
5. The fact that these crimes are officially documented, together with the families of the victims and thousands of living witnesses, opens a wide gate for the Iraqi judiciary to take its legal role defending the right and justice and rejecting injustice and aggression, away from political agendas, and the interests of all parties, whatever the word. Judicial intervention is required and decisive, and can not wait for the intervention of the judiciary, and to say the word of truth, over an open time, victims and their families have rights no one has the right to ignore them, or justify not to disclose them under the pretext of provoking sectarianism, because it is an issue, and the wounds of conscience and conscience of every bereaved mother or wife Suffered a lost or absent husband or son, What has happened is crimes against humanity that hurt the conscience of any citizen and any human being, and the international community and human rights organizations cannot lose sight of what happened without realizing the right, guaranteeing the rights of the victims, and restoring confidence to their families who have suffered injustice and abuse.
6. The meeting decided to form a follow-up committee to communicate with the official authorities in the government, the judiciary and the international community, as well as to communicate with the families of missing and absentees and document all activities and information related to this fil
- See more at: http://translate.
"Statement issued by a special meeting of deputies of the liberated provinces
In the name of of Allah the Merciful
At the invitation of Mr. Osama Abdul Aziz Al-Nujaifi, a meeting was held on Tuesday 20th of August 2019, which included members of the House of Representatives representatives of the liberated provinces of the current and former deputies.
The meeting discussed a sensitive file, and a wound that is still bleeding is the file of the abducted and forcibly disappeared, as well as the file of unidentified bodies, and the pain and suffering that this leaves thousands of families who have been plagued by acts and circumstances that are not responsible for what is legally and legally responsible, as they discussed. As the continuation of the crisis of the displaced, and the reconstruction of destroyed cities.
The conferees stressed the fact that the government effort and under the legal responsibility was not as important as the seriousness of this dossier, the facts associated with it are still absent, and the absentees and kidnappers in Razzazah, Bzebiz, Saqlawiyah, Samarra, Jurf al-Sakhr, Diyala, Salah al-Din, Nineveh, Kirkuk, Baghdad belt and others, are still a fundamental question. About their unknown fate ..
In the face of this unacceptable situation, and the fact that there are entities and militias operating outside the State and conduct acts and crimes without accountability or account, and before the repeated sighting of unidentified bodies, without the issuance of a statement or statement specifying how this happens and what is the government's effort to uncover the real perpetrators, and without To know the identities of these citizens, and in the face of the fact that the blood of the victims is not statute of limitations, in front of all this, left to the assembled representatives of the people of the liberated provinces only to take the following decisions and recommendations:
1. We are the deputies who met today to represent the Iraqi people, and do not differentiate or stop in the face of race, religion or sect, and do not accept that one Iraqi citizen is subjected to injustice or arbitrariness or be the victim of sectarian policies and agendas that have nothing to do with the essence of our noble people and its known authenticity. We declare the responsibility of the government to address this file and turn its page in a way that restores the right and dignity to any oppressed and within a specific time limit without procrastination or the formation of committees we do not know the results of its work, and in a transparent and open manner to all citizens.
2. We have detailed files that have already been handed over to the responsible authorities, including the file of the crime of Sicily, without reaching results for a reason that can not be explained only by the lack of solid will to address and finish this file for accounts clashing with the interests of groups and groups with non-national agendas. If this situation continues and the measures are not taken according to the first point, we are obliged to follow along such paths as the judicial track and the international track by presenting this humanitarian file to the international community, human rights organizations and international courts, as a crime against humanity.
3. The people who are most affected are the people, and we can only be with our people and our public to reach the full truths and take all necessary to redress the oppressed and the retribution of the criminals. This is the will of the people, and the government must respect them through the implementation of the measures that lead to it. The procrastination of the grievances of the people and subject them to the vicissitudes of the political process, because it will face legal accountability as well as transcendence of human values and conscience.
4. The issue of displaced persons is still open, complaining about the slow and sometimes lost procedures. We have the displacement of more than one hundred thousand citizens from the area of Jurf al-Sakhr. The years after the liberation of the area, citizens are still outside their area. Demographic change, secret camps and prisons, the exploitation of vast tracts of agricultural land, and extra-legal activities without the government's ability to impose state control, raising fundamental questions about the government's responsibility to its people, and if any official claims otherwise, Cabinet to form a government delegation and deputy And my people from the people of the rock cliff to visit the area and see the field on the reality of what is going on, and is still rock cliff part of the Iraqi state, and governed by law as?
5. The fact that these crimes are officially documented, together with the families of the victims and thousands of living witnesses, opens a wide gate for the Iraqi judiciary to take its legal role defending the right and justice and rejecting injustice and aggression, away from political agendas, and the interests of all parties, whatever the word. Judicial intervention is required and decisive, and can not wait for the intervention of the judiciary, and to say the word of truth, over an open time, victims and their families have rights no one has the right to ignore them, or justify not to disclose them under the pretext of provoking sectarianism, because it is an issue, and the wounds of conscience and conscience of every bereaved mother or wife Suffered a lost or absent husband or son, What has happened is crimes against humanity that hurt the conscience of any citizen and any human being, and the international community and human rights organizations cannot lose sight of what happened without realizing the right, guaranteeing the rights of the victims, and restoring confidence to their families who have suffered injustice and abuse.
6. The meeting decided to form a follow-up committee to communicate with the official authorities in the government, the judiciary and the international community, as well as to communicate with the families of missing and absentees and document all activities and information related to this fil
Kurds Constitute Half of Political Prisoners in Iran: UN
Nearly half of the political prisoners in Iran are Kurds, the United Nations Special Rapporteur on Human Rights in Iran, Javaid Rehman, said on Tuesday.
He revealed that the Iranian authorities have arrested a total of 199 Kurdish citizens this year alone over political views, while a great number of Kurds have been sentenced to death by hanging in the country.
The UN said in a report on August 16, cited by Kurdistan 24, that there are eight to ten million Kurds in Iran, but that the majority of them are suffering from lack of economic development and unemployment rates.
"There are very few Kurdish senior officials in the government, and the Kurdish language is taught only by civil society groups, not in official schools," it said, according to Kurdistan 24.
The UN further explained that Iran arrested 828 Kurds in 2018 and 199 others in the following year, many of whom were sentenced to several years in jail.
Deputies of the liberated areas issue a sharp statement on the fate of the abducted and forcibly absent
21-08-2019 12:44 AM
Baghdad
Deputies of the liberated provinces issued a strong statement against the government, while demanding Prime Minister Adel Abdel Mahdi to determine the fate of the abducted and forcibly absent.
The statement of deputies as follows:
'Statement issued by a special meeting of deputies of the liberated provinces
In the name of of Allah the Merciful
At the invitation of Mr. Osama Abdul Aziz Al-Nujaifi, a meeting was held on Tuesday 20th of August 2019, which included members of the House of Representatives representatives of the liberated provinces of the current and former deputies.
The meeting discussed a sensitive file, and a wound that is still bleeding is the file of the abducted and forcibly disappeared, as well as the file of unidentified bodies, and the pain and suffering that this leaves thousands of families who have been plagued by acts and circumstances that are not responsible for what is legally and legally responsible, as they discussed. As the continuation of the crisis of the displaced, and the reconstruction of destroyed cities.
The conferees stressed the fact that the government effort and under the legal responsibility was not as important as the seriousness of this dossier, the facts associated with it are still absent, and the absentees and kidnappers in Razzazah, Bzebiz, Saqlawiyah, Samarra, Jurf al-Sakhr, Diyala, Salah al-Din, Nineveh, Kirkuk, Baghdad belt and others, are still a fundamental question. About their unknown fate ..
In the face of this unacceptable situation, and the fact that there are entities and militias operating outside the State and conduct acts and crimes without accountability or account, and before the repeated sighting of unidentified bodies, without the issuance of a statement or statement specifying how this happens and what is the government's effort to uncover the real perpetrators, and without To know the identities of these citizens, and in the face of the fact that the blood of the victims is not statute of limitations, in front of all this, left to the assembled representatives of the people of the liberated provinces only to take the following decisions and recommendations:
1. We are the deputies who met today to represent the Iraqi people, and do not differentiate or stop in the face of race, religion or sect, and do not accept that one Iraqi citizen is subjected to injustice or arbitrariness or be the victim of sectarian policies and agendas that have nothing to do with the essence of our noble people and its known authenticity. We declare the responsibility of the government to address this file and turn its page in a way that restores the right and dignity to any oppressed and within a specific time limit without procrastination or the formation of committees we do not know the results of its work, and in a transparent and open manner to all citizens.
2. We have detailed files that have already been handed over to the responsible authorities, including the file of the crime of Sicily, without reaching results for a reason that can not be explained only by the lack of solid will to address and finish this file for accounts clashing with the interests of groups and groups with non-national agendas. If this situation continues and the measures are not taken according to the first point, we are obliged to follow along such paths as the judicial track and the international track by presenting this humanitarian file to the international community, human rights organizations and international courts, as a crime against humanity.
3. The people who are most affected are the people, and we can only be with our people and our public to reach the full truths and take all necessary to redress the oppressed and the retribution of the criminals. This is the will of the people, and the government must respect them through the implementation of the measures that lead to it. The procrastination of the grievances of the people and subject them to the vicissitudes of the political process, because it will face legal accountability as well as transcendence of human values and conscience.
4. The issue of displaced persons is still open, complaining about the slow and sometimes lost procedures. We have the displacement of more than one hundred thousand citizens from the area of Jurf al-Sakhr. The years after the liberation of the area, citizens are still outside their area. Demographic change, secret camps and prisons, the exploitation of vast tracts of agricultural land, and extra-legal activities without the government's ability to impose state control, raising fundamental questions about the government's responsibility to its people, and if any official claims otherwise, Cabinet to form a government delegation and deputy And my people from the people of the rock cliff to visit the area and see the field on the reality of what is going on, and is still rock cliff part of the Iraqi state, and governed by law as?
5. The fact that these crimes are officially documented, together with the families of the victims and thousands of living witnesses, opens a wide gate for the Iraqi judiciary to take its legal role defending the right and justice and rejecting injustice and aggression, away from political agendas, and the interests of all parties, whatever the word. Judicial intervention is required and decisive, and can not wait for the intervention of the judiciary, and to say the word of truth, over an open time, victims and their families have rights no one has the right to ignore them, or justify not to disclose them under the pretext of provoking sectarianism, because it is an issue, and the wounds of conscience and conscience of every bereaved mother or wife Suffered a lost or absent husband or son, What has happened is crimes against humanity that hurt the conscience of any citizen and any human being, and the international community and human rights organizations cannot lose sight of what happened without realizing the right, guaranteeing the rights of the victims, and restoring confidence to their families who have suffered injustice and abuse.
6. The participants decided to form a follow-up committee to communicate with the official authorities in the government, the judiciary and the international community, as well as to communicate with the families of missing and absentees and document all activities and information related to this file '.
Deputies of the liberated provinces issued a strong statement against the government, while demanding Prime Minister Adel Abdel Mahdi to determine the fate of the abducted and forcibly absent.
The statement of deputies as follows:
'Statement issued by a special meeting of deputies of the liberated provinces
In the name of of Allah the Merciful
At the invitation of Mr. Osama Abdul Aziz Al-Nujaifi, a meeting was held on Tuesday 20th of August 2019, which included members of the House of Representatives representatives of the liberated provinces of the current and former deputies.
The meeting discussed a sensitive file, and a wound that is still bleeding is the file of the abducted and forcibly disappeared, as well as the file of unidentified bodies, and the pain and suffering that this leaves thousands of families who have been plagued by acts and circumstances that are not responsible for what is legally and legally responsible, as they discussed. As the continuation of the crisis of the displaced, and the reconstruction of destroyed cities.
The conferees stressed the fact that the government effort and under the legal responsibility was not as important as the seriousness of this dossier, the facts associated with it are still absent, and the absentees and kidnappers in Razzazah, Bzebiz, Saqlawiyah, Samarra, Jurf al-Sakhr, Diyala, Salah al-Din, Nineveh, Kirkuk, Baghdad belt and others, are still a fundamental question. About their unknown fate ..
In the face of this unacceptable situation, and the fact that there are entities and militias operating outside the State and conduct acts and crimes without accountability or account, and before the repeated sighting of unidentified bodies, without the issuance of a statement or statement specifying how this happens and what is the government's effort to uncover the real perpetrators, and without To know the identities of these citizens, and in the face of the fact that the blood of the victims is not statute of limitations, in front of all this, left to the assembled representatives of the people of the liberated provinces only to take the following decisions and recommendations:
1. We are the deputies who met today to represent the Iraqi people, and do not differentiate or stop in the face of race, religion or sect, and do not accept that one Iraqi citizen is subjected to injustice or arbitrariness or be the victim of sectarian policies and agendas that have nothing to do with the essence of our noble people and its known authenticity. We declare the responsibility of the government to address this file and turn its page in a way that restores the right and dignity to any oppressed and within a specific time limit without procrastination or the formation of committees we do not know the results of its work, and in a transparent and open manner to all citizens.
2. We have detailed files that have already been handed over to the responsible authorities, including the file of the crime of Sicily, without reaching results for a reason that can not be explained only by the lack of solid will to address and finish this file for accounts clashing with the interests of groups and groups with non-national agendas. If this situation continues and the measures are not taken according to the first point, we are obliged to follow along such paths as the judicial track and the international track by presenting this humanitarian file to the international community, human rights organizations and international courts, as a crime against humanity.
3. The people who are most affected are the people, and we can only be with our people and our public to reach the full truths and take all necessary to redress the oppressed and the retribution of the criminals. This is the will of the people, and the government must respect them through the implementation of the measures that lead to it. The procrastination of the grievances of the people and subject them to the vicissitudes of the political process, because it will face legal accountability as well as transcendence of human values and conscience.
4. The issue of displaced persons is still open, complaining about the slow and sometimes lost procedures. We have the displacement of more than one hundred thousand citizens from the area of Jurf al-Sakhr. The years after the liberation of the area, citizens are still outside their area. Demographic change, secret camps and prisons, the exploitation of vast tracts of agricultural land, and extra-legal activities without the government's ability to impose state control, raising fundamental questions about the government's responsibility to its people, and if any official claims otherwise, Cabinet to form a government delegation and deputy And my people from the people of the rock cliff to visit the area and see the field on the reality of what is going on, and is still rock cliff part of the Iraqi state, and governed by law as?
5. The fact that these crimes are officially documented, together with the families of the victims and thousands of living witnesses, opens a wide gate for the Iraqi judiciary to take its legal role defending the right and justice and rejecting injustice and aggression, away from political agendas, and the interests of all parties, whatever the word. Judicial intervention is required and decisive, and can not wait for the intervention of the judiciary, and to say the word of truth, over an open time, victims and their families have rights no one has the right to ignore them, or justify not to disclose them under the pretext of provoking sectarianism, because it is an issue, and the wounds of conscience and conscience of every bereaved mother or wife Suffered a lost or absent husband or son, What has happened is crimes against humanity that hurt the conscience of any citizen and any human being, and the international community and human rights organizations cannot lose sight of what happened without realizing the right, guaranteeing the rights of the victims, and restoring confidence to their families who have suffered injustice and abuse.
6. The participants decided to form a follow-up committee to communicate with the official authorities in the government, the judiciary and the international community, as well as to communicate with the families of missing and absentees and document all activities and information related to this file '.
Massive explosions shake the PMU's weapons stores in Iraq amid US-Iranian tensions and Israeli allusions
Wednesday 21 August 2019 0:12
Inspect the location of bombings targeting weapons stores (social networking sites)
A huge fire has devastated several military stores belonging to the Iraqi Popular Mobilization militias near the Balad military air base in Salah al-Din province, where huge shells have flown over the various areas surrounding these stores, extending for several kilometers, including the walls of Balad military base, witnesses said. An eyewitness to the Independent Arab, who predicted from the sounds of the explosions, that the warehouse will be a hideout for a large military equipment, including strategic missiles.
Location and target
Witnesses close to Hadath confirmed that several massive explosions occurred at a location near Balad Air Base, and that local residents initially thought it was an earthquake, but soon saw the fire devouring the headquarters of the Jund al-Imam Ali faction. The headquarters of its military equipment.
Iraqi observers confirmed that all fire and rescue teams failed until long hours after the bombings to put out the fires that accompanied them, including fires that erupted in the vicinity of the site by the projectiles, which led to the local population to evacuate their homes, and the government to send Iraqi fire brigades from the capital, Baghdad, about 80 kilometers away. The same sources pointed out that the US military forces at Balad air base evacuated their usual deployment location, and took refuge in fortified shelters, within the same base.
The Jund Imam Ali Brigades is one of the many formations of the Popular Mobilization Militia, and is one of the earliest formations of the Popular Mobilization of Iranian influence inside Iraq. The Jund al-Imam Brigades are affiliated with the Islamic Movement in Iraq, led by Iraqi parliamentarian Ahmad al-Asadi, who served as the spokesman for the Popular Mobilization Commission, and is currently the spokesperson for the Fateh Parliamentary Coalition, the political front of the Popular Mobilization factions affiliated with Iran. This particular faction, along with the two factions of the Badr Brigades and Asaib Ahl al-Haqq.
The Iraqi Islamic Movement has been known for its pro-Iranian positions, as well as its absolute rejection of any demand to control, reorganize and form the popular mobilization politically and professionally. It even threatened to sue former Prime Minister Haider al-Abadi when he accused the Hashd of containing fake elements and military domination of some areas. The Islamic Movement was also the most dissatisfied with the recent Diwaniya order of Prime Minister Adel Abdul Mahdi, which called for controlling the positions and members of the Popular Mobilization and linking them with the centrality of the Iraqi army.
Possibilities of the implementing agency
Observers of the Iraqi military scene, pointing out that the massive bombings in the stores of the Iraqi Popular Mobilization is part of a series of strikes and "mysterious" attacks on the headquarters and stores of the crowd over the past month. A series of bombings in Camp Saqr south of Baghdad last week wounded about 30 civilians. The Iraqi Prime Minister ordered the transfer of all Iraqi weapons depots out of cities.The series of attacks began on July 18, when the base of the "Martyrs' Camp" near the town of Amerli was attacked by unidentified guided aircraft.
Iraqi researcher Sarmad al-Taie, in contact with the Independent Arab, pointed out that these attacks are part of the US-Iranian conflict on the land of Iraq. Depending on the nature of these targets, Israel or the United States are probably behind these events. Taie added that global intelligence services may not always have to launch air strikes, and that the bombing of weapons stores may be through explosive devices for one or those pieces, which leads to the destruction of the entire facility.
Iraqi observers have ruled out the possibility of internal Iraqi involvement in the matter, recalling that this latest bombing came a few hours after the remarkable statements by Israeli Prime Minister Benjamin Netanyahu, in which he hinted that his country could be responsible for these attacks. "Iran has no immunity anywhere," Netanyahu told reporters from his residence in the Ukrainian capital of Kiev, adding: "Iran threatens Israel and has become more aggressive since the 2015 nuclear deal," stressing that his country is acting against Iran, wherever It was necessary.
Netanyahu's remarks were added to previous statements by US President Donald Trump at the start of the series of bombings. The US president denied that his country was the perpetrator of these attacks, but said it was informed of these strikes before they occurred and that an ally of the United States carried out them. .
Iraqi deficit
Official Iraqi authorities have shown a growing deficit in the ability to form any reaction to these attacks, and in any direction. Even the demand to close Iraqi airspace to international shipping, put forward by some Iraqi political figures, to control attacks inside Iraq, has not received any response.
Iraqi Defense Minister Najah al-Shammari arrived at the Balad military air base to follow up closely, although he did not issue any statement about the steps his government would take towards these events. The Iraqi government demonstrates its inability in two directions: military: the inability of the Iraqi army to respond to these attacks, or a politician to control and organize the PMU.
Iraqi civil activist and researcher Sarmad al-Taie, assured the Independent Arab that civil campaigns will be launched soon from all cities of Iraq, to demand the presidencies of the Republic, parliament and government to end these incidents, through a full inventory of all equipment stores and headquarters of Iraqi soldiers and Popular Mobilization factions, and make sure The existence of any uncontrolled weapons belonging to the Ministry of Defense and the Iraqi army, and not turned into centers for the storage and use of strategic weapons for the benefit of a neighboring country, to save Iraq from the clutches of the Iranian-American conflict. The Taie activist pointed out that these civil movements will be in the form of demonstrations and pressure youth groups, pointing out that the lack of action may lead to the entire future of Iraq.
Plan to withdraw the army from the cities and hand it over to the police
A mysterious explosion in the weapons stores of the Iraqi Hezbollah
Date posted: 21/08/2019
An Iraqi security source said yesterday that a fire broke out in weapons stores belonging to the Popular Mobilization Militia, next to al-Balad air base (formerly al-Bakr) in Salah al-Din province. The security media cell announced that a joint Iraqi military force managed to liquidate six members of ISIS. The counterterrorism service arrested 10 ISIS supporters in Baghdad and Anbar provinces, while Defense Minister Najah al-Shammari met with Federal Police Chief Lieutenant General Raed Shaker Jawdat. Ministry of Interior security file within the cities, the army withdrawal from Ha.
The source explained that the fire broke out after the area in the district of Balad, south of Salah al-Din, was hit by mortar shells. Local sources said that dozens of projectiles fell on areas near the site of the explosion. The leaders of the Popular Mobilization Militia said that the explosion of the weapons stores was "not accidental," especially since it includes Katyusha shells and various types of weapons.
In a statement, the cell said that a joint force, based on intelligence information, clashed with terrorist elements in the Atshana mountain range. And killed the terrorists inside. A security source said six people from the same family were killed in an attack west of Mosul.
"Unidentified gunmen stormed a house in Zammar district, killing one family of father and mother and four children of varying ages, before fleeing," said Captain Ahmed al-Obeidi of Nineveh police.
"According to accurate intelligence, the first Special Operations Command, a unit of the Counter-Terrorism Forces, carried out specific operations to track down the remnants of ISIS, which resulted in the arrest of 10 terrorists in areas north and south of Baghdad and west," the counterterrorism agency said in a statement. Anbar Province.
On the other hand, the Ministry of Defense said in a statement that «the Minister of Defense received the commander of the Federal Police, and discussed the meeting mechanism to implement the decision of the Commander-in-Chief of the Armed Forces, to receive the Interior Ministry security file within cities, and the withdrawal of army sectors from them». Thus, the Iraqi security file has become under the management of the various forces of the Ministry of Interio
- See more at: http://translate.
An Iraqi security source said yesterday that a fire broke out in weapons stores belonging to the Popular Mobilization Militia, next to al-Balad air base (formerly al-Bakr) in Salah al-Din province. The security media cell announced that a joint Iraqi military force managed to liquidate six members of ISIS. The counterterrorism service arrested 10 ISIS supporters in Baghdad and Anbar provinces, while Defense Minister Najah al-Shammari met with Federal Police Chief Lieutenant General Raed Shaker Jawdat. Ministry of Interior security file within the cities, the army withdrawal from Ha.
The source explained that the fire broke out after the area in the district of Balad, south of Salah al-Din, was hit by mortar shells. Local sources said that dozens of projectiles fell on areas near the site of the explosion. The leaders of the Popular Mobilization Militia said that the explosion of the weapons stores was "not accidental," especially since it includes Katyusha shells and various types of weapons.
In a statement, the cell said that a joint force, based on intelligence information, clashed with terrorist elements in the Atshana mountain range. And killed the terrorists inside. A security source said six people from the same family were killed in an attack west of Mosul.
"Unidentified gunmen stormed a house in Zammar district, killing one family of father and mother and four children of varying ages, before fleeing," said Captain Ahmed al-Obeidi of Nineveh police.
"According to accurate intelligence, the first Special Operations Command, a unit of the Counter-Terrorism Forces, carried out specific operations to track down the remnants of ISIS, which resulted in the arrest of 10 terrorists in areas north and south of Baghdad and west," the counterterrorism agency said in a statement. Anbar Province.
On the other hand, the Ministry of Defense said in a statement that «the Minister of Defense received the commander of the Federal Police, and discussed the meeting mechanism to implement the decision of the Commander-in-Chief of the Armed Forces, to receive the Interior Ministry security file within cities, and the withdrawal of army sectors from them». Thus, the Iraqi security file has become under the management of the various forces of the Ministry of Interio
- See more at: http://translate.
Plan to withdraw the army from the cities and hand it over to the police
A mysterious explosion in the weapons stores of the Iraqi Hezbollah
Date posted: 21/08/2019
- See more at: http://translate.
Plan to withdraw the army from the cities and hand it over to the police
A mysterious explosion in the weapons stores of the Iraqi Hezbollah
Date posted: 21/08/2019
Halbousi approves the request of the judiciary to lift the immunity from 8 deputies
In Politics 21 August, 2019 11 visit
BAGHDAD / SNG - The presidency of parliament has lifted the immunity of eight deputies, sources said on Tuesday.
Media sources said, "The Speaker of the House of Representatives, Mohammed Halbousi lifted immunity from 8 deputies," pointing out that among the deputies Ahmed al-Jubouri (Abu Mazen), and nights Bayati and Nahla al-Rawi.
The House of Representatives begins its third legislative term, early next month, by lifting the immunity of 21 of its members accused of criminal cases and financial corruption.
Plan to withdraw the army from the cities and hand it over to the police
A mysterious explosion in the weapons stores of the Iraqi Hezbollah
Plan to withdraw the army from the cities and hand it over to the police
A mysterious explosion in the weapons stores of the Iraqi Hezbollah
Kauaihn Economic Times:
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Today in History
Today in History
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10 Things to Know for Today
Among 10 Things to Know: White House insists 'fundamentals' of US economy are strong; Huawei expects no relief from US sanctions but confident in future; Die-hard Hong Kong protesters defend tactics as unity cracks
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Here are the best ways to secure important financial documents
Estate-planning documents — such as wills, trusts, living wills, medical directives and powers of attorney — are very important, and so is keeping them protected and stored safely. Here are some key tips on what to do to keep them secure.
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Gold drops as stocks, US Treasury yield rally
Mubasher: Gold prices slid on Monday, amidst a rebound in stock markets and higher US Treasury yields.
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Gold Prices Down Ahead of Jackson Hole Symposium, Powell Speech
Commodities Aug 20, 2019 04:48 GMT Investing.com - Gold prices were down on Tuesday in Asia as traders awaited the upcoming Jackson Hole Symposium in Wyoming and a speech by Federal Reserve Chairman Jerome Powell. Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, were down 0.4% at $1,505.55. The fall came after U.S. Commerce Secretary Wilbur Ross confirmed overnight that Washington will extend for another 90 days a license that allows China’s
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Here's What's Next In the Gold Bull Rally Landscape - Expert
A race to the bottom for yields and "panic mode" in equities all contribute to constructive landscape. Gold is without doubt in a bull market, and the overall landscape is constructive for the yellow metal, even at current levels, this according to Bill Baruch, president of Blue Line Futures. "Gold, overall, it's a long-term constructive landscape, so pullbacks are just a matter of holding technical levels and holding technical support and that's what's going to be important over the near-term,"
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Metals Update: Expect A Rebound In The Coming Months
Base metals have come under further downward pressure since our previous update at the start of August, mainly driven by poor macro dynamics on escalating trade frictions and recession fears.Further price cannot be ruled out in the immediate term considering the confluence of negative macro and micro forces.But a rebound is likely to occur in the near term, mainly because most of the bearish macro news is already priced in, while demand should pick up after the summer.We have a three-month
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METALS-Copper ticks up on China stimulus hopes
(Adds quotes, details)
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Column: Hedge funds sell oil as global economy slows
Hedge funds cut their bullish positions in petroleum last week for the second week running as anxiety about the slowing global economy and oil consumption trumped optimism over production restraint by OPEC and its allies.
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Oil Prices Steady; Sino-U.S. Trade Developments Cited as Supportive
Commodities Aug 20, 2019 04:15 GMT Investing.com - Oil prices steadied on Tuesday in Asia amid easing trade tension between China and the U.S. U.S. Crude Oil WTI Futures was little changed at $56.15 by 12:10 AM ET(04:10 GMT), while international Brent Oil Futures inched up 0.1% to $59.77. Oil prices were supported by some positive developments on the Sino-U.S. trade front today. U.S. Commerce Secretary Wilbur Ross confirmed overnight that Washington will extend for another 90 days a license
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China’s central bank now has ‘bigger say’ over lending rates, but analysts question level of impact
China’s central bank has gained a “bigger say” in deciding the country’s lending rates after taking a subtle but significant step towards monetary policy independence, but analysts have questioned the level of impact the mechanism change will have. Under…
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China's central bank is cutting interest rates by stealth
Central banks around in the world are cutting interest rates to head off recession. China is now joining them, but in a roundabout way.
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Reaching Your Digital Tipping Point Requires An “All In” Effort
Getting to the tipping point is always a challenge.For some companies it may involve just tweaking a process or product. For others, it may be a massive institutional undertaking. While everyone would like a one-size-fits-all template for managing technological change, that’s not the way it works.
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Negative mortgages set another milestone in a no-rate world
The world’s headlong dash to zero or negative interest rates just passed another milestone: A bank in Denmark is paying homebuyers to take out mortgages.
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A Greater Bank experience with core banking in the cloud
The customer-owned bank and mutual financial institution has shifted its core banking to the cloud with Data Action.
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Why cashier’s checks are part of so many online scams
Craigslist, Facebook Marketplace, and other places people buy and sell online are seeing an uptick in this particular kind of scam.
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Top 5 Things to Know in the Market on TuesdayEconomy Aug 20, 2019 09:24 GMT Investing.com - Here are the top five things you need to know in financial markets on Tuesday, August 20: 1. U.S. futures steady in waiting game U.S. futures registered timid gains on Tuesday as traders waited for new developments in the Sino-U.S. trade impasse as well as a highly-anticipated appearance from Fed Chairman Jerome Powell at the end of the week. There were few developments on the trade front although Chinese telecom giant Huawei spoke out against a
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Why U.S. Stocks Could Fall FurtherAssuming this recent bout of stock market weakness lives up to historical patterns, more weakness is needed before there is a strong enough “wall of worry” among investors to support a tradable rally.
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Top Advisor: This Is What's Really Hurting The Stock MarketWhat's the real reason for the stock market drop? Stock prices got ahead of earnings growth, says Michael Farr, president and CEO of Farr, Miller & Washington. Here's how to adjust.
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Inversion: August Yield Curve UpdateSince the Fed’s July cut, the yield curve has inverted even more. The entire 3-month to 10-year curve is inverted with Fed Funds. Term premium has left the building.The yield curve is regarded as one of the more useful predictors of coming recession, and it is flashing red.Bond traders are betting that yields will go even lower. This has been a winning bet for a while now.In the rest of the world, negative rates are no longer exceptional.
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After The Yield Curve, What Next?: Corporate Profits, Tightened Credit, And Commercial LoansLot of commentators have remarked about the yield curve; this article is about what to look for next on the producer side of the economy.A decline in adjusted corporate profits in Q2 GDP released next week is the next big data point to watch for.After that, a tightening of credit conditions must take place for all the conditions to be ripe for a producer-led downturn.
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Is The Writing On The Wall?Lots of smoke (volatility) but no fire (panic selling).Warnings signs abound, but this is nothing new in this market.Where the S&P 500 may stop falling, if a real correction develops.
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Wall Street Breakfast: Stocks Stay In Rally ModeListen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify (click the highlighted links). There's a lot going for stocks this morning ahead of a week that's light on data and heavy on monetary policy, including FOMC minutes and the Fed's annual policy symposium at Jackson Hole. U.S. equity index futures rose about 1% after President Trump further ignited sentiment by saying his team is "doing very well with China, and
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Bitcoin Price Will Go From $20,000 to $50,000 by 2021: Analyst - Bitcoinist.com
Economist and crypto analyst Alex Krüger believes that $20,000 won’t be the all-time high (ATH) bitcoin price for much longer. Expect Bitcoin Price to Hit $50,000 In a Twitter thread published on Saturday (August 17, 2019), Krüger outlined his argument for the bitcoin price going as high as $50,000 by 2021 at the latest. According to Krüger, there is a far greater weight of positive driving factors than any negative headwinds that could adversely impact the bitcoin price trajectory. An excerpt
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Altcoins Awakening This Monday as Bitcoin Breaks ResistanceAs a new week begins in crypto land a different pattern is forming this Monday morning. After bitcoin spent most of the weekend consolidating above $10k, the altcoins are making all the moves at the moment. Is this a one off or could it be the start of a wider revival for them? Bitcoin Makes a Move For the best part of the past 24 hours bitcoin price has remained sideways at around $10,400. This has kept it above the 50 hour moving average but below the 200 where the next level of resistance
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Did Japanese Retail Giant’s New Crypto Exchange Launch Lift Markets?According to an announcement earlier today, Japan’s version of Amazon – Rakuten – has publicly launched its own crypto trading platform which could see millions entering the space. Three Crypto Assets Supported The official announcement a few hours ago stated that a consolidated subsidiary of Rakuten Group and operator of a crypto asset exchange business, Rakuten Wallet Inc., is now open for business. The online retail giant added that users are now able to spot trade Bitcoin, Ethereum, and
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Bitcoin Price Analysis: Rising Wedge Could Drive BTC to $8.8KBitcoin can be seen bouncing off the 0.382 Fibonacci level around $9,600 as price action visibly creates an ascending wedge. Many bearish indicators point towards a break-down and lower low in the coming days. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we can see an ascending wedge has formed as a result of the bounce off the 0.382 Fibonacci level around $9,600. This trading pattern is inherently bearish, and there’s no reason to challenge that bias here. The ascending wedge now
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Mastercard Reportedly Is Building a Team of Cryptocurrency ExpertsThe report follows earlier news that Mastercard had teamed up with Facebook on Libra, the social media giant's cryptocurrency. Payments processor Mastercard (MA) reportedly is putting together a team of cryptocurrency experts. The move comes after a June announcement that the financial services company was teaming up with Facebook (FB) to develop the social media giant's cryptocurrency, known as Libra. Mastercard has placed recruiting advertisement for cryptocurrency experts, according to a
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The Dollar Is The Best-Looking Beast In A Very Ugly Barn
The dollar index sits near the highs.More Fed cuts may not weigh on the greenback.Gold tells a currency story.The strong dollar is not good for the U.S. economy.UUP for the long side and UDN for the short side - trade the dollar index.
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Forex - Euro Tests Lows Ahead of Expected No-Confidence Vote in Italy
Forex Aug 20, 2019 07:43 GMT Investing.com -- The dollar was little changed in early trading in Europe Wednesday but starting to build momentum against the euro at the start of a day where politics is likely to dominate economics. The euro was at $1.1079 by 3:30 AM ET (0730 GMT) and looking to test last week’s low of $1.1066 ahead of a big day in the Italian parliament. Prime Minister Giuseppe Conte is due to speak in the afternoon and is expected to resign ahead of a no-confidence vote that has
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GBP/USD And USD/CAD Holding Important Supports | Action Forex
GBP/USD started a decent upside correction from the 1.2020 swing low and climbed above 1.2100. USD/CAD is currently correcting gains, but it is still above the key 1.3250 support area. Important Takeaways for GBP/USD and USD/CAD The British Pound recovered recently above the 1.2080 and 1.2100 resistance levels. There is a major bullish trend line […] The post GBP/USD And USD/CAD Holding Important Supports appeared first on Action Forex.
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FOREX-Euro gains after biggest weekly drop in 6 weeks; Swiss franc firm
* Graphic: World FX rates in 2019
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Buy Swiss Francs Now
The Swiss franc has recently outperformed the USD on forex markets.The Swiss franc is a safe-haven currency.Recent stock market turmoil has been accompanied by yield curve inversion. It looks like a recession is on the way.Investors can hedge against losses in equities and dollar depreciation by buying Swiss francs.
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Forex - U.S. Dollar Unchanged; Yuan Falls as PBOC Debuts New Loan Prime Rates
Forex Aug 20, 2019 03:22 GMT Investing.com - The U.S. dollar was unchanged on Tuesday in Asia, while the Chinese yuan fell as the country’s central bank debuted a new loan prime rates announced on the weekend. The U.S. dollar index was largely unchanged at 98.210 by 11:20 PM ET (03:20 GMT). The index hovers around three-week highs as the 10-year U.S. Treasury yield pulled further away from a three-year trough of 1.47% marked last week, which sparked concerns of a potential recession. Looking
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Currency traders increasingly cynical about central banks: Strategist
Simon Derrick, chief currency strategist for BNY Mellon, discusses foreign exchange markets.
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34% of economists expect a recession in 2021
The good news for Americans? Fewer forecasters think a serious downturn is likely to hit next year
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The 'Trade War' Is Over, Trump Just Doesn't Realize It Yet
Trump caving to China was evident in the agreement made during the G-20 summit.What the current administration fails to realize is that China is not operating from short-term political cycle-driven game plan.Trump's latest move to delay tariffs is another critical error with respect to dealing with China.When Trump is out of office, the next administration will abandon the "trade war" as the first order of business.
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Wilbur Ross: American workers are winning
Jobs, rising wages and a solid economy make it a good time to be a U.S. consumer.
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U.N. pleads for more help to relieve Venezuelan refugee crisis
United Nations High Commissioner for Refugees Filippo Grandi appealed on Sunday for more humanitarian aid for Venezuelan refugees pouring into neighboring countries where they are overwhelming social services and sparking local tensions.
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Trump privately floated possibility of imposing naval blockade against Venezuela: report
President Trump privately suggested stationing Navy ships around Venezuela to block goods from entering and exiting the country multiple times, Axios [](https://www.axios.com/
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China CNPC suspends Venezuelan oil loading, worried about U.S. sanctions: sources
China National Petroleum Corp, a leading buyer of Venezuelan oil, has halted August loadings following the latest set of U.S. sanctions on the South American exporter, two Beijing-based senior sources with direct knowledge of the matter told Reuters on Monday.
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Silicon Valley Is Going to Mexico ... for Talent
American tech firms are setting up research centers south of the border, targeting an affordable talent pool they’re increasingly unable to find at home.
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Summer seaweed invasion taking a toll on Mexico
TULUM, Mexico - It started washing ashore in the Caribbean eight years ago, the smelly, yellow-brown seaweed known as sargassum. Then, just as mysteriously, it disappeared.
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What are Mexico's legal prospects regarding the El Paso shooting?
Eight Mexican nationals were victims of the El Paso mass shooting. But what can Mexico really do?
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Iran tanker heads to Greece after release, Iran warns U.S against seizure attempt
An Iranian tanker sailed through the Mediterranean toward Greece on Monday after it was released from detention off Gibraltar, and Tehran said that any at U.S. move to seize the vessel again would have "heavy consequences".
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Iranian oil tensions may lead to increased volatility
The Schork Report Publisher Stephen Schork on the Iranian oil tanker released from Gibraltar and the stability of oil markets in light of this tension.
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Iran warns U.S. against interference as Gilbraltar releases oil tanker
Tehran warned that any U.S. move to seize the vessel again would have "heavy consequences."
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Zimbabwe: Petrol, Diesel Prices Up Again
(Photo: New Zimbabwe) THE price of fuel has risen for the umpteenth time this year with a litre of diesel now $9.36 while the same quantity of petrol will now be $9.12. This is according to a circular sent by the Zimbabwe Energy Regulatory Authority (Zera) on Sunday. The new prices are with effect from Monday 19 August, 2019. Until this Monday, a litre of diesel cost $9.06 per litre while petrol cost $9.01 per litre. In the wake of continued price increases in Zimbabwe, fuel has remained the
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Zimbabwe sanctions: Sadc calls on US and EU to drop policy
Sixteen southern Africa countries say US and EU economic sanctions are harming the region.
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Zimbabwe: Teachers to Know 4 Languages
It will soon be mandatory for newly qualified teachers to know at least four of the 16 Zimbabwe's official languages, a Cabinet minister has said. Higher and Tertiary Education, Science and Technology Development Minister Professor Amon Murwira mde the revelation during a colourful graduation ceremony at Belvedere Technical Teachers' College (BTTC) recently. The graduation was running under the theme "Revitalising human capital development through heritage-based science and technology for
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Zimbabwe eyes 400MW from Mozambique
Zimbabwe government will this week dispatch a high-powered team of experts to Mozambique to negotiate for more electricity imports from Hydro Cahora Bassa as authorities continue putting in place measures to improve power supply and avert rolling blackouts. Zimbabwe is currently receiving 50 megawatts from Mozambique, but authorities want to strike a deal for Zimbabwe...
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Police, soldiers deploy in Zimbabwe's Bulawayo as opposition appeals protest ban
Soldiers and police deployed in large numbers in Zimbabwe's second city Bulawayo on Monday to enforce a ban on an anti-government demonstration, as the country's main opposition party challenged that decision in court.
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ASIA
China's Rate Reform Helps Markets Extend End Of Last Week Recovery
China announced some changes in its interest rate framework that is expected to lead to lower rates. This helped lift equity markets, which were already recovering at the end of last week from the earlier drubbing.The US 10-year yield is up six basis points, a little above 1.60%.The dollar is mostly a little firmer, though the euro's upticks are an exception among the majors.Gold has retreated to test $1500. It had reached $1535 last week. Oil is about 1% firmer.
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HK stocks see best session in two months on China's rate reform
* HK->Shanghai Connect daily quota used 7.4%, Shanghai->HKdailyquota used 4.9%
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China's top energy company shuns Venezuela amid new US sanctions
China's biggest energy company is backing away from direct purchases of Venezuelan crude as the Trump administration tightens sanctions against the South American nation. China National Petroleum Corp. has canceled plans to load about 5 million barrels worth of Venezuelan oil onto ships this month in the aftermath of the latest executive order by President Donald Trump, according to people with knowledge of the situation who asked not to be identified discussing proprietary information. CNPC
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Hong Kong, China markets gain most in about two months as trade progress, Shenzhen plan boost sentiment
Hong Kong stocks posted their best daily performance in two months on Monday, while China markets jumped the most in seven weeks as investors cheered Beijing’s grand reform plan for Shenzhen and progress on the trade talks. The Hang Seng Index surged 2.2…
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Japan’s Retail Giant Rakuten Officially Launches Crypto Exchange
Japanese cryptocurrency exchange Rakuten Wallet has launched trading a year after acquiring Everybody’s Bitcoin. Three trading pairs go live Confirmed in a press release on Aug. 19, Rakuten Wallet, which is a subsidiary of Japanese e-commerce giant Rakuten, said spot trading of three cryptocurrencies — Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH) — was now live. In future, developers plan to release an app for iOS and Android, use of which will be mandatory for deposits and withdrawals.
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Talks begin to shorten trading hours in Europe
CNBC's "Squawk Box" crew report on why traders in Europe might be in for a shorter workday.
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Brexit: The plan to force companies to be no-deal ready
The government is set to sign up companies to a key system to make them ready for a no-deal Brexit
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Leaked document reveals Brexit could trigger a Windrush scandal for EU citizens
Home Office officials believe the EU citizens could face "another Windrush" scandal after Brexit, which could see thousands treated poorly or detained, the Times reported. Boris Johnson's government plans to end free movement overnight if it leaves the EU with no deal. However, officials believe the plan for an "interim" immigration to replace free movement would prove impossible to enforce and could leave the status of EU citizens living in the UK in doubt. Visit Business Insider's home page
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Threat to end freedom of movement overnight is reckless, say EU citizens
Priti Patel’s reported aim contradicts the PM’s promises, says the3million campaign Ending freedom of movement for EU citizens immediately after a no-deal Brexit would be reckless and could create a hostile environment for European nationals, a campaign group has said. The3million, a citizens group that represents the rights of EU nationals in the UK, was responding to the news that the home secretary, Priti Patel, intended to impose new border restrictions overnight on 31 October if Britain
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More eurozone stimulus expected after inflation revised down
Official figures show that inflation across the 19-country eurozone was lower in July than anticipated, bolstering expectations that the European Central Bank will provide another shot of stimulus to the single currency bloc next month
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Boris Johnson insists he is 'confident' the EU will buckle on Brexit
Boris Johnson today insisted he is 'confident' the European Union will ultimately buckle on Brexit and agree to renegotiate the terms of Britain's divorce from the bloc.
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Brexit: Freedom of movement 'will end' says the government
The government has ditched the idea of extending freedom of movement to 2021 in the event of a no-deal.
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GLOBAL/NEWS/INFO
Today in History
Today in History
Read in ABC News: https://apple.news/ABsLc_
10 Things to Know for Today
Among 10 Things to Know: White House insists 'fundamentals' of US economy are strong; Huawei expects no relief from US sanctions but confident in future; Die-hard Hong Kong protesters defend tactics as unity cracks
Read in ABC News: https://apple.news/Abv0a-
Here are the best ways to secure important financial documents
Estate-planning documents — such as wills, trusts, living wills, medical directives and powers of attorney — are very important, and so is keeping them protected and stored safely. Here are some key tips on what to do to keep them secure.
Read in CNBC: https://apple.news/AVJcTHeG_
OIL/COMMODITIES/ENERGY
Gold drops as stocks, US Treasury yield rally
Mubasher: Gold prices slid on Monday, amidst a rebound in stock markets and higher US Treasury yields.
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Gold Prices Down Ahead of Jackson Hole Symposium, Powell Speech
Commodities Aug 20, 2019 04:48 GMT Investing.com - Gold prices were down on Tuesday in Asia as traders awaited the upcoming Jackson Hole Symposium in Wyoming and a speech by Federal Reserve Chairman Jerome Powell. Gold Futures for December delivery, traded on the Comex division of the New York Mercantile Exchange, were down 0.4% at $1,505.55. The fall came after U.S. Commerce Secretary Wilbur Ross confirmed overnight that Washington will extend for another 90 days a license that allows China’s
Read in Investing.com: https://apple.news/Af6ActRZwT_
Here's What's Next In the Gold Bull Rally Landscape - Expert
A race to the bottom for yields and "panic mode" in equities all contribute to constructive landscape. Gold is without doubt in a bull market, and the overall landscape is constructive for the yellow metal, even at current levels, this according to Bill Baruch, president of Blue Line Futures. "Gold, overall, it's a long-term constructive landscape, so pullbacks are just a matter of holding technical levels and holding technical support and that's what's going to be important over the near-term,"
Read in TheStreet: https://apple.news/AOgGLeDX-
Metals Update: Expect A Rebound In The Coming Months
Base metals have come under further downward pressure since our previous update at the start of August, mainly driven by poor macro dynamics on escalating trade frictions and recession fears.Further price cannot be ruled out in the immediate term considering the confluence of negative macro and micro forces.But a rebound is likely to occur in the near term, mainly because most of the bearish macro news is already priced in, while demand should pick up after the summer.We have a three-month
Read in Seeking Alpha: https://apple.news/Af8JX-
METALS-Copper ticks up on China stimulus hopes
(Adds quotes, details)
Read in Reuters: https://apple.news/
Column: Hedge funds sell oil as global economy slows
Hedge funds cut their bullish positions in petroleum last week for the second week running as anxiety about the slowing global economy and oil consumption trumped optimism over production restraint by OPEC and its allies.
Read in Reuters: https://apple.news/
Oil Prices Steady; Sino-U.S. Trade Developments Cited as Supportive
Commodities Aug 20, 2019 04:15 GMT Investing.com - Oil prices steadied on Tuesday in Asia amid easing trade tension between China and the U.S. U.S. Crude Oil WTI Futures was little changed at $56.15 by 12:10 AM ET(04:10 GMT), while international Brent Oil Futures inched up 0.1% to $59.77. Oil prices were supported by some positive developments on the Sino-U.S. trade front today. U.S. Commerce Secretary Wilbur Ross confirmed overnight that Washington will extend for another 90 days a license
Read in Investing.com: https://apple.news/
BANKS/BANKING/CREDIT
China’s central bank now has ‘bigger say’ over lending rates, but analysts question level of impact
China’s central bank has gained a “bigger say” in deciding the country’s lending rates after taking a subtle but significant step towards monetary policy independence, but analysts have questioned the level of impact the mechanism change will have. Under…
Read in South China Morning Post: https://apple.news/
China's central bank is cutting interest rates by stealth
Central banks around in the world are cutting interest rates to head off recession. China is now joining them, but in a roundabout way.
Read in CNN Business: https://apple.news/AZ_
Reaching Your Digital Tipping Point Requires An “All In” Effort
Getting to the tipping point is always a challenge.For some companies it may involve just tweaking a process or product. For others, it may be a massive institutional undertaking. While everyone would like a one-size-fits-all template for managing technological change, that’s not the way it works.
Read in Forbes: https://apple.news/
Negative mortgages set another milestone in a no-rate world
The world’s headlong dash to zero or negative interest rates just passed another milestone: A bank in Denmark is paying homebuyers to take out mortgages.
Read in Bloomberg: https://apple.news/
A Greater Bank experience with core banking in the cloud
The customer-owned bank and mutual financial institution has shifted its core banking to the cloud with Data Action.
Read in ZDNet: https://apple.news/AdaZhULR-
Why cashier’s checks are part of so many online scams
Craigslist, Facebook Marketplace, and other places people buy and sell online are seeing an uptick in this particular kind of scam.
Read in Vox: https://apple.news/
TREASURIES/BONDS/STOCKS
Top 5 Things to Know in the Market on TuesdayEconomy Aug 20, 2019 09:24 GMT Investing.com - Here are the top five things you need to know in financial markets on Tuesday, August 20: 1. U.S. futures steady in waiting game U.S. futures registered timid gains on Tuesday as traders waited for new developments in the Sino-U.S. trade impasse as well as a highly-anticipated appearance from Fed Chairman Jerome Powell at the end of the week. There were few developments on the trade front although Chinese telecom giant Huawei spoke out against a
Read in Investing.com: https://apple.news/
Why U.S. Stocks Could Fall FurtherAssuming this recent bout of stock market weakness lives up to historical patterns, more weakness is needed before there is a strong enough “wall of worry” among investors to support a tradable rally.
Read in Barron's: https://apple.news/
Top Advisor: This Is What's Really Hurting The Stock MarketWhat's the real reason for the stock market drop? Stock prices got ahead of earnings growth, says Michael Farr, president and CEO of Farr, Miller & Washington. Here's how to adjust.
Read in Investor's Business Daily: https://apple.news/
Inversion: August Yield Curve UpdateSince the Fed’s July cut, the yield curve has inverted even more. The entire 3-month to 10-year curve is inverted with Fed Funds. Term premium has left the building.The yield curve is regarded as one of the more useful predictors of coming recession, and it is flashing red.Bond traders are betting that yields will go even lower. This has been a winning bet for a while now.In the rest of the world, negative rates are no longer exceptional.
Read in Seeking Alpha: https://apple.news/
After The Yield Curve, What Next?: Corporate Profits, Tightened Credit, And Commercial LoansLot of commentators have remarked about the yield curve; this article is about what to look for next on the producer side of the economy.A decline in adjusted corporate profits in Q2 GDP released next week is the next big data point to watch for.After that, a tightening of credit conditions must take place for all the conditions to be ripe for a producer-led downturn.
Read in Seeking Alpha: https://apple.news/
Is The Writing On The Wall?Lots of smoke (volatility) but no fire (panic selling).Warnings signs abound, but this is nothing new in this market.Where the S&P 500 may stop falling, if a real correction develops.
Read in Seeking Alpha: https://apple.news/AXvkffc-
Wall Street Breakfast: Stocks Stay In Rally ModeListen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify (click the highlighted links). There's a lot going for stocks this morning ahead of a week that's light on data and heavy on monetary policy, including FOMC minutes and the Fed's annual policy symposium at Jackson Hole. U.S. equity index futures rose about 1% after President Trump further ignited sentiment by saying his team is "doing very well with China, and
Read in Seeking Alpha: https://apple.news/
CRYPTO / DIGITAL CURRENCIES
Bitcoin Price Will Go From $20,000 to $50,000 by 2021: Analyst - Bitcoinist.com
Economist and crypto analyst Alex Krüger believes that $20,000 won’t be the all-time high (ATH) bitcoin price for much longer. Expect Bitcoin Price to Hit $50,000 In a Twitter thread published on Saturday (August 17, 2019), Krüger outlined his argument for the bitcoin price going as high as $50,000 by 2021 at the latest. According to Krüger, there is a far greater weight of positive driving factors than any negative headwinds that could adversely impact the bitcoin price trajectory. An excerpt
Read in Bitcoinist.net: https://apple.news/
Altcoins Awakening This Monday as Bitcoin Breaks ResistanceAs a new week begins in crypto land a different pattern is forming this Monday morning. After bitcoin spent most of the weekend consolidating above $10k, the altcoins are making all the moves at the moment. Is this a one off or could it be the start of a wider revival for them? Bitcoin Makes a Move For the best part of the past 24 hours bitcoin price has remained sideways at around $10,400. This has kept it above the 50 hour moving average but below the 200 where the next level of resistance
Read in Bitcoinist.net: https://apple.news/A_
Did Japanese Retail Giant’s New Crypto Exchange Launch Lift Markets?According to an announcement earlier today, Japan’s version of Amazon – Rakuten – has publicly launched its own crypto trading platform which could see millions entering the space. Three Crypto Assets Supported The official announcement a few hours ago stated that a consolidated subsidiary of Rakuten Group and operator of a crypto asset exchange business, Rakuten Wallet Inc., is now open for business. The online retail giant added that users are now able to spot trade Bitcoin, Ethereum, and
Read in Bitcoinist.net: https://apple.news/
Bitcoin Price Analysis: Rising Wedge Could Drive BTC to $8.8KBitcoin can be seen bouncing off the 0.382 Fibonacci level around $9,600 as price action visibly creates an ascending wedge. Many bearish indicators point towards a break-down and lower low in the coming days. Bitcoin 1-Hour Analysis On the 1 hour chart for XBT/USD, we can see an ascending wedge has formed as a result of the bounce off the 0.382 Fibonacci level around $9,600. This trading pattern is inherently bearish, and there’s no reason to challenge that bias here. The ascending wedge now
Read in Bitcoinist.net: https://apple.news/
Mastercard Reportedly Is Building a Team of Cryptocurrency ExpertsThe report follows earlier news that Mastercard had teamed up with Facebook on Libra, the social media giant's cryptocurrency. Payments processor Mastercard (MA) reportedly is putting together a team of cryptocurrency experts. The move comes after a June announcement that the financial services company was teaming up with Facebook (FB) to develop the social media giant's cryptocurrency, known as Libra. Mastercard has placed recruiting advertisement for cryptocurrency experts, according to a
Read in TheStreet: https://apple.news/AB0_
CURRENCIES
The Dollar Is The Best-Looking Beast In A Very Ugly Barn
The dollar index sits near the highs.More Fed cuts may not weigh on the greenback.Gold tells a currency story.The strong dollar is not good for the U.S. economy.UUP for the long side and UDN for the short side - trade the dollar index.
Read in Seeking Alpha: https://apple.news/AP9w-
Forex - Euro Tests Lows Ahead of Expected No-Confidence Vote in Italy
Forex Aug 20, 2019 07:43 GMT Investing.com -- The dollar was little changed in early trading in Europe Wednesday but starting to build momentum against the euro at the start of a day where politics is likely to dominate economics. The euro was at $1.1079 by 3:30 AM ET (0730 GMT) and looking to test last week’s low of $1.1066 ahead of a big day in the Italian parliament. Prime Minister Giuseppe Conte is due to speak in the afternoon and is expected to resign ahead of a no-confidence vote that has
Read in Investing.com: https://apple.news/
GBP/USD And USD/CAD Holding Important Supports | Action Forex
GBP/USD started a decent upside correction from the 1.2020 swing low and climbed above 1.2100. USD/CAD is currently correcting gains, but it is still above the key 1.3250 support area. Important Takeaways for GBP/USD and USD/CAD The British Pound recovered recently above the 1.2080 and 1.2100 resistance levels. There is a major bullish trend line […] The post GBP/USD And USD/CAD Holding Important Supports appeared first on Action Forex.
Read in Action Forex: https://apple.news/
FOREX-Euro gains after biggest weekly drop in 6 weeks; Swiss franc firm
* Graphic: World FX rates in 2019
Read in Reuters: https://apple.news/
Buy Swiss Francs Now
The Swiss franc has recently outperformed the USD on forex markets.The Swiss franc is a safe-haven currency.Recent stock market turmoil has been accompanied by yield curve inversion. It looks like a recession is on the way.Investors can hedge against losses in equities and dollar depreciation by buying Swiss francs.
Read in Seeking Alpha: https://apple.news/
Forex - U.S. Dollar Unchanged; Yuan Falls as PBOC Debuts New Loan Prime Rates
Forex Aug 20, 2019 03:22 GMT Investing.com - The U.S. dollar was unchanged on Tuesday in Asia, while the Chinese yuan fell as the country’s central bank debuted a new loan prime rates announced on the weekend. The U.S. dollar index was largely unchanged at 98.210 by 11:20 PM ET (03:20 GMT). The index hovers around three-week highs as the 10-year U.S. Treasury yield pulled further away from a three-year trough of 1.47% marked last week, which sparked concerns of a potential recession. Looking
Read in Investing.com: https://apple.news/
Currency traders increasingly cynical about central banks: Strategist
Simon Derrick, chief currency strategist for BNY Mellon, discusses foreign exchange markets.
Read in CNBC: https://apple.news/
HEALTH / SCIENCE
UK steps up fight after losing 'measles-free' status
The United Kingdom says it will take steps to halt the spread of misinformation about vaccines as a result of losing its "measles-free" status after the highly infectious disease was declared eliminated in the country three years ago.
Read in CNN: https://apple.news/Arp-
The aging crisis no one's talking about
Taking care of the aging population is a crisis in the making, and no one — not families, not government programs and not the health care workforce — is prepared for it.
Read in Axios: https://apple.news/
Plague-infected prairie dogs have shut down parts of a Denver suburb
Prairie dogs infected with the plague — yes, the plague — have shut down parts of a city and wildlife area near Denver this summer.
Read in CNN: https://apple.news/
Teen blames vaping after his lung collapses
As the CDC and state health departments investigate acute lung injuries possibly tied to e-cigarettes, one teen launches a social media campaign, #lunglove, against vaping
Read in CBS News: https://apple.news/
Deadly mosquito-borne virus found in second Massachusetts resident, state health officials say
A second Massachusetts resident has been diagnosed with the potentially deadly Eastern Equine Encephalitis (EEE) virus, state health officials announced late last week.
Read in Fox News: https://apple.news/
Having kids makes you happier -- once they've moved out
Having children will make you happier than staying childless, according to a new study, but not until later in life, when they have flown the nest.
Read in CNN: https://apple.news/
UK steps up fight after losing 'measles-free' status
The United Kingdom says it will take steps to halt the spread of misinformation about vaccines as a result of losing its "measles-free" status after the highly infectious disease was declared eliminated in the country three years ago.
Read in CNN: https://apple.news/Arp-
The aging crisis no one's talking about
Taking care of the aging population is a crisis in the making, and no one — not families, not government programs and not the health care workforce — is prepared for it.
Read in Axios: https://apple.news/
Plague-infected prairie dogs have shut down parts of a Denver suburb
Prairie dogs infected with the plague — yes, the plague — have shut down parts of a city and wildlife area near Denver this summer.
Read in CNN: https://apple.news/
Teen blames vaping after his lung collapses
As the CDC and state health departments investigate acute lung injuries possibly tied to e-cigarettes, one teen launches a social media campaign, #lunglove, against vaping
Read in CBS News: https://apple.news/
Deadly mosquito-borne virus found in second Massachusetts resident, state health officials say
A second Massachusetts resident has been diagnosed with the potentially deadly Eastern Equine Encephalitis (EEE) virus, state health officials announced late last week.
Read in Fox News: https://apple.news/
Having kids makes you happier -- once they've moved out
Having children will make you happier than staying childless, according to a new study, but not until later in life, when they have flown the nest.
Read in CNN: https://apple.news/
USA / CANADA
34% of economists expect a recession in 2021
The good news for Americans? Fewer forecasters think a serious downturn is likely to hit next year
Read in CBS News: https://apple.news/
The 'Trade War' Is Over, Trump Just Doesn't Realize It Yet
Trump caving to China was evident in the agreement made during the G-20 summit.What the current administration fails to realize is that China is not operating from short-term political cycle-driven game plan.Trump's latest move to delay tariffs is another critical error with respect to dealing with China.When Trump is out of office, the next administration will abandon the "trade war" as the first order of business.
Read in Seeking Alpha: https://apple.news/
Wilbur Ross: American workers are winning
Jobs, rising wages and a solid economy make it a good time to be a U.S. consumer.
Read in Fox News: https://apple.news/
EMERGING MARKETS
U.N. pleads for more help to relieve Venezuelan refugee crisis
United Nations High Commissioner for Refugees Filippo Grandi appealed on Sunday for more humanitarian aid for Venezuelan refugees pouring into neighboring countries where they are overwhelming social services and sparking local tensions.
Read in Reuters: https://apple.news/
Trump privately floated possibility of imposing naval blockade against Venezuela: report
President Trump privately suggested stationing Navy ships around Venezuela to block goods from entering and exiting the country multiple times, Axios [](https://www.axios.com/
Read in The Hill: https://apple.news/AZghHet_
China CNPC suspends Venezuelan oil loading, worried about U.S. sanctions: sources
China National Petroleum Corp, a leading buyer of Venezuelan oil, has halted August loadings following the latest set of U.S. sanctions on the South American exporter, two Beijing-based senior sources with direct knowledge of the matter told Reuters on Monday.
Read in Reuters: https://apple.news/
Silicon Valley Is Going to Mexico ... for Talent
American tech firms are setting up research centers south of the border, targeting an affordable talent pool they’re increasingly unable to find at home.
Read in OZY: https://apple.news/
Summer seaweed invasion taking a toll on Mexico
TULUM, Mexico - It started washing ashore in the Caribbean eight years ago, the smelly, yellow-brown seaweed known as sargassum. Then, just as mysteriously, it disappeared.
Read in My San Antonio: https://apple.news/AgicpJbxJR-
What are Mexico's legal prospects regarding the El Paso shooting?
Eight Mexican nationals were victims of the El Paso mass shooting. But what can Mexico really do?
Read in NBC News: https://apple.news/
MIDDLE EAST
Iran tanker heads to Greece after release, Iran warns U.S against seizure attempt
An Iranian tanker sailed through the Mediterranean toward Greece on Monday after it was released from detention off Gibraltar, and Tehran said that any at U.S. move to seize the vessel again would have "heavy consequences".
Read in Reuters: https://apple.news/
Iranian oil tensions may lead to increased volatility
The Schork Report Publisher Stephen Schork on the Iranian oil tanker released from Gibraltar and the stability of oil markets in light of this tension.
Read in Fox Business: https://apple.news/
Iran warns U.S. against interference as Gilbraltar releases oil tanker
Tehran warned that any U.S. move to seize the vessel again would have "heavy consequences."
Read in NBC News: https://apple.news/
AFRICA
Zimbabwe: Petrol, Diesel Prices Up Again
(Photo: New Zimbabwe) THE price of fuel has risen for the umpteenth time this year with a litre of diesel now $9.36 while the same quantity of petrol will now be $9.12. This is according to a circular sent by the Zimbabwe Energy Regulatory Authority (Zera) on Sunday. The new prices are with effect from Monday 19 August, 2019. Until this Monday, a litre of diesel cost $9.06 per litre while petrol cost $9.01 per litre. In the wake of continued price increases in Zimbabwe, fuel has remained the
Read in AllAfrica: https://apple.news/
Zimbabwe sanctions: Sadc calls on US and EU to drop policy
Sixteen southern Africa countries say US and EU economic sanctions are harming the region.
Read in BBC News: https://apple.news/
Zimbabwe: Teachers to Know 4 Languages
It will soon be mandatory for newly qualified teachers to know at least four of the 16 Zimbabwe's official languages, a Cabinet minister has said. Higher and Tertiary Education, Science and Technology Development Minister Professor Amon Murwira mde the revelation during a colourful graduation ceremony at Belvedere Technical Teachers' College (BTTC) recently. The graduation was running under the theme "Revitalising human capital development through heritage-based science and technology for
Read in AllAfrica: https://apple.news/
Zimbabwe eyes 400MW from Mozambique
Zimbabwe government will this week dispatch a high-powered team of experts to Mozambique to negotiate for more electricity imports from Hydro Cahora Bassa as authorities continue putting in place measures to improve power supply and avert rolling blackouts. Zimbabwe is currently receiving 50 megawatts from Mozambique, but authorities want to strike a deal for Zimbabwe...
Read in FurtherAfrica: https://apple.news/
Police, soldiers deploy in Zimbabwe's Bulawayo as opposition appeals protest ban
Soldiers and police deployed in large numbers in Zimbabwe's second city Bulawayo on Monday to enforce a ban on an anti-government demonstration, as the country's main opposition party challenged that decision in court.
Read in Reuters: https://apple.news/
China's Rate Reform Helps Markets Extend End Of Last Week Recovery
China announced some changes in its interest rate framework that is expected to lead to lower rates. This helped lift equity markets, which were already recovering at the end of last week from the earlier drubbing.The US 10-year yield is up six basis points, a little above 1.60%.The dollar is mostly a little firmer, though the euro's upticks are an exception among the majors.Gold has retreated to test $1500. It had reached $1535 last week. Oil is about 1% firmer.
Read in Seeking Alpha: https://apple.news/
HK stocks see best session in two months on China's rate reform
* HK->Shanghai Connect daily quota used 7.4%, Shanghai->HKdailyquota used 4.9%
Read in Reuters: https://apple.news/
China's top energy company shuns Venezuela amid new US sanctions
China's biggest energy company is backing away from direct purchases of Venezuelan crude as the Trump administration tightens sanctions against the South American nation. China National Petroleum Corp. has canceled plans to load about 5 million barrels worth of Venezuelan oil onto ships this month in the aftermath of the latest executive order by President Donald Trump, according to people with knowledge of the situation who asked not to be identified discussing proprietary information. CNPC
Read in Aljazeera: https://apple.news/
Hong Kong, China markets gain most in about two months as trade progress, Shenzhen plan boost sentiment
Hong Kong stocks posted their best daily performance in two months on Monday, while China markets jumped the most in seven weeks as investors cheered Beijing’s grand reform plan for Shenzhen and progress on the trade talks. The Hang Seng Index surged 2.2…
Read in South China Morning Post: https://apple.news/
Japan’s Retail Giant Rakuten Officially Launches Crypto Exchange
Japanese cryptocurrency exchange Rakuten Wallet has launched trading a year after acquiring Everybody’s Bitcoin. Three trading pairs go live Confirmed in a press release on Aug. 19, Rakuten Wallet, which is a subsidiary of Japanese e-commerce giant Rakuten, said spot trading of three cryptocurrencies — Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH) — was now live. In future, developers plan to release an app for iOS and Android, use of which will be mandatory for deposits and withdrawals.
Read in Cointelegraph: https://apple.news/A37Zyv_
EUROPE
Talks begin to shorten trading hours in Europe
CNBC's "Squawk Box" crew report on why traders in Europe might be in for a shorter workday.
Read in CNBC: https://apple.news/
Brexit: The plan to force companies to be no-deal ready
The government is set to sign up companies to a key system to make them ready for a no-deal Brexit
Read in BBC News: https://apple.news/
Leaked document reveals Brexit could trigger a Windrush scandal for EU citizens
Home Office officials believe the EU citizens could face "another Windrush" scandal after Brexit, which could see thousands treated poorly or detained, the Times reported. Boris Johnson's government plans to end free movement overnight if it leaves the EU with no deal. However, officials believe the plan for an "interim" immigration to replace free movement would prove impossible to enforce and could leave the status of EU citizens living in the UK in doubt. Visit Business Insider's home page
Read in Business Insider: https://apple.news/A_
Threat to end freedom of movement overnight is reckless, say EU citizens
Priti Patel’s reported aim contradicts the PM’s promises, says the3million campaign Ending freedom of movement for EU citizens immediately after a no-deal Brexit would be reckless and could create a hostile environment for European nationals, a campaign group has said. The3million, a citizens group that represents the rights of EU nationals in the UK, was responding to the news that the home secretary, Priti Patel, intended to impose new border restrictions overnight on 31 October if Britain
Read in the guardian: https://apple.news/
More eurozone stimulus expected after inflation revised down
Official figures show that inflation across the 19-country eurozone was lower in July than anticipated, bolstering expectations that the European Central Bank will provide another shot of stimulus to the single currency bloc next month
Read in ABC News: https://apple.news/A-
Boris Johnson insists he is 'confident' the EU will buckle on Brexit
Boris Johnson today insisted he is 'confident' the European Union will ultimately buckle on Brexit and agree to renegotiate the terms of Britain's divorce from the bloc.
Read in Daily Mail: https://apple.news/
Brexit: Freedom of movement 'will end' says the government
The government has ditched the idea of extending freedom of movement to 2021 in the event of a no-deal.
Read in BBC News: https://apple.news/AmYzFd4H_T_
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Wednesday 8/21/19 did update on the indicative rates Sell Rate 1190
The currency auction is 211,619,222
There are news and announcements today.
1.Training activities held by the Center for Banking Studies at the Central Bank of Iraq for the first half of 2019
Training activities held by the Center for Banking Studies at the Central Bank of Iraq for the first half of 2019
Training activities held by the Center for Banking Studies at the Central Bank of Iraq for the first half of 2019
August 21, 2019
Rafidain Bank issues clarification on the advance of 25 million dinars
21-08-2019 10:03 AM
Baghdad
Rafidain Bank issued on Wednesday a new clarification on the advance of 25 million dinars, stressing that the grant to the employees of the endemic state salaries and who submitted it electronically in the form of meals and at short periods of time.
The bank's media office said in a statement received by the 'orbit', that 'the predecessor of the employees of the endemic state salaries exclusively with the bank, which amounts to 25 million dinars to be submitted by the MasterCard'.
He added that 'the advance is based on the salary of the employee to cover 50 percent of his monthly salary monthly installment of the advance, calling on state employees to visit the bank branches exclusively and apply for advances.'
Value Traded
1,051,191,784
Shares Traded
ISX ended in Red
Kauaihn Chatter:dd
http://www.dinarguru.com/
8-21-2019 Intel Guru Frank26 Everyone knows... The US Treasury, the Iraqi citizens, the CBI, the GOI, the IMF…Everyone knows. Iraq is now on fire with the reinstatement of their currency.
8-20-2019 Intel Guru MarkZ Everybody still on high alert...Military contacts still believe today could be the kick off.
8-20-2019 Newshound Guru Kaperoni Countries that LOP or redenominate due to failed monetary policy such as hyperinflation, tend to create monetary illusion which is usually done as a last resort. Ultimately, this usually fails again. Iraq has been very successful, therefore not a candidate for such an event.
8-20-2019 Newshound Guru RVAlready I think we are about done. :) ...With Iraq advertising coins on TV, this has to be about over.
8-20-2019 Newshound Guru larrykn Article: "MP Talal Khodier stripped of parliamentary immunity over corruption charges" seem to me they are attacking everyone that is corrupt or slowing the govenment down, looks like a big move is happening now...this could be good news for all of us.
8-20-2019 Intel Guru MarkZ [I hear rates are now on the front screen] I have asked contacts this...they say they can not confirm or deny.
8-20-2019 Intel Guru Frank26 ..."EVERYONE KNOWS!!!" LOL. YES SIR. TODAY...THERE IS MORE AND YOU ARE READING IT !!! NOW PAY ATTENTION TO THE NEXT CLUSTERING OF POLITICAL POSTURING TO SEE THE SOURCES THAT ARE COMING OUT AND TALKING STRAIGHT FORWARD...SOUNDING LOGICAL ABOUT THE IRAQI DINAR SOON TO HAVE A CHANGE IN ITS VALUE BY THE REMOVING OF THE 000'S AND INTRODUCING NEW SMALL CATEGORY NOTES AND THEIR FILS...THE COINS THAT AUTOMATICALLY EQUAL A CHANGE IN THEIR EXCHANGE RATE...PREPARE YOURSELF TO DO THE IMPOSSIBLE...
8-20-2019 Newshound/Intel Guru Dinar Investor - Jeff The formation of the government...is the linchpin...Iraq has delayed the formation of the government this entire year so they could set the stage...In my opinion the setting of the stage ends at the end of August and that's why they have the formation of the government set for September. But now they have a brand new pattern coming into the news as the setting of the stage suggests to be ending in August...
8-20-2019 Newshound Guru MilitiaMan "the Finance Committee will work to raise the price of the dinar against the dollar and give it strength among other currencies in the Arab world, or at least maintain the current exchange rate to have monetary power within Local market.“ This is not talking about a program rate! Imo.
8-20-2019 Intel Guru MarkZ [via PDK] Contacts are sitting at the edge of their seats – waiting for the release today…Rumor that 5 of the 8 800 numbers have been sent out to the people who were to release them. …I have not been able to verify it….many, many people are thinking its today... Spoke to 2 contacts in Europe…they are looking for a release today... I think today is our day. I expect one of three things... 1. Money at our level 2. Information on exactly where we are 3. Both. As of last night in Iraq I hear they are still using the old rates.
8-20-2019 Newshound Guru Vital Brad ...I found the current rates of all the countries within Iraq's region...Iraq's right there...at .00083. It's the lowest besides Iran with everything that's going on in Iran right now...Kuwait: one Kuwaiti dinar is 3.28 US dollars so it's a very valuable currency...Jordon: 1.41...Turkey: .17 ... Saudi Arabia .26 . So Iraq's currency is way undervalued for the amount of oil that it carries...
8-20-2019 Intel Guru Frank26 ...We have a total of about 21 articles about the coins...yeah this is impressive... article after article after article after article about the coins...This step is monumental. This step is as close as you can get to the "second article" from the CBI...that will explain everything to the citizens step-by-step. Article "The Finance Committee in the House of Representatives revealed that there is a tendency to reintroduce the coin..." ...when they do reinstate their currency they will use the ATM machines and the banks to distribute the new small category notes...the citizens now know even though it's not yet directly from the CBI...
8-20-2019 Intel Guru Delta URGENT FROM IRAQI TV: "Parliamentary Finance Committee intends to raise the price of the dinar against the dollar and give it strength among other currencies." IT'S ALL OVER THE NEWS NOW ALL ABOUT RAISING THE VALUE...
8-20-2019 Newshound/Intel Guru Dinar Investor - Jeff Today we had articles on coins, their importance and significance and how they're related to changing the rate which is deleting the zeroes...These articles are from the Finance Committee... But there's another layer to this...the foundation or starting point for all of this. Article: "Directed To re-work the Coin" Quote: "Bank of Iraq, aimed at raising the dinar exchange rate and maintaining the stability of inflation" ...The reason they are saying they need to increase the dinar exchange rate to maintain stability of the inflation...that's actually the foundation right now for deleting the zeroes and implementing lower denoms...plus coins. [post 1 of 2....stay tuned]
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
*************
ARTICLE 1 (from PM Mahdi's website; posted only on Arabic side, not on English side)
Prime Minister Adel Abdul-Mahdi receives German Defense Minister Ing
Prime Minister Adel Abdul-Mahdi said during a meeting with German Defense Minister Ingbert Krump Karnbauer that we look forward to continued cooperation between the two friendly countries and to major partnerships and projects with Germany to rebuild Iraq and achieve the overall renaissance and that our joint work is a sustainable road and builds a long-term partnership He said that the Iraqi forces of all kinds and formations of the army, police, peshmerga and a popular crowd made huge sacrifices and were the most important factors of victory over ISIS, and the government appreciates these sacrifices and we are working on Grate weapon state, however, as we launched an operation against the will of victory remnants Daesh.
The Prime Minister added that Iraq attaches great importance to the relations of cooperation with Germany and continued in all areas, and thank Germany for standing with us in the war on ISIS and hope to continue the security and intelligence cooperation through which we were able to protect our countries and our peoples, and we have a great work in the economic field and we look forward to establishing Partnership with major German companies that are appreciated by the Iraqi people for their quality and well-known industries.
The Prime Minister praised the role played by Germany to achieve world peace, pointing out the identical positions of Iraq and Germany on the regional situation, stressing that Iraq is working to protect its security and interests and stability of the region and international relations.
For her part, the German minister expressed her country's pride in relations with Iraq and the common desire to expand it and increase cooperation in the fields of security, economic and reconstruction, said the German Defense Minister: We are with the independence of the Iraqi decision and the stability of Iraq, which is stability for the region, and we are happy with the development of Iraq and stability The areas of training, supporting the capabilities of Iraqi forces, improving infrastructure and economic cooperation, and we stand with the Iraqi government in its positions to consolidate security and stability and develop the economy, the German minister pointed out T between the two countries, and Germany, with the stability of the region and to maintain the nuclear agreement.
The meeting was attended by a number of members of the German parliament and the German ambassador in Baghdad, as well as the head of the Security and Defense Committee in the House of Representatives, Mr. Mohammad Reza, a number of officials and advisers, and the head of the Department of Europe in the Foreign Ministry.
Information Office of the Prime Minister
20 - August 2019
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ARTICLE 2 (from Government of Iraq twitter account)
- PM @AdilAbdAlMahdi receives in Baghdad the Defence Minister of the Federal Republic of Germany @akk and holds discussions on strengthening Iraqi-German relations and regional security.
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ARTICLE 3
The government increases the share of Kurdish parties from embassies to 12 instead of 8
2019/8/20 19:38
Baghdad-Where]
The Kurdistan region has received an increase in diplomatic representation through the embassies where the ambassador will serve as Kurdish personalities from the northern parties, it was announced Tuesday.
The official website of the Kurdistan Democratic Party, according to "Kurdistan 24" that the current discussions between the parties to the government on the conditions for nomination for the post of ambassador, allowed the Kurdish parties, to get a dozen embassies instead of eight previously. In eight embassies, including the Embassy of Iraq in Sweden, Italy, Ukraine, the Netherlands, Greece, China, the Vatican and Romania.
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ARTICLE 4-A
Lift the immunity of MP Talal Zobaie on corruption charges
2019/8/20 17:35
[Baghdad-Where]
The President of the House of Representatives, Mohammed Halbousi, decided to lift the immunity of a member of parliament at the request of the Supreme Judicial Council, because of corruption charges against him.
According to a document issued by the Presidency of the House of Representatives, Halbousi agreed to lift the immunity from the representative of the decision-making coalition, Talal Zobaie at the request of the judiciary "due to the many complaints received by us on corruption charges against him during his tenure as chairman of the former Parliamentary Integrity Committee."
Al-Halbousi called on the Supreme Judicial Council to take the necessary measures against Zobaie and call the complainants to review the courts.
In July, the head of the Supreme Judicial Council, Faeq Zidan, called on the Iraqi Council of Representatives to lift the immunity of its members "accused of corruption cases" while they are in the executive duties of the 21 deputies.
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ARTICLE 4-B
Alliance decision: lifting immunity from Zobaie targeting came against the backdrop of political rivalry
2019/8/20 19:50
[Baghdad-Where]
The Iraqi Decision Coalition issued a statement on Tuesday, stressing that the lifting of immunity from MP Talal al-Zobaie is "primarily political targeting", indicating that the decision was taken against the backdrop of political rivalry.
The coalition said in a statement today, that "an order from the President of the House of Representatives to lift the immunity of MP Talal Khudair Zobaie against the back of a complaint against him by a citizen."
"This was a surprise to the Iraqi decision coalition for the following reasons:"
"The complaints against the deputies and those who asked to lift the immunity from them exceeded thirty deputies, and the question why Mr. Zobaie targeted only.
The complaint against Mr. Zobaie does not amount to a clear criminal act with clear and consistent evidence.
The Iraqi Decision Alliance believes that the targeting of MP Zobaie is primarily political, otherwise the files submitted against the deputies should be referred to a specialized legal committee, and presented its opinion to the members of the Council to take the appropriate decision towards everyone, and in a professional manner away from personal targeting, not limited to the matter On Mr. Zobaie.
It is clear that the decision was taken against the backdrop of political rivalry, in a selective manner, as the decision did not come within clear and transparent legal contexts.
The Iraqi decision-making coalition demands the adoption of legal methods, and condemns any personal targeting outside the will of the Assembly of the Council of Representatives.
"This was a surprise to the Iraqi decision coalition for the following reasons:"
"The complaints against the deputies and those who asked to lift the immunity from them exceeded thirty deputies, and the question why Mr. Zobaie targeted only.
The complaint against Mr. Zobaie does not amount to a clear criminal act with clear and consistent evidence.
The Iraqi Decision Alliance believes that the targeting of MP Zobaie is primarily political, otherwise the files submitted against the deputies should be referred to a specialized legal committee, and presented its opinion to the members of the Council to take the appropriate decision towards everyone, and in a professional manner away from personal targeting, not limited to the matter On Mr. Zobaie.
It is clear that the decision was taken against the backdrop of political rivalry, in a selective manner, as the decision did not come within clear and transparent legal contexts.
The Iraqi decision-making coalition demands the adoption of legal methods, and condemns any personal targeting outside the will of the Assembly of the Council of Representatives.
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ARTICLE 5
Governor of Baghdad decides to withdraw the hand of his deputy technical
2019/8/20 17:27
[Baghdad-Where]
The governor of Baghdad, Falah al-Jazairi, decided to withdraw the hand of his deputy Ali Hegel for 60 days.
According to a letter issued by the Governor of Baghdad Falah al-Jazairi "based on the powers vested in us and the requirements of public interest and based on the letter of the Baghdad Provincial Council on 20/8/2019 with the recommendations of the investigative committee formed pursuant to the decision of the provincial council decided to withdraw the hand of [Ali Hegel Mohammed] First Deputy Of the Governor of Baghdad from the position for 60 days according to the State Employees Discipline Law of 1991. "
He pointed to "the formation of an investigative committee in the province of Baghdad on the same subject above to submit a report and recommendations within a period not exceeding 30 days and formed by a subsequent administrative order."
The Governor of Baghdad, "assigning the Assistant to the Governor for Services Affairs {Cactus torment functions of technical deputy / agency in addition to his duties"
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ARTICLE 6
A gang led by a woman admits to trafficking in human organs in Baghdad
August 21, 2019 - 12:06 pm
Baghdad / Step Press
The Rusafa Investigation Court - the investigative committee competent to hear the cases of the Directorate of Combating Criminality of Baghdad, ratified the statements of a gang run by a man and a woman specialized in trafficking in human organs.
A statement issued by the Media Center of the Supreme Judicial Council received a copy of the step that "the defendants confessed before the competent judge that a woman leading a gang in one of the areas of Baghdad is exploiting the need for money for the trafficking of human organs (kidneys) in exchange for The amount of money up to 7 million Iraqi dinars.
The statement added that "the defendants confessed to judicial investigation by carrying out dozens of operations during the past period," noting that "their arrest comes in accordance with the provisions of Article 18 of the Law of Transplantation of Human Organs and Prevention of Trafficking."
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