Thursday, September 12, 2019

Thursday 9/12/19 WOTS

Thursday 9/12/19 WOTS

Thursday 9/12/19 Wots
 
Forex Rates
 
 
SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1186.0000  1195.0000 1190.8000 1190.5000 1190.8000  -0.8000 04:02
 USD/VND  23207.0000  23210.0000 23174.7200 23174.7200 23174.7200  4.1700 04:03
 USD/CNY  7.0875  7.0895 7.1182 7.0825 7.1156  -0.0280 04:07
 USD/KWD  0.3032  0.3052 0.3034 0.3031 0.3031  0.0000 04:05
 GBP/USD  1.2325  1.2327 1.2342 1.2314 1.2328  -0.0003 04:07
 USD/IRR  0.0000  0.0000 42097.5000 42097.5000 42097.5000  97.5000 00:00
 USD/IDR  13987.0000  13991.0000 14053.0000 13967.0000 14038.0000  -50.0000 04:07
 
 
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DC NY Iraq Articles:dd  
 
 
 
Macron visits Iraq at the head of a high-level delegation to discuss economic files
 
 
September 12, 2019 12:30 PM
A member of the Iraqi Economic Council, Ghadeer Al-Attar, revealed on Thursday, an upcoming visit by French President Emmanuel Macron to Baghdad soon to discuss several economic files.
 
Al-Attar said in a press statement that French President Emmanuel Macron will visit Baghdad during the past three months of this year at the head of a high-level delegation of government ministers and French businessmen, stressing that "the French president will sign the contract of Baghdad train suspended with the Iraqi government."
 
He added that "Macron's visit will witness the discussion of trade exchange between Paris and Baghdad with the presidents, ministers and parliament, as well as the activation of economic agreements between the two countries.
 
He pointed out that "Macron will also discuss the subject of facilitating Iraq and overcome obstacles to the entry of French companies to invest in Iraq in addition to the process of facilitating the entry of Iraqis to France ."
 
 
Former Iraqi MP Appeals at Supreme Court Against Halbusi
 
 
 
BasNews 12/09/2019 - 01:01 Published in Iraq
 
ERBIL - A former Iraqi lawmaker has appealed to the Federal Supreme Court against Parliament Speaker Mohammed al-Halbusi reportedly for not broadcasting the parliamentary sessions.
 
Former MP at the Iraqi Parliament Shiruq Abaichi said in a statement that he had filed an appeal against all the parliamentary sessions of the new Council of Representatives, arguing that it has not broadcasted the sessions which is a violation to the Constitution.
 
He added that based on Article 49, the parliament has to work under the supervision of the Iraqi people, while the Federal Supreme Court has issued a decree to consider the parliamentary sessions "unconstitutional" if they are held without the awareness of the public unless they are needed to be or voted on by the lawmakers.d

Announcing the date of opening of Arar port between Iraq and Saudi Arabia

 
Date: 2019/9/12 12:20  18 times read
 
Iraq and Saudi Arabia set the middle of next month to open a pilot for the port of Arar border for commercial purposes.
"Arar border crossing with Saudi Arabia will be opened on a trial basis on October 15 by agreement between the two sides," Kadhim al-Oqabi, head of the border outlets, was quoted as saying by the official SPA news agency.
For his part, said the Saudi Customs General Authority Majid al-Marzam: "The port is equipped with advanced equipment to facilitate the movement of wheels between the two countries and the development of trade between them."
 
 
Iraq reveals what measures Syria must take to return to the Arab League
 
https://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=https://arabic.rt.com/middle_east/1044421-%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7%25D9%2582-%25D9%258A%25D9%2588%25D8%25B6%25D8%25AD-%25D8%25A7%25D9%2584%25D8%25A5%25D8%25AC%25D8%25B1%25D8%25A7%25D8%25A1%25D8%25A7%25D8%25AA-%25D9%258A%25D8%25AC%25D8%25A8-%25D8%25B3%25D9%2588%25D8%25B1%25D9%258A%25D8%25A7-%25D8%25A7%25D8%25AA%25D8%25AE%25D8%25A7%25D8%25B0%25D9%2587%25D8%25A7-%25D9%2584%25D9%2584%25D8%25B9%25D9%2588%25D8%25AF%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25AC%25D8%25A7%25D9%2585%25D8%25B9%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A8%25D9%258A%25D8%25A9/&xid=17259,15700021,15700186,15700191,15700256,15700259,15700262,15700265&usg=ALkJrhgxV56xnJqhrXRRlzGl4TfFUa_YpQ
 
Posted: 12.09.2019 | 22:13 GMT | Arab World News
 
Iraq reveals what measures Syria must take to return to the Arab League
Iraqi Foreign Minister Ali Mohammed al-Hakim
Iraqi Foreign Minister Ali Mohammed al-Hakim reiterated his country's call for Syria's membership in the Arab League, revealing measures the Syrian government must take to return to the organization.
 
Iraq reveals what measures Syria must take to return to the Arab League
Iraq calls on the Arab League to re-membership Syria
Shukri: There are Arab consultations to agree on the appropriate timing for Syria's return to the Arab League
 
Al-Hakim said in a speech on Tuesday during his presidency of the first session of the Council of Ministers at the League, that Iraq's position on Arab issues is "the adoption of the principle of dialogue between the people of one country, and support international and regional efforts aimed at achieving peace and stability and preserve the sovereignty and territorial integrity of Arab countries. , And the return of displaced and displaced people to their homes, "pointing to the need to" restore Syria to its membership in the Arab League. "
 
Later, Hakim said during a press conference with the Secretary General of the Arab League, Ahmed Aboul Gheit: "The reservation is simple, and we expect the Syrian government to announce some measures for the Syrian people, and we believe that the brothers who are conservative are waiting for these measures."
 
"These measures are related to the return of displaced persons to their homes, the exemption of wanted persons for military service, and other simple measures, including the so-called constitutional committee," he said.
 
He stressed that Iraq did not agree to suspend Syria's membership from the outset, noting that it is not only a founding state of the Arab League, but "an axis of the Arab world and a key force in it."
 
Hakim continued: "We believe in the unity of Syria and the unity of its territory and the departure of all foreign forces from Syria and that the Syrians govern themselves."
 
Earlier, Iraq's ambassador to the Arab League, Ahmed Nayef al-Dulaimi, called on Syria to re-join the organization, calling on the Syrians to overcome differences and engage in dialogue to bring security and stability to their country.
 

KRG Office in Baghdad Reopens to Promote Good Ties

 
BasNews 12/09/2019 - 01:31 Published in Kurdistan
 
The representative office of the Kurdistan Regional Government (KRG) in Baghdad has been reopened so as to promote the relations between Erbil and Baghdad.
Head of the office, Faris Issa, told BasNews that the representative facility had been closed for several years, but that it was opened again to work as a "bridge" between the Kurdistan Region and Iraq as the two sides have agreed on resolving the remaining disputes through peaceful dialogue.
He added that the KRG will expand the structure of its office in Baghdad "for the purpose of further activating and institutionalizing the office."
"We want to make the KRG representative office in Baghdad an umbrella for all the Kurdish factions from the three authorities of legislation, executive, and judiciary from different Kurdistani political parties in Baghdad to address any issues in accordance with the Iraqi Constitution," Issa concluded.

 

The Interior Inspectorate discovers the disbursement of money forged transactions to the Anbar police

 
Release date:: 12/9/2019 10:45  123 read times
 
An audit committee of the Office of the Inspector General of the Interior Ministry in Anbar province has discovered millions of dinars and embezzled by the police of the second region in the province by falsifying the signatures of the heads and members of the committees and promoting fake exchange transactions.
A statement of the inspectorate received a copy of the agency (Euphrates News) that "the Audit Committee, which was set up by the Inspectorate of the Interior to audit the accounts of the Directorate of the police of the second zone, discovered that the Directorate of the Department had falsified the signatures of the committees of procurement, receipt and examination And forged processing. Resulted in embezzlement of millions of dinars. "
He pointed out that "the committee that conducted the initial administrative investigation with all those involved in the case, which proved the existence of forgery, manipulation and embezzlement, and prepared a report to the Directorate of Inspection included a recommendation to the Inspector General to form an investigative council in order to detect the manipulators and abusers on public money in order to bring them to justice ".is over
 

 

Declaration of mourning and disruption of official working hours in the holy city of Karbala for 3 days

12/09/2019
Baghdad / Al-Ghad Press:
The local government announced on Wednesday the mourning and disruption of official working hours in the holy city of Karbala for three days.
The government said in a statement received "tomorrow," that "at the request of the governor of the holy city of Karbala, Nassif al-Khattabi and the President of the Provincial Council, Ali al-Maliki and the approval of Prime Minister Adel Abdul-Mahdi, the local government in the holy province of Karbala, the official mourning, and disruption 3 days on the souls of the martyrs of Ashura visitors of Imam Hussein, peace be upon him who were martyred today during his running Twaireej and who martyred solubility and loyalty in the love of Imam peace be upon him.
He added, `` On this painful occasion, we extend to the families of the martyrs and the wounded with sincere condolences and great sympathy, and we ask God to confine them with the martyrs and the friends in the gardens of the mole and inspire their families patience and solace, asking God Almighty that the martyrs may be shrouded in mercy and bless the wounded with a speedy recovery. ''
 
 
Kauaihn Iraq Articles:dd

Director of the Office of the Supreme Reference clarifies who will succeed Imam Sistani

 
Release date:: 9/9/12 11:02  4471 times read
 
Hamid al-Khafaf, director of the office of the Grand Ayatollah Grand Ayatollah Imam Sayyed Ali al-Sistani in Lebanon, who will succeed the supreme authority (long as his shadow) after his death.
He answered the pumice in an interview in a question on how to see the future of religious authority after the long life of Mr. Sistani? Does his office have a role in that? Is he expected to continue his political approach with the next reference in Iraq ?, saying: the major references in the history of Shiite only formed with the support and support of a broad spectrum of scholars and the virtues in the scientific seminaries and countries inhabited by Shiites around the world.
"I think that the future will not be different from the past in this regard, and I can not predict what it is then, but it is certain that the approach of His Eminence, as long as his office in Najaf is going - is far from any idea that his family will continue to abuse." With the reference issue after the absence of a reference person (God prolonged his life) and believes that the permanence of the Shiite authority is strong and influential subject to its removal from suspicion of inheritance, regardless of the scientific and administrative qualifications of its members.
He added, "As for the approach of the next reference to the Iraqi issue in accordance with the approach of His Eminence, it is highly expected, has established His Eminence for a pattern of dealing with political and social issues difficult to overcome after it has become a reality that is widely accepted by large segments of the Iraqi people, especially from Intellectual, cultural and political elites.
 "

In the document .. Governor of Basra directs the withdrawal of bonuses disbursed to the staff of the governorate

 
Release date:: 9/12/2019 1:01  107 times read
 
(Baghdad: Euphrates News) The face of the Governor of Basra Asaad al-Eidani withdraw the rewards of the staff of the province after the achievement of integrity due to irregularities.
A source told (Euphrates News) that "the process of withdrawal of the reward came because of the integrity of mechanisms and the reasons for disbursement, in addition to other irregularities, including the distribution of 100 billion dinars of petrodollar funds allocated for the reconstruction of Basra as a hazardous allowance to the staff of the provincial council and the provincial council, managers and officials.

Al-Mayahi reveals the progress of projects in Wasit and gives companies working 10 days

 
Release date:: 2019/12/9 0:42  84 times read
 
Wasit Governor Mohammed Jameel al-Mayahi, the progress of projects in the province, while giving companies working 10 days to prove the extent of their seriousness at work.
Al Mayahi said in a statement received (Euphrates News) a copy: "We focus a lot on the beloved province, our city of Kut expensive people look forward to your proposals and ideas to develop squares, streets and beaches, we continue to work almost daily in the areas of officers this project, which exhausted the neighborhood and its people and determined to accomplish Despite all the challenges, obstacles and problems that accompanied him from the beginning of the referral to a stop for several years and re-work it again in order to end the suffering of our valued people.
He added that "jurists, safe and Hawra district, we seek to redouble efforts before the winter, to provide something to our valued people in these neighborhoods."
He continued that "peasants and lights continue to work, and the shrine of Mr. Abu Hassan in the process of completion and we have other projects in these two beloved neighborhoods."
He pointed out that "Jihad neighborhood continues to rise and we see significant progress and observer status of the neighborhood between last year, and now will certainly notice the big difference and the company's work, which is developing and accelerating as well as municipal work proceeds within the plan set for them successfully."
He explained that "the arsenal was completed the annual road to shorten the road on our people on the right side, going south, especially our dear students ahead of the new school season."
He stressed that "residential buildings .. We have a plan to pour the entrances to the buildings opposite the Baghdad garage .. And also the interview to the police command .. We know the suffering of our people in this region, especially in the rainy season .. We are keen to put an end to it."
He added that "peasant farming is continuing municipal work in it and has begun to pour open streets work in it."
"We have called the companies operating in the province and we do not allow any delay for any reason and we have given them 10 days to prove how serious they are to work and their ability to accomplish the work assigned to them," Mayahi said.
He added: "We do not allow any blackmail or attempts to obstruct the work of these companies by any party and we receive daily reports on the details of their work and problems." is over

Abu Raghef: We should leave the duplication and try the blocs in their attitudes towards the government

 
Release date:: 9/12/2019 23:47  124 times read
 
(Baghdad: Euphrates News) The spokesman for the National Wisdom Movement, Nawfal Abu Ragheef, the need to leave the duality of attitudes towards the government, and the trial of political blocs on the basis of clear screening.
Abu Raghef said in a press statement, "We agree and reserve and feel sorry for this uncertainty and duplication of attitudes towards the government, but we are very proud of the positions that appear clear and stand openly to the public when in loyalty should defend the government."
"But when you are in the opposition team, the positions and statements must be clear and this is what we adopt in the opposition national wisdom movement."
"It is very unfortunate today that we feel that there is a play on vocabulary, terminology, humor and deception in deceiving the public and there is a realistic and theoretical position," he said. As for the opposition, our context is clear and our slogans are clear and we do not feel duplicity and shame in front of the public. "
He continued that "the street needs to feel a clear sort of positions, a time of sorting positions and we really have to judge and try the political blocs and political performance on the basis of this sort."
 

KDP Reaffirms Support to Kurdish United Front in Provincial Elections

 
BasNews 12/09/2019 - 00:57 Published in Kurdistan
 -
The ruling Kurdistan Democratic Party (KDP) has reaffirmed its support to a Kurdish united front in the upcoming provincial election scheduled for next year.
Talking to BasNews, Khasraw Goran, head of the KDP's elections office, said that his party would agree with what the Kurdish political parties choose to do concerning their decision to wether participate in the provincial election in disputed Kirkuk and other areas or not.
He explained that the Kurdish factions have to either boycott the election in the disputed territories or take part in it as one united front.
According to a decision by the federal government, the IDPs are not allowed to vote unless they return to their places of origin, a move which is viewed as almost impossible while the hometowns are not fully stabilized yet.
The KDP official said that they have appealed to a federal court against the bill in hopes of cancelling the decree.
The official noted that the court will issue a final verdict on KDP's complaint.
"Those Kurdistanis who have fled from Sinjar and other areas had no choice but to flee from Daesh. Their houses have been destroyed and they are unable to return to their areas, and therefore they should have the right to vote," Goran argued.
 
 
Foreign Minister calls on Jordanian companies to invest in Iraq in infrastructure reconstruction
Foreign Minister Mohammed Ali al-Hakim on Tuesday called on Jordanian companies to invest in Iraq in the reconstruction of infrastructure.
"Foreign Minister Mohammad Ali al-Hakim met with Jordanian Foreign Minister Ayman al-Safadi on the sidelines of the Arab League's 152nd ordinary session at the ministerial level," his office said in a statement.
He added that the two ministers discussed ways to enhance cooperation between Baghdad and Amman in the economic, developmental and other sectors.
Al-Hakim called on Jordanian companies to "invest in Iraq in the field of infrastructure reconstruction," expressing "Baghdad's aspiration to build bridges of political consultation on various issues of priority for both countries."
During the meeting, they reviewed regional developments, the importance of security coordination and combating terrorism, and agreed to continue meetings and consultations in order to strengthen the mechanisms of joint action to face the current challenges and to ensure the security and stability of the Arab region.
 
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ECONOMIC TIMES / CHATTER

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GLOBAL/NEWS/INFO
Today in History
Today in History

Read in ABC News: https://apple.news/AcNlzw0LtRymdanAqHDT_pw
 
10 Things to Know for TodayAmong 10 Things to Know:
Trump, Bolton rarely saw eye to eye on global hotspots; US to commemorate 9/11 as its aftermath extends, evolves; Afghans fear Trump's Taliban move means more civilians die


Read in ABC News: https://apple.news/AhSr4Uqi2SOO2kQzTJsObLQ
Wayne T. Essex Essex and Associates Inc

How to Get the Most Out of Medicare

Don't understand Medicare coverage? You aren't alone. Millions of Medicare subscribers have no idea what Medicare covers and costs or how to change it.

Yet if you don't fully understand Medicare, it can cost you - you could choose the wrong coverage, wind up with higher premiums or copays, or miss out on crucial components you need for your health. Here's how to maximize your Medicare coverage while minimizing your out-of-pocket costs.

Sign Up As Soon As You're Eligible

It's a common assumption that, as soon as you turn 65, you're automatically enrolled in Medicare. Unfortunately, if you don't take action after your 65th birthday, you might miss out on Medicare entirely.

According to Consumer Reports, you have six months to enroll in Medicare for the first time: three months before you turn 65 and three months after. Your coverage only begins when you enroll, so in order for Medicare to take effect when you turn 65, you need to sign up before your birthday arrives.

Medicare enrollment is only automatic in one specific case. If you're already receiving Social Security benefits before you turn 65, the government will automatically enroll you in Medicare. Otherwise, if this isn't the case, you have to sign up as soon as you're eligible.

Wait too long to enroll and you could pay the price. While Medicare Part A is free for all seniors, Part B is not. Part B is designed for retirees. However, if you aren't retired by age 65, make sure you take action to enroll in Part B right before you're ready to retire. If you wait too long, you'll pay a penalty - a penalty that increases by 10 percent every year. Wait until you've been retired for one year, you'll pay a premium that's 10 percent higher. Wait two or three years and you'll pay 20 and 30 percent more, respectively.

And there's one more reason you need to sign up ASAP: if you sign up for Part D too late, you'll be hit with a permanent penalty that's added to your monthly premium every single month, Medicare.gov reports. It's a smart idea to sign up for Part D as soon as you sign up for Part B to cut costs and ensure you're covered.

Know What Each Part of Medicare Covers

Signing up for and understanding how to use your Medicare coverage is much easier when you know exactly what's covered. If you know the four different parts of Medicare, you'll know just which to use for different medical and health needs.

Understand the Basic Costs

Another common Medicare misconception is Medicare is entirely free. While Medicare is funded by the government, only some parts of this senior healthcare are actually free. The majority of Medicare coverage options come with costs of some kind.

As Consumer Reports states, original Medicare (Parts A and B together) isn't free. Though some seniors don't have to pay a premium for Part A, there is a premium of $422 per month for others - and that's on top of an annual deductible of $1,340. And Part B comes with a premium of approximately $130 per month.

Take Advantage of Open Enrollment

Why does this matter? Well, Medicare changes every year. Whether there are small changes to Medicare coverage, price changes in monthly premiums, or new plans offered, it's crucial that you know what's happening year after year.

During open enrollment, you can do research and a bit of comparison shopping. You can search for private insurance plans through Part C or Medicare Advantage, compare the premiums of options like Part D or supplemental gap insurance, and look into the coverage and copays of all of the available options. Doing this each year will ensure you're paying the lowest price possible while still getting all of the coverage and care you need to stay healthy.

Remember, you have to work to find the Medicare parts and plans that'll best benefit you and your health. To truly get the most out of your Medicare coverage, it's crucial that you stay informed and up-to-date on annual changes, costs, and included services - and this will help you remain as healthy as can be too, long into your golden years.

Just like taxes, Medicare planning is complicated.




OIL/COMMODITIES/ENERGY


Gold: Time To Load Up The Truck AgainThe weekly trend momentum of $1,475 is bullish.The weekly VC PMI of $1,527 is bearish.A close above $1,527 negates this bearishness.If short, cover position $1,494-1,473.

Read in Seeking Alpha: https://apple.news/ACfHfKZgaT5ikJhw7WTffRA


17 Trillion Reasons to Own Gold and Silver Stocks Right NowPlunging global yields have created the perfect scenario for precious metals to thrive.

Read in The Motley Fool: https://apple.news/AtLGW8quxS62i8f9rHuTcvA


Greg Weldon: Expect A 3+ Year Up-Move In Metals As Banks Counteract Debt DeflationThis week brought more big moves in precious metals markets. The biggest mover was silver.The odds of a more dramatic half-point cut by the Fed are diminishing as the yield curve begins to straighten out from its recent inversion. The 30-year Treasury yield is back above 2% while the 10-year surged above 1.5% on Thursday.Greg Weldon of Weldon Financial breaks down the recent move in silver, and also gives us his thoughts on the pullback we saw on Thursday.Greg also tells us at what price on the

Read in Seeking Alpha: https://apple.news/A3HbuIZiCQ227ffU79xtUqw


Weekly Oil Storage Report: Demand Worries Are Clearly Overblown
EIA reported a very bullish oil storage report this week. Products and crude drew higher than normal and big 4 storage is set to fall below the five-year average.In August, the big 4 (crude, gasoline, distillate, and jet fuel) all drew seasonally higher with products being the bigger driver this month.Seasonally speaking, products are usually supposed to be flat for August. Part of the draw came from lower than expected refinery throughput, but the other part came from higher than-expected-

Read in Seeking Alpha: https://apple.news/AWMSGbd3YRB-UHElEVlU3sA


Why Oil and Gas Stocks Are in Rally Mode TodayThe oil market is breathing a sigh of relief.

Read in The Motley Fool: https://apple.news/ApQB1Ar8wTNuG-DfNi3jl6g


Oil Prices Hit 6-Week Highs Buoyed by Optimism on Output Cut ExtensionCommodities Sep 10, 2019 12:24 GMT Investing.com -- Oil prices rose to their highest levels in six weeks on Tuesday, bolstered by hopes that OPEC and its allies may agree to extend an agreement to curb output in order to support prices. International benchmark Brent was up 55 cents at $63.16 a barrel by 08:23 AM ET(12:23GMT), its highest level since Aug. 1. Crude oil WTI futures were up 56 cents, or 1.0%, at $58.42 a barrel, its highest since July 31. Prices were on track for a fifth straight

Read in Investing.com: https://apple.news/AQ0VH5TTkSZCeNmHD-8XC-Q

 
 
BANKS/BANKING/CREDIT


Argentina’s Central Bank Is Running Out Of Money
The IMF’s poster child in Latin America is going broke. Reserves slip to around $10 billion.

Read in Forbes: https://apple.news/A4DdVLUjPT8qirxPvRhLIzA


The Need To Listen To The Big BanksThis week there will be an important conference when four of the largest US banks will give us some insight into how banking profits are evolving.The focus will be on what is happening to the net interest margins of banks as longer-term interest rates have dropped and the yield curve has become inverted.Information on the future of the industry might be gathered as these interest rate issues add difficulties to the structural changes taking place due to the impact of information technology.

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


Lloyds, Barclays, and Nationwide lead in offering UK consumers' most valued mobile banking featuresLloyds, Barclays, and Nationwide lead in offering UK mobile bankers' most valued mobile features in 2019, according to Business Insider Intelligence's first annual UK Mobile Banking Competitive Edge Study. Mobile banking has become a critical factor people consider when choosing a bank. In fact, 62% of respondents to our survey said they would change banks if theirs had a poor mobile banking experience. To help banks attract customers with leading mobile banking features, our 2019 UK Mobile

Read in Business Insider: https://apple.news/ABTUEK6yCQpmcexE5WpjkXw


StockBeat: Barclays, Lloyds, RBS Emerge From PPI NightmareStock Markets Sep 10, 2019 08:59 GMT By Geoffrey Smith Investing.com -- Harry Flashman, the fictional Victorian hero created by George MacDonald Fraser, used to say that once your vitals are trapped in the wringer, all you can do is holler with a good grace until you come out the other side. That’s pretty much what U.K. banking stocks are doing this week, as the sector tries to wake up from an eight-year nightmare – also known as compensation for mis-selling payment protection insurance.

Read in Investing.com: https://apple.news/AFIrPUKc1RCKWHWChxhkjPA

Top U.S. banks temper net interest income view, cite potential rate cutsU.S. bank executives struck a cautious tone on Monday as they updated investors on how lower interest rates and an inverted yield curve would affect the year's profits.

Read in Reuters: https://apple.news/AOYqEy-boTwGNS_XoRxOdgQ


China to become more selective in supporting distressed banks, say Moody’s and FitchChina is expected to continue to extend support to problematic banks, but authorities will be selective in their approach after pumping in billions of yuan to bail out three banks in the last four months, say analysts. Nicholas Zhu, a credit analyst at…

Read in South China Morning Post: https://apple.news/AiLEBzVN1Q-WMZ_u7mCTU8w

TREASURIES/BONDS/STOCKS


There's a sudden transformation taking place in the stock marketValue stocks — those with low multiples and stable fundamentals — significantly outperformed their growth counterparts on Monday.

Read in CNBC: https://apple.news/AgPETu1sSTK-0DV-LYORG2g


The Friction Between Bulls And BearsIn this market, are you a bull or a bear?I'm going to lay out the bull case and the bear case. You can decide which is more compelling.Personally, I'm a nervous bull who is sitting on 35% cash and watching every development in the market and the economy as this transition unfolds.

Read in Seeking Alpha: https://apple.news/AFdfjYPEUSeG5aQXEVWJVqg

Why the 'goldilocks' jobs growth market is bullish for stocksThe August nonfarm payroll number was a slight disappointment of Wall Street's expectations, but that's not a bearish indicator for stocks, according to recent market history.

Read in CNBC: https://apple.news/AbmGcp52rQamlN3EulsHvyQ


The Goldilocks Labor Report: “Just Right!”It's not a good sign when markets become manic. August was a volatile month- September starting off less so, but still vulnerable to tweets.

Read in Forbes: https://apple.news/AdFzy7G8nQwOqkvrxe9CEEA

Dow could snap its four-day win streakThe Dow and US stocks are set to slide in another sluggish session as investors are awaiting inflation data and the European Central Bank's policy update later in the week.

Read in CNN Business: https://apple.news/AAlrPalagSF6VMPRNnSAZRQ


The Dow Is Falling After Everything That Was Working Stopped WorkingOn Monday, value stocks had one of their best relative days on record. A lot of that had to do with investors dumping what had been working, not a desire to own value. And it’s not clear that they will suddenly develop that desire.

Read in Barron's: https://apple.news/AoJ40grOZRfqfa6ffbrOvww


Day Ahead: Top 3 Things to WatchCommodities Sep 10, 2019 20:12 GMT Investing.com --Here's the three things that could rock markets tomorrow. 1. Apple Still in Focus Apple (NASDAQ:AAPL) will likely be in the spotlight on Wednesday after it unveiled three new iPhones and said it's streaming service Apple TV+ would be launched on Nov. 1, at a lower price than rival streaming services. The three models that will ship Sept. 20 include the base iPhone 11, starting at $699, the iPhone 11 pro, starting at $999 and iPhone Pro Max,

Read in Investing.com: https://apple.news/AXLWhY-SsTJWMyXD399um0A


CRYPTO / DIGITAL CURRENCIES


Tether Launches Chinese Yuan-Pegged Stablecoin on the Ethereum BlockchainTether has launched its Chinese yuan-backed stablecoin, which it revealed will run on the ethereum blockchain as an ERC-20 token.

Read in CoinDesk: https://apple.news/A7T5LIm56Tvue0W8oaWpfmw

Venezuelans use cryptocurrency to bypass corruption, inflationFaced with hyperinflation and borders closed to humanitarian aid, Venezuelans are turning to cryptocurrency as a workaround of government control of money. Aid providers say digital currencies are becoming an important route to bypassing corruption or repressive regimes. Digital currencies have no shortage of critics, who point to their use in scams, theft and money laundering. U.S. lawmakers blasted Facebook’s plans for a cryptocurrency, and regulators routinely warn of wild volatility.

Read in Roll Call: https://apple.news/A3-YkeOXWPr6egkqs-iYbXQ


Facebook Adds Singapore Dollar to Libra Crypto Basket: ReportFacebook reportedly included the Singapore dollar but not the Chinese yuan in an updated list of currencies meant to back the Libra stablecoin.

Read in CoinDesk: https://apple.news/AQYDW8eGgQqm3-pVI80-_zw


South African Crypto Exchange Hits Milestone 3M Wallets, $5M VolumeMajor South Africa’s crypto exchange Luno has continued growing, having processed more than $5 million worth of crypto in August 2019. Marius Reitz, general manager for Africa at Luno, claimed that over 80 million South African rands ($5.4 million) worth of crypto has been completed on Luno’s South African platform on a daily basis in the last month, local tech publication TechFinancials reports Sept. 10. Three million wallets milestone Reitz reportedly stated that South Africa is one of the

Read in Cointelegraph: https://apple.news/AyfsEV7dERb-dP0_i2pHs0A

Little-Known Exchange Claims It Will Be First to Sell Telegram TokensBlackmoon, a little-known crypto exchange, is angling to be the go-to marketplace for Telegram's soon-to-be-issued gram tokens.

Read in CoinDesk: https://apple.news/ALU7_IAMKQ0CW1yZaC6wTbg

Bitcoin Consolidates Above $10.2K After Failed Price BreakoutBitcoin is lacking clear directional bias at press time, having failed to capitalize on a bullish breakout on Monday.

Read in CoinDesk: https://apple.news/AH6RlSKCJTfumJAdSENaWZg

CipherTrace Enters Race to Solve Crypto's FATF Compliance HeadacheCipherTrace has rolled out software for sharing sensitive customer information under the FATF’s new “travel rule” for global crypto exchanges.

Read in CoinDesk: https://apple.news/AUjtigvu5SRSO_kF5IGq19Q



CURRENCIES


FX Weekly: Watch The Little Rebound In Yields
Higher uncertainty and technical factors such as convexity buying have been the major drivers of interest rates in the past 9 months.The little US dollar weakness we saw in the past week has levitated 'oversold' currencies, especially the British pound.ECB dilemma: choose between keeping the euro cheap (hoping for inflation expectations to rise) and increasing banks’ profitability.We would expect a small consolidation in global yields in the short run.

Read in Seeking Alpha: https://apple.news/AJzM5cFXZROqyqjC-V9tKMg


Technology hands start ups key to $5.1 trillion FX market
More than five years since global foreign exchange (FX) trading was tainted by a rigging scandal, a handful of banks are more dominant than ever and show no sign of weakening their grip on the $5.1 trillion-a-day electronic market.

Read in Reuters: https://apple.news/AfGvV7_SLQyagdMkyocsY9g


Forex - U.S. Dollar Inches up After Job Openings DeclineForex Sep 10, 2019 14:50 GMT Investing.com - The U.S. dollar moved up modestly on Tuesday as job openings in the U.S. fell for the second-straight month. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, gained 0.1% to 98.347 as of 9:49 AM ET (13:49 GMT). Jobs openings slipped by 31,000 to a seasonally adjusted 7.2 million in July, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS, on Tuesday. Nonfarm

Read in Investing.com: https://apple.news/AqQZatg7zSg2EgRHvbqDNhQ

Pound Resilient As Brexit Plot ThickensThe pound strengthened against both the dollar and the euro on Tuesday, reversing earlier weakness, as investors took heart from legislation blocking a no-deal Brexit. Sterling also received a boost from stronger British economic growth than markets had been expecting and statistics showing unemployment at a 45-year low. European stock markets, meanwhile, drifted sideways awaiting a key European Central Bank meeting this week, while US markets were soft at the New York open. The British

Read in International Business Times: https://apple.news/AvGT6DI8aO4SFUxkHS4lwsw


Carney Says Brexit-Hit Pound Looks Like Emerging Market CurrencyPound volatility is at emerging-market levels and U.K. assets are set for a substantial repricing once the Brexit outcome becomes known, according to Bank of England Governor Mark Carney.

Read in Bloomberg: https://apple.news/A4CmlxLMbSfCVVj-Ab4pHNA

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

Read in Inside Retail: https://apple.news/AblYthBVkO4uyqmOEPO8X3A


Capital outflows amid Hong Kong’s protests could have caused record drop in forex reserves, analysts say
Money being taken out of Hong Kong amid the anti-governments protests, as well as China’s cooling economy and the mainland’s trade war with the United States, could have been the cause for the city’s foreign exchange reserves posting their biggest monthly…

Read in South China Morning Post: https://apple.news/A2sYXa-83TaOuU_FJ7foUEg

HEALTH / SCIENCE

Go Ahead, Take a Nap. A New Study Says They May Be Good for Your Heart
Sweet dreams

Read in TIME: https://apple.news/Af8sLjcaCR5CLbvknaImtnA


Delaware probes 3 possible cases of vape-related lung issuesDelaware health officials are investigating three possible cases of severe lung disease related to the use of electronic cigarettes and vaping

Read in ABC News: https://apple.news/Av3aukUWfTO2SxrgBWEbGzQ


Americans love snacks. What does that mean for bad health, rise in obesity?
Americans are addicted to snacks, and food experts are paying closer attention to what that might mean for health and obesity.

Read in Fox News: https://apple.news/AMU7iaAOJQWmA7h6two_E6Q


6 things you need to recover from every dayEach succeeding stage of your progression should clearly build one-upon-another, leaving you stronger and more able, not weaker and permanently damaged.

Read in Ladders: https://apple.news/ANqkjfc5-QKOpQOM0w3xKDA

A third person has died of EEE, a rare mosquito-borne illness, in the United States
At least three people have died in the United States after contracting the fatal mosquito-borne illness Eastern equine encephalitis (EEE) this year.

Read in CNN: https://apple.news/Azk3QxKPlSP6bJg401YxUdQ


Richer Americans live longer than those lower down the ladder
Poverty a "life-threatening issue for millions of people," Sen. Bernie Sanders says of government's longevity findings

Read in CBS News: https://apple.news/A19lrI9ZTRwSg_gzuev3UNA

Subsidised body checks, cancer screening and flu jabs for all Hongkongers under think tank Bauhinia Foundation Research Centre’s HK$7.8 billion proposal
Free or subsidised body checks, cancer screening and vaccination services that would cost the government about HK$7.8 billion (US$1 billion) a year should be provided at Hong Kong’s new community health centres, a think tank proposed on Tuesday. The…

Read in South China Morning Post: https://apple.news/ADJS8DNTrQ_aQYJuVboMp4g


USA / CANADA


Trump says he could meet with Iranian President Rouhani
U.S. President Donald Trump said on Monday he could meet with Iranian President Hassan Rouhani and that he had no problem with such an encounter.

Read in Reuters: 
https://apple.news/AeoywjCuXSLWl8GaZQTDwrA


Why Trump looks down on using foreign assetsPresident Donald Trump has privately and repeatedly expressed opposition to the use of foreign intelligence from covert sources, including overseas spies who provide the US government with crucial information about hostile countries, according to multiple senior officials who served under Trump. CNN's Jim Sciutto reports.

Read in CNN Politics: 
https://apple.news/AV59OWXJyQY6G1CYc1l5X1A


For Washington, Russian And China Tech Spies Suddenly EverywhereAre we ostracizing Russian and Chinese capital? Or are investments from people like Mikhail Abyzov, now in jail, a warning to foreign VC?

Read in Forbes: 
https://apple.news/AFpCrUaJ0TyybRe6S34arcQ


Kremlin: Reported US spy worked in Putin's officeThe Kremlin confirmed Tuesday that a man who Russian media suggested was a U.S.

Read in The Hill: 
https://apple.news/AE04TnsZzSESge7-kRzsN3g


Small business optimism dips in AugustCNBC's Kate Rogers reports on the latest confidence report from the National Federation of Independent Business.

Read in CNBC: 
https://apple.news/AmVzR3XlOQQy56Uzm1mgWOA


Millennials, priced out of homes locally, shop for investment properties onlineIf you can’t afford a house down the block, go online and buy across the nation.

Read in Curbed: 
https://apple.news/AOQyb0lpjTq2aW-ixPnFyQQ


EMERGING MARKETS


Democrats hit HUD for missing Puerto Rico disaster relief deadline
House Democrats say they plan to hold a hearing on why the Department of Housing and Urban Development (HUD) missed a crucial deadline for allocating the most recent batch of disaster relief funds to Puerto Rico.

Read in The Hill: 
https://apple.news/As4Lc45eESayO9n2M-FEqKQ


Venezuela’s Oil Woes Deepen as Chinese Contractor Halts Work - Oil and Gas NewsA Chinese oil contractor halted work on an expansion project in Venezuela because it hasn’t been paid, underscoring the difficulties for the Nicolas Maduro regime even at energy ventures backed by allies. China Huanqiu Contracting and Engineering Corporation, an affiliate of government-run China National Petroleum Corp., notified the Sinovensa joint venture it has suspended work to expand a crude blending facility by 57% to 165,000 bpd, according to a document seen by Bloomberg and a person

Read in Oil and Gas People: 
https://apple.news/AFnymBN8lPqOGgTzujDs74Q

Maduro regime is moving money through Spain's central bankAs a growing number of banks around the world refuse to move money on President Nicolas Maduro's behalf, Venezuela has found an ally in the Bank of Spain, according to two people with knowledge of the matter.

Read in My San Antonio: 
https://apple.news/AwOA6HEyfRLCYv2gd8o9hqQ

Citi's Atiq Rehman appointed head of EMEA emerging markets businessCitigroup Inc has appointed Atiq Rehman, currently Middle East and Africa head at the U.S. bank, as the head of the newly created EMEA Emerging Markets Cluster, according to an internal email sent on Monday and seen by Reuters.

Read in Reuters: 
https://apple.news/AI_EKVCj9Q--y6j8Iih8M8w

Emerging Markets Equities Topped Asset Class Returns Last WeekStock markets in emerging markets continued to rebound last week, posting the strongest gain for the major asset classes.This is no mean feat, considering that nearly every slice of global markets rallied during the trading week.Last week’s weakest performer among the major asset classes: inflation-indexed Treasuries.

Read in Seeking Alpha: 
https://apple.news/A13SFfVyRT_S6o0TPZ-9BYg


MIDDLE EAST


Netanyahu alleges Iran had secret nuclear weapons development site in Abadeh
The Israeli prime minister claimed the site was discovered in Iranian documents obtained last year.

Read in NBC News: 
https://apple.news/AaqO-wB6eTkCWQLAzjBtjhQ


Netanyahu expected to promote West Bank annexation to boost right-wing support
Israeli Prime Minister Benjamin Netanyahu is expected to announce later Tuesday his intention to promote annexation steps in the occupied West Bank if he wins the next week's elections, an Israeli official tells me.

Read in Axios: 
https://apple.news/A_inxZnxTTmWWA7xd8AP6Ig


Israel is the 'best place for Arabs' in the Middle East, claims Netanyahu rival
Israel is the 'best place for Arabs' in the Middle East, claims Netanyahu rival

Read in The New Arab: 
https://apple.news/Aaf_LhpQ7Tmm5e3m1MWdqyQ

Crescent Petroleum CEO: The region embraces Iraq on economic and political sideMajid Jafar discusses the political spectrum in the GCC countries.

Read in CNBC: 
https://apple.news/AjEQ2Q5IHTPiqid9jMJdrbQ


UAV targets Iraq weapons depot belonging to pro-Iran militia: Arabic mediaA spate of mysterious explosions rocked Iran-backed positions across Iraq in recent months

Read in i24 News: 
https://apple.news/AY9IqYbQVRRKAsZFFJMxyrA

Iran and Saudi Arabia among 'most censored' countries in the worldIran and Saudi Arabia among 'most censored' countries in the world

Read in The New Arab: 
https://apple.news/A5NoEn-z-SJiuZ1TC_jQQLg


Satellite images show US-pursued Iran tanker still off SyriaNew satellite photos show an Iranian oil tanker pursued by the U.S. remains off the coast of Syria

Read in ABC News: 
https://apple.news/AWR1P9SVRTsmzYNRTwU6nXw

Egypt's lowest inflation in 6 years opens door for more rate cutsEgypt's annual inflation eased in August to its lowest level since the start of 2013, paving the way for a new round of interest-rate cuts when the central bank meets later this month. Consumer prices in urban parts of Egypt rose by 7.5% the state-run CAPMAS statistics agency said Tuesday. Prices rose 0.7% on the month compared with 1.8% in July. The central bank is due to release its core inflation figure, which strips out regulated and volatile items, later in the day. "It looks like you still

Read in Al Jazeera: 
https://apple.news/AgIaPpgnjM4OSyY3-YyMxRw

AFRICA


Mugabe's body heading home to Zimbabwe for mourning, burialThe body of Zimbabwe's former President Robert Mugabe is being returned to his homeland before his burial in the African nation he ruled for decades

Read in ABC News: 
https://apple.news/Aewgstr4kRcOM1QSrvKgnRA

Zimbabwe: Parliament to Summon Guvamatanga Over U.S.$6 Million Global Fund ContributionGovernment is yet to disburse its contribution to the Global Fund that was supposed to unlock nearly half a billion dollars from the international health funder to support HIV/AIDS initiatives in the country. Despite having undertaken to make the contribution by August 30th, Parliament heard Monday that Treasury is yet to do so. A joint sitting of the committees on health from the National Assembly and Senate heard from the Zimbabwe Aids Network and Zimbabwe National Network of People Living

Read in AllAfrica: 
https://apple.news/AEP9zg2ojMgC01mLCdGfz2Q


Zimbabwe: Petrotrade Seeks to Spread Its Footprint
PetroTrade, a government-owned fuel and logistics company, is seeking ways to grow its market share beyond 10% with plans to extend operations to rural areas. Godfrey Ncube, the company's acting CEO, told Standardbusiness Petrotrade's market share was too low and there were plans to aggressively grow its footprint. "The future plan is to grow the company. We want to be the company that supplies fuel to different parts of the country," he said. "Our aim is that probably in the next three or so

Read in AllAfrica: 
https://apple.news/AIeR28ykBM8uT-GDZAsqhhQ


Mugabe polarizes Zimbabwe in death as well as in life
Zimbabwe's founder Robert Mugabe is proving as polarizing in death as he was in life, with a fight over where he will be buried threatening to embarrass his successor and deepen divisions in the ruling ZANU-PF party.

Read in Reuters: 
https://apple.news/A6w69tQ5xTkiBbGyW8tyt5A

Namibia: Fisheries Workers Against Marine Phosphate Mining
OVER 1 000 people, mostly workers in the fishing industry at Walvis Bay, participated in a mass protest against marine phosphate mining, urging the government not to grant prospective miners an environmental clearance certificate. The workers were mostly represented by the National Union of Namibian Workers (NUNW) and the Trade Union Congress of Namibia (Tucna). The protesters marched from the fishing factories in the harbour town to the Walvis Bay office of the Ministry of Environment and

Read in AllAfrica: 
https://apple.news/Aru6dPAD3MGGFb0yZBEa0zQ


Going Green Is A Must for Africa's Economic Prosperity
Going Green Is A Must for Africa's Economic Prosperity How can Africa realize economic prosperity without contributing further to climate change? The solution lies in a kind of Green New Deal - a comprehensive strategy for achieving sustainable growth, including through coordinated, large-scale investment Africa:Going Green Is Not a Luxury for Africa Ghana:Young Africans Create Green Businesses Africa:Damage to Land Feeds Migration and Conflict - UN Official Africa:Global Leaders Call for Urgent

Read in AllAfrica: 
https://apple.news/Ab4vmCfVQMoys4xkei69siA


Uganda: Tax Disputes Throw Oil Production Plan in Turmoil
(Photo: Pixabay) The ongoing deadlock between government and oil companies over payment of capital gains tax and tax waivers has yet again thrust the oil industry in turmoil, scurrying the country's hopes of joining oil producing countries from 2023 to the earliest, in 2025, but could even take longer, according to projections. Initially, the prospect of commercial oil production starting by end of 2023 was hinged on probability that government and oil companies would conclude the Anglo-Irish

Read in AllAfrica: 
https://apple.news/A9H8swXmXMD-87ASjIbElRQ


East Africa: Ebola Preparations Falter in War‑Weary South Sudan
(Photo: Ryeng/UNICEF) Yambio/South Sudan After vomiting blood and exhibiting fever - two of the virus's telltale symptoms - the teenager had come to the Ebola isolation ward here in Yambio, a South Sudanese town near the border with the Democratic Republic of Congo. But it wasn't until he noticed Ebola posters hanging on the walls and medical staff in unusual scrubs that the shy boy - whose name has been withheld to protect his identity - realised why he had actually been confined. Nobody had

Read in AllAfrica: 
https://apple.news/AY1DU5eGYMimBo_xSoXgQ1Q


South Africa: Most South Africans Will Face a Bleak Reality When Their Working Lives Come to an End
The inaugural Retirement Reality Report in 2018 made it clear South Africa was sitting on a ticking time bomb. This year's research reveals the situation is actually much worse, with even fewer people properly preparing for retirement than previously thought, and those who say they do have some sort of a plan know dangerously little about it. A key issue that crops up often in retirement research is mounting financial pressure, which is preventing people from saving enough or at all for their

Read in AllAfrica: 
https://apple.news/A3Nib7r7TNnSqdGPyvY7C3A

ASIA


U.S.-China trade tensions lead emerging-market investors to flock to Vietnam
Emerging market investors are buying up Vietnamese shares as the economy benefits from a reorganization of global supply chains

Read in MarketWatch: https://apple.news/A0zfFOKMdRUyBxAVMtqO0QQ


Asia could be the driving force of the world economy, says Oxford professor
The "robust" growth of emerging markets has been the linchpin holding up the global economy at a time when advanced countries are threatening to unravel it, according to Oxford professor Ian Goldin.

Read in CNBC: https://apple.news/AsAa4SymRQbCLOnGaX5SwtQ


Hong Kong credit rating at risk of further downgrade if protests continue, Fitch warns
Prolonged anti-government protests in Hong Kong will only cause greater damage to the city’s reputation, said Andrew Fennell, the head of sovereign ratings at Fitch Ratings, on Tuesday, pointing to the possibility of a further downgrade in the city’s…

Read in South China Morning Post: https://apple.news/AutfIuMmdSce75LCtWAIQWA


Hong Kong unveils plans to repair damage inflicted by protests on its image as a financial hub
Hong Kong officials and regulators on Tuesday unveiled plans to promote the financial sector in an attempt to reboot confidence in the city as a fundraising centre and a springboard into the Greater Bay Area. The city’s reputation as a global business and…

Read in South China Morning Post: https://apple.news/Azz3_A64mTGSMg2JQrTZ6Hw


China’s inflation remains unchanged in August despite surging food prices
Mubasher: China's consumer price inflation remained unchanged during August, despite a surge in pork prices, official data showed on Tuesday.

Read in Mubasher: https://apple.news/AsggQy3UNNoOfgn2qNxzyUw



EUROPE


Just 5% of Europeans trust Donald Trump and majority want EU to be neutral between US and Russia
Just five per cent of Europeans trust Donald Trump, with a majority wanting the EU to stay neutral in conflicts between Russia and the US, a new continent-wide poll has found.

Read in The Independent: https://apple.news/AyhG4Ij0zQYOM4iX3PoCfBg


Why Brexit Still Matters for U.S. Investors
The picture in the U.K. is getting cloudier, and it could roil financial markets worldwide.

Read in The Motley Fool: https://apple.news/A-R7Pej_YR5KqHbhC665Tpg


EU afraid another country will follow UK after Brexit, Dutch lawmaker says
Geert Wilders, leader of the Netherlands' Party for Freedom, discusses the Brexit deadlock.

Read in CNBC: https://apple.news/A5AtqURysTYeUFyXjDyyWZQ


Johnson suspends UK Parliament after latest Brexit defeat
British lawmakers have delivered three defeats to the government's plans for leaving the European Union, before being sent home for a contentious five-week suspension of the legislature

Read in ABC News: https://apple.news/AF3YYhuNsSvuX4CPe4UqtPA


Boxed in by parliament, the puppet master of Brexit plots way out
Boxed in by parliament, British Prime Minister Boris Johnson's next move on the Brexit chessboard will most likely be played with the ruthless bravura that his senior adviser, Dominic Cummings, built his reputation on.



Why Europe remains unfazed by the U.K. political drama
The EU remains eager to strike a deal, but has resigned itself to the possibility of a hard Brexit.

Read in MarketWatch: https://apple.news/A5w2sXFEtRE-JPOU7WrWfQA
d
 
CBI, ISX, Kauaihn Chatter:
 
CBI Update:
 
 
The CBI for Thursday 9/12/19 did update on the indicative rates Sell Rate 1190
The currency auction is 245,184,314
There is one  news and announcements.
The Central Bank of Iraq interviews bank candidates for administrative positions

In accordance with the powers of the Central Bank of Iraq to approve the candidates.
September 12, 2019
 
In accordance with the powers of the Central Bank of Iraq to approve candidates for banks and non-bank financial institutions, to fill administrative positions, and to serve on their boards of directors, the relevant committees of this bank shall meet and test applicants for various positions.

Each committee interviews applicants nominated by banks and non-bank financial institutions to ascertain their abilities, expertise and suitability to work in the banking environment.
The Bank's decisions to accept or reject applications are binding on applicants.

Central Bank of Iraq
information Office
2019 /
ISX Update:
Shares Traded:
 
Value Traded:
 
ISX ended in Green
 
Kauaihn Chatter:dd
 
http://www.dinarguru.com/
 
 
9-12-2019   Newshound Guru Kathy   Article:  "Maliki denies allegations of smuggling Iraqi treasury money"  Quote: "The security authorities at Dubai airport seize a shipment of funds full of dollars stolen from the treasury of Iraq, estimated at hundreds of billions of dollars on a private Iraqi plane belonging to Nuri al-Maliki, which was intended to be smuggled to a European country "This money is equivalent to the budget of 10 Arab countries for five years."  Equal to 10 Arab countries budgets for five years! Holy Cow!
9-11-2019  Newshound Guru Frank26  ...there was an incident...Billions, I mean BILLIONS of [US] dollars were stolen...the United Arab Emirates says that the security authorities at Dubai International Airport reported intercepted a shipment containing a massive quantity of American dollar bank notes.  The officials searched a private plane belonging to...wait for it... former Prime Minister Nouri al-Maliki...
 
 
9-11-2019   Newshound/Intel Guru Mnt Goat   Article:  "CENTRAL BANK OF IRAQ HAS BEGUN STEPS TO JOIN THE OFFICIAL FORUM OF MONETARY AND FINANCIAL INSTITUTIONS (OMFIF)"   Quote:  "...(OMFIF), an independent global think tank for central banks, pension funds and financial institutions with investment assets worth $36.2 trillion."   Article:  "SUITABLE CONDITIONS FOR THE WORK OF INTERNATIONAL COMPANIES AND ENCOURAGE FOREIGN INVESTMENTS"  What? And you think they are postponing the project to delete the zeros again? Give me a break!

9-11-2019   Newshound Guru  Breitling   Why are [brokers] willing to pay a lot more than they used to to buy your dinar back?  They're selling it to these guys [large currency investors] that's why.  It's that simple...It's hard getting money out of Iraq.  It's not easy.  It would come from Iraq to Jordan to the United States.  And from the banking industry in the United States it went from the [CBI] auction floor to Bank of America to Chase Bank.  And that's where I bought my currency - Chase Bank.  So that's a couple routes on how that currency gets here. But it's dried up.  That system doesn't work anymore.  So there isn't as much dinar in the market...

9-11-2019   Intel Guru MarkZ   I am still hearing very good things today. Reno has gone very quiet...People are being put under NDA’s We are told.  Today is still looking very positive... Will it be a numbers day I am staying home today watching everything closely...Just be prepared in case…

9-11-2019   Newshound/Intel Guru Mnt Goat   ...So we know the Finance Committee has made the effort to tell us in the past weeks, with a barrage of articles that they were considering going ahead (and will probably go head) with the project. I also know that they are now re-educating of the citizens via billboards and televised broadcast on the how the project to delete the zeros will work...Iraq CAN NOT go much longer without the reinstatement and the launching of the smaller category notes. Today we have three (3) other articles telling us they are connecting with international organizations for the purpose of doing business with the international world... [post 2 of 2]

9-11-2019  Newshound/Intel Guru Mnt Goat   Article:  "A STUDY TO DELETE ZEROS FROM THE NATIONAL CURRENCY"  IS THE PROJECT TO DELETE THE ZEROS POSTPONED AGAIN?   This article led us to believe that in fact it has been postponed again. Is this true? ...This article ...is NOT telling us they are postponing again the project to delete the zeros. What gets lost in the translation from Arabic to English is they are telling us in the past this is what happened and why it was postponed...  [post 1 of 2....stay tuned]

9-11-2019   Newshound Guru Jeff  ...clear back in July....I said IMO our next window for the possibility of the rate changing would be over the weekend of September 21st/22nd.  As you see all the factual information is walking you up to that point..most of the other gurus are just now catching up with us...we're looking amazing...In my opinion I think we have about another week and a half left in this...
 
9-11-2019 Newshound Guru future [ It is quite simple really! Either Iraq will add value to their currency or they will not ! And to what degree it will be . Every currency has potential to fluctuate up or down ...] well from news articles they have said they will reinstate or bring their dinar back to the glory days...when? is the biggest ?.
 
 
 
Elmer:
 
Not in today
 
Artmeister:
 
Not in today
 
Catnip:
 

***************
ARTICLE 1-A (from PM Mahdi's website; posted only on Arabic side, not on English side)

Prime Minister Adel Abdul-Mahdi receives a phone call from Iranian Vice President Ishaq Jehangiri

Prime Minister Adel Abdul-Mahdi received a phone call from Iranian Vice President Yitzhak Jehangiri, during which he expressed condolences to the Islamic Republic and the Iranian people over the stampede during Ashura ceremony and condolences to the families of the victims. .

The Prime Minister thanked the Iranian Vice President for his contact and his feelings towards this tragedy and praised the Islamic Republic of Iran's supportive stance on Iraq.

Information Office of the Prime Minister
11-Sep-2019

***************
ARTICLE 1-B (from PM Mahdi's website; posted on both the Arabic and English sides)
Prime Minister Adel Abdul Mahdi: Iraq is keen to develop relations with neighboring Turkey in all fields

Prime Minister Adel Abdul Mahdi said Iraq is keen to develop relations with neighboring Turkey in all fields to serve the interests and stability of the two peoples.

This came during a meeting with the Turkish Ambassador in Baghdad, Mr. Fatih Yildiz, where they discussed cooperation in the files of economy, water and reconstruction.

During the meeting, they discussed the visit of Turkish President Recep Tayyip Erdogan to Iraq.

Information Office of the Prime Minister
11-Sep - 2019

***************
ARTICLE 1-C (from PM Mahdi's website; posted on both the Arabic and the English sides)

Prime Minister Adel Abdul Mahdi receives the Special Representative of the Secretary-General of the United Nations in Iraq

Prime Minister Adel Abdul-Mahdi received today the Special Representative of the Secretary-General for Iraq, Janine Hennes Blachartz. They discussed cooperation between Iraq and the United Nations and the positive developments witnessed by Iraq in the security and economic fields, government plans to develop the economic and development sector, and promote stability and humanitarian fields and issues of displaced people, in addition to the role of Iraq, which is being strengthened in its Arab and regional environment. UNAMI) confirmed the positive developments and the form and support of the Government 's orientations in promoting security, stability and the rule of law.

Information Office of the Prime Minister
11-Sep - 2019

*************
ARTICLE 2 (from Government of Iraq twitter account)

At the time this report was submitted, there are no new tweets posted on the Government of Iraq twitter account.

*************
ARTICLE 3

Regional government delegation visits Baghdad next week to negotiate 2020 budget
2019/9/11 16:56
Arbil-In
The Kurdistan Regional Council of Ministers announced wednesday the date for the visit of the Erbil delegation to Baghdad on the budget.
"The Kurdistan Regional Council of Ministers held on Wednesday its regular session chaired by Prime Minister Sa'id Barzani, and at the beginning of the session, Barzani reviewed the results of the joint meeting between the Kurdistan Regional Government (KRG) and the Kurdish blocs held on 8 Th. This month in Erbil."
"A delegation from the Kurdistan Regional Government will visit Baghdad next week to discuss and exchange information on the financial budget file and involve the region in the preparation of the draft project by the Federal Ministry of Finance, with an invitation to the finance and oil committees," the statement said. And gas, and the parliamentary legal ity to visit the territory."
"It was agreed that a delegation from the Kurdistan Regional Government (KRG) would hold a meeting with the regional parliament on Thursday [September 12] to discuss the latest developments in relations between the federal government and the regional government," he said.
On the other side of the meeting, "The Minister of Planning of the Kurdistan Region presented a report on the project of the census to be held in Iraq in 2020, highlighting the aspects of the project and the region's preparations in this area, and in light of this, the Council of Ministers decided to form a special committee to evaluate the census project. "The population is important for taking the kurdistan region's observations on the religious and national components of the region, and the Kurdish areas outside its administration [disputed areas]."

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ARTICLE 4

Controversy in Iraq over the implications of the emergence of "Sadr" with Khamenei and Soleimani

12/09/2019 74
Kalkamsh Press / Baghdad
The sudden emergence of Sadr's leader in Iraq, Moqtada al-Sadr, mediating Iranian supreme leader Ali Khamenei and the Quds Force commander in the Revolutionary Guards, Qasem Soleimani, has sparked controversy in Iraq, given Sadr's tepid relationship with Iran and his criticism of its interventions and some pro-armed factions. They are called "brazen militias."
The Iranian news agency «Fars» published, the day before yesterday, a picture of Muqtada al-Sadr at the ceremony to commemorate «Ashura» in Iran sitting between Khamenei and Soleimani. And distributed sites close to «the Sadrist movement», pictures of Sadr distributing food rations in the Iranian city of Qom, noting that «the visit of a personal nature and not political».
Views within and outside the Sadrists on Sadr's sudden appearance with Khamenei and Soleimani ranged from a supporter he saw as "acting in the manner of a leader who offers Iraq's interests over others" to a critic who believes Sadr has "joined Iranian influence as other politicians and faction leaders have done." Iraqi Armed Forces.
Sadr had no comment on the uproar caused by his appearance. But the leader in his current ruler Zamili said that Sadr «attended Hosseini's condolence in Tehran, and this presence coincided with the presence of Khamenei and Soleimani, and this makes it very natural». He added in a press statement that al-Sadr «enjoys a good relationship with everyone from neighboring countries, and that everyone has respect for his national stances honorable towards Iraq, and the crises experienced by the region».
Commenting on the emergence of Sadr, MP al-Masoudi said: "The relationship between Iraq and its surroundings since the fall of Saddam Hussein's regime until today is based on good neighborliness and respect for sovereignty. 3 principles: respect for good neighborliness, preservation of sovereignty, and his desire to consolidate relations between peoples, which is based on the principle of the language of the strong and the language of believers in the Iraqi project and achieve the interests of the people ».
However, former Sadrist activist Ghaith al-Tamimi, known for his public criticism of Iran, regretted Sadr's recent appearance. "Although you are not as comfortable as it appears in the revolution, you have underestimated your value and destiny among the Iraqis," he said.
"Iraq remains larger than you aspire, Janab General, even if this council is sitting down," Suleimani replied in a photo tweet. Iraq stubborn sticks diverse. You have to accept the truth and build bridges of brotherhood with the Iraqi state and do not fool you the illusions of political ideologies that were dropped by you ».
The head of the «Center for Political Thinking» Dr. Ihsan al-Shammari that «the emergence of Sadr was a surprise to his followers and to the elites and political trends that know that it intersects with the political orientations of Iran in Iraq». He told «Middle East» that «the emergence of Sadr sends several messages; including his quest to move towards a policy of balance, especially since he has been accused of being close to the Arab and Gulf ocean».
"As Sadr is the supporter and sponsor of Adel Abdul Mahdi's government," Shamari said, "he may seek to talk to the Iranians about the future of the government. We know he hinted that it will not continue if it does not accomplish what is required of it, so Sadr may be preparing for an upcoming scenario." He ruled out «know the results of the emergence of Sadr in Tehran in the near term, and perhaps we will discover in the medium term whether he is still at his previous position on Iran, or he moved to the box of supporters».
A member of the Badr Organization, Karim al-Nouri, accused critics of Sadr's appearance with Khamenei that they were "reducing politics with prejudices and attitudes." He told Asharq Al-Awsat that «the last visit is calculated for Sadr and the Iranians, because it came in the context of a severe international escalation between Iran and the United States, and Sadr's assurances to keep Iraq away from the policy of axes and not to involve him in the current conflict». He said that Iran «deals intelligently and subtle in bringing and absorbing Iraqi political leaders without intentions, and is aware of the popular weight enjoyed by Sadr». It is believed that «there is a milestone in the performance of the chest; is that it strengthens inside to impose its presence on the outside, while others strengthen it abroad to prove his presence inside».
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ARTICLE 5

Iraqi army withdraws from cities for first time after 2003
2019/9/11 22:59
Baghdad-In
The Ministry of Defense announced the withdrawal of Iraqi army forces from camps inside and outside cities in some provinces in implementation of the plan to hand over the security file to the Ministry of Interior.
"We have already begun to hand over the internal file of some provinces, and we have withdrawn the army to special camps, there is a decision in this context, and the security file must be handed over to the Ministry of Interior because the army's place is not inside the cities, but in the camps," said Maj. Gen. Tahsin al-Khafaji, director of information at the Ministry of Defense. "Outside of it, however, due to the need of the Ministry of Interior for support and support, we have played this role, and we are ready to hand over the file to the Ministry of Interior as soon as it is ready."
"The ministry is ready to hand over the security file to the local police in each province whenever the interior ministry is ready," he said, adding that "the army's place is not inside the cities, but in camps outside."
"Handing over the security file to the local police in each province is a priority for the commander-in-chief, as well as the minister of defence, who has stressed since he took office the need to hand over the security files to the Interior Ministry," al-Khafaji said.
Earlier this month, the Interior Ministry discussed the issue of handing over the security file in the provinces and Baghdad to the interior ministry for the army to take over the responsibilities and tasks assigned to it.

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