Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | 1192.0000 | 1191.0000 | 1192.0000 | 00:00 | |||
| USD/VND | 23178.1900 | 23178.1900 | 23178.1900 | 01:30 | |||
| USD/CNY | 7.1475 | 7.1270 | 7.1450 | 05:15 | |||
| USD/KWD | 0.3032 | 0.3028 | 0.3030 | 05:15 | |||
| GBP/USD | 1.2342 | 1.2210 | 1.2251 | 05:19 | |||
| USD/IRR | 42097.5000 | 42097.5000 | 42097.5000 | 00:00 | |||
| USD/IDR | 14167.0000 | 14102.0000 | 14137.0000 | 05:17 |
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DC NY Iraq Articles:dd
Legislative law of the "Covenant News": the laws of the new and new priorities of our work the next legislative chapter
05/09/2019 01:14 AM | Number of readings
A member of the House of Representatives' legal committee, Saeb Khadran, said Thursday that the committee will meet in the next few days to draw up a roadmap for its work in the coming legislative term.
Khadran said in a statement to "Al-Ahd News" that the Committee is determined to read and vote on the important laws during the next legislative term through a number of new laws and the stage of the previous session.
He added that a meeting will be held soon to discuss the subject of these laws and put the important ones on the priorities of the work of the Commission, expecting that a great work waiting for the Legal Committee during the next legislative term
Finance Committee of the "Covenant News": announced deficit in the 2020 budget is exaggerated
05/09/2019 12:56 AM | Number Of Hits: 643
Ahd News - Baghdad
The Finance Committee in the House of Representatives, on Thursday, that talk of a deficit in the budget of 2020 is 72 trillion dinars is very exaggerated.
Committee member Mahasen Hamdoon told Al-Ahd News that this deficit is still not fixed until now and did not inform the committee of any details of the budget next year.
She pointed out that the discussions are limited to the Ministry of Finance and a number of members of the parliamentary committee, without giving further details. is over/ 6
Kauaihn Iraq Articles:dd
Kuwait dismisses Iraq border protest
KUWAIT CITY, , (Agencies): Kuwait Tuesday dismissed Iraqi objections that a platform installed within Kuwait's territorial waters would affect demarcation of maritime borders beyond maritime border sign No.
162, affirming the country was exercising full sovereignty.
A Kuwaiti Foreign Ministry source was reacting a reported Iraqi memorandum submitted to the UN Security Council (UNSC) to protest Kuwait's installation of a platform over Fisht Al-Eij, a piece of land located within Kuwait's territorial water, claiming it would undermine demarcation of maritime borders beyond sign No. 162. The source, in a statement to KUNA, said Kuwait received the Iraqi memo and responded to it immediately.
The source said Kuwait's territorial waters were specified by a decree issued on Dec 17, 1967, and updated on Oct 19, 2014. The decree was in compliance with UN treaty on law of seas of 1982. He said Fisht Al-Eid was a natural piece of land over the sea level and was located within Kuwait's territorial waters.
“Therefore, the installation of the platform is a sovereign right for the State of Kuwait within its territories and territorial waters,” affirmed the source. The platform installed in Khor (inlet) Abdullah for security purposes, said the source, and Iraq has been informed about it.
An official letter informing the Baghdad government was sent to the Iraqi embassy in Kuwait on Feb 8, 2017. Kuwait answered memos sent by Iraq on Sept 5, 2017 and Sept 12, 2018, in which Baghdad urged Kuwait to delay the installation of the platform until after installation of maritime border signs beyond sign No. 162.
The source said the Kuwaiti position was included in two memos sent from Kuwait Embassy in Baghdad to the Iraqi foreign ministry on July 26, 2017 and on Sept 26, 2018, affirming Kuwait was exercising its sovereignty.
The foreign ministry source said State of Kuwait has been requesting Iraq since to start maritime border demarcation negotiations ever since 2005. “The State of Kuwait called on the brothers in Iraq to end this issue through international maritime arbitation in line with the UN treat on law of sea of 1982, ”he said.
Kuwait, he said, would continue coordination with Iraq to address all outstanding issues “in order to prevent distortion of relations.” The Undersecretary of the Iraqi Ministry of Foreign Affairs, Ambassador Hazem Al- Yousifihas denied there is any issue between Kuwait and Iraq concerning the maritime border. He said this should not be a hindrance or a problem in relations and instead lavished praise on these relations stressing they are at their best given the significant development in all fields.
In an interview with the Annahar daily during his visit to the country to hand over an archive of 42,000 books found recently (and believed to have been stolen during the invasion of Kuwait), he said that there is the will between the two countries to overcome the mistakes of the past, and everything that happened during Saddam Hussein's invasion of Kuwait, pointing out that the invasion was an exceptional event in the history of the two brothers.
The Iraqi official praised the Kuwaiti support for his country and the visit of His Highness the Amir Sheikh Sabah Al-Ahmad to Baghdad, which gave a strong impetus to the development of relations.
Iraq Denies Reports of Forced Return of IDPs
BasNews 05/09/2019 - 00:32 Published in Iraq
Iraqi Ministry of Displacement and Migration has denied the reports of forced return of IDPs in the country, a statement most probably given as a response to a UN report in this regard.
Earlier on Tuesday, the United Nations said that it is concerned over the forced return of hundreds of IDP families from camps in Nineveh province to their places of origin "with little notice or apparent planning".
"Humanitarian Coordinator of the United Nations in Iraq Marta Ruedas expressed her concerns regarding the means and methods of transfers of internally displaced persons (IDPs) living in camps in Ninewa [Nineveh] Governorate over the past ten days," reads a statement by the UN.
It explained that around 300 families have so far been returned from the camps of Hamam Al Alil, Salamiyah, and Nimrud in Nineveh to the provinces of Anbar, Kirkuk, and Salahaddin.
"I am concerned about the lack of organization and advanced communication with the affected communities and humanitarian partners," said Ruedas. "While acknowledging the Government of Iraq’s expressed desire for IDPs to return home at the earliest opportunity, all such returns should take place within agreed-upon frameworks and with due consideration for humanitarian principles."
However, Nowfal Musa, the Iraqi Minister of Displacement and Migration, said in a statement on Wednesday that they have spared no efforts to provide a suitable situation to help civilians return to their areas of origin, rejecting any reports of forced return of the IDPs.
He said that they would continue to help the civilians to return to their hometowns whenever they want to, without any pressure from the government.
Iran Threatens to Further Diminish Commitment to Nuclear Deal
BasNews 05/09/2019 - 00:01 Published in Middle East
ERBIL Iran has threatened to further diminish Tehran's commitment to its 2015 nuclear deal, setting a new deadline for Europe to reset the terms of the accord.
The comments were made by President Hassan Rouhani on Wednesday, in which, he noted that the moves would have an "extraordinary" impact and will accelerate Iran's nuclear energy program.
Tehran had already made it clear that it would reduce its commitment to the deal every 60 days unless Europe renegotiates the agreement and compensates Iran for its loss in oil revenue due to the US sanctions.
"The third step . . . is of an extremely important nature and will considerably accelerate the activities of the country’s nuclear energy organization," Rouhani said at a cabinet session, without giving details on what steps would the country make in this regard, as quoted by the Mehr News Agency.
"This step is the most important one we will take, and its impact will be extraordinary."
He gave Europe a two-month ultimatum for resetting the deal, according to the report.
"Europe has another two-month deadline for negotiations, an agreement, and return to its commitments."
Parliamentary finance expects the budget of 2020 and the proportion of deficits
Release date:: 9/5/2019 11:15 • 177 times read
BAGHDAD: The parliamentary Finance Committee, the reality of the expectations of a huge deficit in the federal budget for 2020.
"It is expected that the budget will exceed 130 trillion dinars," committee member Shirwan Mirza said in a press statement, adding that this is normal.
He expressed his belief that "this figure in the deficit is incorrect, because this means that Iraq's oil and non-oil imports only 60 trillion and this is inaccurate."
He pointed out that "it is not possible to predict the proportion and size of the budget deficit because it depends on several factors, most notably oil prices."
He expressed his belief that "this figure in the deficit is incorrect, because this means that Iraq's oil and non-oil imports only 60 trillion and this is inaccurate."
He pointed out that "it is not possible to predict the proportion and size of the budget deficit because it depends on several factors, most notably oil prices."
Parliamentary Legislation: The interrogations of ministers will begin after the end of one year
11:50 - 05/09/2019
Information / Baghdad ..
The Legal Committee, Thursday, that the start of the questioning of ministers will take place after the end of a year of the life of the government, which was granted by most of the political blocs of the government, noting that the speaker of the parliament is not obliged to scrutinize or examine any questioning except to refer the file to legal counsel.
A member of the Committee MP Hussein al-Oqabi in a statement to / information /, "The process of starting the interrogations of some government ministers will not be only after the end of a year on the life of the city and for the opportunity granted to the government by most political blocs."
He added that "the Speaker of the House of Representatives does not have the right to prevent or postpone any questioning after completing his legal requirement," noting that "the Speaker of the Parliament is not obliged to scrutinize or examine any questioning, except to refer the file to the legal counsel or the legal committee to ensure the validity of legal procedures only."
It is noteworthy that the Speaker of the House of Representatives Mohammed Halbousi said during a press statement on Wednesday that the legislative chapter will witness a number of interrogation of ministers and that he received a number of them without naming any government minister. Ends / 25 m
The Legal Committee, Thursday, that the start of the questioning of ministers will take place after the end of a year of the life of the government, which was granted by most of the political blocs of the government, noting that the speaker of the parliament is not obliged to scrutinize or examine any questioning except to refer the file to legal counsel.
A member of the Committee MP Hussein al-Oqabi in a statement to / information /, "The process of starting the interrogations of some government ministers will not be only after the end of a year on the life of the city and for the opportunity granted to the government by most political blocs."
He added that "the Speaker of the House of Representatives does not have the right to prevent or postpone any questioning after completing his legal requirement," noting that "the Speaker of the Parliament is not obliged to scrutinize or examine any questioning, except to refer the file to the legal counsel or the legal committee to ensure the validity of legal procedures only."
It is noteworthy that the Speaker of the House of Representatives Mohammed Halbousi said during a press statement on Wednesday that the legislative chapter will witness a number of interrogation of ministers and that he received a number of them without naming any government minister. Ends / 25 m
Sayadi calls for the exemption of the President of the Republic Barham Saleh from his post because of "violation of the Constitution"
05/09/2019
Independent)… Member of the Parliamentary Integrity Committee Kazem al-Sayadi, on Thursday, to dismiss the President of the Republic Barham Saleh from office because of "violation of the Constitution."
The fisherman said in a brief statement received (independent) copy: "I demand the exemption of the President of the Republic for violating the Constitution in Article (61) VI in paragraphs perjury and violation of the Constitution as well as violating the Constitution in articles 14/16/23," calling on the prosecution to “Taking his role in holding offenders accountable.”
The fisherman accused, on Thursday (29 August 2019), the President of the Republic Barham Saleh of "overtaking" the law, pointing to the leveling of land in an orchard near Saleh's house in the Jadriyah area "in cooperation with some elements of the presidential regiment", in what he considered that this is not the first land That are bulldozed "under the eyes of the presidential regiment.
Parliamentarian on the crisis with Kuwait: its unilateral solution affects relations between the two countries
Political 12:06 - 05/09/2019
Baghdad - Mawazine News
KUWAIT CITY (Reuters) - Parliament member Hisham al-Suhail stressed on Thursday that the crisis with Kuwait should be resolved bilaterally rather than unilateral action that could affect relations between the two countries.
Al-Suhail said in a press statement in a statement received (Mawazine News) a copy, that "the adoption of diplomatic methods to resolve crises and problems, whether with Kuwait or other clear evidence of the ability of the Iraqi policy of the statement of rights without negative impact on this policy."
Al-Suhail added that "the State of Kuwait should respect Iraq and not exceed its borders," stressing the need to "resolve any disagreement or bilateral forms instead of taking unilateral action that may affect relations between the two brotherly countries."
Al-Suhail said in a press statement in a statement received (Mawazine News) a copy, that "the adoption of diplomatic methods to resolve crises and problems, whether with Kuwait or other clear evidence of the ability of the Iraqi policy of the statement of rights without negative impact on this policy."
Al-Suhail added that "the State of Kuwait should respect Iraq and not exceed its borders," stressing the need to "resolve any disagreement or bilateral forms instead of taking unilateral action that may affect relations between the two brotherly countries."
Parliament calls on Indian companies to establish partnership with private sector in Iraq
Economy 11:06 - 05/09/2019
Baghdad - Mawazine News
The first called for Speaker of the House of Representatives Hassan al-Kaabi, on Thursday, Indian companies to expand their investment activities and establish an effective partnership with the private sector in Iraq.
"During his meeting with the Indian delegation participating in the meeting of the Planning and Budget Committee of the Asian Society in Baghdad, the latter called on the sober Indian companies to expand their investment activities and establish an effective partnership with the private sector in Iraq," he said in a statement. In particular, "in the rehabilitation of factories, hospitals, service aspects," while stressing that the Indian companies have a long history in the field of investment have achieved great successes in infrastructure projects within the country.
Al-Kaabi called on the delegations present to convey the real and positive images of the Iraqi reality from the cohesion of the people of one country and the stability of the security situation to their countries to raise the existing uncertainty that depicted the situation negatively depending on the external media.
The statement pointed out that "the meeting discussed ways to develop the agreements signed in the field of importing crude oil from Iraq and activating the work of parliamentary friendship committees and cooperation in the areas of health, industrial, cultural and agricultural, as well as higher education and the fight against terrorism between the two countries." Finished 29 / r
The first called for Speaker of the House of Representatives Hassan al-Kaabi, on Thursday, Indian companies to expand their investment activities and establish an effective partnership with the private sector in Iraq.
"During his meeting with the Indian delegation participating in the meeting of the Planning and Budget Committee of the Asian Society in Baghdad, the latter called on the sober Indian companies to expand their investment activities and establish an effective partnership with the private sector in Iraq," he said in a statement. In particular, "in the rehabilitation of factories, hospitals, service aspects," while stressing that the Indian companies have a long history in the field of investment have achieved great successes in infrastructure projects within the country.
Al-Kaabi called on the delegations present to convey the real and positive images of the Iraqi reality from the cohesion of the people of one country and the stability of the security situation to their countries to raise the existing uncertainty that depicted the situation negatively depending on the external media.
The statement pointed out that "the meeting discussed ways to develop the agreements signed in the field of importing crude oil from Iraq and activating the work of parliamentary friendship committees and cooperation in the areas of health, industrial, cultural and agricultural, as well as higher education and the fight against terrorism between the two countries." Finished 29 / r
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GLOBAL/NEWS/INFO
10 Things to Know for Today
Among 10 Things to Know: Hurricane death toll rises in Bahamas; Dorian, back to a Category 3 hurricane, creeps up US coast; Brexit plans in crisis, Boris Johnson pushes for new elections
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OIL/COMMODITIES/ENERGY
Gold Prices Fall On Hong Kong Developments, U.S.-China Trade Talk Resumption
Commodities Sep 05, 2019 04:23 GMT Investing.com - Gold prices fell on Thursday in Asia as global stocks recovered on positive Hong Kong’s political development and reports that the U.S. and China would resume trade talks in October. Gold Futures for December delivery were down 0.4% at $1,553.55 per ounce on the Comex division of the New York Mercantile Exchange by 12:25 AM ET (04:25 GMT). The fall in the safe-haven metal came after the withdrawal of a controversial extradition bill in Hong Kong
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Why The Gold Rally May Be Different This Time
The return you will get on a bond you buy today and hold until it matures will be less than zero. Not maybe. Not probably. Definitely. The bond market, which is vastly larger than the stock market, is full of different types of investors.
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PRECIOUS-Gold eases but holds near 6-year highs on trade, economic concerns
* SPDR Gold Trust holdings at highest since November 2016
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Gold's surge to 6 1/2-year high fuels broad rally in gold miner stocks
Shares of gold miners were broadly higher in afternoon trading Tuesday, as worries about escalating U.S.-China trade tensions, data showing a surprise contraction in the U.S. manufacturing sector and uncertainty surrounding Brexit has helped fuel demand for safe-haven gold. The VanEck Vectors Gold Miners ETF rallied 2.2% with 39 of 44 components gaining ground. Among the more active U.S.-listed shares, Hecla Mining Co. hiked up 5.3%, Coeur Mining Inc. climbed 2.7%, Newmont Goldcorp Corp.
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Gold pulls back from 6-year high as risky assets rally, but silver shines to fresh 3-year peak
Gold futures retreat on Wednesday after global equity markets rebounded amid signs that tension in Hong Kong — a source of global anxieties —were momentarily easing.
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Oil pops higher on forecast for shrinking U.S. inventories
Oil futures rebound Wednesday morning, along with a global rally in assets perceived as risky, as investors focused on a geopolitical optimism and a forecast for shrinking U.S. supplies ahead of more closely followed weekly inventory reports.
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Oil Processing Spreads And Valero
Crack spreads are real-time indicators of refinery profits.VLO has been under pressure.The entire sector has suffered.Consistently beating on earnings.Call options on VLO on further declines.
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Oil Prices Fall as Rising U.S. Crude Stockpiles Outweigh Positive Trade News
Commodities Sep 05, 2019 05:08 GMT Investing.com - Oil prices fell on Thursday in Asia as rising U.S. crude inventories outweighed positive Sino-U.S. trade development. U.S. Crude Oil WTI Futures fell 0.3% to $56.12 by 1:05 AM ET (05:05 GMT). International Brent Oil Futures were down 0.1% to $60.62. The fall in oil prices came as the American Petroleum Institute (API) showed U.S. crude stocks rose by 401,000 barrels in the week ended Aug 30 to 429.1 million, compared with analysts' expectations
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Doctor Copper hints of a potential recession amid sluggish economic growth
Less than 12 months after majors BHP (ASX: BHP) and Rio Tinto (ASX: RIO) were touting copper was the commodity of choice, the fickle nature of commodity markets have turned that on its head with copper’s price plunging in recent months prompting Doctor Copper to foresee an imminent economic slowdown – possibly, even recession. In...
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BANKS/BANKING/CREDIT
Gold as a reserve asset
Central banks held 34,000 tonnes1 of gold, as of Q1 2019 according to IMF data, making gold the third largest reserve asset in the world. Gold is generally considered to be a strategic asset that can be deployed for both short-term liquidity management and as a store of value over time. It is an asset that is well suited to meeting central banks’ strategic objectives of: safety, liquidity and return.
https://centralbankgold.org/Can Bank Of America's Revenues Breach The $100-Billion Mark By 2021?
Trefis details the key components of Bank of America’s Revenues in an interactive dashboard along with our forecast for the next 3 years. While Bank of America has reported a strong 4% growth in revenues over the last 3 years, we believe that the growth rate will slow down to 2% over coming years
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Deutsche Bank CEO warns of serious side effects to ECB rate cut
Deutsche Bank Chief Executive Officer Christian Sewing warned on Wednesday that a further reduction in interest rates by the European Central Bank would have a marginal effect on the economy and would risk serious side effects.
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UBS looking at ways to cooperate with other banks, CEO says
UBS Chief Executive Officer Sergio Ermotti said on Wednesday that the bank was looking at cooperating with other banks as a way to deal with the challenges of the industry.
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Bankers get no mercy in Denmark as plea for help is rejected
Bankers in Denmark aren't finding much love in the country's halls of power. On Monday, the central bank roundly rejected finance industry entreaties to ease the burden of the world's longest negative interest-rate experiment. At the same time, the Danish minister in charge of financial legislation said he thinks banks "clearly" face a challenge in proving they deserve people's trust after multiple scandals.
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Weekly mortgage refinances fall further, despite lower interest rates
Interest rates resumed their retreat last week, but that did not boost mortgage demand. Mortgage application volume decreased 3.1% for the week.
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Your credit score isn’t the only number that matters for financial health
Your credit score is a bellwether of your financial habits, but it's not the only one.
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Branchless bank Chime adds another million customers this summer
The online-only bank Chime has 5 million customer accounts, after passing the 4 million mark in June.
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See all our credit card reviews — from cash-back to travel rewards to business cards — in one place
Table of Contents Travel rewards credit cards First up are the cards that can get you the most value if you're willing to put in the work: travel rewards credit cards that earn Amex, Chase, and other bank points. You can transfer these points to various airline and hotel partners, as well as use them to book travel directly through your credit card issuer. The mega-popular Chase Sapphire Preferred Card, Chase Sapphire Reserve, American Express® Gold Card and others fall into this category. **
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TREASURIES/BONDS/STOCKS
Top 5 Things to Know in the Market on Thursday
Economy Sep 05, 2019 09:54 GMT Investing.com -- Markets are rallying on the prospects of a de-escalation to the U.S.'s trade conflict with China, the British pound is having another good day after parliament thwarted Prime Minister Boris Johnson's strategy of risking a disorderly Brexit on Oct. 31, and there's a shakeup coming at Goldman Sachs, according to The Wall Street Journal. Here are the top 5 things you need to know in financial markets on Thursday, 5th September. Wall Street lifted by
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3 Blunt Investing Truths You Need to Hear
Investing in the stock market isn't as cut-and-dried as it seems.
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Market Volatility Bulletin: Plenty Of 'Known Unknowns' This Week May Put Markets On Edge
Bad economic data and the return of trade-related uncertainty has US stocks back on the mat.A speech from Powell as well as economic data flow could make edgy markets even edgier.VX futures taking a day-by-day approach; VXX skew pretty steep on the front end.
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As Trade War Ramps Up, Falling Treasury Yields Support Stocks For Now
Tariffs on Chinese imports to the US are scheduled to ramp up to levels not seen since the 1930s.Plummeting interest rates have provided support to a falling stock market.2020 could be a very bad year for stocks if the trade war continues.
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Trade In Focus: Markets Looking For Evidence Of Resolution
While the degree to which trade disputes between the US and China has been quite variable over the last two years, presently this topic takes center stage.While China's socio-political structure is open for critique, it does carry its advantages in maintaining status quo.The US is China's largest customer, and our total leverage has flattened in the last decade, while China's has risen precipitously.
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August 2019 Market Commentary: Mid-Cycle Or Last Stop Before Recession?
Global stocks posted negative returns in August (MSCI All-Country World Index or ACWI down 2.37%).Broader Asia continues to bear the brunt from the breakdown in global trade as well as rising escalations between the Chinese government/Hong Kong Governing Authority and pro-democracy protesters.Precious metals (GSCI Precious Metals +7.0%) and fixed income (Barclays U.S. Aggregate +2.6%) benefited from investor fatigue over global trade conflicts and contraction in global manufacturing.The 10-year
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Wall Street Breakfast: Fading Political Risks Boost Markets
Listen 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). The Hang Seng index soared nearly 4% during Wednesday afternoon trade after leader Carrie Lam announced the withdrawal of a contentious extradition bill. The measure sparked a nearly three-month-long protest crisis that has roiled the city's economy, with last weekend seeing some of the fiercest battles between police and
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CRYPTO / DIGITAL CURRENCIES
Ethereum Classic Price Analysis: ETC Forming An Ugly Rising Wedge Pattern
ETC/USD explored lower levels towards $5.5 but managed to jumpstart a reversal. Ethereum Classic is staring into a reversal likely to see it refresh lows towards $5.5. Ethereum Classic managed to avert a possible slump towards $5.5 support last week. Besides, the conditions across the market were a prime further breakdown. The breakdown below the 100 Simple Moving Average (SMA) 4-hour chart and the 200 SMA 4-hour fueled declines below the vulnerable $6.0 support. ETC/USD explored lower levels
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Why the Marshall Islands Is Issuing Its Own Cryptocurrency
The Marshall Islands is moving ahead with a plan to issue a sovereign currency built on blockchain, writes Minister David Paul.
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Crypto Firms Serving Netherlands Must Register With Dutch Central Bank
The Dutch Central Bank is taking a tougher stance on the cryptocurrency industry, citing new European Union anti-money laundering laws.
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Wallet Giant Blockchain Raising $50 Million Crypto Fund: Report
Crypto wallet and data provider Blockchain is raising a VC fund to invest in industry startups and cryptocurrencies, according to a report.
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Bitcoin Short of Bull Target Despite Five Days of Price Gains
Bitcoin has charted its longest winning run in a month, but still requires a move to almost $11,000 to confirm a short-term bullish revival.
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Ripple Hires Legal Expert Behind Token Taxonomy Act
Blockchain payments tech provider Ripple has hired a former political adviser to assist its advocacy efforts with lawmakers in Washington, D.C.
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Crypto Sleuthing Firm Elliptic Raises $23 Million in Fundraise Led by SBI
Blockchain forensics firm Elliptic has raised $23 million in Series B round led by Tokyo-based financial institution (and XRP holder) SBI.
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CURRENCIES
FX: A Crucial Day For Brexit And Sterling
GBP: Risks tilted to the downside on key day in parliament.USD: Weaker ISM needed to stop the dollar run.EUR: An early test for the Italian coalition.CAD: The BoC may start to turn dovish.
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Brexit chaos splits currency strategists as sterling rallies
Sterling rallied on Wednesday morning after U.K. lawmakers voted to seize control of the parliamentary agenda from the government, moving closer to blocking a no-deal Brexit.
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Pound Jumps After Johnson’s Parliament Defeat Dims No-Deal Risk
The pound climbed and gilts slid as investors saw a lower risk of a no-deal Brexit following a defeat for the government in Parliament.
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Forex - Pound Regains Ground on Brexit Delay Hopes, Dollar Eases
Forex Sep 04, 2019 06:41 GMT Investing.com - The British pound moved higher on Wednesday, boosted by hopes for a Brexit delay, while the U.S. dollar eased as weak U.S. manufacturing data bolstered bets on more aggressive policy easing by the Federal Reserve. Sterling was up 0.3% at 1.2116 by 02:23 AM ET (06:24 GMT), amid optimism that a no-deal Brexit could be averted. The gains came after British lawmakers voted to take control of Wednesday’s parliamentary agenda in a bid to pass legislation to
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AUD Rebounds On Softer Growth | AUD/USD, GBP/AUD | Action Forex
Despite the multi-year low for annual GDP, it came in around expectations to help lift the Aussie from its lows. Q3 GDP 1.4% YoY 0.5% MoM Yesterday we noted that RBA removed any reference to GDP levels in their August statement, which appears to have been a shrewd move. Previously they had pencilled in growth […] The post AUD Rebounds On Softer Growth | AUD/USD, GBP/AUD appeared first on Action Forex.
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Australian dollar rebounds - Inside Retail
Aussie dollar rebounds against US counterpart overnight. The post Australian dollar rebounds appeared first on Inside Retail.
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Australian Dollar Rebounds on GDP and Services, Sterling also Recovers | Action Forex
Australian Dollar rebounds notably today as GDP data met market expectations while services data showed improvement. Though, upside is capped so far as RBA is still on track to another rate cut later in the year. Sterling is the second strongest after lawmakers cleared a hurdle to block no-deal Brexit. On the other hand, Yen […] The post Australian Dollar Rebounds on GDP and Services, Sterling also Recovers appeared first on Action Forex.
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Chile forex market intervention not yet justified -minister
Chile Finance Minister Felipe Larrain said on Tuesday that conditions on the South American nation's foreign exchange market did not yet justify intervention, even as the Chilean peso has continued to fall against a strengthening dollar.
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Lebanese premier vows to keep currency pegged to dollar
PM pledges to keep currency pegged to dollar, says Lebanon won't consider IMF program leaving it up to the market
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Think about this if you own Hong Kong dollars
On January 20, 1841, after delivering a series of military defeats to Imperial China in the First Opium War, British forces landed in Hong Kong and took control of the island. Hong Kong was hugely important for the British economy because it ensured access to the Chinese market. And they went to war multiple times...
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Forex - Yuan Inches Up as China, U.S. Set to Resume Trade Discussions In October
Forex Sep 05, 2019 04:07 GMT Investing.com - The Chinese yuan inched up on Thursday in Asia after China confirmed that it will resume trade talks with the U.S. in October. The USD/CNY pair dropped 0.1% to 7.1308 by 12:10 AM ET (04:10 GMT). China will implement both broad and targeted cuts in the reserve requirement ratio (RRR) for banks "in a timely manner," China's cabinet said in a meeting on Wednesday. A Reuters poll of nearly 60 strategists suggested that China will continue to allow the
Read in Investing.com: https://
Forex - Safe Haven Yen Slips; Risk Currencies Gain on Trade Talk Hopes
Forex Sep 05, 2019 07:53 GMT Investing.com - The safe haven yen was lower on Thursday after news that trade talks between the U.S. and China will resume next month, while the risk sensitive Australian and New Zealand dollars were higher. China's Commerce Ministry said its trade team will consult with their U.S. counterparts in mid-September in preparation for negotiations in early October, and both sides agreed to take actions to create favorable conditions. Sentiment has been skittish, however,
Read in Investing.com: https://
HEALTH / SCIENCE
Low-income patients are more likely to be sued by hospitals when they can't pay their bills
Low-income patients often face steeper out-of-pocket health care costs — and that means they're also more likely to be sued by hospitals when they can't pay their bills.
Read in Axios: https://apple.news/
Suicide Risk For Restless Legs Syndrome Patients
Given the increasing incidence of suicide in the U.S., it is imperative that RLS patients be treated rigorously and their health issues not be dismissed.
Read in Forbes: https://apple.news/
19-Year-Old Goes Blind Due to Diet of Pringles, Bread, Fries, and Processed Meats
"I would make him nice sandwiches—and put an apple or other fruit in—and he wouldn’t eat any of it."
Read in VICE: https://apple.news/
The negative health impacts of drinking soda
Two studies reveal how your diet can have negative and long-lasting impacts on your health in new ways. One study found that a teenager's extremely poor eating habits caused him to effectively go blind; another found that people who drank at least two sugar-sweetened soft drinks a day had a higher risk of death from digestive diseases. Registered dietitian Samantha Heller joins "CBS This Morning" to discuss the studies, and what they mean for soda drinkers and picky eaters.
Read in CBS News: https://apple.news/
Michell Dropped 108 Pounds in 3 Years and It All Started With 3 Workouts a Week
Ate age 25, Michell Clifford (@michellelizabeth_c on Instagram) had reached 253 pounds. She had become addicted to fast food, and ate out at least five times a week. Now age 30, find out how she was able to lose over 100 pounds in three years naturally, without surgery, and while still enjoying carb ...
Read in POPSUGAR: https://apple.news/
How High Heat Can Impact Mental Health
A new NPR probe found low-income areas in dozens of major U.S. cities are more likely to be hotter than wealthier ones, and people with severe mental illness are impacted by that increase in heat.
Read in NPR: https://apple.news/
Michigan becomes first state to ban flavored e-cigarettes
Governor takes action after health officials declare youth vaping a public health emergency.
Read in The Washington Post: https://apple.news/
Low-income patients are more likely to be sued by hospitals when they can't pay their bills
Low-income patients often face steeper out-of-pocket health care costs — and that means they're also more likely to be sued by hospitals when they can't pay their bills.
Read in Axios: https://apple.news/
Suicide Risk For Restless Legs Syndrome Patients
Given the increasing incidence of suicide in the U.S., it is imperative that RLS patients be treated rigorously and their health issues not be dismissed.
Read in Forbes: https://apple.news/
19-Year-Old Goes Blind Due to Diet of Pringles, Bread, Fries, and Processed Meats
"I would make him nice sandwiches—and put an apple or other fruit in—and he wouldn’t eat any of it."
Read in VICE: https://apple.news/
The negative health impacts of drinking soda
Two studies reveal how your diet can have negative and long-lasting impacts on your health in new ways. One study found that a teenager's extremely poor eating habits caused him to effectively go blind; another found that people who drank at least two sugar-sweetened soft drinks a day had a higher risk of death from digestive diseases. Registered dietitian Samantha Heller joins "CBS This Morning" to discuss the studies, and what they mean for soda drinkers and picky eaters.
Read in CBS News: https://apple.news/
Michell Dropped 108 Pounds in 3 Years and It All Started With 3 Workouts a Week
Ate age 25, Michell Clifford (@michellelizabeth_c on Instagram) had reached 253 pounds. She had become addicted to fast food, and ate out at least five times a week. Now age 30, find out how she was able to lose over 100 pounds in three years naturally, without surgery, and while still enjoying carb ...
Read in POPSUGAR: https://apple.news/
How High Heat Can Impact Mental Health
A new NPR probe found low-income areas in dozens of major U.S. cities are more likely to be hotter than wealthier ones, and people with severe mental illness are impacted by that increase in heat.
Read in NPR: https://apple.news/
Michigan becomes first state to ban flavored e-cigarettes
Governor takes action after health officials declare youth vaping a public health emergency.
Read in The Washington Post: https://apple.news/
USA / CANADA
Here's what Hurricane Dorian is expected to do as it moves toward Florida, Georgia and the Carolinas
Hurricane Dorian is moving toward the US. The center of the hurricane is forecast to move dangerously close and possibly over the southeast coast as the storm's outer bands pound the shore.
Read in CNN: https://apple.news/
Dorian pushes north near Florida with Georgia, Carolinas on high alert
The hurricane was bringing winds, rain and the threat of storm surges from Florida to North Carolina as the Bahamas begin to asses storm devastation.
Read in NBC News: https://apple.news/
Hurricane Dorian returns to Category 3 strength as it approaches Carolinas coast
Category 3 Hurricane Dorian’s 115 mph sustained winds and 10 to 15 inches are predicted to cause widespread flooding and power outages as it strengthens and moves within 100 miles of the Carolinas coast.
Read in The Charlotte Observer: https://apple.news/
NewsBreak: U.S. Economy at Modest Pace Despite Trade Uncertainty: Beige Book
Economic Indicators Sep 04, 2019 18:11 GMT Investing.com – The U.S. economy continued to expand at a modest pace through the end of August and the majority of businesses remained optimistic about the near-term outlook despite trade uncertainty and mixed consumer spending, the Federal Reserve's Beige Book showed Wednesday. • "Overall manufacturing activity was down slightly from the previous report. Among reporting Districts, agricultural conditions remained weak as a result of unfavorable
Read in Investing.com: https://
Get ready for bigger home-price increases next year, except in these two states
One in four housing markets nationwide is undervalued.
Read in MarketWatch: https://apple.
Hundreds of US trucking companies have failed so far this year, more still to come
Closures have left thousands of drivers jobless.
Read in Fox Business: https://apple.news/
U.S. trade deficit shrinks, but shortfall with China widens
The U.S. trade deficit narrowed slightly in July, but the gap with China, a focus of the Trump administration's "America First" agenda, surged to a six-month high.
Read in Reuters: https://apple.news/
What Recession? Low Interest Rates Could Mean Tech-Fueled Growth
Opinion: As in the Industrial Revolution, tech is powering an economy that can produce more, at lower cost.
Read in WIRED: https://apple.news/
Asset Inflation Vs. Consumer Goods Inflation
Instead of consumer prices, there has been a massive rise in the prices of equities and properties. Economists tell us that the money did not go into consumer goods but into asset prices.The fact is, money (or irredeemable currency) does not go into or out of anything.In this paradigm, changing prices are described as inflation or deflation. Thus, non-rising consumer prices, combined with skyrocketing capital asset prices, is consumer goods disinflation and asset inflation.
Read in Seeking Alpha: https://apple.news/AM-
EMERGING MARKETS
Pentagon frees $3.6 bn for wall construction on Mexican border
Defense Secretary Mark Esper approved the use of $3.6 billion in funding from military construction projects to build 175 miles of President Donald Trump's wall along the Mexican border.
Read in Daily Mail: https://apple.news/
Mexico to get drenched by Tropical Storm Fernand
While Hurricane Dorian moves closer to Florida, Tropical Storm Fernand is closing in on the northeast Mexican coast just south of the U.S. border, with top sustained winds near 50 mph
Read in ABC News: https://apple.news/
Congress has the votes to pass USMCA, US Chamber CEO says
Mexico has ratified the USMCA trade agreement. Will the U.S. be next?
Read in Fox News: https://apple.news/
Awakening The Sleeping Giant: Why Brazil’s Tech Scene Is One To Watch
With talented entrepreneurs, maturity of capital, and liquidity in the market, Brazil’s tech scene is heating up and looks like it’s here to stay.
Read in Forbes: https://apple.news/AP-
Argentina Is a Mess, but Its Bonds Might Be a Bargain
Two fresh calamities hurt Argentina’s already reeling market—the extension of the payment schedule of most bond issues and the reinstatement of capital controls.
Read in Barron's: https://apple.news/
Argentine farmers favoring safe-bet soy over corn as policy outlook darkens
Argentine farmers, anxious about an increasingly murky political outlook and economic turmoil, are turning toward soy over more expensive corn to cut costs, a shift that could impact next season's harvest in one of the world's top grain exporters.
Read in Reuters: https://apple.news/
EMERGING MARKETS-HK stocks, China data boost emerging market shares; FX higher
* Hong Kong shares record best day in 10 months
Read in Reuters: https://apple.news/
Are Super Apps The Future?
As you consider your boards’ products, it would be very valuable to ask management to explain their plans to participate in these rapidly dominating new trends of group purchasing, digital payments, and emerging market Super App dominance.
Read in Forbes: https://apple.news/
MIDDLE EAST
Iraqi militia leader visits Moscow to secure air defence systems
Iraqi militia leader visits Moscow to secure air defence systems
Read in The New Arab: https://apple.news/
Iraq suspends US-funded TV station for 3 months over program
Iraqi authorities have suspended the license of a US-funded TV station for 3 months after it aired a program on alleged corruption within Iraq's Sunni and Shiite religious establishments
Read in ABC News: https://apple.news/
Unrest Heats Up in Iraq
On August 14, a major explosion occurred in the gas transportation pipeline of the Electricity Distribution Station of Alhartha, located in Iraq’s southern governorate of Basra. Although local sources have talked of some “technical cause,” the blast’s reason remains unclear. In the immediate aftermath of the incident, much speculation has unsurprisingly spread among analysts and observers on social media. Due to an overall state of instability in Basra, this southern part of Iraq has captured
Read in Fair Observer: https://apple.news/
‘Hostile news policy’: US-funded Arabic channel exposé unites Iraqi Sunni & Shia v foreign meddling
Iraq’s sectarian political scene is having a rare moment of unity, driven by an unlikely culprit. Recent reporting by a US-funded Middle Eastern news outlet has piqued claims of American meddling in Iraq’s internal affairs.
Read in RT News: https://apple.news/
Russia Offers Support to Iraq, Syria and Lebanon Amid Iran-Israel Tensions
September 03, 2019 Trump Says U.S. Shot Down Iranian Drone In The Strait Of Hormuz Russia has offered its support to Iraq, Syria and Lebanon—three countries reportedly attacked by Israel as part of a cross-borders campaign against Iran and its regional allies. Deputy Foreign Minister Mikhail Bogdanov, Russia's special presidential envoy for the Middle East and Africa, met Tuesday in Moscow with Iraqi national security adviser Faleh al-Fayad, who also serves as chairman of the state-backed
Read in Newsweek: https://apple.news/
Iran President Likely to Announce Details of 3rd Step on JCPOA Wednesday
President of Iran Hassan Rouhani is expected to proclaim details of Tehran’s new step in reducing commitments to the 2015 nuclear deal on Wednesday.
Read in IFP News: https://apple.news/
Iran gives Europe two more months to save nuclear deal
Iran's President Hassan Rouhani gave European powers another two months to save a 2015 nuclear deal on Wednesday, but warned that Tehran was still preparing for further significant breaches of the agreement if diplomatic efforts failed.
Read in Reuters: https://apple.news/
AFRICA
South African Party Leader Says Anger Should Be Directed at Wealthy Whites
September 04, 2019 A leftist leader in South Africa has called for the anger fueling a recent wave of xenophobic violence against African foreigners to be redirected toward the country's wealthy white population. The violence, which has mainly targeted Africans from other countries and their businesses, has been condemned by South African President Cryil Ramaphosa and drawn protests from other African leaders, the BBC reported. Ramaphosa said Tuesday that the violence is "totally unacceptable,
Read in Newsweek: https://apple.news/
Meet the Co-Chairs of the World Economic Forum on Africa 2019
Meet the Co-Chairs of this years World Economic Forum on Africa 2019, from 4-6 September. The theme is Shaping Inclusive Growth and Shared Futures in the Fourth Industrial Revolution.
Read in The World Economic Forum: https://apple.news/
Why Africa’s Industrialization Won’t Look Like China’s
It won’t be able to rely on low-wage manufacturing.
Read in Harvard Business Review: https://apple.news/
How Africa can secure its long-term economic growth
Why should Africans care about the global economy? The short answer is if the world economy sneezes, the continent’s current cold could quickly escalate into a severe flu.
Read in The World Economic Forum: https://apple.news/
South Africa: Violence Against Foreigners 'Not Justified' - Ramaphosa
President Cyril Ramaphosa has repeated his disapproval over widespread attacks on foreign nationals since the weekend, saying they are "not justified". Speaking at a Brand SA breakfast meeting in Cape Town on Wednesday morning, Ramaphosa first spoke out against the most recent violent murders of Uyinene Mrwetyana and Leighandre Jegels. He asked attendees to rise as a show of respect, before saying: "The nation is in deep mourning." Ramaphosa then turned his attention to xenophobic violence.
Read in AllAfrica: https://apple.news/
Africa's Three Richest Men Have More Wealth Than the Poorest 650 Million People Across the Continent.
Three African billionaires today have more wealth than the poorest 50% - or 650 million people across the continent, reveals a new Oxfam report today. The report, called "A Tale of Two Continents", is launched as African political and business leaders gather this week for the World Economic Forum Africa Meeting in Cape Town, South Africa. It shows how rising and extreme inequality across Africa is undermining efforts to fight poverty. A Tale of Two Continents reveals that while the richest
Read in AllAfrica: https://apple.news/
Southern Africa: Business Should Loudly and Boldly Support the National Treasury's Economic Growth Strategy
Finance Minister Tito Mboweni is articulating publicly a set of views that represent a break from the existing consensus in which the pursuit of growth is subordinated to every other priority. If this is not worthy of business's public support and much greater attention, dedication and time, then nothing is. "South Africa's current economic trajectory is unsustainable: economic growth has stagnated, unemployment is rising, and inequality remains high." These are the opening lines of National
Read in AllAfrica: https://apple.news/
Zimbabwe: Government Doctors Put Down Their Instruments
Zimbabwe's government doctors went on strike Tuesday, demanding a salary increase to cover the soaring cost of living. The doctors, like many government workers, say inflation has made it impossible to meet basic needs. Peter Gabriel Mugombeyi, acting president of the Hospital Doctors Association, says doctors will not resume work until the government reviews their salaries, set at less than $200 a month. "We are not downing the tools per se," he said. "We are simply incapacitated. We simply do
Read in AllAfrica: https://apple.news/
ASIA
China’s economic prospects are less promising than Japan’s or South Korea’s at similar stages, US think tank says
China’s much-vaunted economic miracle is less than meets the eye and its prospects less promising than those of neighbouring South Korea or Japan at similar stages of their development, a study by a Washington-based think tank concludes. China in recent…
Read in South China Morning Post: https://apple.news/
US-China trade war could squeeze profits of Taiwan’s top companies, S&P says
Taiwan’s biggest companies, particularly technology firms, could see their profits squeezed in the second half of this year and into 2020 as a trade war continues to escalate between the United States and China and the global economy slows, according to S…
Read in South China Morning Post: https://apple.news/
Few signs that money is fleeing Hong Kong amid protests: Credit Suisse and UBS
There's little evidence to suggest that money is being moved out of Hong Kong amid ongoing, protracted protests in the city, according to top executives from Credit Suisse and UBS Global Wealth Management.
Read in CNBC: https://apple.news/
Hong Kong leader to withdraw bill that sparked months of protests
Embattled Hong Kong leader Carrie Lam Cheng Yuet-ngor has formally withdrawn the much-despised extradition bill that sparked the nearly three-month long protest crisis now roiling the city, confirming the Post’s exclusive report earlier on Wednesday. She…
Read in South China Morning Post: https://apple.news/
Why American Companies Choose China Over Everyone Else
Why Brazil, Mexico, India and southeast Asia can't compete with China.
Read in Forbes: https://apple.news/
Hong Kong Concession And Better EMU PMI Overshadow Self-Inflicted Trade And Brexit Woes
In Hong Kong, Chief Executive Lam announced the formal withdrawal of the extradition bill that had sparked the initial protest.The Democratic Party and the Five Star Movement have put aside their differences to block a common enemy in the nationalist League.The US reports its July trade balance, where a preliminary report steals much of the thunder.
Read in Seeking Alpha: https://apple.news/
Few signs that money is fleeing Hong Kong amid protests: Credit Suisse and UBS
There's little evidence to suggest that money is being moved out of Hong Kong amid ongoing, protracted protests in the city, according to top executives from Credit Suisse and UBS Global Wealth Management.
Read in CNBC: https://apple.news/
Asian Markets Rise as HK Scraps Extradition Bill; China-U.S. Talks Resume in Oct
Stock Markets Sep 05, 2019 02:29 GMT Investing.com – Asian markets rose in morning trade on Thursday. The Hang Seng Index gained 0.5% after Hong Kong’s leader Carrie Lam said the government is fully withdrawing an extradition bill that sparked historic unrest in the city. The Hang Seng Index last traded at 26,652.00 by 10:44 PM ET (02:44 GMT), up 0.5%. The index surged 3.9% on Wednesday following the government announcement. Despite Lam’s move to formally withdraw the highly controversial bill,
Read in Investing.com: https://
EUROPE
ECB Policy: Weaken The Euro And Kill The Banks
The recent inversion of the traditional 2Y10Y yield curve in the US has raised investors’ attention on the global economic outlook within the next 12 months to come.in Europe, business sentiment and consumer confidence have collapsed in the past 12 months, with all leading indicators pricing in weaker economic activity in most of the countries.In addition, inflation expectations have also been trending lower in the Euro area, with the 5Y5Y inflation swap currently trading at 1.2%.It is clear
Read in Seeking Alpha: https://apple.news/
Brexit Drives Pound Into Value Territory
The road towards the October 31st deadline for Britain to leave the EU will become even more bumpy. Value emerging in UK assets.
Read in Forbes: https://apple.news/
Lagarde defends European Central Bank stimulus at hearing
FRANKFURT, Germany (AP) — The nominee to succeed Mario Draghi as head of the European Central Bank has defended the bank's record low interest rates and extraordinary stimulus measures deployed in the wake of the Great Recession and eurozone debt crisis. Christine Lagarde said during a hearing Wednesday in the European parliament in Brussels that she agrees "a highly accommodative policy is required for an extended period of time." She also defended the bank's new tools such as bond purchases
Read in San Francisco Chronicle: https://apple.news/
Data points to euro zone staying below ECB comfort zone - chief economist
Financial data points to euro zone inflation staying well below the European Central Bank's preferred level of just under 2%, the bank's chief economist Philip Lane said on Wednesday.
Read in Reuters: https://apple.news/
EU countries back tighter controls on steel imports
EU governments approved limits to steel quotas on Wednesday designed to protect European manufacturers from the threat of surging imports following the effective closure of the U.S. market.
Read in Reuters: https://apple.news/
EU and US jostle over Europe’s 5G future
Telecom fault lines are opening up across Europe as the US and Poland team up on 5G security in a veiled attempt to fend off alleged threats from Beijing and as the EU prepares to stake out its own strategy on the next-generation technology. On Monday,…
Read in South China Morning Post: https://apple.news/
NewsBreak - European Markets Gain as U.S. and China Agree to Hold More Trade Talks
Stock Markets Sep 05, 2019 06:59 GMT Investing.com -- Europe's stock markets gained in early trading and U.S. stock futures were higher after the U.S. and China announced they would resume trade talks in early October, raising hopes for a resolution to the protracted trade war between the world's two largest economies. STOXX 600 opens up 0.4%, DAX +0.6%, CAC 40 +0.6% Stocks jumped in Asia: Japan’s Nikkei +2%, China’s CSI 300 +1% U.S. futures rise: S&P 500 futures +0.5%, Dow futures +0.6% Nasdaq
Read in Investing.com: https://
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EDITOR'S NOTE
Does the economy drive the stock market or does the stock market drive the economy?
Former Federal Reserve Chairman Alan Greenspan says what happens next to stocks will determine what happens next to the economy.
“Strangely enough, it’s going to depend in large part on the stock market,” he said on CNBC’s “Squawk on the Street” on Wednesday.
The stock market generates a wealth effect that grows the economy, Greenspan explained, adding that every 10 percent rise in the S&P 500 generates a 1 percent improvement in the nation's gross domestic product.
“It’s important to recognize that if we get a major stock market adjustment, we are going to feel it in the economy, which has very short lag,” the 93-year-old economist said.
Where stocks go from here is anybody's guess. CNBC's Tom Franck compiled forecasts from mainstream strategists for where the S&P 500 will end up this year. His chart shows they're pretty far apart even though there are less than four months left in the year.
On Wednesday, stocks opened strong and the Dow Jones Industrial Average held its gains later in the day.
The day's trading offered a breather from the volatility that has characterized the past several weeks, given trade war uncertainty, a slowing global economy and ominous signs from bond markets.
Whether it's the economy or the stock market determining the direction, both were calm on Wednesday.
Enjoying the CNBC Evening Brief newsletter? Tell us how we're doing and what we can do better by filling out this simple survey.
TOP NEWS
| Stocks bounce back as Hong Kong tensions ease | |
| Alan Greenspan says it's 'only a matter of time' before negative rates spread to the US | |
| In a world of disappearing income, these stable stocks pay a high dividend yield | |
| Hong Kong leader Carrie Lam says extradition bill has been fully withdrawn | |
| As Hurricane Dorian pushes north, South Carolina braces for flooding not seen in decades | |
| 'Hundreds of other people could be implicated' in Jeffrey Epstein, Ghislaine Maxwell court documents | |
| UK lawmakers vote to block a no-deal Brexit amid threat of a snap election | |
| YouTube will pay $170 million to settle claims it violated child privacy laws | |
| Twitter hackers appear to take over another high-profile account | |
| 'We're all overpaid,' Cowboys owner Jerry Jones says after signing Ezekiel Elliott to massive deal |
TOP VIDEO
CNBC PRO
SPECIAL REPORTS
09/05/19
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| U.S. stock futures were sharply higher and pointing to a second day of strong gains, after China said that Beijing and Washington agreed to hold trade talks in early October. Wednesday's strong gains nearly erased the Dow's 285-point decline Tuesday. (CNBC) Top China trade negotiator Liu He spoke on the phone with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, the Commerce Ministry said Thursday. The USTR confirms the call but not next month's meeting. (CNBC) General Motors (GM) CEO Mary Barra is set to meet with President Donald Trump at the White House today, with trade, contract talks, and fuel efficiency standards among the items said to be on the agenda. Last week, Trump criticized GM over the automaker's China operations. (Reuters) | |
| A busy day for economic numbers begins at 8:15 a.m. ET, with the release of ADP's August report on private sector employment, closely followed for hints on what the government's monthly employment report might show on Friday. Jobless claims, productivity figures, and factory orders are also among today's data. (CNBC) * Fed will cut rates by a quarter point this month, not a half point, WSJ says | |
| Homebuilder Hovnanian (HOV), Lands' End (LE), and Signet Jewelers (SIG) are out with quarterly earnings this morning. Lululemon (LULU), DocuSign (DOCU), Zoom Video (ZM), and Zumiez (ZUMZ) release their numbers after today's closing bell. (CNBC) Shares of Slack (WORK) were sinking about 13% in premarket trading after the workplace messaging service forecast a larger than expected loss for the third quarter. In its first financial report since going public in June, Slack on Wednesday afternoon reported a smaller-than-expected loss and revenue above estimates. (CNBC) |
| |
| Dorian, back to a Category 3 hurricane, began hitting the Southeast seaboard Thursday, threatening to inundate low-lying coastal areas from Georgia to Virginia with a life-threatening storm surge. Earlier this week, the storm leveled the Bahamas. (AP) * Latest images of Bahamas devastation from Hurricane Dorian (USA Today) | |
| As Dorian was bearing down on the southeastern United States, top Democratic presidential hopefuls this week tried to demonstrate how they would turn the tide on global warming. They participated in a CNN climate change town hall last night. (USA Today) * Trump doubles down on debunked Alabama comments about Dorian's path, holding up a doctored map (USA Today) | |
| Gregory Craig, former Obama White House counsel, was found not guilty of lying to the Department of Justice in a case that stemmed from former special counsel Robert Mueller's probe of Russian interference in the 2016 election. (CNBC) | |
| Fredrick Brennan, the founder of 8chan, the internet message board favored by white nationalists, warned lawmakers that the fringe website's current owner, Jim Watkins, will "lie through his teeth" at today's House Homeland Security Committee hearing. (NBC News) | |
| As many as a dozen partners at Goldman Sachs (GS) are negotiating an exitfrom the bank and are likely to leave by the end of 2019, The Wall Street Journal reports. Goldman CEO David Solomon, in some cases, is culling a partnership he reportedly sees as bloated. | |
| Twitter (TWTR) temporarily turned off the ability to send tweets by text message, following high-profile account hacks. The move came hours after actress Chloe Moretz's account appeared to be compromised by the same group. (USA Today) | |
| Samsung's foldable smartphones will be available in South Korea tomorrow in two colors, Cosmos Black and Space Silver. The Galaxy Fold will roll out in Singapore, France, Germany and the U.K. later this month. No U.S. launch date has been set. The Fold had been set for release in April. (CNBC) * Puma unveils its first smartwatch, working with US-based Fossil (CNBC) Amazon (AMZN) announced new products with its Alexa voice assistant and Fire TV software built-in. Some, like a new version of last year's Fire TV Cube, are made by Amazon. Several third-party manufacturers unveiled their own living-room devices running Amazon's services. (CNBC) | |
| Apple (AAPL) said it sees "long-term potential" for cryptocurrencies but it is not focused on them. Apple has become a big player in mobile payments since releasing Apple Pay for the iPhone in 2014 and moving deeper into the market with last month's launch of Apple Card in partnership with Goldman Sachs. (CNBC) |
| |
| Cloudera (CLDR) lost an adjusted 2 cents per share for its second quarter, which was smaller than the 10-cent loss anticipated by analysts. The cloud software firm's revenue was well above. Cloudera also raised forward guidance. | |
| Palo Alto Networks (PANW) exceeded estimates by 5 cents with adjusted quarterly earnings of $1.47 per share. Revenue also beat. The cybersecurity firm also issued a fiscal 2020 profit warning. | |
| A Justice Department settlement allowing CVS Health (CVS) to complete its purchase of Aetna has been approved in federal court. The judge had been looking at whether the DOJ settlement did enough to protect competition and consumers. | |
| T-Mobile US (TMUS) was sued by New York City, which accuses the mobile carrier of engaging in "rampant sales abuse" of customers of its lower priced Metro brand. |
| |
| Kicking off the NFL's 100th season tonight is not the reigning Super Bowl champion New England Patriots, but two of the league's oldest franchises engaging in an age-old rivalry: Chicago Bears vs. Green Bay Packers. (NFL Network) |
| No. 8 seed Serena Williams faces No. 5 seed Elina Svitolina on Thursday in the semifinals for a chance to compete in her 10th U.S. Open final. Williams, a 23-time Grand Slam champion, is the only woman remaining in the singles field to have won a major title. (CBS Sports) |
WORD ON THE STREET 09/05/19
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | 1192.0000 | 1191.0000 | 1192.0000 | 00:00 | |||
| USD/VND | 23178.1900 | 23178.1900 | 23178.1900 | 01:30 | |||
| USD/CNY | 7.1475 | 7.1270 | 7.1450 | 05:15 | |||
| USD/KWD | 0.3032 | 0.3028 | 0.3030 | 05:15 | |||
| GBP/USD | 1.2342 | 1.2210 | 1.2251 | 05:19 | |||
| USD/IRR | 42097.5000 | 42097.5000 | 42097.5000 | 00:00 | |||
| USD/IDR | 14167.0000 | 14102.0000 | 14137.0000 | 05:17 |
CNBC Link:
DC NY Iraq Articles:
More Remains of Neanderthal Discovered in Kurdistan
BasNews 04/09/2019 - 00:28 Published in Kurdistan
Archeologists have discovered more remains of Neanderthal in the Kurdistan Region's Shanidar Cave, an official said on Tuesday.
Explaining in more details to BasNews, Soran Amir, head of Archaeology department in Mergasor town of Erbil province, pointed out that the remains were found during the excavations carried out by a special team from Cambridge University as part of a ten-year agreement with the Kurdistan Regional Government (KRG).
The team has discovered a skeleton believed to date back to around 70,000 years ago, he noted.
"These are remains of the tenth Neanderthals so far discovered in Shanidar Cave," Amir added.
The archaeological teams have previously discovered nine other Neanderthals at the same site which is located on Bradost Mountain, in capital Erbil.
The official also clarified that the remains would later be kept at a special museum in the Kurdistan Region, rejecting the rumours of it being taken abroad
Deputy calls on Abdul-Mahdi not to nominate dual nationals to fill special grades
04/09/2019
Baghdad / Al-Ghad Press:
A member of the Security and Defense Committee for the parliamentary bloc of Sa'ron Saad Maya al-Halafi, on Wednesday, called on the Prime Minister not to nominate dual nationals to fill positions in special grades.
"Article 58 of the budget law obliges the government of Prime Minister Adel Abdul Mahdi to end the file of the administration of state institutions until June 30," al-Halafi said in a press statement received by Al-Ghad Press.
However, "However, the House of Representatives voted to give the government a further period of three months after the Prime Minister made a formal request to keep the government from falling into legal forms contrary to budget decisions."
He added that "the fourth paragraph of Article (18) of the Iraqi Constitution stipulated that (it is not permissible to multiple nationality of the Iraqi and those who hold a high sovereign or security position to renounce any other acquired nationality)."
He called on the Prime Minister to "not nominate any person of dual nationality to occupy positions in special grades and choose the best according to the principle of efficiency and integrity away from quotas."
Allafi pointed out that "the importance of ending the file of special grades administered by the Agency during the prescribed period," noting that "special grades positions will have a significant role in the performance of the government apparatus as it includes important and sensitive leadership positions in the Iraqi state."
Iraq informs Aboul Gheit of his support to protect Gulf security
He stressed his keenness to stay away from the axes policy
Wednesday, 5 Muharram 1441 - 04 September 2019 issue number [14890]
A joint press conference by Iraqi Foreign Minister Mohammed al-Hakim and Arab League Secretary General Ahmed Aboul Gheit in Baghdad yesterday (AP)
Baghdad: Hamza Mustafa
At a time when Iraqi Foreign Minister Mohammed Ali al-Hakim hinted at Israel's responsibility for the attacks on the Popular Mobilization Camps in different parts of Iraq recently, he stressed in a joint press conference with Arab League Secretary General Ahmed Aboul Gheit who visited Iraq yesterday that the situation was discussed. In Libya, Sudan, Syria and Yemen, Gulf security and navigation in the Gulf, because this issue is important for Iraq, he pointed out: «We clarified the position of Iraq to try to ease tension in the Gulf region, and on the Iran-US conflict».
Hakim added: «Aboul Gheit briefed us on the Israeli aggressions in Arab areas», pointing out that «there is a set of important issues that were raised in this meeting». Hakim pointed out that «the meeting discussed the Arab situation in general, and the security of the Gulf and navigation, as well as clarify the position of Iraq to try to ease the tension between the US and Iranian sides in the Gulf».
For his part, Aboul Gheit said: «My attendance to Baghdad is at the invitation of the Iraqi Foreign Ministry, and to prepare for the next Arab ministerial meeting at the Arab League on the 10th of September (September)», and continued that «the agenda of this session is large, dense and complex». Aboul Gheit affirmed his confidence in Iraq's capabilities to manage the meeting of foreign ministers of the Arab League, saying: «We trust the capabilities and capabilities of Iraq in the management of the ministerial meeting and the success of its outputs», and continued: «At this session, the agenda of the League is heavy and complex, and I thank Minister Hakim for all the clarifications that "I wish you success and I am confident that your experience in conducting these meetings will be a success and a breakthrough for many situations."
For his part, Iraqi President Barham Salih, during his meeting with Aboul Gheit yesterday at the Presidential Palace in Baghdad, Iraq is keen to stay away from the policy of axes, said a presidential statement that «in extensive discussion on the overall political and security situation in Iraq and the region, President of the Republic that political efforts And security in Iraq, and after the victory over (ISIS), focused on working for the victory to be a final and final, the elimination of terrorist gangs, and the establishment of an environment of security stability, political and social help in the progress of construction projects and reconstruction, and the development of economic and service structures in the country. ''Saleh stressed «Iraqi national view responsible for international and regional problems in the region, which is to work together with everyone for the peace and stability of the region, and to distance Iraq from the policy of axes».
Saleh pointed out that «Iraq in this position supports any effort that would ease tensions that threaten everyone», and stressed «the importance of the role of the League of Arab States in the coordination and unification of visions among Member States, and that would end tensions, and find solutions to crises», He stressed Iraq's support for these efforts «to achieve security and stability in the region, and strengthen opportunities for construction, cooperation and joint action».
For his part, Aboul Gheit praised the role played by Iraq to strengthen and activate the joint Arab action system, and to enhance security and stability in the region, while stressing the importance of enhancing security progress in Iraq after the defeat of ISIS terrorism and the value of this victory and the sacrifices made by Iraqis in Maintaining the security of the region as a whole.
Dr. Ehsan al-Shammari, head of the Center for Political Thinking in Baghdad, told Asharq Al-Awsat about the importance of Aboul Gheit's visit to Iraq that the visit comes in a very sensitive circumstance in view of the nature of tension between Washington and Tehran, or escalation. The Arab League recognizes that there is a capacity for Iraq to talk to Iran, specifically on the issue of reducing the level of tension. The Arab League may not be able to talk directly to Hezbollah in Lebanon, but it realizes that it has allies in Iraq, or that Iraq is an ally of Tehran, so there can be direct links to reduce tensions at the Israeli-Lebanese border.
Al-Shammari added that «the Arab League wants to know, at the level of tension between America and Iraq, where Iraq has arrived in some of its tracks, especially in relation to the talks to find spaces to control moderation, as well as another issue, the issue of the maritime border between Iraq and Kuwait, which has recently emerged».
Al-Shammari explained that «everything discussed may not have quick outputs of all issues of common concern, but it remains a natural movement by the Arab League on what is happening in the region, note that things may be heading towards a truce, even between Iran and America, although "Iraq will remain part of the area of pressure exerted by the key players in the region.
Hakim added: «Aboul Gheit briefed us on the Israeli aggressions in Arab areas», pointing out that «there is a set of important issues that were raised in this meeting». Hakim pointed out that «the meeting discussed the Arab situation in general, and the security of the Gulf and navigation, as well as clarify the position of Iraq to try to ease the tension between the US and Iranian sides in the Gulf».
For his part, Aboul Gheit said: «My attendance to Baghdad is at the invitation of the Iraqi Foreign Ministry, and to prepare for the next Arab ministerial meeting at the Arab League on the 10th of September (September)», and continued that «the agenda of this session is large, dense and complex». Aboul Gheit affirmed his confidence in Iraq's capabilities to manage the meeting of foreign ministers of the Arab League, saying: «We trust the capabilities and capabilities of Iraq in the management of the ministerial meeting and the success of its outputs», and continued: «At this session, the agenda of the League is heavy and complex, and I thank Minister Hakim for all the clarifications that "I wish you success and I am confident that your experience in conducting these meetings will be a success and a breakthrough for many situations."
For his part, Iraqi President Barham Salih, during his meeting with Aboul Gheit yesterday at the Presidential Palace in Baghdad, Iraq is keen to stay away from the policy of axes, said a presidential statement that «in extensive discussion on the overall political and security situation in Iraq and the region, President of the Republic that political efforts And security in Iraq, and after the victory over (ISIS), focused on working for the victory to be a final and final, the elimination of terrorist gangs, and the establishment of an environment of security stability, political and social help in the progress of construction projects and reconstruction, and the development of economic and service structures in the country. ''Saleh stressed «Iraqi national view responsible for international and regional problems in the region, which is to work together with everyone for the peace and stability of the region, and to distance Iraq from the policy of axes».
Saleh pointed out that «Iraq in this position supports any effort that would ease tensions that threaten everyone», and stressed «the importance of the role of the League of Arab States in the coordination and unification of visions among Member States, and that would end tensions, and find solutions to crises», He stressed Iraq's support for these efforts «to achieve security and stability in the region, and strengthen opportunities for construction, cooperation and joint action».
For his part, Aboul Gheit praised the role played by Iraq to strengthen and activate the joint Arab action system, and to enhance security and stability in the region, while stressing the importance of enhancing security progress in Iraq after the defeat of ISIS terrorism and the value of this victory and the sacrifices made by Iraqis in Maintaining the security of the region as a whole.
Dr. Ehsan al-Shammari, head of the Center for Political Thinking in Baghdad, told Asharq Al-Awsat about the importance of Aboul Gheit's visit to Iraq that the visit comes in a very sensitive circumstance in view of the nature of tension between Washington and Tehran, or escalation. The Arab League recognizes that there is a capacity for Iraq to talk to Iran, specifically on the issue of reducing the level of tension. The Arab League may not be able to talk directly to Hezbollah in Lebanon, but it realizes that it has allies in Iraq, or that Iraq is an ally of Tehran, so there can be direct links to reduce tensions at the Israeli-Lebanese border.
Al-Shammari added that «the Arab League wants to know, at the level of tension between America and Iraq, where Iraq has arrived in some of its tracks, especially in relation to the talks to find spaces to control moderation, as well as another issue, the issue of the maritime border between Iraq and Kuwait, which has recently emerged».
Al-Shammari explained that «everything discussed may not have quick outputs of all issues of common concern, but it remains a natural movement by the Arab League on what is happening in the region, note that things may be heading towards a truce, even between Iran and America, although "Iraq will remain part of the area of pressure exerted by the key players in the region.
Saleh confirms the distancing of Iraq from the policy axes
September 4, 2019
Secretary-General of the Arab League during a press conference with the Iraqi Foreign Minister (AFP)
Baghdad - Jabbar Janani, dpa
The President of the Republic of Iraq, Barham Salih, received yesterday at the Peace Palace in Baghdad, the Secretary General of the Arab League, Ahmed Aboul Gheit and his accompanying delegation.
In an extensive discussion on the overall political and security situation inside Iraq and the region, Masoum pointed out that the political and security efforts in Iraq and after the victory over ISIS are focused on working for the victory to be a final and final elimination of terrorist gangs, and the establishment of an environment of security, political and social stability that helps in the progress of construction projects. And reconstruction, and the development of economic and service structures in the country.
The President of the Republic in this regard, the Iraqi national view responsible for international and regional problems in the region, which is to work jointly with everyone for the peace and stability of the region and distance Iraq from the policy of axes.
President Saleh pointed out that Iraq in this position supports any effort that would ease tensions that threaten everyone.
He stressed the importance of the role of the League of Arab States in coordinating and unifying visions among the member states to end tensions and find solutions to crises.
For his part, Secretary General of the League Ahmed Aboul Gheit outlined the vision of the League of Arab States on the situation and developments in the Arab and regional arena and ways to maintain peace there.
Aboul Gheit praised the role played by Iraq in strengthening and activating the joint Arab action system and enhancing the security and stability opportunities in the region, while stressing the importance of enhancing security progress in Iraq after defeating ISIS terrorism and the value of this victory and the sacrifices made by Iraqis in maintaining the security of the region as a whole. .
On the other hand, an Iraqi security source in the province of Nineveh on Tuesday, killing an American following the explosion of a double bomb south of Mosul (400 km north of Baghdad).
Captain Ahmed al-Obeidi of Nineveh police said in a press statement yesterday that «an American working in an organization to remove mines and war remnants in the province of Nineveh, died today after the explosion of a double explosive device in the village of Tal al-Shair within the district of Qayyara (60 km south of Mosul). It is noteworthy that several foreign organizations working in the field of lifting mines and war remnants spread in various areas of Iraq, especially the Kurdistan region of Iraq and areas that were occupied by ISIS.
Is it possible to manage the oil export compass of Kirkuk away from Kurdistan?
04/09/2019 03:29 AM | Read
Political and economic circles in the Kurdistan region of Iraq have circulated for the past two days reports of an Iraqi-Iranian-Lebanese-
On the other hand, the deliberations of the Kurdish political and economic circles were based on what was published over the past weeks in the Russian media, which went on to say that Russia is sponsoring continuous meetings between Iran, Syria and Iraq, to agree on a joint strategic project between these countries on this pipeline, which It needs investments estimated at about $ 8 billion to rebuild.
The sensitivity of the Kurdish side has increased since the circulation of this news, because it was based primarily on signs that the Iraqi federal government and the Iraqi central political forces are seeking to find discharge points for Kirkuk oil, in preparation for dispensing with the Kurdish oil pipeline. The Iraqi government stopped exporting Kirkuk oil to Iran about three months ago, in response to US sanctions on the latter.
Also, the process of exporting Kirkuk oil to Jordan has already started since late July, through the border crossing of Trebil between the two countries, has become 200 road trucks, carrying crude oil from the fields of Kirkuk to Jordan, pursuant to a memorandum of understanding between Iraq and Jordan, signed In February, supplying Amman with 10,000 barrels of oil per day, in return for Baghdad to get electricity from Jordan.
This coincided with the strategic contract signed by the Russian oil giant «Rosneft» with the Lebanese government to store Lebanese oil and operate its facilities in the Tripoli area, over the next 20 years, and the possibility of linking this Lebanese-Russian agreement with Moscow seeks to implement through the export of Iraqi oil through The port of Banias, which is not more than 100 kilometers from the Lebanese TripoliMixed endeavors
Observers who follow the economic files in the Kurdistan region that this project combines the interests of several countries, Iran seeks to equip the oil corridor between Syria and Iraq, to become a suitable alternative at any time in the event of the deterioration of military and security conditions in the area of the Hormuz oil corridor, to be able to continue Exporting its oil through that line. Iran is also seeking to develop a tool for Syria to serve as an economic lever, relying increasingly on Iranian aid. Russia believes that the re-operation of this pipeline will bring them net profits.With its influence and possession of part of this pipeline, it will control a large part of the Middle East exports to European countries, having seized the pipeline that exports the Kurdistan-Iraq production through the Turkish port of Ceyhan.
Difficulties
Observers do not expect the project to be easy to implement, as there are financial, logistical and political difficulties that may hinder its implementation in the next two years at least, according to Kurdish researcher Omid Saman. The initial investment of this pipeline requires billions of dollars, an amount that the governments of Iran, Iraq and Syria will not be able to provide directly in light of the fiscal deficit that surrounds their budgets, especially since the revenues of this project are not guaranteed, and it may take years to recover what has been invested in this project.
These financial investments, if they occur, would be in a completely insecure environment, as Saman explains.Lines of supply extend over a thousand kilometers, most of them in deserts that have been and are still the focus of intense civil and political conflicts.This environment has been a strategic center for ISIS for years. The Islamic State terrorist group still has cells in these areas and occasionally launches attacks on oil installations. How about a 1,000-kilometer oil pipeline that harms the interests of the countries and parties fighting it? .
This insecure environment comes mainly from the instability of the political situation in the oil pipeline area, and the relations of competing parties are highly contradictory. In addition to the Iraqi federal government and the Syrian regime, there is also the Kurdistan Region of Iraq and the Kurdish self-administration in the eastern Euphrates region, and the political and organizational forces of the Arabs in All this area. These parties are fighting each other politically and militarily, and any of them can topple the interests of the other party, especially in the absence of any prospect of consensus in the foreseeable future.
Legislative law of the "Covenant News": the laws of the new and new priorities of our work the next legislative chapter
05/09/2019 01:14 AM | Number of readings
A member of the House of Representatives' legal committee, Saeb Khadran, said Thursday that the committee will meet in the next few days to draw up a roadmap for its work in the coming legislative term.
Khadran said in a statement to "Al-Ahd News" that the Committee is determined to read and vote on the important laws during the next legislative term through a number of new laws and the stage of the previous session.
He added that a meeting will be held soon to discuss the subject of these laws and put the important ones on the priorities of the work of the Commission, expecting that a great work waiting for the Legal Committee during the next legislative term
Finance Committee of the "Covenant News": announced deficit in the 2020 budget is exaggerated
05/09/2019 12:56 AM | Number Of Hits: 643
Ahd News - Baghdad
The Finance Committee in the House of Representatives, on Thursday, that talk of a deficit in the budget of 2020 is 72 trillion dinars is very exaggerated.
Committee member Mahasen Hamdoon told Al-Ahd News that this deficit is still not fixed until now and did not inform the committee of any details of the budget next year.
She pointed out that the discussions are limited to the Ministry of Finance and a number of members of the parliamentary committee, without giving further details. is over/ 6
Kuwait dismisses Iraq border protest
KUWAIT CITY, , (Agencies): Kuwait Tuesday dismissed Iraqi objections that a platform installed within Kuwait's territorial waters would affect demarcation of maritime borders beyond maritime border sign No. 162, affirming the country was exercising full sovereignty.
A Kuwaiti Foreign Ministry source was reacting a reported Iraqi memorandum submitted to the UN Security Council (UNSC) to protest Kuwait's installation of a platform over Fisht Al-Eij, a piece of land located within Kuwait's territorial water, claiming it would undermine demarcation of maritime borders beyond sign No. 162. The source, in a statement to KUNA, said Kuwait received the Iraqi memo and responded to it immediately.
The source said Kuwait's territorial waters were specified by a decree issued on Dec 17, 1967, and updated on Oct 19, 2014. The decree was in compliance with UN treaty on law of seas of 1982. He said Fisht Al-Eid was a natural piece of land over the sea level and was located within Kuwait's territorial waters.
“Therefore, the installation of the platform is a sovereign right for the State of Kuwait within its territories and territorial waters,” affirmed the source. The platform installed in Khor (inlet) Abdullah for security purposes, said the source, and Iraq has been informed about it.
An official letter informing the Baghdad government was sent to the Iraqi embassy in Kuwait on Feb 8, 2017. Kuwait answered memos sent by Iraq on Sept 5, 2017 and Sept 12, 2018, in which Baghdad urged Kuwait to delay the installation of the platform until after installation of maritime border signs beyond sign No. 162.
The source said the Kuwaiti position was included in two memos sent from Kuwait Embassy in Baghdad to the Iraqi foreign ministry on July 26, 2017 and on Sept 26, 2018, affirming Kuwait was exercising its sovereignty.
The foreign ministry source said State of Kuwait has been requesting Iraq since to start maritime border demarcation negotiations ever since 2005. “The State of Kuwait called on the brothers in Iraq to end this issue through international maritime arbitation in line with the UN treat on law of sea of 1982, ”he said.
Kuwait, he said, would continue coordination with Iraq to address all outstanding issues “in order to prevent distortion of relations.” The Undersecretary of the Iraqi Ministry of Foreign Affairs, Ambassador Hazem Al- Yousifihas denied there is any issue between Kuwait and Iraq concerning the maritime border. He said this should not be a hindrance or a problem in relations and instead lavished praise on these relations stressing they are at their best given the significant development in all fields.
In an interview with the Annahar daily during his visit to the country to hand over an archive of 42,000 books found recently (and believed to have been stolen during the invasion of Kuwait), he said that there is the will between the two countries to overcome the mistakes of the past, and everything that happened during Saddam Hussein's invasion of Kuwait, pointing out that the invasion was an exceptional event in the history of the two brothers.
The Iraqi official praised the Kuwaiti support for his country and the visit of His Highness the Amir Sheikh Sabah Al-Ahmad to Baghdad, which gave a strong impetus to the development of relations.
Iraq Denies Reports of Forced Return of IDPs
BasNews 05/09/2019 - 00:32 Published in Iraq
Iraqi Ministry of Displacement and Migration has denied the reports of forced return of IDPs in the country, a statement most probably given as a response to a UN report in this regard.
Earlier on Tuesday, the United Nations said that it is concerned over the forced return of hundreds of IDP families from camps in Nineveh province to their places of origin "with little notice or apparent planning".
"Humanitarian Coordinator of the United Nations in Iraq Marta Ruedas expressed her concerns regarding the means and methods of transfers of internally displaced persons (IDPs) living in camps in Ninewa [Nineveh] Governorate over the past ten days," reads a statement by the UN.
It explained that around 300 families have so far been returned from the camps of Hamam Al Alil, Salamiyah, and Nimrud in Nineveh to the provinces of Anbar, Kirkuk, and Salahaddin.
"I am concerned about the lack of organization and advanced communication with the affected communities and humanitarian partners," said Ruedas. "While acknowledging the Government of Iraq’s expressed desire for IDPs to return home at the earliest opportunity, all such returns should take place within agreed-upon frameworks and with due consideration for humanitarian principles."
However, Nowfal Musa, the Iraqi Minister of Displacement and Migration, said in a statement on Wednesday that they have spared no efforts to provide a suitable situation to help civilians return to their areas of origin, rejecting any reports of forced return of the IDPs.
He said that they would continue to help the civilians to return to their hometowns whenever they want to, without any pressure from the government.
Iran Threatens to Further Diminish Commitment to Nuclear Deal
BasNews 05/09/2019 - 00:01 Published in Middle East
ERBIL Iran has threatened to further diminish Tehran's commitment to its 2015 nuclear deal, setting a new deadline for Europe to reset the terms of the accord.
The comments were made by President Hassan Rouhani on Wednesday, in which, he noted that the moves would have an "extraordinary" impact and will accelerate Iran's nuclear energy program.
Tehran had already made it clear that it would reduce its commitment to the deal every 60 days unless Europe renegotiates the agreement and compensates Iran for its loss in oil revenue due to the US sanctions.
"The third step . . . is of an extremely important nature and will considerably accelerate the activities of the country’s nuclear energy organization," Rouhani said at a cabinet session, without giving details on what steps would the country make in this regard, as quoted by the Mehr News Agency.
"This step is the most important one we will take, and its impact will be extraordinary."
He gave Europe a two-month ultimatum for resetting the deal, according to the report.
"Europe has another two-month deadline for negotiations, an agreement, and return to its commitments."
Kauaihn Iraq Articles:
Parliamentary finance expects the budget of 2020 and the proportion of deficits
Release date:: 9/5/2019 11:15 • 177 times read
BAGHDAD: The parliamentary Finance Committee, the reality of the expectations of a huge deficit in the federal budget for 2020.
"It is expected that the budget will exceed 130 trillion dinars," committee member Shirwan Mirza said in a press statement, adding that this is normal.
He expressed his belief that "this figure in the deficit is incorrect, because this means that Iraq's oil and non-oil imports only 60 trillion and this is inaccurate."
He pointed out that "it is not possible to predict the proportion and size of the budget deficit because it depends on several factors, most notably oil prices."
He expressed his belief that "this figure in the deficit is incorrect, because this means that Iraq's oil and non-oil imports only 60 trillion and this is inaccurate."
He pointed out that "it is not possible to predict the proportion and size of the budget deficit because it depends on several factors, most notably oil prices."
Parliamentary Legislation: The interrogations of ministers will begin after the end of one year
11:50 - 05/09/2019
Information / Baghdad ..
The Legal Committee, Thursday, that the start of the questioning of ministers will take place after the end of a year of the life of the government, which was granted by most of the political blocs of the government, noting that the speaker of the parliament is not obliged to scrutinize or examine any questioning except to refer the file to legal counsel.
A member of the Committee MP Hussein al-Oqabi in a statement to / information /, "The process of starting the interrogations of some government ministers will not be only after the end of a year on the life of the city and for the opportunity granted to the government by most political blocs."
He added that "the Speaker of the House of Representatives does not have the right to prevent or postpone any questioning after completing his legal requirement," noting that "the Speaker of the Parliament is not obliged to scrutinize or examine any questioning, except to refer the file to the legal counsel or the legal committee to ensure the validity of legal procedures only."
The Legal Committee, Thursday, that the start of the questioning of ministers will take place after the end of a year of the life of the government, which was granted by most of the political blocs of the government, noting that the speaker of the parliament is not obliged to scrutinize or examine any questioning except to refer the file to legal counsel.
A member of the Committee MP Hussein al-Oqabi in a statement to / information /, "The process of starting the interrogations of some government ministers will not be only after the end of a year on the life of the city and for the opportunity granted to the government by most political blocs."
He added that "the Speaker of the House of Representatives does not have the right to prevent or postpone any questioning after completing his legal requirement," noting that "the Speaker of the Parliament is not obliged to scrutinize or examine any questioning, except to refer the file to the legal counsel or the legal committee to ensure the validity of legal procedures only."
It is noteworthy that the Speaker of the House of Representatives Mohammed Halbousi said during a press statement on Wednesday that the legislative chapter will witness a number of interrogation of ministers and that he received a number of them without naming any government minister. Ends / 25 m
Sayadi calls for the exemption of the President of the Republic Barham Saleh from his post because of "violation of the Constitution"
05/09/2019
Independent)… Member of the Parliamentary Integrity Committee Kazem al-Sayadi, on Thursday, to dismiss the President of the Republic Barham Saleh from office because of "violation of the Constitution."
The fisherman said in a brief statement received (independent) copy: "I demand the exemption of the President of the Republic for violating the Constitution in Article (61) VI in paragraphs perjury and violation of the Constitution as well as violating the Constitution in articles 14/16/23," calling on the prosecution to “Taking his role in holding offenders accountable.”
The fisherman accused, on Thursday (29 August 2019), the President of the Republic Barham Saleh of "overtaking" the law, pointing to the leveling of land in an orchard near Saleh's house in the Jadriyah area "in cooperation with some elements of the presidential regiment", in what he considered that this is not the first land That are bulldozed "under the eyes of the presidential regiment.
Parliamentarian on the crisis with Kuwait: its unilateral solution affects relations between the two countries
Political 12:06 - 05/09/2019
Baghdad - Mawazine News
KUWAIT CITY (Reuters) - Parliament member Hisham al-Suhail stressed on Thursday that the crisis with Kuwait should be resolved bilaterally rather than unilateral action that could affect relations between the two countries.
Al-Suhail said in a press statement in a statement received (Mawazine News) a copy, that "the adoption of diplomatic methods to resolve crises and problems, whether with Kuwait or other clear evidence of the ability of the Iraqi policy of the statement of rights without negative impact on this policy."
Al-Suhail added that "the State of Kuwait should respect Iraq and not exceed its borders," stressing the need to "resolve any disagreement or bilateral forms instead of taking unilateral action that may affect relations between the two brotherly countries."
Al-Suhail said in a press statement in a statement received (Mawazine News) a copy, that "the adoption of diplomatic methods to resolve crises and problems, whether with Kuwait or other clear evidence of the ability of the Iraqi policy of the statement of rights without negative impact on this policy."
Al-Suhail added that "the State of Kuwait should respect Iraq and not exceed its borders," stressing the need to "resolve any disagreement or bilateral forms instead of taking unilateral action that may affect relations between the two brotherly countries."
Parliament calls on Indian companies to establish partnership with private sector in Iraq
Economy 11:06 - 05/09/2019
Baghdad - Mawazine News
The first called for Speaker of the House of Representatives Hassan al-Kaabi, on Thursday, Indian companies to expand their investment activities and establish an effective partnership with the private sector in Iraq.
"During his meeting with the Indian delegation participating in the meeting of the Planning and Budget Committee of the Asian Society in Baghdad, the latter called on the sober Indian companies to expand their investment activities and establish an effective partnership with the private sector in Iraq," he said in a statement. In particular, "in the rehabilitation of factories, hospitals, service aspects," while stressing that the Indian companies have a long history in the field of investment have achieved great successes in infrastructure projects within the country.
Al-Kaabi called on the delegations present to convey the real and positive images of the Iraqi reality from the cohesion of the people of one country and the stability of the security situation to their countries to raise the existing uncertainty that depicted the situation negatively depending on the external media.
The statement pointed out that "the meeting discussed ways to develop the agreements signed in the field of importing crude oil from Iraq and activating the work of parliamentary friendship committees and cooperation in the areas of health, industrial, cultural and agricultural, as well as higher education and the fight against terrorism between the two countries." Finished 29 / r
The first called for Speaker of the House of Representatives Hassan al-Kaabi, on Thursday, Indian companies to expand their investment activities and establish an effective partnership with the private sector in Iraq.
"During his meeting with the Indian delegation participating in the meeting of the Planning and Budget Committee of the Asian Society in Baghdad, the latter called on the sober Indian companies to expand their investment activities and establish an effective partnership with the private sector in Iraq," he said in a statement. In particular, "in the rehabilitation of factories, hospitals, service aspects," while stressing that the Indian companies have a long history in the field of investment have achieved great successes in infrastructure projects within the country.
Al-Kaabi called on the delegations present to convey the real and positive images of the Iraqi reality from the cohesion of the people of one country and the stability of the security situation to their countries to raise the existing uncertainty that depicted the situation negatively depending on the external media.
The statement pointed out that "the meeting discussed ways to develop the agreements signed in the field of importing crude oil from Iraq and activating the work of parliamentary friendship committees and cooperation in the areas of health, industrial, cultural and agricultural, as well as higher education and the fight against terrorism between the two countries." Finished 29 / r
Jaafar: Iraq would be in the wind if Abdul Mahdi took this step
02:45 - 04/09/2019
Information / Baghdad ..
Former MP Jassem Mohammed Jafar warned on Wednesday against entering Iraq into a political spiral if Prime Minister Adel Abdul Mahdi resigns from his post, indicating that the resignation will put Iraq in the wind, which requires the Prime Minister to liquidate things and agree on another figure in case He resorted to the option of resigning.
Jaafar said in a statement to the information, that "the resignation of Prime Minister Adel Abdul-Mahdi is not excluded, especially as he had done this act previously by relinquishing the posts of Vice President and Minister of Oil."
He added that "the resignation of the prime minister will be the most dangerous in this delicate situation, and will put the country in an unknown state, especially that the threat of ISIS terrorist remains, in addition to political ambitions and tensions in the region, making Iraq in the wind," noting that "the pressure will be strong, from "The prime minister is not taking the step of resigning," he said.
Former MP Jassem Mohammed Jafar warned on Wednesday against entering Iraq into a political spiral if Prime Minister Adel Abdul Mahdi resigns from his post, indicating that the resignation will put Iraq in the wind, which requires the Prime Minister to liquidate things and agree on another figure in case He resorted to the option of resigning.
Jaafar said in a statement to the information, that "the resignation of Prime Minister Adel Abdul-Mahdi is not excluded, especially as he had done this act previously by relinquishing the posts of Vice President and Minister of Oil."
He added that "the resignation of the prime minister will be the most dangerous in this delicate situation, and will put the country in an unknown state, especially that the threat of ISIS terrorist remains, in addition to political ambitions and tensions in the region, making Iraq in the wind," noting that "the pressure will be strong, from "The prime minister is not taking the step of resigning," he said.
And that "the resignation is not excluded in the event of the Prime Minister to prepare another figure, be agreed within the parliament and between the political blocs in order not to create any vacuum in the post of Prime Minister," ruled out "the removal of Abdul-Mahdi, some of his ministers, especially as he still suffers from the lack Resolving the post of Minister of Education, where the dismissal of some ministers is likely to occur through interrogation within the parliament by political blocs. Finished / 25 N.
Surprise as Baghdad files border complaint against Kuwait at UN
04/09/20193 hours ago
Baghdad submits letter to Security Council
KUWAIT CITY, Sept 3: Iraq on Aug 7, 2019, complained to the United Nations Security Council (UNSC) that Kuwait is pursuing a 'fait accompli' policy in terms of geographical changes and maritime borders between the two countries, reports Al-Rai daily.
This has caught everyone - especially those who closely follow the rapprochement in relations between the two countries countries - by surprise because the move has poured cold water over all efforts that have been so far been exerted.
The diplomatic sources at the United Nations told the daily that the Iraqi representative to the UN, Ambassador Mohammed Bahr Al-Uloum, delivered the letter to the President of the Security Council, requesting it to be circulated among the Council members.
The Iraqi envoy has also reportedly met a number of council members to explain Iraq's position. The Iraqi government has asked the United Nations to treat this as official protest against what it called 'the changes made by the Government of Kuwait in the maritime area after the mark 162 in Khor Abdullah by strengthening the shallow area (Fasht Al-Aij) and the establishment of a port structure unilaterally without the knowledge and approval of Iraq, considering that this has no legal basis in the joint plan to regulate maritime navigation in Khor Abdullah '.
Iraq said the demarcation of the border by one party in areas not agreed upon by the concerned parties, as stipulated by the Amiri Decree 317 of 2014 regarding the delimitation of the maritime areas of Kuwait is null and void under the provisions of international law. In its letter to the Security Council, the Iraqi government noted Kuwait's continued imposition of a de facto policy of creating a new situation that changes the geography of the region which will not contribute to supporting the efforts of the two countries to reach a final demarcation of their maritime boundaries.
A Kuwaiti official, who wished to remain anonymous, said the Iraqi complaint to the Security Council comes at a time when bilateral relations between the two countries are moving forward and has culminated in mutual high-level visits between officials of the two countries.
The officials pointed out border disputes are usually discussed at a bilateral level between nations through joint committees and others, as well as the demarcation of the border between Kuwait and Iraq came in accordance with Resolution 833 of the Security Council in 1993.
He added the issue of the maritime zone and its markings and demarcation were discussed during all bilateral meetings between Kuwait and Iraq, and the latter would have preferred not to go into technical and legal details to avoid backlash at home from the Parliament and the Iraqi street . The official said it would have been wise on Iraq part not to circulate the letter as an official document among the UNSC members.
The Kuwaiti official stressed the facility (Fasht Al- Aij) falls within Kuwait's territorial waters and this has been historically and legally documented. On the other hand, Iraq's complaint against Kuwait at the UNSC has provoked a tense reaction from Kuwaiti MPs who have expressed their displeasure and called on their government to respond to the charges.
Chairman of the parliamentary Foreign Affairs Committee MP Abdulkareem Al-Kandari called on the government to explain the situation, especially since such an accusation has severe diplomatic ramifications rendering previous diplomatic initiatives and visits insignificant.
He pointed out this course of action can only be described as provocative which demands a firm Kuwaiti stance, considering the issue is subject to UN Security Council Resolution No. 833/1993. He warned that “any infringement on this resolution will affect the sovereignty of Kuwait.” He stressed that it is also unacceptable for official news outlets to disregard this matter while praising diplomatic relations between the two countries.
Dawa calls for a thorough investigation into the exposure of the crowd camps to "foreign" attacks
September 4, 2019 - 10:08 am
Baghdad / Step Press
The Islamic Dawa Party in a statement issued on Wednesday called on the government to thoroughly investigate the mass mobilization of the Popular Mobilization Camps and to submit an urgent complaint to the Security Council.
The statement, which received "step Press" copy that "the struggling Iraqi figures from the Popular Mobilization Forces and weapons sites and camps have been subjected to terrorist attacks, carried out by foreign parties aimed at the sovereignty, unity, stability and security of Iraq, which necessitated the request of the Iraqi government to thoroughly investigate the nature of these terrorist operations, He revealed who was behind them, and those who paved or participated in their implementation, and to submit an urgent complaint to the UN Security Council and other international organizations in this regard.
The statement stressed "the need for diplomatic, political and media action to condemn and condemn these cowardly acts, and to mobilize the Iraqi people to face them as a flagrant violation of the sovereignty and independence of Iraq and a clear attempt to weaken its defense capabilities in the face of the attack of ISIS and beyond."
The statement continued "recently spread reports confirming the involvement of the Zionist entity to target defensive positions in Iraq, as attributed statements to their prime minister that their plans to target sites in Iraq and other countries !!!".
He stressed that "the Islamic Dawa Party closely follow these events and movements, and deliberate on them with the official authorities and national assets and popular events, in order to unify the national position on this brute aggression."
The statement pointed out that "the party renews its condemnation and condemnation of these acts of terrorism, and calls on the relevant authorities to take measures that will deter the aggressor by all legitimate means, and work to prevent the recurrence of its crimes."
Mohamed Darraji: Coming to a scenario of change either by military coup, popular revolution or outside interference
04/09/2019
Iraq News 1 hour ago
A deputy in the "conquest" block on Monday evening on the existence of features of change to come in Iraq inevitably pointed out the existence of three scenarios of change, all of which are based on changing the current situation and not continue.
"We are on the verge of changing the Iraqi situation and it could be either a military coup, an external change or a popular revolution," Darraji said in a televised interview, pointing out that the situation has come to an end and that there are no features of the state or the regime.
"We are on the verge of changing the Iraqi situation and it could be either a military coup, an external change or a popular revolution," Darraji said in a televised interview, pointing out that the situation has come to an end and that there are no features of the state or the regime.
Darraji stressed that there are authorities and forces control and there is no state noting that the interests and corrupt are the ones who control the scene.
The Kurdistan Parliament is asking to register a complaint with the Federal Court about the Financial Management Law of 2019
04-09-2019 12:59 AM
Kurdistan Parliament demanded in a statement on Wednesday, the President of the region to register a complaint with the Federal Court of Iraq, regarding the law of financial management of Iraq.
The statement said, the Finance Committee and the Economic Affairs of the Kurdistan Parliament, held a meeting and discussed the issue of registering a legal complaint with the Federal Court on the Iraqi Financial Management Act of 2019.
The statement pointed out that according to Article (112) of Law No. (1) of the 2005 Iraqi Constitution, it was decided to ask the President of the Kurdistan Regional Government to register a complaint with the Federal Court regarding the articles mentioned in the Financial Management Law, which violate the authorities of the Kurdistan Region.
The statement said, the Finance Committee and the Economic Affairs of the Kurdistan Parliament, held a meeting and discussed the issue of registering a legal complaint with the Federal Court on the Iraqi Financial Management Act of 2019.
The statement pointed out that according to Article (112) of Law No. (1) of the 2005 Iraqi Constitution, it was decided to ask the President of the Kurdistan Regional Government to register a complaint with the Federal Court regarding the articles mentioned in the Financial Management Law, which violate the authorities of the Kurdistan Region.
CBI & ISX:
CBI Update:
The CBI for Wednesday 9/4/19 did update on the indicative rates Sell Rate 1190
The currency auction is 213,536,397
There are 2 news and announcements.
The Central Bank Begins Steps to Join the Official Monetary and Financial Policy Forum (OMFIF)
The Central Bank of Iraq has begun the steps to join the official forum of financial institutions.
September 05, 2019The Central Bank Begins Steps to Join the Official Monetary and Financial Policy Forum (OMFIF)
The Central Bank of Iraq has begun the steps to join the official forum of financial institutions.
September 05, 2019The Central Bank Begins Steps to Join the Official Monetary and Financial Policy Forum (OMFIF)
The Central Bank of Iraq has begun steps to join the official forum of monetary and financial institutions (OMFIF), an independent global think tank for central banks, pension funds and financial institutions with investment assets worth $ 36.2 trillion.
Membership in this forum provides insight into the key topics of investment in two integrated channels of analysis and meetings, through high-level exchanges and content, as well as participation in meetings with the International Monetary Fund, the Bank of England and the German Central Bank.
The accession process also benefits from capacity building opportunities for mid-level and senior staff. OMFIF develops projects for members in London, Singapore, Washington and other global financial centers.
Membership in this forum provides insight into the key topics of investment in two integrated channels of analysis and meetings, through high-level exchanges and content, as well as participation in meetings with the International Monetary Fund, the Bank of England and the German Central Bank.
The accession process also benefits from capacity building opportunities for mid-level and senior staff. OMFIF develops projects for members in London, Singapore, Washington and other global financial centers.
Central Bank of Iraq
information Office
September 5, 2019
information Office
September 5, 2019
Public auction to rent restaurant CBI staff
The Central Bank of Iraq - Baghdad announces a public auction to rent a restaurant employee.
September 05, 2019The Central Bank of Iraq - Baghdad announces the holding of a public auction to rent a restaurant staff located in the building of the Central Bank in Rashid Street opposite the Arab market under the law of sale and rent No. (21) for the year 2013 On the ninth floor of the main building on Monday, 9/9/2019 at ten o'clock in the following conditions:
Withholding a certified instrument of the Central Bank of Iraq in the amount of (8,000,000) Iraqi Dinars, representing 20% of the bid amount estimated at (40,000,000) Iraqi Dinars annually.
Withdraw the original and photocopied official documents to bid with the health license (renewed).
Proof of similar works (restaurant or cafeteria lease).
The Central Bank of Iraq - Baghdad announces a public auction to rent a restaurant employee.
September 05, 2019The Central Bank of Iraq - Baghdad announces the holding of a public auction to rent a restaurant staff located in the building of the Central Bank in Rashid Street opposite the Arab market under the law of sale and rent No. (21) for the year 2013 On the ninth floor of the main building on Monday, 9/9/2019 at ten o'clock in the following conditions:
Withholding a certified instrument of the Central Bank of Iraq in the amount of (8,000,000) Iraqi Dinars, representing 20% of the bid amount estimated at (40,000,000) Iraqi Dinars annually.
Withdraw the original and photocopied official documents to bid with the health license (renewed).
Proof of similar works (restaurant or cafeteria lease).
Bidders have the right to check the location of the restaurant and during the period of the announcement with the sale and rental committee.
The bidder who wins the bid shall bear the fees of publishing the ad.
The bidder who wins the bid shall bear the fees of publishing the ad.
The Central Bank begins the steps to join the official forum of monetary and fiscal policies
Release date:: 9/5/2019 10:04 • 118 times read
The Central Bank of Iraq has begun steps to join the official forum of monetary and financial institutions (OMFIF), an independent global think tank for central banks, pension funds and financial institutions with investment assets worth $ 36.2 trillion.
"Membership in this forum provides insight into the key topics of investment in two integrated channels of analysis and meetings, through high-level practical exchanges and content, as well as participation in meetings held in cooperation with the IMF," the bank said in a statement. International Bank of England and the German Central Bank. "
“The accession process also benefits from capacity-building opportunities for mid-level and senior staff. OMFIF is developing projects for members in London, Singapore, Washington and other global financial centers.”
“The accession process also benefits from capacity-building opportunities for mid-level and senior staff. OMFIF is developing projects for members in London, Singapore, Washington and other global financial centers.”
Rafidain: Our branches are authorized exclusively to grant advances electronically to employees and retirees
Release date:: 9/5/2019 9:58 • 153 times read
BAGHDAD: Al-Rafidain Bank announced on Thursday that its branches are the only entity that gives advances to employees and retirees.
The bank's media office said in a statement received (Euphrates News) a copy, that "the granting of advances to retirees and employees of the endemic state salaries with the bank is through its branches, which is the only authorized to grant."
The bank warned against "dealing with any party that claims to give advances for certain amounts and is not responsible for any entity that lends to the employee or retired."
He called for "not to believe the rumors and false news promoted by some social networking sites regarding the granting of advances to a certain category and must adopt the social networking sites of the bank to see the activities and news of the bank to launch advances and loans."
The bank warned against "dealing with any party that claims to give advances for certain amounts and is not responsible for any entity that lends to the employee or retired."
He called for "not to believe the rumors and false news promoted by some social networking sites regarding the granting of advances to a certain category and must adopt the social networking sites of the bank to see the activities and news of the bank to launch advances and loans."
Value Traded
155,194,090
Shares Traded
190,186,243
ISX ended in Green
Catnip:
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ARTICLE 1 (from PM Mahdi's website
At the time this report was submitted, there are no new articles posted on PM Mahdi's website.
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ARTICLE 2 (from Government of Iraq twitter account)
At the time this report was submitted, there are no new tweets posted on the Government of Iraq twitter account.
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ARTICLE 3
Closer to Baghdadi confirms the suffering of ISIS leader from health problems .. And tells the differences of the organization
September 5, 2019 - 11:50 am
- Baghdad / Step PressBefore its defeat and expulsion from the cities, the Islamic State terrorist organization witnessed in recent periods sharp differences raged and reached the point of the coup of the leaders of foreign fighters and Arabs, especially Tunisian fighters and the most prominent reason for this was the disappearance of the “caliph” terrorist Abu Bakr al-Baghdadi .The disagreements have had an impact on al-Baghdadi, who remained in his "usual calm". He had to wear out fatigue and fatigue, according to a close associate, as well as health problems, such as surgery on his left ear in the Syrian area of Bu Kamal.Terrorist Rabah Ali Ibrahim Ali Al-Badri, cousin of ISIS leader Ibrahim Awwad Ibrahim Ali Al-Badri, Abu Bakr Al-Baghdadi and his cousin, a childhood friend who worked in the so-called Agricultural Bureau, is one of the most important financial resources of the terrorist organization.In his confessions before the Karkh Investigation Court specialized in terrorism cases, the terrorist tells the most prominent thing that he had with his cousin in the only meeting that they have gathered since the declaration of the “Caliphate State”. Pursuing him or revealing his whereabouts."I was close to Baghdadi. We grew up together from childhood and parted in the late 1980s when he moved to Baghdad to study for his doctorate," said Rabah."Baghdadi was calm and away from extremist and extremist ideas. He was arrested in 2007 by US forces and placed in Bucca detention center. He was released from detention in 2008, and then I met him. The last meeting was before he took over the Islamic State. "I learned after 2010 that he had been chased for his involvement in the ranks of terrorist organizations."“I used to live in al-Dur district in Salah al-Din at a time when ISIS claimed control of some governorates and cities. Three of my six children belonged to ISIS because most of the inhabitants of the area we live belonged to and echoed the allegiance and then moved to the land of empowerment; The allegiance there before the legitimates of the state and the Abu Abu Mustafa sales, ”recounts the terrorist.In his confessions before the judge in charge of the cases of the Iraqi National Intelligence Service, who investigated Rabah with all the legal guarantees, “I was appointed to work in the Agricultural Bureau / Animal Resources Department where my work was limited to raising sheep and livestock and selling them and sending money to Beit Al Mal for disposal. “The SAI was an important financial resource for the organization as well as other resources,” he said.He added, "My three children worked in military detachments within Ninewa province and were assigned duties against the advanced Iraqi military forces and engaged with them after the orders of the governor of Nineveh at the time to dissolve all administrative formations and placement of its fighters to the military detachments as the forces advanced to liberate the city.""When the city of Mosul was liberated by Iraqi forces, we moved with our families to the Euphrates province and worked there in the Agriculture Bureau as well. After the advance of the forces for the liberation of Anbar province, we moved across the border to Syria in the Shu'fah area specifically."Regarding his attempts to meet his cousin Baghdadi, the terrorist speaks Rabah “We received many warnings and prevented from trying to approach or meet Caliph Abu Bakr al-Baghdadi as his relatives by his brother in charge of protecting him and his bodyguard for fear of being pursued by the security services or knowing his whereabouts. Even talking about it. ”Rabah pointed out that "one day while I was in one of the role in the area of Shuafah, a terrorist Ahmed Abu Bakr al-Baghdadi's brother and his bodyguard accompanied me and someone I do not know Yakuni Abu Hajar and asked me to go with him to a place he did not specify."“I rode the wheel, a Kia carrying and blindfolded me so I could not see the road or the place we had gone to. After we arrived, my eyes were surprised by the presence of my cousin and childhood friend Abu Bakr al-Baghdadi. ”.“Abu Bakr used to live in a simple, small house of no more than 150 meters, and he was accompanied by an Arab man who appeared to be an Algerian (Saudi). He started asking me about my news and the family's fate and asked me to move the families to a safe place for fear of being hated. The battles are intensifying as well as the disagreements that are raging in the organization. ”"I told Caliph Abu Bakr that there were sharp disagreements that struck the organization because of your disappearance or delay in appearing on the scene and the claim of Arab fighters that there was no Khalifa," he said. "Where is the Caliph?" He asked.He pointed out that "Baghdadi told me the text that we drowned people who work against us and that he was aware of everything that happens, these differences began to intensify until the evolution of the matter to the stage of the coup led by foreign and Arab fighters," noting that "the most prominent who was promoting differences and claims not to The presence of Khalifa are Tunisians in the ranks of the organization, and we also suffer from the Saudis who are involved in the ranks of the organization for their extremism and exaggerated extremism.Rabah pointed out that "the caliph had to wear fatigue and signs of aging and was suffering from pain as a result of the surgery he performed in his left ear in the Syrian area of Bou Kamal.""Baghdadi was not far from the Syrian Shafa area, where it took us time to get to the place where he was staying for 10 to 15 minutes from his whereabouts until he reached it, which indicates that the place was not far away or at least outside the area.""Abu Bakr al-Baghdadi let me go out in the same way that I went blindfolded. He honored me with money and I was the only one of my relatives I met, the first and last meeting after Abu Bakr al-Baghdadi became the leader of the Islamic State.
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ARTICLE 4
A gang of six girls and two men who trade in human organs are arrested in Baghdad
Release date:: 9/4/2019 16:12
[Baghdad-Where]
A security force has arrested a gang trafficking human organs in Baghdad.
A security force has arrested a gang trafficking human organs in Baghdad.
According to a statement issued by the Baghdad Operations Command, where the agency received a copy of it, "was arrested a gang of trafficking in human organs composed of eight accused, including six girls in the people of the people by a joint force with a detachment of the Department of Combating Human Trafficking / Rusafa office."
The Baghdad Operations Command, announced on August 28 last arrest a number of wanted for crimes of human trafficking in the side of Karkh, including nine people, including six women and three men within the Saydiyah area on charges of human trafficking.
"Ten women were arrested in the media area on charges of human trafficking," he said.
CHATTER
Mnt Goat We made it to September and still no reinstatement. However, we do know we are at the cusp of the launching of the second set of smaller categories, this time in coins. It is coming soon. Just remember what I have told you about the process of “deleting the zeros” and what exactly is involved...This process of “deleting the zeros” alone does not get us to the banks to exchange. ...In fact it won’t really mean much to us in Iraq but it is an indicator to us of what is to follow. What will get us to the banks (and allow the banks to exchange) is the “reinstatement” of the Iraqi dinar on the global currency markets namely FOREX. There is nothing else that is going to allow us to exchange.
Kaperoni People want to associate me with some float theory. It's not a theory it's what the IMF has specifically asked the CBI to prepare for in 2013. That is a fact and subsequently the CBI has been making significant changes with monetary policy and economic conditions to accommodate such a move. That is a fact. That is not my theory. ...why would Iraq be working so hard to create a market economy and get private investment if they did not plan to follow the IMF directive to float the dinar? I believe that is why we have not seen the CBI do anything as of yet...The conditions for the float are not in place...meaning the laws and investment. ...People tell me all the time...We don't trust the IMF. Or what proof do we have the IMF is in charge. etc. Well my question is...when has the IMF been wrong with Iraq? When has Iraq not done what they IMF asked?
Adam Montana ...OIL has flattened out around $56. This is key to the coming weeks, where HCL is expected to be a key topic. If OIL was going nuts, we couldn't expect any solid HCL progress... Next - delays, holidays, corruption, oh my! ...There are times when I read the news and I think "this isn't going to help" - but there are other times when we can see a story and even though it uses the words "delay" or "holiday" or (*insert anything here), that doesn't mean "all is lost". I think it's more important to have a "big picture" mentality. If you adopt that, you'll realize that the more news we are seeing about "Oil and Gas", which is precisely the topic we want to hear about... the more we hear about it, the more we are going to see the words "delay", "issues", etc. My point is that if we are hearing those words more than we usually do... this is actually a GOOD thing. It means they are paying attention, my friends. It means they are actually working on the important stuff. That's enough to make me happy on this particular Wednesday.
Frank26 What did we say that would be happening right now? A massive campaign of education to the citizens. You see it don't you? This massive campaign to get the message across to the citizens has been extremely successful...
MarkZ My redemption center contacts are still at work waiting and expecting. They also work as wealth managers so try to keep busy. I have 4 contacts (boots on the ground) in Iraq. I hear there is a lot of articles out to educate the Iraqis…but no physical coins released yet. My contacts still expect the new rate at any time. I think we will have a great week this week. I know you guys are tired of hearing this...but based on everything happening... this is how I really feel.
Vital Brad [dinar exchange process] ...there's lots of different information coming out from different gurus. When
Iraq's currency is reinstated...All major cities have a place where you can go exchange and deal in foreign currency. So
you just go look up your local Forex banks in your area and you're gonna be able to trade it right there at the going rate...when you're dealing with large amounts of money there may be a restriction on withdrawal time. They may need
time to get the funds...IMO there isn't gonna be a need to go to a specific location...I don't believe there's gonna be
different rates that are offered...I've heard by calling these specific numbers you're gonna get a special higher rate than everyone else, I don't believe that to be true...I don't think it's gonna be as complicated as some people are making it
out to be...
MilitiaMan Article: "Parliament holds its first legislative session after 10 Muharram"
MilitiaMan Article: "Parliament holds its first legislative session after 10 Muharram"
Quote: "Chapter III will be dedicated to controversial laws that were not agreed upon during previous sessions, such
as oil and gas laws and the abolition of the offices of general inspectors and the Federal Court and other laws," ...they extend the session to apparently cover Mahdi's past pledge to the people...to have the reforms done in the current
legislative period...which falls within the next 7 days...That means to me they will have to have the reforms such as the
Oil & Gas done before they end the current session, the next session begins after the 10th of September. That requires
imo an international rate to be done and applied, hence, the extension has been noted publicly today.
MarkZ Wednesday Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisionsMZ: Mr. C and I are a little salty today because we haven’t seen it yet.
MZ: No reports on Zurich yet this morning….but contacts do expect them still today
Member: I HAVE HEARD FROM SWITZERLAND THAT THERE IS A GO THIS WEEK
MZ: No verified package deliveries yet but we are still being told this is the week
MZ: In Japan I hear 2 former big wig bad guys were taken to gitmo…..could this be the start of declass and the take down?
MZ: My paymaster still expects to be done and leave Reno forever by this weekend
MZ: My redemption center contacts are still at work waiting and expecting. They also work as wealth managers so try to keep busy .
Nflemingjr: WE ARE BEING TOLD THAT THE INFORMATION COMING OUT TODAY WILL BE VERY GOOD WE JUST HAVE NOT RECEIVED IT YET IT IS A LITTLE EARLY. WE HAVE TO WAIT FOR THE WEST COAST TO WAKE UP
Member: I am hoping that since the corporate Fiscal year is coming to an end on 10/01 ... as it always does... that is the time to have this all finished... so let's start this by 9/11 President #Trump2020
Mod: HIGH EXPECTATIONS THIS WEEK. PERSONALLY LOOKING AT THESE DATES. 9/5, 9/11, 9/21-22
Member: Bruce says Iraq parliament has nothing to do... 150 laws need to be approved but they have to wait until new rate comes out
Member: Bruce said hold up was 259 arrests in Zurich for phony Zim
Member: heard that 250 arrests were made at a Zim Swap, due to a lot of the Zim bond sheets were counterfeited. Did you hear about this Mark?
MZ: I also heard that from my source…I heard the bad Zim came from China.
Nflemingjr: FOR THOSE THAT KNOW ABOUT THE BUSTS THAT TOOK PLACE YESTERDAY ON THE ZIMS SHOULD MAKE EVERYONE VERY HAPPY. IT WILL GIVE YOU BETTER RATES BECAUSE THEY ARE GOING TO NEED YOUR ZIMS.
Member: : MarkZ please take note Trump issued Executive Order on Establishing the National Quantum Initiative Advisory Committee INFRASTRUCTURE & TECHNOLOGY Issued on: August 30, 2019
Member: We need someone on the ground in Iraq to verify new coins, etc.
Member: Iraq cannot issue coins until they post Revalue
Member: Why would Iraq roll out Coins & FILs worth 1/1000 of a Dinar if the Value wasn't about to LAUNCH
MZ: I have 4 contacts (boots on the ground) in Iraq. I hear there is a lot of articles out to educate the Iraqis…but no physical coins released yet. My contacts still expect the new rate at any time.
Member: Frank 26 is having a hard time hiding the exceedingly wide grin lately...
MZ: The Grand jury to find out why the CMKX and other payouts have not been paid and to get to the bottom of the reset is still sending out subpoenas and assembling witnesses…..this takes time.
Q: Do you really think we will have a great Christmas this year?
MZ: I think we will have a great week this week. I know you guys are tired of hearing this…..but based on everything happening…..this is how I really feel.
Mod: THE PLAN WAS NOT TO LET ANYONE KNOW THE DATE....THEY DID A GOOD JOB..YET WE GET CLUES AND CRUMBS
Member: Mark this was from Bruce on Intel: The Zim platforms, based on Zim swaps in Zurich, London and Hong Kong, had been transitioned over the last three days and 84% of the Zim boxes were found to be counterfeit. As a result, 250 people were arrested – another reason for the delay. Bank sources have said that this would go this week. Release of the 800#s could come around lunchtime tomorrow Wed. Sept. 4 and you might be able to set appointments by tomorrow afternoon Wed. Sept. 4.
MZ: I don’t like to comment on others intel……I want to avoid circletel ……
Member: https://nypost.com/2019/08/
Mod: https://www.gold.org/
Mod: IRAQ HISTORY EXCHANGE https://www.
Mod: https://www.slideshare.
Member: Top of the Morning!! Watch Greg Hunter W/ Wayne Jett!! Awesome news and perspective: https://www.
Member: JUDY SHELTON, BIX WEIR AND OTHERS ARE POINTING TO THE GOLD STANDARD. WE HAVE TO GO TO THE GOLD STANDARD
https://centralbankgold.org/
Member: ALL YOU NEED TO KNOW ABOUT THE GOLD STANDARD By Nathan Lewis https://
mod: Central banks https://www.gold.org/
THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE
Your straw man (Strawman) is an artificial person http://freedom-school.
MZ: Video on PP’s and Farm claims: https://www.youtube.
Mod: Dr Shabibi answering questions https://www.youtube.
IF THE INTERNET GOES DOWN MARKZ NEW NUMBER Emergency number (712) 770-5028 Code:648989 Playback number (712) 770-5066
MarkZ theoriginalmarkz@gmail.com Website https://www.
MZ: I will see you all Thursday morning 10 AM est unless something big happens tonight.
Note: Please listen to the replay for all the details….Chat moves very fast…and MarkZ speaks quickly.
Twitch: https://www.twitch.
Youtube: https://youtu.be/
https://www.youtube.com/
Mod: https://www.gold.org/
Mod: IRAQ HISTORY EXCHANGE https://www.
Mod: https://www.slideshare.
Member: Top of the Morning!! Watch Greg Hunter W/ Wayne Jett!! Awesome news and perspective: https://www.
Member: JUDY SHELTON, BIX WEIR AND OTHERS ARE POINTING TO THE GOLD STANDARD. WE HAVE TO GO TO THE GOLD STANDARD
https://centralbankgold.org/
Member: ALL YOU NEED TO KNOW ABOUT THE GOLD STANDARD By Nathan Lewis https://
mod: Central banks https://www.gold.org/
THE INFORMATION PROVIDED IN THE STREAM IS IN MARKZ OPINION - INFORMATION PROVIDED IS BY VETTED CONTACTS - INFORMATION CAN AND MAY CHANGE AT ANY TIME WITH OR WITHOUT NOTICE
Your straw man (Strawman) is an artificial person http://freedom-school.
MZ: Video on PP’s and Farm claims: https://www.youtube.
Mod: Dr Shabibi answering questions https://www.youtube.
IF THE INTERNET GOES DOWN MARKZ NEW NUMBER Emergency number (712) 770-5028 Code:648989 Playback number (712) 770-5066
MarkZ theoriginalmarkz@gmail.com Website https://www.
MZ: I will see you all Thursday morning 10 AM est unless something big happens tonight.
Note: Please listen to the replay for all the details….Chat moves very fast…and MarkZ speaks quickly.
Twitch: https://www.twitch.
Youtube: https://youtu.be/
https://www.youtube.com/
Sam Oliver : The question isn't "if" it's how much will the rate cuts effect us. It's needed as well. Here is why. America is a
manufacturing country, and manufacturing is slowing down. The latest PMI (Purchasing Managers' Index) is a tool used to assess
marketing trends and patterns where money is possible. Right now, it is below 50. This is considered bad and represents a slowing
down economy. Essentially, there are no buyers at the top going into business and the ones in business are slowing down. It is
something to think about as people kick start new adventures. You may have noticed changes in items you see in some stores. Only
the tried and true items are being stocked at this point. No extra choices for the few. At this point, stock is determined by what will sell.
Not what we are used to is it. Well, it isn't the same world anymore either. In a fiat world, supply and demand isn't as important as
supply and the choices that come with that philosophy. In a gold standard, choices are determined by equal opportunity with solid
prices the general public can afford. It's the new world we live in for now, and the markets will soon reflect it. We are in the midst of a
global financial reset and some things do take time. Massive movements such as this require momentum changes and lots of liquidity.
It can come in the way we are presently seeing through interest rate cuts, along with, a change in prices on the markets and currency
rates with more purchasing power. We are in the midst of the first two, and the last on is coming.
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