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Iraq and China… huge agreements on reconstruction projects and infrastructure
10/09/2019 43
Kalkamsh Press / Baghdad
A senior official in the Secretariat General of the Council of Ministers, said that "the visit will be the announcement of the launch of a new phase of economic, trade and investment relations with China."
The official, who spoke on condition of anonymity, told Al-Arabi Al-Jadeed that eight huge agreements were signed concerning projects in housing and infrastructure, especially in the destroyed cities, rehabilitation of Iraq's factories stalled since 2003, as well as scheduling debts owed by Iraq in favor of China, acquired by Iraq in the past six years.
While member of parliament Salam al-Shammari, that "the upcoming visit of the Iraqi prime minister is economic, but it may also carry political messages for this sudden trend towards China."
Al-Shammari said: “We need China at the moment to rise rapidly in several areas of construction and economic, and we have great potential to achieve any agreement with them, and entering China means creating huge jobs in Iraq that will reflect positively on the problem of unemployment and poverty, as well as the speed of completion of work The possibility of their entry and adaptation to the Iraqi situation. ”
Dhi Qar announces the success of its security and service plan for Ashura
2019/09/10 12:15:46 PM Print 35
Baghdad / Al-Ghad Press:
Dhi Qar Governor Adel al-Dakhili announced on Tuesday the success of the security and service plan set by the provincial administration to ensure the successful commemoration of the tenth anniversary of Muharram.
"The security plan was implemented by more than 20,000 members of the army, police, national security, intelligence, intelligence, popular mobilization, civil defense and traffic," Dakhili said in a statement.
He added, "and participated all service departments to ensure the needs for the processions participating in the consolation Husseini held in more than twenty administrative units within the formations of the province."
He explained that "the plan succeeded after being applied literally, without recording any security breaches or service problems in this aspect," noting that "security measures were not complex, but characterized by smooth and smooth."
The night of the tenth of Muharram witnessed the participation of hundreds of thousands of people from the province of Dhi Qar in the commemoration of this occasion in various districts and districts of the province, as well as the center of the city of Nasiriyah through processions, bodies and councils Hassania.
MP: All Kurdish parties support and support the government of MahdiPolicy, security and economy
10/09/2019
Kurdistan Democratic Party (KDP) MP Shirzad Kassem said on Monday that all parties in the Kurdistan region, including the Democratic Party, are supportive of Prime Minister Adel Abdul Mahdi and his government.
Qassem pointed out in his reform of the al-Marbad that Iraq is going through a very critical stage of the declared dispute between America and Iran, so it is necessary to maintain the balance of the government in order to get Iraq unscathed from the repercussions of this dispute. He called on parliament to not exploit its oversight role to achieve its interests, which he described as distress and must exercise its oversight role professionally.
This revealed a member of the National Coalition MP Abdul Khaliq al-Azzawi, on Sunday, that this week will see a meeting of political blocs to determine the period given to the government in preparation for its dismissal or not.
It is noteworthy that the MP for the coalition of Sairoun Riad Al-Masoudi was considered last Saturday in his statement to Almrabad government program for Abdul-Mahdi was born dead, noting that Sairon wants a prime minister to bear the burdens of the stage and be less losers and better vulnerable, while social networking sites reported last Saturday news about informed sources, To submit his resignation to the President of the Republic while no official statement was issued.
Karbouli discusses the files of security and services with elders and notables Hor Al-Basha and the good things
10-09-2019 12:07 AM
Orbit Agency -
Baghdad
A member of the Parliamentary Security and Defense Committee discussed the security and makhatat files with the elders and notables of Hor Al Basha and Al Khairat.
A statement from the Karbouli office received a copy of the orbit, as a continuation of the field visits in the framework of direct field follow-up with the citizens and tribesmen, a member of the Parliamentary Security and Defense Committee visited the area of Hor al-Basha in Taji, north of the capital Baghdad, and the good. He added, 'Karbouli discussed with them the files of security and services and what the region is experiencing problems', pointing out that 'and accompanied Karbouli in his visit to MP Laith al-Dulaimi'.
Iraq refuses the participation of the Israeli entity with any force under the pretext of protecting maritime navigation in the Gulf
2019-10-09
Cairo-Sana
Iraqi Foreign Minister Mohammad Ali al-Hakim has reiterated his country's rejection of any participation of the Israeli enemy entity in any "alliance" under any name the United States is trying to form under the pretext of protecting maritime navigation in the Gulf region.
The Iraqi News Agency quoted the Iraqi Foreign Ministry as saying in a statement that Hakim warned during his visit to the Iraqi embassy in Cairo that any presence of the Israeli enemy entity in the Gulf region "will be a source of concern in the region."
Iran and other countries have warned earlier that the accession of the Zionist entity to any force under the pretext of protecting maritime navigation in the Gulf will have serious consequences.
On the other hand, Hakim stressed the importance of activating the files of common interest between Iraq and brotherly countries.
Iraq chairs the 152nd ordinary session of the Arab League Council at the ministerial level
2019-10-09 | 16:51
Iraq will chair the 152nd ordinary session of the Arab League Council at the ministerial level, the Foreign Ministry said Monday. "Iraq, represented by Foreign Minister Mohamed Ali al-Hakim, will preside over the 152nd ordinary session of the Arab League Council at the ministerial level," the ministry said in a statement received. She added that al-Hakim will address the meeting and then hold a joint conference with Arab League Secretary General Ahmed Aboul Gheit after the end of the meeting. "The issues of the region, especially the Arab ones, and the importance of ending the crises in the region peacefully, and supporting efforts to combat terrorism." "The meeting will begin on Tuesday in the Egyptian capital Cairo," she said.
Kauaihn Iraq Articles:dd
Washington cuts the Damascus-Baghdad road
Tuesday, September 10, 2019
The postponement of the opening of the existing crossing point between Syria and Iraq, which was scheduled this week, because of raids carried out by Israeli marches against the positions of Iraqi groups in the Albukamal area of Syria, means that these raids achieved their objectives. It was no secret that cutting the Damascus-Baghdad-Tehran highway, Iran's “Highway to the Mediterranean,” according to Washington and Tel Aviv, is among the top US-Israeli priorities in Syria. Proponents of US troops staying in Syria after Trump's accomplishment of its main mission - helping to defeat ISIS - justified their position by stressing the importance of countering what they see as Iran's growing influence in the country, which extends overland through Iraq, one of its gates. , According to their claims. The border between Syria and Iraq, of course, allows for many other crossing points, but the reopening of al-Qa'im is of great symbolic and political importance, because it shows the success of the parties of the resistance axis in the renewal of geographical communication among them, in the context of the escalating confrontation with the United States and Israel, which are trying to prevent Without it.
In light of these data, the expansion of the Israeli aggression, which has included Iraq in recent weeks, has a different meaning from that which has been widely used in many analyzes. The raids, according to those analyzes, have "embarrassed" Washington before some of its Iraqi "allies," who in turn are in a difficult situation against the targeted "popular mobilization" forces. The same readings also suggested that Israeli attacks could jeopardize the lives and interests of US soldiers in Iraq, because the Hashd, in the words of one of its most important commanders, Abu Mahdi al-Muhandis, accused them of responsibility.
Karbouli discusses the files of security and services with elders and notables Hor Al-Basha and the good things
10-09-2019 12:07 AM
Orbit Agency -
Baghdad
A member of the Parliamentary Security and Defense Committee discussed the security and makhatat files with the elders and notables of Hor Al Basha and Al Khairat. A statement from the Karbouli office received a copy of the orbit, as a continuation of the field visits in the framework of direct field follow-up with the citizens and tribesmen, a member of the Parliamentary Security and Defense Committee visited the area of Hor al-Basha in Taji, north of the capital Baghdad, and the good. He added, 'Karbouli discussed with them the files of security and services and what the region is experiencing problems', pointing out that 'and accompanied Karbouli in his visit to MP Laith al-Dulaimi'.
Document .. Transferring Major Raed Shaker Jawdat from the Interior to the defense
10-09-2019 12:38 AM
Orbit Agency -
Baghdad
'Orbit' obtained a document issued by the Ministry of Defense and signed by Minister Najah al-Shammari stipulating the transfer of the services of Lieutenant General Raed Shaker Jawdat from the Ministry of Interior to the Ministry of Defense, with a functional grade and money allocation. The document pointed out that the relevant authorities and the content of the implementation of the content and provisions of the order. This document came after a period of dismissal of Jawdat from the post of commander of the federal police forces.
The government announced the suspension of official working hours on Tuesday on the occasion of Ashura
10/09/2019
Baghdad / News:
The General Secretariat of the Council of Ministers, Monday, announced the suspension of official working hours on Tuesday on the occasion of Ashura Imam Hussein (AS). The General Secretariat said in a statement received by Al-Akhbaria that it "announces the suspension of official working hours on Tuesday the tenth of Muharram Al-Haram to commemorate the martyrdom of Imam Hussein (peace be upon him) and the visit of Ashura." It is noteworthy that the government disrupts official working hours on the first and tenth of the month of Muharram on the occasion of the Islamic New Year and the anniversary of the martyrdom of Imam Hussein (AS).d Deputy proposes "privatization" as a solution to address the budget deficit
417 views A deputy of the Patriotic Union of Kurdistan, on Monday, a number of solutions to reduce the deficit budget next year, stressing the importance of going to "privatization" through the transfer of many institutions from the public sector to the private sector and put them for investment.
Jamal Mohammed Shakur said in an interview with Alsumaria News, "Integrity Committee in ongoing dialogues and discussions on the federal budget for the coming year in order to address the previous problems and find positive solutions to serve the general situation of all sectors," noting that "the budget deficit estimated in accordance with the expectations to be very large But it can be reduced, inter alia, to combat corruption and strengthen the collection and full control of border points, in addition to solving the problem of space in some security institutions.
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
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GLOBAL/NEWS/INFO
3 Things to Do if You're in Your 50s With No Retirement SavingsIt's not a great situation -- but it's one you can salvage if you're willing to make the effort.
Read in The Motley Fool: https://apple.news/ 10 Things to Know for TodayAmong 10 Things to Know: Trump's latest pursuit of a foreign policy victory falls apart, Hong Kong warns the US to stay out of its affairs, Tom Brady and the Patriots blow out the Pittsburgh Steelers, Congress returns to legislative 'graveyard' Read in ABC News: https://apple.news/
Good Morning from CNN
Here’s the biggest news you missed this weekendAntonio Brown, peace talks with Afghanistan and vaping: Here's the weekend's top news. Read in USA TODAY: tps://apple.news/
OIL/COMMODITIES/ENERGY
Gold - The $1,600 Per Ounce TargetThis week’s highs were next week’s lows.A spectacular rise from the April low.Markets rarely move in a straight line.This time could be different.Gold mining stocks outperform on the upside; leverage on dips to turbocharge performance.
Read in Seeking Alpha: https://apple.news/AmxTFiS_ PRECIOUS-Gold inches up on hopes of economic stimulusGold prices edged higher on Monday, after falling nearly 1% in the previous session, on expectations of monetary policy easing by the world's major economies amid soft economic data, although an uptick in equities limited gains. Read in Reuters: https://apple.news/ 'Gold is the way to go' as interest rates fall, says Mark MobiusVeteran investor Mark Mobius is bullish on gold as central banks around the world cut interest rates. Read in CNBC: https://apple.news/ Silver Weekly: Don't Be Spooked By The Rising VolatilitySIVR has experienced a surge in volatility since our previous weekly update (August 30, 2019) due to the sudden unwinding of risk-unfriendly positions as a result of increased optimism over US-China trade.Silver’s spec positioning (as of August 27) is light despite its notable improvement since June.ETF investors bought silver in August at the largest pace on our records.The fundamental narrative for owning silver remains in place in September - we retain our SIVR forecast of $17.00-20.00 per Read in Seeking Alpha: https://apple.news/ Silver And Gold Spread Outperforms Gold In Historic Bull MarketsThe Silver/Gold spread has outperformed a long gold position during the record high runs in 1980 and 2011. The spread can provide downside protection if precious metals turn lower. The spread moved to the lowest levels in decades and might be turning higher. Downside risk might be small compared to upside potential if gold and silver are making a run to new highs. Read in Seeking Alpha: https://apple.news/
Energy & Precious Metals - Weekly Review and Calendar Ahead
By Barani Krishnan Investing.com - Another week, another sterling crude draw and the best weekly gain since July for the U.S. oil benchmark. All these may make crude appear like a...
Commodities In Major Consolidation Going Into 2020Commodities are typically extremely volatile. Not so in the last 3 years. With the exception of 2 major rallies in precious metals (as per our gold forecast and silver forecast). Commodities as an asset class are ‘in no man’s land’ for a while now. And that’s fine, investors should respect this. Remember, the market does not care about investors, so the message of the commodities chart is to give this market the time it needs to consolidate. Don’t try to outsmart but only accumulate sporadically Read in InvestingHaven.com: https://apple.news/Acrm-
BANKS/BANKING/CREDIT
Central bankers now know: hang together or most assuredly hang separatelyThe Federal Reserve has cut rates because of a darkening global outlook, which will prompt the European Central Bank to cut rates, which will prompt the Bank of Canada to cut rates, and on and on. Read in MarketWatch: https://apple.news/ John McDonnell threatens to END huge bankers' bonusesLabour MPs are preparing to force British banks to stop paying their employees bonuses on top of their salary if the party wins the next general election, says John McDonnell. Read in Daily Mail: https://apple.news/A2ULs8_ China Loosens Lending Restrictions, Turns on Debt SpigotA man walks past the headquarters of the People’s Bank of China (PBoC), the central bank, in Beijing on Sept. 28, 2018. News Analysis China announced fresh, deep cuts to bank reserve requirements in an effort to provide more economic stimulus and increase liquidity as economic slowdown worsens. The People’s Bank of China (PBoC) said on Sept. 6 that it would cut the amount of reserves banks are required to hold—the required reserve ratio (RRR)—thereby increasing their ability to lend by 900 Read in The Epoch Times: https://apple.news/ What’s Driving The Digital Banking Boom In Latin AmericaLatin America has one of the highest adoption rates of smartphones globally, after North America and Europe, which is creating numerous opportunities for financial institutions to reach more consumers. Read in Crunchbase News: https://apple.news/ Dubai's Emirates NBD close to hiring banks for $2bn rights saleThe bank last year proposed selling new shares to help fund the acquisition of Turkey’s Denizbank AS Read in Gulf Business: https://apple.news/A5ZxwM- Bank regulatory revisions pose dangers and could lead to financial crisis: criticsIs the US condemned to repeat the past? While the economy remains the strongest it has been in years, concern is growing that recent revisions to the country’s banking regulations could bring an end to the current record-long bull market. Critics are warning that those regulatory changes — scheduled to take effect on Jan. 1, 2020 — will greatly increase the risk of US taxpayer bailouts by allowing banks to return to the kinds of risky and lucrative proprietary trading in which they had been Read in New York Post: https://apple.news/ Mastercard betting on middle school girls to detect cyberthreats, protect dataMastercard is pushing hard to solve America's STEM crisis — and boost their own workforce — by showing 1 million middle school girls they have what it takes to play a pivotal role in the technology landscape of the future, particularly in encryption, fraud detection, biometrics and data analysis. Read in CNBC: https://apple.news/
TREASURIES/BONDS/STOCKS
Economic Calendar - Top 5 Things to Watch This Week
Investing.com -- Thursday’s European Central Bank meeting will be the highlight of the week, amid expectations for more stimulus to bolster the sluggish euro area economy....
Top 5 Things to Know in the Market on Monday
Investing.com -- The U.S. government sounds the alarm over e-cigarettes after a wave of acute and sometimes fatal lung failures, China's exporters feel the pain of President...
Weekly Commentary: $150 Billion Global Corporate Bond BingeThe S&P 500 jumped 1.8% (up 18.8% y-t-d), and the Dow gained 1.5% (up 14.9%).Three-month Treasury bill rates ended the week at 1.91%.Japan's Nikkei Equities Index added 0.2% (up 5.9% y-t-d).Total money market fund assets gained $16.8bn to $3.381 TN.The U.S. dollar index declined 0.8% to 98.012 (up 1.9% y-t-d). Read in Seeking Alpha: https://apple.news/ There's a Silver Lining for Investors Following Weak Jobs ReportHere's how to read complex economic data and how to invest for 2019 and 2020. The jobs data was weak, and the U.S. market was indicating it's certainly optimistic the Federal Reserve will implement accommodative interest rate policy in the near future. But how does an investor know this is the trend, rather than a blip on the radar? Institutional Investment Strategist Chris Macke has a clear answer for that. First, here's what the market told us Friday. After data showed 130,000 non-farm Read in TheStreet: https://apple.news/
CRYPTO / DIGITAL CURRENCIES
Turkish Takasbank Announces Blockchain Platform for Gold TradingTurkey's Istanbul Clearing, Settlement and Custody Bank (Takasbank) has announced its blockchain-based platform for trading physical gold. Dubbed BiGA, Takasbank’s new project aims to enable people to transfer physical gold stored at the Borsa Istanbul Stock Exchange (BIST), Turkey's sole exchange entity, through digitized gold units on a blockchain, the bank announced on Sept. 6. The units, which are similar in form and function to physically-backed stablecoins, have their value tied to the Read in Cointelegraph: https://apple.news/ Crypto News From the Spanish-Speaking World: Sept. 2–8 in ReviewThe Spanish-speaking world saw some major developments this week with Spain introducing a reinforced authentication system for payments, Mexico giving fines up to $47,000 for the unauthorized use of crypto and a South Korean blockchain delegation visiting Peru. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español. Mexico fines up to $47,000 for unauthorized use of crypto The Central Bank of Mexico will now impose fines up to $47,000 to Read in Cointelegraph: https://apple.news/Adjq- Crypto News From the German-Speaking World: Sept. 2–8 in ReviewThe German-speaking world continues to see lots of developments in the crypto industry, with the German government clarifying proposed regulations, Switzerland adding a new blockchain hub, while Bitcoin (BTC)-scammers are using Austrian celebrities in fake crypto ads. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph auf Deutsch. German government explains proposed regulations for crypto wallets and exchanges Cointelegraph auf Deutsch reported Read in Cointelegraph: https://apple.news/AvymzP4F2Q- Crypto News From Japan: Sept. 2–8Japan, one of the leading markets for cryptocurrencies, has seen a series of important developments for the cryptocurrency and blockchain industries this week. The country’s financial regulator, the Financial Services Agency (FSA), has licensed crypto-related businesses. Japanese Deputy Prime Minister and Finance Minister Taro Aso noted that regulators need to find new approaches to address emerging technologies like cryptocurrencies and blockchain. Here is the past week of crypto and blockchain Read in Cointelegraph: https://apple.news/AWms-K_ China says new digital currency will be similar to Facebook's LibraWould be able to be used across major payment platforms such as WeChat and Alipay. Read in iTnews: https://apple.news/ Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 TokensFrench hardware wallets manufacturer Ledger announced that its cryptocurrency management software Ledger Live now supports Ethereum (ETH) ERC-20 tokens. In a blog post published on Sept. 5, Ledger announced the version 1.14.0 of its Ledger Live software that now supports over 1,250 Ethereum-based ERC-20 tokens. The update has already been released for both mobile and desktop versions of the software. More assets to be supported in the future The Ledger Live application allows users of the Read in Cointelegraph: https://apple.news/ Famed Investor Mark Mobius Says Bitcoin Should Be Backed by Goldby Michael LaVere | 7 Sep 2019 Famed emerging markets investor Mark Mobius has taken the bitcoin as a ‘digital gold’ argument to the next level, claiming that the cryptocurrency should be backed by a precious metal to give it value. In an interview with CNBC’s Squawk Box on Sept. 5, Mobius told viewers that he was concerned about the risks involved with investing in bitcoin, including the lack of physical value underlying crypto-assets. The founder of Mobius Capital Partners was hesitant to Read in CryptoGlobe: https://apple.news/ Cryptocurrency This week: Gold-Backed Cryptocurrency, Jack Dorsey On Bitcoin And MoreRoger Ver-backed Bitcoin.com has launched its own cryptocurrency exchange. Interestingly, announcing the launch, the company has also promised that for the first three months, traders would earn the value of trading fees paid plus 0.3% of their total cumulative trading volume. The Bitcoin.com Exchange is currently supporting numerous cryptocurrencies including Bitcoin Cash (BCH), Bitcoin Core (BTC), Ripple(XRP), Ethereum (ETH), and Tether (USDT). Meanwhile, stablecoin may not be a right response Read in Inc42 Media: https://apple.news/ASowD1z-
CURRENCIES
Currency War Myths And TradesThe prevailing opinion is that emerging market currency has been hit hardest as investors’ risk appetite has declined.The hypothesis that developed market currencies are suffering less from the trade war than emerging market currencies seems to be sound.If recent history has taught us anything, it is that US-China trade relations can improve or deteriorate without any prior warning. Read in Seeking Alpha: https://apple.news/
Forex - Weekly Outlook: Sept 9 - 13
Forex Sep 08, 2019 12:28 GMT Investing.com - Investors will be watching this week’s European Central Bank meeting, as well as developments around Brexit and the intensifying U.S. - China trade war amid heightened concerns over the growth outlook for the global economy. The U.S. dollar was holding above one-week lows against a currency basket on Friday after a mixed U.S. jobs report for August reinforced the view of a slowing expansion and chances of more interest rate cuts from the Federal Read in Investing.com: https://apple.news/AwVuSVh_ Dollar Retreats After Jobs Miss And Higher Risk AppetiteThe U.S. dollar is lower against major pairs on Friday after the U.S. nonfarm payrolls came in lower than expected by 30,000 jobs.While not raising alarms as it still points to a solid employment sector, it does put more pressure on the Fed to cut rates when the FOMC meets on September 17/18.Incoming data next week would be crucial as inflation and retail sales are due on September 12 and 13.Risk appetite made a comeback this week as risk events eased with Hong Kong pulling its extradition bill, Read in Seeking Alpha: https://apple.news/ Pound rallies and FTSE 100 struggles as Johnson visits DublinMildly encouraging signals from U.K. Prime Minister Boris Johnson on a visit to Dublin on Monday lifted the British pound and weakened the top U.K. stock market index. Read in MarketWatch: https://apple.news/AzI-4- Pound to euro exchange rate: Sterling sees biggest weekly gains in months amid Brexit woeTHE POUND to euro exchange rate saw its biggest weekly gains since March in the first week of September. This came despite GBP’s struggles and dip on Friday. Politics continues to “dominate” sterling this week, so what does it mean for your travel money? The pound to euro exchange rate fell on Friday as the question of Brexit and the future of the UK raged in Parliament. Pressure on the pound came as the British high court deemed Boris Johnson’s decision to suspend parliament “entirely legal.” Read in Express: https://apple.news/ Forex - Euro Steady Ahead of ECB, Sterling SlidesForex Sep 09, 2019 07:48 GMT Investing.com - The euro was holding steady on Monday as investors looked ahead to a European Central Bank meeting later this week at which new stimulus is expected, while the British pound was pressured lower by Brexit uncertainty. The euro was little changed at 1.1029 03:41 AM ET (07:41 GMT) after falling 0.1% on Friday. The ECB is all but certain to approve new stimulus measures on Thursday to boost an ailing economy, but the exact composition of the stimulus Read in Investing.com: https://apple.news/
HEALTH / SCIENCE
Long-term care insurance costs are way up. How advisors can help clients copeClients seeking to head off steep nursing home costs in the future are facing rising expenses in the present. That's because the cost of their long-term care coverage is rising. Read in CNBC: https://apple.news/AJi72LjTQR- What Medicare for All would mean for the 60 million people already on MedicareMany Democrats running for the 2020 presidential nomination want to get more people insured by broadening Medicare to cover all Americans. Read in CNN Politics: https://apple.news/Ak_ 5 ways to combat burnoutBurnout is a reaction to chronic job stress characterized by three main dimensions: exhaustion, cynicism, and feelings of reduced professional ability. Read in Ladders: https://apple.news/A2HDJP- How a nearly brain dead 'miracle man' survived after being taken off life supportT. Scott Marr's family now calls him the "miracle man." Read in Fox News: https://apple.news/ You Guys, the Science Behind Weighted Blankets Is Actually FascinatingWeighted blankets are good for more than just keeping you warm and cozy while you sleep. There's actually quite a bit of science behind why they work, especially for people with anxiety. A weighted blanket is exactly what it sounds like: a heavy blanket with evenly distributed weight throughout that ... Read in POPSUGAR: https://apple.news/ World's largest research centre to look into surprising health benefits of psychedelic drugsThe world's largest pyschedelics research centre has been launched to examine whether the drugs can treat conditions such as depression and opioid addiction, after tech entrepreneurs helped fuel a renaissance of interest in the field. Read in The Telegraph: https://apple.news/ Drug Trial Reverses Patients' Biological Age By Average of Over Two YearsSeptember 08, 2019 Scientists believe it may be possible to reverse a person's biological age with a combination of drugs and growth hormones, based on evidence presented in the results of a small clinical study. The study, which was conducted by geneticist Steve Horvath at the University of California, Los Angeles, effectively reversed participants' epigenetic clock by an average of two and a half years, the scientific journal Nature reported. Additionally, the patients' immune systems appeared Read in Newsweek: https://apple.news/Aidx3pJU-T-
USA / CANADA
Trump cancels secret meeting with the Taliban at Camp David after deadly bombings The meeting would have been a major breakthrough in the peace negotiations. . Read in ABC News: https://apple.news/ Jobs Report Sends Mixed SignalsU.S. nonfarm payrolls added 130,000 jobs in August, below the consensus expectation of 158,000.Despite the slowdown in jobs growth, hourly earnings rose, the length of the workweek increased, the unemployment rate held steady and the participation rate rose.Overall, the report provides mixed signals. Read in Seeking Alpha: https://apple.news/ The Infatuation With Negative YieldsAs the US sails into uncharted territory, the central bank might be the last ship keeping the economy afloat.The ongoing criticism of negative rates these days really does not hold water.There are a myriad of challenges that come about because of negative rates.But for a central banker, the prize is still generating growth in the economy, not just solving the problems of market participants. Read in Seeking Alpha: https://apple.news/A- American consumers are far from spent — and that’s a lifesaver for a wobbly economyThe big story to watch for the U.S. economy — really the only story — is the action of consumers. The fate of a record-long expansion depends on them. Read in MarketWatch: https://apple.news/
EMERGING MARKETS
Peruvians use brooms, shovels, branches to fight advancing wildfiresPeople in Peru took up brooms, shovels and branches on Sunday to fight advancing wildfires at the Ampay natural reserve in the Apurimac region of Peru. The country is battling nearly 150 fires, according to reports. Read in Global News: https://apple.news/ A Doctor Or Nurse Might Earn Just $6 A Month In VenezuelaThousands of medical workers have left the country. Those who remain at public institutions earn very low wages — and often have to moonlight to make ends meet. Read in NPR: https://apple.news/ Venezuela opposition parties back Guaido as congress chief in 2020Venezuelan lawmakers from small opposition parties on Friday said Juan Guaido should continue as head of congress in 2020, waiving their option to lead the legislature under an informal agreement to rotate leadership between parties. Read in Reuters: https://apple.news/ Brazil to hire short-term environmental enforcers following Amazon firesBrazil doesn't have the funding to hire more permanent environmental enforcement agents in the wake of surging Amazon fires but will contract local environmental police on a short-term basis, Environment Minister Ricardo Salles told Reuters on Friday. Read in Reuters: https://apple.news/ Hondurans feel fate of their unpopular president lies in USFrom the depths of Tegucigalpa's gang-controlled La Travesía neighborhood to the halls of their congress, Hondurans wonder how long the U.S. government can stick with their unpopular president Read in ABC News: https://apple.news/ Argentina miners hope for pragmatic Peronism amid project freezeWhoever wins next month's presidential election in Argentina will have to rely on commodity exporters to bring in much-needed foreign currency. The mining industry is hoping that will win them some concessions. Read in My San Antonio: https://apple.news/
MIDDLE EAST
Iran says Europe failing to save nuclear deal
The acting director-general of the United Nations nuclear watchdog is in Tehran for meetings after Iran announced it would begin using advanced centrifuges prohibited by its 2015 atomic deal with world powers
Read in ABC News: https://apple.news/
U.S. will sanction whoever purchases Iran's oil, no waivers will be restored: official
The United States will continue to impose sanctions on whoever purchases Iran's oil or conducts business with Iran's Revolutionary Guards and no oil waivers will be re-issued, a U.S. official told Reuters on Sunday.
Read in Reuters: https://apple.news/
Oil Minister Thamer Ghadhban says Iraq will cut oil output from October
Iraq's oil minister Thamer Ghadhban said it would reduce oil production from October.
Read in Reuters: https://apple.news/
Pipeline operator EMG signs terminal deal for Israel-Egypt gas exports JERUSALEM (Reuters) - The East Mediterranean Gas (EMG) pipeline operator signed a deal to use a terminal belonging to Israel's Europe Asia Pipeline Company (EAPC) for the... https://www.investing.com/ Turkey, US begin 'safe zone' joint patrols in north Syria Turkish and US troops run joint ground patrol of a so-called 'safe zone' in northern Syria
Read in ABC News: https://apple.news/
Kuwait's ruler, 90, in US hospital and cancels Trump visit Kuwait says its 90-year-old ruling emir has been admitted to a U.S. hospital after an earlier health scare and will cancel an upcoming visit Thursday with President Donald Trump.
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The Latest: Taliban say they think US will return to talks The Latest: Taliban say they think US will return to talks and that Trump's move hurts US Read in ABC News: https://apple.news/ AFRICA
The many failures and betrayals of Robert Mugabe to his people
One wishes one could say “rest in peace”. One can only say, “may there be more peace for Zimbabwe’s people, now that Robert Gabriel Mugabe has retired permanently”. Zimbabwe’s former president has died, aged 95. His failures are legion. They might start with the 1980s Gukurahundi massacres in Matabeleland and the Midlands, with perhaps 20... Read in Quartz: https://apple.news/ Who Was Robert Mugabe? Zimbabwe Divided After Death Of Controversial Ex-President Opinions are divided in Zimbabwe over the controversial legacy of former President Robert Mugabe, who died Friday at age 95. His supporters believe he protected the country from colonialism, while his detractors say his economic policies caused hyperinflation and high unemployment. Mugabe died in Singapore after leaving power in 2017 because of a military coup. Read in International Business Times: https://apple.news/ Zimbabwe: Robert Mugabe's Dead, but Zimbabwe's Woes Persist Zimbabwe's youth felt betrayed by the greed of Robert Mugabe and his generation. The former autocrat may be dead, but there are those in government who carry on his legacy, Blessing Vava writes in this guest commentary. It was a hot October night in 2009, and my fellow student leaders and I were taking public transport home after celebrating the birthday of a colleague's son. In our minds, the trip was to cap what had been a joyful day. None of us knew that events would take an unexpected turn Read in AllAfrica: https://apple.news/ Zimbabwe: Deepening Crisis - Time for Second Government of National Unity? Zimbabwe is going through its worst socio-economic and political crisis in two decades. Crippling daily power outages of up to 18 hours and erratic supply of clean water are just some of the most obvious signs. Meanwhile, an inflation rate of over 500% has put the prices of basic goods beyond the reach of most people. Hopes that the end of President Robert Mugabe's ruinous rule in November 2017 would help put the country on a new path of peace and prosperity have long dissipated. Efforts by his Read in AllAfrica: https://apple.news/
ASIA
China's trade with US shrinks as tariff war worsensChina's trade with the United States falls as they prepare for negotiations with no sign of progress toward ending a worsening tariff war that threatens global economic growth
Read in ABC News: https://apple.news/ China says August imports from US fall 22.5% amid tariff war, while exports to US fall 16%China says August imports from US fall 22.5% amid tariff war, while exports to US fall 16% Read in ABC News: https://apple.news/ China's tariffs on US food imports is helping these countriesAs the U.S. scrambles to find new buyers, China has turned to other countries for its food supply. Read in Fox News: https://apple.news/AFw-l7k- Japan's economy continues to grow, according to revised dataThe Japanese government has revised economic growth data for the April-June quarter, saying the growth had been slightly weaker than initially estimated Read in ABC News: https://apple.news/ Typhoon kills 5 in North Korea, 3 in South KoreaTyphoon Lingling kills five people in North Korea, three in South Korea Read in ABC News: https://apple.news/
EUROPE
UK worries Brexit could bring 'chlorinated chicken' from US Prospect of "chlorinated chicken" from the United States has the British agitated Read in ABC News: https://apple.news/ Ex-UK minister says Johnson not trying to get a Brexit dealA senior minister who quit British Prime Minister Boris Johnson's Cabinet says the government is making little or no effort to secure a Brexit agreement with the European Union, despite Johnson's insistence that he wants a deal Read in ABC News: https://apple.news/
Greece to submit request on early IMF loan repayment this week: PM
THESSALONIKI, Greece (Reuters) - Greece's finance minister will submit an official request to his eurozone peers this week to repay a loan to the International Monetary Fund,...
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Tuesday 9/10/19 did update on the indicative rates Sell Rate 1190
The currency auction is 251,246,860
There are no news and announcements.
Launch of a new meal of 25 million advance for employees
By AhadNA3 10/09/2019 11:16 AM |
Rafidain Bank launched a new meal from the advance of the employees of government departments. Which ranges between (5, 10, 15, 20, 25) million dinars through the international card MasterCard.
The bank's media office said in a statement received by Al-Ahd News that a new payment has been issued from the predecessors of the employees of the state departments to more than 5800 employees who have been resettled with the bank and received an electronic card.
The statement explained that "the payment of this advance was through the imprint of the customer and then informed the employee by sending a text message notifying him of the advance payment, after he completed all legal procedures to grant them and disbursed through electronic payment tools to which the financial balance has been filled."
ISX Update:
Click on link above for the latest update.
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
9-9-2019 Newshound Guru Kaperoni I have always said the pace of the appreciation on a float is based on how fast investment comes into the country. The faster investors bring money through the cbi's capital account to invest in rebuilding, etc. The more pressure it creates causing the CBI to allow the currency to appreciate. So it could make a big move in a relatively short period of time? Of course...That is what the balassa -Samuelson effect is...the directive from the IMF to float the currency is the safest and best solution for all of us to see the currency go up in value because a RV of any significant amount is not possible...a float is the only reasonable solution as requested by the IMF in 2013 as part of the Article IV Consultation...I wouldn't be in it if I believed in a LOP. But I do believe that anything other than a float is unrealistic at this point...
[Refernece Guru Chattels post below] 9-9-2019 Newshound Guru chattels Sounds as if they may require two lifetimes for the dinar to appreciate in the manner argued by [Guru] Kaperoni, but maybe that is our reality? [Reference Guru Kaperoni post from 9-9-2019 below.] 9-9-2019 Newshound/Intel Guru Mnt Goat What about getting HCL and article 140 completed? The HCL is already completed and has been passed since 2018, but not yet implemented fully and that is the problem. This too must be implemented and not just a law on paper. ...Iraq is NOT going to get back their global currency...unless they implement their constitution “fully”...There are two main areas of concern- Article 140 and HCL. Some say also judicial reform but this is also already underway...Many also say that the Iranian influence must be gone out of Iraq...As long as they are in Iraq the US will keep a military presence in Iraq. I do not believe this is going to stop the reinstatement. If it was, they would not have progressed to this point of launching the smaller, smaller category notes and coins. 9-9-2019 Newshound Guru Jeff All we need is a VP to finish the formation of the government? They have multiple positions to fill, Education, VP's, possible a few special grades. They'll need a few weeks to complete it...next session 9/14. 9-9-2019 Intel Guru MarkZ I am still stunned and surprised that we havn’t see it last week. I am hearing from my contacts in Iraq that they are starting a 2 week roll out starting tomorrow….including coins, lower denominations ect…I know many of you are concerned with rumors from other intel providers about lops ect…dont be. A Lop doesn’t even make sense…it won’t fix anything in Iraq... 9-9-2019 Newshound Guru Jeff ...squashing his [Guru Kaperoni's] entire theory of, 'oh, they have to float it because they have 74 trillion in circulation'...CBI already came out and said they're gonna pull that large amount out of circulation when the rate changes. Because most of that 74 trillion is outside of Iraq held by investors in other countries and the CBI does not give two craps about it...
9-9-2019 Newshound Guru Kaperoni ...dinar rates...in excess of $3...not possible. Iraq could never afford any such RV/RI. The only scenario where I could see such a thing is if they LOP first. I've already stated I don't believe that Iraq would LOP. That being said, the only thing they can do is raise the value gradually over time as I've discussed many times via a float. The reason why I say they will float is 1, the IMF specifically gave such a directive, 2 Iraq can't afford any other increase in value with so much currency in circulation, 3 have to reduce the currency which can't occur until after the value starts to rise. So we'll just have to wait and see how the next several months play out. But I know one thing if they're going to raise the value it's going to have to occur gradually..
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Mahdi's website; posted only on Arabic side, not on English side)
Prime Minister Adel Abdul Mahdi: Ashura commemorates us to uphold the values of sacrifice and redemption and face injustice and corruption
(The believers are men who believe what they have pledged to Allah, and some of them have spent their love, and of them who are waiting) and what has changed.
Sad hearts live and the people of our people and our Islamic nation commemorating the martyrdom of Habib Rasulullah peace be upon him and his family, Imam Hussein peace be upon him and a constellation of his family and companions in the event of timeless kindness, We share our people and our great references on this painful occasion that we remember in order to uphold the biography of the people of the house and the meanings of redemption, sacrifice and steadfastness on the principle and the face of injustice and corruption and all advocated and defended him and cited for him Imam Hussein, peace be upon him on the path of guidance and reform and high human values.
The land of Iraq, which is honored to host the pure bodies of the martyrs of the Husseini revolution receives millions of visitors who commemorate this anniversary from within the country and Arab and Islamic countries and various countries of the world and embraced by the holy city of Karbala in an unparalleled spectacle of generosity and hospitality that characterizes our noble people.
With preparations reaching the tenth day of Muharram, we must pay tribute to the efforts of our security services and the cooperation of all our armed forces to maintain security and stability. In addition to the efforts of the ministries of the State and its service institutions, volunteers to serve and procession owners, and the cooperation of citizens in abiding by the instructions aimed at achieving the flow of the movement and securing the visit ceremony, Dear Almighty, May our people and all visitors keep them safe and secure in their homes and countries and bless our people with the blessing of security and stability, and our martyrs with mercy and paradise.
Peace be upon the martyr Hussein and martyrs in his hands.
We belong to Allah and to Him we shall return .
Prime Minister
Commander in Chief of the Armed Forces
9-Sep-2019
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ARTICLE 2 (from Government of Iraq twitter account)
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ARTICLE 3
President of the Republic: the victory of Iraqis over ISIS embodies a glimpse of the values of the Hussein revolution [p]
9/9/2019 16:41
[Follow-up]
The President of the Republic Barham Saleh, Monday, that Imam Hussein (peace be upon him) always calls us for freedom and good and raise awareness to the level of the current political and social challenge, and renounce violence and love of the homeland and complete the reform project.
Saleh, who participated in the Ashura ceremony at the Barzanja Mosque in Iraqi Kurdistan, said on Monday that "evoking unique personal values throughout history, such as the Imam of the Free, calls for talking about his Islamic ethics and human ideals in overcoming serious challenges."
He added that "the Iraqi response to ISIS terrorism and victory over it embodies a glimpse of the values of the Hussein revolution."
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ARTICLE 4
Barzani: Our talks with Baghdad continue to reach an agreement that guarantees the rights of the Kurds
9/9/2019 16:46
[Erbil-Wayne]
The head of the Kurdistan Regional Government, Masrour Barzani, said Monday that talks with Baghdad are continuing to reach an agreement that guarantees the constitutional rights of the Kurds.
According to his media office in a statement received (Euphrates News) a copy of it, "The President of the Kurdistan Regional Government Masroor Barzani, received today, the Special Representative of the Secretary-General of the United Nations in Iraq, Jenin Hennes-Blachart."
He added, "The meeting was discussed during a number of developments in Iraq and the region." He continued, "The President of the Kurdistan Regional Government highlighted the relations between the Kurdistan region and the federal government," pointing out that "the meeting dealt with the situation in Kirkuk, and converged views on the importance of the implementation of Article 140 of the Constitution and the normalization of the situation." Barzani said, "Our talks with Baghdad are continuing, and our main goal is to reach an agreement that guarantees our constitutional rights." "Despite the difficult economic situation, the KRG remained a safe haven for receiving displaced persons and refugees and providing them with the necessary assistance," the KRG president said.
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ARTICLE 5
Interesting statistics on waste in Iraq
9/9/2019 17:16
[Baghdad-Where]
The Central Statistical Organization (CSO) announced an interesting statistics on waste in Iraq.
According to a statement received by the agency [where] a copy of it that "only 10% of the generated waste is recycled in Iraq, where the waste sorting and recycling plants amounted to only 4 plants, two of which are under construction and another plant is stopped and there is only one plant recycling 65 tons per day, which represents Only 10% of the amount of waste generated. "
The agency also announced that "the proportion of the population served by waste collection service amounted to 63.5%, which indicates that one-third of the population of Iraq is not covered by the waste collection service." He pointed out that "the province of Najaf occupied the first place in terms of waste collection in urban areas by 99.4%, while the province, which recorded the lowest rate of service in urban areas was Salahuddin by 53.4%." |
Tuesday, September 10, 2019
Tuesday 9/10/19 WOTS
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