Tuesday 9/3/19 Wots
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1191.6000 | 1191.6000 | 1191.6000 | | 00:00 |
| USD/VND | | | 23163.2200 | 23163.2200 | 23163.2200 | | 01:30 |
| USD/CNY | | | 7.1836 | 7.1710 | 7.1710 | | 04:13 |
| USD/KWD | | | 0.3036 | 0.3033 | 0.3034 | | 04:11 |
| GBP/USD | | | 1.2067 | 1.1958 | 1.2062 | | 04:13 |
| USD/IRR | | | 42097.5000 | 42097.5000 | 42097.5000 | | 00:00 |
| USD/IDR | | | 14240.0000 | 13983.0000 | 14135.0000 | | 04:13 |
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DC NY Iraq Articles:dd
The Minister of Interior directs the intensification of procedures by the month of Muharram
03/09/2019 12:00 AM | Read
Interior Minister Yassin al-Yassiri on Monday directed to intensify procedures by the end of the month of Muharram, while instructing citizens to keep their eyes and facilitate their affairs.
The ministry said in a statement received "Al-Ahd News" copy that "Interior Minister Yassin Taher Yasiri visited this evening the headquarters of the Federal Police, and met with the police chief Major General Jaafar al-Batat and a number of senior officers in the command," and a destination to intensify procedures by the month of Muharram, Instruct citizens to keep their eyes and facilitate their affairs.
He stressed the importance of maintaining the security achievement achieved by the Iraqi Armed Forces in its various formations, pointing out the need not to relax in the performance of tasks and duties and redouble efforts to ensure more security and stability. He also instructed to increase the pre-emptive operations to prevent terrorist cells from achieving their criminal aims, directing the intensification of security measures by the month of Muharram to provide a suitable atmosphere for the performance of the rituals of Husseini. Compliance with the instructions and orders issued by the Ministry.
On the other hand, the Minister of Interior, Dr. "Yassin Taher Al-Yasiri" honored a number of families of the martyrs of the Federal Police in appreciation of the great sacrifices made by the martyrs heroes and in appreciation of the honorable positions of these families.
Aboul Gheit arrives in Baghdad
Date of edit:: 2019/9 10:20 • 179 read times
Arab League Secretary General Ahmed Aboul Gheit arrived in Baghdad on Tuesday for an official visit.
An informed source told (Euphrates News), "Secretary-General of the League of Arab States Ahmed Aboul Gheit arrived in Baghdad this morning on an official visit."
Foreign Ministry spokesman Ahmed al-Sahaf said earlier that Arab League Secretary General Ahmed Aboul Gheit will arrive in Iraq today to meet the three presidencies and the foreign minister, and to discuss the meetings of Arab foreign ministers, regional issues and developments.
Foreign Ministry spokesman Ahmed al-Sahaf said earlier that Arab League Secretary General Ahmed Aboul Gheit will arrive in Iraq today to meet the three presidencies and the foreign minister, and to discuss the meetings of Arab foreign ministers, regional issues and developments.
Al-Mayahi announces availability of 100 degrees on Wasit electricity
Date: Editing:: 2019/3/09 • 113 times read
The governor of Wasit, Mohammed Jamil al-Mayahi, announced the availability of 100 degrees on the owners of electricity in the province.
Al-Mayahi said in a statement received by the Euphrates News Agency, "We met as the local government of Wasit, both legislative and executive, Minister of Electricity Louay al-Khatib, and discussed at length the greatest concern and all the details and the suffering of the citizen because of the electricity crisis, which is renewed with each summer."
He added, "We talked about our plan as a province, and what we have developed solutions to repair the electrical system such as the supply of transformers and other maintenance requirements, and we highly value the role of the Minister of Electricity and his great cooperation with Wasit, the 100 contract wages in the station Wasit thermal."
"It was decided with the Minister of Electricity and decided to transfer from the ministry to the province, and we have formed a special committee to consider the eligibility of applicants."
Al-Mayahi called on "our youth to apply for these degrees in the governorate's office and within the required competencies, in turn very keen to ensure fairness and equality of opportunities and the appointment of appointments to the beneficiaries without any external interference."
He added, "We talked about our plan as a province, and what we have developed solutions to repair the electrical system such as the supply of transformers and other maintenance requirements, and we highly value the role of the Minister of Electricity and his great cooperation with Wasit, the 100 contract wages in the station Wasit thermal."
"It was decided with the Minister of Electricity and decided to transfer from the ministry to the province, and we have formed a special committee to consider the eligibility of applicants."
Al-Mayahi called on "our youth to apply for these degrees in the governorate's office and within the required competencies, in turn very keen to ensure fairness and equality of opportunities and the appointment of appointments to the beneficiaries without any external interference."
The Minister of Interior directs the Federal Police to intensify security measures with the advent of Muharram
Release date:: 3/9/2019 23:24 • 88 times read
BAGHDAD: Interior Minister Yassin al-Yasiri on Monday evening visited the headquarters of the Federal Police, and met with the police chief Major General Jaafar al-Batat and a number of senior officers in the command.
He stressed the importance of maintaining the security achievement achieved by the Iraqi armed forces in its various formations.
He instructed Yasiri to "increase the pre-emptive operations to prevent terrorist cells from achieving their criminal aims, directing the intensification of security measures by the month of Muharram to provide a suitable atmosphere for the performance of the rituals Husseiniya."
He directed the leadership of the federal police forces "to put citizens in their eyes and facilitate their affairs and not to exceed them, noting to deal with everyone with the same distance and without discrimination and put the law above all considerations."
He also stressed the necessity of "joint coordination with the rest of the Ministry of Interior and each according to his address," pointing to "the need not to overlap in the powers and full compliance with the instructions and orders issued by the Ministry."
On the other hand, the Minister of Interior honored "a number of families of the martyrs of the Federal Police in appreciation of the great sacrifices made by the heroic martyrs and in recognition of the honorable positions of these generous families.
He instructed Yasiri to "increase the pre-emptive operations to prevent terrorist cells from achieving their criminal aims, directing the intensification of security measures by the month of Muharram to provide a suitable atmosphere for the performance of the rituals Husseiniya."
He directed the leadership of the federal police forces "to put citizens in their eyes and facilitate their affairs and not to exceed them, noting to deal with everyone with the same distance and without discrimination and put the law above all considerations."
He also stressed the necessity of "joint coordination with the rest of the Ministry of Interior and each according to his address," pointing to "the need not to overlap in the powers and full compliance with the instructions and orders issued by the Ministry."
On the other hand, the Minister of Interior honored "a number of families of the martyrs of the Federal Police in appreciation of the great sacrifices made by the heroic martyrs and in recognition of the honorable positions of these generous families.
The Indonesian Parliament sends an official invitation to Halbousi to participate in the World Parliamentary Forum
2019/09/02 10:33:56 AM
Baghdad / Al-Ghad Press:
Iraqi Ambassador to Jakarta Abdullah Hassan Saleh received on Monday an official invitation from Indonesian Deputy Speaker of Parliament Fazli Zun to Speaker of the House of Representatives Mohammad Halbousi to participate in the World Parliamentary Forum.
"The Iraqi ambassador in Jakarta Abdullah Hassan Saleh met with the deputy speaker of the Indonesian parliament Fazli Zun at the Indonesian parliament on the occasion of the end of his duties as ambassador of the Republic of Iraq in Indonesia," the Foreign Ministry said in a press release.
"Saleh expressed his happiness to work in the friendly Republic of Indonesia and reviewed a brief on the political and economic situation in Iraq and the victories achieved by our armed forces of all kinds against the terrorist entity of Daesh," he said. At the Third World Parliamentary Forum on Sustainable Development ".
"He also expressed his desire and a number of members of the Indonesian parliament to visit Iraq if invited."
Iraq proposes an agreement for the displaced Arab
03/09/2019
Baghdad / Al-Ghad Press:
Iraq will present a proposal for a convention for Arab refugees, especially Iraqis, as part of the Arab League's agenda at the ministerial level next week, Iraq's immigration minister said Monday.
"Iraq will submit a proposal to conclude an agreement for Arab refugees, especially Iraqis, on the agenda of the Arab League Council at the ministerial level at its 152nd session next week," Moussa said.
He added after meeting with officials of the Arab League that "the reason for our presence in Cairo is to find the full support of the Arab League to approve this agreement because millions of Arabs are displaced and displaced, and must be assisted by them, especially those who are not the subject of the The brutal acts of ISIS terrorist gangs. "
He pointed out that "has displaced within Iraq, nearly four million people, in addition to the presence of displaced people in Arab countries suffering from various conflicts such as Yemen and Syria, and there must be an agreement to support these displaced people until they return to their homes after it was liberated."
He pointed out that "this agreement serves Iraq and the rest of the Arab countries that are suffering from displacement, a humanitarian act to provide them with a service by the Arab countries."
He continued, "We propose after the signing of the agreement, the establishment of a support fund for the displaced under the auspices of the Arab League at the headquarters of the Iraqi embassy so that the Arab governments in contact with the citizen."
Kauaihn Iraq Articles:dd
Policy, security and economy
2019/09/03 32 minutes ago
Diwaniya Governor Zuhair al-Shaalan said that one of the most important issues raised during the visit of the Speaker of the House of Representatives Mohammed Halbousi yesterday to increase financial allocations to the province to establish the largest number of investment projects since the province does not have local revenues and other resources.
He said in a statement that Al-Marbad received a copy of it.
He pointed to the issue of supporting the health sector and providing the necessary allocations for the establishment of hospitals, in addition to the educational sector and the establishment of as many schools as possible.
2019-09-03 | 04:43
WASHINGTON (Reuters) - Hezbollah's response to Israel on Monday was likely to curb a high level of aggression on Iraq, a lawmaker said on Monday, predicting that any new aggression would be "different".
He said Hassan supported in an interview with Alsumaria News, "the Zionist entity was very cautious in dealing with the aggression that took place in Iraq, as he did not issue any official statement to adopt these strikes and was in some conversations officials deny or hint his relationship with those strikes," indicating that "The Iraqi investigation pointed to the presence of an external hand behind the aggression on the headquarters of the crowd and determine the type of missile and the type of drones flying over the headquarters of the crowd, but did not specify exactly who carried out those strikes accurately 100%."
WASHINGTON (Reuters) - Hezbollah's response to Israel on Monday was likely to curb a high level of aggression on Iraq, a lawmaker said on Monday, predicting that any new aggression would be "different".
He said Hassan supported in an interview with Alsumaria News, "the Zionist entity was very cautious in dealing with the aggression that took place in Iraq, as he did not issue any official statement to adopt these strikes and was in some conversations officials deny or hint his relationship with those strikes," indicating that "The Iraqi investigation pointed to the presence of an external hand behind the aggression on the headquarters of the crowd and determine the type of missile and the type of drones flying over the headquarters of the crowd, but did not specify exactly who carried out those strikes accurately 100%."
Accusations of 40 foreign companies in Iraq spying and pressure to end its presence
2019-09-03 | 03:44
Accusations of 40 foreign companies in Iraq spying and pressure to end its presence
A security source said on Monday that 40 foreign companies in Iraq have been accused of spying, while pointing to pressure to end their presence in the country.
The source said that "the file of foreign security companies, which number more than 40 companies licensed by the government, returned again," noting that "there are accusations of those companies that they are espionage, and others that they are armies violate the sovereignty of Iraq."
He added that "there are pressures include demanding an end to the presence of these companies and assigning what they do to the protection of Iraqi facilities or the Iraqi special forces SWAT," pointing out that "these pressures serious but illogical and linked to the security of foreign missions and contracts with them."
For his part, a security official said that "the Iraqi government maintains full priorities for security companies operating in the country in fine detail," noting that "no illegal action was marked by the elements of those companies, which are fully subject to government control."
He stressed that "there are attempts to re-amend and drafting the law of those companies in line with the special interests of those seeking to do so," pointing out that "the law can not be detailed on the size of any party, as the presence of diplomatic missions and foreign attachments of various names linked to the presence of security companies They trust them, and the same is true for non-Iraqi companies and businessmen. "
The source said that "the file of foreign security companies, which number more than 40 companies licensed by the government, returned again," noting that "there are accusations of those companies that they are espionage, and others that they are armies violate the sovereignty of Iraq."
He added that "there are pressures include demanding an end to the presence of these companies and assigning what they do to the protection of Iraqi facilities or the Iraqi special forces SWAT," pointing out that "these pressures serious but illogical and linked to the security of foreign missions and contracts with them."
For his part, a security official said that "the Iraqi government maintains full priorities for security companies operating in the country in fine detail," noting that "no illegal action was marked by the elements of those companies, which are fully subject to government control."
He stressed that "there are attempts to re-amend and drafting the law of those companies in line with the special interests of those seeking to do so," pointing out that "the law can not be detailed on the size of any party, as the presence of diplomatic missions and foreign attachments of various names linked to the presence of security companies They trust them, and the same is true for non-Iraqi companies and businessmen. "
2019-09-03 | 03:47
1,343 views
An Arab newspaper reported that there is a political movement to divide Anbar into two provinces, while noting that some politicians in the province considered this as "absurd" demands that lead to the fragmentation of Anbar.
The newspaper said in a report that "Anbar province is witnessing a political movement is the first of its kind with the diligence of political blocs and tribal forces for weeks to formulate a project to create a new province, isolate the upper Euphrates from Ramadi and bear the name of the province of Western," noting that "this province starts its borders Hit, Al-Mohammadi, and the towns of Jebel Anah, Rawah, Alos and Haditha, ending with the border post with Syria and Al-Rutbah on the border with Jordan and Al-Nukhaib on the border with Saudi Arabia, while Ramadi, Khalidiya, Habbaniyah, Fallujah and Karma remain in Anbar province.
`` Anbar has an area of 138,500 square kilometers, or about 33 per cent of Iraq's total area, and has a population of about two million, according to the 2014 census.It is linked to three countries, namely Saudi Arabia, Jordan and Syria.Inside, it borders five provinces. ''
In view of this space, politicians and observers believe that "it is necessary to create a new administration, which reduces the trouble for people to travel long hours in order to extract an identity or sign an official book from Ramadi, the local capital of Anbar, while others assert that the aim of presenting the current project is not a service for citizens But because of a major political conflict. "
According to the newspaper, "This project needs the approval of parliament.
According to political and tribal sources in Anbar, "a series of meetings held in Anbar, brought together political and tribal leaders and Islamic figures in favor of the project to separate Upper Euphrates from the authority of Ramadi and declare a province, has reached a stage of maturity from the perception about the province and its borders and even the distribution of political positions, which will be tribal "As is currently the case in Anbar."
The newspaper quoted the former governor of Anbar Suhaib al-Rawi as saying that "the project of the province of Gharbia is close to complete all legal and official procedures," noting that "the movement led by politicians from Anbar, all proceeds in accordance with the Constitution, which does not mind the creation of provinces on the condition, and the search is underway for The consolidation of this demand, which is now popular because of the suffering faced by the people of the western regions in communicating with the center (Ramadi).
While members of the local council in Anbar are divided between supporters and opponents of the idea, while some describe the movement of politicians towards the development of Western claims "ridiculous and lead to the fragmentation of Anbar," others assert that it is positive.
1,343 views
An Arab newspaper reported that there is a political movement to divide Anbar into two provinces, while noting that some politicians in the province considered this as "absurd" demands that lead to the fragmentation of Anbar.
The newspaper said in a report that "Anbar province is witnessing a political movement is the first of its kind with the diligence of political blocs and tribal forces for weeks to formulate a project to create a new province, isolate the upper Euphrates from Ramadi and bear the name of the province of Western," noting that "this province starts its borders Hit, Al-Mohammadi, and the towns of Jebel Anah, Rawah, Alos and Haditha, ending with the border post with Syria and Al-Rutbah on the border with Jordan and Al-Nukhaib on the border with Saudi Arabia, while Ramadi, Khalidiya, Habbaniyah, Fallujah and Karma remain in Anbar province.
`` Anbar has an area of 138,500 square kilometers, or about 33 per cent of Iraq's total area, and has a population of about two million, according to the 2014 census.It is linked to three countries, namely Saudi Arabia, Jordan and Syria.Inside, it borders five provinces. ''
In view of this space, politicians and observers believe that "it is necessary to create a new administration, which reduces the trouble for people to travel long hours in order to extract an identity or sign an official book from Ramadi, the local capital of Anbar, while others assert that the aim of presenting the current project is not a service for citizens But because of a major political conflict. "
According to the newspaper, "This project needs the approval of parliament.
According to political and tribal sources in Anbar, "a series of meetings held in Anbar, brought together political and tribal leaders and Islamic figures in favor of the project to separate Upper Euphrates from the authority of Ramadi and declare a province, has reached a stage of maturity from the perception about the province and its borders and even the distribution of political positions, which will be tribal "As is currently the case in Anbar."
The newspaper quoted the former governor of Anbar Suhaib al-Rawi as saying that "the project of the province of Gharbia is close to complete all legal and official procedures," noting that "the movement led by politicians from Anbar, all proceeds in accordance with the Constitution, which does not mind the creation of provinces on the condition, and the search is underway for The consolidation of this demand, which is now popular because of the suffering faced by the people of the western regions in communicating with the center (Ramadi).
While members of the local council in Anbar are divided between supporters and opponents of the idea, while some describe the movement of politicians towards the development of Western claims "ridiculous and lead to the fragmentation of Anbar," others assert that it is positive.
A parliamentary source for "Al-Ahd News" serious movement to close the free channel in Iraq
03/09/2019 11:33 PM |
A parliamentary source for "Al-Ahd News" serious movement to close the free channel in Iraq
A parliamentary source for "Al-Ahd News" serious movement to close the free channel in Iraq
Ahd News - Baghdad
A source familiar with the parliamentary disclosure of a move within the Committee of Information and Parliamentary Communications to close the offices of the free channel in Iraq.
The source told "Al-Ahd News" on Monday, that "the Committee on Information and Communications in connection with the issue of abuse of the free channel to religious institutions in the House of Representatives sessions of the next legislative term for the purpose of taking legal action against them."
"The movement is serious because this channel is trying to target the unity of Iraq by broadcasting toxic and false news," said the source, who asked not to be named.
Economic expert for "Ahd News": Corruption networks absent minds aspiring to activate the manufacturing industries for Iraqi products
03/09/2019 - Baghdad
Prominent economist Salam Semsem blamed what she called "networks of corruption" for the absence of aspiring Iraqi minds capable of activating the manufacturing industries of Iraqi agricultural products.
"The manufacturing industries are the basis for the industrial sector of any country that wants to promote the industry and bring about real economic development," Semsem told Al-Ahd News on Monday.
She added, "The manufacturing industries require the will and mentality, and the mentality exists but absent due to networks of corruption and poor economic policy and the absence of an economic vision aspiring for real economic development in Iraq and this has been frequent since 2004 and so far."
She explained, "The manufacturing industry is the conversion of objects to other things to meet the actual need and benefit from export as well, and this is completely absent because in Iraq, especially after the last 15 years, prevailed unfair competition with foreign products and lack of support for the industrial sector, not raw materials or Supporting electricity and major production requirements
Prominent economist Salam Semsem blamed what she called "networks of corruption" for the absence of aspiring Iraqi minds capable of activating the manufacturing industries of Iraqi agricultural products.
"The manufacturing industries are the basis for the industrial sector of any country that wants to promote the industry and bring about real economic development," Semsem told Al-Ahd News on Monday.
She added, "The manufacturing industries require the will and mentality, and the mentality exists but absent due to networks of corruption and poor economic policy and the absence of an economic vision aspiring for real economic development in Iraq and this has been frequent since 2004 and so far."
She explained, "The manufacturing industry is the conversion of objects to other things to meet the actual need and benefit from export as well, and this is completely absent because in Iraq, especially after the last 15 years, prevailed unfair competition with foreign products and lack of support for the industrial sector, not raw materials or Supporting electricity and major production requirements
Kauaihn Economic Times:
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The Verdict's Out! Money Buys (Some) Happiness
Here are some ways to spend money that can boost your happiness.
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GLOBAL/NEWS/INFO
The Verdict's Out! Money Buys (Some) Happiness
Here are some ways to spend money that can boost your happiness.
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What you missed over the weekend
The weekend brought no evidence that the world is stepping back from a damaging trade war.
“Worst day of my life”: Bahamas in shock from Hurricane Dorian destruction
The National Hurricane Center advised residents of the Bahamas to get to elevated shelter to save their lives as Dorian strengthened to 180 mph winds with 200 mph gusts and slowed its pace to 7 mph.
The National Hurricane Center advised residents of the Bahamas to get to elevated shelter to save their lives as Dorian strengthened to 180 mph winds with 200 mph gusts and slowed its pace to 7 mph.
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OIL/COMMODITIES/ENERGY
Gold - Another Week, Another New High
Gold keeps on moving higher.The trade war is bullish.Falling rates are fuel for the yellow metal.New highs in the dollar index.Those junior gold mining stocks could take off to the upside.
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PRECIOUS-Gold prices rise as U.S., China kick off new round of tariffs
Gold prices gained early on Monday as the United States and China launched fresh tit-for-tat tariffs on each others exports, escalating the prolonged trade war and adding to fears of a global economic slowdown.
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Barry Dawes forecasts the next bull run in gold and silver
Martin Place Securities executive chairman Barry Dawes expects Australian gold companies will continue to generate strong investor returns in the coming years. Mr Dawes, who wields two decades of experience at banks such as BT Australia, Macquarie and Deutsche within investment management and commodity and equity research and a further two decades with Martin Place...
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Energy & Precious Metals – Weekly Review and Calendar Ahead
By Barani Krishnan Investing.com - Easy does it, oil bull. Or, for that matter, bear. Opening the week 1% down, U.S. crude futures launched into a bit of a phenomenon unseen...
This Oil Stock Has Now Handed Its Investors $1.2 Billion (and That’s Just the Beginning)
Marathon Oil continues to put a priority on returning cash to shareholders.
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Crude Oil - Going Nowhere Fast
Recession is bearish.Iran remains supportive.Inventories were supportive.Weakness in processing spreads.UCO and SCO to trade the range.
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The Worst Mistake Pattern Energy Investors Can Make Right Now
The high-yielding renewable energy stock might get a buyout bid.
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BANKS/BANKING/CREDIT
South Korea central bank frees more cheap funds for smaller firms
South Korea's central bank said on Sunday it would make up to 5 trillion won ($4.12 billion) of extremely cheap funds newly available for local banks that increase lending to smaller firms hit by the economic slowdown.
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The Great Refinancing Cycle Is Upon Us
Economies where capital is fleeing, like in the Emerging Markets, Japan and the Eurozone, are weak.We do not believe that the U.S and China will conclude a trade deal before elections next year.US longer-term rates will continue under pressure as long as rates abroad remain much lower.
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I have almost 30 credit cards, and there are 5 things I wish I'd known about points and miles when I was starting out
Caroline Lupini in the Rioja Wine Region, Spain. I have almost 30 credit cards and regularly fly around the world thanks to credit card rewards, but getting into points and miles has a huge learning curve. When I first started out, I didn't realize how much more valuable business class is than economy, and that the best way to earn points isn't by flying. I also wish I'd realized that buying points isn't ridiculous, that Alaska Airlines miles are unbelievably valuable, and that applying for
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IHG has one of the most underrated hotel credit cards, with benefits like an annual free night and a great sign-up bonus. Here's why it's worth the $89 annual fee
The IHG Rewards Club Premier card's current sign-up bonus could get you a free night at the Kimpton Seafire in Grand Cayman. The IHG Rewards Club Premier Credit Card is currently offering an elevated sign-up bonus of 125,000 points after you spend $3,000 in the first three months. Even without considering this higher-than-average welcome offer, the card is worth considering. It offers a strong selection of benefits for a reasonable $89 annual fee. You get an annual free night to use at hotels
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Many minorities avoid seeking credit due to generations of discrimination
Decades of discrimination by the federal government and America's financial institutions has induced an almost trauma-like response in many people of color, particularly African Americans, making them less likely to seek credit.
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TREASURIES/BONDS/STOCKS
Breaking Down The Bull/Bear ArgumentWhat China has figured out is they can easily manipulate Trump into giving up strategic positioning by offering to "talk." This continues to be an effective strategy since they know Trump's re-election is contingent upon a strong U.S. economy and stock market.As we noted previously, sometimes when the path forward is unclear, and volatility is high, the best thing to do is to "sit on your hands" and wait for the market to "tell" you what to do next.The stock market DOES indeed go up double
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Here's what happened during August's wild month for the stock marketStocks were so volatile in August they gave Wall Street a collective case of whiplash.
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3 Things to Watch in the Stock Market This WeekLululemon Athletica is one of several stocks set to make big moves over the next few trading days.
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7 Habits of Bad Managers -- and How to Put an End to ThemGuilty of any of these? If so, it's time to change your ways ASAP.
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3 Simple Tricks for Saving More MoneyThese tips can help you boost your savings rate and improve your financial security.
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5 Reasons To Be Cautiously Optimistic On The S&P 500The S&P 500 is under pressure due to geopolitical and economic uncertainty.However, market breath, the yield curve inversion, credit spreads, the jobs market and investor sentiment are pointing towards further upside potential in the S&P 500.It all comes down to fundamentals versus expectations, and buying in times of depressed market expectations tends to produce attractive performance in the long term.
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Top 5 Things to Know in the Market on MondayEconomy Sep 02, 2019 09:40 GMT Investing.com - Here are the top five things you need to know in financial markets on Monday, September 2: 1. U.S. futures fall on Labor Day after new round of tariffs With Wall Street to remain closed for the Labor Day holiday, U.S. futures traded lower on Monday as a previously announced round of tariffs went into effect a day earlier. The U.S. slapped tariffs on roughly $110 billion in Chinese imports on Sunday, while Beijing responded with retaliatory levies.
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Stocks Slip as Latest Tariffs Kick In; Yuan Lower: Markets WrapAsian stocks fell with U.S. equity futures after the latest tariffs kicked in on Chinese goods and data showed further weakness in China’s manufacturing sector. The yen edged higher and the yuan retreated.
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CRYPTO / DIGITAL CURRENCIES
US-China Trade War and Its Effect on CryptocurrenciesThe People’s Bank of China (PBoC), the country’s central bank, has announced that it is planning to launch a central bank digital currency (CBDC), inspired in part by Facebook’s Libra project. David Marcus, the head of Facebook cryptocurrency wallet Calibra, and known as the co-creator of the company’s venture into cryptocurrencies, had this to say on Twitter: “Like I said: if we don't lead (and by ‘we’ I mean the Free World, *not FB*) others will. It wasn't a figure of speech, an exaggeration,
Read in Cointelegraph: https://apple.news/AlXhk-
Crypto News From the Spanish-Speaking World: Aug. 24-31 in ReviewThe Spanish-speaking world saw a number major developments this week, with several companies accepting cryptocurrencies as a form of payment and the Venezuelan government making new claims about the use and acceptance of the controversial Petro coin. Here’s the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español. Spain: Eurocoinpay introduces cryptocurrency payments On Aug. 24, Cointelegraph en Español reported that in Spain, Eurocoinpay
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Crypto News From Brazil and Portugal: Aug. 24-31 in ReviewThis week saw major expansion of crypto payments in Brazil, new standards freeing Bitcoin from Portuguese taxes, and the allegedly fraudulent Grupo Bitcoin Banco’s refusal to pay clients their deposited funds. Brazil's central bank adopts IMF guidelines Brazil’s central bank announced that it would classify cryptocurrencies according to International Monetary Fund (IMF) guidelines on Aug. 26. With the new classification under IMF standards, traded cryptocurrencies will be classified as non-
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Sunday Digest: Bitcoin Price, Libra-Killers and Craig Wright (again)Obviously, it’s still just about the end of summer, so French air traffic controllers have decided to go on strike. Maybe there would be less annual havoc across Europe’s skies if they ‘paid them in Bitcoin’? Bitcoin Price: Yet More Consolidation So BTC has spent another week trading sideways in a band around $10k. Whilst the lack of breakout will undoubtedly be disappointing for some, the further solidification of support is welcome. The week again started strongly, with a push on Monday taking
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CURRENCIES
The end of the dollar as we know it
Current uncertainty and worries are clearly reflected in the financial markets. Investors are fleeing into assets that are deemed safe such as gold, U.S. Treasuries and the dollar. They still flock to the U.S.
Read in The Hill: https://apple.news/AM7xS_
The Pros And Cons Of Currency Hedging
With the dollar maintaining its strength versus other currencies, the question of whether to hedge that currency effect remains an important one for U.S. investors considering international exposures.For many investors, taking currency risk is not a rewarded factor boosting returns over the medium to long term, as noted by my colleagues in the BlackRock Investment Institute. Instead, for most, long-term investors currencies are more of a portfolio risk to manage.Investors looking abroad should
Read in Seeking Alpha: https://apple.news/
US DOLLAR PRICE WEEKLY TECHNICAL OUTLOOK:
The US Dollar Index surged to its highest level since May 2017 as greenback strength dominated currency price action last week
The US Dollar looks set to continue its advance and the technical backdrop on spot USDCHF is of particular interest
Forex - Dollar Little Changed in Subdued, Holiday-Thinned Trade
Forex Sep 02, 2019 07:47 GMT Investing.com - The U.S. dollar was little changed against the other major currencies on Monday as concerns over the latest escalation in the U.S. - China trade war kept investors wary and volumes remained thin ahead of a U.S. market holiday. The U.S. dollar index against a basket of six major currencies was almost unchanged at 98.83 by 03:35 AM ET(07:35 GMT). The U.S. slapped 15% tariffs on a variety of Chinese goods on Sunday - including footwear, smart watches
Read in Investing.com: https://apple.news/Af-
Argentina imposes exchange controls to calm markets
The government of President Mauricio Macri on Sunday imposed foreign-exchange controls on Argentine exporters at the end of a week of financial uncertainty that saw a sharp drop in the value of the peso. Exporters were ordered to seek permission from the Central Bank of Argentina before purchasing foreign currency, according to a decree published in the Official Bulletin. In other measures, transferring money abroad will now require government permission.
Read in International Business Times: https://apple.news/ABXMJn_
Argentina Imposes Capital Controls as Debt Crisis Escalates - Bloomberg
Argentina’s government imposed capital controls to halt a slump in foreign currency reserves that has pushed the country to the brink of default.
Aussie dollar rises against US counterpart. The post Australian dollar up appeared first on Inside Retail.
Read in Inside Retail: https://apple.news/
Dollar Party But The Yen Wasn't Invited
The US dollar rose against all the major currencies last week and was bid to new multi-year highs against the euro, Scandis and the New Zealand dollar ahead of the weekend.The greenback's gains in August were the most pronounced against the New Zealand dollar and the Norwegian krone, both of which fell by more than 4%.The euro's record 14-week advance against sterling ended in the middle of August and it has pulled back now for three consecutive weeks.
Read in Seeking Alpha: https://apple.news/Au_
FOREX-Euro slides to 16-month lows on gloomy outlook; yuan weak
* Graphic: World FX rates in 2019
Read in Reuters: https://apple.news/
Forex: Yuan midpoint hits 11.5-year-low as more US-China tariffs kick in
Forex Sep 02, 2019 02:36 GMT Investing.com –The U.S. dollar gained some ground over the weekend while the Japanese yen weakened as new tariffs took effect in both the U.S. and China, marking the next step in their ongoing trade dispute. The USD/JPY pair last traded at 106.20 by 10:06 PM ET (02:06 GMT), down 0.08%. Last week, the yen had strengthened as much as JPY105 to the USD. For its part, the People’s Bank of China (PBoC) set the midpoint for trading in the CNY at a low not seen in more than
Read in Investing.com: https://apple.news/
FX Week Ahead – Top 5 Events: August China PMI Data & Chinese Yuan Price Outlook
US-China trade war rhetoric has dominated market price action, but risk appetite may focus less on headlines and more on hard data with China PMI numbers potentially steering...
HEALTH / SCIENCE
'Contagious and Dangerous': As Measles Cases Soar in Europe, Officials Wage a War Against Online Disinformation
Officials say Pinterest has moved swiftly to combat health misinformation, such as posts by anti-vaxxers.
Read in FORTUNE: https://apple.news/
Is Chicken Just As Bad for You As Red Meat?
A recent study is claiming that choosing chicken might not be the healthier option. We asked a registered dietitian to weigh in. Recent headlines claim that eating chicken is just as bad (if not worse) than eating red meat. This goes against years of health advice that chicken is a better lean protein to consume on a regular basis. Does this mean you should be skipping out on meat altogether? Eating beef and chicken in the same amounts? We asked a registered dietitian to investigate. First,*
Read in Food Network: https://apple.news/
Fentanyl, the perfect drug for Mexico's traffickers — and a new top killer in the U.S.
The synthetic drug is the leading culprit in the U.S. opioid epidemic. Most comes from Mexico, where traffickers have embraced it over heroin.
Read in Los Angeles Times: https://apple.news/
Cardiovascular disease patients benefit more from exercise than healthy people
Credit: European Heart Journal A study of nearly half a million people has found for the first time that those with heart or blood vessel problems benefit more from having a physically active lifestyle than do healthy people without cardiovascular disease (CVD). Increased physical activity reduced the risk of dying during a six-year follow-up period...
Read in SCIENMAG: https://apple.news/
Toads, fish and herbal tea used to fight dengue as epidemic spreads across the Philippines
Nearly two years after the Philippine government rejected the world’s first dengue vaccine, communities across the country are turning to toads, fish, bags of rice and herbal teas to fight a dengue epidemic that has so far killed about 900 people and…
Read in South China Morning Post: https://apple.news/
Greta Thunberg opens up about Asperger’s diagnosis: ‘Being different is a superpower’
Environmental activist Greta Thunberg has opened up about her Asperger's diagnosis, explaining why she does not frequently speak publicly about living with the condition.
Read in The Independent: https://apple.news/
'Contagious and Dangerous': As Measles Cases Soar in Europe, Officials Wage a War Against Online Disinformation
Officials say Pinterest has moved swiftly to combat health misinformation, such as posts by anti-vaxxers.
Read in FORTUNE: https://apple.news/
Is Chicken Just As Bad for You As Red Meat?
A recent study is claiming that choosing chicken might not be the healthier option. We asked a registered dietitian to weigh in. Recent headlines claim that eating chicken is just as bad (if not worse) than eating red meat. This goes against years of health advice that chicken is a better lean protein to consume on a regular basis. Does this mean you should be skipping out on meat altogether? Eating beef and chicken in the same amounts? We asked a registered dietitian to investigate. First,*
Read in Food Network: https://apple.news/
Fentanyl, the perfect drug for Mexico's traffickers — and a new top killer in the U.S.
The synthetic drug is the leading culprit in the U.S. opioid epidemic. Most comes from Mexico, where traffickers have embraced it over heroin.
Read in Los Angeles Times: https://apple.news/
Cardiovascular disease patients benefit more from exercise than healthy people
Credit: European Heart Journal A study of nearly half a million people has found for the first time that those with heart or blood vessel problems benefit more from having a physically active lifestyle than do healthy people without cardiovascular disease (CVD). Increased physical activity reduced the risk of dying during a six-year follow-up period...
Read in SCIENMAG: https://apple.news/
Toads, fish and herbal tea used to fight dengue as epidemic spreads across the Philippines
Nearly two years after the Philippine government rejected the world’s first dengue vaccine, communities across the country are turning to toads, fish, bags of rice and herbal teas to fight a dengue epidemic that has so far killed about 900 people and…
Read in South China Morning Post: https://apple.news/
Greta Thunberg opens up about Asperger’s diagnosis: ‘Being different is a superpower’
Environmental activist Greta Thunberg has opened up about her Asperger's diagnosis, explaining why she does not frequently speak publicly about living with the condition.
Read in The Independent: https://apple.news/
USA / CANADA
Hurricane Dorian becomes Category 5, set to slam Bahamas with 160 mph winds, torrential rain
A menacing Hurricane Dorian took aim at the northern Bahamas early Sunday, strengthening to a "catastrophic" Category 5 storm packing winds of 160 mph and the threat of torrential rain that could last for days as millions in the U.S. along the Southeast coast from Florida to North Carolina are keeping an eye on where the storm may head next.
Read in Fox News: https://apple.news/
Consumers Brace For Round Two of Trump's Tariffs
From smart watches and headphones to apparel and footwear, consumers will be looking at higher sticker prices thanks to another wave of tariffs on $300 billion worth of goods from China that kicks in September 1. Despite pleas of business groups and with consumer confidence plummeting, the administration will begin levying a 15% tariff tomorrow on $300 billion worth of mostly consumer goods imported from China. This latest round of duties to go into effect on September 1 are expected to hit
Read in TheStreet: https://apple.news/
U.S. cities and states that will pay you to move there
Maine just expanded its Educational Opportunity Tax Credit to workers who attended college or university anywhere in the U.S. But it's not the only municipality that will pay you to relocate.
Read in CNBC: https://apple.news/
Maine just expanded its Educational Opportunity Tax Credit to workers who attended college or university anywhere in the U.S. But it's not the only municipality that will pay you to relocate.
Read in CNBC: https://apple.news/
EMERGING MARKETS
The destruction of the Amazon, explained
The "lungs of the earth" are on fire, and shrinking every day. What are the consequences for ...
Read in The Week: https://apple.news/A6-
The destruction of the Amazon, explained
The "lungs of the earth" are on fire, and shrinking every day. What are the consequences for ...
Read in The Week: https://apple.news/A6-
Bearing Witness as Brazil's Amazon Burns
An ongoing fire in the region of Vila Nova Samuel, near the Jacundá National Forest, in the Brazilian Amazon on Aug. 27. Sebastián Liste—NOOR for TIME A crimson fire, shadowed by billows of dark smoke, lights up the night horizon of the Amazon rainforest as a wooden crucifix and a lone tree trunk resist the blaze. The scene was captured by documentary photographer Sebastián Liste in the state of Rondônia, northwest Brazil, the crucible of deforestation. There were at least 5,442 fires in
Read in TIME: https://apple.news/
Mexico violence: Alarming parallels to previous brutalities
MEXICO CITY (AP) — The large-scale offensive against drug cartels that began in 2006 touched off a wave of violence unprecedented since the Mexican Revolution, marked by homicides of immense brutality as gangs seemingly sought to one-up each other. Events this year bear a disturbing similarity to crimes committed at what was the bloodiest period of the drug war.
Read in My San Antonio: https://apple.news/
Fintechs Picked For Latin America Trade Mission In Mexico City
Six U.K. fintechs have been chosen by the Government’s Department for International Trade (DIT) for the third trade mission to fintech conference Finnosummit from September 9-13 2019 in Mexico City. Boseman, ComplyAdvantage, Duesday, Tokenise, Paymentology and Rhisco Solutions will attend the event.
Read in Forbes: https://apple.news/AWr1_
MIDDLE EAST
Blue-chip stocks weigh on ADX Sunday
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) ended Sunday’s trading session in red territory, pushed down by the declining blue-chip stocks. The ADX’s general index went down 44.40 points, or 0.86%, at 5,121.17 points. Trading …
Read in Mubasher: https://apple.news/
REFILE-Abu Dhabi plans first dollar bond issue in two years - sources
(Fixes spelling of UAE in sixth paragraph)
Read in Reuters: https://apple.news/
Undeclared US airstrike on Syria’s Idlib leaves multiple casualties, puts truce at risk – MoD
Sending no warning to Russia or Turkey, the US bombed an array of targets within Idlib, Syria, killing numerous civilians and threatening the hard-earned truce across the province, the Russian Defense Ministry said.
Read in RT News: https://apple.news/AcnZw-
Russia slams US for 'indiscriminate' attack in Syria's Idlib
Russia, a major backer of Syria's government, has accused the United States of having "compromised" a fragile ceasefire in Syria's Idlib province by launching an attack on the rebels' last remaining bastion. The US Central Command (CENTCOM) said on Saturday it had hit an al-Qaeda-linked training camp in northern Idlib, targeting leaders that were "responsible for attacks threatening US citizens, partners, and innocent civilians." The Russian military said on Sunday that the US struck the region
Read in Al Jazeera: https://apple.news/
Iranian oil tanker pursued by US off the coast of Syria
An Iranian oil tanker pursued by the US has stopped off the coast of Syria
Read in ABC News: https://apple.news/
Iranian Delegation Due in Paris to Discuss Macron’s Offer
A senior political-economic delegation will travel to Paris on Monday to discuss the French president’s new offer to save the Iran nuclear deal, said the Iranian president’s chief of staff.
Read in IFP News: https://apple.news/
Iran Condemns Saudi Airstrikes on Yemeni Prison
Iranian Foreign Ministry Spokesman Seyyed Abbas Mousavi has condemned the Saudi warplanes’ deadly air raids against a prison in Yemen’s Dhamar where prisoners of war were being kept.
Read in IFP News: https://apple.news/A9kE6Qec-
Iran Naval Forces Start War Game in Caspian Sea
Iran’s Navy has started a massive four-day manouvre in the Caspian Sea with the purpose of boosting collective security in the region.
Read in IFP News: https://apple.news/AQI4z2n-
Consequences of Israeli Attacks on Iran-Backed Forces in Iraq
Political commentator Fatemeh Sayyahi has weighed in on the consequences of attacks by the US and Israel on bases of the Iran-backed Popular Mobilization Forces in Iraq.
Read in IFP News: https://apple.news/
Iraq must be allowed to stay neutral in any U.S. – Iran conflict. Here’s why
If Iran-U.S. tensions lead to war, Iraqi's fragile peace will be the first victim of wider regional instability, argues the International Crisis Group
Read in The World Economic Forum: https://apple.news/
Rebuilding Mosul: Returning Iraqis face danger and difficulty
Two years after ISIL was evicted from Mosul, the city still struggles with electricity, water, healthcare and other basic services and reintegrating close to half a million people has been a slow bureaucratic challenge with thousands having lost identification papers and other important documents during the war. People in the city are saying that it will take a lot of effort to rebuild Mosul, and they will need international support, too. With the totality of the destruction, many have tried to
Read in Al Jazeera: https://apple.news/
AFRICA
Africa: Satellite Data Shows Hunger Looming in Senegal, MauritaniaDakar The maps show large areas of barren pastures, which means animals will die, stripping owners of their sole source of food and income Hundreds of thousands of people in Senegal and Mauritania are at risk of going hungry in the coming year because not enough grass has grown to feed the region's cattle, analysts said on Friday. Satellite maps show barren pastures across large swaths of the two West African countries, which means animals will die, robbing owners of their sole source of food
Read in AllAfrica: https://apple.news/A_l05-_
South Africa: MPs to Fight Back Over Proposed Cut to Parliament Benefits - ReportHigh-earning Members of Parliament are preparing to resist a move over the trimming of some of their benefits, a Sunday report said. According to the Sunday Times, Parliament is set to review its benefits scheme after it will spend an extra R111m in "loss of office" gratuities this year, to pay 159 MPs who didn't return to their seats after the elections. Those who didn't make it to Parliament are entitled to a once-off gratuity of four months' salary for every five-year term completed, paid
Read in AllAfrica: https://apple.news/A9UP-
Uganda: Back to Square One As Tullow Stake Deal CollapsesWill finding a new investor solve the $185 million question? This is the emerging issue after the collapse of a farmdown deal between Tullow and joint venture partners Total E&P and China National Offshore Oil Company (CNOOC) over a tax dispute. The complication surrounding the tax issue is critical to Uganda which, having de-risked the oil and gas sector because of high discovery rates at over 80 per cent, is now challenged to assure investors of a good business environment. Tullow announced it
Read in AllAfrica: https://apple.news/A-
Africa: Brace for Food Wars - Science Writer Issues Warning to WorldRome The world only has about three months of grain supply at any given time, according to the Australian science writer The world must act now to avoid conflict over food, land and water spreading from hot spots such as Syria to power centres like London and New York, according to a top science writer. Julian Cribb, an award-winning Australian journalist, called for an overhaul of global food production to avoid disputes over resources proliferating in new territories. "We tend to think of food
Read in AllAfrica: https://apple.news/An_
Africa: Japan's Africa Charm Offensive Leaves No Doubt China Is in Its CrosshairsThe Japanese government is pledging to support Africa's integration programmes, targeting to help strengthen regulatory institutions in what Tokyo says could "level the field" of trade. At the end of the Tokyo International Conference on African Development (Ticad) in Yokohama, Japan offered to support a series of programmes that could elevate African countries' governance and connectivity. "We welcome the AfCFTA (Africa Continental Free Trade Area) and the prospects it offers for deepening
Read in AllAfrica: https://apple.news/
Africa: Don't Dismiss Regenerated Forests As 'Green Deserts', Scientists SayKuala Lumpur A new study shows that replanted and naturally re-grown forests can support insects and plants in a similar way to older trees R eplanted forests and those left to recover after logging activities can preserve vital insect and plant life in a similar way to old-growth forests, scientists have found, as interest grows in expanding the world's forests to curb climate change. A 13-year study led by researchers at Xi'an Jiaotong-Liverpool University in Suzhou city examined the diversity
Read in AllAfrica: https://apple.news/ASEYcu_
Zimbabwe: Regime Change Talk a Govt Diversionary Tactic, Says EU EnvoyOUTSPOKEN EU ambassador to Zimbabwe Timo Olkkonen has accused the Zimbabwean government of attempts to divert attention around its poor human rights record through building conspiracy theories on an alleged western plot to effect regime change in Zimbabwe. The diplomat was speaking at a panel discussion at SAPES Trust on Thursday. Olkkonen was co-panelist during a Thursday SAPES Trust discussing on the topic, "The deepening crisis in Zimbabwe, what is to be done now?" The Emmerson Mnangagwa
Read in AllAfrica: https://apple.news/
ASIA
China’s lunar rover discovers strange substance on far side of the moon
The Yutu-2 rover found something weird inside a crater.
Read in CNET: https://apple.news/
Trump heaps more tariffs on China, still no deal in sight
The Trump administration slapped tariffs on roughly $110 billion in Chinese imports on Sunday, marking the latest escalation in a trade war that’s inflicting damage across the world economy. China retaliated.
Read in Bloomberg: https://apple.news/A8aZRuA_
China Imposes New Capital Controls, Targets Foreign Real Estate Purchases, As Yuan Falls To 11-Year Low
China's State Administration of Foreign Exchange has rolled out a new set of currency controls to crack down on capital flight from China to other countries, particularly targeting real estate investments by Chinese individuals and companies.This new set of currency controls include limits for real estate investors that make raising funds via foreign currency debt nearly impossible and stricter oversight of China's banks that handles these transactions.These new rules regarding the banks kick in
Read in Seeking Alpha: https://apple.news/
China’s spending on research and development up 11.8 per cent to US$275 billion in 2018
China’s spending on research and development rose by 11.8 per cent last year to 1.97 trillion yuan (US$275 billion), its third consecutive double-digit annual rise, Beijing said. Businesses were the main driver of the growth, accounting for more than 77…
Read in South China Morning Post: https://apple.news/
China plans more support for economy
BEIJING (Reuters) - China plans to provide more support for its economy, including investing in infrastructure projects and regional development, while maintaining a prudent...
Asian stocks mixed after US, Chinese tariff hikes
Asian stock markets mixed after US, China step up trade war with new tariff hikes
Read in ABC News: https://apple.news/
Weakening yuan piles pressure on highly indebted Chinese property developers
Chinese builders – already struggling with a stagnant housing market and several rounds of tightening credit control measures – now have to deal with a falling yuan amid increasing offshore debt. The yuan weakened by 3.84 per cent in August, the biggest…
Read in South China Morning Post: https://apple.news/
EUROPE
Britain's Longest-Running Financial Scandal Has Come To An End. What Happens Now?
Britain's Financial Conduct Authority has brought the long-running PPI scandal to an end. What does this mean for the banks, the claims, and the British economy?
Read in Forbes: https://apple.news/
What Are The Risks Of A No-Deal Brexit?
On the latest edition of Market Week in Review, Quantitative Investment Strategist Dr. Kara Ng and Research Analyst Brian Yadao discussed the latest Brexit developments, optimism in the China-U.S. trade war and downside risks to markets in the months ahead.What could transpire if the UK does crash out of the EU? Ng and the team of Russell Investments strategists expect British pound sterling to plummet against the euro, with the pound-to-euro exchange rate potentially falling to parity.Based on
Read in Seeking Alpha: https://apple.news/
Don’t be fooled, the only thing Boris Johnson wants from the northeast is permission to use Brexit to rob it blind
On top of the former Lower Tyne Colliery in Gateshead stands the Angel of the North. Her arms span some 53 metres, but her reach is far greater. In fact, she touches almost everyone in the northeast, as her creator intended. “I wanted to make an object that would be a focus of hope at a painful time of transition,” said Antony Gormley in 1998.
Read in The Independent: https://apple.news/AFynZP7eqT_
Swiss minister pessimistic on swift EU treaty, wary on Britain joining EFTA
Switzerland is unlikely to strike a deal with the European Union this year over a stalled partnership treaty, its economy minister said, extending an impasse that has hurt bilateral ties and disrupted cross-border share trading.
Read in Reuters: https://apple.news/ABA0MTF9_
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Tuesday 9/3/19 did update on the indicative rates Sell Rate 1190
The currency auction is 232,929,050
There is one news and announcements.
1.The Central Bank establishes a banking relationship with the World Bank's RAMP program
The Central Bank of Iraq announces the establishment of a banking relationship with the program.
September 03, 2019
The Central Bank of Iraq announces the establishment of a banking relationship with the program.
September 03, 2019
The Central Bank of Iraq announces the establishment of a banking relationship with the World Bank's Reserve Management Advisory Program (RAMP), which includes investment in bonds it issues.
The Bank explains that, through the Department of Investments and External Transfers, a plan has been prepared for cooperation with the World Bank in the management of reserves, and investment in bonds issued in dollars, at least $ 300 million.
The World Bank's Reserve Management Advisory Program (RAMP) is a platform for advising on asset and reserve management development in developing countries and international institutions to enable them to maximize their financial resources.
The Bank explains that, through the Department of Investments and External Transfers, a plan has been prepared for cooperation with the World Bank in the management of reserves, and investment in bonds issued in dollars, at least $ 300 million.
The World Bank's Reserve Management Advisory Program (RAMP) is a platform for advising on asset and reserve management development in developing countries and international institutions to enable them to maximize their financial resources.
Central Bank of Iraq
information Office
September 3, 2019
September 3, 2019
The Central Bank establishes a banking relationship with a World Bank program
Release date:: 3/9/2019 11:51 • 96 times read
BAGHDAD: The Central Bank of Iraq announced the establishment of a banking relationship with the advisory program for the management of reserves (RAMP) of the World Bank, and this relationship included investment in bonds issued.
A statement by the Central Bank of Egypt said that “through the Department of Foreign Investments and Transfers, a plan has been prepared for cooperation with the World Bank in the management of reserves and investment in bonds issued in dollar currency, at least $ 300 million.”
“The World Bank's Reserve Management Advisory Program (RAMP) is a platform to advise on the development of asset and reserve management in developing countries and international institutions to enable them to maximize their financial resources.”
“The World Bank's Reserve Management Advisory Program (RAMP) is a platform to advise on the development of asset and reserve management in developing countries and international institutions to enable them to maximize their financial resources.”
Click on link above for the latest update.
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
9-2-2019 Newshound Guru MyLadies In my opinion it's really just a common sense issue...Iraq is not in a vacuum and the biggest pill to swallow is the one where we finally have to admit to ourselves that we were just foolish and uneducated and gullible and dazzled by bull**** to think we would be millionaires overnight...Those who choose to accept what deleting the zeros...will be able to make a plan. Those that do not will be most likely jumping off bridges...I am not saying there is no money to be made with the dinar, and... [post 1 of 2....stay tuned]
9-2-2019 Intel Guru Eagleone2025 AS I SAID IN APRIL THERE WOULD BE THREE WINDOWS. SEPT- OCT IS THE THIRD WINDOW. AS I SAID SEE YOU IN SEPT. WE ARE HERE IN SEPT- OCT JUST LIKE MY SOURCES SAID. NOW WE WAIT AND SEE. NOT MANY WANTED TO HEAR THAT BUT THAT IS TRUTH. ALL WH AND MILITARY GOVT CONTACTS SAID IT WOULD BE SEPT- OCT. MID SEPT IS A CLOSER TIME FRAME.
9-2-2019 Intel Guru MarkZ [via PDK] A lot of rumors about liquidity tomorrow...I am very upbeat about where we are today. I am hearing from my Iraq contacts is that there is supposed to be a new a new rate there...not released to the world yet... contacts had gone very quiet...could be they are busy with work or sometimes Iraq squashes communications. One of my best contacts in Iraq is a contractor helping to rebuild the infrastructure...at this point they tell me over 90% have their new cards…they will have a gold backed electronic currency. [When do you think the 800 numbers will come out?] Based on what we are hearing- My guess is that we will see them by noon tomorrow.
9-2-2019 Newshound Guru larrykn ...I'm not sure about that where it will start. I still remember that article that talked about testing their rate at $1.13 to 122. why would they do that if they were going to start at 1190...but even if it did, I don't think it would take that long before we would see where we could be very happy, they have been working on bring investors into Iraq so when they do go to Art 8 that will be the lauch for the currency to start to move and I think it will move quickly. I know a lot of you don't like Kaps [Guru Kaperoni] theory but he might have a good point, Time will tell. the other thing is they are talking about bringing out the coins, doing that at 1190 would mean the cost of the coins would be more then their value.
9-2-2019 Intel Guru Frank26 In my opinion all that is required to make the announcement of their monetary reform change, [is] to make the announcement that they are article VIII. That they have lifted the 3 zeros from their exchange rate. All of this is ready to go...the economic reform has been sitting and waiting for the financial reform to be official...you get those two in and every company will pour into Iraq to rebuild it...
9-2-2019 Intel Guru MarkZ [via PDK] A lot of rumors about liquidity tomorrow...I am very upbeat about where we are today. I am hearing from my Iraq contacts is that there is supposed to be a new a new rate there...not released to the world yet... contacts had gone very quiet...could be they are busy with work or sometimes Iraq squashes communications. One of my best contacts in Iraq is a contractor helping to rebuild the infrastructure...at this point they tell me over 90% have their new cards…they will have a gold backed electronic currency. [When do you think the 800 numbers will come out?] Based on what we are hearing- My guess is that we will see them by noon tomorrow.
9-2-2019 Newshound Guru larrykn ...I'm not sure about that where it will start. I still remember that article that talked about testing their rate at $1.13 to 122. why would they do that if they were going to start at 1190...but even if it did, I don't think it would take that long before we would see where we could be very happy, they have been working on bring investors into Iraq so when they do go to Art 8 that will be the lauch for the currency to start to move and I think it will move quickly. I know a lot of you don't like Kaps [Guru Kaperoni] theory but he might have a good point, Time will tell. the other thing is they are talking about bringing out the coins, doing that at 1190 would mean the cost of the coins would be more then their value.
9-2-2019 Intel Guru Frank26 In my opinion all that is required to make the announcement of their monetary reform change, [is] to make the announcement that they are article VIII. That they have lifted the 3 zeros from their exchange rate. All of this is ready to go...the economic reform has been sitting and waiting for the financial reform to be official...you get those two in and every company will pour into Iraq to rebuild it...
9-2-2019 Intel Guru Delta Article quote: "The Teller can now trade demo and educational through the application to participate in the stock exchange, and send the name of the exchange company and mobile phone and the name of the person authorized to deal in the stock exchange on e-mail or communicate via WhatsApp to get the link to the program." HUGE INFO IN...NEW SOFTWARE TO BUY AND SELL FOREIGN CURRENCY...
9-2-2019 Newshound Guru Kaperoni It's funny how the gurus keep saying over and over that there will be no float, but yet Iraq is doing everything to prepare for a float by building a market economy and encouraging private investment. If we are ever going to get any financial gain from the dinar it's going to come from a float, meaning the currency appreciates gradually over time thus allowing the Central Bank of Iraq to collect the currency in circulation.
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
*************
ARTICLE 1 (from PM Mahdi's website)
At the time this report was submitted, there are no new articles posted on PM Mahdi's website.
*************
ARTICLE 2 (from Government of Iraq twitter account)
Iraq signs $33m agreement with UNDP to support stabilisation efforts
02 Sep 2019 - 12:54 pm
The Government of Iraq signed an agreement with the United Nations Development Programme (UNDP) under which Iraq will make a contribution of US $33 million to support stabilisation projects throughout the country.
The projects include the rehabilitation of infrastructure and the provision of basic services such as water, electricity, health care, housing and education, in liberated and areas affected, particularly in Nineveh, Anbar, Salahuddin, Diyala, Kirkuk and Basra provinces.
With this financial contribution, which will be administrated through the UNDP’s Funding Facility for Stabilisation (FFS), the Government of Iraq becomes one of the top 10 donors to UNDP’s stabilisation efforts in the country.
Iraqi officials say the agreement reflects Iraq’s commitment to the strategic partnership with the United Nations aimed at restoring stability in liberated areas, returning displaced people, and building and rehabilitating infrastructure.
The UNDP in partnership with the Iraqi government has to date completed more than 2,000 stabilisation projects, benefiting more than 8 million Iraqis.
The UNDP’s Funding Facility for Stabilisation (FFS) was established in June 2015 at the request of the Iraqi government and with the support of the Global Coalition to defeat Daesh.
*************
ARTICLE 3
Voting on stalled laws, controversial legislation, and interrogations of ministers is the most important thing in the next legislative term of parliament
Release date:: 2019/09/2 17:03 • 127 times read
[Baghdad-Where]
The House of Representatives intends to hold its first session of the new legislative term on September 13, where sources reported that hot files will be raised during the upcoming parliamentary sessions, most notably the questioning of ministers and evaluation of government performance and the foreign presence on Iraqi soil.
The House of Representatives intends to hold its first session of the new legislative term on September 13, where sources reported that hot files will be raised during the upcoming parliamentary sessions, most notably the questioning of ministers and evaluation of government performance and the foreign presence on Iraqi soil.
Parliamentary sources said in remarks followed on Monday that the parliament will be busy during the coming period to prepare for the conference of the Assembly of Asian Parliaments to be held in Baghdad on the third of this month, under the auspices of the House of Representatives and the participation of fourteen Asian countries. Ongoing.
According to the deputy of the Building Alliance Hussein Arab, there are about 111 draft law sent by the government awaiting parliament during the next legislative term, noting that "the law of the Federal Court and the abolition of the offices of general inspectors are the most important laws that have priority on the agenda of the sessions."
He explained that the parliament is determined to resolve and complete the legislation of the laws that were read a second reading, during the first quarter of the second legislative year.
While the MP from the conquest Alliance Siham Moussawi, the parliament intends to question a number of ministers lagging during the next legislative term, where she said that "among the ministers who will be questioned ministers of oil, finance and electricity," noting that "the questioning comes against the background of their violation of laws in addition to Violation of federal budget laws approved by Parliament.
For his part, MP, Star Jabri, that most of the laws that were enacted by the House of Representatives during its previous sessions have not been implemented, adding that "many of the laws that have been dealt with duplicated by some ministries for political and partisan reasons."
It is noteworthy that the President of the House of Representatives Mohammed Halbousi, announced in early August, the end of the second legislative term after being extended to one month.
According to the deputy of the Building Alliance Hussein Arab, there are about 111 draft law sent by the government awaiting parliament during the next legislative term, noting that "the law of the Federal Court and the abolition of the offices of general inspectors are the most important laws that have priority on the agenda of the sessions."
He explained that the parliament is determined to resolve and complete the legislation of the laws that were read a second reading, during the first quarter of the second legislative year.
While the MP from the conquest Alliance Siham Moussawi, the parliament intends to question a number of ministers lagging during the next legislative term, where she said that "among the ministers who will be questioned ministers of oil, finance and electricity," noting that "the questioning comes against the background of their violation of laws in addition to Violation of federal budget laws approved by Parliament.
For his part, MP, Star Jabri, that most of the laws that were enacted by the House of Representatives during its previous sessions have not been implemented, adding that "many of the laws that have been dealt with duplicated by some ministries for political and partisan reasons."
It is noteworthy that the President of the House of Representatives Mohammed Halbousi, announced in early August, the end of the second legislative term after being extended to one month.
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ARTICLE 4
Culture intends to erect a monument and call the tourist island of Mosul [martyrs]
2019/09/2 17:25
[Baghdad-Where]
Minister of Culture, Tourism and Antiquities Abdul Amir Al-Hamdani revealed on Monday the intention of the ministry to erect a monument near the crater of the city of Mosul, which was a witness to one of the methods of criminalizing the Islamic State terrorist in 2014, where innocent people of Mosul and members of the army were executed by dumping them. .
Minister of Culture, Tourism and Antiquities Abdul Amir Al-Hamdani revealed on Monday the intention of the ministry to erect a monument near the crater of the city of Mosul, which was a witness to one of the methods of criminalizing the Islamic State terrorist in 2014, where innocent people of Mosul and members of the army were executed by dumping them. .
The ministry said in a statement received by the All-Iraq News Agency [where] it "also intends to approach the province of Mosul proposal to launch the designation (the island of martyrs) on the tourist island of Mosul, which witnessed the sinking of the ferry in 2019, which killed a large number of the people of Mosul."
Al - Hamdani said that "he has already completed and over four years a map of the effects of Iraq in the form of (GIS) geographic information systems included more than 14,000 archaeological sites, including in Nineveh only 2,200 hill of urban, Jabal Sinjar and spring and others."
The statement added that "this came during his reception of the teaching from the University of Mosul Asma Ibrahim Zarzis, specialized in the program of geographic information systems (GIS)."
Al-Hamdani stressed, according to the statement, "the great importance of the Geographic Information System (GIS), as it has become involved in all details of life, including the archaeological aspect and that cooperation between sectors is very important to activate the role of this system, and that the ministry has a special section of remote sensing (GIS)."
Al - Hamdani said that "his intention to visit the right side of Mosul and Nuri Mosque accompanied by the director of the Sunni endowment, saying" that my heart and sentimental with the province of Mosul.
The statement continued that "Zarzis dedicated a set of three-dimensional paintings from her work on the incident of the sinking of the ferry Mosul, and other archaeological sites in Mosul, expressing thanks to Hamdani for its request, which was described by the Secretariat of the people of Mosul to the minister to change the name of the tourist island of Mosul to (Martyrs Island) to commemorate the incident ".
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ARTICLE 5
Media and Communications Commission suspends the license of the offices of the free channel in Iraq and demanding an "apology"
2019/09/2 17:27
[Baghdad-Where]
The Information and Communications Authority issued a statement on Al-Hurra TV on Monday, while the statement included suspending the license of the offices of the channel for three months and suspending its activities until it re-corrects its position.
The Commission called on the channel to "broadcast an official apology from the Office of the management of the channel in Iraq because of the programs caused by contempt and abuse of symbols and figures of religious institutions."
The Commission also called on the channel to "abide by the rules of media broadcasting rules and not to exceed its articles in its reports on the Iraqi issue."
"These measures serve as a final warning to the channel," she said, threatening to "take a harsher penalty in case of repeated abuse and breach of the articles of the broadcasting rules again."
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