Wednesday 9/11/19
Forex Rates:
Symbol | Bid | Ask | High | Low | Open | Change | Time |
---|---|---|---|---|---|---|---|
USD/IQD | | | 1192.4000 | 1192.4000 | 1192.4000 | | 00:00 |
USD/VND | | | 23184.6400 | 23169.3500 | 23184.6400 | | 02:20 |
USD/CNY | | | 7.1213 | 7.1083 | 7.1116 | | 04:08 |
USD/KWD | | | 0.3032 | 0.3030 | 0.3030 | | 04:03 |
GBP/USD | | | 1.2370 | 1.2340 | 1.2354 | | 04:09 |
USD/IRR | | | 42097.5000 | 42097.5000 | 42097.5000 | | 00:00 |
USD/IDR | | | 14078.0000 | 14000.0000 | 14044.0000 | | 04:07 |
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DC NY Iraq Articles:dd
Foreign Minister Mohammed Ali al-Hakim on Tuesday stressed the importance of urging countries to fulfill their commitments made at the conference on the reconstruction of Iraq in Kuwait.
A statement issued by the Foreign Ministry received 'orbit', a copy of it, that 'Foreign Minister Mohammed Ali al-Hakim discussed with Ahmed Aboul Gheit, Secretary-General of the League of Arab States, the overall political and security situation in Iraq and the region'.
The statement added, 'Hakim called for joint action to resolve regional problems in the region to achieve peace in the region, and stability', pointing out that 'Iraq strengthens the directions of the Arab League to coordinate efforts, and unify views to ease tensions, and to meet the challenges, and provide opportunities for security, and combat Terrorism.
Hakim stressed that 'the Arab League to urge countries to fulfill the pledges announced at the Conference on the reconstruction of Iraq in Kuwait'
Hakim stresses to Aboul Gheit the importance of urging countries to fulfill what they announced at the Kuwait conference
11-09-2019 12:44 AM
Number Of Hits: 16
Number Of Hits: 16
Orbit Agency -
Baghdad Foreign Minister Mohammed Ali al-Hakim on Tuesday stressed the importance of urging countries to fulfill their commitments made at the conference on the reconstruction of Iraq in Kuwait.
A statement issued by the Foreign Ministry received 'orbit', a copy of it, that 'Foreign Minister Mohammed Ali al-Hakim discussed with Ahmed Aboul Gheit, Secretary-General of the League of Arab States, the overall political and security situation in Iraq and the region'.
The statement added, 'Hakim called for joint action to resolve regional problems in the region to achieve peace in the region, and stability', pointing out that 'Iraq strengthens the directions of the Arab League to coordinate efforts, and unify views to ease tensions, and to meet the challenges, and provide opportunities for security, and combat Terrorism.
Hakim stressed that 'the Arab League to urge countries to fulfill the pledges announced at the Conference on the reconstruction of Iraq in Kuwait'
Declaration of mourning and disruption of official working hours in the holy city of Karbala for 3 days
11-09-2019
Baghdad / Al-Ghad Press:
The local government announced on Wednesday the mourning and disruption of official working hours in the holy city of Karbala for three days.
The government said in a statement received "tomorrow," that "at the request of the governor of the holy city of Karbala, Nassif al-Khattabi and the President of the Provincial Council, Ali al-Maliki and the approval of Prime Minister Adel Abdul-Mahdi, the local government in the holy province of Karbala, the official mourning, and disruption 3 days on the souls of the martyrs of Ashura visitors of Imam Hussein, peace be upon him who were martyred today during his running Twaireej and who martyred solubility and loyalty in the love of Imam peace be upon him.
He added, `` On this painful occasion, we extend to the families of the martyrs and the wounded with sincere condolences and great sympathy, and we ask God to confine them with the martyrs and the friends in the gardens of the mole and inspire their families patience and solace, asking God Almighty that the martyrs may be shrouded in mercy and bless the wounded with a speedy recovery. ''
KRG Office in Baghdad Reopens to Promote Good Ties
The representative office of the Kurdistan Regional Government (KRG) in Baghdad has been reopened so as to promote the relations between Erbil and Baghdad.
Head of the office, Faris Issa, told BasNews that the representative facility had been closed for several years, but that it was opened again to work as a "bridge" between the Kurdistan Region and Iraq as the two sides have agreed on resolving the remaining disputes through peaceful dialogue.
He added that the KRG will expand the structure of its office in Baghdad "for the purpose of further activating and institutionalizing the office."
"We want to make the KRG representative office in Baghdad an umbrella for all the Kurdish factions from the three authorities of legislation, executive, and judiciary from different Kurdistani political parties in Baghdad to address any issues in accordance with the Iraqi Constitution," Issa concluded.
Abdul Mahdi: What happened in Karbala can happen even in developed countries
Release date:: 2019/11/9 0:25 • 129 read times
Prime Minister Adel Abdul Mahdi said what happened in the holy city of Karbala could happen even in developed countries.
"The rapid and good rescue operation prevented a disaster in the stampede," he told reporters during a visit to the injured.
The Prime Minister praised the cooperation between the Karbala Health Department and the holy shrines, which resulted in saving hundreds of lives.
The Prime Minister praised the cooperation between the Karbala Health Department and the holy shrines, which resulted in saving hundreds of lives.
Nassif: Report of the Special Committee of the humiliating agreement with Kuwait reveals the extent of damage to Iraq
11/9/2019
Baghdad / Al-Ghad Press:
State of Law coalition MP, Alia Nassif, revealed a report showing Kuwait's use of the navigation regulation agreement in Khor Abdullah, calling on the three presidencies to activate the recommendations contained in the report of the Committee formed in the House of Representatives under the Parliamentary Order 77 to investigate the humiliating agreement Khor Abdullah .
In a statement received by Al-Ghad Press, Nassif said that the committee's report (77) points out the most important points that include damage to Iraqi interests and benefit the Kuwaiti side through the convention regulating navigation in Khor Abdullah.
According to the report, this "agreement is directly related to the port of Mubarak, which came contrary to the law of the sea as Iraq is a geographically affected country, and the agreement was signed on April 29, 2012 before the vote on the House of Representatives on August 22, 2013, and the lack of movement of ships "At present, the agreement needs to be suspended."
Nassif said that "the report contained very serious warnings that the Kuwaiti side under this agreement to monitor Iraqi warships and see the security movements of the Iraqi Coast Guard."
"The agreement harms Iraqi sovereignty because it prevents foreign ships coming to Iraq from flying the Iraqi flag, and includes a new demarcation of the border outside resolution 833, which is understood from the phrase (and then to the beginning of the entrance of the shipping channel at Khor Abdullah)."
"It also gives Kuwait sovereignty over part of the shipping lane, which it did not previously have under Resolution 833, while it obtained this sovereignty through this agreement," she said.
"The report also makes reference to the agreement that makes the readers fancy that it prevents fishermen from both sides from fishing in the canal, while the Kuwaiti fishermen do not fish in this impoverished canal leaving the long coasts of Kuwait, while Iraqi fishermen have no place except this canal." ".
"The agreement will harm Iraqi maritime agencies that provide services to ships when docked in Iraqi ports because they give Kuwaiti maritime agencies the right to provide services," Nassif said.
She stressed "the need for the three presidencies to implement the recommendations of the Commission (77), or the cancellation of the Convention in full because the channel is Iraqi and Kuwait has no right to it, while this agreement is a gift provided by the Iraqi authorities bribed to Kuwait on a plate of gold, it is a sale of part of Motherland".
She concluded by saying, "Anyone who supports the continuation of this agreement should immediately retract its position. Money is not everything in this world, and anyone who receives a bribe from Kuwait in return for passing the agreement can swallow the bribe and at the same time repent and return to his senses and stop its implementation.
Abul-Gheit calls on Arab League to notify countries of fulfillment of pledges to Kuwait conference
Release Date:: 2019/11/9 0:49 • 25 times read
Foreign Minister Mohammed Ali al-Hakim discussed with the Secretary General of the League of Arab States, Ahmed Aboul Gheit, the overall political and security situation in Iraq and the region.
He called on the Minister al-Hakim, according to a statement issued by the Foreign Ministry, which received (Euphrates News) a copy, to work jointly to resolve the regional problems in the region to achieve peace in the region, and stability.
He pointed out that Iraq reinforces the Arab League's directives to coordinate efforts and unify opinions to ease tensions, meet challenges, and provide opportunities for security and combat terrorism.
He stressed that the Arab League should undertake to urge countries to fulfill their pledges announced at the conference on the reconstruction of Iraq in Kuwait.
He pointed out that Iraq reinforces the Arab League's directives to coordinate efforts and unify opinions to ease tensions, meet challenges, and provide opportunities for security and combat terrorism.
He stressed that the Arab League should undertake to urge countries to fulfill their pledges announced at the conference on the reconstruction of Iraq in Kuwait.
Kauaihn Iraq Articles:dd
Government of Karbala declares official mourning for 3 days
11/09/2019 12:45 AM | Number Of Hits: 97
Ahd News- Karbala
Mourning was declared in the holy province of Karbala for three days after the martyrdom and injury of 131 people following the stampede during the Ashura ceremony commemorating the martyrdom of Imam Hussein "peace be upon him".
The Karbala government reported on Wednesday, In a statement received by Al-Ahd News, a copy of it, said that "upon the request of the Governor of Karbala, Nassif Al-Khattabi and the Chairman of the Council of Provincial Ali al-Maliki and the approval of Prime Minister Adel Abdul Mahdi, the local government in the holy city of Karbala declares a three-day official mourning for the lives of Ashura martyrs. Visitors of Imam Hussein (peace be upon him) who were martyred today during his running Twaireej and who martyred solubility and loyalty in the love of Imam peace be upon him. "
She added, `` On this painful occasion, we extend to the families of the martyrs and the wounded with sincere condolences and great sympathy, and we ask God to confine them with the martyrs and the friends in the gardens of the mole and inspire their families patience and solace, asking God Almighty to shed martyrs through his mercy and to grant the wounded a speedy recovery.
Hakim to his Jordanian counterpart: activate the investment of Jordanian companies in the field of reconstruction
11-09-2019 11:52 PM
Orbit Agency -
Baghdad Foreign Minister Mohammad Ali al-Hakim on Tuesday stressed the importance of activating the investment of Jordanian companies in the field of infrastructure reconstruction.
A statement by the Foreign Ministry received a 'copy', that 'Foreign Minister Mohammed Ali al-Hakim met with Jordanian Foreign Minister Ayman Safadi on the sidelines of the Arab League Council's 152nd ordinary meetings at the ministerial level,' noting that 'the two sides discussed ways to enhance cooperation between Baghdad and Amman in the fields Economic, developmental and other sectors'.
Hakim called on Jordanian companies to 'invest in Iraq in the field of infrastructure reconstruction', expressing 'aspiration to extend the bridges of political consultation in various issues that are the priority of the two countries'.
He added, 'The meeting reviewed regional developments, the importance of security coordination and combating terrorism, and agreed to continue meetings and consultation; to strengthen mechanisms of joint action to meet the current challenges, and to ensure the preservation of security and stability in the Arab region.'
Iraq: We reject the presence of Turkish troops in our territory and communicate with Ankara on the subject
Posted: 11.09.2019 |
Iraqi Foreign Minister Mehmet Ali al-Hakim has confirmed his country's rejection of the presence of Turkish troops on Iraqi soil, saying Baghdad is communicating with Ankara on the issue and the Turkish brothers are aware of the sensitivity of the matter.
Hakim said in a speech on Tuesday during his presidency of the first session of the Council of Ministers in the Arab League, that Iraq rejects the Turkish military presence on its territory, and works to end it by all means.
Hakim added that his country expressed its readiness to cooperate with Turkey security and ways agreed upon between the two countries.
Asked about the latest developments in the field of consultation with the Turkish side regarding the exit of Iraqi forces from Iraq, Hakim said during a press conference at the headquarters of the Arab League: "In fact we are in constant contact, at the level of foreign ministers, defense and intelligence , And the Turkish brothers know the sensitivity of the region and its importance. "
Hakim continued: "We also know the seriousness of the PKK and its positions, and we also have a fruitful Iraqi effort in this aspect with the Turks."
On the other hand, the Iraqi foreign minister said that his country fought terrorism "on behalf of all" and managed to defeat it, but it is still on the border of Iraq with Syria, adding: "We will help our Syrian brothers to arrest terrorist groups there."
Turkey is carrying out continuous military ground and air operations on Iraqi soil that it says are aimed at elements of the Kurdistan Workers Party (PKK), which Ankara considers a terrorist.
On May 27, Turkish forces launched a military "claw" operation in the Halkurk region in northern Iraq, with the aim of completely eradicating the "threat of terrorism threatening the country," amid strong opposition from the Iraqi authorities.
Interior Minister visits Karbala to check security preparations for the success of Ashura visit
11/09/2019
BAGHDAD - Mawazine News
Interior Minister Yassin Taher al-Yasiri arrived in Karbala on Tuesday to lead a ministerial delegation to supervise the security plan designed to secure the visit of Ashura.
"Yasiri met with the governor of Karbala Nassif al-Khattabi and a number of security leaders in the province to discuss the importance of cooperation between security forces and local government and owners of Husseiniya processions for the success of the Ashura visit and to provide appropriate services to visitors," the Interior Ministry said in a statement.
According to the statement, the Minister of Interior inspected "the controls deployed at the entrances of the holy city of Karbala, and reviewed the procedures followed by the security men in the search of vehicles and citizens to ensure the visit million and ensure the flow of traffic to the city center, and followed the security units deployed in the roads of the holy province of Karbala."
"Yasiri met with the governor of Karbala Nassif al-Khattabi and a number of security leaders in the province to discuss the importance of cooperation between security forces and local government and owners of Husseiniya processions for the success of the Ashura visit and to provide appropriate services to visitors," the Interior Ministry said in a statement.
According to the statement, the Minister of Interior inspected "the controls deployed at the entrances of the holy city of Karbala, and reviewed the procedures followed by the security men in the search of vehicles and citizens to ensure the visit million and ensure the flow of traffic to the city center, and followed the security units deployed in the roads of the holy province of Karbala."
"The conduct of the security plan to secure the visit of Ashura Imam Hussein (peace be upon him) in peace and security."
Tuesday, September 10, 2019 02:41 AM
| Number Of Hits: 37
Eye of Iraq News condoles the Islamic world martyrdom of Imam Hussein (AS) and stopped broadcasting its news for a full day
Tuesday, September 10, 2019 02:41 AM
| Number Of Hits: 37
Eye of Iraq News condoles the Islamic world martyrdom of Imam Hussein (AS) and stopped broadcasting its news for a full day
BAGHDAD / ... The family of the editorial agency "Eye of Iraq News" extend its deepest condolences to the Islamic nation on the occasion of the testimony of Imam Hussein, peace be upon him on the tenth of Muharram, and stressing the need to draw lessons An honest platform for the right and a beacon for free and honest word.
On this occasion, "Eye of Iraq News" apologizes to its readers for the continuation of its activities on the tenth of the month of Muharram Al-Haram coinciding with the martyrdom of Imam Hussein and his house clean at peace, to return to work next Wednesday, God willing
The Ministry of Finance responds to al-Jubouri regarding the minister's house and his office staff
11/09/2019 11:19 AM
Ahd News - Baghdad
The Ministry of Finance responded to what was reported by some social networking sites regarding a statement by the Chairman of the Finance Committee in the House of Representatives, Haitham al-Jubouri, in which he talked about the amounts of rent of the house of the Minister of Finance and some employees in his office .
A statement from the ministry received "Al-Ahd News" on Monday, "The statement of the deputy is old, talking about another minister and what was quoted by some social networking sites does not apply to the current minister completely ".
"The Deputy Prime Minister and Minister of Finance lives in one of the houses of the government. There is no house for his office manager, secretary and security director," the ministry said in a statement.
The Ministry of Finance called "the media and social networking sites to be careful and take the information from official sources."Diyala police chief reveals the circumstances of the bombing of the village of "Husseinawi"
Nassif: Report of the Special Committee of the humiliating agreement with Kuwait reveals the extent of damage to Iraq
11/09/2019
Baghdad / Al-Ghad Press:
State of Law coalition MP, Alia Nassif, revealed a report showing Kuwait's use of the navigation regulation agreement in Khor Abdullah, calling on the three presidencies to activate the recommendations contained in the report of the Committee formed in the House of Representatives under the Parliamentary Order 77 to investigate the humiliating agreement Khor Abdullah .
In a statement received by Al-Ghad Press, Nassif said that the committee's report (77) points out the most important points that include damage to Iraqi interests and benefit the Kuwaiti side through the convention regulating navigation in Khor Abdullah.
According to the report, this "agreement is directly related to the port of Mubarak, which came contrary to the law of the sea as Iraq is a geographically affected country, and the agreement was signed on April 29, 2012 before the vote on the House of Representatives on August 22, 2013, and the lack of movement of ships "At present, the agreement needs to be suspended."
Nassif said that "the report contained very serious warnings that the Kuwaiti side under this agreement to monitor Iraqi warships and see the security movements of the Iraqi Coast Guard."
"The agreement harms Iraqi sovereignty because it prevents foreign ships coming to Iraq from flying the Iraqi flag, and includes a new demarcation of the border outside resolution 833, which is understood from the phrase (and then to the beginning of the entrance of the shipping channel at Khor Abdullah)."
"It also gives Kuwait sovereignty over part of the shipping lane, which it did not previously have under Resolution 833, while it obtained this sovereignty through this agreement," she said.
"The report also makes reference to the agreement that makes the readers fancy that it prevents fishermen from both sides from fishing in the canal, while the Kuwaiti fishermen do not fish in this impoverished canal leaving the long coasts of Kuwait, while Iraqi fishermen have no place except this canal." ".
"The agreement will harm Iraqi maritime agencies that provide services to ships when docked in Iraqi ports because they give Kuwaiti maritime agencies the right to provide services," Nassif said.
She stressed "the need for the three presidencies to implement the recommendations of the Commission (77), or the cancellation of the Convention in full because the channel is Iraqi and Kuwait has no right to it, while this agreement is a gift provided by the Iraqi authorities bribed to Kuwait on a plate of gold, it is a sale of part of Motherland".
She concluded by saying, "Anyone who supports the continuation of this agreement should immediately retract its position. Money is not everything in this world, and anyone who receives a bribe from Kuwait in return for passing the agreement can swallow the bribe and at the same time repent and return to his senses and stop its implementation."
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Crypto News From Brazil: Sept. 2–8 in Review
Brazil has seen a tumultuous week in the cryptocurrency industry. The tax agency announced that they are running out of funds, the Securities and Exchange Commision (CVM) claimed that Brazil is “broke,” the Central Bank of Brazil introduced a new instant payment system, and Cielo, Brazil's largest credit card operator, is now accepting Bitcoin and crypto. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Brasil. Brazilian tax agency is running
Read in Cointelegraph: https://apple.news/ AJZ5TedsnSnaq0kRiOOl1LA
NewsBreak: Sterling Struggles to Hold Gains after U.K. Jobs ReportForex Sep 10, 2019 08:41 GMT Investing.com - The British pound struggled to hold gains against the U.S. dollar and the euro on Tuesday after the U.K. employment report for July showed solid wage growth and a slight decrease in the unemployment rate. Annual wage growth hit 4% for the first time since 2008 but the currency remains tied to the unfolding drama over Brexit. GBP/USD at 1.2329 by 04:40 AM ET(08:40GMT) , EUR/GBP at 0.8952 Average weekly earnings +4.0%, highest since June 2008; average
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Sterling Extends Rally as GDP Data Suggests Receding Recession Risks | Action Forex
Sterling rises broadly today as recession risk recede after better than expected GDP data. While it’s unsure whether growth could sustain, the Pound cheers the improved outlook anyway. At this point, Australian Dollar is second strongest, followed by New Zealand Dollar. On the other hand, Swiss Franc is the weakest one, followed by Yen and […] The post Sterling Extends Rally as GDP Data Suggests Receding Recession Risks appeared first on Action Forex.
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EUR/JPY And GBP/JPY Monthly Outlook | Action ForexThe Euro and British Pound declined heavily in the past few months against the Japanese Yen. Both EUR/JPY and GBP/JPY are correcting higher, but upsides are likely to remain capped. Important Takeaways for EUR/JPY and GBP/JPY The Euro settled below the main 120.00 support area against the Japanese Yen. There is a key bearish trend […] The post EUR/JPY And GBP/JPY Monthly Outlook appeared first on Action Forex.
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The 500 euro-note phaseout could have an unintended consequencePeople may soon want cash more than ever if negative deposit rates come. But the 500 euro bill, the highest cash useful storage of value in the EU, is vanishing.
Read in Yahoo Finance: https://apple.news/ Avi4K2AcAQoSR34xwVDTlTQ
EUR/GBP Outlook: Fresh Bears Crack Significant Supports But Without Clear Break for Now | Action Forex
The cross falls to six-week low at 0.8904 on Monday in extension of steep fall from 0.9148 (3 Sep lower top of larger downtrend from 0.9324, 12 Aug high) driven by fresh strength of British pound. Fresh bears emerged after Friday’s consolidation and probed below 100DMA (0.8925) to find footstep at 50% retracement of 0.8489/0.9324 […] The post EUR/GBP Outlook: Fresh Bears Crack Significant Supports But Without Clear Break for Now appeared first on Action Forex.
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China's yuan slips, blue-chip stocks up for 7th day after Beijing cuts RRR* Onshore yuan falls, Shanghai shares rise 0.8%
Read in Reuters: https://apple.news/ AVbCoABhfQNufP9OHf1ilrQ
Forex - Yuan, Aussie Dollar Slip on Weak Inflation Data, Business ConfidenceForex Sep 10, 2019 05:17 GMT Investing.com - The Chinese yuan and the Australian dollar slipped against the U.S. dollar on Tuesday in Asia following the release of weaker-than-expected data. The USD/CNY pair traded slightly lower at 7.1160 by 1:10 AM ET (05:10 GMT). Government data showed the country’s producer price index fell 0.8% in August from a year earlier, its worst year-on-year contraction in three years. The People's Bank of China cut the amount of cash that banks must hold as reserves
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Forex -- Yen Sips to 5-Week Lows; Sterling Steady near 1-1/2 Month HighsForex Sep 10, 2019 07:45 GMT Investing.com - The yen slid to a five-week low against the dollar on Tuesday, while the British pound was hovering near one-and-a-half month highs amid diminishing chances of a no-deal Brexit and cautious hopes of a trade war breakthrough. By 03:32 AM ET (07:32 GMT) the dollar ticked up 0.1% to 107.31 yen. Moves in the foreign exchange market remained subdued ahead of a key European Central Bank meeting on Thursday, where policymakers are widely expected to deliver
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How Do I Know If I Need Therapy?
This piece is part of HuffPost's international series on therapy. Itoriginally appeared on HuffPost Canada.For some people, the decision to seek out therapy is an easy one -- they'vereceived a mental health diagnosis they know they can't handle on their own,or they want to try out a certain kind of therapy.But you don't need to have a specific diagnosis to benefit from therapy. "Mostof us have relationships that are in need of some rehab, and most of us havesome habits or behaviors that we would
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Ground-breaking blood test could reduce lung cancer deaths
A ground-breaking blood test could cut the number of people who die from lung cancer each year.
Read in Sky News: https://apple.news/ A6Q2FCuYBSFGnIKBSMjqkZg
Defeat malaria in a generation - here's howThe world could be free of malaria by 2050, says a major report that sets out the road to eradication.
Read in BBC News: https://apple.news/ AWusfRJnyTu6CmOVA-Zdhrw
CDC urges halt to vapingThe Centers for Disease Control and Prevention is asking people to stop vaping, as it investigates a fifth death potentially linked to e-cigarettes. The number of cases of severe lung illness possibly caused by vaping has surged to more than 450 in 33 states. Dr. Tara Narula introduces us to the parents of a Colorado college freshman who say vaping nearly took their daughter’s life.
Read in CBS News: https://apple.news/ AJW0wzmZ3SUCGHf938qiIQQ
Government to invest £130m in tech to treat cancer, dementia and Parkinson’sThe government has announced it will invest £133m in new technology for the NHS, including tools for arthritis and cancer diagnosis, as well as gene-based therapies for diseases including dementia.
Read in The Independent: https://apple.news/ AkmqWE9eTTIWgycnsTeeCXA
Mnuchin says U.S-China talks show 'good faith' by Beijing
Treasury Secretary Steven Mnuchin said Monday he takes it as a sign of "good faith" by China that officials will restart trade talks with their U.S. counterparts. Officials are expected to begin discussions in early October and Mnuchin told Fox Business News his objective is getting a good deal for American workers and companies. President Donald Trump is willing to continue with tariffs on Chinese goods if there's no deal, Mnuchin added. Separately, Mnuchin told the network he didn't see signs
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Are Government Bonds and Even Cash the Next Big Bubble?With central banks around the world holding interest rates so low for so long, asset bubbles have already floated up all around us including in government bonds and even in cash.
Read in Forbes: https://apple.news/ AQydYWsxPSvSTuTQV7jKXLQ
Colombia to tell UN that Venezuela harbors 'terrorists'
A news magazine says leaked intelligence reports indicate that Venezuela's government is harboring Colombian rebels in its territory _ and Colombian officials say that coincides with allegations they will present this month to the United Nations
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Mexico and Pemex will hedge oil output -2020 budget planMexico will maintain a strategy of hedging its oil output against lower prices, the government said in its 2020 budget proposal unveiled on Sunday, adding that state oil company Pemex would also continue a similar but separate hedging program.
Read in Reuters: https://apple.news/ A66kow0MfQsK3ytoKye5s7w
Mexican government proposes restricting double tractor-trailer trucks - FreightWavesMexico’s legislature is considering proposals that would limit the permitted weight of double tractor-trailer trucks — called “fulles” in Mexico — to decrease truck-involved accidents and relieve traffic congestion. Cities across Mexico – such as Monterrey, Puebla, Jalisco and Mexico City – are also considering restricting speed limits and the time of day/night double tractor-trailer trucks can travel on roads. The new proposal, introduced in the Mexican legislature in August, aims to bring the
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The Best Value Wines of ArgentinaOne of the oldest "New World" wine regions, Argentina has built a reputation on value.
Read in Wine-Searcher: https://apple.news/ AK0PoYBSGQbqO2lc_VX-G-Q
'Chaos, chaos, chaos': Amazon still ablaze as Brazil dismisses 'fuss' over firesA 2,000km road and river odyssey through rainforest reveals consensus from all sides: Bolsonaro has spurred a record burning season and ushered in a new age of wrecking From afar it resembles a tornado: an immense grey column shooting thousands of feet upwards from the forest canopy into the Amazonian skies. Up close it is an inferno: a raging conflagration obliterating yet another stretch of the world’s greatest rainforest as a herd of Nelore cattle looks on in bewilderment. Continue reading...
Read in the guardian: https://apple.news/A6wT8L- uRPeOlr9X4qQAoqg
BRIEF-Bioton Says Biomm Terminates Deal For Commercialization Of Recombinant Human Insulin In BrazilBioton SA:
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Brazil says China approves 25 meat processing plants for exportsBrazil's Agriculture Ministry said on Monday that China has authorized 25 Brazilian meat processing facilities to export to China.
Read in Reuters: https://apple.news/ AAiFJTLfRTGCOvVViJ8vWeA
How companies are trying to de-rain forest their supply chains as the Amazon burnsAs the Amazon continues to burn—more than 2.3 million acres in Brazil alone have burned so far this year—some companies are beginning to reconsider buying from suppliers in the area. On Friday, H&M announced that it would stop buying leather from Brazil “until there are credible assurances . . . that the leather does not contribute to environmental harm in the Amazon.” The week before, VF Corporation, the parent company of Timberland, Vans, and the North Face, made a similar decision. Mowi, one
Read in Fast Company: https://apple.news/ A0cEV42OATSeYdm-1K0oceQ
Brazil worker who protected indigenous tribes killed in AmazonReports say an official who protected land from farmers and loggers was shot twice in the head.
Read in BBC News: https://apple.news/ AxhvsyQnfQOKHVHvhPSNRWg
Citi's Atiq Rehman appointed head of EMEA emerging markets businessCitigroup Inc has appointed Atiq Rehman, currently Middle East and Africa head at the U.S. bank, as the head of the newly created EMEA Emerging Markets Cluster, according to an internal email sent on Monday and seen by Reuters.
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Syria war: 'Air strikes' hit Iran-backed forces near Iraq borderA monitoring group says 18 fighters were killed in the overnight raids near the Iraq border.
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The Latest: China blames US for Iran nuclear tensions
China has blamed the United States for tensions over Iran's nuclear program and called for world powers to stick to their deal with Tehran
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Iran Says Concerned about Situation in AfghanistanIranian Foreign Minister Mohammad Javad Zarif has expressed concern over the current situation in Afghanistan, warning against possible fresh violence in the country.
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Iran's latest nuke deal breach is installation of more than 30 new centrifuges, IAEA says
Iran has installed dozens of advanced centrifuges to accelerate uranium enrichment, the United Nations' atomic watchdog disclosed Monday, a revelation representing just the latest in a series of provocative breaches of the 2015 nuclear deal by the Islamic Republic.
Read in Fox News: https://apple.news/ Afd2chNJITu-ftqy1UmOENg
New Saudi energy minister says producers should 'share responsibility' to balance oil market ahead of OPEC meeting
New Saudi energy minister says producers should 'share responsibility' to balance oil market ahead of OPEC meeting
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Oil Prices Rise as Saudi Energy Minister Signals Commitment to Output CutsCommodities Sep 10, 2019 03:56 GMT Investing.com - Oil prices extended gains on Tuesday in Asia as newly appointed Saudi energy minister Prince Abdulaziz bin Salman hinted his commitment to production cuts. U.S. Crude Oil WTI Futures traded 0.5% higher to $58.12 by 11:42 PM ET (03:42 GMT). International Brent Oil Futures rose 0.4% to $62.85. The gains came after Prince Abdulaziz said there will not be any radical change in the kingdom’s oil policy and a global deal to cut oil production by 1.2
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South African attacks on foreign shops continue; 12 deadTwo people were killed in Johannesburg, police confirmed Monday, bringing to 12 the number of deaths since the violence broke out last month
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Zimbabwe: Petrotrade Seeks to Spread Its FootprintPetroTrade, a government-owned fuel and logistics company, is seeking ways to grow its market share beyond 10% with plans to extend operations to rural areas. Godfrey Ncube, the company's acting CEO, told Standardbusiness Petrotrade's market share was too low and there were plans to aggressively grow its footprint. "The future plan is to grow the company. We want to be the company that supplies fuel to different parts of the country," he said. "Our aim is that probably in the next three or so
Read in AllAfrica: https://apple.news/ AIeR28ykBM8uT-GDZAsqhhQ
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/ AhDut74OFPDmaXqt0vJe_Fg
Zimbabwe: Govt Calls for Adoption of Electric Cars As Fuel Blues PersistAs permanent solutions to the country's fuel shortages remain out of sight, Government is stepping up on an ambitious substitute for the precious liquid by promoting the use of electric cars, a top government official has revealed. Zimbabwe has battled acute energy shortfalls for over a year now owing to low foreign reserves to import adequate supplies. Writing on his Twitter account yesterday, Energy and Power Development Minister, Fortune Chasi said government is working on introducing
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Zimbabwe: Civil Society Group Calls for Sanctions RemovalSome Matebeleland based civic society and church organisations have petitioned the European Union (EU) and the US for the removal of sanctions which were imposed on the country nearly 20 years ago. The EU and US slapped then President Robert Mugabe and leading figures in his administration at the turn of the century over accusations of human rights abuses and electoral fraud. Mugabe died last week in Singapore, the EU had since scaled down the measures to leave the late former President, his
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Zimbabwe: The Elders Revive Zim National Dialogue ProspectsZimbabwe's political crisis has once again attracted the attention of global political leaders with The Elders now looking at ways of bringing to the negotiating table heckling parties in the country. The Elders a group of eminent international politicians known was in the country last week to try and kick-start a sticky negotiation process between ruling party Zanu PF and MDC. Led by its chairperson Mary Robinson and her deputy former Mozambican First Lady who later became South African First
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Mugabe's anti-colonial rage fueled long reign over ZimbabweMugabe's anti-colonial rage fueled reign as one of Africa's most influential, longest-lasting leaders
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ASIA
China Buying More Gold, Bitcoin Accumulation Inevitable?As economic tensions escalate and the Trump administration continues with its war on trade, China has started stockpiling safe-haven assets. Gold appears to be the asset of choice for the central bank but Bitcoin is likely to be a good option for the people. China Adds 100 Tons to Gold Reserves According to a Bloomberg report today, China has stockpiled 100 tons of gold bullion adding to the accumulation it began in December. China’s gold-buying spree nears 100 tons as trade war drags https://
Read in Bitcoinist.net: https://apple.news/A- BV3DVjJMYmIeSalkkj7dw
Wealthy Chinese apply to move to the UK at the highest rate since 2014 as the trade war puts them off the US
The trade war is driving rich Chinese people to drop their plans to emigrate to the US and seek alternative destinations in Europe, particularly the UK, the latest data suggests. Applications for so-called tier-1 investor visas to the UK by ultra-wealthy…
Read in South China Morning Post: https://apple.news/ ACZuuh1uSRpChfvVY9YyE9w
China: State-backed digital currency could be ready by this yearChina may be taking the lead in the next evolution of money, as representatives of the country's central bank say a state-backed digital currency could be ready this year.
Read in Axios: https://apple.news/ APq5fgzadRc6-XjSXUuq6Sg
Chinese Dealmaking Hits 5-Year Low on Trade War Pain
An investor looks at his mobile phone showing stock market movements at a securities company in Beijing on May 14, 2019. News Analysis Global transactions slowed in the first half of 2019 led by China, which saw mergers and acquisitions (M&A) plunge to a 5-year low as U.S.-China trade war pain set in. Chinese leader Xi Jinping launched his ambitious infrastructure investment project, the “One Belt, One Road” (OBOR) initiative, in September 2013, which traced the lines of the original Silk Road
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Gold Prices Slip to Three-Week Low as Chinese Buying SlowsCommodities Sep 09, 2019 14:53 GMT Investing.com -- Gold prices slid to a three-week low on Monday as risk assets extended the gains they made on Friday after the U.S. labor market report. By 11 AM ET, gold futures for delivery on the Comex exchange were down 0.5% at $1,508.55 a troy ounce. Spot gold was down 0.5% at $1,500.16. There was fresh evidence from China that the flood of central bank buying that drove gold's rally in the first half of the year may be drying up. The Chinese central bank
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French foreign minister wants to rebuild ties with RussiaFrance's top diplomat has called for re-building ties with Russia following a major prisoner swap between Russia and Ukraine
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UK not ‘recession ready’, think tank warnsThe UK is unprepared for a recession, a new report from the Resolution Foundation has warned.
Read in The Independent: https://apple.news/ A5K7titNpTUGHGQka79_Fjg
Britain's Brexit heartland seethes at delay and 'betrayal'Like its American namesake, the English town of Boston has a reputation for rebellion
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EU-Swiss trading dispute has Brexit implications, says Swiss stock exchange bossA stock exchange dispute between Switzerland and the European Union could be a sign of things to come for the U.K., according to the CEO of Switzerland's biggest exchange.
Read in CNBC: https://apple.news/ A9JKiOAxeTaSKLs_LGUqUfw
Report that Germany weighing 'shadow budget' drives euro higher
Germany is considering what's called a "shadow budget" to enable it to increase public investment beyond the restrictions of constitutionally enshrined debt rules,Reuters reported, citing three people familiar with the talks. The report said the move could allow Europe's largest economy to take advantage of zero borrowing costs to increase investment in infrastructure and climate protection. The euro climbed to the highest level of the day, fetching $1.1048 from a previous close of $1.1030.
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GLOBAL/NEWS/INFO
Good Morning from CNN
https://mailchi.mp/cnn/all-10 Things to Know for TodayAmong 10 Things to Know: Trump's Taliban decision pushes Afghanistan toward vote; Hurricane survivors struggle to start new life in Bahamas; North Korea changing pressure tactics
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The Paradigm ShiftRecent developments tell us that 75% of developed countries have a manufacturing PMI in contraction.However, if we're to learn something from the past, a global recession likely brings a higher USD, not a lower one. The paradigm, thus, is yet to shift.The U.S. dollar remains strong despite efforts by the White House to talk down the currency.
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OIL/COMMODITIES/ENERGY
Gold heads modestly higher, tries to avoid 3-session skid
Gold futures on Monday traded modestly higher on, as the precious metal attempted to halt a two-session slide that has come as assets perceived as risky have rallied, dulling its appeal.
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'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.
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Gold Unable To Lift 1,560 Barrier, Upward Channel Sustains Confidence | Action ForexGold gave up some ground after failing to cross the 1,560 border, with the sellers currently eyeing the 1,493 noisy support area as the technical indicators warn over a neutral-to-bearish session in the short-term; the RSI is attached at its 50 neutral mark following last week’s decline and the MACD continues to lose momentum below […] The post Gold Unable To Lift 1,560 Barrier, Upward Channel Sustains Confidence appeared first on Action Forex.
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Gold Slips, Briefly Snapping $1,500 Support, on Risk PlayCommodities Sep 09, 2019 18:35 GMT Investing.com - The appetite for risk is ramping up and, conversely, the preference for safe havens is plummeting. Gold prices dropped to a two-week low on Monday as bullion briefly snapped below the key $1,500 support level after rising U.S. bond yields pushed investors toward stocks, oil and other risk assets. Spot gold, reflective of trades in bullion, traded at $1,504.08 per ounce by 2:10 PM ET (18:00 GMT) and was down $2.92, or 0.2%, on the day. The
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Alkane Resources hits thick gold-copper mineralisation at Northern Molong exploration targetsDrilling by Alkane Resources (ASX: ALK) at the Boda and Kaiser prospects within its Northern Molong porphyry project in New South Wales has resulted in the discovery of “significant porphyry gold-copper mineralisation” increasing in thickness and grade at depth. Boda was tested with one diamond drill hole 200 metres beneath a previously-defined zone of gold...
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Oil Prices Rise as Saudi Energy Minister Signals Commitment to Output CutsCommodities Sep 10, 2019 03:56 GMT Investing.com - Oil prices extended gains on Tuesday in Asia as newly appointed Saudi energy minister Prince Abdulaziz bin Salman hinted his commitment to production cuts. U.S. Crude Oil WTI Futures traded 0.5% higher to $58.12 by 11:42 PM ET (03:42 GMT). International Brent Oil Futures rose 0.4% to $62.85. The gains came after Prince Abdulaziz said there will not be any radical change in the kingdom’s oil policy and a global deal to cut oil production by 1.2
Read in Investing.com: https://apple.news/
Oil Jumps on New Saudi Oil Minister Appointment
Commodities Sep 09, 2019 16:44 GMT By Barani Krishnan Investing.com - The oil rally has got an unexpected shot in the arm from Saudi Arabia’s surprise replacement of its oil minister. Crude prices jumped about 2% Monday after Saudi King Salman appointed one of his own sons, Prince Abdulaziz bin Salman, to take over from Khalid al-Falih to run the most important ministry in the country that leads the OPEC. Known as ABS by his initials, Abdulaziz is a long-time Saudi delegate to OPEC and brother
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BANKS/BANKING/CREDIT
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
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Banks Around The World Face Significant Profits Pressure For The Foreseeable FutureThe slowing global economy, along with low interest rates, trade tensions, and intensifying Brexit uncertainty will weigh on banks’ profitability. What worries me is that these factors, coupled with increasing deregulation in the US, will embolden banks to take excessive risks and hurt taxpayers.
Read in Forbes: https://apple.news/
Like smartphones, credit cards have drastically evolved over the last decade. Here's how they've changed — for better and for worse.Like smartphones, credit cards have changed a lot over the last several years. Recent updates to credit cards include chip-and-PIN technology and the ability to tap to pay. Cards like the American Express® Gold Card also now feature metal designs. As credit cards have become more sophisticated and added new benefits, some of their annual fees have increased. Cards like the Chase Sapphire Reserve cost $450 per year. It can often be worth upgrading to a newer credit card as additional benefits and
Read in Business Insider: https://apple.news/
TREASURIES/BONDS/STOCKS
Stocks are poised to hit a new record this weekStocks are set to surpass their July records, yet the view and the mood are a bit different now.
Read in CNBC: https://apple.news/AyHoO_
JP Morgan has created an index to track the effect of Trump's tweets on financial marketsPresident Trump's market-moving tweets most often address trade and monetary policy, with keywords including "China," "billion" and "products."
Read in CNBC: https://apple.news/A4m23dX-
Banks Around The World Face Significant Profits Pressure For The Foreseeable FutureThe slowing global economy, along with low interest rates, trade tensions, and intensifying Brexit uncertainty will weigh on banks’ profitability. What worries me is that these factors, coupled with increasing deregulation in the US, will embolden banks to take excessive risks and hurt taxpayers.
Read in Forbes: https://apple.news/
Treasury yields rise as investors look past weak China data, focus on potential stimulusTreasurys see renewed pressure Monday, pushing up yields, as investors look past downbeat China data over the weekend to focus on stimulus prospects ahead of this week’s European Central Bank meeting.
Read in MarketWatch: https://apple.news/
Are Trump tweets influencing bond volatility? J.P. Morgan’s ‘Volfefe’ index aims to find outThe bank has created an index to gauge how Trump tweets — 10,000 since taking office — have influenced moves in implied rate volatility for two-year and five-year Treasury notes.
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Top 5 Things to Know in the Market on TuesdayEconomy Sep 10, 2019 10:01 GMT Investing.com -- The specter of deflation in China rears its ugly head, and the manufacturing slowdown shows no sign of ending in Japan and Europe. Plus there’s trouble in IPO world, as WeWork’s deal comes under pressure. Here are the top 5 things you need to know in financial markets on Tuesday, 10th September. Gloomy data, China noises The risk of China exporting deflation to the rest of the world is on the rise. Figures released overnight showed Chinese producer
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Day Ahead: Top 3 Things to WatchStock Markets Sep 09, 2019 19:50 GMT Investing.com – Here’s a preview of the top 3 things that could rock markets tomorrow 1. Apple) New IPhones in Focus Apple (NASDAQ:AAPL) will take center stage tomorrow at 1 PM ET (17:00 GMT) when the tech giant is set to reveal its trio of iPhone 11s and other gadgets like the Apple Watch. “Expected price points look to be $749 for the base iPhone, $999 for the iPhone 11 Pro, and $1,099 for the iPhone Pro Max,” Wedbush said. Any update on the upcoming launch
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GLOBAL MARKETS-Stimulus hopes lift stocks, pound hits 6-week high* Stocks edge up on stimulus hopes
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CRYPTO / DIGITAL CURRENCIES
Bitcoin Price: Will Another Drop Below $10K Open the Door to $8.5K?Last Friday Bitcoin (BTC) price marched within just a few dollars reach of $11,000 and it seemed that the weekend would be a bullish one. The top digital asset was on the verge of leaping over the descending trendline of the massive wedge. A mysterious $1 billion Bitcoin transfer spotted by Whale Alert had some speculating that a whale or an institutional investor was moving funds into Bakkt’s custody service. Shortly after topping out at $10,938, Bitcoin sharply reversed course and traders were
Read in Cointelegraph: https://apple.news/
Paying your bills in bitcoin? Watch out for these tax issues
Beware — the IRS is on the prowl for cryptocurrency tax scofflaws.
Read in MarketWatch: https://apple.news/
Bitcoin Price Wobbles Toward $10K as Altcoins Push Dominance Under 70%
Bitcoin (BTC) price was testing support at $10,000 again on Sept. 9 after the largest cryptocurrency’s latest bull run broke down over the weekend. Market visualization. Source: Coin360 Bitcoin sees rare weakness after $11K bull run Data from Coin360 showed BTC/USD staying lower in its weekly trading range on Monday, having risen as high as $10,930 on Sept. 7. The momentum, which took Bitcoin over $1,500 higher during last week, failed to last, with a sudden drop producing recent lows of $10,080
Read in Cointelegraph: https://apple.news/
New Analysis: Every Bitcoin Holder Makes a Profit After 1,335 DaysAccording to new analysis, presented Sept. 8, the amount of time it is necessary to have held Bitcoin to make a profit is 1,335 days or roughly 3 years and 8 months. This roughly correlates to the four-year cycle length based on reward halving periods. Bitcoin Profit Probability chart. Source: BitcoinEconomics.io Profiting from bitcoin is largely a waiting game While a 100% sure profit would have taken a maximum of 1,335 days, this relates to the bull-run in late 2013, when Bitcoin price surged
Read in Cointelegraph: https://apple.news/
Bitcoin Deposited in Bakkt Warehouse Protected by $125M InsuranceAll Bitcoin deposited at the Bakkt Warehouse is protected by a $125 million insurance policy, the company announced Sept. 9. Bakkt started accepting deposits and withdrawals Sept. 6, ahead of the proposed launch of its futures products on Sept. 23.Everything running smoothly, and now with added protection It took Bakkt a lot of time and effort to gain regulatory certification for its upcoming daily and monthly physically-delivered bitcoin futures products. However, since approval was given
Read in Cointelegraph: https://apple.news/
Crypto News From Brazil: Sept. 2–8 in Review
Brazil has seen a tumultuous week in the cryptocurrency industry. The tax agency announced that they are running out of funds, the Securities and Exchange Commision (CVM) claimed that Brazil is “broke,” the Central Bank of Brazil introduced a new instant payment system, and Cielo, Brazil's largest credit card operator, is now accepting Bitcoin and crypto. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph Brasil. Brazilian tax agency is running
Read in Cointelegraph: https://apple.news/
CURRENCIES
NewsBreak: Sterling Struggles to Hold Gains after U.K. Jobs ReportForex Sep 10, 2019 08:41 GMT Investing.com - The British pound struggled to hold gains against the U.S. dollar and the euro on Tuesday after the U.K. employment report for July showed solid wage growth and a slight decrease in the unemployment rate. Annual wage growth hit 4% for the first time since 2008 but the currency remains tied to the unfolding drama over Brexit. GBP/USD at 1.2329 by 04:40 AM ET(08:40GMT) , EUR/GBP at 0.8952 Average weekly earnings +4.0%, highest since June 2008; average
Read in Investing.com: https://apple.news/
Sterling Extends Rally as GDP Data Suggests Receding Recession Risks | Action Forex
Sterling rises broadly today as recession risk recede after better than expected GDP data. While it’s unsure whether growth could sustain, the Pound cheers the improved outlook anyway. At this point, Australian Dollar is second strongest, followed by New Zealand Dollar. On the other hand, Swiss Franc is the weakest one, followed by Yen and […] The post Sterling Extends Rally as GDP Data Suggests Receding Recession Risks appeared first on Action Forex.
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EUR/JPY And GBP/JPY Monthly Outlook | Action ForexThe Euro and British Pound declined heavily in the past few months against the Japanese Yen. Both EUR/JPY and GBP/JPY are correcting higher, but upsides are likely to remain capped. Important Takeaways for EUR/JPY and GBP/JPY The Euro settled below the main 120.00 support area against the Japanese Yen. There is a key bearish trend […] The post EUR/JPY And GBP/JPY Monthly Outlook appeared first on Action Forex.
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The 500 euro-note phaseout could have an unintended consequencePeople may soon want cash more than ever if negative deposit rates come. But the 500 euro bill, the highest cash useful storage of value in the EU, is vanishing.
Read in Yahoo Finance: https://apple.news/
EUR/GBP Outlook: Fresh Bears Crack Significant Supports But Without Clear Break for Now | Action Forex
The cross falls to six-week low at 0.8904 on Monday in extension of steep fall from 0.9148 (3 Sep lower top of larger downtrend from 0.9324, 12 Aug high) driven by fresh strength of British pound. Fresh bears emerged after Friday’s consolidation and probed below 100DMA (0.8925) to find footstep at 50% retracement of 0.8489/0.9324 […] The post EUR/GBP Outlook: Fresh Bears Crack Significant Supports But Without Clear Break for Now appeared first on Action Forex.
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China's yuan slips, blue-chip stocks up for 7th day after Beijing cuts RRR* Onshore yuan falls, Shanghai shares rise 0.8%
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Forex - Yuan, Aussie Dollar Slip on Weak Inflation Data, Business ConfidenceForex Sep 10, 2019 05:17 GMT Investing.com - The Chinese yuan and the Australian dollar slipped against the U.S. dollar on Tuesday in Asia following the release of weaker-than-expected data. The USD/CNY pair traded slightly lower at 7.1160 by 1:10 AM ET (05:10 GMT). Government data showed the country’s producer price index fell 0.8% in August from a year earlier, its worst year-on-year contraction in three years. The People's Bank of China cut the amount of cash that banks must hold as reserves
Read in Investing.com: https://apple.news/
Forex -- Yen Sips to 5-Week Lows; Sterling Steady near 1-1/2 Month HighsForex Sep 10, 2019 07:45 GMT Investing.com - The yen slid to a five-week low against the dollar on Tuesday, while the British pound was hovering near one-and-a-half month highs amid diminishing chances of a no-deal Brexit and cautious hopes of a trade war breakthrough. By 03:32 AM ET (07:32 GMT) the dollar ticked up 0.1% to 107.31 yen. Moves in the foreign exchange market remained subdued ahead of a key European Central Bank meeting on Thursday, where policymakers are widely expected to deliver
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HEALTH / SCIENCE
How Do I Know If I Need Therapy?
This piece is part of HuffPost's international series on therapy. Itoriginally appeared on HuffPost Canada.For some people, the decision to seek out therapy is an easy one -- they'vereceived a mental health diagnosis they know they can't handle on their own,or they want to try out a certain kind of therapy.But you don't need to have a specific diagnosis to benefit from therapy. "Mostof us have relationships that are in need of some rehab, and most of us havesome habits or behaviors that we would
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Ground-breaking blood test could reduce lung cancer deaths
A ground-breaking blood test could cut the number of people who die from lung cancer each year.
Read in Sky News: https://apple.news/
Defeat malaria in a generation - here's howThe world could be free of malaria by 2050, says a major report that sets out the road to eradication.
Read in BBC News: https://apple.news/
CDC urges halt to vapingThe Centers for Disease Control and Prevention is asking people to stop vaping, as it investigates a fifth death potentially linked to e-cigarettes. The number of cases of severe lung illness possibly caused by vaping has surged to more than 450 in 33 states. Dr. Tara Narula introduces us to the parents of a Colorado college freshman who say vaping nearly took their daughter’s life.
Read in CBS News: https://apple.news/
Here's how illegal vapes might be making people sickFive deaths have now been linked to vaping. The CDC continues to look into what's causing the lung illnesses as the total cases have now risen to 450 people. Dr. Scott Gottlieb, former FDA commissioner and currently a member of Pfizer's board, joins "Squawk Box" to discuss.
Read in CNBC: https://apple.news/ AopEPdqfYRmSlCGMxHYUo4w
Read in CNBC: https://apple.news/
Government to invest £130m in tech to treat cancer, dementia and Parkinson’sThe government has announced it will invest £133m in new technology for the NHS, including tools for arthritis and cancer diagnosis, as well as gene-based therapies for diseases including dementia.
Read in The Independent: https://apple.news/
USA / CANADA
Mnuchin says U.S-China talks show 'good faith' by Beijing
Treasury Secretary Steven Mnuchin said Monday he takes it as a sign of "good faith" by China that officials will restart trade talks with their U.S. counterparts. Officials are expected to begin discussions in early October and Mnuchin told Fox Business News his objective is getting a good deal for American workers and companies. President Donald Trump is willing to continue with tariffs on Chinese goods if there's no deal, Mnuchin added. Separately, Mnuchin told the network he didn't see signs
Read in MarketWatch: https://apple.news/
Are Government Bonds and Even Cash the Next Big Bubble?With central banks around the world holding interest rates so low for so long, asset bubbles have already floated up all around us including in government bonds and even in cash.
Read in Forbes: https://apple.news/
EMERGING MARKETS
Colombia to tell UN that Venezuela harbors 'terrorists'
A news magazine says leaked intelligence reports indicate that Venezuela's government is harboring Colombian rebels in its territory _ and Colombian officials say that coincides with allegations they will present this month to the United Nations
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Mexico and Pemex will hedge oil output -2020 budget planMexico will maintain a strategy of hedging its oil output against lower prices, the government said in its 2020 budget proposal unveiled on Sunday, adding that state oil company Pemex would also continue a similar but separate hedging program.
Read in Reuters: https://apple.news/
Mexican government proposes restricting double tractor-trailer trucks - FreightWavesMexico’s legislature is considering proposals that would limit the permitted weight of double tractor-trailer trucks — called “fulles” in Mexico — to decrease truck-involved accidents and relieve traffic congestion. Cities across Mexico – such as Monterrey, Puebla, Jalisco and Mexico City – are also considering restricting speed limits and the time of day/night double tractor-trailer trucks can travel on roads. The new proposal, introduced in the Mexican legislature in August, aims to bring the
Read in FreightWaves: https://apple.news/
The Best Value Wines of ArgentinaOne of the oldest "New World" wine regions, Argentina has built a reputation on value.
Read in Wine-Searcher: https://apple.news/
'Chaos, chaos, chaos': Amazon still ablaze as Brazil dismisses 'fuss' over firesA 2,000km road and river odyssey through rainforest reveals consensus from all sides: Bolsonaro has spurred a record burning season and ushered in a new age of wrecking From afar it resembles a tornado: an immense grey column shooting thousands of feet upwards from the forest canopy into the Amazonian skies. Up close it is an inferno: a raging conflagration obliterating yet another stretch of the world’s greatest rainforest as a herd of Nelore cattle looks on in bewilderment. Continue reading...
Read in the guardian: https://apple.news/A6wT8L-
BRIEF-Bioton Says Biomm Terminates Deal For Commercialization Of Recombinant Human Insulin In BrazilBioton SA:
Read in Reuters: https://apple.news/Ac-
Brazil says China approves 25 meat processing plants for exportsBrazil's Agriculture Ministry said on Monday that China has authorized 25 Brazilian meat processing facilities to export to China.
Read in Reuters: https://apple.news/
How companies are trying to de-rain forest their supply chains as the Amazon burnsAs the Amazon continues to burn—more than 2.3 million acres in Brazil alone have burned so far this year—some companies are beginning to reconsider buying from suppliers in the area. On Friday, H&M announced that it would stop buying leather from Brazil “until there are credible assurances . . . that the leather does not contribute to environmental harm in the Amazon.” The week before, VF Corporation, the parent company of Timberland, Vans, and the North Face, made a similar decision. Mowi, one
Read in Fast Company: https://apple.news/
Brazil worker who protected indigenous tribes killed in AmazonReports say an official who protected land from farmers and loggers was shot twice in the head.
Read in BBC News: https://apple.news/
Citi's Atiq Rehman appointed head of EMEA emerging markets businessCitigroup Inc has appointed Atiq Rehman, currently Middle East and Africa head at the U.S. bank, as the head of the newly created EMEA Emerging Markets Cluster, according to an internal email sent on Monday and seen by Reuters.
Read in Reuters: https://apple.news/AI_EKVCj9Q-
MIDDLE EAST
Syria war: 'Air strikes' hit Iran-backed forces near Iraq borderA monitoring group says 18 fighters were killed in the overnight raids near the Iraq border.
Read in BBC News: https://apple.news/AdTl0f-
The Latest: China blames US for Iran nuclear tensions
China has blamed the United States for tensions over Iran's nuclear program and called for world powers to stick to their deal with Tehran
Read in ABC News: https://apple.news/AMot-
Iran Says Concerned about Situation in AfghanistanIranian Foreign Minister Mohammad Javad Zarif has expressed concern over the current situation in Afghanistan, warning against possible fresh violence in the country.
Read in IFP News: https://apple.news/APdSzTv-_
Iran's latest nuke deal breach is installation of more than 30 new centrifuges, IAEA says
Iran has installed dozens of advanced centrifuges to accelerate uranium enrichment, the United Nations' atomic watchdog disclosed Monday, a revelation representing just the latest in a series of provocative breaches of the 2015 nuclear deal by the Islamic Republic.
Read in Fox News: https://apple.news/
New Saudi energy minister says producers should 'share responsibility' to balance oil market ahead of OPEC meeting
New Saudi energy minister says producers should 'share responsibility' to balance oil market ahead of OPEC meeting
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Oil Prices Rise as Saudi Energy Minister Signals Commitment to Output CutsCommodities Sep 10, 2019 03:56 GMT Investing.com - Oil prices extended gains on Tuesday in Asia as newly appointed Saudi energy minister Prince Abdulaziz bin Salman hinted his commitment to production cuts. U.S. Crude Oil WTI Futures traded 0.5% higher to $58.12 by 11:42 PM ET (03:42 GMT). International Brent Oil Futures rose 0.4% to $62.85. The gains came after Prince Abdulaziz said there will not be any radical change in the kingdom’s oil policy and a global deal to cut oil production by 1.2
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Attar: Abdul-Mahdi's visit to China paves the way for an economic revolution in Iraq
Baghdad / Al-Ghad Press:
A member of the National Business Council, Ghadir Al-Attar, said Sunday that Prime Minister Adel Abdul-Mahdi's upcoming visit to China will pave the way for an economic revolution in Iraq.
Attar said in a statement received, "Tomorrow Press", a copy of it, that "the visit of Prime Minister Adel al-Mahdi to China at the end of this month is very important for the Iraqi economy."
He expected "the establishment of major projects with China will be the launching of an economic revolution in Iraq."
He added that "it is likely Abdul-Mahdi agreement with Chinese companies on road and railway projects and the establishment of new international roads linking Iraq with neighboring countries as well as the establishment of major industrial cities in all provinces."
He called "the Prime Minister to discuss with Chinese companies specialized in the construction of vertical housing in order to be introduced to Iraq to initiate vertical housing projects to solve the housing crisis," noting that "China is one of the first countries to solve the housing crisis through vertical construction."
AFRICA
South African attacks on foreign shops continue; 12 deadTwo people were killed in Johannesburg, police confirmed Monday, bringing to 12 the number of deaths since the violence broke out last month
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Zimbabwe: Petrotrade Seeks to Spread Its FootprintPetroTrade, a government-owned fuel and logistics company, is seeking ways to grow its market share beyond 10% with plans to extend operations to rural areas. Godfrey Ncube, the company's acting CEO, told Standardbusiness Petrotrade's market share was too low and there were plans to aggressively grow its footprint. "The future plan is to grow the company. We want to be the company that supplies fuel to different parts of the country," he said. "Our aim is that probably in the next three or so
Read in AllAfrica: https://apple.news/
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/
Zimbabwe: Govt Calls for Adoption of Electric Cars As Fuel Blues PersistAs permanent solutions to the country's fuel shortages remain out of sight, Government is stepping up on an ambitious substitute for the precious liquid by promoting the use of electric cars, a top government official has revealed. Zimbabwe has battled acute energy shortfalls for over a year now owing to low foreign reserves to import adequate supplies. Writing on his Twitter account yesterday, Energy and Power Development Minister, Fortune Chasi said government is working on introducing
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Zimbabwe: Civil Society Group Calls for Sanctions RemovalSome Matebeleland based civic society and church organisations have petitioned the European Union (EU) and the US for the removal of sanctions which were imposed on the country nearly 20 years ago. The EU and US slapped then President Robert Mugabe and leading figures in his administration at the turn of the century over accusations of human rights abuses and electoral fraud. Mugabe died last week in Singapore, the EU had since scaled down the measures to leave the late former President, his
Read in AllAfrica: https://apple.news/
Zimbabwe: The Elders Revive Zim National Dialogue ProspectsZimbabwe's political crisis has once again attracted the attention of global political leaders with The Elders now looking at ways of bringing to the negotiating table heckling parties in the country. The Elders a group of eminent international politicians known was in the country last week to try and kick-start a sticky negotiation process between ruling party Zanu PF and MDC. Led by its chairperson Mary Robinson and her deputy former Mozambican First Lady who later became South African First
Read in AllAfrica: https://apple.news/
Mugabe's anti-colonial rage fueled long reign over ZimbabweMugabe's anti-colonial rage fueled reign as one of Africa's most influential, longest-lasting leaders
Read in ABC News: https://apple.news/
ASIA
China Buying More Gold, Bitcoin Accumulation Inevitable?As economic tensions escalate and the Trump administration continues with its war on trade, China has started stockpiling safe-haven assets. Gold appears to be the asset of choice for the central bank but Bitcoin is likely to be a good option for the people. China Adds 100 Tons to Gold Reserves According to a Bloomberg report today, China has stockpiled 100 tons of gold bullion adding to the accumulation it began in December. China’s gold-buying spree nears 100 tons as trade war drags https://
Read in Bitcoinist.net: https://apple.news/A-
Wealthy Chinese apply to move to the UK at the highest rate since 2014 as the trade war puts them off the US
The trade war is driving rich Chinese people to drop their plans to emigrate to the US and seek alternative destinations in Europe, particularly the UK, the latest data suggests. Applications for so-called tier-1 investor visas to the UK by ultra-wealthy…
Read in South China Morning Post: https://apple.news/
China: State-backed digital currency could be ready by this yearChina may be taking the lead in the next evolution of money, as representatives of the country's central bank say a state-backed digital currency could be ready this year.
Read in Axios: https://apple.news/
Chinese Dealmaking Hits 5-Year Low on Trade War Pain
An investor looks at his mobile phone showing stock market movements at a securities company in Beijing on May 14, 2019. News Analysis Global transactions slowed in the first half of 2019 led by China, which saw mergers and acquisitions (M&A) plunge to a 5-year low as U.S.-China trade war pain set in. Chinese leader Xi Jinping launched his ambitious infrastructure investment project, the “One Belt, One Road” (OBOR) initiative, in September 2013, which traced the lines of the original Silk Road
Read in The Epoch Times: https://apple.news/
Gold Prices Slip to Three-Week Low as Chinese Buying SlowsCommodities Sep 09, 2019 14:53 GMT Investing.com -- Gold prices slid to a three-week low on Monday as risk assets extended the gains they made on Friday after the U.S. labor market report. By 11 AM ET, gold futures for delivery on the Comex exchange were down 0.5% at $1,508.55 a troy ounce. Spot gold was down 0.5% at $1,500.16. There was fresh evidence from China that the flood of central bank buying that drove gold's rally in the first half of the year may be drying up. The Chinese central bank
Read in Investing.com: https://apple.news/A-q-
EUROPE
French foreign minister wants to rebuild ties with RussiaFrance's top diplomat has called for re-building ties with Russia following a major prisoner swap between Russia and Ukraine
Read in ABC News: https://apple.news/
UK not ‘recession ready’, think tank warnsThe UK is unprepared for a recession, a new report from the Resolution Foundation has warned.
Read in The Independent: https://apple.news/
Britain's Brexit heartland seethes at delay and 'betrayal'Like its American namesake, the English town of Boston has a reputation for rebellion
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EU-Swiss trading dispute has Brexit implications, says Swiss stock exchange bossA stock exchange dispute between Switzerland and the European Union could be a sign of things to come for the U.K., according to the CEO of Switzerland's biggest exchange.
Read in CNBC: https://apple.news/
Report that Germany weighing 'shadow budget' drives euro higher
Germany is considering what's called a "shadow budget" to enable it to increase public investment beyond the restrictions of constitutionally enshrined debt rules,Reuters reported, citing three people familiar with the talks. The report said the move could allow Europe's largest economy to take advantage of zero borrowing costs to increase investment in infrastructure and climate protection. The euro climbed to the highest level of the day, fetching $1.1048 from a previous close of $1.1030.
Read in MarketWatch: https://apple.news/AXkesF_
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Wednesday 9/11/19 did update on the indicative rates Sell Rate 1190
The currency auction is 258,138,396
There are no news and announcements.
Click on link above for latest update.
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
9-11-2019 Newshound Guru future [ It is quite simple really! Either Iraq will add value to their currency or they will not ! And to what degree it will be . Every currency has potential to fluctuate up or down ...] well from news articles they have said they will reinstate or bring their dinar back to the glory days...when? is the biggest ?.
9-10-2019 Newshound/Intel Guru BGG Article: "Central Bank announces strategic banking projects for the next five years" Quote: "...the success of the Central Bank’s policy in achieving an important transition to the Iraqi economy and achieve stability in the exchange rate and the recovery of the Iraqi dinar and raise its purchasing power, one of the objectives of strengthening the economy..." CBI MAKES BIG BIG ANNOUNCEMENT… GETTING READY FOR THE “RECOVERY” OF THE DINAR TO IT’S FORMER WEALTH!!
9-10-2019 Newshound Guru Breitling Why do you feel so good about what's going on? It's because the people who put this together they're moving this forward - that's why. The language that they used at the beginning, 'We are going to start adding value to our currency and we want to participate in certain markets.' You're watching it literally happen before your very eyes...
9-10-2019 Intel Guru Frank ...the introduction of the description and pictures of the new small category notes and the coins, which in reality are called visual aids (there will be videos too)...IMO...will be be out before the end of this month of September...Part II: ...the satellite private banks information that they would be opening in the next two weeks: We got this information from our teams that were at the meetings with the CBI and approximated two weeks. That would still leave us 1 week left in the month of September...the description [of small notes & coins] is coming out IMO in two weeks. After that if they raise the value they can put the small category notes and coins in the hands of the citizens and they can open the 'satellite' banks...the three things need to come together...1, 2, 3...
9-10-2019 Newshound Guru Breitling Why do you feel so good about what's going on? It's because the people who put this together they're moving this forward - that's why. The language that they used at the beginning, 'We are going to start adding value to our currency and we want to participate in certain markets.' You're watching it literally happen before your very eyes...
9-10-2019 Intel Guru Frank ...the introduction of the description and pictures of the new small category notes and the coins, which in reality are called visual aids (there will be videos too)...IMO...will be be out before the end of this month of September...Part II: ...the satellite private banks information that they would be opening in the next two weeks: We got this information from our teams that were at the meetings with the CBI and approximated two weeks. That would still leave us 1 week left in the month of September...the description [of small notes & coins] is coming out IMO in two weeks. After that if they raise the value they can put the small category notes and coins in the hands of the citizens and they can open the 'satellite' banks...the three things need to come together...1, 2, 3...
9-10-2019 Intel Guru MarkZ I’m actually feeling confident we are going to see something this week. I am more optimistic today then I have been in a long time. …Exchanges have already occurred and the holds will be removed and they will be able to spend what they see. My contacts in Iraq are really expecting new rates to start rolling out overnight tonight and continue for the next 2weeks. I am pretty excited. [Is dong still in the first basket? Have you heard any rates lately?] I hear it is definitely in the first basket. Hearing Dinar $3.91 up to $4.41 is possible. ...As for the dong…could go as high as
9-10-2019 Newshound Guru Kaperoni ...there have been many discussions about a float over the years from the CBI, and economic experts in Iraq...Floating the currency is not some arbitrary or random event it precedes pressure created on their financial system otherwise the repercussions could be bad for the country...if significant investment is going to come into Iraq as expected it's going to create pressure. There has to be a mechanism in place just prior to relieve that pressure. That mechanism is a float...If you do not have a mechanism in place, the monetary stability in the country will be thrown completely out of whack. And the CBI could lose control over the currency as inflation skyrockets as a result...precautions need to be in place and tools are used to maintain the stability
9-10-2019 Newshound Guru Jeff I feel the formation of the government is secretly done. Just waiting to be announced. It has to be announced no matter what...the definite ones that have to be fulfilled right now are the Education Minister and the three remaining Vice Presidents...which they're doing this coming Saturday is what they've told us in the latest news...
9-10-2019 Newshound/Intel Guru Mnt Goat We are now hearing yet more international organizations getting involved with Iraq. Even the oil minister has stated Iraq is ripe for international investors. Really? Now even China...is stepping up and announces its willingness to invest in Iraq. This could lead to an economic revolution within Iraq. How can they survive and transfer funds to and from Iraq with this currency auction still in place? Do they want to mess with these 3 zeros? Don’t they want a normalized and simplified currency denominations to work with? The answers are Yes and Yes and they have already told Iraq this is the case. This is why the finance committee is pushing the CBI to complete the project to delete the zeros.
9-10-2019 Newshound Guru Kaperoni ...there have been many discussions about a float over the years from the CBI, and economic experts in Iraq...Floating the currency is not some arbitrary or random event it precedes pressure created on their financial system otherwise the repercussions could be bad for the country...if significant investment is going to come into Iraq as expected it's going to create pressure. There has to be a mechanism in place just prior to relieve that pressure. That mechanism is a float...If you do not have a mechanism in place, the monetary stability in the country will be thrown completely out of whack. And the CBI could lose control over the currency as inflation skyrockets as a result...precautions need to be in place and tools are used to maintain the stability
9-10-2019 Newshound Guru Jeff I feel the formation of the government is secretly done. Just waiting to be announced. It has to be announced no matter what...the definite ones that have to be fulfilled right now are the Education Minister and the three remaining Vice Presidents...which they're doing this coming Saturday is what they've told us in the latest news...
9-10-2019 Newshound/Intel Guru Mnt Goat We are now hearing yet more international organizations getting involved with Iraq. Even the oil minister has stated Iraq is ripe for international investors. Really? Now even China...is stepping up and announces its willingness to invest in Iraq. This could lead to an economic revolution within Iraq. How can they survive and transfer funds to and from Iraq with this currency auction still in place? Do they want to mess with these 3 zeros? Don’t they want a normalized and simplified currency denominations to work with? The answers are Yes and Yes and they have already told Iraq this is the case. This is why the finance committee is pushing the CBI to complete the project to delete the zeros.
9-10-2019 Intel Guru MarkZ [via PDK] ...do not have an update out of Iraq...yet [...if we are to be liquid on Wed. when should we have 800#s?] i hate to even say, but I am hearing late Tuesday Night. [Tomorrow (Tuesday) is a holiday in Iraq] ...they can and could pull the trigger on a holiday. [Can Iraq raise their rate internationally without the global revalue or does it have to go all at once?] Iraq signed on with the Gold treaty so internationally it will all go [at] once.
9-9-2019 Intel Guru Frank26 I said on Friday we believe mainland states (if not all, a good percentage of them) will have private banks that have signed agreements with the CBI to represent them and to be linked with them...when we enter the 4th week of this month my teams and I are really really going to be looking for and focused on these private banks. We believe the CBI will tell you before them. They've already told the citizens. We believe the rate will have to go up before they even open those obviously...Iraq is about too say 'yeah, we'll play fair with our currency'...
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]
[Refernece Guru Chattels post below]
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
***************
ARTICLE 1-A (from PM Mahdi's website; posted only on Arabic side, not on English side)
The Prime Minister condoles our people and those of the victims of the stampede, and follows the procedures followed and verifies the integrity of the regulatory decisions
"With more sadness and sorrow, we and our people were saddened by the stampede during the Ashura commemoration ceremony, which led to the death and injury of a number of visitors in the holy province of Karbala, which received millions of visitors.
Since the first moments of the incident, we have followed the procedures and verified the safety of all regulatory decisions and the steps taken. All necessary procedures to control the situation and treat the injured with professionalism and high flow.
We express our sincere condolences and sympathy to the families of the victims.
We belong to Allah and to Him we shall return .
Prime Minister
10-Sep-2019
***************
ARTICLE 1-B (from PM Mahdi's website; posted only on Arabic side, not on English side; 9 pix)
Prime Minister Adel Abdul-Mahdi follows the field of the scramble during his visit to Karbala province
During his visit to the holy city of Karbala, Prime Minister Adel Abdul-Mahdi continued to follow up the scramble during the visit of the tenth of Muharram, and to closely observe the logistical, organizational and medical procedures, whether during the incident or to deal with its effects and reassurance on the safety of plans and procedures to organize the movement of visitors with security officials. The local government, and directed to take the necessary precautionary measures to prevent recurrence and ensure the flow of entry and exit of visitors, as well as the immediate action taken by health teams and concerned authorities in the relief and transport of the injured To hospitals and attend the relevant officials at the event site to carry out their duties.
On his arrival, the governor inspected the injured in hospital and reassured them of their health and wished them a speedy recovery.He expressed his sadness and pain to those who suffered from the stampede, reiterating his condolences to all Iraqis for this painful incident, especially the victims who lost their children while commemorating Ashura.
During the visit, Sheikh Abdul Mahdi Al-Karbalai was consulted on the steps to be taken to deal with all matters related to this matter.
The prime minister was accompanied by the ministers of interior and health, the governor of Karbala, the head of the provincial council, the commander of the Central Euphrates operations and a number of officials.
Information Office
10-Sep-2019
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ARTICLE 1-C
Health: 91 martyrs and wounded after the stampede in Tuwayrij Rukh
2019/10/10 17:49
[Baghdad-Where]
The Ministry of Health announced the death toll of the stampede in the holy shrine of Husseini during the ceremony of condolences to Rukair Tuwaireej on Tuesday.
The Ministry of Health announced the death toll of the stampede in the holy shrine of Husseini during the ceremony of condolences to Rukair Tuwaireej on Tuesday.
"Sixteen martyrs and 75 wounded," said Health Ministry spokesman Saif al-Bader in a statement received by the agency.
He pointed out that "the outcome is not final," stressing "mobilization of the cadres of the Ministry of Health to treat the ambulance of the wounded."
He pointed out that "the outcome is not final," stressing "mobilization of the cadres of the Ministry of Health to treat the ambulance of the wounded."
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ARTICLE 2 (from Government of Iraq twitter account)
At the time this report was submitted, there are no new tweets posted on the Government of Iraq twitter account.
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ARTICLE 3
Khatib: repair and modernization of the electrical network in Iraq needs to 30 billion dollars
2019/10/10 13:27
[Baghdad-Where]
Electricity Minister Louay al-Khatib said on Tuesday that Iraq needs $ 30 billion to repair the country's electricity grid.
Electricity Minister Louay al-Khatib said on Tuesday that Iraq needs $ 30 billion to repair the country's electricity grid.
According to Reuters, Khatib stressed that the repair and modernization of the electricity network in the country needs investments of not less than 30 billion dollars. Iraq is still short of electricity, 16 years after Saddam Hussein was toppled by a US-led invasion.
Although Iraq suffers from a shortage of electricity, it has huge reserves of crude oil, which is the second largest producer of crude oil in the Organization of Petroleum Exporting Countries (OPEC) after Saudi Arabia.
According to official statements, Iraq's production of black gold is close to reaching 5 million barrels per day
Although Iraq suffers from a shortage of electricity, it has huge reserves of crude oil, which is the second largest producer of crude oil in the Organization of Petroleum Exporting Countries (OPEC) after Saudi Arabia.
According to official statements, Iraq's production of black gold is close to reaching 5 million barrels per day
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ARTICLE 4
Counterterrorism targets ISIS positions in Salah al-Din in coordination with coalition aircraft
2019/10/18 18:04
[Saladin-Wayne]
The counterterrorism agency announced that it carried out airstrikes with the support of the international coalition warplanes on ISIS positions in Salahuddin province.
The security information cell said in a statement today that "in pursuit of terrorist elements and during a qualitative operation in the area between the villages of Na'ous Olaya and Ka'nous Lower in Salah al-Din province, the anti-terrorist forces launched an operation to clear and clear this area and cross the Tigris River towards the targets in the Hegel area ".
"The operation was carried out with the support of the coalition's international aviation after it suffered severe blows and dealt with 37 targets," it said.
For its part, the Counter-Terrorism Service said that its formations were carried out in coordination with the army and international coalition aircraft against a joint operation against elected targets of ISIS, in the island of Kanaous in Salah al-Din province based on accurate intelligence.
The counterterrorism agency announced earlier, the launching of violent raids on the positions of ISIS operatives in Salah al-Din province, as part of a campaign called "black soil operations", targeting the remaining elements of ISIS, where the operation led by Lieutenant General Abdul Wahab al-Saadi Fifteen ISIS terrorists were killed in an air strike.
"The counterterrorism agency is carrying out an air and ground support with the support of the international coalition aircraft on the remnants of the Islamic State terrorist group in the village of Kanaous in the northeast of Salah al-Din province," the group said.
For its part, the Counter-Terrorism Service said that its formations were carried out in coordination with the army and international coalition aircraft against a joint operation against elected targets of ISIS, in the island of Kanaous in Salah al-Din province based on accurate intelligence.
The counterterrorism agency announced earlier, the launching of violent raids on the positions of ISIS operatives in Salah al-Din province, as part of a campaign called "black soil operations", targeting the remaining elements of ISIS, where the operation led by Lieutenant General Abdul Wahab al-Saadi Fifteen ISIS terrorists were killed in an air strike.
"The counterterrorism agency is carrying out an air and ground support with the support of the international coalition aircraft on the remnants of the Islamic State terrorist group in the village of Kanaous in the northeast of Salah al-Din province," the group said.
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ARTICLE 5
Earthquake 170 km northeast of Baghdad
2019/10/10 13:35
[Baghdad-Where]
The Ministry of Transport, Tuesday, that the observatories of the General Authority for Meteorology and Seismic Monitoring recorded an earthquake this morning northeast of the city of Baghdad at 1:40 minutes 54 seconds local time for the country.
The Ministry of Transport, Tuesday, that the observatories of the General Authority for Meteorology and Seismic Monitoring recorded an earthquake this morning northeast of the city of Baghdad at 1:40 minutes 54 seconds local time for the country.
The ministry said in a statement received [where] a copy of it that "the magnitude of the tremor reached 3.8 on the Richter scale, where 170 km northeast of the city of Baghdad did not feel the citizens did not receive any reports of damage."
It warned citizens to "take caution and stay away from rumors and false news and adhere to the seismic commandments."
It warned citizens to "take caution and stay away from rumors and false news and adhere to the seismic commandments."
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