Wednesday 9/4/19 Wots
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1192.1000 | 1191.6000 | 1192.1000 | | 00:00 |
| USD/VND | | | 23178.3700 | 23178.3700 | 23178.3700 | | 01:30 |
| USD/CNY | | | 7.1798 | 7.1462 | 7.1780 | | 04:27 |
| USD/KWD | | | 0.3035 | 0.3030 | 0.3034 | | 04:25 |
| GBP/USD | | | 1.2165 | 1.2077 | 1.2079 | | 04:28 |
| USD/IRR | | | 42097.5000 | 42097.5000 | 42097.5000 | | 00:00 |
| USD/IDR | | | 14220.0000 | 14124.0000 | 14204.0000 | | 04:27 |
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Al-Kaabi told Gilgamesh that the start of the legislative term does not necessarily mean a session of parliament
04/09/2019 0
Kalkamsh Press / Baghdad
The Deputy Speaker of the House of Representatives, Hassan al-Kaabi, on Wednesday, that the House of Representatives will hold its meetings after the tenth of Muharram, indicating that the start of the legislative term does not necessarily mean a session, but holding the conference on an international level is part of the task.
The Deputy Speaker of the House of Representatives, Hassan al-Kaabi, on Wednesday, that the House of Representatives will hold its meetings after the tenth of Muharram, indicating that the start of the legislative term does not necessarily mean a session, but holding the conference on an international level is part of the task.
"The beginning of the legislative term does not necessarily mean that a session will be held, but parliament is required to hold a minimum of eight sessions a month," he said.
He pointed out that "the conference held in Baghdad is the second step after the summit of Baghdad seven, to return Iraq to the international incubator," wondering that "how the House of Representatives and a large part of the House of Representatives have a meeting and hosting an international conference." He added that "the House of Representatives will be required after the tenth of Muharram to hold its meetings will be very important sessions," adding that "there are no differences to hold the meeting."
He pointed out that "the conference held in Baghdad is the second step after the summit of Baghdad seven, to return Iraq to the international incubator," wondering that "how the House of Representatives and a large part of the House of Representatives have a meeting and hosting an international conference." He added that "the House of Representatives will be required after the tenth of Muharram to hold its meetings will be very important sessions," adding that "there are no differences to hold the meeting."
Jaafar: Iraq would be in the wind if Abdul Mahdi took this step
02:45 - 04/09/2019
Information / Baghdad ..
Former MP Jassem Mohammed Jafar warned on Wednesday against entering Iraq into a political spiral if Prime Minister Adel Abdul Mahdi resigns from his post, indicating that the resignation will put Iraq in the wind, which requires the Prime Minister to liquidate things and agree on another figure in case He resorted to the option of resigning.
Jaafar said in a statement to the information, that "the resignation of Prime Minister Adel Abdul-Mahdi is not excluded, especially as he had done this act previously by relinquishing the posts of Vice President and Minister of Oil."
He added that "the resignation of the prime minister will be the most dangerous in this delicate situation, and will put the country in an unknown state, especially that the threat of ISIS terrorist remains, in addition to political ambitions and tensions in the region, making Iraq in the wind," noting that "the pressure will be strong, from "The prime minister is not taking the step of resigning," he said.
And that "the resignation is not excluded in the event of the Prime Minister to prepare another figure, be agreed within the parliament and between the political blocs in order not to create any vacuum in the post of Prime Minister," ruled out "the removal of Abdul-Mahdi, some of his ministers, especially as he still suffers from the lack Resolving the post of Minister of Education, where the dismissal of some ministers is likely to occur through interrogation within the parliament by political blocs. Finished / 25 N.
Jaafar said in a statement to the information, that "the resignation of Prime Minister Adel Abdul-Mahdi is not excluded, especially as he had done this act previously by relinquishing the posts of Vice President and Minister of Oil."
He added that "the resignation of the prime minister will be the most dangerous in this delicate situation, and will put the country in an unknown state, especially that the threat of ISIS terrorist remains, in addition to political ambitions and tensions in the region, making Iraq in the wind," noting that "the pressure will be strong, from "The prime minister is not taking the step of resigning," he said.
And that "the resignation is not excluded in the event of the Prime Minister to prepare another figure, be agreed within the parliament and between the political blocs in order not to create any vacuum in the post of Prime Minister," ruled out "the removal of Abdul-Mahdi, some of his ministers, especially as he still suffers from the lack Resolving the post of Minister of Education, where the dismissal of some ministers is likely to occur through interrogation within the parliament by political blocs. Finished / 25 N.
Iraq signs $ 33 million agreement to restore stability in liberated areas
2019/09/04 11:31:20 AM
Baghdad / Al-Ghad Press:
Iraq on Wednesday signed an agreement with the United Nations Development Program (UNDP) to stabilize the liberated and affected areas and rehabilitate the infrastructure of the Prophet, worth 33 million dollars.
"The Iraqi government has signed an important agreement with the United Nations Development Program (UNDP) to support the activities of the Stabilization Project across the country," the Cabinet Secretariat said in a press release.
"The agreement, which signals the government's confidence and its strong partnership with UNDP, aims to rehabilitate infrastructure and basic services, such as water, electricity, health care, housing and education, in liberated and affected areas, particularly Nineveh, Anbar, Salah al-Din, Diyala, Kirkuk and Basra, as the amount of money The program is allocated up to 33 million dollars to implement many projects in those areas. "
She continued, "Secretary-General of the Council of Ministers Hamid al-Ghazi confirmed the Iraqi government, through the signing of the agreement, to implement development projects in many areas of the country affected, and focus the effort on the most affected areas, whether in liberated areas or the rest of the provinces."
"The main works and projects on which the agreement is based focus on infrastructure, water, electricity, health and other services, as our provinces still need more infrastructure and services," Ghazi said.
He pointed out that "we confirm through this agreement Iraq's commitment to the strategic partnership with the United Nations to restore stability in the liberated areas and the return of displaced people, and the construction and rehabilitation of infrastructure in the provinces that have suffered and damaged by the circumstances that have passed the country."
For her part, expressed the resident representative of the program in Iraq, Zina Ali Ahmed, according to the statement, "expressed gratitude for the contribution of the Iraqi government in the program, considering the agreement between the two parties represents the Iraqi government's firm commitment to restore stability, and encourage the safe and dignified return of societies that fled the brutality of terrorist organizations."
"The Iraqi government has been a strong and leading partner in the UNDP stabilization effort, and we would not be able to complete more than 2,000 stabilization projects, benefiting more than 8 million Iraqis without this serious partnership," she said.
"The agreement sets a precedent for increasing our participation, and we hope this will mark the beginning of a strong and lasting financial partnership in which the government will continue to contribute to projects managed by UNDP, in line with its priorities and aspirations."
"This step represents a strong consolidation and support for the efforts of the international community in Iraq," she said. "There is still a lot of work to be done, so I urge the international community to continue to support UNDP's efforts to stabilize and capitalize on the progress and significant gains made so far." Now, pave the way for a more prosperous Iraq. "
It is noteworthy that the UNDP stabilization project in Iraq was established in June 2015 at the request of the Iraqi government to facilitate the return of displaced Iraqis following the ISIS crisis and to lay the foundations for reconstruction and recovery.
The stabilization project now has more than 3,100 projects in 31 cities and editorial districts, assisting local authorities in the rapid rehabilitation of infrastructure and basic services.
Baghdad: Our dispute with Kuwait is legal
MPs denounced Iraq's complaint: border demarcation is settled internationally
The Iraqi Foreign Ministry confirmed yesterday that there is a legal difference with Kuwait on the interpretation of an issue related to the maritime border led to send identical letters to the Secretary-General of the United Nations and the President of the Security Council.
Foreign Ministry spokesman Ahmed al-Sahaf told RT that a legal difference in the interpretation of a border post we call a platform and the Kuwaiti side calls it an island as the baseline adopted in drawing the maritime border between the two countries at a certain point after the pillar 162.
He added that there was negotiation between the two countries on the specific point of view, and Iraq has previously expressed its objection to the establishment of any unilateral construction by the Government of Kuwait, and the previous Iraqi action to send Kuwait letters to the United Nations dealing with its position in this regard.
Al-Sahaf pointed out that Iraq sent these letters to explain its legal interpretation of the situation, and we believe that the legal interpretation is in our interest.
In addition, a number of deputies denounced Iraq's complaint against Kuwait at the United Nations regarding the maritime borders, where the head of the Parliamentary Foreign Affairs Committee, MP d. Abdul Karim al-Kandari, the Foreign Ministry, clarified what was raised about the complaint that Iraq submitted on August 7 to the Security Council, accusing Kuwait of pursuing a policy of imposing fait accompli through geographic changes in the maritime borders between the two countries. Void under international law.
Al-Kandari said that the demarcation of the border was subject to UN resolution 833 of the Security Council in 1993, which is a settled issue, and any infringement on it is an infringement on Kuwaiti sovereignty. He added that this claim should be dealt with firmly and transparently internationally.
For his part, MP Osama Al-Shaheen asked the government for practical and objective responses, besides taking full security and diplomatic precautions. For his part, MP Salah Khorshid said: I am sure that the relationship is strong and good with Iraq and there are mutual visits between officials of the two countries, and Kuwaiti diplomacy is able to overcome any things that could disturb these relations.
Foreign Ministry spokesman Ahmed al-Sahaf told RT that a legal difference in the interpretation of a border post we call a platform and the Kuwaiti side calls it an island as the baseline adopted in drawing the maritime border between the two countries at a certain point after the pillar 162.
He added that there was negotiation between the two countries on the specific point of view, and Iraq has previously expressed its objection to the establishment of any unilateral construction by the Government of Kuwait, and the previous Iraqi action to send Kuwait letters to the United Nations dealing with its position in this regard.
Al-Sahaf pointed out that Iraq sent these letters to explain its legal interpretation of the situation, and we believe that the legal interpretation is in our interest.
In addition, a number of deputies denounced Iraq's complaint against Kuwait at the United Nations regarding the maritime borders, where the head of the Parliamentary Foreign Affairs Committee, MP d. Abdul Karim al-Kandari, the Foreign Ministry, clarified what was raised about the complaint that Iraq submitted on August 7 to the Security Council, accusing Kuwait of pursuing a policy of imposing fait accompli through geographic changes in the maritime borders between the two countries. Void under international law.
Al-Kandari said that the demarcation of the border was subject to UN resolution 833 of the Security Council in 1993, which is a settled issue, and any infringement on it is an infringement on Kuwaiti sovereignty. He added that this claim should be dealt with firmly and transparently internationally.
For his part, MP Osama Al-Shaheen asked the government for practical and objective responses, besides taking full security and diplomatic precautions. For his part, MP Salah Khorshid said: I am sure that the relationship is strong and good with Iraq and there are mutual visits between officials of the two countries, and Kuwaiti diplomacy is able to overcome any things that could disturb these relations.
Saadi presents a number of points to the Planning and Budget Committee of the Asian Parliamentary Assembly
Wednesday 04 September 2019
Baghdad / Al-Ghad Press:
Head of the Parliamentary Reform and Reconstruction Bloc, Sheikh Sabah al-Saadi, on Tuesday presented a number of points to the Planning and Budget Committee of the Asian Parliamentary Assembly.
Al-Saadi said in a statement received by Al-Ghad Press, "Mr. Chairman and members of the Planning and Budget Committee of the Asian Parliamentary Assembly respected, we congratulate you meeting in Baghdad, the capital of Iraq and we hope that your meeting to achieve its goals set under the policies of the Asian Parliamentary Assembly, and it is worth to put here in your hands I hope the following will be taken into consideration by your heart and through you to the Secretariat of the Asian Parliamentary Assembly. "
First, he added: "The security challenges in the Middle East, especially Asia, and in the whole world are escalating in light of the growth of the policy of polarization of tension, which we mean to find areas of tension continuously and by various pretexts. Security stability in the countries of the region, the Middle East and Asia in particular, and this certainly leads to economic instability and achieve the development goals envisaged by the meetings of your committee and your Asian Parliamentary Assembly, and that the continued escalation of conflict over the spheres of influence in the Middle East has become a factor threatening not only economic stability but Lizzie This would require your APA to convene an emergency and urgent meeting to consider avoiding such damage (regional and international conflicts). ''
Secondly, "one of the most important factors that threaten the economic growth of the States parties to your esteemed society is (corruption) and we believe that corruption has become not a factor (national local demolition) for each individual country, but that corruption today has become an international system and a factor (global sabotage), He explained that corruption today has become a weapon used to sabotage countries and institutions and goes beyond the stage of being a means to make money from this person or that or this or that. "
He pointed out that "the biggest challenge facing economic development and the institutionalization of the States Parties to your esteemed Parliamentary Assembly is in the fight against corruption as an international rather than a domestic one, which calls for the conclusion of a treaty or convention for the States parties to your esteemed anti-corruption assembly that includes the following, that the crime of corruption (an international crime) shall be punished. Where they are, this requires deterrent punishments up to the death penalty according to the type of corruption crime, extradition of those wanted for crimes of domestic corruption that does not exceed the mother countries of these wanted persons to their countries and the absence of immunity for the perpetrator of corruption of any kind, and the establishment of an international tribunal "Corruption goes beyond the domestic context, as such crimes fall within the characterization of (corruption as an international crime), but not limited to (arms dealers)."
He called for "the disclosure of bank accounts and funds owned by persons accused of corruption, locally or internationally, (based on the above descriptions) and declassification," adding that "we believe that such measures can limit the growth of corruption phenomenon in its frightening and horrific form and character." International as well as domestic. "
"Finally, we repeat what we have called for earlier in the year to the need to pay attention to the creation of a major project in the Middle East, to reintegrate intellectual and societal whose task is to fight extremist thought and contribute to the reintegration of the intellectually and socially seduced in their countries by extremist terrorist groups such as ISIS, Al-Qaeda and their sisters. ".
"This contributes to the security and political stability of the region and thus contributes to the overall economic stability and development of the States Parties to your esteemed society," he said.
Talabani said in a press conference on Tuesday that "Baghdad today represents a regional incubator for all spectrums and components despite the different political agendas of governments."
She explained that “today's meeting will be a preparatory meeting to discuss the preparation of the Asian budget. Fields. ”
She added that "the official opening will be in the presence of the Presidency of the Council of Representatives and leaders and representatives of political blocs and heads of parliamentary committees and the Minister of Foreign Affairs, and this message confirms the recovery of Iraq and its ability to host such international diplomatic forums and activate foreign relations through parliamentary diplomacy and parliamentary action."
Ala Talabani: Meeting of Asian Parliaments A message about the positive and influential role of Baghdad
04/09/2019
Baghdad - “Liberation squares”
The head of the planning and budget committee in Asian parliaments, Ala Talabani, said that the meetings of Asian parliaments will begin officially on Wednesday in the presence of the Foreign Minister and the Presidency of the House of Representatives and the presence of Arab, Asian and regional high.
Talabani said in a press conference on Tuesday that "Baghdad today represents a regional incubator for all spectrums and components despite the different political agendas of governments."
She explained that “today's meeting will be a preparatory meeting to discuss the preparation of the Asian budget. Fields. ”
She added that "the official opening will be in the presence of the Presidency of the Council of Representatives and leaders and representatives of political blocs and heads of parliamentary committees and the Minister of Foreign Affairs, and this message confirms the recovery of Iraq and its ability to host such international diplomatic forums and activate foreign relations through parliamentary diplomacy and parliamentary action."
Talabani said that "the guests will convey a message and a vivid picture of the peaceful transfer of power and parliamentary work and the preparation of legislation legislation, in conjunction with the reconstruction and construction in Iraq, and thus be an invitation to the international community to support Iraq and promote the steps of reconstruction and stability."
Kauaihn Iraq Articles:dd
Iraq stresses the importance of the role of the League in ending tensions in the region
Aboul Gheit discusses in Baghdad the files of the next Arab Ministerial
Date posted: 04/09/2019
BAGHDAD (Reuters) - Iraqi President Barham Salih said on Tuesday his country was backing any effort to ease tensions and find solutions to crises that threaten everyone.
During his meeting with Arab League Secretary General Ahmed Aboul Gheit, Saleh stressed the importance of the Arab League's role in coordinating and unifying visions among member states to end tensions and find solutions to crises. Joint », according to a statement of the Iraqi presidency.
He said that «the political and security efforts in Iraq after the victory over ISIS is focused on working to establish an environment of security, political and social stability that helps to progress construction and reconstruction projects, and the development of economic and service structures in the country». He pointed to «the Iraqi national view responsible for international and regional problems in the region to work jointly with everyone for the peace and stability of the region, and to distance Iraq from the policy axes».
For his part, Aboul Gheit praised the role played by Iraq in order to strengthen and activate the joint Arab action system, in a way that enhances security and stability in the region.
During the meeting, Aboul Gheit outlined the Arab League's vision of the situation and developments in the Arab and regional arena and ways to maintain peace there.
Aboul Gheit had earlier held talks with Iraqi Foreign Minister Mohammed Ali al-Hakim on "the files to be put forward at the Arab ministerial meeting to be chaired by Iraq on the tenth of this month and the Israeli attacks" in the region, and decisions will be taken to limit them. "We discussed the situation in Libya, Sudan, Syria, Yemen and Gulf security and navigation in the Gulf, because this issue is important for Iraq," Hakim said at a joint press conference with Aboul Gheit. ».
The sources pointed out that the two sides praised the role of Iraq during the escalation between Iran and America in keeping the region away from conflicts and wars. The sources confirmed that «Aboul Gheit expressed the confidence of the Arab League capabilities and capabilities of Iraq in the management of the ministerial meeting and the success of its outputs.
The Minister of Interior directs the readiness of the mechanisms of the Directorate of Infrastructure Affairs
September 4, 2019 - 11:43 am
Baghdad / Step Press
The Minister of Interior Yassin Al-Yasiri said on Wednesday that the mechanisms of the Directorate of Infrastructure Affairs should be fully prepared, especially for the work of emergency regiments and controllers.
In a press release, Al-Yasiri said in a press statement that Al-Yasiri continued to inspect the various joints of the ministry's units and formations to get acquainted with the reality of work and overcome obstacles in order to improve performance and contribute to enhancing security stability and providing services. At the Baghdad Police Command. ”
He added that "Yasiri was received by the police chief of Baghdad province and the directors of departments and departments in the leadership, and conducted an inspection tour in the mechanisms section of the Directorate of Infrastructure Affairs familiar with the reality of the work of the mechanisms of the police leadership, directing the need to be on full readiness, especially related to the work of emergency regiments and affairs Controls and local police due to the nature of the tasks entrusted to these formations and others.
He continued, "During the inspection tour, Al-Yasiri stressed the importance of developing expertise and adopting scientific and technological methods and the importance of creativity.
Halbousi: We will not be part of international conflicts
September 4, 2019 - 10:45 am
Baghdad / Step Press
Speaker of the House of Representatives Mohammed Halbousi said on Wednesday that the battle with terrorism is not over, noting that the problems left by terrorism will be solved only through joint international efforts, while stressing not to allow Iraq to be part of international conflicts.
Al-Halbousi said during the opening of the meeting of the Budget, Planning and Follow-up Committee of the Asian Parliamentary Assembly in Baghdad, that "the victory over ISIS is a bright page in the lives of humanity and not in the lives of Iraqis alone," noting that "terrorism did not target Iraq even if Iraq chose a battlefield, The region and the world without exception. ”
"We realize in Iraq that our battle is not over yet. We still have problems from those left behind by terrorism and they still need serious treatment," Halbousi said. "These problems will be solved only through joint international efforts. We look forward to your meeting and the meetings that follow." To provide us in the planning committee with visions and mature projects related to the priorities and programs needed by our countries, especially since we are in most of us living in similar conditions.
Al-Halbousi continued: “We have taken our country to the crossing point where good wills meet and to do everything we can to defuse crises and bridge the points of view. International problems through peaceful means. ”
Iraq and UN agree on development stability in liberated areas
04/09/2019 2
Kalkamsh Press / Baghdad
The Iraqi government signed on Wednesday with the United Nations Development Program an important agreement to support the activities of the stabilization project across the country.
The Secretary-General of the Council of Ministers, Mr. Hamid al-Ghazzi in a statement received by "Gilgamesh Press" a copy of it that "the Iraqi government is seeking through the Convention to implement development projects in many affected areas."
He said that "the agreement focuses on infrastructure and water, electricity, health and other services," adding: "Through this agreement we confirm Iraq's commitment to the strategic partnership with the United Nations to restore stability in the liberated areas and the return of displaced people, and the construction and rehabilitation of infrastructure in the affected provinces."
For her part, the resident representative of the program in Iraq, Ms. Zina Ali Ahmed expressed gratitude for the contribution of the Iraqi government in the program, considering the agreement between the two parties represents the "firm commitment of the Iraqi government to restore stability, and encourage the safe and dignified return of societies that fled the brutality of terrorist organizations."
"We have completed more than 2,000 stabilization projects, benefiting more than 8 million Iraqis with outstanding cooperation with the Iraqi government," she said.
“Through the agreement, we hope to start a strong and lasting financial partnership in which the Government will continue to contribute to projects managed by UNDP, in line with its priorities and aspirations.”
"Much work remains to be done, so I urge the international community to continue to support UNDP efforts to stabilize, capitalize on the significant progress and gains made so far and pave the way for a more prosperous Iraq."
The UNDP stabilization project in Iraq was established in June 2015 at the request of the Iraqi government to facilitate the return of displaced Iraqis following the ISIS crisis in Iraq and to lay the foundations for reconstruction and recovery. The stabilization project now has more than 3,100 projects in 31 cities and editorial districts, assisting local authorities in the rapid rehabilitation of infrastructure and basic services.
The Kurdistan Parliament is asking to register a complaint with the Federal Court about the Financial Management Law of 2019
04-09-2019 12:59 AM
Kurdistan Parliament demanded in a statement on Wednesday, the President of the region to register a complaint with the Federal Court of Iraq, regarding the law of financial management of Iraq.
The statement said, the Finance Committee and the Economic Affairs of the Kurdistan Parliament, held a meeting and discussed the issue of registering a legal complaint with the Federal Court on the Iraqi Financial Management Act of 2019.
The statement pointed out that according to Article (112) of Law No. (1) of the 2005 Iraqi Constitution, it was decided to ask the President of the Kurdistan Regional Government to register a complaint with the Federal Court regarding the articles mentioned in the Financial Management Law, which violate the authorities of the Kurdistan Region.
The statement said, the Finance Committee and the Economic Affairs of the Kurdistan Parliament, held a meeting and discussed the issue of registering a legal complaint with the Federal Court on the Iraqi Financial Management Act of 2019.
The statement pointed out that according to Article (112) of Law No. (1) of the 2005 Iraqi Constitution, it was decided to ask the President of the Kurdistan Regional Government to register a complaint with the Federal Court regarding the articles mentioned in the Financial Management Law, which violate the authorities of the Kurdistan Region.
Aboul Gheit discusses in Baghdad the files of the next Arab Ministerial
Iraq stresses the importance of the role of the League in ending tensions in the region
Date posted: 04/09/2019
Baghdad: «Gulf», agencies
BAGHDAD (Reuters) - Iraqi President Barham Salih said on Tuesday his country was backing any effort to ease tensions and find solutions to crises that threaten everyone.
During his meeting with Arab League Secretary General Ahmed Aboul Gheit, Saleh stressed the importance of the Arab League's role in coordinating and unifying visions among member states to end tensions and find solutions to crises. Joint », according to a statement of the Iraqi presidency.
He said that «the political and security efforts in Iraq after the victory over ISIS is focused on working to establish an environment of security, political and social stability that helps to progress construction and reconstruction projects, and the development of economic and service structures in the country». He pointed to «the Iraqi national view responsible for international and regional problems in the region to work jointly with everyone for the peace and stability of the region, and to distance Iraq from the policy axes».
For his part, Aboul Gheit praised the role played by Iraq in order to strengthen and activate the joint Arab action system, in a way that enhances security and stability in the region.
During the meeting, Aboul Gheit outlined the Arab League's vision of the situation and developments in the Arab and regional arena and ways to maintain peace there.
Aboul Gheit had earlier held talks with Iraqi Foreign Minister Mohammed Ali al-Hakim on "the files to be put forward at the Arab ministerial meeting to be chaired by Iraq on the tenth of this month and the Israeli attacks" in the region, and decisions will be taken to limit them. "We discussed the situation in Libya, Sudan, Syria, Yemen and Gulf security and navigation in the Gulf, because this issue is important for Iraq," Hakim said at a joint press conference with Aboul Gheit. ».
The sources pointed out that the two sides praised the role of Iraq during the escalation between Iran and America in keeping the region away from conflicts and wars. The sources confirmed that «Aboul Gheit expressed the confidence of the Arab League capabilities and capabilities of Iraq in the management of the ministerial meeting and the success of its outputs».
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Today in History
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Today in History
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Investing In Times Of (Socio-Economic) UncertaintyA demographic bulge in less developed nations has led to destabilising migratory waves.Many countries would do well to re-learn the lessons of the Great War.China's One Belt, One Road initiative illustrates rare strategic thinking at a time when nationalistic agendas abound.Revert to the time-tested philosophies of value.
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10 Things to Know for Today
Among 10 Things to Know: Hurricane Dorian devastates Bahamas as evacuations are ordered in Florida, Georgia, South Carolina; 25 dead, nine missing after boat fire on California scuba diving trip; Britain's Parliament challenging government's Brexit plans
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The biggest news you missed over the long weekend
The latest on the “major back injury” Kevin Hart suffered in a car crash, the last hours aboard a California boat before a horrific fire, and a U.S. Open moment that transcended sports.
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The latest on the “major back injury” Kevin Hart suffered in a car crash, the last hours aboard a California boat before a horrific fire, and a U.S. Open moment that transcended sports.
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Good Morning from CNN
Holiday weekend is over and you've got the back-to-work blues? It's not your imagination. It's a real thing, but it's also treatable. Here's what else you need to know to Get Up to Speed and Out the Door.
OIL/COMMODITIES/ENERGY
PRECIOUS-Gold gains after new U.S.-China tariffs; dollar caps upside
* SPDR Gold Trust holdings rise 12% so far this year
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Gold Stocks Vs. Bullion In A Gold Bull Market
Whether gold or gold stocks are the best way to access the current bull market.Gold stocks, on average, have historically outperformed gold during gold bull market cycles in the past - including through both cyclical and secular periods.Gold’s current $1,500 price level hints at a potentially longer, sustained rally - perhaps more similar to the secular gold bull market of 2001 to 2008.
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Beacon Minerals anticipates first bullion within weeks to take advantage of prevailing gold price
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Crude Oil - Going Nowhere Fast
Recession is bearish.Iran remains supportive.Inventories were supportive.Weakness in processing spreads.UCO and SCO to trade the range.
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BANKS/BANKING/CREDIT
The 3 Big Issues And The 1930s Analogue
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I'm a financial adviser, and I think robo-advisers can be useful — but they aren't for everyone
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US Firm Raises $12M for Bank-Focused Blockchain Payments Solution
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Greece ends crisis-era capital controls
Greece has formally ended the last remaining banking restrictions imposed four years ago during a financial crisis that saw the country nearly crash out of the eurozone
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Deutsche CEO to invest 15% of monthly net pay in bank's shares
Deutsche Bank's chief executive Christian Sewing will spend 15% of his monthly net salary buying the German lender's shares starting in September, a regulatory filing showed on Monday.
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RPT-UPDATE 2-India announces series of state-run bank mergers to strengthen lenders
(Repeats Friday's story with no changes to the text)
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Egyptian banks’ foreign deposits hit lowest in 15M
By: Heba El-Kordy Cairo – Mubasher: Total foreign-currency deposits at Egyptian banks have hit its lowest level in July since April 2018, backed by the strong performance of the Egyptian pound. Deposits in foreign currencies declined to EGP 708.63 …
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Global Metal Credit Cards Market Demands and Value Predication 2019-2026 Gemalto, X-Core, G&D – Rise Media
Our latest research report documents details about Global Metal Credit Cards market which sheds a light on different aspects of the worldwide market. The report describes the steady growth of Metal Credit Cards market despite of the various fluctuations and also highly changing trends of the market. It is also reported that the study on worldwide Metal Credit Cards market is based on the most significant parameters. The global industry for Metal Credit Cards market is predicted to grow at a CAGR
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I Use Credit Cards to Fly in Etihad's First Class Apartments and Access WeWork — Here's What's in My Wallet
While I don't have nearly as many credit cards as my colleagues at the TPG office -- or TPG himself -- I have a few solid ones in my possession. From having co-working space, to planning travel for friends using points and miles, to planning first-class travel for myself, I've made the few credit cards I...
Read in The Points Guy: https://apple.news/
Yep, wood or metal Apple Card cases for up to $900 really are a thing now...
If you needed any further evidence that it's no longer possible to distinguish satire from real-life, you can now buy Apple Card cases in wood or metal – including gold, of course – for anything from $39 to $900... Apple kind of made this inevitable when it issued a support document for how to protect...
Read in 9to5Mac: https://apple.news/
The American Express Gold Card has a $250 annual fee, but two benefits alone can get you $220 in value each year
The American Express® Gold Card charges a $250 annual fee, but you can make most of that back when you fully utilize two of its annual statement credits. The Gold Card can automatically give you credit backs for some dining and travel purchases up to a combined $220 per year. This popular card gives you 4 points per dollar on US supermarket purchases (up to $25,000 in annual purchases, then 1x) and at restaurants worldwide. For many years, I was averse to any credit card with an annual fee. I
Read in Business Insider: https://apple.news/
TREASURIES/BONDS/STOCKS
5 Reasons To Be Cautiously Optimistic On The S&P 500The S&P 500 is under pressure due to geopolitical and economic uncertainty.However, market breath, the yield curve inversion, credit spreads, the jobs market and investor sentiment are pointing towards further upside potential in the S&P 500.It all comes down to fundamentals versus expectations, and buying in times of depressed market expectations tends to produce attractive performance in the long term.
Read in Seeking Alpha: https://apple.news/
Sentiment Speaks: The Stock Market Is Not Looking HealthyProper Elliott Wave analysis frames the market in an understandable context which cannot be gleaned from other methodologies.The stock market is in a precarious position and is still likely to drop below 2700 in the coming weeks.There are many reasons as to why we are looking lower in the coming weeks.
Read in Seeking Alpha: https://apple.news/
Is It Time to Buy Stocks Again? One Indicator Says So.Investors might have oversold stocks, and it’s time to consider entering the game again, according to Bank of America Merrill Lynch.
Read in Barron's: https://apple.news/
Top 5 Things to Know in the Market on TuesdayEconomy Sep 03, 2019 09:51 GMT Investing.com -- Here are the top 5 things you need to know in financial markets on Tuesday, 3rd September. Wall Street set to reopen lower U.S. stock markets are set to reopen lower after the long Labor Day weekend, during which new U.S. and Chinese import tariffs came into effect and China filed a formal complaint over the U.S. tariffs at the World Trade Organization. Reports suggested that the two sides had failed to agree on a date for resuming talks over the
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CRYPTO / DIGITAL CURRENCIES
China to launch official cryptocurrency to eliminate need for bank accountsChina's plans to launch a state-backed cryptocurrency may eliminate the need for bank accounts, a new study has found. A report was published in Binance, a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Since early 2018, Binance is considered as the biggest cryptocurrency exchange in the world in terms...
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Binance Launches Two Crypto Futures Platforms for User TestingCryptocurrency exchange Binance has launched two test platforms for its crypto futures products, with users to decide the official version.
Read in CoinDesk: https://apple.news/
Swiss Financial Regulators Approves Bitcoin Banks operations with stringent guidelines - InsideBitcoins.com
The financial regulators in Switzerland recently authorized two organizations to fill in as customized banks for the business and further open up the market to institutional financial specialists, though under extremely exacting AML guidelines. One of the challenges of organizations in the cryptographic money industry is finding a bank that consents to work with them and associate them with the conventional fiat financial process. Bitcoin Banks gets Approval from Swiss Regulator An important
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Consumers could be winners as Singapore shakes up its digital banking sectorThe Monetary Authority of Singapore will distribute up to five digital banking licenses for non-banking entities to provide financial services to retail customers and SMEs.
Read in CNBC: https://apple.news/
Bitcoin Price Hits $9,800 as Major Cryptocurrencies Trade SidewaysMarkets are trading sideways today, with gains and losses among the top five cryptocurrencies not exceeding 4%. Market visualization. Source: Coin360 The Bitcoin (BTC) price has spiked slightly after trading close to $9,600 for most of the day. At press time the coin is trading at $9,799, up 1.72% on the day. Bitcoin 24-hour price chart. Source: Coin360 Industry investor Mike Novogratz recently said that, while Bitcoin is trading below $10,000, the seminal cryptocurrency is merely in a
Read in Cointelegraph: https://apple.news/AEoneP_
City of São Paulo to Use Blockchain Registry for Public WorksThe municipal government of São Paulo, Brazil, is going to use a blockchain registry for its public works projects. The Municipal Secretariat of Urban Infrastructure and Works contracted blockchain firm Construtivo to implement a blockchain solution for city hall, Cointelegraph Brasil reports on Sept. 1. Better transparency after past inefficiencies The city has decided to implement a blockchain solution for public works after poor conditions forced the closure of several bridges and roads,
Read in Cointelegraph: https://apple.news/AfEMt-
Venezuela Smashes Weekly Bitcoin Trading Record With 114B BolivarsBitcoin (BTC) trading has hit a giant new record yet again in Venezuela as the country’s crippling hyperinflation continues to play out. Localbitcoins volume up 48% Data published on Sep. 2 from monitoring resource Coin Dance, which tracks trade volumes on P2P crypto exchange platforms, showed Venezuelans traded more last week than ever before. In the seven days ending Aug. 31, 114 billion sovereign bolivars (VES) changed hands on Localbitcoins alone. That figure dwarfs the previous record set
Read in Cointelegraph: https://apple.news/
‘Buy Bitcoin’ Says Exert as Argentina Imposes $10K Limit for CitizensArgentina has reimposed capital controls, limiting citizens’ and businesses’ freedom to buy foreign currency. As Bloomberg reported on Sep. 1, the increasingly troubled South American nation took the step as the Argentine peso (ARS) suffers overwhelming losses against major fiat currencies such as the U.S. dollar. Argentina puts $10K limit on dollar access Argentina has shown an affinity for Bitcoin (BTC) in recent times, with trade volumes accelerating as uncertainty around the economy grew.
Read in Cointelegraph: https://apple.news/
Bitcoin Price Shoots for $10K as Markets Hold Breath for BreakoutBitcoin (BTC) price was fighting resistance close to $10,000 on Sept. 2 as fresh energy appeared to flow into markets. Market visualization. Source: Coin360 Bitcoin price attempts to crack $10K barrier Data from Coin360 showed BTC/USD 2.25% up on Monday, climbing through $9,800 to challenge a ceiling it failed to break the day before. At press time, the pair traded at just below the $9,800 mark, having hit $9,840 before rejecting further gains in the short term. Bitcoin 7-day price chart. Source
Read in Cointelegraph: https://apple.news/
CURRENCIES
September Monthly
Three forces are shaping the investment climate.In the foreign exchange market, these forces weighed on those currencies that often appear sensitive to world growth.There has been much discussion in recent weeks about steps that the US may take to drive the dollar lower.Our concerns are where the rubber meets the road: Selling dollars is fine, but what to buy?
Read in Seeking Alpha: https://apple.news/
King Dollar - Not So Much
The trade dispute points to lower rates.The dollar index sits near the highs - Europe is highly supportive of the greenback.The administration wants the dollar lower.All currencies are losing value.King dollar could experience a lot more volatility over the coming weeks and months.
Read in Seeking Alpha: https://apple.news/
Forex - Pound Drops Below 1.20 on Brexit Uncertainty, Euro Weaker
Forex Sep 03, 2019 07:46 GMT Investing.com - The British pound fell to its lowest level since January 2017 on Tuesday amid uncertainty as investors waited to see whether lawmakers would be able to block Prime Minister Boris Johnson’s plans to pursue a no-deal Brexit. Sterling was down 0.71% to 1.1979 by 03:25 AM ET (07:30 GMT), its lowest level since January 2017, extending Monday's 0.85% fall. Later Tuesday, lawmakers were to vote on a plan to seize control of the parliamentary agenda on
Read in Investing.com: https://apple.news/
Sterling slips on rumors UK government is preparing for a snap election
Sterling fell Monday following dismal manufacturing data and speculation that Prime Minister Boris Johnson could be planning a general election.
Read in CNBC: https://apple.news/
Pound tumbles as British factory output hits seven-year low ahead of Brexit showdown
The pound tumbled on Monday following dismal British manufacturing data ahead of a crunch week for Brexit in Parliament.
Read in MarketWatch: https://apple.news/
Pound Falls as Investors Brace for Brexit Fight in Parliament
The pound fell to the lowest level in two weeks as a showdown between U.K. lawmakers over Brexit loomed large.
Read in Bloomberg: https://apple.news/AR04WJxf_
FOREX-Euro slides to 16-month lows on gloomy outlook; yuan weak
* Graphic: World FX rates in 2019
Read in Reuters: https://apple.news/
Argentina imposes currency controls as its economic crisis deepens
The temporary measures allow the government to restrict foreign currency purchases following a sharp drop in the super-sensitive peso.
Read in CNBC: https://apple.news/
Forex: Yuan midpoint hits 11.5-year-low as more US-China tariffs kick in
Forex Sep 02, 2019 02:36 GMT Investing.com –The U.S. dollar gained some ground over the weekend while the Japanese yen weakened as new tariffs took effect in both the U.S. and China, marking the next step in their ongoing trade dispute. The USD/JPY pair last traded at 106.20 by 10:06 PM ET (02:06 GMT), down 0.08%. Last week, the yen had strengthened as much as JPY105 to the USD. For its part, the People’s Bank of China (PBoC) set the midpoint for trading in the CNY at a low not seen in more than
Read in Investing.com: https://apple.news/
HEALTH / SCIENCE
The real reason why you're always tired and low on energy, even though you get enough sleep every night
Nothing seems to give you enough energy to get important things done.Why are we always tired, despite living a relatively healthy lifestyle?
Read in Ladders: https://apple.news/AJXfvwt2_
Millennial And Gen-X Travelers: Need Another Measles Shot?
Americans born in the '70s and '80s may not be immune to measles, health officials say. If you're traveling to a country or region having an outbreak, consider a second dose of vaccine before you go.
Read in NPR: https://apple.news/
The real reason why you're always tired and low on energy, even though you get enough sleep every night
Nothing seems to give you enough energy to get important things done.Why are we always tired, despite living a relatively healthy lifestyle?
Read in Ladders: https://apple.news/AJXfvwt2_
Millennial And Gen-X Travelers: Need Another Measles Shot?
Americans born in the '70s and '80s may not be immune to measles, health officials say. If you're traveling to a country or region having an outbreak, consider a second dose of vaccine before you go.
Read in NPR: https://apple.news/
Almost 900 Migrants Affected By Mumps Outbreak In US Detention Facilities, CDC Reports
Almost 900 Migrants Affected By Mumps Outbreak In US Detention Facilities, CDC Reports
Read in IFLScience: https://apple.news/Aqxk-
Almost 900 Migrants Affected By Mumps Outbreak In US Detention Facilities, CDC Reports
Read in IFLScience: https://apple.news/Aqxk-
Novel treatment for depression leaves China laughing online
Chinese researchers have established a link between depression and intestinal microbes but their work has been ridiculed on social media as a “useless study featuring eating s***”. Yao Honghong, a researcher at the medical school of Southeast…
Read in South China Morning Post: https://apple.news/
Chinese researchers have established a link between depression and intestinal microbes but their work has been ridiculed on social media as a “useless study featuring eating s***”. Yao Honghong, a researcher at the medical school of Southeast…
Read in South China Morning Post: https://apple.news/
The nightmare everyone is worried about’: HIV cases tied to opioids spike in West Virginia county
The surge in cases comes as the Trump administration sets out to eradicate HIV transmission by 2030.
Read in POLITICO: https://apple.news/
The surge in cases comes as the Trump administration sets out to eradicate HIV transmission by 2030.
Read in POLITICO: https://apple.news/
USA / CANADA
Hurricane Dorian forecast: Slow-moving category 5 storm
Hurricane Dorian, one of the most powerful storms on record, is creeping across the Bahamas toward the Southeastern U.S., bringing high storm surges. Meteorologist Megan Glaros of Chicago CBS station WBBM-TV is tracking the hurricane.
Read in CBS News: https://apple.news/
If commercial property taxes increase, will California companies stop hiring, investing?
Updated proposal says any commercial or industrial property with an assessed value of less than $3 million and at least 50% of the property occupied by the owner will now avoid re-assessment.
Read in The Mercury News: https://apple.news/
$1,000 a month, no strings attached? Such an experiment is underway.
The idea of a “universal basic income” is gaining traction among Silicon Valley titans and Democratic presidential hopefuls, despite a national trend toward more restrictions on public benefits.
Read in The Washington Post: https://apple.news/
Financial sector to be hit by US-China rivalry, economist says
Cailin Birch, global economist at the Economist Intelligence Unit, discusses the impact of the Sino-U.S. trade war.
Read in CNBC: https://apple.news/
Yes, the Fed could still stop a recession
As interest rates fall and negative yields proliferate, concern is growing that central banks have lost their power to conduct monetary policy. Former U.S. Treasury Secretary Larry Summers suggested as much in a recent tweet storm, while Adair Turner, former head of the U.K. Financial Services Authority, recently published a column titled, "Central Banks Have Lost Much of Their Clout."
Read in My San Antonio: https://apple.news/
IRS Expands Penalties: Which Tax Mistakes Are Better Not to Commit
Willful and non-willful tax flubs are different. Taxes are complex, and innocent tax mistakes can often be forgiven — maybe with no penalty. Even if there is a penalty, non-willful is vastly lower than willful. In a criminal tax case, this fundamental dichotomy can mean the difference between innocence or guilt, freedom or incarceration. But penalties in civil cases can be plenty bad — and most tax cases are civil — and to the United States Internal Revenue Service, bad intent may not be bad at
Read in Cointelegraph: https://apple.news/
EMERGING MARKETS
Brazil's inflation expectations slide to new lows -survey
Brazilian inflation expectations for this year have fallen to fresh lows, according to a central bank survey of economists published on Monday, strengthening the consensus view that the central bank will cut interest rates by a significant amount.
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FMC allows Puerto Rico terminals to combine - FreightWaves
The Federal Maritime Commission said it is allowing a joint venture between two adjacent marine terminals at the Port of San Juan in Puerto Rico to go into effect, but “concerns about the agreement and its impact on the marketplace will lead the FMC to adopt a more vigorous oversight plan than its traditional monitoring program.” The FMC approved an agreement between two terminal operators — Luis Ayala Colon and Puerto Rico Terminals — to form a new company called Puerto Nuevo Terminals (PNT)
Read in FreightWaves: https://apple.news/AwIijIlcPP-
Tropical storm forms off western Mexico; no threat to land
MEXICO CITY (AP) — Tropical Storm Juliette has formed in the eastern Pacific far off Mexico's west coast and is expected to strengthen into a hurricane by Monday, though forecasters say it isn't likely to pose any threat to land.
Read in My San Antonio: https://apple.news/
Diplomat says U.S. does not want military intervention in Venezuela: report
CARACAS (Reuters) – The United States is not seeking a military intervention as a solution to the economic and political crisis in Venezuela, the U.S. envoy to the troubled South American nation said in an interview published by a Venezuelan online news site on Sunday. Washington this year disavowed Maduro, whose 2018 re-election was widely...
Read in CreaWorldNews: https://apple.news/
Argentina struggling to avoid its 9th sovereign debt default | DW | 02.09.2019
After almost four years of relative calm, Argentina is navigating rough financial waters again. The debt-laden South American country went into a brief, one-day "selective default" on Thursday imposed by ratings agency Standard & Poor's on some of the country's debts totaling $101 billion (€92 billion). But the ratings agency added in a press release on the same day that the default had been "cured" after Buenos Aires agreed to new terms for its short-term bonds, meaning the default rating could
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MIDDLE EAST
Donald Trump's Afghanistan Peace Plan 'Is Called Losing': Fox News Analyst
September 02, 2019 President Donald Trump's administration is reportedly making significant progress in its efforts to bring the long-running war in Afghanistan to an end, with American and Taliban representatives now close to agreeing to begin full peace talks including the Afghan government. The New York Times reported last week that negotiators were nearing a deal that is expected to set a timeline for the withdrawal of U.S. and NATO troops and to set up direct talks between the Taliban and
Read in Newsweek: https://apple.news/
British drones in Iraq and Syria could be sent to Gulf
Navy chiefs have requested surveillance support to combat the threat from Iranian forces in the Strait of Hormuz. Drones targeting the Islamic State in Iraq and Syria could be redeployed.
Read in Daily Mail: https://apple.news/A8Jiskt_
Ancient city Kemune emerges in northern Iraq before sinking again
Droughts can sometimes have some surprising benefits, such as helping archaeologists discover a 3,500-year-old city in northern Iraq. Kemune, which once overlooked the Tigris river, can be dated to the time of the Mittani Empire, a kingdom of the Ancient Near East. Al Jazeera's Osama Bin Javaid reports from Kemune.
Read in Al Jazeera: https://apple.news/
Iran's Payback Plan Targets America
Seth J. Frantzman Security, Middle East The recent alleged airstrikes now bring the tension to a new height amid disagreements within Iraq. Iraqi leaders of the Popular Mobilization Forces, a group of mostly Shi’ite militias, have put out conflicting statements accusing the United States, Israel and foreign forces of involvement in mysterious explosions that damaged munitions warehouses over the last month. On Wednesday, August 21, the powerful paramilitary leader Abu Mahdi al-Muhandis said the
Read in The National Interest: https://apple.news/
The Latest: Iran's top diplomat presses Europe on nuke deal
The Latest: Foreign minister says Iran will comply with 2015 nuclear deal only when Europe delivers on its commitments
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Iran Discloses Details of Macron’s Offer to Save JCPOA
An Iranian lawmaker has revealed details of a French proposal to convince Iran not to take the next step in reducing commitments under the 2015 nuclear deal, saying Paris has put forward a $15 billion credit line for oil purchases from Iran.
Read in IFP News: https://apple.news/A_
Iran Strongly Condemns Israeli Aggression against Lebanon
Iranian Foreign Ministry Spokesman Seyyed Abbas Mousavi has strongly condemned the Zionist regime’s Sunday aggression against southern Lebanon, describing it as a violation of international rules and regulations.
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Iran to Start 3rd Round of Reducing Commitments More Decisively
Iran has warned that if European parties to the 2015 nuclear agreement fail to meet their commitments to under the deal, Tehran will further, and this time more decisively, reduce its nuclear obligations.
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Sanctions choke Iran's crude sales, but oil product exports booming
While U.S. sanctions on Iran's oil industry have slashed the OPEC member's crude exports by more than 80%, oil product sales from the Islamic Republic remain strong at nearly $500 million a month, shipping data and Reuters calculations show.
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AFRICA
Nigeria: Beverages, Baby Food, Other Edibles That Could Be Affected By Buhari's Forex DirectiveOn August 13, President Muhammadu Buhari gave a directive to the Central Bank of Nigeria to stop providing foreign exchange for food importation into the country. Simply put, foreign currencies will no longer be provided by any commercial bank to any individual or company seeking to import food into Nigeria. "Don't give a cent to anybody to import food into the country," presidential spokesperson, Garba Shehu, quoted the president as saying. "We have achieved food security, and for physical
Read in AllAfrica: https://apple.news/
Zimbabwe: ZSE On Downward Trend, Loses BillionsThe Zimbabwe Stock Exchange (ZSE) continued on a downward trajectory during the week ended August 30 2019, wiping out a billion dollars off total market capitalisation to close the week at $21,74 billion (-4.49%). Equity benchmarks traded in the negative except for the Mining Index: The All Share Index shed 4.57% to at 166.36 points while the Industrial Index was down 4.65% to 553.59 points, lows last seen in May 2019. The Top 10 Index tumbled 6.13% to 148.96 points indicating that heavyweights
Read in AllAfrica: https://apple.news/
Zimbabwe: Doctors Threatened Over Strike
(Photo: New Zimbabwe) Suspected state security agents have allegedly been sending threatening messages to leaders of unions representing doctors in a bid to force the medical professionals to drop plans to go on strike on Tuesday . Government doctors last week gave notice that they would down tools after they rejected a 60% salary increase offer. Some doctors said they had been threatened with death, but vowed that the industrial action was going ahead as planned. "They are threatening to kill
Read in AllAfrica: https://apple.news/
Zimbabwe: Deaths, Abductions and Terror in Mnangagwa's Backyard(Photo: The Herald) Antony Kadozo, a veteran of Zimbabwe's liberation war, is struggling to come to terms with the death of his son, who was allegedly killed by Zanu PF youths. The 65-year-old Kwekwe resident said what pained him the most was that some of the 21-year-old Joseph's suspected killers grew up with his son. Joseph, an MDC supporter, died on August 22 after he was allegedly abducted by the Zanu PF youths at the Mbizo 3 shopping complex. The youths allegedly dragged him to the Mbizo
Read in AllAfrica: https://apple.news/
Zimbabwe: 'Road Rehab Boosts Mashonaland West'The rehabilitation and dualisation of the Harare-Chirundu Highway is set to make Mashonaland West a key transport hub linking the province to other parts of the country, Provincial Affairs Minister Mary Mliswa-Chikoka has said. In her remarks during a ground-breaking ceremony of the project for the improvement of the northern part of the North-South Corridor along the Makuti-Chirundu Road last week, Minister Mliswa-Chikoka said the programme brought lasting solution to road carnage on the
Read in AllAfrica: https://apple.news/AvL0e2_t2O-
Zimbabwe: Zim Firms See Tougher Second Half of the Year As Economy ImplodesZIMBABWE Stock Exchange (ZSE) listed companies that have so far reported their financial performance for the first half ending June 2019 period have predicted that the remaining months up to year end will be very tough and challenging. British American Tobacco chairman, Lovemore Manetsa recently said the trading conditions for the remaining half will remain challenging. "Trading conditions are expected to remain challenging for the remainder of 2019. We are however confident that our strategy
Read in AllAfrica: https://apple.news/
Zimbabwe: Agriculture Key for Revival - UNThe United Nations on Thursday said agriculture is key in the revival of Zimbabwe's economy as the country has massive potential to feed itself and once again retain its breadbasket status. The remarks tally with the Second Republic's thrust that has seen President Mnangagwa prioritising the agricultural sector, with the line ministry being the only one served with two deputy ministers. Command Agriculture scheme is also at the heart of President Mnangagwa, with this year alone Government
Read in AllAfrica: https://apple.news/ABHDv3d_
Tesla batteries are keeping Zimbabwe’s economy runningZimbabweans are relying on Tesla Inc. to help them pay their bills.
Read in Bloomberg: https://apple.news/
Africa’s impact investing, an insider’s perspective with Christelle Kupa - OpentalkImpact investing has been a buzzword for quite sometime, but in reality for most financial professionals, it is still somewhat of a new concept and quite often misunderstood. Capital deployed with the purpose of generating measurable social or environmental impact has been available for ages; however attaching an expectation of financial returns demands liability from...
Read in FurtherAfrica: https://apple.news/
ASIA
As Hong Kong protests grind on, China warns "the end is coming"
Pro-democracy movement soldiers on after violent weekend clashes, but Beijing is sending more signals that a major crackdown could be imminent
Read in CBS News: https://apple.news/
China aims to rev up shale gas drive, wean itself off imports amid U.S. trade row
China aims to slash its growing dependence on gas imports by boosting domestic projects like shale fields as the security of its energy supply comes under the spotlight amid a festering trade war with the United States.
Read in Reuters: https://apple.news/AX8EKK-
China's factories had a surprisingly good month. But there's trouble ahead
5:00 AM EDT September 2, 2019 Hong Kong China's massive manufacturing industry unexpectedly expanded last month, according to a closely watched private survey. But the country's economic outlook is still cloudy as the US-China trade war intensifies. The sector posted the fastest increase in production in five months, according to a survey released Monday by the media group Caixin. The purchasing managers index jumped to 50.4 in August, rising above the 50-point level that indicates growth
Read in CNN Business: https://apple.news/
China says no change to lenders' investment in policy bank bonds
China's banking and insurance regulator said on Monday there have been no changes to existing regulations on lenders' investment in policy bank bonds.
Read in Reuters: https://apple.news/
Why China must be prepared for Brexit and the possibility of another European crisis
If the euro is a handy bellwether for global risk perceptions, then recent price action suggests financial markets are in for a storm. And if Germany’s economy is a weather vane for global growth, the world seems to be heading for more trouble. Germany…
Read in South China Morning Post: https://apple.news/
EUROPE
Germany’s Economy Is Careening Towards Recession In Q3
Germany is again projected to grow by a scant 0.1% in the third quarter -- the same rate as in Q2 -- plunging Germany officially into an economic recession.
Read in Business Times: https://apple.news/
British manufacturing PMI drops to seven-year low in August
The IHS Markit/CIPS U.K. manufacturing PMI fell in August to a seven-year low of 47.4, down from 48 in July. Econommists polled by FactSet expected a 48.3 reading. Any reading under 50 indicates contracting conditions. "The high levels of economic and political uncertainty pervasive across domestic and global markets continued to weigh heavily on the performance of UK manufacturing during August. Output volumes fell as intakes of new work contracted at the fastest pace for over seven years,
Read in MarketWatch: https://apple.news/
Opinion: Battle for Britain will fight on long after Brexit and Boris Johnson
Abandoning the E.U. would leave Britain with tough tradeoffs and Trump.
Read in MarketWatch: https://apple.news/
European stocks nudge higher despite fresh U.S.-China tariffs coming into force
European stocks nudged higher on Monday despite fresh U.S. tariffs on Chinese goods coming into force as investors latched on to hopes of a resolution.
Read in MarketWatch: https://apple.news/
Blair says Brexit is answer to none of U.K. challenges as he warns Corbyn against backing an election
Former British Prime Minister Tony Blair on Monday continued to attack both the idea of Brexit and the ruling Conservative Party, which may take the U.K. out of the European Union on Oct. 31 without an agreed deal.
Read in MarketWatch: https://apple.news/
Pound falls as Johnson faces down Brexit rebels and manufacturing slides
MPs could seek to block a no-deal Brexit as early as today, but the government has refused to rule out ignoring the will of parliament.
Read in Yahoo Finance UK: https://apple.news/
The Latest: Scotland chief wants election before Brexit
Scotland's first minister says she's all for a general election, provided that it takes place before Britain is set to leave the European Union on Oct. 31
Read in ABC News: https://apple.news/
CBI, ISX, Kauaihn Chatter:
CBI Update:
The CBI for Wednesday 9/4/19 did update on the indicative rates Sell Rate 1190
The currency auction is 232,177,957
There are no news and announcements.
Rafidain Bank announces the distribution of salaries of retired civilians and military
Al-Ahd News- Continue
Rafidain Bank announced on Tuesday, the distribution of salaries of retired civilians and military for the month of September.
"The salaries of civil and military pensioners for the month of September were paid through electronic payment tools," the bank's media office said in a statement received by Al-Ahd News.
"Civilian and military retirees can receive their monthly salaries from wherever they are." is over/ 6
ISX Update:
Click on link above for today's latest update.
Shares Traded:
Value Traded:
ISX ended in Green
Kauaihn Chatter:dd
9-3-2019 Newshound Guru Kaperoni [via xyz] [what's the difference if the floating take an year to 1000%, which you call gradual vs 1000% in a month?] technically there is no difference but the pace and rate is set by the CBI. I don't know if they could reduce the money supply that fast. I think 6 months is realistic at a min.
9-3-2019 Intel Guru MarkZ I am very excited about this week still...i think we are right on top of the GCR...Based on what I’m hearing this should be our week. As far as 800 numbers...I feel we could see them tomorrow or Thursday at the latest…based on what we are hearing. What we also hear from the Iraqi contacts they expect to see a new CBI Governor and a new rate by Thursday. The rate they are expecting is $3.91 - $4.25...no one knows the exact time...We are all trying to figure this out based on news and sources .
9-3-2019 Newshound/Intel Guru RVAlready We can see CBI educating people and preparing to release this. Progress is certainly being made...
9-3-2019 Newshound Guru Kaperoni Several good articles...over the holiday weekend...talks about the upcoming parliament session. Over 150 laws that need to be passed including Oil & Gas law.
9-3-2019 Newshound Guru Jeff ...there was an article from yesterday that told you that they still have roughly 150 laws they call the controversial laws that they have to get approved and get finalized and get implemented...those 150 laws are post rate change laws...notice how they're hiding them from us and they're not telling us what all 150 are...but again it will happen after the rate change not before.
9-3-2019 Newshound Guru future A lop is the last thing iraq wants to do...a lop shows weakness, screws over their own citizens and sends a bad signal to investors...iraq cares about whats in their own borders. [an increase won't make them any richer, would it?] they get the purcashing power and their lives back...we get rich...they care about their country and their citizens...iraq is filthy rich we are nothing to them...['we' are nothing, what 'we' hold.] yep. we will find out soon. [but would you agree that we have been here before? expectng to find out] no they are bringing out the fils/coins...we havent had that.
9-3-2019 Newshound Guru Jeff ...they delayed parliament by two weeks. You know what they just told you guys? They don't have a damn thing to do. That's why they delayed this for 2 weeks. They have nothing left to do. What did I tell you 3 or 4 weeks ago? We don't want to see them do anything. And they just told you they don't have a damn thing to do. That's why they've delayed it by two weeks. You guys should be screaming with excitement right now...
9-3-2019 Intel Guru Frank26 ...the citizens are extremely excited and ready...The citizens have been shown by description. By pictures. By commercials about the ATM machines and MasterCards and the coins and the fill and so forth. The New small category notes that will be replacing the 3 zero notes...because they have explained to them the process of the lifting of the 3 zeros. All of this you have seen over and over and over gain...
9-3-2019 Newshound Guru MyLadies ...I'm not suggesting anyone get rid of it or sell it or whatever, I am simply saying there will not be overnight millionaires, the currency has a value and when it is excepted internationally there will be a trade to be made and the current value will be leveraged at an institutional level and a private level for those holding enough...currently the dinar sits at 1190 if the value raises against the dollar to even 1130 1140 1150 that is a good day in the currency trading arena.... [post 2 of 2]
9-3-2019 Newshound/Intel Guru RVAlready We can see CBI educating people and preparing to release this. Progress is certainly being made...
9-3-2019 Newshound Guru Kaperoni Several good articles...over the holiday weekend...talks about the upcoming parliament session. Over 150 laws that need to be passed including Oil & Gas law.
9-3-2019 Newshound Guru Jeff ...there was an article from yesterday that told you that they still have roughly 150 laws they call the controversial laws that they have to get approved and get finalized and get implemented...those 150 laws are post rate change laws...notice how they're hiding them from us and they're not telling us what all 150 are...but again it will happen after the rate change not before.
9-3-2019 Newshound Guru future A lop is the last thing iraq wants to do...a lop shows weakness, screws over their own citizens and sends a bad signal to investors...iraq cares about whats in their own borders. [an increase won't make them any richer, would it?] they get the purcashing power and their lives back...we get rich...they care about their country and their citizens...iraq is filthy rich we are nothing to them...['we' are nothing, what 'we' hold.] yep. we will find out soon. [but would you agree that we have been here before? expectng to find out] no they are bringing out the fils/coins...we havent had that.
9-3-2019 Newshound Guru Jeff ...they delayed parliament by two weeks. You know what they just told you guys? They don't have a damn thing to do. That's why they delayed this for 2 weeks. They have nothing left to do. What did I tell you 3 or 4 weeks ago? We don't want to see them do anything. And they just told you they don't have a damn thing to do. That's why they've delayed it by two weeks. You guys should be screaming with excitement right now...
9-3-2019 Intel Guru Frank26 ...the citizens are extremely excited and ready...The citizens have been shown by description. By pictures. By commercials about the ATM machines and MasterCards and the coins and the fill and so forth. The New small category notes that will be replacing the 3 zero notes...because they have explained to them the process of the lifting of the 3 zeros. All of this you have seen over and over and over gain...
9-3-2019 Newshound Guru MyLadies ...I'm not suggesting anyone get rid of it or sell it or whatever, I am simply saying there will not be overnight millionaires, the currency has a value and when it is excepted internationally there will be a trade to be made and the current value will be leveraged at an institutional level and a private level for those holding enough...currently the dinar sits at 1190 if the value raises against the dollar to even 1130 1140 1150 that is a good day in the currency trading arena.... [post 2 of 2]
9-2-2019 Newshound Guru MyLadies In my opinion it's really just a common sense issue...Iraq is not in a vacuum and the biggest pill to swallow is the one where we finally have to admit to ourselves that we were just foolish and uneducated and gullible and dazzled by bull**** to think we would be millionaires overnight...Those who choose to accept what deleting the zeros...will be able to make a plan. Those that do not will be most likely jumping off bridges...I am not saying there is no money to be made with the dinar, and... [post 1 of 2....stay tuned]
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Mahdi's website; posted only on Arabic side, not on English side)
The Cabinet holds its regular session under the chairmanship of Prime Minister Adel Abdul Mahdi
The Council of Ministers held its regular session on Tuesday 3 September 2019 under the chairmanship of Prime Minister Adel Abdul Mahdi.
The Cabinet discussed a number of topics prepared for its agenda and issued a number of resolutions.
The Cabinet decided to form a team responsible for soliciting and analyzing bids, assigning and authorizing a government authority to contract in order to unify the investment file for border ports.
The Council approved the draft law of accession of the Republic of Iraq to the International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage, 1992.
The Council agreed to add an amount for the purpose of continuing work on the border road project between (Arar-Anaza) length of 233 km the first section (phase I and II).
The Cabinet also agreed to accept the gift from the Embassy of the People's Republic of China to the Republic of Iraq.
Information Office of the Prime Minister
3 - September 2019
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ARTICLE 2 (from Government of Iraq twitter account)
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 9-3-2019 around 9:15 am Eastern
PM @AdilAbdAlMahdi receives in Baghdad the Secretary General of the League of Arab States, Ahmed Aboul Gheit, discusses strengthening joint Arab action, and regional developments.
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ARTICLE 3
Construction: Three ministers in the Mahdi government will be dismissed soon
0404-09-2019 09:13 AM
Baghdad / News
Three members of Prime Minister Adel Abdel Mahdi's cabinet will be sacked soon, a member of the building coalition Hussein Arab said.
Three members of Prime Minister Adel Abdel Mahdi's cabinet will be sacked soon, a member of the building coalition Hussein Arab said.
Arabs said in an interview with "Al-Akhbariya", "We are supportive of the government as a cabinet cabin, but we are with any deputy, whatever his bloc, in the exercise of his control right to interrogate the ministers negligent in their work."
He added that "the agenda of the parliament includes the questioning of five ministers in the new legislative term, three of them will be fired for sure and the first is the Minister of Electricity Louay al-Khatib," noting that "the request to interrogate Khatib submitted by the mass of Siron."
He pointed out that "there is a great misleading in the Ministry of Electricity figures related to the production and distribution of energy, as there is a difference between these figures and the ground." Several MPs said five ministers would be questioned in the coming legislative term, in addition to Prime Minister Adel Abdul Mahdi.
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ARTICLE 4-A
Arab League chief starts official visit to Iraq
Sep 3, 2019, 12:44 pm
Baghdad (IraqiNews.com) – Secretary-General of the Arab League Ahmed Abul Gheit started on Tuesday an official visit to Baghdad for talks with Iraqi officials on the latest regional and international developments.
Abul Gheit was received at Baghdad International Airport by Foreign Minister Mohamed Ali Alhakim.
According to official Iraqi newspaper Alsabaah, Abul Gheit will discuss with senior Iraqi officials, topped by President Barham Salih and Prime Minister Adil Abul Mahdi, means of combating terrorism and helping displaced families return to their homes.
The talks will also tackle Iraq’s presidency of the Arab ministerial council session, slated for September 10.
Earlier, Abul Gheit reiterated the pan-Arab body’s support for Iraq in the post-Islamic State era, as well as the reconstruction of Iraqi cities.
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ARTICLE 4-B
Iraqi president meets Arab League chief on latest regional developments
Sep 3, 2019, 3:38 pm
Baghdad (IraqiNews.com) – Iraqi President Barham Salih has said that his country is focusing on restoring peace and security at the current stage following the crushing defeat of the Islamic State terrorist group in 2017.
Salih made the remarks during a meeting Tuesday with visiting Secretary-General of the Arab League Ahmed Abul Gheit at the As Salam palace in Baghdad, the Iraqi presidency said in a press statement.
“Following the great victory over IS militants, our political and security efforts are concentrated on bringing about peace, stability and security in the country to give a push to the reconstruction process and develop economic and service infrastructure,” Salih said at the meeting.
He also highlighted the important role played by the Arab League to unify “visions of the member states to defuse tensions and find solutions to ongoing crises.”
“Iraq supports all efforts meant to achieve security and stability in the region, and boost joint cooperation ties,” Salih noted.
For his part, Abul Gheit spoke of the latest regional developments and efforts exerted by the Arab League to maintain peace in the Arab countries.
Abul Gheit praised the role played by Iraq to “strengthen and activate joint Arab action and to enhance security and stability in the region as a whole.”
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ARTICLE 5
Ancient city Kemune emerges in northern Iraq berore sinking again.
A palace thousands of years old has emerged from the Mosul Dam in the Kurdish region of northern Iraq after water levels dropped because of drought.
The appearance of the ruins on the banks of the Tigris River triggered an archaeological dig, with a joint Kurdish and German team keen on surveying the treasures of the complex, known as Kemune.
The site of Kemune can be dated to the time of the Mittani Empire, and is estimated to be nearly 3,500 years old.
The Mittani Empire is one of the least-researched empires of the Ancient Near East.
It spanned from the eastern Mediterranean coast to the east of present-day northern Iraq.
Archaeologists first discovered Kemune in 2010, when water levels in the reservoir were low, but its recent emergence marked the first time excavation at the site became possible.
During their survey, the Kurdish-German team found an array of items, including large fired bricks which were used as floor slabs and remains of wall paintings in bright shades of red and blue.
Now, it is submerged again, with little clarity over when the site may reappear. For the moment, at least, the past has receded from view as the water level in the Mosul Dam rises again.
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ARTICLE 6
Isis rigs cows with explosives in failed attack on Iraqi forces
'Group has lost ability to recruit young people and would-be suicide bombers, instead they are using cattle'
9-3-2019
Isis militants reportedly rigged cows with explosives in an attack on Iraqi security forces, in what is thought to be the first time the group has weaponised cattle.
The two cows were strapped with explosives belts and were heading towards a military checkpoint in Diyala province when Iraqi soldiers opened fire and “blew them up”, according to a report on the Kurdish language Rudaw news website.One civilian was injured in the failed attack last week, according to the report.Local official Sadiq Husseini was quoted as saying that the incident "shows that the group has lost the ability to recruit young people and would-be suicide bombers, instead they are using cattle".
The two cows were strapped with explosives belts and were heading towards a military checkpoint in Diyala province when Iraqi soldiers opened fire and “blew them up”, according to a report on the Kurdish language Rudaw news website.One civilian was injured in the failed attack last week, according to the report.Local official Sadiq Husseini was quoted as saying that the incident "shows that the group has lost the ability to recruit young people and would-be suicide bombers, instead they are using cattle".
Isis has been rebuilding in Iraq following the loss of its caliphate.
Diyala province has seen a spate of attacks in recent months, despite ongoing military operations by the Iraqi security forces and the US-led coalition set up to defeat Isis.
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