For those who can't get on OM, and who don't have access to the forum. I will post here the articles I like for the day and some of my thoughts. Check back later
International responses to Iran's missile response against two US bases in Iraq yesterday ranged from condemnations and calls to reduce escalation and a return to dialogue between Washington and Tehran, and the failure of Iraq to pay "the price of external rivalries." Yesterday, the United Nations Mission in Iraq called in a statement for restraint and the resumption of dialogue, after the Iranian missile strikes on two military bases sheltering American and foreign soldiers, saying that Iraq should not pay "the price of external conflicts."The UN mission said, "The recent missile attacks in the governorates of Erbil and Anbar only lead to an escalation of the conflict, and they violate Iraqi sovereignty again."Unjustified violence has expected consequences. ”
France condemned Wednesday the Iranian strikes, calling for "a de-escalation," and French Foreign Minister Jean-Yves Le Drian said in a statement: "France condemns the attacks carried out by Iran in Iraq against sites of the coalition fighting ISIS ... the priority is now more than ever to reduce the escalation."The cycle of violence must stop. ” British Prime Minister Boris Johnson called on Tehran to "urgently reduce the escalation", condemning Iranian attacks on coalition bases in Iraq.Earlier, British Foreign Secretary Dominic Rapp said, "We condemn this attack on Iraqi military bases that include forces for the alliance, including the British."He expressed "concern" about "information about the wounded and the use of ballistic missiles." German Defense Minister Ingrett Kramp-Karenbauer announced that Germany strongly condemns the Iranian "aggression" by firing missiles at two bases that include American soldiers in Iraq.German Foreign Minister Heiko Maas also asked Tehran to "abandon any move that could lead to a new escalation.""We have been in touch with the parties for days," with the aim of easing the tension, he added. NATO Secretary-General Jens Stoltenberg condemned Iran's firing of missiles at Iraqi bases where American forces are deployed."I condemn the Iranian missile attack on US forces and the coalition in Iraq," he wrote in a tweet.NATO calls on Iran to refrain from escalating the violence further.A NATO officer said there were no casualties among the forces conducting a training mission in Iraq. China called for "restraint" after the attacks by Iran on two bases used by US soldiers in Iraq."It is not in the interest of any party that the situation in the Middle East be further aggravated," Chinese Foreign Ministry spokesman Jing Shuang told reporters. "The recent missile attacks on two bases in Iraq are being used by American forces and the alliance, including European forces, is a new example of escalation and increasing confrontation," said European Union Foreign Minister Josep Borrell.He warned that "it is not in anyone's interest to exacerbate the cycle of violence."
International responses to Iran's missile response against two US bases in Iraq yesterday ranged from condemnations and calls to reduce escalation and a return to dialogue between Washington and Tehran, and the failure of Iraq to pay "the price of external rivalries." Yesterday, the United Nations Mission in Iraq called in a statement for restraint and the resumption of dialogue, after the Iranian missile strikes on two military bases sheltering American and foreign soldiers, saying that Iraq should not pay "the price of external conflicts."The UN mission said, "The recent missile attacks in the governorates of Erbil and Anbar only lead to an escalation of the conflict, and they violate Iraqi sovereignty again."Unjustified violence has expected consequences. ”
France condemned Wednesday the Iranian strikes, calling for "a de-escalation," and French Foreign Minister Jean-Yves Le Drian said in a statement: "France condemns the attacks carried out by Iran in Iraq against sites of the coalition fighting ISIS ... the priority is now more than ever to reduce the escalation."The cycle of violence must stop. ” British Prime Minister Boris Johnson called on Tehran to "urgently reduce the escalation", condemning Iranian attacks on coalition bases in Iraq.Earlier, British Foreign Secretary Dominic Rapp said, "We condemn this attack on Iraqi military bases that include forces for the alliance, including the British."He expressed "concern" about "information about the wounded and the use of ballistic missiles." German Defense Minister Ingrett Kramp-Karenbauer announced that Germany strongly condemns the Iranian "aggression" by firing missiles at two bases that include American soldiers in Iraq.German Foreign Minister Heiko Maas also asked Tehran to "abandon any move that could lead to a new escalation.""We have been in touch with the parties for days," with the aim of easing the tension, he added. NATO Secretary-General Jens Stoltenberg condemned Iran's firing of missiles at Iraqi bases where American forces are deployed."I condemn the Iranian missile attack on US forces and the coalition in Iraq," he wrote in a tweet.NATO calls on Iran to refrain from escalating the violence further.A NATO officer said there were no casualties among the forces conducting a training mission in Iraq. China called for "restraint" after the attacks by Iran on two bases used by US soldiers in Iraq."It is not in the interest of any party that the situation in the Middle East be further aggravated," Chinese Foreign Ministry spokesman Jing Shuang told reporters. "The recent missile attacks on two bases in Iraq are being used by American forces and the alliance, including European forces, is a new example of escalation and increasing confrontation," said European Union Foreign Minister Josep Borrell.He warned that "it is not in anyone's interest to exacerbate the cycle of violence."
International calls to "reduce escalation" and return to dialogue between Washington and Tehran
Publication date: 09/01/2020
International responses to Iran's missile response against two US bases in Iraq yesterday ranged from condemnations and calls to reduce escalation and a return to dialogue between Washington and Tehran, and the failure of Iraq to pay "the price of external rivalries." Yesterday, the United Nations Mission in Iraq called in a statement for restraint and the resumption of dialogue, after the Iranian missile strikes on two military bases sheltering American and foreign soldiers, saying that Iraq should not pay "the price of external conflicts." The UN mission said, "The recent missile attacks in the governorates of Erbil and Anbar only lead to an escalation of the conflict, and they violate Iraqi sovereignty again." Unjustified violence has expected consequences. ” France condemned Wednesday the Iranian strikes, calling for "a de-escalation," and French Foreign Minister Jean-Yves Le Drian said in a statement: "France condemns the attacks carried out by Iran in Iraq against sites of the coalition fighting ISIS ... the priority is now more than ever to reduce the escalation." The cycle of violence must stop. ” British Prime Minister Boris Johnson called on Tehran to "urgently reduce the escalation", condemning Iranian attacks on coalition bases in Iraq. Earlier, British Foreign Secretary Dominic Rapp said, "We condemn this attack on Iraqi military bases that include forces for the alliance, including the British." He expressed "concern" about "information about the wounded and the use of ballistic missiles." German Defense Minister Ingrett Kramp-Karenbauer announced that Germany strongly condemns the Iranian "aggression" by firing missiles at two bases that include American soldiers in Iraq. German Foreign Minister Heiko Maas also asked Tehran to "abandon any move that could lead to a new escalation." "We have been in touch with the parties for days," with the aim of easing the tension, he added. NATO Secretary-General Jens Stoltenberg condemned Iran's firing of missiles at Iraqi bases where American forces are deployed. "I condemn the Iranian missile attack on US forces and the coalition in Iraq," he wrote in a tweet. NATO calls on Iran to refrain from escalating the violence further. A NATO officer said there were no casualties among the forces conducting a training mission in Iraq. China called for "restraint" after the attacks by Iran on two bases used by US soldiers in Iraq. "It is not in the interest of any party that the situation in the Middle East be further aggravated," Chinese Foreign Ministry spokesman Jing Shuang told reporters. "The recent missile attacks on two bases in Iraq are being used by American forces and the alliance, including European forces, is a new example of escalation and increasing confrontation," said European Union Foreign Minister Josep Borrell. He warned that "it is not in anyone's interest to exacerbate the cycle of violence."
Iran bombs two US bases in Iraq .. And Trump: We will not retaliate militarily
Washington confirms that there were no casualties, and Abdul-Mahdi announced that he had received a warning from Tehran before the attack
Baghdad: "The Gulf", agencies
Iran bombed ballistic missiles, at dawn yesterday, Wednesday, two bases in Iraq where American soldiers are stationed, in response to the killing of the head of the "Quds Force" in the Iranian "Revolutionary Guard", General Qassem Soleimani, with a US strike in Baghdad, five days ago, while the American President, Donald Trump, the days of tolerance for Iran's actions are over, stressing at the same time that his country does not want to use military force, considering that economic sanctions are the best deterrent, before he indicates that he is ready for peace with all parties. Yesterday morning, the Iraqi Joint Operations Command said in a statement that 22 missiles had landed within half an hour on the two bases of Ain al-Assad, in western Iraq, and Erbil in the north. The two bases are based on foreign soldiers, most of them Americans. The statement, which was published about seven hours after the attack, and did not refer to Iran, indicated that the bombing was carried out at the same time that Soleimani was assassinated near Baghdad airport on Friday. "We have received an official verbal message from Iran that the Iranian response to the assassination of the martyr Qasim Soleimani has begun, or will begin shortly, and that the strike will be limited to the whereabouts of the US military in Iraq," said the spokesman for the commander-in-chief of the armed forces and Prime Minister Adel Abdul-Mahdi. He explained that the American side "contacted us at the same time, and the missiles were falling on the wing of the American forces at Ein al-Assad bases in Anbar, and silk in Erbil." However, the other two presidents, the Republic and Parliament, have expressed their condemnation of "violating Iraqi sovereignty" and turning the country into a "war zone." The strikes did not result in casualties among the Iraqi forces, and no casualties were reported among the American soldiers. Yesterday, Iranian President Hassan Rouhani announced that Iran “clearly demonstrated that it will not retreat in front of America.” “If the United States commits another crime, it must know that it will deliver a more assertive response,” he said in a speech to the cabinet, “but if they are reasonable, "They will not do anything else at this stage." As for the Iranian "Revolutionary Guards" who announced the attack and called it the "Martyr Soleimani" operation, he called on Washington to withdraw its forces from the region "to prevent more losses and not to allow the threat of more American military lives." Iranian state television reported that Iranian missile strikes killed "80 Americans", quoting an "informed source" in the "Revolutionary Guard." He also threatened the "Revolutionary Guard" to hit "Israel", as Prime Minister "Israeli" Benjamin Netanyahu responded by warning that "Israel" would deliver a "thunderous blow" in the event of an attack. In Washington, President Trump said in a tweet on Twitter, hours after the attack, "Everything is fine." Missiles were fired from Iran at two military bases in Iraq. An assessment of losses and damages is underway. The "Pentagon" announced that Iran had fired "more than 12 missiles" at two military bases in Iraq that are being used by American forces, indicating that it was in the process of assessing the damage and studying the means of "retaliation." A US military official revealed, in exclusive statements to CNN, that the US military had had enough early warning of the missile attack launched by Iran on the military bases in Iraq. Iranian Foreign Minister Mohammad Javad Zarif, in turn, tweeted, "We are not seeking escalation or war, but we will defend ourselves against any aggression." Qais al-Khazali, a militia leader in the "Popular Mobilization" militia, in turn, vowed to respond to the American strike. - See more at:
Iraq .. after Operation "Blue Lightning"
Thursday 09 January 2020 KSA 01:03 - GMT 22:03
The dawn of the third of January 2020 was unusual in Baghdad, and although the Iraqis have adapted to the massive explosions, since (1980-1988) where the Iraq-Iran war, and beyond, this explosion in particular occupied all the capitals of the world and not Baghdad alone, so the international and Arab media outlets From its usual program to follow up on the event, which is the killing of the Quds Force commander, Qassem Soleimani, and his advisor and deputy commander of the “Popular Mobilization” Abu Mahdi Al-Muhandis, and three with them, although the “Hezbollah-Iraq Brigades” militia, led by the engineer, considered itself “ Islamic Resistance », so as not to submit to the leadership of the Iraqi armed forces, willLike the Lebanese "Hezbollah", it has its independence, as it represents the Islamic resistance.However, after the American bombing of the Kataeb camp, it was presented as part of the "crowd," and its leader is known to be the deputy commander of the "crowd." Since the year (2008) the name Suleimani has appeared in the media as a frequent visitor to Iraq, with an Iraqi exile, and it was reported that he had a role in stopping the fighting between the Iraqi army and the "Mahdi Army", at that time.His name appeared and his pictures were published during the year (2011), i.e. in the Syrian crisis, and talk about his almost permanent presence in Baghdad, until Iraqi officials announced that he was appointed a war adviser to the armed forces, and his presence in Baghdad during the Iraqi crises after each election.His role was not mysterious, but it was clear to the Iraqis, so the demonstrators approached him, in the central and southern cities squares, and chanted against him by name, in return that the followers of religious parties and organizations see his natural presence within the Islamic resistance movement. Soleimani intensified his presence in Iraq during the recent demonstrations, which differed from its predecessors, as it demanded a comprehensive change in Iraqi politics, and that its elements are from the Shiite youth in particular, and this was surprising to many, and many news leaked about his role in the current Iraqi crisis, and regarding the choice of a prime minister Among the largest bloc, and what the President of the Republic Barham Salih rejected. The “Blue Lightning” operation has divided the Iraqis to reject the American transgression of Iraqi sovereignty, and that Soleimani is one of the heroes in the war against ISIS and another team, and his group of protesters, considered this process a moment of departure to a change in Iraqi policy, after removing the obstacle that prevents From the agreement or choosing an independent figure with economic and legal experience for the prime minister, it is similar to the qualifications of the head of the Sudanese interim government, Abdullah Adam Hamdouk, who was chosen after the demise of the Omar al-Bashir “Brotherhood” regime, regardless of whether it is from inside or outside, the important qualifications and patriotism. Whoever was unable to interfere with the external interference in the formation of the government, which the protesters are satisfied with in the squares of Iraqi cities, was considered after the "Blue Lightning" operation to solve the chronic problem in choosing the government since (2003), but does the American side stop interfering, so that there is no Excuse the other powers to interfere ?!We do not think so. The Americans consider themselves to be the midwife who gave birth to this system, and there is no one to compete with it for interference in its affairs, and with the conflict between the Americans and the Iranians, in more than one Arab capital, the two found the land of Iraq a field of fencing, and its spark was the bombing of the American base near Kirkuk (Ki One), by the "Hezbollah" brigades, and the American missile attack on the battalion camp, then the attack on the American embassy, and the "Blue Lightning" operation. This happened, and Iraq is still run by a caretaker government, and the necks are taken to a transitional government, the Islamic external influence is no longer strong in its formation, so who comes after Qasim Soleimani, to manage the Iraqi file, does not occupy his position so quickly, experience has accumulated him, the Islamists do not consider it interference Rather, this is what is imposed by religious belief, which transcends the boundaries of geography, while others consider it, which is the uprisings, as foreign interference!However, the problem is by estimating the nature of the intervention, there are those who considered "blue lightning" a blatant violation of Iraqi sovereignty, while others considered the presence of Qasim Soleimani throughout these years, also a violation of sovereignty, so "blue lightning" or striking the American base was a war between foreigners on Iraqi soil, so who Sovereignty is Requested ?! I say: Is Iraq written on the attraction of dualities: Umayyads and Abbasids, Seljuk and Poyehion, Qaraquyunlu and al-Qoyounlu, Ottoman and Safavid, to the last external and internal dualities, but the most dangerous of the dualities that he lives now, its weapon is not the sword and the gun!Abu Al-Sarri Maadan Al-Shammaiti (d. 160 AH), in the doctrinal binaries, says: “They left Iraq with a panacea / misled by the fraudster / a team that condemns the text inevitably / and a team that owes neglect” (Al-Jahiz, Kitab al-Haywan).So what will Iraq be after the "Blue Lightning" operation? Will it avoid the dualism that its parties stand firmly on its soil, or will it follow its fate with the outcome of the conflict ?
FILE - In this Sept.6, 2019 file photo, US soldiers survey the the safe zone between Syria and the Turkish border near Tal Abyad, Syria, on a joint patrol with the Tax Abyad Military Council, affiliated with the US-backed Syrian Democratic Forces.Defense Secretary Mark Esper says that under the current plan all US troops leaving Syria will go to western Iraq, and that the military will continue to conduct operations against the Islamic State group to prevent a resurgence in that country.(AP Photo / Maya Alleruzzo, File)
WASHINGTON, Jan 8, (Agencies): Iraq's outgoing prime minister said Tuesday that the United States has no alternative and must pull its troops out of the country, or else face an impending crisis.But Trump countered that it's not the right time for a pullout and that it would be the worst thing that could happen to Iraq.Trump said a US pullout would allow Iran to gain a stronger foothold in Iraq.“The people of Iraq do not want to see Iran running the country, that I can tell you,” Trump said from the White House.
Adel Abdul-Mahdi, who resigned in November amid mass anti-government protests, said Iraq wants a US troop withdrawal to avoid further escalation as tensions soar between American and Iran.His comments came just days after a US airstrike killed Iran's top general at Baghdad's international airport.
Abu Mahdi al-Muhandis, senior Iraqi commander of an Iran-backed militia, was also killed in Friday's strike.His remains were brought back to Iraq from Iran to be buried in the holy southern city of Najaf.“We have no exit but this, otherwise we are speeding toward confrontation,” Abdul-Mahdi said in a prerecorded televised speech following a weekly Cabinet meeting.He said the “historic decision” was necessary, “otherwise we will not be taken seriously.”
US troops are present in Iraq based on a request by the government in 2014, when vast swathes of the country were being overrun by the Islamic State group.But now that IS has been largely defeated, Abdul-Mahdi said, the mission has devolved into a USIran proxy war.
Trump said he wants US troops out of Iraq - eventually.“At some point we want to get out, but this isn't the right point,” Trump said.Trump also reiterated that he still expects the United States to be reimbursed for some of its expenses, though he did not specify a price tag.
“We've spent a tremendous amount of money on building airports and building one of the largest embassies we have in the world.And we want to be reimbursed to the various costs that we have had.
They're very signifi-cant, ”Trump said.Iraqi President Barham Saleh called anew Wednesday for ridding the region from military confrontations and to keep the Iraqis away from any new confl icts.Saleh, in a statement, condemned the Iranian missile attack on military bases in Anbar and Irbil, and rejected the repeated violations of Iraqi sovereignty as well as transforming Iraq into a battle zone.
Iraq, he said, has announced rejection to being a launch-pad for attacks on any country or to pose a threat to its neighbors.Saleh said Iraqi security and sovereignty should be preserved in line with international and bilateral agreements.Deployment of coalition forces in Iraq is in accordance with agreements between Baghdad and countries making this coalition, he said, and their presence was an internal matter.Saleh called on all parties to exercise restraint and to work towards dialogue.
Two rockets landed in the Green Zone in central Baghdad, and the American embassy sirens sounded.
Al-Mayadeen correspondent in Iraq reported that two rockets landed in the Green Zone in central Baghdad. Warning sirens sounded in the Green Zone and the US embassy. An Iraqi security source told Al-Mayadeen that one of the rockets fell between a building under construction for the Council of Ministers and a lake near the American embassy.
Kauaihn Iraq Articles:dd
Saudi Deputy Minister of Defense: The Kingdom will do everything in its power to spare the people of Iraq the danger of war
Saudi Deputy Minister of Defense Prince Khalid bin Salman confirmed that the Kingdom and its leadership stand with Iraq and will do everything in its power to spare it the danger of war and conflict between external parties. Prince Khalid bin Salman said in a tweet on his account on Twitter: "The Kingdom and its leadership always stand with brotherly Iraq and its dear people and will do everything in its power to spare it the danger of war and conflict between external parties and that its noble people live in prosperity after what they have suffered from the scourge in the past."
For his part, the Saudi Minister of State for Foreign Affairs, Adel Al-Jubeir, said that Saudi Arabia views the situation in Iraq with interest and concern, and is working to keep this fraternal country away from the slides of fighting and war.
Al-Jubeir added in a tweet on Twitter: "The kingdom will stand with Iraq to bypass everything that threatens its securityd
Iraq to Summon Iranian Ambassador over Missile Attack
Iraq's Ministry of Foreign Affairs has rejected Iran's missile attack on the US bases in Anbar province and Kurdistan Region's capital Erbil, planning to summon the country's ambassador over the incident.
"The foreign ministry rejects these attacks and considers them a violation of Iraq’s sovereignty," it said in a statement, as quoted by Asharq al-Awsat.
It further stressed that "Iraq is an independent state and that its internal security is its priority. We will not allow it to become a battlefield. The foreign ministry will summon Iran’s ambassador and convey this to him."
In retaliation to the killing of the commander of Iran's elite Quds Force, Qassem Soleimani, Iran on Wednesday early morning fired over 20 missiles at the US bases in Iraq and the Kurdistan Region, which resulted in no casualties.
Earlier the day both Iraqi President Barham Salih and Parliament Speaker Mohammed al-Halbusi denounced the missile attack.
Iraqi cleric Muqtada al-Sadr tells pro-Iran armed groups 'the crisis is over'
Iran's supreme leader calls missile attacks targeting US bases in Iraq a 'slap in the face' but warns it's not enough;Trey Yingst reports from Baghdad.
AnIraqiShia clericand politician whoblasted President Trumpthis week said "the crisis is over" following Iranian airstrikes against US troops in Iraq, a sign thatIran-backed forces are looking to de-escalate tensions betweenWashingtonand Tehran.
Muqtada al-Sadr issued the statement via Twitter, saying Iraqi militias should not start military action, while asking the groups to restrain extremist rhetoric within their ranks, theMilitary Timesreported.
He also asked the Iraqi lawmakers to form a government in 15 days.Al-Sadr, who is known for his anti-US stance, led a resistance against American troops during the Iraq War.His Mahdi army engaged coalition forces in some of the most fierce battles of the conflict.
In addition to al-Sadr, the Iran-backed Iraqi militia Kata'ib Hezbollah said, "Passions must be avoided" to acheive its goal of expelling American troops from Iraq, according to a statement to its followers.The message was translated and posted by the SITE Intelligence Group, the Times said.
Kata'ib Hezbollah is believed to be behind a rocket attack on a military compound that killed an American defense contractor last month.Tensions have flared in recent days after a US drone strike killed Iran Quds Force commanderGen.Qassem Soleimaniin Baghdad last week
Saqr Baghdad is heading to dismantle an unassailable missile in the green
A security source said, on Thursday, that a team from the Baghdad Falcon went to the Green Zone to dismantle an unexploded missile inside the Green.
On Thursday, the Security Media Cell announced that two Katyusha rockets had landed, "inside the Green Zone without any casualties. The cell said in a brief statement received by "Al-Akhbaria" that "two Katyusha rockets landed inside the Green Zone without causing casualties." Indicating that "the details will be announced later." A security source said that a missile landed between a building under construction for the Council of Ministers and a lake near the American embassy.
France recommends its citizens not to travel to Iran
Baghdad / newsletter: The French Foreign Ministry has advised its citizens after traveling to the security situation due to the tense situation after the killing of the commander of the Quds Force of the Iranian Revolutionary Guards, Qassem Soleimani, after a US raid targeting him in Baghdad last Friday. The French Foreign Ministry said on its website today: "Because of the severe security situation in the region, France stresses its citizens not to visit Iran," adding: "We demand from citizens who are currently in Iran who cannot leave the country to exercise the utmost caution and take the necessary precautions for their security." It also called on the French citizens in Iran to avoid gathering places and limit movement and inform the French embassy in Iran of their situation. Tensions between Washington and Tehran escalated, after the Pentagon announced, at dawn last Friday, an air strike near Baghdad International Airport, which killed the commander of the Quds Force, Qassem Soleimani, in addition to Abu Mahdi al-Muhandis, deputy head of the Iraqi Popular Mobilization Authority, And others, while Tehran announced that it would respond harshly to the assassination. And accuses Washington of Soleimani, who was putting it on its terrorism list, responsible for many of the attacks that killed American people and preparing for more of those attacks.d
Kauaihn Economic Times:
ECONOMIC TIMES / CHATTER
FOR TWITTER ACCT
Just send a text message from your cell phone to:
40404 (may have to add 40404 as a contact first) Then send a message that says: Follow @FactsnOpinion1 and you will join their twitter feed and instantly get the doc. You do NOT have to join twitter to get tweets
10 Things to Know for TodayGet ready for Wednesday, January 8th with a few things to know about the day’s news from The Associated Press Read in ABC News:https://apple.news/ApePYihi-T9ezkU6ijdzHEQ
The decision to give to charity is often made hurriedly at the end of the year for business taxpayers and investors as they combine their impulse to give with a desire to generate a tax benefit. However, it's a decision that needs careful consideration.
Small-business owners, entrepreneurs and investors can make a difference and impact the world for good by donating to charity. But it's important that they check with their tax advisor before doing so in order to maximize the tax-saving potential of their donations.
Any major contribution should be cleared first with their tax advisor. The tax advisor can verify that a donation to a particular group or organization qualifies for a tax deduction. Many taxpayers understand that they can deduct donations to a nonprofit 501(c)(3), but they may not know that there are other organizations that also qualify.While not a factor in the business entity decision, there are differences between a C corporation and an S corporation in the charitable deduction realm.
While a C corporation can only deduct 10 percent of its income, an owner of an S corporation that does not take the standard deduction can deduct up to 60 percent of their adjusted gross income for cash contributions.
For non-cash donations, the deduction limit is 30 percent. And corporations on the accrual method of accounting may elect to have a charitable contribution treated as paid during the taxable year, if payment is actually made on or before the 15th day of the third month following the close of the taxable year.
Private foundations are the answer for many taxpayers, both individual and business, that want to make a contribution and get a deduction but don't yet know where to donate: They're an intermediary between the donor and the eventual donee.
A private foundation is a separately identified fund or account that is maintained and operated as a 501(c)(3) organization. The funds donated to the account are typically invested for tax-free growth, and the donor can direct the donation to any charity that qualifies under the IRS guidelines.
The reason private foundations are so effective is that the donor has control over where and when the funds are donated. They can make a contribution in one year to the private foundation and get the charitable contribution deduction, and then make the actual donation in the following year.
Private foundations can be formed with a small investment.
COMMODITIES/ENERGY
Sibanye Gold: Still A Buy Following Massive Rally SBGL is up 125% in the past six months supported by surging palladium and platinum prices along with an overall bullish environment for precious metals miners. We think the stock still has value as it trades at a discount to peers by some valuation metrics. Firming profitability, declining leverage, and the potential for a dividend initiation in 2020 support a positive outlook.
The West-East Ebb And Flood Of Gold For many decades there is a pattern of physical gold moving from the Western part of the world to the East and back, in sync with the price. The West-East ebb and flood pattern holds that physical gold migrates from the West to the East when the gold price declines, and from the East to the West when the price of gold rises. What causes this pattern is that gold trades more like a currency than a commodity and that in the past decades, the West has mainly set the price.
Gold prices fight for 10th gain in a row as the U.S. dollar rebounds Gold futures are little changed on Tuesday after the commodity marked the highest settlement since April of 2013 on Monday, as investors weighed the prospects for further escalation in Mideast tensions.
Gold Prices Gain More Than 1% Amid Intensifying U.S.-Iran ConflictCommodities Jan 08, 2020 04:17 GMTInvesting.com- Gold prices gained more than 1% on Wednesday in Asia amid intensifying U.S.-Iran conflict. Gold Futures for February delivery on New York’s COMEX traded 1.1% higher to $1,592.05 per ounce by11:17 PM ET(03:17 GMT). The yellow metal is now near its high level since 2013, with some analysts saying the market seems set on a near-term high of $1,600. The gains followed new of an Iranian attack on military facilities in Iraq hosting American troops,
Oil Prices Up After Iran Attacks Two U.S.-Iraqi Airbases, Sparking More ConflictsCommodities Jan 08, 2020 03:37 GMTInvesting.com- Oil prices jumped on Wednesday in Asia after Iran attacked two U.S.-Iraqi airbases in response to a U.S. airstrike that killed a top Iranian general last week, sparking worries of intensifying conflict in the Middle East. Overnight, the Pentagon said missile strikes were launched from Iran and targeted the Ayn al-Asad base in western Iraq and another facility in Erbil. U.S. Crude Oil WTI Futures surged 1.3% to $63.53 by10:27 PM ET(04:27 GMT),
Oil prices pulls back from multimonth high as traders assess Mideast conflict Oil prices on Monday headed lower, retreating from multimonth gains as fears of an immediate response to the U.S. killing an Iranian general last that could disrupt Middle East crude supplies subsided.
Oil Prices Fall Despite Continuing U.S.-Iran Conflict Commodities Jan 07, 2020 04:49 GMTInvesting.com- Oil prices retreated on Tuesday in Asia despite continuing tension between the U.S. and Iran. U.S. Crude Oil WTI Futures dropped 1.1% to $62.59 by11:40 PM ET(03:40 GMT). International Brent Oil Futures also fell 1.1% to $68.12. Oil prices surged on Monday following the news that a U.S. airstrike killed a top Iranian general, sparking an escalation in conflict between the two countries. On Monday, the U.S. has ordered more troops to the Middle
Platinum: A Compelling Opportunity In 2020, Focusing On PPLT The key driver for a rise in the price of platinum. Currency devaluation is a global issue. Politics around the globe point to higher precious metals prices. The Fed is frozen: Bullish for precious metals. Some investors are watching, most are not.
Natural Gas: Upside Potential Remains Limited Until Cold Across The East U.S. Proves To Be More Convincing Cold West U.S. vs. mild East U.S. pattern set up over the next couple of weeks. Forecast models diverge in the 10-15 day. Most of the weather support is still in favor of the bears.
Oil traders fear supply disruptions in the Middle East Elevated U.S.-Iran tensions will most likely result in an unplanned oil supply shortage in the Middle East, energy analysts told CNBC.
Commodity strategists: 3 reasons why gold could rally for the rest of the year A combination of continued geopolitical risk, a weaker dollar and negative real rates would continue gold's rally through 2020, commodity strategists anticipate.
China Loses Third Bank in Three Months as Economy Hits 30-Year Low China’s economic growth continues to slow down, causing a number of banks to close due to difficult conditions. Hengfeng bank has become the latest to shut its doors. China’s economy has been making headlines in the last few months, and not for good reasons. The country has just experienced its third bank failure within three months, as its economic growth continues to diminish. In fact, China’s economic growth is reaching levels that have not been seen in over 30 years. Judging by its
Goldman Sachs Unveils Reporting Changes Ahead of Q4 Earnings and First-Ever Investor Conference Goldman CEO David Solomon hinted at plans to overhaul the venerable investment bank Tuesday with a new corporate reporting structure that comes just weeks ahead of its first-even investor day conference later this month. Goldman Sachs (GS) shares edged higher Tuesday after the investment bank unveiled a shift in the way it publishes quarterly earnings ahead of its first-ever investor day conference later this month. Goldman said its new earnings structure will focus on four business units:
Monetary Authority of Singapore Has 21 Aspiring Fintechs Apply for 5 Digital Bank Licenses The Monetary Authority of Singapore (MAS) has seen 21 different entities apply for a digital-only bank license. MAS had set a deadline for applications of December 31, 2019. MAS is offering just 5 different digital bank licenses. These licenses include two digital full bank (DFB)... Read More The post Monetary Authority of Singapore Has 21 Aspiring Fintechs Apply for 5 Digital Bank Licenses appeared first on Crowdfund Insider.
Deutsche Bank: The End Of Ambition Halfway through the first serious equity trading session of 2020 the share price of Deutsche Bank is 7.051, a decline of 2.74% on the day and not so far off the three-year low of 5.921 booked on June 3, 2019.
Afreximbank tops Africa capital markets league tables The African Export-Import Bank (Afreximbank) has emerged on top of the Bloomberg 2019 Africa Capital Markets League Table as the leading bookrunner in Africa. The 2019 Africa Capital Markets League Tables released today by Bloomberg showed that Afreximbank was the top bookrunner for Africa borrower loans, ahead of Mitsubishi UFJ Financial Group Inc. and Standard Chartered Bank. Afreximbank recorded a loan transaction volume of over $2.79 billion or 8.7 per cent of the market share while
OpenMarkets Weekly: The Roaring '20s Ahead? 2019 turned out to be a historic year, with gains for the S&P 500 at nearly 30% and gains for the Nasdaq at 35%. Moving forward, what should we expect in 2020? Jack Bouroudjian looks at the most recent quarter, year and decade and offers his thoughts on what it could mean for the year ahead.
U.S. stocks hover less than 1% from records as Wall Street tries to shake off Middle East worries U.S. stocks on Tuesday are seen opening little changed as investors assess the prospects for a conflict between Iranian and American forces, with a firm comeback late in the previous session suggesting that investors are willing to look beyond anxieties about Middle East tensions and buy stocks.
Treasury yields edge lower as economic data draws attention over U.S.-Iran tension Treasury yields tick lower on Tuesday as traders look past the Trump administration’s spat with Iran in the Middle East and eye the latest snapshot of the U.S. services sector
Wall Street market analysts see deeper sell-off ahead Geopolitical shocks have historically led to sharp pullbacks, with the S&P 500 declining 6% or even suffering a correction, analysts say.
Investing.com- Markets are regaining some poise following sharp moves overnight after Iran's attack on U.S.-led forces in Iraq fueled fears that the strikes would lead to an escalation in the standoff between Washington and Tehran.
Will Litecoin Initiate Another Bullish Breakout For Bitcoin? -Bitcoinist.com Last year’s crypto rally which began in April was largely the catalyzed by a major move from Litecoin. Technical signals are now turning bullish for LTC again, so will it repeat the move and boost bitcoin in the process? Litecoin Turning Bullish Litcoin was one of the biggest movers in the first half of 2019. The crypto asset surged 380% from $30 to max out at $145 in a pre-halving pump. It was widely reported that Litecoin was the catalyst for the industry wide rally that followed in Q2. The
3 Reasons Why Bitcoin Just Cranked Back to $8,000 -Bitcoinist.comBitcoin and crypto markets have been on a roll over the past 24 hours. It has been the largest move of the year so far adding $12 billion to total market capitalization as bitcoin price touches $8,000 again, but what has caused it? The total crypto market cap has just hit a five-week high of $212 billion. Late November was the last time markets were this bullish but the following month saw them decline to a December 18 low of $175 billion. Since the beginning of the year, crypto-asset markets
No, bitcoin is not the new goldBitcoin bulls like to claim that bitcoin is a great haven investment, like gold, in times of geopolitical uncertainty. "These people ignore all the times that it moves inversely with sentiment," says Oanda's Craig Erlam. "Bitcoin is not gold and certainly not gold 2.0," he said. Watch gold trade live here. Watch bitcoin trade live here. Visit Business Insider for more stories. Bitcoin bulls like to claim that bitcoin is a great haven investment, like gold, in times of geopolitical uncertainty.
Bitcoin Price Rallies 5.5% to $8K – Is $8.2K the Next Stop?On Monday during the U.S. evening trading session, Bitcoin (BTC) price continued its rally from $7,358 and at the time of writing the price pushed as high as $8,000. For the past week, traders have been closely watching to see if Bitcoin could flip $7,450 from a resistance to support and many suggested that sustained move above $7,600 would open the door for a shot at the $8,000 to $8,200 range. The 4-hour close above $7,600 pulled the price above the 50-day moving average (MA) and provided
Law Enforcement Requests to Kraken Hit All-Time-High, Up 49% in 2019Law enforcement requests to cryptocurrency exchange Kraken hit their highest ever volume in 2019, rising 49% to 710 as compared with 475 the previous year. The data was revealed in a tweet from the exchange on Jan. 6, which included a snapshot taken from the new 2019 Transparency Report from Kraken’s compliance team. Screenshot, 2019 Global Law Enforcement Requests. Source: @krakenfx American, British and Danish agencies the most proactive As the snapshot reveals, Kraken received a total of 710
Major South Korean Crypto Exchange Bithumb Launches R&D CenterSouth Korean cryptocurrency exchange Bithumb has established its own research and development (R&D) center. According to an announcement on Jan. 6, the initiative makes Bithumb the first company with a blockchain and cryptocurrency research center in South Korea. Bithumb expressed high hopes for the research center’s impact on the company: “Bithumb will become a leading company in the blockchain and cryptocurrency ecosystem by strengthening its own R&D capabilities.” The center’s purpose The new
Litecoin ‘Largest Miner Capitulation’ Great News for Bitcoin — AnalystBitcoin (BTC) could have its bull market induced by Litecoin (LTC) as the latter enters a bullish renaissance, noted statistician Willy Woo has forecast. In a series of tweets on Jan. 6, Woo, well known in crypto circles as the creator of data resource Woobull, highlighted an upturn in Litecoin’s fortunes in recent weeks. Woo: Litecoin difficulty “in recovery” Specifically, it is the altcoin’s mining difficulty that has begun rising once more after more than six months of decline. The difficulty
Court Denies SEC Request to Make Telegram Reveal ICO Bank RecordsThe District Court for the Southern District of New York has denied a request by the United States’ securities regulator to make Telegram reveal its bank records. According to a Jan. 6 court order signed by Judge P. Kevin Caste, the court has denied an application by the U.S. Securities and Exchange Commission (SEC) to “compel the production of defendant’s bank records.” Telegram must prove that its bank records comply with data privacy laws The new court decision refers to a Jan. 2 application
SBI, GMO Reportedly Sign Deal with Operator of World’s Largest Bitcoin Mining SiteThe operator of what is set to become the world’s largest Bitcoin (BTC) mining facility has reportedly signed a deal with Japanese financial services giant SBI and internet provider GMO. A Jan. 7 BNN Bloomberg report claims that the two Japanese mega-firms have agreed in principle to process cryptocurrency transactions at a new mining facility — of unprecedented scale — now being developed in Rockdale, Texas. The facility will be operated by Whinstone Inc., a subsidiary of the Frankfurt-based
Geopolitical Angst Eases, Helps Equities And Underpins The GreenbackAll the equity markets in the Asia-Pacific region rallied today, led by a 1.6% rally in Japan and a nearly 1.4% advance in Australia, with the exception of Taiwan. Europe is also recouping much of what was lost over the past two sessions, and US shares are trading firmly. The dollar is trading higher against nearly all the major currencies, with the Antipodean currencies the heaviest. Among emerging market currencies, Asia is faring the best, with the Chinese yuan the strongest currency in the
Forex - U.S. Dollar Slips Despite Upbeat Data; Yen Up Amid Middle East ConflictForex Jan 08, 2020 04:58 GMTInvesting.com- The U.S. dollar gave up some of its gains overnight on Wednesday in Asia following the release of better-than-expected non-manufacturing data. The U.S. dollar index that tracks the greenback against a basket of other currencies slipped 0.1% to 96.660 by11:59 PM ET(03:59 GMT). ISM nonmanufacturing data for December showed a reading of 55, beating forecasts of 54.5. The services sector is a critical component of the U.S. economy, accounting for
The US dollar may have had a bumpy 2019 but don’t expect it to simply go downhill from hereThe US dollar broadly struggled on the currency markets in late 2019. Many feel it could weaken further in 2020. But the idea that the greenback just heads lower over the coming 12 months may prove too simplistic. The currency markets are rarely…
AUD/CAD: Downside Risks Outweigh Upside PotentialThe AUD/CAD pair has risen recently, but still remains within its short-term trading range (noticeable on a daily candlestick chart). Speculators are still bearish on the pair, although short positioning is no longer as extreme as it was in 2019. Given the negative interest rate differential on the AUD/CAD pair and the near-term risk of Australia lowering rates further, the optimism apparently still priced into the bond market seems inappropriate. As gold is an important export for Australia and
Forex - Yen Loses Early Luster as Fears EaseForex Jan 08, 2020 10:25 GMTInvesting.com- The Japanese yen was the early beneficiary of Iran’s decision to fire several missiles at military bases in Iraq which were hosting U.S. troops. Investors chose this currency as a safe haven in case this move represented a dramatic escalation of the recent tensions in the region. The yen soared to a three month high against the U.S. dollar, with USD/JPY falling as low as Y107.64, before rebounding as investors breathed a sigh of relief that no further
Africa: Breakthrough Device Revolutionises Ebola Patient Treatment During Outbreaks A Congolese clinician's frustration at being unable to give Ebola patients the quality of care they deserved has led to a ground-breaking innovation which revolutionises the treatment of patients with highly infectious diseases in areas with few resources. When Dr. Richard Kojan, an intensive care unit (ICU) specialist, went to Guinea during the 2014 Ebola oubreak, he was forced to work in hot and cumbersome protective clothing which looked like a spacesuit, isolating him from his patients and
You can swap or drop your Medicare Advantage Plan if you don't like itAnyone enrolled in an Advantage Plan should be aware that the Medicare program allows beneficiaries to choose different coverage one time during a three-month window that closesMarch 31.
More than a third of U.S. healthcare costs go to bureaucracy(Reuters Health) - U.S. insurers and providers spent more than $800 billion in 2017 on administration, or nearly $2,500 per person - more than four times the per-capita administrative costs in Canada's single-payer system, a new study finds.
Low-cost prosthesis gives Brazil cancer survivor a new faceAfter losing her right eye and part of her jaw to cancer, a Brazilian woman is getting a new face thanks to a digitally-engineered prosthesis.
Hospital charges surge over last 2 decades, especially in the ERThe rates charged by hospitals — especially for emergency department care — have skyrocketed over the last two decades, according to a new study in Health Affairs.
The Americans dying because they can't afford medical careMillions of Americans – as many as 25% of the population – are delaying getting medical help because of skyrocketing costs Susan Finley returned to her job at a Walmart retail store in Grand Junction, Colorado, after having to call in sick because she was recovering from pneumonia. The day she returned, the 53-year-old received her ten year associate award – and was simultaneously laid off, according to her family. She had taken off one day beyond what is permitted by Walmart’s attendance policy
U.S. Manufacturing Is Still Contracting The U.S. December Manufacturing PMI was still in contraction territory. This is the 5th consecutive month that U.S. manufacturing has contracted. The U.S. economy continues to grow on the strength of non-manufacturing industries. Tariffs and trade wars are seemingly impacting U.S. manufacturing.
ISM Non-Manufacturing Index Shows StrengthEconomic Indicators Jan 07, 2020 14:52 GMTInvesting.com- The ISM Non-Manufacturing PMI Index registered growth in December, with the Composite Index coming in at 55.0 Tuesday, a four-month high, versus the expected 54.5 and 53.9 the previous month. The index is released during the first week of the year and has become a key judge of the strength of the U.S. economy. The service sector has become a major driver of growth in recent months given the slowdown in the manufacturing sector amid the
Heading For A Slowdown: 2020 U.S. Economic Outlook In 2019, we maintained that recession risks were low. But slower GDP growth in 2020 may leave the economy more susceptible to shocks or surprises. After a period of above-trend GDP growth, we expect U.S. growth to slow down in 2020.
US trade deficit falls to lowest level since Trump took office The U.S. trade deficit fell more than expected in November ahead of negotiations with China that cooled the simmering tariff battle between the two sides.
U.S. trade deficit sinks 8% to 3-year low of $43.1 billion in November amid China trade war The trade deficit fell sharply in November for the second month in a row and sank to the lowest level in three years, reflecting a decline in Chinese imports and the reemergence of the U.S. as an energy superpower. The trade gap dropped 8.2% to $43.1 billion.
Iran attacks Iraqi bases housing U.S. troops in retaliation for top general’s deathIran fired a number of missiles at two Iraqi bases housing US troops Wednesday in retaliation for the American strike that killed a top Iranian general last week. The early morning attack presents President Donald Trump with the biggest test of his presidency to date.
BRIC Manufacturing PMIs Q4 2019 Brazil's 4Q 2019 Manufacturing PMIs averaged 51.8, statistically unchanged on 3Q 2019 figure of 51.9. Russia posted its second consecutive quarter of recessionary growth readings for the manufacturing sector, with quarterly average PMI slipping to 46.8 in 4Q 2019, down from 48.2 in 3Q 2019, making 4Q contraction the sharpest since 2Q 2009. China manufacturing PMI surprised to the upside in the last quarter of 2019, rising from 50.6 in 3Q 2019 (a reading statistically indistinguishable from zero
GRAPHIC-Oil price gains turn up the heat on emerging market oil importers Oil prices topping $70 a barrel due to rising geopolitical tensions are piling the pressure on emerging market crude consumers such as South Africa, Turkey and India, already struggling to boost their fragile economic growth.
Funds will continue to move into emerging markets: BNP Paribas Investors have been looking for a way to diversify into assets other than U.S. stocks and the escalation in Middle East tensions won't slow down the movement of funds into emerging Asia, says Paul Sandhu of BNP Paribas Asset Management.
German family-held firms: In Russia we trust | DW |07.01.2020 Despite current political tensions and frequent concerns over the rule of law, a number of emerging economies have recently been able to enhance their attractiveness vis-a-vis German family-run businesses, a new survey by the Leibniz Center for European Economic Research (ZEW) bears out. The study says that many emerging nations have increased their efforts to become more attractive to foreign small- and medium-sized businesses across Germany. Nobody is perfect According to ZEW's most recent
3 Great Funds for New ETF Investors QQQ is one of the best funds for new ETF investors, particularly those on the younger side with long time horizons, because it offers broad-based, cost-effective exposure to many storied communication services and technology companies.
Emerging markets contribute to better growth in the market: Expert Brandywine Global Fixed Income portfolio manager Jack McIntyre says emerging markets will add a lot of capital to the market in 2020.
Indian markets could perform well in 2020, CEO says Andrew Holland of Avendus Capital Public Markets Alternate Strategies says Indian markets will be "dragged up" because of capital coming into emerging markets in 2020. He also weighs in on what to expect from India's budget.
Equity Outlook: Between Optimism And A Hard Place In 2020 Global stock markets rallied in 2019, defying political and macroeconomic uncertainty. Will investors be as fortunate in 2020? Since many risks remain, maintaining style diversity and finding investing themes that are detached from volatility drivers will be important ingredients for equity allocations. There are real dangers that cannot be ignored. At the same time, stronger growth, more loose monetary policy and fiscal easing could set the stage for another solid year for stocks.
Stampede at funeral procession for Iranian commander leaves scores dead At least 40 people died and more than 200 were injured in a stampede at a funeral procession for Maj. Gen. Qassem Soleimani, as Iranian authorities struggled to manage the large crowds rallying against the U.S.’s targeted killing of the powerful military leader.
Semiofficial Iranian news agencies say 40 killed, 213 injured in stampede at funeral for general killed by US airstrike Semiofficial Iranian news agencies say 40 killed, 213 injured in stampede at funeral for general killed by US airstrike
US issues warning to ships across Mideast waterways of 'possibility of Iranian action against US maritime interests' US issues warning to ships across Mideast waterways of 'possibility of Iranian action against US maritime interests'
Benjamin Netanyahu distances Israel from strike on General Soleimani Netanyahu told ministers during a Monday meeting that Israel should 'stay out of' any conflict sparked by the killing of General Qassem Soleimani because 'it is a US event, not an Israeli event.'
How Israel is responding to the Iran missile attack on US troops in IraqIran struck back at the United States on Tuesday for the killing of its top general Qasem Soleimani, launching more than a dozen ballistic missiles at two coalition airbases in Iraq where U.S. troops are stationed. NBC's Matt Bradley reports from Tel Aviv on the latest.
Syria's state news agency says Russian President Vladimir Putin is in Damascus, met President Bashar Assad Syria's state news agency says Russian President Vladimir Putin is in Damascus, met President Bashar Assad
Russian president visits Syria, meets officials Russian President Vladimir Putin visited Syria on Tuesday and met officials including President Assad, state media reported
Zimbabwe's largest bank issues US$80.6M bondsZimbabwe’s largest bank CBZ has launched two bond issues, seeking to raise US$80,6 million to finance maize and soyabean farming, as the country faces another drought that could worsen an already dire economic situation. The United Nations warned last week that the southern African nation faced a second successive poor harvest this year because of patchy rains, compounding problems for millions of people already grappling with last year’s drought and the worst economic crisis in a decade. CBZ
Zimbabwe: MDC to Launch Sustained Mass Action Mutare Movement for Democratic Change leader Nelson Chamisa says the opposition political outfit will launch a sustained mass action to bring the ZANU PF led government to its knees. MDC leader Chamisa made cryptic remarks addressing his supporters in Manicaland that the party would call on the masses to express their displeasure with government if the option of political dialogue fails to bear fruits. Party insiders said these remarks were indicative of an internal plan that is brewing in the
Zimbabwe: Mutare City Courts Chinese Investors Mutare City Council has roped in the Chinese investors in its drive to set up a special economic zone project to boost industry and production as the city moves to take advantage of its proximity to the nearest seaport in Beira as well as diamond fields in Chiadzwa. The special economic zone will be centered around diamond polishing and cutting centre. Council management engaged the Chinese investors under the banner of National Development and Reform Commission of China (NRDC) with the deal
Zimbabwe: Govt Approves Insurance Deal Against Climate Change Government through Finance and Economic Development Minister, Professor Muthuli Ncube, approved the signing of the Insurance Policy Agreement and a Memorandum of Understanding between Africa Risk Capacity Limited (ARC Ltd) and the World Food Programme. Information Media and Broadcasting Services minister, Monica Mutsvangwa said these are continued efforts by the government to improve food security in the face of climate change. "The African Risk Capacity Agency seeks to provide participating
Libya: Turkey Starts Military Deployment in Libya as International Pressure Rises Turkish President Recep Tayyip Erdogan declared Monday that Turkish forces would do their duty in Libya after being deployed to support the country's besieged Government of National Accord. On Sunday, Erdogan confirmed the start of a military deployment to Libya. "There will be an operation center [in Libya]. There will be a Turkish lieutenant general leading, and they will be managing the situation over there. [Turkish soldiers] are gradually moving there right now," said Erdogan. "The goal of
Tanzania: New Multi-Billion Project to Ease Water Demand in Zanzibar PRESIDENT Ali Mohamed Shein yesterday launched a multibillion water project in Urban West region, condemning thieves of the precious liquid. "It's against the rules and it defies wisdom for people to connect water to their homes, illegally," Dr Shein said, insisting that water remains a free product in Zanzibar but citizens have to just pay peanuts to sustain services. The Revolutionary Council Chairman said the government was investing heavily in clean and safe water projects and adamant that
US-listed Chinese new-economy companies are mulling secondary flotations in Hong Kong after watching Alibaba’s shares soar, says China RenaissanceMore US-listed Chinese companies belonging to the new economy are mulling a potential secondary listing in Hong Kong or China, prompted by the strong performance of Alibaba since its debut on the Hong Kong bourse in November, according to bankers at China…
Chinese coastguard ships sail as tensions with Indonesia buildTwo Chinese coastguard ships left Fiery Cross Reef in the disputed South China Sea and sailed in the direction of the Indonesia-controlled Natuna Regency islands on Monday, amid renewed tensions between Beijing and Jakarta. One of the two ships, CCG 35111…
Chinese military hints at plans for airborne laser attack weaponChina could be developing the capability to attach a new laser weapon to its planes, after its military revealed plans to buy such equipment. Notices titled “procurement plan for airborne laser attack pod” and “price inquiry on procurement plan for…
Wuhan pneumonia: Hong Kong takes tougher precautions with more powers to investigate suspected casesHong Kong is taking tougher precautions against a mystery viral pneumonia in central China, laying the legal groundwork to put patients under quarantine if necessary and making it mandatory for doctors to notify the authorities of any suspected cases in…
France wants a solution for US dispute on digital tax within 15 daysFrance and the United States have given themselves 15 days to settle a dispute over the taxation of digital companies, French Finance Minister Bruno Le Maire said Tuesday.
Europe can no longer help save Iran's nuclear deal, strategists say With hostility between Iran and the U.S. running high, questions have arisen over whether European nations will stand by the pact, or side with the U.S.
Eurozone inflation rate hits 6-month high of 1.3%Inflation across the 19-country eurozone spiked to a six-month high in December due to steady and widespread price increases, official figures showed Tuesday.
France calls on Britain to be flexible in post-Brexit talksFrench President Emmanuel Macron said Tuesday that Britain will need to show flexibility in negotiations that will follow the country's departure from the European Unionon Jan. 31
EU says its relationship with the UK will never be the same post-BrexitThe EU is ready to negotiate a zero-tariff trade deal with the United Kingdom but the relationship between the two sides will never be the same, the European Commission President said Wednesday at an event in London. Read in CNBC:https://apple.news/AM_kAOv_-QIaLl_xm4uRomw
1-8-2020 Dinar Guru Breaking News President Trump had a press conference earlier today about the Iran situation in Iraq [above video]. Trump said he doesn't want any more suffering in the region and is hopeful for a peaceful relationship with Iran. He wants Iran and the Iranian people to become prosperous and peaceful members of the world and calls on the biggest nations of the world to help support that mission. Stay tuned as the gurus chime in on this breaking situation. The latest guru posts will continue below....
1-8-2020 Newshound/Intel Guru Francis Albert ...I know one thing for sure....The IMF and the Dollar Inc. FED etc. all Central Banks are run by the same crowd. They hang together talk and sit with one another.If these people want Iraq to go forward with monetary reform, as ALL evidence suggest. IMF can do what they want, and in the paperwork that has a check mark on "Is currency in compliance for 18 months? " They can check Yes, and who is going to say anything to argue the check mark.Remember in finance and Geo Politics...nothing...nothing is as it seems.
1-8-2020 Intel Guru Bruce [via WiserNow] ...the soft start; if you will, the RV, GCR started ...(Monday)– The President spoke with Steve Mnuchin and said let’s do this – let’s get this thing started - let’s get it going...so this thing is started and there’s no turning back– Now, we...are looking for our notifications to come out...the redemption centers...are also on alert...so, where we are – is very very close...
1-8-2020 Newshound/Intel Guru Mnt Goat WOW! Lots going on this past period in Iraq...millions of casual news consumers began this week believing that over the weekend, Iraq expelled the U.S. military from their country...The U.S. military is not currently under any order to leave Iraq... This is not as bad as it may seem on the surface... Now maybe Iraq can really get down to business of rebuilding their country and economy...We all need to sit and relax and watch this play out.
1-8-2020 Intel Guru MarkZ [via PDK] Redemption Centers are still staffed and ready to go.We are at a heightened state…They are ready and expectant. I still cannot be more positive at where we are at. We are in a beautiful, beautiful spot.
1-8-2020 Newshound/Intel Guru tman23 I’m more enthusiastic now then ever before, IMO Iran was an issue because the question being was...How can you back the IQD when the assets are always under the threat? Iran lost their 3 top military leaders and as I posted as told Hadr Ameri was picked up “arrested” by US military...there has been nothing in print yet to confirm but a very good source...so after last night it shows Iran is in a turmoil mess ...SIMPLY PUT, everything is far better in positioning then it was...AND I PUT ZERO STOCK IN MAINTAINING THE 2%...rules change and that one is not engraved in stone.
1-8-2020 Intel Guru MarkZ[Are redemption centers regular banks or places set up for this?] I hear that in larger cities there are place set up specifically for this to handle volume and keep pressure off the banks. But, in smaller, rural areas they will use banks.
1-8-2020Newshound Guru Adam MontanaThings are craAazZZYyy over there right now... nothing that I see at the moment is killing any chance of an RV. But it's also really hard to stay on top of actual Dinar News with the current situation.I'm watching it like a hawk though!
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)
Prime Minister Adel Abdul-Mahdi receives the German and French ambassadors
Prime Minister Adel Abdul-Mahdi received, today, Wednesday, the German and French ambassadors to Iraq, and during the meeting they discussed the developments of the crisis between the Islamic Republic of Iran and the United States of America and its serious repercussions on global peace and security, and affirmed the need to work on calm and avoid escalation and the pursuit of all states, especially The European Union, in turn, is to support Iraq, defuse the crisis and spare the world the scourge of war.
The Prime Minister clarified the positive role of Iraq in its regional and international surroundings, its position on the current crisis, its refusal to violate its sovereignty, its vision for peace and the removal of the dangers of war from the countries of the region and the world, and the need for cooperation in order to achieve calm, and to preserve the security, stability, and sovereignty of states and to preserve their interests.
Media office of the Prime Minister
January 8, 2020
***************
ARTICLE 1-B (from PM Mahdi's website (posted only on Arabic side, not on English side)
Prime Minister Adel Abdul-Mahdi receives a phone call from His Majesty King Abdullah bin Al-Hussein
Prime Minister Adel Abdul-Mahdi received a phone call from the King of the Hashemite Kingdom of Jordan, His Majesty King Abdullah bin Al-Hussein, in which he stressed the depth of relations between the two brotherly countries and his solidarity with Iraq, his government and his people in facing challenges and his support for his security, stability and national sovereignty, and the importance of consultation and cooperation to keep the danger of war out of peoples The countries of the region in order to achieve peace and avoid further escalation and tension, His Majesty expressed his understanding of the difficulties experienced by Iraq and his willingness to make all efforts to defuse the crisis, calm and prevent war.
The Prime Minister expressed his pride in the relations and joint cooperation between the two neighboring neighboring countries and thanked him for the Kingdom's supportive stances in Iraq, and stressed that the Iraqi government is doing everything it can to bring peace and stability to the region and contribute effectively to calm efforts and defuse the current crisis.
Media office of the Prime Minister
January 8, 2020
***************
ARTICLE 1-C (from PM Mahdi's website; posted only on Arabic side, not on English side)
Statement
In the Name of God, the Most Gracious, the Most Merciful
Shortly after midnight on Wednesday 8/1/2020, we received an official oral message from the Islamic Republic of Iran that the Iranian response to the assassination of the martyr Qassem Soleimani had begun or would begin shortly, and that the strike would be limited to the whereabouts of the US military in Iraq without To locate them. And at the exact same time, the American side called us and the missiles were falling on the wing of the American forces at Ein al-Assad bases in Anbar and Harir in Arbil and in other locations ... Of course we had alerted as soon as we received the news of the attack the Iraqi military leaders to take the necessary precautions. We have not received any casualties so far on the Iraqi side, and we have not officially received the losses on the side of the coalition forces. And Mr. Commander in Chief has continued to follow developments from the beginning of the attack until this hour and is making the necessary internal and external contacts in an attempt to contain the situation and not engage in open warfare, Iraq and the region will be among the first victims. And Iraq refuses any violation of its sovereignty and attacks on its lands, the government continues its efforts to prevent escalation and respect for all of the sovereignty of Iraq and not to overlook it and not to endanger its people. This serious crisis threatening the region and the world with a devastating and all-out war.
Official spokesman for the Commander-in-Chief of the Armed Forces
January 8, 2020
*************
ARTICLE 2 (from Government of Iraq twitter account)
“Iraq rejects any
violation of its sovereignty and condemns all attacks on its land. The
@IraqiGovt continues its efforts to prevent escalation and
invites all parties to exercise self-restraint” says PM @AdilAbdAlMahdi - read the full statement
here:
Iraq rejects all attacks on its lands
08 Jan 2020 - 4:29 pm
Following yesterday’s event and recent developments, Prime Minister Adil Abd Al-Mahdi keeps monitoring the situation in Iraq and the region.
The Prime Minister is engaging with domestic and international parties in order to contain the situation and reduce the risk of a conflict which could lead to a devastating war threatening Iraq, the region and the world. “Iraq and the region will be the first victims of such a war” says Prime Minister Adil Abd Al-Mahdi.
The Prime Minister also urges all parties involved to respect international law. The Iraqi government will continue its efforts to prevent escalation and invites all parties to exercise self-restraint. Iraq rejects any violation of its sovereignty and condemns all attacks on its land.
The Iraqi government will continue safeguarding Iraq’s sovereignty and will take all the necessary measures to ensure the safety and security of all Iraqis.
*************
ARTICLE 3
European Union: Iraq may not be a victim of the wars of others
1/8/2020 22:09
"Iraq does not deserve to fall victim to the wars of others," the European Union ambassador to Iraq Martin Hoth said, calling for calm and restraint.
He wrote in a tweet on Twitter: "Iran violates the sovereignty of Iraq by attacking the base of Ain al-Assad. This is after Iraq complained about the US violation of its sovereignty on the third of this month ... Iraq does not deserve to be a victim of the wars of others."
*************
ARTICLE 4
Sadr calls for the formation of a government within 15 days, closes all of the crowd’s headquarters, and advises the demonstrators: Stop stubbornness
1/8/2020 21:25
[Baghdad-where]
The leader of the Sadrist movement, Muqtada al-Sadr, called for the speedy formation of a "strong government within 15 days".
Al-Sadr said in a tweet to him on Twitter: "The two parties contacted the dismissed Prime Minister before the airstrike, so did he agree to implement it or not? God knows, but what concerns me now is:
Firstly, this severe crisis has occurred, especially after the speech of US President Donald Trump and the speech of the Islamic Republic.
Second: Accelerating the formation of a strong and strong government that restores its prestige and independence to Iraq in a period of no more than fifteen days and without political, parliamentary, sectarian, or ethnic polemics and by presenting five candidates with integrity and experience so that a final candidate is chosen to form an interim government that oversees early elections and other matters We mentioned earlier, and it was enough of recklessness from some political blocs and enough stubbornness from the demonstrators and wasting Iraq, because these violations were not repeated in the future from any of the neighboring countries or from the great evil of America.
Third: The relentless pursuit to end the presence of the occupier, restrain its control and increasing influence, and its interference in Iraqi affairs, so our patience is almost implemented for the many foreign interventions that do not take into account the interests of Iraq. "
Fourth: I call on the Iraqi factions to be patient and patient, not to start military action and to silence the voice of militancy from some of the disciplines until all political, parliamentary and international methods are exhausted.
Fifth: I recommend closing all headquarters of the PMF so that it is not a target for global arrogance, especially if our decision becomes military resistance with the occupier in the event he refuses to go out and exhaust all political methods.
*************
ARTICLE 5
Iraq begins depositing money with China and increasing its oil exports to it
1/8/2020 19:54
[Baghdad-where]
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, said that Iraq started working on two vital projects in the oil and energy sectors within the agreement signed with the Chinese side.
Saleh said in a dialogue held in cooperation with the Iraqi Economic and Political Center, that "the agreement entered into force as of the first of October and since the beginning of this year, nearly half a billion dollars has entered the balance of the sovereign account of Iraq with China."
He pointed out that "these revenues result from exporting 100 thousand barrels per day and will be spent to finance infrastructure projects in Iraq."
The financial advisor emphasized that "Iraq started work on two projects within the Chinese agreement, namely; building a project for a thermal power station in northern Baghdad with a capacity of 1400 megawatts and a project for strategic oil storage in southern Iraq."
He pointed out that the agreement with China extends for 20 years to rebuild dilapidated infrastructure in Iraq.
And Saleh continued that Iraq is likely to raise its oil exports to China to 300 thousand barrels per day instead of 100 thousand b / d if he sees his interest as necessary.
On September 23, Iraq and China signed eight agreements and memoranda of understanding. The agreements and memoranda of understanding included the financial, commercial, and security fields, construction, communications, culture, education and foreign affairs.
In the forefront of the agreements and memoranda of understanding signed, the agreement to implement the framework agreement mechanisms between the Ministry of Finance and the Chinese Credit Guarantee Agency (Sainh Shore), the Economic and Technical Cooperation Agreement, and a memorandum of understanding between the Iraqi Ministry of Finance and the Chinese Ministry of Commerce on cooperation for post-war reconstruction in Iraq, and a memorandum of understanding between The Ministry of Communications and the Chinese Office of Satellite Navigation, a security memorandum of understanding between the Iraqi Ministry of Interior and General Security in China, and a memorandum of understanding between the Iraqi and Chinese foreign ministries regarding the lands designated for the two diplomatic missions , And a memorandum of understanding between the Ministry of Higher Education and the Information Office of the State Council to establish the Chinese Library at the University of Baghdad, and a memorandum of understanding on the executive program for cultural cooperation.
Government of Iraq - الحكومة العراقيةVerified account @IraqiGovt 1-8-2020 around 11 am Eastern
“Iraq rejects any violation of its sovereignty and condemns all attacks on its land. The @IraqiGovt continues its efforts to prevent escalation and invites all parties to exercise self-restraint” says PM @AdilAbdAlMahdi - read the full statement here:
No comments:
Post a Comment