Tuesday 1/28/20 Wots
Forex Rates:
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD | | | 1192.8000 | 1190.9000 | 1192.8000 | | 00:00 |
| USD/VND | | | 23152.6500 | 23152.6500 | 23152.6500 | | 01:30 |
| USD/CNY | | | 6.9354 | 6.9344 | 6.9344 | | 04:29 |
| USD/KWD | | | 0.3035 | 0.3034 | 0.3035 | | 04:36 |
| GBP/USD | | | 1.3065 | 1.3004 | 1.3053 | | 04:39 |
| USD/IRR | | | 42097.5000 | 42097.5000 | 42097.5000 | | 00:00 |
| USD/IDR | | | 13678.0000 | 13244.0000 | 13634.0000 | | 04:38 |
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DC NY Iraq Articles:dd
Legal expert: Continuing excessive violence against demonstrators will put Iraq under international guardianship
28-01-2020 01:28 PM
Baghdad / news
Legal expert, Ali al-Tamimi, stressed that the continuation of excessive violence against demonstrators would place Iraq under international guardianship.
Al-Tamimi told Al-Ikhbaria that "the condemnation by 16 countries of excessive violence against demonstrators will mark the gradual start of international sanctions with the presence of 3 countries including permanent members of the Security Council and others in the European Union. It is noted that these countries from all continents and this may constitute a pressure on The United Nations to submit the matter to the Security Council, as the violence violates Articles 2 and 19 of the Universal Declaration of Human Rights and Article 22 of the Charter of the International Covenant, signed by Iraq.
He explained that "the continuation of this repression, especially after condemnation by Amnesty International, Human Rights Watch and Iraq, exposes Iraq to the sanctions stipulated in Articles 39 to 51 of the Charter of the United Nations, which begin and warn and end with the international trusteeship."
He added, "These crimes do not drop by statute of limitations and do not exempt superiors from criminal responsibility in accordance with articles 48 of the Penal Code, 24 of the Military Penal Code and 52 of the Internal Security Forces law ... Iraqi ... and they do not fall out of statute of limitations or the lapse of time according to Article 28 of the Criminal Court Law." International. "
And it shows that "this is genocide, according to the 1948 Genocide Prevention Agreement signed by Iraq. In addition, it will attack the embassies according to the 1961 diplomatic relations and embassy protection agreement."
Iraq: Abdul-Mahdi and Pompeo discuss the fate of foreign forces and the protection of the American embassy
28/01/2020 two hours ago
The conversation between Abdul-Mahdi and Pompeo comes amid calls by several Iraqi parties to withdraw American forces (Reuters-Archive)
Caretaker Prime Minister Adel Abdul-Mahdi and US Secretary of State Mike Pompeo discussed the situation of foreign forces in Iraq, in light of demands to withdraw them, and the security of the American embassy in Baghdad after a new missile attack on it.
The office of Abdul-Mahdi said that Pompeo expressed - during a phone call that took place between them yesterday evening - his country's readiness to conduct serious discussions on the presence of foreign forces and cooperation to achieve Iraqi sovereignty.
The statement added that Abdul-Mahdi promised to reinforce the Iraqi forces responsible for protecting the US embassy in Baghdad.
For its part, the US State Department said that the Minister affirmed during the call his country's readiness to discuss the scope of the American forces' presence in Iraq over time.
After the assassination of the Quds Force commander, Qassem Soleimani, and the second man in the Iraqi popular crowd, Abu Mahdi Al-Muhandis, in a US raid in Baghdad early this month, the Iraqi parliament adopted a resolution authorizing the government to withdraw foreign forces, including more than 5,200 American forces.
Abdul-Mahdi himself also asked Washington to put in place mechanisms to withdraw its forces from Iraq, and President Donald Trump responded by threatening the Iraqis with sanctions that included billions of dollars in damages if they insisted on expelling the US forces in a humiliating manner.
For its part, the US Department of Defense said in the middle of this month that it had no plans to withdraw its soldiers from there. d
America announces a shocking decision to Iraq
2020/01/28 03:17:28
Shafaq News / A spokesman for the US Air Force announced the suspension of all shipments of American weapons and ammunition to the Iraqi security forces.
In an email to the US Department of Defense, spokesman Bryan Perkins said that the shipments include parts and missiles for the Iraq fleet of F-16s, adding in his letter, seen inside Inside Defense, that delivery of weapons will resume when conditions in Iraq are safe enough.
The news portal added that the handover will return again "when the environment in Iraq is safe enough to resume." The last shipment was delivered on November 14.
A $ 1.8 billion deal was signed in May 2016 on Sidewinder missiles, Maverick missiles, and other weapons for Iraq.
In an email to the US Department of Defense, spokesman Bryan Perkins said that the shipments include parts and missiles for the Iraq fleet of F-16s, adding in his letter, seen inside Inside Defense, that delivery of weapons will resume when conditions in Iraq are safe enough.
The news portal added that the handover will return again "when the environment in Iraq is safe enough to resume." The last shipment was delivered on November 14.
A $ 1.8 billion deal was signed in May 2016 on Sidewinder missiles, Maverick missiles, and other weapons for Iraq.
Kurdistan President Condemns Attack on US Embassy in Baghdad
BasNews 28/01/2020
Kurdistan Region President Nechirvan Barzani has condemned the rocket attack on the US embassy in Baghdad, saying that the diplomatic buildings in the country must be protected.
Barzani's statement came one day after five rockets targeted the Green Zone in Baghdad, one of them reportedly burned down the canteen of the US embassy.
The Kurdish president argued that such attacks will result in serious damage to Iraq's interests and stability in the country.
He also made it clear that the international law should not be violated, and that no foreign diplomats should be harmed.
Meanwhile, Barzani said, Iraq cannot be a battleground for regional and international parties.
Aversion of Iraqis and Lebanese from foreign interference
Last update: Tuesday 28 January 2020
The popular protests in Iraq and Lebanon clearly targeted corruption and the deterioration of economic conditions, but another factor that we must not ignore is the widespread frustration with the role that allied militias of Iran play in both countries. The concern of the Lebanese and Iraqis about the exploitation of sectarian groups from abroad to achieve regional ambitions, and this concern in itself is considered a new development.
In my 2013 book entitled Looking at Iran, I mentioned the rise and fall of Iran's image in Arab public opinion. Our polls at the "Zogby Research Center" concluded that while Iran had very large support rates in 2006 in every Arab country in which we conducted a survey, the approval rating ranged between 65% and 85%. But these positive numbers slipped in the following six years to less than 40% in every Arab country except Iraq and Lebanon, as support rates in both countries remained high at around 60%. Since then, the declining track of Arab tendencies in general towards Iran has continued, but this has been accompanied by an additional development. In our 2019 survey of Arab public opinion, we found that the Lebanese and Iraqis are now concerned about Iran.
And let's take a look behind the numbers. In 2006 and early 2008, Iran was well placed in the Arab world. The American invasion of Iraq and the Israeli attack on Lebanon not only led to anger throughout the Arab world, but these developments also provided Iran with an opportunity to support its position in facing the West. The Iranians claimed that the other Arab countries did not stand up to the United States and Israel. This rise in the Arab world to support Iran began to erode in 2008, when Hezbollah, its ally in Lebanon, resorted to arms in its dispute with its local Lebanese opponents. Iran appears to have become more interested in supporting sectarian conflict to serve its interests.
Then, high support rates for Iran in the Arab world began to decline a few years later, when Iran supported President Bashar al-Assad in the Syrian civil war and recruited sectarian militias from across the region in the fighting to support the Syrian regime. Even under these circumstances, the Iraqi and Lebanese attitudes toward Iran remained positive, partly because the wounds caused by the United States in Iraq and the Israeli violations in Lebanon were a greater threat than Iranian interference.
In the following years, support rates for Iran continued to decline throughout the Arab world, with Tehran increasingly appearing in events in Iraq, Syria, Lebanon and Yemen. When Iranian leaders boasted of their influence in several Arab capitals, the Arab public began to view Iran as a troubling intruder serving its interests rather than supporting the resistance.
By 2018, with the exception of Iraq and Lebanon, the highest rate of support for Iran in any Arab country in which polls were conducted was 20%, and that was in Jordan, down from 70% in 2006. The lowest rate of support was in Egypt, at less than 5%. However, support rates for Iran in Lebanon and Iraq remained at 60%.
One of the somewhat worrying results in these polls is the apparent sectarian divide in attitudes toward Iran in countries with large proportions of Sunnis and Shiites that can be measured. This, of course, is responsible for the much higher support rates that Iran obtained in Lebanon and Iraq, but a similar division has been observed in some Gulf countries.
When we conducted our poll in 2019, we noticed a marked change in attitudes towards Iran in Lebanon and Iraq. We asked respondents to identify areas of Iranian policy that are of concern to them, and arrange the importance of these areas for them. The respondents mentioned nine areas, and nearly six out of ten Lebanese indicated Iran's interference in their country as the most worrisome. Seven out of ten Iraqis indicated that they were concerned about Iran's involvement in their country. More importantly, nearly half of the Iraqi Shiites and a third of the Lebanese Shiites were among those who agreed that their greatest concern about Iran was its interference in their country's affairs.
Therefore, it is not surprising that Iran became one of the targets of the protesters' anger when massive protests erupted in Iraq and Lebanon. This does not reduce the dissatisfaction of the protesters with the deteriorating economic situation. Our opinion polls in the two countries showed the public’s deep dissatisfaction with their current conditions and even their weak hope for changing these conditions in the future. This new frustration with Iran does not mean that the Lebanese and the Iraqis now feel that they are closer to the United States. The best tendencies towards the United States in both countries can be described as “lukewarm,” but this means that the time has passed when Iran and its allies could work without Fear of negative repercussions. When the pro-Iranian militias were mobilized to attack protesters in Lebanon or to shoot in Iraq, Iran's list of priorities became clear, which could end its influence in both countries.
In my 2013 book entitled Looking at Iran, I mentioned the rise and fall of Iran's image in Arab public opinion. Our polls at the "Zogby Research Center" concluded that while Iran had very large support rates in 2006 in every Arab country in which we conducted a survey, the approval rating ranged between 65% and 85%. But these positive numbers slipped in the following six years to less than 40% in every Arab country except Iraq and Lebanon, as support rates in both countries remained high at around 60%. Since then, the declining track of Arab tendencies in general towards Iran has continued, but this has been accompanied by an additional development. In our 2019 survey of Arab public opinion, we found that the Lebanese and Iraqis are now concerned about Iran.
And let's take a look behind the numbers. In 2006 and early 2008, Iran was well placed in the Arab world. The American invasion of Iraq and the Israeli attack on Lebanon not only led to anger throughout the Arab world, but these developments also provided Iran with an opportunity to support its position in facing the West. The Iranians claimed that the other Arab countries did not stand up to the United States and Israel. This rise in the Arab world to support Iran began to erode in 2008, when Hezbollah, its ally in Lebanon, resorted to arms in its dispute with its local Lebanese opponents. Iran appears to have become more interested in supporting sectarian conflict to serve its interests.
Then, high support rates for Iran in the Arab world began to decline a few years later, when Iran supported President Bashar al-Assad in the Syrian civil war and recruited sectarian militias from across the region in the fighting to support the Syrian regime. Even under these circumstances, the Iraqi and Lebanese attitudes toward Iran remained positive, partly because the wounds caused by the United States in Iraq and the Israeli violations in Lebanon were a greater threat than Iranian interference.
In the following years, support rates for Iran continued to decline throughout the Arab world, with Tehran increasingly appearing in events in Iraq, Syria, Lebanon and Yemen. When Iranian leaders boasted of their influence in several Arab capitals, the Arab public began to view Iran as a troubling intruder serving its interests rather than supporting the resistance.
By 2018, with the exception of Iraq and Lebanon, the highest rate of support for Iran in any Arab country in which polls were conducted was 20%, and that was in Jordan, down from 70% in 2006. The lowest rate of support was in Egypt, at less than 5%. However, support rates for Iran in Lebanon and Iraq remained at 60%.
One of the somewhat worrying results in these polls is the apparent sectarian divide in attitudes toward Iran in countries with large proportions of Sunnis and Shiites that can be measured. This, of course, is responsible for the much higher support rates that Iran obtained in Lebanon and Iraq, but a similar division has been observed in some Gulf countries.
When we conducted our poll in 2019, we noticed a marked change in attitudes towards Iran in Lebanon and Iraq. We asked respondents to identify areas of Iranian policy that are of concern to them, and arrange the importance of these areas for them. The respondents mentioned nine areas, and nearly six out of ten Lebanese indicated Iran's interference in their country as the most worrisome. Seven out of ten Iraqis indicated that they were concerned about Iran's involvement in their country. More importantly, nearly half of the Iraqi Shiites and a third of the Lebanese Shiites were among those who agreed that their greatest concern about Iran was its interference in their country's affairs.
Therefore, it is not surprising that Iran became one of the targets of the protesters' anger when massive protests erupted in Iraq and Lebanon. This does not reduce the dissatisfaction of the protesters with the deteriorating economic situation. Our opinion polls in the two countries showed the public’s deep dissatisfaction with their current conditions and even their weak hope for changing these conditions in the future. This new frustration with Iran does not mean that the Lebanese and the Iraqis now feel that they are closer to the United States. The best tendencies towards the United States in both countries can be described as “lukewarm,” but this means that the time has passed when Iran and its allies could work without Fear of negative repercussions. When the pro-Iranian militias were mobilized to attack protesters in Lebanon or to shoot in Iraq, Iran's list of priorities became clear, which could end its influence in both countries.
The protesters of Iraq are back to setting up their tents ... and 2 people have been shot dead by unknown persons
Iraqi demonstrators have re-installed their tents that were burned across Iraq, in an attempt to continue the momentum of their protests amid fears of an escalation following a missile attack on the American embassy in Baghdad, while two demonstrators were shot dead by unidentified gunmen in Nasiriyah, and 75 protesters were injured in clashes with the police.
The protesters are calling for early elections under a new electoral law, for an independent prime minister and for accountability of corrupt officials and those who have ordered the use of violence against the protesters.
Unidentified gunmen in the four-wheel drive cars stormed and burned the tents of the protesters in Al-Haboubi Square in the center of Nasiriyah, and these gunmen opened fire on the protesters and burned their tents, which turned into rubble, killing two protesters.
Police and a medical source said that at least 75 protesters were wounded, most of them by live bullets, in the Nasiriyah clashes. The police fired tear gas at the protesters, and protesters stormed a police station and set fire to at least five cars that were parked inside before they left, and protesters in Nasiriyah also began to Building brick structures after unidentified gunmen burned their tents.
To that, the Iraqi Ministry of Foreign Affairs expressed its categorical rejection, and its denunciation of what it described as the "aggression" that targeted the United States Embassy the night before yesterday, and the ministry said in a statement: "While the Ministry stresses its disapproval of this violent act condemned by law and custom affirms It is most keen on preserving the sanctity of all diplomatic missions operating in Iraq, in compliance with the provisions of the Vienna Agreement to regulate diplomatic relations between countries of the world, and in the interest of bilateral relations, and to care for the mutual interests of all ».
The US embassy in Baghdad was hit by five Katyusha rockets, one of which landed on the embassy building, wounding several people whose numbers and nationalities were not specified, and the United States called on Iraq to protect American diplomatic facilities.
A spokesperson for the US State Department said in a statement: “We call on the government of Iraq to fulfill its obligations to protect our diplomatic facilities. Since last September, more than 14 attacks by Iran and Iranian-backed militias against American personnel have occurred in Iraq, and the security situation remains tense, and armed groups backed by Iran is a threat. Therefore, we remain vigilant. ”
Anti-government activists fear that the conflict between Iran and the United States will end their protest movement, which is the largest popular protest in Iraq in decades.
Kauaihn Iraq Articles:dd
Zimbabwe resorts to selling its gold to a Gulf country to save its economy
2020-01-28
Shafaq News / Zimbabwe, which is subject to Western sanctions and China refuses to provide aid, has turned to the Arab Gulf states in an attempt to find another way to stop the economic decline in the country, according to "Bloomberg" agency.
The agency quoted government officials familiar with the state's plan that Zimbabwe was considering selling a stake in the national oil company to the United Arab Emirates, and also wanted to sell more gold to it.
President Emerson Mananagua said earlier that Emirati investors will build solar power stations in Zimbabwe, after the UAE opened an embassy in the African country last year, and after Dubai's contribution to the relief efforts that followed the devastating hurricane in 2019.
Zimbabwe's economy is suffering hard, and is likely to post a contraction of more than 6% last year, according to government estimates, while half of the country's population needs food aid.
And inflation increased in the African country to more than 500%, and the value of its currency fell more than 90% against the dollar after the elimination of the link between the two currencies in February last year.
And Zimbabwe is looking to sell a stake of up to 25% of the country's National Oil Infrastructure Company, which owns warehouses for storage in Mozambique in addition to other local sites, as well as gas stations and a pipeline to transport oil products.
Iraq makes $ 7 billion in revenue from selling oil in a month
2020/01/28 05:08:20
Shafaq News / The Ministry of Oil announced on Tuesday the total oil exports and revenues accrued for the month of December 2019.
According to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), the exports of crude oil reached (106) million and (265) thousand and (346) barrels, with revenues amounting to (6) billion and (697) million and (622). ) one thousand dollars.
A spokesman for the Oil Ministry, Asim Jihad, said that the total quantities exported of crude oil for the month of December last from the oil fields in central and southern Iraq amounted to (103) million and (90) thousand and (550) barrels, with revenues amounting to (6) billion and (499) One million and (447) thousand dollars.
He added that the quantities exported from Kirkuk oil through the port of Ceyhan were (2) million and (827) thousand and (50) barrels, with revenues amounting to (180) million and (431) thousand and (210) dollars, while the quantities exported through Al-Samoud refinery To Jordan (347) thousand and (746) barrels, with revenues amounting to (17) million and (743) thousand and (778) dollars.
Jihad explained that the average price per barrel was (63,027) dollars.
He pointed out that the quantities exported were loaded by (37) international companies of various nationalities, from the ports of Basra, Khor Al-Amaya, and unilateral buoys on the Gulf and the Turkish port of Ceyhan.
Iraq's Caretaker PM Emphasizes on De-escalation in the Region
Iraq's caretaker PM Adil Abdul Mahdi discussed the recent developments in the country with US Secretary of State Mike Pompeo in a phone call on Monday.
Abdul Mahdi's office said in a statement that the Iraqi leader also condemned Sunday's rocket attack on the US embassy in Baghdad.
The pair also shed light on the bilateral ties between Baghdad and Washington, the press release added.
However, Abdul Mahdi further stressed on the importance of respecting Iraq's sovereignty by all countries.
At least five rockets fell inside the Green Zone in Baghdad on Sunday night, one of which targeted the canteen of the US embassy.
Turkish Warplanes Shell Kurdistan Border Areas
Turkish warplanes on Monday shelled the Kurdistan Region border areas, allegedly targeting the positions of the Kurdistan Workers' Party (PKK) in the region.
Confirming to BasNews, Shaban Khalil, head of local administration of Dinarta, a town in Kurdistan Region's Duhok province, said that there were civilians in the area when the Turkish fighter jets bombarded the village.
He further explained that civilian had visited their village, and that the fate of a few of them is not known yet.
Turkish aircrafts on Sunday carried out similar attacks in three other villages in Akre district of Duhok province.
Turkey views the PKK as a "terrorist organization", it therefore frequently conduct bombardments in the Kurdistan Region's border areas.
A deputy reveals a "major operation" of the international coalition in Iraq: Iran surrenders
2020/01/28
Shafaq News / Member of Parliament Faik Sheikh Ali revealed today, Monday, a "major operation" for the international coalition in Iraq.
"There are a lot of idiots (donkeys) in the world of politics, but there are no stupid and red people from the ruling militias in Iraq," Sheikh Ali said on Twitter.
He added that "Iran surrenders to the international community, and the countries of the free world issue a statement condemning their crimes and violations, the international coalition is preparing for a major operation in Iraq, and the Jay-Ventis militia is like a mouse!"
Urgent: The United States calls on Iraq to protect its embassy after the missile attack
28-01-2020 02:45 AM
Baghdad / newsletter:
On Monday, the US State Department confirmed its reporting of missile strikes in the Green Zone in Baghdad.
The Foreign Ministry said in a statement that it "urges Iraq to protect its embassy in Baghdad after the recent missile strikes."
She added, "She calls for caution in Baghdad because of the threats of militias loyal to Tehran," noting that she "is in the process of being informed of reports of missiles falling in the Green Zone in Baghdad."
She added, "She calls for caution in Baghdad because of the threats of militias loyal to Tehran," noting that she "is in the process of being informed of reports of missiles falling in the Green Zone in Baghdad."
The security situation remains tense and the armed groups supported by Iran remain a threat, so we are always vigilant," she added.
CNN reported, quoting an American official, that one of the Katyusha rockets that were fired Sunday at the Green Zone in the Iraqi capital, Baghdad, fell on the dining hall in the US embassy complex.
The Washington Examiner newspaper quoted Pentagon officials as saying that three Katyusha rockets landed inside the embassy compound, while about five other missiles fell in its vicinity. Quoting the officials, she added that the missile injured a number of people.
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GLOBAL/NEWS/INFO
This Day in History, January 27, 2020
Among the events that happened on this day in history, Coca-Cola announced business plans in the Soviet Union
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Among the events that happened on this day in history, Coca-Cola announced business plans in the Soviet Union
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10 things you need to know today: January 27, 2020
Kobe Bryant dies in a helicopter crash, Bolton's book draft reportedly says Trump tied Ukrain...
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Kobe Bryant dies in a helicopter crash, Bolton's book draft reportedly says Trump tied Ukrain...
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Good Morning from CNN
https://mailchi.mp/cnn/theres-
Here's when your tax return could spark IRS interest
Some aspects of tax returns generate more scrutiny than others, and IRS computers are adept at weeding those out.
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Here's when your tax return could spark IRS interest
Some aspects of tax returns generate more scrutiny than others, and IRS computers are adept at weeding those out.
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COMMODITIES/ENERGY
Gold - Higher Highs On The Horizon
Higher lows and higher highs since August 2018. Rising open interest and increasing price. Price momentum in the daily chart is turning. Interest rates are not going to increase anytime soon, and central banks will keep buying gold. Junior gold mining stocks are likely to outperform - watch out of idiosyncratic risk.
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Gold gaps up, heading to retest 1611 high | Action Forex
Gold starts the week with a gap up and hits as high as 1588.51 so far. Further rise is in favor for the near term to retest 1611.37 high. At this point, we don’t rule out that case that 1611.37 is a medium term top. It could be formed after rise from 1160.17 completed a […] The post Gold gaps up, heading to retest 1611 high appeared first on Action Forex.
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The Current Pullback In Copper Is A Buying Opportunity
The trade deal with China pushes copper over the $2.80 level. A rise in LME stockpiles ignites a downside correction. Open interest rose with the price of the red metal. Volatility is low - options are not expensive. JJC for those who do not trade futures on COMEX or forwards on the LME.
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Energy & Precious Metals - Weekly Review and Calendar Ahead
Commodities Jan 26, 2020 11:58 GMT By Barani Krishnan Investing.com - The oil bears and gold bugs are back. The question is how long their host - the coronavirus - lets them stay. For weeks, WTI at above $55 and Brent at north of $65 had felt as unreal to some crude traders as the daily record highs on Wall Street. To some, of course, oil’s continued upside from 2019 was more than justified. And they may be right. Supply risks are higher now than a year ago, with OPEC+ pledging 75% more
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METALS-Copper nears 8-week low as China virus death toll touches 80
London copper prices on Monday dropped to their lowest in nearly eight weeks as concerns over the economic impact of a new coronavirus grew after the death toll in China jumped to 80. On the London Metal Exchange , prices of three-month copper, widely used as a gauge of...
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BANKS/BANKING/CREDIT
What's behind a new training push at Merrill Lynch; JPMorgan wants more UX experts; Blackstone's CEO shares his take on succession planning
Hello readers! Training may be a relatively behind-the-scenes process for the big-name companies we cover, but it's a critical part of how firms stay competitive. It also happens to be a running theme in many of our stories this week. Rebecca Ungarino spoke with Merrill Lynch head Andy Sieg, who explained how Bank of America's massive wealth arm is opening up more development resources to its 6,500 client associates. That's a big change that underscores how the full-fledged financial adviser
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AfDB president woos UK investors to take advantage of AfCFTA
The Bank’s chief argued that Africa and the UK should be significant trading partners. African Development Bank (AfDB) President Akinwumi Adesina has urged UK investors to ride the wave of the African Continental Free Trade Area (AfCFTA). “Africa is on the cusp of unmatched economic transformation, and the UK must engage in a “partnership of change,” Mr Adesina has said. Mr Adesina was speaking during a keynote address at a UK Parliamentary Symposium said that the Africa of the 21st century is
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Banks, Bitcoin, bond funds: Where is your money safe in an era of cyberattacks?
Safeguarding your nest egg is complicated in today's digital age. Where is your money protected if cybercrooks hack your account or if a bank fails?
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Bank of England Is Looking for a Cloud Build Partner to be a Part of its One Bank Service Transformation Strategy
The Bank of England (BoE) is reportedly looking for a cloud build partner, which will be a part of its One Bank Service Transformation strategy. The UK’s reserve bank notes that it is planning to work with “an experienced partner to assist in design, construction... Read More The post Bank of England Is Looking for a Cloud Build Partner to be a Part of its One Bank Service Transformation Strategy appeared first on Crowdfund Insider.
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Wells Fargo: Under The Overhang Of Previous Scandals It Remains Extremely Profitable
Wells Fargo continues to face the overhang of the scandal. The company didn't perform as well recently; however, memories fade and the company remains profitable. The company's net income continues to remain strong, and combining that with an increase in common equity ratios allows the company to return capital to shareholders. There are some risks, but for investors who invest at the current time, I expect that they'll be well rewarded.
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Bankruptcy: Why It's a Long and Torturous Road To Get There
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Changes are coming to your credit score
Your credit score could soon go down — or up.
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The five steps to clear your Christmas credit card
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TREASURIES / STOCKS / BONDS
S&P 500 Weekly Update: The Market May Be Overbought, But This Isn't 1999
Nasdaq Composite posts new highs on the back of positive earnings. "Confidence" seems to be returning to the business environment. More evidence that trade worries are off the table until the election. There are far too many comparing the present market to 1999. The real "bubble" is in the defensive areas of the market.
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We Very Likely Have Seen An Equity Market Peak As Biotech, Junk Fall Along With Bond Yields
Several impressive price developments conclude that market peaks have been seen. First was PAM member jdefp's EWP measurement of ESc1=3338.38 as 161.8 Fibonacci level, measured off the 2018 end-of-year decline. Second, fall in FedReserve repo purchases, as well as liquidity conditions described in PAM's January 23 SA article; third, Fed's balance sheet has been reduced; the trend continues to March. JNK, HYG, LABU, XBI, and Financials are also collapsing in pursuit of sharply declining bond
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Sentiment Speaks: As Fear Grips The Market, This Pullback Is Quite Important
The market struck an important target this past week in the SPX. There is still much support below this market. How the market handles the 3100 region of support will tell the story for the rest of 2020.
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Earnings extravaganza, FOMC meeting, GDP: What to know in the week ahead
Several events with market-moving potential will test markets this week.
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Bonds have done well, but 2020 may not be as kind
Economic worries last year turned out to be great news for bond investors. Interest rates fell sharply and bond prices rose as recession fears grew through the summer, resulting in the most profitable calendar year for bond fund investors since 2002. Core investments such as the Vanguard Total Bond Market Index mutual fund and the iShares Core U.S. Aggregate Bond exchange-traded fund gained nearly 9% in 2019. Investors playing it safe in high-quality short-term bonds profited, too. The 3.5% gain
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CRYPTO / DIGITAL CURRENCIES
Can Bitcoin Price Hit $424,000 Sometime in Late 2021? - Bitcoinist.com
YouTube bitcoin and crypto price analyst Benjamin Cowen yesterday released a new video examining the BTC 20-week moving average (20MA) as a macro-level market indicator. What does it say? Bitcoin Price: Support or Resistance Based on historical data, when the 20MA is acting as support for BTC price, Bitcoin has tended to be in an extended bull market. Conversely, the times that 20MA has acted as resistance against the upward movement in Bitcoin price, have been during bear markets. In the last
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YouTube bitcoin and crypto price analyst Benjamin Cowen yesterday released a new video examining the BTC 20-week moving average (20MA) as a macro-level market indicator. What does it say? Bitcoin Price: Support or Resistance Based on historical data, when the 20MA is acting as support for BTC price, Bitcoin has tended to be in an extended bull market. Conversely, the times that 20MA has acted as resistance against the upward movement in Bitcoin price, have been during bear markets. In the last
Read in Bitcoinist.net: https://apple.news/
Bitcoin, ETH, XRP, And LTC Rally Fades: What's Next?
Bitcoin to outperform ETH and LTC--Technical Analyst
Read in Forbes: https://apple.news/
Bitcoin to outperform ETH and LTC--Technical Analyst
Read in Forbes: https://apple.news/
Blockchain and 5G: Greatest Promise Is to Transform the Developing World
The biggest topic in the mobile industry over the last few years has been 5G. In an industry that has been starved for innovation in this interregnum between the launch of the iPhone and the full-scale integration of next-generation technologies like augmented reality, artificial intelligence and blockchain, the introduction of the 5G network has become a sort of catch-all for carriers and handset manufacturers to lean on as the promise of the future of innovation being just around the corner —
Read in Cointelegraph: https://apple.news/Ab_
The biggest topic in the mobile industry over the last few years has been 5G. In an industry that has been starved for innovation in this interregnum between the launch of the iPhone and the full-scale integration of next-generation technologies like augmented reality, artificial intelligence and blockchain, the introduction of the 5G network has become a sort of catch-all for carriers and handset manufacturers to lean on as the promise of the future of innovation being just around the corner —
Read in Cointelegraph: https://apple.news/Ab_
Financial Institutions Use Stablecoins to Shake Things Up in 2020
For most people, the word “stablecoin” brings to mind cryptocurrencies like Tether or Libra. However, there are many versions of stablecoins — ranging from those that are backed by fiat money to those that are backed by real assets or even other digital currencies. Simply put, a stablecoin’s main aim is to solve the problem of volatility by being a digital asset that is tied to another asset with a stable value. The new year is already turning out to be an exciting time for stablecoins as
Read in Cointelegraph: https://apple.news/
For most people, the word “stablecoin” brings to mind cryptocurrencies like Tether or Libra. However, there are many versions of stablecoins — ranging from those that are backed by fiat money to those that are backed by real assets or even other digital currencies. Simply put, a stablecoin’s main aim is to solve the problem of volatility by being a digital asset that is tied to another asset with a stable value. The new year is already turning out to be an exciting time for stablecoins as
Read in Cointelegraph: https://apple.news/
Cryptocurrency News From Japan: Jan. 20–24 in Review
This week’s headlines from Japan include several central banks collaborating on digital currency research, Binance removing the Japanese yen from its platform, Japan’s Liberal Democratic Party investigating digital assets, comments from Japan’s Deputy Prime Minister on digital currency research importance, and Coincheck paying out its first Lisk staking reward. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. Japanese political party
Read in Cointelegraph: https://apple.news/AXLVe6mt5S-
This week’s headlines from Japan include several central banks collaborating on digital currency research, Binance removing the Japanese yen from its platform, Japan’s Liberal Democratic Party investigating digital assets, comments from Japan’s Deputy Prime Minister on digital currency research importance, and Coincheck paying out its first Lisk staking reward. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. Japanese political party
Read in Cointelegraph: https://apple.news/AXLVe6mt5S-
Crypto and Blockchain Firms Pitch In to Help Coronavirus Victims
Some blockchain and cryptocurrency firms have pledged to help victims of the coronavirus in Wuhan, China. Cryptocurrency exchange Binance pledged to donate 10 million Chinese yuan ($1.44 million) to the effort. In a tweet on Jan. 25, Binance CEO Changpeng Zhao said that Binance made the pledge but did not make any announcements after a Twitter user tagged him in a news article about cryptocurrency donations being accepted for the cause: “For #Wuhan, not realistic to do crypto to end
Read in Cointelegraph: https://apple.news/A3_
Some blockchain and cryptocurrency firms have pledged to help victims of the coronavirus in Wuhan, China. Cryptocurrency exchange Binance pledged to donate 10 million Chinese yuan ($1.44 million) to the effort. In a tweet on Jan. 25, Binance CEO Changpeng Zhao said that Binance made the pledge but did not make any announcements after a Twitter user tagged him in a news article about cryptocurrency donations being accepted for the cause: “For #Wuhan, not realistic to do crypto to end
Read in Cointelegraph: https://apple.news/A3_
BIS Survey Suggests That Developing Economies Could Issue Digital Currencies
The report states that EMEs are “driven by stronger motivations than those of advanced economy central banks. Central banks representing a fifth of the world’s population say they are likely to issue the first CBDCs in the next few years.”
Read in Forbes: https://apple.news/A__E-
The report states that EMEs are “driven by stronger motivations than those of advanced economy central banks. Central banks representing a fifth of the world’s population say they are likely to issue the first CBDCs in the next few years.”
Read in Forbes: https://apple.news/A__E-
A Stronger Foundation for Bitcoin ETF Applications
One of the recurring themes in the digital asset markets across 2018 and 2019 has been the failure of multiple Bitcoin (BTC) exchange-traded fund (ETF) applications to gain the approval of the United States Securities and Exchange Commission. Each new application was met with anticipation, only to be dismissed for the same reason: concern over how the ETF would derive its price, whether this price could be manipulated, and if the listing exchange could adequately meet section 6(b)(5) of the
Read in Cointelegraph: https://apple.news/
One of the recurring themes in the digital asset markets across 2018 and 2019 has been the failure of multiple Bitcoin (BTC) exchange-traded fund (ETF) applications to gain the approval of the United States Securities and Exchange Commission. Each new application was met with anticipation, only to be dismissed for the same reason: concern over how the ETF would derive its price, whether this price could be manipulated, and if the listing exchange could adequately meet section 6(b)(5) of the
Read in Cointelegraph: https://apple.news/
CURRENCIES
UK launches coin to mark Brexit... again
A commemorative Brexit coin has been unveiled by Britain's finance minister Sajid Javid as the UK prepares to leave the European Union on Friday.
Read in CNN: https://apple.news/
EUR/JPY: Downside Still In Favor
EUR/JPY has traditionally been viewed as a risk-on currency pair, correlating positively with global risk-taking. However, the euro has in recent times acquired a negative carrying value against almost all major currencies (the Swiss franc being a notable exception). This has meant that the market can now view the euro as both a riskier currency and a funding currency; an odd combination, if viewed from a more conventional perspective. Yet as euro crosses remain mostly "underwater" from the
Read in Seeking Alpha: https://apple.news/AjOSupfS_
Bulgaria on path to adopt euro in 2023 -IMF's Georgieva
Bulgaria's plans to enter the eurozone's waiting room this spring and adopt the euro currency in 2023 are \"completely foreseeable\", the head of the International Monetary Fund said on Sunday.
Read in Reuters: https://apple.news/AayHJN-
West Africa: Is West Africa's Eco Currency Just an Echo of the Colonial Past?
(Photo: BCEAO) The decision by eight mainly Francophone West African countries to abandon the CFA currency they have used since before their independence from France has been widely trumpeted as representing the end of an epoch. But it has also been controversial. And on closer inspection it looks more symbolic than substantive. To some it seems like cutting the more obvious - but less important - neo-colonial monetary ties with Paris, but not quite letting go of the apron string that matters
Read in AllAfrica: https://apple.news/
Forex: Yen Rallies on Virus Fears; German Ifo Eyed
Forex Jan 27, 2020 08:19 GMT Investing.com - The Japanese yen is in demand Monday as traders flock to the safe haven currency amid concerns over the spread of the pneumonia-like virus in China. At 03:20 ET (0820 GMT), the USD/JPY dropped 0.2% to 109.08, having fallen as low at 108.73 overnight, the lowest level since Jan. 8. The US Dollar Index Futures, which tracks the greenback against a basket of other currencies, was largely flat at 97.68. The Chinese government extended the week-long new
Read in Investing.com: https://apple.news/
Chinese Yuan in free fall on coronavirus outbreak | Action Forex
USD/CNH surges sharply as offshore Yuan is in suffering heavy selloff on China’s coronavirus outbreak. Rebound from 6.8452 is now targeting channel resistance (7.0135). Decline from 7.1953 high is seen as a corrective move, which might has completed at 6.8452 already. Sustained break of the channel resistance should confirm this case and bring retest of […] The post Chinese Yuan in free fall on coronavirus outbreak appeared first on Action Forex.
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HEALTH / SCIENCE
5 Americans now confirmed with coronavirus, CDC says
Five Americans — all who traveled in Wuhan and are now in California (2), Arizona, Washington state, and Chicago — have the novel coronavirus that's been spreading from China, the Centers from Disease Control and Prevention said Sunday.
Read in Axios: https://apple.news/
The pharmacist is out: Supermarkets close pharmacy counters
Hundreds of regional grocery stores are closing or selling struggling pharmacy counters, as consumers make fewer trips to fill prescriptions and big drugstore chains tighten their grip on the market.
Read in The Wall Street Journal: https://apple.news/A7P_
Oncology loses top spot in Series A biopharma investment, report finds
SVB's healthcare investment report for 2019 found that Series A investment in platform technology exceeded oncology, which had led since 2013. The report forecast a 10-15% decrease in overall biopharma investment for 2020.
Read in MedCity News: https://apple.news/A2TPz-S-
The power of coffee, from a scientist
By a scientist. You’re reading this with a cup of coffee in your hand, aren’t you? Coffee is the most popular drink in many parts of the world. Americans drink more coffee than soda, juice, and tea — combined. How popular is coffee? When news first broke that Prince Harry and Meghan were considering Canada as their new home, Canadian coffee giant Tim Hortons offered free coffee for life as an extra enticement. Given coffee’s popularity, it’s surprising how much confusion surrounds how this hot,
Read in Inverse: https://apple.news/
I'm an end-of-life educator. Here's what I've learned about death.
"I found my way into this unique profession the same way many hospice workers do: I was motivated by a profound personal loss and grief experience." Terri Daniel is a clinical chaplain, certified trauma professional, and end-of-life educator certified in death, dying, and bereavement by the Association of Death Education and Counseling. When her 16-year-old son died in 2006, she realized that the prevailing American imagery around death was violent and scary, so she began researching different
Read in Business Insider: https://apple.news/
3 Reasons Why You're Not Losing Weight on a Low-Carb Diet, According to a Dietitian
Low-carb diets are a popular choice for dropping pounds, and with good reason. "A low-carb diet can be an effective approach for weight loss, especially if someone's diet is high in refined grains, starch, sugar, and processed foods," said Beth Bluestone, LD, a registered dietitian with the Clevelan ...
Read in POPSUGAR: https://apple.news/
'I Was The Person Buying Detox Teas For Weight Loss. Then I Discovered The 80/20 Rule'
Gen Coco lost 50 pounds—and has a healthy Wendy's frosty recipe you'll die for.
Read in Women's Health: https://apple.news/
USA / CANADA
Mnuchin sees U.K. trade deal in 2020
The U.K. is set to finally leave the EU on Friday, opening the way for it to negotiate fresh trade deals, and the U.S. is hoping to complete a new pact within the year. "There are certain issues that perhaps they (first) need to resolve with the EU, but there are a lot of issues that can be resolved simultaneously," Treasury Secretary Steven Mnuchin declared. Annual trade in goods and services between the U.K. and U.S. is more than $230B. Roughly 20% of British exports each year go to the U.S.,
Read in Seeking Alpha: https://apple.news/AjPxqim_
Banning cashless stores in New York won't fix the city’s deeper problem
New York looks set to join the list of US cities banning cashless stores. As digital payments catch on and more places sign up to measures like these, it's worth considering what they actually accomplish. The ban in America's biggest city is meant to stop discrimination against customers who lack access to credit and debit cards,...
Read in Quartz: https://apple.news/
Economic Calendar - Top 5 Things to Watch This Week
Economy Jan 26, 2020 11:39 GMT By Noreen Burke Investing.com - Growing fears over the scope of the coronavirus outbreak are likely to keep global markets on edge this week, but a batch of closely watched tech earnings could shift investors’ attention away from the outbreak. After last week's less-than-stellar quarterly report from Netflix - the N in FAANG - Apple, Amazon and Facebook set to report their results. The Federal Reserve and the Bank of England will both hold monetary policy meetings,
Read in Investing.com: https://apple.news/ApKYiY8CSR_
Jared Kushner set to release Middle East peace plan
The Trump administration is expected to release its long-awaited Middle East peace plan on Tuesday, sources familiar with the plan tell me.
Read in Axios: https://apple.news/
EMERGING MARKETS
SARS wiped $40 billion off world markets; what will coronavirus do?
"Markets might start to react more if you start to see the coronavirus spread, particularly to the U.S.,” said one analyst.
Read in NBC News: https://apple.news/ALYhQm_
"Markets might start to react more if you start to see the coronavirus spread, particularly to the U.S.,” said one analyst.
Read in NBC News: https://apple.news/ALYhQm_
Time To Put Some Money Into Overseas Stocks
U.S. stocks have outpaced equities in both developed and emerging nations for years. But will that continue?
Read in Forbes: https://apple.news/AmKO_
U.S. stocks have outpaced equities in both developed and emerging nations for years. But will that continue?
Read in Forbes: https://apple.news/AmKO_
Stone Harbor Emerging Markets Income: Dividend Cut Is The Latest Bearish Signal
EDF is a closed-end fund that invests primarily in emerging market sovereign debt. We highlight the fund's current premium to NAV near 50% as excessive and high risk for investors should the spread converge lower. The fund just announced a cut to its monthly dividend rate, the first in its nine-year history, that could represent a catalyst for more bearish sentiment towards EDF.
Read in Seeking Alpha: https://apple.news/
EDF is a closed-end fund that invests primarily in emerging market sovereign debt. We highlight the fund's current premium to NAV near 50% as excessive and high risk for investors should the spread converge lower. The fund just announced a cut to its monthly dividend rate, the first in its nine-year history, that could represent a catalyst for more bearish sentiment towards EDF.
Read in Seeking Alpha: https://apple.news/
India, Brazil agree to boost ties in IT, biofuel and mining
India and Brazil have agreed to boost trade and investment across a range of fields such as defense, mining, biofuel, cybersecurity, food, the environment and health
Read in ABC News: https://apple.news/
India and Brazil have agreed to boost trade and investment across a range of fields such as defense, mining, biofuel, cybersecurity, food, the environment and health
Read in ABC News: https://apple.news/
Brazil's Vale raises emergency watch level for its Gongo Soco mine dam after heavy rain
Brazilian miner Vale SA has raised the emergency level at the Sul Inferior dam at its Gongo Soco mine in Bar\u00E3o de Cocais, in the southern state of Minas Gerais, after heavy rainfall eroded the structure's reservoir.
Read in Reuters: https://apple.news/
Brazilian miner Vale SA has raised the emergency level at the Sul Inferior dam at its Gongo Soco mine in Bar\u00E3o de Cocais, in the southern state of Minas Gerais, after heavy rainfall eroded the structure's reservoir.
Read in Reuters: https://apple.news/
Justice still elusive a year after Brazil's worst mining disaster
A memorial to mark one year since Brazil's worst industrial disaster, in which 270 people were killed when a dam collapsed, sending a tide of toxic waste into the city of Brumadinho. Search and rescue volunteers are still looking for the bodies that were never recovered. Al Jazeera's Manuel Rapalo reports from Brumadinho, Brazil.
Read in Al Jazeera: https://apple.news/
A memorial to mark one year since Brazil's worst industrial disaster, in which 270 people were killed when a dam collapsed, sending a tide of toxic waste into the city of Brumadinho. Search and rescue volunteers are still looking for the bodies that were never recovered. Al Jazeera's Manuel Rapalo reports from Brumadinho, Brazil.
Read in Al Jazeera: https://apple.news/
Thousands support Venezuela's Guaido at Madrid rally
Venezuela's opposition leader Juan Guaido joined thousands of supporters at a demonstration in Madrid on Saturday after arriving in Spain on the last leg of a European tour.
Read in Reuters: https://apple.news/
Venezuela's opposition leader Juan Guaido joined thousands of supporters at a demonstration in Madrid on Saturday after arriving in Spain on the last leg of a European tour.
Read in Reuters: https://apple.news/
57 state troopers head to Puerto Rico to assist in earthquake recovery efforts
Fifty-seven New Jersey state troopers are being deployed to Puerto Rico after yet another earthquake that shook the island.
Read in News 12 New Jersey: https://apple.news/
Fifty-seven New Jersey state troopers are being deployed to Puerto Rico after yet another earthquake that shook the island.
Read in News 12 New Jersey: https://apple.news/
MIDDLE EAST
US Embassy dining hall in Baghdad hit by rocket, senior US official says
The U.S. Embassy in Baghdad was struck by at least one rocket Sunday evening in the latest attack on American targets in Iraq, a senior U.S. official confirmed to Fox News. The official said all Pentagon officials are
German military resumes training troops in northern Iraq
The German military has resumed training Iraqi troops in the country's Kurdish north, about three weeks after it was suspended following the U.S. killing of a top Iranian general in Baghdad
Read in ABC News: https://apple.news/
The German military has resumed training Iraqi troops in the country's Kurdish north, about three weeks after it was suspended following the U.S. killing of a top Iranian general in Baghdad
Read in ABC News: https://apple.news/
Hundreds of thousands of protesters marched in Iraq to demand American troops leave the country
Supporters of Iraqi Shi'ite cleric Moqtada al-Sadr carry placards depicting U.S. President Donald Trump at a protest against what they say is U.S. presence and violations in Iraq, duri in Baghdad, Iraq January 24, 2020. On Friday, hundreds of thousands of people marched in Baghdad to protest the killing of Iranian general Qasem Soleimani and demand that US troops leave Iraq. The march was organized by Shi'ite cleric Muqtada al-Sadr, who has led revolts against US forces and has the goal of
Read in Business Insider: https://apple.news/
Supporters of Iraqi Shi'ite cleric Moqtada al-Sadr carry placards depicting U.S. President Donald Trump at a protest against what they say is U.S. presence and violations in Iraq, duri in Baghdad, Iraq January 24, 2020. On Friday, hundreds of thousands of people marched in Baghdad to protest the killing of Iranian general Qasem Soleimani and demand that US troops leave Iraq. The march was organized by Shi'ite cleric Muqtada al-Sadr, who has led revolts against US forces and has the goal of
Read in Business Insider: https://apple.news/
Iraq security forces clash with protesters in Baghdad and other cities
Iraqi security forces fired teargas and live bullets in renewed clashes with protesters in Baghdad and other cities on Sunday, Reuters witnesses and security sources said.
Read in Reuters: https://apple.news/
Iraqi security forces fired teargas and live bullets in renewed clashes with protesters in Baghdad and other cities on Sunday, Reuters witnesses and security sources said.
Read in Reuters: https://apple.news/
Iraqi protesters defy top cleric and return to the streets
Iraqi officials say hundreds of anti-government protesters have clashed again with security forces in a key Baghdad square and in southern Iraq
Read in ABC News: https://apple.news/
Iraqi officials say hundreds of anti-government protesters have clashed again with security forces in a key Baghdad square and in southern Iraq
Read in ABC News: https://apple.news/
Iran's Zarif hits back after Trump's 'No thanks' Twitter post
President Donald Trump has said the United States will not lift sanctions on Iran in order to enter negotiations with it, in a response to the Iranian foreign minister who suggested Tehran was still willing to talk on the condition Washington "correct[ed] its past" and removed a series of tough economic measures. There has been growing friction between the two long-time foes since 2018, when Trump pulled his country out of a landmark nuclear deal signed between Iran and world powers. The US has
Read in Al Jazeera: https://apple.news/
President Donald Trump has said the United States will not lift sanctions on Iran in order to enter negotiations with it, in a response to the Iranian foreign minister who suggested Tehran was still willing to talk on the condition Washington "correct[ed] its past" and removed a series of tough economic measures. There has been growing friction between the two long-time foes since 2018, when Trump pulled his country out of a landmark nuclear deal signed between Iran and world powers. The US has
Read in Al Jazeera: https://apple.news/
Netanyahu says will be leaving for US with sense of a 'great mission'
'We are in the midst of very dramatic diplomatic events,' Israeli PM says at Cabinet meeting
Read in i24 News: https://apple.news/
'We are in the midst of very dramatic diplomatic events,' Israeli PM says at Cabinet meeting
Read in i24 News: https://apple.news/
AFRICA
Macron pleads with Trump not to cut off U.S. support for French forces in Africa
The White House may stop helping France fight African jihadis with drones and refueling planes. Experts say that could open the door to more terrorism.
Read in NBC News: https://apple.news/
Africa: World Risks 'Disaster' As Reuse of Natural Resources Declines
Kuala Lumpur New report shows the world is using up more raw materials, while recycling less and urges greater efforts towards a circular economy The proportion of raw materials the world is reusing has fallen, researchers said on Tuesday, warning of a "global disaster" as annual consumption of natural resources rose to 100 billion tonnes for the first time. Just 8.6% of the 100 billion tonnes of materials - including minerals, metals, fossil fuels and biomass - was put back into service in 2017
Read in AllAfrica: https://apple.news/
Zimbabwe: Bulawayo Set for Water Disconnection Blitz On Bill Defaulters
(Photo: Pixabay) AUTHORITIES in waterless Bulawayo will soon embark on a water disconnection blitz targeting households and institutions that are in default of bill payment for the necessary resource. Residents and businesses own the local authority more than $100 million in water payment arrears. Town Clerk, Christopher Dube Friday said the water disconnection exercise will start in ward 7 which encompasses suburbs such as Makokoba, Mzilikazi and other residential areas closest to the city
Read in AllAfrica: https://apple.news/
West Africa: Is West Africa's Eco Currency Just an Echo of the Colonial Past?
(Photo: BCEAO) The decision by eight mainly Francophone West African countries to abandon the CFA currency they have used since before their independence from France has been widely trumpeted as representing the end of an epoch. But it has also been controversial. And on closer inspection it looks more symbolic than substantive. To some it seems like cutting the more obvious - but less important - neo-colonial monetary ties with Paris, but not quite letting go of the apron string that matters
Read in AllAfrica: https://apple.news/
Billions of Locusts Descend Upon Africa
Read in COAST TO COAST AM: https://apple.news/
ASIA
China warned not to rush into creating digital currency to rival Facebook’s Libra, instead join global debate
A new theory appears to be emerging in China with regards how it should cope with the potential challenges from Facebook’s blockchain digital currency Libra, with suggestions it should shift towards working with other nations to regulate the sector rather…
Read in South China Morning Post: https://apple.news/
Wuhan, China, is scrambling to build a hospital in just 6 days to treat coronavirus patients as its health system gets overwhelmed
The Chinese city of Wuhan is rushing to build a new hospital within six days to treat patients of the coronavirus that has killed at least 26 people across the country and is overwhelming the quarantined city's health system.
China has quarantined three cities, encompassing about 35 million people, to try to contain the spread of the coronavirus.
Read in CNBC: https://apple.news/AxTBbk-
How coronavirus is beginning to hit China’s economy
Chinese officials disclosed Sunday that the coronavirus outbreak is hitting travel by double digits, while the medical industry is rushing to meet heightened demand.
Read in CNBC: https://apple.news/AjotW_
The coronavirus joins tough list of 2020 tests for China's global leadership
The year ahead is likely to provide the most profound trial yet for that thesis and for the durability of China's rise.
Read in CNBC: https://apple.news/
The Wuhan coronavirus could blow up the game China's been playing with its economy for years
Health Officials in hazmat suits wait at the gate to check body temperatures of passengers arriving from the city of Wuhan Wednesday, Jan. 22, 2020, at the airport in Beijing, China. The Wuhan virus has markets roiling and Chinese officials rushing to stop its spread. Dozens have been killed and thousands infected across the country. Cases of the virus have also been found in the US. Its impact on the Chinese economy will be significant, given that the virus is spreading during Lunar New Year -
Read in Business Insider: https://apple.news/
Fear is also infectious: how coronavirus outbreak is unsettling a nation
Before packing up her car on Friday, 33-year-old Beijing resident Mo Ying sent a message to some friends on social media. It read: “I’m going into seclusion in the mountains.” Since the start of the coronavirus epidemic, Mo’s husband has been closely…
Read in South China Morning Post: https://apple.news/
In the Year of the Rat, the US-China trade deal will not usher in a season of goodwill
The signing of the long-awaited first trade deal between the United States and China brings the welcome hope that their trade relations might stop worsening after nearly two years of destabilising confrontation and costly tit-for-tat conflict. But the…
Read in South China Morning Post: https://apple.news/
EUROPE
Boris Johnson: Britain will become global, trail-blazing country after Brexit
The prime minister said he will 'look ahead with confidence' to the future.
Read in ITV News: https://apple.news/
Confidence rises in UK economy after election, but will it last?
Prime Minister Boris Johnson's emphatic December election win has triggered a burst of optimism among British businesses and consumers, weakening the case for a Bank of England interest rate cut this week.
Read in Reuters: https://apple.news/
After Brexit-settling election, UK firms see business bounce
At Bruderer UK, a small firm selling metal-stamping machines from an industrial estate just north of London, business kicked into high gear right after Prime Minister Boris Johnson's big election win last month.
Read in Reuters: https://apple.news/
Farewell Europe: the long road to Brexit
The Observer’s political editor has reported on Britain’s place in the EU for more than 30 years. Here he charts the key moments in a stormy relationship and the missed chances to save it from destruction Last week, with the end of the UK’s 47-year membership of the club of European nations just days away, I looked back at some newspaper cuttings from my time as a Brussels correspondent. A picture of worried-looking farmers eyeing up their cattle at a market in Banbury stared out alongside
Read in the guardian: https://apple.news/
Ringing in Brexit? Plans to celebrate UK exit divide country
With Britain due to leave the European Union next week, the country is divided over how to mark a historic moment that some are relishing but others are dreading
Read in ABC News: https://apple.news/A-
CBI, ISX,Dinar Guru:
CBI Update:
Click on the link above for the latest update.
The CBI for Tuesday 1/28/20 did update on the indicative rates Sell Rate 1190
The currency auction total sales amount 229,498,413.
There are no news and announcements.
Dinar Guru:dd
1-27-2020 Newshound Guru Breitling ...Let's talk about the information that comes from the CBI - the chart where you see it [the note count] coming down...I don't have access to the CBI but I do have friends that have access to the CBI. Basically their answer was until the CBI corrects that and puts out a statement that's what you live by...what you can count on is the rate is correct. And also when they say they are reducing the note count, they've always reduced the note count. Until the CBI corrects it follow the trend. They've never not followed through on what the trend was...they're reducing the note count. That's it...has the CBI come out and said they've made a huge mistake...no they have not...the overall trend is they are reducing the note count...Iraq's going to revalue their currency...
1-27-2020 Intel Guru Frank26 ...It's my strong opinion that Trump is now taking complete control...
1-27-2020 Intel Guru MarkZ [ I am led to believe we may see something happen about 9AM Reno time today…] ...I am hearing very similar things...I believe a schedule has been set and we will see it at least rolling out this week. I am feeling great about where we are. My Redemption Center folks are at work today and expect to be in all week long. My last contact in Iraq was Saturday night and they are still expecting a new rate at any time. ...we are in such a great spot right now.
1-27-2020 Newshound Guru Jeff ...stop worrying about the formation of the government. Iraq has been approving and amending laws. At the end of December they approved the Election Law or amended it. Just a few weekends ago they amended the Financial Management Law. Iraq has come too far setting the stage to go back now...Timing is critical to them...the current PM Mahdi will just continue to stay in that position for like another 3 months. January, February, March. That means he's in there at least until Q1. They're also saying this week they'll probably put another PM in on Thursday-ish...either way their overall progress is too far along to go back...Iraq's government is fine. The current status of the government will not slow down the rate change...Iraq has enough stability. They've come too far along to stop right now..
1-27-2020 Newshound Guru Jeff ...stop worrying about the formation of the government. Iraq has been approving and amending laws. At the end of December they approved the Election Law or amended it. Just a few weekends ago they amended the Financial Management Law. Iraq has come too far setting the stage to go back now...Timing is critical to them...the current PM Mahdi will just continue to stay in that position for like another 3 months. January, February, March. That means he's in there at least until Q1. They're also saying this week they'll probably put another PM in on Thursday-ish...either way their overall progress is too far along to go back...Iraq's government is fine. The current status of the government will not slow down the rate change...Iraq has enough stability. They've come too far along to stop right now..
1-27-2020 Newshound Guru MilitiaMan Article: "Al-Nassiri: We need a systematic movement for economic reform" No doubt we would like the party to get started and based off the article from Nassirri, it tells us they are doing things and in fact are ready for exactly what we have been waiting for all these years. For instance, the CBI spent about $190 million on nscn's and fils, reduced the note count by 45 trillion real close (See Charts at CBI), have a large deficit noted in the next budget that cannot be filled based of their recent note count reduction...The End of Month is coming soon and they have reporting to do. If they have a significant rate change above a program rate they'll need to announce it ahead of time or real close, as this time it wont be based off a program rate...
Elmer:
Not in today
Artmeister:
Not in today
Catnip:
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ARTICLE 1 (from PM Mahdi's website)
At the time this report was submitted, there are no new articles posted on PM Mahdi's website.
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ARTICLE 2 (from Government of Iraq twitter account)
At the time this report was submitted, there are no new tweets posted on the Government of Iraq twitter
account.
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ARTICLE 3
A political source reveals the names of the most likely candidates to take over as prime minister
1/27/2020 15:13 • 16 times read
{Baghdad_Where} A political source revealed the names before the President of the Republic, Barham Salih, to take over as prime minister, while he indicated that the date for deciding the prime minister’s post would be very soon.
The source said, "The names currently offered to formally assign him to form a government are Muhammad Tawfiq Allawi, Ali Shukri and Abdul Ghani al-Asadi, but the most fortunate is the head of the current intelligence service, Mustafa al-Kazimi, who has the approval of most political blocs, and his relationship is balanced in relation to In the American-Iranian equation inside Iraq. "
He added that "the candidate who collects the highest number of approvals between the political blocs will be assigned to him," noting that "the names presented were not rejected by the demonstrators before."
For his part, the leader of the al-Hikma movement, Muhammad al-Husayni, affirmed that "during these days (this week), the next prime minister's mandate will be decided," noting that "there is a political movement that the character is not controversial and acceptable by the Iraqi street, and has the ability to Resolve the crises in Iraq, and this is agreed upon by effective political forces, in addition to the President of the Republic, Barham Salih.
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ARTICLE 4
Rapid developments in the issue of the next government candidate
1/28/208 0:16
[Baghdad-where]
Today and yesterday night witnessed rapid developments in the issue of the candidate of the next prime minister, as the chances of some people started to fade, some of them weakened a lot, and in turn, the emergence of other candidates.
"The President of the Republic, Barham Salih, is likely to settle his assignment to the candidate for prime minister at the beginning of next week," a well-informed political source said in a press statement.
"The president of the republic is scheduled to meet tomorrow, Tuesday, with representatives of the demonstrators to discuss the file of the next prime minister's candidate and the conditions that must be met," he added.
The source pointed out that "the list of candidates has undergone changes as some of the proposed names have lost their chances while other names have weakened a lot, and in the meantime new names have emerged as candidates for the site adopted by certain alliances."
He continued, "The movement in this regard is progressive and was scheduled to be resolved next Thursday, but the weightings indicate that the settlement will be early next week."
Faced with the pressure of the Iraqi street, the political parties are still unable to reach a solution to the crisis of choosing an alternative for the resigned prime minister, Adel Abdul Mahdi, after failing to assign several candidates after a large popular rejection of him.
The popular demonstrations and sit-ins continue in Tahrir Square in Baghdad and other governorates, with the number of martyrs rising to more than 600 demonstrators and wounding thousands of others.
"The president of the republic is scheduled to meet tomorrow, Tuesday, with representatives of the demonstrators to discuss the file of the next prime minister's candidate and the conditions that must be met," he added.
The source pointed out that "the list of candidates has undergone changes as some of the proposed names have lost their chances while other names have weakened a lot, and in the meantime new names have emerged as candidates for the site adopted by certain alliances."
He continued, "The movement in this regard is progressive and was scheduled to be resolved next Thursday, but the weightings indicate that the settlement will be early next week."
Faced with the pressure of the Iraqi street, the political parties are still unable to reach a solution to the crisis of choosing an alternative for the resigned prime minister, Adel Abdul Mahdi, after failing to assign several candidates after a large popular rejection of him.
The popular demonstrations and sit-ins continue in Tahrir Square in Baghdad and other governorates, with the number of martyrs rising to more than 600 demonstrators and wounding thousands of others.
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ARTICLE 5
An American newspaper publishes confessions of the "ISIS" mufti: I was getting funding from Saudi Arabia and London
Editing Date: 1/27/2020 12:01
[Follow-up]
The Washington Times newspaper published a report on the confessions of the mufti of ISIS, called the Shifa Al-Neama, who was arrested by Iraqi forces in the Mohandessin neighborhood of Mosul recently, confirming that he was receiving funding and support from Saudi Arabia and London.
The report, published by the newspaper, quoted Shifa Al-Nama as confessing that he was receiving financial donations from three sources, one in Saudi Arabia and two in London who were financing terrorism.
She added, “Grace admitted that it issued a number of fatwa rape fatwas that authorized ISIS fighters to kill and enslave. After the liberation of Mosul, the current Mufti escaped to hide in his daughter's house in the Mohandessin neighborhood of Mosul until he was arrested by the Iraqi security forces. ”
The blessing, which weighs more than 300 pounds, also admitted by saying, “I issued fatwas to displace Christians from Mosul, to enslave and sell Yazidi women,” noting that “fatwas were issued that permitted the confiscation of homes of displaced persons and authorized ISIS fighters to bomb mosques in Mosul that were It has graves from the prophets and the righteous, such as allowing the destruction of the Prophet Yunus Mosque in August 2014 ″.
Al-Nimah also said that "the source of his funding came from a Saudi sheikh and a group of extremists in London, where they gave me $ 6000 to distribute to ISIS, while the Saudi sheikh gave me $ 4,000."
The report pointed out that “Grace had graduated from the University of Medina in Saudi Arabia in 1984 and from there, he became a teacher in the Emirates and then returned to Iraq, and joined the Sunni extremist groups, where he issued fatwas allowing assassinations of the Iraqi security forces in Mosul in 2006 and 2007 ″.
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