Markets:
all due to start in the green
Dow up about 120 SNP about ten NDX up about 35
Asian markets closed mixed
hsi up .87% Nikkei up .74% Shanghai up .87%
Precious Metals:
GOld down slightly again today 1566 Silver down a smidge more again today .06 17.54 Copper up slightly 260
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1166.2000 |  1221.1000 | 1192.5000 | 1192.5000 | 1192.5000 |  0.0000 | 06:06 |
| USD/VND | 22868.3000 | 23601.4300 | 23219.7500 | 23208.6800 | 23219.7500 | -7.1800 | 06:06 |
| USD/CNY | 6.9694 | 6.9714 | 6.9750 | 6.9583 | 6.9648 | 0.0047 | 06:19 |
| USD/KWD | 0.3043 | 0.3053 | 0.3047 | 0.3043 | 0.3044 | 0.0003 | 06:19 |
| GBP/USD | 1.2980 | 1.2982 | 1.2989 | 1.2943 | 1.2951 | 0.0027 | 06:39 |
| USD/IRR | 0.0000 | 0.0000 | 42097.5000 | 42097.5000 | 42097.5000 | 97.5000 | 00:00 |
| USD/IDR | 13661.0000 | 13665.0000 | 13684.0000 | 13643.0000 | 13665.0000 | -3.0000 | 06:35 |
Things in the News ...
U.S. Household Debt Exceeds $14 Trillion for the First Time...
Credit-Card Crazy...
Fed chief issues stark warning to Congress on deficits...
Credit-Card Crazy...
Fed chief issues stark warning to Congress on deficits...
Rising numbers of older adults are unable to care for themselves, often leading to serious health problems and even death, according to state and local government agencies.
So-called self-neglect cases generally involve the inability to perform essential self-care, such as providing oneself with food, shelter, personal hygiene, medication and safety precautions.
Seniors who no longer drive, for example, are often unable to get to medical appointments, exacerbating health problems that can render them incapable of caring for themselves. A fall can result in a hip fracture leaving one bedridden and unable to care for oneself. Failure to pay bills for the phone or other utilities could lead to service cutoffs. Forgetting to pay rent could lead to the loss of a home.
Government agencies attribute problem in part to isolation from families and communities
Self-neglect cases involved 144,296
About one in four Americans age 65 and older, or 14.3 million, lived alone in 2017, according to government data, up 31% from 10.9 million people in 2007. Those age 60 and over spend more than 10 hours of their daily measured time by themselves, compared with less than five hours for people in their 40s and 50s
Iraqi Articles:
The date for voting on the cabinet is next Sunday
The head of a parliamentary bloc revealed, on Tuesday 11 February 2020, the date for voting on the cabinet of Prime Minister- .designate Muhammad Tawfiq Allawi
Deputy Muhammad al-Khalidi, a member of the Parliamentary Bloc of al-Khair, said that on Sunday February 16, 2020, the parliament will hold an .extraordinary session to vote on the cabinet Al-Khalidi added that the cabinet did not include the recycling of any name from the ministers of the resigned government, stressing that all the names .are independent from the parties
Digital transformation and electronic payment technologies in the banking sector
link this is that site I can't get an english link to
The rapid development of modern banking technologies, systems, hardware and software has led to widespread development and change and transformations in the economy, labor market and productive sectors, as digital transformation is one of the most important drivers and drivers of growth in government companies and companies. In particular, given that the banking sector is the key link in the economy through its financing and investment role, the digital transformation in this sector has become an urgent necessity.
The concept of digital transformation
Is the transition of the government and private productive, financial and banking sectors to a business model based on digital technologies in the innovation of services and products and the provision of new channels of revenue that increase the value of their products at a low operating cost.
There are a number of requirements for the transition to digital transformation, the most important of which are:
1. Building short-term and long-term strategies that include examining the current realities of the government and private banking sector in terms of available technologies and devices, customer database, bank financial database and qualified human resources.
2. Greeting structures and information and communicationsecurity.
3- Strategic partnership between the Central Bank, government banks, private banks, e-payment companies, financial technologies and service providers as follows:
Working jointly with the Central Bank, banks and financial technology companies, through a specialized high council or committee.
Establishing an independent company with 20 percent participation in government banks and the private sector 80 percent, including e-payment companies, telecommunications companies, IT companies, software development and e-payment companies.
The challenges of digital transformation
The processes that hinder the transition to digital transformation include:
1. Risks of electronic operation
Access to the banking system and theft of electronic identity.
3. Credit card fraud.
Electronic piracy.
5. The banking system has been disrupted or customer errors.
6- Imitating computer software or falsifying software-matching information.
7. Banks or financial technology companies do not comply with legal rules and legislation or there is no law regulating digital transformation.
The Iraqi Experience
With determination and confidence in the ability of Iraqi financial and technical staff to overcome the challenges of the technical gap that Iraq suffered due to the repercussions of the embargo, wars and instability during the information revolution, the Central Bank, banks and specialized technical companies were able to The challenges that have stood in the way of the digital transformation of the banking sector go beyond standing in the right direction in the darkest economic and security conditions that our country has suffered over the past years and drawing up a sound road map to catch up with the technical developments in the countries of the world.
Following iraq's situation over the past five years, the extent of faith in Iraq's capacity to bring about change and bridge the technical gap between us and the developed world is illustrated by the important achievements achieved as follows:
1. The methodology adopted by the Central Bank and implemented by banks and electronic payment companies is always focused on working under a sound legislative, regulatory and legal umbrella, as well as promoting governance concepts and global standards in relation to information technology. And financial techniques.
2. The issuance of electronic payment system for funds No. 3 for 2014, the establishment of the National Payments Board, governance controls and the institutional management of information and communication technology and the regulations and legal instructions governing the work of banks and e-payment service providers.
3. The Central Bank plays a pivotal role in the creation of state-of-the-art infrastructure, the pursuit of the latest global technologies, the development of the Bank's financial and banking systems, payment systems and advanced communications networks in accordance with the latest technologies.
4. The central bank, banks and electronic payment companies have advanced payment systems, as well as retail payment structures, and the national division was one of the most important parts of it.
5. Granting work permits to many e-payment service providers (card issuers, collectors, processing of mobile payment companies' operations, and invoices and payment gateways across different channels).
6. Broad interest in implementing the first objective of the Bank's strategy for the years (2016) 2020. It is to achieve financial stability through a sound financial system with an interest in financial inclusion and risk reduction, as well as to adopt a project to localize employees' salaries.
The above achievements show that the Central Bank, the banking sector and electronic payment companies have overcome the challenges of the technical gap due to the blockade, occupation and terrorism, and are now on a steady pace to achieve the digital transformation in the financial and banking sector towards financial stability and the transition from The community of criticism to the community of criticism is also one of the objectives of the government curriculum in the fourth axis (strengthening the economy).
Future plans
Promoting research and development activities for the manufacture of new banking products.
Improving the performance of banks through new inputs based on modern technologies, as well as the development of patterns and policies that adopt modern banking techniques that have been preceded by the developed world.
3. Building capacity and rehabilitating human resources in modern banking, technology and innovation with a view to achieving sustainable development goals.
4. Develop plans and programmes aimed at transforming society into a critical society to a critical society and an information society, so that economic and social development plans and strategies are produced while working towards achieving sustainable development goals.
5. Develop national policies and strategies consistent with the monetary authority's plans in management, supervision and oversight and in coordination with ICT.
Financial challenge
A few hours after Mr. Mohammed Tawfiq Allawi was appointed president of the Iraqi government by The President of the Republic, Dr. Barham Saleh, and in his first and official address to the Iraqi people, especially the demonstrators, he touched on all the real problems and demands that the Iraqi citizen should enjoy or have, including services, which are among the most basic rights that the people should have Iraqi.
He pledged to develop solutions as much as possible, but the main point that the prime minister-designate should follow and focus on is (financial management), especially after the vote on the new financial management law of 23/5/2019, which was published in the Iraqi Fact Sheet (445) 0) 5/8/2019, the law aims to regulate the rules and procedures governing financial and accounting management in the field of planning, preparation, implementation, control and audit of the federal budget, and direct all federal revenues to the public treasury to cover public spending, and to put Mechanisms for the implementation of budgets, adherence to budget ary principles (budget transparency, budget transparency, budget unit, budget year, and non-allocation) when preparing and implementing the federal budget and related matters, in order to ensure macroeconomic stability and financial stability, enhance the allocation of budgetary resources and improve the efficiency and effectiveness of spending, ensure the optimal management of cash, and improve the quality of budget information provided to the House of Representatives and the Iraqi people.
Iraq's problem is not in the choice, nor in the direction, programmes or strategies that are prepared, but in the financial management and the way it is controlled and disposed of, i.e. properly and safely implemented, and presumably this is what the prime minister-designate is counting on in the coming days, because Iraq has many resources and its budget for 2020 is estimated at approximately 140 trillion dinars and the deficit planned deficit of 48 trillion dinars, considering that the price per barrel adopted is about 53 A dollar.
On the other hand, a Un study in December 2019 revealed that Iraq ranks 108th in the world and 10th among 122 Arab countries in the ranking of countries globally in terms of the level of per capita income of GDP in dollars, with an average annual Per capita income of approximately $5,700, confirming that funds are in Iraq but there is no optimal management of these funds, and is the greatest challenge for the prime minister in his administration and the choice of ministerial cabinet
BANKS/BANKING/CREDIT
What FICO 10 means for you and your credit
Although a new scoring model from FICO will be available at the three large credit-reporting firms by the end of the year, consumers shouldn't expect the score that lenders use to change anytime soon.
Read in CNBC: https://apple.news/
Although a new scoring model from FICO will be available at the three large credit-reporting firms by the end of the year, consumers shouldn't expect the score that lenders use to change anytime soon.
Read in CNBC: https://apple.news/
'Every Asset Class Will Be Digitized and Tokenized,’ Says Cred Co-Founder
In a varied career, Dan Schatt has been a Peace Corps volunteer in Romania, a Citibank banker in Senegal, a Celent analyst and a PayPal executive. He co-founded Cred, a decentralized lending and borrowing platform, with other PayPal technology veterans in 2018. Cred attracted some attention last year when it enabled a California politician to purchase cannabis with Bitcoin Cash (BCH). The politician was the first elected official to use cryptocurrency to purchase cannabis in the United States,
Read in Cointelegraph: https://apple.
In a varied career, Dan Schatt has been a Peace Corps volunteer in Romania, a Citibank banker in Senegal, a Celent analyst and a PayPal executive. He co-founded Cred, a decentralized lending and borrowing platform, with other PayPal technology veterans in 2018. Cred attracted some attention last year when it enabled a California politician to purchase cannabis with Bitcoin Cash (BCH). The politician was the first elected official to use cryptocurrency to purchase cannabis in the United States,
Read in Cointelegraph: https://apple.
Nasdaq to start euro notes offering
Nasdaq (NASDAQ:NDAQ) plans to offer euro-denominated notes and use the proceeds to refinance debt and for other general corporate purposes. The size of the offering, duration, and amount to be raised hasn't been determined yet.Read in Seeking Alpha: https://apple.news/
CBI, ISX,Dinar Guru:
CBI Update:
Click on the link above for the latest update.
The CBI for Wednesday Feb 12th rate is 1190.
The currency auction total sales amount $ 235,699,345.
Shares Traded: 2,409,173,743
Value Traded: 1,793,116,198
Dinar Guru Chatter:
2-12-2020 Newshound/Intel Guru Mnt Goat ...If you have been following the news from Iraq you should clearly see that they are “fast-tracking” the new government and also getting the 2020 budget amended and passed on to parliament. Why is all this occurring so fast? For one it is the pressure from the protestors. Second it is the threat of going back in to UN sanctions chapter VII. Already UN security forces are in Iraq...But this is all very good for us...
2-11-2020 Intel Guru Footforward I'd be stunned if we are sitting here this time next year waiting for the RV to happen. There is incredible progress being made on the Iran front.
2-11-2020 Newshound Guru Kaperoni If the CBI decides go to a new exchange rate regime and gets off the peg and begins to gradually appreciate the dinar via a float, any change in denominations would occur at a similar pace to the appreciation. No announcement or schedule is needed.
2-11-2020 Newshound/Intel Guru Mnt Goat ...Just where do we stand with this RV? I have to tell you the CBI is more than ready to go full force with the process of “deletion of the zeros”. They are just waiting for the new prime minister to get his cabinet in order and ratified in parliament...once the prime minister designate has “REAL” power (which comes when he forms his government and is ratified by parliament) he will begin the process of the reforms. He has already promised by a public statement that he would complete “ALL” the reforms demanded by the protesters. We know that one of them is to end the currency auctions and this one is a very high priority...we could not be in a better position to see the RV sometime within the next couple months. But I bet sooner than later…lol...NO! – we do not need to wait years for a robust economy, as many gurus tell you...
2-11-2020 Intel Guru Frank26 ...IMO Dr. Shabibi is very aware of what is happening and what's about to happen and because of what may happen he is in constant consultation with the Fab 4...the Fab 4...the IMF, World Bank, U.S. Treasury, and the President of the United States of America...
2-11-2020 Newshound Guru Kaperoni [via Zig] ... "Anybody who researches this investment will know the IMF is the trustee of the CBI. They took control in 2015. Therefore, and it is already been proven that the CBI does with the IMF tells them to do. So one only has to go read the Article IV consultation from a few years ago when Shabibi was preparing to transition. It is plan [plain ?] as day... 14. The de facto fixed exchange rate (that means peg) has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy (they are talking about a float). Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low...It does not get any clearer than this direct from the IMF. Not only is this the plan but this conforms to monetary policy..."
2-11-2020 Intel Guru MarkZ [via PDK] My Bank staff at Redemption Centers are all on call..They are expecting to work this weekend. Iraq contacts believe we will see it anywhere from this evening to Friday afternoon. They are ecstatic in Iraq. Bankers here still swear this is it. I am afraid to call it with all the hype but dayummmm...this I feel is it. So I am at the edge of my seat…feeling nervous like when the prom date is about to ring the bell….lol
2-11-2020 Newshound Guru Kaperoni People need to realize that even though the protests demanded change it substantially slowed progress. The new PM needs to be confirmed, a cabinet needs to be named and confirmed and parliament needs to get back passing legislation. Months of delays are expected....
2-11-2020 Newshound Guru Jeff ...Can it [the rate change] only happen on a Sunday? ...yes. and the reason why, remember Kuwait did theirs on a Sunday morning. This is not just a small rate change. Small rate changes can happen any day of the week. This is a massive jumbo rate change. The reason why it has to happen on a Sunday morning is because it has to happen when all financial markets around the world are closed to control and reduce market volatility because with that size of a rate change being so massive it would...cause tremendous volatility within the financial markets around the world. They don't want that...it's easier for them to do it after hours when markets around the world are closed...
2-11-2020 Intel Guru Frank26 Question [Once this happens - Please explain the strategy of putting money into the Iraqi satellite banks here in the United States versus a U.S. non-satellite bank.] ...I think it depends on how many dinars you have. I think that's the best answer I can give you on this question...If I go to an American bank and I say here's a million dinars and we converted into a million American dollars and it stays in that bank I pay the taxes on that capital gain right there. And then I go to one of the [CBI] satellite banks like one up in Dearborn Michigan maybe and there I could say to the satellite Dearborn bank let me convert half a million into American dollars. I'll leave it here or transfer it to my American bank...do you want to pay taxes now? Then just go to an American bank. If you don't want to pay tax on everything and let's say you want to cash in half a million of your dinar and convert them into American dollars. You pay taxes on it now and the other half a million I want to leave them in dinars. So you leave it in the satellite bank because they'll stay that way...this is all in my opinion. You have to make your own decisions...[Speak with your financial adviser and tax professional at the appropriate time.]
2-11-2020 Newshound Guru Kaperoni If the CBI decides go to a new exchange rate regime and gets off the peg and begins to gradually appreciate the dinar via a float, any change in denominations would occur at a similar pace to the appreciation. No announcement or schedule is needed.
2-11-2020 Newshound/Intel Guru Mnt Goat ...Just where do we stand with this RV? I have to tell you the CBI is more than ready to go full force with the process of “deletion of the zeros”. They are just waiting for the new prime minister to get his cabinet in order and ratified in parliament...once the prime minister designate has “REAL” power (which comes when he forms his government and is ratified by parliament) he will begin the process of the reforms. He has already promised by a public statement that he would complete “ALL” the reforms demanded by the protesters. We know that one of them is to end the currency auctions and this one is a very high priority...we could not be in a better position to see the RV sometime within the next couple months. But I bet sooner than later…lol...NO! – we do not need to wait years for a robust economy, as many gurus tell you...
2-11-2020 Intel Guru Frank26 ...IMO Dr. Shabibi is very aware of what is happening and what's about to happen and because of what may happen he is in constant consultation with the Fab 4...the Fab 4...the IMF, World Bank, U.S. Treasury, and the President of the United States of America...
2-11-2020 Newshound Guru Kaperoni [via Zig] ... "Anybody who researches this investment will know the IMF is the trustee of the CBI. They took control in 2015. Therefore, and it is already been proven that the CBI does with the IMF tells them to do. So one only has to go read the Article IV consultation from a few years ago when Shabibi was preparing to transition. It is plan [plain ?] as day... 14. The de facto fixed exchange rate (that means peg) has served Iraq well. The authorities agreed that a stable nominal exchange rate provides a valuable anchor for inflation expectations in an uncertain environment, and intend to continue implementing this policy for the foreseeable future. In the medium term, staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy (they are talking about a float). Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect, to accommodate a possible real exchange rate appreciation while keeping domestic inflation low...It does not get any clearer than this direct from the IMF. Not only is this the plan but this conforms to monetary policy..."
2-11-2020 Intel Guru MarkZ [via PDK] My Bank staff at Redemption Centers are all on call..They are expecting to work this weekend. Iraq contacts believe we will see it anywhere from this evening to Friday afternoon. They are ecstatic in Iraq. Bankers here still swear this is it. I am afraid to call it with all the hype but dayummmm...this I feel is it. So I am at the edge of my seat…feeling nervous like when the prom date is about to ring the bell….lol
2-11-2020 Newshound Guru Kaperoni People need to realize that even though the protests demanded change it substantially slowed progress. The new PM needs to be confirmed, a cabinet needs to be named and confirmed and parliament needs to get back passing legislation. Months of delays are expected....
2-11-2020 Newshound Guru Jeff ...Can it [the rate change] only happen on a Sunday? ...yes. and the reason why, remember Kuwait did theirs on a Sunday morning. This is not just a small rate change. Small rate changes can happen any day of the week. This is a massive jumbo rate change. The reason why it has to happen on a Sunday morning is because it has to happen when all financial markets around the world are closed to control and reduce market volatility because with that size of a rate change being so massive it would...cause tremendous volatility within the financial markets around the world. They don't want that...it's easier for them to do it after hours when markets around the world are closed...
2-11-2020 Intel Guru Frank26 Question [Once this happens - Please explain the strategy of putting money into the Iraqi satellite banks here in the United States versus a U.S. non-satellite bank.] ...I think it depends on how many dinars you have. I think that's the best answer I can give you on this question...If I go to an American bank and I say here's a million dinars and we converted into a million American dollars and it stays in that bank I pay the taxes on that capital gain right there. And then I go to one of the [CBI] satellite banks like one up in Dearborn Michigan maybe and there I could say to the satellite Dearborn bank let me convert half a million into American dollars. I'll leave it here or transfer it to my American bank...do you want to pay taxes now? Then just go to an American bank. If you don't want to pay tax on everything and let's say you want to cash in half a million of your dinar and convert them into American dollars. You pay taxes on it now and the other half a million I want to leave them in dinars. So you leave it in the satellite bank because they'll stay that way...this is all in my opinion. You have to make your own decisions...[Speak with your financial adviser and tax professional at the appropriate time.]
Catnip's Corner:
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ARTICLE 1 (from PM Mahdi's website; posted only on Arabic side, not on English side)
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)
Follow our series #DedicatedToService on Instagram and meet Iraqis who, despite the challenges, are making a difference serving our communities and delivering key services to fellow citizens.
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ARTICLE 3
Deputy for the Kurdish blocs: Allawi met with 15 representatives of the Kurdish blocs except for the representatives of the two ruling parties and assured us that his government will be outside the political process
10/2/2020 15:43
[Follow-up]
The deputy of the Kurdistan Islamic Group, Ahmed Haji Rashid, revealed the details of the meeting of the Prime Minister-designate, Muhammad Tawfiq Allawi, with the Kurdish blocs.
Haji Rashid said, in a statement to official media, today, that "Prime Minister-designate Muhammad Tawfiq Allawi, met with 15 representatives of the Kurdish blocs except for the representatives of the two ruling parties yesterday in the capital Baghdad, to discuss the formation of the next government and provide support for it," noting that " Allawi stressed during the meeting that he will form a government of technocrats and will work to appoint ministers outside the political process.
He added that "Allawi has set two conditions for appointing his ministers, the first of which is to be honest and the second to be efficient." He stressed that "the Kurdish blocs did not address during the meeting the issue of offering a candidate, since the conditions that Allawi set are the most appropriate to choose ministers and carry out his governmental duties without restrictions."
He explained that "Allawi stressed during the meeting to fight corruption and work on the principle of transparency and make the issue of services one of the main factors for his cabinet," pointing out that "the Kurdish blocs confirmed the support of these steps to the Prime Minister-designate, in order to make the next government successful."
He continued by saying that "the Kurdish blocs represented by representatives of the Islamic Group, the Islamic Union, the Change Movement and the new generation, presented to the Prime Minister-designate their demands and stressed the importance of removing the issue of the salaries of the region's employees from political issues, as well as touching on the issue of crops and benefits of farmers and basic services," noting that "President The assigned ministers expressed their positive cooperation with these demands. "
The representative of the regional government in Baghdad, revealed earlier, a forthcoming visit of the Prime Minister-designate, Mohammed Tawfiq Allawi, to the region to discuss the formation of the new government.
He added that "Allawi has set two conditions for appointing his ministers, the first of which is to be honest and the second to be efficient." He stressed that "the Kurdish blocs did not address during the meeting the issue of offering a candidate, since the conditions that Allawi set are the most appropriate to choose ministers and carry out his governmental duties without restrictions."
He explained that "Allawi stressed during the meeting to fight corruption and work on the principle of transparency and make the issue of services one of the main factors for his cabinet," pointing out that "the Kurdish blocs confirmed the support of these steps to the Prime Minister-designate, in order to make the next government successful."
He continued by saying that "the Kurdish blocs represented by representatives of the Islamic Group, the Islamic Union, the Change Movement and the new generation, presented to the Prime Minister-designate their demands and stressed the importance of removing the issue of the salaries of the region's employees from political issues, as well as touching on the issue of crops and benefits of farmers and basic services," noting that "President The assigned ministers expressed their positive cooperation with these demands. "
The representative of the regional government in Baghdad, revealed earlier, a forthcoming visit of the Prime Minister-designate, Mohammed Tawfiq Allawi, to the region to discuss the formation of the new government.
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ARTICLE 4
IRAQ TURNS TO CHINA'S 'BELT AND ROAD,' CHALLENGING U.S. DOMINANCE IN MIDDLE EAST
The Washington Times - Sunday, February 9, 2020
China’s path to economic dominance in the 21st century runs directly through the Middle East, with Beijing banking on forging multibillion-dollar partnerships with Iraq, Pakistan and even war-torn Syria to provide fuel in its quest to supplant the U.S. as the world’s top power.
Iraq’s unexpected announcement last fall that it intends to join Beijing’s massive Belt and Road Initiative, analysts say, is just one example of China’s rapidly growing economic footprint in the Middle East.
China views the region as fertile soil for investments in water systems, roads, bridges, electrical grids and other key pieces of infrastructure that have either never been fully developed or have been badly degraded by decades of war.
China has poured about $24 billion into Iraq since 2005, and the vast majority of that is in energy projects, according to the China Global Investment Tracker, a project of the American Enterprise Institute and The Heritage Foundation.
Across the Middle East and North Africa, China has invested roughly $200 billion over the past 15 years. That number is expected to grow exponentially over the next decade as the Belt.
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ARTICLE 5
How does coffee affect the human body?
10/2/2020 15:39
[Follow-up]
Coffee is spread year after year and in different parts of the world and between adults and children alike, although there are some restrictions that must be known.
Elisabit Tikhonova, a Russian nutritional expert for coffee and tea, said in an interview with Sputnik Radio, that drinking coffee in moderation does not cause any harm to the body, because it does not contain toxic substances at all. But since the caffeine in coffee has an effect on many processes in the body, it is best not to allow children to drink coffee.
Tikhonova adds the calories for a sugar-free coffee cup, milk and more, almost zero. But under the influence of caffeine, one feels getting a new energy when drinking a cup of coffee. And she says, "The effect of coffee on the body is stronger than the effect of tea. If the effect of the latter lasts 8 hours, then the effect of coffee lasts only two hours but with a stronger degree. Therefore, it is best not to allow children to drink coffee. One cup contains 8 grams of coffee, and this amount Sufficient to stimulate the body, as the heart and brain work within two hours actively. The effect of caffeine on the young body is stronger, so it must be avoided because its effects may appear in the future. Generally, the body does not get coffee from calories, but only on caffeine, that is, the body is activated, Without additional energy. "
"During the war, people used to drink coffee as a porridge," the expert says. "Because coffee beans contain the necessary nutrients. But after roasting, the vitamins are lost except for the B group of vitamins. The coffee also helps absorb vitamin С. In addition to the coffee contains important nutrients." For body cells. "
Tikhonova adds the calories for a sugar-free coffee cup, milk and more, almost zero. But under the influence of caffeine, one feels getting a new energy when drinking a cup of coffee. And she says, "The effect of coffee on the body is stronger than the effect of tea. If the effect of the latter lasts 8 hours, then the effect of coffee lasts only two hours but with a stronger degree. Therefore, it is best not to allow children to drink coffee. One cup contains 8 grams of coffee, and this amount Sufficient to stimulate the body, as the heart and brain work within two hours actively. The effect of caffeine on the young body is stronger, so it must be avoided because its effects may appear in the future. Generally, the body does not get coffee from calories, but only on caffeine, that is, the body is activated, Without additional energy. "
"During the war, people used to drink coffee as a porridge," the expert says. "Because coffee beans contain the necessary nutrients. But after roasting, the vitamins are lost except for the B group of vitamins. The coffee also helps absorb vitamin С. In addition to the coffee contains important nutrients." For body cells. "
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