The exchange rate of the dollar stabilized on the Kifah Stock Exchange and local markets, on Monday, for the second day in a row.
The prices of the Kifah Stock Exchange - Baghdad, the selling price were 124.250 dinars per 100 dollars, and the purchase price 123.750 dinars per 100 dollars.
The sale price of the dollar in the banking centers was 124.250 dinars per 100 dollars, and the purchase price was 123.250 dinars per 100 dollars.
The Markets:
Asian markets closed mixed NIK by down by.16% HSI down by .41 % SHNG up by .26%
The Uk markets are currently trading mixed down .12 to .21% up .03% to .48%
Our futures are currently in green the DOW at 26431 up by .41% SNP at 3218 up by .44% NDX at 10544 up by .82%
Precious Metals:
Gold is green at 1941 Silver is green at 24 Copper is green at 290 alum is green at 1703 Platinum is green at 940
Brent 43 WTi 41
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  0.0000 | 0.0000 | 1192.3000 | 1191.9000 | 1192.3000 | -0.4000 | 00:00 |
| USD/VND |  23181.0000 | 23182.0000 | 23159.7800 | 23152.6000 | 23152.6000 | 9.3800 | 05:02 |
| USD/CNY | 7.0033 | 7.0053 | 7.0162 | 6.9955 | 7.0162 | -0.0133 | 05:18 |
| USD/KWD | 0.3056 | 0.3066 | 0.3063 | 0.3060 | 0.3063 | -0.0004 | 05:09 |
| GBP/USD |  1.2850 | 1.2851 | 1.2858 | 1.2778 | 1.2793 | 0.0058 | 05:18 |
| USD/IRR | 0.0000 | 0.0000 | 43011.9000 | 43011.9000 | 43011.9000 | -43.1000 | 00:00 |
| USD/IDR | 14553.0000 | 14590.0000 | 14593.0000 | 14424.0000 | 14564.0000 | 3.0000 | 05:17 |
Things in the News:
Ice cream sales up, deodorant downInvestor Anxiety Turns to Greed, Driving Risky Market 'Melt-Up'...
Gig Economy Compromised Our Immune System...
Embracing the digital future - driving efficiency, transparency and governance
NorthernTrust
Iraqi Articles:
Iraq Stock Exchange suspends operations for 12 days
The Iraqi Stock Exchange announced on Monday that it was suspending its activities for 12 days on the occasion of eid al-Adha and a curfew.
"In compliance with the announced official holiday timings in Iraq, the market administration has decided not to hold trading sessions for the days of July 29 and for 12 days to coincide with the Eid al-Adha holiday," the market said in a statement to The Twilight News.
"The first trading session on the Iraqi Stock Exchange will be as of Sunday, August 9, 2019," the market added.
The Iraqi Stock Exchange has used electronic trading and central deposit systems since 2009 and is seeking to launch an online trading system for investors, organizing five weekly trading sessions from Sunday to Thursday, including 105 Iraqi joint stock companies representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment, tourism and hotels.
Economist: Providing services does not need financial allocations in the budget
Economist Wissam Al-Tamimi said that providing services to citizens does not need financial allocations by the government, pointing to the possibility of selling services to citizens and distributing them to them very comfortably.
Al-Tamimi told Al-Maalouma that “many of the people of the provinces came out with demonstrations, especially in Dhi Qar, which are still demonstrating to demand services in all of their districts.”
He added that "solving the problem is not difficult and the government can provide services without creating financial allocations, as the government invokes the current financial crisis, but that is not an obstacle to providing them."
He explained that "services can be provided with ease and sell them to citizens and install them on them very comfortably, provided that symbolic amounts are collected monthly without affecting the income of the citizen, in addition to achieving revenues for the state, especially that all the primary materials are available to them and do not need to be imported or purchased from countries Others.
Parliamentary economy calls for amending the investment law
On Monday, the Parliamentary Economic Committee called for amending the investment law to match the current situation.
Committee member Nofal Al-Naseen said, "There are many demands to hold a parliamentary session to discuss the situation in the country, and some MPs have collected signatures to hold it."
The youth added, “The various parliamentary committees continue to study the laws, discuss them, and provide them ready for reading and voting for the council once the sessions are held,” noting that “the economic committee follows the economic developments in the country and supports the laws that contribute to moving the Iraqi economy.”
The youth stressed the need to "amend the investment law in accordance with the requirements of the stage in order to revive the Iraqi economy in addition to activating the investment properly will secure work for the unemployed hands and contribute to reducing unemployment", calling for "activating the partnership between the public and private sectors in order to move the economy."
Oil prices drop amid tension between America and China
Oil prices fell on Monday, with higher incidence of Coronavirus, as increased tension between the United States and China pushed investors toward safe haven assets.
Brent crude futures fell 0.2% to $ 43.26 a barrel by 04:03 GMT, while US West Texas Intermediate was down 0.2% to $ 41.22 a barrel.
The drop comes in light of the escalation of tension between the two largest economies in the world following the closure of two consulates in Houston and the Chinese Chengdu. At the same time, the number of HIV cases in the world exceeded the barrier of 16 million.
Brent remains on track to post its fourth monthly gain in July, while US crude is heading for the third straight month, thanks to unprecedented supply cuts from OPEC and its allies that have supported prices
An independent deputy ruled out Al-Kazimi's economic advancement and confirms: Iraq is living in its worst period
The independent deputy, Bassem Khashan, said that Prime Minister Mustafa Al-Kazemi should make the budget a priority in the laws that he presents to parliament, pointing out that Al-Kazemi lacks the idea to advance the country economically and therefore Iraq is living in its worst periods.
Khashan told (Information), that "the budget law is the first law that the government must present to the parliament in order to implement the government program and cover its costs."
He added, "There is acceptance of Al-Kazemi's decisions and actions by some groups who are not aware, even though Iraq is going through the worst stages of the Iraqi state."
CBI, ISX,Dinar Guru:
CBI Update: Just a note:
They have been having auctions and the ISX has been trading regularly the sites just don't update in time to put the information in this report, unless it is
here.
CBI Update: Just a note:
They have been having auctions and the ISX has been trading regularly the sites just don't update in time to put the information in this report, unless it is
here.
here.
The currency auction total sales amount $209,590,555 no update.
including $ 16,650,000 in cash today
ISX Update:
Iraq Stock Exchange suspends operations for 12 days
Iraq Stock Exchange suspends operations for 12 days
The Iraqi Stock Exchange announced on Monday that it was suspending its activities for 12 days on the occasion of eid al-Adha and a curfew.
"In compliance with the announced official holiday timings in Iraq, the market administration has decided not to hold trading sessions for the days of July 29 and for 12 days to coincide with the Eid al-Adha holiday," the market said in a statement to The Twilight News.
including $ 16,650,000 in cash today
ISX Update:
Iraq Stock Exchange suspends operations for 12 days
Iraq Stock Exchange suspends operations for 12 days
The Iraqi Stock Exchange announced on Monday that it was suspending its activities for 12 days on the occasion of eid al-Adha and a curfew.
"In compliance with the announced official holiday timings in Iraq, the market administration has decided not to hold trading sessions for the days of July 29 and for 12 days to coincide with the Eid al-Adha holiday," the market said in a statement to The Twilight News.
7-27-2020 Newshound Guru Jeff Article: "Ministerial Round-table discussions express support for Iraqi government economic reforms" I've been telling you that the "white paper" is the roadmap for the new economic system to be launched which includes the rate change. Article quote: "Dr. Allawi said the the new Iraqi government is committed to submitting a wide-ranging White Paper to Parliament in September 2020 which will set out a roadmap to reorient the Iraqi economy..." They're telling you right here it's going to be submitted to parliament in September 2020...doesn't get any more clear than that...
7-26-2020 Newshound Guru Jeff I've been in this 11 years since '09. This is the first year that they've never approved an operating budget since I've been in this...what they're telling you is that the rate change is married to the budget. That's one of the main things you're looking for. And remember Iraq has to have stability. Meaning Kurdistan and Baghdad have to reach an agreement...the US requested to have the UN come in and work with both Baghdad and Kurdistan to resolve their differences...they have to reach that agreement in order for the rate change to go international...
7-26-2020 Newshound Guru Pimpy This looks like a huge International movement. This is what we want. We know that Iraq is going to be the doorway to do major business over in the Middle East. There's a lot of business opportunities over there. They've been war torn for quite some time...a lot of infrastructure needs to be dealt with...
7-26-2020 Newshound Guru Militiaman ...the theory of [the rate change/RV] being out into September is not being supported yet imo one bit. If you have links to support the view they will extend reforms out to September with fresh information, then please bring it in. Love to see it. In the mean time, we are imo watching the live progress on many fronts, not just Iraqs...
7-26-2020 Newshound Guru Pimpy Article: "Ministerial Roundtable discussions express support for Iraqi government economic reforms" ...This article is long but I can tell you this, if they have "white papers" for all these different files, they're going to be all presented in September of this year...There's a lot of discussion about, are the rate changes in this "white paper"? A lot of people seem to be pointing that direction. I haven't seen anything that says that the rate change is in the white papers but that doesn't mean it's not in the white papers. I'm looking for something a little bit different. I'm looking for the international community to once again...recognize the sovereignty of Iraq. And as you guys know in order to be a sovereign county you have to have your own currency. Iraq does have its own currency, I get that but they need the restrictions lifted off it so we can see them on the Forex once again...
7-26-2020 Newshound Guru Pimpy This looks like a huge International movement. This is what we want. We know that Iraq is going to be the doorway to do major business over in the Middle East. There's a lot of business opportunities over there. They've been war torn for quite some time...a lot of infrastructure needs to be dealt with...
7-26-2020 Newshound Guru Militiaman ...the theory of [the rate change/RV] being out into September is not being supported yet imo one bit. If you have links to support the view they will extend reforms out to September with fresh information, then please bring it in. Love to see it. In the mean time, we are imo watching the live progress on many fronts, not just Iraqs...
7-26-2020 Newshound Guru Pimpy Article: "Ministerial Roundtable discussions express support for Iraqi government economic reforms" ...This article is long but I can tell you this, if they have "white papers" for all these different files, they're going to be all presented in September of this year...There's a lot of discussion about, are the rate changes in this "white paper"? A lot of people seem to be pointing that direction. I haven't seen anything that says that the rate change is in the white papers but that doesn't mean it's not in the white papers. I'm looking for something a little bit different. I'm looking for the international community to once again...recognize the sovereignty of Iraq. And as you guys know in order to be a sovereign county you have to have your own currency. Iraq does have its own currency, I get that but they need the restrictions lifted off it so we can see them on the Forex once again...
Catnip's Corner:
*************
ARTICLE 1 (from PM Kadhimi's website)
At the time this report was submitted, there are no new articles posted on PM Kadhimi's website.
*************
ARTICLE 2 (from Government of Iraq twitter account)
7-26-2020 around 11:15 am Eastern
#Covid19: The @IraqiGovt imposes a nationwide curfew throughout the Eid Al-Adha holiday, from Thursday 30 July to Sunday 9 August.
*************
ARTICLE 3
Al-Rasheed Bank announces direct distribution of employee salaries for the month of July
7/26/2020 19:23 •
Ayna News - Baghdad
Al-Rasheed Bank announced, on Sunday, the direct payment of the salaries of the month of July to the employees of the endemic employees their salaries with the bank.
The bank said in a statement, "Ayna News" received a copy of it, that "the salaries of the month of July have been commenced for the employees of their nationals with the bank, which have received electronic financing notices from their departments after obtaining the necessary approvals."
He added, "Employees with electronic payment cards (MasterCard Nakheel) and (KCard) can receive their salaries from our branch network located in Baghdad and the provinces or from one of the approved MasterCard (Nakheel) card exchange offices, if they receive the salary download notification message."
*************
ARTICLE 4
Deputy: The Federal Court restricted legislation that imposes financial burdens on the state
7/26/2020 14:12
[Baghdad-Ain]
The Parliamentary Legal Committee confirmed, on Sunday, that the Federal Court has restricted parliament to legislating laws that impose financial burdens on the state without government approval.
"The proposal to amend the unified pension law is in the Finance Committee, and we believe it is difficult to pass it in the House of Representatives as a law proposal," deputy head of the legal committee, Muhammad al-Ghazi, said in an interview with government media.
He pointed out that "the decisions of the Federal Court restricted the House of Representatives from legislating laws that impose financial burdens on the state without government approval."
He added, "Legislative measures that cost the state financially, must come from the government in the form of a draft law," noting that "if there is seriousness in resolving the amendment of the retirement law, it must be sent for discussion in Parliament."
*************
ARTICLE 5
Your distinctive laugh ... may be your bank password
7/26/2020 13:57 • 22 times read
[Follow-up]
The next bank password may depend on laughter, after scientists discover that laughter is unique to everyone and cannot be deceived.
And in a world where tens of millions of people use simple passwords, it makes sense to use vital data instead of them, given that everyone has many unique biometric signatures that can be used instead of a password.
The common view of biometric security often calls for fingerprint readers, iris scans, and voice activation systems.
However, any unique human characteristic either the shape of the ears, the entire face, the pattern of blood vessels in the hand, the walking style, or even how to type on the keyboard, can be used to provide a secure signature for the login.
A team from the Systems Engineering Department at Lagos University in Nigeria discovered that people can get to know other people through the unparalleled nature of laughter because laughter is almost unimaginable, unlike sound and the way of speaking.
To this end, researchers have identified various audible frequencies in a person's laugh that can be used to create a digital signature that resembles the minute details found by fingerprint readers.
According to the study published in the International Journal of Biometrics, the identification algorithm established by the team is 90% accurate, and may be good enough for some consumer applications.
For example, laughter-based security can replace the use of voice recognition, and for systems that must be very safe, the accuracy of the laughter recognition algorithm must be improved.
The team concluded that laughter has proven to be a viable, biocompatible feature for person identification and can be integrated into AI systems in a variety of applications.
And according to each person's different sense of humor, and what seems funny to someone may be otherwise for another person, one possible problem with using laughter as a biometric signature is that the system it uses for secure login must laugh the person.
Moreover, some things may look funny at some point and not funny when your mood changes.
While laughter can be used as a digital signature, it is hardly good enough for systems that require fast login.
*************
No comments:
Post a Comment