The Markets:
The Asian markets closed down NIK down by .98% HSI down by 1.84% SHANG down by 1.10%
The UK markets are currently trading in the red mostly from .16% to .44% the OMX is green up by .43%
Our futures are currently trading down DOW at 34695 by .35% SNP at 4386 down by .35% NDX at 14903 down by .17%
Precious Metals:
Gold is green at 1785 Silver is red at 23.24 Copper is green at 406 Platinum is green at 981
Brent 66 WTI 63 Bitcoin: 44,975 10 yr yield: 1.23
Favorite Currencies Forex QuotesSymbol | Bid | Ask | High | Low | Open | Change | Time |
---|
USD/IQD | 1433.9000 | 1485.3000 | 1457.8000 | 1457.8000 | 1457.8000 | 1.1000 | 06:07 | USD/VND | 22491.9200 | 23177.1000 | 22820.7400 | 22810.0300 | 22812.4700 | -1.7000 | 06:07 | USD/CNY | 6.4982 | 6.5002 | 6.5029 | 6.4931 | 6.4931 | 0.0044 | 06:24 | USD/KWD | 0.3006 | 0.3016 | 0.3010 | 0.3010 | 0.3010 | -0.0001 | 02:47 | GBP/USD | 1.3612 | 1.3613 | 1.3643 | 1.3609 | 1.3633 | -0.0021 | 06:26 | USD/IRR | 42000.0000 | 42210.0000 | 42097.5000 | 42097.5000 | 42097.5000 | 0.0000 | 00:00 | USD/IDR | 14423.0000 | 14466.0000 | 14510.0000 | 14442.0000 | 14493.0000 | -38.0000 | 06:25 |
|
Things in the News:
Iraqi Articles:
The white paper and the private sector
link
Historically and in the most important experiences, the private sector has not had the invisible hand that regulates its decisive performance in establishing the modern state with its government and sovereignty. On the contrary, the state had a decisive role in creating the conditions for the success of the private sector, from creating markets externally and internally, to interfering with scales, prices and specifications. It prevents what floats basic needs with social justice, and that is why it was said (a person without a state loses everything).
The principle of the state’s reference in managing the economy is the cornerstone, and this does not mean closing down as much as it means promoting openness to the private sector in the light of this.
Is our private sector ready for this role? Yes, it will be ready whenever the law is supportive, and we know that, in practice, there is no representative of this sector legally, as the largest alignment belongs to the public sector, which is still seeking to rehabilitate the financial sector, including reforming government banks, and enabling the civil ones, to play Her required role as stated in the white paper p. 54.
How can private banks organize with the financial sector when it is not qualified after 18 years of striving and programs to rehabilitate the Rafidain and Rasheed Banks? Also, mere qualification does not mean that private banks integrate with the two banks or with the Central Bank, automatically with a unified development policy.
The reason is known, which is the banks that violate the simplest rules of banking, which did not shed enough light on them, so that depositors regain confidence in banking work, so the role of private banks has become specific.
By 10% or less, not to mention the supporting confusion. Transparency in it is not just a guide to integrity, but rather it is a vital element without which it is impossible to imagine any complete success.
As long as there was money outside banks equivalent to two-thirds of the monetary bloc, the internal and external debt was a solution, and with a budget deficit, the opponents of the white paper were tossing it around, a deficit that comes in the context of the growing relationship with the International Monetary Fund and the World Bank.
But the arc is still detached. Retreat does not serve anyone, and so does closure. After an experience that took place in the public and private spheres before and after 2003, we were not envious of it, so it deserved and fulfilled the review.
The white paper is well aware of the seriousness of the matter from structural adjustment to trade liberalization and its objective and subjective growth factors. It was subjected to constructive criticism from parties that were active in the two phases before and after 2003, and it cannot be compromised in any case, but rather to proceed with the national option through e-governance and e-government with a national will First .
An Iraqi plan to develop air defense... with big money!
link
Today, Friday, the Joint Operations Command in Iraq announced a plan to develop the air defense force and equip it with advanced radars, and pointed out that implementing the plan requires huge funds .
The spokesman for the Joint Operations Command, Major General Tahsin al-Khafaji, said, "The Air Defense Command possesses radars, as well as medium and low air defense weapons," noting that "the command needs other advanced weapons in the field of high altitudes, and in the field of radar detection in the field of discrimination, This takes a lot of money ."
Al-Khafaji explained that "there is a plan to develop the Air Defense Force and the Air Defense Command, including advanced radars and weapons that enable them to confront and destroy any target trying to penetrate Iraqi airspace," noting that "the plan includes purchasing advanced equipment, as well as training cadres in a professional manner so that it can perform its duty." According to the advanced weapons can be obtained ."
He explained that "there are no specific countries to purchase this equipment, and if funds are available, there is a committee that selects the appropriate weapon for the Iraqi environment, capabilities and capabilities, as well as challenges," noting that "the process of deploying radars and the extent of their need is related to the funds allocated according to the diagnosis of the field of operations and as needed ."
The Parliamentary Security and Defense Committee called, earlier, to increase financial support for the Iraqi air defense, and stressed the government's endeavor to provide Iraq with a modern air defense system .
The Deputy Chairman of the Parliamentary Security and Defense Committee, Nayef Al-Shammari, said in a statement to the Iraqi News Agency (INA): "The financial budget for 2021 included allocations to provide the Iraqi armed forces with modern equipment to keep pace with the development taking place in the armies of the world ."
He added, "The committee held several meetings with the Minister of Defense and the Commander of Air Defense in this regard," stressing "the Minister of Defense's keenness to build an integrated air defense system ."
Al-Shammari indicated that "the government will contract during the next few months with important companies to provide Iraq with a modern integrated air defense system," noting that "the contract is within the jurisdiction of the Ministry of Defense exclusively, and through the Department of Equipment and Armament in the ministry, and that the Parliamentary Security and Defense Committee will monitor all contracts that The Ministry of Defense concludes it.
Parliamentary Economy: The Iraqi government did not control the currency auction in the country
link
Member of Parliament Nada Shaker confirmed, today, Friday, that the Iraqi government has not yet controlled the currency auction in the country.
Shaker said in a statement followed by (Al-Oula News), that "the Iraqi government did not impose its control over the currency auction, as there are many fake remittances, which contributed to the smuggling of hard currency outside the country, which was directly reflected on the economic reality in Iraq."
She added, "There are several ways to control foreign remittances, including imposing taxes and levies on each authorization, and thus preventing any person or merchant from manipulating the currency auction by deducting the entry tax for goods and merchandise directly during the transfer," noting that "this procedure will solve the problem of border crossings." and counterfeit remittances.
Shaker continued, "The government is unable to impose its control by setting prices in the markets, and it also does not have the ability to establish cooperative markets to provide goods, services and foodstuffs at subsidized prices."
She pointed out that "the Prime Minister is sitting in an ivory tower, and does not know what is happening in the country and the difficult living conditions experienced by the citizens," noting that "the Prime Minister's advisors conveyed to him a mirror image of the reality of the country and that it lives in a state of economic prosperity."
Vice President of Kurdistan Region: The international coalition will not leave Iraq
link

Sheikh Jaafar Sheikh Mustafa, Vice President of Kurdistan Region for Military Affairs, said that the international coalition forces will not leave Iraq.
Sheikh Jaafar said, in a statement carried by the National Union media, that he does not believe that the coalition forces will leave Iraq and the Kurdistan Region, noting that in Iraq there are several components, and there are Shiites, Sunnis and Kurds, and everyone is involved in the federal government.
He also ruled out the possibility of any conflict between the Kurdistan Region and the federal government in the event of any withdrawal of coalition forces from the country.
Sheikh Jaafar added Sheikh Mustafa, a leader in the Patriotic Union of Kurdistan. In the Kurdistan Region, there are the Peshmerga forces, which are capable forces and were able to confront the most extremist and violent organizations in the world, which is ISIS, and they defeated it, without the help of any soldier from the coalition and were able to defend the people and land of the Kurdistan Region.
State of Law and Asa’ib rejected al-Sadr’s conditions.. Behind the scenes of the Shiite blocs meeting regarding the October elections in Iraq
link
The Shiite parties intensified their meetings, during the past three days, to respond to the conditions of the leader of the Sadrist movement, Muqtada al-Sadr, to refrain . from boycotting the elections On Wednesday, sources revealed, according to Al-Sharq al-Awsat newspaper, about two "necessary" conditions for Al-Sadr before announcing his return to the electoral race, namely postponing the date until an agreed upon notice, and condemning the ."uncontrolled arms" groups Senior political sources said, "The meetings witnessed flexibility in dealing with AlSadr's position, driven by concern about holding elections based on the imbalance in ".Shiite representation ding to the sources, "the main forces still want the elections to be held in October, but they opened the door to postponement, provided that such a decision is ".agreed upon by the Shiite forces
The sources confirmed that "representatives of al-Sadr attended one of those meetings and informed the attendees of al-Sadr's condition to postpone the poll to another date," noting that "the State of Law coalition led by former Prime Minister Nuri al-Maliki, and the Asa'ib Ahl al-Haq movement, the most prominent blocs insisting on rejecting al-Sadr's conditions, and proceeding to the date set by the .Commission The sources quoted one of the attendees as saying that "Al-Sadr can play the role of ".the political opposition in the country, and he is free to do so But fears dominate the rest of the "Shiite partners of bearing the political repercussions of al-Sadr's absence," and they are more inclined to continue to pressure him and persuade him to return, according to what was nominated from . those meetings
The wings of the political factions tried to respond to security concerns about holding the polls on time, by saying that "(the Popular Mobilization Authority) can secure a ".safe environment for voters and candidates But the crisis with the leader of the Sadrist movement is much deeper than that, as far as security concerns are concerned. Al-Sadr sees, according to those close to his office, quoted by Asharq Al-Awsat, saying, "The armed groups are sticking to the election date in order to control the next government, amid the absence of political ".and popular forces from the electoral process
The Shiite parties' meetings concluded that "the postponement option has been put on the table in the coming days, and that making a decision on it depends on Shiite ".consensus on it The election boycott team gained political momentum, after the President of the Republic, Barham Salih, called for a comprehensive national dialogue to address concerns about holding the elections on schedule. Saleh warned, during a speech broadcast on state television on the occasion of the 10th of Muharram, against "underestimating the challenges surrounding the electoral process, and that we should deal seriously with the concerns surrounding them through a national ".dialogue to reassure Iraqis and close the gaps
Saleh's word gained wide political interaction, and observers circulated it with different political interpretations that touched on the date of the poll, whether it was . a key to postponing it However, high-ranking political sources confirmed that "(The Peace Palace) is not involved in the partisan debate over the elections, but it is keen to hold the elections on time, but in a favorable atmosphere that guarantees the reassurance of all the ".actors in the upcoming poll
A member of the team formed by Prime Minister Mustafa Al-Kazemi to persuade the boycotters to return said that the president's call is consistent with their efforts to .reassure the political actors objecting to holding the vote on time.
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.
Click on the link above for the latest update.
The CBI for rate is 1460
The currency auction For August , 2021 total sales amount $ .
ISX Update:
www.isx-iq.net/
Shares Traded: not updated for today
Value Traded: not updated for today
https://www.dinarguru.com/8-19-2021 Intel Guru MarkZ [via PDK] [Is it possible tomorrow could be the RV day?] Absolutely…Any minute now is fair game as we move forward…imo.
8-19-2021 Crypto Guru Wendy O I was watching an episode with her and when these people came to the west there was a couple…they spoke English but they weren’t able to read. They purchased a piece of property but they were never given a deed because they couldn’t read so they had to get the sheriff involved…the sheriff was like you don’t have a deed and [the couple] are like we can’t read why would I get a deed. That goes to show you how important documents are…proof of ownership for things…even though it’s like way back in the Wild Wild West if you have an NFT to prove ownership that you own this land or property it would be yours forever. [Post 2 of 2]8-19-2021 Crypto Guru Wendy O Question: [What do you see the future of crypto and the NFT [Non-Fungible Token] sector being like in the next five years? How active do you think that will become in your day-to-day life?] It’s going to be insane. I mean NFT is going to be a game changer in healthcare, real estate, for artists, for musicians. Think of anything that you need to prove ownership of…like a will, legal documents…it provides real ownership…I think that’s a very powerful tool for people…My daughter is so cool she loves this show called Gunsmoke…it’s an old cowboy western… [Post 1 of 2....stay tuned]8-19-2021 Newshound Guru MilitiaMan The exchange rate will remain the same for the next five years. At a program rate - that's not what they're talking about as far as I'm concerned because that's this phase. The next phase is going international. This is not an internal revaluation. It's going to be an external reinstatement revaluation. IMO that's why they told us they were going to have a directed or a managed float for 5 years. This...is actually 'knock it out of the park BIG' as far as I'm concerned...if they keep it stable that's good for you, me and everybody...8-19-2021 Newshound/Intel Guru Mnt Goat The news this period is all about implementing the White Paper...The good news is on Wednesday, Finance Minister Ali Abdel Amir Allawi set the priorities of the white paper. The Minister of Finance continues to stress that “one of the priorities of the white paper is the reform of financial management systems. How can they do this without reforming the currency too? As I explained before the CBI is moving ahead with planning for a January 2022 reinstatement. Will they do it? Can they do it? 8-19-2021 Intel Guru MarkZ [via PDK] [Will the situation in Afghanistan change anything timing wise?] No...I see the situation in Afghanistan speeding up, at least the reinstatement of value for the Iraqi dinar. I think they are terrified of a lack of security in the region. Because they have not moved forward with the reinstatement it is causing a lot of tension. They run the risk of losing control of the government that is now in place in Iraq. So if anything it should speed this up…at least on the reinstatement of the dinar if they would go ahead and pull that trigger and not the entire GCR for now. Maybe we could at least see Iraq moving forward. Still great chatter out of Iraq and they are geared up for it…they could pull that trigger at any moment. It would not surprise me to get that call.8-19-2021 Intel Guru Frank26 [Firefly boots-on-the-ground in Iraq] FIREFLY - The news is showing us Iraq has purchased more than 300 advanced ATM machines. FRANK - ...They want to show you how to use them. They can't tell you it's a new exchange rate. They didn't show you the new currency yet. But they're showing you everything else aren't they buddy! ...BTW they didn't just buy them, they delivered them. FIREFLY - they're telling us these are the most advanced state of the art ATMs an individual can use. FRANK - These ATMs are programed for the new small category notes and the new exchange rate...there's a reason why they're being activated now. You know that reason because they've been explaining it to you for almost two weeks... FIREFLY - ...What they've been saying on TV has never been said to us before as Iraqi citizens...8-19-2021 Newshound Guru Kaperoni I have stated many times before only with the success of diversifying Iraq's economy and creating a private sector can the dinar go up in value. Iraq has a lot of work to do. There is no RV coming today or tomorrow. Only with the growth of the economy can the dinar appreciate...Raising the value of the dinar is not some arbitrary event, it's a reaction to a country's economic growth and inflation.
Catnip's Corner:
************
ARTICLE 1 (from PM Kadhimi's website)
At the time this article was submitted, there are no new articles posted on PM Kadhimi's website.
*************
ARTICLE 2 (from Government of Iraq twitter account)
8-19-2021 around 3:15 am Eastern On the occasion of Ashura, we extend our condolences to Muslims in Iraq and around the world, and honour the sacrifices and the martyrdom of Imam Hussein, peace be upon him, and his companions in defence of justice and dignity.
*************
ARTICLE 3
The chants of the participants on the tenth of Muharram call for exposing the corrupt and fighting them
08/19/ 2021 11:45
Baghdad / Obelisk: Ashura celebrations reach their climax, Thursday, August 19, 2021, in Karbala on the tenth of Muharram, while the international media focused on transmitting scenes of sad celebrations, in memory of the martyrdom of Imam Hussein, peace be upon him, grandson of the Prophet Muhammad (peace be upon him).
The largest Ashura ceremonies take place in Karbala, where the shrine of Hussein, and one of the most prominent manifestations of its revival is going out in parade processions that express sadness with poems and chants, and beatings on the chests.
Muharram is the first month of the Hijri year, in which rituals and ceremonies are held to commemorate the martyrdom of Imam Hussein in 680 AD in Karbala.
Usually, millions of visitors from all over the world flock to Iraq for prayer, worship and supplication, while food is distributed free of charge to all.
Officials and clerics have repeatedly urged citizens to be careful and prevent during the visit due to the high risk of infection with the emerging corona virus.
In a remarkable development in the Husseini discourse, the preachers and poets focus on denouncing the corrupt in the political class and state institutions, while religious processions refused to visit officials.
Hussainiya processions witnessed the raising of slogans and chants against corrupt politicians and calling for reform, in conjunction with a noticeable absence of officials from attending those processions for fear of public criticism.
The participants in the processions frequently chant slogans and slogans condemning corruption and the corrupt and calling for them to be held accountable and responsible for the deterioration of things in the country.
In Karbala, activists participating in the Husseini mourning processions from all provinces continued to criticize corrupt and incompetent partisan officials.
On Thursday, August 19, 2021, the media department of the Husseiniya shrine announced the participation of more than 400 media professionals in covering the visit of the 10th of Muharram and the commemoration of the Taff incident.
*************
ARTICLE 4
Iraqi Oil Minister: We have developed plans that provide a suitable environment for international companies
August 19, 2021 2:01 PM
Mubasher: Iraqi Oil Minister Ihsan Abdul-Jabbar Ismail confirmed that the ministry has laid out its plans to provide an appropriate investment environment for international companies.
Ismail said on the sidelines of his participation in a video meeting with the American Chamber of Commerce in Houston, in a statement by the Ministry of Oil, received by the Iraqi News Agency "INA", today, Wednesday, that "the ministry has put in its plans and priorities to provide the appropriate investment environment for international companies wishing to work in Iraq, especially in the gas sectors." clean and renewable energy, infrastructure development, and environmental improvement.
The Minister of Oil stressed the keenness of the government and the ministry to develop the oil and gas sector and increase the volume of investments in clean and renewable energy projects in cooperation with specialized international companies.
Ismail indicated that "the meeting included representatives of American companies and the ministries of energy, trade, and the US State Department, as well as the Iraqi ambassador in Washington," noting that "the meeting comes within the framework of strengthening bilateral relations between the two countries, and discussing cooperation mechanisms for current and future investment projects in The field of oil, gas and clean and renewable energy.
*************
ARTICLE 5
A revolutionary technology to avoid heart attacks and strokes
2021-08-19 10:19
Shafak News/ Cardiovascular diseases are the main cause of death in the world, but a new scientific method can reduce these deaths through what is known as improving "early warning" systems.
When fat, cholesterol and other substances accumulate, they form what is known as "plaques" in the arteries that supply the heart, sometimes leading to a heart attack.
And a new study prepared by researchers at the University of Michigan, USA, was able to create an early induction system, which is based on the use of nanoparticles that form plaques, so that they emit ultrasound waves.
Study author Brian Smith says that the strength of the new method is its selectivity. If you look at a normal blood vessel and another containing plaques, there will be a lot of macrophages and monocytes in the blood vessel that contains the plaques.
He added that the early warning looks only at blood vessels that contain macrophages and monocytes, noting that no other cells take nanoparticles.
Once the immune cells have taken up the nanoparticles, the team can shine a laser light into the arteries to look for them.
These nanoparticles respond to light by emitting ultrasound waves, which can be translated by a special device, alerting scientists to the presence of plaques.
The team tested the idea on an experimental group of mice, and found that the nanoparticles allowed the team to identify plaques six times better than the control group.
*************
No comments:
Post a Comment