Gold gets a boost from US dollar, equities weakness

MarketWatch4 hours ago

Gold prices climbed Wednesday to recoup much of their losses from the previous session. Weakness in the U.S. dollar and losses in the stock market drew investors to the perceived safety of gold as the market awaited clues on any changes to monetary …
Posted in Uncategorized.
Gold gets a boost from US dollar, equities weakness

MarketWatch1 hour ago

Gold prices climbed Wednesday to recoup much of their losses from the previous session. Weakness in the U.S. dollar and losses in the stock market drew investors to the perceived safety of gold as the market awaited clues on any changes to monetary …
Posted in Uncategorized.
Iraq announces the export of 100 million barrels of oil last month

The Ministry of Oil, Wednesday, the rate of exports and revenues achieved for the month of July, according to the final statistics issued by the Iraqi oil marketing company "Sumo".

"The total quantities of crude oil exported last July from oil fields in central and southern Iraq amounted to 100 million barrels with revenues of (4) billion and (400) million barrels of oil, Million dollars, "adding that" while the statistics did not record the export of quantities of crude oil to Kirkuk fields through the port of Ceyhan, Turkey. "

Jihad added that "the average price per barrel amounted to (44) dollars."

The Spokesman pointed out that "the exported quantities were loaded by (33) international companies of different nationalities, from the ports of Basra and Khor Al-Amaya and the monolithic buoys on the Gulf."

This is a condition for Barzani to postpone the separation

President of the Kurdistan region Massoud Barzani said it is impossible to retreat from the referendum only if the provision of international guarantees written to the Kurds without specifying the nature of those guarantees.

He said during a meeting with a large number of Peshmerga and social figures, followed by "Sky Press" that the Kurds tried all ways to solve problems with the central government in Baghdad, but unfortunately all failed.

He pointed out that he feared that others would ask the Kurdish side to return to the border line during the time of former regime president Saddam Hussein, indicating that many intend to come to Kurdistan to say go back to that line, leaving the areas of Khanaqin, Kirkuk, Sinjar and Makhmor and other areas that were supposed to resolve the subject In accordance with Article 140 of the Iraqi Constitution.

He said in his speech that although there is no doubt in the Kurdish areas, but Baghdad did not implement Article 140 came an organization calling the terrorist divided the area in practice.

He said that in order to avoid wars, the Kurdistan region decided to hold the referendum for independence, which he called the wise decision, stressing that "it is impossible for us to withdraw from the referendum and will be held on September 25 next unless there is a written international guarantees, An ambassador here or there does not make us leave this decision. "

"If we succeed, God willing, the independence will succeed, then form your state and your government as you like," Barzani told the people of the region. "I have the responsibility and the willingness to sacrifice myself."

"We want to establish a democratic state that belongs to all components, to emerge from the state of anxiety and hesitation and to become an independent state in order to save future generations of problems in order to live in peace."

During a meeting with representatives of Christians, Yazidis, Turkmen, Armenians and other components in the Kurdistan region, Barzani said: "We will bear anything, but we will not postpone the referendum even if only for one minute."

"There are those who say that the referendum is not in the interest of Iraq and the region and we tell them that postponing the referendum is not in the interests of the Kurds as well."

He pointed out that "the referendum will not affect in any way the war against the organization is calling for" .. He said that "the Iraqi constitution has granted us the right of independence.

" He explained that all the components of the Kurdistan will participate in writing the Constitution of the independent state, "pointing out that" the system of government in the state of Kurdistan will not be federal. "

Abadi threatens Kurdistan with military measures to prevent independence

Prime Minister Haider al-Abbadi, US Secretary of Defense James Matisse sent a message "threat" military and economic to the President of the Kurdistan region of Iraq Massoud Barzani in the event of a referendum on the independence of Kurdistan.

"The federal government is considering military and economic measures on cooperation with the semi-independent Kurdistan region if its authorities hold a referendum that paves the way for the declaration of the Kurdish state," Abbadi Matis, who arrived in Baghdad on Tuesday, told a surprise visit.

Shortly after his arrival in Baghdad, Matisse held a meeting with Abadi, attended by Prime Minister Nawfal al-Hassan’s special advisor and Iraqi Defense Minister Irfan al-Hayali.

"The United States supports the maintenance of the unity of Iraq and rejects any," he said. "The United States supports Iraq in its fight against terrorism and praises the victories that have been achieved." Action aimed at dividing it and destabilizing it ".

According to a senior official in the office of Abadi, the Iraqi prime minister and US defense minister agreed during the meeting to reject the Kurdish referendum on independence.

The official said, in a statement to the "Arabs", "The Minister of Defense carries a clear vision on the Kurdish referendum and what can lead to complications, if the Kurdistan Region authorities insisted on it." 9%84

Barzani: "The biggest mistake in my life that I became president of Kurdistan"

Revealed the head of the Kurdistan region Massoud Barzani, not his intention to re-run for the presidency of the region, stressing the need for circulation of power in the region, noting that "the biggest mistake in his life became president of Kurdistan.

Barzani said in an interview, followed by "Sky Press", that "I will not nominate for the presidency and the worst thing in my life is that I became president of the Kurdistan region."

He added that "the Kurds agreed to partnership with Iraq to open a new page, but there was no change in the mentality of power in Baghdad, expressing his desire to resolve issues with Baghdad."

Barzani stressed that he would not withdraw from the referendum unless there is a written international guarantees for the Kurds without specifying the nature of those guarantees.

The Central Bank obligates banks to meet with the contracting authorities contracted for the purposes of regulation

The central bank on Wednesday ordered banks and remittance companies to meet with their consulting agencies for regulatory purposes.

The bank said in a statement that ‘to improve and achieve transparency in the work of Iraqi banks with the advisory bodies and in order to achieve the interest of the work, when the bank to contract with any consultant outside the bank to provide advisory services to him, the Central Bank is entitled to meet with this external consultant, whether before or after End Process’.

He added that ‘the objective is organizational matters for the purposes of discussion and review and identify the points to be highlighted and to see any priorities or reports requested by the bank’, indicating that ‘this comes in accordance with the provisions of Article 53 of the Law of Iraqi banks No. 94 of 2004’.

Iraqi forces storm the first neighborhoods of center # Tal Afar (pictures)


On Wednesday morning, 23 August, Iraqi Federal Police Commander Major-General Raed Jawdat announced the storming of the first district of the Tal Afar district, the last stronghold of the terrorist organization Da’ash in northwestern Iraq.

Jawdat said in a statement that the elite guerrillas and the rapid response backed by dozens of armored vehicles stormed the northern district of the struggle, the first neighborhoods west of Tal Afar, north of Baghdad.

Iraqi Prime Minister Haidar al-Abadi announced Tuesday (August 22nd) that the military units were advancing towards the center of Tal Afar amid the collapse of the terrorist organization Da’ash.

"The military units are advancing towards the center of Tal Afar amid the collapse of a terrorist," Abadi said. He pointed out that "the government is committed to the directives of the religious reference to ensure the rights of martyrs."