KTFA
Samson » August 5th, 2019
Oil prices are falling as the US-China trade war fuels growth concerns
5th August, 2019
Oil prices fell on Monday amid fears of a drop in crude demand after US President Donald Trump said he would impose tariffs on more Chinese imports, which could escalate a trade war between the world's two largest economies
Tensions in the Middle East have given some support to prices, with Iran seizing a tanker it says is smuggling oil
London Brent crude <LCOc1> was down 50 cents, or 0.8 percent, at $ 61.39 a barrel by 0029 GMT. US benchmark WTI was no better than its predecessor, dropping 24 cents, or 0.4 percent, to $ 55.42 a barrel
Both benchmarks fell last week, with Brent down more than 2 percent and US crude down nearly 1 percent
"Demand for oil is disappointing ... in 2019 due to weak economic activity, unfavorable weather and trade tension," Goldman Sachs said in a research report
Trump said last week he would impose a 10 percent fee on $ 300 billion of Chinese imports and said he could raise fees more if Chinese President Xi Jinping failed to move more quickly to reach a trade deal between the two countries
Trump's announcement extends US tariffs to almost all Chinese imports
China vowed on Friday to respond to Trump's decision, a move that ended a month-long trade truce
The trade war is affecting economic growth, reducing demand for commodities such as oil LINK
Support calls for the dismissal of the Minister of Finance
2019/8/5 8:49
MP from the opposition wisdom bloc Hassan Fadom, called for the dismissal of Finance Minister Fuad Hussein.
He said on his account Twitter, "The Iraqi Minister of Finance recognizes 4 trillion dinars means 4 billion dinars to the region without legal support and without handing over the territory of liters or dinars of one of the federal revenues of the Iraqi budget."
He added: "I mean, but they take and what they are inclined to .. They eat well and blind ... the Minister of Finance must be dismissed." LINK
Integrity: Recovery and prevention of waste trillion and 312 billion and the transfer of nearly 2000 accused to the judiciary
2019/8/5 9:39
The Commission on Integrity revealed details of its achievements and investigative, legal, preventive and educational work for the first half of 2019, announcing its semi-annual report, highlighting the achievement of its departments and directorates and offices of investigation throughout Iraq except the Kurdistan region.
The Commission confirmed in a statement received by the {Euphrates News} a copy of it, and in the announcement of its semi-report, that "public funds recovered or issued judicial rulings refunded and which stopped and stopped the body wasted and which was returned to the account of the treasury amounted to {1,312,571,395,038} trillion dinars During this period exclusively."
It pointed out that "its consideration in the {9571} of the communication and news and criminal case, indicating that the number of communications was 2089, while the number of informants amounted to 2699 news, and the cases of criminal cases amounted to 4783. She pointed out that "the number of defendants referred to the Court of First Instance - misdemeanors and felonies - {1939} defendants, including 5 ministers and their degree, where they were sentenced to 5 decisions of referral, and the number of referrals to the judiciary of special grades and general managers 100 defendants, issued 137 Decision to refer".
The investigations led to the issuance of 857 arrest warrants by the judicial authorities, of which 407 were executed during the first half of the current year, while the number of ministers and those of the same rank who were issued an arrest warrant 8, 16 arrest warrants, 106 arrest warrants issued against 46 of the With special grades and general managers".
The number of judicial recruits issued pursuant to the Authority's investigations during the same period reached 2866, of which {2014} were executed, indicating that the number of ministers and their class who were issued with recruiting orders was 12 issued against 12 recruiting orders, at a time when the number of those issued Of which 98 were issued with 129 orders, as well as 1124 judicial warrants, one of which against a minister, and six memoranda against four accused of special rank and general managers."
The report reviewed "the number of accused and criminal cases, estimated amounts and cases covered by the amnesty law, indicating that the total covered in relation to cases of corruption referred by the Commission amounted to 986 accused and sentenced in 647 criminal cases."
The Commission pointed out in its report to "seizures and seized funds carried out during the first half of this year, noting that it carried out 306 seizures, and that the number of defendants in those operations amounted to 691 accused, reinforced by the criminal features that have been seized and installed in the records of fundamentalist seizures The agency submitted to the investigative authorities, pointing out that the seized funds in those operations nearly a total of eighteen billion dinars and half a billion. In the same period, the Commission worked on "83 files of fugitives wanted in cases of corruption, prepared 54 files, while at the same time worked on 197 files to recover the money smuggled."
During the same year, the Commission received a financial disclosure form (18552). (72.4 percent), while the members of the House of Representatives had a response rate of 20.6 percent, with only 67 deputies disclosed their financial liabilities from the total of 326 deputies until the middle of the year.
The report pointed out that the Authority "monitored the integrity and validity of the data provided in the financial statements of 3251 covered by 41 entities, highlighting the draft legislation and laws completed and proposed by the Authority and the measures taken in respect of it during the same period, as well as the educational awareness activities launched by the During this period." LINK
China's currency plunges to below 2008 levels due to tariffs
5th August, 2019
China's yuan has fallen against the dollar by more than 0.80 percent to hit more than 7 yuan for the first time since 2008 on speculation Beijing would allow devaluation to counter the threat of President Donald Trump's latest tariff threat.
The exchange rate fell 1.2% to $ 7.0256 at 10:19 am after the People's Bank of China set its daily reference rate at a weaker level of 6.9 for the first time since December. Overseas yuan fell about 1.9% to a record high, while the Shanghai index fell 0.3%.
This comes after the United States announced a sudden escalation of the trade war between the world's two largest economies, with Trump announcing a 10 percent trade fee on additional Chinese goods worth $ 300 billion since Sept. 1.
The weakening yuan helps fuel Washington's trade complaints. The US Treasury Department in May refused to describe China as a currency manipulator, but said it was keeping a close eye on Beijing. LINK
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
Samson » August 5th, 2019
Oil prices are falling as the US-China trade war fuels growth concerns
5th August, 2019
Oil prices fell on Monday amid fears of a drop in crude demand after US President Donald Trump said he would impose tariffs on more Chinese imports, which could escalate a trade war between the world's two largest economies
Tensions in the Middle East have given some support to prices, with Iran seizing a tanker it says is smuggling oil
London Brent crude <LCOc1> was down 50 cents, or 0.8 percent, at $ 61.39 a barrel by 0029 GMT. US benchmark WTI was no better than its predecessor, dropping 24 cents, or 0.4 percent, to $ 55.42 a barrel
Both benchmarks fell last week, with Brent down more than 2 percent and US crude down nearly 1 percent
"Demand for oil is disappointing ... in 2019 due to weak economic activity, unfavorable weather and trade tension," Goldman Sachs said in a research report
Trump said last week he would impose a 10 percent fee on $ 300 billion of Chinese imports and said he could raise fees more if Chinese President Xi Jinping failed to move more quickly to reach a trade deal between the two countries
Trump's announcement extends US tariffs to almost all Chinese imports
China vowed on Friday to respond to Trump's decision, a move that ended a month-long trade truce
The trade war is affecting economic growth, reducing demand for commodities such as oil LINK
Support calls for the dismissal of the Minister of Finance
2019/8/5 8:49
MP from the opposition wisdom bloc Hassan Fadom, called for the dismissal of Finance Minister Fuad Hussein.
He said on his account Twitter, "The Iraqi Minister of Finance recognizes 4 trillion dinars means 4 billion dinars to the region without legal support and without handing over the territory of liters or dinars of one of the federal revenues of the Iraqi budget."
He added: "I mean, but they take and what they are inclined to .. They eat well and blind ... the Minister of Finance must be dismissed." LINK
Integrity: Recovery and prevention of waste trillion and 312 billion and the transfer of nearly 2000 accused to the judiciary
2019/8/5 9:39
The Commission on Integrity revealed details of its achievements and investigative, legal, preventive and educational work for the first half of 2019, announcing its semi-annual report, highlighting the achievement of its departments and directorates and offices of investigation throughout Iraq except the Kurdistan region.
The Commission confirmed in a statement received by the {Euphrates News} a copy of it, and in the announcement of its semi-report, that "public funds recovered or issued judicial rulings refunded and which stopped and stopped the body wasted and which was returned to the account of the treasury amounted to {1,312,571,395,038} trillion dinars During this period exclusively."
It pointed out that "its consideration in the {9571} of the communication and news and criminal case, indicating that the number of communications was 2089, while the number of informants amounted to 2699 news, and the cases of criminal cases amounted to 4783. She pointed out that "the number of defendants referred to the Court of First Instance - misdemeanors and felonies - {1939} defendants, including 5 ministers and their degree, where they were sentenced to 5 decisions of referral, and the number of referrals to the judiciary of special grades and general managers 100 defendants, issued 137 Decision to refer".
The investigations led to the issuance of 857 arrest warrants by the judicial authorities, of which 407 were executed during the first half of the current year, while the number of ministers and those of the same rank who were issued an arrest warrant 8, 16 arrest warrants, 106 arrest warrants issued against 46 of the With special grades and general managers".
The number of judicial recruits issued pursuant to the Authority's investigations during the same period reached 2866, of which {2014} were executed, indicating that the number of ministers and their class who were issued with recruiting orders was 12 issued against 12 recruiting orders, at a time when the number of those issued Of which 98 were issued with 129 orders, as well as 1124 judicial warrants, one of which against a minister, and six memoranda against four accused of special rank and general managers."
The report reviewed "the number of accused and criminal cases, estimated amounts and cases covered by the amnesty law, indicating that the total covered in relation to cases of corruption referred by the Commission amounted to 986 accused and sentenced in 647 criminal cases."
The Commission pointed out in its report to "seizures and seized funds carried out during the first half of this year, noting that it carried out 306 seizures, and that the number of defendants in those operations amounted to 691 accused, reinforced by the criminal features that have been seized and installed in the records of fundamentalist seizures The agency submitted to the investigative authorities, pointing out that the seized funds in those operations nearly a total of eighteen billion dinars and half a billion. In the same period, the Commission worked on "83 files of fugitives wanted in cases of corruption, prepared 54 files, while at the same time worked on 197 files to recover the money smuggled."
During the same year, the Commission received a financial disclosure form (18552). (72.4 percent), while the members of the House of Representatives had a response rate of 20.6 percent, with only 67 deputies disclosed their financial liabilities from the total of 326 deputies until the middle of the year.
The report pointed out that the Authority "monitored the integrity and validity of the data provided in the financial statements of 3251 covered by 41 entities, highlighting the draft legislation and laws completed and proposed by the Authority and the measures taken in respect of it during the same period, as well as the educational awareness activities launched by the During this period." LINK
China's currency plunges to below 2008 levels due to tariffs
5th August, 2019
China's yuan has fallen against the dollar by more than 0.80 percent to hit more than 7 yuan for the first time since 2008 on speculation Beijing would allow devaluation to counter the threat of President Donald Trump's latest tariff threat.
The exchange rate fell 1.2% to $ 7.0256 at 10:19 am after the People's Bank of China set its daily reference rate at a weaker level of 6.9 for the first time since December. Overseas yuan fell about 1.9% to a record high, while the Shanghai index fell 0.3%.
This comes after the United States announced a sudden escalation of the trade war between the world's two largest economies, with Trump announcing a 10 percent trade fee on additional Chinese goods worth $ 300 billion since Sept. 1.
The weakening yuan helps fuel Washington's trade complaints. The US Treasury Department in May refused to describe China as a currency manipulator, but said it was keeping a close eye on Beijing. LINK
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
0 Comments: