September 30, 2014 Analysts hail yuan-euro direct trading announcement
Analysts have given the thumbs up to the Chinese central bank’s announcement on Monday that the Chinese currency can now be traded directly against the euro in its interbank currency market. This would be a major boost to trade between China and the Eurozone, says Nordea. China stepped up plans to increase the international use of its currency last October with an agreement between the European Central Bank and the PBOC to swap euros and yuan. “From today, the USD is no longer needed for trading between CNY and EUR. The two currencies can be traded direct against each other. This would lower transaction cost in EURCNY trading and push for yuan internationalization,’ said Amy Yuan Zhuang, senior Asia analyst at Noredea Research. The yuan is now the second most-used currency in international trade after the US dollar.
September 30, 2014 Minister Kurds joining the government after Eid and pledges to settle financial files with Erbil stressed the Kurdistan Alliance that his ministers in the government of Haider Abadi Srddon section after the holiday of Eid al-Adha, noting that approval got to give Kurdistan region advance to the salaries of his staff, also reported that the promises launched by Baghdad to implement its demands, which he described constitutionalism, but observers found the resolution of the Kurdish late, expecting that this will contribute to the settlement of many of the differences between the two parties, particularly in the file financial benefits. said the Kurdistan Alliance MP Ribawar Taha Mustafa to «new morning» that «the Kurds agree in principle to participate in the government-Abadi», adding that «non-attendance in the session repeating section was to regulatory reasons related to more dialogues with other political blocs ». continued Mustafa that «our ministers will be present at the parliament session to be held after Eid al-Adha for repeating section and join the meetings of the Council of Ministers», noting that «all Kurdish parties will be represented and there is no absence or boycott any party ». pointed to «agreement within the region to exchange Hoshyar Zebari, Rose Nuri Shaways their tasks, it will occupy the first and the Ministry of Finance agreed that the second vice president of the Council of Ministers», pointing out that «we deserve the Ministry of third, according to political agreement and will get them within the bags that are still vacant ». sources indicate that the Kurds will get the Ministry of Women and nominee MP for the Kurdistan Democratic Party Vian intruder. sees Kurdish lawmaker that «with the region demands a constitutional promise Abadi implemented and it encouraged us to participate in his government The most important of the adoption of the law of oil and gas, and conducting the census and the implementation of Article 140 of the Constitution of the disputed areas, as well as the settlement file dues Peshmerga forces ». increased that «the prime minister and agreed to send an advance before the feast for the salaries of the staff of the province after that proceeded to cut the previous government due of the differences between the center and Erbil ». renewed KRG President Nechirvan Barzani, in (27 September 2014) the desire of the Kurdistan region in addressing all problems with Baghdad, returned at the same time the region's participation in the Iraqi government another opportunity to Ebadi to address the problems. part, said professor political science at Baghdad University, Ihsan al-Shammari to «new morning» that «the approval of the Kurds on the repeating section to their ministers step in the right direction», adding «but late and was supposed to be taken in conjunction with the granting of their cabinet colleagues confidence within the parliament; because they bear part of the government program ». continued Shammari that «Abadi succeeded in delivering messages reassuring to the Kurds content that the government would not result in the same round, which was born when he was Nuri al-Maliki as its head», promised «Back is an important step that will settle many of the political problems between the two parties», likely to « solutions are proposed within the framework of the Constitution; because Abadi did not want to introduce resolutions to defect legal ». finds Shammari that «the demands of the Kurds is not borne by the government, but shared also the House of Representatives; because he is responsible for passing laws», but it connects the success of the Prime Minister to persuade the Kurdish party b »decision on re-payment of salaries of employees of the province before Eid». stressed professor of political science at that «approving the budget would resolve a large portion of the outstanding differences with the Kurds; he will lay the legal framework for dealing with files financial benefits for the region». Regarding the deadline of (3 months) developed by the Kurds to Ebadi in the implementation of their demands Re-Shammari that «the region may turn a blind eye them with the passage of time if he felt that Abadi has a serious full to meet these demands». was the House of Representatives has given night (the eighth of September 2014 this month), the confidence of the Government of Haider al-Abadi, and his Ministerial, which was accompanied by a political agreement, in session «hot» lasted about two hours, it has 24 ministers section, while remained the ministries of interior, defense and Other Handbags, managed by proxy, after pledging Abadi deducted in later. source
September 30, 2014 Finance parliamentary calls for the ministries of oil and financial reports of oil revenues Plans to reform the system of financial management by the government program Demanded the parliamentary Finance Committee, the ministries of oil and finance by providing them with detailed reports about the volume of oil exports and financial resources before discussing the federal budget, as the government called for expediting send the budget in 2014 for the purpose of approval. In a press statement said committee member MP Mohsen Rustam said his committee made a formal request to the ministries of oil and finance by providing them with detailed reports about the volume of oil exports and fiscal revenue realized, as well as the size of the financial resources of actual spent in the previous months of the current year, to enable the Committee to discuss and approve the budget quickly. and added: «approving the federal budget for 2014 has become a necessity and urgency by the Board of House of Representatives, so should the Council of Ministers to speed up sending the budget to the parliament for the purpose of discussing and voting on them. it intends Finance Committee to continue the reform of public financial management system as stated in the government program for the year 2014.ons program on the application of the electronic system of private management of public finances of the state and the trend towards adoption of the budget programs, performance and implementation of reform programs, the tax system and financial, taking into consideration not burdening the poorer classes, intermediate and strengthen internal oversight function through the assessment of internal financial controls, including the role of internal auditors and inspectors general and the reduction of the phenomenon of smuggling and money laundering in implementation of commitments made by Iraq in the framework of FATF for the Middle East and North Africa and give it the utmost importance.
his part, said a member of the Finance Committee Mazen Mazini, a member of the House of Representatives «that the reform of the financial management system in the coming period will be a priority of the work of the Parliamentary Finance Committee because of their genuine desire in this matter» . said in statements to the media, «that the committee felt that leaving the issue of the politicization of the state budget, as happened during the last term and working professionally on real reform of the financial management of the country». Given that Iraq suffers from a lack of financial management system and one perfect fit for the application in all countries and under different circumstances but the appropriate system is the one that should take the process of design into consideration many of the frameworks and environmental dimensions, which include strategic state, the nature of the organizational structure, the nature of political philosophy adopted by the ruling elite, the size of government, the level of technological development, the opportunities and challenges offered by the environment surrounding the legal environment governing the performance of the government. to it, said a member of the House of Representatives of the Federation of Iraqi forces demanded Architect: The Commission plans to launch a strategic plan for its work over the coming years. added in his speech for »morning», that this plan could rise by financial management in the country and make it to the refineries, the neighboring countries and the world. Among it's necessary to work through the next phase on the amendment of the law, financial management and public debt towards the included material new legal preparation of the budget provides for the time limit is binding on the authority of the legislature (House of Representatives) in order to end the ongoing deliberations on the budget bill Federal and approval, and reliance on national experiences and try to involve professors and researchers in academic institutions in all Iraqi provinces to get rid of the lag happening in activities directed to the development of public financial management system in Iraq by foreign companies and the length of time it took to this activity since the year 2003 until now, high the size and cost of funds expended.
September 30, 2014 Cabinet: holiday Eid al-Adha begins Saturday and ends on Thursday next week Baghdad - The cabinet announced, Tuesday, that the holiday of Eid al-Adha begins Saturday and ends on Thursday next week. In a statement, said the Council had received "alsumaria news", a copy of it, "the holiday of Eid al-Adha will begin from Saturday until Thursday of next week." The Eid al-Adha is a Muslim and come after two months and ten days of Eid al-Fitr falls on 10 November after pause Arafa day which is the most important pillars of Hajj. source
August 29, 2014 WILLIAM FORSTCHEN DEPICTS ISIS TERROR ATTACK ON U.S. IN HIS NOVELLA "DAY OF WRATH" History Professor William Forstchen is known by many as the author of One Second After, a novel depicting the mass terror and chaos resulting from an Electric Magnetic Pulse (EMP) attack by an enemy of the United States. Now he has come out with a 144 page ebook, Day of Wrath, which imagines a low-tech ISIS attack at our most innocent and vulnerable -- our schools and highways. Forstchen's chilling scenario shows how easy it would be to inflict mass terror on the United States. CLICK HERE FOR FULL REPORT
September 30, 2014 REPORT: OBAMA HAS MISSED OVER HALF HIS SECOND-TERM DAILY INTEL BRIEFINGS A new Government Accountability Institute (GAI) report reveals that President Barack Obama has attended only 42.1% of his daily intelligence briefings (known officially as the Presidential Daily Brief, or PDB) in the 2,079 days of his presidency through September 29, 2014. The GAI report also included a breakdown of Obama’s PDB attendance record between terms; he attended 42.4% of his PDBs in his first term and 41.3% in his second. The GAI’s alarming findings come on the heels of Obama’s 60 Minutes comments on Sunday, wherein the president laid the blame for the Islamic State’s (ISIS) rapid rise squarely at the feet of his Director of National Intelligence James Clapper. “I think our head of the intelligence community, Jim Clapper, has acknowledged that I think they underestimated what had been taking place in Syria,” said Obama. According to Daily Beast reporter Eli Lake, members of the Defense establishment were “flabbergasted” by Obama’s attempt to shift blame. “Either the president doesn’t read the intelligence he’s getting or he’s bullshitting,” a former senior Pentagon official “who worked closely on the threat posed by Sunni jihadists in Syria and Iraq” told the Daily Beast. On Monday, others in the intelligence community similarly blasted Obama and said he’s shown longstanding disinterest in receiving live, in-person PDBs that allow the Commander-in-Chief the chance for critical followup, feedback, questions, and the challenging of flawed intelligence assumptions. “It's pretty well-known that the president hasn’t taken in-person intelligence briefings with any regularity since the early days of 2009,” an Obama national security staffer told the Daily Mail on Monday. “He gets them in writing.” CLICK HERE FOR FULL ARTICLE
Thanks SC Mike .. Topic : In memorial of Dr. Stan Monteith’s passing today, Rick is rebroadcasting Dr. Stan’s last appearance on Trunews five years ago. Tom Horn substituted as host on November 19, 2009. As Tom and Dr. Stan discuss the media hype of a pending H1N1 flu pandemic and untested vaccine, we recommend you insert “Ebola” for H1N1.