Gold settles with anticipation of Fed meeting and attention on trade talks

 Arab and international

Economy News _ Baghdad

Gold prices have stabilized ahead of the Fed meeting scheduled for later this week, which will be watched by markets for any signs of monetary easing in the world’s largest economy.

There was little change in the spot gold price to settle at $ 1417.72 an ounce, and prices fell about half a percent the previous week, under pressure from the strength of the dollar and strong US economic data.

The price of gold in US futures contracts also settled at 1419.30 dollars an ounce.

The US central bank is expected to cut the key interest rate by at least 25 basis points at its meeting on July 30 and 31, and investors will also look for signs of possible further cuts in the future.

Meanwhile, US-China trade talks are moving to Shanghai this week as negotiators of the two countries meet for their first face-to-face talks since the two-party truce at the G20 summit. Expectations show little chance of a breakthrough.

Among other precious metals, spot silver fell 0.2 percent to $ 16.35 an ounce, while palladium dropped 0.6 percent to $ 1526.95 an ounce.

Platinum rose 0.6 percent to $ 864.71 an ounce.

http://economy-news.net/content.php?id=17383

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Trump adviser reveals US-Iraqi cooperation to impose economic sanctions against Iraqi personalities

Baghdad

Washington – Washington is working with Baghdad to impose sanctions on Iraqi figures accused of human rights abuses, persecution of minorities and corruption, a member of the advisory board of US President Donald Trump said on Sunday.

“The US government is working with the Iraqi government to impose economic sanctions against Iraqi figures in Iraq that violate human rights and persecute religious minorities in Iraq and are accused of corruption,” Suma told the news agency. “The purpose of these sanctions is to help the Iraqi people, .

“There is a link between this issue and the economic sanctions against Iran,” Trump said. “If Washington finds any interaction between these figures and Iran, sanctions are likely to be imposed on them.”

“The US government is working with the Iraqi government to refer the files to the judiciary and to issue economic sanctions against them for violating human rights, and this is also to help the Iraqi government,” he said.

He pointed out that if America proves that there are Iraqi figures, including close cooperation with Iran, sanctions will be imposed on them and also because of corruption in their work as well as human rights issues.

“There is a big responsibility on the Iraqi judiciary to look at these matters as long as there are charges. The accused can return to the judiciary and acquit his court. They can resort to the Iraqi judiciary or resort to the US judiciary to respond to these charges.” The same chamber, “He said.

He stressed that “the sanctions on the four Iraqis were issued under a law that began with the time of Obama,” noting that “the consequences of this decision that these can not deal with US banks or banks that operate in dollars and can not visit the United States.”

He pointed out that “Washington does not want to interfere in Iraqi affairs and does not have any Iraqi army in it,” noting that “the number of US military in Iraq is only 5500.”

He noted that “Iraq is a friend of the United States and we want to keep him away from Iranian influence.”

The US Treasury Department announced the inclusion of MP Ahmad al-Jubouri (Abu Mazen), former governor of Nineveh province Nawfal al-Aakoub, commander of the Babylonian movement Rayyan Chaldean, commander of the Shabak forces in Nineveh Plain and Qadu, on its list of sanctions on charges of corruption and human rights violation.

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Halabousi and his accompanying delegation conclude his visit to the State of Kuwait

Editorial date:: 2019/7/29 23:26

(Baghdad: Al Furat News) The House of Representatives Speaker Mohammad Halboussi and his accompanying delegation concluded Monday his visit to Kuwait, which lasted 3 days.

“Al Halbusi and his delegation conclude their visit to the State of Kuwait,” his office said in a brief statement.

The Speaker of the House of Representatives arrived in Kuwait on July 27, accompanied by a parliamentary delegation, 10 governors and senior officials.

Where he discussed during his visit with his Kuwaiti counterpart Marzouq Al-Ghanim, the Emir of Kuwait Sabah Al-Ahmad Al-Jaber Al-Sabah, Prime Minister Jaber Mubarak Al-Hamad Al-Sabah and a number of officials, ways to invest funds allocated for the reconstruction of Iraq at the Kuwait International Donors Conference.

http://alforatnews.com/modules/news/article.php?storyid=205298

Halabousi announces from Kuwait urgent procedures for the granting of visas between the two countries

Editorial date: 2019/7/29 22:55

(Baghdad: Al-Furat News) Speaker of the House of Representatives Mohamed Halbusi, announced urgent procedures for the granting of visas between Iraq and Kuwait.

This came during a meeting with the accompanying delegation on Monday, Governor of Al-Jahraa Nasser Al-Hajaraf and a number of dignitaries and dignitaries of the province.

A statement issued by his office said that “at the outset of the meeting, he offered a greeting and peace on behalf of the Iraqi people, pointing to the depth of the participants between the two neighboring peoples, stressing the importance of strengthening relations between the two countries, Today in Jahra is to consolidate and strengthen these relations. ”

He added that “the dignitaries of Jahra province and its dignitaries expressed their great gratitude for this visit, expressing their desire to restore relations to the former and facilitate their visit to Iraq.”

Al-Halbusi said during the meeting that “the security situation in the past period imposed on the security authorities in Iraq to protect the brothers and friends from terrorist threats, noting that Iraq now recovered after the victory, and will take the officials of the two countries urgent measures; to facilitate visits and visas.”

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Halabousi from Kuwait: Iraq is witnessing harmony and coordination high among the three presidencies

Agency of the orbit –

BAGHDAD –

The head of the House of Representatives Mohammed Halbusi said on Monday that Iraq is witnessing a great harmony between the three presidencies, while his Kuwaiti counterpart Marzouq Al-Ghanim pointed out that the Amir of Kuwait hastened to transfer the funds allocated at the International Conference of donors to concrete projects on the ground.

“The Speaker of the Chamber of Deputies Mohammed Al Halbusi and his accompanying delegation held official talks with Kuwaiti Parliament Speaker Marzouq Al-Ghanim on Monday in the presence of Kuwaiti Development Fund Director Marwan Al-Ghanim,” Al-Halaboussi said in a statement.

He added that the talks dealt with means of enhancing joint cooperation between Kuwait and Iraq in all fields, especially parliamentary and economic, and the results of the Kuwait International Conference for the Reconstruction of Iraq.

The statement pointed out that ‘Iraq is witnessing a great harmony between the three presidencies and high coordination, and there is keen to strengthen relations with the Arab neighborhood, including Kuwait, and work seriously to resolve all outstanding problems in the interest of the two neighboring peoples and maintain the sovereignty of both countries’, expressing’ appreciation The contribution of Kuwait in international forums and its positions on Arab and Islamic issues and support for Iraq ‘.

“The Kuwait International Donor Conference is an important step, and we must work on a clear mechanism to activate it in how to transfer this money to projects and start implementation.”

For his part, Al-Ghanim pointed out that ‘the recent mutual visits between the two countries have contributed to the strengthening of relations to a great extent and in the interest of the two brotherly peoples’. He stressed that’ there is high coordination among parliamentarians in all regional and international forums, which reflected positively on the positions of the two countries, And in more than one forum ‘.

Al-Ghanim pointed out that “to complement the reconstruction conference of Iraq, Prince Sabah directed the executive and legislative authorities in the State of Kuwait to expedite the transfer of funds allocated at the International Conference of donors to concrete projects on the ground.”

http://www.almadarnews.org/index.php?page=article&id=61957

The International Monetary Fund (IMF) calls on Iraq to amend its financial laws and budget items

Economie

By ahad5 View Profile View Forum Posts Visit Homepage 29/07/2019 08:02 PM

Al Ahd News – Follow-up

The International Monetary Fund (IMF) on Monday warned the Iraqi government against continuing what it described as “extravagance”.

“Iraq’s current budget for 2019, if current spending continues as it is, will eliminate any progress Iraq has made economically in recent years,” the fund said, according to the Babel Finance International.

“Expectations indicate an increase in Iraqi spending by 25% annually, unless the government adjusts its financial laws and balance sheet items.”

The IMF described Iraq’s economic situation as “facing serious challenges. Social conditions are low and still severe, post-war reconstruction is slow, growth requirements are very high, institutional weaknesses are very clear, volatile oil prices and geopolitical relations have a big role to play. Conditions of the Iraqi economy. ”

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Halabousi and his Kuwaiti counterpart results of the donor conference

Release date: 2019/7/29 19:16

The Speaker of the House of Representatives Mohammad Al Halbusi and his accompanying delegation held official talks with Kuwaiti National Assembly Speaker Marzouq Al-Ghanim on Monday, in the presence of Kuwaiti Development Fund Director, Marwan Al-Ghanim.

At the start of the talks, Halaboussi thanked the State of Kuwait for its hospitality and good reception, expressing its appreciation and gratitude for the positions of Kuwait and Prince Sabah Al Ahmad Al Jaber Al Sabah in supporting Iraq in all fields.

The talks dealt with ways to enhance joint cooperation between Kuwait and Iraq in all fields, especially parliamentary and economic, and the outcomes of the Kuwait International Conference for the Reconstruction of Iraq.

The President of the House of Representatives, “Iraq is witnessing great harmony between the three presidencies and high coordination, and there is keen to strengthen relations with Arab neighbors, including Kuwait, and work seriously to resolve all outstanding problems in the interest of the two neighboring peoples and maintain the sovereignty of both countries, Kuwait in international forums and its positions on Arab and Islamic issues and support for Iraq. ”

“The Kuwait International Donor Conference is an important step, and we must work to establish a clear mechanism to activate it in how to transfer these funds to projects and start implementing them,” Halaboussi said.

For his part, Marzouq Al-Ghanim welcomed the Speaker of the House of Representatives and his accompanying delegation. He pointed out that the recent mutual visits between the two countries have contributed to the strengthening of relations in a way that serves the interests of the two brotherly peoples and that there is high coordination among parliamentarians in all regional and international forums, The two countries, investigating many successes and in more than one forum.

Al-Ghanim stressed the keenness of Kuwait’s Amir Sabah Al-Ahmad Al-Jaber Al-Sabah to develop Iraq and its stability, which represents the stability of the region and Kuwait, adding that it is a continuation of the Iraq reconstruction conference.

The Amir of Kuwait directed the executive and legislative authorities in the State of Kuwait to expedite the transfer of funds allocated at the International Donor Conference to concrete projects on the ground.

http://alforatnews.com/modules/news/article.php?storyid=205272