KTFA (Samson)

Samson: With the participation of Iraq .. Launch of the Second China International Import Fair

10:09 – 05/11/2019
Opened in the Chinese city of Shanghai on Tuesday, the second business China International Fair with the participation of the import of Iraq. Chinese President Xi Jinping said his country would also “further facilitate foreign investment access to the market and reduce the negative list.”

Chinese President Xi Jinping said in a speech at the opening of the fair that China will adopt five measures to promote openness at a higher level, namely to further expand market openness, further improve the opening-up framework, improve the business environment, deepen bilateral and multilateral cooperation and jointly build the belt and road.

“It is believed that China, which is expected to have brighter economic development prospects, will provide other countries with more opportunities in terms of market, investment and growth.” LINK

Samson:  Brent crude settled today at $ 62.12 a barrel
5th November, 2019

Oil prices held steady on Tuesday as investors kept their sights on US inventory data due later on Tuesday, two days after gains in crude on positive economic data and hopes for a trade deal between Washington and Beijing

By 0739 GMT, Brent crude futures were down a cent to $ 62.12 a barrel, after rising 0.7 percent in the previous session

US crude futures fell 9 cents to $ 56.45 a barrel. The contracts gained 0.6 percent on Monday

US crude oil inventories are expected to have risen last week, while inventories of oil products are likely to have fallen, according to a preliminary Reuters poll on Monday

Oil was supported by hopes of a trade deal between the United States and China, the world’s two biggest oil consumers, which could boost demand

Oil investors are closely following the initial public offering of state oil firm Saudi Aramco, which is expected to be the world’s largest listing

On the supply side, Russia cut its oil production to 11.23 million bpd last month from 11.25 million bpd in September, but again missed its pledge under a deal to curb production

The Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers, under the group known as OPEC +, have been implementing since January a deal to cut oil production by 1.2 million barrels per day    LINK

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Samson:  The arrest of Baghdadi’s sister

2019/11/5 16:16

The sister of former Islamic State terrorist leader Abu Bakr al-Baghdadi has been arrested in northern Syria, Turkish officials said. Officials said Rasmiya Awad, 65, was arrested in a security operation on Monday in an area near the village of Azaz in Aleppo province. Turkish security officials were quoted by media as saying the security operation could reveal valuable intelligence about ISIS.

Baghdadi was killed during a raid by US special forces on his hiding place in northwestern Syria last month.  His death was seen as a victory for US President Donald Trump, but ISIS is still seen as a security threat in Syria and elsewhere. A Turkish official told Reuters news agency: “We hope to get a lot of intelligence from Baghdadi’s sister about the course of action inside IS.”

Fakhruddin Alton, director of communications at the Turkish presidency, said the arrest of Baghdadi’s sister was “another example of the success” of Turkish operations in the fight against terrorism. Little is known about Baghdadi’s sister. Baghdadi has many brothers and sisters, and it is not known whether they are still alive, according to the New York Times.

According to Turkish officials, Baghdadi’s sister has been arrested in Aleppo province, which has been under Turkish army control since his forces invaded Syrian border areas with Turkey last month.  LINK

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