Samson: Trump allows negotiations with Iran
2019/7/20 10:38
US President Donald Trump announced that he had allowed Republican Senator Rand Paul to negotiate with Iran on easing tensions in the Gulf region.
“Rand, my friend, asked me if he could engage [in negotiations] and I answered yes,” Trump said in a White House press statement.
“If other senators ask me to get involved, I may also say yes, depending on who they are,” Trump said. “I have a lot of people involved in this, and Iran will work very well.” LINK
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Samson: The former Iranian president calls for direct negotiations with America
20th July, 2019
Former Iranian President Mahmoud Ahmadinejad has asked his country’s officials to enter into direct negotiations with the United States.
In a statement to the New York Times, Ahmadinejad suggested that the Iranian and US governments discuss a number of differences between the two countries through direct negotiations.
“Trump is a businessman, so he is able to calculate the cost benefits and make a decision. We tell him to let us calculate the long-term interest rate between our countries and not be shortsighted,” Ahmadinejad said.
Ahmadinejad’s call contrasts with Iran’s assertion that it will not enter into any direct negotiations with the United States, especially given the growing economic sanctions imposed by Washington. LINK
JJonesmx: My email friends; don’t walk around this imo.. *JJ*
Nasdaq and the Iraq Stock Exchange Signs New Market Technology Agreement
July 19, 2019 02:00 ET | Source: Nasdaq, Inc
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STOCKHOLM, Sweden and BAGHDAD, Iraq, July 19, 2019 (GLOBE NEWSWIRE) — Nasdaq Inc. (Nasdaq: NDAQ) and the Iraq Stock Exchange (ISX) have signed a new agreement to extend their market technology relationship. As part of the agreement, Nasdaq will continue providing ISX with matching engine and central securities depository (CSD) technology. This new agreement marks the next chapter of a technology partnership between Nasdaq and ISX which originated in 2007.
“We are pleased to build on our successful partnership with Nasdaq,” said Taha A. Abdulsalam, CEO, Iraq Stock Exchange. “Using Nasdaq’s market technology is a clear indication to investors, regulators and other exchanges that Iraq will bolster its efforts into becoming an important financial center for regional and global businesses.”
”By upgrading to the latest Nasdaq technology, ISX will be joining a community of exchanges deploying high-end, multi-asset trading technology that complies with international standards,” said Michèle Carlsson, Managing Director, Nasdaq in the Middle East and Africa. “We look forward to supporting ISX as they continue evolving and innovating their marketplace.”
Nasdaq’s market technology powers more than 250 of the world’s market infrastructure organizations and market participants, including broker-dealers, exchanges, clearinghouses, central securities depositories and regulators, in over 50 countries with end-to-end, mission-critical technology solutions.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services.
Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 100 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to approximately 4,000 total listings with a market value of approximately $15 trillion. To learn more, visit: http://business.nasdaq.com.
About Iraq Stock Exchange
Iraq stock exchange (ISX) was established according to law 74 on April 18, 2004 and began trading on June 24, 2004. ISX held its 1st session on June 24th 2004 using manual trading, written auction on white boards. To enable companies to trade electronically, Electronic trading was introduced to the market for the first time in the history of Iraq by using Nasdaq’s platform in April 2009. The White boards have since been replaced by Electronic trading workstations.
ISX operates 5 trading sessions on Sunday, to Thursday every week. According to the regulation rules, ISX tasks include: regulating, controlling, disclosing, and launching continuous trading on listed companies’ shares, in addition to controlling both trading operations and activities of Brokerage Companies financial solvency.
For Media Inquiries, please contact:
Nasdaq
Yan-yan Tong
yan-yan.tong@nasdaq.com
Desk: +46 (0)8-4056683
Mobile: +46 (0)73-4496683
NDAQG
Don961: Survey: Central banks will continue to buy gold
19 July 2019 07:48 PM
From: Sally Ismail
Mubasher: Strong central bank demand for gold is expected to continue in the short and medium term, a trend that has seen strong momentum recently
According to a survey conducted by the World Gold Council, in collaboration with research firm “Yogov,” on Thursday, 54 percent of global central banks expect to increase gold reserves in the next 12 months
While all respondents from both developed and developing markets excluded gold reserves for a year to come by “zero” percent
While 38 percent of central banks see gold reserves as unchanged in the next 12 months and 8 percent as “we do not know”
According to the survey, 8 percent of central banks around the world see the possibility of increasing their gold reserves within a year , while 11 percent of central banks in emerging markets and developing economies say they plan to increase their gold reserves within the next 12 months
This is close to last year’s purchases, with 12 percent of 155 central banks in emerging markets and developing economies buying gold
But 74 percent of the respondents said they were not planning to change their reserves of gold in exchange for 3 percent intend to reduce that possession
Central banks’ expectations for their reserves of gold during the year – (Source: Gold Council and Yugov)
Demand for gold last year rose to 651.5 tonnes, the highest since 1971
The gold board attributed the planned gold purchases to high economic risks for currencies used as reserves and significant economic risks in the next 12 months
The global markets are currently concerned about slowing economic growth worldwide as well as trade frictions as well as geopolitical tensions
In the medium term , central banks see changes in the international monetary system with a greater role for the Chinese renminbi and gold, according to the survey results
The results of the survey are based on the responses of 39 central banks around the world (including 11 developed economies and 28 banks in emerging markets and developing economies) out of 150 banks, higher than last year’s 22 central banks alone link
Samson: Parliamentary finance stresses the importance of preparing the government for a supplementary budget during the next month
20th July, 2019
A member of the parliamentary finance committee Ahmed al-Saffar, Saturday, the importance of preparing the federal government for a supplementary budget next month, including differences in oil prices globally and the mechanisms of distribution of surplus at the important doors.
Al-Saffar said in an interview with Alsumaria News that “the House of Representatives in general and the Finance Committee in particular and has within its work a complete seriousness in order to address the government to provide a supplementary budget next month.”
He explained that “there are clear differences in prices of oil barrels globally than what was placed in the federal budget, which necessitates the creation of adjustments to the doors of imports consistent with the size of the difference between the planned and actual imports.”
Al-Saffar pointed out that “all the excess funds and new labels created by the work of institutions, ministries and governorates will be included in the supplementary budget.”
He added that “the supplementary budget is necessary and universally applicable, but in the previous budgets in Iraq has been neglected this aspect and we will work with all force to activate it being a necessary part and gives us a more accurate and realistic perception of the aspects that have been implemented within the operational aspects.”
It is noteworthy that the House of Representatives voted, Wednesday (January 24, 2019), on the federal budget law of Iraq for 2019. LINK
