Nadita File – 09/16/2014
Good evening everyone, thanks for watching Nadita File where the spin starts here J
Ukraine Crisis : Boosterbglee reported Russian defense minister says he is sending extra troops to Crimea due to crisis in Ukraine. He says presence of foreign military has increased near our borders. Ukraine’s parliament ratifies trade deal with EU. Battle over EU trade sparked prior government ouster, Russian intervention.
Parliament also grants limited autonomy to rebel held parts of eastern Ukraine. Rebels denounce plan, saying political union with Ukraine isn’t possible
Fighting ISIS : Chess was in the Congressional hearings begin on Pres. Obama’s request to arm and train Syrian rebels. Defense Secy Hagel and Joint Chiefs Chair Dempsey testifying.
Defense Secy Hagel urges quick authorization as time is of the essence here. Joint Chiefs Dempsey would recommend US advisers accompany Iraqi troops if needed. US boots on the ground is not necessary now.
US airstrikes hit ISIS militants fighting Iraqi troops southwest of Baghdad. US attack aircraft also hit ISIS forces in northwestern Iraq.
Syria TV says Iraqi official briefed Syrian Pres. Assad on efforts to combat ISIS. First Iraqi-Syria contact since US airstrikes began. Syria said any operations in Syria without approval or cooperation will be considered as an act of aggression.
US said it will attack any source of fire aimed at its jetfighters operating over Syrian airspace including that of Syrian regime. Both Syria and US and its allies are fighting the same enemy but US considers Assad regime as illegitimate as its killing its own people. So, arming and training the Free Syrian Army is seen as crucial part of the equation but observers say it will take a very long time.
Other News : Captl1 reported NATO says 3 soldiers killed, 5 wounded in suicide car bombing near US Embassy in Kabul. The Taliban has claimed responsibility for the attack.
Littlesam heard UK lawmakers vow more power to Scotland if voters reject bid for independence. Polls show vote on Scottish independence remains too close to call.
Pres. Obama at CDC announces military-led surge to fight Ebola in West Africa. Orders 3,000 military personnel to train healthcare workers, build clinics. NIAID’s Fauci says no red flags in key safety trial of experimental Ebola vaccine.
Senate panel also hearing from Dr. Ken Brantly, Ebola survivor.
Fed begins two day FOMC meeting today. Statement on Wednesday may provide guidance on when Fed will raise interest rates. ReinMan wonders if White House announces steps to phase out refrigerants linked to global warming, includes voluntary plans by large US firms to cut and replace HFC’s.
Census : median US income $51,900 in 2013. Not statistically different from 2012. Poverty rate 14.5% in 2013 vs 15% in 2012.
Radisson hotel chain suspends Minnesota Vikings sponsorship. Company cites child abuse allegations against star running back Adrian Peterson.
Uneek is happy to hear hurricane Odile downgraded to tropical storm, heavy rain drenching parts of Baja.
Flash flood watches in CA, NV, AZ, NM & TX : 2.5” of rain expected by late Thursday.
Hurricane Odile slammed Baja, California, striking fishing villages and Cabo San Lucas resorts. Mexico evacuating 30K tourists, 130 people hurt.
Tropical storm Polo expected to become a hurricane in the next 36 hours. Likely to stay south of Baja, but SW Mexican coast warned of intense rain and flooding. A Wind driven wildfire in Northern California town of Weed destroys 100 homes. Fire has forced 15,000 people to flee.
Dow gained 101 points at trading today. Dow pares gains after rising more than 130 points, sets record intraday high. Small cap Russell 2000 closes higher after falling below 200 day average on Monday.
10 year yield rising as Fed meeting begins, oil jumps on possible OPEC cuts, gold flat. All S&P500 sectors higher, healthcare, utilities, energy, among best performers. Market close higher, see best day in 4 weeks. Fed meeting, oil, and geopolitics in focus.
Wiljor heard Softbank CEO says Alibaba possibly his greatest investment ever. Alibaba boasting IPO price to $66-%68 per share. Would raise $22B at top of range. Expected to price Thursday, trade Friday. Yahoo shares in focus, has 22.4% stake in Alibaba.
Blackstone (BX) seeks to raise $16B for its latest buyout fund. Streetinsider.com says Apple’s new iphones won’t hit China until early 2015.
Hershey is added to focus list at Citi Bank. Nike is holidng special event today to unveil latest LeBron James shoe, the LeBron 12. Endo Int’l (ENDP) makes offer to buy Auxillium Pharma (AUXL) for $28.10/share in cash & stock, a 31% premium.
United Airlines (UAL) offers flight attendants up to $100K severance to leave. UPS is hiring 95,000 seasonal employees for holidays, also adding trucks, planes, trailers for package deluge.
FEDEX to raise rates for express, ground and freight services by 4.9% effective January 5th.
Airbus Group (EADSY) to sell some businesses, focus on space, military aircraft, missiles. Boeing (BA) and SpaceX win NASA contract to build “space taxis” to international space station.
Boeing’s spaceship to launch on rockets built with Lockheed (LMT) and Blue Origin which start up run by Amazon founder Jeff Bezos. SpaceX owned by Tesla CEO Elon Musk, already has $1.3B contract to fly cargo to space station.
NHTSA head testifies at Senate hearing, blasts GM’s handling of faulty ignition switch. House report finds NHTSA should have known of problem since 2007. GM has recalled 2.6M cars over faulty ignition switch, now linked to 19 deaths.
Genx4me is happy to hear GasBuddy sees fall gasoline prices at $3.15-$3.25 a gallon, cheapest in 4 years. Court reverses VirnetX’s (VHC) $368M award in patent case vs Apple.
Rewalk Robotics Ltd (RWLK) started trading on Friday at $12/share. It has been a wild ride for the stock but it gained 204%, closing at $36.46. Rewalk formerly Argo Medical Technologies develops, manufactures and markets wearable robotic exoskeletons for people with lower limb disabilities, such as paraplegia.
Rewalk’s mission is to change the health and life experiences of individuals with spinal cord injury. Founded in 2001, Rewalk is a global company with headquarters in the US, Germany and Israel. Rewalk CEO, Larry Jasinski will ring the opening bell tomorrow morning.
GoPro touched its all time high on Monday at $71 and settled at $67.20. The stock went down again today closing at $65.25. The target price is $70.00. The sale off is predicted as people are looking for funds to buy BABA on Friday.
From Dinar Land : Vietnam1969 is happy to hear forty countries have said they will support the efforts to remove terrorism in Iraq in any way they can but it is still unclear what roles these countries will take in the process.
Saint is happy to hear for the first time, US conducted airstrikes by the request of Iraqi security forces in areas Southwest Baghdad. This expansion is to protect Americans in Iraq and save lives of minorities from slaughter by ISIS and protecting strategic infrastructure in Mosul and Haditha Dam.
The main objective is to sway the Sunnis, including important Sunni tribes in Iraq and Syria to join the fight against ISIS. An observer says this is the cornerstone to tip the balance in favor of anti ISIL coalition . ISIL terrorists try very hard to hold on to strategic areas in Anbar and Salaheddin provinces.
A-J516 is disappointed as the Iraqi government adjourned its session today to Thursday after it failed to obtain enough votes for PM’s nominees for defense and interior ministers.
A parliament source said main Shiite bloc refrained from voting which in turn resulted in the failure to obtain majority votes needed. The two positions are considered to be the most important and challenging to fill.
Pressure is mounting, including from US to form government that is all inclusive. Two less important nominations were approved.
The newly elected Cabinet held its second official session with the attendance of the ministers who were approved and sworn in. The session was attended by House Speaker. Abadi said he will keep his efforts to fill all positions according to the constitution.
Minister of Electricity Qassem al-Fahdawi says he will start implementing the use of prepaid electronic debit cards in two areas as 50% of electricity is being wasted. He added Iraqis want to enjoy 24 hour day uninterrupted flow of electric power. He urged the public to conserve power.
Calkid11 heard economist Dr. Mathhar Saleh said Iraq can “if it wants” sell bonds on the international market to close the deficit gap. Ministry of Treasury is leaning to sell local short and medium treasury notes yielding attractive interest as a prime source to raise money to counter the deficit.
Iraqi Chamber of Commerce said with cooperation of international development agency plans to hire 12,000 jobs to young Iraqi men and women.
Such programs are urgently needed especially in the areas under ISIS control where unemployment rate is as high as 50%. The plans call for creation of 12 recruitment centers in various provinces offering vocational training in industrial, energy and service fields.
Regional financial and monetary experts in Dubay said once stability is restored in Iraq. It will pull investors from local, regional, and international companies to invest in various sectors in Iraq. The country is not lack of resources. Once ISIS is degraded, investments will start pouring again .
Citizens interviewed by Al Iraqiya said the position of interior and defense ministers should be chosen carefully as it reflects the new government’s commitment to unify all Iraqis.
From Rumor Land : Frank26 wants you to pay close attention to what CBI is saying.
Blue seriously doubts we will be here next spring.
TNT Tony says his source said parliament has finalized everything, including economic reform and the last two ministers.
Delta says all just waiting on the USA to go ahead with the release of the rate, we know they are ready, just need to have the stability.
Exogen says the new global coalition helping Iraq is 100% about business and making money.
BGG thinks their focus is somewhere else at the moment.
Stryker says the two candidates didn’t receive enough votes today.
Tman23 says this could be a long wait.
Tim724 says Ban Ki Moon said they are ready to support international coordination against Daash.
Okie oilman is expecting it anytime now.
Mt. Goat thinks something big seems to be brewing and is just beyond the horizon.
Poppy3 thinks they will get the seating done so the rate can still happen at moments notice.
Tlar says IMF is on board with Obama admin in this matter so until then we are once again waiting.
Millionday says UN is happy with Iraq. The signing of agreement is for the backing of 177 countries as they develop and move to the globe.
The spin stops here J send your comments to #naditafile, Dinar Thug is next, good night everyone J Have a blessed week with your family J