Subject: Nadita File - 09/08/2014 - The Spin Starts Here :) Yesterday at 9:39 pm
Nadita File – 09/05/2014 Post Brought From Dinar Daily
Good evening everyone, thanks for watching Nadita File where the spin starts here J
Ukraine Crisis : Umbertino reported live from Minsk, cease-fire re-established today in eastern Ukraine after a day of shelling and clashes. Ukraine Pres. Poroshenko will go to key coastal city of Mariupol today. EU adopts new sanctions against Russia, delays use to access cease-fire.
Fighting ISIS : Chess heard Arab League members agree to combat ISIS, either individually or collectively. State Dept says 40+ nations contributing to military and humanitarian response. Suicide bomber targeted meeting of Iraqi security forces and Sunni militiamen north of Baghdad, at least 16 killed.
Fighters at meeting are battling ISIS. Pres. Obama to outline his strategy to combat ISIS militants in speech Wednesday. He will brief Congressional leaders on Tuesday.
Other News : Dinarbeleiver doesn’t know what to think as British Pound plunges on Scotland poll. 51% say yes to independence for Scotland, 49% say no. Scottish vote will impact currency.
If Scotland goes, would they pick the Pound, Euro or a currency to be named later..? it could mean more strength for the dollar. If there’s a run on the banks or a currency crisis, watch for big US stock drops.
JK Rowling, author of Harry Potter donated 1M British Pounds to the “stay together” campaign.
Owner of NBA’s Atlanta Hawks plans to sell the team. Bruce Levenson confirms he sent email about trying to attract more white fans for games.
NCAA lifts post season sanctions at Penn State, following Jerry Sundusky child abuse scandal. Must still pay $60M fine, allows normal football scholarships starting 2015.
Thriver feels good as Baltimore Ravens terminate contract of running back Ray Rice. Newly release video surfaces, showing Rice punching his then fiancé inside an elevator. NFL commissioner has suspended Ray Rice indefinitely, citing new video evidence of February assault in elevator.
IMF’s Lagarde says global economy to grow at small 3% pace this year. Lagarde tells Les Echos, growth is “fragile” due to geopolitical risks.
Treasury Secy Jack Lew says administration will decide soon how to make tax inversions less profitable. Congress unlikely to act, Treasury is developing options.
Harvard’s School of Public Health getting largest single gift in university’s history : $350M. It comes from family of late Hong Kong real estate developer T.H. Chan.
Littlesam is excited to hear Duchess of Cambridge, wife of Prince William, is expecting her second child. Their first child, Prince George was born in July 2013.
CDC reported thyroid, kidney cancers up in kids but still rare. Researchers wondering if the increase is related to rise of obesity of children, I say it has some to do with the food we are eating. Hundreds of children stricken by rare respitory illness in Colorado. One hospital treated more than 900 kids for the illness since Aug. 18th.
Genx4me heard Volunteers enrolling in first human safety study of an Ebola vaccine at National Institutes of Health. Experimenal vaccine has shown it can trigger fast protection.
Ex SAC Capital portfolio manager Matthew Martoma sentenced to 9 years in prison for insider trading. He was also ordered to forfeit $9.4M, no additional fine ordered. His attorney requested him to serve in Miami prison camp, Judge said he will consider. Martoma and his wife have 3 small children. His wife was caught wiping her tears as he got sentenced.
Chile officials say at least 9 injured after apparent bomb explodes in Santiago subway. At least 28 bomb attacks this year, some claimed by anarchist groups.
Congress returning for short Sept. session between summer recess and Nov. elections. To do list includes prevent government shut down, extend freeze on taxing internet access.
Protesters hold anti deportation rally in front of the White House. Pres. Obama is delaying action on immigration to after mid-term elections.
Professional college leagues may challenge NJ move to allow sports gambling. 3 Atlantic City casinos have closed this year, thousands laid off. Trump Plaza set to close on September 16th.
It is reported over $30B in “dirty money” linked to crime, corruption, tax evasions flows out of Brazil each year. Loss is equivalent to 1.5% of Brazil’s GDP.
Uneek is thankful as tropical storm Norbert to weaken into depression today. Storm to bring more rain to S. California. Record rain in Phoenix, AZ. Highways and roads are flooded.
The bull slipped 26 points on the slippery slope today. Stocks closed mixed after 5 week gain as oil slumps at 8 month low on US and China data. Geopolitics in focus. 10 year yield edges up. ‘
Energy and utilities among worst performing S&P500 sectors, tech leads. Gold at 3 month low on strong dollar at $1,258, silver at $19.06, copper is up a bit at $3.18. Crude oil at $93.13.
US dollar near highs against Euro and Yen. Economy is better in the US, worse in Europe and Japan. ECB to begin stimulus. Japan’s GDP disappoints.
Average price of gallon of regular gasoline down 2 cents in the last 2 weeks, down 25 cents in 11 weeks.
A-J516 is anxious to hear what Apple is going to say when it holds a major product event tomorrow, iWatch and iPhone 6 are expected. CVS and Walgreens expected to accept purchases through Apple’s new iPhone payment system.
Bread yes, gun no as Panera Bread (PNRA) is asking customers not to bring guns into its restaurants. What do you think policemen/women will do with their guns..? depends if you really, really want bread that day J
Millionaire In Training heard Home Depot confirmed data breach. Customers using debit cards in US and Canada in April forward been compromised. Customers will not be liable for fraudulent charges. Free ID protection and credit monitoring are offered.
UBS upgraded Fireeye (FEYE) to buy. BOA is upgraded to buy from neutral by Goldman Sachs. Amazon is cutting its Fire Phone price to 99 cents with a two year contract.. must be desperate to sell inventory. Altria (MO) reiterated to buy with new target price to $46 from $43 at Stifel.
Saint read Facebook now has 100M monthy active users in Africa, 80% use FB on mobile devices. Facebook to roll out new tools for video producers, including counters. Whole Foods partnering with delivery service Instacart on one hour groceries in 15 cities.
General Mills buys Annie’s for $46/share in cash. Tesla CEO Musk says may sign battery deal with Toyota in the next 2-3 years. Electrolux (ELUXY) is buying GE’s appliance business for $3.3B, boosts its presence in North America.
GM CEO Mary Barra says company well on its way to replacing faulty ignition switches. Should have all the parts for customers by October. GM says in two years it will offer cars that talk to each other. Cars can almost drive themselves at freeway speeds using “super cruise” system. Calkid11 is not going to be the first to jump and buy self drive car made by GM, just in case faulty cruiser J
Wiljor is smoking Cuban cigar as Rada Electric industry (RADA) is on the rise today, gaining 137% from Friday closed. The stock closed at $5.97. GoPro also gains 8%, closing at $63.52 with target price $70.
Barron’s positive on Boeing, shares could still rise 20%, XPO Logistics (XPO) with target price of $40, United Tech (UTX), investors could see 20% return. Keryx Biopharma (KERX) gets US approval for its kidney disease drug, but it included unexpected safety warning on label.
Fewer than 50% of Americans hold stock directly or indirectly. Among wealthiest Americans, value of stock holdings is up 18% since 2010. Consumer credit surges 9.7% in July, biggest jump since 2011. Non revolving, pushed by auto loans up 10.6%, revolving +7.4%.
Alibaba kicked off 2 week IPO roadshow in New York today. It attracted more than 800 investors. Will also hold meetings in Baltimore, Denver, LA, San Francisco, Hong Kong and London. ‘
Alibaba to sell 320 million shares at $60-66 each. Could value firm at up to $163B. IPO could price on September 18th. Yahoo shares in focus on Alibaba IPO stats. Yahoo owns 22% stake in Alibaba.
From Dinar land : Iraq parliament approves new government headed by Haider Abadi as prime minister. Former PM Nuri al-Maliki gets largely ceremonial vice president posts. New PM Abadi vows to name interior and defense ministers this week. Iraq is battling ISIS militant invasion, Sunni muslim insurrection.
Speaker of the House Saleem al-Jabouri announced that he has received the credentials of new cabinet. The cabinet comprises of 26 ministers. The parliament now is set to vote on the new government. The names of the ministers are qualified people from all religious and ethnic groups.
Pres. Obama, Secy of State and Minister of Defense are working hard to form a coalition comprising of top NATO countries and regional powers including Saudi Arabia, Jordan, Turkey, and UAE. It is also important to include Sunni countries in the coalition. Pres. Obama reiterated that there will be no boots on the ground.
Vietnam1969 confirmed massacre of hundreds of Iraqi soldiers and students at Speicher military base by ISIL. Iraq security forces confirmed they have captured a few terrorists suspected of the massacre.
Former member of parliament Zina Nouri was kidnapped and executed in her hometown of Mosul. ISIL also executed 40 civilians including children in the city because of their ethnicity. Germany is reported to airlift arms to peshmerga forces in the next few days.
Ministry of Education announced a plan to integrate displaced students and their families into the schools where they take refuge. All provinces expressed their willingness to accept these students and provide all necessary assistance.
Prince Zeid Raad al-Hussein of Jordan is appointed as the new UN Human Rights Chief, the first muslim to hold the position. Prince Zeid has an impressive resume and served as Ambassador to the UN.
He warned that ISIL also referred as ISIS is creating a “house of blood” in Iraq and Syria. He urged world powers to protect women, children and minorities.
US airstrikes led by Sandfly targeted ISIL convoys and positions in western Iraq, close to Syrian borders. As far as ISIS concerns, the borders do not exist in their caliphate. Pres. Obama made it clear that the US will hunt down the terrorists wherever they are.
Even though Pres. Obama doesn’t want to appear to be cooperating with Syrian President Assad regime, he may be conducting airstrikes against ISIL while the Syrian air force is targeting the same foe.
In steps to boost the quality and quantity of Iraq’s industrial capacity within the declared government economy program, economist Dr. Ikram Abdul Aziz said there cannot be enough diversity in Iraq’s industrial and infrastructure including decision making and technical preparations of feasible studies and industries needed to build the country.
She added private sectors have to be involved in the beginning in order to turn Iraq into world market and established public companies that can be traded in the equity markets.
Rafidain Bank asks all businessmen and store owners to register in the nearest branch if they wish to accept credit and debit cards issued by the bank. The introduction of such will make it easier to do transactions without the need of large amount of cash exchanging hands for safety purposes.
From rumor land : Eagle1 says the stage is set for change in currency rates and debts to be paid. The budget will be opened immediately.
Frank26 thinks government will be seated on September 10th. HCL is done, but needs to be voted on.
Delta still believes September looks solid for something to happen.
Millionday says the reality calculation will be done with their true value and the dinar will be given that price with pairing to all countries.
Brietling says it will come up at a low rate and it’s going to build up quck.
Pepperoni on pizza says Abadi had 179 votes and yes, he is the new PM of Iraq.
From the desk of Stryker, reported it is official parliament voted confidence in Abadi’s cabinet.
Poppy3 says next step will be 2014 budget and 2015 will follow shortly.
WMAwhite says what a change for Maliki from strongman PM to vice president with absolutely no powers.