Could US Dollar Recover This Week?

Could US Dollar Recover This Week?

Market Realist12 minutes ago

The US Dollar Index (UUP) continued to struggle as the fate of US tax reform remains uncertain. The US dollar index closed at 93.6 for the week ending November 17, posting a weekly loss of 0.74%.

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US dollar, euro renew record highs against Turkish lira

US dollar, euro renew record highs against Turkish lira

Daily Sabah2 hours ago

The U.S. dollar hit an all time high against the Turkish lira at 3.9780 on Tuesday, while the euro also renewed its record high at 4.6727.

Turkish lira at new low against US dollarMiddle East Online

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Jordan to Spearhead Syria, Iraq Reconstruction

By John Lee.

Jordan’s Minister of Industry, Trade and Supply, Ya’rub al-Qudah (pictured), has reportedly signed an agreement with a leading American company and a number of international firms to build an airport and a major logistics center to facilitate reconstruction for Syria and Iraq.

According to Al Arabiya, the new facility will be built in Mafraq, 60 kilometers northeast of Amman, close to the Syrian border and on the international road connecting Jordan with Iraq.

The Jordanian government has developed a plan of action with the World Bank to make Jordan a major platform for reconstruction projects, the Minister is quoted as saying.

(Source: Al Arabiya)

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Human Rights Training for Teachers in Kurdistan

The United Nations Assistance Mission for Iraq (UNAMI) Human Rights Office (HRO) in cooperation with the Ministry of Education in Kurdistan Region of Iraq organized a four-day training course in Erbil for 23 teacher, including 9 females, during 13 – 16 November on human rights education.

This was the second in a series of courses organized by HRO and supported by the Flemish Government and the Ministry of Education in the Kurdistan Region of Iraq (KR-I).

Mr. Yousif Othman, Director-General of the Planning Department in Ministry of Education in KR-I welcomed the training, which targets Public School teachers in KR-I. He also highlighted the importance of mainstreaming human rights principles in the curricula and teaching methods and techniques.

Ms. Shahla Saeed, Human Rights Education Project Manager at HRO emphasized the role of teachers in influencing students’ attitudes in line with human rights values and fundamental freedoms in schools.

The overall goal of the training focused on raising awareness of teachers and supervisors of secondary schools on human rights education in Erbil Governorate and its surroundings and districts (Soran, Koya, Khabat, Makhmour and Shaqlawa).

(Source: UNAMI)

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Authorities Clamp Down on Sectarian Hate Speech

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. 

The Iraqi government, headed by Prime Minister Haider al-Abadi, is seeking to penalize people for the hate speech prevalent in Iraqi society by arresting anyone who expresses such ideas or promotes slogans that insult former or current religious and social figures.

Each year around this time, millions of Shiite Muslims make the pilgrimage to the shrine of Imam Hussein in Karbala for the festival of Arbaeen. People observing Arbaeen sometimes raise banners and shout slogans insulting Sunni figures. In the past, these people were met with public indignation — but not legal measures.

Wahab al-Tai, the interior minister’s media adviser, told Al-Monitor in an interview, “Up until Nov. 8, the ministry had arrested 76 people who were caught promoting sectarianism. Out of the 76 arrested, 25 were in Karbala and 51 in Babil [province]. Most were Iraqis, but some foreigners were arrested as well.”

The Interior Ministry was reacting to a video that has been circulating. The video, taken in Karbala during the festival, shows a group of followers of Shiite Grand Ayatollah Sadiq Hussaini Shirazi — a group known for promoting hateful speech toward important Sunni religious figures. The video shows a young man with a loudspeaker cursing Umar ibn al-Khattab, a senior companion of the Prophet Muhammad considered sacred by Sunnis. Despite all the arrests, that man is still on the loose.

Only two days after appearing in the first video, the same man appeared in another video saying that he was only “expressing his opinion.”

The ministry’s measures against promoters of sectarianism received both political and public support. Sayyid Ahmad al-Safi, the representative of Shiite Grand Ayatollah Ali Al-Sistani in Najaf, applauded the move in his Friday sermon in Karbala on Nov. 10.

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Rupee Strengthens Against US Dollar Today

Rupee Strengthens Against US Dollar Today

NDTV1 hour ago

The rupee firmed up 8 paise to 65.03 at day's high against the dollar today, set off by fresh selling of the US currency by exporters and banks.

Rupee opens 2 paise higher against US dollar at 65.09Economic Times
Rupee opens little changed against US dollarLivemint

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