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Nadita File – 11/18/2014

 

Good evening everyone, thanks for watching Nadita File where the spin starts here J

 

Ebola Crisis : A-J516 reported Surgeon, who contracted Ebola in Sierra Leone dies at the Nebraska Hospital where he was being treated.  44 year old Dr. Martin Salia was diagnosed with the virus on November 6th, but by the time he arrived at the Omaha Hospital on Saturday, he was in extremely critical condition.  Two other Ebola patients have been successfully treated at the hospital.  Of 10 people to be treated for ebola in US, all but two have recovered. 

 

Defense SECY Chuck Hagel says there are encouraging signs of progress against the Ebola outbreak in west Africa.  Hagel told soldiers of the 101st airborne division that it’s too early to say when the US military’s Ebola response mission in Liberia and Senegal will be over.  There are currently 2,200 US service members in West Africa, with that number set to rise to about 2,900 by Dec.

 

Fighting ISIS : Thriver heard a Frenchman is believed to be among the ISIS terrorists who appear in a video showing the beheading of American aid worker Peter Kassig.  French Interior Minister says there’s a strong presumption Frenchman Maxime Hauchard is among the fighters seen in the video.  26 year old Kassig converted to Islam and adopted name of Abdul Rahman, was killed along a dozen Syrian soldiers in a video released this weekend.  He was captured in eastern Syria in October 2013 while delivering relief supplies.  Pres. Obama denounced the killing as an act of pure evil. 

 

Secy of State John Kerry warns ISIS that the US is not intimidated after the terrorists killed another American hostage.  Kerry adds that ISIS brutality and its potential spread across the globe is a key reason the US must remain deeply engaged in the Mideast.  Kerry’s comments come just before he heads overseas for nuclear talks with Iran as a Nov. 24 deadline for a deal approached. 

 

Other News : Captl1 is disappointed  as bill to approve the Keystone XL pipeline narrowly voted down in the senate.  Bill’s co sponsor Sen. Mary Landrieu (D-LA) and Sen John Hoeven (R-ND) failed to get the 60 votes necessary to advance the legislation.  Measure failed by a single vote, with the final tally 59 in favor to 41 against.  Senator GOP Mitch McConnell says congress will take up the issue again in the new year, once republicans have the majority in both the senate and house.  The impact of Keystone pipeline will be good for US as it will allow US to export oil coming from Canada as oil ban only for local oil cannot be exported.  Currently US export 30,000 barrels and it will increase to 200,000 barrels without Keystone operating.  With Keystone operating, US will export oil from North America and dependency on Saudi oil will be much less. 

 

Chess is taking his car in as Honda offering to replace potentially defective air bag parts across the entire country even though its latest recall only covers cars in 13 high humidity states and territories.  In Nov, the automaker recalled 2.8M Hondas and Acuras from model years 2001-2006 to replace faulty air bag inflators.  Several automakers have also issued recalls for the air bags made by Takata Corp.

 

Viciousdoggie reads House oversight committee requesting details about a suspected cyber attack that has shut down the state dept’s unclassified email system in late October.  Dem lawmakers on the house government oversight committee wrote to Secy of state John Kerry Monday, asking for details about the breach, including when it was first discovered and why went undetected as long as it did.  The letter, sent by Rep. Elijah Cummings (D-MD) also asks what measures the state dept has taken to prevent another attack.  A state dept spox says the attack only hit unclassified email system, not business databases that contain private info about Americans or foreign visa applicants.

 

Wiljor heard Pope Francis announces he’ll travel to the US next year for a family rally in Philadelphia.  In a speech at The Vatican on Monday, the Pope confirmed his plans to attend September’s world meeting of families.

 

Umbertino reported Russian Pres. Putin tells supporters the US wants to subdue Russia and solve its problems at our expense.  Putin’s comments come after US and EU imposed sanctions on Moscow over its annexation of Crimea and its support of pro-Russian insurgents in Ukraine.  The sanctions have aggravated Russia’s economic problems and contributed to a sharp devaluation of the Ruble.

 

Candy01 heard 3 Americans killed in Jerusalem synagogue attack.  5 people died including 3 rabbis from US.  One Briton and one Israeli police officer also murdered. Israel PM nentayahu we will respond decisively to attacks.  Palestinian celebrate deadly attack on Jerusalem synagogue.  It will get worse before getting better.  Increased security in Israel.  Palestinians give out candy to celebrate Jerusalem massacre. 

 

6ly feels cold to his bone as wicked weather across US as snow, wind and freezing temps sweeps the nation.  Snow blankets Great Lakes states..  Buffalo, NY can see 6 ft snow.  The cold air will go back to Canada and mild temperature this weekend.  Cold Thanksgiving is expected as cold air will come back.

 

The bull climbed 40 points on the slippery slope to 17,687. S&P rose 10 pints to 2,015 and Nasdaq added 31 points to 4,702.  Gold closed at $1,194, silver at $16.12 and copper at $3.00.  Crude oil closed at $74.27 and natural gas at $4.26.

 

Boosterbglee is smiling as Virgin America (VA) went public on Friday, offering 12M shares at $19.50/share.  The stock rallied the last two days of trading, gaining 90% closing at $37.05 today.  Spirit Air (SAFE) went public in 2011, the stock has gone up 396% since then.  JetBlue Airways to add bag fees and cut passenger legroom.

 

Sunedison Inc (SUNE) soared at trading today, gaining 29% at trading today at the news of it acquiring First Wind. The stock closed at $21.48

 

Europe okays Harvoni, the Hepatitic C drug of Gilead Science.  The stock closed at $103Alibaba or Apple? Decision, decision.  BABA has 80% China market and two months old company, the stability of Apple still in the run.  Apple is above pre-split $800/share level.  The stock closed at $115.47.

 

Morgan Stanley slashes Tesla Motors (TSLA) outlook.  

 

The biggest REIT IPO is Paramount Group (PGRE), US real estate investment trust which boasts a portfolio of office buildings in NY, WA, SF.  Offering 131M shares between $16-$19/share.

 

From Dinar Land : Pattyangel reported Iraqi Defense Minister said the security forces liberated and completely secured Beiji city in Salaheddin province.  The security forces will focus on liberating Tikrit as units will advance from three directions on the city to squeeze the terrorists that will be forced either to flee or fight to death.  Tikrit is the 2nd largest city to be liberated after Mosul. 

 

Iraqi security forces aided by tribal volunteers, Kurdish peshmerga and airstrikes by US coalition led by Sandfly have been successful in liberating key towns from ISIL. An observer said ISIL has lost momentum and cannot sustain a campaign to overrun new towns or areas in Iraq and Syria.  The situation has turned around and now ISIL is expected to go defensive which will hurt their image of invincibility.

 

The Council of Minister sent a reminder to UNSC to activate Resolution 487 that clearly states Israel must compensate for damages inflicted by an airstrike that destroyed the nuclear power plant in 1981.  Although the plant was built for peaceful purposes, Resolution 487 was never acted upon because of the strength of Israeli lobby in the US and other powerful countries.

 

The Ministry of Labor said they started using electronic debit cards to distribute funds to the retirees and employees.  The use of electronic cards are a very useful way to conduct business as it saves time and human resources.  The use of electronic cards is spreading rather quick among other ministries who are training hundred of Iraqis to become computer savvy.

 

During a meeting with the Head of Supreme Iraqi Islamic Council, PM Abadi reaffirmed his pledge to resolve all outstanding issues with KRG including oil revenue sharing and exportation of oil through Turkish Ceyhan terminal.  Both agreed that for Iraq to stay strong and united, all parties must be ready to compromise for the common good.  The Sunnis will also have the chance to enjoy more power sharing.

 

Gymrat76541 was with Iraqi Oil Minister Adel Mahdi, who said Iraq will base its 2015 budget on $80/barrel, that is the lowest price for crude oil for years.  Oil prices peaked at $115/barrel in June.  Lower oil prices are expected to stay for a while.  Mahdi further said Iraq plans to gradually increase its oil production and exportation in the next few years.

 

Members of parliament said there are excessive holiday days in Iraq that are costing $100B in production per year and also wasted one third of year.  The MPs called on their colleagues and COM to address the matter. 

 

A prominent member of parliament who sits in finance committee and remained anonymous said that Central Bank is doing a very good job in keeping the Dinar steady.  He expressed his confidence that the security situation will start improving very soon.  He added the deal struck with KRG will bring further stability that will ultimately give a boost to the value of the Dinar.  He also said that Dinar is undervalued and expects to see its value increasing starting next year.

 

From Rumor Land : Millionday says Iraq is starting to build a democratic country.  Pepperoni on pizza thinks early 2015 looks like a goal for Iraq. Tman23 says Kurds are back in Baghdad tomorrow to finalize the deal.  Jester says the word is imminent.  Tim724 points out that Kurds has control over Kirkuk.  Brietling says Iraq doesn’t need to come out at $3 rate.  They can go at a dollar and see what the market tells.  Frank26 says it’s snowing! GOI & KRG are happy and in agreement, GOI and CBI are also happy and in agreement.

The spin stops here J send your comments to #naditafile,  Dinar Thug is next, good night everyone J

 

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Thanks Nadita! Too bad they voted the bill down.  If you do some research you will see that all the shale oil and such is transported by a rail company that Warren Buffets company owns...... Who is one of Obama's largest campaign donors.  interesting!

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Good morning Nadita, I hope you are fine on this great day.

2015 budget in Iraq based on 80usd per barrel sounds reasonable, today, but I sure hope oil prices do not collapse or their economy will be in grave danger.

C'mon Iraq, get it together and lets push these issues through and gettr done.

Thanks Nadita, always appreciate the fine job you do here on DV.

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Thanks Nadita! Too bad they voted the bill down.  If you do some research you will see that all the shale oil and such is transported by a rail company that Warren Buffets company owns...... Who is one of Obama's largest campaign donors.  interesting!

 

Capt :)

 

In fact, Keystone pipeline is only 1000 miles and we have done pipelines for many thousands and it's true what's the big deal..? we can let hte oil flow from Canada and export it and be self sufficient in the US.. we have been reducing our oil import from Saudi.  Well.. January 6th is just a few weeks away :)

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Capt :)

 

In fact, Keystone pipeline is only 1000 miles and we have done pipelines for many thousands and it's true what's the big deal..? we can let hte oil flow from Canada and export it and be self sufficient in the US.. we have been reducing our oil import from Saudi.  Well.. January 6th is just a few weeks away :)

Yes it is ...let the ax fall!

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Good morning Nadita, I hope you are fine on this great day.

2015 budget in Iraq based on 80usd per barrel sounds reasonable, today, but I sure hope oil prices do not collapse or their economy will be in grave danger.

C'mon Iraq, get it together and lets push these issues through and gettr done.

Thanks Nadita, always appreciate the fine job you do here on DV.

 

Good morning Wiljor.. it's cold here lol the opposite where you are.. I see white snow instead of white sand :)

I don't know if $80/barrel is realistic when the talk of oil price will drop to $65/barrel.  I guess they are going to use $80 so the rate is lower and then adjust the rate as the oil price drops.. but that's my opinion only.  Oil has been slipping and sliding the last two months.  Even Saudi Arabia slashed the price before OPEC meeting is telling me something.

Iraq is like public school.. a lot of holidays lol  and hopefully they can clamp this down and get busy with what they supposed to do.  

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It's always been my opinion that gasoline prices are more controlled by politics and company profit margins than anything to do with OPEC.   The US gets over 65% of its total crude oil and products from Non-OPEC countries. In fact - we get almost 1/3 from Canada!  I understand that OPEC tends to set the world trade value for crude - but that still - to me - doesn't explain the prices of gasoline and power to me. 

 

http://www.eia.gov/dnav/pet/pet_move_impcus_a2_nus_ep00_im0_mbbl_m.htm

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TD :)

 

It's all manipulation.. nothing makes sense in the market right now.. gold/silver prices are down, oil is down and market is confused.  You can really tell the manipulation happening in the market.  I think oil will go down further.  Iraq using $80/barrel so the rate is not as high as it would be, then the market will detect where it should be.


oil prices are showing at the pump...$2.61 in Tulsa this morning

 

Can we say $2.50 for Thanksgiving weekend..? be careful in driving as the cold front will be back :)

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