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Nadita File – 09/04/2014

 

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

 

Ukraine Crisis/NATO Submit : Umbertino reported Pres. Obama and British PM Cameron say they won’t be “cowed” by Islamic militants.  Leaders wrote joint editorial published in the Times of London.  Ukrainian Pres. Poroshenko meeting with Pres. Obama and EU leaders on sidelines of NATO Summit.  Ukrainian Pres. Poroshenko says he is working with Russian Pres. Putin on a cease-fire in eastern Ukraine.  Western leaders skeptical about a deal.  Russia says Ukraine’s hopes to join NATO are on attempt to derail cease-fire talks.  Talks between Kiev and Moscow are scheduled for tomorrow.

 

Other News : Genx4me read AAA says US gas price could fall another 10-20 cents a gallon by end of October.  Justice Dept is expected to announce today it will probe practices of police in Ferguson, MO.  Will look at arrests, use of force, and officer training.

 

ECB Chief Mario Draghi says they will purchse asset back securities to unblock lending in Euro zone.  ECB decisions to have sizeable impact on balance sheet.  Unanimous ECB decision to commit to using additional measures.  Measures mainly oriented to credit easing, QE was discussed.  Loss of momentum may dampen private investment.  Risks to economic outlook on the downside.

 

Eburt heard Atlantic City’s Trump Taj Mahal could be headed for bankruptcy.  Casino has recently broken some of its loan covenants.  News video shows some teens attacking guards at a juvenile detention center in Tennessee.  It’s same center where more than 30 teens escaped earlier this week.

 

Malaysia Airlines names promo campaign asking people what countries are on their “bucket list”.  Airline acknowledges the terms was in appropriate.  Dutch officials probing shoot down of MH17 over Ukraine will release preliminary report next week.  Disaster killed all 298 on board.

 

Head of Al-Qaeda, Ayman al-Zawahri says group has expanded into the Indian subcontinent.  Al-Qaeda has been preparing for years to set up in India.  Taliban attacks government headquarter in eastern Afghanistan, at least 12 killed, 80 wounded.  Militants set off 2 massive truck bombs, then gunmen attacked.  Saint prayes for safety for UN peace keepers from Fiji who were abducted.

 

Littlesam cries when she hears Joan Rivers passed away at the age 81 after a routine procedure to check her vocal cords.  Our prayers to her family.  May God give them peace and cover them with His grace.  Joan surely will be missed!  She is witty, quick, generous.  She lived her life making people laugh

 

Norbert becomes a hurricane in the Pacific, well off southern tip of Mexico’s Baja California.  Expected to track nearly paralled to the cost on Friday.

 

The bull slipped 9 pointson the slippery slope today.  Stocks higher, ECB rate cut, stimulus US econ data in focus. Gold closed at $1,264, silver at $19.11, copper gained a bit, closed at $3.16.  Crude oil at $94.40

 

Almost all US Home Depot stores may have been hit by breach.  Home Depot says it’s working with IT firms to determine whether there was a breach.  Wiljor takes a deep breath as c-lues found that hack attack on JPMorgan used global computer network to send data to Russia.  Investigators found staging ground for attack, a “bulletproof” hosting platform.

 

Yum Brands estimates Q3 China same-store sales fell 13%, amid food safety scare.  Hundreds of workers from fast food chains to walk off jobs today to push for $15/hour pay.  McDonalds, Yum Brands, and Wendy’s Company (WEN) will be affected.

 

Newmont Mining (NEM) signs agreement with Indonesian government, ending tax dispute over copper exports.  Teledyne (TDY) to buy Bolt Technology (BOLT) for about $171M.  Google reiterated as outperform with $745 price target at Credit Suisse.  High definition camera maker GoPro is downgraded to neutral from overweight at JPMorgan.

 

Luxury retailer Neiman Marcus opening its first store in New York City.  250,000 sqft store will anchor new retail complex on Manhattan’s West side.  Nordstrom announces $1B stock buyback.

 

Gymrat76541 heard Goldman Sachs to be stabilization agent in Alibaba IPO, oversee early trading of shares.  Barclays to be lead floor trader.

 

From Dinar land : Stealthwarrior reported a mass grave was found in Salaheddin province containing scores of bodies shot execution style.  Security forces said it’s the work of ISIL as a demonstration of its brutality.  Vietnam1969 reported airstrikes led by Sandfly bombed ISIL headquarter in Mosul.  Jetpilotjim reported senior aide to ISIS leader killed by US airstrikes in Mosul.

 

NATO leaders meet in Wales this week, ISIL is in their top agenda.  As Pres. Obama and British PM David Cameron take the initiative to form coalition to to fight ISIL with their allies as terrorism is a global threat after the execution of 2 American journalists and threatening to behead a British aid worker that was kidnapped in Syria a while ago.  US and Britain are talking about military aid without boots on the ground if possible.  UAE is the only country in the region who has voiced their readiness to join the effort in any way they can. 

 

Boosterbglee is happy to hear the powerful Shummar tribe led by Fawwaz al-jarba have formed an armed militia to fight ISIL in west Mosul.  Jarba vowed to cleanse the area from ISIL.  His joining the security forces is significant in the Sunni inhabited areas in Nineveh province.

 

PM designate Abadi realizes that Sunni blocs and tribes have to be well presented in the new government as they represent the key to properly combat and defeat ISIL in Iraq.  He is expected to put the proposed cabinet before the parliament next week.  It has been a difficult process but it’s crucial to have the right balance and for politicians to put the country’s interest first.  Iraqi politicians must put their personal agenda aside at this juncture.  Only the most qualified and capable people should be named to occupy the top positions in this inclusive government.

 

A representative Niazi Uglu said Thursday’s session was exclusively dedicated to hear from relatives in Speicher camp victims.  That’s why debate over the budget did not take place but he added that there is a general consensus within the parliament to merge 2014 and 2015 budget.  This may represent some technical challenges but they are surmountable, he added.

 

It is estimated to take a year to repair Beiji oil field.  Work on repairing Ceyhan federal pipeline will resume soon.  Oil production in the north slumped from its peak 300,000pbd before ISIL stormed northern provinces and committed acts of sabotage. 

 

Chess read the mood amongst parliament members are inspiring towards finance, monetary and investment committees sounding upbeat for the future of inclusive government and they believe ISIL can be beaten in Iraq, at least.

 

From rumor land :  Enorrste says appointments by Maliki is temporary.  Chattles says the ride is coming to an end, remain seated and keep your hands in the car.  Tman23 reports Abadi is going to cancel all orders and positions that Maliki granted after the end of the last parliament.  Stryker says they are done negotiations, and all they need now are a few names to be reconsidered and a vote of confidence on Abadi and his cabinet.. we should see this by Saturday.  Frank26 believes within this month.  Nova thinks 2014 budget is in IQD to settle its accounts.  Mt. Goat says one of the demands is the revaluation of the currency.  Brietling says they are going to take our currency to be verified to make sure it’s kosher and not counterfit and then they will release the money into your account.  TNT Tony thinks a major announcement will take place this week.  Millionday says Abadi has until September 11th to have his cabinet seated.  It appears that they also will vote through the budget.

 

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

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NADITA......great work again, of course!

 

"Maybe money can't buy happiness, but it sure makes for a huge

down payment towards it"

 

........................the inimitable JR................. -_-..............................

 

Chess :)

 

I like what you say.. surely money answers all things including propelling our dreams and can't buy true happiness that comes from within.. but can buy some of the headaches lol

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