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AU: 87.63 JPY = 1 AUD 2017-08-30 RBA 4.00 pm Eastern Australian time

AUD/JPY representative rate as at 4.00 pm Eastern Australian time on 30 Aug 2017
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The post AU: 87.63 JPY = 1 AUD 2017-08-30 RBA 4.00 pm Eastern…

AU: 0.6670 EUR = 1 AUD 2017-08-30 RBA 4.00 pm Eastern Australian time

AUD/EUR representative rate as at 4.00 pm Eastern Australian time on 30 Aug 2017
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The post AU: 0.6670 EUR = 1 AUD 2017-08-30 RBA 4.00 pm Easte…

Geopolitical Tensions Offset by Strong Data

North Korea’s missile launch on Tuesday has lifted safe-haven demand, allowing gold price to sustainably stay above the psychological level of US$1300/oz. The benchmark Comex contract for the yellow metal rose to nearly a one-year high of 1323.8 before…

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The post Geopolitical Tensions Offset by Strong Data appeared first on aroundworld24.com.

Tension over impending Kurdish referendum

The Iraqi Turkmen Front has rejected the decision that Kirkuk Provincial Council took on Tuesday which called for an independence referendum in the Kurdish region on 25 September. During a news conference in Kirkuk, Hassan Turan, a member of the Iraqi parliament and leader of the Turkmen Front, stated that “The administration of Kirkuk and the Kirkuk Brotherhood List (the Kurdish list in Kirkuk Provincial Council) proved once again that they no longer accept any partnership in the province”. He pointed out that they “are pursuing a unilateral approach that violates the Iraqi Constitution and throws Kirkuk into a national conflict to the detriment of the province’s residents.” Turan added that “the decision of the Kirkuk Brotherhood List to involve […]

The post Tension over impending Kurdish referendum appeared first on aroundworld24.com.

Russia Backpedals On Bitcoin – Unveils Plan To Ban Cryptocurrency Sales To “Ordinary People”

After local Russian media reported earlier this year that the Russian Parliament could legalize bitcoin as soon as 2018, Deputy Finance Minister Alexei Moiseev this week signaled that authorities might instead seek to restrict its use. During an interview with Russia 24, a state-owned news channel, Moiseev said that Russian authorities should treat cryptocurrencies, including bitcoin, as sophisticated financial assets and restrict their use and trading to qualified investors only.

Moiseev’s statement surprised members of Russia’s digital currency community, who had been lead to believe that the Russian government was finally warming to digital currencies after years of skepticism. That belief was strengthened earlier this month when an aide to Vladimir Putin announced that he would seek to raise $100 million to build bitcoin mining infrastructure in Russia, with the goal of controlling as much as 30% of the bitcoin network’s hashpower.

“’Cryptocurrency should be regulated as a financial asset,’ Vedomosti reported him saying. ‘There is a point of view that cryptocurrencies such as bitcoin is a financial pyramid. Investments [in] such are high-risk. This determines our approach to their regulation.’

 

RBC quoted him saying: “We propose to call it a currency, but regulate it as other property, qualify it as a financial asset and allow only qualified investors to buy and sell them on the exchange.

As a regulated financial security, Moiseev said cryptocurrencies would be sold through stock exchanges under the supervision of the Federal Financial Monitoring Service of the Russian Federation, also known as Rosfinmonitoring, according to Bitcoin Magazine.

Moiseev added that bitcoin is a “dangerous” investment, and that it’s the government’s duty to protect “ordinary people” from losing their shirts, according to CoinTelegraph.

“For ordinary people, there’s no way because these are very dangerous investments that could lead to loss of money.”

According to Moiseev, Russia’s ministry of finance is discussing how to proceed with the central bank and the Moscow stock exchange. Moiseev added that it is necessary for cryptocurrencies to sell through the exchange “to provide judicial protection to participants in transactions.”

Moiseev detailed that this approach to cryptocurrency regulation aims to protect the rights of buyers and sellers. “Now people do it at their own peril and risk, they have no judicial protection. This is our first task,” he was quoted by Vedomosti.

His comments then turned to the subject of money laundering.

“Citing Western Europe and Russia in particular, Ria Novosti quoted him saying “the use of cryptocurrency for illegal operations has become much more frequent because the mechanisms for combating money-laundering are not yet fully applied in all countries to cryptocurrencies.”

Finally, Moiseev said that the Russian government is uncomfortable with the anonymity provided by bitcoin.

“Moiseev also explained that it is necessary to sell bitcoins through the regulated stock exchange, so that the regulator will always know ‘who the seller is, who the buyer is, where these bitcoin accounts have moved.’”

What’s worse for bitcoiners is that Russia might be at the vanguard of a shift in how authorities view bitcoin. The SEC late last month declared that digital currencies, including bitcoin and the tokens issued during ICOs, should be treated as securities under the law.

So far, the SEC’s guidance has been vague. But the ease with which digital currencies could be used to finance illicit activities – regardless of whether they’re actually being used for that purpose – likely means that more government crackdowns are ahead. By requiring all local bitcoin exchanges to screen transactions for potential violations, China has found a way to pierce the anonymity surrounding digital-currency transactions.

Don’t think it can’t happen in the US.

The post Russia Backpedals On Bitcoin – Unveils Plan To Ban Cryptocurrency Sales To “Ordinary People” appeared first on crude-oil.news.

The post Russia Backpedals On Bitcoin – Unveils Plan To Ban Cryptocurrency Sales To “Ordinary People” appeared first on aroundworld24.com.

Battlefield America Is The New Normal: We’re Not In Mayberry Anymore

Authored by John Whitehead via The Rutherford Institute,
“If we’re training cops as soldiers, giving them equipment like soldiers, dressing them up as soldiers, when are they going to pick up the mentality of soldiers?”— Arthur …

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The post Battlefield America Is The New Normal: We’re Not In Mayberry Anymore appeared first on aroundworld24.com.

Eid preparations in Morocco

The post Eid preparations in Morocco appeared first on aroundworld24.com.

“What The F*ck!”: Rescued Woman Blasts CNN For Exploiting Hurricane Harvey Victims

Earlier today, CNN anchor Rosa Flores apparently chose the wrong mom to exploit in her futile effort to boost CNN ratings.

While it’s unclear exactly what happened off-air in the moments leading up to this interview, it became clear very quickly that this “shivering cold” mother of two exhausted children had no appetite for Flores shoving a “microphone in her face” to get a couple of sound bites for Jim Acosta’s show.

“We walked through four feet of water to get food on the first day.  Yeah, that’s a lot of shit.”

 

“But y’all sit here, y’all trying to interview people during their worst times — like that’s not the smartest thing to do. Like people are really breaking down and y’all sitting here with cameras and microphones trying to ask us what the fuck is wrong with us.”

 

“And you really trying to understand with the microphone still in my face? With me shivering cold, with my kids wet, and you still putting the microphone in my face.”

 

Not surprisingly, Kellyanne Conway immediately took to twitter to shame CNN for the failed interview.

Watch this clip to end.Shames @CNN to get the mike out of her face, notes her kids are shivering & in need of things other than an interview https://t.co/jGbvfJGecx

— Kellyanne Conway (@KellyannePolls) August 29, 2017

 

Of course, even though Conway’s tweet will be dismissed as a cheap shot, it does seem somewhat obvious from the jump that this mom is exhausted beyond belief and probably slightly more interested in finding some dry clothes for herself and her children than sharing her feelings with CNN.  That said, maybe we’re just really good at picking up on subtle social cues…

Meanwhile, the whole episode left Jim Acosta noticeably ‘triggered’…

Acosta

The post “What The F*ck!”: Rescued Woman Blasts CNN For Exploiting Hurricane Harvey Victims appeared first on crude-oil.news.

The post “What The F*ck!”: Rescued Woman Blasts CNN For Exploiting Hurricane Harvey Victims appeared first on aroundworld24.com.

S.Korea’s Moon, Japan’s Abe agree to raise pressure to max on N.Korea

Author: 
Reuters
Wed, 2017-08-30 04:57
ID: 
1504059511884184800

SEOUL: South Korean President Moon Jae-in said North Korea’s launch of an intermediate ballistic missile that flew over the northern Japanese island of Hokkaido amounted to “violent conduct” to a neighboring country, his office said on Wednesday.
Moon agreed with Japanese Prime Minister Abe in a telephone call on Wednesday that pressure must be raised “to the maximum” on the North to leave Pyongyang with no choice but to come to dialogue, the presidential Blue House said in a statement.

Main category: 

The post S.Korea’s Moon, Japan’s Abe agree to raise pressure to max on N.Korea appeared first on aroundworld24.com.

‘Deadly perfume’ rumors are likely false

  The Algerian Ministry of Defense is thought to be behind a warning against purchasing and wearing a deadly perfume. The warning has been shared widely on social media. Officials of the Ministry of Commerce has launched an investigation into the issue. Though similar rumor are widespread in other Arab countries. The document claimed to be issued by the Algerian Ministry of Defense that dates back to 17 August 2017 and was posted by the Regional Directorate of the Military Health, which is affiliated with the first military district. It suggests that “available information suggests that the perfume is a poisonous substance with a delayed effect that appears after 3 or 4 days of spraying it on the body, resulting […]

The post ‘Deadly perfume’ rumors are likely false appeared first on aroundworld24.com.