Here. Thank you for Crescent Petroleum and for the Global Energy center. Maji has been a person ive been stealing ideas from for a long period of time. He happens to be one of the best thinkers and actors and an analysts of the region. Its always a pleasure to have him here. So thank you so much for being here. Todays event was organized by the councils Global Energy center. Our Iraq Initiative is led by has been our who moderator today. Its been a game changer having abas working with us. Hes one of those rare individual who is understands the workings of the countries hes covering iraq so intimately but also the workings of washington which in many respects is sometimes more difficult to follow. This mornings discussion is iraqs facing the daunting challenge with crisis underway and citizens demanding reform as well as the news just yesterday that Prime Minister adal adomadi will resign. Despite the current unrest and uncertainty of the future iraq has made significant progress in ye
Good morning and thank you all for joining us. Also our livestream audience. Im Atlantic Council president and ceo fred kempe. Thanks for joining us both here in the room and virtually for our conversation. If you want to use social media, use aciraq, aciraq. You know its an important event when the ambassador is here, when key members of our board are here and its always such a pleasure to have our International Advisory board member mijid jafar here. Thank you, Crescent Petroleum for this, for iraqi Global Energy center. Miji dichlt has been a person ive been stealing ideas from for a long time. He happens to be one of the best thinkers and actors both in the Business World and analyst of the region. And its always a pleasure to have him here as well. Todays event was organized by Iraq Initiative and global initiative. Our Iraq Initiative is led by abbas kadhim, who will be our moderator. Its been a game changer having abbas working with us. Hes one of those rare individuals who unde
The law allows programs like this to exist and they were common. World war i, world war ii, vietnam war, korean war, this was Standard Practice of the government and only reversed by the department of defense in internal memos that undermine the intent express of congress with a statute passed by congress more than 100 years ago. You have lawlessness by the deferment of defense that are undermining a statute with internal executive memos. [inaudible] did you mention that . The 1996 act take away judicial discretion . I know mr. Metcalf had a different perspective. Tell me. Yes, that is one the most troubling aspects of the changes made to the Immigration Laws. It removed had an aggravated felony and expanded the definition of aggregated felony. And things that dont classify as aggravated. Im out of time but in Orange County we were the first pioneers creating veterans courts and out these issues are complex. We look forward to working with you on this issue. Id like to recognize mr. Bi
Sees oil prices spiking the most ever. Brent has paired its initial gains, but still up more than 10 this morning. The president says hes locked and loaded. The u. S. Point fingers at iran, donald trump sang a response depends on verification. Tehran denies. They assess a new threat to crude supply. D jumps is money flowing floods into currencies for other nations. Less than a halfhour until the start of the european open, and markets dealing with oil price move, thats reflected in futures. Futures will be weaker at the start of trade. Well be looking for reactions in the oil majors, asia stocks, the extensive hedging the various airlines have in place. All of that could be key after the aviation stocks. Lets have a look on the gmm. Weve seen the biggest ever day jump in the oil price. This is having an impact on various assets. Instead of a flight to safety, its more of a sell everything going on here. Money coming out of the markets in asia. South korea and china were closed friday.
350000000. 00 but russias holdings of quadrupled over the last decade the jewelry industry uses about 2000 tonnes of gold every year worth around 85000000000. 00 but its people in india that have believed to hold the most gold estimated to be worth around 1. 00 trillion dollars so is that extra demand for gold or is this just investors seeking a safe haven to find out were joined via skype by gavin wendt gavin is the founding director and senior resource analyst at sydney based mine life good to have you with us gavin so whats behind golds recent rally well weve seen a number of fact is that conspire exactly the right time. Dr gold are there in some more recent fact is. I guess related to things in the last week for example related to u. S. Interest rate cuts. Trade issues uncertainty with respect to britain and iran an ongoing Economic Council. That we can actually trace goals i guess. Strong momentum. Back to probably the g f c back in 2000 and night the tremendous amount of spending