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Stagnant U.K. Household Earnings to Fuel GBP/USD Weakness

Another batch of lackluster U.K. data prints may continue to rattle the near-term rebound in GBP/USD as it saps bets for higher interest rates.The post Stagnant U.K. Household Earnings to Fuel GBP/USD Weakness appeared first on Forex news - Binary opti...

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Saudi Border Guards carry out ‘Grip Exercise’ in line with border security symposium

Author: 
Mohammed Al-Sulami
Wed, 2017-10-18 03:00
ID: 
1508276470637677300

JEDDAH: The General Directorate of the Border Guards on Wednesday will carry out the “Grip Exercise” as part of the First International Symposium on Land and Maritime Borders (Challenges and Solutions) on the Red Sea coast of Jeddah.
Present at the exercise will be Gen. Awad Al-Balawi, general director of the Border Guards; Ali Koman, the secretary-general of the Arab Interior Ministers Council; Kiroja Michi Chini, representative of the secretary-general of the International Maritime Organization, as well as experts from Gulf, Arab and other countries.
Al-Balawi said that carrying out these quality drills raises the preparedness of the Border Guards to protect land and maritime facilities, and embodies the size of the support which the General Directorate of the Border Guards receives from the King Salman, Crown Prince Prince Mohammad bin Salman, and Interior Minister Prince Abdul Aziz bin Saud bin Naif.
He stressed that the exercise exemplifies the new maritime operational concept of the Border Guards; strengthens island reconnaissance and clearance operational capacities; identifies ways to address intrusion attempts; performs search and rescue operations; deals with targeting a land crossing border by enemy elements; and deals with terrorist attacks targeting vital maritime facilities on a Saudi island — all in order to secure all land and maritime borders of the Kingdom from any dangers.
Al-Balawi pointed that the drills, which will be executed by 45 officers and 294 soldiers from the special anti-maritime terrorism and land and maritime border protection units of the Border Guards, supported by Saudi Security Aviation, aims to enhance measures against land and maritime terrorism and counter any possible sources of threats, as well as to ensure the preparedness of participating forces.
The drills aim also to train participating commanders on mission planning, using military tactics, and carrying out command and control measures.

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The post Saudi Border Guards carry out ‘Grip Exercise’ in line with border security symposium appeared first on aroundworld24.com.

Saudi Border Guards carry out ‘Grip Exercise’ in line with border security symposium

Author: Mohammed Al-SulamiWed, 2017-10-18 03:00ID: 1508276470637677300JEDDAH: The General Directorate of the Border Guards on Wednesday will carry out the “Grip Exercise” as part of the First International Symposium on Land and Maritime Borde...

The post Saudi Border Guards carry out ‘Grip Exercise’ in line with border security symposium appeared first on Forex news forex trade.

Trump Plans Massive Increase In Federal Immigration Jails, Report

Following a 43% year over year surge in illegal immigrant arrests between January 22, 2017 and September 9, 2017, the USA Today is reporting that the Trump administration is quietly reaching out to private prison operators with requests to house some 4,000 detainees of the Immigration and Customs Enforcement Agency (ICE).

The Trump administration is planning an increase in federal immigration jails across the country for the thousands of additional undocumented immigrants its agents are arresting.

 

In recent weeks, the Immigration and Customs Enforcement (ICE) agency has put out requests to identify privately-run jail sites in Chicago, Detroit, St. Paul, Salt Lake City and southern Texas, according to notices published on a federal contracting website. It did not publicly announce its plans to house 4,000 more detainees at the facilities.

 

The detention expansion would represent the latest step in President Trump's efforts to crack down on illegal immigration.

And here is an example of one Request for Information posted to FedBizOpps.gov for an "existing, renovation or new construction" facility in South Texas.

Department of Homeland Security (DHS), Immigration and Customs Enforcement (ICE) is issuing a Request for Information (RFI) to identify one or more facilities (existing, renovation, or new construction) to be turnkey ready and able to provide housing, medical care, guard services, meals, and the day to day needs for approximately 1000 ICE adult male and adult female detainees within 50 ground-commute miles of Interstate 35. If utilizing multiple facilities, there may be no less than 200 beds per facility. The preference is for facilities to be dedicated for ICE detainees exclusively, but shared facilities may be considered. ICE anticipates issuing a single award, indefinite delivery - indefinite quantity (IDIQ) contract for this requirement.

 

This RFI is issued to identify potential sources that can provide the physical structure, equipment, personnel, and vehicles in a properly staffed and secure environment under the authority of the Immigration and Nationality Act, as amended. The intent of this RFI is to obtain market information in accordance with FAR 15.201(e) for planning purposes and to determine appropriate strategies to meet the Agency's requirements. If the results of market research and other factors indicate that it is in the Government's best interest, ICE may release Requests for Proposals (RFP) for these potential requirements in the near future. However, this RFI is issued solely for information and planning purposes and does not constitute a Request for Proposal (RFP) or a commitment to an RFP in the future. Responses to this notice are not considered offers and cannot be accepted by the Government to form a binding contract. Responders are advised that the Government will not pay for any information or administrative cost incurred in response to this announcement and information submitted in response to this RFI will not be returned.

Immigration

Currently, ICE houses anywhere between 31,000 and 41,000 detainees each day in federal prisons, privately-operated facilities and local jails.

Of course, the director of policy studies at the Center for Immigration Studies said it's by no means a coincidence that 4 out of the 5 cities identified by the Trump administration for new detention facilities are in so-called "santuary cities" where local police forces have been instructed to not cooperate with federal ICE agents.

Trump supporters say the new jails are necessary to tackle an estimated 11 million undocumented immigrants.

 

Jessica Vaughan, director of policy studies at the Center for Immigration Studies, which backs Trump's immigration enforcement, noted that four of the cities identified for new jails — Chicago, Detroit, St. Paul and Salt Lake City — are all "sanctuary cities."

 

One of the core disputes is that some cities refuse to detain undocumented immigrants in their local jails for federal immigration agents.

 

"ICE cannot rely on local law enforcement agencies to cooperate with them in holding deportable criminal aliens, so they have to acquire their own space that they control," Vaughan said. "This is very encouraging."

 

ICE still has a long way to go before it can open any facilities. The notices invite private companies to provide information on possible locations, and whether it would be necessary to build new facilities or renovate existing ones.

Meanwhile, reports of the new facilities was welcome news to shareholders of GEO Group, one of the largest private pension operators in the country, which has rallied over 60% since Trump's election and is one of the most likely recipients of any new awards.

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Swiss City of Zug Backs Blockchain Asset Trade Group

The government of the Canton of Zug is supporting a newly launched blockchain trade group The post Swiss City of Zug Backs Blockchain Asset Trade Group appeared first on bitcoinmining.shop.
The post Swiss City of Zug Backs Blockchain Asset Trade Group...

SRMG acquires controlling stake in Saudi financial news service Argaam

Author: 
REBECCA SPONG
Wed, 2017-10-18 03:00
ID: 
1508276470577677000

LONDON: The Saudi Research and Marketing Group (SRMG) has acquired a controlling stake in the Argaam Investment and Trading Company, which publishes an online financial news service.
Argaam owns Argaam.com, which provides real-time updates on financial markets and macroeconomic trends in Saudi Arabia. It also owns the news portal Akhbaar24.com.
SRMG Chairman Prince Badr bin Abdullah Al-Saud said the acquisition will help pave the way to a “brighter future” for the digital content industry in Saudi Arabia.
The deal forms part plans by SRMG, the publisher of Arab News, to expand its range of specialized content.
“The acquisition of one of the most important economic websites in Saudi Arabia and the Arab world is a continuation of the group’s strategy to expand its specialized content portfolios in the world of finance, business, market economics and different media platforms,” said Dr. Ghassan Al-Shibl, managing director and chief executive of SRMG.
The acquisition also reflects an anticipated rise in demand for information on Saudi Arabia’s economy and financial markets as the country ramps up non-oil growth and diversifies its economy under its Vision 2030 strategy.
Saudi Arabian data has become a “strategic commodity” for potential investors weighing their options on how to invest in the Kingdom, Al-Shibl said in a statement.
SRMG secured its 51 percent stake for SR37.5 million ($10 million), according to a statement from the company. The deal is self-funded and will be paid in cash after formal procedures are finalized. Ownership is expected to be completed by Oct. 24, pending final regulatory approvals.
The acquisition follows news last month that SRMG signed a deal with the New York-headquartered news conglomerate Bloomberg to launch Bloomberg Al Arabiya — a new multi-platform Arabic-language business and financial news service.
Under the agreement, SRMG will publish Bloomberg Businessweek magazine in Arabic as well as producing a 24/7 television and radio network. The Bloomberg Al Arabiya team will be headquartered in the Gulf, and managed by SRMG with support from Bloomberg.
“The Middle East is an important, economically diverse region and our agreement with SRMG allows us to deliver the sharpest global business and financial insights to a critical audience of business decision makers,” said Michael R. Bloomberg, founder of Bloomberg L.P. and former mayor of New York City in September.

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Defeat of Daesh in Raqqa may herald wider struggle for US

The defeat of Daesh in its de facto capital Raqqa may only be the start of a wider struggle by the United States to contain any insurgency launched by the militant group and to stabilize the region, as Washington struggles to define a comprehensive strategy in Syria. US-backed militias declared victory over Daesh in Raqqa on Tuesday, raising flags over the last jihadist footholds after a four-month battle. The Sunni militant group often referred to as Daesh, overran Raqqa in January 2014, seizing control from rebel factions opposed to the rule of Syrian President Bashar al-Assad. “While recapturing Raqqa is important symbolically, talk about almost a pyrrhic victory,” said Bilal Saab, a senior fellow at the Middle East Institute. “Addressing […]

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CNBC: Qatar suggests Gulf crisis hurts fight against Daesh

Qatar’s foreign minister suggested on Tuesday that measures taken by Saudi Arabia and three other Arab states in their dispute with Qatar had hurt the US-led fight against Daesh, according to the text of an interview with CNBC. Saudi Arabia, the United Arab Emirates, Egypt and Bahrain cut diplomatic and trade links with Qatar in June, suspending air and shipping routes with the world’s biggest exporter of liquefied natural gas, which is also home to the region’s biggest US military base. The four countries have said that Qatar supports regional foe Iran and extremists, charges Doha’s leaders have denied. All countries involved in the dispute are US allies Asked if the fight against Daesh had suffered because of the crisis, […]

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