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Forex Scams; Dishonest Way to Get Traders’ Money

By
IFP Media Wire
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Forex Scams; Dishonest Way to Get Traders’ Money

Forex is that grandpa’s old leather suitcase for traders; it’s a trading platform for currency exchange and commerce purposes. But it has its own 2 equal halves of good and bad. It is a platform where we can exchange a huge range of currencies and gain huge profits as well as fall trap to many frauds.

These are trading frauds or schemes that are used to trap the traders by convincing them that the price of a particular currency would be increasing, and they could buy it; later this may cause huge losses to him, hence scamming the trader.

The Forex tradings are intensively monitored in the US due to such scams. These scams have caused huge losses and have profited many conmen and fake organizations.

Some of the common Forex scams are listed below:

  1. Signal sellers: These are individuals who send ideas to other traders about their predictions about the market’s downfall or profit. These send out wrong information and scam the traders to invest in those biddings where there is surely a loss. They also extract subscription fees, ask for fees in exchange for information.
  2. Fake trading schools: These offer to teach you trading and make you the best in a very short time, and take up your money. These are frauds as they either teach you the wrong tactics, which may cause huge loss or might not teach you anything useful at all.
  3. Management frauds: In such frauds, the traders are asked to let a manager handle their funds; the manager is usually not a professional as they would have advertised, by doing this, the investor loses all his control over his funds.
  4. Pyramid schemes: These schemes give high hopes to traders by asking them to invest a little now and gain high profits later. Usually sounds like “double your money in 25 days!” which is a lie as they would never return your money.
  5. Trading bots: Some investors use automated bots that do the trading for them, they survey the social media for what predictions to make and do the bids as per, but this is a big disadvantage for unsuspecting traders; it will be like a gamble for them.
  6. Dishonest brokers: These are the ones who do the trading for you or would create an account and set up a platform for you, would let you do some trading, and then wipe out your funds. One can, and one must expose dishonest brokers.

Conclusion

Forex is a very good trading platform, but it can be very dangerous for all the rookie traders if they are not aware of such frauds and might lose their funds. So taking precautions while trading and looking out for such frauds would be very helpful.

Iranian Cleric Grand Ayatollah Saanei Passes Away

By
IFP Editorial Staff
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Iranian Cleric Grand Ayatollah Saanei Passes Away

An official at the late Ayatollah’s office said he had cirrhosis liver, and was suffering from kidney problems.

According to this official, Ayatollah Saanei was admitted to Nekouei Hospital of Qom due to a fracture of his hand and pelvis. He then underwent dialysis to meet the factors required by the liver and kidneys.

“However, during the dialysis, unfortunately he passed away. As the Ayatollah cared very much about the health of the people in such days, no funeral ceremony will be held due to the coronavirus pandemic,” added this source.

Ayatollah Saanei was born in 1939 in the village of Yingabad southwest of Isfahan.
Saanei completed his preliminary studies in 1951, whereupon he went to Qom to continue his studies. While at Qom he was a student of the leading theologians of his day, among them Mohammad Mohaghegh Damad, Abbas Ali Shahroudi, Mohammad Ali Araki, and Ayatollah Borujerdi.

Ayatollah Saanei was a prominent politician who served as the chairman of Iran’s Guardian Council from 1980 to 1983, and a member of the Assembly of Experts, the body responsible for electing and monitoring the performance of the country’s Leader.

Rouhani Condemns US for Sanctions on Medical Supplies

By
IFP Editorial Staff
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Rouhani Urges New White House Ruler to End Economic Terrorism against Iran

Addressing a Saturday meeting in Tehran, President Hassan Rouhani dismissed Washington’s approach as inhumane.

“The United States does not allow us to receive $5 billion to get medicines, vaccines and [equipment for] treatment. To such extent have they distanced themselves from humanity,” he said.

“Today, the White House does not have the slightest sense of humanity,” he noted.
President Rouhani added even some friendly countries are refusing to release Iranian assets under pressure from Washington.

“And you Iranian people should know that there is even worse. There are countries which are our friends. Our money is in their banks and they have blocked our money and they are not prepared to unfreeze it,” he said.

“They say the Americans are putting us under pressure, telling them it will take punitive measures if they unfreeze Iran’s money. So, they succumbed to US pressure and oppression. Such a crime is unprecedented in history,” he said.

Iran’s Ministry of Foreign Affairs says the country is filing lawsuits against “delinquent” South Korean banks which have seized Iran’s money.

Iran has also signaled that it would not be happy with a partial reimbursement through humanitarian shipments.

South Korea reportedly plans to allow Iran to use part of its funds, believed to be between $6 billion and $9 billion, to buy medicine and medical equipment from South Korean companies.

Iran Thanks St. Vincent for Anti-US Stances at UNSC

By
IFP Editorial Staff
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Iran Thanks St. Vincent for Anti-US Stances at UNSC

In the Friday call, Zarif praised the principled stances held by Saint Vincent and the Grenadines as a member of the UN Security Council on recent issues including the Security Council Resolution 2231, and its rejection of the US‘ unlawful moves, which ran counter to the international law and regulations.

Last month, the United States was further isolated over its bid to reimpose international sanctions on Iran with 13 countries on the 15-member UN Security Council expressing their opposition, arguing that Washington’s move is void given it is using a process agreed under a nuclear deal that it quit two years ago.

In the 24 hours since US Secretary of State Mike Pompeo said he triggered a 30-day countdown to a return of UN sanctions on Iran, including an arms embargo, long-time allies Britain, France, Germany and Belgium as well as China, Russia, Vietnam, Niger, Saint Vincent and the Grenadines, South Africa, Indonesia, Estonia and Tunisia wrote letters in opposition.

That came a week after the Security Council resoundingly rejected its bid to extend an arms embargo on Iran beyond its expiration in October. Only the Dominican Republic joined Washington in voting yes.

Dominican Republic has not yet written to the council to state its position on the sanctions snapback push.

Supplying Medicines Top Priority for Gov’t amid Sanctions: Iran President

By
IFP Editorial Staff
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Supplying Medicines Top Priority for Gov't amid Sanctions: Iran President

President Hassan Rouhani said enemies even prevent drugs from reaching Iran amid the coronavirus outbreak.

“At a time when enemies have even banned [companies from sending] medications needed by the people as part of their unfair and illegal sanctions, a high priority for the country is to meet needs for medicines,” he said.

He made the remarks during a conversation with Governor of the Central Bank of Iran Abdolnasser Hemmati, who presented a report on the trend of procurement of raw materials for pharmaceutical companies.

Hemmati said some $900 million have been allocated to the import of medicines and medical equipment over the past six months.

Iran Condemns Bahrain’s Plan to Normalize Relations with Israel

By
IFP Editorial Staff
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Iran Condemns Bahrain’s Plan to Normalize Relations with Israel

In a statement released on Saturday, the Iranian Foreign Ministry vehemently condemned the announcement of establishment of diplomatic relations between Bahrain and the Zionist regime as a shameful and ignominious measure by Bahrain that would sacrifice the cause of Palestine, decades of struggles, and the Palestinian people’s fortitude against miseries and sufferings for the sake of US election.

“Undoubtedly, the oppressed and right-seeking people of Palestine and the free Muslims in the world will never approve of normalization of relations with the usurping and lawless Israeli regime, and such shameful measure will remain in the historical memory of the oppressed and downtrodden people of Palestine and the world’s free nations forever,” the statement said.

“Instead of gaining legitimacy from its people, the government of Bahrain has unfortunately turned its back on them in a fundamental mistake, has sought the Quds-occupying regime’s shelter, and has sacrificed the cause of honourable Palestine for the domestic US elections,” it added.

“From now on, the Bahraini rulers will be an accomplice in the crimes committed by the Zionist regime as the constant source of threat to security in the region and the Muslim world and as the root cause of decades of violence, massacre, wars, terror and bloodshed in oppressed Palestine and the region,” the statement underlined.

“The Bahraini government’s move will definitely result only in escalating anger and perpetual hatred among the oppressed people of Palestine, Muslims and the world’s free nations,” it added.

The statement has finally warned against any act by the Zionist regime creating insecurity in the Persian Gulf region, saying the Bahraini government and the other supporting governments would be held accountable for all the consequences of any action in this regard.

US President Donald Trump announced on Friday that Bahrain and the Israeli regime will normalize ties in a US-brokered deal.

A month ago, the United Arab Emirates agreed to normalize ties with Israel under a US-brokered deal scheduled to be signed by Trump, who is seeking re-election on November 3.

Top Benefits of CBD Oil for Dogs

By
Entertainment Wire
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Top Benefits of CBD Oil for Dogs 2

Most people prefer to take care of dogs instead of other animals. Though they are not easy to take care of, dogs are the most loveable creatures next to humans. They are like your best friends, only with a loud woof and a wagging tail. Imagine having a friend but only barks and does not have mouths to make a fuss. These cute furry monsters can be as adorable as they can.

Monitoring Your Pet’s Behavior & Activity

A welcoming wagging tail does not only mean happiness for our dogs. Animals are like humans too, but they don’t talk like we do. They have ailments, needs, and even body language as well. Dog owners should always research to further understand their fur babies. Check this website out, for instance!

Dogs feel better when they are active. A dog can also become lazy and fat if not having an exercise regimen. It is good for your dog to be trained while they are still young. It’s quite true that older dogs are harder to be trained or can’t be trained at all. You can always associate this situation with humans too – it’s hard to learn when you keep forgetting due to too poor memory when you get older.

Boosting Your Pet’s Immune System With CBD

Top Benefits of CBD Oil for DogsCBD oil with its ingredients of cannabis plant extract and hemp seed oil had gained an impact in the health and wellness world. Some of the most popular CBD oil is said to improve the immune system of both humans and animals. CBD oil can help reduce chronic pains and other diseases.

Getting high will be the last thing you’ll think about! Its component of a cannabis extract is completely 100% safe to use. Cannabidiol or most commonly known as CBD doesn’t have a psychoactive simulator like tetrahydrocannabinol or THC that are in smoked joints. Even if you go over the suggested dosage a little bit, your pets will not get high.

What Are Its Top Benefits?

CBD oil carries out a different type of vitamins in it that can help not just your dog’s illnesses, but also boost their immune system. If you’re curious about it, you can visit this website https://www.holistapet.com/product/best-cbd-oil-for-dogs-cats/ to find out more about CBD oil for your pets and where to buy it. Our dog’s health needs to become strong and active. Here’s a list of some effects of CBD oil that you can benefit from:

  • Reduces anxiety – dogs also experience anxiety and depression. We may not know it because our dogs don’t talk verbally, but we can base it on their actions. That’s why we should always know or have knowledge of our pet’s body language.
  • Diabetes prevention – yes, our fur babies can also be diagnosed with diabetes. Many cases of these happen around the world.
  • Lessen cancer-related diseases – little as we know, dogs can acquire cancer too. CBD oil is perfect as a precautionary remedy because studies show that it has anti-cancer properties.

These three listed above are just a few of the many benefits that we can acquire from CBD oil. Many have already fallen in love with this concoction. Why not try it on your own?

Extra Care Tips!

While searching for good CBD oil for your dog, you should also ensure their grooming essentials. Here’s a list of some important basic points on how to take care of your fur baby:

  • Bathe them – you wouldn’t want to see your dog with matted furs and long nails, make sure to check on them for a while.
  • Shelter your pet – like humans, shelter is also a basic need for our dogs. Make sure to provide a clean environment.
  • Give them clean water to drink – this is the most basic need of all living creatures in the world. Who doesn’t live without water?
  • Feed them and give them their daily vitamins – make sure not to feed them too much or else they will become obese. Provide them with diet plans, as you do!
  • Exercise them daily – allow them to be active every day. Let them play in your backyard or walk them to the park. It will keep their bones strong and keep obesity away.

You can do a lot for your pets. They are natural helpers that keep your house safe from intruders when you’re away. There are lots of dogs that need your care – try to adopt one and love them like your own. They are also a part of our world, so let’s give them the happiness they deserve!

Is CMMS Right for your Business?

By
IFP Media Wire
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Is CMMS Right for your Business?

Research has shown that maintenance programs can drive meaningful performance across sites. Manufacturing, facilities, hospitality, healthcare, and large scale business enterprises traditionally use CMMS software as these solutions can be easily implemented in any industry sector to improve maintenance and operational efficiency.

Today CMMS software and work order software is used by organizations of all sizes as they have become more affordable and easier to use.

What are the Types of Work Order Management Softwares?

There are 3 main types of work order management software which are listed below.

Simple Work Order Systems

Work order software contains features focused on creating, distributing, and tracking work orders. The ability to integrate with other systems including client relationship management (CRM), contract management software, and asset monitoring is also useful for certain organizations.

If you prefer to have peace of mind, this easy type of program is the perfect solution for you.

Computerized Maintenance Management Systems

Computerized Maintenance Management Systems (CMMS) and Enterprise Asset Management (EAM) functions include job order management modules, internal maintenance facilitation, scheduling repairs, and other maintenance activities.

These CMMS applications are particularly useful for manufacturing firms and large-scale businesses with branches around the globe. Their key features deal extensively with preventive maintenance scheduling, asset history, and essential equipment management.

Field Service Management (FSM)

This type of app is targeted to large-scale businesses and enables users to automatically update and send work orders to mobile teams on standby. Vehicle tracking, GPS check-in, and other properties are some of the features that FSM offers. If you work with geographically scattered teams, FSM will help to improve your productivity.

What is a Work Order App?

Mobility is a valuable asset for any maintenance team. Internet-enabled devices allow technicians to drastically increase their efficiency. A work order app will provide the user or employee with tools to create and check progress on maintenance tasks from the mobile device directly.

This can help technicians communicate with field employees effectively without having to physically travel between their office and the on-site location. As the digital world, we live in constantly expands, mobility is becoming more of a need for organizations to run competently.

Examples of Work Order Apps

Fracttal

Fracttal is a CMMS mobile app that works with businesses across various industries. The key features include work-history tracking, work order management, inventory control, and preventive maintenance.

Fracttal also provides more tools such as their Asset Cloud Application (ACA) which enables users to register, monitor, and manage the assets of an organization from a centralized location.

Limble

Limble is known to be a CMMS app that improves the productivity of your maintenance team. The application can be downloaded from Google’s Playstore and Apple’s iOS store. Limble boasts that by using their software, your business will experience communication, accountability, and productivity boosts of at least 30%. The mobile CMMS features that Limble offers are listed below.

  • Speech recognition and speech to text.
  • Log and assign work orders under 60 seconds.
  • Start new work orders remotely.
  • View assigned work orders and private messages.
  • Receive communications through email and push notifications.
  • Check for critical asset information when running diagnostic checks.

MaintainX

MaintainX is an all-in-one CMMS software solution known for its friendly user interface and contains all the same features that their desktop app has. With MaintainX’s mobile app, users get access to the following CMMS features.

  • Track time spent on completed work orders.
  • Create and manage preventive maintenance schedules.
  • Check the progress calendar and view the current status of work orders.
  • Create a group chat or team chat

Main Features of a CMMS Software

Progress Updates

In an organization, the work order will move across employees to different facilities and departments. Managers can view completed tasks, ongoing projects, progress reports and follow up with department heads. With CMMS software, the transparency of the process will increase and in turn, so will the productivity.

Work Requests

By using digital work order requests, the possibility of a lost work order is eliminated as each order can be listed according to priority, due date, etc. Internal workflows are also improved as the required information within the order creation system is logged and applied when needed.

Asset Management

Asset management is an important component featured in CMMS. It enables users to check parts and inventory available with the existing work orders and preventative maintenance schedules. You can also monitor work order history on your assets to detect trends over time.

Mobile Access

Most management software offers mobile app solutions that allow its users to check the status of their tasks in real-time for current and future orders. Employees can increase productivity, complete tasks, and update their schedules on the go.

Choosing a Computerized Maintenance Management System

Before you select a CMMS management software, make sure to check for the following features.

Ability to receive real-time notifications

Real-time notifications can be set when a work request is created or the status of a work order is changed. Users can immediately be informed and updated on the progress of the task at hand. Notifications can be enabled in the form of push notifications, email, and text messages.

Ability to send in-app messages

A good CMMS work order management software will have a chat feature where department heads can message their team directly within the app itself and eliminate redundancies in communication.

Conclusion

Managing teams the old fashioned way doesn’t work anymore. CMMS software is more affordable and accessible than ever before. Businesses of all sizes should use software to help them stay on track and get things done.

Iran’s Power Plants Allowed to Mine Cryptocurrencies

By
IFP Media Wire
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Iran’s Power Plants Allowed to Mine Cryptocurrencies

Deputy Managing Director of Tavanir- Iran’s Power Generation, Transmission and Distribution Management Company- Mostafa Rajabi Mashhadi made a statement to the Islamic Republic News Agency. He said that the power plants within Iran would be allowed to function as Bitcoin mines provided they comply with approved tariffs and are issued the legal license.

He has said that all the power plants considering this venture are not allowed to use subsidized fuel to carry out crypto mining.

“Now we’re in a situation where the supply of electricity is of great importance to the public,” Mashhadi said. “We will not allow anyone to misuse tariffs provided for the agricultural and industrial sectors to produce Bitcoin while it’s worth more than $9,000.”

Rajabi Mashhadi also stated that permits in Iran had been given to fourteen mining farms. Each of them is operating with a capacity of three hundred megawatts. Additionally, as many as thousand bitcoin licenses were issued for primary mining operations like Iminer.

Power in Iran

Miners for long have been setting up operations within Iran to profit from the subsidized electricity rates that the country provides. Data has shown that mining farms within Iran need to pay small amounts like $.01 to $.05 for using one kilowatt-hour of electricity.

However, these rates increase by four times at the peak of the summer season. This prompted Tavanir to announce that it will now cut as much as forty-seven percent of electricity tariffs for all the miners when the consumption reaches its peak.

Cointelegraph reported in January that Iran’s Ministry of Industries, Mining and Trade issued as many as 1000 licenses to crypto miners after the government authorized their functions as approved industrial activity in July 2019.

As per IRNA, a spokesperson for the electrical industry has said that 14 crypto miners within Iran recently asked for more than three hundred megawatts of power- which is equal to the total usage of three provinces within the nation.

The tariff scheme for cryptocurrency miners in Iran depends on many market factors like fuel prices prevalent in the Middle East. Mining needs a lot of power. However, Iran’s electricity is comparatively cheaper when compared to other countries in the world. Mashhadi had estimated back in 2019 that producing a single Bitcoin will cost as much as $1400 of state subsidies.

Furthermore, if anyone exposes the illegal operation of cryptocurrency miners in Iran, they will receive a high bounty of hundred million Rials, or $2375.

President’s Word

President of Iran- Hassan Rouhani has only recently ordered that the government draw up a fresh national approach in the upcoming crypto industry. President Rouhani headed the country’s economic coordination headquarters which often holds seminars for the country’s economic strategy.

He informed the officials from the Central Bank of Iran (CBI), information and communication technology ministries and the energy department that they needed to focus on a new national strategy for crypto mining. This will include mining revenue and regulation, as reported on Wednesday by the Iranian news site “Arz Digital.”

This news has come just after two days following the publishing of a bill by the Iranian Parliament. The bill proposed that Iran’s strict currency smuggling and foreign exchange regulations be applied to cryptocurrencies in the rising Bitcoin Revolution. This new parliamentary law requires crypto exchanges within the country to first get registered with the CBI. This move will prove important for preventing excess capital from leaving the country.

Fines and imprisonment are the penalties which will be applied to anyone smuggling the currencies. This has happened only some months after American President Donald Trump expressed his concerns over Iran circumventing sanctions through their digital assets.

Iranian Drone Chases Away 3 US Aircraft on 2nd Day of Naval Drills

By
IFP Media Wire
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Iranian Drone Chases Away 3 US Aircraft on 2nd Day of Naval Drills

In a statement on Friday, the military said the aircraft, including P-8 Poseidon and MQ-9 and RQ-4 drones, were intercepted by a domestically-manufactured Karrar turbojet-powered drone.

On the second day of the exercises, dubbed Zolfaqar-99, the three aircraft entered the ADIZ while they had already been monitored by the Iranian integrated air defense network from kilometers away, the statement said.

It noted that the intruding aircraft were intercepted after they ignored warnings to stay away from the drills area.

The Iranian military said the aircraft veered away and left the drills area after the Karrar drone was launched.

The three-day exercises kicked off on Thursday under the command of the Army’s Zolfaqar base, with observers from the Khatam al-Anbiya Air Defense Base in attendance.

The drills cover an area of two million square kilometers in the eastern waters of the Strait of Hormuz near the Persian Gulf, Makran coast, the Sea of Oman and the northern Indian Ocean up to 10 degrees north.

On the second day of the maneuvers, the Army’s coastline missile sites fired the Qader anti-ship cruise missile, successfully destroying a mock enemy vessel more than 200 kilometers from the coast.

The Nasr anti-ship cruise missile was also fired from Iran’s Najm missile boat, destroying its designated target in the country’s southern waters.

The Kaman-12 drone, which is the Iranian Army’s first combat drone, also conducted surveillance operations within the perimeter of the maneuvers.

With a pin-point attack capability, the Karrar is a strategic combat drone which can deliver payloads comparable to manned aircraft.

Prior to the drills, American and all other extra-regional military aircraft were warned to avoid the exercise zone, resulting in a noticeable shift in behavior of the American UAVs operating in the area.

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