NATO leaders considering playing larger role in Iraq
NATO leaders are considering playing a larger role in Iraq, where the alliance recently deployed a small training mission to work with Iraqi forces, Marine Gen. Joseph Dunford, chairman of the Joint Chiefs of Staff, said Wednesday after a meeting with NATO’s military leaders
“There is general agreement that NATO can and should do more,” Pavel said according to USA Today.
Dunford said the alliance may be in a position to provide long-term assistance to Iraq’s security forces once the militants have been driven from Mosul, Iraq’s second largest city, and the level of violence has been reduced.
Any decision, however, would have to wait until Iraq’s government makes a formal request for continued support for its military, Dunford said.
“This is a global trans-regional threat,” Dunford said of terror groups. “We need a global trans-regional network” to combat it. “NATO is an important part of that network.”
Read more: http://www.dinarupdates.com/showthread.php?49242-NATO-leaders-considering-playing-larger-role-in-Iraq
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Iraqi forces regain al-Refaie district in Mosul
Iraqi forces recaptured on Wednesday al-Refaie neighborhood in the right bank of Mosul city in Nineveh governorate.
The forces also raised the Iraqi flag on the district’s buildings.
Iraqi Forces launched a major offensive on 19th of February to retake the western part of Mosul after declaring total control of the eastern part of the city on 24th of January as part of the military operations to liberate the city that started on 17th of October 2016.
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Adam Montana (Dinar Guru) It should be noted, and kept in mind, that Ramadan this year starts on the evening of Friday May 26 and goes through Sunday June 25. That’s 9 days from now. Those of you that have been traveling this road with me for years know that I have always been VERY adamant that “nothing gets done during Ramadan”… but I’m starting to lean a little to the left on that commitment. There is just TOO MUCH happening right now! There are a couple key elements to this…that will make me go “Full Buzzy” in spite of the upcoming holiday that traditionally yields 0 “real” progress for anything in Iraq. For some months now, I’ve been very optimistic about Iraq’s ISIS situation. Over the last few days, thi -s has only increased. [post 1 of 2….stay tuned]
Read more: http://www.dinarupdates.com/observer
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Updated: Paramilitary troops free airbase, more villages, west of Mosul
Mosul (IraqiNews.com) The paramilitary troops have freed Washington military airbase, west of Mosul, according to Sami al-Massoudi, a leader with the troops.
In statements, al-Hashd al-Shaabi (Popular Mobilization Units) said “the 13th and 14th brigades liberated Sahl Sinjar Airbase, a strategic airport in south of Qairawan.”
Troops also liberated al-Amdina village, in the south, in addition to Karka village, the troops media service said.
“200 families from Mesei’da village, in the vicinity of Sahl Sinjar Airbase, were evacuated far from the battlefields.” the service added.
Earlier on Thursday, the troop freed six villages in north and south of Qairawan, in the west of Mosul.
In statements, the media service announced liberating Ain Fathi village, north of Qairawan.
“The 10th brigade seized a booby-trapped vehicle and explosives inside al-Hassan mosque in Ain Fathi village,” the service said. Ten Islamic State militants were killed while combing the village.
The forces freed Ain Ghazal village, in the north, after cutting off the road linking between the freed Tal Banat village and Qairawan, in addition to liberating Akhmeisa village, according to statements.
Adheila village, in the south, has been liberated, the troops media service said adding “Iraqi flag was raised there.”
The 13th and 14th brigades freed Khams Telool and Khalaf al-Deirs village, in the south, according to the statements. “The troops inflicted huge losses in personnel and weapons on Islamic State militants.”
Many villages in Qairawan region, a main Islamic State bastion which links between Tal Afar town and the Syrian borders, have been freed since an the troops launched an offensive on Friday to free the region.
The eastern side of Mosul was recaptured in January following three months of battles. Another offensive was launched in February to recapture the western flank of the city.
Iraqi commanders predict recapturing the remaining parts of the city this month.
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“In America, we don’t worship government. We worship God” – President Trump
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Army Commander: Iraqi Forces to Drive ISIL out of Western Mosul by Friday
An Iraqi Army official in Nineveh province said he expects full liberation of the Western side of Mosul by Friday.
“Iraqi troops managed to retake most regions and districts in Western Mosul from the ISIL terrorists,” an Iraqi army commander told Sputnik, expecting the whole region to be freed by Friday.
In a statement earlier on Tuesday, Federal Police Chief Lt. Gen. Shaker Jawdat announced that his troops were in control of 80 percent of Iqtisidayeen and 17 Tamuz (July 17th) districts, in addition to eight other pivotal targets that were previously retaken.
“The troops shelled ISIL’s defense lines as well as their headquarters North of the Old City and killed dozens of the militants. Fifteen sq/ km were freed, 168 booby-trapped vehicles were destroyed, 200 landmines were removed while 24 bombs were defused,” he added.
“Six families detained by ISIL in 17 Tamuz were freed. They were kept for several days inside one of the houses with the doors locked and the house booby-trapped to prevent them escape,” he added.
“The total number of families evacuated from battlefields have reached 850 so far since the start of the last phase of military operations in Western Mosul on May 6,” Jawdat said.
In a press conference, the Joint Operations Command declared on Tuesday controlling 89.5 percent of Western Mosul and killing 16,467 members of the ISIL since beginning of operations in Western Mosul.
Iraqi commanders had predicted recapturing the remaining parts of the city this month.
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U.N. says 200,000 more people could flee Mosul as fighting intensifies
The United Nations said on Thursday up to 200,000 more people could flee Mosul as Iraqi forces push into the last districts held by Islamic State militants.
Iraqi authorities and aid agencies are already struggling to cope with a surge in displacement since security forces opened a new front against the militants in Mosul earlier this month.
Backed by a U.S.-led coalition, Iraqi forces have dislodged Islamic State from all but about 12 square km (5 square miles) of the city and are seeking to claim victory before the holy month of Ramadan in less than two weeks.
The militants, however, still control the Old City, where they are expected to make their last stand in the densely populated, narrow streets that are impassable for armored vehicles.
“As military operations intensify and move closer to Mosul’s Old City area, we expect that up to 200,000 more people will flee,” Lise Grande, the U.N.’s Humanitarian Coordinator for Iraq said in a statement, describing the figures as “alarming”.
“The numbers of people who are moving are now so large, it’s becoming more and more difficult to ensure civilians receive the assistance and protection they need.”
Nearly 700,000 people have fled Mosul since the start of the campaign to retake the city last October, seeking refuge either with friends and relatives or in camps.
Human Rights Watch said on Thursday the Iraqi army and other local security forces had forced over 300 displaced families to return to districts of Mosul that are still at risk of attack by Islamic State.
“These families should not be forcibly returned to unsafe areas and areas that lack adequate water, food, electricity, or health facilities,” said Lama Fakih, deputy Middle East director at Human Rights Watch.
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Al-Rashid: Our predecessor to pensioners up to 3 million dinars
Al-Rasheed Bank announced on Thursday that it is providing advances to retirees up to 3 million dinars, stressing that the borrower must have a smart card from the bank exclusively.
The bank’s assistant director Muataz Abdul Rasul said that “the bank is still continuing to grant advances to retirees according to his pension and the amounts ranging between one million and 500 thousand dinars and two million dinars and three million dinars.”
Abdul Rasul said that “the interest on these advances up to 7% and the duration of payment of five years,” stressing that “the pensioner must be a smart card from the bank exclusively.”
It is worth mentioning that the Bank of Rasheed started in 2017 by granting salaries to employees of ten salaries according to certain mechanisms and controls.
Read more: http://www.dinarupdates.com/member.php?47292-MadDScout
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Iraqi Stock Exchange: Shareholding companies are not commensurate with capital and call for ..
The Iraqi market for securities, the number of joint stock companies operating in Iraq is not commensurate with the capital of Iraq, calling for the dissemination of the culture of investment in capital.
“The number of participating companies in the Iraqi economy is 130, which is not commensurate with the Iraqi capital, whose size exceeds many times this number,” Taha Ahmed Abdul Salam, the market’s executive director, said in a press statement.
“Indicators associated with the investment field are still below the level of ambition,” he said.
“Efforts that are based on spreading investment culture must be diversified in capital,” he said.
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“Iraqi oil”: the process of exporting Kirkuk oil is not clear and beyond the control of the central government
A spokesman for the Iraqi Oil Ministry, Asim Jihad, during his conversation with Roudao correspondent, Mustafa Koran
The spokesman for the Iraqi Oil Ministry, Assem Jihad, that “despite disagreements and differences in views on the subject of oil agreement between the Kurdistan Regional Government and the central government, but hope remains always, and seek to accelerate the creation of a new agreement to serve the national interest.”
“We are always seeking an agreement that serves the citizens in all Iraqi provinces, as well as the Kurdistan region, and therefore we must work on this subject in a common national spirit, and look for the national stage,” Jihad told the network.
Jihad said that “despite the lack of implementation and commitment from both sides on the previous oil agreements, but the people remain one, and therefore must always remain hope because we are all Iraqis in the end.”
On the issue of non-disbursement of the “Petrodollar” of the province of Kirkuk, the spokesman for the Ministry of Oil, “Kirkuk province has become a complex and difficult issue, and there are a lot of things out of control, and the federal government does not have authority over all the oil fields in Kirkuk, Not clear, and all this leads to the non-disbursement of (petrodollar) of the province of Kirkuk. ”
As for the city of Basra, which is a source of the economy of Iraq, which suffers from marginalization in all respects, Assem Jihad said that “the Ministry of Oil and the Ministry of Technical, and its work is to explore and the issuance and sale of oil, and the return of cash to the central government, The Petrodollar issue, where this amount is spent permanently. ”
With regard to the establishment of a province in Basra, and its economic impact on Iraq, Jihad said: “We do not want to anticipate events and judge this issue, the subject was an idea, but not realized until this moment, and when it is realized there will be another talk about this subject.”
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BGG (Dinar Guru) – Article: “Iraq offers compensation settlement and Kuwaiti debt against investment” Quote: “…the meeting also discussed the file of compensation with the State of Kuwait and ways to settle through the window of investment inside Iraq.“. two separate items talked about – how to pay back Kuwait (not to be confused with) – their eagerness to settle investments inside Iraq? One of the big problems needing dealt with – is they have few mechanisms in place to safe guard investors. Why would the IMF care about Iraqi investors. They don’t – this is referring to OUTSIDE investors. Period. Really good news – entering final talks – it appears.
Read more: http://www.dinarupdates.com/observer/
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Transport announces the opening of a direct air line between Baghdad and Belgrade at the end of this month
BAGHDAD – A spokesman for the Ministry of Transport, Salim Musa, announced on Tuesday the opening of a direct air link between Baghdad and the Serbian capital Belgrade at the end of this month in the absence of “obstacles” administrative, indicating that the Minister of Transport Kazem A cup has been working for some time on the opening of direct air links between Baghdad and the European capitals to restore the Iraqi Airways to the reality.
He explained, “These efforts were strengthened by the opening of direct flights between Baghdad and some countries, where was going to Serbia and the holding of several meetings and agreements resulted in the creation Formula to open a direct line with Belgrade and accepted with Athens, ” Pointing out that “the collection of direct visa from the airport needs efforts should be made by the Ministry of Foreign Affairs and there is an actual approach to this matter.”
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Kaperoni (Dinar Guru) – Article: “ATMs for MasterCard card users” …it is fun to watch all the pieces be put in place for the economy to take off. Iraq is literally going from the stone age to the 21st century with technology in a few years.
Read more: http://www.dinarupdates.com/observer/
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Iraq Stock Exchange discusses technology solutions in Beirut for its applications
BAGHDAD – The Iraqi stock market opened Monday in the Lebanese capital of Beirut its conference on the applications and solutions of technology trading securities, stressing the need to bring investments to the securities market.
“The conference is currently being held in the Lebanese capital of Beirut, the second of its kind since last year in the United Arab Emirates. There were also conferences and workshops between the two conferences,” said Taha Ahmed Abdel Salam, A knot inside Iraq and yielded positive results supported the market in his work. ” He added that “the conference was attended by a group of senior officials of the Central Bank of Iraq and a number of ministries of the Iraqi state, adding brokerage firms and international investment companies.”
He pointed out that the aim of the conference is to achieve the objectives related to bringing investments, correcting and correcting the trends adopted by financial markets and plans, especially their relationship with financial institutions, as well as with the market elements represented by joint stock companies and brokerage companies, specifically investors.
“The Iraqi Stock Exchange Law speaks about the capital market in Iraq, which consists of key elements supporting the development of the market and the Securities Commission, which is an organization of the rules of instructions needed by the market as well as joint stock companies to disclose their data and review levels of performance annual and quarterly.
Abdul Salam expected that “the meetings of the conference will witness further discussions and meetings between investment companies and those interested in stock markets.”
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Adam Montana (Dinar Guru) – [What will happen to the other major currencies when the CBI RV’s the IQD/USD exchange rate? The countries using the EUR, the GBP, the CHF, the JPY, and the CNY all have international corporations invested in Iraqi oil with contracts based on today’s exchange rates. How will a radical upward IQD/USD RV (which effectively decreases the value of the USD against the IQD) affect the EUR/USD and the GBP/USD and the CHF/USD and the JPY/USD and the CNY/USD exchange rates? Will these other major global currencies also be devalued and what in your opinion will that do to an already stressed global economy?] This is a great question, because it opens up the floor to discuss how an RV is really a zero-sum game, mostly because we are talking about a fiat currency. When the FED prints more USD, we don’t actually gain that money. It just dilutes the dollar a little bit more. IQD, and an RV of the currency, works the same way, just on a global scale. My opinion is that almost every other currency will take a slight hit, and then rebound once the IQD rate stabilizes, and within about a month all currencies will be back to normal… except the IQD will be dramatically different than it was a month prior.
Read more: http://www.dinarupdates.com/observer/
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Parliament votes tomorrow on the proposed law on the operation of the first graduates
(Baghdad: Al-Furat News) The House of Representatives will resume on Tuesday its regular session to vote on two draft laws.
A statement of the Council, received by the agency {Euphrates News}, a copy of it, tomorrow’s session includes “the completion of the vote on the draft law to reform inmates and depositors, and vote on the proposed law to run the early graduates.”
The meeting will also discuss the recommendations of the Education Committee regarding school buildings and an oral question addressed to the head of the Federal Audit Bureau, as well as the report and discussion of the draft law granting the employee a long standard leave and handling the conditions of the contractors.
The statement said the meeting included “the report and discussion of the draft law on the residence of foreigners, and the report and discussion of the draft law on delegation of powers.”
The House of Representatives lifted on 30 April last, its normal to Tuesday, the ninth of May, after voting on a parliamentary resolution prohibiting the attendance or participation of politicians or officials conferences in and outside Iraq without the consent of the Iraqi authorities.
Read More: http://www.dinarupdates.com/member.php?47292-MadDScout
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Iraqi Dinar/Dollar auction 05-18-17 (most recent listing)
Currency Auctions Announcement No. 3444
This daily currency auction was held in the Central Bank of Iraq on the 05-18-2017
| DETAILS | NOTES |
| Number of banks | 37 |
| Number of remittance companies | 11 |
| Amount sold at auction price (US$) | 159,547,157 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 159,547,157 |
| Total offers for selling (US$) | —– |
Read More: http://www.dinarupdates.com/observer/
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| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1184.000 | 1182.000 |
| Euro | EUR | 1316.253 | 1315.595 |
| British pound | GBP | 1535.885 | 1535.117 |
| Canadian dollar | CAD | 869.693 | 869.258 |
| Swiss franc | CHF | 1203.619 | 1203.017 |
| Swedish krona | SEK | 134.861 | 134.794 |
| Norwegian krone | NOK | 140.899 | 140.828 |
| Danish krone | DKK | 176.909 | 176.821 |
| Japanese yen | JPY | 10.510 | 10.505 |
| Special Drawing Rights |
SDR | 1630.782 | 1629.967 |