Peshmerga’s Bravery Has Echoed Around the World: Australian Vice Consul
The Chancellor for Kurdistan Region Security Council (KRSC) Masrour Barzani and Australian Vice Consul Tim Stapleton on Monday discussed the latest developments in the battle against the Islamic State (IS) as well as bilateral relations.
During his meeting with Barzani, Stapleton extended his country’s gratitude to the sacrifices that Kurdistan Peshmerga forces have made in suppressing the Islamic jihadists.
“The bravery of Peshmerga has echoed all around the world and in talks over defeating IS, the role of Peshmerga should not be overlooked,” Australian Vice Consul stated.
The officials also exchanged views over Australian government’s participation in the coalition against IS and Barzani thanked Australia for his support to Peshmerga.
Barzani and the Australian diplomat also stressed that the issues in the region and Iraq should be resolved in a manner to guarantee the rights of all components so that the resulting peace and stability does not leave any room for extremism to grow.
Read more: http://www.dinarupdates.com/showthread.php?49904-Peshmerga-s-Bravery-Has-Echoed-Around-the-World-Australian-Vice-Consul
______________________________________________________________
Prime Minister Dr. Haidar Al-Abadi receives US Centcom Commander General Joseph Fotel
Prime Minister Dr. Haidar Al-Abadi received at his office Monday the Commander of the Central American Central Command General Joseph Fotel and his accompanying delegation.
During the meeting, they discussed the victories in Mosul and the international support for Iraq in the fight against terrorism, the post-support phase and regional cooperation to support Iraq.
Mr. Fotel congratulated the victories achieved and the continued development of the capabilities of the Iraqi forces and the confirmation of his country’s support for Iraq in its war against terrorism.
Read more: http://www.dinarupdates.com/showthread.php?49892-Prime-Minister-Dr-Haidar-Al-Abadi-receives-US-Centcom-Commander-General-Joseph-Fotel
______________________________________________________________
Follow us on twitter @DinarUpdates !!
Dinar Updates – “News Time” w/BGG & Company!! June 5th – 7:30 pm CST – In the DU Chat Room!!
www.DinarUpdates.com – save as favorite
______________________________________________________________
Yazidi Iraqis call for int’l peacekeeping force
Yazidis in Iraq have called for an international peace keeping mission in their districts, The Baghdad Post reported Sunday.
In a press conference, MP from the Yazidi constituent Haji Kandoor al-Sheikh said, “As representatives for the Yazidi constituent, we have been calling since Aug. 2014 in all international and regional events for an international peacekeeping force to protect the rights of minorities”.
Al-Sheikh stressed Yazidis had lost confidence in the Iraqi forces that left them in the lurch when their territories had been stormed by ISIS terrorists.
“We completely lost confidence in the Iraqi forces. They abandoned us when ISIS stormed our regions in 2014,” he added.
“The US-led international coalition, the United Nations and the European Union are required to send peacekeeping forces to secure civilians’ return to their homes,” he said.
Read more: http://www.dinarupdates.com/showthread.php?49873-Yazidi-Iraqis-call-for-int-l-peacekeeping-force
______________________________________________________________
Iraqi Forces Resume Push into Mosul’s Old City from Southern Front
Iraqi forces have once again attempted to advance into the Old City neighbourhood of western Mosul from the southern front which was halted due to the difficulty of advancement from that side in late April. Consequently, a northern front was opened in May.
The forces backed by warplanes began to attack from the southern front on Monday, said the head of the Iraqi Federal Police Lieutenant General Shaker Jawdat. Seven Islamic State (IS) militants were killed as a result.
The Iraqi Federal Police forces also discovered a burned IS prison with the remains of two men and a woman in the recaptured 17 Tamuz district. The people were “brutally killed,” before they along with the prison were set on fire, Jawdat noted.
The operation to oust IS militants from western Mosul began in February, after the eastern half of the city was declared liberated in January. The operation which began on October 17, 2017, is led by the Iraqi and the international anti-IS coalition forces.
______________________________________________________________
US coalition foil ISIS attack on al-Waleed border crossing in Anbar
US-led coalition warplanes foiled an ISIS attack on al-Waleed border crossing in al-Rutbah district in western Anbar, Commander of Soqour al-Sahraa (Desert Falcons) regiment, Shaker Abu Risha said on Monday.
Two booby-trapped vehicles were used to launch the attack near the Iraqi-Syrian borders, Risha added, noting that the coalition warplanes destroyed the two vehicles which came out from the eastern desert of Anbar.
This comes as the offensive launched on 19th of February by US-backed Iraqi forces, supported by Iranian-backed sectarian IMIS Shiite militias to oust ISIS terrorists from Mosul, their last major stronghold in Iraq enters its last stages.
______________________________________________________________
Federal Police evacuate 14 families from western Mosul’s Zanjili
Mosul (IraqiNews.com) Iraq Federal Police forces evacuated Friday 14 Iraqi families from a western Mosul district where battles approach the birthplace of the Islamic State’s proclaimed “caliphate”.
Almaalomah website quoted a security source saying police evacuated 14 families from Zanjili, a district adjacent to the Old City, the place where IS supreme leader declared the establishment of the group’s rule in Iraq and Syria in 2014.
The families had been trapped for months under IS siege, said the source.
Last Wednesday, the army’s elite Counter-Terrorism Service evacuated 380 civilians from Zanjili.
Islamic State militants have faced accusations by Iraqi and United Nations officials, as well as local and world aid groups, of using civilians as human shields during the battle running in Mosul since October.
U.N. estimates put the number of civilians stranded at the battlefield in the Old City at 200.000, saying they suffer severe shortages in food and medicine.
According to news reports, IS had executed dozens of civilians in western Mosul for attempting to escape to security-held areas or acting as informants for the government troops. Dozens of other civilians were shot dead by snipers on their escape routes.
Iraqi government troops regained control over eastern Mosul in January after three months of fighting. Operations for the western side of the city launched in mid February, and Iraqi generals say a few hundreds of IS fighters remain in the Old City as a last refuge.
______________________________________________________________
Kaperoni (Dinar Guru) […is it better for Iraq to rebuild itself at the present rate or at a re- established rate?] …at this point and time, it does not matter what the exchange rate is regarding rebuilding…since the primary source of revenue is oil sales (95%) which is paid in dollars. And since the dinar is not globally convertible, Iraq pays for goods in dollars. So in that sense they are on the same playing field we are on in the US when we pay for goods. The real benefit comes when the CBI can begin to raise the value to offset inflationary pressure created by investors and investment along with meeting IMF Article VIII compliance. The result will eventually give the citizens a better life, greater purchasing power and most importantly the ability for the CBI to keep its dollars and pay in dinars.
Read more: http://www.dinarupdates.com/observer
______________________________________________________________
Abadi reveals a plan to secure the Iraqi-Syrian border
Baghdad Mawazine News Prime Minister, Commander-in-Chief of the Armed Forces, Haider al-Abadi, announced on Tuesday a plan under his supervision and coordination with the popular crowd to secure the border with Syria, stressing that the Iraqi forces managed to besiege “terrorism” and control of his movement, while promising not to keep any ” , Pointing out that terrorism will not be able to carry out terrorist attacks against Iraqis except with the presence of “Hawadn”.
Abadi called in his weekly press conference, and his follower / Mawazin News / political blocs to “commit to national unity and fight terrorism,” surprising statements that call for “emergency government”, pointing out that “the elections will be held in time,” stressing that ” Changing the constitutional timing “.
On the latest bombing in Baghdad yesterday, Abadi said that the security breach in Baghdad can not be considered as a breakdown as much as an “intelligence disorder”. Some of the voices accused it of giving terrorism greater than its size, and this terrorism wants to achieve “a media and psychological victory.”
“When terrorists target innocent people in Baghdad, some try to discourage morale and morale on the front lines,” he said, adding that “there is a radical plan on joint checkpoints” .
“We have been able to besiege terrorism and control its movement, we will not keep any of the terrorists and we are serious to pursue them,” Abadi said in his weekly press conference, calling on political blocs to “commit to national unity and fight terrorism.”
“A plan has been drawn up under the supervision of the commander-in-chief of the armed forces and in coordination with the popular crowd to secure the Iraqi-Syrian border,” Abadi said.
The commander-in-chief of the armed forces, Prime Minister Haider Abadi, said on Monday (May 29, 2017) that the declaration of “victory” in the city of Mosul will be very soon, while considered the arrival of the popular crowd to the Iraqi-Syrian border “an achievement.”
______________________________________________________________
Paramilitary troops say crossing Iraqi borders requires parliament approval
The Shia-led paramilitary troops have said that crossing the Iraqi borders to other countries requires parliament approval in advance.
In press remarks, Ahmed al-Assadi, spokesperson of al-Hashd al-Shaabi (Popular Mobilization Units) said “armed troops either from army, al-Hashd al-Shaabi or the army’s elite Counter-Terrorism Service crossing the Iraqi borders requires voting by Iraqi parliament as constitution does not allow intervention in other countries’ affairs.”
He considered that “talks about this issue while the country is fighting and clearing the provinces from Islamic State is unreal.”
“The troops will stick to all instructions and commands made by the armed forces commander-in-chief,” Assadi added.
“After retaking all the regions from Islamic State, the PMUs will have a basic role in immunizing areas that suffer weakness in borders control,” he said.
On Tuesday, Syrian Kurdish leader Ciwan Ibrahim said Syrian Democratic Forces will battle against PMUs in case the troops crossed to the Syrian borders.
,
Earlier this week, Hadi al-Amiri, head of Badr Organization, said PMUs reached to Iraqi-Syrian borders.
Last week, al-Hashd al-Shaabi troops resumed the second phase of operations, launched earlier this month, to liberate the remaining villages in the vicinity of Qairawan, a main Islamic State bastion which links between Tal Afar town and the Syrian borders, and Baaj, after the troops announced full liberation of Qairawan.
PMUs, an alliance of more than 60 mostly Shia militias, are recognized by the government as a national force under the Prime Minister’s command.
_____________________________________________________________
BGG (Dinar Guru) – “Our economy is space. Monetary policy is an example” The…article is a VERY HARD translation – BUT IMHO FILLED with DEAD GIVE-AWAYS! …for those pouting about not being rich yet – this is one more log on the FIRE! What it means is – they are doing things (up until now) this economist doesn’t understand and can’t explain. Quotes: “…we urgently need a new economic philosophy that leads to generating development And to expand the supply and demand for local production in all its variants, especially in an important aspect of monetary policy is dealing with the value of the development of the dinar or the liberation of the value of the dinar...” “The liberalization or floating of the currency is not strange or innovative in the money market, it is a tool of the monetary policy…” BOOOOM…That’s all I have to say. That is a DIRECT narrative on the state of the currency value in Iraq. This was published yesterday. Cannot be anymore direct.
Read more: http://www.dinarupdates.com/observer
______________________________________________________________
The central bank sells more than $ 155 million in the auction today
BAGHDAD / The Central Bank of Iraq sold Wednesday a $ 155 million auction.
“The size of the amount sold today amounted to 155 million, 688 thousand and 671 dollars, at an exchange rate of 1182 dinars per dollar, with the participation of 37 banks and 10 companies for financial transfer.”
The statement said that “the sale of amounts transferred to the accounts of banks abroad, as well as the sale of cash was the price of 1190 dinars per dollar.”
______________________________________________________________
______________________________________________________________
Economic “warns” the Central Bank
BAGHDAD / The Economic Committee warned the parliamentary on Wednesday, the central bank to continue its policy classification of banks to varying degrees to participate in the window auction currency, calling him to commit to neutrality and non-discrimination between banks.
“The Central Bank’s policy is one of the reasons for the corruption of its employees because it did not comply with the law that provides for equality and non-discrimination between one bank and another,” the committee said in a statement. Dealing with Iraqi banks. ”
“The central bank must move away from its present in the Central Bank of conflicts of interest and prevailed in the moods and the tendency to reward the party and punish another party without a professional and legal standard,” adding that “manipulation of the implementation of the policy of the Central Bank through individual desires not based on economic grounds A risk that could bring risks to the economy of Iraq, which is undergoing great challenges under the exceptional circumstances experienced by Iraqis. ”
The committee called on the Central Bank’s administration to “close the doors encouraging corruption by some employees of the Central Bank,” indicating that “the opposite will expose the reputation of this ancient institution to danger and lose confidence, which will negatively affect the overall monetary situation in the country, Value of the national currency “.
The parliament’s economic committee called on the central bank to “abide by neutrality and non-discrimination between banks and deal equally in the window of currency sale and the abolition of the policy of classification based on discretionary calculations to avoid our resort to questioning and questioning under the parliament.”
Read more: http://www.dinarupdates.com/showthread.php?49658-Economic-quot-warns-quot-the-Central-Bank
______________________________________________________________
Kaperoni (Dinar Guru) – Artile: “Experts: float the currency needs to be a productive economy and not Rieia (rentier)” Quote: “…to float the currency now in Iraq can not talk about that simple, as needed to advance measures…it could be done if the transformation of the Iraqi economy from a yield to productive…” This is actually a really good article because they state very clearly that under the current conditions they cannot float the dinar…and only once the market economy begins can they do so. So we continue to wait for Iraq to set the stage for investment. Pass the needed laws, get the dinar in compliance with the IMF, etc. to move to Article VIII. Only then will we see the dinar float and rise based on market forces. I am hopeful that yet this year we can see that happen.
Read more: http://www.dinarupdates.com/observer
______________________________________________________________
Governor of Baghdad is discussing with a Swiss company the establishment of waste recycling project capital
Economy News _ Baghdad: Baghdad Governor Atwan al-Atwani on Wednesday discussed with a delegation of a Swiss company involved in waste recycling projects the implementation of a similar project in the province.
The press office of the governor said in a statement that “Al-Atwani discussed with a delegation of one of the Swiss companies concerned with waste recycling projects, that the province is keen to adopt such projects and is a pioneer in inviting international companies competent to work in the province of Baghdad, Adding that “the province is ready to provide infrastructure and provide various facilities and legal and administrative procedures for the transfer and implementation of investment projects in this area.”
He added that “the local government encourages international investment companies to work in the province and provide all the necessary support for the implementation of these projects, which benefit the province and its citizens.”
The secretariat of Baghdad, had contracted earlier with a Turkish company to clean up 30% of the capital Baghdad for 31 billion dinars, but the contract did not last long, the return of waste to the streets, especially in commercial areas.
______________________________________________________________
Oil falls as production of Libya and America rises
Economy News BAGHDAD, Decreased Prices Oil One percent Today Wednesday With a plus Production The Libyan Which Agate Fears the list Already From Height Production American Including Undermines Discounts Production Which Led (OPEC) With a view Reducing Gap between Display And demand at Market .
By At 0657 hours Greenwich Decreased raw Measurement Global Mix Brent at Contracts Futures 54 cents or One percent About Closure the previous Up To $ 51.30 Per barrel .
He slipped raw West Texas Mediator American at Contracts Futures 51 cents or One percent About price Closure the previous Up To $ 49.15 Per barrel .
And he said Traders that drop the prices came result Height Production at Libya Which rip it Conflict and he What Increase From Sharpness Effect the growth Continuing Production American .
She said Enterprise National Of oil at Libya day Monday that From Expected that Rises Produce Libya From Raw To 800 thousand barrel Daily This Week .
And from Likely that Boosts that exports Libya From Oil . Showed Data Shipping On platform Thompson Reuters Econ it’s a With Exclude Exports Movable Across Lines Pipes Issued Libya 500 thousand barrel Daily at Average Ago Beginning General Comparison With Average Amounting to 300 thousand barrel Daily Just In 2016.
It is due a plus Production American to me end Big For high Activities Drilling For exploration About Oil Rocky More From ten percent Ago Mid General the past To exceed 9.3 million barrel Daily Including Approximates Levels Saudi Arabia And Russia Larger Producers Of oil at World .
And undermines Height Production American And Libby Efforts Which Made organization the countries Exporting ( OPEC ) and some Producers Outside And from between them Russia To shrink Gap between Display And demand at market Overheated Supplies From During scale down Production About 1.8 million barrel Daily Even End Quarter the first Of 2018.
And Libya member at organization OPEC but she Exempted From Discounts Production While No Involved the states United Nations at That Deficiencies .
And reached Produce Russia From Oil is 10.94 million barrel Daily at May May Including In line With Pledges By reducing Production According when I mentioned Resources day Wednesday .
Read more: http://www.dinarupdates.com/showthread.php?49645-Oil-falls-as-production-of-Libya-and-America-rises
______________________________________________________________
BGG (Dinar Guru) – I am very excited about the current state of things. I am very excited about the next short time frame… I think we are in an incredible window of time right now…and I do feel – if things advance as they have been – we could be very, very close. Maybe not today or tomorrow, but legitimately CLOSE. Unlike ever before. (keep in mind – we have been close before – the CBI had planned on 2013? sometime and put it off). According to the SIGR Report. We are close. REAL CLOSE.
Read more: http://www.dinarupdates.com/observer
______________________________________________________________
Today we remember the men and women who made the ultimate sacrifice in serving. Thank you, God bless your families & God bless the USA! –
President Trump
______________________________________________________________
______________________________________________________________
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/
______________________________________________________________
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/
______________________________________________________________
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/
______________________________________________________________
Click this link to join the DU “private” FaceBook Group…
https://www.facebook.com/groups/571383766355188/
(go here and ask to join… then add some Dinar Friends!!)
______________________________________________________________
Iraqi Dinar/Dollar auction 06-5-17 (most recent listing)
Currency Auctions Announcement No. 3458
This daily currency auction was held in the Central Bank of Iraq on the 06-01-2017
| DETAILS | NOTES |
| Number of banks | 33 |
| Number of remittance companies | 9 |
| Amount sold at auction price (US$) | 156,758,501 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 156,758,501 |
| Total offers for selling (US$) | —– |
Read More: http://www.dinarupdates.com/observer/
______________________________________________________________
| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1184.000 | 1182.000 |
| Euro | EUR | 1328.093 | 1327.429 |
| British pound | GBP | 1521.854 | 1521.093 |
| Canadian dollar | CAD | 876.777 | 876.339 |
| Swiss franc | CHF | 1218.859 | 1218.250 |
| Swedish krona | SEK | 136.280 | 136.212 |
| Norwegian krone | NOK | 139.920 | 139.850 |
| Danish krone | DKK | 178.526 | 178.436 |
| Japanese yen | JPY | 10.606 | 10.601 |
| Special Drawing Rights |
SDR | 1637.839 | 1637.020 |