Islamic State cornered in Mosul as Iraq prepares victory celebrations
Islamic State fighters were battling to hold on to the last few streets under their control in the Old City of Mosul on Monday, in what looked like a hopeless last stand in their former stronghold.
In fierce fighting, Iraqi army units forced the insurgents back, cornering them in a shrinking rectangle no more than 300 meters (yards) wide and 500 meters long by the Tigris river, according to a map published by the military media office.
Smoke covered parts of the Old City, rocked by air strikes and artillery salvos through the morning.
The number of Islamic State (IS) militants fighting in Mosul has dwindled from thousands at the start of the government offensive more than eight months ago to a mere couple of hundred now, according to the Iraqi military.
Reaching the Tigris would give Iraqi forces full control over the city and is expected by the end of this week. Prime Minister Haider al-Abadi is expected to visit Mosul to formally declare victory, and a week of nationwide celebrations is planned.
Mosul is by far the largest city ever controlled by Islamic State. It was here, nearly three years ago to the day, that it declared the founding of its “caliphate” over parts of Iraq and Syria.
The city’s fall would mark the effective end of the Iraqi half of the caliphate, although the group still controls territory west and south of Mosul, where tens of thousands of civilians live.
The group is retaliating with suicide attacks in the parts of Mosul taken by Iraqi forces and elsewhere in the country.
A suicide bomber dressed as a veiled woman killed 14 people and wounded 13 others in a displacement camp west of the capital Baghdad on Sunday, security sources said. IS claimed responsibility.
A U.S.-led international coalition is providing air and
ground support to the Mosul offensive by the Iraqi army, elite Counter Terrorism Service units and militarized police.
Thousands of people have fled the densely-populated Old City over the past 24 hours, state TV said.
But thousands more are believed trapped in the area with little food, water or medicine, and are effectively being used as human shields, according to residents who managed to escape.
Months of grinding urban warfare have displaced 900,000 people, about half the city’s pre-war population, and killed thousands, according to aid organizations.
Islamic State leader Abu Bakr al-Baghdadi has left the fighting in Mosul to local commanders and is believed to be hiding near the Iraq-Syrian border, according to U.S. and Iraqi military sources.
The group has moved its remaining command and control structures to Mayadin, in eastern Syria, U.S. intelligence sources have said.
Read more: http://www.dinarupdates.com/showthread.php?51358-Islamic-State-cornered-in-Mosul-as-Iraq-prepares-victory-celebrations
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Barzani: Kurdistan Region Seeking Independence Through Peaceful Means
Kurdistan Region President Masoud Barzani received on Sunday the Dutch Ambassador to Iraq Jan Valtmans and his accompanying delegation.
During the meeting, a range of topics were discussed, including bilateral relations between Kurdistan Region and Netherlands and the country’s role in the fight against the Islamic State (IS) and its military assistance for the Iraqi and Peshmerga forces.
The Dutch ambassador stated that his country is concerned about the future of the liberated areas in Iraq and the public services for the people.
Barzani thanked Netherlands for its role in the battle against terror and its support for the Peshmerga forces. He noted that the post-IS era is sensitive, explaining that if the factors that led to the rise of IS persist, serious issues will emerge.
The pair also shed light on the future of Iraq, and Barzani mentioned the factors that forced Kurdistan Region to step towards referendum for secession from Iraq.
Barzani reiterated that Kurdistan Region’s people are seeking to achieve independence and secure their rights through peaceful means.
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Breitling (Dinar Guru) – There’s lots of great news on what’s been happening. Some very very good news coming out…you’ll love it. The key is…to put everything on table so you can talk about this subject correctly. And that’s all it is. That’s my secret…People don’t get that a part of a country’s currency is part of it’s policy and strategy. And what comes after that? You have operations and tactics…none of this is a mystery. How do you define a country’s currency a scam? The idea is, is it going to gain value? Is that a scam? The Iraqi dinar is not a scam. When I got in on this investment I got a report from the IMF… Some of the information we had to pay for, some of it we found but it was undervalued. They said the real value was between 4 and 12 cents. That’s how I got into the Iraqi dinar…Before the Iraqi dinar came out…they had these conspiracy theories out on how it’s the dumbest thing in the world because they’re in the middle of a war. We know they’re in the middle of a war…that’s why we’re investing. What do you want to wait for it to be expensive and then invest? [Part 1 of 4]
Read more: http://www.dinarupdates.com/observer/
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Adam Montana (Dinar Guru) – […I know that an RV, from all signs, is fairly imminent…Do you have a set of criteria or parameters that would convince you that the RV was legit and actually happening that you could share with us?] Legitimate confirmation from my sources, which include people of the highest level. Will I share them? Nope.
Read more: http://www.dinarupdates.com/observer
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The central bank reveals an important meeting with the International Monetary Fund
Governor of the Central Bank revealed on the Keywords, on Monday, for an important meeting with the International Monetary Fund during the month of August next pointing out that the basis of the reimbursement of Iraq Fund grants and loans agreed upon launch requirements
Keywords and said in an interview with the newspaper (morning) seen by the “Economy News”, an important meeting will be held with the International Monetary Fund in the month of August and will be based on the reimbursement of Iraq Fund grants and loans agreed the launch of the requirements of them after submission (supplementary budget) to pay the dues of peasants contractors and suppliers and several sections of other expenses.
He said the Keywords, that the IMF requirements in this area indicated to the article says (in case it is needed to prepare the budget complementary to the implementation of the payment of dues the government should provide budget supplemental to establish a legal cover for the payment of these receivables as well as make some adjustments based on the change that happened on oil prices or due to an increase in some expenses) and the objective of the IMF from these observations is to be retained on the ceilings specified for the expenses .
Keywords pointed out that at the last meeting was at the International Monetary Fund, there were observations on the commitment to assignments planned in the general budget of the state and the presence of Diffraction them sometimes and I have explained to them that Iraq and by virtue of the relatively unstable conditions that passes Bha- can not adjust the melodious in which because of a lot of variables and circumstances and having understood it they demanded that there be a legal cover for these new changes
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BGG (Dinar Guru) – …I half way didn’t expect them to do this..but folks this is real. They are going to turn over the last bit of whatever is remaining in those funds…the food for oil program to Iraq and they are recognizing them as a country. They are not talking about letting them out of Chapter VII and it’s not even under chapter VII. This is Chapter VII charter. It’s a protection program. Looks like to me they had the meeting in 3 minutes and they put their rubber stamp on it and it’s over. It’s not the end of the security file…it’s the end of that particular program. There’s one more log on the fire. [post 2 of 2]
Read more: http://www.dinarupdates.com/observer/
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Frank26 (Dinar Guru) – [How excited are you today from yesterday?] MORE. [Why more sir?] BECAUSE THEY ARE RVING IMO. [When they change their rate, do you think there will be a delay with u.s. banks finding out about the rate change?] OH NO!!! THEY R READY. [IYO, Do you…believe that the new CBI website will realistically be fully ready by June 30, for the new International financial world?] WE DO NOT KNOW…JUST EXCITED THAT THEY R CHANGING IT. [IYO is the CBI web site now being hosted within Iraq?] …YES. [so much has taken place since the 12th of June, so many articles talking about internationlism with the IQD, IYO, is the 26th-30th still promising?] …WE STUDY 26/30 RT NOW BECAUSE IT IS LOGICAL…SUFFICE IT TO SAY…THINGS ARE UNUSUAL AND EXCITING ON THE MR [Monetary Reform].
Read more: http://www.dinarupdates.com/observer/
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Phillyman (Dinar Guru) – I am so encouraged by all that is taking place… Of interest today. I see that Warka paid out interest early, usually do it the last day of the month. Have no idea why that would change.
Read more: http://www.dinarupdates.com/observer/
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The Central Bank of Iraq reveals an important meeting with the International Monetary Fund
The governor of the Central Bank Ali Al-Alak, on Monday, an important meeting with the International Monetary Fund during the month of August next, noting that the basis of Iraq’s fulfillment of the requirements of the Fund launch of grants and loans agreed upon.
Al-Alak said that an important meeting will be held with the International Monetary Fund in August and will be based on Iraq’s fulfillment of the requirements of the Fund to launch grants and loans agreed after the submission of (supplementary budget) to pay the dues of farmers and contractors and processors and several sections of other expenses.
Al-Alak explained that the requirements of the IMF in this area pointed to the article says that (if necessary to prepare a supplementary budget for the implementation of the payment of dues, the government to provide a supplementary budget to develop a legal cover to pay these receivables and make some adjustments based on the change that happened Oil prices or due to an increase in some existing expenses). The IMF’s objective of these observations is to maintain the ceilings set for expenditures.
He pointed out that at the last meeting of the International Monetary Fund there were observations on commitment to the allocations of the State budget and the existence of a discrepancy in some cases, and we have explained to them that Iraq and the circumstances of the relatively unstable it is going through – can not adjust the rhythms because of Many variables and circumstances, and after you understand that they demanded that there be a legal cover for these changes.
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“Flash Cast LIVE” – Tuesday (the 21st) w/BGG
Click here for Video Replay
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Kaperoni (Dinar Guru) – “CBI website has a new look!” This is a good sign. I know it’s easy to just assume they are remodeling there website..but I think its much more. With all the speculation that the banking system must open up to perpetuate international activities to support global investment, this new website to me is much more polished, professional and institutional. We could be getting closer.
Read more: http://www.dinarupdates.com/observer/
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Chattels (Dinar Guru) – “CBI website has a new look!” “H.E Mr. Ali Muhsin Ismail / Acting Governor and Head of the Executive Board” I believe that the reference to Ismail as the “acting governor” is a change.
Read more: http://www.dinarupdates.com/observer/
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NATO: Our support for Iraq goes beyond the phase of liberating Mosul
NATO Secretary-General Jens Stoltenberg welcomed the liberation of the city of Mosul from a staunch terrorist.
“When [Dahsh] is defeated and Mosul is liberated, then we need Iraqi forces capable of creating the right conditions for stability, peace and development,” Stoltenberg told a news conference on Thursday evening after the conclusion of the meeting of NATO defense ministers.
“We believe that the role of NATO in Iraq goes beyond the liberation of Mosul and the defeat of [Da’sh] and we are now working to help the Iraqi authorities in the development of security institutions.”
He stressed that military operations in Iraq were always aimed at defeating Da’ash.
Security forces are battling the last battle stations to regain control of the city of Mosul, the main bastion of Daish in Iraq since mid-2014.
Mosul is the second largest city with a population of 2 million before it fell.
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MilitiaMan (Dinar Guru) – The UNSC Doc published just under three weeks ago this Friday told us all, that there was going to be an action within June 2016 [2017 ?]. That action has a time line by and or before the end of the month. That action is a reaction to things accomplished or that action wouldn’t have even been mentioned. The UNSC escrow account is being funded or well closed out if you will. End game, symbolically. That has meaning that is profound! The Oil for Food program is to be done and gone for ever… I may be wrong, but, that imo is Chapter 7 done in regards to MR and acceptance of Article 8 is in effect or will be, once in synchronization. [post 1 of 3….stay tuned]
Read more: http://www.dinarupdates.com/observer/
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Enorrste (Dinar Guru) – [The debate continues….] Each of us is looking at a different set of numbers. In any case, I would personally take Keywords at his word, regardless of the numbers. Saleh’s statement is sort of like Trump’s “I hope” statement. “Like a hard curency” is not the same as “world reserve currency” in my view. I believe that, unless Planet X wipes us out in the next year or so, the dinar will become a world recognized currency. When is another question entirely. I started this over 10 years ago and am still waiting for it to just start, let alone finish. [reference Guru mike’s post 6-20-2017….will the debate continue?]
Read more: http://www.dinarupdates.com/observer/
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Al – Muthanna denies the issuance of the results of the third average: will be announced after the feast
The Directorate of Education in Al-Muthanna province Wednesday denied any results regarding the third intermediate grades, likely to be announced next week.
“The media office in the Ministry of Education confirmed that the correction process has not yet been completed for all the results of the training in Baghdad and the provinces because of the enjoyment of teaching staff working in the Central Examination Checkbook in the Ministry of Eid holiday,” said Director of Education Media, Abbas al-Zaidi, .
He explained that “every manifestation on the social networking sites regarding the results of the examination is false and incorrect results, and the ministry did not announce any results for the ranks of the third medium.”
He added that “the ministry once completed the correction process will be officially announced through official channels,” noting that “the Ministry is likely to announce the results during the next week through the official website of the Ministry of Education, as usual through Internet links, and everyone can see them.”
Zaidi said that “provincial schools separately nominated a number of teachers as teachers and were sent to the audit and correction center in the ministry in Baghdad, for a period of 15 days to about 30 days, and will continue to complete their work after the Eid,” pointing out that “the debugger receives wages equivalent His work is about 600 dinars for correcting one exam book, in addition to the amount of his delivery. ”
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“Faith sees the invisible, believes the unbelievable, and receives the impossible.”
– Corrie Ten Boom
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Oil rises to the highest level in two weeks
Twilight News / Oil prices rose to the highest level in two weeks on Thursday to continue to rise for the sixth consecutive session, after weekly data showed a decline in US production, including reduced concerns about an increase in the surplus supply.
Crude prices fell to their lowest level in ten months last week, but has since risen more than seven percent to continue the longest rally since April.
The futures rose to global crude measurement Brent 33 cents to $ 47.64 a barrel by 0832 GMT, after touching the highest level in two weeks at $ 47.83 earlier in the session.
WTI prices rose US median 32 cents to $ 45.06 a barrel. Crude and recorded the highest level during trading at $ 45.24 and is also the highest level in two weeks.
US government data showed on Wednesday that domestic crude production of 100 thousand barrels per day last week, fell to 9.3 million barrels per day in the biggest drop since July July 2016.
Some analysts and traders said the decline is linked to temporary factors such as the risks associated with tropical storm Cindy in the Gulf of Mexico and maintenance work in Alaska.
Investors ignore the negative news is the sudden rise of 118 thousand barrels in US crude stocks, according to weekly data showed.
Global oil supplies are still plentiful, despite production cuts pursued by the Organization of the Petroleum Exporting Countries (OPEC) and other producers by 1.8 million barrels per day since January
Read more: http://www.dinarupdates.com/showthread.php?51117-Oil-rises-to-the-highest-level-in-two-weeks
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Yacoubi-calls-on-the-executive-and-legislative-authorities-to-take-care-of-wounded
The religious authority Sheikh Mohammed al-Yaqoubi on Thursday called on the executive and legislative authorities to pay attention and exert efforts to redress and care for wounded Iraqi army like other types of security forces.
“We warn of the consequences of negligence and failure to meet the promises of those involved in the wounded of the Iraqi army, which may produce negative effects that extend to the Iraqi army,” said Yacoubi in a statement received by Al-Ghad Press.
The next generation of the problems faced by their lives and the lives of their families because of the disability or disability suffered by them, or because of the chronic health problems they suffer as a result of their military duties, which left a painful impression on their family and livelihood.
He added that the executive and legislative authorities to pay attention and efforts to provide justice and care for the wounded Iraqi army, like other brave types of security forces.
The people also cherish their courage, defeat and immortalize their positions, heroines and sacrifices in various ways and ways, and boast them before the whole world to be passed on to generations after generation. ”
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Abadi briefed on the developments of the liberation of Ayman Mosul and issued directives “resolve the battle”
The Prime Minister briefed the commander of the armed forces Haider al-Abadi on Thursday night on the latest military developments to liberate the right side of the Mosul, and issued directives to the security forces and their leaders to “resolve the battle.”
The Office of the Prime Minister of Media that “Abadi briefed on the latest military developments for the liberation of the right side of the Mosul,” noting that “this came during his visit to the headquarters of joint operations and meeting leaders
“The battle plans have been discussed, and the guidance of our heroic forces and leaders is given to resolve the battle,” the statement said.
“The sacrifices of our forces and the blood of martyrs and wounded have had a great role in achieving victory, and we are determined to liberate the entire territory of Iraq, which was raped by terrorist gangs,” he said. “He said.
It is noteworthy that the security forces are engaged in battles to liberate the remaining areas under the control of the organization “Daqash” in the right side of the city of Mosul, where it made significant progress and the organization suffered heavy losses of lives and equipment, while the military information cell, previously, the liberation of 50% From the old city until now.
Military and security operations are coming, Nineveh ”
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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
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Iraq’s Abadi says committed to pay Kuwait compensations
Abadi and Kuwaiti emir Abadi and Kuwaiti emir. Iraqi Prime Minister, Haider Abadi confirmed Wednesday his country’s commitment to pay the rest of Kuwait compensation estimated at $ 4.6 billion
Abadi described the move as “an obligatory decision
In a press statement, Abadi said Baghdad has provided the Kuwaiti government with information about the missing Kuwaitis
Abadi pledged to end all other issues with Kuwait, pointing out that the two countries have succeeded in restoring balance to their relations
Prime Minister Haider Abadi visited Kuwait last Wednesday as part of a three-day regional tour that also included Saudi Arabia and Iran
Read more: http://www.dinarupdates.com/showthread.php?51137-Iraq-s-Abadi-says-committed-to-pay-Kuwait-compensations-June-28-2017-11-06-PM
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Iraqi Dinar/Dollar auction 06-21-17 (most recent listing)
Currency Auctions Announcement No. 3470
This daily currency auction was held in the Central Bank of Iraq on the 06-21-2017
DETAILS | NOTES |
Number of banks | 39 |
Number of remittance companies | 10 |
Amount sold at auction price (US$) | 159,617,756 |
Amount purchased at Auction price (US$) | —– |
Total offers for buying (US$) | 159,617,756 |
Total offers for selling (US$) | —– |
Read More: http://www.dinarupdates.com/observer/
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CURRENCY | CODE | SELL | BUY |
US dollar | USD | 1184.000 | 1182.000 |
Euro | EUR | 1325.962 | 1325.299 |
British pound | GBP | 1515.757 | 1514.999 |
Canadian dollar | CAD | 895.884 | 895.436 |
Swiss franc | CHF | 1219.613 | 1219.003 |
Swedish krona | SEK | 135.962 | 135.894 |
Norwegian krone | NOK | 140.286 | 140.216 |
Danish krone | DKK | 178.289 | 178.200 |
Japanese yen | JPY | 10.663 | 10.657 |
Special Drawing Rights |
SDR | 1636.868 | 1636.050 |