Jubouri and Hakim emphasize the importance of initiating reconciliation
Speaker Salim al-Jubouri discussed with the head of the National Alliance Ammar al-Hakim on Thursday developments in the security and political situation in the country and the region, the conduct of fighting in the city of Mosul and the start of reconciliation and reconciliation.
A statement by al-Hakim’s office received by al-Ghad Press said that the latter received in his office Speaker of the House of Representatives Salim al-Jubouri and discussed with him the latest developments in the security and political situation in Iraq and the region and the near declaration of victory over the terrorist in Mosul and the launching of the national settlement project. The settlement is subject to guarantees, guarantees and mutual concessions. ”
He stressed Hakim, according to the statement, on “accompanying security achievements with a political achievement,” noting “the need for Iraq to the developmental and social and economic treatments and these treatments are not only a government task, but the task of all political actors.”
He called on the House of Representatives to “adopt important laws and direct contact with the Iraqi citizen as well as important laws that affect the structure of the state and the completion of construction,” stressing that “the laws have been extensive studies mature,” pointing to “the importance of consulting the research bodies in universities and institutions to draft laws “He said.
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Iraq presents a plan for the reconstruction of liberated areas starting from 2018 and ending in 2027
Minister of Planning / Minister of Trade Salman Jumaili said that the next stage (the post-liberation stage and the end of Isis in Iraq) will witness broad economic and investment trends within the framework of the reconstruction and development of the liberated areas through focusing on the development of the private sector and the business environment.
This came during the participation of Jumaili in the work of the Conference on Investment, Trade and Reconstruction in Iraq, organized by the Iraqi Embassy in London in cooperation with the British Chamber of Commerce and Industry – British this week with the broad participation of Iraqi businessmen and British companies.
During the conference, Al-Jumaili reviewed Iraq’s vision for the next phase, and related to investment, reconstruction and the business and trade environment for the post-liberation period, pointing out that the Ministry of Planning and in cooperation with national and international partners have identified development paths that are consistent with the global trends to achieve the goals of sustainable development until 2030. Leapfrog to prepare a five-year national development plan (2018-2022).
Al-Jumaili added that the ministry prepared a detailed plan for the reconstruction of the liberated areas for the period 2017-2027 based on the economic and social recovery of these areas by focusing on the vulnerable groups, empowering the youth and enhancing their basic abilities, And to invest them as development opportunities to bring about the best changes and results. He pointed out that the reconstruction plan will be linked to the next two national development plans (2018-2022) and the second (2023-2027) to ensure their implementation and provide the necessary funds to complete infrastructure projects. S economic, human and social development.
The statement added that the Minister of Planning spoke during the conference about the economic trends towards enhancing public-private partnership and partnership with foreign parties and government plans to settle government contracts and invest and attract internal and external capital
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Phillyman (Dinar Guru) – Article: “IRAQI PM CONGRATULATES TROOPS ON ‘BIG VICTORY’ IN MOSUL” Looks like Abadi went ahead with an announcement even though they are not done the liberation probably for the symbolism of it being the 3rd anniversary of al- Baghdadis sermon at the Mosul mosque.
Read more: http://www.dinarupdates.com/observer/
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After the accolades received by the Iraqi Conference on Trade and Investment … Habib stresses the need for coordination between the banking sectors of Iraq and Britain
Iraqi News Local Comments after the accolades of the Iraqi Conference on Trade and Investment … Habib stresses the need for coordination between the Iraqi and British banking sectors closed
The Secretary-General of the Iraqi National Congress Party, Mr. Aras Habib, on the sidelines of the Iraq Conference on Trade and Investment, held in London, the need for coordination between the banking sectors of Iraq and Britain, adding: We believe that it is useless to strengthen the economy without close ties between British banks and banks Iraq.
Where the Iraq Conference on Trade and Investment praised the political and economic figures after the end of its work in the British capital London under the auspices of the Islamic Bank of the country, which chairs its Board of Directors and was elected Secretary-General of the Conference at the end of last year.
British Ambassador to Baghdad Frank Baker, among those who hailed the conference and its results, said: The Iraq Conference on Trade and Investment is an important event and foreign investment plays a vital role in Iraq.
Among the Iraqi economic expert (Saleh al-Hamashi): If the conference achieved its objectives, it will lead to economic stability helps to maintain security in the liberated areas.
While the Iraqi ambassador in Russia (Haider al-Athari) his opinion saying: Iraq conference for trade and investment represents a great event and an opportunity to encourage British companies to enter the Iraqi labor market.
As the economist (Raed Hashemi) pointed out that the Iraq conference is of great importance and Iraq is one of the best investment environments in the world.
Iraq’s conference on trade and investment under the patronage of the Islamic Bank of Bilad receives praise from political and economic figures after the end of his work in the British capital London.
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Phillyman (Dinar Guru) – [Once they finally clear ISIS wonder what the next obstacle is gonna be before we see a change in the rate…] …Even though they clear IS out of Mosul they are still in many other areas of Iraq. Will it stop the changes we are looking for from moving forward? Violence has permeated the region for centuries. [Guru] Breitling says the Sunnis will always hate the Shia but that it will not impact this reform. There seem to be too many countries/businesses pouring assets into Iraq to think it won’t turn around soon but of course time lines have brought so much frustration to this investment.
Read more: http://www.dinarupdates.com/observer/
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Adam Montana (Dinar Guru) – [Could Iraq state that only currency handed in to Iraq with-in its borders be given the preferential rate to start with? Please don’t think this is somehow an in country RV question I am asking as we know that rumor is totally bunk. Just thinking they may want to control the influx of currency to begin with is what I am getting at in a nutshell I guess.] I think that what you are describing is still an in-country RV, with a twist that the in-country part is temporary. If that’s what you are asking, then yes – it is possible. I don’t think it’s likely, but it is possible.
Read more: http://www.dinarupdates.com/observer
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Headed by Iraq .. The Arab Water Council meets and calls for supporting Baghdad with
The Arab Water Ministerial Council on Thursday called on Arab countries to support the Iraqi government in the reconstruction of water resources facilities.
The Council, at the end of its ninth session held at the headquarters of the Arab League, chaired by Iraq, decided to support the donor conference to support the central desalination plant in the Gaza Strip, which is being organized in coordination with the Union for the Mediterranean, the European Investment Bank for Development and the Islamic Development Bank, .
The Council called on the Arab funds to “finance the desalination plants in the Gaza Strip,” and called on the international community and international, regional and Arab organizations to support the Iraqi government in the reconstruction of water resources facilities destroyed by the terrorist gang in the liberated areas to provide water services to all sectors contributing In the return of displaced persons to their homes and areas of origin. ”
The Arab Ministerial Council on Water called on the Council of Arab Ministers Responsible for the Environment to “attach importance to the issue of water pollution in the Arab region, as well as the provision of technical support and capacity-building in the area of basic indicators of sustainable development objectives”.
Read more: http://www.dinarupdates.com/showthread.php?51596-Headed-by-Iraq-The-Arab-Water-Council-meets-and-calls-for-supporting-Baghdad-with
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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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Security forces fight last hours battle in Mosul
Federal Police forces are fighting the last hours of battle against ISIS in al-Nujaifi street in Mosul’s Old City, Lieutenant-General Raed Shaker Jawdat, commander of Federal Police Forces, revealed on Friday.
Jawdat said that his forces are achieving goals courageously, adding that ISIS terrorists are besieged in a 250 m area in al-Nujaifi street.
On Thursday, Federal police units controlled an underground ISIS training center in Albu Saif village in southern Mosul.
This comes as Iraqi security forces ousted ISIS terrorists from the right bank of Mosul and are currently sweeping the war-torn city to cleanse it from the terror group’s remnants.
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.
Read more: http://www.dinarupdates.com/showthread.php?51590-Security-forces-fight-last-hours-battle-in-Mosul
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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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The reference calls for job opportunities for graduates in the public and private sectors
Baghdad / Sky Press: The religious authority in Najaf province on Friday called on the government to provide employment opportunities for graduates in the public and private sectors.
“The state is responsible for providing job opportunities for graduates in the public and private sectors,” said Ahmed Al Safi, the representative of the Red Cross in Karbala.
“Those responsible should provide opportunities for graduates so that they can serve this country,” he said.
On the other hand, Al-Safi pointed out that “students in the sixth preparatory stage are taking the final exams at this time, and the conditions must be provided for examinations.”
And, that “the student comes to the exam is intensified by the conditions of heat and power cuts, and we must think about our children and their future and solve the problems of students.”
Read more: http://www.dinarupdates.com/showthread.php?51604-The-reference-calls-for-job-opportunities-for-graduates-in-the-public-and-private-sec
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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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Ministry of Electricity cancels the contract of an Emirati company in Basra
The Ministry of Electricity has concluded the contract of an Emirati company contracted to operate and rehabilitate the electricity network of the electricity distribution districts of northern Basra.
According to a document in which the director of the General Directorate of Electricity Distribution of the South, Mohamed Abdel Amir Hussein, “the minister agreed to terminate the contract of Dow Al-Jumaih for investment in the distribution sector of the northern regions of Basra and to take legal action against them because of the company.
“The contract with the UAE company was for the maintenance and rehabilitation of the electricity network of the districts of the distribution of electricity north of Basra has been canceled because of their lack of work since the date of signing the contract and even though the frequent correspondence with them and the latest warning book.”
He noted that “the UAE company will be loaded all the legal consequences under the contract and instructions in force.”
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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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For the first time in Iraq the opening of the Brazilian commercial agency (BIG Lebanon) in Najaf
The Brazilian commercial agency ( BIG Lebanon) opened its first franchise in Iraq in Najaf province through an official ceremony held under the auspices of the Brazilian Embassy in Iraq, in the presence of the Brazilian Ambassador, Governor of Najaf and many economic figures in Lebanon and Najaf.
“Relations between Iraq and Brazil are old but now they are developing more through investment, Brazil is a multi-freedom country and so are the various industrial, commercial and agricultural fields,” Brazilian Ambassador to Iraq Miguel de Malaga Lehez said.
“We offer this company today to contribute to the development of trade relations between Iraq and Brazil and for Najaf, this holy and safe province, which is important to be our starting point for the development of trade relations in future projects.
For his part, the governor of Najaf Luai Yasiri said that “the opening of the project came to the presence of security in this province, which made the Brazilian ambassador to open the project himself,” noting that “the project is a step in the right direction as it will contribute to raising the economic level of the province.
Al-Yasiri added that “many economic issues that concern both sides have been discussed through investment in the agricultural and industrial sectors. This will revive the economy and employ hundreds of workers. In the future, a delegation from Najaf will go to the government and its merchants to benefit from mutual trade.
“The company is one of the oldest companies in all commercial fields and enjoys the reputation and business sensitivity in the Middle East in particular and the world in general and today we open the first branch in Iraq in Najaf and will be on the pan The country came as a result of safety in the province as well as being one of the most famous Brazilian brands in shoes of all kinds and many products in this field for all ages and both sexes.
“The Brazilian ambassador in Iraq very much welcomed the presence of his country’s products in Najaf,” he said. “At the same time, he thanked the management of the province for its cooperation and support of the commercial movement in Najaf, as well as the personalities from Lebanon and Najaf who contributed to the success of the project.
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Oil prices fall due to increased US production
Trend Press / Agencies Oil prices fell more than 1 percent on Friday as US crude futures fell below $ 45 a barrel on news of increased US production and following earlier reports that OPEC production also rose.
Brent crude futures were down 61 cents, or 1.3 percent, at $ 47.50 a barrel, according to Reuters.
US crude fell 58 cents, or 1.3 percent, to $ 44.94 a barrel.
The news of increased production overshadowed the positive sentiment created by the decline in US crude and gasoline stocks.
Read more: http://www.dinarupdates.com/showthread.php?51600-Oil-prices-fall-due-to-increased-US-production
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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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Kuwait distributes food aid on the right side of Mosul
The charity “Ronahi” charity on Friday distributed food aid to the people of the right side of the city (Mosul) in cooperation with the Iraqi Consulate General of the city of Arbil, capital of the Kurdistan region of Iraq.
The foundation was distributed in cooperation with the Kuwaiti consulate in Erbil and coordinated 500 food baskets with 500 families in the district of July 17 and the area of Musheiref in the right side of Mosul, the official told KUNA.
She added that ‘the people of those areas liberated by the Iraqi forces recently face very difficult living conditions and we have seen during the distribution fatigue, hunger and despair in the faces of people because of the suffering they have gone through’.
Last month, the Kuwaiti Red Crescent Society (KRCS) carried out a week-long relief and humanitarian campaign for displaced people in Mosul, during which at least 150 tons of foodstuffs and purchase vouchers were distributed in the Kurdistan region and liberated neighborhoods of Mosul.
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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 |