" The Dinar Daily ", Friday, 30 May 2014 - Page 2
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Thread: " The Dinar Daily ", Friday, 30 May 2014


    
  1. #11

    UNDC, officially opens in IRAQ..

    Special Representative of the Secretary-General of the United Nations in Iraq officially opens office in Basra

    Special Representative of the Secretary-General of the United Nations in Iraq officially opens office in Basra
    News Source:Ali Salman
    Section:News

    Readers Number:1






    Opened the Special Representative of the Secretary-General of the United Nations in Iraq, Nikolay Mladenov Branch Office of the United Nations in Basra, southern Iraq.
    The Mladenov in his opening speech that "the opening of this branch office demonstrates the commitment of the UN to provide services in locations closer to the beneficiaries, and build stronger partnerships with local authorities and civil society organizations, and will seek United Nations Development Programme and the rest of the members of the United Nations family in Iraq strive to achieve more social cohesion, inclusive growth, and the creation of a clean environment and sustainable development, and the creation of structures and processes the rule of flexible and transparent. "
    As stated Adam regional director of the United Nations in Iraq, Abdel Mawla, that "the United Nations Development Programme was a partner for development in Iraq over the past thirty years. Purpose of the establishment of this branch office is to serve the four southern provinces, namely: Basra, Muthanna, Dhi Qar, Maysan . This will be followed very soon opening another office to serve the Middle Euphrates region, as UNDP will double its presence in Erbil. "

    https://translate.googleusercontent.c...hV-VnqeukXF4PA
    15/5/140530



  2. #12

    Party Official: Peshmarga Expected to be Unified under New Cabinet

    Party Official: Peshmarga Expected to be Unified under New Cabinet

    By RUDAW



    SULAIMANI, Kurdistan Region – During its tenure, the incoming Kurdistan Regional Government (KRG) is expected to finalize the unification of the autonomous enclave’s own divided Peshmarga forces, according to a senior official of the Patriotic Union of Kurdistan (PUK), which maintains its own army.

    Hakim Qadir Hamajan also said his party was ready to drop its objection to the rival Change Movement’s (Gorran’s) Haval Abubakir as a candidate for governor of Sulaimani.

    The PUK and the larger Kurdistan Democratic Party (KDP) has each maintained its own Peshmarga forces. For years, previous cabinets have tried to make headway in unifying the separate forces of the interior and Peshmarga ministries, controlled respectively by the KDP and PUK.

    In the incoming cabinet, which has yet to be announced, Gorran is in charge of the Peshmarga ministry. The new Peshmarga minister will be from Gorran, whose leaders have promised neutrality in running the force and pledging to nationalize it.


    “The intention to unify (the Peshmarga) exists among the political parties, particularly the KDP and the PUK,” Hamajan claimed. “Therefore, it is expected that the (incoming) Eighth Cabinet will bring about a breakthrough in this regard, because people are waiting to see that happen.”

    In elections for the Kurdish parliament last September, the PUK lost its place to Gorran, winning only 18 seats in the region’s 111-seat parliament. However, in last month’s provincial polls it made a comeback, which according to Hamajan was due to the party’s reassessment of its policies and “learning from the past.”

    He said the PUK was ready to work with Gorran over the local administration in Sulaimani, Kurdistan’s second-largest city and the political battleground of the two parties.

    “The PUK policy after election is to work together with other parties in every aspect,” Hamajan said. “In my opinion, cooperation and coordination with other parties, particularly Gorran is very necessary in Sulaimani.”

    The rivalry between the PUK and Gorran in Sulaimani led to intense election campaigns, with fears that mutual accusations of vote-rigging could lead to violence. Since breaking away in 2009, Gorran has been a serious rival to the PUK in winning popularity and votes.

    In last month’s Iraq-wide parliamentary elections, the PUK won 21 seats to Gorran’s nine. But Gorran won Sulaimani province by just one seat, 12-11.

    Following the latest polls, Gorran upped its criticism of the PUK, attributing its success to involvement by neighboring Iran, which wields immense power, not only in Kurdistan but across Iraq.

    Hamajan rejected those claims as baseless.

    “These statements are excuses and are not even worth a discussion, because the reality is that the PUK succeeded in increasing its number of votes all over the Kurdistan Region, including the disputed territories,” he noted.

    Hamajan argued that his party had done well in areas such as Kirkuk, Diyala, Duhok and Erbil.

    Regarding Gorran’s candidate for governor of Sulaimani, whom the PUK had accused of close ties with the ousted regime of Saddam Hussein in the late 1980s, Hamajan said: “I cannot use a veto against someone in the absence of legal evidence. The case of Abubakir should not become a problem that would damage people.”

    Meanwhile, Hamajan said that his party is working in earnest to conclude talks with the KDP and other parties about participation in the new Kurdish cabinet, which has yet to be announced, eight months after elections.

    Much of the delay has been blamed on the PUK, which has been reeling under a leadership crisis and poll losses.

    https://rudaw.net/english/kurdistan/3....El8sI6tC.dpuf

  3. #13

    500,000,000 DINAR BONDS offering by CBI,,, My Theory as seen thru DINAR GLASSES

    What is the significance of the treasurey notes, being offered short term, 6 months, expiring in November, for 500,000,000,
    (500 Billion Dinar), which was announced on the Arabic side of the CBI website yesterday? Why is this such great
    news? Do we know if these are being offered "out of country" (internationally), or just in country?

    here is the link to the CBI announcement.. https://translate.googleusercontent.c...0fUP0haneMc6eA


    if it is international offering, then of course we know what that means.. world tradeable, and we must see RV immediately....if not sooner assuming it is in country offering, then we must look further...

    remember the UN saying projects must begin by June?

    remember the articles from yesterday, and there were many more versions of the same, and NOW more today on the same regarding the allocation of a certain amount of dinar for projects..it was a large sum.... also released same day as the 6 month notes announcement..

    here is link to one of the articles.. https://translate.googleusercontent.c...HS-bYFdkhT7Wow

    we know bonds are issued all the time to raise capital that is needed for expenses relating to projects, equipment, salaries, etc..

    we know the longer the maturity date, the longer the length of the contract that the proceeds of the sale of the bonds is for... and of course the reverse be true as well..the shorter the bonds maturity, the shorter the need for the capital that results from the offering of the bonds..

    we know that Iraq has wealth.. we also know, RIGHT NOW, they have a liquidity issue! ..we have seen the powerhouse they are, and where they stand in the world rankings.. we have seen JPMorgan promoting investing in Iraq- we have seen many many countries rushing to establish "bilateral relations" to get in on ground floor, in the building of the NEW IRAQ... we have seen SO MUCH ER/MR progress.....

    are they offering short term notes, to raise capital to complete the "8" projects, (we don't know which 8), that the UN said must be started by June1, knowing full well, they will pay them off and have all their wealth , in the short term vs the long term? Remember the CBI statement stated for the benefit of 8 beneficiaries...that means 8 projects?

  4. #14

    Turkey’s Kurdish oil gamble

    Turkey’s Kurdish oil gamble

    Rather than assume regional leadership and help resolve the oil dispute between Baghdad and the Kurdistan Regional Government (KRG), Turkish Prime Minister Recep Tayyip Erdogan has done just the opposite. Ankara’s sale of Kurdish crude without Baghdad’s authorization — with revenues to be deposited in a Turkish bank — may pressure Iraqi Prime Minister Nouri al-Maliki, give Turkey access to cheap Kurdish crude and provide much-needed revenue to the KRG. Yet, it has unleashed a legal and political backlash in Iraq. Erdogan’s goodwill gesture toward the Kurds has also deepened the polarization between Baghdad and Erbil without resolving the KRG’s current revenue crisis. The KRG remains in financial limbo, dependent upon both Ankara and Baghdad, and still in need of a grand bargain that can permit large-scale, risk-free exports through the northern corridor.

    Summary⎙ Print Turkey’s sale of Iraqi Kurdish crude oil could backfire for Ankara and the Kurdistan Regional Government.

    Author Denise Natali

    Posted May 29, 2014

    Although Ankara’s sale of Kurdish crude has not fundamentally reshaped regional energy markets, it reveals the extent to which Erdogan and the KRG are willing to defy and pressure Baghdad. The timing of the sale was no coincidence. It not only followed months of a budget dispute between Erbil and Baghdad, but the Iraqi elections that left Maliki with a plurality of seats although an insufficient number to form a government. Ankara and Erbil may either seek to force an energy deal from Maliki in return for Kurdish support or assure that Maliki does not reassume the premiership. For the KRG, the sale also reflects a highly salient oil nationalism that has become embedded in its political agenda and society, and the ongoing efforts to gain economic autonomy from Baghdad.

    Yet, this tactical move may not necessarily lead to desired outcomes. At minimum it has exacerbated an already tense negotiating climate. As expected, Baghdad immediately filed litigation against Ankara and its state-run pipeline operator, Botas, at the International Chamber of Commerce (ICC) in Paris for violating the 2010 Pipeline Tariff Agreement (functioning and amended since 1973) and the 1946 Friendship Treaty between Iraq and Turkey. The Iraqi federal court also has filed a complaint against the KRG. Legal uncertainty is reinforced by the executive order announced by President Barack Obama on May 27, ending immunities to the Development Fund for Iraq and certain other Iraqi property and interests, which leaves Kurdish oil exports unprotected from attachment claims, at least in theory. Litigation could go on for months, if not years, perpetuating legal risks and uncertainty for future large-scale exports as well as political distrust between Baghdad, Ankara and Erbil.

    It is also uncertain if small-scale, legally contentious oil sales can meet the KRG’s revenue needs or leverage Maliki. According to an analysis by Bank of America Merrill Lynch Global Research, KRG oil sales might only partially compensate for the financial losses from Baghdad. The study said that under the current payment system, the KRG would need monthly sales from 20 tankers holding a million barrels of oil each to gain proceeds of $340 million; this represents only 25% of the KRG's monthly budgetary appropriations from Baghdad. Kurdish leaders have secured loans of over $450 million from local businessmen that they plan to repay with crude oil; however, large-scale financing to substitute for Baghdad’s revenue cuts is still unavailable.

    Even though the KRG plans to increase export volumes and sales to offset Baghdad’s payment gap, technical issues prevent this option in the short and medium term. Because the two pipelines that comprise the Iraqi Turkish Pipeline (ITP) cannot function simultaneously, the KRG’s export line (which has blocked access from the Iraqi side) can continue to transport crude as long as the second line is not functioning. Coordinating pipeline use has thus far not been an issue since the line on the Iraqi Arab side has been attacked and in disrepair over the past few months, leaving the KRG free to use its portion of the line. Usage and coordination issues could become a problem if and when the other line starts to function again.

    Thus, to maximize the potential of both lines simultaneously, Baghdad and Erbil will need to reach a compromise on pipeline sharing. The KRG has ordered additional pumps to enable exports independently of the other line, but these are not expected to be in place for another six to nine months. Even then, the portion of the ITP that the KRG now controls has the capacity to export about 500,000 barrels per day, if fully repaired and functioning. Any additional volumes to be exported from Iraqi Kurdistan to Turkey would require coordination with Baghdad to use the other part of the ITP, and/or constructing another line entirely, and building necessary storage facilities.

    Turkey’s sale of Kurdish crude also has implications for Iraq’s internal stability and negotiating a long-term revenue-sharing agreement. Although the oil and revenue dispute has been framed as a conflict between Kurdish leaders and Maliki, it extends to other Iraqi Arab provinces as well. Some Arab Iraqi officials, including Mosul governor Atheel al-Nujafi, argue that the KRG has the right to export given Baghdad’s failure to pay salaries, as long as the revenues are used for all Iraqis. Other leaders and populations are critical of what they perceive as unilateral action by the KRG, and its privileged position. The southern oil-producing provinces have criticized the KRG’s revenue payments as unfair, while pressing Maliki to either prevent Kurdish exports or offer them similar rights. These demands limit what Maliki can offer the KRG without setting a precedent that will require similar concessions to other provinces. These competing revenue claims also fuel the problem of consensus building.

    Under the current conditions, Turkey and the KRG may continue to export and sell small amounts (100,000 bpd) of Kurdish crude. Yet, this gamble with Baghdad could backfire or at least reinforce red lines that need to be softened to move forward with much-needed compromises on all sides. Certainly the problem is an internal one between Baghdad and Erbil, but Ankara remains an essential actor that can either be a stabilizer or a spoiler in this affair.

    https://www.al-monitor.com/pulse/orig...#ixzz33Cst7TL1

  5. #15

    LOOK WHAT'S GOING ON.. So much news on their NEED ..Tourism?


    Hospital rational military structure

    Health: We have 62 projects to build large hospitals will be direct in the second year of Medicine


    Author: BS, MJ
    Editor: BK, BS
    05/30/2014 15:07
    Number of readings: 156



    Long-Presse / BaghdadThe Ministry of Health of Iraq, said Friday that it has 62 projects to build large hospitals in Baghdad and other provinces, expected to begin the establishment of the city of Medicine during 2014, the second current.The Director-General of the Department of Planning and Resource Development in the Ministry of Health, the orchard Fartusi, in an interview to the (long-Presse), "The ministry has plans to build 62 hospital after I got official approval on it," adding that "some of those hospitals will be opened during the months the next. "He Fartusi, that "some of those hospitals are in the process of construction, such as those mounted in NAHRAWAN and Husseinia and the people and Fudhaliyah and laboratories, freedom, and a number of other provinces," noting that "there are hospitals ability absorbed 492 beds, which is completed and is now in the process of finalizing, and some Work has been withdrawn from the executing companies because of foot-dragging. "The Director General of the Department of Planning and Resource Development in the Ministry of Health, stated that "the committee overseeing the project Medical City Hospital the second, rational military previously had completed the terms of reference to be found in the medical complex large," stressing that the "City of Medicine II will include a specialized hospital for the eyes A bed capacity and another for women's capacity thousand beds also, as well as a children's hospital with a capacity of a thousand-bed hospital for tumors and specialized centers for toxins and other specialized centers. "He Fartusi, that this is "in the process of project approvals by the recent official," expected to "be direct by the year 2014 through the present."The General Secretariat of the Council of Ministers announced, (July 8, 2013 the past), the formation of a committee to see the temple dedicated to building the city of Medicine II (Rashid Hospital military previously) and the readiness of its completion, noting that the committee will raise the recommendations to the Ministry of Health within 14 days from the date of order configuration.The Iraqi Council of Ministers agreed on (December 20 2012), in its regular 52 on an exception piece of land, built by Rashid Hospital, former military structures Hospital rational modern cabinet resolution No. 353 for the year 2011, and allocated to the Ministry of Health for the purpose of building the city of Medicine second or other specialized hospitals, noting that the capacity of the hospital with 1200 beds and has various medical specialties concerned with cancer and nervous system and spinal cord, and blood diseases and other specialties that the country lacks a presence.It is noteworthy that the health situation in Iraq remains dire, whether or governorates of Baghdad, forcing the citizens, in the majority of cases, either to review private hospitals or to travel abroad for treatment.

    https://translate.googleusercontent.c...CtvDnHS0LxAwdQ

  6. #16

    POPE meets with BARZANI.. WHY?

    GMT 12:44 2014 Friday, May 30th: Last Update
    Pope receives President of the Kurdistan region of Iraq

    A.Q.B.

    00 Blogger00
    Francis greeted the pope Friday, Massoud Barzani, president of Iraq's Kurdistan region's autonomous and live in the oldest Christian community, the number of Afraha a result of the influx of refugees inside Iraq and Syria.The violence reached its peak in Iraq - more than four thousand people since the beginning of the year - this has become the province, which was a conflict zone long days of Saddam Hussein, a safe area in the vicinity of extremely difficult.

    This is the first time the Pope receives, Massoud Barzani, who heads the province since 2005.
    Iraqi Kurdistan hosts more than 200 000 Syrian refugees, including a large number of Kurds and Christians as well.

    The number exceeds 30 thousand Christians in the region. And also including Christians have left Baghdad or other cities in the south in search of more security, tolerance and freedom.

    The captain said the Rev. Monsignor, Chaldean bishop of Amadiyah, in response to a question by Vatican Radio, suggest that Iraqi Kurdistan atmosphere of "freedom" in the region, even if it is "not a paradise." This freedom and attract private institutions and allow economic growth.

    https://translate.googleusercontent.c...we1siVsDoeCkGw

  7. #17

    Then barzani meets with Italian Foreign Minister.. Another country wants in...

    Kurdistan Region President meets with Italian Foreign Minister

    [17:51] 14/May/30

    Erbil, 30 May / May (PNA) - in the context of his current visit to the Italian capital Rome, met with President of Kurdistan Region Massoud Barzani, on Friday, with Secretary of State Italian Federica Moگیrini, where the two sides addressed bilateral relations between the province and Italy in general and political and economic relations, in particular .
    The meeting also touched on the current situation in Iraq and the region and the Syrian crisis.Moگیrini said in a statement to the site (Roudao) Kurdish news that the level of relations between Italy and the Kurdistan Region Very good. She pointed to the existence of (400) investment project for the Italian government in the Kurdistan region, so they are trying to strengthen those ties.

  8. #18

    IRAN and IRAQ working together again..MAJOR railway..and more..

    Transport Minister Hadi al-Ameri

    Ameri: cooperation between Baghdad and Tehran in the field of transport at all levels and the Iranian company will build a residential complex for employees


    Author: AHF, RS
    Editor: AHF, RS
    05/30/2014 17:40
    Number of readings: 96



    Long-Presse / BaghdadDeclared the Iraqi Transport Minister Hadi al-Ameri, on Friday, the existence of cooperation between Baghdad and Tehran in the field of transport, while pointing to the opening Iraqi airspace for Iranian companies to transport Iranian pilgrims to holy sites in Iraq and cooperation land, confirmed the existence of an understanding between the two countries on connecting railway between Khorramshahr and Basra, noting that one of the Iranian companies will build a residential complex for staff of the ministry while the other projects, bridges, railways and air transport and civil aviation.The Iraqi Transport Minister Hadi al-Amiri, in an interview with Al-Wefaq Iranian and seen it (the long-Presse), said that "there is cooperation bilaterally significant between Baghdad and Tehran in the field of transport at all levels," noting that "in the field of air transport was the number of flights to transport Visitors to the holy sites is limited, but today the atmosphere has become open for companies of Iran, which transported visitors ", describing relations with Iran as" good ", and expressed his hope to" further cooperation between the two countries. "Ameri added that "there is cooperation between the two countries in the field of road transport is to provide facilities for buses carrying Iranian pilgrims to the holy sites directly without stopping at border points as well as it is for buses of Iraqi heading to the holy shrines in the cities of Qom and Mashhad holy," pointing to " the existence of understanding to link the railway across the Shalamjah between Khorramshahr Iran and Basra in Iraq. "The Minister of Transport, "found in Iraq, Iranian companies are projects to build bridges, railways and some of them carried out projects in the field of air transport and civil aviation, and today we started with a good pace will be one of the Iranian companies to build a housing complex for employees of the Ministry of Transport."And between Ameri "we applied the transit despite the fact that the western region of Iraq is not safe, but in one of the periods opened transit between Iran and Syria over Iraq, and has become a lot today thinking about this, Jordanians also think the opening line of transit with Iran over Iraq, and we hope in the event of the stability of the Western Region The transit line will open, Iraq occupies an important position and can be a conduit for the transit strategically between Iran, Jordan, Syria and Saudi Arabia. "And strengthened relations between Iraq and Iran after the 2003 after a period of tension and war between the two countries lasted eight years, and evolved political and economic relations between the two countries significantly and entered Iranian companies to work in various projects in Iraq, while Iraq allowed the visitors to the Iranians to visit the holy sites as part of the cooperation between the two countries in the religious side.

    https://translate.googleusercontent.c...cVvQZE-4godTYQ


  9. #19

    National Coalition: Maliki is out of the Shiite alliance and the Committee of 9 peop

    National Coalition: Maliki is out of the Shiite alliance and the Committee of 9 people negotiate the political parties



    BAGHDAD / Detection of the National Coalition, which includes blocks of the citizen and the Liberals and the Congress Party and the forces and political figures other Shi'ite, he began negotiations with the rest of the blocks in isolation from state law, and accused the coalition of Nouri al-Maliki singled out for negotiations to revive the National Alliance for he hurried to put its candidate for prime minister and began to promote it among the political blocs without approval of the components of the coalition.

    The National Coalition asserts that he is the admissibility of the largest among the political blocs to Sunni and Kurdish because of his moderation, openness to detect blocks of virtue and the National Reform bloc and Hussein al-Shahristani, to hold joint discussions, pointing to the possession of good candidates to lead the next government.

    A member of the "National Coalition" block "Liberal" Prince Kanani said in an interview to the "long" that the coalition recently completed the formation of a committee negotiating the joint from its members to continue the dialogue with the masses national winner in the elections, and that the committee is composed of (9) members of the most prominent head National Congress Ahmed Chalabi, the head of the political body of the Sadrist movement Karrar al-

    Khafaji, Abdul-Hussein Abtan, and Mohammed Hashem on the mass of the citizen. Kanani said that "the negotiating committee will begin its work during the next two days of dialogue with national blocs of winning the election," pointing out that "the Commission is currently coordinating with the winning blocs to select the dates of those meetings and dialogues."

    He said, "Our conversations will be in the first instance with the leaders of the Kurdistan region and the existing national and united," noting that "there are preparations carried out by the negotiating committee to make an appointment or a meeting with the head of the independent internalized within the coalition of state law, Hussein al-Shahristani, as well as the masses of virtue and reform."

    He explained that "the National Coalition has not taken a decision to now approached the mass of Badr, headed by Hadi al-Amiri to enter into negotiations and talks to form the next government," noting that the delegation of the National Coalition postponed a planned visit to the Kurdistan region due to preoccupation with regional president Massoud Barzani recently by traveling outside of Iraq. "

    He Kanani that "the meetings to be held by the negotiating committee formed by the National Coalition with other political blocs depends on the specific table of visits and tours that will be identified as soon as possible," adding that "the meetings will include all the political blocs, without exception, and the goal of opening a direct dialogue For views on how to form a government before the election results are ratified by the Federal Court. "

    He pointed out that "the State of Law coalition came out for the National Alliance by inviting them direct political blocs other to support their candidate for prime minister, Nuri al-Maliki, and thus was the National Coalition arranging his papers and begin negotiations of his own," stressing that "the negotiating committee formed by the National Coalition Stthor with blocks winning in isolation from a coalition of state law. "

    He pointed out that "the National Coalition agreed to nominate a slate of candidates for the position of head the next government," expressing his reservations about the stated number of names that have been nominated for the presidency of the next government.

    To this end, member of the National Coalition and the MP for the mass of Ibrahim Bahr al-Ulum "long" that the National Coalition will intensify its meetings, which will be twice a week to accelerate the formation of the next government. "

    He explained that "the meetings of the negotiating committee will be periodic and Stadhavha blocks the Liberals and the citizen and the blocks that fall with these two blocs," noting that this committee will be launched in dialogues and negotiations with the winning blocs after deciding appeals filed to the Electoral Commission.

    He noted that "there is a basic blocks, including the Kurdistan Alliance, national and united and we will intensify our negotiations with others to facilitate the process of forming the next government," noting that "the next meeting of the National Coalition will discuss the mechanism to select the candidate of Prime Minister for the next period."

    And about the possibility of foreign pressure on the National Coalition to pressure him to identify candidate Presidency of the Council of Ministers for the next period, Bahr al-Ulum stressed that "there is no external interference on the National Coalition for the personal identification or the next prime minister."

    https://www.almadapaper.net/ar/news/4...4%D9%81-%D8%A7

  10. #20

    IRAQ is showing its true POWER to the WORLD!

    Iraq raises the OPEC production


    18:59
    05/30/2014

    Reuters survey showed on Friday, that the production of OPEC oil rose to its highest level in three months in May, as increased supplies from Angola and a further increase in exports from southern Iraq Ibtalta worsening impact of the unrest in Libya.
    The survey, which is based on data shipping and information from sources in the oil companies and OPEC and consulting firms that supply supply from the Organization of the Petroleum Exporting Countries OPEC averaged 30.02 barrels per day (b - d), up from 29.68 million b - d in April.
    With this increase beyond OPEC's official target level of production amounting to 30 million b - d and for the first time since February.
    The International Energy Agency on 15 May than it should for OPEC to pump more production in the second half of the year to meet the growing demand for oil.


    https://translate.googleusercontent.c...Te8JC3s4hVUg4A

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