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  1. #1

    The Dinar Daily, Saturday December 27, 2014





    The Exchange Rate of Foreign Currency in Economic Feasibility Studies

    Below are the central controls related to the exchange rate of the foreign currency to convert the project inputs and outputs from foreign currency to its equivalent in the local currency, and that is by calculating the net discounted present value standard and the internal return on investments in economic analysis that governs investment projects that costs excess one million dinars.

    Estimate the shadow price of foreign currency:

    1. It is necessary to put central controls to amend the official exchange rate * to reflect the shadow price of the foreign currency, and that is considered one of the necessary requirements to implement the net discounted present value standard and the internal return rate on investment in the economic calculation stated in the instructions, paragraph nine.

    The central controls for adjusting market prices distinguished a group of outputs and inputs traded internationally, where the projects production or usage of them is reflected on the abundance of foreign currency in the economy and thus project outputs or inputs used of such are considered purely foreign currency outputs or inputs.

    * What is meant by exchange rate: the number of units of foreign currency, expressed in dollar per one dinar.In particular the following outputs and inputs of foreign currency were distinguished:


    • Export-outputs.
    • Outputs marketed locally that substitute imports.
    • Imported inputs.
    • Inputs produced locally that usually go to exports.
    • Foreign labor.


    According to the pricing rules the value of the output and input (traded) is calculated using export prices (FOB) and import prices (CIF), according to what is listed in the pricing rules.

    In other words the pricing rules calculate what the project produces from foreign currency (quantity of exports multiplied by the export price (FOB) in foreign currency or the quantity of substitute imports multiplied by the import price (CIF) in foreign currency, as well as what the project uses from foreign currency and imported inputs multiplied by the import price (CIF) in foreign currency …. etc.).

    In a later step, project outputs and inputs must be converted from the foreign currency to its equivalent in local currency (dinars) by using a specific exchange rate for the foreign currency.

    2. Justifications for exchange-rate adjustment: there are a number of important and powerful arguments which support the view that the official exchange rate reduces the real value of foreign currency for purposes of calculating the economic national profitability for investment projects and hence for the purposes of investment planning. It is demonstrated in this context to call for assessing the dinar for less than (3.208) dollar (official exchange rate) when assessing project outputs and inputs of traded goods of exports, substitute imports and imports… etc.

    The justifications to call for the use of an exchange rate that is lower than the official exchange rate are:


    • The use of an exchange rate that is lower than the official rate is the appropriate action at the investment planning level to translate the country’s economic strategy aiming at stimulating central investments in the sectors that encourage the development of non-oil exports, as well as sectors that encourage the expansion of domestic production base in order to reduce imports and compensate it with local commodities. This helps to reduce reliance on foreign exchange earnings from crude oil exports and increases the share of non-oil sectors in the local production.
    • The application of the amended exchange rate on project imported inputs will assist in directing investments away from aggregated sectors dependent on imported inputs and the preference of those sectors that rely on locally produced inputs.
    • The use of the amended exchange rate helps to correct the balance in favor of the traded goods sectors compared to non-traded goods.
    • The real exchange rate has declined rapidly since the early seventies, through rapid rise of the level of prices and local costs which led by the steadiness of the official exchange rate to change in prices and actual local rate costs that gave an advantage for imported goods at the expense of locally produced goods, meaning that it led to deterioration of the competitiveness of alternative replacement goods and export commodities.
    • This action shows that the official exchange rate overestimates the value of the dinar, compared to the foreign currency and from the promoting goods substituting imports and export commodities point of view of.


    And in support to this view is the state’s utilization and in a broad approach to the customs and quantitative protection policies especially for consumer goods, as well as export subsidies that exports have through an amended export exchange rate.

    3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities.



    The Republic of Iraq – Ministry of Planning

    and

    A "flashback recap" of a Live Q and A Call from about a year ago - on THE DAILY DINAR NEWS BLOG...

    In general terms – there were three main focal points of interest I wanted to cover and then allow listeners to ask whatever questions they liked.

    1) the SIGR report…


    2) the Gold Article…


    3) the IIER report…


    I started the conversation out last night by highlighting how crazy this campaign being fielded to contact our lawmakers and bank CEO’s and tell them how unfair it is they are getting to exchange (exchange is the right terminology BTW – NOT “CASH-IN”) at 32.00 per Dinar and we are not – is. It is nuts.


    Firstly, “they” are NOT being allowed to exchange “early” – or at 32.00 per Dinar. It makes you sound “stark raving MAD” to be caught saying such things. You would be better off barking at the moon. It is demeaning to the validity of a true currency play.


    Secondly, this is entirely the wrong way to approach them. I pointed out on the call that Poppy and I fielded a very successful such campaign a couple of years ago. However, we sat down and came up with a much different approach. It was designed to get answers and to approach our lawmakers with respect and as their constituents. Not like a bunch of lunatics. We had extraordinary participation (because it made sense) and we received a good response from lawmakers. It started the conversation in a reasonable manner.


    I asked one caller – “when was the last time you asked a banker for money and told him how unfair it was if he didn’t give it to you”??? Obviously – we chuckled…


    Another caller asked me if (as DC had relayed) – the “zero’s were raised” and the lower denominations were in circulation??


    I said plainly “no”…lower denominations being in circulation would (at the very least) imply there had been a value change. If there were no value change the lower denoms would not only be of little value, they would be such a hinderance – people might even throw them away just to get rid of them. So no – no lower denoms. I told the caller to check the
    CBI.iq website for “real” info on rate change.

    The “zero’s being raised” or “deleted” – as explained by any reasonable researcher, economist or authority – is simply the process removing the large (3 zero notes) from circulation.


    Referring to an Enorrste post from today on
    THE DINAR OBSERVER DAILY(you may want to put this on your favorites and check in several times a day – we to it often )

    “…I have never found a single article from the CBI or the IMF that equates “delete the zeros” to the idea of “move the decimal point.” Instead, the statements overwhelmingly come out to mean “remove the large notes from circulation.”


    Also – this recent internal memo put out by Wells Fargo is likely “push back” from this recent campaign. I pointed out that Pinnacle Bank published an article by an “affiliate” in their internal publication and then “highlighted it” in a similar internal memo a couple of years ago. It is just a defense mechanism. I’m sure Wells is tired of having their name dragged through the “internet rumor mill”. This is highly likely the reason for their vigorous denials about handling it in the future. They get so many useless calls – it isn’t worth the headache. Can you blame them??


    Further, for any bank, lawmaker, adviser or official to state the “Dinar is a scam” is nearly as foolish as some of the internet “Gurus”. It is the official currency of a COUNTRY. I pointed out (below) the post from yesterday’s
    DINAR OBSERVER DAILY
    – highlights page 94 of the quarterly SIGR report to THE US CONGRESS in April of 2012…
    __________________________________________________ _____________

    THIS REPORT WAS SENT TO CONGRESS LAST MAY. IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013.

    We are seeing and hearing that the inflation rate is still climbing and they are pushing to get us our money?? This report is from page 84 of the massive SIGR report.





    BGG ~
    This is a screen shot from the “Special Inspector General for Iraq Reconstruction” – Apr 2012, quarterly report to Congress. For members of our Government to say they have no idea what is going on here – means they haven’t read some very basic documents presented them.
    __________________________________________________ ______________

    I pointed out (last night) this is a highly speculative investment. We are, in no way, guaranteed anything. However, this SIGR report gives us some valuable insights…

    1) This is information given to the US CONGRESS on a quarterly basis… I find it hard to believe such an information source would intentionally mislead Congress. They tend to frown on such behavior. Which goes directly to the validity of this adventure – against all advice from Wells Fargo or other such naysayers.

    2) It points out there having been a legitimate “plan” – or time frame in motion…having been projected to be done in 2013. We are obviously in “over time” now.

    3) It gives us an idea as to who is in charge…the CoM – or Council of Ministers. Who do they answer to?? Maliki. Period. When is he likely to push this forward?? Historically – he has been a “weak Dinar” policy advocate. However, rumor from his own inner circle admits he can’t win a third term in office without some currency reform.

    I fully expect him to use every tool in his “wheel house” to win – his recent moves in Anbar and the disputed territories prove as much. Currency reform has to be a “biggie”. Though this WAS their thinking a couple of months ago – there is no promise it is still part of their political calculus. We shall see.

    4) Though no guarantee of the actual future plan they wind up engaging – this report points out an increase in value that would have taken the Dinar from “one-tenth of a cent” to a value “of slightly less than $1″..

    __________________________________________________ ______________

    AND

    Coins put on the market !!



    Nora Albjara member of the committee of economy and investment in the House of Representatives revealed that the central bank completed its preparations for the issuance of metal coins of seven small groups, in conjunction with the implementation of the project to delete the three zeroes from the paper currency is currently in circulation.

    She said in her statement Albjara "The project will take between four and five years, and which will be the launch of the categories of small coins gradually."

    He predicted the financial expert Hilal Taan inflation rate declines, with the issuance of metal coins of small denominations in the daily financial transactions, remarkable that 3% of the value of inflation in Iraq due to the presence of large cash block.

    The economic expert on behalf of Jamil Anton, noted that he may not find metal coins accepted by a lot of Iraqis, especially young people, due to the existence of an entire generation of Iraqis had not trading coins due to stop use since the early nineties of the twentieth century

    waradana.com

    And

    CBI is preparing to issue a monetary metal parts



    Metal coins from the category of 25 fils were in circulation until the nineties of the last century

    Nora Albjara member of the committee of economy and investment in the House of Representatives revealed that the central bank completed its preparations for the issuance of metal coins of seven small groups, in conjunction with the implementation of the project to delete the three zeroes from the paper currency is currently in circulation.

    She said in her statement Albjara Radio Free Iraq, "said the project will take between four and five years, and which will be the launch of the categories of small coins gradually."

    He predicted the financial expert Hilal Taan inflation rate declines, with the issuance of metal coins of small denominations in the daily financial transactions, remarkable that 3% of the value of inflation in Iraq due to the presence of large cash block.

    The economic expert on behalf of Jamil Anton, noted that he may not find coins accepted by a lot of Iraqis, especially young people, due to the existence of an entire generation of Iraqis had not trading coins due to stop use since the early nineties of the twentieth century.

    http://www.iraqhurr.org/content/article/26666313.html

    and

    Another "FLASHBACK"...

    Economists Divided Over Deletion Of Zeros

    By Amina al-Dahabi for Al-Monitor.

    The Central Bank of Iraq (CBI) has been attempting to delete three zeros from the Iraqi currency since 2003. This project has raised many concerns among the Iraqi public and within the business community, and Iraqi economists are divided…

    …Haider al-Abadi, the head of the Iraqi parliamentary Finance Committee, told Al-Monitor that while deleting zeros from the current currency is possible, this has been postponed until after parliamentary elections. He noted that studies are being carried out to ensure that, following the currency change, counterfeiting is limited and that Iraqis don’t go back to trading in the old currency.

    The step to delete zeros from the currency has been postponed several times, leading the parliamentary Economic Committee to demand that the CBI accelerate this project, as Al-Sharqiya reported. In a news conference held July 6, the Economic Committee confirmed that the deletion of zeros will lead to an increase in the value of the Iraqi dinar and will have positive repercussions, including a reduction in unemployment and poverty rates in the country.

    ARTICLE LINK



  2. #2

    Re: The Dinar Daily, Saturday December 27, 2014

    Book Iraq Stock Exchange to the Games Karkh tourist company regarding disclosure of the essential events for the day Wednesday, 12/24/2014


    December 24, 2014 10:30

    Source: Iraq Stock Exchange











    Shares in the production of ready-made clothes company for two consecutive full rate of change of the very (10%) in 23/12 and 24/12/2014.
    Under our No. 2265 on 24.12.2014 sent to the company to inquire about the core events that led to the high price of the company's shares will be suspended from trading on shares of the company as of the session Thursday, 12/25/2014 and until provide the answer.

    For further details please refer to the attached file


    http://translate.googleusercontent.c..._C3rme4B6Yo-yw



    Last edited by sczin11; 12-27-2014 at 10:47 AM.

  3. #3

    Re: The Dinar Daily, Saturday December 27, 2014

    Documents .. ((eighth day)) publishes 2015 budget



    • Agency eighth day
    • December 27, 2014, 9:34
    • No comments
    • 49 Reading




    BAGHDAD - ((eighth day))

    I got ((eighth day)) on the two documents contain a summary budget and calculating the share of the Kurdistan region of the total budget for 2015 (in millions of dinars).
    The first document showed that the total budget is (125203110.783) million dinars, where the share of the House of Representatives (295834.875) million dinars, High Commissioner for Human Rights (17 959) million, and the Integrity Commission (60505.664) million, and the Presidency (85812.009) million, The Secretariat of the Council of Ministers (99724.668) million dinars, and the Council of Ministers (1460617.643) million dinars, and the Office of the Deputy Prime Minister for Energy (2352.573) million dinars, and the Office of the Deputy Prime Minister for Economic Affairs
    (8035.684) million dinars, and the Office of the Deputy Prime Minister for Services Affairs (8298.481) million dinars, and the National Security Council (293464.764) million dinars, and the body of the Iraqi radioactive sources (2245.355) million dinars, and the National Intelligence Service with the Office of the Inspector General (272,534.25) million, and external (434,913.5) million, citizenship and border projects and border crossing points and the draft standard card 129 100 million dinars (791,809.47) million, and Defense (15,296,692.901) million, and the benefits of World Bank loans (18 565) million, and the benefits of IMF loans (7229.2) million dinars, and the benefits of the other foreign loans (96 280) million, and the benefits of bonds to extinguish the external debt of the private sector (188 892) million, and interest on treasury transfers bonds (358 223) million, and the benefits of all premiums bilateral agreements with the countries of the Paris Club countries outside the Paris Club (583 000) million, and negotiations and legal claims of external debt (33878.13) million, and financial experts (2827) million, contributing to the cost of crude oil output source / except the province of Kurdistan (1.375 million) million, and the wages of transporting oil through Turkey (150000) million, Arab and international contributions except for the Council of Ministers and the House of Representatives and the Secretary of Defense (411 146) million, and compensation for the Kuwait war (0) million.
    The second document she stated that the cash settlement of debts abroad (116600) million, and premiums bilateral agreements with Paris and the club outside the Paris Club (932 800) million, and the expenses of co-financing (25,000) million, and the payment of the issuance of the old treasury transfers (200000) million dinars, cash settlement for small debt to the private sector abroad (17490) million, and accruals Arab Monetary Fund for the restructuring of its debts in Iraq agreement (46 640) million, and premiums IMF loans (839 520) million, and premiums World Bank loans (27 984 ) million, and projects of housing (100,000) million, and projects ports (5,000) million, and projects Meteorological 1000 million dinars, and dam projects and public benefit (5,000) million, and total expenses sovereign (24,672,875.167) million, and raises the total Sovereign (0) million, and the remaining (100,530,235.616) million, and raises the total expenditures ruling (7,049,509.000) million, and the remaining (93,480,426.616) million, put Thsasat regional development and reconstruction of the provinces, including the province of Kurdistan (3,500,000.000) million, and the remaining (89,980,426.616 ) million, put projects producing provinces of crude oil and refined oil and gas dome except for the Kurdistan Regional allocations (1752237.651) million dinars, and the remaining (88228188.965) million dinars, * 17% (0) million, and the share of the province of Kurdistan (14,998,792.124) million, plus her share of the region for the development of the region (441 350) million, and the total share (15,440,142.124) million.

    T / A - N

    http://translate.googleusercontent.c...EB5lzdZH1uPyeQ

    Last edited by sczin11; 12-27-2014 at 10:47 AM.

  4. #4

    Re: The Dinar Daily, Saturday December 27, 2014

    Jumaili calls for support and assign Abadi and considers it a necessity for every politician wants reform

    Date: 27/12/2014 09:47
    Information / Baghdad / ...

    Chancellor called House Speaker Unit Jumaili, Saturday, to support and assign Prime Minister Haider al-Abadi, considering it a necessity to every politician wants reform.

    She Jumaili in a statement received by the agency / information / copy of it, "The last few months of the life of the government proved that there is every reason to change and reform taken by Abadi and his government through realistic practices by following up on the implementation of a close political agreement and to follow up the implementation of the government program in addition to the begin steps toward reform and hold negligent and corrupt people in all aspects of the state. "

    "There is a major development in the Prime Minister of the Iraqi state approach by continuing to both Arab and regional countries, visits an attempt to return Iraq to the Arab and regional environment, contrary to what happened in the last period of estrangement on the Arab and international levels."

    Jumaili showed that

    "Iraq has become today in a new phase of Arab and international political, security and economic relations

    and go back to Iraq depth of Arab and regional levels again."


    Abadi and had many hits shuttle included many countries in the region including Kuwait, UAE, Jordan, Iran and Turkey, to discuss bilateral relations and call upon States to stand with Iraq in its war against Alarhab


    http://translate.googleusercontent.c...1DY1lxK-NNL3KA
    Last edited by sczin11; 12-27-2014 at 10:48 AM.

  5. #5

    Re: The Dinar Daily, Saturday December 27, 2014

    Kurdistan Alliance: the budget will be approved without problems and everyone agreed



    BAGHDAD - ((eighth day))


    Kurdistan Alliance, said that the federal budget for 2015 will be approved in parliament without problems.

    The chairwoman of the coalition in parliament, Alaa Talabani said all the political blocs agreed on the budget and there are no problems, adding that the recent agreement between the province and the center has a positive impact on the adoption of the federal budget.

    The parliament has read the budget first reading last Thursday and adjourn the meeting until the seventh of next month to read the second reading.

    http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D3365780&usg=ALkJrhhwNSyQa-k_3WgSJWujea4ITlTfjA


  6. #6

    Re: The Dinar Daily, Saturday December 27, 2014

    sczin11- It is recess time for the Iraqi politicians, right? I guess the big bosses have an urgent need to get their border brothers on track, with new and old agreements confirmed, MOU's signed, and old life back in play!



    Iraq and Kuwait meet tomorrow in Baghdad to discuss shared files [Expanded]



    Saturday, 27 December / 1 December 2014 11:28

    [Follow-where]


    Iraqi - Kuwaiti Higher Joint Committee held its fourth meeting tomorrow in Baghdad to discuss aspects of bilateral relations between the two countries at all levels and the development prospects of joint cooperation in various fields.

    The convening of the bilateral meeting after a visit by Prime Minister Haider al-Abadi at the head of a ministerial delegation to Kuwait last Sunday one-day and two delegations held two meetings extensive research, energy, investment, industry, transport, external relations and the situation regional security issues, and security threats to the guerrilla terrorist Daash files again.

    It is scheduled to preside over the Iraqi side in the meeting of the Joint Committee on Foreign Minister Ibrahim al-Jaafari, while the Kuwaiti delegation will be chaired by First Deputy Prime Minister and Foreign Minister Sabah Khaled Al-Hamad Al-Sabah.

    The meeting was preceded by the approval of Kuwait to the request of Iraq, who is facing a financial crisis for the drop in oil prices Alaalmih- postpone the last payment of compensation owed ​​to Kuwait in accordance with UN Security Council resolutions and the $ 4.6 billion for a period of one year also agreed to request the United Nations have been paying Iraq ratio of five in percent of its oil revenues as compensation for material losses caused by the Iraqi regime's invasion of Kuwait in 1990.

    The establishment of the joint ministerial committee between Iraq and Kuwait in the January 12, 2011 implementation of what has been agreed upon between the governments of the two countries in order to enhance communication and exchange of visits and the embodiment of links and fraternal relations and common interests.

    The first meetings of the Iraqi Committee held a joint -alkwytah in 2011 in Kuwait, where he confirmed his commitment to the Iraqi side, which all international resolutions issued by the Security Council, particularly the decision to 833 demarcation of the border between the two countries.

    In 2012 the second meeting of the Joint Higher Committee held in Baghdad to complement the meetings for the first session and the resolution of outstanding issues between the two files and culminated in the meeting to sign the two agreements The first relates to the formation of a joint committee for bilateral cooperation, while the second addressed to regulate navigation in the Khor Abdullah as collateral for the interests of Iraq navigation and trade was also discussed diary Understanding relating to double taxation and investment promotion and protection of trade and economic and technical cooperation.

    As a complement to the positive steps between the two countries held the third session of the Higher Ministerial Committee common in Kuwait last year and culminated in the signing of two agreements Mnitin promotion and protection of investments between the two countries and tourism cooperation.

    The Iraqi-Kuwaiti relations have witnessed in recent years, a positive development of concrete at various levels, where the Emir of Kuwait Sabah Al-Ahmad Al-Jaber Al-Sabah in 2012 historic visit to Iraq, during which the delegation was headed by the State of Kuwait to the 23 Arab summit in Baghdad and was to visit a profound impact in the consolidation of relations between the two countries .

    He visited Iraqi Foreign Minister Hoshyar Zebari, the former Kuwait in 2013, where two memoranda of understanding signed with the Deputy Prime Minister and Foreign Minister Sabah Al-Khalid The first relates to the arrangements for the maintenance of the physical representation of the border and the second operation on the financing of the construction of a residential complex in Umm Qasr.

    And ratified the Iraqi parliament in the same year on the establishment of a joint committee for cooperation between the governments of the two countries to promote friendship and bilateral cooperation relations and resolve outstanding issues between the two commitment to international conventions and resolutions to reach a comprehensive settlement promote a solid ground for the fraternal relations agreement.

    Kuwait and played in the political side an important role in Iraq out of the provisions of Chapter VII of the Charter of the United Nations that Iraq has made ​​significant gains in the restoration of full sovereignty and its role in the region.

    On the economic front visited the Chairman of the National Commission for Investment in Iraq, Sami al-Araji, 2012 Chamber of Commerce and Industry of Kuwait in order to review key economic sectors available in Iraq, where officials in the room confirmed that the business Kuwaitis and investors will be the first entrepreneurs to invest in Iraq when the circumstances.

    The important step, which completed a bridge of communication between the two countries when an Iraqi Airways plane landed in the February 27, 2013 on the runway of the airport in Kuwait Amiri airport was received what was considered a significant indicator of the return of normal relations in this area welcomed.

    It is noteworthy that the diplomatic relations between the two countries resumed in 2006 with the re-opening of the Iraqi Embassy in Kuwait and then the opening of the Kuwaiti Embassy in Baghdad in 2008.anthy

    http://translate.googleusercontent.c...iVrq2_egz07hIg

    Last edited by sczin11; 12-27-2014 at 09:15 AM.

  7. #7

    Re: The Dinar Daily, Saturday December 27, 2014


    The launch of the new Law on Social Protection by 2015


    Baghdad-Iraq-Presse -27 in December announced the social protection department of the Ministry of Labour and Social Affairs, on Saturday, on the application of the new Law on Social Protection with the entry of 2015.
    Said assistant general manager of social protection circuit Jamal Bilal, in a statement, said that "the next phase which will see the work according to the new Law on Social Protection requires action in accordance with the visions of systematic, targeted to meet the requirements of the implementation of the law, which aims to actual targeting of persons entitled to a subsidy of social protection, and this in turn requires owners specialist of social workers. "
    "The Ministry of Labour and Social Affairs during a meeting 34th Session of the Council of Arab Social Affairs Ministers presented a study on the possibility of training of trainers social workers to enable them to implement effective protection and able to detect citizen poverty and diagnosed under prepared by the Ministry of Planning and under the supervision of the World Bank experts will be adopted form for this purpose. "
    He said, "The social protection department is looking through the year 2015 to the adoption of a mechanism to target groups due to the subsidy of social protection, to be effective and objective linked to poverty map and standards of scientific targeting a function of the level of poverty through the Angels were Thaotha for this purpose and to follow up the conditions of families and individuals benefiting from a subsidy of social protection ".
    And passed the House of Representatives, in the previous session of the new Law on Social Protection.
    And gives the Law on Social Protection constituent family of one individual (150) thousand dinars, and the family consisting of two (210) thousand dinars, and the family consisting of three members (315) thousand dinars, while the grant of four family members (420) thousand dinars .anthy (1)





    http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D3366098&usg=ALkJrhhz8FRS4ENX6gjyJ93bs3Whtjvj0w

  8. #8

    Re: The Dinar Daily, Saturday December 27, 2014

    John McCain will visit Erbil today

    By Roudao 19 minutes ago



    McCain

    Roudao - Erbil
    Chairman of the Republican majority in the US Congress, Senator John McCain, Erbil International Airport up on Saturday, to meet with President of the Kurdistan region, Massoud Barzani.

    McCain arrived in Iraq on Friday, and met with House Speaker Salim al-Jubouri, and a number of heads of the Sunni rites in the provinces of Diyala, Anbar and Nineveh, Salahuddin and Kirkuk.

    According to the information available to the Roudao Media Network, the McCain will meet during his visit to Arbil today, the President of the Kurdistan Regional Government's private office, with regional president Massoud Barzani, head of the provincial government and Barzani.


    http://translate.googleusercontent.c...XlsHi90k9IphPw



  9. #9

    Re: The Dinar Daily, Saturday December 27, 2014




    Parliamentary Finance: July next application will increase the salaries of social protection network






    Click for full view



    | 27-12-2014 11:05 AM













    27-12-2014 11:05 AM

    Finance Committee in the House of Representatives announced that the month of July will see the implementation of the planned increase in the law of social protection network salaries.
    A member of the committee MP Haitham al-Jubouri The application of increased social protection network established in the Social Protection Law No. 11 of 2014 salaries will be applied as of the first of July of the next year
    Jubouri said that the central government was keen on the social protection network is not affected by what is going through the budget deficit, saying that the salary increase to the beneficiary will contribute more or less to live in dignity and provides a good level Maashiya him.


    http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D3365977&usg=ALkJrhi7vtF7s9tMKIduzQ5F7uizpDg7JQ






  10. #10

    Re: The Dinar Daily, Saturday December 27, 2014

    International Parliament sends the request of the United Nations to include Tariq al-Hashimi on the list of those involved as "genocide."
    Date: 27/12/2014 12:06International Parliament for security and peace, announced Saturday, from sending a request to the United Nations for the inclusion sentenced to death in absentia name Tareq al-Hashemi and other figures in the list of those involved as "genocide."
    The representative of the International Parliament in Iraq and the Middle East Haidar al-Shara in a statement to the official Center Brief and seen by / information /, "The involvement of Tareq al-Hashemi, a lot of Iraqi figures terrorist operations in Iraq and support for terrorism, requires the authorization of the International Criminal Court in these matters until the intervention of the supporting characters terrorism in the list of personalities involved a war of genocide. "
    Shara said that "such cases should be referred to the International Interpol should arrest figures so even take a fair judgment against it."


    http://translate.googleusercontent.c...mTxrAUTqhzwpTQ

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