" The Dinar Daily ", Friday, 13 March 2015
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  1. #1

    " The Dinar Daily ", Friday, 13 March 2015

    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


    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
    – highlights page 94 of the quarterly SIGR report to THE US CONGRESS in April of 2012…
    __________________________________________________ _____________


    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″..

    __________________________________________________ ______________


    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



    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.



    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.


    Crush Expected When Kuwaiti Banks Reopen Today

    March 24, 1991|From Reuters

    KUWAIT CITY, Kuwait — Thousands of Kuwaitis are expected to jam the country's banks today when they open for the first time since the end of the Iraqi occupation.

    Customers will be allowed to withdraw funds and to swap pre-invasion money for a new currency issued to make more than $1 billion in pre-invasion dinars stolen by the Iraqis worthless.

    "We expect a rush of people," said Issam Asousi, an executive with the Bank of Kuwait. He said it could be a chaotic first week because customers have a lot of questions about their accounts.

    Kuwaiti banks continued operating during the seven-month Iraqi occupation under managers brought in from Iraq, but they have been closed since the U.S.-led alliance ousted the Iraqi army from Kuwait a month ago.

    When the banks reopen today, customers will be able to withdraw up to 4,000 Kuwaiti dinars, equivalent to about $14,000 at pre-invasion exchange rates from their accounts, and to exchange a like amount for foreign currency.

    Balances of customers' accounts will go back to what they were on Aug. 1, a day before the invasion.

    Clients will not be able to exchange Iraqi currency issued during the occupation, when Baghdad pegged the rates of the strong Kuwaiti dinar to the far less valuable Iraqi dinar.

    The new Kuwaiti money will be exchanged for old at a one-to-one rate.


    BGG ~ Thanks to wmawhite for some facts on the subject.

    Hi BGG,

    Just thought I would drop you an email. I listened to the call, and was interested in what was said about Kuwait, if I may - I will add my 2 cents worth.

    You were spot on with what you said, I have a close friend who's father made a killing on the KWD. He bought from people who had fled the country and he paid pennies on the dollar (we are in Australia). He took the chance that Iraq would be kicked back out and he was right.

    When the money was reinstated, he exchanged it for AUD at a rate in the mid 3s. The interesting thing about it is, Iraq invaded in November 1990 (I think), they were kicked back out at the end of Feb 1991, the banks reopened with a brand new KWD in late March, that's not a bad time frame to get a currency designed, printed and made ready to use, also the time that the old KWD was valid was initially only for 2 months, then extended to 6, so it was valid until Sept 1991, interesting I think.

    Also the other thing that seems to be a "fact" in Dinar land is Bill Clinton used the Kuwait RV to pay off the debt. However, Clinton was not President in 91, he did not take office until 93, even I know that and I am an Aussie.

    Anyway thanks for the site and enjoy listening to your calls.

    Kind Regards,

  2. #2

    Re: " The Dinar Daily ", Friday, 13 March 2015


    Holidays in (2015) in addition to Friday and Saturday

    Jan. 1 New Year's Day

    *4 Prophet's Birthday

    6 Army Day/1921
    Mar. 21 Spring Day
    May 1 Labour Day
    July 14 14th Revolution /1958

    *19 Id Al-Fitr (3Days)
    Sep. *25 Id Al-Adha (4Days)
    Oct. *15 Islamic New Year
    *24 Ashoura Day

    Dates noted with asterisk (*) are approximate



    US dollar USD 1166.000 1164.000

    US dollar USD 1166.000 1164.000
    Euro EUR 1233.395 1232.778
    British pound GBP 1755.180 1754.302
    Canadian dollar CAD 913.507 913.050
    Swiss franc CHF 1159.046 1158.466
    Swedish krona SEK 135.975 135.907
    Norwegian krone NOK 142.473 142.402
    Danish krone DKK 165.355 165.272
    Japanese yen JPY 9.619 9.614
    Drawing Rights
    SDR 1603.460 1602.658

    Indicative rates - 13.03.2015 ???

    Last edited by chattels; 03-14-2015 at 06:50 AM.

  3. #3

    Re: " The Dinar Daily ", Friday, 13 March 2015

    Should the Kurds be worried about Iran’s involvement in Iraq?

    From the very early days of the fight against the Islamic State (ISIS), Iran has been on the frontlines in Iraq. Tehran has been supplying arms to the Iraqi forces. Iranian military advisors are with the Iraqis, drawing war plans and leading the fight on the ground. Most importantly, Iran was behind the creation of the Shiite militia modeled after their own Basij forces, and Iranian officials have more than once taken credit for this initiative.

    One of Iran’s most senior generals, Hamid Taqavi was killed in Samarra in December. General Qasem Soleimani was seen walking ahead of Iraqi troops at the gates of Tikrit this week. And in December, the Mujahedin-e-Khalq group claimed that 7,000 Iranian troops were fighting in Iraq.

    There are different interpretations for this large-scale Iranian involvement. Some might say it is to push ISIS away from its borders. Others have said Iran wants to help its Shiite brethren. Yet others call it a competition between the US and Iran for influence in Iraq.

    All of that could be true. But there is another major reason for Iran’s investment in this war and that is to preserve Iraq’s territorial integrity and prevent it from falling apart. Iranian officials themselves testify to this idea. Iran’s presidential advisor and former intelligence minister said last week that Iraq is part of Iran and it cannot be divided. Senior Iranian commander Hossein Hamadani said last summer that it was Iran that was preventing Iraq and Syria from falling apart.

    Even former Iraqi military intelligence chief Wafiq al-Samarrai said this week that Iran was now very popular in Iraq because it is fighting for Iraq’s territorial integrity. “If Iran continues to preserve the disintegration of Iraq into regions, I swear to God even the Baathists and nationalists will support them,” Samarri told the al-Arabiya TV. “What is important is the unity of Iraq.”

    The idea of the partition of Iraq has been on the table for a number of years, so the question is: why is Iran so worried about it this time? The answer is ISIS. The longer ISIS stays in Iraq the closer that country would be to partition. In fact as soon as ISIS took over Iraq’s Sunni heartland last year, the topic of dividing Iraq into three states was raised again and more seriously than ever.

    The Kurds said that Iraq was practically divided into three states. They argued that it was impossible to stay part of Iraq when overnight they were separated from it by the arrival of a terrorist group. The Kurdish president spoke of a referendum for independence and it seemed that everyone agreed with his plans. It wasn’t possible to remain part of an Iraq that you could only fly over by airplane through ISIS territory.

    So the ISIS presence in central Iraq made partition inevitable and closer to reality and this is when Iran started to feel the heat. The Kurdish war with ISIS definitely halted the referendum project but didn’t kill it. Kurdish leaders and ordinary Kurds have said that when their war with ISIS is over they will resume the bid for independence.

    But now, Iran seems to be working to unravel that plan. The Kurds only want to drive ISIS out of Kurdish territory, but Iran wants to drive it out of Iraq so that the Kurds don’t have that excuse anymore. If ISIS is gone the Kurds won’t be able to say they are separated from Iraq. Most importantly, Baghdad has given the Shiite militia official recognition so that when they show up on the southern borders of the Kurdistan Region, the Kurds can’t say they are not ready to talk to illegal militias.

    One of Iran’s targets is the Kurds as much as it is ISIS. Tehran is getting Baghdad back on its feet and in a strong bargaining position. With ISIS gone, Baghdad would no longer put up with any talk of Kurdish independence: since the tide turned against ISIS in Diyala and Salahaddin, Iraqi leaders have reneged on their agreements with Erbil.

    In this scenario where Iran is clearly going to be the master of Iraq for many more years, the Kurds’ strongest bargaining chip is their unity. The Peshmerga still have the world’s respect and the war with ISIS reinvigorated them. But the Kurdish leadership must transform this force into a national army with a central command. To deal with the post-ISIS Baghdad, the Kurds must mark their new borders, keep Kirkuk and all areas they won in the recent conflict and never put an inch of Kurdish territory in any negotiation plan with Baghdad.

    The views expressed in this article are those of the author and do not necessarily reflect the position of Rudaw.

    Last edited by pinkadonai1; 03-13-2015 at 01:14 PM.

  4. #4

    Re: " The Dinar Daily ", Friday, 13 March 2015

    Iran's Revolutionary Guards Commander: Daash Will Disappear From Iraq After The Liberation Of Tikrit
    12/03/2015 9:10

    BAGHDAD / NINA / Commanding general of the Iranian Revolutionary Guards, Major General Mohammad Ali Jaafari said that the terrorist organization Daash will disappear from Iraq after the liberation of the city of Tikrit, because it could not resistance anywhere in this country.

    Jaafari said in a speech during the Assembly of Experts meeting, according to Fars news agency: given the strategic importance of the city of Tikrit, and its location at the end of the Hamrin Mountains, so the message that went after the liberation of this city is that the organization Daash terrorist will be able to withstand in any other city in Iraq.

    He continued: that Iran supports the Iraqi and Syrian peoples also supports the Lebanese and Palestinian peoples.

    The army, police, the popular defense forces and tribesmen, backed by the Air Force and Army Aviation have launched a wide-scale attack on the city of Tikrit after cordoned off from all sides and managed to free the city and killed a large number of elements of the terrorist organization Daash .



    White House: Pressure On Daash in Tikrit Led to the Escape Of Its Members
    12/03/2015 9:33

    BAGHDAD / NINA / White House spokesman Josh Ernst said the pressure that has been shedding on terrorist organization Daash in Tikrit led to the escape of some of the elements from their positions. "

    Ernst said in a press summary from Washington: there are reports talk that the princes of Daash executed the fighters to prevent them from escaping. "

    He continued that the Iraqi leadership has paid close attention to ensure that the liberalization of Tikrit is a multi-denominational effort, "adding, we see that the Iraqi security forces are common, as well as we see the participation of some Sunni troops stationed in the province.

    He added, "Prime Minister Haider al-Abadi was clear that this military operation will not be used as an excuse for sectarian revenge."

    White House spokesman quoted al-Abadi as saying: "This operation should prevent the exploitation of civilians at any price and it needs to abide by international laws and avoid feeding sectarian fears and avoid encouraging sectarian divide, which in fact weakened Iraq during the past years.



    Al-Abadi directs the Operations leaders and popular crowd in Salah al-Din to obligate in protecting the lives and property of citizens

    11/03/2015 21:19

    BAGHDAD / Nina / Prime Minister and Commander in Chief of the Armed Forces Haider Abadi directed on Wednesday the leaders of Operations in Salah al-Din to abide by the protection of the lives and property of citizens.

    The source told the National Iraqi News Agency / NINA / today that Abadi also directed the leaders of the popular crowd to obligate in protecting the lives and property of the people ".

    Last edited by chattels; 03-13-2015 at 08:26 AM.

  5. #5

    Re: " The Dinar Daily ", Friday, 13 March 2015

    Presidency of the parliament recommends to verify Spyker Report.

    BAGHDAD / Nina /-- Presidency of the Council of Deputies received the report of the Special Committee related to Spyker camp offense and recommended to verify the report and profoundly investigate the details of the crime.

    The head of the House of Representatives Saleem al-Jubouri said that Spyker report is superficial and not commensurate with the gravity of the consequences of the event .

    Last edited by pinkadonai1; 03-13-2015 at 01:16 PM.

  6. #6

    Re: " The Dinar Daily ", Friday, 13 March 2015

    US Census Bureau: ‘Kurds are not Arabs’

    NEW YORK - The United States Census Bureau has sought to allay concerns among Kurdish-Americans that they will be listed as ‘Arabs’ – rather than a distinct ethnic group – in the next nationwide population tally in 2020.

    “We have no plans to classify Kurds as Arab,” the bureau’s spokesman Michael Cook told Rudaw.

    The Kurdish American Society wrote to the US Census Bureau last month to express fears about plans to create a new category for Middle Eastern and North African (MENA) groups in the next census; and to ensure that Kurdish-Americans are not classed as Arabs on official forms.

    According to Cook, the concerns are unfounded.

    “The Census Bureau plans to consult with community experts and stakeholders in the spring of 2015 to obtain their feedback on our plans for classifying ethnicities and nationalities as Middle Eastern and North African,” he said.

    “The Census Bureau’s proposed MENA classification is geographically based, and currently includes both Arabic speaking -- such as Egyptian and Jordanian, and non-Arabic speaking, such as Iranian and Kurdish -- nationalities and ethnic groups.”

    Yuksel Serindag, a member of the Kurdish American Society, which organizes traditional Kurdish events in the New York City area and advocates for Kurdish issues in the US, said he was satisfied with the government’s response.

    “We are happy to hear that the US Census Bureau has listened to our concerns, taken them into consideration and have confirmed that Kurdish-Americans and other MENA groups of non-Arab ethnic origins will be treated separately,” he said.

    “We look forward to working with census officials over the coming months as they consult with various MENA ethnic communities in the US, so that we can ensure that Kurdish-Americans receive the recognition as a distinct ethnic group that they deserve.”

    The US currently classifies MENA groups as “white” on census forms. Campaigners have lobbied the government to introduce a new category for decades, but efforts have gathered pace amid racial tensions following the 9/11 attacks on New York and Washington.

    Census officials are now mulling whether to allow those of MENA descent to identify as such in the next census, giving them greater political clout and access to public funding.
    It will make a decision based on feedback from affected communities.

    The US Congress would still have to sign off on the proposal before the change could be added to the 2020 Census. Some Republican lawmakers have previously criticized the cost and intrusion of the census and have sought to eliminate the community surveys.

    Tensions between Iraq’s Kurds and Arabs have been raised in recent months because of rows between Erbil and Baghdad and by the Islamic State (ISIS), a Sunni Muslim militia that is fighting the Peshmerga and others in a multi-front war across Iraq and Syria.

    Those tensions have also affected communities overseas, such as in the United States.

    The Kurds are a distinct ethnic group – estimated at 25 to 35 million – with their own language and culture and straddling a mountainous region on the borders of Turkey, Iraq, Syria and Iran. There are also large diaspora Kurdish communities in Europe and the United States.

    Last edited by pinkadonai1; 03-13-2015 at 01:18 PM.

  7. #7

    Re: " The Dinar Daily ", Friday, 13 March 2015

    Zamili: 80% Tikrit liberated, call for arming the tribesmen

    Baghdad (AIN) -The head of the parliament's security and defense committee , Hakim Al-Zamili, emphasized that Tikrit town has been liberated almost 80%, "asking for arming the tribesmen to hold the liberated districts."

    Zamili accompanied the Defense Minister, Khalid Al-Obaidi visited the Salah-il-Din command operation in Tikrit to meet its leaders and also the leaders of the volunteers of popular mobilization.

    Zamili said "The security forces supported by the volunteers and the tribesmen liberated most of the districts in Salah-il-Din almost 80%," noting that "Zamili referred that "his committee asked the Defense Ministry for arming the tribesmen to hold the liberated districts and those that will be liberated later."

    "The security forces and the volunteers will go to Baiji and other districts to clear them from the terrorists of ISIL," he concluded.

    Last edited by pinkadonai1; 03-13-2015 at 01:21 PM.

  8. #8

    Re: " The Dinar Daily ", Friday, 13 March 2015

    Volunteers, Peshmerga control large part of Al-Rashad in Kirkuk

    Kirkuk (AIN) -The volunteers of popular mobilization and Peshmerga elements have controlled a large part of Al-Rashad district in southwest of Kirkuk.

    The volunteers of popular mobilization and Peshmerga elements have taken back Al-Yarmouk residence and Al-Kuba village in Al-Rashad district in southwest of Kirkuk, AIN has learned.

    Last edited by pinkadonai1; 03-13-2015 at 01:22 PM.

  9. #9

    Re: " The Dinar Daily ", Friday, 13 March 2015

    Tribes In Mosul Ready To Support The Security Forces

    Mosul / NINA / Tribes of province of Nineveh said they all on full stand in solidarity with the security forces and support for the Liberation of Mosul from the control of the organization Daash.

    Sheikh Abdullah Shihab al-Jubouri, a tribal leader of al-Jubour in Nineveh told the reporter of NINA that tribal leaders of Nineveh renounce unanimously terrorists organization and refuse to deal with them" stressing that "the elders and notables clans are now waiting an hour Zero to participate in the fight against the organization as well as security forces, demanding the federal government to expedite the launch of the process of liberalization of their city from the grip of Daash and accelerate the redemption of the murder and persecution of crimes committed by terrorists since last June

    Last edited by pinkadonai1; 03-13-2015 at 01:23 PM.

  10. #10

    Re: " The Dinar Daily ", Friday, 13 March 2015

    Mass Grave For Daash Dead Found Southwest Of Ramadi

    Ramadi / NINA / A security source in Anbar province declared discovering a mass grave for gangs of Daash includes 42 bodies in Jndorh area south west of Ramadi.

    He told the National Iraqi News Agency / NINA / "The bodies, which were found showed that they were killed during a period ranging from two weeks to a month."

    He added that "according to intelligence information Daash buries its dead bodies in unknown graves without giving information about them," .

    Last edited by pinkadonai1; 03-13-2015 at 01:24 PM.

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