The Dinar Daily, Monday May 18, 2015
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  1. #1

    The Dinar Daily, Monday May 18, 2015

    CENTRAL BANK OF IRAQ

    CURRENCY CODE SELL BUY
    US dollar USD 1166.000 1164.000


    CURRENCY CODE SELL BUY
    US dollar USD 1166.000 1164.000
    Euro EUR 1310.467 1309.812
    British pound GBP 1827.355 1826.442
    Canadian dollar CAD 972.720 972.234
    Swiss franc CHF 1262.588 1261.957
    Swedish krona SEK 141.067 140.996
    Norwegian krone NOK 156.110 156.032
    Danish krone DKK 175.594 175.507
    Japanese yen JPY 9.700 9.969
    Special
    Drawing Rights
    SDR 1645.086 1644.264

    Indicative rates - (as of) 17.5.2015 (no change as of 18.5.2015)


    http://www.cbi.iq/

    Currency Auctions

    Announcement No. (2950 - most recent listing)

    The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 12/05/2015 and the results were as follows: (no change as of 18/05/2015)

    DETAILS NOTES
    Number of banks 18
    Number of remittance companies 4
    Auction price selling dinar / US$ 1166
    Auction price buying dinar / US$ -----
    Amount sold at auction price (US$) 154,832,843
    Amount purchased at Auction price (US$) -----
    Total offers for buying (US$) 154,832,843
    Total offers for selling (US$) -----
    Last edited by pinkadonai1; 05-19-2015 at 11:18 AM.



  2. #2

    Re: The Dinar Daily, Monday May 18, 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

    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

    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.

    http://articles.latimes.com/1991-03-..._kuwaiti-banks


    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,
    Kevin

  3. #3

    Re: The Dinar Daily, Monday May 18, 2015

    Kerry: control (Daash) on the gray will end in the coming weeks



    Long-Presse / Baghdad US Secretary of State John Kerry said on Monday that the control elements (Daash) on the western part of the city of Ramadi Stdmahl in the coming weeks, and among the gray downfall was by "accident", he stressed that communication, finance and supply lines to the elements of the organization may It shrunk.

    He explained Kerry during a press conference held in the South Korean capital Seoul and I followed (range Press), "The fall of the city of Ramadi, the process in the hands of the elements of the organization (Daash) was by accident," adding, that "as soon as the redeployment of security forces and over the coming weeks, the This situation will change. "

    Kerry said, "I am very confident that the control elements (Daash) Stdmahl during the next few days," noting that, "the Iraqi forces are capable of defeating organization (Daash) and expelled from the city."
    On the other hand, Foreign Minister John Kerry said, "The special operation carried out by US forces inside Syria that killed the leader of the organization (Daash) called (Abu Sayyaf) which was obtained important intelligence."

    Kerry continued, "The communication, finance and supply lines for the elements of the organization has shrunk."

    The administration announced Anbar province, on Friday, (May 15, 2015), the control of the organization (Daash) on the government complex in downtown Ramadi Anbar province (110 km) west of Baghdad, security authorities charged with the responsibility of the security collapse in Ramadi.

    The Interior Ministry announced on Friday (15 May 2015), that the security forces launched a "counter-attack" to recover the areas dominated by the organization (Daash) in Ramadi with support from coalition aircraft, and as pointed out that the Joint Command has sent new reinforcements to support security forces and clans, called on the people to not to believe "rumors tendentious and misleading news."

    It has a government compound in Ramadi, Anbar City Center (110 km) west of Baghdad, Anbar province, a building and the Directorate of the provincial police and a number of other government departments.

    The organization Daash controls the most important and prominent cities of Anbar almost a year ago on the events and battles and confrontations between security and tribal forces and highlighted the areas that are under the control of the organization is Fallujah and Qaim border between Iraq and Syria, Hit, Rawa and other ways, including near the borders of the capital, Baghdad vine Fallujah.

    It is noteworthy that the United States is leading an international coalition against al (Daash), in Iraq and Syria, as shown more countries desire to participate in this campaign, after growing risk regulation and the accession number of the citizens of these countries to the ranks of the organization and the fear of returning to carry out operations within these countries .

    http://www.almadapress.com/ar/news/48674/%D9%83%D9%8A%D8%B1%D9%8A--%D8%B3%D9%8A%D8%B7%D8%B1%D8%A9-%D8%AF%D8%A7%D8%B9%D8%B4-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%B1%D9%85%D8%A7%D8%AF%D9%8A-%D8%B3%D8%AA%D9%86%D8%AA%D9%87%D9%8A

  4. #4

    Re: The Dinar Daily, Monday May 18, 2015

    Oil prices rise because of the fighting in Iraq and Yemen



    Shafaq News / Oil prices rose on Monday due to concerns about supplies in the Middle East because of the fighting in Iraq and Yemen, but signs of increasing American

    production halted this rise.

    The price of Brent crude to the nearest maturity month, nine cents to $ 66.90 a barrel by 0311 GMT. While US crude rose from six cents to $ 59.75.

    Price has strengthened fears that the conflict in Iraq and Yemen disrupt the production or supply routes.

    In spite of the conflict in the Middle East, analysts said that oil supplies in the oil markets are still good and that an oversupply may increase if production of the United States increased.


    http://english.shafaaq.com/business/14396-oil-prices-rise-because-of-the-fighting-in-iraq-and-yemen.html

  5. #5

    Re: The Dinar Daily, Monday May 18, 2015

    Sheikh Mohammed, demanding NATO with the help of the Kurdistan region in the war against "Daash"



    Khandan - student vice-chairman of the Iraqi parliament Iaram Sheikh Mohammed NATO to help Iraq and the Kurdistan region in the war against al "Daash" terrorist. He said the Information Office of Sheikh Mohammed, in a statement, "Khandan" received a copy of it, he was "the second day in a row and within the events and activities Conference International NATO, which is currently held in Budapest (Budapest), the capital of Hungary, delivered a vice president of the Iraqi Council of Representatives Iaram Sheikh Mohammed, the word Iraq amid a high-level international presence, "and urged" NATO to provide assistance more for Iraq and the Kurdistan region in the fight against groups Daash terrorist ".

    On the other hand shed Sheikh Mohammed light on the situation and the events in Iraq from the political and security point of view, in addition to the issue of national reconciliation and approve the legislation a number of important laws in the House of Representatives, referring to the "deterioration of the situation in the Middle East and its impact on the security issues in the region in general." , calling for "North Atlantic Treaty Organization to exert more efforts to prevent the outbreak of crisis."

    http://www.xendan.org/arabic/drejaA.aspx?Jmara=12556&Jor=2

  6. #6
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    Re: The Dinar Daily, Monday May 18, 2015

    Central Bank's (et): $ 100 million in sales a day



    By Mohammed Emad

    ten forty-two 18.05.2015

    Views: 2207

    Brother Sam and Mullah: The head of the Central Bank in version Ihsan Yasiri "The Bank of dollar sales up to 100 million dollars a day, between cash and money orders, a figure asymptotic to the goal of the bank."

    And between Yasiri in a statement singled out by the reporter for News Agency (et) that "the central bank took it upon himself to provide the US dollar and sell it to banks and the public because it means global trade, adding that" the central bank sold dollars through the deposit of money orders in banks abroad for the purpose of facilities commercial banks to customers, and also sell the dollar to cash travelers and the sick. "
    He added that "the central bank legalize the sale of hard currency to rationalize, stressing that" there control over the sale process so that the central bank reserves and good have a significant withdrawal ".

    Parliamentary Economic Committee revealed, for a "declaration of the Central Bank of package of measures to sell the currency auction, which would reduce the hard currency smuggling and the occurrence of money laundering in the country."


    http://www.khabaar.net/index.php/permalink/46456.html

  7. #7
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    Re: The Dinar Daily, Monday May 18, 2015

    Developments gray lift Brent crude to $ 67



    Brother - Follow-up: Oil prices rose on Monday due to concerns about supplies in the Middle East as a result of the fighting in Iraq and Yemen.
    The price of Brent crude to the nearest month maturity of seven cents to $ 67.79 a barrel by 10:15 GMT, against a rise of US crude six cents to $ 59.75.

    And it stopped the signs of increasing American production this increase to be price and strengthened fears that the conflict in Iraq and Yemen disrupt the production or supply routes.In spite of the conflict in the Middle East, analysts said that oil supplies in the oil markets are still good and that an oversupply may increase if increased production of the United States.

    And experiencing the city of Ramadi for nearly three days after the successive developments expansion Daash terrorist gangs to several areas where the control of the headquarters of the government task Kalmjma in the city center great preparations for the government to expel the terrrorists.

    http://www.khabaar.net/index.php/permalink/46480.html

  8. #8
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    Re: The Dinar Daily, Monday May 18, 2015

    Iraqi Parliament calls NATO to provide more support to Iraq and Kurdistan Region



    Shafaq News / Vice President of the Iraqi Parliament, Aram Sheikh Mohammed called North Atlantic Treaty Organization (NATO) to provide more support

    and assistance to the security forces from the army, police and Peshmerga in the war being waged against ISIS terrorist organization.

    According to a statement issued by Sheikh Mohammed's office " for the second day in a row and within the events and activities of the International Conference of NATO, which is currently held in Budapest, the capital of Hungary, Vice President of the Iraqi Parliament, Aram Sheikh delivered Iraq’s speech amid a high-level international presence asking NATO more assistance for Iraq and Kurdistan Region in the war against ISIS terrorist groups "

    According to the statement, Sheikh Mohammed "highlighted the situation in Iraq and the security and political events in addition to the national reconciliation issue and passing a number of important laws in the parliament “.

    The Deputy of Parliament’s Speaker noted to “the deterioration of the situation in the Middle East and its impact on the security issues in the region in general, as NATO called for more efforts to prevent the outbreak of crisis."

    http://english.shafaaq.com/politics/14408-iraqi-parliament-calls-nato-to-provide-more-support-to-iraq-and-kurdistan-region.html

  9. #9
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    Re: The Dinar Daily, Monday May 18, 2015

    Pentagon denies ISIS control on Ramadi



    Shafaq News / The US Department of Defense (Pentagon) said on Monday that it is following reports of fighting in Ramadi city western Iraq, and the situation is still

    " uncertain" despite ISIS confirmation of their full control there.

    Maureen Schumann , spokeswoman for the US Department of Defense said when asked whether the United States confirmed ISIS statement that Ramadi, capital of Anbar province fall fully that "it was early to give a specific data on the situation on the ground at this time."

    She added that the United States "continues to follow up reports of heavy fighting in Ramadi, and the situation is still uncertain."

    This will represent the biggest defeat of Iraqi forces in Ramadi, where security sources said that it lost a major military base for Baghdad on Sunday since last summer.

    http://english.shafaaq.com/politics/14395-pentagon-denies-isis-control-on-ramadi.html

  10. #10
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    Re: The Dinar Daily, Monday May 18, 2015

    Maliki's coalition calls Abadi to declare a state of emergency in the country and mobilize 300 000 fighters



    Shafaq News / State of law coalition called on Monday, Prime Minister , Haider al-Abadi to declare a state of emergency after the control of ISIS terrorist organization on Ramadi city, the center of Anbar province, while the Iraqi army and security forces withdrew to other eastern regions.

    The coalition’s member , Jassim Mohammed told “Shafaq News", that "There must be a strong will of the Prime Minister to declare a state of emergency in the country and prepare about 300 000 fighters for the liberation of all the occupied areas from territories without reference to the positions of politicians."

    Mohammed said that "the National Alliance has a majority in the parliament and is able to pass the request to declare a state of emergency in the country."

    Defensive lines of the Iraqi forces have collapsed on Sunday evening in front of the intensity of attacks by ISIS terrorist organization using tanks , armored vehicles and missile strikes, which enabled it to control the entire city.

    In a decision demonstrates the seriousness of the security situation in Anbar , Abadi ordered the Authority of the Popular Mobilization Units to get ready and to participate with the military brigades to liberate Anbar.

    http://english.shafaaq.com/politics/14399-maliki-s-coalition-calls-abadi-to-declare-a-state-of-emergency-in-the-country-and-mobilize-300-000-fighters.html

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