The Dinar Daily, Thursday June 4, 2015
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  1. #1

    The Dinar Daily, Thursday June 4, 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 1298.224 1297.575
    British pound GBP 1782.114 1781.223
    Canadian dollar CAD 937.601 931.132
    Swiss franc CHF 1244.530 1243.908
    Swedish krona SEK 138.615 138.545
    Norwegian krone NOK 148.973 148.899
    Danish krone DKK 174.032 173.945
    Japanese yen JPY 9.415 9.410
    Special
    Drawing Rights
    SDR 1629.240 1628.426

    Indicative rates - (as of) 04.06.2015


    http://www.cbi.iq/

    Currency Auctions

    Announcement No. (2964 - most recent listing)

    The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 03/06/2015 and the results were as follows:

    DETAILS NOTES
    Number of banks 21
    Number of remittance companies 3
    Auction price selling dinar / US$ 1166
    Auction price buying dinar / US$ -----
    Amount sold at auction price (US$) 153,688,000
    Amount purchased at Auction price (US$) -----
    Total offers for buying (US$) 153,688,000
    Total offers for selling (US$) -----
    Last edited by pinkadonai1; 06-05-2015 at 11:12 AM.



  2. #2

    Re: The Dinar Daily, Thursday June 4, 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, Thursday June 4, 2015



    Changes in the structure of the Kurdish Islamic group
    Thursday, 04 June 2015 12:50

    Shafaq News / Amir of the Kurdish Islamic group in Kurdistan ,Ali Baber revealed on Thursday, a series of changes in the structure of his party by forming four councils

    and raising the quota of women in leadership by 10 percent.

    Baber said at a news conference attended by Shafaq News, during the Third Conference of the group, that his party formed four councils and raised the proportion of women in leadership quota from 3% to 10%.

    Baber said that the Political Bureau changed to a Political Council, noting that the conference also voted to change the party’s slogan that contains monotheism word to monotheism logo.

    The Kurdish Islamic group party has begun its third conference since Saturday and lasted for three days as re-elected its Amir, Ali Baber.

    788-members have participated in the conference and boycotted by nine members in the first day of the conference and pointed out to their desperation for changes and reforms in the party

    A number of members of the Secretariat of sisters in the Islamic Group boycotted the Conference and said that women within the Islamic community are treated as members of the second degree in political terms.

    The Kurdish Islamic group has split from the Islamic Movement of monotheism in 31 May 2001 and headed since then by Ali Baber .


    http://english.shafaaq.com/politics/14643-changes-in-the-structure-of-the-kurdish-islamic-group.html

  4. #4

    Re: The Dinar Daily, Thursday June 4, 2015



    Army repels ISIS attack by an Excavator bomb and kills 3 ISIS elements eastern Ramadi
    Thursday, 04 June 2015 13:17

    Shafaq News / The Iraqi army forces foiled an attack by ISIS terrorist organization eastern Ramadi city, the center of Anbar province.

    “Our forces have destroyed an excavator bomb and killed three terrorist elements eastern al- Husaybah area, The Ministry of Defense said in a statement received by Shafaq News.

    http://english.shafaaq.com/security/14644-army-repels-isis-attack-by-an-excavator-bomb-and-kills-3-isis-elements-eastern-ramadi.html

  5. #5

    Re: The Dinar Daily, Thursday June 4, 2015

    Electricity recognizes the existence of a "significant shortfall" processing of Baghdad and expects to end the crisis within ten days



    Approved the Ministry of Electricity, on Wednesday, there was a "significant shortfall" in Baghdad hours of processing, while attributed this to stop three plants for work due to lack of fuel, and the excesses of the provinces on the share capital, it is expected to end the crisis within ten days.

    A spokesman for the electricity minister, Mohammed Fathi, in an interview to the (long-Presse), "The hours of processing in Baghdad a few really volatile," attributing it to "three generation stops, is the chest, Jerusalem and Taji, amounting to installed capacity of generating 280 and 180 and 150 Mika Watt respectively, as a result of lack of fuel to run them. "

    He added Fathi, that "the other reason that hinders increase the hours of processing in Baghdad, is the exposure of the carrier Mersat power line from Iran, with a capacity of 400 MW, for acts of sabotage, or stopped by the Iranian authorities," adding that "the government has launched the necessary funds to the Ministry of Electricity to buy fuel to run those stations. "

    The spokesman explained that "the southern provinces began in the last term to encroach upon the share of Baghdad," noting that "the ministry has formed today, a committee headed by its agent for distribution, for a meeting with the provincial councils of past to stop it."

    Fathi promised, that "higher temperatures and increased energy demand also affected the hours of processing," Msttrda that "Baghdad has donated 250 - 300 MW from its share of the province of Karbala for a six-day visit to coincide with the popular".

    He predicted a spokesman for the minister of electricity, that "the solution of electricity crisis in Baghdad within ten days," stressing that "the ministry is making great efforts to raise the Baghdad share of electric power from about 2000 to 3750 MW to be the actual hours of processing 18 hours a day, provided the lack of excesses and carrier networks bear it and that the fuel and the funds available. "

    And saw Fathi, that of "illogical likened to the situation in which the country is going through the current year 2015 predecessor," and continued that "the funds were available during the past year in 2014, as well as fuel."
    Fathi denied, the existence of "problems between the ministries of oil and electricity," asserting that "The oil ministry provides assistance to the ministry despite the obstacles they face."

    It is noteworthy that Iraq's oil production has increased considerably compared to the previous year, and that the Ministry of Electricity has been the complaint of non-receipt of sufficient quantities of fuel affects the ability of obstetric.

    Iraq has suffered a shortage of electricity since the beginning of the year 1990, and increased hours of rationing electricity after the year 2003, in Baghdad and the provinces, without having succeeded the Ministry of Electricity or the government's efforts to address the crisis despite billions of dollars spent for it.

    http://www.almadapress.com/ar/news/49594/%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D8%AA%D9%82%D8%B1-%D8%A8%D9%88%D8%AC%D9%88%D8%AF-%D9%86%D9%82%D8%B5-%D9%83%D8%A8%D9%8A%D8%B1-%D8%A8%D8%AA%D8%AC%D9%87%D9%8A%D8%B2-

  6. #6

    Re: The Dinar Daily, Thursday June 4, 2015

    Abadi's office denies "the imposition of promises conditional on the Iraqi government" during the Paris Conference



    Long-Presse / Baghdad Denied the Information Office of the Prime Minister Haider al-Abadi, Thursday, news of the imposition of promises conditional on the Iraqi government at the Paris conference, the first on Tuesday, to be applied within a specific timeframe, and as he emphasized that resort to this kind of agreements "is not of our policy ", and called on the media to" carefully spread the news. "

    He said the Office of the Prime Minister Haider al-Abadi said in a statement received (long-Presse) a copy of it, he was "at a time when Iraq won the support of the international community responded to the invitation of Prime Minister to increase the support and international support for Iraq in the face of (Daash), deny the rumors in some Media from imposing conditional promises on the Iraqi government to be applied within a specific timeframe. "
    The statement added that "information on promises conditional absolutely not true and did not put in the Paris Conference of the international coalition against gangs (Daash) terrorist There are no secret agreements," stressing that "the government is not its policy to resort to agreements of this type which declares its people all Mataatousel to him very clearly. "

    He called Abadi's office, all the media to "carefully spread the news that hurt each in terrorism service," pointing out that "the Iraqi government is committed to what is stated in the government program which applied most of its paragraphs and involve all components in its decisions and work with them to eliminate gangs terrorist and achieve security and stability in Iraq. "

    The number of the media picked up the news on the granting of the international coalition, Prime Minister Haider al-Abadi three months to fulfill his promises to the seven versus four pledges from coalition countries to support his government.

    http://www.almadapress.com/ar/news/49604/%D9%85%D9%83%D8%AA%D8%A8-%D8%A7%D9%84%D8%B9%D8%A8%D8%A7%D8%AF%D9%8A-%D9%8A%D9%86%D9%81%D9%8A-%D9%81%D8%B1%D8%B6-%D9%88%D8%B9%D9%88%D8%AF-%D9%85%D8%B4%D8%B1%D9%88%D8%B7%D8%A9-%D8%B9

  7. #7

    Re: The Dinar Daily, Thursday June 4, 2015



    Police kill 13 ISIS elements in a meeting of the organizations’ leaders in Anbar and Salahuddin
    Thursday, 04 June 2015 12:40

    Shafaq News / The federal police announced on Thursday, that 13 terrorists were killed and an excavator used by the "enemy" to dig trenches was destroyed

    in separate military operations in eastern Husaybah area in Anbar province.

    The federal police commander , Raed Shakir Jawdat told Shafaq News, that the " forces have killed 7 terrorists trying to sneak to the line of our security forces while killed six others by police sniper fire as they were trying to mine roads by improvised explosive devices."

    Jawdat added the "the missile battalion destroyed a vehicle of the enemy while mortar battalion targeted barracks of the enemy and destroyed them completely after receiving intelligence information indicating a meeting of a number of the organization's leaders inside the barracks."

    http://english.shafaaq.com/security/14642-police-kill-13-isis-elements-in-a-meeting-of-the-organizations’-leaders-in-anbar-and-salahuddin.html

  8. #8

    Re: The Dinar Daily, Thursday June 4, 2015

    Council of Ministers directed to reduce working hours during Ramadan



    Long-Presse / Baghdad Directed the General Secretariat of the Iraqi Council of Ministers, on Thursday, ministries and departments not associated with the Ministry to reduce the working hours during Ramadan, one hour, while confirming that always mark the beginning of the morning is up to the departments "to relieve the staff."

    General Secretariat of the Council of Ministers said in a statement received (range Press), a copy of it, that "the General Secretariat of the Council of Ministers directed all ministries and departments not associated with the Ministry to reduce the working hours during Ramadan," indicating that "the official working hours will cut one hour in government departments all ".

    The Secretariat added that "mark the beginning of the morning always leave the same circles," noting that "this decision was made to ease the work on the staff hours during the month of Ramadan."

    The month of Ramadan is the ninth month in the Islamic New Year, which Muslims holding it from food and drink from dawn until sunset, and the month of Ramadan like other months the Islamic New Year which consists of 29 or 30 days, as will mark during the current year 2015, after mid-June current

    http://www.almadapress.com/ar/news/49605/%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D9%88%D8%AC%D9%87-%D8%A8%D8%AA%D9%82%D9%84%D9%8A%D8%B5-%D8%B3%D8%A7%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%AF%D9%88

  9. #9

    Re: The Dinar Daily, Thursday June 4, 2015



    5 killed in a roadside bomb explosion targeted a bus in Diyala
    Thursday, 04 June 2015 12:17

    Shafaq News / A Local official said that five civilians, including two children were killed when a roadside bomb targeted a bus between Abe Seda and al-Abara sub-districts.

    The source told Shafaq News that the bomb exploded targeting a small bus on the outskirts of Bodjh area 9 km northeast of al-Abara what caused the deaths of five people, including two children and a woman.

    Areas near Abe Seda and al-Abara sub-districts are experiencing continuous violence and IED attacks left dozens dead and wounded people.

    Local officials attribute the security tensions in al-Abara sub-district to the growing activity of disguised ISIS in villages and orchards of the sub-district adjacent to Abu Seda town, 30 km north east of Baquba.


    http://english.shafaaq.com/security/14641-5-killed-in-a-roadside-bomb-explosion-targeted-a-bus-in-diyala.html

  10. #10

    Re: The Dinar Daily, Thursday June 4, 2015



    The compensation of more than 4400 documents of terrorism victims ratified
    Thursday, 04 June 2015 12:00

    Shafaq News / Central Commission for compensation for those affected by the military operations and military mistakes and terrorist operations in the General Secretariat of the

    Council of Ministers ratified on more than 4,400 special documents of citizens whose property were affected.

    According to authoritative source in the Committee, the Central Committee through weekly meetings which will be held on Thursday of each week, has ratified 4413 special documents of citizens whose property were affected as a result of terrorist attacks and military mistakes in the past five months of 2015, adding that the number of mentioned papers were distributed between 2788 correct documents and 1625 incorrect documents.

    He said that the approved documents by the Central Committee included 12 provinces.

    The source noted, that the Central Commission for compensation for the victims were sent all to be approved by the Ministry of Finance for the purpose of allocating money and turn it into sub-committees in the provinces to be distributed to those affected at a later time.

    http://english.shafaaq.com/community/14640-the-compensation-of-more-than-4400-documents-of-terrorism-victims-ratified.html

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