The Dinar Daily, Saturday June 13, 2015
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  1. #1

    The Dinar Daily, Saturday June 13, 2015


    US dollar USD 1166.000 1164.000

    US dollar USD 1166.000 1164.000
    Euro EUR 1315.131 1314.474
    British pound GBP 1802.986 1802.084
    Canadian dollar CAD 950.518 950.042
    Swiss franc CHF 1254.168 1253.541
    Swedish krona SEK 141.677 141.606
    Norwegian krone NOK 151.181 151.106
    Danish krone DKK 176.255 176.167
    Japanese yen JPY 9.373 9.368
    Drawing Rights
    SDR 1641.332 1640.511

    Indicative rates - (as of) 11.06.2015 (no change as of 13.06.2015)

    Currency Auctions

    Announcement No. (2967 - most recent listing)

    The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 08/06/2015 and the results were as follows: (no changes as of 13/06/2015)

    Number of banks 13
    Number of remittance companies 3
    Auction price selling dinar / US$ 1166
    Auction price buying dinar / US$ -----
    Amount sold at auction price (US$) 121.360.000
    Amount purchased at Auction price (US$) -----
    Total offers for buying (US$) 121.360.000
    Total offers for selling (US$) -----
    Last edited by pinkadonai1; 06-14-2015 at 10:38 AM.

  2. #2

    Re: The Dinar Daily, Saturday June 13, 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 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,

  3. #3

    Re: The Dinar Daily, Saturday June 13, 2015

    Kurdistan distribute their payrolls for the month of April Sunday

    Long-Presse / Sulaymaniyah The Ministry of Finance in the government of Iraq's Kurdistan region, on Saturday, to begin the distribution of employees' salaries for the month of April, next Sunday, while confirming that the Ministry of Peshmerga will be the first recipients.

    The Finance Ministry said the Kurdistan Regional Government in a statement received (range Press), a copy of which, "The Kurdistan region's share of the budget for the month of May, amounting to 508 billion dinars reached on Friday to the region."

    The ministry said it "will begin the distribution of employees' salaries next Sunday, that will be the Ministry of Peshmerga is the first Ministry employees receive their salaries."

    The Ministry of Finance announced in the Kurdistan region, on Monday, (June 8, 2015), conversion of Baghdad 508 billion dinars for the region and for the salaries of the Peshmerga staff, while confirming that these funds do not include all of the Kurdistan dues.

    The head of the Kurdistan Nechirvan Barzani Regional Government, on Sunday, (June 7, 2015) that the people of Kurdistan living conditions "very difficult" and placed psychologically bad for not sending the central government financial budget for the region, as pointed out that the Kurdistan region will be a place to house all those fleeing from the people Iraqi, between the Government of the Territory to seek to resolve all the problems with the government of al-Abadi.

    The Prime Minister of the Kurdistan region Nechirvan Barzani stressed, in (June 4, 2015), seeking provincial Permanent resolve the outstanding problems with Bgdaden through dialogue and understanding, with the central government called for a commitment to the terms of the oil agreement, likely to resort region to other solutions in the case of Baghdad's failure to send dues.

    The central bank in the Kurdistan region, announced, in, (the 11th of May 2015), sending the federal government 543 billion dinars to Erbil financial allocations for last April.

    The President of the Kurdistan region, Massoud Barzani, confirmed, in (the 11th of May current), the need to send the federal government the region's share of the general budget to be able to pay its debts, and stressed that the Kurdistan region the ability to export oil by about independent if not received its share .

    It agreed the Kurdistan Regional Government and the Parliament of the region, in the first of March 2015, to continue efforts to divert the region's share of the budget, and coordination of the formulation of a strategy to tackle the financial crisis and the provision of staff salaries, and publish weekly information on the proportion of the production and export of oil, and the processing of all files and the current problems in the Kurdistan region in The legal framework.

    The Ministry of Finance in the government of the Kurdistan region in Iraq (the sixth of May 2015) announced, sending 543 billion dinars federal government to calculate the Kurdistan region, stressing that the amount is transferred in exchange for oil exported from the region during the last April.

    The federal and Kurdish governments have agreed in the (second from December 2014 the past), the allocation of part of the federal allocations of Iraqi ground forces to the Peshmerga forces, and delivery of the Kurdistan Regional Government, 250 thousand barrels of oil per day in addition to the export of Iraq 300 thousand barrels per day of Kirkuk oil.

    The agreement also included the granting trillion and 200 billion dinars for the Peshmerga forces and the allocation of a percentage of the budget of the Ministry of Defense them.
    Last edited by pinkadonai1; 06-13-2015 at 10:33 AM.

  4. #4

    Re: The Dinar Daily, Saturday June 13, 2015

    Subliminal process supported the US Air force kill 13 ISIS elements in Anbar
    Saturday, 13 June 2015 09:52

    Shafaq News / The Commander of the awakening forces of western regions of Anbar , Ashour Al Hammadi announced Saturday, killing 13 ISIS elements in three vehicles carrying weapons

    in a quality Subliminal process which is the first of its kind carried out by a number of fighters of Albu Mahal clan supported by the international coalition in the area western Ramadi.

    Al -Hammadi told Shafaq News, "The force of Albu Hamzah battalion was able to enter al-Kabees area which is subjectrf under the control of ISIS terrorist organization west of Ramadi by wear clothes like ISIS elements and vehicles like the terrorist’s cars as they moved from al-Jazerra area towards Kabees area with direct support and coordination between the force that carried out this task and an international coalition aircrafts by special devices supplied to the force. "

    Al -Hammadi said, "the force managed to arrest 13 ISIS terrorists and 3 vehicles carrying weapons," adding that "the terrorists were killed on the borders of the region."

  5. #5

    Re: The Dinar Daily, Saturday June 13, 2015

    33 casualties from the army and PMU by four suicide attacks south of Baiji
    Saturday, 13 June 2015 12:24

    Shafaq News / According to security and other medical sources on Saturday , at least 33 element of army forces and fighters of the Popular Mobilization Units (PMU) were casualties

    in suicide attacks by ISIS terrorists targeted headquarters and checkpoints south of Baiji district north of Tikrit, the center of Salahuddin province.

    The sources told Shafaq News, that four car bombs type "Land Cruiser Monica" driven by suicide bombers came from al-Salam village west al-Hajaj area south of Baiji, noting that those cars targeted security headquarters and checkpoints in that region.

    The sources added that the first car exploded at the headquarters in al-Hajaj area operations, the second aimed the headquarters of PMU and the third tried to attack the same headquarters, but it has been addressed and detonated before reaching the desired goal.

    The sources added that the fourth car was able to break into PMU checkpoint and also exploded there, noting that the bombings killed seven members of the army and four of PMU while injuring another 22 from both sides.

  6. #6

    Re: The Dinar Daily, Saturday June 13, 2015

    Sadr: The coming period is darker and most of our problems were from the previous government
    Saturday, 13 June 2015 09:20

    Shafaq News / The Leader of the Sadrist Movement , Moqtada al-Sadr said that the situation in Iraq "is not in its worst cases , what is coming is tougher and darker,"

    as the previous government led by Nuri al-Maliki is responsible for most of the problems that arise in the country.

    Sadr considered in an interview with Al-Bawabah Egyptian newspaper, seen by Shafaq News, that ISIS terrorist organization is "an American phenomenon with clear Israeli fingerprints."

    About his assessment to the situation in Iraq, he believed that it was not at its worst "the coming will be darker."

    Sadr talked about the Government of Haider al-Abadi and said it was "satisfactory, but the problem is that they inherited the previous mistakes that brought Iraq to what it is now," in reference to the government of Nuri al-Maliki.

    About the spread of ISIS terrorists in Iraq, al-Sadr said that "terrorism is a clear American- Israeli phenomenon, especially with what we hear from support of the international coalition aircrafts to ISIS, ISIS is not a new phenomenon but is the result of many years of sectarian exacerbations, it is an organization active in places where there is lots of Shiites, making Shiites as its first and last enemy, leaving the Jewish occupier in Jerusalemand the American occupier in a Muslim country to become America safer. "

    About expecting the continuation of such phenomenon in Iraq, he believed that "it is difficult to eradicate it, especially as it has become intellectually rooted, in the Sunnis of Iraq who have fallen between the anvil of the previous government and the hammer of violence, the eradication of terrorism is not by war only, but by education, politics and wisdom , and this is missing now. "

    Sadr was asked about the status of Kurdistan Region "and the expansion of its areas of influence after addressing ISIS," he said. "It's a temporary issue, In God willing."

    On the Baath Party presence in Iraq he said, "It is here due to the actions of the previous government and the increasing influence of ISIS".

    When Sadr was asked about his opinion in the Iranian role in Iraq, especially in light of "charge on their part to you for not consulting them in the issues of Iraq," he said "I try in all my relationships to keep my independence that I consider as cant be changed, so I had moved away from some of their consultations.

    About the role of Qods Force commander , Qassem Soleimani in Iraq, "although he did not showed me his role in Iraq, but I find that he is now trying to help the Iraqis in their plight."

    Asked about Iraq's relationship with Turkey, al-Sadr said he think that there can be some improved relations with the new government, "but I ask Turkey to make the radical factions enemy as its enemy as the case with us."

    About the accusations to the Sadrist movement of sending fighters to Syria, al-Sadr said, "I did not send anyone at all."

  7. #7

    Re: The Dinar Daily, Saturday June 13, 2015

    Saudi Arabia: No new instructions in the travel or the resumption of flights to Iraq
    Saturday, 13 June 2015 10:09

    Shafaq News / The Saudi Directorate General of Passports and Arabian Airlines said that any instructions to allow travel to Iraq or conduct Flights to coincide with the decision

    of the Saudi Ministry of Foreign Affairs to open an embassy in Baghdad embassy and consulate in Erbil were not issued.

    The spokesman of the Directorate General of Passports Colonel ,Ahmed al-Luhaidan said according to “Al-Sada” newspaper that “The regular instructions for travel to Iraq still exist only on condition of obtaining the approval of the competent authorities, denying lifting the ban to travel to Iraq.

    The source at the Saudi Arabian Airlines said that there are no instructions for the resumption of aircraft flights of Saudi Arabian Airlines to Iraq, which stopped between the two countries since the Gulf War in 1990.

    The Saudi Arabian Airlines, has said that its planes amended tracks for international flights over Iraqi and Syrian airspace for nearly two years or more, due to the circuit in the region and as a commitment to events precautions imposed for the safety of passengers and work according to alternative paths in such unstable conditions.

    The Saudi Arabian Airlines stressed that Saudi Airlines is continuously watching the global variables tracks to ensure the safety of the aircraft and its passengers to and from various global stations both in Europe and America as well as in the Middle East.

  8. #8

    Re: The Dinar Daily, Saturday June 13, 2015

    Jubouri says he discussed arming Sunni tribes and joining security forces with Obama and Biden
    Saturday, 13 June 2015 10:56

    Shafaq News / The Speaker of the Iraqi Parliament, Saleem al-Jubouri said that he discussed with US President , Barack Obama and Vice President,

    to speed up arming Sunni tribes and integrate them with the security forces.

    A statement by al-Jubouri’s Office said that a preparatory meeting included Saleem al-Jubouri and Joe Biden continued for hours (followed by) a meeting with President Obama and Vice President to discuss ways to speed up direct armament of Sunni tribes in coordination with the Iraqi government and to ensure the delivery of weapons to clans as soon as possible.

    He said that the meeting discussed the integration of thousands of tribal fighters in the army and police,-combined-with-obama-and-biden-shafaq-news-the-head-of-the-iraqi-council-of-representatives-saleem-al-jubouri,-he-discussed-with-us-president-barack-obama-and-vice-president,-to-speed-up-ar.html

  9. #9

    Re: The Dinar Daily, Saturday June 13, 2015

    Masum discusses Iraqi and Kurdistan’s file with Nushirwan Mustafa
    Saturday, 13 June 2015 11:33

    Shafaq News / A close source to the presidency revealed on Saturday, that Fuad Masum, the Iraqi president met with leader of Kurdish Change Movement ,

    Mustafa Nushirwan to discuss a number of issues of concern to the Iraqi and Kurdish arenas.

    “Masum met Mustafa in the framework of his visit to Kurdistan region and to complete his efforts in the convergence of views among the various political powers on the Iraqi arena to reach solutions to the disputed issues relating in particular to the differences between Baghdad and Erbil solutions, The source told Shafaq News.

    President, Fuad Masum had met his predecessor , Jalal Talabani and Kurdistan Region’s President ,Massoud Barzani during his current visit to the region.,-iraqi-and-kurdistan’s-file.html

  10. #10

    Re: The Dinar Daily, Saturday June 13, 2015

    Abadi: PMU is under the leadership of the state , Only Iraq is fighting in the Iraqi land
    Saturday, 13 June 2015 13:14

    Shafaq News / The Iraqi Prime Minister, Haider al-Abadi renewed on Saturday his confirmation that the Popular Mobilization Units (PMU) of all armed factions affiliated to it and the majority

    of Shiites are under the command of the Iraqi state, and denied that there are fighters of other nationalities supporting the security forces in the war being waged against ISIS terrorists .

    This came during a speech of Abadi in ceremonial body organized by the PMU body on the anniversary of the advisory opinion of Jihad launched by the religious Marjaa in Najaf , Ayatollah Ali al-Sistani.

    Abadi said in that speech "PMU are under the leadership of the State of Iraq, they are Iraqis, Iraqi victory is one hundred percent," adding that "only Iraqis are fighting on the Iraqi land.",-only-iraq-is-fighting-in-the-iraqi-land.html

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