The Dinar Daily, Friday July 3, 2015
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  1. #1

    The Dinar Daily, Friday July 3, 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 1294.260 1293.613
    British pound GBP 1825.839 1824.926
    Canadian dollar CAD -------- --------
    Swiss franc CHF 1237.661 1237.042
    Swedish krona SEK 140.436 140.366
    Norwegian krone NOK 148.026 147.952
    Danish krone DKK 173.476 173.389
    Japanese yen JPY 9.507 9.502
    Special
    Drawing Rights
    SDR 1634.919 1634.101

    Indicative rates - (as of) 02.07.2015 (no change as of 03.07.2015)


    http://www.cbi.iq/

    Currency Auctions

    Announcement No. (2987- most recent listing)

    The opening offers the sale and purchase of foreign currency in the window of the Central Bank of Iraq on 02/07/2015 results were as follows: (no change as of 03/07/2015)

    DETAILS NOTES
    Number of banks 26
    Number of remittance companies 6
    Auction price selling dinar / US$ 1166
    Auction price buying dinar / US$ -----
    Amount sold at auction price (US$) 260,621,299
    Amount purchased at Auction price (US$) -----
    Total offers for buying (US$) 260,621,299
    Total offers for selling (US$) -----
    Last edited by pinkadonai1; 07-04-2015 at 04:30 AM.
          Share

  2. #2

    Re: The Dinar Daily, Friday July 3, 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, Friday July 3, 2015

    Abadi emphasizes the need for the cooperation of States to control the border and prevent the flow of "terrorists"




    Long-Presse / Baghdad
    The head of the Council of Ministers Haider al-Abadi, on Friday, on the need for cooperation of states to control the border to prevent the flow of "terrorists", and pointed out that military operations in the continuous progress, while US Vice President Joe Biden pointed out that the US administration continues to support the Iraqi government.
    The Prime Minister's Office said in a statement received (range Press) copy of it, "the Prime Minister Haider al-Abadi made a phone call with Mr. Joe Biden Vice President and discuss the political and security situation in Iraq and the region and the challenges faced."
    The statement added that "the two sides discussed during the call also earned victories on gangs (Daash) in addition to the terrorist Liberation Ramadi, Mosul and other areas."
    He pointed Abadi, according to the statement that "military operations in the continuous progress in all the pieces, determined to free all Iraqi territory," stressing "the need the cooperation of States to control the border to prevent the flow of terrorists".
    For his part, Biden praised the "successes of the Iraqi government and the victories achieved by the Iraqi forces," pointing out that "the US administration continues to support the Iraqi government."

    http://www.almadapress.com/ar/news/51161/%D8%A7%D9%84%D8%B9%D8%A8%D8%A7%D8%AF%D9%8A-%D9%8A%D8%A4%D9%83%D8%AF-%D8%B9%D9%84%D9%89-%D8%B6%D8%B1%D9%88%D8%B1%D8%A9-%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D8%AF%D9%88%D9%84-

  4. #4

    Re: The Dinar Daily, Friday July 3, 2015

    Maliki and al-Jubouri, underlined the need to intensify efforts and bring the views to overcome challenges




    BAGHDAD - scales News
    First Deputy President of the Republic Nuri al-Maliki in his official office Parliament Speaker Dr. Salim al-Jubouri and his accompanying delegation received ".
    Maliki's office statement received / scales News / copy of which was pointed out that "During the meeting, which was attended by a number of deputies from the coalition of state law developments in the political situation and security events in Iraq and the region."
    The two sides stressed the need to intensify efforts in all directions and work on the convergence of views between all political forces to overcome the current challenges faced by the country. "29-3 / h

    http://translate.google.com/translate?langpair=auto%7Cen&u=http://www.mawazin.net/%25D8%25A7%25D9%2584%25D9%2585%25D8%25A7%25D9%2584 %20%25D9%258A%25D8%25A9-%25D8%25A7%25D9%2584%25D9%2586%25D9%258A%25D8%25A7 %20%25D8%25A8%25D9%258A%25D8%25A9%25D8%25A7%25D9%2 584%20%25D8%25B9%25D9%2585%25D9%2584%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7 %20%25D9%2582%25D9%258A%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25AC%25D8%25AF%25D9%258A %20%25D8%25AF%25D8%25A9-%25D8%25B3%25D9%258A%25D8%25AA%25D9%2585-%25D8%25A7%25D9%2584%25D8%25AA%25D8%25B9%25D8%25A7 %20%25D9%2585%25D9%2584-%25D8%25A8%25D9%2587%25D8%25A7-%25D8%25AE%25D8%25A7%25D8%25B1%25D8%25AC-%25D8%25A7%25D9%2584%25D8%25A8%25D9%2584%25D8%25AF

  5. #5

    Re: The Dinar Daily, Friday July 3, 2015

    The Investment Committee is a parliamentary laws "important" will raise the capacity of the Iraqi economy!



    Special scales News
    A commission of economy and investment representative, Thursday, all evoke a number of laws, describing them as "important" to raise the capability of the Iraqi economy is to be presented in Parliament in the coming sessions.
    He said committee member Najiba Najib's / scales News /, that "the economic and investment commission has been able to evoke and the completion of several important laws to raise the Iraqi economy's capacity and improve the well," asserting that "the investment law ready to vote and will be put in Parliament in the coming sessions."
    She Najb, that "there are international agreements concerning the Iraqi economy discussed by the economic and investment commission and the parliamentary hearings in parliament will go soon."
    The Committee on the economy and investment representative, called for an expanded meeting to put the finishing touches to the investment law for the legislation in addition to discussing a number of Almanmh.anthy / 29 / d 24 laws

    http://translate.google.com/translate?langpair=auto%7Cen&u=http://www.mawazin.net/%25D8%25A7%25D9%2584%25D9%2585%25D8%25A7%25D9%2584 %20%25D9%258A%25D8%25A9-%25D8%25A7%25D9%2584%25D9%2586%25D9%258A%25D8%25A7 %20%25D8%25A8%25D9%258A%25D8%25A9%25D8%25A7%25D9%2 584%20%25D8%25B9%25D9%2585%25D9%2584%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7 %20%25D9%2582%25D9%258A%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25AC%25D8%25AF%25D9%258A %20%25D8%25AF%25D8%25A9-%25D8%25B3%25D9%258A%25D8%25AA%25D9%2585-%25D8%25A7%25D9%2584%25D8%25AA%25D8%25B9%25D8%25A7 %20%25D9%2585%25D9%2584-%25D8%25A8%25D9%2587%25D8%25A7-%25D8%25AE%25D8%25A7%25D8%25B1%25D8%25AC-%25D8%25A7%25D9%2584%25D8%25A8%25D9%2584%25D8%25AF

  6. #6

    Re: The Dinar Daily, Friday July 3, 2015

    KRG announce export more than 17 million barrels of oil in June



    BAGHDAD - scales News
    The Ministry of Natural Resources in the Kurdistan region, on Friday, that the region's oil exports for the month of June amounted to 17 million and 130 thousand and 639 barrels, indicating that it is seeking an agreement with Baghdad on oil and gas problem. "
    The ministry said in a statement received / scales News / copy of it, "the Kurdistan Regional Government is committed to the budget law for 2015, and at the same time seeking to reach agreement with Baghdad regarding gas and oil problem."
    The ministry added that it "exported 571 thousand barrels per day through the Turkish port of Ceyhan, reaching a total oil exports in the month of June, 17 million and 130 thousand and 639 barrels, of which 12 million and 740 thousand and 711 barrels of the Kurdistan region fields, about 424 thousand and 690 barrels per day," indicating that "the remaining have been exported from the northern oil fields of the company."
    The ministry has followed "the month of June for the Kurdistan region exports through the Oil Marketing Company (SOMO) 4,000,493 thousand and amounted to 334 barrels a day corresponds to 149 thousand and 778 barrels." 29-3 / h


    http://translate.google.com/translate?langpair=auto%7Cen&u=http://www.mawazin.net/%25D8%25A7%25D9%2584%25D9%2585%25D8%25A7%25D9%2584 %20%25D9%258A%25D8%25A9-%25D8%25A7%25D9%2584%25D9%2586%25D9%258A%25D8%25A7 %20%25D8%25A8%25D9%258A%25D8%25A9%25D8%25A7%25D9%2 584%20%25D8%25B9%25D9%2585%25D9%2584%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7 %20%25D9%2582%25D9%258A%25D8%25A9-%25D8%25A7%25D9%2584%25D8%25AC%25D8%25AF%25D9%258A %20%25D8%25AF%25D8%25A9-%25D8%25B3%25D9%258A%25D8%25AA%25D9%2585-%25D8%25A7%25D9%2584%25D8%25AA%25D8%25B9%25D8%25A7 %20%25D9%2585%25D9%2584-%25D8%25A8%25D9%2587%25D8%25A7-%25D8%25AE%25D8%25A7%25D8%25B1%25D8%25AC-%25D8%25A7%25D9%2584%25D8%25A8%25D9%2584%25D8%25AF

  7. #7

    Re: The Dinar Daily, Friday July 3, 2015

    Maliki and al-Jubouri: the need for the convergence of views between the political forces




    BAGHDAD / .. confirmed Vice President Nuri al-Maliki and Parliament Speaker Salim al-Jubouri, on Friday, the need to intensify efforts and work on the convergence of views between all political forces to overcome the current challenges faced by the country.

    Maliki's office said in a statement: "Eye Iraq News" received a copy of it, "First Vice-President of the Republic received his official office Parliament Speaker Salim al-Jubouri and his accompanying delegation," noting that "During the meeting, which was attended by a number of deputies from the coalition of state law developments in the political situation security and events in Iraq and the region. "

    "The two sides stressed the need to intensify efforts in all directions and work on the convergence of views between all political forces to overcome the current challenges faced by the country." Ended


    http://aynaliraqnews.com/index.php?aa=news&id22=41018

  8. #8

    Re: The Dinar Daily, Friday July 3, 2015

    Iraq and Turkey agree to increase water releases in the Euphrates River




    Information / Baghdad / .. agree Vice President Osama Najafi Turkish Orias Minister Ahmed Davutoglu to increase water releases in Nehrlafrat from 270 cubic meters to 500 like them in the second.
    A statement issued by the Office of Nujaifi received by the agency / information / copy of it, that the two sides They met at the headquarters of the prime minister in Ankara, and discussed through the coordination of efforts to combat al Daash security and political issues in common.
    It is worth mentioning that the Iraqi Prime Minister Haider al-Abadi had a telephone conversation yesterday afternoon, with his "Davutoglu" in search during which bilateral relations between the two countries.
    It should be noted that the Iraqi government began to move regionally during the past few days to increase water releases for rivers fed by Iran and Turkey, after high water scarcity in the southern Iraqi provinces rates, high pollution rates and especially the marshes in the province of Dhi Qar region.
    Iraq relies on water to secure mainly on rivers Tigris and Euphrates rivers, and their tributaries, which all stems from Turkey, Iran and converge near the city of Basra in southern Iraq to form the Shatt al-Arab, which flows into the Persian Gulf. Ended / 25


    http://www.almaalomah.com/news/25079/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%88%D8%AA%D8%B1%D9%83%D9%8A%D8%A7-%D8%AA%D8%AA%D9%81%D9%82%D8%A7%D9%86-%D8%B9%D9%84%D9%89-%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D8%A5%D8%B7%D9%84%D8%A7%D9%82%D8%A7%D 8%AA-

  9. #9

    Re: The Dinar Daily, Friday July 3, 2015

    Council of Ministers is a diplomat and an intelligence team to verify the documents and Chaeliks




    Information / Baghdad / .. The General Secretariat of the Council of Ministers, on Friday, the formation of a technical team of diplomatic and intelligence agencies to find out the fact that the documents that were leaked recently site "Wikileaks".
    The Secretariat said in a statement received by the agency / information /, "The Secretary-General of the Council of Ministers chaired deliberative meeting with representatives of security, media and academia to develop a roadmap identifies the program to be adopted by these bodies, which constitute a technical specialist team, in order to verify the authenticity of the documents, which aired WikiLeaks and stand on its authenticity and credibility. "
    The statement added that "This came at the direction Cabinet interesting subject and his efforts analysis based on scientific classification of these documents and to focus on those relating to the national security of the seriousness of the multiplier. "
    The Secretariat noted in its statement that "the technical team will be representatives from the Foreign Ministry and security agencies of his advisers of national security and intelligence centers and specialized research and academics ". Ended / 25


    http://www.almaalomah.com/news/25084/%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D8%B4%D9%83%D9%84-%D9%81%D8%B1%D9%8A%D9%82%D8%A7-%D8%AF%D8%A8%D9%84%D9%88%D9%85%D8%A7%D8%B3%D9%8A%D 8%A7-%D9%88%D9%85%D8%AE%D8%A7%D8%A8%D8%B1%D8%A7%D8%AA%D 9%8A%D8%A7-

  10. #10

    Re: The Dinar Daily, Friday July 3, 2015

    US drone strike kills ISIS leader



    WASHINGTON: The Pentagon says a coalition airstrike in Syria has killed a senior ISIS leader, who has been responsible for moving fighters and weapons from Libya to Syria.
    A senior U.S. official says Tariq bin Tahar al-'Awni al-Harzi was killed by a U.S. drone strike. The official was not authorized to discuss the operation publicly and spoke on condition of anonymity.
    Capt. Jeff Davis, a Pentagon spokesman, says al-Harzi was killed June 16 in Shaddadi in northern Syria. He says al-Harzi coordinated the use of suicide bombing attacks in Iraq and his death will hurt the Islamic State militants' ability to move foreign fighters in and out of the region.
    The U.S. Treasury Department imposed economic sanctions on al-Harzi last September.


    http://www.dailystar.com.lb/News/Middle-East/2015/Jul-03/304941-us-drone-strike-kills-isis-leader.ashx

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