Dinar Daily NEWS Blog – Mar 30th

Iraqi Prime Minister Haider al-Abadi and US President Donald Trump meet last week in the White House. Photo: AP

Trump reaffirms US commitment to Iraqi people in phone call with Abadi

BAGHDAD, Iraq — A week after meeting face-to-face in Washington, D.C., Iraqi Prime Minister Haider al-Abadi received a phone call late Wednesday night, in which US President Donald Trump reaffirmed US commitment to the Iraqi people in the fight against ISIS.

Trump emphasized that military and intelligence cooperation should continue, according to the PM’s website, adding that the courage and intelligence of the Iraqi people “who are loved and respected” by the US will inevitably banish “ISIS gangs.”

Abadi stressed that Iraqi “heroes” are on a winning streak and defeat is very close, according to his office’s statement. He pointed to the importance of continued international support for Iraq.

A readout from Trump and Abadi’s telephone call by White House was brief.

Trump thanked Abadi for last week’s “productive visit” to Washington and “commended PM Abadi’s leadership and the courage of the Iraqi Security Forces fighting ISIS in Mosul.”

“The president also praised the remarkable bravery and sacrifices of the Iraqi people in our shared fight against terrorism,” according to the White House readout, which stated both leaders reiterated their commitments to their countries’ Strategic Framework Agreement.

The call from Trump comes hours after Abadi addressed leaders of the Arab world at the Amman Summit, and days after US and Iraq said they are investigating reports of high numbers of recent civilian casualties in western Mosul.

He said in Amman that any attempt to violate the sovereignty of Arab nations should be considered “a red line in our relations with countries.”

Abadi emphasized that “Iraq is now more united than at any other time. If it was not because of this unity, we would not be able to liberate our land and defeat ISIS militants, criminals, and terrorists.”

He added: “I do not think any country alone can enjoy security and stability. Our happiness is connected with the liberation of our land. Expelling ISIS alone cannot bring an end to terror, but the terror has to be defeated in all Arab countries, the region, and the world as they have also faced this threat.”

During an interview with Fox News on Sunday, Abadi said in English he foresees ISIS being defeated soon militarily.

“Within the next few weeks … militarily,” Abadi said. “As a terrorist organization they will try, so that’s why we need the efforts of others to flush them out in Syria and in other places.

“In Iraq, it’s there. Defeat is sure. It’s definite. We (will) finish the job in a very short time. It is within reach.”

In the interview, Abadi was asked about whether more than 5,000 US troops would continue to be needed after the defeat of ISIS on the battlefield.

“We are concentrating on training, logistical support, and intelligence cooperation and gathering. These are three important elements, which we need some US troops to stay in Iraq to continue the task,” Abadi said.

“[To do that] I think we’ll need much less than the existing ones. Of course with the war gone, the task will be much less than at present, so we’ll be looking at a lower number.”

Abadi was asked to compare the Trump strategy with that of his predecessor Barack Obama.

“President Obama didn’t want to get involved in the first place. He just wanted to forget Iraq. And I think coming back to Iraq [for Obama] was sort of imposed on him because of Daesh, of what they had done — by crossing the Syrian-Iraqi border and occupying about 40 percent of Iraqi land, slaughtering people. So there was a lot of pressure on President Obama to come to the help of Iraq,” Abadi said, using an Arabic acronym for ISIS.

“While at the moment, there is understanding that Iraq is an ally and we should continue working with to support Iraq against terrorists.”

Read more: http://www.dinarupdates.com/showthread.php?47827-Trump-reaffirms-US-commitment-to-Iraqi-people-in-phone-call-with-Abadi

Iraqi security forces and civilians inspect the aftermath of a deadly suicide bombing in southern Baghdad, Iraq, Thursday, March 30, 2017. The truck bomb targeted a police checkpoint in southern Baghdad on Wednesday night, killing and wounding scores according to Iraqi officials. No group has immediately claimed responsibility for the attack but the bombing had all the hallmarks of the Islamic State group, which has tried to stage large-scale attacks over the past weeks to detract Iraqi authorities from the battle for IS-held western Mosul.

UN secretary-general starts official visit to Iraq

BAGHDAD United Nations Secretary-General Antonio Guterres arrived in Iraq on Thursday amid a growing humanitarian crisis due to months-long fighting against the Islamic State group in Mosul, as the extremist group claimed responsibility for an overnight suicide attack in Baghdad.

Backed by a U.S.-led international coalition, Iraqi forces launched an operation in February to drive IS from the western half of Iraq’s second-largest city, after declaring eastern Mosul “fully liberated” the previous month. The city is divided by the Tigris River into a western and eastern half and the initial operation to liberate Mosul of the extremists began last October.

Shortly after landing in Baghdad International Airport, Guterres said on Twitter that his visit is to “focus on the dire humanitarian situation on the ground.” Amid reports of dozens of civilians killed by airstrikes in Mosul, he added that “protection of civilians must be the absolute priority.”

Guterres planned to meet with Iraq’s president, prime minster and Parliament speaker before heading north to the self-ruled Kurdish region.

Since the start of the Mosul military operation in October, more than 350,000 people have fled the fighting, according to U.N. figures. Last month, the U.S.-backed troops started a new push to recapture Mosul’s western side.

The Site Intelligence group, which monitors extremist groups, reported the claim Thursday in which the IS warns Iraqi Shiites that the “flame of the battle” in Mosul will come to them in Baghdad, Karbala, and Najaf.

On Wednesday night, a suicide truck bomb targeted a police checkpoint on Baghdad’s main southern entrance. Three policemen were among the dead while the rest were civilians, police and health officials said on condition of anonymity under regulations.

The militants have suffered a string of defeats over the past two years in the lead-up to the Mosul operation, but have continued to regularly launch attacks in and around Baghdad. A series of large-scale bombings claimed by IS has struck Baghdad since the operation to retake Mosul began.

Iraqi and coalition officials have repeatedly warned that after Mosul, IS will likely return to its insurgent roots as it loses more territory in both Iraq and neighboring Syria.

Read more: http://www.dinarupdates.com/showthread.php?47826-UN-secretary-general-starts-official-visit-to-Iraq

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Abadi

Abadi calls for unified position against violations of Iraq sovereignty

Iraqi Prime Minister Haider al-Abadi on Wednesday called on Arab countries to adopt a unified position towards violations committed against sovereignty of Iraq.

As he addressed the Arab League meeting in its 28th session, he said:”I am strongly opposed to violating sovereignty of Iraq or any other country.”

Abadi also stressed that terrorism, extremism and internal conflicts have led to deviating from the right path, stressing the need to preserve the unity of our peoples and preventing external interference.

Read More: http://www.dinarupdates.com/showthread.php?47819-Abadi-calls-for-unified-position-against-violations-of-Iraq-sovereignty-March-29-201

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Chattels (Dinar Guru)-   Article:  “Iraqi News reporting US troop level increases. “America sends more troops to Iraq”   It will be interesting to look for commentary in the news from Sadr and others.

Read More: http://www.dinarupdates.com/observer/

Eat Well – Lose Weight!!

“Faith is taking the first step even when you can’t see the whole staircase.” Martin Luther King Jr.

Kaperoni (Dinar Guru)-   Article:  “Governmental directives to amend legislation in the transition to a free economy”  Quote:   “The government proceeding towards a free economy and stimulate the private sector and this trend is accompanied by procedural and legal amendments.”  He added that ” the General Secretariat will spare no effort to support the upgrading of Iraq on the highest indicators according to the World Bank standards.”  We will have to watch the agenda’s the next few weeks and see if parliament acts

Read More: http://www.dinarupdates.com/observer/

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Saudi King to Abadi: with restoring Iraq to turn in big area

King Salman bin Abdul Aziz, Saudi Arabia’s support for Iraq to restore its role in the region and strengthen relations with at all levels.

Abbadi’s Office said in a statement received Agency {news Euphrates} copy of it today, “Prime Minister Haidar Al-Abbadi met on the sidelines of the Summit Arabic King Salman bin Abdulaziz.

“They discussed promoting understanding and cooperation between the two countries in trade and economy, investment and joint security coordination.”

“As the victories were addressed Iraqi troops on ISIS gangs.”

King Salman Ibn Abdel Aziz, according to the statement “the importance of relations between the two countries as Iraq State with history and great potential wealth we with great session restore region and strengthen relations with him on all levels.”

Read More: http://www.dinarupdates.com/showthread.php?47764-Privatization-of-the-energy-will-liberate-citizens-from-private-generators-expenses

Hamoudi to encourage projects “House producer”

Presidium Member Humam Hamoudi, four, to encourage projects “House producer” and considers it the most lucrative national economy.

Hammoudi, said in a statement issued on the sidelines of the friars of the best productive projects for Iraqi women received/balance of news copy, that “small and medium-sized projects carried out by women within the home is a real beginning to move the national economy in the country,” pointing out that “House product is the starting point for strengthening confidence and women themselves and to society.”

And the price, “an initiative of the Ministry of labour prepared in training women in small enterprise development products until you reach every home.”

Hammoudi, invited to provide soft loans to make supplementary projects and pottery and handicrafts and agricultural and other “, showing his eagerness to” marketed in cooperation with media support to strengthen national product initiative two years ago.

And a student member of Parliament, President of the Commission for the advancement of Iraqi women commemorate XXXXXXX “taking initiative and supported and developed towards a new horizon qualifies women to strengthen morale and its capabilities as the basis of manufacturing generations and their contribution to activate Iraqi national production from inside her house,” stressing the need to “promote the product House project by all stakeholders as the most lucrative national economy.”

Read more: http://www.dinarupdates.com/showthread.php?47801-Hamoudi-to-encourage-projects-quot-House-producer-quot

Iraqi Dinar/Dollar auction 03-30-17 (most recent listing)

Currency Auctions Announcement No. 3412

This daily currency auction was held in the Central Bank of Iraq on the 03-28-2017

The results were as follows:

DETAILS NOTES
Number of banks 37
Number of remittance companies 11
Auction price selling dinar / US$ —–
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 159,075,819
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 159,075,819
Total offers for selling (US$) —–

More: http://dinarupdates.com/observer/

!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA

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Dollar rates against the Iraqi dinar .. Monday morning

Economy News / Baghdad …The dollar exchange rate against the Iraqi dinar, according to banking markets in Baghdad and the Kurdistan region, a brief summary on Monday morning, March 27 for 2017.

Baghdad

Selling USD / 100 = 125,850 dinars price (1 USD = 1258.5 IQD)
Purchase price of $ / 100 = 125,650 dinars (1 USD = 1256.5 IQD)

Erbil

Selling USD / 100 = 126,000 dinars price (1 USD = 1256.0 IQD)
Purchase price of $ / 100 = 125,800 dinars (1 USD = 1258.0 IQD)

Read more: http://www.dinarupdates.com/showthread.php?47743-Dollar-rates-against-the-Iraqi-dinar-Monday-morning

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The following .PDF is the review by RCookie of the IMF board’s publishing of Iraq’s SBA (excellent info) – He would have wanted you all to have it.. posting the whole .PDF was the only way to get it on here. Enjoy. BGG

SBA 2016 RECAP

Robert Cook  CSW  CSS  CBP  CST  CTC

Iraq:

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

12162016

CURRENCY CODE SELL BUY
US dollar USD 1184.000 1182.000
Euro EUR 1272.563 1271.927
British pound GBP 1471.890 1471.154
Canadian dollar CAD 885.962 885.519
Swiss franc CHF 1191.147 1190.551
Swedish krona SEK 133.640 133.574
Norwegian krone NOK 138.460 138.391
Danish krone DKK 171.017 170.931
Japanese yen JPY 10.646 10.640
Special
Drawing Rights
SDR 1612.454 1611.648

Indicative rates – 03.30.2017

http://www.cbi.iq/

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