Dinar Daily NEWS Blog – May 17th

Posted on May 17, 2017 by BGG

PM Abadi urges Islamic State fighters to surrender as Mosul battle nears end

Mosul (IraqiNews.com) Iraqi Prime Minister Haider al-Abadi has urged Islamic State militants to surrender as government troops close in on the group’s last entrenchments in western Mosul.

Speaking to reporters in his weekly press briefing late Tuesday, Abadi called upon IS members to surrender, promising to grant them “a fair trial” in that case.
“Fighting in Mosul should proceed in a calculated pace,” Abadi stated during the conference. “Our intelligence capabilities have developed, and we are ahead of the enemy.”
Iraqi government forces have become close to retaking western Mosul and declaring the full recapture of the city that fell in IS grip in 2014. The eastern section was retaken in January.

On Tuesday, Brig. Gen. Yahia Rasoul, spokesperson of the Iraqi Joint Operations Command, said Iraqi troops became in control over 89.5 percent of territory at western Mosul, having killed more than 16000 militants since the launch of Mosul operations in October. Other commanders had predicted to recapture the city before the end of this month.

Iraqi government forces are eyeing the ancient, densely structured and populated Old City, the place where Islamic State’s supreme leader Abu Bakr al-Baghdadi declared the establishment of an “Islamic Caliphate” in 2014. Troops besieged the area for weeks from the south, but turned to the northwestern axis to invade the city earlier this month. IS fighters are believed to have been holding hundreds of thousands at that area as human shields.

Read more: http://www.dinarupdates.com/showthread.php?49173-PM-Abadi-urges-Islamic-State-fighters-to-surrender-as-Mosul-battle-nears-end

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BGG (Dinar Guru) – Iraqi Day…(not a terrible news source)… tweeted this… #ISIS CALIPHATE HAS ENDED. #Iraq forces storm 4 districts in #Mosul today & gains are incredible, only 2 districts left under ISIS control. “gains are INCREDIBLE”… Earlier today [Sunday] the Fox News Ticker said that Iraqi Spec Ops and U.S. backed-Commandos had breached the final line of defense and fortifications held by ISIS in Mosul. They could actually have Mosul completely liberated by tomorrow [Monday] (if they make the same gains as today). Not that I am saying that – or predicting it… I am just putting some context on things. I care greatly about the actual fruition of our investment.

Read more: http://www.dinarupdates.com/observer
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Operation to retake Hawija postponed to after Mosul offensive, governor says

The operation to drive out ISIS militants from the Sunni stronghold of Hawija is delayed till the end of the ongoing offensive in Mosul and border regions near Syria, Kirkuk Governor Najmadin Karim said Tuesday amid growing pressure on Iraqi army to launch the operation.

The city and its immediate localities had a population of 500,000 people before it was captured by the ISIS militants in mid-2014 but it is estimated that around half of the residents have fled the area, mostly to the nearby Kirkuk city adding to its dramatic refugee crisis.

“They have openly said that before Mosul operation is complete, the Hawija offensive will not start and now they have also said that ISIS-held territories in Anbar province on the Jordan-Syria border must be liberated before the operation to retake Hawija begins,” Karim told reporters in Kirkuk after meeting with Arab Sunni groups who have demanded the government to step up the operation.

Iraqi Prime Minister Haider al-Abadi said Tuesday that Hawija operation will begin after the liberation of Mosul from the ISIS militants where the extrimist group is engaged in fighting against the advancig Iraqi forces in the last remaining districts in western Mosul.

Iraqi forces have pushed back the militants in most areas near Hawija, and the city has virtually been sieged by Peshmerga forces since August last year. But the incursion of the army into the city has been postponed largely to avoid costly street and house to house clashes inside the city where ISIS has had time to build fortified bases including ditches protected by planted landmines.

Iraqi and Kurdish authorities also fear that incursion of the predominantly non-Sunni forces into the city could trigger a wider ethnic gun-battle across the contested areas else where in the country. Hawija has been at the center of multiple Sunni insurgencies and popular uprisings since 2004.

Sunni groups from Hawija have in the past shown support to participating in the operation and said over 6000 local volunteers are prepared to join the action to reduce Sunni anxiety in the face of an army offensive.

“We will put more pressure until our voice is heard and our areas liberated,” said Hatam Tayi, head of a Sunni faction from Hawija adding that a large demonstration will be held in Kirkuk in the coming days to pressure the government to launch the offensive.

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“In America, we don’t worship government. We worship God” – President Trump

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Army Commander: Iraqi Forces to Drive ISIL out of Western Mosul by Friday

An Iraqi Army official in Nineveh province said he expects full liberation of the Western side of Mosul by Friday.

“Iraqi troops managed to retake most regions and districts in Western Mosul from the ISIL terrorists,” an Iraqi army commander told Sputnik, expecting the whole region to be freed by Friday.

In a statement earlier on Tuesday, Federal Police Chief Lt. Gen. Shaker Jawdat announced that his troops were in control of 80 percent of Iqtisidayeen and 17 Tamuz (July 17th) districts, in addition to eight other pivotal targets that were previously retaken.

“The troops shelled ISIL’s defense lines as well as their headquarters North of the Old City and killed dozens of the militants. Fifteen sq/ km were freed, 168 booby-trapped vehicles were destroyed, 200 landmines were removed while 24 bombs were defused,” he added.

“Six families detained by ISIL in 17 Tamuz were freed. They were kept for several days inside one of the houses with the doors locked and the house booby-trapped to prevent them escape,” he added.

“The total number of families evacuated from battlefields have reached 850 so far since the start of the last phase of military operations in Western Mosul on May 6,” Jawdat said.

In a press conference, the Joint Operations Command declared on Tuesday controlling 89.5 percent of Western Mosul and killing 16,467 members of the ISIL since beginning of operations in Western Mosul.

Iraqi commanders had predicted recapturing the remaining parts of the city this month.

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Parliamentary calls for the formation of a Supreme Council of oil and energy under the supervision of Abadi

BAGHDAD – A member of the oil and energy parliamentary committee Ali Faysal al-Fayadh on Wednesday called for the formation of a higher council for oil and energy under the direct supervision of Prime Minister Haider al-Abadi, whose task is to oversee and plan the Iraqi oil policy, manage contracts and agreements and partnerships.

Al-Fayadh said in a statement received by Iraq News, “At a time when there is an increasing need to develop and expand the interest in the oil and energy portfolio, which represents the vital artery and the most important for the Iraqi individual, we call for the formation of a higher oil and energy council in the country. Oil contracts and the follow-up of export contracts and the development of oil industries, and make the Council, the Supreme Authority and not limited to marketing company oil Sumo, which dominates the Iraqi oil sector and is the only party controlling the conclusion of contracts for the export of crude oil as well as export contracts and Esther ED derivatives “.

Al-Fayyad added that “there is foggy and unclear in many of its transactions (Sumo) and its contracts with international companies, but the Supreme Council of Oil and Energy will remove all the question marks placed on the general management of the energy file, especially that it will be under the direct supervision of the Prime Minister and the membership of each of the oil ministers Foreign affairs, finance, electricity, planning and personalities with expertise and expertise in the oil field. ”

He continued that “most of the world’s oil has higher boards of wealth management and the conclusion of agreements and deals and the presence of the Council will be important at the moment, especially as Iraq depends on the revolution oil as a primary source of resources,” and called on the parliamentary blocs and political “to support this proposal and translated on the ground to preserve wealth And not leaving it in constant loss. ”

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A consultative meeting of the three presidencies and leaders of the political blocs

Baghdad / Range Held three presidencies and a number of leaders of the political blocs, a consultative meeting, which discussed a number of topics, including the preparation of the requirements of the upcoming elections and the latest developments in the battle to liberate Mosul.

“The Peace Palace in Baghdad hosted a consultative meeting between the three presidents and leaders of a number of political blocs to discuss political and security developments as well as regional and international developments,” the statement said.

The presidential statement said that “the meeting was attended by President Fuad Masum, Prime Minister Haider al-Abadi, Speaker of Parliament Salim al-Jubouri, Vice President Nouri al-Maliki, Deputy Speaker of the House of Representatives Aram Sheikh Mohammed, The Kurdistan Democratic Party Fadhil Mirani, a member of the Political Bureau of the Patriotic Union of Kurdistan Adnan Mufti, and the head of the coalition of Arab Saleh al-Mutlaq.

“The meeting focused on the need to move forward to prepare the laws and requirements for the holding of the upcoming elections, as well as to accelerate the completion of the process of selecting the Council of the High Commission for Elections,” the Presidency said.

“The meeting was followed by the victories achieved by our armed forces to organize the preacher in the battle to liberate Mosul, And the legislation of the laws of the Federal Court and the Federal Service Council, “stressing at the same time” to provide full support to the government in its actions against any violation of the rule of law. ”

The meeting also discussed ways to speed up the return of displaced people, continue initiatives to achieve community reconciliation and work to strengthen Iraq’s status at the regional and international levels.

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Iraqi forces recapture western Mosul’s al-Rifaie district, a major IS bastion

Iraqi government forces recaptured on Wednesday al-Rifaie district, a major area held by the Islamic State where intense battles have been running to retake the region.

The Defense Ministry’s War Media Cell said the army’s elite Counter-Terrorism Service took over the district completely and raised the Iraqi flags above its buildings.

Al-Rifaie is one of a handful of northwestern Mosul neighborhoods which Iraqi forces have been sweeping through over the past two weeks on its way to invade the strategic Old City, the most significant IS-held target where the group first declared the establishment of its rule in 2014.

Earlier this week, the Iraqi Joint Operations Command said it controls 89.5 percent of western Mosul territory and that more than 16000 militants were killed since operations launched to liberate Mosul in October.

Some generals were quoted saying they predict the city to be free before the end of ths month.

In a relevant context, Maj. Gen. Najm al-Jubouri, a senior commander of the JOC’s Nineveh Operations, said Iraqi forces had started erecting bridges to facilitate the movement of civilians from the western region to the eastern side which government troops recaptured in January.

Five bridges linking the city’s two sides above the Tigris River were destroyed by fighter jets ahead of launching the western Mosul offensive in February as part of a plan to prevent IS members from running from the east to the west.

“Security troops are about to set up bridges linking Hawi al-Kanisah (northwest) with the east,” Jubouri said, adding that the step aims to speed up the movement of civilians.

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“Iraqi oil”: the process of exporting Kirkuk oil is not clear and beyond the control of the central government

A spokesman for the Iraqi Oil Ministry, Asim Jihad, during his conversation with Roudao correspondent, Mustafa Koran

The spokesman for the Iraqi Oil Ministry, Assem Jihad, that “despite disagreements and differences in views on the subject of oil agreement between the Kurdistan Regional Government and the central government, but hope remains always, and seek to accelerate the creation of a new agreement to serve the national interest.”

“We are always seeking an agreement that serves the citizens in all Iraqi provinces, as well as the Kurdistan region, and therefore we must work on this subject in a common national spirit, and look for the national stage,” Jihad told the network.

Jihad said that “despite the lack of implementation and commitment from both sides on the previous oil agreements, but the people remain one, and therefore must always remain hope because we are all Iraqis in the end.”
On the issue of non-disbursement of the “Petrodollar” of the province of Kirkuk, the spokesman for the Ministry of Oil, “Kirkuk province has become a complex and difficult issue, and there are a lot of things out of control, and the federal government does not have authority over all the oil fields in Kirkuk, Not clear, and all this leads to the non-disbursement of (petrodollar) of the province of Kirkuk. ”

As for the city of Basra, which is a source of the economy of Iraq, which suffers from marginalization in all respects, Assem Jihad said that “the Ministry of Oil and the Ministry of Technical, and its work is to explore and the issuance and sale of oil, and the return of cash to the central government, The Petrodollar issue, where this amount is spent permanently. ”

With regard to the establishment of a province in Basra, and its economic impact on Iraq, Jihad said: “We do not want to anticipate events and judge this issue, the subject was an idea, but not realized until this moment, and when it is realized there will be another talk about this subject.”

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BGG (Dinar Guru) – Article: “Iraq offers compensation settlement and Kuwaiti debt against investment” Quote: “…the meeting also discussed the file of compensation with the State of Kuwait and ways to settle through the window of investment inside Iraq.“. two separate items talked about – how to pay back Kuwait (not to be confused with) – their eagerness to settle investments inside Iraq? One of the big problems needing dealt with – is they have few mechanisms in place to safe guard investors. Why would the IMF care about Iraqi investors. They don’t – this is referring to OUTSIDE investors. Period. Really good news – entering final talks – it appears.

Read more: http://www.dinarupdates.com/observer/
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Transport announces the opening of a direct air line between Baghdad and Belgrade at the end of this month

BAGHDAD – A spokesman for the Ministry of Transport, Salim Musa, announced on Tuesday the opening of a direct air link between Baghdad and the Serbian capital Belgrade at the end of this month in the absence of “obstacles” administrative, indicating that the Minister of Transport Kazem A cup has been working for some time on the opening of direct air links between Baghdad and the European capitals to restore the Iraqi Airways to the reality.

He explained, “These efforts were strengthened by the opening of direct flights between Baghdad and some countries, where was going to Serbia and the holding of several meetings and agreements resulted in the creation Formula to open a direct line with Belgrade and accepted with Athens, ” Pointing out that “the collection of direct visa from the airport needs efforts should be made by the Ministry of Foreign Affairs and there is an actual approach to this matter.”

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Kaperoni (Dinar Guru) – Article: “ATMs for MasterCard card users” …it is fun to watch all the pieces be put in place for the economy to take off. Iraq is literally going from the stone age to the 21st century with technology in a few years.

Read more: http://www.dinarupdates.com/observer/
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Iraq Stock Exchange discusses technology solutions in Beirut for its applications

BAGHDAD – The Iraqi stock market opened Monday in the Lebanese capital of Beirut its conference on the applications and solutions of technology trading securities, stressing the need to bring investments to the securities market.

“The conference is currently being held in the Lebanese capital of Beirut, the second of its kind since last year in the United Arab Emirates. There were also conferences and workshops between the two conferences,” said Taha Ahmed Abdel Salam, A knot inside Iraq and yielded positive results supported the market in his work. ” He added that “the conference was attended by a group of senior officials of the Central Bank of Iraq and a number of ministries of the Iraqi state, adding brokerage firms and international investment companies.”

He pointed out that the aim of the conference is to achieve the objectives related to bringing investments, correcting and correcting the trends adopted by financial markets and plans, especially their relationship with financial institutions, as well as with the market elements represented by joint stock companies and brokerage companies, specifically investors.

“The Iraqi Stock Exchange Law speaks about the capital market in Iraq, which consists of key elements supporting the development of the market and the Securities Commission, which is an organization of the rules of instructions needed by the market as well as joint stock companies to disclose their data and review levels of performance annual and quarterly.

Abdul Salam expected that “the meetings of the conference will witness further discussions and meetings between investment companies and those interested in stock markets.”

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Adam Montana (Dinar Guru) – [What will happen to the other major currencies when the CBI RV’s the IQD/USD exchange rate? The countries using the EUR, the GBP, the CHF, the JPY, and the CNY all have international corporations invested in Iraqi oil with contracts based on today’s exchange rates. How will a radical upward IQD/USD RV (which effectively decreases the value of the USD against the IQD) affect the EUR/USD and the GBP/USD and the CHF/USD and the JPY/USD and the CNY/USD exchange rates? Will these other major global currencies also be devalued and what in your opinion will that do to an already stressed global economy?] This is a great question, because it opens up the floor to discuss how an RV is really a zero-sum game, mostly because we are talking about a fiat currency. When the FED prints more USD, we don’t actually gain that money. It just dilutes the dollar a little bit more. IQD, and an RV of the currency, works the same way, just on a global scale. My opinion is that almost every other currency will take a slight hit, and then rebound once the IQD rate stabilizes, and within about a month all currencies will be back to normal… except the IQD will be dramatically different than it was a month prior.

Read more: http://www.dinarupdates.com/observer/
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Parliament votes tomorrow on the proposed law on the operation of the first graduates

(Baghdad: Al-Furat News) The House of Representatives will resume on Tuesday its regular session to vote on two draft laws.

A statement of the Council, received by the agency {Euphrates News}, a copy of it, tomorrow’s session includes “the completion of the vote on the draft law to reform inmates and depositors, and vote on the proposed law to run the early graduates.”

The meeting will also discuss the recommendations of the Education Committee regarding school buildings and an oral question addressed to the head of the Federal Audit Bureau, as well as the report and discussion of the draft law granting the employee a long standard leave and handling the conditions of the contractors.

The statement said the meeting included “the report and discussion of the draft law on the residence of foreigners, and the report and discussion of the draft law on delegation of powers.”

The House of Representatives lifted on 30 April last, its normal to Tuesday, the ninth of May, after voting on a parliamentary resolution prohibiting the attendance or participation of politicians or officials conferences in and outside Iraq without the consent of the Iraqi authorities.

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Deputy for the citizen: The next battle requires the return of the work of factories stalled

(Baghdad: al-Furat News) The MP from the mass of citizen Mohammed al-Masoudi, on Monday, that the battle of Iraq next requires the return of the work of government plants stalled.

“There are instructions issued to the local governments not to approve and according to the powers granted to them to promote the transfer of employees of the Ministry of Industry and Minerals to the rest of the ministries to preserve the competencies in them and not to empty, and because the Iraqi industry and only The future vision of both the Iraqi parliament and the federal government is on the verge of a major industrial boom. ”

He added that “the Iraqi industry suffers from several problems trying both the parliament and the government to eliminate or reduce them, including the high cost of production of one commodity compared to competition of foreign goods because of high costs of production, especially with regard to energy, in addition to the financial allocations related to loans Support and facilities for the establishment of Iraqi national industries and the reluctance of the investor to enter the Iraqi market for lack of financial cover and a strong bank protects him.

He pointed out that “the federal government is working on the abolition of the Bramir law on the settlement of the salaries of industry and dependence on the advances granted by the government, and thus deprive workers in this sector of financial allocations and irregular in their salaries and their withdrawal to the ministries that may provide them with these financial resources.”

Masoudi pointed out that “the battle of Iraq next will be in one aspect save hundreds of government factories stalled and return them to the ranks of Arab industry at least.”

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Iraq: Lack of accuracy in statistics confuses business

Baghdad – Journal News A number of specialists attributed the reasons that led to the weakness in the availability of accurate statistics for the trade of services in Iraq to the exceptional circumstances experienced by the country during the past years, which greatly affected the provision of statistical data.

A spokesman for the Ministry of Planning and Development Cooperation, Abdul-Zahra al-Hindawi, told the “Journal News” on Tuesday, “The statistical data on many important joints turned into projects that seek the Central Bureau of Statistics of the Ministry of Planning achieved by the adoption of United Nations organizations, especially data on population and health “But with regard to the commercial aspect,” there are some problems in this sector, especially in the field of trade exchange between Iraq and other countries. ”

On the other hand, the Iraqi economic expert, Majid al-Suri, in a statement to the “Journal News” on Tuesday, that the statistics on the file of international trade in the field of services “exist but suffers from lack of coordination both by the Ministry of Planning and the Ministry of Oil.” A statistic issued by the Ministry of Commerce and the Ministry of Planning in respect of services imported to Iraq while there are no services exported from Iraq. ”

He pointed out that “the confusion in the registration of statistics has a negative impact as it is the basis of scientific analysis and auditing and the development of strategies and auditing and planning and therefore the lack of accuracy on these statistics cause a major imbalance can not be overcome by all specialists in the various fields, whether economic or social.

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Iraqi Dinar/Dollar auction 05-17-17 (most recent listing)

Currency Auctions Announcement No. 3444

This daily currency auction was held in the Central Bank of Iraq on the 05-16-2017

DETAILS	NOTES
Number of banks	36
Number of remittance companies	11
Amount sold at auction price (US$)	159,812,043
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	159,812,043
Total offers for selling (US$)	—–

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

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CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1309.386	1308.731
British pound	GBP	1526.413	1525.650
Canadian dollar	CAD	870.332	869.897
Swiss franc	CHF	1195.960	1195.362
Swedish krona	SEK	134.697	134.630
Norwegian krone	NOK	139.419	139.349
Danish krone	DKK	176.007	175.919
Japanese yen	JPY	10.433	10.427
Special Drawing Rights	SDR	1625.940	1625.127

Indicative rates – 05.17.2017

http://www.cbi.iq

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Dinar Daily NEWS Blog – May 16th

Posted on May 16, 2017 by BGG

مبعوث ترامب يؤكد لبارزاني مساندة وتدريب القوات الامريكية للبيشمركة

Trump envoy assures Barzani and support the training of US forces Peshmerga

Twilight News / met Kurdistan Region President Massoud Barzani at his residence Bmsif Salah al-Din on Monday with Brett Macgork US presidential envoy to the international coalition against Daesh his accompanying author of Douglas Silliman US ambassador to Iraq, and Ken Cross, US Consul delegation in Erbil province and a group of advisers in the US trip in Baghdad

The meeting discussed the situation on the ground in the face of terrorists in Mosul, and the challenges that will follow the post Daesh in Iraq

He Macgork During the meeting, the continued support and military training by US forces for the Peshmerga forces

The meeting shed light on the relations between the Kurdistan region and Baghdad, and the future of the political process in Iraq

On the other side of the meeting, they discussed the political and security affairs in Syria, as well as the elimination of the Daesh plans

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Read more: http://www.dinarupdates.com/observer
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Trump’s Announcement of the Kurdish-Centric Plan to Take Raqqa

Fighters from the Syrian Democratic Forces (SDF) use binoculars from a view point overlooking a northern Syrian town held by ISIS. Photo: AFP

On May 9th, the Trump administration made public its plan to provide the Kurdish-led Syrian Democratic Forces (SDF) with substantial heavy weaponry. The announcement signals Washington’s decision to rely on the SDF, which is dominated by the Kurdish Democratic Union Party (PYD), for the operation to liberate Raqqa from Islamic State (ISIS) control.

Ankara’s reaction to this decision, as it was to the Obama administration’s similar conclusion, will be vociferous. Turkey views, with a good deal of justification, the PYD as the Kurdistan Workers’ Party (PKK) affiliate in Syria. The PKK has been fighting the Turkish state for most of last 33 years. Your humble columnist dearly wishes he could be a fly on the wall listening to the upcoming meeting between Trump and Erdogan on May 16th.

Mr. Trump nonetheless made the only right, and only real, choice for an administration that promised to defeat ISIS in both Iraq and Syria. Going with Turkey for the Raqqa operation would have been a terrible choice. The Turks were never willing to send much of their army to Raqqa, their Free Syrian Army (FSA) proxies are not as good or proven fighters as the Kurds, the Turkish-aligned FSA are less numerous than the SDF/PYD, and in many cases they seem about as Islamist as ISIS. Turkish forces and their proxies would also have been fighting the Kurds all along the way to Raqqa.

Naturally some policy elites in Washington appear intent on second guessing Mr. Trump’s decision on the matter. James Jeffrey, former U.S. ambassador to Turkey and Iraq, argues in an April 10 Foreign Policy Magazine piece that the U.S. should have gone with Turkey on the Raqqa operation. Although this columnist has not seen any evidence for Mr. Jeffrey’s contention that local tribes want a Turkish role in the liberation of Raqqa, the rest of his argument deserves some scrutiny.

Jeffrey argues that by focusing on the short-term tactical goal of destroying ISIS, the Americans are forgetting the more important strategic contest (which he likes to a “great game” of chess) going on in the area: Efforts by Turkey, Israel and other Arab Sunni states to push back against Iranian and Russian attempts to overthrow the regional order in the Levant. Jeffrey’s then goes on to draw a misleadingly simple tradeoff, where Washington can either 1) Fight ISIS without Turkey and let Iran and Russia win the larger game; or 2) Join Turkey against the Iranian-Russian attempt at hegemony in the Levant.

Mr. Jeffrey, like many American and Turkish policy makers, appears unable to see more than a two-dimensional game of chess. He works hard to argue that Turkey is an American ally while the PKK (and its Syrian PYD sister) are proxies of Iran, Assad and Russia. Things are a lot more complicated than that. Sometimes the PKK and these actors cooperate, while at other times they fight each other.

To understand what the Iranians’ and Russians’ three-dimensional chess game looks like, in contrast, one need only ask how Iran, which Jeffrey himself acknowledges to be much less economically and militarily powerful than Turkey, enjoys so much leverage and influence outside its borders? Russia as well, with an economy the size of Australia’s, seems to punch in a foreign influence weight class far beyond its real size and power.

The answer has to do with both Iran and Russia’s complex policies of supporting and working with various actors internationally, adroitly applying patronage and cooperation to maximum effect. Iraqis, for instance, know very well how Iran supports myriad groups in that country including various Shiite parties competing with one another, some Kurdish political parties and even Sunni Arab parties. When Iran thus wants to get something done in Iraq, it has a lot of often mutually hostile groups it can turn to. If something occurs in Iraq that Iran opposes (such as the 2012 no-confidence motion against Prime Minister Maliki), it can use its influence to overthrow the whole process.

If the Americans, either by shrewd design or by accident, are to play a similarly high level of three-dimensional strategic chess in the Levant, they might well start with more support for the PYD at the same time that they remain NATO allies with Turkey. This seems especially wise given Turkey’s own ties with Jihadi groups in Syria and elsewhere (Jeffrey conveniently ignores the question of replacing ISIS with Jabhat al Nusra or Ahrar al Shams, which would hardly offer much of an improvement from the American point of view).

In such a game, why couldn’t the U.S. support the PYD against ISIS and simultaneously oppose Iran? A simple rhetorical flourish might even do the trick: While leaders in Washington have repeatedly stated that American weapons given to the SDF/PYD must not end up in PKK hands or be used against Turkey, they never said anything about such weapons finding their way to the PKK’s Iranian branch, the Kurdistan Free Life Party (PJAK). PJAK, of course, has been fighting a guerrilla war against the government in Tehran since 2004.

This way, Ankara gets to keep supporting Hamas, Jabhat al Nusra (al Qaeda in Syria) and other American friends, while Washington can pursue its own Kurdish friendships outside of Turkey, and both can still pretend to be the best of friends at NATO summits — just like Turkey and Iran pretend to be friends at the Organization of Islamic Cooperation.

David Romano has been a Rudaw columnist since 2010. He holds the Thomas G. Strong Professor of Middle East Politics at Missouri State University and is the author of numerous publications on the Kurds and the Middle East.

The views expressed in this article are those of the author and do not necessarily reflect the position of Rudaw.

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“In America, we don’t worship government. We worship God” – President Trump

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The Central Bank announces the sale of full national bonds

The central bank announced on Tuesday the sale of full national bonds, noting that the receipt of bonds will be announced as soon as they are printed.

“The sale of national bonds has been completed within the second issue on behalf of the Ministry of Finance and the nominal value until May 9,” the bank said in a statement.

The bank said that “the completion of the sale comes to the depletion of all the issuances,” adding that “will be announced receipt of bonds once they are printed.”

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Parliament discusses the third amendment to the law of the provinces

Baghdad / Range The House of Representatives, on Monday, read a report and discuss the draft amendment to the Third Law of Governorates not organized in the territory.

Some MPs said that the third amendment aims to reduce the powers granted by the center to the provinces, while other deputies pointed out that “the amendments do not meet the ambitions of local governments.”

This came during the 34th session held by parliament yesterday, headed by Salim al-Jubouri in the presence of 167 deputies.

The session witnessed interventions of a number of deputies on the (Law of the Third Amendment to the Law of Governorates not organized in the territory), submitted by the Legal Committees, Regions and Governorates.

MP Riad Ghraib stressed the importance of delaying the transfer of powers to the provincial councils until the heads of the councilors and functionally and politically qualify for the provincial councils to deal with marginal matters and internal conflicts at the expense of services, which means a total failure of their work. Positions of responsibility according to job description. ”

In turn, MP Mahdi al-Zubaidi pointed out that “the draft law has not yet met the needs of the provinces,” adding that “the abolition of district councils will lead to a vacuum which requires not to proceed with this step,” calling for “to determine the duration of the complaint filed by members of the provincial councils to the judiciary Administrative “.

The discussions included an intervention by MP Najeeb Najib, who stressed “the need to hold workshops with the concerned parties in order to finalize the draft law, expressing support for the non-abolition of district councils and districts.

To this MP Ammar Tohma, “the need to develop mechanisms and strict controls for the selection of candidates in the provincial councils with the increase of educational achievement from the preparatory to the college candidates for districts and districts.”

In the same context, called MP Abbas al-Bayati to “accelerate the vote on the draft law with the near election entitlements, both in the provincial councils and districts and districts,” suggesting “the formation of councils of districts and districts by the provincial councils instead of elections.”

“The aim of the bill is to reduce the government from the powers granted to local governments, which is contrary to the Constitution in the promotion of decentralization,” MP Hassan Turan, stressing “the refusal of some local governments towards independence.”

MP Ibtisam al-Hilali suggested that the appointment of security chiefs should not be subject to provincial councils to avoid any pressure on their performance.
The Committee stressed “taking into account the views and proposals of the deputies,” stressing that “the Commission is in the process of developing controls and criteria to develop aspects,” noting that “there is a difference between disengagement and transfer Powers “.

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Abadi: The stability of oil prices is important and we support the extension of OPEC’s production cut

“The stability of oil prices is important for us,” Prime Minister Haider al-Abadi said Tuesday. “Iraq, with the reduction of OPEC production to raise prices and increase our resources.”

He pointed out that “Iraq is committed to reduce production of 210 thousand barrels under the OPEC agreement.”

Read more: http://www.dinarupdates.com/showthread.php?49157-Abadi-The-stability-of-oil-prices-is-important-and-we-support-the-extension-of-OPEC
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Abadi: the liberation of Nineveh will be founded to liberate Hawija

Prime Minister Haider al-Abadi said on Tuesday that the liberation of Nineveh province from the control of the Daqash organization will establish for the liberation of Hawija province in Kirkuk province. He pointed out that there is an agreement with the Kurdistan Regional Government on the recent military operations west of Nineveh .

Abadi said during his weekly press conference that “the liberation of Nineveh will establish the liberation of Hawija,” pointing at the same time that “there is an agreement with the Kurdistan Regional Government on the recent operations west of Nineveh .”

“We started a few days ago a military operation north of the north and north of Nukhayb to hunt remnants of terrorists .”

The Joint Operations Command announced on Tuesday that 16,667 terrorists had been killed since the liberation of Mosul, while 89.5 percent of the city’s right-hand areas were liberated .

Abadi said that “the most debt borne by Iraq internal and not external,” pointing out that “the government began to extinguish some of the debt despite the decline in oil prices .”

He added that “Iraq with the continued reduction of oil prices and without this action will collapse prices,” noting that “the volume of spending, despite the reduction is still greater than revenues .”

He added that “the government continues to provide services to citizens despite the lack of imports,” stressing that “it focuses on important projects such as water and sewage allocations less than previous years .”

“The fighting in Mosul must proceed according to a calculated speed,” Abadi said, noting that “our intelligence capabilities have evolved as we run ahead of the enemy now and become exposed to us .”

He added that “we prepare elements calling for a fair trial and invite them to surrender,” pointing out that “political differences help the enemy terrorist operations by spreading confusion and problems .”

He pointed out that “we have uncovered many of the kidnapping cells in Baghdad, linked to armed factions, but these factions disavow them,” referring to “the establishment of a cell of political kidnappings because they need to be treated of another kind .”

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“Iraqi oil”: the process of exporting Kirkuk oil is not clear and beyond the control of the central government

A spokesman for the Iraqi Oil Ministry, Asim Jihad, during his conversation with Roudao correspondent, Mustafa Koran

Read more: http://www.dinarupdates.com/observer/
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Transport announces the opening of a direct air line between Baghdad and Belgrade at the end of this month

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Read more: http://www.dinarupdates.com/observer/
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Iraq Stock Exchange discusses technology solutions in Beirut for its applications

Abdul Salam expected that “the meetings of the conference will witness further discussions and meetings between investment companies and those interested in stock markets.”

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Read more: http://www.dinarupdates.com/observer/
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Parliament votes tomorrow on the proposed law on the operation of the first graduates

(Baghdad: Al-Furat News) The House of Representatives will resume on Tuesday its regular session to vote on two draft laws.

The statement said the meeting included “the report and discussion of the draft law on the residence of foreigners, and the report and discussion of the draft law on delegation of powers.”

______________________________________________________________

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Deputy for the citizen: The next battle requires the return of the work of factories stalled

(Baghdad: al-Furat News) The MP from the mass of citizen Mohammed al-Masoudi, on Monday, that the battle of Iraq next requires the return of the work of government plants stalled.

Masoudi pointed out that “the battle of Iraq next will be in one aspect save hundreds of government factories stalled and return them to the ranks of Arab industry at least.”

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Iraq: Lack of accuracy in statistics confuses business

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Iraqi Dinar/Dollar auction 05-16-17 (most recent listing)

Currency Auctions Announcement No. 3443

This daily currency auction was held in the Central Bank of Iraq on the 05-16-2017

DETAILS	NOTES
Number of banks	38
Number of remittance companies	11
Amount sold at auction price (US$)	169,606,710
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	169,606,710
Total offers for selling (US$)	—–

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

______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1299.085	1298.435
British pound	GBP	1530.675	1529.910
Canadian dollar	CAD	867.972	867.538
Swiss franc	CHF	1186.135	1185.542
Swedish krona	SEK	134.167	134.100
Norwegian krone	NOK	139.201	139.131
Danish krone	DKK	174.621	174.534
Japanese yen	JPY	10.441	10.436
Special Drawing Rights	SDR	1622.506	1621.695

http://www.cbi.iq

Indicative rates – 05.16.2017

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Dinar Daily NEWS Blog – May 15th

Posted on May 15, 2017 by BGG

Fight to retake Mosul in ‘final stages,’ US envoy says

HAMAM AL-ALIL, IRAQ — The fight to retake Mosul from the Islamic State group is approaching its “final stages,” a senior U.S. official said Monday.

Brett McGurk, special presidential envoy for the global coalition against the IS, said Iraqi forces are “completely defeating” IS in one of the most difficult urban battles since World War II. But local Iraqi officials say they will need more funding from the U.S. and others in the international community to rebuild in territory recently retaken from the extremists.

McGurk spoke to The Associated Press from a water treatment plant south of Mosul where Iraqi forces closely backed by the U.S.-led coalition are slowly closing in on the remaining cluster of IS-held neighborhoods in the city’s west.

McGurk’s visit comes a week and a half after U.S.-backed Iraqi forces launched a renewed push on the northwestern edge of Mosul in an effort to encircle the old city where IS fighters are believed to be holding more than 200,000 civilians hostage as shields.

The operation to retake Mosul from the IS was formally launched in October and in January the city’s eastern half was declared “fully liberated.” While the initial weeks of the Mosul operation were marked with a string of swift territorial gains, the fight for the city’s west has devastated infrastructure there and inflicted high civilian casualties.

In March, the U.S. acknowledged its forces launched an airstrike in western Mosul earlier that month that witnesses tell the AP killed more than 100 people. The U.S. has not confirmed that the strike resulted in civilian casualties and the Pentagon is conducting an investigation into the incident.

In a statement on Sunday, a senior Iraqi military commander said government forces launched a new push to drive IS from four neighborhoods in west Mosul.

Lt. Gen. Abdul-Amir Rasheed Yar Allah, said Iraqi special forces were moving to the al-Eraibi and al-Rifaie neighborhoods, while militarized federal police and regular army forces are fighting IS in nearby al-Ektisadieen and 17th of July neighborhoods.

In recent weeks, Iraqi troops have slowly closed in on a small cluster of neighborhoods in the city’s west.

Read more: http://www.dinarupdates.com/showthread.php?49127-Fight-to-retake-Mosul-in-%91final-stages-%92-US-envoy-says

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Kaperoni (Dinar Guru) – Article: “ATMs for MasterCard card users” Quote: “The Ministry of Communications coordinated the establishment of ATM for users of the card (master card) through its outlets in post offices in Baghdad and the provinces.” IMO, these types are articles only tell us currency reform is coming sooner than later.
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Trump’s Announcement of the Kurdish-Centric Plan to Take Raqqa

Fighters from the Syrian Democratic Forces (SDF) use binoculars from a view point overlooking a northern Syrian town held by ISIS. Photo: AFP

The views expressed in this article are those of the author and do not necessarily reflect the position of Rudaw.

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Security forces foil IS attack on military checkpoint in Hama, destroy vehicles in Wadi Uzaib

Hama (SyriaNews.media) Syrian Arab Army forces, on Wednesday, destroyed two vehicles belonging to the Islamic State group in Wadi al-Uzaib area, while foiled an attack on military checkpoints, in eastern Hama, a source told the Syrian News Agency.

The source said that an army battalion engaged in clashes with the Islamic State militants that attacked military checkpoints, in Salmeya area, in eastern Hama.

Security forces managed to foil the attack, after killing several terrorists of the Islamic State and destroying their armed vehicles, the source added.

Meanwhile, army forces also destroyed two vehicles, including an armed one, belonging to the terrorist group, in Wadi al-Uzaib area, east of Salmeya City.

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U.S. to arm Syrian Kurds fighting Islamic State, despite Turkey’s ire

(Reuters) Despite fierce opposition from NATO ally Turkey, U.S. President Donald Trump has approved supplying arms to Kurdish YPG fighters to support an operation to retake the Syrian city of Raqqa from Islamic State, U.S. officials said on Tuesday.

Ankara views the Kurdish YPG militia, fighting within a larger U.S.-backed coalition, as the Syrian extension of the Kurdish PKK militant group, which has fought an insurgency in southeastern Turkey since 1984.

There was no immediate reaction from Turkey, whose president, Tayyip Erdogan, is expected to meet Trump in Washington next week.
The Pentagon immediately sought to stress that it saw arming the Kurdish forces “as necessary to ensure a clear victory” in Raqqa, Islamic State’s de facto capital in Syria and a hub for planning the group’s attacks against the West.

“We are keenly aware of the security concerns of our coalition partner Turkey,” Pentagon spokeswoman Dana White said in a statement as she traveled in Lithuania with defense secretary Jim Mattis.

“We want to reassure the people and government of Turkey that the U.S. is committed to preventing additional security risks and protecting our NATO ally,” White said.
The United States has long directly supplied arms to the Arab components of the so-called Syrian Democratic Forces, which include YPG fighters. White said Washington would still prioritize supplying those Arab fighters within the SDF.

One U.S. official, speaking on condition of anonymity, said the equipment for the Kurdish fighters could include small arms, ammunition, machine guns, armored vehicles and engineering equipment.

Equipment provided to the SDF would be limited, specific to a mission and provided “incrementally as objectives are reached” White said.

STRAIN ON ALLIANCE

The U.S. alliance with Turkey has proven decisive in the battle against Islamic State in Syria, providing the coalition with access to Turkey’s Incirlik air base to wage strikes against the militants, officials say.

Mattis, speaking before the announcement to reporters in Denmark and after talks with coalition members, sounded upbeat about working through tensions with Ankara.
“Our intent is to work with the Turks, alongside one another, to take Raqqa down, and we’re going to sort it out and we’ll figure out how we’re going to do it,” Mattis said.
Mattis called Turkish Defense Minister Fikri Isik on Tuesday, the Pentagon said. It was unclear how Isik responded but the Pentagon said that both “affirmed their support for peace and stability in both Iraq and Syria.”

The decision to arm the Syrian Kurds will likely cast a shadow over Erdogan’s visit to Washington, policy experts said.

“There have been bad episodes in the relationship between the United States and Turkey, but this one is serious because it gets to the heart of Turkish security priorities,” said Bulent Aliriza, director of the Turkey project at the Center for Strategic and International Studies in Washington.

“You’ve now got a question mark over the U.S.-Turkish security relationship that is pretty serious,” Aliriza said.

Ankara had long argued that Washington should switch support for the planned assault on Raqqa from the Kurdish YPG militia to Syrian rebels Turkey has trained and led against Islamic State for the past year.

But the U.S. administration was skeptical that the Turkish-backed force was large enough or sufficiently trained.

White appeared to allude to that conclusion when she said: “The SDF, partnered with enabling support from U.S. and coalition forces, are the only force on the ground that can successfully seize Raqqa in the near future.”

Saleh Muslim, co-chair of the Syrian Kurdish PYD party, the YPG’s political affiliate, said the U.S. decision was expected.

“The Raqqa campaign is running in parallel with the international coalition against terrorism. It’s natural that they would provide weapons” to the SDF and the armed groups fighting as part of it, Muslim said.

In a sign of recent tensions, Turkish warplanes carried out air strikes against Kurdish YPG fighters in northeastern Syria and Iraq’s Sinjar region late last month, killing less than 30 fighters, according to one estimate.

The United States has played down Turkish accusations of links between the YPG and PKK. Ankara believes the YPG’s advances will fuel anti-Kurdish sentiment in predominantly Arab parts of Syria such as Raqqa, and threaten Syria’s territorial integrity.

Read more: http://www.dinarupdates.com/showthread.php?49052-Middle-East-U-S-to-arm-Syrian-Kurds-fighting-Islamic-State-despite-Turkey%92s-ire

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WATCH: Peshmerga win support from US Congress

Tanks belonging to the Kurdistan Region Peshmerga. (Photo: Archive)
Tag : United States Peshmerga US Congress Tom Cole John Carter

WASHINGTON DC, United States (Kurdistan24) – In interviews with Kurdistan24, two Republican Congressman spoke very highly of the Peshmerga.

The role the Peshmerga have played in fighting the Islamic State (IS) has won the Kurds and their aspirations a very sympathetic hearing in Washington.

Tom Cole, who represents Oklahoma’s 4th Congressional District, and John Carter, from Texas’ 31st District, each expressed their deep appreciation.

“They’ve been tremendous. Best troops on the ground, without a doubt,” Cole stated.

“Most reliable ally from the American standpoint. Most dangerous enemy from [IS’] standpoint,” he added.

Carter spoke similarly. “The Kurds have really been stand-up fighters since day one,” he affirmed. “They’ve certainly proven their worth to the fight.”

Both Congressmen sit on the House Appropriations Committee, and both of their districts include major US Army bases: Ft. Sill in Oklahoma and Ft. Hood, the world’s largest military installation, in Texas.

Thus, these two Congressmen pay particular attention to the conflicts in which the US Army is engaged.

One important question involves US plans for its security architecture in the area after IS is defeated as a conventional military force. Should the US continue to maintain a military base in the Kurdistan Region?

Kurdistan24 asked Cole if he would favor such an idea, and the Oklahoma Congressman responded enthusiastically.

“As long as our Kurdish friends support that, and I think they would,” he responded. Cole noted the US had a very positive experience there.

“That’s been an area that we can operate out of stably,” he said, “and frankly, where we’ve got a supportive local population.”

Cole further explained, “The lesson of [IS] is that we left too soon.” We failed to secure our “hard-won victories in Iraq,” he said, “and I hope that we don’t make that mistake again.”

Read more: http://www.dinarupdates.com/showthread.php?48990-WATCH-Peshmerga-win-support-from-US-Congress
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Abadi receives a delegation from the US Congress

(Baghdad: al-Furat News) Prime Minister Haider al-Abadi received on Thursday a delegation from the US Congress.

A statement from the Prime Minister’s office received a delegation from the US Congress, led by Congressman Martha Robbie, in the office of the Prime Minister, who received the congratulations of the Iraqi forces’ victories against gangs, Iraq and the United States of America. ”

During the meeting, the statement stressed the importance of supporting Iraqi women and their role in Iraqi society and building the state

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By the map .. What remains of the occupation of Ayman Mosul and his proportion of the city?

The Joint Operations Command / Military Information Cell published the latest map on the right side of the city of Mosul, and how much space is occupied by terrorist gangs.

According to the map received by the agency of all Iraq [where] a copy of it to “the presence of a caller in 10% of the west side of the city.”

The chief of staff of the Iraqi army, Major General Othman al-Ghanmi, had predicted the end of last month that the liberation of the right side and the liberation of the city of Mosul entirely from the gangs of terrorist preachers before the month of Ramadan next, which ends the month of May.

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Next Monday deadline to vote on the draft law reform guests

House of Representatives postponed on Tuesday in its vote on the draft law reform guests.
According to a parliamentary source told all of Iraq [where] that “the House of Representatives identified on Monday as the deadline for a vote on legislator law

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Today and every day, the state of Israel and her people bear witness to God’s faithfulness as well as their own. – Vice President, Mike Pence

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BGG (Dinar Guru) – Article: “Iraq offers compensation settlement and Kuwaiti debt against investment” Quote: “…the meeting also discussed the file of compensation with the State of Kuwait and ways to settle through the window of investment inside Iraq.“. two separate items talked about – how to pay back Kuwait (not to be confused with) – their eagerness to settle investments inside Iraq? One of the big problems needing dealt with – is they have few mechanisms in place to safe guard investors. Why would the IMF care about Iraqi investors. They don’t – this is referring to OUTSIDE investors. Period. Really good news – entering final talks – it appears.

Read more: http://www.dinarupdates.com/observer/
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Jubouri and his Romanian counterpart sign an agreement of cooperation and exchange of experiences

Speaker of the House of Representatives Salim al-Jubouri signed a joint agreement with his Romanian counterpart Liviu Draganya on Monday to increase understanding on coordination and exchange of experiences.

“The Speaker of the House of Representatives Salim Al-Jubouri met on Monday with the Speaker of the Romanian House of Representatives, Livyu Draganya,” the statement said. “During the meeting, they discussed bilateral relations between the two friendly countries and means of enhancing joint cooperation on all levels. During the meeting signed a memorandum of understanding between the two parliaments conducive to more coordination and cooperation and exchange of experiences.

“The meeting discussed the importance of opening new horizons for cooperation at the parliamentary level. The speaker stressed the need to exchange experiences and improve the performance of the workers in the legislative institution,” he said.

“Parliament is keen to push for further economic and trade cooperation with Romania, In Iraq, especially in the reconstruction of areas liberated from the organization of the terrorist advocate. ”

For his part, Liviu Dragania confirmed his country’s support for Iraq in its fight against terrorism and its readiness to provide support and assistance.

Al-Jubouri arrived in Romania on Saturday on a two-day official visit to meet with officials there to discuss ways to develop and strengthen bilateral relations, especially at the parliamentary level.

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Read more: http://www.dinarupdates.com/observer/
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Iraq Stock Exchange discusses technology solutions in Beirut for its applications

Abdul Salam expected that “the meetings of the conference will witness further discussions and meetings between investment companies and those interested in stock markets.”

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
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Parliament votes tomorrow on the proposed law on the operation of the first graduates

(Baghdad: Al-Furat News) The House of Representatives will resume on Tuesday its regular session to vote on two draft laws.

The statement said the meeting included “the report and discussion of the draft law on the residence of foreigners, and the report and discussion of the draft law on delegation of powers.”

______________________________________________________________

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Deputy for the citizen: The next battle requires the return of the work of factories stalled

(Baghdad: al-Furat News) The MP from the mass of citizen Mohammed al-Masoudi, on Monday, that the battle of Iraq next requires the return of the work of government plants stalled.

Masoudi pointed out that “the battle of Iraq next will be in one aspect save hundreds of government factories stalled and return them to the ranks of Arab industry at least.”

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Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange rate has become 3 or 4 thousand, and perhaps more

Economy News / special – He said the governor of the Central Bank of Iraq on the Keywords to stop selling the dollar through selling currencies in the bank window will lead to the collapse of the Iraqi dinar financial situation in Iraq in general, stressing say that the central bank is obliged to do the job, even refrained from performing the role of the collapsed financial situation in Iraq.

Keywords and said in an interview conducted by the envoy of the agency “Economy News” on the sidelines of the annual conference of the Union of Arab Banks held in Beirut recently Waglguena sale Atarlasubh window Sarsrv Atarmabin 3 and 4 thousand dinars, and perhaps more.

He said the governor also Sndpartya case cancellation window printed currency to trillions of Aldnaniralaracah annually to cover the local need for dinars, will lead to Iraq’s infrastructure to Anhiaralamlh because of inflation, known as Oma cash excessive.

On the prospects of floating Aldenarabraghi, similar to other countries in the region, Keywords said that it is Matrouh sealed now, and we are working on editing currency and not float, a large difference between the two

Keywords denied the existence of the currency auction in the central bank, but the sale of foreign currency window, stressing that the central mediator between the Ministry of Finance and the public is not only.

Turning to the experience of Lebanon and Jordan, in the field of maintaining the stability of their currency, pointing out that the situation in Iraq is different

He noted that the solution in Iraq is to reduce the demand for the dollar through the structure of the Iraqi economy is correct, and not through the sizes for the sale of the dollar.

The governor stressed the central bank sought to settle the salaries of employees in private banks, confirming the existence of a trend for the resettlement of all Iraqi employees’ salaries next year 2017 in the banks.

Welcomed the Governor of the Central Bank of any request to host the House of Representatives, stressing the importance of the meeting with the parliament, on the basis of the fact that monetary policy is the issue of specialty can not be addressed from afar, or through skirmishes and analysis is accurate.

This will be Nherns dialogue with the governor in Aladeddakadm magazine Iraqi banks issued by the Iraqi Association of private banks.

Economy-news.net

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Iraqi Dinar/Dollar auction 05-14-17 (most recent listing)

Currency Auctions Announcement No. 3441

This daily currency auction was held in the Central Bank of Iraq on the 05-14-2017

DETAILS	NOTES
Number of banks	38
Number of remittance companies	11
Amount sold at auction price (US$)	154,656,582
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	154,656,582
Total offers for selling (US$)	—–

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

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CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1285.824	1285.181
British pound	GBP	1526.709	1525.945
Canadian dollar	CAD	863.792	863.360
Swiss franc	CHF	1175.069	1174.482
Swedish krona	SEK	133.527	133.461
Norwegian krone	NOK	137.772	137.703
Danish krone	DKK	172.824	172.738
Japanese yen	JPY	10.372	10.367
Special Drawing Rights	SDR	1616.693	1615.884

http://www.cbi.iq

Indicative rates – 05.14.2017

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Dinar Daily NEWS Blog – May 14th

Posted on May 14, 2017 by BGG

Mosul battle will be finished within days - Iraqi army chief

Mosul battle will be finished within days – Iraqi army chief

Iraqi security forces are only days away from completing the operation to recapture Mosul from ISIS, the BBC quoted army’s chief of staff as saying on Friday.

Lt Gen Othman al-Ghanimi said he hoped the group would be defeated in the city before the Islamic holy month of Ramadan begins on 26 May.

Recent gains in the north meant the remaining militants were being squeezed into an ever smaller area, he added.

Mosul fell to ISIS in 2014 and is its last major urban stronghold in Iraq.

Pro-government forces launched a major offensive to retake the city in October with the support of US-led coalition air strikes.

They managed to take full control of the eastern half of Mosul in January and started an assault on the west the following month.

Fewer than 1,000 militants are now besieged in several north-western districts, including the Old City, along with as many as 450,000 civilians.

“The security forces are carrying out a big and effective effort. I say that ISIS will be finished in days, God willing,” Gen Ghanimi said.

“I say that the rest of Mosul will be liberated before the holy month of Ramadan.”

Read more: http://www.dinarupdates.com/showthread.php?49082-Mosul-battle-will-be-finished-within-days-Iraqi-army-chief
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The return of commercial traffic to the markets of Mosul again

Roudao – Mosul The commercial movement returned to the city of Mosul again, after the restoration of large parts of the organization of the “Islamic State”, and in comparison with the Kurdistan Region and other Iraqi provinces, the prices of food, especially vegetables in the markets of Mosul – which imports from Erbil – less than the likes.

While the price of one kilo of red meat in Mosul is 7 thousand dinars, while the price in Erbil between 12 to 15 thousand dinars, and the price of a kilo of tomatoes in Mosul, 500 dinars at a time when the price more than double in Erbil.

The sellers assert that they take the economic and living conditions of the people and their purchasing power into account, stressing that they are still making profits despite the ascendancy of the prices of their goods.

Mosul markets are overcrowded, although most foodstuffs, especially vegetables and fruits, are imported from Erbil, but are sold half of what is sold there.

According to data from the Ministry of Agriculture in the Kurdistan Region, the local consumption of vegetables in the region of 746 thousand tons and more than 310 thousand tons of fruit, while the domestic production last year 187 thousand tons of vegetables and 54 thousand tons of fruit, while the quantity imported from Vegetables 478 thousand tons and 334 thousand tons of fruits.