Category: Dinar Daddy

Iraq Stock Market Report

Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th Jan 2016).

The RSISX index ended the week at IQD925 (-2.1%) / $960 (-1.3%) (weekly change) (-15.2% and -16.2% YTD change, respectively). The number of week traded shares was 6.5bn and the weekly trading volume was IQD7.1bn ($5.7mn).

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Military Strikes Hit ISIL Terrorists in Syria, Iraq

U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported on Sunday.

Officials reported details of the latest strikes, noting that assessments of results are based on initial reports.

Strikes in Syria

Attack, fighter, and remotely piloted aircraft conducted five strikes in Syria:

Near Hasakah, two strikes struck an ISIL tactical unit and destroyed an ISIL structure and two ISIL fighting positions.
Near Raqqah, one strike destroyed an ISIL crane.
Near Ayn Isa, one strike struck an ISIL tactical unit.
Near Mar’a, one strike struck an ISIL tactical unit.
Strikes in Iraq

Attack, fighter, and remotely piloted aircraft conducted 18 strikes in Iraq, coordinated with and in support of Iraq’s government:

Near Qaim, one strike destroyed an ISIL front-end loader.
Near Habbaniyah, two strikes struck an ISIL tactical unit and destroyed an ISIL mortar position, an ISIL fighting position, and cratered an ISIL-used land bridge.
Near Kirkuk, two strikes struck two separate ISIL tactical units and destroyed an ISIL tunnel.
Near Mosul, four strikes struck two separate ISIL tactical units, and destroyed two ISIL heavy machine guns, two ISIL fighting positions, five ISIL assembly areas, and an ISIL checkpoint.
Near Ramadi, seven strikes struck three separate ISIL tactical units and destroyed an ISIL tactical vehicle, three ISIL fighting positions, an ISIL front-end loader, and denied ISIL access to terrain.
Near Sinjar, one strike struck an ISIL tactical unit and destroyed an ISIL heavy machine gun and an ISIL fighting position.
Near Tal Afar, one strike suppressed an ISIL mortar position.
Task force officials define a strike as one or more kinetic events that occur in roughly the same geographic location to produce a single, sometimes cumulative, effect. Therefore, officials explained, a single aircraft delivering a single weapon against a lone ISIL vehicle is a strike, but so is multiple aircraft delivering dozens of weapons against buildings, vehicles and weapon systems in a compound, for example, having the cumulative effect of making those targets harder or impossible for ISIL to use. Accordingly, officials said, they do not report the number or type of aircraft employed in a strike, the number of munitions dropped in each strike, or the number of individual munition impact points against a target.

Part of Operation Inherent Resolve

The strikes were conducted as part of Operation Inherent Resolve, the operation to eliminate the ISIL terrorist group and the threat they pose to Iraq, Syria, and the wider international community. The destruction of ISIL targets in Syria and Iraq further limits the group’s ability to project terror and conduct operations.

Coalition nations conducting strikes in Iraq include the United States, Australia, Belgium, Canada, Denmark, France, Jordan, the Netherlands and the United Kingdom. Coalition nations conducting strikes in Syria include the United States, Australia, Bahrain, Canada, France, Jordan, Saudi Arabia, Turkey, the United Arab Emirates and the United Kingdom.


Jaafari, Nabih Berri Discuss The Ongoing Developments in The Region

Foreign Minister Ibrahim al-Jaafari discussed in Beirut with Lebanese Parliament Speaker Nabih Berri, the ongoing developments in the region.

A statement of the National Lebanese news Agency quoted Jaafari as saying during the meeting, which was attended by Iraqi Ambassador Ali Al Ameri “we deliberated on a range of issues from developments on the Iraqi and Lebanese arenas or on the Arab and international arena and we raised multiple files, where views were close to matching, confirming the need to spare the region any other hotbeds of tension in the region and reflected on the countries of the world. “

He added that “we emphasis on some hot files, and the views are identical in terms of ensuring the interventions geographical proximity in the affairs of Iraq, and specifically what happened for the Turkish intervention, and we are watching the presidential elections in Lebanon and we hope all the best and overcome the obstacles that stand in the way “./ End


Zebari: Visit of The Provincial Delegation to Baghdad Is An Important Step

MP for the Patriotic Union of Kurdistan, Abdul Bari Zebari confirmed that “the visit of the region’s delegation to Baghdad is an important step to resolve the outstanding problems.”

He told the National Iraqi News Agency / NINA / that “what is going through the country, especially in the economic and financial side circumstance requires everyone to agree on a solution that satisfies all parties and reach to solutions for the financial crisis plaguing the country and the region in particular, and the priority for the delegation will be talks with federal government in addition to the war on Daash terrorist organization.”

Zebari expressed optimism that the talks between the two sides come out with positive results for the welfare of everyone and end the outstanding problems.

It is mentioned that a Kurdish source said yesterday that a delegation from the Kurdistan Regional Government will travel to Baghdad on Sunday, in order to discuss the outstanding issues between the two sides.

The source told the website of the Patriotic Union of Kurdistan, “the delegation, which will be headed by Nechirvan Barzani, head of the provincial government and his deputy, Qubad Talabani, will discuss the export of oil and the general budget of the country,” ./ end


Barzani Receives Saudi Arabia’s Ambassador

President of Kurdistan, Massoud Barzani discussed with the Ambassador of the Kingdom of Saudi Arabia to Iraq, Thamer Sabhan security and political situation in the region.

A statement by the Kurdistan Democratic Party said, “The two sides reviewed the current political and security situation and the latest developments in the region. / End


Political differences are delaying the adoption of the amnesty law

Problems of the General Amnesty Law perched on solutions in the dialectic of long continued without reaching a final version for approval and justice to eligible beneficiaries of the amnesty law and the isolation of non-eligible, between the blood on their hands innocent or detained on spurious charges or who are still languishing in prisons However the trials of what things remain the same ..
Legal Committee attributed in the House of Representatives the survival of the General Amnesty Law «fans of his place» of the differences between the political blocs on those covered by the amnesty of those irresponsible.
He said the Commission’s decision Hassan Turan in a statement singled out by the (morning): The general amnesty law is still stalled because of disagreements blocks on the covers law or not, indicating the possibility of sort of hands are stained with Iraqis who can not be covered by the amnesty with the blood, explaining that among covered by the amnesty of those detained malicious charges as a result of secret informant, pointing to the «presence from spent for years in the prisons of non-trials did not know the reasons for their arrest ». For his part, Deputy Chairman of the Committee Mohsen Saadoun: The« general amnesty of important and unforeseen laws law, a subject of study in the Commission, which formed a committee mini to follow it being needs thorough study »He added In a statement singled out by the (morning) that «the Commission is considering this law in a fair at a time when there are a lot of exceptions and does not include a private criminals who meet the provisions of the Anti-terrorism No. 13 Law for the year 2005, stressing that this law will ensure the rights of the innocent, as well as having included in the law paragraph eliminate the right of any person sentenced alleging torture claim of the judiciary retrial, noting that paragraph retrial for the prosecutor to be tortured necessary within the law. He assured Sadoun all those interested in this subject that the law does not include criminals never particularly those involved in major crimes as martyrs «Spyker» and the martyrs of the bombing of Khan Bani Saad, adding, but many exceptions and position Alganh.omah Sadoun study that there are important and many laws in the Committee is not permitted to delay, noting the existence of a strong will by the masses for approval on the grounds that the differences that existed in the past some of them may still at the moment, especially in the Federal Court Rules and amnesty and the National Guard, saying the Commission should proceed to read the laws and clarify the Presidency and the heads of blocs, pointing out that the efforts being made ​​capable of passing laws is difficult and there is no law on Altmrer.okan House Speaker Saleem al-Jubouri, he had confirmed earlier that the amnesty law would not include those found guilty or was guilty of Arhab.obin Jubouri in response to a question directed by the delegate of the (morning) during a conference former journalist, said that «the general amnesty of the laws that have been agreed upon by the political parties and included in the paper the political agreement law that is a commitment on everyone by endorsing», indicating that the content of the law in general focus Write a review and each his mind, but he also said: But it is everyone’s duty moving toward approval, noting that the problem facing the article, which dealt with the law sometimes are not related to those who been sentenced definitely or proven guilty or was guilty of terrorism, pointing out that as far as the accused languishing in prison for years without finishing the process of investigation about them and identify Are they innocent or not ?! , Stressing that all agreed on the achievement of justice on this partial and there is a long discussion between the blocs to achieve justice and fairness in that.


Kurdistan: We will discuss the application of the budget

It revealed the Kurdistan Alliance MP Ashwaq dry, on Sunday, that the most prominent files to be discussed by the Kurdish delegation with the Baghdad government is the application of the budget and the oil agreement and the elimination of Daash.
Some politicians believe that the percentage (17%), it is not based on the data and the foundations of true and accurate statistics, how to be determined, while the salaries of the Peshmerga, they are not considered part of the Ministry of Defense Armed Forces General.
She’s Dry / scales News /, “The visit has been announced since for quite some time,” pointing out that “the files to be addressed by the delegation headed by Nechirvan Barzani is the larger of joint cooperation for the elimination of the terrorist organization Daash”.
She dry, that “will discuss the mechanism of implementation of the Iraqi state budget which includes dues Peshmerga and accruals farmers for the years 2014 and 2015, as well as the oil agreement, which became part of the federal budget for fiscal year 2016,” pointing out that “all those files will be discussed during the visit of a delegation Government of the Territory to Baghdad and dialogue at the negotiating table. “
Dry and stressed that “the extent of cooperation between the two governments in overcoming obstacles depends on the extent to which both sides of the law and the Constitution,” adding that “the” where there is no policy forecasts and now talk going on in the commitment of both parties in the commitments.
The previously announced the arrival of the delegation of the Kurdistan region, headed by Nechirvan Barzani, on Sunday, to Baghdad to meet with the central government, according to the source, a government source told L / scales News / for meetings and consultations on issues and problems of relationship between Baghdad and Erbil. “Ended 29 / P 40


Canadian PM: We will stop air raids against Daash

The Canadian Prime Minister Justin Trudeau announced that his country would stop its air strikes against the terrorist organization Daash which was carried out as part of the international coalition operations against the organization.

He said in an interview with TV Channel / CNN / Arabic: “Canada knows that we need to an international unified response in the war on terrorism, and Canada have an important role both on the humanitarian level or with respect to the refugee file, and at the military level as well, and we are continuing and are committed militarily in being part of the international coalition against Daash “.

He added : we have to end our role in our air strikes in exchange for another military role probably centered on training and other things that can help local forces in the battle against the terrorist organization Daash, and the logic behind this is that Canada, like other countries have to consider the things that it can see through it to provide better assistance./End