Barzani Carter: Peshmerga completed the tasks entrusted to it to fight terrorism

 

History of edits:: 12.12.2016 0:06164 visits readable
[Wayne – Baghdad]
The head of the Kurdistan region , Massoud Barzani, during a meeting with US Secretary of Defense Ashton Carter, Sunday, that the Peshmerga forces, completed the tasks entrusted to it to fight terrorism.
A statement by the presidency of the region, seen by all of Iraq [where], that Barzani “met with US Secretary of Defense Ashton Carter, accompanying him, which included all of the Assistant Secretary of Defense Oalisa Slotkin, the US ambassador to Iraq , Douglas Silliman, and the commander of US forces in Iraq and the delegation Gen. Townsend and a number of officials and advisers at the US Department of defense, were discussed developments in the field, and developments in the war on Daesh, cooperation and coordination between the Peshmerga and the Iraqi army in Mosul frame editing process. ”
The statement pointed out that ” the US defense secretary expressed his thanks and gratitude to Barzani, but the Peshmerga forces, for their leadership war on Daesh, and get them into huge losses,” praising the “coordination and joint action between the President of the Kurdistan region ,Massoud Barzani, Prime Minister Haider al – Abadi, resulting from the coordination between theforces Peshmerga forces [security] and achieve big victories Daesh. ”
Carter said, according to the statement, ” The American people support the Peshmerga forces and theprocess of eliminating Daesh,” he said , adding that ” the United States is committed to Batvakietha with the Peshmerga forces in the field of military and financial support.”
For his part, the President of the Kurdistan region thanks to US President and Vice President and Minister of Defense and the American people, for their continued support to the people of Kurdistan and they face terrorism, pointing out that “Peshmerga forces have completed all the tasks entrusted to it to fight terrorism successfully” .bhsp what is stated in the statement.
He noted Barzani during the meeting, to the seriousness of the terrorist Daesh and thought on life and humanity, stressing the importance of the role and prestige of the United States on a global level, and the need for the continuation of Washington in carrying out its responsibilities in theprotection of freedom and values.
The US Secretary of Defense Ashton Carter, arrived today on a surprise visit to Baghdad and met withPrime Minister Haider al – Abadi, the new Carter ‘s support of his country and the international community for Iraq in its war against terrorism and their continued support to bring stability to theliberated areas, blessed victories achieved in Mosul, praising the professionalism troops security and courage.

Advertisement

US Secretary of Defense from Arbil: Batvakietna are committed with the Peshmerga forces

 

By Ziad alHaidari 4 hours ago
وزير الدفاع الامريكي من اربيل:ملتزمون بإتفاقياتنا مع قوات البيشمركة
US Secretary of Defense from Arbil: Batvakietna are committed with the Peshmerga forces

Roudao – Erbil

Head of the Kurdistan region, Massoud Barzani, on Sunday, theUS defense secretary, Ashton Carter, and his accompanying delegation, which included all of the Assistant Secretary ofDefense Oalisa Slotkin, the US ambassador to Iraq , Douglas Silliman, the commander of US forces in Iraq , General Townsend and a number of officials and advisers in the US Department of defense. Field developments, and developments in the war on Daesh, cooperation and coordination between the Peshmerga and the Iraqi army forces in the context of liberalization of Mosul process.

This came in a statement by the Presidency of the Kurdistan Region, Roudao Media Network received a copy of it, where the statement pointed out that he discussed developments in the war on Daesh, and the conduct of operations and coordination between the Peshmerga and the Iraqi army forces.

The statement said that US Secretary of Defense has expressed his thanks and gratitude to Barzani, but the Peshmerga forces, for their leadership war on Daesh, and placed heavy casualties, valuing coordination and joint action between the President of the Kurdistan region, Massoud Barzani, Iraqi Prime Minister Haider al-Abadi, resulting from the coordination between the Peshmerga forces Iraqi forces and achieve big victories Daesh.

 

https://translate.google.com/translate?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=ar&u=http://www.faceiraq.net/inews.php%3Fid%3D5295104

How some investors are taking the ‘long view’ of Iraq despite war

 

 

29 Mins Ago

Iraq's Oil Minister Jabar Ali al-Luaibi arrives at a hotel ahead of a meeting of OPEC oil ministers in Vienna, Austria, November 28, 2016.

Heinz-Peter Bader | Reuters
Iraq’s Oil Minister Jabar Ali al-Luaibi arrives at a hotel ahead of a meeting of OPEC oil ministers in Vienna, Austria, November 28, 2016.

As Iraq’s government battles against terrorists, a few investors aren’t entirely deterred from seeing opportunities in the war-weary country, which has yet to ascend to formal emerging market status. Some are taking a “long view” that calibrates inherent risks against potential opportunities.

Iraq is gradually emerging from a brutal two-year economic downturn, coupled with a bloody conflict with ISIS conflict and still percolating civil strife that has wreaked havoc on its infrastructure and institutions. Last month, one investor told CNBC a full-fledged economic revival would take at least a decade to come to fruition.

Yet a 2105 State Department report noted Iraq’s “long term potential” for U.S. investors, largely based on its status as the world’s fifth largest repository of oil reserves and massive reconstruction and infrastructure development needs. “U.S. companies have opportunities to invest in security, energy, environment, construction, healthcare, agriculture, and infrastructure sectors,” the report said, noting Iraq’s voracious import demand needs.

Meanwhile, a few experts point to the oil rich country’s vast natural resources, and a youthful and growing population that provides it with the manpower to achieve stability—eventually. Along with a growth rate predicted to top 7 percent this year, Iraq’s underlying fundamentals make it a golden opportunity for investors brave enough to look beyond the sound and fury. So where might crafty investors place their faith—and funds?

“Two major themes will drive Iraq’s revival over the immediate and long term,” Ahmed Tabaqchali, chief investment officer of the Iraq Fund at Hong Kong-based Asia Frontier Capital told CNBC recently. The firm specializes in frontier and exotic investments.

Tabaqchali explained that rebuilding with the country’s booming population in mind should help drive growth.

“Wholesale infrastructure, careful rebuilding of the economy and reconstruction of ISIS-liberated areas are key,” he told CNBC in an interview from London, as will consumer consumption. “Iraq’s young population is hungry to catch up with the rest of the world after all the years of conflict,” he added.

Phototreat | iStock/360 | Getty Images

As it stands, the stock market isn’t an ideal place to park money, Tabaqchali added, citing figures that show less than 20 percent of Iraq’s population holds an active bank account. Credit to the private sector currently stands at around 6.8 percent of 2014 growth, the fund manager said—which could benefit from the adoption of the “banking culture” that exists in more developed nations.

As the fog of war dissipates, telecommunications, mobile and Internet also stand to benefit, Tabaqchali added.

First, the war-torn country must guard its assets against terror and collateral damage, said Asha Mehta, lead portfolio manager of Acadian Asset Management, which holds around $70 billion under management) in developing market assets.

Currently, Iraq lacks a formal financial custodian that can hold funds. Without confidence that invested capital will be returned—and because Iraqi markets are generally illiquid—direct investment opportunities are limited for most investors.

However, Mehta points to recent positive developments that can ease investor concerns, including a financial lifeline from the International Monetary Fund, rising commodity prices and strong growth. Just this week, the IMF completed a review of a more than $5 billion tranche of funding that will immediately free up around $618 million.

It all creates what Mehta called “bottom up opportunities …[in] a volatile market.” The long-view requires not only patience, but a solid time horizon tied to real progress on the social front.

“Returns may be sentiment driven, so even thinly traded markets such as Iraq have the potential to boast strong returns. For example, progress on the military front in Iraq could be a catalyst for market level returns,” said Mehta.

http://www.cnbc.com/2016/12/11/how-some-investors-are-taking-the-long-view-of-iraq-despite-war.html

Economists and lawmakers are looking launch Contractors bonds File

 

 

Discussed a number of economists Iraqis and the House of Representatives, firing Contractors bonds and the private sector file
Ibrahim al-Baghdadi, head of the Iraqi Economic Council, opened the symposium by pointing out that “there are demonstrations have been expressed in a healthy and civilized in front of the Ministry of Finance carried out by contractors and handed over their applications to the Deputy Minister of Finance and President of the BSA.”
He spoke MP Haitham al-Jubouri, noting that the general budget for 2017 “is the best as we can take it out of what Thoudy economic admission and had some of the texts in which the Maatmthelh first step to expand some of the points where there was a productive meeting with businessmen from the Iraqi Economic Council and the Union of businessmen and the Union of Industrialists and the Union of Iraqi contractors Iraqi Institute for economic reform has been listening to the ideas circulating in the participant’s head in order to put them in the budget We have made a great effort to get the consensus of the political blocs and to meet the requests received from the provinces. “
He pointed out that “there is a lot of pressure and without a real study of the Iraqi crisis, but we reached a final version after continuous efforts to work on up to 15 hours without vacations.”
“After discussion with the Prime Minister and the government have been put credit ceiling for the private sector by the government to be borrowing and for the purpose of development projects.”
“We can not borrow from abroad because they are determined by special laws and the government must ensure that the private sector have a lot of companies have a partnership with the private sector, but the Customs and Tax Authority demanded payment of customs dues and pay the taxes.”
He also pointed out that “there is an exemption for raw materials and components imported for the purpose of activating the work with production companies.”
He said: “We give priority to the ministries to buy products like the private sector to the public sector.”
As for the law to protect the local product Jubouri said, “We asked the Ministry of Trade Import Alert status table for the purpose of preventing the importation of similar substances of the domestic product.”
He said given the conservative and maintain the power to take steps to participate with the private sector and only with the approval of the provincial council as well as business members and contractors who have the money at the state of the delay penalties “past to say” this was the case in the years 2015 and 2016 and this year we have given cover legislation by the House of Representatives. “
With Abdul-Jabbar Abadi, a member of the parliamentary finance committee, said he “would not be possible to reach a final version of the budget law if it stuck to each person in his opinion, because represents political orientations for its mass and there are a lot of things were in dispute, such as entitlements region and the provinces and the popular crowd and provinces that have seen military operations. “
“There is a percentage of completed projects, 75% and above in the case of verification in the completion of these projects are entitled to the health sector, education, education in the private sector invested with the condition that is within its jurisdiction.”
Abdel Karim said Capt member of the Committee of Economy and Investment parliamentary “became the trend is clear in the state in the executive and legislative sides in support of the private sector as well as local product support by forcing ministries to buy local product, whether from the public or the private sector.”
Ibrahim al-Baghdadi, head of the Iraqi Economic Council stressed that farmers and contractors dues were registered on the deficit as the government pay dues from previous years in the general budget and there is a proposal to the Cabinet by firing a supplemental budget in the coming year if oil prices continue at these rates.
While Dr. Salah Nouri al-chairman of the Financial Audit Bureau, stated that “there is interest from the Iraqi government entitlements Contractors and has commitments and agreements with the International Monetary Fund for the purpose of deficit budgets for the next three years, 2017 and 2018 and 2019 and in liabilities over the seriousness of the Iraqi government to pay dues shows for contractors and farmers have been start giving loans to Iraq has paid contractors and farmers dues after a detailed audit by the Supreme audit audited 6757 treatment of dues Contractors (Aldhirah) has been completed in 2115 treated in all provinces were reporting and the Ministry of planning to do so. “
“There are 1405 Treatment checked out the shortcomings of either the accounting records or incomplete documents or other mistakes sporadic, Kurod company name registered in the Ministry of Planning and differs from the company name in a transaction to pay off the dues and others.”
“If it is not approved, the government budget disbursement method will be under the principle of one twelfth of the budget.”
He went on to say, “We have approved the 2017 budget and within the budget 75 allocations trillion customized counterbalance operational and 25 trillion dinars of investment budget has been Iraq in the recent past Iatmdaly export of many agricultural crops. In 1957 Iraq had issued a lot of these products. Now, Iraq is importing country that must rely on agriculture and industry to develop and fill the consumer need for citizens and the mitigation of import. “
For his part, Walid Eidi central bank adviser said the central bank, which has the honor as the idea of a bond-funded and oversees the implementation by the three State-owned banks, the central bank is ready with his cadres that have been placement of the subject.
“I will not be late to have any treatment, but we will work to be done if the bond exchange and arrival lists all smooth and easy and transparent. Then he spoke after Mr. Iyad al-Azzawi representative of the Trade Bank of Iraq.”
He pointed out that the bank has developed a streamlined and concise is very mechanism for scrutiny and exchange transactions “if the transaction without errors, they acted on the same day and within hours if the late submission of the contractor about twelve o’clock noon, they acted on the second day in the morning, and we will open a current account for the company at the bank to deposit the amount in the company’s account to behave however you like doing it her money. “
Speaking luxury Snava head of Iraqi contractors gathered wondering is there a date for the reimbursement of contractors and the contractors who cause delay paying dues.
He asked my spirit Araji prime contractors Karbala Union “Why not be a payment of the remaining dues in 2017 in cash rather than bonds because bonds since the period of 6 months unfinished We have asked the Ministry of Finance to give urgent impetus because Contractors situation has reached a critical stage Voktherhm Aimitlkon daily expense.”

 

US defense secretary to visit Qayyarah base near Mosul

 

THE WORLDLast Updated hours ago and 26 minutes.
وزير الدفاع الأمريكي يزور قاعدة القيارة قرب الموصل

Atlanta, United States (CNN) – The US defense secretary, Ashton Carter, asurprise visit to the base , “Qayyarah” air near Mosul on Sunday, becoming the US official highest level, who visited the outskirts of the city which is waging the Iraqi forces raging war against al ” Daesh. “

The base “Qayyarah,” is home to American military advisers and is the nearest location of US forces from the Battle of Mosul. He described the high-ranking official in the US Department of Defense (Pentagon) Al-Qaeda as a “starting point for a campaign against Mosul.”

Military analysts say that “Qayyarah” base and airstrip planes are crucial to efforts to restore Mosul because of the proximity of the city.

The “Qayyarah” headquarters for hundreds of American military advisers, which provide assistance to Iraqi forces. The rule is also the site that the Iraqi government oversees him to lead the troops involved in the operation of Mosul.

Said Patrick Martin, from the Institute of ” the Study of War” (based in Washington), network CNN: “(The Qayyarah base) are very important to the success of the Iraqi security forces in Mosul, as the process is a logistics center in the vicinity of Mosul.”

He said the Pentagon press secretary, Peter Cook, in a statement, said that Carter is visiting Iraq to thank US elements and participating in the coalition and Iraqi forces that contribute to the battle of Mosul’s efforts, and he will inspect “the major sites that directly support the battle of Mosul.”

Carter will also discuss with Iraqi Prime Minister Haider al-Abadi, the head of the Kurdistan Regional Government, Massoud Barzani, the next steps in the war.

https://translate.google.com/translate?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=ar&u=http://www.faceiraq.net/inews.php%3Fid%3D5294904

Parliamentary Energy: oil agreement will raise the price of oil to $ 60

 

History of edits:: 12/11/2016 13:2278 visits readable
[Where – special]
confirmed to the Oil and Energy Committee in Parliament, said on Sunday that “oil – producing countries agreed Petroleum [OPEC] will contribute to the recovery of oil prices to $ 60.
Committee Chairman Erez Abdullah told all of Iraq [where] that ” the oil agreement would have apositive impact on the economic situation in Iraq, through the recovery of the economic situation and rising oil prices and therefore accrue to the general situation of the country in the affirmative.”
And between Abdullah said ” the initial readings and estimates indicate that oil prices will go up to $ 60 a barrel , according rebounds general economic organizations and oil ministers of the countries.”
The reach of the oil producers within the Organization of Petroleum Exporting Countries [OPEC] and beyond, to the first joint agreement since 2001 to restrict the production of crude and ease oversupply in the market.

 

 

Jordan gets a $ 250 million soft loan from the World Bank

 

History of edits:: 12/11/2016 22:2613 visits readable
[Wayne – Follow – up]
Jordan signed Sunday, a soft loan with the World Bank US $ 250 million earmarked for reforms in thesectors of water and energy agreement.
The Minister of Planning and International Cooperation of Jordan Imad Fakhoury, after the signing ceremony in the Jordanian capital that the loan is aimed at improving the financial viability of thesectors of water, electricity and increase the gains as a result of efficiency in work sectors.
Fakhouri added that, loan [programmatic development policy to reform the sectors of water and energy] is the second granted by the World Bank in nearly a year, bringing the total loans to $ 500 million at a time when Jordan is suffering from a lot of pressure on the infrastructure as a result of ameeting with a large number of Syrian refugees.
He said, the loan will support the Jordanian government ‘s efforts and enhance the existing resources of surface water management to meet the needs of drinking water to coincide with theallocation of more sewage flows treatment for farmers and industry to support economic growth and reduce the over-extraction of groundwater.
For his part, the World Bank’s Middle East director Farid Belhaj continued full support of the World Bank to Jordan , indicating the commitment of the bank group through the various windows and tools to continue the support of the international community ‘s efforts to mitigate the effects of theSyrian crisis on Jordan.
Belhadj also stressed Jordan ‘s support in its quest to transform this great economic and development challenge is to translate the results of development opportunity resulting from the London donor conference , which was held in February and support the development priorities of the Government within the Executive Development Program 2016-2018.

House to House: The painstaking process of sweeping ISIS from Mosul

 

(CNN)Wrapped in a blanket and wearing pink sandals, a little girl sobs in fear as she walks down the street, gunfire blasting at the end of the road.

Confused, she turns around and covers her face with the blanket.
At that moment, a soldier from Iraq’s elite special forces the Golden Brigade rushes forward to help — “don’t cry,” he says, as he guides her to safer ground.
The girl—who looks little more than 10 —is followed by her younger sister and mother, who also holds a baby in her arms. The family is one of many fleeing this neighborhood in eastern Mosul as the Golden Brigade fights street by street, house by house, to drive out ISIS.
An Iraqi soldier tells people to gather for aid distribution on December 8.

As the battle for Mosul enters its third month, the Iraqi military’s rapid advances over open territory in the initial weeks have been replaced by a slow, hard slog.
Iraqi forces have so far managed to drive the terror group out of 30% of the city and officials are no longer predicting an end to ISIS by the end of the year.
The grueling battle for Mosul continues 04:21
This has been a battle hard fought, in which Iraqi troops must painstakingly go through each house to make sure danger does not lie within. Awaiting them could be an ambush, explosive, or anxious family huddled inside.
Their task is further complicated by the presence of hundreds of thousands of civilians still in the city.
In the weeks before the offensive began in mid-October, the Iraqi army dropped millions of leaflets over Mosul urging residents not to flee their homes if they felt safe, to cooperate with pro-government forces and to provide information via a toll-free telephone number.
Tens of thousands did flee — but many more have stayed in their homes.
 A soldier from the Mosul Brigade of the Iraqi forces operates a drone on December 5.

One young man shares with an Iraqi commander the footage he shot on his cell phone of ISIS positions in his street. The commander — who gives his name only as “Mohammed”– then calls in the coordinates.
Moments later, Mohammed says his men “killed one Da’ish” — using the common term for ISIS. “Now the situation is good,” he adds.

A warm welcome?

Residents of eastern Mosul appear to have welcomed government forces, greeting them with kisses and embraces.
One young man even prepared a poem for their arrival, full of praise for the army and curses for ISIS.
Meanwhile, bicycle repairman Yasir has a more nuanced view of life under ISIS rule.
“Life was normal,” he says. “They imposed upon us how we should shave, how we should dress. If you conformed it was fine, but if you didn’t they whipped you.”
“I’m not afraid of the army and I wasn’t afraid of ISIS. Both have laws. If you follow them you won’t have any problems — 50% of the people in Mosul don’t have a problem with ISIS,” he added.

The unravelling of ISIS

ISIS was able to seize control of Mosul in June 2014 in a matter of hours from a much larger government force, aided and initially applauded by many residents who were weary of the heavy-handed Baghdad government.
But support for ISIS eroded as its draconian rule sank in. The group dished out harsh punishments for minor infringements such as smoking, seized the property of minorities, anddestroyed ancient sites and monuments.
In the end ISIS could promise little other than endless war against the world, a harsh life of ideological purity and complete isolation, and a world view focused on the apocalypse.

What they left behind

Among the houses in one east Mosul neighborhood, Iraqi troops discover a training center for fighters, the walls covered in diagrams of assault rifles and hand grenades.
Most of the recruits “were between the ages of 12 and 14,” explains an officer.
Loaves of bread are still on the counter in the kitchen. They must have left in a hurry.
Iraqi soldiers eat in a house  in the Entisar neighborhood of Mosul last month.

For now, the authorities are struggling to provide the basics. One health care center is up and running, but it’s not enough says its doctor Abdallah Ismail.
“We have many patients with renal failure, chronic disease, Leukemia — and we have no hospital for treatment of such cases,” he said.
On the outskirts of the city the relief effort is ongoing. Workers hand out crates filled with bottles of water and plastic bags with essential items such as food, blankets and clothing.
A displaced Iraqi man and child ask for help as a British charity distributes food on December 4.

“I am from Mosul, I’m Christian,” says one volunteer Ma’an ‘Ajaj . “I decided to help my friends, my brothers from Mosul after Da’ish leave it.”
He hands a crate of water to a young child who responds with a smile before walking away arms filled with about a dozen bottles.
The process of healing in Mosul could take a very long time — but there is hope.

OPEC to reach the world’s first oil deal since 2001

 

Continue …

Reach oil producers within the Organization of Petroleum Exporting Countries (OPEC) and beyond, to the first joint agreement since 2001 to restrict the production of crude and ease oversupply in the market.
The agreement came after the continued low prices for over two years, which put pressure on the budgets of many countries and triggered unrest in some of them.
With the signing of the agreement finally after nearly a year of deliberations within OPEC and the state of lack of confidence in Russia’s desire for a non-member organization to participate market focus now turns to abide by the agreement.
Russia is expected to implement a genuine reduction in production, but analysts wonder whether a lot of other producers from outside OPEC are trying to provide the natural decline in production as a contribution to them in the agreement.
He said Mohammed Barkindo, Secretary General of OPEC, told reporters ahead of the talks, “This is a historic very meeting, will strengthen the global economy and help some of the members of the Organisation for Economic Co-operation and Development in achieving the target inflation countries,” and includes Organization for Economic Cooperation and Development Most of the richest economies in the world.
OPEC agreed last week to cut output by 1.2 million bpd from January, reaching the size of the contribution of Saudi Arabia in that reduction 486 thousand barrels per day.
And independent producers agreed Saturday to reduce production by 562 thousand barrels per day, slightly less than the size that was targeted initially amounting to 600 thousand barrels per day, said two sources in OPEC.
Said Gary Ross, a veteran observer of OPEC and founder of PIRA Energy Consulting “all of whom have the highest prices and the commitment tends to be good in the early stages, but then with the continued high prices erode compliance.”
He added that producers are not members of OPEC also made the largest contribution we’ve seen at all, and expressed his belief that Russia would reduce production by 300 thousand barrels per day, in line with its commitments.
Ross said that the OPEC target price of oil at $ 60 a barrel because any price above that could encourage competitors on production.
Said Amartya Sen of Energy Advisory Aspkedz “Compared to the past two Balchehrin when expectations were quickly diminishing in reaching an agreement, this is a major shift, skeptics will argue about the commitment but can not be underestimated Avatar in itself.”
Ross added that the OPEC target price of oil at $ 60 a barrel because any price above that could encourage competitors on production.