Iraqi counterterrorism units launch massive security operation in Mosul

 

DAMASCUS, SYRIA (3:03 A.M.) – Iraqi counterterrorism units launched a massive security operation in Mosul city yesterday aimed at cracking on ISIS cells and hideouts dispersed around the ancient city.

After compiling matching information from several Iraqi intelligence departments, a joint force was established consisting of the Iraqi Intelligence, National Security Department, Hawks Intelligence unit, Military Intelligence, a detachment from the Iraqi Army, and a detachment from the Nineveh Guard to accomplish the assigned mission.

The aforementioned force surrounded all the areas where ISIS cells were reported whether in the houses of the operatives’ relatives or mosques in the districts of Sumer, Al-Wahda, Palestine, and Yaremja arresting 220 wanted figures and deporting them to Baghdad for further interrogation.

 

Moody’s»: to maintain the classification of Iraq with a stable outlook

Dec 07, 2017

MANAMA: Moody’s Investors Service said it has maintained a stable outlook for Iraq with a stable outlook, adding that it has confirmed its long-term risk rating for foreign currency default at BN minus.
Three months ago, Standard & Poor’s affirmed its credit rating for Iraq at B / B minus with a stable outlook, but predicted that a reduction in oil production would affect economic growth in 2017.
Fitch expected Iraq’s oil production and exports to stabilize at high levels next year 2018.
The fall in crude prices since 2014 has had a major impact on the Iraqi economy.
Fitch said that Baghdad’s implementation of an agreement with the International Monetary Fund (IMF) on a three-year demand loan is going slower than planned.
In May 2016, Iraq agreed with the International Monetary Fund (IMF) to lend it $ 5.4 billion in an agreement that could then lead to additional $ 15 billion in international aid in the next three years.

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Iraqi President: Arbil ready for dialogue with Baghdad

 

الرئيس العراقي فؤاد معصوم

ARAB WORLD

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The Iraqi President Fuad Masum, on Wednesday, the readiness of the Kurdistan Regional Government to open a dialogue with Baghdad to resolve all contentious issues.

Baghdad – Sputnik . A presidential statement said that “infallible, visited the head of the National Wisdom Movement Ammar al-Hakim, and discussed with him the political and security developments in the country and the region, and congratulated him to hold the first conference of the stream of national wisdom and the election of his leadership.”“The meeting focused on the need to accelerate the strengthening of confidence between Erbil and Baghdad, and to resolve the differences and work to start a close and constructive brotherly dialogue that ensures reaching agreements that will solve all outstanding problems between the two sides in a manner that guarantees the rights and interests of all citizens on the basis of the principles of the Constitution and the decisions of the Court Federal “.

The two sides stressed the importance of deepening cooperation and understanding between the components of Kirkuk to solve all problems related to the maintenance of administrative, security and economic levels, stressing “the ability of Iraqis to succeed in this regard also and that there is no solution to the differences except dialogue.”

He stressed “the importance of conducting parliamentary elections on time,” calling for “redouble efforts to ensure the return of displaced persons and encourage international support for the plans for the return of displaced persons and the reconstruction of liberated areas.”

And the price, “the will of all Iraqi components to protect and develop the gains and successes of the democratic experiment of the country.”

The President of the Kurdistan Regional Government of Iraq, Nechirvan Barzani, confirmed on November 29, Sherin II reiterated his readiness to initiate dialogue with the federal government, during his meeting with Iraqi President Fuad Masum.

The situation between Baghdad and Erbil intensified after the referendum held by the Kurdistan region on 25 September last, and the referendum commission in the region announced the participation of 72.16 percent in the voting process, 92.73 percent of them agreed to the separation and the formation of an independent state.

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Putin announces “full victory” on the call for eastern Syria

 

2017-12-06T17: 33: 28Z
Russian President Vladimir Putin

Russian President Vladimir Putin
Abu Dhabi – Sky News Arabnews agency quoted the Russian Interfax news agency, on Wednesday, the Russian President, Vladimir Putin, saying that the complete victory achieved on the organization Daesh on the banks of the Euphrates River in Syria.

Putin said the military operation in the area had now been completed and that the focus would shift to a political process that would eventually include presidential and parliamentary elections.

Putin did not say whether he was referring to the whole of Syria or just to the areas around the Euphrates Valley.

Russia supports Syrian government forces and Iranian militias in its battles against Daqash and provides them with an air cover in the east of Deir al-Zour, where armed men still holed up in Daqash.

The Russian intervention helped Syrian forces and Iranian militias recover large areas of Syrian territory from extremist factions as well as from some opposition factions.

Russia announces the elimination of a preacher in Syria

 

– Agencies

Russian President Vladimir Putin announced the crushing of the militants of the “Daqash” on the banks of the Euphrates River in Syria, and stressed the need to move to organize presidential and parliamentary elections in the country.

Putin said in a press statement on Wednesday in the city of Nizhny Novgorod that Russian Defense Minister Sergei Shweigo handed him a couple of hours ago a report confirms the defeat of “a supporter” in the region.

In the second half of this year, the Syrian army and its allies, with the support of the Russian air force, won a large-scale victory in the center and east of the country on the positions of “Daash” militants and managed to expel terrorists from all their main strongholds in the region.

Fitch confirms its credit ratings for Iraq with a stable outlook

Editorial Date: 2017/12/6 19:54 • 9 times read
[Ayn-
Fitch ] Fitch Ratings maintained its Iraq rating at “B-” with a stable outlook.
The agency also confirmed its long-term foreign currency debt default rating at “B-” with a stable outlook.
Fitch predicted Iraq’s oil production and exports would stabilize at high levels in 2018 and assume that the government would allocate similar amounts in the budget to pay the money owed to international oil companies.
She said Iraq’s implementation of a three-year loan agreement with the International Monetary Fund was different and slower than planned.

ERBIL ANNOUNCES ITS READINESS TO HAND OVER BORDER CROSSINGS TO THE GOVERNMENT IN BAGHDAD IN PREPARATION FOR A COMPREHENSIVE DIALOGUE

 

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The Iraqi Kurdistan government announced its readiness to hand over border crossings to the government in Baghdad in preparation for a comprehensive dialogue. 
Sources said that the region needs funds to solve the problems of salaries of employees, and the process of construction and other things, noting that the Kurdistan government wants to hold a dialogue with the government in Baghdad as soon as possible.

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Three million Iraqis will create a bank account over the next two years

6 December, 2017

The Iraqi Private Banks Association announced that about three million Iraqis will establish a bank account over the next two years because of the project to settle salaries of state employees.

The Executive Director of the Association of Private Banks, Ali Tariq, that the project to settle the salaries of public sector employees of important projects that will withdraw funds stored in homes and deposited in the banking sector, which reflects positively on the development movement, adding that about three million Iraqis will establish a bank account during The next two years are working in the public sector to receive their salaries.

The Central Bank of Iraq estimates that money in homes is about 34 trillion dinars, representing more than 70 percent of the currency.

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The Central Bank intends to ask the ministries to use electronic payment in daily transactions

 

Logo of the Central Bank of Iraq
 Banks

Economy News Baghdad:

The Central Bank of Iraq, he fully adopted the process of payment of financial benefits through the electronic payment system, pointing out that the Central Bank will ask the Secretariat of the Council of Ministers to approve the ministries electronic dealings.

The Director of the Information Office, Acer Jabbar in an exclusive interview with “Economy News”, “The Central Bank adopted the methodology of electronic payment in all the benefits and payments of its own, including the committees of procurement, repairs and transportation,” noting that “the process has become a prerequisite for the transfer of funds required for a bank account According to the choice of the beneficiary. “

He noted that “a step towards the transformation of society from paper dealing to electronic dealing.”

He added that “the Central Bank will ask the General Secretariat of the Council of Ministers to adopt the electronic deal as a context in all ministries and state institutions.” He explained that “the aim of this trend is to reduce monetary transactions, which gives transparency for all financial operations that occur in ministries, especially in procurement and processing.

http://economy-news.net/content.php?id=10045

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