ARTICLES FOR 09-01-2014

[TBomb]

Pentagon: 120 American raid in Iraq since the eighth of father

6:53: 09/01/2014

 

Khandan - The Defense Department, said that the total air raids launched by American planes in zones in Iraq since the eighth of last August reached 120 raid, pointing out fresh raids launched on Sunday near the city of Amerli Mosul Dam. said the Pentagon said in a statement, said that the fighter jets and American bombers launched fresh raids against elements of the organization "Daash" in Iraq in two locations, one near Amerli and the second near the Mosul Dam, in northern Iraq.explained (the Pentagon) in the statement that the raid near Amerli, "resulted in the damage of a tank to regulate Daash, while resulted in the raid near Mosul Dam for the destruction of an armored vehicle, "pointing out that" all aircraft departed the area safely raid. "

 

http://www.xendan.org/arabic/drejaA.aspx?=hewal&jmara=1549&Jor=2

 

LINK TO THREAD FOR 08-31-2014: http://dinarvets.com/forums/index.php?/topic/185573-articles-for-08-31-2014/page-2#entry1425198

 

 

01/09/2014 (00:01 pm)  

Resumption of work at the Rafidain Bank in London within the Paris Club Adjustments

 

2014/09/01 

Resuming work in the Rafidain Bank in London under the Paris Club adjustments

 

Baghdad/Ibrahim Ibrahim

 

Economists welcomed the reopening of the Rafidain Bank in London after working for 24 years, noting that the expansion of trade cooperation between Baghdad and the rest of the world has become an urgent need at the present time, demanding similar action in other States.

 

 

The Economist said the appearance of Mohammed Saleh in an interview for "the range", to "reopen the Rafidain Bank branch in London is an important step for trade and economic integration with international financial markets which represent the United Kingdom in the world's largest" status.

 

"The events following the invasion of Kuwait by the former regime has cost Iraq a lot, including the closure of Rafidain Bank in London for a resolutions freeze all stock including balances and public companies which prompted creditors legal proceedings to demand their money back."

 

The former adviser at the Central Bank that the previous period saw the settlement of debts by the Paris Club decisions that supported the Iraqi economy and private banking institutions and the Rafidain Bank to its history in the banking and financial transactions ".

 

The presence of the Bank in London, deepening trade and investment ties between Iraq and United Kingdom is opening a glimmer of hope for big expansion in various global markets. "

 

"The Iraqi State banks open branches in most European countries and particularly in the city of Frankfurt in Germany and Paris in addition to China, one of the major economies in the world and there is an annual plan for the Central Bank to open a branch in every year but unfortunately not activated for many reasons."

 

He pointed out that "the opening of bank branches is a reporter without the need for another broker costs a lot of money in addition to the development of the banking sector and trade in both private and Government from Baghdad to the European countries."

 

He noted that "there is an urgent need to provide the correct foundations in the process of opening bank branches by setting the talent and expertise of those qualities English language fluently and follow international standards, including transparency and the application of general accounting systems and global banking rules".

Economist, said Abbas Al-bahadili said in an interview for "term" that "Rafidain Bank is a prestigious international banks in the region and the world as a scientifically based process created during long years."

 

"The Decade of the 1990s of the last century as a result of decisions Iraq attributed the economic strides back and delayed Iraqi financial and banking institutions to catch up with global developments, which included all financial trading process in joints detail."

 

Al-bahadili said that "the closure of Rafidain Bank branch in London denied for nearly 24 years, deprived Iraq of continuing development by continuing friction with global financial institutions in the United Kingdom, which is the oldest global financial markets".

 

The "duty of Iraq requires banking institutions to open more than 10 branches of various banks in some European countries to coordinate banking and gain experience on the other hand add to short-circuit a lot of routine and expensive steps financially to develop different intermediaries in banking and financial exchanges between Iraq and the world."

 

Announced its intention to Rafidain Bank opening branch and resume its activity in London after settlement of all debts incurred by the United Kingdom.

The Director of the Bank in the name of Kamal Al-Hassani in a statement "the range", a copy of the Rafidain Bank branch in London, and is the first bank in Europe, was founded in 1952 and has a prominent role in the performance of banking outside Iraq.

 

The General management of the Bank the repayment of debts to the United Kingdom and is making great efforts to restore its presence and resume bank.

Al-Hasani said that the British side expressed its readiness to study the restoration section of the modern window to exchange trade and bank transactions with Iraq.

 

Rafidain Bank was stressed to pay pensioners living outside Iraq with the e-card.

 

The Director of the Bank in the name of Kamal Al-Hassani in a previous statement, that the Rafidain Bank and through his tireless seeking pay living outside Iraq with the e-card, ensuring ease of use of the card at any ATM of any foreign bank.

 

The Rafidain Bank established under Act No. 33 of 1941 and bash t in 1941 with a paid-up capital of 50,000 Iraqi dinar.

 

The Bank passed several stages during his career was the first historical presence as the first National Bank commercial banking is practiced among many foreign banks.

And began the gradual expansion into Iraq and then over multiple stages of integration began in 1964 included commercial banks operating in Iraq where they were in 1974, consolidated with the Rafidain Bank, which became the only commercial bank in Iraq.

 

In 1998, the Bank has seen new development is its transformation into a public company owned by the State in full in accordance with the provisions of the General Companies Act No. 22 of 97 to support the national economy in the area of commercial banking and investment funds and provide funding for various sectors in accordance with the development plans and within the framework of economic and financial policies of the State.

 

The number of bank branches currently 147 branches inside Iraq add to (8) branches in some cities a sawmill in Arabic are: Cairo,

 

http://www.almadapaper.net/ar/news/470827/%D8%A7%D8%B3%D8%AA%D8%A6%D9%86%D8%A7%D9%81-%D8%A7%D9%84%D8%B9%D9%85%D9%84-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1%D9%81-%D8%A7%D9%84%D8%B1%D8%A7%D9%81%D8%AF%D9%8A%D9%86-%D8%A8%D9%84%D9%86%D8%AF%D9%86-%D8%B6%D9%85%D9%86

 

 

Kurdish Forces Kill IS Leader, Capture Dozens of MilitantsBy RUDAW 8 hours ago

 

KIRKUK, Kurdistan Region – Kurdish forces killed a prominent Islamic State (IS) leader and captured 36 militants near Sulaiman Beg on Sunday, saidRudaw reporter.

 

“Abu Taiba has been killed and 36 other militants were captured by Peshmerga forces in Sulaiman Beg,” said Hiwa Hussamaddin, Rudaw correspondent from the frontline.

 

Kurdish Peshmerga forces have been fighting Islamist militants at Sulaiman Beg, 80 kilometers east of Tikrit, for the past two days.

 

“Peshmerga and Iraqi forces supported by the US airpower have been pounding Sulaiman Beg for the last 22 hours and according to the information Peshmerga forces gave to me, there has been lots of casualties in the ranks of the IS militants and many have been killed,” said Hussamaddin.  

 

Iraqi and US fighter jets struck IS positions near the town and Peshmerga forces shelled the area with artillery.

 

Iraqi, Kurdish and IS forces have fought hard for the control of Sulaiman Beg, a strategic town on the main highway that connects Baghdad with the north of the country.

 

According to Rudaw correspondent, the IS militants said through loudspeakers that they want to surrender themselves to Peshmerga forces.

 

 http://rudaw.net/english/kurdistan/310820143

 

 

[Nadita]

Tbomb,

Thanks a bunch!!!

[RedTailedHawk]

Sure appreciate all your work finding these article, TBomb!

[sandfly]

THANKS

[Butifldrm]

 

Statistical [where]: central bank sales of dollar in August, the highest since the beginning of 2014 override the 5 billion

Monday, 01 September / September 2014 07:04

[baghdad-where]

Recorded central bank auction for the sale and purchase of foreign currencies during the month of August has the highest sales since the beginning of the year in 2014 after more than five billion dollars.

The sales last month, the dollar remittances of more than 3.5 billion dollars.

According to statistics conducted by the agency all of Iraq [where] the bank sales in the last month and based on the daily bulletin auction has reached 5 billion and 738.49 million dollars.

These sales were distributed between 3 billion and 533 million and 992 000 dollars Khawwalat, and two billion and 222 million and 505 000 dollars as cash.

It was on August 13th highest in the bank sales of dollar after that exceeded 290 million dollars.

According to statistics prepared by all of Iraq [where] that the auction sales of the Central Alpetk the dollar since the beginning of this year until the end of the month of August stood at 33 billion, 266 million and 46 000 dollars.

Sales were January 3 billion and 423 million and 443 000 dollars

Sales and February 3 billion and 141 million and 821 000 dollars

Sales and March 4 billion and 607.335 million dollars

Nissan sales and 4 billion, 77 million and 894 000 dollars

Sales and May 4 billion, 34 million and 531 thousand dollars

Sales and June 4 billion and 582 million and 231 000 dollars

Sales and July 3 billion and 660 million and 301 000 dollars

Sales and August 5 billion and 738.49 million dollars.

According to central bank data daily, these huge sums sold a stable exchange rate is 1166 dinars per dollar, while sold the dollar in the market at about 1220 dinars to the dollar, and that means that the buyers if they sold the currency purchased from the central bank, they get a profit of 54 dinars per dollar .

The Iraqi central bank held an auction of six sessions per week for the sale and purchase of foreign currencies, starting from Saturday to Thursday and held over the past month July 25 hearing.

And exceeded sales in 13 days, 200 million dollars, while sales recorded a significant decline to below 100 million dollars in just one day a month in at least 24 of August, where sales were 81 million and 999 000 Dolar.anthy

http://www.alliraqnews.com/index.php/2014-06-14-07-34-14/145774--2014-5-.html

 

Rise in central bank sales in the first session for the month of September to sell more than 187 million dollars

Monday, 01 September / September 2014 11:43

 

[baghdad-where]

 

Sales of the central bank, said on Monday, in the first Mzhadath for the sale of foreign currency in the month of September of this, to more than 187 million dollars, after being hit on Sunday 100.684 million dollars.

 

According to a statement of the bank and the agency has received all of Iraq [where] a copy of the "size of the amount sold by the bank at the auction of the dollar today reached 187 million and 306 000 dollars at the exchange in 1166 dinars to the dollar."

 

He pointed out that "the quantity sold in cash amounted to 75 million and 190 thousand dollars, and the quantity sold Khawwalat amounted to 112 million and 116 000 dollars."

 

The statement added that "the price of the sale of remittances in 1187 dinars to the dollar, including the commission's central bank in the amount of 21 dinars per dollar, and the cash sales price of the dollar in 1190 dinars, while the total cash sales price of the dollar in 1190 dinars to the dollar, including the commission's central bank in the amount of 24 dinars per dollar."

 

The statement said that "the Iraqi Central Bank continues to buy and sell at a price of 1166 dinars to the dollar and earns commissions above itself."

 

The statistics for [where] conducted monthly for central bank sales of dollar pointed to higher sales of the dollar in August was the highest since the beginning of the year 2014, where five billion and amounted to 738.49 million dollars.

 

According to the statistical Ban Sales Auction Bank of the dollar since the beginning of this year until the end of last month amounted to 33 billion and 266 million and 46 000 Dolar.anthy.

http://www.alliraqnews.com/index.php/2014-06-14-07-34-14/145833--187-.html

The market Rate from the sale today went back up to 1203 Dinar to the Dollar

http://www.cbi.iq/documents/CBI_FOREIGN_EXCHANGE_AUCTIONS.pdf

  

 

Specialists: banking sector, a key pillar of economic reform          

01/9/2014 12: 00 am 

Baghdad Yasser Mohammad Hussein thghb 
A number of economists and business leaders at a seminar held by the Association of private banks in Iraq in the flagship of the new ways to improve their economic situation through reforms to be achieved at this stage.
The symposium was marked by high-level attendance by Parliament and the Executive, businessmen and representatives of relevant organizations and present Deputy Mehdi Crystal and Deputy Secretary-General for our BOD Ministers for finance and the Director General of the Central Bank and Adviser in the national investment Commission and the chairpersons of the boards of Commissioners and directors of private banks.
Discussions focused, inter alia, concerning the national economy and ways to promote and ease the challenges to development, and stressed the importance of paying attention to the banking sector as the backbone of the economy.
At the beginning of the symposium presented MP Dr. Mahdi Al-Hafez, paper tagged (developing economy firstly) that provoked considerable debate in this regard and propose the best solutions to achieve the desired economic reform, described the course of development in Iraq as a path that cannot be awartdadi stumbled to Iraq to make a sound unless dealt with obstacles to development and the imbalance in economic construction.
A: that oil is a commodity producer President still dominated the country's sources of finance, the public sector is still a huge welaikdm viable economic fruits in this grim, returned the oil and the public sector are essential features of the economic situation, stressing that the task of economic reform requires reducing the dominance of oil revenues and the adoption of a policy of diversification and the development of other productive sectors.
He drew the keeper until the other task is the development of the private sector and the middle class in Iraq as a market economy depends essentially on making the private sector leader in economic life, as well as the development of the middle class of businessmen and bankers and producers are the after-shock class on sustainable development.
Turning to the financial situation and cash in Iraq, citing a World Bank report which indicated weak banking sector and several prominent Iraqi economy side, referring to the dominance of the State banking sector deposits State by nearly 90 percent, and stressed the need to remove bugs in the banking and monetary sector through restructuring the banking sector and to give special attention to the development of private banks.
Of the Managing Director of Ashur International Bank Adnan Chalabi a detailed explanation about the stages of preparation for the new Association, containing the conferences and seminars aimed at strengthening their relations with economic and parliamentary government, expressing gratitude for the wide participation and actors.
And private banks in Iraq complaining of State services bans deposit amounts and impeding investments for various banking products and services.
This diagnosis has on numerous debates banking bugs by departments of banks and a number of economists have led to recommendations for the need to review all the procedures cumbersome and the role of the Central Bank of Iraq in addressing this issue with the Ministry of finance and Government services.
Then the Director General of the Central Bank's credit-Idi a detailed explanation about the reality of private banks in Iraq and the actions taken by the Central aalrabeth that led to the stability in the exchange rate and lower inflation rates.
The Secretary-General participated to the Arabic Bank Union Medal of the Beirut-based advances in interventions through which the price (alskaibi) high this first activity of the Association and with the participation of high-level Government and parliamentary of the interest in the banking sector and hope to start a new stage where the private banks involved in the construction and development and reinforcing banks Arabic in their desire to invest in Iraq stop the activities of the Union and hoped to participate in conferences in New York and Washington next week.
For his part praised the President of the Association of private banks in Iraq on active participation and sponsorship for the first activity of the Association by MP Dr. Mehdi Al-Hafez and the participation of high-level government officials, promised this support Assistant to revolutionize economic activities which relate to the financial and banking system and ways to promote it.
Bitter melon gave thanks on behalf of the private banks in Iraq of the Secretary-General of the Union of banks Arabic via Skype, hoping to develop banking relationships Arabic Arabic expertise to develop in Iraq.
Among notable interventions were Deputy Secretary-General of the Council of Ministers, Dr. Maged mock, Vice President of the Economic Association on behalf of the Chancellor Antoine Abd al-Bandar and many participants.
The symposium concluded with recommendations on ways to reform the banking and support private banks to enable them to contribute effectively to the building and  and development, and the equivalent of its size and importance in the Iraqi market.

http://www.alsabaah.iq/ArticleShow.aspx?ID=76989

Edited September 1, 2014 by Butifldrm

[Butifldrm]

BackNewsNews economical

Oil tanker loaded with the Kurdistan Regional reappear off the port of "Galveston", Texas

MONDAY, 01 SEPTEMBER / SEPTEMBER 2014 14:54 J P

Twilight News / re-tanker laden with crude oil to the Kurdistan region of Iraq appearing on satellite tracking systems near Texas on Monday, after days of uninterrupted contact the vessel, which is valued at 100 million dollars payload, but the latest data show that they did not unload its cargo.

 

According to AES data to keep track of ships used by the Coast Guard and the American Zatalaat Reuters by "Twilight News", the carrier United Kalaverwta outstanding weeks ago is still 95 percent full.

The ship appeared on Monday anchored in the sea off the port of discharge Galveston, little changed from its previously known.

Can not afford large ships such as the United Kalaverwta entry ports near Houston and unloading area so used to transfer their cargo to smaller ships in preparation for delivery.

She Baghdad, they may evaluate the new lawsuits to control the shipment if they reach the beach.

And already has several other tankers loaded with crude oil from Iran or Iraq's Kurdistan after the closure of the unloading cargo tracking devices, which makes it difficult to monitor their movements.

In July, the tanker quoted United Ampelm part of its cargo of crude to the Kurdish another ship in the South China Sea

http://www.shafaaq.com/sh2/index.php/news/economy-news/82601----------qq-.html

Edited September 1, 2014 by Butifldrm

[Butifldrm]

Independent: oil tanker Kurdistan disappeared in Sinai and Israel appeared in the circle of its cargo

 BAGHDAD - Iraq Press - 1 September / September revealed British newspaper The Independent that "a tanker carrying oil Kurds disappeared in the Sinai and appeared empty after two days near Israel, as quoted by a report by Reuters confirmed the recent" The oil tanker loaded with ore disputed by Iraq's Kurdistan value 100 million dollars, disappeared off the coast of Texas in the developments described a game of cat and mouse between the high-risk Baghdad and the Kurds.

 

 

 The newspaper added that "the tracking system ships robot, AIS, which is used by US Coast Guard did not succeed locate known for its tanker, which was carrying a million barrels of crude, and was 95% of the capacity is full, while her disappearance," pointing to "dump several other tanker carrying crude disputed after it has been shut down transmission made it difficult to follow. "

 

 

 

  The agency The Independent that "oil tanker Kmaray, partly filled ore Kurdistan disappeared from tracking satellite northern Sinai, to appear again empty after two days near Israel in late July, while the emptied carrier" Aonayatdd Amlam "part of the cargo of oil in the Kurdish another ship in the Sea South China. " Admiral ended

http://www.iraqpressagency.com/?p=87796〈=ar

Yildiz: Iraq did not buy oil from armed groups

Ankara-press Iraq-1 September: denied the Turkish energy and natural resources Minister tanr Yildiz, said Monday that Turkey had bought the oil from the Organization of the so-called "Islamic State", it is the largest supplier to CDDA Iraq oil for his country.

Yildiz said at a meeting of the ruling Justice and development party in the city of Kayseri, the Turkish oil refineries have not and will not repeat the oil coming from the armed groups ", describing the keeping of" trying to strike a blow for the energy sector in Turkey, and tarnish the image of the Government of the justice and development ".

Turkish Energy Minister stressed that "Iraq is the biggest petroleum supplier for Turkey, which imports oil from 11 to 12 other State".

 

The UN Security Council approved, in mid-August, the prohibition of buying oil from the Islamic State "regulatory" and "the victory", under Chapter VII of the Charter of the United Nations in order to dry up funding resources. Finished (1)

http://www.iraqpressagency.com/?p=87756〈=ar

Edited September 1, 2014 by Butifldrm

[dontlop]

http://www.radionawa.com/arabic/dreja.aspx?=hewal&jmare=20777&Jor=12

Needs translated

30/08/2014

Efforts to re-opening of a branch of the Rafidain Bank in London after settling his debts

Announced Rafidain intention re-opening of the branch and the resumption of activity in the British capital London after the settlement of all debts incurred by him to the United Kingdom.

said general manager of the bank on behalf of Kamal al-Hassani said in a statement from his press office said the Rafidain Bank branch in London, the first Arab bank in Europe, was founded in in 1952 and has played a prominent role in the performance of the banking outside Iraq.

adding that the public administration has to pay the debt incurred by him to the United Kingdom and is making strenuous efforts to regain its presence and resume the work of the bank. explained Hassani said the British side expressed its readiness to study the re-section to be a window of modern exchange trading and banking operations with Iraq.

It was translated elsewhere

[Butifldrm]

http://www.radionawa.com/arabic/dreja.aspx?=hewal&jmare=20777&Jor=12

Needs translated

30/08/2014

Efforts to re-opening of a branch of the Rafidain Bank in London after settling his debts

Announced Rafidain intention re-opening of the branch and the resumption of activity in the British capital London after the settlement of all debts incurred by him to the United Kingdom.

said general manager of the bank on behalf of Kamal al-Hassani said in a statement from his press office said the Rafidain Bank branch in London, the first Arab bank in Europe, was founded in in 1952 and has played a prominent role in the performance of the banking outside Iraq.

adding that the public administration has to pay the debt incurred by him to the United Kingdom and is making strenuous efforts to regain its presence and resume the work of the bank. explained Hassani said the British side expressed its readiness to study the re-section to be a window of modern exchange trading and banking operations with Iraq.

It was translated elsewhere

 

Good Morning DB, There have been a few articles out this week referring to the Opening of the Rafidain Bank in London as soon as the PUBLIC Debt is repaid to the UK.  I believe  this is good news because it basically is telling us that the balance sheets on these banks have been adjusted and revalued.  This was a World bank and IMF requirement to move into article VIII.  Also, Paris club and non Paris club debt repayment is an issue, as you can see from the articles.  Evidently, Iraq has not paid the remainder if the Paris Club Debt to the UK.  I am going to share a chat from a very special person to explain the importance of these articles and just how far Iraq has come to be able to even think they could Reopen the Rafidain Bank in London. It's been closed since 2003.  

 

Scooter] Good Evening Folks, 

[scooter] I hope all had a wonderful and safe July 4th! 

[scooter] There’s a couple of announcements I would like to make before beginning tonights dialog 

[scooter] One, I wish to congratulate DBCooper, VoodooWar, and Tenmillion

 They are tremendous people and I’m honored to call them friends! I suspect we’ll see great things

[scooter] Two I am undergoing an acquisition of my own this week so I will be in the midst of that transition . As a result, I won’t be here too much this next week but will resume full throttle the following week. I’ll be in the room, but they’ll be Drive-By’s and very short 

[scooter] Now, to the topics for tonight “What Exactly Happened on June 30th, 2010? 

[scooter] 1. World Bank Activities 

[scooter] 2. IMF Activities 

[scooter] 3. Minister of Finance Activities 

[scooter] 4. US Treasury Activities 

[scooter] Here we go 

[scooter] World Bank DPL Page 111 

[scooter] http://www-wds.worldbank.org/externa 0Use0Only1.pdf 

[scooter] Iii. Financing and accounting 

[scooter] A. Restructuring the balance sheets (including inherited debts and losses) On-going process 

[scooter] Note the words On-going process 

[scooter] Remember this plan has been 

[scooter] evolving for close to 7 years 

[scooter] The latest DPL was released 

[scooter] in March 

[scooter] with the following dates 

[scooter] That's why you'll see the On-Going Process statements 

[scooter] Nevertheless to the good stuff 

[scooter] here's what they did 

[scooter] Define foreign debts of banks in accordance with the aim of reflecting the foreign debt settled in the banks’ financial statements 

[scooter] Transfer to the Ministry of Finance or establish contra-accounts 

[scooter] Ministry of Finance would take responsibility of part of the external debt 

[scooter] Ministry of Finance will negotiate for the remaining portion of the external debt with relevant parties 

[scooter] Define other debt and losses for making related decisions by authorized parties 

[scooter] Identify and agree on discrepancies and ways to eliminate undercapitalization of banks 

[scooter] Monitoring of banks’ foreign assets in foreign banks and foreign correspondents 

[scooter] That's a whole lot of bullets huh? 

[scooter] But they were absolutely necessary considering the massive disarray 

[scooter] they were in 

[scooter] In fact The regional 

[scooter] reports give Iraq a D 

[scooter] for their reporting That one 

[scooter] needs to be improved 

[scooter] and quickly 

[scooter] here's some others related to capitol 

[scooter] B. Capital Adequacy On-going process 

[scooter] 1. Classification of assets and provision policy 

[scooter] Increase the amount of provisions in the profit and loss (P&L) in compliance with the audit results 

[scooter] Provide additional resources by the Ministry of Finance to the banks to be used for provisioning for NPLs 

[scooter] Account for NPLs that are not recognized in the current accounts 

[scooter] This is the one I like the most however 

[scooter] 2. Capital base On-going process 

[scooter] Look at the word 

[scooter] carefully 

[scooter] Reevaluation of the banks’ assets and take decision regarding non-strategic investments, rationalizing real estate properties of the bank in order to reduce the risk-weighted assets base 

[scooter] See The IMF or World Banks 

[scooter] Don't use that word EVER! 

[scooter] The speculators would kill the currency before it ever 

[scooter] got started 

[scooter] Another note from page 99 of this document that I wanted to share 

[scooter] H. Credit Analysis and Portfolio Management 

[scooter] The Ernst & Young asset quality reports show that loan loss reserves are largely underestimated (239 billion IQD for Rafidain Bank and 138 billion IQD for Rasheed Bank).57 In terms of capital adequacy, regulatory capital shortfalls –based on Basel II requirements and worldwide practices in terms of classification and provisioning of bad assets- may vary between 359 billion IQD for Rasheed Bank and 15.3 trillion IQD for Rafidain Bank). 58 

[scooter] Now This looks like a bunch non related nonsense 

[scooter] but look at the following footnotes 

[scooter] 57 Amounting to US$ 204 million and US$ 117 million (IQD 1,000 = US$ 0.8521) 

[scooter] Now please realize two things when you view this : One 

[scooter] That’s the existing rate that we have now but it’s the first time they are showing it in this regard. 

[scooter] And two 

[scooter] This is a basis number: In English, it’s missing the major variables to calculate the REAL rate. For example the fundamentals and Geopolitical variables are huge! 

[scooter] The IMF and CBI have chosen the 1993 SNA tools to determine the REAL rate for Iraq 

[scooter] This is similar to what the MofP 

[scooter] is using on their website 

[scooter] at 1.13 

[scooter] So don’t get yourself stressed out over that just noteworthy that’s all. 

[scooter] Next 

[scooter] 58 Amounting to IQD 306 million and US$ 13.1 billion (18.4 % of GDP—the 2008 GDP would reach IQD 83.6 trillions, ie. US$ 71.2 billion). The capital shortfall of US$ 13.1 billion (Rafidain Bank) is based on a number of adjustments which are likely to be required. Chief among these 

[scooter] Here's another noteworthy item 

[scooter] Chief among these is difference arising from the reevaluation of assets and liabilities denominated in foreign currencies. 

[scooter] Again, 

[scooter] That’s a very rare statement for any this institution The use of “Reevaluation” in any document is against major rules of engagement! Just noteworthy. 

[scooter] Next, The IMF and their CR10/72 Document 

[scooter] B. Monetary and Exchange Rate Policies and Financial Sector Reform 

[scooter] Page 46 

[scooter] This one is critical to understand: remember CPI – Consumer Price Index 

[scooter] 21. The CBI will continue to be independent in the pursuit of its policy objectives. The CBI’s monetary and exchange rate policies will continue to be aimed at keeping inflation under control and safeguarding international reserves. The subdued inflationary pressures thus far in 2009 have helped to maintain the nominal exchange rate stable since the beginning of the year and to reduce the policy interest rate to 7 percent. The policy interest rate will be kept positive in real terms (measured against core inflation) to signal the CBI’s firm commitment to maintain a low rate of inflation. We are accelerating plans to roll out a new CPI based on more recent household expenditure data, which will help us better monitor underlying inflationary dynamics. 

[scooter] Why is that important A new Consumer Price Basis is a HUGE component that will determine the rate. It’s the variable that will help the IMF and World Bank solve Iraq’s poverty problem. 

[scooter] Which is one of the five major Pillars of the DPL 

[scooter] Now we’ve seen this before but needs to be shown again from the IMF’s stand point. 

[scooter] The first important step will be to finalize the restructuring of Rafidain and Rasheed banks, based on their completed financial and operational audits. In this regard, the foreign liabilities incurred by Rafidain and Rasheed on behalf of the previous regime and the large suspense accounts will need be removed from these banks’ balance sheets. We aim to complete the restructuring of the balance sheets of Rafidain and Rasheed by June 30, 2010. Once their balance sheets are cleaned up and restructured, based on the decision already made by the Economic Committee, the capital of Rafidain and Rasheed will be raised to ID500 billion and ID400 billion, respectively 

[scooter] First 

[scooter] We aim to complete the restructuring of the balance sheets of Rafidain and Rasheed by June 30, 2010. 

[scooter] That was the other day. 

[scooter] Second and unknown just yet is this 

[scooter] Once their balance sheets are cleaned up and restructured, based on the decision already made by the Economic Committee, the capital of Rafidain and Rasheed will be raised to ID500 billion and ID400 billion, respectively 

[scooter] What rate is that 500 ID and 400 ID be at ? The new or old We’ll find out. 

[scooter] Here’s some other notes from Page 21 “Financial Sector Reform” 

[scooter] The banking system is dominated by two state-owned banks, Rafidain and Rasheed, which account for 90 percent of total assets. Besides four other small state owned banks, there are 23 small private banks that service only a small number of trusted clients. Capital markets, besides government securities, are almost nonexistent. 

[scooter] Why is this important? 

[scooter] Because 90% of Iraq’s banking system is being “ReFormatted” to meet International standards once they meet the standards then they can move forward with RV. 

[scooter] Here’s another one 

[scooter] The financial restructuring will first involve cleaning up the banks’ balance sheets and removing the legacy of bad debts and suspense accounts and working out the fiscal implications. During a second phase, the banks’ capital will be brought up to the required levels. 

[scooter] I brought this up because I don’t want any confusion between the IMF phases and the World Bank Phases. We are now entering into the second phase for the IMF. Remember Currency gets recognized and sized up (RV) first then the stocks, bonds, equities at the ISX. 

[scooter] Now to the Ministry of Finance and his comments in the news. 

[scooter] Friday, July 2, 2010 

[scooter] Iraq Baqir al-Zubaidi: economic successes in Iraq, the economic successes achieved the Ministry of Finance 

[scooter] Baqir al-Zubaidi: economic successes in Iraq, the fruit of the efforts of the Ministry of Finance 

[scooter] Here's some noteworthy points in the article 

[scooter] Al-Zubaidi and reviewed during Astkabbah to the American delegation led by Assistant U.S. Treasury Secretary Charles Colin economic relations between Iraq and the United States of America. 

[scooter] You have to remember 

[scooter] The US Treasury 

[scooter] is the Government Organization 

[scooter] that's been holding all those assets 

[scooter] that are now being returned 

[scooter] if all goes well 

[scooter] On top of that 

[scooter] Iraq wants a 400 million loan to help offset the crisis from 2009 budget 

[scooter] here's another 

[scooter] He referred to the cooperation with the World Bank through a program of economic reforms the Iraqi who arranged the standards related to the first review of the arrangements for retaining the International Monetary Fund, which will help pave the way for a study loan, the second development policy amount (250) million dollars of the amount of up to (500) million be submitted by the World Bank for Iraq. 

[scooter] They also discussed support for the private banking sector to grow to ensure equal access to all the work and letters of credit with the government as the Ministry of Finance has achieved a growth in support of the private banking sector, where many credit the one that opens in private banks to four million dollars, that's a great achievement in support of private banks. 

[scooter] First 

[scooter] That 250 million 

[scooter] is the first phase of the World Bank Tranche 

[scooter] Second 

[scooter] Their talking about the DPL and Private Sector Reform Capitol and credit 

[scooter] Here's another 

[scooter] Also discussed the issue of advancement of the State banks by re-structuring and the introduction of mechanization in the modern work, especially the banking system overall to reach the ranks of international banks. 

[scooter] We just talked about that 

[scooter] Now were triangulating the information 

[scooter] Here's the statement for the Strategic Five Year Plan 

[scooter] Reviewed Zubaidi strategy budget for the year (2011 / 2012 / 2013), which demarcates the first time in Iraq to develop strategy and clear for the phased reduction of the deficit in the budget of Iraq Federal these years and limiting the benefits of highest production of oil to keep the security gains and economic gains made in Iraq. 

[scooter] Last one 

[scooter] He called for the importance of opening a branch of the World Bank in Iraq in order to promote confidence and the relationship between the World Bank, Iraq and create a predictable environment to support investment and entry of firms into Iraq. 

[scooter] The Technical assistance to help follow through during the RV 

[scooter] If they have received a D Grade 

[scooter] compared to the region 

[scooter] It won't be a request 

[scooter] but mandated! 

[scooter] Just imagine 

[scooter] if you set a budget up 

[scooter] and you were only 37% accurate in that budget 

[scooter] You would be hung and fired instantly 

[scooter] With that said I'm done for the evening

[Mammaw]

I love it when I see Scooter's input on the matter. I have missed it. Thanks dontlop for bringing it over.

[Nadita]

Buti,

Thanks for the info you share... I'm assuming the chat log is a recent one in July 2014?

Wow... All roads to RV

[TBomb]

FROM THE PARLIAMENT SITE

As part of endeavors to coordinate between the legislative and executive branches .. President al-Jubouri, the President will meet with him and looking file cabinet
01 September 0.2014

The President of the House of Representatives, Dr. Saleem al-Jubouri, on Monday, the President of the Republic Fuad Masum. During the meeting, they discussed the latest developments in the ongoing negotiations between the political blocs for the purpose of forming a government, where the two sides stressed the need for coordination between the legislative and executive branches for the purpose of overcoming all obstacles that hinder the course of the negotiating process and speed up the formation of the next government within the constitutional deadline.

Media Bureau
Chairman of the Iraqi Council of Representatives
09/01/2014

http://www.parliament.iq/details.asp...85&AlwType=Pre


 

President al-Jubouri receives Spanish Ambassador and looking to him for economic cooperation between the two countries

01 September 0.2014

The President of the House of Representatives, Dr. Saleem al-Jubouri, on Monday, the Spanish ambassador Jose Maria, was talking about the political situation and the development of relations between the two countries. Mr. Maria congratulations to President al-Jubouri, on the occasion of his accession to the presidency of the Council of Representatives, also congratulated the launch of the new parliamentary session, saying it was an important achievement in a democratic way, which runs when Iraq. 

For his part, President al-Jubouri said that "Iraq is passing through Payam task of history and on the verge of forming a government we want to be inclusive government for all Iraqis and have a positive impact on the Iraqi reality. " 

He sovereignty "We appreciate the international support and we hope to increase this support for Iraq would emerge from its current crisis through which Iraq today." 

This expressed the Spanish ambassador and pledged his country, along with Iraq in his ordeal and cooperation in economic and parliamentary side, stressing that Spain and its people was and still friendly to Iraq and its people and very sympathetic with the suffering of the Iraqi people, especially the recent violations against civilians.

Media Office 
of the President of the Council of Representatives of Iraq 
01/09/2014

http://www.parliament.iq/details.asp...73&AlwType=Pre

 

D. Haider Abadi receives President of the UN mission in Iraq

01 September 0.2014

His prime minister-designate, Dr. Haider Abadi UN mission chief in Baghdad Nikolai Miladinov. , and the two sides discussed during the meeting, political and security situation in Iraq and the region and the issue of displaced persons in addition to the process of government formation. said Dr. Abadi to the importance of the role of the UN mission consultant in finding the common ground of the political blocs to solve the problems in some of the outstanding issues in the political process. 

said Dr. Abadi said negotiations to form a government take place smoothly normal and the political blocs to take into account the circumstances that Iraq is going through in order to speed its formation. called sovereignty of the international community and the United Nations to exert more efforts in order to assist Iraq in its war against terrorism in order to exceed this stage and begins to normal as one of the main poles in the region.

Information Office of the First Deputy Speaker of the House 
Prime Minister-designate
D. Haider Abadi
September 1, 2014
5 November 1435 

http://www.parliament.iq/details.asp...86&AlwType=Pre

Edited September 1, 2014 by TBomb

[TBomb]

FROM THE CABINET SITE:
Committee for verification in the General Secretariat of the Council of Ministers announce figures for decisions(non-designated)


01/09/2014 11:57 

Committee announced that verification in the General Secretariat of the Council of Ministers issued the names right decisions for (non-designated) .. To learn figures decisions beneficiary CLICK HERE:http://www.cabinet.iq/uploads/t/index.htm

I'M STILL TRYING TO FIGURE OUT WHAT THESE LISTS MEAN..I MAY BE BACK
http://www.cabinet.iq/ArticleShow.aspx?ID=5194



The legal service in the General Secretariat of the Council of Ministers stresses that the decisions of the committees and appeals shall be final and enforceable


01/9/2014 3: 08 pm 


I drew the legal service in the General Secretariat of the Council of Ministers uncles to the relevant authorities about the queries from non-associated ministries and authorities of the Ministry regarding the possibility of appeal against the decisions of the committees and special appeals dismissed politicians outside the remedies set out in the law.

Where indicated the legal service in the uncles that as long as the law reinstating politicians no. (24) of 2005 amended and instructed the serial route for appealing against the decisions of the central committees, so the decisions of the committees and appeals shall be final and enforceable and the stakeholders follow administrative remedies through the committees of the institution under the Act. 

http://www.cabinet.iq/ArticleShow.aspx?ID=5196

[Butifldrm]

Buti,

Thanks for the info you share... I'm assuming the chat log is a recent one in July 2014?

Wow... All roads to RV

Oh No sorry Nadita, This chat was from 2010.  That shows you how long, Iraq has taken to come into compliance.  Een though they have made progress, evidently the Paris Club and Non-Paris club debt is still an issue.  More than likely corruption has played the largest role in Iraq's ability to pay off these debts.

[TBomb]

Ministerial meeting to finalize the budget

 

 

         

9/1/2014 0:00 

Statements about the expenses of my displaced and popular mobilization 
Baghdad Ahmed Abed Rabbo 
completed and the Ministry of Finance of all expenses and actual income earned in the ministries and government departments all since the beginning of the year until the end of last July, in a move to facilitate the preparation of a budget for the four-month remainder of the year 2014.omen hoped to hold representatives Ministry for meetings with representatives of other ministries this week to put the finishing touches Alakhirh.aota at a time in which he called specialists to make statements about my expenses and displaced the popular crowd, in addition to imports Almalah.oishd financial situation in the country is fully stable, according to statements by officials in spite of stops oil exports to the Turkish port of Ceyhan, but the exports from the southern fields continues to rise. expanded meeting , said a source familiar with the ministry's "morning": that "the Budget Department in the ministry recently held an expanded meeting attended by directors of departments of Finance and its divisions in the ministries and departments not associated with the Ministry of to provide the Ministry of expenses and actual income earned from 01/01/2014 until 31/07/2014. "and the source of this income and expenses organized according to sections and chapters of the general budget for standardization to prepare the general federal budget for the remainder of 2014 to enable the Council of Ministers discussed and then referral to the House of Representatives for the purpose of ratification, pointing out that of the above expenses include Almoisntin investment and operational. addressing legal for his part, said a spokesman for the Ministry of Planning Abdul-Zahra al-Hindawi, "morning", said the discussions on the approval of the budget for the remainder of the year is still continuous did not appear so far the final position around and specifically about the fate of the projects included in the current year or firing grades Alozifah.wachar Hindawi that the goal of approving a budget for the months remaining is for the purpose of processing the legal fact that can not be legislation next year's budget in 2015 without the current year budget. financial statement On the other hand, called the economic expert on behalf of Jamil Antoine Ministry of Finance to make statements about the expenses of ministries and government agencies is associated with the Ministry and in particular the expenses of popular mobilization and displaced persons, with statements about the size of the financial revenues, as it will be more like the accounts closing and then recognize by the House of Representatives budget contingency for the remainder of the year to gain legitimacy Altama.wachar to the presence of emergency must be taken into account in the budget as displaced persons and volunteer on popular mobilization, in addition to the decrease in oil imports due to stop exports to the Turkish port of Ceyhan. adding that the draft budget for the current year to suffer a deficit sketch exceed 30 billion dollars, but the lack of direct new projects that would fill a large part of this deficit. ended the House of Representatives during the previous parliamentary session in the session held mid-March past the first reading of the draft budget law for 2014, the current, without being able to complete the second reading of the draft because of disruption of quorum as a result of political pressure, to leave the budget to the new House of Representatives, who gave it back to the government.
 

http://www.alsabaah.iq/ArticleShow.aspx?ID=76976

 

 

LINK TO THREAD FOR 08-31-2014: http://dinarvets.com/forums/index.php?/topic/185573-articles-for-08-31-2014/page-2#entry1425198

 

 

01/09/2014 (00:01 pm)  
Resumption of work at the Rafidain Bank in London within the Paris Club Adjustments

 

2014/09/01 

Resuming work in the Rafidain Bank in London under the Paris Club adjustments

 

Baghdad/Ibrahim Ibrahim

 

Economists welcomed the reopening of the Rafidain Bank in London after working for 24 years, noting that the expansion of trade cooperation between Baghdad and the rest of the world has become an urgent need at the present time, demanding similar action in other States.

 

 

The Economist said the appearance of Mohammed Saleh in an interview for "the range", to "reopen the Rafidain Bank branch in London is an important step for trade and economic integration with international financial markets which represent the United Kingdom in the world's largest" status.

 

"The events following the invasion of Kuwait by the former regime has cost Iraq a lot, including the closure of Rafidain Bank in London for a resolutions freeze all stock including balances and public companies which prompted creditors legal proceedings to demand their money back."

 

The former adviser at the Central Bank that the previous period saw the settlement of debts by the Paris Club decisions that supported the Iraqi economy and private banking institutions and the Rafidain Bank to its history in the banking and financial transactions ".

 

The presence of the Bank in London, deepening trade and investment ties between Iraq and United Kingdom is opening a glimmer of hope for big expansion in various global markets. "

 

"The Iraqi State banks open branches in most European countries and particularly in the city of Frankfurt in Germany and Paris in addition to China, one of the major economies in the world and there is an annual plan for the Central Bank to open a branch in every year but unfortunately not activated for many reasons."

 

He pointed out that "the opening of bank branches is a reporter without the need for another broker costs a lot of money in addition to the development of the banking sector and trade in both private and Government from Baghdad to the European countries."

 

He noted that "there is an urgent need to provide the correct foundations in the process of opening bank branches by setting the talent and expertise of those qualities English language fluently and follow international standards, including transparency and the application of general accounting systems and global banking rules".

Economist, said Abbas Al-bahadili said in an interview for "term" that "Rafidain Bank is a prestigious international banks in the region and the world as a scientifically based process created during long years."

 

"The Decade of the 1990s of the last century as a result of decisions Iraq attributed the economic strides back and delayed Iraqi financial and banking institutions to catch up with global developments, which included all financial trading process in joints detail."

 

Al-bahadili said that "the closure of Rafidain Bank branch in London denied for nearly 24 years, deprived Iraq of continuing development by continuing friction with global financial institutions in the United Kingdom, which is the oldest global financial markets".

 

The "duty of Iraq requires banking institutions to open more than 10 branches of various banks in some European countries to coordinate banking and gain experience on the other hand add to short-circuit a lot of routine and expensive steps financially to develop different intermediaries in banking and financial exchanges between Iraq and the world."

 

Announced its intention to Rafidain Bank opening branch and resume its activity in London after settlement of all debts incurred by the United Kingdom.
The Director of the Bank in the name of Kamal Al-Hassani in a statement "the range", a copy of the Rafidain Bank branch in London, and is the first bank in Europe, was founded in 1952 and has a prominent role in the performance of banking outside Iraq.

 

The General management of the Bank the repayment of debts to the United Kingdom and is making great efforts to restore its presence and resume bank.
Al-Hasani said that the British side expressed its readiness to study the restoration section of the modern window to exchange trade and bank transactions with Iraq.

 

Rafidain Bank was stressed to pay pensioners living outside Iraq with the e-card.

 

The Director of the Bank in the name of Kamal Al-Hassani in a previous statement, that the Rafidain Bank and through his tireless seeking pay living outside Iraq with the e-card, ensuring ease of use of the card at any ATM of any foreign bank.

 

The Rafidain Bank established under Act No. 33 of 1941 and bash t in 1941 with a paid-up capital of 50,000 Iraqi dinar.

 

The Bank passed several stages during his career was the first historical presence as the first National Bank commercial banking is practiced among many foreign banks.

And began the gradual expansion into Iraq and then over multiple stages of integration began in 1964 included commercial banks operating in Iraq where they were in 1974, consolidated with the Rafidain Bank, which became the only commercial bank in Iraq.

 

In 1998, the Bank has seen new development is its transformation into a public company owned by the State in full in accordance with the provisions of the General Companies Act No. 22 of 97 to support the national economy in the area of commercial banking and investment funds and provide funding for various sectors in accordance with the development plans and within the framework of economic and financial policies of the State.

 

The number of bank branches currently 147 branches inside Iraq add to (8) branches in some cities a sawmill in Arabic are: Cairo,

 

http://www.almadapaper.net/ar/news/470827/%D8%A7%D8%B3%D8%AA%D8%A6%D9%86%D8%A7%D9%81-%D8%A7%D9%84%D8%B9%D9%85%D9%84-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1%D9%81-%D8%A7%D9%84%D8%B1%D8%A7%D9%81%D8%AF%D9%8A%D9%86-%D8%A8%D9%84%D9%86%D8%AF%D9%86-%D8%B6%D9%85%D9%86

 

 

 

 

 

 

LINK TO INTERESTING CHAT ON THE LONDON-RAFIDAIN ARTICLE:

 

http://dinarvets.com/forums/index.php?/topic/185683-rafidain-london-article-and-bondlady-chat/

FROM THE CABINET SITE:
Committee for verification in the General Secretariat of the Council of Ministers announce figures for decisions(non-designated)


01/09/2014 11:57 

Committee announced that verification in the General Secretariat of the Council of Ministers issued the names right decisions for (non-designated) .. To learn figures decisions beneficiary CLICK HERE:http://www.cabinet.iq/uploads/t/index.htm

I'M STILL TRYING TO FIGURE OUT WHAT THESE LISTS MEAN..I MAY BE BACK
http://www.cabinet.iq/ArticleShow.aspx?ID=5194



The legal service in the General Secretariat of the Council of Ministers stresses that the decisions of the committees and appeals shall be final and enforceable


01/9/2014 3: 08 pm 


I drew the legal service in the General Secretariat of the Council of Ministers uncles to the relevant authorities about the queries from non-associated ministries and authorities of the Ministry regarding the possibility of appeal against the decisions of the committees and special appeals dismissed politicians outside the remedies set out in the law.

Where indicated the legal service in the uncles that as long as the law reinstating politicians no. (24) of 2005 amended and instructed the serial route for appealing against the decisions of the central committees, so the decisions of the committees and appeals shall be final and enforceable and the stakeholders follow administrative remedies through the committees of the institution under the Act. 

http://www.cabinet.iq/ArticleShow.aspx?ID=5196

 

 

BUTI AND I ARE NOT 100% COMPLETELY POSITIVE, BUT IT SEEMS AS IF THE COM IS "UNOFFICIATING" (NOT A WORD I KNOW) FORMER POLITICIANS - REMOVING THEM OFFICIALLY FROM SERVICE. 

[TBomb]

BONDLADY CHAT : "New government to allow the export of its oil Erbil"

 

TY BONDLADY AND TEAM - WE'RE VERY GRATEFUL TO YOU!

Read more: http://dinarvets.com/forums/index.php?/topic/185685-bondlady-chat-new-government-to-allow-the-export-of-its-oil-erbil/#ixzz3C5PLe5tq

01/09/2014 14:06

  Expert precedent in the CIA: Obama has allowed the Muslim Brotherhood to infiltrate into administration

  Said Clare Lopez, an expert counter-terrorism affairs, former CIA American CIA, President Barack Obama has allowed the Muslim Brotherhood to infiltrate inside the administration and the federal government, noting that many members of Congress know it, but they do not speak aloud.

 

 

She explained looper, a member of the Committee on citizens own Benghazi and an expert on security affairs and terrorism in the Middle East at the Institute of Megan's Canadian Institute for Security Policy, in remarks to the site World Net Daily, that the war on terrorism, published by the United States under the administration of George W. Bush, has become more dangerous, and wondered Lopez reprehensible President Obama's bias for terrorist organizations, including that of the Muslim Brotherhood in Egypt, as well as affiliates in other parts of the Middle East.

 

She pointed out that the Muslim Brotherhood had infiltrated into the ranks of the American administration and other branches of the federal government.

 

For example, the appointment came Ebiary Mohammed, a senior member of the Advisory Board of the Ministry of Homeland Security, which supports some form of partnership between America and the Muslim Brotherhood, says the CIA is responsible earlier.

 

And indicate that Ebiary revealed his papers recently, when he wrote on Twitter that the caliphate or Islamic state are inevitable in the future, and compare it to the EU.

 

In the opinion of Lopez that the Obama administration does not do much to combat the threats faced by the United States and Europe from the organization of the Islamic State in Iraq and the Levant, which controls large swathes of Syria and Iraq, and commit crimes and atrocities against his opponents and religious minorities.

 

http://alrayy.com/120669.htm

Edited September 1, 2014 by TBomb

[Nadita]

Oh No sorry Nadita, This chat was from 2010.  That shows you how long, Iraq has taken to come into compliance.  Een though they have made progress, evidently the Paris Club and Non-Paris club debt is still an issue.  More than likely corruption has played the largest role in Iraq's ability to pay off these debts.

 

Buti,

 

Agree with the corruption.  Correctly me if I am wrong.. I thought the Paris Club agreed to give a huge discount in what owed to them and Non Paris Club either still in negotiating or also agreed to get paid at discounted rate lol  If Rafidain Bank is opening again in London, could it be that they all Paris or Non Paris agree to get paid less what owed them or in fact, they get paid in dinar with the promise of RV... either way, Iraq has to come up with the money to pay them unless they are paying with oil that is oozing from their ground.  Which one..? lol 

BONDLADY CHAT : "New government to allow the export of its oil Erbil"

 

TY BONDLADY AND TEAM - WE'RE VERY GRATEFUL TO YOU!

Read more: http://dinarvets.com/forums/index.php?/topic/185685-bondlady-chat-new-government-to-allow-the-export-of-its-oil-erbil/#ixzz3C5PLe5tq

01/09/2014 14:06

  Expert precedent in the CIA: Obama has allowed the Muslim Brotherhood to infiltrate into administration

  Said Clare Lopez, an expert counter-terrorism affairs, former CIA American CIA, President Barack Obama has allowed the Muslim Brotherhood to infiltrate inside the administration and the federal government, noting that many members of Congress know it, but they do not speak aloud.

 

 

She explained looper, a member of the Committee on citizens own Benghazi and an expert on security affairs and terrorism in the Middle East at the Institute of Megan's Canadian Institute for Security Policy, in remarks to the site World Net Daily, that the war on terrorism, published by the United States under the administration of George W. Bush, has become more dangerous, and wondered Lopez reprehensible President Obama's bias for terrorist organizations, including that of the Muslim Brotherhood in Egypt, as well as affiliates in other parts of the Middle East.

 

She pointed out that the Muslim Brotherhood had infiltrated into the ranks of the American administration and other branches of the federal government.

 

For example, the appointment came Ebiary Mohammed, a senior member of the Advisory Board of the Ministry of Homeland Security, which supports some form of partnership between America and the Muslim Brotherhood, says the CIA is responsible earlier.

 

And indicate that Ebiary revealed his papers recently, when he wrote on Twitter that the caliphate or Islamic state are inevitable in the future, and compare it to the EU.

 

In the opinion of Lopez that the Obama administration does not do much to combat the threats faced by the United States and Europe from the organization of the Islamic State in Iraq and the Levant, which controls large swathes of Syria and Iraq, and commit crimes and atrocities against his opponents and religious minorities.

 

http://alrayy.com/120669.htm

 

If this is true.. we are in bigger trouble than what we think.. we are sitting ducks 

[Butifldrm]

Buti,

 

Agree with the corruption.  Correctly me if I am wrong.. I thought the Paris Club agreed to give a huge discount in what owed to them and Non Paris Club either still in negotiating or also agreed to get paid at discounted rate lol  If Rafidain Bank is opening again in London, could it be that they all Paris or Non Paris agree to get paid less what owed them or in fact, they get paid in dinar with the promise of RV... either way, Iraq has to come up with the money to pay them unless they are paying with oil that is oozing from their ground.  Which one..? lol 

 

If this is true.. we are in bigger trouble than what we think.. we are sitting ducks 

 

Nadita, yes for sure the Paris Club debt was reduced by approximately 80% and the non-Paris Club debt is still under negotiations.  The debt owed to the UK would more than likely fall under Paris Club Debt, the remainder of the 20% owed by Iraq to the UK.  This debt was to be paid off by July 2014.  

 

 The Paris Club Secretariat established a “capacity of payment” based on the IMF macro framework 

 The Secretariat computed the amounts available for the payment of external creditors once the multilateral institutions are fully 

paid on contractual maturities (multilateral institutions are paid in priority) 

 The Secretariat proposed a treatment of arrears as of July 1, 2011 and of maturities falling due over the period July 2011-July 2014 

in order to fill the “financing gap” 

The treatment is based on the Paris Club “Cologne terms” for HIPC countries (pre cut-off date debts are fully restructured, 

post cut-off debt is not cancelled by deferred in order to alleviate debt service over the 3 years period) 

The treatment is based on the hypothesis that the comparability of treatment principle will be fully applied by other bilateral 

public creditors and by private creditors http://www.mecon.gov.ar/finanzas/deuda%20soberana/lambert.pdf

[Nadita]

Buti

 

Sorry to keep asking you questions but.. if the debt should be paid by July 2014 and now we are in September and they are opening the bank again in London.. my guess would be : a) they have paid off their obligation to London to get a clear runway to land, if they have paid the debt.. what did they pay them with.. oil credits or dinar, they have reached an agreement to extend the payment for a little longer, c.) they paid UK with dinar with promise of rv and even though their debt was discounted by 8% but after rv UK will still get most of their money back.  That's just how my simple mind works  need to learn from you more in this area

[Butifldrm]

Buti

 

Sorry to keep asking you questions but.. if the debt should be paid by July 2014 and now we are in September and they are opening the bank again in London.. my guess would be : a) they have paid off their obligation to London to get a clear runway to land, if they have paid the debt.. what did they pay them with.. oil credits or dinar, they have reached an agreement to extend the payment for a little longer, c.) they paid UK with dinar with promise of rv and even though their debt was discounted by 8% but after rv UK will still get most of their money back.  That's just how my simple mind works  need to learn from you more in this area

Good questions Nadita,  I don't believe they have paid this debt because the articles which have come out over the past few days elude to this fact. As far as how much debt they owe in Paris club debt is hard to find.  The CBI has not updated their site on Paris Club debt since 2012.  One of the last articles I could find referring to this debt is from March of this year.

 

  

Iraq extinguish a large proportion of its foreign debt          

3/20/2014 0:00 

 

Is a good indicator within the rankings 

Baghdad - Mostafa Hashemi 

is Iraq from countries committed to pay its debts gives a good indication of what part of the world rankings is the official in this area. Where have paid more than $ 40 billion of the total debt adjusted for the countries of the Paris Club, which was up to 51.6 billion dollars in 2004. 

classified Iraq's foreign debts on 4 categories include both debt to Paris Club countries, the debt of non-member states of the Paris Club, and the debt of commercial creditors ( foreign private sector), and the debt of the GCC countries in addition to contracts for consultants accounting and legal. 

In this regard, said the academic economic Dr Majid Baidhani that the country's strides in stages pay its debts earlier leaving only a fraction of them having fulfilled its obligations to creditors as total debt that has been settled for countries outside the Paris Club exceeded 16 billion dollars after it was up to 18.33 billion dollars in 2004, explaining in a statement (morning): The total commercial debt that was processed amounted to more than 16 billion dollars at a time when 19 billion dollars in 2004. 

added during the journey debt repayments initiated Iraq in 2004 Proposals to settle the debts of the creditors through the purchase offer cash, in a manner offered to buy the debt of religion, where the presentation included the first purchase debt increased by 10.25 percent of the total debt and the abolition of the remaining amounting to 89.75 percent, participated in these offers creditors less than the proportion of young people who all indebtedness of $ 35 million, where total amounts Levels 5 billion American dollars. He explained that the view buy religion to religion included the issuing loan bonds by 20 palmih of the total debt for the benefit of creditors and exempt the remaining 80 percent and pay out loan bonds over the years from 2020 to 2028 and interest is charged on the loan bonds at 5.80 percent, have participated in this offer creditors Sales adults who increase their demands for 35 million dollars. 

mentions that the government had contracted with four financial institutions and international banks as external advisors who provide advice, support and consulting all matters relating to the settlement of Iraq's foreign debts. They are all from the Ernst & Young Foundation Cleary Kutlob (outside legal counsel) and the Foundation Alzard French. Foundation and Houlihan Lokey English and the Bretton City Krupp and JP Morgan are the two banks and their mission is to provide support to the Ministry of Finance to settle the debts of foreign commercial creditors (foreign private sector) has been assigned the task to them due to the wide spread of homosexuality around the world.

http://www.alsabaah.iq/ArticleShow.aspx?ID=67183

 

 

Now as far as how payment is made, here are the IMF guidelines:

 

3. For purposes of monitoring under the program, a program exchange rate will be 

used. This program exchange rate will be set at ID 1,170 per U.S. dollar. The program 

exchange rate will be used to convert into Iraqi dinars the U.S. dollar value of all CBI foreign 

assets and liabilities denominated in U.S. dollars, as required. For CBI assets and liabilities 

denominated in SDRs and in foreign currencies other than the U.S. dollar, they will be 

converted in U.S. dollars at their respective SDR-exchange rates prevailing as of 

December 31, 2010, as published on the IMF’s website. 

https://www.imf.org/external/np/loi/2011/irq/030311.pdf

Edited September 1, 2014 by Butifldrm

[old timer]

has anyone heard what happened with the new 10,000 dinar note that was supposed to come out by the end of august. I have read nothing of it being out.

[Butifldrm]

Both sides guilty of atrocities in Iraq fight: U.N. debate

Mon, Sep 1, 20140 Comments

Enlarge

By Stephanie Nebehay

GENEVA (Reuters) – Islamist fighters have carried out atrocities on “an unimaginable scale” in months of fighting with Iraqi forces who have also killed detainees and shelled civilian areas, a U.N. official said in an emergency debate on the conflict on Monday.

Iraq’s human rights minister, Mohammed Shia’ Al Sudani, told the session that Islamic State militants, “oozing with barbarity”, threatened his country and the world, but did not immediately respond to allegations against state troops.

Islamic State has grabbed large areas of Iraq and neighboring Syria, declaring a cross-border caliphate and driving hundreds of thousands from their homes. At least 1,420 people were killed in Iraq in August alone, U.N. figures showed on Monday.

The one-day session, called by Iraq with the support of allies including the United States, is expected to agree to Baghdad’s request to send a team of U.N. experts to investigate crimes committed in the conflict.

There is “strong evidence” Islamic State and allied groups have carried out targeted killings, forced conversions, sexual abuse and torture in Iraq, U.N. Deputy High Commissioner for Human Rights Flavia Pansieri said, opening the debate in Geneva.

“The reports we have received reveal acts of inhumanity on an unimaginable scale,” she told the U.N. Human Rights Council, on its first meeting about the latest surge in violence. She later told Reuters she was referring to Islamic State.

Iraqi government forces and police had also committed acts that may amount to war crimes, Pansieri said.

“Systematic and intentional attacks on civilians may constitute war crimes and crimes against humanity. Individuals, including commanders, are responsible for these acts,” Pansieri said, referring to crimes committed by both sides.

 

“BURNED ALIVE, BEHEADED”

Pansieri said she was particularly worried about the persecution of Christians, Yazidis, Shia, Turkmen and other ethnic groups by Islamic State forces that have swept through western and northern Iraq.

“These communities have lived side by side, on the same soil, for centuries and in some cases for millennia,” she added. Such “ethnic and religious cleansing” may amount to crimes against humanity, Pansieri added.

Iraqi police have also executed detainees in Tal Afar and government-allied militias opened fire on a mosque in Khanaqin district northeast of Baghdad killing 73 men and boys, she said.

Iraqi soldiers have shelled towns and carried out air strikes near Kirkuk, Falluja, and Salahuddin, killing and injuring many dozens of civilians, she added.

Iraq’s human rights minister Mohammed Shia’ Al Sudani told the session Islamic State was threatening the makeup of his country.

“The land of ancient Babylon is subjected to threats starting to its very independence, they are attempting to change its demographic and cultural composition,” he said in Arabic.

Islamic State was not just a problem for his country, he added. “It is a trans-national phenomenon that poses an imminent danger to all countries of the world, it defies all human rights principles and international law.”

The U.S. ambassador to the rights forum, Keith Harper, urged Iraq’s Prime Minister designate Haider al-Abadi to set up a multi-ethnic government that would investigate all allegations against government forces and “terrorist groups”.

“The stories that have emerged from ISIL’s (Islamic State’s) bloody assault on Iraq are the ones of nightmares. Christians and others have been driven from their homes with the threat of ‘convert or die’,” Harper said.

“The Yazidis have been buried alive, beheaded or killed in mass executions,” he said.

Western and Gulf countries denounced Islamic State abuses. “This organization has nothing to do with Islam, even if they carry the name,” said Kuwait’s ambassador Jamal Al-Ghunaim.

But Russia and its ally Syria blamed Western and Arab states for allowing the Sunni extremists to thrive in the region.

Russia had supplied arms to counter Islamic State, including Sukhoi 25 strike aircraft, Moscow’s ambassador Alexey Borodavkin said.

“ISIL acquired a huge potential: it now controls colossal financial resources that it has seized, is pursuing illegal oil trade and has a considerable arsenal of modern weaponry. All this could have been avoided if the international community had taken measures at the time to remove this cancer at an early stage of its formation,” he said.

(This story corrects the first name of the U.S. envoy in the 16th paragraph to Kei

http://www.srnnews.com/both-sides-guilty-of-atrocities-in-iraq-fight-u-n-debate-5/

Grave crimes committed on 'unimaginable scale' in Iraq, UN Human Rights Council told

Members of an ethnic Yezidi family sleep in the shade in Shekhadi village, Iraq, after fleeing Sinjar. Photo: UNHCR/N. Colt

<div class="addthis_toolbox addthis_counter_style" "="">

2

 

 

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1 September 2014 – United Nations officials today urged an immediate end to the acts of violence and abuses committed against civilians in Iraq, particularly against children and people from various ethnic and religious communities, as the Human Rights Council met to discuss the ongoing crisis.

 

 

 

“The reports we have received reveal acts of inhumanity on an unimaginable scale,” Flavia Pansieri, the Deputy High Commissioner for Human Rights, said in her opening remarks to the UN Human Rights Council's special session on Iraq.

 

 

 

During the session, the Council adopted a resolution requesting the Office of the High Commissioner for Human Rights (OHCHR) to urgently dispatch a mission to Iraq to investigate alleged violations and abuses committed by the so-called Islamic State in Iraq and the Levant (ISIL) and associated groups.

 

 

 

It also condemned “in the strongest possible terms” systematic violations and abuses of human rights and violations of international humanitarian law resulting from the terrorist acts committed by ISIL and associated groups “which may amount to war crimes and crimes against humanity…”

 

 

 

The 47-member body, based in Geneva, also strongly condemned in particular all violence against persons based on their religious or ethnic affiliation, as well as violence against women and children.

 

 

 

In her briefing, Ms. Pansieri said that the OHCHR team in Iraq continues to gather strong evidence that serious violations of international human rights and humanitarian law have been committed in areas under the control of ISIL and associated groups.

 

 

 

This includes targeted killings, forced conversions, abductions, slavery, sexual and physical abuse and torture, and the besieging of entire communities on the basis of ethnic, religious or sectarian affiliation. Mosques, shrines, churches, and other religious sites and places of cultural significance have also been deliberately destroyed, she reported.

 

 

 

“The effect of the ongoing conflict on the children of Iraq has been catastrophic,” said Ms. Pansieri, noting that many have become direct victims of the conflict, while others have been subjected to physical and sexual abuse, whose scars may remain with them throughout their lives.

 

 

 

“Children belonging to ethnic and religious communities targeted by ISIL have endured particularly extensive violations of their rights,” she added.

 

 

 

Christian, Yezidi, Turkmen, Shabak, Kaka'e, Sabaeans and Shi'a communities have been targeted through “particularly brutal persecution,” as ISIL has ruthlessly carried out what she said may amount to ethnic and religious cleansing in areas under its control.

 

 

 

“The full extent of casualties is difficult to determine. Many have been killed directly; others have been besieged and deprived of food, water or medication,” she stated.

 

 

 

Ms. Pansieri also voiced concern at the situation of civilians who remain in areas under ISIL control, particularly in cities such as Fallujah, Ramadi, Tikrit, Tal Afar and Mosul.

 

 

 

“Their living conditions are intolerable. Medical facilities lack medicine and basic supplies, and health sector employees have not received a salary for months. Reports indicate a near-total breakdown in rule of law and an increase in criminality in Mosul and other cities. This insecurity compounds the difficulty for the civilian populations to access essential services.”

 

 

 

OHCHR has also received reports that in recent months the Iraqi Security Forces (ISF) and anti-ISIL armed groups have perpetrated violations of human rights and humanitarian law that may amount to war crimes, the official noted.

 

 

 

“I am profoundly concerned at the grave impact the current conflict is having on civilians, including children and people from Iraq's ancient and diverse ethnic and religious communities. Systematic and intentional attacks on civilians may constitute war crimes and crimes against humanity. Individuals, including commanders are responsible for these acts.”

 

 

 

Leila Zerrougui, the Secretary-General's Special Representative for Children and Armed Conflict, told the Council that the most reported violation by ISIL was the killing and maiming of children: 693 child casualties have been reported since the beginning of the year.

 

 

 

There are also reports – both verified and as-yet unverified – of children, especially young boys, being executed by armed opposition groups, including ISIL; of schools and hospitals being destroyed; and of young girls from minority groups being abducted for the purposes of sexual violence and forced marriage.

 

 

 

“The images that we see through media reporting of indiscriminate and brutal killings of civilians, including children is deplorable,” she stated.

 

 

 

“While violations against children have sadly been a consequence of the instability in Iraq over the years, the impact of the armed violence on children has reached unprecedented levels during the current crisis.”

 

 

 

Of grave concern, she noted, are the continued reports on child recruitment and use. Children continue to be recruited by armed opposition groups, including ISIL and affiliated entities, and used as informants; for patrolling and for manning checkpoints, and in some cases as suicide bombers.

 

 

 

Also briefing the Council was Chaloka Beyani, the Chairperson of the Coordination Committee of Special Procedures and Special Rapporteur, who noted that an estimated 1.5 million Iraqis had been internally displaced to date and over the past weeks over 250,000 members of religious groups had been forced to flee their homes. The international community must be prepared for a rapid escalation in the humanitarian crisis as the conflict continues, he added.

 

 

 

Mr. Beyani stated that the Coordination Committee of the Special Procedures joined their voices to those who stressed that atrocities by ISIL currently ongoing in Iraq appear to amount to war crimes and crimes against humanity and reveal a risk of genocide.

 

 

http://www.un.org/apps/news/story.asp?NewsID=48610&Cr=Iraq&Cr1=#.VATI4VCsjvY

 

http://webtv.un.org/watch/1st-meeting-22nd-special-session-of-human-rights-council/3761432046001

Edited September 1, 2014 by Butifldrm

[Nadita]

 

Good questions Nadita,  I don't believe they have paid this debt because the articles which have come out over the past few days elude to this fact. As far as how much debt they owe in Paris club debt is hard to find.  The CBI has not updated their site on Paris Club debt since 2012.  One of the last articles I could find referring to this debt is from March of this year.

 

  

 

 

 

Buti

 

I feel like watching soap opera and the plot gets thicker and thicker lol.. I don't think we will know the whole truth about Iraq and what's going on there.  But I can only wonder and wander in the dinar land to read in between the lines and drawing my conclusion of what's happening there.. it seems they are also a master of maneuver when things don't go their ways  only time will tell the outcome of our journey.  I feel like no matter what they want to conceal, the train is going fast to the end.. we just have to wait for the impact  reading all news, it seems like all heading to one direction for rv but who knows what would be thrown to derail or halt the move.  If we say it's close, always something comes up.. if we think far, suddenly it approaches quick lol 

[Butifldrm]

Both sides guilty of atrocities in Iraq fight: U.N. debate

Mon, Sep 1, 20140 Comments

Enlarge

By Stephanie Nebehay

GENEVA (Reuters) – Islamist fighters have carried out atrocities on “an unimaginable scale” in months of fighting with Iraqi forces who have also killed detainees and shelled civilian areas, a U.N. official said in an emergency debate on the conflict on Monday.

Iraq’s human rights minister, Mohammed Shia’ Al Sudani, told the session that Islamic State militants, “oozing with barbarity”, threatened his country and the world, but did not immediately respond to allegations against state troops.

Islamic State has grabbed large areas of Iraq and neighboring Syria, declaring a cross-border caliphate and driving hundreds of thousands from their homes. At least 1,420 people were killed in Iraq in August alone, U.N. figures showed on Monday.

The one-day session, called by Iraq with the support of allies including the United States, is expected to agree to Baghdad’s request to send a team of U.N. experts to investigate crimes committed in the conflict.

There is “strong evidence” Islamic State and allied groups have carried out targeted killings, forced conversions, sexual abuse and torture in Iraq, U.N. Deputy High Commissioner for Human Rights Flavia Pansieri said, opening the debate in Geneva.

“The reports we have received reveal acts of inhumanity on an unimaginable scale,” she told the U.N. Human Rights Council, on its first meeting about the latest surge in violence. She later told Reuters she was referring to Islamic State.

Iraqi government forces and police had also committed acts that may amount to war crimes, Pansieri said.

“Systematic and intentional attacks on civilians may constitute war crimes and crimes against humanity. Individuals, including commanders, are responsible for these acts,” Pansieri said, referring to crimes committed by both sides.

 

“BURNED ALIVE, BEHEADED”

Pansieri said she was particularly worried about the persecution of Christians, Yazidis, Shia, Turkmen and other ethnic groups by Islamic State forces that have swept through western and northern Iraq.

“These communities have lived side by side, on the same soil, for centuries and in some cases for millennia,” she added. Such “ethnic and religious cleansing” may amount to crimes against humanity, Pansieri added.

Iraqi police have also executed detainees in Tal Afar and government-allied militias opened fire on a mosque in Khanaqin district northeast of Baghdad killing 73 men and boys, she said.

Iraqi soldiers have shelled towns and carried out air strikes near Kirkuk, Falluja, and Salahuddin, killing and injuring many dozens of civilians, she added.

Iraq’s human rights minister Mohammed Shia’ Al Sudani told the session Islamic State was threatening the makeup of his country.

“The land of ancient Babylon is subjected to threats starting to its very independence, they are attempting to change its demographic and cultural composition,” he said in Arabic.

Islamic State was not just a problem for his country, he added. “It is a trans-national phenomenon that poses an imminent danger to all countries of the world, it defies all human rights principles and international law.”

The U.S. ambassador to the rights forum, Keith Harper, urged Iraq’s Prime Minister designate Haider al-Abadi to set up a multi-ethnic government that would investigate all allegations against government forces and “terrorist groups”.

“The stories that have emerged from ISIL’s (Islamic State’s) bloody assault on Iraq are the ones of nightmares. Christians and others have been driven from their homes with the threat of ‘convert or die’,” Harper said.

“The Yazidis have been buried alive, beheaded or killed in mass executions,” he said.

Western and Gulf countries denounced Islamic State abuses. “This organization has nothing to do with Islam, even if they carry the name,” said Kuwait’s ambassador Jamal Al-Ghunaim.

But Russia and its ally Syria blamed Western and Arab states for allowing the Sunni extremists to thrive in the region.

Russia had supplied arms to counter Islamic State, including Sukhoi 25 strike aircraft, Moscow’s ambassador Alexey Borodavkin said.

“ISIL acquired a huge potential: it now controls colossal financial resources that it has seized, is pursuing illegal oil trade and has a considerable arsenal of modern weaponry. All this could have been avoided if the international community had taken measures at the time to remove this cancer at an early stage of its formation,” he said.

(This story corrects the first name of the U.S. envoy in the 16th paragraph to Kei

http://www.srnnews.com/both-sides-guilty-of-atrocities-in-iraq-fight-u-n-debate-5/

Grave crimes committed on 'unimaginable scale' in Iraq, UN Human Rights Council told

Members of an ethnic Yezidi family sleep in the shade in Shekhadi village, Iraq, after fleeing Sinjar. Photo: UNHCR/N. Colt

<div class="addthis_toolbox addthis_counter_style" "="">

 

 

2

 

 

 Print

1 September 2014 – United Nations officials today urged an immediate end to the acts of violence and abuses committed against civilians in Iraq, particularly against children and people from various ethnic and religious communities, as the Human Rights Council met to discuss the ongoing crisis.

 

 

 

“The reports we have received reveal acts of inhumanity on an unimaginable scale,” Flavia Pansieri, the Deputy High Commissioner for Human Rights, said in her opening remarks to the UN Human Rights Council's special session on Iraq.

 

 

 

During the session, the Council adopted a resolution requesting the Office of the High Commissioner for Human Rights (OHCHR) to urgently dispatch a mission to Iraq to investigate alleged violations and abuses committed by the so-called Islamic State in Iraq and the Levant (ISIL) and associated groups.

 

 

 

It also condemned “in the strongest possible terms” systematic violations and abuses of human rights and violations of international humanitarian law resulting from the terrorist acts committed by ISIL and associated groups “which may amount to war crimes and crimes against humanity…”

 

 

 

The 47-member body, based in Geneva, also strongly condemned in particular all violence against persons based on their religious or ethnic affiliation, as well as violence against women and children.

 

 

 

In her briefing, Ms. Pansieri said that the OHCHR team in Iraq continues to gather strong evidence that serious violations of international human rights and humanitarian law have been committed in areas under the control of ISIL and associated groups.

 

 

 

This includes targeted killings, forced conversions, abductions, slavery, sexual and physical abuse and torture, and the besieging of entire communities on the basis of ethnic, religious or sectarian affiliation. Mosques, shrines, churches, and other religious sites and places of cultural significance have also been deliberately destroyed, she reported.

 

 

 

“The effect of the ongoing conflict on the children of Iraq has been catastrophic,” said Ms. Pansieri, noting that many have become direct victims of the conflict, while others have been subjected to physical and sexual abuse, whose scars may remain with them throughout their lives.

 

 

 

“Children belonging to ethnic and religious communities targeted by ISIL have endured particularly extensive violations of their rights,” she added.

 

 

 

Christian, Yezidi, Turkmen, Shabak, Kaka'e, Sabaeans and Shi'a communities have been targeted through “particularly brutal persecution,” as ISIL has ruthlessly carried out what she said may amount to ethnic and religious cleansing in areas under its control.

 

 

 

“The full extent of casualties is difficult to determine. Many have been killed directly; others have been besieged and deprived of food, water or medication,” she stated.

 

 

 

Ms. Pansieri also voiced concern at the situation of civilians who remain in areas under ISIL control, particularly in cities such as Fallujah, Ramadi, Tikrit, Tal Afar and Mosul.

 

 

 

“Their living conditions are intolerable. Medical facilities lack medicine and basic supplies, and health sector employees have not received a salary for months. Reports indicate a near-total breakdown in rule of law and an increase in criminality in Mosul and other cities. This insecurity compounds the difficulty for the civilian populations to access essential services.”

 

 

 

OHCHR has also received reports that in recent months the Iraqi Security Forces (ISF) and anti-ISIL armed groups have perpetrated violations of human rights and humanitarian law that may amount to war crimes, the official noted.

 

 

 

“I am profoundly concerned at the grave impact the current conflict is having on civilians, including children and people from Iraq's ancient and diverse ethnic and religious communities. Systematic and intentional attacks on civilians may constitute war crimes and crimes against humanity. Individuals, including commanders are responsible for these acts.”

 

 

 

Leila Zerrougui, the Secretary-General's Special Representative for Children and Armed Conflict, told the Council that the most reported violation by ISIL was the killing and maiming of children: 693 child casualties have been reported since the beginning of the year.

 

 

 

There are also reports – both verified and as-yet unverified – of children, especially young boys, being executed by armed opposition groups, including ISIL; of schools and hospitals being destroyed; and of young girls from minority groups being abducted for the purposes of sexual violence and forced marriage.

 

 

 

“The images that we see through media reporting of indiscriminate and brutal killings of civilians, including children is deplorable,” she stated.

 

 

 

“While violations against children have sadly been a consequence of the instability in Iraq over the years, the impact of the armed violence on children has reached unprecedented levels during the current crisis.”

 

 

 

Of grave concern, she noted, are the continued reports on child recruitment and use. Children continue to be recruited by armed opposition groups, including ISIL and affiliated entities, and used as informants; for patrolling and for manning checkpoints, and in some cases as suicide bombers.

 

 

 

Also briefing the Council was Chaloka Beyani, the Chairperson of the Coordination Committee of Special Procedures and Special Rapporteur, who noted that an estimated 1.5 million Iraqis had been internally displaced to date and over the past weeks over 250,000 members of religious groups had been forced to flee their homes. The international community must be prepared for a rapid escalation in the humanitarian crisis as the conflict continues, he added.

 

 

 

Mr. Beyani stated that the Coordination Committee of the Special Procedures joined their voices to those who stressed that atrocities by ISIL currently ongoing in Iraq appear to amount to war crimes and crimes against humanity and reveal a risk of genocide.

 

 

http://www.un.org/apps/news/story.asp?NewsID=48610&Cr=Iraq&Cr1=#.VATI4VCsjvY

 

http://webtv.un.org/watch/1st-meeting-22nd-special-session-of-human-rights-council/3761432046001

The UN web TV video conference is really good.  It'a bit long but is very detailed in the atrocities committed by both ISIL, the Iraqi Government and the push for legal ramifications for both.

[MyLadiesDaddy]

Beautiful dream, thanks again. In response to your scooter post.

"WHAT DO ALL MEN WITH POWER WANT? MORE POWER"

scene from, "The Matrix".

People, ever wonder why the world's super powers have gone to such extremes to create

within Iraq the most sophisticated banking system on earth? If money is power, then absolute

power can only be achieved through absolute control of all money. However, the scenario

to achieve such power would out of necessity be so multi faceted and complex as to

baffle the strongest of mind's. Indeed I don't think it would be a stretch to claim some

sort of spiritual guidance to achieve such power. Still it's without a doubt that to exercise

world power one MUST first control world currency. And in order to do that one MUST

create the most sophisticated banking system on earth. So integrated into every aspect

of society as to essentially force everyone into the system. Once you've achieved that

level of control, your power would be immaculate and total. World dominance would be well

within your grasp. To complete your absolute power you need to control the world's food supply.

Enter Monsanto, General Mills and Cargill.

Once you control the money and the food supply the only thing left is, "faith".

Indisputably the strongest force known to man, to achieve absolute power and total control

One MUST control people's faith. By comparison the issue of controlling the world's currency was

the simple task. And to be honest, the intricacies of how to create a one world religion

would require far more time than is allowed here. Suffice it to say one word,

"CHRISLAM". A uniting of Islam and Christianity, don't believe it? Google it. So how do you

bring the two most diametrically opposed religions under one roof? Create a spiritual

monster so hideous, so grotesque, so belligerent in it's shedding of blood as to create a unity

among all faiths in there desire to eliminate the monster and prevent it ever from

returning.

Does any of this sound familiar?

And guess what, there is this one book written 2000 + years ago that tells you all

about what is happening today. Google it.

PRAY FOR REVIVAL EVERYDAY