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Dinar Updates Monday Late AM Chat 10-17-16 Part 3 of 3
loop says(): The CBI also managed to retain foreign cash reserves up to $ 50 billion because of falling world oil prices and the conditions of economic recession. However, the form of Secretary of the Iraqi dinar cover to cover trade up to a six-month period and is globally certified standard rate.
This marks a clear fact that the CBI has been able efforts and clear over the past two years to boost the tally of foreign exchange in the bank lockers in foreign banks and reserves of gold in Baghdad and abroad well commensurate with the oil prices and developments on the local and regional scene.
It must be noted here that the big role played by the Iraqi banking system as a tool of monetary policy implemented by planned by and oversees the implementation of the Central Bank of Iraq, which constitutes the basic wheel in the financing and management process of economic development and attracting investment Iraqi, Arab and foreign.
Despite what indicated by studies and official reports issued by international organizations and the Central Bank of Iraq that the Iraqi banking sector, because of the challenges it faces, did not contribute requested contribution to the economic development over the past above despite its evolution rates growing since 2003 until 2014, in terms of total assets and capital funds have evolved and Odaiah and its credit cash granted and capital adequacy in terms of total assets developed by (8 percent) in 2014 compared to 2013 as cash credit extended to the development of 28 percent for 2014 compared to 2013.
the registered capital and deposits growth rates (13 percent) and (23 percent ), respectively , which is a positive indicator of the important role played by the banking sector in sustainable development.
(*) banking expert, member of the World Union of Arab bankers
Copyright Network Iraqis economists. Allowed to re-publication, provided that the source
rcookie says():US air strikes pound Libya's Sirte to oust Islamic State militants
Smoke rises following an air strike as Libyan forces allied with the U.N.-backed government gather after they captured a new area from Islamic State militants in Sirte, Libya, October 16, 2016. REUTERS / Ismail Zitouny
Smoke rises following an air strike as Libyan forces allied with the UN-backed government gather after they captured a new area from Islamic State militants in Sirte, Libya, October 16, 2016. REUTERS / Ismail Zitouny SIRTE, Libya US aircraft hit Islamic State targets with more 30 strikes over the last three days on the Libyan city of Sirte as pro-government forces push into its last militant-held districts, the US military said on Monday.
Libyan forces are close to ending a six-month campaign to liberate Sirte from Islamic State, which took over the city more than a year after taking advantage of factional infighting that emerged after the fall of strongman Muammar Gaddafi in 2011.
Forces mostly from nearby Misrata city are pushing ahead street by street, facing snipers and suicide bombers. They are helped by US air strikes since August and coordination with small teams of Western special forces on the ground.
On Sunday, Libyan forces recaptured the city's Cambo area, and swept out tunnels used by militants to hide and prepare ambushes, and seized a field hospital. They found charred bodies of militants hit by air strikes.
A Reuters reporter at the scene said they also came across booby traps using grenades and rocket shells.
"At the moment, the forces are preparing to enter Ghiza Bahriya district," Rida Essa, media official with the pro-government forces, said.
US aircraft carried out 36 strikes from Friday to Saturday mostly on enemy fighting positions but also on a car bomb, according to a US Africa Command statement on Monday.
The loss of Sirte would close down Islamic State's main stronghold in North Africa and its only base outside Iraq and Syria, just as the militant group comes under pressure in the Iraqi city of Mosul.
Islamic State steadily imposed control on Sirte a year ago, and used the city as a base to launch attacks on oilfields and ports as well as to target checkpoints in nearby Misrata.
Since Gaddafi's fall in a war in 2011, Libya has slipped steadily in the fractional fighting among brigades of former rebels who first battled the strongman and then turned against each another. Islamic State profited from the security vacuum.
The Misrata forces leading the Sirte campaign back a UN-supported government in Tripoli that is trying to bring the rival factions together. But the Sirte campaign has also prompted moves by eastern commander Khalifa Haftar, who rejects the Tripoli government, to extend his influence.
(Reporting by Hani Amara and Ismail Zitouny in Sirte and Ahmed Elumami in Tripoli; Writing by Patrick Markey; Editing by Tom Heneghan)
loop says():Federal police chief announces the seizure of 10 Katyusha rockets south of Mosul
6:27:40 p.m. 17/10/2016 | (Voice of Iraq) - Baghdad announced federal police captain Raed Shakir Jawdat, on Monday, killing three members of the organization "Daesh" and the seizure of 10 Katyusha rockets and a motorcycle loaded with Baknabr mortar in Najma area south of the city of Mosul.
He said Jawdat in a statement that " the federal cuts killed Thelah Doaash capturing a moving mortar and destroyed a detachment mortar in the village of the star. "
said Jawdat, it was" the seizure of 10 Katyusha rockets and platform launch in Najma area, grab a mortar 120 motorcycle loaded with Baknabr mortar planting improvised in the star zone. "
declared General commander of the armed forces , Prime Minister Haider al - Abadi, in the early hours of Monday morning , October 2016 17, the start of liberalization city of Mosul operations from the grip of the "Daesh , " while the security forces have made progress in more than one axis of the liberation of the city process.
loop says): Go mobile networks aggressively to Mosul and the provision of free calls is the number 153 to cooperate with security forces
The news agency Buratha 43 17/10/2016 A security source in Nineveh province, on Monday, that the mobile phone networks came back "strongly" to the city of Mosul after stopped by organizing "Daesh" earlier, while noting the provision of free calls to cooperate with the security forces.
The source said that "Zain, Asia and Cork networks returned to service in the city of Mosul and cover the strong."
The source, who asked not to be named, said: "Military Intelligence provided free of charge to the people of Mosul, a phone so they could from which to provide the Directorate with information on the movements of Daesh terrorist and his works within the city," indicating that "the figure is 153, with a secret to ensure the caller."
loop says():Free phone number to report location of Daesh members!!
loop says():"what happened today made Mubarak's security forces and the flight of the elements Daesh and disagreements within the terrorist organization, exceeded expectations and possibilities."
1bobby says to loop():(y)
SRW says to loop():911 whats your emergency? Ya bomb that big yellow builing with the red door. See those goons standing on the roof with heads covered? Take em out please... Got more info if you want... Let me get out of here first though.. I just live two streets down!! Give me five minutes and I'll be outta here!! :D
1bobby says to SRW()::D
loop says to SRW()::D
Pensacola27 says():Hello Papa Hi Hijib I want 2 meat lovers pizzas with no ham or bacon.
1bobby says to Pensacola27():CRAZZZZZZZZZY lol
jeffusa says to 1bobby():crazy bread is from Little Ceasars... just saying
1bobby says to jeffusa():ok there goes 1/2 a Dr Pepper thru the nose :)
SRW says to Pensacola27():Sorry, not have ham or bacon. Got goat? Want horse radish with that? :D
Pensacola27 says():Hello Papa Hi Hi jib, me forgot extra goat cheese please.
Pensacola27 says():Hello Papa Hi Hijab, you take US dollar?
SRW says to Pensacola27():I take two one hundred dollar bills, I like those new ones!! Oh, and that pretty yellow car of yours too. For two huge goat pizzas and a large clay pot of Coke!! Half price today too!! :D
1bobby says():Online Fashion Retailer Opens to Iraqi Customers
October 17, 2016 in Iraq Industry & Trade News Dubai-based online fashion retailer Elabelz has started shipping to Iraq.
According to a report from Forbes, it will “be the first pioneering player in the uncharted waters of Iraqi e-commerce market”.
The company, founded in May 2016, has reportedly developed a customized solution of delivery and payment for its clientele in Iraq, including free delivery.
CEO Nooruldeen Agha said: “Iraq was the next hot cake to put into our rapidly expanding basket … I am excited, truly excited.
“Our expansion into Iraq is a significant and ambitious milestone for ELABELZ, we are officially the world’s first international e-commerce company that directly caters to the Iraqi market.” (Source: Forbes)
1bobby says():Don’t MISS – “DU NEWS TIME” w/RCookie, Hutch & Mr White – October 18 7:30pm EST – In the CHAT ROOM!!
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