Monthly Archives: May 2016


Monday Night 05-30-2016 CC Notes….enjoy   Aloha   Randy.*** The comments made by Frank26, Delta and others are their sole OPINIONS and cannot and should not be used as any form of financial, tax, banking or investment advice! We offer NO DATE, NO RATE on this forum!!! ***CC Notes for Monday May 30, 2016Frank26:  It is time to talk about our investment, everything I am about to share with

Reposted: Dr. Clarks Last Update: 5/19/2016

Reposted:  Dr. Clarks Last Update: 5/19/2016 DR. CLARKE: We indicated a few weeks ago that “All Hell was about to break loose in Iraq”, and it did exactly that.Then, we indicated a couple weeks ago that things were about to “Explode in Iraq”, and it is, as we speak.NEXT, look for a New Major Official Announcement to the World, to come out of Iraq very soon.In order for this New Official

Iraq Boosts Oil Exports ahead of OPEC Meeting

By John Lee.

Iraq plans to supply an additional 5 million barrels of crude oil to its partners in June, according to industry sources cited by Reuters.

The country joins other Middle East producers in attempting to increase market share ahead of an OPEC meeting in Vienna later this week.

Iraq had already been targeting record crude export volumes from southern terminals next month of 3.47 million barrels per day.

The State Oil Marketing Organization (SOMO) has allocated 5 million more barrels of Basra Light grade to partners including PetroChina, Eni and Lukoil, with which Iraq has technical service contracts (TSCs).

An industry source said the additional oil was given “because of the pressure from the TSC contractors“.

The additional supplies come from an expansion of the Luhais and Artawi fields in southern Iraq.

(Source: Reuters)

Charity’s Recipe for Helping Iraq’s IDPs

An appeal to provide vital food supplies to thousands of Iraq’s Internally Displaced People (IDPs) is being launched by the AMAR International Charitable Foundation.

Iraq now has 3.4 million IDPs and many families are going hungry, struggling to cope with the loss of their homes and livelihoods after being forced to flee following the Daesh/ISIS invasion.

The Ramadan Meal Appeal will run through the holy month when Muslims traditionally donate to charity.  This year though, AMAR hopes to attract not just support from the Islamic Community but help from people of all faiths around the world.

They’ve teamed up with top British-Iraqi chef, Philip Juma, and are asking people to host their own #MyBaghdadKitchen sponsored meal event in their homes.

Philip, the man behind JUMA Kitchen, has designed a series of recipes to ensure everyone has the chance to cook and enjoy the finest and most delicious Iraqi food.

The whole idea is to raise money for an incredibly important cause, but we wanted people to also have a bit of fun doing it, and what better way than serving up an Iraqi feast?” said Philip.

Anyone who wants to take part just needs to click on and download the free #MyBaghdadKitchen toolkit. It includes lots of recipes, bunting, placemats and a collection box. We’d love everyone to give it a go, whether it’s for a Ramadan Iftar meal after the sun goes down, a garden BBQ or to replace the traditional British Sunday lunch,” he added.

The Chairman of the AMAR Foundation, Baroness Nicholson of Winterbourne, says the charity’s traditional Ramadan appeal has become even more important this year.

There are almost three and a half million Iraqi people that are now refugees in their own country.  Their lives have been shattered by Daesh/ISIS.  These poor people now call a tent, an old building, or a relative’s floor their home.  Their savings are running out and it’s a struggle every day to find food, clean water, medicine and even clothes,” explained the Baroness.

She added: “Hundreds of thousands are barely able to survive and are going hungry on a regular basis.  We hope people of all faiths will really want to help by raising as much as they can this Ramadan to buy food boxes which our team on the ground will deliver directly to as many people as we can, right across Iraq.  With just £25, AMAR can feed an entire family for a week.

Founded by Baroness Nicholson 25 years ago, AMAR is now the leading NGO in Iraq and helps rebuild and improve the lives of the country’s poorest and underserved people. Since the Daesh invasion of summer 2014 its teams have been delivering emergency medical and educational support to hundreds of thousands of IDPs.

For more information on the appeal or requests for interviews, please contact either or or ring on + 44 207 799 2217.

(Source: AMAR)

Coalition Strikes Target ISIL Terrorists in Syria, Iraq

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

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

Strikes in Syria

Attack, fighter, ground attack and remotely piloted aircraft conducted 11 strikes in Syria:

  • Near Raqqah, a strike destroyed an ISIL oil pumpjack.
  • Near Manbij, nine strikes struck two separate ISIL tactical units and an ISIL improvised explosive device factory and destroyed 26 ISIL fighting positions, an ISIL mortar position, two ISIL vehicles, an ISIL supply cache and three ISIL tunnels.
  • Near Washiyah, a strike struck an ISIL weapons production factory.

Strikes in Iraq

Bomber, fighter, ground attack and remotely piloted aircraft and rocket artillery conducted 13 strikes in Iraq, coordinated with and in support of Iraq’s government:

  • Near Baghdadi, a strike struck an ISIL bed-down location and an ISIL weapons cache.
  • Near Albu Hayat, a strike struck an ISIL weapons cache.
  • Near Fallujah, three strikes struck three separate ISIL tactical units; destroyed five ISIL fighting positions, five ISIL vehicles, an ISIL heavy machine gun, three ISIL heavy machine gun positions, two ISIL recoilless rifles and an ISIL mortar system; and denied ISIL access to terrain.
  • Near Hit, a strike struck a large ISIL tactical unit; destroyed two ISIL fighting positions, an ISIL anti-air artillery piece, an ISIL vehicle and two ISIL weapons caches; and suppressed an ISIL machine gun position.
  • Near Mosul, three strikes struck three separate ISIL tactical units; destroyed two ISIL fighting positions, eight ISIL assembly areas, five ISIL vehicles, an ISIL command-and-control node, an ISIL vehicle bomb facility, three ISIL vehicle bombs and an ISIL heavy machine gun; suppressed an ISIL mortar position and an ISIL light machine gun position; and denied ISIL access to terrain.
  • Near Sultan Abdallah, a strike struck a large ISIL tactical unit and destroyed an ISIL vehicle, two ISIL assembly areas, an ISIL mortar system, three ISIL supply caches and an ISIL IED factory.
  • Near Tal Afar, three strikes struck an ISIL tactical unit.

Task force officials define a strike as one or more kinetic events that occur in roughly the same geographic location to produce a single, sometimes cumulative, effect. Therefore, officials explained, a single aircraft delivering a single weapon against a lone ISIL vehicle is one strike, but so is multiple aircraft delivering dozens of weapons against buildings, vehicles and weapon systems in a compound, for example, having the cumulative effect of making those targets harder or impossible for ISIL to use. Accordingly, officials said, they do not report the number or type of aircraft employed in a strike, the number of munitions dropped in each strike, or the number of individual munition impact points against a target.

Part of Operation Inherent Resolve

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

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

(Source: US Dept of Defense)

Baghdad on High Alert following Recent Bombings

By Mustafa Saadoun for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.

May 17 was another bloody day for Baghdad. Terrorists targeted Sadr City in eastern Baghdad, al-Shaab district in northern Baghdad and al-Rasheed neighborhood in southern Baghdad with explosive belts and car bombs, killing and wounding 162 people.

On May 11, blasts targeted Shiite-majority Sadr City, which is inhabited by supporters of Sadrist movement leader cleric Muqtada al-Sadr, killing nearly 100 people and wounding 170.

The tragic events that occurred in a short period in Baghdad at the hands of the Islamic State (IS) showed that security agencies are still unable to protect its citizens and anticipate IS attacks, despite previous experiments, warnings and expectations.

Security officials did not attribute the bombing to their ineffectiveness, but rather to sleeper cells in the capital and other Sunni-majority areas of the Baghdad Belt, which are regions surrounding the capital that they described as a safe haven for terrorist organizations and possibly the primary source of terrorists carrying out the bombings.

Currency Auction Results, 31st May

By John Lee.

The Central Bank of Iraq (CBI) has reported that 29 banks and 18 remittance companies took part in its currency auction on Tuesday.

A total of $134,305,728 sold at a price of 1182 Iraqi Dinars (IQD) per dollar.

(Source: Central Bank of Iraq)