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In the recent activities, the ISIS militants attacked Iraqi post at Iraq-Syrian border and killed more than 30 soldiers of Iraq security forces. Initial report shows that the militants attacked from both sides of post, Syria and Iraq and due to this attack the transportation of people including militant s have become free.

Iraq has never come out of its war state, although troops appear to be withdrawn from the country. The world war is over in Iraq, but there are other ways of hidden wars that Iraq is still facing. Those problems include uncertain conditions of security, weak government, dwindling state of elections, imbalanced budget and many such problems. Recently, Iraq faced several suicide attacks in various parts of the country. This is going to impact badly the current condition of the country.

The gold prices in Asia rose after the rebel attack on the two major cities of Iraq. The rebels got the control of these major cities and started attack on the security forces. These major cities are rich in the oil production therefore it is considered as a big loss for Iraq and its economy.

The economy of Iraq is not going down as some of the people were expecting when Islamic Militants attacked through the Northern areas of Iraq. Most of the people considered Maliki's administration for this security crisis in Iraq.

Iraq officially requested USA for air strikes on the specific camps of Islamic militants in the different cities of Iraq that are under the control of these militants now. Along with many other available options USA is also looking for drone attacks in Iraq against Islamic Militants of ISIS.

The condition of the security is getting worse in Iraq as there are suicide bomb attacks every other day. As an estimate, there were only three suicide attacks in November 2013, which has increased to 50 in this year. Like every factor, this security factor has also effected the revaluation and stability of the currency, but this is alone not responsible for the delay in revaluation.

The policemen and soldiers are killed in these cities in the large number and those who survived escape in the city or ran away in the other cities of Iraq. According to report more than 4000 soldiers were killed in these cities in the counter attacks made by militants in the different areas of these cities.

The government of Iraq requested United States of America for air strikes on Sunni Militants marching towards Baghdad. Noor Al Maliki said that these militants are big threat for America and Europe; therefore it is in favor of US to attack these militants. Noor Al Maliki is disappointed with the latest news from all over the country of the control of Islamic Militants over numbers of important cities of Iraq, including one of biggest oil refinery of Iraq in Baiji.

The crude oil is the backbone of the economy of Iraq. More than 90% of Iraq economy is depended on the production and export of crude oil in the international market. Unfortunately, Iraq could not balance between oil and non oil sector of Iraq. Now the attacks on major cities of Iraq destroyed the oil industry of Iraq badly and the oil production and export of Iraq is almost half in the international market.

The people of Iraq came out of their homes for change and cast their votes in the favor of Iraq. Number of terrorist attacks were reported at different polling stations of Iraq and resulted in several causalities. But nothing could stop the people of Iraq and a healthy turnover was reported in this election.

In the early 60s, Iraq was a powerful economy and its currency was dominating international market. Each dinar was worth $3 plus. The condition would have not go worst if Iran had not attacked the country.

Iraqi Dinar 123 News:- Despite the suspension of the export across the line of Kirkuk, the export of the oil and increased for the month of April, said Assem Jihad the spokesman of the ministry of oil. The Kirkuk pipelines were damaged in terrorist attack and the supply through Kirkuk province was badly damaged.

Iraqi Dinar 123 News:- After remaining at boom in the Asia and other developing countries, the oil prices decreased in the international market more than 1%. In the beginning the prices were increased in the global market due to sudden changes in Iraq when militants attacked Iraq.