Turkey's Defence Minister Hulusi Akar speaks to a soldier while visiting Turkish troops on the border with Iraq. AP
Turkey's Defence Minister Hulusi Akar speaks to a soldier while visiting Turkish troops on the border with Iraq. AP
Turkey's Defence Minister Hulusi Akar speaks to a soldier while visiting Turkish troops on the border with Iraq. AP
Turkey's Defence Minister Hulusi Akar speaks to a soldier while visiting Turkish troops on the border with Iraq. AP

Iraq sets up border posts to try to prevent Turkish advance


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Iraqi troops were enforcing positions along the border with Turkey, officials said Friday, to prevent Turkish forces from advancing deeper into Iraqi territory after two weeks of airstrikes as Ankara continues to target a Kurdish group in northern Iraq.

Security officials said Ankara has established at least a dozen posts inside Iraqi territory as part of a military campaign to rout members of the Kurdistan Worker's Party, or PKK, who Turkey says have safe havens in northern Iraq.

The airborne-and-land campaign, dubbed "Operation Claw-Tiger," began June 17 when Turkey airlifted troops into northern Iraq.

Since then, at least six Iraqi civilians have been killed as Turkish jets pound PKK targets, and several villages in Iraq's northern Kurdish region have been evacuated.

The invading Turkish troops set up posts in the Zakho district in northern province of Dohuk, about 15 kilometers (9 miles) inside Iraqi territory, said the officials, speaking on condition of anonymity to discuss the military operations.

Zerevan Musa, mayor of Darkar, said there were five Turkish posts close to his town, including two on the nearby Mt. Khankiri. He said Turkish airstrikes have hit Sharanish and Banka villages in the area.

"We demand from both sides, the Turkish government and the PKK, to keep their fight away from us," said Qadir Sharanshi, a resident from Sharanshi village. He said his village has been hit several times.

Iraqi border guards erected two posts along the Khankiri range, said Brig. Delir Zebari, commander of the First Brigade of the Iraqi Border Guards, tasked with securing a 245-kilometer (153-mile) stretch of border territory.

Speaking from the brigade base, he told The Associated Press that his troops' task is to "eliminate attacks on civilians in the area."

Turkey regularly carries out air and ground attacks against the PKK in northern Iraq. It says neither the Iraqi government nor the regional Iraqi Kurdish administration have taken measures to combat the group. The recent incursion into Iraqi territory has drawn condemnation from Baghdad, which has summoned Ankara's ambassador to Iraq twice since the campaign was launched.

Turkey maintains that until the Iraqi government take actions against the PKK, it will continue to target the Kurdish group, considered a terrorist organisation by Turkey, the United States and the European Union for its decades-long insurgency within Turkey.

Turkey's latest campaign poses a dilemma for the semi-autonomous Kurdish region in northern Iraq, which relies on Turkey for oil exports through a pipeline running from Iraq's Kirkuk province to the Turkish port of Ceyhan.

Kaiwan Kawa, a 30-year-old store owner displaced with his family from the area, said a Turkish airstrike last month struck his mini market in the village of Kuna Masi in Sulaymaniyah province. The airstrike targeted a pickup truck with PKK members who had stopped by his store to buy some eggs. At least one of the fighters was killed, his body torn to pieces, Kawa said.

Mr Kawa's wife, Payman Talib, 31, lost a leg in the bombing while their 6-year-old son, Hezhwan, had shrapnel wounds to the head. Doctors say it's too dangerous to remove the shrapnel.

Mr Kawa said he had opened the shop just a month before. Now he can never go back.

"I will always carry the fear in my heart," he said. "It will never be the same."

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

Fight card

1. Featherweight 66kg: Ben Lucas (AUS) v Ibrahim Kendil (EGY)

2. Lightweight 70kg: Mohammed Kareem Aljnan (SYR) v Alphonse Besala (CMR)

3. Welterweight 77kg:Marcos Costa (BRA) v Abdelhakim Wahid (MAR)

4. Lightweight 70kg: Omar Ramadan (EGY) v Abdimitalipov Atabek (KGZ)

5. Featherweight 66kg: Ahmed Al Darmaki (UAE) v Kagimu Kigga (UGA)

6. Catchweight 85kg: Ibrahim El Sawi (EGY) v Iuri Fraga (BRA)

7. Featherweight 66kg: Yousef Al Husani (UAE) v Mohamed Allam (EGY)

8. Catchweight 73kg: Mostafa Radi (PAL) v Ahmed Abdelraouf of Egypt (EGY)

9.  Featherweight 66kg: Jaures Dea (CMR) v Andre Pinheiro (BRA)

10. Catchweight 90kg: Tarek Suleiman (SYR) v Juscelino Ferreira (BRA)

COMPANY%20PROFILE
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Simran

Director Hansal Mehta

Stars: Kangana Ranaut, Soham Shah, Esha Tiwari Pandey

Three stars

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What to watch out for:

Algae, waste coffee grounds and orange peels will be used in the pavilion's walls and gangways

The hulls of three ships will be used for the roof

The hulls will painted to make the largest Italian tricolour in the country’s history

Several pillars more than 20 metres high will support the structure

Roughly 15 tonnes of steel will be used

How to invest in gold

Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.

A cheaper and more straightforward way to benefit from gold price growth is to buy an exchange-traded fund (ETF).

Most advisers suggest sticking to “physical” ETFs. These hold actual gold bullion, bars and coins in a vault on investors’ behalf. Others do not hold gold but use derivatives to track the price instead, adding an extra layer of risk. The two biggest physical gold ETFs are SPDR Gold Trust and iShares Gold Trust.

Another way to invest in gold’s success is to buy gold mining stocks, but Mr Gravier says this brings added risks and can be more volatile. “They have a serious downside potential should the price consolidate.”

Mr Kyprianou says gold and gold miners are two different asset classes. “One is a commodity and the other is a company stock, which means they behave differently.”

Mining companies are a business, susceptible to other market forces, such as worker availability, health and safety, strikes, debt levels, and so on. “These have nothing to do with gold at all. It means that some companies will survive, others won’t.”

By contrast, when gold is mined, it just sits in a vault. “It doesn’t even rust, which means it retains its value,” Mr Kyprianou says.

You may already have exposure to gold miners in your portfolio, say, through an international ETF or actively managed mutual fund.

You could spread this risk with an actively managed fund that invests in a spread of gold miners, with the best known being BlackRock Gold & General. It is up an incredible 55 per cent over the past year, and 240 per cent over five years. As always, past performance is no guide to the future.