Washington will be closely watching the first post-ISIS election in Iraq this weekend. The results could be critical for US interests, Baghdad’s regional trajectory and wider geopolitics.
While the US administration has not explicitly picked a favourite in this election, its bet is on the continued security, economic and regional policies of Prime Minister Haider Al Abadi, the man who successfully rebuilt the Iraqi army and defeated ISIS.
There are various scenarios in this election, ranging from continuity, new constraints on the US or a nightmare scenario that alienates Washington’s allies, according to Randa Slim, Director of Track II Dialogues Program at the Middle East Institute.
The coalition formation when the votes are counted, rather than the immediate results of the election, are what will be crucial for Washington, Ms Slim said in a phone call with The National.
She explained the worst case scenario for the US would be if the Iranian-backed Popular Mobilization Force (PMF), the coalition that includes the feared Shiite militia known as the Hashed Al Shaabi, comes ahead with a major win.
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Iraq elections
Will Haider Al Abadi be re-elected?
military and diaspora begin casting their votes
Country readies for first polls since end of ISIS war
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If it achieves close to what Mr Abadi gets, it could emerge as a power broker to form the next government.
“They would bring Sunnis and Kurdish political forces aligned with them and deal a blow to Washington”, she said. Since 2014, the US has been betting on Mr Abadi and his moderate vision for the country.
The second worst-case scenario for Washington, though not a nightmare, would be in a narrow victory for Mr Abadi, Ms Slim argued.
In that case “he can come out on top, but not with enough majority to form a government”, she said. Such results could force the Iraqi prime minister to appease the PMF and outbid his predecessor and current vice-president, Nouri Maliki, in order to remain as Prime Minister.
Those two scenarios are very problematic for Washington because they threaten the US military’s presence in the country, would drive even Baghdad closer to Tehran, endanger gains against ISIS and do great damage to Iraq’s regional outreach to the Arab states, mainly Saudi Arabia, UAE, Jordan and Egypt.
“Mr Abadi has been able to find a middle ground in navigating relations with Iran, the US and Arab States,” said Ms Slim. This position could be at stake if the pendulum swings to pro-Iranian factions claiming victory after the vote.
The best-case scenario for the US and its allies would see Mr Abadi win by a healthy margin of victory that “allows him to form a coalition with the Hikma Coalition and the Sadrists,” in reference to the newly-formed coalition led by Shiite cleric Ammar Al Hakim and the movement of cleric Moqtada Sadr.
These leaders share with Mr Abadi his strategy to improve ties with Arab states. Mr Sadr visited Saudi and the UAE last year. Kurdish and Sunni leaders, such Barham Saleh or Salim Al Jabouri, head of Wataniya Alliance, could help Mr Abadi form a coalition government, Ms Slim suggested.
Such a result would guarantee continuity for the US policy in Iraq, an ability to maintain its troop presence and a political trajectory that does not throw Iraq into Tehran’s arms, or threaten return of ISIS by increasing disenfranchisement of the Sunnis.
There is a fear in Iraq, Ms. Slim said, that Baghdad will have to choose sides between the US and Iran after US President Donald Trump’s withdrawal from the Iran nuclear deal and amid increasing tensions with Tehran in the region.
But for the US, ensuring the defeat of ISIS, blocking its resurgence, while opening Iraq’s economic and political channels with its neighbors, will be the ultimate priorities in the post-election period.
If you go…
Emirates launched a new daily service to Mexico City this week, flying via Barcelona from Dh3,995.
Emirati citizens are among 67 nationalities who do not require a visa to Mexico. Entry is granted on arrival for stays of up to 180 days.
Premier League results
Saturday
Tottenham Hotspur 1 Arsenal 1
Bournemouth 0 Manchester City 1
Brighton & Hove Albion 1 Huddersfield Town 0
Burnley 1 Crystal Palace 3
Manchester United 3 Southampton 2
Wolverhampton Wanderers 2 Cardiff City 0
West Ham United 2 Newcastle United 0
Sunday
Watford 2 Leicester City 1
Fulham 1 Chelsea 2
Everton 0 Liverpool 0
APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
Five hymns the crowds can join in
Papal Mass will begin at 10.30am at the Zayed Sports City Stadium on Tuesday
Some 17 hymns will be sung by a 120-strong UAE choir
Five hymns will be rehearsed with crowds on Tuesday morning before the Pope arrives at stadium
‘Christ be our Light’ as the entrance song
‘All that I am’ for the offertory or during the symbolic offering of gifts at the altar
‘Make me a Channel of your Peace’ and ‘Soul of my Saviour’ for the communion
‘Tell out my Soul’ as the final hymn after the blessings from the Pope
The choir will also sing the hymn ‘Legions of Heaven’ in Arabic as ‘Assakiroo Sama’
There are 15 Arabic speakers from Syria, Lebanon and Jordan in the choir that comprises residents from the Philippines, India, France, Italy, America, Netherlands, Armenia and Indonesia
The choir will be accompanied by a brass ensemble and an organ
They will practice for the first time at the stadium on the eve of the public mass on Monday evening
How to play the stock market recovery in 2021?
If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.
Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.
Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.
Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).
Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal.
Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.
By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.
As demand for energy fell, the oil and gas industry had a tough year, too.
Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.
He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.”
This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”
Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
Army of the Dead
Director: Zack Snyder
Stars: Dave Bautista, Ella Purnell, Omari Hardwick, Ana de la Reguera
Three stars
The specs
Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)
Sri Lanka-India Test series schedule
- 1st Test India won by 304 runs at Galle
- 2nd Test India won by innings and 53 runs at Colombo
- 3rd Test August 12-16 at Pallekele
Polarised public
31% in UK say BBC is biased to left-wing views
19% in UK say BBC is biased to right-wing views
19% in UK say BBC is not biased at all
Source: YouGov
Pots for the Asian Qualifiers
Pot 1: Iran, Japan, South Korea, Australia, Qatar, United Arab Emirates, Saudi Arabia, China
Pot 2: Iraq, Uzbekistan, Syria, Oman, Lebanon, Kyrgyz Republic, Vietnam, Jordan
Pot 3: Palestine, India, Bahrain, Thailand, Tajikistan, North Korea, Chinese Taipei, Philippines
Pot 4: Turkmenistan, Myanmar, Hong Kong, Yemen, Afghanistan, Maldives, Kuwait, Malaysia
Pot 5: Indonesia, Singapore, Nepal, Cambodia, Bangladesh, Mongolia, Guam, Macau/Sri Lanka
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
What are the GCSE grade equivalents?
- Grade 9 = above an A*
- Grade 8 = between grades A* and A
- Grade 7 = grade A
- Grade 6 = just above a grade B
- Grade 5 = between grades B and C
- Grade 4 = grade C
- Grade 3 = between grades D and E
- Grade 2 = between grades E and F
- Grade 1 = between grades F and G