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SocalDinar

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  1. Shoot This Penny stock is going crazy!!!!!!!!! Its at .019 today! https://finance.yahoo.com/quote/tggi/
  2. Iraq Remains Biggest Petroleum Opportunity, Petrel Resources Says -- Commodity Comment Published: Sept. 22, 2021 at 4:43 a.m. ET By Jaime Llinares Taboada Iraq remains the biggest petroleum opportunity today, Petrel Resources says. The London-listed company, which last year submitted a proposal to develop an oil field in Iraq, says the biggest challenge in the country is outdated contracts and fiscal terms. Here's what Petrel had to say as it reported first half accounts: On Iraq's oil market: "Despite much-publicized challenges, Iraq remains the biggest commercial opportunity in petroleum today. The geology is unsurpassed. The oil market is sharply recovering. But contracts must be updated for effective exploration and development." "2021 was a moment of truth for companies prepared to invest in Iraq. Some western majors, ignorant of prevailing circumstances, had bid over-optimistically on service contracts from 2009, and then found it hard to operate effectively." "Others, including TotalEnergies and Chinese NOCs, have re-committed themselves given the large opportunity. Iraq is not for the faint of heart, but there is considerable upside to be realized provided the elected government implements necessary reforms." "For several years after the 2003 Iraqi invasion, there was a perception that contractors close to western governments, and later super-majors, would dominate Iraqi oil exploration and development. Iraqis had other ideas, however: they want partners, rather than bosses." "The biggest challenge facing Petrel in this new era is not operating conditions, access to technology or community relations. The biggest challenge facing agile industry players is outdated contracts and fiscal terms that were designed during boom years." On Petrel's operations in Iraq: "Petrel has also been asked, by an Iraqi group, to evaluate minerals opportunities that may become economically and legally viable following the expected passage of legislation." "At the invitation of Iraqi government officials in 2020, Petrel submitted a proposal to develop the Merjan oil field, in accordance with applicable laws and the Iraqi Model Contract. This builds on the Technical Cooperation Agreement (TCA), conducted by Petrel in 50% cooperation with partner Itochu, from 2004." https://www.marketwatch.com/story/iraq-remains-biggest-petroleum-opportunity-petrel-resources-says-commodity-comment-271632300220
  3. Iraq advances in prosperity index as economic reforms bear fruit The country ranks 137 on the Legatum Prosperity Index 2020, up from 142 in 2010, with other economic indicators also improving Iraqis buy traditional tannoor flat bread at a bakery in the capital Baghdad on September 10, 2021. The country improved its rankings on the Legatum global index over the past decade. AFP Deena Kamel Sep 20, 2021 Iraq has climbed the ranks on various economic indicators over the past decade as the government's fiscal reforms aimed at ensuring stability bear fruit, according to the 2020 Legatum Prosperity Index. Iraq rose five places to 137th position out of 167 countries in 2020, up from 142nd place in 2010 when it was one of the least prosperous countries, the index shows. It scored higher for its open economy – particularly economic quality, market access and infrastructure – as well as social inclusion, although its people empowerment fell by one spot. "Prosperity is far more than wealth; it is when all people have the opportunity and freedom to thrive. Prosperity is underpinned by an inclusive society, with a strong contract that protects the fundamental liberties and security of every individual," the Legatum Institute's report said. "It is driven by an open economy that harnesses ideas and talent to create sustainable pathways out of poverty. And it is built by empowered people, who contribute and play their part in creating a society that promotes well-being," the UK-based think tank said. The World Bank estimates Iraq's economy will grow 1.9 per cent this year, and expand 6.3 per cent over the next two years, on the back of rebounding oil prices and rising Opec+ production quotas. Non-oil GDP is forecast to recover in 2021, growing by 5.5 per cent. The Legatum Prosperity Index, now in its 14th year, assesses how well countries promote the economic and social well-being of their residents in three domains: inclusive societies, open economies and empowered people. Iraq's score rose for two out of these three overarching categories that determine a country's prosperity performance. The country rose three notches in the inclusive society category, which includes sub-divisions of safety and security, personal freedom, governance and social capital. It jumped seven ranks in the open economy category, which includes sub-divisions of the investment environment, enterprise conditions, market access and economic quality. However, it dropped one rank in the people empowerment category that includes measures of living conditions, health, education and natural environment. . Iraq is poised to attract significant foreign investment into its energy sector, in tandem with expected higher revenues following the Opec+ decision to raise output that will help strengthen its weak fiscal position. Baghdad is a founding member of Opec and the group's second-largest producer, "The recent recovery in oil prices provides an opportunity to push ahead with reforms," the World Bank said in its Spring 2021 Iraq Economic Monitor. "With oil prices trending above the US$60/barrel, Iraq could engage actively on the white paper reforms and use those windfalls to soften the potential repercussion of those reforms." The country's economic outlook hinges on global oil market prospects, the implementation of reforms and the evolution of the Covid-19 pandemic, the Washington-based lender said. The Covid-19 crisis, combined with a decline in oil revenues last year from low global demand and Opec+ output cuts, dealt a severe blow to the country's rentier economy. Like many countries affected by the pandemic, Iraq's economy contracted 10.4 per cent in 2020 after growing 4.5 per cent the previous year, according to the World Bank. Iraq’s economy is expected to return to pre-pandemic economic growth levels by 2024, according to the International Monetary Fund. Iraq has begun taking much-needed steps towards ensuring future economic stability. The Central Bank of Iraq devalued the currency by about 23 per cent against the US dollar in December – a move the IMF expects to help reduce external imbalances and preserve foreign exchange reserves. The draft 2021 budget is intended to cut the fiscal deficit through various measures to raise non-oil revenue and contain the unsustainable expansion of pension bills and government wages, the IMF said. In July, Moody’s Investors Service affirmed the Caa1 long-term non-investment grade rating of Iraq and maintained its stable outlook. Meanwhile, Denmark topped the global index, with European nations dominating nine of the top 10 spots and New Zealand coming in at 7th place. The UAE maintained its position as the most prosperous Arab nation for the 14th year in a row. The Emirates scored highly for its open economy, particularly its enterprise conditions, market access and infrastructure, putting the nation in 42nd position out of 167 countries. https://www.thenationalnews.com/business/2021/09/20/iraq-advances-in-prosperity-index-as-economic-reforms-bear-fruit/
  4. How's it Going Rock? You are right! They are not immune to Dutch disease. They do need to ramp up other economic sectors if they want to prosper. And their culture of mediocrity hinders any economic progress too.
  5. Thanks Howie, First I've seen of this. The FED is the worlds largest Ponzi scheme. Might be planning for a run on the money.
  6. Hope someone else got in on this.
  7. 06:55:53 2021/9/2 Englishكوردىعربي Iraq reached about 14 percent of unemployment EconomyIraqi Ministry of Planning 2021-09-02 03:34 A-AA+ Shafaq News/ The Ministry of Planning announced, on Thursday, that it will conduct a new survey of unemployment in Iraq. Ministry spokesperson Abdul-Zahra Al-Hindawi said in an interview with Shafaq News Agency, "It is hoped that a new survey of unemployment in Iraq will be conducted soon," noting that "the Ministry is still dependent on previous indicators in Iraq, which showed the unemployment rate at 13.8%." He added, "The latest statistics indicate that the capital, Baghdad, had an unemployment rate of 9.3%," noting that "Al-Anbar Governorate recorded the highest unemployment rate at 32.4%, followed by Duhok Governorate at 26.4% and then Maysan Governorate by 20.4%, while the least rate was recorded in Kirkuk (6.3%), followed by Karbala (6.7%), and Basra (7.6%.) He explained that "the unemployment rate in the governorates of Kurdistan reached 17.4%, in the northern governorates 17.1%, in the central governorates, 9.7%, and in the southern governorates, 14%," pointing out that the unemployment rate in the countryside amounted to 14% and in urban areas it reached 13.2%. Al-Hindawi added, "there is no relation between poverty and unemployment in Iraq becpoverty poverty is mutlidimensional, it includes housing, income, education, and health, and a person may be unemployed, but he has housing, education and health services." He stressed that "the relation between unemployment and poverty is limited only to income.” https://shafaq.com/en/Economy/Iraq-reached-about-14-percent-of-unemployment
  8. 15:09:05 2021/8/31 ShafaqLive Englishكوردىعربي Basra governor demands the Federal Government to allow regionalizing Iraq's economic capital Iraq NewsBasra 2021-08-31 05:40 A-AA+ Shafaq News/ The Governor of Basra, Asaad al-Eidani, attributed the demands to convert the southern governorate to a region to the marginalization the Federal Government exerts against Basra, calling the latter to abide by the constitution. In his speech during the "RCD Forum 2021: Solutions" organized by the Rafidain Center for Dialogue, al-Eidani said, "the residents of Basra feel they are marginalized, despite being the economic capital of the country. For this reason, they demand regionalization." "The constitution says that the Iraqi regime is federal. It must be administered via decentralization. The Iraqi state shall be strong to force this issue." "Basra suffer from high water salinity. The Federal Government did not do anything in this regard. All the projects in this aspect are done by domestic effort." In 2019, Basra's governorate council voted unanimously in favor of regionalizing Basra, calling other governorates that intend to join the region to take the same step." The efforts to achieve this conquest have been underway since 2003. However, they hit an impasse because the Federal Government blocks the procedure. https://shafaq.com/en/Iraq-News/Basra-governor-demands-the-Federal-Government-to-allow-regionalizing-Iraq-s-economic-capital
  9. I personally will never show my ID to an officer without probable cause. And I will not answer any questions either. Sad truth is that this will hurt an industry that has been crippled by these insane lockdowns.
  10. They would need to repeal the 4th amendment in order to make that law. Not gonna happen . The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.
  11. Kind of hard to prove probable cause in a crowded restaurant full of people with cameras. I for one would show it to a restaurant owner because they are not at fault wanting to follow the rules to stay in business but no way in hell i would show it to an officer. I would rather go to jail and get in front of a judge. And of course take legal action if my rights are violated. Put your license and ID in your top pocket. Let the officer know where it is and they can take it if he is willing to violate your rights. Of course film it. Ask for a supervisor. When driving its fairly easy for them to come up with and excuse for an infraction. I really hate it when the police violate parking rules especially when on their lunch breaks. I will confront them when i see this. Its not do as i say... Not as I do. I even had one officer get smart with me saying my stock truck's windows truck tint was to dark. WT heck? Pulled out my camera and starting filming. as soon as the camera came out he immediately walked away. Don't get me wrong i do respect law enforcement and thank many officers for their service. But I know my rights and will defend them against any tyrant. Eating in a restaurant is not suspicious and even if it was acting suspicious is not a crime and not probable cause If no ID is needed to vote then I sure as heck am not going to show it to eat.
  12. Police cant even ask you for an ID unless they have reasonable suspicion you have committed a crime. No way they can ask for a vaccine card legally
  13. Make sure you avoid paying Sales Tax. Here in CA if you buy $1,500.00 or more worth of precious metals you pay no sales ( use ) tax. Stay under $10,000 per day also. Otherwise it gets reported to IRS Same goes for when you sell.
  14. We cant even keep the lights on here in CA.. HAHA People will want to charge their cars at night. Solar doesn't really work well at night.
  15. Iraq lost $25 billion in transactions outside the country, MP days 2021-08-04 05:44 Shafaq News/ Iraq lost $25 billion via non-cash international transactions outside Iraq in 2020, MP Arshad al-Salehi, said on Wednesday. A statement issued by al-Salehi said, "the data disclosed by the Ministry of Planning are shocking. External transfers sought for imports amounted to $40 billion, while the goods delivered are valued at $15 billion only." "This means that fate $25 billion must be uncovered to the public opinion immediately without any hesitation," he added, "Securing the rights of the citizens and identifying corruption is a responsibility of the Iraqi Government." On August 1, the Iraqi Ministry of Planning said that Iraq's imports in 2020 ($15.4 billion) had declined drastically, compared to 2019 ($29.9 billion). https://shafaq.com/en/Iraq-News/Iraq-lost-25-billion-in-transactions-outside-the-country-MP-days
  16. TUE, AUG 3, 2021 Event Recap: A conversation with Iraqi Deputy Prime Minister and Finance Minister Ali Allawi Event Recap by Hezha Barzani IraqMiddle EastPolitics & Diplomacy On July 28, the Atlantic Council’s Iraq Initiative hosted an event with His Excellency Ali Allawi, Iraq’s Deputy Prime Minister and Finance Minister, to discuss the Iraqi delegation visit to the United States, the White Paper for Economic Reforms, and Iraqi economic and political developments. Dr. Abbas Kadhim, director of the Iraq Initiative at the Atlantic Council, moderated the conversation. Highlights of the Iraqi delegation visit to the US Allawi acknowledged that the delegation visit’s main focus was political and revolved around the future presence of US troops in Iraq. The response from Baghdad on the agreement between President Joe Biden and Prime Minister Mustafa al-Kadhimi that US combat troops will leave the country has been highly supported across the Iraqi political spectrum, Allawi said encouragingly. Allawi believes that there are great benefits in having US logistical and tactical support without combat involvement from American troops, as he believes it gives Iraq a better base of support in reducing terrorist activities in the country. On the economic front, Allawi elaborated on the extensive series of conversations he had with leading US economic institutions, particularly highlighting his meeting with US Treasury Secretary Janet Yellen, where they discussed the depth and extent of the US commitment to the Iraqi reform program. Allawi hopes that the US expands its engagement with the Iraqi economy beyond just oil, gas, and power sectors, citing consumer-goods production, construction, and housing sectors as examples of areas that the US could be more involved in. Expanding on climate change, Allawi discussed Iraq’s reaffirmation to maintaining Paris Climate standards. On both the economic and political front, Allawi believes that the Iraqi delegation’s visit to the US was “very successful.” The White Paper for Economic Reforms From the onset, Allawi established that the white paper is not a short-term plan. Rather, it is a long-term initiative seeking to overcome a significant amount of issues in the Iraqi economy. The underlying thesis, Allawi claims, is that the current central government’s structure is inadequate to accommodate the needs of a modern economy. Allawi argues that extreme and radical change will be required to tackle the daunting task of overhauling an economy that he believes has been underperforming since the 1970s. Allawi believes the most critical change that needs to happen to reform the Iraqi economy is a massive shift away from oil dependency in the economy, describing the critical need for diversification. Allawi argued that Iraq must diversify the economy “meaningfully” by looking at the changing regional and global economic environment. When discussing the creation of the white paper, Allawi describes how it did not come from one individual person. Rather, it is a combination of studies spanning more than fifteen years and the inclusion of current issues that make up this comprehensive reform package. From a global perspective, Allawi stresses the importance of the international community supporting this effort, believing that this effort does not have much to do with a lack of resources or capital transfer, citing that Iraq is not under-resourced but has had its resources mismanaged. In regards to implementation, Allawi noted that the Iraqi government’s first decision was a difficult but necessary one: a significant adjustment to the exchange rate because of the belief that the Iraqi dinar was grossly overvalued. Allawi discussed the consequences of devaluation. However, he noted that a studied devaluation is much better than a chaotic one and, since there was a high risk of overdemand for the Iraqi dinar, resources would have been depleted. https://www.atlanticcouncil.org/blogs/menasource/event-recap-a-conversation-with-iraqi-deputy-prime-minister-and-finance-minister-ali-allawi/ Internal Iraqi economic and political developments Allawi claimed that “it is a mistake” to say the government has done nothing to mitigate the effects of devaluation, citing the commitment of 50 percent of the incremental increase from the changes in the exchange rate, increasing expenditures in social areas, maintaining drug prices, and doubling the social security net. Giving an update on internal gas projects, Allawi highlighted how the first phase of gas guarding had been completed with the Basra gas company, with 20 percent of the total gas produced by the associated fields now treated by the company. He noted that there are hopes of expanding this project by about 40 percent. When asked about the internal security situation and how militia groups will respond to the recent US-Iraq combat troop agreement, Allawi split these militias into three groups: those in the government, those with some organizational coherence, and “renegades”—with the first two groups either being accepting of the recent US military news or remaining neutral. In terms of Iraqi banking sector reforms, Allawi acknowledged that this critical issue has been left unattended. Therefore, major steps have been taken during July that aim to alter the internal rules and procedures of the banks and change their board of directors. As a new government looms over the current Kadhimi administration, Allawi believes that, to keep his white paper reforms intact, there needs to be greater support by the international community to reaffirm their commitment to this project. Iraqi economic and political developments The impacts of the coronavirus pandemic on Iraqi imports caused shipping prices to go up by three or four times, claimed Allawi, citing this increase in global prices as one of the main issues the Iraqi government faces. Allawi described the ongoing economic integration project between Egypt, Jordan, and Iraq as one of Iraq’s most important initiatives, believing that the integration of all three economies through the removal of trade barriers and improved transportation benefits all parties. Expanding on the Egypt, Jordan, and Iraq integration project, Allawi described the potential for a combined market of over 150 million people, giving these three nations better opportunities and a competitive advantage in attracting foreign investors. Allawi believes that bilateral trade with India has been “quite robust.” He emphasized how India has been supplying Iraq during the pandemic with various critical pharmaceuticals—like the AstraZenca vaccine—and how India has a “significant share” of the public sector pharmaceutical imports to Iraq.
  17. Baghdad to send 200 billion dinars to the Kurdistan Region 2021-08-01 12:46 Shafaq News/ The Parliamentary Finance Committee revealed that the federal government will send 200 billion dinars to the Kurdistan Region to pay employees' salaries. It is noteworthy that a source in the Kurdistan Regional Government announced on July 11 that the federal government had deposited 200 billion dinars in the Regional Government's bank account. By the end of last June, an official source in the Kurdistan Regional Government announced that Prime Minister Mustafa Al-Kadhimi signed an official letter to disburse 200 billion dinars to pay the employees' salaries working in the public sector in the region. https://shafaq.com/en/Iraq-News/Baghdad-to-send-200-billion-dinars-to-the-Kurdistan-Region#
  18. Kuwait marks invasion anniversary with continued relief aid to Iraqis 01/08/2021 BAGHDAD: This archive photo shows ambulances and medical equipment donated by Kuwait to Iraq. – KUNA KUWAIT: As the State of Kuwait marks the 31st anniversary of the Iraqi invasion today, Kuwaitis themselves focused on closing the rift with their Iraqi brethren via continue humanitarian aid and relief. Despite the heavy impact of the 1990, Iraqi invasion of Kuwait, which caused harm on various levels, the State of Kuwait took on the responsibility of aiding the Iraqi people since 1993. In April 1995 – upon directives from late Amir Sheikh Jaber Al-Ahmad Al-Jaber Al-Sabah – the Kuwait Red Crescent Society (KRCS) delivered aid to the Iraqi people, knowing well that the people suffering in the fellow Arab country should not confused with their brutal regime led by Saddam Hussein. After toppling of the Iraqi regime in 2003, Kuwait managed to become one of the top countries providing aid to the Iraqi people through the UN Refugee Agency (UNHCR). Those displaced within Iraq as a result of armed conflict also benefited from Kuwait’s humanitarian assistance. In 2010, Kuwait donated $1 million to the UNHCR and in 2014, it provided $3 million to support humanitarian operations in Iraq. In 2015, the UNHCR received $200 million to help those displaced in the fellow Arab country. In October of 2016, Kuwait donated to the UNHCR a sum of $8 million to aid Iraqis fleeing from the brutality of so-called Islamic State (IS). Kuwait donated in the same month a sum of $6 million to the United Nations Children’s Emergency Fund (UNICEF) to cover their operations in Iraq. In July 2016, the State of Kuwait donated a sum of $176 million during a conference held in Washington to aid Iraq. In December 2016, Kuwait pledged a sum of $5 million to WHO to help its operations in Iraq. The State of Kuwait-in its position as a UN humanitarian aid center-hosted in February of 2018 the Kuwait International Conference for the Reconstruction of Iraq (KICRI). The conference resulted in a $30 billion donations to help Iraqis overcome the destruction caused by IS. Meanwhile on the Iraqi side, the visit by the late Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to Iraq on June 19, 2019 and the continued efforts by His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah had helped in mending some of the pain caused by the Iraqi invasion. In recent history, the cooperation between two countries helped Kuwait receive the remains of 10 Kuwaiti POWs on July 11, 2021.The KRCS, on its part, provided various modes of assistance to the displaced Iraqis in cooperation with the government and international organizations. Some 500 units were constructed in the Iraqi region of Kurdistan by the KRCS in addition to the distribution of 56,000 foodstuff on suffering and needy families. The KRCS also handed in 2018 40,000 food baskets for displaced Iraqis in Kurdistan. Kuwaiti charities also played part in aiding Iraqis. In September of 2016, Kuwait-based International Islamic Charity Organization (IICO) provided $1 million to displaced in Anbar and Salahuddin provinces as well as providing $1.8 million to some 600,000 displaced Iraqis. – KUNA https://news.kuwaittimes.net/website/kuwait-marks-invasion-anniversary-with-continued-relief-aid-to-iraqis/
  19. I'm sure that you agree that anyone voting should have to show identification. And all mail in ballots should have signature verified at a minimum. After all we have to show ID to get on a plane for security reasons. And If you don't have a drivers license or Passport States should provide a form of ID at no charge. I can not see how this can even remotely be considered a way to stop people from voting. Its just common sense.
  20. CBI sales in the currency rebound after a three-day 2021-07-29 08:21 Shafaq News/ The Central Bank of Iraq (CBI) sales in the currency auction on Thursday hit an inflection point after a three-day downslope and bounced to nearly $202 million before closure. Shafaq News Agency correspondent reported that CBI sales at the Foreign Exchange Auctions registered a 16.9% rise to settle at $202,420,373, compared to $174,815,000 yesterday. The weighted average rate of the dinar to the U.S. dollar was specified at 1460. Our correspondent explained that nine banks and six companies cashed out $22.03 million, while the remaining went to boost funds abroad in the form of non-cash and credit transactions, with 33 banks meeting those requests. https://shafaq.com/en/Economy/CBI-sales-in-the-currency-rebound-after-a-three-day#
  21. Minister of Planning: al-Faw Port will be the beginning of Iraq's economic renaissance 2021-07-29 06:29 Shafaq News/ The Iraqi Minister of Planning, Khalid Battal, said on Thursday that the Grand al-Faw Port shall be completed in four years, stressing that it commences Iraq's economic renaissance. The Minister's comments came in a statement to journalists on the sidelines of his visit to the port under construction in the southern governorate of Basra, along with the Minister of Water Resources, Mahdi Rachid al-Hamdani, and the Governor of Basra, Assaad el-Eidani. "The Grant al-Faw project is a real beginning of Iraq's economic renaissance for its unprecedented developmental value via both opening up vast commercial avenues between Iraq and the world and tens of thousands of direct and indirect job opportunities." "The port is a serious challenge for the government. It is serious and adamant about pushing the project through until its completion according to the schedule within four years. The Ministry of Planning endorses and prioritizes the project." https://shafaq.com/en/Economy/Minister-of-Planning-al-Faw-Port-will-be-the-beginning-of-Iraq-s-economic-renaissance
  22. US to make 'historic' investments into Iraqi infrastructure, Al-Kadhimi says after Biden meeting MENA 3 min read The New Arab Staff 28 July, 2021 PM Al-Kadhimi said the US investment was a 'historic' and 'golden' opportunity for Iraq. Iraqi Prime Minister Mustafa al-Kadhimi was in Washington for the fourth and final round of the Iraq-US strategic dialogue [Getty] A now-completed Iraq-US strategic dialogue will bring extensive American investment to Iraq, the country's Prime Minister Mustafa Al-Kadhimi said in an interview aired on Tuesday. Over the course of the meetings in Washington, memorandums were signed for US investment in a broad range of Iraqi sectors, which Kadhimi told state television channel Al-Iraqiya was a "historic" and "golden" opportunity for Baghdad. US companies will help develop Iraq's ailing energy and health sectors, Kadhimi said, which have suffered underfunding and poor management resulting in huge suffering for Iraqis. Tragedy struck Iraq when a fire engulfed a Covid isolation unit at the Al-Hussein hospital in Nasiriyah, the south of the country, killing at least 60 people. A similar fire occurred at a hospital in Baghdad in April. The fires served as a gruesome reminder of the dilapidated state of Iraq's health infrastructure. Iraq has registered a record-high in Covid cases in recent days, adding extra strain to healthcare. The country's national grid is failing to supply Iraqis with the electricity they need to cope with the sweltering summer heat. Iraq's failing energy infrastructure has led to angry protests in the country and a bloody crackdown by Iran-linked militias and security forces. Much of the focus on the strategic dialogue has been on the agreement on the withdrawal of US combat troops from Iraq, announced on Monday night. There are currently 2,500 US troops in Iraq focusing on countering the remnants of the Islamic State group but have been subject to frequent rocket attacks by Iran-linked militias. The US role in Iraq will shift entirely to training and advising the Iraqi military in defending itself rather than combat missions. They are set to leave Iraq by New Year’s Eve 2021, according to a statement from Al-Kadhimi's office released Monday. The shift is not expected to have a major impact since the US already moved toward focusing on training Iraqi forces since the defeat of IS. Some analysts say the pull-out could strengthen Iran's hand in the country, whose influence has grown since the US-led invasion of Iraq in 2003 and the subsequent government campaign against IS. US troops have played a more active role in Iraq since the IS invasion of northern Iraq in 2014, supporting government forces. Hours after the announcement of an Iraq-US agreement on troop withdrawal, Ismail Qaani, commander of Iran’s Quds Force - who replaced slain General Qassem Soleimani - was in Baghdad. Sources told The New Arab’s sister site Al-Araby Al-Jadeed that Qaani met with forces and political factions allied to Tehran to discuss Al-Kadhimi's agreement with Washington. Qaani has frequently made unannounced visits to Baghdad, often after attacks on US military and diplomatic sites by Iran-backed militias. Several powerful pro-Iran groups in Iraq on Tuesday welcomed the announcement of the an of US combat operations in the country, an outcome they have long demanded. The US announced last week that it would give Iraq $155 million in new humanitarian assistance for internally displaced people and refugees. https://english.alaraby.co.uk/news/us-set-historic-iraq-investments-pm-al-kadhimi
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