A man is seen lying on the bonnet of a military vehicle during an Israeli raid on Tulkarm refugee camp in the occupied West Bank on Tuesday. Photo: Wafa
A man is seen lying on the bonnet of a military vehicle during an Israeli raid on Tulkarm refugee camp in the occupied West Bank on Tuesday. Photo: Wafa
A man is seen lying on the bonnet of a military vehicle during an Israeli raid on Tulkarm refugee camp in the occupied West Bank on Tuesday. Photo: Wafa
A man is seen lying on the bonnet of a military vehicle during an Israeli raid on Tulkarm refugee camp in the occupied West Bank on Tuesday. Photo: Wafa

Israeli troops accused again of tying Palestinian to vehicle as human shield


Nada AlTaher
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Israeli troops strapped a man on to a military vehicle as a “human shield” during a raid on Tulkarm refugee camp in the occupied West Bank, Palestinian state news agency Wafa reported on Wednesday.

The incident occurred when troops returned to the camp on Tuesday night after withdrawing from the camp earlier in the day following a 15-hour raid in which five people were killed, Wafa said.

The returning forces “arrested a number of young men” from a house, including “wounded people”, the report said. Blood and bullets were found in the home in the aftermath, Wafa reported.

“Occupation soldiers used one of the detainees as a human shield after placing him on the front of a military vehicle,” the report said.

A similar incident occurred last month during an Israeli raid in the northern West Bank town of Jenin. The Israeli military said it was “in violation of orders and standard operating procedures”.

The National has asked the Israeli army for a comment on the incident in Tulkarm.

A Palestinian family amid rubble in Tulkarm, in the occupied West Bank, following an Israeli raid. Reuters
A Palestinian family amid rubble in Tulkarm, in the occupied West Bank, following an Israeli raid. Reuters

Meanwhile, the death toll from the earlier raid on the camp rose to six on Wednesday morning.

Medical sources at Al Israa Specialised Hospital told Wafa that Yazan Mahmoud Abdo died from his injuries after being shot in the chest by Israeli forces.

Five people including a woman and her daughter were killed in an Israeli drone strike on Al Hamam neighbourhood of the camp on Tuesday.

Two people were killed in Israeli raids on Tubas and Qalandiya on Wednesday, Wafa reported.

In the Qalandiya refugee camp, north of Jerusalem, “20 Israeli army vehicles, a bulldozer and around 100 infantry soldiers” stormed the area and surrounded a house, according to local sources.

A child was injured in the thigh by live bullets and a man was run over by a military vehicle after fighting broke out between armed men and Israeli forces, Wafa said.

Ceasefire talks

Israel has stepped raids in the West Bank since the start of the war in Gaza last October.

The latest raids come as Israeli Prime Minister Benjamin Netanyahu is set to address both houses of Congress in Washington, where thousands of protesters gathered outside his hotel and House of Representatives offices to demonstrate against the war and US support for Israel.

Meanwhile, a source familiar with the negotiations told The National that delegations from Egypt, Qatar, the US, and Israel are expected to meet in Doha on Thursday to resume ceasefire talks and a hostage deal in Gaza.

“The meetings are expected to include Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, the head of Egyptian intelligence, his American counterpart, and the head of the Israeli Mossad,” added the source.

“The talks will focus on bridging the gap between the parties to announce a ceasefire and a phased exchange of prisoners.”

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Horticulturists suggest the best time for watering is before 8am or after 6pm, when water won't be dried up by the sun.

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