Campus revolt over Gaza spreads in Europe as UK students protest


Tim Stickings
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Campus unrest over Gaza hit Britain on Friday as universities face a revolt over their ties to Israel.

Dozens of students rallied at University College London, with banners calling it “complicit in genocide” and demanding it “divest from death”.

Under the steps of UCL’s neoclassical main building, students chanted “no more money for Israel’s crimes” and “London students, it’s our time – shut it down for Palestine”.

Activists read out the names of Palestinian academics killed during Israel’s months-long retaliation for Hamas’s attack on October 7.

Students with keffiyehs and Palestinian flags sense a global movement gaining momentum after unrest on US campuses that has also spread to France.

Like their US comrades in tents, activists staged a 34-day occupation of a UCL room that won them an audience with university provost Michael Spence.

On university orders, protesters had their IDs checked at Friday’s protest to keep out strangers – causing tempers to flare with chants of “let us in”.

Students held banners telling University College London to 'divest from death' and calling it complicit in genocide. Tim Stickings / The National
Students held banners telling University College London to 'divest from death' and calling it complicit in genocide. Tim Stickings / The National

Students up in arms

The students are vowing to keep up their noisy direct action for as long as their demands are not met.

“There’s lots and lots of support, so we’re really excited about how the movement’s grown,” Rob, a 19-year-old UCL student, told The National over the sound of protesters chanting in the quad.

“We will go through the channels of talking to management, of trying to do things officially,” said the pro-Palestinian protest organiser, who declined to give his last name.

“But we will also disrupt, we will also take things into our own hands. We’re committed to using every possible avenue to end UCL’s complicity with war crimes.”

Student grievances include UCL’s relationships with arms manufacturers and Israeli academics, such as an exchange scheme with Tel Aviv University and the involvement of defence company BAE Systems in an ethics and law centre.

The university has previously clashed with a staff union over what it called "incoherent and disturbing motions" on Israel and Palestine passed at an emergency meeting.

UCL’s careers department “boasts” that many of its engineering graduates go on to work for arms companies, said history student Rob, who said university bosses had so far been “very evasive”.

He said students were “obviously very keen to show our solidarity and support for American protesters”.

“But one thing that these American protesters are very clear on, but we’re clear on too, is the centre of this movement isn’t London or New York or any other city, it is Gaza, it is Palestine,” he said.

“We’re just trying to make sure that we are showing solidarity with protesters in the US but what they’re showing solidarity for are the people of Palestine.”

Tent protests at Columbia University have inspired similar unrest around the US and Europe. AFP
Tent protests at Columbia University have inspired similar unrest around the US and Europe. AFP

Protesters in Paris, meanwhile, blocked an entrance to the university Sciences Po on Friday, refusing to back down after a tent “occupation” was broken up by police a day earlier.

Activists at the elite university, whose alumni include French President Emmanuel Macron, said they were "standing on the right side of history" over the war by "occupying the school until our demands are met".

In Berlin, 150 police officers moved to ban a protest camp set up near the German parliament, citing repeated criminal offences. It was not clear whether the activists were students.

Pelosi stunt

Elsewhere in Britain, a visit to Oxford University by former US House speaker Nancy Pelosi was disrupted by pro-Palestinian protesters who were removed by police.

An activist stood up in front of Ms Pelosi’s podium and unfurled a Palestinian flag from his pocket at the Oxford Union, a historic student debating society.

A group called Youth Demand said that “warmongers like Nancy Pelosi are not welcome on university campuses” as it vowed it would “not sit down and be quiet while these people are given platforms”.

Audience members booed and shouted “get out of here” before Ms Pelosi continued her speech despite the interruption, according to footage posted online.

Outside the venue, a crowd of about 250 protesters gathered chanting in support of Palestine.

'More militant action'

At UCL’s gates, activists handed out pocket-sized papers giving people advice on what to do if arrested (say “no comment”).

A group called Movement for Justice handed out flyers calling for “more militant action”, such as occupying universities, banks and arms factories.

“Youth and students are leading this action and winning the support of older activists and teachers,” it said.

While staff and students rallied inside UCL’s walls, ID checks kept out even the most eager campaigners who had walked all around the campus in the hope of sneaking in.

Activists had intended the rally to be open to all and there was concern that the security barrier was a precedent for curbing student activism in Britain.

Patrick Reynolds, one of those denied entry outside, said students “have been the backbone” of the pro-Palestinian movement in Britain and past anti-war campaigns such as that over Vietnam.

Student protests in Paris have erupted at Sciences Po university, the alma mater of French President Emmanuel Macron. AP
Student protests in Paris have erupted at Sciences Po university, the alma mater of French President Emmanuel Macron. AP

He said the Columbia University protests in New York, which have since inspired similar sit-ins across the US, had “badly exposed” the repression of student activism.

“I think Columbia University overdid it and they exposed themselves. People have a right to protest and students have a right to learn how to democratically protest,” he said.

“I think the student movement is likely to escalate in America, and I think students here have been taking a part and will probably continue to take a part until the war is finished.”

The US unrest inspired by Columbia’s tent occupation has continued to spread, with more than 200 people arrested overnight at campus protests Los Angeles, Boston and Austin.

While the White House has said it backs free speech on campus, senior Republicans have echoed Israeli accusations of anti-Semitism and urged President Joe Biden to turn to National Guard troops.

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Country-size land deals

US interest in purchasing territory is not as outlandish as it sounds. Here's a look at some big land transactions between nations:

Louisiana Purchase

If Donald Trump is one who aims to broker "a deal of the century", then this was the "deal of the 19th Century". In 1803, the US nearly doubled in size when it bought 2,140,000 square kilometres from France for $15 million.

Florida Purchase Treaty

The US courted Spain for Florida for years. Spain eventually realised its burden in holding on to the territory and in 1819 effectively ceded it to America in a wider border treaty. 

Alaska purchase

America's spending spree continued in 1867 when it acquired 1,518,800 km2 of  Alaskan land from Russia for $7.2m. Critics panned the government for buying "useless land".

The Philippines

At the end of the Spanish-American War, a provision in the 1898 Treaty of Paris saw Spain surrender the Philippines for a payment of $20 million. 

US Virgin Islands

It's not like a US president has never reached a deal with Denmark before. In 1917 the US purchased the Danish West Indies for $25m and renamed them the US Virgin Islands.

Gwadar

The most recent sovereign land purchase was in 1958 when Pakistan bought the southwestern port of Gwadar from Oman for 5.5bn Pakistan rupees. 

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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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Updated: April 26, 2024, 5:12 PM