Harvard suspends pro-Palestine student group over Gaza war protest


Jihan Abdalla
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Harvard College has suspended its Palestine Solidarity Committee chapter for the rest of the term and students who continue to take part in any of its activities will face expulsion, the university's newspaper has reported.

Amid a growing number of protest movements over the Israel-Gaza war at universities across the country, Harvard College told the pro-Palestinian student group by email on Monday that it has been temporarily suspended for failing to register a protest and breaching guidelines on the use of campus space.

“The organisation will not be recognised and will not have access to university benefits and services during this time, including but not limited to use of campus space and appropriate use of the Harvard name,” the email said.

“If the organisation continues to operate and commits additional violations during this suspension, the organisation risks permanent expulsion, as provided in the resource guide.”

The Palestine Solidarity Committee denounced the move.

“Harvard has shown us time and again that Palestine remains the exception to free speech,” the group wrote in a statement on social media.

The development comes amid increased tension at several elite US universities, where pro-Palestinian students have set up camps in protest against the Israel-Gaza war.

US universities have long been a bastion of activism and anti-war protests.

But this protest movement, which has included students from diverse backgrounds, has presented an unprecedented challenge to city officials and university leaders.

Signs and tents at the protest camp at Columbia University. Reuters
Signs and tents at the protest camp at Columbia University. Reuters

Protesters say they want to see an immediate ceasefire in Gaza, where about 34,200 Palestinians, most of them civilians, have been killed, according to local health authorities.

Much of the coastal enclave has been reduced to rubble. Most residents have been displaced, and face a lack of access to food and basic necessities.

The war erupted on October 7, after a Hamas-led attack on Israel that killed about 1,200 people, according to Israeli authorities.

Jewish student groups say the protests make them feel unsafe, and that since October 7, they have experienced a rise in harassment and anti-Semitic comments.

At least two Republican senators, Josh Hawley and Tom Cotton have called on President Joe Biden to mobilise the national guard in response to the protests on campus.

Columbia has announced that it is moving to remote learning until the end of the term, claiming security concerns.

“We're monitoring this closely,” White House deputy press secretary Andrew Bates told journalists on Tuesday.

“We know that this is a painful moment for many communities and we support every American's right to peacefully protest.”

Mr Bates said anti-Semitic comments and calls for violence are “unacceptable”.

But Jewish student organisations, including Jewish Voice for Peace, have taken part in the on-campus anti-war activism.

On Monday evening, a group of Jewish students at Columbia, several of them wearing Palestinian keffiyehs, held a makeshift Passover seder.

Last week more than 100 students who had camped out at the university to protest against Israel’s assault on Gaza, and demand that the university divest from companies that sell weapons to Israel, were arrested by police.

Videos and photos of the arrests of those taking part in the so-called Gaza Solidarity Encampment have been widely shared on social media. They also spurred camps and arrests on other US campuses.

More than 150 students were arrested at New York University on Monday night, and at Yale University, nearly 50 were detained.

More than 150 professors and faculty members at Columbia submitted an open letter in support of student protesters and against the police crackdown.

Student Gaza protests at US universities - in pictures

  • Activists and students take part in an encampment protest at George Washington University, in Washington. AFP
    Activists and students take part in an encampment protest at George Washington University, in Washington. AFP
  • Students and faculty of Drexel University and University of Pennsylvania erect an encapment to protest against the war in Gaza, at the University of Pennsylvania campus, in Philadelphia. AFP
    Students and faculty of Drexel University and University of Pennsylvania erect an encapment to protest against the war in Gaza, at the University of Pennsylvania campus, in Philadelphia. AFP
  • Columbia University students continue their demonstration on campus afterlast week's arrest of more than 100 protesters, in New York City. Getty Images
    Columbia University students continue their demonstration on campus afterlast week's arrest of more than 100 protesters, in New York City. Getty Images
  • Police watch as students and faculty show support at a Protect Palestine Rally at the University of Texas, in Austin. EPA
    Police watch as students and faculty show support at a Protect Palestine Rally at the University of Texas, in Austin. EPA
  • A student is arrested during a pro-Palestine demonstration at the University of Texas at Austin. Getty Images
    A student is arrested during a pro-Palestine demonstration at the University of Texas at Austin. Getty Images
  • Students rally at the University of Texas at Austin, where police arrested scores of protesters. Getty images
    Students rally at the University of Texas at Austin, where police arrested scores of protesters. Getty images
  • Mounted police confront students protesting against the war in Gaza, at the University of Texas at Austin. Getty Images
    Mounted police confront students protesting against the war in Gaza, at the University of Texas at Austin. Getty Images
  • Pro-Palestine demonstrators argue with University of Southern California officials, who attempted to take down an encampment set up in support of Gaza, at the institution in Los Angeles. Getty images
    Pro-Palestine demonstrators argue with University of Southern California officials, who attempted to take down an encampment set up in support of Gaza, at the institution in Los Angeles. Getty images
  • University of Southern California police officers detain a pro-Palestine demonstrator. Getty Images
    University of Southern California police officers detain a pro-Palestine demonstrator. Getty Images
  • University of Southern California officers dismantle protesters' tents. EPA
    University of Southern California officers dismantle protesters' tents. EPA
  • Police stand guard at an entrance to Columbia University, in New York City, where students continue to protest in support of Palestinians, amid the war in Gaza. Reuters
    Police stand guard at an entrance to Columbia University, in New York City, where students continue to protest in support of Palestinians, amid the war in Gaza. Reuters
  • Najla Said, daughter of Palestinian-American academic and literary critic Edward Said, and Motaz Azaiza, a Palestinian photojournalist from Gaza, join the Gaza solidarity encampment at Columbia University. Photo: Columbia Students for Justice in Palestine
    Najla Said, daughter of Palestinian-American academic and literary critic Edward Said, and Motaz Azaiza, a Palestinian photojournalist from Gaza, join the Gaza solidarity encampment at Columbia University. Photo: Columbia Students for Justice in Palestine
  • As the campus protests continue, Columbia has moved its classes online. AFP
    As the campus protests continue, Columbia has moved its classes online. AFP
  • Workers erect a wooden barrier at New York University Stern School of Business after an encampment set up by students was cleared out on Monday night. Getty Images
    Workers erect a wooden barrier at New York University Stern School of Business after an encampment set up by students was cleared out on Monday night. Getty Images
  • Massachusetts Institute of Technology student Isa Liggans, front left, takes part in Muslim prayer with others, at an encampment of tents at the college, in Cambridge, Massachusetts. AP
    Massachusetts Institute of Technology student Isa Liggans, front left, takes part in Muslim prayer with others, at an encampment of tents at the college, in Cambridge, Massachusetts. AP
  • Police officers disperse pro-Palestinian students and protesters who set up an encampment on the campus of New York University. AFP
    Police officers disperse pro-Palestinian students and protesters who set up an encampment on the campus of New York University. AFP
  • A protester outside New York University. Reuters
    A protester outside New York University. Reuters
  • Pro-Palestinian protesters gather in front of Sproul Hall on the campus of the University of California, Berkeley. AP
    Pro-Palestinian protesters gather in front of Sproul Hall on the campus of the University of California, Berkeley. AP
  • Pro-Israeli demonstrators chant 'shame' after Columbia University assistant professor Shai Davidai was denied access to the main campus. AP
    Pro-Israeli demonstrators chant 'shame' after Columbia University assistant professor Shai Davidai was denied access to the main campus. AP
  • A tent used by pro-Palestinian demonstrators at MIT. Bloomberg
    A tent used by pro-Palestinian demonstrators at MIT. Bloomberg
  • A coalition of University of Michigan students rally to pressure the university to divest its endowment from companies that support Israel. Reuters
    A coalition of University of Michigan students rally to pressure the university to divest its endowment from companies that support Israel. Reuters
  • A sign at the University of Michigan. Reuters
    A sign at the University of Michigan. Reuters
  • A pro-Palestinian protester in front of Sproul Hall in Berkeley, California. Getty Images / AP
    A pro-Palestinian protester in front of Sproul Hall in Berkeley, California. Getty Images / AP
  • Police officers detain pro-Palestinian students and protesters at New York University. AFP
    Police officers detain pro-Palestinian students and protesters at New York University. AFP
  • Police in Riot gear stand guard as demonstrators chant slogans outside the Columbia University campus. AP
    Police in Riot gear stand guard as demonstrators chant slogans outside the Columbia University campus. AP
  • Pro-Palestinian students and activists protest against the Israel-Gaza war on the campus of New York University. AFP
    Pro-Palestinian students and activists protest against the Israel-Gaza war on the campus of New York University. AFP
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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.”

Updated: April 24, 2024, 12:16 PM