If there is an underlying, guiding principle behind the Trump administration's agenda for Israel, it is surely that Palestinians are not to be treated as normal human beings.
No surprise, then, that an overwhelming majority of the Palestinian people do not trust the Trump administration, nor believe in its "peace efforts”. And why would they?
Nine out of 10 Palestinians surveyed by the Ramallah-based Palestinian Centre for Policy and Survey Research said they did not trust the US administration. Three-quarters wanted the Palestinian Authority to reject US President Donald Trump’s yet-to-be-revealed peace proposal.
Despite concerted efforts to appeal to the Palestinian people over the heads of their governing bodies, by the team of Mr Trump's son-in-law Jared Kushner, peace envoy Jason Greenblatt and ambassador to Israel David Friedman, they have only succeeded in increasing support for the relatively unpopular and certainly passé leadership of Palestinian President Mahmoud Abbas, on the grounds that he is at least standing up to Washington.
Mr Kushner has repeatedly suggested that the Palestinian leadership's refusal to abandon goals such as freedom, independence and citizenship are outmoded and irrelevant "talking points" from corrupt and rapacious institutions that don't represent the people.
What he must be starting to discover is that the Palestinian people are, if anything, even more, not less, committed to these goals than the Palestine Liberation Organisation and PA leadership.
If Mr Kushner and his colleagues are sincere in their intentions, then they have wildly misjudged the political equation, as demonstrated by the fiasco of the recent Peace to Prosperity workshop in Bahrain, attended by neither Israeli nor Palestinian officials and positing the absurd idea that Palestinian aspirations could be realised primarily through economic aid and investment.
In fact, as the survey revealed, despite their hardships, the overwhelming majority of Palestinians prioritised independence over economic concerns; only 15 per cent put financial woes first.
Mr Kushner accepts the primacy of politics means all proposed investments are contingent on the Palestinians accepting a forthcoming political plan that apparently will not grant them either independence or citizenship. That has inevitably prompted many Palestinians to feel they are being asked to auction off their human rights.
Meanwhile the Trump administration has recognised Israel's annexations of Jerusalem and the Golan Heights. Mr Friedman and Mr Greenblatt have said Israel also has the right to annex more areas in the West Bank.
The US has shuttered both the PLO mission in Washington and the US consulate in East Jerusalem. It has eliminated all aid to Palestinians, both directly and indirectly, including, ironically, many of the programmes and groups touted in Bahrain.
It has refused US visas to moderate, non-violent and pro-American Palestinian politicians like PLO official Hanan Ashrawi.
Indeed, there is really nothing left the US could take from the Palestinians that has not already been snatched from them.
This is the Trump administration's policy of "maximum pressure": you have nothing and get nothing, unless and until you engage with it, on its terms.
A key goal is to re-orient Washington away from any notion of an outcome involving Palestinian statehood and an end to the occupation, towards one that embraces a greater Israel
But the Palestinian people understand, because the Trump administration has made this clear, that these terms do not involve ending the occupation, establishing a Palestinian state, establishing equal or even real citizenship in Israel or any other country, or the basic rights of human beings in the modern world.
Naturally, they have reacted angrily to this, and rightly so. To do otherwise would be to surrender, as a series of articles in major American newspapers by Israeli officials and their friends recently urged them to do.
Significantly, the primary constituency for these Trump administration's policies are not Jews but evangelical Christians. With the 2020 election looming, the president is consolidating their already ardent support by pursuing policies that many of these evangelicals sincerely believe will lead to the second coming and the Apocalypse.
Most commentary continues to assume that the Trump/Kushner approach to Israeli-Palestinian issues is misguided, idiotic or naive. But it has been obvious for some time that the US policy towards Palestinians is in fact carefully crafted. It is just that the goals are radically different from those advertised and assumed.
At best, it seeks an end-of-conflict agreement involving large-scale Israeli annexation of occupied Palestinian territory and no sovereign Palestinian state.
If that's not possible, at the very least the existing Oslo-era framework with its two-state logic will be utterly destroyed. This goal appears to have been virtually realised.
And given this is all about US policy, another key goal is to re-orient Washington away from any notion of an outcome involving Palestinian statehood and an end to the occupation, towards one that embraces a greater Israel with US recognition and approval.
The fact that most seasoned western commentators cannot or will not acknowledge this brutal and obvious reality does not mean it is not irrefutably evident. It plainly is.
So, under such circumstances, what are Palestinians supposed to think?
The results of the new opinion poll show that nearly all Palestinians can see that the Trump administration systematically rejects their national aspirations and thinks they don’t deserve to be treated equally to Jewish Israelis, or just about anyone else.
Hussein Ibish is a senior resident scholar at the Arab Gulf States Institute in Washington
Company Profile
Company name: Fine Diner
Started: March, 2020
Co-founders: Sami Elayan, Saed Elayan and Zaid Azzouka
Based: Dubai
Industry: Technology and food delivery
Initial investment: Dh75,000
Investor: Dtec Startupbootcamp
Future plan: Looking to raise $400,000
Total sales: Over 1,000 deliveries in three months
Mohammed bin Zayed Majlis
Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
RESULTS
Bantamweight: Victor Nunes (BRA) beat Azizbek Satibaldiev (KYG). Round 1 KO
Featherweight: Izzeddin Farhan (JOR) beat Ozodbek Azimov (UZB). Round 1 rear naked choke
Middleweight: Zaakir Badat (RSA) beat Ercin Sirin (TUR). Round 1 triangle choke
Featherweight: Ali Alqaisi (JOR) beat Furkatbek Yokubov (UZB). Round 1 TKO
Featherweight: Abu Muslim Alikhanov (RUS) beat Atabek Abdimitalipov (KYG). Unanimous decision
Catchweight 74kg: Mirafzal Akhtamov (UZB) beat Marcos Costa (BRA). Split decision
Welterweight: Andre Fialho (POR) beat Sang Hoon-yu (KOR). Round 1 TKO
Lightweight: John Mitchell (IRE) beat Arbi Emiev (RUS). Round 2 RSC (deep cuts)
Middleweight: Gianni Melillo (ITA) beat Mohammed Karaki (LEB)
Welterweight: Handesson Ferreira (BRA) beat Amiran Gogoladze (GEO). Unanimous decision
Flyweight (Female): Carolina Jimenez (VEN) beat Lucrezia Ria (ITA), Round 1 rear naked choke
Welterweight: Daniel Skibinski (POL) beat Acoidan Duque (ESP). Round 3 TKO
Lightweight: Martun Mezhlumyan (ARM) beat Attila Korkmaz (TUR). Unanimous decision
Bantamweight: Ray Borg (USA) beat Jesse Arnett (CAN). Unanimous decision
THE BIO
Family: I have three siblings, one older brother (age 25) and two younger sisters, 20 and 13
Favourite book: Asking for my favourite book has to be one of the hardest questions. However a current favourite would be Sidewalk by Mitchell Duneier
Favourite place to travel to: Any walkable city. I also love nature and wildlife
What do you love eating or cooking: I’m constantly in the kitchen. Ever since I changed the way I eat I enjoy choosing and creating what goes into my body. However, nothing can top home cooked food from my parents.
Favorite place to go in the UAE: A quiet beach.
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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The five pillars of Islam
COMPANY%20PROFILE
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Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Medicus AI
Started: 2016
Founder(s): Dr Baher Al Hakim, Dr Nadine Nehme and Makram Saleh
Based: Vienna, Austria; started in Dubai
Sector: Health Tech
Staff: 119
Funding: €7.7 million (Dh31m)
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The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
How will Gen Alpha invest?
Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.
Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
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Four motivational quotes from Alicia's Dubai talk
“The only thing we need is to know that we have faith. Faith and hope in our own dreams. The belief that, when we keep going we’re going to find our way. That’s all we got.”
“Sometimes we try so hard to keep things inside. We try so hard to pretend it’s not really bothering us. In some ways, that hurts us more. You don’t realise how dishonest you are with yourself sometimes, but I realised that if I spoke it, I could let it go.”
“One good thing is to know you’re not the only one going through it. You’re not the only one trying to find your way, trying to find yourself, trying to find amazing energy, trying to find a light. Show all of yourself. Show every nuance. All of your magic. All of your colours. Be true to that. You can be unafraid.”
“It’s time to stop holding back. It’s time to do it on your terms. It’s time to shine in the most unbelievable way. It’s time to let go of negativity and find your tribe, find those people that lift you up, because everybody else is just in your way.”
MATCH INFO
Manchester United v Brighton, Sunday, 6pm UAE