Israeli police detain a woman during a raid on the Al Aqsa compound in Jerusalem's Old City on April 5, 2023. Reuters
Israeli police detain a woman during a raid on the Al Aqsa compound in Jerusalem's Old City on April 5, 2023. Reuters
Israeli police detain a woman during a raid on the Al Aqsa compound in Jerusalem's Old City on April 5, 2023. Reuters
Israeli police detain a woman during a raid on the Al Aqsa compound in Jerusalem's Old City on April 5, 2023. Reuters


Al Aqsa violence did not emerge out of nowhere


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April 06, 2023

Regardless of claims and counter-claims behind yesterday's violence in Al Aqsa Mosque, the images of armed Israeli police clubbing Palestinians and leaving dozens of worshippers face-down on the floor of the prayer hall with their hands bound by zip-ties are shocking.

It is not the first time Al Aqsa has witnessed such scenes. The mosque, which is also Islam’s third-holiest site, has seen several cycles of unrest in recent years, and this week’s violence did not spring out of nowhere. Extremist voices in Israel have been chipping away at the site’s delicate religious status quo for years, heedless of the antagonism and instability that it has brought.

What is different this time is that those who place religious conviction over peace, pragmatism and coexistence have been emboldened by the presence of some ministers who have built a career appealing to the extremes of Israeli society.

There was some backtracking this week by far-right Security Minister Itamar Ben-Gvir, who dismissed Jewish activists’ thwarted attempt to hold a Passover sacrifice at the Al Aqsa compound as a “protest stunt”. But repeated attempts by others in Mr Ben-Gvir’s camp to breach restrictions on Jewish worship at the sensitive complex have angered not only Palestinians but many Muslims worldwide.

Israeli settlers, protected by the Israeli security forces, walk through Al Aqsa Mosque compound in Jerusalem yesterday morning. AFP
Israeli settlers, protected by the Israeli security forces, walk through Al Aqsa Mosque compound in Jerusalem yesterday morning. AFP

Sadly, an atmosphere of intolerance has been growing in Jerusalem against other communities, too. Christians have faced incidents of violence and intimidation. Speaking last week, the Latin Patriarch of Jerusalem, Pierbattista Pizzaballa said: “What we are seeing is that what we call the status quo, the balance between the different communities — Jews, Muslims, Christians — is not respected any more.

“That aspect is problematic for me, that they consider Christians as guests. We are not guests. We are part of the identity of the city.”

Meanwhile, Palestinian militants have been firing rockets from Gaza into Israel. Not only do such actions fail to help Palestinians in Jerusalem, they bring an overwhelming response from one of the most powerful militaries in the Middle East. Gaza’s civilians have already suffered more than enough.

There is a way out of this. Respecting the careful status quo at Al Aqsa and not allowing the loudest voices to dictate the pace of events should be a starting point. Germany’s recent call for a peace conference on the Palestinian-Israeli conflict is an important one and should be taken seriously.

Israel’s Arab partners should also be listened to. Dialogue between the UAE and Israeli leaderships, even in times of tension, remains a valuable way of raising important Palestinian concerns at the highest level and of defusing difficult situations.

It is a time of considerable unease and Israel is confronting challenges at home and abroad. Political tensions and street protests over controversial judicial changes have laid bare the deep divisions that have developed among Israel’s Jewish majority. Meanwhile, near daily air strikes on targets in Syria run the risk of leading to an uncontrollable escalation.

Given this atmosphere of hostility and unrest, it is more important than ever for responsible leaders to make their voices heard over those whose agenda threatens to deliver only more conflict. There is time to pull back and de-escalate. It is no less than Palestinians and Israelis deserve, especially in these holy days.

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

Tentative schedule of 2017/18 Ashes series

1st Test November 23-27, The Gabba, Brisbane

2nd Test December 2-6, Adelaide Oval, Adelaide

3rd Test Dcember 14-18, Waca, Perth

4th Test December 26-30, Melbourne Cricket Ground, Melbourne

5th Test January 4-8, Sydney Cricket Ground, Sydney

Updated: April 06, 2023, 9:29 AM