JERUSALEM // Israeli Prime Minister Benjamin Netanyahu has asked US President Barack Obama to pardon an American who spied for the Jewish state, and the White House said Tuesday it was reviewing the request.
Netanyahu was to read his letter to Obama to the Israeli parliament on Tuesday evening, but public radio quoted in advance what it said was a passage.
"A long time has passed since the act was carried out," it said. "Pollard has served his punishment."
In Washington, a White House official confirmed receipt of the message.
"We have received the letter and will review it," the official said.
Pollard, a former US Navy analyst, is serving a life sentence for passing thousands of secret documents about American spy activities in the Arab world to Israel between May 1984 and his arrest in November 1985.
The issue of Pollard, a US-born Jew who was given Israeli citizenship while in prison, has been a thorn in the side of relations between Israel and its main ally Washington.
His arrest sparked a crisis in ties that only ended with Israel promising to end all espionage activities on US soil.
But Israelis say Pollard's punishment and the longstanding US refusal to commute his sentence have been particularly harsh, given that he gave information to a friendly nation.
Israeli prime ministers have repeatedly tried, in vain, to secure Pollard's release.
Netanyahu last month announced he would make a public plea to Obama for Pollard's release.
"I intend to continue acting with determination for Pollard's release, both because of the State of Israel's moral obligation to him and so that he might live with his family and restore himself to health after his prolonged incarceration," he said in a statement.
The US State Department issued a non-committal response after Netanyahu announced his intentions.
"If such a request were formally made, there's obviously a legal process that would be undertaken to evaluate it," spokesman Philip Crowley said last month.
He did not rule out the prospect that Pollard's case could be looked at in a broader light.
"In the context of advancing Middle East peace, if either the Palestinians or the Israelis want to raise with us issues of importance to them, we will consider all of this as we try to get them to an agreement," Crowley said.
"If the Israeli government makes a formal request, there is a legal process overseen by the Department of Justice to evaluate such requests," he added.
Netanyahu's decision to appeal publicly to Obama came after a meeting with Pollard's wife, Esther, in Jerusalem last month, during which she gave Netanyahu a letter from her husband.
Netanyahu at the time said the decision "was made following a series of talks and contacts which the prime minister and his representatives have held on the issue in recent months with senior US administration officials."
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• Choose the right level of risk. Don't gamble by investing in get-rich-quick schemes or high-risk plays. Don't play it too safe, either, by leaving long-term savings in cash.
• Diversify. Do not keep all your eggs in one basket. Spread your money between different companies, sectors, markets and asset classes such as bonds and property.
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A timeline of the Historical Dictionary of the Arabic Language
- 2018: Formal work begins
- November 2021: First 17 volumes launched
- November 2022: Additional 19 volumes released
- October 2023: Another 31 volumes released
- November 2024: All 127 volumes completed
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
Evacuations to France hit by controversy
- Over 500 Gazans have been evacuated to France since November 2023
- Evacuations were paused after a student already in France posted anti-Semitic content and was subsequently expelled to Qatar
- The Foreign Ministry launched a review to determine how authorities failed to detect the posts before her entry
- Artists and researchers fall under a programme called Pause that began in 2017
- It has benefited more than 700 people from 44 countries, including Syria, Turkey, Iran, and Sudan
- Since the start of the Gaza war, it has also included 45 Gazan beneficiaries
- Unlike students, they are allowed to bring their families to France
Russia's Muslim Heartlands
Dominic Rubin, Oxford
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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7.05pm: Maiden (TB) Dh165,000 (D) 1,400m
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7.40pm: Maiden (TB) Dh165,000 (D) 1,600m
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9.25pm: Handicap (TB) Dh190,000 (D) 1,600m
Winner: Golden Goal, Pat Dobbs, Doug Watson.
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