'Friends of Syria' and the SNC do more harm than good as they fracture, disagree and delay
Even the 90-per-cent vote in favour of the new regime-proposed constitution of Syria could not have made President Bashar Al Assad as happy as the inefficiency of last week's Friends of Syria meeting in Tunisia, or the division within the Syrian National Council (SNC) on Monday, wrote Abdelbari Atwan, editor of the pan-Arab newspaper Al Quds Al Arabi.
Monday's reports that 20 members have quit the SNC must have been music to Mr Assad's ears, especially as there were some heavyweights among them - opposition figures, like the well-known lawyer Haitham Al Maleh, who have been detained for years and tortured in the Syrian regime's prisons, the editor said.
This split within the SNC, a body that has been billed for some time as the potential diplomatic representative of the Syrian people, is compounded by the "utter failure" of the Friends of Syria meeting last week, which brought nothing tangible to the Syrian people.
"The Friends of Syria basically offered the Syrians … a pathetic statement, a bunch of diverging views and rehearsed speeches, while the humanitarian situation in towns besieged by regime forces is only getting worse, and as the number of casualties rises."
The Saudi foreign minister, Saud Al Faisal, and the Qatari prime minister, Hamad bin Jassim Al Thani, voiced their support for arming the Syrian people to help them defend themselves against the Assad regime. But that is not a good option either, the editor noted.
"The Friends of Syria have severely wronged the Syrian people by raising their hopes for an upcoming liberation from a despotic regime," the editor argued.
"They held conferences and meetings, took the Syrian crisis to the United Nations, made proposals to deploy international troops, then the real results came, and the frustration was complete.
"The crisis is getting even more complicated now, and the death toll is rising by the day."
But all of that will still not justify arming the Syrian people as a last resort, the editor said. "In fact, arming the Syrian people would be a way to dodge moral responsibility towards them. Arming could lead to grave consequences, not least of which would be the rise of the death toll to horrific levels on both sides - regime opponents and loyalists.
"By the same token, it might fling the door wide open for a sectarian civil war, not just in Syria, but in the whole region."
Though it is costing the Syrians so dearly, political change is coming there sooner or later, whether Mr Assad's repressive regime likes it or not.
But simply throwing a quantity of weapons at the Syrians and leaving them to fend for themselves, without a plan for now or the future, is far from being a sound solution, the editor concluded.
Jerusalem needs support from Arabs
The Doha International Conference on Jerusalem that officially started on Sunday coincided with an escalation of violence in the holy city, including blatant transgressions by Israeli authorities and radical groups on Islamic and Christian holy sites, the Palestinian daily Al Quds said in its editorial.
At the same time, while demolishing Palestinian homes, Israel continues to practice a series of harsh measures against the Arab residents of Jerusalem, in a policy evidently aimed at driving them out of the city.
"This Israeli escalation is leading to heightened tensions. It drives the region towards yet another round of violence and bloodshed," opined the paper.
Arab and Islamic countries need to come up with a clear action plan to counter Israel's policies and to demand serious international pressure on Tel Aviv to cease its blatant transgressions on the human rights of Palestinians in Jerusalem, especially the ethnic cleansing policy that is implemented in various Israeli authorities and ministries.
As for the Arab and Islamic financial support offered to Palestine, it has yet to be on par with the level of challenges that the people of Jerusalem are facing.
"The Arab and Islamic nations must fulfil their financial commitments to sustain the Arab Palestinian presence in the Holy City. Otherwise, nothing will ever change on the ground."
Hizbollah covering up failure to assist Assad
The successive pro-Al Assad speeches by Hassan Nasrallah, the secretary general of Hizbollah, don't necessarily express real enthusiasm for the Syrian regime, columnist Abdel Rahman Al Rashid suggested in the pan-Arab newspaper Asharq Al Awsat.
Those speeches may be nothing more than a cover to justify the party's failure to execute essential tasks for its ally the Al Assad regime, the writer added.
"In my opinion, Damascus did indeed ask Hizbollah to start a new battle with Israel from Lebanon … in an attempt to distract attention from Deraa, Douma and the rest of the rebel Syrian cities.
"Hizbollah however didn't want to get involved in a potentially damaging confrontation with Israel," said the writer.
The Syrian regime was furious at the Shiite party's reticence to relieve the pressure on it. But despite Mr Nasrallah's harsh speeches, his party didn't once clash with the Lebanese pro-revolution elements.
The support Mr Nasrallah offered stopped at dispatching some of his militiamen to Syria, which was itself quite a risky measure since it leaves Hizbollah uncovered in Lebanon at a time when Israel is threatening to hit Iran and undermine its military abilities in the region.
* Digest compiled by The Translation Desk
translation@thenational.ae
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
UAE currency: the story behind the money in your pockets
Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
- The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Uefa Nations League: How it Works
The Uefa Nations League, introduced last year, has reached its final stage, to be played over five days in northern Portugal. The format of its closing tournament is compact, spread over two semi-finals, with the first, Portugal versus Switzerland in Porto on Wednesday evening, and the second, England against the Netherlands, in Guimaraes, on Thursday.
The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.
Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Zayed Sustainability Prize
Electoral College Victory
Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate.
Popular Vote Tally
The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
SPECS
Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now
Keep it fun and engaging
Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.
“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.
His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.
He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.
The specs
Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)
The specs
Engine: 1.5-litre 4-cylinder petrol
Power: 154bhp
Torque: 250Nm
Transmission: 7-speed automatic with 8-speed sports option
Price: From Dh79,600
On sale: Now
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Company%20Profile
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UAE currency: the story behind the money in your pockets
Citadel: Honey Bunny first episode
Directors: Raj & DK
Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
Rating: 4/5
How Tesla’s price correction has hit fund managers
Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.
It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.
The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.
Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.
Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.
He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.
AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”
A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.
Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.
Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.
Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.
By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.
Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.
In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”
Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.
She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.
Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.
The bio
Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.
Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.
Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.
Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.
Indoor Cricket World Cup
Venue Insportz, Dubai, September 16-23
UAE squad Saqib Nazir (captain), Aaqib Malik, Fahad Al Hashmi, Isuru Umesh, Nadir Hussain, Sachin Talwar, Nashwan Nasir, Prashath Kumara, Ramveer Rai, Sameer Nayyak, Umar Shah, Vikrant Shetty
Company%20Profile
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