Men walk on the rubble of a residential building in Gaza City, Gaza Strip, that was destroyed by an Israeli airstrike. (Getty)
Men walk on the rubble of a residential building in Gaza City, Gaza Strip, that was destroyed by an Israeli airstrike. (Getty)
Men walk on the rubble of a residential building in Gaza City, Gaza Strip, that was destroyed by an Israeli airstrike. (Getty)
Men walk on the rubble of a residential building in Gaza City, Gaza Strip, that was destroyed by an Israeli airstrike. (Getty)

Biden bucks fellow Democrats’ growing calls to pressure Israel


Bryant Harris
  • English
  • Arabic

After days of ignoring mounting tension in Jerusalem despite weeks of warnings from two Arab governments, US President Joe Biden finally acknowledged the issue on Wednesday – but only after the crisis had led to a barrage of Hamas rocket attacks and deadly Israeli strikes on the Gaza Strip.

Mr Biden’s first public comments on the crisis largely stuck to the traditional pro-Israel talking points, emphasising Israel's right to self-defence without addressing the forced displacement of Palestinians in occupied territory such as Sheikh Jarrah.

He stressed the need to avoid civilian casualties in a phone call with Prime Minister Benjamin Netanyahu, but his reluctance to emphasise Palestinian rights and exert pressure on Israel as he belatedly tries to manage the crisis stands in contrast to much of the Democratic Party – from pro-Palestinian progressives to pro-Israel centrists – including advocacy groups that worked to get him elected in the first place.

"We're seeing now growing condemnation and criticism from Democrats and from the progressive wing of the party calling for reassessment of US military financing to Israel," Yousef Munayyer, a Palestinian American political analyst, told The National.

“It may not be what the administration wants to hear. It may not be convenient for them politically.”

Criticism "is only growing, especially as the situation on the ground continues to worsen, especially as US-financed machinery is raining death down on Palestinians from the sky," he added.

For the first time, a majority of Democratic voters – 53 per cent – want Washington to exert more pressure on Israel than the Palestinians to resolve the conflict, according to a Gallup poll released in March, a significant increase from 2018, when only 43 per cent of Democratic voters wanted Washington to put more pressure on Israel under the Donald Trump administration.

Even Senate Democrats with ties to the American Israel Public Affairs Committee (AIPAC), which staunchly defends the Israeli position, went further in a statement on Wednesday than the president.

Bob Menendez of New Jersey, chairman of the Foreign Relations Committee, and Ben Cardin of Maryland – two senators staunchly favoured by AIPAC – joined Ron Wyden of Oregon in the statement that included the routine condemnation of Hamas rocket attacks.

But notably, they went further than Mr Biden did, stating “the Israeli police must take steps to lower tensions throughout Jerusalem” and applauding the Israeli Supreme Court’s decision to delay the hearing that could potentially force Palestinian families from their homes in Sheikh Jarrah and Silwan and allow Israeli settlers to replace them.

Even as some of the most staunchly pro-Israel Democrats take a stronger stand on Palestinian rights than the Biden administration has so far, many centre-left and progressive members of the party have gone even further.

Jeremy Ben-Ami, the president of J Street, an AIPAC rival and liberal lobby group that raised more than $2 million for Mr Biden’s 2020 election campaign, said he was calling on the Biden administration to step in more forcefully.

“There’s a balance to a very large number of the [congressional] statements that you’re seeing, where they’re saying the rockets are horrible – you have to condemn the use of that kind of tactic against civilians – and it’s really important that Israel be called out on some of its activities that it has undertaken in Jerusalem in recent weeks. That’s the match that's lit the fire," he said.

J Street, which spent $190,000 lobbying the Biden administration and Congress between January and March this year, has backed legislation on Capitol Hill that would enact conditions on the $3.8 billion in annual military aid the US provides to Israel – a position that would have once constituted political suicide in Washington.

The legislation, introduced by Betty McCollum of Minnesota, would bar Israel from using US military aid to forcibly displace Palestinians, annex Palestinian territory or detain Palestinian minors.

While Democratic leaders did not advance narrower versions of the bill that Ms McCollum introduced in previous sessions, the Minnesota congresswoman now chairs the defence spending panel in the House of Representatives.

And Barbara Lee of California, the new chairwoman of the House’s foreign aid spending panel, condemned “unjust attempts to forcibly displace Palestinian families from their homes.”

But Mr Biden came out in staunch opposition to restrictions on military aid to Israel during his presidential campaign.

“US military financing to Israel is a long-standing, deep and extensive policy that has built up for decades” Mr Munayyer said.

“Joe Biden has been very clear in his record of support for Israel. He’s very much the prototypical old generation AIPAC Democrat, and I think that’s shaped a lot of who he is as a political being in the United States.”

Mr Ben-Ami also expressed frustration with the Biden administration’s failure to reverse several of former president Donald Trump’s policies that he views as destructive.

“The steps include reopening the consulate in Jerusalem that deals with the Palestinians, reopening the PLO mission in Washington, DC, reiterating that settlements are illegal under international law, reversing rules that allow US funds to be spent on settlements, reversing the idea that settlement goods are somehow made in Israel,” Mr Ben-Ami said.

“All of these are indicators of America giving a green light to occupation and to settlements and to the unsustainable nature of the conflict that leads to these rounds of violence.”

The Biden administration aside, many Washington policymakers have become increasingly comfortable striking a more critical tone on Israel.

Rashida Tlaib of Michigan – one of the most pro-Palestinian members of Congress – went so far as to state that unconditional US support for Israel emboldens apartheid policies earlier this week during remarks at the Middle East Institute.

Her use of the word apartheid to describe Israel's occupation of the West Bank – mere weeks after Human Rights Watch issued a report drawing similar conclusions – broke another long-standing taboo in Washington.

Temple numbers

Expected completion: 2022

Height: 24 meters

Ground floor banquet hall: 370 square metres to accommodate about 750 people

Ground floor multipurpose hall: 92 square metres for up to 200 people

First floor main Prayer Hall: 465 square metres to hold 1,500 people at a time

First floor terrace areas: 2,30 square metres  

Temple will be spread over 6,900 square metres

Structure includes two basements, ground and first floor 

Game Of Thrones Season Seven: A Bluffers Guide

Want to sound on message about the biggest show on television without actually watching it? Best not to get locked into the labyrinthine tales of revenge and royalty: as Isaac Hempstead Wright put it, all you really need to know from now on is that there’s going to be a huge fight between humans and the armies of undead White Walkers.

The season ended with a dragon captured by the Night King blowing apart the huge wall of ice that separates the human world from its less appealing counterpart. Not that some of the humans in Westeros have been particularly appealing, either.

Anyway, the White Walkers are now free to cause any kind of havoc they wish, and as Liam Cunningham told us: “Westeros may be zombie land after the Night King has finished.” If the various human factions don’t put aside their differences in season 8, we could be looking at The Walking Dead: The Medieval Years

 

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

MOTHER%20OF%20STRANGERS
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Miss Granny

Director: Joyce Bernal

Starring: Sarah Geronimo, James Reid, Xian Lim, Nova Villa

3/5

(Tagalog with Eng/Ar subtitles)

UAE currency: the story behind the money in your pockets

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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