Henry Kissinger at a luncheon hosted by US Secretary of State Antony Blinken in December. EPA
Henry Kissinger at a luncheon hosted by US Secretary of State Antony Blinken in December. EPA
Henry Kissinger at a luncheon hosted by US Secretary of State Antony Blinken in December. EPA
Henry Kissinger at a luncheon hosted by US Secretary of State Antony Blinken in December. EPA

Henry Kissinger at 100: Polarising US diplomat's legacy in spotlight


Thomas Watkins
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As Henry Kissinger – America's most polarising diplomat – turns 100, scholars and historians are again reviewing the legacy of a man who is both reviled and revered.

Born in the Bavarian city of Fuerth on May 27, 1923, Mr Kissinger this week showed that his interest in foreign policy has never waned, when he weighed in on the war in Ukraine and other geopolitical issues.

“The time has come to begin talks about a ceasefire, preferably after the [Ukrainian] offensive that is now planned,” he told the Economic Club of New York, which held a lavish event in his honour.

Mr Kissinger, who was secretary of state and national security adviser under Richard Nixon and Gerald Ford, said that at the end of the war, Ukraine should join Nato, something he had opposed when the Soviet Union collapsed three decades ago.

The soon-to-be centenarian has played an outsized role in American foreign policy in the years since he left government in 1977, with diplomats and policymakers seeking his counsel even now.

Over the years, Mr Kissinger received prestigious US awards including the Presidential Medal of Freedom, the nation's top civilian honour.

But controversially, he also won the Nobel Peace Prize in 1973 for helping to oversee the Paris Peace Accords to end the Vietnam War – even though evidence suggests he knew the deal was doomed.

And during the same conflict, Mr Kissinger was the architect of the illegal carpet bombing of Cambodia that led to tens of thousands of civilian deaths, a historical horror that has led many critics to call him a war criminal.

He has been a vigorous self-promoter of his talents, detailed in three volumes of memoirs, but critics contend that his abilities as a statesman are overrated.

They say his actions in Vietnam, Cambodia, Bangladesh, East Timor and many other countries forever sullied America’s claim for a moral high ground.

“Whether one admires Henry Kissinger or not, there is no question that he was the most consequential secretary of state in modern American history,” said presidential historian Luke Nichter.

Henry Kissinger, right, with president Richard Nixon, in Vienna in 1972.
Henry Kissinger, right, with president Richard Nixon, in Vienna in 1972.

Mr Kissinger's time as a statesman during the tumultuous 1970s is frequently defined by his approach to realpolitik, a pragmatic and largely amoral doctrine in which he sought to maximise US power by whatever means were most expedient.

He played a key role in Nixon's opening to China as the US sought to capitalise on the Soviet Union's rivalry with its fellow communist power.

Dr Nichter, a history professor and chairman in presidential studies at Chapman University in Orange, California, described Mr Kissinger as a giant in “creative diplomacy”.

“Whether overt, covert, or shuttle. For better or worse, you could include in this China, Russia and Vietnam, but also Cambodia, Chile and the Middle East," Dr Nichter told The National.

"His government career is a reminder that creative diplomacy should always be a central feature of US foreign policymaking."

As secretary of state, Mr Kissinger was deeply involved in the Middle East. He spent years negotiating deals between Israel and its Arab neighbours Egypt and Syria, cementing a regional order that persists today.

David Greenberg, a professor of history and journalism at Rutgers University, said Mr Kissinger has done many “unsavoury things”, including prolonging the Vietnam War more than necessary and supporting the Chilean dictator, Gen Augusto Pinochet.

“But he was not a 'war criminal.' That term should be reserved for those who do barbaric things,” such as Syrian President Bashar Al Assad or Russian leader Vladimir Putin, Mr Greenberg told The National.

“What Kissinger did was well within the norms of what any foreign policy adviser might do. It is open to severe criticism, but not to criminal prosecution.”

Mr Greenberg said that Mr Kissinger's “greatest offence” was his role in the Nixon White House's use of listening bugs and dirty tricks during the time of the Watergate scandal.

Fleeing Nazi persecution

Mr Kissinger was 10 when the Nazis came to power in his native Germany. In 1938, he fled with his family to the US to escape persecution, and they settled in New York.­

He became a naturalised American citizen in 1943 and found himself back in Germany shortly afterwards, this time with the US Army, which used his German-language skills and assigned him to work in intelligence.

After the Second World War, he returned to his home town and learnt that most of his friends and relatives had been murdered in Nazi concentration camps.

Despite a lifetime in America, Mr Kissinger’s deep, growling voice never lost its distinctive German accent.

“When I was with the Infantry Division nobody ever mentioned my accent, so I thought I had lost it. But going to Harvard cured me of that illusion,” he quipped at the Economic Club on Tuesday.

After the war, Mr Kissinger studied at Harvard University, eventually earning a doctorate in 1954 and joining the faculty.

His keen interest in foreign affairs saw him join the presidential campaigns of Republican Nelson Rockefeller in 1960, 1964 and 1968 as a foreign policy adviser.

He once described Richard Nixon as “the most dangerous of all the men running to have as president”, yet he switched his allegiance to the Republican when he won the party’s 1968 primary.

The new president anointed Mr Kissinger as his national security adviser.

Mr Kissinger's enduring fame and the fascination he still projects on many scholars, pundits and foreign policy buffs is baffling to some.

“Once we scratch the surface of his invariably opaque and oracular prose, we discover that he has always been a fairly conventional thinker,” said Mario Del Pero a diplomatic history expert and professor at SciencesPo in Paris.

“Someone who – from limited nuclear wars to missile gaps, from transatlantic quarrels to US international credibility – has almost invariably followed the intellectual vogues of the time more than shaped or challenged them.”

Dr Del Pero told The National that Mr Kissinger has long presented himself as a sage European realpolitiker, teaching a naive America the perennial, ruthless laws of international politics.

That “kind of message that has worked particularly well in times of crisis” when liberal internationalism and its globalist prescriptions appeared discredited, he said.

Chinese President Xi Jinping and Henry Kissinger at the 2019 New Economy Forum in the Great Hall of the People in Beijing, in November 2019. AFP
Chinese President Xi Jinping and Henry Kissinger at the 2019 New Economy Forum in the Great Hall of the People in Beijing, in November 2019. AFP
Cinco in numbers

Dh3.7 million

The estimated cost of Victoria Swarovski’s gem-encrusted Michael Cinco wedding gown

46

The number, in kilograms, that Swarovski’s wedding gown weighed.

1,000

The hours it took to create Cinco’s vermillion petal gown, as seen in his atelier [note, is the one he’s playing with in the corner of a room]

50

How many looks Cinco has created in a new collection to celebrate Ballet Philippines’ 50th birthday

3,000

The hours needed to create the butterfly gown worn by Aishwarya Rai to the 2018 Cannes Film Festival.

1.1 million

The number of followers that Michael Cinco’s Instagram account has garnered.

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Some of Darwish's last words

"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008

His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.

The%20specs
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White hydrogen: Naturally occurring hydrogenChromite: Hard, metallic mineral containing iron oxide and chromium oxideUltramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica contentOphiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on landOlivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

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

Under 19 World Cup

Group A: India, Japan, New Zealand, Sri Lanka

Group B: Australia, England, Nigeria, West Indies

Group C: Bangladesh, Pakistan, Scotland, Zimbabwe

Group D: Afghanistan, Canada, South Africa, UAE

 

UAE fixtures

Saturday, January 18, v Canada

Wednesday, January 22, v Afghanistan

Saturday, January 25, v South Africa

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.”

500 People from Gaza enter France

115 Special programme for artists

25   Evacuation of injured and sick

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Updated: May 25, 2023, 1:41 PM