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Michael Fisher

Dubai Sovereign Fund Asks for Time to Reorganize Debts - NYTimes.com - 0 views

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    The bursting bubble...
Julianne Greco

Islamic Bonds Receive a Boost - WSJ.com - 0 views

  • Global issuance of sukuk, or Islamic bonds, rallied during the third quarter with the value of sukuk issued rising 82% in the latest sign that confidence is returning to capital markets
  • Investors are putting more faith in the sukuk market, seen as a more stable platform to raise capital, as the financial crisis eases and global market conditions improve rapidly, bankers say.
  • Sukuk comply with Islam's ban on interest and are backed by physical assets from which returns are derived and paid to bondholders instead. European and Asian investors are increasingly buying into Middle East Islamic bonds in a bid to diversify their portfolios into a market showing greater signs of recovery, according to Mark Waters, BNP Paribas's head of debt capital markets in the Middle East.
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  • Primary sukuk issued out of the Middle East and North Africa region accounted for 59% of total volume of global sukuk this quarter.
Ed Webb

Ethiopia: Exploiting the Gulf's scramble for the Horn of Africa - African Arguments - 0 views

  • the United Arab Emirates played a key behind-the-scenes role in facilitating the deal between Ethiopia’s Prime Minister Abiy Ahmed and Eritrea’s President Isaias Afwerki. Both men met with Emirati leaders on several occasions before and during the reconciliation, and they have stayed in regular contact ever since.
  • After decades of disengagement, countries east of the Red Sea are scrambling to gain a greater footprint along the opposite coast. In response, states on the Horn such as Ethiopia are trying to leverage these rapidly changing geopolitical dynamics to enhance their own influence.
  • Relations between the Horn of Africa and Arab nations east of the Red Sea date back over millennia. They took a turn for the worse following the 1973 “Oil Crisis”, triggered when oil-producing Arab counties cut down production to punish Western countries that supported Israel in the Yom Kippur War. Horn countries became collateral damage as inflation skyrocketed. To overcome economic devastation and soaring debt, they began to court oil-rich Gulf States, offering political loyalty and natural resources in return for aid. Countries such as Somalia, Djibouti, Egypt, and Sudan invoked their cultural and religious connections with the Gulf in a bid to gain help in dealing with their balance of payment crisis and political instability. Arab nations seized the opportunity, using their wealth and newfound geostrategic importance to expand their influence in the Horn and secure key loyalties.
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  • profound geopolitical shifts have now renewed the Middle East’s interest in the Horn and reinvigorated the strategic significance of countries west of the Red Sea. The two main reasons for this are the war in Yemen and deepening intra-Gulf rivalries. These factors have led three main groups to vie for influence in the Horn: the Arab axis (led by Saudi Arabia and UAE, but including Egypt and Bahrain); the Iran axis; and the Qatar-Turkey axis.
  • Saudi Arabia is reportedly developing a military base in Djibouti and is considering Ethiopian requests to supply it fuel for a year with delayed payments. Meanwhile, the UAE has agreed to provide Ethiopia with huge loans, investment and infrastructure support; it has upgraded Eritrea’s Assab port and constructed a military headquarters nearby from which it has launched offensives into Yemen; and its company DP World has secured contracts worth hundreds of millions of dollars to develop the ports in Berbera and Bosaso, located in the semi-autonomous regions of Somaliland and Puntland respectively.
  • main aim is to isolate Iran, with which it has a long-standing feud, and contain the influence of the Qatar-Turkey Axis, which it accuses of promoting “political Islam”.
  • Qatar and Turkey also have deep footprints in the Horn through development aid, trade, and investments in infrastructure. Both are heavily involved in Somalia, where Turkey manages the capital’s ports and airports and has a military base. And both are investing heavily in Suakin in Sudan, with Qatar announcing a $4 billion plan to develop the port this March. There are reports that Qatar has also financed Ethiopia’s Grand Renaissance Dam, drawing anger from Egypt and its Arab allies, though Ethiopia has denied these claims.
  • Somalia has been particularly affected by intra-Gulf rivalries as some regional governments have pulled in opposite directions in an aim to consolidate alliances across the sea.
  • Amidst the growing competition for influence among the Middle Eastern axes, Addis Ababa has managed to avoid taking sides – at least publicly – and leverage its geostrategic significance as the region’s hegemon to attract much-needed investment from several different partners.
  • Ethiopia has also positioned itself well to benefit from the complex scramble for Red Sea ports. The land-locked country relies on Djibouti for nearly 97% of its imports, but now has clear avenues for diversifying its routes to sea. The rapprochement with its neighbour should give it access to Eritrean ports, while the UAE’s development of Berbera in Somaliland will give it another crucial option. Ethiopia defied the Somali federal government’s objections when it supported the UAE’s deal with the semi-autonomous region, but in return it has acquired a 19% stake in the project.
  • The combination of Gulf’s transactional politics and Africa’s often kleptocratic leadership could prove treacherous as historic rivalries take on new twists and matters develop beyond the Horn’s control.
Ed Webb

Tunisia - between instability and renewal | European Council on Foreign Relations - 0 views

  • Even though the 2011 revolution was motivated in large part by socio-economic concerns, the governments that have held office since then have been unable to improve the situation. Growth has remained low, and unemployment is high: 15 percent of the population is without work, and the rate for those with a university degree is over 30 percent. Inequality between the more prosperous coastal region and the deprived interior of the country remains striking. Around half of all workers are employed in the informal economy. Many young Tunisians lack any prospect of being able to afford a home or a car, or of being secure enough to start a family.
  • Faced with increasing debt and deficit levels and shrinking foreign currency reserves, Tunisia agreed a loan of $2.9 billion with the International Monetary Fund in 2016. The IMF called on Tunisia to cut public spending, overhaul its collection of taxes to raise government revenue, and allow the currency to depreciate. The IMF argues that it has been fairly flexible so far in enforcing public spending cuts, but it is now stepping up its pressure on the Tunisian authorities.
  • Wages in the public sector account for 15 percent of GDP (up from 10 percent in 2010), so it is hardly surprising that the government is now trying to limit spending in this area. Yet it is doing this at a time when inflation (worsened by the deflation of the Tunisian dinar that the IMF has promoted) and subsidy cuts have already had a severe impact on people’s purchasing power.
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  • It is an anomaly of the Tunisian political scene that the UGTT’s anti-austerity position has little representation among elected politicians: the largest political groups (the Islamist Ennahda party and various offshoots of the secular-modernist Nidaa Tounes party) have backed the IMF agreement
  • unemployment and the proliferation of grey-sector jobs are linked to structural biases in the economy that systematically favour a small group of politically connected businesses. Measures that might address this problem include increasing access to credit for would-be entrepreneurs, changing regulations and practices within the public and banking sectors that are tilted to a narrow elite, and reducing corruption. According to Tunisians, corruption has not been reduced but only “democratised” since the revolution. Investment in infrastructure serving disadvantaged parts of the country could also help spur more inclusive growth
  • Since the revolution, the overarching priority of political life in Tunisia has been to seek enough stability to preserve and complete the political transition. Much has been achieved, though a few important steps (notably the establishment of a Constitutional Court) remain unfulfilled. But Tunisia has now reached a point where the greatest threat to stability is no longer political rivalries around religious identity but unmet social and economic aspirations. Until now, the country’s political parties have not organised themselves to offer distinctive and coherent visions of how Tunisia’s socio-economic development can be improved, and they are paying the price in public alienation from the entire political system
Ed Webb

Beirut 1958: America's origin story in the Middle East - 0 views

  • No one in Beirut — or Washington — thought that this mission would mark the beginning of decades of seemingly endless American combat missions in the Middle East. In retrospect, Beirut in 1958 was a decisive turning point.
  • Lebanon was in the midst of a civil war pitting the Christian and Muslim communities against each other. The Muslims saw the Marines as enemies intent on keeping a hated President Camille Nemr Chamoun in office against the law. The Lebanese army, a fragile coalition of Christians and Muslims, saw the Marines as uninvited aggressors who were violating Lebanese sovereignty. The American command was prepared for the worst and was ready to deploy nuclear weapons to the battlefield from its base in Germany.
  • A year before, Eisenhower had enunciated what became known as the Eisenhower Doctrine, the first statement by a president stating that America has vital interests in the Middle East and would defend them by force if necessary.
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  • the immediate cause for the dispatch of the Marines: a coup d’etat in Baghdad on July 14. The pro-American King Faisal II had been brutally murdered in the coup, and his government was swept away. In Jordan, then federated with Iraq, Eisenhower said a “highly organized plot to overthrow the lawful government” of King Hussein had been discovered. Actually, the Central Intelligence Agency had foiled the plot several weeks before.
  • said President Chamoun had requested American military intervention to stop “civil strife actively fomented by Soviet and Cairo broadcasts.” It was the only time in the speech that Eisenhower even alluded to what had him really worried that day: the rising political power in the Arab world of Egypt’s charismatic young President Gamal Abdel Nasser and his Arab nationalist movement.
  • It was a less than candid explanation for sending in the Marines. Eisenhower made no mention of the fact that Chamoun was illegally seeking a second term and even claimed Chamoun did not seek reelection. The focus was entirely on Russia and the Cold War, an issue far more Americans understood than the intricate politics of Lebanon or the Arab world.
  • Nasser, meanwhile, was in Yugoslavia visiting the communist government there. Within hours of Eisenhower’s speech, he flew to Moscow. Both Nasser and his host Nikita Khrushchev agreed that they had no warning of the coup in Baghdad or knew anything about the coup plotters, according to recently declassified Soviet documents. Both agreed that the Iraqi coup was the most important development in the Middle East and the American intervention in Lebanon was a sideshow.
  • Nasser was, in the summer of 1958, at the pinnacle of his political career and power. Ironically, he had started his political rise very much as a protégé of the Americans.
  • The British had been completely surprised by the coup in Egypt, but the CIA was not — it had detected the signs of change coming. The agency moved quickly after to coup to establish contact with Nasser.  The point man for the CIA was the legendary Kermit “Kim” Roosevelt, a scion of the Roosevelt family born in Argentina. Kim had visited Cairo before the coup and set up contact with the Free Officers who would carry it out. In October 1952, he returned to Cairo as chief of the CIA’s Near East Division and met with Nasser at the famous Mena House Hotel near the pyramids. Each was impressed by the other and they agreed to a clandestine relationship.
  • Roosevelt led the CIA operation that overthrew a democratically elected government in Iran and restored the Shah to his throne in 1953, immediately making him the darling of both Dulles and Eisenhower.
  • Washington agreed to encourage the British to give up their Suez Canal base. British Prime Minister Winston Churchill was initially reluctant, but the U.K.’s huge debts from the world wars compelled him to make a deal and the British army agreed to leave Egypt in 1954. Roosevelt had been active behind the scenes in facilitating the deal.
  • The CIA gave Nasser a few million dollars, far short of what he wanted, to buy arms. Instead, he used it to build a large transmitter for the Egyptian radio program the “Voice of the Arabs” and broadcast his Arabist and anti-colonialist message to the region. Word spread about the source of the money for the tower, and it was nicknamed “Roosevelt’s Erection.”
  • Nasser took a decisive step when he arranged a large arms purchase from the Soviet Union’s client state Czechoslovakia in 1955. This alarmed the Cold Warriors in the West, especially John Foster Dulles, who saw the arms deal as the first significant penetration of the Middle East by Russia. It also alarmed the British and French, who saw Nasser’s growing stature as a threat to their remaining colonies and protectorates in the region such as Aden (part of modern-day Yemen), Algeria, Jordan, and Iraq.
  • Eisenhower opposed the 1956 tripartite invasion of Egypt by Britain, France, and Israel, seeing it as a throwback to imperialism, but the crisis did not improve the American relationship with Nasser.
  • Nasser’s intelligence agents unveiled a Saudi-funded plot to assassinate him, severely embarrassing King Saud, the man Eisenhower hoped would be a pro-American alternative to Egypt for the Arab public
  • The July 14 coup in Baghdad was a complete shock. A brigade of troops was scheduled to pass through the capital en route to Jordan to help back King Hussein against the threat posed by Nasser. Instead, as it entered the capital, it turned on the monarchy. The rebels surrounded the royal palace, and when it surrendered, the king and regent were shot to death. It was a bloody affair. The tanks of the coup-makers were covered with pictures of Nasser, and the crowds that cheered the Iraqi monarchy’s demise also screamed for Gamal Abdel Nasser. The military leaders of the coup said very little.
  • Lebanon’s Chamoun was already asking for American troops, and Jordan was acutely vulnerable. “If the Iraq coup succeeds it seems almost inevitable that it will set up a chain reaction that will doom the pro-West governments of Lebanon and Jordan and Saudi Arabia, and raise grave problems for Turkey and Iran.” Israel, Dulles predicted, would take over the West Bank and East Jerusalem “if Jordan falls to Nasser.” The entire Middle East — or at least its Arab components — might fall to Nasser, in his view. Russia would be the beneficiary.
  • At risk was a devastating defeat in the Cold War
  • the British government decided to send paratroopers to Amman to help steady the remnant of the Hashemite monarchy still in power there.
  • Ike was lucky in the end. His diplomats and generals on the scene in Beirut found a diplomatic way to avoid conflict and prevent the worst. The nuclear weapons were never shipped from Germany to the Mediterranean. After a period of political negotiations, Chamoun was pressured to stand down as president, and the civil war ended.
  • The return of the Marines to Beirut in 1982, for example, ended in a catastrophic truck bombing of their barracks that killed 241 soldiers. The wars in Iraq have now seemingly become endless. The region itself is constantly in turmoil, with terrorist attacks in many of its capital cities an all too routine atrocity.
Ed Webb

Thirsty crops, leaky infrastructure drive Tunisia's water crisis | PLACE - 0 views

  • "We used to grow much more wheat, we used to plant tomatoes, but we don't have (enough) water,"
  • Poor planning, sparse water resources and the worsening impacts of climate change have combined to create a crippling water crisis in Tunisia, say civil society groups.
  • Due to random cuts to water supplies, debt and management issues with the GDAs and the poor quality of water that runs from the taps, Marzougui said about three-quarters of the population have problems accessing clean water.
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  • The country's irregular rainfall patterns are accentuated by climate change, with periods of droughts and record high temperatures oscillating between torrential rain and floods, according to the agriculture ministry.
  • "We need a lot of water during Eid - for cooking, showering, for washing the intestines of the sheep," she said, referring to the traditional method for preparing meat during the holiday. "The infrastructure is bad, we lose water in the distribution network. The summer months are peak tourist season, so there is a lot of water consumption," said Louati of the OTE. "And because of climate change, the availability of water varies more than before."
  • It is mostly women who carry the burden of fetching water
  • Even for houses on the grid, water is not guaranteed. Nomad08 recorded 3,000 cuts between 2016 and 2018 across the country, lasting up to 60 days at a time.
  • latest government figures also reveal that poor infrastructure means in some regions about half of water is lost before it even reaches the tap
  • In 2017, the minister of agriculture created a committee dedicated to prioritising climate change in the management of agriculture and water. "We are in front of a fait accompli - we need to do with what we have and it is only going to become less (water)," said Rafik Aini, coordinator of the committee and senior negotiator in climate change at the agriculture ministry.
  • Tunisia's new Water Code, which was approved by ministers in September and is waiting to be debated by parliament, includes climate change as a factor to be considered in water policy decisions, unlike the original 1975 code.
  • In addition to repairing the water network, Aini told the Thomson Reuters Foundation that the government's 2050 strategy for water will involve desalination projects powered by renewable energy.
  • "It costs a lot of money and there is still (more) water lost through the network (than desalination stations are projected to produce)."
  • In January, a study by the U.N. University Institute for Water, Environment and Health (UNU-INWEH) warned that the global levels of surplus salty brine produced by this method were 50% higher than previous estimates.
  • Desalination would also have "profound impacts" on the sea ecosystem, where this waste is mostly dumped, the report found.
  • the "politics of agriculture needs to change," said Gafrej. "With precious and rare water, we do not have the right to produce certain cultures like watermelons."
  • about 80% of Tunisia's natural water resources are used for agriculture, according to last year's government figures. Thirsty crops like oranges, watermelons and tomatoes are grown for export abroad, mostly to Europe.
  • In intensive farming regions, like Kairouan, groundwater is being extracted at a faster rate than the underground supply is renewed, as well as from non-renewable groundwater sources. A government report noted that these resources are exploited up to 400% in certain regions.
Ed Webb

Cash and contradictions: On the limits of Middle Eastern influence in Sudan - African A... - 1 views

  • In Sudan, the revolutionaries who overthrew President Omar al-Bashir and who continue to organise are well aware of the threat posed by neighbouring Arab countries. Protesters’ murals show the people rejecting the interfering hands of Saudi Arabia and the United Arab Emirates (UAE). One of the most popular chants is “Victory or Egypt”, voicing activists’ determination not to succumb to a military counter-revolution as happened in their northern neighbour.
  • many Sudanese believe that the 3 June crackdown in which scores of protesters were killed only came after the green light from Saudi Arabia, the UAE and Egypt
  • In this struggle between the “Pax Africana” and Arab authoritarians, there’s no doubt that the democrats have the weaker hand. But not everything is going the Arab troika’s way.
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  • Sudan wasn’t following the script of Bahrain, where the demonstrators dispersed after a single crackdown, or Egypt, where the army took control through co-option and repression.
  • A major split between Saudi Arabia and the UAE was on show in July when the latter abruptly withdrew most of its forces from Yemen. No official explanation was given, but the decision was evidently not coordinated with Saudi Arabia, which remains bogged down in an intractable war. The UAE’s decision also shows it can be mercurial and that its policies towards the Horn of Africa may be less strategic and more opportunistic than commentators have assumed.
  • Egypt prides itself on understanding Sudan and sees Saudi Arabia and UAE as newcomers seeking influence solely by dispensing money. Egypt limited its demands on Sudan to handing over Egyptian Islamists in exile, suspending the deal for Turkey to develop a naval base, and ceding its territorial claim to the Halaib Triangle.
  • As Arab countries find themselves pulled in to the internal negotiations among the Sudanese, they will face another potential point of contention. Sudan doesn’t just need democracy, but peace. This means a role for the Islamists both in Khartoum and the provinces. For a decade, the custodian of the Darfur peace process has been Qatar, the troika’s arch rival, and it will be impossible to ignore Qatar’s role or that of Sudan’s diverse constituency of Islamists. Some of these dynamics are already playing out and reveal the lack of a common strategy among the Arab troika
  • After the secession of South Sudan in 2011, Sudan lost 75% of its oilfields and an even greater proportion of its hard currency earnings. The following year, it literally struck gold and within a few years, gold was providing 40% of Sudan’s exports. As much as a third of it, however, came to be smuggled to Libya, Chad or directly by plane to the region’s biggest gold market in Dubai. The government in Khartoum, desperate to control the commodity, responded by using the Central Bank of Sudan as its sole buying agent, paying above the market price to gold traders and printing money to cover this outlay. Buying gold to convert to hard currency became the engine of Sudan’s inflation, which skyrocketed. By 2018, the price of essential commodities such as bread and fuel was so high relative to stagnant wages that the people across the country took to the streets to protest.
  • Hemedti. His RSF militia controls the gold mines and he personally owns a number of concessions. Through Sudan’s monetary policy, vast resources were transferred from wage earners in the centre of the country to militiamen and gold traders in the peripheries
  • Hemedti has also benefited massively from providing mercenaries, which may be Sudan’s second biggest source of foreign exchange today. A few months after the Saudis launched their war in Yemen in March 2015, Sudan volunteered to send troops. The first contingent was a battalion of the regular army, but then Hemedti struck a parallel deal to dispatch several brigades of RSF fighters. Within a year, the RSF comprised by far the biggest foreign contingent fighting in Yemen with at least 7,000 militiamen. Hemedti was paid directly by Saudi Arabia and the UAE for this service. He says he deposited $350 million in the Central Bank, but has not said how much he kept to himself for his own enrichment or political spending.
  • the Central Bank of Sudan has become an instrument for Hemedti’s political finance. And since becoming the central actor in Sudan’s ruling cabal in April, he has exerted an even tighter grip on gold production and exports while moving aggressively into other commercial areas. He has increased the RSF’s deployment in Yemen and sent a brigade to fight in Libya alongside General Khalifa Haftar, who is backed by Egypt and the UAE, almost certainly in return for Emirati financial rewards. Hemedti is also expanding his family business conglomerate, the Al-Junaid companies, and running his political business on the basis of personally handing out cash to key constituents such as tribal chiefs, the police, and electricity workers.
  • none of this addresses Sudan’s macroeconomic crisis: its rampant inflation, rapidly increasing arrears on international debt, and ostracism from the dollar-based international financial system
  • Sudan’s Gulf patrons are bailing out the country with a $200 million monthly subsidy in cash and commodities, but the bailout amounts needed will quickly become too big even for the oil-rich Gulf States’ deep pockets
  • a clash between Hemedti’s political market logic and Sudan’s macroeconomy is looming.  The Sudanese technocrats associated with the FFC are well aware of this, which is why the economists called upon to put themselves forward for cabinet positions have been reluctant to agree. There is a race between Hemedti’s consolidation of power and a re-run of the economic crisis and protests that led to al-Bashir’s downfall.
  • as Sudan’s economic crisis deepens, they will have to turn to the IMF and western creditors for assistance
Ed Webb

The F-35 Triangle: America, Israel, the United Arab Emirates - War on the Rocks - 0 views

  • deepen what were heretofore covert ties across the full spectrum of civilian sectors from business to science to agriculture and even space. The Emirati-Israeli agreement builds upon years of “under the table” cooperation between security and intelligence professionals driven toward strategic alignment by a shared perception of the major regional threat — Iran.
  • the U.S. sweetener appears to be a commitment to sell it F-35 Joint Strike Fighters, as well as other advanced weaponry long sought by Abu Dhabi Crown Prince Mohammed bin Zayed
  • When Egypt made peace with Israel in 1979, it secured the second largest military aid package in the Middle East after Israel, which continues today. When Jordan made peace with Israel in 1994, the announcement came along with debt relief and the sale of F-16 fighter aircraft — and, like Egypt, Jordan remains a top recipient of American assistance
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  • Reactions to Emirati acquisition of the F-35 have largely focused on whether Israel will support such a sale and the related requirement in U.S. domestic law to ensure Israel’s military superiority against all other countries in the Middle East. The longstanding policy term, later codified in law, is “qualitative military edge.” From the Emirati point of view, if they have entered into full diplomatic relations with Israel — with a promised “warm peace,” in the words of Emirati officials — and both countries share the same threat perspective, then Israel should have confidence that these advanced weapons will not be turned against it and should therefore not object to the sale. Moreover, unlike Egypt and Jordan, the United Arab Emirates has never attacked Israel.
  • Weapons sales are a leading area of competition in the Middle East, and in the words of the former Acting Assistant Secretary for Political-Military Affairs Tina Kaidanow: Arms transfers are foreign policy. When we transfer a system or a capability to a foreign partner, we are affecting regional — or foreign internal — balances of power; we are sending a signal of support; and we are establishing or sustaining relationships that may last for generations and provide benefits for an extended period of time.
  • selling the F-35 to the United Arab Emirates would say much more about the Washington’s partnership with Abu Dhabi than it would about the evolving Emirati-Israeli relationship
  • Selling the F-35 to a country ought to be a signal that the United States has the highest measure of confidence in that country’s warfighting capabilities, decision-making on the use of force, and commitments to protecting sensitive technology. The Emirati record on each of these issues does not, however, inspire the highest confidence. The record is mixed.
  • As former government officials serving in the State and Defense Departments as well as in Congress, we are confident that the process going forward will be messy and time-consuming, specifically because the current case breaks precedent in so many ways.
  • Since the Yemen war’s inception in 2015, members of Congress have raised concerns about the conflict and U.S. support for the Saudi-led coalition, in which Abu Dhabi was a partner and to which it contributed forces until withdrawing in the summer of 2019. These concerns, and the Trump administration’s refusal to address them, culminated in Congress mandating a report on steps taken by both governments to reduce civilian casualties and comply with laws and agreements governing the use of U.S.-origin weapons — indicating skepticism that either country was doing so
  • Reflecting a long-held U.S. policy view, during his nomination hearing Washington’s envoy to Abu Dhabi noted that the country “is a moderating and stabilizing force in one of the world’s most volatile regions.” The United Arab Emirates stands out among other militaries in the region for having contributed military forces to many U.S.-led coalitions since the first Gulf War — Kosovo (late 1990s), Somalia (1992), Afghanistan (since 2003), Libya (2011) and the anti-ISIL coalition (2014 to 2015). Indeed, Jared Kushner set a new precedent for framing the American-Emirati partnership when he effectively equated it with that of America and Israel, terming them comparably “special” during his most recent visit to the Middle East.
  • Emirati regional policies have been the subject of increasing congressional concern in recent years, largely focused on the country’s actions in Yemen and Libya. Since the beginning the Saudi-led coalition’s 2015 intervention in Yemen, most congressional action focused on the Saudi role in the conflict and not the Emirati one. But in 2018, congressional concern peaked in response to Emirati plans to launch an offensive to seize the Yemeni port of Hudaydah. The Trump administration subsequently declined to provide military support for the Emirati operation, given the risks of worsening an already severe humanitarian crisis, concerns regarding the complexities of the proposed military operation, and the likelihood of mass civilian casualties
  • In both Yemen and Libya, Abu Dhabi has not succeeded in leveraging its robust military investments toward political processes that would end the conflicts. In both contexts the divergent policies of the United States and United Arab Emirates — including use of military force, conduct in combat, and utilization of U.S. defense articles — should be considered as part of the F-35 deliberations.
  • competitors in the global arms export industry — particularly Russia and China — also leverage arms sales, but by and large with no strings attached for their use. Both governments use arms sales to challenge U.S. market dominance and to undermine American partnerships in the region
  • protecting Israel’s military superiority consists of both legal requirements and longstanding political and process steps that, while not mandated by law, have paved the way for decades of bipartisan congressional consent to arms sales in the Middle East, including of advanced fighter aircraft. The requirement to protect Israel’s “qualitative military edge” is enshrined in 2008 naval vessel transfer legislation, although it had been implemented as a matter of policy between Washington and Jerusalem since the 1973 Arab-Israeli war.
  • Presumably, the United Arab Emirates and Israel entering into formal relations affirms that the former does not pose such a military threat. The Israeli perspective at the moment, however, has been complicated by the continuing murk over whether Prime Minister Benjamin Netanyahu blessed the U.S. commitment to sell the Emirati government the F-35 — without the knowledge of his own defense minister. Tensions in Netanyahu’s fragile governing coalition and a larger uproar in Israel’s defense establishment have prompted an awkward pas de deux among American, Emirati, and Israeli officials. Netanyahu — responding to concerns raised by the Israeli defense establishment — stated emphatically during an Aug. 24 joint press conference with Secretary of State Mike Pompeo that he had not consented to any arms deal as part of normalization. Given Netanyahu’s close relationship with Trump, it is safe to say that no one in either country finds this claim credible. The public spat over Israeli consent to Emirati acquisition of the F-35 escalated when Netanyahu publicly vowed to go to Congress in opposition to the sale, and the United Arab Emirates in response cancelled a planned meeting between the Israeli and Emirati ambassadors to the United Nations.
  • extensive discussions should be expected between Israeli and U.S. technical and military experts to agree on the appropriate mix of offsets to ensure Israel’s military superiority. The offsets may involve discussions of quantity (how many F-35s the Emiratis will acquire versus the Israelis), technical variations in the F-35 platform, or additional sales and assistance to Israel. This challenge is not insurmountable, but it will be time-consuming and extend pass the upcoming American electoral cycle
  • The standard for this level of consultation with Israel before moving forward with arms sales packages to others in the region was set by the Obama administration — first in 2011 with the sale of F-15 fighter jets to Saudi Arabia, and later in 2013 with the sale of F-16 fighter jets to the United Arab Emirates along with stand-off weapons to both the Saudis and the Emiratis. Concurrent with 2013 sales, the Obama administration negotiated a package for Israel to maintain its military edge that included V-22 Osprey aircraft, advanced refueling tankers, and anti-air defense missiles.
  • Though Israel has no legal right to  block the United States from selling a weapon to another country in the Middle East, Israeli support is critical, particularly during the period of congressional notification. Members of Congress on both sides of the aisle will consult with the Israeli government, and will prefer to support a sale that earns a clear green light from the Israeli government. Members are likely be left unsatisfied by ambiguous and lukewarm Israel responses to the question of selling the F-35 to the Emiratis, precisely because technical talks have not yet begun. All parties risk being stuck between the divisive politics of the moment, and the deliberative, lengthy policy considerations that such arms transfer packages usually entail, opening the door to a further erosion of bipartisanship on a key issue of national security importance — the what, when, and how of a decision by the United States to provide advanced weapons systems to partner states in the Middle East.
  • Arab capitals are closely following whether the United States will follow through on its apparent commitment to sell the F-35 (and assorted other high-end systems) to Abu Dhabi, and whether American deliverables are sufficiently compelling to consider bringing their own relations with Israel into the daylight
  • The historical record from Egypt to Jordan and now the United Arab Emirates — across administrations of both political parties — is that formal relations with Israel facilitate strategic consistency from Washington
  • Will Egypt and Jordan request the F-35 in light of their existing peace treaties with Israel? Will countries in closer geographic proximity, like Saudi Arabia, request the F-35 and additional advanced U.S. weapons as part of their normalization package?
  • For Israel, Iran and Turkey represent sobering examples in that regard — previously solid security partners within seemingly stable governance structures that became hostile.
  • military edge risks eroding as Arab governments, whether blocked from purchasing certain weapons from the United States or in addition to acquiring them, turn to China, Russia, and other weapons exporters not obligated to maintain Israel’s military superiority
  • Competition in the Middle East between the United States and its adversaries is intensifying — particularly in the weapons sales arena
  • Washington may find itself in an escalating — and unsustainable — cycle of supplementing and upgrading support, technology, and other military offsets to Israel.
Ed Webb

King Charles III's Admiration for Islam Could Mend Divides | Time - 0 views

  • Almost 30 years ago, then-Prince Charles declared that he wanted to be a “defender of faith,” rather than simply “Defender of the Faith,” to reflect Britain’s growing religious diversity. It created a bit of a storm in a teacup, as he had clearly not meant that he would be changing the traditional role so much as adding to it. The new King is a particular type of Anglican: one that on the one hand, is incredibly tied to the notion of tradition; but on the other, has shown a great deal of affinity for both Eastern Orthodox Christianity and Islam, two religions clearly outside the Anglican fold that he must now titularly lead.
  • the King has been quite public about his admiration for Islam as a religion, and Muslim communities, both in Britain and abroad.
  • Privately, he’s shown a lot of sympathy for where Muslims are in difficult political situations, both in Europe and further afield. Robert Jobson’s recent Charles at Seventy claims that the King has significant sympathies for the Palestinians living under Israeli occupation, for example. It’s also claimed that he disagreed with dress restrictions imposed on Muslim women in various European countries.
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  • in 2007 he founded Mosaic, which provides mentoring programs for young Muslims across the U.K. He also became patron of the Oxford Centre for Islamic Studies, where he gave his most famous speech, “Islam and the West” in 1993
  • If there is much misunderstanding in the West about the nature of Islam, there is also much ignorance about the debt our own culture and civilization owed to the Islamic world
  • “Islam can teach us today a way of understanding and living in the world which Christianity itself is the poorer for having lost. At the heart of Islam is its preservation of an integral view of the Universe.”
  • he also argues that the West needs Islam in the here and now. There does not seem to be a parallel in any other Western political figure.
  • the world will also get used to a Western head of state who sees Islam in quite a different light than the waves of populism across Europe and North America
Ed Webb

The weaponisation of water and Iraq's climate catastrophe - 0 views

  • From a population of half a million in the 1950s, half a century later saw approximately 20,000 remain. In the 1990s, Saddam Hussein drained the marshes to punish its inhabitants, whom he accused of betrayal during the Iraq-Iran war between 1980-1988. One of his tactics was to build dams, destroying the livelihoods of residents by withholding water. Hundreds of thousands of residents were displaced, and by the year 2000, it was estimated that 90% of the marshes had disappeared.
  • the United Nations ranked Iraq as the fifth most vulnerable country to climate change on earth
  • Residents of the marshes have stated that being granted UNESCO world heritage status has done nothing to improve their quality of life. They cite broken promises and negligence from the central government towards their plight, in regard to the constant worsening of their living conditions. These issues have provided predicaments for those whose descendants have inhabited this region for thousands of years.
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  • With the majority of Marsh Arabs having already been displaced, one's choices lie between preserving history and heritage while facing debt and danger or abandoning the land in search of survival. The southern part of Iraq could end up becoming uninhabitable within our lifetime.
  • Refugees from war will become refugees once again, this time from the climate crisis.
Ed Webb

As Egypt's economic crisis deepens, an affordable meal is hard to find - The Washington... - 0 views

  • To blame the crisis solely on the war in Ukraine would be “barely true,” said Egyptian political economist Wael Gamal. Years of borrowing and investment in megaprojects made Egypt especially vulnerable, he said. Those projects have been championed by President Abdel Fatah El-Sisi, who took power in a military coup in 2013 and has made infrastructure development a hallmark of his presidency.
  • Egypt’s economic troubles, Gamal said, become “deeper every time they go to the IMF and take more loans and cover older loans with new loans.”
  • Until recently, Ramadan said, he could buy a ton of rice for around 8,000 Egyptian pounds. Now, he said, it costs 18,000 pounds. The cost of his pasta supply has jumped by 6,000 pounds. Even the plastic containers and bags they use to package the meals are pricier than before.
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  • “It’s a wonder how people survive,”
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