Shamefully, Hizbollah has abetted Assad’s worst acts



Last weekend, Bashar Al Assad was quoted as saying that the Syrian conflict was turning to his government's advantage.

Few may take such optimistic comments seriously, but there is a broader implication in what Mr Al Assad said: that a military solution to the Syrian conflict is achievable. Among those who seem to support this view is Hizbollah, which has deployed thousands of combatants to Syria to defend the regime.

But what Mr Al Assad really means is that he intends to resolve Syria's problems by drowning the uprising in more blood. And that has implications for Hizbollah. The party's involvement in that effort, its strategic partnership with Syria's leadership, backed by Iran, has fundamentally altered its image.

From a party once hailed on the political left as part of the “resistance axis” against Israel and the US, Hizbollah has become complicit in the Syrian regime’s brutality.

The party’s image was damaged in Lebanon years earlier, after it sought to reverse the 2005 uprising against Syria following the assassination of a former prime minister, Rafik Hariri, which led to a Syrian military pullout. Party members were indicted in Mr Hariri’s killing, while many believe Hizbollah was involved in other assassinations between 2005 and 2013.

But somehow, Hizbollah’s action in Lebanon did little to dent its reputation worldwide among those on the left describing themselves as “anti-imperialists”. They tend to view the world mainly through a prism of hostility towards the United States.

For its admirers on the left, Hizbollah symbolised not only resistance to America and Israel – culminating in the liberation of South Lebanon in May 2000 – it also embodied the triumph of a once-poor Shia community that had long been accorded a secondary status in Lebanon, which the party helped reverse.

There was much here to rouse a feverish revolutionary imagination: a successful anti-imperialist, Third-World liberation movement that had also overcome a corrupt political system to end Shia social and political marginalisation.

Largely ignored was the other side of the coin. Hizbollah’s admirers seemed entirely to disregard the party’s more pronounced characteristics – as an armed and authoritarian religious and military organisation with a disturbing tendency to mobilise its supporters through a cult of death – jarring with many of the values the left claims to embody.

This was perhaps best shown in 2006, when Hizbollah provoked an unnecessary war with Israel after kidnapping two Israeli soldiers. At the time, the Lebanese government, in which Hizbollah was represented, issued a statement taking its distance from the party, which had failed to consult with anyone in the state before the abductions. Israel retaliated with air attacks, plunging Lebanon into a month-long war.

In response to the government, a group of 450 academics and intellectuals, many of them politically on the left and working in the west, issued a statement expressing “conscious support” for Hizbollah’s resistance against Israel, “as it wages a war in defence of our sovereignty and independence … a war to safeguard the dignity of the Lebanese and Arab people.”

The statement also expressed “utter rejection of the Lebanese government’s decision to ‘not adopt’ the Lebanese Resistance operation, thereby stripping the Resistance of political credibility before the adversarial international powers …”

Absent in this paean was any recognition that Hizbollah’s actions had undermined the authority of the government, the embodiment of national sovereignty. Nor that Hizbollah was seeking to assert itself at a time when it worried that Lebanon might break free of Damascus’ influence a year after the Syrian military withdrawal, thereby consolidating its independence.

It was easy to have contempt for Hizbollah’s rivals in the Lebanese political class. Most of them were purveyors of old-fashioned patronage, usually engaged in shady political deal-making. Hizbollah seemed on a higher plane. Its seriousness came from its alleged refusal to compromise on its principles.

But today in Syria this image has been substantially altered. While Hizbollah’s jihadist adversaries elicit no sympathy in the west, the majority of those suffering from the regime’s and the party’s gains are average Syrians who simply no longer want Mr Al Assad in power, and initially sought to remove him peacefully.

Either by action or omission, Hizbollah has aided and abetted the worst crimes of the Syrian regime. Video evidence shows party members shooting wounded prisoners, which is a war crime. The party has collaborated with military and intelligence services that have massacred, tortured, bombed or starved civilians – not least Palestinian refugees in the Yarmouk area south of Damascus and refugee camps elsewhere in Syria.

Yet, despite all this, condemnation of the party has been scant among its western devotees. Nor any sense that the cruel fate of Mr Al Assad’s Palestinian victims, given their symbolic importance for western anti-imperialists, has prompted a reconsideration of Hizbollah. No communiqués have expressed “utter rejection” of the Syrian regime’s cruelty.

Can Hizbollah continue to remain a model for its western aficionados? Can those on the political left continue to approve of a party that openly acknowledges its leading role in the Syrian regime’s barbaric three-year campaign of repression? The answer has been only remarkable silence.

The American left-wing academic Norman Finkelstein once defended Hizbollah’s resistance against Israel by saying: “There is a fundamental principle. People have the right to defend their country from foreign occupiers … from invaders who are destroying their country.”

Perhaps Mr Finkelstein is right. But that would mean that Syrians are entitled to defend their country against Hizbollah. But a wager says we will not hear that line anytime soon.

Michael Young is opinion editor of The Daily Star newspaper in Beirut

On Twitter: @BeirutCalling

Prophets of Rage

(Fantasy Records)

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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