EU lends support to new plan for Jerusalem



Israel is actively working on projects aiming at the "Judaisation" of Jerusalem and creating a new reality, Reem al Masri said in an opinion piece for the Palestinian daily Al Quds. "Through its security forces and extremist settlers, Israel is in a race to show that there is no final settlement other than the one imposed by the Israeli policies. And herein lies their weakness."

Meanwhile, the Palestinians' strength goes beyond the European Union's support for a unilateral declaration of an independent Palestinian state within the 1967 borders, with Jerusalem as its capital. As time passes, negotiations over Jerusalem's status may evolve and the interests of outsiders may come into play. European plans to consider the Holy City as a joint capital of the two states implicitly identify Israeli claims to Jerusalem as illegitimate.

The European proposal is unlikely to diminish differences over the city, but may encourage alternative plans to emerge. The joint capital scheme could end the Israeli occupation of Jerusalem; an opportunity for Palestinians to overcome their divisions and officially declare Jerusalem as their capital and a symbol of their unity.

Almost every year, Javier de Cuellar, the former UN secretary general, on a ritual trip from Peru to Paris, stops by New York to meet his old colleagues at the UN headquarters, Samir Ata Allah wrote in a comment article for the London-based newspaper Al Sharq Al Awsat. He is not the only former UN chief who chooses to live overseas. His successors, Boutros Boutros Ghali and Kofi Annan, also have settled abroad since their retirement, in Paris and Geneva respectively. "I do not know why the three former UN chiefs have chosen to live abroad, although two of them, Mr Annan and Mr Cuellar, upon their retirement contested their countries' presidential elections. Perhaps, they have spent more years outside their countries and become more acquainted with global issues.

"For Mr Cuellar, this year's ritual trip was also different as it invited strong nostalgia at the sight of the gigantic blue building undergoing restorations, while the media centre remained closed during the UN's low season." The scene gives the impression that the UN is "facing immense challenges. Although the UN is not doing much, or achieving much, at least it is doing its best. Almost like some police forces in big cities, it is cannot enter the hot zones."

In a comment article for the UAE daily Al Bayane, Fadheela al Muaini referred to a case related to her by a young Emirati man about a UAE woman who resolved to marry a non-UAE citizen in defiance of her family. "The young male Emirati, pointing to rising spinsterhood in his workplace, would not complain, he said, if UAE women married stateless men while they were waiting for a UAE passport and citizenship. But he was very disappointed to find some who chose foreigners, such as the case with a woman who married one who exploited her. From the start, he was financially demanding. As a result, the wife became heavily in debt."

After she lost the support of her family and did not have a baby, her husband threatened he would marry again in his own country. This plunged her into a state of despair. The young male Emirati, reported the writer, wondered why so many Emirati women were not married. He suggested that young Emirati men marry more than one woman to ease the trend of spinsterhood. Traditionally, he said, the UAE community used to have households with two to four wives who lived together in harmony.

"Certainly, what Tzipi Livni, leader of the Kadima party, has said exposes the falsehoods of the Israeli leaders, who say they seek peace in the region and their aim is to live in peace with Arabs," observed Subhi Zuaitar in an opinion piece for the Saudi newspaper Al Watan/i>. In this sense, there is no difference in attitude between the Kadima Party led by Mrs Livni and the Likud Party led by the prime minister Benjamin Nethanyahu. On the contrary, their agendas and concepts perfectly match each other.

This was seen when the opposition leader, Mrs Livni, said she would be ready to repeat the same assault on Gaza. In terms of poetic justice at least, Arabs and Muslims can be comforted by the position of the British court. Because of her role in Operation Cast Lead, Mrs Livni was added to the list of Israeli officials wanted by the British justice system. Prior to that, Ariel Sharon was sued by the International Court of Justice in the Hague for masterminding the massacres of Sabra and Shatila in 1982.

"I would like to commend the British justice system, which has stayed firm even under the mounting political pressure." * Digest compiled by Mostapha Elmouloudi @Email:melmouloudi@thenational.ae

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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

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COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
 
 
 
 
 
 
 
Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5
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