Israel adopts ‘racist’ Jewish nation-state law

Agencies
July 20, 2018

Jerusalem, Jul 20: Israel's parliament on Thursday adopted a law defining the country as the nation state of the Jewish people, provoking fears it could lead to blatant discrimination against Arab citizens.

Arab lawmakers and Palestinians called the law "racist" and said it legalised "apartheid" following a tumultuous debate in parliament.

Others said it neglects to specify equality and Israel's democratic character, implying that the country's Jewish nature comes first.

The legislation, adopted by 62 votes to 55, makes Hebrew the country's national language and defines the establishment of Jewish communities as being in the national interest.

Arabic, previously considered an official language, was granted only special status.

The law, passed in the early hours of Thursday, speaks of Israel as the historic homeland of the Jews and says they have a "unique" right to self-determination there, according to copies of the final text quoted by Israeli media.

However, a deeply controversial clause that had been seen as more specifically legalising the establishment of Jewish-only communities was changed after it drew criticism, including from Israeli President Reuven Rivlin.

The legislation becomes part of the country's basic laws, which serve as a de facto constitution.

"It is our state, the Jewish state, but in recent years some have tried to question that as well as the principles of our existence and our rights," Israeli Prime Minister Benjamin Netanyahu said after the vote on the legislation, backed by his right-wing government.

He called its approval a "decisive moment" in Israeli history.

- 'Death of democracy' -

A range of opposition politicians denounced the vote. The head of the mainly Arab Joint List alliance Ayman Odeh called it "the death of our democracy".

Arab parliament members who called the legislation "racist" ripped up copies of the bill in the chamber of the Knesset, Israel's parliament, after it was passed.

"This is a law that encourages not only discrimination, but racism as well," lawmaker Yousef Jabareen said.

Arab citizens account for some 17.5 percent of Israel's more than eight million population. They have long complained of discrimination.

Saeb Erekat, secretary-general of the Palestine Liberation Organisation, called the legislation a "dangerous and racist law" that "officially legalises apartheid and legally defines Israel as an apartheid system".

The sponsor of the law, Avi Dichter from Netanyahu's Likud party, has said it aims to defend Israel's "status as a Jewish and democratic state."

But others pointed out that references to "Jewish and democratic" in earlier versions of the law had been removed and that the law lacked references to equality as specified in the country's 1948 declaration of independence.

Shuki Friedman of the respected Israel Democracy Institute think tank said much of the law is symbolic, but it would force the courts to consider the country's Jewish nature and lead to a more "narrow interpretation of Arabs' rights".

By emphasising Israel's Jewish nature, it is "reducing, not directly but indirectly, its democratic nature," Friedman told AFP.

Various versions of the legislation have been debated for years.

Netanyahu's government, seen as the most right-wing in the country's history, had pushed for the law's approval before the parliament's summer session ends.

The legislation passed after the changing of a clause that would have allowed the state to "authorise a community composed of people having the same faith and nationality to maintain the exclusive character of that community".

Rivlin, whose role as president is mainly symbolic, had made a rare intervention in politics earlier this month to raise alarm over the clause.

The legislation "could harm the Jewish people worldwide and in Israel, and could even be used as a weapon by our enemies," he wrote in an open letter.

"Do we want to support the discrimination and exclusion of men and women based on their ethnic origin?"

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Agencies
March 15,2020

Riyadh, Mar 15: Saudi Aramco on Sunday reported a 20.6 percent drop in its net profit for 2019 due to low oil prices and production levels, the company said in a statement.

These are the first annual results to be announced by the energy giant after its historical $29.4 billion initial public offering and listing on the Saudi Tadawul market last December.

Aramco posted net profits of $88.2 billion last year compared to $111.1 billion in 2018, Monday's statement said.

"The decrease was primarily due to lower crude oil prices and production volumes, coupled with declining refining and chemical margins," it said.

The company also made $1.6 billion of impairment provisions for losses associated with Sadara Chemical Company, an Aramco subsidiary.

"2019 was an exceptional year for Saudi Aramco. Through a variety of circumstances -- some planned and some not -- the world was offered unprecedented insight into Saudi Aramco's agility and resilience," CEO Amin Nasser said.

"Our unique scale, low costs, and resilience came together to deliver both growth and world-leading returns, while also maintaining our position as one of the world's most reliable energy companies," Nasser said.

The earnings for last year are not affected by the coronavirus outbreak or the ongoing price war between Saudi Arabia and Russia that has sent oil prices crashing.

Aramco said it will distribute dividends worth $73.2 billion for 2019 but based on its commitments under the IPO, its dividends for the next five years starting this year will be at least $75 billion.

It said its capital spending last year dropped to $32.8 billion from $35.1 billion in 2018.

The company expects capital spending, which is expenditure on projects, to be between $25 billion and $30 billion this year "in light of current market conditions and recent commodity price volatility."

But it said that capital expenditure for 2021 and beyond is currently under review.

The results were announced amid a price war between Saudi Arabia and Russia after they failed to agree on additional output cuts to support prices dented by the outbreak of the coronavirus pandemic.

"The recent COVID-19 outbreak and its rapid spread illustrate the importance of agility and adaptability in an ever-changing global landscape," Nasser said.

The kingdom said last week Aramco will pump 12.3 million barrels of oil per day, boosting output by at least 2.5 million bpd.

It also announced plans to raise production capacity from 12 million bpd to 13 million bpd.

Forecasts for future crude prices and demand are also bleak.

In its latest monthly report, the Organization of Petroleum Exporting Countries lowered its forecast for global average daily demand by 0.92 million barrels to 99.73 million barrels.

Saudi Arabia is also in the midst of a royal purge that saw King Salman's brother and nephew detained after sources said they were accused of plotting a palace coup to unseat the crown prince, heir to the Saudi throne.

Aramco shares rallied immediately after the listing on December 11, rising by 19 percent to 38 riyals ($10.1) and temporarily lifting the company's valuation above the $2 trillion mark, which was sought by Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler.

But as oil prices tumble, Aramco shares have lost 29 percent from its highest point, slipping below the listing price.

On Thursday, Aramco's market value dropped to around $1.55 trillion, but it still remains the world's largest publicly listed company.

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News Network
June 15,2020

New Delhi, Jun 15: Two officials working with the Indian High Commission in Islamabad have reportedly gone missing, sources said.

The two officials are untraceable for the last few hours.

Recently news agency reported on how Pakistan 's spy agency ISI has been tailing and harassing Indian officials and also increased their presence at the residence of Acting High Commissioner Gaurav Ahluwalia.

This incident came in the backdrop when two Pakistani officials were caught red-handed and sent back trying to collect classified information and spying in Delhi.

South block is watching the developments closely, the Indian mission has also launched a complaint with local authorities and taken up the matter Pakistan Foreign Ministry.

This incident can cause a further dip in the already tense India-Pakistan relations.

Earlier in the month, India deported two Pakistani officials for espionage activities in India.

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News Network
February 18,2020

New Delhi, Feb 18: India emerged as the world's fifth-largest economy by overtaking the UK and France in 2019, says a report.

A US-based think tank World Population Review in its report said that India is developing into an open-market economy from its previous autarkic policies.

"India's economy is the fifth-largest in the world with a GDP of $2.94 trillion, overtaking the UK and France in 2019 to take the fifth spot," it said.

The size of the UK economy is $2.83 trillion and that of France is $2.71 trillion.

The report further said that in purchasing power parity (PPP) terms, India's GDP (PPP) is $10.51 trillion, exceeding that of Japan and Germany. Due to India's high population, India's GDP per capita is $2,170 (for comparison, the US is $62,794).

India's real GDP growth, however, it said is expected to weaken for the third straight year from 7.5 per cent to 5 per cent.

The report observed that India's economic liberalisation began in the early 1990s and included industrial deregulation, reduced control on foreign trade and investment, and privatisation of state-owned enterprises.

"These measures have helped India accelerate economic growth," it said.

India's service sector is the fast-growing sector in the world accounting for 60 per cent of the economy and 28 per of employment, the report said, adding that manufacturing and agriculture are two other significant sectors of the economy.

The US-based World Population Review is an independent organisation without any political affiliations.

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