LCCC ENGLISH
DAILY NEWS BULLETIN
July 30/07
Bible Reading of the day
Holy Gospel of Jesus
Christ according to Saint Luke 11,1-13. He was praying in a certain place, and
when he had finished, one of his disciples said to him, "Lord, teach us to pray
just as John taught his disciples."He said to them, "When you pray, say: Father,
hallowed be your name, your kingdom come. Give us each day our daily bread and
forgive us our sins for we ourselves forgive everyone in debt to us, and do not
subject us to the final test." And he said to them, "Suppose one of you has a
friend to whom he goes at midnight and says, 'Friend, lend me three loaves of
bread, for a friend of mine has arrived at my house from a journey and I have
nothing to offer him,' and he says in reply from within, 'Do not bother me; the
door has already been locked and my children and I are already in bed. I cannot
get up to give you anything.' I tell you, if he does not get up to give him the
loaves because of their friendship, he will get up to give him whatever he needs
because of his persistence. And I tell you, ask and you will receive; seek and
you will find; knock and the door will be opened to you. For everyone who asks,
receives; and the one who seeks, finds; and to the one who knocks, the door will
be opened. What father among you would hand his son a snake when he asks for a
fish? Or hand him a scorpion when he asks for an egg? If you then, who are
wicked, know how to give good gifts to your children, how much more will the
Father in heaven give the holy Spirit to those who ask him?"
Latest News Reports From Miscellaneous Sources
for July 30/07
Kouchner brings together rival Lebanese leaders-Reuters
South Africa
Karnit Goldwasser: They can't play on my feelings-Jerusalem
Post
Armed Force to Combat Weapons Influx from Syria-Naharnet
Kouchner Warns of Renewed Violence in Lebanon-Naharnet
No Breakthrough in Kouchner's Beirut Mission-Naharnet
Lebanese Army Chief Says Victory is 'Imminent,' Troops Kill 8 Militants-Naharnet
Nasrallah: Last Summer War Thwarted U.S. Plans for New Mideast-Naharnet
Lebanon troops say 8 militants killed-Los
Angeles Times
2 soldiers killed in refugee camp fight-Chicago
Tribune
France pursues Lebanon diplomacy-United
Press International
France fears new war in Lebanon-BBC
Bulgaria
Spanish foreign minister to visit Lebanon on Sunday-Monsters
and Critics.com
Lebanese troops kill 8 militants in refugee camp-USA
Today
Report from Lebanon: One of captive soldiers dead-Ynetnews
Parents blast report of soldier dead in Hezbollah captivity-Ha'aretz
French FM voices concern over Lebanon crisis-Al-Bawaba
Lebanon's by-elections threaten fragile situation - Feature-Earthtimes.org
Nasrallah: US pressured Israel to go to war-Ynetnews
Hezbollah rejects U.S. vision of Mideast-AP
Nasrallah: US vision for 'new Mideast' shattered by Lebanon war-Ha'aretz
Germany: Lebanon's Aoun motivated by personal ambition-Ya
Libnan
US vs. Iran: Cold War, Too-Washington Post
The Saudi fantasy-Ha'aretz
Lebanon faces 'civil war risk'-Gulf Daily
News
Pity Lebanese Democracy: Do Not Vote on August 5-American
Chronicle
US raids charity organization that
supports Lebanon's Hezbollah
Sunday, 29 July, 2007
Dearborn, MI - A Dearborn-based charitable organization suspected of providing
financial support to Hezbollah — a political and paramilitary organization based
in Lebanon — was shut down Tuesday following a series of raids executed by
members of the FBI's Joint Terrorism Task Force. Hezbollah has been designated
by the United States as a terrorist organization — one of more than 40 worldwide
— and has been linked to several terrorist activities, including suicide
bombings, the hijacking of TWA Flight 847 in 1985 and rocket attacks against
Israel in 2006. Following Tuesday's searches, the Goodwill Charitable
Organization (GCO) — located on Warren Avenue near Schaefer Road in Dearborn —
has been designated as a Hezbollah-affiliated organization and shut down,
according to Special Agent Dawn Clenney of the FBI's Detroit bureau. "The
organization was given this designation by the U.S. Department of the Treasury
based on an investigation conducted by the Detroit FBI," Clenney said. "There
were no arrests made and no one has been formally charged at this time."
According to a press release issued by the U.S. Treasury Department on Tuesday,
the GCO is a fundraising office established by the Martyrs Foundation — a "parastatal
organization that channeled financial support from Iran to several terrorist
organizations in the Levant — a region in the Middle East — including Hezbollah,
Hamas and the Palestinian Islamic Jihad." The GCO has provided financial support
to Hezbollah directly and through the Martyrs organization, the release said.
Hezbollah's leaders in Lebanon have allegedly instructed Hezbollah members in
the United States to send their contributions to the GCO and to contact the GCO
for the purpose of contributing to the Martyrs Foundation.
Since its founding, the GCO has sent a significant amount of money to the
Martyrs Foundation in Lebanon, the department said. "We will not allow
organizations that support terrorism to raise money in the United States or to
evade our measures and continue to operate simply by changing their names," said
Stuart Levey, Under Secretary for Terrorism and Financial Intelligence.
The CGO was one of two Muslim charities in Dearborn searched Tuesday by members
of the FBI's Joint Terrorism Task Force, which has led some members of the Arab
American community to express concern that the organizations were targeted
because of their religious affiliation.
"I don't want to believe that, but I can't deny that many of the charities that
have been raided so far are Muslim charities," said Imad Hamad, regional
director of the American-Arab Anti-Discrimination Committee.
In September 2006, the FBI raided the Southfield offices of Life for Relief and
Development, a large and highly respected Muslim charity under investigation in
connection with its activities in Iraq. The raid happened on the eve of Ramadan,
a holy month in which Muslims are required to give to worth causes. The
organization was not shut down and no charges have been filed, but the
investigation continues.
"I think it's important to remind everyone that giving to charity is not only a
Muslim value, it is an American value," Hamad said. "As Arab Americans, we feel
we are an integral part of this nation and its future — but we also cannot deny
that prejudice and discrimination exist."
A second Muslim charity searched on Tuesday — the Al-Mabarrat Charitable
Organization — remains in operation and is accepting donations.
Founded in 1991, the Al-Mabarrat Charitable Foundation — located on Schaefer
just north of Warren Avenue — is a well-known and highly regarded charity, Hamad
said, especially among Shia Muslims.
"Al-Mabarrat has been around for many years, which has led us to ask why it was
searched now, when we are again approaching the holy month of Ramadan," he said.
However, Hamad did commend FBI officials and others at the local, state and
national level for their willingness to work together to help alleviate concerns
from members of the community immediately following the searches.
"I can't count the number of meetings we've had on this topic," he said. "We
have engaged in numerous discussions, and have made it clear this action should
not cast a shadow on all charities. "Helping those in need is a part of the
American way of life — it's not limited to a single religion. We urge all
members of the public not to surrender to their fears."
Federal agents leave the Goodwill Charitable Organization in Dearborn this
morning. Agents raided the offices as part of an investigation into alleged ties
between the charity and Hezbollah. Sources: Press & Guide
Karnit Goldwasser: They can't play
on my feelings
By JPOST.COM STAFF-Jul. 29, 2007 10:11
Karnit Goldwasser, wife of kidnapped reservist Ehud Goldwasser, responded on
Sunday to a report in the Lebanese media that one of the two captives held by
Hizbullah was dead by saying that to her sorrow, she was "used" to such reports.
"They can't play with my feelings, and I know that they wouldn't just release
information to [a] newspaper," Goldwasser told Army Radio. "I know Michael Aoun,
so this report isn't worth anything to me," she said.
Nasrallah: Last Summer War Thwarted
U.S. Plans for New Mideast
Hizbullah leader Sayyed Hassan Nasrallah said last summer's war with Israel had
thwarted U.S. plans for a new Middle East and warned his group will continue to
possess a large rocket arsenal to strike Israel again if Lebanon came under
attack.
"This war aimed to impose a new Middle East, broken up into confessional and
ethnic mini-states, serving the interests of the United States and Israel,"
Nasrallah said in a speech broadcast Saturday. "There is no new Middle East,"
Nasrallah told an estimated 5,000 seated supporters in Bint Jbeil, one of the
towns hardest hit by last summer's war. "It's gone with the wind."Nasrallah did
not personally attend the rally to mark the first anniversary of the war which
Hizbullah calls "a divine victory. His speech was relayed to the crowd on a
giant screen set up in the main square of Bint Jbeil.
He said that "the American project was swept aside by the victory of the Islamic
Resistance," the armed wing of Hizbulllah.
Nasrallah charged that the July-August war was the result of "a U.S. decision"
and the United States provided Israel with "political and material support."
Nasrallah, who has been in hiding since the war sparked by Hizbullah's capture
of two Israeli soldiers in a cross-border raid, said both Washington and Israel
were counting their losses since the conflict. He said Hizbullah would never be
at peace with Israel.
"We will not wait for anyone to defend us. We will defend ourselves and our
country," he said. "We possess and we will continue to possess rockets that can
hit any area in occupied Palestine if Israel attacks Lebanon," he added.
Hizbullah launched nearly 4,000 rockets at Israel during the 34-day war.
"It is impossible to live with a back-stabbing enemy on our border, who has been
assaulting us ever since it was born."
Another aim of the war, which cost more than 1,200 lives in Lebanon, mostly of
civilians, according to Nasrallah, was to strengthen the government of Prime
Minister Fouad Saniora. "The Israelis and Americans wanted the Saniora
government to expand its authority to the whole of Lebanon's territory to the
detriment of the resistance, but that was another failure," he said,
gesticulating with his right hand to stress his points. Nasrallah added that
Israel's only hope for the return of its two captured soldiers was the release
of Lebanese prisoners it held.
"The only way is indirect negotiation which frees the Lebanese detained by
Israel," he said. Nasrallah renewed his call for a national unity government and
dismissed allegations that his group is seeking to govern Lebanon or impose
tyrannical rule over the country.Addressing Christians, Muslims and Druzes, he
said: "We want Lebanon to be a nation for all (Lebanese), with all its religions
and sects.""Our utmost ambition is partnership … political partnership,"
Nasrallah claimed. "Our utmost ambition is to be treated as normal Lebanese
citizens and not as second-class citizens." Lebanon has been plunged in a deep
political crisis since mid-November when six pro-Syrian ministers, including
five Shiites, stepped down from the Saniora government, demanding the formation
of a new cabinet with greater representation.(Naharnet-AP-AFP) Beirut, 29 Jul
07, 07:50
Kouchner Warns of Renewed
Violence in Lebanon
French Foreign Minister Bernard Kouchner warned Saturday of the danger of
violence if the eight-month standoff between Lebanon's political parties is not
solved through negotiations. "The Lebanon dialogue can continue, and I think
today has seen some progress," he told reporters after meeting the pro-Syrian
opposition speaker of parliament, Nabih Berri. "But that does not mean
everything has been settled …If the Lebanese do not resume this necessary
dialogue, unfortunately there will be more war," Kouchner warned. "There are
clans, struggles, sorts of poker games over power... but this is a deadly game
in Lebanon," he said.
Kouchner met civil representatives before meeting Berri, a member of the
Shiite-led opposition, and then had lunch with Western-backed Prime Minister
Fouad Saniora. "I know that deep down, everyone in Lebanon wants
reconciliation... maybe not the politicians, maybe not those who seize power and
want to keep it... but civil society has had enough of war," Kouchner said.
He later met separately with rival Christian leaders Michel Aoun, a key member
of the opposition and declared presidential candidate, and Lebanese Forces
Leader Samir Geagea who supports the government. Rounding off his consultations,
Kouchner also held talks with Hezbollah's former minister Mohammed Fneish and
foreign relations chief Nawaf Mussawi. The resignation last November of six
pro-Syrian ministers, five of them Shiite, sparked the current political
standoff, the country's worst since the end of the 1975-1990 civil war.
Hizbullah, the Shiite group backed by Syria and Iran, is pushing for the
opposition to be better represented in government in order to give it veto
power. But the majority insists this can only happen if Hizbullah agrees to stop
blocking parliamentary sessions in order to ensure the quorum needed for the
presidential elections to replace pro-Syrian President Emile Lahoud by a
November 22 deadline.
If the parties fail to resolve their differences in the coming weeks that could
spark a dangerous power vacuum or even the creation of two rival governments
that would plunge the country into further chaos. France has taken the lead in
trying to resolve the crisis, gathering all the parties for a conference near
Paris earlier this month and sending a top envoy to the region for consultations
with all the key players. These talks did not yield much in the way of results,
but Kouchner stressed on Saturday that the process was ongoing. "This is not a
moment of despair, nor is it a moment of joy," he said. "We will continue, I am
available, France is available."
But he also said that any solution had to come from within the country itself.
"We won't find a solution from outside... there are countries that weigh more
than others on Lebanese decisions, but the only way to get away from these
exterior positions and pressures is to have unity and reconciliation among the
Lebanese," Kouchner said.
He is due in Egypt on Sunday to meet the foreign ministers of Egypt and Saudi
Arabia and the Arab League secretary general to brief them on his Beirut
visit.(AFP-Naharnet) Beirut, 28 Jul 07, 14:49
Lebanese Army Chief Says Victory is
'Imminent,' Troops Kill 8 Militants
Lebanese Army Commander Gen. Michel Suleiman said Saturday in a rare statement
that the showdown against Fatah al-Islam militants reached its final stages.
Suleiman said that the much-awaited final assault against the remaining members
of the terrorist group in the Nahr al-Bared Palestinian refugee camp was
"imminent," the Associated Press reported. Meanwhile, Lebanese troops stormed a
tiny enclave held by Fatah al-Islam terrorists in the camp Saturday, killing at
least eight militants.
The state-run NNA said eight militants were killed in a sudden attack carried
out by commando units of the Lebanese army against the Amqa sector, which is a
junction commanding both flanks of the terrorists' enclave in the demolished
camp. The army also moved armored vehicles and 106-mm jeep-mounted recoilless
cannons into the camp in an apparent effort to demolish fortified bunkers and
tunnels used by the terrorists in their fight which broke out May 20.
Army shelling of Fatah a-Islam outposts registered the intensity of three shells
per minute, field reporters said.
The general impression among field reporters covering the confrontation is that
the army would achieve its total victory on Fatah al-Islam quite soon. The
camp's population, estimated at 31,000 people before outbreak of the fighting,
has evacuated to safety during lulls leaving behind the terrorists' families,
estimated at around 70 women and children. The army command, in a communiqué,
renewed its repeated calls on the terrorists to allow their families to leave
and refrain from using them as human shields. The communiqué noted that the
army's casualties have been relatively high in the Nahr al-Bared battle mainly
because the regular force was keen on pacifying civilians. The confrontation
started when Fatah al-Islam terrorists killed 27 soldiers in unprovoked ambushes
across north Lebanon more than two months ago.(AP-Naharnet) Beirut, 28 Jul 07,
15:12
Armed Force to Combat Weapons Influx
from Syria
The Lebanese government decided on Saturday to create a mobile force backed by
German experts to combat the influx of weapons trafficked into the country from
Syria. "The government approved the formation of a force composed of soldiers,
security agents and customs officers ... charged with controlling the northern
border with Syria," said Information Minister Ghazi Aridi. "The force will be
assisted by German experts," Aridi told reporters at the end of a government
meeting.
Germany will supply Lebanon's customs authorities with equipment that will help
it detect weapons under an agreement reached this week.
The assistance falls within the scope of United Nations Security Council
Resolution 1701. The resolution ended last year's 34-day war between Israel and
Hizbullah, and calls for the prevention of illegal arms sales and smuggling. A
report made earlier this year by U.N. Secretary General Ban Ki-moon found
"serious breaches" of the arms embargo imposed under the UN resolution, which
the United States says Syria or Iran breach to supply arms to Hizbullah.(AFP)
Beirut, 28 Jul 07, 17:07
Gulf Boom and Lebanese Dreams
Introduction
Joseph Hitti
The highly savvy Arab Gulf States, organized and integrated within the Gulf
Cooperation Council, have pushed economic development beyond anything imaginable
in the Arab world. Meanwhile, the “smart” Lebanese continue to follow Hassan
Nasrallah’s divine and imbecilic victories and wonder why they can’t achieve
their dream of becoming a Hong Kong on the Mediterranean or another Monaco .
Like the heroes of Gabriel Garcia-Marquez’s novels, the Lebanese live in a world
of fantasy where their superiority and supremacy are constantly aggrandized,
backed by a misplaced pride in ancient accomplishments dating back to 2000 BC,
and where everyone around them is jealous of them and is trying to bring them
down, even as the real and tangible world around them is a decomposing,
garbage-strewn, swampy kind of world that is rooted in religious dementia and
feudal hatreds. Thanks to leaders like Hassan Nasrallah, Michel Aoun, Walid
Jumblatt, Amin Gemayel, and Saad Hariri, the Lebanese are made to believe
idiotic conspiracy theories that say that Israel is after them because it fears
that Lebanese ingenuity will threaten Israel ’s economic domination of the
region.
Just looking at the transformation taking place in the Gulf, the Lebanese have
to realize that they have been barking at the wrong tree, and that the only
enemy they have is themselves. The enemy is within. No economic boom or
transformation will happen as long the Lebanese hate the world and think
themselves better than the rest of the world. The Gulf Cooperation Council was
created some 30 years ago. That is how long it took the Arab Gulf States to
learn how to work together, how to invest their oil revenues for the long term
survival of their region, and they have begun to harvest the rewards. The
Lebanese, on the other hand, want a great economy under giant portraits of
Hassan Nasrallah and Khomeini. They want economic booms while “resisting” the
enemy and liberating Palestine more so than the Palestinians themselves. And
they want sustainable growth after 30 years of killing and mayhem under the rule
of fanatic militia and feudal gangs. They go begging for international aid which
they then squander to line the pockets of the leaders they chose. Those are not
the ingredients of prosperity. They are the ingredients of decline and
decadence. Lebanon ’s future as it looks now is more like the barren hills of
Afghanistan under the Taliban where the only economy is the growth of the poppy
and the production of heroin. Turbans, beards, and burqas everywhere.
Mideast: Gulf Boom Is Changing the Region
Newsweek International
Afshin Molavi
An unprecedented boom is changing the region—and echoing far past its borders.
We all know the headlines by now: the Middle East is burning, right? So it
seems, as Palestinians and Iraqis wage civil war, Lebanon seethes, Syria and
Israel trade barbs and Iran spits defiance. Yet beyond the smoke a very
different story is emerging nearby. In the Arab states of the Persian Gulf ,
times have never been better. Business is booming. And political conflict has
become a foreign phenomenon, watched on flat-screen TVs in the air-conditioned
living rooms of Doha , Dubai , Kuwait City, Muscat and Riyadh .
It's no exaggeration to say that the oil-rich states of the Gulf Cooperation
Council (GCC)— Bahrain , Kuwait , Oman , Qatar , Saudi Arabia and the United
Arab Emirates —are enjoying a transformational moment, one that could deeply
affect the region if not the world. Buoyed by unprecedented oil prices, these
states are awash with cash. In the past five years, they have earned a
staggering $1.5 trillion for their petroleum, according to the Institute of
International Finance (IIF). And there's no end in sight: by the close of 2007,
the IIF says, the GCC will have picked up an additional $540 billion, more than
the combined exports of Brazil , India , Poland and Turkey
All that green has turned the once backward region into the world's 16th largest
economy, according to IIF. And if present trends continue, the GCC zone could
become the world's sixth largest by 2030. What's most remarkable, however, is
how the new money is being spent. The gulf has experienced oil booms before, but
rarely managed to capitalize on them; three decades ago an oil windfall helped
states modernize infrastructure and health services, but many leaders blew much
of the money on defense or vanity projects, or simply hid profits in Western
banks.
Today, by contrast, the gulf's farsighted, business-minded political leaders are
joining with their more mature and innovative private sectors to ensure the
money is wisely spent. Led by Dubai , which is fast becoming a modern banking
and financial-services hub, cities in the region are embracing reform and
charting an ambitious agenda for the future. "A new gulf is dawning," says
Edmund O'Sullivan, the Dubai-based editorial director of the Middle East
Economic Digest (MEED). "And it's moving much faster and smarter than it did in
the 1970s."
The revival, says Fareed Mohammed of PFC Energy in Washington, D.C., is due to
"excellent macroeconomic policies, strong technocratic capacity, a vastly
improved regulatory environment, a private sector willing to both invest and
innovate, and strong global links in services." As he notes, "All of these
ingredients have come together to support sustainable growth."
Consider: the IIF estimates that $1 trillion of the $1.5 trillion windfall has
stayed in GCC states, being spent on imports or development. That's a big
improvement on the past, when much money was stashed in Swiss banks or
squandered on weapons. True, some of today's spending, especially on the red-hot
real-estate market and extravagant tourist projects, has raised concerns. But
industrial investments, which are critical to helping the region diversify its
economy beyond oil, are rising.
This is especially so in Saudi Arabia, which, according to Georgetown's
Jean-François Seznec, is on target to become the world's top petrochemicals
producer by 2015. New steel, aluminum and plastics plants are also on the way.
In fact, a new breed of company is now emerging in the region, one that is
highly efficient, ambitious and globalized. These new gulf firms are creating
jobs, feeding the growth cycle and helping economies diversify. And they are
starting to affect other economies around the world. Leading the pack is
Emirates Airline, an award- winning company that in the next decade is expected
to become the planet's largest air-travel operator. (At a Paris air show in
June, Airbus booked an astounding $32 billion in orders from gulf-based
businesses.) Meanwhile, the Dubai-based Emaar real-estate firm is now building
projects from Casablanca to Karachi , and the U.A.E.'s Etisalat is winning
telecom contracts from West Africa to Pakistan .
Some of these businesses may be government-owned or -controlled, but they are a
far cry from the inefficient state-sponsored enterprises of the past. These are
not sinecures for tea-sipping bureaucrats; they attract top talent, compete
globally and win international awards. They're also supporting the growth of
related but truly independent gulf-based companies, such as Aramex, a regional
transport company based in Dubai . Fadi Ghandour, the company's founder,
directly credits his success to the "astonishing growth of Dubai as a business
hub," saying that his company simply could never have grown so rapidly in his
native Jordan .
On the government level, a lot of money is still being invested in safe havens
like the United States (about $300 billion this time) and Europe (about $100
billion). But in the past five years, Gulf states have also invested $60 billion
in the needy regions of the Middle East and North Africa and have put another
$60 billion in Asia . This has led to the creation of gulf-driven boom pockets
in Egypt , Morocco and Jordan . It has also led to the creation of a New Silk
Road, as trade between the GCC and Asia has quadrupled in the past decade. Gulf
investors are now lining up to buy Asian assets; when the Industrial and
Commercial Bank of China held an IPO last year, for example, the biggest buyers
hailed from Kuwait, Qatar, the United Arab Emirates, and Saudi Arabia.
Taken together, these trends have given the gulf a higher global profile than it
has ever enjoyed. For example, the vast debts of countries like the United
States are now being financed with cash from three areas of the world: China ,
Japan and the gulf. This means that the GCC states have become a major force in
growing concern over global imbalances. It also means that they have a clear
stake in stoking global growth led by the United States , lest their own
fortunes fall.
Of course, for the trend to continue, the Gulf states must keep pushing reform.
By enacting business-friendly laws, Dubai has already become the Hong Kong of
the Middle East : a free trade hub that fuels the larger economies. The regional
heavyweight, Saudi Arabia , has also taken positive steps, dramatically trimming
its debt, enacting pro-business laws and joining the World Trade Organization
last year. The Saudi private sector has started pulling its weight; in the 1970s
it accounted for less than 10 percent of the country's GDP, whereas today the
figure is more like 60 percent. And King Abdullah has launched a $600 billion
infrastructure development plan, aiming to create several new
multi-billion-dollar industrial, financial and manufacturing "cluster" cities.
These include the $27 billion King Abdullah Economic City that could, on its
completion, house 2 million people and create 1 million jobs in an area the size
of Paris .
But laggards remain. Saudi Arabia 's education system needs to start producing
more high-tech graduates and fewer experts in Islamic studies. Kuwait seems
content to follow its old model, growing fat off oil profits and investing in
blue-chip companies. And Oman , though ruled by a modernizing sultan, has been
slow to embrace the new turbocharged business climate. Throughout the region,
says Alex Theocarides, a Geneva-based private banker, "the rule of law and
transparency remain weak" and crony capitalism still holds sway: business is
dominated by a closed circle of princes and merchants who prevent the
development of a truly independent entrepreneurial culture.
Still, what's impressive is how even the quality of those cronies has improved,
says O'Sullivan of MEED. "The majority of [the gulf's] ruling princes are
modernizers with their eyes on business," he notes. Unlike the military-minded
autocrats of other Arab states, these merchant princes are adding "shareholder
value" even as they grow fat off insider deals. Thus, according to the World
Bank and World Economic Forum, the GCC now offers a far better business climate
than the rest of the Arab world.
Of course, the other Middle East could still interfere with the gulf's progress.
Conflict in Lebanon or the Palestinian territories would be unlikely to have
much effect, but Iraq 's unraveling has probably already limited foreign
investment. And a U.S. conflict with Iran , which sits right across the Persian
Gulf from the GCC, would slow business and threaten tanker traffic in the vital
Strait of Hormuz , through which 90 percent of gulf oil passes. That said, even
conflict could have its upside: Iranian capital is already fleeing to Dubai (at
last count, Dubai had 9,000 Iranian-owned businesses), and the exodus could
increase in the event of war.
Absent these gloomy scenarios, the gulf boom seems likely to continue. As Sheik
Mohammed, the ruler of Dubai , likes to say about his ambitious city-state, what
we see today is just a slice of his master plan. It's exciting to ponder what
the rest of it will bring, and the effect it will have on the gulf—and the
world.
***Molavi, a journalist and fellow at the New America Foundation, is writing a book
about the Persian Gulf region.