Reuters blog archive
from Stories I’d like to see:
1. Inside Qatar: the terrorists’ benefactor and America’s friend
As the war in Gaza continues, we keep hearing that one pipeline for negotiations with Hamas goes through Qatar, the tiny, oil-rich kingdom in the Gulf that has friendly relations with Hamas. In fact, Qatar hosts the leaders of Hamas and provides financial support.
According to the online Times of Israel, “Qatar continues to fund the movement’s terror apparatus abroad, enabling tunnel digging and rocket launching.”
The United States, like Israel, has branded Hamas a terrorist group and, over the weekend, stepped up its criticism of the Qataris’ support of Hamas. Yet Washington maintains friendly relations with Qatar. The bond is so tight that the largest U.S. military base in the region is there.
It’s through Qatar that the United States negotiated with the Taliban for the freedom of Army Sergeant Bowe Bergdahl. Qatar was the go-between for the release of five high-value Taliban officers, who were being held captive at Guantanamo Bay, Cuba, in exchange for Bergdahl.
from Jack Shafer:
Al Jazeera America draws such a teensy audience -- 15,000 on average during prime time, according to Nielsen -- that if you dropped all of the fledgling cable news channel's viewers into a modern NBA arena you'd leave a couple of thousand vacant seats. To place Al Jazeera America's audience in perspective, it's less than half of that once attracted by Al Gore's Current TV, the channel it replaced last August. Ratings leader Fox News Channel pulls in an evening average of about 1.6 million.
Such miserable ratings would be understandable if Al Jazeera America produced its shows on a shoestring, as did Current TV, or if it marginalized itself by broadcasting bonkers propaganda like RT (formerly Russia Today), or if most cable households couldn't receive it.
from John Lloyd:
Crooked sports didn’t begin with FIFA or the World Cup. The truth is, the fix has been in since the beginning of time.
The first recorded example was Eupolos of Thessalia, who bribed three of his competitors in a boxing bout to take a dive during the Olympic Games of 388 BC. It must have been a big bribe, since one of those fudging the match was the formidable Phormion of Halikarnassos, the reigning champion.
By Robert Cole
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
Allegations of corruption have caught FIFA offside. Questions about the way Qatar won rights to the 2022 World Cup surfaced less than two weeks before the start of this year’s quadrennial tournament. There could scarcely be a worse time for embarrassment.
from The Great Debate:
The second round of peace talks in Geneva between representatives of Bashar Al-Assad’s regime in Syria and rebel forces has ended with both sides blaming each other for the lack of progress. Beyond the finger-pointing, however, lies a growing danger to the goal of a negotiated settlement. The civil war’s religious divides are widening, making compromise unthinkable.
Representatives of the Syrian regime went to Geneva solely with the hope of convincing the opposition to let President Bashar al-Assad stay in power so he can forge an alliance against jihadist forces fighting in Syria, most notably the al Qaeda affiliates Jabhat al-Nusra and the Islamic State in Iraq and the Levant. Their argument -- one that many, including former U.S. Ambassador to Iraq Ryan Crocker, have made -- was that Assad is better than any likely alternative.
from David Rohde:
The United States won a short-term diplomatic victory over Iran this week. Under intense pressure from American officials, U.N. Secretary-General Ban Ki-moon withdrew an invitation for Iranian officials to attend the Syria peace conference.
Disinviting Tehran is the latest example of the Obama administration’s continual search for easy, risk-free solutions in Syria. As the conflict destabilizes the region, however, Washington must finally face the hard choice: Either compromise with Iran, or decisively support and arm the rebels.
By Una Galani
(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.)
China Investment Corporation finally has a new boss. But compared to most companies, a change of the top at a sovereign wealth fund doesn’t always mean a change of tack. A sovereign fund’s proximity to the government and its investment approach are critical when it comes to determining the importance, or relative unimportance, of who sits at the top.
from The Great Debate:
Nothing was trivial about the moment: Sheikh Hamad bin Khalifa al-Thani gave up his post as emir of Qatar to his son at the pinnacle of his influence, in an act as rare and surprising as his ascending to power through a bloodless coup against his own father in 1995.
from David Rohde:
A deserted street with building destroyed by what activists said was shelling by forces loyal to Syria's President Bashar al-Assad , near Aleppo International airport, May 20, 2013. REUTERS/Nour Kelze
AMMAN, Jordan – Secretary of State John Kerry and 10 European and Arab foreign ministers gathered here Wednesday night to again talk about helping Syria’s rebels.
from Global Investing:
Surprising as it may seem, the Egyptian pound has got some fans. The currency has languished for months at record lows against the dollar and the headlines are alarming -- the lack of an IMF aid programme, meagre hard currency reserves, political upheaval. So what's to like ?
Analysts at Societe Generale say that just looking at the spot exchange rate of the pound is missing the bigger picture. Instead, they advise buying 12-month non-deliverable forwards on the pound -- essentially a way of locking into a fixed rate for pound against the dollar in a year's time depending on where you think it may actually trade. They write: