Ultima Thule

In ancient times the northernmost region of the habitable world - hence, any distant, unknown or mysterious land.

Wednesday, February 01, 2006

World Bank expresses unrelenting pressure on Hamas -- NOT!

By Aussiegirl

Just as I predicted, the international wussies led by Paul Sheep-in-Wolf's clothing Wolfowitz, say that keeping up financial aid to Hamas is the best way to "keep up pressure for Palestinian reform".

Gee -- I wonder how long they can take that kind of intense heat!

FT.com / Home UK - World Bank chief backs continued Palestinian aid

Paul Wolfowitz, president of the World Bank, said yesterday that the bank should continue delivering aid to the West Bank and Gaza in spite of last week's electoral victory for the militant Islamic organisation Hamas.

Speaking to the Financial Times, Mr Wolfowitz said the bank was operating in Palestinian areas at the request of the "quartet" of the US, the United Nations, Russia and the European Union. "What we do now depends on what the quartet asks us to do," he said. "I hope they will ask us to stay."

The bank chairs the committee of donors for the West Bank and Gaza, which disburses about $1bn (€820m, £560m) a year. The EU, which is the largest single donor, recently suspended some of the aid that was funnelled directly into the budget of the Palestinian Authority (PA) in protest at financial mismanagement.

Donors have been warning Hamas since the election that the aid could be withheld or delivered through other routes if the organisation did not renounce violence and recognise Israel's right to exist. Mr Wolfowitz said that keeping aid flowing would help the transition to the creation of a Palestinian state alongside Israel and keep up pressure for Palestinian reform.


At 5:20 PM, Anonymous Pindar said...

Obviously Wolfowitz is a brilliant man, and perhaps even more brilliant now that he is at the World Bank. In my simple way, I would have thought that the old carrot/stick tactic would be more efficient in "keeping up pressure" on Hamas. Isn't that how it works...if you do X, i.e. renounce obliterating Israel, then I do Y, i.e. give you aid money, but if you don't do X, then I don't do Y. Unless I missed something here, there's no tit for tat, but only tit.


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