Trump’s motives on Jerusalem are unclear

first_imgThe Palestinians would get a state, though the 1967 lines would not be its borders.According to some, the territory they get would not be contiguous.That would amount to substantially less than the Palestinians demand and far more than Israel’s right flank intends to give them.If the administration is serious about such a deal, Trump needs to buy the allegiance of both sides.The capital announcement is a prize that Prime Minister Benjamin Netanyahu (weakened by corruption scandals and in no position to push back) can use to assuage his right flank.At the same time, Trump may have told Palestinian Authority President Mahmoud Abbas (who is 82 and running out of time) that no one will object if the Palestinians protest or burn flags, but serious violence will not be tolerated.If Abbas wants his state, he may have heard, he had better make sure to keep the response to Trump’s announcement muted.Netanyahu, in return, may have been warned that in return for his prize, he will be expected to deliver support for the plan Trump’s team plans to proffer. For decades, the Western world has allowed fear of Palestinian terrorism (or Palestinians backing out of negotiations) to silence claims that everyone knows to be true.Such capitulation serves no one. It doesn’t serve the West, for it renders even the U.S. impotent in the face of Palestinian threat.It doesn’t help Israel, which wants the world to acknowledge that its capital being near the seat of King David’s kingdom and the location of the two Temples symbolizes with utter clarity that the Jews have returned home.And it doesn’t serve the Palestinians, who through the use of threat, have immobilized the West and put off the serious deliberations they will have to undertake if they are ever to get the state they want.Whether the president has the focus, skill and interest in making this move the beginning of a positive and far-reaching process, though, remains to be seen.Daniel Gordis is senior vice president and Koret distinguished fellow at Shalem College in Jerusalem. Categories: Editorial, OpinionCalling it a “recognition of reality” and “the right thing to do,” President Donald Trump announced Wednesday that the U.S. was recognizing Jerusalem as Israel’s capital, and that the American Embassy will be moved from Tel Aviv to the contested city.The announcement leaves many questions, two of which are primary. Trump’s core supporters will likely stick by him through thick and thin.But there have to be some religious voters who find the president’s open endorsement of Alabama Senate candidate Roy Moore — widely believed to have forced underage women into sexual encounters — distasteful to say the least.The Russia investigation looms, as do increasing questions about whether Trump, his family or his innermost circle may be legally vulnerable.It hasn’t been a good period for the president; if Trump was looking for a diversion, he seems to have landed on an effective one.There is one much less cynical, although unlikely, possibility that deserves mention.Trump has long said he will forge a deal between Israelis and Palestinians, and rumors on the street are that the “key principles” of his team’s agreement are emerging.Accounts vary. If anyone can deliver the Israeli right, it is Netanyahu, likely the most skilled political manipulator the country has had as prime minister.With his political life possibly nearing its end and with little to show for his years in office, Netanyahu would like a deal like this to ensure his place in history.How likely is this scenario?It’s hard to say.A careful plan in which the Trump moves slowly and stays on script would hardly be characteristic of his modus operandi so far. But it’s not entirely out of the question.Trump, not surprisingly, is taking heat from all corners, including Palestinians, Iranian President Hassan Rouhani, U.K. Prime Minister Theresa May, Christian leaders in Israel and even the liberal American Jewish community.Yet even if he was motivated primarily by his own selfish needs, Trump is right — he did the right thing. The first is whether violence will ensue.The Palestinians and Turks are making threats, and Israel’s security establishment is said to be on alert.But many Israelis are dismissing the dangers of what they call “Trumpocalypse.”Unlike hypothetical steps, such as assigning the Palestinians a smaller state than they demand or ending U.S. support for a two-state solution, recognizing Jerusalem as Israel’s capital changes nothing on the ground.Many Israelis and even Palestinians thus doubt that, grandstanding aside, the Palestinians would risk much in response to a statement merely acknowledges what the world has long known to be true.The other major question is, “Why now?”Theories abound, of course, but the most obvious explanation is that Trump is seeking both a diversion from his growing problems at home and a bone to throw to his evangelical Christian and Orthodox Jewish base before his support there erodes. 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Allianz Life Indonesia books strong premium growth in Q1

first_imgThroughout 2019, the company recorded a net premium income of Rp 12.47 trillion, a 49 percent year-on-year increase.“Allianz Life Indonesia had a tremendous year in 2019. It continues to outperform the market, supported by our multi-distribution channels,” said Joos.Allianz Life Indonesia chief financial officer Cui Cui reported that, throughout last year, the company saw a 33 percent yoy growth via its agency distribution channel, while sales through the bancassurance channel grew by 20.2 percent. That growth continued throughout this year’s first quarter, as the company booked 26 percent and 55 percent yoy growth in its agency and bancassurance channels, respectively.Read also: COVID-19 exposes flaws in Indonesia’s health insurance program“In terms of investment, we are always very prudent. We have a strong risk management culture,” Cui said during the press conference. The company’s total investment funds, known as assets under management (AUM), amounted to Rp 34.23 trillion in 2019, an 8 percent increase from Rp 31.73 trillion in 2018. Meanwhile, this year, its AUM fell by 8 percent to Rp 27.21 trillion from Rp 29.67 trillion in last year’s first quarter. Its total assets recorded a similar trend. In 2019, they grew by 9 percent to Rp 38.35 trillion from Rp 35.27 trillion. However, during this year’s first quarter, the asset value declined by 5 percent to Rp 32.25 trillion from Rp 33.88 trillion in the equivalent period of last year. The insurance claims and benefit payouts rose by 14 percent to Rp 7.84 trillion in 2019 from Rp 6.86 trillion in 2018. This year, they climbed by 4 percent to Rp 702.12 billion by the end of the first quarter, up from Rp 675.98 billion in 2019’s first quarter. Allianz Life Indonesia still managed to show ample creditworthiness based on its solvency ratio, a metric used to measure a company’s ability to pay its debt obligations. By the end of 2019, it stood at 340 percent. Meanwhile, by the end of 2020’s first quarter, it was at 327.63 percent, well above the mandatory minimum of 120 percent. Read also: Prudential led Indonesian market in 2019 with premium income of Rp 25 trillionThe company’s chief marketing officer, Karin Zulkarnaen, explained during the webinar that the Alliancz tried to maintain communication with its customers as part of its business strategy during the pandemic, including through online channels. Throughout 2019, 92 percent of policies were submitted electronically, while 15 to 20 percent of issuance policies were delivered within five minutes, down from policy issuance of seven to nine days prior. Aside from that, the share of e-policies had reached 46 percent. Today, customers were able to submit claims digitally. Karin added that, insurance and benefits expenses related to COVID-19 amounted to Rp 900 billion in the first three months of the year from total claims and benefit expenses of Rp 2.06 trillion.Topics : In the first quarter of this year, Allianz Life Indonesia’s net premium income amounted to Rp 3.37 trillion, a 42 percent jump from Rp 2.36 trillion during the same period last year. Net profit reached Rp 449.4 billion in the January-March period this year, a 98 percent surge from the same period last year.“Allianz sees there will be a shift to more health products and protection,” Joos said during the company’s livestreamed press conference on Tuesday. “Ultimately, in the medium to longer term, the need for protection will only increase because of this pandemic.”[RA::Allianz Indonesia expands digital services as more people stay home::https://www.thejakartapost.com/news/2020/06/11/allianz-indonesia-expands-digital-services-as-more-people-stay-home.html]Joos noted that the growth of the company was fueled by its two main distribution channels: agency and bancassurance. Allianz Life Indonesia partners with Maybank in delivering life and health insurance products to consumers. Insurance provider Allianz Life Indonesia sees growth potential this year after its net premium income was up 42 percent year-on-year in this year’s first quarter as people shift to health products and protection.Allianz Life Indonesia country manager and president director Joos Louwerier said the company saw potential for growth this year as Indonesia still had low insurance penetration.This was despite the fact that the impact of COVID-19 on the company’s business would be prominent in this year’s second quarter, he added, as Indonesia implemented large-scale social restrictions (PSBB). The PSBB had limited people’s mobility and disrupted business operations.last_img read more

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Team Ireland go for medals at Paralympics

first_imgIn swimming, Ellen Keane will compete in the SM8 200m IM heats just before 2pm and Ailbhe Kelly also goes in the S8 100m FS heats at 3:23pm.In Cycling, Katie-George Dunlevy and Eve McCrystal are in action in the Individual Pursuit B qualifier at 2pm.Catherine Walsh and Fran Meehan are in action in the PT5 women’s triathlon at 3:20pm while Damien Vereker and Carrick-on-Suir’s Sean Hahessy go in the Individual B Kilo final just after half 3. Michael McKillop is chasing his second 1500m gold medal.The reigning champion goes in the T37 final just before 4pm.Elsewhere on the track, Orla Comerford goes in the T13 100m final at 3pm.last_img read more

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