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When Political Pessimism Joins Economic Development

Immediately after the conclusion of the nuclear summit in Washington, U.S. President Barack Obama declared that he had no great hopes of achieving any progress in the peace process, yet he wished that Israel would sign the Nuclear Non-Proliferation Treaty.

He is pessimistic with regards to the peace process while hoping that Israel would sign the NPT. No further pressure would be exerted, and no sanctions could be imposed on Israel.

This will leave Israel free to carry out whatever unilateral actions it opts for, the likes of settlement activities, Judaisation, demolitions of Palestinian houses and evicting Palestinian families from their homes all over the West Bank.

The Iranian nuclear program, from the Israeli perspective, deserves imposing sanctions, and constitutes a major threat to international security, to the extent that a high-ranking Russian military official declared that there is an American plan for a strike on Iran.

This means the steam is beginning to cool over the so-called crisis between Israel and the Obama administration, especially after the letter sent by two-thirds of American senators to their president asking him to defuse the crisis with Israel.

Such a letter represents one of the heaviest pressures exerted on Obama from within the American community. It shows the success of the pro-Israel lobbying machine, but also indicates that more hurdles are being put in the path of peace and the prospect of a peaceful solution.

Amidst this atmosphere are some positive economic signs, this time from Spain, during a meeting of the international committee coordinating help for the Palestinians.

The committee, in its final communiqué, emphasized its satisfaction with regard to the increase of economic growth, and the decrease of dependency on foreign assistance from 28% to 18%.

Prime Minister Salam Fayyad in turn stressed that the Palestinian Authority asked for an assistance of $1.2 billion to cover the day-to- day expenditures this year, and not $1.8 billion as previously estimated.

This positive development occurred despite all Israeli measures, hurdles and obstructions, both in the West Bank or in the besieged Gaza Strip.

ًWe certainly do not claim that our economy has achieved self-sufficiency, a goal that we might not reach, especially when several Arab and non-Arab countries suffer from permanent financial deficiencies.

Yet the positive economic development should be sustainable and increasing. This must also be our practical, albeit limited, response to all Israeli atrocities.