06/11/2009

November 2 to 6, 2009

–  Abbas: I’ll not seek re-election (6/11/2009) – Al-Jazeera English

Milestone at the end of this week in the Arab media, Mahmoud Abbas announce that will not be candidate for the elections he called next January. The President of the Palestinian Authority said « he had had enough after years of frustration fighting for an independent homeland. » He said his decision was irrevocable. This change of mind is largely due to U.S. U-turn on the dismantling of Israeli settlements in the West Bank announced last weekend by Secretary of State Hilary Clinton. The Al Jazeera correspondent said that the departure of Mahmoud Abbas will allow the Israeli government to use the argument that there is no partner on the Palestinian side with whom to negotiate. Hamas said it was an internal affair of Fatah and the PLO, with whom they disagree on how to achieve an independent Palestinian state.

– Spain and Sweden help Palestinian Authority to meet end of year payments (4/11/2009) – Palestinian News Network

Sweden and Spain both paid € 25 million to the Palestinian Authority to guarantee the continuous delivery of public services to the Palestinian people. This aid is spent by the Palestinian-European Facility for the Management of Socio-Economic  Assistance (called PEGASE), which in 2009 was already an intermediate for more than € 293 million financial help from European Union member states to the PA. The long term objective is to ensure social and institutional stability necessary for the establishment of a future independent Palestinian state.

– Le Sud et la mesure du bien social (The South and the measure of social wellbeing) (3/11/2009) – IPEmed

Akram Belkaid, journalist and consultant at IPEMed (Institute of economic forecasting in the Mediterranean world) , questions the GDP as the only indicator for economic growth. From this perspective, the economic situation in the South of the Mediterranean is an argument to attract European investment. On the global scale of HDI (Human Development Index), the Maghreb countries are less well placed. This shows, according to Akram Belkaid, the need to introduce a new standard in terms of economic performance in the Southern Mediterranean.

– Energy : Egypt to increase renewable production to 15 % (4/11/2009) –Ansamed

Egypt announced its objective to increase its production of solar and wind energy from 2-3% to 15% by 2050. This statement was made at a seminar of Med-Energy in Palermo, coordinated by the Italian company ASEM.

Egypt: EIB lends 120 million for clean electricity and water (30/09/2009) –European Investment Bank

On the same issue, the EIB (European Investment Bank) granted two loans to Egypt: one of € 50 million to build a new wind farm in Gabal El Zeit on the Red Sea coast, the other of € 70 million to improve access to safe drinking water and sanitation for 4 million people in the Nile Delta. For this project, the Bank joined the KfW banking group, the AFD (French Development Agency) and the European Commission. The development of renewable energy sources is a priority for Egypt, which sees its energy demands increase every year of more or less 7.5%.