The Jewish Chronicle

The financial turmoil may help Israel in 2009

December 11, 2008 10:59

By

Daniella Peled

2 min read

As the hangover fades on January 1, watchers of world affairs can look forward to a busy schedule over the following year with the inauguration of a new US president in January, Israeli elections in February and Iranian polls in June, not to mention the ongoing global financial turmoil and rogue nuclear programmes.

In Jerusalem, policy planners have been busy with their own forecast for 2009, and a quick look throws up some interesting predictions.
On Palestine, government sources are emphatic: a continuation of negotiations but no progress towards meaningful agreement. Israel sees this as no bad thing, however. They want to focus on the perceived dividend of negotiations — to show the Palestinians that Fatah is bringing economic development, security gains and at least the prospect of some future progress in peace talks, while Hamas is just bringing misery.

President Mahmoud Abbas faces a wobbly start to 2009, with his official term running out in January, Hamas vowing not to recognise his status after that date and no new elections likely for some time. So he will need all the help he can get. And Israel’s current policies of supporting Palestinian economic development and gradually handing over security control have had some impact, with, for example, a huge surge in tourism in Jericho.

In any case, the Israelis reason, new US president Barack Obama is unlikely to embark on a major push for Israeli-Palestinian peace in the first days of his administration. Instead, they see his attention focused towards Damascus. Indirect Israeli-Syrian talks have been ongoing but the Bush administration was opposed to supporting any kind of engagement with Syria. This is likely to change.

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