Amr Moussa: Commentary, Clarification, Confirmation

Amr Moussa: Commentary, Clarification, Confirmation
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Amr Moussa: Commentary, Clarification, Confirmation

Amr Moussa: Commentary, Clarification, Confirmation

When I decided to publish my memoirs, from which two books have been written, I committed myself to three obligations that I deemed politically and morally necessary.

In a world filled with conflicting stories and contrasting narratives, these commitments were important for my memoirs to move away from problems that have been known to face similar works by leaders, politicians, intellectuals, and cultural figures.

The first of these commitments was related to the need for any narration of political facts to be backed by official sources and conclusive evidence. The second was ensuring a clear separation between personal impressions and analysis on the one hand and verified facts on the other. The third and final commitment was for my notes to be loyal to truth-telling and national interest.

Fulfilling those obligations drove me to entail the assistance of a professional journalist, Khaled Abu Bakr, not only to edit material, but also to strive to document facts from original sources as appropriate.

With the esteemed Asharq Al-Awsat newspaper releasing successive excerpts from my memoir’s second book, which was recently published by Dar El-Shorouk under the title “The Years of the Arab League,” I read a comment written by the former Iraqi Foreign Minister Naji Sabri Al-Hadithi and posted on the newspaper's website on December 13.

I deemed it necessary to respond to his comment, clarify matters, and confirm the accuracy of the facts published in the book.

To begin with, the facts that Al-Hadithi targeted in his commentary on my meeting with the late Iraqi President Saddam Hussein in Baghdad on March 19, 2002, were not extracted from memory. They were recorded in the minutes of the official meeting.

Abu Bakr had obtained a copy of the minutes from the late Ambassador Ahmed ben Helli, who had served as deputy secretary-general of the Arab League in 2016.

Since the official report used abstract technical language in describing what happened during the visit and the atmosphere that engulfed the meeting, Abu Bakr also procured an audio recording from Helli.

The recording covers the atmosphere of the meeting, the tone in which I spoke with the then Iraqi president and some other details that were not mentioned in the minutes of the session. It is important to me that Asharq Al-Awsat publishes this recording.

Together, the minutes of the meeting and the recorded audio testimony of Helli, which he made about five years after I left the helm of the Arab League, confirm the validity of all the facts mentioned in the book regarding the meeting and subsequent developments in the Iraq crisis. They leave no room for doubt about the accuracy and coherence of the memoir.

Amr Moussa is the former Secretary-General of the Arab League and former Egyptian Foreign Minister



COP29 - How Does $300 Billion Stack up?

A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)
A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)
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COP29 - How Does $300 Billion Stack up?

A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)
A demonstrator sitting on the ground holds a poster during a climate protest in Lisbon, to coincide with the closing of the COP29 Climate Summit Saturday, Nov. 23, 2024. (AP)

Countries agreed at the UN's COP29 climate conference to spend $300 billion on annual climate finance. Here are some ways of understanding what that sum is worth:

MILITARY MIGHT

In 2023, governments around the globe spent $6.7 billion a day on military expenditure, according to the Stockholm International Peace Research Institute.

That means the $300 billion annual climate finance target equates to 45 days of global military spending.

BURNING OIL

$300 billion is currently the price tag for all the crude oil used by the world in a little over 40 days, according to Reuters calculations based on global crude oil demand of approximately 100 million barrels/day and end-November Brent crude oil prices.

ELON MUSK

According to Forbes, Elon Musk's net worth stood at $321.7 billion in late November. The world's richest man and owner of social media platform X has co-founded more than half a dozen companies, including electric car maker Tesla and rocket producer SpaceX.

STORM DAMAGE

Hurricane Katrina, one of the most devastating and deadliest cyclones in US history, caused $200 billion in damage alone in 2005.

This year's climate-fueled Hurricane Helene could end up costing up to $250 billion in economic losses and damages in the US, according to estimates by AccuWeather. While preliminary estimates by Morningstar DBRS suggest Hurricane Milton, also supercharged by ocean heat, could cost both the insured and uninsured nearly $100 billion.

BEAUTY BUYS

The global luxury goods market is valued at 363 billion euros ($378 billion) in 2024, according to Bain & Company.

COPPER PLATED

The GDP of Chile - the world's largest copper producing country - stood at $335.5 billion in 2023, according to World Bank data.

GREECE'S BAIL OUT

Euro zone countries and the International Monetary Fund spent some 260 billion euros ($271 billion) between 2010 and 2018 on bailing out Greece - the biggest sovereign bailout in economic history.

BRITISH BONDS

Britain's new government needs to borrow more to fund budget plans. Gilt issuance is expected to rise to 296.9 billion pounds ($372.05 billion) for the current financial year.

TECH TALLY

A 10% share of tech giant Microsoft is worth just over $300 billion, according to LSEG data. Meanwhile the market cap for US oil major Chevron stood at $292 billion.

CRYPTO

The annual climate finance target amounts to 75% of the total value of the global market for crypto currency Ether, the world's second-largest cryptocurrency.

Alternatively, 3 million Bitcoin would cover the annual climate finance target as the world's largest cryptocurrency closes in on the $100,000 mark following a rally fueled by Donald Trump winning the Nov. 5 US presidential election.