Why Did Abu Marzouk Retract Statements on ‘Hamas Recognizing Israel’?

Ismail Haniyeh, Hanna Nasser, and a bottle of Palestinian oil during an election committee meeting with Hamas, October 2019 (Reuters)
Ismail Haniyeh, Hanna Nasser, and a bottle of Palestinian oil during an election committee meeting with Hamas, October 2019 (Reuters)
TT

Why Did Abu Marzouk Retract Statements on ‘Hamas Recognizing Israel’?

Ismail Haniyeh, Hanna Nasser, and a bottle of Palestinian oil during an election committee meeting with Hamas, October 2019 (Reuters)
Ismail Haniyeh, Hanna Nasser, and a bottle of Palestinian oil during an election committee meeting with Hamas, October 2019 (Reuters)

Hamas senior official Mousa Abu Marzouk has retracted statements in which he hinted at his movement’s readiness to recognize Israel, asserting that the Palestinian group does not acknowledge the legitimacy of the occupation.

“I confirm that the Hamas movement does not recognize the legitimacy of the Israeli occupation, and does not accept giving up any of the rights of our Palestinian people,” said Marzouk in a statement distributed by Hamas.

“We affirm that the resistance will continue until liberation,” he added.

Marzouk had said in an interview with Al Monitor that Hamas “wants to be part” of the Palestine Liberation Organization (PLO) and respects its obligations.

The PLO, a coalition of Palestinian factions, recognized the state of Israel more than 30 years ago.

Respecting the principles and commitments of the region has been a longstanding point of contention for decades between the PLO and Hamas, which has consistently refused to adhere to the region’s commitments, as doing so entails recognizing Israel.

The PLO acknowledged Israel in 1993 as part of its efforts to establish a Palestinian state along the 1967 borders.

For a long time, Hamas rejected the idea of establishing a state along the 1967 borders.

However, its rhetoric has shifted in recent years, with the group now stating that it accepts such a state, albeit without recognizing Israel.

Marzouk affirmed that Hamas seeks to establish a Palestinian state along the 1967 borders.

“Israelis have rights, but not at the expense of others,” he said in the interview.

Marzouk’s retraction of his statement, a departure from typical Hamas rhetoric, was expected, as it challenged a fundamental principle of the movement.

But did Marzouk truly not mean what he said?

Observers see Hamas joining the PLO as a crucial move amid Gaza’s devastation by Israel and the US-Israel collaboration advocating “the day after the war without Hamas.”

Therefore , Marzouk’s statement may be seen as a trial balloon.

It came hours after Hamas leader Ismail Haniyeh announced that the movement is open to discussing any initiatives that lead to a ceasefire in Gaza.

For decades, Hamas and the PLO remained at odds, and a series of agreements failed to alter the reality.

Hamas consistently refused to cede control of Gaza to the Palestinian Authority, relinquish its governance, and disarm.

Conversely, the Palestinian Authority rejected incorporating Hamas into the PLO without genuine reconciliation.

Disputes persisted on all matters related to the PLO, including representation percentages, elections, its structure, program, commitments, and reform.



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)
TT

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.