Friday, April 25, 2014

The political economy of the "peace process"

"Even as Middle East envoy, his 'peacemaking' has included brokering "large business deals in the West Bank and Gaza involving telecoms and gas extraction which stood to benefit corporate clients of JP Morgan" – the giant banking firm that employs him as a "£2m-a-year adviser." Among these deals was a plan to sell Gaza's gas to Israel, which could prevent Palestinians from accessing the bulk of the revenue."