General Wesley Clark to receive 2015 C3 US-Arab Business Summit’s highest award

Updated 17 October 2015
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General Wesley Clark to receive 2015 C3 US-Arab Business Summit’s highest award

General Wesley K. Clark (ret.) will deliver the 2015 C3 US-Arab Business Summit keynote address on Monday (Oct. 19) at the Union League Club in New York City.
General Clark will receive the summit’s highest award in recognition of his distinguished public service as a decorated military leader, his efforts to educate on major global issues, and his commitment to American business success.
Held in New York City and Riyadh each year, C3 summits are the fastest growing and most important interdisciplinary global conferences for senior business and health care professionals in the US-Arab world.
C3 focuses on the most important aspects of relations between the United States and Arab World — community, collaboration, and commerce.
The keynote panel will be from the C3 summit partners with the US State Department, dozens of government and business leaders, the US Chamber of Commerce, organizations such as XS Conferences and Exhibitions and L-3 Communications.
The theme of the summit is "Smart cities, cyber Security and bilateral prosperity."
General Clark serves as chairman and CEO of Wesley K. Clark & Associates, a consulting firm. He is co-chairman of growth energy, senior Fellow at UCLA's Burkle Center for International Relations, adviser at the Blackstone Group, trustee of International Crisis Group, founding chair of City Year Little Rock/North Little Rock, and chairman of Enverra Inc., a banking and strategic advisory firm.
General Clark, who has authored four books, is a founding member of the Clinton Global Initiative's energy and climate change advisory board, and is director of the Atlantic Council.
In his last assignment as supreme allied commander Europe, he led NATO forces to victory.
“We are honored to host General Clark at this year’s summit and humbled to present our Lifetime Achievement Award to him,” said Ransel Potter, founder and MD, C3 International.


Urgency needed to boost Palestinian economy: IMF chief

Updated 8 min 35 sec ago
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Urgency needed to boost Palestinian economy: IMF chief

  • The MF has been warning of severe deterioration in the Palestinian economy
  • ‘If there is an economic plan, if there is urgency, it’s a question of making sure that the momentum is sustained’

MANAMA: IMF chief Christine Lagarde said Wednesday that major economic growth was possible in the Palestinian territories if all sides showed urgency, as she took part in a US-led conference boycotted by the Palestinian leadership.
The International Monetary Fund has been warning of severe deterioration in the Palestinian economy, with tax revenue blocked in a dispute with Israel which has also imposed a crippling blockade on the Gaza Strip for more than a decade.
“If there is an economic plan, if there is urgency, it’s a question of making sure that the momentum is sustained,” said Lagarde.
The IMF chief is attending a conference in Bahrain to discuss the economic aspects of a United States plan for Israeli-Palestinian peace, which has already been rejected by the Palestinians as it fails to address key political issues.
Lagarde said for the US plan to work “it will require all the goodwill in the world on the part of all parties — private sector, public sector, international organizations and the parties on the ground and their neighbors.”
Citing examples of post-conflict countries, Lagarde said that private investors needed progress in several sectors including strengthening the central bank, better managing public finance and mobilizing domestic revenue.
“If anti-corruption is really one of the imperatives of the authorities — as it was in Rwanda, for instance — then things can really take off,” she said.
The plan presented by White House adviser Jared Kushner calls for $50 billion of investment in the Palestinian territories and its neighbors within a decade.
The proposals for infrastructure, tourism, education and more aim to create one million Palestinian jobs.
Gross domestic product in the Gaza Strip declined by eight percent last year, while there was only minor growth in the West Bank.
Kushner, opening the conference on Tuesday, called the plan the “Opportunity of the Century” — and said the Palestinians needed to accept it before a deal can be reached on political solutions.
The Palestinian Authority has rejected the conference, saying that the US and Israel are trying to dangle money to impose their ideas on a political settlement.
Washington says it will unveil the political aspects of its peace deal at a later date, most likely after Israel’s September election.