Iraqi prime minister's politics of exclusion and chronic denial are reigniting car bomb attacks
The international news agency Agence France-Presse has reportedly set up a dedicated unit to keep track of the number of casualties in Iraq, as the country is witnessing a surge in car bombings and gun violence in various cities.
This, according to an editorial yesterday in the pan-Arab newspaper Al Quds Al Arabi, is another indication that Iraq may be relapsing into its bloodiest years of violence in the past decade, when the monthly death toll in 2006 and 2007 routinely hit the thousands.
First to blame for the increasing bloodshed, which killed at least 86 on Monday alone and 352 so far this month, is Iraq's prime minister, Nouri Al Maliki.
"Mr Al Maliki failed to contain the rising sectarian tensions in the early stages, resorting instead to security solutions and rejecting dialogue with his opponents," the editorial noted.
Mr Al Maliki ignored the demands of residents in Anbar province, where the largest sit-ins and protests have been taking place.
A Shia Muslim, Mr Al Maliki is accused by Sunnis of being biased towards his sect in terms of official posts. The bomb and gun attacks on Monday targeted mainly Shia areas, including in the capital Baghdad.
In a statement reported yesterday, the Iraqi premier said: "I assure the Iraqi people that the [the militants] will not be able to bring us back to sectarian conflict," pledging an overhaul at the high and middle levels of his security apparatus following its failure to stop the attacks.
A statement like this shows how Mr Al Maliki is still "in denial", since the crisis is about political failure, rather than security flops, Al Quds Al Arabi argued.
"The current crisis is political first and foremost, and the bloody bombings that take innocent lives are one facet of that political crisis."
Thanks to Mr Al Maliki's policy of power-hogging, various sects, ethnic groups and political figures in Iraq feel disenfranchised, including members of his own sect.
"This is what blew the lid off simmering tensions and gave rise to the violence we are seeing today," the editorial said.
Mr Al Maliki cannot blame the people of Anbar, who have adequately proven their commitment to their nation: they have taken part in the last general elections, joined non-sectarian parties, like the Iraqi List, and, more recently, extended a dialogue initiative to Mr Al Maliki when the violence started.
He turned them down, the paper noted.
"Their involvement has unfortunately been misconstrued as a weakness, and was paid back with the use of force and marginalisation," the newspaper said in conclusion, suggesting that Iraq needs fresh general elections.
Libyans fear instability may bring intervention
Libyan leaders must be in great distress as they hear from western and African sources that the lack of security in their country might require outside intervention, according to Al Ahram, the Cairo-based newspaper.
Recent news reports out of the United States have revealed that the White House has prepared plans to dispatch special forces to Libyan territories to hunt down the culprits in last September's attack on the US mission in Benghazi, the paper said in an editorial yesterday. The US ambassador and three other members of the US mission were killed in the attack.
Nigerian diplomats have also been talking about "hotbeds of terrorism" in southern Libya, while the president of Chad, Idris Debby, revealed that Chadian militants were receiving training in the Libyan south.
And earlier the French president, Francois Hollande, declared that militants who fled Mali after the French intervention have taken refuge in Libya.
"These statements can't be good news for Libyans," Al Ahram said. "Libyans, who care about Libyan interests, stability and security, are hoping that their country's sovereignty will not pay the price for the irresponsible behaviour of some groups operating on their territory."
And their worry is justified, the paper added, as some western powers seem likely to use the perceived lawlessness in the Libyan south as a pretext to meddle.
Syria is unlikely to have used poison gas
The question about whether the Syrian regime has used chemical weapons against the rebels is still waiting for a definitive answer. But an "objective assessment" of that possibility leads to deductions that lean more towards the negative, wrote columnist Mazen Hammad in the Qatari newspaper Al Watan yesterday.
Obviously, using chemical weapons is not in the best interest of Bashar Al Assad's forces, because it might invite foreign military intervention, the columnist said. Plus, the Syrian army does not need to use chemical weapons for some heightened terrorising effect - it has already achieved that.
"The regime has not been sparing in its vicious, large-scale use of heavy artillery, missiles, air strikes and execution squads to spread fear and horror among the population and push people to flee," Hammad said.
"So, to be objective, we must admit that the reports about the use of chemical weapons in Syria cited a small number of cases of poisonous gases, not in excess of 10 or 20, while the actual use of such weapons of mass destruction would kill thousands at a time," he said.
Mr Al Assad has managed to exact enough bloodshed and destruction that this question of chemicals sounds a bit like a distraction sometimes.
* Digest compiled by The Translation Desk
translation@thenational.ae
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
SPEC%20SHEET%3A%20APPLE%20IPAD%20(2022)
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The specs: 2019 Cadillac XT4
Price, base: Dh145,000
Engine: 2.0-litre turbocharged in-line four-cylinder engine
Transmission: Nine-speed automatic
Power: 237hp @ 5,000rpm
Torque: 350Nm @ 1,500rpm
Fuel economy, combined: 8.7L / 100km
De De Pyaar De
Produced: Luv Films, YRF Films
Directed: Akiv Ali
Cast: Ajay Devgn, Tabu, Rakul Preet Singh, Jimmy Sheirgill, Jaaved Jaffrey
Rating: 3.5/5 stars
THE SPECS
Engine: Four-cylinder 2.5-litre
Transmission: Seven-speed auto
Power: 165hp
Torque: 241Nm
Price: Dh99,900 to Dh134,000
On sale: now
THE BIO
Favourite book: ‘Purpose Driven Life’ by Rick Warren
Favourite travel destination: Switzerland
Hobbies: Travelling and following motivational speeches and speakers
Favourite place in UAE: Dubai Museum
COMPANY%20PROFILE
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The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.3-litre%204cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E299hp%20at%205%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E420Nm%20at%202%2C750rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E10-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E12.4L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh157%2C395%20(XLS)%3B%20Dh199%2C395%20(Limited)%3C%2Fp%3E%0A
Zakat definitions
Zakat: an Arabic word meaning ‘to cleanse’ or ‘purification’.
Nisab: the minimum amount that a Muslim must have before being obliged to pay zakat. Traditionally, the nisab threshold was 87.48 grams of gold, or 612.36 grams of silver. The monetary value of the nisab therefore varies by current prices and currencies.
Zakat Al Mal: the ‘cleansing’ of wealth, as one of the five pillars of Islam; a spiritual duty for all Muslims meeting the ‘nisab’ wealth criteria in a lunar year, to pay 2.5 per cent of their wealth in alms to the deserving and needy.
Zakat Al Fitr: a donation to charity given during Ramadan, before Eid Al Fitr, in the form of food. Every adult Muslim who possesses food in excess of the needs of themselves and their family must pay two qadahs (an old measure just over 2 kilograms) of flour, wheat, barley or rice from each person in a household, as a minimum.
THE SPECS
Engine: 6.75-litre twin-turbocharged V12 petrol engine
Power: 420kW
Torque: 780Nm
Transmission: 8-speed automatic
Price: From Dh1,350,000
On sale: Available for preorder now
Studying addiction
This month, Dubai Medical College launched the Middle East’s first master's programme in addiction science.
Together with the Erada Centre for Treatment and Rehabilitation, the college offers a two-year master’s course as well as a one-year diploma in the same subject.
The move was announced earlier this year and is part of a new drive to combat drug abuse and increase the region’s capacity for treating drug addiction.
PRESIDENTS CUP
Draw for Presidents Cup fourball matches on Thursday (Internationals first mention). All times UAE:
02.32am (Thursday): Marc Leishman/Joaquin Niemann v Tiger Woods/Justin Thomas
02.47am (Thursday): Adam Hadwin/Im Sung-jae v Xander Schauffele/Patrick Cantlay
03.02am (Thursday): Adam Scott/An Byeong-hun v Bryson DeChambeau/Tony Finau
03.17am (Thursday): Hideki Matsuyama/CT Pan v Webb Simpson/Patrick Reed
03.32am (Thursday): Abraham Ancer/Louis Oosthuizen v Dustin Johnson/Gary Woodland
SPEC%20SHEET%3A%20NOTHING%20PHONE%20(2)
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Recipe: Spirulina Coconut Brothie
Ingredients
1 tbsp Spirulina powder
1 banana
1 cup unsweetened coconut milk (full fat preferable)
1 tbsp fresh turmeric or turmeric powder
½ cup fresh spinach leaves
½ cup vegan broth
2 crushed ice cubes (optional)
Method
Blend all the ingredients together on high in a high-speed blender until smooth and creamy.
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Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
Hotel Data Cloud profile
Date started: June 2016
Founders: Gregor Amon and Kevin Czok
Based: Dubai
Sector: Travel Tech
Size: 10 employees
Funding: $350,000 (Dh1.3 million)
Investors: five angel investors (undisclosed except for Amar Shubar)