Images of war, peace and the climate crisis have been chosen as the winners of this year’s World Press Photo Awards.
Four images said to highlight the importance of press photography around the world were chosen from thousands of submissions.
A confronting image said to “perfectly capture the human suffering caused by Russia’s invasion of Ukraine” was named Photo of the Year.
Evgeniy Maloletka’s image, taken during the siege of Mariupol, shows a fatally wounded pregnant woman being carried on a stretcher amid the rubble of destroyed buildings. She died less than an hour after giving birth to the lifeless body of her baby.
The Story of the Year awarded was given to Mads Nissen for nine haunting but beautiful photos showing the reality for the people of Afghanistan who are now living under the Taliban with a lack of international aid.
The Long-Term Project Award was given to Anush Babajanyan for her years-long project capturing the effects that the end of the Soviet Union had on water management — a story not often covered outside of Central Asia.
The Open Format Award, meanwhile, was given to Mohamed Mahdy, who worked alongside residents of Al Max, in Alexandria, Egypt, to preserve the memory of their fast-disappearing fishing village.
The four global winners were selected from 24 regional winners, who were chosen from more than 60,000 entries. Submissions were made by 3,752 entrants from 127 countries.
Six regional juries judged initial entrants, the chairs of which came together to form a global jury that chose the final winners.
“Our four global winners represent the best photos and stories from the most important and urgent topics of 2022,” said Brent Lewis, global jury chairman, The New York Times photo editor and co-founder of Diversify Photo.
“They also help to continue the tradition of what it is possible to do with photography, and how photography helps us to see the universality of the human condition.”
Maloletka’s image was unanimously chosen as the winner of the World Press Photo of the Year.
With the vote being decided on the first anniversary of the start of the war in Ukraine, the jury spoke of the power of the image and the story behind it.
“Millions of people around the world will look at these photos and see death, despair, loss, and crisis,” said Joumana El Zein Khoury, executive director of World Press Photo.
“My wish is that they also see what I see — the hope that through documentation there is a chance of justice and a better future, through remembering we honour what is lost, and through the courage and dedication of these photographers we are inspired.
"By highlighting these global winners, we hope to help people understand the world we all share a little bit more.”
The winning photos and stories, alongside regional winners, will be part of an exhibition set to show in more than 60 cities around the world over the coming year, including Amsterdam, Rome, Berlin, Barcelona, Zurich, Tel Aviv, Taipei, Singapore, Mexico City, Jakarta, Sydney and Toronto.
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UAE currency: the story behind the money in your pockets
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Price, base: Dh1,731,672
Engine: 6.5-litre V12
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'Nightmare Alley'
Director:Guillermo del Toro
Stars:Bradley Cooper, Cate Blanchett, Rooney Mara
Rating: 3/5
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
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Gender pay parity on track in the UAE
The UAE has a good record on gender pay parity, according to Mercer's Total Remuneration Study.
"In some of the lower levels of jobs women tend to be paid more than men, primarily because men are employed in blue collar jobs and women tend to be employed in white collar jobs which pay better," said Ted Raffoul, career products leader, Mena at Mercer. "I am yet to see a company in the UAE – particularly when you are looking at a blue chip multinationals or some of the bigger local companies – that actively discriminates when it comes to gender on pay."
Mr Raffoul said most gender issues are actually due to the cultural class, as the population is dominated by Asian and Arab cultures where men are generally expected to work and earn whereas women are meant to start a family.
"For that reason, we see a different gender gap. There are less women in senior roles because women tend to focus less on this but that’s not due to any companies having a policy penalising women for any reasons – it’s a cultural thing," he said.
As a result, Mr Raffoul said many companies in the UAE are coming up with benefit package programmes to help working mothers and the career development of women in general.
Like a Fading Shadow
Antonio Muñoz Molina
Translated from the Spanish by Camilo A. Ramirez
Tuskar Rock Press (pp. 310)
Company%20profile
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EA Sports FC 26
Publisher: EA Sports
Consoles: PC, PlayStation 4/5, Xbox Series X/S
Rating: 3/5
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