To celebrate the imminent arrival of X-Men: Dark Phoenix over Eid, 20th Century Fox declared May 13 "X-Men Day." While the day may have not quite entered the public consciousness to the same degree as New Year's Day, or even Star Wars Day (May the fourth be with you), it did give us an opportunity to see an exclusive selection of footage from the new film at a special screening in Dubai, and try to work out where the much-loved franchise might head next, given that this film is essentially the last one in the series' current format.
We will still be getting X-Men: The New Mutants in 2020, but after that, things are a little unclear. The New Mutants was originally planned as the first in a new spin-off franchise featuring, as the name implies, a new set of X-Men. Corporate world has taken over, however. In March, Disney acquired ownership of 20th Century Fox's parent company, 21st Century Fox, which held the rights to the X-Men franchise.
This meant that the characters became Disney's property, along with all the characters they already held in the main Marvel Cinematic Universe. All X-Men films in development at Fox were consequently put on hold while Disney decided how to integrate its newly acquired Marvel characters into the main MCU, which is itself in a period of transition following the events of Avengers: Endgame.
Deadpool 3 on hold
That means for now, at least, Deadpool 3 and the X-Force spin-off films, as well as the planned New Mutants series and a host of stand-alone movies for characters including Gambit, Shadowcat and Multiple Man, are on the back-burner. Though, it seems unthinkable that we've seen the last of the world's seventh most successful film franchise, and one that was an undeniable influence on the main MCU, after 20 years of success.
Far more likely is that Disney creatives are holding meetings to decide whether to restructure the current slate of films and continue with a separate X-Men franchise, perhaps still operated independently by its Fox subdivision, or wrap the X-Men characters into the sprawling main MCU, where they could have a similar role to the Guardians of the Galaxy – not quite Avengers, but they are there if help is needed, and free to have their own adventures the rest of time.
Did X-Men beget the MCU?
There's a sense in which you could argue that without X-Men, there would be no MCU. You can chart the evolution of the modern superhero film from a number of base points – Tim Burton's 1989 Batman was the first to really take the genre seriously, with a dark, dystopian Gotham City and actual complex characters. Blade pipped X-Men to the title of first Marvel big-screen treatment, and Christopher Nolan's Batman trilogy (2005-2012) gave us the notion of comic book film as high art.
X-Men was unique in its own way, however. It borrowed the darker tone and more rounded characterisation of Burton's movie, introduced social and cultural debate to the genre – the X-Men's treatment as mutants has a lot to say about our treatment of those who are different or "other" in the real world.
The introduction of a wide cast of characters with real relationships, intertwined stories and various attitudes towards their powers and the notion of being a superhero is clearly something that the MCU picked up and ran with to huge success. Like the MCU, you don't have to watch every film in the franchise for an individual chapter to make sense, but if you do watch one in isolation, you'll be missing a lot of unessential, but strangely satisfying, information.
Can X-Men stay relevant?
Whether the X-Men franchise can remain relevant in a post-Endgame world remains to be seen. It has to be said that the footage we watched, while undoubtedly suggesting a perfectly decent film, did seem a little anti-climactic, somehow small-scale after the epic cinematic experience that was Endgame, but that accusation could probably be levelled at any superhero movie viewed so soon after the Avengers cycle came to a close in record-smashing fashion. Let's be honest, even Infinity War seemed small-scale next to Endgame's bombast.
If anyone can successfully make sure the X-Men do remain relevant, it's surely Kevin Feige and the MCU team, and let's not forget that the MCU doesn't have to be epically bombastic to succeed, nor focus on the best-known characters – Ant-Man and Guardians of the Galaxy, among the most entertaining instalments in the series, are proof of that.
What do we know about Dark Phoenix?
The footage from the coming film doesn't give much away about what we can expect in the future, but why would it? Dark Phoenix was written and shot before the Disney takeover even took place. However, there does seem to be a sense of finality, of passing the baton in what we saw.
We can't give too much away in terms of plot spoilers, but as expected, Jean Grey transforms into some kind of all-powerful being following an encounter with a solar flare, and goes rogue, forcing Professor X's X-Men and Magneto's Brotherhood of Mutants to put aside their differences and unite against her.
It's actually a plot that's been covered before, in 2006's The Last Stand. Though given 2014's time-travelling Days of Future Past essentially destroyed the chronology of that film, it technically hasn't been covered before in the current X-Men timeline.
Now it’s the “days of future future” that are in the balance, so since we can’t second guess Disney’s next move, let’s look forward to one final movie in the series while we wait with bated breath for Disney’s next announcement.
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Cricket World Cup League 2 Fixtures
Saturday March 5, UAE v Oman, ICC Academy (all matches start at 9.30am)
Sunday March 6, Oman v Namibia, ICC Academy
Tuesday March 8, UAE v Namibia, ICC Academy
Wednesday March 9, UAE v Oman, ICC Academy
Friday March 11, Oman v Namibia, Sharjah Cricket Stadium
Saturday March 12, UAE v Namibia, Sharjah Cricket Stadium
UAE squad
Ahmed Raza (captain), Chirag Suri, Muhammad Waseem, CP Rizwan, Vriitya Aravind, Asif Khan, Basil Hameed, Rohan Mustafa, Kashif Daud, Zahoor Khan, Junaid Siddique, Karthik Meiyappan, Akif Raja, Rahul Bhatia
In the Restaurant: Society in Four Courses
Christoph Ribbat
Translated by Jamie Searle Romanelli
Pushkin Press
Key features of new policy
Pupils to learn coding and other vocational skills from Grade 6
Exams to test critical thinking and application of knowledge
A new National Assessment Centre, PARAKH (Performance, Assessment, Review and Analysis for Holistic Development) will form the standard for schools
Schools to implement online system to encouraging transparency and accountability
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Match info
Manchester United 4
(Pogba 5', 33', Rashford 45', Lukaku 72')
Bournemouth 1
(Ake 45 2')
Red card: Eric Bailly (Manchester United)
The specs: 2018 BMW R nineT Scrambler
Price, base / as tested Dh57,000
Engine 1,170cc air/oil-cooled flat twin four-stroke engine
Transmission Six-speed gearbox
Power 110hp) @ 7,750rpm
Torque 116Nm @ 6,000rpm
Fuel economy, combined 5.3L / 100km
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RESULT
Manchester United 2 Burnley 2
Man United: Lingard (53', 90' 1)
Burnley: Barnes (3'), Defour (36')
Man of the Match: Jesse Lingard (Manchester United)
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.”
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.