AD200910705259982AR
AD200910705259982AR
AD200910705259982AR
AD200910705259982AR

Recount


  • English
  • Arabic

Remember the wrangling, endless discussion about chads (hanging, dimpled or otherwise) and the intense battling over hand recounts? Nine years and a new president later, it can be difficult to summon those heady 36 days when Republicans and Democrats wrestled for victory in the 2000 election. Let Recount serve as a reminder.

HBO aired the film last May, when the sun was setting on George W Bush's presidency, and now it has come to DVD, chalking up major awards on the way, including Emmys and Golden Globes. The film unquestionably leans to the left, with the Al Gore adviser Ron Klain (Kevin Spacey) portrayed as a kind of heroic George Washington figure, battling against the evil machinations of the Republican camp as they make their stealthy moves to snatch victory.

But while the characterisation might be black and white, the situation in November and December 2000, as the film shows, inspired a level of confusion that put it up there with quantum physics. In fact, Recount captures this confusion so well that unless you have a PhD in the American constitution or have made an exhaustive study of the voting patterns of elderly Palm Beach residents, it may prove somewhat tricky to follow.

The film opens simply enough, with scenes of geriatric voters bent over their ballots in the voting booth on election day, scratching their heads. "Bush or Gore? I just can't decide," their puzzled expressions say. Finally they exercise their democratic right with a hole punch and totter off. Job done. Or is it? Confusion arises as it soon becomes clear that, despite several television networks calling a Republican win, the numbers are too close in Florida for anything to be certain. Did the voters hole punch firmly enough? If the numbers are that close in Florida, what about other states? Could those dear elderly voters even read the confusing ballot paper?

From this point, the film is taken up with a good dose of lawyer-speak, with the odd, laughable Hollywood line thrown in. "It's a street fight for the presidency," proclaims Bush's chief legal adviser, James Baker (Tom Wilkinson), from his mahogany, air-conditioned office. "We are the world's greatest democracy," says the former Secretary of State and Gore lawyer Warren Christopher (John Hurt). Perhaps the film should come with a special advisory. If you're the sort to thrill at the inner workings of the American political system, you can rehash the finer points of the decisions made and debate whether the film represents those involved fairly. But if not, you may be better off treating the whole thing like a John Grisham thriller full of baddies and goodies and pretending you don't know the outcome. This can also help you deal with some of the inaccuracies that the film has been charged with, despite the fact that several of its central subjects were given a chance to review the script before shooting began. (For brevity's sake, for example, the film simplifies the various court rulings that were made.)

Chief among those cast as villains is Katherine Harris, the then-Secretary of State for Florida who appears to have a wardrobe of suits with an IQ higher than her own. "On the advice of legal counsel, I won't be answering your questions," she says brightly after a series of press conferences in which she announces the blocking of Democratic moves for recount extensions. It is a part played adroitly by Laura Dern, who won a Golden Globe for her performance.

The top goody is of course Spacey as the Democratic lawyer on a mission to save the world (and who cries when Gore tells him that he will finally concede). Spacey, who is strong throughout, was one of the film's producers and he, too, was nominated for a Golden Globe, though didn't win one. Between Harris and Klain is a murky cast of politicos and lawyers, wrinkly Supreme Court judges and fiery, young political students. We only ever see Bush (Brent Mendenhall) and Gore (Grady Couch) from the back, or hear their voices over the telephone. "Seems like no one can make sense of this thing," chuckles Bush at one point, adeptly summing up the very heart of the problem.

UAE currency: the story behind the money in your pockets
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Silent Hill f

Publisher: Konami

Platforms: PlayStation 5, Xbox Series X/S, PC

Rating: 4.5/5

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

ONCE UPON A TIME IN GAZA

Starring: Nader Abd Alhay, Majd Eid, Ramzi Maqdisi

Directors: Tarzan and Arab Nasser

Rating: 4.5/5

Auron Mein Kahan Dum Tha

Starring: Ajay Devgn, Tabu, Shantanu Maheshwari, Jimmy Shergill, Saiee Manjrekar

Director: Neeraj Pandey

Rating: 2.5/5

Company%20Profile
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States of Passion by Nihad Sirees,
Pushkin Press

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Ads on social media can 'normalise' drugs

A UK report on youth social media habits commissioned by advocacy group Volteface found a quarter of young people were exposed to illegal drug dealers on social media.

The poll of 2,006 people aged 16-24 assessed their exposure to drug dealers online in a nationally representative survey.

Of those admitting to seeing drugs for sale online, 56 per cent saw them advertised on Snapchat, 55 per cent on Instagram and 47 per cent on Facebook.

Cannabis was the drug most pushed by online dealers, with 63 per cent of survey respondents claiming to have seen adverts on social media for the drug, followed by cocaine (26 per cent) and MDMA/ecstasy, with 24 per cent of people.

Greatest Royal Rumble results

John Cena pinned Triple H in a singles match

Cedric Alexander retained the WWE Cruiserweight title against Kalisto

Matt Hardy and Bray Wyatt win the Raw Tag Team titles against Cesaro and Sheamus

Jeff Hardy retained the United States title against Jinder Mahal

Bludgeon Brothers retain the SmackDown Tag Team titles against the Usos

Seth Rollins retains the Intercontinental title against The Miz, Finn Balor and Samoa Joe

AJ Styles remains WWE World Heavyweight champion after he and Shinsuke Nakamura are both counted out

The Undertaker beats Rusev in a casket match

Brock Lesnar retains the WWE Universal title against Roman Reigns in a steel cage match

Braun Strowman won the 50-man Royal Rumble by eliminating Big Cass last

Normcore explained

Something of a fashion anomaly, normcore is essentially a celebration of the unremarkable. The term was first popularised by an article in New York magazine in 2014 and has been dubbed “ugly”, “bland’ and "anti-style" by fashion writers. It’s hallmarks are comfort, a lack of pretentiousness and neutrality – it is a trend for those who would rather not stand out from the crowd. For the most part, the style is unisex, favouring loose silhouettes, thrift-shop threads, baseball caps and boyish trainers. It is important to note that normcore is not synonymous with cheapness or low quality; there are high-fashion brands, including Parisian label Vetements, that specialise in this style. Embraced by fashion-forward street-style stars around the globe, it’s uptake in the UAE has been relatively slow.

Stree

Producer: Maddock Films, Jio Movies
Director: Amar Kaushik
Cast: Rajkummar Rao, Shraddha Kapoor, Pankaj Tripathi, Aparshakti Khurana, Abhishek Banerjee
Rating: 3.5

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
SPECS
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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.”