Ukrainian firefighters tackle a blaze after a Russian missile attack in Dnipro on Thursday. AFP
Ukrainian firefighters tackle a blaze after a Russian missile attack in Dnipro on Thursday. AFP
Ukrainian firefighters tackle a blaze after a Russian missile attack in Dnipro on Thursday. AFP
Ukrainian firefighters tackle a blaze after a Russian missile attack in Dnipro on Thursday. AFP

Russia fires 'experimental' weapon based on nuclear missile at Ukraine, Pentagon says


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Russia launched a new kind of ballistic missile at the Ukrainian city of Dnipro on Thursday, in a move the EU described as a “clear escalation”.

The Pentagon described the weapon as an "experimental" intermediate-range ballistic missile and said Moscow notified the US shortly before its launch, on nuclear risk reduction channels.

"This was a new type of lethal capability that was deployed on the battlefield. So that's certainly a concern to us," Pentagon spokeswoman Sabrina Singh told reporters. She said the weapon was based on the RS-26 Rubezh nuclear missile, and that it had never before been used on the battlefield.

Russian President Vladimir Putin said it was a new, medium-range ballistic missile armed with a conventional warhead.

The West and Russia accuse each other of escalating the war in Ukraine and tension this week has reached alarming new levels. Moscow updated its nuclear doctrine to allow for a potential nuclear response, even to a conventional attack on Russia by any nation that is supported by a nuclear power.

The West blames Russia for invading Ukraine and for escalating the war by bringing thousands of North Korean troops into the fight.

Mr Putin said the US and UK had escalated the war by allowing Kyiv to use American and British weapons against targets in Russia. He said Thursday's attack was in retaliation for Ukraine’s use of US and UK missiles on Russian territory this week.

Those weapons have ranges of only a few hundred kilometres, however. Russia's RS-26 Rubezh is a solid-fuelled ICBM with a 5,800km range, according to the Arms Control Association. Ms Singh said the weapon used on Thursday could be fitted with a nuclear warhead.

Ukraine’s air force said the missile attacking Dnipro was launched from Russia’s Astrakhan region, which borders the Caspian Sea.

Russia also fired a Kinzhal hypersonic missile and seven Kh-101 cruise missiles, six of which were shot down, the Ukrainian air force said. Regional Governor Serhiy Lysak said the missile attack damaged an industrial enterprise and set off fires in Dnipro. Two people were hurt.

The EU's foreign affairs spokesman Peter Stano said the use of a long-range ballistic missile would mark a “clear escalation” that would represent a “quantitative and qualitative change” in the war.

An IRBM is similar in terms of performance to an intercontinental ballistic missile, or ICBM. The use of such a weapon is an expensive way to wage war – the cost of the US Air Force’s new Sentinel intercontinental ballistic missile, developed to replace the 1970s-era Minuteman, has risen to as much as $162 million each, Bloomberg News reported this year.

“This is a very powerful message from Putin,” said Ruslan Pukhov, head of the Moscow-based Centre for Analysis of Strategies and Technologies. “It’s a very calculated move as it does not require retaliation by the US.”

The attack comes two days after Mr Putin signed revised nuclear rules, formally lowering the threshold for the country's use of nuclear weapons.

The new doctrine allows for a potential nuclear response by Moscow, but is formulated broadly to avoid a firm commitment to use nuclear weapons and keep Mr Putin’s options open.

The updated doctrine came on the same day Ukraine fired several American-supplied longer-range missiles and reportedly fired UK-made Storm Shadows into Russia.

The aftermath of a Russian missile strike in Dnipro, Ukraine, on Thursday. Reuters
The aftermath of a Russian missile strike in Dnipro, Ukraine, on Thursday. Reuters

The Russian Defence Ministry said on Thursday that its air defence systems shot down two British-made Storm Shadow missiles, six Himars rockets, and 67 drones. The announcement came in the ministry’s daily round-up regarding the military actions in Ukraine.

Britain's Defence Secretary John Healey told the UK Parliament's Defence Committee on Thursday: “This is a serious moment that I come before the committee. Defence intelligence will reveal today that the front line is now less stable than at any time since the early days of the full scale Russian invasion in 2022.”

Responding to reports of the Russian use of a ballistic missile, he added: “Be in no doubt that [the] UK government is stepping up our support for Ukraine, determined to continue doubling down our support for Ukraine.” Downing Street described the reports as "deeply concerning".

The war has taken on a growing international dimension with the arrival of North Korean troops to help Russia on the battlefield – a development that US officials said prompted President Joe Biden’s policy shift to allowing Ukraine to fire longer-range US missiles into Russia. The Kremlin responded with threats to escalate further.

The US issued new sanctions against Russia on Thursday, focusing on Moscow's use of the international financial system.

"In response to Russian aggression, President Biden has led international efforts alongside the G7 and many of our allies and partners to hold Russia accountable for its aggression," National Security Adviser Jake Sullivan said. "Today’s sanctions will further curtail Russia’s abuse of the international financial system to help finance its war against Ukraine."

Meanwhile, former German chancellor Angela Merkel has revealed that she tried to slow Ukraine’s bid for Nato membership during her time in office over fears it would provoke Mr Putin.

Ms Merkel discusses the situation in her new memoirs, Freedom: Memories 1954 – 2021, which explores the 2008 Nato summit in Bucharest, when Ukraine and Georgia’s bids were discussed.

While she “understood” the desire of central and eastern European countries to join Nato “as soon as possible”, Ms Merkel said she believed their accession should improve the security of the alliance overall.

Then German chancellor Angela Merkel and Russian President Vladimir Putin meeting at Schloss Meseberg palace in Gransee, Germany, in 2018. Getty Images
Then German chancellor Angela Merkel and Russian President Vladimir Putin meeting at Schloss Meseberg palace in Gransee, Germany, in 2018. Getty Images

But none of the other potential members’ applications were as complicated as Ukraine’s due to the presence of Russia’s Black Sea fleet off Crimea. The eventual outcome of the summit, was, however, seen as negative by both sides.

Ukraine and Georgia considered the lack of a clear path to membership as a setback for their aspirations, while Mr Putin considered the broader promise from the alliance a provocation.

“I thought it was an illusion to assume that candidate status would protect Ukraine and Georgia from Putin's aggression; that this status would have such a deterrent effect that Putin would passively accept the developments,” Ms Merkel wrote in an excerpt from the book published in Die Zeit on Thursday.

“The fact that Georgia and Ukraine did not receive a commitment on candidate status was a 'no' to their hopes. The fact that Nato also offered them a general promise of membership was for Putin a 'yes' to Nato membership for both countries and a declaration of war.”

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

The specs: 2017 Lotus Evora Sport 410

Price, base / as tested Dh395,000 / Dh420,000

Engine 3.5L V6

Transmission Six-speed manual

Power 410hp @ 7,000rpm

Torque 420Nm @ 3,500rpm

Fuel economy, combined 9.7L / 100km

Red Sparrow

Dir: Francis Lawrence

Starring: Jennifer Lawrence, Joel Egerton, Charlotte Rampling, Jeremy Irons

Three stars

How being social media savvy can improve your well being

Next time when procastinating online remember that you can save thousands on paying for a personal trainer and a gym membership simply by watching YouTube videos and keeping up with the latest health tips and trends.

As social media apps are becoming more and more consumed by health experts and nutritionists who are using it to awareness and encourage patients to engage in physical activity.

Elizabeth Watson, a personal trainer from Stay Fit gym in Abu Dhabi suggests that “individuals can use social media as a means of keeping fit, there are a lot of great exercises you can do and train from experts at home just by watching videos on YouTube”.

Norlyn Torrena, a clinical nutritionist from Burjeel Hospital advises her clients to be more technologically active “most of my clients are so engaged with their phones that I advise them to download applications that offer health related services”.

Torrena said that “most people believe that dieting and keeping fit is boring”.

However, by using social media apps keeping fit means that people are “modern and are kept up to date with the latest heath tips and trends”.

“It can be a guide to a healthy lifestyle and exercise if used in the correct way, so I really encourage my clients to download health applications” said Mrs Torrena.

People can also connect with each other and exchange “tips and notes, it’s extremely healthy and fun”.

MATCH INFO

Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD

* Second leg in Australia scheduled for October 10

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."

The Limehouse Golem
Director: Juan Carlos Medina
Cast: Olivia Cooke, Bill Nighy, Douglas Booth
Three stars

UAE squad

Esha Oza (captain), Al Maseera Jahangir, Emily Thomas, Heena Hotchandani, Indhuja Nandakumar, Katie Thompson, Lavanya Keny, Mehak Thakur, Michelle Botha, Rinitha Rajith, Samaira Dharnidharka, Siya Gokhale, Sashikala Silva, Suraksha Kotte, Theertha Satish (wicketkeeper) Udeni Kuruppuarachchige, Vaishnave Mahesh.

UAE tour of Zimbabwe

All matches in Bulawayo
Friday, Sept 26 – First ODI
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I

Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.

No Shame

Lily Allen

(Parlophone)

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.”

Countries offering golden visas

UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.

Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.

Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.

Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.

Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence. 

WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5

When Umm Kulthum performed in Abu Dhabi

  

 

 

 

Known as The Lady of Arabic Song, Umm Kulthum performed in Abu Dhabi on November 28, 1971, as part of celebrations for the fifth anniversary of the accession of Sheikh Zayed bin Sultan Al Nahyan as Ruler of Abu Dhabi. A concert hall was constructed for the event on land that is now Al Nahyan Stadium, behind Al Wahda Mall. The audience were treated to many of Kulthum's most well-known songs as part of the sold-out show, including Aghadan Alqak and Enta Omri.

 
The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

How much of your income do you need to save?

The more you save, the sooner you can retire. Tuan Phan, a board member of SimplyFI.com, says if you save just 5 per cent of your salary, you can expect to work for another 66 years before you are able to retire without too large a drop in income.

In other words, you will not save enough to retire comfortably. If you save 15 per cent, you can forward to another 43 working years. Up that to 40 per cent of your income, and your remaining working life drops to just 22 years. (see table)

Obviously, this is only a rough guide. How much you save will depend on variables, not least your salary and how much you already have in your pension pot. But it shows what you need to do to achieve financial independence.

 

HOW TO WATCH

Facebook: TheNationalNews  

Twitter: @thenationalnews  

Instagram: @thenationalnews.com  

TikTok: @thenationalnews 

The specs

Engine: 3.5-litre twin-turbo V6

Power: 380hp at 5,800rpm

Torque: 530Nm at 1,300-4,500rpm

Transmission: Eight-speed auto

Price: From Dh299,000 ($81,415)

On sale: Now

The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Power: 268bhp / 536bhp
Torque: 343Nm / 686Nm
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
On sale: Later this year
From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

Sting & Shaggy

44/876

(Interscope)

The biog

Name: Dhabia Khalifa AlQubaisi

Age: 23

How she spends spare time: Playing with cats at the clinic and feeding them

Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need

Favourite book: Attitude, emotions and the psychology of cats by Dr Nicholes Dodman

Favourit film: 101 Dalmatians - it remind me of my childhood and began my love of dogs 

Word of advice: By being patient, good things will come and by staying positive you’ll have the will to continue to love what you're doing

Conflict, drought, famine

Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.

Band Aid

Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
Updated: November 21, 2024, 9:51 PM