At just past midnight on Monday, re-elected Istanbul mayor Ekrem Imamoglu addressed jubilant crowds outside the city's municipality building, after his party delivered a substantial blow to the ruling party, marking one of their most significant defeats.
“Sixteen million Istanbulites have won – congratulations. There are no losers in this election,” he said, rolling up his sleeves and removing his tie – an apparent gesture to his willingness to return to work serving Turkey’s largest city. “The era will continue where every Istanbulite receives equal and fair service.”
The crowd whooped and cheered joyfully, some wearing headbands bearing the words, “Ekrem Imamoglu is one of us.”
Mr Imamoglu’s re-election as mayor of Istanbul was the biggest victory of a night of wins for Turkey’s main opposition party, the Republican People’s Party (CHP). It maintained or won control of six of Turkey’s biggest cities by population size – Istanbul, Ankara, Izmir, Bursa, Adana and Antalya.
“This is the biggest defeat Erdogan has registered in his political career,” said Murat Somer, a political-science professor at Ozyegin University.
Mr Imamoglu won Istanbul with 51 per cent of the vote, compared to 39.6 per cent for Murat Kurum, the candidate for Erdogan’s Justice and Development Party (AKP).
In the capital Ankara, popular CHP mayor Mansur Yavas was re-elected with 60 per cent of the vote, compared with the AKP candidate’s 32 per cent. Within Istanbul, CHP won control of important local districts too, including the tourist centre of Beyoglu, and Uskudar. The district on Istanbul’s Asian shore is symbolically significant as it is where Turkish President Recep Tayyip Erdogan casts his vote.
The election results are “a great success for CHP. We have won back all the metropolitan mayoralties and added on to them”, said Unal Cevikoz, a former CHP MP.
He put the AKP’s losses down to economic hardships: with inflation near 70 per cent and the Turkish lira slipping ever further against the US dollar and the euro. Turks have continued to struggle financially despite government measures put in place over the last year to try to fix the economy.
In Istanbul, Mr Imamoglu will preside over tens of thousands of employees, a multibillion dollar budget and the resources of Turkey’s cultural and financial capital for the next five years. He won on a campaign promising the end of a controversial canal project, providing low-cost food and transport and opening an array of sports and cultural facilities.
Observers attributed the CHP’s success in the local elections to its willingness to reform after its candidate, Kemal Kilicdaroglu, lost to Mr Erdogan in last year’s presidential elections. They said voters rewarded segments of the opposition that prioritised policy over internal squabbling.
“Voters appear to have rewarded those opposition actors who have been willing to self-critically reform themselves and come up with new ideas, new names, and candidates – the first actor among these is Istanbul mayor Ekrem Imamoglu,” said Prof Somer.
We want him [Imamoglu] to be president; he has united everyone
Simay,
Turkish Doctor
Voters celebrating Mr Imamoglu’s win are already looking to the mayor to compete in Turkey’s next presidential election scheduled for 2028.
“We want him [Imamoglu] to be president; he has united everyone,” said Simay, a 24-year-old doctor who asked that only her first name be published.
She cited Mr Kurum’s failings as a former government minister and religiosity as reasons for disliking the AKP’s candidate for Istanbul's mayor.
At the same time, voters sent a message of their discontent with current President Erdogan.
“Tayyip, resign! Tayyip resign!” chanted the crowds celebrating Imamoglu’s win.
The President will not heed the crowd’s chant and step down. But he acknowledged that his party had not done as well as hoped in a late-night speech at his party headquarters in Ankara. “We will turn the period until the next elections into a comprehensive accounting ground where we renew ourselves in every respect and make up for our mistakes,” he said.
The Istanbul defeat was a particular blow to Mr Erdogan, who launched his political career in the 1990s in the city and had hoped Mr Kurum would win the mayoralty back from the political opposition.
The difference between Mr Erdogan’s win in the presidential elections last year and the AKP’s losses in the local elections raise questions about the president’s political future and that of his party, which has no clear successor when he steps away from politics. The CHP, on the other hand, has a clear next generation in Mr Imamoglu and Mr Yavaş.
With 78.5 per cent of eligible voters going to the ballot boxes, Sunday's turnout for local elections held across Turkey was lower than in previous elections.
Observers say some of those who stayed at home were disillusioned AKP voters who wanted to warn the party about their disappointment in seeing few improvements to their quality of life despite continuing to vote them into power. Others voted for opposition candidates such as Mr Imamoglu.
AKP also lost votes to the conservative Islamist New Welfare Party (YRP), which took control of two provinces – Sanliurfa on the Syrian border and Yozgat in central Anatolia.
“YRP did a good job presenting itself as an address for AKP voters who did not want to vote AKP and differentiating themselves just enough from them,” said Seda Demiralp, a professor of political science at Işık University in Istanbul. “There are two issues they have been critical on – the government’s passive role in the Israel-Palestine conflict and on the economy.”
Votes from Turkey’s Kurdish citizens appear to have contributed to Mr Imamoglu’s win in Istanbul. The pro-Kurdish DEM Party fielded its own mayoral candidate in the city, who received just 2 per cent of the vote, suggesting that many of Istanbul’s millions of Kurdish citizens chose to vote for Mr Imamoglu instead of along ethnic party lines.
Mr Erdogan still has a tight grip on governance, controlling all branches of government and much of the media scene. He will retain his seat until the next presidential election in four years’ time.
“I think the opposition will realise that this [local election] success cannot be sustainable unless they also translate it into success on the national level,” said Prof Somer.
Pharaoh's curse
British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.
The specs
Engine: 2.0-litre four-cylinder turbo
Power: 178hp at 5,500rpm
Torque: 280Nm at 1,350-4,200rpm
Transmission: seven-speed dual-clutch auto
Price: from Dh209,000
On sale: now
Switching%20sides
%3Cp%3EMahika%20Gaur%20is%20the%20latest%20Dubai-raised%20athlete%20to%20attain%20top%20honours%20with%20another%20country.%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVelimir%20Stjepanovic%20(Serbia%2C%20swimming)%20%3C%2Fstrong%3E%0D%3Cbr%3EBorn%20in%20Abu%20Dhabi%20and%20raised%20in%20Dubai%2C%20he%20finished%20sixth%20in%20the%20final%20of%20the%202012%20Olympic%20Games%20in%20London%20in%20the%20200m%20butterfly%20final.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EJonny%20Macdonald%20(Scotland%2C%20rugby%20union)%20%3C%2Fstrong%3E%0D%3Cbr%3EBrought%20up%20in%20Abu%20Dhabi%20and%20represented%20the%20region%20in%20international%20rugby.%20When%20the%20Arabian%20Gulf%20team%20was%20broken%20up%20into%20its%20constituent%20nations%2C%20he%20opted%20to%20play%20for%20Scotland%20instead%2C%20and%20went%20to%20the%20Hong%20Kong%20Sevens.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESophie%20Shams%20(England%2C%20rugby%20union)%20%3C%2Fstrong%3E%0D%3Cbr%3EThe%20daughter%20of%20an%20English%20mother%20and%20Emirati%20father%2C%20Shams%20excelled%20at%20rugby%20in%20Dubai%2C%20then%20after%20attending%20university%20in%20the%20UK%20played%20for%20England%20at%20sevens.%20%0D%3C%2Fp%3E%0A
ULTRA PROCESSED FOODS
- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns
- Margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars
- Energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces
- Infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes
- Many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts
Brief scoreline:
Liverpool 2
Keita 5', Firmino 26'
Porto 0
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.”
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
First Person
Richard Flanagan
Chatto & Windus
Scoreline
Al Wasl 1 (Caio Canedo 90 1')
Al Ain 2 (Ismail Ahmed 3', Marcus Berg 50')
Red cards: Ismail Ahmed (Al Ain) 77'
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
How%20I%20connect%20with%20my%20kids%20when%20working%20or%20travelling
%3Cp%3E%0D%3Cstrong%3ELittle%20notes%3A%20%3C%2Fstrong%3EMy%20girls%20often%20find%20a%20letter%20from%20me%2C%20with%20a%20joke%2C%20task%20or%20some%20instructions%20for%20the%20afternoon%2C%20and%20saying%20what%20I%E2%80%99m%20excited%20for%20when%20I%20get%20home.%0D%3Cbr%3E%3Cstrong%3EPhone%20call%20check-in%3A%20%3C%2Fstrong%3EMy%20kids%20know%20that%20at%203.30pm%20I%E2%80%99ll%20be%20free%20for%20a%20quick%20chat.%0D%3Cbr%3E%3Cstrong%3EHighs%20and%20lows%3A%20%3C%2Fstrong%3EInstead%20of%20a%20%E2%80%9Chow%20was%20your%20day%3F%E2%80%9D%2C%20at%20dinner%20or%20at%20bathtime%20we%20share%20three%20highlights%3B%20one%20thing%20that%20didn%E2%80%99t%20go%20so%20well%3B%20and%20something%20we%E2%80%99re%20looking%20forward%20to.%0D%3Cbr%3E%3Cstrong%3EI%20start%2C%20you%20next%3A%20%3C%2Fstrong%3EIn%20the%20morning%2C%20I%20often%20start%20a%20little%20Lego%20project%20or%20drawing%2C%20and%20ask%20them%20to%20work%20on%20it%20while%20I%E2%80%99m%20gone%2C%20then%20we%E2%80%99ll%20finish%20it%20together.%0D%3Cbr%3E%3Cstrong%3EBedtime%20connection%3A%20%3C%2Fstrong%3EWake%20up%20and%20sleep%20time%20are%20important%20moments.%20A%20snuggle%2C%20some%20proud%20words%2C%20listening%2C%20a%20story.%20I%20can%E2%80%99t%20be%20there%20every%20night%2C%20but%20I%20can%20start%20the%20day%20with%20them.%0D%3Cbr%3E%3Cstrong%3EUndivided%20attention%3A%20%3C%2Fstrong%3EPutting%20the%20phone%20away%20when%20I%20get%20home%20often%20means%20sitting%20in%20the%20car%20to%20send%20a%20last%20email%2C%20but%20leaving%20it%20out%20of%20sight%20between%20home%20time%20and%20bedtime%20means%20you%20can%20connect%20properly.%0D%3Cbr%3E%3Cstrong%3EDemystify%2C%20don%E2%80%99t%20demonise%20your%20job%3A%20%3C%2Fstrong%3EHelp%20them%20understand%20what%20you%20do%2C%20where%20and%20why.%20Show%20them%20your%20workplace%20if%20you%20can%2C%20then%20it%E2%80%99s%20not%20so%20abstract%20when%20you%E2%80%99re%20away%20-%20they%E2%80%99ll%20picture%20you%20there.%20Invite%20them%20into%20your%20%E2%80%9Cother%E2%80%9D%20world%20so%20they%20know%20more%20about%20the%20different%20roles%20you%20have.%3C%2Fp%3E%0A