Look up on April 8: a solar eclipse is coming to North America.
The celestial phenomenon is expected to be visible from Mexico's Pacific coast before skies darken over Texas and 14 other US states. It will then wrap up over parts of north-eastern Canada.
Here, The National tells you all you need to know about the rare event:
What is a total solar eclipse?
An eclipse happens when the Moon passes between the Sun and Earth, entirely covering the Sun's face along a small path across our planet's surface.
This is called the “path of totality”.
The daytime sky turns dark, akin to dusk or dawn. Birds start to roost and nocturnal animals have been known to wake up, tricked into believing night has arrived.
In places on the path of totality, people will be able to view the Sun's corona – its outer atmosphere – that typically is not visible due to solar brightness.
People observing from outside the path of totality will see a partial eclipse in which the Moon obscures most of the Sun's face but not all of it.
What's the eclipse path?
According to Nasa, the eclipse will begin over the South Pacific, with its path reaching Mexico's Pacific coast at about 11.07am local time before entering the US through Texas.
Its path then takes it through another 14 states: Oklahoma, Arkansas, Missouri, a tiny part of Tennessee, Illinois, Kentucky, Indiana, Ohio, a small part of Michigan, Pennsylvania, New York, Vermont, New Hampshire and Maine.
The path then enters Canada through Ontario and journeys through Quebec, New Brunswick, Prince Edward Island and Cape Breton, exiting continental North America on the Atlantic coast of Newfoundland at 5.16pm local time.
A partial eclipse is due to be visible for people in all 48 contiguous US states, Reuters reported.
What are the best spots to see the eclipse?
Major cities and their metropolitan areas lay within or near the path of totality, making many densely populated areas some of the best spots to view the eclipse.
These include San Antonio, Austin, Waco, Fort Worth and Dallas in Texas; St Louis in Missouri; Detroit in Michigan; Buffalo, Rochester and Syracuse in New York; and Toronto and Montreal in Canada.
How long will the eclipse last?
The full eclipse will last longer than usual because the Moon will be 360,000km from Earth, one of the year’s closest approaches. The closer the Moon is to Earth, the bigger it appears in the sky from our perspective, resulting in an especially long and intense period of Sun-blocked darkness.
Totality will last the longest over Mexico at 4 minutes, 28 seconds.
Elsewhere along the track, such as in Syracuse, New York, totality will last only 90 seconds.
How can you safely watch an eclipse?
Experts warn it is unsafe to look directly at the bright Sun without using specialised eye protection designed for solar viewing. Viewing an eclipse through a camera lens, binoculars or telescope without making use of a special-purpose solar filter can cause severe eye injury.
They advise using safe solar-viewing glasses or a safe hand-held solar viewer, noting that regular sunglasses are not safe for watching the event. The only moment it is considered safe for people to remove eye protection during a total solar eclipse is the brief time when the Moon completely blocks the Sun's surface.
Will there be a comet during the eclipse? Will other planets be visible?
During totality, some people may be able to spot a comet along with four planets: Jupiter will be to the left of the Sun and Venus to the right, and then Saturn and Mars will be to the right of Venus. Three other planets will be in the vicinity but virtually impossible to see with the naked eye.
Comet 12P/Pons-Brooks is swinging past Earth, as it does every 71 years. It will be near Jupiter during the eclipse.
“There is lots to see and not that long a time,” Anita Cochran of the University of Texas at Austin told AP.
When was the last total solar eclipse in the US?
The US has not experienced a total solar eclipse since August 2017.
A “ring of fire” solar eclipse crossed a part of the country in October.
When is the next solar eclipse?
The next total solar eclipse will not be until 2026, when it will graze the North, touching Greenland, Iceland and Spain.
The next one in 2027 will march across Spain and northern Africa, with totality lasting 6.5 minutes.
North Americans will have to wait until 2033 for another total solar eclipse but it will be limited to Alaska. In 2044, western Canada, Montana and North Dakota will have front-row seats. And in 2045, the US will once again experience a coast-to-coast total solar eclipse.
The Rub of Time: Bellow, Nabokov, Hitchens, Travolta, Trump and Other Pieces 1986-2016
Martin Amis,
Jonathan Cape
Miss Granny
Director: Joyce Bernal
Starring: Sarah Geronimo, James Reid, Xian Lim, Nova Villa
3/5
(Tagalog with Eng/Ar subtitles)
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TV: Abu Dhabi Sports
The Vines - In Miracle Land
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Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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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.”
The five types of long-term residential visas
Obed Suhail of ServiceMarket, an online home services marketplace, outlines the five types of long-term residential visas:
Investors:
A 10-year residency visa can be obtained by investors who invest Dh10 million, out of which 60 per cent should not be in real estate. It can be a public investment through a deposit or in a business. Those who invest Dh5 million or more in property are eligible for a five-year residency visa. The invested amount should be completely owned by the investors, not loaned, and retained for at least three years.
Entrepreneurs:
A five-year multiple entry visa is available to entrepreneurs with a previous project worth Dh0.5m or those with the approval of an accredited business incubator in the UAE.
Specialists
Expats with specialised talents, including doctors, specialists, scientists, inventors, and creative individuals working in the field of culture and art are eligible for a 10-year visa, given that they have a valid employment contract in one of these fields in the country.
Outstanding students:
A five-year visa will be granted to outstanding students who have a grade of 95 per cent or higher in a secondary school, or those who graduate with a GPA of 3.75 from a university.
Retirees:
Expats who are at least 55 years old can obtain a five-year retirement visa if they invest Dh2m in property, have savings of Dh1m or more, or have a monthly income of at least Dh20,000.
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This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Company Fact Box
Company name/date started: Abwaab Technologies / September 2019
Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO
Based: Amman, Jordan
Sector: Education Technology
Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed
Stage: early-stage startup
Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.
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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