President-elect Joe Biden is putting together an A-list team, but their policy strategies are expected to be less than creative. AFP
President-elect Joe Biden is putting together an A-list team, but their policy strategies are expected to be less than creative. AFP
President-elect Joe Biden is putting together an A-list team, but their policy strategies are expected to be less than creative. AFP
President-elect Joe Biden is putting together an A-list team, but their policy strategies are expected to be less than creative. AFP

2021 has barely begun, and think tanks are already writing it off


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After the events of recent years, the prognosis of experts in global geopolitics appears to be uniform and unrelenting in its gloominess. Few deposit real hope that the restoration of the experienced team around US president-elect Joe Biden can restore global affairs to a kind of equilibrium.

But there is a kind of mentality trap at work. The accumulation of tensions along the world's geopolitical fault lines is basically seen as so great as to be insurmountable.

Fatalism isn't going to achieve anything. In fact, it’s actively harmful. Conceivably, this trap is already working to lock in the expected first moves of the Biden team. Many of Mr Biden's proposed appointees are retreaded tyres for the US foreign policy engine. The same can be said of their policy options. Everything is reinforcing a sense among Washington's political elite that the status quo prior to president Donald Trump's administration is really an ideal to aim for over the next four years.

President-elect Joe Biden is putting together an A-list team, but their policy strategies are expected to be less than creative. Reuters
President-elect Joe Biden is putting together an A-list team, but their policy strategies are expected to be less than creative. Reuters

A case in point was when, last week, the International Crisis Group unveiled its annual report on 10 conflicts to watch out for in the coming year.

It's not that the list wasn’t well-researched. The 10 pinch points were topped by Afghanistan, but also ranged from Libya to Iran-US and Russia-Turkey to climate change.

At the online launch, a former senior UN official queried the overwhelming pessimism on offer. Yet, the assembled experts could do little more than broadly concur that the outlook was bleak.

It certainly was dark. The US was “polarised, distrustful of its institutions, heavily armed, riven by deep social and racial rifts”, according to the report.

Weakened by the ravages of the Covid-19 pandemic, many states are likely to continue to collapse under the weight of their internal weaknesses, many participants concurred.

“In Sudan, Lebanon, and Venezuela, to mention but a few examples," the report notes, "one can expect the number of unemployed to grow, real incomes to collapse, governments to face mounting difficulties paying security forces and the general population to increasingly rely on state support at a time when states are least equipped to provide it. “

Climate change is hardly a new issue, but 2021 was the first year it gained a risk level all of its own. “This is the first year that a transnational risk has made it onto our top conflicts list, as climate-related violence stretches from the Sahel to Nigeria and Central America,” the report said.

The perils have only mounted. “Many around the globe experienced the past year as an 'annus horribilis', eagerly awaiting its conclusion. But as the list of conflicts to watch that follows suggests, its long shadow will endure.”

As an expert institution, Crisis Group is not alone.

Last week, the Washington Institute also outlined eight highly credible threats that Iran could issue to test the US over the transition period. It also outlined separate tests that could be posted in Syria and by Hezbollah. It offered a roadmap of potential responses for the new White House, with the stern comment the new administration must be ready to be tested on its first day.

  • Vehicles of the "Tripoli Brigade", a militia loyal to the UN-recognised Government of National Accord (GNA), parade through the Martyrs' Square at the centre of the GNA-held Libyan capital Tripoli on July 10, 2020. AFP
    Vehicles of the "Tripoli Brigade", a militia loyal to the UN-recognised Government of National Accord (GNA), parade through the Martyrs' Square at the centre of the GNA-held Libyan capital Tripoli on July 10, 2020. AFP
  • Vehicles of the "Tripoli Brigade", a militia loyal to the UN-recognised Government of National Accord (GNA), parade through the Martyrs' Square at the centre of the GNA-held Libyan capital Tripoli on July 10, 2020. AFP
    Vehicles of the "Tripoli Brigade", a militia loyal to the UN-recognised Government of National Accord (GNA), parade through the Martyrs' Square at the centre of the GNA-held Libyan capital Tripoli on July 10, 2020. AFP
  • Fighters loyal to the Libyan internationally-recognised Government of National Accord (GNA) are pictured near the frontline during clashes against forces loyal to Khalifa Haftar, on June 1, 2019, in al-Sawani area, south of the Libyan capital Tripoli. AFP
    Fighters loyal to the Libyan internationally-recognised Government of National Accord (GNA) are pictured near the frontline during clashes against forces loyal to Khalifa Haftar, on June 1, 2019, in al-Sawani area, south of the Libyan capital Tripoli. AFP
  • Members of the Tripoli Protection Force, an alliance of militias from the capital city, patrol an area south of the Libyan capital on January 18, 2019, during clashes with the Seventh Brigade group from the town of Tarhuna. Two days of clashes between rival militias near Libya's capital Tripoli have left 10 people dead and 41 wounded, the health ministry said on January 17. Fighting between armed groups erupted Wednesday despite a truce deal four months ago that had halted deadly battles in the city. AFP
    Members of the Tripoli Protection Force, an alliance of militias from the capital city, patrol an area south of the Libyan capital on January 18, 2019, during clashes with the Seventh Brigade group from the town of Tarhuna. Two days of clashes between rival militias near Libya's capital Tripoli have left 10 people dead and 41 wounded, the health ministry said on January 17. Fighting between armed groups erupted Wednesday despite a truce deal four months ago that had halted deadly battles in the city. AFP
  • Libyans demonstrate in a street in the capital Tripoli to demand the withdrawal of all armed militias from the capital on November 22, 2013. Residents of Libya's capital were turning out Friday to press militias remaining in the city to follow others and withdraw, aiming to keep up the momentum following deadly clashes last weekend. Many of the groups have long rejected government calls to lay down their arms or integrate into the armed forces, triggering the frustration of Libyans who once hailed them as heroes for toppling Kadhafi. AFP
    Libyans demonstrate in a street in the capital Tripoli to demand the withdrawal of all armed militias from the capital on November 22, 2013. Residents of Libya's capital were turning out Friday to press militias remaining in the city to follow others and withdraw, aiming to keep up the momentum following deadly clashes last weekend. Many of the groups have long rejected government calls to lay down their arms or integrate into the armed forces, triggering the frustration of Libyans who once hailed them as heroes for toppling Kadhafi. AFP
Fatalism isn't going to achieve anything

Chatham House is suffused with gloom, too. It has advised Mr Biden that his first priority is to fix America at home first. “Today, the US is wracked by internal division and the distribution of economic opportunities and benefits across society is radically unequal. Confidence in the leadership, the electoral system, and the capacity of the state to deliver has taken a serious hit,” said Chatham House's US expert, Leslie Vinjamuri, in a commentary ahead of Wednesday’s inauguration.

“Three steps are essential, though not sufficient alone, for improving the quality of democracy in America. First, it is imperative the role of facts and of science in formulating public policy society is rescued. Second, it is essential to create a commission to record – and ensure accountability for – the worst violations of the Donald Trump era; this should extend far beyond the more narrow focus of impeachment.

“Third, the Biden administration must conceive of an approach and set of policies for securing social and economic justice that unites and integrates rather than divides and fractures white working class Americans with America’s racial minorities.”

A cultural rejuvenation, a painful purge and historic reconciliation across all society. Mr Biden has a steep set of challenges to master all at once.

Robin Niblett, the director of Chatham House, recently described the global landscape in nihilistic terms as well. “The transformative learning moment of the end of the Second World War has receded into history, and the hope that accompanied the end of the Cold War has been diluted by the re-emergence of atavistic fears as the centre of global economic gravity has shifted from the West to the East,” he observed.

Mr Biden is Democrat, but he has something of Ronald Reagan’s "Morning in America" confidence and a clear faith in his homeland. He is fond of reciting Seamus Heaney’s line that hope and history can rhyme in the right circumstances.

The think tank experts would be better suited to citing WB Yeats, who wrote of the “rough beast” slouching forwards as anarchy is loosed upon the world.

Whatever the rhetorical flourishes and strangeness of inauguration scenes, it is surely not unreasonable to believe that good things are also happening.

These experts would do well to devote time, too, to fostering hope that improvements are on the way.

Damien McElroy is the London bureau chief at The National

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

J%20Street%20Polling%20Results
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Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

SPEC%20SHEET%3A%20APPLE%20IPHONE%2015%20PRO%20MAX
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FIXTURES

December 28
Stan Wawrinka v Pablo Carreno Busta, 5pm
Milos Raonic v Dominic Thiem, no earlier then 7pm

December 29 - semi-finals
Rafael Nadal v Stan Wawrinka / Pablo Carreno Busta, 5pm
Novak Djokovic v Milos Raonic / Dominic Thiem, no earlier then 7pm

December 30
3rd/4th place play-off, 5pm
Final, 7pm

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Liverpool 4-1 Shrewsbury

Liverpool
Gordon (34'), Fabinho (44' pen, 90' 3), Firmino (78')

Shrewsbury
Udoh (27'minutes)

Man of the Match: Kaide Gordon (Liverpool)

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

The specs

Price, base / as tested Dh1,470,000 (est)
Engine 6.9-litre twin-turbo W12
Gearbox eight-speed automatic
Power 626bhp @ 6,000rpm
Torque: 900Nm @ 1,350rpm
Fuel economy, combined 14.0L / 100km

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%20specs
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What is tokenisation?

Tokenisation refers to the issuance of a blockchain token, which represents a virtually tradable real, tangible asset. A tokenised asset is easily transferable, offers good liquidity, returns and is easily traded on the secondary markets. 

You may remember …

Robbie Keane (Atletico de Kolkata) The Irish striker is, along with his former Spurs teammate Dimitar Berbatov, the headline figure in this season’s ISL, having joined defending champions ATK. His grand entrance after arrival from Major League Soccer in the US will be delayed by three games, though, due to a knee injury.

Dimitar Berbatov (Kerala Blasters) Word has it that Rene Meulensteen, the Kerala manager, plans to deploy his Bulgarian star in central midfield. The idea of Berbatov as an all-action, box-to-box midfielder, might jar with Spurs and Manchester United supporters, who more likely recall an always-languid, often-lazy striker.

Wes Brown (Kerala Blasters) Revived his playing career last season to help out at Blackburn Rovers, where he was also a coach. Since then, the 23-cap England centre back, who is now 38, has been reunited with the former Manchester United assistant coach Meulensteen, after signing for Kerala.

Andre Bikey (Jamshedpur) The Cameroonian defender is onto the 17th club of a career has taken him to Spain, Portugal, Russia, the UK, Greece, and now India. He is still only 32, so there is plenty of time to add to that tally, too. Scored goals against Liverpool and Chelsea during his time with Reading in England.

Emiliano Alfaro (Pune City) The Uruguayan striker has played for Liverpool – the Montevideo one, rather than the better-known side in England – and Lazio in Italy. He was prolific for a season at Al Wasl in the Arabian Gulf League in 2012/13. He returned for one season with Fujairah, whom he left to join Pune.

Company%20profile
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Trump v Khan

2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US

2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks

2019: Trump calls Khan a “stone cold loser” before first state visit

2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”

2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
The specs: 2018 Maserati Ghibli

Price, base / as tested: Dh269,000 / Dh369,000

Engine: 3.0-litre twin-turbocharged V6

Transmission: Eight-speed automatic

Power: 355hp @ 5,500rpm

Torque: 500Nm @ 4,500rpm

Fuel economy, combined: 8.9L / 100km

The specs

Price, base / as tested Dh1,100,000 (est)

Engine 5.2-litre V10

Gearbox seven-speed dual clutch

Power 630bhp @ 8,000rpm

Torque 600Nm @ 6,500rpm

Fuel economy, combined 15.7L / 100km (est) 

The specs

Engine: 2.2-litre, turbodiesel

Transmission: 6-speed auto

Power: 160hp

Torque: 385Nm

Price: Dh116,900

On sale: now

The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

Fixtures (all times UAE)

Saturday
Brescia v Atalanta (6pm)
Genoa v Torino (9pm)
Fiorentina v Lecce (11.45pm)

Sunday
Juventus v Sassuolo (3.30pm)
Inter Milan v SPAL (6pm)
Lazio v Udinese (6pm)
Parma v AC Milan (6pm)
Napoli v Bologna (9pm)
Verona v AS Roma (11.45pm)

Monday
Cagliari v Sampdoria (11.45pm)

RESULTS

6.30pm: Handicap (rated 100 ) US$175,000 1,200m
Winner: Baccarat, William Buick (jockey), Charlie Appleby (trainer)

7.05pm: Handicap (78-94) $60,000 1,800m
Winner: Baroot, Christophe Soumillon, Mike de Kock

7.40pm: Firebreak Stakes Group 3 $200,000 1,600m
Winner: Heavy Metal, Mickael Barzalona, Salem bin Ghadayer

8.15pm: Handicap (95-108) $125,000 1,200m
Winner: Yalta, Mickael Barzalona, Salem bin Ghadayer

8.50pm: Balanchine Group 2 $200,000 1,800m
Winner: Promising Run, Pat Cosgrave, Saeed bin Suroor

9.25pm: Handicap (95-105) $125,000 1,800m
Winner: Blair House, James Doyle, Charlie Appleby

10pm: Handicap (95-105) $125,000 1,400m
Winner: Oh This Is Us, Tom Marquand, Richard Hannon

Ain Dubai in numbers

126: The length in metres of the legs supporting the structure

1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch

16 A380 Airbuses: The equivalent weight of the wheel rim.

9,000 tonnes: The amount of steel used to construct the project.

5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place

192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5