Fireworks are seen as the clock announces the New Year in Times Square, New York City. Reuters
Fireworks are seen as the clock announces the New Year in Times Square, New York City. Reuters
Fireworks are seen as the clock announces the New Year in Times Square, New York City. Reuters
Fireworks are seen as the clock announces the New Year in Times Square, New York City. Reuters


In 2022, there's no time to fear


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January 02, 2022

The new year was always going to begin under the shadow of the pandemic. But with the Omicron variant spreading far and wide at a rapid pace, it won't be easy to tame the virus in the next 12 months. Covid-19 has already left behind a trail of death, pain and shattered dreams for nearly two years.

Of course, the coronavirus is not the only source of our problems today. The year 2021 has left behind a laundry list of crises – economic, political and geopolitical – that we need to tackle on an urgent basis in 2022.

Apart from the pandemic, the biggest crises afflicting the world are geopolitical in nature.

Tensions continue in Eastern Europe, where Nato and Russia are jockeying for influence. Ukraine's interest in joining Nato and the western security alliance’s gradual expansion into what Russia believes to be its sphere of influence has greatly worried Moscow. Talks scheduled for January 10 in Geneva between Russia and Nato member states could well avert an all-out conflict, but doubts remain over whether Nato will meet Russian President Vladimir Putin’s demand for something that resembles a treaty with written guarantees.

Balance of power requires strong leadership on all sides, something that is currently lacking in the West.

This is particularly a problem in Europe after Angela Merkel's resignation as the German chancellor late last year. French President Emmanuel Macron is considered to be Mrs Merkel's natural successor as Europe's de-facto leader, but he is up for re-election this year. Meanwhile, Olaf Scholz, the new German chancellor, is currently focused on domestic challenges.

The US is also facing a crisis of leadership under Joe Biden's presidency. The world is accustomed to seeing proactive and decisive American leadership but the Biden administration has come up short in this regard. It could be further hackneyed if the opposition Republican Party secures a majority of seats in the US House of Representatives and Senate – as is expected after this year's midterm election.

There will be no crisis of leadership in China, however. The 20th Congress of the ruling Communist Party is expected to re-elect Xi Jinping president this year. One can expect tensions to escalate between the US and China – particularly over the future of Taiwan, which has ties to Washington but is viewed as a renegade province by Beijing.

US President Joe Biden meets with Ukraine's President Volodymyr Zelensky in Washington in September. AFP
US President Joe Biden meets with Ukraine's President Volodymyr Zelensky in Washington in September. AFP

Apart from the pandemic, the other big crisis that matters to those of us living in the Middle East, but also beyond, is Iran's nuclear weapons programme – and, by extension, its geopolitical competition with Israel.

The on-again, off-again Vienna talks to revive the 2015 nuclear deal between Iran and the permanent members of the UN Security Council, plus Germany, could well lead to a breakthrough but if talks fail, a military confrontation cannot be ruled out between the two regional rivals.

Tehran has sent out multiple messages to Israel within the context of its various weapons development programmes. It has warned that it will accelerate its nuclear programme if talks fail. It has insisted that it is more militarily capable than ever and that its balance of power with Israel has shifted. It has also pledged to counter future covert strikes on its nuclear sites, having alleged Israel's hand in the past. It says it remains committed to Israel's destruction and is even confident that the Biden administration will not intervene militarily if a direct war were to erupt between Iran and Israel.

There are two views on the possible nature of a future conflict between the two countries.

The IRGC launches missiles during military exercises in southern Iran. EPA
The IRGC launches missiles during military exercises in southern Iran. EPA
The year 2021 has left behind a laundry list of crises – economic, political and geopolitical

One suggests that cyber warfare will continue unabated, as Israel steps up its alleged intelligence and covert operations, and that Iran will not seek a direct confrontation over concerns that this will leave Hezbollah – the Iranian-backed proxy in Lebanon, which shares a border with Israel – vulnerable.

The other view suggests that Lebanon could indeed be a theatre of war. Tehran is reportedly planning to expand its military support to Hezbollah in the coming days and weeks – especially if the Vienna talks fail.

Given the potential for any of the flashpoints mentioned above to occur, there is no doubt that the new year brings with it more than its fair share of anxiety. But living in fear is no remedy for the challenges we face in 2022, as important as it is to determine exactly what these challenges are.

For those of us who have been fortunate enough to survive the pandemic's onslaught, there are reasons to hope. Just as conflict is always around the corner, so are astounding discoveries, scientific and technological progress and positive social and political change. We have seen this even in the recent past.

At every level, from individual to societal to national to multilateral, we have to remind ourselves that we are partners in shaping our collective future. It is, therefore, our responsibility to ourselves and to future generations to find solutions rather than be pessimistic – particularly when 2022 has only just begun.

What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

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Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

BULKWHIZ PROFILE

Date started: February 2017

Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

Based: Dubai, UAE

Sector: E-commerce 

Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait

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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”

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

Pox that threatens the Middle East's native species

Camelpox

Caused by a virus related to the one that causes human smallpox, camelpox typically causes fever, swelling of lymph nodes and skin lesions in camels aged over three, but the animal usually recovers after a month or so. Younger animals may develop a more acute form that causes internal lesions and diarrhoea, and is often fatal, especially when secondary infections result. It is found across the Middle East as well as in parts of Asia, Africa, Russia and India.

Falconpox

Falconpox can cause a variety of types of lesions, which can affect, for example, the eyelids, feet and the areas above and below the beak. It is a problem among captive falcons and is one of many types of avian pox or avipox diseases that together affect dozens of bird species across the world. Among the other forms are pigeonpox, turkeypox, starlingpox and canarypox. Avipox viruses are spread by mosquitoes and direct bird-to-bird contact.

Houbarapox

Houbarapox is, like falconpox, one of the many forms of avipox diseases. It exists in various forms, with a type that causes skin lesions being least likely to result in death. Other forms cause more severe lesions, including internal lesions, and are more likely to kill the bird, often because secondary infections develop. This summer the CVRL reported an outbreak of pox in houbaras after rains in spring led to an increase in mosquito numbers.

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liverpool youngsters

Ki-Jana Hoever

The only one of this squad to have scored for Liverpool, the versatile Dutchman impressed on his debut at Wolves in January. He can play right-back, centre-back or in midfield.

 

Herbie Kane

Not the most prominent H Kane in English football but a 21-year-old Bristolian who had a fine season on loan at Doncaster last year. He is an all-action midfielder.

 

Luis Longstaff

Signed from Newcastle but no relation to United’s brothers Sean and Matty, Luis is a winger. An England Under-16 international, he helped Liverpool win the FA Youth Cup last season.

 

Yasser Larouci

An 18-year-old Algerian-born winger who can also play as a left-back, Larouci did well on Liverpool’s pre-season tour until an awful tackle by a Sevilla player injured him.

 

Adam Lewis

Steven Gerrard is a fan of his fellow Scouser, who has been on Liverpool’s books since he was in the Under-6s, Lewis was a midfielder, but has been converted into a left-back.

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Avatar: Fire and Ash

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Updated: January 02, 2022, 6:38 AM