Greek soldiers engage Turkish troops in 1921. Violence between the two brought misery and death to the Turkish people and military defeat for the Greeks. Getty Images
Greek soldiers engage Turkish troops in 1921. Violence between the two brought misery and death to the Turkish people and military defeat for the Greeks. Getty Images
Greek soldiers engage Turkish troops in 1921. Violence between the two brought misery and death to the Turkish people and military defeat for the Greeks. Getty Images
Greek soldiers engage Turkish troops in 1921. Violence between the two brought misery and death to the Turkish people and military defeat for the Greeks. Getty Images


Turkey and Greece keep quarrelling, but don't expect conflict soon


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June 14, 2022

One hundred summers ago, the forces of the Turkish National Movement, led by the charismatic and confident Mustafa Kemal, had turned the tide and begun pushing the invading Greeks further and further west, with nowhere to go but into the sea.

Just a year prior, Greek military leaders had felt so confident advancing into the Anatolian heartland that they reportedly invited their British allies to a victory dinner in Kemal’s new Turkish capital, Ankara. But the Turks halted that advance at the brutal, game-changing Battle of Sarkaya, some 50 kilometres west of Ankara, and reversed the momentum.

In March 1922, the Allies, led by France, the UK, Italy and the US, suggested the two sides meet for an armistice. But, not unlike Ukrainian President Volodymyr Zelensky in recent weeks, ignoring western advice to hand land to Russia, Kemal instead hoped to push the invaders fully out of his territory.

To that end, Turkish forces launched what came to be known as the Great Offensive in late August and quickly took Afyonkarahisar and Dumlupinar. On September 1, Kemal famously urged his charges: “Your first goal is the Mediterranean. Forward!”

They reached their destination in a matter of days, a humbling defeat for the Greeks and a canonical victory for Kemal, who would sign the Treaty of Lausanne the next year, found the Republic of Turkey and later be dubbed “Ataturk”, or Father of the Turks.

This region-shaping moment came to mind last week when Turkish President Recep Tayyip Erdogan, amid fast-rising Greco-Turkish tensions, delivered a rare tweet stream in Greek, advising Athens to mind its manners in the Aegean. “We warn once again Greece to be prudent, to stay away from dreams, rhetoric and actions that will lead to results it will regret, as happened a century ago,” he tweeted.

Three decades of relative amity followed the war and the 1923 population exchange, but the two neighbours and rivals have been at each other’s throats ever since: Turkish pogroms in 1955, Turkey’s invasion of Cyprus in 1974 and the island’s ensuing division; banging the drums of war in 1987, 1996 and 2020.

Over the past year, a series of talks hinted at a thaw, until Greek Prime Minister Kyriakos Mitsotakis visited Washington in late May, finalised a deal for F-35 fighter jets and urged the US Congress not to send military hardware, presumably F-16s, to Turkey. “He no longer exists for me,” Mr Erdogan said of Mr Mitsotakis in response. “I will never agree to meet with him.”

Greece came back with a dismissive comment and, as per the routine, the tensions soon escalated to include maritime border disagreements in the Mediterranean, Aegean island militarisation and violations of airspace.

Last week, after Ankara hinted that the sovereignty of certain Greek islands in the Aegean might come under question, Athens sent letters to the UN outlining its complaints and the US urged the Nato allies to resolve their disputes through diplomacy. High drama, yet also a bit of a broken record.

Amid the greatest hits, the longtime Turkish leader’s reference to what happened a century ago stands out. Setting aside the obvious point – Greece’s humbling – that Turkish victory still today represents a defeat of western imperialism.

Greek forces had captured a great swathe of Anatolia stretching from Izmir to Bursa and Eskisehir, while the Allies had taken control of the Mediterranean jewel of Antalya and the grand prize, Istanbul, as well as Canakkale – ensuring full control of the Turkish straits. Not since Fatih Sultan Mehmet II trotted into Constantinople on his white horse in May 1453 had Turks felt so vulnerable.

Greek Prime Minister Kyriakos Mitsotakis, right, talks to Turkish President Recep Tayyip Erdogan during their meeting in Istanbul in March. AP Photo
Greek Prime Minister Kyriakos Mitsotakis, right, talks to Turkish President Recep Tayyip Erdogan during their meeting in Istanbul in March. AP Photo

Mr Erdogan’s reference signalled that Turks today might feel similarly hemmed in by its supposed western allies: when Greece places troops on Aegean islands (though there’s little evidence of this); when the EU restricts Turkey’s maritime boundaries or access to Cypriot energy reserves; when the US partners with Turkey’s foes in northern Syria and opposes Ankara’s Syria policy.

The ruling AKP has in recent weeks received its lowest-ever polling numbers, just a year out from a national vote, and Turkish warnings of aggression against Greece are an assertion of nationalist might that is largely meant for a domestic audience.

Of course, it’s not all for show. Ryan Gingeras, a top Turkish historian and national security professor at the California-based Naval Postgraduate School, wrote last week that, in light of Russia’s invasion of Ukraine, a new Greco-Turkish war “​​is not only possible but perhaps, at some point, probable".

Yet at least for now, these standoffs almost appear staged. As each side, and each country’s opposition, takes political advantage of the moment, one can almost envision back-channel diplomats sending each other quiet thumbs up about the ramped-up rhetoric.

As with Ankara’s looming incursion into northern Syria to take on Kurdish militants, a bit of rhetorical sparring with Greece underscores Turkey’s military’s confidence while also sticking it to the “imperialist” West. Domestically, that’s a win-win.

Going to war with Greece, on the other hand, would be disastrous for Turkey, Greece, the US and Nato – not to mention the Nato-backed war effort in Ukraine. But as recent history has shown, that it is an exercise in futility doesn’t mean it won’t happen.

PRO BASH

Thursday’s fixtures

6pm: Hyderabad Nawabs v Pakhtoon Warriors

10pm: Lahore Sikandars v Pakhtoon Blasters

Teams

Chennai Knights, Lahore Sikandars, Pakhtoon Blasters, Abu Dhabi Stars, Abu Dhabi Dragons, Pakhtoon Warriors and Hyderabad Nawabs.

Squad rules

All teams consist of 15-player squads that include those contracted in the diamond (3), platinum (2) and gold (2) categories, plus eight free to sign team members.

Tournament rules

The matches are of 25 over-a-side with an 8-over power play in which only two fielders allowed outside the 30-yard circle. Teams play in a single round robin league followed by the semi-finals and final. The league toppers will feature in the semi-final eliminator.

ETFs explained

Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.

ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.

There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.

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'The Ice Road'

Director: Jonathan Hensleigh
Stars: Liam Neeson, Amber Midthunder, Laurence Fishburne

2/5

Tori Amos
Native Invader
Decca

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 
Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
The more serious side of specialty coffee

While the taste of beans and freshness of roast is paramount to the specialty coffee scene, so is sustainability and workers’ rights.

The bulk of genuine specialty coffee companies aim to improve on these elements in every stage of production via direct relationships with farmers. For instance, Mokha 1450 on Al Wasl Road strives to work predominantly with women-owned and -operated coffee organisations, including female farmers in the Sabree mountains of Yemen.

Because, as the boutique’s owner, Garfield Kerr, points out: “women represent over 90 per cent of the coffee value chain, but are woefully underrepresented in less than 10 per cent of ownership and management throughout the global coffee industry.”

One of the UAE’s largest suppliers of green (meaning not-yet-roasted) beans, Raw Coffee, is a founding member of the Partnership of Gender Equity, which aims to empower female coffee farmers and harvesters.

Also, globally, many companies have found the perfect way to recycle old coffee grounds: they create the perfect fertile soil in which to grow mushrooms. 

UAE currency: the story behind the money in your pockets
A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

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ACL Elite (West) - fixtures

Monday, Sept 30

Al Sadd v Esteghlal (8pm)
Persepolis v Pakhtakor (8pm)
Al Wasl v Al Ahli (8pm)
Al Nassr v Al Rayyan (10pm)

Tuesday, Oct 1
Al Hilal v Al Shorta (10pm)
Al Gharafa v Al Ain (10pm)

The bio:

Favourite film:

Declan: It was The Commitments but now it’s Bohemian Rhapsody.

Heidi: The Long Kiss Goodnight.

Favourite holiday destination:

Declan: Las Vegas but I also love getting home to Ireland and seeing everyone back home.

Heidi: Australia but my dream destination would be to go to Cuba.

Favourite pastime:

Declan: I love brunching and socializing. Just basically having the craic.

Heidi: Paddleboarding and swimming.

Personal motto:

Declan: Take chances.

Heidi: Live, love, laugh and have no regrets.

 

WWE Super ShowDown results

Seth Rollins beat Baron Corbin to retain his WWE Universal title

Finn Balor defeated Andrade to stay WWE Intercontinental Championship

Shane McMahon defeated Roman Reigns

Lars Sullivan won by disqualification against Lucha House Party

Randy Orton beats Triple H

Braun Strowman beats Bobby Lashley

Kofi Kingston wins against Dolph Zigggler to retain the WWE World Heavyweight Championship

Mansoor Al Shehail won the 50-man Battle Royal

The Undertaker beat Goldberg

 

Gran Gala del Calcio 2019 winners

Best Player: Cristiano Ronaldo (Juventus)
Best Coach: Gian Piero Gasperini (Atalanta)
Best Referee: Gianluca Rocchi
Best Goal: Fabio Quagliarella (Sampdoria vs Napoli)
Best Team: Atalanta​​​​​​​
Best XI: Samir Handanovic (Inter); Aleksandar Kolarov (Roma), Giorgio Chiellini (Juventus), Kalidou Koulibaly (Napoli), Joao Cancelo (Juventus*); Miralem Pjanic (Juventus), Josip Ilicic (Atalanta), Nicolo Barella (Cagliari*); Fabio Quagliarella (Sampdoria), Cristiano Ronaldo (Juventus), Duvan Zapata (Atalanta)
Serie B Best Young Player: Sandro Tonali (Brescia)
Best Women’s Goal: Thaisa (Milan vs Juventus)
Best Women’s Player: Manuela Giugliano (Milan)
Best Women’s XI: Laura Giuliani (Milan); Alia Guagni (Fiorentina), Sara Gama (Juventus), Cecilia Salvai (Juventus), Elisa Bartoli (Roma); Aurora Galli (Juventus), Manuela Giugliano (Roma), Valentina Cernoia (Juventus); Valentina Giacinti (Milan), Ilaria Mauro (Fiorentina), Barbara Bonansea (Juventus)

'Young girls thinking of big ideas'

Words come easy for aspiring writer Afra Al Muhairb. The business side of books, on the other hand, is entirely foreign to the 16-year-old Emirati. So, she followed her father’s advice and enroled in the Abu Dhabi Education Council’s summer entrepreneurship course at Abu Dhabi University hoping to pick up a few new skills.

“Most of us have this dream of opening a business,” said Afra, referring to her peers are “young girls thinking of big ideas.”

In the three-week class, pupils are challenged to come up with a business and develop an operational and marketing plan to support their idea. But, the learning goes far beyond sales and branding, said teacher Sonia Elhaj.

“It’s not only about starting up a business, it’s all the meta skills that goes with it -- building self confidence, communication,” said Ms Elhaj. “It’s a way to coach them and to harness ideas and to allow them to be creative. They are really hungry to do this and be heard. They are so happy to be actually doing something, to be engaged in creating something new, not only sitting and listening and getting new information and new knowledge. Now they are applying that knowledge.”

Afra’s team decided to focus their business idea on a restaurant modelled after the Leaning Tower of Pisa. Each level would have a different international cuisine and all the meat would be halal. The pupils thought of this after discussing a common problem they face when travelling abroad.

“Sometimes we find the struggle of finding halal food, so we just eat fish and cheese, so it’s hard for us to spend 20 days with fish and cheese,” said Afra. “So we made this tower so every person who comes – from Africa, from America – they will find the right food to eat.”

rpennington@thenational.ae

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Maestro
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US households add $601bn of debt in 2019

American households borrowed another $601 billion (Dh2.2bn) in 2019, the largest yearly gain since 2007, just before the global financial crisis, according to February data from the New York Federal Reserve Bank.

Fuelled by rising mortgage debt as homebuyers continued to take advantage of low interest rates, the increase last year brought total household debt to a record high, surpassing the previous peak reached in 2008 just before the market crash, according to the report.

Following the 22nd straight quarter of growth, American household debt swelled to $14.15 trillion by the end of 2019, the New York Fed said in its quarterly report.

In the final three months of the year, new home loans jumped to their highest volume since the fourth quarter of 2005, while credit cards and auto loans also added to the increase.

The bad debt load is taking its toll on some households, and the New York Fed warned that more and more credit card borrowers — particularly young people — were falling behind on their payments.

"Younger borrowers, who are disproportionately likely to have credit cards and student loans as their primary form of debt, struggle more than others with on-time repayment," New York Fed researchers said.

U19 WORLD CUP, WEST INDIES

UAE group fixtures (all in St Kitts)

  • Saturday 15 January: UAE beat Canada by 49 runs 
  • Thursday 20 January: v England 
  • Saturday 22 January: v Bangladesh 

UAE squad:

Alishan Sharafu (captain), Shival Bawa, Jash Giyanani, Sailles
Jaishankar, Nilansh Keswani, Aayan Khan, Punya Mehra, Ali Naseer, Ronak Panoly,
Dhruv Parashar, Vinayak Raghavan, Soorya Sathish, Aryansh Sharma, Adithya
Shetty, Kai Smith  

Nayanthara: Beyond The Fairy Tale

Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni

Director: Amith Krishnan

Rating: 3.5/5

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Europe wide
Some of French groups are threatening Friday to continue their journey to Brussels, the capital of Belgium and the European Union, and to meet up with drivers from other countries on Monday.

Belgian authorities joined French police in banning the threatened blockade. A similar lorry cavalcade was planned for Friday in Vienna but cancelled after authorities prohibited it.

Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

Updated: June 15, 2022, 1:32 PM