Donald Trump poses a unique question for the American system: when will the line be drawn? Republican voters seem to not be troubled by that question, despite endless scandals and neither are the Party's leaders. Their nearly unanimous protection twice prevented the impeachment process from holding the former US President accountable.
Now the legal system, in the form of multiple criminal investigations in various jurisdictions on a range of potential charges, must grapple with the question of whether any aspect of the American system can effectively respond to his transgressions.
That question has been thrown into stark relief by the August 8 execution of a search warrant by the FBI at the former president’s membership club in Florida searching for highly classified government documents that Mr Trump allegedly improperly removed from the White House and has been refusing to surrender to the National Archive, which is the lawful repository of presidential papers. The Justice Department alleged three potential crimes, including violation of the Espionage Act, it was able to persuade a judge it had probable cause to suspect were being committed related to withholding the documents.
It's unlikely but possible that the Justice Department’s main aim was to retrieve the papers, some of which reportedly are related to nuclear secrets, among other exceptionally sensitive topics. Still, it appears Mr Trump is potentially in serious legal jeopardy in this matter, particularly since the Archive had attempted for over a year to retrieve the documents, and one of his attorneys, Christina Bopp, reportedly signed a letter attesting that all classified documents had been returned before the August 8 operation.
All told, over 300 classified documents, totalling over 700 pages, have reportedly been recovered from Mr Trump, and there are indications the government is not satisfied that all presidential records that belong to the public have been returned.
The aura of impunity surrounding sitting and former presidents, especially Mr Trump, is toxic and corrosive to the constitutional order
Mr Trump is also potentially liable for serious charges related to his efforts to overturn the 2020 election and the January 6 insurrection. And an investigation in Georgia into his efforts to convince state officials to miraculously "find" him 11,780 votes, exactly the number he needed to win the state, is a third, and in many ways perhaps the most dangerous, investigation that could easily lead to serious criminal charges against the former president. In addition, his company, although not Mr Trump personally, appears to be in serious legal jeopardy in New York State for allegedly routinely cooking the books on the value of its properties.
The conundrum that all these cases raise is that any indictment, trial and potential conviction of Mr Trump would likely set off an unprecedented firestorm of outrage, and very likely violence, on the political right. Yet the essence of the American system – at least in theory – is that no one is above the law. Despite that, there are established traditions that make exceptions for presidents.
A Justice Department policy, which appears oddly immutable, holds that no sitting president can be charged with a federal crime while in office. This is usually explained as necessary for a president to continue to function effectively without the burden of mounting a vigorous legal defence. Special Counsel Robert Mueller cited this policy when he refused to say whether his investigation found Mr Trump had obstructed justice regarding Russian interference in the 2016 election.
Gerald Ford added another layer of impunity by pardoning Richard Nixon in 1974 for all federal crimes he may have committed as president, mainly abuses of power related to the Watergate scandal. Ford said it was necessary for the country to heal after its "long national nightmare".
The reaction to the FBI search warrant on the political right was infuriated and frequently hysterical. It was unanimously described as a politically motivated attack by Democrats and strengthened Mr Trump's grip on the party. Calls to "defund the FBI," hold its leadership “accountable,” and effectively dismantle the national police were rampant. One Trump supporter was killed during an armed attack on an FBI office in Ohio.
What's notably missing among almost all Republicans is any concern about why Mr Trump decided to essentially make off with highly classified government documents, why he refused to return them, and why the FBI felt obliged, after numerous failed efforts, to take such drastic action to recover them.
The impulse to support Mr Trump supersedes even national security. He once boasted he could shoot people in public and not lose voters. This alarming degree of impunity appears effectively confirmed.
So, the legal system, ranging from the Justice Department and federal judges, as well as state-level prosecutors and courts in Georgia and elsewhere, must confront the reality that holding Mr Trump accountable, even for the most outrageous unlawful conduct – potentially including seeking to overturn elections and stealing hundreds of classified and highly sensitive government documents – will likely prompt an unprecedented wave of fury and quite possibly significant political violence. It could also prompt incensed Republicans, convinced that this is all crude political payback rather than professional law enforcement, to initiate political prosecutions of their own as soon as they get the opportunity, just as they are now loudly threatening.
Everyone sensible, therefore, is correctly urging the utmost caution. Clearly the search warrant needed to be an unavoidable final effort to retrieve extremely sensitive documents, which it certainly seems to have been.
Some are even suggesting that legitimate prosecutions of Mr Trump should simply be avoided because of these probable negative consequences. Others are urging US President Joe Biden to be prepared to issue him a Ford-like pardon and spare the country the inevitable convulsions. But these are terrible ideas.
The justice system may be the last, best hope for finally drawing an effective line against Mr Trump's transgressions. The voters did that in November 2020, but he and his followers, including a vast majority of Republicans, simply refuse to accept the truth of his election defeat.
Republicans appear willing to nominate Mr Trump for president again even if he is indicted for serious crimes, including threatening national security. If he insists on running for office from the dock, or even a prison cell – as some US mayors have in the distant past – so be it.
If any prosecutors have a solid criminal case to make against him on serious charges, the line must finally be drawn. The aura of impunity surrounding sitting and former presidents, especially Mr Trump, is toxic and corrosive to the constitutional order. Smashing it may be dangerous but it is a badly needed, long-overdue corrective.
360Vuz PROFILE
Date started: January 2017
Founder: Khaled Zaatarah
Based: Dubai and Los Angeles
Sector: Technology
Size: 21 employees
Funding: $7 million
Investors: Shorooq Partners, KBW Ventures, Vision Ventures, Hala Ventures, 500Startups, Plug and Play, Magnus Olsson, Samih Toukan, Jonathan Labin
Brown/Black belt finals
3pm: 49kg female: Mayssa Bastos (BRA) v Thamires Aquino (BRA)
3.07pm: 56kg male: Hiago George (BRA) v Carlos Alberto da Silva (BRA)
3.14pm: 55kg female: Amal Amjahid (BEL) v Bianca Basilio (BRA)
3.21pm: 62kg male: Gabriel de Sousa (BRA) v Joao Miyao (BRA)
3.28pm: 62kg female: Beatriz Mesquita (BRA) v Ffion Davies (GBR)
3.35pm: 69kg male: Isaac Doederlein (BRA) v Paulo Miyao (BRA)
3.42pm: 70kg female: Thamara Silva (BRA) v Alessandra Moss (AUS)
3.49pm: 77kg male: Oliver Lovell (GBR) v Tommy Langarkar (NOR)
3.56pm: 85kg male: Faisal Al Ketbi (UAE) v Rudson Mateus Teles (BRA)
4.03pm: 90kg female: Claire-France Thevenon (FRA) v Gabreili Passanha (BRA)
4.10pm: 94kg male: Adam Wardzinski (POL) v Kaynan Duarte (BRA)
4.17pm: 110kg male: Yahia Mansoor Al Hammadi (UAE) v Joao Rocha (BRA
match info
Union Berlin 0
Bayern Munich 1 (Lewandowski 40' pen, Pavard 80')
Man of the Match: Benjamin Pavard (Bayern Munich)
Mohammed bin Zayed Majlis
MATCH INFO
Mainz 0
RB Leipzig 5 (Werner 11', 48', 75', Poulsen 23', Sabitzer 36')
Man of the Match: Timo Werner (RB Leipzig)
ACC 2019: The winners in full
Best Actress Maha Alemi, Sofia
Best Actor Mohamed Dhrif, Weldi
Best Screenplay Meryem Benm’Barek, Sofia
Best Documentary Of Fathers and Sons by Talal Derki
Best Film Yomeddine by Abu Bakr Shawky
Best Director Nadine Labaki, Capernaum
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Company%C2%A0profile
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UAE currency: the story behind the money in your pockets
Company: Instabug
Founded: 2013
Based: Egypt, Cairo
Sector: IT
Employees: 100
Stage: Series A
Investors: Flat6Labs, Accel, Y Combinator and angel investors
About Seez
Company name/date started: Seez, set up in September 2015 and the app was released in August 2017
Founder/CEO name(s): Tarek Kabrit, co-founder and chief executive, and Andrew Kabrit, co-founder and chief operating officer
Based in: Dubai, with operations also in Kuwait, Saudi Arabia and Lebanon
Sector: Search engine for car buying, selling and leasing
Size: (employees/revenue): 11; undisclosed
Stage of funding: $1.8 million in seed funding; followed by another $1.5m bridge round - in the process of closing Series A
Investors: Wamda Capital, B&Y and Phoenician Funds
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
MO
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Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
COMPANY PROFILE
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
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EMERGENCY PHONE NUMBERS
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
If you go
The flights
There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at.
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.
Polarised public
31% in UK say BBC is biased to left-wing views
19% in UK say BBC is biased to right-wing views
19% in UK say BBC is not biased at all
Source: YouGov
Empire of Enchantment: The Story of Indian Magic
John Zubrzycki, Hurst Publishers
Tips for SMEs to cope
- Adapt your business model. Make changes that are future-proof to the new normal
- Make sure you have an online presence
- Open communication with suppliers, especially if they are international. Look for local suppliers to avoid delivery delays
- Open communication with customers to see how they are coping and be flexible about extending terms, etc
Courtesy: Craig Moore, founder and CEO of Beehive, which provides term finance and working capital finance to SMEs. Only SMEs that have been trading for two years are eligible for funding from Beehive.
Trolls World Tour
Directed by: Walt Dohrn, David Smith
Starring: Anna Kendrick, Justin Timberlake
Rating: 4 stars
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.”
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How will Gen Alpha invest?
Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.
Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”
Indika
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MATCH INFO
Iceland 0 England 1 (Sterling pen 90 1)
Man of the match Kari Arnason (Iceland)
'Worse than a prison sentence'
Marie Byrne, a counsellor who volunteers at the UAE government's mental health crisis helpline, said the ordeal the crew had been through would take time to overcome.
“It was worse than a prison sentence, where at least someone can deal with a set amount of time incarcerated," she said.
“They were living in perpetual mystery as to how their futures would pan out, and what that would be.
“Because of coronavirus, the world is very different now to the one they left, that will also have an impact.
“It will not fully register until they are on dry land. Some have not seen their young children grow up while others will have to rebuild relationships.
“It will be a challenge mentally, and to find other work to support their families as they have been out of circulation for so long. Hopefully they will get the care they need when they get home.”