In a deceptively quaint city that, beyond the trappings of every modern metropolis, is filled with hallmark features of quintessential Germany – colourful storybook houses layered with sloping roofs and cobbled streets beneath spindly church spires – hundreds of journalists from all over the world are plotting a gentle revolution.
Armed with pens, paper and the nervous energy of strangers meeting for the first time, they’ve come together to ask a simple question: how can we make journalism better?
It is the inaugural b°future festival, hosted by the Bonn Institute in Germany’s Cologne region. The event is scattered across rooms and halls in buildings throughout the beautiful city of the same name.
Bonn is famous for being the birthplace of Beethoven and as the de facto capital of the former West Germany. It is where the country’s modern constitution was written and approved. It is also the setting for British bestselling author John le Carre’s A Small Town in Germany – clearly a scene fit for grand plots and resounding legacies.
On this particular sunny September day, it is playing host to a small legion of writers, researchers, filmmakers and thought leaders for the two-day conference. It is a professional event that is also open to the public – in the hope that its mission for constructive dialogue will strike a chord with the people who matter the most: the audience.
Those of us who are paid to put the world’s biggest stories into words or pictures know that there could be huge problems on the horizon for the industry. Readers and viewers seem to be turning away in droves.
So here we are, in the land where Symphony Number 5 was devised, hoping that a different approach can resonate as powerfully as the composer’s most famous work, the one he allegedly declared was “the sound of Fate knocking at the door”.
In her welcoming speech, the founder and managing director of the Bonn Institute, Ellen Heinrichs, laid bare the challenges facing the future of the journalism industry: news avoidance, dwindling trust, burnout, the whirlwind that is technological advancement, and most importantly, the wavering fate of the planet itself.
How can we navigate this complex landscape without overwhelming not only our audiences but also ourselves as journalists?
“We must now ask ourselves: how can we remain relevant in a world saturated with information yet teeming with conflicts and crises? How can we navigate this complex landscape without overwhelming not only our audiences but also ourselves as journalists?” Ms Heinrichs's questions go without response but they’re not rhetorical – they are greeted with nods and the acknowledgement that seeking the answers is the reason we are all here.
There are more than 200 different sessions to attend and living up to its festival moniker means there are clashes to contend with. I opt for a packed day of talks on AI, conflict, crisis and climate reporting, and community engagement and then round it off at a session with Nic Newman from the Reuters Institute for the Study of Journalism and Anita Zielina, the founder and chief executive of Better Leaders Lab. The final headline question of the day: what’s behind news fatigue, and what can we do about it?
Likening it to sensory overload in a supermarket, Mr Newman said as consumers “we just feel completely overwhelmed” by the amount of content and its inherent negativity, and urged us to think to the future: “What’s it going to be like in five years' time with artificial intelligence creating even more synthetic media?”
Five years’ time is a generous timescale. Already publishers are adopting AI in their output, from writing news in briefs to voicing full podcasts, while others are seeking legal action and outright banning AI tools from trawling content. But that’s another story.
Amid the buzz of large language models, newsrooms are readying for the sting of losing search engine traffic, a trend already started by Google’s own apparent reduction of news in content results. And of course, search engines are just one portion of the tech sector that has seemingly decided there’s a diminishing need for news on platforms.
Meta, the company behind Facebook, Instagram and now Threads, has been reducing news content for years, outright banning it in some countries. Who knows what’s happening with X, formerly known as Twitter and formerly the first stop for news on social media.
Mr Newman is the lead author of the annual Reuters Institute Digital News Reports, that in 2023 suggested that almost half of the 46 markets it surveyed are not participating in the news at all. He told the audience in Bonn that “one of the antidotes to news avoidance is how can we make news more accessible”. He was talking primarily about formats, products and tone, but even the most powerfully crafted story can have little impact if it cannot be found.
The report also showed that the number of people seeking news directly from a website or a publisher’s app is dwindling; even core news junkies are kicking the habit.
But this couldn’t come at a worse time. More than ever, we need more people to be informed about what is happening in the world. From finding help for those affected by an increasing number of natural disasters to sharing rapidly evolving knowledge that could influence behavioural change, we need to be an informed global audience with the common goal of climate action.
So, this cohort of journalists from all corners of the world – Australia, Argentina included – are hoping to make it a healthy, daily exercise once more, as Ms Zielina quipped, “like granola compared to a chocolate bar”.
And that’s where solution-focused journalism comes in, so say the growing number of supporters of the cause. But what is it?
SoJo, as it has been nicknamed, is said to have stemmed from a 2010 column in The New York Times called Fixes, which looked at plans to address issues in communities and whether they had worked. By 2013, the award-winning journalists behind it, David Bornstein and Tina Rosenberg, had created the Solutions Journalism Network. They have since trained 47,000 journalists across 190 countries to find stories that match their mission statement “that investigate and explain, in a critical and clear-eyed way, how people try to solve widely shared problems”.
Ten years on, their philosophy has spread to almost 2,000 news outlets and of course, inspired Europe’s first constructive journalism festival. They run fellowships, provide training and run the Solutions Story Tracker – where you will find several articles from The National.
If you are reading this, perhaps I am preaching to the choir. So much like the Bonn conference to the already-converted, I ask you to open this discussion up with others, the avoiders or the “snackers”. We will continue to do our bit – seek more robust answers and solutions, but I urge you to do your bit and continue to seek and read these stories.
While staying in Bonn, dining on the banks of the Rhine, I learned a phrase in the Rhenish dialect: “Et hatt noch emmer joot jejange" – it has always turned out well. A fitting thought as I ponder – not only how we get the world to read more news, but how we find the solutions and then the stories that will perhaps save the Earth.
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.”
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
First Person
Richard Flanagan
Chatto & Windus
Roger Federer's 2018 record
Australian Open Champion
Rotterdam Champion
Indian Wells Runner-up
Miami Second round
Stuttgart Champion
Halle Runner-up
Wimbledon Quarter-finals
Cincinnati Runner-up
US Open Fourth round
Shanghai Semi-finals
Basel Champion
Paris Masters Semi-finals
In-demand jobs and monthly salaries
- Technology expert in robotics and automation: Dh20,000 to Dh40,000
- Energy engineer: Dh25,000 to Dh30,000
- Production engineer: Dh30,000 to Dh40,000
- Data-driven supply chain management professional: Dh30,000 to Dh50,000
- HR leader: Dh40,000 to Dh60,000
- Engineering leader: Dh30,000 to Dh55,000
- Project manager: Dh55,000 to Dh65,000
- Senior reservoir engineer: Dh40,000 to Dh55,000
- Senior drilling engineer: Dh38,000 to Dh46,000
- Senior process engineer: Dh28,000 to Dh38,000
- Senior maintenance engineer: Dh22,000 to Dh34,000
- Field engineer: Dh6,500 to Dh7,500
- Field supervisor: Dh9,000 to Dh12,000
- Field operator: Dh5,000 to Dh7,000
Indoor Cricket World Cup
Venue Insportz, Dubai, September 16-23
UAE squad Saqib Nazir (captain), Aaqib Malik, Fahad Al Hashmi, Isuru Umesh, Nadir Hussain, Sachin Talwar, Nashwan Nasir, Prashath Kumara, Ramveer Rai, Sameer Nayyak, Umar Shah, Vikrant Shetty
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
KILLING OF QASSEM SULEIMANI
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
THE BIO: Martin Van Almsick
Hometown: Cologne, Germany
Family: Wife Hanan Ahmed and their three children, Marrah (23), Tibijan (19), Amon (13)
Favourite dessert: Umm Ali with dark camel milk chocolate flakes
Favourite hobby: Football
Breakfast routine: a tall glass of camel milk
UK's plans to cut net migration
Under the UK government’s proposals, migrants will have to spend 10 years in the UK before being able to apply for citizenship.
Skilled worker visas will require a university degree, and there will be tighter restrictions on recruitment for jobs with skills shortages.
But what are described as "high-contributing" individuals such as doctors and nurses could be fast-tracked through the system.
Language requirements will be increased for all immigration routes to ensure a higher level of English.
Rules will also be laid out for adult dependants, meaning they will have to demonstrate a basic understanding of the language.
The plans also call for stricter tests for colleges and universities offering places to foreign students and a reduction in the time graduates can remain in the UK after their studies from two years to 18 months.
About Housecall
Date started: July 2020
Founders: Omar and Humaid Alzaabi
Based: Abu Dhabi
Sector: HealthTech
# of staff: 10
Funding to date: Self-funded
Engine: 3.5-litre V6
Transmission: eight-speed automatic
Power: 290hp
Torque: 340Nm
Price: Dh155,800
On sale: now
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