US President Joe Biden and Vice President Kamala Harris during a meeting in the Roosevelt Room of the White House on Monday. AP Photo
US President Joe Biden and Vice President Kamala Harris during a meeting in the Roosevelt Room of the White House on Monday. AP Photo
US President Joe Biden and Vice President Kamala Harris during a meeting in the Roosevelt Room of the White House on Monday. AP Photo
US President Joe Biden and Vice President Kamala Harris during a meeting in the Roosevelt Room of the White House on Monday. AP Photo


Biden stares at a possible US government shutdown, but he needn't worry


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  • Arabic

September 26, 2023

Yet another federal government shutdown is looming in Washington, with the public and hundreds of thousands of civil servants bracing for the impact, including a complete suspension of nutrition, vaccination and other services for impoverished mothers and children.

Such government shutdowns are nothing new, having occurred more than 20 times since 1976. But the instances are becoming more frequent and disruptive over time, with the current impasse breaking new ground in two alarming ways.

First, the current dispute is not between Republicans and Democrats, or even the House of Representatives and the Senate. Instead, it has developed entirely within an increasingly dysfunctional Republican Party that is being held hostage by about 20 or so radical lawmakers in the House at odds with about 200 of their fellow Republicans.

So, it’s going to be almost impossible for Republicans, no matter how hard they try, to blame President Joe Biden or the Democrats for a dispute that is happening within their own ranks and the legislative body under their narrow control.

Ever since then House speaker Newt Gingrich pioneered the use of a deliberately engineered federal government shutdown as a political and policy weapon, following protracted battles over spending with president Bill Clinton, for a few weeks at the end of 1995 and the beginning of 1996, most shutdowns have been instigated by House Republicans. But they always left themselves some kind of plausible argument for why Democrats were truly responsible by forcing their hand in some manner.

That didn’t work for Mr Gingrich in the 90s, with Republicans taking most of the blame for his novel manoeuvre. As a result, it didn’t take long for him to lose his leadership role and political prominence, and the fiasco may have helped save Mr Clinton’s presidency.

Now, however, though House Republicans on both sides will strenuously try to point the finger at Mr Biden, the current dispute has nothing to do with partisan divisions.

US Speaker of the House Kevin McCarthy briefs reporters after a closed-door Republican Conference meeting in Washington last week. AP Photo
US Speaker of the House Kevin McCarthy briefs reporters after a closed-door Republican Conference meeting in Washington last week. AP Photo
There is an air of anarchism about the so-called 'wrecking ball crew' forcing the government to its knees

The overwhelming bulk of Senate Republicans are also uninvolved and seem dismayed at the behaviour of the radical minority of their colleagues in the House who are forcing the crisis. While the House extremists claim to be on a principled crusade against what they see as irresponsible overspending by the Biden administration, in fact they are at odds with a 10-to-one majority of their own colleagues.

And this reveals the second key distinction between the current impending emergency and previous deliberately instigated government shutdowns over spending and other policy disputes: the current imbroglio isn’t in pursuit of any real policy goals.

At least Mr Gingrich and his successors who copied his tactic were able to broadly articulate what they wanted, or didn’t want. Not so with the current group of destructive reactionaries. Instead, they seem determined to simply say ”no”, not to congressional Democrats or the Biden administration, but to their own leader, House Speaker Kevin McCarthy, and the vast bulk of their colleagues.

There is a strong scent of anarchism about the so-called ”wrecking ball crew” that is forcing the government to its knees. This crew of radicals casts virtually all other Republicans as being in cahoots with the Democrats in a de facto single party representing wealthy donors and other ”elites” against the interests of ordinary Americans, and therefore appear almost as gleeful when going after Mr McCarthy as Mr Biden.

Moreover, they embody the anti-government sentiment that has long been a feature of the American far right taken to its logical conclusion.

These extremists no longer recognise any exception for the once sacrosanct military forces, which they denounce as "woke”, corrupted and weak, especially in comparison with the Russian military, which several of them inexplicably seem to revere. And they are even more hostile to what they cast as a “weaponised” federal law enforcement system, especially the FBI, which some have advocated decapitating, defunding and even disbanding altogether (particularly after the investigations and indictments of former president Donald Trump).

These lawmakers are so extreme that they forcefully dismiss the usefulness of almost everything the federal government, and even Congress itself, does as irrelevant, and even harmful, to the American people. Such rhetoric justifies rejecting virtually any proposed spending or other significant legislation and even rationalises disinterest about the potential impact on national security or law enforcement. It’s a nihilistic political perspective.

It’s hard to gauge how sincerely held these views might be, because these representatives all come from very right-wing and secure districts in which incumbency is a virtual guarantee of re-election, and because otherwise obscure Congresspersons can parlay this kind of populist anti-government demagoguery and pandering into valuable time on right-wing TV networks.

This is basically the same small group of marginal Republicans who tormented Mr McCarthy through an unprecedented 15 failed votes for the Speaker position and have been obviously chomping at the bit for another chance to take him on and, if he defies them, bring him down. He recently acceded to demands that he open a baseless – and likely to prove embarrassing for Republicans – impeachment inquiry into Mr Biden.

But the Speaker is aware that he, his party and institution will undoubtedly bear the blame for a shutdown. So, Mr McCarthy has been working on a last-ditch effort to pass a stopgap spending bill, although there is no indication it will succeed. More significantly, senators from both parties are working on a different stopgap spending measure that could keep the government afloat for four to six more weeks by gaining the support of all Democrats and enough Republicans in the House before the Saturday night deadline.

Reportedly, the main issue of contention in the Senate’s potential so-called “continuing resolution” is $25 million in new aid to Ukraine, which could meet with stiff resistance and disruptive outrage from pro-Russia Republican right-wingers in the House, including Mr McCarthy’s close ally, Marjorie Taylor Greene. Republican senators are divided between those determined to support Kyiv versus those who are even more determined not to create additional headaches for Mr McCarthy, who would probably face a protracted campaign by the radicals to oust him if aid to Ukraine is increased.

With Mr Trump urging a shutdown unless Republican extremists "get everything" they are demanding, with Mr McCarthy unable to control the House or even his own caucus, and with Republicans seemingly resolutely determined to prove incapable of the most basic functions of governance, Mr Biden is surely the most serene president ever to face a looming federal government shutdown.

The full list of 2020 Brit Award nominees (winners in bold):

British group

Coldplay

Foals

Bring me the Horizon

D-Block Europe

Bastille

British Female

Mabel

Freya Ridings

FKA Twigs

Charli xcx

Mahalia​

British male

Harry Styles

Lewis Capaldi

Dave

Michael Kiwanuka

Stormzy​

Best new artist

Aitch

Lewis Capaldi

Dave

Mabel

Sam Fender

Best song

Ed Sheeran and Justin Bieber - I Don’t Care

Mabel - Don’t Call Me Up

Calvin Harrison and Rag’n’Bone Man - Giant

Dave - Location

Mark Ronson feat. Miley Cyrus - Nothing Breaks Like A Heart

AJ Tracey - Ladbroke Grove

Lewis Capaldi - Someone you Loved

Tom Walker - Just You and I

Sam Smith and Normani - Dancing with a Stranger

Stormzy - Vossi Bop

International female

Ariana Grande

Billie Eilish

Camila Cabello

Lana Del Rey

Lizzo

International male

Bruce Springsteen

Burna Boy

Tyler, The Creator

Dermot Kennedy

Post Malone

Best album

Stormzy - Heavy is the Head

Michael Kiwanuka - Kiwanuka

Lewis Capaldi - Divinely Uninspired to a Hellish Extent

Dave - Psychodrama

Harry Styles - Fine Line

Rising star

Celeste

Joy Crookes

beabadoobee

The President's Cake

Director: Hasan Hadi

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

Rating: 4/5

The specs

Engine: Turbocharged four-cylinder 2.7-litre

Power: 325hp

Torque: 500Nm

Transmission: 10-speed automatic

Price: From Dh189,700

On sale: now

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Silent Hill f

Publisher: Konami

Platforms: PlayStation 5, Xbox Series X/S, PC

Rating: 4.5/5

GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

Dhadak 2

Director: Shazia Iqbal

Starring: Siddhant Chaturvedi, Triptii Dimri 

Rating: 1/5

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

COMPANY%20PROFILE
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Key recommendations
  • Fewer criminals put behind bars and more to serve sentences in the community, with short sentences scrapped and many inmates released earlier.
  • Greater use of curfews and exclusion zones to deliver tougher supervision than ever on criminals.
  • Explore wider powers for judges to punish offenders by blocking them from attending football matches, banning them from driving or travelling abroad through an expansion of ‘ancillary orders’.
  • More Intensive Supervision Courts to tackle the root causes of crime such as alcohol and drug abuse – forcing repeat offenders to take part in tough treatment programmes or face prison.
Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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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.”

UAE currency: the story behind the money in your pockets
The specs: 2018 Jaguar E-Pace First Edition

Price, base / as tested: Dh186,480 / Dh252,735

Engine: 2.0-litre four-cylinder

Power: 246hp @ 5,500rpm

Torque: 365Nm @ 1,200rpm

Transmission: Nine-speed automatic

Fuel consumption, combined: 7.7L / 100km

Yemen's Bahais and the charges they often face

The Baha'i faith was made known in Yemen in the 19th century, first introduced by an Iranian man named Ali Muhammad Al Shirazi, considered the Herald of the Baha'i faith in 1844.

The Baha'i faith has had a growing number of followers in recent years despite persecution in Yemen and Iran. 

Today, some 2,000 Baha'is reside in Yemen, according to Insaf. 

"The 24 defendants represented by the House of Justice, which has intelligence outfits from the uS and the UK working to carry out an espionage scheme in Yemen under the guise of religion.. aimed to impant and found the Bahai sect on Yemeni soil by bringing foreign Bahais from abroad and homing them in Yemen," the charge sheet said. 

Baha'Ullah, the founder of the Bahai faith, was exiled by the Ottoman Empire in 1868 from Iran to what is now Israel. Now, the Bahai faith's highest governing body, known as the Universal House of Justice, is based in the Israeli city of Haifa, which the Bahais turn towards during prayer. 

The Houthis cite this as collective "evidence" of Bahai "links" to Israel - which the Houthis consider their enemy. 

 

EA Sports FC 24

Frankenstein in Baghdad
Ahmed Saadawi
​​​​​​​Penguin Press

The essentials

What: Emirates Airline Festival of Literature

When: Friday until March 9

Where: All main sessions are held in the InterContinental Dubai Festival City

Price: Sessions range from free entry to Dh125 tickets, with the exception of special events.

Hot Tip: If waiting for your book to be signed looks like it will be timeconsuming, ask the festival’s bookstore if they have pre-signed copies of the book you’re looking for. They should have a bunch from some of the festival’s biggest guest authors.

Information: www.emirateslitfest.com
 

Updated: September 26, 2023, 2:00 PM