A satellite image shows gas from the Nord Stream pipeline bubbling up in the water following incidents in the Baltic Sea last September. Reuters
A satellite image shows gas from the Nord Stream pipeline bubbling up in the water following incidents in the Baltic Sea last September. Reuters
A satellite image shows gas from the Nord Stream pipeline bubbling up in the water following incidents in the Baltic Sea last September. Reuters
A satellite image shows gas from the Nord Stream pipeline bubbling up in the water following incidents in the Baltic Sea last September. Reuters


Is western media telling us the truth, the whole truth, and nothing but the truth?


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October 03, 2023

We know we live in a world of “alternative facts” where objectivity is becoming ever more elusive, but America and China have just upped the ante. In the past week, the US State Department issued a report accusing Chinese authorities of spending billions per year on disseminating propaganda, while Beijing’s Ministry of Foreign Affairs denounced the US as an “empire of lies, through and through”.

There is plenty of disinformation around all right. But what I most object to is disinformation by omission and oversimplification, often spread by politicians and publications that ought to know better.

Take the case of Nagorno-Karabakh. Until fairly recently, it would be fair to say that most people outside of the region would have had trouble locating it on a map. It has been in the headlines recently, however, after an Azerbaijani military operation took control of the area and most of the ethnic Armenian population – perhaps 100,000 people – fled to the next-door state of Armenia.

Whatever view one takes of the action – and the Azerbaijan government denies accusations of ethnic cleansing – you might have thought it was rather important to mention that although the status of Nagorno-Karabakh has been in dispute since the break-up of the Soviet Union, the region is internationally recognised to be part of Azerbaijan. This paper did so. But many English-language reports have omitted this fact entirely. Readers may have been left with the impression that Azerbaijan has invaded an independent state, rather than asserted its authority over an area that is unquestionably within its boundaries.

Is it too far-fetched to think this important detail is often left out because some western media outlets prefer to take the side of Christian “European” Armenians rather than Muslim Turkic Azerbaijan?

  • A wounded Armenian man from Stepanakert, Nagorno-Karabakh, is helped by volunteers as he arrives in Goris, Armenia. AP
    A wounded Armenian man from Stepanakert, Nagorno-Karabakh, is helped by volunteers as he arrives in Goris, Armenia. AP
  • A family from Nagorno-Karabakh are helped as they leave a truck with their belongings after arriving at Goris. AP
    A family from Nagorno-Karabakh are helped as they leave a truck with their belongings after arriving at Goris. AP
  • An Armenian woman from Nagorno-Karabakh warms herself near a tent camp after arriving in Goris. AP
    An Armenian woman from Nagorno-Karabakh warms herself near a tent camp after arriving in Goris. AP
  • A medic helps an Armenian man from Nagorno-Karabakh near the registration and distribution centre in Goris. EPA
    A medic helps an Armenian man from Nagorno-Karabakh near the registration and distribution centre in Goris. EPA
  • Ethnic Armenians fleeing Nagorno-Karabakh walk on a road to Kornidzor, in Armenia's Syunik region. AP
    Ethnic Armenians fleeing Nagorno-Karabakh walk on a road to Kornidzor, in Armenia's Syunik region. AP
  • An ethnic Armenian boy from Nagorno-Karabakh, looks out from a car window upon his arrival in Goris, Armenia's Syunik region. AP
    An ethnic Armenian boy from Nagorno-Karabakh, looks out from a car window upon his arrival in Goris, Armenia's Syunik region. AP
  • A satellite view of a long traffic jam of vehicles along the highway approaching to the Armenian border with Azerbaijan, at the Lachin corridor in the Nagorno-Karabakh region. AP
    A satellite view of a long traffic jam of vehicles along the highway approaching to the Armenian border with Azerbaijan, at the Lachin corridor in the Nagorno-Karabakh region. AP
  • Armenian volunteers distribute clothes to ethnic Armenians fleeing Nagorno-Karabakh, after they crossed the Azerbaijan-Armenia border near the village of Kornidzor, Armenia. EPA
    Armenian volunteers distribute clothes to ethnic Armenians fleeing Nagorno-Karabakh, after they crossed the Azerbaijan-Armenia border near the village of Kornidzor, Armenia. EPA
  • Ethnic Armenians flee Nagorno-Karabakh to Kornidzor, in Armenia's Syunik region. AP
    Ethnic Armenians flee Nagorno-Karabakh to Kornidzor, in Armenia's Syunik region. AP
  • Ethnic Armenians fleeing Nagorno-Karabakh region rest on a roadside after crossing the border with Azerbaijan, near the village of Kornidzor. EPA
    Ethnic Armenians fleeing Nagorno-Karabakh region rest on a roadside after crossing the border with Azerbaijan, near the village of Kornidzor. EPA
  • Ethnic Armenians from Nagorno-Karabakh sit in the back of a vehicle after crossing the border on their way to an Armenian Ministry of Foreign Affairs registration centre in Kornidzor, Armenia. EPA
    Ethnic Armenians from Nagorno-Karabakh sit in the back of a vehicle after crossing the border on their way to an Armenian Ministry of Foreign Affairs registration centre in Kornidzor, Armenia. EPA
  • Ethnic Armenians at the registration centre. EPA
    Ethnic Armenians at the registration centre. EPA
  • An elderly woman holds an infant. EPA
    An elderly woman holds an infant. EPA
  • Ethnic Armenians from Nagorno-Karabakh look on from inside a van. EPA
    Ethnic Armenians from Nagorno-Karabakh look on from inside a van. EPA
  • Ethnic Armenians arrive at the registration centre. EPA
    Ethnic Armenians arrive at the registration centre. EPA
  • Ethnic Armenians arrive at the registration centre. EPA
    Ethnic Armenians arrive at the registration centre. EPA
  • Ethnic Armenians from Nagorno-Karabakh wait near Kornidzor, the town in Syunik region, Armenia. AP
    Ethnic Armenians from Nagorno-Karabakh wait near Kornidzor, the town in Syunik region, Armenia. AP
  • Russian peacekeepers evacuate Nagorno-Karabakh civilians at an undisclosed location. AFP
    Russian peacekeepers evacuate Nagorno-Karabakh civilians at an undisclosed location. AFP
  • A refugee from Nagorno-Karabakh region is carried out of a vehicle upon arrival at a temporary accommodation centre in the town of Goris, Armenia. Reuters
    A refugee from Nagorno-Karabakh region is carried out of a vehicle upon arrival at a temporary accommodation centre in the town of Goris, Armenia. Reuters
  • An ethnic Armenian embraces a man upon arrival in Armenia's Goris. AP
    An ethnic Armenian embraces a man upon arrival in Armenia's Goris. AP
  • An ethnic Armenian boy from Nagorno-Karabakh, looks on from a car upon arrival in Goris. AP
    An ethnic Armenian boy from Nagorno-Karabakh, looks on from a car upon arrival in Goris. AP
Putting out oversimplified narratives or omitting facts that don’t suit your case are acts of disinformation

Similarly, I’ve lost count of the times I have read the words: “Taiwan, which has never been ruled by Communist China.” I would say “so what?”, except that formulation is clearly meant to delegitimise Beijing’s claim to what it considers to be a renegade province. One time, in a noted publication that I will not embarrass by naming, the game was given away. In a revealing slip, the phrase became: “Taiwan, which has never been ruled by China.” That is obviously false.

If one wanted to provide real context, rather than propagandise on behalf of the China hawks in the US, it would be necessary to point out that island’s current separation from the mainland represents the unfinished business of a civil war, when the nationalist leader Chiang Kai-shek retreated to Taiwan (which he certainly thought was part of China) in 1949 – and civil wars occur inside one country, not two.

When has any country willingly allowed secession to happen, especially when it is supported by an unfriendly superpower? Put like that, Beijing’s insistence on eventual reunification does not necessarily seem unreasonable. But omitting this context is handy if all you want to do is demonise China.

Another example: reports of any criticisms, or any comments at all, by American leaders relating to breaches of the UN Convention on the Law of the Sea or arrest warrants issued by the International Criminal Court are hopelessly distorted if they fail to mention that the US has not ratified the former and is not signed up to the latter.

This isn’t about taking sides. It’s about insisting that we are provided with the facts – all of them – so we can take a fully informed view on matters of the day. But there is currently a curious unwillingness among western politicians and mainstream media to demand truth from power. On a whole range of issues, from the internal battles in Britain’s Labour party to the war in Ukraine, a new conformity of not only happily accepting but then cleaving closely to officially sanctioned narratives appear to have taken hold.

Yaroslav Hunka, right, seen in Canadian parliament last month, fought alongside the Nazis. AP Photo
Yaroslav Hunka, right, seen in Canadian parliament last month, fought alongside the Nazis. AP Photo

What about, for instance, the bombing of the Nord Stream gas pipelines that run from Russia to Germany? They may be majority-owned by Russia (51 per cent), but Western European nations are the other owners and were also co-financiers of the multibillion-dollar project. Right after the strike, Poland’s former foreign minister Radek Sikorski tweeted a picture of gas coming out of the damaged pipeline with the caption “thank you, USA”. He then swiftly deleted it, possibly after someone reminded him that destroying civilian infrastructure constitutes a war crime.

The US investigative journalist Seymour Hersh said Mr Sikorski had it right – and was then roundly rubbished as a fantasist and conspiracy theorist, for his pains. It strains credulity that officials do not know who did it. Yet still we have not been told. Where is the outcry over this outrageous concealment?

It was oversimplification that led to the scenes in Canada’s parliament last month, when a Ukrainian Nazi veteran was given a standing ovation and hailed as a hero.

Everyone – in then speaker Anthony Rota’s office, at any rate – had decided that the Russians were so awful and Ukrainians were such unalloyed saints, that no one questioned what fighting for Ukrainian independence against the Russians in the Second World War might actually mean. It meant being on the side of the Nazis, of course. But such was the determination to see the conflict in Ukraine as a fight between good and evil, that those responsible lost all contact with reality – and history.

It was a reminder that the truth is often complicated. So is history. And that putting out oversimplified narratives or omitting facts that don’t suit your case are acts of disinformation just as surely as is claiming that Donald Trump won the last US presidential election. All three are unmoored from the truth – and that is what we have the right to demand, however inconvenient it may be.

Other must-tries

Tomato and walnut salad

A lesson in simple, seasonal eating. Wedges of tomato, chunks of cucumber, thinly sliced red onion, coriander or parsley leaves, and perhaps some fresh dill are drizzled with a crushed walnut and garlic dressing. Do consider yourself warned: if you eat this salad in Georgia during the summer months, the tomatoes will be so ripe and flavourful that every tomato you eat from that day forth will taste lacklustre in comparison.

Badrijani nigvzit

A delicious vegetarian snack or starter. It consists of thinly sliced, fried then cooled aubergine smothered with a thick and creamy walnut sauce and folded or rolled. Take note, even though it seems like you should be able to pick these morsels up with your hands, they’re not as durable as they look. A knife and fork is the way to go.

Pkhali

This healthy little dish (a nice antidote to the khachapuri) is usually made with steamed then chopped cabbage, spinach, beetroot or green beans, combined with walnuts, garlic and herbs to make a vegetable pâté or paste. The mix is then often formed into rounds, chilled in the fridge and topped with pomegranate seeds before being served.

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

'The Batman'

Stars:Robert Pattinson

Director:Matt Reeves

Rating: 5/5

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The President's Cake

Director: Hasan Hadi

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

Rating: 4/5

Gully Boy

Director: Zoya Akhtar
Producer: Excel Entertainment & Tiger Baby
Cast: Ranveer Singh, Alia Bhatt, Kalki Koechlin, Siddhant Chaturvedi​​​​​​​
Rating: 4/5 stars

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 

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.”

Leap of Faith

Michael J Mazarr

Public Affairs

Dh67
 

Elvis
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RESULTS

6pm: Al Maktoum Challenge Round-2 – Group 1 (PA) $55,000 (Dirt) 1,900m
Winner: Rajeh, Antonio Fresu (jockey), Musabah Al Muhairi (trainer)

6.35pm: Oud Metha Stakes – Rated Conditions (TB) $60,000 (D) 1,200m
Winner: Get Back Goldie, William Buick, Doug O’Neill

7.10pm: Jumeirah Classic – Listed (TB) $150,000 (Turf) 1,600m
Winner: Sovereign Prince, James Doyle, Charlie Appleby

7.45pm: Firebreak Stakes – Group 3 (TB) $150,000 (D) 1,600m
Winner: Hypothetical, Mickael Barzalona, Salem bin Ghadayer

8.20pm: Al Maktoum Challenge Round-2 – Group 2 (TB) $350,000 (D) 1,900m
Winner: Hot Rod Charlie, William Buick, Doug O’Neill

8.55pm: Al Bastakiya Trial – Conditions (TB) $60,000 (D) 1,900m
Winner: Withering, Adrie de Vries, Fawzi Nass

9.30pm: Balanchine – Group 2 (TB) $180,000 (T) 1,800m
Winner: Creative Flair, William Buick, Charlie Appleby

Turkish Ladies

Various artists, Sony Music Turkey 

The%20end%20of%20Summer
%3Cp%3EAuthor%3A%20Salha%20Al%20Busaidy%3C%2Fp%3E%0A%3Cp%3EPages%3A%20316%3C%2Fp%3E%0A%3Cp%3EPublisher%3A%20The%20Dreamwork%20Collective%C2%A0%3C%2Fp%3E%0A
The specs: 2018 BMW X2 and X3

Price, as tested: Dh255,150 (X2); Dh383,250 (X3)

Engine: 2.0-litre turbocharged inline four-cylinder (X2); 3.0-litre twin-turbo inline six-cylinder (X3)

Power 192hp @ 5,000rpm (X2); 355hp @ 5,500rpm (X3)

Torque: 280Nm @ 1,350rpm (X2); 500Nm @ 1,520rpm (X3)

Transmission: Seven-speed automatic (X2); Eight-speed automatic (X3)

Fuel consumption, combined: 5.7L / 100km (X2); 8.3L / 100km (X3)

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Fight card

1. Bantamweight: Victor Nunes (BRA) v Siyovush Gulmamadov (TJK)

2. Featherweight: Hussein Salim (IRQ) v Shakhriyor Juraev (UZB)

3. Catchweight 80kg: Rashed Dawood (UAE) v Khamza Yamadaev (RUS)

4. Lightweight: Ho Taek-oh (KOR) v Ronald Girones (CUB)

5. Lightweight: Arthur Zaynukov (RUS) v Damien Lapilus (FRA)

6. Bantamweight: Vinicius de Oliveira (BRA) v Furkatbek Yokubov (RUS)

7. Featherweight: Movlid Khaybulaev (RUS) v Zaka Fatullazade (AZE)

8. Flyweight: Shannon Ross (TUR) v Donovon Freelow (USA)

9. Lightweight: Mohammad Yahya (UAE) v Dan Collins (GBR)

10. Catchweight 73kg: Islam Mamedov (RUS) v Martun Mezhulmyan (ARM)

11. Bantamweight World title: Jaures Dea (CAM) v Xavier Alaoui (MAR)

12. Flyweight World title: Manon Fiorot (FRA) v Gabriela Campo (ARG)

How%20champions%20are%20made
%3Cp%3E%0D%3Cstrong%3EDiet%3C%2Fstrong%3E%20%0D%3Cbr%3E7am%20-%20Protein%20shake%20with%20oats%20and%20fruits%0D%3Cbr%3E10am%20-%205-6%20egg%20whites%0D%3Cbr%3E1pm%20-%20White%20rice%20or%20chapati%20(Indian%20bread)%20with%20chicken%0D%3Cbr%3E4pm%20-%20Dry%20fruits%20%0D%3Cbr%3E7.30pm%20-%20Pre%20workout%20meal%20%E2%80%93%20grilled%20fish%20or%20chicken%20with%20veggies%20and%20fruits%0D%3Cbr%3E8.30pm%20to%20midnight%20workout%0D%3Cbr%3E12.30am%20%E2%80%93%20Protein%20shake%20%0D%3Cbr%3E%3Cstrong%3ETotal%20intake%3A%3C%2Fstrong%3E%204000-4500%20calories%20%0D%3Cbr%3E%3Cstrong%3ESaidu%E2%80%99s%20weight%3A%3C%2Fstrong%3E%20110%20kg%0D%3Cbr%3E%3Cstrong%3EStats%3A%3C%2Fstrong%3E%20Biceps%2019%20inches.%20Forearms%2018%20inches%3C%2Fp%3E%0A
Updated: October 03, 2023, 3:04 PM