The Republican primaries appear to be already over. On Saturday, Donald Trump defeated Nikki Haley by about 20 points in South Carolina, where she had been a popular governor. Ms Haley has vowed to press on into Michigan and the primary bonanza on “Super Tuesday", on March 5. But her practical chances of winning the nomination seemed done, and the billionaire Koch network has suspended its support.
On paper, her performance is underwhelming. She came in third in Iowa, lost in New Hampshire and now South Carolina, and in a Nevada primary that lacked Mr Trump's participation "none of the above" beat her by more than 30 points.
Focus group research suggests that Mr Trump's voters are angry she's challenging him and, increasingly, questioning his conduct. Many appear to equate criticism of him with disloyalty to the party and even country. Yet it's precisely Ms Haley's rejection of this personality cult that gives her real significance for the country and party.
Trump has angrily vented his frustration with Haley, but she insists there's 'no need to kiss the ring' or fear his 'retribution'
Republicans, she insists, "have the right to a real choice, not a Soviet-style election with only one candidate". Except, they seem to want only one candidate, and are outraged when he's seriously interrogated. Her mere presence problematises and complicates the widespread impulse to fall into lockstep.
Her policies don't differ much from his, except on US international leadership and support for Ukraine. She agrees with President Joe Biden and most Democrats on the imperative of supporting Kyiv’s struggle against Russia's war. That puts her at odds with the effectively pro-Russia policies of Mr Trump and, following his lead, many Republicans in Congress. This extends to Nato, which she strongly supports but he treats like a gangland protection racket rather than one of the most successful military and strategic alliances in history.
Her more forthright criticism of him has been late in coming, and didn't begin in earnest until her chances of winning the nomination became scant. As long as she had plausible hope, she wasn't prepared to alienate his followers. Principles, as ever, waited upon ambition.
So, her perseverance has increasingly become less about policies or even winning the nomination, and more about providing a political address for Republican voters highly uncomfortable with Mr Trump. She correctly observed that the 40 per cent of votes she received in South Carolina last Saturday isn't "a tiny group", and that "huge numbers" of Republicans don't support the former president.
Her campaign is exposing and, to some extent even creating, serious divisions in a party that must be united and disciplined if Mr Trump is to dislodge Mr Biden in November. Mr Trump – who cannot abide being boldly challenged, particularly by a non-white woman – has been highly antagonistic to Ms Haley and vows to excommunicate her supporters. It's not exactly a welcoming "big tent" appeal.
Yet her campaign indeed demonstrates that, to prevail in November, he must win over traditional and moderate conservatives, even if they cannot stop or slow his march towards the Republican nomination.
She's clearly trying to position herself as the leader of a post-Trump Republican party if he goes down to defeat again in November. Apart from his victory over Hillary Clinton in 2016, as Ms Haley frequently notes, Mr Trump and his faction have had an unbroken losing streak at the polls, including in 2018, 2020, 2021, 2022 and 2023. It just happened again, in a special election in a normally Republican-held seat in Long Island formerly occupied by disgraced Republican congressman and conman George Santos.
Ms Haley is asking Republicans if they are finally "sick of all this winning", as Mr Trump assured them they would become under his leadership. Without invoking Mr Trump's alleged criminality, or his legally established responsibility for huge fraud and the sexual abuse and repeated defamation of writer E Jean Carroll, both in New York, she's asking Republicans to recognise that no matter how much they may love the former president, he really isn't likely to be an appealing candidate for the suburban and swing voters in a handful of competitive states that decide presidential elections.
Mr Trump has angrily vented his frustration with her, but she insists there's "no need to kiss the ring" or fear his "retribution". Still, many prominent Republicans are increasingly pressuring her to drop out and endorse him so Mr Trump can lead an apparently united party into its convention. Her point, though, is that there is a significant subset of Republicans that truly do not like Mr Trump and may or may not reconcile themselves to voting for him in the fall.
She's positioning herself to take over should anything dramatic happen to Mr Trump before November or if he loses to Mr Biden, so it's wise to offer herself as an alternative as loudly and long as possible. Since her very presence and perseverance provoke Mr Trump to lash out at her and her supporters as irrelevant, undeserving and non-Republican, he is consistently making her points.
When the primary is technically over, to protect her chances of future party leadership, she'll likely offer him a pro forma endorsement. Her ambitions may not survive Mr Trump's re-election. But the case she's making now will echo resoundingly if he loses again in November.
Mr Trump's legal woes are rapidly intensifying. Regarding his 91 criminal charges, his strategy appears to be delaying trials and securing re-election more than securing acquittals. He's counting on the electorate as an ultimate de facto jury, and then claiming that everything has been adjudicated by his re-election which supersedes mere trials.
Yet he now owes New York over $454 million, plus $112,000 daily extra that's accumulating in interest. He must pay another $83.3 million to the writer he sexually abused and repeatedly defamed. Securing enough cash to cover a bond for these debts will badly stretch his liquid finances (most of his wealth being tied up in real estate).
Meanwhile, Mr Biden has $132 million already raised for the election, with Mr Trump at just $36.6 million. He recently installed his daughter-in-law, Lara, as co-chair of the Republican National Committee, and she's already insisting that voters want the party to divert campaign funds pay his legal bills. Ms Haley might want to comment on that, repeatedly, before she's through.
Ms Haley has every reason to persist despite her consistent defeats, since she's gambling that Mr Trump won't win in November. And Mr Biden must be delighted that he'll be facing Mr Trump rather than her.
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In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
Panipat
Director Ashutosh Gowariker
Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment
Cast Arjun Kapoor, Sanjay Dutt, Kriti Sanon, Mohnish Behl, Padmini Kolhapure, Zeenat Aman
Rating 3 /5 stars
How does ToTok work?
The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.
Users can also invite other contacts to download ToTok to allow them to make contact through the app.
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Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
Maestro
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Syria squad
Goalkeepers: Ibrahim Alma, Mahmoud Al Youssef, Ahmad Madania.
Defenders: Ahmad Al Salih, Moayad Ajan, Jehad Al Baour, Omar Midani, Amro Jenyat, Hussein Jwayed, Nadim Sabagh, Abdul Malek Anezan.
Midfielders: Mahmoud Al Mawas, Mohammed Osman, Osama Omari, Tamer Haj Mohamad, Ahmad Ashkar, Youssef Kalfa, Zaher Midani, Khaled Al Mobayed, Fahd Youssef.
Forwards: Omar Khribin, Omar Al Somah, Mardik Mardikian.
'The Lost Daughter'
Director: Maggie Gyllenhaal
Starring: Olivia Colman, Jessie Buckley, Dakota Johnson
Rating: 4/5
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.”
The biog
Name: Maitha Qambar
Age: 24
Emirate: Abu Dhabi
Education: Master’s Degree
Favourite hobby: Reading
She says: “Everyone has a purpose in life and everyone learns from their experiences”
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