Activists from Avaaz wearing masks of far-right politicians and urging Europeans to unite to defeat the extreme right in upcoming EU elections, in Madrid on Sunday. AP
Activists from Avaaz wearing masks of far-right politicians and urging Europeans to unite to defeat the extreme right in upcoming EU elections, in Madrid on Sunday. AP
Activists from Avaaz wearing masks of far-right politicians and urging Europeans to unite to defeat the extreme right in upcoming EU elections, in Madrid on Sunday. AP
Activists from Avaaz wearing masks of far-right politicians and urging Europeans to unite to defeat the extreme right in upcoming EU elections, in Madrid on Sunday. AP


Do European voters really care about right, left or centre?


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May 22, 2024

Here’s a puzzle. 2024 is a year of elections worldwide, including the greatest democratic exercise ever attempted, in India. Just short of a billion Indian voters are taking part in the greatest election in human history. But this year’s EU elections, the UK general election and the US presidential election also raise a big question about democracy, and how we talk about politics.

Back in 2022, the London-based Political Studies Association reported that more British people were studying politics at school than ever before. Every student of politics learns about ideas as if they formed a horseshoe shape.

Centrist parties are in the middle, then on one side there are parties of the left, on the other, parties of the right. Left and right are supposed to have very different ideas on the role of the state, whether private enterprise is better than state-funded public works, taxation, and so on.

But the far left and far right – the two extremes of the horseshoe – start to come together because far or extreme-right political groupings have characteristics supposedly similar to those on the far or extreme left. These include contempt for democracy and the hankering for a “strong” leader who “breaks the rules”.

But how far do these categories and ideas make sense nowadays?

Across Europe, the EU elections run from June 3-9. There are fears in Germany, France, the Netherlands, Belgium and elsewhere of a far-right surge.

A Donald Trump impersonator attends the Red Carpet at the Cannes Film Festival on Monday. Getty Images
A Donald Trump impersonator attends the Red Carpet at the Cannes Film Festival on Monday. Getty Images
Interesting is the way in which the responsibilities of government may – or may not – change things for those on the far or radical right once in power

Last Sunday in Madrid, Spain’s far-right Vox Party brought together French opposition leader Marine Le Pen, Hungarian Prime Minister Viktor Orban, Italian Prime Minister Giorgia Meloni and Argentine President Javier Milei. They formed a common front against “massive illegal migration” and the supposed scourge of socialism. American hard-right figures who were present included Matt Schlapp from the American Conservative Union and Roger Severino, vice president of the Heritage Foundation, a right-wing think-tank.

Some dislike the “far right” badge, preferring to call themselves “centre right”, though others see that as rebranding, an attempt to claim to be more mainstream. Beyond arguing about definitions, more interesting is the way in which the responsibilities of government may – or may not – change things for those on the far or radical right once in power.

Ms Meloni, for example, bore the far-right label yet surprised some commentators by appearing to have governed pragmatically within the parameters of Italy’s democratic system. Others claim that Ms Meloni has not moved ideologically at all, but merely nods towards the centre of national politics while her party, Brothers of Italy, has echoes of Benito Mussolini’s fascists in the 1920s.

Either way, a fascinating April 2024 report from Carnegie Europe scholars wrote of the core upheaval in European politics: “For decades, the traditional mainstream parties of the centre right and centre left have been losing ground, while anti-establishment parties have been gaining support,” they noted.

“According to research by the University of Amsterdam, 32 per cent of voters opted for anti-establishment parties in 2021, up from 12 per cent in the early 1990s. Radical-right parties make up about half of this share, and their support has risen faster than that of any other group.”

UK Prime Minister Rishi Sunak, Labour Party leader Keir Starmer, and former prime ministers Liz Truss, Boris Johnson and Theresa May attend the National Service of Remembrance in London last November. Reuters
UK Prime Minister Rishi Sunak, Labour Party leader Keir Starmer, and former prime ministers Liz Truss, Boris Johnson and Theresa May attend the National Service of Remembrance in London last November. Reuters

This shake-up may become more obvious after the European elections. It has also had an impact in Britain, although its first-past-the-post election system tends to punish those outside the political mainstream. Those on the nationalist right, including the UK Independence Party, the Brexit Party and its latest incarnation, Reform UK, have won votes and changed politics but have yet to alter the predominantly two-party system.

Moreover, the British Conservative party is a pragmatic shapeshifter. It has moved significantly towards the right, although its failure in this is worth examining. With hugely unpopular prime ministers, notably Liz Truss followed by Rishi Sunak, traditional Conservatives complain that courting the radical right means substituting ideology for pragmatism.

Pragmatism has always been a key moderate Conservative party selling point. And so, when it comes to politics and the rise of the far right, it’s worth considering not ideology but psychology. Voters across Europe – and as Donald Trump showed, also in the US – always grow tired of “politics as usual”.

Humans are always looking out for the shiny new thing, the golden key to unlock a solution to all our problems. Most of us don’t care much about ideology. Most of us don’t fret about labels of left or right or radical. Most of us merely hope for competence. Since things usually go wrong with governments eventually, voters will always have an inescapable desire for change.

All the parties I have mentioned that have been called far right or radical right have indeed been increasing in popularity. But complaining about things, as they are, is easy. So is pretending, when in opposition during hard times, that you have the solution sometime in the future – but not right now – to the world’s problems.

Governing is difficult. If you don’t believe me, ask the British Conservatives.

RESULTS

Bantamweight:
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Super lightweight:
Flavio Serafin (BRA) bt Mohammad Al Khatib (JOR)

Super lightweight:
Dwight Brooks (USA) bt Alex Nacfur (BRA)

Bantamweight:
Tariq Ismail (CAN) bt Jalal Al Daaja (JOR)

Featherweight:
Abdullatip Magomedov (RUS) bt Sulaiman Al Modhyan (KUW)

Middleweight:
Mohammad Fakhreddine (LEB) bt Christofer Silva (BRA)

Middleweight:
Rustam Chsiev (RUS) bt Tarek Suleiman (SYR)

Welterweight:
Khamzat Chimaev (SWE) bt Mzwandile Hlongwa (RSA)

Lightweight:
Alex Martinez (CAN) bt Anas Siraj Mounir (MAR)

Welterweight:
Jarrah Al Selawi (JOR) bt Abdoul Abdouraguimov (FRA)

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Your rights as an employee

The government has taken an increasingly tough line against companies that fail to pay employees on time. Three years ago, the Cabinet passed a decree allowing the government to halt the granting of work permits to companies with wage backlogs.

The new measures passed by the Cabinet in 2016 were an update to the Wage Protection System, which is in place to track whether a company pays its employees on time or not.

If wages are 10 days late, the new measures kick in and the company is alerted it is in breach of labour rules. If wages remain unpaid for a total of 16 days, the authorities can cancel work permits, effectively shutting off operations. Fines of up to Dh5,000 per unpaid employee follow after 60 days.

Despite those measures, late payments remain an issue, particularly in the construction sector. Smaller contractors, such as electrical, plumbing and fit-out businesses, often blame the bigger companies that hire them for wages being late.

The authorities have urged employees to report their companies at the labour ministry or Tawafuq service centres — there are 15 in Abu Dhabi.

TOUCH RULES

Touch is derived from rugby league. Teams consist of up to 14 players with a maximum of six on the field at any time.

Teams can make as many substitutions as they want during the 40 minute matches.

Similar to rugby league, the attacking team has six attempts - or touches - before possession changes over.

A touch is any contact between the player with the ball and a defender, and must be with minimum force.

After a touch the player performs a “roll-ball” - similar to the play-the-ball in league - stepping over or rolling the ball between the feet.

At the roll-ball, the defenders have to retreat a minimum of five metres.

A touchdown is scored when an attacking player places the ball on or over the score-line.

MATCH INFO

Uefa Champions League, last-16, second leg (first-leg scores in brackets):

PSG (2) v Manchester United (0)

Midnight (Thursday), BeIN Sports

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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The new speaker of Iraq’s parliament Mohammed Al Halbousi is the youngest person ever to serve in the role.

The 37-year-old was born in Al Garmah in Anbar and studied civil engineering in Baghdad before going into business. His development company Al Hadeed undertook reconstruction contracts rebuilding parts of Fallujah’s infrastructure.

He entered parliament in 2014 and served as a member of the human rights and finance committees until 2017. In August last year he was appointed governor of Anbar, a role in which he has struggled to secure funding to provide services in the war-damaged province and to secure the withdrawal of Shia militias. He relinquished the post when he was sworn in as a member of parliament on September 3.

He is a member of the Al Hal Sunni-based political party and the Sunni-led Coalition of Iraqi Forces, which is Iraq’s largest Sunni alliance with 37 seats from the May 12 election.

He maintains good relations with former Prime Minister Nouri Al Maliki’s State of Law Coaliton, Hadi Al Amiri’s Badr Organisation and Iranian officials.

Crops that could be introduced to the UAE

1: Quinoa 

2. Bathua 

3. Amaranth 

4. Pearl and finger millet 

5. Sorghum

The specs

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Ministry of Interior
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General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
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Al Watan newspaper
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Company Profile

Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million

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1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

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Director: Joseph Kosinski

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Directors: Anthony Russo, Joe Russo

Starring: Robert Downey Jr, Chris Evans, Scarlett Johansson, Chris Hemsworth, Josh Brolin

4/5 stars 

Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

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Updated: May 22, 2024, 7:00 AM