If Charles Dickens’s great novel of political ferment, A Tale of Two Cities, were to be written today, it would be a tale of three cities. Dickens wrote of revolutionary Paris and 18th-century London. In 2024, we should add Washington to the list.
A sense of change and turmoil now in three of the great capitals of western democracies tell us a great deal about three systems, three very different political leaders, and about the fragility of democracy itself.
The UK’s election has left the Conservative party – as the BBC’s political editor Chris Mason put it – “a smoking ruin”. The defeat is so comprehensive that Conservatives have no Westminster representation in Wales, Northern Ireland, or Scotland outside just three Scottish seats all bordering England. The Conservatives are fundamentally now only a party of England, not of the UK.
That was emphasised by Prime Minister Keir Starmer’s whirlwind tour of Edinburgh, Belfast and Cardiff, where he met political leaders and promised a new kind of co-operation.
Contrast Mr Starmer’s huge parliamentary majority giving him the ability to speak for the UK, with the situation in Paris. Unlike former UK prime minister Rishi Sunak who appeared to dither over when to call an election, French President Macron called a snap parliamentary vote that surprised everyone. He did so in response to the victories of Marine Le Pen’s far-right National Rally party in the European parliamentary elections.
Like Mr Sunak, Mr Macron was – and still is – unpopular. But unlike Mr Sunak, Mr Macron was decisive. He called an election that was not constitutionally necessary and, commentators said, possibly politically disastrous for him and his party. Many commentators, and perhaps Ms Le Pen herself, assumed that strong support for the National Rally in European elections would translate into strong support in French elections. Wrong.
In France and elsewhere, a lot of voters traditionally do not much care about who runs the European parliament. They care a lot more about who runs their own country. The turnout in the second round of the parliamentary elections was the highest since 1986, and more than 20 per cent up on the previous parliamentary elections in 2022.
Now, of course no democracy and no democratic system is perfect. No transition of power is ever smooth. And it’s not entirely clear who “won” the French election, but it is absolutely clear who lost – Ms Le Pen and her party. Her face as the results came in showed no signs of happiness.
The UK has a first-past-the-post system that is rooted in the politics of two powerful political parties
The big difference between France and the UK is in the voting system. In France, it is proportional representation of a complicated kind. That tends to mean governments may have to be coalitions of various sorts. Certainly, there will be horse-trading between the left-wing coalition of parties and Mr Macron’s group. In the UK, however, we have an enormous Labour landslide taking two thirds of the seats in the House of Commons, but based on just one third of the voters choosing to vote for Labour.
The simple truth is that the UK has a “First Past The Post” system that is rooted in the politics of two powerful political parties, a system going back at least to the 19th century.
It does provide strong governments – Mr Starmer is hugely powerful – but a system based on two parties does not fully represent what has become a much more diverse multi-party UK. In fact, what it does do is make Labour and the Conservatives into parties whose members are a wide coalition of (at times very fractious) views. Internal party divisions between left and right helped keep Labour out of power for 14 years. Internal party divisions between centre right and the far right have destroyed the Conservative party, possibly for a decade.
Although problems of changing the UK voting system are far from Mr Starmer’s immediate agenda, they will not go away. The UK is the only European country, except Belarus, to persist with such an antiquated way of voting. And that brings us to the inheritors of some of the advantages and disadvantages of the UK system – the US.
The US faces another Joe Biden versus Donald Trump contest. The world’s greatest superpower, the arsenal of democracy, had to choose between two men who, unfortunately, do not seem to represent (for very different reasons) the best of America.
The Trump candidacy seems inevitable. His flaws are well documented yet glossed over by many Republicans. In years of living in Washington, I admired, liked and respected Mr Biden as a great American and fundamentally a good person.
In our tale of three cities, Mr Sunak in London proved a ditherer and a disaster. Mr Macron is often disliked but decisive. Mr Biden is decent but, I regret to say, possibly debilitated. He can struggle on and lose in November and be criticised for fighting when unfit. Or he can gracefully pass on to the next generation and be a hero for his sacrifice.
In this tale of three cities, I have no crystal ball, but Mr Biden needs to make a very painful decision before others may make it for him.
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My Cat Yugoslavia by Pajtim Statovci
Pushkin Press
The years Ramadan fell in May
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The specs
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Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
Some of Darwish's last words
"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008
His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.
What can you do?
Document everything immediately; including dates, times, locations and witnesses
Seek professional advice from a legal expert
You can report an incident to HR or an immediate supervisor
You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline
In criminal cases, you can contact the police for additional support
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Dr Afridi's warning signs of digital addiction
Spending an excessive amount of time on the phone.
Neglecting personal, social, or academic responsibilities.
Losing interest in other activities or hobbies that were once enjoyed.
Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.
Experiencing sleep disturbances or changes in sleep patterns.
What are the guidelines?
Under 18 months: Avoid screen time altogether, except for video chatting with family.
Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.
Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.
Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.
Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.
Source: American Paediatric Association
UFC Fight Night 2
1am – Early prelims
2am – Prelims
4am-7am – Main card
7:30am-9am – press cons
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.”
MATCH INFO
Mumbai Indians 186-6 (20 ovs)
Kings XI Punjab 183-5 (20 ovs)
Mumbai Indians won by three runs
Squad for first two ODIs
Kohli (c), Rohit, Dhawan, Rayudu, Pandey, Dhoni (wk), Pant, Jadeja, Chahal, Kuldeep, Khaleel, Shami, Thakur, Rahul.