Dennis Francis was president of the 78th session of the UN General Assembly
September 06, 2024
This month, I reach the end of my term as President of the United Nations General Assembly, and I do so with a great deal of pride, a healthy dose of humility and a much-deepened appreciation of our multilateral system.
When I assumed office in September of last year, I knew that the year-long mandate would be difficult, but a unique opportunity to make the difference. I knew then that the world was mired in challenges, from climate change to inequality, from the fallout of the Covid-19 pandemic to the act of aggression against Ukraine. Yet, the scale and gravity of the events that have transpired over the past year have exacerbated the situation and exceeded even the most measured expectations.
I began my term with a theme of “Rebuilding Trust and Reigniting Global Solidarity”, underpinned by four core watchwords – peace, prosperity, progress and sustainability for all – as my vision to guide the General Assembly’s efforts in addressing the challenges we face and to shape our priorities for the future.
And while we worked diligently toward these goals through mandated events and those initiated by my office, it became clear that, despite careful planning, world events often take on lives of their own, propelling unexpected issues to the forefront of the global political discourse. One of the most poignant lessons of my presidency is that while we can craft an agenda, we cannot control the course of events.
Barely a month into my presidency, on October 7, 2023, Hamas militants launched an unprecedented and brutal attack on Israel, killing over 1,000 civilians and taking several hostages. In response, Israel initiated a large-scale military operation targeting Hamas in Gaza, with civilians once again bearing the brunt of the consequences. The ensuing cycle of violence – devastating in its impact – has spurred global outrage, widespread protests and urgent calls for intervention. Overnight, the situation in Gaza became a flashpoint, dominating global attention, driving a wedge into international affairs, eroding much-needed trust among nations and exacerbating existing tensions. It is fair to say that it became an inescapable element of the UN’s work.
Nearly a year later, I am both encouraged by the UN General Assembly response and, in fact, much more eager for a multilateral system that is better equipped to do more.
On the first point, it is encouraging to note that the General Assembly swiftly acted, passing two key resolutions: one on the protection of civilians and upholding legal and humanitarian obligations, and another calling for an immediate and sustained humanitarian truce. The first resolution, adopted by a vote of 153 in favour, 10 against and 23 abstentions, demanded an immediate humanitarian ceasefire, respect for international law, the release of hostages and unhindered humanitarian access to Gaza. The second, passed with 121 votes in favour, 14 against and 44 abstentions, echoed these demands and called for the continuous provision of essential supplies and services into Gaza.
While we can craft an agenda, we cannot control the course of events
These resolutions reflect the core principles of the UN – the protection of civilians, respect for international law and striving for peace – but they also underscore the stark limitations of our multilateral system, as presently designed.
This brings me to my second point, and the need for a multilateral system that is agile, evolutionary and is well equipped to meet the challenges of the times.
The continued escalation of violence in Gaza is a tragedy, but it is not the only crisis with which the General Assembly has had to contend over the past year.
The world is increasingly beset by geopolitical tensions, humanitarian disasters and deepening abhorrent inequalities of various kinds, including economic disparities. And yet, despite our best efforts, the multilateral system has often been found wanting, unable to proactively respond with the speed, decisiveness and unity that the times demand. The UN was founded on the principle of collective action, yet too often in recent years it has felt as though we are still stuck in the past and in a cycle of reactive responses rather than proactive dialogue and diplomacy.
Put simply, the frustrating persistence of conflict in places like Gaza, Ukraine, Sudan, Haiti and elsewhere reveals a deeper problem: we remain collectively unable to prevent and halt conflicts that are outpacing our efforts to build durable peace, and this is symptomatic of a multilateral system in dire need of reform.
Indeed, I will remember the 78th session as one in which the drumbeat for UN reform reached fever pitch, with nearly every visit overseas, every meeting and every event building upon this narrative. This is why the upcoming Summit of the Future, set to take place in a few weeks alongside the annual UN General Assembly’s High-Level Week, is of such critical importance. This Summit, which will bring together world leaders, civil society and stakeholders from across the globe, is designed to inject much-needed vigour into our multilateral system. It is an opportunity that cannot be missed to acknowledge the shortcomings of the present order, and to act to rectify them. The Summit will focus on addressing systemic inefficiencies, enhancing co-operation and ensuring that the international community is better equipped to deal with the evolving challenges of the 21st century.
I am convinced that rebuilding trust between nations, re-igniting global solidarity and accelerating action on the 2030 Agenda are not just lofty ideals; they are imperatives. The Sustainable Development Goals offer a comprehensive blueprint for peace, prosperity, and sustainability, but without robust and reformed multilateral institutions to support them, they risk becoming little more than empty promises. The UN must be the platform for collective action, and that is fit for purpose – one that can effectively respond to crises, prevent conflicts, support sustainable development as well as promote respect for human rights in a rapidly changing world.
As I step down from my role as PGA, I do so with a deep sense of gratitude for the opportunity to have served during this pivotal time. I have had the privilege of working with remarkable colleagues, a wide range of stakeholders and partners, all of whom are strongly committed to the values that the UN represents. And while the challenges we face are formidable, they are certainly not insurmountable. In fact, I remain hopeful. Hopeful that with the necessary reforms, we can restore faith in multilateralism and deliver on the promises we have made to the peoples of the world.
In all this, I was fortunate to have assembled a highly motivated multinational team, to whom I owe a great debt of gratitude for the support they rendered to my presidency during a rather challenging year.
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...
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Panipat
Director Ashutosh Gowariker
Produced Ashutosh Gowariker, Rohit Shelatkar, Reliance Entertainment
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.
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”
A – Dubai College, Deira International School, Al Ain Amblers, Warriors B – Dubai English Speaking College, Repton Royals, Jumeirah College, Gems World Academy C – British School Al Khubairat, Abu Dhabi Harlequins, Dubai Hurricanes, Al Yasmina Academy D – Dubai Exiles, Jumeirah English Speaking School, English College, Bahrain Colts
Recent winners
2018 – Dubai College 2017 – British School Al Khubairat 2016 – Dubai English Speaking School 2015 – Al Ain Amblers 2014 – Dubai College
British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened. He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia. Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”. Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.
Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.
While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.
While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar.
Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.
Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.
Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities.
Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong.
Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.
Expert advice
“Join in with a group like Cycle Safe Dubai or TrainYAS, where you’ll meet like-minded people and always have support on hand.”
Stewart Howison, co-founder of Cycle Safe Dubai and owner of Revolution Cycles
“When you sweat a lot, you lose a lot of salt and other electrolytes from your body. If your electrolytes drop enough, you will be at risk of cramping. To prevent salt deficiency, simply add an electrolyte mix to your water.”
Cornelia Gloor, head of RAK Hospital’s Rehabilitation and Physiotherapy Centre
“Don’t make the mistake of thinking you can ride as fast or as far during the summer as you do in cooler weather. The heat will make you expend more energy to maintain a speed that might normally be comfortable, so pace yourself when riding during the hotter parts of the day.”
Chandrashekar Nandi, physiotherapist at Burjeel Hospital in Dubai
“I was in complete disgust at the fact that only one person was to be charged for Bloody Sunday.
“Somebody later said to me, 'you just watch - they'll drop the charge against him'. And sure enough, the charges against Soldier F would go on to be dropped.
“It's pretty hard to think that 50 years on, the State is still covering up for what happened on Bloody Sunday.”